The Trump Administration overstepped its authority. Ntt reportedly planned to take its wireless carrier unit private. At buyout could be valued 38 billion. At thebreaking news moment. We are getting Industrial Production numbers for south korea. Year on year, it should be for the month of august, a decline of 3 , matching expectations, and bigger declines than the previous month. We continue to see some weakness year on year. Industrial production numbers have been in contraction for five consecutive months. When it comes to the previous month numbers, they have been revised slightly upwards but not by much. Month on month, a contraction of 0. 7 which is a contraction instead of just coming in flat as expected so that is disappointing numbers. Perhaps we could see some better numbers later in the year. We do have trade numbers for the month of september. We are expecting it to come up on thursday and exports are likely to see an annual gain in september so lets watch out for those numb
Coronavirus pandemic continues. Spoken policy experts about chinas global influence and why continued engagement with china is in the best interest of the u. S. Without objection, the chair may declare a recess at any time. Before we proceed to our topic the National Security implications of the u. S. And china relationship in a post covid world, housekeeping matters. The session will be conducted on an unclassified basis p all participants should refrain from discussing any class of either other information protected from public disclosure. The committee is conducting this virtual hearing with House Resolution 965 and the regulations for the conduct of Remote Committee proceedings. It is being broadcast on the committees website. Like many of you, i would have preferred to hold this hearing in person but because of the threat posed by covid19, it remained serious and widespread. We are proceeding in the best manner we can, remotely in todays case, in order to ensure the safety of our
Hitting an alltime high yesterday continues the momentum up another 37 points on futures this morning on nasdaq. Meanwhile investigating the origins of the russia probe as you could see the nasdaq is alltime high yesterday and general attorney general bill barr saying hes trouble of what has been called to his attention so far. We are waiting on criminal investigation by john durham and added that americans will be able to recognize some of the names under investigation as part of ongoing probe, we will have more on what the attorney general said today. The coronavirus pandemic, more businesses across america are opening but dr. Fauci is warning the nightmare is far from over. The World Health Organization is now walking back the claims that asymptomatic transmission is rare. Mornings with maria begins right now. European markets mixed, ftse 100 down 26 points, cac quarante down 21 rand dax germany lower. Bars, restaurants, hair dressers will remain close in july 1st in euro zone. In a
Rally yesterday dow futures are now down. Nasdaq futures lower by 64. Nasdaq up 190. Now this, former Vice President joe biden and the ukraine scandal back in the spotlight, an investigation Just Launched overseas after phone conversations between biden and then ukraine president are released. Meanwhile u. S. Senate taking a major senate in probe of Hunter Bidens role of Barisma Holdings and tesla tapping the brakes in battle with california, dropping the lawsuit after plant is allowed to open. Mornings with maria begins right now. And Global Markets this morning red cross the board, take a look at european indices as u. S. China tensions rise, the cac quarante is down 48 and dax index in germany lower by 174, there are sign that is the european economy is slowly coming back. The euro zone purchasing manager index coming above expectations this morning. In asia overnight, markets mostly lower. Take at the numbers in asia, worst performer half percent lower shanghai composite in china.
This able is no less perilous than previous decades. There is growing evidence communist china is directly responsible for the deaths of 140,000 people around the world. The wuhan virus killing 31,000 in america. It has cost 32 million americans their jobs. A number of government sources say there is a high level of confidence communist china is covering up the origins of the wuhan virus and they are now comfortable in questioning whether the virus came from a laboratory at the Wuhan Institute of the virology. Thats a question we raised on this brad cast for the past couple weeks. Sources say the laboratory was working on a virus carried by horseshoe bats in southern china. How or why that occurred if it did occur is still unknown and far from certain. We are learning the Wuhan Laboratory was operating far below its biosafety designation. And the u. S. Embassy in beijing sent cables back to the state Department Warning of those safety issues. President trump with this reaction. Preside