There is no way to turn this clock back. I dont want to turn it back. We need to recognize inherent in each virtue, and i summarized them on the side, is the risk. To the degree that i concentrate or communicate or take people out of the loop, et cetera, to the degree i buy the benefits of this technology and each and everyone of those steps i introduced security consequences that are, give risk, give rise to greater risk, the virtue of the system is intertwined with its limitation, its liabilities and its risk. That is fundamental. It is not just that the complexity of the system gives me these problems. One reason Technology Fixes just dont get me there, every time i buy more security i tend to do so in ways that are involving sacrifice of virtues. I want to spend a minute having talked about software to say a little bit about hardware because the hardware insecurities are quite, quite real as well. Youre aware of that. Easy example i can give is just people tend to think about suppl
North korean tensions dominating sentiment. Investors not prepared to take risks. Has andling us what going on for a couple of decades. Military spending, the chart showing south korea in red, the in japan. Jeff an fallen, it is double that of japan as a percentage of gdp. Japan gdp is Something Like 3. 5 korea, soer that of absolute spending way ahead. 3. 3 percent of gdp spent in the United States, a budget of 500 billion to 600 billion in year. Haidi putting that into perspective. That data point is top of mind as we have President Trump saying they are willing to sell more weapons to south korea and japan to prepare for any kind of potential military conflict in the region. No consensus on how to deal with a threat from the north with Vladimir Putin saying he is against further sanctions against north korea. We are 30 minutes away from the open in china and hong kong. Southeast asian markets, singapore, malaysia, taiwan coming online. To the. Markets reaction nuclear test was not a
About the selloff in treasuries. One of the underperformers in germany 50 basis points. We made it. David we will get a range of u. S. Economic data at 8 30 a. M. Eastern time, including core pce and Second Quarter gdp. The Kansas City Fed president at 9 45 this morning. Will speake chairman 15 minutes later at a conference in london. At 1 00 this afternoon, the u. S. Treasury will sell off 28 billion in 10 year notes. Emma President Donald Trump kicked up his campaign to cut tax rates for corporations and individuals, casting the proposal as an economic jolt for hiring across the country. The Corporate Tax rate at 20 . Framework, we will dramatically cut the business tax rates of that American Companies and American Workers can beat our foreign competitors and start winning again. Businesses would be allowed to immediately break up their Capital Spending for five years. European unions chief brexit negotiator says the pie minister speech in florence is causing a new dynamic in our neg
Nonfiction, author Frances Fitzgerald discusses her history of evangelicalism in america. Good evening. Welcome to tonights lecture. Before we get started, you may have noticed a few cameras in the room. A couple rules, please turn off all of your devices and also, if you are to ask a question that question time, everyone has to come to the microphone. Please do that appear interested in asking a question. This is, we are very excited about tonights program. Its a pleasure to welcome tonights journalists and author Frances Fitzgerald. This is made possible through the generosity of the living foundation. Born in new york city, she came of age as a journalist in the vietnam war era. In 1972 she published fire in the lake. The history of vietnam and the United States military involvement in that country. The book was awarded a Pulitzer Prize and a National Book award. She authored numerous books and theyve appeared in publications such as the new yorker, New York Times magazine and rolli
Good evening. Welcome to the lecture. Before you we get started down may have noticed few cameras in the room. Please turn off your devices and also if youre going to ask a question, at question time, everybody has to come to the microphone or theyll cut the entire session. So please do that itself youre interested in asking a question. This is very excited about the program. Its a pleasure to welcome tonights featuring journalists and author Frances Fitzgerald. The lecture is made possible through the generosity of the Livingston Foundation little were in new york city and graduate from Radcliffe College she became a journalist during the vietnam war era. In 1972 she published the vietnamese and americans in vietnam. A history of vietnam and the United States military involvement in that country. The book was awarded a pulitzer prize, a bancroft prize and a National Book award. She has since authored numerous critically acclaimed works in American History and works have appeared in th