Postworld war ii Marshall Plan. Hosted by the institution this is about 45 minutes. Good morning and good afternoon everyone. Its great to bee with you. Thank you for joining us. In the economy and Development Program. It is a great honor and privilege for me to open this event. We are very grateful for the presentation in thehe secretary general. In the foundation from both exempla terry leaders for development. It we are glad there with us today. We arere u very honored by the presence and participation. The lunch of the is a historic moment for global program. In a time of much dislocation in the Global Economy. Ba we need to build back up and include a sustainable economy. Policymakers and all other people around the world, have the senate, his power and leadership for Sustainable Development. We are grateful to our partners his support has been tremendous. Especially thank you for the bookings highlevel policy roundtables for the development over the years. In the creation of the
What are we doing what, when, and how will it turn out to secure jobs and economic recoveries engine trouble shares in royals royce fall toward the bottom of the European Market as the Aerospace Engineer sees the Credit Rating cut. And the European Commission reportedly strikes a deal with roche to supply covid19 treatments to eu Member States but the swiss drug maker telling us its committed to meeting the needs of patients worldwide. And the stock markets here in europe have been trading for an hour so well well dive into what were witnessing the market has moving slightly positive modest gains here. Not exactly keeping pace with wall street where weve seen gains on the three major indexes but markets have been softer especially on the core markets theres been a lot of german stocks, in particular. Its been slightly disappointing week in terms of pace of acceleration for stocks here as the heat map is telling you, theres fairly evenly split trade between some of the gainers and loser
Is always virus lurking and last week it took installing the markets. Corporations are upping their expectations to earnings. We might get back to fundamentals at some point. Happens hopefully that because that is what it all comes down to, the u. S. Corporate profit outlook. With the virus still lurking, and the idea we are still in the first wave that hit new york first and is now spreading around the country, that has to make it difficult for countries to plan for the future. To the degree they are able to bring up assets for the future, they were brought down. Still lots of uncertainty. It is one of the cases where the proof will be in the pudding. Lets see how many stores look at apple closing their stores. Lets see how the reopening process goes, lets see how the payrolls report coming out thursday goes for the month of june. So much data, so much uncertainty, quite some time before we have a clear picture. Hopefully we do have a reconnection to what you are talking about, move b
Going to me on the phone is chuck grom, Gordon Haskett retail analyst. Joining me in new york is Lauren Goodwin, new york life multiasset per folio strategist, and Brooke Sutherland of bloomberg opinion. Give us a rundown of where walmart fell short. Brooke it was not great all the way around. The fourthquarter came in weaker than expected, and they called out unexpected softness in the weeks leading up to christmas, which is not what you want to hear from a major retailer. That is in line with what weve heard from a number of Different Companies that are not named amazon, which raises a lot of interesting questions about what the Competitive Landscape actually looks like. Also weighing on investors is the 2021 fiscal outlook, which was also weaker than expected on sales and profits. Alix the stock rating is heavy here in premarket. The bad news baked in. Is that is why is that why you have a buy rating here . Chuck weve had a buy rating for a while, not just here on the fourthquarter.
Industrialization in the postbellum u. S. , and the cultural history of Petroleum Use in the 20th century, and what it revealed about American Environmental ethics and precedents. He has examined industrial intensity during the civil war era, as well as the impact of modernism and landuse planning on the modern environmental movement. Professor black received his doctorate in american studies from the university of kansas in 1996. This evening, he will address how world war i informed the 20th centurys use of Energy Sources including petroleum, and the fuels enduring impact on our environment and climate today. Give a warm welcome to professor brian black. [applause] professor black thanks ,everyone. Thanks, everyone. Thank you for being hardcore audience to come out on an evening like this. Thank you, kamil, and everyone for putting together this program. I truly am impressed on a number of levels and i have not been to this facility, so i am impressed at that. I was part of a confere