Exercises with then any other nation in the capacity for good cyber part of, if you thought about someone you would want is a cyber partner, india would be a fantastic cyber partner. There is a lot in that space. Well be caring for that discussion in that hearing room in a matter of minutes. But jamal ill take a few questions. [applause]. Let me start im going to cheat a column my boss, because since i know this is dear to his heart, he and i fight about this all the time. First, that was a superb speech, thank you for doing that. Let me ask rather, the hardest part we see is how do we get congress to get an integrated view on an issue that cuts across all of the committees, i think the hardest thing is we have seen efforts by different committees about the stovepipe nature and it seems to be blocking us getting an integrated view. What can we do about that . Thats a great question and youre going to have panelist asked them that same question to because i want to hear what they say. T
Agencys i. T. System doing cybersecurity and also doing password restoration. Kind of and against them you had the Peoples Liberation army. So it wasnt entirely a fair fight. Sought idea of managed services is good but its easier to say than to do. So in talking to people in the government they say, well, theres networks, theres email, theres the application thats are running. What is it youre going to be managing . What is it youre going to move to . Then theres the question of who is it thats going to manage the services . Do you go to commercial contractors the way gsa does it now . Do you have it be a Central Agency like dhs . I dont know if you want to talk about managed services. If this works, it and the budget will profoundly change how the federal government does Cyber Security. Ill stress at this point the way if. So i dont know who wants to go first. Ill take a first stab. I think the answer to your question depends on the answer of who. Commercial. Is it another agency . Is
Imf decided to take a viewpoint on france. They downgraded the growth. French banks are all lower this morning along with renault. Factory orders are low. We have a little bit of news. We are waiting for the stock market to open. 2014, there is going to be a loss of 1. 6 billion. Why . It is down to hungary and romania. 40 higher provisions than anticipated. 2. 4 billion euros. They are writing down the values of the romanian businesses. Gold. The reason why i put gold is because we have traders that are the most bearish in four weeks. We do a Bloomberg Survey every week. Gold after allon of the data that we had yesterday. Nonpharm payrolls. 1. 3 . Pped 2 . Jet up can you get on the seat every time a jet takes off. 92 . That is up from just under the 90 level in the past 12 months. 63. 4 company carried million passengers. In currencies. You have the swedish kroner. They surprised by cutting their 50 basis points. One dominant theme. Where does the dollar go next . After those unemploy
Nasdaq at 4,612. Trouble in russia. Russian stocks getting slammed. The ruble falling versus the dollar yet again. What is putins next move . Could there be another Russian Revolution . The former u. S. Ambassador to moscow will be with us. Oil shocker, which is at the root of russias trouble. Are we near a bottom. It was lower earlier. It rallied back just a bit right now. To sue at the nyse. And stocks are on a tear this hour despite fears about russia and its collapse in currency. Come on in, bob pisani. You and i both said it the same time a couple of seconds ago this is one of the weirdest days that i can remember in a long time. Screwy is the way i would describe it. Volatility has been amazing today. The market cant describe what it wants to do. It is volatile. We have the oil up and down. It doesnt know where it is going. We have uncertainty with russia. We have a meeting. Traditionally the markets are up the day before an announcement. We have a quadruple exploreration. Let me
A blowout session in shanghai overnight. Best single day gain in more than three years on a pretty decent pmi. Europe has also been a blend of red and green as the ft names ecb chief the person of the year. Were going to kick off with breaking news. For that would, we go to david faber. News on best buy, in the news yesterday. The stock up sharply. What we can tell you right now is the board of directors of best buy, and its founder, richard schultz, has been trying to put together a group to essentially buy the company in a go private transaction, have extended the deadline in which he would need to come with a bid for best buy and created a window in fact that will begin on february 1st next year and end with the end of that month on february the 28th. Giving schultz the opportunity to look at not Just Christmas sales, but the end of their fiscal year, which will end at best buy on the 31st of january. And that window, again, will be 28 days long giving him an opportunity to continue