Ease some of the Capital Buffers as well, potentially some of the u. S. Banks. We know again this is not a financial crisis, this is more of an exhaustion us shock. So letting the banks perhaps ease up on some of these roles to make sure they can get loans out to people who need them, certainly perhaps a smart idea. Ofncine yeah, i think a lot policymakers are just worried over what is essentially a Health Crisis that will turn into a financial crisis as they are trying to give loans and credit to Small Businesses that need it. I am looking forward to an interview with the treasury people in charge in the u. K. About the stimulus they put out yesterday lets get to first word news in new york city with viviana hurtado. Viviana we begin with the Trump Administration pushing a one point 2 trillion stimulus plan. This to counter the Economic Impact of coronavirus. Bloomberg has learned americans could get direct payment of 1000 or more within two weeks. A month later, a second set of check
So now id like to turn over the floor to the people that are going to make that happen today, ask the tough questions, give us some answers. And id like to thank you everyone today for joining us today and hand over to tom bright from abrookings who is going to chair the panel on the economy and europes future. So, thank you. And thank you, again, everybody for joining us. Thank you. Im a fellow here with the International Order and strategy at brookings. And im particularly delighted to be able to chair the first panel. Id like to thank fionna and Jeremy Shapiro for asking me to do it. And its a particular privilege to do it at a conference in honor of clara who i knew for the past two years here, was really a wonderful colleague. And shes sorely missed. And i know several people here knew her and on the panel. I think she would be very interested in the topic today. Not just because of the events in ukraine, but also because she has such a strong passion for European Union Foreign Po
Sea and redeployed for a Paratrooper Division is to poland for training and exercises this week the president announced a new commitment to reassure the European Security for the 1 billion fund that would allow us to keep equipment in europe and expand exercise of trading and to expand personnel to continuously rotate and increase assistance to ukraine moldova and georgia. It is vital day not be engaged alone and taken steps to encourage the partners to do the same to take part of deployment and irritation and we expect we can say all 28 members of nato participated. Then by the nato summit respect to see steps to reverse the decline that has characterizedny5b the alliance in recent years. So where do we go from here . First it is very important we get a grip to resolve the situation in eastern ukraine. And actively targeting and killing Ukrainian Security forces. You cannot have it both ways on the one hand take steps to deal escalate the crisis but at the same time under the surface
[gunshots] [whispering] [intrumental of bring him home miserables] bring himal of miserables]es never again. Even before the war is over, the delegates from 50 nations meet in San Francisco to lay the framework of addressing all conflicts in the future. Of idea of european unity fallout of the rejection of war. Held in theress is hague. It is the beginning of a long and difficult progress to begin the year to bring the european nations together. A new europe, based on the values of democracy, begins to take shape. Europe will not be made all at once or according to a single plan. It will be built through concrete achievements. It will reflect solidarity. 1957 the treaty of rome in to joy, instrumental] [applause] 70 years later, yesterdays enemies are together once again, handinhand for the remembrance through the ceremony. [applause] as they join hands here before you, let there be peace their gesture of peace is a gesture for the future. They invite us to echo it where the spirit of
Second, we would support ukraine to build support for ukraine in the International Community, and reassure our allies and partners, and let me spend a few minutes on those. With regards to russia, the goals were simple and straightforward. We needed to impose costs for the actions russia had taken. We saw to deter russia from taking further irresponsible actions, and we hoped to shape the decision space that Vladimir Putin and the russian government would take going forward. You all know the litany of things that happened in the immediate weeks following the incursion into crimea. There was the suspension from the g8, the efforts in the United Nations to isolate russia politically, and we saw that with the very significant vote withe security council, china even abstaining and not siding with russia, and then with the general assembly, where russia found itself with another 10 countries, none of whom i think would be partners of first choice for us in this room. We rejected the referen