Limited in that. I have to give my presentation and not go through the question and answer period, which frankly i would have rather almost flipped that because i think the question period is sometimes more significant. But i do appreciate this opportunity to speak to the council on competitiveness. Im hopeful ill have a chance to continue this dialogue. I think this conversation and this issue is the issue of our time. So what im going to talk about today is u. S. china relations and maintaining United States competitive edge. I think today there is a widespread understanding that addressing a rise in china is the great Foreign Policy challenge of our time. So, again, this could not be a more important time or a more important conversation. I believe we can and must retain our leadership and Global Competitive advantage by embracing those defining characteristics that have made america the leader of the free world. Our belief in the rule of law, checks and balances, free and open mark
Understanding that a businessman would have when hes about to the speaker the house will be in order. The prayer will be offered by the guest chaplain, ms. Verna teller, southern tiwa, pueblo of isleta, new mexico. The chaplain o creator and great mother, having asked and received your permission to invoke your blessings today to all directions, to the east, north, west, south and the center we thank you for the life you give to all your children, the two legged ones, the four legged, those who live in the waters and those who watch over us from the skies above. Sacred pollen, sacred earth mother, sacred water that man fests your desires, o creator and great mother, we thank them for the nourishment they give us equally with no regard to race, color, or creed. Creator and great mother, bless those standing before you who carry a sacred trust to all of us who inhabit turtle island, our homeland, and i pray today that you will give them the wisdom and the courage to carry out their sacre
Uncertainty with a general election on the horizon. A look at how the break negotiatioions are leaving businesses in britain in limbo. We begin in lebanon where the president has said the next cabinet should include ministers picked on skills and not on political affiliations. His speech coming as the companys banks open for the First Time Since nationwide protests began. The comments endorsing a demand for a technocratic government. Demonstrators say this speech did not go far enough. Reporter more from our in peru. In brute. In beirut. Is this a sign of life returning to normal . With this is a sign of the government trying to show normal life is returning to lebanon. Army aggressivelyy clearing roadblocks. They released a statement saying they would open the banks today because salaries were due yesterday. They asked that the lebanon people respond positively and understand the situation. There is a great fear of a run on the banks, of people going in and taking all of their money o
Road map begins with china trade concerns, retails biggest sales decline in seven months, corporate earnings in focus. B of a rallying on a beat, futures point to a muted open. Capitalism under fire a bit democratic president ial hopefuls square off and taking aim at big business and personal wealth. And billionaire marc benioff will join us at post nine. Well talk tech regulation, capitalism, ipos and who he is eyeing in the 2020 race. Stocks are on track for a modest open a day after the dow close the above 27 k for the first time in almost a month s p finished shy of 3,000. B of a beats the street with quarterly results. On the economic front, retail sales were down. 3 in september. Revisions were better. Gas stations down. 7 people say maybe this has to do with gas prices. Perhaps it does when i take a look at what is going on, if you read between the lines with bank of america, which is just a gigantic bank, gigantic consumer bank, talking about 5. 7 growth in Consumer Spending ye
U. S. And china are trying to temper some of the repercussions trade war is having. You can see euro stocks gaining 0. 6 . The yen is also a good litmus 7. 81and you can see one of 107. 81. Tomorrow, we also have the ecb to look out for. Coming up, we speak to the former u. S. Ambassador to the European Union. Dont miss that interview at 10 30 a. M. London time. We talk u. S. Foreignpolicy and brexit. Lets get straight to the first word news. U. S. Goods to be exempted from tariffs last year were announced by china at the top of the list are pharmaceuticals and lubricant oils. Beijing is seeking to ease the impact from the trade dispute without lifting charges on agricultural item like soybeans and pork. The ministry of finance says further rounds of exemption will be released. Morgan stanleys ceo warned against the fed cutting too easily but says he supports of the reductions made so far. He made the comments at the Columbia Business School in new york. I have supported the latest fed