Not want to see this Current Situation but it puts the responsibility at the foot of washington saying its also up to washington to now act to either withdraw its move to close the chinese consulate in texas old to create conditions from which this bilateral relationship can improve now we will waiting to hear which consulate would close there are 5 consulates located in Mainland China and we also have the embassy of course in beijing there was some chance that it could have been the 2 which is quite a small quantity but chung do it is a much more significant consulate located in the southwest of china it was founded in 1985 a just a few stops about 6 american officials at the time and 29 local stuff now there about 200 staff working at the consulate in chengdu including about 50 u. S. Officials there and they work in variety of areas commercial economic and its also considered quite an important listening post for the u. S. When it comes to issues around that and whats happening in sh
Save the skier. Hes identified as the 34 years old. His wife posted on social media about yesterday how much she loved him. Now, lets go play in the snow. Tonight skiers and snow borders are heartbroken and shaken. Really sad. That can be anybody. Been hearing a lot of people talk about it. I am glad that those missing people were found. When gough oyou go out in are that, it is important to watch snow falling around you. You know in areas where it looks unsettled like avoid those spots and you know just kind of know where you are and know your surroundings. Now the Sierra Avalanche Center listed the avalanche risk today at a three out of five. Thats a considerable risk. The combination of the wind and all the new snow created some dangerous and some considerably dangerous conditions. Along with the man who lost his life out here, another skier was also hot in that avalanche, he was seriously injured and was able to be rescued. He suffered serious injuries to the lower part of his body
Downgrading most advanced economies. You can see right there, these numbers 3 for the world, 2. 4 for the u. S. , 1. 2 for your area, 6. 1 for china. These are all down you see there from the prior forecast and also mostly except for japan down from last year. The imf saying in its report, Downside Risks elevated. Brexit related risk to hinder confidence and growth. Theyre down on this trade issue. Very quickly, they do see something of a moderation next here in 2020 we go back up to 3. 4 it isnt the advanced economies this get there theyre looking for a turn around in emerging markets and developing countries four things the imf notes needs to be done theyre saying International Response may be needed if things get worse from here. They say Monetary Policy cannot do it all. There is a financial risk created from low Interest Rates there. Fiscal measures to help with the slowdown along with structural reforms. Carl that is big news, steve were going to dissect a lot of that with the ea
Good Tuesday Morning welcome to squawk alley. I am Carl Quintanilla with Courtney Reagan at the New York Stock Exchange Morgan Brennan has the morning off. Jon fortt is live at the made by google event in new york with new hardware announcements expected more from jon on that in a moment we got s p 3 k, First Time Since september 19th we start with libra, down to 21 partners as seven founding members depart facebooks crypto association. Kevin delaney and michael ferda. Good to see you. This was quick the tepid announcements of support and poof why . You know, whats happening is that facebook wants to launch this currency which is basically a Payment System what theyve run into is sense that regulation would be aggressive parking l partners sent squish ee letters of intent and exercised their right to back out. Facebook says they have 180 partners they vetted but we have seen visa, master card, stripe, paypal drop out. Thats a big blow for some ambitions. Thats the important point. That
Satya nadella is wrapping up his keynote address at the companys build Developers Conference. The shares hitting alltime highs today. Steve kovach joins us from seattle with more. Steve . Reporter hey there, kelly. Yeah, were here at the tail end. Right now we have microsoft cto kevin scott on stage, giving a lot of demos of chatgpt 4. 0. That is, of course, the new language model that chatgpt, open ai launched last year, the one that lets you have these natural conversations. Were also looking, friend of your show, khan, from khan academy is on stage talking about the tudoring benefits. And this is really the big theme of this Developers Conference is giving developers these the latest and greatest tools to run on microsofts azure cloud, like i have been saying for so long. That is where microsoft sees the most financial benefit so far from all this Artificial Intelligence boon. These developers in the room, about 4,000 of them down stairs from where im sitting, theyre the ones who ar