[applause] primary thank you so much and look forward to the discussion. Thank you and i want to thank everyone for coming back of the room is pretty full. Its really what everyone was waiting for you spent the whole morning here. Last night i went to sleep, i was thinking this event is set up perfectly, the sequencing of the panel first the director women will give us the percentage of gdp in which it becomes guns available. There will come in and tell us that night is falling for the last it is in order, the economy will collapse and this cannot both will in the afternoon and saved america and eventually have statues all around the country. The panels for those of you who did not quite go where i laid out and assume we are here to talk about how to raise taxes in the subpanel about policy not politics policy does not operate in a vacuum, its a political something of those work earlier today. I want to talk about ways in which we operate. Ill ask this way, why the reduction so hard, w
Initiative, the central strategy of chinas foreign policy, and they really prepared for this event for a very long time, the list of guests was carefully prepared, and not everyone who wanted even made it, and the fact that only the president s of hungary and serbia are present at this forum indicates that sidinpin oh these holidays did not want to hear criticism, yes, we see the geography is chosen very logically, these are chinas neighbors. These are the countries of asia, these are the countries of africa , latin america, russia arrived with a large delegation, if we can see, these are the heads of the ministry of finance, and the ministry of economic development, and the head of the central bank, and rzhd and a large group of businessmen. Obviously, there will be meetings with other heads of state, and it has been announced that xi jinping will indeed meet with putin tomorrow, maonnino, the spokeswoman, confirmed. The spokeswoman of the ministry of Foreign Affairs of the peoples re
New york city who is helping us to h great and educated guide fr teachers speeded you canan finih watching this if you go to our website at cspan. Org. We will live there to take your life to a conference on federal spending and debt. Current debt, which is around 100 of gdp is at a level we havent seen since world war ii and is a growing cause of concern. Tackling this problem presents a variety of challenges. Today were fortunate to have a group of very smart and accomplished people who are going to share their insights. Well get to hear a variety of perspectives. To do this, we have a mix of panels, discussions and speakers. Well hear about the economic and fiscal challenges caused by the debt. The impact of debt on invests and consumers, the roles played by Social Security. Approaches for analysting fiscal policies and finally a discussion of potential policy options. And a number of dimensions of the debt challenge. For our first panel we have two distinguished speakers, arguably
From the start of the session. Lets have a look at what is going on. Done. Ally is not average. The today it can go higher. We have the Shanghai Stock Exchange positive. A clear outperformance. This is what we have in the moment. Lets take a look at the here and now. Find out what is going on in singapore. Subdued. Ubdue mostly lower when it comes to sessions there. The deck one races to 10,000. Not look like it is helping in taiwan so far. Take a look at the big picture. Very much as crude focuses on a twoyear high. Taking a closer look, the end Holding Gains that we saw overnight. This is being thrown into the next. In tokyo, we have pharma falling by the most since 2011. Is president of the company to hold a press conference at 10 30 a. M. Local time in what you take a look for the sox, your seating Trading Volume over a hundred percent over the 20 day average. It is a good day for other companies to show you. Are as we head towards the china , thanks. Levelhas raised its alert afte
, one of the three softer currencies against the dollar. I wanted to follow the tech selloff. Nasdaq futures are down again. 7 . We have seen that industry continue. Lets get an update and wants making headlines. Emma chandra is here. Am it there is a turn in the tax bill debate and Republican Leaders are scrambling to save the bill. Mitch mcconnell sent lawmakers home last night. They are looking to offset the cost of the measure. While republicans are asking the tax cut not drive up the nations debt. The price of oil is rising after opec will keep production curbs in place. Libya and nigeria have joined the agreement. Opec and allies like russia are trying to reduce global stockpiles. Oil prices are up 20 since september. Parties on both sides of the irish border issued are refusing to compromise. They are trying to deal with the hard border. The eu will not let trade talks continue until there is an agreement. Global news 24 hours a day powered by more than 2600 journalists and anal