Train to the big selloff on wall street. The dow dropping 362 points yesterday. Some of the biggest drops in the last two years. A lot of big earnings coming out. Facebook, microsoft and the Federal Reserve Meeting Results as well. Right now futures point to higher open. Dialup 78. Lauren investors with a close eye and Interest Rates a 10 year treasury help at the stock markets the past two days. It is about to. 7 right now. Cheryl in europe, and treasury recovery at the open right now. The ftse, cac are higher. Lauren nation with the nikkei nikkei japan following poignant down for six days in a row. The only green arrow in that screen is the hang seng in hong kong. Train to some more for apple. The Justice Department and the sbc launching investigations into the iphone slow down. Fbn am starts right now. Lauren three at five of 2 00 a. M. In new york. Wednesday, january 31st print last day of the month. Im lauren simonetti. Train to it as the morning after. Im cheryl casone. But his s
The Korea Foundation and the ambassador here to give some opening remarks. Before before i introduce them, is would like to say a few words about safety. We feel very secure in our building but we have a duty to prepare for any event. My name is lisa collins. Im a fellow and i will serve as your responsible Safety Officer for this event. Please follow my instructions should the need arise. Please also familiarize yourself with emergency exits in the back of the room on the right and on the left. Now to introduce our first two speakers, the investor is currently the president of international pretty with the deputy of state and the Deputy Assistant secretary for defense for asia and east Pacific Affairs in the office of defense. Is he has had a distinguished career in government and policy. He was south koreas ambassador to the oecd from 2013 until 2015. Investor lee has had a long esteemed career working in south koreas ministry of foreign affairs. They will give her marks first follow
So this is panel two. Thank you so much for coming. Take it away. Thank you ron and thanks to all of you for being here. My name is a. Im in policy studies at the American Enterprise institute. I work in tax policy labor markets. One of the areas ive recently been focusing on is paid family leave. As im listening to the conversation i think you know generally talking about paid leave and child care and how we reform the existing system in the u. S. Is very important to the conversation that we have here. Ive also written about the system of child care, the Child Tax Credit, the you know, the system of tax credits that we have and how much of it is queued toward people at the top. How people with the benefits doesnt go to the people with the lower income. This is part of a larger discussion how do we reform child care how to we make it more accessible to people at the bottom. The first panel was more about why we need these policies. Why are we even talking about universal child allowan
They were based on projects or other costs. We wanted to come as a policy based on principals. So the consensus was that should recognizing all families incur substantial costs when they are try to go raise children. Many families experience families. When we see 16 of children or whatever the latest government numbers are that mask the so a it ensures it is for all children regardless of your circumstances and regardless of, you know, life circumstances we argue it should be acceptable. While the current safety net has been very successful in reducing poverty among families are children tax benefits come once a year. The assistance comes often monthly. It can be used for targeted expenses. And then this is where we can have a lot more discussion about whether we were coming at it at the right level. We average based on some of the literature on the effects of income and Child Development that around 250 a month cash benefit which would be around 300,0 thousand dollars a year. We have
Writer of the atlantic, where she covers u. S. Politics. We are pleased to welcome her back to this program. Thisidents did president did speak today to coast guard graduates and said hes been treated worse and more unfairly than any politician in history. Thats right, in an apparently scripted commencement event. The president complained about the way he is being treated. Sourcesar and i think inside the white houses will to is this, he is angry, he lashing out, but he continues to see himself as the victim of an ,nfair process and unfair media unfair bureaucracy that he believes is out to get him even as he has more or less confirmed some of the most damning allegations against him. As we talk about potential shakers inside the white house. Thats right. There is so much uncertainty in the white house its very chaotic. Nobody on the staff knew this was coming and they dont know what the next shoot to drop will be. A new can of worms is open every day. Damageerred to it as control, but