Is china backing up its growing power with economic and Political Coalition thats an accusation being leveled in australia europe and washington so is there a line between acting like a great power and taking things too far this is inside story. Hello and welcome to the program. I just strength by your time that famous phrase from chinas communist leader Deng Xiaoping governed its Foreign Policy for decades but not anymore and its current president xi jinping beijing has become an active some would say aggressive player on the global stage when china and pull imports from germany the official reason was african swine fever but it was also seen as a warning to the German Government to not join u. S. Pressure on china australias products were also blocked off officials there called for an investigation into beijings handling of the coronavirus and none of this is new namely a year ago u. S. Secretary of state mike pump accused china of using coercion as a state craft tall beijings Foreig
Could break 113 straight months of gains. Oil leads on both sides of the atlantic after President Trump says he has a key to resolving the standoff between saudi arabia and russia. Taylor i want to check on how the markets closed thursday. Todayseeing gains on trading session, reversing some of the losses we had previously. There is optimism. You had horrible initial jobless claims, 6 million which is double last weeks 3 million. Million the total to 10. The market is getting some certainty where they can start to quantify the magnitude and speed of the damage. The markets hate uncertainty. At least this data is starting to give us an indication of the economy. The market is using that as a point to rally off of. Within the futures market some of that is turning around. Futures markets have opened up in the last few minutes. We are talking a lot about oil in the introduction. We had an incredible tweet from the president which put oil up 22 and then today we opened up, erasing some of
Contamination issues and other problems but i think we have not been aware that there has been this systematic issue, a major change in the system that manufacturing and deliver pharmaceuticals. The implications of one country controlling the supply of medicine is astounding, no matter what state we are talking about. Think aboutng it. What if there is a Global Pandemic and it is hard tot loe move products across the world. What if there are heightenedns tensions within the South China Sea and everyone could be vulnerable and everyone could be put at risk. The role of the fda in this situation cannot be overstated because the fda cannot be effective in ensuring the safety of the medicines in the farflung regions of the world as a can at home. Many of us are not aware of the face to face contact that the fda has with those who are manufacturing our drugs. The inspections that they conduct, they are very handson and involved a major that the manufacture of drug can stay safe. They have s
Systematic issue a major change in the system for manufacturing and delivering pharmaceuticals. The implications of one country controlling the supply of medicine are astounding. No matter what country we may be talking about. Think about it, what if there is a Global Pandemic and its hard to move product across the world because of that . What if there are heightened tensions within the South China Sea, everyone can be vulnerable, everyone could be put at risk. The role of the fda in the situation cannot be overstated because the fda cannot be as effective in assuring the safety of our medicines and force long areas of the world as it can at home. Many of us are not aware of the facetoface contact that the fda has for those manufacturing our drugs. The inspections they conduct. The very handson work involved in making sure the manufacture of drugs is safe. They certainly set up offices all over the world to do that but that is not the same as having offices carrying manufacturing in y
Good afternoon everybody. I would like to begin by thanking my friend the Ranking Member for helping plan and hold this hearing today and i would like to thin thank the expert witnesses on the first panels. In the interest of time we are going to dispense with Opening Statements first of all thank you for this hearing. From the department of justice fbi Homeland Security as well as a separate panel of experts to speak about the Data Security threats in the nation. The title of this hearing in my view doesnt quite capture the nature and scope of the threats. Threat. The problem is bigger than beijing and broader than anyone in the industry. The nation faces an onslaught of cybercrime to b baby internet ce can be a co Complaint Center received 170,000 complaints leading to over 3. 5 billion in losses a 20 increase since just 2018. These threats come not just from criminals but from nation states russia, china, iran and north korea particularly have sanctioned Cyber Attacks against the en