U. S. Sanctions are an economic tool which in general terms show access to those named people or entities that pose a threat to u. S. National security. The exercise of u. S. Foreignty policy and National Security over the last decade. A favorite policy tool of this administration in particular. It the topic is also the subject of a report that we cowrote and we are releasing today. We will have seen that as you came in. The report includes findings of ours that came out of the workshop on signaling and deterrence of sanctions fun opdated either foundation. Bridging the gap with which it is succeeded in a leadership role. We have convened with the intenf achieving a better understanding of how the u. S. Administration and congress use sanctions for signaling and deterrence and gnoffer views and specific recommendations for how to improve the signaling and these instruments. Some of you may have seen over the weekend treasury secretary saying sanctions are, and im quoting, quoting, and
Good, or good afternoon, rather and welcome to this event on u. S. Sanctions and deterrence. Im elizabeth, and i direct the Economics Program here at the center for new american security. It is a pleasure to have you all here with us, todays session is an opportunity to speak about the deterrents and signaling effects of financial sanctions. And as many of you know well, u. S. Sanctions are an economic tool, which in general terms shut off access to the u. S. Financial system, to those named people or entities that pose a threat to u. S. National security. And the use of sanctions has been central to the exercise of u. S. Foreign policy and National Security over the last decade. And in fact, i would say as a favorite policy tool in this administration in particular. The topic of this is a report by jordan to my left which i cowrote and were releasing today, those of us who are seeing nus person will see that as you came in. And take a copy. The report includes findings that came out o
These are your markets. There seems to have been the u. S. Saying they will remove the threat in china, which is why we have seen a little bit of moves. Awaye exactly seven days from that election. Opec meets in vienna, brent crude at 62. 91. Moncler, really the stock of the day after that report that kering, the owner of gucci, was interested in buying moncler. They do jackets for the winter, skiing jackets now turned into fashion. That stock price has gained 9. 2 . Moncler at 42. 40 two. Coming up, we talk all things fx. It thing or two to say about the pound. We will also talk about emerging markets. Lets get straight to the bloomberg first word news in new york city. We begin with fiscal stimulus. Japans government pulling out all the stops. Tokyo announcing measures to support growth as the economy contends with an export slump and the fallout from the sales hike. We have learned the total package amounts and is expected to boost growth by 1. 4 . An unexpected hold in india. R. B.
Effectiveness of us communication with others, other republics and other countries. We have with us today im speaker will be assistant secretary of state and senior artificial in a euro of Public Affairs, and were glad you could joinus today. We look forward to this event. She joins the state department in every third 2018. But in the year later she became, she was already assistant secretary but took on the responsibility of the undersecretary ofstate. For Public Diplomacy and Public Affairs. Two of which were united under the nine, she has led one of the largest restructurings in 20 years so this is a very ambitious, interesting effort which is not created the bureau of Global Public affairs which she is the head. Welcome, she was Global Corporate Communications Senior Vice President for the waiver set of new york and she has also previously in washington worked for Newt Gingrich and as a lead member of his medications team. And communications survey. She holds a masters degree in po
Im nick spicer thanks for joining Us Saudi Arabia has temporarily halted Oil Production at 2 facilities after they were attacked by yemeni rebels iran back to the fighters say they used 10 drones in a strike which caused saudi arabias Oil Production to be cut in half one of the targets is the Worlds Largest Oil Processing plant in cake located east of the capital riyadh blazes also broke out in the countrys 2nd Largest Oil Field in her race the fires have been brought under control and there were no injuries reported. Porter ole al soccer has been following the story for us only tell me the saudis have cut production by about a half they say what does this mean for saudi arabia and for the world. Theres a saudi arabia is losing 6000000 barrels of crude oil a day to put that into context the world consumes more than 100000000 barrels so that is a large chunk saudi arabia is the biggest oil exporter in the world and well have to wait and see when the markets open on monday but this is li