Security u. S. National security and investment in submarine production and maintenance. This is held by the Senate Foreign Relations Committee. [inaudible conversations] [inaudible conversations] this hearing of the Senate Foreign Relations Committee will come to order. In march, President Biden stood alongside the leaders of the United Kingdom and australia to announce the agreement. A generational opportunity that will enhance u. S. National security interest by interests y transforming our alliances. Toot deterring aggression from the peoples republic of china fostering a more peaceful and stable indoic pacific. Beijing today has the Worlds Largest navy. Xi jinping hyper nationalist government has been laying claim to territory in international waters. They have built artificial buils for new operating basis with runways for military aircraft and ballistic missiles. At the same time they are aggressively trying to influence australia politics and civil society. Buying Critical Infr
with artists. for your one kernel it s clear that the art world is becoming ever more digital social media for instance our 1st unique opportunity as you couldn t be the social media satisfies a need for the exchange of ideas if you look at things like groups on the telegram messaging app or the clubhouse audiotape chat room but there is maybe a generational problem and innovation problem when it comes to organizers. so is the age of big international trade shows coming to an end sales plummeted last year the spring shows from 2021 have already been postponed organizers have had to improvise museums are also feeling the pinch especially in the u.s. sponsorship money is drying up some institutions have sold off or words to survive . kember collector have. i can back off and displays works from his collection at the hamburg. he used to do the rounds of the art fairs on the lookout for new works he s not a fan of virtual presentations. look at 250 works like a string of posts i
Currently down. We are still trying to figure out what the next leg for a lot of these markets is. Industrials are under pressure today. We are still trying to figure out the aftershock from the global selloff that we saw on tuesday and wednesday. The other thing that i am looking out for is the yuan, dropping the most since august of 2015. Some trade figures in china disappointed and of course it is boe day. Bloomberglso on to a fewnce. , we speak guests. Kaplan of the Federal Reserve bank of dallas joins us in an hour. A little bit later on we will be axeld by axa labor weber. Lets get straight to the bloomberg first word news. Societe generale has the estimates has Beat Estimates. It was expected to post a loss. The ceo of frances secondbiggest lender is upbeat. First of all, Fourth Quarter we did better. Decline. Very modest u. S. Senate leaders have announced a budget agreement that would provide nearly 300 billion in additional funding. Extend the plan would the National Debt to
Fuel extremism. Its a move likely to irritate china. A u. S. Naval aircraft or it visit vietnam in march, the first such port call since the vietnam war ended more than four decades ago. Defense secretary jim mattis and his vietnamese counterpart discussed the matter during mattis trip to hanoi. In the philippines experts warn that a volcano that has been directing for almost two weeks still appears to be swelling with magma under the surface. Thousands of people are staying in emergency shelters of the volcano continues to release streams of lava as high as 1500 feet. Officials are worried the eruption may last months, affecting the education, health him and livelihoods of people in the region. Global news, 24 hours a day, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. This is bloomberg. Scarlet live from bloomberg World Headquarters in new york julie live from bloomberg World Headquarters in new york, im julie hyman. Sca
Relationship. The compatibility of the dna troubles me. Youre an expert in molecular biology. I didnt even take it that far its just the whole idea. Lions and tigers dont go together. Frog thats this big how do you know . Structurally it makes it very difficult. I go back to the bee movie. I dont know if you saw when a woman fell in love with a bee with Jerry Seinfelds voice. That was not going to work. The husband was jealous and the woman was those cross species things dont work, as you know maybe you dont know. Lets get to our top story. The markets getting set for the opening act. Where did you grow up . Fridays jobs report is the big deal but today we get the adp employment report. This is the gauge of private payrolls expected to increase by 215,000 for the month of july. That is down from 237,000 hosted in june. Checking on u. S. Futures they suggest a positive open. S p by more than 4 and the nasdaq by more than 12. Jobs will be one of the many big topics well tackle later this