Thank you for being with us, or being near us, at least in the technology since. I welcome all of you to todays hearing that weve entitled, examining the response to the covid19 pandemic. The subcommittee at the sound of the gavel will come to order. As the nation continues to fight the unprecedented Public Health crisis, americans worked to protect against further spread of the virus while trying to maintain a certain degree of normalcy, including maintaining a job and earning a paycheck. There is not a corner of the u. S. Economy that has not felt the impact of the pandemic todays discussion will talk about the harmful effects on the Manufacturing Sector. During this pandemic, many in the Manufacturing Community have adapted their operations to help provide products needed to prevent the spread of the virus. Distributionlesale company that pivoted to manufacturing face masks in response to a dire National Supply shortage, or a cartridge printer Manufacturing Company switching to hand
I have the pleasure today of moderating this conversation between two outstanding policymakers and scholars. And the us china relationship. And working in the Defense Department and mongolia and the commissioner congressionally mandated Security Review Commission and the author of a terrific new book which is called the china nightmare. And we will be talking about it with him and with retired Lieutenant General hr mcmaster. And a reputation and military service one of those adaptive mines in the American Military i am delighted to have both of them here with us today. I am sorry neglected to say hr is also the author of a new book called battleground. Thank you both for making time for china policy. Thank you very much thank you for your leadership at aei and mr. Mcmaster for joining us. And to have reshaped china policy last few years. I am very thankful as we all are for doing that. The china nightmare, what does my book mean by that . China certainly has grand ambitions and power b
The start of the week, a huge. Otation towards value the s p up by 0. 6 . The pound is positive. The departure of dominic ,ummings at 10 downing street going at the end of the year, setting up expeditions that may be a brexit reset and a deal as possible. Interestingly enough, we are seeing a continuing move in what we are seeing in the bond market. Bonds are bid today. He was there moving back down, unsurprising and what we heard from Christine Lagarde yesterday. More broadly, the virus definitely back in charge. The vaccine news at the beginning of the week, the virus news at the end of the week. Alix such a great way of framing that. Lets break down the virus issues more. The global coronavirus case is now topping 52. 9 million, deaths climbing to 1. 3 million. Focus is on europe and how it is addressing the virus. Joining us is Bloomberg Opinion columnist ferdinando juliano. The story in the u. S. Is that you guys are doing targeted lockdowns, and it is working, and the cases are l
Distributed, how will be it done. All of this at a time were hearing about four 45 minutes from now president elect biden and Kamala Harris will detail their own economic plan. What theyre calling their Building Back better plan. I dont know what that means but they have got a lot of union heads there as well as the chairman of gm, the chairman of microsoft, the head of target. Again, virtually, if not in person. So well be monitoring that. When that comes up about an hour 45 minutes from now. Meantime more on this excitement around moderna and what it poses to offer right here. Jackie deangelis own that. Jackie. Reporter good afternoon to you, neil. The vaccine news certainly fueling the markets today. 94. 5 efficacy. That is what moderna is saying. We had excitement from pfizer and biontech last week. The market is saying we would expected or less efficacy. This is a really important number. People are wondering what happens next. How do i actually get the virus, excuse me, the vacci
Low. G20 leaders call for equitable access to Covid Vaccines and commit to supporting the economy with host saudi arabia handling the stimulus measures taken by governments so far we injected over 11 trillion into the Global Economy to support businesses and protect individuals livelihoods this is an unprecedented g20 economic stimulus. And president elect joe biden prepares to name his cabinet picks tomorrow with nbc learning veteran diplomat Anthony Blinken is the frontrunner for secretary of state. Well, good morning, everybody and welcome to street signs. We have some big news for this monday morning yet another breakthrough when it comes to vaccines. Its been the third monday in a row that we get some big news on that front and today the results from astrazeneca and oxford yet again proved to be positive showing efficacy rate of up to 90 thats giving a boost to market sentiment. Theres a lot of green on the board. Yet some more positive data coming out on the vaccination space and