[inaudible conversations] good afternoon everyone and welcome. E. This is a joint hearing of two subcommittees a committee on oversight and accountability. The subcommittee i chair the subcommittee on Cybersecurity Information Technology and government innovation at the others a subcommittee on Economic Growth and Energy Policy and regulatoryh, affairs. Its chaired by my esteemed colleague from texas. We will have Opening Statements from the chairng and Ranking Member of both subcommittees. Thats a total of four Opening Statements so ill keep mine brief. Cybersecurity has beenor a major focus of power since i became the subcommittee chair and im concerned that we are not prepared for the increased sophisticated cyberattacks that will be fueled by ai. Businesses and Government Entities in my district and across the country cafe cyberattacks and were forced to pay a huge sum of money and ransom for the federal government itself sets of data tens of millions of dollars its decades older t
In the Senate Chamber at about 8 30 p. M. And walk over to the house for President Trumps first state of the Union Address. Tomorrow, republican senators join their house colleagues for a threeday policy retreat. The president pro tempore the senate will come to order. The chaplain, dr. Barry black, will lead the senate in prayer. The chaplain let us pray. Almighty god, the earth belongs to you and everything in it. And even when wrong seems overwhelming, you continue to rule. Create in our lawmakers a hunger and thirst for integrity and honesty. Give them pure hearts and truthful lips, accompanied by a passion to glorify you. Provide them the wisdom to live for the honor of your name, as they remember they are your ambassadors. May they look to you for help, knowing that you surround them with the shield of your favor. We pray in your holy name. Amen. The president pro tempore please join me in reciting the pledge of allegiance to our flag. I pledge allegiance to the flag of the Unite
Happy friday to you. A couple of days now from apples big event. The company is expected to launch a new smaller iphone and ipad. John forte is going to be there. Many of apples top engineers may quit rather than help the fbi if it wins the case against apple. If youre looking for them to stick around and help write this code, they said good luck with that. Is that true . Yeah. Oh yeah. I dont think theyll do it. This isnt north korea. They dont have to build things that they dont want to build so these people have lots of job offers elsewhere and i think probably apple backs them in this. If they don want to build it, they wont build it. Even actually theyll get someone to build it. And maybe some of them agree with the government and will do it. But i think youre not going to make them do it. The problem is these are the people that build the operating Southern Land and if they quit who is going to build ios 10 or io s11 . Its a bit of an operating challenge at the same time. What th
Rocked northeastern japan. Authorities say theres no major damage but warn another tremor may hit within days. South koreas intelligence Officials Say north koreas defense chief may have been executed for treason. The move follows the purge. Officials from the National Intelligence service gave the update on twoed a Parliamentary Committee in seoul. They say minister of Peoples Armed forces Hyon Yong Choi was shot to death at a firing range in the capital late last month. They suspect he was executed after not obeying kim jongun and expressing his dissatisfaction. He visited moscow shortly before his death. He held talks with his russian counterparts. The former chief became the countrys defense chief last year. Kim has reportedly ordered several executions including his uncle in december 2013. He was considered to be second in power in the north. Officials in seoul say the execution was carried out without a decision by the Political Bureau of the Union Workers party of korea or court
Behind a drop in revenue last quarter. And the Prime Minister has replaced his long standing finance minister with a political unknown, but does it change the Investment Climate . Well hear from the former Prime Minister. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. Hello. Welcome to the show. We kick off with the latest data out of europe. The market eurozone pmi is coming in weaker than expected. The flash number, 51. 5. It was 51. 9 in october and investors expected it to tick up slightly to 52. Divergence between germany and france. The german composite numbered ticked up to 54. 3. The french number, im afraid, ticks down. French services at a fourmonth low, manufacturing at a sixmonth low and the composite, 48. 5, 50. 5 in october. We saw in the Second Quarter. Negative growth for france and now we are getting contracting activity, as well. Chris williamson is global chief economist at market that helps compile these numbers and jo