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CNBC Closing Bell July 13, 2024

Dire projections and devastation from covid19. Were down five basis points good lineup today well speak exclusively with the cfo of tyson as concerns mount about the safety of Meat Processing plants. Plus, Mike Novogratz will join us on what he makes of Warren Buffetts comments on the airlines and market, plus, well speak with tom steyer about the path forward for america specifically, he sits on californias task force to reopen the economy along with janet yellen and tim cook. Well start with breaking news from the treasury. Kayla has more from washington the Treasury Department says it expects to borrow just shy of 3 trillion in this quarter alone to fund the expenditures outlined in the cares act stimulus and also to off set the individual and Business Task revenue thats not coming this because of that delayed deadline to say this is a record amount is an understatement the last record that the treasury saw for borrowing was the quarter july through september 2008 the height of the

CSPAN2 Rosemary Gibson China Rx July 13, 2024

Good afternoon. Eyeing the dean of the Institute School of Public Health and im delighted to have everyone join us today for this discussion. We have the author of an incredibly important book here, rosemary gibson. Her book is the topic of a dramatic shift in where our madisons come from. China looks at the position as a pharmacy of the world. I think any of us in the Public Health profession have been unaware of the shift. We may notice on time but there are shortages and contamination issues and other problems but i think that it is we have not been aware there is a systematic issue, a major change in the system for manufacturing pharmaceuticals. The implications of one country and the supply of medicines were astounding no matter what country we may be talking about. Think about it. What if there is a Global Pandemic and its hard to lose products across the world. But if there are heightened tensions within the South China Sea. Everyone could be vulnerable and put at risk. The role

CSPAN2 Rosemary Gibson China Rx July 13, 2024

And delivering pharmaceuticals. The implications of one country are astounding, no matter what country we may be talking about. Think about it. What if theres 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 could 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 in farflung areas of the world as it can at home. Many of us are not aware of the facetoface contact that the fda has with those who are manufacturing our drugs. The inspections that they could duck, the very hands on work that is involved in making sure that the manufacturers of drugs is safe. They certainly set up offices all over the world to do that, but thats not the same as having offices having manufactured in your own country. And with the u. S. Losing manufacturing capacity, which

CSPAN2 Rosemary Gibson China Rx July 13, 2024

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

CSPAN2 Rosemary Gibson China Rx July 13, 2024

Issue, a major change in the system for manufacturing pharmaceuticals. The implications of one country and the supply of medicines were astounding no matter what country we may be talking about. Think about it. What if there is a Global Pandemic and its hard to lose products across the world. But if there are heightened tensions within the South China Sea. Everyone could be vulnerable and put at risk. The role of the fda in this situation cant be overstated because the fda cannot be as effective in assuring the safety of the medicines and areas of the world as it can at home. Many of us are not aware of the safe debate co facetoface contact that the fda has with those that are manufacturing our drugs, the inspections they conduct, the very handson work that is involved in making sure that the manufacturers drugs are safe. They certainly set up offices all over the world to do that and that is not the same as having offices, having manufacturers in your own country. And with the u. S. L

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