In dubai. F quite the riskon rally along these markets. Let me give you a rundown with stocks in the u. S. , with futures up. 7 as we speak, and this is given thee impressive climate. Monetary currencies are powering forward. Eurodollar trade at the highest since march 10. In terms of the bank space, we have the german10 year the german 10year, again, a lot of these haven bids. Barrel, you are looking at counterbalancing forces that are kicking in, even though they are revising their forecast to the plus side. Lets get to the first word news now and cross assets with leighann gerrans. Hi, leighann. Leighann good morning, yousef. Beijing is in a new position that drew a rebuke from china and added fresh uncertainty for businesses in the Financial Hub. Legislation,gned saying u. S. Officials responsible for cracking down on dissent in the city. Italy has set a course to nationalize controversial tollroad operator auto strata after all night talks on the politicallycharged issue. Taking t
Enclosures in the best way forward and handling payment disputes. This is two hours and 20 minutes [inaudible conversations] the committee on Health Education labor and will come to order. Senator murray has an important meeting right now and she has asked me to proceed with the hearing because we have six excellent witnesses and we want to make sure that we hear from each of you. We want the senators to have a chance to ask questions of each of these so patty should arrive around 10 lock. When she comes we will enter and let her make her Opening Statement and then we will resume the hearing. Good morning senator murphy. Nearly a year ago after brent james from the National Academy testified before the Senate Health committee with a startling statistic. Up 21 2 of what the American People spend on Health Care May be unnecessary. Let me repeat that. Up to half of the 3. 5 trillion the United States collectively spent on health care in 2017 was unnecessary according to dr. James and many
[inaudible conversations] the committee on Health Education and labor and pensions will come to order. Senator murray has an important meeting right now and she is asked me too proceed with the hearing because we have six excellent witnesses and we want to make sure we hear from each of you and we want the senators to has questions of each of you. So patty should arrive at about ten. When she comes we will interrupt and let her make her Opening Statement and we will resume the hearing. Good morning senator murphy. Nearly a year ago doctor brent james from the National Academy testify before Senate Health committee with a startling statistic up to one half of the American People spend on healthcare may be unnecessary. Let me repeat that, up to half of the 3. 5 trillion, the United States collectively spent on healthcare in 2017 was unnecessary according to doctor james and many of the other witnesses at our hearings agreed with that. That is 1. 8 trillion, three times as much as we spen
We will be active in payments services, congresswoman, and enable all of these people who dont have access modern Payment Systems to move their money around and have access to World Economy and will be in the payments business, as far as colibra wallet. Let in ask you another question on governance. In your open statement you said it would nothing be overpowered by facebook because you would only have one vote. So, in the world of banking, because in my mind its still banking, were dealing with a lot of banks who merged so lets sea with your one vote you would buy stripe or you would buy spotify. Would that now just give you the one vote or guff you more control . Because we know these things merge and get bought out all the time. So if you bought to the things would that give you more power. It would not, congresswoman, because in the way that the governance is currently structured no one entity can have more than one voice or one percent of the vote. So let me go to someone asked bit
Facebook has announced plans for a new Digital Currency, called libra. David marcus testified for the House Financial Services committee. The committee will come to order. The chair is often recess of the committee at any time. This is entitled based proposed crypto currency an impact on consumers, investors, and the American Financial system. I will now give an Opening Statement for five minutes. Today we are here for a hearing on its books proposed Digital Currency, libra, and digital wallet, and the impact on consumers, investors, and the Financial System. David marcus, following his testimony, a panel of experts will share their views on this book plans, is there are serious concerns about the creation of a Digital Currency and digital wallet to expand its reach, like mastercard, paypal, visa, uber reggie lyft rideshare, and specify. Is trying to create a new global fund to rival the us dollar this venture is slated to be based in switzerland, which has a history of creating a have