Debts are about 700,000. The Trump Administration dabs up its attack on chinese tech. Mike pompeo wants to cut ties well beyond just a campaign against tiktok. Alert on start with an the bloomberg. South korea announcing its surplus widening to 6. 88 billion. This is a recovery from the 2 billion level we saw in the previous month and recovery after logging a deficit in april. When it comes to the trade surplus, widening to 5. 867 billion. We have seen south korean exports slump, slowing in july. We are seeing an economic recovery in china and demand for semiconductors. Lets turn to Sophie Kamaruddin in hong kong for a check of the markets. What should we be watching out for in south korea today . Sophie we have more data coming out. Tourism revenue falling for a fifth consecutive month so the focus will be on the consumer sector. Of o have the likes reporting earnings. Consumer sentiment has rebounded for a third month in south korea and online spending will continue to be key as the
Free and fair vote. We are holding this hearing and we engage regularly with social Media Companies because they are best positioned to sound the alarm if and when another external actor attempts to interfere. First, because their technical capacity and security background and allows them to protect malicious activity on their platforms, and make attributions to technical indicators that are available only to the companies themselves. And second, because we cannot have complete confidence that the white house will allow the Intelligence Community to look fully and properly inform congress, if there is a foreign interference, especially if the interference appears to assist the president s reelection. That is a dangerous state of affairs, but nonetheless it reflects the reality and why theres hearing is so important. Witnesses, as you described, a lot has changed. In many ways we are better prepared today than we were four years ago. Each of your companies have taken significant steps a
The head of Cyber Security policy also addressed the recent decision to remove an ad for President Trump that included a nazi symbol. This is two hours. Memberst to thank our and supporting staff for helping possible. Ndays event without objection, the chair recess aty declare any time. Before we talk about merging trends, howerging to address some housekeeping matters. First, todays session will be conducted entirely on an unclassified basis. All participants should refrain from classifying any the committee is conducting this in compliance with House Resolution 965 and a Remote Committee proceeding. It is being broadcast live on the website. Like many of you, i would have prefer to hold this in washington dc but because the covid19 pandemic remains serious and widespread, there proceeding remotely to ensure the safety of our witnesses, members, staff and public. Todays important conversation is essential to our oversight of the intelligence how the Intelligence Committee is keeping t
Conducting this virtual hearing and compliance with house thelution 965 and regulations for Remote Committee proceedings. This being broadcast live on the website. Wouldve of you, i preferred to hold this meeting in person in washington, d. C. , however, because of the threat are proceeding remotely an order to ensure the safety of our witnesses in the public. Todays important conversation is essential to our oversight of how the Intelligence Committee and nation are working to keep our elections are political discourse from foreign interference. I had hoped it would be a bipartisan discussion. , without reason or justification, our republican colleagues once again have decided to absent themselves from the work of the committee. They willy hope that reconsider this path and join us for future hearings. These hearings and supplemental are integral to our responsibilities in the classified and unclassified row. Pandemic or no pandemic, the American People have a right to expect us to do
Flat for 2020 as tech continues to lead the gains. Financials and utilities amongst the worst performers today coming up on todays show, we will speak exclusively with sap ceo Christian Klein about his companys efforts to develop a coronavirus Contact Tracing app and what hes hearing from customers about the state of local business and the earnings reports will come fast and furiously this afternoon highlighted by lyft, grub hub, tmobile and well speak with tmobile Ceo Mike Sievert ahead of his companys Conference Calls just after numbers cross. The big stories we are watching, mike santoli following the volatile trading action, Steve Liesman with a look at the economy and another sobering jobs number today, and deirdre bosa is covering uber and lyft mike, start us off the s p struggling to stay in this zone for the past few weeks. This is a oneyear march its flattened out since april is it resting, rolling over . Its a bit of a standoff i think people are saying right now its preserve