Asked by xi jinping a couple of years ago why i was working so hard with your country. And i said, because were a pacific nation. he looked at me, and i said, yeah, were a pacific nation the United States. we are, and were going to stay that way. So, thank you. Thank you, everyone. Prime minister albanese absolutely. Thank you. [crosstalk by reporters] mr. President , on israel, will you respond to attacks on u. S. Troops in the region . Will you respond to attacks on u. S. Troops in the region, mr. President . President biden whoa, whoa, whoa well, youre going to get were going to have a press conference after this. Well be able to answer your questions. Thank you. President biden and the Prime Minister of australia reaffirmed their commitment to their alliance and discussed shared priorities for their countries. They also commented on the israelhamas war and security in the indo pacific region. This is just over 25 minutes. President biden the sun is over there. I dont need these. [l
President biden the sun is over there. I dont need these. [laughter. ] hello, folks. Mr. Prime minister, weve been in close touch since the moment you came into office please, sit down; im sorry since you came into office, and weve met all around the world. And now its wonderful to have you by my side here at the white house and as we advance our Alliance Even more more than its already been advanced. Its strong now; its getting stronger. Before i get to the progress australia and the United States have made today, i want to say just a very few words about the situation in the middle east. The anger, the hurt, the sense of outrage that the israeli people are feeling after the brutally inflicted devastation by hamas is completely understandable. Israel has the right and, i would add, responsibility to respond to the slaughter of their people. And we will ensure israel has what it needs to defend itself against these terrorists. Thats a guarantee. We also have to remember that hamas does
Commitment to upholding International Rules of the road, including freedom of navigation. Just this past week, the prc vessels acted as dangerously and unlawfully as our philippine friends conduct a routine mission in their own exclusive Economic Zone in the South China Sea. I want to be clear, i want to be very clear. The United States defense commitment to the philippines is ironclad. The United States Defense Agreement with the philippines is ironclad. Any attack on the filipino aircraft vessels, our mutual Defense Treaty with the philippines. And, mr. Prime minister, today we renewed our commitment to defend the values at the heart of this alliance, and we continue to stand as one to forge a Better Future for both of us and all the region. So i want to thank you again for being here. Thank you for your partnership, and your leadership in this critical moment. And id like to now turn it over to you. Well, thank you very much, mr. President. Australia and the United States have stood
Just this past week the prc vessels acted dangerously and unlawfully as our philippine friends conducted a Routine Resupply Mission in that your own, their own exclusive Economic Zone in the South China Sea. I want to be clear, very clear, the United States defense commitment to the philippines is iron clad, is iron clad. Any attack on the filipino Aircraft Vessels or armed forces will invoke the Mutual Defense Treaty with the philippines. And mr. Prime minister, today we renewed our commitment to defend the values that are at the heart of this alliance. And we continue to stand as one to forge a Better Future for both of us and all the region. So, i want to thank you again for being here. Thank you for your partnership and your leadership in this critical moment. And i would like to now turn it over to you. Well, thank you very much, mr. President. Australia and the United States have stood together for more than a century and it is indeed a great honor for me to stand alongside my fr
Congress. We are getting fox business Edward Lawrence in front of the camera to give us the up to the second news on president bidens latest comments on israel and whats happening with the hostages. If you see this 87point loss on the dow, turn your attention to the nasdaq. The loss is much bigger, down 308 points, 32. 33 . Thats investors 2. 33 . Alphabet plummets 9 plus percent right now, the stock on pace to lose more than 162 billion in market cap which would mark its largest oneday loss in value ever. This is all about weak cloud results in the parent of googles Earnings Report which came out after the bell last night. The stock is really acting like a dark cloud over the nasdaq. If the composite does close down 217 points, 6 points or more and, of course, yeah, we are definitely below that here, down 314 points, that will mean the nasdaq has officially entered a correction. Correction, of course, defined as a decline of 10 from the recent high. We will be talking about that. Inte