Good afternoon. The committee will come to order. The today the committee convenes for a hearing on the state of transportation and Critical Infrastructure examining the impact of the covid19 pandemic. I welcome our panel of witnesses and thank them for participating. Today we will hear from mr. John bazella, president and ceo, alliance for automotive innovation. Mr. Randy gill yot, chairman of the board, American Trucking associations. Mr. Ian jeffries, president and ceo association of american railroads. Mr. Alex oler, interim president and ceo interstate Natural Gas Association of america. And mr. Larry willis, president Transportation Trades Department aflcio. Thank you all for being here. I understand, mr. Gilliot is testifying remotely. Welcome to each and every one of you. The committee has conducted several oversight hearings on quid pro quo 19 including a comprehensive look at the aviation industry. We are considering the impact of the covid19 virus on surface transportation a
Points right now down more than 900 following yesterdays huge lerelief rally and that fear bleegd into the bond market. The ten year yield hitting a fresh record low breaking below 0. 9 . Thats a staggering move right now, at 0. 928, but it was lower than that earlier, we now have about 177 cases of coronavirus in the United States as the cdc begins to roll out more testing across the country. Washington state dealing with the largest outbreak so far. Cases doubling in new york well tell you how bad things could get as power lunch begins right now thanks, ty and im kelly evans. Were all over this virus volatility today our Team Coverage of this market sell off rolls on as coronavirus grip wall street once again. Bob pisani is track iing the action at the nyse for us. Rick santelli watching these amazing moves in the bond market meg with the latest on the outbreak and Steve Liesman digging into a potential credit crunch coming for corporate america. Bob, we start with you the debate has
Competition for gas in greece cyprus and israel sign a pipeline deal in the Eastern Mediterranean but turkey is also expanding its influence there so well still feel the rivalry and how is it shaping politics in the region this is inside story. Of their very warm welcome to the program im Julie Mcdonald worldwide demand for natural gas is growing and discoveries in the Eastern Mediterranean are changing that use policies on its Energy Supplies for decades its relied on russia for gas but israel greece and cyprus have signed off on a project for a pipeline that would lessen europes dependence on most school well the supply will connect israels offshore fields with europe and is expected to meet about 10 percent of the e. U. s demand for natural gas but that unites the 3 signatories in all positions at sarky and libya last month on korea and aaa agreed a new maritime boundary that they call their exclusive economic so they say this gives them full rights to exploit actual resorts in the
Competition for gas in greece cyprus and israel sign a pipeline deal in the Eastern Mediterranean but turkey is also expanding its influence there so well still feel the rivalry and how is it shaping politics in the region this is inside story. Of their very warm welcome to the program im Julie Mcdonald worldwide demand for natural gas is growing and discoveries in the Eastern Mediterranean are changing the use policies on its Energy Supplies for decades its relied on russia for gas but israel greece and cyprus have signed off on a project for a pipeline that would lessen europes dependence on most school well the supply will connect israels offshore fields with europe and is expected to meet about 10 percent of the e. U. s demand for natural gas but that unites the 3 signatories in all positions at sarky and libya last month on korea and aaa agreed a new maritime boundary that they call their exclusive economic so they say this gives them full rights to exploit actual resorts in the E
East germany shortly after the fall of the wall. The crowd clamors for the german unity journalist peter lim borg was at the scene. 13 years later he looks back on the title of dresden. Starts december 19th on w. The good of all we will force you german legislated already in new laws telling Fashion Companies to clean up the african supply chains of respect workers rights minimum wages unclip climate protection coal face harsh regulation. Saudi aramco shaz make this stock market did you ever recall its breaking initial Public Offering gave the company a valuation of 1800000000. 00. Prince mohammed bin saw money. The 1st stepping stone is all the whole saudi arabias oil reliance economy. As welcome to the Program Sustainable development is on the agenda at a summit of African Leaders in egypt the 1st ever asked one farm was opened by gyptian president. Also due to discuss Energy Security and how to help economies recover after conflict among the s. And ds is at the forum is nigerias pre