Of people here you dont know we saw. Good evening life marty internationals world views h. Q. Here in moscow my names kevin owen delighted to be here with you for the next 30 minutes to report the news reported from russia tonight and sadly its going to be coronavirus top of the headlines i think for a while yet to various rump occasions from the u. S. Stocks have risen slightly this friday after several wall street indices suffered their worst shocks in decades over fears the coronavirus pandemic is tipping the world towards recession that comes after the Federal Reserve pledged to inject 1. 00 trillion dollars into the markets to try to ease the current strain on thursday the Dow Jones Industrial average fell 10 percent in a single day marking therefore the biggest decline since black friday in 1087 other major american indices also closed significantly donald trump gave a Rare Oval Office address to the nation but failed to come investors nervous as it turns out about the economic d
Coronavirus negatively impacted travel and tourism and that while Manufacturing Activity expanded in most regions, some supply chain delays were reported due to coronavirus. In cleveland specifically firms noted weaker demand because of the 737 max production stoppage and concern over the coronavirus impacting supply chains. In boston one retailer said inventory levels were being impacted by the virus, which slowed production at some cheese manufacturing plants also in cleveland a number of manufacturers reported weaker demand from china weighing on Commodity Prices in st. Louis contacts were concerned about what impact the coronavirus will have on Commodity Prices and agricultural purchases several districts said producers feared further disruptions in the further weeks. In richmond there were concerns about coronavirus lowering imports of inputs and retail goods from china in the coming months only the chicago district noted little affect to date from the virus. Now, employment incre
Perspectives to current issues. The center itself is strictly nonpartisan. The purpose of the program is not to advocate for any particular policy, but provide Historical Context to help inform policymakers and the public as they deal with difficult issues. Thank or acknowledge the Financial Support of the Mellon Foundation which makes this series possible. I also want to thank Rachel Wheatley in the back of the room who is our assistant director and helped organize this. I want think the i want to think the office of gerry connolly, and i want to alert you to the fact that you will have index cards on your chairs. This is for questions. As the presenters are speaking, feel free to jot down questions, they will get formal remarks in the first hour, and the second half hour will be devoted to q and a. We will go from there. Thank you offer coming. This the rest of it is in the flyer. I worked briefly with the Congressional Research service. A little longer with the department of energy.
Every single stratagem theyve tried to use against this president and im not im not carrying water for trump here but every single stratagem they have used to tear this presidency down is only made him stronger now as Alex Christopher just said you know this rush to impeachment and. Right there the line you back off i mean there is a possibility that those articles of impeachment may never be delivered to the senate and on top of that nancy pelosi were watching the process in congress after all shes the speaker with gary nabel or and adam schiff how they played. Their own very biased game nancy pelosi now wants to control the game in the senate that is that is unheard of and of course the senate isnt going to react well i think theyre drunk himself whole film made mistakes which made these pathetic situation possible you know i tend to agree with. Stephanie cohen Stephen Cohen who basically said they have. Felt you know these rushing to you gave things directed against him strategy was
What we are doing here and why were doing it. This is part of an ongoing series sponsored by the center that brings Historical Perspectives to current issues. The center itself is strictly nonpartisan. The purpose of the program is not to advocate for any particular policies, but in fact to provide sort of Historical Context to help inform policy makers and the public as they deal with difficult issues. I want to thank or acknowledge the Financial Support of the mellon foundation, which makes this briefing series possible. I want to thank rachel wheatly in the back of the room who is our assistant director and has helped to organize this. I want to thank the office of jerry connelly. I also want to alert you to the fact you have index cards on your chairs. This is for questions. As the presenters are speaking, feel free to jot down questions. Well collect them. Theyll give formal remarks in the first half hour and the second half hour will be devoted to q a. Well go from there. Thank y