You see candidates in both parties talking more and more about the challenge of income inequality and the lack of opportunity, and the concern that people have in the middle class that theyre slipping out of the middle class. And certainly the concern that so many have who have not yet reached the middle class that it may be out of reach. These issues have now found their moment. And this conversation, done right, is going to lead us somewhere better. This conversation, if its prosecuted properly, will lead to actual substantive changes of the types that the secretaries were talking about, that will affect our work daytoday. But i think, for us, the price of admission is, we have to demand that this be the core of the debate Going Forward. And i think we have extraordinary legitimacy in this discussion as mayors. I think that the those who seek higher office, federal office, all over this country need to be asked at the beginning of each election and throughout how they will address in
Climate change. That is the major challenge of the 21st century. Time is past where humankind thought it could selfishly draw on inexhaustible resources. We know now the world is not a commodity, it is not a source of revenue. It is a common good, it is our heritage. The consequences of Climate Change are fully known now. Were not talking about theories anymore. Were talking about certainties. If nothing is done, then we are talking about increasing temperatures for degrees by the end of the century. A need to stay below the threshold of two degrees. We are also fully aware of the consequences. It would mean we would certainly see the disappearance of many island states in the indian ocean and the pacific, and huge damage to the coastlines of all continents. The 25 cities that in 2015 had more than 10 million inhabitants 19 are located on the coastline. A huge number of individuals are directly threatened by the consequences of global warming. You can imagine the huge consequences that
Ignorant, i think. And i want to add to that. My colleague had said change is no the a valid Foreign Policy doctrine. Hope and policy is not going to guide us to anywhere positive or successful. Thank you. First of all, i think the panel is excellent. Thank you very much. Its a reflection, i think, certainly of my views and i think the assessment of many here the policy and why its misguided and illadvised. My question is a practical one. Considering it is the policy now and i think the ambassador talked about what the president should do with respect to foreign leaders. Im not holding my breath. I dont think he will do that because the policy already reflects i think a fundamental misunderstanding of the realities of cuba. So from a practical stand poicht and ill count myself as not in the obama camp. We have a republican majority. Im a republican, for the record in congress. What he can what can we do for the next two years knowing the reality is around the edges we can do certain th
Lenders. I think thats something that id like to talk a little bit about here today because members of our military have to resort to financing from these predatory lenders all too often. We know military Service Members are three times more likely than civilians to use predatory payday loans that charge exorbitant rates. Thats three times the civilians use. The military families carry 10,000 or more in Credit Card Debt compared to 16 for civilian frames. 10 of military families carry more than 20,000 in debt compared to just 7 of the civilian families, and more than half of military Service Members are not saving for the future and have trouble paying their monthly bills. Thats why this morning, i reintroduced my military savings act which is legislation i previously introduced in the house of representatives, and the bill would promote Savings Rates among military Service Members and decrease their need to turn to predatory payday lenders in times of financial crisis. The bill establ
Longstanding relationship between ferrari and formula one may be in jeopardy. Megan hughes reports congress is looking at highfrequency trading. We begin with a bloomberg exclusive, oracle close to a deal to buy a Software Provider for more than 5 billion. Thanks for your time today. A bit ofk the deal is a surprise. I have been talking to some analysts since we reported the micros was not one of the top candidates to be bought from oracle, from the people i spoke to. Oracle has had trouble getting into the Cloud Services businesses. Some people thought they would company, andased this is one that works with hotels and various different retailers. Oracle owns several Companies Like this already, and yet, they are moving further into this business. The other thing is, with my gross, a lot of people own the stock and were short, so a lot were betting against it. It rose on our story. What is the goal here for Larry Ellison . Salesrters of sluggish growth for oracle. Is this something he