Normalize relations between isra and the arab nations. Also middle east policy goals for t Biden Administration challenges posed by irannd the israelipalestinian conflict. Ladies and gentlemen, please welcome David Rubenstein come present of the Economic Club of washington, d. C. Welcome everyone, to our ninth virtual signature event of our 35th 35th season but its really not completely virtual because for the First Time Since covid has hit we are actually having live guests here today and its because its a special program and i want to thank our live guests for coming in at participating and a unique programor us because we have been doing everything virtual for almost nine months now i guess it is but our guests are here to talk out something very special, the Abraham Accords which assigned at the white house on september 15 with hea of each of these countries as well as President Trump eating there as the official host. Let me introduce our guess and i will make some announcemen aft
For years. Sometimes and less sunny climes to bring this day and i thank each and every one of you thank you. Ladies and gentlemen mr president this day is a pivot of history it heralds a new dawn of peace for thousands of years the jewish people have prayed for peace for decades the jewish state as prayed for peace and this is why today we are filled with such profound gratitude im grateful to you President Trump for your decisive leadership you have unequivocally stood by israels side. You have boldly confronted the tyrants of tehran youve proposed a realistic vision for peace between israel and the palestinians and you have successfully brokered this storage peace that we are signing today a peace that has broad support in israel in america in the middle east indeed in the entire world im grateful to crown prince muhammad bin side of the United Arab Emirates and to you foreign minister abdullah bin. I thank you both for your wise leadership and for working with the United States and
Russian Opposition Leader is pictured sitting up with his family and says hes pretty think. Im filled welcome to the program the u. S. President Donald Trumps presiding over a ceremony to mark the normalization of relations between 2 gulf arab states and israel leaders of the United Arab Emirates and join the president time to try to Prime Minister Benjamin Netanyahu at the white house but he will sign a formal agreements the president is speaking in. Live together pray together and dream together side by side in Harmony Community in peace once again let me congratulate the people of israel the people of the United Arab Emirates and the people of the kingdom of bahrain. God bless you all this is an incredible day for the world this is a really wonderful and beautiful occasion i want to thank all of the members of congress for being here senators congressman congresswoman we just appreciate it so much everybody wanted to be here its a very important day for the world its a very importan
Time for europe to come up with a new resettlement policy. Locked up for daring to protest against the better russian president we meet the women now determined to carry on their fight. Plus facing trial for marking a massacre some of hong kongs most prominent prodemocracy activists appear in course of a tenement square memorial. Its been described as a betrayal by the palestinians but is being trumpeted by the white house the United Arab Emirates and bahrain are about to sign a deal to normalize ties with israel its all being overseen by president i will trump in washington d. C. While protests have already been held in gaza and across the occupied west bank against that deal palestinians have described the move as a stab in the back correspondent need to him is in the west bank and well get reaction from the in just a few minutes but 1st lets go to our White House Correspondent can be how it can be any minute now to Foreign Ministers and a Prime Minister is supposed to be putting pen
Is driving the market. The credit fundamentals are deteriorating. The central bank has effectively crowded in. You can get spreads. Jonathan always great to catch up with you. We have a ton of supply from the treasury. The 30year happened. What was your interpretation. There was supply fatigue. What was your take . In the end, supply does not drive markets. It can have shortterm impact as supply has to get digested by the marketplace. Over the long run, the fundamentals are what will drive evaluation. At the long end the long end of the curve was a little overbought. There had to be concession to be supply into the marketplace. Over time, it will be fundamentals and we will be in a low inflationary environment. The fed is on hold for years. As a result, there will be demand for long treasuries. Back in late 2017, when the administration cut taxes, the yield on a tenure was 250. On a 10 year was 250 what will matter for the long and is inflation dynamics. Inflation picked up in the last