Tackles the big. United states its people its economy and the way it deals with the rest of the world the bottom line. Of their im not cloud this is counting the cost on aljazeera to look at the world of business and economics this week mozambiques troubled road to becoming the worlds 4th biggest gas exporter a debt crisis. Society and an islamist uprising near its most valuable gas fields. Also this week an epic battle to challenge apples grip on its store a multibillion Dollar Gaming Company taking on the tech giants and the regulators watching from the wings. The mighty dollar. That up ends its dominance or is that Wishful Thinking on the road to a currency. In time mozambique will become the 4th biggest exporter of gas but right now is fast becoming the most Unequal Society in Subsaharan Africa the promise of gas riches could not come quickly enough for a nation. Scandal that plunged the country into a currency crisis debt default almost 4 years on the pandemic and insurgency in th
Good morning and the meeting will come to work. Welcome todays hearing on the oversight of the general trade commission. On extended a welcome and thank you for appearing. You will all appear roughly this morning. Include fcc chairman joe simons, and noah phillips. Commissioner chopra pretty commissioner Christine Wilson and rebecca slaughter. Cc the established in 1914. Under federal trade commission act. The fcc is chiefly responsible for protecting consumers from unfair, or fraudulent Business Practices in the marketplace. This includes protecting consumers privacy, and security of the data. And harmful uses of technology in combating deceptive advertising and illegal protocols. The fcc is also responsible for educating consumers about fraudulent activity, and predatory Business Practices and Consumer Education is an essential part of their mission. And its intended to inform customer choices help prevent americans from falling victim to fraudsters, cyber criminals another bad actor
Will come to work. Welcome todays hearing on the oversight of the general trade commission. On extended a welcome and thank you for appearing. You will all appear roughly this morning. Include fcc chairman joe simons, and noah phillips. Commissioner chopra pretty commissioner Christine Wilson and rebecca slaughter. Cc the established in 1914. Under federal trade commission act. The fcc is chiefly responsible for protecting consumers from unfair, or fraudulent Business Practices in the marketplace. This includes protecting consumers privacy, and security of the data. And harmful uses of technology in combating deceptive advertising and illegal protocols. The fcc is also responsible for educating consumers about fraudulent activity, and predatory Business Practices and Consumer Education is an essential part of their mission. And its intended to inform customer choices help prevent americans from falling victim to fraudsters, cyber criminals another bad actors. And recently discussed and
Agency established in 1914 by the federal trade commission act. The ftc is chiefly responsible from protecting consumers from unfair, deceptive or fraudulent Business Practices in the marketplace. This includes protecting business privacy and the security of their data from any harmful uses of technology and combating deceptive advertising and illegal robo calls among other issues. The ftc is also responsible educating consumers about predatory Business Practices. It is intended to inform customer choices and help prevent americans from falling victim to scammers, fraud centers, cyber criminals and other bad actors. As was recently discussed at chairman marans subcommittee hearing the coronavirus has created an avenue for scammers to take advantage of consumers. The surge in internet use in particular because of stay at home orders has been a prime target for exploitation. I appreciate the commissions ongoing efforts to protect consumers from identity theft, email phishing schemes and
Bloomberg surveillance. We welcome all of you. Markets on the move. Price upcoming yields down. With that away important claims number. Jonathan just a sense of risk aversion. Everything you expect playing out. Ive said it before, i will say it again. For most people come of the gdp numbers are for the economic historians. The payroll claims, the jobless claims are for the traders. Intothe high data folds the ugly gdp report. What do you see within your reading of the linkage of the American Economy into your bond market . Lisa that is what i am struggling with right now. I was looking at the yields, the rate that these companies are charged to borrow money. The yield is almost near a record low at about 0. 5 away. What is the message from that . Economically, how do you connect that to anything going on with the jobless claims, other than just what the fed is doing to stimulate growth . Tom jon ferro, answer the question. How can you have a default dynamic that we have right now . We