Good morning. Welcome to the subcommittee on communication and technologies. I am glad to welcome our witnesses back before the subcommittee. I know it has been seven months since we had you before us and i know we all missed the warm welcoming atmosphere of our hearing room. Despite that passage of time many issues that were of concern to us then still remain unresolved today. For example, i asked about the investigation into phone carrier selling the realtime location of nearly every american. Mr. Chairman, you told me even after more than one year had passed we still cannot tell whether this practice has stopped and could not say whether the impacted individuals have been notified and could not tell us that members of congress and lawenforcement had their locations sold or tracked and in june of this year you told senator blumenthal that you were wrapping up this investigation and with that recommendation shortly. That was six months ago. We still dont have them. Chairman sloan and
Good morning. Welcome to the subcommittee on communication and technologies. I am glad to welcome our witnesses back before the subcommittee. I know it has been seven months since we had you before us and i know we all missed the warm welcoming atmosphere of our hearing room. Despite that passage of time many issues that were of concern to us then still remain unresolved today. For example, i asked about the investigation into phone carrier selling the realtime location of nearly every american. Mr. Chairman, you told me even after more than one year had passed we still cannot tell whether this practice has stopped and could not say whether the impacted individuals have been notified and could not tell us that members of congress and lawenforcement had their locations sold or tracked and in june of this year you told senator blumenthal that you were wrapping up this investigation and with that recommendation shortly. That was six months ago. We still dont have them. Chairman sloan and
Source sores soars. Australian markets have just open for trade. Lets turn to sophie for what to watch. Sophie its hitting the Snooze Button with markets little changed to the downside. Aussie dollar just retreating a touch. We are also keeping an eye on what is happening with the u. K. Election taking place thursday and india very much focused as we get Health Checks on the economy. We are also waiting on japanese machine orders. We have singapore on the docket as well. Paul thanks very much. Lets check in on first word news with ritika gupta. Ritika the u. K. Vote later thursday in an election that will define its relationship with the eu for years to come. Brexit has been the central issue in the campaign with Prime Minister Boris Johnson insisting the contingency board will only happen quickly if the conservatives turn a strong victory. Uncertainty surrounding brexit has led to eu leaders hoping for a johnson win so the negotiations can come to an end. We will have special extended
Corporate and labor party support. Thanks thanks to she tells the hey theres no genocide in brookline st. My mas de facto president faced the you in court is the crisis the dispsplaced o of a Million People made a fatal military crackdown continues. Thank you very much for being with us. Pensions in front to o set to undergo a major reform announced this wednesday by the Prime Minister at waffle leap. Comments that came as a general strike continues to grip the country the issue as united fronts almost l like no other with political extremes coming together to condemn the reform plans basically president michael. Pledge to abolish the forty two special pension accounts number place them with universal scheme its the delivery of this Campaign Pledge at this conference workers out on the streets in protest. Lobbies showed the governments objective of universal pensions is a socially fat. Yeah but that there is no hidden agenda. The but were not looking for small savings here all that. We
Its stronger half of the trading. The korean won jumping most in five weeks and all of this ahead of the tariff deadline as well. A little bit of a risk on sentiment coming through in asian equities and assets today. Absolutely. And youre seeing it with futures trading in singapore. Having a look at what is going on there we are seeing an uplift. We could add to the near half percent gain we saw in the nifty session. Nfte. The dollar is falling against its Indian Counterpart the rupee , half a percent down in the last three trading days. The bloomberg dollar index erasing the gains we have had this year. 10 year yields a spike up as well. It is a time when we are seeing not just a lack of any Interest Rate cuts a perhaps a pause in Monetary Policy is the general feeling. Quite a few rate cuts priced in as the market is adjusting itself to factor in one or two next year. There are looking also at shadow banking and how some liquidity in the market is helping to unfreeze this troubled pa