The, were taking a look at the biggest stories of the week. Im rachel ruble live in moscow. But as the g 20 summit wraps up in new delhi, we continue our special coverage of the global gathering here on our T International. The well as the day to the summit got underway, World Leaders and representatives, including Russian Foreign ministers circuit land. Rob arrived at the Mahatma Gandhi memorial for india and Prime Minister moody welcomed each guest with the gift of a base scarf made of hardy fabric, which was promoted by Mahatma Gandhi himself. And on the 1st day of the summit, the g 20 Group Adopted a final declaration with a somewhat neutral stance. Russia, much to the disappointment of western states, was not condemned in the document concerning the ukraine crisis. Another key point is the invitation of the African Union to the g 20 club as a permanent member. The d 20 committed to enhance ties with the african continent which plays an Important Role in the Global Economy as the d
Good morning. My name is graham and im the Vice President for Technology Programs and strategy here at the Atlanta Council. Im delighted to welcome you this morning to a conversation with aarti hollamaini, director of the United Nations office for outer Space Affairs. To discuss the growing role of the private sector in International Space collaboration. By the end of the decade, it is expected that the global space economy will reach 1 trillion. This figure encompasses increased investment by governments and also includes the private sector. From Internet Services enabled by satellites to the continuous observation of earth, local space activities have changed the way that societies function and how we understand our planet. As we go back to the moon, venture deeper into the solar system, and find practical ways to use Space Capabilities to probe life here on earth, its essential that we collaborate. This notion is at the heart of the work here at the Atlanta Council Atlantic Council,
[inaudible] a process for our economy. The Federal Reserve is one of the most important institutions in the country and, indeed, the world. Chair yellen served as president of San Francisco fed, then as vice chair, then as chair of the Federal Reserve board. Our distinguished service at the fed encompassed the most tumultuous time in the United States financial and economic systems since the great depression. Many books of artie been written about the events of this time and many more will certainly be written from different points of view. And with varying assessments. One thing is certain. The Financial System and the economy have stabilized. We are no longer debating how to reconstitute them, but rather how they might work even better. This hearing will review the development the crisis and special sense doctor yellin became the chair of the fed in terms of the dual mandate of maximum employment and price stability. By the Standard Measure of unemployment which is 4. 1 last week, an
Dow and the s p 500 putting in a new record highs, but the nasdaq the laggard today. So far not another record high. Everyone has been talking about the string of records. Can this be the longest bull market ever . Goldman sachs is saying the evaluation is stretched to levels not seen since 1900, and pain. This may end in they also talk about the idea that a 6040 portfolio, typically in a retirement portfolio, 60 stocks, 40 bonds, a very balanced portfolio. There turning 12. 86 vs. 7. 1 since 1985, and 4. 8 over the last century. Certainly the returns matching these record highs are seeing. The question is when and how might it end. Fed chair janet yellen will be testifying shortly. We had a reaction to her preprepared remarks. The 10year yield, up six basis points. The incredible that the fed is likely on the path for continued gradual rate hikes. We have the other havens selling off, including the yen, gold, trading lower, supporting the riskon tone we are seeing to some degree. Of c
And the prospects for our economy. The Federal Reserve and is one of the most important institutions in the country and if it deed the world. Served as vice chair, then as chair of the Federal Reserve board. Her distinguished service covered the most tumull chews period since the great depression. Many books have already been written about this period and certainly many more will be written from different points of view and differing assessments. The Financial System and the economy have stabilized. We are no longer debating how to reconstitute them. But rather how they might work even better. This hearing will review the Development Since the crisis and especially since dr. Yellen became it fed due to maximum employment and price stability. By the Standard Measure of unemployment which is 4. 1 at last reading and by the Standard Measure of inflation which most recently stood at 1. 6 . Both the first and second goals have been achieved. Although the standard of metrics are very good, a