Finishing up here at the National Press club. You can see this on our website cspan. Org. Going to a conversation with World Bank President jim yong kim. Hell be talking about preventing the next pandemic. This is happening at center for strategic and International Studies here in washington. Should start in just a moment. Good morning and welcome to csis. Welcome to those who are joining us online and those who are coming in via cspan and else where. Its an honor to be here today to welcome dr. Jim yong kim president of the world bank to speak on how to better prepare ourselves for future out breaks in this era of the new normal of recurrent out bakreaks weve se. Im the Senior Vice President here at csis. Just a few minutes of opening remarks. Dr. Kim has been president of the bank since 2012. And in that time has used his leadership quite strategically to bring about many changes internally and externally. Hes positioned the bank to be a lead player, a key player in pandemics, in sup
Years. Outside shanks pennsylvania, an honor guard placed a wreath at the memorial. A day of working to move forward while vowing never to investigate. We never will. In brookpark a solemn remembrance with motorcyclist heading out on a memorial ride. Reporter . One by one the names of 24 Fallen Heroes from ohio who served with the third battalion 25th marine regiment in iraq are read. Brian p. Montgomery. Lance Corporal Aaron h reed, chillicothe. Sergeant. The names are read in front of a crowd of hundreds of motorcyclists and dozens more remember all of those who lost their lives on 9 11. John kickle organized the Memorial Ceremony for close to 15 years now. Not because he knew anyone who lost their life on 9 11. For him holding this event is a personal way of saying thanks. To see what happened on 9 11 to our country and see 7,000 young men and women give their lives for our country, w dont want to forget them. ] playing taps ] ] former new york firefighter john murphy lost two fello
Are faring and as we do, given that employment number, the 10year note yield, Strong Performance for the equity markets in europe and there is a look at a yield that has come down a few basis points. Had been above 1. 6 yesterday. Crude up today reversing a slide recently. And well see how all the equity markets fair. The employment report ahead of the fed policy meeting later this month. Ladies . The Research Notes are flying in the inbox already. What are they saying in. Takes pressure off the fed, forget september, its not going to happen. Here we go again. Were in this perverse world where a disappointment on the economy, is very positive for equities. You see the rally, the dollar weakening, treasure yields go lower tells a tale of a fed that might not have to hike Interest Rates. Its not a total disaster in terms of the jobs report. If you break the report down it came in below consensus but were also coming off a strong stretch for june and july. Unemployment Holding Steady at 4
Highest of nine months. Gainsre hanging onto the and the nasdaq going more deeply in the red after some disappointing earnings reports. One of the main themes of the session has to do with commodities. This is the imap and you will see materials and Energy Stocks if you take a look at that imap are the two bestperforming groups. Materials up 1. 5 and energy up 1. 4 even though the imap wheel is looking a bit mixed at the moment. Something else i wanted to look at is a global commodity monitor. Columnlook of the third over there, it is almost all green today. The only exception being sugar. In other words, we have a very broad commodity rally today from energy to metals to act. Some of that is due to the decline that we are seeing in the u. S. Dollar could the. The bloomberg dollar index hitting its lowest since last june. We have seen that in advance and a lot of those commodities. Having to deal with the u. S. Dollar is that short on the u. S. Dollar are going to a higher level. Heres
In 2015 on a separate payment that will not be paid. However, the vast majority of the more than 700 million that the island owes on monday by midnight on the 4th will be paid, including importantly the general Obligation Bonds that amount to about 330odd million dollars. Widely held by many mutual funds, Something Like 45 of mutual funds that invest in munis around the u. S. , melissa and brian, are exposed to some of that paper. And thats why were following the story. Kate, thanks so much. Well keep you posted on whats going on in puerto rico. This is power lunch. Im melissa lee along with brian sullivan. Oil is getting knocked around today, no surprise. In the last six months, crude is down almost 40 . What a tumble. Also, natural gas, did the nat gas trade just run out of energy . Its had a huge week but it is down again today. What is going on, melissa . And a year ago brian made some pretty brave and bold predictions about 2015. Today we will show you what he got right, what he g