Wow. I am the dean of georgetown law and it is a privilege to welcome you to the Second Annual Ruth Bader Ginsburg lecture. The first lecture was held in april of 2018. Our first speaker was Justice Ginsburg. It is a lecture series in which we honor a distinguished leader who is a champion for equality and human rights. We are very privileged at georgetown to have such a wonderful bond with the justice. You might have seen her portrait as you were coming down into the amphitheater. , waseloved husband, marty a remarkable member of our faculty for many years. We have a chair in his honor. The Martin Ginsburg professorship in tax law. I have to say, i am often asked, dean, what is my favorite memory . It is what we just saw. Walking into this room with Justice Ginsburg and seeing our students look up with such admiration and inspiration on somebody who is one of the great figures in the history of the world, and also a cultural icon. [laughter] [applause] when Justice Ginsburg gave the f
We begin with an unforeseen impact of the trade war. It is hitting home in places you may not expect colleges and universities. Many foreign students pay full freight for college tuition. Now there are fewer and fewer enrolling. How are colleges coping . One school came up with a new approach to ensure its future. Tuition 101 is our cover story robert frank has more. Reporter as colleges and universities brace for a decline in the number of Chinese Students one school has found a solution, insurance. There are more than 360,000 students from china who study in the u. S. Every year a number that is now under threat as the trade war makes visas and jobs for chinese nationals harder to get. University r the university of illinois is prepared two years ago, a school bought an insurance policy that would pay out if there is a substantial drop in revenues from Chinese Students. The insurance was the brainchild of jeff brown, an economist Whose Research focuses on insurance and on Risk Manage
Said it could not proposed his rags a deal as it stands. The eus chief brexit negotiator spoke and heres what he had to say. Deal with thend a theish governments on organized withdrawal of the United Kingdom from the European Union, as well as the framework for our future relationship. It is the result of intensive work by both negotiating teams, which i want to thank personally. Course, butteam, of also our own, both who worked with tenacity and professionalism. A michelle bonnier speaking short time ago. Lets bring you the latest on this. By in brussels and lets cross live over to dave. Alsoid hes hopeful and calling for cautious optimism around this, talking about risk management. What reactionsnsre you heaearing in brussels . He i is heading across the street to the European Council where he will present his deal to the 27 other eu countries. What was key during his press conference is that he said explicitly the backstop is gone. It over the early replaced by the irish protocol, w
Good thursday morning, welcome to squawk on the street. Im carl canton . Eua. News is solid and question is can johnson sell that to parliament as early as this weekend. Sterling has had a big mix Housing Starts disappoint. Our road map begins with netflix soaring despite the miss, the streaming giant warning that increasing competitive head winds could weigh on growth. It shows Morgan Stanley to be rallying, this on what looks like a strong quarterly result the banks cfo will join us this morning. As we said, futures rallying on new brexit hopes, uks parliament, approval, though, remains uncertain. Lets start with netflix subgrowth did mix. Rebounded to almost 6. 8 million thanks to International Strength on the earnings call, Reed Hastings did talk about the competition with disney and apple, set to launch their own services next month. Fundamentally there is not a big change here. It is interesting we see both apple and disney launching basically in the same week after 12 years of n
Now becky quick. We begin with lobster the delicacy is in high demand worldwide, especially in china but like most food exports, the u. S. china tariff war is squeezing the lobster business like a lemon our Contessa Brewer found maines lobster dealers are feeling the pinch. Its this weeks cover story reporter stephanies space is small but the Lobster Company does big business in lobster. I primarily export lobster. Reporter and when the Maine Lobster industry worked to open up china markets, stephanie was right there. Investing, expanding, ramping up to meet the newly voracious appetite for u. S. Lobster. We were doing about half of our business with china. And this place wouldve been rocking and rolling. We had basically 24hour operations reporter but since last summer, stephanies sales have plummeted by half. Shes cut hours and workers. The impact of a trade war and china slapping tariffs on american lobster july 6th, 2018, it all came to a screeching halt and we didnt really sell an