Coverage. A vote expected at 2 15 eastern. And cspan2. The presiding officer the senate will come to order. The chaplain, dr. Barry black, will lead the senate in prayer. The chaplain let us pray. Eternal father, the center of our joy, bless our lawmakers with the peace and wisdom needed to lead in our challenging world. Give them eyes to discern and understand the intricate complexity of this turbulent season. Lord, guide our senators to the right paths. Lead them beside still waters. Restore their souls. Let them lack nothing for you make them whole. Overflow their cups with gentleness, care, and understanding for the people they represent. Let them fear no evil and take courage in adversity, for you continue to lead them with your allknowing right hand. We pray in your everlasting name. Amen. The presiding officer please join me in reciting the pledge of allegiance to the flag. I pledge allegiance to the flag of the United States of america, and to the republic for which it stands,
This you know i mean in your minutes im going yes. What im going to see what im on what im organizing im not going to sit there im. Going to see it because i see very seriously when ive only said that i caught going on with her being funded. Its time to tackle africas persistent electricity crisis says a report by the International Energy agency adding that africa us young fast growing and increasingly urban population is key to driving Global Energy needs. We also neat the father of rural innovation taking a look at innovation up in tanzania where he and his fellow inventors work on improving life for locals. I dont want to get jones laughed. Business africa and africa needs to scale up its policy and investment plans if it wants to overcome the persistent lack of access to electricity and clean coking and thats the bottom line of a new report by the International Energy agency around half of all africans did not have access to electricity in 2018 and as africas population grows well
Many winery properties have been destroyed with more than 2 Million People across the region having been thrown into darkness because of electricty blackouts. The independent business pages report customers in the uk are being left cashless and cut off by unacceptable it failures in the Financial Services sector according to a treasury committee. Mps say prolonged it failures should not be tolerated and the current level and frequency of disruption and consumer harm is not acceptable. And finally on the Deutsche Welle website, a masterpiece by the italian painter cimabue has sold for e24 million at an art auction in paris. The painting known as christ mocked was discovered after hanging for decades over the cooker at the home of an unsuspecting elderly woman in northern france. With me is dr stephanie hare, an independent analyst. I was reading this article that dominates the front page of the arab news, understandable. It talks a lot about what happened in terms of chasing down the le
Futures up by 253 points this comes after the dow was up yesterday by 230 points. The s p up by 27 points and then the nasdaq up by 92. The gains we saw yesterday were happening even though you continued to see pressure on yields in the treasury market. See how your Energy Prices and that did move stocks in the Energy Sector higher yesterday but again the idea that china is now basically confirming what President Trump was saying, things seem to sound better than they did last week for sure. Hearing both sides come out and make the arguments have been helping the futures this morning. They kind of said were not going to immediately match the new additional tariffs that he was right. So actually we would like existing tariffs to be going down. But both sides are willing to compromise and negotiate and thats a pretty significant deal. But it was their initial matching of the ones that he did. Yeah. Even though they really cant unless they raise the number they cant really match it anymor
[inaudible conversations] the hearing will come to order. Today we will receive testimony from david marcus head of libra at facebook. On may 9 senator brown and i sent a letter shortly after it was reported that company was recruiting Financial Institutions and online merchants to launch a cryptocurrency based Payment System using a social network. We asked space bar for more information how the system would work, access and use of Consumer Financial information and facebooks access to use of information on individuals or group of individuals for credit or insurance or housing i appreciate facebooks response last week. Shortly after the letter was sent facebook formally announced its intention to launch the Payment System libra and issued a white paper providing information on the project. Since then us and Global Regulators have taken notice including the Federal Reserve, reserve, Uk Financial Conduct Authority and a stability board, g7 and others for the last week during the Federal