At roughly 2 00 p. M. The president is expected to take the podium and unveil a policy action or slate of actions that is expected to significantly escalate tensions with china in the wake of the coronavirus and just months after that much harolding phase one deal was struck in january. You can see the reporters there to answer questions. This has been an announcement thats been telegraphed slowly throughout the week. Theres been an significant ramp up on behalf of the administration in the last week after china sought to impose a National Security law in hong kong that would crackdown on public demonstrations there. Since then, the secretary of state has told congress that hong kong is no longer autonomous the secretary of state certifying that is the case and that could result in some policy actions that could lead to the revocation of the special economic status in hong kong that allows that territory to be free of tariffs. That is one of the policy recommendations that was on a men
Meet something the f. C. C. Proposed a set of open internet principles. The f. C. C. Tried in 2010 to put rules in place but most of those rules were overturned in court so the f. C. C. Tried to in a pragmatic way put into place rules that ensure theres not blocking of traffic, theres no degradation of traffic on the internet and so forth. But they also sought comment on a variety of different other approaches. So i think given the complexity of the situation, given all of the politics involved and all of the questions involved in this, i think they did a pretty good job. I think they asked the right questions and its absolutely appropriate so many people are writing in and commenting. This is a tremendously important issue. Matt wood is with free press. Hes their policy director. Mr. Wood what do you think . We think the f. C. C. Did ask some of the right questions but the path theyre proposing to do that ken is talking about, preventing blocking and degrading of traffic is not going
Important this is the one criticism i have of the regulators. I believe Risk Retention is the best way to go about this. It leaves the decision in the hands of the market. You cant get away from the responsibility you cant get away from this. You can shift it. This goes also, i would say, to the question about regulation. There was some regulation before the crisis started. But it wasnt regulating there wasnt regulation for two important things, Financial Derivatives. I agree about the end user. I appreciate his noting that there was irresponsible speculative activity in derivatives which the cftc was length there were prevented from dealing with. The model for loans shifted from the kind that mr. Wilson makes and keeps in portfolio to those made and then secure advertised. Passing the risk off. I want to do in the bill was to require that if people are going to secure a loan, they have to have a 5 Risk Retention. That was weakened in the senate. I would prefer a situation which there
Approximately 50 thousand square feet this is this is the preliminary hard cost budget this is those are conceptual breakdown we area the majority of costs in the corn shelf at 4. 7 million this is the special hundred 74 k and pushing Public Access and guest dock show of a maintained and it includes 8 hundred plus those include the 10 percent contingency and escalation and t n g added the contingency youll see that represented and the permit foes and port staff feels this is this is prudent in the project at this time the preliminary development dpubt u budget is 11. 9 million that excludes includes the hard costplus hard costs an initial ti and at leasting commission costs hard costs budget you saw in november of last year was 208 million lens today it was 2. 7 taillight the owners contingency i discussed and the construction climate as well as the design nantd as t n g works through the project this is also preliminary budget and will change item such as a shortfalls construction is
Brown versus board of education was 60 years ago. I was too young to understand the uproar, but i remember the debate clearly. Yelling and screaming at dinner parties. Incredible. Madmen, that was my childhood. Sitting at the top of the stairs. [laughter] let me do a data check for you. There is the story. We will talk to michael. The 10 year yield. We care. Weaker. Nymex crude has done nothing. Ruble, i put up there with a little bit of interest in ukraine. We will see that in our headlines, as well. Let me go to the screen and get you set up on what the pros will be talking about. This is the 30 year bond. Since adam was a pup. [laughter] this is the uproar you see on every cover of every newspaper. We have looked at the front pages this morning. Here is scarlet fu with our front page. Credit suisse is the first one. It is close to settling with the u. S. Government over tax evasion. The Parent Company would plead guilty and pay 2. 5 billion for helping americans evade taxes. The dis