Good afternoon, everyone. Im a fellow at the Hoover Institution at want to welcome you to hoover capital conversations. The Hoover Institution one of the leading centers dedicated to producing polls id disaffirm economic prosperity, National Security and democratic governance. Detail a bit about our capital conversations series this is a time when hoover feels like they get to talk also some of our nations leading policymakers. Today were fortunate to have with us senator marco rubio to talk about americas future after covid19. As part of a discussion, we will be taking audience questions from you so encourage you to submit your question at the q a button located at the bottom of your screen. Lets get started. Senator rubio as all of you know is the trade center from florida. You have a number of committee assignments, committee on aging, he is currently chairing the committee on intelligence as was the committee on Small Business and has been the leading voice on a number of different
Unfortunately, over the last two or three weeks, things have gotten out of hand. I think we let our guard down. Reporter dr. Robert says the period after memorial day weekend was a turning point in that socalled california miracle. These are the charts that worry him. Abc7 news analyzed the numbers and found that six cabrera counties saw a spike in covid19 hospitalizations between may 22nd and june 29th. In the case of marin county, the hospitalization rate went from 1. 15 . In San Francisco, 4. 94 to 7 . If we continue to see some of the surges were seeing, there is no good reason to think we wont be packed with Covid Patients within two, three, four weeks. Reporter here are more troubling numbers. Total covid19 cases in the bay area on june 29th, almost 24,000. Thats a 74 increase from may 29th when we were at just over 13,000. At ucsf, there are currently 20 in patients. 11 are in icu. We are double where we were two or three weeks ago. Overnight, there were a bunch of people admitt
A much higher risk from the disease plus. Food inflation is surging in germany as measures make it harder and more expensive to farm and harvest produce a closer look at the growing problem. And South Africans desperate for a drink to homebrewing to get around the countrys strict. During the pandemic. Its good to have you with us after weeks of lockdown borders are starting to reopen across europe the European Commission has unveiled a plan to revive the butter Tourism Industry and make it possible for people to take a Summer Vacation at the same time the German Government has announced that its border controls with other e. U. Member states starting this coming weekend. Border checks were supposed to be a thing of the past in europe change in zone germans were used to freedom of movement but the coronavirus put a stop to that cross border travel to neighboring austria switzerland and france was limited to those with an urgent reason to move now the interior minister has announced a ro
21. 5 Million People lost their jobs in april. Oil prices have also been higher last check of wti saw it just above 24. Thats a began of about 3 that link between oil and stock market futures has been strong too. It has been very, very strong it is interesting. It has been strong on the way up the question is was it strong on the way down it is interesting to think what has been driving what . It has been stuck here. It is up 11 the next morning it is 26 and then 23 again. At the end of the session, it seemed to go back. Weve been holding at 24 24, 25 that seems to be enough. These futures are up 250 points every morning. At the end of the day, weve given it back. We are up to 250 again are you kidding me, china, if we are being nice about trade, thats enough to send the markets up again we are back to that . At least it takes the threat off the table. If you start adding tariffs on, i wonder what happens. Earlier this week, all of this harsh rhetoric. We talked about it yesterday, wha
That we are continuing to negotiate with the democrats to get our great workers and Small Businesses all over the country taken care of. Are getting close to a deal. Could happen. A lot of good work has been going on and we could have an answer tomorrow. We will see what exactly does take place. We are also looking at helping our hospitals and our rural hospitals who have been hurt very badly. The rural hospitals have not been treated properly. We are looking at hospitals as part of the package. We will see how that all comes out. A lot of good things are happening. Very good negotiations. Just got off the phone with the secretary of treasury and we have good negotiations going on right now. I think you will have a nice answer tomorrow, but we will as of today, we have tested 4. 18 million americans, that is a record anywhere in the world. The United States has now conducted more total tests than all of the following nations combined. France, the united kingdom, south korea, japan, sin