Good afternoon and welcome to the Conference Center here at Hudson Institute. I am the president and ceo of Hudson Institute, our mission is to promote u. S. International leadership in Global Engagement for secure, free and prosperous future. We are absolutely delighted to welcome back senior senator from indiana, senator todd young with us here at hudson. Today he is a guest in our bipartisan speaker series, dialogue on American Foreign policy and World Affairs with Hudson Institutes chair, Walter Russell mead. The discussion series is designed not to solely focused on the urgent news but also on the important news, that is to say, the broader questions and dilemmas affecting u. S. Foreign policy. Senator young still needs no introduction here at Hudson Institute where he is spoken many times. Hes an important voice particularly on Development Assistance and on the role of congress and u. S. Foreign policy in u. S. Foreign policy decisionmaking. Hes very much a conservative internati
Good afternoon and welcome to the Conference Center here at Hudson Institute. I am the president and ceo of Hudson Institute, our mission is to promote u. S. International leadership in Global Engagement for secure, free and prosperous future. We are absolutely delighted to welcome back senior senator from indiana, senator todd young with us here at hudson. Today he is a guest in our bipartisan speaker series, dialogue on American Foreign policy and World Affairs with Hudson Institutes chair, Walter Russell mead. The discussion series is designed not to solely focused on the urgent news but also on the important news, that is to say, the broader questions and dilemmas affecting u. S. Foreign policy. Senator young still needs no introduction here at Hudson Institute where he is spoken many times. Hes an important voice particularly on Development Assistance and on the role of congress and u. S. Foreign policy in u. S. Foreign policy decisionmaking. Hes very much a conservative internati
Welcome back senior senator from indiana, senator todd young with us here at hudson. Today he is a guest in our bipartisan speaker series, dialogue on American Foreign policy and World Affairs with Hudson Institutes chair, Walter Russell mead. The discussion series is designed not to solely focused on the urgent news but also on the important news, that is to say, the broader questions and dilemmas affecting u. S. Foreign policy. Senator young still needs no introduction here at Hudson Institute where he is spoken many times. Hes an important voice particularly on Development Assistance and on the role of congress and u. S. Foreign policy in u. S. Foreign policy decisionmaking. Hes very much a conservative internationalist and critical for policies issues, marine corps captain, urges degrees of university of Chicago School of business, university of london before graduating from the Mckinney School of law at Indiana University picky making the bank bob mckinney was familiar the hudson
The u. K. Chancellors at the detailed plans to cut 12 billion pounds off of welfare spending as he delivers the first fully conservative budget in nearly 20 years. Caroline i am caroline hyde. Ryan i am ryan chilcote. It is 1 00 p. M. In hong kong. Caroline chinas benchmark index has seen its biggest intraday fall in years, plunging 1. 8 . Thats amid a continuing route, leaving only 43 of the entire stock market frozen. This is a day after hong kong and chinese shares entered a bear market. Ryan shares on the shanghai composite have plunged by ron 30 this year since the peak about a month ago. David english is in hong kong where the hang seng index has also plummeted. David . David a very good morning to you guys. It was a very eventful morning session, and right now its 1 00 p. M. In hong kong, and we are just getting underway. Just to recap what has happened. About our before the Chinese Market opened, you had this flurry of headlines Chinese Companies announcing that their shares ar
Meeting but it does seem hike this really is. He should have said really twice. Or at least three times maybe. This is it. Really really. This is like whackamole. Markets that go down they find a way and its a lot of times not what youre focussing on. Did you think once again well be 8 down . They have a plunge Protection Team like us but its not working at this point. Down 40 the market is over there in three weeks or four weeks. Still up 10 on the year. And 70 in the last 12 months. Its like the wild west. We shouldnt extrapolate everything over here from whats happening over there. But 180 points here or 8 there, maybe thats commensurate. Well wall street journal today, stocks plunged scarier than greece and thats written by the head of emerging markets and global macro at global stanley investment management. They make the point which is hotly debated in the market to what extent does the market crash in china have a Ripple Effect on the chinese economy and that has a Ripple Effect