A crisis measures to keep its economy going as it combats the coronavirus pandemic now in a few moments well hear from a European Commission president was not funded line and the executive Vice President s father some pro skates and margaret have a stay here they are due to speak in brussels in a few moments and with the disease spreading throughout the e. U. Theyre expected to offer funds to prop up Vulnerable Industries will also allow countries to break deficit spending rules as they battle the virus and that is something that italy the worst hit country has already said it will do the European Union will also offer cheap loans to Companies Hit by the outbreak as customers stay away. Right we have our team of correspondents on the story with us here in studio we have had offers from d. W. Business our Political Correspondent nina and also standing by for us in brussels our correspondent there and recruit good to have you all of us with all with us and theyre going to start with you
TheChristine Lagarde says ecb could need fresh stimulus. Shery a quick check of the markets closing, we saw fluctuations in the session. The s p 500 moved higher in the last hour of trading or so, moving to a record high. At one point it fell to session lows after we heard from the cleveland fed president loretta mester, saying she was not ready for cuts yet, which sent markets lower, but Communications Stocks are leading the gains on the s p 500. Volumes were lower, heading into the fourth of july holiday. Wednesday is a shorter trading day as well. The nasdaq finished 0. 2 higher, and u. S. Futures are unchanged at the moment. Lets see how we are setting up for the markets in asia. Kiwi stocks are under fire this morning, and looking at a potential retreat at the start of cash trade in tokyo and sydney. The aussie dollar staying steady this morning, in the wake of the rba rate cut. The governments secondhalf Economic Forecast to consider later today, export data looking shaky and poi
North korea expert, scholar and author for the sister, dr. Sungyoon lee. His bio is on the website, but i do want highlight that outside of his Academic Work research. Chair dr. Lee has been an Expert Witness for us congressional. Hearings on north korea policy, including the Otto Warmbier versus dprk trial this evening. We have a unique opportunity to hear his insights about country that keeps us awake, continues to present challenging policy problems for the region and beyond and. As if that werent difficult enough to try to the pathology of secretive kim that leads it joining dr. Lee is our very own Emma Whitmyer easy Society Policy institute officer, Program Officer will interview dr. Lee and then conduct a q a with the audience. Emma was previously a fellow with the south Korean Ministry of Foreign Affairs. Now we get the program underway, which is why you are here. I want to first thank dr. Lee for taking time to speak here. We are delighted for this opportunity to host you for w
Is inevitable, but we have tried to use this tool in the 11th period as far as possible, even in the part where we worked with the previous government. For example, in the issue of amending the check law or the same siadi checks dear mr. Dr. Hemti , being the head of the central bank at that time, it was a violation that these cases and the revision of the check law had not been implemented. Bringing the article 90 commission for a complaint that existed, and the governments assessment at that time was that it is not capable of being implemented this soon. It is true that you have this law in the parliament and you passed it, but it is not capable of being implemented. This issue helped that this work be done in the country , after their change, the government also came and changed, and the heads of the Central Bank Continue this law until today. It was implemented step by step, this is one of those hands. At that time, we could have said , mr. Hemti, your violation is obviously based
Are going out of business and no longer work, or the safety of the drugs is being compromised. We tried to remind them with logic, while we have the law , with the logic of this work, that we are not at all looking to eliminate pharmacies, we are not looking for this at all, for example, a a company should come and stock drugs on a large scale, he should be the drug explainer, not the existing pharmacies. By the way, we said that this is for the benefit of small pharmacies, because sometimes one drug is enough in one pharmacy in one street. There is a pharmacy on the second floor, we dont know if this medicine can be evaluated there, if it can be found or not, so this is also in the interest of the pharmaceutical manufacturers, that is , we could convince them, we could say, sir, we dont sit down and talk, convince you. The right case, mr. Food and drug organization, mr. Mohammadi, mr. Dr. Mehdi, come to the court, its your turn for you make a decision, come back now , the next person