Good afternoon. Eyeing the dean of the Institute School of Public Health and im delighted to have everyone join us today for this discussion. We have the author of an incredibly important book here, rosemary gibson. Her book is the topic of a dramatic shift in where our madisons come from. China looks at the position as a pharmacy of the world. I think any of us in the Public Health profession have been unaware of the shift. We may notice on time but there are shortages and contamination issues and other problems but i think that it is we have not been aware there is a systematic issue, a major change in the system for manufacturing pharmaceuticals. The implications of one country and the supply of medicines were astounding no matter what country we may be talking about. Think about it. What if there is a Global Pandemic and its hard to lose products across the world. But if there are heightened tensions within the South China Sea. Everyone could be vulnerable and put at risk. The role
Issue, a major change in the system for manufacturing pharmaceuticals. The implications of one country and the supply of medicines were astounding no matter what country we may be talking about. Think about it. What if there is a Global Pandemic and its hard to lose products across the world. But if there are heightened tensions within the South China Sea. Everyone could be vulnerable and put at risk. The role of the fda in this situation cant be overstated because the fda cannot be as effective in assuring the safety of the medicines and areas of the world as it can at home. Many of us are not aware of the safe debate co facetoface contact that the fda has with those that are manufacturing our drugs, the inspections they conduct, the very handson work that is involved in making sure that the manufacturers drugs are safe. They certainly set up offices all over the world to do that and that is not the same as having offices, having manufacturers in your own country. And with the u. S. L
Short bet. Traders take their positions fast money Halftime Report starts right now all right welcome. Big show today our Investment Committee is here joe, stephanie, josh brown lets begin with the markets those comments from paul jones, what he told cnbc in daf as about what he calls the explosion driving markets. We are just again in the crazies craziest monetary mix in history. Its explosive it defies imagination. And i dont think anything is changed. It reminds me a lot of early 99. So early 99 we had 1. 6 pce 2. 3 cpi we had ex act same metrics today. Thats out in davos josh brown, turn to you. Answer the question. Time to worry or party like its 99 i think most investors are doing a little bit of both the data does not show that any segment of investors, whether talking about institutions, hedge funds, retail, Family Office foundation, there is nobody out there right now acting in word or indeed as though its 1999 you just dont see that form of euphoria out there in the market do
We ought to continue. Often we bury over that and with truth oh casualties. And russian president vladimir put him to meet with a number of leaders at the said belton road farm. In china, aging hosts. They event paving the way for to connect the molded for the well, the one to 3 pm in moscow. Thanks for joining us on our team to national with all the latest from around the well as i a mike of point right now at least 40 people were killed and maybe all those winded, in the recent eas, rarely attack on gas a or the video of a parent the shows the movement of this blanket, its after me, dozens of civilians, a police still have been killed and all the top down to the rubble of the incident occurred in the Southern City of withdraw for any of the gibson border way. Either office, those guys are residents to flee to as the idea of most of the target 7 area. This images of victims receiving medical treatments have come in from the seen. As you can see, many of them are little children. Level
Japan was closed. Oil coming off the best week since august. Bond markets are closed. This morning its the largest tech deal in history. Dell agreeing to buy emc for 67 billion. You will hear what ceos of both companies told cnbc. We will hear where things stand now with inbev and san miller. And twitter planning companywide layoffs. A big move from newly installed ceo, jack dorsey. Dell agrees to acquire emc in a cash and stock deal valued at 67 billion. Transaction includes a special stock that tracks the performance of emcs stake in vmware. Michael dell will lead the combined company. He talked about his future plans this morning on squawk box. We are focused on in the first 18 to 24 months, a significant reduction in the debt, which will come from certainly the cash flow of the combined companies which is quite powerful. Some cost synergies, but importantly the revenue synergies here are about three times larger than the cost synergies. As we said, biggest tech deal ever. Biggest p