One more of a Market Structure issue. Thank you, very much. The time of the gentleman has concluded. The next two questioners, i believe are both voting, and at the suggestion of that we are going to take a ten minute recess and then we will reconvene. When epidemic first hit, my district in new jersey was in the eye of the storm. The second highest rate of cases in the country, and supply and protective gear was uncertain. Health care providers and the supplies went out of in a matter of days. I call in this administration to use the defensive protection act, americas 90 factor in the past equipment it is ready to keep fighting the pandemic. Using the da is crucial and fighting against covid, i was just surprised as many of us when the International Development finance corporation, the fc, announced that they would issue their first to be a long board, what 755 million to kodiak, who is not even a pharmaceutical component. The dpa finally you utilize for something that has left bankru
Second highest rate of cases in the world and supply of protective gear was uncertain. Some estimated supply would run out in a matter of days. Use the defense protection act to leverage the equipment to keep fighting the pandemic. Using the dpa is crucial in our fight against covid. However, i was just as surprised as many of us when the International Development finance corporation announced they would issue their first dpa loan to kodak to produce pharmaceutical components. The dpa is finally being utilized but to a company that only just recently left bankruptcy with no proof of success of pharmaceuticals, being trusted with such an important task. Frankly its not a joke. Kodak ceo purchased shares of the company, leading up to the announcement and received 1. 75 billion Stock Options from the kodak board the day before the announcement was made. These Stock Options may have been worth as much 50 million just a few days later. A letter from the committee to the s. E. C. Urging inve
Pound is down today, and the ruble is under pressure. Angela merkel, the german chancellor, appears to be leaking nord stream 2 with the poisoning of alexey navalny. Some suggesting that maybe we could see that project halted or not used, but currently the link between the two providing some consternation in moscow. The u. K. Is preparing for brexit talks to fail and planning new legislation to potentially override parts of the Withdrawal Agreement, as the u. K. Foreign secretary dominic raab calls for a moment of reckoning. It is a week up call for the eu side. Weve got to a position where there are only two points really holding us back, but we cant accept that the eu will control our laws. That is the reason we are leaving. No other country goes into trade organizations into trade negotiations on that basis. Guy is Boris Johnson now basically signaling that he is prepared to accept a no deal brexit . Hes basically sent out on emailed today saying there needs to be in agreement our e
Illegal illegitimate. This leak does not mean you are doing the same thing with nazis. And indeed i have a message to many close allies around the world to your people could be next. Also coming up tonight a warning from the un that millions of children are at risk of being put to work many families are turning to dangerous child labor to put food on the table during the Global Health emergency. My father was killed my mother is very ill. I go out to get money so we can buy medicine for my mother so we can treat her and so that we can buy food for us selves. Us President Donald Trump sanctions against staff of the International Criminal court who are investigating u. S. Service personnel over possible war crimes in afghanistan the United States is not a signatory to the courts charter and wrote select in retaliation for the inquiry. The white house says it will block the assets of Court Employees involved and impose visa restrictions on them and their families and to corruption investi
Instead of. Pushing. Thanks for joining us fears over a 2nd wave of. Global stock markets tumbling again in new york. The worst since the. Hopes that. The horizon. Markets in asia are down to losing around one percent. For more on those dramatic losses on the Global Stock Markets im joined by our plans will correspondent its called red boots and in frankfurt called red share prices around the world collapsed when the pandemic hit then they bounced back surprising us all but it seems they got a bit ahead of themselves oh yes terry you know when the 1st lock downs happened in march and april many people on the markets quickly became pretty optimistic that a quick recovery of the economy would be possible turns out now with the lock downs lifted we are seeing this is not the case you know here in germany the retailers have been open for a couple of weeks now. And business is very slow people with those social distancing rules are very careful shopping is no fun and of course many people i