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Nation, the president announcing that travel ban. The European Union failed to take the same precautions and restrict travel from china and other hot spots. As a result, a large number of new clusters in the United States were ceded by travelers from europe. After consulting with our top Government Health professionals i have decided to take strong but necessary reactions to protect the health and wellbeing of allmericans, to keep new cases from entering our shores, we will be suspending all travel from europe to the United States for the next 30 days the new rules will go into effect friday at midnight. David, jim, were going to talk about the president s address, the markets obviously today, but really quick, the fact that youre there and im here, just reflects t ....
Dallas . Years ago. Traveling with a big sales whats interesting is it is a connected supply chain so what were actually discovering here with the coronavirus is those factories outside of china, they person a deal . A few of them i was a stock broker. Also are having supply trouble not able to start production in would you like to buy this or many cases because all it takes would this be better for you is one part to come from china alternative choice questions. So our products are electronics, you do. Fairly complex and parts really she doesnt get on a plane come from all over the world and unless there is money to be those parts that come from china made everything you do should be are affected. Okay. Closing. Bernie, thank you for joining us this morning im closing every day appreciate it. Coming up, can a slick we digress. It is up we are green today multimillion dollar ad blitz translate to success on the up 65 points, the s p indicated debate stage thats the question of the nigh ....
Process. Carol and we hit the red carpet to celebrate the bloomberg 50. Our annual list of those that have measurable accomplishments. But first, the biggest ipo, saudi aramco. Shares surge to a market value of 2 trillion. At the peak. Carol a culmination of a fouryear effort from the kingdom. We are in wanted to talk about this. A lot of questions. Now it is publicly traded and it is an ipo but it is only a small there ine, 1. 5 is out the public in terms of the company. Reporter the ipo has not turned out the way they expected it to happen. Back to 2016er when the initially announced plans for the ipo, the plan was to sell shares of the company. What we really have to look at is what is the purpose of the ipo . It is seen as a means of diversifying saudi arabia away from its Oil Dependent economy, to raise money from International Investors and to deploy that on pro ....
To celebrate the bloomberg 50. It is our annual list of those 2019st of those whose accomplishments stick out. Jason but first, the biggest ipo, saudi aramco. Shares surge to a market value of 2 trillion. At their peak. Carol a culmination of a fouryear effort from the kingdom. A lot of questions. Now it is publicly traded and it it is an ipo, a publicly held company, but only a small percentage, 1. 5 is out there in the public in terms of the company. Reporter the ipo has not turned out the way they expected it to happen. If you remember back to 2016 when they initially announced plans for the ipo, the plan was to sell shares of the company. What we really have to look at is what is the purpose of the ipo . It is seen as a means of diversifying saudi arabia away from its Oil Dependent economy, to raise money from International Investors and to deploy that on projects ....