President is promoting. I dont want people to have their hopes up. That standard. Well yemen records its 1st case of coronavirus leading to fears for. Their sport russias sports minister wants his countrys doping ban removed while 6 members of barcelonas board remove themselves resign in protest that president bottom oh thats coming up later in the program. Manager from the Worlds Largest 20 economies are holding an emergency meeting right now on how to protect oil markets damaged by the fallout from the Coronavirus Crisis their Video Conference follows a record breaking deal by opec and its allies to cut production to try to boost prices reducing output by 10000000. 00 barrels a day is also aimed at countering the collapse in demand caused by coronavirus lets bring in our economics editor. Tell us more about this so where are we at is it likely to happen. Well nick you know theres a possibility that this deal could go through and he said it is an exploding tail because even at the las
This is just over two hours. This hearing will come to water. I want to thank the witnesses first and foremost for the efforts as related to the current i guess we have to call it a pandemic at this point in time with conv19, the corona virus. I do think its important we put everything in perspective and i would ask my Committee Members to include my pretend Opening Statement in the record. But we often times. Let me rattle off a couple figures here. Ebola total cases worldwide ended up being less than 29,000. I remember in a crisis we were talking about it spreading and could be a Million People which would have been a huge problem because ebola had a mortality rate of 40 , but in the end because of effective action on the part of the world health organization, the Obama Administration and resources we prevented it from spreading some less than 29,000 contracted it and about 11,000 died. Weve had other outbreaks where we are Getting Better and weve developed some relatively effective
Next, a hearing on how federal agencies are working in response to the corona Virus Outbreak. Ken cuccinelli as acting deputy Homeland Security secretary and doctor Robert Kadlec is assistant secretary of Human Services. Topics include supplychain management, sick pay support and travel issues. Specifically how the coast guard is working with cruise line. This is just over two hours. This hearing will come to water. I want to thank the witnesses first and foremost for the efforts as related to the current i guess we have to call it a pandemic at this point in time with conv19, the corona virus. I do think its important we put everything in perspective and i would ask my Committee Members to include my pretend Opening Statement in the record. But we often times. Let me rattle off a couple figures here. Ebola total cases worldwide ended up being less than 29,000. I remember in a crisis we were talking about it spreading and could be a Million People which would have been a huge problem b
This hearing will come to water. I want to thank the witnesses first and foremost for the efforts as related to the current i guess we have to call it a pandemic at this point in time with conv19, the corona virus. I do think its important we put everything in perspective and i would ask my Committee Members to include my pretend Opening Statement in the record. But we often times. Let me rattle off a couple figures here. Ebola total cases worldwide ended up being less than 29,000. I remember in a crisis we were talking about it spreading and could be a Million People which would have been a huge problem because ebola had a mortality rate of 40 , but in the end because of effective action on the part of the world health organization, the Obama Administration and resources we prevented it from spreading some less than 29,000 contracted it and about 11,000 died. Weve had other outbreaks where we are Getting Better and weve developed some relatively effective vaccines to help protect Heal
Secondly, even if we are producing okay a few hundred thousand barrels a day more, that in no way changes our linkage to the Global Oil Price and the exposure to a price spike. In fact, if anything, its both the fact that we are connected to the crude Oil Global Market and the fact that we are and i believe will continue to be major oil product exporters. We are exposed just as in that anecdote i gave about britain in 2000, we are exposed to the Global Oil Price spike and thats really the modern issue in terms of what the sprol does for us. Point being, if were allowed to compete in the Global Economy well have a more robust oil and gas industry in this country than well have if were not allowed to compete with a more robust industry were less dependent on the sprol . Again, im sorry, senator i dont its not only the eia but the other studies that have shown that by lifting the oil export ban, we not only, panned our industry we create more jobs and Economic Activity in our country so w