Halston, 12. 5 . San miguel withdrew its tender officer for the company as the timeline ran out. Ayala down. 31 . The overall composite half a percent higher. Lets move things along and get to new york and look at some of the first word news. Global Coronavirus Infections continue to rise and now top 4 million with jess at about 280,000. The u. S. Has by far the most cases and fatalities with 1. 3 Million People infected and almost 79,000 having died. The virus was first reported in china and beijing has confirmed about 83,000 cases with just over 4600 fatalities. Saudi arabia says it is planning to cut spending and triple vat to 15 as it looks to offset the impact of the virus. The finance minister says the pandemic combined with Falling Oil Prices has cut revenue input and president and pressure on the public purse. The kingdom reported its biggest surge of new cases sunday, rising to almost 39,000 confirmed infections. To apply more powerful stimulus. The pboc were released a quarte
Singapore and malaysia doing pretty decent. Aligned coming from apple daily. Hong kong has found a third a gym. Irus links to if my memory serves me correct, this is the paris gym. It is slowly making its way into the second week. This,s talk more about italy has had more people died than any other nation including china. Stephen. Bring in he is doing his best to keep abreast of all that is going on. We heard a lot of headlines. What has been announced in california . Has basicallyr ordered everyone to stay home. They want to control the outbreak and the governor actually saying that the outbreak and infections could of thepwards of 56 population of california. Last year they had nearly 40 million residents, 20 million infections is what the governor is saying. We had a separate order with the mayor telling people to stay home. Heels of san the francisco and the bay area being on lockdown, so it looks like a lot of the local governments and federal governments are taking this much more
And any barriers to goods and workers should now be removed. U. S. Business is pleading for help as demand and production fall. The president calls says that china will pay. Shery we are looking at how markets are trading. U. S. Futures are under pressure after we saw the nervous rebound in the trading session. The s p 500 slipped between small gains and losses. We have energy in a discretionary stocks leading the gains. We actually saw the nasdaq composite really rising more than 2 because of bargainhunting going on. Twitter andtesla, netflix as well. So we have seen a little bit of upside, especially the energy sector. Take a look at what oil. Is doing it just hot its best day on record. In fact, climb back most of the clawing back from most of the losses we saw earlier in the session. We are coming back from the lowest level in 18 years. This has the president said he would get involved at the appropriate time in the state of between russia and saudi arabia. We have seen the u. S. G
my name is michael anderson and i m the board director here at the atlantic council. on behalf of the our center for strategy and security and for defense practice, i would like to welcome you to this exciting second installment of our 2022 series, a conversation with secretary christine wormuth on the national defense strategy. thank you so much for joining us today. when the atlantic council launched the series in 2009 our vision was to establish flagship speakers for the most important security challenges now and in the future. this series has been useful for defense companies like us to help us better understand challenges and priorities in order to inform our investments and partnerships, particularly when it comes to research and development, better preparing ourselves to meet huge research capability needs. today s event is the second installment in 2022. last year we were honored to kick off the series with a discussion on advancing army priorities with john whitley a
my name is michael anderson and i m the board director here at the atlantic council. on behalf of the our center for strategy and security and for defense practice, i would like to welcome you to this exciting second installment of our 2022 series, a conversation with secretary christine wormuth on the national defense strategy. thank you so much for joining us today. when the atlantic council launched the series in 2009 our vision was to establish flagship speakers for the most important security challenges now and in the future. this series has been useful for defense companies like us to help us better understand challenges and priorities in order to inform our investments and partnerships, particularly when it comes to research and development, better preparing ourselves to meet huge research capability needs. today s event is the second installment in 2022. last year we were honored to kick off the series with a discussion on advancing army priorities with john whitley a