Live Breaking News & Updates on Goldman Sachs Asia
Stay updated with breaking news from Goldman sachs asia. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
the death toll from a massive explosion in the chinese sport city jumps to 44 according to state media. hundreds more are injured as shockwaves destroy a vast industrial area. china s central banks reassured markets about the country s currency. it says a strong economy, sustained surplus and ample exchange reserves give strong results to the exchange rate. they also dismiss speculation of a possible 10% for the currency. it weakened for the third straight day as the pboc lowered it s range yet again. however the gap between the guided rate and traded rate has narrowed. repercussions of china s move to devalue it s currency a big topic of discussion and the negative impact on exporters. however some are taking advantage in the drop of prices. we are up 150 points. the u.k. index, ftse 100 up 53 while the french markets are seeing a gain of 86%. been close to 6% off of two previous trading sessions. so not entirely surprising to y today. let s discuss what this m ....
service in washington, moscow and the united nations. to his right, the policy director for the norwegian ministry of defense. he served as director general or security policy director for the norwegian defense since 1995 and in that capacity really became known as the father of nato security policy. it s a delight to have you with us. he also served at nato headquarters and is one of the architects of this project that we re working on. and the director here at the atlanta council who will speak about the terms in the cyber realm. he served as a policy director at the white house, as executive director at goldman sachs asia and u.s. air force intelligence officer in the recently published a fierce domain, terrific history of prior conflict in cyberspace. so with that let me come back to you to kick off this discussion given the world that fred laid out what is the relevance of the meaning of deterrence as we look into the future? thank you for the easy questions that ....
better job in explaining why it is important that nations who would like to be taken seriously in the world require military capabilities to be partners in the larger endeavors that confront us. but let s be clear. it s not clear that in this country there is the kind of support we may need for defense spending at large, and it is definitely clear there is no support or no knowledge for nato. much of our parliamently our congre congressmen and senators don t know much about nato. most would be surprised that nato continues not only to run the afghan mission but have between a third and a half of the troops there from european countries. so we have done not a particularly good job of explaining the importance of nato to our own security, to our own to what it is that europe and nato contribute to what we do day in and day out. so before we start lecturing our european friends about how important it is that they go out and tell their parliamentarians how central nato ....
important it is that they go out and tell their parliamentarians how central nato is and defense spending is, we have a job to do here ourselves. our interim general scocroft that when we re thinking here how to engage in capitol hill that narrative. i ll take the woman in the back. thanks. my name is trina flocrant. while in washington i m at the trans-atlantic academy. what you said about the nato issue is music in my ears. i just wish it had been said by the defense and deterrence program or defense and deterrence posture review what s going on. because one of the things that was very apparent during that time was the silence from and i know that you as ambassador could probably not say what you said now, but from an american perspective, there was very little said to actually push the europeans in that direction you just outlined. i can say this because i m a european. i think without the americans taking the lead, and quite frankly, lecturing and pushing the ....