Of business. 2020 marks a special year, our one hundredth anniversary and we are celebrating 100 years of purpose driven business education. Since our inception we believed in the power of partnerships to inform and lead change. I would like to thank the center for Global Security analysis and our wonderful partners, the museum of American Finance and cfa society of new york for cosponsoring the conversation. One of the goals of the centennial series is to shine the light on the importance history plays on shaping the future. In shennette garrettscott at latest book banking on freedom black women in u. S. Finance before the new deal she explores the rich period of black financial innovation and its Transformative Impact on us capitalism. Todays session will take place in 3 parts. First my colleague and friend david cowan, president and ceo of American Finance will introduce shennette garrettscott. Then she will discuss her book banking on freedom black women in u. S. Finance before the
The stoxx 600 up by 0. 7 . It has not given up gains of yesterday. The ibex continues to outperform. It has been one of the most beaten up during the covid crisis. The s p is down by 0. 8 percent. Crude is still up, trading at 42. 82. This demand expectation goes handinhand with the travel story, but crude stocks in europe are some of the best performers. Oil certainly gaining on a number of fronts. We continue to see what is happening in the bond market, and we watch this very carefully. I think the german bond market increasingly, certainly over the last day or so, feeling like it has been driven by what is happening in treasuries. Treasuries moving up to that 1 mark, having an effect on what is happening in germany. Interest overwith the next few days. It is only tuesday. Alix thanks for that. It was an ugly close yesterday for the u. S. As guy was mentioning, eu negotiators reaching a deal on the longterm budget, expected to add about 2 to the eus economic output in the coming year
This is bloomberg surveillance. These are what the markets are doing. U. S. Stocks and bonds closed today too today due to president s day. We are edging up a bit with buoyancy on the market on the backs of investors taking encouragement from china. They will do more to support their economy which is why we in gold down and yen down. That is a good litmus that we are on a risk on. Spoke the yousef managing director of the imf about the outlook on the Global Economy and the active the coronavirus. All hear from the interview early. First, let leanne erin. Leanne japan is it possible for sex after taking another battery the sales tax hike in the last and that economy at the low end as the coronavirus it activity drunk 6. 3 in the final three months of the year. That would be the biggest slide since the previous tax increase in 2014. Tensions between the u. S. And europe over huawei ramped up another notch this weekend. The u. S. Ambassador to germany tweeted a warning to countries that u
[inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] we recessed about to hear from mr. Castor, you are recognized for 45 minutes. Good afternoon chairman and Ranking Member collins, members of the committee and the staff, thank you again for having meto back. And giving me the opportunity to testify about the evidence gathered during the impeachment inquiry. At the outset let me say the evidence does not support the allegations that my democrat colleagues have made. I dont believe the evidence leads to the inclusion they suggest. I am hopeful that some important perspective and context to the facts under discussion today. The chief obligation as a Democrat Impeachment inquiry is trying to assess over the last 76 days is this, whether President Trump abuse the power da his office through quid pro quo, bribery, extortion or whatever by withholding a meeting or Security Assistance as a way of pressuring president zelensky to pressure the
The committee will reconvene. When we recessed we were about to hear from mr. Castor. Mr. Castor, youre recognized for 45 minutes. Thank you, mr. Chairman. Thank you for having me back, giving me the opportunity to testify about the evidence gathered during our impeachment inquiry. At the outset let me say the evidence does not support the allegations that my democrat colleagues have made. And i dont believe the evidence leads to the conclusions they suggest. Im hopeful to add some important perspective and context to the facts under discussion today. The chief allegation that the impeachment inquiry has been trying to assess over the last 66 days is this whether President Trump abused the power of his office through quid pro quo, extortion or whatever, by withholding a meeting or Security Assistance as a way of pressuring ukrainian president zelensky to investigate the president s political rival, former vp biden, for the president s political benefit in the upcoming election. The sec