Contamination issues and other problems but i think we have not been aware that there has been this systematic issue, a major change in the system that manufacturing and deliver pharmaceuticals. The implications of one country controlling the supply of medicine is astounding, no matter what state we are talking about. Think aboutng it. What if there is a Global Pandemic and it is hard tot loe move products across the world. What if there are heightenedns tensions within the South China Sea and everyone could be vulnerable and everyone could be put at risk. The role of the fda in this situation cannot be overstated because the fda cannot be effective in ensuring the safety of the medicines in the farflung regions of the world as a can at home. Many of us are not aware of the face to face contact that the fda has with those who are manufacturing our drugs. The inspections that they conduct, they are very handson and involved a major that the manufacture of drug can stay safe. They have s
Is david asman. Joining me on the panel gary, zachary liz. Attended christine on the Stock Exchange. Was it the Oil Price Crash that set this all . Reporter several factors, one has to revolve not necessarily the virus itself but the panic around the virus as well as oil, it is so difficult to price and the Economic Impact and what the virus is going to do to companies acrosstheboard which is why you sell the selloff today and we have a Circuit Breaker halt all markets when we saw it fall down 7 . That helped liquidity but using acrosstheboard everything over 7 lower for the day. Oil hitting a low we have not seen since 1991 and that really did hurt shale producers across the country across the globe and it shifted investors to move their money into safer bet like ten year treasury bond and thirtyyear treasury bonds. We saw the ten year drop to 31 basis points, that is 0. 319. Not even percentages anymore. And the same thing for the 30 year yield, it fell below 1 . These are numbers we
Charles President Trump says china wants to make a trade deal. Need as deal with the united states. These comment coming earlier at a press conference at the end of the g7 summit. President think as deal with china will be made. Hillary vaughn at the white house with very latest. Hillary . Reporter china calmly wants to make a deal with the u. S. And President Trump said today he wants to do the same. China indicated theyre ready to go back to the negotiating table to restart the conversation. Treasury secretary Steve Mnuchin also confirming that talks between the two trade delegations will begin soon. We appreciate the vice premier liu he, his comments that he just came out with and we look forward to continuing our discussions with him. Ambassador lighthizer and i will continue those shortly. Reporter telling fox newss john roberts, he thinks china is sincere, theyre under pressure losing jobs and rising tariffs. China may be able to avoid extra 5 hike on 550 billion worth of goods b
Shee desperation in gaza city today and the tiny window of hope. This crush is to get a few kilograms of flour. Most dont manage it. There is nothing to eat or drink, she says. Children are dying. There are massacres when planes drop aid and people die. The eu says israel is provoking famine and has turned gaza into a killing ground. Gaza was, before the war, the greatest open air prison. Today, its the greatest open air graveyard. A graveyard for Tens Of Thousands of people. And in that graveyard today, another round of battle this time at al shifa, gazas largest hospital. Teaming with the wounded in these recent pictures and home to many seeking shelter. Now the israeli army is back again, hunting hamas, it says. Soldiers shot their way in overnight, claiming they came under fire. Doctors told the bbc three patients died because the electricity was cut off. The idf is conducting a High Precision operation in limited areas of Al Shifa Hospital. We know the senior Hamas Terrorists have
And the administrations plan to ease regulation. Have a look at european equities, a different color on the wonderful gmm function. Yesterday this was a sea of red. The biggest increase for europes benchmarks is stoxx 600 since april of 2017. The gauge is rising for the first day in seven. We saw a big decline yesterday of the magnitude of 2. 4 , to the love was level since the end of august. Oflowest level since the end august. Currencies falling against the dollar, bond yields declining and the german tenyear is higher. Lets get to some of the earnings, profits fell more than expected last quarter from a company that lost patent protection when its blockbuster insulin, the impact from recently made acquisitions. Billione more than 16 of deals last month and shares down 1. 5 . Rio tinto with shares up 9 10 of 1 , the number two minor. It raised dividend payments. It says it will extend a Share Buyback program, responding to a request from shareholders like blackrock. Underlying profit