Protecting vital defense supply chains perspectives from congress and industry. I am a Senior Research fellow at the Heritage Foundation and it is our privilege to host you this afternoon. Defense supply chains are a complex network of firms and Industrial Facilities which design, build and maintain defense items. Its hard to fully quantify just how critical they are to the u. S. Nasa security, and they are at risk. So the defense programs depend on chinese suppliers for key items and others rely on suppliers that are located in Foreign Countries who do not share americas interests. And still there are others that rely on america small suppliers, Small Companies that are struggling to stay in business right now with covid. Theres bipartisan consensus that the risks to our defense supply chains are facing must be confronted but, unfortunately, there is no consensus on just how to go about doing that. To help of us understand te priorities and issues involved we have three great experts
The evidence, or is going to run away with the evidence. But could have destroyed the evidence i couldnt destroy the evidence, because the evidence is exculpatory, it proves the president and i are innocent. Its like projections, theyre committing the crimes. Projection. Rudy giuliani said the Search Warrant were based on suspicions he illegally lobbied for an ukraine international, something he claimed he never did. But this morning the New York Times added critical details to the reporting. The times reports the investigations focused on the circumstances surrounding the firing of the u. S. Ambassador to ukraine, Marie Yovanovitch, back in 2019. Key question, what did giuliani do or say that might have contributed to her losing her job . Was he acting on behalf of his clients then President Donald Trump or ukraine officials . While all of that was going on, were learning the fbi was warning giuliani he was the target of a Russian Campaign to spread lies about thencandidate biden and
Gyms theaters, for about a month. Were following all of that. We have fox twist Business Team coverage. Grady trimble, in chicago. New restriction being imposed. Edward lawrence on the tech hearing in washington. We have to first hear from Ashley Webster with the market selloff. What a day. Ashley all proving to be a toxic formula for the markets as Investors Cash in and the vix fear gauge hitting the highest level since midjuly. As you just said, connell, the dow, the s p, the nasdaq all down 3 1 2 on the day. We saw a little extra selling heading into the bell. Maybe that news out of france, adding to germany on a national lockdown. May be a lockdown light. Never the less, businesses will be closed, that having impact. Shares of hotels, airlines and cruise lines all hit hard as covid fears grow for the economy. Check out the airlines. American down 2 1 2. Delta 3 1 2 . Southwest four 1 2. So on and so on. Jetblue down 6 1 2 . As for the cruise lines who just cant buy a break like the
Thats now making ventilators. But is it enough and will they get to sick patients in time . And reading the room. Levar burton on the solice in reading books at this time. First, heres todays eye opener your world in 90 seconds. This san allout military operation that weve waged. The president warning americans to brace for a big spike in coronavirus fatalities. This next week is going to look bad because were still not yet at that apex. This is going to be our pearl harbor moment, our 9 11 moment. The coronavirus is truly vicious. British Prime Minister Boris Johnson is now hospitalized a week after he tested positive for coronavirus. Its a big move going to the hospital. Thats a big thing. Hes a great gentlemen, so i just hope hes okay. Queen elizabeth gave a special address from her residence at windsor castle. It offered words of comfort. We will meet again, but for now, i send my thanks and warmest good wishes to all. Nba champion kobe bryant will be inducted into the hall of fame
And community, we had a chance. They said they often worry about the traffic around here because some People Choose to drive a little faster than they should and traffic, of course, picks up at 7 00 in the morning or thereabouts while people are trying to get to and from work on these busy east county streets. Once again, they want to remind everyone, please, school is back in session, as you can hear behind me. Please drive carefully and Pay Attention because young people may be crossing the street in front of you some time soon. Live in brentwood, eric thomas, abc 7 news. Eric, did School Officials school this incident with the students . They could understandably be really shook up . Reporter i asked dr. Dana eaton, the superintendent that question as well. He said they directly told students who share a class with the young girl, told them about what happene oer unli to anhoee it today. Keep the counseling available for as long as it is needed. Eric thomas reporting. Thank you. Her