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Good morning and good afternoon from brussels and the 15th edition we are very pleased to welcome you secretary ofnd state Michael Pompeo for a special conversation we have hosted the secretary be for and are pleased to have him back again which is a closely watched conversation on those critical challenges on both sides of thend atlantic. Let me say a word of thanks toou our partners into all associate we are grateful to all of them also a very special thank you to the European Union and all three missions for their consistent partnership also let me say about the forum today, the secretary will make some brief remarks that we are pleased to turn this over for a conversation you have a conversation with the secretary then he has kindly agreed to take a few questions so once again thank you for being with us and brussels thank you for joining. Thank you welcome to secretary o ....
Cramer, david faber coming to you live from separate locations this morning its risk off following those onemonth highs from yesterday empire and retail sales for march were abysmal the worst on record. Below Expectations Oil below 20 earnings from citi, goldman, bank of america showed the major banks are, as expected, bracing for a wave of defaults some more than others when you look at the percentage of the total loan book at jpm and city. Jpm is the one that people decided wasnt that great. When i look at it, i think it had to do with tone. Jpmorgan, the crucial lines were something that were uttered by jamie, which were, look, may is not realistic. It will be june, july. The problem with basing everything on that is that you dont realize these banks are much more much better prepared than we thought you have a citi thats down from its tangible book value, its actual youll have multiples that are incredibly low because people ....
The speaker the house will be in order. The prayer will be offered by our chaplain, father conroy. Chaplain conroy let us pray. Eternal god, we give you thanks for giving us another day. Send your spirit of peace and calm that all might have confidence in your faithfulness to us. That no matter what lies ahead your grace is abundantly available. Now we approach a week during which all americans will gather to remember who we are. A nation generously blessed not only by you, our god, but by courageous ancestors faithful allies, and the best good wishes of people everywhere who long for freedom, who would glory in the difficult work of participative government and who do not enjoy the bounty we are privileged to possess. Bless the members of this assembly and us all that we would be worthy of the call we have been given as americans. Help us all to be truly thankful and appropriately generous in our response. May all that is done this day be for your greater honor and glory, amen. The sp ....
Caught up in this entire he vandal so the Current Governor stay with me here nominated somebody else but that person has not been confirmed yet and if hes not confirmed in the next 2 and a half hours it would then fall to the Justice Minister who then would become the governor but she has said she doesnt even want the job so right now you have a the island of puerto rico 3000000 people on this island have no idea who their governor will be just a couple hours from now and gave how will this delay in announcing a new governor go down with the protesters. Not very well at all theyre already upset theres a lot of protesters that are just waiting to see what transpires over today over the next couple hours here but i can tell you nobody here is happy were already starting to see some protesters pour into the old city of san juan to start what they say will be a protest they s ....
Way so we have several programs were in place also under an program to assist refugees that are leaving the urban setting and as i said we stand ready to assist your authority if this if we confirmed all the branches and those are being closed and the refugees orderly. In france people have been protesting against what they is say is their governments support for harsh tough french weapons were found at a military base used by halftimes forces last month he launched an offensive in april to take the libyan capital from the un recognized government the fighting has killed more than a 1000 people and forced tens of thousands from their homes. Yemens hooty rebels have for the 1st time released images of the Ballistic Missile system theyve used to target saudi arabia fighters say the medium range ball can missile is the mystically produced in yemen they say theyll continue launching attacks until the saudi u. A. E. Coalition stops ....