Some who are so great to have you with us in our number 3 years on the moscato im so if you think its merely to an obvious since i saw you last time. And we had quite a discussion and seen peters work on the International Economic forum that but wow now im trying to condense what its time to really rethink and reevaluate everything in life so im going to go straight in and ask you that the world right now is so divided over the code 19 condemning there are some that say that its just another condemning condemning this and current ones in every century for humanity to source purify itself and there are others who really believe that this pandemic is some sort of a lesson to teach. And to sort of make us reconsider our future. Where do you stand. If your neighbor and i say. Maybe youll think its beautification or a lesson to learn but if you die on your children i have somebody merely or dies i dont think you will think this is a lesson or beautification thats a very cruel way of looking
Time now for the global exchange, where we bring you todays market moving news from around the world. From hong kong to jerusalem, washington to new york, our bloomberg voices are on the ground with todays top stories. In israel, Prime Minister Benjamin Netanyahu is facing a rare challenge to his lead. I am not sure i would see this day come. Reporter that is very true. Significant. Be it would change israels Political Landscape for the past kud itss and give the li first win in 20. They would have a better chance of forming a government after the third election of the year come march. David thank you so much. To turn to commodities. Oil is extending its gains as u. S. Inventories decline and optimism over a partial u. S. China trade deal grows. Youre right, those are the two drivers hitting oil this morning. Broken throughe a level on trade deal optimism, partially on risk assets. The santa claus rally really helping oil out. Another big story is the inventory decline. If it is confir
Extended period to get. I call this joint hearing of the power Projection Forces of the House Armed Services committee to order. We are here in honor and memory of the 7 uss fitzgerald sailors, shiancoe douglas, xavia martin, hsubien and the ten uss john s. Mccain sailors. Jacob drake, Timothy Echols, john, cory ingram, abraham lopez, Kenneth Smith and logan palmer. And we are very grateful that today we have miss rachel. Miss echols, we send our deepest sympathies and profound sorrow for your loss and appreciation for your sons service to our nation. I want to welcome members to todays hearing. I want to especially recognize that we have with us the committee chairman, thornberry, part of ongoing efforts to eliminate our military Readiness Challenges and thank him for leadership and being here today to hear about the challenges illuminated by the tragic collisions in the pacific. I also want to have a warm welcome to elizabeth from connecticut and congressman rodney davis from illinoi
I call this joint hearing of the subcommittee of the house of Armed Services committee to order. We are here in honor of memory of the seven uss fitzgerald. Enate sailors and the 10 uss John S Mccain sailors. We are very grateful we have a mother here with us today. We send to you our give his sympathies and profound sorrow for your loss and appreciation for your sons service to our nation. I want to welcome our members to todays hearing. Recognizeespecially that we have with us the committee chairman, donald mac thornberry. He has been the leader of our ongoing efforts to mitigate our military Readiness Challenges and i want to thank him for his leadership and for being here today to hear about the challenges in limited by the tragic collisions in the pacific. To send a warm welcome to congresswoman Elizabeth Este from connecticut and congressman rodney davis from illinois. That ananimous consent member not a member of the committee be a lot to participate in todays hearing after all
Suvayan. And the uss john mccain sailors. Were very grateful that today, we have ms. Rachel echols with us, we send you our deepest simp sympathie sympathies. And i want to especially recognize, we have with us the committee chairman, chairman thornberry. The leader of efforts to mitigate the military Readiness Challenges. And i thank him for being here today. I also want to send a warm welcome to congresswoman elizabeth estes. And full Committee Members have had an opportunity to ask questions. Is there an objection . As we begin todays unkplaclassd hearing, i have no doubt that our navy remains the most powerful in the world. But these recent tragic events only reinforce our committees concern about the challenges the navy faces. Im especially concerned about the shortfalls in the structure and whether the tempo of a reduced 277ship navy may have contributed to these events. I also believe that the first responsibility of the National Government is to provide for the National Securit