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Jcpenny and nordstrom reporting. Expected in just a few minutes, well be bringing to you. And pixars new films. First up. Lets talk about the markets with david rosen berg, the chief economist at gulskenshef. Good morning. Put the weekend into perspective. We have macro numbers today but still the discussion remains even though there was a quiet overnight in china. What theyre trying to do and if its what weve been asking them to do for decades. You know whats interesting . Everybody talks about how it comes as a surprise and practically every Economist Says ive been calling for this all yearlong. I think this is not a repeat of 1994 when china devalued 30 and ultimately touched off the asian crisis a few years later. This is more strategic in the sense that really the bigger story is not really the devaluation but the move to allow Market Forces to play a greater role in dete ....
We will have you got it. You are well prepared. I can tell. You are an excellent member of the United States navy. Thank you. We will follow up with you. [applause] we will follow up and i will make sure that we have good information with from you and to discuss with you. Thank you. [inaudible] [laughter] [applause] ms. Clinton you know i just knew that there was something i saw in you when you stood up. Well get it done. Thank you very much. My goodness. Wow. That was great. Thank you. Yes, maam, right here. I hear a challenge and i think that is wonderful. You look great, by the way. My question is for undocumented children who graduate from high school, go to accepted at college but then they dont have any they are not capable of getting any kind of aid. Do you know anything about this . Ms. Clinton yes, this is a problem that we have got around the country. Some states are beginning to deal with it. They are beginning to offer ....
Host first, this hour, an historic day in havana. The United States has reopened its embassy in cuba more than 54 years after it shut its doors and after the two nations have restore diplomatic ties. The flag raising ceremony was led by john kerry, the first u. S. Secretary of state to visit cuba in seven decades. Stripes were raised by the same marines who lowered to the flag back in 1961. Joins us thisent evening. This was a symbolic event, today. Oneespondent definitely led by a whole pride file high profile delegation. John kerry gave a speech from the u. S. Embassy grounds in havana. He spoke in the native language, telling cubans that the roads to full reconciliation certainly remains long. He said they should not fear but great things are expected on this path to reestablishing diplomatic ties and working things out. John kerry even going so far to quote the revolutionary poets,. Uban revolutionary poets lots of symbols and ....
The workers work for us and you have no real ownership stake other than 20 . And there are no contract second contract rights. I dont think it will be as quick as people think. The initial bump his travel and remittances. Some minor investments but not major investments. I am in favor of any policy that brings about change in cuba. I will tell you today that what the president had done had been in exchange for concrete promises by the cuban government. We will begin to do this and that. I would be uncomfortable with elements of the deal but it would be harder to argue against. Understand this arrangement. We are going to do all these things with cuba. We will open up all these things were willing to do with cuba. Cuba says, thank you very much. We still want you to pay reparations and were not going to change a single thing. They have said that to their own people. They have rounded up over 90 dissidents, some of them wearing barack obama masks. If they want to continue down this path, ....
Are we going to embrace it, or ignore it and get left behind. The world is teaching, but it still requires american leadership. In the absence of leadership, that leads to a vacuum and that leads to chaos. We never asked for the job of being a global leader, but fate has given it to us. We must accept it or the world will become a darker, more difficult place to live in. In the absence of leadership, there is no one to take our place. It makes the world more dangerous. [applause] [applause] within that inspirational closing, we should let senator rubio get on with the rest of his day. He will be on air and less than 10 minutes across street. Lets please let senator go out. [applause] everyone stay seated. Thank you very much. [applause] we ask again that you remain seated so that the senator can make his way out. I want to thank the senator again for sharing his time and views with us. [applause] [applause] and of course thanking all of you for joining us. Have a wonderful day. There w ....