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The chair of the House Foreign Affairs subcommittee on asia, the pacific, and nonproliferation provided an update on Global Cooperation during the coronavirus pandemic. California congressman ami bera talked about the council how countries can Work Together to address the pandemic. Minutes,e next 25 congressman bra and i will discuss the post covid world order, and then we are going to open up the conversations to questions from our members. Thank you for joining us today, congressman. Thank you for that introduction. Certainly i want to thank the council for this opportunity. When you look at the list of participants, there are a lot of people that we use for contact expertise. Im sure we will have a lively discussion. Lets get started. Since the outbreak of the covid debatec, a fascinating has emerged about t ....
Discussion. Great. Lets get started. Since thesi outbreak of the covd pandemic, a faceting debate has emerged about the potential impact of the coronavirus on the global order. Some experts are maintaining the virus will have a transformative effect. For example, doctor Henry Kissinger has written the world will never be the same after the coronavirus, andy ward that the pandemic could up in the global order. And then there are people like professor joan i who contends that the pandemic is unlikely to be a a political turning pointd he believes many aspects of globalization will endure and suggest despite u. S. Mishandling of the pandemic that the balance of hard power and soft power will night shift fromm the unitd states to china which is of course part of the debate. Id like to start with a broad question. Do you think, congressman bera, that the pandemic will affect the global order inconsequential ways . If so, how . I certa ....
You know neal hello and welcome. We begin with breaking news from beirut and then tense standoff is developing in the lebanese capital where theres an eye pouring of grief and anger over tuesdays deadly explosion Security Forces have used rubber bullets on tear gas to break up crowds calling for officials to be brought to justice. 6 for all the. Fast moving developments today in the past number of hours protesters storming of several government buildings and a group took over the Foreign Ministry building missing their flag and declaring it the headquarters of the revolution and they have since spain driven by heavily all the security steps. That we were coming back to the property so far were people in these building belongs to the people of lebanon. We went to martyr square to sort of gallows for those who did this to our country today will hang news of this and we will ....
World order and we will open up to questions from members. Thank you for joining us today, congressman. Thank you for that introduction. I want to thank the counsel for this opportunity. When you look at the list of participants, there are a lot of [indiscernible] lets get started. Since the outbreak of the covid debatec, a fascinating emerged about the potential impacts of the coronavirus on the global order. Some experts are maintaining that the virus will have a transformative effect. There are people who contend that the pandemic is unlikely to be a geopolitical turning point. He believes many aspects of globalization will endure despite the u. S. Is handling the u. S. s handling of the pandemic. Frompower will not shift the and United States to china, which is part of the debate. I would like to start with a broad question. Do you think that the covid pandemic will affect the global order in consequential ways . If so, how . T ....
Brokered. Weekrude about 13 on the but we cant go without pointing out we are down about 50 on the year. The dow, the nasdaq, the s p down roughly 1. 5 on the day. The big decline or is really the russell 2000. A lot of concerns about what the smaller and Midcap Companies are going to fair. We also saw a selloff in the financial space. The bank index down about 4. 8 on the week. We should also point out, on the weekly gains and losses, the only three sectors that managed to close with gains this week was energy, consumer staples, and health care. Also up about 2 , scarlet. Scarlet it is interesting how weve seen the gains that initially came at the open disappear pretty quickly. For all the talk that the data is backwards looking, the fact that it is friday and we have so much uncertainty i had of us with worsening numbers presumably means that investors dont want to be long heading into a weekend. Now all eyes are looking towar ....