U. K. Announced it will reverse its decision to work with weiwei on monday the country announced it will move to ban the tech giant from its 5 g. Network by 2020 summit Rachel Blevins joins me to break this all down rachel whats what are you paying officials saying about the move where you the u. K. Is quarter secretary was the one who made the announcement and he said that not only will the country not be working with wall way to establish its 5 g. Network but it also plans to Ban Companies from purchasing equipment from wall way by the end of this year take a listen to what else he said earlier the government agrees with the National Cybersecurity sense advice the best way to secure networks is for operators to use the new 52 to one way to prevent to build the new case future 5 networks so to be clear from the end of this year Telecoms Operators must not buy any 5 to equipment from her wallet and once the Telecom Security bill is passed it will be illegal for them to do so. Now this
With the dow gaining 6. 8 there has been some controversy about that too explain whats going on behind the numbers. In terms of how many jobs have been lost during the pandemic. Its fifth positive session. Its been up five sessions in a row. Its indicated higher and the 6th day of the week. That was up by 6. 8 . S p was up by 82 points. And then the nasdaq was up by 2 almost 200 points. The s p indicated up by 6. 5. And treasury yields and did see quite a bit of activity there too. The ten year yield picking up substantially last week and this morning its back at 0. 91 i cant remember the last time we had a ten year above 0. 8 let alone 0. 9. It could be a round number some day not that far 1 maybe cross your fingers. Oil too is almost 40. Oil looks like a bad break looks like it went down and it is such a quick one right back up and almost to the levels where it was almost prior to this the journal has the piece when the spiggots are opening here today. We have a huge show again today
Museum. Im winning interpretation here at the museum and thank you all for coming out this evening for this very special event. A few housekeeping i have before we begin let because of your wonderful old historic boarding house here in Downtown Washington we do not have restrooms available on this floor. If anyone should need to use the restroom during the course of the program please see alyssa right behind you and she could lead you to where you need to go. This is a pay what you please program this evening meaning that the conclusion will have to give and a negotiation and a Non Profit Organization and supporting the memberships and your donation will directly support the programs of education here at the missing Soldiers Office. A donation boxes just outside your way downstairs through the elevator. Now on to this evenings program. How many of you have been here to the missing Soldiers Office before . A show of hands. Quite a few of you, excellent. Who those of you having your firs
Test. Test. Test. Test. Test. Test. Test. Test. Test. Test. Test. Test. Test. Test. Test. Test. Captioning performed by vitac there are some well known differences in the current economic environment compared to past environments that make the yield curve a little less of an indicator. The probabilities are pretty high. If you take the unjusted measure, and the other financial variabilities, a year from now, the Second Quarter of 2020, the probability of recession is roughly twothirds. If i make an adjustment, its still high, its not far away. The shaded bars represent recessions. Every time this measure goes over 40 , weve had a recession. And theres a lot of more fundamental reasons to be a little nervous about whats going on out there and why recession risks are high. If you look globally, a number of Major Economies are already in recession or pretty close. Germany, italy, the uk, brexit is complicating things for them. Mexico, brazil, singapore, its small but most open economy on
The oversight committee. He address Election Security and fbis response to domestic terrorism and white supremacist violence and other topics are chinese espionage and threats from an official. This is just under three hours. [inaudible conversations] [inaudible conversations] come to order we appreciate you coming over director ray we will try to get out of here by 1 00 oclock you have an agency to run and if there is any cleanup we will try to accommodate. Very briefly the oversight hearing comes at an important time even though there is no evidence the russians change the tally of the 2016 election they exceeded their wildest expectations or interfere with the 2016 elections. All of us are very interested in what we can do to make sure this doesnt happen again in 2020 and after what china is doing section 2015 authorities are about to expire to hear from the director what that means to the country with a pfizer warrant investigation we that is coming also media leaks at the fbi. Hav