Check in now so what the audience can understand what you were saying is last year around june of july of 29 you asked royce of gold money dot com how on earth negative Interest Rates could ever exist because never in history had that happened and he said the one thing it could possibly be suggesting is huge decline in population whether through choice that people just decide not to have children or a pandemic then it would make sense you know a lot of our system is quite massed up and we just refuse to where we have so many sunk costs right that we cant really change course the globe is orchestrated with the infrastructure of finance and banking and geo economics and globalization and trade is all engineered for just in time so theres a kind of inertia that happens when Something Like a black swan arrives like a pandemic and we all are just sit there waiting for something to happen or for it to go away because the system cant deal with it so were going to look at some interesting stuf
The World Health Organization do not advocate lockdowns as a primary means of control of this virus he the reason why he says that is because they predict a doubling of the poverty rate in the next 12 months and a doubling of childhood malnutrition so there are costs to our ramshackle lockdowns and our failure to stop this pandemic right there is the population as the negative Interest Rates for forecasting you know in summer of 2019 but see what youre describing there what thought that came to my mind is that we in the United States and other countries dont do nuance very well its always very good right wrong stop go in its not very subtle and there are no shades theres no described. Theres no self autonomy and i think were going to Start Talking about masks here in a 2nd and the thing about it is that there is an element of commonsense to it that is being completely overlooked because its not something that can be dictated to in a purely by a mary black and white fashion and in. That
Is no existence, a marine layer anywhere across the bay, it is Crystal Clear as offshore winds begin to kick up pushing any chance of fog are moist air. Well offshore red flag warnings as i mentioned are already in effect for upper elevations of the Santa Cruz Mountains all of the inland east bay and almost all of the north bay until you had a right to the immediate coastline. Now these will be in effect from friday this or wednesday this morning through friday morning at 11 00am winds gusting as high as 45 Miles Per Hour which is the additional factor here on top of the already dry and warm weather weve seen this week that is sparking up this potential of a fastspreading wildfire. Now winds are already breezy this morning but by no means at our wind is just yet. Winds about 10 Miles Per Hour for much of the north bay at this point well continue to pick up into the afternoon by 03 30pm Vacaville Atlas peak looking at winds gusting from 20 to 30 Miles Per Hour peak, wind gusts and early
Market up 12 points, the nasdaq up 42 but the dow down 27 and it was wound and turned down to stocks, intel as well as american express, dont miss on earnings, revenue from intel datacenter, customers disappointed, what are the issues plaguing the company and mainly only intel, rival imd closing 3 higher, it mistreats estimates for capital one arrival card issuer, not that one, rally today, we have encouraging news on the coronavirus, not only gilead remdesivir with the first fda approval, but astrazeneca will resume the vaccine trial right here in the u. S. , it was good news but not good enough to raise the losses for the week, lets take a look the dow and s p 500 down for the first time in four weeks, the nasdaq down in five weeks, each off about 1 . Apple, not helping out, even though the iphone 12 is on sale, the cameras, faster chips, some of the models will start shipping today, i dont know if you have any interest, investors did not seem to buy apple today. Jackie thank you so
Equitable and effective Global Distribution of vaccines. This conversation is part of a series, global inclusive recovery and rebuilding which was developed with the aspen into institute in word joining the global interveners group in this effort to present the presentation today, we are very honored that Elizabeth Cohen of cnn is leading the conversation and as a reminder and we are happy to get to the questions as part of the conversation. Thank you all and welcome elizabeth. Thank you so much im so glad to be here with all of these wonderful panelist that we are going to have with us, nearly ten months into the outbreak, covid19 is exposing equities and Healthcare Systems worldwide in hopes that the vaccines will really change things because right now this virus has killed more than a Million People worldwide and its infected more than 44 Million People, millions have been left without work and economy have been left many in terrible shape. , how do we ensure a Vaccine Development D