We can achieve together. Let me thank you again for all of your being here. An evera. I. D. Is evolving institution. For too long, it has been viewed as the u. S. Agency for foreign assistance. Theas long since abandoned notion that the solution to development is assistance alone. Trust me assistance is important. Im cramming for my first Budget Hearing and i will make a very strong case. But weve also learned that how many dollars we spent is measure of our commitment nor the means by which we measure our success. Because we have adjusted to a new landscape. Founded 50i. D. Was years ago, donor governments were responsible for three quarters of all finance flowing to the developing words. No we account for less than 10 . U. S. A. I. D. Is acted on the fact that it take multiple streams of capital to finance sustained development and we can make much more of our system as the senator has said. We are making smarter investments with our assistance, leveraging private capital and support
Financial position of our company it is a noncash event. Janet yellen says theres a live possibility of a december rate hike as the french bank has offset volatility around central bank policy. Based on the monetary policies regarding the fed, ecb i remain overall positive for 2016 in particular for the europe and equity asset class and especially if, as we think, we see a further improvement of the economy. British oil and gas Services Firm amec loses a fifth of its value after slashing its dividend and increasing its cost cutting. Good to have you with us today. Lets kick off the program on break news on Monetary Policy since we have been listening in closely to janet yellen and her testimony on capitol hill yesterday. Norway which surprised holding steady. So the norwegian Central Banks and key policy rate is unchanged or holding at three quarters of 1 . Last time around they surprised the market by cutting Interest Rates. What are we looking at . Strengthening back on the back of t
The. Who was Simon Schuster . Guest well they were max shuster and simon and they were two gentlemen who were friends with one another and we back in 1924 they decided to start a Publishing House on their own. They have been working in Publishing Houses but felt they could begin on themselves so they did. They set out one day and they rented a space and put up a sign that said Simon Schuster publishers. Host would they recognize what you do today . Guest know i think they totally would. Some of what is really interesting when you read through the history is to realize how many things go in circles and what is old becomes new again. They use as an example the reason they would recognize what we do today namely its because the job of the publisher has not changed at all which is defined great work. Depending on what kind of work it is and then to find an audience that commits that audience to buy it. We have always been the conduit between the artist in the consumer and that has not chan
John thanks for coming out again, i want to see you coming every 6 months we need those discussions and ill say it like it is ill say a commission now, you know, weve got a lot of tough issues facing us and i couldnt be working with a better group of commissioners even with the seal rise weve got to show true leadership open which way to take our waterfront in the city you said even with transportation and things like that that requires coalitions thinking out of the box because i know a lot of times people say seattle and new york but San Francisco has its own flare and were not no other city like San Francisco weve got to find our greatestness were down that path egg people are moving here i walk everyday back and forth to work and see all the New Buildings in the city people are coming here were laying out the future weve got to determine what kind of future the average age is 27 years old the whole city is trovrmdz i know people like the things as we were people buy into the atmosp
Example senior officials and cabinet members were talking about a new model of great power relations with china. A phrase that is not popular among allies because in the chinese formulation of a new model no other Asian Countries a great power. The administration appears to have dropped that. We have an article coming out in washington quarterly next week that catalogs all of the descriptions of the pitted on rebalance in every major speech on it from the administration and their stars are listed three of four priorities. I wont read them all but they change every time. Most recently secretary kerry said the core of the pivot will be sustainable Economic Growth the Clean Energy Revolution or rulesbased stable region didnt bake security in operation. A very different list than tom donnell and susan rice. There is some confusion i think about exactly what the bottom line is. The president will be giving a speech in brisbane at the end of the trip. He usually speaks most consistently abou