That gives away software for free, trying to build the ofernet into the Library Alexandria for the digital age. Peter that sounds like the internet, doesnt it . Brewster the internet is getting there, but the average life of a webpage is only 100 days before it is changed or deleted. Peter 100 days . Brewster so weve built our culture on ever shifting sand. The archive takes a snapshot of the webpages on websites every two months. Snapshot, snapshot. Its been doing it since 1996 and offers it as a free service of the way back machine on archive. Org and it is used by hundreds of thousands of people a day. All of these things have disappeared either maliciously or sometimes just they drop off the net. Peter how many websites are there today . Brewster hundreds of millions, and they are coming and going all of the time, that we collect about 800 million pages every day. The total collection of about 800 billion urls. It is kind of huge, and it turns out that is only part of what we do. W
Fed funds rate the chairman talking about the action and admitting that the cut may not be a cure yall, so to speak we do recognize the rate cut will not reduce the rate of infection or fix a broken supply chain. We do believe our actions will boost our economy. Avoiding a tightening of the conditions that will help boost household and business confidence. Then stocks whip sawed with stocks ending down yesterday, the yield dropping below 1 for the First Time Ever take a look where we stand now at. 94 as we speak quite a bit lower quite a day. You want to get ahead of these things but can you we were up 1,300. I know. Im not listening actually i do want to know your predictions. He would shave to do it at some point i think there is no winner here exactly if they didnt cut, you are skpengting why didnt they cut and the markets go down . What do they know nobody else knows. At this point, it is pure insurance trying to loosen liquidity. You look at people looking at mortgages. I locked i
With the managing director of the International Monetary fund, who spoke at the annual wall street journal ceo council. She is the managing director of the International Monetary fund speak at the annual ceo Council Meeting in washington, d. C. Give us a primer on the u. S. Economy talking about the international economy. Kristalina georgieva is the managing director of the new chief of the imf. Lets see what her prognosis is for markets outside the United States. [applause] happy to have you here. Lets get right into it. We had an upbeat view of the us economy and complaints about the global economy. Lets start with the u. S. Despite everything we have seen a slowdown in us growth this year and a slump in manufacturing, decline in business investment. From your perch, what is your outlook for the us economy in the coming years . The us is in a good place. People in this room have contributed to that, the longest in history, expansion, lowest in the last 50 years. To see that wages, an
Through a number of judges. I am going to be a little bit limited in that. I have to give my presentation and not go through the questionandanswer, and i almost would have rather flipped that because the question. Question period is more important. I appreciate this opportunity to speak and i hope to continue the dialogue because the issue is the issue of our time. I will talk about u. S. China relations and maintaining the United States competitive edge. There is a widespread understanding that addressing a rising china is the great Foreign Policy challenge of our time, so this could not be a more important time or more important conversation. I believe we can and must retain our leadership and Global Competitive advantage by erasing those defining characteristics raising those defining characteristics that have made america the leader of the world. Rights, diversity, human , and ultimately the rights of an individual, especially when those rights come in conflict with the government.
Your cell phones on silent. If you want to post anything on social media please tag politics prose and gw events. I am the partner manager at politics and prose and want to thank all of you for coming out on a vent we are out with George Washington University Joint venture also to bring jim mattis in conversation tonight. First a few other Exciting Events coming up in partnership with gw september 11 we have an event with Malcolm Gladwell it is a live recording of a podcast on npr on september 12 and james comey on september 16 septembe september 24 we will discuss the year of the marquis. We hope to see you at some of them this month. Secretary jim mattis a Pacific Northwest nave it is serving for decades at the marine infantry officer following two years of secretary of defense he returned to the northwest and is now distinguished fellow at the Hoover Institution at stanford. Callsign chaos is the account of his career through wide ranging leadership roles in three worst ultimately c