In service to others in our country. All of us have a role to play in our nations response to the pandemic. At the Federal Reserve we remain committed to using our tools to do what we can for as long as it takes to provide some relief and stability and ensure that recovery will be a strong as possible and to limit lasting damage to the economy. In recent months Economic Activity picked up as the economy began to reopen. Many businesses open their doors and factories restarted production more people of their home to engage in various activities. As a result Household Spending looks to have recovered half of the earlier decline although air travel and hotel has shown much less of a pickup. The recovery and Household Spending owes to federal stimulus payments and expanded Unemployment Benefits that provided substantial and timely support to household income. In contrast the indicators of fixed investment have yet to show the recovery. Even with the improved economic news, overall activity
Of people are trapped on a beach in australia as bushfires across the states of victoria and New South Wales get worse its now the Late Afternoon of the town of balad kuta thats cut off from any help Emergency Services are preparing to evacuate people by sea or homes on the edge of moloch already burning residents were told to head to the waterfront several hours ago the town is a popular holiday destination. Weve been Running Community meetings so Everybody Knows that the system was that we activated soren into that community once were aware that that far i was about to hit the town. Early this morning and when i leave that i had oclock this morning the saw and were activated so everybody in that community that had a plan to go to the or at the bridge we are aware is the permits that some people have chosen not to take that it dos and reminding their heinz is also by the communities we wont be putting trucks into those areas i would fully briefed an affiliate with before that boy impa
I will be the moderator. Am Liselotte Odgaard i put together this panel which i think is on a key issue in d. C. And globally indeed. It is talked about a lot although there are not that many panels about the topic around town. I look forward to this discussion. I mentioned to come up for the past couple of years, there has been a lot of debate about Multilateral Institutions and on chinas influence and how that is quickly growing and leading to changes in the fundamental rules of the since to two nations and also giving rise to alternatives to the old ones. And one question that arises the is does that make institutions that we already have counterproductive to preserving a liberal world order when authoritarian states rise within the institutions . And partly take over responsibility for them . Another key issue is the one on fragile states. They seem to be continuously bogged down in poverty, lack of education, etc. Although we have spent decades on development aid, peacekeeping, et
From the Hudson Institute, this is an hour and a half. Good day and welcome to the Hudson Institute and thank you for showing up for this panel on Multilateral Institutions. Indispensable or irrelevant to global peace and prosperity. I will be the moderator. Am Liselotte Odgaard i put together this panel which i think is on a key issue in d. C. And globally indeed. It is talked about a lot although there are not that many panels about the topic around town. I look forward to this discussion. I mentioned to come up for the past couple of years, there has been a lot of debate about Multilateral Institutions and on chinas influence and how that is quickly growing and leading to changes in the fundamental rules of the since to two nations and also giving rise to alternatives to the old ones. And one question that arises the is does that make institutions that we already have counterproductive to preserving a liberal world order when authoritarian states rise within the institutions . And p
Good morning, this hear is cool called to order. I want to welcome all the witnesses and thank you for your thoughtful, written testimony and looking forward to your oral tangherlini. Id ask my written Opening Statement be entered into the record. I want to make a couple comments. About really kind of what i want to see the goal of this hearing to be. Its similar to the the goal of every hearing is a base account problem solving process. This committee under my chairmanship developed a a Mission Statement to enhance the National Security of america to promote more effective and accountable government. The reason im pointing it out today is i cant think of a hearing that that Mission Statement is more applicable to. When we Start Talking about 5g were talking about the Economic Opportunity and the National Security risks. In order to take advantage of that and avoid the National Security risks. We need more effective government to step up to the plate to compete against what unfortunate