Want action to stop the virus fallout. Nato calls for International Cohesion on security. Consumer Price Inflation breaking out of south korea. We are seeing month on month deceleration of. 1 . The deceleration, though, is easing from the previous month when we had been pulled down and undershooting Inflation Numbers because of subsidies from the government. Also we are seeing acceleration of 0. 6 when it comes to the euro. Slightly missing estimates, but when you seek out fresh food and look at the core cpi numbers, it is still growth of 1 . Of course, we still have some spare economic capacity in south korea, but remember the Third Quarter final gdp numbers actually beat expectations, and still, Inflation Numbers are very much away from that target coronavirus pandemic raging across the world. Haidi we have just had the beginning of the testimony of the rba governor, appearing before the Economics Committee today, so be watching out for some of those, particularly regarding news on t
First will be taken advantage of. Our state and federal governments as well as our nations largest corporations have a responsibility to do what is right. And let me end by saying this, this virus doesnt care whether or not youre republican or whether or not youre a democrat. It should not be about party or politics. This is will health and safety of our nations food workers and our food supply. And as such, no company should be shielded from the responsibility for adopting irresponsible practices that foster the spread of this virus through their facilities. For the sake of this country that i know that we all love i urge you to Work Together to do what is right for these workers. And, again, thank you for your time and id be pleased to answer questions you may have. Thank you very much. Miss dixon. Good afternoon, chairman graham, Ranking Member feinstein and members of the committee. Im grateful for the opportunity to testify today. Im rebecca dixon, executive director of the Nation
General Charles Brown currently the Pacific Forces commander has been nominated as air force chief of staff and James Anderson is the nominee for Deputy Defense undersecretary for policy. The hearing will come to order. The Committee Meets today consider the nominations to be secretary of navy and us chief of Staff Air Force and deputy undersecretary of defense for policy thank you for being here. We appreciate all the contributions you have a made me appreciate the fact you are coming back again. Some of these are necessary we have to ask you the required question i would like to have an audible yes or no on each question please. Have you adhere to the ethical laws regulations . Yes or. Yes sir. Yes sir. Do you ensure you will request communication deadlines for the record it hearings . Yes sir. Yes or, yes sir. Will you cooperate. Yes sir. Yes sir. With those witnesses be protected from reprisal of testimony . Yes sir. Yes or. We agree to testify before the committee. Yes sir. Yes or
14. 7 Unemployment Rate for the month of april is the highest since the great depression. A confederate, the unappointed rate was at record lows. Three and have presented the coronavirus pandemic, stayat home orders, and the shuttering of businesses in just about every industry changed all that. Is fully expected, no surprise. Everybody knows that. Somebody said look at this. Well, even the democrats arent blaming me for that. We can have a fantastic next year, we will have a record or almost record next year. We are going to have a transition in the third quarter. Reporter one of the president s top economic advisers was lust optimistic. It looks like about three quarters of the job loss was from temporary labs. That doesnt lessen the hardship, by the way. It does suggest things like the payroll protection program, and the Unemployment Insurance has had some cushioning effect. Reporter National Economic Council Director larry kudlow says there are no formal negotiations going on right
First actions of the committee is we are going to take over the roles and Means Committee to make this a rules committee but first let me say that i appreciate, wanted to say this from the beginning i appreciate the flexibility of our Ranking Member mr. Cole. Im incredibly proud of how we have worked together here in this congress. We have examined a lot of things in the committee and no matter how politically alike we are doing things in the constructive when and i look forward to working with you mr. Cole in a bipartisan effort that was announced today and we will examine how congress can better adapt to the emergencies of the coronavirus pandemic pandemic. I know we both care deeply about this institution in one way or another congress is going to have to adapt to whatever the future may bring. The cdc said this fall could be worse than what we are going to right now. And we need to be prepared and that may mean working remotely. Changes when we operate should be done whenever possi