Of our native communities. As part of our hearing, microphones will be set on mute. Members and witnesses, you will need to unmute your microphone each time you wish to speak. Documents can be sent to rebecca at the email address weve provided. And all documents will be entered into the record at the conclusion of the hearing. I recognize myself for five minutes for an opening statement. Let me find that, now that ive said that. I believe that todays hearing is long overdue. Day after day, our nations tribal communities are suffering inequality, unequal access to Drinking Water, energy grid, broadband, and other problems that have created unnecessary hardship and turmoil. And covid19 is exacerbating the existing problems now. And the Navajo Nation has seen rates higher than wuhan, china, during the height of the pandemic. And weve heard repeatedly about the struggles of the native communities to protect against covid19. As the pandemic rages on, access to ppe and testing and proper san
Provided and into the record to the conclusion of the hearing. I recognize myself for 5 minutes for Opening Statements. Let me find my Opening Statement here. I believe this hearing is long overdue. Suffering terrible inequalities. Unreliable access to the energy grid, little or no broadband connectivity, and reliable funds for the federal government and other systematic problems that created unnecessary hardship and turmoil and covid19 is exacerbating these long existing problems. One third of tribal members are at high risk of serious covid19 complications due to Underlying Health factors and Navajo Nation has seen higher infection rates than those in china at the peak of the pandemic. Despite this stark reality the impact of covid19 on tribal communities, weve seen the struggles of tribal communities and access to personal protective equipment and testing to protect against covid19. Is this pandemic redesign and covid19 cases continue to rise in many areas of the Country Access to p
Stocks are rocketing higher u. S. And china are returning to the table for a new trade talk s p 500 is less than 2 away from new all time high is everything awesome again, guys hi. That song is annoying. I got annoyed we danced to that it is your ringer steve and i it was a great day. Any who coo coo for cocoa puffs remember that . I think pete may have talked about it is the fact that the chinese tweeted this and it was not president trump. So maybe that changes the tune a little bit i think we are far away from the deal with that said, we do this thing at the plasma. I am not pretending it is bullish. Sometimes you can trade things within the framework of the market and last week, market in the the holiday and the market should rally you have seen the banks rallied. I still think we go lower and the vix is going to trade north around 30. I think thatll be the bottom of the s p 500. I wish i can tell you when but we are closer to it today. Remember what we said last week of all your p
Lacqua in london. Lift to the stoxx 600, data from around whattivity jay powell is doing. Dollar weakening for third day. Crude oil 60. 60. Makesort saying surplus return despite opec cuts, whether that means they will come further is something we will watch for. As operators in the gulf of mexico are bracing for Tropical Storm barry, giving pressure on crude oil prices. U. S. 10 year yield at 2. 12. Coming up on bloomberg surveillance, the allstar lineup today. We will talk about deals in the banking outlook. We will speak with Philip Hammond. This afternoon, we sit down with the ford chief executive. Breaking news. Arkey says it has received Missile Defense system from russia. U. S. Threatened to punish turkey over the purchase. Washington says the system is designed to shoot down nato aircraft. Goldman sachs warning of u. S. Intervention in the fx market. It says president trumps about otherplaints currencies is highlighting u. S. Policy. Now the u. S. Could forcibly weaken the doll
Welcome to bloomberg surveillance bloomberg surveillance. Im mark barton in london. Festival of Central Banks, we have the ecb to come, the bank of england, the fed here. Down 1 5 of 1 . Uro, little change unchanged since the last ecb season, october 26. Hasnt fallen to one dollar 1587 on November November 7. Sterling up by 1 10 of 1 today. Today, but its politics thats affecting sterling today, having risen since fps last night. Theyre changing their governments planned legislation, so they guarantee they will get a meaningful vote on the final deal to leave the eu in negotiations for 2019. Coming up today on bloomberg surveillance, we will discuss markets with paul donovan, hear from the s p governor thomas jordan. But get to bloomberg first word news with Sebastian Salek sebastian the fed has raised rates by 25 basis points as widely expected. We also have a growth forecast next year, but maintaining projection of hikes 3 hikes in 2018. Saiding chair janet yellen this underlines tha