tv Fast Money CNBC August 30, 2021 6:00pm-7:01pm EDT
good evening you're looking live at the u.s. state department where any moment, we are expecting the secretary of state to come out and speak about the end of america's longest war. the last c-17 leaving afghanistan this afternoon, but not every american or american ally was able to leave the country before that final flight took off let's get now to sheppard smith. >> brian, thanks very much we've just gotten a statement from president biden and he has said he will address the nation tomorrow on this matter and others he says that he has task the secretary of state with coordinating with our partner nations to ensure that every american and every afghan who wants to leave afghanistan be allowed to leave afghanistan third, the president said that the world will hold the taliban
to its commitment to provide safe passage out of afghanistan. how the world will hold them to that commitment largely rests on the billions of dollars which are the money of afghanistan which may or may not be released to the government, if you will, of government, which is now the taliban who control it, though not yet recognized by the united states that would be a chit for us as well to try to sway the taliban to keep their promises as they have not historically done antony blinken was to address the matters of the day at the top of the last hour, 5:00 eastern time it has been delayed for an hour for reasons not explained to us. we found out about 4:30 eastern time that the last plane had left afghanistan, 100% of u.s. troops were out of afghanistan, that the important munitions and otherwises that were left behind had been destroyed in addition, 70 mraps, 27
humvees and 73 united states aircraft rendered unworkable so that in other words the taliban and if they were to take over isis-k couldn't take them. we know that the kabul airport is now left uncontrolled at least for the moment they're 8 1/2 hours ahead of the united states on the east coast, so it is the middle of the night there. it will be interesting to see if at first light the taliban are then in charge of that airport, and, if so, how in the world they might be able to run it because it is our understanding that most of the mindset of those in the know, those with skills, especially high-level skills within the previous afghan government have left the country and now the taliban are left to their own devices. the state department has given us an idea of what antony blinken will say to us in the next few minutes from the state department, remarks on how the united states commitment in afghanistan does not end with the departure of all united states personnel
all u.s. military are out. all of our diplomats are out our embassy is no longer in our control, and the airport which was the last place of control has now been turned over essentially, at least officially to no one, but, of course, the taliban will take control of it when it feels like it, as early as tomorrow morning. there had been discussions that at least potentially at least turkey and qatar might help with flight operations there. it is not the only airport left in the country it was the only one that the united states controlled there's another airport in mazari sharif which could be used to evacuate those who want to get out of the country. it is about an 8-hour drive, in perfect conditions, from kabul there's also a land bridge out that runs through pakistan it is our understanding to the degree it is possible the pakistanis are being cooperative with safe passage out of there officially about 250 americans had said as of yesterday they wanted to get out of afghanistan
but had not yet been able to that number remains the same today. untold thousands of afghans who had been promised safe passage have not yet been able to get it the secretary of state to say in his remarks this evening, predicated on a singular idea, that idea that our commitment, the united states' commitment to our own citizens there and to at-risk afghans there does not end with our departure from afghanistan. our correspondent ayman javers, senior washington correspondent, is with us as well i suppose this process sometimes rules the day, but it is very clear that the government, the white house and beyond, state department and others, penalty g pentagon wanted it to be a seamless to speak. they rescheduled i'm not sure what is going on or
that we will find out. >> one thing that may have been going on is the decision whether or not president biden would address the nation as you pointed out, we just got word from the white house he will speak to the country tomorrow for now his top general, general mckenzie, addressing reporters at the pentagon and in minutes we will hear from secretary of state antony blinken as well in terms of what the u.s. plan is going forward. i wanted to flag for you, shep, one of the things in the statement from the white house because we heard from general mckenzie that one of the things he was frustrated about was that we weren't able to get out everybody who wanted to get out. i don't think we have a really clear picture of exactly how many americans remain in the country now that the u.s. military is gone who want to leave today, but clearly the number is more than zero and perhaps single digit hundreds. we will find out more in the hours and days to come in a statement from the president, this will be read as political cover because this is a president who knows he will be criticized for ending the military mission while there were still americans on the ground who wanted to leave the
country. in this statement he says, for now i will report that it was the unanimous recommendation of the joint chiefs and all of our commanders on the ground to end our airlift mission as planned their view was that ending our military mission was the best way to protect the lives of our troops and secure the prospects of civilian departures for those who want to leave afghanistan in the weeks and months ahead in political circles in washington, that statement in this comment from the president will be read as giving the president political cover. that is the generals and the joint chiefs also made the recommendation to the president to end this military airlift on schedule today, that is august 31st in afghanistan, as promised to the taliban and as demanded by the taliban the president knows he is going to get some criticism for that while there are americans still on the ground, but saying here in this statement that the recommendation came from military leadership. that might go some way into cooling some of that criticism, although in such a partisan
climate just about everything the president does is going to be read through a partisan lens here in washington, d.c., shep >> no question about that. it is always the case, at least in recent years. ayman, stand by if you would they are clearly in the process of managing a worldwide crisis the president, as ayman just reported, at least setting up for cover. the gentlemen said, this is what we should do i haven't heard a lot of widespread criticism for the fact withdrawal is happening it has really been more about process. >> yes, shep first of all, nice to be back. you know, moving forward what needs to happen here is we need to figure out who our counterparty is going to be in afghanistan, and then we need to have hugh man man humanitarian issues as well as rule of law
addresses, those are things vexing the country for decades including the last 20 years we were there any one of those things would be table stakes for entre for into the global community, for meaningful receipt of human aid, to have any kind of non-pariah relationship with the rest of the world. >> of course, negotiating with and counting on the word of the taliban has been a matter fraught with peril over the decades. i mean this is the organization that we went in to defeat and now we've just handed it all back to them you feel like we are one major incident away from chaos over there. it is how to avoid that one major incident, and isis-k doesn't want that to be avoided. it wants - >> it doesn't. >> -- something to happen right away >> that's right. look, the removal of our presence there will mean that there's less of a target, that there's less of an allied target, that there are less soft targets. the taliban at this point have to be interested in defeating
isis and giving at least some leeway to the international counterterrorism mission they don't want us here. they want the agency to run their own country. i hope to goodness that they do so in a way that comports with international humanitarian ideals, that doesn't throw away the 20 years of hard work, the 7 to 20 years of increases in life expectancy, which, by the way, is almost all women and children the infrastructure that's been built over the last 20 years they will find they do not have willing counterparties inside the international community, that they will be pariahs if they don't address it. >> they want their money, the billions of dollars in afghan money that's been frozen and really is -- i don't know if you can think of another thing we have to hold over them, i would like to hear about it. >> yeah, so we're in a little bit of a different position than we were 20 years ago our ability to gather intelligence, our ability to conduct sensitive activities, to conduct special actions in country, to be able to conduct surveillance, to be able to just
generally get a sense, especially as the countries become more connected, of whether there's actually meaningful compliance, whether they're doing what they have committed to being able to do, and that's a pretty big hammer right now. i would say, you know, access to international banks counterparties, if you look at the kabul bank crisis that happened while we were there, it was a billion dollar fraud with the country's largest bank that actually kroll had to come in and actually help sort out, right. i mean the country had difficulties before, between that, between gray listing, and in order to have any access to have currency reserves, to real trading partners or to the ability to be taken in any way seriously in an international forum, they're just going to have to show rather than tell. >> regarding the airport, you know, we have heard about turkey and qatar may be helping to work it, helping to run the place, but its importance can't be overstated without it, at least in the
kabul area -- there's an airport that is a long way away, but getting people in and out is going to be necessary and that kabul airport is essentially >> that's right. i remember when i was in-country, when i was in afghanistan, my team and i went out every single day off compound all over the country. the single most dangerous thing any of us ever did, and it was when we had a strong troop presence, when there was a strong multi-national presence, was go to and from the airport there are architectural issues associated with it if you are going there it is clear you are a target, especially if you are a diplomat or in the armed service. and, you know, creating freedom of access there is going to take a lot more than just architectural security measures. you know, it is like the old saying, you rob banks because that's where the money is. you hit the airport because that's where whoever you want to hit is coming or going from. >> it is no accident the timing of the united states' exit i mean it is certainly no accident we didn't wait until tomorrow it is no accident we flew out in the middle of the night.
you want to do this as safely as possible because with the knowledge, we know of this because the government has told us all the way up to the highest levels, that they knew that isis-k would very much have love to have shot a jet out of the sky if they had the capabilities, not that they did, but who the hell knows we did it all under the cover of darkness now they wake up there in a couple of hours when the sunrises in afghanistan and the taliban have the whole kit and caboodle >> i will tell you, shep, every single person i know who i served with, whether they were in the justice department, the state department or dod, you know, they have been working around the clock, literally 24/7 that includes people who are back in government now for the last two weeks to try to get to safety not just americans who are overseas, but the afghans who chose to trust us and to work with us and whose lives could be in peril. when i say around the clock, i mean literally around the clock. the only pause i can think of is when we all stopped to watch the ceremonies at dover yesterday,
today. so going to continue >> jordan strouse from kroll thank you very much. appreciate it. i want to turn to alima croft from rbc markets, former cia analyst who has written about afghanistan and most recently has been working to get allies out of that country i can't thank you enough for your time. i would be very interested to hear about how that process went and specifically, first of all, how many people are doing everything they can to get out but couldn't get out >> i mean there are thousands of people that are still in afghanistan. i mean we simply don't know the number of american hasare stil left there what we do know is it was essentially the taliban running the check points to the airport, and the airport really was a tragic humanitarian scene for the last couple of days. it was incredibly difficult to get, you know, afghans who are on priority lists across those taliban check points to get to their planes i mean yesterday we had, you know, green card holders turned
away, sivs, you know, special people that were supposed to be given priority access to their flights turned away. there were flights leaving that airport that were 40% full, so it really was the issue of airport access i think now the question is the taliban has said they will let people leave the country who have the documentation that will allow them to transit. will the taliban let afghans out of the country will they facilitate the transit of americans and green card holders out of the country >> we don't have a way to know that answer. we know that some of our diplomats have been working with the hierarchy of the taliban out of country in qatar. we know that those conversations have been ongoing. they've been frequent. in fact, they've been throughout the day and the past few weeks but whether once the last plane is gone and once the last soldier is out the taliban will continue to -- continue to cooperate on that sort of matter is really a matter for speculation.
we can say they have their own interests and we have our own interests and it is in all of our interests to cooperate, that's one thing they don't control every single person whether someone might take a pot shot, might take a hostage, these are things we can't know until they happen. >> we certainly know, shepard, the taliban was not letting people out for the last couple of days. they were running the check points if there were people not getting their flights that should have been on those planes because they were on the u.s. priority list, they were on the priority list of european nations to transit to those countries, who was stopping them? it was the taliban that was not allowing them to get on those planes and through the airport >> and there was nothing we could do about that because we had handed over our security of our remaining airport and our only military facility in the country to a terrorist organization which we went there to defeat and instead defeated us the realities are harsh and stark and hard to see in the mirror, but that's where we are. it is what happens hence forth that's so troubling.
>> right >> the president says that we're going to figure out a way that everybody who wants out will be able to get out, that our partner nations will be in on it with us, and he said in a statement just released that the world will hold the taliban accountable. do you buy that? is that possible >> i think the real question now is what do we do about the humanitarian crisis that is going to be on a colossal scale. is the united nations going to be pressed to open a humanitarian corridor? what are we doing with countries like pakistan to ensure that refugees will be able to go over the border this is now going to become an urgent humanitarian situation, and it is not just going to be conversations with the taliban and countries like qatar and turkey that will be operating the airport and have links into the taliban. it is what we're going to be doing with neighboring countries to try to allow refugees to transit out of afghanistan >> and now you are talking about relying on pakistan, and i realize there's the border there and that's just about your only option except that pakistan has
given safe harbor to all of those who do us harm there's no question on this part of it. >> i mean we also have the haqqani network, which will be coming back in league with the taliban to help run kabul. i mean there are all sorts of issues about the taliban's continued relationship with al qaeda yes, isis-k has been targeting the taliban as well as u.s. interests, but the taliban remains closely aligned with al qaeda, with the haqqani network. i mean there is a really serious counterterrorism issue that is going to develop in afghanistan. what is going to happen to all of our asset has are on the ground there helping us fight this counterterrorism mission? i think from the counterterrorism perspective it is going to be enormously challenging now to have the operations put back together i mean al qaeda is what i would be watching as well as isis-k. >> a lot of humanitarian groups and especially veterans groups and others have been working to secure safe release. nobody knows this better than you. are those operations, are they shut down now that the united
states is out or what happens? >> i mean there are so many veterans, there are so many people in the ngo communities who are really focused on the effort to try to secure safe passage forthe most in perille afghans that have helped the united states and have been women's rights activists i think that effort will continue but, again, i think it is going to be enormously challenging, and i think really important questions need to be asked now like will the u.n. establish a humanitarian corridor to help these people get out of afghanistan. >> what would a humanitarian corridor look like in your mind? by that i mean who would facilitate it? what nations would be involved >> yeah. >> and how would it be protected from those who would love to blow it up >> i know. these are -- there's nothing about this that is easy. i mean the question is what type of potential force would you have to have to run that type of a humanitarian corridor. could you work, for example, with organizationslike the red cross to get people across the border we know that the red cross has
worked in afghanistan, they have worked with the taliban. i mean these are the type of organizations that you really now have to activate to try to deal with getting these people out of the country i mean it is a very urgent situation. i don't think there is an infinite amount of time to try to get the most people out of afghanistan. >> one more thing before we move on, just as the taliban came in the taliban famously now came across leadership from isis-k, were able to corral three leadership members and kill them on the streets to send a sort of message to isis-k. that has really given a lot of steam to isis-k, especially because the taliban mistakenly let a bunch of isis-k leadership and especially skilled bomb makers out of prison when they didn't mean to so the risk in your mind of at least pockets of a civil war happening pretty quickly
>> i mean the idea that we have some cohesive functioning government in afghanistan, i mean there are reports that the taliban themselves were surprised how quickly kabul fell the idea that it is going to be easy to have full operational control, i mean obviously there's the isis-k issue obviously there will be a number of issues about operational control on the ground. i mean what we certainly know is afghanistan is going to be a failed state and it is going to be potentially a terrorist safe haven for a variety of diss reputable actors >> thank you so much for all you have done to help get people out of there and for your expertise on this mission. very quickly i want to lift the veil a little bit on what's been going on here 4:30 eastern just a couple of minutes before we realize this is over, all of the flights are out, they're about to speak from the pentagon we had already had a schedule from the state department, and
the schedule was as follows. at exactly 5:00 eastern time the secretary of state will speak to chart the way forward. so they had made this effort to control the airwaves, control the narrative beginning at 4:30, a hand-off from the pentagon to the state department at exactly 5:00 at 5:30 we finally got the word that, no, the secretary of state is not going to speak until 6:00 eastern time but 6:00 eastern time is a hard start, meaning exactly 6:00 tony blinken, the secretary of state, will come to the microphone that's on your screen and begin speaking to take back over the narrative, if you will that was 21 minutes ago. there's been no indication of when he might come out now, no indication of the reason nor the delay the first time or this time so i'll say this whenever he does come out we'll have live coverage here on cnbc. for now, let's get back to brian
sullivan and a special edition of "fast money." this is a strange one, brian >> it is we had a show planned, shep, but, like you said, we are about almost 90 minutes overdue. based on your conversation with halima, one might hope perhaps the delay could be the secretary of state making some calls or having a conversation with the taliban about how many americans may remain and how they are going to get them out. to your point, there is no airport. the airport is completely abandoned. according to the faa, it is a long drive to pakistan >> it is indeed, brian certainly is >> shep, we will see you back in a few minutes. hopefully blinken will come out as well. we have your show in about 40 minutes. let's move on. if blinken comes out we will move back to that. the other top story is the impact from hurricane ida. nearly a million people in louisiana are still without power. in fact, it could take weeks for some cases to be restored. ida was the fifth strongest
hurricane to ever make landfall in the continental united states it did so, get this, 16 years to the day that hurricane katrina hit louisiana. now ida is moving northeast. it is a much weaker storm but still bringing heavy rains and the possibility for more flooding, particularly in tennessee which has already been so saturated focusing on the energy impact, louisiana is about 18% total u.s. oil and gas refining, and right now most, if not all of that, currently remains off line in part because no power, no refinery companies with refineries, other operations in louisiana, there's a map, marathon, npc, they've got the biggest refinery in gariville. exxonmobil, a huge baton rouge location earlier today, by the way, saying there was no damage ed should restart soon valero has two facilities in the new orleans area shell has one, pbf and philips 66 in lake charles, which is
another 5% of refining capacity, really it is mostly about citgo's massive one and a smaller one on the refining side like we said most of that is shut down right now although it should start soon. the situation is fluid some good news the colonial pipeline saying tonight it will restart operations later on tonight. so gasoline prices should, hopefully, remain stable also keep an eye on maybe the most important company of all right now to millions of people, that is entergy, the power provider for new orleans and much of the area as we noted, there is no power in much of the area. no state relies more on electric power than louisiana, particularly to power the water pumps. it remains even as the storm is passing through a scary situation and reports power could be off for some for weeks. that is the key. not how much of the energy grid
is off line -- by the way, it happened a lot in the last couple of years. they've gotten used to it and figured it out -- but how long it stays off line, perhaps the most important thing for the people, for the industry and for prices oh, by the way, there's also an opec meeting on wednesday. from raymond james joining us now, pablo, it is good to have you back on. it is looks like the industry, thankfully the people, hopefully, escaped the worst of it do you expect most of the refineries to be back on line in the next day or two, assuming they get power back? >> i doubt it is going to be that quick hopefully a matter of weeks, you know, rather than months in the vast majority of cases we can go back to some of the strongest hurricanes, you know, usually there would be at least a couple of facilities that take longer than two, three weeks to fully restart. by the middle of september i
suspect things will be substantially back to normal, you are exactly right. the key question mark is the trajectory of restoring electricity. without that, nothing is going to work. >> and we have had a hurricane, a category 4 just a year ago, hurricane laura. it hit louisiana fast, it hit louisiana hard, parts of texas as well. very similar to ida, but it was a different economy then still a lot of the country was kind of closed up, more on lockdown, the fall surge was beginning in the northeast now we've got an economy that is attempting to open back up gasoline demand has soared, everybody is on the roads and getting on a plane so any prolonged shut down, pavel, now could have a far bigger impact, i imagine -- correct me if i'm wrong -- than last year despite very similar circumstances. >> well, here's the good news. nothing in the oil market
happens in isolation the fuel market fundamentally is global you know, there's 100 million barrels a day pre-covid, less than that today. refineries around the world have capacity if there's some prolonged refinery outage in louisiana, then the solution will be for the u.s. temporarily to import more fuel from places like rotterdam, singapore, et cetera. that capacity is available so there is not going to be any widespread systemic gasoline shortages. obviously it will take time for the supply chain to adapt, but you would be surprised how quickly the trade links can evolve based on these kinds of natural disasters. again, we've seen this with, you know, everything from harvey, rita, going back to the days of
katrina. >> and i do know for a fact that there already have been charters -- maybe not made, but inquired about about bringing gasoline from europe to the east coast of the united states very quickly, pavel, we also have an opec on wednesday. the opec meetings have been kind of rote. they've had these monthly virtual meetings at some point they've announced they will add, and of course had the fight with the uae, is now the time you think they will add more barrels to the market or do you believe they will sit tight, wait and see where demand goes through the fall and winter to make sure we don't get another surge, potentially more slowdowns in the economy >> well, opec is very worried about delta, and it should be. there is today more than 500 million people worldwide still in lockdown, about 90% of that 500 million are in asia. so opec is watching very closely what is happening in thailand,
vietnam, malaysia, indonesia, philippines, even china to some degree we know that opec has a roadmap for normalizing supply by september of 2022. you know, the situation today withdelta is, you know, somewhat better than it was when they last, you know, modified this plan about 60 days ago. so all things being equal, the most logical thing is just to keep implementing what they've already agreed upon. that's the most rational step right now. >> and that is most likely what according to my opec sources is what is going to happen, but it is opec so you never actually know the price will oil just under $70. pavel molchanov. thank you for staying late appreciate it. as we noted we are still waiting, now going on 90 minutes after it was scheduled to happen the u.s. secretary of state
antony blinken on the u.s. withdrawn of afghanistan and what might happen to hundreds or maybe 1,000-plus americans who now seem to be stranded in the country. we will get to that. next, should you do your christmas shopping now we're not kidding. plus, the former ceo of best buy that the supply chain problems we are seeing now could lead to empty shelves in december. and the theranos trial is finally happening four years after it began what can we expect from elizabeth holmes' defense? we will take you inside what may be the trial of the decade in silicon valley stick around
if you wake up thinking about the market and want to make the right moves fast... get decision tech from fidelity. [ cellphone vibrates ] you'll get proactive alerts for market events before they happen... and insights on every buy and sell decision. with zero-commission online u.s. stock and etf trades. for smarter trading decisions, get decision tech from fidelity. new customers get our best deals on all smartphones. for smarter trading decisions, that's right. but what if i'm already a customer? oh, no problem. hey, cam...? ah, same deal! yeah, it's kind of our thing. huh, that's a great deal... what if i'm new to at&t? cam, can you...? hey... but what about for existing customers?
same deal. it's the same deal. is he ok? it's not complicated. with at&t, everyone can ace back to school with our best deals on every smartphone - like the samsung galaxy z fold3 5g. so, who's it going to be? tom? danny? guess it's on maggie. plan today. feel comfortable about tomorrow. massmutual.
protect your pet this flea and tick season with chewy. find everything from flea collars and sprays, to prescriptions that keep pests away. chewy has what you need to keep tails wagging and pets itch free all season long. shop pet prescriptions and more at chewy.com today. ♪ welcome back to this special edition of "fast money." jim and "mad money" are off this week futures open for trading at this
hour obviously the action is very, very thin, but we are going to be watching futures for a number of reasons, not the least of which, of course, is two things. number one, the record rally we have been on, there's been a lot of momentum despite hurricanes, despite afghanistan. the markets continue to move higher, and, of course, the big breaking news that happened this evening. the u.s. war, the 20-ayear war i afghanistan is over, at least for most a final american plane taking off from hamid karzai airport a short time ago, the pentagon saying it concluded efforts to evacuate civilians and troops from the country we are still waiting for a state department briefing. it was supposed to occur at 5:00 p.m. eastern time. it has been delayed for over 90 minutes without explanation for why it is happening. there could be more than hundr hundreds or thousands of
americans or afghan allies who wanted to leave. we will take you to it as soon as it happens. getting all of the components we need for pretty much everything we want, cars, trucks, electronics, tractors, hot tubs, you name it, it doesn't seem to be getting better in fact, the shortage for almost everything cements to keep piling up. there are backlogs for backlogs. should shoppers and businesses big and small prepare for it to be the new normal? joining us the former ceo of best buy and author of the new book "the heart of business, leadership principles for the next era of capitalism." it is a pleasure to have you on the program, congratulations on the book i have to jump into what we're seeing, storms and shipping delays if you were still the ceo of best buy trying to get tvs from
china, to long beach, minneapolis or wherever, what would be your advice to business leaders watching right now >> i would say my amazing successor at best buy is doing it, leveraging -- jim claimer talked about it. she is leveraging the relationship best boy has with the foremost tech companies to get products on the shelves for customers. we have reported amazing earnings in the past two weeks the ability of these retailers to manage powerful, flexible, agile supply chain is becoming a differentiator with covid moving around in asia, the ability for some retailers to move sourcing from one country to the other, for example, in apparel, would be one of the characteristics >> yes, but that's a -- it is a multi-year endeavor saying let's take a factory here and move it to vietnam, hanoi or wherever it
may be it takes a long time i mean right now there's a record number of ships off the coast of long beach and los angeles, i think it was 44 ships waiting to come in the docks are full they're having trouble finding truckers they're having trouble finding anybody in the supply chain as well not just here but in china as well, in part because of the covid-related shutdowns. do you think it is going to be a tough christmas to find what people really want >> i think it is going to be there with us for the next several quarters, brian. it is not going away immediately. eventually it goes away, of course, but the next few quarters will be tough and, again, the best retailers will be able to navigate this but it is a real slug, believe me >> yeah, it certainly is, hubert you look at this and think, okay, when and if it gets better, has what we have seen happened, ports shut down,
supply chains backlogged, trucking costs triple, is this going to be -- and hopefully the pandemic will go away and we won't have another one for our life times or our kids' life times, but what long-term changes? maybe you address this in your book, would you be making besides diversification of supply chain >> yeah,, you know, when you talk some supply chain leaders across companies, they have, you know, as investors being aware of the skills of these companies in this area is, of course, essential. they have to deal with these challenges short term and then longer term. i think to your point, it is indicating that the job of businesses these days is becoming increasingly more complex. first you have to talk about the customer, but the customer doesn't seem to be the bottle neck anymore it is the supply chain it is the employees i think we have to talk about this. you know, the amount of fatigue i'm seeing, we're seeing amongst
employees and the need for companies to rio de erecruit thr employees is an essential element showing you care for them and you're willing to help them with employment and their benefits i think the best retailers are able to embrace the stakeholders, which, of course, is something we talk about in the heart of business. on that line, brian, i want to highlight one thing. two weeks ago was the anniversary of the business round tables did it about no longer about shareholder primacy finally. there was a report by just capital that i find interesting. they asked americans to what extent they believe that large companies are doing their job in a way that really takes care of all americans. the percentage that says yes has gone from 45% two years ago to now 65%. so it is really a sea change
now at the same time there's still 40% of us who believe that capitalism and business needs to evolve, which is a bigger number than 25% believing the status quo is good enough so i think what we're seeing is a very exciting time in business where leaders are really evolving how they think about business, embracing all stakeholders, including the employees, including the supply chain. you know, it is sort of a declaration of interdependence, which is a new phenomenon. >> and i think -- by the way, when you took over the company pretty much everybody thought bust buy would be the nest blockbuster video and go away. you turned it around and certainly a lot had to do with your leadership as well as the people in the stores when you walked in and they smiled and greeted you and knew what they were talking about i think humans will still matter in the future a lot.
a plesh yasure to have you on good luck with the book. >> thank you, brian just a reminder, folks, we are still waiting on u.s. secretary of state blinken to come out on the podium and give us a statement about the final withdrawal from afghanistan. the last c-17 plane did leave a few hours ago. until that happens we will turn our attention to covid and some parts of the pandemic that we may have thought that we moved past first, outdoor dining. are more restaurants going to close their indoor dining rooms again as covid cases respike we'll talk more about it with the head of the american hospital association next.
my retirement plan with voya keeps me moving forward. they guide me with achievable steps that give me confidence. this is my granddaughter...she's cute like her grandpa. voya doesn't just help me get to retirement... ...they're with me all the way through it. voya. be confident to and through retirement.
your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire introducing xfinity rewards. m our very own way of thanking you just for being with us. enjoy rewards like movie night specials.
xfinity mobile benefits. ...and exclusive experiences, like the chance to win tickets to see watch what happens live. hey! it's me. the longer you've been with us... the more rewards you can get. like sharpening your cooking skills with a top chef. join for free on the xfinity app and watch all the rewards float in. our thanks. your rewards. all right. just a reminder we are still
waiting on the briefing from u.s. secretary of state antony blinken. when that happens we will take you to it live it could be any moment but before we do that, let's talk more about restaurants. as covid continues to spread, some restaurant owners are starting to reconsider closing indoor dining rooms yet again. kate rogers has more >> reporter: last week mcdonald's discussed with franchisees what data should prompt dining rooms to reclose in areas where the delta variant is widely spreading according to internal company materials viewed by cnbc on a recent call with franchisees they said what is different is we have a position of strength and the result of hard work and collaboration. this according to notes from the call viewed by cnbc. in a statement to cnbc mcdonald's said in part, quote, we're monitoring the impact of the delta variant closely and recently convened together with our franchisees to underscore existing safety protocols,
reinforce our people first approach and provide updates on the rise in cases in the country. the company added opening procedures incorporate local case counts and regulations and both guidance and community feedback have been in place for more than a year after dining rooms initially closed in march of 2020. decisions are made locally with owners and operators along with field offices. young brands and starbucks did not comment on the state of indoor dining at those restaurants when asked by cnbc new data from the national restaurant association sos a potential pullback in dining with six in ten adults saying they've changed dining habits due to delta today some of the biggest losers were casual names including brinker international, texas road house, darden and dine brands back to you. >> all right kate rogers. more on what could be a tough time for restaurants a reminder again, we are waiting for the state department briefing we will bring it to you live once it takes off. next, another angle of covid. the comeback, but do we need to prepare for another rough winter even outside of restaurants? maybe more closures, more
restrictions what about the kids at school? we will talk more about this with the chair of the american hospital association when we come back. well, would ya look at that! it was an accident. i was— speaking of accidents, we accidentally left you off the insurance policy during enrollment, and you're not covered. not even a little bit? mm-mmm. no insurance. no. when employees can't enter and manage their own benefits enrollment information, it can be a real pain. not even— nope! with paycom, employees enter and manage their own hr data in a single, easy-to-use software. visit paycom.com and schedule a demo today.
at cdw, we get whether you're at home, in the office or on the go, staying connected and secure is what keeps you productive. and no matter where you're working, our experts can help you implement a secure by design hp chrome enterprise solution. you'll benefit from built-in virus protection and advanced security management to help secure your device and your data while keeping you in close contact with all of your coworkers. ♪♪
billion-dollar views. a cutting-edge data-security enterprise. yes, with a slide. a perfect location for the world's first one-hour delivery. an inspiration for the next workout cult. and enough space for a pecan-based nutrition bar empire. it could happen. because there's space for any dream on loopnet. the most popular place to find a space. ♪ ♪ all right. welcome back to a special edition of "fast money." again, a programming reminder. we can't tell you enough, folks, we are waiting on u.s. secretary of state antony blinken, literally almost two hours late to make a comment or comments and hopefully take some questions about the withdrawal from afghanistan it could happen at any moment.
when it does we will bring it to you. all right, you just heard from kate rogers on restaurants. it is not just them having a shaky time right now travel could take another turn from covid new restrictions on americans, for example, going to europe indi cases are popping back up in places in america, possibly with testing due to school. thankfully, still well below previous highs in most places. the questions we are all asking is what to expect from fall and winter and maybe talk about a reason, mainly kids, are going to the hospital that is not covid. dr. rod hawkman is president and ceo of providence st. joseph's health and chair of the america medical association. if we have to bail out because of the secretary of state, my apologies nad advance. where do we stand in the united states in terms of bid use, icu resources? >> it all depends on where you
are. if you are in the south, they're overloaded icus are full. if you are places in like oregon, same thing in other places in the eastern part of the united states, i was talking to a colleague who is ceo in detroit, they're not seeing any of it so it is really acting very differently in different parts of the country we'll have to see. what we hope is that the delta virus, particularly in places that are reasonably vaccinated, will burn itself out and hopefully we'll start to see -- and we're starting to see a leveling off and a decrease, but we will wait a little longer to make sure it is a trend. >> yeah, the uk and india looked like it lasted maybe 40 to 70 days in terms of their waves we're kind of hoping for the same things here, doctor i want to go back to your previous point because it is fascinating. as our viewers know on social media, i go through a lot of the data all time and you notice these patterns i know seasonality is a dirty
word in parts of the scientific and medical community, but do you in conversations with other doctors and hospital administrations believe there may be places that did not get hit earlier last year seem to be getting hit and places like detroit, who was crushed last year, maybe are not and what the natural immunity side of the story may also be? >> well, that's what we're hoping for you know, detroit got hit with the uk variant the other places now are getting hit with the delta variant, you know so you wonder how much immunity are you starting to build up we are starting to build up some natural immunity that's out there. we're hopeful that the winter will be a better winter than we predicted. the only variable in that is what happens with influenza, with the flew. flu. last year we got completely scott free this year may be different >> yeah, very quickly, doctor. talk to us about rsv it is a viral infection among
kids it has very similar symptoms to covid. as we have a chart, i believe, cases are absolutely spiking a lot of parents are scared. rsv is back and in a big way what can you tell us quickly, please >> sure. it acts like the equivalent of having the flu in kids, right. so they -- you know, but it really is in the pediatric population, it is running through like crazy, and it looks a lot like covid but it is just as virulent and it is the reason we are having so many pediatric icu admissions that's a big factor. rsv, flu particularly in adults, and what happens with the rest of delta are the questions we have to answer >> well, we appreciate all of the hard work that everybody at every hospital and medical center, treatment center, paramedic around the country is doing including your, dr. hawkman. thank you very much. appreciate that. >> thank you great to talk to you >> yeah, thank you folks, rsv is the real deal pay attention. we are about ready to wrap up
this special edition of "fast money," and a reminder that the world is waiting for comments from secretary of state antony blinken. we will have me oron that right after this with directv stream, i can get live tv and on demand... together. watch: serena williams... wonder woman. serena... wonder woman... serena... wonder woman... ♪ ♪ ace. advantage! you cannot be serious... ♪ ♪ get your tv together with the best of live and on demand. introducing directv stream with no annual contract.
it is why we have you on to talk about this i want to go back to what should be the only question that i hope anybody in the media asks the secretary of state or the president, which is how many americans or american citizens or families may still be on the ground in afghanistan and what possibly can we do to get them out. i heard you say it could be more than 1,000 based on the sources that you've got as well. what happens to these folks? >> well, brian, i mean it is not just -- you know, it is american citizens, it is green card holders. it is also, frankly, afghans who assisted the united states in the most dangerous assignments who are now in grave peril so collectively it is thousands of people that are at risk, but obviously the issue of americans will be the top priority for the biden administration really, who leads the negotiations to secure them safe passage? i mean qatar turkey probably will be very involved in those negotiations but, again, it is now, you know, a really tense situation the u.s. does not have control
of the infrastructure at the airport. it will really be countries like turkey and qatar that will be the ones helping to secure safe passage for the nationals out of the country. >> when general mckenzie was using words like "negotiate" in talking about, you know, neglect neglec -- negotiating for the safe release of these americans, sivs, whatever, you almost think they are a type of hostage in that country is that too strong of a word >> what is really interesting is the taliban has said they will allow -- >> all right, helima, we've got to hop in. the secretary of state antony blinken taking the podium. helima, thank you. as you just heard from the pentagon a few hours ago that operation was completed. more than 123,000 people have been safely flown out of afghanistan. that includes about 6,000 american citizens. this has been a massive
military, diplomatic and humanitarian undertaking one of the most difficult in our nation's history, and an extraordinary fete of logistics and coordination under the most challenging circumstances imaginable many, many people made this possible i want to commend our outstanding diplomats who worked around the clock and around the world to coordinate the operation. around the clock and around the world to coordinate the operation. they volunteered for duty at the kabul airport. they flew to transit countries to help transfer thousands of afghans to the united states, military bases to welcome afghans to their new homes 24,000 passports here in washington and built a list of americans possibly seeking to leave afghanistan then worked to contact every single one o
IN COLLECTIONSCNBC Television Archive Television Archive News Search Service
Uploaded by TV Archive on