At boosting cooperation to develop artificial intelligence, semiconductors, and green technology. Meanwhile, biden and kishida brushed off a dispute over nippon steels over for us steel, saying it was not a major factor in the majorfactor in the discussions. Major factor in the discussions. Wendy cutler, a former deputy at the us trade representative, said that us and japan have benefited from maintaining close ties. Absolutely. Think both sides come into this summit confident and both the president and Prime Minister in their Press Conference underscored the huge 2 Way Investments that are moving between the two countries. The us is the largest fdi partner injapan and vice versa. Japanese companies are making huge investments in the United States and this just serves to bring us closer, particularly with respect to strategic and advanced technology products. Right now, the Biden Administration is also actively in talks with chinas Economic Policy makers after something of a drought. W
Artificial intelligence, semiconductors and green technologies. Meanwhile, biden and kishida brushed off a dispute over nippon steels offer for us steel, saying the issue was not a majorfactor in their discussions. Wendy cutler, a former acting deputy us trade representative, said the us and japan have benefitted from maintaining close ties. I think both sides come into this summit confident and both the president and Prime Minister and their Press Conference underscored the huge two Way Investments that are moving between the two countries. The us is the largest fdi Partner Injapan and vice versa. Japanese companies are making huge investments in the united states, and this just serves to bring us closer, particularly with respect to strategic and advanced technology products. Now, the Biden Administration is also actively in talks with chinas Economic Policy makers after something of a drought. We saw janet yellen there over the last few days. How does that fit with the Economic Alli
Inversion. They would operate as a standalone brand. Two points on the burger king deal, even though it is an inversion, this deal likely a little bit more like a real deal in terms of strategic merit, both in terms that 50 of the company would be based in canada. There are reasons to keep it there, but more importantly from a 3g perspective, the guys that own burger king, we saw what they have done with inbev and heinz. This is sort of their approach at taking a Restaurant Company and using it as a platform to buy a lot more. I would argue to everybody that this is just the beginning. We should see the transaction cross the tape later this week, probably tuesday more likely wednesday. Well talk more about that in a moment, but for now well send it over to michelle. Im dying to talk burgers and donuts. I think it has more to do with fries. They finally said, you know what . The fry situation, the fry problem was too big for us at burger king. Youre right. Tim hortons has a track record
Good morning. Welcome to Worldwide Exchange. We have two hours together. Right now on the wires, we are just looking at the ecodata hitting. And just a note from my producer, my wire has just gone down, so we are looking at the german Business Climate falling for the month of august. Revisions to july indices are seen as well, but the Expectations Index coming in at 101. 7 for the month of august. The Consensus Forecast was for 102. So the Expectations Index a little bit light. They are stating no revisions to the july indices. And again, the Expectations Index coming in just slightly light. Current conditions, 111. 1. Which means that were also looking at that particular reading being a bit light as well. Not by much, but we are still seeing a bit of a drop there. Lets talk a little bit about the markets. We are seeing the euro dollar at 1. 31, just shy of where we have been the last few sessions. Down the line we are at the hag hague. Good morning this morning, how are you . Good mor