The. So the us treasury secretary goes to china and what does janet jaelyn do . She lectures the Chinese Government on how to properly run its own economy, hinting that they, they, the chinese dont seem to understand the proper principles of free trade or a free market based system. Heres just part of yelling. Like sure. What we intend to underscore is indeed for a shift in policy by china. During these talks building on feel free to hours i spent on this topic was advised premier last week. This is part of our efforts to advocate for American Industries and prevents to significant economic disruptions. Weve seen in the past advocate for American Industries. They have to shift their policies, which is essentially suggesting when she says the china has to change its policy is that china is making too many products that americans want. And often those products are, are better products and theyre less expensive than what we make ourselves. Busy imports from other western countries. Now if
as your reminder of the journey you helped me make, and the journey you re helping other kids make too. - it s amazing to know that there s someone looking out for me and my family. - and it isn t just the doctors and nurses who have been looking out for me. it was you. pick up your phone or go to loveshriners.org, and you ll be a part of something special too. it s good to be back with you for this second hour of chris jansing reports. at this hour, more on the breaking news, after intense international pressure, israel now says that for four hours a day, it will pause fighting in gaza. what that means for humanitarian aid and negotiations to get hostages out. plus, after skipping three debates, donald trump s team says don t count him to go to the next one either. what the former president is saying about his remaining gop rivals. also developing, fbi s.w.a.t teams are on the hunt, searching for an ex-national guardsman. what he s accused of doing during the january 6
Lets have a look at the stoxx 600. Falling for a second day. It is a big week for Central Banks. We are keeping an eye on oil and the dollar. The dollar, sixday winning run come to an end. Best winning run until early 2015. Crude high is the most in over two years. The big news in the oil market is what is happening to brent crude, 1. 3 higher, something above 65 a barrel for the first time in 2. 5 years yesterday. One of the most important pipelines in the world was shut because of a crack. Coming up, we are going to talk markets with Vasileios Gkionakis. Bluebellpeak to thomas , the chief executive of axa. Do not miss those interviews. Lets get to Bloomberg Business flash within the low. Ed walt disney may announce a deal. That is according to for some familiar. That comes after comcast, the other major contender, said it was no longer in the running. This thing was to acquire foxs movie and tv studio including fx and national geographic. Britain once a trading relationship with the
Africa is a fascinating story. Votes are being counted for the election. It looks like the more market friendly candidate is going to win. The u. S. Dollar is weakening against the rand. We will catch up with that later in the show. Peso, a big day for emergingmarket elections. It is viewed as market friendly. It is also viewed as looking at the next index down, despite the fact we are getting so much information about the tax plan, about different political developments. David nothing well bring the vix up. Lets get an update on what is making headlines. Trump will do clot declare china a competitor in a speech. His speech will be heavily influenced by his views on trade and economic relations. He is expected to outline economic actions that could target china. In atlanta, power has been restored at one of the busiest airports after a blackout that caused thousands of flights to be canceled. Power says a fire caused extensive damage in an underground facility. Delta says it will opera
At 53 basis points and well discuss. David . David time for an update whats making news in the business world. Good morning, emma. Emma 40 People Killed and dozens wounded this morning in the suicide bombing in the Afghan Capital of kabul. Explosions walked the center and afghan news organizations. Interior Ministry Spokesman said the exact number of attacker is unknown. Islamic state claimed attack. Bility for the in the u. S. Secretary of state Rex Tillerson written an oped defending u. S. Foreign policy under donald trump. He lauded the attack. In the president s move against north korea and Islamic State in his first year in office. Tillerson wrote, quote, in spite of the challenges i remain optimistic about the power of diplomacy to resolve conflict and advance american interests. President trump rejected reports earlier this month he was about to replace tillerson. Nd the u. S. Endured 15 weather related disasters costing 1 billion or more through the month of october. According