Trump continued to blame china over allegedly mishandling the coronavirus in what he says could have been stopped from spreading we will distribute a vaccine we will defeat the virus we will end the pandemic and we will enter a new era of unprecedented prosperity cooperation and peace as we pursue this Bright Future we must hold accountable the nation which unleashed this plague onto the world china. For more on whats going on in this tit for tat between the worlds 2 largest economies we want to bring in bill must cohost christiane i and author of understanding socialism and host of economic update professor Richard Wolffe professor as relations between the u. S. And china theyre continuing to deteriorate is a cold tech war really an unavoidable at this point and if so how is this going to end. Well i think its avoidable i think what youre seeing is mostly posturing by mr drum for domestic electoral votes. Theyre seeing china seems to be is our 8 year old what will gain games from cong
Gave this answer whether asked about a peaceful transition of power. President trump get rid of the ballots and you will have, you will have a very peaceful, there wont be a transfer frankly. There will be a continuation. Charles we get reaction from the rnc coming right now. All that and so much more on making money. Charles recently in a mad dash for the exits weve seen gains turn into losses quickly. Some are comparing this action to the socalled taper tantrum. You remember back in 2013 when there was a great fear that the Federal Reserve was going to turn off the spigot, begin to undo the massive quantitative easing. Dont say to Stuart Varney i said qe. The stock market knows it has the power to moving averagers and shakers, president , congress, ceos, yes, even the Federal Reserve. I think the market rallied big time in august because it assumed there would be more accommodation. Then last week the market had its wakeup call, maybe the fed dont do more. Now the chance of fiscal he
A sort of conscious always. With the biggest composer of all time i cant begin to imagine a world class horn player several weeks on a musical journey of discovery. With alfred. Stuart september 16th t w. U k signs its 1st major trade agreement after brags that london says its deal with japans strong start critics of britain didnt get much more than what it had under the e. U. Also on the show marie shows are still cleaning up from an oil spill from the ground the tanker the Japanese Company the charter the vessel itself opening its wallet. And its known for its lavish tales of romance now nollywood endures a real life drama as the pandemic. The industry. Good welcome to the show im Stephen Beers in berlin its good to have you with us britain has reached its 1st major post trade deal with japan its supposed to be implemented on the 1st day of next year and the u. K. Government says that the deal voids high tariffs on exports in japan like textiles and food items on the japanese side Ca
Want to welcome to date every news africa many medical workers in god still have to do their jobs without adequate protection there is a shortage of people or personal protective equipment in the country and more than 2000 medical workers have been infected with the coronavirus since the outbreak began the government and private donors have ramped up if its to provide the much needed but as one investigation revealed some hospital staff have been saving the people on the black market. Here at this clinic in central gonna health where cat had been is. And his colleague caring for patients m h 1000. 00 pandemic but often without their required protective medic aqua dane diffidently to run out of supplies several months ago at schools in webcasts today the risk of infections to lactate says they face mask hes wearing hasnt been changed for weeks before this one says cholera me just useful nice full of the obvious message and did you know how to change things you want to wait so i was what
Cash trade. Here are your top headlines from the bloomberg terminal. Trumpa on the defensive. The president stands by his handling of the coronavirus on day one of the Republican National convention. Says democrats are still blaming America First Nikki Haley Says democrats are still blaming America First. The chinese arrives in europe today. Demandsla merkel answers from russia after it was putin critict the was likely poisoned. We have figures crossing the wire right now. The German Economy shrank 9. 7 in the second quarter. The initial estimate was for a drop of 10 point 1 . This is a second look here, and so it looks like it is a little better than expected. Still, of course, a massive drop , the quarter over quarter figure. The yearoveryear figure is a drop of 11. 3 , so a big drop in the german gdp. That the bloomberg economists expect a rebound in the second half, and of fullyear drop of about 6 for 2020. Lets take a look at what futures are telling us after the new record highs