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Transcripts For DW Business - News 20240712

Close to the awfulness of the creation of our solar system which are slanted is a bit like winning the lottery ok i salute google. Earth more you need to start september 18th on t. W. European companies complain about the bullying from beijing they say officials are refusing to let many of their executives and stuff back into china for walked us to being expelled when the pandemic broke out. Of lunch or in spanish breaks out over a make a joke tiffany sued l v m h o calling off the deal the french from blames the french government for getting involved. And the bill of the race heats up g. M. Announces another major electric Vehicle Partnership this. Start with the start up nicola. And lets do business a survey suggests chinese officials are using the coronavirus to double down on foreign firms a great deal of European Companies stationed in china say beijing is refusing to grant their bosses and workers entry the findings come just days after president xi jinping promised the Business

Transcripts For DW Fokus Europa 20240712

Hello im terry martin good to have you with us u. S. President under fire again for his handling of the corona Virus Outbreak following an explosive new book in that book veteran Journalist Bob Woodward says trump deliberately downplayed the danger posed by the virus in the 1st weeks of the pandemic at a News Conference the president defended his handling of the crisis from said he was not lying to the public but that he did not want to called panix more than 189000 americans have died from the virus so far i dont want people to be frightened i dont want to create panic well joining me here in the studio for more is to reporter and us expert peter went to tell peter what do you make of trumps xx. The nation for apparently misleading the American Public about the dangers of a credible right i mean i think one thing to understand about trump is that he is hes a big believer in the power of positive thinking right he likes to talk things up rather than play them down except for apparently

Transcripts For DW Leiden Fur Den Luxus 20240712

And ok well all of this of course is happening right in the middle of the u. S. Election campaign and the democrats have been watching what these revelent revelations that have been coming out of that bob woodward book lets take a listen and what democratic candidate joe biden is saying about these latest revelations he knew how deadly it was it was much more deadly than the flu he knew and purposely played it down worse he lied to the American People he knowingly and willingly lied about the threat it posed to the country for months. He had the information he knew how dangerous it was and while this deadly disease ripped through our nation he failed to do its job on purpose it was a life and death betrayal of the American People. So joe biden is saying that trump failed in his duty to protect the American People even though he knew there was an imminent danger could this further damage trumps reelection prospects do you think yeah i think you know biden is not just up by 8 points you

Transcripts For CSPAN Fed Reserve Chair Powell Treasury Secretary Mnuchin Testify On CARES Act 20240713

Massive local tax increases. Anyone of those alone threatens to make this economic crisis even worse and the combination of all three is almost unthinkable. The bureau of labor statistics just reported that state and local governments laid off nearly one million workers in april. That is almost one million firefighters, police officers, teachers, Emergency Personnel that should be on the front lines of the Public Health crisis but are sidelined instead. Chairman powell, let me start by asking, do you agree that our economy will get worse if state and local governments are forced to lay off even more firefighters, teachers, any and Emergency Personnel . Let me say what we are doing. We have a liquidity facility that is there to address the shortterm liquidity needs that these entities have because of their loss of revenue due to the effects of the pandemic. That is really the tool that we have. I appreciate that. That is not my question. States,ion is if counties, and municipalities con

Transcripts For DW Business 20240713

Explain to us who really needs because. I can guess a lot of these deals that beijing is doing with paris are just side deals in comparison to its problems and deals its trying to strike with the u. S. It may look like a site deal at 1st glance ben but china has months and up its power play now with the Us Withdrawing from the paris climate agreement and china reaffirming it actually makes china the lesser of the 2 bet guys what doesnt help the u. S. Image at this moment is todays report by the United Nations that said that the u. S. Tariffs on chinese goods has hurt both economies and especially hurt American Consumers at the heart of it all so doing business on the environmental front is also quite a tricky one right now at a balancing act tell us more about that trade deal though between the potential trade deal i should say between the u. S. And china where we are right now well Chinas Foreign Ministry insists that there has been Constant Contact between the 2 negotiating teams and

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