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Transcripts For BLOOMBERG Bloomberg Markets Asia 20240713

There have been 10 serious patients on that cruise ship. For now, lets get a check from the markets and see whats happening across asia. Heres our cross as it reporter. To, thes you did allude mood is optimistic, China Mainland and hong kong. The who said overnight despite we saw yesterday was not necessarily reflective of a larger surge in cases. Yes, we did today get 5000 new cases reported, but much less than the 15,000 yesterday. You can see the csi 300 climbing. S p futures have turned higher after closing lower in the United States. And the nikkei is falling down 6 10 of 1 . And really weighing on though he nikkei is nissan. Its a smaller weight, but its the worst performing stock, having the worst space, falling the lowest level since 2009. This came after an Earnings Report that cut its profit forecast for the second time and slashed its dividends. Back to you guys. Haidi we are getting some of the updates from japan. The Health Minister speaking to reporters, saying they are s

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Transcripts For RT Boom Bust 20240713

Know that that can hurt them as it has but they also know that it hurts mr trumps reelection bid because it hurts manufacturing farmers and others so the bit bottom line is its a theater driven by the calculus mr trumps calculus how much does the theater gain me and the how much does the theater lose me and what every resigned this coming week it will be overwhelmed by how that calculus shifts between now and election day next nor the november but if the chinese side decides to sign something that they simply cant deliver on because these are impossible benchmarks to fulfill all of us we said then wouldnt it just be a question of if not when then like how chinese will default in the socalled agreements. I think this is a bit more complicated the chinese understand that they get some real immediate advantages tariffs that were set to go into effect wall now thats been agreed to tariffs that were imposed in september are going to be either eliminated or removed its still true that half o

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Transcripts For RT Boom Bust 20240713

Lends a 2nd hand to break down this and other major developments in the euro zone and later 2019 has been a shining year for gold as the price has jumped on economic turmoil david mcilvaine financial help us dig into the sector and how its been competing against other asset we have so much to get to today lets go. Stocks are falling across the board from their all time highs monday the penultimate trading day of the year equities have enjoyed a strong December Santa rally and Oil Prices Continue to trade higher on china u. S. Optimism the pullback today is most likely due to the fact markets are in the midst of a liquidity and news desert during those final few days of the year chinese vice premier and top negotiator leo ho will visit washington this week where he is expected to sign phase one of the agreement however a political concerns continue to bubble in the background as neither side has released any specific details of the trade agreement and no text has been released while the

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Transcripts For RT Boom Bust 20240713

Dragging this phase one out for a long time a signing ceremony translations legal scrubs more and more fluff trickling little bits of information every single day to give the markets an illusion of progress but is this thing actually going to get signed i mean multiple analysts have already came out and said that the benchmark exports set by the u. S. Are simply unfeasible as they have exceeded that of 2017 why would china agree to Something Like that. Well i think for the chinese its a question of gaining time for them this entire sauce started with the initiative of mr trump its political theater weve said for a long designed to make mr trump appear for his reelection bid as the protector of the United States making the charlie knees and for that matter everybody else in the world give the United States a better deal beating up on the foreigners for cheating thats as old as methuselah in the world of politics. Next and mr trump is trying it again the chinese know that that can hurt t

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Transcripts For RT Boom Bust 20240713

More expensive and uncompetitive products construction of north stream to began last year as of november 29th seen more than 80 percent of the pipeline was built its launch a shuttle for 2020 the 2 lines of north stream and north stream 2 from russia to germany are currently bin laden and the baltic sea total capacity is expected to be 55000000000 cubic meters of gas play yet some of europes Biggest Energy firms are involved in construction of north stream to the pipeline it will pass through territorial waters and Economic Zones of the Russian Federation Finland Sweden denmark and germany according to the russian side the north stream 2 construction project complies with International Law and there is no legal basis for it suspension therefore it argues opponents of the project are using illegal tools that threaten the Global Economy moscow has repeatedly stated that north stream to is an absolutely commercial and competitive project germany has also repeated lists. That no stream to

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