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Transcripts For BLOOMBERG Best Of Bloomberg Technology 20240713

Motorola unveil a that. We will take a close look at these devices ahead. There seems to be no end in sight to concerns over the coronavirus. The death toll continued to jump after the epicenter revised a method. Thousands of passengers have been quarantined on a cruise ship in yokohama. Demand dropped this quarter for the first time in more than a decade. For market reaction, paul allen and i spoke with victoria hernandez, chief Market Strategist at Global Market investment. We are watching the headline to see what is driving the market. One of the things we tell our clients is that we want to look through the headlines when it comes to investment and strategy. We want to take a longterm approach. Yes, theook day today, virus has caused volatility in the market. We saw that this morning when they reported the higher cases of virus in china. I think we have to look at it a little bit. The market came back and gained 50 what they lost. A lot of that because the increasing cases was due

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Transcripts For BLOOMBERG Bloomberg Markets Balance Of Power 20240713

Constituents how she has navigated her own constituency. Beyond that i spoke with patrick mchenry, a prominent republican commit republican member of the House Financial Services committee who told me the dynamics of whether or not this becomes a constitutional crisis has not been changed. The president emboldened by a poll that found he is still enjoying high supports by republicans in his party. A likely sixday week trial in the senate and this could be wrapped up by sprite a likely six to eight week trial in the senate and this could be wrapped up by next spring. David i want to pick up on president s tweet about nancy pelosi. Fit,d she had a nervous and help the homeless in your district. Hasiously the president refrained from getting too personal against closely. Does this reflect a shift . Kevin it does and it reflects an emboldened feeling from inside the white house that they are not at risk of losing republican support. In terms of the calculation republicans are making behind

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Transcripts For BLOOMBERG Bloomberg Markets European Close 20240713

It was above 59 at session highs come about right now just below that once again. The worst performer in the s p 500 right now, brownforman, the maker of jack daniels, among other spirits. Guy in europe, the picture fairly mixed. We been watching equity markets throughout the week be buffeted by the trade story, and we will continue to watch that. European stocks dipping over the last couple of hours. Lets go to vienna, where delegates are telling Bloomberg News that an Opec Committee is recommending an additional cut of 500,000 barrels a day. Bloomberg spoke exclusively to nigerias oil minister, who said his country would agree to more cuts if needed. It would be a tough decision, but we will have to cut, yes, if that is the position. Joining us from vienna, bloombergs Annmarie Hordern. What effects will these cuts have . Cuts wouldell, these take it from 1. 2 to 1. 7. The big question is distribution. How will this be distributed . Thats what the Russian Energy minister alluded to. T

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Transcripts For BLOOMBERG Bloomberg Markets Balance Of Power 20240714

International partner hence allies of the United States to join them should there be a type of response. How that response is being handled as we open debates inside the capital, with lawmakers openly debating whether or not there would need to be congressional approval for a drone strike. A lot of talk about iran in the situation and nancy pelosi has asked for a briefing from the administration. We dont know who will brief lawmakers or how many lawmakers. Mike pence was here speaking just to republicans, so far no unified front in terms of what the u. S. Response would be or will be to iran. Diane david will come back tearing a moment to talk about robert obrien, lets go to london. We are watching this fascinating three day hearing before the Supreme Court in great britain. What did we learn about the issues the judges are concerned about . The question i have been asked the most in the past three days is when is the core going to rule . Withe said great great specificity, early next

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Transcripts For BLOOMBERG Bloomberg Markets Balance Of Power 20240714

It comes following the developments over the weekend with the planned meeting President Trump canceled with taliban leaders at camp david and comes at a crucial time with regards to the president s middle eastern policies. Remember, Jason Greenblatt stepping away from the administration and the last week. The longawaited mideast peace plan also anticipated sometime before the end of the year. Mike pompeo also weighing his political future within the next 12 months. A rumored senatorial run potentially in his future. A lot of moving parts on the president s Foreign Policy and National Security advising team. John bolton was a controversial figure within the administration , particularly with regards to his hardline approach on iran. There were several differences in terms of how he had assembled a team, but he does have its allies within the administration. The bottom line, breaking news, President Trump announcing on twitter that he has accepted the resignation of john bolton, his Nati

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