Just a little bit of selling often treasuries. Crude oil is strong today, above 60 a barrel, giving a boost to some of the Oil Producers as well. In europe, we did get some disappointing ism data, but that is not doing anything to hold back markets. Stockocks euro 600 the euro 600e stoxx up. Sterling is off of its high, which was above 1. 35, after the election results. 1. 3334. The renminbi at 6. 9 nine today. Lets get to the latest on the geopolitical and mark laid implications of the phase i trade deal between the u. S. And china. Joining us is tom orlik, chief for bloomberg academics bloomberg economics. Tom i think there is a tangible sense of relief that a phase i deal is going to get over the line, and that those december tariffs are not going to go into effect. The rollback of some existing tariffs is an additional positive. At the same time, we dont have to go very far back in history to osaka over the summer or on a series or but osiris or buenos aries to remember what trade
Be 50 bits rather than 25. 00 and just before the g. D. P. Figure was released finance minister some of them are on announce that 10 Public Sector banks would be collapse into 4 after the mergers there would be a total of 12 Public Sector banks there were as many as 27 Public Sector banks and 2017 and the sector has been dramatically undermined in recent years by a rising tide of bad loans on loss and confidence in the wake of scandalous collapse of Punjab National bank the revelations of fraud in 2018. Turning to another flood the economy argentinas move to renegotiate 101000000000. 00 in debt was briefly labeled as a selective default by the movies Rating Agency in a statement moodys cited the macro administrations failure to sell bonds to finance approaching Debt Repayment payment deadlines and said quote following the continued inability to play a short term paper with private sector Market Participants. Government unilaterally extended the maturity of all short term paper on augus
To knock the argentine peso down by about 2 percent against the dollar falling to 59. 00 against dollars. In the trade war continues to rage on as weve reported in the scuffle and spread to the auto sector now theres a new moves in the auto sector to report and pulling up to catch us up on all busy this and all things automotive is the cars coach lauren fix so lauren 1st lets get right into the tesla news this week china a ministry of industry and Information Technology said on friday that the cars all 16 models sold in china will now be exempted from a 10 percent sales tax in the ministry did not give a reason for this favorite treat men although the founder either musk has been noticeably praised in china and seems to be very committed to selling and investing in that market so is this enough to offset all of those other troubles or at least keep them afloat for a while. While i think its going to help china you have to remember that he didnt 1st announce that hes going to raise pric
Youre watching our change National Bring you your life news update from our studio here in moscow welcome to the program. Court documents reveal that a Big Pharma Company conspired to aggressively push its opiate painkillers this is led to accusations Purdue Pharma cost americas biggest drop economic the company is also accused of downplaying the risks of addiction this led to doctors prescribing its pill to patients even with only minor pain and has more. Usa is in the midst of an ongoing Opioid Epidemic. With the. In response to the Opioid Epidemic 48 different us states have taken action against produce pharma a drug manufacturer owned by the Sackler Family now even the company itself admits that those affected should get help as soon as possible while purdie farmer is prepared to defend itself vigorously in the opioids a geisha the company has made clear that it sees little good coming from here so its a geisha and the pills that people and communities affected by the opiate crisis
Good evening and welcome you watching our International Well 1st this hour we have news from the french city of leone where one man has been killed and 9 other people wounded in a stabbing attack on a train one suspect has been arrested while police say they are still looking for another according to reports the assailants attacked at random they said not yet said whether they believe the incident was a terrorist attack well keep you updated on this story. Recently unsealed Court Documents reveal that spur do pharma conspired to aggressively push its opioid painkillers screenshots of email correspondence published in a multi district opioid lawsuit led to accusations the giant corporation called americas biggest drug epidemic the company is also accused of downplaying the risks of addiction this led to doctors prescribing its pills the patients even if they only had minor pain for the details is killing more. The usa is in the midst of an ongoing Opioid Epidemic. In the. In response to