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Transcripts For RT Boom Bust 20240712

A press release britains trade department stated the deal is expected to increase trade between the 2 countries by 15200000000 euros while u. K. Businesses will benefit from tariff free trade on 99 percent of exports to japan well the deal still needs approval by Japans Parliament which would be passed by january well this comes as britain published an initial estimates on the countrys growth for the month of july a summit show that the g. D. P. Grew by 6. 6 percent this according to data from the office for National Statistics the economy showed a decline of 11. 7 percent compared to the same period last year now full u. K. Recovery is not expected until 2022. We focus a lot of equities but it turns out many of the biggest movers this year are commodities well oil being one of the biggest decliners down over 40 percent and Precious Metals were. They are taking the spotlight as gold reach new all time highs just this year joining us now to discuss bill must cohost and rick roll c. E. O

Transcripts For RT Boom Bust 20240712

To do very very top i think it is. The water where all the patients you walk on and give the go ahead. This is the one business show you cant afford fairmont washington coming up as unemployment remains unpredictable. Inflation is from paul will break it down to what that means the u. S. Economy Going Forward in the United States the world over a trillion dollars and off for them to take a look at the numbers and think just. How countries are adjusting to the dramatic drop in International Travel have a lot to get to so lets just start. Its thursday and u. S. Unemployment numbers are in more than 1000000 americans filed for jobless claims for a 2nd consecutive week well the Labor Department reported it with a weekly drop of 90000 but this is down from the 1100000 the previous week now this also marks the 22nd time in just 23 weeks the jobless claims are above 1000000 claims dropped below the 1000000 earlier this month but only for one week now this was since the start of the pandemic i

Transcripts For RT Boom Bust 20240712

Has changed lives and pharmaceutical companies have a miraculous solution. Based drugs to people who are chronic pain and believe that their opioid prescription is working for them in the remedy. To the price at the. Dependency in the addiction to opiates to long term use that really isnt scientifically just right now a study actually suggests that. The long term effects might not just be the absence of benefit but actually very very right because in the long term. This is a boom bust that one business show you cant afford to miss there montevideo going to washington coming up as unemployment remains unpredictable. Inflation is the ball will break it down and what that means the u. S. Economy Going Forward in the United States and the world could lose over a trillion dollars in lost for them in terms of take a look at the numbers and see just how countries are adjusting to the dramatic drop in International Travel have a lot to get through so lets get started. Its thursday and u. S. Un

Transcripts For RT Boom Bust 20240712

Revised estimates of 2nd quarter g. D. P. And said it fell at a 31. 7 percent annual rate thats slightly less than the 32. 9 percent that was originally reported lysol comes as lawmakers have yet to reach a deal on a new Coronavirus Relief package. Meanwhile the Federal Reserve announced thursday plans for a new framework that will likely allow them to keep Interest Rates lower for a longer period of time will. Change their view a little later on inflation rate of 2 percent is most consistent with our mandate to provoke promote maximum achievement and price stability finally we continue to believe that Monetary Policy must be forward looking checking into account the expectations of households and businesses and the legs of monetary policies effect on the economy thus our policy actions continue to depend on the Economic Outlook as well as the risks to the outlook. Well for more we turn to boom bust cohost and investigative. Line ben lets start with what the obvious here now now Federa

Transcripts For CNBC Squawk Box 20240712

In southwestern louisiana, about 30 miles east as a cat 4 a storm surge forecasters say could be 20 feet deep. Good morning to you. Reporter good morning. The rain is steadily coming down here as hurricane laura moves up the coastline or state line from lake charles up to shreveport where i am the rain is coming down steadily for the past several hours this storm has been downgraded to a category 3. Many concerns remain around heavy rain that could lead to flooding and the possibility of high winds that could impact trees and cause trees to fall and lead to downed power lines and outages much like we are seeing in the southern part of the state. Shreveport is one of the places folks were evacuated to from lake charles we are here along the riverside where folks are staying in hotels to get away from the storm but the businesses here are closed casinos here are closed. The cities in the area, the surrounding area, School Districts all closed for the day as they wait out to see what exac

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