Means no john participation in such a u. S. Mission so calm. Many think might succeed michael as the city uses as a conservative candidate in the next election she is trying to leave all or options open anyway still some confusion there that last week before Boris Johnson took over as Prime Minister in the u. K. The u. K. Proposed a European Naval mission to the gulf to help protect shipping in the strait of hormuz would germany bore me more amenable to a European Mission i personally think so and such a mission under a european flag germany would probably find its role has been similar European Missions in the past some of them quite successful and john vessels where in that flight it was for example that was one mission of off the coast of east africa and to Piracy Mission but if you look at the john navy these days the rest. So many vessels under repair and undergoing an overhauling process so theyre adalat if germany would or even could send ships into such a European Mission so th
Shery you are watching daybreak asia live from new york, sydney, and hong kong. Annabelle we are counting down to asias major market opens. Haidi risk off mood in asia. Treasury yields higher along with the dollar. U. S. Crude prices hitting a fresh one year high with shrinking stockpiles in the larger storage hub spilling demand for physical barrels. In battled Country Gardens takes a step towards restructuring its debt after narrowly avoiding default. Shery how u. S. Futures are trading early in the asian session, marginally higher at the moment after stocks finished mixed in the new york session. We have the s p 500 fluctuating throughout the session, just to finish where it started the day. At least, it ended up erasing some losses we saw earlier in the session after President Biden counted Artificial Intelligence. We have the vix declining a little, still at the highest levels since the end of may. We have the nasdaq 100 outperforming today. We saw treasuries slumping again today.
The fight between americas Biggest Car Companies and the uaw over pay and Better Benefits is playing out in a key Battleground State in the 2024 president ial election, that is michigan. So this visit by President Biden is no accident. Hes trying to turbo charge the market for Electric Vehicles, that is part of his policy to reduce Greenhouse Gas emissions. His signature legislation, well, its known as the inflation reduction act, and it includes billions of dollars in incentives to get more clean cars on the road. President ial opponent, donald trump, who is also visiting michigan on wednesday, well, theyve argued the shift to Electric Vehicles will killjobs because, after all, it takes fewer people to make a battery than a combustion engine. And many of the new Battery Plants are being built in states that are hostile to organising. Add to that biden s push for clean energy, well, it hit another roadblock on monday. That is after ford said it was pausing work on a 3. 5 billion Batter
Senator flake the nuclear side was pretty tight. It does truly limit irans ability to at least amass enough fissile material to make a bomb for 1015 years. Thats a good thing. The part the troubled me most is that this probably should have been a treaty where it binds all parties. Instead, it is an executive agreement that just lasts the length of the presidency. When there are other issues, like problems with what iran has been doing in the region, some of the terrorist activity, i thought that the agreement unfairly restricts congresss ability to respond to that type of behavior. Thats what tipped the scales for me. For those who say this is an easy call, i think they have not looked easily at it or all the closely at it. This is a tough agreement. Charlie if we oppose this deal what do you mean on the opposite side of our allies . It depends on whats which allies you are talking about. Sen. Flake the p5 plus one negotiated this agreement. The countries who have been involved in the
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