Coming up the United Kingdom start a major trade agreement with the worlds 3rd largest economy but details of its 1st post that deal will they remain unclear some republicans failed stimulus this week take a look at the profit in the market then politics but arties. We have a lot to get started. The United Kingdom just clenched its 1st major postbag to deal with the worlds 3rd largest economy well the agreement with japan is a big one for the u. K. Japanese foreign minister confirm the agreement was reached in principle. At 4 pm i had an Online Meeting with International Trade secretary liz truss and we have reached agreement on comprehensive Economic Partnership between japan and the u. K. In principle. In a press release britains trade department stated the deal is expected to increase trade between the 2. Countries by 15200000000. 00 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 Parliam
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
The governors of new mexico, kansas and guam as well as douglas holtzeakin, former director of the Congressional Budget Office. This virtual hearing is just over four hours. The committee will come to order. Authorized to declare recess of the committee at any time. Before we begin todays hearing, i want to remind you of a few matters including some regulation accompanying House Resolution 965. I would ask all members to keep themselves on me was. This will minimize disturbances not being recognized with background noise they made only again one at a time. If you are participating today please remain with us during the hearing t that she recommends vendors identify themselves and facilitate the chairs recognition. I would also ask members to be patient this hearing is entitled the need for Financial Aid to americas states and territories during the pandemic. I now recognize myself for four minutes to give an Opening Statement of the 189,000 people have lost their lives to the virus las
Biden hop bidenharris ticket. Are also speaking with the General Mills ceo. We will be delving into all those angles in the next hour. We start on the market with sarah malic, cio of global equities. She oversees 1 trillion in assets. The backdrop, are we seeing real inflation and rotation in Asset Classes . We dont think it is a permanent rotation in Asset Classes, because cyclicals are so cheap. Markets have been very optimistic over hopes of a vaccine and earnings that stimulus is being pushed out a little bit, and that is becoming concerning and as we look at the rest of the year, between high valuation, issues over trade costs and concerns over the election, we are more focused on quality in the u. S. , but what we do like is expectations for a weaker dollar. We are looking at international markets. They have a bigger they have a better handle on the covid crisis. What do you think about the outlook for inflation . It is still relatively muted. Areou think markets underpricing or
A different picture in europe for border controls are being eased and cafes and restaurants have fully reopened then friends. Family here the family of very short brooks the latest black man killed by police in the u. S. Call for justice and. The Russian Court sentences a former American Marine to 16 years for spying after a trial the u. S. Has branded a mockery of justice. In sport cancer officially opens its 3rd stadium for the 2022 world cup coronavirus a prerecorded ceremony rather than a long football match kicks off the Education City that. The World Health Organization has delivered fresh warnings about a post. 2nd wave of the corona virus with 100000 new infections now being reported almost every day the w. H. O. Said the outbreak in beijing is a concern more than 100 infections have been confirmed in the city after 50 days without a new case and in india around 15000000. 00 people will be locked down again in the city of shanghai from friday after a surge of infections there i