More choices of help Health Insurance policies and to extend cautionary production subsidies during 2018in and 2019. The subsidies pay for copays and aboutor the bulls for millis of low income americans who buy Health Insurance on the Affordable Care act exchanges. Our goal is to stabilize a number where the cost of premiums and to enable americans to have access to Health Insurance. I legislation will be based on the four hearing and other meetings that the Senate Health education and Labor Pension Committee held last month. Chairman of the committee and senator murray is the rankingom democratic member. Thesee hearings were bipartisan. They were lengthy and they were remarkable in this sense. Then came nearly 60 senators from bothat Political Parties in the discussion to not only have the four hearing which involve the members of our Health Committee, but we invited any to come to a Committee Meeting and meet the governors and state commissioners and others who are testifying. 37 did
Policies. They airline will offer as much as 10,000 to customers who voluntarily give up their seats on an overbooked flight. And it will not call in Law Enforcement unless safety and security are at risk. President Vladimir Putin says that crisis over north koreas Weapons Program continues to escalate. That is after the issue dominated talks with japanese Prime Minister shinzo abe in moscow. Advocatingutin is all sides refrain from military rhetoric. They discussed a longstanding dispute over islands seized by the former soviet union after world war ii. Bastad both sides have still not signed a peace accord. On the police. Carrying out an operation today targeted a man they said was carrying knives a man carrying knives in a bag. London metropolitan police said the 27yearold man was stopped and attained in what they called part of an ongoing operation by the forces counterterrorism unit. No injuries were reported. Global news 24 hours a day, powered by more than 2600 journalists and a
Points to the president s minimum plan. Is there any cut better than no cutpn . n . . We have been stein and [inaudible] i think hes being realistic. Think about that. That 15 number, we dont have to go that low. Competing ground. Were not competing against the Czech Republic. 25 . The Czech Republic is glad you said that. Retailers are paying in the high 30s like 38, 39 . They would love 20 . I would like to see taxe cuts fr legitimate small business. I think we can give them 15 of the large multinational global corporations, 25 . Eric i dont know. I love charles painted death, but im just saying, you start out the gate with a number that substantially higher than the proposal thats likely coming in, its only going to go up from there. It will only go up from there lets talk about why was 15 in the first place. States, on average, have a 5 rate. You add five and 35 which is the present rate, you are at 40 . To get to 22, the average of the european countries, youve got to do 15. And
Means a fed hike moving to the back burner. We have the numbers from the latest Hong Kong Survey and discuss the implications of tokyos election results. A terrible outcome for the Prime Minister. Tensions in north asia as north korea continues to worry leaders around the world. We will get an update from beijing on the latest. This is Bloomberg Markets asia. I am betty liu here in new york. It is just after 7 00 a. M. In hong kong. Busy monday in asia with president xi jinping delivering that 20th Anniversary Gift hong kong, right . The bond connects set to launch this morning. We are expecting a ceremony at 9 00 in hong kong. Also, japan as well, a major setback for Prime Minister shinzo of days party shinzo abes party. We are looking at manufacturing a sectors and how they fared. The Manufacturing Sector has probably done pretty well in japan. Exceptingght, msci china ashares, and now the bond things, so it looks like are on fire there in china. We will see how things go. Setting up
Manufacturers up for a Third Straight quarter as exports drive expansion. Haidi chinas latest hong kong connect starts today, giving overseas investors access to the 10 trillion debt market. Beijing taking aim at washington after the pentagon sent theyve or shipment to disputed waters. Half an hour away from bond connect. The whole idea is to connect the world through hong kong, sending the northbound traffic to this 10 trillion bond market, corporate and sovereign as well, in china itself. What do we have . The idea is we have this big premium over china debt over u. S. 10 year debt, and hoping this will create demand, pushing yields down as we see that you cap balloon gap balloon. Of 120 five basis points difference between what you get in terms of yield in the u. S. Compared with china. Thats right. We are looking for the onshore rate as well as the dim sum bond and forstart never ring the chinese bond premium to start normalizing as well, closely correlated to money market rates. W