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Transcripts For BLOOMBERG Bloomberg Daybreak Americas 20240713

Well as in london. We begin with a biggie week a busy week for Central Banks. Bank of japan says they will take on unlimited buying of Government Bonds, lifting the cap also on corporate holdings. I, he joins us now. , kitchen sink, we are still throwing it. Michael Central Banks are all as string the question of what you do when you have throwing the kitchen sink. In the back of japans case, you just make the sink a little bigger. The bank of japan already has negative rates, Corporate Bond and etf buying, and an emergency Lending Program, so they just decided to make those programs a bit bigger. Unchanged at rate 10 basis points. Remember, they do yield curve control. They mentioned they would buy as many
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Transcripts For RT Redacted Tonight 20240713

Of a there they did i think im a big fan of your writing you wrote an excellent article recently in which you said during a pandemic the private sector austerity model has fallen apart weve seen such a tremendous collapse of the capitalist state institutions that are supposed to help people during the crisis the guideline for what to do is been all over the place the medical gear is not available the hospitals are overwhelmed that the tests still arent widely available in the u. S. Can you talk about why it is that our institutions have failed us so thoroughly. You see you. Really. Should. Reply did it or government how do you know what is still gallus legal austerity should actually be called. The United States government since the financial crisis of 2008 has deeply cut into these areas the area of education and social. Which is why on the one side there was no real preparation for the emergency on the other side you know you hav ....

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Transcripts For RT Redacted Tonight 20240713

A great show for you tonight lee cam sits down with the jaipur shot a journalist and an author of 30 books a political philosopher and the executive director of the Tri Continental Institute for social research they talk about the failures of our government to deal with this crisis the demands workers should be making and much more than redacted correspondent Natalie Mcgill will talk about some mind blowing old news from Medieval Times the era not the eatery then i will go into how big businesses are taking Small Business support good news for people who like breathing and how the virus is remaking the College Process College Education proce ....

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Transcripts For KPIX KPIX 5 News At 6pm 20240713

Crisis. I think its a good thing for us, you know, this quarantine, all of us not working. Reporter but its not good for marathon petroleum, as it announced its shutting down its massive martinez refinery, a process that takes about a week. The company said its grant to shut down on sunday because of a 60 drop in demand for gasoline brought on by the coronavirus, and californias shelter in place order. This is are a really unprecedented event that the refineries, i think, are scrambling to respond to. Reporter uc burke berkeley studies the industry and called marathon a major producer. It can process 161,000 barrels of crude oil per day and employees about 740 people. But with wholesale prices dropping, it no longer makes economic sense to keep the refinery running. Theres just way too much gasoline being produced, and the refineries have no place to put it. So somebody was going to have to stop producing, and it looks like the marathon refinery is the first one in the bay area to actu ....

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Transcripts For KQED BBC World News America 20240713

And by contributions to this pbs station fr viewers like you. Thank you. America. Reporting from newamork city, i aura trevelyan. 26 million americans have lost eir jobs in the Coronavirus Crisis as the economy grinds to a standstill. Meanwhile, t death toll climbs above 47,000. Social distancing on capitol hill. Rsu. S. Lawmakeork on an emergency aid package, taking no chances. Plus, the uks first human trial of a Coronavirus Vaccine is underway. Volunteers were injected on thursday. Laura for all of you watching pbs and around the globe, welcome to world news america. The United States now has more onthan 850,000 cirus cases. In new york alone, more than 15,000 people have die the economic picture is bleak, too. More than 26 million americans have lost their jobs since this began. An extra thr had a 70 billion ....

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