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and i m anna edwards in london. let s start the program with data out of the eurozone, specifically out of italy. we had gdp data hitting the bloomberg. exactly inline with estimates, 0.4%, the second quarter pulmonary reading. that is what the analysts were looking for. data on abetter number of fronts from italy. industrial output expands in the second quarter. the jobless rate, still too high of course, but coming down. better news on exports and bank rescues taking place in italy. those are some of the headlines in the second quarter. in line with that, we see this better growth picture, in line with estimates and the previous quarter. let s look at where we are on various assets. 1.1720.uro-dollar, heading into this we were at 1.1755. a little bit of sluggishness on the euro. the stoxx 600, up by 0.7%. gold and yen, continuing to s lip. bullishness in stock markets in europe today. -pound, 0.91.o we are going to get the u.k. wage data and eurozone growth figures. w ....
as our speakers present their initial comments, we ask them to consider three questions with one, what are the principal reasons for the trade deficit, overall bilaterally? second, how worried should we be about the continuing merchandise trade deficit or its current size? third, what, if anything, should the us do about the trade deficit? i have asked caroline freund to go first. the mic is yours. thank you, and it is a pleasure to be here. i was planning to walk through the peterson institute and pick up a copy at starbucks today but instead i had coffee here. bilateral deficit has improved a little bit. and instead we had one. i had bilateral deficit with huber that expanded. not really worried about either of these because i have a surplus with my employer. they kept paying me for my services and at this point i am saving so i am not worried about these, this relates to the points i will make today. i will focus on two things. what is the aggregate trade bal ....
with china, all those events, videos from all those events, are available on our website. americastradepolicy.com. all of our content, as well, including our work on the next gen trade initiative, where we are looking at the future of trade and hosting a series of events looking at things like 3d printing and the impact those have on trade. we couldn t have timed it too much better. last night the president was tweeting about trade deficits. today he ll be issuing an executive order on trade enforcement and trade deficit. as you know, the mission is to educate about trade policy. we couldn t be more happy than to have today s panel. moderated by my old friend, ambassador peter allgeler. after the remarks, we ll have a discussion among the panelists and open it up for questions. with that, peter. thank you very much. thank you all who successfully braved the rain today. obviously we have a very timely discussion topic today. really it is at the very heart of the debate ....
Last month, San Francisco-based startup OpenAI released its newest artificial intelligence model, GPT-4o (the “o” is for omni), which seems to be a leap forward in how the technology can be applied to real-world tasks, including many that human workers are currently paid to do.AI can already complete data entry, administrative work, content moderation and […] ....
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