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Transcripts For CNBC Squawk On The Street 20240712

Whether its medical, some of these states posting some of their highest caseloads since the pandemic began, but then again optimism about the recovery at the same time. Right look, i think that we are all kind of thrown its governor to governor, yesterday in new jersey suddenly we get the you can have 100 people outside, 50 people inside. Versus six we are all kind of confused. With he see some parts of the country looking worse, other parts of the country that were so terrible its wide open and the confusion to me is what are the numbers going to be look like what are they going to look like given the fact that new york now feels like post wuhan and the rest of the country seems like, i dont know, maybe is it going to be italy, is it going to be spain i dont think it is. I think its going to be better, but i have to tell you, carl, that the stuff thats being bought is not in synch with whats happening, particularly the airlines, the hertz rental car, we saw a very good piece in the jo ....

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Transcripts For BLOOMBERG Bloomberg Markets Asia 20240712

Is slightly better than economists were expecting an better than the previous month. Leasing Property Investment looking better. Fixed assets investments, also a drop of 6. 3 . Aonomists were looking at drop of 6 , but the trend seems to be better than the previous month. I guess it continues to show that this could still be an uneven recovery we are seeing in china. Uneven recovery but a broadening of chinas recovery, as well. We heard new home prices, the most in six months. That is a good sign as the economy reopens. We are seeing how home prices in terms of growth has accelerated. Easing on credit, helping a lot. Just to recap, retail sales, 2. 8 . Retail sales, still contracting, retail sales have collapsed. Consumers are pretty cautious when it comes to coming back to spending. Beijing and other chinese cities are giving up consumption vouchers to its people. They encourage them to spend in the fiscal month of the year. ....

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Transcripts For BLOOMBERG Bloomberg Daybreak Asia 20240713

Opecs cuts may be draining the glut. The bank of japan prepares for unscheduled talks as the coronavirus keeps extra pressure on the economy. Help for Small Business tops the agenda. Downside are seeing a start to trading on this final friday session of the week. Overwhelmingly, the concern over these escalating tensions between washington and beijing, and now also, beijings expected move to impose the National Security law on hong kong and we are watching, in particular, the start of mainland trading as well as hong kong trading and trading in the hong kong dollar but in the meantime, we are seeing a downside view when it comes to nikkei futures as well as kospi. Sydney futures looking to extend losses of. 4 in the previous session although we could expect to see some modest gains when it comes to the Energy Sector gi ....

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Transcripts For DW Covid-19 Europes Moment Of Truth 20240713

T w. How will cope with 19 redefined what the European Union is all about hello everyone for france 24 on false hope to god and paris and im melinda crane for daughter of ella in berlin in the European Union health care has always been handled at the National Level so as the corona pandemic swept the continent it was nation states that were calling the shots even between close e. U. Neighbors borders were closed crucial medical exports were stopped and solidarity was looking pretty illusory but that is now changing with french patients for example being treated in german hospitals yeah and mullins out with a crisis that were 2 months into which shows some are calling the biggest test for this continent since world war 2 a lot of questions Going Forward the french pre ....

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Transcripts For BLOOMBERG Bloomberg Markets Americas 20240713

Things will get worse than they are right now. It is 10 times more lethal than the seasonal flu. The flu has a mortality of 0. 1 . This has a mortality of 10 times that. Much dr. Fauci says how worse things become depend on the ability of u. S. Authorities to curtail the influx of travelers who may be bringing the disease into the country, and the ability of states and communities to contain local outbreaks in the united states. Italy has unveiled a 28 billion stimulus package to help the the coronavirus outbreak. Italy needs special permission from the European Union to spend more than allowed under the strict budget rules for member states. The country has more than 10,000 confirmed cases of coronavirus. More than 600 people have died in italy. Im Mark Crumpton with bloombergs first word news. Bloomberg World Headquarte ....

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