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BLOOMBERG Bloomberg Markets European Open July 13, 2024

Fires rockets at u. S. Military base its. Tehran says it doesnt want war. Boeing737 jet crashes in a ron shortly after takeoff due to stateat stadia media describes as technical issues. All people on board were killed. Carlos ghosn says nissan used him as a scapegoat to block further integration with renault. He speaks out in a press Conference Today in beirut. We are also getting german factory orders in the economic data. It does not look good. November factory orders dropped 6. 5 yearoveryear. November manufacturing orders dropped 1. 3 month over month. That we haverders been waiting for here in germany just dont look good. You want to pull that up on your bloomberg, type ego go. Pull down on the german flag. The picture is fairly dire. Just under an hour away from the start of cash equity trading in europe. Before the factory ders came through, they were bad enough. Now you can see, dax futures are down even more. 1 . More t ....

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CSPAN2 U.S. Senate U.S. Senate July 13, 2024

That should be the basic ingredients of tax reform. First it should be fair to taxpayers of this country. The tax bill enacted two years ago was certainly not fair. It failed in that test. As i pointed out, who benefited . Well, large corporations benefited dramatically by this bill, but they said look, well pass it on to the workers. But did they pass it on to the workers . In 2018, 1. 1 trillion were used to repurchase stock to make the wealthiest even wealthier and did not go to the benefit of the workers. It benefited the greatest on the personal income tax side to the highest income taxpayers. They are the ones who benefited the most. It was not fair to middleclass taxpayers. Secondly, a tax reform bill should be fiscally responsible. After all, we have taxes in order to raise revenue, in order to pay for services so we dont borrow from the future for our children and grandchildren to pay for what were doing today. The administration said that this would be a fiscally responsible ....

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CNBC Squawk On The Street July 13, 2024

Tea leaves boosting stocks china says trade reps are in close contact with the u. S futures do point to a second higher open. Plus, putting mergers on notice Elizabeth Warren drafteding legislation to reverse mega mergers. And a shakeup at united airline, oscar munoz stepping down president scott kirby will take over next spring we do have breaking news on gm for that we will go to phil lebeau in chicago. A busy day, phil. Reporter it is a busy day, phil General Motors announcing it is forming a joint venture with lg chem the two companies will be creating an electric vehicle battery plant in northeast ohio. It may be if lorn lordstown or outside lorsdtown where gm used to have a plant. They sold the plant earlier this year gm will invest up to 2. 3 billion into that joint venture with lg chem located near lorsdtown, ohio and create up to 1,100 new jobs this is a move many ....

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RT CrossTalk July 14, 2024

Measures of retaliation outside of tariffs same question to you michael in forest hills here i mean it really is about a paradigm shift one power not wanting that shift to occur and another one feels that its finally reached its place on the global stage i mean the this is these are piers they are genuinely piers now economically but its something the u. S. Has never had to confront go ahead michael well that doesnt stop you needed. Were economic surrender it was china and russia and other countries all could be dependent on United States information technology. Dollar and finance. In their culture so that these countries do something america doesnt like it can impose sanctions on them that will hold whole apart all of the connections of their economy no other economy is going to go along. Yes and china and any other economy is going to say wed better be independent from any ability of the
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RT CrossTalk July 14, 2024

Century economically and technologically the United States is fighting very hard to preserve the status quo its position in the world and we can focus in on the tech sector and this is really what its more about its who is going to dominate and thats why its taking so hard to get an agreement and its and thats why its so politically important more so for trump because hes up for reelection but of course the chinese leadership has to come through for the Chinese People because well theyve been on a pretty good roll for the last 30 years they want to keep it going go ahead heather that is that is very true i think its important to stay where we are in the tariff negotiations the u. S. Has imposed thus far 25 percent and 200000000000. 00 worth of goods coming from china and that was recently increased from only 10 percent now china has also retaliated anywhere between 5 and 20 pe ....

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