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Transcripts For BLOOMBERG Bloomberg Markets Asia 20240712

Australian government is slowing down. It is flat in the session. The jci and jakarta composite index just started off its trading day. Dollar index moving to the upside. Sterling is flat at the moment after gains. Those gains coming about after we got brexit talks being extended to the end of october. That is adding some optimism that may be a deal could be done after one of the chief eu sides comingid see close together at the end of last week. Crude oil and gold moving to the downside as we have limbo in regards to the fiscal package or stimulus package out of capitol hill. Lets have a look at what is going on in terms of the first word news as we get over to new york and join Karina Mitchell. Karina global coronavirus numbers continue to make headlines with the u. S. Reporting record infections for the second day in a row. The white house saying the administration is not going to control the crisis. the news comes as Vice President mike pences chief of staff tests positive. Withe h

Transcripts For BLOOMBERG Bloomberg Daybreak Europe 20240712

Chinas leaders meet to draft their next fiveyear economic plan and the virus recovery. We are live in beijing. Adi terry warning warning from the World Health Organization. We are in a dangerous place. We are not going to control the virus. Are we perfectly positioned for risk . I take you to the changing risk in the polls. And thethe bond market polls. A blue sweep from a 62 probability to 51 probability in a month. It is a curve. Overextended to the upside. These are the markets this morning with the risk from the white house. We are not going to control the pandemic. There are lockdowns in spain. Are you pricing equity market risk appropriately . Markets are trading what they see, not on what they hope. Goldman sachs say you will have to reach for risk. Stocks could outperform the credit markets into 2021. I take you into the response mechanism on the australian dollar, a high beta trade. There, the rba could strike next week with lower rates. You just shredded the cost of hedging a

Transcripts For CSPAN Chinese President Xi Addresses U N General Assembly 20240712

Yesterday, the high level meeting to commemorate the 75th anniversary of the u. N. Was held. The meeting was a significant one as it reaffirmed our commitment to the purposes and principles of the u. N. Charter on the basis of reviewing the historical experience and lessons of the world antifascist war. Mr. President , we humans are battling covid19, a virus that has ravaged the world and has kept resurging. In this fight we have witnessed the efforts of governments, dedication of medical workers, exploration of scientists and perseverance of the public. People of Different Countries have come together with courage, resolve, and compassion which we have confronted the disaster head on. The virus will be defeated. Humanity will win this battle. Facing the virus, we should put people and lives first. We should mobilize all resources to make a sciencebased and targeted response. No case should be left and no patient should be left untreated. The spread of the virus must be contained. Faci

Transcripts For CSPAN Chinese President Xi Addresses U N General Assembly 20240712

Pres. Xi this year marks the anniversary of the founding of the united nations. Yesterday the high level meeting to commemorate the 75th anniversary of the u. N. Was held. The meeting was a significant one as it reaffirmed our commitment to the purposes and principles of the u. N. Charter on the basis of reviewing the historical experience and lessons of the world antifascist war. Mr. President , we humans are battling covid19, a virus that has ravaged the world and has kept resurging. In this fight we have witnessed the efforts of governments, dedication of medical workers, exploration of scientists and perseverance of the public. People of Different Countries have come together with courage, resolve, and compassion which we have confronted the disaster head on. The virus will be defeated. Humanity will win this battle. Facing the virus, we should put people and lives first. We should mobilize all resources to make a sciencebased and targeted response. No case should be left and no pa

Transcripts For CSPAN Chinese President Xi Addresses U N General Assembly 20240712

Boost the and restore economic and social order. Should show concern for and accommodate the needs of developing countries, especially african countries. The International Country needs to take time and robust measures in such roles as debt relief and International Assistance to ensure the implementation of the 2030 agenda for Sustainable Development, and help these countries overcome their difficulties. 75 years ago, china made historic contributions to winning the worlds antifascist war, and supported the founding of the united nations. Today, with the same sense of responsibility, china is actively involved in the International Fight against covid19, contributing its share to upholding Global Public health security. Going forward, we will continue to share our epidemic control practices as well as diagnostics and therapeutics with other countries, provide support and assistance to other countries in need, ensure stable global antiepidemic supply chains and actively participate in th

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