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Transcripts For LINKTV Newsline 20240622

System aimed at keeping climbers safe. And thousands of origami paper cranes sent to hiroshima from around the world as symbols of peace are being reborn so they can be shared with others. Japanese officials have announced that they will suspend work to relocate a u. S. Military base within okinawa prefecture. Crews were planning to start reclaiming land in a coastal area of nago city to prepare for the move of futenma air station. Many residents of the city have voiced opposition to the plan. The governments top spokesperson says the work will be put on hold for a month so officials can hold discussions with local authorities. Translator we would like to explain to the governor of okinawa our views on how to reduce the risks that the futenma air station and its relocation pose to nearby residents and how to reduce the overall burden on okinawa. I also look forward to hearing what the governor has to say. Workers were planning to start filling in land off the henoko district of nago ci ....

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Transcripts For BLOOMBERG On The Move 20240622

How much does it show chinas concern about the economy . How much will a hurt Companies Selling the to china . The yuan not getting u. S. Much bang getting eu as much for your buck. Out of greece, a deal is done. Greek minister. We want at devil and the detail. It moved a bit. The euro is declining. The dollar rise. Up against 16 Major Trading peers. It is dominating because of the yuan move. China trying to devalue and trying to play catch up as we will speak at the stephen saywell. The dollar has rallied higher against asian peers a global peers, will not see will not seen it. The overall affect market to very stable. They let go because the data makes too much sense to start a export growth. Dollar rallying higher. Will it play in for the Federal Reserve thinking of a rate rise . Is this exporting deflation to the ....

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Transcripts For BLOOMBERG The Pulse 20240622

First, china has devalued the yuan, cutting by 1. 9 . Francine that ends a peg to the dollar. The decision led to the currencies against oneday loss in more than a decade. Run us through the Immediate Impact on markets. Absolutely. This was an abrupt move by the chinese. The yuans biggest drop in two decades and a lot of lingering questions, or questions that will spark geopolitical questions that will have to be dealt with with trading partners. Lets talk about the market impact. We begin with equities which saw a more muted impact. The hang seng index now turning negative. The shanghai composite flat. It was higher earlier. That looks like it is basically unchanged. Same thing with hong kong. The dude see optimism in chinese shares on speculation we did see optimism in chinese shares on the speculation that this would boost exports. Not market friendly to those countries that would be adversely impacted, particularly in the as ....

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Transcripts For BLOOMBERG Bloomberg West 20240622

Look at new financial options. See alphabet make bigticket acquisitions. How much is running on moon shots. Is extending human life even possible . First let me tell you about alphabet. Alphabetcompany is all that we once thought of as google it separated into units. There is fiber, the cable internet provider, calico the bio firm trying to cheat death. Andures the Investment Firm alphabet, home of the moon shots. The core moneymaking business still lives as google. Some are calling it classic google. And it is include search and ads and youtube. By pichai. Eing led chai launched chrome who took over android operations and recently almost all of consumer android products. Joining me to discuss how we can accomplish big things is brad stone, and ben leg. What is possible . What can they do now that they could not do before . Arguably nothing. Ever since larry was appointed ceo of couple of years ago, he has shown a little bit face ....

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Transcripts For BLOOMBERG The Pulse 20240622

Minutes, we are joined by hsbc advisor stephen king. Francine first, chinas yuan has triggered the biggest twobase hit law since 1998, fueling concerns that market volatility will slow growth. Manus the peoples bank of china lover the reference right today, just one day after cutting it by a record 1. 9 . Lets find out how the markets are reacting. Dollaryuan. D you im going to show you the flipside today, yuandollar. Effect,u get the down which is more important. The yuan sinking for a second day. The twoday drop, 3. 61 . That is the biggest twothey drop since 1994. Ripple effects are being felt across global markets. Chinas Central Bank Says there is no economic or financial basis for the Exchange Rate to fall continuously. Ill let mr. King decide whether that is the case. A Ripple Effect is being felt in bond, commod ....

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