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Transcripts For KPIX CBS Overnight News 20240713

Plus children with autism get dread for day careoff without fear. And a chicago chefs recipe for change one inmate a ti. Said you make the best pizza in chicago. I have been told that a lot. Welcome to the cbs overnight news. Im elaine quijano. President trump faces a deepening political crisis this week. A second whistleblower has come forward this one with firsthand knowledge supporting the original complaint that set off an impeachment inquiry over the president s dealings with ukraine. Nicole kiln yan has the latest from the white house. Reporter now there are at least two. Today it was tweeted, i can can be a whistleblower being represent bid our legal team. The reporting a sond whtleblor hast com forward tha or about to comeing, hears wron doing and wants to do something about it. House democrats subpoenaed the white house for documents related to the president s controversial july phone call with ukraines leader. Pressuring him to investigate joe biden and his son who served on

Transcripts For RT Boom Bust 20240714

Since the p. B. s c. Indicated recently that they are wary a larger scale easing measures and have so far refrained from cutting benchmark Interest Rates meanwhile just when the 2 sides have agreed to resume trade talks treasury secretary minutiae and has been quietly pushing the i. M. F. And independent body to endorse its view that china is a currency manipulator this is happening just one week after the i. M. F. Found chinas army to be fairly valued with no evidence of manipulation sneaky this move by the us the i. M. S. Largest shareholder is putting new pressure on the institution at it undergoes a sensitive leadership transition following Christine Legarde departure menuhin is backing georgieva the world banks chief exec to replace legard. Who has a close relationship with nugent could be installed at the i. M. F. As early as october at which point surely renew its efforts to end. Hard to address beijings currency policy trade war with china is now threatening to draw one of the

Transcripts For RT Boom Bust 20240714

Found chinas army to be fairly valued with no evidence of manipulation sneaky this move by the us the i and thats largest shareholder is putting new pressure on the institution at it undergoes a sensitive leadership transition following Christine Legarde departure menuhin is backing georgia the world banks chief exec to replace legard. Who has a close relationship with nugent could be installed at the i. M. F. As early as october at which point surely renew its efforts to engage her to address beijings currency policy trade war with china is now threatening to draw one of the global economies neutral umpires into the fray the i. M. F. The bank daddy of all banks is supposedly independent but are they really the u. S. Treasury was supposed to be independent yet they got bullied into trance agenda the fed is supposedly an independent Government Agency yet powell bowed to political. Pressure and now find themselves playing defense this is worrisome if theyre supposedly independent bodies

Transcripts For RT Boom Bust 20240714

The bank daddy of all banks is supposedly independent but are they really the us treasury was supposed to be independent yet they got bullied into trumps agenda the fed is supposedly an independent Government Agency yet powell bowed to political pressure and now finds himself playing defense this is worrisome if theres supposedly independent bodies are so easily influenced. And one of the worlds biggest Credit Rating agencies downgraded the hong kong Sovereign Rating on friday as protests and riots continue inflicting long lasting damage to International Perceptions of the quality and such from this of of hong kongs rule of law and its Business Environment which unexpectedly dropped the bombshell grading the citys rating one notch from a double a plus to double a the citys outlook from stable to negative this could have serious. Simple occasions for the borrowing cost of companies and the government this is hong kongs 1st downgrade by fitch since 1995 but leader kerry lamb hit back to

Transcripts For RT Boom Bust 20240714

Essentially free up 126000000000. 00 of liquid capital that could then be used to increase lending support consumption and boost Business Investments this move that came after the glop a moment announced earlier this week its intention to increase economic stimulus measures as china faces increasing headwinds and met the escalating trade war this is the strongest loosening signal from any policy meeting year to date and these measures should provide the support to the real economy and reduce the risk of a dramatic slowdown in the 2nd half of this move was certainly antagonized especially since the p. B. s c. Indicated recently that they are wary a larger scale easing measures and have so far refrained from cutting benchmark Interest Rates meanwhile just when the 2 sides have agreed to resume trade talks treasury secretary minucci and has been quietly pushing the i. M. F. And independent body to endorse its view that china is a currency manipulator this is happening just one week after

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