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Transcripts For BLOOMBERG Bloomberg Markets Balance Of Power 20240712

The days to come. David we have heard that the president is still contagious. Him fromey isolate people around him . And how will he do the debate next week . He says he is going to do it. Are a lot ofre challenges with keeping somebody who is infected in a safe space and not creating danger to those around him. We have seen this with the the fda plans to work as quickly president when he was going into as possible and will not cut the residence last night when he scientific corners to rush a had taken off his mask. Vaccine. We note there were photographers around him at that point. Hurricane delta continues to it is going to be important that strengthen as it moves toward not only the president wear a the gulf of mexico. Forecasters say it is a dangerous category 4 storm with mask but that his staffers and Anyone Around him also wear them in addition to keeping the distance, at least six feet from him. We do not know how long the end virus that virus can be infectious and it is a poin

Transcripts For CSPAN2 Former Federal Reserve Chairs Bernanke Yellen Testify On COVID-19 20240712

The house select cubs subcommittee on the Coronavirus Crisis resistant to hear from former Federal Reserve chairs about economic inequity during the pandemic. Live coverage here on cspan2. George w. Bush in 2006 and oversaw the Federal Reserve is response to the Global Financial crisis. Before his tenure as fed chicken dr. Bernanke served as the chair of president council, bush is council of economic advisers. Dr. Yellen served as vice chair of the Federal Reserve until 2010, 2013 before being appointed chair. In 2014 of our president barack obama. Dr. Yellen also previously served in the white house as chair of the council of economic advisers. This is the first time that either dr. Bernanke or dr. Yellen has testified before Congress Since stepping down from the Federal Reserve. These extraordinary times require congress to seek out advice from experts with extraordinary experiences. As Congress Works to end this economic crisis and enable a strong recovery, we are fortunate to benef

Transcripts For BLOOMBERG Bloomberg Daybreak Europe 20240714

Dialogue with protesters can resume once the by log violence ends. Pacific shares tumble as a cancel slides. Afterr embattled leader argentinas assets plunged president Mauricio Macri warns against return to a previous regime. We havereatest problem today is that the alternative to the government, the kershner alternative does not have international credibility. Ive been saying this for three nap years. International investors do not trust them. Good morning. Lets take a look at the assets across the world. After the news out of argentina and china. Asianpacific stocks look down more than 1 . After the retreats in europe yesterday in the u. S. After that, in response to hong kong we see the asiapacific index down. Chinas 10 year yield reaching a low of almost 3 . Right now 3. 01 . It had been down that low. You can seals even in china where growth and inflation are yields in china where growth and inflation are higher is down to 3 . Then the sei em currency index falling at concerns ab

Transcripts For BLOOMBERG Bloomberg Markets European Open 20240714

Debt default in argentina hit 75 as all the nations assets plunge in value. The embattled president warns against a return to the previous regime. The greatest problem we argentines have day is that the alternative to the government doesnt have international credibility. Ive been saying this for three and a half Years National investors dont trust us. Protest fallout. Hong kong stocks lead declines tearfully the ceo decries the chaotic situation in the city. And lower for longer. U. S. Bonds hold onto Massive Gains as the spreads hit their narrowest since 2007, negative rates coming to america. Good morning and welcome to bloomberg. First off, i have yield on chinese tenure debt falling to read percent, the lowest weve seen it since 2016. Ats not just europeans negative, u. S. Debt is falling to record lows. Lows the likes of which we havent seen in a few years. Futureseuropean reporting down across the board and right now we are looking at dax futures down. 4 , cac and after we sawis

Transcripts For BLOOMBERG Bloomberg Daybreak Americas 20171201

, one of the three softer currencies against the dollar. I wanted to follow the tech selloff. Nasdaq futures are down again. 7 . We have seen that industry continue. Lets get an update and wants making headlines. Emma chandra is here. Am it there is a turn in the tax bill debate and Republican Leaders are scrambling to save the bill. Mitch mcconnell sent lawmakers home last night. They are looking to offset the cost of the measure. While republicans are asking the tax cut not drive up the nations debt. The price of oil is rising after opec will keep production curbs in place. Libya and nigeria have joined the agreement. Opec and allies like russia are trying to reduce global stockpiles. Oil prices are up 20 since september. Parties on both sides of the irish border issued are refusing to compromise. They are trying to deal with the hard border. The eu will not let trade talks continue until there is an agreement. Global news 24 hours a day powered by more than 2600 journalists and anal

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