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How he see businesses moving forward. What are you expecting on impact on growth and do you think theres going to be a different standard on jpmorgan than other banks . Youre not. A come of things there. When we get done after that, i dont know, i do think theres a little bit of decoupling between chinas Economic System and ours, china will continue to grow, i think they want jpmorgan to be there to set transparency and rules and if chinese, if they want to eliminate corruption, they need very good Financial Markets and therefore they can come in and set the standards, it should mean something when jpmorgan said we did Due Diligence, doesnt mean that we are always right but should mean something. Maria big deal for jamie dimon and jpmorgan, they just received their license, a bank 100 in china, spending 11 billion on ....
A deal in principle and one that will have many people feel relieved after hours of discussions Russia Ukraine and the European Union have reached a tentative gas deal which will go into effect on january 1st the deal was brokered right here in berlin and heres what we know about it. These pipes up front and center of a geopolitical crisis natural gas is supposed to be sent from russia to germany to supply the e. U. With one of its Major Energy Sources the north stream and nordstrom to pipelines. Bypass ukraine and save on billions in transit fees that are currently a major source of income for the neighboring country. Not to rely entirely on the north rim deliberate system russia still wants to send some gas to ukraine asked for ukraine the country depends on gas from russia but moscow has weaponized its supply in ....
We also had gains in yuan lifting currencies. You can see the u. S. 10 year yield at 1. 72. The fixing at 7. 04. We are getting breaking news out of the philippines, another central bank that needs to do something because of the world economy. 4. 25, cut the key rate to following india, new zealand, amongst others. Coming up, we hear from the chief executive of adidas about trade wars and global demand. Now, lets get straight to bloomberg first word news in new york city. This morning, oil is rebounding from a sevenmonth low. Looks tos saudi arabia stem the slide and processes in prices. Bloomberg learned react will not tolerate continued price weakness as oil has been driven down to the worsening trade work and a surprise increase in stockpiles. Pakistan suspended a trade with india and downgraded diplomatic relations after new delhi revoked decades of economy for the disputed region of kashmir. Islamabad says they will take the matter to the united nations. India says the issue is an ....