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Transcripts For BLOOMBERG Bloomberg Daybreak Asia 20240712

Prospects and rising virus numbers. Disney is laying off workers at its u. S. Theme parks and resorts as covid19 continues to hammer travel and demand for group entertainment. Ahead of the first u. S. President ial faceoff, that debate in cleveland happening in the next couple of hours. We are seeing asian markets looking like they will start the day pretty adrift. Chinese pmi numbers could show a steady decline further into more negative conditions. This is how u. S. Futures are trading after slippage in the overnight session with low volumes going into that debate. Contracts are pretty flat at the moment. Thinolume is expected and liquidity on the ground in asia with korean markets on a Public Holiday and the last day of trading before the golden week holidays takes the mainland Chinese Markets out of action. We are seeing a pretty flat start according to the futures session. In sydney, bearishness going into the open, looking like indicated downside of 1 when we get into cash tradin

Transcripts For CSPAN2 House Ways Means Considers WTO Resolution 20240713

[background noises] the ways and Means Committee will now come to order. Good morning, today we will consider the historic u. S. Mca transforming agreement that creates a new High Water Mark u. S. Trade deals moving forward. The implementing bill before us is the result of many months of negotiations and indeed more than a year between House Democrats and the ambassador robert who worked with us honorably every time we met. And im very proud of the outcome of that we have reached. When we assume the majority this year, we were asked to consider a renegotiated nafta that had structural flaws in a number of areas including enforcements, labor rights, the environment, and access to medicines. Let me start with enforcement. Which was the crux of this agreement. As ive noted many times over the past year, i did not vote for the original nafta, the chief reason was a lack of enforceability. In the past 25 years, weve seen the shortcoming of the original agreements, much of which comes down t

Transcripts For RT Boom Bust 20240713

When the issue as you know they were in the areas that we had played out there. Well so heres the problem though everybody on capitol hill is patting themselves on the back for this historic incredible deeply meaningful trade deal that will impact workers in such a positive way but can we just tell the truth here because politics aside the u. S. Embassy a isnt a great trade deal its in fact only a little bit better than nafta so lets go back over here to the wall where we can break down exactly what is different about this particular deal compared to the original nafta because remember President Campaign that nafta was the worst trade deal in history and the u. S. In ca is the best there are 2 major components to the u. S. In ca that supposedly make it a better deal than nafta the 1st is labor standards so here is how democratic congressman Richard Meale the chairman of the house ways and Means Committee put it. But this is more than a triumph for organized labor its a triumph for work

Transcripts For RT Boom Bust 20240713

And things across the e. U. Are laying off employees as other banks are moving to try to keep up with the proliferation of Online Banking so what is the future look like in the Banking Sector r t correspondent ill just read and Public Citizen Bartlett Naylor will break it down for us so much to get to on this very busy day so lets get started. And we begin with the u. S. In ca because as we told you monday the new north american trade deal between the u. S. And mexico and canada has been agreed to by democrats in congress and that was the final hurdle for the Trump Administration to get passed in order to have this agreement ratified House Speaker nancy pelosi announced the agreement Tuesday Morning calling it a victory for American Workers listen. This is a day weve all been working to and working for on the path to yes we were in range for a while but until we could cross a certain threshold of enforcement for our workers rights floor and environment and. Point of the issue as you kn

Transcripts For RT Boom Bust 20240713

Morning calling it a victory for American Workers listen. This is a day weve all been working to and working for on the patch to yes we were in range for elia but until we could cross a certain threshold of enforcement for our workers rights learning environment and when if you drug issues as you know they learned the areas that we had played out there. Well so heres the problem though everybody on capitol hill is patting themselves on the back for this historic incredible deeply meaningful trade deal that will impact workers in such a positive way but can we just tell the truth here because politics aside the u. S. Embassy a isnt a great trade deal its in fact only a little bit better than nafta so lets go back over here to the wall where we can break down exactly what is different about this particular deal compared to the original nafta because remember president from camp. Saying that nafta was the worst trade deal in history and the us in ca is the best there are 2 major component

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