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Aug 13, 2018
08/18
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the u.s. and iran, and the u.s. and its european allies. trump threatened other countries seeking to trade with iran, tweeting -- "anyone doing business with iran will not be doing business with the united states." iranian president hassan rouhani has condemned the sanctions as psychological warfare, saying last weeeek he would not begin negotiations until the sanctions are withdrawn. the first step would be for u.s. president donald trump to show he generally was to engage in negotiations to solve the problem. what is the meaning of negotiations when you impose sanctions at the same time? it is like someone pulling a knife to stab a rifle -- rival or enemy and arm while at the same time claim we should be talking and negotiating. the answer in such a case would be to say to remove the knife from the arm and put the knife away. amy: just last month, president trump said he would meet with iranian president hassan rouhani whenever rouhani wants, without preconditions. this is trump speaking at
the u.s. and iran, and the u.s. and its european allies. trump threatened other countries seeking to trade with iran, tweeting -- "anyone doing business with iran will not be doing business with the united states." iranian president hassan rouhani has condemned the sanctions as psychological warfare, saying last weeeek he would not begin negotiations until the sanctions are withdrawn. the first step would be for u.s. president donald trump to show he generally was to engage in...
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Aug 5, 2018
08/18
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BLOOMBERG
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broad u.s. dollar, which has been getting a lot of its variance -- variability, the what is going on with yuan. we see a breaking out on the dollar index right now. they will struggle to find buyers in this environment. if you're looking for a contrarian trade, it is probably one of the better ones out there. we are still of the camp that the u.s. dollar will appreciate on a gradual basis at this time. yvonne: we appreciate your time. joining us from melbourne. coming up next, the bellwether for the industry gets rocked by a crippling virus area -- crippling virus. a hit to its production line could affect shipments with largest customer, apple. this is bloomberg. ♪ ramy: welcome back. this is "daybreak: asia." chipmakeriwanese racing to recover from a crippling computer virus. the company is one of apple's largest suppliers and says the virus affected 80% of its tools on friday. it may affect their top and bottom line. is a technology editor joining us from tokyo plaza with a little more on t
broad u.s. dollar, which has been getting a lot of its variance -- variability, the what is going on with yuan. we see a breaking out on the dollar index right now. they will struggle to find buyers in this environment. if you're looking for a contrarian trade, it is probably one of the better ones out there. we are still of the camp that the u.s. dollar will appreciate on a gradual basis at this time. yvonne: we appreciate your time. joining us from melbourne. coming up next, the bellwether...
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Aug 12, 2018
08/18
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the u.s. is waging war on the economy and undermining the lira. ramy: the currency suffered its worst week since 2001, but now they are limiting swap transactions. haidi: criminal charges released at the inquiry to australia's finance ministry. ramy: the saudi's sovereign wealth fund may raise its investment and there is a lawsuit. haidi: hello from sydney where it is passed and :00 a.m. -- it is passed 8:00 a.m. ramy: it is past 6:00 in new york on a sunday. i am ramy inocencio. looking at where things are heading, take your pick between the u.s. and china, u.s. and russia or u.s. and turkey. there is a lot of rushing about with sanctions and tariffs. we are seeing the knock on in the currencies. let's show you what is happening first with the dollars. you can see it's sliding. the euro is heading the other way, down a quarter of a percent , and we can see the biggest movement happening with the turkish lira, now retracing some losses, 5.6%. we had above the seven handle, 7.2. after the headl
the u.s. is waging war on the economy and undermining the lira. ramy: the currency suffered its worst week since 2001, but now they are limiting swap transactions. haidi: criminal charges released at the inquiry to australia's finance ministry. ramy: the saudi's sovereign wealth fund may raise its investment and there is a lawsuit. haidi: hello from sydney where it is passed and :00 a.m. -- it is passed 8:00 a.m. ramy: it is past 6:00 in new york on a sunday. i am ramy inocencio. looking at...
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to u.s. nationals in vietnam have been sentenced to fourteen years in prison over an attempted case they were among twelve people sentenced all of the members of the professional national governments of it now which was declared a terrorist organization by the country's authorities back in january the war in vietnam and is more than four decades ago but apparently for some the struggle goes on. the vietnam war one of the world's bloodiest conflicts and the american defeat ideologically opposed plugs into decades of fighting came at a cost of fifty six thousand u.s. troops who were in a bit to overthrow the communist regime of north vietnam but the casualties among civilians were much greater at least two million people died in the wool. after hopes of tightening democratic grip across the vietnamese state slipped away and up to one hundred forty one billion dollars was spent on military operations the us folded who had been exhausting rule at home and abroad. in one thousand nine hundred seve
to u.s. nationals in vietnam have been sentenced to fourteen years in prison over an attempted case they were among twelve people sentenced all of the members of the professional national governments of it now which was declared a terrorist organization by the country's authorities back in january the war in vietnam and is more than four decades ago but apparently for some the struggle goes on. the vietnam war one of the world's bloodiest conflicts and the american defeat ideologically opposed...
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now it's up to canada as the u.s. and mexico agree to revised trade arrangements the other partner in the trade pact formerly known as nafta remains tight lipped about whether it will now. also coming up plastic bags a terrible for the environment and now kenya has taken the world's toughest stance against them but up to four years prison time for using one. this is your business update on how to have free glad you could join me the u.s. says is still hopes to find common ground on trade with canada after reaching an initial agreement with mexico on to a new look now after the u.s. president is pressing canada to accept new terms for the way car imports attacks if not the president says he'd happily leave also out but that comes at a cost mutual trade between the three nations totals more than a trillion dollars annually canadian prime minister justin trudeau said he would only sign a revamped north american free trade agreement that is good for his country. he pledged to defend canada's dairy farmers and said progres
now it's up to canada as the u.s. and mexico agree to revised trade arrangements the other partner in the trade pact formerly known as nafta remains tight lipped about whether it will now. also coming up plastic bags a terrible for the environment and now kenya has taken the world's toughest stance against them but up to four years prison time for using one. this is your business update on how to have free glad you could join me the u.s. says is still hopes to find common ground on trade with...
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the u.s. then advise worser and to a certain degree there is some truth to that about seventy five percent of all experts from canada go south the border meaning to the united states of the trade balance between the two countries is almost even but as canada there is a far smaller economy they do depend more on the us and then the other way around if that will actually lead to an agreement as we've seen it was mexico on monday remains to be seen. talking trade unions the u.s. trade balance numbers are out and i don't think they like he's made the president specially happy all they. know donald trump won't be happy when he sees the figures or on the other side he might find another argument for his tougher trade negotiations the trade balance actually increased the deficit increased by a good six percent and reached the highest level since february but to a certain degree there is a good reason why america why the u.s. is importing much more than their export it because the u.s. economy is real
the u.s. then advise worser and to a certain degree there is some truth to that about seventy five percent of all experts from canada go south the border meaning to the united states of the trade balance between the two countries is almost even but as canada there is a far smaller economy they do depend more on the us and then the other way around if that will actually lead to an agreement as we've seen it was mexico on monday remains to be seen. talking trade unions the u.s. trade balance...
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Aug 19, 2018
08/18
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. >> the u.s. is enjoying exceptionally strong growth. >> it's part of the divergence, one of the themes for markets in the global economy. >> the u.s. is delivering twice the earnings growth of the rest of the world. >> for now, the linkage is entrenched. >> if companies keep delivering, it is hard to make the argument against equity. >> the u.s. is continuing to break out in fundamental and technical basis. >> these companies are executing and if the prices were going up for no other reason than the story sounds sexy, that would be a different matter. >> when you look at the u.s. economy and what the trump administration has done in terms of providing fiscal stimulus, it is going to continue. >> the u.s. has a policy led growth spirit for the rest of the world, has been a combination of hawkish. >> i think the pace is more than sufficient. jonathan: joining me around the table are my guests. let's begin with you. can this continue? >> i am not sure. if you look at the treasury market in general,
. >> the u.s. is enjoying exceptionally strong growth. >> it's part of the divergence, one of the themes for markets in the global economy. >> the u.s. is delivering twice the earnings growth of the rest of the world. >> for now, the linkage is entrenched. >> if companies keep delivering, it is hard to make the argument against equity. >> the u.s. is continuing to break out in fundamental and technical basis. >> these companies are executing and if the...
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Aug 9, 2018
08/18
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the u.s. loses control of the capability. the u.s. loses the opportunity to train, influence, and maintain a military relationship with foreign forces, who now are introducing into their inventory a chinese, korean, israeli, etc. capability. and finally, with the introduction of a chinese or russian this dumb into the military inventory of that friend or ally, we now have a far more complicated future of arms transfer decision process aat is now compounded by prior u.s. denial, and in some cases, we complicate the potential for expanded diplomatic relations. i mean here.n what let's take india as an example. i have worked very closely with india in many years for dr. carter. years ago, we denied asa radar for the fighter and the french clinched the deal. i like the french, don't get me wrong, but i like american industry better. now, several years later, and i worked at this initiative with dr. carter -- we are johnny-come-lately to the effort. for additional aircraft capability in india, and now we are all in. allieslies -- we write
the u.s. loses control of the capability. the u.s. loses the opportunity to train, influence, and maintain a military relationship with foreign forces, who now are introducing into their inventory a chinese, korean, israeli, etc. capability. and finally, with the introduction of a chinese or russian this dumb into the military inventory of that friend or ally, we now have a far more complicated future of arms transfer decision process aat is now compounded by prior u.s. denial, and in some...
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Aug 27, 2018
08/18
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u.s. interest rates. as i should before, that's an impetus, almost paying the market to buy the u.s. dollar. as long as interest rates are that low i will see pressure for it to depreciate. enda: what does the move for the yuan mean for the currency in terms of a trade war? are they not willing to use the yuan as a weapon in a trade war, or is it just temporary? we had d.c. talks not go anywhere thursday. then on friday morning chinese authorities to move. i will leave that to your judgment. factor? is still a cliff: from what we have heard and to the point of a trade talk , if we look at what some numbers of the republican caucus have said lately, on bloomberg, i think, it sounds like with the trump administration wants is to get some kind of a deal with canada, with mexico, and then turned their furnace -- full attention to china and the china threat. i don't think this trade war subject is going to go away soon, even though i hope that maybe we could see some advances through the washin
u.s. interest rates. as i should before, that's an impetus, almost paying the market to buy the u.s. dollar. as long as interest rates are that low i will see pressure for it to depreciate. enda: what does the move for the yuan mean for the currency in terms of a trade war? are they not willing to use the yuan as a weapon in a trade war, or is it just temporary? we had d.c. talks not go anywhere thursday. then on friday morning chinese authorities to move. i will leave that to your judgment....
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the u.s. should. facebook could have closer ties to washington than previously thought because it's now emerged that the platform is relying on experts funded by branches of the u.s. government and also nato when it comes to tracking foreign influence with more his . how's that for a mark zuckerberg nightmare he or his steam in front of a horde of suits go and sort these russian bots out sort out the fakes sort them out or did i just paint a good picture of the reality web giants of been facing lately in the past election you. we've seen how foreign actors are abusing social media platforms those images that can be attributed or associated with the russian company lack of resources a lack of commitment and a lack of genuine effort the likes of zogby could have proudly said we're just a platform where independent and sorting out what you call fakes is none of our business but when wall street alarm bells are ringing you know how it can happen with the stocks it could be better to zip it and focus on an
the u.s. should. facebook could have closer ties to washington than previously thought because it's now emerged that the platform is relying on experts funded by branches of the u.s. government and also nato when it comes to tracking foreign influence with more his . how's that for a mark zuckerberg nightmare he or his steam in front of a horde of suits go and sort these russian bots out sort out the fakes sort them out or did i just paint a good picture of the reality web giants of been facing...
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Aug 13, 2018
08/18
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the u.s. dollar, that is after fall off on the turkish lira. the rumor -- the russian ruble and the mexican peso are affected as well. talks about significant investment in tesla. the public investment fund has built up its stake to almost 5%. it is how you can be involved in taking the credit. the public investment fund did not respond to a request for comment. softbank, which has been touted as a source of capital for tesla, is not planning to participate in such a deal. the japanese conglomerate, which held talks last year about a possible investment, is not interested in revisiting such a plan. haltchina may temporarily produces of u.s. lng through the winter to avoid potential tariffs amid the trade conflict with america. bloomberg understands, under the plan, the company would boost cargo from other countries or swap your shipments with other nations in asia to avoid tariffs. u.s. president donald trump is "truly a racist and a con when it comes to diversity." that is from amoroso newman
the u.s. dollar, that is after fall off on the turkish lira. the rumor -- the russian ruble and the mexican peso are affected as well. talks about significant investment in tesla. the public investment fund has built up its stake to almost 5%. it is how you can be involved in taking the credit. the public investment fund did not respond to a request for comment. softbank, which has been touted as a source of capital for tesla, is not planning to participate in such a deal. the japanese...
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Aug 6, 2018
08/18
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if you take u.s. nominal gdp growth at 5% now, roughly speaking, there is a correlation between nominal gdp growth and the 10 year bond yield. relative to that 5% nominal gdp growth, bond yields are too low. before the financial crisis, the fed was talking about the conundrum. it was raising the short end, but the long and was staying too low. that seems to be happening again. i do not think we will get to 5%, although i do think it would be good if we start to head to their. anna: thank you. when you are traveling to work, remember you can tune in to bloomberg radio. you will find it on your mobile device. not that anybody ever turns off the tv. standoff.t is a saudi the kingdom suspends ties with canada over criticism of an arrest of a women's rights activist. the very latest with our executive editor. we saw some moves against germany earlier. arabia, theof saudi standoff with canada begins. politics first on bloomberg, right here from dubai and london. ♪ manus: 6:30 a.m. in london. 2:30 in tokyo
if you take u.s. nominal gdp growth at 5% now, roughly speaking, there is a correlation between nominal gdp growth and the 10 year bond yield. relative to that 5% nominal gdp growth, bond yields are too low. before the financial crisis, the fed was talking about the conundrum. it was raising the short end, but the long and was staying too low. that seems to be happening again. i do not think we will get to 5%, although i do think it would be good if we start to head to their. anna: thank you....
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Aug 19, 2018
08/18
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the u.s. decoupling from the rest of the world. >> the u.s. right now is enjoying exceptionally strong growth. >> it is part of the divergence be one of the major themes for markets and the global economy. >> u.s. is delivering twice the earnings growth of the rest of the world. the d linkage persists. >> it is hard to make the argument against equity. is continuing to break out relative to the rest of the world. -- the pricesnies are blowing up for no other reason other than the fact that the story sounds sexy. that would be a totally different matter. economy,ou look at the in terms of providing all this fiscal stimulus that is going to continue. >> the u.s. is a policy led growth spurt. the rest of the world, it has been a combination of ad hoc issues. >> it has longer to go. the pace is more than sufficient. >> joining me is kevin. head of fixed income. head of u.s. race strategy. and coming to us from edinburgh. aberdeen standard investment. let's begin with you. can this continue? >> i'm not sure. i think that if you look at the treasury
the u.s. decoupling from the rest of the world. >> the u.s. right now is enjoying exceptionally strong growth. >> it is part of the divergence be one of the major themes for markets and the global economy. >> u.s. is delivering twice the earnings growth of the rest of the world. the d linkage persists. >> it is hard to make the argument against equity. is continuing to break out relative to the rest of the world. -- the pricesnies are blowing up for no other reason other...
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Aug 28, 2018
08/18
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the u.s. consumer relative to companies. that is a leading indicator. at to major averages we are looking for small gains -- looking at small gains. of all times highs for the s&p 500 and the nasdaq. investors continue to be enthusiastic. the trade deal between the u.s. and mexico yesterday. we have some retail movers. let's take a look at tiffany, up 2.7%. they put up a strong quarter, same-store sales up against the estimate. those shares being rewarded, best buy down 6.8%. their third-quarter earnings missed the mark, investors not liking that. take a look at dsw, up 40%. -- some of that might have to do with a 12% their shortage. coming in up 9.7% versus the estimate of up to percent. they raise the full-year view. lots of strength coming from the women's shoe line. let's take a look at the shares of out of it. this is a 2 -- alphabet. look at the drop we have today, down half a percent. this does come as president trump is accusing google of rigging search results only display negative st
the u.s. consumer relative to companies. that is a leading indicator. at to major averages we are looking for small gains -- looking at small gains. of all times highs for the s&p 500 and the nasdaq. investors continue to be enthusiastic. the trade deal between the u.s. and mexico yesterday. we have some retail movers. let's take a look at tiffany, up 2.7%. they put up a strong quarter, same-store sales up against the estimate. those shares being rewarded, best buy down 6.8%. their...
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the u.s. just announced plans to raise its latest round of tariffs on two hundred billion dollars worth of chinese imports from ten to twenty five percent. as part of china's growing export supply chain the us young nation stand to lose big in any trade war. a full scale conflict could slash singapore's growth next year by half the host country's leader warned the association to brace itself rules based multilateral trading system which underpin the us here is growth and prosperity is under pressure. it's important to us and continue to support the multilateral system and work with like minded partners to deepen our web of corp. southeast asian nations tighten their ties with china following us withdraw from the free trade trans-pacific partnership now they're pursuing a china backed regional trade agreement with pacific powers excluding the us singapore's prime minister said it could be signed by the end of the year. and to the european side of that trade story the european commission says u.
the u.s. just announced plans to raise its latest round of tariffs on two hundred billion dollars worth of chinese imports from ten to twenty five percent. as part of china's growing export supply chain the us young nation stand to lose big in any trade war. a full scale conflict could slash singapore's growth next year by half the host country's leader warned the association to brace itself rules based multilateral trading system which underpin the us here is growth and prosperity is under...
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Aug 8, 2018
08/18
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qatar and saudi arabia so that's all u.s. allies u.s. allies exactly exactly yell and i had been investigating a plane the departed from reactor airport five days earlier she believes carried weapons to the middle east. fight where there are the words that this plane took several times and you can see places such as our. our ryan got exactly and also has flights number mark which is very specific for the planes that are actually transporting military goods. this is footage of the plane yellow not tracked it has been loaded with crates at least twenty u.s. military flights have left this airport in the past six months. and when we arrive at the airport we to see a plane. bag this is one of the busiest airports when it comes to players such as this one. is from the same airline yelena had been investigating various really is pretty nuts it's just in the middle of a traffic junction. there are. there are weapons there there probably. there is this huge fights that are happening in surrounding it all they need was there the. flight data prov
qatar and saudi arabia so that's all u.s. allies u.s. allies exactly exactly yell and i had been investigating a plane the departed from reactor airport five days earlier she believes carried weapons to the middle east. fight where there are the words that this plane took several times and you can see places such as our. our ryan got exactly and also has flights number mark which is very specific for the planes that are actually transporting military goods. this is footage of the plane yellow...
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today the u.s. president praised his own decision to reimpose same sions against iran a tweet that came with a warning undeniably aimed at europe anyone doing business with iran will not be doing business with the united states tonight trump against the world yet again all he's asking for this time he says is world peace i'm for golf in berlin this is the day. that seek out the trump and his government are the ones who have rejected negotiations and have turned their back on diplomacy. what's the meaning of negotiations when you impose sanctions at the same time that trump is doing is against the iranian nation and against the national interests of iran you know. the missing if there is honesty in the process. so coming up tonight he was seven years old when his mother and her partner pimped him out to pedophiles online today a german court sentenced both child abusers to prison. staffan in southwestern germany was where the man and woman offered customers on the darknet the chance to rape her son a
today the u.s. president praised his own decision to reimpose same sions against iran a tweet that came with a warning undeniably aimed at europe anyone doing business with iran will not be doing business with the united states tonight trump against the world yet again all he's asking for this time he says is world peace i'm for golf in berlin this is the day. that seek out the trump and his government are the ones who have rejected negotiations and have turned their back on diplomacy. what's...
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Aug 12, 2018
08/18
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>> they have to get out of this situation with the u.s. and the u.s. has made it clear to the turkish side that time has run out and there is only one way to get out of this and that is to release the u.s. pastor and four others the u.s. is calling political hostages. reacting sots are negatively to this just shows volatile the turkish economy really is. >> elon musk wrote, "i am considering taking tesla private at $420, funding secured." is going private a real possibility? >> going private at that level wouldn't make sense for a number of reasons. the company needs funding to grow. and to go private at $420 a share for probably be a total of $72 billion less about $14 billion that elon musk has, he would probably have to finance around $58 billion. more importantly, he needs to raise $2 billion to build his new china factory. he is going to need to raise additional money to build the semitruck. going private would not make sense. emily: shares of tesla, closing 11% higher, but hardly a straight line up. what you will see is a very unusual horizontal
>> they have to get out of this situation with the u.s. and the u.s. has made it clear to the turkish side that time has run out and there is only one way to get out of this and that is to release the u.s. pastor and four others the u.s. is calling political hostages. reacting sots are negatively to this just shows volatile the turkish economy really is. >> elon musk wrote, "i am considering taking tesla private at $420, funding secured." is going private a real...
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Aug 11, 2018
08/18
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ALJAZ
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airbase in fact which is also used by u.s. forces in the middle east but let me just go back to the point on iran for a second and put up this tweet by the iranian foreign minister he's saying trump's jubilation in inflicting economic hardship on its nato ally turkey is shameful the u.s. has to rehabilitate its addiction to sanctions and bullying or the entire world will unite beyond verbal condemnations to force it so we've stood with neighbors before and we will again we know that under the trumpet ministration ambassador the u.s. has inflicted sanctions on at least ten countries iran as well as turkey does that ring in foreign minister have a point when he says that the u.s. has to rehabilitate its addiction to sanctions. well we bade the nuclear deal with iran which i supported and back in principle i would still support but iran took advantage of that nuclear deal to increase their missile capacity to try to build a land corridor through southern syria to lebanon to increase their potential to attack israel so they didn't
airbase in fact which is also used by u.s. forces in the middle east but let me just go back to the point on iran for a second and put up this tweet by the iranian foreign minister he's saying trump's jubilation in inflicting economic hardship on its nato ally turkey is shameful the u.s. has to rehabilitate its addiction to sanctions and bullying or the entire world will unite beyond verbal condemnations to force it so we've stood with neighbors before and we will again we know that under the...
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Aug 14, 2018
08/18
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the u.s. dollar. ripple effects from the turkey -- turkish economic crisis are being felt across the globe in part because turkey relied heavily on foreign lending especially from european banks. the crisis is coming as tension is escalating between washington and ankara. last week president trump raisid new tatariffs on turkish metal exports.s. the u.s. is also pressuring turkey to release an american missionary named andrew brunson who was one of thousands of people in turkey detained after a failed coup in 2016. in yemen, thousands of mourners gathered in the city of saada monday for funerals of the 51 people, including 40 children,n, who were killed in an n air stre on a schchool bus lastst week. the airstrike was rrrried ouby e u.s.-bked saudled alition. imag posted line sugst a u.s. built mark-82 bomb was usus in theirirstrike. mourners decried the attack on school children. >> the crimes that were committed by the coalition against children were unprecedented crimes that have never happ
the u.s. dollar. ripple effects from the turkey -- turkish economic crisis are being felt across the globe in part because turkey relied heavily on foreign lending especially from european banks. the crisis is coming as tension is escalating between washington and ankara. last week president trump raisid new tatariffs on turkish metal exports.s. the u.s. is also pressuring turkey to release an american missionary named andrew brunson who was one of thousands of people in turkey detained after a...
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Aug 7, 2018
08/18
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ALJAZ
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the u.s. also argues the profits made from the lifting of sanctions is being used to purchase an export weapons in places like syria lebanon and gaza to support proxy militias and the state financing of terrorism the sanctions come as protests continue in iran against deteriorating economic conditions at the united states denies the sanctions are timed to force regime change instead it says it hopes to modify the iranian government's behavior despite longstanding u.s. policy of no formal diplomatic relations with iran president donald trump has even indicated he's willing to sit down for talks with iran's leaders no preconditions no they want to meet anytime they want heightening tensions top european foreign policy chiefs are implementing something called a blocking statute to protect you from still intent on doing business with iran in spite of the u.s. sanctions prompting this stern warning from a senior republican senator. under these things you have to pick between the american economy in
the u.s. also argues the profits made from the lifting of sanctions is being used to purchase an export weapons in places like syria lebanon and gaza to support proxy militias and the state financing of terrorism the sanctions come as protests continue in iran against deteriorating economic conditions at the united states denies the sanctions are timed to force regime change instead it says it hopes to modify the iranian government's behavior despite longstanding u.s. policy of no formal...
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Aug 30, 2018
08/18
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overall for us, the u.s. dollar remains the key funder and we have to remember that for all parts of the globe but certainly did she she she we have seen on the -- depreciation we have seen on the chinese currency the last month has caused a lot of issues in terms of the outlook for the dollar in the near term. what happens on dollar china is very important now. it looked like we would stabilize around the 680 level. it appeared a 690 was too much and we saw the authorities in some sense step in there. that message is clear, but we are excited to see it growing up again. when you think about the dollar's weakness against other the canadianke dollar, the british pound, relating to those deals, it seems like at this stage, the dollar-china story could be heading in a different direction strength continuing is a concern for markets. david: you are right in the middle of all of this. i am curious, do you think markets play a bigger role in the foreign exchange rate? laura: there are certainly levels that the pboc
overall for us, the u.s. dollar remains the key funder and we have to remember that for all parts of the globe but certainly did she she she we have seen on the -- depreciation we have seen on the chinese currency the last month has caused a lot of issues in terms of the outlook for the dollar in the near term. what happens on dollar china is very important now. it looked like we would stabilize around the 680 level. it appeared a 690 was too much and we saw the authorities in some sense step...
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Aug 28, 2018
08/18
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legislation called blocking statute it's aimed at nullifying u.s. legal action against european firms which defied u.s. sanctions on iran and the e.u. agreed to twenty one million dollars in aid to iran to help offset the impact of sanctions. germany's foreign minister has called for independent payment channels to be created which would avoid u.s. sanctions and a newspaper article i ma said it's indispensable that we strengthen european autonomy by creating payment channels that are independent of the united states also creating a european monetary fund and dependence swift firsts us sanctions are back in force and the situation itself strategic importance that we clearly tell washington we want to work together but we will not let you act over our heads and the french president has criticised donald trump emanuel said europe's historical partner seems to turn his back on this common history you know minuscule. defer sweat which is a burden on our shared wellbeing is a crisis of multilateralism obvious multi-layered some is in fact he's going throu
legislation called blocking statute it's aimed at nullifying u.s. legal action against european firms which defied u.s. sanctions on iran and the e.u. agreed to twenty one million dollars in aid to iran to help offset the impact of sanctions. germany's foreign minister has called for independent payment channels to be created which would avoid u.s. sanctions and a newspaper article i ma said it's indispensable that we strengthen european autonomy by creating payment channels that are...
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Aug 28, 2018
08/18
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the u.s. congress on board. plus, the new controversy for the catholicrahurch. popeis will not respond to claims that he ignored abuse allegations. our viewers on public television in america and around the globe. tribut are still pouring in from around the world to john mccain. the u.s. senator lost his fight with brain cancer on sy, andever since, his legacy service has been remembered and celebrated. but there has also been contt versy. presidump refused to comment on senator mccain's legacy until late today. nick bryant reports. nick:ashington without john mccain is a lesser place. he h wasan landmark, an american hero who is broken body personify the land of the brave. flags at the u.s. capitol in hono at half-mast of his service and sacrifice. but at the white house there w no such active ongoing remembrance earlier on today. in a tweet over the weekend, donald trump pages deepest sympathies and respect to the mccain family, but had no kind words for the man himself. >> do you have any t
the u.s. congress on board. plus, the new controversy for the catholicrahurch. popeis will not respond to claims that he ignored abuse allegations. our viewers on public television in america and around the globe. tribut are still pouring in from around the world to john mccain. the u.s. senator lost his fight with brain cancer on sy, andever since, his legacy service has been remembered and celebrated. but there has also been contt versy. presidump refused to comment on senator mccain's legacy...
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Aug 29, 2018
08/18
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BLOOMBERG
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david: we got u.s. gdp growth numbers and heard from the canadian foreign minister on the progress of talks with the united states about trade. joining us is the economic editor of businessweek. to what extent will the outcome of these talks they're having now with a deadline tomorrow with canada, could they affect gdp growth? >> they certainly can. the net export is a positive contribution to gdp in the second quarter. people think that is noise in the data but in general strong exports are good for gdp. if we have good trade agreement between the three countries, that would be good. david: we have the outlines of a mexico agreement and let's assume canada along the same lines, pro-trade or not? such as therriers requirements for $16 labor to be used for building cars. this ispoint, on net positive for trade if a deal is done. the alternative is having no deal in which case you go back to higher trade barriers in general. free agreement between these three key nations is a good thing and fascinating to
david: we got u.s. gdp growth numbers and heard from the canadian foreign minister on the progress of talks with the united states about trade. joining us is the economic editor of businessweek. to what extent will the outcome of these talks they're having now with a deadline tomorrow with canada, could they affect gdp growth? >> they certainly can. the net export is a positive contribution to gdp in the second quarter. people think that is noise in the data but in general strong exports...
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Aug 16, 2018
08/18
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the u.s. administration, the trump administration, i think it has whether intentional or not, adopted a collapsed strategy. there is no follow-up in terms of what comes after. it is up to to say, iranians to determine the future. the u.s. is very invested in the outcome. because it is strangulation the economy. if iranians rise up and come to the streets by the millions, i think it will be key what the u.s. will do and what signal it sends. but what kind of policies as well. is one thing to sanction iran and the u.s.. it is very effective. is it other to the poor opposition groups or decide whether washington will engage the regime to force and other deal. or whether, once and for all, they will figure out what to do. i would like to thank c-span for being here today. what is interesting about what i heard from ali palace, -- all the panelists, there is a resentment toward the moderates. you said it was conceptually and trouble. i it actually and trouble? put this to all four of you, what shou
the u.s. administration, the trump administration, i think it has whether intentional or not, adopted a collapsed strategy. there is no follow-up in terms of what comes after. it is up to to say, iranians to determine the future. the u.s. is very invested in the outcome. because it is strangulation the economy. if iranians rise up and come to the streets by the millions, i think it will be key what the u.s. will do and what signal it sends. but what kind of policies as well. is one thing to...
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Aug 9, 2018
08/18
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BLOOMBERG
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ande still have the u.s. china economy steeply integrated into global supply chains which involve both producers and consumers, investors investors in both countries, financial markets are linked in many different ways. is the massive economy we are both connected to. that would mean is the intermediate trade and investment reduced dramatically between the countries. even if that is the goal of some in the trump administration, that unwinding is a long process. businesses are not going to walk out of china quickly. it would take a long time. even if you want to write that headline today you have to come back five to 10 years before you see the fundamental changes that would lead you to say they are not here anymore. kathleen: thank you, a lot of perspective in that conversation. don't forget you can always find in-depth analysis from the big newsmakers on bloomberg radio. app or download the access it via bloomberg .adio.com this is bloomberg. ♪ haidi: i am heidi in sydney. i am kathleen in new york you are
ande still have the u.s. china economy steeply integrated into global supply chains which involve both producers and consumers, investors investors in both countries, financial markets are linked in many different ways. is the massive economy we are both connected to. that would mean is the intermediate trade and investment reduced dramatically between the countries. even if that is the goal of some in the trump administration, that unwinding is a long process. businesses are not going to walk...
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new u.s. tariffs on sixteen billion dollars worth of chinese products they come into effect in beijing responds in kind is there a way out of the race also coming up. caution about one of the biggest company listings in history the saudis insist iran close i.p.o. will not go. and how a dressmaker from broadway is helping to transform the lives of migrants in italy by turning them into tailless. this is your business update i'm having a home for him but then thanks for joining me the u.s. is a twenty five percent tariff on sixteen billion dollars worth of imports from china this is a second round of tariffs in response to what the trumpet administration calls beijing's unfair trade practices well china reacted swiftly with its own high tariffs on over three hundred american products as the trade vicious circle continues its dangerous downward spiral. new negotiations couldn't prevent the latest turn of the screw so far the u.s. and china have each imposed import duties on goods worth around fif
new u.s. tariffs on sixteen billion dollars worth of chinese products they come into effect in beijing responds in kind is there a way out of the race also coming up. caution about one of the biggest company listings in history the saudis insist iran close i.p.o. will not go. and how a dressmaker from broadway is helping to transform the lives of migrants in italy by turning them into tailless. this is your business update i'm having a home for him but then thanks for joining me the u.s. is a...
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Aug 15, 2018
08/18
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the u.s. for june. right now, we are joined by our chief equity strategist and one other test. let's look at the lear and what happened overnight. the central bank announced new restrictions. ticked up right, it some. they also impose tariffs on imports from the nine states on things like -- the united states on things like alcohol and cars. they keep saying they will not raise their interest rates. will things like this sure up the economy? >> i don't know. this is the second day for the lira to go up. we will see. david: markets coming down with the lira? is this cia of the storm or the end of the storm? >> it is more likely the eye. august 500 by itself, rising without momentum, so we were due for correction. the dollar has broken out versus global currencies, not just the lira, but emerging-market currencies. it is august, poster earnings loton, so there is not a for stocks to grab onto to move higher. i think the default will be continued weakness in the short run. alix: we see indonesia
the u.s. for june. right now, we are joined by our chief equity strategist and one other test. let's look at the lear and what happened overnight. the central bank announced new restrictions. ticked up right, it some. they also impose tariffs on imports from the nine states on things like -- the united states on things like alcohol and cars. they keep saying they will not raise their interest rates. will things like this sure up the economy? >> i don't know. this is the second day for the...
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Aug 7, 2018
08/18
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the u.s. embassies in nairobi, kenya, and tanzania, at 8:00 a.m. eastern. after that, a look at the health insurance costs. later, the american enterprise institute hosts a discussion on u.s. policy in southeast asia. that's live at 12:30 p.m. eastern. >> next, lori wallach talks about the ongoing negotiations between the u.s., canada, and mexico on updating the north american free trade agreement, or nafta, hosted by the national press foundation, this is about 45 minutes. >> the stuff that's in nafta and part of the reason the fights are so fraught and why so many groups who wouldn't think we have a stake in the trade fight, like consumer groups like mine, is because of what's actually in the agreements. number one, with nafta, the core provision is investment protections. this gets to the whole job outsourcing thing, and i'm going to explain what part of nafta ask that so you can know whether or not if they get the renotion done it actually fixes that, which is what president trump said he
the u.s. embassies in nairobi, kenya, and tanzania, at 8:00 a.m. eastern. after that, a look at the health insurance costs. later, the american enterprise institute hosts a discussion on u.s. policy in southeast asia. that's live at 12:30 p.m. eastern. >> next, lori wallach talks about the ongoing negotiations between the u.s., canada, and mexico on updating the north american free trade agreement, or nafta, hosted by the national press foundation, this is about 45 minutes. >> the...
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Aug 23, 2018
08/18
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a u.s. military-issued camera and he's got his own camera. the u.s. military-issued, he took a bunch of pictures with it. that went to the military after which tried to bury the whole thing. he had his own camera with him and then he took that home and did a slide show for his friends. and he goes, this is the stuff i saw in vietnam and his friends freaked out when they saw this and it eventually was reported. that's the newspaper that's first broke the story in november '69. it kind of validated the worst assumptions of what americans were doing in vietnam. most american soldiers in the region in vietnam behaved well. but my lai will suggest to every soldier. every marine is a baby killer. and it it really, really hurts the american cause in vietnam. any questions to this point? when you see how the u.s. and the south vietnamese were psychologically affected. how were the north vietnamese affected because of the tet offensive, were they in shock or more supportive of it? >> that's a great question, carlos. the north is a communist dictatorship. how d
a u.s. military-issued camera and he's got his own camera. the u.s. military-issued, he took a bunch of pictures with it. that went to the military after which tried to bury the whole thing. he had his own camera with him and then he took that home and did a slide show for his friends. and he goes, this is the stuff i saw in vietnam and his friends freaked out when they saw this and it eventually was reported. that's the newspaper that's first broke the story in november '69. it kind of...
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Aug 27, 2018
08/18
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dollars back in the u.s. the u.s. manufacturer was happy, they had dollars and they have the tractor soul. -- had the tractor sold. the european farmer was happy, he had the tractor in yet to pay with his own money to get it. it was not just a gift. the european government in this case, french government, at funds to fund reconstruction. very clever. the precepts of this matched almost directly that quotation i gave you that marshall set up harvard the essence of the marshall plan is that without the men, material or even the will, probably to resist the ussr militarily, president truman and marshall employed the economic power of the u.s. in a fashion facilitated the recovery of american economies. crucially facilitated the democratic institutions in germany in particular and strengthened them elsewhere. the spirit of economic collaboration that the marshall plan engendered the practical mechanisms that were employed to deliver the eight, help break down many impediments to economic cooperation. of course, probably p
dollars back in the u.s. the u.s. manufacturer was happy, they had dollars and they have the tractor soul. -- had the tractor sold. the european farmer was happy, he had the tractor in yet to pay with his own money to get it. it was not just a gift. the european government in this case, french government, at funds to fund reconstruction. very clever. the precepts of this matched almost directly that quotation i gave you that marshall set up harvard the essence of the marshall plan is that...
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Aug 30, 2018
08/18
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BLOOMBERG
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the u.s. 10 year, we had a big jump in yields on tuesday, not much, a grind noter yesterday and today, much movement. you can see 10 year yields unchanged, 2.88% from today's trade create what do you see in the gmm? are the chinese markets down. stop -- stock moved fizzling out during the asian session. let me talk about what is happening here. the marketsay as were surprised, as the country was surprised by the televised address talking about needing money from the imf to stabilize the situation but it is not just the argentinian peso. the rupiah trading down, the indian rupee, go to the gp on your bloomberg and take a look u.s. inr. for the indiana rupee under pressure. the aussie trading down by .3 of 5%, weak data there but also weak data in new zealand. the confidence to be evaporating. story. china related both currencies feeling the pressure at the moment. the aussie dollar trading down by .3 of 1%. there is a firm fx focus this morning. >> u.s. president donald trump is in talks with c
the u.s. 10 year, we had a big jump in yields on tuesday, not much, a grind noter yesterday and today, much movement. you can see 10 year yields unchanged, 2.88% from today's trade create what do you see in the gmm? are the chinese markets down. stop -- stock moved fizzling out during the asian session. let me talk about what is happening here. the marketsay as were surprised, as the country was surprised by the televised address talking about needing money from the imf to stabilize the...
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Aug 19, 2018
08/18
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the weight of u.s. intentions is going to be driving the train here, but we have other interests in the world besides iran. you have to adjudicate what is important and when. the regime has not begun to test the full range of its missiles get. there have been zero naval harassment in the persian gulf. >> those actions lose your. those actions -- europe. those actions lose support. >> the one thing that would lose europe is formally stepped out of the boundaries of the jcpa. >> what i do like is a disconnect between european governments and european private sector. european private sector says note, european governments -- no, and european governments say go into iran. ofac, big a very small group in the u.s. government was whispering don't. >> including american banks, even didn't listen to kerry. >> the regime has a big appetite. >> right. >> at the 19 somebody eight vienna convention -- 1978 the and a convention -- 1978 vienna convention --. it was a treaty signed between lenin and a --, making caspia
the weight of u.s. intentions is going to be driving the train here, but we have other interests in the world besides iran. you have to adjudicate what is important and when. the regime has not begun to test the full range of its missiles get. there have been zero naval harassment in the persian gulf. >> those actions lose your. those actions -- europe. those actions lose support. >> the one thing that would lose europe is formally stepped out of the boundaries of the jcpa. >>...
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Aug 3, 2018
08/18
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BLOOMBERG
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the contrast between u.s. high-yield or u.s. equities is relative to emerging-market equities or emerging-market fx or credit. it's extraordinary. if you have any bit of faith the trade issue will get resolved without too much trouble, the value of these assets is extraordinary. jonathan: the way people are thinking about it the last few months, the u.s. was the best house on the street. the economy look strong and everything else looks weak compared. do you see as entering a bit of an inflation point where you can get a policy tailwind from everywhere except the united states? mary: exactly. when i came on the show, we saw a decent about a spread widening in a june in emerging markets versus u.s. high-yield. we haven't been jumping up and down about valuations in the u.s. high-yield. they have been in a quite tight range this year and we expect that to continue. when emerging-market high-yield bonds widened out close to 150 basis points versus u.s., we started to cover some of that underweight. we have not known fully to neutra
the contrast between u.s. high-yield or u.s. equities is relative to emerging-market equities or emerging-market fx or credit. it's extraordinary. if you have any bit of faith the trade issue will get resolved without too much trouble, the value of these assets is extraordinary. jonathan: the way people are thinking about it the last few months, the u.s. was the best house on the street. the economy look strong and everything else looks weak compared. do you see as entering a bit of an...
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and so the timing is right for the u.s. and for the white house to push a little harder because and here we come to the opportunity it's all about andrew bunsen of a jolly old pastor detained or now under house arrest in turkey the u.s. had lobbied heart and intensively for his release that didn't go anywhere so far and i think washington lost its patience i gave it turkey and the u.s. or our nato allies and their concerns in washington that this could damage their relations. yes and no i think washington is a little bit wary of where this could all end this rift between turkey on the other hand though the relationship between the u.s. and turkey in the nato as nato allies isn't good in the first place and that's specifically after turkey decided to purchase s. four hundred missile systems from russia that obviously didn't bode very well with president trump and the white house here so you could say yeah there is some limited concern as of now i would say it's fair to say that the concern is not too big yet since relationsh
and so the timing is right for the u.s. and for the white house to push a little harder because and here we come to the opportunity it's all about andrew bunsen of a jolly old pastor detained or now under house arrest in turkey the u.s. had lobbied heart and intensively for his release that didn't go anywhere so far and i think washington lost its patience i gave it turkey and the u.s. or our nato allies and their concerns in washington that this could damage their relations. yes and no i think...
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Aug 10, 2018
08/18
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CSPAN2
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the u.s. loses control of the capability. the u.s. loses the opportunity to train, influence and maintain a military relationship with foreign forces who are now introducing into their inventory a chinese, korean, israeli, et cetera, capability, and finally, with the introduction of let's say a chinese or russian system into the military inventory of that friend or ally, we now have a far more complicated future arms transfer decision process that is now compounded by a prior u.s. denial demand some instances we complicate the potential for expanded diplomatic relations. let me explain what i mean here. india, let's take india as an example. i worked very closely with india over the recent years for dr. carter. years ago we denied radar for the fighter competition several years ago and the french clinched the deal. now, i like the french, don't get me wrong but i like american industry better. now, several years later, and i worked this initiative with dr. carter, additional aircraft capability in india and now we are all in. we have
the u.s. loses control of the capability. the u.s. loses the opportunity to train, influence and maintain a military relationship with foreign forces who are now introducing into their inventory a chinese, korean, israeli, et cetera, capability, and finally, with the introduction of let's say a chinese or russian system into the military inventory of that friend or ally, we now have a far more complicated future arms transfer decision process that is now compounded by a prior u.s. denial demand...
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Aug 31, 2018
08/18
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and then a u.s. administration official telling our aemon javers that was not the case and then confirming talks are ongoing. no end to the talks but certainly full agreement >> we are awaiting a 4:30 news conference for foreman minister chrystia freeland. remember this all comes after the u.s. and mexico struck a renegotiated nafta version on their own. they worked through some of the difficulties especially around autos and then brought the canadians in to join the deal. those talks appeared to have broken down. we don't know if it's a no deal, no more talking, deal talks continue and it all comes mida very weird leak from an off-the-record comment president trump made to bloomberg news that came out in the toronto star today that were seen as insulting remarks to canada but he's not willing to compromise, and he didn't want that out there because he didn't want to insult canada. >> the markets remain positive from the start of the week weak to date the s&p is up about 0.6% today and net net for th
and then a u.s. administration official telling our aemon javers that was not the case and then confirming talks are ongoing. no end to the talks but certainly full agreement >> we are awaiting a 4:30 news conference for foreman minister chrystia freeland. remember this all comes after the u.s. and mexico struck a renegotiated nafta version on their own. they worked through some of the difficulties especially around autos and then brought the canadians in to join the deal. those talks...
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Aug 12, 2018
08/18
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ALJAZ
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qatar and saudi arabia so that's all u.s. allies u.s. allies exactly exactly yeah and i had been investigating a plane they departed from reactor airport five days earlier which she believes carried weapons to the middle east. you can see tongue fight for there are the words that this plane took several time and you can see places such as r r ion gotta exactly and also has flights number mark which is very specific for the planes that are actually transporting military goods. this is footage of the plane yellow not tracked it has been loaded with crates at least twenty u.s. military flights have left this airport in the past six months. and when we arrived at the airport we to see a plane hole. this is one of the busiest airports when it comes to players such as this one. is from the same airline yelena had been investigating boeing is really is pretty nuts it's just in the middle of a traffic junction. they are about to take off.
qatar and saudi arabia so that's all u.s. allies u.s. allies exactly exactly yeah and i had been investigating a plane they departed from reactor airport five days earlier which she believes carried weapons to the middle east. you can see tongue fight for there are the words that this plane took several time and you can see places such as r r ion gotta exactly and also has flights number mark which is very specific for the planes that are actually transporting military goods. this is footage of...
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Aug 28, 2018
08/18
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BLOOMBERG
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the u.s. and mexico make progress on a nafta replacement. anotherets on uber, half $1 billion investment as it looks to catch up in the autonomous vehicles market. prime minister theresa may says a no deal brexit can still be a success. the nasdaq above 8004 the first time ever. welcome to "surveillance." i'm nejra cehic. the s&p 500 just short of 29 hundred. the equity rally is continuing in europe. we saw it in asia, as well. the stoxx 600 up some 200 -- .2%. -- .02%. trade dominating traders minds today. pesow the mexican strengthened yesterday. we are seeing weakness in this session. still some questions over those talks and what we get with replacement of nafta. also, the yuan of interest today because we saw a stronger fixing from the pboc. we are seeing more yuan weakness in the offshore, off by 1/10 of a percent. overall, a bit of dollar strengthen the session after the weakness yesterday. on bloomberg, we will bring the afteriew with the ceo 4:00 p.m. u.k. time but for now, the first
the u.s. and mexico make progress on a nafta replacement. anotherets on uber, half $1 billion investment as it looks to catch up in the autonomous vehicles market. prime minister theresa may says a no deal brexit can still be a success. the nasdaq above 8004 the first time ever. welcome to "surveillance." i'm nejra cehic. the s&p 500 just short of 29 hundred. the equity rally is continuing in europe. we saw it in asia, as well. the stoxx 600 up some 200 -- .2%. -- .02%. trade...
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Aug 16, 2018
08/18
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kailey: the u.s. in china will resume their negotiations on trade. a representative to the u.s. for talks later this month. the chinese will meet with undersecretary david malpass. the president backed away from a deal in may. president trump believes his tariffs on imported steel will rescue the industry. the president told the wall street journal that people may complain steel prices are more expensive but they will eventually fall. he said the tariffs protect an industry that is essential to national security. the islamican, state as claimed responsibility for an attack that killed 34 students. it targeted a shiite muslim neighborhood. students were studying for an executive exam. has diedetha franklin in detroit after a career that lasted decades. she suffered from advanced pancreatic cancer. she was 76. mark: live from london, i'm mark barton. julie: and from new york i'm julie hyman. markets."loomberg walmart shares are searching. let's bring in edward jones senior equity research analyst ryan yarborough. we have been marveling -- brian yarborough. sales, been marveling at
kailey: the u.s. in china will resume their negotiations on trade. a representative to the u.s. for talks later this month. the chinese will meet with undersecretary david malpass. the president backed away from a deal in may. president trump believes his tariffs on imported steel will rescue the industry. the president told the wall street journal that people may complain steel prices are more expensive but they will eventually fall. he said the tariffs protect an industry that is essential to...
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a talking contest in the u.s. has revealed that it doesn't take a top notch russian computer expert to get into america's election infrastructure it turns out and the levin year old can do it with more and the tears of a trickle. to learn more about the twenty hacking contest that's what the link says and yes it's from a real website and the contest surreal to it's for kids and it's not being held in russia what this is america anyway meet the winner eleven year old audrey i mean if . you beat me we can cause in the our own name it reminds me that we won the election and it just took her ten minutes to hack a replica of an election office website in one of the battleground states. these are members of congress they work hard to approve budget grants to sort out election cyber security the one for twenty was three hundred eighty million bucks these are child hackers i mean contestants they tap their keyboards to prove that within minutes america's election systems are a piece of garbage thirty five out of the thirt
a talking contest in the u.s. has revealed that it doesn't take a top notch russian computer expert to get into america's election infrastructure it turns out and the levin year old can do it with more and the tears of a trickle. to learn more about the twenty hacking contest that's what the link says and yes it's from a real website and the contest surreal to it's for kids and it's not being held in russia what this is america anyway meet the winner eleven year old audrey i mean if . you beat...
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the u.s. has brought relations with turkey to an almost complete hopes a disappointment is profound iran was aggravated when uncle are detained an american pastor alleged links to terrorism among other measures washington slapped additional tariffs on turkish media and steel that sent the turkish lira plummeting to record lows against the us dollar turkish stocks have tumbled to. release pastor andrew bronson now or be prepared to face the consequences. will respond to the u.s. declaring the trade on the whole world by answering new markets and finding allies at the president's direction the department of treasury is sanctioning turkey's minister of justice and minister of interior. we will boycott u.s. electronic goods. waging an economic war against turkey for this reason i've changed all my u.s. dollars into turkish the roots. i think we should always use locally made products after the spike in the u.s. dollar the prices for foreign products increased dramatically and people can no longer
the u.s. has brought relations with turkey to an almost complete hopes a disappointment is profound iran was aggravated when uncle are detained an american pastor alleged links to terrorism among other measures washington slapped additional tariffs on turkish media and steel that sent the turkish lira plummeting to record lows against the us dollar turkish stocks have tumbled to. release pastor andrew bronson now or be prepared to face the consequences. will respond to the u.s. declaring the...
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Aug 31, 2018
08/18
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BLOOMBERG
tv
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u.s. has set up today -- today. vonnie: it does not have to be today. >> definitely didn't they have not -- definitely. they did not fill in the you guess of the mexican agreement. they have a 30 days after that to finalize negotiations before it goes to congress. vonnie: what about canada? the dairy portion, canada not happy with backing down on dairy if the u.s. backed down on panels. >> will either side compromise on the major things of importance. canada wants to keep the dispute panels for topping, chapter 19 in place, maybe change it a little bit because they feel it is a way to get a more fair resolution of disputes, rather than go to the u.s. courts or wait a long time for the wto to rule. u.s. would like to get rid of the canadian gary support system entirely. the canadians oppose that. it puts quotas on the amount of imported milk that can come in to keep prices stable. there are areas in which canada has compromised with the eu and countries in the tpp. there is somewhat of a ro
u.s. has set up today -- today. vonnie: it does not have to be today. >> definitely didn't they have not -- definitely. they did not fill in the you guess of the mexican agreement. they have a 30 days after that to finalize negotiations before it goes to congress. vonnie: what about canada? the dairy portion, canada not happy with backing down on dairy if the u.s. backed down on panels. >> will either side compromise on the major things of importance. canada wants to keep the...