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Transcripts For BLOOMBERG Balance Of Power Democratic National Convention 20240712

We will bring you that as well as remarks from some of those mr. Biden had to beat to get the nomination, including former mayor Pete Buttigieg. He will speak in just a few minutes from now. We welcome Bloomberg White house reporter mario. Give us a sense of what joe biden has to do tonight and what he wants to do. What is a win for him tonight . Mario obviously in his 50 year career in washington this is the biggest moment of his political career. This is the biggest speech he will be delivering tonight. His Campaign Said earlier that he will lay out is positive vision for the country and reaffirm his core belief that he can unite this divided nation. So anything that would hit that note would be a win for joe biden. David who is he speaking to . He is speaking to all of us but who is the target audience. If there is one person he wants to reach tonight and maybe change their mind, or at least get them enthusiastic, who is it . Mario he wants to get the voter back that donald trump in

Transcripts For BLOOMBERG Balance Of Power Republican National Convention 20240712

We had a very, very strong economy, and then we were hit with the virus that knocked everything. He reacted quickly. He closed the border from china. Then he closed the border of those coming in from europe. And he went right to work setting up the task force to study the virus. This virus was perplexing. No one knew what to do at first. We did close the country. We shut things down because we tried to get a handle on it and didnt want to overwhelm our medical systems. And once we got that under control and started to change the curve on the virus, the president realized and he knew that the economy would be killed if we didnt start to reopen. So he worked the scientists to get regulations or suggestions to the governors on both sides of the aisle on how to open up and get the economy back on track. You are seeing that working. With the past three months we have created almost 9 million jobs. We came out of a great recession. By comparison, it took four years to create 9 million jobs i

Transcripts For BLOOMBERG Bloomberg Markets Balance Of Power 20240712

Complicated things. They are things we keep talking about, five or six fundamental principles. Things like Wearing Masks universally indoor and outdoor. Keeping six feet distance. Avoiding crowded places. Outdoors always better than indoors. Clearcut, fundamental awareness of the need to wash hands as frequently as you possibly can and stay away from places like bars where you congregate in crowded places. If we universally do that. One of the problems we have in this country is the understanding of the seriousness , verys as a pandemic dependent on what Demographic Group you are in. Ive never seen an infection like this where it goes from 40 of the people have no symptoms at all, very heavily weighted towards young people, who do quite well. People of minor symptoms, moderate symptoms on the severe systems, hospitalization, intensive care and death. When someone looks at it it depends on what youre looking at from what perspective. If i am a 75yearold person with diabetes and obesity,

Transcripts For FOXNEWS America Reports With John Roberts Sandra Smith 20240711

Sandra house conservatives also taking aim at Conference Chair liz cheney, calling for her removal from that post after she voted to impeach former President Trump. We have affecting coverage to kick things off on this wednesday afternoon, Kristin Fisher with more of the Biden Administrations next steps but we begin with Jacqui Heinrich live on capitol hill for us this afternoon, hey. Hey there sandra Marjorie Taylor greene did not make things easy on House Minority leader Kevin Mccarthy during our long meeting last night expressing no remorse, im told over past comments she made when elective promoting conspiracy theories. Mccarthy was forced to call in the Stearate Committee and lawmakers with their assignment. Whatever mccarthy decide to become it was not enough for House Democrats who Just Announced they are moving forward with a vote tomorrow on the floor to strip green of her committees. Democrats in the meantime seizing this moment watching half a Million Dollar ad campaign and

Transcripts For BLOOMBERG Bloomberg Markets European Close 20240713

Huawei. The s p 500 down 0. 9 . Dire Economic Data followed by confidencey good data, according to the Michigan Consumer sentiment data. But we are checking the innards of those data to see what is going on there. The 10 year yield at 63 basis 28. 53, up crude at a good 3. 5 today. Lets get to europe. Germany plunging into recession, gdp falling 2. 2 in the first quarter. Bloomberg has been speaking with executives of German Companies about the pressures caused by the pandemic. Have a listen. The times are turbulent and they are complicated. The real question everyone is asking, how quick will be recovery come . The uncertainty remains. There is still very much uncertainty, so from that point of view, we remain kind of cautious. I think it is too early to call an end to the globalized world. We assume a ushaped in area into year end. We are presuming recovery on the one side, which is important. We dont know exactly how the restart and the unraveling of the current lockdowns across the

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