Page 15 - Currency Devaluation News Today

We saw, robert, a minute ago donald trump working a much more relaxed, joking donald trump, cracking one liners with the press corps. he moves over to this other room, familiar themes, trade, china and currency devaluation. youre talking about him maybe turning a corner. is that what youre seeing there? >> hes at ease. he made news. hes going to make famed investor carl icahn, sending signals about his cabinet, about the people he would surround himself with as president. this is someone making ...

Years between her and her husband. >> we will be talking about hillary clintons problems with e-mails and donald trump of course. tara setmayer, thank you for joining us. another story we are following, chinas central bank has announced its second currency devaluation in as many days. this is a move that donald trump criticized on tuesday in his speech in michigan. >> i think you have to do something to rein in china. they devalued their currency today. they are making it absolutely impossible...

Newsroom. thanks to much for staying with i us. im errol barnett. >> im zain asher. lets give you the headlines. hillary clinton is handing over her private e-mail server to the justice department. she faced criticism for not using a secure government server while she was secretary of state and republican presidential candidate, donald trump keeps rising popularity. two new polls show him leading in iowa and new hampshire. chinas financial markets are down today. some live numbers coming in ...

Overdue. the currency which before tuesdays announcement was only allowed to fluctuate within a narrow pre-set band set by the central bank. that value had been deviating for some time. thats why they said they did it to have the exchange rate more reflective of the reality. if you ask other people the government is doing it to weaken the currency intentionally to help eck porters, especially because tuesdays announcement came days after weak export date was announced by the government. this is ...

Relaxed, joking donald trump, cracking one liners with the press corps. he moves over to this other room, familiar themes, trade, china and currency devaluation. youre talking about him maybe turning a corner. is that what youre seeing there? >> hes at ease. he made news. hes going to make famed investor carl icahn, sending signals about his cabinet, about the people he would surround himself with as president. this is someone making calls to carl icahn and thinking about his administration, who...

>> in a sense argentina faced the same challengement dont think it didnt because it had been using the dollar at par with the peso. but the likely difference is that in the case of argentina they were very lucky. commodity prices driven by china and low interest rates were skyrocketing and they are a rich agricultural production country. so theyed a a lot to sell and were able to raise a lot of dollars to prop up the currency whereas it is hard to believe that greece would be similarly blessed. ...

Was reconnected with a sense of gratitude for a lot of the jobs i had taken for granted. and my theory simply says if were more grateful in general as a country, for cheap electricity and indoor plumbing and all of the things that make civilized life work, then a lot of things we define as problems, currency devaluation and some of the things you guys talk about on your show, i think those problems become more symptomatic and solvable. >> you also talk a lot about getting a college degree and th...

85%. >> americas record of literally and the key educational litmus tests, if you like, is shocking. they are falling so far behind countries like china and india and others, its getting embarrassing. what is going on with the education system in america that is leading to the statistics? >> i dont think things like the skills gap or currency devaluation or manufacturing outsourcing, i dont think these things are problems in and of themselves. they are symptoms of something bigger and i think th...

Know, if you go to college youre going to be able to get a good job and make a lot of money. >> its a difficult thing to talk about. the minute you take a position that is contrary to the prevailing narrative you are seen as anti- college. not all knowledge comes from college, right? theres been a thing -- [ applause ] its so easy to -- i think -- confuse the cause of the thing with the symptom of a thing. and a lot of the things that we talk about today, a lot of the headlines from the skills g...

You go to college, youre going to be able to get a good job and make a lot of money. >> look, it is a difficult thing to talk about because the minute you take a position thats contrary to the prevailing narrative, youre seen as anti-college. well, look, not all knowledge comes from college, all right? theres been a thing -- [ applause ] it is so easy, i think, to confuse the cause of the thing with the symptom of a thing. and a lot of things that we talk about today, a lot of the headlines from...