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Transcripts For KTVU KTVU Mornings On 2 At 7am 20240713

Getting a break this morning but this global send in some 50 answer did agree temps and i think some rain mainly to the south later on today. 701, he will talk about this. That we figure out what that is on the bay bridge . It was crash new Treasure Island and you can see im sorry you were talking about whats happening at the toll plaza. Damage just someone trying to cut in line. People do that unfortunately and you can see it happening but the crash on the bay bridges nearing the life and its a minor crash but that means you are going to be in a little bit of a bigger back up at the bay bridge we will keep looking at it. It doesnt sound like a serious crash but anything on the bay bridge slows things down. In San Francisco northbound 101 traffic is ok approaching the 80s but pick san mateo but not a bad option. Looks all right heading to the area and there been no problems on 880 south. I want to mention that this topic commute is beginning to get slow on all the approaches to the wes

Transcripts For RT Boom Bust 20240714

Since the p. B. s c. Indicated recently that they are wary a larger scale easing measures and have so far refrained from cutting benchmark Interest Rates meanwhile just when the 2 sides have agreed to resume trade talks treasury secretary minutiae and has been quietly pushing the i. M. F. And independent body to endorse its view that china is a currency manipulator this is happening just one week after the i. M. F. Found chinas army to be fairly valued with no evidence of manipulation sneaky this move by the us the i. M. S. Largest shareholder is putting new pressure on the institution at it undergoes a sensitive leadership transition following Christine Legarde departure menuhin is backing georgieva the world banks chief exec to replace legard. Who has a close relationship with nugent could be installed at the i. M. F. As early as october at which point surely renew its efforts to end. Hard to address beijings currency policy trade war with china is now threatening to draw one of the

Transcripts For RT Boom Bust 20240714

Found chinas army to be fairly valued with no evidence of manipulation sneaky this move by the us the i and thats largest shareholder is putting new pressure on the institution at it undergoes a sensitive leadership transition following Christine Legarde departure menuhin is backing georgia the world banks chief exec to replace legard. Who has a close relationship with nugent could be installed at the i. M. F. As early as october at which point surely renew its efforts to engage her to address beijings currency policy trade war with china is now threatening to draw one of the global economies neutral umpires into the fray the i. M. F. The bank daddy of all banks is supposedly independent but are they really the u. S. Treasury was supposed to be independent yet they got bullied into trance agenda the fed is supposedly an independent Government Agency yet powell bowed to political. Pressure and now find themselves playing defense this is worrisome if theyre supposedly independent bodies

Transcripts For RT Boom Bust 20240714

That tariff and again on december 15th theyre going to increase the tariff on foods and goods we have to keep in mind as we are right on the cusp of the g. 7 and theres already weve already been told today that theres going to be meetings there with our people in china so were expecting that maybe this is sort of chinas way of saying were not going to back down because President Trump is not backing down and this is a good starting point and were going to see that happening right away. I think by the time monday rolls around just like last monday we may see the market turn around so for everything we lost last friday at this time we were talking about it we may regain on monday that were not 100 percent sure but it does say that china is not willing to back down and maybe we can find some happy medium because right now china was taking advantage of us for the longest time and finally we were able to stand up to them so lets see how this unfolds right and the timing certainly does seem

Transcripts For RT Boom Bust 20240714

This is sort of a tit for tat because President Trump put it terrifying china there are matching that tariff and again on december 15th theyre going to increase the tariff on foods and goods we have to keep in mind as we are right on the cusp of the g. 7 and theres already weve already been told today that theres going to be meetings there with our people in china so were expecting that maybe this is sort of chinas way of saying were not going to back down because President Trump is not backing down and this is a good starting point and were going to see that happening right away. I think by the time monday rolls around just like last monday we may see the market turn around so for everything we lost last friday at this time we were talking about it we may regain on monday that were not 100 percent sure but it does say that china is not willing to back down and maybe we can find some happy medium because right now china was taking advantage of us for the longest time and finally we wer

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