While ago. A flat yuan on the session. Lets have a quick look at whats going on in the United States. A whipsaw of a session. S p 500 down once again. We were higher a moment ago. Down about half a percent. Chairman powell speaking at the jackson hole symposium. The 10year, not a lot of movement. There was some movement in soybeans. We had a big drop only got this china headlines to the effect that china is retaliating for u. S. Tariffs. Publishable soybeans now about three quarters of a percent lower. Crude went down we got those headlines that exporting crude will be more expensive for exporters. We are still down about 1. 9 on wti. Lets get back to fed chairman powells speech in jackson hole. Joining us is matt. I make point to President Trumps tweets for thanking the fed for doing a big nothing and saying it is unclear who the u. S. s bigger enemy is, Jerome Powell or chairman xi. Very strange tweet. Atmagine thats a topic jackson hole people are talking about. The president s infl
Electrified future. Its not an option anymore to say it wont happen weve crossed the line its happening. The question isnt what type of engine is better or more environmentally friendly the car industry is in the throes of unprecedented change and germany risks being left behind the worlds biggest car market in china is powering an electric vehicle revolution and building the cars it needs itself. Over trying to preserve jobs come hell or high water and sectors where i can see that World Markets have already moved those sectors in a new direction its the worst mistake you can make. The world has made up its mind has germany the birthplace of the automobile and a proud car culture. That can do that will do we know how to build a Diesel Engine ours are probably the best in the world we can also build Combustion Engines the question is does the world still need them. Is germany prepared for the future. Were in berrigan this was once norways most polluted intersection don marks plus the ju
Electrified future. Its not an option anymore to say it wont happen weve crossed the line its happening thats called the question isnt what type of engine is better or more environmentally friendly the car industry is in the throes of unprecedented change and germany risks being left behind the worlds biggest car market china is powering an electric vehicle revolution and building the cars it needs itself. To preserve jobs come hell or high water and sectors where i can see that World Markets have already moved those sectors in a new direction its the worst mistake you can make. The world has made up its mind has a germany the birthplace of the automobile and a proud car culture. It will do we know how to build a Diesel Engine ours are probably the best in the world we can also build Combustion Engines. The question is does the world still need them. Is germany prepared for the future. Were in berrigan this was once norways most polluted intersection don marks plus the junction of 2 ma
Grandmother in west bank on humanitarian grounds. On twitter, the michigan Lawmakers Said silencing me and treating me like a criminal is not what she wants for me. It would kill a piece of me. Israel said today that it will let her visit her family one day after refusing entry along with fellow congresswoman ilhan omar. Trump administration has informed congress it plans to sell f16 fighters worth a billion dollars to taiwan, a move that issue to escalate already high tensions with china. Two u. S. Officials and a congressional aide says the administration have informally notified lawmakers of the proposed sale. The deal would behind the controversial because china loosely opposes all arms sales to taiwan, which it regards as a renegade province. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. Im ritika gupta. This is bloomberg. Live from bloomberg World Headquarters in new york, i am vonnie quinn
Also for issues such as security in the strait of hormuz that those are the 2 key topics that have really been occupying international leaders. Separate topics but definitely connected on the one hand the Nuclear Negotiations and the nuclear deal was somewhat debt after the United States unilaterally pulled out of the iran deal last year and the other hand it trumpet ministration as been trying to reach out sort of hand out this god knows what sort of other problems by saying well were open that box and so on and so forth its a matter of saving face for the Iranian Regime private harmony and for his sort of foreign spokesman jots or if who is the ministry of Foreign Affairs to come back to a negotiating table at which they had sat for a couple years and had reached an agreement and so its embarrassing its beyond the can save face and i had to lami had to repeat it several times that dealing with the us were talking to us and i quote is so not amiss what poison so you have a problem the