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BLOOMBERG Bloomberg Markets Asia July 13, 2024

With a economist. This economyf this contracted for the First Time Since at least 1990 two. A big contraction, more than was anticipated. What is your instant reaction . Robin let me be clear. The First Quarter contraction is not a surprise considering the lockdown in late january and february. Outputch industrial dimension and trade data suggested the supply side in the chinese economy has been on a recovery path. Are first in, first out amid this covid19 recession. We have seen the worst First Quarter followed by a shallow recovery from the Second Quarter onward. The ip data is better than retail sales or domestic data, means the supply side has been largely mobilized with now 90 of factories in china, 40 are operational. Many are back online. That is why we see a ....

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BLOOMBERG Bloomberg Surveillance July 13, 2024

Economically but really to the health crisis. Is norancine, there question about the extension of the virus. The cases of the virus are rolling over, but i will tell you, if you look at it graphically, it is ever so slight. The dawning awareness here in the pandemic in the last when he four hours is a primal scream for testing. In the last 24 hours is a primal scream for testing. There is a new awareness that Going Forward we need testing, and that is not so much to get people back to work but to stop the job losses. Remember, we have jobless claims this morning at 8 30. Francine what you are talking about is two different tests, right . Both i hear more and more people calling for action, testing on whether you have covid and testing on whether you had it and have developed antibodies. Thats get to first word news in new york city. Lets get to first word news in new york city with evian hurtado. Viviana
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ALJAZ Counting The Cost 2020 Ep 12 July 13, 2024

Has been anemic over the last 20 years so will it need a eurozone bailout. Car plants employing 14000000 people across europe are shutting down we talked to b. M. W. About the future of the industry. Spending the only a cash on stock buybacks to make shareholders richer airlines are begging for bailouts. Well the worlds biggest economy and its 60000000 citizens are under lockdown italy became the 1st european nation to introduce drastic measures to control the spread of the corona virus outside of china italy has reported the most deaths from the virus schools have been closed shops have been shuttered businesses are winding down nonessential work and transport hubs of ground to a halt. Well the Italian Government has pledged 28000000000. 00 to ease the burden of the pandemic that includes helping companies homeowners with their mortgage payments and people losing their jobs well italy really needs all the support it can get r ....

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BLOOMBERG Bloomberg Daybreak Australia July 13, 2024

Expected to be leak at best. We are joined by the imf mission chief later this summer. Shinzo abe widens the state of emergency to cover the country after critics said his initial plan offered too little, too late. Shery lets get you started with a quick check of the markets closing in the u. S. Markets finishing in the green after fluctuating all day. President trump mapping out a phased country reopening amid economic numbers. U. S. Futures higher by 2. 8 . President trump saying some states may be able to open before may 1. The dow jones up. 1 in the regular session. We had some big banks like Morgan Stanley showing the best performance in more than a decade. We saw a selloff in airlines stocks, United Airlines saying travel demand was essentially zero. We did get more than 5 million americans filing for unemployment benefits. The nasdaq managed to end higher by 1. 7 . Ta ....

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KPIX CBS This Morning July 13, 2024

World. That would be wonderful. And lets keep it shut for a couple of years. We cant do that. We cant have the cure be worse than the problem. A vote to advance a massive stimulus package failed again in a party line process. If you dont support the Public Health workers, theres no amount of stimulus. 2 trillion, 3 trillion, 4 trillion that will solve your problem. Prime minister Boris Johnson put the uk on lockdown and gave Police Special powers to arrest and fine people still ignoring advice to keep physical distance. If you dont follow the rules, the police will have the powers to enforce them. The 2020 olympics will likely be postponed. Several countries are saying they will not send teams. This was absolutely the right call. And everyone should follow their lead. The
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