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BLOOMBERG Bloomberg Surveillance July 13, 2024

Billion people. Tom it is nothing more than a states rights issue in the united states, the tension between the federal government and the 50 states. The size of the fiscal stimulus is extraordinary, way more than what we saw from president obama in 2009. Just as importantly, the impulse of the fiscal stimulus over the short term is truly at a wartime level. Francine we are also getting some e flow figures. This is the month of march, german business confidence, and the index is 86. 1 instead of the preliminary 87. 7. March, i dont know whether it still seems quite strong. I know we will speak ahead of the if a in just a second. It is not having a big impact on the so the ifo march is holding on. If you look at current conditions, 93. This was for february, so it is backward looking, it does not take into account a lot of what we saw. It will be interesting to see what the ifo president expects for the future. Tom lets get to the data right now before we get started. They did it is sim ....

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BLOOMBERG Bloomberg Markets July 13, 2024

To back the bell and set to publish their own support program. Force johnson orders the u. K. Into a three weeks lockdown, sweeping new laws to breakup gatherings and fine any dissenters. Taylor meantime, i want to bring you some breaking news coming out of china. Their companies are having the worst quarter on record, according to china. The headline as it catches my eye, the economy has not gotten better as much as we thought they would be returning to work. It looks for the first three months of this year, a Quarterly Survey of all the firms, it looks like every individual sector was reporting worse results than originally thought. Saleswas a widespread in amid the harder hit retail sectors. The collapse in revenue and profit. Again, Economic Activity collapsed in february. This is as we knew that there was the massive virus spread that was going on. I think the key h ....

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BLOOMBERG Bloomberg Surveillance July 13, 2024

Stimulus. Is there fiscal stimulus in the United Kingdom . Francine there is fiscal stimulus. One of the first things we covered a couple of weeks ago was this treasury and bank of england acting together. The u. K. Probably has to do more, but they were at the forefront of it and they acted in a coordinated action of fiscal and lending to businesses. The loans and credit lines will make a big difference but it depends on when the economy gets back on its feet and when people start going back to work. You put cash into businesses and suspend payments, but at some point people have to go back to work. Tom the president talking of back to work near easter, or part of work part of america back to easter. Gdp for the stimulus and the United States commitment is a huge 5 of gdp and even up to package. Trillion a 2 trillion package. The
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BLOOMBERG Bloomberg Daybreak Europe July 13, 2024

Bring a malaria drug to u. S. Patients. Global equities make gains amidst tentative signs of Risk Appetite. Surges as President Trump says he may intervene in the price war. Welcome to a daybreak europe. We have seen 30 Central Banks cutting rates this week. 1. 5 trillion dollars of fiscal stimulus pledged worldwide. We have started to see stability in the market. Asian equities, excluding japan. Yesterday, we did not see limit up, limit down circuit breakers. In fact, we saw a little green on the screen, futures are dead flat. We have not yet broken the christmas low. European futures are firmly in the green and darl are dollar weakness is the focus. The fed starts dollar swap lines with nine more Central Banks and concerns around the lockdown pushed the dollar lower ....

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RT News July 13, 2024

Is rounding off the top 3 at 42000 now taking a closer look at this nation with reported deaths over 550 cases at this point so in an effort to fight those rising numbers in this country the u. S. National guard has been activated in 3 of the hardest hit States New York california and Washington State now almost half of all the u. S. Cases are all in new york state alone. And several states have also issued a stay at home orders for their residents with some even ordering nonessential businesses to close its doors this means stay at home avoid going out as much as possible unless its totally essential now current restrictions include the 3 biggest cities in the country new york city los angeles and chicago so overall the policy is going to affect millions of people and here in the Nations Capital republicans and demo ....

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