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Transcripts For BLOOMBERG Bloomberg Markets Balance Of Power 20240713

The country is looking to inflict a historic nightmare on the united states. Late yesterday, one of the Key Developments was the pentagon dispatching 2200 more marines to the persian gulf as part of Amphibious Assault group. It is interesting that the secretary, pressed on the intelligence, said a lot of intelligence was what he had already done. He had already attacked americans. That is an anticipatory selfdefense. Bill the first reaction from the u. S. For the first commentary was there was an imminent threat posed by soleimani. Iranians and iraqi officials have said solomonic was on some kind of Diplomatic Mission soleimani was on some kind of Diplomatic Mission. Pompeo mocked that and said this guy had a lot of blood on his hands. David what about iraq . What about baghdad . Where with the notion we might leave the country and pull our forces out of there . Confusion when what appeared to be a draft letter from u. S. Military officials starting to talk about repositioning of u. S.

Transcripts For BLOOMBERG Bloomberg Markets Balance Of Power 20240713

Republicans are saying there is not sufficient evidence to accuse the president of these actions and this impeachment is a sham. It is not built on firsthand evidence and they have tried to dismiss the process as not worth pursuing. I was talking to sources over the weekend who are working on the committees with regards to impeachment, and theyre working on drafting articles of impeachment as we speak. When will that process conclude and the committee introduce articles of impeachment . We expect to see articles this week. They will probably be voted first in the Judiciary Committee as soon as wednesday and go to the house floor next week. They want to wrap this up before christmas and right now they are on that timeline. Vonnie what are we looking at in terms of articles of impeachment . At least twoa articles, the first will be abuse of power, that the president abused his power and trying to elicit help from a foreign power. The other will be obstruction of congress and pointing out

Transcripts For BLOOMBERG Bloomberg Markets European Close 20240713

Today. Down 15 . Accounting errors being investigated by the fcc and ftc and the doj. A deal has striker down 4 . It is buying a medical device manufacturer based in amsterdam, wright medical. It is selling down a little bit off of that. Guy here in europe, the stock 600 through the 400 line. That is a big deal. It is being driven by the dax today, german autos getting in on the deal. We are waiting for Christine Lagarde to speak, the first time shes going to do so as president of the ecb. Dare i mention it . The rand up by 2 . This to do with the fact that south africa did not get downgraded on friday. Negative from moodys but it did not get downgraded. Peter, lets start with equities. Absolutely going from strength to strength. What message do you take away from that . Is clearly athere loss of liquidity. The fed is injecting cash. The 60 billion per month in tbills they will buy per month on Central Bank Balance sheets. The ecb is back on expansion. Over the many years we have been

Transcripts For BLOOMBERG Bloomberg Markets Balance Of Power 20240713

Their impeachment inquiry. In a Public Statement led by House Intelligence Committee chairman adam schiff, key said as we move toward the new public phase of the impeachment inquiry, the American Public will begin to see for themselves the evidence that committees have collected. They go on to say the transcript of interviews with the ambassadors demonstrate clearly how President Trump approve the removal of a highly respected diplomat based on public falsehoods and smears against his character. Just moments ago, we are getting this transcript as these tales begin to trickle out. Anecdotally, i can tell you there have been problems logging on to see the transcript, potentially in illustration of how much interest there is to read these. Vonnie presumably the first david presumably the first of several coming out as they redact due to National Security issues. There were supposed to be depositions behind closed doors. Are those Going Forward . Kevin we do not know whether or not john bo

Transcripts For BLOOMBERG Bloomberg Markets Balance Of Power 20240713

A pause, possibly in tariffs due to go up next week. There is a lot more we have to hear from both sides on the details of any truce. We should emphasize, we are not expecting the brand bargain, if you will today. This is not a major deal to resolve all the differences and bring peace to the trade wars, but something to put a pause on things. Have the media itself can there has been disagreement between the president and Robert Lighthizer and the vice premier of what is going on. Is the price of the tariffs. If the president postpones the tariffs, does that give us an idea they are on the road to something bigger, or is it a temporary truce . Shawn it tells us it is a temporary truce. We are a long way from where we were in april or may when they were getting closer to a bigger deal. Thereve been tariffs put in place. One of the things unclear right 110s what would happen to billion trade of tariffs that took effect september 1. A lot of details we need to figure out. This is a partial

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