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Transcripts For BLOOMBERG Bloomberg Markets Americas 20240713

Talking about 750 billion euros of grants that might help the peripheral countries. Matt bailouts is really the big story here, aside from the chinese story you point out. It is fascinating to see the you yuan we can buy that much. Europe is in focus in not only because of the bailout proposal, but macrons 8 billion euro bailout of the auto. Ndustry daimler shares are rising 9 . Renault shares are up about 16 , 17 . The reason the french bailout matters for german carmaker daimler, of course, france isnt getting any money directly to german automakers. Are offering a cash for clunkers program, as well as 7000 euros for the purchase of any electric vehicle. So french consumers are likely to pick up a german car with some of that money. Not bad for sales. The other big story here has been the ecb. We watched Christine Lagarde q a withing and that european use on facebook. In any case, she said she sees is sort of now inline with ....

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