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Detailed text transcripts for TV channel - FOXNEWS - 20110515:22:55:00

sluggishly and a booming economy produces a gushinger of tax receipts -- gusher of tax receipts and, the problem with trying to raise revenue by raising tax rates at a time of a weak economy, is, it is likely to prevent the growth you need to really get anything and you may never get the money, we need both, more revenues from growth, and, we need to cut the cost of the programs. >> chris: nina, how do you -- >> i would add on the tax side. it's not -- taxes shouldn't be addressed, we need tax reform and you saw this week, going after a piece of -- it is politically viable for the democrats to go after the oil executives, for example. okay, plug those tax benefits, they are getting and reduce rates, and, that will help growth. but, you do have to address tax reform, that has to be part of this as well. >> chris: but the republicans say we'll never get tax reform before the debt deal has to be made. >> but the debt deal becomes a false -- you know, becomes a false deadline, when, in fact

Problem , Economy , Revenue , Tax-rates , Anything , Growth , Tax-receipts , Gushinger , Gusher , Chris-wallace , Shouldn-t , Comprehensive-immigration-reform

Detailed text transcripts for TV channel - CNN - 20110420:08:56:00

european stock markets a shot in the arm. take a look at the dax up 2%. in uk, latest rate-setting meeting out this morning voted 6-3 in april for keeping rates on hold. we still have consistent concern about bailout members like portugal, greece and i ladder after greece raised $2 billion on the bond market yesterday. nina, here in the asia-pacific region we've had a pretty nice bounceback after tuesday's selloff. nikkei saw some gains, mainly in the tech sector. property stocks lifted. the hang seng here in hong kong. in sydney it was really resource tocks and gold and copper that lifted by more than 1.3 and gold testing highs of $1500 an ounce. that's all for "world business

Meeting , Stock-markets , Takea-look , British , Arm , Shot , Dax , 2 , Concern , Nina , Portugal , Hold

Detailed text transcripts for TV channel - CNN - 20110420:08:06:00

toyota. the impact on honda's share price has been even greater. that's dropped 11.34% since january. look at nissan shares there, down 16.49%. even more over that same period. nina? let's have a look at european stock markets because they've begun trading day by extending yesterday's recovery. there's been a strong opening in the first hour of trading or on. this is where we stand at the moment. as you can see, a number of indices up in excess of 1.5%. corporate earnings to mention as reporting season gets under way. retailer home retail group in the uk has seen its shares slide to the tune of 3% after reporting a drop in its earnings and sales figures, hp billiton after they were warned of flooding if australia. gold just topped $1,500 an ounce, so that goes to show you that investors are still seeking

Toyota , Shares , Impact , Nissan , Share-price , Honda , 16-49 , 11-34 , Look , Number , Trading , Stock-markets

Detailed text transcripts for TV channel - FOXNEWS - 20110418:06:48:00

you go home at night and think if i put this guy in maybe he would win and maybe he will get to third base and maybe he won't be able to get all the way home. i think donald trump has caught people's attention. saying very provocative things and talking about jobs and playing to people's anxieties about china and foreign influence and foreign sources of energy and look i have done it, i have created jobs and i will be able to do this for you. how long this star lasts i don't know. i think he is enjoying it. he went to a rally yesterday. >> chris: you figure he is enjoying it. in. >> i think he is enjoying it and you get that kind of attention for awhile. whether it lasts i don't know. >> chris: nina. in. >> i have to say that my husband is a romney advisor, full disclosure. on the trump thing you have to wonder where the birther thing is going to take him when not only are we supposed to believe that barack obama's mother

People , Things , Base , Donald-trump , Attention , Guy , All-the-way-home , Jobs , It , Sources , I-dont-know , Star

Detailed text transcripts for TV channel - FOXNEWS - 20110417:18:48:00

fantasy baseball team. you go home at night and think if i put this guy in maybe he would win and maybe he will get to third base and maybe he won't be able to get all the way home. i think donald trump has caught people's attention. saying very provocative things and talking about jobs and playing to people's anxieties about china and foreign influence and foreign sources of energy and look i have done it, i have created jobs and i will be able to do this for you. how long this star lasts i don't know. i think he is enjoying it. he went to a rally yesterday. >> chris: you figure he is enjoying it. in. >> i think he is enjoying it and you get that kind of attention for awhile. whether it lasts i don't know. >> chris: nina. in. >> i have to say that my husband is a romney advisor, full disclosure. on the trump thing you have to wonder where the birther thing is going to take him when not only are we supposed to believe that barack obama's mother

People , Things , Base , Donald-trump , Attention , Fantasy-baseball-team , Guy , All-the-way-home , It , Jobs , Sources , I-dont-know

Detailed text transcripts for TV channel - CNN - 20110318:08:07:00

gap in the information flow is where a lot of people are putting their fear and it's breeding a lot of mistrust. nina? >> stan grant, thanks very much for that update there from our tokyo bureau. japan is getting some help on another front. for the first time in more than a decade, the group of seven nations has agreed to intervene to help japan slow down the rise of the yen. take a look at what's been happening to the dollar/yen movements so far today. on this graph, the higher the line, the weaker the yen. and the yen is, in fact, weakening. in fact, start here at 5:00 a.m. this morning when the yen was trading at about $78.87 and then three hours later, look at this, the time of the g-7 announcement, the yen weakened sharply. so when it goes up, that actually means the yen has weakened. right now, it's trading at about

Nina , Lot , People , Fear , Bureau , Stan-grant , Tokyo , Mistrust , Gap , Update , Information-flow , Japan

Detailed text transcripts for TV channel - CNN - 20110318:08:32:00

u.n.'s decision has sent the price of oil surging. prices have recovered from losses earlier in the week as investors increasingly turned their attention from the crisis in japan back to the temperature money in libya and in the middle east. right now nymex crude is up about $2 going for about $103.13 a barrel in the electronic trading. and the price of gold is also on the rise. at the moment it's up nearly $7, trading at around $1,414 an ounce. nina? well, pauline, it's still unclear how the no-fly restrictions will be implemented, but the threat they pose to libya's military may complicate the government's advance against rebel positions. libyan air force jets have bombed benghazi's airport destroying planes on the tarmac and gadhafi is vowing to end the war on his terms.

Japan , Price , Libya , Crisis , Oil , Un-security-council , Losses , Investors , Decision , Prices , Temperature-money , Attention

Detailed text transcripts for TV channel - CNN - 20110318:08:47:00

friday by the close of the session. that will help to mitigate some of the losses from the course of the week. now japan's benchmark index is down 14% total on the week. that improving sentiment spread through the rest of the region, as well, through the asia/pacific markets. all the major markets finished with gains following the g-7 news. steel makers, seoul up higher than 7%. as well as mining stocks in sidney as the price of oil soars. so, nina, looks like all the indices here are reacting quite nicely to that announcement from the group of finance ministers. >> similar situation here, as well, pauline. let's get more on that joint currency intervention by japan and, of course, the rest of the g-7 nations. and to do so, we're joined by adam cole in london. and, adam, first up, this is the

Japan , Course , Losses , Rest , Sentiment , Some , Session , Close , Benchmark-index , 14 , Gains , Markets

Detailed text transcripts for TV channel - CNN - 20110318:08:36:00

small town along japan's northeastern coast where we were just saying villages are trying to do just that. >> reporter: in a matter of minutes, there was almost nothing left. the coastal town stood squarely before the tsunami's ferocious energy and seemed to suffer like no other place. other cities in japan could claim that at least some of their neighborhoods survived. not here. we're at a rare vantage point where you can actually visualize the force and scope of this tsunami. look, it knocked the railroad track off, it was that powerful. and look all around me, the sweep of this is incredible. it came in off the inlet within minutes and destroyed everything for as far as you can see. some local residents who escaped are back. they seem still in shock as they start to pick through their homes. describe how you feel about what this has done to your home? your town?

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Detailed text transcripts for TV channel - CNN - 20110318:08:09:00

reasonably strong. >> and remember, japan is a huge exporter country and relies on exports for much of its economic growth. think of brands like toyota, hon honda, and sony. in the g-7 joint communique today, the finance ministers basically said yes, japan, we will help you out in a concerted intervention. and they also said access volatility and disorderly movements in exchange rates have adverse implications for stability and we will monitor exchange markets closely and we'll cooperate as appropriate. so, nina, that's the communique from the g-7. >> when you say other countries are intervening, what is it exactly they're going to be doing? >> that's a good question. and i asked that exact question to the chief foreign exchange strategist for barclay's capital in tokyo, he says it's still unclear but most likely the g-7

Japan , Country , Exports , Communique , Exporter , G-7 , Growth , Brands , Hon-honda , Sony , Toyota , 7