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Apr 20, 2023
04/23
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what i saw from janet yellen who _ tensions. what i saw from janet yellen who i _ tensions. what i saw from janet yellen who i am _ tensions. what i saw from janet yellen who i am a _ tensions. what i saw from janet yellen who i am a huge - tensions. what i saw from janet yellen who i am a huge fan - tensions. what i saw from janet yellen who i am a huge fan of i yellen who i am a huge fan of was _ yellen who i am a huge fan of was a — yellen who i am a huge fan of was a clear— yellen who i am a huge fan of was a clear emphasis on security— was a clear emphasis on security over economics. and by ranking — security over economics. and by ranking security at the top of the agenda, that pretty much turns— the agenda, that pretty much turns the _ the agenda, that pretty much turns the hopes for engagement on their— turns the hopes for engagement on their head. economics is long — on their head. economics is long been the anchor of the us china _ long been the anchor of the us china relationship, if we get the economics and trade right, then_ the economics and trade
what i saw from janet yellen who _ tensions. what i saw from janet yellen who i _ tensions. what i saw from janet yellen who i am _ tensions. what i saw from janet yellen who i am a _ tensions. what i saw from janet yellen who i am a huge - tensions. what i saw from janet yellen who i am a huge fan - tensions. what i saw from janet yellen who i am a huge fan of i yellen who i am a huge fan of was _ yellen who i am a huge fan of was a — yellen who i am a huge fan of was a clear— yellen who i...
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Jul 7, 2023
07/23
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i think janet yellen's visit should be i janet yellen's visit should be welcomed by the whole world, and china. it is more about the us trying to understand first, what is going on in china? china's economy is really not in good shape. the us is really not in good shape. the us is worried because this is not the right time to have fun due, 2015, if you recall, stock markets collapse just because we could not see any way out for the chinese economy. second,it way out for the chinese economy. second, it is to make sure that it is clear to china that the only thing the us is trying to achieve is this kind of small yard, but high fence idea of de—risking. export controls will be very targeted. indeed. it is also expected that janet yellen will be raising what the west will call china's unfair practices, including what we saw earlier this week. i wonder if she is discussing that around the table will there be any pushback from the chinese officials? i will there be any pushback from the chinese officials?— chinese officials? i think it will be very hard — chinese officials? i think
i think janet yellen's visit should be i janet yellen's visit should be welcomed by the whole world, and china. it is more about the us trying to understand first, what is going on in china? china's economy is really not in good shape. the us is really not in good shape. the us is worried because this is not the right time to have fun due, 2015, if you recall, stock markets collapse just because we could not see any way out for the chinese economy. second,it way out for the chinese economy....
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Jul 6, 2023
07/23
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even if janet yellen is seen as — ago. even if janet yellen is seen as the _ ago. even if janet yellen is seen as the good - ago. even if janet yellen is seen as the good copy - ago. even if janet yellen is seen as the good copy as l ago. even if janet yellen is i seen as the good copy as you said, this visit comes days after beijing announced its restricting imports onto key material is important for manufacturing, semiconductors. do you think this casts a shadow if you will over these talks? , ., , shadow if you will over these talks? there is all sorts of thins talks? there is all sorts of things that _ talks? there is all sorts of things that cast _ talks? there is all sorts of things that cast a - talks? there is all sorts of things that cast a shadowl things that cast a shadow over this. those two materials, gallium and germanium, which are key materials for making electric vehicles, i think that is the response of china to the imposition of a restriction on exporting us designed microchips to the united states, so that is a big issue between the two countrie
even if janet yellen is seen as — ago. even if janet yellen is seen as the _ ago. even if janet yellen is seen as the good - ago. even if janet yellen is seen as the good copy - ago. even if janet yellen is seen as the good copy as l ago. even if janet yellen is i seen as the good copy as you said, this visit comes days after beijing announced its restricting imports onto key material is important for manufacturing, semiconductors. do you think this casts a shadow if you will over these...
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Jul 7, 2023
07/23
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so coming back to janet yellen's _ military. so coming back to janet yellen's visitor, - military. so coming back to janet yellen's visitor, what | janet yellen's visitor, what did the us and china hope to get out of this? figs did the us and china hope to get out of this?— get out of this? as you said, the expectations _ get out of this? as you said, the expectations are - get out of this? as you said, the expectations are fairly i the expectations are fairly low. however ms yellen has been given a warm welcome in beijing and i think today's meetings will go that way. the meeting with liu he, the vice premier this morning, is probably the most important and that will be the most detailed. she is then going on to meet li qiang, the chinese premier this afternoon, that will be more protocol and a formal welcome by the chinese government. janet yellen is seen by the chinese in fairly favourable light. she has talked about the need to keep engagement with china, she has talked of the need to lift tariffs that were imposed during the trump administration, she has been quite critical
so coming back to janet yellen's _ military. so coming back to janet yellen's visitor, - military. so coming back to janet yellen's visitor, what | janet yellen's visitor, what did the us and china hope to get out of this? figs did the us and china hope to get out of this?— get out of this? as you said, the expectations _ get out of this? as you said, the expectations are - get out of this? as you said, the expectations are fairly i the expectations are fairly low. however ms yellen has been...
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May 11, 2023
05/23
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janet yellen in japan. let's speak _ were promised. janet yellen in japan. let's speak to _ were promised. janet yellen in japan. let's speak to michelle | japan. let's speak to michelle fleury in our new york hero. those quotes are pretty astonishing, aren't they? we have been talking all week about this possible 11th hour deal but donald trump says look, it's fine, could be a bad week, a bad day, who knows? i know, then ou week, a bad day, who knows? i know, then you have — week, a bad day, who knows? i know, then you have that _ week, a bad day, who knows? i know, then you have that sharp _ week, a bad day, who knows? i know, then you have that sharp contrast - then you have that sharp contrast with janet yellen they're saying it could spark a global downturn that would set us back much further. you know, itjust illustrates how far apart the two sides are. you have donald trump kind of echoing in some ways the view of many republicans. because remember over the weekend there were more than a0 republicans who said that they would not support any passing
janet yellen in japan. let's speak _ were promised. janet yellen in japan. let's speak to _ were promised. janet yellen in japan. let's speak to michelle | japan. let's speak to michelle fleury in our new york hero. those quotes are pretty astonishing, aren't they? we have been talking all week about this possible 11th hour deal but donald trump says look, it's fine, could be a bad week, a bad day, who knows? i know, then ou week, a bad day, who knows? i know, then you have — week, a bad day,...
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Mar 22, 2023
03/23
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janet yellen says the u.s. is not considering providing blanket the positive insurance to stabilize the banking system. we had a slightly different view from jay powell. he also dashed hopes the fed will be cutting rates this year. we will be looking for the bank reaction especially as we get more volatility across the u.s. banking sector. gold miners could see a boost. take a look at how we are setting up thursday as asia awakes to the fed decision to go 25 basis points rather than a pause and more significantly flagging that this is not the end of the road when it comes to the battle against inflation that more tightening is to come. ruling out the idea that we could see rate cuts this year. cindy futures we are up .6%. the fed pushing back against dovish expectations. we are looking at declines in sydney and also when japan gets underway. could see some gains when hong kong comes online. the aussie is trading stronger when it comes to the broader g10 and against the kiwi dollar as well. also watching the dol
janet yellen says the u.s. is not considering providing blanket the positive insurance to stabilize the banking system. we had a slightly different view from jay powell. he also dashed hopes the fed will be cutting rates this year. we will be looking for the bank reaction especially as we get more volatility across the u.s. banking sector. gold miners could see a boost. take a look at how we are setting up thursday as asia awakes to the fed decision to go 25 basis points rather than a pause and...
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Jul 10, 2023
07/23
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give us your take on janet yellen's is it to - on janet yellen's is it to china, four days she had very high level meetings with the prime minister among others. what did she achieve? i prime minister among others. what did she achieve?- what did she achieve? i think very constructive _ what did she achieve? i think very constructive dialogue, i very constructive dialogue, from what we hear on the ground, notjust the official dialogue with ministers, various policymakers but speaking to economists on the ground, people who are in touch with business, it does seem that there is a real intention to engage chinese businesses, with academics, to really talk about the future progress, in terms of the us — china dialogue. terms of the us - china dialogue-— terms of the us - china dialogue. terms of the us - china dialouue. h , ., dialogue. it's interesting to see how positively - dialogue. it's interesting to see how positively the - dialogue. it's interesting to - see how positively the markets have reacted to this, hong kong up have reacted to this, hong kong up strongly today and man l
give us your take on janet yellen's is it to - on janet yellen's is it to china, four days she had very high level meetings with the prime minister among others. what did she achieve? i prime minister among others. what did she achieve?- what did she achieve? i think very constructive _ what did she achieve? i think very constructive dialogue, i very constructive dialogue, from what we hear on the ground, notjust the official dialogue with ministers, various policymakers but speaking to...
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Jul 7, 2023
07/23
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janet yellen came out publicly _ capability. janet yellen came out publicly in _ capability. janet yellen came out publicly in favour- capability. janet yellen came out publicly in favour of - out publicly in favour of easing tensions with china in an address you gave atjohns hopkins university in april and she added the following: do you think that's in line — that message is in line with the actual measures we've seen the actual measures we've seen the biden administration take? so far i believe it is in line with the measures the biden administration has taken. which go back to october 7 last year when the united states imposed some restrictions on the sale of semi conductors to china. so there's a lot of talk about applying it to other areas such as quantum computing and cloud computing, and artificial intelligence. it remains to be seen how far they should go. i want to highlight something that's interesting to me — the united states and china are both putting security before economics. they are both really highlighting and prioritising their security interests. the
janet yellen came out publicly _ capability. janet yellen came out publicly in _ capability. janet yellen came out publicly in favour- capability. janet yellen came out publicly in favour of - out publicly in favour of easing tensions with china in an address you gave atjohns hopkins university in april and she added the following: do you think that's in line — that message is in line with the actual measures we've seen the actual measures we've seen the biden administration take? so far i...
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Mar 23, 2023
03/23
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CNBC
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joining me is >> thank you, frank.5a■ >> we heard janet yellen's 5a■6■ comments. the highest rate since 2007. powell said we will likely see another Ñihike. which situy(u=9■ is the catalys for the steep selloff we saw yesterday? >> you and i were on the phone as this was happening doing the pre-interview. chair powell was doing5a■ a ver conference. str■+ong a fine line of and acknowledgingñ inflation risk stillu■ existing while still acknowledging that there are stresses in the banking system. i thought'c■ markets wereu■ act positively until janet yellen made her comments with çófdic insurance. it shows yoj1 how fragile sentiment is within the banking regional banks. that wase1lp enough toÑi puti everythinge1 into a sharp sello. u doing finee1 and reacting well with the increase by chair powell,tuá ended by the secretary's comments. kg cf1 o >> the comments now digested. something to watch.çó let's talk about portfolio management right nowxd in lightf the news of the hike and whate1 janet yellen said and how arefá you judging companies? what a
joining me is >> thank you, frank.5a■ >> we heard janet yellen's 5a■6■ comments. the highest rate since 2007. powell said we will likely see another Ñihike. which situy(u=9■ is the catalys for the steep selloff we saw yesterday? >> you and i were on the phone as this was happening doing the pre-interview. chair powell was doing5a■ a ver conference. str■+ong a fine line of and acknowledgingñ inflation risk stillu■ existing while still acknowledging that there...
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Jul 3, 2023
07/23
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sorry, brian janet yellen is?— brian janet yellen is? if i make it was brought _ brian janet yellen is? if i make it was brought pp _ brian janet yellen is? if i make it was brought up by _ brian janet yellen is? if i make it was brought up by secretary - brian janet yellen is? if i make it. was brought up by secretary blinking and the redoubt of issues that were discussed. secretary kerry, my former boss from the 0bama administration, this is is rector he continue talks about engaging china, because this is the existential crisis over time. when the chinese, frankly, have taken loops ahead most of the rest of the world in terms of investing in clean energy, in solar. they are taking this seriously, the climate issue. they are converting their energy production too much cleaner energy infrastructure than most of the rest of the world. so, they are crystal. without china and they are crystal. without china and the united states in the game, but really have a hope in combating climate change.— really have a hope in combating climate chan
sorry, brian janet yellen is?— brian janet yellen is? if i make it was brought _ brian janet yellen is? if i make it was brought pp _ brian janet yellen is? if i make it was brought up by _ brian janet yellen is? if i make it was brought up by secretary - brian janet yellen is? if i make it. was brought up by secretary blinking and the redoubt of issues that were discussed. secretary kerry, my former boss from the 0bama administration, this is is rector he continue talks about engaging china,...
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Jul 8, 2023
07/23
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BBCNEWS
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janet yellen speaking _ for lunch. applause. janet yellen speaking to - for lunch. applause. janet yellen speaking to a - for lunch. applause. janet yellen speaking to a group| for lunch. applause. janet l yellen speaking to a group of female economists in beijing on automatic trip she has made to china. let's go back to fukushima. the waste water from the plant which was affected by an earthquake in 2011 and a tsunami which severely damaged the planet, 12 years after that eventin the planet, 12 years after that event in 2011 the plan to release treated wastewater from the plant was endorsed by a united nations watchdog. some scientists and activists have opposed the plan due to concerns about the impact of the ocean bed and marine life. meanwhile seoul has said it respects the un body plasma conclusion the discharge of waste water from the fukushima plant will be largely safe. but the government has not been able to reassure the south korean public who are overwhelmingly opposed to the release of the water. more now from seoul and asia—pacific editor of the world service,
janet yellen speaking _ for lunch. applause. janet yellen speaking to - for lunch. applause. janet yellen speaking to a - for lunch. applause. janet yellen speaking to a group| for lunch. applause. janet l yellen speaking to a group of female economists in beijing on automatic trip she has made to china. let's go back to fukushima. the waste water from the plant which was affected by an earthquake in 2011 and a tsunami which severely damaged the planet, 12 years after that eventin the planet,...
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Jul 6, 2023
07/23
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LINKTV
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janet yellen will defend u.s. trade curbs imposed on security grounds and expressed concern about beijing's export controls on metals used in semiconductors and solar panels. let's get some analysis. we see janet yellen being greeted there on the red carpet in beijing. we are joined by the head of the china studies center. thank you for being with us. can you give us your perspective on what this meeting is about? >> of course, janet yellen herself tweeted that it was the president of the united states that charged the administration with deepening communication with china. of course, this is a double-edged sword, right? she used to be a london school of economics professor, and it is a bit of an issue because the s what's happening is a demo of real talk, so this is not small talk. this is real talk about the economy, but on the other hand, it is a non-winner in agenda terms because the issues are structural. they run deep. they run back to trump's administration, but at the same time, this is an interesting sign
janet yellen will defend u.s. trade curbs imposed on security grounds and expressed concern about beijing's export controls on metals used in semiconductors and solar panels. let's get some analysis. we see janet yellen being greeted there on the red carpet in beijing. we are joined by the head of the china studies center. thank you for being with us. can you give us your perspective on what this meeting is about? >> of course, janet yellen herself tweeted that it was the president of the...
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treasury secretary janet yellen touching down to beijing for a controversial trip that the administration claims will ease tensions between the countries. we will be following her visit throughout the morning, let's take a look at markets, futures this morning as you can see our trading in the red once again. the dow jones industrials pointed lower by 155 points, nasdaq down 58 and change in nasdaq down 18 the fed releasing the minutes from the june policy signaling more rate hikes ahead. we have you covered on that. we have jobs data on deck today, june adp and jobless claims coming out this morning and the 8:00 a.m. hour. it's all hands on deck for the june jobs report that comes out 8:30 a.m. eastern time tomorrow, take a look at european markets this morning. as you can see right now red arrows across the board the cac 40 in the dexter in the red and in asia overnight, red across-the-board. joining the conversation all morning long optimal capital director of strategy francis newton stacy and former new york state homeland security advisor and redlands security michael balboni, "morni
treasury secretary janet yellen touching down to beijing for a controversial trip that the administration claims will ease tensions between the countries. we will be following her visit throughout the morning, let's take a look at markets, futures this morning as you can see our trading in the red once again. the dow jones industrials pointed lower by 155 points, nasdaq down 58 and change in nasdaq down 18 the fed releasing the minutes from the june policy signaling more rate hikes ahead. we...
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Nov 10, 2023
11/23
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janet yellen sc comments become between _ time. janet yellen sc comments become between joe _ time. janet yellen sc comments become between joe biden - time. janet yellen sc comments become between joe biden and| time. janet yellen sc comments l become between joe biden and xi become betweenjoe biden and xi jinping next week. the two most powerful nations met in bali a lot has changed despite restrictions on high—tech products over the last few months for the us — china relations have actually improved both sides keen to find more ways to cooperate on economic issues. translation: thank ou economic issues. translation: thank you madam _ economic issues. translation: thank you madam secretary - economic issues. translation: thank you madam secretary for l thank you madam secretary for your— thank you madam secretary for your remarks. it gives me great pleasure — your remarks. it gives me great pleasure to meet with you and the beautiful city of san francisco. it is less than four months _ francisco. it is less than four months since we last visited beijing — months since we
janet yellen sc comments become between _ time. janet yellen sc comments become between joe _ time. janet yellen sc comments become between joe biden - time. janet yellen sc comments become between joe biden and| time. janet yellen sc comments l become between joe biden and xi become betweenjoe biden and xi jinping next week. the two most powerful nations met in bali a lot has changed despite restrictions on high—tech products over the last few months for the us — china relations have...
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Nov 10, 2023
11/23
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yellen, looking _ of prices. janet yellen, looking through - of prices. janet yellen, looking through some l of prices. janet yellen, l looking through some of of prices. janet yellen, - looking through some of the comments she made, she said herself that the united states will continue to take targeted actions to protect themselves and their allies national security. that is almost sending mixed messages. because they are also saying they are looking at future collaborations. in terms of the areas where there could be a future potential collaboration between the two nations, where would that be? i between the two nations, where would that be?— would that be? i think in terms ofthe would that be? i think in terms of the steps — would that be? i think in terms of the steps treasury _ would that be? i think in terms of the steps treasury secretary janet yellen is taking, they will not go and say, everything, let's start again and put everything on the table. they will adapt, adopt an initial position and try and step back from that. the issue is both countries will be looking for, a
yellen, looking _ of prices. janet yellen, looking through - of prices. janet yellen, looking through some l of prices. janet yellen, l looking through some of of prices. janet yellen, - looking through some of the comments she made, she said herself that the united states will continue to take targeted actions to protect themselves and their allies national security. that is almost sending mixed messages. because they are also saying they are looking at future collaborations. in terms of the...
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Jul 17, 2023
07/23
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jonathan: janet yellen speaking in india. in about our -- in about an hour speaking to the treasury secretary about china and things beyond that. equities slightly negative, we are down .1% on the s&p 500. once again, we have a weaker dollar against the euro. 1.1238 for the euro against the dollar and yields are lower, down five basis points. your 10 year 3.7794. tom: euro breakout would be something we have not seen yet. it is a quiet day but it is a on the watch quiet day for what is supposed to be quieter monday. jonathan: looking out for the ecb to potentially hike again and then watched? recession right now in germany. tom: we could waste our time on that with annmarie hordern. she is the euro correspondent but there are more important things to talk to her about today. there is a conversation with the secretary of treasury. annmarie hordern, i am certain that in washington we have never had a secretary of treasury who understands the dynamics of our labor economy as this sector of the treasury. does janet yellen feel we
jonathan: janet yellen speaking in india. in about our -- in about an hour speaking to the treasury secretary about china and things beyond that. equities slightly negative, we are down .1% on the s&p 500. once again, we have a weaker dollar against the euro. 1.1238 for the euro against the dollar and yields are lower, down five basis points. your 10 year 3.7794. tom: euro breakout would be something we have not seen yet. it is a quiet day but it is a on the watch quiet day for what is...
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118
Jul 9, 2023
07/23
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FOXNEWSW
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a bow from janet yellen, really. where is the pushback for all of this aggression coming from communist party officials. we don't have any here at the white house. >> we're opening doors, not taking them on. maria, as always, you're covering all angles. we look forward to watching, 15 minutes. maria: thank you. >> still ahead on "fox & friends," you know how much we love our national days and today is national sugar cookie day. the owners of bake, eat, love are here with some sweet decorating tips so you can make delicious deserts at home and then i think we're going to compete for the best design. don't go anywhere. ♪ come on, fire me up. ♪ pour your sugar on me. ♪ i can't get enough. ♪ i'm hot, sticky sweet.is ♪ fro bm my head -- er® using the finest materials, like indulgent memory foam, and ultra-conforming intellicoils®, for a beautiful mattress, and indescribable comfort... every single night. stearns & foster® what comfort should be. for a limited time, bring home incredible comfort with $400 in s
a bow from janet yellen, really. where is the pushback for all of this aggression coming from communist party officials. we don't have any here at the white house. >> we're opening doors, not taking them on. maria, as always, you're covering all angles. we look forward to watching, 15 minutes. maria: thank you. >> still ahead on "fox & friends," you know how much we love our national days and today is national sugar cookie day. the owners of bake, eat, love are here...
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Jul 10, 2023
07/23
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and janet yellen's efforts to calm tensions with china. but the phrase heated exchanges also applies to worrisome global weather patterns and spinoff effects here at home. scorching temperatures and dangerous flooding. oklahoma saw flooding that required several swift-water rescues, and the week ahead could be among the hottest america has ever seen. all of this on the president's plate as he arrives in london. >> reporter: good evening, president biden did not attend king charles' coronation back in may, but he promised that the two would see each other soon. their visit tomorrow just one of several high-profile events on a trip that will likely shape the future of nato. tonight, president biden arrived in london, ahead of monday meetings with king charles and the british prime minister. when the leaders will talk climate change. but, it's the russisian invasio and the state of nato that hwil dominate the trip. the world's biggest security alliance is grapple willing with if and when ukraine should join. the president insisted that the wa
and janet yellen's efforts to calm tensions with china. but the phrase heated exchanges also applies to worrisome global weather patterns and spinoff effects here at home. scorching temperatures and dangerous flooding. oklahoma saw flooding that required several swift-water rescues, and the week ahead could be among the hottest america has ever seen. all of this on the president's plate as he arrives in london. >> reporter: good evening, president biden did not attend king charles'...
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May 12, 2023
05/23
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BLOOMBERG
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treasury secretary janet yellen. that will be live from the g7 in japan and about 20 minutes from now. 8:40 5 a.m. london time and this is bloomberg. ♪ francine: welcome back to the open. 30 minutes into the european trading day. there are your top stories. debt ceiling optimism. president joe biden house speaker kevin mccarthy postponed today's meeting as the staff level talks are said to make progress. u.s. futures are in the green. it's a hopeful sign that central bankers and finance ministers gather in japan for the g7. we speak with treasury secretary janet yellen this hour. jamie dimon warns that u.s. default would be potentially catastrophic. we will have more from yesterday's interview. when you look at the markets, time, they seem to be more upbeat than they have been of late. tom: there is friday optimism creeping into this. there will be talks from the debt ceiling but also talks starting between china and the u.s.. will it lead to the two presidents finally having a conversation after the risks in tensi
treasury secretary janet yellen. that will be live from the g7 in japan and about 20 minutes from now. 8:40 5 a.m. london time and this is bloomberg. ♪ francine: welcome back to the open. 30 minutes into the european trading day. there are your top stories. debt ceiling optimism. president joe biden house speaker kevin mccarthy postponed today's meeting as the staff level talks are said to make progress. u.s. futures are in the green. it's a hopeful sign that central bankers and finance...
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Mar 21, 2023
03/23
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BBCNEWS
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what more has janet yellen been saying in this speech?— what more has janet yellen been saying in this speech? based on that cli - , the saying in this speech? based on that clip. the end — saying in this speech? based on that clip. the end it _ saying in this speech? based on that clip, the end it was _ saying in this speech? based on that clip, the end it was really _ saying in this speech? based on that clip, the end it was really the - clip, the end it was really the salient part of what you are saying. not only is she reassuring everyone that the american banking system is safe but that they are prepared to go in and help any other banks that are struggling. and that has given a lot of people much more confidence that the extraordinary measures that we saw take place a few weeks ago when it came to the silicon valley bank that the regulators here in america are prepared to step in to offer support to other banks as well. so that has really reassured a lot of people in terms of the health and safety of the banking system here in t
what more has janet yellen been saying in this speech?— what more has janet yellen been saying in this speech? based on that cli - , the saying in this speech? based on that clip. the end — saying in this speech? based on that clip. the end it _ saying in this speech? based on that clip, the end it was _ saying in this speech? based on that clip, the end it was really _ saying in this speech? based on that clip, the end it was really the - clip, the end it was really the salient part of...
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Jul 6, 2023
07/23
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the treasury secretary janet yellen arriving in china. we will take you live to beijing. meta platforms launching its competitor to twitter called threads, we will show you what mark zuckerberg said about the new service. "squawk box" begins right now. >> good morning, welcome to "squawk box" on cnbc, we are live from the nasdaq market site at times square, all three of us are here. >> all of us in yellow, how did we do it? one of
the treasury secretary janet yellen arriving in china. we will take you live to beijing. meta platforms launching its competitor to twitter called threads, we will show you what mark zuckerberg said about the new service. "squawk box" begins right now. >> good morning, welcome to "squawk box" on cnbc, we are live from the nasdaq market site at times square, all three of us are here. >> all of us in yellow, how did we do it? one of
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Jul 6, 2023
07/23
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janet yellen is also expect to meet with the business community. there are also expectations that both sides will want clarity on definitions of national security and a better sense of how the economies are holding up. singapore, cnbc business news. >>> in dealnews a company has priced it ipo at ,20 per share. the pricing implies a market cap point ,■ billion. the debut will be one of the first ipos journal -- and germany. >>> romania will host europe's biggest ipo event of the year. hidroelectrica has priced their shares under $23 giving it a market cap of over $10 billion. shares will start trading on july 12th. cab payments made its debut today. this has an evaluation of 850 million pounds. >>> this email is confident -- this ceo is confident when asked why he is moving to another country. >> we will continue to dominate the global markets. from my perspective i look at it and silicon valley is a great tech location but so is here. we have been around for a long time in london as i mentioned. the bulk of our employees are here. we do believe t
janet yellen is also expect to meet with the business community. there are also expectations that both sides will want clarity on definitions of national security and a better sense of how the economies are holding up. singapore, cnbc business news. >>> in dealnews a company has priced it ipo at ,20 per share. the pricing implies a market cap point ,■ billion. the debut will be one of the first ipos journal -- and germany. >>> romania will host europe's biggest ipo event of...
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Mar 23, 2023
03/23
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treasury secretary janet yellen saying the u.s. government is not considering packing all bank deposits. tencent is the one to watch when it comes to tech, revenue inching higher that managed to reverse those cook -- reverse two consecutive quarters -- ♪ let's find the right investments for your goals. okay, great. j.p. morgan wealth management. when you automate sales tax with avalara, you don't have to worry about things like changing tax rates, exemption certificates or filing returns. avalarahhh ahhh ahhh go. go scientist. go software. go cure. go production. go faster and safer. emerson automation software helps breakthrough medicines get to market at warp speed. go human go. go boldly. emerson. it's easy to get lost in investment research. okay, great. j.p. morgan wealth management. i screwed up. mhm. i got us t-mobile home internet. now cell phone users have priority over us. and your marriage survived that? you can almost feel the drag when people walk by with their phones. oh i can't hear you... you're froze-- ladies, pl
treasury secretary janet yellen saying the u.s. government is not considering packing all bank deposits. tencent is the one to watch when it comes to tech, revenue inching higher that managed to reverse those cook -- reverse two consecutive quarters -- ♪ let's find the right investments for your goals. okay, great. j.p. morgan wealth management. when you automate sales tax with avalara, you don't have to worry about things like changing tax rates, exemption certificates or filing returns....
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Jul 9, 2023
07/23
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janet yellen declares u.s. china ties on a surer footing after her beijing visit saying washington's message has been received on trade and supply chains. >> buying back shares at a steep discount as investors hope that million-dollar fines marked the end of the regulators crackdown on jack ma's company. kathleen: the new zealand and eu sign a new trade deal pledging to meet new green goals. check wall street. down a little bit. the s&p 500 and also the nasdaq after a jobs report left people kind of scratching their heads about a cooling labor market. look at the number of jobs. fewer than expected were created last month. at the same time wages actually rose while unemployment fell. we can see in the futures market the small gains actually are being indications of very marginal small gains. really unchanged at the open. it is the middle of the summer. trade is a little lighter. it has been for some while. you can see the 10 year showing a 4.06% yield. it was around 4.04% friday. the dollar weaken friday. that
janet yellen declares u.s. china ties on a surer footing after her beijing visit saying washington's message has been received on trade and supply chains. >> buying back shares at a steep discount as investors hope that million-dollar fines marked the end of the regulators crackdown on jack ma's company. kathleen: the new zealand and eu sign a new trade deal pledging to meet new green goals. check wall street. down a little bit. the s&p 500 and also the nasdaq after a jobs report left...
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May 11, 2023
05/23
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treasury secretary janet yellen says a u.s. government default would undermine washington's ability to provide international leadership. she called this scenario unthinkable. sec. yellen: a default would produce economic and financial catastrophe. millions of americans could lose their jobs. household incomes would be reduced. american businesses would see caret it -- credit markets deteriorate. millions of families that receive government payments would likely be left without the resources they were promised. tom: and do not miss our exclusive conversation with janet yellen tomorrow morning at 8:30 a.m. u.k. time. u.s. inflation showing signs of cooling in april, opening the door for the fed to pause soon. cpi rose by 4.9% from a year earlier, marking the first sub-5% reading in two years. for the analysis on central banks and how to position, let's bring in vivek paul, senior portfolio strategist at black rock international. let's start with the cpi print out of the u.s. we know the fed is focused, services softer than expect
treasury secretary janet yellen says a u.s. government default would undermine washington's ability to provide international leadership. she called this scenario unthinkable. sec. yellen: a default would produce economic and financial catastrophe. millions of americans could lose their jobs. household incomes would be reduced. american businesses would see caret it -- credit markets deteriorate. millions of families that receive government payments would likely be left without the resources...
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Jul 17, 2023
07/23
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we already hear from janet yellen ahead of the conversation. we will be speaking to the eu commissioner for econo i don't want you to move. i'm gonna miss you so much. you realize we'll have internet waiting for us at the new place, right? oh, we know. we just like making a scene. transferring your services has never been easier. get connected on the day of your move with the xfinity app. can i sleep over at your new place? can katie sleep over tonight? sure, honey! this generation is so dramatic! move with the xfinity 10g network. hi, i'm katie, i've lost 110 pounds on golo in just over a year. golo is different than other programs i had been on because i was specifically looking for something that helped with insulin resistance. i had had conversations with my physician indicating that that was probably an issue that i was facing and making it more difficult for me to sustain weight loss. golo has been more sustainable. i can fit it into family life, i can make meals that the whole family will enjoy. it just works in everyday life as a mom. >
we already hear from janet yellen ahead of the conversation. we will be speaking to the eu commissioner for econo i don't want you to move. i'm gonna miss you so much. you realize we'll have internet waiting for us at the new place, right? oh, we know. we just like making a scene. transferring your services has never been easier. get connected on the day of your move with the xfinity app. can i sleep over at your new place? can katie sleep over tonight? sure, honey! this generation is so...
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May 8, 2023
05/23
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we start with janet yellen warning of economic chaos should the u.s. default on the debt obligations come june 1st. this as congressional leaders meet with president biden tomorrow. >>> amc reached a deal to pay down the debt. the settlement must be approved by the judge with the hearing scheduled in june. >>> and biden administration is looking for airlines to come up with rules to compensate passengers over delays or cancellations. >>> and binance temporarily resumed bitcoin transactions >>> baidu will reveal the first smartphone next week and put a.i. in all products >>> the ceo of five groups are pushing back on the regulations from brussels over the use of personal data. siemens and s.a.p. and others say the data act would force them to give up trade secrets and give an advantage to china we spoke with a company ceo, brainlab, earlier. >> it would achieve a better access to data which is a good idea by having regulation than it would make it difficult to achieve that the idea is right, but overregulation achieves the opposite >> a story to waectch
we start with janet yellen warning of economic chaos should the u.s. default on the debt obligations come june 1st. this as congressional leaders meet with president biden tomorrow. >>> amc reached a deal to pay down the debt. the settlement must be approved by the judge with the hearing scheduled in june. >>> and biden administration is looking for airlines to come up with rules to compensate passengers over delays or cancellations. >>> and binance temporarily...
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Jul 6, 2023
07/23
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janet yellen says _ any kind of noisy backdrop. janet yellen says it _ any kind of noisy backdrop. janet yellen says it is _ any kind of noisy backdrop. janet yellen says it is about _ any kind of noisy backdrop. janet yellen says it is about the - any kind of noisy backdrop. janet yellen says it is about the risking not decoupling and once again it adds to the fact these economies are intrinsically linked. —— de—risking. whether it is american customers buying chinese made goods are china relying on other countries are parts including mineral she touched on. usa the acting is of national security concerns but the chinese deceit is trying to contain the growing economic power trying to decouple supply chains and when you have the biden administration for example threatening to withhold access to certain cloud to chinese customers in the wall street journals to reduce the mistrust existing between the two sides. we got someone like general welwyn travelling to beijing to meet face—to—face and delay some of those fears. the backdrop also makes it very difficult with each si
janet yellen says _ any kind of noisy backdrop. janet yellen says it _ any kind of noisy backdrop. janet yellen says it is _ any kind of noisy backdrop. janet yellen says it is about _ any kind of noisy backdrop. janet yellen says it is about the - any kind of noisy backdrop. janet yellen says it is about the risking not decoupling and once again it adds to the fact these economies are intrinsically linked. —— de—risking. whether it is american customers buying chinese made goods are...
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May 9, 2023
05/23
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. >>> ahead of the meeting, janet yellen is sounding the alarm to the private sector over the debt crisis as she warns of a coming economic catastrophe >>> spikie speaking of crisis, the banking turmoil and how that to fuel a credit crunch. >>> and lucid on life support. sending shares down ahead of the open >>> and sam bankman-fried has a new legal strategy to help him avoid jail time. it is tuesday, may 9th, 2023 you are watching "worldwide exchange" here on cnbc >>> good morning welcome to "worldwide exchange." i'm frank holland. a mixed session yesterday and this morning, the declines in the nasdaq in pre-market nasdaq down .50% we are seeing the dow jones industrial average opening up 100 points lower if it opened at this time. that is still early. the s&p is fractionally lower. the bond market is something we are watching as we await the inflation data look at the 10-year treasury at 3.49 we are looking at the 2-year treasury a bit below 4% yield there we have seen bond yields tick up the last week. we are looking at the energy markets. oil back above $70 a barrel wti crude is down
. >>> ahead of the meeting, janet yellen is sounding the alarm to the private sector over the debt crisis as she warns of a coming economic catastrophe >>> spikie speaking of crisis, the banking turmoil and how that to fuel a credit crunch. >>> and lucid on life support. sending shares down ahead of the open >>> and sam bankman-fried has a new legal strategy to help him avoid jail time. it is tuesday, may 9th, 2023 you are watching "worldwide...
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May 24, 2023
05/23
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alix: janet yellen also saying that biden team offer to cut deficits. what areas could we see risks for cuts? katrina: i don't think we can cut out infrastructure spending and i think that is where you're talking about, the green investments that will impact energy stocks. i do not think there is appetite to do that and we have had such an underinvestment in infrastructure for a long time. i think we will need to -- it will be death by a thousand cuts. it will be a little here and a little beer and we will get to those numbers but we don't know when we are going to run out of money. these discussions could continue to elongate. janet yellen is in that position where she needs to create urgency and that is why she has the narrative to looking around -- about running out soon but she doesn't want to create fear about -- by saying we are running out tomorrow. she is doing a great job to create urgency because what we like to see in the market is resolutions. that is what the debt ceiling is representing, that increased uncertainty. alix: katrina dudley com
alix: janet yellen also saying that biden team offer to cut deficits. what areas could we see risks for cuts? katrina: i don't think we can cut out infrastructure spending and i think that is where you're talking about, the green investments that will impact energy stocks. i do not think there is appetite to do that and we have had such an underinvestment in infrastructure for a long time. i think we will need to -- it will be death by a thousand cuts. it will be a little here and a little beer...
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that's correct. janet yellen has pretty much come into the rescue today. her comments alone led the way for more than 50 percent in today's search. today for 1st republic, a much needed bounce back for that company. and for those wondering what you said, well, you know, i'm pretty much pledged or support to the u. s. banks in a bid for ease the financial for the fears of financial contagion. you'll him toll members of the a, be a that's the american bankers association, that the federal government is ready to step in to help out other trouble lenders after the collapse of silicon valley bank and signature bank. saying that the steps we took, we're not focused on eating specific banks and that our intervention was necessary to protect the broader us banking system. and more importantly, she said that similar actions could be warranted if smaller institutions suffer. deposit runs that post the risk of contagion. so if you're wondering what does this mean? treasury secretary, you're pretty much taking a val today to come to the rescue of troubled regional ban
that's correct. janet yellen has pretty much come into the rescue today. her comments alone led the way for more than 50 percent in today's search. today for 1st republic, a much needed bounce back for that company. and for those wondering what you said, well, you know, i'm pretty much pledged or support to the u. s. banks in a bid for ease the financial for the fears of financial contagion. you'll him toll members of the a, be a that's the american bankers association, that the federal...
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Jul 8, 2023
07/23
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you can tell how rigid they were on the janet yellen trip. there's no progress. griff: michael, when we have the big overseas trip by u.s. officials like janet yellen, we think about something tangible, are they going to bring anything back, trade promises, do you see any tangibles coming out of this trip? >> not know far, she revealed to the press on the way over that she wants the chinese to engage in debt forgiveness to a lot of really poor countries especially in africa where these countries are heavily in debt to china. so, i myself think she's very over optimistic, but that apparently was one of their requests. no movement on that. there's probably four or five other issues we know she's seeking something because she used to be president of the san francisco federal reserve. griff: right. >> she had lots of contact with china. she's not naive about chinese trade policies, but to say that we should discuss our differences and our concerns, that's negotiations the way president trump was doing it. so it's a real setback. griff: do you believe that she messed
you can tell how rigid they were on the janet yellen trip. there's no progress. griff: michael, when we have the big overseas trip by u.s. officials like janet yellen, we think about something tangible, are they going to bring anything back, trade promises, do you see any tangibles coming out of this trip? >> not know far, she revealed to the press on the way over that she wants the chinese to engage in debt forgiveness to a lot of really poor countries especially in africa where these...
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Jul 7, 2023
07/23
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we heard janet yellen on the four-day visit. as the traders in that shanghai go out for lunch, who comes back? that is the question is in it? haslinda: japan under pressure with further consolidation happenings in that market. the nikkei 225 still up 25% on the year. ain't to shabby. currently it is under pressure down 0.2%. we are keeping an eye on the yen. it is trading a tad higher. mr. yen says 168 may be coming in 2024. the boj's -- as saying a balance approach is needed. wages in japan have doubled from a year ago suggesting perhaps the boj may move on its policy earlier than anticipated. the yen 143. 92. now to the india focus. we are looking ahead to stories that investors are watching. shares of a drugmaker will start trading in mumbai after its ipo will hold auctions for reverse repo and government bonds. it is also set to release weekly foreign exchange data. keep an eye on latest monsoon rainfall data. currently 5% below normal levels. the adani group spring noble energy plans to raise $1.5 billion to fund the conglo
we heard janet yellen on the four-day visit. as the traders in that shanghai go out for lunch, who comes back? that is the question is in it? haslinda: japan under pressure with further consolidation happenings in that market. the nikkei 225 still up 25% on the year. ain't to shabby. currently it is under pressure down 0.2%. we are keeping an eye on the yen. it is trading a tad higher. mr. yen says 168 may be coming in 2024. the boj's -- as saying a balance approach is needed. wages in japan...
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Jul 7, 2023
07/23
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what more did janet yellen happy to say? what more did janet yellen happy to sa ? ,, , , , , _, , say? the us business community in bei'ina and say? the us business community in beijing and in _ say? the us business community in beijing and in china _ say? the us business community in beijing and in china specifically, - beijing and in china specifically, and the concerns they have clearly raised with her about market access, and what he talked about as punitive actions against us businesses in china. the fact that this year, we have seen several us businesses investigated with some of their staff arrested, and at least one closed down. that has caused a great deal of concern, i think, for the safety of us companies operating in china. there is also concern that china. there is also concern that china isn't really giving proper open free market access to us companies, according to wto rules, and china finds ways to discriminate and china finds ways to discriminate and keep out certain us companies that it doesn't want to compete in the chinese markets. but there ar
what more did janet yellen happy to say? what more did janet yellen happy to sa ? ,, , , , , _, , say? the us business community in bei'ina and say? the us business community in beijing and in _ say? the us business community in beijing and in china _ say? the us business community in beijing and in china specifically, - beijing and in china specifically, and the concerns they have clearly raised with her about market access, and what he talked about as punitive actions against us businesses in...
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Apr 16, 2023
04/23
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the book is a story about janet yellen, but it's actually much more than that. so yellen had been nominated in november 20, 20 by president elect biden to become the treasury secretary, and it was clear to anyone who followed these things at that moment that this was a really consequential historic figure. regardless of what you think about her or her ideas. janet yellen at, that point would had served as the chair of the council of economic advisors, which is that she was the chief economic advisor to the president in the white house in in her case, bill clinton in the late 1990s. she then became the federal reserve chair while was covering that beat. so a lot of the stories in one of those nominations that you mentioned, stories about kind of her and what she brought to the fed during the financial crisis in 2008. and she was also the first woman ever to run the federal reserve. now, she was going to be the first woman to ever run the u.s. treasury. and she also would be the first person in american to have served, in all three of those positions, malware. no
the book is a story about janet yellen, but it's actually much more than that. so yellen had been nominated in november 20, 20 by president elect biden to become the treasury secretary, and it was clear to anyone who followed these things at that moment that this was a really consequential historic figure. regardless of what you think about her or her ideas. janet yellen at, that point would had served as the chair of the council of economic advisors, which is that she was the chief economic...
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Jul 10, 2023
07/23
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janet yellen's follow-up visit has been warmly received. and as she heads home today, yet another u.s. official is packing his bag. in about a week, the u.s. climate envoy, john kerry, is due to be here in beijing for even more talks, which could well pave the way for presidents biden and xi to meet before the end of the year. elizabeth palmer, cbs news, beijing. >>> now the weather. today intense sorms from the south to the northeast, this is oklahoma, which was swamped early today. the rain fell fast, leading to flash flooding and high-water rescues. and after a brutal week of blistering temperatures, can it get any hotter? the answer, yes. meteorologist paul goodloe from our partners at the weather channel has the forecast. >> major, this steamy sunday has turned into a very stormy sunday. the storms are not going to stop overnight but continue even into monday. the big concern is flash flooding. the southeast popping up storms, lines of storms, damaging wind, hail and a lot of heavy rain coming through there. damaging wind is going to b
janet yellen's follow-up visit has been warmly received. and as she heads home today, yet another u.s. official is packing his bag. in about a week, the u.s. climate envoy, john kerry, is due to be here in beijing for even more talks, which could well pave the way for presidents biden and xi to meet before the end of the year. elizabeth palmer, cbs news, beijing. >>> now the weather. today intense sorms from the south to the northeast, this is oklahoma, which was swamped early today....
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Jul 6, 2023
07/23
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can janet yellen said, the second in as many months. canjanet yellen do said, the second in as many months. can janet yellen do what the others have not yet managed to do, which is though that relationship that is particularly frosty about politics but also now economics and business two. ., but also now economics and business two. . ., ., but also now economics and business two. ., ., ., but also now economics and business two. thanks for having me. i think it is a difficult — two. thanks for having me. i think it is a difficult task _ two. thanks for having me. i think it is a difficult task for _ two. thanks for having me. i think it is a difficult task forjanet - it is a difficult task forjanet yellen. i think she has a more conciliatory tone compared to the other us officials but i think it will be hard to see a breakthrough given that their�*s still so much tension between the two superpowers. i think this trip, i think most analysts would believe it is opening analysts would believe it is opening a channel for communication t
can janet yellen said, the second in as many months. canjanet yellen do said, the second in as many months. can janet yellen do what the others have not yet managed to do, which is though that relationship that is particularly frosty about politics but also now economics and business two. ., but also now economics and business two. . ., ., but also now economics and business two. ., ., ., but also now economics and business two. thanks for having me. i think it is a difficult — two. thanks...
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May 12, 2023
05/23
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don't be a deadbeat nation, treasury secretary janet yellen says the u.s. has to raise the debt ceiling as talks and easy gain traction. fed governor michelle bowman says more hikes could be needed and higher rates needed for longer if inflation stays hot. how do you feel about that? we get the latest read on consumer sentiment. welcome to bloomberg markets. guy: there is good news and bad news. it may just be bad news. the headline number dips to 57 point 7%. current condition, 65.5% is a significant drop. expectations, future expectations 53.4%. then we get to the inflation numbers which come in at 4.5%. that's the highest number since 2011. i'm curious as what to the five and 10 year inflation number look like. alix: 3.2%? five-10 year inflation expectations 3.2%. we've been around that three level for a bit but clearly, we are looking at weaker expectations and consistently higher inflation. alix: it's not good you could argue. guy: the long-term expectation is the highest since 2011. these are not our numbers so let's talk to the person whose numbers t
don't be a deadbeat nation, treasury secretary janet yellen says the u.s. has to raise the debt ceiling as talks and easy gain traction. fed governor michelle bowman says more hikes could be needed and higher rates needed for longer if inflation stays hot. how do you feel about that? we get the latest read on consumer sentiment. welcome to bloomberg markets. guy: there is good news and bad news. it may just be bad news. the headline number dips to 57 point 7%. current condition, 65.5% is a...
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Dec 15, 2023
12/23
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— beijing about janet yellen's comments. ,, �* , ., comments. sure. i'll start with a response _ comments. sure. i'll start with a response to _ comments. sure. i'll start with a response to god _ comments. sure. i'll start with a response to god it _ comments. sure. i'll start with a response to god it is - comments. sure. i'll start with a response to god it is really i a response to god it is really unusual. we've seen a published letter from the chinese president xi letterfrom the chinese president xijinping. a couple of comments. the first that the chinese finalisation benefits us firms, something of a sales pitch, and he responded directly to some criticism made by treasury secretary yellin who said for example that china should shift away from a state driven approach to economic policy and said this discourages foreign investors particularly those who might be concerned about their intellectual property going missing or worried about preferential treatment from the chinese communist party to domestic competitors. in his letter xijinping s
— beijing about janet yellen's comments. ,, �* , ., comments. sure. i'll start with a response _ comments. sure. i'll start with a response to _ comments. sure. i'll start with a response to god _ comments. sure. i'll start with a response to god it _ comments. sure. i'll start with a response to god it is - comments. sure. i'll start with a response to god it is really i a response to god it is really unusual. we've seen a published letter from the chinese president xi letterfrom the...
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Jul 9, 2023
07/23
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janet yellen herself was critical of the _ extent. janet yellen herself was critical of the curbs _ extent. janet yellen herself was critical of the curbs on _ extent. janet yellen herself was critical of the curbs on the - extent. janet yellen herself was critical of the curbs on the us i critical of the curbs on the us firms and they raise national security confirms about tech, don't they? talk us through some of that. china is one of the biggest producers of certain metals which do support and are very in need. this is a key driving force for the future of aia. you know, we had this resurgence and, you know, looking at the years ahead, i'm sure the us is very happy with their own macro right now but how long will it last? itjust right now but how long will it last? it just doesn't right now but how long will it last? itjust doesn't make sense to separate any national—security action and recent comments by biden to the economic picture. and that is a tall order. it will not be sold anytime soon but the important thing is this stat
janet yellen herself was critical of the _ extent. janet yellen herself was critical of the curbs _ extent. janet yellen herself was critical of the curbs on _ extent. janet yellen herself was critical of the curbs on the - extent. janet yellen herself was critical of the curbs on the us i critical of the curbs on the us firms and they raise national security confirms about tech, don't they? talk us through some of that. china is one of the biggest producers of certain metals which do support...
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Jul 18, 2023
07/23
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janet yellen referred to further u.s. economy. sydney futures are up 0.5%, may be the outperformer's in what will be potentially a mixed session in asia. china growth concerns continuing to weigh on sentiment even as we saw pretty decent rally in the u.s. session. u.s. futures also higher. a bit of weakness when it comes to the yen as well. shery: shery: and those concerns about the chinese economy, reflecting in the stock markets in china as well, haidi, when it comes to the equity markets in mainland and hong kong. both really under pressure. when we talk about china, the largest emerging market economy, we have been talking about it as an anchor for riskier assets in emerging markets. well, that seems to be decoupling right now. china versus em's, this chart shows u.s. stocks have left em stocks behind, but em stocks excluding china are leaving em stocks behind with china, that is. we have seen at the underperformance of chinese stocks versus emerging market years to about 16 percentage points this year or so. that would be the
janet yellen referred to further u.s. economy. sydney futures are up 0.5%, may be the outperformer's in what will be potentially a mixed session in asia. china growth concerns continuing to weigh on sentiment even as we saw pretty decent rally in the u.s. session. u.s. futures also higher. a bit of weakness when it comes to the yen as well. shery: shery: and those concerns about the chinese economy, reflecting in the stock markets in china as well, haidi, when it comes to the equity markets in...
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Jul 6, 2023
07/23
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janet yellen is expect to arrive shortly in the chinese capital and she is the second high—level us cabinet member to do so after secretary of state antony blinken�*s visit just a couple of weeks ago. her trip also comes after beijing moved to limit the exports of certain rare earths just days ago. monica miller has more. this is the first time a us treasury secretary has visited china since the covid pandemic and this is the environment they find themselves in. for example, trade restrictions. one point of contention is over rare earth metals, essential components to make semiconductor those which are used in everything from smart phones to military equipment. earlier this week beijing said it will require a special license to obtain two metals predominantly mined in china stopping this move has seen a retaliation against export bands put in place by the united states of critical technology needed for artificial intelligence and quantum computing. both sides argue that these bands are neededin argue that these bands are needed in the interest of national security. another issueis nationa
janet yellen is expect to arrive shortly in the chinese capital and she is the second high—level us cabinet member to do so after secretary of state antony blinken�*s visit just a couple of weeks ago. her trip also comes after beijing moved to limit the exports of certain rare earths just days ago. monica miller has more. this is the first time a us treasury secretary has visited china since the covid pandemic and this is the environment they find themselves in. for example, trade...