janet: i agree. that's where we need to think of that in advance because it took us a while and then we had to mobilize all those people and we had the dialysis centers. they're good at i.v.e.'s and stuff like that. the home health people were able to help with delivering the monoclonals and so forth. but we had to dream all this up in the middle of a crisis and then reach out to all these people. the ambulance people, some community organizers in different communities were fabulous at organizing vaccination in delivery of therapeutics to their people. but they weren't the people who came to mind instantly. mark: we're seeing good examples of everything you said. that's the good news. that the challenges, how you make that scaleable and how you make it easier to replicate and sustain financially. most of the funding for thatk some of it's going to come from c.d.c. and public health. there's just not a whole lot of resources there. a lot more around social service grants, many states like indiana did

thank you janet mui.ous and irresponsible" — according to the boss of energy giant shell. wael sawan has told the bbc the world's current energy system still "desperately needs oil and gas" and warns against dismantling it before a greener alternative system is ready to take its place. speaking to our business editor, simonjack, he said increased demand from china and a cold winter in europe could see a repeat of energy price rises that have made the cost of living crisis worse. the reality is, the energy system of today continues to desperately need oil and gas. and before we are able to let go of that, we need to make sure that we have developed the new energy systems of the future, and we are not yet, collectively, moving at the pace that requires that to happen. antonio gutierrez, the chief of the un, said that it is economic and moral madness to continue to look for new oil and gas. what would you say to him? i disagree with him, respectfully. i think what would be dangerous and irresponsible is actu

ithink janet important thing. indeed. i think janet yellen's _ important thing. indeed.ellen's visit _ important thing. indeed. i think janet yellen's visit should - important thing. indeed. 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 th

even if janet yellen is seen as — ago. even if janet yellen is seen as the _ ago. 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 countries. there are b

so coming back to janet yellen's _ military. so coming back to janet yellen's visitor, - military. 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 of those tariffs. and

and reordering sitting down with janet yet -- annmarie hordern sitting down with janet yellen.he word premature, citi using the same words. andrew hollenhorst says all of the optimism is premature. upside risk to shelter and other services inflation means we do not share the outlook. tom: same page as mohamed el-erian. that is what the market is trying to do. triple leveraged on cash. i was thinking i would get my shows in the morgan stanley. jonathan: is that what you are thinking? from new york, this is bloomberg. ♪ start saving today at godaddy.com you got this. let's go. gobble gobble. i've seen bigger legs on a turkey! rude. who are you? i'm an investor in a fund that helps advance innovative sports tech like this smart fitness mirror. i'm also mr. leg day...1989! anyone can become an agent of innovation with invesco qqq, a fund that gives you access to nasdaq-100 innovations. i go through a lot of pants. before investing carefully read and consider fund investment objectives, risks, charges, expenses and more in prospectus at invesco.com. back in the day, sneaker drops me

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 lane

janet yellen came out publicly _ capability. janet yellen came out publicly in _ capability.ublicly 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 chinese are doing the exact same thing. so this really should come as no surprise. we just have to reassure ea

janet yellen speaking _ for lunch. applause. janet yellen speaking to - for lunch. applause. 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, michael bristow. the edi

janet yellen will defend u.s.urbs 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 because

sorry, brian janet yellen is?— brian janet yellen is?an 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 change. paul? ithinkjol is riuht. climate change. paul? ithinkjol is riht. it climate change. paul? ithinkjol is riuht. it is climate change. paul

treasury secretary janet yellen touching down to beijing for a controversial trip that the administrationwill 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, "mornings with

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

a bow from janet yellen, really.or 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 savings on select mattresses. learn mo

the treasury secretary janet yellen arriving in china. we will take you live to beijing.ing 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

janet yellen declares u.s.hina 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 ga

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 thi

we already hear from janet yellen ahead of the conversation.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. >> go

janet yellen says _ any kind of noisy backdrop. janet yellen says it _ any kind of noisy backdrop.ys 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 side holding all sorts of cards trying to play because these things get a bit tricky. excuse me if i can speak. michelle flew to new york and i am so sorry. michelle fleury with the latest meal. cutting oil

you can read i more analysis on janet yellen's more analysis on janet yellen's visit to beijing on moreonjanet yellen's visit to beijing on our website. meanwhile the us has been keeping a close eye on beating's handling on beating's handling of its currency however china says the reason it is so low is because of the us federal reserve raising interest rates. the central bank there held the cost of borrowing study last month after ten straight hikes. more rate hikes but at a slower pace, that is the message from the american central reserve. policymakers intend to raise interest rates as soon asjuly after taking a break last month to assess the impact of ten previous increases. while fed officials seem to be in agreement for what to do next meeting minutes released on wednesday showed there was disagreement amongst members over the decision to hold off injune. they could have supported a rate rise last month because inflation remains well above the 2% target. the minutes show how policymakers aren't grappling with how to tame inflation after it hit aao year high last year. even after l

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

good _ refinance. 0k. janet, thank you so much. good to _ refinance. 0k. janet, thank you so much.anet, thank you | so much. good to see you again. ina in a ilittle over an hour's time, we'll get the latest indication of how much uk earnings have been rising. last month's jobs earnings have been rising. last month'sjobs report earnings have been rising. last month's jobs report showed earnings have been rising. last month'sjobs report showed uk wages are rising at their fastest rate in 20 years, excluding the pandemic, in part because of a rise in the minimum wage. regular pay — excluding bonuses — increased by 7.2% in the three months to april, although it still lags behind the cost of living. live now to yael selfin — chief economist at kpmg uk. let's the jobs report is which out. what are you expecting it to eshow this month?- out. what are you expecting it to eshow this month? we're not exectin: to eshow this month? we're not exoecting a _ to eshow this month? we're not exoecting a major _ to eshow this month? we're not expecting a major change - to eshow this month? we're not

we heard janet yellen on the four-day visit.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 conglomera

—— janet yellen.g the trump administration, she's really appealing to re—engage on this issue. it's an issue one of the few issues on which the us and china really can agree. in the us, litigation against the sale of so—called ghost guns has been put into motion following a fourth ofjuly weekend mass shooting in philadelphia. the suspect allegedly used two ghost guns to fatally shoot five people. philadelphia's deputy commissioner of investigations confirmed the weapons used in the rampage were privately made meaning there is no way to trace where they came from. now, the city says it has filed a lawsuit against polymer80, inc. and jsd supply, two of the largest suppliers of ghost guns confiscated in philadelphia. polymer80 was also sued by the us city of baltimore in 2022 accusing the manufacturer of causing a public health crisis. because ghost guns are untraceable, it is hard to quantify exactly how many are on the street. however the philadelphia police department confirmed (ani)that 575 however t

what more did janet yellen happy to say? what more did janet yellen happy to sa ? 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 are a whole host of other prob

janet is in india and the news _ business. janet is in india and the news conference - business.in india and the news conference of- business. janet is in india and the news conference of the i business. janet is in india and l the news conference of the 620 the news conference of the g20 finance ministers, they said the business that beijing helped put the us and china relationship on sure footing. they also said they are eager to work with china on areas of mutual interest including debt restructuring for poor countries. speaking of china, the second biggest economy is due to report its growth figures injust a due to report its growth figures in just a few hours from now. in addition to gdp for the second quarter, will also get thejune readings for unemployment as also get the june readings for unemployment as well as retail sales. all of the information that we've had, we were speaking with the insights of what is happening. i speaking with the insights of what is happening.— speaking with the insights of what is happening. i think the gdp can be — what is happening. i think t

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 referred to further u.s. economy.ay 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 widest margin since at least

janet yellen herself was critical of the _ 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 statement is the other thing i need to mention is, olive branch

janet mui is head of market analysis at rbc brewin dolphin.the economic data in a moment, but first focus on the yellen visit. what signals does it send about direction of us—china trading relationship? good afternoon. there has been no major breakthrough but i think it is a good communicative tour. janet yellen keeps reiterating that the us doesn't want to repress china's economic ambition, they want to safeguard national security, so it's mostly for the premium technology and the artificial intelligence sector, so it's a conciliatory tone that both countries need to work together and make sure they cooperate and coexist instead of decoupling from each other. zoning in on factory gate data, what does this data tell us about what's happening in chinese factories and more broadly the global economy? i think this is disappointing from an economic perspective because there was already worries about the state of the chinese economy and the data shows that the recovery is very slow, nowhere near as strong as anybody anticipated. analysts are downgr

janet yellen decline cause -- declares u.s./china ties on surer footing after a beijing visit. >> let's look at how u.s. futures are trading. we start the trading week in asia. you can see there is a little green on your screen. thinking of stocks, you have the s&p 500 up marginally. the nasdaq up marginally. they were down marginally friday. the u.s. jobs report was mixed. jobs came in on the payrolls lighter than expected. wages year-over-year actually rose. the unemployment rate fell showing enough tightness in the labor market for the fed to continue hiking rates another 25 basis point hike at the july meeting in a couple weeks now is already priced in. likewise, for treasuries, same analysis. more rate hikes probably means yields have maybe not peaked. the 10 year yield friday got up to about 4.04%. the three year got to its highest level, back to its highest level since mid-march. the dollar weekend. that was surprising with what bonds were doing. in terms of what is expected now. cpi will be the big report this week. com

janet yellen says u.s. a healthy competition. >>> two tankers changed course and heading to seattle as labor strikes at the west coast ports continue the move marking the first instance of the first rerouting of ships. >>> meta's threads topping the app stores mark zuckerberg boasting 30 million users so far just launched yesterday. >>> lvmh is considering a u.s. ipo for birkenstock. one that could fetch the value of $6 billion. >>> tesla offering new buyers in china a $400 cash bonus. >>> and rolling out an a.i. image generator for alibaba. shares of alibaba this morning up 2.5%. >>> turning to the trading day ahead and monthly jobs report expected to be the key driver for the markets on the back of the data yesterday showing the labor market is hot. that is raising concerns with investors that the fed could keep up the rate hiking campaign longer and keep up the pressure on the economy the uncertain economic outlook top of mind for amazon jassy. he spoke with jon fortt yesterday. >> i don't think we're ou

janet yellen is expect to arrive shortly in the chinese capital and she is the second high—level us cabinetto 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 national security

well, you know, janet yellen _ the politics? well, you know, janet yellen is _ the politics?itics? well, you know, janet yellen is an economist l janet yellen is an economist and i think that's one of the reasons that she is welcome quite warmly in china. she is a person who is respected in china as a very, very experienced professor of economics are knowledgeable about financial markets and trade issues. but there is no doubt there is a lot of politics involved in this as well and that politics underlies all of this. because of the deep suspicions between the us and china, with china thing the us in terms of containment, of trying to hold back china's developments and the us increasingly think china as a strategic rival any potential military rival over issues like taiwan. there is a distinct lack of trust on a political level and that is why dialogue is important, very important to try, not to resolve the issues, but to manage the issue so the two hugely important economies and military powers as well, do not go down the road to a trade war or even some sort of military con

yes, president janet spirit. vice president janis fierce. how do you vote?mmissioner sasha bittner. how do you vote? commissioner linda parker. pennington. how do you vote? yes under john. how do you vote? yes commissioner nelson lum. how do you vote? yes and commissioner barbara sklar. how do you vote? yes. thank you. we have unanimous vote. thank you. is there any other can i get you to move your my click? yeah, just make it. did you want to make a comment? yeah. please yeah. perfect. yeah, it's better. my apologies. um madam chair members of the commission. i'm jacqueline zimmer jones. i'm the director at next village, san francisco and we're serving the seniors in the northeast part of the city. um, i just wanted to thank you for your support, and i wanted to mention some changes that have happened since this contract. uh was initiated three years ago. i want you to be aware that we do have a formal office. now it's located at 704 filbert street, and it has increased the number of people that come to our office. we've increased our membership and our vol

treasury secretary janet yellen in beijing from 9:30 u.k. time.she make relations better before she leaves on sunday? you have had asian shares following wall street lower with hang seng leading declines. it is day two of the opec meeting. oil flipped into the red, we will be getting more from vienna with manus cranny shortly. first, for more on how asian markets are faring, let's talk to bloomberg's yousef gamal el-din. asian equity selling off for a second day? yousef: this is partly to do with what we got from the fed minutes, and what that means for yields around the world. the other part is from the property woes coming through from sino ocean trip, a china property player, feeding into a selloff across other sectors as well. thanks getting hit hard. this is a breakdown of indexes. the msci asia-pacific is down 1.3%. the real pain being felt, hang seng index. this chart tells the story of sino ocean ytuan notes triggering a 30-minute trading halt after jumping 20%. the moves are seen as some of the declines and building on that from earlier t

janet yelling -- janet yellen heading to beijing to, a turbulent relationship. the bank of thailand may have leeway for a rate hike pause as inflation suffers. another big interview on the way, joined by the hdfc inc. chairman, after india's bank megamerger. haslinda: asia down for a second day, standing its losses, at session lows at this point in time. that is in the back of the fed minutes suggesting there was no consensus, fed members were divided when it came to the pause which we saw last month. just perhaps the rate hike is more than just coming. think about where we are in terms of how the benchmarks are trading, it is read across the board. losses for the asia side. the nikkei 225 consolidating further, one of the best performers your today. in the fx estate, putting pressure on some of the currencies, the aussie up by .2%. the you want stable, it was a strong fix today. 650 pips higher, the fourth 300 fix for the pboc, quite close to drawing the line in the sand. and in the bond market, yields surging in line with what we saw overnight in treasuries. 1

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the us treasury secretary, janet jaelyn, has a wrapped up a full day visit to china. she says the objective was to deepen ties and reduce the risk of misunderstanding yellen, the chinese premier and other officials describing the discussions as direct and productive chinese state media says asians leave this express concern with us economic sanctions and restrictions. the visit follows one by us secretary of state and to the blanket in may. this of intended to improve relations between the says pals. the us in china have significant disagreements. those disagreements need to be communicated clearly and directly, but present in spite. and then i do not see the relationship between the us in china, through the frame of creek power conflict. we believe that the world is big enough for both of our countries to thrive. both nations have an obligation to responsibly manage this relationship to find a way to live together and share with global prosperity. that's bringing out china corresponding katrina here. she's joining us live from badging. no shortage of differences betw

i was glad janet yellen was there.heir economy -- you know, they're a rising power but their economy is in real trouble now, much worse than -- we have demographic problems with an aging population that weakens them also so they need to do trade with us but i thought janet yellen was good in that she talked from the perspective of american businesses that feel that they're treated unfairly, that essentially they're cheated by the chinese and until that stops things are not going to get better so this is a -- in my opinion, with the chinese we have to use a carrot occasionally but the stick always has to be handy. maria: all right. senator, good to see you. thanks very much. joe lieberman. >> you too. have a good day. maria: quick break and then portland paves the way to keep drug users on drugs with a new handout program. wait until you see what's making a buzz this morning. you're watching "mornings with maria" live on fox business. we never just see the numbers. we see what it looks like to support the next generatio

key takeaways from janet yellen's briefing yesterday. >> just to put into perspective, janet yellen inndia for the third time in nine months bringing another message of hope on the back of a trip to beijing just last week saying relations are on a sure footing and she is looking to de-escalate tensions between the two sides even further. she cited debt restructuring. china is key to this. it has been reluctant. lenders are looking for preferential treatment. not wanting cuts and that is prompting other lenders to want the same. this is an area the two sides can work better together but there has been pushed back from janet yellen saying when you talk about de-escalation, it does not include areas like the tariffs imposed on chinese goods. that will take time. both times still weary when it comes to trade. there's been a lot of pushback. we heard from chinese officials saying it is fragmenting the world. janet yellen did respond. she said we are not looking to decouple. what we are looking to do is enhance. to make supply chains better, more resilient. we are looking for alternatives li

treasury secretary janet yellen continuing her trip in china today with a message that the goal is notouple but rather diversify the world's two largest economies. she did call out punitive actions taken by china against u.s. firms in recent months and stressed the importance of multilateral action. >> our economic relationship with china must work for american businesses and american workers. i will always champion your interests and work to make sure there is a level playing field this includes coordinating with our allies to respond to china's unfair economic practices. >> so let's look at what's next for u.s./china relations with my guests guys, both of you, thank you for joining me roman, let's start with you. we saw this moment from janet yellen earlier today, or at least it appeared on our screen this side of the ocean earlier today, which she sort of criticized the chinese for putting pressure on american companies operating in china this is a relationship that needs a lot of work. this is a high-stress diplomatic mission. was that the right call to come out of the gate with a

maria: and yet janet janet yellen just went to china and bowed to communist party officials a couples after antony blinken pretty much did the same. what are you going to do to stop this aggression from communist china in your first week in office then? give us specifics that you want to change with regard to the relationship with china. will you reverse the most favored nation trade status on china? what else can be done? >> so i favor doing that. i think we probably need congress, but i would take executive action as appropriate to be able to move us in that direction. two, i would recognize that china's a threat. this idea of the happy talk that i do you hear from yellen, oh, we're just, you know, it's a healthy competition. no, they're the number one geopolitical threat this country faces. and what we're going to do is we're going to have a new commitment to hard power in the indo-pacific. at the end of the day, what china respects is strength. and if you're showing strength and we have hard power to back it up, they're going to be much less aggressive. and my fear is under biden

thanks for having me. >> what are your expectations for janet yellen's trip? she wants to have a more open line of communication, we know going to mention climate change, of course, she what is do you think is going to happen on this four-day trip. >> well, are we will see, i mean just when s she got there, you know -- the china announced these knew restrictions, so, they definitely don't see this, as you know, a great opportunity to strengthen relationships in front of the whole world but at least, they are talking. and this recent -- i think to look forward this week will be -- will be you know, open communication, i know, cooperation, strengthen in cooperation at least risk sealing down, talking better than not talking. that said this is economics, part china refuses high level dialogue this recent move by china saying no to particular metals saying to u.s. if we can't get the advanced chips we want, then you know, we're not going to let you or your suppliers, get the particular inputs to make chips going to become -- >>. >>, it is retaliation, to question

jackie: treasury secretary janet yellen i on the heels of anthony blinken last month.for economic fairness and not a winner take all situation with china as a competitor, the trip coming after beijing restricted exports of two crucial minerals to the united states used to produce semi conductor chips, there are reports that john kerry will also visit china next week to address climate change, joining me now retired army lieutenant general keith kellogg. it is great to see you. china denied the u.s. request for military to military communication when secretary of state lincoln was there a couple weeks ago. who benefits more from these trips u.s. or china? >> thank you for having me. when we look what happened was secretary bloodgood when he went to china and when we look secretary of defense lloyd lloyd austin went to singapore and was totally snubbed by their secretary defensively and then you see jane janet yellen it's a little bit late in the game for trade policies with china, you're sending treasury to the secretary. i'm wondering if the u.s. trade representative t