We start here in the uk, where figures out earlier show the uk economy grew by 0. 2 between april and june following a rebound from an extra bank holiday for the kings coronation. Growth injune alone was stronger than expected at 0. 5 . High inflation remains a problem. The Bank Of England has raised the cost of borrowing 1a times since the end of 2021 to try and rein in soaring prices. So where is the Economy Heading . Were nowjoined by victoria scholar, who is the head of investment at interactive investor. Lovely for tojoin us lovely for to join us here on the programme. Not. 2 . Essentially, thatis programme. Not. 2 . Essentially, that is stagnation, isnt it . Actually, these figures are a bit better than analysts were expecting, both in the Second Quarter and in june we saw particular strength in the construction. Injune we saw a bounce back in manufacturing, publishing, so things like books and magazines also fare pretty well, and car sales have been benefiting from the fact the global Chip Shortage has been easing away. Also the hot weather has helped drive people back to restaurants and pubs and bars, so there are reasons to be slightly more optimistic today. There are reasons to be slightly more optimistic today. Clearly, the actions that more optimistic today. Clearly, the actions that are more optimistic today. Clearly, the actions that are being more optimistic today. Clearly, the actions that are being taken more optimistic today. Clearly, the actions that are being taken are. Actions that are being taken are starting to have effect, said the government. We are hearing a lot about the Bank Of England hikes not really working through. Could the government be doing more, what is the feeling from business . Trying to sto the feeling from business . Trying to Step Inflation the feeling from business . Trying to stop inflation and the feeling from business . Trying to stop inflation and trying the feeling from business . Trying to stop inflation and trying to the feeling from business . Trying to stop inflation and trying to have stop inflation and trying to have strong growth are often two goals to conflict with each other. Getting Interest Rates up is about trying to slow down the economy. The government need to focus on bringing inflation back down under control, towards a more manageable level. It is more than four times higher than where it needs to be. From that springboard we can really focus on growth again. To asia now and one of chinas biggest property developers, Country Garden group, has warned it faces losses of up to 7. 6 billion for the first half of this year. Its the latest sign of the Serious Problems facing the worlds number two economy. Katie silver is in singapore and is following the story. I asked her if this is part of a far wider problem in chinas real estate market. The people who have been watching the programme for a number of years, this may well feel like deja vu. If, though, Country Garden collapses, there are fears that this could dwarf the failures that we saw over evergrande back in 2021. Indeed, there are fears that this may indeed occur. It is a company that is helmed by chinas Richest Woman and we have heard, for example, moodys just in the last 2a hours downgrading its rating on the company on the back of this news. We hear they are going to be implementing a task force, looking at how they can turn things around. And similar, again, to evergrande, were hearing that bondholders are not receiving their Coupon Payments and that they are going to have 30 days extension in order to pay them. But again, it goes back to this problem and this crisis we have been covering for years now on the programme about chinas Property Sector. Hugely indebted and the fact is that chinas Property Sector has typically been a big driver of economic growth. It makes up about a quarter of the economy and, indeed, has been a symbol of chinas economic development, as well as a real part of the chinese dream, owning ones own property. But yes, as you mentioned, it comes as the latest indication of this struggle that this worlds second largest economy is facing. Earlier this week we talked about the huge trade issues that china is facing, exports and imports down, double digit drops. We have also talked about the fact that china is now facing deflation and a huge issue as well when it comes to youth unemployment, so there are questions now about how they can turn this all around. More than a billion women worldwide are going through the menopause and the Global Industry for menopause products such as Dietary Supplements is booming. It was worth more than 100 billon a year. But one leading doctor in the field has questioned whether they do any good. Dr Louise Newson has been speaking to Aaron Heslehurst for this weeks talking Business Weekly programme. She told him its just awful how much money is being spent by women who are just desperate to feel better. I really worry about it. So, i mean, i dont work with any of these companies at all and i dont do any paid work with pharma, just for complete transparency. I read somewhere the other day that it is 120 billion a year is spent on menopause related products, but, you know, if i was a sassy businessperson thinking, well, it is 1. 2 billion women worldwide are menopausal. How are we going to get them to buy some supplements orface cream or shampoo . And actually when i was struggling and was unable to receive treatment from the nhs, i would have spent a lot of money on anything to help me because it would have been cheaper than a divorce, if it meant that i could keep my job and my income. You know, people are very desperate to feel better. The advertising on some of these products is great. They also try and push people away from hrt and it really worries me because there is no evidence, certainly, that a lot of the supplements will really make a difference, they are not going to improve future health as well and the money that is being spent on this isjust awful, actually. Theres lots more on menopause and the workplace this weekend on talking Business Weekly with Aaron Heslehurst here on bbc news. To football now because the English Premier League season kicks off later at 8. 00pm uk time, as burnley take on manchester city. The Premier League is by far europes richest currently worth around 18 billion in broadcast rights and earnings. The Transfer Saga over tottenham hotspur� s harry kane, who could be going to Bayern Munich for £95 million, is the latest example of the huge sums changing hands. Were nowjoined by craig erlam, whos a Senior Market analyst at 0anda. Lovely to have you with us here. The moneyjust keeps getting higher and higher and higher. Moneyjust keeps getting higher and higherand higher. He is moneyjust keeps getting higher and higher and higher. He is benefiting and he is losing . The higher and higher. He is benefiting and he is losing . And he is losing . The people benefiting and he is losing . The people benefiting are and he is losing . The people benefiting are probably and he is losing . The people benefiting are probably the l and he is losing . The people benefiting are probably the players and the agents, ultimately. They are the ones earning the enormous salaries now on offer. As you have just alluded to, harry kane going to Bayern Munich for close to 100 million will be one of multiple £100 million will be one of multiple £100 million transfers this summer. Another one potentially announced todayis another one potentially announced today is kai sado going to liverpool or chelsea. Declan rice to arsenal north of 100 million. 0nce or chelsea. Declan rice to arsenal north of 100 million. Once upon a time the idea of a transfer fee at that level seems unthinkable, but now it is increasingly common. There is more money in the game than ever before and the introduction of saudi arabia with the launch of their league and drawing talent to their league and drawing talent to their league has made thats even more. Foreign ownership is parts of the landscape in the european or british landscape. What about the saudi league . They are also opening up today. How much have they influenced what has happened and where we are going with football . The . What has happened and where we are going with football . Going with football . They have had a hue going with football . They have had a huge influence going with football . They have had a huge influence in going with football . They have had a huge influence in that going with football . They have had a huge influence in that they going with football . They have had a huge influence in that they have huge influence in that they have spent close to 500 million since the launch, injust a spent close to 500 million since the launch, in just a few months, which basically matches that of germany and italy and france, a little bit more than what we have seen from spain, for example. The Premier League still taught them by about three times. Saudi arabia is where the massive wages are being paid at this point. That is where footballers are going to treble or quadruple their income in the twilight of their careers. At this point in time to saudi money is more buffer in the Premier League and other clubs by buying their ageing players, but that could change and you can only see saudi arabia spending more over the next couple of years, rather than less, that will further inflate the market. You set it at the will further inflate the market. You set it at the beginning, it is all about the fans. Set it at the beginning, it is all about the fans. How sustainable is all of this . About the fans. How sustainable is all of this . It about the fans. How sustainable is all of this . It is about the fans. How sustainable is all of this . It is as about the fans. How sustainable is all of this . It is as sustainable about the fans. How sustainable is all of this . It is as sustainable as i all of this . It is as sustainable as there is money there. What we will see now is more Tv Rights Deal is, more money into the game. The game is still growing in some countries. We will see more growth in the middle east. We have seen Enormous Growth in the us over the course of the last decade or two. We are seeing us ownership of Premier League clubs. There will be an increasing interest again. More money will come into the game. There are so many avenues can have done. Clubs only have about 20 players in the first team squad, so a lot of that money is shared among the stars. I do think it will increase rather than decrease, although we are always being asked, how much bigger can i get . It always seems to get bigger. In other news, Chinese Telecom Company Huawei has reported its first pick up in sales since 2020, when it became the focus of us sanctions in a tit for tat economic spat between washington and beijing. The Telecom Titan reported a net profit of 46 billion yuan, or over 6 billion, in the First Six Months of the year. America said huaweis equipment could be used for Chinese State espionage, allegations the company denies. Here in the uk, motorists are paying more than ever to insure their vehicles, with the industry claiming inflation and a massive rise in Vehicle Repair Costs are to blame. An analysis of 28 million policies found the average premium in the three months to the end ofjune was £511. Thats 21 higher than this time last year. Thats it from me. Plenty more on the website. Turtles are turtles a re pa rt turtles are part of a really important ecosystem. They are on top of the triangle, along with the sharks. Doing their bit to support sea turtles in the caribbean. Hms don this is here turtles in the caribbean. Hms don this is here to turtles in the caribbean. Hms don this is here to support turtles in the caribbean. Hms don this is here to support a turtles in the caribbean. Hms don this is here to support a local this is here to support a local charity. Team wnt is netting the turtles. Team two is transporting the turtles from the water to the beach. Team three is conducting medical checks on the turtles. Hms dauntless is medical checks on the turtles. Hms dauntless is deployed to the region to counter Drug Smuggling and support british territories affected by hurricanes. But 50 sailors volunteered to help a Conservation Charity during a stop at the Dutch Caribbean island of curacao. The Ro Al Caribbean Island of curacao. The Royal Navy Caribbean island of curacao. The royal navy has caribbean island of curacao. Tue royal navy has a caribbean island of curacao. Tte royal navy has a Responsibility Caribbean Island of curacao. Tt2 royal navy has a responsibility to support environmental protection. 12 Million Tonnes of plastic pollution mixes went to the ocean every year. Sea turtle sometimes mistake plastic forfood, leading to injuries that can be fatal. More than 200 kilograms of plastic was clear from this nesting beach. The hope is that the exercise will raise awareness, encourage people to think about their behaviour, and inspire similar initiatives. Hello from the bbc sport centre. All the latest ahead of the new premier League Season to come, but we start at the womens world cup. Sweden are through to the semifinals after a dramatic win over the in form japan. It was a superb performance from sweden, who were 2 0 thanks to goals from Amanda Ilestedt and filippa angeldahl. Japan were awarded a controversial spot kick with around 15 minutes to go, but riko uekis hit the bar. Honoka hayashi pulled a goal back in the final moments, but they couldnt find that equaliser. One of the favourites out and sweden continue the magnificent run into the final four. They will meet spain on tuesday. They were the first to side to seal their place in the semifinals after a dramatic extra time winner over the netherlands. The scores were level after the 90 minutes following a stoppage time equaliser for the netherlands from stefanie van der gragt. Teenage winger Salma Paralluelo came off the bench to score in the 111th minute to become spains youngest scorer at a womens world cup to go through at the expense of the 2019 finallists
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