A near three year high against the us dollar equities are also searching and now parliaments elected a. N. C. Party leader Cyril Ramaphosa as president. South africas economy took a beating under x. President jacob zuma its full mental recession the countrys bonds are rated junk and its political elite is no longer trusted. Due to political mismanagement its second largest city cape town is running actual water fast growth has declined steadily for more than three percent seven years ago to less than two percent in recent years one of the weakest rates of all of subsaharan africa. The countrys hope is resting on the newly elected president still ram opposes a former union leader whos become a wealthy businessman since he was appointed head of the Ruling African National congress in december the countrys currency has surged by ten percent against the dollar. Conference. Thats a good sign that investors are banking on a change in fact africas fortune. Frances Unemployment Rate dropped below nine percent for the First Time Since two thousand and nine i add in weight to efforts by president to manually mcchord to neighbor allies a rigid and even market now the rate fell to eight point nine percent in the Fourth Quarter of last year down from nine point six percent in the previous three months and that is the steepest drop since the two thousand and eight financial crisis the latest fall points to a major shift away from average and employment levels of ten percent or more over recent years the figures can be seen as opposed to president Manuel Mccall whose first move as president was to allow firms increased flexibility to hire and fire staff so the government remains cautious. I believe that the results notably those regarding employment. Will need two years before we can say how these policies will bear fruit. This morning new unemployment figures were announced and i want to say once again i will not comment. Mainstreet is more upbeat though with the French Economy now creating jobs at its fastest pace since two thousand and seven for me has just returned from australia its encouraging and pleasant to come back to a country where unemployment is falling. Today with all the networks with everything there is you search for a job online and you find hundreds of places offering things. However twenty percent of young people are still reported as out of work in france a low that rate is also sharply down. Well heres something to get us president Donald Trumps back our exports to the United States jump shot the last year at the same time the block imported only marginally more from the u. S. European Statistics Agency eurostar says they used trade surplus with the United States rose a whopping seven percent to one hundred twenty one billion years donald trump has repeatedly criticized europes high trade surplus with his country and in january he even accused the u. S. Of using quote unfair practices saying you import tariffs in many sectors are higher than their u. S. Counterparts. All right well are time to check in with wall street now also sharansky is standing by for us in new york sophie is that trade imbalance a real concern on the markets. Well trade policy is one of trans favorite topics and it has been since us campaign in two thousand and sixteen because theres such a perfect fit to slam some other countries and make america a victim of unfair trade policies who has to react with terrorists and some more american first talk and let me tell you one thing i love how wall street hates tariffs and protectionism as they are mostly being perceived as a big problem for to Domestic Companies and for the American Economy in form of higher expenses for Companies Leading to potential job losses and so forth but the markets right now are not showing that fear they have been recovering as more and more investors are getting back into the markets because falling stock prices are always a buying opportunity and you can literally hear sighs of relief here on the floor the last ten days have been quite messy but now the vix is a full fear in the markets and were looking at strong earnings season so the markets are really concerned with this particular trade gap or it will go investors getting back into the markets they have buying at the moment what is the sense then move all eternity to come or was this just a one off. Well i think the main concern all risk is inflation right now and the Monetary Policy of the fed as a reaction to rising prices and Interest Rates are going to write they have to the question for investors is just going to be how much and how quickly and if inflation keeps staying hot then Jerome Powell could speed that process up and inflation could get a further boost from a tightening labor markets increased Government Spending and this might force the fed to be more aggressive aggressive in raising Interest Rates tracking it for us from new york is also if he should get to talk to so if you thanks. Well hyperinflation has hit venezuela cashes in increasingly short supply which is bad news for everyone but a few Tech Companies that have been able to carve out a nice shot at the crisis. This is the kind of scene you can expect if youre hoping to access cash in venezuela soaring prices have led to shortages in paper money and long lines at a. T. M. But the countrys hyper inflation has produced some surprise winners in the Business World small Tech Companies offering shoppers mobile payments one of them is very cold its founder says venezuelas economic crisis has sped up what was already a burgeoning trend all. The real we saw in twenty ten and twenty eleven that Electronic Payments were going to be a trend globally. What has happened is that has accelerated in some countries for various reasons so perhaps our economy will become cashless before that of denmark which put more effort into a minute in the market. Last year the company saw a thirty fold increase in customers those availing of the service say its made shopping easier. To make that so i would like to admit that i think that for me personally its very practical to pay with the poll because it enables transactions all the way that the only thing missing is more information about how to manage the art and its technology. Thats you know of that whatever that thing youre looking at the money going. Out developers in venezuela usually dont need too much starting capital salary expectations among coders are low and electricity and data costs next to nothing still the boom in mobile payment ups is a result of the bust in nearly every other sector of the economy. All these are not good days to be a pig in china or the burgeoning middle class that wants more specially pork and now more of pigs increasing from four hundred to seven hundred million in the space of just a decade the solution factory style farms. Its not exactly hog heaven but this is how a pigs life looks in china a small cage in a metal stall with computer controlled feeding using highly enriched soybeans by the end of the year ten thousand sows will live here and there piglets will be turned into twenty thousand tonnes of pork its just one of several mass farms in southwestern china being built this year. Large scale farming means profits can only go up and margins will be bigger because we have reduced costs and resources. Not only the stalls are designed for efficiency so is the breeding in the laboratory next door technicians are working on imported semen to boost productivity for two years now china has spent ten billion dollars on expanding its mass production based on the american model you like to lose heart pigs have always been reared on what we call a pig farm but in fact a modern pig farm is more like a pig factory pig factory until now its been the traditional farms that have predominated more than half of meat comes from small farms like this one farmer she hung way has thirty eight sows hes already switched to soya feed to make them grow faster but thats not enough he has neither the money nor the land to dispose of pig manure in an environmentally friendly manner and thats why the government is closing down thousands of small farms like his. Are prospecting for Small Farmers its tough to say. Carry on for another two to three or three to four years and then decide to quit myself i just dont know if. Its also a change for chinese consumers theyre often skeptical about mass farming. Although i do take the animals well being into consideration but we have no way of knowing how the pigs are raised most of chinas pork now comes from mass production and thats brought stable prices but the meat cannot show how the pig lived. Thats what youre up to date with the latest wrong the wild all this more find us on facebook and you can follow us on twitter as well on the School Business and on the c humphrey is my handle on all the fact tomorrow same time. Right now heres a look at the wild monkeys. To. Learn german with. Any time any place. Whether with jo jo and her friends. Colleagues discuss it in the limits of expenses in search of juggalos a war with britain all over the world. Online and interactive. German to go. 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