widening probe. the mumbai. tell us more about this widening probe. widening probe. the issues can turn delicate widening probe. the issues can turn delicate concerned - widening probe. the issues can turn delicate concerned the - turn delicate concerned the payment division of the company which can keep deposits of up to $2400 but cannot lend to its customers and there at the central bank has cited persistent noncompliance and supervisory concerns. paytm has beenin supervisory concerns. paytm has been in regulatory cross hairs. there have been multiple warnings sent by the regulator to look into the dealings between the banking division as well as the popular payments app well as the popular payments app paytm. latest reports say theissues app paytm. latest reports say the issues include multiple transaction beyond regulatory limits, improper customer verification and even raising money laundering consent and violation of forex reels. experts say the harsh action could in
the us is a little bit further along than us, and rba, our central bank, generally is a lot more conservative and always looks to the us for guidance. what are the key factors driving the current interest rate movements in australia and how do they impact the economic outlook for the year? the economic outlook at this point is looking at a real gdp growth about 2% with inflation sitting at about mid single digit level. with the rate currently most economists expect no rise today and potentially three cuts by the end of this calendar year. our inflation rate, the last report was actually a lot better or undershot our central bank s forecast and hopefully that will be on its way down in the next few prints. how resilient is the australian economy then expected to be? you sound very optimistic about it. what are the key areas of strength but also areas perhaps of vulnerability? the australian economy s holding out well because consumers are still doing quite well, and with the r
toyota. it is sounding bullish and has raised its annual net profit forecast reporting strong sales in all regions. the global shortage of semiconductors has eased and the car giant says it s on course for a record net profit this financial year of $30 billion. many car makers struggled because of a global chip shortage caused by increased demand and disrupted supply chains during the covid pandemic. toyota has also faced a safety test certification scandal at one of its major subsidiaries, daihatsu, which has led to production shutdowns at several factories. joining me now is anna marie baisden head of autos & infrastructure at fitch solutions. good to see you. when you look at the facts, the numbers and projections, it is looking very strong, but you read between the lines. tell us what we need to know. i the lines. tell us what we need to know. ~ ., , , ., the lines. tell us what we need to know. ~ . , , ., to know. i think, as you said, it is very to know. i think, a
white house press briefing since secret service agents found cocaine stashed in the west wing. reporters have a lot of questions. bill: gillian, hello. our white house team confirming that agents found the drug in a bag in a personal cubby area used by staffers and guests into the west wing. a secondary drug test confirmed it was in fact cocaine. the first family was at camp david when agents found it in a routine sweep. gillian: and begin there for hour two. bill: bill hemmer. john roberts and sandra have the day off. cocaine is a drug, along with oxycontin and fentanyl, begin all new at 2:00 right now. gillian: a federal judge in louisiana says likely the biden administration censored free speech, and blocking officials from contacting social media companies about content. a lawsuit brought forward by louisiana and missouri, accusing government officials going too far and pressure ling them to censor posts during the pandemic. overreach in doing so and influence ove
long. morning joe starts right now. are you ready? food for everyone. food for everyone. okay, that s great. he paid everybody. food for everybody. what a guy. he was arrested. what a guy. and released. he kept everybody s spirits up. by buying lunch for them. food for everybody. local cuban restaurant in miami. willie, that is so kind of him. maybe he has been misjudged after all. willie, what do you think? i think mika called this in real time and every day since, but i ll let you reveal the story. well, the miami new times revealed nobody ordered anything during his ten-minute stop, and trump didn t pay for anything. i don t think there was an offer to do so. yeah. willie, nobody ordered nothing. nobody paid for nothing. there was no paying. i know this is going to shock you, coming from donald trump, it was all a scam. good morning. welcome to morning joe. it s friday, june 16th. along with willie, joe, and me, we have former aide t