Of the pricing of Country Garden debt but notjust for the company but for the sector in general and could create another round of market turbulence. Which we have seen in the past few months already. I would say that the key thing here is chinas real estate problem is in the crux of many other problems china is currently facing. Speaking of china, us commerce secretary Gina Raimondo has warned china in interviews on us tv over the weekend that the patience of American Business is wearing thin. The secretary, who was in china last week, said us companies deserve a predictable environment and a level playing field. She commented on chinas economic slowdown, saying the worlds second biggest economy did better when it was more transparent and market oriented. Us retailer walmart has increased its stake in its indian flip card by putting in an additional 3. 5 billion us dollars into the company. Can you just talk us through the details of this latest development . Details of this latest dev
powell. south korea central bank reviews its interest rates which are currently 3.5% but analysts suggest it could be one of the first central banks and a two cut interest rates. at the end of the week we will get figures for the month of august injapan. this comes after the bank ofjapan s august injapan. this comes after the bank of japan s week two policy injuly after the bank of japan s week two policy in july allowed interest rates to rise more freely but narrowly in response to higher prices. meanwhile, south korea has released its latest trade data for the first 20 days of august and the country s imports are falling almost 28% while its exports also felt by 16.5% on the same time a year earlier. this brought its trade balance to just over 3.5 billion us dollars. now to australia, where spain has beaten england, winning the women s world cup. after every men s world cup, there is usually a familiar dance of a bonanza as clubs
i m meteorologist derek van dam is back to talk to us. they can run 35 miles per hour with debris rolling down the side of a hill. they pick up rocks and they pick up trees and they pretty much demolish i go in its path. obviously going that fast with that type of weight behind, it scary stuff, something you do not want to encounter. unfortunately, pretty much all countries across the world are susceptible to landslides or mudslides in some form. here in the united states we have on average about 3.5 billion u.s. dollars of damage thanks to landslides per year. basically, heavy rainfall soaking the sides of the topography the mountains, the terrain. eventually gravity wins the slope fails, and, well ultimately takes it down a big torrent of mud and rock. not something you want to see. in india this is the time of year where we start to see the frequency of landslides and mudslides increasing. that is thanks to the monsoonal rains that have settled there. particularly at the moment we