In the 90s and early 00s. Now this comes hot on the heels of disappointing china trade data on tuesday showing exports sank at their fastest rate since the pandemic. Global demand for chinese made goods is falling, down more 14 in the year tojuly. But domestic demand is down too with imports also falling by more than 12 in the same period. Earlier, i spoke to janet mui, whos the head of Market Analysis at rbc brewin dolphin, and she explained where the deflation was coming from. Deflation data, basically mostly coming from food prices and also commodities prices like raw materials, energy, etc. Actually, if you look at the underlying inflation, things like services, things like tourism, leisure, hotels, actually they are up. The Core Inflation is up from 0. 4 to 0. 8 , but obviously its still pretty muted. So overall, i think it is a concern that china prices are contracting and it could be lasting for a while as well. How likely do you think it is, though, that china is going to be
Resettlement scheme, where they have the right to live and work in the country and many were housed in what was intended to be a temporary basis in hotels and that was paid for partly through government funding. Vets that scheme is coming to an end and back in april they government wrote two people who were in that Emergency Accommodation telling them they had three months to leave. Now that deadline is coming around and we are hearing from local authorities who have had the task of finding accommodation for these people, that many of them are ending up people, that many of them are ending up homeless because there simply isnt suitable permanent accommodation for them to move into. And so that is why we have this morning from the local Government Association that many people are at risk of homelessness will stop indeed many are finding themselves homeless because of the situation and they are warning that it is causing many people significant distress and destruction and the situation
night in a stunning rebuke. it was a mess what happened here, but we re cleaning it up. the chasm between the two parties is wider than it s ever been. where does washington go now on issues millions of americans care about? plus, can donald trump be kept off the colorado s primary ballot for his role leading up to the january 6th attack on the capitol. that s the high-stakes question that will be argued before the supreme court tomorrow. what to expect in court and the critical implications for the decision. a defiant prime minister bibi netanyahu just moments ago telling the world israel will not stop until all of hamas is gone from gaza. those comments coming after a new hamas counterproposal for a cease fire and hostage deal, so what happens now? but we begin on capitol hill where chaos is winning in a battle over compromise. as soon as an hour from now, the senate will vote on whether to proceed with a $118 billion national security package including for the bo