Their currency to an all almost historic low its called currency manipulation yet is that beijings actions are a major violation which will great the weaken china over time is economic editor added early explains how the currency is drop could benefit china if donald trump imposes more terrorists next month. The chinese are weaponize in the Exchange Rate to manage this to help manage the economy so if these new sanctions come into play then the chinese economy will contract by not point 2 percent but additional not point 2 percent and that means that by lowering the currency by 10 percent they can mitigate this impact so thats their plan this is this is because they havent got enough trade goods which they ascend which they buy from the u. S. Which they can sanction anymore so this is this is what the left with the currency the chinese would argue this is not been a policeman what they allowed is the markets to take effect the markets analysts and economists think that chinas economy s
Constitution that gives significant autonomy to kashmir is at the heart of why the region joined india in 1947 it allows the Regional Government to make its own laws except in finance Defense Foreign Affairs and communications that means the rest and so the state live under different laws from the rest of the country in matters such as Property Ownership and citizenship now the Central Government plans to split up the region into 2 parts. And one and the uk which will be directly governed by new delhi the government has put parts of indian and ministered kashmir under security lockdown and has deployed tens of thousands of additional troops internet is blocked and phone lines are down. 3 prominent me politicians 2 fem former chief ministers are under house arrest revoking indian administered kashmir special status is expected to garner strong reaction this is a straightforward pandering to the hindu majority electorate in india b j p o the Hindu Nationalist Party came to power in the e
350000000. 00 but russias holdings of quadrupled over the last decade the jewelry industry uses about 2000 tonnes of gold every year worth around 85000000000. 00 but its people in india that have believed to hold the most gold estimated to be worth around 1. 00 trillion dollars so is that extra demand for gold or is this just investors seeking a safe haven to find out were joined via skype by gavin wendt gavin is the founding director and senior resource analyst at sydney based mine life good to have you with us gavin so whats behind golds recent rally well weve seen a number of fact is that conspire exactly the right time. Dr gold are there in some more recent fact is. I guess related to things in the last week for example related to u. S. Interest rate cuts. Trade issues uncertainty with respect to britain and iran an ongoing Economic Council. That we can actually trace goals i guess. Strong momentum. Back to probably the g f c back in 2000 and night the tremendous amount of spending
Articles and now they are trying to derail vocals articles this is an injustice to us. Are not going to tolerate we should just. Disputed kashmir is one of the most militarized areas in the world india and pakistan claim it as their own for now the region is on the edge as it prepares for whats to come Priyanka Gupta 0. Pakistans government is condemning the indian move and says its ready to exercise all possible options come on haidar has more from was a her in pakistan administered kashmir. White spread across pakistan raid protests taking place in major cities or what the. Indian moves or what their job and kashmir region the Pakistani Foreign office summoning the high commissioner of india to the Foreign Office and lodging a strong protest and complain about the indian moves now there are tensions which have been growing up over the past few weeks also because he fired by lation august on accused india of using cluster munitions the indians of course denying that but pakistan had b
Calls for comment on the India Pakistan border after new delhi revokes the special status for the disputed region. And puerto rico a senate calls awful voted to confirm the new governor as legal questions are raised or the his eligibility. Has been a new escalation and the u. S. China trade or washington is accusing beijing of manipulating its currency after it lower the value of the you are a stocks have dropped nearly 3 percent on wall street beijing says it will stop Chinese Companies from buying u. S. Farm products lets go to our correspondent alan fischer he is joining us live from the u. S. Capital and eventful day in the trade war allan ending with donald trump doing something hes been threatening for a long time. Exactly he said on the campaign trail the very 1st thing he would do on his far stay in office in the white house was the clear china come see manipulator well he tweeted a few hours ago that thats exactly what they were doing a lot in there come see to drop against th