To European Markets opening up, and the close in asia saw significant gains in Hong Kong and japan. The picture there is across the world, that is last night but this is what we are drawing our attention to here, the Hang Seng up by almost 4 and then Ak Injapan up by 3 as well. For more, joining me now is rory green, chief China Economist at t5 lombard. How significant are the new measures . It isa it is a significant Step Up in stimulus from beijing. What we have had announced so far, and we have got clarity on the monetary Side And Today the Politburo Set for september gave us an indication, we do not yet know the size of a fiscal stimulus and that will be crucial to assess the acceleration of growth. As you touched on, until traders are loving these signs and china assets are ripping higher. Observers have been saying for quite some time that beijing needs to do something dramatic to stimulate its economy. Why has it waited so long or until this point to do so . It has it waited so
Thank you for getting up for us so early this morning. I want to pick up on that jobless data, the fact that the Jobs Market at the moment, about employers right now . Absolutely. So, that number coming lower is a relief. It shows employers are still hiring. You are still able to get a job. They have been statistics recently showing some people are saying is harder to find jobs. With the lower numbers, that is showing that there is some hope. It means the consumer, obviously, has some support. Getting the incoming supporting the economy. They are able to continue spending. It is great numbers. They are right in the Sweet Spot of we want to see. Right in the Sweet Spot. The economy is looking good. What does that mean for the federal Reserve And Rate cuts going forward . Iii Reserve And Rate cuts going forward . , forward . If the Gdp Numbers we saw came into forward . If the Gdp Numbers we saw came into hot forward . If the Gdp Numbers we saw came into hot or forward . If the Gdp Numbe
Thank you forjoining us. Why are they doing this . Thank you so much. First of all, all of the things about models was a big promise about the impact and scalability and universal approach. You can use purpose ai for different applications. Now, it is time to show the economic return. They need more control of their assets and Infrastructure And Data capacity in order to deal with the next round. It is 6. 5 billion. It is 150 Billion valuation. It is not easy to understand that technologies commoditised. The price of chatgpt is 3. 5. Now, it is 2 of the price it was in 2022 when this model was leading. There is much more competition including Language Models and smaller Language Models, and local solutions and companies. Does it raise questions about the ethical approach of 0penai . They always said that they wanted to avoid the mistakes that were made with the social media revolution. It is. Does becoming a for Profit Company jeopardise that . You becoming a forProfit Company jeopardi
There . What is being heard and said at the un is being there . What is being heard and said at the un is being very said at the un is being very different to what is being heard and seen in the Middle East right now. When we woke up this morning, there was talk of the Ceasefire Proposal that was being put forward yesterday, but as the day has gone on, we have heard that a strong response from Benjamin Netanyahu who said he hadnt even responded to the proposal yet but they would continue to fight full force. We have seen that on the ground here. We have seen more continuing israeli Air Strikes and in the south of lebanon. Also here in beirut. Another one of these pleasant strikes here in the Southern Suburbs of beirut, only a couple of kilometres away from where i am talking to you right now. I went down there in the aftermath of that to see what was happening. Its less than an hour since this Air Strike was reported in the Southern Suburbs of beirut. I want to show you, you can see th
Center for defense concepts, with me is the adjunct fellow at the Hudson Institute. We welcome the cochairs of the task force from the house. Congressman jim banks from indiana. Congressman moulton has been in 2014, a marine veteran. Also focus on defense in the past, serves on the budget, seapower and strategic forces. In the 2017, indianas third district, from the labor committees. He is a major reserve list, continues to serve even today. Thank you for being with us today. Honor to be here. I was afraid to mess that up. The task force, a yearlong study, what the United States is going forward, a strategic environment, a rise in china, that is a potential opportunity to improve the ability to protect us interests going forward. We both found a great job of capturing the strategic environment and opportunities available to us as a recommendation we thought did a great job addressing new concepts and new technologies and how the defense department. What do you find are the most importa