crash hitting demand for goods and pushing down prices. joining me now is mark williams chief asia economist at capital economics. these figures will not make for welcome reading once again. just looking at the stats there, the biggest contraction since 2009. why? critics succes what is going on here is yellow let s start with. the weeks ahead is yellow let s start with. the weeks ahead of is yellow let s start with. tue: weeks ahead of chinese is yellow let s start with. tte: weeks ahead of chinese new is yellow let s start with. he weeks ahead of chinese new year, is yellow let s start with. me: weeks ahead of chinese new year, we often see quite big changes in prices in china. that s probably tucked down the date forjanuary a little bit but the big picture is that china has been in deflation for a while. that is pointing to widespread weakness in the economy. there is a lack of confidence there and it is notjust consumer prices that have been falling, we have also b
by about twice the global average. it s already increased by 2 degrees celsius. 20 years since the us led coalition invaded iraq to topple dictator saddam hussein, we look at the legacy. hello and welcome to bbc news. the world s financial markets have reacted with unease following last night s emergency takeover of the troubled swiss bank credit suisse. shares in credit suisse fell by more than 60% this morning after european markets opened and the value of banking shares across europe have dropped sharply. credit suisse was bought by fellow swiss bank ubs after a deal brokered by the swiss government. here s the chief executive of ubs explaining the rationale behind the deal. translation: it means we bring back stability and security for credit suisse clients, but also that we keep the reputation of the swiss financial centre high. and finally it means we are stemming the turmoil in the international financial markets. these three goals are very, very important to us. we
for failing to protect consumers and weak anti money laundering controls. the company, a subsidiary of the gibraltar based 888 holdings, was found by the uk s gambling commission to have allowed customers to bet big sums of money without proper checks. it says it s seriously considered suspending william hill s licence. let s get more now from dr carolyn downs, who s a gambling industry specialist at lancaster university. thanks forjoining us. can you explain a bit more about the troubles of william hill and why they were found guilty? this troubles of william hill and why they were found guilty?- troubles of william hill and why they were found guilty? this is the latest in a long they were found guilty? this is the latest in a long line they were found guilty? this is the latest in a long line of they were found guilty? this is the latest in a long line of quite - they were found guilty? this is the latest in a long line of quite large l latest in a long line of quite
this is bbc news. the headlines. fighting appears to be intensifying around the ukrainian city of lysychansk. an adviser to the defence ministry in kyiv said the situation there was very difficult, but the city was not yet under full russian control. one week after the us supreme court s decision to remove the constitutional right to an abortion rallies have been taking place around the world. protesters took to the streets in australia, france and the united states. greece has welcomed the first of more than 200 foreign firefighters to help contain summer wildfires. last year greece saw the worst wildfires in a decade amid severe heatwaves. passengers are facing more disruption as the travel industry struggles to recruit staff in time for the holidays. thousands of flights in the us have been cancelled as americans celebrate independence day weekend. let s get all the sport now with gavin. good morning to you. good morning! it s middle sunday at wimbledon with action o
Think the roofs. Whitfield and stephanie strong. Party in chat with musicians from around the world. Make grooves every week. Now these guys might try to look scary but honestly theyre so Nine Hundred Ninety todays criminals dont need massed stroll bars or guns to get their hands on your cash the requirements for brazen burglars nowadays include a computer a solid wife i connection and preferably some coding skills welcome to made where
our topic this week is cyber crime a first report takes us to the philippines where a ring of online fraudsters was busted last year and a massive operation the perpetrators exploited peoples hopes dreams and greed and sweet talk them into handing over shoot sums of cash. On june sixth twenty eighteen a Special Police Unit raided a call center near manila and detained almost five hundred people working there. The outfit was allegedly involved in a scam that cost unwitting people around the world hundreds of millions of dollars. Theyd all received a phon