Minutes, we are joined by hsbc advisor stephen king. Francine first, chinas yuan has triggered the biggest twobase hit law since 1998, fueling concerns that market volatility will slow growth. Manus the peoples bank of china lover the reference right today, just one day after cutting it by a record 1. 9 . Lets find out how the markets are reacting. Dollaryuan. D you im going to show you the flipside today, yuandollar. Effect,u get the down which is more important. The yuan sinking for a second day. The twoday drop, 3. 61 . That is the biggest twothey drop since 1994. Ripple effects are being felt across global markets. Chinas Central Bank Says there is no economic or financial basis for the Exchange Rate to fall continuously. Ill let mr. King decide whether that is the case. A Ripple Effect is being felt in bond, commodity, and stock markets. Look at the msci emerging market index. I showed you a oneyear chart. Was ther, september 3 peak for the period. From then, through to yesterday,
The Iran Nuclear Deal. Next months senate vote has been described as the most consequential Foreign Policy vote since the 2002 decision to invade iraq. Well speak to former National Security council staffer gary sick on what he calls the danger of a failed iran deal. Then leading islamic scholars release a broad declaration on Climate Change. Hashe prophet said, allah made the earth green and beautiful and he has appointed you as his stewards. Join with him around the world as we call on World Leaders to do more and to make firm commitments. Amy we will speak to bangladeshi scientist saleemul huq who helped draft the islamic declaration on Global Climate change. And then to the beat up squad. A group of Prison Guards in new york are accused of brutally killing an inmate and then trying to cover up his death. We will speak with reporter Michael Schwirtz about the attack at fishkill as well as what happened after judah prisoners escaped from another new york jail, the Clinton Correctiona
A little bit after backup as well. If youre heading out in the next few minimum i still recommend b. A. R. T. You can use surface streets as well. Taylor boulevard is not a bad possibility. A look at drive times. The girlfriend of the kill certificate back in the u. S. And now is talking with the fbi. Marilou danley arrived at l. A. X. Police are calling her a person of interest. Theyre hoping she can give them some insight on paddocks motive, showing the confusion and panic as officers tried to figure out where it was coming from. He shot from mandalay bay for 11 minutes. This morning were also learning more about the victims with bay area ties. Michelle vo is a san jose native. Denise cohen grew up in san ram ramon. Stacee etchebers husband was a San Francisco police officer. Friends, relatives, honored stacee in novato. Tiffany wilson has the story. Reporter officers Vinnie Etcheber and his two children were at the vigil last night. They did not speak but their grief was evident. Hu
And without a hangover the woman behind it, you may recognise, the former actress cleo rocos. We want to know how much do you rely on Online Reviews . Its after a row between a us mattress maker and a site that reviews them. Let us know whether you Pay Attention to other peoples reviews and do you leave your own . Just use the hashtag bbcbizlive. Hello and welcome to business live. If you are leaving reviews about the programme, i just hope if you are leaving reviews about the programme, ijust hope theyre kind, 0k china is the worlds second biggest economy and whilst its still some way behind the United States what happens there matters to all of us. Which is why the words of xi jinping at the opening of the communist Party Congress are being closely scrutinised. He has pledged to continue reforming china and its economy over the next five years by opening it up to foreigners and focusing on high quality rather than high speed Economic Growth. In the first half of this year the economy
Of Amazon Studios, roy price, resigns over allegations of sexual harassment. Well find out later how much wages are going up, but with prices now rising at their fastest rate in five years it means were all likely to feel a bit worse off. In sport, the biggest away win for an english club in Champions League history. 7 0 for liverpool. Manchester city win too, while spurs draw with reigning champions real madrid. Andy carroll has the weather. Good morning. Rain today across south Eastern England. For the rest of us, quite a bit of cloud around, but equally there will be sunny spells as well. I will have more in 15 minutes. Good morning. First, our main story. The nhs is failing to meet Key Performance targets in hospitals across the uk according to a major analysis of data by the bbc. The research looked at how often Health Organisations achieved targets for Cancer Treatment, accident and emergency, and planned operations. It found that nationally england, wales and Northern Ireland ha