Of the pricing of Country Garden debt but notjust for the company but for the sector in general and could create another round of market turbulence. Which we have seen in the past few months already. I would say that the key thing here is chinas real estate problem is in the crux of many other problems china is currently facing. Speaking of china, us commerce secretary Gina Raimondo has warned china in interviews on us tv over the weekend that the patience of American Business is wearing thin. The secretary, who was in china last week, said us companies deserve a predictable environment and a level playing field. She commented on chinas economic slowdown, saying the worlds second biggest economy did better when it was more transparent and market oriented. Us retailer walmart has increased its stake in its indian flip card by putting in an additional 3. 5 billion us dollars into the company. Can you just talk us through the details of this latest development . Details of this latest dev
Picked up at the breakdown, more downbeat picture. So the acceleration really driven by net exports. It tends to a bigger decline it relative to exports. We look at domestically indicates this, private consumption, government spending, investment, all of this indicates it actually to curated so that sick new rules weakening. Signals weakening. Is the slowdown on china likely to reflect on the numbers here . If you look at exports thats contracted in the fact that china accounts for 20 of korean exports that suddenly imposing a track on the overall Export Sector. If you look at Customs Trade Data today, total korean export revenues have only about 12 year to year. But if you isolate exports to china, that has fallen by 25 . So that is the key driver of the Export Sector will be missed. In the months ahead, what are some of the key sets of data that you will be looking out for . We will be watching the High Frequency data so far but we have seen for quarter three so far still suggests it
Device and they have also experienced side effects like headaches and feeling sick sometimes, rashes and horrible etching that really affected their daily life. Lawyers for the women in this group in the uk state the implant is caused terrible pain and suffering. Most eventually had to get hysterectomies to get the implant removed and some experience pain for years. The German Company behind the device as it stands by its safety. It will vigorously defend itself in the uk courts, it says, and it is also carried out many trials and a lot of independent research before the device was approved, but it is facing legal action in many different countries. Thank you. We do have more on that story on the bbc news website. We do have more on that story on the bbc news website. The schools minister nick gibb has defended the government after criticism of its approach to carrying out Essential Maintenance on School Buildings in england. More than 100 schools will remain fully or partially closed
Room with western leaders talking about that. And today at a press Conference Ahead of those discussions between president erdogan and putin, the two of them in front of the cameras laughing and smiling before they sat down to sort of lay out the agenda for the day. So certainly president erdogan will be hoping he can come to some sort of an agreement, some sort of breakthrough, some sort of way to get russia back on board with renewing this grain deal because as we have seen, it has been crucial to the Global Community to getting food where it needs to go, for providing security for farmers across ukraine, that there are buyers out there that can get the crops they need. That their Storage Facilities have room for the new crop coming in, it is how the season now, so a lot of questions about what will happen. The two sides seem fairly optimistic, the turkish side seems optimistic, the turkish side seems optimistic they can come home for a with the deal. Global Food Security is one the
by domestic heavyweight tsmc. however, slower demand and trade restrictions on chip making technology have put businesses under pressure. those restrictions only apply to high end chips currently. for more on the industry i spoke to stacy rasgon, a senior semiconductor analyst. these export controls were fairly targeted. the only things that were actually impacted were high end artificial intelligence chips, chips for supercomputers and equipment that was capable of manufacturing high end logic and memory. in terms of actual revenue impact, the only ones that really saw, was the equipment vendors. the reason is from the high end chips, it was nvidia exposed, they were able to backfill with other products that came in below the control thresholds that were legal to sell in china. the chinese customers bought lot of those in backfill and did not see any revenue hit. the equipment vendors did see a hit. again limited in their abilities to sell tools for advanced logic and advanc