Contraction for the australian economy. Worse than anticipated, but investors with a moment shrugging that off. Chinese markets under pressure. Quickly moving it along, having a look at what else is going on out there and doing that, of yvonne. With yvonne lets start with that aussie gdp number. The second consecutive quarter for the three months through june. And thee first first technical recession in 30 years for us trail you Australian Household spending well by 12 as lockdowns and restrictions shut out consumers. The aussie dollar against its u. S. Peers. Theres a new warning about the u. S. Economy with a fed governor ating there is uncertainty head. She told the Brookings Institution that america will be to depend on the fed and policymakers in d. C. As the economy continues to recover from the coronavirus pandemic. She says Monetary Policy must pivot from stabilization to accommodation. Treasury secretary seems to agree with the fed governor, saying the u. S. Economy urgently n
Considers setting up a Monitoring Mission in libya to keep an eye on any potential future cease fire. And we want to be the president is going to run why supporters of the gambia is former president want him to rule again despite his controversial cumin rights record. The us senate has launched formal proceedings for the impeachment trial of President Donald Trump House Democrats read the charges and congress which sets in motion the Legal Process the trial which donald trump has denounced as a condo by the democrats is going to start next week i did joe castro has more from capitol hill. The ceremony laden impeachment trial of President Donald Trump is now under way very very. All persons are commanded to keep silent on pain of imprisonment donald j. Trump has abused the powers of the presidency in that. Using the powers of his high Office President trump solicited the interference of a Foreign Government ukraine in the 2020 United States president ial election john roberts the chief
President thousands rallied told him for yet that john is returned from exile. The u. S. Military has admitted that some of its soldiers were injured by an iranian that stock in iraq earlier this month washington had initially denied anyone was hurt the missiles targeted the base north of baghdad they were launched in retaliation to the assassination of Iranian Military commander qassam so the money in a u. S. Drone strike the u. S. Says 11 soldiers have been treated for concussion in kuwait and germany gable in his numbers in washington d. C. He says the troops are expected to return to iraq after treatment. It does not appear to be serious injuries nevertheless this is what the pentagon is telling us they say that after the missile attacks on the base many of the Service Members were screened for concussions which they say is very common the blast from missiles can cause buildings to shake and rattle and and can cause potentially concussions in in people that are even outside of the
We begin in greece where the libyan warlord only for have to is due to hold talks with the Prime Minister and foreign minister its all part of the latest International Effort to end the conflict in libya athens has criticized this exclusion from a u. N. Backed peace conference on libya said to be held in berlin on sunday it says it should be included because tripoli signed a maritime and military deal with its regional rival turkey well on the ground in Libyas National Oil Corporation says its warehouses have been bombed several times during fighting it follows a recent attack on a fleet of trucks revenue from the company is a key source of income for the internationally recognized government in tripoli the violence threatens to disrupt the countrys supply of fuel. When the agreement ignores greeks the rights in parts of the mediterranean thought to be rich in natural gas giants are open it explains from. General have to visit to greece is a surprise move but very gratifying to the gre
And a show of support for gabby is ousted president thousands rally calling for the return from exile. And inspire the Major League Baseball manager whose quits before taking charge of the new york Mets Carlos Beltran pays the price for his role in the games sign stealing scandal. And were beginning greece where a libyan warlord aletha hafter is jews to hold talks with the Prime Minister and foreign minister its part of the latest International Effort to win the conflict in libya athens has criticized its exclusion from the un backed peace conference on libya said to be held in berlin on sunday it says it should be included because tripoli signed a maritime and military deal with its regional rival turkey. As those talks get underway Libyas National Oil Corporation says its facilities have come under attack warehouses where his fleet of trucks were destroyed the company is a key source of income for the internationally recognized government in tripoli which is trying to overthrow the v