Manipulation as well as some provisions to protect intellectual property theft a partial deal would also include President Trump holding back on the imposing the plan december 15th tariffs but now negotiators are working on rolling back some existing duties when asked if china would remove these tariffs Chinese Ministry spokesperson going strong said the 2 sides are making progress. Its not a correct way to resolve the trade issue by slapping tariffs nor does escalating tension and confrontation serve the interests of anyone involved to trade consolation between china and the us has made some progress and is moving forward we hope the 2 sides will meet each other halfway and find a solution on the basis of Mutual Respect equality and mutual benefit. This comes as the u. S. Trade deficit with Global Partners dropped by 4. 7 percent to 52500000000. 00 in september reaching 5 months low slightly above expectations which were at 52200000000 dollars on year over year the current trade defic
Over brexit. Australia, brazil and new zealand are asking for trade compensation from the uk and the eu over brexit disruption. Plus running rings around the competition. Well be taking a look at the essential sport item that managed to become an every day fashion must have. From your phone to a postbox, well find out why Old Fashioned postcards still seem to have a future in the digital age and why that could be good for our Mental Health. And a new Study Suggests those long meetings at work are more about therapy than solutions, so we want to know, do you think meetings are meaningless or play an important part of work life . Let us know, just use the hashtag bbcworklife. Hello and welcome to worklife. A warm welcome to our new business show, and we start today in sydney, where we could be seeing the dawn of a new era of ultra long haul commercial flights. I think we can cross straight to luuka jones, if he is still awake you have been awake Something Like i9 you have been awake Some
What, what have we got here, 8. Revenue up, ad sales up, profits up, and there are now 2. 45 billion active monthly users. It was a spectacular report. Stocks up. These two stocks are helping the market but a statement from china has put a damper on things. Beijing says its doubtful that a longterm trade deal can be reached. China concerned about the impulsive nature of President Trump. Where did they get that from . The dow industrials down about 50 at the opening bell. S p down six, a fractional loss for the nasdaq. Then theres politics. Namely, the vote in the house this morning, starting the impeachment process. This has consumed the congress. It has not consumed the market. It seems to be ignoring d. C. Entirely. We will follow it and pay special attention to votes of moderate democrats from trum trumpleaning districts. Will they approve removing the president from office because of a phone call to ukraine . Cant wait to see. Stay right there. Varney company is about to begin. The
Tension and confrontation serve the interests of anyone involved to trade consolation between china and the us has made some progress and is moving forward we hope the 2 sides will meet each other half way and find a solution on the basis of Mutual Respect equality and mutual benefit. This comes as the u. S. Trade deficit with Global Partners dropped by 4. 7 percent to 52500000000. 00 in september reaching a 5 month low slightly above expectations which were at 52200000000 dollars on year over year the current trade deficit is still 5. 4 percent higher than the same period last year exports declined 1800000000. 00 to 206000000000. 00 while imports also dropped 4 point 4000000000. 00 to 258400000000. 00 the us recorded its 1st oil star plus since 1978 of 252000000. 00 while imports on consumer goods fell 2 point 5000000000. 00 as cell phones and other Household Goods dropped by 800000000. 00 meanwhile at the opening of the 2nd China International import expo president xi jinping promise
A hand from San Francisco today to break down the latest security threats the latest developments in Artificial Intelligence and what it means for consumers and later big oil has been slowing steadily since its meteoric rise to 20000 but recent reports show manipulation may have played a role in this spike cryptocurrency analyst ben swan is back on the program today to guide us through the crypto paper and what it means for the future of the internet we have a jam packed show today so lets jump right into the headlines. As the worlds 2 largest economies no hope for a phase one trade deal the u. S. And china are looking at rolling back some tariffs people familiar with the talks say if theres a deal removing tariffs will be part of it the phase one deal would include the increase of chinas purchase of American Farm goods rules to deter currency manipulation as well as some provisions to protect intellectual property theft a partial deal would also include. President Trump Holding back o