Helping other women heal. Thats the cape town restaurant that holds the world record for having the widest variety of milkshake flavors will give you the scoop on how many they have. Hello, im christine wonder. Its good to have you company. If you, his Prime Minister made is rejection. Growing International Calls for dialogue and today the fighting in the northern to grind region. This as a 72 hour was surrender ultimatum. His government gave the t. P. O. If leadership expires, Communications Remain almost completely cut off to the to grad region, which is home to about 6000000 people. But we have a look inside of the tunnel, which bears cause off the fighting. Its not what a farming town should look like in the middle of harvest season. In ethiopia, region is largely deserted. And this is why heavy shelling hit the town. As the Ethiopian Army rule in forcing out fighters loyal to the to grab Peoples Liberation front. Most civilians fled during the clashes as their homes were peppered
For the ages. British law, i am beethovens 9th for the morning, starts to simmer down on w. On the rebound out countries around the world pinned their hopes on a coven of 19 vaccine talk is turning to recovery, kenya could be a poster child for economic resilience. The world bank is forecasting growth of 7 per status next year. Also coming up, its a company that symbolizes chinas growing technological mice, but concerns about spying have tarnished wild ways, international reputation. The logistics of storing, transporting on just tradition, a covert 19 vaccine. We introduced the companies the forefront of the operation. This is business on cape ferguson. Thanks for joining me. The pandemic has plunged much of the world into the biggest economic crisis since the Great Depression bus with a vaccine seemingly around the corner. The talk now is turning to recovery, and one country thats expected to bounce back fast is kenya. The world bank is expecting the countrys economy to contract by u
Small businesses. The airlines in dire situation. United and american saying they have to cut jobs, tens of thousands of them, as borders remain pretty much locked down. Yvonne you are seeing the president trying to do at least some damage control after he talked to negotiators to pull out of talks for a stimulus. Perhaps we are seeing some targeted measures. You have seen the market impact. The nasdaq and futures reversing the losses we were gaining. U. S. Futures are up. We will see if this bodes well for the rest of asia. If you look at the rest of the asia region, it looks like risk assets are looking less entire than the wall street session. We are seeing a bid for aussie against the japanese currency. When it comes to u. S. 10 year yield, we are holding steady, but the move up in yields on the announcement from trump. Stocks have been lower. Jakarta life coming back online. We are heading lower in jakarta. Hangseng up about 163 points. A touch higher for some markets. The rbi is
There hasnt been a downturn like that in nearly 60 years the Asian Development bank says a recession in asias developing economies this year will set back efforts to live hundreds of millions of people out of poverty and it could get worse if the pandemic drags on the bank says the key to recovery is avoiding lock downs after months and. Teacher ing on the brink was finally ready to welcome back. Shed even invested her savings on trying to prove. But just when she thought she was back in business indonesia was again hit with lot done. Thats the way of the modern set that we only just managed to survive the 1st round of large scale social restrictions and here comes another one. For no im just relieved that we are barely surviving but it will definitely cause an impact on our income and. Asias g. D. P. Is expected to be minus 0. 7 percent this year dragged down by dismal results in india thailand the philippines indonesia itself and china next year is projected to be 6. 8 percent below
Smartphone sales. Details about the beijing security law. Shery this is quite a reversal from the deficit we saw in the previous month. We had seen south koreas current account falling to deficit for the first time in about one year but the numbers have recovered and we are seeing a rebound with our current account surplus topping 2 million. When it comes to goods, the trade surplus coming in at 2. 5 billion for the month of may. This is quite a recovery given that we had really fallen to the lowest level since 2008. Good trade surplus numbers. A much better than expected number out of south korea when it comes to the current account surplus and also the goods trade surplus for the month of may. Lets see how markets are trading at the moment. We are seeing now nikkei futures unchanged. Same for u. S. Futures. This after we had stocks here in new york jumping following the holiday weekend. We had seen five sessions of gains for the u. S. Now unchanged at the moment. The japanese yen Hol