the us is a little bit further along than us, and rba, our central bank, generally is a lot more conservative and always looks to the us for guidance. what are the key factors driving the current interest rate movements in australia and how do they impact the economic outlook for the year? the economic outlook at this point is looking at a real gdp growth about 2% with inflation sitting at about mid single digit level. with the rate currently most economists expect no rise today and potentially three cuts by the end of this calendar year. our inflation rate, the last report was actually a lot better or undershot our central bank s forecast and hopefully that will be on its way down in the next few prints. how resilient is the australian economy then expected to be? you sound very optimistic about it. what are the key areas of strength but also areas perhaps of vulnerability? the australian economy s holding out well because consumers are still doing quite well, and with the r
to boost foreign investments in the country as its own economic engine slows. for clues on what we can expect. mattie bekink of the economist intelligence unit spoke to us. i think one of the reasons that this meeting and the stream of executives and world leaders turning to china in the last few months since the very surprisingly exit from the zero covid and the reopening is because there has been a perception gap that has only widened in the three years that china was close. but i mean by thatis china was close. but i mean by that is the perception of china from outside even those who have businesses here and for whom china is a very important market and the lived reality on the ground. that is true anywhere in the world but i think some of the geopolitical tensions and confusion during the pandemic. particularly contributed to this perception 93p- contributed to this perception gap. so what they will find is, one, but they will discover is a chance to revisit their own tea
don t hide under the bed. don t hide under the bed. you heard it there. congressman eric swalwell, thank you for your time tonight sir i appreciate it. that is our show for tonight, now it is time for the last word with ali velshi, who is in for lawrence. good evening, ali. > good evening, alex. we ll see you tomorrow. thank you. and today was a bad day for rudy giuliani. jury deliberations began today in ruby freeman and shaye moss s civil defamation suit against giuliani, which started on monday. the two women are seeking $47 million in damages for the torrent of abuse and threats of violence that they say rudy giuliani brought on them with his lies in the aftermath of donald trump s defeat in the 2020 election. after promising monday that he would take the stand and testify in his own defense in the lawsuit brought against him by the two election workers, he apparently had a change of heart. it s also possible that giuliani s legal team decided to put him on the s
rudy giuliani. jury deliberations began today and ruby freeman and shaye moss s civil death defamation suit against giuliani, we started on monday. the two women are seeking $47 million in damages for the torrent of abuse and threats of violence that they say rudy giuliani brought on them with his lies in the aftermath of donald trump s defeat in the 2020 election. after promising monday that he would take the stand and testify in his own defense, in the lawsuit brought against him by the two election workers, he apparently had a change of heart. it s also possible that giuliani s legal team decided to putting him on the stand would be a disaster after he said this outside the courthouse on monday. whatever happened to them, which is unfortunate if other people overreact, but everything i said about them is true. do you regret what you did. of course i don t regret it. i told the truth. those remarks led the judge, beryl howell, to suggest that rudy giuliani might hav
election, there does not seem to be a clear winner yet. turkish presented recep tayyip erdogan has said he would respect the vote. the country has been battling soaring inflation and the fellow from the recent earthquakes. andy fallout. standing against him is kemal kilicdaroglu, who is backed by a broad opposition alliance. here s what one of the supporters of the opposition had to say. translation: i am so excited. i can t feel my heartbeat. i still believe we will win. we have to get rid of this system already. especially as a woman, i want this change. the situation of the country is obvious. i m extremely excited. we wait with enthusiasm. i hope we win, i hope all would be as we wish. we are a bit anxious, a bit tense. i haven t been able to sleep for the past week. i woke up at 5am today, casted my vote and directly came here right after. meanwhile in thailand, voters have overwhelmingly chosen to end nearly a decade of military rule. but the question is, who is next