It is time to catch up with all the Business News in World Business report. Stories. How does a country survive without big banknotes . Well find out when the Indian Government releases Economic Growth figures later today. And its almost like a game of hide and seek. Passengers involved in the disruptions of ba flights over the weekend desperately seeking their luggage, luggage. Hello and welcome to World Business report. Im susannah streeter. In a minute well take a snapshot of the chinese economy, but first, in a few hours time, the latest official statistics are expected to show that india has retained its crown as the Fastest Growing major economy in the world. Economists are predicting that india expanded at an annual rate of 7. 1 in the first three months of the year. Now, this compares with growth of 6. 9 for china. The resilience of the Indian Economy will come as welcome news to Prime Minister narendra modi, following the countrys landmark demonetisation programme. Towards the
Reporter that reassured wall street, but just hours later, President Trump turned up the heat yet again, announcing 100 billion in additional tariffs against china. Enter today, the Treasury Secretary there is the potential of a trade war. And let me just be clear, it is not a trade war. The president wants reciprocal trade. Reporter so, what now . Well, just last month, the president himself said the United States had been treated so badly for so long on trade that, quote, trade wars are good and easy to win. Does the president think that trade wars are easy to win . Is that still his view . I think the president feels like if he is in charge of those negotiations, absolutely. And jon karl joins us from the white house tonight, and jon, the president s top economic adviser calls the tariffs just a proposed idea, but youre not hearing that kind of language from the president himself. Reporter well, tom, it is true that tariffs have not gone into effect yet. The process could take a cou
by the busload and now cities lake denver, chicago, new york and their suburbs are seeing the influx. veronica, how are these measures going over and what would this look like? rahel, certainly a very difficult situation here. as you mentioned cities like chicago, denver and new york they have enacted measures to manage the influx of migrants coming in in order to really get a handle on this, but what s happening is in order to bypass the restrictions of the big cities, now those bus companies, those busses are dropping off migrants in suburbs outside of the city where these cities are just unprepared. they don t have the resources to handle those migrants like in hensdale, a city 20 miles outside of chicago, just a few days before christmas randomly without any notice received several busloads of migrants at a train station so they could
help somebody. don t really have a teacher that i remember. i have no might remember my bus driver. reporter: so many kids feel the exact same way. more than 20 of them had reid, who was also a pastor, vitiate their weddings. a bomb so strong that even though reid retired years ago, former students gathered recently for one last ride. and they are finding their assigned seat. right here in the front. reporter: that they had 20 y. and now their child is sitting on their lap, and that kind of feeling is a wonderful thing. reporter: and as for his secret to fostering all of this. only had two rules on the bus. show everyone love and respect. love and respect to everybody. reporter: it s a lesson they carry with them. love and respect. reporter: and on them. got a love and respect tattoo. i am convinced that when you love and respect people, most of the time, that is what you are going to get back. reporter: get back by the busload. thanks, rosie.