The wrong legal interpretation and that china was a serial offender according to reports so the us just decided to ignore the ruling decision of the day because it didnt like the outcome of the case so now china is requesting authorize ation from the d. S. P. To suspend concessions and related obligations at an annual amount of 2400000000. 00 the u. S. Could challenge the amount of sanctions sought which would send the dispute to arbitration and while all this is happening the u. S. Is working a different angle with to hit china back with the transatlantic fight over the aircraft subsidies at the between the u. S. And europe may allow for the e. U. And us to come together to draft rules for industrial subsidies to take into the w t o as a way to force change in china all it needs now is a final resolution to the air bus boeing fight. The International Monetary funds latest World Economic outlook report has joan greeted china. Growth forecast to 5. 8 percent for 2020 lower than the 6 po
A website called the cause a reporter is heading your way next. Time to give you the latest global news updates. Hello there im max kaiser this is the kaiser report the show that goes there. Days hey max by the way you know its just a week and a half from today that we will be imposing tariffs big tariffs on european goods this is a bit of a shock in the past came out of the blue we were in these trade wars cold wars civil wars we had all these wars flying back and forth alone behold suddenly we start sanctioning well imposing tariffs on european goods and this is based on a w t o ruling that they decided that in fact air bus had provided 7500000000. 00 worth of subsidies to air bus from the European Union nations so we get to impose some and of course child picks out all the nice foods if he doesnt apply you know he famously it likes things like hot dogs and hamburgers and burger king stuff and donals and junk food so hes applied it to things like stilton cheese ing google and stuff l
Not so negative in switzerland. Relaxing deposits and bucking the easing trend the fed draws fire from trump once again saudi arabia say drone and missile debris calls out iran and mike pompeo calls the strike an act of war. A warm welcome to street signs. Plenty of central bank action. The fed and the s b already. Just in, we heard that norges bank has raised Interest Rates the question is if they would hike rates for the third time this year. We are seeing a jump on the back of this decision to raise rates. This is the third time this year that they have the question is will they change but they have gone ahead given the fact that they have and bucking the trend, it is worth pointing out the smaller rate hikes in june they have hiked today but revised downward in their future very interesting. A real variety of action around the globe. We have the bank of england decision as well again, central bank taking focus. Lets talk about the biggest central bank decision. The Federal Reserve
Ones by tv personalities are no longer a surprise. Just look at donald trump, letting me is that landscape, the bar is johnson, but it would be fair to say that have you malays victorian argentine is primary election has sent shock waves through the political system. Im not just their markets. International investors and lenders are rattled argentina, always more money than to the International Monetary fund than any other country. Thats 44000000000. 00. Any a 3rd of all the i m. S. Loans. So the Global Financial system has reacted with alarm. But its argentines who are hot as takes hours off to the election result, the government, the volume, the local currency, the pay, so by 18 percent, and heights Interest Rates to 118 percent. As a result of the bike market Dollar Exchange jumped to about 750. 00 pesos to the us dollar. Thats more than double the official exchange rate. Prices of items such as basic foot like bread and milk as well as essentials. Like soap surged overnight by up t
Color. Welcome to the program on road map as an election, winds by tv personalities are no longer a surprise. Just look at donald trump logging into your landscape. The bar is johnson, but it wouldnt be fair to say that heavy malays victory in argentina is primary election has sent shock waves through the political system. Im not just there markets, International Investors in lenders, a raffled argentina, always more money than to the International Monetary fund than any other country. Thats 44000000000. 00 and a 3rd of all the i m. S. Loans. So the Global Financial system has reacted with alarm, but its argentines who are hot as 2 hours off to the election result, the government, the value of the local currency, the pay, so by 18 percent, and heights Interest Rates to 118 percent. As a result of the black market, Dollar Exchange jumped to about 750. 00 pesos to the us dollar. Thats more than while the official Exchange Rates prices of items such as basing for like bread and milk as we