a news reported sighting people familiar with the matter the move should be parts of the country s plan to further open the automobile market according to bloomberg china s cabinet wants to reduce the levy on imported cars to between ten and fifteen percent that from the current twenty five percent an announcement on the decision could be made as soon as next month. that s your business update for now brian has more news for you. it s two armenian hour days of mass protests in the capital year of on that have plunged the country into a political crisis may not be over the opposition is now demanding the resignation of the entire governing republican party tens of thousands taking to the streets again yesterday after talks between the two sides broke down the protests were originally triggered after parliament elected the veteran leader says sars yond to become prime minister and what critics condemned as
meant to mori has never lied about his age he s twenty four has received political asylum and is in a training program but he knows many others who are pretending to be younger hoping it will help them access help education and prevent them from being deported. the result of the court ruling later today the state of the news still to come on the show by i mean are you going to early it against the defending champions league holders but things oneself from there will tell you about the first of the two like match up against powerhouse yes ryall madrid. versus over to monica and china it looks like they re reacting to the pressure from washington they ve opened up their market to foreign cars and now they re about to go a step further they re going to go a step further and i m going to tell you all about it brian but news has come in that there s a continued slump for germany s biggest lender doj a bank reported nearly an eighty percent slide in first quarter profit to one hundred twenty
expectation is that the e.c.b. will say how much it has noticed a certain amount of and of cycle mood on the markets recent economic data hasn t looked too strong so it s likely that the e.c.b. we ll have to say something about that i read you bring us up to date on that later on conrad wasn t for us in frankfurt thank you now facebook s flush with money after a new critic first quarter profit went up sixty three percent to five billion dollars on advertising revenue showing little fallout from various data misuse scandals plaguing the social network facebook has been trying hard to appease users investors and regulators in the face of questions over allowing improper collection of private data while the bad press heard facebook s stock price of first shares a hottie heading back north again. and all to china which is considering a cut to imported u.t.s. on passenger cars the duty could be reduced by about half
right now. secretary of state john kerry is meet ing with leaders from iran to reach an agreement limiting the country s nuclear program. this as the secretary blasted republicans for their letter to iran. over the top yesterday. kevin corke is live with the war of words. that s a great way to put it. a war of words we ve seen them go back and forth. as you point out, secretary kerry in switzerland trying to wrap up 18 months of negotiations trying to hammer out a deal between the u.s. and its partners trying to get iran to go peaceful with their nuclear program. on tuesday russia china britain and france are expected to weigh in with the u.s. leading the way. secretary kerry was asked this weekend about the letter from the regime from 47 republicans including arkansas senator tom cotton. here is the serve and volley. i m not going to apologize