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
And welcome to to the point we have a great roster of guests to answer that question its a pleasure to introduce Clifford Kuhn and he was a Foreign Correspondent for 15 years in beijing and he says chinas success in dealing with the coronavirus shouldnt distract from its emergence as a challenging strategic rival and im very pleased to welcome our its googles hes an analyst an expert on china at the german think tank s w p and he says china has been partially successful in gaining International Discourse power by revealing an ugly side beijing has failed to profit more significantly from the covert 1000 crisis. And were very pleased to have with us kyung son she is a freelance journalist from china and she says compared with a financial crisis 2890. Recovery plan is greener more domestic and digital oriented. Then we start out by asking you rudolph china has reported Economic Growth of nearly 5 percent in the 3rd quarter of this year thats a rate almost equal to what it was doing befor
This is boom bust so one business show you cant afford to miss for in washington coming up tensions are on the rise between russia and the European Union is sanctions have been imposed over the poisoning of electing a volley straight ahead we bring you up to speed on how the escalation could affect business between the 2 and amid the ongoing trade war between the worlds 2 largest economies china u. S. Imports have exploded leading up to the 2020 president ial election later i want to bring in 2 experts on International Trade on what the trade gap means in these critical times with a packed show today so lets dive right in. And we lead the program with the European Union stating wednesday that it will impose economic sanctions against russia after russian Opposition Leader alexei no bawly a corruption investigator and longtime opponent of russian president Vladimir Putin was reportedly poisoned with a nerve agent now according to German Authorities know bawly is in germany. And is now r
Competition and illegitimate sanctions but also by creating instability on our borders. And joining us now to discuss this boom bust cohosted investigative journalist bents one whos been following the story now but i want to start with what we know about the poisoning of alexina bali. Yeah we actually dont know a whole lot about it according to reuters there is some information he was traveling apparently between siberia and moscow in august he became violently ill he was an air flight into germany where doctors began to treat him and they say that he was poisoned with some kind of a nerve agent and so the details of exactly how he was poisoned are not known at this time and the fact that russia and specifically certain members of the russian government have been accused by the french of the germans as being responsible for this is a little bit strange because we dont have any details surrounding that having said that it was enough as you just said for the e. U. To say that theyre goin
These critical times with a packed show today so lets dive right in. And we lead the program with the European Union stating wednesday that it will impose economic sanctions against russia after russian Opposition Leader alexei no bawly a corruption investigator and longtime opponent of russian president Vladimir Putin was reportedly poisoned with a nerve agent now according to German Authorities no bawly is in germany and is now recovering this week e. U. Foreign ministers agreed to impose sanctions on russian officials fish tales and organizations blame for the poisoning these sanctions according to Russian Foreign minister Sergei Lavrov are not surprising and could lead to further economic strains between the 2. The question is not just whether business as usual is possible but with the any business with the European Union is possible a tool the e. U. Behaves arrogantly towards us and looks condescendingly down with russia demanding answers from us for all the crimes it imagines we