No change in the lpr. No real effect when it comes to the cnh, the offshore renminbi. 6. 86. Maintaining the gains we have of late. The euro weakening. Keeping an eye on crude. Oilared by the National Company after saying it was commandersone of the of one of the civil war activists from exporting. Got oil field disruptions taking place in iraq. What else is happening in beijing. We join selina wang for the first word news. Selina thank you. The former white house economic director gary cohn says he sees no recession predicts the economy will continue to grow as we move towards novembers election. While president trumps tariffs produce the phase one trade deal they inflicted some damage on the american economy. I dont think we would have gone to a different outcome. I dont think the outcomes helped us get to a different outcome. Did it hurt the u. S. . Its. Totally hurt United States the u. S. Economy is very strong, employment is great but we are missing a big component. Were missing
United states needs a comprehensive strategy. This bill would require we develop one, that we implement it and that we work with our partners and allies to ensure they do something similar. Host who is we that has to develop this . Guest the executives, branch. So determining, the focus is we are requesting the executive branch, that the administration develop a broadband strategy, a national strategy, a public strategy so that recognizing the challenges, the threat as we might term them that come from development of i. T. Technologies in other countries that we from a government perspective, private sector perspective and from a public perspective understand these challenges and potential threats and that we are moving towards a place of being able to ensure Greater Development of 5g technology in the United States, that we raise recognition among the public of some of the challenges that exist within the space and that ideally we worked to ensure with protecting American Consumers an
Mention globally by what happened over the weekend and particularly the escalating dialogue and threats of retribution from both sides here in germany the docks is down about 1. 4 per cent thats adding to a loss of about 1. 3 percent on friday of the euro stocks a broader index of european stocks is also down to 0. 8 percent one of the key things investors are going to be watching is really going to be the oil price is 1. 00 of the concerns is that this could lead to a disruption in oil supply like we saw in september and that could really impact a lot of economies Consumers Companies were already seeing this play out in the Airline Sector here in europe which obviously is a big consumer of jet fuel and fuel so they. Have tons of the German Airline its stock is down about 2 percent and ryanair. And air france are all down about 3 percent so i think investors are going to sort of wait and see what else happens what the next steps will be from both sides but they do seem to be a sort of
Need joining us live from frankfurt charles the. Tensions visible in trading in frankfurt. Investors are certainly rattles here in frankfurt but also as you mention globally by what happened over the weekend and particularly the escalating dialogue and threats of retribution from both sides here in germany the docks is down about 1. 4 per cent thats adding to a loss of about 1. 3 per cent on friday of the euro stocks a broader index of european stocks is also down to 0. 8 percent one of the key things investors are going to be watching is really going to be the oil prices one of the concerns is that this could lead to a disruption in oil supply like we saw in september and that could really impact a lot of economies Consumers Companies were already seeing this play out and the Airline Sector here in europe which obviously is a big consumer of jet fuel and fuel so. Tons of the German Airline its stock is down about 2 percent and ryanair. And air france are all down about 3 percent so i
The patients. Want to use today have the future. Teetotal news dot com africa make a suit against the multimedia. Click the tour. The u. S. Says it has a signing date for its phase one trade deal with china so why is beijing so tight lipped well hear from our correspondent as to chinas view of the agreement and how it might approach the negotiations ahead. Also on the show kenya has a recycling problem plastic bottles litter the streets even when recyclers are equal for eager for more in their beds. And japan embraces vertical farming well tell you where and why. Welcome to business africa im Stephen Beers in berlin good to have you with us. U. S. President donald trump said hell sign a face one trade deal with china on january the 15th trump tweeted that the deal will be signed at a ceremony at the white house with high level chinese representatives the deal was concluded in december but many of its details have been slow to emerge trump went on to say that hell go to beijing at a lat