Did you know it costs 0. 50 to feed hungry child for one full day do you want. To. Go door. To share the meal you can share with children with just the saucepan to tap on your smartphone together. Please dont move the. Its a 1st rate card since 2016 turkish president rich uptight and one wanted a rate cut and he got it the new Turkish Central Bank chief cut Interest Rates a whopping 4. 00 percentage points. Also coming up youve got the social media tax was supposed to increase revenue instead its weighing on business and comes down investment we go live to come for more. Welcome to the business africa i want to get good to have you with us a big change in turkey where the central bank reduce the Interest Rates by 4. 25 points today investors and analysts have been watching with keen interest because just over 2 weeks ago turkish president wretched type add one fired the central bank chief because he had refused to follow his demands for lower rates and some say at one house a point to
A tree not for the sound of biodiversity Tourism Community Development Food and water. The United Nations Development Program is listening and working with communities to protect forests for the future we want if youre hearing what were hearing find out more. Its a 1st rate cut since 2016 turkish president. Wanted a rate cut and he got it then you took your central bank chief cut Interest Rates a whopping 4. 00 percentage points. Also coming up uganda social media tax was supposed to increase revenues instead its weighing on businesses and cuts down investments we go live to come home or. Welcome to business africa want to. Good to have you with us a big change in turkey where the central bank reduce the Interest Rates by 4. 25 points today investors and analysts have been watching with keen interest because just over 2 weeks ago turkish president wretch of type add one fired the central bank chief because he had refused to follow his demands for lower rates some say at a one has a poi
Tariffs put on hold as china agreed to buy more Agricultural Products in exchange for taking smartphone maker huawei off the u. S. Blacklist when it comes to u. S. Companies selling to huawei. But were told that huawei was a National Security threat over and over again over the last few months. Which is it . Former deputy trade representative is here exclusively to explain how huawei could go from enemy number one to just another chip in the trade war and it went so overnight. July 4th fireworks turning out to be a dud for the dow. We do have good news. The good news is the s p 500 right now is on track for its 95th alltime record high close since election day. If you just look at the dow which is up 42 points, it was within 28 points of hitting dow 27,000. That was before noon. Nearly all of those 290 points in gains have shrivelled away. Plus are American Farmers the big weekend winners . Which farmers . Very unspecific right now. We will pick some of the winners here. Irans Nuclear
The president has completed meetings already with russias vladimir putin, the japanese Prime Minister, and indias modi but it is the oneonone with chinas xi jinping that has the potential to be the most marketmoving event. So it will be very critical for wall street, the u. S. Economy and the rest of the world. Bank of America Merrill lynch analyst says if a deal is struck, the s p could sail over the 3100 mark but if President Trump doesnt like the tone of talks and perhaps slaps new tariffs on more chinese goods and materials, the broader index could drop 5 . That would equal roughly 150 points from where we are right now. And there is latebreaking news from osaka. A trade deal could be on the verge of being struck, but its not between the u. S. And china. We will take you there for the up to the minute developments. China, a big topic during last nights democratic president ial debate. Hear what some of the 2020 candidates have to say about the way President Trump is dealing with th
David and what did he think . Alix board. He talked about all of the bored. He talked about all of the hasht ags. Boring. That much what he said. If you are Corporate America listening to the democratic debate, you are saying oh my gosh, what am i in for . David it is a very different attitude from President Trump in 2016. They really want to take on big business. The Ford Motor Company has put some numbers around their restructuring in europe. They are going to lay off 12,000 people. We already knew they were laying off 5000 in germany. The is this is part of overall restructuring effort. Said they are pulling back in europe. Alix germany, ukraine, russia apparently the hardest hit. David they havent been making a lot of money in europe. Thats be frank, all of the european automakers have been having a tough time. Gm got out entirely. It makes sense, but it will be very difficult for a lot of people in europe. Alix take a look at what is happening in the market. Not a lot come of the