And early noughties. Now this comes hot the heels of Dissapointing China Trade data on tuesday showing exports sank at their fastest rate since the pandemic. Global demand for chinese made goods is falling, down more than 14 in the year tojuly. But domestic demand is down too with imports also falling by more than 12 in the same period. Joining me now is janet mui, head of market analysis, Rbc Brewin Dolphin where is this deflation coming from . Good morning, thanks for having me. So, this Deflation Data is mostly coming from food. And also commodities prices like raw materials, energy etc. Actually, if you look at the underlying deflation, things Like Services and tourism and leisure, hotels. Actually, they are up, the Core Inflation is up from 0. 4 to 0. 8 . But obviously, its still pretty muted. Overall, it is a concern that china prices are contracting and it could be lasting for a while as well. , ~ , could be lasting for a while as well. , ~ ,. ,. , well. How likely is it that ch
as further allegations against the presenter emerge tonight, we ll ask where this crisis goes next. and there are further questions for the sun including why will no one from the newspaper talk to us? today, the bbc s director general did speak. clearly these are damaging to the bbc. it is not a good situation. also tonight. the government faced down mps who wanted to dilute its illegal migration bill. but could there be more challenges to come? we ll talk to a conservative former minister who wants downing street to compromise. and in the last few minutes the government has said the g7 s going to announce, quote, a significant international framework for ukraine s long term security arrangements at the nato summit tomorrow. will president zelensky be satisifed with that for now? we ll talk to his former defence minister. good evening. as we came on air last night we tried to be really clear with everyone watching about the limits to what we actually know as fact in t
at verisk maplecroft. if erdogan continues down this path of policy that he has embarked upon, do you think turkey will be defaulting on its debts any time soon? thank ou. its debts any time soon? thank yom yes. its debts any time soon? thank you. yes, well, its debts any time soon? thank you. yes, well, the its debts any time soon? thank you. yes, well, the turkish - you. yes, well, the turkish lira partly as a result of economic policies under the current turkish government has lost about 80% of its value over the past five years. and in the lead up to the election, one of the ways in which the central bank was holding it off was drawing on its foreign exchange and gold reserves. although that props up the lira it is not necessarily sustainable in the long term and if turkey is no longer able to finance imports or to service its external debt it could end up default. there are corrective actions the turkish government can take to try and hold off that risk but we have
know for monday, march 20th. donald trump making a push to avoid criminal charges. in the stormy daniels case, one of his allies will testify before a new york jury today, and this all comes as trump claimed that he will be arrested tomorrow but the timing of any potential indictment remains unclear. a lot more on that. and another roller coaster week for financial markets began as a major bank takeover is announced. swiss relagulators announced ub is buying credit suisse. asian and european markets are down. vladimir putin playing host today to chinese president xi jinping. the two leaders are set to meet in moscow, a critical moment for russia s war in ukraine, days after the war crimes arrest for vladimir putin. a state of emergency has been declared in miami beach. unruly crowds, the city s mayor is calling the situation untolerable. ted lasso is headed to the white house. jason sudeikis and the cast will be there to talk about the importance of mental health. cnn
legal adviser to trump attorney michael cohen is expected to testify before a new york grand jury and michael cohen has said he s been called as a potential rebuttal witness to costello. that grand jury could issue an indictment or indictments against former president donald trump any day now and trump has called for protests if that happens. we are outside the new york city courthouse watching for the arrival of witnesses this morning. plus, we re also keeping a very close eye on u.s. markets this hour, futures in the green, that s a good thing, but this is after switzerland s largest bank scooped up its rival credit suisse in an emergency rescue deal. plus chinese president xi jinping in moscow at this hour, set to meet with russian president vladimir putin. a closer look at what that means as putin is facing an international arrest warrant for alleged war crimes. we will get to all of that but we begin this hour with kara scannell who is outside the courthouse here i