October and joining us now with more details is r. T. Correspondents our month. So welcome to the show so when these meetings today basically who was at the table and did they get anywhere let me start by saying that the meetings are already affecting the market let me show you what the dow did it sunk basically it really took a steep turn this was an unexpected twist of events Chinese Agriculture officials were scheduled technically to visit u. S. Farm states next week including montana but officials cancer just canceled canceled the trip to montana theyre going to return to china sooner than originally planned u. S. Secretary of agriculture sonny perdue confirmed that these meetings were to provide some or to at least have china build good well with the u. S. Farmers talks began on thursday and they were led by there were 30 chinese. Officials who came to washington d. C. Led by the feisty bice finance minister early on when he met with u. S. Deputy u. S. T. R. Jeffrey garish they we
Move by the indian policymakers suggest that they saw a weakening in Economic Indicators that call for such a bold action as indian growth reached at 6 year low tax cuts added to a list of stimulus actions for 21000. 00 that already includes 4 Interest Rate cuts by the reserve bank of india. Meanwhile Prime Minister Narendra Modi of india is headed to the United States for a weeklong visit that will include an appearance with u. S. President donald trump mr modi will address more than 50000. 00 Indian Americans at an event in our in our g. Studio in Houston Texas the events named modi will also be attended by President Trump as a gesture to cement the relationship between the 2 countries during the trip to the u. S. The 2 World Leaders hope to ease trade tensions between their large economies earlier this year the u. S. Had removed certain trade privileges afforded to india saying the country had not properly opened their markets to u. S. Goods the u. S. Hopes india will be. In electro
Cut their visit short r t correspondent sam on thursday ocus standing by to delve into the details of the choppy trade waters. To saudi aramco as i. P. O. Has been in question following attacks on the oil fields in the middle east monarchy rule of u. S. What holdings is on hand to drill into oil prices in the future of the would be record setting i. P. O. Were back to full strength and ready to bring you all d the Global Business news news you need to end the week lets go. Major tax cuts for the Indian Corporations leaves our global report today as a modi administrations finance minister announces an 8 percent cut in the base Corporate Tax rate the centex stock markets surge and close by more than 5 percent after minister some around the bend are now that 20000000000. 00 policy package indias base Corporate Tax rate was cut 30 percent to 22. 00 companies that do not seek Tax Exemptions will qualify for that base rate while those who do well pay a base rate of 25 percent down to. The pr
Abramowicz some Jonathan Ferro your equity market on the s p 500 slightly negative this morning fantastic lineup looking ahead retail sales just around the corner. Earnings from home depot dropping across the bloomberg tomorrow. Numbers from target results from walmart on thursday. But once again this morning, we have to begin in china. Rate cuts bramo and the data not great at all. The biggest rate cuts going back to 2020. The data coming weaker across the board. Whether it has to do with retail sales, whether it has to do with industrial production. They scrapped their youth unemployment metric, which is not exactly encouraging. And now the question is, are they preparing a big enough stimulus to really stave off weakness that is much deeper than people expected . This is the right signal. The big question, youve alluded to it, whats next . Heres the commentary this morning from standard chartered. The cut has been aggressive from sogdian. This is unlikely to be the last measure. So,
A report from our correspondence on the ground the little im terry martin. Good to have you with us. Nigeria is pushing for a diplomatic solution to the crew in neighboring new share. A spokesman for the nigerian president will attend, who bowed said he wanted to avoid military intervention. Nigeria will chair thursdays meeting of the eco, las Regional Group in response to the qu, leaders, refusal to relinquish power because most populous nation has also increased financial sanctions on the job in response to the cool position as the eagle watts. Well, joining me now is journalist waste theaters, who is in the jury, is capital a booge of the city will host the eco last meeting on thursday, just to decide the regional blocks response to the to thanks for being with this waste. Just a few days ago, nigeria seem to be pushing for a military intervention to end the coo and they share. Now, the nigerian present spokesman is emphasizing hopes for a diplomatic solution. Why the change into we