Point to flash so far is that the top this is where they are. Welcome to the 77 percent. This weekend d w. China has invested billions in its bells and Road Initiatives Infrastructure Projects funding dozens of countries across the world take a look at how african nations are trading developments for debt. Also coming up our reporter egypt cannae take the trip on the chinese finance model rocket expressed in kenya is just one example of beijings month of investment in africa. On does a world top 2 economies edged closer to a train to we are quite good at u. S. China truth mean for the rest of the world. This is business africa im paid ferguson welcome 29000 is nearly out an end on one of the stories weve been covering extensively this year is chinas belt underwrote initiative. Its a series of grand Infrastructure Projects intended to connect the Chinese Market with the rest of the world now you can see the extent of it here on the map construction has been underway since 2013 were talk
A problem no matter which kind of trade agreement or talk about whether its with mexico and canada or with china as were just about to break get into whats going to the u. S. Markets soar to record highs monday as a socalled phase one trade deal between china and the u. S. Boosted sentiments and relieve fears of another terror a school ation this deal announced on friday after more than 2 and a half years of an on and off negotiations will reduce some u. S. Tariffs on chinese goods in exchange for increased chinese purchases of u. S. Ag more details have emerged from the u. S. Side now an 86. 00 page agreement which ranges from intellectual property to ag purchases where china is to buy up to 50000000000. 00 over the next 2 years raising total imports to 200000000000 dollars while u. S. Trade representative said that this deal is totally done absolutely quote china took a more cautious tone reiterating that this would be quote a huge challenge to fulfill those commitments maging statem
Impeachment charging the president of the United States donald j. Drum with committing high crimes and misdemeanors the 1st article is abuse of power for withholding security aid and a white house visit with ukraines leader in exchange for political investigations that would benefit trumps reelection the 2nd obstruction of congress for refusing to cooperate with impeachment investigators the evidence is every bit as strong that president term has obstructed congress fully without precedent and without basis in law if allowed to stand it would decimate congresss ability to conduct oversight of this president or any other in the future trump is only the 4th u. S. President to have impeachment proceed this far he denies all wrongdoing tweeting during the democrats announcement witch hunt democrats say the evidence against trump is damning it includes testimony from more than a dozen witnesses and a white house call summary showing trump asked ukraine to launch investigations into his poli
Business boom bust broadcasting around the globe and covering the world of business and finance and the impact on us all ive been for and im christiane washington has less moving markets today one of mexicos top trade officials says that one of the biggest claims about the u. S. M. C. A. Isnt going to happen because then violate mexican law and sovereignty well explained. Friends new Prime Minister is ready to make good supporting parts of england that came out thanks for him wont break down Boris Johnson spending spree and do it well the back end of it is where the president is ready to airdrop the nations cryptocurrency to the public just in time for the holidays so how much is going to be given away and why is the coolest mother oh doing this weve got the details thanks for being with us on this very busy day a lot to get to and so we begin here with pushback on the new u. S. Embassy a trade deal mexicos trade representative now says there is no way that they will allow labor inspec
Total imports to 200000000000. 00 while u. S. Trade representative said that this deal is totally done absolutely quote china took a more cautious tone reiterating that this would be quote a huge challenge to fulfill those commitments made a statement focused more so on the broad principles of phase one and refrain from mentioning any specific targets during his press conference why well as multiple analysts pointed out the scale of these purchases seemed completely implausible given the slowing chinese economy the us is now asking for an increase in purchases over that of 2017 during the pretrained war times this is asking for a 110 percent year over year increase in purchases and 2020 which is obviously not visible meanwhile the u. S. Has still been unclear about how and when it will roll back other tariffs a condition that china has firmly maintained so it seems like this is only a trade deal for the public eye and to hold for escalation. Merely to prevent things from getting worse