Ruling country of the ruling party of the country for a very long time the party that ruled the country for forty years he has been holding various ministers positions under former dictator mugabe and last year when god was forced to resign by the military he finally took over as the president and he changed his image completely he suddenly portrayed himself as the reformer he opened up the country to investors and he also allowed more freedom more Freedom Of Speech and this electoral process for him was another sign that he wanted to give to the world that hes opening up the country hes been talking a lot about the electoral process that its been free and fair and according to him also observers said so but the reality is not really like this yes there has been tremendous amount of improvement compared to previous elections in zimbabwe which were not free at all but also a lot of people say there was intimidation here and the process was not as fair as he thinks it was yeah the leader
trumpet administration accuses china is stealing intellectual property and not playing by trade rules china denies those allegations and says u.s. protectionism is a threat to global trace as get more on this now with our financial correspondent so fish about new york sophie clearly the latest ratcheting up of trade tensions between the u.s. and china that how s that playing out a wall street. well the investors here have tend to downplay concerns about these trade conflicts for the longest time and have been focusing on fundamentals and earnings but when we look at the charts out the dollar jones for example and other indices we can see subtle signs of declining optimism was speed lost a few points on thursday on friday it did a little bit and little better again but it has gone all over that investors don t pay attention to terror threats at all the back and forth between china and the you as has turned into
semiconductor was another we re talking not ten fifteen years ago where theoretically it wasn t such a big deal to a switch from intel let s say to advanced micro devices to me conductors we re talking about chips or semiconductors that are pretty specialized customized and are not that easy to being replaced but it s certainly not helpful and that s why intel is the biggest loser in the dow jones and talking about the dollar jones we reached a new milestone today for the first time ever new chips cross the twenty five thousand point mark it s the sevens thousand point mark that we ve crossed since the presidential elections so besides intel a pretty bright trading sort of environment here on wall street. almost right thanks for that. here is the cost is in history for the insurance industry claims from natural disasters and twenty seventeen right spect
that much the european union can do it to keep those deals from your from european companies was around going oh yes looking at the markets despite iran despite the china trade dispute the dow jones index is at another record high how does that work what s going on. yeah and who would have guessed earlier this week when u.s. president donald for those new tariffs the chinese imports since then so on tuesday on wednesday and on thursday we saw triple digit gains there was the dow jones industrial average actually for the first time since the end of generally the dollar jones achieved a new record high well maybe there is some hope that tensions could ease between the united states and china and then second overall the u.s. economy pretty strong we ve got new indications here on thursday that in the second half of the year the u.s. will grow at least by three percent and it s probably those growth figures that
as we ve just heard a long and complicated process the question is was on the trunk have the patience to do that and also the tariffs on steel and aluminum by the americans and the countermeasures by the europeans are still in place and then of course if donald trump is in a bad mood he might destroy everything that has been achieved with just one tweet so i would be very cautious right proceed with caution but nevertheless there was some relief that me felt he in the european union said what about the reaction from american companies and industry how are they taking this latest development. also cautiously relieved the dollar jones was up on thursday probably partly due to a reaction to that meeting in the white house but clearly american industry and also in particular fama very much relieved they were worried that this might turn into