A more on the impact of this protracted trade war is having on china as well as other asian economies im joined by our director of the mocker Economic Research division at the Asian Development bank so good to have you with us lets start 1st of all with this latest development what do you make of china asking the u. S. To be rolling back levies so that they can buy Agricultural Products of beijing that cash trucks but thats a bit funny. Chinas a 12 trillion dollar economy they can obviously afford to buy more of cultural products if they want what is true and whats maybe not so funny is that the trade the trade war has really had an impact on the chinese economy and their Asian Development all of that that came out 2 weeks ago our estimate is that the tariffs currently in place have already of will impact china by. Taking away about 80000000000. 00 and of g. D. P. And about the 5 more than 5000000. 00 jobs so in that sense its nontrivial they do what they do. The tariffs rolled back ju
All and lets do business yet another restructuring of Deutsche Bank but this is a radical surgery 800000 jobs and were talking germanys leading lenda its london and york offices are to be decimated stuff across asia have been seen leaving their buildings saying their final goodbyes analysts say this could be the only way to save the back. After decades of trying to become a titan of wall street and build a Global Investment bank bank is looking to the home market the struggling lender has announced a major Restructuring Plan that would involve building on its traditional strengths. Dorie share will slash around a 5th of its staff worldwide over 3 years its scaling back its Investment Banking operations and will shift 74000000000 euros of risky assets into a new bad bank because its no closure also says it will cut some of its fixed income operations an area traditionally regarded as one of its strengths. Im sure that laying on the plant weve been planning for quite some time that after
Praised for bringing down the sky high murder rates and raising Economic Growth but critics say hes trying to tighten his grip on power eighty is after he supported a coup against the previous president. As the headlines just over this next up its inside story and ill have the news after you straight after that thanks for watching often are. A number of International Brands have pulled the ad for us from you tube its in response to a u. K. Investigation that found the video sharing site running ads next to inappropriate videos of children so how should we release online content this is inside story. With. Hello there and welcome to the program im laura caro you tube is the worlds most Popular Video sharing site one point five billion users watch and upload videos on the website which makes it a natural fit for advertises but the company has come under fire after a u. K. Based newspaper found out of its running alongside inappropriate videos of children and comments the times investigat
Every weekend here on w. Bush by the germany is a strong country. That we have achieved so much we can do this and do something henderson says we must overcome it. Going where its uncomfortable global news that matters w made for mines. Another bottom line in the red bank posts a loss of more than a half a billion euros for twenty seventeen management says the us tax reform and weak Market Sentiment are to blame but why is the banks still handing out large bonuses also on the program with us tech giant report mostly stellar quarterly figures but is americas tax reform also spelling trouble for alphabet and with super bowl fifty two kicking off on sunday companies and t. V. Viewers prepare for a new advertising extravaganza. The state of your business im Christopher Colbert welcome germanys biggest lender bank suffered a third Consecutive Year of losses and twenty seventeen the bottom line being five hundred twelve million euro zone the red so what is going on there well for one banks g
Presentation is that she hadnt been at the site. And anybody coming to that site it was teeny, tiny. We know about victorian houses. A lady rank our doorbell and we had a neighbor who would throw candies up on the roof. So im not 1 hundred present sure that property was used for the cause she said. We have a neighbor who sold their vejsz in a Farmers Market on a small space near there. So if anybody has any questions call me. Thanks thank you. Hello, im trish. I live at one cottage row. I really appreciate mr. Kernz presentation. I think it was debate and to her and on point. I think that theres a consensus among the cottage row residents that will support his violative as well and a thank you thank you any other speakers on this item. Seeing none, well close public comment. Okay. No other comments well move on the market sale from publically annoyed properties. Informational presentation and a commissioners good afternoon dan with the Planning Department. About a year ago commissioner