Allies across the region it wants if it wants to prevent it from expanding its influence and hezbollah of course being an iranian ally so if israel continues to target for example iranian and iranian ally targets in syria and kills hezbollah fighters are we going to see a similar a similar response from the Lebanese Group so the situation is still tense in light of the developments in the region. Which has been another attack in afghanistan just as talks ended in catacomb between the u. S. And the taliban. 11 people were injured in the talibans latest offensive and Baghlan Province the Afghan Interior Ministry says the fighters have been battling Security Forces in the city of. 5 gunmen were killed while 2 fighters were arrested during a clearance operation the u. S. Envoy for afghanistan said washington and the taliban were on the brink of striking a deal to end the war here with the news hour live from london much more still ahead coop. The double blow for germanys governing coalitio
The c. W. Business. Has announced a loss of 3100000000. 00 euros for the 2nd quarter of this year its being attributed to the cost of a big Restructuring Plan announced earlier this month germanys biggest lender is drastically cutting back its Investment Banking operations with a loss of 800000 jobs c. E. O. Has already taken significant steps to implement that strategy. Lets bring in our correspondent. In the frank. Used to bad news from Deutsche Bank at a loss of 3000000000 euros that is monumental isnt it still within the remit of normal losses that companies of that size can stomach. Its an eye popping number theres no doubt about that and i think you know this is a bit surprising for investors in the market because just a few weeks ago which a big hit so that they were expecting a las below 3b3b euros so there is a little bit of surprise about that but just to put it into context its not the largest loss that bush because ever seen back in 2015 they had a loss around 6000000000. 0
Sustainable to take eco products Michael Institution goes for. This interview business welcome to the Program German Business Leaders warning britains incoming Prime Minister to avoid disorderly breaks it was johnson take selfies post later today having promised to get the u. K. Out of the e. U. By the end of october quote. The German Association of chambers of commerce commerce and industry points to figures showing imports from britain fell by 6 percent between january and may it says uncertainty over the u. K. s future relationship with the e. U. Is behind that draw. So lets talk about the new Prime Minister and toward his appointment mains for businesses in the European Union with. The managing director of the federation of german industry a very powerful lobby group said that threats from london would come back on britain like a boomerang what does that mean. Good morning that means that threats will not help to comfort the situation we have all understood that the United Kingdom
The value of imports also fell by more than expected. Down 12. 4 onjuly a year ago, but that partly reflects a fall in the price of commodities such as crude oil. The figures will concern chinas government who are grappling with economic growth. The quarterly Growth Figure was just 0. 8 in the april tojune period as the country continued its post covid recovery. And last month chinas struggles were cited as a key concern for the Global Economy when the International Monetary fund updated its Global Growth forecast for this year to 3 . David woo is a former imf economist and wall street strategist, hejoins me now from tel aviv. Its a grim picture for china, isnt it . The third consecutive month of decline. Whats going wrong for them . ,. , decline. Whats going wrong for them . ,. ,. ,. , them . Some people are going to say its ust them . Some people are going to say its just basically them . Some people are going to say itsjust basically a them . Some people are going to say itsjust bas
Of the Global Economy given so many countries do so much trade with china. Chinese Government Data shows that the value of exports fell 14. 5 compared to the same month a year ago. That suggests the rest of the world is buying less stuff. The value of imports also fell by more than expected, down 12. 4 onjuly a year ago. But that partly reflects a fall in the price of commodities such as crude oil. The figures will concern chinas government, who are grappling with economic growth. The quarterly Growth Figure was just 0. 8 in the april tojune period, as the country continued its post covid recovery. And last month, chinas struggles were cited as a key concern for the Global Economy when the International Monetary fund updated its Global Growth forecast for this year to 3 . David woo is a former imf economist and wall street strategist and has been telling me what he makes of the numbers. You know, like some people are going to say, well, this is just basically a reflection of the curren