Largest cities. Finally, we have not seen it yet but it is very likely that china is likely to have another round of fiscal stimulus. I will say that this is something that we have not seen in a few years, not since early 20102 after the global financial crisis. I think it is a clear message that the government is willing to increase support for economic growth and people s confidence. Talking of efforts to try and reboot growth. Thailand will start handing out $300 to every citizen part of a $14 billion stimulus package. The scheme has been criticised by economists, including two former central bank governors who say it is fiscally irresponsible. The government rejects that, but has struggled to find sources of funding. The japanese market has fallen by more than 4%, a reaction to the leadership contest for the country s next prime minister. He is a known critic of the extraordinary stimulus and has signalled he would support more interest rate hikes. A stronger currency ways on r
Also the removal of the purchased restrictions in some of chinas largest cities. Finally, we havent seen it yet but it is very likely that it is likely to rule out another round of fiscal stimulus. So this is, i will say that this is something we havent seen in a couple of years, since the early 20105 after the financial project, its a clear message that the government is willing to increase its support for the economic growth and people 5 confidence. You mention two other arrow5, confidence. You mention two otherarrows, it confidence. You mention two other arrow5, it does have a target of 5 growth for this year. Achieving 5 growth, it is already at the later stages of the year and looks like the growth in the first quarter will probablyjust 4. 6 or 4. 7 and you need a lot more effort to really hit that growth target. Talking of efforts to try and reboot growth, thailand will start handing out 300 to every Citizen Part of a 14 Billion stimulus package. The scheme has been criticised b
And is now the worlds fourth largest economy. It had been the second largest until china overtook it in 2010. Japan has also been battling a deflationary spiral for a generation, but that ended late last year. Mariko oi has been following the story for us from our asia business hub. What more can you tell us about ishibas economic manifesto . Well, his economic policies are still rather unclear. He has been criticised during the Election Campaign for lacking a clear economic vision. One thing we do know is that he was quite critical of the shinzo abe, who implemented investor friendly policies. During the Press Conference he held this evening he talked about how investors may have benefited, but not ordinary consumers, so we may see some changes there. The value of the japanese yen, it jumped the value of the japanese yen, itjumped because shigeru it jumped because Shigeru Ishiba itjumped because Shigeru Ishiba supported the independence of the central bank, as opposed to his oppositio
stress when in fact it s causing mental illness, anxiety, depression, suicidal thinking. john: welcome back as america reports rolls into hour number two. i m john roberts in washington. that s pretty stunning, sandra. sandra: really serious stuff. sandra smith in new, i don t. all new at 2:00, we speak to a mother who lost her son to suicide. she blames years of heavy cannabis use that made her son s delusions worse. her story and her warning just ahead. as we top a brand-new hour, any moment now we are set to see the pentagon take questions as u.s. troops remain stationed at the southern border with thousands of migrants still making their way into this country. president biden claiming the crisis is far less serious than some feared. how do you think things are going at the border, sir? much better than y all expected. john: the president claims things are looking great, more than 83,000 migrants were detained in just the past week, and given court dates to app
Was in a technical recession in the second half of 2023. Lets speak to carsten brzeski, global head of macro for ing research. Let me put back to you. What we learn from these figures about the health of the eurozone . We learn from these figures about the health of the eurozone . Health of the eurozone . We learn that the euro health of the eurozone . We learn that the euro zone health of the eurozone . We learn that the euro zone Economy Health of the eurozone . We learn that the Euro Zone Economy is. That the Euro Zone Economy is growing. On the back of the mild winter weather, we have had a bounce backin winter weather, we have had a bounce back in construction activity. We also saw that other things i do in better than expected. It is good for the euro is good for the eurozone economy. In the Fourth Quarter of last year growth was revised down. It does not mean that we are completely Out Of The Woods yet. We are going to see growth this year, but it will be a poor growth in europe