Funding that aids or supports china or that directly or indirectly counters chinas unfair competition and malign activities and influence globally now this comes from a document titled strategic competition with china crosscut but that document does not indicate how the information is going to be used it only currently says that it will inform policymakers on the many different ways the u. S. Spending involved china on the campaign trail us President Donald Trump continues to hit china as a work that still needs to be done to protect the u. S. I think were way ahead of what we were 4 years ago and is far more enthusiasm our base is bigger stronger and weve done the greatest job again if we didnt get hit by the plague from china this thing we wouldnt even have between us i wouldnt cancel the congressman most of the rallies i wouldnt need it around and. Thats a little bit unfair but thats ok thats what john is done to our name. Theyve screwed us for a long time or a lot of different ways
This is boom bust the one business show you cant afford to miss friendship or in washington coming up the jobless claims in the United States have fallen to their lowest point since the beginning of the coven 19 pandemic straight ahead we dive into the numbers and follow the trend on the cases as they continue to fall plus volatility has surged over the last few months causing safehaven assets to jump but is the bull run here to stay later on were going to bring in some expert analysis to break down the performance of safe havens and the gold big divide with a packed show today so lets dive right in. And we lead the program with those better than expected job numbers out of the United States new jobless claims came in at 881000 for the week ending the 28th of august according to United States Labor Department now analysts had expected 9950000 new claims for the week continuing claims thats the measure of those who have filed claims for 2 weeks or more fell by 1240000 to just over 13000
Going to happen then kristie. Well this one to be really interesting because after world war 2 we had a massive growth and that was predominantly. Done by the u. S. And also with china we relied a lot on the trade between like us and china in order to revive growth in order to boost a lot of that post the world war 2 in order to prevent this massive recession in order to get us out of the deficit but the problem is right now the entire world has kind of plateaued in this because theres no country that is currently in this v. Shaped recovery that every single economists predicted and theres absolutely very little chance that theres going to be a vaccine ready by the end of this year as many people have been optimistically hoping for so in that vein there is going to be a lot of heavy reliance on the u. S. As the global g. D. P. Power in order to try to in order to try to spur on additional growth but and right now with the conflict between us and china its going to be very detrimental b
Epidemic your my father should have been met would have meant to help special and i have big old industry he did not deserve big was treated like an animal a local media have shared on internal Police Report in which the officers actions were described as appropriate and consistent with their training however the mayor of rochester ny on stone thursday about the policemen involved in the death of daniel proved have been suspended i am suspending the officers in question today what i saw in that video. Was a man who needed help. A man who needed compassion a man who needed humanity. A man who we should have been suspected. A man who was in crisis. Our response to him. Was wrong. Next on our to International Week of Business News squeezed into less than 25 minutes your recap starts right after the shortest break season. I. This is boom bust the one business show you cant afford to miss branch of boring washington coming up jobless claims in the United States have fallen to their lowest p
More on our web site bbc. Co. Uk news and the news app. Now on bbc news, live to singapore for Asia Business report. Feeling the pain of an expense that garbled. Doesnt gamble. Softbank reporting its first quarterly loss after a decade after bailing out wework. Hoping to make progress on an eu china trade deal. Its wednesday good morning, as are, hello world. Lad you could join us for this edition of Asia Business report. Im regular hes on. Lets kick off the programme with softbank because it is expected to report its first quarterly loss for a decade. It bailed out wework recently. The firm, which softbank now controls has plummeted from 50 billion in value tojust 8 has plummeted from 50 billion in value to just 8 billion in 2019. Vivian nunes has more from new york about softbank latest challenge. From my property to a humiliating bailout, wework faced a cash crunch last month and still softbank came to the rescue. Now investors will be looking at how much damage wework has caused to