Here in lebanon, theres shock at the scale of these attacks and fear about what could be next. Tonight, thousands of israeli troops have been moved from gaza to the north of israel. The White House is warning all sides against any escalation. Also on the programme. Trouble inside the Labour Party as we reveal that Sue Gray the prime Ministers Chief of staff earns more than sir Keir Starmer. A major Drone Strike in russia Ukraines President hails what he calls a very important result on russian territory. Commentator again in with pace. The header, and the goal celtic open the scoring in their Champions League Tie tonight, but was it enough to secure victory . Well bring you the result. On bbc london. On newsnight at 10 30 tonight well bring you fresh insight into the stories of the day, with big interviews and our regular panel of newsnighters. And, of course, look at what the papers are saying about tomorrows news. Good evening. Israels Defence Minister says the country is opening a n
China is experiencing a rare episode of sliding prices. Japans economy experienced this back in the 1990s and early 2000s. Now, this comes hot the heels of disappointing china trade data on tuesday, which showed that exports sank at their fastest rate since the pandemic, dropping by more 14 in the year tojuly, with imports also falling by more than 12 in the same period. Joining me now is duncan wrigley, Chief China Economist at pantheon macroeconomics. Thank you very much for being with us today. The Rest Of The World looking on in amazement. Considering the inflationary pressures the rest of us are dealing with. What do you read Between The Lines in this latest data . Between the lines in this latest data . Latest data . Ok, i mean, there are some latest data . Ok, i mean, there are some shortterm latest data . Ok, i mean, there are some shortterm factors i are some short term factors that push down the data for this month, there has been a surge of seasonal vegetables, the big pictu
In the 90s and early 00s. Now this comes hot on the heels of disappointing china trade data on tuesday showing exports sank at their fastest rate since the pandemic. Global demand for chinese made goods is falling, down more 14 in the year tojuly. But domestic demand is down too with imports also falling by more than 12 in the same period. Earlier, i spoke to janet mui, whos the head of Market Analysis at rbc brewin dolphin, and she explained where the deflation was coming from. Deflation data, basically mostly coming from food prices and also commodities prices like raw materials, energy, etc. Actually, if you look at the underlying inflation, things like services, things like tourism, leisure, hotels, actually they are up. The Core Inflation is up from 0. 4 to 0. 8 , but obviously its still pretty muted. So overall, i think it is a concern that china prices are contracting and it could be lasting for a while as well. How likely do you think it is, though, that china is going to be
In the 90s and early noughties. This comes hot off the heels of disappointing china trade data on tuesday showing exports sank at their fastest rate since the pandemic. Global demand for chinese made goods is falling down more 14 in the year tojuly. But domestic demand is down, too, with imports also falling by more than 12 in the same period. Earlier, i spoke to janet mui, whos the head of Market Analysis at rbc brewin dolphin, and she explained where the deflation was coming from. Deflation data, basically mostly coming from food prices and also commodities prices like raw materials, energy, etc. Actually, if you look at the underlying inflation. Things like services, things like tourism, leisure, hotels, actually they are up. The Core Inflation is up from 0. 4 to 0. 8 , but obviously its still pretty muted. So overall, i think it is a concern that china prices are contracting and it could be lasting for a while as well. How likely do you think it is, though, that china is going to
By former lawyer Rudy Giuliani. Paula reid has more. Reporter Special Counsel jack smith is now in possession of thousands of documents that were created by Rudy Giulianis team in the days and weeks following the 2020 election. This team was tasked with trying to find some evidence of fraud. One of the people on this team is the former new York Police Commissioner Bernie Kerrik. He is a close associate of Rudy Giuliani and he has been in possession of a lot of these documents, the january 6 committee was trying to get all these materials, but he would not hand them over even though he is not a lawyer, he claimed that he was working for the legal team and therefore they were privileged. But in recent weeks, the Special Counsel investigators have reached out to kerrik to schedule an interview and also to collect evidence and after they reached out, kerrik went to the Trump Campaign, had them review the materials and Trump Campaign were told said look, they were not going to argue privile