This is counting the cost on aljazeera your weekly look at the world of business and economics this week the princes purge some of the richest royals and businessmen in the arab world under arrest well look at what it means for saudi inc. Also this week a potential banking shut down in the kurdish region of iraq well look at how the secession referendum is affecting the economy. Plus the trumps meet the g. s what are trade relations between the worlds biggest economies really warming up or is it all just lost in translation. Its got a four and a hostile rating on trip advisor but the Ritz Carlton Riyadh is more like a five star prison for saudi princes ministers and billionaires theyre being held there on corruption charges crown Prince Mohammed bin sandman is trying to shake up saudi arabia wresting more than two hundred people the crackdown on the kingdoms elite is seen by many as consolidating his power of Credit Ratings agency said it could bring a backlash and create a Political U
Welcome. Youre watching the pulse live from bloombergs European Headquarters. Were here in london. Im guy johnson. Im francine lacqua. This is our top story. G. D. P. Came in ahead of economist estimates and dashed some hopes for large scale stimulus in worlds second largest economy. Bloomberg economist tom joins us from beijing with details. First of all, are we being overly aggressive when we said there was a surprise on the upslope . This is still the weakest data we have seen since 2009. I think that is a good way of looking atice, guy. 7. 3 growth in the Third Quarter was slightly better than 7. 2 expectations but only really marginally better. If you dig into the details of what is behind that number, what you see is continued weakness in the domestic economy. Real estate has to have been the biggest headache for chinas leaders, continued contraction in sales and property. That is being offset by the u. S. Consumer, a little bit little forms of exports a little stronger in the Th
The world work for the desert states but the countries are in dispute with one another. What is the purpose behind the gulf nations run architecture and art. Because theyre museums we do actually have a very open and diverse look into the audience the culture what we need to bring we do bring things into the country from different cultures but we also take things to different cultures like this to actually see what we are and who we are actually the plan is to continue making museums and continue showing our collections and showing educating the public about the different times different histories different cultures that weve all been through. Here in doha many people collect art including the ruling family attorney. In terms of Cultural Investment carter is among the worlds leaders although its a small country only some twenty thousand square kilometers in size. Today is a Public Holiday and everyone is out and about both the Qatari Citizens and the many hundreds of thousands of Forei
Another. What is the purpose behind the gulf nations run architecture and on. Closer museums we do actually have a very open and diverse look into the audience the culture what we need to bring we do bring things into the country from different cultures but we also take things to different cultures like this to actually see what we are and who we are actually the our plan is to continue making museums and continue showing our collections and showing and i do katie the public about the different times different histories different cultures that weve all been through. Here in doha many people collect art including the ruling family attorney in terms of cultural investment. Qatar is among the worlds leaders although its a small country only some twenty thousand square kilometers in size. Today is a Public Holiday and everyone is out and about both the Qatari Citizens and the many hundreds of thousands of Foreign Workers from india and pakistan and many other countries. Qatar believes in e