And shipping shes in the summer heat at top speed to meet demand in more of africa where prices are surging prior to the holiday. This is d. W. Business im joined on in berlin welcome it may be called the u. S. China trade war but it could be the World Economy loses out fears of a steadily dimming outlook as investors dumping stocks and running for safe haven. India the country where gold prices have soared to an all time high it was one of 3 countries to take markets by surprise on wednesday the Indian Central Bank cut its benchmark rate by 35 basis points more than analysts expected. But india wasnt the only surprise for investors Thailand Central Bank unexpectedly lowered rates for the 1st time in 4 years and the reserve bank of new zealand cut the benchmark rate by 50 basis points to one percent the lowest level ever this series of rate cut decisions could be a sign the u. S. China trade war is taking its toll and central bankers are trying their best to avert recessions cutting In
This is broadcasting around the globe and covering the world of business and finance of the impact upon us all on the inner burrito and im christiane washington heres a look at whats on deck today joyce the bank stock is bleeding after the Company Begins a massive layoffs period International Regulatory attorney miles edwards is standing by to delve into digest shrinking pains. That are back up after iran has responded to its tanker being seized in off the coast of japan alter taught or with above the training joins us to sift through the seizure on the seas and later British Airways is facing a major record find over its data breach molly barrows contributor to americas lawyers lend us a hand to check in on the turbulence facing the english airline showed today the lets go and die right in. A dismissal by president ial decree for the governor of Turkeys Central Bank leads our global report today as president crosses a new line in his push for lower Interest Rates the turkish president
People and tourists but witnesses say the visitors dont appear to have been the target the guy who blew himself 50 bettors away from the French Embassy and the security around the area is very very high actually for the border a double leg people were doing their business having kids outside of the what was expected actually constructed for what earlier in the day gunmen attacked a t. V. Station in the state of gaffes south of the capital a state of emergency has been imposed in 2 media for the past 4 years since dozens of people were killed in a series of attacks which i saw claimed responsibility for 3 gunmen stormed a museum in the capital tunis killing 22. 00 people in march 20153 months later 38. 00 people were killed in an attack on a Beach Resort Hotel at seuss and last october a woman blew herself up in central tunis killing herself the wounding 9 opposite many chinese ians he rely on tourism for their income say theyre nervous about the future you go back and he said next actu
Fell by 11 percent on monday after the weekend announcement that the bank had filed fraud claims with police and regulators the Indian Central Bank says they discovered that nearly all of their half 1000000000. 00 loan to sean was diverted after taking a closer closer look at the bar was books in the wake of the seans bankruptcy p. N. P. Has been under scrutiny for lax lending since seeming to lose nearly 2000000000. 00 the bank lent to the companies of the fugitive financier and former celebrity jeweler miramonte and mr modis uncle. Bank begins its a radical overhaul on monday as it exits its Investment Banking and Trading Operations and lets go 20 percent of its workforce the struggling lender is splitting off 74000000000. 00 euros of its assets in an attempt to focus and invest its core units and Retail Banking and european corporate clients the 8300000000. 00 Restructuring Plan is the largest in the banks history as it intends to come. At its risk weighted assets by 40 percent this
Fraud claims with police and regulators the Indian Central Bank says they discovered that nearly all of their half 1000000000. 00 loan to shawn was diverted after taking a closer closer look at the bar was books in the wake of the seans bankruptcy p. N. P. Has been under scrutiny for lax in london since seeming to lose nearly 2000000000. 00 the bank lent to the companies of the fugitive financier and former celebrity jeweler miramonte and mr modis uncle. Bank begins its a radical overhaul on monday as it exits its Investment Banking and Trading Operations and lets go 20 percent of its workforce the struggling lender is splitting off 74000000000. 00 euros of its assets in an attempt to focus and invest its core units and Retail Banking and european corporate clients the 8300000000. 00 Restructuring Plan is the largest in the banks history as it intends to cut its risk weighted assets by 40 percent this. After it had already lost 1600000000. 00 on a munis investment it bought before the