Erase linked to military interests, erase linked to political and military. Christy that it was so linked to mate and financial interests. And adventure full of hardships, dangers and death. 3 years that would change the world forever. But jillions journey around the world starts september 7th on d. W. Ah, trying to shore up a sagging economy. China Central Bank Cuts a key Interest Rate and well get an expert view on what that has to do with state and party leader, fusion ping trying to extend his hold on power. Also, as india celebrates 75 years of independence, well take a look at current challenges for an economy that lifted millions from harmony. And well go to the state of iowa, where some farmers have found a new source for much sought after fertilizer. Chris kolber, welcome to the program and economy struggling haunted by its own 0 coven policy and constant lock downs. Chinas central bank earlier today, trimming lending rates for the 2nd time this year, taking its key rate down
With both new investment and sales down sharply. Earlier i spoke to jab cup gunter, Senior Analyst at the Mercator Institute for china studies, and i asked him if he saw more than just Macro Economic reasons for the central bank to intervene for the 2nd time this year. Yeah, theres certainly more than just the Macro Economic factors, and when you look at this 10 basis points reduction, its quite notable because its the opposite of whats happening ever else in the world. Everyone else is rushing up their rates and trying to their, their lowering it effectively because they have the opposite problems that we have. United states and europe. Consumption is incredibly low and weak relative to supply. So theyre, theyre definitely trying to keep the economy from kind of falling out in large part because of the plumping investor and Consumer Confidence is coming as a result of kind of 0 policies. As long as it maintains that youre hoping, approach, consumer consumer Investor Confidence to be l
And im abenomicm anna edws manus cranny has the details. Israel lost the Stanley Fischer may be heading to the fed. Elliott gotkine has more from tel aviv. To settle over sanctions violations and more people will be flying in the next four years. Caroline hyde has the latest numbers from the International Airline transport association. Plus, the russian race to become the next market for online video. Ryan chilcote has more on the content wars. Bringing you some big interviews today on bloomberg television. The ceo of Viacom International media net work joins the pulse. You dont want to miss that at 930 a. M. London time. Pleasantly but here from the International Air transport association chief executive, tony tyler, joining bloomberg at 10 30 a. M. Gone public in the ipo priced at 20 per share 2. 35 billion. What are investors getting . Real estate and a darn good franchise. Thats how you wrap it up. Arehis valuation, they beating starwood which is seen as a much more upscale brand b
Transport workers in brazils biggest city remains on strike as world cup players begin arriving. Pakistans Busiest Airport has been attacked by me dressed as police. The Karachi Airport was under seem for five hours. The military says all 10 attackers were killed. There are reports that the Pakistani Taliban claimed responsibility. Reporter a deadly attack on one of pakistans Busiest Airports. An armed gapping carries out the daring occupation after storming the airport. This terminal is used to diplomats and cargo. Eyewitnesss inside the building say they could here loud explosions and gun fire. I heard the gun charge, and people where like just lay down, just lay down. We heard gun charge on and off. Reporter incoming flights were diverted to other airports as clouds of smoke billowed into the sky. The army was called in. Local television showed images of the suicide vests. Translation Security Forces confronted and killed them. They destroyed them. It is good that the operation was