Hello and welcome everybody, its 10 30 am here on the iron capital tehrani, youre watching press tvs world news, our top story for this half hour iran strong condemns britains medals statement its latest satellite launch saying it reflects the uks anger at the Islamic Republic scientific progress, Foreign Ministry spokesman aser canon said londons interfering remarks will not weaken the iranian nations determination to break new grounds in the fields of science and technology. He added that achieving scientific and Research Advances including in the field of aerospace is irans inalienable right. Can ani said the uk has a long history of taking hostile stances against iranian people. He added that International Laws put uh no restrictions on irans Scientific Activities and the country is entitled to use peaceful technologies in its march towards scientific development. Iran successfully launched its nur 3 imaging satellite. Last week, london denounced the move saying that it proved terr
Im francine lacqua. Lets get straight to the bloomberg first word news with nejra cehic. Nejra frances foreign minister says there is total cooperation between his country and egypt after a plane flying from paris to cairo vanished over the mediterranean. The mystery surrounding the disappearance has deepened after greek authorities dismissed reports that debris from the aircraft and been found. Investigators say flight 804 made a series of terms before descending rapidly. 66 passengers and crew were on board. The pilots sent no distress signals. Aircraft washe approximately 10 to 15 miles inside egyptian airspace at an altitude of 37,000 feet, executed a turn 90 degrees left, then a turn of 360 degrees to what the right, dropping from 37,000 to 15,000 feet, and then the picture we had was lost at about 10,000 feet. Nejra new york fed president bill dudley says the Federal Reserve is moving closer to raising Interest Rates. His remarks echo sentiment in minutes at the fomcs april meeti
Are often the most important source of income. That works as long as demand is high. Then Companies Make big profits. For some time demand has decreased. Markets are saturated and prices of hit rock bottom. Over the past five years the bloomberg Commodity Index has fallen by 50 . A key reason for this is chinas economy. Growth there is weaker than it was so companies are importing less. Many raw material suppliers are now left with piles of unsold stocks. Chinas problem is a global problem. It is the iron or capital of the region. Most of the towns residents work in the mining industry. 10 years ago iron was still in demand. The companies flourished and so did the town. Then demand for the raw material dropped. Work slowed. She grew up there and her family has long worked in mining. She remembers many good times. She spends a lot of time out in the community it is been the hardest hit of all the commodities. More than 6000 declines. Job losses of the big fear here. Iron ore is planning
Basic commodities rule the world. Exports of oil and coal are percent of multimillion dollar business for many countries. Are often the most important source of income. That works as long as demand is high. Then Companies Make big profits. For some time demand has decreased. Markets are saturated and prices of hit rock bottom. Over the past five years the bloomberg Commodity Index has fallen by 50 . A key reason for this is chinas economy. Growth there is weaker than it was so companies are importing less. Many raw material suppliers are now left with piles of unsold stocks. Chinas problem is a global problem. It is the iron or capital of the region. Most of the towns residents work in the mining industry. 10 years ago iron was still in demand. The companies flourished and so did the town. Then demand for the raw material dropped. Work slowed. She grew up there and her family has long worked in mining. She remembers many good times. She spends a lot of time out in the community it is b
Are often the most important source of income. That works as long as demand is high. Then Companies Make big profits. For some time demand has decreased. Markets are saturated and prices of hit rock bottom. Over the past five years the bloomberg Commodity Index has fallen by 50 . A key reason for this is chinas economy. Growth there is weaker than it was so companies are importing less. Many raw material suppliers are now left with piles of unsold stocks. Chinas problem is a global problem. It is the iron or capital of the region. Most of the towns residents work in the mining industry. 10 years ago iron was still in demand. The companies flourished and so did the town. Then demand for the raw material dropped. Work slowed. She grew up there and her family has long worked in mining. She remembers many good times. She spends a lot of time out in the community it is been the hardest hit of all the commodities. More than 6000 declines. Job losses of the big fear here. Iron ore is planning