But in not all restrictions have been restricted. Some remain on items like lobster and wine. I spoke to clive russell, who explains whats changed between beijing and the changed between beiing and the centreleft changed between beijing and lie centreleft Labour Government was replacing the right wing government. That allowed a reset of relations between beijing and camera, which had been rocky. There had not been benefit for other party from the action china took. It cost china a lot of money, so it wasnt really a win for them and it didnt hurt australia as far as australias miners were able to find alternate markets and didnt suffer that much at all. ~. ,. ,. , all. Whether or not any businesses all. Whether or not any businesses that all. Whether or not any businesses that have i all. Whether or not any. Businesses that have been affected because of this tariff as beijing had hoped . It affected because of this tariff as beijing had hoped . As beiing had hoped . If you look as beiji
beaten a record set by open air chat app, signing up more than 100 million users in under five days. now, it was just last wednesday that threads went live on apple and android app stores in 100 countries. meta boss mark zuckerberg said he couldn t believe the milestone had been reached so fast, but it feels like lots of people are already on it. well, that s partly because it s connected to instagram. meta, remember isn t creating an app from scratch. it s benefiting from its two billion instagram followers, and that s giving it a massive shot in the arm. analysts are calling this the first serious threat to the elon musk owned twitter. according to similarweb, twitter s web traffic was down 11% from the year prior. that s in the days immediately after threads launch. it s worth remembering threads is not the first attempt to challenge the micro blogging app, but others such as mastodon, blue sky and truth social, well, they all remain still pretty small right now. as histor
pace, that is the message from the federal reserve. america s central bank. the policymakers says they intend to raise interest rates practice in its july after taking a break last month to assess the impact of ten brevis increases. it comes as americans are having to pay more for basic goods, but while officials seem to be an agreement are for what to do next, after the meeting on wednesday, there was disagreement over the decision to hold off untiljune. some say they could ve supported a rate rise last month because inflation remains well above its 2% target. the minutes show how policymakers are grappling with how to tame inflation after it hit a high last year, even as they left the benchmark rate unchanged in a five to five and a quarter percent, almost all officials believe more rate hikes are needed. i had of thejuly meeting, there are two marquee pieces of economic data that is due out to the statement a chapter practice friday and consumer inflation next week. us tre
and ukraine to national security and an ongoing trade dispute. what s at stake? let s speak now to the duncan wrigley, chief china plus economist at pantheon economics. talk to me about trade because we know they don t see eye to eye on politics but they are also hugely dependent on each other for business. what is at stake in this dispute? business. what is at stake in this disute? ~ , ., dispute? absolutely. the two countries dispute? absolutely. the two countries are dispute? absolutely. the two countries are meshed - dispute? absolutely. the two countries are meshed in - dispute? absolutely. the two l countries are meshed in terms dispute? absolutely. the two - countries are meshed in terms of trade flows, although the us has been trying to at least develop some of the more critical industries at home, like electric vehicles. at stake here is both countries are trying to put a bottom under the relationship which has been deteriorating the last few years and, i think w