cloaked version of its early one. experts say the new ruling poses a significant challenge to google s payments business model and comes on the back of the $275 million fine charge by india s competition watchdog for abusive market dominance and anti competitive conduct. as we have been hearing, the fifa world women s cup kicks off in sydney in auckland. australia will be facing ireland and norway and take on new zealand. the tournament will last about a month and draws teams from each continent. katie silva has been following this story in sydney. there is a lot of enthusiasm about what this might bring for the future of the sport. to give you an idea tonight s game in sydney were supposed to be held here at the sydney football stadium, but they had to move it after 80,000 tickets were sold. people are desperately trying to buy tickets on the second hand market and is generating a lot
to mark its place in the sand saying that china can choose if it wants to be friends with the us and international if it wants to pursue partnership or instead take a more aggressive route when it comes to aspects such as taiwan and it seems this provocative announcement that comes at such a fraught time does seem indeed that china is perhaps choosing its path. katie silva, thank you so much. dissident farc rebels who rejected a peace deal with the colombian government in 2016 have said they are ready to begin negotiations to end decades of conflict. the leader of the group estado mayor central representing more than 3,000 leftist rebels said the talks would begin in a month s time. he suggested norway as a site for the negotiations after its role in the original peace deal. colombia s left wing president, gustavo petro, has promised to bring total peace to the country through dialogue with its remaining rebel groups.
importance of this relationship for both. this comes at a bad time really when it comes to the international community s pressure on china. just last night and here in asia we had the meeting of the foreign ministers for the g7. that is a three day meeting. we heard from the eu s top foreign policy executive joseph borel. he called on china, really, to mark its place in the sand saying that china can chooseif the sand saying that china can choose if it wants to be friends with the us and international if it wants to pursue partnership or instead take a more aggressive route when it comes to aspects such as taiwan and it seems this provocative announcement that comes at such a fraught time does seem indeed that china is perhaps choosing its path. katie silva, thank you so much. let s ta ke let s take a look now at some other stories making headlines.
of a possible recession in the pipelines. our business reporter katie silva who has been looking into the details of the story for us, joins me now on the program. katie, it is always great to see you on asia business report and this seems like relatively good, doesn t it? it does. it has been welcomed in high quarters. president biden, for example, saying that it gives american families some breathing room and particularly pointing to the fact that we ve seen the greatest reduction in the costs of gas as well as food and grocery expenses things that are very important to american families. but the excitement should be tempered somewhat. of course, the us like many major economies pursues an inflation target in the order of around 2%, so 5% is still a long way off that, and if we were to take out those impacts of the fuel and food prices, that would leave us with a figure called core inflation and, in fact, core inflation actually rose,
a far cry from the 9% we saw in june but there are warnings of a possible recession or the pipelines our business reporter katie silva has been looking into the details of the story for us. it is always great to see you on asia business report at the seems like relatively good doesn t it? fit at the seems like relatively good doesn t it? of course. as we mentioned good doesn t it? of course. as i we mentioned a huge drop since lastjune. 5% inflation down from 6%, its well and truly been welcomed in high quarters, president biden saying it gives american families some breathing room in particular pointing to the fact that we ve seen the greatest reduction in the costs of gas as well as food and grocery expenses, things that are very important to american families. but the excitement should be tempered somewhat. up was the us like many major economies pursues an inflation target of 2% so 5% is still a long way off that and if we were to take out those impacts of the fuel and food pric