I mean, these figures for trade are actually even worse than economists had anticipated in terms of exports. Its the weakest data since back in february 2020, when china, of course, was right in the thick of the pandemic. Why is this data so bad . Well, its mainly to do with chinas customers abroad. Theyre really struggling with high inflation, high Interest Rates. So theyre spending less money on chinese goods. And if youre a policymaker in beijing, well, its difficult to say what you should do about that. You cantjust force other countries to start buying more of your goods. But theres also more to contend with. If you look at the spending within china, thats also looking not very encouraging at the moment. Tomorrow, were expecting some more figures to be coming out, which will probably show Deflation Prices actually going down in china. Thats a bit more difficult to explain. But there are some people who think that chinas Zero Covid Policy went on for so long that customers just are
Hi there. Thank you for being with us. Indonesia generals who sees powers so they have closed airspace against what they call airspace against what they call a threat of intervention against them. A deadline expired for them to restore the ousted president or face the possible action from the west African Regional grouping known as ecowas. Thousands of people gathered in the capsule to support the Militaryjunta Support The Military Junta despite support the militaryjunta despite condemnation of soldier actions. Some majoring dominant neighbouring countries including mali, burkina faso and guinea have voiced support for the coup leaders and algeria which borders niger to the north says it is categorically against armed intervention. France says it will support efforts by ecowas to restore nigers elected president. The premise to meanwhile was in paris on saturday to meet lawmakers and Greeting Protesters against the coup outside the countrys embassy. Ive spoken to a senior associate at
That company is the saudio oil giant saudi aramco, and its feeling the effects of lower oil prices, lower than expected demand from china, and thinner Profit Margins for refining oil. Between april and june, the company made a Profit Ofjust over 30 billion, lot of money by anyone s metric, but significantly down from more than the 48 billion it made in the same period a year ago. The main reason is, as you can see here, that oil prices during the period were at the lowest point in the last year, as the boost they got from russias invasion of ukraine wore off. And last week, in an effort to keep them that way, saudi arabia said it would only produce nine Million Barrels a day. That extended Production Cuts by the 0pec group of big oil producers, who profit more from a higher price. When it comes to saudi aramco, those higher prices mean higher Dividend Payments for shareholders, and its boosted those to nearly 30 billion in the current period. So i put it to our middle east Business Cor
This is bbc news, the headlines. A warning from the un that the gaza conflict could lead to a broader conflagration across the middle east. The Us Supreme Court has ruled that donald trump can stand as a republican president ial candidate in the colorado primary. A State Of Emergency is declared in the capital of haiti after armed gangs carry out majorjailbreaks, freeing thousands of inmates. Night curfews are in force until wednesday. George galloway is to be sworn in as mp for rochdale. Speaking outside parliament, he said britain is at a dangerous crossroads for community relations. And we talk to a member of russian Protest Group pussy riot about the death of alexei navalny, and their hopes for the future. Sport and a full round up from the bbc sport centre. After wins for liverpool and Manchester City over the weekend its now down to third placed arsenal to keep themselves in touch in the Premier League. They are at bottom side sheffield united, a win at bramall lane would see the
Scientists say our oceans have hit their hottest recorded temperature largely because of Climate Change, with alarming implications for the planet. This week the average daily global Sea Surface Temperature hit almost 21 degrees celsius. Thats far above the average for the time of year and it beats the previous record set in 2016. The oceans are a vital regulator of the earths climate. Heres our climate editor, justin rowlatt. Theyve been taking measurements of Ocean Temperatures here in plymouth for more than a century. And for the last 50 or so years, theyve shown a slow but steady increase up about a third of a degree a decade. Have we got a reading for today yet, do you know . I heard them Say Something around 18 or 19, which is four Degrees Higher than it should be. Its been a similar pattern globally. Rising Sea Temperatures and increasing numbers of marine heatwaves. And it has just reached a new peak 20. 96 degrees celsius, the highest Global Average sea temperature ever record