France are still raging on r. G. P. Correspondent Charlotte Dubinsky brings us the latest from paris on the impact the movement has had on the nations economy and later facebook is yet again back on the fire as a social media giant has found itself in federal court for anticompetitive practices r. T. Correspondents and months as they are that is standing by to take a deeper dive into the controversy and what maybe it had by the embattled tech company. Today so lets get to it. Official figures where china shows the country expanded by 6 point one percent and 29000 year over year which is the lowest figure and 29 years last year china has struggled with weak domestic demand and suffered impacts from the bitter trade war with the u. S. The 6 point one percent is down from its historical double digit growth however policymakers maintain that this is within the governments target range policymakers have for many years been trying to gradually step down expectations and slow the unsustainabl
Policymakers maintain that this is within the governments target range policymakers have for many years been trying to gradually step down expectations and slow the unsustainable growth that has polluted the environment and lead to an explosion in debt 29000. 00 ended on a solid no with industrial output investments and retail sales all rising more than expected however chinas annual aluminum production fell for the 1st time in 10 years and unsurprisingly chinas pork output plunged to a 16 year low as the african swine fever killed millions of pigs down 21 percent imports of pig pork surge as china is also the worlds biggest pork consumer which in turn caused chinas food prices to soar to an 8 year high. This is fascinating because weve seen actually World Markets react in a positive nature due to these numbers despite the g. D. P. Of china going down now we kind of expected this and this was all because we couldnt maintain those double. Numbers correct correct its because it is now a
A couple of aluminum outages this past year there were a couple accidents and explosions in the factories and that contributed to the decline in output so if you look at the output for the overall metals and Materials Market which includes Aluminum Steel market 10 copper etc that is actually up 3. 5 percent exactly in line with expectations and also hitting an all time record high and its interesting to see whether this will actually take effect into the phase 2 if steel and aluminum because that was a big portion of why trump started this trade war in the 1st place was the what he called characterizes as the Illegal Dumping of inferior steel on the u. S. Market so well definitely take a look at that as we move forward. The strikes in france. Really strikes in france to do proposed reforms by president Emmanuel Crown have been ongoing since early december while the numbers in the streets are dwindling the lose museum in paris was forced to close friday as dozens of protesters block the
Or remain in the shallowest to join us in the death. Or remain in the shallowest. Do. During the Great Depression which im old enough to remember there was. During the Great Depression which im old enough to remember there was and most of my family were unemployed working class there wasnt it was bed and most of my family were unemployed working class there wasnt it was bed you know much worse subjectively than today but there was an expectation that things were going to get much worse subjectively than today but there was an expectation that things were going to get better. There was a real sense of hopefulness there isnt better. There was a real sense of hopefulness there isnt today. And today. Inequality is really unprecedented im sure that inequality is really unprecedented im sure that total inequality its like the worst periods of American History. Total inequality its like the worst periods of American History. But if youre fine. d but if youre a find it more closely inequality
Degrees ahead of sunrise and will be in the 50s in San Francisco. Well see upper 70s inland, even a few low 80s. Well talk about this and how long it will last throughout the week. Mike, youve been tracking a couple of recent crashes. Thats right. The one at the bottom of your screen, 87 at the Santa Theresa off ramp the most recent one. Sounds like it affects only the off ramp near the bottom of the ramp. No injuries. The rest of the bay shows a smooth drive. I want to warn you though, there was a crash at 680. The lanes have cleared, no cars there but there may be some debris and thats not pleasant in the morning. Meanwhile, the rest of Contra Costa County moving nicely. The bay bridge, a mild casualty with a couple cars. Back to you. Breaking news, another tech giant promising billions of dollars in money overnight to help you or someone you know find Affordable Housing across the state. This time apple says it has a plan. Chris sanchez live in san jose with the highlights. Reporter