China is experiencing a rare episode of sliding prices. Japans economy experienced this back in the 1990s and early 2000s. Now, this comes hot the heels of disappointing china trade data on tuesday, which showed that exports sank at their fastest rate since the pandemic, dropping by more 14 in the year tojuly, with imports also falling by more than 12 in the same period. Joining me now is duncan wrigley, Chief China Economist at pantheon macroeconomics. Thank you very much for being with us today. The Rest Of The World looking on in amazement. Considering the inflationary pressures the rest of us are dealing with. What do you read Between The Lines in this latest data . Between the lines in this latest data . Latest data . Ok, i mean, there are some latest data . Ok, i mean, there are some shortterm latest data . Ok, i mean, there are some shortterm factors i are some short term factors that push down the data for this month, there has been a surge of seasonal vegetables, the big pictu
Brawl at a riverfront started by a group of white men shoving a Black Dockworker. Right now in ohio, a high stakes Special Election for a proposal to make it harder to change the states constitution. How that could have implications beyond the buckeye state. We begin this hour with the very latest on former President Trumps legal troubles. Trumps legal team and jack smiths office is locked in a battle over a protective order in the election interference case. That order is aimed at protecting the governments evidence before trial, and trump wants something much narrower. The judge over seeing the case is ordering both sides to come together for a hearing together. With us, msnbc legal analyst, lisa ruben. Lisa, lets start off by defining what a protective order is in this case. A protective order, jose, is something that governs discovery in a civil or criminal case. Discovery is essentially the evidence that the government would be relying on whether that is statements by witnesses, t
Hi there, thank you for being with us. We begin with some Breaking News from the brazilian city of belem, where leaders of eight South American countries which share the amazon have been meeting for a landmark summit. The leaders have issued a joint declaration, saying they have established a new alliance, aimed at preventing the amazon from reaching a point of no return. But leaders appear to have stopped short of pledging an end to deforestation by 2030, as brazils president lula, who is hosting the event, had hoped. Our South America Correspondent Katy Watson reports from para, which is the state with the highest Deforestation Rate in the country. Virgin forest still exists here in the amazon, but every day the illegal loggers get closer. From up high, you can see the damage done, the large patches of land totally cleared. This part of brazil has the highest rate of deforestation in the country. Underjair bolsonaro, Illegal Logging soared. President Lula Da Silva has promised to fix
Saying that he will talk about the criminal charges he faces just as the judge in the January 6th Case sets a new date for his lawyers and the Special Counsel to appear in court. Plus, a big win in ohio. Voters overwhelmingly reject efforts to make it harder to change the states constitution. What this now means for the upcoming November Ballot measure on abortion. And a major Leadership Shakeup in the president ial campaign of Florida Governor ron desantis. Well tell you who he just replaced as he tries to reboot his struggling 2024 bid. Good morning. Welcome to way too early on this wednesday, august 9th. Im jonathan lemire. Thanks for starting your day with us. And weve got a busy show of news. Lets get right to it. Donald trumps lawyers have been called to appear in court later this week after a judge rejected their apparent attempt to delay what is normally a routine procedure in the 2020 elections case against their client. After days of back and forth regarding a protective orde
Wall street was being red on tuesday, bank stocks leading the way. Shares in Goldman Sachs fell 2 . The catalyst was moodys downgrading the Credit Rating on several small and me us banks, including mmt and pinnacle financial. The red flag is raised by the Ratings Agency including a potential recession as well as problem so to the commercial real estate set up. As one analyst put it, any doubts about regional banking is bad for market sentiment. That wasnt helped by data from new york federal reserve, which showed that for the first time americans owed more than 1 trillion on their credit cards. Traders have also been focused on corporate results, which so far have been better than expected. That was true for lyft was reported results after the us market close, ebbo s small arrival is forecasting higher revenue in the Third Quarter based in part on a post pandemic rebound in road sharing. Rivi and posted a narrower loss than expected and raised its Production Guidance for the full year.