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. We begin with an ongoing tragedy in hawaii. At least 36 people have died in wildfires and President Joe Biden has issued a major Disaster Declaration. Hawaiis governor says it was the deadliest Natural Disaster for hawaii for generations and he expects the number of deaths to go up significantly. Thousands of people have been forced to leave their homes and hospitals are treating patients for burns and smoke inhalation. Our North America correspondent nomia iqbal has this report. Much of the Hawaiian Island of maui is now scorched earth. A pilot can hardly believe what hes seeing. Oh, my gosh, look at the harbour this looks like baghdad or something. The Historic Town of lahaina barely exists any more. Since the fire began on tuesday, it has ripped through, fuelled by Hurricane Force winds, leaving burnt out cars on once busy streets, and instead of historic buildings, there are Smoking Piles of rubble. Everybody still out here, its time to go for
Not to miss step in either direction, whether that is cutting Interest Rates too soon or too little too late. He will have more to say in front of the Senate Banking committee on thursday. In other news making headlines, a former Google Software enginer has been indicted in california on charges of stealing Trade Secrets related to the compay s Artificial Intelligence technology. Our Asia Business correspondent katie silver has been tracking the developments and joins us live from our newsroom with the latest. Arrested at home in california charged with his former counts of stealing on behalf of two Chinese Companies stealing ai. What we understand he still was data related to googles large model of learning is, what theyre doing in order to train up theyre doing in order to train up their big data centres. It is alleged that he started the company in 2019 as a software engineer, did hisjob legally for three years and then in 2022, started being courted to be the chief Technology Offic
Being a lot lower in 02 this year than they were last year. As we well remember, they were running up sharply by last year. Bp has realised that prices were down by just under 40 year on year and a biggerfall, they realise just under 40 year on year and a bigger fall, they realise that gas price, 45 and also down by a 30 , that explains why the puppet are lower this year than last year. Lower, but still quite an impressive number nonetheless. It will always raise criticisms about windfall tax with big energy firms doing well on the back of these prices, though as you have said, they have come down from their peaks. Bp is not a big player in the uk any more. Its from their peaks. Bp is not a big player in the uk any more. Its not a big player. Player in the uk any more. Its not a big player. But player in the uk any more. Its not a big player, but reasonably a big player, but reasonably important. They pay tax there and i think, looking at figures, it is gone away, given the price of co
Ambassador, thank you very much forjoining us here in our studio. Military coup leaders in niger have on monday arrested two more cabinet ministers, as well as the head of the governing party. What do you make of these latest developments . I mean, that shows that thejunta has no intention to respect human rights as he started by claiming that he will do that. And again, i mean, this coup has really no reason whatsoever. There was no political tension. There is no situation, Security Situation that is worsening as they claimed, that just faints. The Security Situation is improving in our country. You know, you accept to power by the ballot, not by the bullets. And we have elected a legitimate president , mohamed bazoum, and we want him to be restored, like all the International Community echo us, the regional body, the african union, the United States of america, france, all our european union, all are asking them just to give back power to preseidnt bazoum. You mentioned aikawa. I do