Iran sanctions on iran more and more International Businesses of fleeing the country leaving the economy in freefall. Path and flying high keep your seat belts on it could be turbulence ahead the warning to investors from Cathay Pacific. I mean physical and thats the Business Global trade tensions of sparking central bank is into action rate cuts in a whole host of asian economies this wednesday the moves are also based on poor Economic Data the latest coming from europes economic powerhouse germany where Industrial Production fell back in june german industrial leaders say Companies Must price themselves. India cut its Benchmark Rate by 35 basis points a bit deeper than expected and it wasnt the only country surprising investors on wednesday Thailand Central Bank unexpectedly lowered rates for the 1st time in 4 years and new zealand cut by 50 basis points to its lowest level ever one percent
new zealand is a Major Trading partner of china where purchases have slowed and a trade war wi
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the unrest was affecting cathay pacific business. we have most recently seen a falloff in future bookings over the next few months particularly for inbound travel to hong kong. it s too early to make predictions with respect to the year and peak travel period the previous experience indicates the travel markets recover fairly quickly when everything settles down. slow sard specs a better 2nd half our airlines normally perform better in the 2nd half of the year than in the 1st we don t expect this trend to change but we do foresee more volatility and an ever more challenging operating environment. despite the impact of the protests sloths are said cathay pacific would continue to make significant investments in strengthening hong kong standing as asia s largest international aviation home. and a systems malfunction has forced british airways through to play or canceled the
a time there hong kong based cathay pacific says unrest in the financial hub has hit bookings it s also wired about trade tensions the airline is warning shareholders to buckle up after a smooth flight through the 1st half of the year. hong kong s flagship carrier cathay pacific was flying high in the 1st half of this year the airline reported earnings of $172000000.00 u.s. dollars in the 1st 6 months after notching up a loss in the same period last year. good news for the asian carrier but cathay is still facing turbulence not least from the protests that have rocked hong kong for the past weeks. but. a general strike this week also calls chaos at the airport and grounded more than 160 flights some cut they stuff took part in the protests and one of the demonstrators arrested was reportedly a cop a pacific pilot. chairman john sloths are said
a bad guy on this trip the enormity of this event something that only yesterday will be able to care at. all evan is very simply been given a mission carrying men to the moon landing them there and bringing them safely back . like this is a movie 50 years in the making all the footage is original the voices are original no new shots no narration apollo 11 gives audiences a front row seat at the 1st manned moon landing as it really happened. the team of filmmakers used brand new technology to restore nasa footage from 1969 . we were all dumb struck immediately at how beautiful the cinematography was the detail in the footage that we were seen was