Wall street for us so yes volatility continuing it looks like investors are still worried that increasing Interest Rates this year will hit corporate profits or is there more to it than. That is one of the major reasons and now we can officially talk about a correction because the markets are down ten percent from the recent highs and still nobody wants to talk about correct but that is pretty painful what were seeing right now the s. And p. Five hundred has seen a loss of about two trillion dollars in market capitalization just within about two weeks and if you look at it yes there is Economic Growth but how did we get there in the past also because of Debt Financing from consumers also from corporations and the government for sure as well private Household Debt stands at around thirteen trillion dollars thats a record Corporate Companies have taken about eight trillion dollars in debt in the past couple of years and now that rates and yields are increasing that becomes more expensive
Visiting friends i dont think id ever go back there to live you know where i live there again i dont know so im not sure. Bearing witness global news that matters. Made for mines. World trade is picking up two heavyweights of the World Economy report dumping think its china sees a rise in export as well as in imports in january and germanys economy has been at record breaking speed all year. Also as germany gets ready for a new government Business Leaders demand lower taxes from coalition government. And no deal is better than a bad deal kind of as trudeau as a warning shot towards washington while not. Renegotiations. This is the business as in berlin and we start the show with some good news for a change the World Economy is doing just fine i need proof well is too fresh sets of figures out today number one fresh from Germanys National Statistics Office german exports hit an all time high in twenty seventy the home country of donna vents on a dozen back speer ship close to one point
Built up for our sports team plus a germanys or probable new government gets the european stamp of approval and thats not just because berlin will contribute more to e. U. Budgets forget the details from brussels correspondent and the textile company in burke enough i also using the internet to fend off chinese competition a look at the quality cotton garments of that are a runaway hit in europe. Im loyal to her are great to have you along everywhere. The feud over north Koreas Nuclear Program Moves to center stage on the eve of the Olympic Games in south korea u. S. Vice president mike pence has arrived in seoul and is promising new more aggressive sanctions against the north while he met. With south korean president moon jay in following on his warning not to allow pyongyang to quote hide behind the olympic batter and today kim jong owner presided over a military parade a show of force after sending athletes and performers over the border well that move is seen as either a bit to tha
Wall street for us so yes volatility continuing it looks like investors are still worried that increasing Interest Rates this year will hit corporate profits or is there more to it than. That is one of the major reasons and now we can officially talk about a correction because the markets are down ten percent from the recent highs and still nobody wants to talk about corish but that is pretty painful what were seeing right now the s. And p. Five hundred has seen a loss of about two trillion dollars in market capitalization just within about two weeks and if you look at it yes there is Economic Growth but how did we get there in the past also because of Debt Financing from consumers also from corporations and the government for sure as well private Household Debt stands at around thirteen trillion dollars thats a record Corporate Companies have taken about eight trillion dollars in debt in the past couple of years and now that rates and yields are increasing that becomes more expensive
A commitment they find solutions. They inspire. Africa the. Stories of those people making a difference shaping their nation. And their continent. W. s new multimedia series for africa. Dot com africa on the move. With the. International economic heavyweights report about the export figures today germany and china but which country is doing so well its running out of a key part of trade wooden pallets. Canadian Prime Minister Justin Trudeau finds a warning shot of washington thats not the negotiations drag on he says. No deal could be better than a bad deal. And hows this for an in your face grocery bill tesco slapped with a four billion pound lawsuit of failing to pay men and women equally. And it was all lets do business bolens finally got some ammunitions you ease International Criticism over its huge trade surplus it shrunk for the first time in eight years and thats despite german exports hitting an all time high for twenty seventeen the nation behind die in the bents at the added