Of retail is changing. Well hear from The Boss of ingka about what it means to go phy gital. Live from london this is Business Today, im sally bundock. We start in the united states, where Donald Trump haS Pledged the us would take other countries jobs if he returns to the white house. Hes laid out hiS Plans to slash taxes, lower Energy Costs and regulations for manufacturers that made goods on us soil. At a Campaign Rally in savannah, georgia, trump promised a Manufacturing Renaissance reiterating hiS Pledge to punish american companies that manufactured outside the us, and slap large tariffs on foreign made goods to protect us industries. Not only will we stop our Businesses from leaving for foreign land but under my leadership we are going to take other countries jobs. Leadership we are going to take other countriesjobs. Ever leadership we are going to take other countries jobs. Ever hear that expression before . That we are going to take other countries jobs, are going to take othe
Joining me now is satyam panday, Chief Us and Canada Economist at S P global ratings. Satyam, what are the key elements here that youre looking at that mean theres going to be a drag on growth . We are mostly focused on the consumer sector, we are mostly focused on the consumersector, like we are mostly focused on the consumer sector, like you mentioned in your opening statement. We are starting to see some Consumer Caution creep up, see some Consumer Caution creep up, especially given how the Labour Market has moderated, we have also seen the real Income Growth so often, and that means most likely moving forward, the same type of growth coming from Consumer Spending iS Probably going to be softer, and if you think about the Consumer Spending, you have to look at the taxes being collected state and local site, so the Upside Surprise we have seen from the state and local Government Spending is also going to be softened moving forward. Put it all together, it is the consumers that are go
North of beirut, where again, an israeli strike this morning has targeted, we are told, a senior Hezbollah Commander in the north of the country. We had seen pictures of members of the north Lebanese Red Cross searching through the rubble for survivors from the early morning attack. We saw this morning attack. We saw this morning in the early hourS People in Tel Aviv waking up to the news that hezbollah had targeted israels biggest most populous city with a Ballistic Missile. It is the first time that one of those really scaled up that one of those really scaled up weapons has been used in this conflict. It has clearly been used to send a message by hezbollah that even after several days of fierce israeli strikes, hezbollah wants to show it still has the capacity to strike back inside israel. Just want to show you this footage from the event earlier in the day. You can clearly see and hear the sound of the Air Raid sirens in this footage, which shows the missile just after it was inter
Welcome to the amine for our, heres where were headed this week this week, we examined power and all the ways it affects our lives. First, were going to compete with china were determined to do that. Todays big Power Conflict between china and the United States. My conversation with veteran diplomat us ambassador To Beijing Nicholas Burns, then people have always been interested and now theyre sort of worried. And concern about oh, no Luck Power unchecked power. And the fact that it might be coming for america, the writer who examined a man named Robert Moses who had the power to build and trample over new York Pulitzer prize winning Author Robert Kara joins me. Why 50 years on his seminal book is still flying off the shelves now its safe, you know, so people stay in the deadly Power Struggle in El Salvador between a Strongman President and the criminal gangs. And what it all means for the United States and then in our letter from london, he unleashed her as his secret Weapon Kingmaker