liv was created in 2021 and backed by the saudi sovereign wealth fund. since then the two parties were better rivals, each engaged in lawsuits against one another. the mega deal essentially created a whole new golf association led by the saudis. meanwhile, us judge has granted a request from prosecutors to try some of the charges against crypto currency exchange ftx s founder sam bachmann friedman in a second trial next year. the 31 year old will stand trial in october of the charges stemming from the collapse of the now bankrupt firm. mr bachmann fred had pleaded not guilty to the charges. china s economy stumbled last month after the latest data showed industrial output in real estate sales both missed forecasts. earlier this week china s central bank slashed the interest rates in a bid to boost the country s post pandemic recovery. earlier i spoke to the smp global market intelligence and she s explained to me what is happening to china s economic rebound. ~ . ., , ., reb
watched metric because if consumers believe inflation will fall they will already adjust their spending patterns in anticipation of what is to come. those consumer expectations happened to jibe pretty closely with what economists expect for the latest inflation figures. they will likely show that inflation went up slightly month over month but it will drop year over year. month but it will drop year overyear. numbers month but it will drop year over year. numbers like that will be encouraging for the us federal reserve as it debates whether or not to make a change to interest rates. the us central bank started increasing the rate of borrowing aggressively last year. authorities have hiked rates ten times since marking the fastest tightening cycle since the 19805. expectations are high that this time it may pause. i spoke with a market strategist earlier who gave us her outlook for the us federal reserve. , . ., ., , ., her outlook for the us federal reserve. , ., ., reserve.
and had promised as a benefit of leaving the european union. here s our global trade correspondent gharshini david with an explanation of what this means for britain. all hopes of that full trade deal which would have covered about a sixth of the uk puzzling over seed trade with the rest of the world with frankly some time ago because it was clear that the joe biden administration wasn t interested in pursuing that end and instead they have been noises for some time that we might get something that was more about an alliance against what was seen as external threats to economic security and also furthering ambitions of net zero. while this might seem like a bit of a pick and mix trade alliance if you like, little bit sheer when it comes to talking about protecting supply chains and a little bit here about making it easier to swap data between us and american firms and a little bit more here about green energy and nuclear. it s actually very much tied together and looking a
here is the news from karishma patel. the government says it s taking action to tackle teenage vaping in england. the prime minister has pledged to close a loophole which allows retailers to give children free samples even though it is illegal to sell to them. russia has accused ukraine of launching drone attacks on moscow. the defence ministry says eight drones reach the capital. officials report minor damage to buildings on the strong swallow overnight attack on kyiv in which one person are said to have been killed. the government has until this afternoon to hand over more documents from boris johnson relating to the covid inquiry orface johnson relating to the covid inquiry or face prosecution. johnson relating to the covid inquiry orface prosecution. the inquiry orface prosecution. the inquiry wants to see unredacted messages but the cabinet office says some of the material demanded is irrelevant. a former top chinese government scientist has told the bbc the possibility
foregoing medical treatment and deciding instead to receive hospice care at his home. we will take a look at the 98-year-old s health and reaction coming in from around the world. plus top diplomats from the u.s. and china meeting after the shoot down of that suspected spy balloon. live in munich and tokyo to help repair strained relations. and secretary blinken on his way to turkey to assess the damage of the deadly earthquake. we will take to you istanbul for a preview of his upcoming trip. announcer: live from cnn center, this is cnn newsroom with kim brunhuber. on this sunday morning across the united states people from georgia, across the u.s. and around the world are praying for peace and comfort for former u.s. president jimmy carter. a statement from the carter center reads in part, after a series of short hospital stays, former u.s. president jimmy carter has decided to spend his remaining time at home with his family and receive hospice care instead of add