quicksilver record job market. businesses are investing in america at record rates. this is partly strongest rebound in american manufacturing and over three decades. that is not selling a recession to meet. let s bring in heaven he s a former chairman of the council of economic advisors and distinguish a visiting fellow at the hoover institution. great to see you my friend. you got inflation right you got the gdp numbers right, you said this is going to be a negative quarter, the second in a row. how bad is this, at least a stagflation not recession, how long is it going to last? it is a very bad. it s going to get a lot worse in the second half of the year, sadly. i think one of the reasons is going to get a lot worse as the biden administration is in denial and they re not pursuing policies that are necessary right now to help the fed out. what are the things they keep saying is we are not really in recession because the labor market is strong. but they re not really l
following torrential rains. this is the heaviest rainfall that greece has seen in decades. you can see the damage. hundreds of people are still waiting to be rescued, and this comes after a summer of devastating wildfires. and. allez les bleus! france will kick off the rugby world cup tonight, against new zealand. coming up in sportsday later in the hour on bbc news scotland should take another step towards european championship qualification. we ll get the very latest from cyprus, where they play later tonight. describe does not fit for purpose. it is described does not fit for purpose. good evening. in what is britain s biggest manhunt in recent years, police say they have received information of the first confirmed sighting of daniel khalife, the 21 year old terror and spaying suspect who escaped from wandsworth jail two days ago. a member of the public says they saw him crawl from beneath a van about a mile from the prison still dressed in the share s uniform he was
Now it is time for World Business report. Battling to boost prices. Opec meets to check who is sticking to the rules on Production Cuts, as the price of Oil Continues to flag. And the business of birth. We take a look at the cost of delivery around the world, starting in turkey, which has the highest rate of c sections in the world. Welcome to World Business report, im sally bundock. Also in the Programme Financial markets start the week on a high in asia. And south korean courts are holding their Closing Arguments in the trial of samsungs jay y lee. For most of us, a Lower Oil Price is a good thing. It means it costs less to fillup ourcars, and if you run a business, transport and energy costs are cheaper. But for the countries that sell oil, lower prices is a real headache, which is why opec, the cartel 01 14 leading producers, has been trying to push up prices. Today and tomorrow, they are meeting in abu dhabi. Since january, opec and 11 other Oil Producing countries have been aimin
An analyst from Anand Rathi said that Berger Paints has shown signs of stabilizing and potentially reversing its downtrend, as indicated by technical patterns like the Bullish Bat and bullish divergence.
An analysts from StoxBox said that Cochin Shipyard has witnessed a parabolic surge of 923 per cent from March 2023 lows. The RSI across daily and higher timeframes is trading in its overbought zone.