China reports its slowest Economic Growth in decades so theres a Trade Dispute with the u. S. To blame for a Slower Growth simply chinas new normal breakdown the latest from beijing. Also on the show the e. U. Takes action against turkey for its gas drilling off the coast of cyprus will tell you what it means and how ankara has responded. And farmers in argentina could benefit from south americas new trade deal with the e. U. Board about other sectors well that depends on the u. S. This is your Business Report im Stephen Beers in berlin thanks for joining us the chinese economy continues to cool new Quarterly Results showing the slowest growth in 27 years so does that mean china is on the ropes in its trade war with the u. S. Well not so fast domestic demand is up and state support appears to be kicking in but china does have its work cut out for it. In the past 3 decades the chinese
economy has undergone an extraordinary transformation developing from an inward looking agrarian based
well it s basically for a couple of days now the outlook or 100 percent certainty that the federal reserve will cut interest rates by the end of the month that does feel a bit one dimensional and let s say the fed is going to do to lower the rates at the next meeting on july 31st that is already priced into the markets or some point we need a bit more to get markets going but here at the beginning of the week we said a new record for the dow jones industrial average for the s. and p. $500.00 and also composite. in some folks in one company boeing shares falling today after news reports regarding its 737 max and what he tell us there well i mean wall street in general is just asking itself why would you invest into boeing at this point was all the uncertainty there was
a new record for the dow jones industrial average for the s. and p. $500.00 and also for nastar composite. and hence the focus in one company boeing shares falling today after news reports regarding its 737 max working tell us there well i mean wall street in general is just asking itself why would you invest into boeing at this point was all the uncertainty there was a report in the wall street journal that maybe the 737 makes a plane so won t even take off at all within this calendar year we also got word from american airlines besides. the biggest the 2nd biggest operator of those marks 8 planes for the 5th time already they delayed when they estimate that the planes might be taking off again at this point they are looking at. but as i