In the 90s and early 00s. Now this comes hot on the heels of disappointing china trade data on tuesday showing exports sank at their fastest rate since the pandemic. Global demand for chinese made goods is falling, down more 14 in the year tojuly. But domestic demand is down too with imports also falling by more than 12 in the same period. Earlier, i spoke to janet mui, whos the head of Market Analysis at rbc brewin dolphin, and she explained where the deflation was coming from. Deflation data, basically mostly coming from food prices and also commodities prices like raw materials, energy, etc. Actually, if you look at the underlying inflation, things like services, things like tourism, leisure, hotels, actually they are up. The Core Inflation is up from 0. 4 to 0. 8 , but obviously its still pretty muted. So overall, i think it is a concern that china prices are contracting and it could be lasting for a while as well. How likely do you think it is, though, that china is going to be
Good evening, thank you forjoining us tonight. 41 people have died after their small boat capsized as they were trying to make the crossing from tunisia to italy, the latest in a string of tragic incidents in the mediterranean. Joining me on our panel for the next hour is the political Sketch Writer tom peck and victoria coates, former Senior Energy adviser to the trump administration. Also on the programme, joe biden is expected to issue an Executive Order banning Private Equity and Venture Capital investments in some Chinese Technology companies, escalating washingtons efforts to Prevent Beijing from developing Cutting Edge Technology for its military. Well get reaction from two congressmen that sit on the select committee on china. Its been one year Sincejoe Biden launched his plan to boost the Us Semiconductor industry. We will check in with a member of the chips team to see if the promises have been met. And if you are the type of person struggling to get in your 10,000 steps a da
In the 90s and early noughties. This comes hot off the heels of disappointing china trade data on tuesday showing exports sank at their fastest rate since the pandemic. Global demand for chinese made goods is falling down more 14 in the year tojuly. But domestic demand is down, too, with imports also falling by more than 12 in the same period. Earlier, i spoke to janet mui, whos the head of Market Analysis at rbc brewin dolphin, and she explained where the deflation was coming from. Deflation data, basically mostly coming from food prices and also commodities prices like raw materials, energy, etc. Actually, if you look at the underlying inflation. Things like services, things like tourism, leisure, hotels, actually they are up. The Core Inflation is up from 0. 4 to 0. 8 , but obviously its still pretty muted. So overall, i think it is a concern that china prices are contracting and it could be lasting for a while as well. How likely do you think it is, though, that china is going to
Health workers and civilians are not a target, and must be protected at all times. We urge israel to cease fire. The idf said it had carried out a Precision Strike in the area of the hospital that targeted militants from the islamichhad group. Meanwhile, the us military has carried out its first air drop of food aid, amid a growing humanitarian crisis in the territory following months of war. Us Vice President Kamala Harris will meet with israeli war cabinet member benny gantz on monday as washington seeks to reach a dealfor more aid and a temporary ceasefire. A us official said today the framework for a deal that would establish a six week ceasefire in gaza is in place with israels agreement and depends on hamas agreeing to release hostages. And a un team has found that many palestinans who were injured as lorries were delivering aid on thursday, were wounded by gunshots. Our Diplomatic Correspondent paul adams has the latest. How were so many people injured . Were they shot or crush
Adams has the latest. American planes are the guys are delivering aid from the air for the first time. This is not how an effective humanitarian operation should be run. It is costly and inefficient. The situation at below it seems has given washington no choice. It will keep some people alive for a while, but after everything they have been through there is not much gratitude. Translation there is not much gratitude. Translation ,. , translation america is trying to bu our translation america is trying to buy our silence. Translation america is trying to buy our silence. It translation america is trying to buy our silence. It is translation america is trying to buy our silence. It is better translation america is trying to buy our silence. It is better for translation america is trying to buy our silence. It is better for us i buy our silence. It is betterfor us to live in more than get aid from them. In to live in more than get aid from them. , to live in more than get aid from them