Domestic economy has not done so well and consumption is down on the quarter and investment spending is treading water. In that respect it would be premature to say the japanese economy is Out Of The Woods but it is a positive surprise. This is a tricky it is a positive surprise. This is a tricky balance it is a positive surprise. This is a tricky balance for it is a positive surprise. This is a tricky balance forjapan because they have been trying to boost inflation unlike some other g7 economies yet they are having a problem, people arent feeling confident in purchasing and buying things there. How do they balance this . They balance this . Indeed, thats the they balance this . Indeed, thats the milliondollar i thats the Million Dollar question right now. Weve had a pretty good result for these spring Wage Negotiations this year and wage growth is picking up year and wage growth is picking up injapan so in that respect things are changing. But the wage gains we are seeing now are not
Good evening. 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. 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, well get reaction from two congressmen that sit on the select committee on china. Meanwhile, china has fallen into deflation, with global Cost Of Living issues impacting the demand for products across the economy. And if you are the type of person struggling to get in your 10,000 steps a day, youll be pleased to hear a new study has found that fewer than 5,000 may be enough to see a health benefit. But first to the mediteranean where 41 migrants have drowned off the italian island of lampedusa after their boat capsized. 45 people, including three children, had been aboard the vessel, which set off from the tunisian city of sfax las
and they were much better than expected. the new boss of bp, murray auchin closs, has had a mountain to climb since he took over from bernard looney, who was forced out after a scandal over workplace relationships. bps share price has languished while rivals such as exxonmobil have soared, some investors are uneasy about its huge and costly investments in green technology. some analysts say it is a potential takeover target. cornelia meyer is ceo of meyer resources, an energy consultancy. she was a former senior executive at bp. always good to have you with us. talk to me about that new dilemma that the new bus finds himself in. he has a debate where the new investment will come. continue to put money into green investments that are costly and won t pay off straightaway, or go down the route of fossil fuels which investors like but is not deemed to be the root of the future. . ~ but is not deemed to be the root of the future. ., ~ , ., ., ., the future. thank you for having m
if you look at the headline numbers. but actually when you look at the actual results and also what companies are telling, there are two factors that matter to us, monetisation and capital expense. they look at monetisation, for example, across the board, we are seeing cloud revenue and contribution is almost like 5% for some of the companies out there. so that gives us comfort. in terms of graphics, clearly companies are spending on it, but in terms of compute, this is one area where they have been quite bullish recently. long story short, despite the future suggesting, we think the bull case for and i we still think is intact. we think that any excess correction in as a buying opportunity. what is the implication buying opportunity. what is the implication of buying opportunity. what is the implication of these buying opportunity. what is the implication of these big - buying opportunity. what is the implication of these big tech i implication of these big tech compan
americans do? here is our international editor. one of the presidents international editor. one of the presidents officials - international editor. one of the presidents officials as l the presidents officials as actions speak louder than words. we can only speculate at this point. what tends to happen is the us militarily gives the president a menu of options that he can choose. and the lowest level, if you like, might be to hit back at iranian proxies operating inside syria or iraq. that might not be enough for the americans, and especially not forjoe biden s critics back home. so they might do something a bit more. they might go for iranian targets in those countries or they could go for maybe iranian targets in the gulf. the most extreme option, and i think this is highly unlikely, would be to attack targets inside iran itself, inside the territory of iran. that s something that the americans have not done. so we get to a situation now where the american secretary of st