in the past hour we have just had an update on some important data. they show the world s biggest economy is still growing but more slowly than first thought. the first three months of this year the us economy grew by 1.1% months of this year the us economy grew by1.1% and months of this year the us economy grew by 1.1% and that is on an annualised basis with consumer spending still remaining pretty strong but many analysts have been expecting today s figure to be closer to the 2% mark with all of this of course adding to fears that the american economy is running out of steam so let s get the thoughts of steam so let s get the thoughts of samir hussein, our north american business correspondence standing by new york and that is the question, isn t it. is this just a temporary blip or are we on a longer term slowdown? because we have talked a lot about the us avoiding recession. this will be welcome news. they can certainly not. this demonstrates the us economy is certainly l
better than expected 9% rise in profit for the presidency. income is higherfalling revenues investment higher falling revenues investment bank. higherfalling revenues investment bank. unspecifiedjob higherfalling revenues investment bank. unspecified job cuts as it looks to further reduce its costs. staying in china, the country s than see the yuan has overtaken the us dollar is the most used currency for china s international transactions according to reuters, a record $550 billion worth of china s cross border transactions in match took place in yuan, which is around $150 billion higher than in february. what does it all mean? will the yuan becoming more commonly used currency internationally? filters about this significant at this moment becoming the most use