India the country where gold prices have soared to an all time high it was one of 3 countries to take markets by surprise on wednesday the Indian Central Bank cut its benchmark rate by 35 basis points more than analysts expected. But india wasnt the only surprise for investors Thailand Central Bank unexpectedly lowered rates for the 1st time in 4 years and the reserve bank of new zealand cut the benchmark rate by 50 basis points to one percent the lowest level ever this series of rate cut decisions could be a sign the u. S. China trade war is taking its toll and central bankers are trying very best to avert recessions cutting Interest Rates makes money cheaper to borrow and that generally boosts spending where Economic Activity may be stoli. Some analysts say it may be too early to cut rates despite the Global Economic slowdown as it leaves Central Banks with fewer instruments to spur expansion if economies do take a downturn. But just how rattled are the markets our financial correspondent yans cortez folk to silver bear capitals director floor trading. If they only seems to be one topic for the pasta month i would say trade between china and the u. S. So how concerned are you overall you know youre 100 percent right and thats been moving the markets whether its tweets from china tweets from our president the white house its been moving this market at superspeed and you know at 1st when we 1st got involved in this trade war i thought i lot of people thought ok be over in a month maybe 3 months most now were going on over a year it is getting concerning but its amazing it really hasnt affected the u. S. Economy which has been so strong i mean inflation stays consistently low i thought to come up a little it hasnt Consumer Spending still robust unemployment still strong i mean overall the economy still acting very well do you believe that the deal between the 2 biggest economies on the planet is still possible its getting hard hard but i do think its possible and i think we saw it this week the chinese basically said theyre not going to get any more Agricultural Products but were the only one that really can supply mass supplies of soybeans argentina cant but not on the on the level that we can so it takes 52 days from the farmland where they store soybeans to get to beijing by ship if they keep that up theyre going to go into winter without any soybeans and thats a staple for them so i think you may see movement in this trade war sooner rather than later do you have a certain sympathy for the overall harsh course from the u. S. President donald trump when it comes to trade with china why you know at 1st she think ok hes taking a really hard stance and the chinese have taken advantage of the u. S. Economy and the u. S. Taxpayer for years we think its the right thing but. Personally if you could be a little more flexible and get things done and get things moving at least i think his tweets harm. Torques i really do i wish he wouldnt be so bombastic out there with some of the things he says but thats the way this man is you also do quite some business was china so what do you hear from over there from your partners yeah i mean i work actually for a company have a china and hong kong and they feel that chinas taking a hard policy and they should break because theyre seeing ramifications in their economy more than we are i mean its definitely slowing down this more unemployment and were seeing on rest theyre not reporting acquits of time in this country but we are seeing more unrest going on in china were seeing in hong kong our high level but its a start to get out of hand there so thats another reason i do think well see some kind of movement one way or another i dont think everyone will get what they want but theyll have enough so both sides of say ok we won just to save face maybe briefly do you believe that the u. S. Economy is Strong Enough to actually handle all those negative effects of to try tensions not for long i mean we are stronger of now but i think coming into the next earnings season you will see it hit carneys remember we just came off an army season where things were good i mean 75 percent of all companies that reported beat the profit line so things are still good what earnings and thats the bottom line but i do think youll see things slow down going into the Holiday Season if this isnt taking care thank you so much for your time thanks for having me really. The new British Foreign minister dominic rob said theres a huge appetite for opposed to braggs a trade deal between the u. K. And the u. S. After meeting with u. S. President donald trump rob is on a 3 day visit to north america they campaigners say leaving the European Union will allow britain to sign its own by lateral trade deals with other countries the e. U. Is the u. K. s biggest trading partner. Courier service fed ex is ending its deal for ground deliveries with ecommerce giant amazon fed ex is allowing its contract with the online retailer to expire at the end of the month amazon is building its own cargo hub in kentucky analysts say the tech giant could be planning to build its own Delivery Service making it a potential competitor to fed ex fed ex says amazon only accounted for a little over one percent of its revenue. And as a way lad has accused the u. S. Of economic terrorism and of trying to torpedo peace talks after the Trump Administration ordered a freeze on the countrys u. S. Based assets under the sweeping measures any foreign entity doing business with the government of venezuela could face u. S. Sanctions. In caracas the chemo to fighting against the toughest sanctions on least in more than 3 decades the dysplasia written on their faces. A great property in the United States with citgo it was stolen our buildings and diplomatic headquarters thousands of citgo gas stations all stolen our accounts at Citibank Bank of america to pay our commitments our diplomats all stolen. 1000 times on. There have been fears sit a u. S. Based subsidiary of the Venezuelan State Oil arm could be targeted to pay off state its Opposition Leader one who i do says however that the u. S. Measures to protect sicko and target the government. This is not against venezuela its against the regime and those who do business at the expense of the hunger but as whalens in this event. Thats a meeting of countries aligned against Nicolas Maduro the u. S. Made clear it will target foreign entities who dare to work with his government though it stops. Short of banning private sector business links. For any International Corporation for their u. S. Based european wherever they may be to the boards of directors and shareholders they ought to be asking their management if its worth risking for a trickle of income from the illegitimately dural government if its worth risking their business in the United States. In caracas little sense the news will break the deadlock. In again what trump wants is to cripple us so we start going out to kill each other but this wont happen because people already know what hes like. As you keep the government will be affected because theyll have less Political Support than they would otherwise have had with their cronies and. There are provisions to a life or much needed food medicine and clothing aid to reach venezuela humanitarian crisis but analysts say the latest gambit will effectively make this socialist state radio to to outsiders exactly what the u. S. Wants as it turns the screws on. As muslims prepare for the festival of sacrifice or eat out there are 2 developments people are bleating about romania is shipping thousands of sheep to libya under the burning sun despite a warning from the e. U. Activists label the vessels that ships and in some countries speculators are reportedly driving livestock prices up as the festival near. As muslims around the world countdown to the start of. On sunday algeria is preparing for the slaughter of 3 and a half 1000000 shape and goats prices here and across north africa are surging with demand. This cheap flock this year is thanks to all in Good Condition prices are up to 60000 dina. Some blame speculators for the soaring prices others say that prices have gone up because of costs at the official slaughter houses and enforcement of Animal Welfare standards. This year the herd is in better condition compared to last year for all vaccinated and under strict veterinary supervision everybody has the animal safety it requires rigorous efforts. But some countries in the region cant meet the demand under the burning sun in a romanian black sea port the 50 year old lady maria stands ready for thousands of sheep with a one way passage to libya despite a warning from the e. U. Remaining it continues to export live animals during the height of summer 4 years ago thousands of sheep on a ship sailing from here died from heat and thirst Animal Rights activists say the trade is not strongly enough policed. And thats your Business News thank you for watching. Around the corner from the book you are no one on the keep warm up the focal length of commitment to. Exposing justice global news that matters to you may for months. I was here when i arrived here i slept with people in a room. It was hard i was fit. I even got white hair as the. 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