Secured their biggest pay rise since 1991, giving the central bank the confidence to make its move. One that puts decades of deflation in the rear view mirror. Lets go live to shizuoka in japan and Seijiro Takeshita professor at the univesity of shizuoka. Good to have you on the programme. We knew this was coming, it has happened, give us your reaction. Us your reaction. Well, as you said, it us your reaction. Well, as you said. It was us your reaction. Well, as you said, it was expected us your reaction. Well, as you said, it was expected because of the Pre Requisites were set, basically, 5. 2 increase by Larger Companies, pay rise. We expected only form per sense of that history very well. We have the Inflation Target which is to present a morejust been fulfilled so basically, prerequisites for lifting off from this secure operation of negative Interest Rate is finally here. It negative Interest Rate is finally here. Finally here. It is finally here, finally here. It is finally here.
Of the Global Economy given so many countries do so much trade with china. Chinese Government Data shows that the value of exports fell 14. 5 compared to the same month a year ago. That suggests the rest of the world is buying less stuff. The value of imports also fell by more than expected, down 12. 4 onjuly a year ago. But that partly reflects a fall in the price of commodities such as crude oil. The figures will concern chinas government, who are grappling with economic growth. The quarterly Growth Figure was just 0. 8 in the april tojune period, as the country continued its post covid recovery. And last month, chinas struggles were cited as a key concern for the Global Economy when the International Monetary fund updated its Global Growth forecast for this year to 3 . David woo is a former imf economist and wall street strategist and has been telling me what he makes of the numbers. You know, like some people are going to say, well, this is just basically a reflection of the curren
A persistent Gender Pay Gap and sexism in the city as bad as ever, is there much for the Business World to celebrate . And, groomed for success how the pampered pooches at crufts are part of a booming pet economy tipped to hit half a trillion dollars by 2030. A very warm welcome to the programme. The greatest Comeback Story never told thats how President Biden has described his handling of the us economy, as he delivered his state of the Union Address in the last few hours. It is a Comeback Story for sure. Since the president took office in 2021, the us has put the pandemic firmly behind it, performing better than most other developed economies, with strong jobs growth and buoyant consumer spending. But that is not how Many Americans see it. Soaring inflation means the cost of living is simply much higher than when he took office. And the polls reflect that. President biden s average Approval Ratings are at a record low ofjust 38 . When asked in an nbc poll who would do a betterjob ha
thanks for joining us. i m alex marquardt in for fredricka whitfield today. we begin at the u.s. southern border where officials say they are seeing fewer migrants crossing than expected, despite the end of title 42. authorities say that the long lines of people who once waited to enter the u.s. have dissipated at many border crossings. many had expected a surge after the covid era policy title 42 expired at midnight on thursday. in its place the biden administration has re-enacted tougher border policies, which require longer processing times, and impose severe consequences for those who cross illegally. the white house has sent thousands of asylum officers, secret service agents and even u.s. troops, to reinforce screening efforts, and to mitigate the already challenging humanitarian crisis. cnn s polo sandoval is in el paso, texas. you re on the ground. what are you seeing? it certainly has been less chaotic the less 48 hours since the lifting of title 42. that being sai
the murder of zara aleena, just days after he was released from prison. the chief inspector of the service says it is chronically understaffed . it is impossible to say whether the murder could have been avoided but we did find severe deficits in practice at many stages of jordan mcsweeney s supervision. nhs representatives will appear before mps on the health and social care committee to discuss the situation in a&e departments across england. let s cross live to the house of commons and listen in to the health and social care committee address the situation in a&e departments. a more nuanced question than that, demand has a bit with those figures, however, the reason we run into trouble is not the ancillary demand, the ability to deal with the demand. if we look at things like hospital admissions from an emergency department, those have remained relatively static. we have had problems with increased crowding, problems with increased crowding, problems in care in our depart