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the move also comes as janet yellen met with the chinese ambassador ahead of her visit to china this week. michelle fleury has more. us treasury secretary janet yellin is heading to beijing and hers is the second trip by a cabinet official to china since ties between the world s two top economies deteriorated earlier this year. her goal is to study the relationship but she has her work cut out for her. ahead of her visit beijing said it was imposing export controls on two rare metals essential for making semiconductors. this is seen as a tit for tat response after the us, the netherlands and japan recently restricted chip exports to china. some say the move is aimed at giving china more leverage in future trade discussions. gallium and germanium, the two metals in question will be subject to export control starting august one. in a statement, the chinese ministry of commerce said it was to protect national security interest. china is the largest producer of gallium and ....
programme. i m sally bundock. if you have just joined if you havejustjoined us, you are in time for the top business stories. france is on edge, as you know, because as you have been hearing, it has had many, many days of riots, which has been a real problem for president macron, who will be meeting the mayors of 220 municipal areas today that have been affected by the recent violence. riots in france appear to be calming, after five days of violent protests in response to the shooting and the killing of a teenager, nahel m, during a police traffic stop. there are concerns that the spate of violence will have a long term effect on the tourism sectorjust as the summer season begins. french media outlet le point quoted a tourism official as estimating that up to 25% of hotel bookings in paris had already been cancelled. in some regions, financial support has been announced for looted businesses and hospitality venues. joining me now is charlotte de montpellier, senior economist ....
a strong denial from the white house. they call russia s latest claims ridiculous. this after the kremlin suggested the u.s. directed ukraine to carry out that alleged drone attack. brand-new jobs numbers just in to cnn. what they say about the state of the u.s. economy now just after the federal reserve announced another interest rate hike. the third this year. captured after a nearly eight-hour search in atlanta. police arrested a man accused of opening fire inside a medical center. at least one person has died. ahead, what we re learning about the victims and a potential motive behind that shooting. these major stories and many more coming in right here to cnn news central. ridiculous. that s what the white house is calling russia s baseless accusation this morning that the u.s. directed ukraine to carry out that alleged drone attack on the kremlin. moscow claims that this was an attempt to assassinate russian president vladimir putin. ukraine has strongly de ....
california. as the storm battered state endures another round of heavy rain and flooding. donald trump facing new legal woes, the former u.s. president weighing whether to testify before a grand jury about his alleged role in a hush money scheme. plus a major step for the mideast as iran and saudi arabia establish a deal to restore diplomatic ties, the surprise agreement helped along by beijing. i ll break down what it all means. we begin in california where at least two people have died in massive storms hitting the state. the result of yet another atmospheric river. nearly 10,000 residents are under evacuation orders shelters set up to help those forced out because of intense flooding. more than 40,000 homes and businesses are without power. the central coast has been the hardest hit with creeks turned into raging rivers and roads washing out, stranding thousands. the worst is now expected to impact the foothills of the central and southern see as. all of this led the ....
world. i m laila harrak. thousands of people ordered to evacuate their homes in california as the storm-battered state endures another round of heavy rain and flooding. donald trump facing new legal woes. the former u.s. president now weighing whether to testify before a grand jury about his alleged role in a hush money scheme. plus, a major step for the middle east as iran and saudi arabia strike a deal to restore diplomatic ties. the surprise agreement helped along by beijing. we ll break down what it all means. announcer: from cnn center, this is cnn newsroom with laila harrak. we start this hour in california, where residents are getting battered by more storms, the result of yet another atmospheric river. at least two people are dead and nearly 10,000 people are under evacuation orders. more than 40,000 homes and businesses currently without power according to poweroutage.us. the central coast has been the hardest hit with creeks being turned into raging ....