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War time. Hes being very forceful, even President Biden as well. President biden said this is indiscriminate bombing in gaza and theyre not doing any favors to themselves with this type of behavior. That said, of course, we have aid that goes to israel. Its 3. 78 billion a year. It makes up 16 of their budget. Its not small, but its not everything. That said, they could make that aid conditional, but i dont expect it to be more conditional. There are conditions on weapon ry, weaponry that the u. S. Gives to anybody. Youre not going to see that during war time given the fact that israel is a nonnato alley of the united states and theyre currently facing this existential threat. We talked about the strike on the houthis. Do you agree with the u. S. s more aggressive action, and what is your fear of repercussions ....
Airways. companies like that, carnival. whereas the retail sector has been slightly more mixed. having said that, jd sports is one of the best performers this year. as are some of the airlines and travel and leisure. there is, there was increased pessimism at the end of last year. we are now starting to see some of it bounce back, but is being reflected in certain sectors that were very depressed because of the penny pandemic. michael, thank you. pandemic. to our top global story now, the earthquakes in turkey and syria. the world bank has pledged funds totalling $1.78 billion to turkey to help finance relief and recovery operations. even before the disaster, turkey s economy has been facing a worsening crisis with soaring inflation and a collapse in the value of its currency. joao da silva in our singapore bureau has the details. any assistance is very much welcome right now. while the ....
Significant impact on living standards across the country. this $1.78 billion package won t be made available in full all the same time. 780 million will be made available by the world bank initially and $1 billion will be made available at a later stage. regardless of their timeline, the situation on the ground is of course very desperate and those funds will make a big difference. to china now, where growth last year was at its weakest in almost half a century as strict covid lockdowns and regulations brought much business activity to a standstill. with the end of the zero covid policy, the world s number two economy is taking off again. but will a resurgent china add to global inflation at a time when the rest of the world is hoping it will come down? duncan wrigley is chief china economist at the consultancy pantheon macroeconomics. ....
You very much- twitter became, at times. thank you very much. let s twitter became, at times. thank you very much. let s bring - twitter became, at times. thank you very much. let s bring you i you very much. let s bring you some results just emerging. let s bring you some results just emerging. hsbc holdings has reported a 27% fall in quarterly profit, as the asia focussed bank suffered from decreased revenues and slowing growth in hong kong. europe s largest bank, which has a market value of $130 billion, posted a pre tax profit of $4.2 billion for the first quarter ended march, versus $5.78 billion a year earlier. that was still better than analysts had expected. joining me now is frances coppola, independent banking a nalyst. in terms of performance, what do you make of this set of results? do you make of this set of results? ~ , ., , , results? well, they are pretty dismal, aren t results? well, they are pretty dismal, aren t they? - results? well, they are pretty dismal, a ....
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