crash hitting demand for goods and pushing down prices. joining me now is mark williams chief asia economist at capital economics. these figures will not make for welcome reading once again. just looking at the stats there, the biggest contraction since 2009. why? critics succes what is going on here is yellow let s start with. the weeks ahead is yellow let s start with. the weeks ahead of is yellow let s start with. tue: weeks ahead of chinese is yellow let s start with. tte: weeks ahead of chinese new is yellow let s start with. he weeks ahead of chinese new year, is yellow let s start with. me: weeks ahead of chinese new year, we often see quite big changes in prices in china. that s probably tucked down the date forjanuary a little bit but the big picture is that china has been in deflation for a while. that is pointing to widespread weakness in the economy. there is a lack of confidence there and it is notjust consumer prices that have been falling, we have also b
since he took over from bernard looney, who was forced out after a scandal over workplace relationships. bp s share price has languished while rivals such as exxonmobil have soared some investors are uneasy about its huge and costly investments in green technology. some analysts say it is a potential takeover target. earlier i spoke to cornelia meyer, ceo of meyer resources an energy consultancy. she was a former senior executive at bp. you are damned if you do and you re damned if you don t. some investors would preferfor bp to do more on the green agenda and others, you know, sort of more activist investors who are after the quick short term return, favour the fossil fuel the hydrocarbons strategy. and i think bp is trying to walk a middle way and they have to straddle that middle way. your next story is about the net zero targets of europe. and bp is in europe. it has big operations in europe. it s ftse listed, so it has to deal with european and uk regulators, which m
Hours of disruption, 60 million damage of the statement they have given yesterday. Given the fact ive seen these machines are highly sensitive and to be checked carefully in order to make sure that which is produced that are coming out in high quality. So when you think about the share of advanced Process Notes for the country business, this is more than 65 for the worlds production, this is basically on this island. Ai servers 100 produced in taiwan. So in this regard taiwan has learned from devastating earthquake in 1999 which was 25 years ago, where there was a power outage for almost a week before they could jump almost a week before they could jump back. This is not happened yesterday. So taiwan was better prepared to cope with the situation. Prepared to cope with the situation. , h, situation. Given there is so much chip situation. Given there is so much chip that situation. Given there is so much chip that happens i situation. Given there is so much chip that happens in | much c
about, what, six hours disruption, around about $60 million damage. that was the statement what they have given yesterday, but given the fact that i think these machines are highly sensitive and they need to be checked very carefully in order to make sure that the wafers produced there are coming out in high quality. when you think about the share of advanced processed notes for the foundry business, this is more than 65% for the world s production, is basically on this island. ai servers 100% for the usa is produced in taiwan. so i think in this regard, taiwan has learned from their devestating earthquake in 1999, which was 25 years ago, where there was a power outage for almost one week before they could turn back. this has not happened yesterday. so taiwan was better prepared to cope with the situation. given there is so much chip making that happens in taiwan and it plays such a sort of an outsized role in the chip making industry, do you think this will give other com
we had people saying where s nancy pelosi? we had people who were taking desks, sit agat the desk of the speaker of the house and attempting to find people in order to bring them to justice and saying to yelling at the police kill them, kill them all. and so why trump has done this is beyond me. that was carl rove, a former senior advisor to former president george w. bush with some advice for democrats and strong criticism of donald trump. we ll bring you more of his comments straight ahead. meanwhile, the former president is running out of delay tactics in his hush money case. we ll bring you an update on that looming trial. and we ll have for you the latest on the growing global outrage over the israeli air strike that killed humanitarian aid workers in gaza. the leader of that organization is now calling the strike a targeted attack. good morning and welcome to way too early on this thursday april 4th. i m jonathan lemire. thanks for starting your day with us. w