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And is now the worlds fourth largest economy. It had been the second largest until china overtook it in 2010. Japan has also been battling a deflationary spiral for a generation, but that ended late last year. Mariko oi has been following the story for us from our asia business hub. What more can you tell us about ishibas economic manifesto . Well, his economic policies are still rather unclear. He has been criticised during the Election Campaign for lacking a clear economic vision. One thing we do know is that he was quite critical of the shinzo abe, who implemented investor friendly policies. During the Press Conference he held this evening he talked about how investors may have benefited, but not ordinary consumers, so we may see some changes there. The value of the japanese yen, it jumped the value of the japanese yen, itjumped because shigeru it jumped because Shigeru ....
Devastating flooding and even though the storm has weakened to a tropical storm since making Land Fall official, say that its still poses a deadly threat to take a very seriously. So far, six states have declared a State Of Emergency millions of people across the region are without power and at least seven stormrelated deaths have been reported. At any minute. Now were going to hear from Governor Roy Cooper about the storms impact in North Carolina. But for first i want to bring in Isabel Rosales and asheville, North Carolina as well. Were getting these reports of catastrophic flooding there. What are you seeing pam, lets move the camera. He shall see it for yourself right here. The amount of debris that these floodwaters are just up bringing into whats a road right here looking at it as this was a Metal Propane Tank of some sort that was another one back there looking at Garbage Bags back here some sort of a metal container. It ....
Breaking news, Hurricane Helene speeds toward the gulf of mexico. Right now, helene is an extremely dangerous category 4 hurricane with maximum sustained winds of 140 miles per hour. So far, more than 545,000 households in florida are reportedly without power with thousands ordered to evacuate. Helene is huge. And is expect today affect nearly the entire state of florida with damaging winds and heavy rain. Still, what may bring the most danger are the Storm Surges. Earlier today, residents experienced flooding in places like Pine Island which is just outside of fort myers. But flooding will likely get much worse across the state as the night continues. A Storm Surge Warning is in place for almost the entirety of floridas West Coast this video is a simulation of what could happen if it rises to 10 feet. Hurricane helene could cau ....
Will more than triple to 25%. Tariff hikes on other products, including semiconductor chips, are set to take into effect over the next two years. The increases, which impact a relatively small amount of us imports, come as vice president kamala harris and former president donald trump have clashed over tariffs on the campaign trail. Mr trump is calling for sweeping new duties on all imports, while ms harris has said his proposal would raise prices for the american people. Meanwhile, the european union is also considering tariffs on chinamade elect ....