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, hejoins me now from tel aviv. Its a grim picture for china, isnt it . The third consecutive month of decline. Whats going wrong for them . ,. , decline. Whats going wrong for them . ,. ,. ,. , them . Some people are going to say its ust them . Some people are going to say its just basically them . Some people are going to say itsjust basically a them . Some people are going to say itsjust bas
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
meta, which owns facebook, says threads will be part of its instagram platform so it ll be connected to hundreds of millions of accounts to begin with. but the app has already been criticised for the amount of data it may collect. ray wang is a principal analyst constellation research and explained why threads could be a serious threat to twitter. it s a massive threat if you think about twitter, it only has one of 150 million active users. if you see what s going on with facebook and instagram, we are talking 2.96 billion users, so let s look at this in simple terms. 50 million is the number we used to say mass adoption of technology has occurred, chatgpt did it in 30 days, facebook live in 2a hours. mark zuckerberg can get the 50 million users in probably less than hours and probably get 150 million users in less than two months. that means it s a direct threat to twitter. at the same time some users aren t happy with recent restrictions like the number of tweets you can lo
we start here in the uk with a very rare piece of good news about the cost of living because for people in england, scotland and wales, average energy bills are set to fall by hundreds of pounds this summer. the uk energy regulator ofgem is about to release its latest price cap the maximum amount suppliers can charge the average household. because the cost of energy has fallen sharply on global markets, that cap is expected to come down from july, saving the typical household annually around £450. hannah miller has been talking to energy users in the east of england who have been struggling to pay their energy bills. since we last came to suffolk, 18 month old robyn has taken her first steps. and her mum, claire, has been trying to keep the family bills under control. we first met in august, when claire was already cutting back on her electricity use. i am terrified that, when the winter comes, we re not going to have enough for the bills. since then, energy prices hav
the couch has been to a have you been to a renaissance fair? pete: many times. will: rachel and i have never been. pete: my mom loves the festival but we never wanted to go. because of it i like to say unguard. rachel: this segment kind of talk as lit the bit about biological dinses so before we even started, they were hitting each other with swords. i didn t grab my sword until, you know, the camera came up. now i m going to do what you guys were doing but i think it s interesting that swords were brought and immediately you guys start fighting. pete: absolutely. that s what they re for. rachel: that s what boys do. pete: look at those moves. can t take me. will: renaissance, fair, huh? pete: it s celebrating an era that doesn t get much love. like the vikings. rachel: it s not the vikings. rachel: beer. will: whatever they drink. will: what is mead? rachel: i don t know. it s some sort of drink. we ll see what they drink at the renaissance fair. will: attorneys for hunter