Now on bbc news, live to singapore for Asia Business report. Is the trade war deescalating . China and the us agreed to roll back some tariffs. Three years on, we assess the impact of indias ban on high value Currency Notes. It isa it is a friday, almost the weekend, good morning, asia, helloworld, glad you canjoin good morning, asia, helloworld, glad you can join us good morning, asia, helloworld, glad you canjoin us for good morning, asia, helloworld, glad you can join us for another action packed edition of Asia Business report, i am packed edition of Asia Business report, iam rico packed edition of Asia Business report, i am rico hizon, packed edition of Asia Business report, iam rico hizon, starting off with the trade war because the two economic superpowers appear to be inching towards a endgame and on wall street, investors are pleased with the latest signs of progress with the latest signs of progress with all of the major benchmarks surging to record highs. Asia is in positive
In italy, the Coalition Government faces a challenging day ahead. Later the countrys Prime Minister, giuseppe conte, will be making a speech at the Italian Parliament and could face a vote of no confidence. This all comes at a time when europes fourth biggest economy continues to struggle. Italy currently has a massive 2. 3 trillion worth of public debt, which is equivalent to 133 of its overall gdp. Italian banks are most exposed to any default, but french, german and british banks are also at risk. The Italian Economy is still recovering from a recession last year. It grew marginally at the beining of the year, but since then, growth has been stagnant. Despite this, the Italian Government is forecasting growth of 0. 2 for the year, which is above estimates from the European Commission and imf. A major problem is the countrys stubbornly high Unemployment Rate of around io . But it is italys massive youth Unemployment Rate which is causing nightmares. It currently stands at a huge 28.
Good. And letting you drive the show. Well , fantastic. Sounds about well, fantastic. Sounds about right. How are you at home celebrating International Womens day . Of course. I promise not to interrupt you at all. Of course, it is also mothering sunday this sunday, so dont forget. Please do send your mother some flowers. A text is not enough. Are you going to go and see your mum or just i am . Your mum orjust i am . Of course i am. Of course i am, mum. I will see you on sunday. Im going to see my mother and my grandmother. Well, that is brownie well, that is double brownie points anyway. Let us know what youre views at youre up to. Gb views at gb news. Com do approve news. Com do you approve of international do International Womens day . Do you be you think there should be a mens day . Two . Or is that every other year . Other day of the year . But first, headlines. First, your headlines. Thanks, emily. Good afternoon. Its 12 02. Im sophia wenzler. Its12 02. Im sophia wenzler in the g
At the Cricket World Cup in india. Good evening from jerusalem, on a night where the israeli goverment has ordered a complete seige of the gaza strip and started to amass tanks on its border. It follows the attack by hamas militants, which has so far claimed more than 800 israeli lives many of them, ordinary citizens. Israel has cut electricity, food, fuel and Water Supplies to gaza, it says it has hit 2,400 hamas targets. The Palestinian Health authority says so far, 560 people have been killed and nearly 3,000 wounded. Thousands of palestinians are now fleeing for their lives, but safety is hard to find. And hamas continues to fire rockets into israel. In tonights programme, we will be reporting from jerusalem, 0n the latest military responses. We will also be in re im, the city close to the gaza border where artillery and vehicles have started to amass ahead of a potential ground operation. We will also be in ashkelon. And well look at the situation for the more than 100 israelis k
Cummings is rumoured to be working on a fresh project. Does working on a fresh project. Does britain need a new Political Party to smash both the tories and labour here and are a group of posh british families who have decided to pay slavery reparations . Right. Ill be putting those questions to political and financial commentator alpesh patel, cbe looking forward to this one. In my take at ten, james bond goes woke another brilliant character bites the dust at the hands of politically correct publishers. 00700. No. So two hours of big 00700. No. So two hours of big opinion, big debate and big entertainment. It is boiling across the country. So you have my permission to crack open a cold beer , pop open a bottle of cold beer, pop open a bottle of wine or indeed fire up the kettle and get yourself a lovely jug kettle and get yourself a lovely jug of yorkshire tea. Lots to get through. Stay hydrated. First, the News Headlines with Aaron Armstrong. Aaron armstrong. Very good evening to yo