as well as future business conditions, the country is facing an economic slump as we have been reporting and unemployment has a consumer spending as well. to understand more let s speak to a chinese economist at oxford economics. thank you forjoining us on asia business report. what is your reaction to the readings we are seeing? your reaction to the readings we are seeing? generally we are disappointed. we are seeing? generally we are disappointed, we we are seeing? generally we are disappointed, we had we are seeing? generally we are disappointed, we had expected i we are seeing? generally we are| disappointed, we had expected a contraction in this activity but not to the extent but we have to recognise these are diffusion industries more helpful in telling us the direction in which things are going stop i would say that on the manufacturing side what jumps out at us as this is effectively driven by if you look at the subcomponents this is driven by to a large extent
a senior israeli government spokesman has told the bbc that a senior israeli government spokesman has told the bbc that the temporary truce will be extended by two days. the present deal was due to expire in the early hours of thursday but! if told me that ten hostages will be relieved each day in return for the release of palestinian prisoners. would be released. in the past couple of hours two further hostages taken from israel by hamas on the 7th of october have been released. they are two russian israeli women, aged 71 and 50. they were handed to the red cross. the israeli military say they are with idf special forces and our inside israeli territory. it s believed a second group of hostages has also been given to the red cross. this is the scene outside ofer prison. israel said it had released 30 prisoners from the resin. hamas, which the uk and us governments say is a terrorist organisation claimed that youngest israeli hostage, a ten month old baby, was killed in an
a investment. warm welcome to the programme. a warm welcome to the programme. good morning. sounds like a bit of a mess in germany in terms of trying to sort out the money matters so they can go ahead with much needed spending, your take? go ahead with much needed spending, yourtake? it is go ahead with much needed spending, your take?- spending, your take? it is a mess something spending, your take? it is a mess something that - spending, your take? it is a mess something that the i mess something that the introduction said is self imposed, this constitutional break supposed to be stopping undue spending and returning to balanced budget, it was introduced into 2009 at a time when germany thought it could beat off the rest of the world in terms of its own economic competitiveness, it ought then the euro crisis would not be something that would be hugely problematic for it. so it had built into the constitution its commitment, to have a balanced budget every year. and there
fossil fuel leading companies economywide not there. first reaction of heavy fossil fuel leading company economy wide response. scrutiny is good, discussion is good, the more people involved in taking action and engaging in climate change is by far the better. the more private sector engagement in this issue is better than what we saw 10, 20, 30 years ago when it was a very governmental driven process. if we go back, at cop27 a loss and damage fund was agreed upon for richer countries to pay the poorer countries which were suffering the impacts of climate change. how do you see that working out, because that has been one of the numerous sticking points? the private sector needs to get far more engaged in discussion around adaptation to finance too. loss and damage just one element that is going to help build more resilient society. insurance needs to be more engaged, project developments, fiancing and constructing. particularly in asia, as it urbanises and develops economies