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After the chinese government chose not to announce any additional measures today. Chinas chief economic planning official, zheng shanjie, told a Press Conference earlier hes fully confident the country can hit its 5 Growth Target for the year and had no further policies to reveal to boost chinas struggling economy. For more im joined by Alicia Garcia Herrero chief asia pacific economist at the bank natixis. Has that disappointed investors . Did they expect more . Yes they did because there was already a softening of the market overseas. Of course the chinese market was already closed. But already by friday you could see overseas markets waiting for more on the fiscal side. This Press Conference was announced in china and there was a big expectation that it would go beyond the 2 trillion. That they had an officially announced. The reality is they didnt even fully confirmed that and the markets remained a little bit surprised that they would call a Press Conference for such little infor ....
Lets Ta Ke lets take you back to those live pictures coming into us from the skyline over the lebanese capital, beirut, where smoke continues to rise. Its a very familiar scene now. In the last couple of hours the lebanese militant Group Hezbollah said it had launched a large Rocket Salvo at haifa after the israeli military said 85 missiles were identified crossing over into israeli territory. Lets speak to our Correspondent Nick Beake in northern israel. Tell us more about whats been happening there in the last few hours. It happening there in the last few hours. ,. ,. , happening there in the last few hours. ,. ,. , happening there in the last few hours. ,. ,. , hours. It was a Year Today that hezbollah hours. It was a Year Today that hezbollah started hours. It was a Year Today that hezbollah started to hours. It was a Year Today that hezbollah started to fire hezbollah started to fire rockets into israel. They said they were doing that in solidarity with hamas. To mark one year on ....
The worlds biggest Trade Blocs is deepening with china announcing new tariffs on Brandy Imports from the european unIon. It follows last Weeks DecisIon by the eu to push ahead with Import Taxes of its own on Electric Vehicles from china. Last Year China imported about 1. 8bn of brandy from the eu with the vast majority coming from france. From Friday Companies that import will have to pay a tariff of up to 39 to the chinese government after they decided their own producers were being unfairly harmed. It follows the eu pushing ahead with tariffs of up to 45 of chinas Electric Vehicles which it says have benefitted unfairly from government help. Last Year Trade between the Eu And China was worth about 811 BillIon after it fell last year. With more tarfffs under consideratIon, it could fall further. Im joined now by Dr Deborah elms, head of Trade Policy at the Hinrich FoundatIon in singapore. It describes itself as a philanthropic organizatIon that works adavance sustainable trade. So the ....
A typical temperatures to end the week, will be around 11 or 12 degrees. Over the weekend, temperatures will rise just a little, most of the rain is coming into Western Scotland and northern ireland. Much of england and wales, it should be a dry weekend. Some early mist and but otherwise some sunshine. China slaps new tariffs on brandy from the European Union are two of the worlds biggest Trade Blocs heading for full blown Trade War . More than a dozen Us States say that tiktok is dangerous and addictive for children. Welcome to business today. A row between two of the worlds biggest Trade Blocs is deepening with china announcing new tariffs on Brandy Imports from the European Union. It follows last Weeks Decision by the eu to push ahead with Import Taxes of its own on Electric Vehicles from china. Last Year China imported about 1. 8bn of brandy from the eu with the vast majority coming from france. From Friday Companies that import will have to pay a tariffs of up to 39 to the chinese ....