Contraction for the australian economy. Worse than anticipated, but investors with a moment shrugging that off. Chinese markets under pressure. Quickly moving it along, having a look at what else is going on out there and doing that, of yvonne. With yvonne lets start with that aussie gdp number. The second consecutive quarter for the three months through june. And thee first first technical recession in 30 years for us trail you Australian Household spending well by 12 as lockdowns and restrictions shut out consumers. The aussie dollar against its u. S. Peers. Theres a new warning about the u. S. Economy with a fed governor ating there is uncertainty head. She told the Brookings Institution that america will be to depend on the fed and policymakers in d. C. As the economy continues to recover from the coronavirus pandemic. She says Monetary Policy must pivot from stabilization to accommodation. Treasury secretary seems to agree with the fed governor, saying the u. S. Economy urgently n
The single currency crosses the key level for the first time in two years. Philip lane says it matters for monetary policy. Andy Swift Financial regulators and the swiss financial of creditart suisse over spying on former employees. Let us get some breaking news for you. Front, u. K. Housing august house prices rising by 3. 7 year on year. This is according to nationwide. 2 on the increase of month. The month on month figure is 2 . The year on year figure is 3. 7 . Very strong numbers follow other measures of stress. We have a right move for july. Know the reason behind all of this. There was pentup demand because of a lockdown. There was a tax incentive put in place. And perhaps a little bit of incentive to move to quiet, rural locations. All of that lifting housing demand. Solid numbers nationwide this morning. Lets get to the broader picture around markets, have a look at futures. For European Equity markets, fairly flat. If you excuse exclude the ftse. The futures picture giving us
A u. S. Warship in the persian gulf accompanied by a bomber plan since washingtons abandonment of the nuclear deal with iran in may 2018 the situation in one of the most volatile regions in the world has been escalating and iran consequently resumed enrichment of uranium in the process itself violating the multinational treaty. Some fear this could put the country on the threshold to becoming a nuclear arms state. Meanwhile the i. N. F. Treaty between the us and russia banning land based intermediate range Nuclear Missiles has effectively collapsed the Nuclear Powers in adversaries of old are now developing new weapons and new strategies. Are we seeing a return to the times of the cold war is the world at risk of a new global arms race 30 years since the last one ended or has it already begun. You know. A Nuclear Bunker under the center of nuremberg built decades ago during the cold war there used to be around 2000 bunkers like this across germany their purpose to provide shelter for a
A u. S. Warship in the persian gulf accompanied by a bomber plan since washingtons abandonment of the nuclear deal with iran in may 2018 the situation in one of the most volatile regions in the world has been escalating and iran consequently resumed enrichment of uranium in the process itself violating the multinational treaty. Some fear this could put the country on the threshold to becoming a nuclear arms state. Meanwhile the i. N. F. Treaty between the us and russia banning land based intermediate range Nuclear Missiles has effectively collapsed the Nuclear Powers in adversaries of old are now developing new weapons and new strategies. Are we seeing a return to the times of the cold war is the world at risk of a new global arms race 30 years since the last one ended or has it already begun. A Nuclear Bunker under the center of nuremberg built decades ago during the cold war there used to be around 2000 bunkers like this across germany their purpose to provide shelter for at least a
Identity well leave the last couple of this hearing as the a confirmation hearing is being held for Navy Vice Admiral Charles Richard. Will you ensure that your staff complies with deadlines established for requested communications including questions for the records and hearings. I will. Will you cooperate in providing witnesses and briefers in response to congressional requests . Yes, mr. Chairman. Will those witnesses be protected from reprisal for their testimony or briefings. They will. Do you agree if confirmed to appear and testify upon request before this committee. I do. And do you agree to provide documents including copies of electronic forms and communication in a timely manner when requested by a constituted committee or to consult with the Committee Regarding the basis for any good faith delay or denial. I will. And lastly, have you assumed any duties or undertaken any actions which would appear to presume the outcome of your confirmation or the confirmation process . I h