Second quarter u. S. Economic growth comes in at over four percent triggered by can see misspending and high exports that is the stain of bill in the new era of trade conflicts also coming up should foreign powers be allowed to own Critical Infrastructure germanys government says no im blocked the chinese takeover of a Company Controlling the electricity grace. About Chinese Investment can childs home countries we have a special report from cambodia. They say is your Business Update on having a home free but thanks for joining me well the numbers are in they no good very good in fact over the last quarter the u. S. Economy grew at its fastest rate in four years and thats positive news for the Worlds Largest economy but analysts say its unlikely to be quite as positive as the white house makes it out. Trump was quick to celebrate the new figures four
soybean exports shot up over tariff concerns Government Spending rose in part due to the defense budget. And there are worrying Signs Hous
Crimes and now hes running for president so well ask an expert what his comeback could mean for the volatile nation. Plus here in germany a first state opens controversial new Processing Centers for Asylum Seekers it will fast track refugees out with haitians and deport those who are protected and critics say they will deal a blow to integration efforts and europes Heat Wave Decimates crops when the German Farmers are preparing for a future of extreme weather plus the robbery that has left Swedish Police red faced thieves steal priceless crown jewels from a cathedral new york if you told their stock home and making a daring getaway across a nearby lake. Im sorry kelly welcome to the Program Reports of unrest in. Zimbabwe after historic
elections police saying that at least three people have died in the capital harare as troops were deployed to quell the undressed riot police used water cannon and tear gas to disperse opposition supporters the Main Opposition Party the movement for Demo
Soybean imports the latest figures show that that process was already well underway. Today that you can commit commission has published the latest figures on e. U. Imports of soybeans showing an increase of Two Hundred Eighty Three percent in imports from the u. S. Bringing that use total sheriff imports of u. S. Soybeans to thirty seven percent up from nine percent just one year ago washington had already promised Twelve Billion dollars to compensate farmers hurt by the dispute with china but with harvest time approaching many of the must still uncertain i think theres maybe just a little bit of comfort there knowing the administration is backing farmers but you know longer were not looking for any kind of an aid package we want markets to work and markets to be. China was us Soybean Farmers main market and its doubtful increased e. U. Imports can make up for the Loss Side Beings made up sixty percent of u. S. Agricultural exports to the country. Beijing meantime has ramped up Domesti
a large majority of the more than three hundred ryanair pilots in italy approved to remain following eight months of negotiations that ensures better job security and pay conditions strikes by writing products across europe have left to the cancellation of hundreds of flights in the past two months. china continues its shopping tour through europe snapping up companies whose products and technology fit into the country s concept for china twenty twenty five here and there regulators are blocking deals like the recently attempted takeover of german grid operator fifty hertz but another deal just went through with china picking up automotive component maker grabber. it s specializes in seats for trucks and buses along with head and arm rest but very an auto parts maker gama is now firmly in chinese hands the jobs here are reportedly safe and the company is to remain on the frankfurt stock exchange it s being touted as a successful example of
a sign of growing concern over the scale of chinese investment into europe s largest economy last week the german government prevented china s state grid corporation from taking a twenty percent holding in electricity grid operator fifty hertz. but it was uneasy about handing a chinese state company some control over the country s power grid but chinese businesses feel singled out. and. this concrete case shows that a company from belgium and a non european one from australia bought stakes in the business. but when a chinese company wants to invest it s being prevented for reasons of security. that some analysts argue such fears will backfire on german businesses which one great artist the chinese market sensitive and delicate topic. but our whole but we do guess that our government is