Europes largest economy, germany, will release its growth figures for the Second Quarter in an hour and a half. A global slowdown accompanied by tariff disputes and uncertainty over brexit has impacted growth across western europe which may hit the German Economy which is heavily dependent on exports. Industrial production fell 5. 2 this year the worst drop in a decade. The German Economy is heavily reliant on manufacturing. And challenges to the mammoth carmakers in the country are a big driver downwards. A slowdown in china is hitting sales. New car sales shrank by 2. 8 last year in the country which is the second biggest car market in the world. And tensions between the us and china are having a knock on effect. And then theres the big question mark over brexit. While there isnt a direct impact between germany and the uk there years of uncertainty has had an impact on investment and sales throughout europe and britain. Christel aranda hassel, chief european economist mizuho internat
Mechanism designed to keep the irish border free of checks. In the meantime british Opposition Leader Jeremy Corbyn says he will do everything he can to prevent the u. K. From leaving the e. U. Without a deal, including calling a noconfidence vote in Prime Minister johnsons government. And, competing in the ensuing general election with a pledge to hold a Second Public vote on brexit. I would agree with president macron, the question of the irish border is fundamentally is fundamental to a lot of things. Process wasproat a step forward. I cannot be negotiated away by anybody else. I think president macron is right to say that they are not going to allow the hard borders to return in ireland. Speaking during a visit to a hill farm, corbin warned of the damage that i know deal brexit could do to jobs and industries, and added the principle is that we will do everything we can to ensure that no deal is taken off the table. South korea will stop exchanging classified intelligence on north
Tiger taste. W. Correspondent. And host to explore the various flavors of the exotic crazy. Food the fusion and i have a challenge for you. To. Start september 1st on d w. Thank you talking. Past people excited although beijing is to be with washington next round of terrorist chinese indicate they wont tell me just yet also come when you get to meet jack montana well it could get a little uncomfortable and apple under attack Security Experts revealed that an indiscriminate hacking operation has been targeting not targeting i phones for at least 2 years. Terrorists on chinese imports in the United States are about to kick in trade negotiating team say they are maintaining a quote a fact of commune occasion. Now what may sound pretty ordinary has many people excited because it fuels optimism next months talks between the worlds top 2 economies will actually show progress something they didnt seem to in the past. August has been a volatile month for investors markets are looking for any b
No confidence blow delaying the blow for early elections and a calmer day in hong kong the airport reopens after Police Clashed with riot protests late in the night good morning. One of the big stories this morning, the Trump Administration overnight has announced a surprise delay to the implementation of new tariffs on chinese impoexports i december 16th. But tariffs on meat, watches, flat screen tvs will go ahead on the 1st of September Robert lighthizer says his office will exempt other unspecified products that relate to health, safety and National Security concerns. On the back of that, we saw a big bounce in wall street. That continued into the asian session. The mood in europe is not so pretty with most majors trading in negative territory. Overnight, in addition to the news about the tariffs being postponed until december, we had weak data coming out of china. That is affecting some sentiment in europe, even before we got that Second Quarter gdp printout of germany all eyes on
Indiscriminate hacking operation has been targeting not targeting i phones or at least 2 years. Into the program as fresh terrorist on chinese imports in the United States are about to kick in trade negotiating teams say they are maintaining a quote a fact of commune occasion. Now what may sound pretty ordinary has many people excited because it fuels optimism next months talks between the worlds top 2 economies will actually show progress something they didnt seem to in the past. August has been a volatile month for investors markets are looking for any break they can find in the trade war between the u. S. And china so it was a good sign when the chinese hinted that beijing will not immediately respond to the latest u. S. Salvo with more terrorists and that the talks are ongoing to strike a deal. What i can tell you is that the negotiation teams of china and the United States have maintained Effective Communication we hope the u. S. Will show sincerity take practical actions and Work