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Into the white house we look at his plans to improve the us economy. And the latest Growth Figures in china will be scrutinised under worries of a potential trade war. Hello and welcome to Asia Business report. The big day is finally here. Dan norton ups inauguration and the many he is a controversial person to move into the white house and there is a lot of uncertainty as to how presidency will impact the economy. This was the moment democrats hoped would put that in check after financial crisis that led to the worst us recession since the great depression, president obama and the American People were eager to see regulations that would put limits on bad behaviour and prevent us taxpayers from ever having to bail out the banks again. But republicans have been attacking dog frank since its inception saying it has gone to ....
Wipes out canal across asia experts say 95 percent of the worlds banana production could be averaged. This is business. As well come the latest figures published by china show our quote from its factories is growing albeit its slowest rate for 17 years the impact of the trade war with the u. S. Is taking its toll at home bought a white house decision to delay some to us a plan to slap on chinese products is the least some hope that tensions could be easing. The delayed tariffs if theyd hit in september would have been no laughing matter for ordinary americans for the 1st time they would have affected Consumer Products including Toys Clothing and electronics thats why President Trump says hes spending them for festive reasons explaining to reporters that the tariffs would have had too much effect on peoples christmases ....
A fall in sales of machine parts and cars to china. breaks it and a difficult global trade environment should the economy complex again in the next or the journey would officially be in a recession. of all sectors it s the here the 2 invincible industrial sector that s begun to drag on germany s economy for years it s been the driving force behind the recovery but no longer german industrial production in june 29000 was 5 point 2 percent down on june last year that s the largest reversal since the global financial crisis and recession 10 years ago exports of also long been a pillar of the economy also a thing of the past right now germany s exports in june 29th seen were shocking 8 percent lower than in june 28th seen industrial companies are dealing with a number of factors the trade war between the u.s. and china is exerting a drag on the global economy. fears also surround brags that the ukase impending ....
A month to only fifteen billion euro some months mr draghi also shared some general assessment about the european economy how it s doing let s have a listen to what he said. while uncertainty is notably related to the global trade environment remain permanent the information available since our last monetary policy meeting indicates that the euro or economy is proceeding alone is solely be used groups. meyer draggy the financial guru how many call him here there speaking he also found positive words about the tram yorker meeting last night in washington saying that this seems to lead in the right direction. in frankfurt thank you. mentioned posted some pretty bad results today the german comic has said second ....
Interesting details that mr draghi though was sharing during his press conference with reporters he said to reporters that interest rates in the euro zone will remain at the record level of zero percent at least until summer two thousand and nine hundred so of course this gives speculation that after this it could be a change it was also announced at the bond purchasing program which is set to expire by the end of this year will already be reduced this fall from thirty billion euros a month to only fifteen billion euro some months mr draghi also shared some general assessment about the european economy how it s doing let s have a listen to what he set. while uncertainty is notably related to the global trade environment remain prominent the information available since our last monetary policy meeting indicates that the you are economy is proceeding alone is so broad based growth. meyer draggy the financial guru how many ....