Convertible currencies are left in hand, the world will have another tool for the possibility of leaving, uh, dollar payments, in addition to the yuan. Today. As a matter of fact, they come, so its not easy. Well, the closest ones, probably. Well have to work hard for a couple of years to create an alternative international infrastructure, if we talk not only about russia but about the world as a whole. Will the share of the dollar in settlements decrease . I think so. I dont think this will happen at a rapid pace. But the experience of what happened to russia impressed many of them. I say this with a negative connotation. Uh, therefore, i think that many countries will try to build alternatives, everyone is worried about what will happen to the ruble, many experts believe that the reason for its decline and volatility in the market is that there is no influx of foreign capital and reduced export earnings. Do you think this is true . These are some of the reasons, but the main reasons
Vindicates the focus on media and entertainment. ,ollow me on twitter rishaadtv use trendingbusiness as well. China out with manufacturing pmi numbers. Tom mackenzie is in beijing. What are we seeing here . A minor miss for the july manufacturing pmi data. At 49. 9, then manufacturing pmi for july. The forecast had been for 50, so marginally off. It was 50 in june. I dont think that will cause concern amongst holocene makers, but below forecast. China policymakers. Nonmanufacturing pmi and june was supported by the construction sector. July nonmanufacturing pmi 53. 9, so it will be interesting to see if services have picked up. Key details in the manufacturing firms,a is hiring by factories, keeping labor costs low, starting to increase employment numbers. Also, fixed Asset Investment has been weak. It had been hoped that the weaker renminbi would support manufacturing. Deflationary prices at the factory gates have eased somewhat. Thee is more credit in system in china, so manufacturer
And. In berlin, with this years Film Festival is getting underwayen find out what the organizers here did or rather didnt do. To upset north korea. Thats coming up, later. They have arrived off of their vision that the town conflict should be stopped. The trip is part of a diplomatic push to end the fighting. The u. S. Secretary of state offered his support to the ukrainian president. He is calling for an immediate cease fire, but rush are sha isen waying that its security will be under threat, if the u. S. Sends he that will weapons to ukraine. And nato has a meeting in brussells to decide on a new Rapid Reaction force. The military is planning to strengthen its eastern. Where the later meeting is taking place. This is a key meeting of nato defense ministers over response to the crisis the ukraine. Has anything come out of it yet. Well, the meeting has fin thished a little bit earlier than it was first planned so they have made certain agreements. The center piece will be this so call
Getting underway find out what the organizers here did or rather didnt do, to upset north korea thats coming up later. Hello there, thank you for joining us. Diplomatic efforts are underway to end the crisis in Eastern Ukraine which has killed more than 5,000 people since last april. The french president and the german chancellor are in kiev to push their new peace initiative. And present a solution that is acceptable to all. The u. S. Secretary of sate is also in kiev where he has met leaders and urged russia to crease support. He has called for an immediate cease fire in the east. Meanwhile, nato defense ministers have also. Discussing ukraine the alliance is seeking to bolster its military presence, in eastern europe, with the creation of a new Rapid Reaction force for 5,000 troops. Fission if secretary of state u. S. Banking and pointing a finger at moscow. Terrorizing. Refusing to participate. Spread the peace deal. Significantly. The site whether or not to supply ukraine with he
No to the renegotiation of the bail out term. I will be asking what challenges it faces. The take on gahni for the spot in the semifinals. We will know the lineup for that final later this hour diplomatic editor underway, which has killed more than 5,000 people since last april. The german chancellor are in dee ya to push their new peace initiative. They say that they will respect the territory and present a solution that is acceptable to all. John kerry is also in kiev where he has met with leaders. It calls for an immediate cease fire. A nato defense minister has also been in ukraine. Seeking to bolster europe, in the reaction to a new Reaction Force of 5,000 troops. Simon manager gregor wood has the latest. Just how serious the situation is becoming, first it was the secretary of state john kerry and then the Prime Minister. Pledging u. S. Backing and pointing a finning ther of blame at moscow. Russia the separatest are seizing more territory. Terrorizing more citizens. And refusing