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
And when blue cross welcome to the program a lebanese government minister has resigned following protests that left one Police Officer dead and more than 100 people injured information minister model. Said she was quitting because the government had failed to carry out reforms our beirut correspondent reports more resignations may follow perhaps the entire government will fall for testers blame their leaders for tuesdays poured explosions that killed more than 150 people shes the 1st Government Official to quit if you choose days catastrophic explosion in beirut but many in lebanon hope she wont be the last. In the hunt that is the point of no return the people are hungry the economy is collapsing the economic financial and monetary crisis is escalating while family children relatives and friends are harmless consumed by grief despair and frustration. Overnight people stormed government buildings and banks in the capital protesters taking their fury out on politicians whose corruption
Ripped through the capital beirut support was completely destroyed to start teams are now worried about maintaining suit stocks. And the Champions League returns after 5 months martin munich are big favorites for the quarterfinals im told to quickly find their groove. Pablo 40 s welcome to the program we start in india where at least 17 people were killed and more than 100 injured when a passenger plane skidded off the runway in the Southern City of cozy koda the Air India Express flight from dubai was carrying 190 passengers and crew and you will monsoon conditions appear to have played a role in the crash. Devastating remains of a passenger plane in kozhikode he india that skidded off the runway in heavy rain. I witness is described the planes fuselage breaking apart as it fell into a file a some 10 meters below 0. The boeing 737 flight from dubai was repatriating indian citizens stranded by the coronavirus pandemic a disastrous for passengers that had waited months to fly home and r
Matter of a looming election join me Steve Clemons in conversation with leading voices on the bottom line your weekly take on u. S. Politics and society on aljazeera. The world to be able to see. The covert 19 pandemic forced governments worldwide to impose look downs early this year. As 1000000 stayed at home for months normal life groundswell virtual holds. That meant a major reduction in air and Water Pollution some animals even reclaimed the stolen habitats. But as some countries start to ease emergency restrictions and governments implement plans to rescue their economies many are concerned the clear blue skies wont last forever. How will the post lock down surge in Greenhouse Gas emissions affect the Climate Crisis. This week we connect with one of the loudest voices urging an environmentally friendly Financial Recovery for the world the executive director of the International Energy agency dr fatty parol talks to aljazeera. Executive director of the International Energy agency a
Survivors after the explosion in beirut the president raises the possibility of external interference. Ripped apart after skidding off the runway at least 17 people are killed theres an Air India Express jet crashes in catalog. The u. S. State department has spoken out in support of a former top saudi intelligence agent who was allegedly targeted in a fall the sasser nation attempts it describes sather job as a valued partner and job or a filed a lawsuit in washington d. C. On thursday accusing the Saudi Crown Prince mohammed bin man of sending a hit squad to carol to try and kill him mike hanna has more. Patrick leahy was one of 4 senators who sent a letter to the white house last month in the letter the senators expressed their concern about what they call the abduction in saudi arabia of saddle jobbery son and daughter. In his court filing our jobbery said his children now aged 20 and 21 were being held as what he called human bait to lure him out of hiding the state department has