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liv was created in 2021 and backed by the saudi sovereign wealth fund. since then the two parties were better rivals, each engaged in lawsuits against one another. the mega deal essentially created a whole new golf association led by the saudis. meanwhile, us judge has granted a request from prosecutors to try some of the charges against crypto currency exchange ftx s founder sam bachmann friedman in a second trial next year. the 31 year old will stand trial in october of the charges stemming from the collapse of the now bankrupt firm. mr bachmann fred had pleaded not guilty to the charges. china s economy stumbled last month after the latest data showed industrial output in real estate sales both missed forecasts. earlier this week china s central bank slashed the interest rates in a bid to boost the country s post pandemic recovery. earlier i spoke to the smp global market intelligence and she s explained to me what is happening to china s economic rebound. ~ . ., , ....
were bitter rivals, each engaged in lawsuits against one another. now, the mega deal essentially created a whole new golf association led by the saudis. created a whole new golf samira hussein there. created a whole new golf meanwhile, a usjudge has granted a request from prosecutors to try some of their charges against cryptocurrency exchange ftx s founder sam bankman fried in a second trial next year. the 31 year old will still stand trial this october over charges stemming from the collapse of the now bankru pt firm. mr bankman fried has pleaded not guilty to fraud and money laundering charges. china s economy stumbled last month after the latest data showed industrial output and retail sales both missed forecasts. the economic rebound it saw after dropping covid restrictions late last year seemed to have slowed in the second quarter. earlier this week china s central bank slashed key interest rates in a bid to boost the country s post pandemic recovery. i spoke ....
yesterday s scathing report on inflation as well. dana: that number coming in much hotter than predicted. data suggesting the president s inflation problem is here to stay. the markets reacted accordingly. bill: the dow plunged almost 1300 points, the worst day since nearly the height of the pandemic in june of 2020. the sell-off fueling predictions of an even larger federal rate increase. dana: the rate hikes designed to drive down the inflation hurting your wallet. americans are paying more for everything this year, food is up more than 11%, that s the largest increase in 43 years. bill: wages are rising but can t keep up with inflation. that s leading to a 3% pay cut across the board. dana: despite all of that, president biden chose yesterday, of all days, to celebrate the so-called inflation reduction act. democrats touted the benefits of the $430 billion bill while brushing off the bloodbath on wall street. the stock market doesn t reflect the state of ....
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Intelligence and she s explained to me what is happening to china s economic rebound. ~ . ., , ., rebound. what we have seen for china is the rebound. what we have seen for china is the reopening rebound. what we have seen for china is the reopening really - china is the reopening really helping to power up the economy, but i think the numbers that we have seen official numbers on industrial production in particular, they represented a kind of slowdown in manufacturing and we have seen that in the rest of the world and to what it we have on hand at this point is a weakness but to a large extent this is also external when we look at regions including the us and europe, this is underpinning what we are seeing at this point in time, i think what we have actually isn t even recovery still for china and a lot of what we are seeing with services in particular, that kind of demand is pulling away from manufacturing goods produces someone that and i ....