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China reports its slowest Economic Growth in decades so theres a Trade Dispute with the u. S. To blame for a Slower Growth simply chinas new normal breakdown the latest from beijing. Also on the show the e. U. Takes action against turkey for its gas drilling off the coast of cyprus will tell you what it means and how ankara has responded. And farmers in argentina could benefit from south americas new trade deal with the e. U. Board about other sectors well that depends on the u. S. This is your Business Report im Stephen Beers in berlin thanks for joining us the chinese economy continues to cool new Quarterly Results showing the slowest growth in 27 year ....
Korea s ongoing gas conflict with cyprus cast a long shadow over the meeting and the turkish foreign minister said his government would respond. that we have 3 ships there god willing we will send a 4th ship to the eastern mediterranean as soon as possible. the presence of the turkish ships and what cyprus considers its exclusive waters 1st prompted the cypriot government to raise the alarm with the e.u. last week. on monday e.u. foreign ministers meeting in brussels agreed to cut 145800000 euros in aid to turkey next year. and it s very clear that we stand behind cyprus this makes sense since we never recognize the turkish occupation of northern cyprus is normal for cyprus to want to define its own natural resources or to do conducive to. the e.u. also suspended negotiations over an aviation deal and canceled several. senior ....
So much thank you meanwhile your member states have agreed to impose penalties against turkey over its gas drilling off the coast of cyprus the european union doesn t recognize the turkish claim to the north of the island but ankara insists its actions are in line with international law. it was the dispatching of this turkish drill ship to what cyprus considers its exclusive waters that prompted the cypriot government to raise the alarm with the e.u. last week. another ship soon followed. on monday e.u. finance ministers meeting in brussels discussed what to do about it. do you. the provocations of turkey are an acceptable to us all and we stand with the cypriots this is going to be and it s very clear that we stand behind cyprus this makes sense since we never recognize the turkish occupation of northern cyprus it s normal for cyprus to want to define its own natural resources or to be conducive to ....
Launch its digital currency libra until it receives regulatory approval a senior executive at the social network plans to testify to u.s. lawmakers that the firm has no intention of directly competing with global currencies financial leaders around the world have expressed skepticism about facebook s plans among them u.s. treasury to treasury secretary steve minutiae one monday said his department had quote serious concerns that libor could be used for money laundering. e.u. member states have agreed to impose penalties against turkey over its gas drilling off the coast of cyprus the european union doesn t recognize the turkish claim to the north of the island but ankara and says that its actions are in line with international law. it was the dispatching of this turkish drill ship to what cyprus considers its exclusive waters that prompted the cypriot government to raise the alarm with the e.u. last week another ship soon followed. on monday e.u. ....