hello and welcome. let s start with the situation in sudan, and the us secretary of state antony blinken has spoken on the phone to the leaders of the warring factions there and called for a ceasefire. he s said to have expressed grave concern about civilian deaths and injuries in separate calls with the heads of the armed forces and the rival paramilitary rapid support force. this is the latest footage coming out of the conflict. sudanese citizens have been seeing this barrage of artillery fire light up the night sky in the capital khartoum. both sides now claim to control key sites in khartoum, where most of the violence has taken place. the european union says its ambassador to sudan was assaulted in his home there. caught in the middle, are sudan s civilians. it s one of the poorest countries in the world, and millions need humanitarian aid. let s hear from some of them. actually i live in east khartoum, less than 15 minutes away from the military headquarters and airport
let s start in china, where the latest figures just released show the world s second largest economy grew faster than expected in the first three months of the year at 4.5%. this is the first set of quarterly gdp figures following the end of strict covid 19 restrictions in december. they also follow the easing of a three year crackdown on tech firms and property. lets get reaction from julian evans pritchard, head of china economics at capital economics. this is better than expected. most people are saying we re looking at 4% growth, give us your take on this number? really the strength is all about the consumer centre, we saw the vigors beads on the retail sales numbers are more generally in qrs or the household savings rates, so households are feeling more comfortable, households are feeling more comfortable, spinning again, they have comfortable, spinning again, they have the comfortable, spinning again, they have the possibility - comfortable, spinning again, they ha
self willed island of taiwan. this comes after a meeting between the taiwanese president and the house speaker kevin mccarthy in california last week. the sentence, as the international monetary warns of severe weakness in the global economy over the next half a decor have other decade. the outlook for economic growth in the next five years is the weakest in a while. earlier i spoke with peter mwai, chief executive of xm australia. he told me situations like these are when investors may look to rebalance their portfolios. well, they look at escalation, they look at rhetoric, they look at market interpretation as far as news, and they said there and they say right, are there and they say right, are there other opportunities? are there other opportunities? are there certain sectors of the market to be removed from all other markets only to be looking stronger out, be it gold or retail versus institutional or mindset, so we have a degree of concern and we just need to wear th
and are earning more than ever before. let s start with oil prices, because they ve risen some 20% over the past three weeks. this time last week, prices surged after the oil cartel, opec +, decided it would reduce its combined output by 1.1 million barrels per day. crude prices climbed after the cartel s announcement, but later in the week they steadied, following the latest us and chinese economic data which suggested weaker post pandemic growth. so where are we headed? russ mould, investment research director at aj bell joins me now. i m very excited about this. you are down by the seaside in brighton but actually here today. on the bank holiday we dragged you in. what are your thoughts about oil right now? opec + is seen as this organisation by the white house is not especially helpful when it comes to our outlook for the global economy, cutting production and causing another spike in the price of oil which is very inflationary? it spike in the price of oil which is very
china is the world s largest car market, and whilst tesla generates most of its money from its electric car business, boss elon musk has committed to grow its solar energy and battery business to roughly the same size. here s mariko with the details from singapore. it is quite a big deal because of course, tesla already has that huge plant in shanghai to make electric cars, so it is basically increasing its investment in china. the fact that this announcement came when tensions between washington and beijing are quite high, that is quite interesting. as you said, this is a mega factory, to produce mega packs. they are basically very large batteries that can store energy, so that they can help stabilise the power grid and also prevent outages. now, of course, many of our viewers associate tesla with those electric cars and that is where the company generates most of its money from. but the company s boss, elon musk, is very keen to also grow its solar energy and battery busine