By Flaunting His business value. That the scene as he makes his way to the court. We will take you back there live if there developments. We begin in the us, Wherejoe Biden Has said the us will continue to provide support for ukraine after further military funding was excluded from a last minute congressional budget deal. The temporary measure was pushed through to avert a government shutdown, but it doesnt include 6 billion in military aid for kyiv which is a top priority for the white house. Lets get the latest on this with our north America Business they pushed it to the wire, an 11th hour deal but a deal nonetheless. Well, look, it is a deal of sorts, and in the sense we are talking about workers being put, government worker, federal workers being put on furlough or having their pay delayed. Instead this deal pushes the condition down the road for another couple of weeks, they have passed a Stopgap Resolution that funds the government through to november 17th. At which point, the c
Watched by the pharma sector as well as healthcare officials. this reform was meant to published late last year and was again promised to be unveiled this week but it has been delayed again. is there a standoff between the commission and phrama companies? joining me now is guido cozzi, professor of macroeconomics, university of st gallen s school of economics and political science. good to see you. what is going on with this huge reform and what challenge does it present to the medical industry? the storm is historically - to the medical industry? tue: storm is historically important for europe and it is meant to increase the speed of delivery of important medicines, increase their production and possibly stimulate and protect innovation. however, there are
Workers not to fully reflect the price increases into their wages or produces not to fully reflect the cost increases into their prices? their prices? sorry to interrupt, their prices? sorry to interrupt, but - their prices? sorry to | interrupt, but briefly, their prices? sorry to - interrupt, but briefly, we are almost out of time, do you think, as some believe, that inflation has peaked globally? globally, yes, but unfortunately i don t think that this is guaranteed for europe and the uk.- that this is guaranteed for europe and the uk. thank you, for analysis europe and the uk. thank you, for analysis and europe and the uk. thank you, for analysis and concise - europe and the uk. thank you, for analysis and concise last. for analysis and concise last answer, guido cozzi, professor of macroeconomics at unversity of macroeconomics at unversity of st gallen in switzerland. let s turn now to one of britain s best known billionaires. sir richard branson and his virgin group employ
The news was expected to be bad, but it s a lot worse, revealing trade in china has been hit hard by the strict covid restrictions that have been eased in the last week. data just out shows china s exports in november contracted by 8.7% compared to the year before while imports tumbled 10.6%. in the face of widespread protests in china, the government has begun to unwind its flagship zero covid policy. but now there are warnings removal of the restrictions risks sparking an unparalleled winter wave of covid infections that would rapidly overwhelm china s healthcare system. joining me now is guido cozzi, professor of macroeconomics, university of st gallen.