good morning, everyone. it is christmas. i m phil mattingly with poppy harlow. thank you for joining us on this special edition of cnn this morning. we hope you are having a wonderful christmas morning. merry, merry christmas. best day of the year i think for our kids. definitely for the kids. little stressful for the parents. this is the point where you start to relax a little bit hopefully. it was a busy night for santa and the kids. we ll go through his naughty and nice list. it was also a big year for women, the year for barbie, taylor swift, beyonce, any way you spin it, powerful women left a remarkable impression on 2023. we ll take a look at that impact. robert kraft has been spearheading an effort to counter hate. we ll speak to kraft and why he says despite a rise in anti-semetic attacks, americans want to do the right thing. the top stories of the day. good morning. merry christmas. i m danny freeman. this morning israeli prime minister benjamin ne
may s numbers but still paint a picture of a bleak and faltering recovery and at the same time youth unemployment is hitting record highs. china is counting the cost of week demand. chinese exports fell at the fastest pace in june and a additional factor is the scarring effects of zero covert. the time of deep uncertainty which cost services and businesses to save more. looking ahead, investors and economists are looking towards this expected meeting taking place at the end of the month. the government has promised to make stimulating consumer spending a top priority. in just a few hours tickets go on sale for select dates of careless swifts uk tour.
suggests china s post covid boom is clearly over, unquote. economists say this that china is counting the costs of weak demand both at home and abroad. there was flesh out data that came out last week. china reported the exports fell at its fastest pace in three years in june. and anotherer the scarring effects of covid, the uncertainty, caused consumers and businesses to save more, instead of purchasing more. all eyes now on what policymakers in china are going to do next, rahel. yeah, i think a lot. people expected chinese population to spend more than they did, as you point out, thank you. let s take a look at markets around the world, you can see asia markets are mixed with hong con, positive one-third of a percent. european markets solidly lower. paris is off 1.4%. let s look at u.s. futures, quickly. across the board, red arrows worse among them. stocks closed mixed, jpmorgan
the scarring effects of zero covid. as you recall, it was china s harsh covid policy. the uncertainty of that policy made consumers want to save more, instead of buying more. instead of going out there and making new purchases and investments. looking ahead, all investors have all eyes on an expected politburo meeti ing later this month. kristie lu stout, thank you so much. still ahead on the program, iran s morality police are back to enforcing the job for women. and some are already pusushing back. am i? ya! save $1200 on our most popular slsleep number 360 smart bed. plus save up to anan additional $500 when you add select adjustable bases.