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After the chinese government chose not to announce any additional measures today. Chinas chief economic planning official, zheng shanjie, told a Press Conference earlier hes fully confident the country can hit its 5 Growth Target for the year and had no further policies to reveal to boost chinas struggling economy. For more im joined by Alicia Garcia Herrero chief asia pacific economist at the bank natixis. Has that disappointed investors . Did they expect more . Yes they did because there was already a softening of the market overseas. Of course the chinese market was already closed. But already by friday you could see overseas markets waiting for more on the fiscal side. This Press Conference was announced in china and there was a big expectation that it would go beyond the 2 trillion. That they had an officially announced. The reality is they didnt even fully confirmed that and the markets remained a little bit surprised that they would call a Press Conference for such little infor ....
The worlds biggest Trade Blocs is deepening with china announcing new tariffs on Brandy Imports from the european unIon. It follows last Weeks DecisIon by the eu to push ahead with Import Taxes of its own on Electric Vehicles from china. Last Year China imported about 1. 8bn of brandy from the eu with the vast majority coming from france. From Friday Companies that import will have to pay a tariff of up to 39 to the chinese government after they decided their own producers were being unfairly harmed. It follows the eu pushing ahead with tariffs of up to 45 of chinas Electric Vehicles which it says have benefitted unfairly from government help. Last Year Trade between the Eu And China was worth about 811 BillIon after it fell last year. With more tarfffs under consideratIon, it could fall further. Im joined now by Dr Deborah elms, head of Trade Policy at the Hinrich FoundatIon in singapore. It describes itself as a philanthropic organizatIon that works adavance sustainable trade. So the ....
A typical temperatures to end the week, will be around 11 or 12 degrees. Over the weekend, temperatures will rise just a little, most of the rain is coming into Western Scotland and northern ireland. Much of england and wales, it should be a dry weekend. Some early mist and but otherwise some sunshine. China slaps new tariffs on brandy from the European Union are two of the worlds biggest Trade Blocs heading for full blown Trade War . More than a dozen Us States say that tiktok is dangerous and addictive for children. Welcome to business today. A row between two of the worlds biggest Trade Blocs is deepening with china announcing new tariffs on Brandy Imports from the European Union. It follows last Weeks Decision by the eu to push ahead with Import Taxes of its own on Electric Vehicles from china. Last Year China imported about 1. 8bn of brandy from the eu with the vast majority coming from france. From Friday Companies that import will have to pay a tariffs of up to 39 to the chinese ....
Involved in either. There are so many layers of complexity to what is going on in seven lebanon at the moment. As hezbollah sends those missiles towards israel for that and the idf tries to push for that you heard Antonio Guterres defending the palestinian refugees and the work that they are doing for the place talking about the number of people displaced, 60,000 In Northern Israel for the more than1 million here in lebanon for the people who had to flee their homes because of the fighting. You listen to what is being said and you listen to whats going on, hes talking about diplomatic solutions, ways to try and solve theirs. None of those seem to be getting any closerjust yet. And he had some pretty blunt things to say also about israel is conducting the campaign in gaza. He said there is something fundamentally wrong with the way israels war in gaza is being conducted. He also said they are ordering civilians to evacuate does not keep them safe if there is no safe place to go. That wi ....
Warning as theyre heading into this it is incredible is right. Matt. Thank you very much, kate. New hour of Cnn News central starts now the national Hurricane Center out with a new update on Hurricane Milton. The track, the intensity when it is making landfall and the center calling it a Once In A Lifetime event and this has to stop that are the words of and that is what we were just told by the head of fema on this show about the false rumors swirling about the Agency And Disaster relief rumors being pushed by Donald Trump. And with 28 days until the election, Voting Groups are concerned how natural disasters like milton will be impacting your Vote And Voter registration. Im Kate Baldwin with john berman. Sara sidner is out today. This is Cnn News central we do have breaking news. We just got a Brand New updated forecast on Hurricane Milton the major hurricane is still a category four storm. A very powerful Category Storm with potentially catastrophic winds, as well as an extremely da ....