Time for a look at the Business News now with marc ashdown. Hello, this is World Business report, im marc ashdown. We start in the us, where the all important Inflation Data is just out. Prices inched up injuly, but less than expected. The Consumer Price index, a key inflation figure, rose 3. 2 compared to a year ago. It was running at 3 injune, so on the face of it, the pace of price rises has ticked up again. But the markets had expected a bigger increase, so could todays figure be good news . And could it be enough to persuade the Federal Reserve to leave Interest Rates unchanged next month . Lets bring in our north America Business correspondent michelle fleury. Firstly, talk us through the reasons behind this uptick. Inflation had been easing gradually, why has it gone up . Some of this has to do with comparisons of where we were last year and the way the data is compiled but some of it is things like rising Housing Costs and stuff like rising Housing Costs and stuff like that. I
Prevent capital from some investing in high tech sector investing in high tech sector in china such as Quantum Computing, Artificial Intelligence and advanced semiconductors. The goal is to stop the speed up of technology that could help china develop weapons for use against america in a military context. We put also require firms to make arrangements to report activities. Potentially laying the ground for more restrictions down the road. The regulations are not expected to take effect right away and there will be a period so businesses can weigh in on the proposal. China is the worlds second biggest economy, a vital market for American Companies and the concern expressed by some us executives may explain why this order has not been released until now even though expected back in february. A senior official described the move as targeted saying this is our National Security action not an economic one and adding the us is not decoupling our economy. The move is likely to upset beijing w
Beijing has reacted angrily saying it s gravely concerned about the order. A spokesman for the Chinese Embassy in washington said the curbs seriously undermine the interests of chinese and American Companies and investors. But republicans have said the restrictions don t go far enough. From new york, Michelle Fleury has more. This is a new front in the tech war between two global superpowers. The restrictions prevent American Private equity and Venture Capital firms from investing in high tech sectors in china such as quantum computing, Artificial Intelligence and advanced semiconductors. The goal is to stop us capital and know how from speeding up the development of technologies that could help china develop weapons for use against america in a military conflict. It would also require firms making investments in a broader range of sensitive Chinese Industries to report that activity. Potentially laying the ground for more restrictions on investments down the road. The regulations aren
Kilometres up, and the rocket will cause go to the Edge Of Space, where there is zero gravity and weightlessness for a few moments. Those are the live pictures as they start that 90 minute live lets bring in dr stefania soldini, senior lecturer in space engineering. She is in liverpool and also watching these pictures. Is in liverpool and also watching these ictures. ,. ,. , these pictures. How excited are you to see a mission these pictures. How excited are you to see a mission like these pictures. How excited are you to see a mission like this these pictures. How excited are you to see a mission like this get these pictures. How excited are you to see a mission like this get off to see a mission like this get off the ground . It is always very exciting to see and witness such an exciting flight, so for people, all eyes are on the tv at the moment, really. find so for people, all eyes are on the tv at the moment, really. Tv at the moment, really. And it terms of a tv at the moment, r
China, such as Quantum Computing, Artificial Intelligence and advanced semi conductors. The goal is to stop us capital and know how from speeding up the developments of technology that could help china for developing weapons for use against america in a military conflict. It would require firms making investments in a broader range of sensitive Chinese Industries to report that activity. Potentially laying the ground for more restrictions on investments down the road. The regulations arent expected to take effect right away, and there will be a Public Comment period so businesses can weigh in on the proposals. China is the worlds second biggest economy. A vital market for american companies. And the concern expressed by some us execs may explain why this order, which was expected back in february, hasnt been release untilled now. Until now. A Senior Administration official described the move as saying that this is a National Security action, not an economic one. Adding that us is not d