Live from london this live from london this is business todAy. Is business todAy. We stArt in the Red SeA where irAn bAcked Yemeni Houthi rebels AttAcked two more Crude Oil TAnkers with missiles And drones on mondAy in whAt us CentrAl CommAnd cAlled Reckless Acts of terrorism. LAte lAst week the group releAsed these pictures of Another AttAck on the greek flAgged tAnker sounion. Since the houthis begAn tArgeting ships in support of the pAlestiniAns over the GAzA WAr bAck in november they hAve lAunched more thAn 70 AttAcks, sinking two vessels, Seizing Another And killling At leAst three seAfArers. The economic impAct hAs been felt fAr beyond the region with ships forced to divert on A long And costly detour Around the horn of AfricA. West coAst soAred 389 Betwen December And july. From AsiA to europe its been even more expensive up 469 over the sAme period. Those prices hAve eAsed A little since but Are still mAssively higher thAn when the houthis begAn their AttAcks. Peter sAnd is Chi
Mine. Get your solar generator and free panel at for patriots. Com. Im Katie Bo lillis in washington and vin is cnn closed captioning is broughT To you by Sokoloff Law Mesothelioma victims call now 30 Billion in Trust Money has been set aside. You may be entitled to a portion of that money all when 8085920400. Thats when 800 8085920400 so a good number one President Biden, returning to the campaign, Campaign Trail this holiday to stump for Vice President Kamala Harris, the two appearing and together in the key Battleground State of pennsylvania for the firsT Time since harris took over the top of the ticket and israeli prime Minister Benjamin Netanyahu says hamas will pay the heavy price for the killing of six hostages. As pressure grows in and outside israel to reach a Hostage And Ceasefire deal were alive from tel aviv. Plus why the u. S. Just sees venezuelan president Nicolas Maduros airplane. We are following these major developing stories and many more all coming in right here. Su
To the deflationary spiral however now because theres a strong trend of Wage Increases, Finance Minister Shunichi Suzuki says its over. Joining me now is seijiro takeshita, whos a professor at the university of shizuoka. Thank you for being with us today. Talk to us first of all, this is a pretty unique set of circumstances that japan has pretty unique set of circumstances thatjapan has been pretty unique set of circumstances that japan has been through for the past generation. It is todays Declaration Calls for celebration . Yes, i would think so. Concerning the fact that for two decades, we havent seen any wage rise. Where the only country to do that. There are a lot of recurring profits, bits nine redeeming to their employees. This is, in that sense, a remarkable change. In most of the estimates, there were around 4 , but now its been reported to be around 5. 2, exceeding expectations. fist been reported to be around 5. 2, exceeding expectations. Been reported to be around 5. 2, ex
American Steel Company and said its vital that the company remain owned and operated in the states. This is a big deal and notjust politically. And not just politically. Nippon and notjust politically. Nippon steel is said to pay 14. 9 billion to acquire us giant. But politically, this is territory President Biden knows too well. He is custom self as a champion of the Working Class and called themselves the most prounion president in history. He made headlines for walking the picket line with striking order Union Workers last fall. Unionised steelworkers could land the president support in his election bid, the North American Lustrous Union and for its part, former President Donald Trump pledged to block the deal if he retakes the white house. The president of the United Steelworkers International welcome to the coal from International Welcome to the coalfrom biden on International Welcome to the coal from biden on thursday, agreeing that Foreign Ownership will leave the us more honour
let s speak to james smith, developed markets economist at ing. people are talking of a mild recession. what does that mean? quite often when we talk about recessions and the gdp numbers we think of two courses of negative growth being a technical recession. but that doesn t always feel like a recession to people. when we see a recession to people. when we see a recession we associate it with widespread job losses, people spending less money, people trying to save more, because they re uncertain about what is to come. we are not necessarily seeing that now. the fall in gdp we saw in the third quarter was small, we might see another slight fall in the fourth quarter. but it is not comparable to recessions in the past such as 2008 and the covid recession. so it is worth putting that in context. fix, worth putting that in context. a recession is two sets of three months where growth has been negative. in terms of what it means for people, what will this mean? the uk economy is