17000000 americans earlier this Week Senate Republicans released a nearly one trillion dollar relief package of their own this was to counter the 3 trillion dollars package that the House Democrats passed back in may talks are scheduled to resume through the weekend but a deal still seems pretty far from sight. Commodities in crypto markets are heating up around the world as traditional equity markets take a breather from their epic rally last quarter well it seems like we are seeing a big asset rotation coming on. In the boom bust cohost Christine Christie chinese regulators theyre rushing to curb Precious Metals trading in order to temper speculation how dangerous is this for or the speculative market while this could be very dangerous especially when you take into account the huge middle Class Population in specially in a country like china weve seen this before and there was widespread market from a previously which created bubbles we had. Tech bubble we had an i. P. O. Bubble we h
This is boom bust the one business show you cant afford to miss. In washington coming up extra Unemployment Benefits are running out for millions of american congressional negotiations stalled for the next relief bill and we take a look at the hard hit Restaurant Industry to see how workers and Small Business owners are hoping to shut down for now limited capacity we have a lot to get to so lets get started. A looming deadline for democrats and republicans as unemployment aid expires admin night on friday while the Senate Republicans want to decrease those 600. 00 per week to 200. 00 but democrats that will theyre not settling for less parties are clashing on several sides including Liability Protections for businesses and schools and funding for state and local government now this comes as applications for Unemployment Benefits increased for the 2nd. Straight week in the week ending on july 18th the number of people receiving those jobless aid well they increased by 867000 bringing th
Regulators theyre rushing to curb Precious Metals trading in order to temper speculation how dangerous is this for or the speculative market while this could be very dangerous especially when you take into account the huge middle Class Population is especially in a country like china weve seen this before and there was widespread market foma previously which created bubbles we had the tech bubble we had an i. P. O. Bubble we had a crypto bubble and this is bad because bubbles tend to burst and they leave disaster behind burning a lot of careless investors who really didnt know any better so this mad scramble this time comes as gold prices hit a record high spurred by one investors hunting for a safe haven and also speculators feeling film of seeing these soaring prices and feeling like theyre missing out the i. C. C. Is now barring its climb from opening a new training accounts for politi and platinum basically all Precious Metals and this is to control risk and price volatility now go
And a consumer boycott of japanese goods. And the outsider who galloped to victory as the first person in the uk to compete in a horse race while wearing a hijab. Good morning. It is 7am here in singapore, midnight in london and 7pm in washington, where President Trump has announced a new 10 tariff ona trump has announced a new 10 tariff on a further 300 billion worth of imports from china. Mr trump said the levy would apply from one september. Here is how he made the announcement. China eats it, because they have to pay it, because what they do as they devalue their currency and they push money out. Our people havent paid, as you know, were also charging 25 on 250 billion, so we are taking in many billions of dollars. There has been absolutely no inflation, and frankly it hasnt cost our consumer anything. It cost china. And what has happened as a lot of companies are moving out of china so they can avoid it, the chinese have had a rough 20 this is their worst year in 27 years, accordi
Plans to have 48 teams at the tournament in 2026. And carol has the weather. Good morning. A breezy day ahead of us. For some of us, starting on a bright note with sunshine. It is cold. Thicker cloud in the west will introduce rain going from east to west during the day. Later the wind will strengthen. And ill have more details on the weather for you in 15 minutes. Thanks, carol. Good morning. First, our main story. Another strike is affecting services on Southern Rail. Drivers belonging to the aslef union will stop work for three days this week. The dispute about the role of the guard on trains has been going on for nearly ten months. 0ur South Of England correspondent, Duncan Kennedy, is at horsham Train Station. Duncan, what is the mood like among passengers there . It has been crippling train lines for ten months. Commuters are out there. You have to get up early. It ta kes there. You have to get up early. It takes longer. I am abandoning going out to town tomorrow. We will see how