we look at the implications for financial markets. days away, we focus on the financial battle i am monica miller. we begin in china, where markets closed lower, biggest economy for the second quarter. a cause for concern. another worry for market watchers, the direction of us interest rates and the fed meeting that takes place next week comes amid an earning season showing strong results for corporate america. earlier, i spoke to portfolio managerjun bei liu, who told us that she is expecting china's government to step up support for the economy. to be quite frank, over the next six months, we should see increased stimulus out of the chinese government,

because china have set a growth target and they will try very hard to get there. clearly the last quarter result was very disappointing and it caused a minor shrink in what was achieved stepped up in the last month or so its support for the cyclical sector such as housing. month of thejune quarter and we do hope that gets market participants are very much looking forward to the increase or step up in the stimulus. us banks are showing much positive sign in the us and that maybe the world's biggest economy isn't going to hit a recession. but is that true? are those worries starting to fade? of the coin where, at the moment good news for the us perhaps is not so good because it would mean that the corporate earnings

is very resilient, the economy rate increases so it does cast a little bit of doubt was shown pretty the strong likelihood of a pause, but now with the strong earnings, perhaps it is not. one company that has been at the centre of chinese�*s couple of days, you have heard the record high temperatures that have been recorded in china and elsewhere. the united states climate envoy, john kerry, is visiting beijing to press for more progress on tackling climate change. beijing and washington have great commercial hopes pinned on the transition to renewables in the next few decades. earlier i spoke to climate change and environmental economics expert, frankjotzo, and he told me both sides see technology as a key to tackling climate change. how to achieve continued economic growth and improve living conditions of course in developing and industrialising countries, while in fact reducing greenhouse gas

emissions, and technology is really the key aspect of that, and both the us and china are technology leaders in this field. so they both see economic opportunity. these two countries are the biggest investors in renewable energy — are they making any dent in bringing down emission levels? yes, look, we see continued declines in greenhouse gas emissions, so china's greenhouse gas emissions grew at tremendous rates in the 2000s and early 2010s, than flatlined, and since then have been on a slight upward trajectory again, and that contrasts with china's pledge to peak its emissions by 2030. so no more increases sometime before 2030 and of course the expectation is that china will act on that and the hope is that china can bring that peaking of its emissions forward in time and then can engineer a rapid decline of its emissions thereafter. china is by far the largest greenhouse gas emitter in the world now and really the world's action on climate cannot be effective without effective action and leadership by both china

and the united states. can we expect any progress being made, coming out of these talks? yes, absolutely there's historical precedence — in 2014, a joined announcement between the us and china on climate change really in many ways paved the way to the paris agreement. you need the two biggest economies in the world to agree on a way forward in order for everyone else to leverage off that. there is absolutely that opportunity. methane emissions will be a centrepiece of these talks. there is absolutely opportunities in the two largest methane—emitting countries in the world to make progress on this short lived greenhouse gas, which is a majorfactor in short—term global bonding.

now to india. late last week india signed an agreement with the united arab emirates to allow settlement in trade of rupees and serve dollars. there are reports india's finance minister and her indonesian counterpart discussed a similar proposal ahead of the ongoing 620 proposal ahead of the ongoing g20 meetings in india that are currently under way. these developments come on the back of the indian central bank allowing trade settlements between india, russia, sri lanka and a dozen other countries in rupees last year. these are bold moves, say experts, to push the rupee onto the global stage and could help the global stage and could help the country catch transaction and conversion costs, but there are challenges. a major hindrance is the rupee�*s full convertibility, where the currency�*s exchange rate would be left to market factors rather than regulatory intervention as is currently

the case. if this were to be done though, it could increase the volatility of the country. —— currency. anotherfactor is india's minuscule share of world trade and its trade deficit with most countries. it makes the rupee list acceptable to importers and exporters. the rupee currently accounts for under 2% of the global foreign exchange transactions, versus over 80% for the us dollar. these are still early days but there is clearly a long way to go before the rupee can become a highly tradable, international currency. with the fifa world cup tournament kicking off this week on equal pay for male and female players remains a hot button topic. katie silver has more from sydney. and excitement is starting to build. we have seen for example last night one of the sponsors put up a huge board just about a ten minute walk that way one

of the iconic parts of sydney, martin place. we are seeing increased signage around the streets and about ten minutes�* drive that way is where the sydney football stadium is, which is where the matildas will take on ireland on thursday night but, as you mentioned, the matildas have made headlines in the last 2a hours for reasons other than football. they have put up a video, 23 matildas really advocating for a change when it comes to workers conditions and pay at this elite level and in fact at all levels of women's football, and in it, they reflect on the journey that the matildas have gone through so who better to speak to about thisjourney than kate gill, a former matilda herself, striker, former captain and now you jointly lead up the organisation, professional footballers australia, which advocates for footballers working conditions and pay. tell me, you stopped playing in 2016 at international level. you played, sam kerr came up underneath you. what have you seen in your time as a matilda and the way things are developed? look, the progress has been pretty rapid, especially the last decade but if we look

at the matildas context, they have literally gone from sewing their own coat of arms onto their playing kits and asking for their kits to be washed as like a minimum for what they were wanting to expect, to now having parity with the socceroos, so the journey has been long and winding and they know that they stand on the shoulders of giants who have paved the way for them but they also know that they need to keep progressing the game forward to allow for broader opportunity for those that follow in their footsteps. i was struck as well that they had to advocate to have their laundry done for them. you mentioned how they stand on the shoulders of giants — of the matildas certainly see themselves as advocates amazing, historic agreement back in 2019. can you talk us through what that achievement was? in 2019, the players, along with the football federation australia — at the time, which is now football australia — sought to really leap forward into how they professionalise the women's game and they thought the way to do that was to have parity with both of our national teams so both of our national teams

could achieve the same glory effectively, so that meant they had the same resourcing, conditions wrapped around the national team environment in this country and has allowed those coming up through the ranks to actually be really ambitious about wanting to be a matilda or a socceroo, but they also to collectively bargain their rights as well, which is not a luxury for a number of players competing in this tournament, and that was really clear in the message, that collective bargaining is a human right and everyone has a right tojoin a union and i think they're very much speaking about the fact that needs to be a pre—requisite for all footballers competing in this tournament. australia. this is seen as a watershed moment for many, when it comes we have seen various countries around the world advocating it, but as i say, this tournament is due to kick off thursday

evening. before we go, let me tell you about a story now on our website. against the malaysia government for seizing lgbtq—themed watchers from its rainbow—coloured pride worth roughly $14,000. homosexuality activity is in malaysia under both illegal in malaysia under both secular and religious laws. that is all we have for you. goodbye for now. bbc news, bringing you different stories from across taken into old when she was taken into care. now 1a, she is using

old when she was taken into care. now 1a change using old when she was taken into care. now 1a change life g old when she was taken into care. now 1a change life for voice to help change life for people like her. to make sure, like, children _ people like her. to make sure, like, children in _ people like her. to make sure, like, children in care _ people like her. to make sure, like, children in care are, - like, children in care are, like, children in care are, like, ofa like, children in care are, like, of a national she is part of a national campaign to ensure have experienced people have protection against discrimination. a motion by precious and olden youth council was passed by the local authority to council was passed by the local al care ty to council was passed by the local al care experienced people are of care experienced people are part of local decision—making, and took a and last month, precious took a petition to number ten, and last month, precious took a petition i protection en, and last month, precious took a petition i protection in , and last month, precious took a petition i protection in law. for more protection in law. terry galloway is leading the for more protection in law. terry galloway is l careg the for more protection in law. terry galloway is l care a the campaign to make care a protected characteristic, like campaign to make care a protected character is c, like campaign to make care a protected character is a like campaign to make care a protected character is a big e the moment, there is a big focus — the moment, there is a big focus on _ the moment, there is a big focus on children's care doesn't end at 18. the care experiences for life. the government _ experiences for life. the government says - experiences for life. the government says they i experiences for life. tie: government says they don't believe making care a protected characteristic would be positive. instead, they are

extending corporate parenting responsibilities to all government departments. but the campaign will continue at a local stories local level. for more stories from across the uk, head to the bbc news website. i offer the catch up. ai continues to threaten jobs. an exciting development for dementia and survival at sea. lucy has said being on x—factor in 2012 felt like being in an lucy has said being on x—factor in 2012 felt like being in she now revealed the reason she left the itv show weekly after week three of the contest was because she had been raped and wasn't actually ill. lucy also says the industry needs to change to better protect people taking part in reality tv shows. duty of care evolving their duty of care

processes. some other stories for you now. units could be restricted in students to poor quality courses. rishi sunak is that he wants to put end to that he wants to put an end to people being taken advantage of. more on al then, the head of. more on al then, the head of the ai government taskforce has told the bbc that protecting british drops will be a challenge as ai systems have become more advanced. there have already been reports of multiple job losses because of multiple job losses because of it. next, could there be a turning point in the fight of it. next, could there be a turning dementia? fight of it. next, could there be a turning dementia? following a against dementia? following a global trail a new drug has against dementia? following a global tn decline. drug has against dementia? following a global tn decline. time 1as against dementia? following a global tn decline. time alforte cognitive decline. time alforte in seconds of survival madness. this australian sailor and the dog survived two months in the pacific ocean by eating only raw fish and drinking rainwater. they can't imagine that tasted nice, but it did do the trick of keeping them alive, which, of course, is all

that matters. we were all later. caught up now. see you later. —— you are always. here's what's coming up. now or never. england recall their all—time

leading wicket—taker