the international monetary fund warns that a "no—deal" brexit on world trade organization terms wouldail "substa ntial costs" for the uk economy. iam i am live in salford university where we are speaking to students and businesses about tear predictions for the next six months. a race against time. rescuers in the philippines are digging through mud to find dozens buried by a landslide that hit as typhoon mangkhut battered the country. an mp who fought to save the life of pc keith palmer during last year's westminster terror attack tells of the desperate moment the officer died in front of him. coming up on afternoon live, all the sport. great britain have completed an unprecedented clean sweep of cycling's grant tour siteles after simon with the weather it is darren. a lot of hot hair in the programme today, we have got storm helene, it will pick the winds up overnight. bring some rain and warm tropical area. it isa some rain and warm tropical area. it is a windy week on the way. looker forward to also coming up. all this week we're going to bejoining radio 1's newsbeat political tea

the international monetary fund warns that a "no—deal" brexit on world trade organization terms wouldntail "substa ntial costs" for the uk economy. i'm in brexit burnley, where the economy is booming. so with their vote for leave affect — or not — those positive steps forward? and in other news this hour. a race against time, as rescuers in the philippines dig through mud to try to find dozens buried by a landslide after typhoon mangkhut battered the country. details emerge of how the mp tobias ellwood battled to save police officer keith palmer, who was stabbed to death in the attack. and an end to the scallop wars — leaders from british and french fishing industries agree on a deal. the prime minister has told the bbc that mps will have a choice between her proposed deal with the eu — or no deal at all. the comments — made to the panorama programme — have prompted her critics to say she's risking a car crash if she sticks to her policy. the uk is set to leave the eu on 29 march 2019, and negotiations between the two sides are still taking place. the prime minister has insisted that

the international monetary fund is warning that a "no deal" brexit would lead to a "significantly worse" outlook for the british economy. in the philippines: rescuers are digging through mud to find dozens buried by a landslide that hit as typhoon mangkhut battered the country. and simon yates' win mean great

that led the government back to the doorstep of the international monetary fund, looking for money toll. now, at the hasn't he needed some guarantees —— imf like leading currencies free slowly on currency markets, the chief also stressed the importance of maintaining some fiscal spending. accelerating the fiscal spending. accelerating the fiscal efforts, maintaining social protection as much as is possible, and some of the measures that have already been announced are significant changes going forward, and hopefully will restore confidence in the argentinian economy that has so much to offer. argentina has once again won the approval of the imf for its economic plans, and now await the judgement from the financial markets. —— awaits. let's stay in washington, where the us federal reserve has raised the cost of borrowing again by o.25%. it has also predicted another interest rate rise this year, and three more to come in 2019. kim gittleson was at the fed. markets of course do not like surprises and state's federal reserve meeting, well it had absolutely none, it did absolutely nothing

the international monetary fund warns that a "no—deal" brexit on world trade organization terms wouldntail "substa ntial costs" for the uk economy. and in other news this hour: a race against time, as rescuers in the philippines dig through mud to try to find dozens buried by a landslide, after typhoon mangkhut battered the country. details emerge of how the mp tobias ellwood battled to save police officer keith palmer, who was stabbed to death in the attack. and at quarter past eleven we'll be taking an in—depth look at the papers with our reviewers christopher hope, chief political correspondent at the telegraph, and miranda green, deputy comment editor at the financial times. stay with us for that. good evening and welcome to bbc news. with just over 6 months to go before the uk is due to leave the european union, the prime minister has declared that mps will be presented with a choice between her proposed brexit deal or no deal at all. theresa may spoke to bbc panorama this evening, prompting her critics to speak out again, with the former foreign secretary, borisjohnosn, renewing

meanwhile, the international monetary fund says that if britain leaves the eu without a deal, it wouldantial costs on the uk economy. the imf‘s managing director, christine lagarde, said that all brexit outcomes would entail costs, but that a disorderly departure would lead to a reduction in the size of the uk economy. our economics editor kamal ahmed has the story. it is coming towards us at pace. brexit day. so much still to do. a daunting prospect, the imf said, as they arrive from america for the annual analysis of the uk economy. christine lagarde said it was time for wise heads to get a deal done. overcoming differences, reaching agreement, and closing a deal with the eu will be critical to avoid a no—deal brexit, which would impose very large cost on the uk economy. could you outline why you think a no—deal would be so bad for the uk economy? it would be a shock to supply. it would inevitably have a series of consequences, in terms of... reduced growth, going forward. increased deficit, most likely. depreciation of the currency. and it would... you know... in reasonably short or

today the international monetary fund says any brexit deal will have a negative consequence on the uk adding a no—deal brexit would be dire. from happy hour to happy days ahead? we speak to ex—pats in bulgaria who are questioning what the future post—brexit holds for them. with just six months to go until the uks expected departure — we're live from brussels with the latest from there, and hearfrom residents in burnley, asking them how they feel about voting to leave two years on. more than two million people have now been moved from their homes in southern china as typhoon mangkhut battered its way across south east asia. and the desperate details of how mp tobias ellwood battled to save police officer keith palmer who was stabbed to death in the westminster bridge attack. and coming up on the bbc news channel, simon yates' victory at the vuelta a espana means british cyclists have completed an unprecedented clean sweep of the three grand tour titles. good afternoon and welcome to the bbc news at one. in an interview for the bbc‘s panorama programme theresa may says the only alternat

of zimbabwe's capital fights a cholera outbreak a lot of negatives from brags that the international monetary fund warns of major problems for the u.k. economy if there is no deal with europe. hello again we're here across the caspian we are watching the showers pushing across the northern areas of the caspian forbye kudo really not looking too bad over the next few days twenty five degrees maybe a possibility of a. a little bit of a rain shower activity as we go towards the afternoon timeframe but down towards the south quite city really not looking too bad about forty five degrees and then as we go towards wednesday forty two degrees but we do expect to see probably some high humidity in your forecast there as you make a way down across parts of the gulf it is going to be quite humid here in doha thirty eight degrees and relative humid expectedly in the morning in the evening may be reaching at about eighty to eighty five percent in the worst parts of the day over towards maybe about thirty nine and down along the omani coast some clouds for salon at about twenty eight degrees as we go towards w

argentina has agreed a new bailout program with it international monetary fund.tephen: it is the largest imf has ever handed out. argentinian government is battling a currency crisis that has seen the pay so losing half of its value. the imf will frontload payments to argentina and has paid $15 billion so far this year with another $30 million before the end of 2018. the conditions for the bailout have been changed. argentina will need to keep its budget deficit at zero and a surplus in 2020. that will mean tax increases and spending cuts. the central bank will only be able to intervene to support the currency if it drops below 44 39.s, currently around they have spent billions to prop the currency up and this wilille change in policy. change in policy.y. take a a listen to what they had to say. >> i support the international communitycommunity, in this case international monetary fund will a live our country to leave thee over the future of air france. stephen: the government reduced its stake. smith telling the financial times that unions should not count on th

the international monetary fund has extended the fifty billion dollar bailout loan to argentina when president . for an early release of the i.m.f. funds the peso tumbled to a new low against the dollar ending the day of nearly half the value it had on january the first not implicitly with a dollar worth over forty pesos we cannot buy teaching materials supplies or tools to support him don't wonder if the show inflation is exceeding thirty percent and we are earning less than we need to feed ourselves there are teachers who are living in poverty. protesters say basic needs get more expensive every day you took your rates have increased one thousand five hundred percent and businesses are closing leaving more people jobless they blame president mccree for what they call neck anomic disaster. economists say the government needs to stop foreign currency from leaving the country however the government has done the exact opposite totally deregulated market. sort of setting the grounds for this run on the dollar president mccree is trying to ease panic among investors he has promised to res

the international monetary fund warns that a "no—deal" brexit on world trade organization terms wouldail "substa ntial costs" for the uk economy. i m in brexit burnley, where the economy is booming. so with their vote for leave affect — or not — those positive steps forward? i'm julian worricker. the rest of the day's other main stories on bbc news at 5: details emerge of how the mp tobias ellwood battled to save police officer keith palmer, who was stabbed to death in the westminster bridge attack. and — a race against time, as rescuers in the philippines dig through mud to try to find dozens buried by a landslide after typhoon mangkhut battered the country. it's 5:00, i'm vicki young at the university of salford. in an interview for the bbc‘s panorama programme theresa may says the only alternative to her approach to the brexit negotiations would be leaving the eu without a deal". the prime minister also criticised plans by brexit—supporting members of her party to try to resolve the irish border issue. in response, the former foreign secretary boris johnson criticised her approach

they also include the international monetary fund. the imf‘s warned that the uk economy will be damaged by any brexit, especially a no—deal brexit, and the chancellor urged people to listen. we must heed the clear warnings of the imf and others of the significant cost that not reaching a deal with the eu will have for british jobs and british prosperity. also today, the mp who tried to save the life of a police officer after the westminster bridge attack speaks at the inquests. a special report from the small palestinian village in the west bank, threatened with destruction by the israeli authorities. this is a very nasty scuffle. not lots of people involved but it is very symbolic and all of this is important because it is about control of this land, notjust now, but in the future. and the president stands by his embattled nominee for the us supreme court who's facing historic allegations of sexual assault. and coming up on sportsday on bbc news, two gold medals at the world equestrian championships. ros canter makes it look easy as

requested a fifty billion dollar relief package from the international monetary fund the miss as spots widespread protests across the country but agree look a full day when they sit there and cover what's missing during this transition that's become an emergency will ask those who have more capacity to contribute i'm referring to those who export in argentina that your contributions a greater. people who we have known in regard to our governing team has made the decision. to reduce the number of ministries to list them home given the moment that's ahead of us i've decided to reduce my cabinet even more so we can give the upcoming agenda remove focus to respond to these changes we're doing to our team and with the advances we're making the i am in we begin to overcome the crisis while always always taking care of those who need it the most correspondent trees about who has more from what us areas. trying to relaunch his government after what is considered to be the most difficult days since he took office three years ago the president announced earlier today that he's taking extreme mea

international monetary fund has extended the fifty billion dollar bailout loan to argentina when president. for an early release of the i.m.f. funds the peso tumbled to a new low against the dollar ending the day at nearly half the value it had on january the first is that we did dollar worth over forty pesos we cannot buy teaching materials supplies or to us. inflation is exceeding thirty percent and we are earning less than we need to feed ourselves there are teachers who are living in poverty protesters say basic needs get more expensive every day you took your rates have increased one thousand five hundred percent and businesses are closing leaving more people jobless they blame president for what they call neck anomic disaster. economists say the government needs to stop foreign currency from leaving the country however the government has done the exact opposite totally deregulated markets. sort of setting the grounds for the run on the dollar president mccree is trying to ease panic among investors he has promised to restore economic growth while cutting argentina's budget deficit re

they can set some symbolic move and perhaps actually do something but the international monetary fund is there it was founded just for crises like these to help out and the i.m.f. is in talks with argentina probably the best method is to get one country's crisis solved convincingly turkey would have an opportunity to next week when its central bank meets raise rates drastically for example. for us in frankfurt thanks a lot. and some city street food is all the rage right now but if you add it to florence and you're hoping to grab a slice of pizza with a view of the product so they care you might have to think again if this is joining raymond venice in restricting where or when tourists can eat false food on the street. it's a beautiful day in florence masterpieces of renaissance architecture everywhere and everywhere tourists munching fast food anywhere they can find a seat the locals say they're a nuisance the tourists say they have no choice there's not a lot of place to have a lot of seats in play both sitting on the three to three only solution. but that may soon come to an end th

the head of the international monetary fund warns that many critical issues are unresolved, six months union. major rescue and clean—up operations are under way across the philippines, china and hong kong, following typhoon manghkut. at least 65 people are now known to have been killed in the philippines. they say beauty is in the eye of the beholder. 0ne south korean artist is taking that to heart. let's take a look. that is an interesting take, isn't it? let's return to brexit. how do they feel about brexit more than two years on from the vote in burnley? christian fraser has been to find out. it's one of the oldest stadiums in england. in the smallest town ever to field a premier league game. this burnley squad looks to upset the established order, with players that seem to reflect the same stubborn character as the men and women who follow them around the country. this time it's a trip to wolverhampton wanderers. another chance to defy the odds. and as with football, so it is with brexit. if we don't leave now, it will raise its head again. our children will have this in the years

the international monetary fund has extended the fifty billion dollar bailout loan to argentina when president . for an early release of the i.m.f. funds the peso tumbled to a new low against the dollar ending the day of nearly half the value it had on january the first and this is the place that we did dollar worth over forty pesos we cannot buy teaching materials supplies or tools he said but it's in the one that if the show inflation is exceeding thirty percent and we are earning less than we need to feed ourselves there are teachers who are living in poverty. protesters say basic needs get more expensive every day you took the rates have increased one thousand five hundred percent and businesses are closing leaving more people jobless they blame president for what they call neck anomic disaster. economists say the government needs to stop foreign currency from leaving the country however the government has the exact opposite totally deregulated market. sort of setting the grounds for the run on the dollar president mccree is trying to ease panic among investors he has promised to

furious of a president new budget but he says it's needed to secure more money from the international monetary fund reports from where sars. lever unions in argentina i few yes with the government of. the economy shrinking and argentina is reducing spending and increasing borrowing from the international monetary fund to pay the bills. from a teacher who has taken to the streets and when a site is to demand better wages. they find out about this shows the discontent workers have with macros government this is the beginning of a plan to fight the austerity measures he's implemented for the government the priority is to defend bankers and multinational companies not people like us. took office three years ago with a promise to improve argentina's economy after years of double digit inflation and recession but this year a bad drought sapped argentina's grain export sector and the peso currency depreciated almost fifty percent due to a lack of investor confidence in emerging markets mackley says he's been forced to seek help from the i.m.f. and implemented shock austerity measures to prevent a major fi

in each case, they decided they go to the international monetary fund. erdogan said he will not do it. i think the problem in turkey is term.ort it's longer term. that's true in argentina. this play out? we'll talk more about the lessons learned 10 years after lehman. in term of how this process was streeto play out, wall bank and u.s. economy and then in europe.t crisis third act was meant to stem from emerging market crises. crises will come from a messy unwinding of pines debt. playing out in that manner? >> as i said, you know because discussed it before, the let their debt to gdp go up 300%. people'snor of the bank of china, made the comment in thehook everyone up outside of china and maybe in china. be carefulhave to with its economic measures. into a moment. i think there is a problem there. out whenlso point we're talking about other problems in asia, you take a theirt indonesia, exchange rate went to the lowest since the asian financial crisis. there are other problems that you see in asia. not just china, etcetera. i remember so well i asian cr

agriculture products argentina's requested a fifty billion dollar relief package from the international monetary fund that's resulted in protests across the country. but agree. to cover what's missing during this transition that's become an emergency we'll ask those who have more capacity to contribute i'm referring to those who export in argentina that your contributions a great. deal of people who are in regard to our governing team have made the decision to reduce the number of ministries to list them half given the moment that's ahead of us i've decided to reduce my cabinet even more so we can give the upcoming agenda or a more focused response for these changes we're doing to our team and with the advances we're making with the i i mean we begin to overcome the crisis while always always taking care of those who need it the most. and let's go live to their cerise a bow who's in buenos aires for us where protest is underway to resize it behind you but before that let's turn to what the president has said during his address a short while ago it seems this economic crisis is turning into a politica

construction materials across the province cleanup efforts are underway the head of the international monetary fund says there will be significant costs to the british economy if the u.k. crashes out of the european union without a deal christine legarde has warned of a lot of negatives from bracks it overcoming differences reaching agreement and closing a deal with the e.u. will be critical to avoid the new deal breaks it which would impose very large cost on the u.k. economy syria will be the main topic of discussion when turkey's president rest of tiber two on meets russia's vladimir putin it will be their second meeting in less than two weeks the two are on opposing sides of the war has warned of a bloodbath and province and says he will not stand by and let that happen government forces backed by russia are fighting to retake it from rebels denuclearization is expected to dominate the agenda of tuesday's talks between the leaders of north and south korea when diane will meet kim jong il in income yang for the third time this year tropical depression florence is still lingering over the carolin

on wednesday international monetary fund managing director christine lagarde met argentinian finance minister nicolas to of me argentina signed a fifty billion dollars standby deal with the i.m.f. in june with first installments do inside a few months but to have any says it needs help sooner and that without an urgent financial injection the country will be bankrupt within weeks. when we were. talking with the fund about how to continue advancing so that the impact of all the support that the international community has given to us when we close the agreement in june. can be transformed into an improvement of argentina's fiscal indicators. in. the i.m.f. says progress has been made and it's willing to make concessions it says it's hoping for a quick agreement time is running out the paizo has lost more than fifty percent against the dollar this year amidst investor flight on tuesday the central bank sold three hundred sixty million dollars in foreign exchange reserves to support the currency to little effect however. a luxury purchase just before departure is not unusual but this on

international monetary fund predicts that debt levels over ninety percent of g.d.p. hinder economic growth and it also limits government's ability to react if you commie starts to slow down which could kick off a financial death spiral leading the i.m.f. to the conclusion that the world is facing greater financial risk today than it was at the stars of the financial crisis in two thousand and eight. and joining me here the big table is christophe kober christophe you know we've been talking about this big anniversary you were somewhere that actually makes you qualified to talk about this anniversary where were you ten years ago well i had back then i just started working for t w and when lehman brothers collapsed the company sent me to london for a week and then two weeks to frankfurt so i've been out and about covering the implications of this downfall and i remember particularly well the mood of canary wharf the financial center outside the city of london. it shifted between mounting fear growing fear of you know who's going to be next and just this cold aggression

not become lighter but darker the international monetary fund warning of recession for britain if it crashes out of the e.u. with no deal. and later in sport india get ready to start the defense of their asia cup cricket title. so all that still ahead but first russian state media is reporting that they have lost contact with a reconnaissance plane over the mediterranean sea just off the syrian coast fourteen russian servicemen were thought to be on board the plane as it was returning to letterkenny a province all this happening as syrian air defense forces intercepted a number of missiles fired at the city of latakia they were targeting a state run industrial compounds not clear who launched the strikes but israel is suspected is thought to have been behind a series of earlier strikes targeting iranian and hezbollah forces that are joined syria's war fighting alongside the government there stephanie decker has the latest from an attack here in the turkey's border with syria. a lot of mixed reports soon after the reports of these explosions multiple explosions but soon after the syri

head of the international monetary fund has warned that a no deal breaks it will have dire consequencesfor the u.k. christine legarde also called the range of issues still to be resolved daunting and she warned that u.k. growth will be less than half the global average even if a smooth transition is agreed o'brien reports. at one point in the news conference christine legarde described herself as a desperate optimist but delivering the i.m.s. latest assessment of the u.k. economy her turn was repeatedly downbeat about britain post rex it so whatever the deal is will not be as good as it is at the moment and asked about the seemingly growing prospect of britain crashing out without a break to deal now clearly we've got worse to happen our assessment is that it would have very dear economy consequences it would be a shock to supply. and it would inevitably have a series of consequences in terms of. reduced growth going forward. increased deficit most likely depreciation of the currency and. you know in reasonably short order mean a reduction of the size of the u.k. economy the bracket dea

the measures are aimed at reducing the country's huge budget deficit as agreed with the international monetary fund. the i.m.f. increased its loan package for argentina to fifty seven billion dollars this week. garia is a major textile producer largely due to low labor costs here in the southern town of gazza del chip many earn a living in the clothing industry german entrepreneur bear tom hartman has been producing clothes here since one thousand nine hundred three when he founded the company pier and tex it manufactures men's and women's fashion for luxury brands mostly sold in german stores two thousand employees work here the average net salary of three hundred fifty euros per month is higher than in other factories around the country. more than the average we expect on the average from our employees we expect things like quality flexibility and adapting to new products and materials. and. it's two thirty pm time for the shift handover employees fought hard for their above average salary a few years ago they shut down the production line with a strike outside of the factory a worker says the sa

dollars we'll kick off and we await that yes quota for us in new york thank you yes the international monetary fund says it will work closely with anjan tunnel thora teams to strengthen the country's i.m.f. supported economic program and expressed confidence the south american country will overcome its present difficulties ainus managing director christine lagarde stressed that argentina has the full support of the fund she set to meet with argentina's treasury minister and his team for talks on tuesday anjan his currency to pay still has food in almost twenty percent in the past week alone driven by fees in the country would not be able to meet its debt payments. small businesses in germany pretty much like anywhere don't like to get involved in politics particularly when business is good but with images of angry protests in the german city of candidates being broadcast around the world some local companies a speaking out about the backlash to germany's controversial immigration policy. it's precision work here at no moss in saxony three hundred employees are making fine watches that sell all arou

the international monetary fund predicts the debt levels over ninety percent of g.d.p. hinder economic growth and it also limits government's ability to react if the economy starts to slow down which could kick off a financial death spiral leading the i.m.f. to the conclusion that the world is facing greater financial risk today than it was at the stars of the financial crisis in two thousand and eight. u.s. president reportedly asked aides to move forward with new tariffs on iran's two hundred billion dollars in chinese goods that's according to u.s. media courts but it's unclear when or if the new sanctions will be implemented hughes is trying to take an unfair advantage of the u.s. and the country's bilateral trade relationship. the russian central bank has raised the country's key interest rate by twenty five basis points to seven and a half percent the move comes despite pressure from prime minister dmitri who called on the bank to lower rates to keep cash flowing to businesses and individual lenders but central bank heads ignored the appeal arguing that preventing

argentina has also requested a bailout from the international monetary fund. in the business news this morning. 0n bloomberg, alibaba billionaire jack ma says he can't create one million us jobs after all because of the trade war. 0n cnbc, retail investors in canadian cannabis are ‘buying air,‘ analyst says. on business insider: ‘the market is betting on a bidding war‘. the fight for sky might come down to a rare sealed auction. and don't forget, let us know what you are spotting online. use #bbcthebriefing. that's it for the business briefing this hour, but before we go, here are the markets. a strong session, far from a strong session, farfrom hong kong, pretty flat. i will see a moment. up next — newsbriefing. a huge clean—up operation is under way after storm ali battered parts of the british isles with winds of up to 100 miles per hour. it's left two people dead in the republic of ireland and northern ireland. there've also been powercuts, overturned lorries and train cancellations. dan johnson reports. a casualty of the extreme weather which lashed the w

president mauricio macri is pushing the tough new measures as he seeks to convince the international monetary fund to speed up the payment of loans under a fifty billion dollars financing deal reached in june but a sharp slowdown in construction would deal a heavy blow to an economy already tumbling into recession it will also be a hurdle to mockeries bid for reelection next year. the economy in the u.s. added more than two hundred thousand jobs in august some ten thousand more than expected with the unemployment rate of three point nine percent the u.s. economy is considered to be at full employment the u.s. federal reserve has said that under such circumstances it would continue to raise interest rates the governing board is set to meet at the end of this month's. well how did that go down with investors i also find national correspondent to wrap up the week on the markets for us. the trade. there may be unsettling investors but the u.s. economy are now coming along. growth substantial in august but they're not. showing two hundred one thousand new jobs created that's why many more than expected

president mauricio mockery is pushing the tough new measures as he seeks to convince the international monetary fund to speed up the payment of loans under a fifty billion dollars financing deal reached in june but a sharp slowdown in construction would deal a heavy blow to an economy already tumbling into recession it will also be a hurdle to mockeries bid for reelection next year. and. correspondent from frankfurt what do all these cancers have in common. there are all currencies of emerging market countries and they all have more or less the same investors looking at opportunities in those emerging market countries of course they're locally more investors from the country itself but if you have international investors and those are the ones that are withdrawing. they see problems and one emerging country and they say perhaps it's in the other country as well perhaps i have less losses there so far sold for a lot of their first and it's more or less a strategic kind of money management problem at the moment and the bad thing is if it continues and this sort of trend can continue contagion as one m

economy as it struggles to finalize a bricks and deal the head of the international monetary fund says there will be significant costs if it crashes out of the european union without a deal speaking in london a short time ago christine legarde warned of the daunting challenges facing negotiations urging both sides to reach an agreement she said there would be a lot of negatives from britain is due to leave the e.u. in march next year overcoming differences reaching agreement and closing a deal with the e.u. will be critical to avoid the new deal breaks it which would impose very large cost on the u.k. economy paul brennan following the story joining us from london how significant are these warnings by christine legarde. i think that hugely significant and it's because of her position as the managing director of the international monetary fund she's not just some academic from a local university this is basically the the person who looks at the global economic outlook and makes judgments using the very finest of economic predictions and predict dos and some of the information that you c

in july the international monetary fund warned that 0.5% — or about $430 billion — could be wiped offeconomy as a result of the trade war started by the united states. but that was before president trump announced his latest tariff on another $200bn worth of imports from china. let's get more on this story. 0ur asia business correspondent karishma vaswani is in tianjin and joins us now. karishma, what has the chinese reaction been like? it's what everybody is talking about here today. this forum was supposed to be the discussion about the economic growth engines for china's future and the trade tariffs. i've been speaking to a lot of people out here. the mood is pretty sombre. china's economy can deflect the impact of the tariffs. there is a lot of domestic demand. the economy is something that has been growing relatively well, even though it's been slowing down and i think, the issue that is at the heart of this trade war, claims china has been stealing intellectual property. that is something that business people and academics have said, they com pletely and academics have said, the