second question is related to some experts during the week of silence suggested that the central bank lower rates. as central the bank of china me, do you generally follow the decisions of the people’s bank of china, and somehow relate your policy to them? thank you, regarding the increase in duties, but an increase in duties is always about inflation, almost always about the inflation factor, but we think that the effects of the current decision will be limited, because it will not affect a very large group of goods, the consumer basket up to 7%. of course, we are watching the policies of central banks and the situation in china, of course, also carefully we look not only at the policy of the central bank, what is happening with the development of the economy, this is our key trading partner, as for their supply decisions, they have a different regime, a different monetary policy regime, besides, for them the problem is not... will direct available money for the purchase of other goods that are in the cpi list, unlike apartments, and there will be a sharp rise in prices, or will the abolition of preferential mortgages have a

of the people's republic of china, bank of china. banned russian exchanges fromding in the chinese yuan, despite the fact that the chinese national unit accounts for almost 100% of currency trading in russia, to be more precise, 99.6%. this may lead to a complete collapse of the russian currency market. therefore, russia will become more and more accommodating, and will listen to the arguments that are heard. from beijing this program was conducted for you by me, major of the armed forces of ukraine, taras berezovyts. thank you for being with us thank you for watching, together to victory, glory to ukraine. there are discounts, they represent the only discounts on norwend express forte 10% in pharmacies plantain bam tashchat education is the future of every country, which is changing in ukrainian schools, what will the university of tomorrow look like? the country is immersed in the world of educational transformations. we ask experts, listen to teachers, listen to parents and children. from elementary to high school, we explore the labyrinths of educational refo

of the people's republic of china, bank of china, has banned russian stock exchanges from trading in the chinese yuan. and this despite the fact that the chinese national unit accounts for almost 100% of currency trading in russia, if more precisely, 99.6%. this may lead to a complete collapse of the russian currency market. so russia. will become more and more accommodating and will listen to the arguments coming from beijing. this program was conducted for you by me, major of the armed forces of ukraine taras berezovyts. thank you for being with us, thank you for watching, together to victory, glory to ukraine. there are discounts that represent the only discounts on magnesium 10% in the pharmacies psylansky, bam and oskad. there are discounts presented. 15% discount on sudokrem in pharmacies of travel stores and savings there are discounts representing the only discounts glyciset and gliciset max 20% in the pharmacies of psyllium bam and ochad there are discounts. these are the only discounts on psilobalsam 15% at the pharmacies psyllium bam and ochad. vasyl winter

of the people's republic of china, the bank of china, has prohibited russian exchanges from trading in the chinese yuan, despite the fact that the chinese national unit accounts for almost 100% of currency trading in russia, if any more precisely, 99.6%. this may lead to a complete collapse of the russian currency market. therefore, russia will become more and more compliant and will listen to the arguments coming from beijing. this program was conducted for you by me, major of the armed forces of ukraine, taras berezovyts. thank you for being with us, thank you for watching, together to victory. glory to ukraine. there are discounts that represent the only discounts on estef 20% in pharmacies for travelers and savings. there are discounts representing the only discounts on пенистыел 15% in pharmacies plantain you and save there are discounts representing the only discounts on sudokrem 15% in travel memory and savings pharmacies. exclusively on the air of our channel. congratulations, friends, the politclub program is on the air on the espresso tv channel. the

of the people's republic of china, bank of china, has banned russian exchanges from trading in the chinese yuan. and that's at the same time. what the chinese national unit accounts for almost 100% of currency trading in russia, to be more precise, 99.6%. this could lead to a complete collapse of the russian currency market. therefore , russia will become more and more compliant and will listen to the arguments coming from beijing. this program was conducted for you by me, major of the armed forces of ukraine, taras berezovyts. thank you for being with us, thank you for watching, together to victory, glory to ukraine. so what? politclub live ether, and today we traditionally talk about all the most important things topics that concern ukrainians that concern our country, both internal and external issues, we will discuss all this, and we are traditionally in the studio vitaly portnikov, congratulations, good evening, dear viewers, and two hours, yes, according to our tradition , according to our tradition, we will talk about everything for two hours. with vitaly

the people's bank of china got several —— cut several short—term rates including the one—year primary35%. it is the first cut since august last year. it is all for the moment. bbc news updates will continue, please stay with bbc news. hey, i'mjulia with the catch up! tonight — the secret service gets a grilling, 0lympians arrive in paris, and is kamala harris running for president? the us vice president, kamala harris, made her first public appearance after presidentjoe biden announced he was dropping out of the next election race and endorsing her as the democrat party's nominee on sunday. 0n the south lawn outside the white house, she paid tribute to biden, his family and his legacy while he's isolating with covid. in one term, he has already... yes, you may clap. applause in one term, he has already - surpassed the legacy of most presidents who have served two terms in office. next — kimberly cheatle, the head of the us secret service, got a grilling from both the democrats and the republicans today. they pressed her about the assassination attempt against donald trump at a rally o

bank of china has terminated correspondent relations with the moscow exchange, and the continuation oferm relations with the only other counterparty remains in question. in case of blockage. trade, how do you see the continuation of the ministry of finance’s operation under the fiscal rule, it was previously assumed that the currency will be sold on a centralized market, how will sales on the nose exchange be distributed, and how will this affect the ruble, this is the first question, the second is about cross-border payments, colleagues have already asked questions, well , there are big problems with them now, you admit that because of fear of secondary sanctions by banks of other countries, even... friendly ones, russia will find itself in a financial blockade, do you even have a scenario for this case, if i may, i haven’t asked you for so long, the third question is about overheating, but could you give an assessment of the scale overheating russian economy - some kind of quantitative one, that is, demand exceeds the supply of goods and services by 2-3% of gdp, or is it more signifi

reading for june that suggests that the bank of korea has room to pivot. how chinaonds have been outperforming and bullish on bonds and tell us about your bond allocation and allocation versus bonds and equities. >> so as we were saying, one of the biggest things we are seeing from the data outputs and forecasting what is going to be the market demand bullish and global easing is what is happening across the board and different pace. and potential rate cuts. and what is happening is putting more cash into the markets and seeing more allocations typically and predominantly into fixed income and secttive base is and much more spectrum on the higher risk spectrum and investors pulling back into the markets and the credit space. paul: i want to briefly interrupt. breaking news out of hong kong and the case is now being adjourned until october 15. we'll have that insider case of trading postponed until october 15. and we will bring you more in a little while. let's get back to you with our market calls and cooled the bond market. this rally that we have seen in chinese b

china’s special economic growth is ensured thanks to the consistent monetary policy of the people’s bankrtners who have an unbalanced monetary policy carried out. as for oil supplies, the scale of russian-chinese cooperation has no equal in the eurasian space, igor sechin noted. over the past year, russia exported 107 million tons of oil to china. and china also imported 34 billion from russia last year to the coal industry. as for gas supplies, russia this year will supply china with 30 billion cubic meters of gas based on the strength of siberia, deputy prime minister alexander novak said, but more about the most important projects , which realizes our suffering, he told our tv channel. as for energy, we are implementing a number of large projects, including in the nuclear sector, the construction of nuclear units, we are delivering oil in record volumes, projects are being implemented to expand cooperation in the supply of pipeline gas, chinese companies are participating in lng projects in russia, these are yamal lng, arctic lng-2, in fact, we see great prospects for expanding this c

people's bank of china has been using weakness cleverly.ay, they set the fixing lower. they could have said it close to where it has if they are people, so the central bank happen optimistic outlook. boj will keep the yen strong, helping china brief easier when they have been lowering interest slates -- rates. avril: can they breathe easier given the rallies? mark: traders will expect voices to push back and friday will be an ideal time. good rally this week. reverse repo rate came down and they said they don't like one-sided markets and it is looking like that again. they can say the curve is flat, we don't like it. we can skew toward 10 and 30 year set there is and the weight will make traders think again not to be so aggressive. they will -- they will know. they need to get interest rates down but they would prefer the curve has a positive. inversion is disruptive so they want to maintain positive curve. avril: pboc has a number of tools to tap down the rally. always insightful, thank you for your time and insights, mark cranfield. back

of sub-saharan africa does not have access to electricity to begin with. it's not hard to see why china's influence in that area might be growing. secretary yellen, at 45% of the bank's resources are chasing arbitrary climate targets, why wouldn't developing countries keep looking to china and to chinese lenders to meet their core developmental needs? sec. yellen: the world bank and the m.d.b.'s are heavily focused on broad development goals, relieving poverty and ensuring sustainable growth. but achieving those goals is also linked to addressing climate which is increasingly compromising the development goals, especially in the poorest places. and climate and access to electricity are linked. at the spring i.m.f. world bank meetings, president -- ms. houchin: i'm sorry, i only have five minutes so i'm going to go on to another question. 6 to% of the u.s. electricity generation does come from fossil fuels. but as part of this administration's climate agenda, you are voting against virtually all world bank fossil fuel projects in africa. why is the treasury holding africans to a standard that the wealthiest countries in the world cannot meet? sec. yellen: this reflect

of the submission. china's largest state owned blenders have lowered rates also depend or product. they cut rates on deposits of two years or more by 20 basis points. the bankchina, boc and ccb followed suit, east pressure on profit margins. if i was a cut to chinese benchmark lending rates earlier this month. still to come, our ex was of interview with the chairman of neon wealth and asset management. we will discuss the other for an ds measurement sector next. this is bloomberg. ♪ >> welcome back to bluebird markets asia. you are watching the india focus. we are a little over a minute away from the opening. here is how things are looking in the premarket. it looks like it is going to be a risk off indian stocks. seen a fair bit of selling around the pacific so far. let's check in indian sovereignty is right now. we have bond investors seeing a bright outlook for india's debt. even after the budget initially received a cove reception by the market. market participants including those in goldman sachs and aberdeen safety physical consolidation. analysts also from an optimistic about a great rating upgrade and continuing bond market influence. the next guest

of the population does not have access to electricity to begin with. it's not hard to see why china's influence in that area might be growing. secretary yellen, 45% of the banks resources are chasing arbitrary climate targets why wouldn't developing countries keep looking to china and to chinese lenders to meet core developmental needs? >> well, the world bank are heavily focused on prodevelopment goals relieving poverty and ensuring sustainable growth, but achieving those goals is also linked to addressing climate which is increasingly compromising the development goals especially in the poorest places and climate and access to electricity are linked at the spring imf world bank meetings. >> secretary yellen, i'm sorry, i only have five minutes. i'm going to go into another question. 60% of the u.s. electricity generation does come from fossil fuels but as part of this administration's climate agenda, you are voting against virtually all world bank fossil fuel projects in africa. why is the treasury holding africans to a standard that the wealthiest countries in the world cannot meet? >> this reflects the goals that africa itself has that very often most oft

the bank's most recent reauthorization sought realignment of bank's priorities stored■Ñ■f■-■■ strat compion sees the chinaiscussed earlier today. while there is a clear strategic value in counterierne scaled fast enough. as the gentleman from kentucky pointed out, congress has earned no less than 20% of the banks red an for financing through ctap. that means you're supposed to reserve around $27 billion of your total lending authority for ctap but she stated thatou could you explain in more detail why this is the case. >> thank you for the question. one of these things is that some of these exports are not real conducive to debt financing. th■gemarinascent industries. what we've seen in the last year and definitely the last year and a half is an uptick in the specialty areas, and some of the not specialty, but transformational areas around medical efficiency, wireless and renewables and we continue to not only drill down in those areas but to look more broay at the transformational areas to see how we can offer up our tools to assist u.s. businesses toyou mentioned earlier, a strong pipeline of projects s

discuss know the fundamental trigger of this this incident was the longstanding tensions between bank of china. the pboc and china's largest and actually the world's largest company. so was end and was the company's spin off from alibaba five years earlier. and it has a very famous app called alipay kind of like a super app. it's used by over hundred million people in china, 80% of the chinese population use this. and so it's successfully leverage this payment. the app into all sorts of financial the credit tech business tech business as an insurance tech business and the most successful business was the credit tap business in which they as an and as an intermediary connecting ordinary consumers, you and me, what the chinese state owned bank, how other? 98% of those loans were extended by the state owned banks and it very little skin in the game and that it means we raise a question about moral hazard right i mean because in the interview the reason we want to facilitate as many long transaction as possible but it wouldn't to worry about potential default or liabilities. now in addition to thi

bank of the united states. intensifyicoion with the people's republic of china.day-to-day basis about the economic challenges posed by the prc actions. concerned about competition instrumental in the export programs. of the n. we competition and advances the leadership across 10 transformational areas. it is congressionally mandated to support u.s. jobs by faliting exports. through loan guarantees and insurancdo so. relapse in the charter, a lack of quorum on bod of the directors had a devastating impact on operations, staffing, and morale. when xm was precluded from authorizing transactions more than $10 million, competitors the void. our team has worked tirelessly to revitalize, restore, and rebuild the reputation as a reliable partner. in 2023 because of the t dedication of supported a .8 bi authorizations. a the estimated 40,000 jobs th8 billion of total authorizations, 2.4 billion d t since my arrival in 2022, have jumped from 253 million to 24 4 billion. at this point, the dollar amount is greater than at this point last year. you might ask, what does terin

of central china was sealed. all three great rivers of china overflowed their banks: the yangtze, yellow and huai.night of august 21 , 1931, the water level in lake gow'. in the northern province of jiangsu, which was already extremely high due to rains under a squally wind, it rose even higher and the dams could not withstand the blows waves a stream of water with a terrifying roar swept through the streets of the sleeping city of gaoyu. more than 10 thousand people died there that day. most of them died in their sleep. the yandza river rose so high that all the surrounding valleys were flooded. by early august the water had forced an incredible 500,000 people to flee. wander their homes in search of shelter and food. 16 of china's 23 provinces were flooded, as was the country's capital. then, by the way, it was not beijing, but the city of nanjing. in some places the water level rose by 16 m. stekhi destroyed crops rice, wheat and farm. in just a couple of days , 150,000 people died, and millions more died from hunger and disease. the food shortage became so critical that many people resorted to

the economic recovery of china remains shaky, we saw the central bank lowering the cost of borrowing, do you make of the measures being taken so far by the state?— far by the state? they obviously _ far by the state? they obviously are - far by the state? they . obviously are increasingly concerned, we saw a series of rate cuts, also some announcements or ray sherman on fiscal policy that they will step up the pace of government borrowing and government spending and also some measures in terms of providing support for the consumer goods on auto trading schemes and student support for people to upgrade equipment. so we are seeing more policy support but i think the key question is the magnitude of the support which story not entirely clear but i think if we do get a bit of a push in the near term, it could bring some domestic demand back. however, the big picture is that with consumers still quite cautious, the household savings rate still above pre—pandemic levels, unless that really changes, its hard to see domestic demand really getting the momentum that you need. the main constrain

of november. china merchants bank down today and we had a couple of cuts from the mlf. doing much to support stocks. michael fully love the director of the chloe institute joining us on what a trump or harris presidency means. this is bloomberg. ♪ the moment i met him i knew he was my soulmate. "soulmates." soulmate! [giggles] why do you need me? [laughs sarcastically] but then we switched to t-mobile 5g home internet. and now his attention is spent elsewhere. but i'm thinking of her the whole time. that's so much worse. why is that thing in bed with you? this is where it gets the best signal from the cell tower! i've tried everywhere else in the house! there's always a new excuse. well if we got xfinity you wouldn't have to mess around with the connection. therapy's tough, huh? -mmm. it's like a lot about me. [laughs] a home router should never be a home wrecker. oo this is a good book title. paul: welcome back. china markets are heading to lunch. csi 300 is off by three quarters of 1%. 10 basis point cut to the mlf and loan crime rates. not doing a lot to support mark

of sanctions, which the eu and the usa create for them. in particular, the possibility was announced secondary sanctions for china. of their banks that cooperateith the russian ones, and stopped this cooperation, because there is an understanding of the possible loss of this huge market that exists, and that is why china has such painful points, let's say, on which you can in principle put pressure, which you can't say about iran and north korea, because north korea already has all the sanctions it can, and that's why they... don't care if there are any more sanctions against them, they trade with russia as best they can, so does iran, which also to a large extent under sanctions, under sanctions pressure, and these countries are less dependent, now taking into account these circumstances, from the outside world, and china is dependent, so here you can find ways ways that influenced, say, chinese politics. look, the 40 billion nato says they will give is the best option, the optimistic option, the pessimistic option. obviously, if they gave 150 billion, it would be better, but i don't always see where they can take it, so easily, and here is m

numbers coming from the bank of china? >> yeah. these are astronomical numbers.a is building 359 new ships for every 1 ship that the united states builds. and that points out two problems. one is they are building far more ships than their internal demand requires, but secondly, the u.s. has seeded leadership in global ship building and that impacts our national security as well. so we have to fix both of those issues. >> look at what we've allowed to happen in areas like semiconductors and manufacture of medical supplies, and you understand how this could be a problem. we've run into serious issues recently with this. what's the way to solve this, though? are you talking about tariffs that you make on all of these products that are coming? not just out of china, but if china transports them to mexico, an easy way to get to here? >> part is tariffs. both the trump and biden administration pursued. part of it is also working with our partners, friends and allies to boost our own capacity for manufacturing the items at issue. just one example. our semiconductor chi

the people's bank of china lowering its policy rate by the most since 2020. ina's growing urgency to support growth, which came in worse than expected in the second quarter. what did we see overnight in asia? difficulty for china off the back of the japanese yen. but there is a growth problem, and they are struggling to respond to it. lisa: i'm glad you went to them -- the market response. we did not see any rally of significance in chinese bonds. that is typically the response he would get. it raises a question of, what is behind the growth scare? it is not necessarily a lack of borrowing available. it is not a lack of capital. it is a lack of demand. cutting rates will not attack that, and that highlights how much the market is aware of that and not responding to this in the same way it might. jonathan: it puts even more emphasis on fiscal stimulus and the need for. goldman talking about chinese authorities waiting to see the outcome of the november election. want to turn to the automakers. shares of ford slumping. the automaker posting profit that fell shor

of central china was sealed. all three great rivers of china overflowed their banks: yangtze, yellow river and huai.t of august 21 , 1931, the water level in the lake. gaoyu in the northern province of jiangsu, which was already extremely high , rose even higher due to rain and squally winds and the dams could not withstand the shock of the waves. a stream of water rushed through with a terrifying roar. along the streets of the sleeping city of gouyu. more than 10,000 people died there that day, most of them dying in their sleep. the yandza river rose so high that all the surrounding valleys were flooded. by early august the water had displaced an incredible 500,000 people leave their homes to wander in search of shelter and food. 16 of china's 23 provinces were flooded, as was the country's capital. then, by the way, it was not beijing, but the city of nanjing. in some places, the water level rose by... 16 m. stechia destroyed crops of rice, wheat and farms. in just a couple of days , 150,000 people died, and millions more died from hunger and disease. food shortages became so critical that many pe

and in the eastern state of the heart, multiple rivers are close to breaching their banks. there's plenty of land slides in china as well that have killed the 36 people in the south west of the country. heavy rain has caused rising water levels and 15 rivers in the city of truncating rescuers evacuated residents tracked in buildings. more heavy rain is expected in the next few days. a tie banks are helping me in mars, military by weapons and equipment which are being used against civilians. those are the findings of a report by the un special rubber tour on human rights in me, in mar wayne, hey reports from bangkok of an arrows, this interest, mosques, the seriousness of this pilot mean, treat committee meeting in bangkok, the united nation special rep, a to a on human rights and me and my came to brief officials from thailand, biggest banks, reports by tom andrews, has found, tie banks, and now the main facilitators of transactions and purchases made by me in my us military. we have a responsibility here as human beings to stop this hor and there's an opportunity to do it. the you in says the military junta, ai

omur region is located on the border with the people's republic of china; moreover, the cities of blagovichi hekh are located on two banksthe same river, the amur river. this creates unique opportunities for interstate cooperation. on our behalf president vladimir vladivich putin is building a congress and exhibition building. center, we have built an international bridge across the amur river, a road bridge, it is planned to build another railway bridge, a cable car is currently being built that will connect the cities of blagovichenskaya and will allow the development of tourist exchanges, together we call this the amur transport corridor, taking into account the area of ​​​​expiring development, in the future, an international torus, which will be open in the pre-bridge area, we also offer to belarusian investors, belarusian enterprises should work to supply their products to take advantage of these logistics opportunities. the parties emphasized the importance of preserving general historical memory; it is proposed to intensify cooperation in the field of cultural exchanges, primarily with children's delegations. the

of central china was sealed. all three great rivers of china - the yangtze, yellow and huai - overflowed their banks. on the night of twenty. on august 1931, the water level in lake gauyu in the northern province of jiangsu, which was already extremely high , rose even higher due to rain and squally winds and the dams could not withstand the shock of the waves. a stream of water with a terrifying roar swept through the streets of the sleeping city of gouyu. more than 10 thousand people died there that day, most of them died in their sleep. the yandza river rose so high that all the surrounding valleys were flooded. by the beginning of august. forced an incredible 500,000 people from their homes to wander in search of shelter and food. 16 of china's 23 provinces were flooded, as was the country's capital. then, by the way, it was not beijing, but the city of nanjing. in some places, the water level rose by 16 m. stoichia destroyed crops of rice, wheat and farms. in just a couple of days , 150,000 people died, and millions more died from hunger and disease. a lack of food supply has become so critical.

of china. for the second time in six months, the bank of japan revised its ultra-loose monetary policy and increasedter. in addition, the regulator decided to reduce the volume of purchases of government bonds and announced plans to continue raising the discount rate in the future, so it fights inflation, which exceeded the target 2%; as a result of the actions of the central bank , the yen exchange rate strengthened against the dollar by more than 1.5%. gazprom bank summed up the results for the first half of the year, the number of its active ones. and exceeded 5 million people, by the end of the year the goal is to increase the base to 6 million. the volume of deposits in savings accounts of retail clients, excluding premium services, increased by a third, this is plus 350 billion rubles from january to june. the credit card portfolio added 14% and reached 39 billion rubles. by the end of the year, the bank plans to increase this amount to 43 billion. russians over 45 years of age have begun to eat more often. in public catering, with the largest increase in the first half of the year being 15% i

of the routing policy, and they want to marry a system. instead, 6 bodies have been found in a luxury hotel room in china and capital bank of the victims were all getting these nationals to a jewel american citizenship. authority is of open an investigation into the incident on the way to post obviously results, you know, the sanctions imposed on the roster off at last a full scale invasion of ukraine had been adding to the agricultural worries of its neighbor. cuz next time, country has been cheap, waiting for it in an effort to increase its green exports, a cause like pharmacy, they need more financial support as the government builds new railways and offers incentives to invest as a solid jervey report, some and back in northern because that stuff lead me off of the outer land in this 34000 heck the iphone produces organic crops. this nice and drawn 3 goals every 3 years. and it's harvested and vacuum seen for the for during the winter months. for most of the year, the weather is too cold for farming. so they look around the truck doing some 80 percent of cause, a green production is week is going exports. some problem is attending to or

let's get more details in terms of china's central bank unexpectedly cutting the one-year policy rate by 20 basis points, the most since april 2020, but it is not been enough to boost the stagnant global stock market or the chinese market. let's bring in mark renfield. does this wreak of panic to you? >> it investors are a bit concerned, is there something much worse going on with the chinese economy because of the way these interest rates are being delivered, so we had the easing at the beginning of the week, the reverse repo rate cut down to 1.7, and that is china trying to steer investors minds by they will steer away from some of these longer rates. the one your rate has previously been seen as a benchmark, but the pboc wants to shift in focus on short-term rates, so they did that at the beginning of the week and have been tidying up with other rates coming into mind as well, but the trouble is that they have been streaming out over a series of days. the equity market has continued to fall, but since we have had the third plenum the messaging does not seem too excited investors at

of donald trump's playbook for global trade, oil, and china. an exclusive interview with bloomberg businessweek. big u.s. banks crush estimates on equity trading revenue. we hear from the bank of america ceo brian moynihan. let's get straight to our top story. traders rate their bets on the second trump presidency. bloomberg businessweek spoke exclusively with the republican candidate at mar-a-lago. let's bring in jill d says. a lot to unpack from this conversation. let's start with his views on tariffs and china. president trump making familiar noises from what he was saying back in 2016 about tariffs, trade wars, and whether or not the u.s. will come to the rescue of taiwan. what are the takeaways here? jill: yes. safe to say trump is really doubling down on a lot of those protectionist policies that we've come to expect from him. we saw on the terra front, additional threats of even higher tariffs on china. new tariffs, upwards of 60%. he also implied that there should be some kind of blanket tariff across all foreign goods. really doubling down again on that language about increasing tariffs on trade, beco

landmark diplomatic victory for china after the well-known history with the reconciliation of saudi arabia and iran, this certainly counts, this counts towards the piggy bankly arab-israeli clashes in the broader sense of the word, he seems to be on the periphery, but he is proceeding quite effectively, as we see, that’s what we can say, by the way, by the way, to say that our ambassador was invited to beijing between russia and china to sign the final document and ceremony in this regard, it is very important that we have identical positions and a joint course of action not only regarding ukraine, but also other pressing issues, then it is more difficult to ignore not only the positions of china, but it is more difficult to ignore the positions of russia, i don’t know if you agree with this, i completely agree with this, this is quite obvious, maybe even... more agree than you you think, because this is a strategic partnership, well, we don’t have this kind of contradiction with china, and there is no need to show any jealousy towards each other on this kind of occasions, rather, on the contrary, we can only welcome china’s efforts, well and there is anot

of course, mental preparation. the hello and welcome to the south, georgia sport climbing called, but disappeared. bank lower level. china will progress onto the national ground that's happening later on this month. the timing is the most dynamic and impressive to works of the sports and then pick disciplines bus. it's not the sole focus here. most of the, i know it's a, it's like a big family reunion. the community among itself and the huge support for deep it makes it like a home game for him. i am on the other end, none of the sports climbing is not well known in india, and that's why people have come here to support me on the go. i think i'm ready for the competition. i'll try my best part of it. the crowd will be cheering for me to window someone like that. and let's see what happened on the and other than the people holds the national record of 5.887. and in the past year, he has broken the national debt totally of the said, he broke the national record to 6.59 from 6.59. he went to 5.98 from 5.98 to 5.9 folks. and most recently at the agent qualify it. he got a 5.887. that's insane. steep timing might look straigh

talking about banks, there are plenty of them in the buildings behind me and the financial industry is international by definition, so there have been a number of problems. we have seen banks in chinaed problems. i'm told the banks in germany are getting back up to steam, in the uk as well. the london stock exchange where shares are traded in this country, they said they have not had too many problems but some information systems have gone down. elsewhere, it is trading platforms that things like oil and gas and electricity which have experienced issues. they are having problems. then you have other businesses. you are talking earlier about the travel industry, it is notjust the day—to—day operations, their share prices as well. shares in airlines such as the parent company of british airways, easyjet, ryanair, they have seen share price falls and they have seen share price falls and the reason is people are worried about how long this will go on for and the kind of disruption it may cause to the travel industry over the coming days, the crucial days, the coming days, the crucial days, the start of the big summer getaway. and insurance companies have been suffering from falling sha

the amur region is located on the border with the people's republic of china, moreover, the cities of blagovichsky are located on two banksf the same river, the amur river, this creates unique opportunities for interstate cooperation, on our instructions president vladimir vladivich putin , a congress and exhibition center is being built, we have built an international bridge across the amur river, a road bridge, it is planned to build another railway bridge, a cable car is now being built that will connect the cities of blagovichenskaya hey and will allow the development of tourist exchanges. together we call this the amur transport corridor, taking into account the area of ​​​​expiring development, in the future the international torus, which will be open in the pre-bridge zone, we also offer to belarusian investors, belarusian enterprises can work, present their products and take advantage of these logistics opportunities. the government spoke about specific areas of interaction today; regional relations are a solid foundation for cooperation between belarus and russia. today there are many points of contact. we have p

central-bank action is welcoming out of china.s president buys exit from the race put the trump trade in doubt? were going to discuss the market reaction in more detail next. this is bloomberg. welcome back to bloomberg daybreak: asia your. happy monday, checking in the markets as investors adjust to the new political reality in the u.s.. the momentous decision for president bynum to step away from that role as candidate for the democratic party leading up to the november vote and the focus last week and alden about the trump trade, to what extent are investors looking to unwind or adjust that trump trade on the back of the news that harris could be the nominee for this democratic party into november. the bloomberg dollar index but a little softer -- on this is. the uncertainty in these markets is pronounced when it comes to the politics. 41 on the u.s. benchmark. yields down around two basis points. gold at 2400. it's been sensitive. the elemental up 2/10 of a percent. just a little softer by 2/10 of a present. let's get more in

bank's next rate decision. shares of bank of tokyo others, they'll not be stopping some foreign chipmakers into china. nounced next month. >>> shares of hsbc is popping. it announced a profit for the first half of the year and beat expectations. >>> and the trading on the swiss stockmarket has resumed after being halted due to a technical issue that made it impossible to distribute market pricing data. it was hit by the worst technical outage in just over a decade ago. >>> coming up on "worldwide exchange," we have the one word every investor needs to know. and microsoft, you can see shares down by 2.5%. our next guest is rethinking his view. we'll be back right after this break. what is cirkul? cirkul is what you hope for when life tosses lemons your way. cirkul is your frosted treat with a sweet kick of confidence. cirkul is the effortless energy that gets you in the zone. cirkul, available at walmart and drinkcirkul.com. is it me... or is work not working? at least, not the way it could work. your people are buried in busy work. and you might be thinking... can ai make it all work? it can. on the se

of... china's communist party's four day meeting ends without any clear solutions to the country's economic woes. the bank of england suffers major problems with a system used to settle hundreds of billions of dollars of transacations every day to settle hundreds of billions of dollars of transacations every day. welcome to business today. let's start in china — and an important meeting of the communist party has concluded in beijing — with no clear indication of how chinese leaders aim to solve the country's economic problems. the world's second largest economy is struggling with high levels of local government debt, and a depressed real estate market. there have been questions about china beyond its former economic woes. the four—day meeting is held once every five years, and lays out the country's future economic direction. what did we learn? i'm nowjoined by our asia pacific editor micky bristow. explain what they were discussing, here. there are so many issues facing the chinese economy, it is hard to know where to start. what were they hoping to achieve in a meeting? were they hoping to achieve in a

of investment. topping the list is china. on third place - türkiye. and russian banks. s have caught up with the profits of the largest players from the top 40. according to frank media , amazonbank earned more than 6 billion rubles in the first half of the year. and took thirty-third place in terms of income. weiberries bank with a net profit of 4.8 billion came in thirty-sixth. at the same time, in terms of assets, credit institutions occupy only 58th and 146th places, respectively. comparable income was shown by banks with assets of hundreds of billions of rubles. for example, tochka, asian-technical. it was economic news short. debtors may be temporarily restricted from traveling abroad. where and how to check whether you are on the list of bailiffs and how quickly this ban is lifted? maria kudryavtseva will talk about this in the program instructions after the advertisement. loyalty program. select thanks, updated, every month choose up to five top categories with cashback up to 10%. supermarkets, gas stations, cafes, restaurants, taxis and others, and even a percen

we have a few days of bank that lets us in just the reasons whether she in this weakness of china. we've had the things is with china, especially on the border. and we understand that they wouldn't be using white china and russia with those together. but we will, you know, very much want russia to not forget the fact that, you know, india is not going to move away from russia and just going to the job, this phone goes, take its own decisions. and a big factor in those decisions is that i'll show relationship. and as i mentioned, yeah, this is, this is from the cuts across by like either spectrum which by the, comes to the relationship with russia, roommates, it's a strategic partnership that's here now for now. but for the foreseeable future, so that's a very small example of you, is that if you look at the nuclear relationship, we've had a, a relationship with bunch of over 60 years. and i was relationship we bought christian moves. ready hardware, more than a house of india as movie ops and the ease of russian origin. the factors that you know, what the rest talks about. all this

months as industry struggled with rising costs and increasing competition from china. wine high reports from the capital bank of to thailand's industrial machine is slowing down. manufacturing makes up almost a quarter of gross domestic product. but the rising costs and cheap imports from china, blunting the countries competitive age. this manufacturing company is one of the most, a q, a, having diversified away from specializing in top pots during the 1997 asian financial crisis. we have a 0 order, we to know. so any pot, so after that be changing our minds to expand this and as to maybe cody wise, industry and also now i think the coach i'm, as you know, re invest 327 years on many others still haven't a heated, that going end up paying the price, almost 2000 factories have closed in a year. and government does, it shows more than 50000 people have lost the jobs. call me from the one i'm worried because i'm not doing good anymore. i'm really faulty and i lost my job to an age when it's going to be so much hard to have to find one. yeah. there are plenty of vacancies, but mainly for low income jobs. the prospe

down even further in the coming months of industry. struggle with the rising costs and increasing competition from china. wayne high reports from the capital bank off a thailand. industrial machine is slowing down. manufacturing makes up almost a quarter of gross domestic product. but the rising costs and cheap imports from china, blunting the countries competitive age. this manufacturing company is one of the most, a q, a, having diversified away from specializing in top pots during the 1997 asian financial crisis. we have a 0 order, we to know. so any pot, so after that be changing our minds to expand this and as to maybe cody wise, industry and also now i think the coach i'm as you know, re industrial 27 years on many others still haven't a heated, that cooling end up paying the price, almost 2000 factories have closed in a year. and government does, it shows more than 50000 people have lost the jobs. call me from that one. i'm worried because i'm not doing good anymore. i'm really faulty and i lost my job to an age when it's going to be so much harder to find one. yeah. there are plenty of vacancies, but mainly for low income jobs. the pros

are seeing is more synchronized across the board in the rest of the region apart from japan and china? >> i think most of the central banksross asia have been waiting for the fed to open the door to rate cuts. so it's interesting you mentioned south korea because looking at the growth numbers coming from north asian countries apart from china and also singapore, second growth -- second-quarter growth has been surprising on the upside, meaning some of the technical story is coming on stream. the exporters are benefiting from the ai boom. and i think that puts them in a very good place as far as growth is concerned but if there's a window to ease monetary policy in the week of the fed's expected cut in september, a lot of central banks will like to follow suit because there has been pressure on those currencies. >> does that include singapore? >> in singapore's case they are on hold at the moment. the fact is that it kept the core inflation forecast unchanged at 2.5% to 3.5%, but given they have hints that core inflation will ease, i think the window is open, so i would not write off october yet even though our base case is