the international monetary fund approved a seven hundred million loan to jordan two years ago to lower public debt and increase growth jordan relies heavily on financial help from the u.s. u.a.e. and until recently saudi arabia which has cut funding king abdullah is a key u.s. ally in the strategically important region which borders syria israel and iraq regional time or has worsened the kingdom's money problems and it sheltering one point four million syrian refugees that according to the hashemite government and those refugees look no closer to returning home. it's also has a large population of refugees from the war in iraq plus two million palestinian refugees have settled in the kingdom. the king recently reversed plans to raise petrol prices foreign protests and these latest protests against austerity measures are further demands for change. is there. china has issued a warning to the united states saying that if it imposes tariffs on any agreements to end their trade dispute will be void u.s. commerce secretary wilbur ross has been holding talks with chinese leaders in beijing h

argentina the international monetary fund have reached an agreement for a three year fifty billion stand by a range meant the government and when ira says it's sort financing to provide a safety net and avoid the frequent crises of argentina's past the international monetary fund board still has to approve the bailout loan. the deal marks a turning point for argentina for years argentina shun the i.m.f. after the economic crisis of two thousand and one two thousand and two many argentines blamed that crisis on austerity measures which the i.m.f. had demanded and they took to the streets again in protest against president mauricio mockeries in ago she ations with the fund charge and tina requested i.m.f. assistance early last month after its peso currency weaken sharply in an investor exodus the chairman of the central bank and the finance minister announced the deal on thursday it was. stand by we've agreed on standby access the amount of fifty billion dollars this is eleven times greater than argentina's quota which is reflective of the support of the international community for argenti

that concession you know here's someone who's trying to ease tensions the head of the international monetary fund's christine legarde is increasingly concerned about the developments here's what she had to say sue called trade war. driven by reciprocal increases in import tariff gives no winner and we find generally loses on both sides the negative impact on the global economy would be serious not only the united states takes action but especially if other countries as a result were to retaliate notably those that would be most affected such as canada such as germany and other european countries. she's got a point there especially considering the us economy is so growth us right now i mean these sanctions aren't going to hurt the u.s. . well the point of the e.u. countermeasures for example really isn't to knock off points off the us is g.d.p. but rather to make a political statement by highlighting american iconic products and products tied into republican constituencies and as we know the chinese are set to set to do the same they're going to impose they're probably going to impose tariffs on pro

return argentina to the world capital markets but the country has once again gone to the international monetary fund for a lifeline there is a ball reports from. roadblocks all around when a site is this is how argentina's capital look on monday after the country's largest workers' confederation called for a general strike against the government of. left wing groups blocked major roads leading to the capital protesting against what they say is a government that rules for the rich. there is a social crisis in the political crisis there is discontent is the beginning of the pact between the i.m.f. and the government that brings about austerity measures the economic situation is worse that's why we will be on the streets. since taking office mackie's government has been unable to control the double digit inflation rate that has tormented arjun times for years the recent devaluation caused by a strengthening u.s. dollar forced the governmental request and urgency emergency fifty billion loan from the i.m.f. prices have continued to go up since then and that's why on monday argentina was paralyzed by a s

cuts to food prices and they're angry at the government's decision to turn again to the international monetary fund for help that is about reports from. thousands of people from all around the country went to the presidential palace to demand jobs and an emergency budget to help the poor he said. we've seen the situation deteriorate since machree took office we see it in a soup kitchens we walk the slums and there is need in the last month argentina's currency devaluated around thirty two percent and that has already had an impact on inflation which is one of the highest in the world after the peso currency hit an all time low earlier this month the government of returning to the international monetary fund to get help it's generated fear among the many arjun tines. why i call on the i.m.f. if we have enough we can generate enough for all of us we know what's happened in the past when he asked for help from the i.m.f. we ended in a crisis since taking office maggie has tried to cut back on government spending by lifting subsidies on water electricity and transport but this week the opposition passe

the international monetary fund approved a seven hundred million loan to jordan two years ago to lower public debt and increase growth jordan relies heavily on financial help from the u.s. u.a.e. and until recently saudi arabia which has cut funding king abdullah is a key u.s. ally in the strategically important region which borders syria israel and iraq regional time or has worsened the kingdom's money problems and it sheltering one point four million syrian refugees not according to the hashemite government and those refugees look no closer to returning home. it's also has a large population of refugees from the war in iraq plus two million palestinian refugees have settled in the kingdom. the king recently reversed plans to raise petrol prices foreign protests and these latest protests against austerity measures are further demands for change. algis there china is warning the u.s. that any agreements to end the trade dispute will be avoided if washington goes ahead with imposing tariffs u.s. commerce secretary will be a ross has been holding talks with chinese leaders in beijing slo

international monetary fund is one of damage that this dispute could do. —— is warned of damage. the imf in this?” do. —— is warned of damage. what is the role of the imf in this? i worry that trump will not listen to the imf or the wto. he always views them as the enemy. if it will change it is because other world leaders he is closer to might have a quiet word. thank you forjoining us. let's take a look at some of the other stories making the news. mcdonald's will replace plastic straws with paper ones in all its uk and ireland restaurants starting from september. the fast food giant is the latest company to opt out of the plastic straws, which can take hundreds of years to decompose. mcdonald's uses 1.8 million straws a day in the uk. at&t has closed its $85 billion deal to buy time warner after a judge ruled it was legal under antitrust law earlier this week. the usjustice department, though, has 60 days to appeal. it says it is considering its options. the trump administration had argued the merger would harm consumers. the bank ofjapan has kept monetary policy steady — main

and the international monetary fund in exchange greece cuts down on public spending and pasta crucial reforms to shore up its economy the aid package to athens is set to expire in late august time for athens to go it alone greece hopes it will soon be able to stand on its own two feet again that's why some of its creditors including the international monetary fund and the european stability mechanism will end their support in august it's a step greece's parliament is already preparing for it passed the latest reform and austerity package in june you were zone finance ministers now want to discuss how they can remove the final roadblocks for greece to reenter the international financial market one idea is to tie greece's future debt payments to its economic development that means that in good years it could chip away at it suffer in debt more quickly that's something the economic data support greece's g.d.p. had been shrinking for years but since two thousand and seventeen it's been growing the ministers could also decide to extend greece's loans set lower interest rates or even freeze

the former head of the international monetary fund's china division.esses and investments. today, the national assembly held an extraordinary session where president miguel diaz—canel picked his predecessor, rahul castro, to lead the parliamentary commission that will draft the constitutional reform. the bbc‘s will grant is in havana. these are changes that raul castro has wanted to see codified in the constitution for some time now. i think specifically in terms of the economy. he wants it clear that cuba will be moving to a mixed, and more mixed economy than the previous completely communist socialist economy, and he wants that reflect that so that perhaps the small business owners that are permitted under cuba law have a bit more legal representation under the constitution. and there are other things too — particularly term limits on president, on the president, and on other high officials, age limits, too — things that will make a difference to the way that cuba is run, but not the underpinning philosophy, the political philosophy, the socialist na

strike those strikers are frustrated that the government's plan to call on the help of the international monetary fund the i.m.f. has provided argentina access to fifty billion dollars in funds should they need it but the citizens are having none of it. deserted airports not a single traveler waiting at the check in desks and bus stations that seem abandoned it's not because argentinians are sitting in front of their t.v. sets watching the world cup know it's because argentina is in the midst of a massive general strike. even schools and banks and hospitals are closed for twenty four hours the powerful c g t union called for the strike and thousands of demonstrators filled the streets of. calling for wage negotiations with no upper limit but the administration of mary sue mccree wants to wage increases capped at fifteen percent despite an annual inflation rate of twenty six percent. this must be the beginning of a real fight i cannot and here we much the feet mccurry and drive. which is the only way for us the workers to turn the situation around. argentina's finance ministry estimates the strike will

economic reform program introduced to qualify for a twelve billion dollar loan from the international monetary fund. seventeen people have been killed in the venezuelan capital caracas after a tear gas canister was detonated in a nightclub during a student graduation party the interior minister says the device went off during a fight between several students the incident happened in the early hours of the morning and it set off a stampede for the exits seven people have been arrested colombians are preparing to head to the polls on sunday to elect their new president the vote has raised fears of the historic peace deal signed by the government and far cry balls and two thousand and sixteen could be jeopardized whilst one of the candidates is a former rebel who is vowed to fully implement the zero the other is a conservative committed to rewriting it and the gallagher is more now from bogota . well we're just a few hours away from the polls opening here in colombia and what i can tell you for certain is that this is a divided electorate on the one hand you have people who want to see a more secure e

at ministers for proving a new draft law on tax reforms the policy is influenced by the international monetary fund which jordanians accuse of interference at the start of the one mr buffett you know we support our brothers that are going down to the street to protest against new taxes because the people are going through a very tough economic days the problem is not just the tax more the jordanian citizen right now. his pockets are empty are completely empty. saw the government has to listen. to the sound of the people ask for more beloved how local citizens now have no power the searching for food put the children daily women are looking in the rubbish for food and every day we are surprised by rising prices and new taxes. on saturday jordan's king abdullah discuss the protests with these government he says people shouldn't have to bear the burden of financial reforms alone he intervened to freeze an increase in fuel prices on friday the prime minister had elmo to says ministers must decide whether or not to ditch the tax bill. the deputy prime minister of qatar says it's stronger than it was a y

road rail an air transport workers are protesting at the government's latest deal with the international monetary fund they say i.m.f. a stereotype measures unfairly target the poor it's the third national strike faced by president nixon mockery since he took office in two thousand and fifteen. that have been mass burials in central nigeria for about one hundred people killed in recent days the deaths are the result of an is escalation in the conflict between farmers and semi nomadic herders in plateau state president mohamed bahati has warned against reprisal attacks and has deployed troops to contain the violence. italy's interior minister matteo salvini has visited libya as part of efforts to stop migrants reaching italy's shores in tripoli salvini called for the creation of centers to screen asylum seekers italy's new governments closed its ports to charity ships operating in the mediterranean coming up next it's with. candid testimonies from live in these women who are staying single longer. what's causing this cultural shift in a society already be set by religious and social tensions. and are t

resignation of the government ministers approved a new economic policy influenced by the international monetary fund protesters accuse the i.m.f. of interference of worsening jordan's economic crisis. who the rebels in yemen say that the capital of the united arab emirates abu dhabi is now within reach of their missiles hooty forces say that they've managed to recapture some territory recently the u.a.e. and saudi arabia are leading the coalition of countries fighting a three year war in yemen against these they've especially they've repeatedly fired missiles towards the saudi capital riyadh. a french newspaper says that saudi arabia is threatening military action against castle if it buys russian s. four hundred missiles lamond reports that the saudi king told the french president that his country would retaliate if quiet the anti aircraft defense system saudi arabia the u.a.e. egypt and bahrain have imposed a blockade on cattle for the past here. is a professor of conflict resolution at george mason university of the united states he says that the saudis are showing no sign that the gulf crisis ca

country's annual output it borrowed seven hundred twenty three million dollars from the international monetary fund two years ago to cope with its economic slump. jordan is also struggling to housing support two point seven million refugees from neighboring conflicts more than a third of the entire population oh these jordanians understand their country is in financial difficulties what they don't understand is why they're being asked to pay the bill some of the d.c. al-jazeera. and margot there's a middle east analyst and former based journalist and he says there is no easy solution to the crisis. the protests only began on wednesday and we've been moving very quickly to the point where on friday the king canceled the fuel tax and already according to many reports monday the prime minister will resign this has been one of the key demands of the protesters in addition to the canceling of the tax law you have unemployment rising to about eighteen percent amman is one of the most expensive cities in the arab region you have deep seated economic issues with twenty one percent of jordanians below the p

peso currency hit an all time low earlier this month the government of my return to the international monetary fund to get help it's generated fear among the many arjun tines. why i call on the i.m.f. if we have enough we can generate enough for all of us we know what's happened in the past when he asked for help from the i.m.f. we ended in a crisis since taking office maggie has tried to cut back on government spending by lifting subsidies on water electricity and transport but this week the opposition passed a law to block the latest race. machree blames the previous administration for the current situation he accuse the opposition of being irresponsible and veto it. those who voted for the law did not say we're going to get the money it means we suspend social spending pensions infrastructure work that we have found around the country bring drinking water roads energy i don't like the rise in the prices of utilities but there is no future with no energy and no investment labor unions are now threatening a national strike saying the president is cutting back taxes from the wealthy and taking away

the international monetary fund approved a seven hundred million line to jordan two years ago to lower public debt and increase growth jordan relies heavily on financial help from the u.s. u.a.e. and until recently saudi arabia which has cut funding king abdullah is a key u.s. ally in the strategically important region which borders syria israel and iraq with regional time or has worsened the kingdom's money problems and sheltering one point .

and return argentina to world capital markets but the country is once again gold to the international monetary fund for a lifeline trees a has more from. roadblocks all around when a site is this is how argentina's capital look on monday after the country's largest workers' confederation called for a general strike against the government of. left wing groups blocked major roads leading to the capital protesting against what they say is a government that rules for the rich. there is a social crisis in the political crisis there is discontent is the beginning of the pact between the i.m.f. and the government that brings about austerity measures the economic situation is worse that's why we will be on the streets. since taking office mackie's government has been unable to control the double digit inflation rate that has tormented arjun times for years the recent devaluation caused by a strengthening u.s. dollar forced the governmental request and urgency emergency fifty billion loan from the i.m.f. prices have continued to go up since then and that's why on monday argentina was paralyzed by a strike b

resignation after government ministers approved a new economic policy influenced by the international monetary fund protesters accuse the i.m.f. of interference and worsening jordan's economic crisis. a french newspaper says saudi arabia is threatening military action against russian weapons are bought lamond reports the saudi king told the french president he will retaliate if cata acquires a russian anti aircraft defenses to saudi arabia the u.a.e. egypt and bahrain have imposed a blockade on cattle for the past year still ahead on al-jazeera victory for striking oil workers in brazil a target of their anger has quit. while there is a particular young voters on board ahead of mexico's biggest ever election. welcome back looking at weather conditions across southeastern parts of asia the land underneath is almost lost under a mass of clouds is all looking very threatening having said that we did have a report of some heavy rain effect in surabaya on java for the last twenty four hours a little suspicion around that certain as you get further north then that's where the rain is centered kota kinaba

rail and air transport workers are protesting that the government's latest deal with the international monetary fund they say i.m.f. astonishing measures unfairly target the poor. navy divers have reentered a flooded cave in northern thailand to search for twelve boys and their football coach they were trapped after a heavy rainstorm blocked the only way out of the cave on saturday afternoon officials say they're confident the boys are still alive as the cave extends several kilometers in the could have sought refuge in one of the chambers locals who performed a ritual to pray for their safe return scott tyler is joining us now live from chiang rai this is as i understand it scott the third day of searching how the search is actually being carried out. rubble right now the searches are ongoing we know that the navy seals on monday evening had to call off their search because of heavy rain there's been heavy rain that's been going on since the boys and the coach went missing last night monday evening the rain was very heavy so the search was called off it was then started tuesday morning pm with thos

want ministers to resign and after they approved a new economic policy influenced by the international monetary fund they accuse the i.m.f. of interference the prime minister says the government will continue talks with unions about the changes in the lead up to m.p.'s to make a decision on whether to ditch the proposal. farmers in northern india have taken to the streets to demand a fair price for their projects. some of them are on a ten day strike they want traders to pay them more for their crops and one financial aid from the government more than half of india's farming households are in debt despite numerous loan write offs by successive governments. all nations in the asia pacific get given a cautious welcome to u.s. president donald trump's decision to finally go ahead with this summit with north korean leader kim jong il and japan and south korea are divided of the future of pyongyang's ballistic missile program and that division was on display at international security conference in singapore it's called highly reports. the focus of the high level discussions here at the shangri-la dialogu

ask the international monetary fund for two years holiday that we should we should not increase taxes let even if. i were i need to borrow to invest not want to cover current expenditures all right just picking out way we have to do that just picking up on that point about the i.m.f. do you think that they would be amenable to that to to adjusting their policies extending the program you know in order to give some some sort of breathing space for the jordanian government and by extension the jordanian people. yes and i think that. just like any other international organization they are looking for success stories to tell the rest of the world we're not asking the i.m.f. to change its own model what we are asking them that instead of decreasing the debt g.d.p. ratio from ninety six percent to seventy seven percent by the end of two thousand and twenty one to make of that in two thousand and twenty three now that would be tenable if we really begin to create good off if we grow the denominator which is the g.d.p. is going to grow and therefore the percentage of if we manage to maintain

able to stand on its own two feet again that's why some of its creditors him colluding the international monetary fund and the european stability mechanism will end their support in august it's a step greece's parliament is already preparing for get past the latest reform and austerity package in june eurozone finance ministers now want to discuss how they can remove the final roadblocks for greece to reenter the international financial market one idea is to tie greece's future debt payments to its economic development that means that in good years it could chip away at its suffer in debt more quickly that's something the economic data support greece's g.d.p. had been shrinking for years but since two thousand and seventeen it's been growing the ministers could also decide to extend greece's loans set lower interest rates or even freeze greece's payments for several years but at current rates greece won't have paid off its loans until twenty sixty should the bailouts actually end in august then greece will be forced to raise new funds on the international finance market and to help convince investors

the international monetary fund approved a seven hundred million loan to jordan two years ago to lower public debt and increase growth jordan relies heavily on financial help from the u.s. u.a.e. and until recently saudi arabia which has cut funding king abdullah is a key u.s. ally in the strategically important region which borders syria israel and iraq regional time or has worsened the kingdom's money problems and it sheltering one point four million syrian refugees that according to the hashemite government and those refugees look no closer to returning home. it's also has a large population of refugees from the war in iraq plus two million palestinian refugees have settled in the kingdom. the king recently reversed plans to raise petrol prices foreign protests and these latest protests against austerity measures are further demands for change. algis there let's explore the issues here a little more with the use of doubt who's the director of the development economics program of the doha institute good to have you with us in the studio to the protesters in jordan have a point or hav

in argentina and they've infuriated at the government's latest appeal for help from the international monetary fund tourism reports now for us. thousands of people from all around the country went to the presidential palace to demand jobs and then him. urgency budget to help the poor he said. we've seen the situation deteriorate since machree took office we see it in the soup kitchens we walk the slums and there is need in the last month argentina's currency devaluated around thirty two percent and that has already had an impact on inflation which is one of the highest in the world after the peso currency hit an all time low earlier this month the government of return to the international monetary fund to get help it's generated fear among the many arjun tines. why i call on the i.m.f. if we have enough we can generate enough for all of us we know what's happened in the past when he asked for help from the i.m.f. we ended in a crisis since taking office maggie has tried to cut back on government spending by lifting subsidies on water electricity and transport but this week the opposition passed a l

the international monetary fund the government says this will reduce its debt but the protesters say the i.m.f. is interfering and making matters worse jordan key ally of the united states in the region it's located in a strategically important area between israel and syria but its location causes some problems to home to hundreds of thousands of refugees who fled various regional disputes from the israeli palestinian conflict invasion of iraq and of course syria more recently without many natural resources jordan's relied on aid and trade to maintain its economy but again that fighting in syria has prevented many of the cheap goods actually from reaching jordan that of course means prices go up it puts pressure on an already struggling economy and so the government says these plans tax reforms will target high earners and leave the lower pay people relatively untouched. but already there are plans to increase fuel prices by more than five percent tricity cost by nineteen percent that affects everyone protests and instability would be viewed with concern in the region and by the west

big clouds dark clouds that hang over the global economy according to the chief of the international monetary fund christina god describing the state of global trade in the era of trump here in germany economists that appear to worry and report presented by the o.e.c.d. in berlin suggests growth in europe's top economy will remain strong next year that said the group did list germany's large trade surplus as a source of concern and has called on the country to invest more in infrastructure and technology. and as he so we've got the o.e.c.d. secretary general right here with us in the studio. thank you very much for coming in thank you and explain to me how everything is going so wrong as far as trade goes as far as global trade goes and how jummy is managing to remain so economically stable when it's so dependent on global trade it's a huge export or would your basic premise is that everything's going so wrong and does not trade is now growing at four to five percent that is higher than we've ever had in many years actually we had trade growing at zero minus something and then we have two percent

protest their government's economic policies and its unpopular decision to seek help from the international monetary fund many blame the lender for argentina's worst economic crisis in two thousand and one a nationwide federal march demonstration began four days ago. u.s. commerce secretary wilbur ross is in beijing to talk about new tensions over trade ross is to discuss a promise by beijing to buy more u.s. goods to reduce its current account surplus the meetings come after the u.s. threatened again this week to impose tariffs on some chinese imports. the on again off again summit is on again u.s. president doll trump says he will meet the north korean leader kim jong un on june twelfth in singapore just days ago trump had canceled the summit intended to denuclearize north korea blaming belligerent rhetoric from pyongyang now after having met with a senior north korean envoy at the white house during which trump was given a personal letter from kim trump says the summit is back on track. the meeting between the north korean delegation and u.s. president donald trump ended with smiles photos and handsha

bails out key there is another alternative for one has asked the international monetary fund for aid could do the same and what the i.m.f. stepping. well there is a major difference in the i.m.f. is a lender of last resort basically comes in if there is a potential to restructure governmental deputy particularly in turkey we have a large commercial private death which creates this friction some problems and besides that i have my doubts that the political will in turkey is existing to take in foreign international organizations i just want to. remind you that i don't himself was always boasting we as a as adept a country became now a credit to country and within the i am after that will be not very high in times of the election ok that sense i know you. professor of international economics at constans university of applied science thank you so much i think you. now german industry is beginning to slow down in april demand for industrial products dropped for the fourth months in a row germany's federal economic ministry fig figures show that germany recorded two point five percent les

protest their government's economic policies and its unpopular decision to seek help from the international monetary fund many blame the lender for argentina's worst economic crisis. in two thousand and one a nationwide federal march demonstration began four days ago. dozens of activists in venezuela whom the opposition considers political prisoners have been released from jail authorities say the gesture was aimed at uniting the fractured nation human rights groups say that even after this round of releases more than three hundred political prisoners remain behind bars in venezuela. credit card company says it's restored service to normal levels following a service disruption that hit its payment system the issue affected users in europe leaving many businesses unable to process purchases by its card holders the company says it was due to a hardware failure. the first matches a day six of the french open have kept fans on the edge of their seats number two seat caroline wozniacki is now safely into the fourth round the dane beat pauline parmentier in just over an hour and remains on course to win her se

lost more than a third of its value against the dollar since the start of the year the international monetary fund recently granted argentina and emergency loan of fifty billion u.s. dollars in an attempt to give the country a breather. italy's new prime minister conti is in berlin for talks with german chancellor angela merkel talian economy is in dire straits and rome's financial options are limited italy is the us fortunate fourth largest economy its step that is among the blocks highest right behind greece kanzi wants to reduce the gap between debts and economic output italy's debt is currently at one hundred thirty two percent of gross domestic product by growing the economy that all important percentage can be changed without significant cuts and a limit on borrowing to stimulate that growth for the long term rome is planning massive tax cuts the short term however this will likely lead to shortfalls in revenue and even more debt it's a risky strategy strategy considering that italian debt has been continuously growing since the man's financial crisis in two thousand and eight from one hundr

gerri: international monetary fund set to revise euro lower, jane, what is behind this and what can wee is trade war, of course, the euro zone is going to be touched by that, but there are other factors too and you will recall a while ago the market was very much stressed about the italian situation, the populist government in italy, well, in october they will present their budget, that could potentially cause stress for europe if they were to spend more money than brussels really want them to and cause brexit, if that goes through without the deal, that would affect the uk economy but the accident occuro zone economy as well. tracee: all right, opec is expected to raise productions and today's meeting in vienna, what kind of increase are you expecting to see? >> well, of course, the increase that we see on paper will be different than the difference than we actually get because we know many opec members, they won't be able to increase according to extra quotas that they get, why we get increases, we could see close to 600 compared to what the market was expecting is a little bit less

hundred and seventy five mostly had no choice but to contact the financial lifeguards at the international monetary fund the i.m.f. signaled it would assist barbados ailing economy with an emergency debt restructuring plan does then suspend payments to external creditors to regroup barbadoes o's two thirds of its debt to local investors and bonds. through. some thought that debt restructuring measures are required without endangering its domestic financial system. government wants to protect barbados most vulnerable citizens as well as vital business sectors critical to the island nations growth or what's going on that i'm now joined by graeme minus a journalist from the region first of all we always think of your it's an expensive hotels and rich people when we talk about places in the caribbean like barbados we forget these countries are normal you. anime's with normal people in this group the company. used to be considered one of the fiscally tightly run countries in the caribbean how did that get so high well for starters you have to look at the history of these countries you know a lot of them were

on friday the international monetary fund warned of the damage the trade dispute could do to the world. lateral discussions can be counter—productive to the global economy and trading system. as i have said before, a so—called trade war, driven by a reciprocal increases in import tariff gives no winner. and we find generally loses on both sides. with me is dr yujie, head of china foresight at lse ideas, which is the foreign policy thinktank at the london school of economics. what do you make of this? i think beijing will take it as a provocation from donald trump, because given what has just happened between donald trump and kim jong—un, of course china put efforts into getting back to the negotiation table, so they expects concessions on trade tariffs. but that did not happen. what happened was this 50 billion tariff every year. that is potentially quite damaging thing on both sides, because china's response would be most likely to impose ta riffs would be most likely to impose tariffs on our culture products, which could harm the us economy. china will politicise it? they well. i thi

congress over his plans to impose austerity measures a part of a bid for help from the international monetary fund the i.m.f. on wednesday the argentinean senate voted. thirty seven to thirty to pass a bill limiting the president's ability to raise some utility rates mr marson vote vetoed the bill which is economy minister claimed would add three billion dollars to this year's budget deficit the president seeking to impose austerity on argentine finances in order to please i.m.f. negotiators as he seeks a thirty billion dollar loan this week he unveiled a plan to.

argentina has reached a deal with the international monetary fund for a $50 billion three—year loan subjectd. argentina went to the imf for help on may 8th after a slump in its currency the peso amid a broader investor exodus from emerging markets. it's a controversial move in the country, where many people blame austerity measures imposed by the fund for a devastating financial crisis in 2001. french property giant unibail—rodamco, europe's biggest commercial property company, has completed its takeover of australian shopping mall operator westfield. the $24.7 billion deal is the biggest corporate takeover in australian history. mall operators are being forced to consolidate amid growing competition from online retail. up next: newsbriefing. we'll take you through the stories making headlines in the global media today including. but for me, it is goodbye. negative attitudes toward growing old are having a major impact on the public‘s health. that's according to a report out today which warns media cliches and anti—ageing cosmetics are doing more harm than good. the royal society for public

demanded his resignation the government has refused to scrap a reform bill backed by the international monetary fund. and football germany faced austria in a friendly match ahead of this month's world cup heavy rain hail and thunderstorms initially delayed kick off but when the referees gave the all clear it was a chance for manual noire to show he was ready for russia. jepson men will neuer was made to wait to get back in the german goal bad weather delayed the kickoff for nearly two hours delayed start did nothing to do germany's alertness ms it is a power sort of a stick from austria as keeper and put the world champs zero one nil. later in the first half it was neuer who was put to the test his own casual ball came back at him. and later florian british peppered his goal but by and keeper was up to the test. after the break germany's play began to drop a long corner found its way to much of him directly apply an emphatic volley to finish all alone at the far post neuer didn't have a chance it would get worse for the visitors i was on your show scored to make it two one to austria who hadn't beat