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the book, so maybe the president could be right about that. something that the president knows he s got some backup on when pushing this issue, trish, of immigration and his national security, he was standing there with guiseppe conte, the new prime minister of italy that won office based on wanting to reform italy s immigration laws and tighten border security there. angela merkel, who is not exactly a huge fan of the president, has recently said that germany is going to tighten up its borders as well. so perhaps public sentiment is moving in a direction that the president believes if he were to pull the trigger on a government shut down, might be one that he could benefit from politically. that really would be bucking history, trish. trish: thanks, john. the president pushing ahead with his shut down threat despine warnings from gop leaders, especially with the mid-terms coming up around the corner. here with me right now, u.s.a. today congressional r
Realistic picture. over three months, economic activity shrank by a fifth of a percentage point, which is slightly worse than economists were expecting. 0n the consumer side of things, where consumers are really feeling the pinch right now, consumer facing services are well below where they were, 6% below where they were pre pandemic. it is a very mixed picture. 0ver where they were pre pandemic. it is a very mixed picture. over three months, a slightly more sobering picture. months, a slightly more sobering icture. , ., months, a slightly more sobering icture. , ., ., ., months, a slightly more sobering icture, , ., ., ., , picture. andy, thanks for now. andy veri . there s been a 30 fold increase in the number of cases of measles across europe. the world health organization say there was 30,000 confirmed cases in 2023. cases across the uk have also risen. the west midlands are seeing its highest number for at least 30 years. it s thought the increase is due to a drop in uptake of
There s a lot of issues including amount of debt. housing. 20% of houses for the middle class are affordable. that s not a good thing. if you can t afford something, the reason why that we have a true spending issue not just from the government side but from the consumer side, we continue to extend the length of debt. in the 80s and 90s, we had 48 months car loans. now it s 72 months. now it s 96. neil: that s real. we re back to the kind of streak that we saw with 13 straight that we had in 1987. i know how that year ended. i know the market crashed that year. do you see something like that happen something that people are being a little bit too jolly? it was before my time. but i do like keeping up with history and data, right? so reaganonics. that was 1981. 1982 to 89, the stock market had
The professional level and the grassroots as well. katie silver, bbc news, sydney. the semiconductor industry is facing a glut of excess stock, an idea that seemed impossible during the 2020 2022 chip shortage. live now tojosep bori, research director, thematics division at globaldata. this is quite a surprise, really. what is behind this chip glut? really. what is behind this chi alut? ., chip glut? good morning. the chip glut? good morning. the chi ulut chip glut? good morning. the chip glut that chip glut? good morning. the chip glut that many chip glut? good morning. the chip glut that many fear - chip glut? good morning. the chip glut that many fear is - chip glut that many fear is coming is driven by at least three factors in our view, which lead to a perfect storm. first, there is a bit of a hangover from the pandemic as a result of the snap back in demand driven by the covid 19 lockdowns. 0n the consumer side, many people had to upgrade their pcs or even buy
And the increasing use of ai is going to create a lot of demand for high end chips and a lot of them will come from taiwan so there is a cycle going on right now, of a period of weakness at the moment. it should be better by the end of the year into next year. how concerned should these asian economies be about china s economic growth because 5% growth target is not bad at all but at the same time we have been getting quite a lot of week data and some expressing concerns that china could actually be in a deflationary falling prices stage. there is no consumer price inflation in china at the moment. it reflects the weakness in the consumer side of the economy. policy makers in china have expressed an interest in focusing on the consumer economy rather than on a manufacturing or the export based economy. so much of the region depends on trade with china. china is the largest trading partner for most economies