And is now the worlds fourth largest economy. It had been the second largest until china overtook it in 2010. Japan has also been battling a deflationary spiral for a generation, but that ended late last year. Mariko oi has been following the story for us from our asia business hub. What more can you tell us about ishibas economic manifesto . Well, his economic policies are still rather unclear. He has been criticised during the Election Campaign for lacking a clear economic vision. One thing we do know is that he was quite critical of the shinzo abe, who implemented investor friendly policies. During the Press Conference he held this evening he talked about how investors may have benefited, but not ordinary consumers, so we may see some changes there. The value of the japanese yen, it jumped the value of the japanese yen, itjumped because shigeru it jumped because Shigeru Ishiba itjumped because Shigeru Ishiba supported the independence of the central bank, as opposed to his oppositio
Hitting two areas near haifa. Lebanese officials say more than 700 people have been killed in israeli strikes since monday. British prime Minister Sir Keir starmer used his first speech at a un general assembly to call for an end to the fighting. Our diplomatic correspondent James Landale from New York. There is no ceasefire in beirut. This was the aftermath of yet another Air Strike in the lebanese capital. Israel says its Targeting Hezbollah commanders. These were their images of the attack, one that had devastating consequences. At the united nations, the Prime Minister has been meeting key regional leaders. He signed up to an international call for an immediate ceasefire, a call he echoed as he addressed the un general assembly for the first time. I call on Israel And Hezbollah, stop the violence, step back from the brink. We need to see an immediate ceasefire, to provide space for a diplomatic settlement. And we are working with all partners to that end, because further escalation
Live from london this live from london this is business todAy. Is business todAy. We stArt in the Red SeA where irAn bAcked Yemeni Houthi rebels AttAcked two more Crude Oil TAnkers with missiles And drones on mondAy in whAt us CentrAl CommAnd cAlled Reckless Acts of terrorism. LAte lAst week the group releAsed these pictures of Another AttAck on the greek flAgged tAnker sounion. Since the houthis begAn tArgeting ships in support of the pAlestiniAns over the GAzA WAr bAck in november they hAve lAunched more thAn 70 AttAcks, sinking two vessels, Seizing Another And killling At leAst three seAfArers. The economic impAct hAs been felt fAr beyond the region with ships forced to divert on A long And costly detour Around the horn of AfricA. West coAst soAred 389 Betwen December And july. From AsiA to europe its been even more expensive up 469 over the sAme period. Those prices hAve eAsed A little since but Are still mAssively higher thAn when the houthis begAn their AttAcks. Peter sAnd is Chi
And early noughties. Now this comes hot the heels of Dissapointing China Trade data on tuesday showing exports sank at their fastest rate since the pandemic. Global demand for chinese made goods is falling, down more than 14 in the year tojuly. But domestic demand is down too with imports also falling by more than 12 in the same period. Joining me now is janet mui, head of market analysis, Rbc Brewin Dolphin where is this deflation coming from . Good morning, thanks for having me. So, this Deflation Data is mostly coming from food. And also commodities prices like raw materials, energy etc. Actually, if you look at the underlying deflation, things Like Services and tourism and leisure, hotels. Actually, they are up, the Core Inflation is up from 0. 4 to 0. 8 . But obviously, its still pretty muted. Overall, it is a concern that china prices are contracting and it could be lasting for a while as well. , ~ , could be lasting for a while as well. , ~ ,. ,. , well. How likely is it that ch
as further allegations against the presenter emerge tonight, we ll ask where this crisis goes next. and there are further questions for the sun including why will no one from the newspaper talk to us? today, the bbc s director general did speak. clearly these are damaging to the bbc. it is not a good situation. also tonight. the government faced down mps who wanted to dilute its illegal migration bill. but could there be more challenges to come? we ll talk to a conservative former minister who wants downing street to compromise. and in the last few minutes the government has said the g7 s going to announce, quote, a significant international framework for ukraine s long term security arrangements at the nato summit tomorrow. will president zelensky be satisifed with that for now? we ll talk to his former defence minister. good evening. as we came on air last night we tried to be really clear with everyone watching about the limits to what we actually know as fact in t