Impact of these floods. The flooding so far in the month ofjuly is estimated to have cost around 25 billion usd. And of course the season for these sort of extreme weather events is not yet over. August and september, historically, have also often had Severe Weather events, such as typhoons and floods, as well as drought. Last year, china was also hit by a very severe drought. So what were seeing is increasing impact of Severe Weather events on china. And this is, of course, linked to rising temperatures globally. Climate change is very much linked to what were seeing at present in china and in recent years. And theres a lot of concerns that as Global Temperatures rise further towards that global target of one and a half degrees centigrade, that the impact and economic costs of these Severe Weather events will actually increase significantly further. So in your view, should there be more investment in infrastructure in order to prevent devastations that we saw . I think, given the expe
Wall street was being red on tuesday, bank stocks leading the way. Shares in Goldman Sachs fell 2 . The catalyst was moodys downgrading the Credit Rating on several small and me us banks, including mmt and pinnacle financial. The red flag is raised by the Ratings Agency including a potential recession as well as problem so to the commercial real estate set up. As one analyst put it, any doubts about regional banking is bad for market sentiment. That wasnt helped by data from new york federal reserve, which showed that for the first time americans owed more than 1 trillion on their credit cards. Traders have also been focused on corporate results, which so far have been better than expected. That was true for lyft was reported results after the us market close, ebbo s small arrival is forecasting higher revenue in the Third Quarter based in part on a post pandemic rebound in road sharing. Rivi and posted a narrower loss than expected and raised its Production Guidance for the full year.
A foreign power is preparing to attack. It comes after the expiry of a sunday deadline from west African Regional bloc ecowas, which demanded the coup be reversed. The group now plans to hold an Emergency Summit on thursday. Meanwhile, the United States is suspending more than 100 million in aid to niger. But officials insist theres still time to solve the crisis. The window of opportunity is definitely still open. We believe that they should step aside and allow president Mohamed Bazoum to resume his duties, today, tomorrow, anytime in the nearfuture. They dont want to put a time when that window be close, would you say that using diplomacy to achieve this objective is our top priority with respect to niger. Our correspondent chris ewokor following the story from neighbouring nigeria. It is one day after the expiration of the ultimatum given to niger coup leaders by ecowas to reinstate president Mohamed Bazoum. The leaders are due to meet on thursday this week to deliberate on the pro
And seeing the filth and the decay and all of the broken buildings and walls and the graffiti. This is not the place that i left. Its a very sad thing to see it. When you look at whats happening, this is a persecution of a political opponent. This was never supposed to happen in america. This is the persecution of the person thats leading by very, very substantial numbers in the republican primary, and leading biden by a lot. So if you cant beat him, you persecute him or you prosecute him. We cant let this happen in america. Thank you very much. Live to outside the courthouse now, with carl nasman. Good to see you, youve been at the courthouse all day today. Walk us through what you have seen unfolding. Seen unfolding. Definitely a lot of what seen unfolding. Definitely a lot of what we seen unfolding. Definitely a lot of what we saw seen unfolding. Definitely a lot of what we saw today i seen unfolding. Definitely a i lot of what we saw today was incredibly historic. Former President
You represent and upgraded in four years, upgraded infouryears, and thatis upgraded infouryears, and that is the key to how the apple growth story plays out stop plays out. Plays out. Interestingly, the other plays out. Interestingly, the other servers plays out. Interestingly, the other servers went plays out. Interestingly, the other servers went up | plays out. Interestingly, i the other servers went up also what are the other services . 0verall Services Continue to be strong, a key part of apple plasma growth story, and really thatis plasma growth story, and really that is something they are building out further and further. Youre going to also have, going into this next year, cloud, ithink have, going into this next year, cloud, i think app store. If you look at that, that continues to uptick. That has been a big part of what i call the re rating of apple stock. I want to ask you about apples plan for artificial intelligence, because the company has said it wanted to grade its own