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Expected but still noteworthy in terms of timing right for the g. 20. Many feared as a signal that beijing still have critical leverage and perhaps he was signaling to President Trump that maybe he should modulate the trade for accordingly if he wants to see progress in the negotiations. And obviously there was President Trumps recent visit to tokyo and the desire to meet. Hes now met with him five tim times. President trump five times and putin warns. Then we obviously have the g. 20 later this weekend of this muchanticipated. Just last friday the administrations added five embassies and further restricting the access to technology and further complicating efforts to reach a trade deal with high tensions between the u. S. And china so all of this going on and we couldnt ask for a more distant this panel to discuss these and other issues. No one on the panel really needs an ....
P e ratios, in terms of valuations. We are in the downside. 11. 3 on forbes pes at the moment. Momentake a look at the that would us is going on. New zealand coming out with its budget. A quick word on the headlines. New zealand cut its budget forecast to 1. 3 billion new zealand kiwi dollars. It is just being brought down. Thats also facing debt falling to about 20 of gdp in 2022. Capital spending of about 10. Illion kiwis over five years operating spending over five years. Kiwid be about 15 billion dollars. They will also increase the bond program and launch a nominal bond, 2031 nominal bond, by the end of this year. That is currently the position. Lets look at what Morgan Stanleys ceo said. Dispute between the u. S. Doesnt think it will escalate, despite the anxiety caused by the markets. He spoke to us in an exclusive interview in beijing, where he is attending the Morgan St ....
also on the show, as global leaders meet in egypt for the cop27 summit on the environment, what are the stakes for one of the most beautiful places on earth? i m going to be asking the big boss of the caribbean development bank, dr gene leon. wherever you rejoining me from around the world, a power grab at the top of china s communist party has big consequences for the global economy. yet with war raging in europe, a cost of living crisis, surging interest rates and a global energy crisis, china s president xijinping s consolidation of power at the communist party s 20th congress could easily get a bit lost amidst the noise. but china s critical place in the global supply chain, in world politics, in manufacturing and exporting and its growing power as a consumer and tourist powerhouse means that these changes are incredibly significant for the way the world s economy is going to develop in the next few years. so with the benefit of a few weeks perspective, let sjust t ....
faced an avalanche of resignations of top cabinet members over the last 48 hours following multiple scandals for his government though he didn t directly mention those in his departure speech. have a listen. and i want you to know how sad i am to be giving up the best job in the world. but them s the breaks. johnson giving no timetable for when he will leave office, saying only that it will be announced next week. let se bring in nic robertson who is live outside downing street. how will this work? what happens next? and how quickly could there be a move? the immediate sense of what is happening is being played out right behind me right now. cabinet members walking in for a cabinet session with boris johnson. the attorney general walked up the street, just gone through the door. she s already put her hat in the ring to be one of the contenders to become next prime minister. she just smiled when a colleague asked her that question. boris government is now a careta ....
The growing relationship between china, russia and north korea,. Let me welcome all of the audience is here today as well as virtually. Both in the u. S. And abroad, i would assume. It is a real pleasure to be back here. Ive seen more of victor in the last 12 months than any other time in our 30 odd year friendship, which is good. Which is good. I am particularly delighted to chair this session for a number of reasons. My late father, who was a diplomat, told me, among many lessons that he told me, he said, number one, you can choose your friends, but not your neighbors. If you have tons of money, you can choose your friends and neighbors as well. But you cant choose your neighbors. Number two, he said, one of the things he wanted to leave as a personal and professional legacy is that he does not want any of his children, myself and my two sisters, to have a legacy of hate on japan. He said, we want you to remember history, be proud that you are koreans, but you should not have any hat ....