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helped him come close to winning the democratic nomination for president in 2016. so his decision to investigate the working conditions at one of america s biggest employers is sure to capture headlines and set up a robust argument about worker protections. now, for its part, amazon has been criticised for the conditions its warehouse workers face in facilities all over the world. it s already being examined for its safety record by multiple us government agencies. amazon is also notorious for resisting all efforts to unionise its workforce. now, in response to mr sanders letter, amazon strongly disagrees. it says it has been able to reduce injuries across their us operation, and has invested more than $1 billion into safety initiatives over the last four years. meanwhile, indian prime minister narendra modi has arrived in the united states for a state visit. he earlier chatted with tesla s boss elon musk in new york, who said the ev maker will try to be in india very ....
right now, it sits somewhere around 4%. that s certainly better than where it was last year. somewhere above 8.5% but it is still not good enough. and it s why the fed chair jerome powell has said more interest rate hikes seem pretty likely. in may the 12 month change in the cpi came in at 4.0% and the change in the core cpi was 5.3%. inflation has moderated somewhat since the middle of last year. nonetheless, inflation pressures continue to run high and the process of getting inflation back down to 2% has a long way to go. the theory is by making it more expensive to borrow money it should cool off the economy. and ten rate hikes later, that tactic seems to be working. of course, the danger is the us economy could fall into a recession. those hawkish comments by mr powell had certainly weighed on investor minds. spell, likewise on wall street on wednesday. still staying on the topic of interest rates, it s going to be a busy day for monetary policymakers here in southe ....
lawful routes to use russian assets. and on monday we publish new legislation to allow us to keep sanctions in place until russia pays up. but beyond that we must bring to bear a partnership of governments, international financial institutions and business leaders, all of us here today to make this happen. the british government will continue to play its full part and i m proud today we are announcing a multi year commitment to support ukraine s economy over three years we will provide loan guarantees worth $3 billion. we are also launching a new uk and ukraine tech bridge to foster investment and talent along with support for green energy and more, or part of a vast collective effort from allies and partners around the world, including significant new support from the eu which is also being announced this week. president tyminski said the counteroffensive had been slower than hoped for. we are talking about recovery, millions ofjobs. not only for ukraine but for all of our c ....
for more, wendy cutler vice president of the asia society policy institute and former us diplomatjoins us now. trade relations like other parts of the us relationship with china are tense. while a lark of trade still continues to flow between the two countries tariffs remain in place export restrictions remain in place and try never increasingly is imposing regulations making it very tough for us companies to operate in their country. interesting though because economic ties still happen where discussions with geopolitical issues and onto the defensive front just shut down so we just now have bill gates and elon musk visiting china she would feel more positive about the economic side of the relationship was not clearly beijing seems more interested in reviving or strengthening the economic part of the relationship versus the military part. of the relationship versus the military part- military part. one thing i will be looking military part. one thing i will be looki ....
secret core of apple. it makes many of the components that go into apple, we ve been speaking exclusively to the bus to see how it navigates tensions between the two superpowers. the changing of the guard at taiwan s national shrine. this is an island that has always been on edge. it is a self ruled territory with democratic elections but china sees it as a rebel region that must be reunited with the mainland by force if necessary. which has led to companies like foxconn, headquartered in taiwan, having to rethink their operations. you are a vital part of the taiwanese economy, what is the business contingency plan here? the business contingency plan here? tie: diversification business contingency plan here? tue: diversification is one business contingency plan here? tue diversification is one way. as a business, as a ceo, i had to think about what if the worst case happened. so we are doing something, some planning. hopefully it will not happen but we have to be prepar ....