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Absa Bank Ghana Limited has taken a pivotal step forward in promoting intra-African trade through its latest initiative, the Absa Export Advantage Forum.
Andrew stair, president and ceo of world institution involved with the paris climate agreement. thank you, sir, for joining us. does the u.s. risk relinquishing the role as a leader and do you see danger in that? >> yes, it does, and, yes, i do. the united states has been a remarkable leader over eight years together with china, actually. we have a historic deal. we wouldn't have had it without that. and without american leadership, we will be in a much worse state than we were and the united states also will suffer and of course china sees very much this as part of its own economic interest. ...
They stop suppressing the value of their currency to have an export advantage over us. they tend to let the thing float after we nudge them about that. >> more than nudge, right? there's been a lot of talk about chinese currency manipulation. >> at least in the economic arena, and i agree with howard, there are more issues in play here, but the kind of behind the scenes diplomatic associations have been more effective. that said, what i see going on here is up a notch than i think anybody expected. the extent to which these hackers are infiltrating private organizations and corporations, i exp...
as search and rescue attempts continue, the focus moves 0en to who is to blame for the sinking of a giant ocean liner off the italian coast. and we'll tell you which production houses is big at the golden globes and what these awards tell us about the upcoming oscar ceremonies. first up, though, if the new year promised a new europe, well, some people could be disappointed. standard & poors last week had other ideas completely. to nobody's great surprise, this particular influential company decided to downgrade the credit scores of nine countries across the euro zone on friday. t...
Continues to manipulate its currency to keep its currency low to give it an export advantage and to some in the united states that means it's cost american jobs. good news on the one hand but interpreted very differently depending on where you are in the world. andrew? >> certainly findication china will change that stance on its foreign currency policy. speaking of the problems the chinese are facing with the rising food prices, what sort of coverage did president hu get? is this getting huge press coverage in china, this one? >> reporter: yes, it certainly is, blanket coverage on state telev...