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coming out of a very weak covid year, that is weak. gdp is much lower at 3.6%. china is really entering a structural slowdown. old growth drivers of property completely gone. a massive drag on the economy. now shifting to a new growth model, something leaning more into exports, evs. evs. .. also covid lockdowns lasted much longer evs. .. also covid lockdowns lasted much longer than evs. .. also covid lockdowns lasted much longer than other evs. .. also covid lockdowns lasted much longer than other parts - evs. .. also covid lockdowns lasted much longer than other parts of. evs. .. also covid lockdowns lasted | much longer than other parts of the world and we are in a situation now where there is deflation in china. i wonder, in this mix, one of the other things we have been reporting todayis other things we have been reporting today is that the chinese population is in decline. it felt last year for the second year in a row. does not play a role in these figures, ....
me save you some breath. if you re going to ask about this, i am not addressing [inaudible] i know you do. more than i d like you to have. i am not going to address this issue from this podium. i m just not going to do it. [inaudible conversations] thanks, guys. have a great weekend. maria: oh, yeah, no response from the white house to the damning message from hunter biden to the to a chinese executive demanding he keep his, quote, commitment or face retaliation from the big guy. then-vice president joe e biden. and, quote, everybody he knows. coming up, chairman jim jordan on why fbi never followed up on the potential corruption in plain sight. oversight committee members byron donalds and south carolina congresswoman nancy mace on what comes next in their investigation of the biden family influence peddling. all of this as communist china ramps up aggression with plans for a military training and spy center in cuba, 100 # miles away from the florida coast, amids ....
businessman and adventurer hey mish harden along with a pakistani father and son as well as others. brooke singman has the latest on the operationally. brooke, what do you know? brooke: hey guys that s right. a rescue mission is underway for the titanic tourist submersible that went mittsing in the atlantic ocean. the submersible similar to this opened by ocean gate expeditions was taking a crew of five people 12,000 feet under water as part of the tour of the 19 12 titanic ship wreck. the tour costs 250z thousand dollars per person. so far reported french navy veteran and crew member paul harvey is on board along with ceo and founder and his teen-age son. the family releasing a statement saying saying quote we are grateful for the concern being shown our colleagues and friends and would like to request everyone to pray for their safety. it s also believed uk billionaire hhammish harding is on the visit including his stepson tweeting my step dad hammish is on board th ....
as inflation cools. from new york, our north america business correspondent michelle fleury sent this report. the december notes from the us central banks last meeting showed policymakers are feeling better about inflation. they agreed with investors that interest rates are at or near the peak for this cycle. they also agree it will come down this year. but they offered no clues as to how or when that will happen. to remind viewers, the federal reserve started raising rates in march 2022 to tame inflation. it did so 11 times, taking the benchmark rate to 5.5%. inflation, by the time of the last meeting, had dropped to 3.2% from a peak of 9.1%. meanwhile, new data out on wednesday showed the number ofjob openings in the united states fell to 8.79 million in november. this points to weaker demand for labour but is still well above pre covid levels. that is consistent with the fed s goal. to slow the economy without triggering a nasty recession. the feds first rate setting ....
fleury sent this report. the december notes from the us central bank s last meeting showed policymakers are feeling better about inflation. they agreed with investors that interest rates are at or near the peak for this cycle. they also agree it will come down this year. but they offered no clues as to how or when that will happen. to remind viewers, the federal reserve started raising rates in march 2022 to tame inflation. it did so 11 times, taking the benchmark rate to 5.5%. inflation, by the time of the last meeting, had dropped to 3.2% from a peak of 9.1%. meanwhile, new data out on wednesday showed the number ofjob openings in the united states fell to 8.79 million in november. this points to weaker demand for labour but is still well above pre covid levels. that is consistent with the fed s goal. to slow the economy without triggering a nasty recession. the feds first rate setting meeting this year starting january 30. investors are holding their breath is benefi ....