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a family run fragrance firm has won a king s award for enterprise after growing exports 500%. we ll speak to the boss. could an easing of tensions between the world s economic superpowers be on the way? in a major speech in washington on thursday, us treasury secretary janet yellen has called for a constructive and fair relationship with china, saying a decoupling of their economies would be disastrous for both sides. secretary yellen also said she plans to visit china for talks. us china relations are in their worst state in decades with the biden administraton enforcing a strict export ban on advanced technology to china, which accuses washington of trying to stifle its modernisation. from new york, our correspondent samira hussain reports. it has been five years since the united states imposed tariffs on billions of dollars of goods coming in from china. they not only have trade relations but diplomatic relations but diplomatic relations between the two countries ....
we re beginning with chaos in the skies during what may be the busiest weekend so far this year for air travel. according to the flight tracking website flight aware more than 900 flights were canceled on sunday alone across the u.s. since friday there have been more than 3,000 flight cancellations. so the airlines are blaming weather problems and ongoing staff shortages, in particular a shortage of pilots, so can travelers expect more of this as we enter the peak summer travel season? cnn s aviation correspondent pete muntean is live at reagan national airport. a lot of unhappy travelers this morning, pete. reporter: no doubt, john. in fact, a lot of people probably still trying to get home even today after traveling this weekend. these new numbers are huge, but the cause of this really is not. we were reporting over and over again that airlines got a lot smaller over the pandemic and that has led to these massive flight crew shortages. the deck of cards really com ....
we will bring you more from our correspondent outside a hospital in a moment. a leading think tank, the institute for fiscal studies, has accused the main political parties of a conspiracy of silence over the economic reality behind plans set out in their election manifestos. the ifs analysed how the policies could impact the public finances and what that could mean for household incomes, public services and taxation. in its scathing assessment it said the parties were ducking the issues, by relying on faster growth to deliver more tax, which it said was far from guaranteed. it also warned the next government faced having to find new ways to raise taxes, or leave some public services exposed to billions of pounds worth of cuts. this a flavour of what the director of the ifs, pauljohnson, had to say. low growth, high debt, high interest payments mean we need to do something quite rare over the next few years just to stop debt spiralling ever upwards we need to run ....