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producer of them both. from next month, exporting these metals will require a licence, as michelle fleury explains. welcome to world business report, i m ben thompson. us treasury secretary janet yellen is headed to beijing and hers is the second trip by a cabinet official to china since ties between the world s two top economies deteriorated earlier this year. her goal is to steady the relationship, but she s got her work cut out for her. ahead of her visit, beijing said it was imposing export controls on two rare metals essential for making semiconductors. the measures are seen as a tit for tat response after the us, the netherlands and japan recently restricted chip exports to china. some say the move is aimed at giving china more leverage in future trade discussions. gallium and germanium, the two metals in question, will be subject to export controls starting august 1st. in a statement, china s ministry of commerce said it was to protect national security interest ....
at the post office after the chairman of the organisation stood down yesterday. henry staunton left the role following the fall out from the horizon it scandal. but there s confusion over whether it was by mutual consent as reported by the government, or whether he was asked to leave, as the post office says. our political correspondent iain watson has the latest. it has been thrown out enough, that is it, i am free. it has been thrown out enough, that is it. i am free- is it, i am free. dismantled resisted is it, i am free. dismantled resisted his is it, i am free. dismantled resisted his 2006 - is it, i am free. dismantled| resisted his 2006 conviction is it, i am free. dismantled - resisted his 2006 conviction for embezzlement had been overturned, but many more former sub postmasters are waiting for their names to be cleared. the government is rushing registration through parliament to do so and now changing some of those at the top of the organisation. this w ....
Prompting new retaliation from u. S. Forces and new fears that the violence could spread. Lets bring in Aaron Gillcrist whos covering todays diplomatic meetings in washington at the white house and Nbcs Jay Gray whos in tel aviv. Jay, starting with you. What is the latest on the ground in israel and gaza as we talk about last hour the war Cabinet Meeting last night and what may have come from that. Day 81 of the war and as intense the u. N. Says it has been since the start and as deadly. They are saying the intensity of the battles on the ground as well as the air strikes has ramped up over the last 48 hours. We know that the attacks have been targeting from the air control and command centers according to the idf. They have been working also to identify and target some of the senior hamas leaders saying that one of the ....
rahel solomon in for christine romans. a stormy and hot independence eve day eve, is in store for millions of people across the country. severe storms are expected to spread from mississippi to massachusetts, with wind gusts, hail and tornadoes possible in some areas. the streets of chicago flooded on sunday after record rainfall. meantime, more than 30 million people across the west coast, mid-atlantic and the carolinas will be under heat alerts today. and the severe weather could also mean another frustrating day at airports. nearly 7500 flights were delayed, more than 600 were cancelled across the u.s. on sunday. and since saturday, there have been almost 1,000 cancellations. so, a lot to get to, let s bring in right now, cnn meteorologist allison chinchar. allison, good morning. what areas are you watching specifically? good morning, rahel. two separate areas of western. the first one kind of slides up and down most of the east coast and a secondary position for t ....
it s five in new york city and this is the five. from hibernation to high-energy team biden is once again trying to reassure americans that are sleepy commander-in-chief has the stamina to be the most powerful person on the planet. president biden emerging in allentown pennsylvania today after taking it easy with no public appearances since monday. according toce a report by nbc part of the white house planc, make joe look more useful and ramp up more informal remarks unannounced stops at diners and appearances and ansocial media posts and podcasts budget that backfired today. the president looking totally lost as he shuffled around various businesses. the white house is also rolling out a doctor. jill biden is trying to convince americans that joe is the energizer bunny. i think what people don t see is how hard it joe t works every single day. he gets up thinking what he can do for the american people and he does thatop. his job doesn t and we have dinner together a ....