China expected to buy 6,810 planes, oil glut here to stay
China’s economy strengthened as factory output and retail sales perked up, plus Beijing to spend $1 trillion on 6,810 aircraft, making China the first trillion dollar aviation market, reports Ameera David. Bianca Facchinei on the IEA cutting global oil demand forecasts due to “wobbling” Asian demand. RT’s Anya Parampil on the $125 million payout for the Wells Fargo exec connected to a massive scheme to create fraudulent customer accounts. James Henry, author of ‘The Blood Bankers’, talks about the Apple–Ireland tax scandal. In the Big Deal, Edward Harrison discusses massive market underperformance by hedge funds.
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