China's exports slow amid surging costs brought on by Iran war
China's exports grew only 2.5% in March from a year earlier, a significantly slowdown caused by the war in Iran. The closure of the Strait of Hormuz has pushed up the cost of materials, and many Chinese factories saw their profits squeezed last month. Also in this edition: hundreds of Hollywood stars have come out in opposition to the acquisition of Warner Brothers Discovery by Paramount. Plus, the man accused of throwing a Molotov cocktail at the home of OpenAI's CEO is facing attempted murder charges.
China's exports grew only 2.5% in March from a year earlier, a significantly slowdown caused by the war in Iran. The closure of the Strait of Hormuz has pushed up the cost of materials, and many Chinese factories saw their profits squeezed last month. Also in this edition: hundreds of Hollywood stars have come out in opposition to the acquisition of Warner Brothers Discovery by Paramount. Plus, the man accused of throwing a Molotov cocktail at the home of OpenAI's CEO is facing attempted murder charges.
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