collision in baltimore. authorities say they are suspending search operations and that the six missing people are presumed dead. and a windfall for former us president donald trump — find out why later on the programme. hello and welcome to asia business report. i'm steve lai. we begin with the collapse of a major bridge in the us city of baltimore after a container ship crashed into it. authorities have just said they've suspended search operations and six missing people are presumed dead. baltimore port — one of the east coast's busiest ports — is closed and us carmakers general motors and ford have said they will have to re—route some shipments. tinglong dai is a professor from thejohns hopkins

carey business school. he gave us a he gave us a sense he gave us a sense of the impact stop the port of baltimore is the largest automobile import and export port and will have a huge impact on the industry. could ou impact on the industry. could you elaborate _ impact on the industry. could you elaborate on _ impact on the industry. could i you elaborate on ramifications? what knock—on effects? to start with, the container ship is already here and stuck and they cannot get it out. you can't get anything on, you have to regrout other ports. the impact differs depending on different manufacturers. bmw for example has not been affected because it is on the ocean side of the port. bmw and volkswagen. gm and ford are deeply impacted because they rely on the port for exporting the vehicles, so never have to regrout to other ports on the eastern coast. besides cars, will shipments of other goods also be affected? they could, but impact will be

lesser because the port of baltimore is a highly specialised port, mainly used for handling automobiles and trucks and agricultural machinery. you could literally look at impacts elsewhere but much less. look at impacts elsewhere but much 1m— much less. but we look for in the days _ much less. but we look for in the days ahead _ much less. but we look for in the days ahead as _ much less. but we look for in the days ahead as the - the days ahead as the operations as we've heard, be such operations are over, the port will still be inoperable for the time being, won't it? it is not operable. it will be “p it is not operable. it will be up and running and some tuntable is, unloading the drugs, still processing —— terminals. but they have certainly closed. and they are no longer allowed to have vessels in out of the port. in the coming days we have to look at how to repair and recover. we will have the latest on the situation in baltimore in the hours ahead and you can find

the latest news analyst on the bbc news website and mobile app. staying with the us — shares of trump media & technology, the parent company of truth social, have soared on their first trading day on the nasdaq. the windfall makes the former president one of the richest people in the world. the bbc�*s michelle fleury has more from new york. donald trump just became a lot wealthier, at least on paper. she has any parent company of truth social are closed under $58, up i6% on its first day of trading as a public company. at one stage it was up more than 50%. because mr trump is the majority owner, has taken the company is worth around $4.5 billion which makes the former president one of the richest 500 people in the world according to bloomberg. with his newfound wealth mr trump could sell some of his stock to help pay for is mounting legal bills as he faces both civil and criminal proceedings. but he will have to wait. he is barred from selling his shares

for six months. it's not clear whether stock will trade when that agreement expires. truth social, found that after the former president was kicked off major social media platforms following 6 january major social media platforms following 6january capitol riot has said it expects to continue losing money for a while. many of the shareholders are small—time investors trying to show their support for mr trump as well as trying to cash in on the frenzy surrounding the stock. visa and masterca rd visa and mastercard have a new $30 billion settlement to limit credit and debit card fees the merchant good and nearly two decades of litigation over the fees charged every time a credit or debit card is used in a store or restaurant. the anti—trust settlement announced on tuesday as one of the largest in us history. merchants have long accused the visa and mastercard of charging inflated swipe thesejohn mcphee or interchange fees when shoppers use credit or debit cards. let's turn our focus to an economy we don't often talk about — mongolia.

the country, which shares china's northern border, has always relied on mining to drive economic growth. the industry accounts for about a quarter of mongolia's gdp. gantumur tuvdendor is mongolia's deputy minister of economy and development. he says the government is keen to diversify into sectors like renewable energy. we to diversify into sectors like renewable energy.- renewable energy. we are successful _ renewable energy. we are successful economic - renewable energy. we are i successful economic activity renewable energy. we are - successful economic activity is expected to pick up and we expected to pick up and we expect stable growth in the government of mongolia is more focusing on diversifying the economy. i focusing on diversifying the economy-— focusing on diversifying the economy. focusing on diversifying the econom . , . ., economy. i understand that has been a deal _ economy. i understand that has been a deal with _ economy. i understand that has been a deal with us _ economy. i understand that has been a deal with us miners - economy. i understand that has been a deal with us miners lastj been a deal with us miners last year, something you will look to put into place? we

year, something you will look to put into place?— to put into place? we keep current economic - to put into place? we keep current economic codes, i to put into place? we keep| current economic codes, so to put into place? we keep. current economic codes, so i mongolia, we aim to become a crucial market, especially on critical minerals. we have a huge deposit, to remark big deposits in mongolia, one in the western part of mongolia and the other is in the central part of mongolia. the company for dealing with the us government, us investors to signing an mou on the critical minerals deposit. figs signing an mou on the critical minerals deposit.— signing an mou on the critical minerals deposit. as many as 32 million uk _ minerals deposit. as many as 32 million uk passport _ minerals deposit. as many as 32 million uk passport is _ minerals deposit. as many as 32 million uk passport is our- million uk passport is our being asked to check that passport expiry is or be refused across the european

union. this was a people are turning up with passports which not need brexit export criteria. marc ashdown reports. it a moment we dream up after the planning, packing and saying goodbye to work for a few weeks, time to check in for the well earned holiday. for some people, this is as far as they could. paramedic nathan barnes was on its way to france with his fiancee to visit family. despite checking and online, they are making their way through like a shrub, security and passport control but at the boarding gate they were in a surprise. i but at the boarding gate they were in a surprise.— were in a surprise. i had ten ears were in a surprise. i had ten years plus — were in a surprise. i had ten years plus extra _ were in a surprise. i had ten years plus extra on - were in a surprise. i had ten years plus extra on the - years plus extra on the passport. years plus extra on the immort— years plus extra on the --assort. ., passport. he fell relevant ten-year-old, _ passport. he fell relevant ten-year-old, his - passport. he fell relevant. ten-year-old, his passport ten—year—old, his passport issued ten years before the date the traveller so he would be refused entry to any eu country. be refused entry to any eu count . be refused entry to any eu country-— be refused entry to any eu count . . ., country. there were a and said ou're country. there were a and said you're not _ country. there were a and said you're not coming _ country. there were a and said you're not coming on. - country. there were a and said you're not coming on. that - you're not coming on. that moment — you're not coming on. that moment they _ you're not coming on. that moment they told - you're not coming on. that moment they told you - you're not coming on. that. moment they told you could you're not coming on. that moment they told you could not board, how did you feel? gutted. we were surprised more

than anything. we checked online and thought it was fine and then to be told at the gate. and then to be told at the ate. , ., and then to be told at the ate. h, gate. the rules on passport chance gate. the rules on passport change when _ gate. the rules on passport change when the _ gate. the rules on passport change when the uk - gate. the rules on passport change when the uk left i gate. the rules on passport| change when the uk left the gate. the rules on passport - change when the uk left the eu. to add any country in the schengen free travel area which includes iceland, norway and switzerland, not ireland, uk passport now has to meet certain criteria. firstly, it has to be valid for at least three months from the planned date of return to the uk. it also cannot have been issued more than ten years prior to one entering the eu. the rule is catching holiday—makers out because prior to september 2018 the uk passport office would add up to nine existing months from an old passport under the new one. this problem could use to catch people out on what's important is that you check your passport b and expiry date when you are booking your holiday, not one checking in and certainly not when travelling to the airport. that's why people are continually finding that passport is out of date and

often then too expensive and company to save the holiday. i was one of them. a few weeks ago that of jetting was one of them. a few weeks ago that ofjetting off with my family on holiday i was turned away right here at check—in gate because my password had been issued more than ten years before. even though i've been able to check it online and had able to check it online and had a boarding pass. i get semi— responses typically from people... simon calder has urged allies to find a better way of prompting people way before they get to the airport. i reckon there is easily a couple of hundred people a day who are turned away from the flight, so across the year you could easily find that there are over 100,000 people who lose their holidays as a result of these rules. i have written to the airlines, i keep saying to the airlines, i keep saying to them, please, can you do more, but if someone is checking out a month ahead? airlines uk told us there is no guarantee potentially invalid passport details would be picked up in advance and that

allies provide reminders and links which is up to passengers to check. the home office also said it provides up—to—date information on requirements on its website which is under constant review. if you're dreaming of a getaway to some domiciliary climates, decal your passport and check your date well before trying to travel. marc ashdown, bbc news. recapping out of story, the port of baltimore, one of the busiest along the us east coast remains close for the indefinite future. this is after a container ship crashed into a major bridge in the city and use of images of it on the screen behind. authorities have said they are spending such operations and six missing people are now presumed dead. we'll keep a close eye on the story in the hours ahead and get something you can find out more details of the bbc .com website and the mobile app. meantime, goodbye for now.

iam i am julia with the catch up. tonight, pies and climate change. ligo lineups and an ostrich on the loose. a major bridge in the us city of baltimore has completely collapsed after a container ship crashed into it. one person is in hospital and six people are still missing. they declared a state of emergency. brendan scott is the matter and had this message for the city. this is an unthinkable tragedy. we have to first and foremost prey for all of those who are impacted. prey for all of those who are impacted-— prey for all of those who are imacted. �* . ., impacted. anne hathaway has o-ened impacted. anne hathaway has opened up _ impacted. anne hathaway has opened up about _ impacted. anne hathaway has opened up about having - impacted. anne hathaway has opened up about having a - opened up about having a miscarriage in 2015 while she was playing a pregnant woman.

speaking to vanity fair, she said she had to give birth on stage every night. she also said she is not ashamed to discuss her fertility issues. 0ther discuss her fertility issues. other stories now. climate change is putting a great british staple, the plan. the plan is often used in brewing beer cord hops, suffering and hollow conditions. but scientists are working with the brewing industry to help save it. lego has told a police department in california to stop using their toy heads in the pictures on social media. it willie green river thames to comply with state law that says agencies need to hide it and it is of non—violent crime suspects. we leave you with ten seconds of a runaway ostrich. anyone playing i spy with my little eye would have had an unusual game on this road in south korea. but the ostrich is now safely back of a nature park that came from. that's it.

you're all caught up now. have a good night. hello and welcome to sportsday. i am governor sean and here is what coming up. whales miss out on your qualification dramatic penalty shootout loss to poland. leah williamson back to the lioness, the held to the us trophy returns for the beginning of their title defence. four months out from a likely that 0lympics, but one month from her first child, schubert and the writers' diary about a fella.

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