have been killed in israeli soldiers have been killed in a track attack injerusalem. the driver of the vehicle were shot dead. the prime minister benjamin netanyahu dead. the prime minister benjamin neta nyahu believes the dead. the prime minister benjamin netanyahu believes the attacker was inspired by it islamic state. us defence secretary ash carter called the north korean missile testing a serious threat to the us and that america would be prepared to shoot down a missile. this video is trending online. it is footage caught off a huge school of wire which fell off a truck in the us state of pennsylvania and proceeded to roll down the wrong way at cross a motorway, causing havoc and forcing cars to swerve out of its way —— spool of wire. luckily no ca i’s way —— spool of wire. luckily no cars we re way —— spool of wire. luckily no cars were hit and no one was injured. you are up—to—date. stay with us here on bbc world news. and the top story for you in the uk, a 24—hour strike by london underground workers is under way, it is by

drivers and station staff aboutjob losses and ticket office closures. more from me but first hearing is sharanjit. chrysler more from me but first hearing is shara njit. chrysler fiat more from me but first hearing is sharanjit. chrysler fiat pours $1 billion into us factories and moved some production from mexico. and a decade since this little gadget changed the way we communicate, what is in store for the next ten years of the smartphone? hello, welcome to asia business report. another car maker makes a huge investment in the united states. fiat chrysler is investing $1 billion in america, including modifying a plant in michigan which will make pickup trucks manufactured in mexico. the

move comes as the president—elect donald trump pressures the auto industry to hire workers and produce vehicles north of the border. last week ford announced it was cancelling plans for a factory in mexico and will build the cars in the us. all of this comes as one of the us. all of this comes as one of the world's biggest auto shows‘ where the world‘s biggest auto shows‘ where car giant showcase their latest products. earlier i spoke with a spokesperson for the auto industry and his reaction to the fiat chrysler and mt. they have followed suit with what ford has done and some of the automakers we have heard from, so there seems to bea have heard from, so there seems to be a new awareness that if you are planning and had big ideas to roll out mexico —based production, maybe you are not going to do that now, you are not going to do that now, you will keep it in the us. it is startling given he is not even the president yet. is this becoming a long—term change or trained in car manufacturing? i think donald trump

will come into office and he will look for smart ways to keep jobs in america. at the same time you have to be careful for unintended consequences, always the bugaboo of government agencies. if you keep the jobs here and force up prices of ca rs jobs here and force up prices of cars and make them uncompetitive with cars coming from elsewhere, companies building the cars in a different way, you might end up hurting companies because they simply cannot make cars affordable for americans, then you will have companies laying people off not because cars companies laying people off not because ca rs are companies laying people off not because cars are built elsewhere but they cannot sell enough to employ people. economics is interesting. usually there is cause and effect. and you can‘t do one thing and assume an upside. there is almost a lwa ys assume an upside. there is almost always repercussion somewhere else. this show has taken on political overtones as the president—elect donald trump targets the car industry, so is it something a lot of people are talking about? yes, there is a buzz about the impact on

drum is having on the car industry and how much he has had before he has been officially sworn as president and there is definitely apprehension across the country as to how big an impact he will have on plans, whether it is building plants in mexico or redistributing where the cars are built and how they are shipped, there is a thinker little uncertainty that was unfair to months ago —— that wasn‘t there two months ago —— that wasn‘t there two months ago —— that wasn‘t there two months ago because they don‘t know what the man in charge is going to do. the shares in australian miners are down this morning on forecasts of lower iron ore prices. the government expects average iron ore prices for the next two years to drop nearly half. current spot prices of the commodity used in making steel are at about us $80 per ton and iron ore is australia‘s biggest commodity export. over in mexico, nearly 10,000 people

are taking to the streets in the western area to protest the country‘s gasoline price hike. they are enraged by a 20%jump in fuel prices which were announced as part of the government deregulation of the energy sector. ja ka rta the energy sector. jakarta is known for having some of the world‘s worst traffic and to reduce the number of motorbikes the government has made it three times more expensive to register a vehicle. it also wants to raise money for its infrastructure programme. jamal al—jamal is the first in his family to own a motorbike. translation: i borrowed money for the downpayment from a friend and then i paid it off slowly and finally it was mine. i never dared to dreami finally it was mine. i never dared to dream i would own a motorbike. it is like a dream come true. motorbikes can be bought here with a deposit of as little as $50 us and

then paid off in monthly instalments. nearly half a million motorbikes are sold in indonesia each year. in jakarta, motorbikes are sold in indonesia each year. injakarta, with very few public transport options, people turn to motorbikes to try and get around reasonably quickly. they can weave through the traffic but the government is hoping that by making it harder and more expensive for people to own a bike they will think twice about buying a bike and having to add their bike to this already chaotic and traffic jams to add their bike to this already chaotic and trafficjams streets. but for this motorbike driver, owning a bike isn‘t a choice and he is worried about how he is going to pay a 300% increase in this year‘s registration fees. translation: it is too much all at once. i don‘t earn very much. why didn‘t they make ita earn very much. why didn‘t they make it a slow increase? it is going to

be very hard. i am struggling at the moment to earn enough to feed my family, let alone pay registration. the government says it is going to use the money that it gets from the increase to pay for its infrastructure projects that include the building of a mass rapid transport network, an underground subway train network that this city has been talking about for decades but now the government says is finally building it and is this the long—term answer to the traffic was? —— woes? ten years ago today the first ever iphone was announced by this man, the then chief executive of apple, the late stevejobs, now of apple, the late stevejobs, now of course we know it took the world by storm and lots of other manufacturers such as south korea and samsung have joined manufacturers such as south korea and samsung havejoined the game manufacturers such as south korea and samsung have joined the game as well, but smart phones have changed alli lives dramatically, sojust well, but smart phones have changed alli lives dramatically, so just how obsessed are we? let‘s have a look.

—— changed our lives dramatically. no, i don‘t think it is possible right now to live without a smartphone. i mean, it is possible, but it just becomes smartphone. i mean, it is possible, but itjust becomes very difficult. right now everything is easy. but itjust becomes very difficult. right now everything is easylj but itjust becomes very difficult. right now everything is easy. i can do things without having to go outside, like booking my movie tickets, or even interacting with my friends, i don't have to make calls and everything because i cantjust send text messages. —— because i carl. send text messages. —— because i can. when i am not working usually i am always on my phone. 22 hours a

day. almost every minute. don't tell my boss. when you see people walking around, they are on their phone. they are reading their phone all the time. i don't think it is healthy. they are reading their phone all the time. i don't think it is healthylj am time. i don't think it is healthy.” am sure we can all identify with that. well, of course, those figures are from emarketeer, and i spoke with a spokesperson from the firm and asked where the exports for smart phone penetration come from. we are looking at indonesia and the philippines as countries that will grow significantly. the most significantly in 2017 in terms of smartphone adoption. we saw that taiwan and singapore, nearly 90% of the population have smart phones. will it ever get to 100%, and why not? well, i would say that it would not? well, i would say that it would not get to 100%, because if you look at the population, and we estimate smart usage among individuals of

all, the youngest demographic is where we wouldn‘t expect smartphone adoption to be happening, so that is why we wouldn‘t reach the 100% anytime soon. when you look at percentage mobile phone users, we will get close to that 100%, and taiwan will be one country that will come the closest, but we don‘t expect 100% anytime before 2020. aside from taiwan and singapore we know asia has a lot of developing markets. will the technological infrastructure ever get good enough to support more smartphones in this region? yes, i think it will, and if you look at the country like vietnam we see 36 is widely available and also ag lte we see 3g is widely available and also ag lte availability is improving, and we expect it to improve over the next few years, so when that infrastructure is in place it really encourages smartphone adoption, as well as wireless

becoming more affordable. when do you think 5g will be rolled out in these markets? i would say that is a longer term prospects. just because we have to get the infrastructure in place before uptake really will occur. let‘s have a quick look at the market before we go because japan‘s market before we go because japan‘s market is closed. australia continues to gain despite the fall in iron ore prices being projected, leading to a fall in miners. it is gaining as it follows the us. that is it for this edition of asia business report. thank you for watching. the top stories this hour. four israeli soldiers have been killed in a truck attack in eastjerusalem. the us defence secretary calls north korea‘s missile programme a threat and warns america is prepared to respond. credit card and personal loan debt is at record levels according to new analysis by the tuc. it says unsecured debt, that is money that‘s not borrowed against property, has reached

£13,000 per household. unions are warning a slowdown in wage growth and increasing inflation could make the debt more difficult to repay for many people this year. here‘s our business correspondent joe lynam. with the christmas sales winding down, our finances will soon come into focus. we appear to be taking on increasing amounts of unsecured debt, that includes student loans and overd rafts, but especially credit cards as well as personal loans. celinejordan ran up credit card debts and overdrafts of £23,000. herfinances are in order now, but she said getting credit was not a problem. £23,000, 12 and a half on this card, more on the other one. i can‘t tell you the figures. overdraft, then it ran out. i take 100% of the blame.

however, they made it too easy. way too easy. britain has a record total of £3a9 billion in unsecured debt. for the average household, the figure has doubled since 2000 to almost £13,000, which means we spent almost 28% of our disposable income, are earnings after tax, paying off these debts. that doesn‘t even include the mortgage. there is too much across the board because that is what people are dying and we did it about two thirds of the debt —— are paying and we did it about two thirds of the debt is from an increase in consumer credit. we think these figures are cause for concern and we think these are issues we need to be thinking about going into the worrying year for people when you‘re expecting to see another living standards squeeze. while some types of debt might be rising, the bank of england says mortgage arrears and loan defaults have been steadily declining. and the bank‘s andy haldane

of the regulator wasn‘t worried yet. although the household debt ratio is high by historical comparison, it has come down in a fairly sizeable away, but about 20 percentage points. what is more, interest rates are still very low. with interest rates set to remain low, regulators are worried that we may be taking on too many debts, which becomes an issue if the economy weakens in 2017. the singer songwriter peter sarstedt, best know for his 1969 hit where do you go to my lovely? has died. the song went to number one in 1a countries and won an ivor novello award. the 75—year—old had retired from performing in 2010 due to ill health. hello.

this is sport today, live from the bbc sport centre. coming up on this programme. fourth tier side plymouth force an fa cup replay against premier league giants liverpool some messi magic rescues a late point for barcelona against villarreal. and grigor dimitrov warms up for the australian open by winning the brisbane international. thanks forjoining us. there are 67 places and a gulf in riches between them but fourth tier side plymouth argyle have forced an fa cup third round replay against liverpool, following sunday‘s goalless draw at anfield.