of his visit to the country. time now for our daily news review. let's have a look at what is making headlines around the world. south china morning post is leading on china supporting tougher sanctions on north korea, following pyongyang's nuclear test on sunday. analysts say beijing may support a partial ban on oil supplies. the new york times is featuring a picture from the puerto rican capital san juan, showing the incredible 185 mile per hour winds lashing the region, as hurricane irma churns toward florida. the eu bank battle is headlining the daily telegraph's business section, where frankfurt is sweeping aside rivals to become the dominant financial centre of of the eu, as paris falls behind in the quest for post—brexit spoils. keeping with business, the financial times is looking

at lengthy delays to saudi arabia's national transformation plan, which aim at overhauling the oil—dependent economy. advisors say these delays could create more confusion for investors. and finally in the japan times an ‘age—old' story, japanese tennis icon kimiko date opens up about her body forcing her to hang up her racket at a6, despite her ambitions to continue competing. talking through these stories is camellia. good morning. good morning. let's start with north korea and china and what it may or may not do. what does the south china morning post report?m may not do. what does the south china morning post report? it is reporting that china may, as you say, may agree in the un framework, within the un framework, formal

sanctions and it may give north korea partial oil sanctions. this is against the backdrop of... a hotheaded debate between the chinese and the americans. the americans and demanding, clearly, that we need to do something about north korea. and saying that china is not doing enough. china are doing well, yes, you have a point but and the but is that we cannot totally have a total embargo on north korea because then we have a failed state on our borders. this isjust a densely too populated region. just look at south korea. very densely populated. china, densely populated as is japan. it is too dangerous to have a failed state on their borders. donald trump is also starting to modulate a little bit. overnight we

saw him coming out and saying that war would be the last resort, it is no longerfire war would be the last resort, it is no longer fire and fury. does it feel like all sides are just stepping back from that heated rhetoric but trying to get some sort of diplomatic solution?” rhetoric but trying to get some sort of diplomatic solution? i think so. the only people who were heated words kim jong—un and donald the only people who were heated words kimjong—un and donald trump. i think the chinese and probably also the japanese and south koreans we re also the japanese and south koreans were able to bring some rationality in their. kim jong—un is were able to bring some rationality in their. kimjong—un is a were able to bring some rationality in their. kim jong—un is a young were able to bring some rationality in their. kimjong—un is a young man and a hothead so the rest of the people in the room have to be the grown—ups. people in the room have to be the grown-ups. were where does north korea get money from to fund their missile launchers? they exporter little bit. they have a bit of money. there is money overseas but the money overseas is not tycoons. it is state money that they have overseas. they export coal and so

on. and most of it to china. most a lot of it to china. they also trade with russia. for a few decades, for many decades, they played china against russia and did extremely well. the grandfather of the current leader was a master at that game. but nowadays, nowadays, the money is getting less and the question is whether they get technology from. then we probably have to look at pakistan or places like that. the new york times has this picture of hurricane irma hitting the puerto rican capital. as we were discussing in world business report about ten minutes ago, we were talking about the financial cost of these hurricanes and it is shaping up to be the most expensive season so far for the insurance companies. absolutely. we should also think of the human toll, all of these peoples. our hearts and minds need

to go out to them. but if irma really hit, if it really hit miami thatis really hit, if it really hit miami that is the super golf for the insurance industry. the oil industry hit in houston. it is the insurance industry, they reinsured. they will not be doing too well. so the people who ensure the insurers? exactly. they are the ones... they are the ones who expect those stocks to be heavily hit. out of interest, i wonder where you stand, i'm not asking for a detailed explanation as to how this fits into climate change, but is this the sort of frea ky change, but is this the sort of freaky that we see after hurricane harvey, this one and a couple of others brewing. is itjust one of those things that happens? others brewing. is itjust one of those things that happen57m others brewing. is itjust one of those things that happens? it could be. i would say could very well be

an indication of i'm a changed. i am not an an indication of i'm a changed. i am notan anti— an indication of i'm a changed. i am not an anti— climate change person, iam all not an anti— climate change person, i am all pro— climate change to her asa i am all pro— climate change to her as a scientific debate to be held by mines far greater than mine. scientific minds. not in the minds ofan scientific minds. not in the minds of an economist. but this could very well be and i think it is an indication that we should do something about climate change, just in case. this and the economy are also tightly linked, aren't they? we now get the economic arguments that maybe it would even get the us government, i doubted, maybe it would even get the us government, idoubted, but maybe it would even get the us government, i doubted, but it would be nice if got the us government to re—sign for paris. we have the business section here. frankfurt defeating paris. i have seen

frankfurt act and i am quite active inafew frankfurt act and i am quite active in a few things like istanbul finance summitand in a few things like istanbul finance summit and so on to another germany and turkey have a problem, they are not really represented there. but when you see frank to go out, it used to be corporate japan, japan incorporated. it is frankfurt. they love them out, they have a lobby group and their man, they have ministers, it is quite impressive. they have had a very concerted effort to gain the business. because paris was where everybody thought it would go, mentions of dublin and many were wondering who would want to go to frankfurt and we can. many were wondering who would want to go to frankfurt and we canm was pooh—poohed initially when brexit was happening. but they have worked so diligently at this. they have worked at this for the last two years, day and night. a concerted

effort we business worked with government working with lobby groups. very impressive. something that i know you are involved in, saudi arabia, the national plan has had to revamp its economy, putting the brakes on a little bit. why you fat? to do realise that some of its ideas were a little bit far? this national transformation plan is an integral part of what the core vision 2030, this country, 50% of its gdp and 85% are linked to oil. also to gain employment. oil does not create jobs. they have a lot of young people, a young population with unemployment from 11% to 9% is very ambitious. yes, it was... it was a stretch goal. and you have a real stretch goal you need to go back but i am with the crown prince.

if you want to get about him is like saudi arabia moving, you probably need to shop in a bid and give it a real stretch goal. you then need to go back but if you do not give them a stretch goal, nothing will ever happen. not a lot of time. i had no idea that commit code date was 46. she is an iconic tennis player who retired back in 1996 and returned in the 2000 and she said now that her body cannot do what her mind wishes her to do. it is impressive but it isa her to do. it is impressive but it is a tough thing when you're wire—rimmed sport to go now? your lifespan. your professional life spanis lifespan. your professional life span isjust lifespan. your professional life span is just so lifespan. your professional life span isjust so much lifespan. your professional life span is just so much shorter. that as it from us. would buy. we're keeping our eye on three hurricanes in the caribbean. hurricanejose hot on the heels of hurricane irma, not quite

as strong as irma, but still the potential for damaging winds for the northern leeward islands by the weekend. hurricane irma is battering turks and caicos, heading through cuba on friday, eventually florida by the weekend and hurricane katia in the gulf of mexico more a rain maker, with a lot of damaging wind. back home, it's somewhat quieter over here, but still an unsettled end to the week, thanks to this area of low pressure driving the weather. and there'll be strong winds at times particularly across southern coastal counties and the north—west of scotland and northern ireland as well. here, there'll be some showers from the word go. not quite so many showers here first thing tomorrow across the eastern side of scotland, maybe some sunshine coming through, but always a lot of cloud. and showers never too far away across northern england. there'll be some spells of sunshine coming through across northern parts of wales, but again there'll be some showers here through the day. and the showers already getting going across south—west england, and across southern coastal counties of england. they will start to become a little bit more frequent, and the rain more persistent. the showers merging, really, to give a longer spell of rain. so it's quite an unsettled feel to the end of the week.

for many northern parts of england, parts of scotland and northern ireland, it's a day, really, of sunshine and showers. but for wales, southern and central parts of england, those showers, as i mentioned, becoming more frequent, and merging together for a longer spell of rain. you could well even catch a rumble of thunder during the afternoon. so temperatures no great shakes, really, somewhere between 16 and 19 celsius for most. there'll be further heavy showers, longer spells of rain around tomorrow evening. slowly, we start to lose some of the energy, but there will be more showers around overnight, so nowhere reliably dry. but there should be some lengthier clear spells in between the showers. a slightly fresher night, lows of 11 or 12 celsius. but, for most, still in double figures. and it's still a fairly unsettled weekend. sunshine and showers i think should just about cover it for saturday. the emphasis more on dry weather and not quite as many showers. but again, nowhere reliably dry, and the temperatures still not much higher than 18 or 19 celsius. and we do it all again on sunday.

many places should get off to a reasonably dry start, but then we look to the north—west, something unsettled is happening here — strengthening winds, and spells of rain, light to very heavy, sweeping across the country. so for the weekend here, yes, wet at times, rather cool and quite windy as well. goodbye. hello, this is breakfast, with charlie stayt and naga munchetty. more than one million people have been hit by hurricane irma in the carribean. the british virgin islands are the latest to report major damage and deaths. the governor declares a state of emergency. all of us have been afflicted by hurricane irma, some more mothers. apart from the structural damage there have been reports of casualties and fatalities. it's predicted another 26 million people are at risk from the giant storm in the coming days. major tourism areas in cuba and florida are being evacuated. the uk government promises £32 million to help with the clean—up operation and deploys troops

and ships to the area.