00:00:00,001 --> 858993220:38:41,887 this 858993220:38:41,887 --> 1717986441:17:23,772 is 1717986441:17:23,772 --> 2576979661:56:05,658 the 2576979661:56:05,658 --> 3435972882:34:47,543 business 3435972882:34:47,543 --> 4294966103:13:29,430 briefing. i'm sally bundock. is europe heading for recession? on the region's flagging economy. plus, phone or tablet, or both? samsung unfolds its secret weapon in the smartphone wars. those election results. reaction to a midterm election since the early 1980s. and that optimism is carrying through into asia. less unpredictable.

forecasts in a few hours time. the region's economy could be heading for recession. 2%, the weakest rate in more than four years. italy is the weakest link. it's estimated to have seen no growth at all. try to stop a budget spending spree by its new populist government. and aluminium with steep import taxes. on the future trading relationship yet to

be agreed. this week. and also it is bringing down the economy. economy. and at the end of today it may slow down italy's economy even further. silvia d'angelo is senior economist at hermes investment. good morning. you are actually from italy, you are italian.

italy, you are italian. might say about how the eurozone is doing today. how bad will the newspeak? newspeak? releases to economic updates, one in may and november. may and november. since july the flow of economic data has contributed to the eurozone. has contributed to the eurozone. injuly, the european commission had forecasted 2. 1% for growth. because basically in july they already had to adjust. already had to adjust. trend in the eurozone has been going throughout 2018. throughout 2018. looking ahead, what is the biggest risk?

it's it italy? there are several threats for the eurozone both external and domestic. eurozone both external and domestic. slowdown we are seeing an in particulate in china. particulate in china. situation with trade tensions which mainly concerned the us and china. mainly concerned the us and china. direct effects are quite limited, they are marginal. they are marginal. channel and uncertainty is really dragging on in less than. dragging on in less than. situation, we have brexit and also the need for more integration. the need for more integration. international stage but dairy week in germany. in germany.

so what is your outlook for the eurozone? for the eurozone? how difficult will it get? it get? some are saying it could head back to recession? head back to recession? is early days to talk about recession. recession. a year on year basis, eurozone gdp is growing. is growing. and as that lifts we might see a bit of a bounce back in germany. of a bounce back in germany. ready, institutionally, for the next recession or a downturn. recession or a downturn. clearly more needs to be done on that front. that front. other day about italy in more detail. "the foundation of the smartphone of tomorrow".

3 inch tablet. into producton within months. cody godwin was there. and today they made it official. back in 2013 they were not entirely sure what it would look like. would it be something that folds or rolls?

today we have the answer. as a smartphone. they kept the lights quite low. that. on board now. as you would expect. of it, will like

it. what do you think? few of your comments because you sent in many. sent in many. can see our smartphones morphing into tvs. into tvs. develop and become a good product that we want to invest in. that we want to invest in. keep your views coming in. between the world's biggest economies. round of us import taxes came into effect. sharanjit leyl is looking at these for us in our singapore bureau. lovely to see you. what has china set about trade? —— said that. -- said that. trade war seems to what everyone has been worried at that you.

-- said. ships are racing to the us to beat the high tariffs rate. the high tariffs rate. efforts to try to cushion the economy may be starting to work. economy may be starting to work. saw exports rising over 15% last month, that was from previous year. month, that was from previous year. while growth in imports for october quickened to over 2%. quickened to over 2%. actually come off a record high, but still stands at a whopping $31. 7 billion.

billion. doubly thanks a lot, good to see you. -- thanks a lot. now let's brief you on some other business stories. pleading guilty to mini collecting american markets for years. american markets for years. supervisors at the firm knew of his action. that is trending right now. we have forbes taking a break from a stock may boost mental health. stock may boost mental health. facebook, people's mental health considerably improved. considerably improved. that is your business briefing. up next

— newsbriefing. unsafe cladding in the wake of the grenfell disaster. told they may have to pay for it to be changed. david rhodes has more. it is the nightmare that people living in at how a block of fear. living in at how a block of fear. february, a fire broke out in this leads high—rise. february, a fire broke out in this leads high-rise. leads high-rise. the cladding on the building is the same as the grenfell tower cladding. same as the grenfell tower cladding. so long to sort it out and you know, this is life—threatening. this is

life—threatening. been told they might have to pay for the cladding to be replaced. the cladding to be replaced. how i will raise that money but they are asking for it often. are asking for it often. about who will pay for the removal has been reached. has been reached. orders were told they needed to check for acm cladding. check for acm cladding. changed so that flat owners don't have to pay. have to pay. cladding and needs to be done quickly for reasons of safety. quickly for reasons of safety. this absolutely cannot fall on the shoulders of the leaseholders. shoulders of the leaseholders. residents should not be obliged to pay. pay. the freeholds, and in those buildings, the developers.

buildings, the developers. waiting to discover if they were to pickup the final bill. this is the briefing from bbc news. of the russia investigation. but her whereabouts are unknown. he becomes king. the results from the us elections.

what the us midterm results could mean for their country. president trump into a more hardline attitude over trade disputes. and the us. the seat, to put the homepage the articles. —— as you can see. to a record level of women, ethnic minorities and millennials. of those promoted.

conference given by president trump. with mr trump over a question about immigration. on re—election in 2020. on the midterms. to bring freedom and democracy to europe. forfuture generations. well, lawrence is back, as promised, lawrence gosling. lawrence gosling. let's get stuck in.

in. weigh up whether this is good news or bad news forjapan.