the uk and us unveil a sweeping new economic partnership but what about the much awaited post—brexit trade deal? plus, how extreme weather conditions could soon mean you have to pay a lot more for that morning cup of coffee. hi there, welcome to asia business report with me, mariko oi. our top story for you this morning, british prime minister rishi sunak and us presidentjoe biden have announced what they called a new partnership between the uk and us to boost economic security. the agreement is called the atlantic declaration and it covers a wide range of areas including artificial intelligence, green funding and civil nuclear power. michelle fleury has the latest. michelle fleury has the latest from new york. gone was the mention of an all—encompassing trade deal promised in

the wake of brexiter. in its place, a commitment to co—operate on defence, trade, a deal on data protection and ways to regulate new ai technology. the uk prime minister hailed this approach as a better response to the challenges the two countries face. the economic relationship between our two countries has never been stronger. the trade is worth hundreds of billions of pounds, dollars, a year. over a million of our citizens in each other�*s countries work in each other�*s companies. in each other�*s countries. and that trade is growing as something like 20% last year. as part of the atlantic declaration, president biden pledged to give uk exporters access to critical minerals needed for electric car batteries. similar to an agreement the us made with japan. there is no reason why great britain will not play a major role in not only critical material but in investing in united states of america and all of our initiatives relating

to the need for critical materials, including battery technology and a whole range of things. this is significant. it should help limit the impact of the inflation reduction act introduced byjoe biden to promote green technology in the united states and which stops countries without a us trade deal from accessing the lowest tax credits and subsidies. so no overarching trade dealt but a new partnership focused on economic security to check the rising influence of china and russia. michelle fleury reporting. a cybercrime gang thought to be based in russia has claimed that it is behind the hacking of payroll data affecting companies around the world including the bbc, boots and british airways. the group is called clop and it is threatening to publish the stolen information if the victims do not e—mail them by the 14th ofjune. josh kennedy—white is an expert in cyber technology with division x global and he explains why this is not your typical

cyber attack. so it is a file transfer software used by hundreds of companies, including the bbc, to encrypt files. as we know the russian speaking ransomware group clop claimed responsibility for the theft. it doesn't mean they have done it but microsoft has attributed data theft in similar operations. it appears what clop have done is deploy a zero day vulnerability to carry out this attack. within a supplier to move it. the uk hr payroll provider called zellis. and this is very interesting and we are seeing much more of these sort of attacks so zero days are undiscovered flaws and applications and operating systems. once discovered they usually fixed during regular updates. the sort of updates you get on your phone. zero days are expensive and they are sophisticated ways to carry out an attack and that might give us a clue as to who might have carried it out. they are often used by state—sponsored hikers or organised criminal gangs, sometimes working together. what is interesting about this scenario is it is intriguing, the hackers have released a broken english statement

telling victims they have seven days to contact the group and negotiate payment before their data is posted online. now, most scenarios i have seen, the attackers approach the victims first rather than waiting to be contacted by the victim. i suspect this is because the group has ingested so much data that it is difficult even for them to know which company...to identify the victims in the company. it is not like the movies where we see a hacker go in, critical files are all neatly labelled in a folder marked "sensitive customer data" and all the attacker has to do is download a huge volume of data, sort through it, and work out what they have stolen. so i think it could be weeks or months before the victims discover that their data is compromised and i'm not sure how this affects the hackers seven—day imposed deadline for the victims to come forward. josh kennedy—white speaking to me earlier. general motors willjoin ford in adopting tesla's charging plug standard in north america. this means gm electric car owners can now access tesla's huge network and crucially three of the top ev sellers in the market have now agreed on a standard for charging hardware. the news lifted both tesla

and gm shares by more than 3% in extended trading. let's stay with the auto sector because the boss of carmaker volvo has told the bbc that demand for his company's cars remains pretty strong despite the challenging economic climate. jim rowan was speaking as he launched the company's new and the smallest suv in milan. the bbcjonathanjoseph asked him if that is a sign that customers no longer want big vehicles volvo was traditionally associated with forced. ——was traditionally associated with. you know, ithink people need choice. i think customers expect choice. i think they expect choice — with the ex30 we given that choice, notjust in of the size of the car. so we have the ex30 which is full electric, exao which is full electric, the c40 which is full electric. we have announced the ex90 which will be out next year, that is going to be full electric. so even in the electric range we are really starting to widen the choice for our customers. and of course, you get all the benefits of volvo in terms of safety,

sustainability, range, comfort and quality. i want to talk you about inflation and pricing. you've priced this vehicle quite competitively — about $38,500 is the starting point. it compares well with rivals like tesla who have been cutting prices recently to attract more demand. do you think you will be able to stick to that price point or is that going to have to rise because of the cost of raw material? we look at the demand we have for the product. across the globe it has remained incredibly strong and we see that everywhere. do not see any high order cancellations, no slow down, it is really healthy. at this particular point, we do not see the need to dramtically cut our prices. having said that, europe and china are your two biggest markets and both of them have got their own economic struggles and cars are not exactly a small purchase. are you worried the ongoing economic uncertainty will dampen sales because

people do not want to commit to such an expensive item? we keep a close eye on economies, geopolitics, raw material costs, logistics costs and at this particular point, demand for the product stays high across a range, especially on new technology products. like plug—in hybrids and fully electrical vehicles. here's something you may not expect but your morning cup of coffee may soon cost a lot more and that is because of the el nino weather pattern. extreme weather conditions will impact the production of coffee in both vietnam and indonesia and it is not just coffee. the un food and agriculture 0rganisation have told us what other crops can be impacted. el nino is expected at a high probability later this year and coffee is a sensitive crop

that would be damaged and it would have repercussions on prices but i think el nino is hitting the region and globally at a very sensitive time. the countries are likely to be impacted are australia and southeast asia, mostly philippines and also cambodia but the most critical crop that is likely to be impacted is rice. rice is the singular most important for security commodity in the region and prices of rice have been going up recently as a result of the global financial and economic crisis. so i think this will add to the situation already critical. at least for some countries. now to india where the government has increased the guaranteed prices that farmers get for crops sown on during the rains but as the bbc says, indian farmers are still not happy. this essentially is the minimum support price which is

the guaranteed amount of money that a farmer is assured by the government for his produce. the government in a cabinet meeting has decided to increase the price given to farmers by nearly $2 as compared to last year. paddy is the primary crops on in the monsoon in india and the sewing has already begun. apart from that, minimum support prices have also been hiked for pulses by nearly $10, the highest among crops sawn in the season. but many farmers organizations are not satisfied. they say the rise in prices does not match the input costs put in by farmers. farmers say the government has not taken into account the rise in irrigation and fertiliser costs that have also severely affected farmers. the government however disagreed with the farmers saying this is actually to be beneficial for them because it is also coming

at a time when inflation is on the decline. the government also reiterated the intention was to try to figure out and assure some form of reasonable fair remuneration to the farmer and also encourage crop diversification. before we go, let's show you how markets are doing. we just wejust had china releasing we just had china releasing the latest inflation data for the month of month and from the previous year it is up by zero points are the biggest month down by zero 20% so economists have been wanting china could be almost in a deflation stage, which means the economy is not recovering as quickly as many had hoped. japan's negate is doing quite well and also wall street doing really well. the snp could actually be back in the balls. that is it for the show, thank you so much for watching. bbc news — bringing you different stories|

from across the uk. seren has had a tic since she was a child, but wasn't officially diagnosed with tourette�*s syndrome until a few years ago. having to come to terms with it being permanent was difficult, but it's changed her life. my mental health was so much better, like, i was actually enjoying things. i think trying to hide itjust takes all of the enjoyment out of everything and just meant that i wasn't really living, i was just sort of surviving. tourette�*s is a neurological condition, which means it's in the brain and it makes us make involuntary movements and sounds. i started up my social media channels, and now i get so many messages from people saying that i've helped them in lots of different ways. it's just a massive confidence boost. seren is now part of a campaign by the tourette�*s action charity to dispel myths over the condition. to raise money for the charity, seren is running 5k every day throughout tourette�*s awareness month. as she's also lost her sight, she's helped on the runs by guide runner kim.

i spend an hour with seren and ijust think she'sjust amazing. tourette�*s awareness month runs until the middle ofjune, with seren being part of the team to end the myths and stereotypes around the condition that affects around 300,000 people throughout the uk. for more stories . from across the uk, head to the bbc news website. hi, i'm ellis with the catch up. tonight — hip—hop�*s anniversary, hot weather warnings and cancer care delays. but first, celebrations are taking place at east london tonight after west ham won the europa conference league — theirfirst major trophy in 43 years. there's an open—top bus going from a former park ground to a reception at stratford town hall. think i'm dreaming, ijust can't believe west ham have won something! ijust can't believe this! west ham are the best club in the world —

i'm saying it, west ham are the best club in the world! some other stories now. four toddlers have been stabbed in a park in the southeast of france. police overpowered and investigated the attacker. at least two of the toddlers are in a critical condition, though. the nhs can't provide effective care for cancer patients because of staff shortages, radiologists say. half of cancer units are now reporting frequent delays for radiotherapy and chemo. the government says it's drawing up a 15—year plan for how to deal with these shortages. as we prepare for more hot weather here in the uk, lifeboat crews are warning about the dangers of taking inflatables out to sea. this comes after three people drifted away from the coast on a giant duck in devon on tuesday night. they all paddled back to shore safely, though — quackers. time now to leave you with ten seconds of hip—hop — don't worry, i'm not going to start rapping! but a festival celebrating 50

years since the birth of the genre is well underway in birmingham. you're all caught up, bye for now.