a retreat for the world central bankers that could affect interest rates. and how moving away from the big cities in india. welcome to asia business report. you have been watching special coverage is at donald trump, the former us president, turned himself in and had his mugshot taken in an atlanta child. this is his fourth indictment facing more than 90 charges but in the us state of georgia he is accused of interfering with an election result and was formally arrested on racketeering charges. he has now left

atalanta, as you can see, as his bail was set at 200,000 us dollars. a lot more on our website so check that out. another big story from the united states is a meeting of the world central bankers in jackson hole wyoming. later today the federal reserve chairman will be speaking and it will be closely watched as many of his peers have followed the fed's leads in raising interest rates. what are we expecting from jerome powell's speech? expecting from jerome powell's seech? ~ . ., , speech? what the fed does, the world typically — speech? what the fed does, the world typically follows. - speech? what the fed does, the world typically follows. what - world typically follows. what we are expecting, some analysts say it may be more nuance and investors may be disappointed, those investors hoping to hear if this may be the end of these tight interest rate policies we have seen over the last 12 months that have successfully brought down inflation to just about 3% from 9%. many had been

hoping he may signal this is the end of this policy, particularly optimistic investors may have been hoping interest rates may have been coming down from their levels now, they at the highest levels we have seen into many investors may be disappointed and it may be a nuanced speech given, perhaps signalling the fact that when it does happen, inflation will hit the lowest economic level so mr powell keeping his options open. these features can be market movers and because they happen in august, they can particularly impact the market.— impact the market. jerome powell known _ impact the market. jerome powell known for _ impact the market. jerome powell known for his - impact the market. jerome i powell known for his nuanced speed. this meeting comes at a time when we are seeing a lot of economic data pointing to a rather sharp slowdown in china's economic growth. the world also trying to rely less on chinese growth? it is

world also trying to rely less on chinese growth?- on chinese growth? it is the delicate balancing _ on chinese growth? it is the delicate balancing act - on chinese growth? it is the delicate balancing act mr . delicate balancing act mr powell is facing. 0n the one hand he has the us and on the other hand the second largest economy. the issue for example that china is now facing stagnated inflation, record unemployment, declining trade, lower exports and imports and the government having to raise interest rates twice in the last couple of weeks in china. challenges facing the world's second—largest economy. and as governments around the world tried to bring production and manufacturing either back at home or tried to diversify the supply change will impact the conversation. 0ne supply change will impact the conversation. one of the themes is about the future of the globalised economy and what it means when it comes to demographics, productivity and globalisation and it comes as well as we are hearing the brits inviting other countries,

the likes of saudi arabia, iran and argentina and the brics with its expansion as we see more growing economies grouping together and all these factors playing on the mind of central bankers in wyoming.— playing on the mind of central bankers in wyoming. let's stay in the us because _ bankers in wyoming. let's stay in the us because timor - bankers in wyoming. let's stay in the us because timor has i in the us because timor has said it is plain to lay off 5000 employees, about 7% of the workforce. in an e—mail to employers, shed in a regulatory filing, the company chief executive said that cut will come in the next five weeks and workers across the country is but those working in corporate and office roles are expected to bear the brunt of the layoffs. —— t—mobile. shares have closed down 2% on thursday. now, india is known to have produced some of the

big bosses of us tech giants and it has plenty of tech talent but opportunities for work is often concentrated on just a few open clusters and that has led to millions of people migrating to big cities over the last three decades. 0ne company, a software unicorn, has been trying to change that by building offices in the remotest quarters of the country. we visited one in india's southern tea. this lush rural landscape is not where a tech person would find work. but this man did. he works 48 $5 billion technology enterprise that has brought skilled tech jobs close to his hamlet. living here means he can follow his other big passion while doing his dayjob as a busy techie, cultivating a

small forest. translation: working here allows me to leave now my parents. the weather is much nicer and i am close to nature. i can do things like creating this forest.- nature. i can do things like creating this forest. india has some of the _ creating this forest. india has some of the most _ creating this forest. india has some of the most crowded i creating this forest. india has i some of the most crowded cities in the world. offers —goers spend hours on their commute to work every day. that office —goers. but this man believes you do not need to be in the big city to build world—class software. these employees live close to that familial roots and build products that compete with silicon valley giants like google, and microsoft. it started about a decade ago with just six employees. this started about a decade ago with just six employees.— just six employees. this now houses 750 _ just six employees. this now houses 750 techies. - just six employees. this now houses 750 techies. it - just six employees. this now houses 750 techies. it is - just six employees. this now houses 750 techies. it is an i houses 750 techies. it is an initiative that hopes to address a number of our problems. the congesting the big cities, halting rural brain

drain and provide work for villages and small towns. the local economy is booming after the company set up shop. 70% of the company set up shop. 70% of the business for some restaurants come from the officers. it wants to create many other offices around. it is the biggest value. we always have had numbers in single digits, orwas have had numbers in single digits, or was less than ten. great for companies but what about employees? you great for companies but what about employees?— about employees? you will robabl about employees? you will probably end _ about employees? you will probably end up _ about employees? you will probably end up having - about employees? you will probably end up having a l about employees? you will - probably end up having a better quality of life but that comes at a price. there are many push factors towards urban areas, for one it is more opportunity, the ability to network, higher pay so that ends up pushing us

moving out of villages into big cities. �* ., . , cities. but one in ten indians who moved _ cities. but one in ten indians who moved to _ cities. but one in ten indians who moved to the _ cities. but one in ten indians who moved to the village - cities. but one in ten indians . who moved to the village during the pandemic have not returned to the city. rural officers will only enable more to make that choice. it has been a year and a half since russia's invasion of ukraine and back then all eyes were on the surging prices of energy. governments around the bobber considering how they could protect people from massive bills, especially in the winter but now the boss of one of your�*s biggest clean energy companies has told us that the situation this year is a lot better than last year. last ear better than last year. last year was a _ better than last year. last year was a very _ better than last year. last year was a very turbulent | better than last year. last year was a very turbulent one so after the attack of russia on ukraine and the destruction in the gas supplies, energy prices spiked up, the market

was in huge turbulence. now is much calmer so prices are at a lower level than last year. if nothing else happens and today's market prices prevail, then energy cost will be lower but i will say that the markets are very fragile so we can see that with a little bit of news from somewhere in the world for elegy supplies or the likes, the market will react very quickly and prices canjump very quickly. —— energy supplies. we have seen this, a little bit of disruption in transmission line availability, nuclear availability and so on, prices canjump up nuclear availability and so on, prices can jump up massively up to several hundred euros by megawatt power. has to several hundred euros by megawatt power. to several hundred euros by meaawatt ower. ., megawatt power. has europe done enou:h megawatt power. has europe done enou . h to megawatt power. has europe done enough to keep — megawatt power. has europe done enough to keep the _ megawatt power. has europe done enough to keep the lights - megawatt power. has europe done enough to keep the lights on - enough to keep the lights on this winter?— this winter? europe has certainly _ this winter? europe has certainly done - this winter? europe has certainly done a - this winter? europe has certainly done a lot - this winter? europe has certainly done a lot so l this winter? europe has - certainly done a lot so looking back i am a little bit positive

that europe was to do as much as it did, to convert from reliance from these two importing lng and if you look at the gas storage levels in europe, actually they are already over 90%, so from the gas supply point of view, things look quite robust from this coming winter. but again, even with these storage levels, a little bit of bad news from any direction, immediately impacts the costs of gas prices. impacts the costs of gas rices. ., .., impacts the costs of gas rices. ., . prices. you can catch the full interview _ prices. you can catch the full interview this _ prices. you can catch the full interview this weekend - prices. you can catch the fullj interview this weekend here. that is it for this edition of the programme. we will be back on monday. thank you so much for watching and have a wonderful weekend.

bbc news, wringing you different stories from across the uk. ~ ., , different stories from across the uk. . . , , ., , the uk. we all see the beauty ofthe the uk. we all see the beauty of the natural _ the uk. we all see the beauty of the natural world _ the uk. we all see the beauty of the natural world but - of the natural world but sometimes it takes a unique eye to appreciate its hidden potential. leaf cutting and various found in the nearby edge plus a vision and determination can create something truly wonderful. mr; something truly wonderful. my name is winston and i am a land artist _ name is winston and i am a land artist. whereas another artist might— artist. whereas another artist might use paint and a brush, use — might use paint and a brush, use natural materials. in a nutshell, _ use natural materials. in a nutshell, i pick something up and move _ nutshell, i pick something up and move it from one place to anoihen — and move it from one place to another. so today, did not know what _ another. so today, did not know what i _ another. so today, did not know what i was — another. so today, did not know what i was going to make adult but i _ what i was going to make adult but i picked up some of these from — but i picked up some of these from an— but i picked up some of these from an old chestnut tree where we are _ from an old chestnut tree where we are under now. i wasjust looking — we are under now. i wasjust looking at— we are under now. i wasjust looking at this and the more closely— looking at this and the more closely along, just thought they— closely along, just thought they were amazing colours, quite — they were amazing colours, quite a _ they were amazing colours, quite a simple design but will take — quite a simple design but will take a —

quite a simple design but will take a little bit of application to make it look nice — application to make it look nice. , . ., ~ .~ nice. his artwork could take anywhere — nice. his artwork could take anywhere from _ nice. his artwork could take anywhere from five - nice. his artwork could take anywhere from five minutes nice. his artwork could take i anywhere from five minutes to five hours and although a simple gusts of wind can destroy them, it is the impact on passers—by that makes this labour of love so worth it. the fact it is ephemeral, - fact it is ephemeral, transient, not permanent, i think therein lies the beauty of it. hey, this is the catch up. but impotent breaks his silence. nikkei selling shirts and we go to the zoo. if you have received your results today, we hope it has gone wealthier. the number of students awarded the highest growth has followed but remained slightly higher than pre— pandemic levels. i remained slightly higher than pre- pandemic levels. i thought i was a pre- pandemic levels. i thought i was a bit _ pre- pandemic levels. i thought i was a bit shaky _ pre- pandemic levels. i thought i was a bit shaky but _ pre- pandemic levels. i thought i was a bit shaky but now - i was a bit shaky but now

looking at the results i am happy with them. definitely not as aood happy with them. definitely not as good as _ happy with them. definitely not as good as i _ happy with them. definitely not as good as i wanted _ happy with them. definitely not as good as i wanted to. - happy with them. definitely notj as good as i wanted to. russian president vladimir _ as good as i wanted to. russian president vladimir putin - as good as i wanted to. russian president vladimir putin has - president vladimir putin has commented publicly for the first time on the presumed death of wagner leader describing him as a talented man making some mistakes. yevgeny prigozhin was registered as a passenger on a plane which crushed near moscow on wednesday. english football fans will be able buy now to merriest goalkeeper showed after a limited number will go on face. they faced criticism for not making replica shirts. my for not making replica shirts. my 150,000 people signed a petition to sell the jersey. —— mary earps. and reading festival preparations. and now to bogus, today's national burger day, the closest thing resembling a burger was first

made in the first century in rome. at a time now for ten seconds of weighing day at london zoo. look at the penguins plotting onto the scales and it adorable monkeys as well. they do this as part of their annual checkup to make sure all the animals are healthy. you are all caught now. see you later. hello. i am

mark edwards. here is what we have got coming up on the show. striking gold — picking up a world title in the 400 metres hurdles. there will be no world cup for anthony watson with injury adding to troubled preparations. and manchester city their third signing of the summer. hello and thanks for joining us. we start at the world athletics championships in budapest where