world's largest economy. demolition company enters the fast lane to disrupt the wear used cars are sold in southeast asia. hello and welcome to asia business report with me, i ruined a marc hirschi. given the us with the federal government avoided a partial shutdown. the house and that have agreed on a spending bill 45 days. pitman to give politicians more time to agreement ideal to find the government through 30 september until next year. republican house bico kevin mccarthy submitted the legislation in defiance of hardliners in his own party to say they will derail the process. president joe biden had urged all members of congress to do what it takes to avoid a government shutdown. folks, the truth is we should not be here in the first place, we shouldn't have gotten her in the first place. it's time to and governing by crisis and keep your word when you give it

and the congress. a few months ago after a long negotiation between myself and republican speaker, of the house of representatives, we came to agree on a budget agreement precisely to avoid a manufacturing crisis that we just witnessed. for the last few days and weeks of extreme republicans tried to walk away from that deal, voting for deep drastic spending cuts from 30— 80% that would have been devastating for millions of americans. they felt again and we stopped. but i'm under no illusions that they will be backing it. illusions that they will be backing it— illusions that they will be backin: it. ,. ., ., ~ backing it. eschol parkl spoke with an analyst _ backing it. eschol parkl spoke with an analyst to _ backing it. eschol parkl spoke with an analyst to ask- backing it. eschol parkl spoke with an analyst to ask how - with an analyst to ask how global markets will react to the latest development out of washington. indie the latest development out of washington-— the latest development out of washington. we have 45 days, it's kicking _ washington. we have 45 days, it's kicking the _ washington. we have 45 days, it's kicking the can _ washington. we have 45 days, it's kicking the can down - washington. we have 45 days, it's kicking the can down the i it's kicking the can down the road. ifeel that it's kicking the can down the road. i feel that will be relatively positive but as far as market sentiment over the next trading week and certainly the next couple of weeks. so

overall, it's a short—term reprieve and we will have to see where it is in 45 days. ratings agencies are shutdown will hurt us credit rating. what message really is descending to foreign governments? it descending to foreign governments?- descending to foreign governments? descending to foreign covernments? , , governments? it puts the level of fear and _ governments? it puts the level of fear and i — governments? it puts the level of fear and i think _ governments? it puts the level of fear and i think every - of fear and i think every government needs to be conscious of. if that's the case, that would be negative market sentiment and that in turn can create sell—off pressures and how it interpreted from not only retail but certainly from sovereign wealth and from governments globally. haifa sovereign wealth and from governments globally. how would ou sa in governments globally. how would you say in terms _ governments globally. how would you say in terms of— governments globally. how would you say in terms of the _ governments globally. how would you say in terms of the us - you say in terms of the us economy is doing in terms of a comparison with other economies, say, europe or even china which we know is fly again? how is the us economy being viewed by investors? it’s being viewed by investors? it's been very _ being viewed by investors? it�*s been very strong in the first eight months of the year. september gave up a bit of hot steam and overall employment is strong, consumer confidence has relatively strong and the fourth quarter will be

interesting with earnings are naturally relative to christmas, so at the moment i saying it's relatively bullish but we have to see where that runs. ., , , but we have to see where that runs. ., , ., ., ., runs. today is international coffee day- _ runs. today is international coffee day. rather- runs. today is international coffee day. rather when i runs. today is international| coffee day. rather when we drink around 1.6 billion cups a day. the industry is worth $500 billion globally and yet the majority of coffee farmers are still living in poverty. worldwide over 125 million people depend on coffee for their livelihood despite the recent rise in global coffee prices farmers are continuing to struggle with inflation with rapidly rising production costs as well as crop failures due to all the effects of climate change. the bbc�*s sally bundock spoke to global ceo of fur trade international to ask what challenges coffee farmers are experiencing right now. sustainable production of coffee is very expensive. specifically because the input costs of coffee on the ground which comes from coffee ales, fertility of the crops at all

those particular dynamics. the challenge right now is that with the volatility of prices the price to copy to consumers is not putting in the cost of production, cost of living, cost of health requirements and cost of health requirements and cost of health requirements and cost of education. coffee growers in current everyday basis. we specifically got addressing minimum prices for coffee, addressing premium over the sales of coffee and living income reference prices they consider the cost of living and how the last price will actually take into consideration the cost of living of producers when selling their product. important all consumers of fair trade products take into consideration that they have to be part of the shared responsibility of encouraging sustainable production on the ground. from a consumer, from russia by customer, it's important that it's part and parcel of building responsible practices once sourcing product and buying them. it's based on

that we have direct extensive consultation on the ground understand what needs to be addressed to improve sustainable sourcing for coffee and improve the livelihoods, decent livelihoods for families. there was a common agreement to set a new minimum price that acts as a safety net to producers themselves, safetynet especially in this place on earth price volatility and cost, skyrocketing cost of production across the board. another special interview, the used car market in southeast asia has been transformed over the past four years with a surge of people using online platforms. 0ne leading regional players is a company established first and later in the year 2015 but it's better to countries like indonesia, thailand and singapore. asia business correspondence nick marsh sat with the chief executive erica chand asked what really be driving this kind of expansion. indie what really be driving this kind of expansion. we are startin: kind of expansion. we are starting to _ kind of expansion. we are starting to see _ kind of expansion. we are starting to see people - kind of expansion. we are i starting to see people spend

less time to make a decision to buy a car. given it is getting more confident in information they get online. a lot of consumer behaviour is not to change and especially on our platform. we see about 30% of people buy cars online without seeing the car before they purchase. seeing the car before they purchase-— seeing the car before they purchase. seeing the car before they urchase. ., , , ., purchase. your consumers and who is using — purchase. your consumers and who is using your— purchase. your consumers and who is using your platform? i who is using your platform? two—thirds of household income in southeast asia are middle—class. markets in malaysia, and thailand, the first thing when you get your first thing when you get your firstjob and paycheck is you want a car. it represents not just the suitability, so same time it is also twofold to run their business, do theirjob and essentially with that rising middle class, the potential for us to bring rising middle class, the potentialfor us to bring up more car ownership, so we continue to expand the business in this market. i continue to expand the business in this market.— in this market. i want to talk electric vehicles _ in this market. i want to talk electric vehicles because - in this market. i want to talk electric vehicles because the last few years we have seen enormous amount of investment

in southeast asia. how will that affect your business? at that affect your business? at this that affect your business? git thisjuncture anyone that affect your business? git this juncture anyone would love an ev so even details are doing well but what's likely in southeast asia is the supply change. if you want to change your battery it'll cost you a lot of money. there are a lot of minor issues that is it a p°p�*up of minor issues that is it a pop—up when it comes to maintenance. these are the things we are also learning at the same time along with the ev principles. ev is still properly going to come and in a much more bigger volume over the next two years.— the next two years. about the future of the _ the next two years. about the future of the car _ the next two years. about the future of the car more - future of the car more generally? we'll know about the concerns of net—zero, of places in europe, city is moving towards a car free future. that must be a concern for you. is that something you are adapting to? ~ . �* , that something you are adapting to? , . ., to? what's the situation here in southeast _ to? what's the situation here in southeast asia? _ to? what's the situation here in southeast asia? whether i in southeast asia? whether southeast asia would move to a car free environment, southeast asia would move to a carfree environment, it's going to be taking at least

more than ten years to do so, given public transport, infrastructure is not as ready. in many other markets including cities we operate, it almost impossible for you to travel without a car. fundamentally, that's how southeast asia or asia in general works, that you require a carand asia in general works, that you require a car and it's not something that sometimes can be solved with. it's more convenient if you had a car that it you can travel.- that it you can travel. nick marsh speaking _ that it you can travel. nick marsh speaking to - that it you can travel. nick marsh speaking to eric - that it you can travel. nick marsh speaking to eric chang. in other news in the headlines we're tracking, apple says it'll address concerns its latest smartphone model runs warmer than expected. the tech giants as the device may feel warmer for the first few days after setting it up because of increased background activity. they say the iphone 15 pro and primax don't cause a safety risk and will not impact the phone's long—term performance.

china's knew home prices have risen slightly in september after experiencing a four—month decline. 0fficials report prices rose by 0.05 on average during the month. developers are working quickly to get new properties on the market. confidence in the property sector which accounts for one quarter of economic activity has been hit since 2021 when beijing's crackdown on debt accumulation by developers. also take you through what we are expecting news lies through the week. there are a couple of sensual meetings which will be under way as well as key data are due from japan and the us. let's go do everything we will attract through the week starting with japan. monday morning the bank ofjapan is due to release its latest business sentiment survey among large manufacturers. economists expect to see an improvement for the second straight quarter. 0n for the second straight quarter. on tuesday the reserve bank of australia will hold its monthly meeting to decide on the cost of borrowing. this is

the cost of borrowing. this is the first meeting with the rba governor michelle bullock who came into the role in the middle of september. finally, rounding off the week we will look at india were committee will decide on its interest rates on friday and the consensus is that the rbi will keep the rates on hold. as we do, the first friday of the month will get the jobs market update from the world's biggest economy also for the month of september. that's it on this edition of asia business report. stay on with bbc news and thanks for watching. voice-over: bbc, bringing you different stories _ voice-over: bbc, bringing you different stories from _ voice-over: bbc, bringing you different stories from across - different stories from across the uk. �* ., ., , different stories from across the uk. �* ., g ., the uk. and what has changed since rod _ the uk. and what has changed since rod leary _ the uk. and what has changed since rod leary started - the uk. and what has changed since rod leary started his - since rod leary started his apprenticeship. 1963. harold

was the prime minister and the beatles had only released left debut album.— debut album. getting the life back on is — debut album. getting the life back on is what _ debut album. getting the life back on is what it's _ debut album. getting the life back on is what it's about. i back on is what it's about. putting lights back on. we rely on it nowadays. p5 putting lights back on. we rely on it nowadays.— on it nowadays. ps 75 now and has been _ on it nowadays. ps 75 now and has been working _ on it nowadays. ps 75 now and has been working on _ on it nowadays. ps 75 now and has been working on the - has been working on the overhead power lines across kent and sussex for 60 years. t kent and sussex for 60 years. i thought i'd be long gone by now. i thought the grim reaper would have come calling by now. but there we are, i'm still here. , . , g, here. he is incredible i do think he _ here. he is incredible i do think he is _ here. he is incredible i do think he is still— here. he is incredible i do think he is still doing - here. he is incredible i do think he is still doing the | here. he is incredible i do i think he is still doing the job he does. _ think he is still doing the job he does, we have not seen anybody— he does, we have not seen anybody else older and still going — anybody else older and still going like he does. still youngsters in check. the bi . . est youngsters in check. the biggest moments - youngsters in check. the biggest moments of i youngsters in check. the: biggest moments of his career was the great storm in 1987. it took almost three weeks to completely restore the power. devastating for the network. it put the lines down, polls snapped off, transformers on the ground, it was a majorjob to get it all rebuilt. it’s to get it all rebuilt. it's clear nothing _ to get it all rebuilt. it's clear nothing will - to get it all rebuilt. it's clear nothing will stop him

anytime soon. i clear nothing will stop him anytime soon.— clear nothing will stop him anytime soon. i have no plans for retirement _ anytime soon. i have no plans for retirement at _ anytime soon. i have no plans for retirement at the - anytime soon. i have no plans| for retirement at the moment, so i'll keep plodding on. voice-over:— so i'll keep plodding on. voice-over: ., ., , voice-over: for more stories from across — voice-over: for more stories from across the _ voice-over: for more stories from across the uk, _ voice-over: for more stories from across the uk, head - voice-over: for more stories from across the uk, head to i voice-over: for more stories. from across the uk, head to the bbc news website.

voice-over: bbc news, - bringing you different stories from across the uk. it all began when his admin job in leicester was under threat and he turned to online journalism, launching bellingcat, exposing fake news, largely to the embarrassment of russia. that is made up and we know that... it's smartphones which have changed everything. combined with tools on the internet, everyone can be a recorder of news and also tell the difference between real and fake. mass amounts of information that we really didn't have 20 years ago, and that's allowed us to do investigations on things like chemical weapons attacks in syria, the shooting down of aircraft in ukraine and now, the current conflict in ukraine. we are able to take an image like this, which is from the day before the air strike and following on the next day, see the damage from the air strike as it's happening. it's absolutely crucial

to have voices like his who are actually a bit more optimistic in what can seem quite a doom—laden area of study. really, what he's doing, it's coming good on the potential that the internet initially promised. education is the key in the fight against misinformation. and we see people using the internet at younger and younger ages and if we aren't engaging with them, showing them how to have a positive impact on the discourse, then it's just going to lead them down some pretty nasty rabbit holes. voic-over: for more stories from across the uk, head i to the bbc news website. hello and welcome to sportsday. i'm karthi gnanasegaram. these are the headlines. a rollercoaster of emotions on the final day as europe

regain the ryder cup in rome. clinging onto the hope of a quarterfinal place, australia beat portugal, but could still get knocked out of the rugby world cup at the group stage. record crowds and a win for defending champions chelsea on the opening day of the women's super league. hello and welcome along to the programme. where we'll start in italy where europe have won the ryder cup beating the usa, despite the american team ensuring some final day drama in the singles. the winning moment fell to tommy fleetwood, as europe claim a seventh straight ryder cup at home winning this one by 16.5—11.5. andy swiss reports from rome.

well, the final scoreline here was certainly