jake paul. hello, i'm karin giannone. we start in the peruvian capital, lima, where china's president xi has told delegates at a major asia—pacific economic summit that china will be an increasingly open country, at a time where he said some were, closing in and pulling towards unilateralism. the comments seemed to mark how china will seek to position itself once donald trump takes office as us president in january. mr trump said he would set tariffs as high as 60% on chinese—made goods. let speak about corresponding is in washington. big concern is in washington. big concern is notjust about beijing but for the entire world on what the prospect of a trade war might be given what to donald trump has already said about tariffs. i

trump has already said about tariffs. . ., , tariffs. i mean, donald trump made great — tariffs. i mean, donald trump made great play _ tariffs. i mean, donald trump made great play during - tariffs. i mean, donald trump made great play during his i made great play during his election campaign on this idea of imposing tariffs of up to 60% on chinese goods as a way of defending american manufacturing. the risk of such a strategy is what you end up with is a sort of tit—for—tat trade war so china imposing tariffs on american goods and that slows down international trade and the bigger concern on a more global level is how widespread do those tariffs get? are they imposed on european goods to the eu, are they imposed on uk goods and does that spark some sort of global trade war and what could be implications for that beta the global economy, really? the international monetary fund, part of the united nations, has warned that if you have a global trade tariff or of that sort of scale, that could cause the economy to shrink globally by up the economy to shrink globally by up to about 7% which is the size of the german and french

economies combined. president biden, as economies combined. president biden. as we — economies combined. president biden, as we said, _ economies combined. president biden, as we said, meeting - biden, as we said, meeting china's president a little later. how much does this meeting me now, given that president biden is on his way out? i president biden is on his way out? ., ~' , ., out? i mean, ithink if you have a meeting _ out? i mean, ithink if you have a meeting of - out? i mean, ithink if you have a meeting of the - out? i mean, i think if you i have a meeting of the world's have a meeting of the worlds to biggest economic superpowers, both of which are military superpowers, i think thatis military superpowers, i think that is significant. and the united states has been briefing out that they are going to raise their concerns with the chinese over issues such as human trafficking, chinese hacking, threats against taiwan but i think what you have also seen as the chinese sort of metaphorically already looking overjoe biden�*s shoulder at the incoming trump administration and what that might mean. the president is not constrained by things like term limits so he is securing his position whereas forjoe biden this is really the start of a swansong and you can see from the comments there about protectionism and so one from

president that they seem to be telegraphed towards donald trump and the incoming administration and what they may be planning to do. find administration and what they may be planning to do. and one ofthe may be planning to do. and one of the members _ may be planning to do. and one of the members of _ may be planning to do. and one of the members of that - may be planning to do. and one| of the members of that incoming administration is likely to be appointed, if he is approved, america's top diplomat, secretary of state. he america's top diplomat, secretary of state. he wrote an 0 - -ed secretary of state. he wrote an op-ed piece — secretary of state. he wrote an op-ed piece for— secretary of state. he wrote an op-ed piece for the _ secretary of state. he wrote an j op-ed piece for the washington op—ed piece for the washington post where he called china one of the most significant adverse series that america could face. so i think you are going to see a sort of quite a hard line taken by the trump administration towards the chinese. to be fair to the biden administration, they've taken quite a hard line on certain issues but they've tried to combine that with the level of diplomacy in areas where they can as well. i think the concern now is how disruptive will it be having that new administration can then where they have made it clear from a then where they have made it clearfrom a number of then where they have made it clear from a number of the appointments that they are trying... and the chinese are reading the tea leaves to try

to see where they will stand with the new incoming trump administration.— administration. thanks very much. thanks very much. let's turn to azerbaijan and the un climate talks, cop29. hundreds of activists formed a chain in the space outside the venue in the azeri capital baku, on what is traditionally the biggest protest day of the two—week talks. joined by protests around the world, demonstrators hummed and snapped their fingers, to demand rich nations allocate more money to fight climate change. protesters complained about not being allowed to chant or make speeches and instead having to resort to humming. it is really challenging and painful that we can't really express ourselves with our voices. we are doing it with our bodies, we do it with her throat. we do through the solidarity and the means we are given.

the un's climate chief has urged g20 leaders to agree a deal to raise money for developing nations. ahead of ministers arriving next week, diplomats are struggling to find common ground on a deal that might be worth hundreds of billions of dollars to poorer nations— many in the global south. this comes after argentina snubbed the talks earlier this week, raising alarm that presidentjavier milei, an ally of us president—elect donald trump, could be looking at pulling out of the paris accord. further pressure on cop's future came from an open letter, with some leading climate experts saying the summit is "no longer fit for purpose" and in need of an urgent overhaul. signatories to the letter include former un secretary—general ban ki—moon and a former un climate chief. let's speak to sandrine dixson—decleve in brussels. she is the global ambassador of the club of rome and executive chair of earth—li—all, an intiative that's made up of economic thinkers and scientists that explore new economic thinking and test the model outcomes.

please just tell us why this letter, you feel, was important?— letter, you feel, was important? letter, you feel, was imortant? ., , important? the letter was extremely _ important? the letter was extremely important - important? the letter was extremely important but l important? the letter was | extremely important but it important? the letter was i extremely important but it is also building on two years of talking about the type of reforms that we need with regard to the cup. we've seen that the clocks have actually turned into trade shows, have enabled, actually, a series of fossil energy interest groups to participate including this year where it is said that about 1700 of fossil energy companies have been allowed to come to the cop and an additional 132 executives from companies are given badges by the azerbaijan presidency so what we wanted to do is to highlight to the parties of the convention but also to the un that it was time to think through how can we actually reach the necessary ambition that we need to deal with the climate change that we are seeing bites now on our doorstep?— seeing bites now on our doorstep? seeing bites now on our doorste - ? �* ., .,

doorstep? i'm wondering how lona this doorstep? i'm wondering how long this has _ doorstep? i'm wondering how long this has been _ doorstep? i'm wondering how long this has been brewing, l doorstep? i'm wondering how long this has been brewing, if you like? was back at the final straw with the president standing up before all the world leaders there and the un secretary—general who just about speak saying that oil and gas were gifts from god? yes. about speak saying that oil and gas were gifts from god? yes, i think that _ gas were gifts from god? yes, i think that the _ gas were gifts from god? yes, i think that the contradictions - think that the contradictions between the need to facilitate through a presidency, a cop process that enables us this time to have both a climate finance deal but also to build on the pledge from last year of transitioning out of fossil energy. and then to have not only a presidency that has been doing deals in fossil energy the week before and on top of it, then opening up the cop, as you say, but this quite flabbergasted declaration so we did feel, as leaders who have been working in this area, that we wanted to do a few things. the first is to reiterate our conviction that cop is

absolutely fundamental. but the un process and multilateral negotiations must be strengthened. this is another call to scrap their cop —— this is not a call to scrap the cop. it is called to make sure that it is stronger, more robust and we work to put in place the right types of processes own criteria to enable future presidency to take our commitment seriously. so reform of an existing _ commitment seriously. so reform of an existing formula, _ commitment seriously. so reform of an existing formula, because i of an existing formula, because i wondered, by attacking cop, didn't you risk putting ourselves in the same camp as the climate sceptics?— ourselves in the same camp as the climate sceptics? well that is why are _ the climate sceptics? well that is why are we _ the climate sceptics? well that is why are we really _ the climate sceptics? well that is why are we really wanted - the climate sceptics? well that is why are we really wanted to | is why are we really wanted to reiterate that this is not an attack on cop. this is an attack on cop. this is an attack on cop. this is an attack on the fact that the process have gone a bit out of whack, let say. and no longer truly follows the need to come up truly follows the need to come up with ambition. the paris agreement was very clear. we've had a series of commitments both from non—state actors and state actors which have enabled

us to come to a point where we need to ensure now that we move towards action and implementation. and this is all the more important when we see the more important when we see the climate shocks. we just seen it in valencia recently. we can see growing harrow canes and temperature shifts. desertification in so many parts of the world. we've surpassed 1.5 degrees several times this year and we also know, increasingly, that at 1.5 and also going up to three degrees, we can lose up to 3% to 10% of gdp so the cost of inaction is becoming very clear to all of us. inaction is becoming very clear to all of us— to all of us. thank you very much for — to all of us. thank you very much forjoining _ to all of us. thank you very much forjoining us - to all of us. thank you very much forjoining us from i much forjoining us from brussels. much for “oining us from brussels.— much for “oining us from | brussels._ lets much for “oining us from - brussels._ lets take brussels. thank you. lets take ou to brussels. thank you. lets take you to tel— brussels. thank you. lets take you to tel aviv. _

these are people calling for an end to the war and the return of the hostages, so many of whom are still in captivity. these demonstrations has been attracting thousands of israelis on the streets of tel aviv, saturday night after saturday night, and they have not diminished because there are still so many hostages in captivity. also calling on the netanyahu government to do far more to bring them back home. medics say at least ten palestinians have been killed in an israeli strike on a school sheltering displaced families in gaza city. at least 20 others have been injured at the un—run abu assi school in the shati refugee camp. many are thought to be still trapped under the rubble. israel has not yet commented on the incident. here in the uk, hundreds of angry farmers have protested outside the welsh labour party conference.

they're furious with the uk government's decision to impose a 20% inheritance tax on farm estates worth more than a million pounds. that's around one—and—a—quarter million dollars. but the prime minister says he will defend the government's budget announcements "all day long". here's damian grammaticas. 0n the north wales coast, the rumblings of rural protest. could this swell into a real political problem for the government? the morale, the mental health, you know, everything is at an all time low. and what do they do? they kick us again. galvanised by the budget and the government's decision to levy inheritance tax on farms, they descended here from across wales and as far away as yorkshire today. this government has made the one decision which is destroying the morale, the mental wellbeing and the economic viability of farms. we don't work for ourselves, we work to produce food for others, for an asset which will be passed on. and in the end, the alternative is the fragmentation

of the farms bought by large companies. honking. farms have long been exempt from inheritance tax. the government says only the very biggest will now pay, only at a rate that's still lower than for other property, and only a maximum of a few hundred will be affected every year. applause. addressing the welsh labour conference, the prime minister did not mention inheritance tax, but did say he believes his tax raising budget is the right one for the country. i will defend our decisionsj in the budget all day long. the consequence, he said, is that the welsh government will get more funding than ever. i will defend facing i up to the harsh light of fiscal reality. i will defend the tough - decisions that were necessary to stabilise our economy, i and i will defend protecting the payslips of working people,

fixing the foundations - of our economy and investing in the future of britain - and the future of wales. out of 32 welsh parliamentary seats at the election, labour won 27. but critical voices are getting louder and seeds of protest being planted by farmers who say their ability to pass their businesses to future generations is under threat. damian grammaticas, bbc news. a mass stabbing at a college campus in eastern china has left eight people dead and 17 others have been hurt. police said a 21—year—old man who'd studied at the wuxi technical college was arrested. they said he admitted carrying out the stabbings because the institute had refused to issue his diploma. he was also said to be unhappy with poor pay and long hours as an intern. tropical storm sara has brought severe flooding to the central

american country of honduras. the intense rainfall has also caused landslides, in parts of the country, more than 1000 hondurans have been forced to seek refuge in shelters. the us national hurricane center forecast between 15 and 25 inches, 38—63 cm of rain in northern honduras over the next few days, with up to 35 inches striking isolated areas. with me is our reporter mimi swaby. this sounds terrible. just tell us more about these weather conditions.— conditions. since late on thursday _ conditions. since late on thursday night _ conditions. since late on thursday night this - conditions. since late on i thursday night this tropical storm sara has been causing widespread flooding in northern honduras. the government has declared a day of emergency as us national hurricane center is warning of life threatening and potentially catastrophic flash flooding and landslides, mudslides in particular. the president has advised and urged residents to avoid these at best areas. these are low lying areas, areas near riverbeds. and more rain is expected over the coming days, up to one metre in some areas alongside really strong winds and really

high waves. to me waves in some parts of the coastline. so really significant damage. we've seen people waiting through waist high water, clutching belongings, pets in some cases, trying to get to safer, higher ground. bud some cases, trying to get to safer, higher ground. and many --eole safer, higher ground. and many peeple still— safer, higher ground. and many people still looking _ safer, higher ground. and many people still looking for - people still looking for safety. as you said, this is going to go on for sunshine, according to forecasters. it is. this is a 1535 00:15:23,97