tv Business Today BBC News December 6, 2024 3:30am-3:46am GMT
3:30 am
i'm steve lai in south korea, where embattled president yoon has a lost the support of his own party chief who is calling for his suspension. the threat of a larger strike action still looms. and why american consumers are the biggest losers of the proposed paris by president—elect donald trump. —— tariffs. hello and welcome to business today. i'm steve lai live in seoul. i am in front of the national assembly in south korea. it assembly in south korea. has been a dramatic last hours it has been a dramatic last few hours to get you up to speed with south korea's ruling party chief who has called for his
3:31 am
fifth suspension of the president's duties. he goes on to say that citizens could be in great danger if president yoon remains in power. his comments during the emergency meeting suggested change in the people power party position. hours earlier it had opposed the impeachment over the imposition of martial law. other parties including the opposition democratic party are holding meetings of their own. voting will occur on sunday evening on whether the president should be impeached. the largest labour group, the ktcu has asked for continued action to the current government stands down. i am joined by former south korean trade ministerjohan khoo. thank you forjoining us. they do have your thoughts on what we have been seeing transpired here in south korea. i want to get your reaction to that party chief calling for the suspension of the president and
3:32 am
removing his support for him. i think this is a dramatic change of position. until yesterday the ruling party was united against impeachment. but overnight more disturbing detail on how that impeachment has happened. it looks like the atmosphere in the ruling party seems to be a bit shifting. so now the opposition party is eight votes short of this, you know, two—thirds majority needed for impeachment. so, you know, in the coming days, whether more this ruling party member will change their position to support this impeachment. that seems to be the key. impeachment. that seems to be the ke . �* ., ., impeachment. that seems to be the ke .�* ., ., impeachment. that seems to be the ke . �* ., ., ~ the key. and what do you think is the reason _ the key. and what do you think is the reason for _ the key. and what do you think is the reason for this _ the key. and what do you think is the reason for this change i is the reason for this change of heart from the party chairman han? there were some
3:33 am
details about how the martial law was enacted and carried out. do you think those details its his thinking?— its his thinking? now, you know, more _ its his thinking? now, you know, more and _ its his thinking? now, you know, more and more - its his thinking? now, you - know, more and more information is kind of surfacing with this breaking news. but it looks like, you know, right after, you know, this martial law declaration the president yoon sort of ordered, the relevant intelligence agency to arrest some of these key politicians, including the ruling party leader. so it looks like that was kind of — kind of, you know, helping shift. some of the position in the ruling party. the position in the ruling -a . �* the position in the ruling .a _ �* ., ., the position in the ruling party. and what do you think this does. — party. and what do you think this does, what _ party. and what do you think this does, what are - party. and what do you think this does, what are the - this does, what are the applications for south korea for its economy and investor and business confidence? i think this is worrying. of course, the fundamentals of
3:34 am
this korean, you know, korean economy and supply chain remain unchanged. but as a political leadership vacuum continues, i think this investor confidence and this consumer confidence may negatively affected. and especially when the green economy is facing headwinds on many fronts, including — especially with incoming us president. the tariffs could have negative impact on the global economy as well as korea, you know, this means an open trading nation.— open trading nation. thank you very much _ open trading nation. thank you very much for— open trading nation. thank you very much for your _ open trading nation. thank you very much for your today. - open trading nation. thank you very much for your today. we l very much for your today. we resent you speaking to us on this fast moving story here in south korea. former south korean trade minister yeo han—koo. there are numerous talks going on behind closed doors in that
3:35 am
national assembly building behind me. the opposition parties are having discussions, the ruling party the ppp having discussions as well. lots of talking going on. but somebody who hasn't talked is the president himself, who we haven't heard from since he withdrew the declaration of martial law in the early hours of wednesday. his position is looking more and more at risk. back to you. looking more and more at risk. back to vom— back to you. many thanks, steve. back to you. many thanks, steve- in _ back to you. many thanks, steve. in other— back to you. many thanks, steve. in other news, - back to you. many thanks, - steve. in other news, boeing's lea steve. in other news, boeing's plea deal _ steve. in other news, boeing's plea deal over _ steve. in other news, boeing's plea deal over to _ steve. in other news, boeing's plea deal over to fatal- steve. in other news, boeing's plea deal over to fatal 737 - steve. in other news, boeing's plea deal over to fatal 737 max pressures has been rejected by us districtjudge. —— crashes. the judge faulted a diversity and inclusion provision in the agreement. it's another blow for the beleaguered plane maker who has been trying to recover from a year of crisis.
3:36 am
meanwhile, the head of a leading us—china business groups as us consumers will be the biggest losers ever donald trump is ahead with his tariff proposals. trump has threatened to take action against canada, mexico and china on his first day in office. bennett thompson has been speaking to the president of the american chamber of commerce in china. it is frustrating to us sometimes that number one companies and consumers are a political football. in the end, companies in the us recognise that they benefit from trading with china, the frustrating part is that many politicians in the us and consumers in the us do not realise the benefits that us consumers and companies get from trading with china, but is a lot of work to remind people that tariffs will only hurt those who consume that are primarily us consumers. the chinese economy itself is in a different position that it was in the first trump presidency, grappling with its own debt crisis, property crisis, unemployment, particularly with young people. does that change the balance of power in these negotiations? china may be forced to come to the table in a way that in the first trump presidency they do not need to? it certainly is true that more recently when the chinese
3:37 am
leaders talked, in some ways i would say the more humble or realistic than the economy does have challenges, the chinese economy is not going as fast as it used to. it does mean that when foreign companies look at their production in china or consider additional investments in china that the chinese government is more welcoming of that investment and so recently i had a meeting with a small group of business leaders and they said a couple of things, wymah, we appreciate companies who participate in the global supply chain original wanted to go away, also hinting that indicators in the economy are in their view, the chinese economy is recovering, the indicators are strong, so at the same time the chinese government is trying to continue to get support from foreign companies to participate in the chinese economy by making things here and sourcing them here. iceland often tops world
3:38 am
rankings when it comes to gender parity. parental leave conditions for mothers and fathers are so good that nearly 90% of working age women have jobs, with many having executive positions. but it's also a country with persistently high rates of gender—based violence. the bbc�*s gender and identity corresponded severity is a report. iceland became the first country in the world to make it illegal to pay more to men and women for the same job. the push for equality also applies in the home. parental leave here is 12 months. the mother and father can split it equally. that is what this couple are doing. they have five kids. have you everfelt if i get pregnant, things will be hard for me at work? never. i have never— be hard for me at work? never. i have never felt _ be hard for me at work? never. i have never felt the _ be hard for me at work? never. i have never felt the pressure . i have never felt the pressure i'm not having kids because of my career.
3:39 am
i'm not having kids because of my career-— my career. 90% of all fathers take paternity _ my career. 9096 of all fathers take paternity leave. - my career. 9096 of all fathersl take paternity leave. research shows that after going back to work, they continue to be significantly more involved. when do you think ice and will close the gender pay gap? my close the gender pay gap? ij�*i ambition is close the gender pay gap? m ambition is for close the gender pay gap? m: ambition is for iceland to be first to close the gender pay gap, and hopefully by 2030. but i think is gap, and hopefully by 2030. but i think is as _ gap, and hopefully by 2030. but i think is as perfect as they seem? ~ ., , ., ., i think is as perfect as they seem? ~ ., , ., ~ .,, seem? we have been marketed as a feminist paradise, _ seem? we have been marketed as a feminist paradise, which - seem? we have been marketed as a feminist paradise, which we - a feminist paradise, which we are not. at home we are no more safe than women anywhere else. in europe. safe than women anywhere else. in eur0pe-_ in europe. singing where are they bejewel— in europe. singing where are they bejewel to _ in europe. singing where are they bejewel to remember - in europe. singing where are they bejewel to remember all| they bejewel to remember all they bejewel to remember all the others admit women killed ijy the others admit women killed by men. it shows even in a country that is supposed to be a great place for women, things are farfrom perfect a great place for women, things are far from perfect stop ——we are far from perfect stop ——we are at a vigil to remember all the isolated women. because of
3:40 am
the isolated women. because of the rate of violence, the icelandic state is being sued for misogyny. irate icelandic state is being sued for misogyny-— icelandic state is being sued for misoa n . ~ ., .,, for misogyny. we thought it was completely _ for misogyny. we thought it was completely unacceptable - for misogyny. we thought it was completely unacceptable that i completely unacceptable that women were being taken seriously and we decided to use the european court of human rights to show the icelandic state. —— sued the. do rights to show the icelandic state. -- sued the.- state. -- sued the. do you think the _ state. -- sued the. do you think the government - state. -- sued the. do you think the government is i state. -- sued the. do you i think the government is doing enough to tackle the issue of gender violence? enough to tackle the issue of gender violence ?_ gender violence? no, i don't think any _ gender violence? no, i don't think any government i gender violence? no, i don't think any government is i gender violence? no, i don't. think any government is doing enough. as long as there is gender—based violence, we are not doing enough. gender-based violence, we are not doing enough.— not doing enough. severities, bbc news- — not doing enough. severities, bbc news. we _ not doing enough. severities, bbc news. we go _ not doing enough. severities, bbc news. we go back i not doing enough. severities, bbc news. we go back to i not doing enough. severities, i bbc news. we go back to solve a reminder of our top story. there is a meeting inside the general assembly in south korea, as you can see there. the party chief earlier today called for this was suspension of the president's duties, saying citizens could be in great danger president yoon remains in power. they would
3:42 am
3:43 am
and an ugly cat owner's plea. but we'll start in new york where police are searching for a person of interest after the boss of a us insurance company was shot and killed. this is the moment when brian thompson was shot outside a hotel, which police are calling a targeted attack. they've put out pictures of a person wanted for questioning. they're also using facial recognition technology against the person spotted on cctv. investigators say there were words written on the bullet casings found at the scene. the words said: "deny," "defend," and "depose." some other stories now. tyler kerry, a 20—year—old british tourist, was found dead in a lift shaft in turkey on friday, and his brother has claimed it was murder. their grandmother called it "a family holiday of a lifetime that turned into a nightmare". she said that police were treating mr kerry's death as suspicious. the bbc has reached out
3:44 am
to the turkish police but it hasn't heard back yet. and newport county has teamed up with the rock band skindred to create a reggae football shirt. the band got to number two in the uk charts last year. the team will wear the shirt — inspired by the city's caribbean community — in their league two match against carlisle on saturday. and here's 10 seconds of ugly cat confusion. to be honest, i don't think she's that bad. her name is lulu, by the way, but her owner has put out a plea for people to leave the cat alone after strangers keep mistaking herfor a stray and trying to rescue her. you're all caught up now — see ya! hello and welcome to sportsday. i'm gavin ramjaun.
3:45 am
george russell sees red as he calls max verstapen a bully. the mercedes driver also alleges the champion threatened to crash into him intentionally. "one of the darkest and most difficult periods of my life." charlotte dujardin is banned for a year following footage of her excessively whipping a horse. and tottenham's troubles continue — just one win in six now for them after defeat to bournemouth in the premier league. hello and welcome to the programme. more from thursday's premier league and the club world cup draw to come. but first to the controversy happening in formula i. the title might be decided, but the sparks are flying ahead of the final race of the season with mercedes driver george russell telling media in abu dhabi that now a—time world champion max verstappen is a bully that needs standing up to and that he's "allowed to get away with too much". tensions have been increasing throughout the season between verstappen and his
13 Views
IN COLLECTIONS
BBC News Television Archive Television Archive News Search ServiceUploaded by TV Archive on