tv BBC News BBC News January 24, 2025 8:30am-9:01am GMT
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this is bbc news — the headlines. trains cancelled, schools shut and millions told to stay home as storm when but as the uk and ireland. a red danger to life warning is in force across the entire island of ireland. i'll man and also a part of scotland. rickard gus of 140 mph have been recorded. this is the scene in largs in scotland, there are reports of trees coming down. and we hearfrom one of the youngest survivors of the auschwitz concentration camp in poland is the 80th anniversary of its liberation approaches. hello, i'm catherine byaruhanga. now let's focus on the top business stories — for that, it's over to tadhg enright.
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thank you very much. the newly returned us president donald trump has been speaking to the world economic forum in davos. in a virtual address, he warned fellow leaders that international companies must manufacture in america orface tariffs. it was a wide ranging speech he also promised to cut the us corporate tax rate to 15% for those that do "make in america". he criticised the european union, saying its tariffs are too high. and he urged the oil producing cartel 0pec to "bring down the cost of oil". pete earle is from the american institute for economic research — he told me he believes many countries will be unfazed by trump's latest threats. well, the kinds of things that mr trump is trying to get other nations to do — first of all, they take a very long time. manufacturing is not the kind of thing that would pop up overnight — it would take years for many nations to change those arrangements. but even so, no nation is going to accept tariffs
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on their exports without imposing tariffs on us imports. you know, we've had decades of specialisation that led to different countries with different resources and different climates producing certain goods, while purchasing goods and services from other nations. it's called the law of comparative advantage, and it's worked very well. but trump seems to want to throw out 70 years of market experience and 200 years of economic theory, you know, in a very short amount of time. and, as ever, his speech covered a wide range of topics. one of the other things he did was urge saudi arabia — which is, of course, a major ally of the united states — along with the rest of 0pec to, as he put it, bring down the cost of oil. is there a way he can compel them to do so? so, first, i think trump's call for 0pec and saudi arabia in particular to lower oil prices is an attempt to bring pressure on russia to end its invasion of ukraine, right?
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you know, russia relies on energy exports to fund its war effort and it's interesting in part because, over the last few days, there have been signs in international oil markets that some traders expect prices of $100 a barrel — even though the current prices are in the mid—to—high 70s. so there may be high and growing doubt about trump's ability to end the war in ukraine, as he's promised. and also, it's not very clear that us oil production can get online as quickly as promised, so it's interesting that he's jawboning in this way when he's spoken all along about us production pushing prices down. staying with davos, where the uk trade secretary has told the bbc the uk has left open the possibility of following eu rules for food and farm products in order to return to frictionless access to european markets. jonathan reynolds�* comments come after eu trade chief maros sefcovic told the bbc on thursday a new agreement is possible alongside other areas
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of pan—european co—operation. that was an incredibly positive and helpful contribution from commissioner sefcovic. i had a conversation with him today, a bilateral meeting in the jargon here, and i thanked him for that. now, the individual components of that, i think he went through the arguments about the rules of origin and which sectors of the uk would benefit from that and which wouldn't. again, a careful analysis of what that means for us, but i think it proves that what we have always said, that we can improve the terms of trade with the eu in a way which doesn't revisit customs unions or single markets or the arguments of brexit. and we can do that whilst pursuing closer trade links around the world. i call it the twin track strategy, the best of everything. i think we've seen a very positive response here in davos to that. the interest rates injapan — the world's fourth largest economy — has been increased to 0.5%, the highest level since 2008. japan has been an economic outlierfor a generation now.
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unlike other major economies, it's been battling deflation and that's kept the cost of borrowing there extremely low. that situation turned around last year when the bank ofjapan raised its interest rate from 0 to 0.25%, prompting a market sell—off. here's mariko 0i with more. this chart shows the history of the cost of borrowing injapan, and for the past 25 years it's been pretty flat. it was in 1999 when the bank of japan became the first central bank in the world to cut interest rates to zero. it was a bold move at the time. the country was experiencing falling prices — also known as deflation — and lower rates were meant to encourage spending and investment, at least in theory. but consumers weren't buying it. that's because the value of their properties and other assets were falling, so people didn't feel confident to spend money,
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and it slowed an entire country's economic growth. then, in 2016, the bank ofjapan went further — taking the extraordinary step of cutting rates to below zero. negative interest rates meant that the b0] was, in some ways, paying borrowers to, well, borrow money — and they stayed there for over eight years hoping that prices would start to rise. inflation finally arrived several years ago, but it was mainly due to higher food and fuel prices caused by the war in ukraine. in march last year, the central bank moved rates to a range of 0%—0.1% — a tiny rise, but a seismic shift in policy. the boj finally exited its negative interest rate policy. a few months later, the bank ofjapan raised rates again — this time to around 0.25% — showing their confidence in the country's economic recovery, and that inflation is finally back.
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but that triggered a market sell—off because investors worry that they may raise rates too fast, and also because of a complex impact on the value of the japanese currency. officials have been cautious ever since, but they've hiked rates to 0.5% today. that's the highest in 17 years, and economists think they may raise the cost of borrowing several more times this year. in other news... uk chancellor rachel reeves has said plans to abolish non—dom tax status for people with high incomes earned over seas will be amended, to allow a more generous phase out of the tax benefit. reeves told an audience at the world economic forum in davos that changes would be made to upcoming legislation, to increase the generosity of a facility to help non—doms repatriate their funds to the uk. purdue pharma and the sackler
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family who controlled it have agreed to pay up to $7.4 billion to settle claims over its powerful painkiller 0xycontin. it's an increase of more than $1 billion over a previous settlement that was rejected in 2024 by the us supreme court. 0xycontin has been blamed for supercharging the deadly opioid crisis in america. the high end fashion brand burberry has reported a 4% drop in sales in the three months to december — beating market expectations. sales in the americas rose but continued to fall for the asia pacific region — they were 7% lower in china, one of its biggest markets. burberry said it's acting with urgency to stabilise the business and position the brand for a return to sustainable, profitable growth. let's get more now on our top story. millions have been urged to stay at home as storm eowyn
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brings potentially life threatening winds to the uk and ireland. the met office has issued a rare red weather warning for northern ireland and the scottish central belt, which means a danger to life. 4.5 million people received an emergency phone alert — many schools and large parts of the transport network will be closed in these areas. and as you can see from this map, it's a giant storm. and coastal areas could see winds of up to 100 mph. an amber weather warning is in place for the rest of scotland, northern england and north wales with separate yellow warnings for wind and rain covering the rest of the uk. eowyn is also battering ireland which has recorded wind speeds of 114 miles per hour in galway, the strongest since records began. let's have a look at the live pictures coming infrom around the uk and ireland.
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this is from largs in scotland, and the west coast. the central belt will be the key area affected by storm eowyn. we are hearing reports of flight cancellations, that's from glasgow airport, which isn't too far from largs, glasgow airport, which isn't too farfrom largs, where glasgow airport, which isn't too far from largs, where as you can see, there are also cancellations at edinburgh airport. we're also hearing now of some flights cancelled at heathrow airport in london. let's also show you valley home in northern ireland. —— ballyholme. the information we haveis ballyholme. the information we have is that the red weather alert for northern ireland has come into effect at 7am local time. we will continue to follow developments or in storm eowyn here on bbc news.
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around the world and across the uk, this is bbc news. on monday, the world will mark the 80th anniversary of the liberation of auschwitz—birkenau. 0pened by the nazis in occupied poland in 1940 as a concentration and labour camp, it ulimately became the most notorious extermination camp. more than a million people were murdered there, the majority of them jews. the 27th january also marks holocaust memorial day to remember the six million jews killed during the second world war. lucy hockings has been speaking to tova friedman — and american author and therapist, and one of the youngest auschwitz survivors. tova survived the german extermination camp at the age ofjust six years old. originally from poland, she moved to the us with her parents. lucy started by asking tova about her feelings as the 80th anniversary approaches. what i want the world to do
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is to please remember. remember us. and let it be a lesson to the world — what can happen if we are not careful, and how we can easily destroy each other if we don't stop this horrible, terrible...fury that is around the world right now. so i want the world to remember us, and to learn from it. you're helping so much with that message, particularly the work that you're doing with your grandson — making these tiktoks that are going viral. how has that experience been? it's been a fabulous experience, because most of the people who are watching — and there are millions of them — are young, young people. when people say, "well, the young are not interested,
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the teenagers don't care, the 20—year—old don't worry about things like that," they may be wrong. from the questions and the inquiries and the interest, they are interested! we're just not giving them enough material. they are there to learn, and we are here to teach. what sort of questions have young people asked you that have surprised you? well, the question i like — do i still believe in god after this terrible ordeal? do i trust anybody, since i went through the worst experience a person can experience on this earth and still be alive? they ask very, very good questions. if i wouldn't trust people, what's the point of getting up in a morning? yes, i do trust.
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that's why i'm out there talking. i do hope. and even with this terrible anti—semitism — i hope it's a phase. i hope it goes away when people learn more about who we are, what we are. and that's why i'm there — to talk about who thejews are, what we are. maybe it'll sort of help with getting rid of some of the terrible anti—semitism. i don't know how many years i have left, but since i am about 45 — and that's a long time ago — i have been trying to tell the world, remember, and be very careful if...about what's going on around you. be active. leave this world a little bit
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better than you found it. it's not the first time, tova, that you've been back to poland and to auschwitz — and i know you've been with your family. how was that experience for you, to return — and with them? i took my grandchildren. i wanted them to see. i wanted them to hearfrom me, so they will one day tell their children and their grandchildren, "yes, i was there." i once took about 200 16—year—olds, and i gave them a tour of auschwitz. they have my name, they know exactly where i was. they showed me where i slept — although the barrack is gone, but the place is still there. it made it very real for me. don't forget, i was a child. and that, i want to give it to other people to make it realfor them. so many of us struggle
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to remember things from when we were small. how much do you remember of your time there? i remember an awful lot because, as i mentioned before, i think that my mother would tell me. "yes," she said, "that smoke. yes, burning bodies." she never covered up anything. and she said, "yes, those dogs, those german shepherds — they are trained to kill, but only if you run, so you are not going to run. you're going to stand very... you're going to stand very still." she taught me survival skills. very early, at about five, five and a half — when she was working a whole day in a labour camp, and i was alone on the street — my father was working, as well. i knew... i knew how to take care of myself because she taught me, and i listened and i trusted. i think that's where
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my trust comes from — itrusted her 100%, and it saved my life many times. that is an incredible gift, tova — those survival skills that your mother gave you, but there were other things that happened in auschwitz that meant you survived when others didn't. can you tell us your story from then? well, at one time, i was beaten terribly because i couldn't stand still at roll call. these roll calls were three hours, four hours. i was five and a half — i wasn't even six — and i was beaten by this gestapo — a woman, in fact — because she didn't like that i was moving around and not standing still. and i remember my mother's eyes said to me, "hold on. don't cry." and she said something else years — or maybe months — earlier.
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"don't have eye contact." so i remember as this woman was beating me, i did not look at her eyes. i looked at her forehead. i didn't make a sound. because my mother had once told me, "the more you show that they hurt you, the more pleasure they get." that was the... that was the mantra in auschwitz. don't show — don't give them the satisfaction. suffer in silence. beatings, hunger, freezing weather, being barefoot. so that's the time i let her hit me until her hand hurt. and my cheeks very just. ..completely, completely swollen. but not a single word or tear came out of my eyes. that's a survival skill.
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don't let them know who you are. eye contact is something that people recognise. don't look into anybody�*s eyes. that is an incredible survival skill for such a little girl, as well, to have learnt and being taught by your mother. but what about — i understand that there was a trip for you to the gas extermination chamber, and itjust happened to be that one day that it malfunctioned. we really don't know what happened because we don't have the exact date. but i remember going there and i remember... i thought to myself, "why are people unhappy?" because i and my whole group — my whole barrack of children — were going to the gas chamber together. we were like...
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we were in pairs. we had partners and we were going, and i even said to the little girl, "why are people unhappy?" because when i passed, i saw a group of women, and among them it was my mother — although i didn't see her well, but i heard her voice. she said to me, "where are you going?" and i said, "to the gas chamber!" as if we were going to the park. and when these people — the women started screaming because they had some of their own children in that group, i turned and i said to this little girl next to me, "why are they crying? doesn't everyjewish child go to the gas chamber?" it was like a normal thing. and when we got there and we were undressed... you know, one of the ways that they dehumanise us is undressed us.
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people without clothing have much less identity. we had no hair, no clothes, tattooed. and here we stood, waiting for the shower door to open. we knew what it was. everybody knew. except they gave us some kind of a small towel and said, "ok, here are your... make sure you find your clothes when you come out." did we... were we going to come out? i don't know. it's very hard to contemplate your own death. but i remember standing there, shivering, very, very hungry. and yet, i was waiting for the door to open so we could go in because i thought, that's... that's life. that's how it is. don't forget, i was
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only one year old when the war broke out. that's life. when you think of that little girl now, do you recognise yourself in that five—year—old, that six—year—old girl? sometimes i do. yes, sometimes i do. when things are pretty tough and so forth. isaid, "well, yeah, things are tough, but we need the strength." that's the whole point — we need the strength to solve issues, or to live with them. that's why i'm a therapist. i tell my clients, "you can't always solve the issues like death, divorce, or financial catastrophes. but you have to learn
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to live in spite of it all. how to live in a crazy, difficult world, in spite of everything. tova, as we mark 80 years since the liberation of auschwitz, is that a day that you remember, when the red army came and liberated the camp? you know what? there is not one day that i don't think of auschwitz. and i... you know, they say there is... the issues are in your tissues. i think a book came out like that. do you know, i feel my number every day, which is just not possible to feel it. i feel it. i see it. i know — i don't have to look at it to know. we'll be marking the 80th anniversary of the liberation of auschwitz over the coming days. on monday, lucy hockings will be presenting from auschwitz where survivors
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and world leaders will come together for holocaust memorial day. a statue of the british explorerjames cook has been damaged and sprayed with red paint just two days before australia day. it's the second time in less than a year that the statue in sydney has been defaced and vandalised. james cook was the captain of the first british ship to reach the east coast of australia in 1770. australia day has become increasingly divisive, with many people saying it celebrates an invasion and the destruction of the indigenous culture. large parts of the southern united states has been experiencing unusually cold weather — which has come as a surprise to everyone, including these animals at a zoo in the texan city of houston. some of these creatures have never seen snow before. this elephant — called teddy — seemed quite excited by the weather. the cold snap is expected to last until the weekend.
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let's have a look at the live pictures coming infrom around the uk and ireland. these are pictures from largs in scotland, this is the coastal area on the west coast of scotland, one of the areas that will be worst affected by storm eowyn. as we were hearing earlier in the programme, the moment, all rail services have been stopped in scotland because of the weather. let's show you ballyholme in northern ireland. here, we are hearing that more than 90,000 homes in northern ireland are without power at the moment. every county in northern ireland is experiencing power disruption at the moment. let's show you dublin in ireland. at the moment, ireland is the worst affected part, worst affected
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region due to storm eowyn. you're watching bbc news. storm eowyn is moving its way in from the west and it's going to bring a very windy day wherever you are today — especially so across northern parts of the uk. various warnings in force, including two red warnings from the met office across parts of northern ireland, central and southern scotland. also red warnings for the isle of man, too. here is this area of low pressure associated with the storm system — it's been deepening rapidly. lots of isobars, particularly on the southern edge of that area of low pressure, so the strongest winds tracking across the republic of ireland, northern ireland, into central and southern scotland — it's here that we've got the red warnings in force. widespread gusts — 80mph, 90mph, we could see 100mph or more. in fact, we've already had a 114mph gust in the republic of ireland. but more widely, away from the red warnings, also amber warnings —
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they last longer. there could be gusts over the hills and around the coasts of 80mph or 90mph, so severe disruption likely right across the northern half of the uk. for england and wales, after the morning's rain clears away towards the east, we're left with sunshine, but still windy conditions here — gusts of 40mph, 50mph widely. more than that over higher ground. still windy but not quite as windy as this morning across northern ireland. 40mph to perhaps 80mph for many of us — this is the gusts of wind we're likely to see. now that is in relative shelter — in exposure, they will be stronger than that. it will not be warm, with temperatures around 6—9 degrees when you add on the wind chill. heavy rain also across parts of scotland lasting through to the evening. snowfall over higher ground — could be 25 centimetres, in fact. blizzard conditions for a time across parts of scotland. 0vernight tonight, some wet weather across parts of southern england, and a cold night — with temperatures fall to freezing or a bit below that, we are likely to see some icy stretches taking us through to saturday morning. saturday thankfully a little quieter, the centre of storm eowyn has moved off
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to the north—east byt this stage, still a bit of rain across parts of south—east england which should clear through the day. gales still expected across parts of northern and western scotland, perhaps first thing for northern ireland, too, but for most thankfully a much quieter and less windy day. more rain in the west later on, and feeling chilly — only around 6 or 7 degrees. more outbreaks of rain on the way for sunday, but thankfully the winds will not be a strong and as disruptive and dangerous as they are out there today.
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live from london this is bbc news. trains cancelled, schools shut and millions told to stay at home as storm eowyn battles the islands of the uk. a red warning is across the entire of northern ireland and the isle of man and the west of scotland. the authorities say they are prepared for today, as prepared as they can be, but they are asking people to make preparations as well. stay at home and don't travel to stay safe today. this is the scene at largs in scotland. there are already reports of trees coming down on the railway. we will bring you all the latest as the storm sweeps across the region. also coming up, ajudge sweeps across the region. also coming up, a judge temporarily blocked presidentjudge�*s order
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