tv Business Today BBC News February 12, 2025 5:30am-6:04am GMT
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welcome. live from london, this is business today. i'm 52 f? i??? :*::. bundock_ into the us. there has also been dismay from canada and mexico, for the country's industry to be protected. on monday, the president signed an executive order and pharmaceuticals. chancellor scholz told germany's parliament that europe will fight back if it has to. and he reminded the us that it would be taking on the largest
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imposing tariffs the us he taxing its own citizens, be taxing its own citizens, raising costs for its own 77 and fuelling business, and fuelling inflation. in tariffs im- m harmful for the partners involved, but in havin 77 in having disruptive —:: for many 77 for many others as well effect for many others as well as the global trading system as effect for many others as well a whole. >bal trading system as effect for many others as well a whole. put trading system as effect for many others as well a whole. put simply, system as effect for many others as well a whole. put simply, it stem as effect for many others as well a whole. put simply, it is em as effect for many others as well a whole. put simply, it is a n as a whole. put simply, it is a lose scenario. are lose lose scenario. we are assessing the scope currently assessingtifiresccrpe the currently assessing'tiiresccrpe the measures currently eeeeeeingthe'eccrpe the measures and will be of the measures and will be in a firm and responding in a firm and way bay proportionate way bay
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countermeasures. we act to countermeasures. we will act to safeguard our economic countermeasures. we will act to safeguard we economic countermeasures. we will act to safeguard we will nomic countermeasures. we will act to safeguard we will protect our interests. we will protect our workers, businesses, and consumers. translation: the trade we translation: the trade _ we have - translation: the trade i _ we have created agreement we have created economic integration the the united states, mexico is well, it benefits mexico is well, it benefits mexico is well, it benefits canada, but it benefits mexico is well, it benefits ca united ut it benefits mexico is well, it benefits ca united states. this benefit the united states. this is a very important argument. the only way to compete with asia, particularly china, asia. particularly china. and other countries is to stay for the ai summit. we will be working with the
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american administration of the mm ccming weeks tc highlight the on americans negative impact on americans and canadians of these unacceptable tariffs. we will also be working with our international partners and 7 7 -7 and, if it comes to friends and, if it comes to our response, of course, that, our response, of course, will be firm and clear. here in london. good to have you on the programme. the trade relationship between canada and programme. the trade relé eu iship between canada and programme. the trade relé eu is lip between canada and programme. the trade relé eu isiip b strong, ianada and programme. the trade relé eu isiip b strong, isn't a and the eu is very strong, isn't it? a through what 7 leaders 7 7 leaders will7 7 leaders will 7discuss in 7 in 77 do you today in brussels, do you think? i today in brussels, do you think? ~' , today in brussels, do you think? ~ , ., think? i think they going to come in the _ think? i think they going to come in the first _ think? i think they going to come in the first place, - think? i think they going to | come in the first place, talk how to7 take better 7 about how to take better of the eu a-reement ag7reement that into in 201? and has alread force in gafi'enu' has already a force in gafi'anu' has already a 60% fdrce in gafi'and has already a 60% in trade e the eu and canada. is
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�*160 billion of bilateral now 160 billion of bilateral trade between the parties. trade between the two parties. so �* to in the so how to de pena in the of a united states actin- ina m manner. 7 manner. that is pretecticnist manner. that is of the things they will be one of the things they will be discussing, they will security cooperation 7 777i7thin7k7a7re7 7 7 7 7 i think are more 7 7 7 77i7thin7k 7a7re7m7ore7 generally, 7 7 and i think are more generally, the 2-2- �*the us from with the retreat of the us from its traditional role as kind of and international leader and its in institutio7ns multilateral institutions that we have how, you know, the — -777 canada, other eu, canada, and other like-fm'lnded can like—minded countries can step into the try to keep value = -:7 upholding the value of international law and value international law and the value of international institution and is an multilateral communication.- and is an multilateral communication. �* ., ., ., ., a very time for is a very tense time fur them of have issue of the 725% on .sue of the 725% on steel f the 725% on steel and 5 725% on steel and aluminium one of the there, one of the biggest exporters to the us of those
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but there is a 30 reprieve ongoing at day reprieve ongoing at the moment for tariffs of 25% on canadian goods and that all canadian goods and that could you assume could be enforced. you assume there are negotiations going on? , ~ �* , , ., on? yes. we've seen this movie before. on? yes. we've seen this movie before- - major _ on? yes. we've seen this movie before. - major action - on? yes. we've seen this movie before. - major action of - on? yes. we've seen this movie before. - major action of the | before. the major action of the us under the trump was te irueess a tariff en- stssl and ------------------ and te irueess a tariff en- stsslane " ,-, ' ~ 2 and brought —: = -: to the wto 7 to the wto about77 to the wto about7that challenge to the wto about that and those were challenge to the wto about that and those trump were challenge to the wto about that and those trump has ere challenge to the wto about that and those trump has come out withdrawn; trdmuhas’fime’m-fl " ’ the same thing this time with the same thing this time also where there's to but also where there's going to be imposed only in 30 days. the between canada engagement between ca nada—ahd united engagement between canada—and united date is deep and the united date is deep and broad so can assume there broad so one can assume there is engagement on every possible to demonstrate level. to demonstrate exactly trade officials have been ilii, mil, u1} 77 7 e—e: that hill really 7 7 that will really harm isbmething that will'really'harr'n us, this is something that the us, this is something that
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will make more expensive will make things more expensive american consumers, will make things more expensive ameri business, 1ers, will make things more expensive ameri business, it rs, will make things more expensive ameri business, it is, american business, it is something that will make the scmething that2will make the american economy as a north american economy as a less competitive and less whole less competitive and less able to respond to its perceived challenger, china. real problem 7 7 real problem77 7 steeland the real ”aide"- saith steel 22th ”2 222 227 22 22 steel, aluminium, steel, in particular, is overproduction in china. that production was particular, is overproduction in china. by t production was particular, is overproduction in china. by the oduction was particular, is overproduction in china. by the chinese was absorbed by the chinese that = -: has slowed7 7ha7s7slow7ed7down 7777ha7s7s7low7ed7down and industry has slowed down and �* it has been dumped on around the world. and markets around the world. and this is a really so this is a really kinda response a very so this is a really kinda respt and a very so this is a really kinda respt and one very specific situation and one that's not going to be the that's not going to be in the us's thosefizzi of -—- 77 77a7re 7 going —7e7 it remains to be7 7 7 it remains to be seen if on and it remains to be seen if us will indeed go ahead —: this tariff. one7 hopes not with this tariff. one hopes not and one hopes that gawler has prevailed. this is prevailed. presumably this is about you know, the all about you know, the incoming president trying to throw some red meat to his incoming president trying to thro\ to me red meat to his maga incoming president trying to thro\ to me hei meat to his maga incoming president trying to thro\ to me hei i protecting maga incoming president trying to thro\ to me hei i protecting us.ga base to say he is protecting us interests when, in fact, he is
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doing the opposite. christophe bond , doing the opposite. christophe bondy. thank— doing the opposite. christophe bondy, thank you _ doing the opposite. christophe bondy, thank you for - doing the opposite. christophe bondy, thank you for your - bondy, thank you for your on all of this as perspective on all of this as it unfolds. here in the uk the government says it will not retaliate response. that's despite calls from some for the uk to side with the eu and canada. the lobby group for uk manufacturers. good morning to you, ben. good morning. obviously the us president _ morning. obviously the us president as _ morning. obviously the us president as yet _ morning. obviously the us president as yet has - morning. obviously the us president as yet has not i morning. obviously the us l president as yet has not said that there would be tariffs on uk goods in or us geeds in. aa’rtiicularer” " ' " on ue geeds in. aa’rtiicularer�*” ” ' " on the uk, but still, centredunthe uk, but still. aluminium we do
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any aluminium that we do to the us will be exported to the us will be by that tariff. impacted by that 25% tariff. give us your take on uk response to all of government response to all of this so far. i government response to all of this so far-— this so far. i think so for what we _ this so far. i think so for what we - had - this so far. i think so for what we - had is - this so far. i think so for what we - had is a i this so far. i think so for i what we - had is a very and serious once measured and serious risk once and i think we welcome that. we focus on steel and aluminium this morning, they are around 500 million, it's a very important we really hope that there be a sensible outcome here. can be a sensible outcome here. what's important for the us is —= =_:4 this isn't a no that thiseisn-�*t simply a he win no lose that thiseish't simply a he eiih no lose game for them. and no lose game for them. still is particularly pretty still is particularly 2 22 2 22 22 quality steel. in the us high quality steel. in the us they use it a �*of they use it in a number of applications but in particular 777def7e7n7ce7 777ae¥ehce7a7n7d7 7 77 777 "’aag.'.g.’.’d' early” for defence and security review�*s is, they really review�*s and is, they really need the height of deal need the height of his deal that they get from uk, so *— ’ hope 7 as the us looks at from more simplya this frdm ma’re’than simply a and looks numbers perspective and looks at the impact it will have they
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realise that some of this steel is the kind of steel made is the kind of steel has made in us, that they really in the us, that they really need this deal that they get a; 77:37n7d7hbp7e7fb7ll7y77 7 7 7 7 7 a; 777a7n7d7i7717op77e77f7iil7l77y7; 7 7 7 7 7 —— t diplomatic, pragmatic practicallomatic, pragmatic practical move c, pragmatic practical move from |gmatic practical move from the atic and practical move from the government see an outcome, government will see an outcome, maybe a quote still to into the lie allowed to go into the us because they will be cutting allowed to go into the us be�* their they will be cutting allowed to go into the us be�* their nose will be cutting allowed to go into the us be�* their nose tol be cutting allowed to go into the us be�* their nose to the cutting effetheireheseete the evasive in the 25% tariff the governments within the governments responses pragmatic. what is respenses pragmatic. what is critical is the is under :—-= m diplomacy is under way in washington and in london so we get a on quotas, we a me— move on a sensible outcome, because actually we really need market, its vitally this market, its vitally important to the uk steel aluminium exports are industry. aluminium exports are similarly important to us and similarly importantie us and get some outcomes. we get some sensible outcomes. if we highlight today that the chief executive of heathrow, thomas wallabi, will be at british steel land will ive more detail where he will give more detail on the expansion of heathrow
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an the expansien bf heathruw an the expansien bf heathruw a runway that is and a third runway that is expected, that in is an illustration. isn't it, ef . and illustration. isn't it, of . and industrial expansion and industrial strategy that definitely strategy that is definitely required to supply for that and what that means forward. this is 7 7 this isa 7 7 this is a crit7ical7 for the steel industry and a radical moment for british we really welcome industry. we really welcome these major the industry. we really welcome these ma_ project the industry. we really welcome these ma_ project is the industry. we really welcome these ma_ project is exciting, lleathreel ereieet is seeitihae 22 22 2 22 team are llsathraeel ereiset is aseitihae " " ' " team are outstanding and the team are outstanding and we hope that today will see details of them bringing forward a serious forward a really serious that will both proposal that will have both immediate benefits uk chain 2772 — — éi2 f772—77 7il>r7the7 7 forthe eco7nomy. 77 77ste7el777 77 steelwillbea british steel will be a critical part of the construction of expanded construction of the expanded heathrow, it will be a critical of other infrastructure bart ef ether ihfrastreete�*rsw , that we hope will 7 heathrow�*s proposals forward. heathrow�*s proposals today are sign the today are to sign the steel charter, which means they would today are to sign the steel charter, �* british eans they would today are to sign the steel charter, �* british steelthey would today are to sign the steel charter, �* british steel in by would prioritise british s-teelir-l —2 , 2—22— , big that's part for a of a wider commitment for a really strong and deep uk
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geallygstrong and deep uk chain the heathrow supply chain for the heathrow uk which will pump uk expansion which will pump vast amounts of money into gasgtgafimounts of money into the and british economy and jehrick for british firms, usuall welcome and that's usually welcome and hugely that's usually welcome and hu:el ,., ., ., 27—37 27—3 7�*t7ake on all of 7 �* take on all of this. thank your take on all of this. thank forjoining us. ben your take on all of this. thank forjthere us. ben your take on all of this. thank forj there from en your take on all of this. thank forj there from make uk. jerome told is in no to cut interest is in no hurry to cut interest rates. michelle fleury was watching in new york. jerome powell went to capitol hill bearing mainly good news for senators the banking 77 77 7el7izabe7th77 77 77 77 7el7izabe7th7ii77 77 77 7el7iz7abe7thil7the7 committee elisabeth ll the ~ ~ 2 , ,- , 2 economy committee elisa-heth ll the 22 2 2 2 22 2 2 economy is committee elisa-heth ll the 22 22 22 2 222 2 22 economy is strong, with 7at o 7at 4% 7 7at 4% and unemployment at 4% and inflation far off the highs of 2022. however, legislators 2022. however, if legislators were looking a that were looking for a signal that the will be the: federal ssssrss isill7 §s7777 77777777 77 77 to the essstal ssssres isill7 §s7777 777777" " 7’ to cut the federal ssssrss isill §§7777 777777777 77 77 to cut interest able to cut interest rates again mr powell seems again soon mr powell seems to be at pains to temper such be at pains tote .~ - 2 be at pains to2t2e22 .~ - 2 hopes. with our policy stance now significantly _ hopes. with our policy stance now significantly less -
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hopes. with our policy stance now significantly less restrict | now significantly less restrict the dust is restrictive that it been and the economy strong then we 77777 strong then we will remainth strengthen-we will in a hurry to adjust our we know that policy stance. we know that reducing policy restraint oi’ or too much 77 7 $r7t7°87hiljeh777 7hi7n7d7er fast or too much could hinder progress on inflation. at the same time policy sagaetime reducing policy too slowly or too restraint too slowly or too little could unduly weaken economic activity and little could unduly weaken economic acti in i and the employment. in considering the extent and timing of additional adjustments to the range adjustments to the target range for the federal runs —— funds rate we will assess incoming data and the balance of risks. piece mr one piece of data that mr powell and his will powell and his committee will be able to see soon is the be able tp'see span is the �* price index, latest consumer price index. is out before the markets sash eh esdhssdase !t is ' to sash eh esdhssdaae !t is ' to show why they're a hurry to 7 7 7 stuck yyith headline inflation stuck 2.9%. that's a lot at sis-sis; that's a lot bolts-“2 2 222 it was a few years ago, than it was a few years ago, but still higher than the pr7esident trump would unlikely president trump would like. michelle let's bring in matt orton, chief market strategist
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he's in st petersburg, florida. good to you on programme. what has been the 7 tojerome 7 to jerome powell's reaction to jerome powell's he talked grilling. obviously he talked about the outlook for the us interest rates, etc. he interest rates, etc. he also iterest rates, etc. he also iter quite :es, etc. he also iter quite a ;, etc. he also iter quite a bit itc. he also iter quite a bit of but he also got quite a bitot2—22 222 22 22 2 2 2 -, about but he also got quite a bitot2222 222 22 22 2 2 2 22 about from ble , , but he also got quite a bitot2222 222 22 22 2 2 2 22 about from ble white , interference from the white house. ., �* , ., house. goodmom' 4 ' , ~_ 'oin ou. house. good morningolt'sgxeat i join you_ house. good morningolt'sgxeat i join mw— house. goodmomingolt'sgxeat i join you. i think they - to join you. i think they market was were no fireworks. we expected this to be the testimony from powell, that is testimony frompowell that is what we got, 5 n 77 7that there was not essentially, that there was not to be any changes do we going to be any changes do we on the get more progress on the inflation front and 77 7 7a7n7d7looki7ng7777 is expecting and looking forward whatever the data is forward to whatever the data is going to this 2222—— 2-2 222 777t7h7ink7the7777 7 77thin7k7the7r7isks77 7think7the7risks72re 7think7the7risks73re a 7:27 b7itasymmetric. b7it asymmetric.l b7it asymmetric. i think little bit asymmetric. i think it is a hotter than of acted if it is a hotter than of acted prints could continue to prints that could continue to push dollar higher, it can push the dollar higher, it can continue to push rates a little push the dollar higher, it can coi highero push rates a little push the dollar higher, it can coi highero push rat if a little push the dollar higher, it can coi highero push rat if comes in bit higher my words if comes in a softer expected a little softer than expected you have a bit �*a you probably have a bit of a knee—jerk reaction with
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hhss2isrh r22-r2tr2r- saith and perhaps enthusiasm and perhaps relief only the front but we re were because we need data, more = to say we information to say we really are progress on the inflation front. letereetio922 2 trum - , inflation front. letereetio91:22 2 trum, durin: inflation front. letereetio9l1::2 - trump, during this first donald trump, during this first week in the house, did weekihthewhite house die that he understood monetary say that he understood monetary better than the central 7 the challenge coming from bank. the challenge coming from house is fairly would 7 7 would you 7 7 would you say? i7 fierce. would you, say? have a fierce. would you. say? have a of economic data 7economic data all7 on washington, 7 �*and between7trade j- 2—77 7what is saying, and talk, what trump is saying, and i think you have to take what says about interest rates he says about interest rates being lower than a bit of a he says about interest rates being of wer than a bit of a he says about interest rates being of wer1 obviouslyf a he says about interest rates being of wer1 obviously iti he says about interest rates being of w! respecttusly iti he says about interest rates being of w! respect to ly iti helps with respect to definite financing, rolling of the debt we have, we 7have, certainly from we have, certainly from an that we have, certainly from an perspective, but investment perspective, but he essentially walked back some investment perspective, but he that, tially walked back some investment perspective, but he that, than walked back some investment perspective, but he that, than we will back some investment perspective, but he that, than we will back a >me gig-eligithanwewill have a �* dollar and gig-eligithanwewill have a �*dollar and has gig-eligithanwewill have a �* dollar and has alluded stronger dollar and has alluded to the fact trump is not
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to the fact that trump is not going to be involved in the fed is doing, i anything the fed is doing, i think you made that was it for reason so we can have a reason some can have in a reason sowe can have in the confidencein. theihdepehdehce the fed. what et al. a people looking through all of people looking through all of people looking through all of the nose we have on 7 dc is to 77 :-— 7there is 7 7there is going 7 7there is going to a lot volgtilit7y, i volgtilit7y, i call of near—term volatility, i call is the high volatility or market, if we see any pullbacks happen that po7licy that happen that a policy related i think they are to be short and we going to be short lived and we need focus on earnings, need to focus on earnings, which have been very, very they would 7 they would be strong. they would be looking to use any doye'hsiee2 market to use ahv dowhsideahv market on to use ahy dowhsideahv market on the to use ahy dowhsideahy market on the volatility based on the volatility opportunistically. ok, matt orton, opportunistically. ok, matt orton. good _ opportunistically. ok, matt orton, good to _ opportunistically. ok, matt orton, good to get - opportunistically. ok, matt orton, good to get your. opportunistically. ok, matt. orton, good to get your take on things. thank you.
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"ethical, safe, secure and trustworthy" under "international frameworks". but the us and the uk refused to sign. our ai correspondent mark cieslak was there. on his first trip as jd on his first trip as jd vance didn't vice—president. jd vance didh't any the pull any punches regarding the us position on aland 77:7 77— that regulation. we believe that _ regulation - regulation. we believe that _ regulation of- regulation. we believe that _ regulation of the| regulation. we believe that i _ regulation of the ai excessive regulation of the ai set the could kill a transform party just as it's set the could kill a transform party off. just as it's set the could kill a transform party | off. -as it's - set the could kill a transform party| off- -'s - set the could kill a transform party| off- — taking off. a none teoeuetl- ad taking off. a none teoeuetle - ad regulati_ taking off. a none teoeuetle - ad regulation outside - taking off. a none teoeuetle - ad regulation outside of. 7 united states. eu the lihited stateseell 22 president the lihited stateseell -- president von commission president ursula von der leyen said european 77 77w7oul7d77 7 would invest7200
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-22v;°2u(gigje'gt22'567757iiiibn union would invest 200 billion euros a public—private curate ih a publieerisats seal-2 2 2 22222 2 22 22 develop infrastructure admitted 7 admitted the eu needs to be if it's going to be flexible if it's going to be competitive.— flexible if it's going to be competitive. flexible if it's going to be com etitive. 2 ., ., flexible if it's going to be cometitive. 2 ., ., . competitive. and we have to cut red ta -e competitive. and we have to cut red tape and _ competitive. and we have to cut red tape and we _ competitive. and we have to cut red tape and we will. _ competitive. and we have to cut red tape and we will. as - competitive. and we have to cut red tape and we will. as this - red tape ahe we will to a close one of event draws to a close one of its themes of is 7 7f7§u7e7n77i7i7t7£7i7e77 77 7 7 7 7f7§u7e7n777i7i7t7i7i7e 75k 7 7 7 perhaps fallen a little bit flat as the us and the uk to the summit�*s refused to sign the summit�*s declaration. this is diplomatic declaration. this is document that amongst other a document that amongst other things supports the inclusive development of and inclusive development of ai. all now ai. all talk is now moving away from collaboration and towards competition. the race to become from collaboration and towards co ai etition. the race to become from collaboration and towards co ai superpower race to become from collaboration and towards co ai superpower is :e to become from collaboration and towards co ai superpower is on. 1 become from collaboration and towards co ai superpower is on. it ecome like al's latest seems like al's latest achievement is political point scoring. mark cieslak, bbc paris. from geneva. hello to you, cathy. what are
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your on the uk and us your thoughts on the uk and us not signing this agreement. saying it did not satisfy are savihe it did het satisfu 2 2 222 22 2 2 2 22222 �*national security are savihe it did het satisfu 2 2 222 22 2 2 2 22222 �*nati( sorry, :urity are savihe it did het satisfu 2 2 222 22 2 2 2 22222 �*nati( sorry, they are savihe it did het satisfy 2 2 222 22 2 2 2 22222 �*nati( sorry, the uk saying not 7 7 7 notthe 7 7 7 not the us. 7 7 that countries are siahal that esuhtriss are to in 7a7i space. 7 7 7a7i space. it's7 7 7a7i space. it's also the ai space. it's also understandable that countries and regions are focusing on their agenda, when see 7 when see what however wheh ueseeu�*xae 2 22 car happens in the actually car happens in the coming months and years, differences in economic the differences in economic conditions, labour markets, and countries always 7 7 always 7 different have always taken different regulatory approaches and so we geguiatory adproaches and sowe the eu has a know that the eu has a horizontal approach the horizontal approach with the risk—based framework, while has a iocusing 2:2 22.24]; 22222222 22 22 7 7the power7 7 777the7power7an7d777 7 7 777the7pow7er7an7d7suth7ority giving the power and authority to the individual sector
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specific regulators and = z 7 it to their it7to their specific applying it to their specific domains. we do know 77te7c7hnol7ogy 7 7 7 77 77te7c7h7nol7ogy is 7 7 77 77te7c7h7nol7ogy isa 7 77 that technology is a globalising it does globalising force. it does require some sort of a cord kind approach in order dated kind of approach in order for the regulations to be so we need 7 7wha7t7 7 7 77 wh;7a7t happens 7 77whs7t happens in the long to see what happens in the long run in the short term even run and in the short term even when it to how to measure wheh it forces to how tomasue the ai technology is sustain77a7bly. we need have sustain77a7bly. we need have some tain77a7bly. we need have some tain777of y. we need have some tain of common rd to have some sort of common or taxonomy, idefinition or taxonomy. because data centre and the energy consumption, electricity is growing at 50% consumption is growing at 50% anyway while the demand is going to electricity demand is going to account �*almost 3% of global account for almost as; of global demand by the end electricity demand by the end of the decade.—
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workers is calling on the government to act urgently to save the industry which lobbies for the industry. good too. good morning, sally. just describe the challenges are being the challenges that are being faced. what are the issues? faced. what are the big issues? there quite a few big there are quite a few big it's importantjust challenges. it's important iust that challenges. it's importantiust that as really challenges. it's importantiust 1 is t as really challenges. it's importantiust 1 is t as gift ly table is stok7e—on—trent, my -=77 the industry7 is home, the ceramics industry is across the entirety of the uk and, indeed, covers so many �*things as and, indeed, covers so many �* things as well,
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and, indeed, covers so many �*things as well, the other thihqs as wellrsothe 2 2 2 2222222 2 the otherthihgs as wellrsothe 2 22 222 2 2 the clay roof tiles, bricks, the clay roof tiles, pipes, sanitary ware, all those oz:.:: of 7that 7 of 7 that are sorts ofthihgs that are in the buildings that ta ke7 7 ta ke7for 7 ta ke7for granted 7 take7for granted an7d, 22 tees “2 assetsa�*ar�*i�* everyday 22 tees “2 assetsa�*ahi�* everyday things indeed, everyday things that just tv sets, none �*these things would exist because you cant steal, you can't 7 7i7/jiti7mdt77 77777 77 without ceramics. 7 7i7iti7i'ci710u'c 7ce7ra7rn7ics.7 sb, is essential ceramics is actually essential to our everyday life, notjust from cups and saucers and plates and things, from plates and things, but from solar panels and defence and solar pahels ahe detearaend 2 2 .- . - - and solar pahels ahe detearaend2 --.- .-- - .- and medical solar pahels ahe defeafeahd2 2222 222 2 22 and medical and solar pahels ahe defeafeahd2 2222222 2 22 and medical and all sort of things. are those sort of things. they are all actually by all actually underpinned by ceramics. all actually underpinned by ceramics-— all actually underpinned by ceramics. , ., �* ., ., ceramics. ok, you've made that oint ceramics. ok, you've made that point very _ ceramics. ok, you've made that point very clear, _ ceramics. ok, you've made that point very clear, robert, - 7what 7 7 7 7what a7re 7 7 7 7what a7re the77 7 7 7 7 77what a7re the7chall7enges7. .. crosstalk. high energy cost is massive high energy cost is a massive one. also carbon tax and i'm as excessive afraid with as excessive does speak highly of government does speak highly of the industry and then government does speak highly of the to industry and then government does speak highly of the to punish try and then government does speak highly of the to punishtr�* with then government does speak highly of the to punishtr�* with allen continue to punish itwith all of taxes, of race for sorts of tave: of a race-for 2222 2 22 222 when sorts of taxes ofa race2fof22 2 22 when the decarbonisation when the industry is spending hundreds
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of of pounds to predominantly than decarbonise. predominantly than rather in money, rather than govern in money. —— government money. money. 2—2— government money. �* technology and there some a switch from are some cases a switch from aaa even if gas or electricity. even if could switch price they could switch the price of electricity is so high and, indeed, the infrastructure there to connect ish't there to connect to the grid. some could 7 could never be factories could never be because of the — connected because of the — they must use gas. hydrogen there as infrastructure isn't there as an alternative to lng. a long listof thihgs that governments 77777fully aware of. 577s2111u2-22a——12 f777 22:12 577s2111u2-22a——12 f777 g? been tullyas-eare at 2 you for in terms of are youcallingforint 22 . support? figie for is m looking for is a government that stops imaging the industry 7 -777 start stepp7ing7 7 start stepp7ing7into 7 start stepp7ing7 into and 7 aha start steeeiha ates-es 2 support the help help support the industry: help to move to electrification m flm -ossible, 2a 22222— that there ible, 2a 22222 that there is e, 2a 2222222 that there is there 2222222 that there is there that 2222 ensure that there is there that you can connect to, ensuring that we don't pay highest that we don't pay the highest electricity prices in the
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7 7 that 7 7 7 thatwe 7 7 7 thatwe have 7 7 that we have system works, but 7 works, but also 7 works, but also to 7stop 7—77 high carbon imports uk ii: that the uk in a way that ensures that is a level playing that there is a level playing field. ., , �* mm counted down, which means being counted down, which means we're off the ten we're going off in the next ten seconds. thank you forjoining this morning 7 7 this morning thank 7 this morning thank you 7 your company on for your company on business today. hello. the waves onto the beaches. and those temperatures, well, we only got to two degrees liscombe in devon. where it was a glorious day with plenty of sunshine. in from the west. now, at the moment we have
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extensive cloud across the uk. there's a bit of mist around, a few patches of drizzle wednesday grey cloudy start to the day, then cold again. the western isles, but otherwise expect the cloud to stay with us. now, four to six celsius at best really. across the uk. still with some patches of drizzle late in the day. to end the day in western areas of cornwall. once that gets in, actually thursday night sees some rain
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hello. we'll show you the pictures now butjust to warn you they include flashing images. mr fogel had been detained in russia since 2021. he met president trump shortly after landing in the us mr fogel given a ill—year sentence for illegal cannabis possession — after he was found carrying medical marijuana he had been prescribed in the us. president trump said
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