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tv   Business Today  BBC News  February 13, 2025 7:30am-8:00am GMT

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may be a little higher. let's ta ke let's take you directly to brussels where a nato summit is under way. this is the us defence secretary speaking to the press. to defence secretary speaking to the ress. ., , , defence secretary speaking to the press-_ the press. to bring peace on the press. to bring peace on the continent _ the press. to bring peace on the continent can _ the press. to bring peace on the continent can ensure - the press. to bring peace on| the continent can ensure that europe steps forward in leadership as well as security guarantees and that america is right alongside our allies in nato to ensure we remain strong and that this conflict comes to and that this conflict comes to an end. i will take one question. is an end. i will take one question-— an end. i will take one question. an end. iwill take one cuestion. , ., question. is it a betrayal on all those — question. is it a betrayal on all those who _ question. is it a betrayal on all those who have - question. is it a betrayal on all those who have spared i question. is it a betrayal on - all those who have spared their lives _ all those who have spared their lives and — all those who have spared their lives and a reward for military dictators? _ lives and a reward for military dictators?— dictators? that is your language _ dictators? that is your language and - dictators? that is your language and not - dictators? that is your. language and not mine. dictators? that is your - language and not mine. we recognise the incredible commitment made over many years. no country, as president
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trump has pointed out, has made a larger commitment to the ukrainian mission and united states of america, north of $300 billion. the united states has invested in stabilising front lines after the aggression of russia. there is no betrayal, there is a recognition that the whole world and the united states is invested and interested in peace. a negotiated peace. as president trump has said, stopping the killing. that will require both sides recognising things they do not want to. that is why the world is fortunate to have president trump. only he at the moment could convene the powers that be to bring peace and that is a welcome sign. myjob as defence secretary working alongside nato is to ensure the defence capabilities of this alliance are as strong and robust as possible to deter any future aggression on the continent.
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that is our role, to be leaders in nato, and that is what we will continue to do. thank you. in nato, and that is what we will c goes e to do. thank you. in nato, and that is what we will c goes into do. thank you. in nato, and that is what we will c goes into do. nato ( you.
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latest from brussels, from the nato summit. we shall keep a close eye on things as they develop. now let's bring you the latest business news. starting in the uk where the economy has recieved a small boost. the uk economy unexpectedly grew by 0.1% in the final three months of last year. growth in the quarter was driven by a range of industries, from pubs and bars to machinery manufacturers, having a strong december. the ons has also slightly upwardly revised its prediction for the current quarter, now forecasting growth ofaround 0.8%. let's now talk to melanie baker, senior economist at royal london asset management. when i last spoke to you, you
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are saying you thought we would see a little bit of a contraction but actually we saw some growth. can we be optimistic?— some growth. can we be otimistic? ., , , optimistic? no. this is good news as far _ optimistic? no. this is good news as far as _ optimistic? no. this is good news as far as it _ optimistic? no. this is good news as far as it goes. - optimistic? no. this is good news as far as it goes. i - optimistic? no. this is good news as far as it goes. i was expecting consensus, the bank of england stuff as well, a very small contraction in gdp. instead a small increase in the level of output. then you dig into the
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and president trump talked about it several times during press conferences or when talking to reporters. he said india even called a tariff king. so these are some of the comments he was making. now, what he wants to do is to bring down the deficit. so he would ask india to import more from the united states. on the other hand, because the two countries also share very strategic ties — military ties. in the last 1520 years, things have improved dramatically. —— in the last 15—20 years, things have improved dramatically. so what india also wants is to keep united states on its side, given that it's increasing rivalry with china, the other asian giant. so they want to have a closer trading ties. so us wants india to reduce tariffs on a number of items. for example, like india has already announced that it is likely to
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bring down tariffs for harley—davidson motorbikes. so what us can offer probably india wants to buy more of hydrocarbons, like petroleum, because already it's now buying from russia and from the gulf. probably they want nuclear energy to investments in nuclear energy, so that the india and us signed it has not been really implemented because so the tariff will be one of the key things from prime minister modi. um, in terms of the business leaders talk us through those. so the main thing is one of them is about qualified people to the us. it's called h—ib visa, where it invites these qualified us us invites, qualified
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professionals. and most of these visas, they go to indians. and then now india wants these restrictions to be already on this because it provides an opportunity for tens of thousands of indian software a
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the constant explosions at war. the constant explosions are a reminder of what is at stake for those living close to the front line. after three years of all out war, kramatorsk has seen many deaths, but vita has chosen to take the risk to come back. it is hard to explain. when you see your walls, although they are shabby, dirty, it's all yours. since vita's return, there been a missile attack they have a grooming salon.
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luckily, it wasn't damaged.
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here
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live from london, this is bbc news. donald trump says he'll meet vladimir putin face—to—face — for talks about bringing an end to the war in ukraine. i think we're on the way to getting peace. i think president putin wants peace and president zelensky wants peace, and i want peace. i just want to see people stop getting killed. president trump's new defence secretary makes his message clear to other nato ministers at a meeting in brussels. the war in ukraine. the aggression by russia has been a factory reset for nato. a realisation that this alliance needs to be
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