also coming up markets tumble as the w. h. o. declares the coronavirus a global emergency some say the warning comes to light. and ben for one let's do business tonight at midnight britain will exit the european union but this is not the end of break that this is where the real fun begins because in the coming months both will have to negotiate a new relationship during this transition period and time is not on their side. it's a race against time. the u.k. and the e.u. have until the end of 2022 to find their new post breck's it relationship and there's still a long way to go so one of the issues that needs sorting trade is the biggest one i think the trade relation between the 2 how are we going to trade with each other are we going to have tariffs or are we not going to have types in the way that we exchange goods and services that's going to be i think the biggest thing to do a successful outcome on this key issue will depend on the u.k. agreeing to the calls for a level playing field the e.u. wants the u.k.

to stick to e.u. rules out of fear that the u.k. will lower its standards or profit from unfair advantages but for british negotiators being freed of e.u. rules is one of the main drivers for bracks it so talks will be tough in my view as a symmetrically bigger power when it comes to when it comes to trade each country the you would be losing one market the u.k. would be losing $27.00 markets. there is one element where i think the u.k. has got perhaps more of a say that is in the financial markets and that is basically longer this city has served as a major financial hub for the whole of the e.u. as the e.u. doesn't want to lose that expertise the u.k. cook used the city of london as a bargaining chip in the negotiations and then there's the issue of fishing rights that could be a stumbling stone on the bumpy road to bret's it taking back control of british

waters was a key bracks a campaign pledge but the u.k. may have to compromise if it doesn't want the issue to scupper chances of finalizing a deal with the e.u. the u.k. leaving in my view was unjustified and therefore i believe that he's going to get an economic cost for the u.k. so the closer we can keep when it comes down to the way we do trade for example the better it's going to be for both of us it's going to be an extremely tight race to get things done by the end of the year. heads the unit goshi ations of the confederation of british industries we asked if she supports london stands on it and ending freedom of movement despite it causing trade frictions so business is very pragmatic over here is as it is in germany and for us it's a case of how do we make this work and it's incredibly important that we get a system of migration into the k. that make sure that business is at skill levels can access the people that they need and whether that well that's in farming whether that's in financial services

all the way 3 different skill levels and that's something we're working with the government on at the moment that coming forward with a new proposal about sort of a points based immigration system making sure that we match people skills to the skills that we need to know in our economy and we're making sure that that is as possible so it's time for the u.k. to start striking its own trade deals around the world like with india given the 2 nations historical links you'd expect them to have strong trading ties their trade is quite small compared to the european union's total british indian trading goods was worth around 15 and a half 1000000000 euros back in 2018 that's just enough for the u.k. to almost sneak into india's top 20 trading partners but the e.u. is by far india's biggest trading partner with around 92000000000 euros changing hands in goods still india and the e.u. have been able to strike a free trade agreement themselves the u.k.

posing a hindrance of migration that has been put off those who say u.k. india deal is possible and to make london india's chief trading partner in europe plenty could stand in the way of least questions over intellectual property food safety and immigration. well reported dave chata g joins us from mumbai now india is among the countries in the u.k.'s government's target list for a new post sprague's a trade campaign what will britain be able to get out of india that the e.u. couldn't. finally depends on what kind of migration immigration policy. goes on 1st to india in the indian counterparts as you pointed out e.u. is of course india's biggest or trading partner at almost $92000000000.00 and you case much much lower but remember what the euro so you can has always been used by indian companies and in business man as a gateway to euro because of historical reasons and of course you can once in your

access to indian markets and india as a little girl like provided why did you don't relax as the immigration policy is one with the nuclear deal between you in the same of course at the india once how you are treated relations. in the economic so we are for india today pointed out that they want to be a 5 trillion on me by 2025 and free period will play a very important rule in this in this deal but what it occasions are that the indian companies will get a better deal from britain than the e.u. . well again it all depends on what a white hat what pants the old one of them for one of the top indian company told me today the c.e.o. of the indian company told me that there is a lot of uncertainty late now or grigs that for example to see years it was india because in exporter of software to do you clear me they were telling me that they are relocating some 200 stock out of you to you at the same time the world land

rover which is india's india's biggest door. maker in the u.k. what they are doing is they are transferring one of the u.k. unit to personal work here and cutting almost 500 jobs so what's the use of basically worried about is the disruption which may have come because of the immigration policies which you can follows along with you saw a lot depends on what kind of migration policy is these 2 blocks so offer to india differently briefly if we look at the benefit india's biggest manufacturing potential is textiles and the e.u. would be the bigger market that's that's a no brainer absolutely africa india is exporting almost 45 per cent of it to e.u. but the problem is the other 2 countries we have nominal parlor they not only exporting 5 bigger textiles to e.u. but they're also getting tax free status india and you have still not sane and the

kind of where he is and that is impacting india a lot is officially have a look at all of textile exporters and what they were telling me that india has to go ahead and sign of the f.t. year with you as soon as possible as you view where the f.t. agreement between india and you is now pending since 2013 and is negotiation in these 2 blocks a negotiating deal since 2007 so it's certainly something in the end you need to work on as soon as possible if challenged thank you very much for joining us on the show. stock market slump after the world health organization declared the spread of the corona virus a global emergency w.h.o. officials made the announcement author ows of discussions in geneva but they praised china's handling of the outbreak and oppose any restrictions would try to movement in the country as the events take their toll on global trade travel oil demand is expected to fall by over $250000.00 barrels

a day in the 1st quarter oil prices have already taken a hit. in the united states as a buzzing against all travel to china germany has launched in a bank you ation mission to bring back workers from who by the state where the virus broke out in beijing some foreign is a stock either few flights available cost a fortune as hardly any airlines of flying all their employees don't want them back right now. is one of them head of the e.u. chamber of commerce in china. one it's of course no fun 1st of all if the airport is primarily tools or international you have closed we are struggling to consider how to bring all of the offspring show that comfortably off of them on the asian route they have. 'd and then of course the distribution problems many counties and even villages have located to run them on and i'm sitting here and i would tell them to be and i can tell you i'm the only guest right now so if it's

not mine well i mean i want to experience. 3 dreams ours and we have to allow in the economy in in certain areas particular services in the 1st quarter and that there was a very strong rebalance for the rest of the year so i envisage a 1st quarter which is not good but again to have this rebounding capabilities for us companies be just kind of too full of trying to cope with this trying to keep all people safe people felt comfortable doing them hope for the best for the rest of the year but the 1st quarter is pretty much grim. now to some of the other business stories making news the french economy is slowing down growing only 1.2 percent last year france was crippled by strikes over the government's pension reforms last quarter demonstrations for a full in production and a slowdown in consumer spending and business investment. is planning to take over american truck micah navistar the german over maker

already owns a 17 percent stake in once the pay almost $3000000000.00 for the raised acquisition would make trying to own one of the largest heavy duty truck plays in the world. unemployment in the eurozone has fallen to its lowest level in nearly 12 years the jobless rate stands at 7.4 percent writes vary across the block with joblessness in germany as low as $3.00 and as high as 16 percent in great. and before we go on the day that britain finally leaves the european union the u.k.'s a youth movement has pulled out all the stops to make itself right up to the edge by the inching and to joy initiative the european union has traditionally used beethoven's famous he says a musical representation of the e.u. so remain as have been buying and downloading hundreds of thousands of copies by underneath a you tube stop the u.k. singles chart on the same day as the ukulele. the charts are released later today.

the spirit of the day we want to leave you with a few more bozza beethoven's ode to joy as we say thanks for watching goodbye and meister business with you. i am . i am i am i was my. body. the be.

the butt. plug. the be a and. the be. the be. the be.

the girl in the. fighting like i am. that's the mission this retired police officer. caught in the police that do anything for the emmys i said you must read. his project thank the collector leftovers from restaurants to feed the poor. to. the claims even though. they were systematically robbed by the nazis. after the war there were no signs of compensation. collectors of gotta end else sold mine. today researchers are searching for the missing works of art.

to process for the descendants of the dart gun. stores february 10th on t.w. . on the road it's our superheroes my mission is clear. to get into the coast really explore germany. does it have everything out there's a lot going on in the global public really trying to stay. true. to w. . this is it breaks it is really happening great britain is leaving the european union after 3 years of tough negotiations deeply divided country. much worse for future generations remaining. time to say good bye to our breaks this special edition. on the tell me.

this is deja vu news. more countries warned against going to china because of the coronavirus the u.s. is one of the latest countries to tell its citizens not to travel to china for some 10000 people are now infected the world health organization has declared their corona virus outbreak a global emergency also coming up.