exports cheaper since the brics it reference. earlier i asked our financial correspondent whether these fresh figures have proven the bracks a doomsayers wrong course the industrial output is a very important figure but also other things need to be taking into consideration just this week it was also released at the british inflation rate it's at the highest point at the moment since april two thousand and twelve also housing prices a very important factor for the economy as well has not half not gone up again after the brics that referendum so with this latest news breaks that supporters might say that the end everything is going to be good for the u.k. but analysts here do have grave doubts about this then your cope reporting from frankfurt there now agreement put in jeopardy after the united states was drew earlier this year is one step closer to completion japan's economy minister told reporters that the eleven nation still committed to the transpacific partnership or t p p have agreed on the basis for a new deal but that wor

powers are arguably to the fore a new world as it were brics is a blessing to us because we're in the articulation of our policies as a public policy so you will find that we rely on we were building a lot of relationships with brazil we're building a lot of little russia so i hope it was more it would have a good relationship our treatment comes from india and so on so that's pretty obviously we are all biggest trading alike and it is tell you that in russia that vetoed in july two thousand and eight that featured the security council when it wanted to impose further and more crippling economic sanctions are going to zimbabwe so we do have this relationship this fraternal relationship britain voted presumably to hurt britain well everybody wants to have an influence in africa because. of the resources it depends on the relationship the relationship we had with russia the relationship we had with china was also because they were. funded or independence they were the midwives that brought in our independence we've seen beijing and moscow encouraged traitor but when nato nations really

a billion pounds because of their actions what is the power of the tea shook right now in stopping brics it actually happening it is no part in the question for the irish government is this do you cooperate with the british government in leaving and meeting that demands of the people of the united kingdom and leaving the e.u. and work with us to make that as pinless as possible for your country or do you burnish your e.u. credentials and a lot of the bureaucrats to take it that they will make life very difficult arland will suffer more than the united kingdom will suffer and very brief you. seem to be raising the public. possibility of there being no bricks at all what is that sure about well it shows that it shows the very naive and foolish man there will be because first of all the people of the united kingdom who voted for what the government of the united kingdom is legislating for at the they're negotiating for a minute quite clear that have come the twenty ninth of march two thousand and nineteen there is still resistance to it from the european union and we will leave or noted sor

actually has to pay for the brics that will there have been numbers in the room of up to one hundred billion euros and that would be also already something very expensive even for a strong country like the u.k. and there's still so many unanswered questions at the moment also we have to take into consideration that so many companies have already announced to leave the u.k. if we are really going to see a break said so at the end i do at the feeling of course this is not going to diss troy the u.k. but of course starting with you know a real record at least at the beginning it's going to be turbulent and a little bit bumpy for the country it's going to be a bumpy road for sure thank you very much. u.s. president donald trump is in vietnam at the apec summit of asia pacific leaders where he's been stressing his american first message she said he's open to bilateral free trade talks with all of the apec members but he said the u.s. would not tolerate what he called chronic trade abuses with the region pushing ahead with the free trade deal without the u.s. drums policy could make him th

russia has the reach and the responsibility russia can russia does not just secure the best possible brics it now facebook say that they will respond with their information to the committee by early december while twitter says it will respond in the coming weeks and most exacting maria's claims of russian meddling in the u.s. in late october the same tech giants testified to congress. we determined that the number of accounts we could link to russia and that were tweeting election related content was comparatively small. aggregate these ads and posts were a very small fraction of the overall content on facebook but these videos most. of commitment and a lack of genuine effort and that just one do we could we could have done more but . the government is using russia as a discredit looking for a needle in a haystack and trying to find the haystack the sense it's another distraction the failing politicians are putting. the french president. on a three day. and worry if a national is in paris for r.t. with the latest on president micron's tour of africa. wasn't told smooth and read about cohen

well european business leaders are getting increasingly in the us over the lack of progress in brics of negotiations britain least the e.u. in march twenty ninth teen and prime minister to recent days has been meeting with fifteen business groups from across the bloc today hoping to calm their nerves and not move overseas but they instead want to terrorism a hard to breaks it would be fatal for industry because the asians with the e.u. are deadlocked with still no hint of how things as basic as customs procedures will

nano clarity when it comes to the brics and bill only a couple of days ago the e.u. has given britain a deadline of two weeks to come up with something tangible but the u.k. won't budge why not. well for the u.k. money's clearly the trump card it's really the biggest card they can play and they want to keep this card close to their chest as long as possible because it's really the leverage that they have over the you who wants to extract the money wants to get as much out of out of the u.k. as they can so they want to come out with a figure with a more concrete sum as late as possible also for that reason me it is obviously a very very touchy subject because some people here in the u.k. think that well actually there is not no money owed at all to do the e.u. so widely different opinions as to what britain should pay and trees amaze very much also held hostage by the bric cities in our own cabinet so it's in her interest to keep it as vague as possible for as long as possible all right big mass there from london thank you so much for this and to japanese technology g

well this is really about parliament trying to have its say there was so much talk about brics it is about giving power back to the u.k. now parliament wants to have this power they want to have a say for example on the deal they don't want to be excluded from the government's negotiation with the e.u. they want to have a dia they want to have a say also on the exit day for example to say well if there is no deal in time then it must be possible for the government and for parliament to say no just negotiate a tiny bit longer so they really want to have the power to scrutinise the whole bricks and process as for two reasons may's government because there is quite a lot of consensus amongst a lot of m.p.'s who voted to remain and who are fighting for to remain in the e.u. they do want to take this power and they don't want to let the government get away that effectively also fighting against the brick city isn't the government so if those people really clump together and if they defeat the government in parts of this bill that obviously weakens to reason may further it's not a good pos

russia has the reach and the responsibility russia can russia does not to secure the best possible brics it the day after may's claim with the times newspaper alleged russian interference in the brics to vote one example was a supposed russian whose profile didn't fit a typical british political observer yet posted or read tweeted nearly one hundred posts mentioning praxair and the political and media scare mongering may have now actually had an effect as polly boy who investigates. in recent weeks and days the british media has been heavily focused on the lack of progress the brags that talks on the problems facing to raise their maze of government the russian interference story has drawn the fire away from all that and now media outlets can pour over the question of how many trolls does it take to incite a revolution not many according to everyone we approached to discuss this story in london do you think four hundred twitter accounts from from russia is enough to change the outcome of the referendum here in the u.k. well i think it could i think it could sort of and the could be a lot

after brics it but not normal work because last week the brics it secretary said he would guarantee free movement for bankers postscripts it other any other groups to whom the prime minister believes freedom of movement should apply. don't just teach . scientists agricultural workers care workers. the u.k. pm said corbin copied his questions from the british liberal party something those on the radical left may well be worrying about given his m.p.'s don't seem very socialist i'm very interested in the right honorable gentleman has found that he.

on trait to happen next month differences also remain on issues over rights of citizens affected by brics it and the irish border well britain's chief breaks that negotiator david davis did confirm the u.k. will not create a border between northern ireland and the republic in the south as part of a deal with the european union well here's what david davis had to say after the tux. there's no doubt that we have made and continue to make including this round significant progress across a whole range of issues across the board that may prove progress towards resolving some really difficult questions. that course will continue. between now and december. an upbeat sounding minister david davis and he is in brussels covering those talks all right barbara give us the unvarnished version is boring you're taking this course by giving out what amounts to an ultimatum. oh yes because it had been known in brussels for a while that there would be about window of opportunity till the end of the month for britain to step up and deliver on its financial obligations however it had not until today been exp

s chief negotiator says he won't rule out a no deal scenario that could potentially mean brics the talks could collapse entirely and pressure is also building on may with rumors that forty members of parliament are preparing a letter of no confidence that number is just eight short of the total needed to force a new leadership election within our very own conservative party discussed to reason may's predicament with political commentator adrian yelland he says the focus on russia is there to distract attention from issues surrounding that. people talk about more debt but she chose instead to focus on the issues with russia you haven't got much you need that frankly looks like the european union and you care both preparing for a no deal on threats it's what we could see you know that you can crashing out of the european union and european economic area on the deal which will massively impact the economy and i think that. britain is in a place where it itself is quite at least a part of and i think that you know talking about russia at this moment in time perhaps is a useful deflection for

russia has the reach and the responsibility russia can russia does not to secure the best possible brics it. comes on the back of a tough week for domestically tourism a continues to be hounded by m.p.'s over bricks at negotiations which seemingly yet to yield any real positive results for the u.k. so much so in fact that the e.u. chief negotiator says he won't rule out a no deal scenario that's meaning brics at talks could ultimately collapse entirely and russia's also building on mrs may with rumors that forty m.p.'s are preparing a letter of no confidence that number is just short of the total needed to force a new leadership election within her conservative party will discuss the issue with political commentator and he believes she focused on russia to distract attention away from issues with bricks and. mortar but she chose instead to focus on the issues with russia you haven't got much you need. the european union and the u.k. are both preparing for a no deal on what we can see you know if you can crashing out to the european union and european economic area on the all which will m

after brics it but not normal work because last week the brics it secretary said he would guarantee free movement for bankers postscripts it other any other groups to whom the prime minister believes freedom of movement should apply. don't just teach . scientists agricultural workers because. the u.k. pm said corbin copied his questions from the british liberal party something those on the radical left may well be worrying about given his m.p.'s don't seem very socialist i'm very interested to the right honorable gentleman has found that his appearance is a problem is this question's been going so well he's had to borrow a question from the leader of the little democrats who have been not predicting the jury's amaze chancellor was about to dispense with new liberal talk of balancing the books wanted to know where britain's wealth has disappeared to he asked about all the billions in cash stored away in tax savings that could be used to pay for basic social services in a country where perhaps one hundred twenty thousand children will be homeless this christmas would britain seek to emulat

no no clarity when it comes to the brics and bill only a couple of days ago the e.u. has given britain a deadline of two weeks to come up with something tangible but the u.k. won't budge why not. well for the u.k. money is clearly the trump card it's really the biggest card they can play and they want to keep this card close to their chest as long as possible because it's really the leverage that they have over the you who wants to extract the money wants to get as much out of out of the u.k. as they can so they want to come out with a figure or with a more concrete sum as late as possible also for that reason me it is obviously a very very touchy subject because some people here in the u.k. think that well actually there is not no money owed at all to do the e.u. so widely differing opinions as to what britain should pay and three's a maze very much also held hostage by the brics it isn't our own cabinet so it's in her interest to keep it as vague as possible for as long as possible all right big mass there from london thank you so much for this. chinese shopping gia

as seventy billion dollars peter sharp reports time does appear to be running out for the british brics negotiators as the representative field in this question at the end of the second day of talks in brussels. to confirm for me that you will need. clarifications or concessions whichever you prefer from the u.k. within two weeks in order to move on to the second phase in december. my boss who eat my response says michel barnier is yes in december either leaders in brussels will decide whether sufficient progress has been made if the two sides are to move on to discuss important future trade deals we remain ready and willing to engage as often and as quickly as needed to secure this outcome over the weeks remaining ahead of the december european council. the united kingdom will continue to engage and negotiate constructive as we have done since the start but to the prime minister's exasperate the former british ambassador to the e.u. left open the possibility of leaving breck's it altogether it's not inconceivable he said we can change our minds at any time while we're in where. well th

after brics it but not normal work because last week the brics it secretary said he would guarantee free movement for bankers postscripts it other any other groups to whom the prime minister believes freedom of movement should apply nurses don't just teachers scientists agricultural workers because. the u.k. pm said corbin copied his questions from the british liberal party something those on the radical left may well be worrying about given his m.p.'s don't seem very socialist i'm very interested that the right honorable gentleman has found that his appearance is a problem is this question's been going so well he's had to borrow a question from the leader of the liberal democrats corbin not predicting the jury's amaze chancellor was about to dispense with near liberal talk of balancing the books wanted to know where britain's wealth has disappeared to he asked about all the billions in cash stored away in tax havens that could be used to pay for basic social services in a country where perhaps one hundred twenty thousand children will be homeless this christmas would britain seek to emu

housing prices a very important factor for the economy as well has not half not gone up again after the brics a referendum so with this latest news breaks that supporters might say that at the end everything is going to be good for the u.k. but analysts here do have great doubts about this then your cope reporting from frankfurt there now in greenland put in jeopardy after the united states was through earlier this year is one step closer to completion japan's economy minister told reporters that the eleven nation still committed to the transpacific partnership or t.v. pete have agreed on the basis for a new deal but that work more work needs to be done he made the announcement during an asia pacific forum in vietnam among the guests at the summit was us president donald trump whose decision to withdraw from t p p called the entire agreement into question used the opportunity to lash out at countries he accuses of unfair trade practices. donald trump came to talk tough on trade and he delivered signing his position on countries this time a name he accuses of engaging in on whatever practices

was wheeled were clearly british territories and therefore this is a key question with the upcoming brics it discussions so i believe british banks investment funds insurance companies they have a strong interest to keep market access to the e.u. twenty seven and we should clearly make that conditional on closing down the tax haven business around the u.k. and joining us now from the international consortium of investigative journalists which exposed the paradise papers his job while gerard thank you very much for joining us it hardly comes as a surprise that wealthy individuals and firms are avoiding taxes so what exactly do you expect to come from these latest revelations well i think it's another blow to the secrecy that's being afforded by tax havens i think that's probably the first and most important thing but maybe you know by repeatedly embarrassing people we're looking at they are the richest people in the world here they're the biggest corporations in the world and really what we're showing is of you know all of this talk of politicians over the last couple of years to try and c

isles and above all in terms of inflation everything that's imported is now more expensive since the brics it because the pound the currency has fallen so drastically at the moment it's around fourteen percent below where it was before that back said vote investors worldwide don't just want that confident that the british economy would make it through unscathed and that's basically the case the british economy is weak so this is an interest rate hike out of weakness believing that with higher interest rates the pound becomes stronger and buying power returns at least a little bit inflation goes down leading to a healthier economy but i guess this would also hurt brits. it would hurt those with a mortgage for example anyone with credit on their books and for many people a report said today you know people who took out a mortgage in the last ten years for many of them it will be the first interest rate hike and they will be looking who can i afford the mortgage with perhaps more interest rate hikes coming for savers different story other side of the coin they're looking at that better yields

trade off the brics it of course and the uncertainty is weighing on the british pound which extended its decline just against the euro to just about one euro twelve currency traders are spooked by the prospect of political instability that following a story in the sunday times which claims that forty british members of parliament have agreed to sign a letter of no confidence in prime minister to resign may and there are also concerns that a preliminary breck's a deal will not be signed by december this year more than half of land in germany is devoted to agriculture and while individual farms are getting bigger the number of people employed in the sector is shrinking and that's created a gap in the market for big powerful and most of all high tech machinery of the world's largest agricultural technology fair currently underway in hanover it's all about making pharmacy lives easier. an unglamorous task made easy this robot can clean up manure and sweep stables it's made by a company based in western germany the prototype is among a host of high tech farming products on display at the

really manage to cope with a very difficult year quite well and it's also facing the brics it challenge quite actively and quite creatively easy jet has registered here on the european continent it has a legal seat in austria and it has registered aircraft and that might allow the company to cope with the possibility that the two sides the u.k. government and the european union fail to come up with a comprehensive agreement for the traffic for the airline sector. so that's something that's also rewarded by people of the markets and by many analysts looking at easy jet and conrad is the market still interested in the unfolding political drama here in germany. absolutely after the chancellor angela merkel talked about how she prefers fresh elections to minority government of course more and more people here wonder what has to happen until this starts weighing on sentiment the german chambers for industry and commercial say that business is at the moment in germany are much less optimistic than they were at the beginning of the year next friday we'll get an update of the evil index of busi

be discussed because the european union always was very clear if we don't have an agreement on the brics a real those talks are not going to continue you quoted from the financial correspondent in frankfurt thank you. and if there really is a break as a breakthrough you'll hear it here on lasting business. entering the conflict zone a new president has taken the oath of office in zimbabwe but you see any different from the old one my guest here in london is nick by one of the u.k. representative of the country's ruling zanu p.f. party with thirty five years of bloodshed on the house and an economy it really has no business to they have continuing to adopt a. new deal. every journey begins with the first step and every language with the first word published in the. eco is in germany to learn german why not learn a simple online on your mobile and free shop from d w z e learning course he can speak german made easy. sustainable protection for the earth ideas designed to preserve our ecosystems they exist around the. global ideas takes the next step protection for our planet's biological di

when you look around you've got separatist movements in europe catalonia you still have the ongoing bric signal goes the asians there don't go anywhere yet business is a confident why you're mentioning those troops in risking their more so the election which is coming up in italy at some point will be a risk and we also have to take a look and see beyond europe american situation protectionism in the united states is a risk but it seems to me that it's a moment no they are optimistic that politics and the voters will hold. for example we see tax reforms in ited states that could be improving for the economy so if they have a reduction in the in the text but it could also be the border just protects it is out but there's an excise tax which is debated said would be a real risk for an economy like the german man which so heavily depends on exports so you do see pitfalls along the way because i mean germany with been talking about that now for years we're getting used to a strong german economy it's been like that for years companies have been posting record earnings also not just in the la

be discussed because the european union always was very clear if we don't have an agreement on the brics a real those talks are not going to continue you are from a correspondent in frankfurt thank you. the bosses of foreign businesses operating a joiner complain the communist party is trying to infiltrate their boardrooms to gain control over management decisions a german industry body wants the chinese government is increasing its influence through party councils set up inside those companies are required by law were previously seen as solely symbolic we'll talk about that with an industry representative in a moment first a look at what's at stake for german firms china being a huge market for them which is critical for many of the best multinationals for for example employs ninety five thousand workers at its factories in china bosch the engineering company is also a major force with sixty thousand people on its payroll there zeman says just over half that some five thousand german companies in all of operations in china last year alone they invested six point seven billion euros they

russia has the reach and the responsibility russia can russia does not want to secure the best possible brics it. the day after may's speech a group of researchers claimed russia had set up hundreds of accounts to influence the bags of vote artie's point looks into the story for us in recent weeks and days the british media has been heavily focused on the lack of progress at the brags it talks on the problems facing to raise their maze of government the russian interference story has drawn the fire away from all that and now media are out and that could be a lot more yeah i believe there is sometimes and this was the way the foreign secretary put it on. the. evidence of the ninety's. but that doesn't matter because if you ask a man months is most likely evidence russia russian territory but that's not the celebrations and he now deleted you. guys says russian bly they're not crafting some story of you have allegations made by someone else who benefits from this there is absolutely specious idea that somebody is going to go through all of this work to make some some stranger and some cryptic a

people so they are basically trying to well see how much and how close they can get because of the brics said they will have to somehow stay close to the united states and look at the timing of this dispute is bad it comes as terrorism it is in the middle east where she is trying to win business well yes to reason may is in the middle east she's been in iraq she's also been visiting british troops there so it's not just about business that at least were the words she would say and so far she has been quiet and we've heard this statement on twitter yesterday but nothing so far and it remains to be seen if she's going to try and do something more later today. begin last in london thank you very much. december is upon us and that means the christmas season in new york stock and the city officials gathered to make it official with the man flipping the switch on the christmas tree at rockefeller center that's it for me i wouldn't even now with some music to put you in the festive mood a little gad we have business news for you. they make the.

reporting that the european union and the united kingdom have reached a deal on what's become known as the brics it divorce bill that's the amount that the u.k. will pay the e.u. to leave london has reportedly committed to paying a share of future e.u. budgets as part of its exit bill borders was quoting a senior e.u. official with knowledge of the agreement the lawyer for a former bosnian croat general who dramatically took his own life inside a u.n. war crimes tribunal courtroom yesterday says she doesn't know how he brought in the fatal liquid slobodan broadchurch drank a substance containing a deadly chemical after his guilty verdict was upheld now in croatia opinions are divided muslim victims of the war voiced hope that the verdict would help reconciliation in bosnia but many croats feel that the guilty verdict is unfair. hundreds of person in crowds gathered for a candlelight vigil in central must one of the keep battlegrounds during the former yugoslavia is years of civil conflict they came to mourn a man the international community called a convicted criminal for his one time comrades t

asia oceana africa or the rest of europe by the way i mean even though we have the brics that sentiment over there you think about what they're doing these eight hundred miles of roads these thirty five different freight lines and high speed rail in new airports it's not just going to eurasia those things are going then into europe so europe's going to be looking at it from a bottom line perspective what is the economic impact and all those goods that are produced now in central china and western china as opposed to having to go east you know from the seaports on eastern china and go through the straits of malacca they're going to go west on a rail and are going to get to europe quicker and that's already cheap because the labor costs in china but then it's going to be cheaper transportation so i think the other nations particularly in europe are going to be looking at this and say whoa this is a pretty good deal not too bad how would do you think this went bump them up to the top of the heap as far as the world's economies the u.s. is one you think it's going to cost to overtake that i

he was trying to make but of course the back close to with all these very difficult negotiations on brics it between the united kingdom and the european union. why do you think it would also join in here day at this moment. well i think it's an issue that is perhaps of particular personal concern to him given his background and i suppose he wants in some ways to reach out to the united kingdom. i think from his point of view you would want to see these negotiations to be successful and therefore talking about the security issues is one way of offering some kind of reassurance to the. you were you surprised at the type of language it's a reason why you used to mean calling russia a hostile state saying it's trying to tell our collective sort of states apart in europe i mean she's not mincing of words there but again she uses this sort of language and doesn't back it up with specifics. well i was quite surprised the language i mean i think to talk about russia or the hostile state is very strong language indeed because form would hope you know for have a constructive relationship between th

again raised the specter of state attempting to influence not only last year's us elections but the brics it vote here in the u.k. but while perceived state adversaries like russia and china get the blame in a west rattled by economic crisis what about now arguably bigger threat to enlightenment values than cold war bogeyman what about multi billion dollar tech giants joining me now is your co-founder of opera and value technologies yawn welcome to going underground to google chrome used by most of humanity i think came out number one is the browser of choice why should we be scared of using google chrome i think i mean it's important to have a choice and i actually think that everyone is using one tool it's unfortunate anyway and so but we do have a choice you have a choice and you should be using my browser as an example of that product placement or product placement but i mean it's not really about product placement it's a question of i think it's good to have a choice and i think everything going through one system is a problem in some ways i'm less concerned on the browser side than

for years, the brics countries -- brazil, russia, india, china and south africa -- were seen as key playersn the next phase of globalization. their economies were booming and their populations were becoming more affluent, shifting many out of poverty. but in 2017, things look very different. while, india's and china's economies continue to grow, the others have fallen behind. brazil in particular is in deep crisis. many brazilians are out of work. by mid-2017 the number of unemployed reached 14 million. that's more than ever before. reporter: central rio, just after 4:00 a.m. these people are called semtetos, or "those without a roof." there have never been so many. gilson de oliveira dias is one of at least 20,000 homeless people here. for 30 years, he worked as an unskilled laborer, but he lost his job last december. without work, he lost his home, and didn't receive a penny from the state. gilson's greatest fear is that the authorities will now take his four-year-old daughter away from him. that's why the child and her mother, helen, stay with a friend as often as they can. but there's n

people so they're basically trying to well see how much and how close they can get because of the brics it they will have to somehow stay close to the united states that was the london correspondent a big mass let me bring you up to speed with some other stories making news around the wild body remains on high alert for volcanic activity at mt flights have resumed after a three day airport shutdown on the indonesian island thousands of foreign tourists have been stranded there but a shift in the wind direction blew away ash and smoke that had posed a threat to the aircraft protesters in the philippine capital money to have held a rally against president got bigger tertius plans to launch an unconstitutional crackdown on his opponents the protest was organized by various rights groups they also condemned the possible return of police operations in detail it is war on drugs. joins me now and does the world economy need to steal itself against another trade war. conference today is successful yes trade ministers from g twenty countries have.

russia has the reach and the responsibility russia can russia does not to secure the best possible brics it well her message does come on the back of a tough week for her domestically to resume a continues to be hounded by employees over her breaks in negotiations which is seemingly yet to yield any real positives for the u.k. so much so in fact that the use chief breaks it negotiate or says he won't rule out a no deal scenario meaning breaks it talks could collapse entirely pressure is also building on may with with rumors that forty m.p.'s are preparing a letter of no confidence that number is just eight short of the total needed to force a new leadership election within her conservative party we discussed the p.m.'s predicament with political commentator adrian yelland and he believes she focused on russia to distract attention away from issues with brakes it. more depth but she chose instead to focus on the issues with russia you haven't got much you need it frankly looks like the european union and you both preparing for a no do your own sort we could see you crashing out of the eur