if you go to the live aid, the today programme has had the wto, the world trade organisation director—generals been talking about the no—deal brexit scenario, he said britain will have to trade with the eu on world trade organisation terms, and this will come with its challenges. he told the today programme there is a number of preferential rules applying between the uk and the eu which will disappear. the impact of that, there will be an impact, larger or smaller, depending upon the sector. scott morrison will soon be sworn in as australia's new prime minister after malcolm turnbull was forced out by party rivals in a bruising leadership contest. last week, a row over energy policy ignited long—existing tensions between mr turnbull, a moderate, and his party's conservative wing. mr morrison says he will make the drought his priority. phil mercer is in sydney. it has been an absolutely to mulch is weak. what do people make of scott morrison and his promise with regard to the drought as his top priority. first of all, ask yourself if australians are actually paying attention to the words comin

world trade? they do have power but their powers take a long time to come through. a lot of what is going on at the moment will be referred to the world trade organisation for those countriesabout our twitter question. we were talking earlier about apple and the fact that it has now asked for a pate and regarding what could end up being technology... we have asked people to tweet. we have had lots. many people very negative. a lot of people very negative. a lot of people talking about the fact your phone or iphone has batteries. what happens if you go to passport control and your iphone dies. you never find anywhere to charge a phone. do you use your iphone at airport? you will be looking at how many dots people have on their phones! where do you stand on technology friday?” suspect this will happen. we were concerned and nervous about all the things we're happy to use for now andi things we're happy to use for now and i suspect this will come. hell no, says one viewer. there are a lot of security concerns. can we talk quickly about beards? the razor industry, apparently, is upset because beards are back. that has impacted the sales of razors. we should have brought andrew

but the world trade organisation, the wto has warned that trend is about to come to an end. exports. slowing cars sales, and increased trade tensions. free trade has enriched many nations lifting millions out of poverty many believe the world trade organisation system is outdated. including president donald trump. he's threatened to expand tariffs on beijing to half $i trillion which pretty much covers almost every product imported to the us from china. the international monetary fund has warned rising trade tensions between the us and the rest of the world could cost the global economy some $430 billion with america especially vulnerable to an escalating tariff war. the us imposed 25% tariffs on $34 billion of chinese stuff, ranging from tractors to handbags, even umbrellas. and that prompted beijing to retaliate in kind. aaron heslehurst is at london gateway — part of the port into the capital. ifi if i can have a look at your lovely face, why are you at the london games way and why is it important for the uk trade industry? the clue is in the name, here i am, i wanted to s

free—trade deal is what we wish for, it's also wholly feasible for the uk to trade using world trade organisationnce the credit crunch, banks been working ha rd to credit crunch, banks been working hard to get their finances into shape. rbs has recovered from its near death experience a decade ago and now looks like a normal bank again. but the boss of rbs says the uncertainty of brexit is holding them back. the things that we are preparing for is a no deal. and we are holding very strong levels of credit and we have seen at capital position as the best in the marketplace now, so we are preparing this bank for a very, very slow time in 2019 but let's hope we get a deal that actually helps the economy. many companies say they don't know how to plan for brexit. they want the government to speed up the publication of advice telling firms what to do if there is no deal with the eu. but the bank of england says people don't have to be concerned about the safety of their cash. people will have things to worry about ina people will have things to worry about in a no—deal brexit, which is still a relativ

when he puts it in context he says they blinked, britain going to world trade organisation rules would harm them. however he also warned it was a typical eu trap. it is a non—story. was a typical eu trap. it is a non-story. you must be an expert after listening to hours of house of lords debates. the house of lords ta ke lords debates. the house of lords take this seriously and has well informed debate about it, it would not have made much of that. but he was saying this is not the norway model, but the jersey model. mr campbell bannerman says we would be tied to all their rules and regulations, common benefits system amongst other things, precisely what we are trying to get away from. let us move we are trying to get away from. let us move to the left teeth. bat to that ft. life expectancy has reached a plateau. we are not going to follow. people started to believe that we would all get to live forever, nothing to do with how we behaves. the report mentioned here, life expectancy has slipped, profits of insurance companies have soared, self—inflicted wounds. obi city. dementia is not

showing what preparations are being made for no deal, no deal would mean britain reverts to world trade organisationu such as america, for example. and show how this preparations are progressing. 0f show how this preparations are progressing. of course, britain has been a member of the european union for many decades so things like safety regulations, supply chains incredibly interwoven. untangling thoseif incredibly interwoven. untangling those if there is no kind of deal has been described as trying to remove an egg from an omelette, so very complicated. but we are going to see if things like the pharmaceutical industry, financial services, farming, how all of those sectors will be affected if there is no deal. kamalahmed, thank sectors will be affected if there is no deal. kamal ahmed, thank you very indeed, economics editor. removing an egg from an omelette? many might say we have scrambled egg on the menu at the moment! laughter ana cuddeford is investment director at m&g. welcome. we were all listening to kamal ahmed and it's a very significant day in this brexit saga. at how helpful is it, do

bloomberg online, and us president donald trump who threatened he would pull america out of the world trade organisationso focusses on trade and talks between canada and the us over renegotiating the nafta trade agreement. pressure is growing on canada to agree to the new pact after mexico signed a deal with the us. the new york times looks at how the rise of technology companies such as aianb and uber are fuelling an explosion in tourism which is being blamed for overcrowding in many popular european travel destinations. will cities limited the number of people coming in? in the ft, wonga, the uk's largest payday lender, is to file for administration after it was overwhelmed by a surge in complaints from former customers. and finally on front of the independent, it's the new dance craze they're calling the maybot. uk prime minister theresa may ended her trip to africa by entertaining onlookers in kenya with her special moves. so let's begin. with me is priya lakhani, a founder and ceo of century tech —

meanwhile, donald trump has threatened to pull the us out of the world trade organisation if it doesn'tthe us president has frequently criticised the trade body, saying it disadvantages the us. one of russia's best—known singers, the baritone iosif kobzon, has died of cancer. he sang for stalin at the age of nine, and became a superstar in the soviet union, his career continuing through the 1970s and 80s. he was sometimes known as the ‘soviet frank sinatra.‘ the russian foreign ministry described him as "a human continent." hugely patriotic, seen by some as a propagandist, he was a prominent supporter of president putin and his annexation of crimea. brazil's president is now saying it would be "unthinkable" to close the border to venezuelans fleeing political and economic turmoil. michel temer had suggested brazil might start limiting the numbers allowed in. hundreds of thousands of venezuelans have fled their country's economic and political turmoil, and the exodus is threatening to overwhelm neighbouring states. lebo diseko has more. this was not what they had hoped for when they left

president trump has threatened to pull the us out of the world trade organisation if it doesn't, in hishape up". the president has frequently criticised the international trade body, claiming it disadvantages the us. french prosecutors are investigating allegations that the actor, gerard depardieu, raped and sexually assaulted a young woman. media reports say a complaint was lodged on monday by a 22—year—old actress. she says the 69—year—old assaulted her on two occasions this month at his paris home. through his lawyer, he's denied the allegations. around 2,000 far—right, anti—immigrant protestors have demonstrated in the city of chemnitz in eastern germany, for the third time this week. tensions have been raised by the killing of a german man early on sunday, blamed on an iraqi and a syrian immigrant, who are now in custody. the bbc‘sjenny hill reports. it is not what angela merkel wanted. extremists on the streets, nazi slogans in the air. "lugenpresse", they shout — lying press. this city is caught between grief and anger. this is where a german man fatally stabbed by, it is believe

they argue that the extra tariffs were against the rules of the world trade organisation as the rift are the options that turkey has at the moment, an hike which president erdogan sees as the mother of all evils is not likely to happen. he might seek help from the imf, following the example of argentina, but that is not likely either as it will have strings attached and it will be frowned upon in turkey. there is a feeling that the quickest and most efficient step is to ease the tensions with washington, and for that to happen, washington expects an american pastor currently under house arrest in turkey to be released and sent home. 0therwise washington warns more sanctions could follow. selin girit, bbc news, istanbul. the sun bbc news. soon to come, checking up on china. we are on board an american military plane in the south china sea. as the lines of fans became longer, the police prepared for a hugejob of crowd control. idi amin, uganda's brutal former dictator, has died at the age of 80. he's been buried in saudi arabia, where he lived in exile since being overthrown in 1979. t

have been reporting today in the programme, america was also threatening to pull out of the world trade organisation probably most people think are likely at this stage, but it is certainly a big issue for america, this asymmetric relationship where people have free trade deals with america that give them more than america gets, and america wants to change that type of relationship, and i think broadly, i interviewed roberto azevedo, the director—general of the world bank, they want to take america that will journey. thank you, we can leave it there for now. we're going to have a look at our twitter pages soon. we're asking people whether the end of wonga has been a positive thing or not, whether we need payday loans. quite a few tweets have come in already. a lot of people saying that they know the interest rate are exorbitant, but sometimes you just need to be able to borrow a little to get you through the end of the month. some people don't like the idea payday loans, high interest rates, so we'd like to know what you think about that. get in touch with us on the hashtag #bbcbizlive. in a moment

entire post—second world war order of international institutions, whether it's the eu, the world trade organisation alliance. the mere idea of international cooperation and coalition, for all its faults, we should hope the un survives as a vehicle that can be used when it works. it is important that it isjust physically there and that there are places where people can get together and talk informally and off the record. if it didn't exist... in fact, nikki haley, who is one of the more effective members of the trump administration, although she does it brashly, but she engages. it is one of the few islands where real diplomacy still happens in the american administration with other countries. it needs real debate that can be seen. you mention the united states. in any discussion about kofi annan, we talk about what the united states has been up to on the international stage. last weekend, we debated the views of the former british foreign secretary boris johnson about what some muslim women wear. but before that, let's talk about trade and the implications of all this. there are other questions ove

they argue that the extra tariffs were against the rules of the world trade organisation as the rift the two nato allies defend. —— the rift between the two nato allies defend. these are the options that turkey has at the moment, an hike which president erdogan sees as the mother of all evils is not likely to happen. he might seek help from the imf, following the example of argentina, but that is not likely either as it will have strings attached and it will be frowned upon in turkey. there is a feeling that the quickest and most efficient step is to ease the tensions with washington, and for that to happen, washington expects an american pastor currently under house arrest in turkey to be released and sent home. otherwise washington warns more sanctions could follow. a lot to discuss there. but pick up some of those points. let's speak to dr esra ozyurek from the london school of economics. she is chair for contemporary turkish studies at the university's european institute. thank you very much for coming in and seeing asked. the relationship between turkey and the us has been deter

they argue that the extra tariffs were against the rules of the world trade organisation as the rift nato allies deepened. these are the options that turkey has at the moment, is not likely to happen. he might seek help from the imf, following the example of argentina, but that is not likely either as it will have strings attached and it will be frowned upon in turkey. there is a feeling that the quickest and most efficient step is to ease the tensions with washington, and for that to happen, washington expects an american pastor currently under house arrest in turkey to be released and sent home. otherwise washington warns more sanctions could follow. the saudi—led coalition says it will investigate an attack in yemen which killed at least 29 children. the target was a school bus in saada — a town under the control of houthi rebels, who are backed by iran. following the strike the coalition initially claimed they had targeted militants. the un secretary general has called for an independent inquiry into the attack. earlier the bbc‘s nada tawfik spoke to my colleague kasia madera. sh

ankara argued that the extra tariffs were against the rules of the world trade organisation as the rifteepened. these are the options that turkey has at the moment, an hike which president erdogan sees as the mother of all evils is not likely to happen. he might seek help from the imf, following the example of argentina, but that is not likely either as it will have strings attached and it would be frowned upon in turkey. there is a feeling that the quickest and most efficient step is to ease the tensions with washington, and for that to happen, washington expects an american pastor currently under house arrest in turkey to be released and sent home. 0therwise washington warns more sanctions could follow. selin girit, bbc news, istanbul. deterioration has come over some time but has accelerated over the past few days, particularly last week, when america placed sanctions, asset freezes, on to members of the turkish government, the interior and justice ministers. that involved a retaliation by the president and he has responded again in kind with these extra tariffs, the doubling of terr

international trade, the world's two biggest economies — the united state and china — are trading insults and imposing tariffs on each other. beijing says it's reporting washington to the world trade organisationns were sparked by president trump's decision to impose tariffs on billions of dollars on imports from china, the european union, canada and mexico. my guest is arancha gonzalez, the executive director of the international trade centre, which is co—owned by the world trade organization and the united nations. her mandate is to help small and medium businesses in developing countries participate in global trade. but with an international trading system that some believe is discredited and outmoded, is she pursuing the wrong ambitions? arancha gonzalez, welcome to hardtalk. thank you so much. so we are seeing towers being slapped around all over the place. the mood music on international trade has changed very much, to your detriment. well, no, iwould not changed very much, to your detriment. well, no, i would not say so. detriment. well, no, i would not say so. i would tell you that there is a huge geostrategic rivalry between the us and china, and maybe it is not that bad that the bigg

gonzalez, the executive director of the international trade centre, which is co—owned by the world trade organisationo, and the united nations. her mandate is to help small and medium businesses in developing countries participate in global trade. but with an international trading system that some believe is discredited and outmoded, is she pursuing the wrong ambitions? arancha gonzalez, welcome to hardtalk. thank you very much. so we're seeing tariffs being slapped around all over the place. the mood music on international trade has changed very much to your detriment. well, no, i wouldn't say so. i would tell you that there is a huge geostrategic rivalry between the us and china, and maybe it's not that bad that the biggest expression of this rivalry is international trade. why is that? because economies being so interrelated today, the fact that there is this huge rivalry and the temptation to go unilateral is making a lot of the coalitions in every country mobilised for international trade, so maybe it is not that bad. so you're saying that they are sort of carrying out a proxy war through trade

exporting huge variety of things to china which is not a member of the eu and we do it under world trade organisationlar with how we do trade with china and america. in many cases they are contracted to do it with strong legal obligations. those contracts will continues. another key area of concern as financial services. there are huge ramifications there. it is not an area of concern for me. i don't think that has become an issue of contention. the issue of contention has been these absurd scare stories that we will run out of food and there won't be medicines and the planes when flight and i hope the government has said enough today to understand that this is complete nonsense. there is absolutely no chance whatsoever of flights to london being grounded after the ist of april and there is no chance of us of april and there is no chance of us running out of food. it is huge world markets and we know how to import it. but british citizens living in other eu countries are being warned that there could be issues in terms of accessing banking services, accessing private pension services. this is insuran

he says we are just talking about a free—trade deal on world trade organisation rules.this is all part of a political campaign which is trying to painta political campaign which is trying to paint a picture in which any deal, no matter how bad, is worse than no deal. and he says that is just another example of project fear. studio: thanks very much indeed, tom barton at westminster. theresa may will interrupt her holiday in italy this afternoon to hold talks with the french president emmanuel macron about the brexit negotiations. she‘ll travel to his island retreat in the south of france — and there it‘s expected she‘ll urge the president to soften his stance on security and financial services ahead of a crucial summit of eu leaders in salzburg next month. our correspondent lucy williamson is in paris. what chance does theresa may have of changing president macron‘s view of all this, lucy? he is not a man to change his mind easily, and i think it‘s going to be a tricky meeting for theresa may. president macron has stuck rigidly to the eu line all the way through this an

what i was hoping for, it means going out of the eu and everything tied to it, moving on to world trade organisationformation given on bogside was flawed so now we have more and correct info should not not work right seeing note to this. also coming up... household incomes have never been higher according to the government but new research from a charity suggests a couple earning —— working full—time earning a living wage cannot support their family and give them a good lifestyle. let‘s get the latest weather update with alina. good morning. a lot of misty and murky weather around this morning. 0ver murky weather around this morning. over the coming week we will keep us warm and moist airflow over the coming week we will keep us warm and moist air flow for many with atlantic winds bringing rain at time, especially the further north you are. holding onto the warmth and humidity in the south, this is a daisy chain of france and affecting most of the weather, currently straddled across northern ireland and england, some patchy light rain and england, some patchy light rain and result descending into pa

he believes moving onto world trade organisation rules would be a good thing.itself from the claims, we are going to look at anti—semitism in the uk as a whole. at first, how the labour party became embroiled in an anti—semitism saga. a round—up of the problems in the labour party. let's open this out now and speak to our guests. we can talk now to jonathan sacerdoti — he's a journalist and one of the founders of the campaign against anti—semitism. he no longer works for the organisation. geoffrey alderman — historian who has written numerous books about the history ofjews in the uk. and to katy sian — a sociology lecturer at york university specialising in racism. jonathan, can i start with you? it has been widely assumed that all forms of racism exist within the far right of politics. it is now being suggested that the left has issues with anti—semitism, and where has that come from? i don't think it is actually anything particularly new, and it hasn't just actually anything particularly new, and it hasn'tjust happened under the recent leadership ofjeremy cor

brexiteers and plenty in parliament who think no deal is the best deal, busy working on world trade organisationt they still do business with them? they do but there are agreements which are set above the wto rules. that is the joint people have been making, including myself, which is wto rules is really a bad steel. you‘ve got the tariffs, all manner of barriers in place to sending goods and services... extra paperwork essentially. and that actually when we talk about wto rules, there are huge numbers of agreements and that evenif huge numbers of agreements and that even if we can‘t do a full, all singing, or dancing deal, we should still have those deals in place and international negotiations take time. this is the big thing that‘s missing in all of this. you can‘t just go out in six months, you don‘t create international agreements in six months. certainly we have seen the deal canada has done, it has taken seven years, something like that. but the difference is that britain is part of the eu at the moment so our rules are already aligned so it shouldn‘t be that hard, certainly on the trade

it is feasible for the uk to trade under world trade organisation terms as well? mark carney touched on that moment ago. what is your on that? at this stage it is difficult to predict exactly what will happen to prices in terms of how businesses will pass the cost increases on, so of how businesses will pass the cost increases on, so we cannot say of how businesses will pass the cost increases on, so we cannot say with any certainty what will happen. it will increase in cost if there is a disorderly disruption and no deal scenario too disgusting trade. how do businesses manage the costs? are they absorbed passed on? we are hoping to see no deal notices from the government to try to help businesses understand what they need to plan for. thank you very much. and a quick look at the markets. the royal bank of scotland has done quite well today, it is up by 3%. the royal bank of scotland has done quite well today, it is up by 3%. rbs announced it‘s set to pay its first dividend in ten years. so despite profits falling in the first half of the year we‘ve seen a rise in

if we have no deal it was suggest we go back to wto rules and trade organisation rules, the world trade't been for a while, it means that we are no longer in the customs union with the eu, so we have to look at tariffs that are going to be imposed on us. we are no longer part of the single market, which means that there will be nontariff barriers put on businesses wanting to transport things across, or do financial services across the eu. unfortunately the wto rules which have lots of tariffs which will affect us usually don't cover and number of areas that are very important for us, such as aviation, for example, so we need a different deal with the eu to be able to have planes flying across, and also to have the freight moving from place to play. so we are going to be in a position where quite a lot of rethinking will need to be done as to how exactly we do business with one of our the guest partners in terms of trade. it sounds fiendishly complicated. alex is next to you from the freight transport association, and vicki mentioned the idea that we have seen in the headlines with the l