Lets start in the us where its been a tumultuous week on the markets following the publication of a series of reports on the state of the Labour Market. On thursday, one of the latest of these reports showed private employers in the us posting their smallest monthly hiring growth since january 2021, with just under 100,000 new positions. On wednesday, government data showed Job Openings dropped to a 3. 5 year low injuly with 7. 67 million vacancies. And later today, all eyes will be on the Monthlyjobs Survey of employers and households. Last month, the Labor Department reported the Unemployment Rate had hit 4. 3 injuly up from 3. 5 a year earlier. This report is one of the most important gauges of the state of The Worlds largest economy and it is coming at a critical time with the president ial campaign under way. So what might be in store . Joining me now is kyle handley, associate professor of economics at the university of california san diego. Every so much apprehension, you just have to look at the market, it is quite volatile at the moment. What is the feeling about this report . I the moment. What is the feeling about this report . About this report . I think a Bi Art about this report . I think a big part of about this report . I think a big part of what about this report . I think a big part of what is about this report . I think a big part of what is going i about this report . I think a j big part of what is going on about this report . I think a i big part of what is going on is that if we knew for sure we are getting a 25 Basis Point Cut i think they would not be this volatility and if we knew there would be a 50 Basis Point Cut there would not without much volatility but were getting a lot of mixed signals and markets tend not to like that so the weight and try to figure out what is going on so with the see things drift down a bit. What happens Tomorrow Or Today in the uk will depend a lot on whether or not these Jobs Report is good but not too great and also not suggesting that the fed is behind the curve. ,. ,. , curve. The fed, all about the da s curve. The fed, all about the days are curve. The fed, all about the days are is curve. The fed, all about the days are. Is speaking curve. The fed, all about the days are. Is speaking of curve. The fed, all about the days are. Is speaking ofjust| curve. The fed, all about the | days are. Is speaking ofjust a little bit too early to start talking about that . Is the concern there . I talking about that . Is the concern there . Talking about that . Is the concern there . I think it is a bit too early concern there . I think it is a bit too early to concern there . I think it is a bit too early to talk concern there . I think it is a bit too early to talk about i bit too early to talk about that. The Unemployment Rate has gone up butjust barely. We do not have a Super Weakjob markets but i think the market as a whole is worried that things may be worse than we think there are some of the numbers they came out early this week but if these Jobs Report comes out and says that we added around 165,000 jobs as many expect then i think we will probably look at more a 25 Basis Point Cut rather than 50. I do not think the fed is too far behind the curve just yet. If they do find that things are worse than they think we have to make a 50, that people worried that they have not engineered quite a soft landing as we hoped. fist engineered quite a soft landing as We Horned as we hoped. At the Beginning Ofthe as we hoped. At the beginning of the year as we hoped. At the beginning of the year in as we hoped. At the beginning of the year in a as we hoped. At the beginning of the year in a spring as we hoped. At the beginning of the year in a spring Things L of the year in a spring things were sounding very positive about cuts coming in and then there was this retraction on that. What is actually happening with the us economy . I think what has happened is that inflation has decelerated but much more slowly than people expected it would, certainly now compared to the beginning of the year. Now that we are really period where it looks like inflation is low, the Labour Market is not as hot as it was, you just wonder if we have gone too far in terms of keeping things tight for too long. I think that is a big part of what is going on but for the most part the fed has probably had good luck as well and i think some of what is happening we are worried that the luck has run out and the Monetary Policy tools they have at their disposal will not quite be enough to pull us through this without a bit of an economic downturn, i am not predicting. It an economic downturn, i am not predicting predicting. It could happen. It has been a predicting. It could happen. It has been a long predicting. It could happen. It has been a long journey predicting. It could happen. It has been a long journey to. Predicting. It could happen. It has been a long ourney to predicting. It could happen. It has been a Lona Ourne to this has been a long journey to this Point Emma will find out later today. Thank you very much for your time today. When that report is released we will bring it to you right here on bbc. Last month when the Jobs Report was published, the weaker than expected figures sparked a global market sell off, with Wall Street suffering its worst day in nearly two years. Today, markets are anxiously waiting for the latest monthly Job Report as it could clarify how fast the us Central Bank will cut Interest Rates at its september meeting. Lets have a look now at the latest State Of Play on the financial markets. I think that picture tells you exactly what is going on. The over and mixed but down and of ice as well. As far as Oil Prices go, they have actually had their worst week in more than a year because of all this volatility. We will bring you the latest on that as the report comes through but certainly one of the next markets you over and is europe and then london to file finally crossing to new york. Lets speak to janet mui, head of Market Analysis at rbc brewin dolphin. A lot of Volatility And Apprehension and markets have got the shivers . Got the shivers . Thank you for havin got the shivers . Thank you for having me got the shivers . Thank you for having me. This got the shivers . Thank you for having me. This week got the shivers . Thank you for having me. This week markets have been generally struggling, global markets and equities have been down, particularly in the us. You covered very well the us. You covered very well the concern on the state of the Labour Market which we will get an update later today from the us jobs an update later today from the usJobs Report an update later today from the us Jobs Report but an update later today from the usJobs Report but i an update later today from the us Jobs Report but i think the side of this week, the us market was weak because of an nvidia, there is concern on how sustainable that artificial Intelligence Theme will go on, so there is this ongoing doubt and also the concern of the us Labour Market, so i think these just keep us on tiptoes at the moment. ~. , just keep us on tiptoes at the moment just keep us on tiptoes at the moment. ~. , moment. What is asia looking for . What moment. What is asia looking for . What do moment. What is asia looking for . What do they moment. What is asia looking for . What do they need moment. What is asia looking for . What do they need to moment. What is asia looking | for . What do they need to see happen in the us and why does It Matter to them . Last happen in the us and why does It Matter to them . It matter to them . Last month we not a It Matter to them . Last month we got a week It Matter to them . Last month we got a weekjobs It Matter to them . Last month we got a weekJobs ReportIt Matter to them . Last month we got a weekJobs Report and | we got a weekJobs Report and since then the data has been a generally mixed and this week for Thejob Opening data and continuing to fall and then also there is a weaker than expected payment report yesterday, so there isjust some concern about how the Data Today will play out and, of course, all eyes on the Unemployment Rate as well which has risen by 0. 9 from the trough and historically this increase in the Unemployment Rate will trigger recession concerns, so i think this Report Today will be consequential in assessing whether the Labour Market is ok. ,. , 4 whether the Labour Market is ok. ,. , whether the Labour Market is 0k. Looking towards asia, came back to this 0k. Looking towards asia, came back to this quickly, 0k. Looking towards asia, came back to this quickly, china back to this quickly, china opened mixed, the Hang Seng was a flat. How could we see those markets change once the Labour Report is released . Report is released . When the Labour Market report is released . When the Labour MarketReport Report is released . When the Labour Market report is Labour Market report is released in the us those markets will have been closed already so i think the reaction it will be seen on monday. Generally speaking china markets have been treating week because the data has been disappointing as of the Property Market is very weak and most from the government. If the us data is weaker than expected, the market would probably sell off later today and the negative sentiment will eventually spill over to the Asia Trading when the day begins. Asia trading when the day beains. ,. , Asia Trading when the day beains. , ~ , Asia Trading when the day beains. , ~ ,. Staying in the us, and the republican president ial candidate, donald trump, has pledged to cut the corporate Tax Rate and audit the federal government an idea proposed by Billionaire Backer Elon musk. He pitched his agenda to Wall Street and corporate leaders at a Campaign Stop in new york. For more, heres the bbc� s North America Business correspondent, ritika gupta. The main highlight of donald trumps address was a push to cut the corporate Tax Rate to 15 for companies that make their products here in the us. This would be a big reduction from the current rate of 21 . A key Policy Victory from trumps own 2017 Tax Law set to expire in 2025. Now, while a 15 corporate rate would be a big win for large us companies, it would also contribute to rising deficits. It means big companies would end up paying far lower rates than smaller, privately held businesses, where rates can be as high as 37 . His proposal is in stark contrast to his rival, kamala harris, who has called to raise the Corporation Tax to 28 . Trumps proposals also include an idea from tesla ceo Elon Musk to create a Government Efficiency Commission. This would be to eliminate wasteful federal spending a shot at the biden harris administrations spending levels. I will create a Government Efficiency Commission tasked with conducting a complete financial and Performance Audit of the entire federal government, and making recommendations for drastic reforms. We need to do it. Cant go on the way we are now. And elon, because hes not very busy, has agreed to head that task force. This comes as both Trump And Harris are ramping up their efforts to court Swing State voters as well as Business Executives in an election where the economy is a dominant issue. Now lets update you about a mega Takeover Offer involving The Worlds biggest convenience store chain, 7 eleven. Several weeks ago, its Parent Company Injapan received an offer from canadas act but itjust sent its initial response to them. Mariko 0i has been covering the story for us. So, what was their response . Hello can ijust say it feels hello can i ust say it feels like my Life Hello can ijust say it feels like my life currently hello can i just say it feels l like my life currently revolves around these deals. We are talking about the Retailjail And Today and it rejected the offer from act, saying that it undervalues the company. It also call the offer opportunistically tight and i assume the refer to the fact that they are taking advantage of the weakness in the japanese currency which of course makes japanese companies more affordable to foreign buyers. We also now know how much the offer was, 14. 86 us dollars per share, so about a 20 premium when the offer was made but their shares have risen since so it is now treating higher than that offer value. The company said even if the offer was improved significantly, it doubted it would be able to progress because of Competition Regulations in the us. As outside while the company is following the new guidelines the japanese government by being open to it and considering the offer, it is pointing out the hurdles of the deal may face. They were early reports i told you about, trying to defend itself by arguing to the japanese government that it offers services that are vital and crucial to the japanese economy. If the deal was to succeed, it would be the biggest ever buyout of a japanese company by an overseas firm and i do not feel like this will be the last time you and i will be speaking about this deal. And i will be speaking about this deal and i will be speaking about this deal. �. , this deal. Always a pleasure. Thank yon lets get some of the days other news now. The founder and chief executive of telegram, pavel durov, has hit out at france for arresting and charging him last month over the publication of extremist and illegal content on the popular messaging app. In a lengthy post on the platform, durov dismissed accusations that he had declined to cooperate with an investigation. He said he had personally helped france establish a hotline with telegram to deal with the threat of terrorism in the country. 0pec has decided to delay its planned Oil Output Increase for october and november. This comes after Oil Prices hit a nine month low due to concerns about the weakening global economy and slow demand from china. 0pec which includes 0pec members and allies led by russia, says they may further or roll back the hike if needed. Around The World and across the uk, this is bbc news. To ireland now, where the uk Prime Minister, Sir Keir Starmer, is set to meet his counterpart, taoiseach Simon Harris, in ireland this weekend. It is expected that they will address a number of matters which have caused friction between both governments in recent years, including of course, brexit. Injuly, Simon Harris pledged to support the uks attempt to reset its relationship with the eu. Earlier this Week Construction Work finally began on a Border Control Post in North Wales which will carry out Post Brexit checks on goods from the republic of ireland. Lets speak now to professor elaine fahey, Professor Of Law at City Law School in london. Good morning to you, Professor And Welcome to the programme. When we talk about the resetting of a relationship, what practically can be done . Lots of nice warm words but lets get down to practicalities. Lets get down to racticalities. ~ ,. , practicalities. Absolutely the le. A practicalities. Absolutely the legacy act. Practicalities. Absolutely the legacy act. The practicalities. Absolutely the legacy act, the enormous. Practicalities. Absolutely the i legacy act, the enormous Trade Relationship, Human Rights issues, approaches to international laws, so no shortage of things to look at and ways to explore them. Under the brexit agreement, and ways to explore them. Under the brexit agreement, is and ways to explore them. Under the brexit agreement, is this the brexit agreement, is this something that will take time . We saw Prime MinisterSir Keir Starmer in germany. He is on a real mission to try to do something with brexit. Absolutely. The Trade And Cooperation agreement itself does not have an enormous amount of room for manoeuvring. We have sent interesting debates, musicians, writers, and this attempted to support capitals and explore other ways is absolutely to be expected. There is no doubt a huge amount of interest but also a necessity to look for further means because it is a limited Trade Agreement that can only be ameliorated. Trade agreement that can only be ameliorated. Taoiseach Simon Harris said be ameliorated. Taoiseach Simon Harris said he be ameliorated. Taoiseach Simon Harris said he is be ameliorated. Taoiseach Simon Harris said he is important be ameliorated. Taoiseach Simon Harris said he is important to harris said he is important to reset that relationship. What support can he give . Support can he give . There seems to support can he give . There seems to be support can he give . There seems to be a support can he give . There seems to be a significant i seems to be a significant effort to issues relating to northern ireland. Difficult international questions but also to focus on the enormous value of the Trade Relationship the relationship between the uk and ireland. 4 Billion a week a number of years ago. One of the most significant parts of understanding the European Economy looking in particular across the jurisdiction of the uk to get to Mainland Europe has been part of understanding expanding our trade to the rest of The World. Both are signatories of the good Friday Agreement underpinning Human Rights, Culturaland Agreement underpinning Human Rights, cultural and social supports is a very broad frameworks of dishes to engage with and the Prime Minister of the uk is someone who understands deeply these issues, in particular with northern ireland. There is quite a top down bottom up holistic and comprehensive means by which the relationship can be addressed and it is viewed by much positivity in ireland and with much hope and expectation. Ireland and with much Hope And Exnectation expectation. Professor, thank ou ve expectation. Professor, thank you very much expectation. Professor, thank you very much indeed. To india now, where there is fresh trouble for the chief of the countrys market watchdog. Over 200 employees staged a protest on thursday, alleging toxic Work Culture and demanding the resignation of the chairman, madhabi Puri Buch. This comes at a time when the chief of the securities and Exchange Board of india has already been mired in allegations of non disclosures and Conflict Of Interest. The bbc� s Archana Shukla reports. Protests against the Market Regulator are unprecedented but complaints were first sent in a letter last month. The regulator On Wednesday issued a Press Release addressing these claims and said grievances were related to employ allowances and are being misguided by external elements to target the credibility of madhabi Puri Buch. A rare step of taking protest. This is not the first head. Madhabi Puri Buch has been the head and is suddenly at the centre of multiple allegations, the biggest being Conflict Of Interest in the adani investigation, accused of Holding State in an adani offshore fund. Her integrity has been questioned due to previous jobs has been questioned due to previousjobs and she has been questioned due to previous jobs and she has has been questioned due to previousjobs and she has been accused of corruption. Madhabi Puri Buch has denied all allegations but the spate of claims arising questions in indias financial markets that have been on a long bull run. Global investors are watching in surprise. The Opposition Parties are demanding an independent probe and with its own stuff at loggerheads, the watchdog has a lot to handle. The way these allegations are addressed by both Regulator And Government will be closely monitored as it could impact the confidence in indias thriving financial market. The paralympics will come to an end this weekend with a Closing Ceremony at the Stade De France in paris. This year, visually impaired people have been able to watch the events at both the paralympics and the olympics thanks to a innovative device. The Givevision Headset takes images from live Tv Feeds and transforms them into brighter lights displayed directly to the working part of the retina. Sound complicated. Lets find out a little bit more about this. Im joined now by someone who is part of the team that invented this device. Stan karpenko is co Founder And Cto of givevision. Fantastic to have you on the programme. Why did you think there was a need to invent this devise . ~. , there was a need to invent this devise . ~. ,. , ~ devise . We have been working in this Sace Devise . We have been working in this space for devise . We have been working in this space for visually this space for visually impaired over ten years and this particular application was evident to us because a huge gap between the number of vision impaired people in the society that one in three adults that live with Side Loss that an data that one in 3000 that an data that one in 3000 that make it was evident this was necessary because the gap is so big. So we wanted to build the system that could help people, to encourage people to actually attend games. I people to actually attend names. , games. I will get to the headsets games. I will get to the headsets and games. I will get to the headsets and numbers| games. I will get to the. Headsets and numbers and figures but first, is that a personal story as to why you are working on Sight Loss . You know, i think are working on Sight Loss . You know, i think we are working on Sight Loss . Ym. Know, i think we started because i have a number of friends who were living with Sight Loss and wanted to build a technology that would make their life easier, ten years ago. But we have worked with so many patients in the uk and worldwide that every person we meet, it is really inspiring to see what this technology can do for them and he continues to inspire us and our team to develop the technology and take it forward and make it accessible for people. Talk to me about accessible for people. Talk to me about the accessible for people. Talk to me about the headsets accessible for people. Talk to me about the headsets beingj me about the headsets being used at the olympic and paralympic. How many and how have people access them . True. The Paris Games have people access them . True. The Paris Games was have people access them . True. The Paris Games was major have people access them . True. The Paris Games was major for l the Paris Games was major for givevision. It was at five locations across the games. The Opening And Closing ceremonies, a number of venues. Hundreds of people have been picking this technology up. We were providing tickets for the City Of Paris to give this technology for users across the games and i think the biggest takeaway for us that we demonstrated during this game is that any venue can be transformed or upgraded, should say, to standards improved. It is innovative and it must cost a lot. Do you have enough money . A lot. Do you have enough mone . ,. , money . These headsets are offered for free money . These headsets are offered for free of money . These headsets are offered for free of charge i money . These headsets are offered for free of charge at | offered for free of charge at the venue. For the user it is free. Venues install these systems in upgraded sedatives at their own clouds. At their own clouds. There is so much at their own clouds. There is so much want at their own clouds. There is so much want to at their own clouds. There is so much want to discuss at their own clouds. There is so much want to discuss but| at their own clouds. There is i so much want to discuss but we have run out of time. Another time maybe. But fantastic bike and thank you very much. Thank ou ve and thank you very much. Thank you very much and thank you very much. Thank you very much. Good and thank you very much. Thank you very much. Good to and thank you very much. Thank you very much. Good to be i and thank you very much. Thank| you very much. Good to be here, take care. Hello. The weather across the uk is certainly pretty varied right now. Looking back at thursday, some places got to see Blue Skies and sunshine. Gorgeous scenes there in the highlands. Compare that with the heavy downpours that affected not only kent, but many southern counties of england, the southern half of wales as well. Its all because the low pressure is swirling to the south of us. Instead of this area of low pressure moving through and clearing away, it willjust continue to churn around, and that means further outbreaks of rain across southern counties of england, pushing up into the south of wales and the south midlands. Further north, though, yes, some areas of low cloud, mist and fog, which may linger for some northern and eastern coasts. But further north and west, we see a good deal of sunshine, whereas these showers and thunderstorms will continue down towards the south right through into the late afternoon. Just to the north of that band of rain, 25 26 degrees. We could also get to 26 in western scotland, and it is going to feel quite humid. Now through friday night, this band of showers and perhaps still the odd thunderstorm drifting a little bit further northwards. But many spots will be dry with some Mist And Murk, again, some areas of fog. Its going to be another pretty warm and humid night. A humid start to saturday with our area of low pressure still churning to the south. That means there is the chance that well see further outbreaks of rain pushing up from the south across the Channel Islands into southern counties of england as we go through the day. Spots further north after early Mist And Murk clears should see, once again, some spells of warm sunshine, although i think it will stay quite grey for some of these eastern coasts. Again in the sunny spots with that humid air, temperatures could get to around 23 24 degrees. By sunday, it looks like our area of low pressure will start to move northwards. That will introduce outbreaks of rain, particularly across england and wales. Could see some of that into Southern Scotland later on. Some hefty thundery downpours following on into the south. Still quite a warm feel for the time being. That is set to change because as we head into next week, we change the wind direction, we bring the winds down from the northwest, and so things are going to feel very different. Temperatures, if anything, looks set to drop back to values below the average for the time of year, and it will still be quite unsettled. Showers or longer spells of rain and often breezy. Good morning, welcome to breakfast with Naga Munchetty and charlie stayt. 0ur headlines today. Tackling the small boats crisis. The Home Secretary holds a summit aimed at destroying the criminal gangs which smuggle people across the channel. Plans for the uk to ban a so called Zombie Drug which its claimed has killed thousands of people in the united states. 0vercrowding, Violence And Self harm. We go behind the scenes of Britain Plasma Crisis hit prisons. After this Weeks Publication of the inquiry into the Grenfell Disaster what next for the many thousands of people still living in unsafe buildings . Ill have the details, in sport, another agonising night for scotland fans. A stoppage time penalty meant a late defeat to poland after a spirited display in their Nations League Opener at hampden