Business report. Handing on control of the worlds biggest economy. As barack obama prepares to say goodbye we look at what hes done for america financial health. The cost of chinas Raw Materials is going up faster than it has for more than five years wait for it its important because it could mean the rest of us the Rest Of The World paying more for the stuff they sell us . Welcome to World Business report. Im aaron heslehurst. Stay where you are i have about nine nine minutes, it is all i am asking for an eye promised to deliver an exciting snapshot of business. There are just a couple of weeks of Barack Obamas presidency remaining and later today he gives his big farewell speech. As well as being commander in chief hes also overseen the worlds biggest economy for the last eight years. But what kind of legacy has he left . Well more than 11 million more jobs have been added with the Unemployment Rate falling from 7. 8 to 4. 7 but what the typical American Family brings home has barely
Are you taking a break from the booze after the excesses of the Festive Season . Well meet one man who hopes to turn abstinence into a business opportunity. But can non alcoholic drinks really take over from The Real Thing . During yesterdays metro strike in london, uber prices surged by up to 500 . Are companies right to reflect increased demand . Or do price hikes leave you feeling ripped off . Let us know what you think. Welcome to the programme. There are just a couple of weeks of Barack Obamas presidency remaining, and later today he gives his big farewell speech. As well as being commander in chief hes also overseen the worlds biggest economy for the last eight years. But what kind of legacy has he left . Well, since his inauguration injanuary 2009 more than 11 million jobs have been added, with the Unemployment Rate falling from 7. 8 to 4. 7 . It peaked at 10. 0 in 0bamas first year in power. The typical American Family brings home nearly 54,000 a year. Thats almost exactly the
Come back here to try to make a difference. I want to congratulate you on the difference you have made. Now one of the questions i would ask you is why youre willing to leave a place with so much responsibility and background and capability to be willing to be the secretary of health and Human Services. Thank you, senator. When i think about the mission of the department of health and Human Services, which is to improve the health, safety, and wellbeing of the American People, its what ive literally spent my life trying to do. And so to have the opportunity to participate if confirmed, to be to serve as the secretary of health and Human Services and to try to guide that organization in a direction that would further fulfill that mission, i cant think of anything more exciting for fulfilling. I think you have the background for doing that too,
with the wide range of experience you had between the different practices and hospitals and then coming here and going through a number of Differ
To meet with kim jong un. I dont expect that kim jong un would come to the United States because he might fear that he would be thrown in american jail and never see the light of dayat ever again. Ro not that that would happen. N so it may be that they choose potentially south korea right there along the border in panmunjom which would be thehe site of the talks between south koreas president moon jaein and kim jong un later in may. Or maybe its a third country, some neutral country somewhere else in the world where everyone can meet. How did we get to this point . The white house just walking us through that in a Conference Call right now, but chung euiyoung is the south Korean National security advisor, said in a statement outside the white house here that it was due to President Trumps program of Maximum Pressure that north korea came to the table. They said that while kim is committed to the denuclearization of the korean peninsula, he also understands the joint Military Exercises
Wolf Blitzer looks at politics, Breaking News and international stories. That he had been he had testified Behind Closed Doors with the House Intelligence Committee and apparently forgot about that meeting. I think it strains credulity to believe he forgot about that meeting. So what might bob muellers investigators be doing now . Because miss davis is close to him personally and professionally, theres been some reporting that, for example, she would keep his schedule. Of course, the investigators are going to want to deal with her to see what kind of meetings roger stone was taking. Even more importantly, to see if before his testimony to the House Intelligence Committee he had been speaking with her about the meetings he had taken. When you uncover evidence like that, it significantly undercuts a claim that i just forgot about meeting with that particular russian. So there are all sorts of reasons for muellers Investigative Team to want to
get every bid of rel vaevant, reliable infor