attended the inauguration of the new bank in shanghai on thursday. the new development bank is set up by the brics group, and president lawler said the new financial institute freeze developing countries from establishment. a business reporterjoao da silva has more on the significance of this trip. the goal, in his own words, is to strengthen the relationship and at least when it comes to business ties already significant, china s brazil s biggest export market, each year buying tens of billions of dollars worth of natural resources and agricultural products, including soybeans, iron ore, oil, and beef. while brazil, according to chinese state media, is the biggest recipient of chinese investment in latin america. president lula da silva is more of it if he is to boost result s stagnant economy, that is why the brazilian government expects more than 20 bilateral agreements to be signed during his trip was not as part of the deeper ties, they have already agreed to allow busin
living where i will be. in sport, a missed opportunity for manchester united, as they throw away a two goal lead to put their europa league hopes injeopardy. and we find out about how donating something usually discarded after childbirth the umbilical cord can save lives. and here at aintree, it is ladies day in the grand national festival. looking promising behind me at the moment, but rain and the focus for many of you today. all the detail on that and your weekend forecast all coming up here on breakfast. good morning. it s friday 14th april. our main story the royal college of nursing will announce whether its members in england have voted to accept the government s new pay offer later today. the union, which represents nurses and other health workers, has recommended that its members accept the deal, which includes a 5% pay rise for this year. it comes as junior doctors in england start the final full day of a 96 hour walkout over a separate pay dispute. our cor
with a cracking match at old trafford as the europa league quarter finals got underway. one of the favourites for the trophy, manchester united appeared to be cruising towards the semi finals, leading sevilla 2 0 in therfirst leg. but two late goals saw the spanish side snatch a draw and leave the tie delicately poised. our reporterjohn murray was watching. a damaging night for manchester united in so many ways. certainly in how they conceded to our goals in eight minutes late in the match. and so crazily frittered away a strong position in the type of data been given them by marcel saponara in the first quarter. so bills may have been red carded but far back as i did not. var looked up the jitters was set again. ross and the first on goal. ms. eries had her went off an unfortunate maguire for an equaliser for the in between united laws martinez to a nasty looking injury and had to finish with ten men and bruno fernandez will be suspended for the second leg for the after t
inauguration of a new bank on shanghai. the new development bank has been set up by the brix group, that s brazil, russia india and china and south africa and president lula said the new financial institution frees developing countries from established ones our business reporter has more on the significance of this trip. on the significance of this tri -. , ., ., , trip. the goal in his own words is to strengthen trip. the goal in his own words is to strengthen the is to strengthen the relationship. and at least when it comes to business ties our already pretty significant. china is brazil s biggest export market, each year buying tens of thousands of billions of dollars of natural resources and agricultural products, including soybeans, iron ore, oil and be for that while brazil according to chinese state media is the biggest recipient in latin america. president lula da silva needs more of it if these two bruised brazil s stagnant economy. that s why the brazilian gover
Its high Interest Rates. North America Business correspondent Erin Delmorejoins Me now. Good to see you. Put a bit of contact around the numbers for us. Sure, so this is not the Inflation Report a lot of people were looking for because remember, we saw hotter than expected Inflation Injanuary and february today we see that data again in march. And not only is it higher than expected, but we are seeing this trend upwards. And thats not what the fed wants to see when they talk about Cutting Confederates Interest Rates this year. The expectation when wrapping up year. The expectation when wrapping up 2023 was we could see as many as three Interest Rates cuts this year, as soon asjune. But when you see inflation is sticky and persistent as we see in the data, that becomes harder to envision, and indeed when this came out at 8 30am est today, you saw the expectations for that june Interest Rates cut drop. find june Interest Rates cut drop. And how does that june Interest Rates cut drop. An