and inflation falls sharply in the eurozone. will the european central bank change direction as a result? welcome to world business report. i mjagdip cheema. let s start with an important trade deal, because the uk has struck a deal to join a trans pacific trade pact consisting of 11 countries. together, these pacific rim countries which doesn t include the usa account for 13% of global gdp. the pact it s called the comprehensive progressive agreement for trans pacific partnership aims to cut 95% of import charges or tariffs. the initial gains for the uk economy may be only marginal, though that s according to the government s own estimates. we re nowjooined by our global trade correspondent, dharshini david. on one hand these 11 countries account for 13% of the world s income, but for the uk it might only be marginal growth as a result, is this a big deal? this a big deal? really good question- this a big deal? really good question- ct this a big deal? really
together, these pacific rim countries, which doesn t include the usa, account for 13% of global gdp. the pact, it s called the comprehensive progressive agreement for trans pacific partnership, aims to cut 95% of import tariffs. the initial gains for the uk economy may be only marginal, that s according to the government s own estimates. here s the bbc s global trade correspondent, dharshini david, explinaing what that pact, is all about. cptpp is more thanjust cptpp is more than just a cptpp is more thanjust a mouthful. it is a packed between 11 nations and they are reducing those tariffs and they are reducing those tariffs and they are also making it easier to trade with each other and to invest in each other, supply chains should run more smoothly, but why is it when you look at the government estimates, they are talking about a gain of 8p in every £100 of income in ten years time. the uk already has trade deals with all but two other members of cptpp, so the increased g
in bucha. and king charles attends ceremonies in germany commemorating those who died in world war ii. welcome to the programme. we start in the us. donald trump has become the first former us president to face a criminal prosecution. the precise charges against him have not yet been made public, but they re thought to relate to falsifying business records to hide a payment to a porn star during the 2016 election campaign. it s alleged stormy daniels was paid off in exchange for her silence about an alleged affair. mr trump denies any wrongdoing, calling the indictment political persecution and election interference. 0ur north america correspondent, john sudworth, reports. the masssed ranks of the media say it all. donald trump s provided plenty of big moments in american politics, but few bigger than this his own imminent arrest. this is an abc news special. now reporting, david muir. we are coming on the air early because of breaking news at this hour. a grand jury here i
people in france are angry at president macron, after he pushed through the pension reforms in parliament. the leader of the country s largest trade union the cfdt has urged the government to put pension reforms on hold. laurent berger urged president macron to accept some form of mediation, for up to six weeks. transport, schools, shipping and bin collection, are some of the sectors affected by the strikes today. i m joined now by emmanuelle auriol, who s an economist at the toulouse school of economics. thank you forjoining us. this is a tent strike. what impact is that having on the economy? in tent strike. what impact is that having on the economy? in general, we care about having on the economy? in general, we care about her having on the economy? in general, we care about her strikes having on the economy? in general, we care about her strikes in - having on the economy? in general, we care about her strikes in france, | we care about her strikes in france, so
for failing to protect consumers and weak anti money laundering controls. the company, a subsidiary of the gibraltar based 888 holdings, was found by the uk s gambling commission to have allowed customers to bet big sums of money without proper checks. it says it s seriously considered suspending william hill s licence. let s get more now from dr carolyn downs, who s a gambling industry specialist at lancaster university. thanks forjoining us. can you explain a bit more about the troubles of william hill and why they were found guilty? this troubles of william hill and why they were found guilty?- troubles of william hill and why they were found guilty? this is the latest in a long they were found guilty? this is the latest in a long line they were found guilty? this is the latest in a long line of they were found guilty? this is the latest in a long line of quite - they were found guilty? this is the latest in a long line of quite large l latest in a long line of quite