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Bank of korea said he lowered to the key interest rate by a quarter percentage point to 1.50 the decision came amid a brewing trade conflict with japan over its colonial past on the korean peninsula tokyo has put curbs on certain materials that south korean high tech companies need to produce smartphones and t.v. sets. and it's also far from plain sailing in japan figures just out show export struck 6.8 percent in june analyst attribute of the poor figures to disrupt disruption caused by global trade conflicts a slowdown in china's growth and low business confidence the latest sluggish export ...

>> you know, the stock market is 30% higher than it was this time last year. we've had excellent export figures in the u.k. economy is doing a lot better. pete: what are the globalist saying about that? >> the globalist say that is because brexit itself hasn't yet kicked in. when it does, we are told the british economy will fall off a cliff. this is how the establishment status quo maintained their position by telling people terrible things have happened if we have democratic change. the democratic changes sweeping the western world. 2016 of the back in years to come come in the year that cha...

united nations over britain's plans to send a warship and a submarine to the falkland islands, which argentina calls maldivas. and the results are in, and there's. an unexpected clean sweep for rick santorum. santorum is celebrating after winning three state contests on tuesday. the former pennsylvania senator won the colorado and minnesota caucuses and the nonbinding missouri primary. those are the headlines. i'm monita rajpal. "world business today" starts right now. good morning from cnn london, i'm nina del santos. >> and from cnn hong kong, this is "world business today." th...

process, i'm totally sure people from the armed forces had been protecting him. after that, he changed the people who were protecting him and at the end of the day i mean that he was protected by very small group of the people from his family. but we'll check everything. we'll investigate everything. we'll announce what happened in the past 16 years. u.s. secretary of state hillary clinton has arrived in pakistan, aimed at talks repairing the nations between the two countries. large parts of the u.s. had severe thunderstorm warnings overnight. two people died in atlanta, georgia,...

Exact figures. we now know exactly how badly they are hurting when it comes to production and exports. take a look at these figures. these are the figures just released this afternoon. the april 2011 figures, as compared to the year previous. toyota down 47.8%. honda down 52%. nissan down 22%. this is for worldwide production. now look at the export figures. all of the automotive big three here in japan, as they are known, they are down more than 70% in april, the first full month that they are seeing the real impact of the tsunami. down more than 70% as compared to the april the year previous...