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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 incre ....
Let s now take a look at the cost of living crisis, which has been causing headaches for millions across the world. in the us, we ve just had the latest inflation numbers out, which show prices rose in february rose by 0.3% on a mothly basis. let s crunch those numbers, here s our north america business correspondent samira hussain. prices appear still be rising but inflation appears to be slowing. what action can we expect the fed to take? ~ . , ., , what action can we expect the fed to take? ~ ., , ., , ., what action can we expect the fed to take? ~ . , .,, ., ., ., take? what this measure of inflation which is the take? what this measure of inflation which is the federal take? what this measure of inflation which is the federal reserve - which is the federal reserve referred measure of inflation, it looks at personal consumer expenditure, so how much the consumer is actually spending when it comes to their cost of living. and this is actually a measure that went down, or at leas ....