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and now the sport. we will start with some transfer news. arsenal have agreed a deal with chelsea for around £65 million for the forward kai havertz. chelsea bought him from bayer leverkeusen in 2020 for a deal worth around 71 million pounds. mikel arteta is looking to stregthen his squad arsenal had a second bid for west ham captain declan rice turned down this week. manchester city have agreed a deal with chelsea to buy mateo kovacic. the croatian midfielder willjoin the treble winners for an initialfee of £25 million with a further £5 million of potential add ons. kovacicjoined chelsea from real madrid in 2019. they re also getting rid of french midfielder n golo kante who has agreed to move to the saudi arabian champions al ittihad. his contract at stamford bridge expires at the end of the month. he helped leicester city win the premier league in 2016 before helping chelsea win the premier league, champions league, and the fa cup. jose mourinho has been banned ....
and hot on the heels of antony blinken s visit to china. beijing will seek to improve its ties with europe. however, europe has also started to pull away from china to ensure it is not too reliant on their exports. still, there are strong economic ties between germany and china for the last seven years germany has been china s biggest trading partner in europe. so, what is at stake? i m joined by gregor sebastian economics analyst at the mercator institute for china studies based out of berlin. 0ne welcome to the programme. first of all, for the two leaders what do they want to achieve in the next few days? good morning. i mean, the first thing isjust that good morning. i mean, the first thing is just that the meeting is taking place, right? we have a radically different relationship between the two leaders now than we had in devious years. under angela merkel s meant the cabinets on the chinese and german sides had really constant and close relations and this is th ....
off the greek coast. a bbc investigation has found evidence that casts doubt on the greek coastguard s account of its response to the migrant ship, which sank last week with the loss of hundreds of lives. the ship sank about 50 miles off the southern coast of greece and survivors were taken to kalamata. an analysis of the movements of other ships in the area suggests the overcrowded fishing vessel wasn t moving for seven hours before it capsized. the greek coastguard claims that during this time, the vessel was on its way to italy and didn t need to be rescued. the greek authorities have not yet responded to the bbc s findings. our europe correspondent nick beake is in kalamata in greece. the greek coastguard has faced heavy criticism for not doing more to help those people on board. its main justification has been that they did not want their help and that, crucially, the boat was moving in a steady direction towards italy. now, what we ve tried to do is piece together ....
round of the fa cup. it is thankfully a much drier week of weather ahead but it is colder, so we have some frost and fog and for some of us, some wintry showers. i will have all the details throughout the programme. it s monday the 8th of january. our main story. thejustice secretary, alex chalk, will meet with the minister responsible for the post office today to discuss how hundreds of branch managers who were wrongly convicted in the horizon it scandal could be cleared. pressure is increasing on number 10 to take action over what has been described as the most widespread miscarriage ofjustice in british history. here s our business correspondent marc ashdown. hello, how can i help? 0h, hi, it sjo hamilton- here from south warnborough. i m trying to produce this week s cash account. - and what s the problem? jo hamilton s story was central to the recent itv drama she was falsely accused of stealing £36,000 from the village post office she ran in hampshire. in the meantim ....
up even the price of oil has gone up a little. so what is going on? well, investors are looking ahead to the latest us inflation data which is out later today. the consumer price index figures will be closely watched by the us federal reserve as it begins its twoday meeting to decide on its next move on interest rates. consumers in america feeling more confident inflation is on its way down, according to the latest by the federal near term inflation expectations and for two years. the survey is a closely watched metric, because of consumers believe inflation will fall, they will already adjust spending patterns in anticipation of what is to come. those consumer expectations happen to die pretty closely with what economists are expecting for the latest inflation figures. they will likely show inflation went up slightly month over month but it will drop year over year. month but it will drop year overyear. numbers month but it will drop year over year. numbers like that w ....