Crude is down some 20 this year, despite opecs attempt to prop it up. And it could have further to go. Plus. On edge over brexit germanys industrial giants fear for the future of their multi billion dollar uk market. We report from the Port City Of Bremen. Welcome to World Business report. I am rachel horne. We also have the story on the excessive borrowing by chinas biggest companies. We start with the price of oil, because, once again, despite the best efforts of the Oil Producing nations to prop it up, it is on the slide. Lets show you whats been happening. This week the talks all been about this guy hes back. Traders refer to a bear market when the price of an asset falls 20 from its recent peak. It often signals a loss of confidence and further falls to come. Since the start of the year, crude has done just that. It is down over 20 . It was 56 per barrel in january, and it is down over 20 . It was 56 per barrel injanuary, and is now below 45 in the middle of this week. Back in nov
Its tuesday 7 february. Welcome to bbc newsroom live. The Commons Speaker, john bercow, is facing mounting criticism for suggesting hell prevent President Trump addressing parliament during his state visit later this year. Mr bercow whos one of three parliamentary officials who can approve such an event said opposition to sexism and racism, and support for equality, were hugely important. But critics say he should have stuck to the tradition of neutrality with one senior conservative describing his intervention as utterly outrageous. Heres our political correspondent, eleanor garnier. Its an honour thats bestowed on popes and president s. A speech to both Houses Of Parliament in the splendour of Westminster Hall was part of the itinerary when these dignitaries visited britain. But the same invite may not be coming mr trumps way. In an astonishing intervention, the Commons Speaker said recent decisions by the president made him uneasy about issuing an invitation. I feel very strongly th
Arthur collins is wanted for questioning after a corrosive liquid was sprayed during an argument. Now on bbc news all the latest Business News live from singapore america first. The us president unveils his plans to change the rules for the controversial hate one big fees. American workers have long called for reforms to end these visa abuses and for the first time their calls are being entered for the first time. And a Snap Election for the uk. How much nervousness does is add to the market . Good morning, asia and hello world. This is wednesday. Thank you for joining us. I am rico hizon. By america, higheramerica, joining us. I am rico hizon. By america, higher america, that is the aim of us president Donald Trumps latest Executive Order. As we reported just hours ago he signed the order to review a temporary Visa Programme used to place Foreign Workers in highly skilled usjobs. Mrjohn says he wants to stop abuse of the Immigration System. Right now, widespread abuse in our Immigrati
Hostage situation unfolding at this hour inside a bank. Several reportedly trapped inside. Good evening. Its great to have you with us on a friday night. We begin with the urgent headline from puerto rico at this hour. A dam at imminent risk of failure, a lifethreatening situation. A Mass Evacuation under way. Some 70,000 people across the island. Catastrophic flooding and mudslides already. The governor saying its time to get people out. We begin with abcs rob marciano on the scene to get Tens Of Thousands to higher ground. Rob. Reporter a disastrous development happening in puerto rico. A large dam is beginning to fail. Two towns and Tens Of Thousands of people in danger downstream. A Flash Flood Emergency in effect right now. Officials urging people to get to high ground. This is a lifethreatening situation happening now. Tonight the new emergency in this unfolding disaster. The battering of Hurricane Maria and her 40 inches of rain causing this major dams failure. Flash flooding fo
Stumping with jones, senator cory booker and terry sewell. Im trying to get the last, i know you made already a million phone calls, but im here to try to help to get some folk woke. Those people who dont understand the opposite of justice is injustice b, it is indifference, it is inaction and it is silence. Got to get some folk woke. We deserve to have a senator whos character and integrity and veracity is not questioned on day one and there is only one candidate in this race that we can count on. And thats doug jones. I want to bring in Senior National correspondent, alex, joining us from montgomery. We just laid out some of the latest from the doug Jones Campaign. Meantime, the roy Moore Campaign
is getting another boost from the president. Reporter they are and the Moore Campaign in contrast to the Jones Campaign has actually remained relatively silent over the course of this weekend. That is in part due to the fact that moore may feel like he is more comfortable because he knows t