Now on bbc news all the latest Business News live from singapore. President trump pulls out of the parrot climate agreement, his supporters may be happy but how will it impact asia . Harris climate agreement. Skype gets a makeover, we will show you the new features and why it is competing with snapchat. Welcome to this friday edition of Asia Business report. President donald trump has withdrawn from the paris climate treaty. The decision means the us is only one of three countries beside syria and nicaragua to oppose the global effort to tackle Climate Change. But he says he is open to re negotiating the deal. In order to for furl my solemn duty to protect america and its citizens, the United States will withdraw from the paris climate accord. But, begin negotiations to re enter either the paris accord, oi, re enter either the paris accord, or, in entirely new transaction. In terms that are fed to the us, its businesses, workers, people, taxpayers. So, we are getting out, but we will s
Business news live from singapore. Could the us be set to roll back tighter Banking Regulations put in place after the Global Financial crisis . Apple displays the recent fruits of its labour at a Tech Conference in california. Its tuesday, good morning, asia, hello, world. Youre watching Asia Business report. Plans to overhaul the us Banking System may be taking shape. Stop makers are expected to vote on a bill to scale back much of the act. These regulations were put in place under president obama after the Global Financial turmoil but banks complain the regulations are to restrictive. The Credit Crisis Cost the us more than 80 million jobs, chile and of dollars in lost wealth and almost 10 million homes after the worst recession since the great repression, the reform will was introduced to make another crisis less likely. This was the moment democrats hoped to put banks in check, president obama signed into law a bill that would address Wea K Into Law a bill that would address weak
Its 7am in singapore, and midnight in london where the british Prime Minister theresa may says she intends to serve a full term as britains Prime Minister, and is getting on with the job. But her comments come just hours after one of her former colleagues, the uks ex finance minister, described her as a dead woman walking. Well, shes been been reshuffling her cabinet and insists its business as usual. Our political correspondent, vicki young, reports. Shes putting on a brave face, but theresa may knows she has thrown her party into turmoil. The shock of Election Night is still sinking in. After church this morning, the Prime Minister rang round colleagues whod been defeated on thursday. Shes in office for now, but for how much longer . I said during the Election Campaign that, if re elected, i would intend to serve a full term. But what i am doing now is actually getting on with the immediate job and i think thats whats important, i think thats what the public would expect. They want t
Zeinab badawi. My guess is you is Democratic Party insider, jake sullivan, a key adviser to democrat such as Hillary Clinton, when she was Secretary Of State, as well as on the Campaign Trail, last year. Donald trump has attracted a lot of criticism at home and abroad over his rhetoric and style of leadership. But is he not proving more effective in important Foreign Policy issues like the fight against extremists, than the previous Democratic Administration . Democratic. Jake sullivan, thank you forjoining us. Jake sullivan, thank you forjoining us. As a key adviser to Hillary Clinton, can give be objective about the Trump Administration . Not entirely objective. I would have to put my bias on the table. I spent two years trade to stop him from getting into the oval office. But i think a lot of the things that we predicted during the campaign about his lack of it as though others have borne out over the last six months. Soi borne out over the last six months. So i have tried to take a
World news. It newsday. Thank you forjoining us. It is 7am in singapore and midnight in london where the british Prime Minister theresa may has tried to reassure her members of parliament are telling them, ive got us into this mess and i am the one who will get us out of it. It has left the uk in political turmoil, not least over brexit. The State Opening Of Parliament where the queen reads out the governments agenda may be post owned. The Opposition Labour Party says the government is in chaos. The bbcs Laura Evans Berg reports. Kuenssberg. Band plays. The band plays on, in theresa mays backyard. Strangely, Business As Usual at the back gates. At the front tonight, even after her personal disaster of the election, the Prime Minister seemed relieved enough to chat to the cat. After she had fessed up her mistakes to mps. Theresa may said that she got us into this situation and shes the lady whos going to get us out of it. Humble in recognising the difficulties but forthright in tackling