The mega deal called rcep, thats the regional comprehensive economic partnership, has been passed. Its the worlds biggest trade deal, and itll reduce tariffs and standardise trade regulations for all of its 15 members. Lets take a look at whos involved. All ten Southeast Asian countries are part of it. As well as china, japan, australia, new zealand, and south korea. Together, they make up 30 of the worlds entire population and gdp. But one country that pulled out is india, because of fears that it may hurt domestic producers. Joining me now is iris pang, chief economist, Greater China at ing wholesale banking. Thank you forjoining us the programme. Just talk us through how significant this deal is and who are the real winners here . In fact, are set is initiated by china. Rcep. And then more and more economies joined and then more and more economiesjoined rcep because they see the importance of rcep in the future. I would say the beneficial is will be the asean economies and also aust
The christmas getaway begins for University Students but they are encouraged to get themselves tested and reduce social contact before they start travelling. There have been multiple casualties after a large explosion in a warehouse at avonmouth near bristol, the fire service says. And coming up. The couple who applied to live on a remote scottish island even though theyd never been there. Hello good afternoon. The first doses of the Pfizer Biontech covid 19 will arrive in britain very soon. A Mass Vaccination Programme will Begin Next Week after the uk became the first country in the world to approve the jab yesterday. Data released last month shows this vaccine offers 95 protection against covid 19 across all age groups, and any side effects are mild. The uk has a0 million doses on order thats enough for 20 Million People. 800,000 of those are already on their way here. It will be given as two injections three weeks apart. Immunity begins after the first dose, but reaches maximum pro
Other advertisingbased names like werner, disney and the growth broadly. Tgif what an epic week. We start our show with amazon shares they are surmging after reporting better than expected q2 results painting a bright picture against the macro back drop. Basic Consumer Spending has remained strong. Management adding overcapacity concerns something that dragged down the stock in the first half of the year are now being solved. They do warn, however, inflationary pressures remain and could be strong in q3. A negative on the quarter, amazon taking a 3. 9 billion hit on its investment in rivian which resulted in 2 billion but there was a 12 billion gain a few quarters earlier this is basically the ceo saying, he knows this playbook he watched jeff bezos, figure a lot of the stuff out amazon went from one of the worst performing mega caps this year to maybe in the best position for the second half of the year and i have to give you credit when a lot of the street was getting bearish on the
If you hit the roads in california, there may be a self driving car in front of you. Regulations went into effect allowing automakers to test Autonomous Vehicles with the proper permits. An inside look into the program. To our lead. Bloomberg businessweek sits down with apples executive team. We will tell you the real story behind the apple watch coming up. Also ahead of the iphone, apples latest mobile a system. Overhaul a complete and ios eight is a refresh of the new design with a lot of updates, including apps, keyport options, messenger app, easier integration, updates, and more. Downloads could take a while with a massive spike in the ios 7 release last year. What will it be like developing for ios . Now, thank you both for joining us. You have already gotten to see it. What is it like . Unlike the ios 7, a refresh of the operating system in the u. S. , these are just a lot of fun Little Things that make it more enjoyable to use. The syrian integration finding out what songs are
Is here. 35hour strike by lufthansa today, affecting passengers with 2 3 of its scheduled flights grounded. Were going to take a look at how much lufthansa is prepared to lose to win this battle. Hello. It is midday here in london, 7 00 a. M. In washington, noon in lagos, where the World Health Organization has declared nigeria ebolafree after no newly reported cases of the disease in two consecutive quarantine periods of 21 days each. Thats welcome glimmer of hope during the worst outbreak on record that has killed more than 4,500 people. Another piece of good news, in spain, a nurse infected with ebola has now tested negative for the virus. Teresa romero will need to have a second test before she can be declared totally free of the disease. Meanwhile, william pooley, the british nurse who recovered has gone back to work in freetown. And in the United States, dozens of people, including the family of the first person to die of ebola, are coming to the end of the 21damon or thing perio