surged 10% last year to $150 billlion. they have moved to reduce reliance on the us dollar by setting up payment clearing in the chinese currency, the yuan. former brazilian president dilma rousseff is to be sworn in today as head of the new development bank a rival to the world bank and imf set by by the so called brics countries of brazil, russia, india, china and south africa. let s speak now to william jackson, who is emerging market economist at capital economics. xi has been signalling the post covid reopening of china by hosting a series of world leaders. what can we read into the fact that brazil s leader has been among the first? you are absolutely right. as china moves into its postcode environment it seems to be wanting to spread its international wings. we have seen talks between saudi arabia and iran recently, and now we have cordial words with president lula, hayes and china at the moment. there is a big political angle to this, to find a way to cement relatio
president lula da silva is paying a visit. president xijinping president lula da silva is paying a visit. president xi jinping told president lula da silva is paying a visit. president xijinping told his brazilian counterpart that chinese development would create new opportunities for brazil. the also an opportunity for beijing to reinforce ties with one of the world s emerging economic powers, a member of the group of economies which also includes russia, india and south africa. he said he viewed relations with brazil as a diplomatic high priority. the countries agreed a deal to ditch the dollar and trade between them in their own currencies. joining me now is the chief economist, who joins me now. big on promises after this meeting about what these deeper ties will mean for brazil but i wonder what was your to how much detail there was about the opportunities which could present themselves to brasilia. ., ., , brasilia. there were areas where there was detail, brasilia. t
the software also monitors the driver s eyes and will prompt users to take the wheel if they lose focus. the software is in new ford mustang e cars and it s been approved for use on certain motorways in the uk. joining me now is is tom leggett, vehicle technology specialist at automotive risk intelligence company thatcham research. you stress this is not self driving technology, but how far does it take us down that road? yes, you re absolutely right. this is not self driving technology, this is not self driving technology, this is assisted driving technology but it is definitely a step in the right direction. what we are most excited about is the new technology for future automation. these technologies are hd mapping, so that is where the car decide where and when i can t operate, but also driver monitoring. those are the systems that look where the driver
approved for use in certain motorways on the uk. tom leggett as a vehicle technology specialist at the automotive risk development company and i asked him how far this takes us on the road towards fully self driving cars? this takes us on the road towards fully self driving cars? self driving cars? this is not self drivin: self driving cars? this is not self driving technology, self driving cars? this is not self driving technology, this - self driving cars? this is not self driving technology, this is - self driving cars? this is not self i driving technology, this is assisted technology but it is definitely a step in the right direction and what we are most excited about is the demonstration of the new technology for future automation. these technologies are hd mapping, where the vehicle can decide when and where to operate but also driver monitoring as well so those are the systems that look where the driver can see and making sure they are paying attention to the road in front a