As a mentioned, it has proved positive for the markets. President trumps plans for the biggest shakeup of trumps plans for the biggest sha keup of the trumps plans for the biggest shakeup of the countrys tax system since the 1980s took a step further on thursday. The house representatives voted to pass a broad package of tax reforms being pushed by the president. He says they will boost the us economy, but critics on the democrat side call them a give away to big business and the wealthy. Some republicans are also concerned about the cost, almost 1. 5 trillion. Well, the debate now moves to the senate, where the republicans have just a narrow majority. The bbcs Samira Hussain explains. Taxes. Americans dont like paying them and most agree that the tax system is broken, but fixing it, well, thats not easy. The president says he wants a tax code that so simple you could fire lit on a postcard. The Republican Party has control of the us congress, which means they could pass a new tax plan
Sell off, encouraged by solid Quarterly Earnings reports on wall street. And well be getting the inside track on Donald Trumps tax plans, plus what is happening in saudi arabia with our Business Editor, simonjack. And its being reported that scientists have sent a secret message to reach alien life elsewhere in the universe. Today we want to know what would you ask or say to any extra terrestrials out there . Just use the hashtag bbcbizlive. Du toit in and let us know youre out of the world responses. We start in california, where in the last few hours electric car maker tesla has unveiled its latest venture. Founder elon musk hopes to take on the road transport business as he has the car industry with an electric powered truck called the tesla semi. Dave lee was at the launch. This is the new tesla semi. It will travel 500 miles on a single charge and elon musk thinks it will make electric the new king of the road. The thing that looks like its not moving. Is a diesel truck. But he ha
With lots of sunshine coming through. Some beautiful weather watchers pictures into the afternoon. Temperatures ten or ii degrees. With the light winds and sunshine that is not bad, but it is not for all. Looking at the satellite picture, high cloud and to wales and Northern Ireland, further north shower clouds moving to scotla nd north shower clouds moving to scotland and northern england, accompanied by Gale Force Gusts. Some of the show is frequent, heavy with hail and thunder and even snow to the higher ground. They will continue to the rest of the afternoon, one or two perhaps into north west england but a beautiful afternoon for many. Highest values likely of around seven to 10 degrees. Down on yesterday but hopefully the sunshine will compensate a little. As we go through the night we keep a strong, Gale Force Gusts in the north, and the news and showers keep coming. Elsewhere it becomes messy, we are going to see a bit of drizzly rain pushing into wales in South West England. N
From the start of the session. Lets have a look at what is going on. Done. Ally is not average. The today it can go higher. We have the Shanghai Stock Exchange positive. A clear outperformance. This is what we have in the moment. Lets take a look at the here and now. Find out what is going on in singapore. Subdued. Ubdue mostly lower when it comes to sessions there. The deck one races to 10,000. Not look like it is helping in taiwan so far. Take a look at the big picture. Very much as crude focuses on a twoyear high. Taking a closer look, the end Holding Gains that we saw overnight. This is being thrown into the next. In tokyo, we have pharma falling by the most since 2011. Is president of the company to hold a press conference at 10 30 a. M. Local time in what you take a look for the sox, your seating Trading Volume over a hundred percent over the 20 day average. It is a good day for other companies to show you. Are as we head towards the china , thanks. Levelhas raised its alert afte
Im happy to welcome the new members we look forward to their participation in the work of the council. Their experience and wisdom will with invaluable assistance the councils responsibilities. I would take the opportunity to expose the gratitude to the outgoing members, namely egypt, fory, ukraine, and uruguay, their work to the council during their terms. I should also look to take this opportunity to pay tribute on behalf of the council to his excellency, the representative to then for his Service Council for the month of december 2017. Im sure i speak for all members of the council in expressing deep appreciation to the ambassador and for the next girl that helped reached the Council Business decision last month. In accordance with rules 37 of the councils provisional rules procedure, i it is so decided. With will 39 of the councils provisional rules us tocedure, i invite stand secretary general for Political Affairs to participate in the meeting. Scotus. The Security Council will