semiconductors and it falls to us companies. it is important for the us to get to trade with taiwan so nvidia which is at the forefront of this frenzy, basically 40% of this is produced so. we this frenzy, basically 4096 of this is produced so. . . this frenzy, basically 4096 of this is produced so. we also know that the us is trying is produced so. we also know that the us is trying to is produced so. we also know that the us is trying to reduce is produced so. we also know that the us is trying to reduce its - the us is trying to reduce its dependence on china and so taiwan a worthy alternative. although, not able to pick up some of the slack because china is, of course, the powerhouse economy. the workshop of the world. ~ ,,., , powerhouse economy. the workshop of the world. ~ , ,., , . powerhouse economy. the workshop of the world. ~ ,,., , ., , powerhouse economy. the workshop of the world. ~ , ., , ., the world. absolutely. china is an extremely important the w
where in a few hours time for emergency talks on how to deal with the country s debt ceiling. some reports say the treasury secretary janet yellen has been personally calling chief executives to warn them of the dire consequences a default could have on the us and the global economy. so how did washington end up here? michelle fleury, north america business correspondent. it feels oddly familiar, these last minute talks to try and avert a crisis. last-minute talks to try and avert a crisis. , , , , ., ~ , crisis. yes. this is high-stakes olitical crisis. yes. this is high-stakes political theatre crisis. yes. this is high-stakes political theatre that crisis. yes. this is high-stakes political theatre that we - crisis. yes. this is high-stakes political theatre that we are i political theatre that we are witnessing, president biden will meet with congressional leaders later today, meet with congressional leaders latertoday, but meet with congressional leaders later today
hello and welcome to bbc news. i have the top stories. with british supermarket prices spiralling fast, rishi sunak is promising more seasonal visas for farming. promising more seasonal visas forfarming. that promising more seasonal visas for farming. that story coming up for farming. that story coming up later on. but first, one of the world s biggest car makers, stella ntis, which produces vauxhall cars here in the uk, has urged the government to renegotiate part of its eu trade deal or run the risk of making the business unsustainable. stellantis, whose brands also include peugeot, citroen, chrysler and fiat, says its concerns are related to electric vehicles. stellantis says the surge in the cost of raw materials has made some of the conditions of the post brexit deal signed in 2020 are no longer achievable. our economics editor faisal islam has the story. electric vehicle manufacturing is supposed to be the future of the car industry, replacing these conventional cars, b
between the voting systems firm dominion and fox news. star hosts tucker carlson and sean hannity are also expected to take the stand. more on all of those stories in a few minutes. first, a full round up from the bbc sport centre. hello. day four of the world snooker championship is well under way with two england vs scotland battles under way in the afternoon session. john higgins is leading david grace 10 7, and england sjudd trump is taking on anthony mcgill, where he s leading at the crucible. let s take you straight there. that is anthony mcgill at the table, a ropey start but he came from two frames down to level at 2 2. however, trump has fought back and took the fifth frame, which means he is now leading 3 2. don t forget, judd trump was last year s finals, eventually it was until ronnie o sullivan. mcgill has only beaten judd trump winds in his career. security of course stepped up at the crucible after last night s protest, uninterrupted coverage on bbc iplayer, th
has set out its economic forecast for the year. the country has set a modest target for economic growth this year of around 5%, as it kicked off the annual session of its national people s congress which is poised to implement the biggest government shake up in a decade. last year, successive strict lockdowns slowed growth in china. official figures show the world s second largest economy grew by 3% last year, which was way below the government target of 5.5% and its slowest for decades. janet mui is head of market analysis at brewin dolphin. talk to me about this slowdown because it is a sort of figure that most developed economies would love to have right now, but a slow down to have right now, but a slow down to 5% marks quite a shift in a china s economic outlook. good morning- china s economic outlook. good morning. thank china s economic outlook. good morning. thank you china s economic outlook. good morning. thank you for - china s economic outlook. good morning.