The message as the eu and japan close in on a huge free trade deal, but can it see off the rise of protectionism and nationalism . Plus high steaks scandal why a Corruption Probe is carving a slice out of brazils multi billion dollar meat industry. Welcome to World Business report. Im ben bland. In a moment, its 30 years since kfc launched in china, but the nations hunger for fast food is slowing. But we start in brussels, where, in a few hours time, the eu and japan will sign off a major trade deal covering everything from cars to cheese. It comes despite doubts Around The World about free trade deals and the rise of Trade Protectionism in the us under the trump administration. Lets show you the details. Japan and the eu account for about a third of global gdp thats 21 trillion. Both sides believe their Trade Relationship has room to grow, to get even bigger. Eu Officials Say the deal will boost the eu economy by 0. 8 , and japans by almost a third of a percent. Among the big winners,
Downbeat session in asia. And well be getting the inside track on alipay, the chinese Digital Payment giant owned by ecommerce giant alibaba. The ceo will be joining us later. And as jay zs digital only album goes platinum in under a week we want to know, what was the last physical album you bought . Let us know. Just use the hashtag bbcbizlive. Welcome to the programme. In a few hours time, the eu and japan will sign off on a major trade deal in brussels covering everything from cars to cheese. It comes despite doubts around the world about Free Trade Deals and the rise of Trade Protectionism in the us under the trump administration. Japan and the eu account for about a third of global gdp thats over 21 trillion. Both sides believe their Trade Relationship has room to get even bigger. Eu Officials Say the deal will boost the eu economy by 0. 8 and japans by almost a third of a percent. Among the big winners, the car industry. The eu will scrap a 10 duty on japanese car imports, while
And so far, the focus has been on the british position. What is theresa mays plan . Again, completely artificial. In 2017, we are going to get real, because we will hear the European Union position as well. And when that becomes clear, i think the dynamic of the internal politics of the conservative party, the position of other mps in the house of commons, scotland, will become 100 times more complicated than the position at the end of 2016. So i think brexit in 2017 is going to become very, very difficult for theresa may in particular, and the and the government as a whole. Thats something to look forward to. Can i make a prediction about 2017, which i rarely do, which is that brexit will be top of the news agenda in britain, and all across europe it wont be. It will be one of the things, but the French Election will be top of the agenda. Of course. The german election in germany, the italian banks disaster. It might come a close second, i think, after all the elections taking place i
Called across the country. Into monday, we have largely dry conditions, sparkling winter sunshine. Some wintry showers for exposed coasts. But it will be a cold day. 3 six degrees at best. It will essentially stayed chilly as we go on through the rest of the week. The latest headlines from bbc news. At least 35 people have been killed in a gun attack on a crowded nightclub in istanbul. Another a0 have been wounded. Up to 600 people are thought to have been inside the reina club when the shooting happened. The citys governor has called it a terrorist attack. The United Nations Security Council has unanimously welcomed efforts by russia and turkey to stop fighting in syria and says it supports the start of a political process. Peace negotiations are due to begin next month in kazakhstan which have the backing of russia, iran and turkey. Now on bbc news, its time to look forward to 2017 with dateline london. Hello, and welcome to dateline londons look ahead to 2017. What a joyful year its
Hello, and welcome to dateline londons look ahead to 2017. What a joyful year its going to be. Britain will move calmly towards brexit, the European Union will solve all its problems with migration, unemployment and insolvent banks, donald trump will begin a glorious four years as president , The Middle East will finally be at peace, and we can all dream. Back in the real world, lets hear what our expert panel think. Im joined by Stryker Mcguire of bloomberg markets, Abdel Bari Atwan who is a writer and broadcaster on arab affairs, Agnes Poirier of marianne, and Steve Richards who is a british political commentator. Britain first, to coin a phrase, and we can all predict that article 50 will indeed be invoked by march, beginning the formal process of leaving the European Union. But where will brexit, and indeed the eu, be by the end of 2017 . With political change in france and italy, and possibly in germany too. What do we think is going to happen . I think 2017 will be much more diff