let s start here in the uk where the new chancellor has been holding crunch talks with the prime minister on sunday to thrash out plans on tax and spending. jeremy hunt says his focus is on growth underpinned by stability. the value of the pound has gone up against the dollar in early trading today in asia. we will look at the market numbers in a moment because the new chancellor has the tough task of restoring economic credibility in the financial markets. our international trade correspondent dharshini david explains some of the tough challenges he faces. as international trading resumed for the first time after the chancellor wrapped up an economic strategy launched just one month ago, but his version, will it reassure other financial markets? let s look at those challenges, because this is the cost of new government borrowing, as dictated by the bond markets, which also impact mortgage rates. that rate remained high on friday then it was prior to september s mini budget.
hello and welcome if you re watching in the uk or around the world. twitter s new owner elon musk has defended his decision to sack about half the workforce without warning. mr musk tweeted that he d had no choice when the social media platform was losing more large sums of money. and he s insisted twitter s commitment to content moderation remains unchanged, despite the loss of key staff. in an interview, elon musk revealed that twitter was losing around four million dollars a day and costs needed to be cut. he promised twitter wouldn t degenerate into what he called a free for all hellscape when content moderation is loosened but advertisers including general motors have withdrawn their business which may lead to a drop in revenues. and now twitter faces lawsuits from the hundreds of employees over the way they were fired. out technology editor zoe kleinman reports. he was a surprise guest at this investor conference in new york. . meanwhile, many twitter staff were locke
as ukraine s forces gear up for battle. and we meet the british teenagers, getting a chance to explore antarctica, thanks to their work in the community. hello and welcome if you re watching in the uk or around the world. thousands of people have been taking part in candlelit vigils in south korea, to remember the 156 people killed in a crush on halloween. the victims, mostly young people, were among around 100,000 people who had flocked to the popular itaewon nightlife district in the capital seoul. 0ur correspondent nick marsh is there and sent this report. it has been organised by one of the groups who are anti government and are affiliated to the opposition party. it is more of a protest than a vigil. the people i have been speaking here want the resignation of the south korean president. they say that he and his government are responsible for the tragic loss of life on saturday night. clearly, we know that there have been police failings were not enough officers were dep
hello and welcome if you re watching in the uk or around the world. twitter s new owner elon musk has defended his decision to sack about half the firm s workforce without warning. mr musk said the social media platform was losing large sums of money every day. he s insisted twitter s commitment to content moderation remains unchanged, despite the loss of key staff and anxiety among advertisers. in an interview, elon musk revealed that twitter was losing around $4 million a day, meaning costs had to be cut. he promised twitter wouldn t degenerate into what he called a free for all hellscape when content moderation is loosened. but advertisers including general motors have withdrawn their business, which is likely to lead to a drop in revenues. and now twitter faces lawsuits from the hundreds of employees over the way they were fired. out technology editor, zoe kleinman, reports. elon musk did not speak to any of the twitter employees laid off today. he was a surprise guest
to sack thousands of staff at twitter, but admits revenues will drop. and we meet the british teenagers, getting a chance to explore antarctica, thanks to their work in the community. good afternoon. police say the firebombing of a migrant processing centre in dover last sunday was motivated by an extreme right wing terrorist ideology. 66 year old andrew leak from buckinghamshire threw up to three incendiary devices at the site. he is believed to have later taken his own life. the government has been facing widespread criticism for its handling of overcrowding at an immigration centre nearby. meanwhile, overnight there was a disturbance at an immigration centre in west london. it s understood that a group of detainees armed themselves with weapons during a power cut. the home office says no one was injured during the incident at harmondsworth detention centre and the people involved have been returned to their rooms. our correspondent, emily unia, told us more. this happened