Wall street puts its doubts aside as the dowjones finally hits 20,000. Plus, tax wars. Can Brexit Britain and trumps us beat the likes of ireland at their own game and lure back the multinationals and their billions . Welcome to World Business report. Im sally bundock. We will be checking how markets are doing in asia injust a moment. We start in the us where President Trump has been provoking more controversy over his plans to wall off mexico. Meanwhile, traders at the New York Stock Exchange are cheering the trump effect. Heres what they have been celebrating the Dow Jones Industrial average of top us shares ended here, finally closing above 20,000 points For The First Time in its isi year history. Its a huge psychological milestone for traders, the dow has now risen some 9. 5 since the election in november, one of its biggest rallies on record. It got within one point of 20,000 back on january sixth before nerves caused the rally to fizzle out. But since President Trumps inauguratio
Be live at the State Department, where the entire Senior Management tea m where the entire Senior Management team has resigned. Barbara plett will explain that one for our struggle for us. How about this for a headline from the Washington Post when it was put on nine, it was shared thousands of times every minute. The entire Senior Management tea m minute. The entire Senior Management team has resigned. Barbara plett usher can explain. What is the story . Well, yes, senior members of the Management Team have resigned. Actually, ros, it is not so unusual, whenever there is a change of administration, fulfilling these kinds of postings, which are appointed for term limits, have to offer their letter of resignation. It is not unusual, especially for senior people, to be kept on for a to smooth the transition in the State Department. But in this case, all of these people were apparently told, we dont need you, and so they are leaving. It means that the incoming Secretary Of State will have
Be live at the State Department, where the entire Senior Management tea m where the entire Senior Management team has resigned. Barbara plett will explain that one for our struggle for us. How about this for a headline from the Washington Post when it was put on nine, it was shared thousands of times every minute. The entire Senior Management tea m minute. The entire Senior Management team has resigned. Barbara plett usher can explain. What is the story . Well, yes, senior members of the Management Team have resigned. Actually, ros, it is not so unusual, whenever there is a change of administration, fulfilling these kinds of postings, which are appointed for term limits, have to offer their letter of resignation. It is not unusual, especially for senior people, to be kept on for a to smooth the transition in the State Department. But in this case, all of these people were apparently told, we dont need you, and so they are leaving. It means that the incoming Secretary Of State will have
Be live at the State Department, where the entire Senior Management tea m where the entire Senior Management team has resigned. Barbara plett will explain that one for our struggle for us. How about this for a headline from the Washington Post when it was put on nine, it was shared thousands of times every minute. The entire Senior Management tea m minute. The entire Senior Management team has resigned. Barbara plett usher can explain. What is the story . Well, yes, senior members of the Management Team have resigned. Actually, ros, it is not so unusual, whenever there is a change of administration, fulfilling these kinds of postings, which are appointed for term limits, have to offer their letter of resignation. It is not unusual, especially for senior people, to be kept on for a to smooth the transition in the State Department. But in this case, all of these people were apparently told, we dont need you, and so they are leaving. It means that the incoming Secretary Of State will have
Names. Within the last hour, theresa may has arrived at the white house, the first foreign leader to meet President Trump since he took office a week ago. Lets show you pictures of the two leaders inside the oval office. We are expecting them to give a News Conference any time now, possibly in the next half hour. We will keep watching that and bring it to you as soon as it starts. Top of the agenda will be took of trade, with theresa may saying she wants to renew the Special Relationship between the uk and the us. Mr trump has previously said he is open to a fairand has previously said he is open to a fair and speedy deal with the uk. But he has also warned that he will terminate agreements with 30 days notice if he doesnt like them. Lets go over to Laura Trevelyan in washington. How big a deal is it for theresa may to be the first foreign leader to be invited to the white house under donald trump . Leader to be invited to the white house under Donald Trump7m leader to be invited to th