Its 7 00am in singapore, midnight in london and 7 00pm in florida, which is bracing itself for the terrifying force of Hurricane Irma. The storm has just made landfall on the us mainland after smashing its way across the atlantic, destroying thousands of buildings in the carribbean. Some small islands have been completely flattened and at least 25 people have been killed. In the us, 6. 5 million residents across the state of florida have been ordered to leave their homes, and more than two million buildings are without power. Aleem maqbool begins our coverage from miami. They warned miami would flood, and it has. Irmas massive downpours and ocean surges combined to inundate the citys financial district. As thousands from the city hunkered down in hurricane shelters, others captured dramatic footage of the storm coming through. That is the road in front of our house. This surge, im going to go with seven feet. This man is one of those who defied the orders to leave his home. He was live
It is 8 00am in singapore, 1am in london, and 8 00pm in florida, which is being hit by the terrifying force of Hurricane Irma, with high winds, torrential rain and widespread coastal flooding. The storm made landfall on the us mainland after smashing its way across the atlantic, destroying thousands of buildings in the caribbean. Some small caribbean islands have been completely flattened, and at least 25 people have been killed. In the us, 6. 5 million residents across the state of florida have been ordered to leave their homes, and more than three million buildings are without power. Aleem maqbool begins our coverage, from miami. They warned miami would flood, and it has. In the hours before it finally hit the florida keys, Hurricane Irma became even more powerful. Brian tribble is one of those who defied the orders to leave his home, and was live on social media as the eye of the Hurricane Katrina it. The massive sea surges were matched by extraordinary footage of the tide being suc
World business report. Keeping the French Economy moving. Emmanuel macrons government lay out its first budget, but will it bring prosperity to all . You can waffle on twitter. The mo characters rule has been relaxed, but will this help the flagging social media giant make a profit . Welcome to World Business report, im sally bundock. We will have more in the programme, including twitter expanding the number of characters, but i am still at 140, number of characters, but i am still at m0, i number of characters, but i am still at140, ican number of characters, but i am still at mo, i can hear you breathing a sigh of relief. Reforming the spluttering French Economy was one of the most important pillars of emmanuel macrons election campaign. Today his government gets the chance to flesh out some of those changes, with its first budget since he took charge of the worlds sixth biggest economy, and macron has a big task on his hands. France has a stubbornly high Unemployment Rate of 9. 5 .
Risk eu leaders gather in tallinn for a digital summit amid warnings cybercrime has risen to unprecedented levels. Plus, first the hurricane, now the financial storm. Puerto rico battles bankruptcy and billions of dollars in debt as it struggles to rebuild. Welcome to World Business report. Im rachel horne. In a moment china ups the economic pressure on north korea as the us secretary of state heads to beijing for talks. But first, we start in the estonian capital tallinn, where European Union leaders are gathering for a digital summit. Theyll be talking about the opportunities of new technology but also some of the risks of increasing digitalization. Lets show you some of the details. Digital business is already the Fastest Growing area of trade in the eu, but it could be a lot bigger. The eu says almost 9. 5 billion a year could be saved by removing barriers to data flowing across borders. But there are also huge risks. According to the eu presidency, by 2019 cybercrime will be costi
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