pressure as well. the main problem is that the company has nearly £14 billion of debt, so it has a substantial interest bill to pay every year. that interest bill is currently going up because interest rates are going up. some interest rate payments are related to inflation, which is very high. at the same time, it s having to spend over £1 billion a year in infrastructure, water mains, stopping leakage and there s a regulatory review coming up in a few years which may mean it will have to invest even more. thames water needs to raise money from somewhere but if it can t get it, the government is looking at options. we need to make sure thames water as an entity survives. there s a lot of work the government is doing on resolving sewage. up until now, the regulator has been focused on keeping consumer bills down but there is a lot of infrastructure work that needs to take place and we need that entity to survive. in a statement, thames water says it s working constructively
Ministers brace for talks with us trade officials as President Trump tells car makers they must build more vehicles in america. A warning from lego that more must be done in china to stop counterfeiters as its own Master Builder struggles to tell a fake brick from a real one. Welcome to World Business report. Japan enjoying lower or ill prices with a Trade Surplus for six years. Mexicos economy Foreign Ministers are due to meet top us officials later today as they brace for the renegotiation of nafta the north American Free trade agreement. President trump is pushing to bring more Manufacturing Jobs back to the us. Hes already met with the heads of ford, General Motors and Fiat Chrysler telling them they must make more of their cars in america. The us is a key market for mexico. Taking a look at this graph you can see its exports to the us have surged since nafta came into force in 1994. Mexico now sells more than 270 billion worth of goods to the us every year. Its thought talks betwe
Kramatorsk. live now to sergiojaramillo caro, former high commissioner of peace under presidentjuan manuel santos, leading the colombian peace process between colombia and the farc guerrillas between 2012 and 2016. i was wondering if you could describe what happened? we were there as part describe what happened? we were there as part of describe what happened? we were there as part of a describe what happened? we were there as part of a campaign - describe what happened? we were there as part of a campaign we - describe what happened? we were l there as part of a campaign we were running which was called, hang in there, ukraine,, building bridges and showing voices of support. and we were doing a field trip and collecting testimonies so people who live on the ground dust from people who live on the ground. after we are at a restaurant, finally we were