U. S. And china are trying to temper some of the repercussions trade war is having. You can see euro stocks gaining 0. 6 . The yen is also a good litmus 7. 81and you can see one of 107. 81. Tomorrow, we also have the ecb to look out for. Coming up, we speak to the former u. S. Ambassador to the European Union. Dont miss that interview at 10 30 a. M. London time. We talk u. S. Foreignpolicy and brexit. Lets get straight to the first word news. U. S. Goods to be exempted from tariffs last year were announced by china at the top of the list are pharmaceuticals and lubricant oils. Beijing is seeking to ease the impact from the trade dispute without lifting charges on agricultural item like soybeans and pork. The ministry of finance says further rounds of exemption will be released. Morgan stanleys ceo warned against the fed cutting too easily but says he supports of the reductions made so far. He made the comments at the Columbia Business School in new york. I have supported the latest fed
Good afternoon. Its 3 01. Our top stories this hour. Donald trump has arrived at a court in new york where hes due to stand trial in a civil fraud case. Now, we should be able to see pictures coming to us live from manhattan where the former us president is accused of inflating the value of his assets by billions of dollars to secure better loan and insurance terms. And for those of you watching on television, we can see live footage there of donald trump speaking outside the civil court in new york city. Now, of course, this comes a week after the judge found that mr trump was liable fraud will was liable for fraud and will largely concern the penalties that he must face. Now, the prosecutor is seeking 250 million fines and a permanent million in fines and a permanent ban against trump from running businesses in new york. Well bnng businesses in new york. Well bring you more on this story as we get in. Well, a government source has told gb news that no decisions have been taken on hs2
With every day that passes right now, it is becoming clearer that scotlands voice cannot and is not able to be heard within the uk on this question. We will have the latest on this Landmark Ruling and the reaction to it. In other news President Trump meets us car makers and tells them to keep manufacturing on american soil. The widow of a man killed in the Tunisia Terror Attack tells an inquest how she played dead as the gunman killed 38 people. City of stars, are you shining just me. And la la land tops the oscars race with a record equalling 14 nominations including best picture. Its five oclock. Our main story is that ministers will present a parliamentary bill within days to start the process of leaving the European Union following a ruling by the Supreme Court. The judges decided that ministers did not have the right to trigger the process of leaving without the approval of parliament. Labour says it will not block the Brexit Process, it wants what it calls a meaningful vote on th
Economic rules of the road at the expense of American Workers. A top chinese official echoing what the president of china said at davos. We are ready to fill that role. Relish to be the leader of trade. What changes now . Immediately not much. The move could shape the future of global trade. This was the biggest trade deal, by the way, in history. It would have cut import export tariffs and allowed American Products cheaper access. One country you dont see on the map is china. The deal is pitched a way to counter chinas rapidly growing influence in the region. Now President Trumps move to withdraw leaves china in the position to fill the void. The u. S. Negotiated three protectio protections. Labor laws all partners tho s h follow. Rules for environment and intere intellectual property. The big question is will the rere remaining 11 nations move forward . Australia is not committed. Officials from japan and singapore say the deal without the u. S. Is essentially dead. Some are looking
Sufficient. It is that case that the oral testimony which was given by the accuser has weakened. The memories fade for natural reasons. That full at have to side of that the evidence is not Strong Enough to continue pursuing an indictment. Also coming up the earlier this year a french judge ruled in favor of a rooster in a noise complaint smell the defendant is a duck will the same justice applied to birds of a different feather. I dont think im not well so these ducks are a problem my ducks make new ones. And this bothers the neighborhood of what. You our viewers on p. B. S. In the United States and all around the world that welcome we begin the day in which the 2 cases against julie the songs became the one kick against julian of songe the world knows the songs as the founder of wiki leaks and the man accused by the u. S. Of helping carry out one of the biggest leaks of classified documents in history but there is a 2nd legal case against assad make that there was a 2nd case in 2012