and inflation falls sharply in the eurozone. will the european central bank change direction as a result? welcome to world business report. i mjagdip cheema. let s start with an important trade deal, because the uk has struck a deal to join a trans pacific trade pact consisting of 11 countries. together, these pacific rim countries which doesn t include the usa account for 13% of global gdp. the pact it s called the comprehensive progressive agreement for trans pacific partnership aims to cut 95% of import charges or tariffs. the initial gains for the uk economy may be only marginal, though that s according to the government s own estimates. we re nowjooined by our global trade correspondent, dharshini david. on one hand these 11 countries account for 13% of the world s income, but for the uk it might only be marginal growth as a result, is this a big deal? this a big deal? really good question- this a big deal? really good question- ct this a big deal? really
together, these pacific rim countries, which doesn t include the usa, account for 13% of global gdp. the pact, it s called the comprehensive progressive agreement for trans pacific partnership, aims to cut 95% of import tariffs. the initial gains for the uk economy may be only marginal, that s according to the government s own estimates. here s the bbc s global trade correspondent, dharshini david, explinaing what that pact, is all about. cptpp is more thanjust cptpp is more than just a cptpp is more thanjust a mouthful. it is a packed between 11 nations and they are reducing those tariffs and they are reducing those tariffs and they are also making it easier to trade with each other and to invest in each other, supply chains should run more smoothly, but why is it when you look at the government estimates, they are talking about a gain of 8p in every £100 of income in ten years time. the uk already has trade deals with all but two other members of cptpp, so the increased g
live from our studio in singapore. this is bbc news it s newsday. welcome to the programme. the police in texas are facing criticism for how they responded to the mass school shooting in uvalde on tuesday. some parents say officers appeared hesitant to confront the teenage gunman after he barricaded himself inside a classroom and that led to a delay in tackling the shooter. but at a news conference a texas police official said special equipment and negotiators were required and officers also had to evacuate the rest of the school. the attacker killed 19 children and two teachers in the space of up to an hour, before he was himself shot dead. our north america editor sarah smith sent us this report. all of the 19 children who were killed in the same school class. this boy s family had to wait 12 hours before they were told he was dead. this girl had been given a phone for her tenth birthday and she used it to try to call the police. jackie had just celebrated herfirst commun
outages at el shifa hospital in north gaza means dozens of premature babies and 45 kidney patients needing analysis can t be treated. the idf now says it s working to transfer incubators. ongoing fighting in the area has continued as israel says hamas s command centres are on hospitals and insists it is not targeting medicalfacilities insists it is not targeting medical facilities themselves. expressing his concern monday, president biden said hospitals must be protected. the un says it ll run out of fuel in gaza as soon as tuesday, making it impossible to distribute aid to the more than 2 million people the more than 2 million people the strip. hamas run health ministry says more than 11,000 people have been killed in gaza since israel began strikes after the hamas attacks on 7 october where talking to people were killed by more than 200 taken hostage. see ta ken hostage. see international correspondent orla guerin has more at a warning that the report contains scenes you ma
to a lack of power. expressing his concern on monday president biden is that hospitals must be protected. at the un also says it will run out of fuel in gaza as soon as tuesday. making it impossible to distribute aid to the more than 2 million people in the strip. see international corresponded orla guerin has more and awarding the report contains scenes you may find distressing. war is closing in, and they are running out of time. these premature babies at al shifa hospital, fighting for life without incubators. since these pictures were taken at the weekend, several babies have died at the hospital, according to health ministry officials. the hospital grounds already look like a war zone. palestinians say this is the aftermath of a recent israeli air strike. israel denies targeting the hospital. but the us presidentjoe biden has intervened, saying al shifa must be protected and he hopes there will be less intrusive action. crammed inside, along with 600 patients, about 2,00