Five days of Tropical Storm harvey, and the governor of texas says the worst is not over for some parts of the state, as torrential rain continues to fall. Both the death toll and the water levels are still on the rise. At least 25 people are known to have died. The flooding has forced a number of oil and gas refineries to shut down, affecting almost a quarter of americas fuel output. The storm has now moved on to neighbouring louisiana. From houston, james cook reports. This is what Hurricane Harvey did to houston. Believe it or not, the water has gone down and still swathes of the city look like this. Lives have been lost, homes have been ruined and people are still trapped. From the air, we spotted this couple, desperate for help. Whats happening now is that weve seen these people in the water down below, they re clearly in need of help. Theres a boat, just a few blocks away, but it cant get to them. It cant see them, so were going to use the helicopter to try to guide them in. Slow
Now its time for World Business report. A taxing task for trump, as he pushes plans to ease the burden on business and the middle classes. But can he sell it to a sceptical congress . Plus, crude warning the boss of shell says the price of oil could soon be heading higher as lack of investment squeezes supplies. Welcome to World Business report. Im sally bundock. Also coming up, unexpected good news as chinas factories move up a gear in august. But first, we start in the us in springfield, missouri where President Trump has begun a speaking tour to try and build support for his planned tax reforms. He described the us tax code which hasnt been reformed for three decades as self destructive. And he called for a more competitive system to boostjobs and wages, repeating his ambition to cut americas Corporate Tax rate to 15 . On paper the Us Corporation tax rate is one of the worlds highest, at 35 . Taking into account various tax breaks, top us firms pay a bit less than that, an average o
Figures in the United States and better manufacturing figures in china have boosted growth markets. You may have heard of fin tech but have you heard of phil tech . Were going to get the inside track on how the boss of playmob using technology to expand philanthropy. And as airport currency rates hit a new low in the uk, we want to know where do you buy your currency when going overseas . Just use the hashtag bbcbizlive. And if anyone tells us they buy their holiday cash at the airport, you are banned from the programme we start today in the us in missouri, where President Trump will lay out the details of his planned tax reforms. He described the current tax rules as self destructive they havent been reformed for 30 years. Hes calling for a more competitive system to boostjobs and wages, repeating his promise to cut americas Corporate Tax rate to 15 . On paper, the Us Corporation tax rate is one of the highest in the world its currently 35 . But if you take into account various tax br
Good morning everyone. Committee will come to order. We meet this morning to consider opening a very small portion of alaskas 1002 area to responsible Energy Development to meet the 1 billion budget reconciliation instruction that our Committee Received last week. The 1002 area covers 1. 57 million acres of land in northeast alaska within the nonwilderness portion. You bring it over here, sean. Within the nonwilderness portion of an war. And i think its important to put this in context in terms of the areas we are talking about. Anwar itself is 19 million acres. Approximately the size of south carolina. The nonwilderness area, is approximately the size of delaware. The area here is designated as federal wilderness. So when were talking about anwr itself, i think its importedant to recognize there are parts that are designated as wilderness, parts within the refuge and parts, the 1002 area specifically been designated for consideration for oil and Gas Exploration. So again i want to be
Alaskas delegation senator lisa measure cows ki is the chair of the hearing. Welcome back, everyone. Sorry for the extra tenminute delay but we have finished at least these tranche of voting and hopefully well have an opportunity to get through this last panel with an opportunity for questions and conclude the hearing before we have another round of votes. So thats the hope here. This second panel is perhaps more of our technical panel. We have several witnesses present to help answer questions about modern development on the north slope and what it might look like in the future. Joining us today are mr. Aaron shut. Aaron is the president and ceo of doyon limited. Thank you for being here. You also brought your son with you, which is a great Educational Opportunity for him and we appreciate you both being here. Low w lois epistone is epstein is with us. She has been before the committee before. Following ms. Epstein, we will have mr. Richard glenn, also a frequent flyer here to the to