Good but still will not accept they should be law. Asia is set to follow wall street higher as investors weigh theirdevelopments against cases. The s p climbed for a Third Straight day. Shery lets get you started with breaking news south korea. We are seeing inflation rising faster than expected. Both the month on month and year on year figures now escaping that disinflationary territory. Month on month inflation rising 0. 2 and 18 expectations. The expectation was for no change, also coming out of three months of decelerating prices. When it comes to the year on your numbers, the inflation remaining flat. The expectation was for prices to contract, and its also coming after falling into disinflation for the First Time Since september. Core prices your near rising 0. 6 , which is a faster gain than was expected as well. We have seen a little bit more demand coming from china. The export slump in south korea also easing for the month of june, not to mention exports to china in fact rose
Control. And its own state t. V. Has video of an alleged us mercenary the president of iran says was involved in a failed plot to oust him. Would have been involved it would have gone differently. The u. S. Secretary of state might bump a 0 insists washington had nothing to do with the mysterious incident and the british Prime Minister gets a grilling from the new Opposition Leader as he defends his handling of the pandemic. So the rocket Prime Minister. Has formally taken office after parliament approved a partial cabinet he takes the reins at a time of severe economic crisis brought on by coronavirus but really on top of a lot of the existing financial problems they previous government collapsed last year after mass protests that often turned violent. The vote in parliament was delayed several times to make changes that appeased rival party its so wonderful to in now with more so if youre having to appease a whole lot of parties just to get this through the gates what does that say a
Also in the programme a minutes silence as new zealand pays tribute to the victims of last weeks deadly volcano eruption. And in the philippines, a key day in the cyber libel trial of a journalist and outspoken critic of the president. Good morning. It is 8 00am in singapore, midnight in london, and 1 00am in madrid, where the longest un climate talks ever held have finished with a compromise deal on tackling climate change. The agreement means all countries will put new, tougher carbon cutting plans on the table in time for another major conference in scotland next year. Our science editor David Shukman has the details. Were starting to get a little lost. We are kind of lost. 0k. Confusion and fatigue after the longest session of climate negotiations on record. We are a little confused about what documents are being discussed. The hope had been to speed up the fight against rising temperatures. Instead, the talks limped to a compromise that left many unhappy, especially the island nat
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To american officials and several media outlets. In a statement, Us National Security Officials Say that Arms Negotiations between russia and north korea are actively advancing. We know that the Russian Defense minister travelled to north korea to convince them to sell Artillery Ammunition to russia. We urge north korea to cease its negotiations and abide by the public commitments that pyongyang has made to not provide or sell arms to russia. The two men already met in russia in 2019, for their first ever summit that took place in vladivostok. It is likely that this meeting, should it happen, would take place in that same city or possibly in moscow in september. Here is whatjohn everard, British Ambassador to north korea between 2006 and 2008 makes out of kimjong un and putins plan to meet in russia to discuss weapons. But of course the background is all about the possibility that north korea might supply russia with useful amounts of munitions and other weapons for its war effort agai