while india's growth story is strong, but inflation has been a sticking point, and on friday last week, the central bank also did not change the key interest rate, kept it on the higher side, showing its concern on the rising food prices. so that is something the government keenly wants to contain, and after the export curbs were announced last friday, the wholesale prices of onions did see some crashing down but this certainly has not left the exporters very happy. onions are so important to indian cooking aren't they? we saw the response from the farmers, who blocked that highway, what has the response from ordinary people been? well, onion prices have actually gone up substantially since last year, they are almost double. it is a kitchen staple in india and it is also a political subject across states in india, that is why the government is keenly focused on that. there are certainly has been a respite in prices, but most of it will reflect only in coming days when it moves from the wholesale market to the retail market, but for the exporters and farmers it has been a dent, we have seen reports of some of the farmer groups are saying they could file a public interest litigation in the courts against the ban on exports. courts against the ban on “pom-— courts against the ban on exorts. , , , , exports. our business in the correspondent _ exports. our business in the correspondent on _ exports. our business in the correspondent on the - exports. our business in the correspondent on the onion | correspondent on the onion export ban. to latin america. javier miliei has been sworn in as the new president. in his inaugural speech he said shock treatment is needed to jolt the country out of an economic crisis. with inflation heading towards 200%. on the campaign trail included minds to shake up trail included minds to shake up its relationship with china saying he will not deal with communists. the chinese foreign minister warning it would be a serious mistake for argentina to cut ties the country. rebecca ray, a senior researcher with the global china initiative at boston university says it's hard to break ties with the world's second—largest economy. president miliei may not do business with communists but his farmers are happy to do so. it's important to bear in mind that while miliei came to power on a china—sceptic platform, he also came to power on a pro—business platform. and one of argentina's most important business sectors creating the largest number of exports bringing in the largest amount of dollars is agriculture, and where do the crops go? brazil, the eu and china. there is no practical way to cut ties with any of those, argentina's trading partners, any more than brazil or chile or any of their south american neighbours can do. what do you see happening now he is in office? if you like to think about an example that might repeat itself, look to the north, in brazil when president bolsonaro took power in 2019 he also came to power on a china sceptic, pro—business platform and while official lending paused during his time, trade and investment continue to grow to record levels. i would expect to see exactly the same thing happen in argentina between trade and agriculture, and investment in lithium, lithium batteries and electric vehicles, there's simply too much progress and too much momentum for breaking to be in anyone's interest at this point. us chipmaker nvidia plans to establish a base in vietnam to develop the country's semiconductor industry, according to the vietnamese government. vietnam is already in the chip business with intel, it is trying to expand. our business reporter has the details. nvidia is one of the world �*stop semiconductor manufacturers, it is a us california based company founded 30 years ago. and this man, jensen huang was one of the three founders, he is now the company ceo and has been on his first ever visit to the southeast asian country. in meetings with the vietnamese government has told them he regards vietnam as a home for nvidia, a place for attracting global talent. the company has invested a quarter of $1 billion there, on monday, according to reuters, he was expected to discuss deals with vietnamese tech companies and government authorities. the trade tensions between the us and china have made countries in the region other than china attractive destinations for chip design and manufacture. vietnam has hosted intel's biggest chip assembly factory, this visit could mark the beginning of a new relationship to do lure another big producer into the country falls. foreigners will have to pay triple the fees when purchasing existing homes in australia as part of measures to increase the supply of affordable housing. australian treasurerjim chalmers says the move will generate around $300 million in revenue, which can be reinvested into the country. on tuesday the us will release inflation numbers for november, the cost of living showed signs of easing for october but data in the past month shows americans are still spending and inflation remains well above the central bank 2% target. the next day the federal reserve holds its two—day meeting its last one for the year. they have raised interest rates 11 times since early 2022 as it tries to curb that high inflation. rounding the week off as a slew of economic data out of china, including industrial production numbers, house prices and an ointment data, all for the month of november. chinese has been facing an economic slump even after fully been facing an economic slump even afterfully this been facing an economic slump even after fully this year including high youth unemployment and low domestic consumption. analysts are keeping a close watch on what the federal reserve has to say. you have to remember november december have been anything but low financial markets, inflation data from the us a rollercoaster over the last couple of months because we did see inflation eased to 3% as early as june 2023 which see inflation eased to 3% as early asjune 2023 which was a significant decline from the highs of 9% one year earlier, since then it has gone a little bit up and down and now we are starting to go back, is what we expect from the data this week, the main event will be the federal reserve which is the us central bank interest rate decision because we have had a tug—of—war between the you —— european central bank in us bank who will cut interest rates first, we have had a shift in financial market dynamics over the past couple of weeks off looking at the federal reserve there was a distinct possibility last month november they might move december, that has been evaporated, what we need from the reserve is guidance on whether they this policy could be worked anytime before the summer months. fire be worked anytime before the summer months.— summer months. are you concerned _ summer months. are you concerned about - summer months. are you concerned about interest| summer months. are you - concerned about interest rates and new us or the chinese slowdown? it and new us or the chinese slowdown?— and new us or the chinese slowdown? , ., . ., slowdown? it is global central bank policy — slowdown? it is global central bank policy we _ slowdown? it is global central bank policy we have _ slowdown? it is global central bank policy we have had - slowdown? it is global central bank policy we have had such | slowdown? it is global centrall bank policy we have had such a significant shift in momentum, november was the best month for global financial markets in terms of stocks and indices for years, based on the expectations it would be the us federal bank that would lead the pack to cut interest rates first because after the gdp for the third quarter 2023 came out annualised 5% there was relentless growth, a lot of concerning pessimistic signs from some of the federal reserve spokespeople suggesting the us economy would slow down we have not seen that in the data but a jack—in—the—box mime because the european central bank has seen the data coming towards the slower 2.56% which is close to the central bank target, that's why the market shifting momentum back euros rather than the doll and we are thinking maybe we might have a left—field move here will be the european central bank that will cut interest rates first with the global central bank narrative next year, which is why we are seeing such a shift in dynamics. why we are seeing such a shift in dynamica— in dynamics. let's look at markets- _ in dynamics. let's look at markets. aged _ in dynamics. let's look at markets. aged drift - in dynamics. let's look at l markets. aged drift lower, in dynamics. let's look at - markets. aged drift lower, the hang seng down one point 5%. lots of traders looking saying the outlook for a rate cut in the outlook for a rate cut in the us, that is why it is down but the nikkei some optimism there, the nikkei is up, everyone looking for signs of those interest rate cuts at the federal reserve meeting later this week. china data also weighing on sentiments. that's all the time we have for you. thank you for watching. one of the most iconic buildings in britain, king's college chapel has been turning heads and craning necks for almost 600 years. but 160 feet up above that scaffolding, work's started to see it through the next hundred. a year—long conservation of a leaky chapel roof now complete, the focus shifts from conservation to sustainability. we are putting on a38 panels — 219 for the slope north, south slope. we will be complete by the end of december. what does this mean in real terms? powerwise, it means an anticipated 123,000 kilowatt hours per year. that reduces carbon emissions by more than 23 tons a year — the equivalent of planting over a thousand trees. we are responsible for this amazing iconic building, representing tradition. but the college is really about education, young people always looking into the future and, as we look into the future, we know we have to be serious about sustainability and that is what we have really wanted to do and i think the energy of that came through and i think we caught the moment. once complete, the panels won't change the view, a view that's equally stunning from below and above. for more stories from across the uk, head to the bbc news website. vmcsovsk: sac news - - bringing you different stories from across the uk. they risk their lives to save others in peril at sea. last year, it cost the rnli £188 million to run its life—saving service. the donations mean the charity can keep improving its service, which includes building a new lifeboat station in cleethorpes. it's costing £3 million. it should've been opened in the summer but the build's on hold after the first contractor went bust. the building site takes up 2a parking bays here and north east lincolnshire council has charged the rnli just over £38,000 for the use of these while the building takes place, albeit the charges are on hold until the construction here resumes. north east lincolnshire council says the agreement with the rnli over the £38,000 reimbursement fee is in line with arrangements for similar building projects around the country. one opposition councillor is furious. it should be accepted as a loss because the rnli are providing a brilliant service for this area and this town. the rnli says it negotiated the fee and that it always seeks to make best use of funds. for more stories from across the uk, head to the bbc news website. hello and welcome to sportsday. i'm karthi gnanasegaram. here's what's coming up on the show. back on track: manchester city's winless run comes to an end as they come from behind to beat luton town. the wsl title race hots up as arsenal have an emphatic win over hayes' champions chelsea. and lessons to learn as england lose the game but still win the t20 series against india. hello and welcome to the programme. we start with the premier league, where manchester city brought their run of four games without a win to an end after coming from behind to win 2—1 at luton. city were without the league's top striker erling haaland, who was missing with a foot injury, and the home side took advantage at the end of the first half. elijah adebayo heading home, to put luton on course for what could have been one of the big upsets of the season. but not to be in the end as city came out and delivered in the second half. bernardo silva and jack grealish with the goals for the victory, which ends pep guardiola's streak of four league matches without a win. they're still fourth, two points behind aston villa. luton stay in the bottom three.