it's also a sign that opec plus are really trying to a strong aid for pricing. what they have done is defence surplus which was otherwise in deficit. allowing parts to be unwound and actually deficits to be suspected, keeping prices elevated. suspected, keeping prices elevated-— suspected, keeping prices elevated. �* ~ , elevated. are we likely to see a bit of an _ elevated. are we likely to see a bit of an impact _ elevated. are we likely to see a bit of an impact on - elevated. are we likely to see a bit of an impact on britain i a bit of an impact on britain prices? a bit of an impact on britain rices? ~ �* , . ~ prices? we've seen them market “um - , prices? we've seen them market “um, but prices? we've seen them market jump. but this — prices? we've seen them market jump. but this is _ prices? we've seen them market jump, but this is a _ jump, but this is a structurally out... if demand doesn't recover, we're looking at sustained deficits what is a precarious situation with stocks and on geopolitics. but if the market does end up, what we are seeing is it could extend 1.7 million cuts and keep the market in deficit anyway. opec is keeping spare capacity in the middle east on hold to be able to release a little bit more if needed because all this time and deficits are happening despite the fact that supplies being disrupted from the middle east conflict. that still could play out and tighten things up to a much stronger degree.- out and tighten things up to a much stronger degree. over the weekend. _ much stronger degree. over the weekend, high-level— much stronger degree. over the weekend, high-level meeting i much stronger degree. over the weekend, high-level meeting of weekend, high—level meeting of the world trade organization failed to reach agreement with delegates, blaming the impact of two political tensions. the five—day gathering ended saturday with no consensus on new rules for agriculture and fisheries. wto described the talks as intensive and difficult, with the director general saying they had come up against an international backdrop marked by more uncertainty than at any time she could remember. thousands of delegates are preparing to meet in beijing as china kicks off its annual parliamentary meeting on tuesday. it's they timer the government applies economic land for the year, for the country is facing a number of challenges, with many hoping they will unveil some bold policies to get the economy a much—needed boost. our business reporter katie silva reports. the country's post—pandemic recovery has been disappointing. youth unemployment is high, governments are saddled with debt and people aren't having babies, raising questions about the future workforce. let's not forget that's all before the downturn in the real estate sector, accounting for about a quarter of the economy. falling property prices are hurting consumer confidence. people are less willing to spend, and unlike in much of the rest of the world, prices in china are falling. all of that might feel welcome, but it also signals that things are not well with the economy. that's just what's happening inside china. restrictions on ship exports are hurting the country's tech ambitions. it's a very tricky situation to make policies for. beijing has been trying. the country's central bank has been cutting key central rates. beijing hasn't shown any inclination to spend money to turn the economic fortunes around. analysts say there are limited tools in the arsenal. the speech will be closely watched. he's expect to announce china's target for the year and many announce china's target for the yearand many are announce china's target for the year and many are helping a road back to get country back to boom times again. for more, i spoke with andrew cole year, the former president of the bank of china subsidiary. he told me he's not expecting big spending from the government. 1 expecting big spending from the government-— government. i see it as basically _ government. i see it as basically is _ government. i see it as basically is rallying - government. i see it as basically is rallying the | basically is rallying the troops to double down on xi jinping's goalfor a technocratic sort of jinping's goal for a technocratic sort of software and hardware driven economy that's going to conquer the world. and i think he's kind of dreaming and overcoming the difficult problems within china that requires a different path, and he's not going in that direction.— and he's not going in that direction. ~ ., ~ ., direction. also talking about the chinese _ direction. also talking about the chinese government - direction. also talking about. the chinese government having limited options in trying to stimulate the economy. they have among _ stimulate the economy. they have among the _ stimulate the economy. they have among the highest - stimulate the economy. tia: have among the highest debt stimulate the economy. tta: have among the highest debt to gdp in the world. they've got the property market up to 30% of gdp and has basically poland by 30%. —— basically fallen. they had a boom over the past decade and instead of letting the free markets try to grow and get the amazon of china to move forward, they're putting $1 trillion and more into semiconductors, which is a great idea, except it's going to take a decade to bear fruit. other areas like the electronic vehicle industry are really too small to help the economy very much. given the pushback, it's unlikely to result on large exports. they don't have a lot of choices at this point. what's your applet for china? what's your applet for china 7 it what's your applet for china? it seems like you're quite pessimistic. i it seems like you're quite pessimistic.— it seems like you're quite essimistic. ~ �* , ., pessimistic. i think it's going to be difficult. _ pessimistic. i think it's going to be difficult. gdb - pessimistic. i think it's going to be difficult. gdb targets l to be difficult. gdb targets are grossly overstated. many think the numbers are fabricated. the idea of 5.2 or 5.5% growth is most likely wrong. it's more like one or 2%. you have a situation where instead of letting individuals form businesses and use efficient capital, the state sector is doubling down. i think china is in for a very difficult road which might eventually influence their global foreign eventually influence their globalforeign policy eventually influence their global foreign policy because they desperately need the us dollar, the need exports, and at some point, it may soften their tone. at some point, it may soften their tone-— their tone. dubai airport is their tone. dubai airport is the busiest _ their tone. dubai airport is the busiest international. the busiest international airport in the world outside the united states. it's boss says he considers the pandemic recovery to be over. we caught up recovery to be over. we caught up with paul griffiths and asked how soon he expects this. we are more than 100% of where we were pre—pandemic. recovery has already happened. our growth is already looking very strong. ourjanuary numbers were very strong indeed. so, in month one of 2024, we've already resized our production for the years. it was 80 818 million. it's now over 90 million. it's now over 90 million. expectations are pretty strong and we do think we'll exceed our record numbers that we recorded pre—pandemic. there are a lot of global headwinds. high interest rates, staff shortages, playing groundings. how are you dealing with all those headwinds? the very poor _ with all those headwinds? tt2 very poor senate position we are in a spread businesses. —— very fortunate. two thirds within eight hours. with 240 destinations in 104 different countries with 95 airlines at dixie, having a business which serves all four corners makes us incredibly resilient and despite what happens across the geopolitical scene and to the world economy, we find that there's some board of counterbalance that happens. one region may suffer, but others rebound very quickly. the growth markets at the moment are india, saudi, the uk traditionally, very large markets for us. top three for some considerable time. i think the thing is because we are slightly challenged with space, this is why the impetus to invest in technology is so strong. that enables us to continue to grow our customer base and allow more slots and more capacity for our airlines. just before we go, i want to see how japan's stock market is performing. forthe see how japan's stock market is performing. for the first time ever, it's breached the 40,000 mark. japanese shares have been soaring lately, hitting levels not seen since the economy was in level three decades ago. this is how the s&p 500 finished the day on friday. both hitting record highs as they were in japan. both hitting record highs as they were injapan. earnings seasonis they were injapan. earnings season is also still under way in a couple of retailers are due to announce the financial report card. us retail giant target is used to report on tuesday, expecting 2283 results to surpass pre—pandemic levels. we will have more as the week unfolds. bye for now. bbc news — bringing you different stories| from across the uk. on the way this summer, an emergency department 60% larger than the one it will replace here at the great western in swindon. this hospital, though, is barely two decades old, far newer than many in the region. but parts of it have been too small to cope with swindon's growth. swindon's population will have grown by 40% between the point at which the hospital was built and the end of this decade. so, in that sense, we are playing catch—up. the new facilities won't just allow more patients to be treated. they'll have more privacy, like with doors instead of curtains. there will be more space for relatives, separate areas for patients in mental health crises, and much improved and welcoming children's facilities, too. you know the care you're able to provide is better, and that's huge to a nurse. it's huge to all clinical staff. and even our reception staff, the ability to just support patients and know that you can do more for them because of the environment and that they're in a better environment, they're better supported. while the cash is there for the new facilities, it doesn't bring with it more staff, but it does give the chance to rethink how patients are cared for in more efficient ways. for more stories from across the uk, - head to the bbc news website. voice-over: sac news, - bringing you different stories from across the uk. back to training in middlesbrough — ilyas is thinking about his next bout after taking the welterweight belt in darlington. there's your welterweight champion, ilyas! - it's everyday training, no days off, even after the fight. straight in after two days for the next fight, obviously. obviously, at this amateur level, you keep going as much as you can. at pro level, you get injured more. amateur, you can just keep going. there's a lot into it. there's loads of different martial arts, more than 30 i would say. but overall, it's mainly mental toughness that you need. you need, obviously, the discipline. you need mental toughness. you need to be able to carry on going even when your body is tired and tells you to stop, you keep going. ilyas's proud dad has been supporting him since he started at 14. i'm very, very proud. we've been working hard to get this. the sky's the limit now. we've got one title there. we've got another title lined up at the end of march there and another one injune as well. after that, ilyas and his team have their sights set on the american circuit. voice-over: for more - stories from across the uk, head to the bbc news website. hello and welcome to sportsday. i'm chetan pathak. coming up on the programme — fantastic phil foden scores twice in the manchester derby as city edge closer to the top of the premier league. derby day delight too for bayer leverkusen as xabi alonso's side go ten points clear at the top of the german bundesliga. and armand duplantis survives a scare as he retains his world athletics indoor championships title in glasgow. welcome along, thank you forjoining us. it remains tight at the top of the english premier league. manchester city are back to within a point of the leaders liverpool, after coming from behind to win the manchester derby. phil foden scoring twice. fe's now up to 18 goals this season. he turned the game around after marcus rashford had given united the lead. erling haaland wrapped up a 3—1 victory in stoppage time. the result means if city beat liverpool when both sides play at anfield next sunday, they'd go top. city manager pep guardiola wasn't eager to talk about the title race afterwards, but very happy to heap praise on his star striker foden. he's the best player right on the premier league, so for the amount of things he does, it's unbelievable.— unbelievable. there was a moment _ unbelievable. there was a moment where _ unbelievable. there was a moment where you - unbelievable. there was a moment where you raced | unbelievable. there was a - moment where you raced back on the left and made a tactical level with his own penalty. does that give you as much pleasure as the other stuff? , ., ., , �* much pleasure as the other stuff? , ., ., ,�* ., stuff? the guy who doesn't do that, stuff? the guy who doesn't do that. he's _ stuff? the guy who doesn't do that, he's not _ stuff? the guy who doesn't do that, he's not allowed - stuff? the guy who doesn't do that, he's not allowed to - stuff? the guy who doesn't do that, he's not allowed to stay| that, he's not allowed to stay in this team! we have this physicality because i think he loves to play football. he lives for football. we play