and i m not talking hairstyles. donald trump will present his tax plan today. big cuts are expected. will it make multinationals bring their huge foreign cash piles back to the us? and ahead of south korea s election, we hear from whistle blowers on the culture of corruption which brought down that country s president. welcome to world business report. i m aaron heslehurst. if you have about eight minutes, i promised to give you a fascinating snapshot of the world of business and money. let s start in the us. shaking up the tax system has been a major theme of the trump administration. today he s promising what he describes as a big announcement on his planned reforms. in fact mr trump has already said he s planning what he s called maybe the biggest tax cut we ve ever had. take a look at this. during the campaign he talked about cutting the top individual tax rate from 36.9% to 25%. in terms of business, he wants to cut the corporate tax rate from 35% to 15%. mr trump ha
charlie stayt and sally nugent will have all the day s news, business, and sport. this is bbc world news. the latest headlines: after days of military moves, the trump administration now seems to be reverting to the policy of past presidents, tighter sanctions and diplomatic pressure, to end north korea s nuclear and missile programmes. the american military commander in the pacific said the objective was to bring kim jong un to his senses. turkey s police force says more than 9,000 officers have been suspended for suspected links to the islamic preacher blamed for last year s coup attempt. on wednesday, more than 1,000 were arrested in simultaneous raids across the country. now it is time for our newspaper review. what s making headlines around the world 7 on the front page of the independent today, an image from the border south korean border with north korea, where the us and south korea have begun practicing military drills, as fears rise that pyongyang will launch a nucl
the security personnel across the country, we assess the cost of keeping britain safe. and balancing the books within a decade that s the promise from the trump administration as it reveals its spending plans for 2018. hello and a very warm welcome to world business report. i m sally bundock. also in the programme the credit rating agency moody s downgrades china we ll have the details in a moment. we will be talking to rico hizon. as we ve been hearing, britain is now on a critical terror alert with the military set to bolster the police amid fears the manchester bomber, salman abedi, did not act alone. earlier, prime minister theresa may raised the threat level to the highest possible, meaning that another attack could not be ruled out. so how well funded is britain s security operation? well, the uk has seen an increase in anti terror spending in recent years. here s how things looked in the last financial year the uk s annual terrorism policing budget was i 594 mi
it is time to catch up with all the business news in world business report. stories. how does a country survive without big banknotes? we ll find out when the indian government releases economic growth figures later today. and it s almost like a game of hide and seek. passengers involved in the disruptions of ba flights over the weekend desperately seeking their luggage, luggage. hello and welcome to world business report. i m susannah streeter. in a minute we ll take a snapshot of the chinese economy, but first, in a few hours time, the latest official statistics are expected to show that india has retained its crown as the fastest growing major economy in the world. economists are predicting that india expanded at an annual rate of 7.1% in the first three months of the year. now, this compares with growth of 6.9% for china. the resilience of the indian economy will come as welcome news to prime minister narendra modi, following the country s landmark demonetisation pr
closer ties between the eu and china that s the aim. the leaders are meeting at at summit in brussels later hoping to counter president trump s stance on trade and climate change. brazil is expected to announce that its economy is growing for the first time since 2014 but could that be overshadowed by the latest political crisis? we ll look at whether that could threaten the return to growth. welcome to world business report. i m ben bland. in a minute we ll find out why today is a big day for pakaistan‘s stock market. but first, the eu and china will attempt to deepen ties at a summit later. there is concern among some about the direction taken by us president donald trump on trade and climate change. chinese premier li keqiang will meet european council president donald tusk and european commission head jean claude juncker. they are hoping to come up with an answer to donald trump s america first challenge. trade in goods between the eu and china is worth well over