Another notch back for abe nomics. Consumers feel the tension. The market shakes off the action and the is closing higher. Good news for airbus as it confirms 270 planes to india. And outlining poor working conditions, besoz says the claims do not represent the company he lead. Some flashes coming from iran. Ayatollah khomeini says the nuclear deal wont open iran to u. S. Political economic influence. He says its not clear if Iran Nuclear Deal will be ratified in iran and the United States. Those late flashes on this, so hes saying if the nuclear deal does happen, it wont open iran to u. S. Political and economic influence. Lets move on. The German Parliament is to vote on a package for greece on wednesday with german chancellor Angela Merkel under pressure to sell the idea to the german public. In an interview, the chancellor was asked whether debt relief for greece is on the cards. Translator we already said so back in july with regards to extending the charities and with regards to
If salva kiir and riek machar do not reach an agreement, indonesian Authorities Say suspected debris from a missing plane has been spotted in the remote mountainous couple of puathe remote mountainous pa region. There is no indication the pilot made a distress call. Our correspondent tells us about the search and rescue operation. The search and rescue teams were already on their way to the possible crash site. Officials announced they had located debris but could not confirm whether or not it was part of the missing plane. Only a single from the location. The important thing is that we have the approximate location and we will therefore be focusing on that area. The plane, carrying 54 people, was traveling from a remote settlement in densely forested mountains. 10 minutes before reaching its destination, the plane lost contact with air Traffic Control shortly after asking for permission to start its dissent. Descent. So far airline and rescue Officials Say bad weather is likely to hav
You live. 8 00 a. M. After i know we have more breaking news coming out from south korea on trade. Take a look at exports. 11. 2 gain for the month of january. The estimate was for a 9 gain on exports. Seeing a pickup when it comes to global demand. That is probably why we are seeing that with exports rising 18. 6 . The estimate was for 10. 1 . I think the export figure is the biggest we have seen in five years. That makes the trade balance. Expectation to the of 5. 4 billion given that jump. We will see how the Market Reaction is now that korea is back online. We will get into the specific movements on the costs and just of the. We are seeing some weakness coming through after the regional benchmark was able to close 5 higher. Today we are seeing weakness coming through in oil and gas. Take a look at what is going on in the region. It is gaining half a percent here after those trade figures came through. Did have the finance minister priming us with expectations exports would move on
The European Union membership debate. The speech comes as he sent a letter to the e. U. President , formalizing the governments stance. U. K. Bring in our political correspondent. And the managing director and member of the investment commangnac. The world waits to hear from the mans lips what it is he wants from you. There is the laundry list. What is the Sticking Point. Svenja that people had identified a few months ago, which is this idea, which is vaguely expressed as curbing mig ration, but means curbing in work benefits. And a lot of e. U. Members are saying this is dissemination, because ition, attacks the principle of Free Movement within the European Union. The idea is you are polish citizens. You come to the u. K. You have the same rights to claim welfare as a british citizen. What David Cameron is pushing for is for that to be restrictive. Off. it is a long way the theater of the beginning of theater of a very long how i look at it. There are many details to be worked out in
In place. This, as the eu accuses turkey of black backsliding on human rights. Agencyld antidoping suspends the accreditation of testing lab. The latest on the report that could bar russian athletics from the olympics next year. We will hear from the boss of airline easyjet, as the lowcost carrier celebrates its 20th birthday. In the cop 21 Conference Paris is just 20 days away. We will talk to indias environment minister. That, and more on the way, but first, our top story. British Prime Minister David Cameron has said the eu his wish list of how he wants to reform the European Union. European Council President dino receipt of the letter with a tweet. They are spokesperson has called parts of the objective highly problematic, but cameron insists his demands are not mission impossible, but just the price eu leaders have to pay if they want to keep britain in the block. the European Union needs to change, become more competitive to compete with the rise of countries like india and china