The white house tells mexico and canada it wont cancel the north American Free trade agreement, but will renegotiate it. The peso and Canadian Dollar soar. Plus, is it Terminalfor Alitalia . Italys Flag Carrier Battles to stay in the sky as its rescuer pulls the plug. Welcome to World Business report. Im aaron heslehurst. Also coming up, raking it in, but are they worth it . Top bosses face their shareholders amid growing concern over excessive boardroom pay. We start with president trump, because once again hes taken the Business World by surprise. The white house has confirmed it has told the leaders of canada and mexico they wont be scrapping the north American Free trade agreement. But instead they will seek to renegotiate the terms of it. That has sent the Canadian Dollar and mexican peso soaring. President trump has repeatedly vowed to pull out from the 23 year old trade pact with the two neighbouring countries, calling it the worst trade deal in history. He already used an execu
And they ask us to help, as i say, i think it will be very difficult to say no. We dont need unilateral action, we need to work through the un but, above all, we need to bend ourselves totally to getting a political settlement in syria. The government loses a court bid to delay publication of its Air Pollution Strategy until after the general election. New figures show a big rise in Violent Crime in england and wales with knife crime at its highest level for six years. And how readers are turning off their e books and switching back to paper, as publishers enjoy a record year. Good evening, theres been a major Security Operation in whitehall as armed Police Arrested a man suspected of Planning Acts of terrorism. A rucksack and several knives have been recovered from the scene, but no one has been injured. Its understood officers from Scotland Yards Counter Terrorism command moved in on the suspect as part of an Intelligence Led Operation. The Prime Minister was not in Downing Street at
Glad you are joining us at 7am glad You Arejoining us at 7am here in singapore, it is midnight in london and 8am in seoul, where a court has approved an Arrest Warrant for the countrys ousted president on corruption charges. Miss park was removed from office when the Constitutional Court endorsed the decision to impeach her. Steve evans has what is next. Well, she enjoys, if that is the right word, the prison cell, and she probably faces trial on very serious allegations, so the prospect is that prison cell for the foreseeable future. Maybe if she is found guilty eventually some months on force on yes. You are absolutely right, rico, it isa yes. You are absolutely right, rico, it is a very rude awakening. Three weeks ago she was in the president ial palace. She has had a rough night. The decision of the court was at 3am in the morning and she had to wait in a room before learning at 3am, presumably not with much sleep, that she would be taken not to her own home but to a Detention Cent
Glad you are joining us at 7am glad You Arejoining us at 7am here in singapore, it is midnight in london and 8am in seoul, where a court has approved an Arrest Warrant for the countrys ousted president on corruption charges. Miss park was removed from office when the Constitutional Court endorsed the decision to impeach her. Steve evans has what is next. Well, she enjoys, if that is the right word, the prison cell, and she probably faces trial on very serious allegations, so the prospect is that prison cell for the foreseeable future. Maybe if she is found guilty eventually some months on force on yes. You are absolutely right, rico, it isa yes. You are absolutely right, rico, it is a very rude awakening. Three weeks ago she was in the president ial palace. She has had a rough night. The decision of the court was at 3am in the morning and she had to wait in a room before learning at 3am, presumably not with much sleep, that she would be taken not to her own home but to a Detention Cent
President Nicolas Maduro says he will resolve within hours the controversy will resolve within hours the c0 ntrove isy over will resolve within hours the controversy over the Supreme Courts assumption of the opposition led legislative functions. The Court Decision has sparked widespread protests a nd decision has sparked widespread protests and condemnation. Earlier, a senior aide of the venezuelan president had broken ranks with him to condemned the decision. Louise ortega described the ruling as a violation of Constitutional Order. Those rulings show evidence of various violations of the Constitutional Order and ignorance of the state model established in oui of the state model established in our constitution. It is my obligation to manifest to the country my highest concern regarding this event. The controversial decision by the Supreme Court has effectively made the president assumed the powers of the national assembly. But criticism of the move has echoed across the water. The col