editor faisal islam. this is clearly a mess but the expectation in financial circles is that shareholders will provide the funds to keep thames water going. but the question is how did this come about in an industry that should be so simple, providing a product that everybody needs, and provided the monopolies of several million customers with no competition. and the answer is in hugely complicated structures, huge debts, and lots of regulation. the boss of thames water, sarah bentley, abruptly stood down on tuesday. she was battling to turn around the company after a legacy of under investment. let s discuss what s at stake with dr kate bayliss from the centre for water and development at soas university in london. thank you for being on the programme. faisal islam there talking and touching on some of theissues talking and touching on some of the issues why thames water is where it is. can you elaborate on that, please? on that, please? yes, well, thames on that, please?
and inflation falls sharply in the eurozone. will the european central bank change direction as a result? welcome to world business report. i mjagdip cheema. let s start with an important trade deal, because the uk has struck a deal to join a trans pacific trade pact consisting of 11 countries. together, these pacific rim countries which doesn t include the usa account for 13% of global gdp. the pact it s called the comprehensive progressive agreement for trans pacific partnership aims to cut 95% of import charges or tariffs. the initial gains for the uk economy may be only marginal, though that s according to the government s own estimates. we re nowjooined by our global trade correspondent, dharshini david. on one hand these 11 countries account for 13% of the world s income, but for the uk it might only be marginal growth as a result, is this a big deal? this a big deal? really good question- this a big deal? really good question- ct this a big deal? really
an audit exit if this is put in charge of this years climate complement. and a look at what s happening in the front line town of soledar as russia and ukraine fight for control. welcome to the programme. we start with the controversy in washington. the white house has confirmed that a second set of classified documents has been found in the garage of president biden s home in delaware. it s thought the documents are linked to barack obama s time in the white house whenjoe biden was vice president. and in the last half hour, us attorney general merrick garland announced the appointment of special counsel to investigate joe biden s handling of the documents. this appointment underscores for the public the departments commitment to independence and accountability in particularly sensitive matters and to making decisions guided only by the facts and the law. here s what the us president told reporters a little earlier. as i said earlier this week, and by the way my corvett
by flaunting his business value. that the scene as he makes his way to the court. we will take you back there live if there developments. we begin in the us, wherejoe biden has said the us will continue to provide support for ukraine after further military funding was excluded from a last minute congressional budget deal. the temporary measure was pushed through to avert a government shutdown, but it doesn t include $6 billion in military aid for kyiv which is a top priority for the white house. let s get the latest on this with our north america business they pushed it to the wire, an 11th hour deal but a deal nonetheless. well, look, it is a deal of sorts, and in the sense we are talking about workers being put, government worker, federal workers being put on furlough or having their pay delayed. instead this deal pushes the condition down the road for another couple of weeks, they have passed a stopgap resolution that funds the government through to november 17th. at which
personnel and police officers are being deployed across france in preparation for voting in the country s presidential election after the killing of a police officer in paris. terrorism dominated the final day of campaigning on friday, and security has been increased before polls in mainland france open tomorrow. 0ur reporter is in paris. welcome to a busy market. right in the centre of the city. the background to this election is anything but ordinary. tens of thousands of extra security personnel are on the streets all over france. we can see armed police walking around this market at times. a real strange contrast to the normal life revolving all around that security. national security for us that security. national security for us to the top of the political agenda by the events of boast evening when a police officer was shot dead on the champs elysees just a couple of miles from here. the french prepare for an election organised under a state of emergency. armed police a