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Us treasury secretary janet yellen called the downgrade arbitrary and said Economic Conditions had improved under the biden administration. The news of the downgrade came after the close of trade on wall street but in asia investors have been pulling out of equities in reaction. Lets look at markets now in asia. Japan is currently down by over 2 . Hong kong not that far behind. This was off the back of yesterday, and most of this week we have seen the sharemarket, certainly wall street and asia having a strong session but this is certainly spooked sentiment. Lets discuss this with tom stevenson, whos an Investment Director at fidelity. Good morning. Janet woody allen saying this is arbitrary. I have her statement janet yellen and she said she strongly disagrees and says it is based on outdated data. That is based on outdated data. That is riuht. Is based on outdate ....
just ahead, russia targets ukraine s power grid across several regions leaving the new care power plant completely off- line. we will have a report just ahead. the senate republican leaders hospitalized after a for wednesday night. we will break on the results of the justice department probe into the louisville police force. developing this hour, the u.s. senate republican leader is recovering in the hospital after a fall. his spokesperson says he tripped at a hotel in washington during a private dinner wednesday night. there is no word on his condition. he has fallen at least once before in his home in 2019 when he fractured his shoulder. the 81-year-old is the senate s longest serving republican leader. more on this story as it develops. we looking now at ukraine were a new wave of russian attacks have targeted energy facilities in at least seven regions. at least three people have been wounded in key and power has been knocked out to around 15 percent of the ....
west, more cloud and a few spots of rain in the morning and that could be more persistent into northern ireland on the western isles in the afternoon. not as cool as it has been close to the east coast, we are tending to lose the breeze. through into the middle of the week for the front tracks its way gradually southwards and eastwards. it will bring a spell of wet weather for many others. on wednesday, quite a lot of cloud moving on, rain putting in as well and the breeze picking up. down towards east anglia and the south east you are more likely to stay dry and bright to a good part of the day and around ten to 13 degrees. look ahead towards easter, a few showers on the map and things looking dry for most of us easter sunday. thanks, sarah. and that s bbc news at ten on monday the 3rd of april there s more analysis of the days main stories on newsnight with kirsty wark, which isjust getting under way on bbc two. the news continues here on bbc one, as now it s time t ....
the electric car giant tesla has announced plans to build a new huge factory in shanghai. it will make thousands of lithium battery packs every year. china is the world s largest car market, and whilst tesla generates most of its money from its electric car business, boss elon musk has committed to growing its solar energy and battery business to roughly the same size. here s mariko with the details from singapore. it is quite a big deal because of course, tesla already has that huge plant in shanghai to make electric cars, so it is basically increasing its investment in china. the fact that this announcement came when tensions between washington and beijing are quite high, that is quite interesting. as you said, this is a mega factory, to produce mega packs. they are basically very large batteries that can store energy, so that they can help stabilise the power grid and also prevent outages. now, of course, many of our viewers associate tesla with those electric cars a ....
from the bbc sport centre. we ll start with golf where jon rahm dedicated his maiden masters title to seve ballesteros, a0 years after the spaniard last won the famous green jacket. rahm s four shot victory at augusta came after a composed final round that saw him overtake brooks koepka. it also marked what would have been ballesteros 66th birthday. when i hit that first shot on the green, the crowds reaction. a wave of emotion, of so many things overtook me. i never thought i would cry about winning a golf tournament, but i got very close on the 18th hole. in a lot of ways, because of what it means to me, and to spanish golf. this is spain s tenth major, my second win, my second major win. it is pretty incredible, and to play the way that i did today, and sunday, on difficult conditions, coming in with a margin, i have a lot of pride and am very proud of myself for what i did. it still has not really sunk in, i am looking at the course, thinking i still have a couple ....