progress let s finish the job president joe biden is expected to make it official this morning he s running for a second term. we ll have a look at what his campaign could look like and the challenges he faces just ahead meanwhile there s a new time line for the next possible indictment of donald trump we ll have the latest from the fulton county district attorney. and also an update on the diplomatic efforts in sudan as a cease-fire agreement brings a temporary pause to the deadly violence in that country good morning, and welcome to way too early on this tuesday, april 25th i m jonathan lemire. thanks for starting your day with us. we ll begin in washington where president joseph r. biden is expected to announce his re-election bid today exactly four years after he jumped into the 2020 race. three sources familiar with the plan say that biden will make his candidacy official with a video message just like he did last time. since taking the oval office the president
because of the pandemic, when factories shutdown in asia they had no idea they were supplying essential materials to us, shutdown around the world. these small computer chips, the size of your finger tip, they affect nearly everything in our lives. our cell phones. automobiles, refrigerators, weapons systems, everything. america invented these chips we made them smaller, faster and more powerful. but over time we went from producing 40% of the world s chips down to just 10% of them despite leading the world in research and design. you saw what happened during the pandemic when the global economy came to a halt overseas factories that made the chips shutdown driving up the costs for everyone around the world, particularly american families every new car built needs as many as 3,000 of these chips during the pandemic, that s the reason car prices skyrocketed. and in some cases new car production shutdown because the chips were in short supply but now the private sector at home
hello and welcome. rishi sunak will be appointed as britain s third prime minister in seven weeks later, as he meets the king at buckingham palace. the former chancellor won the tory leadership contest yesterday without a vote being cast, after borisjohnson and penny mordaunt dropped out of the race. he has promised to serve with integrity , and told the party they must unite or die . mr sunak will be the first british asian to lead the government, and at 42 the youngest prime minister for more than 200 years. he has promised to serve with integrity and toe the party they must unite or die. it is the greatest privilege of my life to be able to serve the party i love and give back to the country i owe so much to. the united kingdom is a great country, but there is no doubt we face a profound economic challenge. we now need stability and unity, and i will make it my utmost priority to bring our party and our country together. so what can expect to happen in the next few hou
Report. Feast or famine . Its budget day in the uk, with the chancellor poised to deliver an upbeat speech. But how much money has he got to hand out and who will get it . And what does the boss of Renault Nissan think about brexit now . He gets a grilling from simonjack at the Geneva Motor Show. Welcome to World Business report. Im sally bundock. Also in the programme, a Chinese Telecoms Company gets slammed with the biggest fine ever by the us for braking Sanctions Against Iran and north korea. Rico has more on that. But first the chancellor of the exchequer, or uk finance minister, will deliver the countrys final budget before the government triggers article 50 and britain begins its negotiations to leave the european union. Despite the ongoing uncertainty over brexit, Philip Hammond received an Eve Of Budget Boost from the organisation for economic co operation and development. It now expects growth in the uk of 1. 6 this year, up from its previous estimate of 1. 2 . In theory this
Tech hub San Francisco bans facial Recognition Technology saying it wants to create a secure state not a Security State that alone is unlikely to stop the technologys commercial development where many see advantages. Also on the show the u. S. Holds off on even more tariffs this time against overseas carmakers so should volkswagen and honda breathe a sigh of relief. And american lawmakers want to know why the 737 max sailed through certification despite issues now being connected to 2 fatal crashes well give you the details. Welcome to your business im Stephen Beers in berlin thanks for joining us before we get to those stories some Breaking News 1st u. S. President donald trump declaring a National Emergency that is widely expected to pave the way for his prohibition of chinese Telecoms Giant while way from the u. S. Market the order is designed to formally protect u. S. Networks from Foreign Espionage but is widely seen as a path to excluding the Telecoms Giant from the u. S. Market