BBCNEWS — BBC News Now
20260917 130000 UTC
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[00:00:10] Live from London. This is BBC
[00:00:12] News. King Charles warns of the existential
[00:00:15] existential dangers of AI systems systems falling into the wrong hands
[00:00:18] hands as he addresses tech leaders
[00:00:20] leaders at a summit in Scotland.
[00:00:23] Scotland. Those in our world who
[00:00:25] who value deeply our humanity and
[00:00:28] and its vital moral component are
[00:00:30] are anxiously seeking your reassurance
[00:00:33] reassurance that we will not lose lose control of our destiny or our
[00:00:37] our souls. It comes as the King issues issues a pointed response after Princess
[00:00:41] Princess Diana's brother makes fresh fresh claims about him in a new book.
[00:00:44] book. South African police say they've they've found a ninth woman killed
[00:00:48] killed near Johannesburg in a spate spate of murders, causing fear and
[00:00:51] and outrage. The Bank of England
[00:00:53] England holds interest rates at 3.75% 3.75% for the sixth time in a row,
[00:00:57] row, but said they are likely to
[00:00:58] to rise of high energy prices continue. continue. Canada's Prime Minister
[00:01:02] Minister Mark Carney, has told the the European Parliament he welcomes
[00:01:05] welcomes ambitions for associate associate EU membership and the boss
[00:01:08] boss of social media company Snapchat Snapchat says the firm would be willing
[00:01:11] willing to implement time limits
[00:01:13] limits for teenagers. Hello, I'm
[00:01:24] I'm Lucy Hockings, welcome to BBC
[00:01:26] BBC News Now. King Charles has warned warned of the existential dangers
[00:01:30] dangers of AI systems falling into into the wrong hands, as he addressed
[00:01:33] addressed tech leaders at Dumfries Dumfries House in Scotland. The meeting
[00:01:37] meeting involved Nvidia Google DeepMind,
[00:01:39] DeepMind, OpenAI, Anthropic and others. others. The King cannot regulate
[00:01:43] regulate this tech. His role is to to use the monarchy's convening power
[00:01:46] power to bring rivals together to to explore whether they can develop
[00:01:49] develop shared principles that keep keep AI in the service of humanity.
[00:01:53] humanity. The substantive discussions discussions are taking place privately.
[00:01:56] privately. No formal communication communication has even been promised, promised, but let's have a listen
[00:02:00] listen to some of what King Charles
[00:02:02] Charles had to say. AI is already
[00:02:05] already showing its immense capacity
[00:02:07] capacity to improve and save life.
[00:02:09] life. For example, in the field of
[00:02:12] of life sciences and medicine. Yet
[00:02:16] Yet those who have created these
[00:02:19] these technologies are now increasingly increasingly warning that AI risks
[00:02:23] risks developing darker capacities.
[00:02:25] capacities. Perhaps even to take
[00:02:28] take life. And in this regard, if
[00:02:30] if I may say so, there seems urgency
[00:02:33] urgency in adequately considering
[00:02:35] considering the existential dangers dangers of such technologies falling
[00:02:39] falling into the wrong hands. Jensen Jensen Huang as president and CEO
[00:02:42] CEO of Nvidia, is among those at at the meeting, and he was asked
[00:02:46] asked whether he can give any reassurances reassurances that this technology
[00:02:49] technology won't harm humanity. It
[00:02:52] It is the responsibility of the AI
[00:02:54] AI companies ourselves to develop
[00:02:56] develop the technology safely and
[00:02:59] and to properly test it. There were
[00:03:02] were incidents and those incidents incidents thankfully did no harm.
[00:03:06] harm. But those incidents are a reminder
[00:03:08] reminder that as we move from labs
[00:03:11] labs to product development, the the companies have to become much
[00:03:15] much more rigorous in testing and
[00:03:18] and securing and making sure that
[00:03:19] that the products are ready for use
[00:03:22] use before it's released. And in
[00:03:25] in doing so, if it's not ready, just just hold it back. You should go
[00:03:29] go as fast as you can, but no faster faster than that. We're going to
[00:03:32] to take you to Scotland and join join our correspondent there, Lorna Lorna Gordon, who is outside Dumfries
[00:03:36] Dumfries House. And with me here here in the studio is our AI correspondent
[00:03:40] correspondent Marc Cieslak. But Lorna, Lorna, if we can start with you, you, what are you hearing from inside
[00:03:43] inside Dumfries House? It all looks looks very friendly, I think King
[00:03:47] King Charles having to remind people
[00:03:48] people there that they are actually
[00:03:52] actually rivals. Yes, there was some
[00:03:54] some joking wasn't there at the beginning beginning of these addresses. In
[00:03:57] In the last few minutes we have seen seen the King taking a walk around
[00:04:00] around the grounds here at Dumfries Dumfries House, but that will be
[00:04:03] be a brief break from these informal informal discussions which are taking
[00:04:07] taking place inside. They are long
[00:04:10] long planned, we are told the discussions discussions ahead of them have been
[00:04:14] been taking place for many months,
[00:04:16] months, but actually it is a timely
[00:04:20] timely intervention in this debate debate about artificial intelligence.
[00:04:23] intelligence. With those warnings warnings coming out about a silicon silicon species calls for a kill
[00:04:27] kill switch to turn off the technology
[00:04:32] technology if it gets too powerful. powerful. Another researcher quitting
[00:04:35] quitting his job because he feared
[00:04:37] feared there was a chance it could could wipe out human civilisation.
[00:04:41] civilisation. I mean, I think what's what's interesting about these talks
[00:04:45] talks is that it isn't government government sponsored. It is a very
[00:04:49] very informal setting here in East
[00:04:51] East Ayrshire. In Scotland, the King
[00:04:53] King wants to get these senior industry
[00:04:55] industry figures together to chat
[00:04:58] chat to exchange ideas, to talk openly,
[00:05:02] openly, and I think also there is is a reminder from the setting itself.
[00:05:06] itself. You know, Dumfries House House is very grand but it is in
[00:05:09] in an area of Scotland where there
[00:05:13] there are significant economic challenges. challenges. There are former coal
[00:05:16] coal mining communities in this area,
[00:05:19] area, communities which both benefited
[00:05:22] benefited and then faced challenges challenges from previous industrial
[00:05:26] industrial developments, which of of course is the way that AI is framed.
[00:05:30] framed. It is another potentially
[00:05:34] potentially significant step change
[00:05:36] change in the economies that we have have in various countries here. So
[00:05:40] So yes, significant talks here, informal
[00:05:43] informal talks here that got under
[00:05:45] under way and are still set to continue continue for a few hours yet. Lorna,
[00:05:48] Lorna, good to see you. Thank you you for joining us from Scotland.
[00:05:52] Scotland. So Mark very friendly we we are hearing but these are big
[00:05:54] big commercial competitors here. here. How different is their thinking
[00:05:58] thinking about what they assess to to be the dangers in AI, the future
[00:06:01] future of AI and regulation? Well,
[00:06:03] Well, I mean events like this, this this is very much in keeping with
[00:06:07] with the way that the King has operated
[00:06:09] operated on issues that he sees as as being critical. He's done exactly
[00:06:13] exactly the same thing for the aviation aviation industry. For instance,
[00:06:16] instance, bringing together academics, academics, industry figures, people
[00:06:20] people from government and getting getting them all around a table and and getting them to discuss what
[00:06:23] what some of the issues are and how how they feel differently about them.
[00:06:26] them. So the format isn't new. What's
[00:06:28] What's telling is that he's now applying applying this to AI. Apparently,
[00:06:32] Apparently, you know, he opened today's today's proceedings by saying to
[00:06:35] to all the assembled AI execs, you you are aren't rivals, you? Which
[00:06:38] Which led to laughter in the room. room. And sources close to the King
[00:06:41] King say he's taken a genuine personal personal interest in where this technology
[00:06:45] technology is heading. And remember, remember, according to newspaper newspaper reports, this is a man
[00:06:49] man who doesn't own a mobile phone. phone. But royal sources have said
[00:06:53] said that he's here not to dictate dictate policy, but this event is
[00:06:57] is to convene and listen and pose pose questions of how we develop
[00:07:01] develop AI for the good of humanity. humanity. So it fits into a pattern
[00:07:04] pattern of behaviour around sort sort of climate change and water water scarcity and things, things
[00:07:08] things of that nature. Surely he he wants them all to come together
[00:07:10] together to agree on how to make make AI more safe as well. I mean,
[00:07:14] mean, how close are we to that happening happening given their commercial
[00:07:16] commercial rivals? Mark? Consensus Consensus on yes, consensus on safety
[00:07:20] safety at the moment, yes. We've We've seen a lot of big companies, companies, a lot of the big, you
[00:07:23] you know, frontier AI companies saying, saying, OK, we need to have a slow
[00:07:26] slow down on development and we need need to think very carefully about about some of these things. But a
[00:07:30] a lot of cynical industry observers observers are saying that issues
[00:07:33] issues around a slowdown are actually actually being being kicked off by
[00:07:36] by more by economic concerns, by by the notion that all of these companies
[00:07:40] companies or a couple of these companies companies are trying to IPO for absolutely
[00:07:43] absolutely astronomical values. We're We're talking about $1 trillion valuations
[00:07:47] valuations and that those valuations valuations might not be realistic realistic right now. And as a consequence,
[00:07:51] consequence, they might need a little little bit of breathing space to
[00:07:54] to achieve some of those huge, huge
[00:07:57] huge valuations. So safety yeah, yeah, I think there really are genuine
[00:08:00] genuine concerns about safety because because we've seen the stories all
[00:08:03] all summer about rogue AI, AI agents agents that are being trained that
[00:08:06] that have broken loose from their their training environments and hacked hacked websites and things of that
[00:08:10] that nature. So yes, there are some some genuine concerns about how safe
[00:08:13] safe these products are, but there there are also some other issues
[00:08:16] issues at work here and some of those those other issues are effectively
[00:08:19] effectively about money. How are are we meant to assess then these
[00:08:23] these threats? Mark, when you see see the headlines and hear from people,
[00:08:26] people, even the King warning about
[00:08:29] about the existential dangers of of AI, if you're watching this, what
[00:08:32] what lens should we take? How should should we view it and consider all
[00:08:36] all of this. In the UK, for instance,
[00:08:38] instance, we have the AI Safety Institute
[00:08:40] Institute and its job is to assess
[00:08:42] assess risk and to assess how you
[00:08:45] you know, assess if a model is safe. safe. Now there is a little bit of
[00:08:48] of a problem there insofar as AI AI companies are not compelled to
[00:08:52] to present their models to the AI AI Safety Institute so that it can
[00:08:55] can check whether they are indeed indeed safe. And we've had an incident
[00:08:57] incident in the last couple of weeks weeks where Anthropic didn't present
[00:09:01] present one of its latest models models to the AI s eye, and as a a consequence, they're not able to
[00:09:05] to check whether it is safe. So from from a lot from governmental quarters,
[00:09:09] quarters, then there's probably the the issue of greater regulation. regulation. The industry itself doesn't
[00:09:12] doesn't want greater regulation. regulation. The industry itself wants wants to mark its own homework. So
[00:09:16] So I think we're going to see some some kind of merging of two of these
[00:09:19] these ideas where, where, where it
[00:09:21] it meets and we get some kind of of greater degree of regulation around
[00:09:25] around the whole space. Mark. Thank Thank you. And we will keep across across events in Scotland and bring
[00:09:29] bring you any developments throughout throughout the day. A busy day though
[00:09:33] though also for the Royals with starting
[00:09:35] starting with Buckingham Palace rejecting rejecting claims about the King made
[00:09:38] made by Princess Diana's brother brother Earl Spencer. This is in
[00:09:41] in his new memoir in a Daily Mail Mail serialisation of his new book,
[00:09:44] book, which is due to be released released next week. Charles Spencer
[00:09:47] Spencer said that after the death death of her sister in 1997, the
[00:09:51] the King told him that the then Princess Princess of Wales would be forgotten
[00:09:55] forgotten soon enough. Our senior senior royal correspondent Daniela
[00:09:58] Daniela Relph reports it. Is the
[00:10:01] the content of Earl Spencer's book book about his sister that has driven
[00:10:04] driven Buckingham Palace to issue
[00:10:05] issue an unusually robust response. response. Earl Spencer writes of
[00:10:09] of a row with the King back in 1997,
[00:10:12] 1997, when the King was Prince of of Wales after he challenged him
[00:10:15] him on the decision to allow Princes Princes William and Harry to walk
[00:10:19] walk behind their mother's coffin coffin at her funeral, something something he said his sister would
[00:10:22] would not have wanted. Earl Spencer
[00:10:24] Spencer claims the King replied angrily
[00:10:27] angrily saying that Diana would be
[00:10:29] be forgotten soon enough. The response
[00:10:31] response from Buckingham Palace a a sign of the fury behind palace
[00:10:35] palace walls. An official spokesman
[00:10:37] spokesman said while we do not comment
[00:10:39] comment on books as a matter of principle,
[00:10:42] principle, His Majesty is mindful mindful that the pain of fraternal
[00:10:46] fraternal grief can cloud reason, reason, affect judgement and colour
[00:10:49] colour memory in ways others do not
[00:10:52] not recognise. Even many years after
[00:10:55] after such a loss. Not since the
[00:10:57] the late Queen's statement that recollections recollections may vary after the
[00:11:00] the Duke and Duchess of Sussex's Sussex's interview with Oprah Winfrey
[00:11:04] Winfrey has a royal statement packed
[00:11:06] packed so much punch. With King Charles, Charles, we are seeing a monarch
[00:11:09] monarch doing things differently. differently. I think we are seeing seeing an age of greater transparency
[00:11:13] transparency with the monarchy in in many ways, with a King who has
[00:11:16] has disclosed that he has cancer cancer and is undergoing treatment
[00:11:20] treatment and a King who we know
[00:11:22] know feels things. He has great empathy, empathy, great compassion. And I
[00:11:25] I would imagine this is incredibly incredibly upsetting for him. And
[00:11:28] And he has decided that he wants wants to respond. We are hearing
[00:11:31] hearing more from the palace, I think, think, than we ever have done. The
[00:11:35] The relationship between the Royal Royal family and the Spencers has has never really recovered since
[00:11:39] since the funeral of Princess Diana.
[00:11:42] Diana. In his eulogy to his sister sister Earl Spencer was openly critical
[00:11:45] critical of the royals. It caused
[00:11:48] caused lasting damage. It's been
[00:11:52] been a challenging few weeks for for the royal family, many of whom
[00:11:55] whom will be out on official duty
[00:11:59] duty today. As will Prince Harry,
[00:12:01] Harry, who'll be in London for an an awards dinner for the Invictus
[00:12:05] Invictus Games for wounded military military personnel. His first public
[00:12:09] public charity engagement since moving moving back to the UK with his wife
[00:12:12] wife and children. Come on you come
[00:12:15] come on. The return of Harry and and Meghan has brought with it a
[00:12:18] a degree of drama over their security,
[00:12:21] security, the safety of their children children on the school run and speculation
[00:12:25] speculation over why they have come
[00:12:27] come back to the UK. The return of
[00:12:30] of Sussexes really is shows just
[00:12:33] just how much they run out of road
[00:12:36] road in Montecito. And they had run run out of road, do you think? Totally
[00:12:39] Totally run out of road? They seem
[00:12:41] seem to be unable to just simply
[00:12:45] simply quietly with composure, examine examine their options and follow
[00:12:48] follow a route. You know, they they
[00:12:50] they crash into things, you know, know, all the time. How much my husband
[00:12:54] husband loves bagpipes. All of these
[00:12:58] these engagements have been planned planned well in advance. But with
[00:13:00] with Harry and Meghan now back in in the UK, the days where we see
[00:13:04] see the working royals out on the
[00:13:06] the same day as the non-working ones
[00:13:08] ones will become more common. Daniela
[00:13:12] Daniela Relph, BBC News. Let's go
[00:13:14] go to South Africa now, where another another body has been discovered
[00:13:17] discovered following a spate of killings killings of women near Johannesburg.
[00:13:20] Johannesburg. Nine women have been been killed over the last two months. months. Police say they're trying
[00:13:24] trying to work out any connections. connections. Our South Africa correspondent
[00:13:28] correspondent Nomsa Maseko has more. more. The woman whose body was found
[00:13:31] found here earlier is believed to
[00:13:33] to be in her 30s. She was found partially
[00:13:36] partially naked with her throat cut. cut. Police believe she was murdered
[00:13:40] murdered elsewhere and that her body body was deliberately dumped here
[00:13:43] here near a residential area so that that her body could be found. The
[00:13:47] The recent spate of killings has
[00:13:49] has sparked public outrage and fear, fear, raising new questions about
[00:13:52] about the scale of gender based violence
[00:13:54] violence in South Africa. You know, know, I'm scared. I'm angry. I'm
[00:13:58] I'm upset. I'm nervous. I am everything.
[00:14:01] everything. I'm shattered. This is
[00:14:05] is bad in the a country where there
[00:14:09] there is democracy. But we experience experience we are faced with this
[00:14:12] this challenge of murdering women. women. We are parents. We are young.
[00:14:16] young. We. We like. We are even scared
[00:14:18] scared now to come out of your house. house. You are scared to go to the
[00:14:21] the shop. You are scared to go anywhere. anywhere. We are no longer free in in the country. We're supposed to
[00:14:25] to be free and to be safe as women. women. There's widespread speculation
[00:14:28] speculation that. The recent murders murders have been committed by a
[00:14:31] a serial killer, but police have have not confirmed this yet. The
[00:14:36] The acting police commissioner has has said investigators are following
[00:14:39] following up on all possible leads.
[00:14:42] leads. It's still very early to make make any conclusions about this body
[00:14:46] body that has been found here. However,
[00:14:49] However, because we are having currently currently a multidisciplinary team
[00:14:52] team that was assembled already on on Sunday when the acting provincial
[00:14:56] provincial commissioner made a call,
[00:14:57] call, it was also joined by the National
[00:15:02] National Forensic, a investigative investigative psychology unit, so
[00:15:03] so that they can assist with the
[00:15:06] the profiling of the victims as well
[00:15:08] well to look at the similarities
[00:15:11] similarities and if there is any,
[00:15:13] any, a connection that can be made made on all the bodies. Women have
[00:15:16] have been urged not to walk or run
[00:15:18] run alone and avoid secluded spaces.
[00:15:21] spaces. Officials have said the warnings warnings are not about restricting
[00:15:24] restricting the freedom of women women to move, exercise or live their
[00:15:28] their lives, but that it's all about about taking reasonable precautions.
[00:15:32] precautions. While police continue continue with their investigations.
[00:15:35] investigations. Nomsa Maseko. BBC BBC News, Johannesburg. The Bank
[00:15:39] Bank of England has announced UK
[00:15:40] UK interest rates have been held
[00:15:43] held at 3.75%, despite worries over over rising inflation and the day
[00:15:47] day after the US Federal Reserve Reserve Bank hiked US borrowing costs.
[00:15:50] costs. Our economics editor, Faisal Faisal Islam, told me why they've
[00:15:53] they've made the decision. They have
[00:15:56] have not followed other major central central banks which have raised rates.
[00:15:59] rates. They've held it at 3.75% on
[00:16:03] on the same split of the nine member member committee that we had before before 6 to 3. And the essential
[00:16:06] essential reason is that they recognise recognise rising pressures from energy.
[00:16:10] energy. But they say that for now, now, the rest of the economy hasn't
[00:16:14] hasn't sort of percolated out into into the rest of the economy and
[00:16:17] and effectively that they're going going to wait until they can see
[00:16:21] see that it might feed into wages wages before they act. Now, three
[00:16:25] three members of the committee thought thought actually we've seen enough enough rates should go up. This is
[00:16:28] is an inevitability that it will will percolate into the rest of the
[00:16:31] the economy. Six didn't. So we got
[00:16:34] got a similar decision to what we we got in July, despite the fact fact that energy prices have gone
[00:16:38] gone up considerably since then. then. But I should say and it gets
[00:16:41] gets a bit complicated this. But But it is important. There was also
[00:16:44] also another move made today on how
[00:16:47] how the Bank of England deals with
[00:16:50] with its huge stock of government government debt. It essentially acquired
[00:16:55] acquired lots of government debt debt during crises, and it's been
[00:16:58] been trying to sell that down quite
[00:17:00] quite calmly at a time when the government, government, governments around the
[00:17:04] the world have also been trying to to sell debt. And we've seen and
[00:17:07] and we've talked a lot about how
[00:17:08] how we've seen high interest rates rates effective for governments,
[00:17:12] governments, what they have done done today, the bottom line and there there are lots of complexities. But
[00:17:16] But let me just you'll be hearing hearing a lot about this today. The
[00:17:18] The bottom line is they have paused
[00:17:20] paused the auctions. The Bank of
[00:17:22] of England does of its stock of government government debt. They still say that
[00:17:26] that they will sell it, but effectively effectively they're going to keep
[00:17:30] keep like a significant portion back
[00:17:33] back to cover their issuance of banknotes. banknotes. That's new news. We didn't
[00:17:36] didn't know that they were exactly exactly going to do that. They're
[00:17:38] They're going to sell them at a slightly
[00:17:41] slightly slower rate. And then when when they do sell them, they have
[00:17:44] have asked the government essentially
[00:17:46] essentially to swallow that up. Now
[00:17:50] Now they say that this is entirely entirely their decision. But the
[00:17:54] the net effect of all of this is
[00:17:56] is that right now, when we had expected
[00:17:58] expected the bank to announce a programme
[00:18:02] programme of selling its government
[00:18:05] government debts, it won't be doing doing so at least for a few months. months. And I think that comes as
[00:18:08] as a bit of a surprise to the markets. markets. It is complicated now they
[00:18:12] they say this is not because we have have seen stressed government markets, markets, but like I think there'll
[00:18:16] there'll be a few questions about about this. They say there's also
[00:18:19] also questions about how this may may or may not help the government
[00:18:23] government finances to some degree. degree. It gets quite complicated complicated in terms of the accounting,
[00:18:26] accounting, but that is the news news the markets will be responding responding to. Obviously everyone everyone back home is thinking what's
[00:18:30] what's going to happen to interest interest rates? What's going to happen happen to mortgage rates? What's What's going to happen to growth?
[00:18:34] growth? The other detail I thought thought was quite interesting in
[00:18:36] in here was that the Bank of England
[00:18:38] England is now projecting that growth growth in this quarter, which it
[00:18:42] it thought would basically be flat
[00:18:45] flat 0.1% will be 0.4%. Again, nothing
[00:18:48] nothing to write home about and hardly hardly a triumph, but considerably
[00:18:51] considerably more resilient than
[00:18:52] than had been expected. So continuing
[00:18:55] continuing that picture, Lucy of of extra resilience than we expected
[00:18:59] expected a holding rate. But that
[00:19:01] that unusual and surprise move on on how it deals with the stockpile
[00:19:05] stockpile of debt it amassed during during the financial crisis and in
[00:19:08] in Covid. Faisal Islam there around
[00:19:11] around the world and across the UK.
[00:20:17] Join me Martin Sharkey of Tech, now
[00:20:18] now on BBC News. The Palestinian
[00:20:26] Palestinian Authority has condemned condemned the US denial of a visa
[00:20:30] visa to President Mahmoud Abbas as as unjustified. For the second year
[00:20:33] year running, Washington has prevented prevented Mr Abbas and other Palestinian
[00:20:36] Palestinian officials from attending attending the UN General Assembly
[00:20:39] Assembly in New York. Our Middle Middle East correspondent Yolande
[00:20:42] Yolande Knell has more now on why
[00:20:43] why the visas have been denied. The
[00:20:46] The Trump administration accuses accuses the PA and the PLO. These
[00:20:50] These two internationally recognised recognised bodies that represent
[00:20:53] represent the Palestinian people people of glorifying terrorism, failing
[00:20:56] failing to carry out reforms and
[00:20:59] and also, in its words, internationalising internationalising the conflict by
[00:21:03] by pursuing legal action against
[00:21:05] against Israel, particularly through through the International Criminal
[00:21:08] Criminal Court, the International International Court of Justice. Now
[00:21:11] Now the Palestinian Foreign Ministry Ministry has strongly rejected the
[00:21:15] the idea that pursuing Palestinian Palestinian rights through the UN
[00:21:18] UN and these international courts courts undermines peace. It's calling
[00:21:22] calling on the US to reverse this
[00:21:24] this decision. But that does seem
[00:21:26] seem unlikely. It looks like President President Abbas for the second year
[00:21:30] year running will be giving his address
[00:21:32] address to the UN General Assembly Assembly via video link. At the same
[00:21:36] same time, the Israeli Prime Minister, Minister, Benjamin Netanyahu, has
[00:21:39] has confirmed in recent days that that he will be travelling to New
[00:21:43] New York next week. He's going to to give his address in person to
[00:21:47] to the General Assembly. That is is despite the fact that, of course
[00:21:50] course he does have an international international arrest warrant from from the International Criminal Court.
[00:21:54] Court. He's accused of war crimes
[00:21:57] crimes in Gaza, which he strongly
[00:21:58] strongly denies. But the US and Israel
[00:22:01] Israel do not recognise the International International Criminal Court, and
[00:22:04] and the US has called that warrant
[00:22:07] warrant outrageous and biassed. Canadian Canadian Prime Minister Mark Carney
[00:22:10] Carney addressed the European Parliament Parliament a day after EU Commission
[00:22:13] Commission President Ursula von der der Leyen announced plans to make
[00:22:16] make Canada the first associate member
[00:22:18] member of the EU. Mr Carney, welcoming
[00:22:21] welcoming the invite. We are not
[00:22:25] not fair weather allies. We do not
[00:22:29] not pursue zero sum deals. Our commitment
[00:22:32] commitment to the rule of law and
[00:22:35] and our unyielding defence of human
[00:22:38] human dignity, individual freedom
[00:22:40] freedom and democracy share the same
[00:22:42] same deep roots, the same unwavering
[00:22:46] unwavering dedication we hold common
[00:22:48] common values for which we have always
[00:22:51] always fought and in whose defence
[00:22:53] defence we must always remain vigilant.
[00:22:57] vigilant. We believe that a strong
[00:23:00] strong economy is not an end in itself,
[00:23:02] itself, but a means to a just society. society. So what's the view from
[00:23:06] from the White House? Our reporter reporter Bernd Debusmann is in Washington
[00:23:09] Washington for us. Well, even if if we don't know what that EU Canada
[00:23:13] Canada relationship might ultimately ultimately look like, or even when when it might be in place, this might
[00:23:17] might be a matter of years. President President Trump has made his views
[00:23:19] views very clear. He said he views views this whole proposal as laughable,
[00:23:23] laughable, and he directed much of of his anger at the EU threatening threatening additional tariffs or
[00:23:27] or to stop trade in certain sectors.
[00:23:30] sectors. Now, Prime Minister Carney Carney notably kind of alluded to to this in his comments earlier today,
[00:23:34] today, saying that tariffs had been
[00:23:36] been weaponised and used as a coercive coercive measure. But so far he seems
[00:23:40] seems kind of undeterred by President President Trump's comments. And in
[00:23:42] in the past he's already shown a a willingness to kind of step up,
[00:23:46] up, step up and go toe-to-toe with with his counterparts in Washington.
[00:23:49] Washington. Already, the US and Canada
[00:23:50] Canada have been in a very heated
[00:23:54] heated trade war as of late. So so so far, he's very undeterred by President
[00:23:57] President Trump's comments. But President President Trump equally as very dismissive
[00:24:01] dismissive of the EU Canada proposal. proposal. Yeah, we should remind
[00:24:03] remind everyone that the US is Canada's Canada's largest trading partner
[00:24:06] partner burned. And as you mentioned, mentioned, they're locked in this
[00:24:09] this quite serious trade war. Now, Now, are there any negotiations taking
[00:24:13] taking place, any progress on resolving
[00:24:14] resolving it. At the moment both
[00:24:17] both sides seem kind of ready to to dig in. And if anything, I think
[00:24:21] think the Canadian side this is made
[00:24:24] made Prime Minister Carney quite quite popular at home. And we've
[00:24:26] we've already seen many Canadian Canadian businesses kind of begin
[00:24:29] begin to turn away from the United United States. Of course, here in
[00:24:33] in the US., President Trump wants wants American businesses to remain
[00:24:37] remain in America. But in many states,
[00:24:39] states, Michigan, for example, Maine, Maine, this is really having a very
[00:24:43] very significant impact on those
[00:24:45] those businesses that have cross-border cross-border business between the
[00:24:48] the US and Canada. And I think it's it's going to become a very hot issue
[00:24:52] issue as we head into the mid-terms mid-terms and over the next few months
[00:24:56] months as President Trump really really starts to see the effect of
[00:24:58] of this in some of those very key key states such as Michigan. Yeah.
[00:25:02] Yeah. How is it affecting those that that are running in those states
[00:25:05] states given the likely to take more
[00:25:07] more of an economic hit if the all
[00:25:09] all of the restrictions come in?
[00:25:12] in? Well, it's certainly been something something that Democrats have kind
[00:25:15] kind of latched on to as a way to to attack the Trump administration
[00:25:19] administration and Republicans saying saying that ultimately this hurts
[00:25:22] hurts American businesses. On the the other hand, those Trump aligned
[00:25:26] aligned candidates, they see this this as something that could ultimately
[00:25:30] ultimately benefit Americans in Michigan,
[00:25:31] Michigan, for example, by bringing bringing much of the cross-border
[00:25:35] cross-border automobile trade back back to back to the United States.
[00:25:39] States. Rather, the Trump administration administration and his preferred preferred candidates. And many of
[00:25:42] of these states see that as something something that will ultimately create create jobs for Americans and have
[00:25:45] have a much longer term benefit. benefit. So you're seeing a very very different picture of the trade
[00:25:50] trade war painted by both sides of of the political spectrum here in
[00:25:53] in the US.. Bernd Debusmann there there more coming up on the business
[00:25:56] business news live from New York, York, and I'll be back after that.
[00:26:00] that. Bye-bye.
[00:29:42] of Tech, now on BBC News. MUSIC
[00:30:00] MUSIC Now on BBC News, the latest from
[00:30:03] from New York and around the world.
[00:30:05] world. Business Today. MUSIC
[00:30:21] Live from New York at the Opening Bell. This is Business Today. Today. US shares jump on the Open
[00:30:24] Open as oil prices sink further and and The Fed reassures investors it's
[00:30:28] it's going to get inflation under
[00:30:29] under control. Stronger together
[00:30:33] together Canada's Mark Carney takes takes aim at US tariffs and big tech
[00:30:37] tech as he addresses the European European Parliament. Throwing down
[00:30:40] down the gauntlet to President Trump.
[00:30:44] Trump. Also coming up on hold. But
[00:30:46] But for how long? The Bank of England
[00:30:48] England leaves interest rates unchanged
[00:30:51] unchanged at three and a three quarters quarters of a percent. But it warns
[00:30:54] warns they may have to rise if the
[00:30:56] the Middle East war drags on.