Original Broadcaster Captioning (Enhanced). Treat it as a searchable index of what was broadcast, not a quotation record.
00:00:00first associate member. We.
00:00:12We. Canada. Canada welcomes
00:00:18this ambition and I will tell you.
00:00:19you. Polling shows that an overwhelming overwhelming majority of Canadians
00:00:23Canadians support much closer ties
00:00:26ties with Europe. An Alliance for
00:00:38for the future is a unique, positive
00:00:41positive approach that we will define
00:00:44define together. Building on our our common strengths and based on
00:00:47on our shared values. But let me
00:00:49me take this opportunity to say plainly
00:00:52plainly what Canada proposes. Canada
00:00:56Canada and Europe should secure our
00:00:59our strategic autonomy through deep
00:01:01deep co-operation in the full range range of strategic capabilities,
00:01:05capabilities, including critical critical minerals, defence, industrial
00:01:09industrial capacity, AI and compute
00:01:12compute energy security space and
00:01:13and payments. We should move towards
00:01:16towards seamless digital trade and and non-agricultural goods and a
00:01:19a wide range of services. We should
00:01:22should deepen our people to people
00:01:24people ties, allowing our youth to
00:01:27to work, study and live where they
00:01:30they want on either side of the Atlantic.
00:01:45Canadian membership of Erasmus+
00:01:47would give your students and ours
00:01:50ours more opportunity to learn at at some of the world's top universities
00:01:54universities to broaden their horizons horizons and to build those lasting
00:01:57lasting ties that will sustain our
00:02:00our alliance for the future. Canadian
00:02:12Canadian membership of the next generation generation of horizon would allow
00:02:14allow us to pool resources, co-operate
00:02:16co-operate on frontier technologies, technologies, leverage our world
00:02:19world class research institutes and
00:02:23and universities. Yesterday. Yesterday,
00:02:32Yesterday, president von der Leyen
00:02:35Leyen announced, and I quote, a new
00:02:37new European co-operation on critical
00:02:39critical raw materials to obtain
00:02:41obtain and stockpile the material material needed for electric cars
00:02:45cars for chips and batteries, clean
00:02:47clean tech and defence. I'll observe
00:02:51observe that Canada has deposits
00:02:54deposits of over 34 critical minerals, minerals, and we are among the top
00:02:57top producers of the ten most essential
00:03:00essential for the energy transition.
00:03:02transition. Our alliance can help
00:03:04help fill Europe's need for reliable
00:03:07reliable supply. Canada's desire
00:03:10desire for advanced processing capabilities
00:03:13capabilities and our common objective objective to complete value chains
00:03:16chains in the transition and our
00:03:19our defence. Canada can contribute
00:03:29contribute LNG and hydrogen at large-scale
00:03:31large-scale to support Europe's energy
00:03:34energy security, including by developing
00:03:37developing and leveraging new port port infrastructure in our high North
00:03:41North and on our East Coast and Canada
00:03:43Canada in turn, can benefit from
00:03:45from your leadership in so many clean
00:03:48clean energy technologies. We can
00:03:59can pool new sovereign compute capacity
00:04:01capacity and build more secure broadband broadband connections between Europe
00:04:05Europe and Asia via our common geography.
00:04:08geography. Canada and Europe can
00:04:10can join forces to develop AI safety
00:04:12safety protocols, co-ordinate common
00:04:15common standards and strengthen transparency. transparency. All well developing
00:04:19developing applications so that our our governments and our companies
00:04:21companies can serve our citizens
00:04:24citizens better. Canada and Europe
00:04:32Europe should consider exploring exploring an integrated market for
00:04:36for financial services to broaden broaden choice and reduce costs for
00:04:40for our citizens to improve access
00:04:42access to capital for our companies
00:04:44companies while maintaining our world
00:04:46world leading financial resilience.
00:04:55resilience. These are some of the
00:04:57the opportunities. But the fundamental
00:05:00fundamental point is that the opportunities opportunities that can be created
00:05:03created by an alliance for the future
00:05:06future are the product of our common
00:05:09common values, our compatible systems
00:05:12systems are complementary strengths strengths and deepening and widening
00:05:15widening our relationship will strengthen
00:05:20strengthen our sovereignty improve improve affordability and opportunity
00:05:24opportunity and security for our
00:05:26our citizens while safeguarding our
00:05:29our abilities to live our lives as
00:05:31as we choose. Now. I also want to
00:05:44to be precise about what I am not
00:05:48not proposing. I'm not proposing
00:05:50proposing a third bloc in order to
00:05:52to become a great power rival only
00:05:55only with better manners. We. We
00:06:05We do not seek power to dominate
00:06:08dominate others. On the contrary,
00:06:11contrary, we are pursuing resilience.
00:06:13resilience. So no one no one can
00:06:15can control our open markets, impair impair our sovereignty, threaten
00:06:18threaten our territorial integrity
00:06:20integrity or undermine our freedoms,
00:06:22freedoms, our democracies, our rule
00:06:24rule of law.
00:06:42It's these motivations, these fundamental motivations combined
00:06:45combined with our latent hard power
00:06:47power mean that we can help to create
00:06:52create the next just stable and prosperous
00:06:55prosperous world order. A Canada
00:07:03Canada EU alliance would create a
00:07:06a beacon for other democracies, an
00:07:09an alliance not defined by what we
00:07:12we oppose, but about what we are
00:07:16are for freedom, solidarity, prosperity,
00:07:20prosperity, sustainability. An alliance
00:07:27alliance that builds resilience for
00:07:28for what it allows us to do for our
00:07:31our citizens and our citizens to
00:07:34to do for themselves. An alliance alliance strong enough so that no
00:07:38no one can dictate our choices. An
00:07:41An alliance open enough that others
00:07:43others can join an alliance. Principled
00:07:46Principled enough that our strength
00:07:49strength reinforces international international law rather than seeks
00:07:51seeks to replace it. And to conclude
00:08:01conclude in my country, it's often
00:08:04often said that Canada became a nation
00:08:07nation during that battle of Vimy
00:08:11Vimy Ridge and certainly the thousands
00:08:14thousands of Canadians who didn't didn't return from that battle sacrificed
00:08:17sacrificed their lives for something
00:08:19something much bigger than themselves.
00:08:22themselves. One who did come home, home, stop first to pick up some
00:08:25some acorns. And today the same Vimy
00:08:29Vimy Oaks grow in Canada as in France
00:08:33France living proof that what we we cultivate together can survive
00:08:37survive the darkest winter to thrive
00:08:39thrive again. So let us now deepen
00:08:43deepen those roots, widen this canopy
00:08:46canopy and grow a transatlantic forest
00:08:49forest under which our citizens can
00:08:51can flourish as free people on free
00:08:54free ground. Every single day. Thank
00:08:57Thank you very much. Nice to meet
00:08:59meet you. Thank you. Canadian Prime
00:09:02Prime Minister Mark Carney there there addressing the EU Parliament
00:09:06Parliament in Strasbourg. And it it comes just 24 hours after the
00:09:10the European Commission president president Ursula von der Leyen announced
00:09:13announced those plans by the European
00:09:15European Union to pursue an associate
00:09:18associate membership of the EU for for Canada that would make Canada
00:09:22Canada the first associate member
00:09:23member of the European Union. So
00:09:26So a very warm reception for what what Mark Carney had to say to the
00:09:30the Parliament today. He talked about
00:09:32about how the response to the current current geopolitical rupture, as
00:09:35as he called it, must include a new
00:09:38new dimension. He talked about the the bonds that Canada and the EU
00:09:42EU share. He called them
00:09:47Share. He called them deeply rooted in our lands and talked about about the shared history between
00:09:50between Canada and Europe. He also also talks about their alliance. alliance. They say. He said they
00:09:54they are not fair weather allies. allies. We do not pursue zero sum
00:09:58sum deals. He talked about sharing
00:10:02sharing the same unwavering dedication
00:10:04dedication to the rule of law, human
00:10:07human dignity, individual freedom freedom and democracy. We are expecting
00:10:11expecting him to hold a news conference
00:10:13conference shortly. We'll be with
00:10:16with that when that begins. He also also added that a strong economy
00:10:19economy is not an end in itself,
00:10:20itself, but a means to a just society
00:10:23society and a nod to President Trump's Trump's use of tariffs. We talked
00:10:27talked earlier about how Donald Trump
00:10:28Trump had reacted to the news that
00:10:32that the European Union and Canada Canada were pursuing this associate
00:10:35associate membership for Canada.
00:10:36Canada. He talked about tariffs being
00:10:40being economic integration is now now being weaponised, tariffs being
00:10:44being used to exert pressure. He
00:10:46He said financial mechanisms have
00:10:48have been used for coercion. Supply
00:10:51Supply chains constitute weak points
00:10:54points to be exploited. He also said said that Canada and the EU can form
00:10:58form a protective canopy under which which their citizens can thrive.
00:11:02thrive. He talked about it being being about sovereignty, our ability
00:11:04ability to live as we wish, he said.
00:11:07said. It's about freedoms. We must must fight for every day. Well, here
00:11:11here in the studio I'm joined by by our Europe editor, Katya Adler, Adler, who's been hearing some of
00:11:14of what Mark Carney had to say and
00:11:18and can I just remind us why we're we're seeing the Canadian Prime Minister
00:11:21Minister in the European Parliament Parliament at all? Well, he was invited
00:11:24invited there, so he was invited invited by the President of the European
00:11:27European Commission, the President President of the European Council Council and the President of the
00:11:31the European Parliament. So the leaders leaders of the EU institutions, he
00:11:35he was already at the Parliament Parliament yesterday listening to to the so-called state of the Union
00:11:39Union address by the President of of the European Commission, and she
00:11:42she made headlines by offering Canada
00:11:45Canada an associate membership of of the European Union. Now that doesn't
00:11:48doesn't exist. There's actually no no legal framework for that. But But there is. And we've heard this
00:11:52this just now from Mark Carney, this
00:11:54this deep, deep desire on both sides
00:11:56sides to get closer. And that is is because Canada, like Europe, feels
00:12:00feels really squeezed right now between between the big superpowers. The
00:12:03The United States and China as well. well. There was lots of indirect
00:12:07indirect reference to Donald Trump Trump there. You know, we're not not about a zero sum game. That was
00:12:11was definitely a dig, even though though he wasn't mentioned by name,
00:12:14name, I would say, you know, to a
00:12:15a large extent he is the unintentional
00:12:18unintentional matchmaker here really, really, because traditionally Europe
00:12:22Europe and Canada look to the US US as their greatest ally in trade
00:12:25trade for the EU and Canada. Number Number one trade partner, but also
00:12:29also in terms of defence, but no
00:12:30no longer. So it's all about diversification, diversification, finding like-minded
00:12:34like-minded partners to stick together. together. And that essentially was was what the speech was about today.
00:12:38today. And he talked about a protective protective canopy being formed between
00:12:42between the EU and Canada, hinting hinting exactly at what you're saying
00:12:45saying about old allies, which aren't aren't viewed so securely nowadays. nowadays. They don't feel secure
00:12:49secure at all. And of course we saw saw him yesterday. So in between
00:12:51between his two European Parliament Parliament appearances, he popped
00:12:54popped over here. He was at Liverpool Liverpool meeting Prime Minister
00:12:58Minister Andy Burnham for the first first time face-to-face. So they
00:13:00they watched an Everton match together. together. And they also spoke about
00:13:04about common values there as well. well. So he emphasised that. Right.
00:13:07Right. It's not about exclusivity. exclusivity. So yes he would like like the special partnership with
00:13:11with the EU. But he said it's a partnership partnership that others should be
00:13:14be able to join other like-minded like-minded groups. So it's not about
00:13:18about shutting others out, it's about
00:13:20about growing together. It was he
00:13:23he was very intentionally talking talking in positive tones. Today
00:13:26Today it's not against other forces, forces, he said. It's not to build
00:13:30build a third superpower, which would would be against China or the United
00:13:33United States. This is about being being together to protect common
00:13:36common values, he said. When you you talk about others potentially
00:13:39potentially being brought into this, this, how much has the mention of
00:13:42of this new concept of an associate associate membership for Canada to
00:13:46to the European Union raised the the interest here in the UK.? Well,
00:13:50Well, of course, I mean, you know,
00:13:53know, definitely if they'd have had had time to chat about it and Mark
00:13:56Mark Carney and Andy Burnham could could have had a chat yesterday about
00:13:59about how to woo the EU and actually
00:14:01actually that it's one thing to have
00:14:04have warm words, whether it's transatlantic
00:14:06transatlantic or across the channel, channel, but it's actually the devil
00:14:10devil is always in the detail. So
00:14:12So whether it's about this reset reset between the UK and the EU after
00:14:16after Brexit that we've heard successive successive Prime Ministers now talking
00:14:19talking about, which actually has has come to very little so far, or
00:14:22or whether it's this talk of an associate associate membership. I mean, what
00:14:25what is that like? There is no concrete concrete terms for this at all. It
00:14:28It will always come down to the details.
00:14:31details. The EU is riddled with rules rules and regulations. It's seen
00:14:34seen as quite an inflexible body body and the European Commission
00:14:38Commission deals with trade on behalf behalf of the member states. But
00:14:41But you have 27 individual countries countries with 27 different national
00:14:45national priorities. Yes, everybody everybody feels vulnerable in the
00:14:48the world today, but we have big big elections coming up across Europe
00:14:51Europe at the moment. You know, in in France, in Poland, in Italy, in
00:14:55in Spain, in these big powers and and with nationalist parties saying
00:14:59saying you've got to deal with our our country first before you turn
00:15:02turn to others. So there are all all sorts of forces at play here, here, and I think it's worth bearing
00:15:06bearing in mind it's one thing when when the European institutions hold
00:15:09hold out the hand to Mark Carney, Carney, but at the end of the day,
00:15:12day, any agreement that could be be forged, whether it's about defence, defence, critical raw materials,
00:15:16materials, AI and tech, any of the the things that Mark Carney mentioned
00:15:19mentioned today, it will have to to be signed off unanimously by all
00:15:22all of these 27 EU member states, states, and that's no easy task.
00:15:25task. Are there particular member member states within that 27 who
00:15:28who are going to be more challenging challenging when this is introduced? introduced? Well. There would be
00:15:31be some who would say France tends tends to be a bit more tricky. I
00:15:34I mean, that's definitely been the the case with the UK, but I think
00:15:37think France feels very strongly
00:15:40strongly that it doesn't want outside outside countries so non-member states
00:15:43states to have two attractive a partnership partnership with the EU because otherwise
00:15:47otherwise you could tempt other members members including France. You know,
00:15:50know, there are political parties parties in France that that aren't
00:15:53aren't very keen on the EU at all. all. So not wanting to tempt others
00:15:56others to leave and get a good deal deal outside so that, you know, that
00:15:59that is a French concern, then you you have Ukraine. I mean, Germany
00:16:02Germany suggested earlier this year year an associate membership for
00:16:06for Ukraine and that was rejected rejected by member states. Ukraine, Ukraine, of course, saying we want
00:16:09want to be in the club completely.
00:16:10completely. So there's a lot of complications, complications, a lot of sensitivities.
00:16:14sensitivities. But I think at the the end of the day, there is absolute absolute agreement. You saw rapturous
00:16:18rapturous applause there. These are are difficult times. Countries need
00:16:21need to stick together. But as I I say, the devil is always in that
00:16:25that detail. Katya, thank you very
00:16:26very much. Katya Adler, our Europe
00:16:29Europe editor around the world and
00:16:30and across the UK
00:17:36Join me Martin Sharkey of Tech, now
00:17:37now on BBC News. King Charles has
00:17:44has called on AI giants to keep tech tech in service of humanity ahead
00:17:48ahead of him hosting a summit with
00:17:50with industry leaders. Concerns about
00:17:52about the existential threat of artificial artificial intelligence have intensified
00:17:55intensified in recent weeks, with with several instances of bad actors
00:17:58actors using AI models for weapons
00:18:01weapons development and fraud. Mustafa Mustafa Suleyman, CEO of Microsoft
00:18:05Microsoft AI has told the BBC Radio Radio 4 Today Programme that this
00:18:08this is a warning shot moment in in the development of AI and there's
00:18:10there's every risk, he says, that
00:18:12that we might lose control of it
00:18:15it unless it is regulated. I think
00:18:17think that if we all create AI that
00:18:19that are able to act autonomously, autonomously, that can define their
00:18:23their own objectives, that can earn
00:18:26earn money, that can own assets,
00:18:27assets, that could run businesses.
00:18:30businesses. We're essentially seeding seeding a new silicon species, which
00:18:33which will no doubt compete with with us for resources, no matter
00:18:37matter how much it cares about humanity
00:18:39humanity and loves us, which is,
00:18:41is, I think, Anthropic intention.
00:18:43intention. I think that is a mistaken mistaken and misguided, but we have
00:18:47have to empirically test it. And And so if they believe that this
00:18:50this is a safer route to developing developing AI, then they have to
00:18:53to share the data to prove that.
00:18:55that. New silicon species is a chilling chilling phrase. It will make people
00:18:59people think of science fiction. fiction. You mean that, don't you?
00:19:02you? You mean that there could be
00:19:04be a competitor species created by
00:19:08by man, perhaps more powerful than
00:19:10than man. We've just witnessed a
00:19:13a watershed moment in the development
00:19:16development of AI and a model that
00:19:18that was being trained by OpenAI
00:19:22OpenAI inadvertently hacked into
00:19:24into Hugging Face, which is a public
00:19:26public website that runs evaluations
00:19:28evaluations and benchmarks for testing
00:19:31testing these agents. The swarm of
00:19:34of agents co-ordinated together.
00:19:36together. They organised themselves themselves into hierarchies. They
00:19:39They created a division of labour, labour, and so they've developed
00:19:43developed very, very complex behaviour.
00:19:45behaviour. Now the good news is this
00:19:47this was OpenAI developing a model
00:19:50model deliberately with the guardrails guardrails turned off. And they were
00:19:53were doing that to try and stress stress test it and learn about its
00:19:57its boundaries and limitations. I I just wonder if you ever worry you've
00:20:00you've helped create something that that we're losing control of. I think
00:20:03think as we've seen, there's every every risk that we might lose control
00:20:06control of it, but our job is to
00:20:10to contain technologies and align align them so that we get the best
00:20:13best out of them. If we didn't have have any air traffic control regulation,
00:20:16regulation, planes would be hitting hitting each other in the sky. When
00:20:19When we introduced seatbelts, we
00:20:21we saved millions of lives. The purpose
00:20:23purpose of regulation is to shape shape and sculpt technology so that
00:20:27that it delivers more good than harm. harm. And that's the moment that
00:20:30that we're currently now in. So I I think it's right to be concerned,
00:20:33concerned, as I said, or worried worried or alarmed as you wish. But
00:20:36But it's also right to be optimistic optimistic about the benefits and
00:20:40and to have everybody focus now on on the challenge of governing and
00:20:43and shaping this technology. That's
00:20:45That's Mustafa Suleyman of Microsoft
00:20:48Microsoft AI. Well, with me, our our AI correspondent Marc Cieslak
00:20:51Cieslak Mark, I mean, I think we're we're going to be punch drunk from
00:20:54from all the warnings day after day
00:20:57day about the existential apocalyptic apocalyptic threat to humanity that
00:21:01that AI might pose. Why is this so so febrile at the moment? Yeah. AI
00:21:05AI has been making headlines all all over the summer for all the wrong
00:21:08wrong reasons really. AI agents going
00:21:10going rogue and breaking out of training training environments. And just days
00:21:14days before the King's event, Anthropic's
00:21:17Anthropic's own CEO Dario Amodei, Amodei, alongside Sam Altman of OpenAI
00:21:20OpenAI and Elon Musk, called for for a slowdown in the development
00:21:23development of the technology. And And we've had safety researchers researchers at these companies posting
00:21:27posting publicly that they believe believe there's more than a 10% chance
00:21:31chance AI could kill all humans within within a decade. Some industry observers,
00:21:35observers, though, they say all of
00:21:36of this talk of apocalyptic AI is
00:21:39is actually marketing intended to to increase the valuation of these
00:21:43these companies as they prepare for for what some think might be trillion
00:21:46trillion dollar IPOs. Hype or not,
00:21:49not, these warnings have struck a a real chord across the globe. That's
00:21:52That's really interesting that it it would increase the value rather
00:21:55rather than decrease them with these these fears. Yeah, yeah yeah. It's
00:21:58It's kind of counterintuitive, but but we have to remember that we are are not necessarily the audience.
00:22:02audience. The media is not necessarily necessarily the audience. The public public isn't the audience. It's investors
00:22:05investors who are the audience. And And these companies have managed
00:22:09managed to, you know, raise billions billions and hundreds of billions billions of dollars worth of investment.
00:22:12investment. Now we're seeing no less less a figure than the King getting
00:22:16getting involved in this hosting hosting this AI summit in Scotland Scotland today. Just tell us about
00:22:20about that. Who's there? Who isn't isn't there? Yeah. So King Charles
00:22:22Charles is hosting AI leaders and and executives from Nvidia, Anthropic,
00:22:25Anthropic, Google DeepMind and OpenAI OpenAI at Dumfries House in Scotland Scotland this week. This is very
00:22:30very much in keeping with how he's he's operated for years on issues
00:22:33issues he sees as critical. He's
00:22:35He's done exactly this in the aviation aviation industry, for instance,
00:22:38instance, bringing together academics, academics, industry figures and people
00:22:41people from government to talk about about sustainability. You know, I've
00:22:45I've personally witnessed this activity activity taking place at Cambridge
00:22:48Cambridge with aviation. So this this format isn't new. What's telling
00:22:51telling is that he's now applying applying it to AI. Sources close
00:22:55close to the King say he's taken
00:22:57taken a genuine personal interest
00:23:00interest in the technology and where
00:23:02where it's heading now. And what's what's interesting is that according
00:23:06according to the newspapers, this this is a man who doesn't own a mobile
00:23:09mobile phone. You know, and another another and a royal source has also
00:23:13also commented that his role here
00:23:15here isn't to dictate policy, it's
00:23:17it's to convene and listen and to to pose questions about how to develop
00:23:21develop the technology for the good good of humanity. And this of course.
00:23:25course. So it fits that pattern of of his work in climate and water
00:23:29water scarcity, using the monarchy monarchy as kind of a neutral convening
00:23:33convening space, if you like. Mark. Mark. That's all we have time for. for. We will wait to see what comes
00:23:36comes out of that summit later. Thank
00:23:38Thank you very much. Marc Cieslak Cieslak Palestinian officials say
00:23:42say the US has again denied a visa
00:23:44visa to Palestinian Authority President President Mahmoud Abbas, forcing
00:23:47forcing him to address the UN General General Assembly remotely for a second
00:23:51second year. Dozens of officials officials travelling with him have have also been denied visas. The
00:23:55The US says the decision reflects reflects failures to reform and concerns
00:23:58concerns over support for terrorism. terrorism. Our Middle East correspondent correspondent Yolande Knell told
00:24:02told me more about the decision not
00:24:05not to allow Mr Abbas into the US..
00:24:07US.. Well, the Trump administration
00:24:10administration accuses the Palestinian Palestinian Authority and the Palestine Palestine Liberation Organisation
00:24:14Organisation these two internationally internationally recognised bodies
00:24:16bodies that represent the Palestinian Palestinian people of glorifying
00:24:20glorifying terrorism, saying that that they have failed to carry out
00:24:23out promised reforms. And it accuses
00:24:25accuses them, too of what it describes describes as internationalising.
00:24:28internationalising. The conflict
00:24:30conflict with Israel by going to to the International Criminal Court
00:24:34Court and the International Court Court of Justice, for example. Now
00:24:37Now we've not had a new Palestinian Palestinian response to all of this,
00:24:41this, not an official one, but what
00:24:45what was said previously when the
00:24:47the Palestinians were accused of of taking these unilateral steps
00:24:51steps is they said, well, you know,
00:24:52know, years of on and off talks brokered
00:24:55brokered by the US between the PLO
00:24:58PLO and Israel have failed to end end Israeli occupation, have failed
00:25:01failed to deliver on this promise
00:25:04promise of a Palestinian state. And And that's why they have taken other
00:25:08other diplomatic steps. Chelsea chairman
00:25:12chairman Todd Boehly and director director Mark Walter have sold their
00:25:16their stakes in the Premier League League side Chelsea to majority owner
00:25:19owner Clearlake Capital, which has has assumed full control. The American
00:25:23American billionaires were two of of the investors who partnered with
00:25:25with Clear Lake to buy Chelsea from
00:25:28from Roman Abramovich for £2.5 billion
00:25:31billion back in May 2022. Chelsea Chelsea finished 10th in the Premier
00:25:35Premier League last season and Xavi
00:25:37Xavi Alonso as their new manager.
00:25:41manager. Now just to let you know know what we've been looking at,
00:25:44at, it's just been the last hour hour or so dominated by that speech
00:25:48speech by the Canadian Prime Minister,
00:25:49Minister, Mark Carney, to the European
00:25:52European Parliament. He was invited invited there by European Commission
00:25:55Commission President Ursula von der der Leyen, who just saw there. She She made that announcement yesterday
00:25:59yesterday that they are pursuing pursuing an associate membership membership of the European Union
00:26:03Union for Canada. We're expecting
00:29:39coping? For more coverage join me
00:29:39me James Landale here on BBC News.
00:29:47News. MUSIC
00:29:56MUSIC
00:30:02Now on BBC News. The latest
00:30:04business news from across the globe.
00:30:06globe. Business Today. Stronger Together
00:30:17Together Canada's Mark Carney takes takes aim at US tariffs and big Tech
00:30:21Tech as he addresses the European
00:30:23European Parliament. Defying the the President, the Federal Reserve
00:30:26Reserve and America raises interest interest rates for the first time
00:30:29time in three years. But President President Trump continues to call
00:30:32call for lower borrowing costs. We
00:30:35We should be paying the lowest interest interest rate anywhere in the world
00:30:39world because we have the strongest strongest credit. And focus now turns
00:30:41turns to the Bank of England for for its latest interest rate decision.
00:30:45decision. Today, as energy prices
00:30:47prices continue to soar. Hello. Welcome
00:30:51Welcome along. This is Business Today. Today. I'm Ben Thompson. Now President
00:30:54President Trump has threatened to to cut trade with the European Union
00:30:57Union if it pursues a proposal to to make