The impeached president of South Korea apologises as he's stripped of power. Also, China hits back at US tariffs by imposing high taxes on American imports and a rogue bird is caught after terrorising an English village.
What led to the impeachment of South Korea's president?
The two biggest economies in the world really drove world trade. There were a lot of American companies that rely on Chinese manufacturing. Similarly, many Chinese companies rely on the power of the American consumer to sell their goods. And so if that's grinding to a halt, if we're seeing Beijing hitting back at Washington almost as hard as Washington's head out first—
This is really terrible for global trade, and it really isn't looking good for the Chinese economy itself, which has already been suffering. They've already been facing serious restrictions in their efforts to get Chinese shoppers to buy more. And so this is just another bad mark for the Chinese economy.
Celia Hatton, the tariffs have led to wild drops on the stock markets from Asia to the United States. The Trump administration welcomed the stock market falls. Here's the Secretary of State, Marco Rubio, speaking at a NATO meeting in Brussels a short time ago.
Markets are crashing because markets are based on the stock value of companies who today are embedded in modes of production that are bad for the United States. We have to be a country that thinks we're the largest consumer market in the world, and yet the only thing we export is services. And we need to stop that.
We need to get back to a time where we're a country that can make things, and to do that we have to reset the global order of trade. So the president rightly has concluded that the current status of global trade is bad for America and good for a bunch of other people, and he's going to reset it, and he's absolutely right to do it.
Marco Rubio, and we'll be doing a Q&A, a question and answer session on the subject of tariffs in the near future. Please email us with your questions. The so-called Ottawa Treaty, the global convention banning landmines, is considered to be a great success.
Ratified by more than 160 countries, it's led to huge reductions in the use and stockpiling of landmines and to large numbers of minefields being cleared. But now a number of European countries have signalled their intention to withdraw. Imogen Fowkes reports from Geneva.
Poland, Lithuania, Estonia, Latvia and Finland, all fearful of the threat from Russia, say they plan to leave the landmine treaty. In the UK, former Defence Minister Ben Wallace has hinted Britain should do the same. The plans have caused outrage.
Tamar Gabelnik, director of the Nobel Peace Prize laureate, the international campaign to ban landmines, says using mines doesn't even make sense militarily.
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