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	Podcast:		World Business Report
	Episode:		Nafta in Spotlight after US and EU Agree Trade Truce
	Category:		Business
	Duration:		00:26:26
	Publish Date:		2018-07-26 10:19:00
	Description:		Talk of a trade war between America and the European Union is over - for now. The two sides have pledged to work together to lower tariffs. Now, the future of another trading bloc is in focus. The North American Free Trade Agreement (Nafta) will be discussed by Mexico's economy minister and the US trade representative Robert Lighthizer. Marianne Schneider-Petsinger at Chatham House explains why hostilities could resume. Also, shares in social media giant Facebook have plunged following disappointing financial results. Dr Ciarán McMahon says users haven't given up "liking" Facebook just yet. Then, ten years after the leaders of Brazil, Russia, India, China and South Africa attended the first summit to champion the world’s leading emerging economies, we ask if the so-called BRICS are still relevant. The oldest newspaper company in Australia, Fairfax, is being swallowed up into a new media giant - run by Nine Entertainment. We hear from Kate McClymont, an investigative journalist at the Sydney Morning Herald, owned by Fairfax. And Peter Ryan, the Australian Broadcasting Corporation's senior business correspondent gives us his take on the announcement. Also, the BBC's Jonathan Josephs explores what's behind our increasing thirst for ethically sourced and sustainable coffee.
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