26/06/2013 World Business Report


26/06/2013

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BBC World News. Now for the latest financial news with World Business

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Windows 8 - the sequel - Microsoft back peddles on its new-look

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operating system. A property revolution? Andalusia

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seizes hundreds of thousands of empty homes slated for repossession.

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Welcome to World Business Report. Also in the programme - a fresh

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round of spending cuts are expected to be announced in the UK. We'll

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have the details. Its software powers millions of

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computers around the world but, Microsoft's newest operating system

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has not gone down well with users. Windows 8 with its new tablet-style

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isn't compatible with much of the company's other software and many

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customers say they preferred the more traditional layout of its

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predecessor. In bid to draw a line under these problems Microsoft is

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offering a free upgrade and will unveil version, 8.1, at its annual

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developers' conference in San Francisco today. Recognised this?

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It is the windows start button. Microsoft got rid of that feature

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when they launched this. Windows eight - a complete redesign of the

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operating system. Ballet to consumer demand, the Start button

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is making a comeback. Windows eight has a look and feel of an operating

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system you would see on a smartphone or target. Great for

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mobile users, but a tough sell for people using desktop computers.

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Microsoft hopes the new version will give consumers another view,

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while still bring them in with the new. Windows XP is the bits that

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make not supported any more. People need to upgrade. They are giving us

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the way to do what in small enough steps that people get used to

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bodies. There are a lot of things are really great and work a lot

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better. We're role used to tapping on screens now. Despite we are all

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used to. It may take a while to catch on, but some are already

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casting doubt. One research firm is predicting four years from now,

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Android will be the dominant operating system, Microsoft will be

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second and Apple behind. With lusty's misstep, this is

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Microsoft's second chance to get it right before consumers start tuning

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them out. They say possession is nine tenths

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of the law. The government of Spain's biggest region, Andalusia,

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is set to seize thousands of homes. Andalusia says the empty properties

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are, themselves, at risk of being seized by Spanish banks because the

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owners have fallen behind with their mortgage payments. But the

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government's decision to expropriate bank property may put

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Spain on a head on collision with the European Commission. Tom

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Burridge sends this report from Andalusia. This woman was due to be

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evicted. They have started, she shuts down the phone. Then she

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thinks the people blocking their front door. They are members of a

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powerful protest movement. They are fighting to stop housing evictions

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in Spain. After the property boom and bust here, record numbers of

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people cannot pay their rent or mortgage. In the south of the

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country, things are even worse. These men have been massive work

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for two years. They are facing eviction because they cannot pay.

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They need help now. We cannot go one, she says. There is no money.

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Housing repossessions are high because unemployment in this region

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is at 37%. The regional government estimates that there are hundreds

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of thousands of empty properties in this part of Spain. A Hanover from

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the construction boom. The regional government has come up with a

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controversial new law, allowing it to temporarily seized properties

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from Spanish banks if the family living there is due to be evicted

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because they cannot pay their mortgage to the bank. The regional

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government says it will then pay the bank rent for the property that

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it has seized. TRANSLATION: These laws are going to create a problem

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with the housing market. Everything will be done legally. We will

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create a fair market. We will have the right liquidity to make sure

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that everyone has access to their homes. Those protesting a his

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depictions in Spain welcome the new law. Some experts worry about the

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impact on some already fragile Spanish banks. I think it is crazy.

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It is not efficient. It is a dangerous way of helping people

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that may be legitimate be in need of some kind of relief. This relief

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should not be achieved by expropriating houses from their

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legal owners. In this city, Lucas is unpacking. Unable to pay his

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mortgage, he had cleared out his house. He was ready for his

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eviction. At the last minute, the courts intervened and he had a

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reprieve. Spain's central government has made some

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concessions to reduce the number of for closures. In the south, this

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government was to go further, to stop many more homes being

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repossessed. In other news: The UK Finance

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minister George Osborne is set to unveil a fresh round of spending

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cuts for 2015. He is expected to cut some budgets by nearly a third

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in a bid to save �11.5 billion. Many expect more cuts to the police,

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defence and transport spending. But, the coalition government has

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promised to protect the budget for the National Health Service,

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schools and state pensions in England. The European Union's

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biggest farms stand to lose up to 40% of their government payouts as

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part of a deal to reduce EU spending on agriculture. At the

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moment, the EU pays 50 billion euros a year in subsidies to

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farmers. After weeks of negotiations, ministers have now

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agreed to give national governments the option to limit losses to 30%

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for big farms. But, there are still disagreements about production

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quotas for key crops like sugar. They say the only certainties in

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life but death and collecting taxes. Collecting taxes is an uphill

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battle for many governments. Taiwan has a unique way of getting people

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to pay their taxes. It offers them a chance to win a National Lottery

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for every receipt they send him. It is proving so popular that the

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island is planning to improve the system and go pop -- paperless. Our

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correspondent has more. Buying breakfast at a cafe. This may seem

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like an ordinary transaction, but there is much more involved. Every

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time it churns out a receipt, the son seen tells the government how

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much the cafe has just earned, so we can accurately collect the taxes

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it is due. What makes the system work is that practically every

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customer wants a receipt. It has become an obsession for many

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Taiwanese to collect them. Every two once, the ministry of finance

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holds a lottery. If the numbers on the receipt match the price from,

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they could be a chance to hit the jackpot. TRANSLATION: I get a

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receipt for everything I buy. They give them to my favourite charity

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because I want them to win a big prize. My son says his receipts for

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himself because he wants to win some pocket money. Most Taiwanese

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donate their receipts to charities, to help gen?I ? to help genAll

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of the Taiwan there are boxes like this for people to staff receipts

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in force of cash prizes range from $6 all the way up to $330,000. More

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than 24 million prizes, worth a total of $245 million, were given

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out in 2011. Officials say the system has helped increase tax

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revenue by 59 to 75%. TRANSLATION: We implemented the system because

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in the past some businesses were not pay taxes. We encourage the

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public to get the seats. After they get receipts they can donate them.

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despite despite its popularity, the system

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does not cover the sizable cash economy. Small businesses making

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less than $6,000 a month are not required to give a recedes. Around

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20% of businesses here not covered by this system. They include

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traditional markets, roadside venues auras businesses like this.

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They either have to pay no tax, or 1% of their estimated earnings.

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Soon, the lottery system will undergo a major makeover. They

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could make recedes obsolete. People are being encouraged to register

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their mobile phone numbers online. Their receipts will be

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electronically credited to their accounts. Those who go paperless

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will have a chance to win even more prizes. This could prove to be

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another winner for the tax collectors. A look at the markets,

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which are a little bit more positive than what we have seen. It

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has been pretty volatile and there have been some heavy losses in

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China. We are seeing a better session today. That is because we

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