Browse content similar to 27/10/2015. Check below for episodes and series from the same categories and more!
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Those are the latest headlines from BBC World News. | :00:00. | :00:00. | |
Now for the latest financial news with Sally | :00:00. | :00:00. | |
Roam if you want to, the European Parliament will vote | :00:00. | :00:19. | |
on legislation that will cut the cost of using mobile phones abroad. | :00:20. | :00:22. | |
But some say it will just mean higher costs at home. | :00:23. | :00:32. | |
And the UN is set to vote on the US - Cuban economic embargo. | :00:33. | :00:35. | |
Could this increase the pressure on congress to end | :00:36. | :00:37. | |
Also in the programme: Rico Hizon will join us to tell us why | :00:38. | :00:50. | |
Indonesia wants to join the Trans Pacific Partnership. | :00:51. | :00:52. | |
Extra charges for using mobile phones | :00:53. | :00:54. | |
when travelling across the European Union could soon be abolished. | :00:55. | :00:57. | |
The European Parliament is considering a new law which would | :00:58. | :00:59. | |
make it the same price to call, text or go online in any EU country. | :01:00. | :01:03. | |
But some are worried about the consequences for overall prices. | :01:04. | :01:05. | |
Alex Forsyth is in Strasbourg, where MEPs will vote | :01:06. | :01:08. | |
Whether taking photos are talking to friends, phones are in use | :01:09. | :01:23. | |
everywhere but using a mobile abroad can incur hefty bills for calls, | :01:24. | :01:33. | |
texts and going online. A new law could end back these roaming | :01:34. | :01:37. | |
better for us because we don't have to pay as much as we paid before. I | :01:38. | :01:41. | |
take my mobile phone everywhere. When you arrive in a new country, | :01:42. | :01:46. | |
you might get a new message on your mobile phone telling you about a | :01:47. | :01:50. | |
tariff and to disease increased charges for European travellers | :01:51. | :01:56. | |
across the EU that Parliament wants to stop -- and it is these. If this | :01:57. | :02:01. | |
law was passed it will come into effect in 2017. Those in favour say | :02:02. | :02:07. | |
they are safeguards to ensure prices are not pushed up. No operator will | :02:08. | :02:10. | |
be forced to offer service at a loss. This will not pushed these up | :02:11. | :02:19. | |
for domestic users -- fees. And you will not be able to get people using | :02:20. | :02:22. | |
this excessively and pushing everyone else's bill up as well. | :02:23. | :02:25. | |
Despite that, critics say mobile phone companies will try to | :02:26. | :02:32. | |
compensate for lost income. The analysis I have seen suggests that | :02:33. | :02:37. | |
this will reduce revenue by 5% and they will seek to recover that | :02:38. | :02:39. | |
elsewhere. It would mean higher prices for more people. Today the | :02:40. | :02:45. | |
parliament will decide the best protection for travellers in the | :02:46. | :02:51. | |
future. When we get that decision, we will let you know. | :02:52. | :02:55. | |
Indonesia is keen to join the Trans Pacific Partnership, but will it be | :02:56. | :02:58. | |
welcome in the latest trade club that accounts for 40% of global GDP. | :02:59. | :03:01. | |
It's President Joko Widodo is in the US at the moment. | :03:02. | :03:14. | |
The question is whether it will be welcome, again. | :03:15. | :03:20. | |
Rico Hizon is in our Asia Business Hub in Singapore. | :03:21. | :03:26. | |
If they looked very cosy but will Joko Widodo get what he wants -- | :03:27. | :03:36. | |
they? They will be hoping he gets what he wants, they have a huge | :03:37. | :03:41. | |
population and the transpacific partnership will be a huge help to | :03:42. | :03:46. | |
the slowing Indonesian economy. Bilateral trade between Indonesia | :03:47. | :03:49. | |
and the United States was worth more than 27 billion US dollars last year | :03:50. | :03:56. | |
and key priorities for Joko Widodo are for investments and generating | :03:57. | :03:58. | |
more interest in the technology sector. Earlier I spoke with an | :03:59. | :04:07. | |
analyst in Jakarta and asked him whether protectionist factions might | :04:08. | :04:13. | |
try to deter these plans. I think individual politicians will have | :04:14. | :04:17. | |
different reactions. It will be spun in different ways by parties opposed | :04:18. | :04:22. | |
to him. But I think this is a strong signal from him that he is trying to | :04:23. | :04:28. | |
reverse the sense from the outside that there is a wave of economic | :04:29. | :04:33. | |
nationalism. He brought with him the new trade minister who is also | :04:34. | :04:37. | |
serious about making sure that the impression is eradicated. After that | :04:38. | :04:42. | |
meeting with Mr Obama at the White House, he will be cutting short his | :04:43. | :04:47. | |
US trip to head back home to address this very important problem right | :04:48. | :04:53. | |
now that is impacting most of Southeast Asia. Singapore, Malaysia | :04:54. | :04:58. | |
and the Philippines and this is the haze situation. Thank you. | :04:59. | :05:03. | |
Today, the UN General Assembly is set to vote on the long-standing US | :05:04. | :05:06. | |
The embargo was originally intended to try to force Fidel Castro | :05:07. | :05:10. | |
But for Cubans, it has meant scarcity of basic products | :05:11. | :05:13. | |
for many years and they hope the new relationship with Washington | :05:14. | :05:16. | |
It's early morning in the produce market at the crossroads of Havana, | :05:17. | :05:39. | |
a well-known spot to find fresh fruit, vegetables and meat, it is | :05:40. | :05:43. | |
one of the most popular food markets in the capital and a good example of | :05:44. | :05:47. | |
the kind of private enterprise expanding in Cuba under Raiola | :05:48. | :05:59. | |
Castro -- Raul. Vendors are free to regulate their own prices and any | :06:00. | :06:01. | |
profit they make those directly into their own pockets. TRANSLATION: It | :06:02. | :06:09. | |
has been a good year. Tourism has gone up since relations with the | :06:10. | :06:13. | |
United States started to improve. That means more sales to private | :06:14. | :06:17. | |
restaurant owners and more money for my business. He says one thing is | :06:18. | :06:22. | |
still making life tough for most Cubans. The decades long trade | :06:23. | :06:27. | |
embargo on the island. As the United Nations gathers in New York to yet | :06:28. | :06:36. | |
again reject the US embargo on Cuba, people here will simply wish it had | :06:37. | :06:40. | |
been lifted but that will require the US Congress to act as well. In | :06:41. | :06:48. | |
the meantime, the shoppers aren't focusing -- are focusing on trying | :06:49. | :06:50. | |
to purchase the items that the embargo makes it hard to find. The | :06:51. | :06:56. | |
Obama administration wishes to CD embargo lifted once and for all -- | :06:57. | :07:03. | |
see the. It has already been lifted on items like construction materials | :07:04. | :07:06. | |
and information technology and Obama has made it easier for US businesses | :07:07. | :07:12. | |
to work on the island and for Cubans to travel to the United States. The | :07:13. | :07:22. | |
secretary urged Cubans to respond. The Castro government says the | :07:23. | :07:26. | |
communist ideal is becoming more business friendly but they | :07:27. | :07:29. | |
consistently repeat calls for the embargo to and first. TRANSLATION: | :07:30. | :07:36. | |
-- end. It would have a huge impact on the oil industry in Cuba as the | :07:37. | :07:41. | |
biggest energy producers are based in the US or are owned by US | :07:42. | :07:45. | |
multinationals. A new opening with the US would be very important for | :07:46. | :07:55. | |
the entire sector in Cuba. As the sales of the day nonstop, it has | :07:56. | :08:02. | |
been a successful one. Customers and traders say the vote sends out an | :08:03. | :08:11. | |
important message that the embargo is outdated and hurts ordinary | :08:12. | :08:12. | |
Cubans the most. In other news: Fast food chain | :08:13. | :08:14. | |
Burger King has opened its first outlet Mongolia, | :08:15. | :08:17. | |
joining companies from Pizza Hut to Porsche in anticipating an economic | :08:18. | :08:19. | |
boom from copper and gold mining. A large sparsely populated nation, | :08:20. | :08:22. | |
landlocked between China and Russia, Mongolia still has no | :08:23. | :08:24. | |
McDonalds or Starbucks. Police in the UK say | :08:25. | :08:30. | |
a 15-year-old boy has been arrested in connection with a cyber attack | :08:31. | :08:33. | |
which released the personal data The attack | :08:34. | :08:36. | |
on the telecoms company TalkTalk last week has wiped $550 million | :08:37. | :08:39. | |
off the company's market value. In Monday's trade | :08:40. | :08:42. | |
the company's share price fell 12%. Maggi noodles will be back on the | :08:43. | :08:49. | |
shelves across India next month. In May, food safety authorities | :08:50. | :08:52. | |
banned the production and sale of the noodles made by Swiss giant | :08:53. | :08:55. | |
Nestle, after claims they contained That ban was later overturned but | :08:56. | :08:58. | |
400 million packets were destroyed. Let's look at the financial | :08:59. | :09:18. | |
markets. It's all about central bankers and banks this week. The | :09:19. | :09:22. | |
Bank of Japan are meeting at the end of the week. The Federal Reserve are | :09:23. | :09:25. | |
having their November meeting. They gather tomorrow. All eyes around | :09:26. | :09:31. | |
that and the markets are treading water ahead of those decisions -- | :09:32. | :09:37. | |
are on. Investors want more stimulus from Japan but in Asia, that they | :09:38. | :09:42. | |
want the Fed to do nothing and keep rates on hold. A mixed picture on | :09:43. | :09:48. | |
Wall Street. We will be hearing from the former head of the Federal | :09:49. | :09:55. | |
Reserve later on. Join me for that in Business Live. | :09:56. | :10:04. |