Browse content similar to 14/12/2016. Check below for episodes and series from the same categories and more!
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It's not so much a question of will they - | :00:15. | :00:17. | |
a US rate hike is almost a certainty today. | :00:18. | :00:21. | |
Now the question is when will the next one come/ | :00:22. | :00:27. | |
All agree solar panels provide cheap energy, | :00:28. | :00:29. | |
but what do you do if you have nowhere to put them? | :00:30. | :00:33. | |
Also in the program, Carlos Ghosn saved Nissan | :00:34. | :00:46. | |
But can he also fix the troubled carmaker Mitsubishi Motors? | :00:47. | :00:56. | |
The US Federal Reserve is all but certain to raise rates | :00:57. | :01:01. | |
later today for only the second time in nearly a decade. | :01:02. | :01:10. | |
Economists expect the central bank to raise its key | :01:11. | :01:16. | |
rate by a quarter percentage point to between 0.5% and 0.75% | :01:17. | :01:20. | |
from the current range of 0.25% to 0.5%. | :01:21. | :01:26. | |
And with a rate rise assumed, the focus among investors has | :01:27. | :01:31. | |
shifted to how a Trump economy will affect the outlook | :01:32. | :01:34. | |
6000 that is the number of parcels processed in the Bronx New York with | :01:35. | :01:54. | |
Laura Bassett shopping online, business is busier than ever. -- | :01:55. | :02:02. | |
with all of us. 355 billion packages. The hum of the conveyor | :02:03. | :02:10. | |
belt of welcome soundtrack. FedEx revenue from ground presentation has | :02:11. | :02:15. | |
nearly doubled in the past five years. It is early in the morning | :02:16. | :02:20. | |
here in the Bronx, packages being prepared to go out on the road and | :02:21. | :02:26. | |
it is not just FedEx delivering the goods, so is the US economy so much | :02:27. | :02:30. | |
so that the Federal Reserve is getting ready to raise interest | :02:31. | :02:37. | |
rates for the first time in a year. The last time policymakers inside | :02:38. | :02:40. | |
here raised rates they indicated there would be four more in 2016 but | :02:41. | :02:46. | |
we as in the economy meant that did not happen. We expect more realistic | :02:47. | :02:55. | |
figures than this time last year. They were dealing with collapse in | :02:56. | :03:02. | |
commodity prices and dangers in the markets all over the world. This man | :03:03. | :03:07. | |
is changing expectations. Economists believe his pledge to cut taxes and | :03:08. | :03:13. | |
spend on infrastructure would boost growth and that will have an impact | :03:14. | :03:17. | |
on the size and pace of future rate rises. We expect to in 2017 and more | :03:18. | :03:29. | |
in 2018. But we'll find out if it is to be more aggressive. Janet Yellen | :03:30. | :03:33. | |
is getting a helping hand from Wall Street. A stronger dollar are ready | :03:34. | :03:38. | |
squeezing the economy, giving her more time to assess policy under a | :03:39. | :03:41. | |
Trump administration. James Foley is a senior foreign | :03:42. | :03:56. | |
exchange strategist. Everybody is agreed we are looking at a quarter | :03:57. | :04:01. | |
of a percent. The question is what is going to happen next year? It is | :04:02. | :04:07. | |
about the tone that is sad and the market as at an interesting phase -- | :04:08. | :04:14. | |
sect. We talk about inflation quite a lot and we have Donald Trumps. It | :04:15. | :04:21. | |
is pushing higher on the anticipation that Trump will spend | :04:22. | :04:25. | |
that money and take away regulation and we will have faster growth but | :04:26. | :04:32. | |
not all economists are great. Some are sceptical about the amount of | :04:33. | :04:37. | |
inflation that will come. Lots of effects keeping inflation low in the | :04:38. | :04:41. | |
past couple of years, demographics, workers, and low earnings growth. | :04:42. | :04:48. | |
Without those of effects changing, there may not be too much inflation | :04:49. | :04:53. | |
priced into the market. Something that will possibly change is higher | :04:54. | :05:01. | |
or you'll prices -- oil prices. With the still taking place in the New | :05:02. | :05:08. | |
Year, we could some say Sea oil at $60 a barrel. Immediately it is | :05:09. | :05:17. | |
pushing up energy costs in Europe and the UK, is that the same in the | :05:18. | :05:25. | |
US? Not the same degree but we will see inflation but it is type of | :05:26. | :05:30. | |
inflation - cost push inflation. By the time you go out and spend your | :05:31. | :05:34. | |
money on gas and petrol, you have less money for everything else. Cost | :05:35. | :05:42. | |
inflation is tax. What we really want to see is a demand pulled | :05:43. | :05:48. | |
inflation where we have more money to spend when our earning goes up. | :05:49. | :05:56. | |
There are structural effects keeping a lid on that across the Western | :05:57. | :06:04. | |
world. Thank you very much. We are working so hard and Jane will be | :06:05. | :06:06. | |
back for the paper review. Singapore is one of | :06:07. | :06:12. | |
the sunniest places in Asia. But space is hard to find - | :06:13. | :06:15. | |
and solar energy has been slow Now the world's largest floating | :06:16. | :06:18. | |
solar testbed has been set up doing Charlotte Glennie went | :06:19. | :06:22. | |
to find out more. Right near the equator it is always | :06:23. | :06:31. | |
someone in Singapore yet less than 1% of the city power is generated by | :06:32. | :06:36. | |
the sun. The adoption of solar energy in Asia has been a bit slower | :06:37. | :06:42. | |
than in Europe so the markets over their have been booming over the | :06:43. | :06:48. | |
last 10- 15 years. Most countries in Southeast Asia have to wait until | :06:49. | :06:52. | |
the global market has built up a capacity and learned from economies | :06:53. | :06:59. | |
of scale. Solar energy is cheap now and China has become Asia's leading | :07:00. | :07:04. | |
user of solar power. Japan is also big dog and India is pushing to be. | :07:05. | :07:09. | |
South East Asia is slowly catching up, led like Thailand. Trouble is, | :07:10. | :07:15. | |
in places by Singapore, there is not much land for installing solar | :07:16. | :07:19. | |
panels that so scientists are looking for alternatives. Ten | :07:20. | :07:25. | |
floating panels have been set up provided by companies from all over | :07:26. | :07:28. | |
the world. Each is designed differently. The way they float, to | :07:29. | :07:35. | |
the type and size of the panels used to the way they are a range. The | :07:36. | :07:39. | |
goal is to find out which one works the best. The more direct sunlight | :07:40. | :07:46. | |
solar panel gets, the more it heats up but the more it does so, the less | :07:47. | :07:51. | |
power it produces soap floating systems are being tested to see if | :07:52. | :07:58. | |
they are more efficient stop in the building department in Singapore, a | :07:59. | :08:02. | |
citystate, you have a lot of heat from the buildings. If you go out to | :08:03. | :08:09. | |
waters, that is what we are trying to test. How much is the cooling | :08:10. | :08:16. | |
effect from the water on the solar panels and how much more electricity | :08:17. | :08:21. | |
we can generate compared to system on a rooftop, for examples. Experts | :08:22. | :08:26. | |
say the region 's governments need to stop subsidising conventional | :08:27. | :08:33. | |
electricity and give room for harnessing energy from the sun. | :08:34. | :08:37. | |
It is a big day at scandal-hit Mitsubishi Motors. | :08:38. | :08:40. | |
Shareholders are expected to approve Carlos Ghosn as chairman | :08:41. | :08:43. | |
He currently runs rivals Nissan and Renault. | :08:44. | :08:46. | |
They will also vote on whether to TRIPLE the annual pay | :08:47. | :08:49. | |
packages of Mitsubishi Motors' top executives. | :08:50. | :08:52. | |
Mr Ghosn is taking over the reins at Mitsubishi after Nissan bought | :08:53. | :08:55. | |
a controlling stake earlier this year. | :08:56. | :09:01. | |
US bank Wells Fargo has been hit with restrictions after attempts | :09:02. | :09:04. | |
to fix issues with its bankruptcy plan failed. | :09:05. | :09:07. | |
Banks labelled "too big to fail" must have a so-called "living will" | :09:08. | :09:11. | |
that would allow them to close down without the help of public money. | :09:12. | :09:15. | |
Wells Fargo will be barred from opening international branches | :09:16. | :09:18. | |
and buying non-bank companies until it satisfies the regulators. | :09:19. | :09:30. | |
Looking at the markets... They are treading water. Waiting for the | :09:31. | :09:45. | |
announcement. It is all about comments, what is said following | :09:46. | :09:49. | |
that rate decision about future rate moves. Look at the US, the Dow going | :09:50. | :09:59. | |
up and up, will it hit 20,000 this year? Who knows. I will see you | :10:00. | :10:03. | |
soon. | :10:04. | :10:06. |