Browse content similar to 08/03/2017. Check below for episodes and series from the same categories and more!
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As the world prepares for Brexit, the British government boasts | :00:12. | :00:15. | |
of an economy that continues to grow. | :00:16. | :00:20. | |
Growth forecasts are up - borrowing is down - | :00:21. | :00:24. | |
As we start negotiations to exit the European | :00:25. | :00:29. | |
Union, this budget takes forward our plan prepare Britain | :00:30. | :00:31. | |
UK growth is expected to slow slightly next year but so far | :00:32. | :00:39. | |
the economy has defied the forecasts of most economists - | :00:40. | :00:42. | |
You don't think the IMF did get it wrong in this case? | :00:43. | :00:57. | |
Also, after the CIA's cyber warfare secrets are revealed, | :00:58. | :01:00. | |
we ask who are Wikileaks and what do they really want. | :01:01. | :01:03. | |
How India's silicon valley hopes to benefit from | :01:04. | :01:05. | |
And it is International Women's Day - the 115th | :01:06. | :01:14. | |
celebration of its kind - we've come along way since 1911, | :01:15. | :01:17. | |
Ten months ago, Britain stood on the edge of the precipice. | :01:18. | :01:31. | |
A vote for Brexit - said the government - | :01:32. | :01:33. | |
The hit to the UK economy would be so great, there would be | :01:34. | :01:38. | |
spending cuts and tax rises, almost immediately. | :01:39. | :01:40. | |
Well, what a difference ten months on. | :01:41. | :01:43. | |
As the country prepares to start the Brexit process, Phillip Hammond, | :01:44. | :01:45. | |
today's Chancellor of the Exchequer, was sounding a very different tone. | :01:46. | :01:50. | |
I report today on an economy that has continued to confound | :01:51. | :01:53. | |
A labour market delivering record employment and a deficit down by | :01:54. | :02:06. | |
As we start negotiations to exit the European | :02:07. | :02:11. | |
Union, this budget takes forward our plan to prepare Britain | :02:12. | :02:13. | |
And the reason for this cautious optimism is the growth rate | :02:14. | :02:17. | |
for the UK economy - for 2017 it has been revised | :02:18. | :02:19. | |
upwards from 1.4 to 2%, while employment is forecast to grow | :02:20. | :02:22. | |
Far from the immediate recession predicted | :02:23. | :02:31. | |
by Remain campaigners - and Mr Hammond was one of them - | :02:32. | :02:34. | |
Reflecting the recent strength in the economy, | :02:35. | :02:42. | |
the OBR has upgraded its forecast for growth next | :02:43. | :02:44. | |
And Mr Deputy Speaker, I don't see too many | :02:45. | :02:50. | |
people on the opposition front bench doing this. | :02:51. | :03:02. | |
In 2018-2019, growth is forecast to slow to 1.6%, before | :03:03. | :03:04. | |
picking up to 1.7%, then 1.9%, returning to 2% in 2021. | :03:05. | :03:17. | |
Here in the UK the spotlight is fixed on the new taxes Mr Hammond | :03:18. | :03:20. | |
But generally speaking, the outlook is more positive | :03:21. | :03:25. | |
than many had expected, despite those slightly lower | :03:26. | :03:28. | |
forecasts for growth in the years in which the UK will be | :03:29. | :03:31. | |
Which is surely some embarrassment to the IMF. | :03:32. | :03:36. | |
They predicted a recession soon after a leave vote. | :03:37. | :03:40. | |
I spoke to the Managing Director of the IMF, | :03:41. | :03:42. | |
Christine Lagarde, yesterday - here's what she had | :03:43. | :03:44. | |
The IMF had been negative, pessimistic about the prospects | :03:45. | :03:51. | |
for the British economy post if Brexit were to take place. | :03:52. | :03:54. | |
Actually, it hasn't panned out like that, so far at least. | :03:55. | :03:57. | |
Are you revising your forecasts on the British | :03:58. | :03:59. | |
We did revise in January, as we published the update | :04:00. | :04:06. | |
And we will be very attentive to the industrial activity results, | :04:07. | :04:16. | |
to service activity results, to the way the sterling is behaving | :04:17. | :04:19. | |
If we get something wrong, we are the first ones to admit. | :04:20. | :04:28. | |
You don't think the IMF did get it wrong in this case? | :04:29. | :04:33. | |
With me now is Anand Menon, professor of European | :04:34. | :04:39. | |
politics and foreign affairs at King's College London | :04:40. | :04:41. | |
who specialises in issues surrounding Brexit. | :04:42. | :04:48. | |
The remainders will course say we have not left yet. No doubt some | :04:49. | :04:56. | |
Remainer is got it wrong. Some people said as soon as we leave | :04:57. | :05:01. | |
George Osborne said we would need an emergency budget within weeks. But | :05:02. | :05:06. | |
there is a longer term prediction about what happens when we beat the | :05:07. | :05:10. | |
single market and Customs union and for that we have to wait until | :05:11. | :05:13. | |
believe. I know you have been around Europe talking to others about | :05:14. | :05:18. | |
Brexit, how will other countries view what is happening, do they look | :05:19. | :05:22. | |
at it with some concern? No, I do not think it is the case that other | :05:23. | :05:26. | |
European states want us to suffer but in terms of whether it looks as | :05:27. | :05:31. | |
if we are benefiting from leaving, I think they will be calm because we | :05:32. | :05:34. | |
had not left yet. They will wait and see when we leave the single market | :05:35. | :05:41. | |
or customs union. At what point do you think we will whether those | :05:42. | :05:50. | |
forecasts put forward of lower growth and high unemployment, when | :05:51. | :05:55. | |
will be get a sense of that? I think the real impact if there is one will | :05:56. | :05:59. | |
be felt once we can no longer trade within the single market or customs | :06:00. | :06:03. | |
union. Some economists are now predicting that we will see a | :06:04. | :06:07. | |
falloff in investment as companies perhaps decide to relocate or invest | :06:08. | :06:11. | |
less in this country because we are outside the single market. That is | :06:12. | :06:15. | |
very much the order of prediction we have seen wrong already. It is worth | :06:16. | :06:21. | |
picking up on an interesting thing from the budget, the OBR document. | :06:22. | :06:28. | |
It bases predictions on growth, levels of migration that are far | :06:29. | :06:30. | |
greater than the target the government has. If you think one of | :06:31. | :06:35. | |
the reasons to support Brexit was to get the number down, these | :06:36. | :06:39. | |
predictions are based on numbers that are significantly higher. Thank | :06:40. | :06:47. | |
you. I keep hearing in the United States, you might not think people | :06:48. | :06:51. | |
are aware of the UK growth forecast here, but I heard some people who | :06:52. | :06:55. | |
are pro Trump saying all those experts who said the UK would go | :06:56. | :07:00. | |
down the tubes economically after a leave vote, they were wrong. The | :07:01. | :07:03. | |
experts were wrong and they will be wrong about Donald Trump as well. It | :07:04. | :07:10. | |
strikes me how many people are raising that as an issue. | :07:11. | :07:14. | |
A lot of people in the UK will think back to what Michael Gove, one of | :07:15. | :07:18. | |
the chief architects of Brexit said at the time, we have had enough of | :07:19. | :07:22. | |
experts. What was interesting about this speech today, which was half | :07:23. | :07:26. | |
the size of the speech last year, there was no mention of Brexit. Once | :07:27. | :07:31. | |
or twice he spoke of leaving the EU but of course the broad canvas is | :07:32. | :07:35. | |
Brexit. He did not make many references as to what would happen | :07:36. | :07:38. | |
next. The reason for that of course is the experts got it wrong. If you | :07:39. | :07:43. | |
forecasts now probably more predictable than at any time in | :07:44. | :07:50. | |
living memory because people just do not know what is in store over the | :07:51. | :07:53. | |
course of the next four years. So I suppose once burned, twice shy. We | :07:54. | :07:55. | |
will keep watching. As the world watches what Brexit | :07:56. | :07:55. | |
will mean for the UK's economy, there are also questions | :07:56. | :07:58. | |
about what the Trump administration's economic | :07:59. | :08:00. | |
impact will be in the US. Since he's taken office, | :08:01. | :08:02. | |
the stock market has made steady gains - | :08:03. | :08:04. | |
but what's the long It's a topic I also discussed | :08:05. | :08:06. | |
with IMF chief Christine Lagarde. You have been reasonably | :08:07. | :08:14. | |
positive on the US economy He also talked about slashing US | :08:15. | :08:18. | |
taxes, a $1 trillion What we have done is revised | :08:19. | :08:27. | |
the US outlook for growth. From 1.6 in 2016, we forecast 2.3 | :08:28. | :08:39. | |
and then 2.5 in 2017-2018. There is a lot of positive news that | :08:40. | :08:46. | |
has already been priced in, And clearly that would lead | :08:47. | :08:49. | |
to an upside in terms If that was not to happen, in other | :08:50. | :08:57. | |
words if there was no tax reform, no support of significant | :08:58. | :09:06. | |
infrastructure, range of projects, if there was no fiscal spending, | :09:07. | :09:10. | |
that would lead us to have But at the moment what we see | :09:11. | :09:13. | |
is positive anticipations Are you concerned about trade | :09:14. | :09:19. | |
policies from this administration because he has after all already | :09:20. | :09:36. | |
taken the US out of the TPP and made it clear he wants to look | :09:37. | :09:39. | |
at Nafta and revise that. What would worry me would be | :09:40. | :09:45. | |
if leaders were not focused on securing the benefits | :09:46. | :09:48. | |
of international trade. But at the same time making sure | :09:49. | :09:49. | |
that those who have been left to the side of international trade, | :09:50. | :09:53. | |
were not looked after. And if those who will be affected | :09:54. | :10:00. | |
by technology breakthroughs, by robotisation, by their jobs | :10:01. | :10:14. | |
being removed from the supply chains, were not looked | :10:15. | :10:17. | |
after and not prepared to adjust Because they have been people left | :10:18. | :10:19. | |
to the sides but there will be more, irrespective of international | :10:20. | :10:23. | |
trade or not. Simply because technology will bring | :10:24. | :10:25. | |
about those changes. So my clear priority | :10:26. | :10:27. | |
and focus in two weeks' time Focus on helping people | :10:28. | :10:31. | |
prepare for the changes. And look after those | :10:32. | :10:35. | |
who have been affected. You are describing a world | :10:36. | :10:38. | |
in which we had Brexit and we had Donald Trump elected, | :10:39. | :10:47. | |
and the story that you And Chinese new plans | :10:48. | :10:48. | |
coming into effect soon. We cannot focus the entire | :10:49. | :10:51. | |
world around UK and US. But that story of trade and how some | :10:52. | :10:54. | |
people have been left behind by the march of globalisation, | :10:55. | :10:57. | |
is what has led us to populist In those two countries | :10:58. | :11:00. | |
and to the prospect of more You can understand why | :11:01. | :11:09. | |
voters in those countries They feel we did not get | :11:10. | :11:11. | |
a good deal out of this. I have to look at the entire | :11:12. | :11:18. | |
population and that is While you have I would say probably | :11:19. | :11:20. | |
about 20 countries that are very concerned about these issues | :11:21. | :11:28. | |
and where the media talks I have about 160 other countries | :11:29. | :11:30. | |
that are very keen to see international trade, | :11:31. | :11:41. | |
that want globalisation and that have benefited vastly from standard | :11:42. | :11:42. | |
of living, If you just look at the advanced | :11:43. | :11:44. | |
economies, the average Is it to say that everyone | :11:45. | :11:56. | |
has benefited, no. What has not been done | :11:57. | :11:59. | |
by policymakers and everyone is at fault, us included, | :12:00. | :12:03. | |
is we have not focused on those who have lost out of globalisation | :12:04. | :12:06. | |
in those advanced economies. Did you find relatively upbeat about | :12:07. | :12:25. | |
one Donald Trump are setting out? She was positive about growth in the | :12:26. | :12:28. | |
United States and the UK as well for that clearly she must be careful not | :12:29. | :12:33. | |
to be political specifically on the Trump administration and domestic | :12:34. | :12:37. | |
American politics. But the point she made was interesting, but there are | :12:38. | :12:40. | |
countries where we are seeing Populist governments coming in and | :12:41. | :12:43. | |
populist movement is doing well and in those countries there is a desire | :12:44. | :12:48. | |
for protectionism. But if you look as she set at 160 countries around | :12:49. | :12:52. | |
the world who benefited from global trade and who want to keep it, that | :12:53. | :12:57. | |
is a different picture. For those countries economic growth, | :12:58. | :13:00. | |
employment, economic prosperity and their future with the depend on | :13:01. | :13:11. | |
access to balance basically the developed world and developing | :13:12. | :13:14. | |
world. It will be very interesting. One breaking line of news, there is | :13:15. | :13:17. | |
a European summit tomorrow in Brussels talking of course about | :13:18. | :13:22. | |
Brexit and Donald Tusk the Council president has been speaking ahead of | :13:23. | :13:26. | |
that and saying they intend to press on with their draft negotiations on | :13:27. | :13:29. | |
Brexit within 48 hours. Of Theresa May triggering Brexit. He said they | :13:30. | :13:34. | |
will then meet later in April to finalise those terms but it seems to | :13:35. | :13:38. | |
me of course they have spoken about four months, and he said no | :13:39. | :13:42. | |
negotiation until she triggers it but there are clear about what they | :13:43. | :13:46. | |
want to do and we'll get on with that within 48 hours. It looks like | :13:47. | :13:51. | |
this is going to start moving fast with article 50 is triggered. | :13:52. | :13:54. | |
A military hospital in the Afghan capital, Kabul, has been attacked - | :13:55. | :13:57. | |
officials say more than 30 people were killed. | :13:58. | :13:59. | |
Three gunmen entered the compound early on Wednesday while a fourth | :14:00. | :14:01. | |
attacker set off a bomb at the main gate. | :14:02. | :14:04. | |
Afghan security forces brought the siege to an end | :14:05. | :14:06. | |
So-called Islamic State says it carried out the attack. | :14:07. | :14:12. | |
In Guatemala, firefighters say at least 19 people - including | :14:13. | :14:14. | |
children - have died in a fire that ripped through a | :14:15. | :14:17. | |
25 other people were injured in the blaze. | :14:18. | :14:22. | |
It's still unclear how the fire started. | :14:23. | :14:28. | |
But on Tuesday police had to intervene after a riot broke out at | :14:29. | :14:31. | |
the home. The nephew of the North Korean ruler | :14:32. | :14:32. | |
has spoken out for the first time since his father's assassination | :14:33. | :14:36. | |
in Malaysia last month, saying that he is safe | :14:37. | :14:38. | |
in an undisclosed country. My father was killed to days ago and | :14:39. | :14:43. | |
I'm with my mother and sister. Kim Han Sol's father is the half | :14:44. | :14:49. | |
brother of Kim Jong Un. The 21 year old's thought to be | :14:50. | :14:52. | |
in danger if his uncle wishes to target any possible rivals | :14:53. | :14:55. | |
to the North Korean leadership. Still in the region, | :14:56. | :14:58. | |
China is warning of a looming crisis The Chinese foreign minister Wang Yi | :14:59. | :15:01. | |
asked reporters in Beijing if the two countries really | :15:02. | :15:06. | |
are ready for a "head-on collision". Mr Wang is proposing Pyongyang | :15:07. | :15:09. | |
suspend testing of missile and nuclear technology and, | :15:10. | :15:12. | |
in return, the US and South Korea should stop their annual | :15:13. | :15:15. | |
joint military drills - which consistently | :15:16. | :15:18. | |
infuriate the North. There've been violent clashes | :15:19. | :15:25. | |
between police and protesting Riot police fired tear | :15:26. | :15:27. | |
gas at demonstrators, Some of the farmers used wooden | :15:28. | :15:37. | |
sticks and shepherd's crooks to push the authorities back and to smash | :15:38. | :15:44. | |
police vans. The CIA's job is to steal | :15:45. | :15:55. | |
other people's secrets. But the agency seems to find it very | :15:56. | :15:58. | |
difficult to keep its own. Yesterday Wikileaks published over | :15:59. | :16:02. | |
8000 documents which laid bare how the agency is hacking smartphones | :16:03. | :16:06. | |
and digital televisions. And none too surprisingly - | :16:07. | :16:10. | |
a number of the big tech firms whose products have allegedly been | :16:11. | :16:13. | |
compromised by the CIA Apple said it is already addressing | :16:14. | :16:15. | |
some of the vulnerabilities. The knock on effect of course | :16:16. | :16:21. | |
is that hacking will presumably We are joined by Aki Peritz, | :16:22. | :16:24. | |
a former CIA analyst. How damaging is this latest leak? I | :16:25. | :16:44. | |
think it is damaging, it is something that you have the | :16:45. | :16:48. | |
technology and techniques out there but there is also someone providing | :16:49. | :16:53. | |
this information to WikiLeaks. The last of the documents came out of | :16:54. | :16:58. | |
every last year and currently it is an investigation going on at the CIA | :16:59. | :17:02. | |
and also run by the FBI to see if there is a mole in the system | :17:03. | :17:06. | |
providing this information to these outside organisations. Supposing I | :17:07. | :17:11. | |
am one of the American adversaries and this leak comes out, how much | :17:12. | :17:15. | |
intelligence does it give me as I try to prepare my own cyber warfare | :17:16. | :17:19. | |
techniques, does it help me keep ahead of the game? It might, some of | :17:20. | :17:24. | |
what WikiLeaks provided was the fact that if this is all true, the CIA | :17:25. | :17:29. | |
can actually get into certain phones. We had known that people can | :17:30. | :17:33. | |
get into phones and access them now for a while so this lays out some of | :17:34. | :17:38. | |
the techniques they used to do that. But if you have any smartphone the | :17:39. | :17:43. | |
fact that you're collecting data on that device means that you are | :17:44. | :17:51. | |
vulnerable. Remember the CIA on looks at intelligence organisations, | :17:52. | :17:53. | |
so American citizens should not be concerned about this. But foreign | :17:54. | :17:58. | |
adversaries should be concerned. Sean Spicer at the White House is | :17:59. | :18:01. | |
concerned and he has been speaking about WikiLeaks and talking about | :18:02. | :18:07. | |
how damaging it was for the US. The idea that we have these ongoing | :18:08. | :18:12. | |
disclosures of classified information should be something that | :18:13. | :18:16. | |
everyone is outraged that in this country. This is the kind of | :18:17. | :18:18. | |
disclosure that undermines our country, our security and | :18:19. | :18:24. | |
well-being. Sean Spicer speaking there and we should abolish | :18:25. | :18:26. | |
remembered the president himself during the course of the election | :18:27. | :18:31. | |
campaign talked about how much she liked WikiLeaks. But they were | :18:32. | :18:34. | |
tremendous. This is in the eye of the beholder, the American public, | :18:35. | :18:40. | |
if they like what they are leaking, and the like WikiLeaks and if not, | :18:41. | :18:45. | |
they do not. The CIA is trying to protect the American people and | :18:46. | :18:50. | |
American government and our state from foreign adversaries. A lot of | :18:51. | :18:53. | |
them use cell technologies. And we would want intelligence agencies to | :18:54. | :19:00. | |
go and try to grab that information for the United States. It is about | :19:01. | :19:04. | |
securing this country which is more important than Cisco or Apple. | :19:05. | :19:12. | |
Within these documents they talk about a group within the CIA who | :19:13. | :19:17. | |
still the malware, the fingerprints of you will but have been gleaned | :19:18. | :19:19. | |
from foreign hackers. So the theory is the CIA could make a hack look | :19:20. | :19:23. | |
like it had come from another direction. You can see how this will | :19:24. | :19:28. | |
start playing politically because Fox News last night said well maybe | :19:29. | :19:34. | |
it was not the Russians that hacked the Democratic servers, maybe it was | :19:35. | :19:39. | |
the CIA using Russian fingerprints. That is interesting. It is something | :19:40. | :19:42. | |
that could be used for disinformation put out by WikiLeaks | :19:43. | :19:49. | |
and then immediately picked out by Russian organisations and very | :19:50. | :19:55. | |
conservative outlets here in the US. Saying the DNC PAC was not done by | :19:56. | :19:59. | |
the Russians but by the CIA. So it is quite interesting that this thing | :20:00. | :20:03. | |
is put out and is immediately picked up by this ecosystem and pushed out | :20:04. | :20:11. | |
for a very specific narrative. I find that fascinating spot but very | :20:12. | :20:15. | |
seriously, it then begs the question about political meaning of WikiLeaks | :20:16. | :20:18. | |
because we know there was a lot of pressure on Donald Trump at the | :20:19. | :20:22. | |
moment. There are questions about Russian funding behind WikiLeaks. If | :20:23. | :20:26. | |
they're able to start selling the story then you have to question | :20:27. | :20:30. | |
their political leanings. Of course. And remember WikiLeaks is the | :20:31. | :20:35. | |
organisation along with a number of others that the intelligence | :20:36. | :20:38. | |
community here in the US identified as a cutout or go-between between | :20:39. | :20:44. | |
Russian intelligence service putting out negative and derogatory | :20:45. | :20:47. | |
information on Hillary Clinton and her campaign and some of her | :20:48. | :20:51. | |
colleagues. And so I think it is pretty obvious that WikiLeaks is in | :20:52. | :20:58. | |
the assisting business of Moscow and their fellow helpers. The fact that | :20:59. | :21:03. | |
we have, that WikiLeaks has this information that predates much of | :21:04. | :21:07. | |
the election is rather striking because it suggests there's someone | :21:08. | :21:12. | |
in the CIA ecosystem who might be providing this to this organisation. | :21:13. | :21:15. | |
That is something the FBI really needs to follow what one. Thank you | :21:16. | :21:21. | |
very much. And the Russian thing refuses to go away. The house | :21:22. | :21:24. | |
intelligence committee saying it will look at the investigation and | :21:25. | :21:28. | |
have public hearings on the 20th. The Republican chair of that | :21:29. | :21:32. | |
committee, David Nunes, was asked about wiretap allegations that | :21:33. | :21:36. | |
Donald Trump made against Barack Obama at the weekend. This was his | :21:37. | :21:37. | |
response. The president is a neophyte | :21:38. | :21:38. | |
to politics, he's been doing this a little over a year and I think | :21:39. | :21:41. | |
a lot of the things that he says, you guys sometimes take literally, | :21:42. | :21:45. | |
sometimes he doesn't have 27 lawyers and staff looking at what he does, | :21:46. | :21:48. | |
which is I think at times refreshing and at times can also lead us | :21:49. | :21:54. | |
to have to be sitting at a press conference like this answering | :21:55. | :21:57. | |
questions that you guys are asking. It is remarkable. It is like we're | :21:58. | :22:17. | |
in two different fact universes. You should not take literally what the | :22:18. | :22:23. | |
president says, seriously? Maybe a staff should just take his Twitter | :22:24. | :22:27. | |
machine away from him. Let's move on. Tens of thousands of Indians | :22:28. | :22:35. | |
work in the US on short-term visas but the president has warned he is | :22:36. | :22:38. | |
considering restricting them. Justin Rowlatt has been finding out what | :22:39. | :22:42. | |
the software industry makes of that proposal in India. | :22:43. | :22:47. | |
She graduated from a top US university. | :22:48. | :22:49. | |
She's worked as a software engineer for Microsoft and Facebook. | :22:50. | :22:52. | |
But Ridi Mattel isn't sure she would be welcome | :22:53. | :22:54. | |
I cannot believe engineers like me are being pushed | :22:55. | :22:59. | |
President Trump has made no bones about his intentions. | :23:00. | :23:10. | |
And the fear is that will affect India's dream | :23:11. | :23:34. | |
There has been talk of cutting back the 150,000 temporary work visas | :23:35. | :23:38. | |
the US issues to professionals like computer | :23:39. | :23:39. | |
India is overwhelmingly the biggest beneficiary of those visas, | :23:40. | :23:46. | |
it gets 70% of the total, a key reason why the Indian | :23:47. | :23:49. | |
IT sector is now worth $150 billion a year. | :23:50. | :23:57. | |
That is almost 10% of India's entire GDP. | :23:58. | :24:18. | |
Her Bangalore -based online finance business is thriving. | :24:19. | :24:26. | |
She thinks fewer US visas will be good for her and good for India. | :24:27. | :24:32. | |
Now I could not be happier, we are developing. | :24:33. | :24:35. | |
We are going to grow exponentially over the next decade. | :24:36. | :24:40. | |
It is just a confluence of macro factors and trends | :24:41. | :24:43. | |
which is going to be wonderful, for sure. | :24:44. | :24:45. | |
The Indian government's small business and tech champion | :24:46. | :24:58. | |
acknowledges there will be costs in India if visas are restricted | :24:59. | :25:00. | |
but also believes India's IT sector is strong enough | :25:01. | :25:02. | |
India is growing at 7.6% per annum, it is an oasis | :25:03. | :25:06. | |
of growth in the midst of a barren economic landscape. | :25:07. | :25:12. | |
But when these people come here, India will probably start | :25:13. | :25:14. | |
So no issue, we welcome people, but the loser will be | :25:15. | :25:20. | |
India increasingly offers all the amenities of | :25:21. | :25:30. | |
That makes it more likely that a visa clamp-down will backfire. | :25:31. | :25:39. | |
Indian IT professionals who return are more likely to stay, | :25:40. | :25:42. | |
and to develop businesses that will compete with US companies. | :25:43. | :25:44. | |
You're watching 100 Days from BBC News. | :25:45. | :26:03. | |
Stay with us for more including my thoughts on International Women's | :26:04. | :26:06. | |
Day. Springlike weather will be found | :26:07. | :26:17. | |
more widely across the UK tomorrow. Today was Northern Ireland and North | :26:18. | :26:22. | |
East England that enjoyed the sunshine. But the UK was topped and | :26:23. | :26:27. | |
tailed by cloud and still will be overnight. Cloud across southern | :26:28. | :26:31. | |
England, south Wales producing some patchy rain and drizzle and some | :26:32. | :26:37. | |
hill fog. Quite windy with showers across Scotland, some snow to the | :26:38. | :26:43. | |
top of the hills. Not much frost around. Moving on Thursday morning, | :26:44. | :26:53. | |
a brighter day in South Wales and southern England but still for the | :26:54. | :26:58. | |
far south-west, parts of Cornwall going to get some further outbreaks | :26:59. | :27:03. | |
of rain. A bit of a misty start across South Wales, the south of | :27:04. | :27:07. | |
England but elsewhere some decent sunny weather to begin the day. And | :27:08. | :27:14. | |
across Scotland still some showers around but these begin to fade and | :27:15. | :27:17. | |
into the afternoon we just have a scattering of showers left. Still | :27:18. | :27:24. | |
some outbreaks of rain at times into Cornwall, some more clout into | :27:25. | :27:30. | |
southern coastal counties of England and South Wales but elsewhere some | :27:31. | :27:33. | |
lovely sunshine coming through. Temperature is widely in double | :27:34. | :27:37. | |
figures and feeling pleasant. Up to 16 degrees in some places. But the | :27:38. | :27:43. | |
eastern of the UK going through Thursday night, they could be some | :27:44. | :27:47. | |
frost around. Mild night in the West with cloud and outbreaks of rain. | :27:48. | :27:51. | |
What a contrast as Friday begins. It will be the cloud and rain winning | :27:52. | :27:56. | |
out on Friday pushing north. On Friday things look very different | :27:57. | :27:59. | |
with plenty of cloud around but feeling similar because it will | :28:00. | :28:04. | |
still be mild. It is more unsettled at the weekend, we bring these | :28:05. | :28:07. | |
weather fronts across the UK but there are gaps in between. And if | :28:08. | :28:13. | |
you are in these gaps it will be brighter for a time. The weekend | :28:14. | :28:16. | |
starts mild but we change wind direction, and what that does is to | :28:17. | :28:22. | |
bring temperatures down a couple of degrees by Sunday, not much it has | :28:23. | :28:28. | |
to be said. So occasional sunshine, occasional rain and just feeling a | :28:29. | :28:30. | |
little bit cooler by Sunday. As the world prepares for Brexit, | :28:31. | :30:09. | |
the British Government upgrades Coming up: the President declares | :30:10. | :30:19. | |
his tremendous respect for women, and the First Lady hosts a lunch | :30:20. | :30:24. | |
at the White House for How equal, though, | :30:25. | :30:27. | |
are women in the US? One of the biggest applause lines | :30:28. | :30:43. | |
at Donald Trump's election rallies was his promise to repeal | :30:44. | :30:46. | |
and replace Obamacare on day one. We are now Day 49 and President | :30:47. | :30:50. | |
Trump has run into the complicated reality of delivering | :30:51. | :30:57. | |
on that promise. The White House is mounting a full | :30:58. | :30:59. | |
court press to try to get the new Republican plan passed, | :31:00. | :31:02. | |
and there is the real prospect A short time ago the, | :31:03. | :31:05. | |
Republican Speaker, Paul Ryan, stepped up to defend the bill | :31:06. | :31:08. | |
at a news conference. We are working hand in glove | :31:09. | :31:11. | |
with President Trump, Vice-President This is all hands on deck, | :31:12. | :31:13. | |
because you know what, we all ran on repealing | :31:14. | :31:18. | |
and replacing Obamacare. We know that if we just repealed it, | :31:19. | :31:20. | |
the system collapses. This is why we have | :31:21. | :31:27. | |
to pass it with something Look, I would just say this: | :31:28. | :31:29. | |
Look at what this does. With me now is the Republican | :31:30. | :31:34. | |
strategist Ron Christie, Nick Bryant is with me. That is not | :31:35. | :31:49. | |
how conservatives feel about it? Many within his own caucus, the | :31:50. | :31:55. | |
Republican party, especially on the Outside on Capitol Hill, don't think | :31:56. | :31:58. | |
it is conservative, exciting or monumental. They wanted to go | :31:59. | :32:04. | |
further and they are calling this Obamacare Light and Obamacare 2.0. | :32:05. | :32:11. | |
In the Senate, they have a different problem. It is moderate Republicans | :32:12. | :32:18. | |
who oppose this. They think it goes too far on the health coverage that | :32:19. | :32:22. | |
is given to poor people, and they are worried that it will remove some | :32:23. | :32:26. | |
of the 20 million people that got health care under Obamacare. So you | :32:27. | :32:30. | |
have Republicans thinking it is too conservative, others thinking it is | :32:31. | :32:34. | |
too liberal - will the White House get this through and does it want to | :32:35. | :32:38. | |
get it through? There are two lines of thought at the moment. This is a | :32:39. | :32:42. | |
negotiating position, they put it out and it is subject to | :32:43. | :32:48. | |
negotiation, and they will add some Conservative sweeteners to get the | :32:49. | :32:53. | |
freedom caucus, as it's called, the 30% of lawmakers who are opposed to | :32:54. | :33:00. | |
this. But there are others who think this is what President Trump wants | :33:01. | :33:03. | |
to see past, so live with it. You have all were already -- you have | :33:04. | :33:09. | |
already seen President Trump using his Twitter feed. There was a | :33:10. | :33:14. | |
Kentucky senator who has been a critic on twitter. If President | :33:15. | :33:20. | |
Trump will use Twitter to attack people who oppose this law, he will | :33:21. | :33:28. | |
be spending a lot of time on it. I am wondering about this. You can | :33:29. | :33:31. | |
tell me if I'm wrong, but is it that there has been a fundamental shift? | :33:32. | :33:39. | |
Obama shifted the paradigms. Is it now generally accepted in the United | :33:40. | :33:41. | |
fundamental right, and entitlement, fundamental right, and entitlement, | :33:42. | :33:48. | |
and is that the problem is? It is hard to take and entitlement away | :33:49. | :33:49. | |
when you have given it in the first when you have given it in the first | :33:50. | :33:54. | |
place, and that is a huge problem. There are 20 million uninsured | :33:55. | :33:57. | |
people who got coverage under Obamacare. Who were they? A lot of | :33:58. | :34:01. | |
working-class people who voted for Trump. They were annoyed with the | :34:02. | :34:05. | |
spiralling premiums, these increases in their monthly health bills, but | :34:06. | :34:10. | |
the modelling that has been done on these new proposals suggests that | :34:11. | :34:12. | |
they'll be hit with even bigger rises under this new proposal, so it | :34:13. | :34:15. | |
is politically hazardous for the Trump | :34:16. | :34:28. | |
administration. Nick, thank you very much. It is | :34:29. | :34:31. | |
worth saying that this is the big deal for President Trump in his | :34:32. | :34:33. | |
first year in office. He really wants to get something done on this | :34:34. | :34:36. | |
this year. And his first step into legislation - the real star. | :34:37. | :34:38. | |
The White House is calling round all the local radio stations. | :34:39. | :34:43. | |
Republicans are calling in to get Republicans are calling in to get | :34:44. | :34:47. | |
people on board, get constituents, can you don't like this, on board as | :34:48. | :34:50. | |
well. The First Lady, Melania Trump, | :34:51. | :34:55. | |
has just hosted a lunch to mark International Women's Day | :34:56. | :34:58. | |
at the White House. Her husband also greeted | :34:59. | :35:00. | |
the day with a tweet declaring his tremendous respect | :35:01. | :35:02. | |
for women, and another honouring Which might raise an eyebrow or two | :35:03. | :35:04. | |
among those of us who watched that The President aside, | :35:05. | :35:11. | |
it is pretty clear American women haven't made the progress | :35:12. | :35:15. | |
they might have anticipated. Hillary Clinton recently declared | :35:16. | :35:23. | |
that the future is female, but as she knows better | :35:24. | :35:25. | |
than anyone, the present political landscape | :35:26. | :35:27. | |
is a For the time being, it's | :35:28. | :35:28. | |
a man's world when it comes to being boss, | :35:29. | :35:32. | |
and not just in the US. Over 130 countries have yet | :35:33. | :35:46. | |
to elect or appoint a woman The Congressional picture is only | :35:47. | :35:49. | |
slightly more encouraging. Women have helped national office | :35:50. | :35:52. | |
here for over a century since Jeannette Rankin was elected | :35:53. | :35:55. | |
by the state of Montana in 1916. Today, 21 women are in | :35:56. | :35:57. | |
the Senate, and 83 are It's not great, but it's better | :35:58. | :36:00. | |
than the paltry 11 women who were And that's the story | :36:01. | :36:04. | |
of women's progress. We have made advances, | :36:05. | :36:07. | |
just not as big as we'd have liked Take the world of business - | :36:08. | :36:10. | |
29 companies in the S 500 now have female | :36:11. | :36:18. | |
chief executives. That's a third more than eight years | :36:19. | :36:20. | |
ago, and it is better than Europe, but it's still only | :36:21. | :36:23. | |
a pitiful 5.8% of the total. American businesses | :36:24. | :36:27. | |
are lagging many other countries, places you might not | :36:28. | :36:37. | |
expect, like Russia, Indonesia, Latvia and the Philippines, | :36:38. | :36:39. | |
where women hold over 40% | :36:40. | :36:41. | |
of senior level positions. The statistics might well depress | :36:42. | :36:42. | |
someone like Anna Bissell. She was America's first | :36:43. | :36:45. | |
CEO, and she blazed a trail taking charge | :36:46. | :36:47. | |
of her family's carpet sweeper | :36:48. | :36:50. | |
company way back in 1889. I suspect Anna would have thought | :36:51. | :36:51. | |
the glass ceiling would not just have been cracked | :36:52. | :36:57. | |
but completely smashed by now. We're not there yet, | :36:58. | :37:00. | |
and in her memory, we will all keep working | :37:01. | :37:02. | |
to make it happen soon. Well, gender equality is firmly | :37:03. | :37:07. | |
on the mind of Christine Lagarde. Here's more of our interview | :37:08. | :37:11. | |
with the International Wouldn't it be nice | :37:12. | :37:13. | |
if we got to the stage International Women's Day any more | :37:14. | :37:16. | |
than we might need an It would be terrific, but I don't | :37:17. | :37:29. | |
think that day is about to You think we are still a way | :37:30. | :37:33. | |
off's I think we are still a way off, and I think | :37:34. | :37:37. | |
that we will probably be for ever a way off, | :37:38. | :37:40. | |
because there is something that is sort of endemic, and part of our | :37:41. | :37:43. | |
cultural heritage about being either discriminated against, excluded, | :37:44. | :37:46. | |
downgraded, undermined, and I think having an international | :37:47. | :37:47. | |
day to actually challenge that is something | :37:48. | :37:49. | |
that we must keep, because these discriminations, these | :37:50. | :37:51. | |
practices of undermining, Are these practices endemic | :37:52. | :37:53. | |
in women and how they see themselves, or are they endemic | :37:54. | :38:01. | |
in men and how men see women? I think they tend | :38:02. | :38:04. | |
to be endemic in both We tend to internalise | :38:05. | :38:06. | |
a lot, too much, those characteristics, and I believe that | :38:07. | :38:09. | |
men are afraid of women having too A lot of men might say, why should I | :38:10. | :38:26. | |
share my jobs with women? If there are more jobs and growth in general, | :38:27. | :38:31. | |
if there is better development, more education, everybody will benefit, | :38:32. | :38:38. | |
not just women. And for our findings are clear about is that bringing | :38:39. | :38:43. | |
women to the table will actually generate more growth, will create | :38:44. | :38:48. | |
more jobs, will improve the development of countries that need | :38:49. | :38:53. | |
it, and at the micro level, it will actually bring more to the bottom | :38:54. | :39:00. | |
line in companies, so it is just an economic no-brainer, as many have | :39:01. | :39:03. | |
said before, but we need to repeat it and repeat it and rehash it all | :39:04. | :39:08. | |
the time so that people understand that it benefits all, not just | :39:09. | :39:14. | |
women. Your report for International Women's Day talks about women's | :39:15. | :39:18. | |
talent being underappreciated and underused - is it frustrating that | :39:19. | :39:21. | |
we are still in this position? I think it is worse than that. It is | :39:22. | :39:27. | |
underappreciated, underused and at the same time, exploited. If you | :39:28. | :39:33. | |
look at low-income countries, who goes out and walks miles for water? | :39:34. | :39:40. | |
Girls. Who misses school was my girls. However frustrated we are, we | :39:41. | :39:48. | |
have to just keep at it. The leader of the biggest economy in the world | :39:49. | :39:53. | |
has famously been abusive towards women. How much does that tone from | :39:54. | :39:59. | |
the top of the US economy change the equation for women? I think what is | :40:00. | :40:02. | |
important now is not to look at what happened in the past but to hold all | :40:03. | :40:09. | |
leaders accountable. I have heard people say, I am not a -- I am a | :40:10. | :40:17. | |
feminist and not demonstrate that they respect women. I am keen to see | :40:18. | :40:21. | |
what is being done, what is being implemented, what measures will be | :40:22. | :40:26. | |
delivered, and if President Trump puts in place at the federal level | :40:27. | :40:33. | |
parental leave that will allow American women to continue their job | :40:34. | :40:40. | |
without worrying about maternity, I will say bravo. He has talked about | :40:41. | :40:45. | |
doing exactly that in his address to Congress. As I said, talking is one | :40:46. | :40:49. | |
thing. Walking the talk is going to be decisive. | :40:50. | :40:53. | |
Really interesting to hear from Christine Lagarde. | :40:54. | :40:58. | |
China has given President Trump the chance to expand his brand, | :40:59. | :41:00. | |
after approving dozens of applications to register | :41:01. | :41:02. | |
What do you know about that? Many requests were made during the | :41:03. | :41:14. | |
election campaign. Donald Trump already owns about 70 | :41:15. | :41:18. | |
trademarks in China. The question this raises, and which | :41:19. | :41:29. | |
hasn't been fully addressed and unravelled in the United States, is | :41:30. | :41:32. | |
the tricky question of conflict-of-interest? That this | :41:33. | :41:34. | |
president have a conflict of interest? | :41:35. | :41:38. | |
which was in the headlines. I should which was in the headlines. I should | :41:39. | :41:43. | |
bring some clarification. I knew you would bring that up! A grabbed my | :41:44. | :41:51. | |
attention that the president wanted to brand escorts in China. It is | :41:52. | :41:56. | |
about protecting your trademark, which is why it is there. If you see | :41:57. | :42:01. | |
the headlines tomorrow, you will know why. Take a look at this. This | :42:02. | :42:12. | |
is a man who was stopped by the police. It is pictures from the | :42:13. | :42:20. | |
dashboard camera of a patrol camera in Arkansas. He was stopped for a | :42:21. | :42:24. | |
faulty tail light, and this is what followed. He juggled to prove that | :42:25. | :42:29. | |
he wasn't drunk. I don't actually know what happened, whether he was | :42:30. | :42:32. | |
allowed to get back in the car and go one. They used to make you walk | :42:33. | :42:36. | |
the white line, didn't they? That is another way to go about it! | :42:37. | :42:41. | |
Certainly more entertaining for the officers. And if you can get all the | :42:42. | :42:48. | |
balls in the air, you would get let off. Juggling for you. That is 100 | :42:49. | :42:55. | |
Days. Share your thoughts with us using the hashtag. | :42:56. | :42:58. | |
For now - from Katty Kay in Washington, and me | :42:59. | :43:02. | |
Christian Fraser in London - goodbye. | :43:03. | :43:05. |