08/03/2017 100 Days


08/03/2017

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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.

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Growth forecasts are up - borrowing is down -

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As we start negotiations to exit the European

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Union, this budget takes forward our plan prepare Britain

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UK growth is expected to slow slightly next year but so far

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the economy has defied the forecasts of most economists -

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You don't think the IMF did get it wrong in this case?

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Also, after the CIA's cyber warfare secrets are revealed,

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we ask who are Wikileaks and what do they really want.

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How India's silicon valley hopes to benefit from

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And it is International Women's Day - the 115th

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celebration of its kind - we've come along way since 1911,

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Ten months ago, Britain stood on the edge of the precipice.

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A vote for Brexit - said the government -

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The hit to the UK economy would be so great, there would be

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spending cuts and tax rises, almost immediately.

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Well, what a difference ten months on.

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As the country prepares to start the Brexit process, Phillip Hammond,

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today's Chancellor of the Exchequer, was sounding a very different tone.

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I report today on an economy that has continued to confound

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A labour market delivering record employment and a deficit down by

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As we start negotiations to exit the European

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Union, this budget takes forward our plan to prepare Britain

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And the reason for this cautious optimism is the growth rate

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for the UK economy - for 2017 it has been revised

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upwards from 1.4 to 2%, while employment is forecast to grow

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Far from the immediate recession predicted

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by Remain campaigners - and Mr Hammond was one of them -

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Reflecting the recent strength in the economy,

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the OBR has upgraded its forecast for growth next

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And Mr Deputy Speaker, I don't see too many

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people on the opposition front bench doing this.

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In 2018-2019, growth is forecast to slow to 1.6%, before

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picking up to 1.7%, then 1.9%, returning to 2% in 2021.

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Here in the UK the spotlight is fixed on the new taxes Mr Hammond

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But generally speaking, the outlook is more positive

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than many had expected, despite those slightly lower

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forecasts for growth in the years in which the UK will be

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Which is surely some embarrassment to the IMF.

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They predicted a recession soon after a leave vote.

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I spoke to the Managing Director of the IMF,

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Christine Lagarde, yesterday - here's what she had

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The IMF had been negative, pessimistic about the prospects

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for the British economy post if Brexit were to take place.

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Actually, it hasn't panned out like that, so far at least.

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Are you revising your forecasts on the British

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We did revise in January, as we published the update

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And we will be very attentive to the industrial activity results,

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to service activity results, to the way the sterling is behaving

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If we get something wrong, we are the first ones to admit.

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You don't think the IMF did get it wrong in this case?

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With me now is Anand Menon, professor of European

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politics and foreign affairs at King's College London

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who specialises in issues surrounding Brexit.

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The remainders will course say we have not left yet. No doubt some

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Remainer is got it wrong. Some people said as soon as we leave

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George Osborne said we would need an emergency budget within weeks. But

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there is a longer term prediction about what happens when we beat the

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single market and Customs union and for that we have to wait until

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believe. I know you have been around Europe talking to others about

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Brexit, how will other countries view what is happening, do they look

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at it with some concern? No, I do not think it is the case that other

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European states want us to suffer but in terms of whether it looks as

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if we are benefiting from leaving, I think they will be calm because we

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had not left yet. They will wait and see when we leave the single market

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or customs union. At what point do you think we will whether those

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forecasts put forward of lower growth and high unemployment, when

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will be get a sense of that? I think the real impact if there is one will

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be felt once we can no longer trade within the single market or customs

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union. Some economists are now predicting that we will see a

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falloff in investment as companies perhaps decide to relocate or invest

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less in this country because we are outside the single market. That is

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very much the order of prediction we have seen wrong already. It is worth

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picking up on an interesting thing from the budget, the OBR document.

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It bases predictions on growth, levels of migration that are far

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greater than the target the government has. If you think one of

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the reasons to support Brexit was to get the number down, these

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predictions are based on numbers that are significantly higher. Thank

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you. I keep hearing in the United States, you might not think people

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are aware of the UK growth forecast here, but I heard some people who

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are pro Trump saying all those experts who said the UK would go

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down the tubes economically after a leave vote, they were wrong. The

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experts were wrong and they will be wrong about Donald Trump as well. It

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strikes me how many people are raising that as an issue.

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A lot of people in the UK will think back to what Michael Gove, one of

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the chief architects of Brexit said at the time, we have had enough of

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experts. What was interesting about this speech today, which was half

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the size of the speech last year, there was no mention of Brexit. Once

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or twice he spoke of leaving the EU but of course the broad canvas is

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Brexit. He did not make many references as to what would happen

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next. The reason for that of course is the experts got it wrong. If you

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forecasts now probably more predictable than at any time in

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living memory because people just do not know what is in store over the

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course of the next four years. So I suppose once burned, twice shy. We

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will keep watching. As the world watches what Brexit

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will mean for the UK's economy, there are also questions

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about what the Trump administration's economic

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impact will be in the US. Since he's taken office,

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the stock market has made steady gains -

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but what's the long It's a topic I also discussed

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with IMF chief Christine Lagarde. You have been reasonably

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positive on the US economy He also talked about slashing US

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taxes, a $1 trillion What we have done is revised

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the US outlook for growth. From 1.6 in 2016, we forecast 2.3

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and then 2.5 in 2017-2018. There is a lot of positive news that

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has already been priced in, And clearly that would lead

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to an upside in terms If that was not to happen, in other

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words if there was no tax reform, no support of significant

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infrastructure, range of projects, if there was no fiscal spending,

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that would lead us to have But at the moment what we see

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is positive anticipations Are you concerned about trade

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policies from this administration because he has after all already

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taken the US out of the TPP and made it clear he wants to look

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at Nafta and revise that. What would worry me would be

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if leaders were not focused on securing the benefits

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of international trade. But at the same time making sure

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that those who have been left to the side of international trade,

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were not looked after. And if those who will be affected

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by technology breakthroughs, by robotisation, by their jobs

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being removed from the supply chains, were not looked

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after and not prepared to adjust Because they have been people left

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to the sides but there will be more, irrespective of international

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trade or not. Simply because technology will bring

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about those changes. So my clear priority

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and focus in two weeks' time Focus on helping people

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prepare for the changes. And look after those

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who have been affected. You are describing a world

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in which we had Brexit and we had Donald Trump elected,

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and the story that you And Chinese new plans

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coming into effect soon. We cannot focus the entire

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world around UK and US. But that story of trade and how some

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people have been left behind by the march of globalisation,

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is what has led us to populist In those two countries

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and to the prospect of more You can understand why

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voters in those countries They feel we did not get

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a good deal out of this. I have to look at the entire

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population and that is While you have I would say probably

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about 20 countries that are very concerned about these issues

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and where the media talks I have about 160 other countries

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that are very keen to see international trade,

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that want globalisation and that have benefited vastly from standard

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of living, If you just look at the advanced

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economies, the average Is it to say that everyone

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has benefited, no. What has not been done

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by policymakers and everyone is at fault, us included,

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is we have not focused on those who have lost out of globalisation

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in those advanced economies. Did you find relatively upbeat about

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one Donald Trump are setting out? She was positive about growth in the

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United States and the UK as well for that clearly she must be careful not

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to be political specifically on the Trump administration and domestic

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American politics. But the point she made was interesting, but there are

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countries where we are seeing Populist governments coming in and

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populist movement is doing well and in those countries there is a desire

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for protectionism. But if you look as she set at 160 countries around

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the world who benefited from global trade and who want to keep it, that

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is a different picture. For those countries economic growth,

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employment, economic prosperity and their future with the depend on

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access to balance basically the developed world and developing

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world. It will be very interesting. One breaking line of news, there is

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a European summit tomorrow in Brussels talking of course about

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Brexit and Donald Tusk the Council president has been speaking ahead of

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that and saying they intend to press on with their draft negotiations on

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Brexit within 48 hours. Of Theresa May triggering Brexit. He said they

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will then meet later in April to finalise those terms but it seems to

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me of course they have spoken about four months, and he said no

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negotiation until she triggers it but there are clear about what they

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want to do and we'll get on with that within 48 hours. It looks like

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this is going to start moving fast with article 50 is triggered.

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A military hospital in the Afghan capital, Kabul, has been attacked -

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officials say more than 30 people were killed.

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Three gunmen entered the compound early on Wednesday while a fourth

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attacker set off a bomb at the main gate.

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Afghan security forces brought the siege to an end

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So-called Islamic State says it carried out the attack.

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In Guatemala, firefighters say at least 19 people - including

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children - have died in a fire that ripped through a

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25 other people were injured in the blaze.

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It's still unclear how the fire started.

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But on Tuesday police had to intervene after a riot broke out at

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the home. The nephew of the North Korean ruler

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has spoken out for the first time since his father's assassination

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in Malaysia last month, saying that he is safe

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in an undisclosed country. My father was killed to days ago and

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I'm with my mother and sister. Kim Han Sol's father is the half

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brother of Kim Jong Un. The 21 year old's thought to be

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in danger if his uncle wishes to target any possible rivals

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to the North Korean leadership. Still in the region,

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China is warning of a looming crisis The Chinese foreign minister Wang Yi

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asked reporters in Beijing if the two countries really

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are ready for a "head-on collision". Mr Wang is proposing Pyongyang

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suspend testing of missile and nuclear technology and,

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in return, the US and South Korea should stop their annual

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joint military drills - which consistently

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infuriate the North. There've been violent clashes

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between police and protesting Riot police fired tear

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gas at demonstrators, Some of the farmers used wooden

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sticks and shepherd's crooks to push the authorities back and to smash

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police vans. The CIA's job is to steal

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other people's secrets. But the agency seems to find it very

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difficult to keep its own. Yesterday Wikileaks published over

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8000 documents which laid bare how the agency is hacking smartphones

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and digital televisions. And none too surprisingly -

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a number of the big tech firms whose products have allegedly been

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compromised by the CIA Apple said it is already addressing

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some of the vulnerabilities. The knock on effect of course

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is that hacking will presumably We are joined by Aki Peritz,

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a former CIA analyst. How damaging is this latest leak? I

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think it is damaging, it is something that you have the

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technology and techniques out there but there is also someone providing

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this information to WikiLeaks. The last of the documents came out of

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every last year and currently it is an investigation going on at the CIA

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and also run by the FBI to see if there is a mole in the system

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providing this information to these outside organisations. Supposing I

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am one of the American adversaries and this leak comes out, how much

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intelligence does it give me as I try to prepare my own cyber warfare

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techniques, does it help me keep ahead of the game? It might, some of

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what WikiLeaks provided was the fact that if this is all true, the CIA

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can actually get into certain phones. We had known that people can

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get into phones and access them now for a while so this lays out some of

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the techniques they used to do that. But if you have any smartphone the

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fact that you're collecting data on that device means that you are

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vulnerable. Remember the CIA on looks at intelligence organisations,

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so American citizens should not be concerned about this. But foreign

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adversaries should be concerned. Sean Spicer at the White House is

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concerned and he has been speaking about WikiLeaks and talking about

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how damaging it was for the US. The idea that we have these ongoing

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disclosures of classified information should be something that

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everyone is outraged that in this country. This is the kind of

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disclosure that undermines our country, our security and

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well-being. Sean Spicer speaking there and we should abolish

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remembered the president himself during the course of the election

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campaign talked about how much she liked WikiLeaks. But they were

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tremendous. This is in the eye of the beholder, the American public,

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if they like what they are leaking, and the like WikiLeaks and if not,

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they do not. The CIA is trying to protect the American people and

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American government and our state from foreign adversaries. A lot of

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them use cell technologies. And we would want intelligence agencies to

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go and try to grab that information for the United States. It is about

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securing this country which is more important than Cisco or Apple.

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Within these documents they talk about a group within the CIA who

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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

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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

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the CIA using Russian fingerprints. That is interesting. It is something

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that could be used for disinformation put out by WikiLeaks

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and then immediately picked out by Russian organisations and very

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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

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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

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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

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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

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work in the US on short-term visas but the president has warned he is

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considering restricting them. Justin Rowlatt has been finding out what

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the software industry makes of that proposal in India.

:22:43.:22:47.

She graduated from a top US university.

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She's worked as a software engineer for Microsoft and Facebook.

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But Ridi Mattel isn't sure she would be welcome

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I cannot believe engineers like me are being pushed

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President Trump has made no bones about his intentions.

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And the fear is that will affect India's dream

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There has been talk of cutting back the 150,000 temporary work visas

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the US issues to professionals like computer

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India is overwhelmingly the biggest beneficiary of those visas,

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it gets 70% of the total, a key reason why the Indian

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IT sector is now worth $150 billion a year.

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That is almost 10% of India's entire GDP.

:23:58.:24:18.

Her Bangalore -based online finance business is thriving.

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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

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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

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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

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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.

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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.

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