15/03/2017

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:00:11. > :00:13.Hello and welcome to One Hundred Days.

:00:14. > :00:16.The biggest cyber attack in history and America says the Russian

:00:17. > :00:20.The Department of Justice charges two FSB agents,

:00:21. > :00:23.who worked with criminal hackers, to steal details of 500

:00:24. > :00:32.Hackers stole names, email addresses and passwords

:00:33. > :00:34.from Yahoo in the latest cyber-attack that US agencies

:00:35. > :00:52.This indictment details how Russian officers conspired and carried out

:00:53. > :01:01.one of the largest cyber intrusions in US history.

:01:02. > :01:05.The Republican Chair of the House intelligence committee says he does

:01:06. > :01:07.not believe President Trump's claims that his phones were tapped.

:01:08. > :01:10.As the US economy continues to grow, the Federal Reserve raises rates

:01:11. > :01:14.Also, the polls are soon to close in the Netherlands.

:01:15. > :01:17.Trying to see off the challenge of far right leader Geert Wilders,

:01:18. > :01:20.the Dutch Prime Minister urges voters to defeat what he calls

:01:21. > :01:25.The British Government is forced to reverse a planned tax hike

:01:26. > :01:29.And a BBC investigation into the European lorry

:01:30. > :01:34.drivers who move goods for IKEA among others.

:01:35. > :01:51.So poor they live in their cabs for weeks on end.

:01:52. > :01:53.I'm Katty Kay in Washington. Christian Fraser is in London.

:01:54. > :01:56.Two Russian intelligence agents are being hunted by the FBI

:01:57. > :01:58.for their part in the biggest cyber attack in history.

:01:59. > :02:01.In 2014, the details of 500 million Yahoo accounts were stolen,

:02:02. > :02:03.including the details of US Government officials.

:02:04. > :02:05.The FBI says the Russian agents were paying and protecting

:02:06. > :02:22.One of the hackers was arrested last week in Canada.

:02:23. > :02:24.The agents, seen here, worked for a unit, within the FSB,

:02:25. > :02:27.that was supposed to be a point of contact for law enforcement,

:02:28. > :02:30.The acting assistant attorney general is Mary McCord.

:02:31. > :02:33.The defendants include two officers of the Russian Federal Security

:02:34. > :02:34.service and intelligence and law enforcement agency of

:02:35. > :02:39.the Russian Federation, and two criminal hackers

:02:40. > :02:41.with whom they conspired to accomplish these intrusions.

:02:42. > :02:46.Dmitry Dokuchayev and Igor Sushchin, both FSB officers, protected,

:02:47. > :02:55.directed, facilitated and paid criminal hackers to collect

:02:56. > :02:57.information through computer intrusions in the United States

:02:58. > :03:04.They worked with co-conspirators Alexsey Balan and Karim Baratov

:03:05. > :03:06.to hack into the computers of American companies

:03:07. > :03:11.providing e-mail and Internet related services.

:03:12. > :03:15.This indictment details how Russian Federal Security Service

:03:16. > :03:18.officers working together with criminal hackers conspired

:03:19. > :03:21.to plan and carry out one of the largest cyber intrusions

:03:22. > :03:30.Well let's speak to Matthew Rojansky, an expert on American

:03:31. > :03:32.relations with Russia at the Woodrow Wilson Center

:03:33. > :03:42.The FBI has suspected this for a long time that the Russian

:03:43. > :03:50.Government is working with private cyber hackers but this is a first

:03:51. > :03:58.time we'd seen evidence emerge? I don't think it's the first time.

:03:59. > :04:02.It's not the first time that governments will have mixed with

:04:03. > :04:12.hackers for hire. It's a first that the US is taking action, against the

:04:13. > :04:15.Russian intelligence law enforcement officers who are counterparts at the

:04:16. > :04:23.FBI who are alleged to have been running this, and it's fascinating

:04:24. > :04:29.because one of the two officers was already arrested by the Russians

:04:30. > :04:35.themselves in January, accused of being a double agent working for the

:04:36. > :04:42.United States or something else, then released for his protection

:04:43. > :04:49.because he was cooperating, and now it has the US levelling the charge

:04:50. > :04:55.at him and it looks like it going to blow up in someone's base. What are

:04:56. > :05:01.the ramifications going to be in terms of US and Russian relations at

:05:02. > :05:05.a time when Russia is under investigation for hacking into the

:05:06. > :05:18.US election last June? This is why this is so important, fascinating

:05:19. > :05:21.and frankly tragic to watch. This underscores just how badly this

:05:22. > :05:26.relationship is damaged at this point. This will officers who were

:05:27. > :05:34.supposed to become or deleting nationally with one another, just a

:05:35. > :05:37.few years ago as part of the bilateral president commission,

:05:38. > :05:42.these guys are now literally charging one another with espionage

:05:43. > :05:47.and going after each other. The second problem, maybe it will end up

:05:48. > :05:56.being an independent investigation, but the panic and the fear in

:05:57. > :06:02.Russian meddling in United States politics, now the US justice

:06:03. > :06:08.department and courts, is substituting for US foreign policy

:06:09. > :06:12.on Russia, because what is not happening, is a formal policy

:06:13. > :06:19.position on Russia. Real negotiations with them, managing our

:06:20. > :06:25.security and mutual relationship with them. Our Congressional

:06:26. > :06:32.proceedings, this investigation, the public bus in the media, these are

:06:33. > :06:37.now substituting with an actual policy for Russia. The problem is

:06:38. > :06:42.going to be that anyone who wanted to develop a Russia policy in

:06:43. > :06:46.Congress would think twice, because at the moment, Russia is seen as

:06:47. > :06:56.hugely toxic and that is part of the problem, isn't it? I think Matthew

:06:57. > :07:04.isn't hearing Christian so let me put that point to you. Who would put

:07:05. > :07:11.forward such a policy when Russia itself is scene so toxic? I'm afraid

:07:12. > :07:17.I think we lost Matthew there. But that was fascinating, the idea that

:07:18. > :07:22.there is no rush up policy and effectively only investigations into

:07:23. > :07:26.Moscow. In Russia in terms, you wonder where it ends because part of

:07:27. > :07:33.the things that Matthew has been talking about is that this is going

:07:34. > :07:40.nowhere. If you keep going so far with Russia, it just ends up in a

:07:41. > :07:46.dark place, so they had to have this Russian policy.

:07:47. > :07:47.In another story linked to intelligence agencies,

:07:48. > :07:49.President Trump is coming under increasing pressure to provide

:07:50. > :07:52.evidence of the alleged wiretapping of Trump Tower which he blamed

:07:53. > :07:53.on the former President Barack Obama.

:07:54. > :07:55.on the former President, Barack Obama.

:07:56. > :07:59.We've been hearing from the Chairman of the House Intelligence Committee,

:08:00. > :08:02.Republican Congressman Devin Nunes today - who's been leading

:08:03. > :08:11.As I told you last week about the issue with the president

:08:12. > :08:19.That evidence still remains the same that we don't have any

:08:20. > :08:21.evidence that that took place, and in fact I don't believe

:08:22. > :08:24.in the last week of time, the people we talk to,

:08:25. > :08:30.I don't believe there was an actual tap of Trump Tower.

:08:31. > :08:36.He was the Republican we heard from last week. He said you shouldn't

:08:37. > :08:40.take what the President is saying literally. He is obviously getting

:08:41. > :08:46.frustrated and you can see why, because the president could put this

:08:47. > :08:50.to bed immediately. He could get classified the documents and

:08:51. > :08:55.everybody would know whether Trump Tower had been wiretapped. One of

:08:56. > :09:00.the suggestions from Sean Spicer was in fact what the president wanted

:09:01. > :09:06.was to open a Congressional enquiry into all this, not necessarily to

:09:07. > :09:12.prove that President Obama has tapped President Trump's bone during

:09:13. > :09:18.the campaign. But that's not what he tweeted. He clearly tweeted that

:09:19. > :09:29.Barrett Obama had tapped his phone and was a bad or sick person. Did

:09:30. > :09:34.Trump's campaign operatives get caught up in the wiretapping of

:09:35. > :09:51.Russian entities, couple of banks have been mentioned, so was that an

:09:52. > :09:53.issue. But he's having problems with that because that's not what Trump

:09:54. > :09:56.tweeted. After the economic crash of 2008,

:09:57. > :09:59.US interest rates were slashed and they have barely shifted since,

:10:00. > :10:01.they have been dragging along at just over 0%

:10:02. > :10:03.for over seven years. But in the past hour the US

:10:04. > :10:07.Federal Reserve has made a move, it is nudging up the rate by just

:10:08. > :10:10.a quarter of a percentage There could be more

:10:11. > :10:13.rises ahead this year. And that is because suddenly

:10:14. > :10:15.the ultra-cautious Fed has seen green shoots in the American

:10:16. > :10:17.and global economy. Janet Yellen the Chair of the Fed

:10:18. > :10:20.is preparing this president, indeed the world, for rising

:10:21. > :10:22.interest rates and The economy continues

:10:23. > :10:25.to expand at a moderate pace. Solid income gains and

:10:26. > :10:27.relatively high levels of consumer sentiment and wealth have

:10:28. > :10:30.supported household spending growth. Business investment, which was soft

:10:31. > :10:32.for much of last year, And business sentiment

:10:33. > :10:37.is at favourable levels. Overall, we continue

:10:38. > :10:40.to expect that the economy will expand at a moderate pace

:10:41. > :10:50.over the next few years. Well, to tell us why

:10:51. > :10:53.all of this matters, and what it means not just

:10:54. > :10:55.for the American economy, let's speak to Diane Swonk of DS

:10:56. > :11:06.Economics in Chicago. That's the real story here, isn't

:11:07. > :11:16.it? The interest rate hike is a reflection that the US economy is

:11:17. > :11:21.doing well. Absolutely, it's an underlying of economic fundamentals,

:11:22. > :11:27.no pre-emptive strike about what fiscal policy may come down the road

:11:28. > :11:32.and finally, the Fed is getting there and they are reacting to it in

:11:33. > :11:38.a way that is expected. I think another key point is the statement

:11:39. > :11:43.itself is less hawkish than expected, highlighting the symmetry

:11:44. > :11:49.of the inflation target. There was also a dissent, but highlighting the

:11:50. > :11:56.symmetry is that the Fed can overshoot a bit on interest so it

:11:57. > :11:59.will undershoot on unemployment because it has affected workers.

:12:00. > :12:07.That's where the debate will be going forward. We have her sounding

:12:08. > :12:12.optimistic, you saying that this is a good sign about the US economy,

:12:13. > :12:17.art we are hearing from American voters that they are unemployed and

:12:18. > :12:21.underpaid and that there is a large section of the US workforce that is

:12:22. > :12:28.not at all feeling optimistic which is why they voted for president

:12:29. > :12:34.Trump. I think that's why one of the reason that there is symmetry in

:12:35. > :12:37.this target, it will be debated as to how high they will let it go and

:12:38. > :12:50.how low they will allow employment to grow.

:12:51. > :13:00.Now they have the ability to allow the economy to run a little hot.

:13:01. > :13:05.What has happened in the 90s is beginning to happen now and it's

:13:06. > :13:11.necessary, we need fiscal policy better tune to this and it's

:13:12. > :13:21.necessary to re-engage those workers round the sideline. You are finally

:13:22. > :13:24.seeing firms investing in training, this was something that wasn't

:13:25. > :13:32.happening. She is hoping the upgrade of skills will trigger some

:13:33. > :13:38.innovation as well. Indulge me as a Brit, amid the Brexit stuff, if we

:13:39. > :13:43.have a world economy where the US is pushing up rates with the UK is

:13:44. > :13:52.keeping its rates at rock bottom, so does that mean the pound remains low

:13:53. > :13:57.and our import prices go up? Unfortunately, I think you are stuck

:13:58. > :14:03.with that. I was there in England during the Flash crash. It's

:14:04. > :14:10.important to understand that we are seeing more symmetric central bank

:14:11. > :14:16.policy. The ECB is not quite ending with this change but there are some

:14:17. > :14:20.hawks in the mix of their flock and that means there will be less

:14:21. > :14:25.accommodation, less pushing of accommodation with the European

:14:26. > :14:34.Central Bank which will slow the appreciation of the dollar. It's

:14:35. > :14:41.different in the UK. All of these uncertain sees, article 50, the

:14:42. > :14:51.referendum in Scotland complicating your mix. We needs that US trade

:14:52. > :14:54.deal, Diane. We will send you our cheap exports!

:14:55. > :14:57.President Trump clearly in optimistic mood on the state

:14:58. > :15:03.It will only get better as we continue to slash

:15:04. > :15:14.unnecessary regulations and when we begin our big tax cut!"

:15:15. > :15:25.I've seen a few of these tweets from him with the Dow industrial average

:15:26. > :15:43.going up, is he claiming credit for things that were done by Barrett

:15:44. > :15:56.Obama? Of course. -- President Barrett Obama Barack Obama if he

:15:57. > :16:01.gets his regulations through however it will be big for America, but

:16:02. > :16:09.nobody will deny that there is the prospect here of a big fiscal

:16:10. > :16:19.stimulus. If those policies managed to get through. We are going to talk

:16:20. > :16:27.to a trader in Chicago. So we can ask him about that

:16:28. > :16:30.Well speaking in the last half an hour to car workers in Detroit,

:16:31. > :16:33.President Trump had this to say about US Trade with

:16:34. > :16:37.They have said these chronic trade deficits have helped us

:16:38. > :16:42.I don't want friends abroad if that's what it is going to take.

:16:43. > :16:43.We don't need friends abroad like that.

:16:44. > :16:46.Did you ever see that, where they said, "No, no,

:16:47. > :16:48.it's good for us because people like us abroad"?

:16:49. > :16:59.that's the kind of thing we heard during the course of that campaign.

:17:00. > :17:02.We don't think all Americans are stupid.

:17:03. > :17:04.Polls are due to close within the hour in the Netherlands

:17:05. > :17:07.in an election that many see as a big test of the way

:17:08. > :17:10.in which the winds of populism are blowing in Europe.

:17:11. > :17:12.We know already that turn-out has been higher

:17:13. > :17:15.than the last election, five years ago, and if you've been

:17:16. > :17:18.tuning in these past few days you'll know the ongoing row with Turkey has

:17:19. > :17:21.Attention is focused on the far-right Freedom Party

:17:22. > :17:23.candidate, Geert Wilders, who has mounted a challenge

:17:24. > :17:25.to the centre-right party of Prime Minister Mark Rutte.

:17:26. > :17:27.Here's what both candidates had to say after casting

:17:28. > :17:31.Well, I say if you don't like the idea, don't come to Holland.

:17:32. > :17:36.You are free people, you can decide where or where not to go.

:17:37. > :17:45.I hope that we have less is on in Holland.

:17:46. > :17:47.I hope that we have less Islam in Holland.

:17:48. > :17:49.I think Islam and freedom are not compatible.

:17:50. > :17:53.You are free to go and still leave whenever you want,

:17:54. > :17:56.Having a political leader who wants to take away the Koran

:17:57. > :17:59.from Muslims in the Netherlands, who wants to close our mosques,

:18:00. > :18:01.who is basically talking about not taking the necessary decisions

:18:02. > :18:05.And populism, there is nothing wrong with populism.

:18:06. > :18:12.The wrong pull of populism is not addressing the real

:18:13. > :18:14.issues of the people, only making them bigger

:18:15. > :18:26.Ros Atkins spoke to us from The Hague a little earlier.

:18:27. > :18:28.In a normal year, we might see the Dutch election

:18:29. > :18:31.as a bit of an outlier, but if the trend continues

:18:32. > :18:34.and Geert Wilders does well in this poll, could that set the tone

:18:35. > :18:44.Certainly the Prime Minister here, Mark Rutte, thinks so.

:18:45. > :18:46.He has been repeatedly warning that there shouldn't be any sort

:18:47. > :18:49.of domino effect from Brexit to Donald Trump to the Netherlands

:18:50. > :18:52.and then on to the French election and the German election afterwards.

:18:53. > :18:55.I would say that the politicians involved, whether it is Donald Trump

:18:56. > :18:58.or those who campaigned for Brexit or Geert Wilders, the far right

:18:59. > :19:01.leader here, or Marine Le Pen in France, they all really push back

:19:02. > :19:03.at this idea that they are all connected.

:19:04. > :19:05.They all say they are making national campaigns and national

:19:06. > :19:09.Nonetheless, the reason the foreign media is here in such

:19:10. > :19:13.We want to see what impact Brexit and Donald Trump's victory has had

:19:14. > :19:16.on the thinking of the Dutch voters and we are looking for clues

:19:17. > :19:19.as to which way France and Germany may go later in the year.

:19:20. > :19:22.I think I am right in saying that none of the polls in the Netherlands

:19:23. > :19:31.have suggested that Geert Wilders is going to actually win

:19:32. > :19:34.so the question is how much has he influenced the policy debate?

:19:35. > :19:36.How much has he pulled Mark Rutte to the right

:19:37. > :19:38.on issues like immigration and European integration?

:19:39. > :19:45.It is beyond doubt that Geert Wilders has managed to do that.

:19:46. > :19:49.Most commentators would say this is absolutely the case,

:19:50. > :19:52.that Mark Rutte and not just Mark Rutte, because remember there

:19:53. > :19:59.Many of them, not all of them, but many of them have picked up

:20:00. > :20:01.on the issues of immigration, integration and Islam,

:20:02. > :20:03.the three Is which Geert Wilders has concentrated on,

:20:04. > :20:07.and they have put out strong statements on that.

:20:08. > :20:11.In terms of the practicalities of power here in the Netherlands,

:20:12. > :20:14.Geert Wilders was leading some of the polls for a while but no

:20:15. > :20:20.All of the other big parties say they will not work with him

:20:21. > :20:23.so unless there are some major U-turns or the polls are hugely

:20:24. > :20:26.wrong, Geert Wilders is not going to get a chance to be part

:20:27. > :20:40.of a coalition government and so he will stay outside of power.

:20:41. > :20:48.So interesting, that Dutch election. Who thought we would be focused on

:20:49. > :20:52.that? Is getting a lot of coverage here in the US. It's such a

:20:53. > :20:58.bellwether not just for what's happening there but around the

:20:59. > :21:01.world. We will have an exit poll so stay with us for that.

:21:02. > :21:04.Lots of questions today over a portion of Donald Trump's

:21:05. > :21:11.The document was revealed last night on MSNBC.

:21:12. > :21:16.This is what we're talking about - two photocopied pages obtained

:21:17. > :21:18.by the Pulitzer Prize-winning journalist, David Cay Johnston.

:21:19. > :21:21.They show that in 2005 the real estate mogul Donald Trump paid

:21:22. > :21:23.$36.5 million in income taxes, on earnings of $153 million.

:21:24. > :21:35.This looks pretty good for Mr Trump. We will talk about that in a second.

:21:36. > :21:37.Well an indignant reply from Donald Trump earlier

:21:38. > :21:39."Does anybody really believe that a reporter,

:21:40. > :21:42.who nobody ever heard of, "went to his mailbox"

:21:43. > :21:58.First off, that reporter has written a book on Donald Trump so I'm

:21:59. > :22:04.guessing he knows who he is. What is more interesting is that is a client

:22:05. > :22:10.copy. It doesn't tell us very much. So it's not come from the inland

:22:11. > :22:16.revenue. It's come from somebody who was sent a copy of that. David is

:22:17. > :22:23.saying it might have come from the president himself. So, David went on

:22:24. > :22:30.rachel-mac die's show, she's a left-leaning commentator. David went

:22:31. > :22:35.on her show and said these came into my inbox and then he speculated that

:22:36. > :22:39.Donald Trump himself may have actually leaked them to him so that

:22:40. > :22:45.they would get out there. There is some history of this. It sounds like

:22:46. > :22:51.a crazy conspiracy theory, but there is a history of Donald Trump

:22:52. > :22:58.bringing up reporters in New York during the 90s pretending to be

:22:59. > :23:03.someone from the Trump empire spreading flattering stories about

:23:04. > :23:12.him. It is possible. It's not beyond around. Not totally beyond the realm

:23:13. > :23:17.of possibility. They look good, those tax returns. It makes you

:23:18. > :23:21.wonder why he didn't release the mole if they all look that good. We

:23:22. > :23:59.will have to wait for more information on that.

:24:00. > :24:02.President Trump will unveil an outline of his budget on Thursday.

:24:03. > :24:05.It will be short on detail, which is why it's nicknamed

:24:06. > :24:07.a "skinny budget", but it should give an indication

:24:08. > :24:09.of how he intends to deliver on his campaign promises.

:24:10. > :24:11.The importance of staying on message can't be underestimated.

:24:12. > :24:14.Just ask the UK Chancellor of the Exchequer, Philip Hammond,

:24:15. > :24:16.who was forced today to scrap a plan to raise National Insurance

:24:17. > :24:18.Contributions for self-employed people, announced in

:24:19. > :24:21.Reducing the unfairness of the difference in the tax

:24:22. > :24:24.treatment of those who are employed and those who are self-employed

:24:25. > :24:28.But this government sets great store in the faith and trust

:24:29. > :24:30.of the British people, especially as we embark

:24:31. > :24:32.on the process of negotiating our exit from the EU.

:24:33. > :24:35.By making this change today, we are listening to our colleagues

:24:36. > :24:37.and demonstrating our determination to fulfil both the letter

:24:38. > :24:39.and the spirit of our manifesto tax commitments.

:24:40. > :24:41.Let's bring in our political correspondent, Alex Forsyth who's

:24:42. > :24:46.A U-turn in the space of the week amounting to ?2 billion. The Cabinet

:24:47. > :24:49.didn't know about it which begs the question is his job under threat?

:24:50. > :24:52.It's a damaging day for him. And to some extent for Theresa May. In the

:24:53. > :24:55.UK, the budget is a big deal and this change to national insurance

:24:56. > :25:00.was right at the centre of Philip Hammond's budget. A week later, he's

:25:01. > :25:12.having to pull back from it and he's left with a financial hole, and he

:25:13. > :25:16.is also accused of incompetence. The Government is entering into Les

:25:17. > :25:25.Brexit negotiations, though not a good date for the Government here in

:25:26. > :25:36.the UK. -- a good day. You are watching 100 Days.

:25:37. > :25:48.We ask why drivers who work at IKEA are living in their cabs and about

:25:49. > :26:19.bringing North Korea into line. If you had the sunshine, no doubt

:26:20. > :26:28.you will be wondering about what a glorious Dave. Gravesend experienced

:26:29. > :26:37.temperatures of 19 Celsius. 17 is the highest Wales have seen this

:26:38. > :26:41.year. On the coast of south Wales however common 9 degrees. Some

:26:42. > :26:46.outbreaks of rain in the north and north-west of Scotland. Some of that

:26:47. > :26:55.reaching into Northern Ireland later. Still some breaks in the

:26:56. > :27:00.cloud. There could be a few mist and fog patches. Into tomorrow and

:27:01. > :27:05.high-pressure has been pushed away by a weather front with outbreaks of

:27:06. > :27:11.rain. Some lighter patchy rain affecting the North of England is as

:27:12. > :27:27.we go to the first part of the morning. Still some sunshine.

:27:28. > :27:42.A spell of heavy rain will move through Scotland before clearing.

:27:43. > :27:46.Sunny spells following, but turning wintry in the Scottish Highlands. A

:27:47. > :27:50.substantial band of rain reaching into the northern England and Wales.

:27:51. > :27:55.The cooler air behind this cold front will filter its way south

:27:56. > :28:03.across the UK during Thursday night. Out of about on Friday morning

:28:04. > :28:07.dropping into low single figures and those showers giving some sleet and

:28:08. > :28:16.snow to relatively low levels in northern Scotland. Rain pushing in

:28:17. > :28:20.from north-west to south-east across the UK for a wet, windy picture to

:28:21. > :28:29.end the week will stop this will continue into the weekend. Wendy,

:28:30. > :30:09.feeling cooler, wetter at times but some dry, brighter moments too.

:30:10. > :30:17.The US Department of Justice has charged two Russian intelligence

:30:18. > :30:20.agents over the theft of data from half a billion Yahoo accounts

:30:21. > :30:22.in one of the largest cyber-attacks in history.

:30:23. > :30:39.The Congressmen, Facebook and a race to Washington.

:30:40. > :30:42.America's new Secretary of State Rex Tillerson has arrived

:30:43. > :30:47.in Asia at the start of a four day tour of the region.

:30:48. > :30:50.The talks - which will take place in Japan,

:30:51. > :30:53.South Korea and finally China - the issue of North Korea

:30:54. > :30:55.and its recent missile launches is top of the agenda.

:30:56. > :30:58.Here with us is Balbina Hwang, a former special advisor

:30:59. > :31:01.to Ambassador Christopher Hill - he was Assistant Secretary of State

:31:02. > :31:13.Thanks very much for coming in. In a way this area of the world

:31:14. > :31:17.represents a microcosm of the challenges that America faces, Japan

:31:18. > :31:21.that is nervous about North Korean missiles landing in the Sea of

:31:22. > :31:24.Japan, South Korea has just had its president ousted, you have got China

:31:25. > :31:30.and Bobigny knows really what the president monster do and then you

:31:31. > :31:35.have got North Korea on top of that, totally rogue and unpredictable. His

:31:36. > :31:40.Rex Tillerson prepared and ready to form US foreign policy in that

:31:41. > :31:44.region? Were on top of that you have basically the engine of the global

:31:45. > :31:49.economy as well, that is at stake. He seems to be a very capable man,

:31:50. > :31:53.one presumes that he has been given a certain set of marching orders and

:31:54. > :31:58.he is visiting at a very critical time. US representatives need to get

:31:59. > :32:03.out there rarely to reassure our most important allies about our

:32:04. > :32:07.future presence and the US's future role and of course to set the stage,

:32:08. > :32:12.for a positive stable relationships with China. It is unclear whether or

:32:13. > :32:15.not he has the manpower and the bureaucratic support because that is

:32:16. > :32:21.still very much in flux. We will see. President chump has rowed back

:32:22. > :32:25.on some of the more inflammatory things, throwing the one China

:32:26. > :32:29.policy in question, suggesting that South Korea and Japan should have

:32:30. > :32:34.nuclear weapons. The White House has wrote back but there is still an

:32:35. > :32:38.issue coming up to the approaches of North Korea. Rex Tillerson says that

:32:39. > :32:42.the State Department needs fresh approaches, he worked in the State

:32:43. > :32:47.Department, are there fresher approaches that the Obama to

:32:48. > :32:50.frustration didn't try. Actually I believe that Obama can illustration

:32:51. > :32:56.did try, but it takes two to tango or walls, or dance. North Korea is

:32:57. > :33:03.the one that is resistant, it was during the Bush years, Obama years

:33:04. > :33:08.and clearly now is willing to stand up to President Trump. I think the

:33:09. > :33:13.United States needs to unhinge frankly the role of China. I think

:33:14. > :33:19.what President Trump's role in the first hundred days shows, is that

:33:20. > :33:22.despite the inflammatory rhetoric, in fact when it comes to Asia he

:33:23. > :33:28.began to quickly understand, that decades-old policies of the US,

:33:29. > :33:31.meaning our stable allies, and being able to have a continued influence

:33:32. > :33:36.that is positive in Asia, he's essentially the way to go for the

:33:37. > :33:39.US. But isn't the point that will always miss about China when it

:33:40. > :33:44.comes to North Korea, that it sees it has a very useful ally, of course

:33:45. > :33:49.it doesn't like Kim Jong-un, it could have a more rational ally, but

:33:50. > :33:53.in a very volatile area, always thinking about conflict with the

:33:54. > :33:57.United States, North Korea is a pretty good buffer? Yes of course

:33:58. > :34:02.but I think North Korea has shown under Kim Jong-un in the last four

:34:03. > :34:07.or five years, then you could test recently have really, they are not

:34:08. > :34:11.really a test President Trump, the really a declaration of independence

:34:12. > :34:15.against China. I wouldn't so much call it an ally has a useful

:34:16. > :34:19.strategic asset for Beijing which is why paging is very reluctant to do

:34:20. > :34:25.very much to see that regime crumbled. And why frankly China is

:34:26. > :34:27.at a very difficult crossroads. Fascinating.

:34:28. > :34:30.Lorry drivers moving goods for Ikea and other retailers

:34:31. > :34:33.in Western Europe are camping out in their cabs for months at a time

:34:34. > :34:36.because they can't afford to live in the countries they're working in.

:34:37. > :34:39.The East European drivers are being paid at the levels they would

:34:40. > :34:45.A judge has described as ''inhumane'' the practice

:34:46. > :34:48.where companies are able to exploit loopholes in European law.

:34:49. > :35:00.In a trailer on the edge of Copenhagen in Denmark, Christian and

:35:01. > :35:07.Amelia have created their own pop-up kitchen. Cooking from scratch says

:35:08. > :35:11.their money. Is this how you want to have your breakfast? I don't want to

:35:12. > :35:15.live like this but this is the condition. He's moving goods for

:35:16. > :35:24.IKEA but they don't employ him. His actual employer is a Slovakian firm.

:35:25. > :35:29.He is paid Slovak wages. European Union employment rules state that a

:35:30. > :35:33.driver temporarily posted away from home should be guaranteed the host

:35:34. > :35:39.nation's minimum rates of pay and conditions. But companies are

:35:40. > :35:43.exploiting loopholes in the law. A Danish driver, can expect to take

:35:44. > :35:53.2200 euros or a month in salary but he has been taking home an average

:35:54. > :36:03.monthly salary of 477 euros or ?418 a month. This is my home, this is

:36:04. > :36:07.how I live, this is my bed, he I sleep. Danish tribes go home every

:36:08. > :36:14.couple of weeks but he spends up to four months on road. His company say

:36:15. > :36:20.that he is responsible for taking his rest breaks and the company says

:36:21. > :36:24.he can go home when ever he likes. He has just driven some IKEA stock

:36:25. > :36:28.from Denmark into Sweden, he only ever works in Western Europe,

:36:29. > :36:32.sometimes it might be Germany or Norway. He is being paid as if he

:36:33. > :36:37.was driving in Slovakia, yet he never works there. This is the

:36:38. > :36:44.biggest IKEA Tryster but centre in the world. It is in Dortmund in

:36:45. > :36:49.Germany. In front is a truck park turned campsite. Trade unions accuse

:36:50. > :36:55.IKEA of turning a blind eye to how haulage companies treat their

:36:56. > :36:57.drivers. IKEA would say this is many different layers of companies

:36:58. > :37:04.operating his contract and they cannot be expected to know. Yes but

:37:05. > :37:09.these guys, the Moldovan and Polish guys, they remove the furniture from

:37:10. > :37:17.IKEA. They touch the furniture, how can you deny it is IKEA. How can you

:37:18. > :37:20.deny what is being paid? Yes. In a statement IKEA say that they take

:37:21. > :37:30.the reports very seriously. It is not just IKEA and the big

:37:31. > :37:35.retailers that are in the firing line, Europe's politicians are also

:37:36. > :37:43.under pressure to act to stop any further deterioration in the working

:37:44. > :37:47.conditions of Europe's drivers. I think a lot of people to have been

:37:48. > :37:50.driving around Europe recently will identify with that. You often see

:37:51. > :37:55.lorry drivers living in tight conditions.

:37:56. > :37:57.Janet Yellen, the head of the Federal Reserve,

:37:58. > :38:01.It's the first rise of 2017 with more expected.

:38:02. > :38:03.The decision will have an impact on the business landscape

:38:04. > :38:06.here in the US and of course, will also have a ripple effect globally.

:38:07. > :38:09.Scott Shellady is a Chicago based stock broker who is currently

:38:10. > :38:12.in London getting ready to make the most of the opportunities that

:38:13. > :38:18.I recently saw him on a rival network and I spotted the jacket.

:38:19. > :38:23.That is why you are there, I thought I have got to get the jacket onto

:38:24. > :38:29.100 days. You are called on Twitter the cowman. Why are you in the

:38:30. > :38:33.jacket? It is a cultural background, my father had a farm, and he did the

:38:34. > :38:39.job that I did before the media and the big-money was in the market and

:38:40. > :38:43.he walks it so that everyone was reminded that there was an economic

:38:44. > :38:47.function, not just ambling. I took it on to keep the game rolling and

:38:48. > :38:50.then the big-money and the big media came in and everybody wanted to know

:38:51. > :38:55.what the money is with the cow jacket. You work in futures, so

:38:56. > :38:59.Tommy, we have got a lot of elections in Europe at the moment,

:39:00. > :39:04.are you watching the Dutch election as a bellwether of what his game to

:39:05. > :39:08.happen in France and Germany? Absolutely, we voted with our feet

:39:09. > :39:13.as a firm, obviously we know what happened in June last year with

:39:14. > :39:17.Brexit and then with Donald Trump in November and then the ball has come

:39:18. > :39:20.back with the Dutch and then the French and the Germans. Sir as a

:39:21. > :39:25.firm we think there is an opportunity here, we don't see

:39:26. > :39:29.Brexit, or nationalism or populism as per se as being a bad thing for

:39:30. > :39:33.this country or anybody else. It is going to be to marchers, there is

:39:34. > :39:36.going to be turmoil and that is what you like in the markets first thing.

:39:37. > :39:40.But also having your own sovereignty is not a bad thing. We have come

:39:41. > :39:43.over here because we think this will be an opportunity, I was here when

:39:44. > :39:47.we had a bunch of different currencies and now it is just back

:39:48. > :39:53.to one and Demi will go back to in a currency so we'll see what happens.

:39:54. > :39:57.This is a terribly exciting time. So let us get this clear, you are a

:39:58. > :40:01.financial services person coming to London when the rest are coming to

:40:02. > :40:05.the hills? Absolutely, I think there is a great opportunity and we know

:40:06. > :40:08.that there is some nervousness but at the end of the day no one can

:40:09. > :40:14.punish you for being in charge of your own sovereignty. That shouldn't

:40:15. > :40:17.be the case. Like everybody else who deals in financial markets you are

:40:18. > :40:22.very happy with the way things have gone since Tom Trump was elected. Do

:40:23. > :40:26.you have any concerns that we are looking at a bubble here in the US

:40:27. > :40:32.in financial markets and that this is something that could end badly

:40:33. > :40:35.that we are on a sugar high? I think things have been so bad for so long

:40:36. > :40:39.that we have got to unleash some animal spirits. I don't like to see

:40:40. > :40:45.things go straight up all of the time, that is not healthy, but could

:40:46. > :40:49.we have a 2% of 5% retrenching, yes. But we have almost gone up in a

:40:50. > :40:53.straight line so nothing is healthy that does that. We will retrench and

:40:54. > :40:58.that would be good going forward. At the end of the day we are still

:40:59. > :41:01.trading on a bit of hope, we are on fumes and we need to see those

:41:02. > :41:04.policies come through and the rubber meets the road. If you things are

:41:05. > :41:13.but we are going to need a lot more to sustain the market at these

:41:14. > :41:18.levels. Did you really just say hopium? Decided. You are a

:41:19. > :41:21.Republican, you didn't initially planned for Donald Trump at you

:41:22. > :41:25.thought he was the best bet once he got the ticket? Yes if you are for

:41:26. > :41:32.lower tax and better regulation, less regulation then by default and

:41:33. > :41:37.he is who is at the party. To another degree, that is how he gets

:41:38. > :41:40.to his core base, Twitter. To be honest, after what we saw what

:41:41. > :41:44.happened with a lot of folks being in bed with the media and

:41:45. > :41:48.underhanded things happening, that is one true way that he can get to

:41:49. > :41:53.his people and have it be his words. Part of me understand, but maybe he

:41:54. > :41:58.should be a bit more judicious. We are out of time, will you come back

:41:59. > :42:03.and see us? Absolutely. We will join him on the Chicago trading floor.

:42:04. > :42:08.Chris and I want to get to this before the end of the day, we

:42:09. > :42:12.mentioned this odd couple, costs Texas congressman, a Democrat and a

:42:13. > :42:16.Republican have been live streaming their journey from San Antonio to

:42:17. > :42:27.Washington. There has been a lot of political talk and doughnuts. There

:42:28. > :42:33.you go. Thank you. That is a good doughnut. They decided to share a

:42:34. > :42:36.car after their flights to Washington were cancelled because of

:42:37. > :42:39.the snowstorm in the north-east there are currently rushing to make

:42:40. > :42:45.it back so they can cast their votes on the house floor in a queue as

:42:46. > :42:50.time. Breaking news, their GPS party tells them they are going to arrive

:42:51. > :42:55.here in Washington at 6:20pm, that vote is scheduled for 6:30pm. If it

:42:56. > :43:01.was me driving I would be a bit concerned. Brent, that is it for 100

:43:02. > :43:03.days, join us again at the same time tomorrow, from Cathy and me, goodbye

:43:04. > :43:14.for now.