Browse content similar to 15/03/2017. Check below for episodes and series from the same categories and more!
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Hello and welcome to One Hundred Days. | :00:11. | :00:13. | |
The biggest cyber attack in history and America says the Russian | :00:14. | :00:16. | |
The Department of Justice charges two FSB agents, | :00:17. | :00:20. | |
who worked with criminal hackers, to steal details of 500 | :00:21. | :00:23. | |
Hackers stole names, email addresses and passwords | :00:24. | :00:32. | |
from Yahoo in the latest cyber-attack that US agencies | :00:33. | :00:34. | |
This indictment details how Russian officers conspired and carried out | :00:35. | :00:52. | |
one of the largest cyber intrusions in US history. | :00:53. | :01:01. | |
The Republican Chair of the House intelligence committee says he does | :01:02. | :01:05. | |
not believe President Trump's claims that his phones were tapped. | :01:06. | :01:07. | |
As the US economy continues to grow, the Federal Reserve raises rates | :01:08. | :01:10. | |
Also, the polls are soon to close in the Netherlands. | :01:11. | :01:14. | |
Trying to see off the challenge of far right leader Geert Wilders, | :01:15. | :01:17. | |
the Dutch Prime Minister urges voters to defeat what he calls | :01:18. | :01:20. | |
The British Government is forced to reverse a planned tax hike | :01:21. | :01:25. | |
And a BBC investigation into the European lorry | :01:26. | :01:29. | |
drivers who move goods for IKEA among others. | :01:30. | :01:34. | |
So poor they live in their cabs for weeks on end. | :01:35. | :01:51. | |
I'm Katty Kay in Washington. Christian Fraser is in London. | :01:52. | :01:53. | |
Two Russian intelligence agents are being hunted by the FBI | :01:54. | :01:56. | |
for their part in the biggest cyber attack in history. | :01:57. | :01:58. | |
In 2014, the details of 500 million Yahoo accounts were stolen, | :01:59. | :02:01. | |
including the details of US Government officials. | :02:02. | :02:03. | |
The FBI says the Russian agents were paying and protecting | :02:04. | :02:05. | |
One of the hackers was arrested last week in Canada. | :02:06. | :02:22. | |
The agents, seen here, worked for a unit, within the FSB, | :02:23. | :02:24. | |
that was supposed to be a point of contact for law enforcement, | :02:25. | :02:27. | |
The acting assistant attorney general is Mary McCord. | :02:28. | :02:30. | |
The defendants include two officers of the Russian Federal Security | :02:31. | :02:33. | |
service and intelligence and law enforcement agency of | :02:34. | :02:34. | |
the Russian Federation, and two criminal hackers | :02:35. | :02:39. | |
with whom they conspired to accomplish these intrusions. | :02:40. | :02:41. | |
Dmitry Dokuchayev and Igor Sushchin, both FSB officers, protected, | :02:42. | :02:46. | |
directed, facilitated and paid criminal hackers to collect | :02:47. | :02:55. | |
information through computer intrusions in the United States | :02:56. | :02:57. | |
They worked with co-conspirators Alexsey Balan and Karim Baratov | :02:58. | :03:04. | |
to hack into the computers of American companies | :03:05. | :03:06. | |
providing e-mail and Internet related services. | :03:07. | :03:11. | |
This indictment details how Russian Federal Security Service | :03:12. | :03:15. | |
officers working together with criminal hackers conspired | :03:16. | :03:18. | |
to plan and carry out one of the largest cyber intrusions | :03:19. | :03:21. | |
Well let's speak to Matthew Rojansky, an expert on American | :03:22. | :03:30. | |
relations with Russia at the Woodrow Wilson Center | :03:31. | :03:32. | |
The FBI has suspected this for a long time that the Russian | :03:33. | :03:42. | |
Government is working with private cyber hackers but this is a first | :03:43. | :03:50. | |
time we'd seen evidence emerge? I don't think it's the first time. | :03:51. | :03:58. | |
It's not the first time that governments will have mixed with | :03:59. | :04:02. | |
hackers for hire. It's a first that the US is taking action, against the | :04:03. | :04:12. | |
Russian intelligence law enforcement officers who are counterparts at the | :04:13. | :04:15. | |
FBI who are alleged to have been running this, and it's fascinating | :04:16. | :04:23. | |
because one of the two officers was already arrested by the Russians | :04:24. | :04:29. | |
themselves in January, accused of being a double agent working for the | :04:30. | :04:35. | |
United States or something else, then released for his protection | :04:36. | :04:42. | |
because he was cooperating, and now it has the US levelling the charge | :04:43. | :04:49. | |
at him and it looks like it going to blow up in someone's base. What are | :04:50. | :04:55. | |
the ramifications going to be in terms of US and Russian relations at | :04:56. | :05:01. | |
a time when Russia is under investigation for hacking into the | :05:02. | :05:05. | |
US election last June? This is why this is so important, fascinating | :05:06. | :05:18. | |
and frankly tragic to watch. This underscores just how badly this | :05:19. | :05:21. | |
relationship is damaged at this point. This will officers who were | :05:22. | :05:26. | |
supposed to become or deleting nationally with one another, just a | :05:27. | :05:34. | |
few years ago as part of the bilateral president commission, | :05:35. | :05:37. | |
these guys are now literally charging one another with espionage | :05:38. | :05:42. | |
and going after each other. The second problem, maybe it will end up | :05:43. | :05:47. | |
being an independent investigation, but the panic and the fear in | :05:48. | :05:56. | |
Russian meddling in United States politics, now the US justice | :05:57. | :06:02. | |
department and courts, is substituting for US foreign policy | :06:03. | :06:08. | |
on Russia, because what is not happening, is a formal policy | :06:09. | :06:12. | |
position on Russia. Real negotiations with them, managing our | :06:13. | :06:19. | |
security and mutual relationship with them. Our Congressional | :06:20. | :06:25. | |
proceedings, this investigation, the public bus in the media, these are | :06:26. | :06:32. | |
now substituting with an actual policy for Russia. The problem is | :06:33. | :06:37. | |
going to be that anyone who wanted to develop a Russia policy in | :06:38. | :06:42. | |
Congress would think twice, because at the moment, Russia is seen as | :06:43. | :06:46. | |
hugely toxic and that is part of the problem, isn't it? I think Matthew | :06:47. | :06:56. | |
isn't hearing Christian so let me put that point to you. Who would put | :06:57. | :07:04. | |
forward such a policy when Russia itself is scene so toxic? I'm afraid | :07:05. | :07:11. | |
I think we lost Matthew there. But that was fascinating, the idea that | :07:12. | :07:17. | |
there is no rush up policy and effectively only investigations into | :07:18. | :07:22. | |
Moscow. In Russia in terms, you wonder where it ends because part of | :07:23. | :07:26. | |
the things that Matthew has been talking about is that this is going | :07:27. | :07:33. | |
nowhere. If you keep going so far with Russia, it just ends up in a | :07:34. | :07:40. | |
dark place, so they had to have this Russian policy. | :07:41. | :07:46. | |
In another story linked to intelligence agencies, | :07:47. | :07:47. | |
President Trump is coming under increasing pressure to provide | :07:48. | :07:49. | |
evidence of the alleged wiretapping of Trump Tower which he blamed | :07:50. | :07:52. | |
on the former President Barack Obama. | :07:53. | :07:53. | |
on the former President, Barack Obama. | :07:54. | :07:55. | |
We've been hearing from the Chairman of the House Intelligence Committee, | :07:56. | :07:59. | |
Republican Congressman Devin Nunes today - who's been leading | :08:00. | :08:02. | |
As I told you last week about the issue with the president | :08:03. | :08:11. | |
That evidence still remains the same that we don't have any | :08:12. | :08:19. | |
evidence that that took place, and in fact I don't believe | :08:20. | :08:21. | |
in the last week of time, the people we talk to, | :08:22. | :08:24. | |
I don't believe there was an actual tap of Trump Tower. | :08:25. | :08:30. | |
He was the Republican we heard from last week. He said you shouldn't | :08:31. | :08:36. | |
take what the President is saying literally. He is obviously getting | :08:37. | :08:40. | |
frustrated and you can see why, because the president could put this | :08:41. | :08:46. | |
to bed immediately. He could get classified the documents and | :08:47. | :08:50. | |
everybody would know whether Trump Tower had been wiretapped. One of | :08:51. | :08:55. | |
the suggestions from Sean Spicer was in fact what the president wanted | :08:56. | :09:00. | |
was to open a Congressional enquiry into all this, not necessarily to | :09:01. | :09:06. | |
prove that President Obama has tapped President Trump's bone during | :09:07. | :09:12. | |
the campaign. But that's not what he tweeted. He clearly tweeted that | :09:13. | :09:18. | |
Barrett Obama had tapped his phone and was a bad or sick person. Did | :09:19. | :09:29. | |
Trump's campaign operatives get caught up in the wiretapping of | :09:30. | :09:34. | |
Russian entities, couple of banks have been mentioned, so was that an | :09:35. | :09:51. | |
issue. But he's having problems with that because that's not what Trump | :09:52. | :09:53. | |
tweeted. After the economic crash of 2008, | :09:54. | :09:56. | |
US interest rates were slashed and they have barely shifted since, | :09:57. | :09:59. | |
they have been dragging along at just over 0% | :10:00. | :10:01. | |
for over seven years. But in the past hour the US | :10:02. | :10:03. | |
Federal Reserve has made a move, it is nudging up the rate by just | :10:04. | :10:07. | |
a quarter of a percentage There could be more | :10:08. | :10:10. | |
rises ahead this year. And that is because suddenly | :10:11. | :10:13. | |
the ultra-cautious Fed has seen green shoots in the American | :10:14. | :10:15. | |
and global economy. Janet Yellen the Chair of the Fed | :10:16. | :10:17. | |
is preparing this president, indeed the world, for rising | :10:18. | :10:20. | |
interest rates and The economy continues | :10:21. | :10:22. | |
to expand at a moderate pace. Solid income gains and | :10:23. | :10:25. | |
relatively high levels of consumer sentiment and wealth have | :10:26. | :10:27. | |
supported household spending growth. Business investment, which was soft | :10:28. | :10:30. | |
for much of last year, And business sentiment | :10:31. | :10:32. | |
is at favourable levels. Overall, we continue | :10:33. | :10:37. | |
to expect that the economy will expand at a moderate pace | :10:38. | :10:40. | |
over the next few years. Well, to tell us why | :10:41. | :10:50. | |
all of this matters, and what it means not just | :10:51. | :10:53. | |
for the American economy, let's speak to Diane Swonk of DS | :10:54. | :10:55. | |
Economics in Chicago. That's the real story here, isn't | :10:56. | :11:06. | |
it? The interest rate hike is a reflection that the US economy is | :11:07. | :11:16. | |
doing well. Absolutely, it's an underlying of economic fundamentals, | :11:17. | :11:21. | |
no pre-emptive strike about what fiscal policy may come down the road | :11:22. | :11:27. | |
and finally, the Fed is getting there and they are reacting to it in | :11:28. | :11:32. | |
a way that is expected. I think another key point is the statement | :11:33. | :11:38. | |
itself is less hawkish than expected, highlighting the symmetry | :11:39. | :11:43. | |
of the inflation target. There was also a dissent, but highlighting the | :11:44. | :11:49. | |
symmetry is that the Fed can overshoot a bit on interest so it | :11:50. | :11:56. | |
will undershoot on unemployment because it has affected workers. | :11:57. | :11:59. | |
That's where the debate will be going forward. We have her sounding | :12:00. | :12:07. | |
optimistic, you saying that this is a good sign about the US economy, | :12:08. | :12:12. | |
art we are hearing from American voters that they are unemployed and | :12:13. | :12:17. | |
underpaid and that there is a large section of the US workforce that is | :12:18. | :12:21. | |
not at all feeling optimistic which is why they voted for president | :12:22. | :12:28. | |
Trump. I think that's why one of the reason that there is symmetry in | :12:29. | :12:34. | |
this target, it will be debated as to how high they will let it go and | :12:35. | :12:37. | |
how low they will allow employment to grow. | :12:38. | :12:50. | |
Now they have the ability to allow the economy to run a little hot. | :12:51. | :13:00. | |
What has happened in the 90s is beginning to happen now and it's | :13:01. | :13:05. | |
necessary, we need fiscal policy better tune to this and it's | :13:06. | :13:11. | |
necessary to re-engage those workers round the sideline. You are finally | :13:12. | :13:21. | |
seeing firms investing in training, this was something that wasn't | :13:22. | :13:24. | |
happening. She is hoping the upgrade of skills will trigger some | :13:25. | :13:32. | |
innovation as well. Indulge me as a Brit, amid the Brexit stuff, if we | :13:33. | :13:38. | |
have a world economy where the US is pushing up rates with the UK is | :13:39. | :13:43. | |
keeping its rates at rock bottom, so does that mean the pound remains low | :13:44. | :13:52. | |
and our import prices go up? Unfortunately, I think you are stuck | :13:53. | :13:57. | |
with that. I was there in England during the Flash crash. It's | :13:58. | :14:03. | |
important to understand that we are seeing more symmetric central bank | :14:04. | :14:10. | |
policy. The ECB is not quite ending with this change but there are some | :14:11. | :14:16. | |
hawks in the mix of their flock and that means there will be less | :14:17. | :14:20. | |
accommodation, less pushing of accommodation with the European | :14:21. | :14:25. | |
Central Bank which will slow the appreciation of the dollar. It's | :14:26. | :14:34. | |
different in the UK. All of these uncertain sees, article 50, the | :14:35. | :14:41. | |
referendum in Scotland complicating your mix. We needs that US trade | :14:42. | :14:51. | |
deal, Diane. We will send you our cheap exports! | :14:52. | :14:54. | |
President Trump clearly in optimistic mood on the state | :14:55. | :14:57. | |
It will only get better as we continue to slash | :14:58. | :15:03. | |
unnecessary regulations and when we begin our big tax cut!" | :15:04. | :15:14. | |
I've seen a few of these tweets from him with the Dow industrial average | :15:15. | :15:25. | |
going up, is he claiming credit for things that were done by Barrett | :15:26. | :15:43. | |
Obama? Of course. -- President Barrett Obama Barack Obama if he | :15:44. | :15:56. | |
gets his regulations through however it will be big for America, but | :15:57. | :16:01. | |
nobody will deny that there is the prospect here of a big fiscal | :16:02. | :16:09. | |
stimulus. If those policies managed to get through. We are going to talk | :16:10. | :16:19. | |
to a trader in Chicago. So we can ask him about that | :16:20. | :16:27. | |
Well speaking in the last half an hour to car workers in Detroit, | :16:28. | :16:30. | |
President Trump had this to say about US Trade with | :16:31. | :16:33. | |
They have said these chronic trade deficits have helped us | :16:34. | :16:37. | |
I don't want friends abroad if that's what it is going to take. | :16:38. | :16:42. | |
We don't need friends abroad like that. | :16:43. | :16:43. | |
Did you ever see that, where they said, "No, no, | :16:44. | :16:46. | |
it's good for us because people like us abroad"? | :16:47. | :16:48. | |
that's the kind of thing we heard during the course of that campaign. | :16:49. | :16:59. | |
We don't think all Americans are stupid. | :17:00. | :17:02. | |
Polls are due to close within the hour in the Netherlands | :17:03. | :17:04. | |
in an election that many see as a big test of the way | :17:05. | :17:07. | |
in which the winds of populism are blowing in Europe. | :17:08. | :17:10. | |
We know already that turn-out has been higher | :17:11. | :17:12. | |
than the last election, five years ago, and if you've been | :17:13. | :17:15. | |
tuning in these past few days you'll know the ongoing row with Turkey has | :17:16. | :17:18. | |
Attention is focused on the far-right Freedom Party | :17:19. | :17:21. | |
candidate, Geert Wilders, who has mounted a challenge | :17:22. | :17:23. | |
to the centre-right party of Prime Minister Mark Rutte. | :17:24. | :17:25. | |
Here's what both candidates had to say after casting | :17:26. | :17:27. | |
Well, I say if you don't like the idea, don't come to Holland. | :17:28. | :17:31. | |
You are free people, you can decide where or where not to go. | :17:32. | :17:36. | |
I hope that we have less is on in Holland. | :17:37. | :17:45. | |
I hope that we have less Islam in Holland. | :17:46. | :17:47. | |
I think Islam and freedom are not compatible. | :17:48. | :17:49. | |
You are free to go and still leave whenever you want, | :17:50. | :17:53. | |
Having a political leader who wants to take away the Koran | :17:54. | :17:56. | |
from Muslims in the Netherlands, who wants to close our mosques, | :17:57. | :17:59. | |
who is basically talking about not taking the necessary decisions | :18:00. | :18:01. | |
And populism, there is nothing wrong with populism. | :18:02. | :18:05. | |
The wrong pull of populism is not addressing the real | :18:06. | :18:12. | |
issues of the people, only making them bigger | :18:13. | :18:14. | |
Ros Atkins spoke to us from The Hague a little earlier. | :18:15. | :18:26. | |
In a normal year, we might see the Dutch election | :18:27. | :18:28. | |
as a bit of an outlier, but if the trend continues | :18:29. | :18:31. | |
and Geert Wilders does well in this poll, could that set the tone | :18:32. | :18:34. | |
Certainly the Prime Minister here, Mark Rutte, thinks so. | :18:35. | :18:44. | |
He has been repeatedly warning that there shouldn't be any sort | :18:45. | :18:46. | |
of domino effect from Brexit to Donald Trump to the Netherlands | :18:47. | :18:49. | |
and then on to the French election and the German election afterwards. | :18:50. | :18:52. | |
I would say that the politicians involved, whether it is Donald Trump | :18:53. | :18:55. | |
or those who campaigned for Brexit or Geert Wilders, the far right | :18:56. | :18:58. | |
leader here, or Marine Le Pen in France, they all really push back | :18:59. | :19:01. | |
at this idea that they are all connected. | :19:02. | :19:03. | |
They all say they are making national campaigns and national | :19:04. | :19:05. | |
Nonetheless, the reason the foreign media is here in such | :19:06. | :19:09. | |
We want to see what impact Brexit and Donald Trump's victory has had | :19:10. | :19:13. | |
on the thinking of the Dutch voters and we are looking for clues | :19:14. | :19:16. | |
as to which way France and Germany may go later in the year. | :19:17. | :19:19. | |
I think I am right in saying that none of the polls in the Netherlands | :19:20. | :19:22. | |
have suggested that Geert Wilders is going to actually win | :19:23. | :19:31. | |
so the question is how much has he influenced the policy debate? | :19:32. | :19:34. | |
How much has he pulled Mark Rutte to the right | :19:35. | :19:36. | |
on issues like immigration and European integration? | :19:37. | :19:38. | |
It is beyond doubt that Geert Wilders has managed to do that. | :19:39. | :19:45. | |
Most commentators would say this is absolutely the case, | :19:46. | :19:49. | |
that Mark Rutte and not just Mark Rutte, because remember there | :19:50. | :19:52. | |
Many of them, not all of them, but many of them have picked up | :19:53. | :19:59. | |
on the issues of immigration, integration and Islam, | :20:00. | :20:01. | |
the three Is which Geert Wilders has concentrated on, | :20:02. | :20:03. | |
and they have put out strong statements on that. | :20:04. | :20:07. | |
In terms of the practicalities of power here in the Netherlands, | :20:08. | :20:11. | |
Geert Wilders was leading some of the polls for a while but no | :20:12. | :20:14. | |
All of the other big parties say they will not work with him | :20:15. | :20:20. | |
so unless there are some major U-turns or the polls are hugely | :20:21. | :20:23. | |
wrong, Geert Wilders is not going to get a chance to be part | :20:24. | :20:26. | |
of a coalition government and so he will stay outside of power. | :20:27. | :20:40. | |
So interesting, that Dutch election. Who thought we would be focused on | :20:41. | :20:48. | |
that? Is getting a lot of coverage here in the US. It's such a | :20:49. | :20:52. | |
bellwether not just for what's happening there but around the | :20:53. | :20:58. | |
world. We will have an exit poll so stay with us for that. | :20:59. | :21:01. | |
Lots of questions today over a portion of Donald Trump's | :21:02. | :21:04. | |
The document was revealed last night on MSNBC. | :21:05. | :21:11. | |
This is what we're talking about - two photocopied pages obtained | :21:12. | :21:16. | |
by the Pulitzer Prize-winning journalist, David Cay Johnston. | :21:17. | :21:18. | |
They show that in 2005 the real estate mogul Donald Trump paid | :21:19. | :21:21. | |
$36.5 million in income taxes, on earnings of $153 million. | :21:22. | :21:23. | |
This looks pretty good for Mr Trump. We will talk about that in a second. | :21:24. | :21:35. | |
Well an indignant reply from Donald Trump earlier | :21:36. | :21:37. | |
"Does anybody really believe that a reporter, | :21:38. | :21:39. | |
who nobody ever heard of, "went to his mailbox" | :21:40. | :21:42. | |
First off, that reporter has written a book on Donald Trump so I'm | :21:43. | :21:58. | |
guessing he knows who he is. What is more interesting is that is a client | :21:59. | :22:04. | |
copy. It doesn't tell us very much. So it's not come from the inland | :22:05. | :22:10. | |
revenue. It's come from somebody who was sent a copy of that. David is | :22:11. | :22:16. | |
saying it might have come from the president himself. So, David went on | :22:17. | :22:23. | |
rachel-mac die's show, she's a left-leaning commentator. David went | :22:24. | :22:30. | |
on her show and said these came into my inbox and then he speculated that | :22:31. | :22:35. | |
Donald Trump himself may have actually leaked them to him so that | :22:36. | :22:39. | |
they would get out there. There is some history of this. It sounds like | :22:40. | :22:45. | |
a crazy conspiracy theory, but there is a history of Donald Trump | :22:46. | :22:51. | |
bringing up reporters in New York during the 90s pretending to be | :22:52. | :22:58. | |
someone from the Trump empire spreading flattering stories about | :22:59. | :23:03. | |
him. It is possible. It's not beyond around. Not totally beyond the realm | :23:04. | :23:12. | |
of possibility. They look good, those tax returns. It makes you | :23:13. | :23:17. | |
wonder why he didn't release the mole if they all look that good. We | :23:18. | :23:21. | |
will have to wait for more information on that. | :23:22. | :23:59. | |
President Trump will unveil an outline of his budget on Thursday. | :24:00. | :24:02. | |
It will be short on detail, which is why it's nicknamed | :24:03. | :24:05. | |
a "skinny budget", but it should give an indication | :24:06. | :24:07. | |
of how he intends to deliver on his campaign promises. | :24:08. | :24:09. | |
The importance of staying on message can't be underestimated. | :24:10. | :24:11. | |
Just ask the UK Chancellor of the Exchequer, Philip Hammond, | :24:12. | :24:14. | |
who was forced today to scrap a plan to raise National Insurance | :24:15. | :24:16. | |
Contributions for self-employed people, announced in | :24:17. | :24:18. | |
Reducing the unfairness of the difference in the tax | :24:19. | :24:21. | |
treatment of those who are employed and those who are self-employed | :24:22. | :24:24. | |
But this government sets great store in the faith and trust | :24:25. | :24:28. | |
of the British people, especially as we embark | :24:29. | :24:30. | |
on the process of negotiating our exit from the EU. | :24:31. | :24:32. | |
By making this change today, we are listening to our colleagues | :24:33. | :24:35. | |
and demonstrating our determination to fulfil both the letter | :24:36. | :24:37. | |
and the spirit of our manifesto tax commitments. | :24:38. | :24:39. | |
Let's bring in our political correspondent, Alex Forsyth who's | :24:40. | :24:41. | |
A U-turn in the space of the week amounting to ?2 billion. The Cabinet | :24:42. | :24:46. | |
didn't know about it which begs the question is his job under threat? | :24:47. | :24:49. | |
It's a damaging day for him. And to some extent for Theresa May. In the | :24:50. | :24:52. | |
UK, the budget is a big deal and this change to national insurance | :24:53. | :24:55. | |
was right at the centre of Philip Hammond's budget. A week later, he's | :24:56. | :25:00. | |
having to pull back from it and he's left with a financial hole, and he | :25:01. | :25:12. | |
is also accused of incompetence. The Government is entering into Les | :25:13. | :25:16. | |
Brexit negotiations, though not a good date for the Government here in | :25:17. | :25:25. | |
the UK. -- a good day. You are watching 100 Days. | :25:26. | :25:36. | |
We ask why drivers who work at IKEA are living in their cabs and about | :25:37. | :25:48. | |
bringing North Korea into line. If you had the sunshine, no doubt | :25:49. | :26:19. | |
you will be wondering about what a glorious Dave. Gravesend experienced | :26:20. | :26:28. | |
temperatures of 19 Celsius. 17 is the highest Wales have seen this | :26:29. | :26:37. | |
year. On the coast of south Wales however common 9 degrees. Some | :26:38. | :26:41. | |
outbreaks of rain in the north and north-west of Scotland. Some of that | :26:42. | :26:46. | |
reaching into Northern Ireland later. Still some breaks in the | :26:47. | :26:55. | |
cloud. There could be a few mist and fog patches. Into tomorrow and | :26:56. | :27:00. | |
high-pressure has been pushed away by a weather front with outbreaks of | :27:01. | :27:05. | |
rain. Some lighter patchy rain affecting the North of England is as | :27:06. | :27:11. | |
we go to the first part of the morning. Still some sunshine. | :27:12. | :27:27. | |
A spell of heavy rain will move through Scotland before clearing. | :27:28. | :27:42. | |
Sunny spells following, but turning wintry in the Scottish Highlands. A | :27:43. | :27:46. | |
substantial band of rain reaching into the northern England and Wales. | :27:47. | :27:50. | |
The cooler air behind this cold front will filter its way south | :27:51. | :27:55. | |
across the UK during Thursday night. Out of about on Friday morning | :27:56. | :28:03. | |
dropping into low single figures and those showers giving some sleet and | :28:04. | :28:07. | |
snow to relatively low levels in northern Scotland. Rain pushing in | :28:08. | :28:16. | |
from north-west to south-east across the UK for a wet, windy picture to | :28:17. | :28:20. | |
end the week will stop this will continue into the weekend. Wendy, | :28:21. | :28:29. | |
feeling cooler, wetter at times but some dry, brighter moments too. | :28:30. | :30:09. | |
The US Department of Justice has charged two Russian intelligence | :30:10. | :30:17. | |
agents over the theft of data from half a billion Yahoo accounts | :30:18. | :30:20. | |
in one of the largest cyber-attacks in history. | :30:21. | :30:22. | |
The Congressmen, Facebook and a race to Washington. | :30:23. | :30:39. | |
America's new Secretary of State Rex Tillerson has arrived | :30:40. | :30:42. | |
in Asia at the start of a four day tour of the region. | :30:43. | :30:47. | |
The talks - which will take place in Japan, | :30:48. | :30:50. | |
South Korea and finally China - the issue of North Korea | :30:51. | :30:53. | |
and its recent missile launches is top of the agenda. | :30:54. | :30:55. | |
Here with us is Balbina Hwang, a former special advisor | :30:56. | :30:58. | |
to Ambassador Christopher Hill - he was Assistant Secretary of State | :30:59. | :31:01. | |
Thanks very much for coming in. In a way this area of the world | :31:02. | :31:13. | |
represents a microcosm of the challenges that America faces, Japan | :31:14. | :31:17. | |
that is nervous about North Korean missiles landing in the Sea of | :31:18. | :31:21. | |
Japan, South Korea has just had its president ousted, you have got China | :31:22. | :31:24. | |
and Bobigny knows really what the president monster do and then you | :31:25. | :31:30. | |
have got North Korea on top of that, totally rogue and unpredictable. His | :31:31. | :31:35. | |
Rex Tillerson prepared and ready to form US foreign policy in that | :31:36. | :31:40. | |
region? Were on top of that you have basically the engine of the global | :31:41. | :31:44. | |
economy as well, that is at stake. He seems to be a very capable man, | :31:45. | :31:49. | |
one presumes that he has been given a certain set of marching orders and | :31:50. | :31:53. | |
he is visiting at a very critical time. US representatives need to get | :31:54. | :31:58. | |
out there rarely to reassure our most important allies about our | :31:59. | :32:03. | |
future presence and the US's future role and of course to set the stage, | :32:04. | :32:07. | |
for a positive stable relationships with China. It is unclear whether or | :32:08. | :32:12. | |
not he has the manpower and the bureaucratic support because that is | :32:13. | :32:15. | |
still very much in flux. We will see. President chump has rowed back | :32:16. | :32:21. | |
on some of the more inflammatory things, throwing the one China | :32:22. | :32:25. | |
policy in question, suggesting that South Korea and Japan should have | :32:26. | :32:29. | |
nuclear weapons. The White House has wrote back but there is still an | :32:30. | :32:34. | |
issue coming up to the approaches of North Korea. Rex Tillerson says that | :32:35. | :32:38. | |
the State Department needs fresh approaches, he worked in the State | :32:39. | :32:42. | |
Department, are there fresher approaches that the Obama to | :32:43. | :32:47. | |
frustration didn't try. Actually I believe that Obama can illustration | :32:48. | :32:50. | |
did try, but it takes two to tango or walls, or dance. North Korea is | :32:51. | :32:56. | |
the one that is resistant, it was during the Bush years, Obama years | :32:57. | :33:03. | |
and clearly now is willing to stand up to President Trump. I think the | :33:04. | :33:08. | |
United States needs to unhinge frankly the role of China. I think | :33:09. | :33:13. | |
what President Trump's role in the first hundred days shows, is that | :33:14. | :33:19. | |
despite the inflammatory rhetoric, in fact when it comes to Asia he | :33:20. | :33:22. | |
began to quickly understand, that decades-old policies of the US, | :33:23. | :33:28. | |
meaning our stable allies, and being able to have a continued influence | :33:29. | :33:31. | |
that is positive in Asia, he's essentially the way to go for the | :33:32. | :33:36. | |
US. But isn't the point that will always miss about China when it | :33:37. | :33:39. | |
comes to North Korea, that it sees it has a very useful ally, of course | :33:40. | :33:44. | |
it doesn't like Kim Jong-un, it could have a more rational ally, but | :33:45. | :33:49. | |
in a very volatile area, always thinking about conflict with the | :33:50. | :33:53. | |
United States, North Korea is a pretty good buffer? Yes of course | :33:54. | :33:57. | |
but I think North Korea has shown under Kim Jong-un in the last four | :33:58. | :34:02. | |
or five years, then you could test recently have really, they are not | :34:03. | :34:07. | |
really a test President Trump, the really a declaration of independence | :34:08. | :34:11. | |
against China. I wouldn't so much call it an ally has a useful | :34:12. | :34:15. | |
strategic asset for Beijing which is why paging is very reluctant to do | :34:16. | :34:19. | |
very much to see that regime crumbled. And why frankly China is | :34:20. | :34:25. | |
at a very difficult crossroads. Fascinating. | :34:26. | :34:27. | |
Lorry drivers moving goods for Ikea and other retailers | :34:28. | :34:30. | |
in Western Europe are camping out in their cabs for months at a time | :34:31. | :34:33. | |
because they can't afford to live in the countries they're working in. | :34:34. | :34:36. | |
The East European drivers are being paid at the levels they would | :34:37. | :34:39. | |
A judge has described as ''inhumane'' the practice | :34:40. | :34:45. | |
where companies are able to exploit loopholes in European law. | :34:46. | :34:48. | |
In a trailer on the edge of Copenhagen in Denmark, Christian and | :34:49. | :35:00. | |
Amelia have created their own pop-up kitchen. Cooking from scratch says | :35:01. | :35:07. | |
their money. Is this how you want to have your breakfast? I don't want to | :35:08. | :35:11. | |
live like this but this is the condition. He's moving goods for | :35:12. | :35:15. | |
IKEA but they don't employ him. His actual employer is a Slovakian firm. | :35:16. | :35:24. | |
He is paid Slovak wages. European Union employment rules state that a | :35:25. | :35:29. | |
driver temporarily posted away from home should be guaranteed the host | :35:30. | :35:33. | |
nation's minimum rates of pay and conditions. But companies are | :35:34. | :35:39. | |
exploiting loopholes in the law. A Danish driver, can expect to take | :35:40. | :35:43. | |
2200 euros or a month in salary but he has been taking home an average | :35:44. | :35:53. | |
monthly salary of 477 euros or ?418 a month. This is my home, this is | :35:54. | :36:03. | |
how I live, this is my bed, he I sleep. Danish tribes go home every | :36:04. | :36:07. | |
couple of weeks but he spends up to four months on road. His company say | :36:08. | :36:14. | |
that he is responsible for taking his rest breaks and the company says | :36:15. | :36:20. | |
he can go home when ever he likes. He has just driven some IKEA stock | :36:21. | :36:24. | |
from Denmark into Sweden, he only ever works in Western Europe, | :36:25. | :36:28. | |
sometimes it might be Germany or Norway. He is being paid as if he | :36:29. | :36:32. | |
was driving in Slovakia, yet he never works there. This is the | :36:33. | :36:37. | |
biggest IKEA Tryster but centre in the world. It is in Dortmund in | :36:38. | :36:44. | |
Germany. In front is a truck park turned campsite. Trade unions accuse | :36:45. | :36:49. | |
IKEA of turning a blind eye to how haulage companies treat their | :36:50. | :36:55. | |
drivers. IKEA would say this is many different layers of companies | :36:56. | :36:57. | |
operating his contract and they cannot be expected to know. Yes but | :36:58. | :37:04. | |
these guys, the Moldovan and Polish guys, they remove the furniture from | :37:05. | :37:09. | |
IKEA. They touch the furniture, how can you deny it is IKEA. How can you | :37:10. | :37:17. | |
deny what is being paid? Yes. In a statement IKEA say that they take | :37:18. | :37:20. | |
the reports very seriously. It is not just IKEA and the big | :37:21. | :37:30. | |
retailers that are in the firing line, Europe's politicians are also | :37:31. | :37:35. | |
under pressure to act to stop any further deterioration in the working | :37:36. | :37:43. | |
conditions of Europe's drivers. I think a lot of people to have been | :37:44. | :37:47. | |
driving around Europe recently will identify with that. You often see | :37:48. | :37:50. | |
lorry drivers living in tight conditions. | :37:51. | :37:55. | |
Janet Yellen, the head of the Federal Reserve, | :37:56. | :37:57. | |
It's the first rise of 2017 with more expected. | :37:58. | :38:01. | |
The decision will have an impact on the business landscape | :38:02. | :38:03. | |
here in the US and of course, will also have a ripple effect globally. | :38:04. | :38:06. | |
Scott Shellady is a Chicago based stock broker who is currently | :38:07. | :38:09. | |
in London getting ready to make the most of the opportunities that | :38:10. | :38:12. | |
I recently saw him on a rival network and I spotted the jacket. | :38:13. | :38:18. | |
That is why you are there, I thought I have got to get the jacket onto | :38:19. | :38:23. | |
100 days. You are called on Twitter the cowman. Why are you in the | :38:24. | :38:29. | |
jacket? It is a cultural background, my father had a farm, and he did the | :38:30. | :38:33. | |
job that I did before the media and the big-money was in the market and | :38:34. | :38:39. | |
he walks it so that everyone was reminded that there was an economic | :38:40. | :38:43. | |
function, not just ambling. I took it on to keep the game rolling and | :38:44. | :38:47. | |
then the big-money and the big media came in and everybody wanted to know | :38:48. | :38:50. | |
what the money is with the cow jacket. You work in futures, so | :38:51. | :38:55. | |
Tommy, we have got a lot of elections in Europe at the moment, | :38:56. | :38:59. | |
are you watching the Dutch election as a bellwether of what his game to | :39:00. | :39:04. | |
happen in France and Germany? Absolutely, we voted with our feet | :39:05. | :39:08. | |
as a firm, obviously we know what happened in June last year with | :39:09. | :39:13. | |
Brexit and then with Donald Trump in November and then the ball has come | :39:14. | :39:17. | |
back with the Dutch and then the French and the Germans. Sir as a | :39:18. | :39:20. | |
firm we think there is an opportunity here, we don't see | :39:21. | :39:25. | |
Brexit, or nationalism or populism as per se as being a bad thing for | :39:26. | :39:29. | |
this country or anybody else. It is going to be to marchers, there is | :39:30. | :39:33. | |
going to be turmoil and that is what you like in the markets first thing. | :39:34. | :39:36. | |
But also having your own sovereignty is not a bad thing. We have come | :39:37. | :39:40. | |
over here because we think this will be an opportunity, I was here when | :39:41. | :39:43. | |
we had a bunch of different currencies and now it is just back | :39:44. | :39:47. | |
to one and Demi will go back to in a currency so we'll see what happens. | :39:48. | :39:53. | |
This is a terribly exciting time. So let us get this clear, you are a | :39:54. | :39:57. | |
financial services person coming to London when the rest are coming to | :39:58. | :40:01. | |
the hills? Absolutely, I think there is a great opportunity and we know | :40:02. | :40:05. | |
that there is some nervousness but at the end of the day no one can | :40:06. | :40:08. | |
punish you for being in charge of your own sovereignty. That shouldn't | :40:09. | :40:14. | |
be the case. Like everybody else who deals in financial markets you are | :40:15. | :40:17. | |
very happy with the way things have gone since Tom Trump was elected. Do | :40:18. | :40:22. | |
you have any concerns that we are looking at a bubble here in the US | :40:23. | :40:26. | |
in financial markets and that this is something that could end badly | :40:27. | :40:32. | |
that we are on a sugar high? I think things have been so bad for so long | :40:33. | :40:35. | |
that we have got to unleash some animal spirits. I don't like to see | :40:36. | :40:39. | |
things go straight up all of the time, that is not healthy, but could | :40:40. | :40:45. | |
we have a 2% of 5% retrenching, yes. But we have almost gone up in a | :40:46. | :40:49. | |
straight line so nothing is healthy that does that. We will retrench and | :40:50. | :40:53. | |
that would be good going forward. At the end of the day we are still | :40:54. | :40:58. | |
trading on a bit of hope, we are on fumes and we need to see those | :40:59. | :41:01. | |
policies come through and the rubber meets the road. If you things are | :41:02. | :41:04. | |
but we are going to need a lot more to sustain the market at these | :41:05. | :41:13. | |
levels. Did you really just say hopium? Decided. You are a | :41:14. | :41:18. | |
Republican, you didn't initially planned for Donald Trump at you | :41:19. | :41:21. | |
thought he was the best bet once he got the ticket? Yes if you are for | :41:22. | :41:25. | |
lower tax and better regulation, less regulation then by default and | :41:26. | :41:32. | |
he is who is at the party. To another degree, that is how he gets | :41:33. | :41:37. | |
to his core base, Twitter. To be honest, after what we saw what | :41:38. | :41:40. | |
happened with a lot of folks being in bed with the media and | :41:41. | :41:44. | |
underhanded things happening, that is one true way that he can get to | :41:45. | :41:48. | |
his people and have it be his words. Part of me understand, but maybe he | :41:49. | :41:53. | |
should be a bit more judicious. We are out of time, will you come back | :41:54. | :41:58. | |
and see us? Absolutely. We will join him on the Chicago trading floor. | :41:59. | :42:03. | |
Chris and I want to get to this before the end of the day, we | :42:04. | :42:08. | |
mentioned this odd couple, costs Texas congressman, a Democrat and a | :42:09. | :42:12. | |
Republican have been live streaming their journey from San Antonio to | :42:13. | :42:16. | |
Washington. There has been a lot of political talk and doughnuts. There | :42:17. | :42:27. | |
you go. Thank you. That is a good doughnut. They decided to share a | :42:28. | :42:33. | |
car after their flights to Washington were cancelled because of | :42:34. | :42:36. | |
the snowstorm in the north-east there are currently rushing to make | :42:37. | :42:39. | |
it back so they can cast their votes on the house floor in a queue as | :42:40. | :42:45. | |
time. Breaking news, their GPS party tells them they are going to arrive | :42:46. | :42:50. | |
here in Washington at 6:20pm, that vote is scheduled for 6:30pm. If it | :42:51. | :42:55. | |
was me driving I would be a bit concerned. Brent, that is it for 100 | :42:56. | :43:01. | |
days, join us again at the same time tomorrow, from Cathy and me, goodbye | :43:02. | :43:03. | |
for now. | :43:04. | :43:14. |