Browse content similar to 14/10/2016. Check below for episodes and series from the same categories and more!
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This is Business Live from BBC News, with Aaron Heslehurst | :00:12. | :00:13. | |
The world's fastest growing greenhouse gases are set to be | :00:14. | :00:16. | |
banned at an international conference in Kigali. | :00:17. | :00:18. | |
Live from London, that's our top story on Friday the 14th | :00:19. | :00:21. | |
HFCs are vital to air conditioning and refrigeration. | :00:22. | :00:41. | |
But as the deal is closed, can developing economies like India | :00:42. | :00:44. | |
delay the restrictions to grow their economies? | :00:45. | :00:46. | |
Also in the programme, burning a hole in their pocket - | :00:47. | :00:48. | |
Samsung says it expects the Note seven write-off to cost it | :00:49. | :00:51. | |
The total cost for Samsung, 5.3 billion. | :00:52. | :01:06. | |
We'll have our very own Rory Cellan-Jones on set, | :01:07. | :01:10. | |
talking us through exploding smartphones and the wack | :01:11. | :01:12. | |
Plus, flying doctors - but not as you know them. | :01:13. | :01:23. | |
The world's first commercial regular drone delivery service is beginning | :01:24. | :01:25. | |
The blood they carry will cut the waiting times in hospitals | :01:26. | :01:29. | |
Today we want to know what else would you have drones deliver? | :01:30. | :01:33. | |
Tweet us using the hashtag #bbcbizlive. | :01:34. | :01:45. | |
It is Friday, welcome to the programme. Let's take a look at the | :01:46. | :01:55. | |
hydrofluorocarbons. They are gases that make a big impact on global | :01:56. | :02:00. | |
warming but a meeting of more than 150 countries in Rwanda -- Uganda's | :02:01. | :02:08. | |
capital Kigali is expected to announce a ban on them. They are | :02:09. | :02:13. | |
widely used in refrigeration, air conditioning, aerosols. If their use | :02:14. | :02:21. | |
isn't reduced, HFCs could end up causing 20% of emissions which | :02:22. | :02:24. | |
Increasing demand for refrigeration Increasing demand for refrigeration | :02:25. | :02:29. | |
and global warming in economies like India have seen the use of HFCs up | :02:30. | :02:38. | |
by some 10-15%. It is thought that it could make a 0.5 difference to | :02:39. | :02:43. | |
global warming, which would certainly be a sizeable | :02:44. | :02:49. | |
contribution. Let's speak to our environment correspondent. 150 | :02:50. | :02:55. | |
countries, that is a lot to get them to agree on something. Is it really | :02:56. | :03:03. | |
likely to happen? It is likely to happen but maybe not today. There | :03:04. | :03:06. | |
are quite a few differences between the countries. Everyone is agreed on | :03:07. | :03:11. | |
the printable, the removal of HFCs or the phasing out of them over the | :03:12. | :03:16. | |
next 20 years or so. The exact date, that is when the tough negotiations | :03:17. | :03:19. | |
are beginning and that is a question of India and some countries against | :03:20. | :03:23. | |
the United States and Europe and some African countries. The US wants | :03:24. | :03:27. | |
an early date, they want to get rid of these as soon as possible. The | :03:28. | :03:32. | |
European Union wants to reduce them by 40% by 2018. On the other hand, | :03:33. | :03:36. | |
India want to keep these gases going and the Gulf state, which have very | :03:37. | :03:41. | |
high temperatures, they say they have no faith in the replacement one | :03:42. | :03:45. | |
so far. There's a lot of hard talking to be done here and they are | :03:46. | :03:49. | |
likely to get a deal. It will be some sort of compromise. It will be | :03:50. | :03:55. | |
a good fund to help the countries like India to adapt. Secretary of | :03:56. | :04:00. | |
State John Kerry is here and it's likely leave going to help forge | :04:01. | :04:07. | |
that later today. -- help forge that deal. | :04:08. | :04:12. | |
Julian Newman is the campaigns director at the Environmental | :04:13. | :04:14. | |
Welcome to the programme. These emissions are dwarfed by global | :04:15. | :04:24. | |
emissions of CO2, so why are we so worried about them? It's probably | :04:25. | :04:33. | |
the most cost efficient strategy available to us. If we take action, | :04:34. | :04:37. | |
we can avoid half a degree of global warming and it can be done, so the | :04:38. | :04:41. | |
alternatives are there. First we were cracking down on CFCs, then | :04:42. | :04:56. | |
HCFCs, now HFCs. Natural refrigerants are a perfect | :04:57. | :05:02. | |
substitute for HFCs, they are growing in number and they are | :05:03. | :05:07. | |
available. We need to transition away from HFCs to more natural | :05:08. | :05:11. | |
chemicals which are more benign to the environment but still gives the | :05:12. | :05:17. | |
cooling that we need. And getting more developing economies to use | :05:18. | :05:22. | |
those. You can only imagine that people are going to be buying | :05:23. | :05:31. | |
machines with them. The key is to help countries transition away from | :05:32. | :05:40. | |
those options. The system is there, it works. We need to apply that | :05:41. | :05:47. | |
thinking and logic to the climate change issue now. You need some | :05:48. | :05:52. | |
serious injuries and is to get countries like India on-board camera | :05:53. | :05:56. | |
is a bit of money going to be enough? I think ultimately this is a | :05:57. | :05:59. | |
phase down where going to talk about, it's not like it's going to | :06:00. | :06:05. | |
happen overnight. The time to do it is now otherwise they will go down a | :06:06. | :06:14. | |
technological cul-de-sac where these are not allowed any more. They have | :06:15. | :06:17. | |
to be backed up with financial assistance. Do you believe this is | :06:18. | :06:22. | |
what is going to happen, they will be banned? I believe a deal will be | :06:23. | :06:27. | |
worked out. Some countries want it to take longer but I'm confident | :06:28. | :06:30. | |
there will be a deal today in Kigali. We're really hopeful it will | :06:31. | :06:36. | |
take place in the next day or so. Thanks very much, have a good | :06:37. | :06:42. | |
weekend. Let's touch on some of the other stories making the headlines | :06:43. | :06:43. | |
around the world. HP Incorporated, the hardware | :06:44. | :06:46. | |
business of former tech giant Hewlett-Packard, | :06:47. | :06:48. | |
is cutting between 3000 and 4000 Hewlett Packard was split up | :06:49. | :06:50. | |
into two parts - effectively the profitable, growth part, | :06:51. | :06:54. | |
which is the cloud computing side, and the struggling part | :06:55. | :06:57. | |
of the business, PCs and printers. Shares are down 1.3% | :06:58. | :06:59. | |
in extended trading. The US telecoms firm Verizon says | :07:00. | :07:12. | |
Yahoo's massive data breach could have a material impact | :07:13. | :07:15. | |
on its deal to buy the firm. Back in July it agreed to buy | :07:16. | :07:17. | |
the biggest parts of the business Since then, Yahoo revealed | :07:18. | :07:21. | |
that hackers stole data Many wondering whether Verizon might | :07:22. | :07:24. | |
look to reduce the price or even It's not a day if we don't mention | :07:25. | :07:28. | |
Samsung! Samsung expects further blows | :07:29. | :07:44. | |
to its profits from the withdrawal of the Note 7 phone, | :07:45. | :07:48. | |
saying revenue will be affected The tech giant had already revised | :07:49. | :07:50. | |
down its third quarter On Friday, it said it expected | :07:51. | :07:54. | |
an additional negative impact Debts on top, that is the total, 5.3 | :07:55. | :08:14. | |
billion. That's what they're saying. Steve, good to see you. It's a chunk | :08:15. | :08:20. | |
of change, but it ain't going to kill off Samsung's smartphone | :08:21. | :08:25. | |
business, is it? No, it's about 10% of annual profits. It is a dent, | :08:26. | :08:31. | |
certainly. The big question will be whether the brand is damaged beyond | :08:32. | :08:33. | |
the current quantifiable costs. The the current quantifiable costs. The | :08:34. | :08:37. | |
first quarter costs are just the cost of getting the recall, paying | :08:38. | :08:42. | |
back the customers, two and a half million customers who bought the | :08:43. | :08:46. | |
thing, they want their money back. And then the second tranche of cost | :08:47. | :08:51. | |
is the foregone sales. Samsung reckons it would have sold something | :08:52. | :08:56. | |
like 15,000,000-17,000,000 of the devices and those sales are | :08:57. | :09:03. | |
foregone. Some of those make Samsung products but others will go to | :09:04. | :09:09. | |
Apple. The unknowable is the cost to the brand and that will be longer | :09:10. | :09:12. | |
term and that will be the crucial one. Thanks for the update, much | :09:13. | :09:15. | |
appreciated. Guess who makes the chips for the | :09:16. | :09:28. | |
Apoel phones? Samsung! -- for the Apple phones. | :09:29. | :09:30. | |
Asian stocks and the dollar bounced on Friday, erasing some losses | :09:31. | :09:33. | |
from the previous day, because we saw some | :09:34. | :09:34. | |
stronger-than-expected Chinese inflation numbers eased some | :09:35. | :09:36. | |
concerns about the health of the world's second-biggest economy. | :09:37. | :09:38. | |
Remember yesterday we saw weak export numbers from China - | :09:39. | :09:40. | |
But this price increase, the higher inflation in China | :09:41. | :09:45. | |
will be good news for profits and for Beijing as the government | :09:46. | :09:48. | |
struggles to reduce a mountain of corporate debt. | :09:49. | :09:51. | |
Not a lot driving the London and European markets. | :09:52. | :09:55. | |
We are keeping an eye on a bit of a sell-off in basic resources | :09:56. | :09:58. | |
stocks because metal prices fell following poor that weaker | :09:59. | :10:00. | |
And Michelle Fleury has the details about what's ahead | :10:01. | :10:06. | |
American banks are under the microscope this Friday, less than 48 | :10:07. | :10:18. | |
hours after replacing John stumped as chief executive of Wells Fargo, | :10:19. | :10:26. | |
Tim Sloan will have to face investigations... Low interest rates | :10:27. | :10:31. | |
are generally making it harder for banks to make money and that is | :10:32. | :10:35. | |
likely to be reflected in the latest quarterly results from JP Morgan | :10:36. | :10:43. | |
Chase and Citigroup. JP Morgan is expected to report a decline in | :10:44. | :10:52. | |
third quarter earnings. On the economic front, September's retail | :10:53. | :10:56. | |
sales figures should offer a glimpse into how American consumers are | :10:57. | :10:57. | |
faring. Tom Stevenson is investment director | :10:58. | :10:58. | |
at Fidelity International. He joins us now in the studio. Good | :10:59. | :11:08. | |
morning. Let's start with the pound, it's hardly been out of the news | :11:09. | :11:12. | |
this week, the British pound. What is going on and do you think it can | :11:13. | :11:17. | |
go any lower? That is the consensus trade at the moment, that the pound | :11:18. | :11:24. | |
is going to go lower. Expectations are that it could fall as lower as | :11:25. | :11:29. | |
$1 15. 30 years ago we were down as low as $1 05 to the pound. I think | :11:30. | :11:36. | |
differently, I think for various reasons the pound has probably | :11:37. | :11:41. | |
fallen far enough. 20 years ago it was worth $1.71. If you look at | :11:42. | :11:48. | |
Falls in the pound since the Second World War, there have been many that | :11:49. | :11:52. | |
they tend to end after about 30%. It feels as though this one may have | :11:53. | :11:57. | |
run its course. But the landscape has completely changed. It's | :11:58. | :12:00. | |
difficult to look at historical data and try to apply it to the future, | :12:01. | :12:03. | |
given that we have this huge cloud of uncertainty over Brexit. Well, we | :12:04. | :12:13. | |
haven't always been in the EU. I'm angry at this because it's not | :12:14. | :12:16. | |
justified. The economic numbers are still pretty solid for the UK? They | :12:17. | :12:21. | |
are pretty solid and if you look at the purchasing power of the pound, | :12:22. | :12:24. | |
if you compare it with the dollar on a purchasing parity basis, some | :12:25. | :12:29. | |
people say it's about 15% oversold so it is actually cheap against the | :12:30. | :12:36. | |
dollar. You pick the paper stories today, didn't you? I did, hope you | :12:37. | :12:44. | |
like them! Still to come, we look at this week's biggest tech stories. | :12:45. | :12:49. | |
We'll be talking virtual reality and have more on Samsung's | :12:50. | :12:51. | |
smartphone woes in a few minutes' time. | :12:52. | :12:53. | |
You're with Business Live from BBC News. | :12:54. | :12:57. | |
Issues surrounding the supply of leading brands including Marmite | :12:58. | :13:01. | |
The supermarket giant and the UK's largest food manufacturer, Unilever, | :13:02. | :13:05. | |
had been locked in a battle over wholesale prices. | :13:06. | :13:07. | |
But the BBC understands that Unilever has given some ground, | :13:08. | :13:09. | |
A storm in a Pot Noodle! CHUCKLES | :13:10. | :13:22. | |
Sean Farrington is at a shampoo factory in Bury, where they've seen | :13:23. | :13:25. | |
an increase in the cost of raw materials. | :13:26. | :13:33. | |
Yes, I'm here at this health and beauty factory near Bury in Greater | :13:34. | :13:41. | |
Manchester, where Face in Nature are making bottles filled with shampoo. | :13:42. | :13:45. | |
Here's a view stuck on the supply line at the minute. We're talking | :13:46. | :13:49. | |
about the ingredients and the cost to the business of that. After the | :13:50. | :13:54. | |
Tesco Unilever debate yesterday, how much of an effect does it make when | :13:55. | :13:57. | |
the pound gets weaker and the costs go up? Here, 60% of being greedy and | :13:58. | :14:03. | |
is in this bottle from the UK but a third are from abroad, so costs for | :14:04. | :14:08. | |
that are going to go up as that pound gets weaker over the last few | :14:09. | :14:12. | |
months. It's not just costs going up when the pound weakens, this company | :14:13. | :14:17. | |
exports a lot, just got a deal with the United States. It means that | :14:18. | :14:20. | |
exporting as a lucky easier for them because for people in America, the | :14:21. | :14:23. | |
goods here are cheaper than they were before. When it comes down to | :14:24. | :14:29. | |
prices, what is going to happen at the tills? Suppliers like these have | :14:30. | :14:32. | |
to persuade supermarkets at some point to take on a bit more of those | :14:33. | :14:37. | |
price rises if they can't take them on themselves. The supermarkets have | :14:38. | :14:41. | |
to make the decision which we saw yesterday Tesco were reluctant to do | :14:42. | :14:44. | |
about passing that cost on to consumers. We haven't seen much of | :14:45. | :14:48. | |
that done at the moment but that could be coming in the coming | :14:49. | :14:49. | |
months. Let's see what's going on on the | :14:50. | :14:58. | |
life page. One of the stories that has been there all week is the | :14:59. | :15:03. | |
pound, it is falling again after the president of the opinion Council, | :15:04. | :15:07. | |
Donald Tusk, and the French finance minister, some of their comments, | :15:08. | :15:10. | |
saying there is only a hard accident or no Brexit, as far as he is | :15:11. | :15:15. | |
concerned -- the president of the European Council, Donald Tusk. | :15:16. | :15:19. | |
A pharmacy company has talked to Radio 4's Today Programme saying | :15:20. | :15:24. | |
they might have too reduced staff, cut services or close altogether if | :15:25. | :15:28. | |
the Government goes ahead with planned cuts on payments to the | :15:29. | :15:33. | |
agency, according to the chair of the Pharmacy Voice. | :15:34. | :15:35. | |
An international deal to tackle global warming by phasing out | :15:36. | :15:39. | |
the use of potent greenhouse gases is expected to be reached today. | :15:40. | :15:42. | |
HFCs are a key component in fridges, air conditioners and aerosols. | :15:43. | :15:48. | |
Even has spray! I don't use any has spray! HFC cars, | :15:49. | :15:58. | |
what do they stand for? Hydrofluorocarbons. Good girl. | :15:59. | :16:03. | |
We've had a potentially game changing product released from Sony | :16:04. | :16:12. | |
that could make the world of virtual reality more accessible. | :16:13. | :16:17. | |
And Samsung has had a rotten couple of days - | :16:18. | :16:19. | |
and as we heard earlier in the programme they will see | :16:20. | :16:22. | |
billions go up in flames over the exploding Galaxy Note 7 phone. | :16:23. | :16:25. | |
Our tech guru Rory Cellan-Jones is here. | :16:26. | :16:28. | |
Happy Friday, good to see you. I am always amazed, she is a very patient | :16:29. | :16:39. | |
woman excavation before we came to, Rory said mention washing machines. | :16:40. | :16:47. | |
That is all I will mention. Take it away. This is a huge blow to | :16:48. | :16:52. | |
its mobile phone division. Samsung makes an awful lot more than mobile | :16:53. | :16:56. | |
phones. That is the huge profit generator, but it is very proud of | :16:57. | :17:00. | |
its consumer devices. It has a new washing machine where you can add an | :17:01. | :17:06. | |
stuff at a late stage. My wife said to me the other day... You mean | :17:07. | :17:12. | |
clothes? It has a little draw that you can add stuff into. My wife said | :17:13. | :17:16. | |
to me the other day... I said to her, we had forgotten to put | :17:17. | :17:21. | |
something in, I said, we can get one of those and she said, yes, but it | :17:22. | :17:25. | |
might catch fire. It is a story about how the wider contagion can | :17:26. | :17:32. | |
take place. The other thing we have had in recent weeks is people | :17:33. | :17:37. | |
getting on an aircraft, the first thing the captain says is that if | :17:38. | :17:40. | |
you have a Samsung phone, they don't even say a Samsung note seven, turn | :17:41. | :17:45. | |
it off now. But causes damage to the brand. I have seen one major UK | :17:46. | :17:49. | |
mobile operator this week sending out a poll to its customers asking | :17:50. | :17:52. | |
them how they feel about Samsung products. That is the issue we had | :17:53. | :17:57. | |
to deal with. I am sure they will deal with it. It is a question of | :17:58. | :18:03. | |
how long memories are about this. But before we move on, the quirky | :18:04. | :18:08. | |
thing about this is Steve Evans that we were talking to earlier, they | :18:09. | :18:15. | |
will lose the sales of the note seven, that has gone, maybe people | :18:16. | :18:19. | |
will not buy another Samsung product, maybe they will buy Apple | :18:20. | :18:23. | |
microproducts, but who makes the chips for them? Samsung will still | :18:24. | :18:31. | |
win. They make chips for Apple. Let's not underestimate... In the | :18:32. | :18:35. | |
catalogue of corporate crises, Corbridge recalled, this is pretty | :18:36. | :18:38. | |
big. Let's talk about Sony. -- in the | :18:39. | :18:46. | |
catalogue of corporate crises, corporate recalls. | :18:47. | :18:50. | |
We have a proper! This is what you get up to in your spare time! Sony | :18:51. | :18:57. | |
has joined the virtual reality race with the PlayStation VR headset. I | :18:58. | :19:02. | |
know it is kind of cool, but will people buy it? This is a big moment | :19:03. | :19:06. | |
for virtual reality. In Las Vegas we have seen a lot of money going into | :19:07. | :19:11. | |
it, lots of projections about what the industry might own. The first | :19:12. | :19:27. | |
global player is getting involved. It has got a ready-made audience. We | :19:28. | :19:31. | |
will now find out what the appetite for it is. It is fantastic, it is a | :19:32. | :19:38. | |
very immersive experience. I was under water with sharks attacking me | :19:39. | :19:41. | |
the other day, which is fun. My question is that the first audience | :19:42. | :19:46. | |
is called gamers, the people mad about gaming. The trouble is that | :19:47. | :19:50. | |
enough anyway, they are quite conservative. They like the way the | :19:51. | :19:54. | |
game 's experience works now, they like playing online. When other, | :19:55. | :19:58. | |
quote, gimmicks have come in, you think about the Xbox Kinect, which | :19:59. | :20:05. | |
was a brilliant gadget, Sony has something similar, which allows you | :20:06. | :20:11. | |
to control games, lots of the core gamers were sniffy about that. So | :20:12. | :20:15. | |
the idea is how quickly they can get this to the mass audience beyond the | :20:16. | :20:20. | |
core gamers. There are lots of industrial applications beyond | :20:21. | :20:24. | |
gaming. People are using it in all sorts of contexts, psychiatrists | :20:25. | :20:27. | |
using virtual reality to cure people of phobias. Lots of fascinating uses | :20:28. | :20:32. | |
but still a bit programme. Nobody really knows what sort of | :20:33. | :20:35. | |
game or experience will crack or drive this market. That seems to be | :20:36. | :20:39. | |
the problem. I was talking to a games expert | :20:40. | :20:43. | |
yesterday, saying one of the problems is that at the start, they | :20:44. | :20:46. | |
are taking existing games and modifying them for VR, what you need | :20:47. | :20:50. | |
is to build them for virtual reality, which is a company the | :20:51. | :20:54. | |
different medium from the ground up. This ability to have the whole world | :20:55. | :21:02. | |
around you is very different from looking straight ahead at a screen, | :21:03. | :21:06. | |
which is traditional gameplay. We don't have a lot of time, but you | :21:07. | :21:11. | |
and I on one of my other programmes yesterday were talking about | :21:12. | :21:14. | |
Microsoft's product, briefly explain that. A real-world application? | :21:15. | :21:19. | |
There is virtually a litany, and there is something which some people | :21:20. | :21:25. | |
call augmented reality, Microsoft calls it mixed reality. It has a | :21:26. | :21:28. | |
headset which imposes virtual objects on a real world, you see | :21:29. | :21:32. | |
virtual objects on the real world. It has a very different approach. It | :21:33. | :21:37. | |
is going to business customers in the enterprise world, very | :21:38. | :21:40. | |
expensive, it is just testing it in the enterprise world before it | :21:41. | :21:44. | |
attempts to talk to consumers. Always a pleasure, have a great | :21:45. | :21:45. | |
weekend. Rwandan doctors stranded | :21:46. | :21:50. | |
without vital blood supplies Help is coming from the skies - | :21:51. | :21:52. | |
drone deliveries. They will deliver blood | :21:53. | :21:56. | |
to far-flung clinics, bypassing traffic or washed-out | :21:57. | :21:58. | |
roads in the nation dubbed The Land The small packages attached | :21:59. | :22:01. | |
to parachutes without needing to land at the delivery | :22:02. | :22:07. | |
points before returning. This could be of the drone that | :22:08. | :22:25. | |
catapults Rwanda and possibly the world into a faster way to deliver | :22:26. | :22:30. | |
goods. You started Is applying has discovered a fixed weight drone that | :22:31. | :22:36. | |
can automatically fly to its destination using satellite | :22:37. | :22:39. | |
navigation, to 75 kilometres away. -- US started up Zipline has | :22:40. | :22:47. | |
discovered. This is the package delivers, it | :22:48. | :22:52. | |
comes down on what was not a brilliantly operational parachute I | :22:53. | :22:55. | |
guess. It looks like it has come apart. But this is biodegradable, a | :22:56. | :22:59. | |
one-time use. They don't need to worry about the environmental impact | :23:00. | :23:05. | |
of using this. Inside is the life-saving package. This is the | :23:06. | :23:11. | |
blood that will be used by surgeons, possibly to save someone's why. It | :23:12. | :23:16. | |
is extremely well wrapped up, as you can see. -- to save someone's life. | :23:17. | :23:23. | |
You definitely do not want it to spell! | :23:24. | :23:23. | |
It is absolutely amazing. Off the back of the Samsung story, | :23:24. | :23:35. | |
and his Ollett aeroplane, a south-western passenger had a phone, | :23:36. | :23:41. | |
it was on fire. Rory mentioning that pilots in the US mentioned you have | :23:42. | :23:45. | |
a Samsung phone, turn it off. Three airlines in the US are beefing up | :23:46. | :23:52. | |
their fireproofing? These airlines will carry flameproof | :23:53. | :23:55. | |
bag so that if one of these bikes does go up in flames, they can be | :23:56. | :24:02. | |
zipped up and these bags contain enormous heat. -- if one of these | :24:03. | :24:06. | |
phones does go up in flames. One interesting thing about these folks, | :24:07. | :24:09. | |
what phones are being asked to do these days is so enormous that the | :24:10. | :24:14. | |
batteries have to be so incredibly powerful. That is why they are using | :24:15. | :24:18. | |
these lithium batteries, very small, very light and powerful. They get | :24:19. | :24:22. | |
very hot. These phones are so small that they are close to other things | :24:23. | :24:27. | |
which go up in flames. It is a dangerous mixture. | :24:28. | :24:31. | |
Are never quite different smartphone story, the Wall Street Journal. -- | :24:32. | :24:38. | |
another quite different smartphone story. You would think that | :24:39. | :24:42. | |
technology is the equaliser, but in India it is driving a cultural | :24:43. | :24:46. | |
divide between men and women? In India there is a normal -- an | :24:47. | :24:51. | |
enormous divide between the number of men that own mobile phones, and | :24:52. | :24:56. | |
the number of women. Around 100 million more Indian men have a | :24:57. | :25:00. | |
mobile phone than women. This is a cultural issue, parents, fathers, | :25:01. | :25:07. | |
not wanting their daughters to have mobile phones because they see it as | :25:08. | :25:11. | |
a means of them talking to boys and generally being disruptive for their | :25:12. | :25:19. | |
cultural lives. That is interesting. It is a big problem for the Indian | :25:20. | :25:25. | |
economy. If you are holding women back from access to all this | :25:26. | :25:29. | |
information, already the number of women in the workforce in India is | :25:30. | :25:35. | |
falling, down at 27%. It was over 33%. It is an economic problem as | :25:36. | :25:40. | |
well as a cultural and social one, I think. | :25:41. | :25:43. | |
We will not have time for the last one. Thank you very much, Tom. Great | :25:44. | :25:48. | |
to have you on the programme. Take care. | :25:49. | :25:50. | |
Plenty more throughout arrest of the day. Goodbye. | :25:51. | :26:08. | |
It has been a fairly grey start to the day, we have had showery breaks | :26:09. | :26:14. | |
of rain already. Things tending to feel fairly autumnal and unsettled | :26:15. | :26:16. | |
as we had through today | :26:17. | :26:18. |