Browse content similar to 18/05/2017. Check below for episodes and series from the same categories and more!
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This is Business Live from BBC News with Ben Thompson and Sally Bundock. | :00:09. | :00:12. | |
Global market turmoil intensifies with Wall Street | :00:13. | :00:18. | |
experiencing its worst day since the presidential election. | :00:19. | :00:22. | |
Live from London, that's our top story on Thursday 18 May. | :00:23. | :00:40. | |
Stock markets around the world are nervous that the political | :00:41. | :00:42. | |
controversy around President Trump will overshadow his | :00:43. | :00:45. | |
Also in the programme - Alibaba heads West. | :00:46. | :00:58. | |
China's 300 billion dollar e-commerce giant looks to America - | :00:59. | :01:00. | |
And this is what the numbers look like at the start of trade in Europe | :01:01. | :01:08. | |
as that Trump Slump rolls around the world. | :01:09. | :01:10. | |
We hear how the man behind Regus serviced offices turned his quest | :01:11. | :01:17. | |
to find a flexible workspace into a multi-billion dollar empire. | :01:18. | :01:20. | |
And if you struggle with recycling, you're not alone. | :01:21. | :01:24. | |
The worst products to recycle have been named and shamed - | :01:25. | :01:33. | |
so we want to know what are your recycling frustrations? | :01:34. | :01:36. | |
Get in touch use the hashtag #BBC Biz Live. | :01:37. | :01:47. | |
Send us your comments about that. My question is whether you can put | :01:48. | :01:56. | |
envelopes in recycling if they have the plastic window? | :01:57. | :01:59. | |
For months, optimism about the Trump presidency has been powering | :02:00. | :02:03. | |
But late on Wednesday the Trump bump turned into the Trump slump - | :02:04. | :02:09. | |
as US stocks and the Dollar suffered their worst day | :02:10. | :02:12. | |
It's down to growing concern that the President's promised tax | :02:13. | :02:15. | |
cuts and pro-business reforms may never materialise, | :02:16. | :02:17. | |
as the White House battles one controversy after another. | :02:18. | :02:19. | |
The Dow Jones industrial average fell 372 points, | :02:20. | :02:24. | |
and both the Dow and S 500 suffered their worst falls | :02:25. | :02:29. | |
The Nasdaq had its biggest loss for almost a year. | :02:30. | :02:42. | |
That is what markets are looking like. We will talk more about the | :02:43. | :02:53. | |
dollar in a moment. The last time the Nasdaq fell this much was when | :02:54. | :02:58. | |
the UK voted for Brexit. This is the US dollar against ten | :02:59. | :03:07. | |
leading currencies over the last year put up it has lost all of its | :03:08. | :03:11. | |
game since Donald Trump became president and is now back to where | :03:12. | :03:15. | |
it was last November. Look at the spike and fall away again. | :03:16. | :03:19. | |
Our economics editor Kamal Ahmed is here. | :03:20. | :03:23. | |
Thank you for being with us in the studio. We were anticipating this | :03:24. | :03:30. | |
rally would not go on and on but the political turmoil has really | :03:31. | :03:34. | |
intensified in the last 48 hours with regards to President Trump. | :03:35. | :03:39. | |
That was the trigger. What has been happening is there have been some | :03:40. | :03:43. | |
headwinds growing against this exuberance that was in place after | :03:44. | :03:48. | |
Donald Trump was elected with this big promise about tax reform, | :03:49. | :03:56. | |
appropriateness agenda, doubling gross in America. -- a pro business | :03:57. | :04:01. | |
agenda. There was inability in the White House to drive through | :04:02. | :04:06. | |
legislation in the houses in Congress. They were both run by | :04:07. | :04:10. | |
Republicans. That reform failed. There was a wobble around that. Then | :04:11. | :04:15. | |
were the weakest in three years. Has were the weakest in three years. Has | :04:16. | :04:21. | |
the American economy been doing as well as people thought? Another | :04:22. | :04:28. | |
wobble. Then, exactly as you say, there was always an idea, would | :04:29. | :04:33. | |
Donald Trump as president be like campaigning Trump or would he become | :04:34. | :04:40. | |
a more traditional political figure? The political controversies have | :04:41. | :04:44. | |
continued and so there is a volatility in politics which I think | :04:45. | :04:49. | |
has now led, this has been a spark for people looking back to the | :04:50. | :04:54. | |
reform agenda, will the tax reforms come through? Is the American | :04:55. | :04:57. | |
economy doing as well as people thought? The political turmoil will | :04:58. | :05:03. | |
continue. Suddenly it is a risk of. If you are things like Treasuries | :05:04. | :05:07. | |
and defence investments like utilities and properties, they are | :05:08. | :05:12. | |
all up. Things like the equity markets, they are all down. People | :05:13. | :05:18. | |
have gone risk off. Safe havens is very attractive right now with the | :05:19. | :05:23. | |
price of gold going up, etc, and began getting stronger. There is a | :05:24. | :05:27. | |
lot of disappointment within the business community in the US and | :05:28. | :05:32. | |
elsewhere about the fact, his priorities in a way. They wanted | :05:33. | :05:38. | |
these economy boosting members, tax reform, that kind of thing to come | :05:39. | :05:42. | |
in much sooner. We are beyond the 100 days and all of that. Now there | :05:43. | :05:51. | |
is this political storm. They have realised that the politics makes | :05:52. | :05:55. | |
chances of that getting through the houses more difficult. And, of | :05:56. | :05:59. | |
course, the fact is that the Republicans may not be in control of | :06:00. | :06:05. | |
both Houses by the time president Trump gets halfway through his | :06:06. | :06:09. | |
presidency because of the elections. He has a rather small window. If he | :06:10. | :06:18. | |
does not get the report was through, you are right. People believe there | :06:19. | :06:24. | |
will be reform but there are risks that the reform may not happen and | :06:25. | :06:32. | |
they have increased. Someone on the campaign trail promises one thing | :06:33. | :06:35. | |
and does not necessarily deliver. It was a question of, would there be | :06:36. | :06:39. | |
greater stability once he was president and once he surrounded | :06:40. | :06:43. | |
himself with businessmen from Goldman Sachs, for example? As a | :06:44. | :06:49. | |
president, he was quite similar to how he campaigned. To the | :06:50. | :06:53. | |
traditionalist it all seems quite random things would happen in | :06:54. | :06:57. | |
different ways. That means the volatility is still barefoot about | :06:58. | :07:01. | |
is why people are pulling back a bit and the Trump 's aid has come after | :07:02. | :07:05. | |
all the exuberance. Let's take a look at some of | :07:06. | :07:09. | |
the other stories making the news... There have been protests in Brazil | :07:10. | :07:11. | |
over a fresh corruption allegation. President Michel Temer has denied | :07:12. | :07:14. | |
a report that he authorised bribes to silence a possible witness | :07:15. | :07:17. | |
in a huge corruption scandal. A Brazilian newspaper says it has | :07:18. | :07:21. | |
obtained recordings of a discussion between the president | :07:22. | :07:25. | |
and the chairman of the giant US and EU officials have decided NOT | :07:26. | :07:27. | |
to impose a ban on laptops and tablets in cabin baggage | :07:28. | :07:32. | |
on flights from Europe. But after meeting in Brussels | :07:33. | :07:35. | |
to discuss the threat to aviation safety, officials said other | :07:36. | :07:38. | |
measures were still America has previously said it | :07:39. | :07:39. | |
wanted to extend the ban - which covers eight mostly Muslim | :07:40. | :07:45. | |
countries - to Europe. Let show you a story about Facebook. | :07:46. | :08:12. | |
The competition commissioner has been tweeting about this. | :08:13. | :08:24. | |
That is a really interesting story that is emerging. She was a guest on | :08:25. | :08:30. | |
this programme. Some of the tweets you have been | :08:31. | :08:39. | |
sending in today. We asked, what are your frustrations with regard to | :08:40. | :08:41. | |
recycling quest of their rather the top six offenders. Coffee pods are | :08:42. | :08:53. | |
the worse things. Paul says, trying to remove bubble wrap from Jiffy | :08:54. | :08:57. | |
bags drives him mad. You peel the little plastic window. Is that how | :08:58. | :09:04. | |
it works? You put the paper in the recycling and the plastic in the | :09:05. | :09:06. | |
bin. Keep your comments coming in. To Japan now, where economic growth | :09:07. | :09:10. | |
is picking up fast - Japan's economy grew at an annual | :09:11. | :09:13. | |
rate of 2.2% in the first three It's the fifth quarter in a row that | :09:14. | :09:18. | |
growth has improved - that's the best run in more | :09:19. | :09:22. | |
than a decade. Are we getting excited about this | :09:23. | :09:28. | |
thinking it is finally working? Seijiro Takeshita is in Tokyo | :09:29. | :09:32. | |
for us, he's a professor Always good to see you. Put it into | :09:33. | :09:47. | |
perspective for us. Is the Prime Minister thinking this is working or | :09:48. | :09:53. | |
are we getting over excited? Unfortunately, it is the latter. | :09:54. | :09:59. | |
Last year rises were horrible because of the bad weather. We are | :10:00. | :10:05. | |
getting much better in terms of capital expenditure by corporations. | :10:06. | :10:08. | |
You need to see a wage rise boosting private consumption that is not | :10:09. | :10:12. | |
happening and I do not think it will happen considering the Conservative | :10:13. | :10:16. | |
nurse of the Japanese companies. As we said, the third quarter in a row | :10:17. | :10:21. | |
that growth has improved and the best run for more than a decade. We | :10:22. | :10:25. | |
have been keeping such a close eye on it stopped expectation for Japan | :10:26. | :10:33. | |
has always been so high. Is the worst over? We will face a lot of | :10:34. | :10:36. | |
ambiguity, particularly in the United States, and also in Europe. | :10:37. | :10:40. | |
The growth you have been talking that has been driven by exporters. | :10:41. | :10:46. | |
Where we are seeing ambiguity factors overseas, there is | :10:47. | :10:50. | |
cloudiness in the forefront. That is one reason why people are not | :10:51. | :10:55. | |
rejoicing as numbers suggest. Thank you for your perspective on the | :10:56. | :10:57. | |
latest news out of Japan. Joining us is Jane Foley, Senior | :10:58. | :10:59. | |
Currency Strategist, Rabobank. You have been listening to all these | :11:00. | :11:06. | |
conversations about what is going on in the United States. We have been | :11:07. | :11:09. | |
talking about Japan with currency playing a huge part and the dollar | :11:10. | :11:15. | |
weakening significantly. This does not help Tokyo at all. Give us your | :11:16. | :11:20. | |
take on all of this. The yen is a safe haven. Whenever there is little | :11:21. | :11:25. | |
attention the yen goes up. The dollar perhaps is more interesting. | :11:26. | :11:30. | |
It has a very murky relationship with safe haven flows. The US | :11:31. | :11:35. | |
Treasury market, US government debt, is a prime piece of paper people | :11:36. | :11:40. | |
want at times of political stress. That can support the dollar. Now the | :11:41. | :11:46. | |
dollar is under pressure because the market is disappointed the reform | :11:47. | :11:49. | |
programme may not happen. A quick word on that. We talked about at the | :11:50. | :11:55. | |
start of the programme, what was happening in the United States. Is | :11:56. | :11:58. | |
it general disappointment that all of the sugar high we got on the | :11:59. | :12:03. | |
campaign trail may not turn out to be much? If we look back to where | :12:04. | :12:06. | |
the markets were today compared with where they were, there is a big | :12:07. | :12:13. | |
change in US equity markets. They hope the reforms that Donald Trump | :12:14. | :12:17. | |
made would cut away a lot of regulation and boost growth. Donald | :12:18. | :12:24. | |
Trump is so busy trying to firefight with all of these scandals. Here in | :12:25. | :12:30. | |
Europe, the UK has had a lot of economic data this week. More today | :12:31. | :12:36. | |
could give us your expectations. The trend we have been seeing in retail | :12:37. | :12:40. | |
sales since December has been one of weakening trend. The reason for that | :12:41. | :12:46. | |
is inflation. Inflation is rising at a higher rate than wages. We have | :12:47. | :12:50. | |
had confirmation of that. That means the money we have in our pockets | :12:51. | :12:55. | |
after we spend out on items like food and petrol is less. That is | :12:56. | :12:59. | |
down to the weakness of the pound. It is down to the weakness of the | :13:00. | :13:04. | |
Sterling exchange rate relative to this time last year. Jane will | :13:05. | :13:09. | |
return. Sharing with us your recycling frustrations. Indeed. She | :13:10. | :13:11. | |
has got the list. Alibaba - the Chinese e-commerce | :13:12. | :13:19. | |
giant that's been described as the country's eBay and Amazon | :13:20. | :13:22. | |
rolled into one, is expected to report another jump | :13:23. | :13:24. | |
in profits later today. It shares have been soaring since it | :13:25. | :13:30. | |
floated in New York and it now has a stock market value of $300 billion. | :13:31. | :13:35. | |
The vast amount of the business is in China which is something | :13:36. | :13:45. | |
billionaire to change. He loves this country and he loves China. For | :13:46. | :13:51. | |
president Trump, the best way forward Jack to show his love this | :13:52. | :13:55. | |
country is to make it easier for Americans to sell their wares to | :13:56. | :14:02. | |
China. This sneaker shop in Manhattan is an example. It has a | :14:03. | :14:07. | |
physical store but 90% of the business is done online. Since | :14:08. | :14:10. | |
August but they have been selling on Alibaba and it has been a big boost | :14:11. | :14:17. | |
to their sneaker empire. Over $100 million this year. They run like a | :14:18. | :14:21. | |
start-up, which has been really refreshing. We're not -- they treat | :14:22. | :14:33. | |
us like we are a trusted multi-billion dollar company. The | :14:34. | :14:42. | |
leader of China's big asked -- biggest e-commerce retailer wants to | :14:43. | :14:47. | |
bring business to China and 2 billion customers in the next | :14:48. | :14:50. | |
decade. They have been talking about making a big push out of China since | :14:51. | :14:56. | |
they became public company and prior to that when they filed to become | :14:57. | :15:00. | |
public and number of years ago at this point. If you look at the | :15:01. | :15:06. | |
revenue base, it is almost entirely treated to China. They might well | :15:07. | :15:10. | |
have aspirations and talk about that. The numbers suggest there is a | :15:11. | :15:14. | |
lot of work to be done on that front. He is not afraid of a little | :15:15. | :15:19. | |
hard work. You will be in the US next month to make his pitch | :15:20. | :15:23. | |
directly to US businesses. It just may be an uphill battle. | :15:24. | :15:28. | |
We meet that man cashing in on the flexible working boom - | :15:29. | :15:35. | |
It's made him a billioniare and says Brexit could be good | :15:36. | :15:38. | |
You're with Business Live from BBC News. | :15:39. | :15:50. | |
Here is a pet peeve we have been discussing this morning. | :15:51. | :15:54. | |
Do you find it hard to know what you can and can't recycle? | :15:55. | :15:58. | |
I think we all do, especially where we live, all different rules for | :15:59. | :16:02. | |
different boroughs. And today the worst items to recycle | :16:03. | :16:04. | |
have been named and shamed. Pringles tubes and Lucozade | :16:05. | :16:08. | |
bottles topped the list We are running short | :16:09. | :16:10. | |
of holes in the ground Yet landfill sites are peppered | :16:11. | :16:15. | |
with products that are supposed The trouble is that so many products | :16:16. | :16:23. | |
nowadays have several different types of materials | :16:24. | :16:29. | |
in their packaging. That can make them almost | :16:30. | :16:31. | |
impossible to recycle. The foil interior, the cardboard | :16:32. | :16:33. | |
sleeve, the metal bottom. There are different plastics | :16:34. | :16:51. | |
in the base of the bottle Black plastic is virtually | :16:52. | :16:58. | |
useless for recycling. So what will stop us dumping complex | :16:59. | :17:09. | |
packages straight into the bin? Well, Prince Charles is launching | :17:10. | :17:15. | |
a $2 million prize to stimulate new and more environmentally | :17:16. | :17:17. | |
friendly designs and packaging. If the competition works, | :17:18. | :17:22. | |
it will be easier in the future to shop for items that | :17:23. | :17:24. | |
do not fill a landfill. One interesting point from fine | :17:25. | :17:40. | |
repair cafe, it gives you an indication of where they are coming | :17:41. | :17:43. | |
from, suggesting that you need to repair more stuff, bring broken | :17:44. | :17:48. | |
stuff in the repair, we achieve a 63% the pay rate. Repair, repair, | :17:49. | :17:55. | |
repair. Another big story today, Royal Mail posting a big rise in | :17:56. | :18:01. | |
profits as parcels improved. I assume the money they make from | :18:02. | :18:05. | |
delivering parcels is improving, annual profits up by 25%. Growth in | :18:06. | :18:09. | |
parcel delivery business, it would seem it is doing well. It does well | :18:10. | :18:14. | |
from online, we send fewer letters but we get more parcels delivered | :18:15. | :18:17. | |
because of our online shopping habits. Full details on the website. | :18:18. | :18:33. | |
European markets, markets worldwide, we are watching them very closely as | :18:34. | :18:42. | |
the turmoil surrounding the White House and the Trump administration | :18:43. | :18:45. | |
intensifies. So let's quickly show you how things are going right now | :18:46. | :18:49. | |
so you have a sense of how the European day is progressing. Down | :18:50. | :18:53. | |
half a percent in London and elsewhere. This was after quite | :18:54. | :18:57. | |
heavy losses yesterday as well for the European markets, so not a | :18:58. | :19:01. | |
change in sentiment yet. The big question, can President Trump get | :19:02. | :19:05. | |
through those reforms he promised? Markets are increasingly doubtful | :19:06. | :19:06. | |
that will happen. All businesses need somewhere | :19:07. | :19:10. | |
to work but for many being able to shrink or grow their office | :19:11. | :19:12. | |
is neither easy nor cheap. So companies that provide rented | :19:13. | :19:15. | |
work spaces are growing quickly - cashing in on our need | :19:16. | :19:18. | |
to be more flexible. London is the world's largest market | :19:19. | :19:20. | |
for flexible serviced office space with around $21bn - | :19:21. | :19:22. | |
that's ?16 billion worth The USA and UK top the list | :19:23. | :19:25. | |
for co-working , that's when you share a work space | :19:26. | :19:32. | |
with other people who work And It's not just freelancers | :19:33. | :19:35. | |
and small businesses that use them, big multinationals like | :19:36. | :19:50. | |
Google, HSBC, McKinsey And perhaps that why it's been such | :19:51. | :19:55. | |
a profitable business for IWG - its brands include Regus and has | :19:56. | :20:00. | |
3,000 centres in 110 It's the result of nearly 30 years | :20:01. | :20:03. | |
work for founder Mark Dixon. I caught up with him at one | :20:04. | :20:08. | |
of his co-working spaces here in London to hear how it | :20:09. | :20:11. | |
all began. I started off with sandwiches, | :20:12. | :20:25. | |
delivering them on a bicycle, I didn't have my driving licence at | :20:26. | :20:29. | |
the time. The business was a failure but my customers were very happy. | :20:30. | :20:35. | |
Just tell us how that prepared you for running Regis now, which is huge | :20:36. | :20:41. | |
and 110 countries. I worked out I needed more experience. I travelled | :20:42. | :20:45. | |
all around the world, did lots of different things working for other | :20:46. | :20:50. | |
people, gaining experience. But with a goal. The goal was to run my | :20:51. | :20:56. | |
business and do it well. So what inspired you to start Regus? I had | :20:57. | :21:06. | |
my first expenses myself trying to get an office and I could see other | :21:07. | :21:09. | |
people were having the same problems, they were meeting in | :21:10. | :21:12. | |
coffee shops accept. I thought there was an opportunity and from that | :21:13. | :21:16. | |
single centre we still have we now have over 3000 buildings. What makes | :21:17. | :21:20. | |
you the person that can do that transition? You have to be someone | :21:21. | :21:26. | |
willing to learn, adapt. You have to be adaptable Camier have to be able | :21:27. | :21:31. | |
to hire good people, build a team. We are in a fast growing industry, | :21:32. | :21:35. | |
this is a new sector, this is new real estate, how people can work in | :21:36. | :21:41. | |
the future. Yes, there is more common vision that everyone is | :21:42. | :21:45. | |
growing in this marketplace. But it is a marketplace where you truly | :21:46. | :21:49. | |
have to be global, you think, to survive? What is important is to | :21:50. | :21:54. | |
have national networks, so we are growing in each country National | :21:55. | :21:57. | |
platform so companies within that country can work anywhere, people | :21:58. | :22:00. | |
can work from home, dropped in. It is a new way of working. So scale in | :22:01. | :22:08. | |
a country is probably more important than global scale, but the two work | :22:09. | :22:13. | |
together. London is an extremely busy city for you, probably the most | :22:14. | :22:17. | |
important in Europe, in terms of demand for your services. How does | :22:18. | :22:24. | |
Brexit affect what you do? I think we are concerned about Brexit, but | :22:25. | :22:27. | |
we are pretty bullish on the UK market. So what we can see is UK | :22:28. | :22:34. | |
companies very adaptable, a lot of companies adopting new flexible work | :22:35. | :22:37. | |
practices, so although there may be changes that will come once Brexit | :22:38. | :22:46. | |
finally arrives, there is lots of runway for our particular business | :22:47. | :22:49. | |
and the whole of the UK and in London. Did you want Brexit? Diyas. | :22:50. | :22:57. | |
I am a European at heart, you know, I love Europe. The environment we | :22:58. | :23:00. | |
are in at the moment where political risk is such a big deal. For | :23:01. | :23:05. | |
examples over the last couple of years, elections and the United | :23:06. | :23:09. | |
States, we have one coming up here in the UK, France, Germany, not to | :23:10. | :23:13. | |
mention Asia, where you have a big presence, how do you measure | :23:14. | :23:17. | |
something like political risk? Generally speaking, all of these | :23:18. | :23:21. | |
things are not bad things far business because we are providing | :23:22. | :23:25. | |
businesses with flexibility at variable cost. But do shocks like | :23:26. | :23:29. | |
poor example the 2008 financial crisis actually give you an | :23:30. | :23:34. | |
opportunity? The short answer is yes but I would rather not do 2008 | :23:35. | :23:39. | |
again. All of these shocks make companies think more deeply about | :23:40. | :23:42. | |
how they are operating, how can we become more flexible? And especially | :23:43. | :23:46. | |
in real estate, which is one of those fixed things that most | :23:47. | :23:50. | |
companies rarely have difficulty changing, difficulty reducing cost, | :23:51. | :23:55. | |
difficulty in making that variable. So what is next to you? You have a | :23:56. | :24:00. | |
lovely home in Monaco, are you going to retire and enjoy the super | :24:01. | :24:05. | |
yachts? What are you going to do next? I have got to finish this job | :24:06. | :24:11. | |
first. This, for me, is really a job that is unfinished. I think the best | :24:12. | :24:14. | |
time for our businesses is coming now. The new digital world, more | :24:15. | :24:23. | |
competition from new players. I love business, it sort of like a sport, | :24:24. | :24:27. | |
it's absorbing, it's passionate. So I think our best time is yet to | :24:28. | :24:31. | |
come, think there are enormous possibilities, so I am quite excited | :24:32. | :24:34. | |
about the future. I am not ready to retire just yet. He absolutely | :24:35. | :24:39. | |
showed no signs of wanting to retire, that was Mark Dixon, who | :24:40. | :24:42. | |
started his career delivering Salmond is on a bike. Jane is back | :24:43. | :24:46. | |
with us to talk through some of the papers. We have been asking people | :24:47. | :24:50. | |
about their recycling horror stories, this was after the six | :24:51. | :24:55. | |
worst offenders were named in shaded and, Pringles tube 's, Lucozade | :24:56. | :25:00. | |
bottles stop you are a fan of recycling, you are building an | :25:01. | :25:04. | |
eco-home? I am definitely trying to build an eco-home. It is very slow. | :25:05. | :25:09. | |
But I think we all have a responsibility for recycling, and of | :25:10. | :25:13. | |
being conscious of the legacy we are leaving on this planet. But one | :25:14. | :25:17. | |
thing, despite all the different bugbears I have, one thing that | :25:18. | :25:21. | |
comes as a common to nominate, and that is the amount of packaging and | :25:22. | :25:24. | |
the amount of difficult to recycle packaging. I think the manufacturers | :25:25. | :25:28. | |
need to be told that there need stability packaging, because the | :25:29. | :25:31. | |
amount of rubbish that one family can produce in just one week is | :25:32. | :25:37. | |
huge. It is phenomenal. It is huge, it takes a huge amount of and we | :25:38. | :25:41. | |
need less of it. I agree with you Jane. The sponsors frustrated, every | :25:42. | :25:50. | |
packet is currently not recyclable. Having four bins in my kitchen but I | :25:51. | :25:55. | |
am happy to cycle. That might be the future. Thanks, Jane, good to see | :25:56. | :25:58. | |
you and to have your company as well goodbye. | :25:59. | :26:06. |