Browse content similar to 27/06/2017. Check below for episodes and series from the same categories and more!
Line | From | To | |
---|---|---|---|
Hello, I'm Ros Atkins, this is Outside Source. | :00:09. | :00:16. | |
A huge cyber attack which started in Ukraine - | :00:17. | :00:19. | |
Computer systems in Britain, India, Norway, the Netherlands and Russia | :00:20. | :00:22. | |
also being affected - more in a moment. | :00:23. | :00:24. | |
Google's been hit by a record fine in Europe. | :00:25. | :00:26. | |
Google has abused its market dominance by promoting its own | :00:27. | :00:32. | |
shopping comparison service in its search results | :00:33. | :00:34. | |
Important development the Republicans' attempt to overrule | :00:35. | :00:53. | |
Obamacare. They have delayed a vote. We will tell you why. | :00:54. | :00:57. | |
Syrian President Assad tours a Russian war plane. | :00:58. | :00:59. | |
The White House in cranking up the rhetoric. | :01:00. | :01:02. | |
Plus we'll hear how global food supplies are reliant on a small | :01:03. | :01:06. | |
if they're ever blocked off. and how that risks major disruption | :01:07. | :01:23. | |
There's been another global cyberattack. | :01:24. | :01:24. | |
The first indication came from Ukraine. | :01:25. | :01:29. | |
The state power company and Kiev's main airport reported issues. | :01:30. | :01:35. | |
The Chernobyl nuclear power plant's radiation level sensors | :01:36. | :01:39. | |
were also knocked out - it's monitoring radiation | :01:40. | :01:41. | |
Then, we heard that Russian companies such as the oil giant | :01:42. | :01:49. | |
Companies in the Netherlands, France, Denmark and the UK | :01:50. | :01:52. | |
all said their servers had been attacked. | :01:53. | :01:58. | |
Now, when computers are hit, users see this page. | :01:59. | :02:02. | |
It tells them that their files have been encrypted and that they will | :02:03. | :02:05. | |
The WannaCry attack happened only a couple of months ago - | :02:06. | :02:14. | |
it used ransomware - and caused huge disruption. | :02:15. | :02:25. | |
Sheera Frankel, of New York Times: "Whatever this | :02:26. | :02:27. | |
new ransomware is called they say it will more damaging than #WannaCry." | :02:28. | :02:30. | |
I spoke to our tech reporter Jane Wakefield about how | :02:31. | :02:32. | |
Jane Wakefield says how fast and how quickly this is expanding. | :02:33. | :02:51. | |
Initially we were getting reports from the Ukraine, | :02:52. | :02:53. | |
things like the airport, the Metro system. | :02:54. | :02:54. | |
Then we had a Russian oil company and gradually through the course | :02:55. | :02:57. | |
of the afternoon added to the list was Spanish companies, | :02:58. | :03:00. | |
Danish companies, companies from the Netherlands. | :03:01. | :03:01. | |
It seems contained to Europe but as I left my desk | :03:02. | :03:04. | |
there was an unconfirmed story that a US hospital had been affected. | :03:05. | :03:07. | |
It suggests some of the loopholes opened the last time there was this | :03:08. | :03:12. | |
major ransomware attack had not been shut. | :03:13. | :03:15. | |
Yes, security experts are now analysing the code and it seems | :03:16. | :03:19. | |
they are using the same Windows exploit that was used | :03:20. | :03:21. | |
with WannaCry, the ransomware attack a few months ago. | :03:22. | :03:26. | |
Early on people were putting it down to a piece of ransomware that's | :03:27. | :03:31. | |
readily available to hackers on forums called Petya. | :03:32. | :03:34. | |
There is now some debate about whether it is Petya. | :03:35. | :03:37. | |
There is also some debate as to whether it's ransomware | :03:38. | :03:39. | |
and whether it's a cover for something else. | :03:40. | :03:41. | |
Some people suggesting it's stealing admin, | :03:42. | :03:45. | |
passwords and has a completely different purpose and is disguising | :03:46. | :03:47. | |
Should you and I be worried, should people watching be worried, | :03:48. | :03:52. | |
or is it just for organisations to be concerned with? | :03:53. | :03:54. | |
It seems to be organisations, but that doesn't mean | :03:55. | :03:56. | |
If you are trying to get an aeroplane in Kiev, | :03:57. | :04:00. | |
The ticketing system at the Ukraine Metro wasn't working. | :04:01. | :04:08. | |
And there were pictures from Ukraine supermarkets with screens saying | :04:09. | :04:10. | |
It does have personal knock back on people and consumers. | :04:11. | :04:18. | |
As it's rolling out across the world, are there | :04:19. | :04:20. | |
things organisations can do to stop it affecting them? | :04:21. | :04:23. | |
What they should have and given they had this WannaCry attack | :04:24. | :04:26. | |
recently that was a wake-up call, if ever there was one, | :04:27. | :04:31. | |
is great backup so they can immediately instigate systems. | :04:32. | :04:34. | |
If they are constantly backing data up then they should be able to get | :04:35. | :04:37. | |
back to where they were before the malware found its way | :04:38. | :04:40. | |
Apparently it looks like lots of companies | :04:41. | :04:43. | |
Some of the bigger utility companies being hit and industrial systems, | :04:44. | :04:49. | |
for them back-up is difficult because they don't want downtime. | :04:50. | :04:52. | |
It takes them a while to get back up, and maybe this | :04:53. | :04:55. | |
Google has been fined over 2.4 billion euros | :04:56. | :05:02. | |
It's been found to have abused its power by promoting its own shopping | :05:03. | :05:10. | |
Here's the EU's Competition Commissioner. | :05:11. | :05:15. | |
Google's strategy for comparison shopping service wasn't just | :05:16. | :05:17. | |
It wasn't just about making its products better | :05:18. | :05:24. | |
Google has abused its market dominance, in its search engine, | :05:25. | :05:37. | |
by promoting its own shopping comparison service | :05:38. | :05:42. | |
in its search results and demoting its competitors. | :05:43. | :05:44. | |
What Google has done is illegal under EU anti-trust rules. | :05:45. | :05:53. | |
Google was never going to take this lying down. | :05:54. | :06:07. | |
In 2008 it fined Microsoft 900 million Euros. | :06:08. | :06:14. | |
In 2009 it fined Intel more than a billion Euros. | :06:15. | :06:19. | |
In 2016 Apple was told to pay back 13 billion | :06:20. | :06:21. | |
This year Facebook was fined 110 million Euro. | :06:22. | :06:33. | |
I'm joined by Michelle Fleury, in New York. | :06:34. | :06:38. | |
Clearly I'm not a technical expert, but I would have thought it was | :06:39. | :06:44. | |
quite easy to establish if Google was favouring its own services or | :06:45. | :06:51. | |
not. You mentioned the EU has form on this in terms of going after big | :06:52. | :06:56. | |
American technology companies for a variety of issues from tax to | :06:57. | :07:00. | |
competition. The theme that seems to be emerging in some of these cases | :07:01. | :07:04. | |
is that anti-trust regulators are concerned these American companies, | :07:05. | :07:11. | |
that have a very global footprint, are using their dominance to squeeze | :07:12. | :07:14. | |
out to competition from smaller rivals, and that's why they are | :07:15. | :07:19. | |
trying to take this action. Looking back to 2015, they published a | :07:20. | :07:23. | |
report that was aimed at trying to help improve the chances for | :07:24. | :07:27. | |
European technology companies against the US juggernauts. The | :07:28. | :07:34. | |
Commissioner in all of this is an interesting figure. She has been in | :07:35. | :07:38. | |
the US and I met her in New York a couple of years ago at the height of | :07:39. | :07:42. | |
the tax row with Apple. She's not want to back down from a fight. | :07:43. | :07:46. | |
People are beginning to get curious to see how Donald Trump, with his | :07:47. | :07:50. | |
focus on America first, will respond. Explain how the EU would | :07:51. | :07:56. | |
like this to work. Say I am in the market for a large new touch-screen. | :07:57. | :08:00. | |
I search for that on Google. What would the EU like me to get that I | :08:01. | :08:06. | |
currently don't get? It's all about the algorithms that are used to try | :08:07. | :08:11. | |
and present you with the result. For example, you might see ten results, | :08:12. | :08:15. | |
but ultimately there are maybe 20 or 30 options. It's how did you just | :08:16. | :08:20. | |
see that top selection? How did you get to be seeing those first things. | :08:21. | :08:28. | |
How they solve the problem, they are leaving that to Google. They say | :08:29. | :08:32. | |
they see this as the problem, and now it's up to you to come up with | :08:33. | :08:36. | |
the solution. In return, Google says they have done lots of studies and | :08:37. | :08:39. | |
they think it's the best way. They are not trying to favour one | :08:40. | :08:43. | |
individual seller over a nutter, but the EU clearly disagrees. | :08:44. | :08:51. | |
A copy from the Reuters news agency telling as the US Senate Republican | :08:52. | :08:58. | |
leader Mitch McConnell has decided to put off a planned vote on the | :08:59. | :09:03. | |
health care bill to repeal Obamacare until after the Sennett's July four | :09:04. | :09:08. | |
recess. If you're watching yesterday you would know that wasn't the plan. | :09:09. | :09:14. | |
Anthony joins us from Washington. What's changed? What's changed is | :09:15. | :09:20. | |
that this was pretty clear that Mitch McConnell, the Senate | :09:21. | :09:23. | |
Republican leader, doesn't have the votes to pass the bill. He doesn't | :09:24. | :09:27. | |
even have the votes to bring the bill to the floor of the Senate. He | :09:28. | :09:32. | |
needed 50 Republican votes to do so, and already at least five | :09:33. | :09:35. | |
Republicans are on the record as being against this version of the | :09:36. | :09:39. | |
bill. Since they pulled it from the floor, three other Republicans have | :09:40. | :09:42. | |
piled on to say they are not in favour either. The reality is, | :09:43. | :09:46. | |
people on the right of the Republican caucus in the Senate | :09:47. | :09:50. | |
thinks the bill doesn't go far enough in repealing Obamacare and | :09:51. | :09:54. | |
moderates in the middle think it goes too far in cutting Medicaid | :09:55. | :09:57. | |
health insurance for the poor and too far in restricting peoples | :09:58. | :10:03. | |
access to low-cost health insurance. It's a bind for Mitch McConnell and | :10:04. | :10:07. | |
he hasn't found in a way to bring together 50 votes to get it past. I | :10:08. | :10:14. | |
guess it teaches us about the Broadchurch of the Republican party. | :10:15. | :10:18. | |
Exactly. They have been campaigning about repealing Obamacare for seven | :10:19. | :10:23. | |
years. But they have come at different angles for what they want | :10:24. | :10:27. | |
to replace it with. It was an easy campaign slogan, but there are | :10:28. | :10:30. | |
things about the law that Americans like. They like the fact it gave | :10:31. | :10:35. | |
them lower cost health insurance. They like the fact it capped | :10:36. | :10:39. | |
health-insurance spending over a lifetime and that it allowed you to | :10:40. | :10:43. | |
get coverage for pre-existing conditions. The Republicans have | :10:44. | :10:46. | |
tried to keep that in their version of the bill, but it's difficult to | :10:47. | :10:50. | |
do that while taking away the tax increase in some of the mandates | :10:51. | :10:55. | |
within the law. Help me out with the practicalities. I assume there isn't | :10:56. | :11:00. | |
an infinite amount of time for the Senate to consider various bills and | :11:01. | :11:03. | |
they will have to choose which ones to prioritise. Exactly. Two years | :11:04. | :11:08. | |
for each congressional session, but when you get to next year, people | :11:09. | :11:13. | |
start worrying about elections and it starts getting harder to pass | :11:14. | :11:17. | |
legislation. The winner for major legislation is in the first year of | :11:18. | :11:21. | |
a congressional session, before the summary says. We have a week off, | :11:22. | :11:29. | |
three weeks in July when they can possibly pass something, and then a | :11:30. | :11:32. | |
month off in August. After that they have to start worrying about the | :11:33. | :11:34. | |
budget and appropriations and the basic machinery of keeping the | :11:35. | :11:37. | |
government running. They can't take time over health care at that point. | :11:38. | :11:43. | |
If there are any changes, come back to us. In a few minutes we will hear | :11:44. | :11:48. | |
from Scotland's First Minister Nicola Sturgeon, who says her | :11:49. | :11:52. | |
government is delaying plans for a second independence referendum, and | :11:53. | :11:54. | |
that's tied up with the recent general election result. | :11:55. | :12:07. | |
Judges at the European Court of Human Rights have rejected a plea | :12:08. | :12:12. | |
from the parents of terminally ill baby Charlie Gard who want to take | :12:13. | :12:15. | |
their son to America for treatment. The European Court of Human Rights | :12:16. | :12:31. | |
in Strasbourg has ruled inadmissible the application by the parents | :12:32. | :12:33. | |
of Charlie Gard to hear a final appeal that they should be allowed | :12:34. | :12:36. | |
to take their baby son to the United States for a very | :12:37. | :12:39. | |
experimental treatment. They said, in a brief judgment, | :12:40. | :12:41. | |
they said that the UK courts, three courts, which all found that | :12:42. | :12:44. | |
Great Ormond Street should be allowed to allow Charlie to die, | :12:45. | :12:47. | |
had been meticulous and thorough. They called medical experts, | :12:48. | :12:49. | |
independent professionals, and a guardian appointed | :12:50. | :12:51. | |
to represent Charlie. And they all agreed that Charlie's | :12:52. | :12:52. | |
ventilator should be switched off. And they said that it was most | :12:53. | :12:55. | |
likely that Charlie would be exposed to continued pain, | :12:56. | :12:58. | |
suffering and distress, and this experimental treatment | :12:59. | :13:00. | |
would have no prospect of success This is Outside Source live | :13:01. | :13:02. | |
from the BBC newsroom. Ukraine says it's been hit | :13:03. | :13:20. | |
by a huge cyber attack. Companies across Europe | :13:21. | :13:23. | |
and India are also affected. A Dutch appeals court has upheld | :13:24. | :13:26. | |
a ruling that the Netherlands is in part legally liable | :13:27. | :13:28. | |
for the deaths of 350 Bosnian Muslim men in | :13:29. | :13:39. | |
the Srebrenica massacre in 1995. The judge ruled that the state | :13:40. | :13:41. | |
was not 100% liable as many would have been died | :13:42. | :13:44. | |
regardless of Dutch actions. FARC rebels in Colombia have | :13:45. | :13:45. | |
completed their disarmament. It means they've been | :13:46. | :13:50. | |
good to their commitment to do so in a peace deal | :13:51. | :13:52. | |
with the government last year. Before I show you one of the most | :13:53. | :13:59. | |
watched videos on the BBC news website, I have to warn you might | :14:00. | :14:03. | |
find it distressing. CCTV footage of a man in England being hit by a bus | :14:04. | :14:10. | |
and then incredibly getting up and walking away without serious injury. | :14:11. | :14:26. | |
Becker Sturgeon has backtracked on demands for a second independence | :14:27. | :14:34. | |
referendum. She has backed away from it happening in 2018. The reason for | :14:35. | :14:37. | |
that is the general election result. Nicola Sturgeon may not look | :14:38. | :14:50. | |
like a woman thwarted, but she cannot now march ahead | :14:51. | :14:52. | |
with her plans for an independence referendum - admitting today that | :14:53. | :14:55. | |
voters have rejected that idea Having listened and reflected, | :14:56. | :14:57. | |
the Scottish Government will reset the plan I set out | :14:58. | :15:00. | |
on March the 13th. We will not seek to introduce | :15:01. | :15:03. | |
the legislation for an independence Instead, we will, in good faith, | :15:04. | :15:06. | |
redouble our efforts and put our shoulder to the wheel | :15:07. | :15:09. | |
in seeking to influence the Brexit talks in a way that protects | :15:10. | :15:12. | |
Scotland's interests. She wants to keep open | :15:13. | :15:14. | |
the option of a referendum The Tories want her to abandon | :15:15. | :15:21. | |
her plans completely. I'm afraid to say that that | :15:22. | :15:25. | |
statement will fail to give any assurance to those people that this | :15:26. | :15:28. | |
First Minister is listening to them. Instead, she appears to be | :15:29. | :15:30. | |
in denial about her mistakes over this last year and, | :15:31. | :15:33. | |
as a result, is leaking credibility and confidence | :15:34. | :15:35. | |
in her leadership by the hour. Nicola Sturgeon's message today | :15:36. | :15:37. | |
is that she is listening to voters, and she understands they don't want | :15:38. | :15:42. | |
another independence But she has not taken it | :15:43. | :15:45. | |
completely off the table, and she says that she will continue | :15:46. | :15:50. | |
to argue the case for why Scotland In 2014, 45% of Scots voted | :15:51. | :15:54. | |
yes to independence. And the SNP know that they'll have | :15:55. | :16:05. | |
to make a fresh case if they are ever to win | :16:06. | :16:09. | |
an independence referendum. And they will have to pick their | :16:10. | :16:14. | |
timing of another vote carefully. Well, it is common sense, | :16:15. | :16:20. | |
I think another referendum would be I am an SNP supporter, but I think | :16:21. | :16:23. | |
that it would make no sense, given the current political climate, | :16:24. | :16:29. | |
I think it makes no sense for the SNP to move forward | :16:30. | :16:32. | |
with a vote on it just now. I think we should have a vote on it | :16:33. | :16:39. | |
- put it out to the public and let The Scottish Greens backed the SNP | :16:40. | :16:44. | |
call for an early referendum and do not want to see | :16:45. | :16:50. | |
the timetable slip. If we wait until autumn | :16:51. | :16:54. | |
next year or even later, then we will be well out | :16:55. | :16:57. | |
of the European Union before the people of Scotland | :16:58. | :17:00. | |
have the chance to say Scotland has not consented | :17:01. | :17:02. | |
to leave the European Union or to have our rights | :17:03. | :17:05. | |
and protections as European citizens Holyrood today heard | :17:06. | :17:08. | |
Nicola Sturgeon says she was responding to voters | :17:09. | :17:16. | |
who don't want an independence vote, but also that she has | :17:17. | :17:19. | |
not given up the fight. Her opponents say | :17:20. | :17:21. | |
she is not listening. Her party hope there is no | :17:22. | :17:23. | |
more than a rain check, We can go back to Michelle in New | :17:24. | :17:47. | |
York. They were predicting 2.3% growth for the Americans this year | :17:48. | :17:52. | |
and 2.5% next year. This is the revision from today. Down to 2.1% | :17:53. | :17:58. | |
this year and more surprising, down to 2.1% in 2018 as well. That's not | :17:59. | :18:02. | |
what Donald Trump has promised to deliver. Michelle is in New York. | :18:03. | :18:10. | |
It's been at least five minutes! What are the reasons for the IMF's | :18:11. | :18:20. | |
reasoning? It's very striking. This is an organisation that usually | :18:21. | :18:23. | |
speaks in fairly diplomatic language but it's no mistake they are | :18:24. | :18:26. | |
criticising the American president. At the heart of what they are saying | :18:27. | :18:31. | |
is they no longer believe the Trump administration can deliver on the | :18:32. | :18:34. | |
promised fiscal spending, infrastructure spending, and also | :18:35. | :18:37. | |
cut taxes. Problems we have seen that you just talked about regarding | :18:38. | :18:42. | |
health care and other legislative challenges. All of this has given | :18:43. | :18:48. | |
the IMF pause to say, hang on a second. We thought the boost the | :18:49. | :18:51. | |
administration would give the economy will no longer materialise. | :18:52. | :18:57. | |
How mutual is the IMF? I remember discussing their involvement in the | :18:58. | :19:00. | |
Greek debt crisis, and some in the Greek government said they were not | :19:01. | :19:05. | |
neutral at all. The economists come up... This is part of an annual | :19:06. | :19:09. | |
report on the US economy that the fund comes up with. It looks at the | :19:10. | :19:14. | |
economic figures and has to make an assessment and has to issue these | :19:15. | :19:19. | |
warnings. The challenge for the fund is if you don't like the message | :19:20. | :19:23. | |
they have, it's easy for people to come out and say, hang on a second, | :19:24. | :19:28. | |
how impartial are they? Obviously they will make certain assumptions | :19:29. | :19:32. | |
and it will always be a challenge determining how impartial they are. | :19:33. | :19:37. | |
This type of criticism or allegation, it's certainly something | :19:38. | :19:41. | |
we have heard in the past. When the message is something you don't | :19:42. | :19:45. | |
necessarily like, it's often easier to challenge it. Michelle, thank | :19:46. | :19:49. | |
you. We will see how Donald Trump responds. Consumer borrowing in the | :19:50. | :19:56. | |
UK has reached its highest level since 2005. Governor of the Bank of | :19:57. | :19:59. | |
England Mark Carney is worried and has told banks they are in danger of | :20:00. | :20:02. | |
forgetting the lessons of the past. A clear reference to the role bad | :20:03. | :20:07. | |
loans played in the 2008 global financial crisis. | :20:08. | :20:17. | |
Here's our Economics Editor Kamal Ahmed. | :20:18. | :20:19. | |
Dylan Brown works in IT - not badly paid, but often resorts | :20:20. | :20:22. | |
Consumers working hard to make ends meet who are borrowing | :20:23. | :20:27. | |
to fill the gaps and pay for those little extras. | :20:28. | :20:30. | |
Just because obviously older, you know, renting a property, | :20:31. | :20:34. | |
I have a car, I have a career and everything else, | :20:35. | :20:37. | |
Turning to credit more so than a few years ago, yes, | :20:38. | :20:40. | |
I wouldn't say that that would be the case. | :20:41. | :20:47. | |
It's not a crisis yet, but today a warning from the Bank of England. | :20:48. | :20:50. | |
Consumer credit growth has far outpaced that of household | :20:51. | :20:53. | |
income over the past year, with notable increases | :20:54. | :20:57. | |
across credit cards, personal loans and auto finance. | :20:58. | :20:59. | |
So how bad is Britain's debt problem? | :21:00. | :21:01. | |
The amount consumers have borrowed in loans on things like credit cards | :21:02. | :21:05. | |
That is up 10% compared with the same time last year. | :21:06. | :21:14. | |
Banks will now have to raise another ?11.4 billion as a safety net, | :21:15. | :21:19. | |
in case people they have lent to don't pay the money back. | :21:20. | :21:22. | |
I think Mark Carney wants to be proactive. | :21:23. | :21:25. | |
He did talk of increasing additional capital a year ago, but he held off | :21:26. | :21:28. | |
And I think he wants to make sure the banks also are reminded | :21:29. | :21:34. | |
they have to be more cautious in their consumer lending, | :21:35. | :21:37. | |
given the speed at which their loan books have grown over | :21:38. | :21:39. | |
To buy new cars with personal finance deals, loans for holidays | :21:40. | :21:47. | |
and home improvements, and we're spending on our credit | :21:48. | :21:50. | |
I think this is an amber warning, for consumers and for banks. | :21:51. | :21:58. | |
Not the flashing red lights of the financial crisis - | :21:59. | :22:00. | |
when interest rates were higher and banks, frankly, | :22:01. | :22:02. | |
couldn't withstand any type of financial shock - | :22:03. | :22:04. | |
Could millions of people with billions of pounds' | :22:05. | :22:13. | |
worth of loans keep making those repayments? | :22:14. | :22:17. | |
Whether it's that continuing income squeeze or those | :22:18. | :22:22. | |
tricky Brexit negotiations which could damage the economy. | :22:23. | :22:24. | |
The governor struck a fairly relaxed note for the moment, | :22:25. | :22:26. | |
but banks and consumers beware - the economy can turn. | :22:27. | :22:29. | |
Story now on how so-called "chokepoints" in international trade | :22:30. | :22:46. | |
By UK based think tank Chatham House. | :22:47. | :22:51. | |
One example it gives is the Panama Canal. | :22:52. | :22:53. | |
It's 300 metres wide - and transports 75% of Japan's | :22:54. | :22:57. | |
One third of the Middle East and North Africa's grain | :22:58. | :23:04. | |
Then there is the Straits of Malacca in Malaysia. | :23:05. | :23:12. | |
More than 25% of the world's soybean exports are shipped through here. | :23:13. | :23:15. | |
Laura Wellesley, one of the report's authors. | :23:16. | :23:22. | |
She told me earlier what might cause the choke points. These choke points | :23:23. | :23:32. | |
and infrastructural bottlenecks, they are exposed to a number of | :23:33. | :23:37. | |
hazards. Security threats, climate change is probably the major threat, | :23:38. | :23:42. | |
but also the potential for political interruptions. Ad hoc export bans | :23:43. | :23:48. | |
for example, stopping the flow of critical grain trade out of the | :23:49. | :23:52. | |
checkpoints. How does climate change impact on this? Climate change at | :23:53. | :23:58. | |
the very basic level, all-weather at impacts on infrastructure. We can | :23:59. | :24:02. | |
see it and our own streets. Heavy rainfall, storms and floods, periods | :24:03. | :24:06. | |
of drought, they can really affect the integrity of roads and railways | :24:07. | :24:11. | |
and waterways. That is true across the world. Climate change | :24:12. | :24:14. | |
exacerbates those impacts, meaning we see more extreme weather and we | :24:15. | :24:18. | |
see more extreme weather more frequently. The first thing that | :24:19. | :24:24. | |
climate change will do in terms of worsening the problem is to worsen | :24:25. | :24:27. | |
the impacts directly on those checkpoints. The other thing to bear | :24:28. | :24:32. | |
in mind is that climate change will also increase global dependence on | :24:33. | :24:36. | |
food trade to meet basic food demand. Those countries that are | :24:37. | :24:40. | |
already feeling insecure will depend increasingly on trade out of those | :24:41. | :24:43. | |
choke points around the world to them. Given climate change is a | :24:44. | :24:47. | |
long-term problem requiring long-term solutions, is your more | :24:48. | :24:51. | |
short-term response that we should be diversifying how we move food | :24:52. | :24:56. | |
around the world? That's one of the responses. I wouldn't say it's | :24:57. | :24:59. | |
short-term stop infrastructure problems are a long-term investment. | :25:00. | :25:07. | |
That's why we are emphasising the need to act now to diversify trade | :25:08. | :25:10. | |
routes and production so we don't rely so heavily on the same crops. | :25:11. | :25:13. | |
Also to rely on infrastructure that is fit for the future, resilience to | :25:14. | :25:18. | |
future climate impacts and it can cope with growing volumes of trade. | :25:19. | :25:24. | |
Who can take these decisions? They affect multiple countries and | :25:25. | :25:27. | |
long-term, at last in one reader or government. Who has the influence to | :25:28. | :25:31. | |
take these decisions? That's a really important point. One of the | :25:32. | :25:34. | |
key recommendations and key calls to action is for the G 22 established a | :25:35. | :25:41. | |
task force on climate resilient infrastructure, to try to foster | :25:42. | :25:45. | |
collaborative approach among advanced economies to invest in | :25:46. | :25:49. | |
infrastructure that is a global strategic importance and to pave the | :25:50. | :25:52. | |
way in setting standards for infrastructure that will support our | :25:53. | :25:56. | |
future going forward. I will be back with you in a couple of minutes | :25:57. | :25:57. | |
time. We will be taking a brief look at | :25:58. | :26:12. | |
the UK weather prospects in a couple of minutes, but first of all we will | :26:13. | :26:14. | |
go further | :26:15. | :26:15. |