04/10/2016 Scotland 2016


04/10/2016

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The International Monetary Fund cuts its forecast for UK

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economic growth next year, and the pound hits a 31-year

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But the Prime Minister insists the economy is fundamentally strong.

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At the Conservative Party Conference, Theresa May

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acknowledges there will be "bumps in the road" for the UK economy

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In Syria, the failure of a ceasefire has led to renewed

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suffering for the country's children.

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And it's World Ballet Day - a classical art form

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In Birmingham today, Theresa May responded to that IMF forecast by

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reasserting that the UK economy remains in good shape, despite

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Brexit induced jitters. The prospect of a second referendum

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has been described as a Sword of Damocles hanging over

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the Scottish economy. Here's our Westminster

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Correspondent, Nick Eardley. It's a topic which has left some

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confused. Mark my word, we will make breakfast... Brexit a success. He

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might have been left with egg on his face, but the Conservatives argued

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the UK could make more of a success of Brexit fan of the Welsh leader

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did of sound bite this morning. At a session celebrating the UK union,

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David Mundell used his speech to see Scotland's relationship with the

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rest of the UK would be crucial. It would be that strong, stable broad

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shoulders of the UK that carry our country through the coming years.

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But one thing I want to be absolutely clear on. We will

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negotiate as United Kingdom. Leave as the United Kingdom. And face the

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future together as the United Kingdom. The UK Government admits

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Brexit would be risk-free. But he thinks there's a threat. As we look

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to EU exit, remember that Scotland's trades over four times more with the

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rest of the EU than with the EU. This is a bedrock of support that

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can only come from being part of the UK. Some things have been made clear

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him in Bellingham. The UK Government intends to bleed on all Brexit

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talks, and it fully expect Scotland to leave the EU at the same time as

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the rest of the UK. So, what happens next? Is David Mundell right, or

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does got the need to rethink its relationship with the UK to maintain

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its relationship with Europe? Likely to influence that debate is the

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economic influence of Brexit. Some warnings and that French today. The

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pound fell to a 31 year low against the dollar, and the IMF has cut its

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growth forecast for the UK next year. The Prime Minister thinks

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Brexit is an opportunity. She has pledged to make a success of it. But

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she also admits it won't all be plain sailing. The process of

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leaving the European Union is going to be one which will take complex

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negotiations with the EU. I'm very clear that we want to get the radio

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for the UK. As I said, it's not going to be plain sailing and there

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will be some bumps in the road. We should always remember that the

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fundamentals of the UK economy are strong. We have the fifth largest

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economy in the world. Employment is a record high and we have been one

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of the fastest-growing economies over recent years. As we look ahead

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to the deal will have with European Union, and claim we want the best

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deal for British business and here in the UK. Many of the Conservative

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faithful think the future is bright outside the EU. But questions and

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many of them still remain on the road to Brexit.

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The International Monetary Fund has given its latest forecast

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It's warned that overall economic recovery remains

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"weak and precarious" but predicts growth this year of 3.1%,

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The IMF has raised its prediction for UK GDP growth this

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year to 1.8%, but cuts the figure for 2017 to 1.1%.

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It forecasts weaker growth in the USA and says the Brexit vote

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I've been speaking to Fabien Zuleeg, Chief Executive

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of the European Policy Centre, and the economist Vicky Pryce.

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It is obvious they are still very worried. Leros are some factors

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which are keeping growth down in the world economy. One of the most

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important things is well trained. Which has simply not been picking up

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as it should do at this point of the cycle. That is happening mainly

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because of geopolitical tensions and commodity price declines. A number

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of companies are really not growing very fast at all. Normally, trader

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should be growing faster, considerably faster, than world

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growth. The fact that it isn't is keeping world growth itself quite

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subdued. I think that makes the whole environment in which any of

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those events which could unsettle it could upset it much more risky for

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the future. Fabien, the IMF looks different countries and different

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projections. For the UK, the forecast for this year was OK. But

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for next year, they are predicting a slight dip. Was not something you

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would have expected in the post Brexit environment? I think we are

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going to see the impact of the Brexit process. At the moment, we

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are still talking about a process. We haven't had Brexit yet. The full

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impact is not going to, not even next year, but beyond that. Vicky,

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the IMF mentioned the difficulties of being anti-immigration and

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anti-trade, and raising those big political issues. Are those really

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going to be the decider is, do you think, of economic, particularly in

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the next year? Those points are very important that they are making. What

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we have seen is that the world is becoming a bit more protectionist.

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When economies are not doing very well done everyone becomes more

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nationalistic they see what is going on right now in the US with the

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presidential elections. Of course, you get that protectionist sentiment

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coming through. It's quite worrying, if you at the meeting that took

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place in September by the G20 when they raised protectionism as one of

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the areas they wanted to combat. They in fact argued that they are

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doing a lot to reduce it. In reality, as we know from various

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reports, 70% of all the recent protectionist measures came from G20

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countries. One of the things the IMF is worried about is also the UK and

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Brexit and the way in which trade relationships with Europe will take

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quite some time to unravel and to lead to a conclusion where we get to

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beat again. But certainly worries them. If the developed countries to

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form protection policies, what is the impact on the developing

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countries who are trying to trade and increase their trade? That is

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the real concern. That trade is simply not going to pick up as fast

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as it should if everybody is just trying to look after themselves.

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There is an added issue which is that the financial sector itself has

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also reach wrenched considerably following big financial choices. --

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has also curtailed following the big financial trenches. It is one of the

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reasons we have seen trade growth nothing like what it should be

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because finance has simply not been forthcoming. The effort of the

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central banks all around the world, particularly the European Central

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Bank, has been to put in -- to ensure the finance actually

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materialises. Without that, we are going to be finding very low growth

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in the world economy as a whole. Those protectionist measures, if

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anything, will increase. Fabien, you are currently advising the Scottish

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Government on Brexit. How was that process going and how different is

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the situation for Scotland within the UK? At the moment, we're looking

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at different options, how Scotland's interest in the EU can be protected.

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Of course, Scotland have some specific concerns with its

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relationship to the EU, but also with regards to the global trade

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situation. WTO rules are being affected by Brexit as well. We are

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looking at all of these implications and advising the government

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accordingly. The fall in sterling that we saw today, how much is that

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adding to the uncertainty looking forward? I think what we are seeing

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now is exactly what was expected. There would be quite a significant

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devaluation of sterling, but even more so that we are actually seeing

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volatility in the market because of the uncertainty to do with the

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political process, which is unfolding. I would expect that we

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are going to continue to see quite a bit of change in the sterling

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exchange rate to the euro, depending on how markets judge the likelihood

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of a hard Brexit Borisov Brexit. What kind of a deal do you think

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Scotland could end up getting, and how much are you considering the

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difference that it could make if Scotland was independent? Firstly,

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this is about determining what the UK negotiation position is going to

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be. There are some interests which ought to be protected for the UK as

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a whole. Which is also in the interest of Scotland. If that is the

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route the UK Government is going to go down, I think then the prospect

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of a Scottish independence referendum is probably not on the

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horizon. However, if the UK Government goes for a very hard

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Brexit, I think it will be one of the things which will be considered.

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Vicky, you were at the Conservative Party conference in Birmingham, you

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have been attending some of the fringe events. Theresa May was very

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firm today that she wasn't overly concerned about the fall in sterling

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in particular. She seems to be giving a very confident face going

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forward. What were you picking up in the mood of the events you have been

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at? I think there is certainly confusion about what sort of exit

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we're going to have. Whether it will be a hard Brexit or some people call

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it a clean Brexit. Or whether we will still be trying to negotiate

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after we repeal the act which tied us to the European community. In

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fact, what it means in terms of negotiating which rules we keep and

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which rules we get rid of, that would be a long process. People

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realise that would be the case. What we know is that the economy is

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likely to slow down next year and we know that interest rates are going

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to stay low. What this means is that sterling will still be leak. --

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still be weak. There will be costs people eventually, inflation going

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up. What we have seen is the boss had taken Philip Hammond's quite

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seriously when he talked himself about to march was times coming

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ahead. And needing, in fact, to ensure that the economy continues to

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survive all that and offering to do more in terms of infrastructure and

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also housing. We've seen in the mood being one that says, yes, good so

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far. Sterling has been helpful. For the moment. But there is a lot to

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watch out for. Not everyone has understood it, there is still a lot

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of positive talk about everything being absolutely fine. I think that

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is forgetting the realities of what is happening in the markets and how

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people would react in terms of investment and so on. But I think it

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will eventually get through to people that we are going to have

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some difficult times and the institutions that we've got, the

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Bank of England, the Treasury and so on, going to the ones that have to

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do things to ensure that the economies of the entire British

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Islands do reasonably well in the next year. Fabien, what do you think

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will be the utmost priority for Scotland? Do you think you will be

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access to the single market? I think it goes further than access. The

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real priority of membership of the single market. That looks very

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unlikely given the stance on freedom of movement, which has taken us up.

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And also abiding by the rules. Membership of the single market is

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the optimal situation. Negotiating at is on a sector by sector basis.

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It is far more difficult and far more costly. Fabien and Vicky, thank

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you both very much for joining us. In the Syrian city of Aleppo,

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heavy bombardment has resumed following the collapse

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of the recent ceasefire. The United Nations has called

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for an immediate end to the bombing of eastern Aleppo

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by Syrian Government The latest official figures show

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that 106 children have been killed in the rebel-held areas

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in just over a week. The BBC's special correspondent

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Fergal Keane reports on the growing His report does contain

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some distressing images Tenderness from a father who must

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watch the slow wasting of his child's body. His son, aged 11, was

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wounded in an air strike. His stomach was ripped open.

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He is trapped by the siege. A child starving because of the damage to

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his bowel and the absence of proper intrusion. And constantly wary of

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new bombing. -- absence of proper nutrition. Hospitals have come under

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sustained attack with only basic facilities doctors struggle. This

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seven-year-old suffers will stop -- this seven-year-old suffers. "Good

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Boy, were almost finished", the doctor says.

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He is taken home. His grandmother wants to get into Turkey. Listen to

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the sound of rockets landing before she speaks.

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There is an irrepressible longing for normality. Risking the walk to

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school with friends. The children are taught in the basement in the

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hope they might be safer from falling bombs. But really, nowhere

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in eastern Aleppo is safe. He has already lost a close friend.

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Aleppo's agony began four years ago. But it has escalated dramatically.

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The city's East is a claustrophobic hell from which there is now no

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escape. Before the latest encirclement, many fled. Children

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losing their homes and country. We met some of them in the valley.

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The siege represents just the first problem, because even if they manage

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to escape, the children face a new trap. They crossed the mountains

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behind me and arrived in Lebanon on. A trauma of war in a world where

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they are hemmed in. This child arrives in Aleppo three days ago,

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crossing on a mule with a severe heart condition. She has joined her

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grandchildren. This cousin's father was killed by a sniper in Aleppo.

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This is the paradox of memory. It offers comfort and Spain. -- and

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pain. Abdul cannot work because of injury. So his 14-year-old daughter

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works in the field all day everyday to support the family.

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Cluster bombs, bunker busters, barrel bombs, phosphorus bombs. They

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had all been dropped hair. The Syrian Government and its Russian

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allies have dropped them. 106 children have been killed in just

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over a week. The Kremlin says rebels are deliberately using populated

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area and rejects claims of war crimes. We are taking most streets

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precautions so that we don't hit civilians by any chance. If this

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happens, we are very sorry, but we need to investigate each and every

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accusation. I'd never seen anything so blatant as these heightened

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attacks upon children. Everybody knows that as long as these kind of

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attacks with these massive explosive weapons take place children will be

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killed. It cannot be denied that this will be the result. Though

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these attacks should stop immediately.

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There are enough treaties, Lars and promises to protect the children. --

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treble. The problem is, those with power do not care to enforce the

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laws. That is the tragedy of the children of Aleppo.

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Fergal Keane reporting on the plight of Aleppo's children.

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Ballet is revered by those who follow it,

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and perhaps misunderstood by those who don't.

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In an attempt to gain the appreciation of a wider

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audience, ballet companies from around the world today took

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to the internet to stream rehearsals and performances live.

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But can such high-tech actions boost this most graceful of art-forms

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Ballet in all its current colourful glory. The Nutcracker looks

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effortless. Companies have been streaming their performances live on

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Facebook. Filmed live here in the company's Glasgow studios. They are

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here training and rehearsing for several hours every day. Commitment

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is 100%. Unfortunately, ballet is not a mass participation art home.

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Can World Ballet Day change that? Social media is one way dancers can

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reach out to new audiences. We did a live webcast from this chilling. It

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tells us connect to the audiences and for our audiences to know the

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dancers. As the repertoire we are promoting, the younger boys, the

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variety of repertoire. It allows us to get instant feedback as well. --

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the younger voice. Otherwise we wouldn't be able to get to these

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people. Ballet companies continue to diversify into contemporary dance

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and traditional ballet can be old hat, it said. What about those

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dancers starving themselves traditionally? This instructor says

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it is changing. More classical, the classical domain, it is about

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everybody, perfect lines. Now, we are doing so much more I feel.

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Different types of dancing that they should maybe, maybe I am naive, but

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maybe it is less and less. A place in Scotland's National

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Ballet is a price for many young dancers. The company is able to

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attract talented individuals from around the world. There are several

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companies in France, but the UK dance scene is greater. I think it

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is amazing that European dancers and people from all around the world are

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coming. The stamina is clear in the autumn season. Why aren't these

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dancers lauded like athletes? I used to play as Joe and rules football

:22:55.:22:57.

industry while I was training for a fair few years -- Australia. I chose

:22:58.:23:06.

ballet because it is more difficult because you have to make it look

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easy. That is the difference between us and footballers, that is 90

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minutes on a pitch breathing heavily the entire time. You have to be

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cleaned with the ball. Latin dance you have to make it look as if it is

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effortless. -- in ballet. They need to marry stamina with elegance this

:23:34.:23:36.

autumn. And perhaps inspire a whole new audience.

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Now, joining me to discuss the day's big stories are Marianne Taylor

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from The Herald and Peter Geoghegan, who's a journalist and author.

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A few things. But we were talking about the IMF forecast for global

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and UK growth that we heard about today. The ink to Brexit. Any

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surprise, Marianne, that in the news next year we could see growth in the

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UK dipping slightly as a result of uncertainty. This IMF latest info

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had something for everybody. If you are prone wrecks since it is clear

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that it over at its initial focus. That would happen immediately after,

:24:22.:24:30.

an immediate recession. -- pro Brexit. On the other hand, I am not

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shocked about the forecast for 2017. It is dependent on whether or not

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the UK is able to go into the single market. That is very key. That will

:24:48.:24:54.

be what the IMF are thinking about. Paul, hard to predict anything

:24:55.:24:58.

increasingly because of the certainty? I guess for anyone

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looking at it. As Marianne said, if you are prone Brexit, you would say

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that. Before the Brexit vote they said that and now the has not in.

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Now it shows it, it is a terrible decision, they say. The economic

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shots bull sharks take a long time to hit. Make banking bust hasn't

:25:24.:25:30.

changed my life will stop it years down the line, a spirited ice,

:25:31.:25:36.

people lost their houses, financial collapse, business concerns. Most of

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the signs are ready negative really. Rebound because predictions were so

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poor, the pound has sunk to a 31 year low. The stock market has

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boomed. Of course it is booming because it is in that tells you

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nothing. Chinese companies, minor British companies they are investing

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in because it is so cheap. We have lost control because it is so cheap.

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If you are going on holiday or exploit the pounds... It is a hard

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one. It is hard for anyone. There are so many things that you cannot

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know. It is hard to know how your hopes and fears and future plans

:26:30.:26:36.

will be impacted. If there is no entry into the single market we will

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see, I think, confidence Trainer way. We might see wage cuts, job

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losses. -- drain away. These things will hit people very very badly. How

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this will impact on their thoughts as for England as opposed to

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Scotland and what that will mean for each of the nations, that is an

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interesting factor too. In Scotland today we had a fiery debate in the

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Scottish Parliament about finance and the finance secretary, Derek

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Mackay, coming under pressure for showing contempt of Parliament. The

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timing of the budget because of the Autumn Statement coming so late on

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the 23rd of December is only getting three weeks for the opposition to

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scrutinise. Is this a problem that you think? I think it is an issue.

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But what I would also say it, I am quite pleased to see some real

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actual, fiery talk around this. Often Holyrood over the years has

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been accused of being weak on scrutiny. There is no second chamber

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as an example of the committee system has been a bit weak. I like,

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I have enjoyed, the demands of more time for scrutiny. They are right to

:28:03.:28:07.

do so. I can see we are in a high position, they are in a higher

:28:08.:28:11.

position. They are waiting for the Autumn Statement. On the other hand,

:28:12.:28:18.

MSPs needs time to scrutinise this hard. Holyrood and I have thought

:28:19.:28:21.

for some time it needs more measures. More time, is that

:28:22.:28:27.

something to look at seeing as the Autumn Statement is later? Tying

:28:28.:28:35.

into Brexit, a professor from Dundee appearing in front of Hollywood's,

:28:36.:28:40.

more power is coming to Holyrood she was saying if that is how it turned

:28:41.:28:45.

out. They might be the need for more scrutiny down the line. Tonight,

:28:46.:28:52.

another debate on US television. The vice president candidates. Do we

:28:53.:28:58.

know much about them? I am not going to lie, I have never heard of either

:28:59.:29:03.

of them. I did see a report where most Americans that they interviewed

:29:04.:29:06.

haven't heard of them either. Unless you are Sarah Payne, as a vice

:29:07.:29:13.

presidential candidate you will not be on the radar. Especially when it

:29:14.:29:16.

is Donald Trump against Hillary Clinton. Taking up a lot of the

:29:17.:29:28.

oxygen. Tim Kaine, here's ancestors are many Irish Americans. Many

:29:29.:29:34.

politicians have claimed Irish ancestry. But he has a proper link.

:29:35.:29:39.

His great-grandfather is near my home town. I did a feature, his

:29:40.:29:45.

fourth and fifth cousin, I was shown the cattle shed in which is great

:29:46.:29:51.

great-grandfather was born. I spoke to his dad. He was a lovely man. It

:29:52.:29:57.

was interesting, he remembers growing up in Kansas. A real

:29:58.:30:01.

straight businessman, his grandfather. It was fascinating to

:30:02.:30:07.

go back and see where he came from. He described himself as boring, so

:30:08.:30:11.

maybe boring is good in this context. Trump's running mate is

:30:12.:30:21.

described as a the rest Republican. Given the stature of their running

:30:22.:30:23.

mates, the people they are behind, in this election being stale and now

:30:24.:30:31.

is not a bad thing. Two suburban dads. Will you stay up or watch the

:30:32.:30:38.

highlights? Highlights, I think. Even the political anoraks will not

:30:39.:30:44.

stay up all night for this one! The debates will be on the BBC from 2am.

:30:45.:30:46.

Shelly will be here tomorrow night at the usual time so do

:30:47.:30:50.

JOHNNY CASH: # You can run on for a long time

:30:51.:31:05.

# Sooner or later God'll cut you down

:31:06.:31:15.

# Tell the rambler, the gambler, the backbiter

:31:16.:31:19.

# Tell 'em that God's gonna cut 'em down... #

:31:20.:31:23.

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