:00:00. > :00:00.Those are the latest headlines from BBC World News.
:00:00. > :00:00.Now for the latest financial news with
:00:00. > :00:22.The new ruling party in Poland says it will amend the 2016 budget
:00:23. > :00:30.and introduce a bank tax on assets already at the start of next year.
:00:31. > :00:32.The Chinese are taking to the sea, creating a boom
:00:33. > :00:48.In a minute we'll have an intriguing report on how a village in Indonesia
:00:49. > :00:56.Poland's conservative opposition Law and Justice Party,
:00:57. > :00:58.which opposes adopting the euro currency and is anti-migrant,
:00:59. > :01:02.Exit polls suggest it has enough seats to govern alone with
:01:03. > :01:06.The party plans a $91 billion central bank stimulus
:01:07. > :01:08.programme and a sharp rise in public spending to boost economic
:01:09. > :01:35.growth and wages in central and Eastern Europe's largest economy.
:01:36. > :01:38.Joining me now is Dr Jan Culik, senior lecturer at the University
:01:39. > :01:49.Thank you for being on the programme. I have just scrape the
:01:50. > :01:53.surface of some of their proposals in a pre-election runner. Talk us
:01:54. > :01:59.through some of their ideas, and then we will get onto where do you
:02:00. > :02:09.think they will work. Basically, one has to go back to the year 2005 when
:02:10. > :02:15.they won the election last time. And they didn't get through the entire
:02:16. > :02:25.period because there government fell apart due to internal squabbling.
:02:26. > :02:29.Theirs was a very professional and efficient election campaign, and
:02:30. > :02:33.frankly it is difficult to know whether any of their promises can be
:02:34. > :02:37.fulfilled, it is on one hand they are proposing to give families more
:02:38. > :02:44.money to race to win minimum wage, and on the other hand to cut taxes,
:02:45. > :02:50.so it doesn't really seem to hold together. It is true I suppose that
:02:51. > :02:59.the people voted for them for many reasons, one of them was that there
:03:00. > :03:02.are low wages in Poland, with many people coming to other parts of the
:03:03. > :03:08.EU to work because the wages in Poland, in spite of the fact that
:03:09. > :03:14.the economy is doing very well, are very low. For instance, they are
:03:15. > :03:18.proposing to raise the minimum wage to what is about ?2. In Britain,
:03:19. > :03:29.that would be horrendous. There are various other reasons, with Vladimir
:03:30. > :03:36.Putin is behaving quite aggressively towards Poland. A lot of Polish
:03:37. > :03:40.nationalism has been whipped up by this party, and they demand strong
:03:41. > :03:46.actions by Nato against Russia. Of course, this campaign against
:03:47. > :03:50.refugees, which have affected Poland recently, but the head of the party
:03:51. > :03:54.has made some horrendous statements about refugees and how they bring
:03:55. > :04:02.diseases, and this is what was said about the Jews in the 1930s in Nazi
:04:03. > :04:06.Germany. There is a whole gamut of reasons why people voted for them,
:04:07. > :04:10.but the question is whether the programme can be successful. I just
:04:11. > :04:14.don't believe it. We are out of time, but your view is very clear,
:04:15. > :04:18.and interesting to hear the different ideas they have in mind.
:04:19. > :04:19.There is a lot more detail on our website about that analysis, so take
:04:20. > :04:25.a look as and when you have time. Renewable energy is usually
:04:26. > :04:27.associated with countries which can But could there be something to
:04:28. > :04:31.learn from small projects One village in Indonesia is using
:04:32. > :04:34.waste water from the production of tofu to make biogas, which is
:04:35. > :04:49.in turn providing power for homes. Tofu has been made like this for
:04:50. > :04:56.generations. Deep-fried, it is a popular dish across the archipelago,
:04:57. > :05:04.but here at this factory they are not only producing food but fuel.
:05:05. > :05:11.The energy can be used in households for cooking. The main reason is to
:05:12. > :05:16.reduce environmental pollution. He used to dump is wasting the river,
:05:17. > :05:21.polluting waterways and the soil. Thanks to a process developed by the
:05:22. > :05:25.state technology Institute, he is now filtering the wastewater through
:05:26. > :05:29.an underground sewerage system. It is then treated to produce biogas,
:05:30. > :05:36.providing people are this woman with a cooking fuel ten times cheaper
:05:37. > :05:47.than liquid gas. Defusing biogas, I only need to spend about 10,000
:05:48. > :05:52.rupiah per month. More than 2000 factories have started, and they are
:05:53. > :05:59.producing much more biogas and is needed every day. This is also an
:06:00. > :06:02.initiative aimed at reducing Indonesia's carbon footprint.
:06:03. > :06:05.More than 1 million Chinese will go on a cruise holiday this year,
:06:06. > :06:07.that's nearly five times as many as in 2012.
:06:08. > :06:10.But with a potential market of 110 million leisure travellers
:06:11. > :06:13.the global cruise ship industry is keen to nurture this market.
:06:14. > :06:15.The big players, the likes of Carnival and Royal Caribbean,
:06:16. > :06:18.which at the moment account for around 80% of the Chinese market,
:06:19. > :06:21.have begun sending new vessels to be permanently based in the East.
:06:22. > :06:23.To encourage further investment in this area
:06:24. > :06:26.the Chinese government is predicting 4.5 million of its citizens will be
:06:27. > :06:29.By 2030 that figure could be 7 million!
:06:30. > :06:33.Chinese travellers want a very different kind of cruise to those
:06:34. > :06:44.Someone who knows all about this is Gianni Onorato,
:06:45. > :06:48.CEO of MSC Cruises, it has just announced a new partnership with
:06:49. > :07:08.It sounds like an amazing market in terms of its potential, but as ever
:07:09. > :07:15.there needs to be a lot done to make it work properly, doesn't that? Talk
:07:16. > :07:28.us through your ambitions for the region. This is part of our
:07:29. > :07:35.strategy, to become a major player. The Middle East, South America and
:07:36. > :07:44.Asia were part of it, but now China is a new market, and also preparing
:07:45. > :07:52.our new ships in the next seven years, we have an important plan.
:07:53. > :08:00.What is the Chinese traveller want when they go on a cruise? What are
:08:01. > :08:08.they looking for? This partnership is the first example of a
:08:09. > :08:13.partnership of shipping and hospitality expert companies like
:08:14. > :08:23.ours, and very deep knowledge from the consumer side. What we are
:08:24. > :08:29.looking for is customising the ships in terms of hardware and the types
:08:30. > :08:36.of services we will offer. Also to furnish their ships, with more
:08:37. > :08:44.sheltered areas. The Chinese don't really like the sun. And more food
:08:45. > :08:48.outlets and tea rooms. More casinos and more entertainment. It sounds
:08:49. > :08:53.like there is a lot to do. When it comes to the development of ports in
:08:54. > :08:57.Asia, that is very important isn't it, for your business model to work
:08:58. > :09:01.you need key ports in the area to be up and running and able to receive
:09:02. > :09:09.your enormous ships, as well as the likes of carnival and Royal
:09:10. > :09:14.Caribbean ships. That is correct, this is one area, Japan and Korea
:09:15. > :09:20.being the favourite destinations. It needs to be developed further,
:09:21. > :09:29.although a lot of improvements have been made in the last few years.
:09:30. > :09:35.Other destinations around China will be developed to ensure the growth of
:09:36. > :09:41.this industry. Thank you very much your time. Let's have a look at the
:09:42. > :09:45.financial markets. In Asia, a lot of attention on China. They are
:09:46. > :09:50.starting their week-long discussion of their five-year plan for the
:09:51. > :09:56.Chinese economy. We will be talking about that in detail in a few
:09:57. > :10:00.minutes, but there is a boost, with a move in interest rates earlier in
:10:01. > :10:05.the week.