07/10/2016

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:00:00. > :00:00.much worse -- walls. For the advanced economy where much of this

:00:00. > :00:00.backlash is coming from, do you agree some people have been left

:00:00. > :00:10.behind and not enough has been done to help those people, retrain and

:00:11. > :00:14.reskill? I hear them, in my life is not better than my parents, and my

:00:15. > :00:20.children's life doesn't look like it will be better than mine. There is a

:00:21. > :00:23.real concern. The answer is to have more robust social protection

:00:24. > :00:26.programmes so you have a safety net, then you have to get serious about

:00:27. > :00:33.getting the skills you need of of the future. 2013, the United Nations

:00:34. > :00:40.said some witty ambitious poverty targets. Eradicating extreme poverty

:00:41. > :00:44.by 2013. -- 2030. A lot of that relies on global growth and lifting

:00:45. > :00:47.people out of poverty. If this popular backlash against free trade

:00:48. > :00:52.continues, you think those targets could be at risk? There will be much

:00:53. > :00:56.harder to achieve, no question. We can build all the infrastructure we

:00:57. > :01:00.want and increase trade among the emerging market countries, but at

:01:01. > :01:05.the end of the day, if global trade does not grow at a much more robust

:01:06. > :01:09.rate, it will be very difficult for us to reach those targets. We will

:01:10. > :01:13.work at it. We know it is not just interesting in infrastructure and

:01:14. > :01:17.the other foundational element of global growth. You also have to

:01:18. > :01:20.invest in people and have better health and education. You need

:01:21. > :01:25.better social protection programmes. We will do all of that. But if the

:01:26. > :01:29.developed countries close their borders, it will be very difficult.

:01:30. > :01:34.And it will be difficult for those countries as well. Use a very

:01:35. > :01:38.difficult. Do you think there is a chance of missing those targets

:01:39. > :01:44.closing the Borders? Absolutely, it is possible. Many of us who have

:01:45. > :01:48.watched this up close, how important trade is for everybody, we have not

:01:49. > :01:52.done a good enough job of telling that story to people in high income

:01:53. > :01:57.countries. There you go. The boss of the World Bank. We will have more

:01:58. > :01:59.throughout the rest of the morning on that.

:02:00. > :02:02.We are also talking about pollution and climate change -

:02:03. > :02:03.specifically the damage done by flying.

:02:04. > :02:06.Late on Thursday, an agreement was signed to limit emissions

:02:07. > :02:09.Aviation produces about 2% of all CO2 emissions -

:02:10. > :02:14.that's more than some industrialised nations.

:02:15. > :02:19.The deal is voluntary to begin with, but becomes compulsory

:02:20. > :02:21.from 2027 for countries with large airline sectors.

:02:22. > :02:24.But there are big questions about how effective it will be.

:02:25. > :03:34.There you go. Talking of going, let's go over to Asia now.

:03:35. > :03:37.says its third-quarter profits will be better than expected

:03:38. > :03:40.despite the damaging recall of its flagship Note7

:03:41. > :03:48.That is not what you want in a smart phone.

:03:49. > :03:51.Samsung says it probably made profits of $7 billion

:03:52. > :03:55.Rico Hizon is following the story for us in Singapore.

:03:56. > :04:07.Good to see you. How are you? Very fine, despite these exploding smart

:04:08. > :04:13.phones, the company looks like it could make around $7 million? Many

:04:14. > :04:15.analysts were expecting the worst from this earnings guidance from

:04:16. > :04:21.Samsung Electronics. You mentioned the recall. They even have pressure

:04:22. > :04:25.from activist investors to split them sunk into two companies, and

:04:26. > :04:33.you have a complex bishop succession. But South Korean

:04:34. > :04:37.conglomerates guidance say it is OK and were expecting West others.

:04:38. > :04:43.Operating profit will be coming in at 5.6% despite the setback. The

:04:44. > :04:48.Note7 has been recalled in ten markets around the world. Including

:04:49. > :04:52.the US, Europe and South Korea. A product which was supposed to be

:04:53. > :04:59.Samsung's beaky to boost its bottom line has instead disappointed. It's

:05:00. > :05:02.faulty batteries have resulted in a challenging near to medium term for

:05:03. > :05:07.the conglomerate, but a strong performance by its chip and display

:05:08. > :05:11.business is expected to offset some of those losses. So far so good for

:05:12. > :05:16.them sunk electronics for the third quarter, but expect some

:05:17. > :05:22.disappointing numbers in the fourth quarter of this year -- %. While I

:05:23. > :05:31.have you. Can you explain it to viewers around the world about this

:05:32. > :05:39.called to break Samsung up? Samsung is a huge conglomerate with close to

:05:40. > :05:41.60 companies, so interest is -- investors want to radically

:05:42. > :05:46.restructure the firm into two separate holding an operating

:05:47. > :05:50.companies, and if they are basically split into two, they would be more

:05:51. > :05:55.efficient. This proposal is getting the thumbs up from international

:05:56. > :06:03.investors. The stock price is currently at record highs of 1.7

:06:04. > :06:08.million per share. Thank you. We will speak to you shortly. Twitter

:06:09. > :06:15.shares have continued to plunge after a report cast doubt over the

:06:16. > :06:19.hopes of the takeover. Google and Disney will not be in the social

:06:20. > :06:23.network and Apple is unlikely to stop being either. A software maker

:06:24. > :06:29.has also been named but is yet to confirm its interest in traditions.

:06:30. > :06:33.They have fallen by as much as 90% -- Twitter shares. A quick flash of

:06:34. > :06:38.the market. The pound has been taking a hammering. This is what the

:06:39. > :06:40.Asian markets have been doing. It has recouped some of those losses.

:06:41. > :06:43.Don't forget you can get in touch with me and some

:06:44. > :06:52.And I will be back with James to take a look at papers from around

:06:53. > :06:55.the world. A historic deal limiting greenhouse

:06:56. > :06:57.gases from international aviation has been sealed after

:06:58. > :07:00.years of wrangling. From 2020, any increase in airline

:07:01. > :07:03.carbon dioxide emissions will be offset by activities

:07:04. > :07:05.like tree planting - The deal was reached

:07:06. > :07:10.during a momentous week for climate policy when the Paris agreement

:07:11. > :07:26.to stabilise climate change passed Aviation has been a rogue element in

:07:27. > :07:30.climate talks. The emissions ever increasing as passenger numbers grow

:07:31. > :07:36.and grow. The solution is a compromise. Aviation emissions will

:07:37. > :07:41.be allowed continued expansion until 2020. Then all future missions

:07:42. > :07:48.should be in some way offset -- emissions. Schemes like tree

:07:49. > :07:52.planting qualify as offsetting. Trees absorb the CO2 emitted by

:07:53. > :07:58.aircraft. Environmentalists say it is a copout. But it is the first

:07:59. > :08:03.deal on aviation emissions, and it comes in a week when the UN's Paris

:08:04. > :08:08.deal on keeping climate change stable has gathered enough force to

:08:09. > :08:10.become law. Scientists applaud the commitments, but say they are simply

:08:11. > :08:13.not strong enough. Doctors have warned of the dangers

:08:14. > :08:19.of giving children complementary therapies after a four-year-old

:08:20. > :08:25.boy ended up in A He had been taking 12 different

:08:26. > :08:27.holistic supplements - including vitamin D and camel's milk

:08:28. > :08:30.- from a natural health practitioner Clinicians said it should be

:08:31. > :08:35."routine practice" to take details Coming up at 6.00am on Breakfast,

:08:36. > :08:41.Naga Munchetty and Charlie Stayt will have all the day's news,

:08:42. > :08:43.business and sport. They'll also have more

:08:44. > :08:47.on Jeremy Corbyn's reshuffle. The Labour leader has

:08:48. > :08:50.changed his front bench team - sacking his chief whip

:08:51. > :08:52.and promoting Diane Abbott. Critics suggest it shows

:08:53. > :08:57.a failure to unify the party. That's Breakfast -

:08:58. > :09:06.on this channel - at 6.00. Two days after Haiti's southwestern

:09:07. > :09:11.peninsula was battered by Hurricane Matthew,

:09:12. > :09:12.a picture's emerging The Haitian government says

:09:13. > :09:15.the number of dead has The hurricane's moved over

:09:16. > :09:19.the Bahamas as it heads Millions of people in four US States

:09:20. > :09:23.have been responding to evacuation warnings, clogging the interstate

:09:24. > :09:25.highways as they flee The UN's Syria envoy,

:09:26. > :09:34.Staffan de Mistura, has made an impassioned plea for an end

:09:35. > :09:37.to the bombardment of rebel He said if the fighting didn't stop,

:09:38. > :09:41.the city could be wiped off A leading member of the UK

:09:42. > :09:49.Independence Party, Steven Woolfe, is recovering in hospital

:09:50. > :09:52.after a fight with a colleague at the European Parliament

:09:53. > :09:53.in Strasbourg. The party's interim leader has

:09:54. > :10:04.condemned the incident.