:00:08. > :00:09.Now for the latest financial news with Sally Bundock
:00:10. > :00:17.Weighing the arguments - a federal appeals court hears
:00:18. > :00:19.the case for and against President Trump's controversial
:00:20. > :00:26.travel ban - we talk you through what's at stake.
:00:27. > :00:29.And share markets in India soar on the hopes its central bank
:00:30. > :00:31.will cut interest rates to revive the economy -
:00:32. > :00:44.We'll be live in Mumbai for the latest.
:00:45. > :00:51.The farmers who put solar panels in their fields.
:00:52. > :00:56.We start with President Trump's travel ban which has
:00:57. > :01:00.A panel of appeals court judges hammered away at the government's
:01:01. > :01:03.arguments that the ban was motivated by terrorism fears.
:01:04. > :01:05.But they also asked pointed questions over claims it targeted
:01:06. > :01:14.The hearing was conducted by phone - an unusual step - and while no
:01:15. > :01:17.verdict was announced a spokesman for the court said it's likely
:01:18. > :01:21.Whatever the court eventually decides, either side could ask
:01:22. > :01:24.the Supreme Court to intervene which almost certainly means more
:01:25. > :01:27.delay and confusion for millions of people around the world and also
:01:28. > :01:39.for some of the United States' biggest businesses.
:01:40. > :01:42.President Trump has been trying to temporarily ban people entering
:01:43. > :01:47.He says "this is about terror and keeping our country safe"
:01:48. > :01:49.while a stricter vetting system is put in place.
:01:50. > :01:52.But there have been widespread protests against the ban -
:01:53. > :01:54.127 companies including the likes of Apple, Google,
:01:55. > :01:56.Microsoft, Tesla and Levi Strauss have all filed court submissions
:01:57. > :01:58.in support of the ban being overturned.
:01:59. > :02:00.In those documents they argued "Multinational companies
:02:01. > :02:03.In those documents they argued "Multinational companies
:02:04. > :02:06.To base operations outside the United States"
:02:07. > :02:09.At the moment many of these companies use the H-1B visa
:02:10. > :02:12.programme which grants entry to 85,000 skilled foreigners a year
:02:13. > :02:16.There are approximately three applications for every
:02:17. > :02:27.With me is Marianna Fotaki, Professor of Business Ethics
:02:28. > :02:49.Give us your take on how damaging this process is, given we have still
:02:50. > :02:54.-- to have no conclusion. Many people will agree that this ban is
:02:55. > :03:05.cool as -- and in sensitive. -- crawl. Banning people from entire
:03:06. > :03:10.countries. Those people are seen as a suspect of terror without any
:03:11. > :03:15.evidence being brought. That is unjustified that is perhaps cruel.
:03:16. > :03:19.People from those countries are really quite poor people and they
:03:20. > :03:25.have been affected by ill and defies US foreign policy. That is the
:03:26. > :03:30.ethical grounds. Dubious ethics means dubious business in many
:03:31. > :03:41.cases. What are the potential impact? In the short term, the ban
:03:42. > :03:47.is just came as an executive order without clear guidelines, who should
:03:48. > :03:50.it include. In the beginning, people who were residents were also
:03:51. > :03:54.affected and then that was overturned. Really, the airport
:03:55. > :03:59.workers are actually left to decide who they should actually stop from
:04:00. > :04:05.entering the country and in many cases, this means separating
:04:06. > :04:10.families, as we have seen. That is the short term. More importantly, if
:04:11. > :04:15.this ban continues, it will affect the image of the US and not just the
:04:16. > :04:22.image but business thrives on diversity. Diversity -- innovation
:04:23. > :04:32.thrives on diversity as well. US is very successful because it has been
:04:33. > :04:37.conceived as an open, fair and... Sorry, I don't want to interrupt you
:04:38. > :04:43.but I just have to say, from the point of view of the consumers of
:04:44. > :04:47.these companies around the world and the companies themselves, if they
:04:48. > :04:51.put out an application for new workers, obviously this temporary
:04:52. > :04:56.ban is the suspended at the moment so it is not in place right now, but
:04:57. > :05:06.even if it was put back in place, the think it will hinder people
:05:07. > :05:11.coming to the US to work -- to work in the US in the future? People who
:05:12. > :05:16.have choices will think twice to make US there are home. Even though
:05:17. > :05:19.the bosses of these companies are very pro-diversity and from
:05:20. > :05:23.different parts of the world to themselves. Indeed. That is why
:05:24. > :05:27.there has been this reaction. That is why I would suggest that they use
:05:28. > :05:34.considerable means to fight this order in the court of law. All
:05:35. > :05:42.right, thank you the -- for your perspective. When we get any news of
:05:43. > :05:43.any decision in the US, we will fill you in.
:05:44. > :05:45.India's central bank meets to review its monetary
:05:46. > :05:48.It's the first meeting since the government
:05:49. > :05:51.announced its latest budget, and second after the controversial
:05:52. > :05:58.Let's cross live to Mumbai and speak to our business reporter Sameer
:05:59. > :06:10.Nice to see you. Lots of people are hoping there will be a cut in
:06:11. > :06:15.interest rates. Will they deliver? It is a close one. You look at all
:06:16. > :06:19.the polls that have been done in the last few days. Most economists feel
:06:20. > :06:23.that India's central bank will go ahead with the rate cut. Because
:06:24. > :06:29.inflation has slowed down, it is a primary concern and also the cash
:06:30. > :06:38.ban which came into place 3.5 months ago, the dust has started to
:06:39. > :06:45.special. -- settles. It has made clearer what is to come in the
:06:46. > :06:51.coming months. There is also a school of thought that given that
:06:52. > :06:54.there is so much cash in the system after the rupee ban because
:06:55. > :06:58.everybody had to deposit their money back into the banks, banks have
:06:59. > :07:05.ready started cutting rates. Rates are already down. It's really not
:07:06. > :07:12.going to have any major impact. If they cut rates in the future. We
:07:13. > :07:16.will know the ants in 3.5 hours whether they will cut rates not. --
:07:17. > :07:21.answer. Speak to you soon. After relying on nuclear power
:07:22. > :07:24.for decades, Taiwan will stop So the government is ramping
:07:25. > :07:28.up the use of green - or renewable - energy,
:07:29. > :07:30.by installing wind turbines and converting damaged or unused
:07:31. > :07:33.farmland into solar farms. Cindy Sui reports from
:07:34. > :07:35.Southern Taiwan where farmers are cultivating solar
:07:36. > :07:51.energy instead of crops. These fields are helping Taiwan to
:07:52. > :07:57.produce modern renewable energy. The soil is damaged and most crops no
:07:58. > :08:00.longer top - here. Now farmers are helping produce something else
:08:01. > :08:05.instead. They earn money by a leasing their land to solar energy
:08:06. > :08:13.companies and taking care of the panels. TRANSLATION: I never an
:08:14. > :08:18.imagined our ancestors land would be used in this way. This is one of
:08:19. > :08:22.hundreds of local farmers whose land is getting a new lease on life.
:08:23. > :08:26.There are projects like this throughout Taiwan. Wherever they
:08:27. > :08:30.can, the central and local governments are trying to find low
:08:31. > :08:37.quality or unused land and turn them into solar energy farms. Solar
:08:38. > :08:41.panels have also been placed on landmark Bill Dixon including Best
:08:42. > :08:47.aquarium, this stadium and even this prison. -- buildings. It is part of
:08:48. > :08:54.the planned to do away with an renewable energy which currently
:08:55. > :09:01.produces 40% of Taiwan's energy. That includes scrapping this newly
:09:02. > :09:05.built nuclear power pant is for it opens -- power plant, before it
:09:06. > :09:13.opens. Taiwan also needs more wind turbines and natural gas plants. The
:09:14. > :09:18.government wants green energy to eventually produce a fifth of the
:09:19. > :09:23.island's electricity. Although green energy is ticking over in a
:09:24. > :09:31.agricultural land, that doesn't mean a complete end to farming.
:09:32. > :09:37.Underneath the solar panels, we grow mushrooms. The electricity we
:09:38. > :09:43.generate is clean energy. It is good with -- it is good for Taiwan's
:09:44. > :09:58.energy and good for the world. After a strong surge on Tuesday,
:09:59. > :10:00.Bombay is taking a pause right now ahead of the rate decision.