02/06/2017 World Business Report

While President Trump walks away from the Paris climate agreement,

Europe and China are expected to re-affirm their commitments

And what effect will Brexit have on countries like South Africa?

Including some wine. It may be a little bit early for wine in the UK

but not everywhere in the world. In a minute, we'll enter a parallel

universe of augmented reality. President Trump has said

he will pull the United States out of the Paris climate change accord,

calling it an unfair agreement that would hamstring the American

economy while empowering The announcement drew immediate

criticism around the world. European leaders said the deal

could not be renegotiated. But US coal producers

welcomed the decision, while the move drew criticism

from other business executives like Jeff Immelt, the chief

executive of GE, who said it would hurt US companies'

ability to work abroad Tesla CEO Elon Musk and Walt Disney

boss Robert Iger said they would leave White House

advisory councils after Meanwhile, in a few hours,

Chinese and EU leaders will issue their joint statement

on the Paris climate agreement. China has already said it

will honour its commitments With me is James Thornton,

CEO of ClientEarth. Thank you for coming in. Let's start

with the point that Donald Trump made, he believes the agreement is

unfair, he believes there are bigger request of America and they need to

do more than other countries like China or India and he believes

following through with that would cost America millions in jobs and in

money. What is your reaction? As with so many things Mr Trump lives

in an ultimate reality. What he has done his commit an act of vandalism

against the greatest achievement of the 21st century, the Paris

agreement. It requires only involuntary moves on the part of

countries. At America's state at the table, it would voluntarily do what

most of America wants, 69% of the voters in the United States wanted

to stay part of the agreement, the majority of citizens in every one of

the 50 states of the US wanted to stay in, and since Mr Trump

announced his move, 30 states have said they will continue their own

plans to rip -- reduce climate change summit means most American

people and the economy is going to go ahead despite what Mr Trump is

doing. He is going to find out that the American President isn't an

emperor and the country will stay connected with the world and keep

reducing emissions. So you say he could have stayed at the table and

decided to reduce the requirements that America had signed up to but if

he does decide to go ahead and pull out, what timetable are we

discussing? It takes four years under the agreement to leave what

will happen in his America, at the federal level, will stall during his

presidency right we have to remember that President Trump is it temporary

blip, he is an unfortunate but temporary phenomena in the United

States and America will rejoin. There is no doubt. America doesn't

like to be left out of the party, it likes to be a leader, not a pariah.

Other countries staying in, China and the EU, we are expecting a joint

announcement today. What do you think we will hear? China and the EU

will lead the world on reducing emissions. I've met with the Chinese

chief negotiator and he is clear that China is reducing emissions for

its own benefit. That's true of every country. Reducing emissions is

for the benefit of the economy and the people in every country and

China knows that, the EU knows it. The sad thing is that the deal

before the Paris agreement was, when Obama was president, the US and

China led the world, the two biggest polluters joining to lead the world

and he is leaving the party, the EU is stepping up and it is a good

thing for Europe but a bad thing for the US. Jim, CEO of ClientEarth,

thank you. That is a story we will follow for many weeks.

In a week's time, the general election in the United Kingdom

Some analysts say that the current Prime Minister, Theresa May,

wants it to be largely about the country leaving

It's almost a year since the British public voted in a referendum

for Brexit, and there's still a good deal of uncertainty as the start

But how will all the deal-making in Europe affect companies in Africa?

The BBC's Karen Allen went to South Africa's Western Cape

South Africa's Western Cape seems an ocean away from Britain's political

woes. Tourism is big business here, but so too is trade. So when the

Brexit negotiations began, -- begin, they will be pushing hard not to get

cut adrift. Alan is back from a lobbying trip and is upbeat. It will

be about people than product. It will be much more between the two

regions than the rest of the world. So I think that the relevance is

that we have to be seen as part of a team at the end of the day that is

trying to find a deal. But it isn't just about Britain. 100,000 Germans

live here. They are not only consuming the products that remind

them of home but they also a running businesses, exporting goods back

into Europe and they are preparing to count the cost of Brexit. This is

the wine estate owned by third-generation Germans. 9.8

billion US dollars worth of South African goods are destined for

Germany. Fair chunk of that is wine. And though far fewer bottles of the

good stuff from here find their way into Britain, those that do face the

prospect of newly negotiated tariffs, possibly on less favourable

terms. Now with an exit strategy, you then try to go to areas which

are easier to Ireland would be a market for us which would be easier

because they are still in the EU. A relationship which has stood the

test of time is about to be scrapped once the process of EU withdrawal

begins. South Africa could be bruised by a bad Brexit deal, for

what they are hoping for at the very least is a bit of stability.

Now to silicon valley were augmented reality is taking centre stage this

week and that is the term given to virtual images in post into the real

world. Normally viewed through smart glasses or your phone or tablet. We

have been checking out some of the most clever ideas and we have found

something that will make it easier to help friends when they call you

and ask you how to use a gadget. Have you ever been to somebody's

house and being surrounded by gadgets and you have no idea how to

use them? There is a new application which uses augmented reality to

offer remote help for something like this. It is called Chalk. I am able

to call up a friend who knows how to use this copy machine better than I

do. He will hopefully be able to help me get a nice brew. Dave, how

are you? I am trying to make toffee but I don't know how. Get closer to

the Control Panel. Push this button right here. OK, I can see that. OK.

You can see the clever thing is even if I move around the machine, we

still have the instructions overlaid in the same place which means you

could be much more precise than if it was just drawn on a normal

screen. Chalk is made to work on all kinds of devices. Digital nowhere,

like an hourglass, phones or tablet. It'd be available on fremium basis.

You could use some levels for free. Once people have to pay, do you

think they could go back to using Skype or talking on the phone. --

freemium. If they do, we have failed. At the business news now

Brasch Airbnb has appointed a dedicated

boss for China as it tries to make The appointment of this local head

has been a top priority for the home sharing giant because it faces stiff

competition from local rivals India is looking to expand its clean

energy capacity after signing a deal with Russia to build two new nuclear

reactors at a plant in Tamil Nadu. They'll be the first of 12 to be

designed and built by Russia. Moscow has agreed to lend India more

than $4 billion for construction. now the markets. Ben McKay, the

first time since 2015 it has been above 20000 and the reason I will

skip forward to the US market, it has been following those markets up.

Record closes, the S 5000 and the NASDAQ is off the back of positive

US jobs figures and we will expect more later today and you can keep in

touch with that and me on some of the team

Leading surgeons say the number of patients waiting more than six