Few moments. So lets begin with priya lakhani, founder and ceo of century tech. The biggest stroke we have seen for yea rs, the biggest stroke we have seen for years, and this is over some pretty ambitious plans to reform pensions there. Yes, the last time they tried to reform pensions was in 1995 and if you remember, 1995, there were 2 million french people on the streets, protesting, bringing it to paralysis for three weeks and they eventually had to scrap the potential reforms, so it is really bold that Emmanuel Macron is doing this. He is seen by many as the president or the rich, and this is going to affect hospital workers, the police, teachers. And it is a change in the system. With french pensions, they look at the last six months of your salary and assessed on that you are given your pension, and pension age is 62 compared to other European Union countries, but know what they are saying is you get points over the theories of your working life, and there is a slightly more complicated system, they say it is unified, the system. But when you start off as a teacher 01 but when you start off as a teacher ora but when you start off as a teacher or a policeman, and you start off at a lower salary, and obviously that goes up a lower salary, and obviously that goes up over your a lower salary, and obviously that goes up over your life be what happens is when you average that out, you end up with less. So people are saying we out, you end up with less. So people are saying we are out, you end up with less. So people are saying we are likely to have to work longer and get less, so its that section of society that looks like they are going to be affected, and they are potentially going to be joined by the giletjaunes, and by the amount of people you will see on the amount of people you will see on the streets today, the amount of school closures, you might find that many people are sympathetic to the protesters. Very interesting, and im sure well be covering the ins and outs and twists and turns of that. Lets look at the share offering, we often talk about one thing that that salary government wa nts to thing that that salary government wants to do is rely less on oil and gas, but that really put some meat on the bones of that idea. What this article is saying that they have quietly invested in Many Software giants in the us, in Silicon Valley, but because saudi aramco is going public and what might be the largest initial Public Offering ever seen, there is going to be a lot of cash available to saudi arabia. That cash will go into a Public Investment fund, and they can reinvest that into big software giants. When you go to the middle east, they are all saying on big panels, ministers, people leading the country, and they are saying data is new oil. They cant rely on oil forever. They are looking at reinvesting a lot of this money, so that essentially they can reinvest, the proceeds as much as anyone else can and diversify their interests, and the release of huge amounts of cash in saudi arabia means they can put their money where their mouth is and put more money into Silicon Valley companies that may welcome the invest in. Into Silicon Valley companies that may welcome the invest inlj into Silicon Valley companies that may welcome the invest in. I suppose it depends how they do it, because if you think of the way the saudi government has huge influence of a company like saudi aramco, they might not necessarily enjoy the same levels of influence over a Silicon Valley tech firm they have invested in . They have a history of investing in these companies, so another Public Investment fund has also invest in one of the largest healthcare tech invest in one of the largest healthca re Tech Companies invest in one of the largest healthcare Tech Companies in the uk, there was a big story about that only a few months ago. And i think having spent quite a lot of time with these people, i canjust give you my perspective. I dont think they are looking to have that much influence. It is really interesting what we hear in the media but if you go there and you speak to them and you are dealing with people that, they are normal people, they have trust issues with people have trust issues with people have trust issues with saudi arabia but i found they were incredibly welcoming and they are not seeking to exert such influence, they arejust seeking to be investors and reap the rewards later if the tech company is successful. Now, this legal challenge by huawei. This new challenge by huawei. This new challenge is about rural and remote mobile carriers being able to dip into a Government Subsidy Programme from the us, 8. 5 billion subsidy that the government provides, its called the universal service fund, and they can dip into it and essentially pay for mobile equipment to increase telecoms and rural and remote areas. They have said huawei are on a blacklist, you are not allowed to dip into funds, 8. 5 billion, if they are dipping into that it billion, if they are dipping into thatitis billion, if they are dipping into that it is going straight to china, that it is going straight to china, thatis that it is going straight to china, that is quite a lot of money. They are going to have to diversify themselves and find a new way to do themselves and find a new way to do the majority of the business. Idsa thatis the majority of the business. Idsa that is a legal challenge that will not be decided in hours and days. This is an intriguing story, the expulsion of two Russian Diplomats over the murder of a man in ln in august in a park in broad daylight. Sounds a little bit like salisbury, doesnt it . They are alleging that the suspect is russian and that is an allegation, and the story, it is pretty gruesome. This man is in a park, his shot in the back of the head, and through looking at the movements of the man they arrested, where he came from, allegedly fled from moscow airport to paris six days before the killing, looking at is movements and where he said he is from, where he works, the company he a p pa re ntly from, where he works, the company he apparently works for, the fax number is somehow linked to companies belonging to the Russian Defence ministry, what the germans are saying that it is highly likely that this guy is responsible but i think theissue this guy is responsible but i think the issue here diplomatically as the russians havent helped them with their investigations. And russia says it will retaliate. We dont know how but we will keep an eye on that. Now, peloton. Icant know how but we will keep an eye on that. Now, peloton. I cant believe this it caused a huge fuss on social media, whether it was sexist, out of touch and dystopian to depict a man playing a peloton bike as a 00 08 13,017 4294966103 13 29,430 gift for his partner. And the ad is
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