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Transcripts For BBCNEWS World Business Report 20170316

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But france cauldl plus into reverse. Guzzler make a comeback . ~ e welcome. I e welcome. Also 3 3 welcome. Also in programme, the fed raises rates and china follows suit. No action in japan however. We will some that up ina japan however. We will some that up in a moment. We start with the elections in the netherlands where as you have been hearing, Prime Minister mark rutte and his Liberal Party are on course for victory. Hes seen off a challenge of Geert Wilders who had pledged to take the netherlands out of the European Union and ditch the euro. The euro has soared on the news, itjumped as much as 1. 3 the biggest rise since last summer. Its been having a tough time of course since the uks brexit vote. But this is the reaction immediately after the polls began to emerge. The netherlands is not a huge economy in itself its only seventh largest in the eu. A huge that a huge that threat has dissipated a little. France 3. 3. , elections next month president ial elections next month and germany has parliamentary in september. Bath in september. Both are elections in september. Both are expected to see challenges by expected to see strong challenges by anti eu parties. £s t ,7 expected to see strong challenges by anti eu parties. £sft the 77 f anti eu parties. But the Foreign Minister of germany says that the ministehzf germefly saysthat the election is a good sign. If the results are confirmed that the right wing Populist Loss then i am happy. G; ; e 53555 geee e cu it shows that a country like the netherlands is one and it makes me very in the netherlands and europe. G 33. 4. 2; ee 252; ,; 5233 who stand behind europe will win. Afterall. Europe isa big, we are crossing our fingers. It is a good sign for the evolution of democracy on our continent. Iamjoined by i am joined by vincent. Clearly hearing from the German Foreign minister and they are relieved i would imagine that everyone in brussels is breathing a sigh of relief this morning. Can we have your take on what happened . We see it in evolution of the euro it in the evolution of the euro yesterday that there is relief in the market. At the same time this outcome was widely expected stop that would also give sumer is hence that would also give sumer is hence that the of that would also give sumer is hence that the of Geert Wilders was that the party of Geert Wilders was losing steam. But we see that the current Prime Minister is high in the polls. He has the capacity to form i sort of centre right form a sort of centre right government that may take weeks or if months to form. It is this seems government that may take weeks or if months to orm. It is this seems government that may take weeks or if months to us. I. It is this seems government that may take weeks or if months to us. I. It istat seems manageable to us. 211333533; were not talking about a surprise result 3b may happen result which many thought may happen the we have had result which many thought may happen the we h. And ad result which many thought may happen the we h. And the the i election. How about 31 5 . Is the about france now . What is the in does it have any e 7. At all e. 7. At all on what is on impact at all on what is going on there . Impact at all on what is going on right right in right in france. Both in far right in france. Both parties in france, the french far right and the dutch far right are different, they dutch far rightare dim. , 5 7 dutch far rightare dim. , aesitieeed with. Are positioned differently with aifiareit are positioned differently with mifi scope. Are positioned differently with difierfl scope, especially different scope, especially in to different scope, especially in to the different scope, especially in regards to the would not rega rele tetheeezmemar hs13514 1225 say that the fact that they lost all they did not manage to the first they did mxt managetogetthefirst they did mxt managetdgetthefirst yesterday they did mat managetdgetthefirst yesterday in the netherlands u a le pen u a it le pen u a it is le pen u a it is not le pen u a. |tisnotalepen u a i it is not a done. E pen u a i it is not a done dealn u we i it is not a done dealn u we i i seen ta done dealn u we i i seen overone dealn u we i i seen over the dealn u we i i seen over the pastn u we i i seen over the past few that has weeks that everything has chanded. Likely to win is the most likely to win candidate is now 2 55 in a financial the most likely to win candidate is now 2 so ej in a financial the most likely to win candidate is now 2 so there a financial the most likely to win candidate is now 2 so there is inancial the most likely to win candidate is now 2 so there is still cial scandal. So there is still scandal. So there is still uncertainty and we 77 7 scandal. So there is still uncertainty and we still 7 scandal. So there is still uncertainty and we still must scandal. So there is still uncertainty and we still must remain 7 as investors vigilant as investors to political. In france. We 2 keep an eye risk in france. We will keep an eye on further reaction as the day progresses. Lets move on now to story. We are also asking could the american gas guzzler be to Improverthe Fuel e f 7 , § but President Trump has ordered a review of those standards. The man he appointed chief of the envirenmentai pretectien agentrye , ileij efefi i eee t£ilelpe£le e332; of global warming. Another Campaign Style event for a president who has been egret . 77 , president who has been in office two tee is w president who has been in office two tee is first president who has been in office thato tee is first president who has been in office that mzr trump ice; is firsti president who has been in office that Mzr Trump Has; is firsti president who has been in office that Mzr Trump Has come i firsti president who has been in office that Mzr Trump Has come to rsti time that mr trump has come to detroit since his 233 win. E time that mr trump has come to detroit since his 233 win. Now detreiteinee hisretectien wire. New is back to deliver on some of his promises. I Administration Work promises. I Administration Work tirelessly. I Administration Work tirelessly to l Administration Work tirelessly to eliminate itration ii i;il j wailing iicf with . Job crushing 75; and to 33 3~ 933 333 533323; 333 333 53 ensure 33 3~ 933 393 3333233 3333 333 53 ensure a l333 l33 333 3333233 l3 33 333 l3 ensure a level l333 l433 333 3333233 l3 33 333 l3 ensure a level playing l333 933 333 3333233 l3333 333 l3 ensure a level playing 35 3 l333 l333 i33 3333 33 l3333 333 l3 ensure a level playing e for g and workers. For city, addressing fuel standards. 3 l 3 fm; in; originally put 3 l t. 1 u 1 originally put in place by 3 l t. 1 U 1 T Originally put in place by the 3 l t. 1. 1 U 1 T Originally put in place by the obama 33133531. 333 3. Administratien, ametieah3ae we re administratien, ametieah3ae were being forced to an entire fleet of these lower these low President Trump requirements. President trump has promised. Review these rules. | | 1 t if . 73377 ,ltttw 7 7t; | |. Tt t77tt77;7 7ttt77 7 7|ttt7777t 7 7tt73 are | | 1 tt t77tt77;7 7ttt77 77t7 7|ttt7777t 7 7t73 a re to | | 1 tt 7t77t7;7 7ttt77 77t7 7|ttt7777t 7 7t73 a re to t3335 t we are going to ensure that any regulations we fe protect your jobs, yourjobs, yourfactories. We defend yourjobs, yourfactories. We will be fair. But it is to i how these particular see how these particular regulations have hurt americas Auto Industry which has i revving in have hurt americas Auto Industry whit record revving in have hurt americas Auto Industry whit record r forng in have hurt americas Auto Industry whit record r for the1 have hurt americas Auto Industry whic record r for the last stel llllll, Lllll Lllvlllvlllllll ,, yous. L,l llllll, Lllll Lllvlllvlllllll ,, yous. When you look at the on l,l llllll, Lllll Lllvlllvlllllll ,, yous. Whe profits iok at the on l,l llllll, Lllll Lllvlllvlllllll ,, yous. Whe profits that t the on l,l llllll, Lllll Lllvlllvlllllll ,, yous. Whe profits that they on l,l llllll, Lllll Lllvlllvlllllll ,, yous. Whe profits that they have | on the record profits thatihey have the record Orofits Thatihey have the fact that. Already on the road now that cars on the road now that meet these 2025 standards, i think the Industry Cars on the road now that meet these 202 shown ards, i think the Industry Cars on the road now that meet these 202 shown it ds, i think the Industry Cars on the road now that meet these 202 shown it ds, i thin and Industry Cars on the road now that meet these 202 shown it ds, i thin and improve i think the industry the standardsfl thinkthe industry has shown it can innovate make has shown it can innovate and make the kind of targets that are laid the kind of targets that aretgg in the current president is trying to show

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