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Transcripts For BBCNEWS World Business Report 20170328

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With sally and World Business report. President trumps expected to ditch obamas Clean Energy Policies later today but the big question, will the move really help to boostjobs . And hit the road, jack. Ubers Self Driving Cars are going back on the road after a crash in arizona. Welcome to World Business report. Also American Airlines and chinas Biggest Airline agree a strategic partnership, rico will have all the detailfor partnership, rico will have all the detail for you partnership, rico will have all the detailfor you injust a moment. After weeks of delay and speculation, President Trump is finally expected to issue an Executive Order later today that will start to dismantle president obamas Clean Energy Policies. This includes a sweeping Environmental Protection agency rule that mandates cuts in Carbon Emissions from power plants. Its also expected to quickly end the freeze on new Coal Mining Leases On Federal Lands and reverse rules to curb methane emissions. During his Election Campaign President Trump said he would run a government that allows us oil and Coal Producers to thrive and he said that steel and auto manufacturers will not face job killing restrictions. But the experts say despite any moves by trump to boost coal it is facing Stiff Competition anyway from natural gas and renewable energy, which is already cheaper to produce and often more efficient to distribute. Amrita sen is Chief Oil Analyst at energy aspects. Good morning, amrita. Good morning. Nice to see you. Once again he will deliver on an election promise when it comes to his Energy Policy as it were, give us it comes to his Energy Policy as it were, give us your it comes to his Energy Policy as it were, give us your take. A couple of things over here, he probably doesnt understand a lot of the jurisdiction and over oil, gas and coal doesnt sit with the federal government, it is at these state level. Even if he does turn some of the things obama put in place, it doesnt necessarily have the sweeping fracture he talked about, like even the leases hes talking about or even a lot of the Methane Regulation that he wants to reverse. Of course the epa side of things and the Clean Power Plan act, he will go ahead with an Executive Order, but U Nfortu Nately ahead with an Executive Order, but unfortunately with a lot of those things, this is liable to be challenged in court by a lot of groups. This could take 18 months to two years to overturn. In terms of his goal, to boostjobs, to provide jobs for those who are desperate, who wanted to vote for a president that would boost their community again, the coalmining community, that has totally been allowed to mothball as it were. Will that be one of the outcomes . The problem with coal, generally at around the world theres an andy cole sentiment and coal faces a lot of Stiff Competition, prices have come down around the world really anti coal. The biggest resource in the us 110w coal. The biggest resource in the us now is gas and the idea was to replace a lot of these coal plants with cheaper gas. If anything you could caa struggle where you seeing lots of job losses could caa struggle where you seeing lots ofjob losses in the coal sector but then if you take jobs away from the gas sector the net effect wont necessarily be positive you could see a. Effect wont necessarily be positive you could see a. It will take time and he will be challenged. Yes, by people who support the cpp. Will there be an outcome, any change, or will we caa situation like obamacare where he moves on because its too difficult will we see a. Where he moves on because its too difficult will we see a. Methane emissions at the Wellhead Level for oil and gas producers, there are things in process at the moment can reduce those small acts, but overturning the cpp will be more challenging and it will be a long drawnout process, lots of Court Hearings and appeals from different groups. Amrita, nice to see you, see you again soon. As ever, watch this space, we will keep you up to date. Ubers Self Driving Cars have returned to the roads in the us after a crash in arizona left one of the vehicles on its side. The firm had initially suspended the programme but now says it believes the vehicles are safe. Our north America Technology reporter dave lee has the latest. According to the police, ubers of driving car wasnt to blame for the collision. Instead it was a human driver in another car that failed to give way self driving. Nobody was seriously hurt in the crash but uber has halted the experiments of Self Driving Cars as a precaution. They say they are confident now that vehicles are states of vehicles have returned to public roads. That include San Francisco where the Self Driving Experiments were cut short because of a dispute between local authorities and uber over the safety permit the company needed. Uber will no doubt be relieved to have its vehicles back on the road so quickly after the crash. It cant afford any delay in testing it its to make Self Driving Tech and everyday reality. However, its not safety concerns that pose the biggest threat to ubers autonomous ambitions. Last month a Self Driving Companies spun out of google announced it was suing uber for allegedly stealing its Self Driving Technology. Uber denies the allegation. Dave lee, bbc news, silicon valley. American airlines and chinas biggest carrier by passengers, china southern, have agreed a strategic partnership. The us airline will buy 200 million worth of shares in the chinese firm and will seek to increase cooperation. Rico hizon is in singapore. Nice to see you. Fill us in. The 200 million investment, sally, is equivalent to a 2. 7 stake in china southern, the mainlands biggest carrier. If you look at the percentage, its not a major investment but it gives American Airlines a foothold in the Mainland Market to capture more traffic between the us and china through arrangements like codesharing. China is one of the biggest sources of tourists to the us with chinese carriers aggressively expanding their fleets and range of overseas destinations to cater for the strong growth in traveller numbers. So this partnership is exacted to improve access to smaller cities, increasing the number of routes both groups can offer between the worlds two largest travel markets. China also, sally, is the fifth biggest Source Market for tourism to the us and chinese Visitor Arrivals are forecasted to more than double by 2021. China southern is the last of chinas three Major Airlines to bring ina chinas three Major Airlines to bring in a strategic investor outside of china. Firstly you have hong kongs cathay pacific, holding 80 in flag terrier air china, while Delta Airlines bought a 3. 6 stake in China Eastern in 2015 carrier. Airchina. In China Eastern in 2015 carrier. Air china. Disproves the Mainland Market is becoming important for many of the global carriers. Absolutely. This proves. We will see you again soon. South africas Finance Minister is due to arrive home in the next few hours after he was urgently recalled from a meeting in london by president jacob zuma. The move has fuelled concerns there may be a cabinet reshuffle, which analysts say has unnerved investors, who see Pravin Gordhan as an emblem of stability. The eus Health Commissioner says brazil needs to restore trust in its meat exports after being hit by a scandal over rotten produce. A number of countries have slapped restrictions on brazilian imports. The country has seen its daily meat exports plunge by 19 . The company that built a controversial pipeline under native American Tribal land says it is now full of oil and will be in operation soon. Construction of the stretch of pipeline in north dakota was delayed by protests and legal action. It was completed after President Trump signed an Executive Order within days of taking office in january. The uks Brexit Minister has downplayed suggestions the country will pay an bill of around 60 billion dollars for leaving the eu. David davis says while britain will meet its international obligations, he doesnt think that sort of money will change hands. The cost of the divorce thats not the last we will hear about that. In fa ct we the last we will hear about that. In fact we will talk about that in the paper review in a moment. So a change of scenery for markets in asia after falls on monday, you can see we have seen games right across the board. The yen has moved across the board. The yen has moved a little versus the dollar, and the price of oil is up around 0. 5 gains. Part of the reason for the change is people getting their nerve back on wall street the night before after serious falls on friday. The real concern was the fact trump didnt get through his changes to the healthcare reforms. That unknown people, it seems people have got over that disappointment. Ill be back shortly for a look at the papers. Ill see you then but now, back to ben. One in six local roads in england and wales are at risk of becoming damaged beyond repair because of a growing problem of potholes, according to this years Local Authority Road maintenance survey. It says some roads have less than five years of use left before they have to be replaced or closed. The government says its put forward an £1 billion to help repair them. Heres our transport correspondent, richard westcott. Crumbling away faster than they can repair them. A local council run roads carry a third of the traffic. But this survey says decades of underfunding coupled with wetter winters and more cars have left them ina winters and more cars have left them in a sorry state all over england and wales. It found one in six roads is so bad it may need to be replaced within the next five years. Councils are already filling a pothole every 19 seconds. And it would take £12 billion to bring them all up to scratch. The government says its chipped in an extra £1 billion recently to help fill the holes. But campaigners arent impressed. Every so campaigners arent impressed. Every so often the government gives out a pothole fund. Its kind of reacting toa pothole fund. Its kind of reacting to a crisis. But i think we need to actually plan longer term funding and have a greater proportion of what drivers actually pay in motoring taxes ring fenced just for maintenance. Because if you ask drivers, it is their number one concern. He says around £6 million is paid out every year for cars broken by potholes. While more bus passengers are also making claims, saying theyve been hurt by the bus jolting about on poor roads. As councils feel the financial squeeze, many fear our local roads are only going to get worse. Richard westcott, bbc news. Coming up at 6am on breakfast all the days news, business and sport. Theyll also have more on the governments plans to trigger article 50, the start of Divorce Proceedings from the european union. The top stories this hour Cyclone Debbie has made landfall in the australian state of queensland. Strong winds and heavy rains are battering the coast. Thousands of residents have been evacuated, Leaving Homes Sand bagged and boarded up. The anti apartheid hero Ahmed Kathrada has died after a brief illness. Kathrada, who was 87 years old, dedicated his life to the struggle for freedom in south africa, and remained politically active until his dying days. Now it is time for our new review. What is making headlines around the world 7 our first paper is the independent, with a picture of scotlands first minister, nicola sturgeon, meeting british Prime Minister theresa may in glasgow. The paper, like many of the british papers, looks ahead to the triggering of article 50 tomorrow, and the start of brexit negotiations. Arab news reports on saudi arabia cutting taxes for oil companies, in an effort to attract investment. It comes ahead of plans to sell shares in its Energy Giant Aramco next year. Top democrats are calling for republican devin nunes to step aside as chairman of a committee looking at potential links between president Donald Trumps Election Campaign and russia. That story is on the Washington Post online. Staying with the us, the gulf news reports that washington is considering increasing Military Support for the war in yemen, against iranian backed houthi rebels. The paper says that this would mark would mark a significant policy shift. And finally, one of the worlds biggest gold coins, worth more than 4 million, has been stolen from a museum in berlin. That is being reported in the telegraph, as well as Many International news sites. It is so heavy, apparently it is the same weight as a fridge. Ben and i did not do it. Joining us is oliver cornock, editor in chief at the oxford business group. Lets begin with

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