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Transcripts For BBCNEWS Worklife 20240713

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Anti Money Laundering rules for allowing payments from high risk countries. And americas biggest e cigarette firm, juul labs, is hit with a lawsuit accusing it of targeting teens and misrepresenting the safety of vaping. And, helping musicians collect royalties, well be hearing from one former drummer whose business makes sure artists get paid. And following the vaping lawsuit in the us, today we want to know do you think kids are being encouraged by vaping ads . And would you like to see them banned . Let us know just use the hashtag bbcworklife. A very warm welcome to our new business show, lovely to have you with us. We start in south america, where the worlds greatest rainforest the brazilian amazon is under increasing threat. Illegal logging, mining and land grabbing has led to vast areas of rainforest being lost. It is a huge store of carbon that is vital for tackling Climate Change but the brazilian government of president bolsonaro has so far denied the problem, but that may now change. Environment minister Ricardo Salles will meet governors of amazon states today to discuss tactics to counter deforestation. Well, in the 12 months to july this year, deforestation soared almost 30 . More than 3700 Square Kilometres of forest has been deforested this year, an area about a fifth the size of wales orjust over 500,000 football pitches. While deforestation mainly has been caused by illegal logging, mining and cattle farming, a new threat is posed by increasing demand for land for palm oil plantations. With us now is madeleine cuff, deputy editor, business green. Looking at those depressing figures, an area the size of wales, we have had that every year now, deforest m, had that every year now, deforest in, how does that stand against financial gain in the amazon. This year is extra depressing because deforestation had slowed in the Previous Year the election of president bolsonaro an so this year marks a change in the prospects for the amazon going forward. It is all about Economic Growth for brazil, relying on commodities such as exports of soya, and growing palm oil industry, so the only real solution to stopping deforestation is to find a way for these businesses to coexist with the amazon forest. Soy. Businesses to coexist with the amazon forest. Soy. Now we are hearing about palm oil in the amazon, we were not hearing that in the amazon specifically. Cattle ranching is the main problem, but palm oil, brazil says they want to grow the industry. We know what to do to make things better, there is an agreement called the soy moratorium, agreed between stakeholders in the amazon and big businesses, that agreed that nobody would buy soy grown on deforested land, since that agreement was reached, spectacular drop in the amount of deforestation caused by soy plantations. We need to repeat that trick for the other industries. Is it about people power, ordinary citizens making choices that affect businesses that are harming the amazon. That was brought about in pa rt amazon. That was brought about in part because of the public outcry, but the role of soy in deforestation but the role of soy in deforestation but i would be cautious of laying too much at the foot of the consumer, it is about finding out where meat is coming from and looking at what the companys Palm Oil Policies are, but this is a huge economic issue with lots of drivers and really it is about the Big Companies on the ground pushing for change. What about the government in brazil, expecting to hearfrom change. What about the government in brazil, expecting to hear from the environment minister, meeting heads of the local region today, do you expect a shift in tone to that which we have heard of president barack 0bama president bolsonaro denying that there is a problem . Certainly hoping for a shift in tone but it would be a backtrack, because president bolsonaro campaigned on a platform of opening up the amazon to economic interest, when we first saw fires happening, the government denied anything was happening and they fired the head of the agency that release the data, so very hopeful that todays meeting will see a shift in approach from the government, but not holding out too much hope. Thank you very much. Lets take a look at some of the other stories making the news. Emirates has confirmed it has finalised an agreement to buy 30 787 boeing dreamliner airplanes. Based on current list prices the deal is worth 8. 8 billion with the first aircraft being delivered in 2023. Two days ago, emirates also signed an agreement to buy 50 airbus a350 planes for 16 billion. Reports from malta say that one of the islands top businessmen, yorgen fenech, has been arrested. It comes a day after maltas Prime Minister said he would recommend a pardon for a man who murdered a local journalist if he revealed who ordered the assassination. The journalist, daphne ca ruana galizia, was well known for her investigations into corruption. Americas biggest e cigarette company, juul labs, has been hit with a lawsuit by the state of new york. The attorney general has accused the firm of misrepresenting the safety of its products and targeting teens in adverts. The move follows similar actions by officials in california and north carolina, as well as federal warnings. Boeing faces another challenge as us regulators have called on it to redesign the engine cover on its 737 new generation planes. The call comes after a fatal accident last year, in which a woman died after being nearly sucked out of a window. But the safety board did not call for 737 mg planes to be grounded. Standard chartered has become the second corporate partner to sever ties with the duke of yorks business mentoring initiative, pitch palace. The bank joined Accountancy Firm kpmg in pulling support for the scheme. Several businesses and universities are reviewing their association with Prince Andrew following a bbc interview about his links to convicted sex offenderjeffrey epstein. Australias Second Biggest Bank westpac has been accused of breaching anti Money Laundering rules. The countrys regulator said it allowed payments from a number of high risk countries. Timothy mcdonald is in singapore. Tell us more about this. Westpac accused of an incredible sounding 23 million breaches, sounds like an awful lot , it should be said the bank is not accused of laundering itself, so much as the charges that itself, so much as the charges that it did not properly report International Transactions to australias financial watchdog, so that they could police potential laundering cases. Austrac is seeking claims of summerand laundering cases. Austrac is seeking claims of summer and the trillion dollars, but it is unlikely that they would send westpac out of existence, a similar case a few years ago saw a smaller find. Westpac has not denied that there is an issue, they are sounding contrite about it, the ceo expressed disappointment that westpac failed to meet its own standards or regulatory expectations, perhaps the most upsetting thing about the case is some transactions may have been linked to child exploitation, relating to small transactions to the philippines, that may have been connected to live streaming, it is possible there is another explanation but the point is that austrac says that a system should have been in place by westpac two flag goes up immediately so that the authorities could take a closer look and find out for themselves and they did not that. In orderto and find out for themselves and they did not that. In order to fly goes up immediately. Flag those up. Donald trump has said asia shares fell largely over worries over the progress of trade talks between washington and beijing with us President Donald Trump threatening an escalation in the trade war when he said he would raise tariffs on chinese imports if no deal was reached with beijing. The us and china have of couse exchanged tit for tat tariffs that have roiled Financial Markets for the past 16 months. Sticking points include how and when to reduce tariffs and how much us Agricultural Products china would commit to buy. What impact has this had on european markets . European shares have opened lower following those losses in asia overnight keeping them just below four year peaks, while the televised debate in the uk betweenjohnson and corbyn did little to change expectations over the upcoming dec. Over the upcoming december 12 election. Now to the us, where all eyes will be on retail results today for clues on the state of the countrys economy. Samira hussain has more from new york. It is fairto it is fair to say that everyone has a lot riding on the american chopper, as americans cut spending, there is hardly a corner of the Global Economy unaffected so predictions americas biggest retailers make about their revenue are key to watch, already in the past few weeks, amazon has issued a slightly gloomy outlook for its seasonal sales, on wednesday, target puts out its latest earnings, and, again, people will be mostly interested in what the forecast is for the Holiday Shopping season. Target. Like the other big names at the mall, target has started advertising big discounts that it will be offering on the day after thanksgiving, so called black friday, the holidays for those who wa nt friday, the holidays for those who want to shop are nearly here. Should the rest of us be celebrating . Time now for our daily look at some of the newspaper and website stories which have caught our eye. Werejoined by Rashmee Roshan lall, a regular columnist for the national and the arab weekly. At the top of the programme we were talking about a mounting set of lawsuits forjuul, this is the biggest vaping in america. They are a conundrum, e cigarettes, they are perplexing because i think they may have their bespoke disease, an acronym that is supposed to describe the observed effects of indulging in vaping, they have a particular word for the activity but there is no agreed pattern of harm, there is no acknowledged harm, and so we have a very confusing picture worldwide, which is, yesterday, the philippines president banned e cigarettes, in september, india banned e cigarettes. China has been regulating them, in the us, donald trump says he would, but he backed off because voters did not, would not like it, according to the advice he received. Its a very confusing picture, and i think it is safe to say that the sort of efforts, we do not yet know how to establish what is the real effect. I think, also, another issue is, whether or not they are targeted at children, the advice in the uk is totally different, the nhs suggests they are a Good Alternative to smoking but they dont want to encourage people to ta ke they dont want to encourage people to take up vaping and that is what the lawsuit is about, whether kids and teenagers should be targeted, my kids are too young, you are probably in that territory of whether or not they think it is cool. At my kids school it is a real issue and for a lot of people, a lot of parents are worried. Back in the day, cigarettes we re worried. Back in the day, cigarettes were considered to be fashionable and a cool thing to do, and that was to do with marketing. Difficult balance, not getting people to start vaping for theirfirst balance, not getting people to start vaping for their First Experience of nicotine but also presenting it as perhaps less harmful than cigarettes, traditionally. There you go, you do not know, this is a known unknown. We know that tobacco is harmful, but do we actually know thatjust inhaling or heat release. I think they call it heated tobacco products, or something, i dont know. That is the problem, a lot of people do not know, but we want to protect ourselves and want kids to be protected. Public Health England has said it is better to take this up than to smoke a real cigarette, but who is to know . It says here, 2796 of teenage schoolchildren have used e cigarettes in the previous month, according to the centers for Disease Control in the us, that is a big. Until there is hard data about harmful effects, no one will be able to be sure what to advise people. Harmful effects, no one will be able to be sure what to advise peoplem will take a decade to get that data because you will not know what has happened. Moving on to this story, the house that adolf hitler was born in in austria, still standing, some people might be surprised by that, various uses, people might be surprised by that, various uses, over people might be surprised by that, various uses, over the past many decades. He lived there for a few months. Now it is set to become a police station. We have to look at why we are doing this, why is this a story, even, why are we talking about this . Are we trying to run away from history, should we embrace history . What are the possible uses that this house could have been put to . The fear is that it will attract, has attracted neo nazis, site of pilgrimage, somewhere to glorify him. Exactly, there is a line in there that says now it will bea line in there that says now it will be a police station, people will not wa nt be a police station, people will not want to linger, if they come to pay homage. Perhaps it could have been put to good use as a museum of the victims, a teachable and learning moment, to understand the ideology and the mindset that actually creates, you know, all of what happened to understand the atrocity, what gave rise to it. Turn its use around completely, use it for a positive reason . Absolutely, today, the head of the europeanjewish association, he has gone to this auction house somewhere in germany, berlin or munich, 20 auction items associated with hitler and his wife. Perhaps we should regardless of all of that being important. In order to call for 20 items not to be auctioned. Still to come. Helping musicians collect royalties well be hearing from one former drummer whos business makes sure artists get paid. Youre with worklife from bbc news. Contractors and other flexible workers should enjoy a higher minimum wage than those with secure employment according to the demos think tank. It issued a report saying a higher rate would insulate workers from some of the risk they face as a result of unsecure earnings. Lets hear more from Andy Chamberlain of the association of independent professionals and the self employed. Good morning, good to have you with us, what are you recommending . M good morning, good to have you with us, what are you recommending . It is actually demos making the recommendation, not ipse but we do say that everyone is entitled to have a decent rate of pay for the work they do and the concern is that self employed people who do not benefit from minimum wage protection are not getting that at the moment, this report highlights that, quite rightly. How would this be enforced . Businesses that employ, self employed workers, would they have to have checks on them . Would there even be a higher rate than the National Standard minimum wage . There are quite a few challenges to implementing a policy like this, when we have looked at this before we realised a lot of self employed people are not paid by the hour, they are paid on the basis of work that they do, if you think of a journalist paid by the word, or a Graphic Designer being paid for a piece of work they do. Its quite difficult to apply it. You are quite right, there are other factors which should be considered, is there some downtime that self employed people have to suffer as nature of their work, should that be mirrored in an elevated rate of pay for them . We believe it does. Hourly minimum wage could be difficult to implement. How would it be funded, that would be a key issue . It would be funded by the people paying them to do the work. The fear here is that some people are exploiting the self employed status of low income individuals, and that enables them to not give them the minimum wage. Perhaps its them the minimum wage. Perhaps its the case that they should not really be self employed at all and if they are not self employed, then they are entitled to minimum wage as well as other protections. Some clarity around Employment Status would go a long way to helping the situation. Thank you very much, Deputy Director of policy at ipse. Took too long to accept climate crisis, one story there, and, thanks Greta Thunberg for changing his ways, he thanks her. Youre watching worklife. A reminder of our top story brazils environment minister is set to meet top officials from the amazon today to discuss tactics to counter deforestation in the worlds biggest rainforest. Plenty more on that throughout the day. Now, walk into most stores on your high street and the chances are you will hear music being played in the background. But the Music Industry says this is costing artists around 2. 6 billion a year. Thats because it says most business are not aware theyre required to pay special royalty fees. This is a growing problem, with more than 21 million businesses falling foul of this last year alone. Well, our next guest ryan edwards says he has a solution to this problem. His company, audoo, has come up with technology that monitors music played in commercial spaces and ensure artists are paid accurately. This was sparked by your career as a musician, you had quite a successful early career, and then, further down the line, you heard one of your songs played in store. The line, you heard one of your songs played instore. Yes, i had a top ten single, in my late teens, a few years ago, walking through a Popular Department store in oxford street, i heard my soul plane, i will never forget, my wife joked, she was looking for a very expensive handbag, of course, she asked how much i was getting paid . A few months later, i was never paid for the broadcast and it got me thinking. My professional career has been digital and data products, i did some research and found that it is hard for amazing royalty organisations to collect billions of pounds and dollars per year, to know what is being played in the real world, track it and pay out. Explained the difference in how it was being done when you went through the shop, looking at handbags and found you did not get a single penny for hearing your track, and how your company does it. Traditionally they have worked with different sets of aggregators, radio play, what has been purchased, and even people with a clipboard, trying to understand what is going on. We have flicked it into a digital product, it is an audio metre. Ink about a small alexa device, it is stored and it captures the music that is played, we know exactly what has been played in real time, what has happened, we report that back to the royalty societies around the world for fair and accurate distribution. How will you get companies to employ this technology, they will have to pay . The guys that collect all the money, they then license all the premises, so, the way that we see it, it is a value added service, they effectively pay us and we can run the business, and pass it on the licensees, gyms, pubs, clubs, all different places. There is a preconception that all you artists are multimillionaires, you will not miss a few pennies here and there, describe what it is like to be a musician, generally, for the majority of people, depending on these fees. It is true, we all read how well ed sheeran is doing, particularly, top grossing tour of all time very recently, when you look at music and the way that music payments are distributed, only 1 picked up about 80 of the money thatis picked up about 80 of the money that is out there, it is very hard to make a living, we know that streaming services have changed the mechanics and the way that people earn money. From our side, this is about fairness and accuracy. That has been the challenge, if you have been very popular on radio, it is a trackable means of broadcast, therefore, easy to pay out on those plays. Now, we try to bring kind of real world data into the industry. Just briefly, any pennies rolling in yet from the use of your technology . Not yet, no, i keep saying, ithink my mum is still playing my track on repeat. All about the handbag laughter so, your wife is still waiting we will have you back once she gets that handbag. Thank you forjoining us. Ina in a moment we will run through viewer in a moment we will run through viewer responses in a moment we will run through viewer responses to the viewer question today about vaping. Twitter question. But first, mozilla is the Company Behind the firefox web browser. Its a firm competing against the giants of the tech world, like google. It relies a lot on volunteers designing its systems and promoting the browser around the world. Ceo Mitchell Baker says that to keep the volunteers goodwill, she has to be completely open with them about whats going on at the company. My name is mitchell, my ceo secret is, dont hide things even the scary, risky things. We have a pretty big mission, it is to improve internet life, the number of companies that track where you go and gather information behind you. And mozilla is a leader in allowing you to stop that. Volunteers are there because they believe in what they are doing and that it can be effective. And so they are much more likely to raise difficult questions. It is the volunteers that will often stand up and say, i am sorry, the elephant in the room is that this just and say, i am sorry, the elephant in the room is that thisjust is not working. In the Tech Industry that we work in, competing for the kind of talent, we are competing with giants, so, people have to want to be at mozilla to stay there and they wa nt be at mozilla to stay there and they want to be there, when they see the products are effective and we are operating in this way. Relying on volunteers. At the top of the show, we ask you about vaping and marketing of the two teenagers. Marketing of it to teenagers. When we were kids, it was cool to smoke, that has gone out the window, kids do think that vaping is ok because the advice was, it is so mixed, all around the world, really difficult to know what to do. When e cigarettes were first dawning, we we re e cigarettes were first dawning, we were reporting on them, it seems too good to be true. It probably was the data is still out there, and unknown and unproven, as to what impact it could have on health. Real concern that children, bypassing cigarettes completely, getting hooked on nicotine, 27 of teenage schoolchildren in the us, according to the centers for Disease Control, have used e cigarettes in the last month. A lot to think about. That is it. Thank you very much for being with us. Plenty more on Business News throughout the day here on bbc. 0n the live web page. News throughout the day here on bbc. On the live web page. We will see you again, same time, tomorrow. It hasnt been as cold this morning as yesterday morning, for most of us, frost free start to the day, quite a bit of cloud out there but for most of us, dry, staying dry into the afternoon, bit of a breeze picking up from the south. Not com pletely picking up from the south. Not completely dry, rain this morning, particularly in cornwall, eston or Northern Ireland, and elsewhere, looking dry, as i mentioned, brighter, sunny spells developing, maximum temperatures getting up to six to ii maximum temperatures getting up to six to 11 degrees. Tonight, continuing with a bit of rain across the far south west, towards pembrokeshire. Elsewhere, clear skies. Pockets of frost towards scotland, east of scotland, temperatures close to freezing, frost free night elsewhere, staying above freezing, two to 6 degrees. For that thursday, a similar story, really, with rain continuing around pembrokeshire, far south west of england. Elsewhere, dry day, quite a bit more cloud round on thursday compared to today, even then, brighter skies developing and temperature similarly about six to eight, nine, 10 degrees in the far south west. Into friday, weather system, whether front, south west. Into friday, weather system, whetherfront, moving north, linked to an area of low pressure, quite a big one, moving into Western Areas of europe. Friday, rain across northern parts of england, southern scotland, perhaps Northern Ireland for a time. Further rain spreading in across central southern areas and the south west. In between that, drier and brighter conditions, temperatures for many of us will rise by a degree or so. Nine to ii degrees, maybe even 12 degrees. Into the weekend, some uncertainties in the weekend, some uncertainties in the forecast, but it is looking largely cloudy, there will be rain at times, but it will turn milder. The reason for the unsettled weather, area of low pressure moving towards iberia, one weather system north, and then we have another area of low pressure moving in from the west, that will bring more rain. You can see here with yellows, milder thanit can see here with yellows, milder than it has been recently, frost free throughout the weekend. Rain, at times. Keep up to date with the forecast and details for your area. Likely to see temperatures up to ten, 11, i2 celsius. Perhaps sunday will be the driest day of the weekend. Youre watching bbc news at nine with me, annita mcveigh. The headlines. Borisjohnson and Jeremy Corbyn face a sceptical audience in the first Election Debate as theyre pushed on brexit, the nhs, and honesty. Does the truth matter in this election . I think it does and i think it is very important. I have been very clear about the deal that i have done. We will have a referendum, we will have negotiation and we will abide by that result. Twitter says the conservatives misled the public by rebranding an official account to look like an independent Fact Checking service during the debate Jose Mourinho is the new spurs manager after the club sacked

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