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Transcripts For BBCNEWS World Business Report 20240710

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Lets start in germany where the international Automobile Show kicks off today. After several decades in frankfurt, This time its being held in the city of munich. 0ur Correspondent Theo Leggett is there and he spoke to the president of the german automotive Industry Association who says getting the show Back On The Road has been challenging. It was difficult but now everybody is really excited that we can start with a new Mobility-show'>Mobility Show here in unix. The new idea of the Mobility-show'>Mobility Show is to bring people directly together, with cars, bicycles and so on and our mind changes that people want to show that Mobility of the future can be more simpler, more efficient and lead the way towards climate neutrality. And lead the way towards climate neutrality. Even before the pandemic, climate neutrality. Even before the pandemic, people climate neutrality. Even before the pandemic, people were the pandemic, people were saying that traditional Motor Shows had had their day, they were outdated, too expensive, are you are putting on what is basically a new show during a pandemic, is there a market for This kind of thing anymore . Yes, we have no time to wait, This is the main point of want to bring out here. We need the change of thinking of a new Mobility so it is a Mobility-show'>Mobility Show, the discussion about how Mobility especially in grand cities can be in the future, thatis cities can be in the future, that is one of the main points here and the way to clean it neutrality also cant wait, we have missed out right now and we need to get going right now with the Mobility. With the Mobility. Because the Car Industry with the Mobility. Because the Car Industry itself with the Mobility. Because the Car Industry itself especially i Car Industry itself especially here in germany is under intense pressure . We have 800,000 intense pressure . We have 800,000 employees intense pressure . We have 800,000 employees here | intense pressure . We have i 800,000 employees here in intense pressure . We have 800,000 employees here in the sector and we want to create a future, i am really convinced that we are on top and we have a lot of solutions for the future in Mobility and also in digitisation, here and munich we have to present what is new and the world. And the world. One thing they have noticed and the world. One thing they have noticed is and the world. One thing they have noticed is that and the world. One thing they have noticed is that there and the world. One thing they have noticed is that there are | have noticed is that there are far fewer carmakers than you would normally expect at an international Motor Show Stopper you Got A few big the three big german ones and a few of others, as they can be enough . B, few of others, as they can be enou~h . � w w few of others, as they can be enough . Enough . A lot of companies especially enough . A lot of companies especially in enough . A lot of companies especially in asia enough . A lot of companies especially in asia decided i enough . A lot of companies | especially in asia decided not to go in other countries so we have This situation here about i am very happy we have more than A Thousand people exhibitors, speakers and so on, i think it will be a great show here. � ,. , i think it will be a great show here. � ,. ,. , here. Its all very well to brin here. Its all very well to bring in here. Its all very well to bring in a here. Its all very well to bring in a few here. Its all very well to bring in a few bicycle bring in a few bicycle companies, a few new technologies and so on is that going to be enough to sustain a show of This magnitude . That is not enough show of This magnitude . That is not enough but show of This magnitude . That is not enough but we show of This magnitude . That is not enough but we want show of This magnitude . That is not enough but we want to not enough but we want to present here. The head of the discussion at the moment from new Mobility and we want to leave This show to begin to start the dialogue about the Mobility of the future, so climate neutrality, that is one of the main points that we have but also to have good solutions for safety, for the people and good Ideas for digitisation and so on, so we need now a regulatory framework from the politicians that give us stability to develop all of these Ideas. 50 stability to develop all of these Ideas. These Ideas. So that is interesting these Ideas. So that is interesting and these Ideas. So that is interesting and we these Ideas. So that isi interesting and we will these Ideas. So that is interesting and we will hear more from theo as the week progresses. Another day, another warning about shortages, This time it comes from the Confederation Of British Industry who says Labour Supply problems affecting Uk Industries could last for up to two years. The cbi says its members, from Construction And Manufacturing to retail and hospitality, say there is no quick fix given the time needed to train skilled staff. Its calling on the government to be flexible in the short term when it comes to giving Migrant Workers temporary access to visas until british workers can be trained. Joining me now is russ mould, Investment Director at aj bell. Good morning to you stopping other cbi are weighing in on This daily conversation that businesses are facing at the moment . Businesses are facing at the moment . , , moment . Can see it here in my adoted moment . Can see it here in my adapted Home Moment . Can see it here in my adopted home of moment . Can see it here in my adopted home of brighton, adopted home of brighton, walking through the City Centre you can see lots of hotels, restaurants, cafe � s and bars in particular advertising for staff whether it is Pot Washers or waiters or ships and that is just one industry albeit a very important one and so the combination of british industries is highlighting This all the way through to Truck Drivers and the uk has 953 Job Vacancies right now on the official statistics. They are clearly expecting that number to go up as the economy recovers. I guess the Counter Position as you have 1. 9 million people coming off the fellow scheme and a similar number unemployed, and some of those people may need to retrain and adapt to the jobs that are on offer. Retrain and adapt to the obs that are on offenfi that are on offer. And that does take that are on offer. And that does take time that are on offer. And that does take time and that are on offer. And that does take time and that i that are on offer. And that does take time and that is j that are on offer. And that does take time and that is what the cbi and many other Industry Bodies especially in hospitality are saying, can we not have a temporary flexible fix to This, aida give European Workers temporary visas as a stopgap . Workers temporary visas as a Sto Aa . ,. , Workers Temporary Visas as a stoaa . , stopgap . There is a long list of Industries Stopgap . There is a long list Of Industries which stopgap . There is a long list Of Industries which you stopgap . There is a long list Of Industries which you can L Stopgap . There is a long List I Of Industries which you can see on the Government Website for special visas for non british workers, although a lot of them are quite specialised situations, and it is the timeframejust situations, and it is the timeframe just listening to your report there, the thought of a Videogames Trainer earning 100 an hour is quite an appealing one, especially compared to a Pot Washer for £7, but i dont really have the Skill Set for that. Washing pots i think i could manager. Ideal a lot of that anyway, and im unpaid, but anyway. So that is the Cbi Today Talking On calling on government intervention, two other reports have come up from the rowntree foundation, also the Institute For Fiscal Studies and they are putting pressure on the Chancellor Rishi Sunak to consider the inequality within the Uk Economy caused by the pandemic in the Run Up to his autumn statement. There will be a lot of people calling out for various things in the weeks and the Run Up to that in october, when there . Indie the runup to that in october, when there . The runup to that in october, when there . We got the national Health Service when there . We got the national Health Service calling when there . We got the national Health Service calling out when there . We got the national Health Service calling out for Health Service calling out for an extra £10 billion, weve got the debate over the Uk State pension and whether it should go pension and whether it should 9 up pension and whether it should go up by pension and whether it should go up by around 9 in line with Uk Wages and we got the government looking for its own Balancing A programme between the North And South of the united kingdom when its infrastructure so huge numbers of calls on the Chancellors Pocket at a time when frankly that pocket is pretty empty with the national debt aggregate. What they particular focus on is, one, you Got A lot of children that have suffered very badly during the pandemic, they havent had a proper education. That is a fundamental long term problem, and at the other end you got This huge potential increase in pensions coming up and in the middle you got The End of the universal Credit Extension which is around 1400 us per year, that is going to gradually fade away so how do you balance up all of those requirements and demands and needs when there isntjust an awful lot of money in the kitty . The answer is possibly tax although for the Uk Government who has promised no major tax increases, that is a tricky political choice. He major tax increases, that is a tricky political choice. Tricky political choice. He has not a tricky political choice. He has Got A pressurised tricky political choice. He has Got A pressurised a tricky political choice. He has Got A pressurised a few tricky political choice. He has| Got A pressurised a few weeks ahead, the chancellor. Thank you, good to talk to you and have a good week. Lets get some of the days other news. Hotels across the uk have been forced to limit Bed Linen changes and Delay Guest Check ins after a boom in Domestic Travel collided with a chronic shortage of staff. Commercial laundries servicing hotels operate on tight margins and quick turnround times. Hundreds of thousands of farmers protested on sunday in indias most populous state Uttar Pradesh in the biggest rally in months, to press Narendra Modi Government to repeal three agricultural laws. More protests and an all India Strike expected later This month. Farmers have warned the government repeal the laws or Face Election Defeat in the state, which goes to polls next year. Singapore over the weekend announced plans to start offering Booster Shots to the elderly and vulnerable. Meanwhile, the us chief medical advisor, anthony fauci, has said Booster Shots of pfizer are likely to be ready to administer there in a fortnight. 0ur Asia Business Reporter Katie Silver has more on the story. Katie, singapore has been hit hard by the pandemic and i know youve got various restrictions still in place there so what will This mean, the senate over the weekend . Will This mean, the senate over the weekend . Well unfortunately sall it the weekend . Well unfortunately sally it doesnt the weekend . Well unfortunately sally it doesnt look the weekend . Well unfortunately sally it doesnt look like the weekend . Well unfortunately sally it doesnt look like This sally it doesnt look like This is going to mean so much as it comes to reopening, as part of its Press Conference the government said that any sort of domestic reopening is further down the line and it has been very cautious here when it has come to reopening of any borders, we have a vaccinated Travel Lane as it is being dubbed coming into effect soon with Germany And Brunei but it does seem that restrictions will be in place for the foreseeable. When it comes to these boosters, those over 60 as well as the immunocompromised will be eligible to receive boosters at the either two months or six months after they have had the initial few doses and at the moment here in the City State we are seeing about 200 cases a day. This comes at the same time as we are hearing these messages from the us, in particular Doctor Fauci speaking over the weekend. President biden for instance has set a deadline saying that September 20 was when the us would be keen to start rolling out its Booster Shots and that is particularly being offered to people about eight months after theyve had the initial shots. According to Doctor Fauci pfizer will make This deadline, they have submitted their data to the cdc but it looks like that may be delayed for moderna. The reason This is important because we are seeing Around The World that the Delta Variant seems to be evading vaccines so that is why we are seeing Booster Shots being rolled out in the likes of germany and the us for its part has cases about four times what they were This time last year as well as hospitalisations and what that is meaning is that we are seeing workplaces struggling to return, factories having to remain closed, and This is then impacting the data. Of course we got those Jobs Numbers out The End of last week of the west we have seenin last week of the west we have seen in seven months, recent Manufacturing And Trade data also down and in Fact Travel in the us for example in the month of august was the lowest it has been and much lower than many expected. We are also hearing further about the impact This is going to have in other countries, because of the Delta Variant they are lowering their global forecast in the order of about half a percent for the year. About half a percent for the ear. , about half a percent for the ear,. ,. , year. Ok, Thanks Katie in singapore year. Ok, Thanks Katie in singapore for year. Ok, Thanks Katie in singapore for us. A new campaign is underway to help more people of Colour Reach senior positions in business in the uk. The 10,000 black Interns Initiative aims to offer more opportunities to young black graduates. Currently, there are no black chairs, chief executives, or chief financial officers in any of the ftse100 or aim listed companies. Joining me now is esther 0dejimi uzokwe, programme director, 10,000 Black Interns. A very warm welcome to the programme. Must admit only that This news broke some time ago, that in the Ftse 100 This news broke some time ago, that in the ftse100 there are no lax ceos or see sweet executives which is staggering, isnt it . In This Day And Age . Absolutely and you are correct to say in This Day And Age it absolutely is staggering and these are the Industry Decision makers making decisions for all colours and all races in society and i think we can all agree that thatis think we can all agree that that is a big problem and that is exactly what10,000 Black Interns is here to attempt to fix over the course of the next five years and hopefully pay dividends in the future Of Industry. 50 dividends in the future Of Industry dividends in the future Of Indust ,. , industry. So ust tell us how This will industry. So just tell us how This will work . Industry. So just tell us how This will work . So industry. So just tell us how This will work . So we industry. So just tell us how. This will work . So we actually started off This will work . So we actually started off as This will work . So we actually started off as 100 This will work . So we actually started off as 100 black started off as 100 Black Interns focused on investment management, and that started off with a dinner for black managers and found out that there were not many of their metal. We decided to approach a number of firms to set up to the programme and what they are essentially signing up to is to offer one internship to a black student who is studying at any uk university, across any Year Group of higher Education Or Study, so something that is tangible, and paying the national Minimum Wage though no free labour under This. We had a number of conversations and This is how we threw a couple of zeros on The End of our name and we morphed into 10,000 Black Interns in the space of eight few months and the premise is very similar, so six weeks, minimum of the local Living Wage over the summer to black students at any university including international students however we are now partnered up with more than 700 businesses and firms across the uk representing 24 different sectors from Marketing And Advertising to the bar to Investment Banking and we have more than 2000 internship opportunities ready and waiting for candidates to take up. Applications to the programme actually open today so we are very excited to get the ball rolling with This. It very excited to get the ball rolling with This. Rolling with This. It sounds excitin rolling with This. It sounds exciting and rolling with This. It sounds exciting and it rolling with This. It sounds exciting and it sounds rolling with This. It sounds exciting and it sounds like j rolling with This. It sounds i exciting and it sounds like it could make a difference, but im just going to be Devils Advocate here and say, we have seen many initiatives over the years and here we are still as you say with This shocking statistic about ftse100 companies, we should hang our heads in shame really, about that. So why do you believe This particular initiative will make that difference . 50 This particular initiative will make that difference . So This programme make that difference . So This programme in make that difference . So This programme in particular, make that difference . So This programme in particular, and| programme in particular, and you are correct to say that there are a number of initiatives attempting to fix the same problem, This initiative in particular is open to every single black student in the uk, so for example we are not focusing on students from particular target universities, norare students from particular target universities, nor are we focusing on students in a particular year of the Education Or Study with regards to Penalty Year or graduates which is the current target in terms of both that our approach for internship so we are open to, as long as you are black and you are studying at a uk university, and it is a very holistic programmes are not only are we focused on getting the students into industry, we are working very closely with the firms as well we are running sessions with firms with regards to cultural retention. There is pre Internship Training for the candidates to ensure that they candidates to ensure that they can show up to these firms ready to succeed, as themselves with confidence, combating the typical things that people like herself encounter when we are going into industry and we dont see anyone who looks like us stopping the lack of confidence, imposter, feeling like you are the lucky and privileged one to be there when actually you deserve a seat at the table just as much as anybody else. The table just as much as anybody else. Super, esther, thank you anybody else. Super, esther, thank you for anybody else. Super, esther, thank you for being anybody else. Super, esther, thank you for being on anybody else. Super, esther, thank you for being on the i thank you for being on the programme. Stay with us on bbc news, still to come and we meet the professional gaming coach, at more than 100 Dollars an hour its turning out to be a lucrative business fuelled by the pandemic. This is bbc world news, the latest headlines an afghan resistance leader, whos been spearheading a battle against the taliban, says hes willing to enter peace talks. The families of victims of malaysia Airlines Flight Mh17 shot down over ukraine are set to testify for the first time. A privately financed museum of contemporary art, the macaal, opened its doors in 2016 to provide a platform for artists across africa. Its founder, 0thman Lazraq says investors like him are playing a key role in shaping the future of moroccos domestic art market. When we met him in marrakesh, he explained what drove him to create the institution and why its important to make contemporary art accessible to all moroccans. So, macaal is a contemporary private museum founded by my family and myself. We decided to create it because of a collection that my family started 40 years ago. I wanted to organise a collection so we created This foundation but then over the times we realised that the foundation needed to be, needed to have a purpose, needed to create something stronger. And the only contemporary museum in the country. And probably one of the only one in the whole continent, of 54 countries. The biggest challenge obviously is to raise money. As a collector and as, i want to say, a philanthropist, i think you have to do educate not only the people that are coming to your space but also the collectors, the art markets. What i really liked about the show is that i liked about the show is that i like to say it is a show that is alive because you have all the senses that are awake. 0f the senses that are awake. Of course you Cant Smell but it is a very strong smell of Brown Sugar and caramel. I felt sometimes ifelt sometimes bad i felt sometimes bad for artists that were living in my country to go to the west, to have more infrastructure, to meet people who actually would understand them, to people that would actually show them, introduce them to a real artworld and a strong artworld. We do have an ecosystem today. Marrakesh is known to be a cultural platform, a cultural hub, but i think without all these cultural and private founders, we wont have a cultural hub. I think my generation deserves to have a Space Today to showcase and empower African Art as much as possible. The pandemic has kept many of us indoors providing the perfect conditions for increased Video Game Play so much so that by The End of 2020, 36 Million britons were turning to consoles and pcs for entertainment. And weve been watching others play too. Watching e Sports Gaming is a global Spectator Phenomenon with annual audiences estimated at 450 Million people. With decent cash prizes for the best players too there are more and more gamers aspiring to go professional and so video Game Coaching is big business. Joining me now is Nicholas Travis, also known as shifty, 0verwatch Tutor at gamer sensei. Have i said that all correctly . To begin with. You are a professional gaming coach. How do you find your pupils or do they seek you out . They seek you out . Typically they seek you out . Typically they seek they seek you out . Typically they seek me they seek you out . Typically they seek me out. They seek you out . Typically they seek me out. It they seek you out . Typically they seek me out. It puts i they seek you out . Typically| they seek me out. It puts the best coaches out there so that when a player wants to improve the game, they can go to an elite coach and then do a lesson from there. Firstly you want to see what sort of level they are already ad and then we can create a Lesson Plan and an approach. Can create a Lesson Plan and an approach approach. For oneonone coaching. Approach. For oneonone coaching, you approach. For oneonone coaching, you charge i approach. For oneononej coaching, you charge more approach. For oneonone i coaching, you charge more than 100 an hour. For some watching This they will think that is pretty good as This. Under those out your professional help know that you are who you say you are in terms of credentials, all that sort of thing. Is there some sort of Market System or an organisation you have to be a part of to prove your worth . There is already a Vetting Process before you can get into the programme. We have a very limited amount of coaches on there. You can see all of the accomplishments on the webpage for example, contenders, 100,000 tournament. In the European Version and then the atlantic showdown after that. The North American Homeland Team with the european team. I was coaching at the time. In the last semester alone i took two colleges and five championships so i have a pretty good Track Record to backup. D0 pretty good Track Record to backu. , pretty good Track Record to backu. , backup. Do you prefer coaching to gaming . Backup. Do you prefer coaching to gaming . How backup. Do you prefer coaching to gaming . How do backup. Do you prefer coaching to gaming . How do you backup. Do you prefer coaching | to gaming . How do you balance it all out . I to gaming . How do you balance it all out . , it all out . I do both, i enoy both what i it all out . I do both, i enoy both what | d it all out . I do both, i enoy both what | want i it all out . I do both, i enoy both what | want to i it all out . I do both, i enoy both what i want to do i it all out . I do both, i enjoyj both what i want to do and love to do and it turns out i was pretty good at it. I was probably a better coach than i was a player overall although i did Play Tournaments as a player. I noticed that when i was playing on several teams, lacked an objective viewpoint to let the players know exactly what was going on, why are things going wrong, what can we do to improve. You kind of need that, not as necessarily a player, so you dont have that highest impact to go on a direction on how to improve things. Direction on how to improve thins. , direction on how to improve thins. , , things. Just quickly because we havent got things. Just quickly because we havent got much things. Just quickly because we havent got much time, havent got much time, nicholas, but what do you look for in someone who wants to be the person who is going to win This huge Prize Money at these International Events . First thin. International events . First thin i International Events . First thing i want International Events . First thing i want to International Events . First thing i want to look International Events . First thing i want to look for i International Events . First thing i want to look for is i International Events . First i thing i want to look for is the drive to succeed. To play the game in a Way Notjust for fun but to improve, constantly improving while at the same time not being too down on yourself because you are never going to be perfect. Combine that with good awareness, a little bit of talent and really focus on improving on every aspect of the game are notjust the aspects that you think are going to be most important but really taking advice from good sources and making it their own. , sources and making it their own. ,. , sources and making it their own. ,. ,. ,. ,. , own. Nicholas, fascinating to talk to you own. Nicholas, fascinating to talk to you. Thanks own. Nicholas, fascinating to talk to you. Thanks very i own. Nicholas, fascinating to i talk to you. Thanks very much. Have a good day. That is Nicholas Travis there and that is your latest business news, i will see you soon. Hello there. Sunday was a warm, sunny day for most, hot for some along the south coast. We saw temperatures peaking at 27 celsius in West Sussex thats 80 fahrenheit. We havent seen temperatures like that in england since The End ofjuly. Now, there was some cloud around, and you can see in the highland, the cloud thick enough for some rain, some of it heavy at times. And in fact, that Weather Front still continues to bring some outbreaks of rain as it moves its way steadily south into the north of england. It is weakening off as it bumps into This area of High Pressure, so a band of cloud and a few spots of rain towards dawn. A mild start for all, maybe some Mist And Fog lingering across South Wales and southwest england. But once that lifts, therell be plenty of sunshine for england and wales once again, and the temperatures are set to climb. Even a weak Weather Front will start to ease away and some sunshine comes through eastern England And Northeast scotland. A Light Breeze coming from a southerly direction. That means its driving up that warm, dry air, so temperatures peaking potentially once again at 27 degrees. Now, as we move out of monday into tuesday, still High Pressure influencing the story, and as the winds move around in a clockwise direction, well, that means that the Wind Direction is coming from a southeasterly, driving in This warm, dry air from the near continent. In actual fact, with a little bit more of the breeze around potentially on tuesday, thats going to break up that cloud. The sunshine is going to be fairly widespread right across the country, bar the exception perhaps for the western isles. Temperatures will be a little bit warmer in scotland, peaking at 25 celsius. We might see 28 or 29 somewhere across central or southern england. Now, as we move out of tuesday into wednesday, again, still plenty of warm, sunny weather, but there is the potential for a few sharp, thundery showers towards The End of the day to develop down into the southwest, tied into another area of low pressure. So, here, not quite as warm, but again, were still likely to see those temperatures peaking into the high 20s. That means that thursday will start to see a change as areas of low Pressure Move in off the atlantic, the Wind Direction changing once again and well see some outbreaks of rain. Now, not widespread, but it does mean that there will be a change as we move towards The End of the week. So, turning from warmer weather into Something Cooler with rain from thursday. Good morning, welcome to breakfast with Dan Walker and louise minchin. 0ur headlines today. Its back to school for millions of pupils in england and wales, but will new, more relaxed Covid Measures make the grade against fears of a Virus Spike . Pressure on the prime Minister Borisjohnson faces a growing backlash over plans to increase taxes to pay for social care. Small businesses warn an increase in national insurance would devastate their recovery from the effects of covid 19. What would the hike mean for employers and workers . Ill take a look. Where have all the good men gone and where are all the gods . A bright, Shining Star Girls Aloud singer sarah harding

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