Transcripts For BBCNEWS World 20240704

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welcome news, but a long way to go. what happens now?— welcome news, but a long way to go. what happens now? good morning. this is the first step — what happens now? good morning. this is the first step that _ what happens now? good morning. this is the first step that does _ what happens now? good morning. this is the first step that does indicate - is the first step that does indicate they could be a socialist led government in the future weeks, but it was an inconclusive general election with a hung parliament, so there is still a chance there will be a repeat election in a few months. nothing is clear yet, but we know that might become certainty. we will see how this changes in the next few weeks. in principle there is a deal between the socialist. we will find out pretty soon. this is a deal between the socialist. we will find out pretty soon.— will find out pretty soon. this has all weighed _ will find out pretty soon. this has all weighed quite _ will find out pretty soon. this has all weighed quite heavily - will find out pretty soon. this has all weighed quite heavily on - will find out pretty soon. this has| all weighed quite heavily on spain in general. talk us through some of theissues in general. talk us through some of the issues that the country has been facing. the issues that the country has been facina. u, ., , the issues that the country has been facina. ., , , facing. economy level, spain is really struggling _ facing. economy level, spain is really struggling with _ facing. economy level, spain is- really struggling with unemployment. this has been a problem for the past few decades. it is the highest in all the european union, between 11 and i2%. especially youth unemployment is as high, 28%, and the highest in the eu. the struggle for, the main challenge will be reducing that unemployment. there has been progress in the past few years under the socialist led government, it has been reduced, but it still has a long way to go. assuming we do get over all these steps and there is a coalition government, what do you think the priorities will be, how would they go about reigniting spain? coalitions are never easy, are they? it will be a very fraught government, needing support for passing a budget. if you look at what has happened over the past few years in this coalition between the socialists and the hard left party, the priority has been spending on green infrastructure, green hydrogen pipelines or electric vehicle battery plants. also there has been done like we have seen some higher taxes, wealth tax, some temporary windfall taxes on banks and the energy sector. i think we can see more of that in the coming years if there is another term for the prime minister. to there is another term for the prime minister. ., ., . ., minister. to underline once more, briefl , minister. to underline once more, briefly. how _ minister. to underline once more, briefly, how important _ minister. to underline once more, briefly, how important this - minister. to underline once more, briefly, how important this is - minister. to underline once more, briefly, how important this is for l briefly, how important this is for spain, the steps in parliament today? spain, the steps in parliament toda ? , , spain, the steps in parliament toda? , , today? yes. this was crucial. if censures. _ today? yes. this was crucial. if censures. if — today? yes. this was crucial. if censures, if the _ today? yes. this was crucial. if censures, if the socialists - today? yes. this was crucial. if. censures, if the socialists hadn't won the speakership, that would almost certainly have meant new elections, where the balance in parliament could have changed. the fact that the speaker is a socialist and it garnered seven votes of the catalan party, that means it is much more likely we will see a government. this is crucial of course in terms of stability and certainty for markets.- course in terms of stability and certainty for markets. david, thank ou for certainty for markets. david, thank you for your _ certainty for markets. david, thank you for your time. _ in the us, the latest figures from the retailer target suggest it's the latest victim of the so—called "culture wars". the chain, which sells everything from homewares, to toys and and clothes, saw sales fall — in—store and online — for the first time in years. it follows controversy over products sold under the banner of pride. there was such a backlash from conservatives that some items were removed from sale because of concerns about staff safety. our north america business correspondent — michelle fleury has more from new york. between april and june, sales at target fell 5% compared to a year ago. e—commerce sales fell io.5%. the boss of the so—called big box retailer said it was hard to tell how much was because customers were feeling pressure from higher prices and how much had to do with the boycotts and backlash it faced over its pride month offerings that led to items being pulled from the shop floor to protect the safety of its staff. despite the sales decline, the retailer reported higher profit margins than analysts had expected, as it offered fewer discounts. all of that bodes well for walmart which is forecast to report a 4% rise in sales. results from the world's largest retailer should also offer a glimpse into demand for back—to—school items. traders are hoping that, despite higher borrowing costs, it will show us shoppers are still willing to spend on essentials. in other news... the bbc understands administrators have received at least two bids for the troubled homewares chain wilkos. the firm fell into administration last week with 12,000 jobs at stake. pwc has been tasked with weighing up any bids to try to save at least some of the 400 wilkos stores on high streets across the uk. the chinese online retailer jd.com has posted a $40 billion rise in revenue. sales in the second quarter were up 7% — beating expectations. the patform has been focussing on lower—priced products which seems to have attracted bargain—hungry shoppers amid an economic slowdown. the company also said it attracted more vendors too. it was a different story over at tencent, where earnings results came in below estimates. revenue did grow 11% tojust over $20 billion. but its core gaming business suffered wea ker—than—expected growth. domestic gaming revenue in particular saw little change, a sign that the economic slowdown in china has hurt the tech giant's recovery following a record slump last year. it's been a difficult week across the board in china — we saw house prices fall, disappointing retail sales, and a decision by the government to stop publishing its regular update on youth unemployment — which hit a record high injune. the chinese premier li chung has said that his country would "work to achieve its economic targets" after calls for more government stimulus. in singapore, cash, cars, properties and watches were among the luxury items seized by anti—money laundering police in a series of raids on tuesday. ten people, all of whom hold foreign passports, were arrested. more than $700 million us dollars of assets have been seized in what's being described as one of the biggest cases of its kind singapore has seen. 0ur asia business reporter, katie silver is following the story. those who were arrested aged between about 31 and 44 years of age and they were charged with money—laundering, forgery and arrest. forgery and resisting arrest. we also understand from the police here that about eight more people are wanted and that none of the people who were arrested were either singaporean citizens or permanent residents here. instead their passports were from everywhere, the likes for example of turkey, cyprus, cambodia, vanuatu, saint kitts and nevis, and the dominican republic. all also, it seems, had chinese passports. as you mentioned, these were simultaneous raids across the island. they included, for example, condos and residences including in some of the most sought—after neighbourhoods here in singapore. 94 different properties raided, 50 different vehicles, a huge operation. as you mentioned, they seized everything, from about 35 different bank accounts, $17 million in cash, luxury bags, wallets, computers, phones, gold bars even and jewellery. it seems these people, they were charged, they made these crimes overseas, particularly when it comes to things like scams and online gambling, and they made forged documents in order to be able to use this money or bring this money into singapore and into the financial institutions here. one man who was arrested actuallyjumped out of the window on the second floor, he then was found by police when he was hiding in a drain and he was actually taken to hospital to be treated for some of the injuries sustained in the jump. we have heard from singapore central bank which says it will be working with the banks or financial institutions here where the funds have gone and it would take firm action against any financial institutions whose money—laundering policies might not be up to scratch. but indeed it is very rare here in singapore. it has one of the lowest crime rates in the world and we have heard from police saying they are going to have zero tolerance going forward for any use of singapore as a safe haven. now here in the uk "clean air zones" have been hitting the headlines. there's been controversy over the ultra low emission zone — or ulez — in london, which is being expanded to the city's outer suburbs. clean air zones also operate in hundreds of highly polluted cities across europe. 0ur transport correspondent katy austin has been looking at how they've been working in other parts of england. signs like these have become a common sight. we'vejust entered birmingham's clean air zone. it's been in operation forjust over two years now, and it's one of seven that have sprung up in cities around england over the past few years. here, driving an older, more polluting car or van means an £8 daily charge. in one residential area we got a sense of how opinions remain divided. some people welcomed the zone and even said it should be stricter. a lot of people live here, especially kids. so at least those cars, which makes a lot of pollution. i think we should consider in the direction of banning them. the manager of the shop did manage to swap to a car that doesn't attract a charge, but he still felt attract a charge, but he still felt a financial hit. the first question they ask me, you in the zone or out of the taxing zone? 0nce they ask me, you in the zone or out of the taxing zone? once you say you are in the taxing zone, they are going to charge £8 for your delivery. going to charge £8 for your delive . ., ., , u, delivery. cleaner zones came in after the government _ delivery. cleaner zones came in after the government told - delivery. cleaner zones came in after the government told a - delivery. cleaner zones came in - after the government told a number of councils to bring down air pollution to within legal limits as quickly as possible. birmingham city council told us, the portion of the most polluting vehicles had more than halved, to 6.4%, since it was introduced. but in the famous jewellery quarter, staff at this business say, however much they support the principle, it has come at a cost. irate support the principle, it has come at a cost. ~ ., ., . ., at a cost. we have noticed a definite drop _ at a cost. we have noticed a definite drop in _ at a cost. we have noticed a definite drop in footfall. - at a cost. we have noticed a l definite drop in footfall. there at a cost. we have noticed a - definite drop in footfall. there has been a lot of confusion in what cars are allowed and what aren't. the money raised — are allowed and what aren't. the money raised goes towards running the scheme, and then to local transport —related projects. in bradford the clean air zone is slightly different. the rules here mean that there isn't a charge for private cars driving into the zone, but there is one for taxes, vans, lorries and coaches, if they don't meet the emissions standards. the council says 98% of local taxis now do, helped by grants. it has already proved a practical headache for this delivery firm, based literallyjust around the corner from the clean air zone boundary. but as he grants to help replace the noncompliant vehicles would not have covered the cost, so now it is a case of avoiding charges wherever possible. plans to introduce a clean air zone in manchester are under review. there is growing discussion of the best way to clean up the air without hitting people too hard in the wallet. katy austin, bbc news. that is it for me. all your business headlines. thank you very much for watching. this is bbc news. we all see the beauty of the natural world, but sometimes it takes a unique eye to appreciate its hidden potential. leaf cuttings and berries, found in a nearby hedge, plus a vision and some determination, can create something truly wonderful. hello. my name is winston plowes. i am an environmental land artist. whereas another artist _ environmental land artist. whereas another artist might _ environmental land artist. whereas another artist might use _ environmental land artist. whereas another artist might use paint - environmental land artist. whereas another artist might use paint and. another artist might use paint and brush, i use natural materials. in a nutshell, i pick something up and move it from one to another. today, i didn't know what i was going to make at all. i picked up some of these. these are from a horst chestnut tree that we are actually under now. —— horse chestnut tree. i just thought that they were an amazing colour. it is quite a simple design, but it is going to take a little application to make it look nice. ~ , ., little application to make it look nice. ~ ,., ., ., ., ~ nice. winston plowes's artwork can take anything _ nice. winston plowes's artwork can take anything from _ nice. winston plowes's artwork can take anything from five _ nice. winston plowes's artwork can take anything from five minutes i nice. winston plowes's artwork can take anything from five minutes to| take anything from five minutes to three hours, and although a gust of wind can destroy them, it is the impact it has on passers—by that makes this labour of love so worthwhile. i makes this labour of love so worthwhile.— makes this labour of love so worthwhile. ~ .. ., worthwhile. i think the fact that it is ephemeral. _ worthwhile. i think the fact that it is ephemeral, that _ worthwhile. i think the fact that it is ephemeral, that it _ worthwhile. i think the fact that it is ephemeral, that it is _ worthwhile. i think the fact that it is ephemeral, that it is transient, j is ephemeral, that it is transient, that it is ephemeral, that it is transient, thatitis is ephemeral, that it is transient, that it is not permanent, i think therein lies the beauty of it. hello from the bbc sport centre. the build up is on for england's first football world cup final since 1966 after the lionesses sealed their spot in sunday's showpiece event by knocking out australia. it's the first time england's women have reached this stage of the competition — and the reaction to that victory has caused some envy — and respect — across the host nation. jane dougall reports. australia's loss was england's game and fans across the uk went wild as the lioness has booked their spot in the lioness has booked their spot in the world cup final. the aussie news stations reluctantly acknowledged england's victory. for them it was about the journey of their women's team. about the “ourney of their women's team. , ., ., about the “ourney of their women's team. ,, ., i. about the “ourney of their women's team. ., , ., ., team. everyone of you should hold our team. everyone of you should hold your heads — team. everyone of you should hold your heads high. — team. everyone of you should hold your heads high, thank— team. everyone of you should hold your heads high, thank you - team. everyone of you should hold your heads high, thank you for - your heads high, thank you for everything. but your heads high, thank you for everything-— your heads high, thank you for eve hina. �* . ., , . everything. but england had silenced them. as england's _ everything. but england had silenced them. as england's third _ everything. but england had silenced them. as england's third goal- everything. but england had silenced them. as england's third goal went l them. as england's third goal went in, attention is turned to sunday's match. , . ., , , ., ., match. ever since i was young i have dreams about _ match. ever since i was young i have dreams about a _ match. ever since i was young i have dreams about a world _ match. ever since i was young i have dreams about a world cup, - match. ever since i was young i have dreams about a world cup, but - match. ever since i was young i have dreams about a world cup, but you | dreams about a world cup, but you always dream about winning it and have a chance to do that this weekend is something we have worked really hard for. we can't wait. watching in the stadium last night, journalists from both countries were impressed with england's performance.— impressed with england's performance. impressed with england's erformance. ., ., impressed with england's erformance. . ~ ., , performance. england knew it was auoin to a performance. england knew it was going to a cauldron _ performance. england knew it was going to a cauldron and _ performance. england knew it was going to a cauldron and they - performance. england knew it was| going to a cauldron and they would be against — going to a cauldron and they would be against a wave of noise, and they knew_ be against a wave of noise, and they knew their— be against a wave of noise, and they knew their game plan was to possess the ball_ knew their game plan was to possess the ball and to stifle that by quieting the crowd, by keeping the ball, quieting the crowd, by keeping the hall. hy— quieting the crowd, by keeping the ball, by doing what they do, and when _ ball, by doing what they do, and when they— ball, by doing what they do, and when they got the chances they absolutely nailed them. it is about connections and being ruthless.

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