Transcripts For BBCNEWS Asia 20240704

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because of an international arrest warrant for alleged war crimes. mr putin told the summit they're on course to meet the aspirations of most of the world's people. we also heard from south africa's leader who reflected on his meeting with china's president xijinping. take a listen. president xijinping and i discussed the ongoing conflict between russia and ukraine and its significant impact on developing economies in africa and elsewhere. we both agreed on the importance of dialogue and negotiation between the two sides. the block accounts for about 40% of the world's population. a quarter of the global economy. lupin rahman, manages the emerging markets portfolio at investment firm pimco. she told me what investors are looking for from the brics summit. investors are looking at a more medium—term outlook rather than having a near—term market impacts but it's important for emerging market investors to recognise is the first time brics are taking an international voice for themselves and it is reflective of some of the nervousness and anxiety that many brics countries have faced relative to the last few years with the coronavirus shock, the ukraine war, impact on food prices and a large hike in the federal reserve, so investors will see how this summit plays out. whether there will be an expansion in the membership or discussion of further lending by banks or if there is any scope of it, and currency, maybe not in the near future but perhaps 5—10 years down the line. india's lunar mission is a few hours away from attempting to land on the south pole of the men. if successful, india will become the fourth country after the us, the former soviet union and china to perform a soft landing on the lunar surface. so what does this mission mean for the country's standing as a space power and for future lunar exploration? we have finaers lunar exploration? we have fingers crossed. _ lunar exploration? we have fingers crossed. it - lunar exploration? we have fingers crossed. it would i lunar exploration? we have| fingers crossed. it would be lunar exploration? we have l fingers crossed. it would be a moment of national pride of india's land i was able to set down safely on the lunar surface to become the first country to land on them in�*s south side which is also called the dark side of the moon and trickier. there was great anticipation across the country, with events and live screening of the landing pad and educational institutions and educational institutions and other places. this is india's second bid to land on the lunar south pole and is crucial for the country's space ambitions and its reputation for cost competitive space engineering. after the crash of the russian lunar craft on sunday and amidst the neat global interest in moon explorations, all eyes are now on india. it is taken a lead to expand knowledge of water in the lunar south pole which scientists they would support human habitation on the moon in the future. for india, a success would reposition it as a global space power. there has been approved by the indian government to increase investment in private space launches and satellite —based businesses and the interest is only growing. since the sector was opened up for private companies in 2020, the number of space start—ups has doubled. india's nascent space industry which currently accounts for just 2% of the global space economy has an ambition to touch double digits by 2030. yesterday on the programme we brought to you the story of a british microchip designer sonny to list in the united states next month and what is expected to be the largest initial public offering or ipo this year. a member of a venture capitalfirm this year. a member of a venture capital firm based this year. a member of a venture capitalfirm based in silicon valley told me why it is considered such an exciting prospect. it is considered such an exciting --rosect. . , is considered such an exciting --rosect. ., .,, prospect. it has the most dominant _ prospect. it has the most dominant market - prospect. it has the most dominant market share i prospect. it has the most| dominant market share in prospect. it has the most - dominant market share in terms of the chip design that are licensed to people making cell phones and by and large, almost every mobile device that we use today. so they are very, very significant company in terms of share and actually the embedded content of technology in our everyday life. i admit they have almost $1 trillion valuation bite now. do you think that some of these chip designers, their stocks, the companies, rather, being overvalued? in the market is a very unique company. they have done a very, very good job in terms of catching the and actually, defining the way. but whether were deciding to is large new network —based type artificial intelligence network is going to change everything about the way we're going to interact with computers in the future. ten years from now almost every application is to change. a lot of them will be self instrumented. said that as the part that we are betting on and that is the way that this is the thing and that is honesty is what they now had to wrestle themselves into this gpu ai base also.— wrestle themselves into this gpu ai base also. you may be watchin: gpu ai base also. you may be watching this _ gpu ai base also. you may be watching this from _ gpu ai base also. you may be watching this from home - gpu ai base also. you may be| watching this from home whilst type at work and remote work increasingly common. lots of businesses, office buildings are empty. now, vacancy rates are empty. now, vacancy rates are at a 30 year high in many american cities. new york's vacancy rate was at an eye watering 22% in the first three months of this year. that faces questions. what should be done with all that empty space. from new york, michelle sent this report. the big apple, defined in part by the the towers are sinking under the weight of skyscrapers made useless by remote work. high interest rates are making a bad situation worse. many are financed with short—term loans. the is $1 trillion of debt you in the next 18 months and so that'll be hard to be finance these loans and a lot of landlords decide that it is not worth it and they will decide to give back the keys and said an default on those loans. some real estate _ an default on those loans. some real estate companies _ an default on those loans. some real estate companies will - an default on those loans. some real estate companies will not i real estate companies will not survive the crisis. 0thers real estate companies will not survive the crisis. others are pivoting. so this is a vacant office that is being used in the show equaliser. finding a new lease on life, this midtown manhattan tower often doubles as a film set.— as a film set. said their swimmers _ as a film set. said their swimmers and - as a film set. said their swimmers and others l as a film set. said their i swimmers and others that as a film set. said their - swimmers and others that the landlord — swimmers and others that the landlord left as is for film and — landlord left as is for film and w _ landlord left as is for film and tv. �* ., ., landlord left as is for film and tv-— landlord left as is for film andtv. . ., and tv. amanda runs a company that helps _ and tv. amanda runs a company that helps film _ and tv. amanda runs a company that helps film and _ and tv. amanda runs a company that helps film and tv _ that helps film and tv productions find locations. she says landlords are waking up to possibilities. a 3—5 day should can bring an 80 — $150,000. they were very surprised by much — they were very surprised by much they can make. it has created _ much they can make. it has created a _ much they can make. it has created a revenue stream that is real — created a revenue stream that is real. they were shockingly real— is real. they were shockingly real for— is real. they were shockingly real for a _ is real. they were shockingly real for a lot of landlords. | real for a lot of landlords. know he real for a lot of landlords. i know he was planning for running _ know he was planning for running for— know he was planning for running for congress. - know he was planning for running for congress. i'dl know he was planning for- running for congress. i'd make the space _ running for congress. i'd make the space was— running for congress. i'd make the space was brought - running for congress. i'd make the space was brought to - running for congress. i'd make the space was brought to life l the space was brought to life in the — the space was brought to life in the crime _ the space was brought to life in the crime drama _ the space was brought to life in the crime drama law- the space was brought to life in the crime drama law and l in the crime drama law and order— in the crime drama law and order but— in the crime drama law and order but short _ in the crime drama law and order but short not - in the crime drama law and order but short not a - in the crime drama law and - order but short not a long—term fix. order but short not a long—term the a _ order but short not a long—term the a long — order but short not a long—term the a long time _ order but short not a long—term fix. a long time ago, _ order but short not a long—term fix. a long time ago, this - order but short not a long—term fix. a long time ago, this used i fix. a long time ago, this used to he _ fix. a long time ago, this used to he the — fix. a long time ago, this used to be the offices— fix. a long time ago, this used to be the offices of— fix. a long time ago, this used to be the offices of goldman . to be the offices of goldman sachs — to be the offices of goldman sachs today. _ to be the offices of goldman sachs. today, the _ to be the offices of goldman sachs. today, the building l to be the offices of goldman| sachs. today, the building is being — sachs. today, the building is being repurposed _ sachs. today, the building is being repurposed into - being repurposed into apartments. - being repurposed into apartments. part- being repurposed into apartments. part of. being repurposed into apartments. part of a| being repurposed into - apartments. part of a much bigger— apartments. part of a much bigger conversion— apartments. part of a much bigger conversion wave - apartments. part of a much. bigger conversion wave which city officials _ bigger conversion wave which city officials hope _ bigger conversion wave which city officials hope will - city officials hope will provide _ city officials hope will| provide much—needed city officials hope will - provide much—needed housing. where — provide much—needed housing. where we — provide much—needed housing. where we stand _ provide much—needed housing. where we stand in— provide much—needed housing. where we stand in right - provide much—needed housing. where we stand in right now? i provide much—needed housing.| where we stand in right now? in the mag right now we are in the corner of the building, this is going to be someone's living room. i paid this roughly1 million square feet tower is undergoing a transformation from office cubicle someone's him. we met once an enclosure to a tower will now be enclosed and made into a residential energy room and outdoor room and all kinds of great spaces for the residents to use. and it is notjust a new york thing. an architect whose company is designing the floor plans is fielding a more calls about conversions from across the country. about conversions from across the country-— the country. they've been around for _ the country. they've been around for a _ the country. they've been around for a long - the country. they've been around for a long time - the country. they've been| around for a long time but getting _ around for a long time but getting a _ around for a long time but getting a lot _ around for a long time but getting a lot of _ around for a long time but getting a lot of attention i around for a long time but. getting a lot of attention now because _ getting a lot of attention now because it _ getting a lot of attention now because it is _ getting a lot of attention now because it is an _ getting a lot of attention now because it is an almost - getting a lot of attention now because it is an almost kind i getting a lot of attention nowl because it is an almost kind of national— because it is an almost kind of national emergency. _ because it is an almost kind of national emergency. later- because it is an almost kind of national emergency. later in l national emergency. later in the economics? _ national emergency. later in the economics? we - national emergency. later in the economics? we mag - national emergency. later in the economics? we mag it l national emergency. later in l the economics? we mag it can national emergency. later in - the economics? we mag it can be more _ the economics? we mag it can be more expensive _ the economics? we mag it can be more expensive than _ the economics? we mag it can be more expensive than a _ the economics? we mag it can be| more expensive than a brand—new building — more expensive than a brand—new building this— more expensive than a brand—new building. this carefully— more expensive than a brand—new building. this carefully can - building. this carefully can make _ building. this carefully can make that _ building. this carefully can make that we _ building. this carefully can make that we have - building. this carefully can make that we have to - building. this carefully can make that we have to be l building. this carefully can i make that we have to be very smart — make that we have to be very smart about _ make that we have to be very smart about how— make that we have to be very smart about how we - make that we have to be very smart about how we modify l make that we have to be very. smart about how we modify the buildings — smart about how we modify the buildings so _ smart about how we modify the buildings so it— smart about how we modify the buildings so it is— smart about how we modify the buildings so it is actually, - buildings so it is actually, you — buildings so it is actually, you know. _ buildings so it is actually, j you know, cost—effective. buildings so it is actually, you know, cost-effective. from ermits you know, cost-effective. from permits to _ you know, cost-effective. from permits to making _ you know, cost-effective. from permits to making sure - you know, cost-effective. from permits to making sure you i you know, cost-effective. froml permits to making sure you have the right structure to begin with, it is hard to make the numbers work. but vacancy rates are at an all—time high and as landlord struggled to find tenants, they have been forced to think outside the box. in other news, making headlines, microsoft has made a fresh bid to buy a game maker. it would be the biggest deal of its kind in gaming history. now, it has been a tumultuous 18 months to try to get the purchase of the company behind the titres of such games as call of duty and candy crush over that line. the original $69 billion deal split regulators around the world. microsoft's president said that the new offer was substantially different and should be approved. the british authorities have said that they will make the call about it on the 18th of october. but that this is not a green light. before we go back to check the markets one more time. but pretty much flat. wall street ended down ever so slightly. it looks like investors are just waiting to see what the us federal reserve is going to do. of the keep interest rates of the keep interest rates high? they stay steady? that is all we have for you in this edition. bbc news bringing you different stories from across the uk. more options than ever to pedal around the capital. london,�*s original scheme was launched by borisjohnson in 2010 but the numbers using so—called boris bikes are not what they were. figures suggest journeys bikes are not what they were. figures suggestjourneys made between january and july were down by one third on the same period last year. they are at their lowest for a decade and some believe it is the price last september tf attends the annual subscription and the fee for single journeys. annual subscription and the fee forsinglejourneys. i annual subscription and the fee for single journeys.— for single “ourneys. i would usuall for single journeys. i would usually have _ for single journeys. i would usually have four _ for single journeys. i would usually have fourjourneysl for single journeys. i would i usually have fourjourneys for usually have four journeys for the cost of £2 50 a journey. i went to hire a bike, and it was £1 65 perjourney. that went to hire a bike, and it was £1 65 perjourney.— £1 65 per “ourney. at this oint £1 65 per “ourney. at this point to— £1 65 perjourney. at this point to the _ £1 65 perjourney. at this point to the of— £1 65 perjourney. at this point to the of rival- £1 65 perjourney. at this point to the of rival hire | point to the of rival hire bikes. . ,., point to the of rival hire bikes. . ., , bikes. reducing usage as the competition _ bikes. reducing usage as the competition from _ bikes. reducing usage as the competition from other i bikes. reducing usage as the competition from other other hire bikes. there are now forming _ hire bikes. there are now forming other on hire bikes. there are now forming othe- hire bikes. there are now forminu othe ., , , forming other on these rights, ease and comfort _ forming other on these rights, ease and comfort is _ forming other on these rights, ease and comfort is key. i i ease and comfort is key. i don't have my own bike because it got— don't have my own bike because it got stolen _ don't have my own bike because it got stolen so _ don't have my own bike because it got stolen so many— don't have my own bike because it got stolen so many times. i it got stolen so many times. road — it got stolen so many times. road bikes— it got stolen so many times. road bikes are _ it got stolen so many times. road bikes are heavy. - it got stolen so many times. j road bikes are heavy. those bikes are heavy. in response, tfl sa s bikes are heavy. in response, tfl says it _ bikes are heavy. in response, tfl says it is _ bikes are heavy. in response, tfl says it is working - bikes are heavy. in response, tfl says it is working to i bikes are heavy. in response, tfl says it is working to make j tfl says it is working to make cycling more accessible and is increasing the number of eu bikes in the scheme. for more stories from across the uk head to the bbc news website. hey, i'm zoff with the catchup. tonight. fewer drug deaths in scotland, unlikely goings on in a graveyard, and a very rare giraffe. but first, our top story, the extraordinary rescue of all six schoolchildren and two adults trapped on a broken cable car, stranded hundreds of metres above a riverbed in pakistan. this was how the first rescue unfolded. you can see a person hanging by a rope moved out of the cable car before being carried away by a helicopter. a second child was rescued by using a zip wire. sami can be seen descending from the cable car in the dark. he makes a safe journey to the ground. some other stories now. fewer people are dying in scotland from misusing drugs. official figures show 1051 people died of drug misuse last year, a big drop from previous years. but scotland still continues to have the worst rate for drug deaths in the uk. and kids should be spending more time doing pe at school. that's according to the youth sport trust. data shows 4000 fewer hours of pe were provided by state schools in the last academic year. and when i say graveyard, i'm sure a sombre picture comes to mind. so this next story, it might surprise you. some couples in ipswich have been having sex on graves outside a church. police want measures imposed to stop this happening. time now, then, for ten seconds of a very rare giraffe. this baby giraffe was born with no spots at a zoo in tennessee. experts believe she is the first ever of her kind. i love it. she's absolutely adorable. you're all caught up now. see you later. hello and welcome to sportsday — i'm tulsen tollet. kenyan faith kipyegon claims a third world title as she wins the 1500m at the world championships in budapest rangers twice let slip a lead as they draw 2—2 in the opening leg of their champions league qualifier against psv eindhoven and 0wen farrell will miss the first two rugby world cup matches after being handed a four match ban on appeal

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