investors. are you likely to see that continue? the decision makin: see that continue? the decision making means _ see that continue? the decision making means that _ see that continue? the decision making means that executive i making means that executive reforms and administrative reforms and administrative reforms can happen. but as a result of the decision making reforms, we have not seen land reforms, we have not seen land reforms or agricultural reforms. now, this is a new landscape, and the reason that we might still see labour reforms happen is because there is an alliance, there is an impetus with employment becoming a key issue, and hence, we could see more dialogue. sol hence, we could see more dialogue. so i think eventually, investors will come around and see that this is not such a bad outcome. the government _ such a bad outcome. the government spending - such a bad outcome. the government spending on capex has been a priority. what more needs to be done? is private investment something you're looking out for?— looking out for? definitely. that's a great _ looking out for? definitely. that's a great point, - looking out for? definitely. i that's a great point, actually. because for the labour interventions that need to happen, we will see some shift in the expenditure mix in the fiscal. so i am expecting. capex to be curtailed a bit. but it will not be surging and money will go towards education, training and social sectors which makes it all the more essential for private investment to kick in. and i think that the way for that to happen is to start promoting trade and exports and making imports cheaper. fin trade and exports and making imports cheaper.— imports cheaper. on paper, india still— imports cheaper. on paper, india still remains _ imports cheaper. on paper, india still remains one - imports cheaper. on paper, india still remains one of i imports cheaper. on paper, | india still remains one of the fastest growing economies but the pressure points remain. what would be your first course of action that you would like to see? , , ~' ., of action that you would like to see? , , ~ ., , to see? definitely like to see dialouue to see? definitely like to see dialogue and _ to see? definitely like to see dialogue and movement - to see? definitely like to see dialogue and movement on l to see? definitely like to see l dialogue and movement on the labour side. we have focused on infrastructure. we have focused on other side initiatives. labour's contribution has lacked for too long in india. from the indian economy to the japanese has contracted by a smaller margin than initially reported. according to data on monday, the economy shrunk by 1.8% from a year earlier instead of 2%. weighing on the outlook is a weak yen and a safety scandal in the country's car industry. turning to the oil industry, aramco, the saudi arabian energy giant says that investors have bought up. they're expected to raise almost $11 billion from the move and it comes days after the head of the united nations called fossil fuel companies the "godfathers of climate chaos." a senior research analyst says that the middle eastern country is keen to diversify its economy away from oil. ~ ., , oil. we need to see the ex-with sale of aramco _ oil. we need to see the ex-with sale of aramco by _ oil. we need to see the ex-with sale of aramco by the _ oil. we need to see the ex-with sale of aramco by the saudis i oil. we need to see the ex-with sale of aramco by the saudis in| sale of aramco by the saudis in the bigger context of what mohammed bin salman is trying to do here, and that's all about saudi vision 2030, where the saudis are looking to really modernise their economy and diversify away from oil and gas. and we expect the money raised, the $11 billion to $12 billion will go into saudi's investment fun. and they're undertaking a transformation of the saudi economy. the public investment fund is key to that. and if you look at some of the ambitions with the saudi, we're talking about a trillion dollars of investment. notjust in the futuristic city, which many people talk about, but in areas like green energy, both at home and abroad, manufacturing and areas like sports and tourism, which is going to see a very fundamental change of the saudi economy in society over the neck ten years. society over the neck ten ears. �* , , . society over the neck ten ears, �* , , ., ., years. and this plan of the saudi government - years. and this plan of the saudi government to - years. and this plan of the i saudi government to diversify beyond oil — how do you see that progressing and the kind of steps or actions that are likely to come ahead? for those of us who _ likely to come ahead? for those of us who have _ likely to come ahead? for those of us who have visited _ likely to come ahead? for those of us who have visited riyadh i of us who have visited riyadh lately, it is very, very different to only a few years ago. certainly ten years ago. cranes are everywhere. society and the economy is being fundamentally transformed. if you think about it, for example, most of us when we're thinking of going on a holiday, i don't think that saudi arabia is even on the list. but in ten years, saudi arabia could be one of those top tourism destinations. forthose one of those top tourism destinations. for those of us who remember the transformation of dubai a few decades ago, what we're seeing in saudi is now is very much like that, but on steroids because they've got a lot more money behind it, and they're attracting a lot more foreign investment. and it is a fundamental transformation. they're trying to do what a lot of western economies have taken a hundred years to do, in 20 years. a hundred years to do, in 20 ears. ,, y years. staying with the energy industry here _ years. staying with the energy industry here in _ years. staying with the energy industry here in asia, - years. staying with the energy| industry here in asia, malaysia will remove blanket subsidies on diesel starting on monday. the move is expected to save the government around $850 million a year. diesel will now be sold at a market price that will be set weekly, except in the eastern malaysian states where it will remain subsidised. let's now take a closer look at nollywood, which is the nigerian entertainment industry, comparable to hollywood and india's bollywood. in april, film star junior pope when the boat he was travelling in from a film set cap sized. an investigation found a number of safety failings including that the boat driver wasn't certified. 0ur correspondent has been speaking to people in lagos about the industry's safety records and what needs to change. nollywood is booming. but, it's got a darker side. this is a cultural centre here in lagos and what you can see around me are some of the remnants of a huge nollywood premiere that took place with some of the top names. nollywood is one of the top film industries in the world, up there with hollywood and india's bollywood and it puts out more than 2,500 films every single year. but recently, there have been some concerns over things like health and safety in the films. in april, top nollywood actor junior pope died in a boat accident. it cap sized after hitting canoe in a river killing five people. in this clip, filmed byjunior pope the day before he died, he's clearly concerned about his safety. an investigation found military imfailures. the boat wasn't registered. its driver had no licence, and only one passenger was wearing a life jacket. that's because they'd brought it on board themselves. the bbc has obtained a now deleted video clip from the producer's instagram where she says she was told there were life jacket and junior pope was offered one but didn't take it. actress and screenwriter ruth was a friend ofjune area pope's and she was shocked by his passing. it pope's and she was shocked by his passing-— his passing. it was much more ainful his passing. it was much more painful for— his passing. it was much more painful for me, _ his passing. it was much more painful for me, because i his passing. it was much more painfulfor me, because i- his passing. it was much more painfulfor me, because i have beenin painfulfor me, because i have been in that exact same situation before. so i understood the fear — everything that he must have felt at the last minute of his life. i had to shoot an epic movie, so we couldn't use life jackets. i asked everybody in team if everything was ok. they said yes, it was fine. so i got on the boat. "action" they said and then they started to paddle. the canoe tumbled into this very big river. so my colleague, frankensense, his name, grabbed because i said — i can't swim and stuff like that. it's an experience that i will never forget.— will never forget. this actor sa s will never forget. this actor says the — will never forget. this actor says the industry _ will never forget. this actor says the industry is - will never forget. this actor| says the industry is learning from its mistakes.— says the industry is learning from its mistakes. safety has been quite — from its mistakes. safety has been quite low. _ from its mistakes. safety has been quite low. but - from its mistakes. safety has been quite low. but right i from its mistakes. safety has. been quite low. but right now, it is better. so i think that the — it is better. so i think that the incident was a bit of a wake-up— the incident was a bit of a wake—up call to everybody, wa ke—up call to everybody, directors _ wake—up call to everybody, directors and actors. right now, — directors and actors. right now. we _ directors and actors. right now, we actor, we have to go back— now, we actor, we have to go back home. — now, we actor, we have to go back home-— back home. we all do crazy thins back home. we all do crazy things for— back home. we all do crazy things for the _ back home. we all do crazy things for the love - back home. we all do crazy things for the love of i back home. we all do crazy things for the love of the i back home. we all do crazy i things for the love of the job. going home later. 3:00am on a day doing things that we would not normally do. our timing for filming is insane. the industry agn should have proper rest days. i also think that individuals should look out for themselves, and just fix it for themselves. figs themselves, and 'ust fix it for themselves._ themselves. as nollywood continues _ themselves. as nollywood continues to _ themselves. as nollywood continues to thrive, i themselves. as nollywood continues to thrive, the i themselves. as nollywood i continues to thrive, the world will now be watching how it treats people who work there. and now, the actor's guild of nigeria said in a statement afterjunior pope's death that it has set up a committee to improving safety guidelines as well as protocols. switching focus now to more news. norway's wealth fund says that it will vote against ratifying elon musk�*s $56 billion pay package. the fund says that it "remains concerned about the total size of the award." mr musk�*s pay package is the largest for a chief executive in corporate america. it was voided by a judge earlier this year and will be put to tesla shareholders for a vote this week. and before we go, what we're looking at shall four passengers from the us, turkiye and italy travelled to space on and italy travelled to space on a virgin galactic space. it was organised by the space company which will now take a two—year break. that's all for now. thank you for watching. carbon credit schemes help to offer a way to save the planet. can then or are they full of hot air? hello and welcome to sportsday — i'm chetan pathak, coming up on the programme: will he be the next king of clay? carlos alcaraz wins the french open after an enthralling five set final in paris. a thriller in new york — india survive a scare to beat pakistan at the t20 cricket world cup and back to winning ways — world champion max verstappen comes out on top at a dramatic canadian grand prix. welcome along, thank you forjoining us. we start with a history making win for carlos alcaraz, the new french open champion, who at the age of 21 is the youngest man to win grand slams on all three surfaces after he beat alexander zverev in a gripping five set final at roland garos. alcaraz, bottom of your screen, who's previously won the us open and wimbledon took the opening set playing the better tennin, but zverev, hoping to win his first grand slam title won the next two and looked on course for victory only for the spanish third seed, to find another gear. he only lost three games in the final two sets as he fulfilled what he called his childhood dream and emulated one of his heroes and compatriot rafael nadal. winning a grand slam is always special. winning your first. every grand slam. it was super special. but in roland garros, now with all of the spanish players who have won this tournament and to be able to put my name on that list is something unbelievable — something unbelievable — something that i dream about being in this position since i

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