Transcripts for BBC Radio 4 FM BBC Radio 4 FM 20191212 06000

Transcripts for BBC Radio 4 FM BBC Radio 4 FM 20191212 060000

Weinstein of old India has moved thousands of troops into the northeastern state of Assam to quell protests against the country's new citizenship bill demonstrators say their identity is threatened because the new law would grant citizenship to illegal immigrants from Afghanistan Pakistan and Bangladesh which borders the bill does not apply to Muslims which critics say is discriminatory the ruling b j p party says it will give sanctuary to people fleeing religious persecution about $200.00 protesters were ejected from the un climate talks in Madrid yesterday and the growing anger at the slow pace of negotiations other observers were then stopped from going in Environment Correspondent Matt MacGraw reports from Madrid just a few hours after gratitude Berg brought the youth activism to the un stage young campaigners were forcibly removed from the talks after staging a noisy sit down protest in the conference center security guards also removed their badges to prevent any possibility of their return for the duration of the talks actions like this are symptomatic of a conference that struggling to deliver on expectations every country that signed the Paris Agreement has promised to put a new improved climate plan on the table by the end of next year but the un says that to date less than half have agreed to do this. The botanists and broadcaster David Bellamy has died at the age of 86 his love of nature sticks style and did him to viewers but in later life he was criticized for dismissing the idea of manmade climate change as poppycock Thanks Chris it is 6 minutes past 6 time for the weather over to Sarah Lucas at the b.b.c. Weather Center good morning good morning to you Simon the unsettled theme to the weather continues not just today but also tomorrow land into the weekend as well so we've got some often quite wet and windy weather on the card certainly for the next few days now today I'll start off in the East where we've got clear skies 1st things that southeast England eastern England the East Midlands and northeast England here it's a cold start with temperatures for many below freezing so certainly some frost on the old icy patch to watch out for as well should stay dry but cloud over through this morning but there will be rain sweeping across the region the softer nane some of that rain falling asleep in snow over the Pentagon's But Sunny rain at low levels quite a chilly day temperatures just 3 to 8 degrees intending windy later on today for the West as the southwest of England the West Midlands Wales northwest England and Northern Ireland here you start the day under a lot of cloud with outbreaks of rain already from the word guy that rain will push its way eastwards 3 today so it'll become fairly patchy later on the south to new and sunny spells and scattered showers with the odd rumble of thunder as well and temperatures around 7 to 11 degrees lastly the weather across Scotland today well the southern half of Scotland remains quite cloudy through the day and that be a little bit of patchy rain some snow over the high ground at times too but that should fade away later on the northern half of Scotland sees a day of sunny spells and scattered wintry showers frequence no showers across the Northern Alliance today and temperatures around 3 or 4 degrees Sara thank you very much the time is 8 minutes past 6 let's have a look at today put today's papers and The Times reports on an internal analysis by America's Federal Aviation Administration. Disclose yesterday by investigators looking into the Boeing 737 Max crashes. That happened and it says that America's aviation watched all the allowed that plane to continue flying after the 1st deadly crash despite concluding that it would suffer a fatal accident every 2 to 3 years it found that the Boeing 737 jet would crash more of the lifespan of the fleet than earlier 737 models the analysis has been disclosed as part of the House of Representatives committee investigation into the crashes that took place 1st the line in Tunis Air crash that happened and then the one that took place from a plane that belonged to Ethiopian Airlines Boeing has said that its actions after the Lion Air crash were fully consistent with f.a.a. Procedures and its own safety assessments the Financial Times carries a story there after the long awaited offering of shares in Saudi Aramco the state owned oil company happened the other day and they were shares went up 10 percent on debut valuing the company at $1.00 trillion dollars That makes the most valuable company in the world they only sold one and a half percent they sold on the Rio Stock Exchange there are thoughts that they will list else where they've always been very secretive about opening the books and thought that very a lot of very wealthy Saudi Investors were encouraged shall we say to get behind the stress out and for anyone who believes that if you have shaken a can of fizzy drink and then by tapping the top of it you stop the contents shooting out when you open it it's not true this is according to researchers from the University of Southern Denmark who have found that the strategy does not work the idea is that flicking the can dislodge is Bubbles stuck to its sides so they move to the surface and have had time to settle down before you pull the ring but apparently the scientists you tried on more than a 1000 cans found that those which had been taps lost about the same amount of beer . In this case as those which were not near it I never believed that you wrote it we don't need the scientists to debunk you because you know it already there Posix the International Court of Justice will hear final arguments today in the case brought against me on mall for alleged genocide Nick they call me and my correspondent joins us now from The Hague where the case is being heard what we hear again from monks on Suchi today Nic. Morning Michelle I think we will I mean this is unprecedented a head of state arriving to defend her country in this way the assumption is as the so-called agent of me on March she will be the one reporting some of the arguments made by the legal team on behalf of the Gambia 2 days ago so I think we can expect more of the same that is to say a defiant performance and if we look at what she said yesterday she said the world was simply wrong to say this was genocide allege that this is genocide she characterized what had been happening in Iraq and stated in an internal struggle she admitted there have been some deaths over hinges without of course using the words the hands of the Myanmar army but she said Myanmar could be trusted to investigate what had happened and she asked a series of rhetorical questions you know how can it be genocide if this is a state investigating alleged wrongdoing How can this be genocide if this is a government trying to build a harmonious future inclusive of all race in all religions the problem Ashar was at the very moment she was speaking back home in Myanmar 93 ranges including 23 children were appearing in court accused of travelling illegally and that's being described as a sort of a plight they're in they're living in apartheid like conditions so the reality between what was happening back home in Myanmar and what Aung San Suu Kyi She was describing I think was jarring for many and one sed the this part of the case closes in these final arguments have been made what happens and how long that the judge is likely to take to reach that conclusion. We don't know exactly I mean they're being asked to issue something called one emergency order in effect now that sounds like the timeframe is pretty pressing I think in reality it may be weeks whether or not we see it this side of the New Year is unclear but certainly you know magine by January they would have looked at the evidence of the past 3 days and decide whether or not the Rangers still living in Myanmar some 600000 still face an ongoing risk of genocide now if the 17 judges judges that the International Court of Justice believe that's the case believe that this is a plausible argument that is the threshold at the moment they can issue some sort of ruling against me on Maher to try and protect the ranger from further harm the problem Michel is that there is no way of enforcing this ruling there is no international police force to come in and monitor what Myanmar is doing but it would I think at this point after each has traveled to the Hague to trying to fire a ruling if it went against them I think that would make things extremely difficult for next week thanks very much. 8 people are known to have been killed when New Zealand's white Highland volcano erupted another 9 or missing presumed dead the chance of a further eruption and toxic gases were safe are being given as reasons that attempts to recover their bodies have not gone ahead much to the frustration of him and his brother Hayden Marshall Inman died in the disaster and his body is still there there's been too perfect opportunity to get out there and make them go on red tape records the latest as filed we were trusting the experts that want to do my thing calls Bisons to 6 when you've got to Paul it's and a bunch of volunteers and guys they all and every single day you know they all and start out saying let's go it's good let's get it done well New Zealand's prime minister just and I once again assisted recovery effort was a top priority I can only make him more famous and healing now is more emotion around that. If you find scientists and as police continue to we are in a recovery maybe we want to see the spirit to keep those victims back and so I know it will bring I made it a place out awfully hard to stay on and that we have. Our correspondent joins us from New Zealand you heard the frustration of a family member is that a feeling widely shared the authorities are being too cautious. Oh absolutely Simon we are at a press conference right now and we're expecting the deputy police chief to be speaking to us at any moment with updates but absolutely that frustration that you heard from Mark Inman is echoed everywhere here and remember this area is a very familiar area to people this is an area especially with the island that don't many people have come and gone and many are saying that the police and the authorities are just too slow getting in remember the bodies have been there since Monday have been in heat and ash and there is a big worry about the state of the bodies about decomposition and the police is specially are under increasing pressure to be seen to be doing something so far they've said it's too dangerous especially with the volcanic activity that's happening on the island but we are expecting them in in the next few minutes to tell us that maybe there is a plan for them to go and recover the bodies sooner than we think and meanwhile 3 people will have died from injuries since the blast and there are some horrific injuries where looking at what's the latest on the condition of those who've been injured. Again most of the people who are in the hospital are severely injured the burn all the born units around the country are asking for extra skin for grafts we've heard today from medical staff in fact they have been speaking for the 1st time they're the ones who received those who came off the island 1st before they went into different hospitals and you could see how distressed they were and you could see how emotional they were one of the doctors said that what we saw. Beyond comprehension it was so surreal and it was take us a while to recover from what we saw So just to show you the extent of these injuries but really or eyes now are on that live volcano are how unstable it is and if at all it will be possible for rescuers to go in and recover those bodies from New Zealand thank you very much indeed 16 minutes past 6 the new head of the European Central Bank Christine Legarde makes her 1st policy announcements today what can we expect over to Dom for this morning's Business News Good morning Michele Yes Christine Legarde was of course the chair and managing director of the International Monetary Fund she's now boss of the c b haven't replaced Super Mario Mario Draghi she change what the e.c.b. Does and the way it works later on we'll be talking about Boeing's continuing struggle to return the 73 max to commercial service and some pretty amazing revelations that an official inquiry into the affair and next what to expect when 2 in a car to update the market this morning but 1st Christine the guard and her 1st meeting Siri human as Europe economist for Standard Chartered just at the same what what sort of stance from the e.c.b. Has she accepted what did Mr druggy leave her to be getting on with as it were well he left a very big welcoming present which was a huge package of measures in September a cut rate rates they restarted quantitative easing they made it more attractive for banks to lend to companies and say you made a very strong commitment to keep interest rates low for a long time so to a certain extent you may be able to just sort of sit back and not do very much at all and that kind of has been the story of the of the whole Mario Draghi rain has it maybe not entirely but he was he was known as the central banker who would in his own words do whatever it takes to revive Europe's economy she inherits that kind of mental as well that sort of super super person thought mental Yes Under Mayor drug policy was very proactive so he always over delivered and he did whatever it takes so he has left the. On a me in a you know reasonable situation the economy of Europe is growing at a rosary low pace but it is at least growing inflation is the problem inflation is far too low and that's a cause of frustration and concern still among policymakers we don't do we have any indications at all yet as to with Christine Lagarde will continue in that vein or do something different or is that what today really is all about to a certain extent this is what today's is all about waiting to see what her proposals are for the medium and long term the e.c.b. Is planning its 1st review since 2003 and they will look at quite fundamental issues what sort of inflation target should they have how should they sort of money policies should they proceed with there's been a lot of criticism from some policymakers about holding interest rates negative for such a long time and some criticism about quantitative easing a question about is it actually effective you've still got inflation very low well below the target so all of these issues are really up for grabs and the sorts of things that are going to be discussed by there's also that kind of minute or of the job and learning to speak as a central banker speaks when she was boss of the Army if she was known for being quite direct quite plain spoken that doesn't always work with central bankers does appear he's whose every utterance tends to get poured over by the markets for a little nuance here she's going to have to be a bit more boring yes central bankers everywhere every single word can move markets so they do have to be quite careful and we have had examples in the past where in the early days or a new central bank can speak slightly out of turn and there is a big market reaction so generally central bankers you know become more. The millionaire with how the markets are going to respond to what they say they have to be careful and there's an additional factor of course which is that Christine the guard's background is as a lawyer not an economist she may draw more on the support of the chief economist at the European Central Bank Philip Lane and we might see a slight change in the way that these press conferences are run as so that she can have the sort of experts sitting at a long side to you know contribute to the discussion as well big day for Christina God thank you very much Sarah Hughes from Standard Chartered one must guess this morning a shanty Kalman whose investment traitor Brown Shipley. We should start off in Saudi Arabia where Saudi Aramco which is the national oil company made its debut on the Stock Exchange the local stock exchange there was a big debate about what this very way should it was going to be 2 trillion dollars not 2 trillion dollars in the end the shares went up 10 percent which is as much as are now to travel in a single day on their 1st day of trading so I think they'll be quite happy with that one yes they should be happy with it overall that puts the valuation at 1900000000 although they only have really trillion trillion and we're just so that makes the world's largest company we're What's the next one down if you go on the world's largest companies buy stock market value so stock market value would be Apple but there are a lot of huge companies that aren't listed So for example is also the Chinese state oil company which you know isn't listed as prominent in the Russia Yeah so it's but I think the thing with the Saudi listing it's a very narrow investor base they they weren't able to get investments from major financial institutions in the u.s. In Europe because a lot of people looked at and said Do we really trust the corporate governments do we believe that you know the Saudi government will treat us as equals when they own you know so much of it relevant Vell of relative to what we do. And a lot of them just said we're not going to be involved so the people have been buying the shares in which are driven the share price obviously. Largely Saudi locals wealthy Saudi individuals Yes and there was an effort by the government to encourage locals to buy they had things such as saying well we'll lend you money if you want to do retail share prices they had billboards advertising it you know they said if you're if you're wealthy Please support the state and invest it in see how it goes on the 2nd day today and let's talk about 2 e. Which is a travel company German and English as well as good listing in both stock markets it comes to food in the us today is all about response to the collapse of Thomas Cook Do they want to try to move into the take this Thomas Cook customers or is it actually about tough times in the package old industry I think that industry is is going to have a difficult time and for them they've cut it to say we're going to pay out about 30 to 40 percent of earnings which is still a pretty high percentage they've gotten some boost from Thomas Cook collapsing but they also still have competitors like jet 2 and on the beach should have also picked up a lot of market share and then they also have their one of the biggest users of the 737 magnum mains from Boeing So they're worried about if those planes don't come back on line they won't have the capacity to deliver a lot of the summer holidays they've sold next year they said that could be a hit of maybe 400000000 more on the 737 Max in a minute but just quickly touch on a set of results which is coming today from super dry I think there's been a great interest because Julian Duncan who was the founder of super dry has come back with a boardroom battle he won and he's back in charge and I think a lot of people we watching very closely to see what his 1st 2nd results back in the hot seat bring Yeah absolutely and you know does not perhaps not very much he could do he hasn't had that much time yet the entire retail industry and clothing is is struggling at the moment but at least see what his plans are what they've done on margins revenues and the like thank you very much Shanta cameraman from Brown Shipley now in the United States House of Representatives has been an inquiry into the Boeing 737 Mexico here just to recap to recap the ba 2 crashes killing 346 people the planes being grounded soon. March was quite a revelation on the 1st day of the hearing the f.a.a. B.m. America's aviation safety regulator conducted its own analysis after the

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