let s start in rome. this weekend, the city will play host to the 620, the international forum which brings together the words major economies. key to 6lasgow s climate talks next week will be the temperature between leaders in rome this weekend. they took a green game but when you delve deeper, out of the $1.8 trillion that has been earmarked for recovery spending by these countries, just 16% is going to go on green projects. joining me now is the manager of the climate solutions fund at mn6 investments. very good to see you. the 16% even touch the edges? you. the 16% even touch the edaes? ., , edges? no, the new energy survey has edges? no, the new energy survey has indicated - edges? no, the new energy survey has indicated we re l survey has indicated we re going to require somewhere between 92 and $173 trillion to between 92 and $173 trillion to be spent before 2050 if we re going to hit net zero goals but it is a start and i think leaders getting together, discussing i
the pandemic, the two most significant economic concerns are about growth and unemployment. i spoke with yanuar nugroho in singapore, he was also the deputy chief of staff to the president of indonesia previously. iasked him about the challenges indonesia is facing. we are trapped in this middle income we are trapped in this middle income trap for 17 years and there income trap for17 years and there is income trap for 17 years and there is no sign when you can -et there is no sign when you can get up there is no sign when you can get up i there is no sign when you can get up. i think this is the most get up. i think this is the most challenging problem we have most challenging problem we have at most challenging problem we have at the moment. i think would have at the moment. i think would make growth if we want to escape would make growth if we want to escape this middle income trap. so whoever becomes the next president will face this challenge of moving i
divided on the bill and previously voted it down. the bill now heads to the republican controlled house of representatives, where its fate remains unknown. presidentjoe biden urged the speaker of the house, mikejohnson to allow the foreign aid package to be put to a vote. early this morning, the united states senate voted overwhelmingly by a margin of 70 to 29 to move forward with the bipartisan national security bill. now, now it moves to the house. i urge speakerjohnson to bring it to the floor immediately. immediately. there is no question, if the senate bill was put on the floor in the house of representatives, it would pass. it will pass. the speaker knows that. so i call on the speaker to let the full house speak its mind and not allow a minority of extreme voices in the house block this bill even from being voted on. our north america correspondent nomia iqbal explains just how significant this moment is, with the bill passing the democratic controlled senate by 70 to
up more to come. there is more coming up from me after we catch up with all the business use. live to rico hizon and asia business report. a huge cyber attack which started in the ukraine is heading around the world. indonesia survived asian financial turmoil 20 years ago, but is it in danger of repeating its past? good morning asia. hello world. it is a wednesday. glad you could join us for asia business report. i m rico hizon. we start the programme with another global cyber attack, which we discussed newsday. computer systems in ukraine, russia, the netherlands, france, and the uk and denmark have all been affected. when a computer is hit, users are told their files have been encrypted, and they will have two pay to get them back. here is more from our north american reporter, dave lee. we just from our north american reporter, dave lee. wejust had from our north american reporter, dave lee. we just had the wannacry attack. and many lessons were there to be learnt. many of