Transcripts For BBCNEWS World Business Report 20170208

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and world business report. weighing the arguments — a federal appeals court hears the case for and against president trump's controversial travel ban — we talk you through what's at stake. and share markets in india soar on the hopes its central bank will cut interest rates to revive the economy — but will it deliver. we'll be live in mumbai for the latest. welcome to world business report. i'm sally bundock. also in the programme. growing a new crop? the farmers who put solar panels in their fields. all will be explained. but first: we start with president trump's travel ban which has faced its toughest test yet. a panel of appeals courtjudges hammered away at the government's arguments that the ban was motivated by terrorism fears. but they also asked pointed questions over claims it targeted muslims. the hearing was conducted by phone — an unusual step — and while no verdict was announced a spokesman for the court said it's likely to come later this week. whatever the court eventually decides, either side could ask the supreme court to intervene which almost certainly means more delay and confusion for millions of people around the world and also for some of the united states‘ biggest businesses. president trump has been trying to temporarily ban people entering the us from seven countries. he says "this is about terror and keeping our country safe" while a stricter vetting system is put in place. but there have been widespread protests against the ban — 127 companies including the likes of apple, google, microsoft, tesla and levi strauss have all filed court submissions in support of the ban being overturned. in those documents they argued "multinational companies will have strong incentives. in those documents they argued "multinational companies will have strong incentives. to base operations outside the united states" at the moment many of these companies use the h—1b visa programme which grants entry to 85,000 skilled foreigners a year and relied on in the tech industry. there are approximately three applications for every visa that's granted. with me is marianna fotaki, professor of business ethics at warwick business school. give us your take on how damaging this process is, given we have still —— to have no conclusion. this process is, given we have still -- to have no conclusion. many people will agree that this ban is cool as —— and in sensitive. —— crawl. banning people from entire countries. those people are seen as a suspect of terror without any evidence being brought. that is unjustified that is perhaps cruel. people from those countries are really quite poor people and they have been affected by ill and defies us foreign policy. that is the ethical grounds. dubious ethics means dubious business in many cases. what are the potential impact? in the short term, the ban is just impact? in the short term, the ban isjust came impact? in the short term, the ban is just came as an executive order without clear guidelines, who should it include. in the beginning, people who were residents were also affected and then that was overturned. really, the airport workers are actually left to decide who they should actually stop from entering the country and in many cases, this means separating families, as we have seen. that is the short term. more importantly, if this ban continues, it will affect the image of the us and notjust the image but business thrives on diversity. diversity —— innovation thrives on diversity as well. us is very successful because it has been conceived as an open, fair and... sorry, i don't want to interrupt you but i just have sorry, i don't want to interrupt you but ijust have to say, from the point of view of the consumers of these companies around the world and these companies around the world and the companies themselves, if they put out an application for new workers, obviously this temporary ban is the suspended at the moment so ban is the suspended at the moment so it is not in place right now, but evenif so it is not in place right now, but even if it was put back in place, the think it will hinder people coming to the us to work —— to work in the us in the future? people who have choices will think twice to make us there are home. even though the bosses of these companies are very pro—diversity and from different parts of the world to themselves. indeed. that is why there has been this reaction. that is why i would suggest that they use considerable means to fight this order in the court of law. all right, thank you the —— for your perspective. when we get any news of any decision in the us, we will fill you in. india's central bank meets to review its monetary policy later today. it's the first meeting since the government announced its latest budget, and second after the controversial move to ban cash. let's cross live to mumbai and speak to our business reporter sameer hashmi. nice to see you. lots of people are hoping there will be a cut in interest rates. will they deliver? it isa interest rates. will they deliver? it is a close one. you look at all the polls that have been done in the last few days. most economists feel that india's central bank will go ahead with the rate cut. because inflation has slowed down, it is a primary concern and also the cash ban which came into place 3.5 months ago, the dust has started to special. —— settles. it has made clearer what is to come in the coming months. there is also a school of thought that given that there is so much cash in the system after the rupee ban because everybody had to deposit their money back into the banks, banks have ready started cutting rates. rates are already down. it's really not going to have any major impact. if they cut rates in the future. we will know the ants in 3.5 hours whether they will cut rates not. —— answer. speak to you soon. after relying on nuclear power for decades, taiwan will stop using it completely by 2025. so the government is ramping up the use of green — or renewable — energy, by installing wind turbines and converting damaged or unused farmland into solar farms. cindy sui reports from southern taiwan where farmers are cultivating solar energy instead of crops. these fields are helping taiwan to produce modern renewable energy. the soil is damaged and most crops no longer top — here. now farmers are helping produce something else instead. they earn money by a leasing their land to solar energy companies and taking care of the panels. translation: i never an imagined our ancestors land would be used in this way. this is one of hundreds of local farmers whose land is getting a new lease on life. there are projects like this throughout taiwan. wherever they can, the central and local governments are trying to find low quality or unused land and turn them into solar energy farms. solar panels have also been placed on landmark bill dixon including best aquarium, this stadium and even this prison. —— buildings. it is part of the planned to do away with an renewable energy which currently produces 40% of taiwan's energy. that includes scrapping this newly built nuclear power pant is for it opens —— power plant, before it opens. taiwan also needs more wind turbines and natural gas plants. the government wants green energy to eventually produce a fifth of the island's electricity. although green energy is ticking over in a complete end to farming. a complete end to farming. underneath the solar panels, we grow mushrooms. the electricity we generate is clean energy. it is good with —— generate is clean energy. it is good with -- it generate is clean energy. it is good with —— it is good for taiwan's energy and good for the world. in other news: after a strong surge on tuesday, bombay is taking a pause right now plans to treat more patients in the community in england are not easing nhs pressures or saving money, according to a report. the national audit office says the government has been over—optimistic about what integrating health and social care budgets can achieve. robert piggott has more. when residents of this care home in sutton have to go to hospital, an innovative scheme helps cut their sta ke to innovative scheme helps cut their stake to a minimum. their medical and personal details go with them in distinctive red bag so doctors and nurses can make faster and more effective clinical decisions. it's been a great asset for us and we are able to pass the information on with able to pass the information on with a guarantee that it is going from ambulance to amd to the ward. ——a and e. we have been able to choose the time by four days which is massive when you think about how stretched the system is at the moment. the nationalaudit stretched the system is at the moment. the national audit office says the spending of £5 billion on integrating help —— health and social care has not given value for money. starting in 2014—15, the scheme aimed to reduce an emergency admissions to hospital by more than 100,000. in 2015-16, admissions to hospital by more than 100,000. in 2015—16, admissions actually went up by 80 7000. over the same period, the project was supposed to reduce the number of days lost by people stayed in hospital to just days lost by people stayed in hospital tojust under days lost by people stayed in hospital to just under 300,000 but they had increased. there are long—term solutions needed rather than short—term solutions. long—term solutions needed rather than short-term solutions. what is it that is stopping debates being available even when there is some money being thrown at them, at least in the short term. the government says it is too soon to judge the impact of the funding. you are watching bbc world news. these are our top stories. government lawyers have been fighting to reinstate president trump's travel ban in an appeals court. the court — in san francisco — has been hearing arguments about who has the right to challenge the ban and why it needs to be introduced so urgently. romania's government will face a motion of no confidence in parliament later after a week of mass protests forced it to scrap a decree decriminalising some forms of corruption. the social democrats won a resounding election victoryjust two months ago more than a thousand troops are patrolling the streets of the brazilian city of vitoria after a violent crime wave that erupted after local police began a strike on saturday. about 70 people are reported to have been killed. but show - the daily warns there is a looming the eu warns there is a looming crisis which threatens the sustainability of the entire eurozone. the imf warns that greece's deaths are on an explosive path. despite years of austerity. the times reports on the russian opposition member who has been admitted to hospital for a second timea admitted to hospital for a second time a cute poisoning by an undetermined substance. he is currently in a coma and on life support in a moscow hospital. the international new york times looks at somalia where presidential elections are taking place today. some observers say however the election is turning out to be a "milestone of corruption" and one of the most fraudulent political events in the country's history. transparency international says somalia is the most corrupt country on the planet. the telegraph business pages take a look at oil giant shell which to start decommissioning oil rigs in the north sea. the company say dismantling the huge structures could lead to the creation of hundreds ofjobs and finally barack 0bama has been enjoying his new found freedom by kite surfing with the virgin boss richard bra nson in the british virgin islands. the pair were competing to see who could surf for longer — a challenge which the 44th president of the united states won. fantastic to see. joining us is amrita sen who's an oil analyst at energy aspects good morning. what is your take on greece? when i saw your news

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