Transcripts For BBCNEWS Verified 20240703 : vimarsana.com

Transcripts For BBCNEWS Verified 20240703

Its more than 100 years old and has been successful in treating diabetes. Now they have struck on to this, it has suddenly taken a whole other dimension to it and it is now by far the most valuable company in denmark and europe and also something that is setting a big mark on the danish economy, without it we would have no proof at all. Now we have pretty robust gdp growth compared to peers. So, its a big business. Big compared to peers. So, its a big business. � , ,. , compared to peers. So, its a big business. , h. , business. Big business and success sto , business. Big business and success story. Great business. Big business and success story. Great news business. Big business and success story, great news for business. Big business and success story, great news for the business. Big business and success story, great news for the danish i story, great news for the danish economy. We should remember its a private firm and the government is not yet prepared to step in to help boost production. We know, such as its success, there has been production shortages. Yeah, its one of those things production shortages. Yeah, its one of those things where production shortages. Yeah, its one of those things where it production shortages. Yeah, its one of those things where it does production shortages. Yeah, its one of those things where it does take i of those things where it does take time to build up the Production Capacity and its a new drug that they have and its not something you can just snap your fingers and produce vast amounts and the demand for this Product Hasjust produce vast amounts and the demand for this product has just turned out to be really, really large. I guess, because it is working so well. They are doing what they can and they are investing and building factories, not only in denmark but around other places as well. The government is very supportive of the whole industry and trying to make sure that there is Research Going on and people are educated in the right way and they are not actually building factories, thats up to the company itself. Thatsjust factories, thats up to the company itself. Thats just as well. In factories, thats up to the company itself. Thats just as well. Itself. Thats ust as well. In this case, itself. Thats ust as well. In this case. The itself. Thatsjust as well. In this case, the company itself. Thatsjust as well. In this case, the company has itself. Thatsjust as well. In this case, the company has first itself. Thats just as well. In this i case, the company has first mover advantage, doesnt it . It is getting in there early and mopping up of this current demand. There will be a lot of other firms hot on its heels, competition will be ramping up as we speak . Competition will be ramping up as we seak . , � ,. ,. ,. ,. , speak . Yes, im sure that a lot of interest going speak . Yes, im sure that a lot of interest going in, speak . Yes, im sure that a lot of interest going in, there speak . Yes, im sure that a lot of interest going in, there already i speak . Yes, im sure that a lot of interest going in, there already isj interest going in, there already is competing products as far as i understand. They are well ahead of the game and that is something that we as economists can definitely see when we look at the numbers for danish gdp, current accounts, tax income and so on. It is very visible that all this money is really flowing in very rapidly. But it should be said also that a lot of it is flowing back out because a lot of the owners, the shareholders, are living across the world and also us Danish People who are not working there, we are not feeling it so much in that sense that we are not getting paid for that but of course it is nice to see and there are some benefits. There is tax money coming in and it is helping to keep Interest Rates down in denmark because it strengthens the currency. Alanjoyce is a name that has dominated the Airline Industry down under. Now, hes set to retire early, amid controversy over how he ran the airline. The Chief Executive of the Australian Flag carrier qantas has quit two months ahead of planned, after a difficult few weeks for the company. Joyce, who has held the post for 15 years, says his departure will help the firm move ahead. Vanessa hudson will take over as qantas first female boss. 0ur International Business correspondent theo leggett explains why mrjoyce has left early. His departure has been coming and its been brought forward for very good reasons. If you look solely at the Financial Performance of qantas, then you would be justified in saying, why on earth is Mrjoyce Leaving 7 because as you say, they have just recorded a record annual profit. They steered themselves through the financial crisis. In financial terms, this is a Robust Company and throughout his tenure, mrjoyce focused on cutting costs. He focused on facing down unions, he focused on increasing profits, and hes done all of that. The problem is that a lot of this has come at the expense of qantas reputation with its staff and with consumers. And over the past couple of years, these pressures have been starting to mount up. So in the wake of the covid pandemic, when qantas was returning to service, Customer Service was seen as being very poor. There were problems with baggage handling, there were problems with cancellations. All of that has added up. On top of that, theres been a scandal over qantas selling tickets for services that allegedly at least it knew had already been cancelled. Thousands of services which had been cancelled up to a month or more even before they were booked, theyd already been cancelled. So that is being pursued by australias Competition Regulator and the airline potentially faces quite steep fines. The companys been fighting a losing legal battle for a couple of years over its decision to sack 1,700 Ground Handling workers back in 2020. It outsourced theirjobs that was supposedly done illegally. Courts in australia have agreed with that, but its gone to the high court thats still being fought. So theres all of these pressures coming together and, as i say, if it were just the Financial Performance of the company, you can look at that and say qantas has succeeded in upping shareholder returns, but thats come at a cost of high prices and poor Customer Service and that is whats letting the company down. And mrjoyce has become a focal point for this. So his successor, vanessa hudson, shes going to have to keep the finances in Good Condition as qantas faces more competition, but also rebuild bridges with staff and with passengers. Today marks the end of an era for airbnb hosts in new york city. After years of relaxed rental agreements, from today, the city council will enforce what they call local law 18. It requires Short Term Rentals like airbnbs to be registered with the city. Listings can only be made by those who actually live in the place theyre renting out and they must be present. The new rules also stipulate that people can only have two guests at a time. In practice, this means thousands of listings not adhering to the new rules would be taken off airbnbs site, and failure to comply could result in up to 5,000 in fines, per stay. The change of law has angered hosts. But advocates for new yorks tenants and communities are hopeful this could ease the citys housing shortages. Dr David Wachsmuth is Associate Professor of Urban Planning at Mcgill University in montreal. He has researched the impact of airbnb on new york extensively, and talked to me about the impact of the decision, on the city, and on the company. Right now, new york is one of the top Tourist Destinations in the world. And at least, looking back over the last decade, airbnb has been a pretty significant part of the Tourist Accommodation landscape. But the fact is that unlike a lot of lets say smaller towns, Resort Destinations that really rely on home sharing to ensure an adequate supply of Tourist Accommodations new york is not exactly hurting for hotels. So, if the change in rules results in many thousands of airbnbs being deactivated as i think most people expect it will, it is still going to amount to much more than a drop in the bucket it is still going to amount to not much more than a drop in the bucket in terms of the overall flow of visitors who come to the city every year. So thats the impact on new york, talk to me about the impact on airbnb itself. Because we know new york city, a huge generator of revenue for that firm . Thats right. If you go back about a decade ago, new york was the second or Third Largest market for airbnb alongside london and paris. But that hasnt been true for some time now and part of the reason for that is that, frankly, the city governments been at war with airbnb for the last decade, trying to find a way to enforce what they see under a long standing rules prohibiting commercial Short Term Rentals in the city. So, i think airbnb is definitely going to be hurting from the loss of business. But the days where new york was one of their most lucrative markets are actually somewhat in the past at this point. The view there on airbnb and the clampdown in new york city. Other countries and cities perhaps looking at that very closely. In other news the price of oil has revised. This is after russia and Saudi Arabia Limited output. Russias deputy Prime Minister said the voluntary cuts were to maintain stability and balance. Administrators for the uk retailer wilco have Just Announced 1332 more job cuts out of a total workforce of over 12 and a half thousand. The news comes as bn and m agrees to buy dozens of shops from the firm as talks over a bigger Rescue Deal Hang in the balance. They say they will take up to 51 of wilcos shops in a deal worth £30 million. They fell into administration in august and mid sharp losses and the shortage of cash. Around the world and across the uk. This is bbc news. Bbc news, bringing you different stories from across the uk. Meet with the litter man of leicestershire, scott gibbins. Whether its car parks, pavements or laybys, scotts there with his bags and litter picker. Im out most times early doors because i beat the traffic and all that. But on that, a couple of hours on a saturday, i do a group pick on sunday for two or three hours and a pick before the group pick. And then ill work, ill work at a big airfield and ill try and pick at least one or two bags every day there. Youre quite dedicated. Addicted, and dedicated. Absolutely love it, absolutely love it. Youve got the fresh air, exercise, a sense of achievement when you look back at what youve done and how many bags youve filled. I do it for the wildlife. So far this year, hes filled around 900 bags. That works out very roughly at three tonnes of litter. Scott, whos 55 next week, says as long as theres litter around, he cant help but pick it up. For more stories from across the uk, head to the bbc news website. Youre live with bbc news. The un Secretary General has called on the world to make africa a Renewable Energy superpower. His comments came, on the second day of the Africa Climate summit in the kenyan capital nairobi. Antonio guterres said, developing the huge potential for Renewable Energy on the african continent would bring many benefits. With adequate access to resources at reasonable cost and technological support. The renewables will boost economy to all new industries, create jobs and drive Development Including by reaching over 600 million africans living without access to power. Renewable energy could be the african miracle that we must make it happen. We must all Work Togetherfor must make it happen. We must all Work Together for africa to become a Renewable Energy superpower. Anne soy had this update from nairobi the message coming out of the inaugural Africa Climate summit is that africa can lead the world in transitioning to green energy and the kenyan president has called it green growth. The un Secretary General Antonio Gutierrez said that africa has the opportunity to do that. They have the minerals, needed to make that transition. They have the resources on the continent to do that. However, the Debt Burden Stands on the way and he called for change of course in the way the International Financial systems work. He urged for the creation of a mechanism that will allow for debt relief, that will allow countries to have longer pay terms to repay their debt and pay suspension. The president did talk about Interest Rates that african countries have to be up to five times more than the rest of the world because of the perceived risk and said that this needs to be changed to enable african countries to make that transition. They are calling this climate justice. Transition. They are calling this climatejustice. And adding transition. They are calling this climate justice. And adding to that message was the us envoy for climate and he said that the biggest polluters, the 20 biggest polluters which account for 80 of carbon emissions, which include the united states, must step up. They must meet their commitments, the commitments they have made to ensure that Global Warming is minimised. With Ukraine Making Advances in its south Eastern Region of zaporizhzhia, first lady 0lena Zelenska will host the summit of First Ladies And Gentlemen on wednesday dedicated to Mental Health. Dozens of countries are expected to participate, although the exact number and names of the guests are being kept secret for security reasons. 0lena Zelenska has been speaking to yalda hakim about the impact of the war on Mental Health in ukraine and within her own family. Translation for me, such stimuli are work, including translation for me, such stimuli are work, including our translation for me, such stimuli are work, including our interview, i are work, including our interview, because when you have a reason to wake up and go to work it doesnt give you a chance to stop and think, why this is happening to us . And im very much supported by Inspiring Stories of every day because in every tragedy, there is a story of saving, help, heroism and it inspires me a lot. I am holding on due to that and so are, i think, most of my colleagues and friends. How do you deal with other strains on yourfamily . For your how do you deal with other strains on yourfamily . Foryour example, on your family . For your example, husband on yourfamily . Foryour example, husband being compared to winston churchill, how do you respond to that . Translation well, it depends. On the way you would like to look at winston churchill. Of course, he is the historical figure. I did not dream about my husband becoming an historic person. Maybe its selfish, but i need my husband, not a historicalfigure beside me. But, on the other hand, if it is about a leader who led his country through the difficulties of war, if that kind of comparison would be accurate, id love it. He really does has the energy, the willpower, the inspiration and stubbornness to go through this war so we finally see our long awaited victory. I believe in him. And i support him. I know that he has enough strength. For any other person i know, i think it would be much harder to handle this situation. He really is a very strong and resilient person and this resilience is what we all need right now. The great wall of china was built, so it is said, to protect chinas borders and keep invaders out. But it seems its no match for modern machinery. Take a look at this a road has been carved out through the ancient barrier, allegedly by two Construction Workers using an excavator. Their reason they wanted to create a short cut. With the story heres our beijing correspondent stephen mcdonell. The machinary tracks were the giveaway and you can imagine the scene, the police have arrived, theres The Great Wall Of China and theres a huge hole in it, and they simply followed this trial down, down, down, down, to where there are a couple trail down, down, down, down, to where there are a couple of people sitting next to an excavator. Apparently, we are told according to state media, they questioned a man and a woman who admitted they had punched a hole through chinas most famous historical structure in order to create a short cut for them in the future to get from point a to point b, presumably they live nearby the great wall. This will seem shocking to people across the world but to explain a little bit what its like The Gre

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