tv The Briefing BBC News January 7, 2020 5:45am-6:00am GMT
it now wants to see its pork substitute, launched in las vegas, break into china. jane foley from rabobank joins me now. combat, let's start with the story in the arab news. they are clearly extremely worried as is much of the world, about the fallout from this. absolutely, they are worried about what could happen in their region stopping this article doesn't make mention of the fact that around backed houthi militias have previously targeted saudi civilians. civilians have also been warned about the impact of us energy installations, could also be targeted. one thing they did think was quite interesting within the context of this article is a reference to general qasem soleimani asa reference to general qasem soleimani as a warlord. clearly the positioning of this article is quite
clear. they also talk about the fact that saudi's deputy foreign minister has arrived in the us for talks with the us secretary of state. we know that the two countries are closely aligned, do work closely together, so one aligned, do work closely together, so one wonders aligned, do work closely together, so one wonders now aligned, do work closely together, so one wonders now whether they will bring pressure to bear, if anybody can, on president trump to rain and some of his rhetoric. there has been a lot of pressure from various officials in the region and perhaps around the world for trump to lower the tone, perhaps to be more conciliatory particularly with iraq, and it is quite likely that those of the sorts of conversations that we will hear from the sorts of conversations that we will hearfrom saudi the sorts of conversations that we will hear from saudi today. clearly it is very difficult to anticipate how this is going to go and the next few days and the next few weeks, but there is quite a significant amount of rhetoric out there saying that neither the us or iran does want
war, we do need deescalation and probably from europe as well there will be continued pressure on trump for deescalation of these tensions. and we see the fallout from this crisis in the gulf news with the headline global investors grapple with the us— iran fallout risk. tell us with the us— iran fallout risk. tell us how the markets are trying to factor this in now, this geopolitical crisis. the markets of course take bets. when we first heard the news, we had the traditional response, which would be quality. all prices surged above $70 a barrel. and we saw gold also moving higher, but if we look at the market's reaction perhaps at the late session yesterday in the us, over the asian hours this morning, we we re over the asian hours this morning, we were seeing over the asian hours this morning, we were seeing some over the asian hours this morning, we were seeing some tension reduce, so we were seeing some tension reduce, so oil off its highs, gold off its highs, the market taking the bet that perhaps they really want a more. it is also the knock-on effect
that it has on things like pensions. when you say most of us aren't investors, but probably most of us are, because most people who go to work to have a pension fund and therefore they are investors. a huge amount of people are involved in this, even though perhaps not consciously, and the value of markets therefore has an enormous effect, and on market confidence and investor confidence, and therefore on economic confidence, so clearly if the tensions were to increase, it could potentially have a knock—on effect, a detrimental effect on growth. do you feel the markets are seeing this as a strategic game change? it could certainly be. it's a bit ofa change? it could certainly be. it's a bit of a shock when we had this news, and if it were to persist, it would certainly be a strategic game changer. if we have confidence had
for prolonged periods of time, you would be potentially looking at more concerns about growth and therefore more speculation that banks would have to cut interest rates, so it could be a game changer, but again it very much depends on how this pans out over the next few days and weeks. the times has a bigger piece in their business section of gold hitting a near seven—year high. tell us hitting a near seven—year high. tell us about why this is seen as such a safe haven. over the last 30 years gold has had a very difficult relationship with the term safe haven. if you go back hundreds or thousands of years it has traditionally been a safe haven but in the last 30 years many investors say, why do we need to buy gold? why would i do that when they have to pay storage costs, insurance, when actually you could buy some government debt, government bonds in the us. but actually last year it is quite interesting because a very
strong proportion of what we call fixed income assets which are bonds became negative yielding and because of that gold became more interesting for investors. let's see if that continues stopping let's move away from the middle east and talk about tech, because the eu are proposing new rules of digital service law, but there is some resistance not surprisingly from big tech companies. there is, and probably this story will run for years. the eu's digital services act, the new rules will probably propose that companies are legally liable for the illegal content. and the lobbying group and google, saying if you do that, if you make us personally liable, and this could be some executive, then actually you have
created a disincentive for us to creep proactive to uncover the illegal content. they are saying yes, we do need of course to have some accountability but not necessarily personal accountability. but it is quite clear that these arguments could run, they have been running for a while. for years they have been trying to discuss this. meanwhile, the debate rages on about more regulation, but one imagines the lobbyist are extremely powerful on this. they certainly have a lot of money behind them so from that position, yes they will be powerful. where do you think this will go? will there be a sorting out of this in the immediate future or is it going to be something that drags on and the big tech companies just grow in their power and strength and are able to resist it even more?” in their power and strength and are able to resist it even more? i would hope that there would be some degree of compromise. clearly the hate stuff, the child sexual content, has
shocked everybody and everybody knows that there needs to be some degree of regulation, but it is very difficult to imagine that this is going to be done quickly. let's talk about this story has. this is coming out of las vegas and that ces expo, and the unveiling launch of this plant—based and the unveiling launch of this pla nt—based pork substitute and the unveiling launch of this plant—based pork substitute by one of the leading alternative meat producers called impossible foods, and they are really hoping to take a big portion of the pork market, and pork is the most widely consumed meat in the world. it is indeed and within china it is enormous. there isa within china it is enormous. there is a huge consumer demand for pork, and that was hit over the course of last year by swine flu which decimated huge herds of pigs in china, but it's more than that. this is to do with climate change, this is to do with climate change, this is to do with climate change, this is to do with demographic change. animals increasingly in the spotlight for creating a lot of co2
emissions, and also the cost of feeding an animal. environmentally it would be a lot cheaper and more efficient to grow the crops and use that to feed humans, rather than go through the animal life—cycle as well. this is a story which isn't going to go away. i've recently saw a company in israel that were 3d printing steaks out of plant—based content. that this is something that is really expanding but the interesting part of one is that they are not going to be doing sausages, which beyond meat are already doing, but they are also going to be doing aim men's cute which could be more widely incorporated. and the fact that burger king are launching the impossible sausage next week in the us in 67 of the restaurants, it shows, i'd imagine if it catches on and a method of global change, that is going to be a test case. absolutely, there is certainly
demand but with demographic change, with the population of africa and asia bound to grow, we know it is going to grow very significantly, the cost of meat will be rising significantly which means for many of us, there will be no choice really a pa rt of us, there will be no choice really apart from to use plant—based substitutes. having tried any of these? i haven't, which is where because i don't actually like meat. i thought i would be number one on the list but i haven't yet. i'd definitely want to move more towards plant—based definitely want to move more towards pla nt—based stuff so definitely want to move more towards plant—based stuff so i will need to give these products a go. i don't know if my kids will be into it though. thank you so much for taking us though. thank you so much for taking us through the papers and for being with us. stay with us here on bbc news, so much more to come. we will have more coverage of that funeral of qasem soleimani as well.
hello. we've got multiple areas of low pressure to deal with across the uk in the coming days. monday's rain has cleared away, but waiting in the wings is our next system pushing in from off the atlantic, this one likely to bring some disruption across parts of scotland and northern england, given the strength of the wind and also some heavy rain. that's only part of the story, though, because we are also pulling up some very mild air. temperatures quite widely in the mid—teens, maybe even higher to the east of higher ground. but it's the strength of the wind that we're concerned about through tuesday. severe gales across scotland and northern england, we have a met office yellow warning in place, some disruption is possible. and with the wind also comes some heavy rain, particularly across scotland, likely to linger through much of the day. easing from northern ireland through the afternoon, some of that rain getting into northern england, north wales, maybe into south—west england through the afternoon. further south and east, things stay mainly dry if rather cloudy. a few brighter skies
through the eastern side of england through the morning. but some very windy conditions through tuesday, particularly across scotland, gusts 60—70mph, maybe 75 for some northern and western coasts, but very mild, particularly to the east of higher ground. strong and gusty winds across northern england and north wales too, 30—a0mph gusts across much of central southern england and into wales, the strongest winds really are across northern england and scotland, but likely to bring some disruption. as we go through tuesday evening, we keep those strong winds across scotland, starting to ease further south, we have got a band of cloud and rain just sliding its way southwards across england and wales, that rain becoming increasingly patchy. but wintry showers starting to develop across scotland and quite a range in temperature come first thing wednesday morning. very mild across central southern england and wales, but turning much colder further north. there's still some strong winds across scotland as we go into wednesday, keeping an eye on this system here, pushing some rain into south—west england later in the day on wednesday. but most of us will see some sunshine around on wednesday. legacy of cloud clearing from southern england through wednesday morning, wintry showers piling into scotland, and then through wednesday afternoon we start to see cloud and rain starting to nudge into wales
and south—west england. still in some fairly mild air across central southern england and into wales, double figures here, but much colder further north again with those wintry showers across scotland. thursday is a very messy day, most of us will see some spells of rain, still some wintry showers across scotland. that will ease away and briefly on friday, this ridge of high pressure building, bringing quieter, drier days. so for the end of the week, further rain, particularly on thursday, the winds easing, then drier and colder on friday.
good morning, welcome to breakfast with louise minchin and dan walker. our headlines today: a british teenager, convicted of lying about being raped by a group of israeli men in cyprus, is due to be sentenced shortly. we'll be live from the island with reaction. we'll have the latest from iran as the country's top military officer is buried after his assasination by a us drone attack. america denies it will start pulling troops out of iraq. was it a happy new year, orjust a christmas hangover? morrisons is the latest big name to update us on how they fared