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tv   Asia Business Report  BBC News  June 28, 2017 1:30am-1:46am BST

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i'm babita sharma. our top story: banks, shops, transport and energy networks across the globe have been hit by a major cyber attack. the ransomware attack began in ukraine and russia, before spreading to companies in europe, the us and india. it's exploiting a similar loophole to the wannacry virus, which caused havoc last month. the european union has imposed a record $2.5 billion fine on google and given the company 90 days to end illegal practices that give the internet search company unfair advantages to its own shopping websites. and this story is trending on bbc.com: tennis star serena williams has posed naked for the cover of this month's vanity fair magazine. she was six months pregnant when this picture was taken by celebrity photgrapher annie liebovitz. serena says she plans to be back on court by january. stay with bbc news. more to come. there is more coming
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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
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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 you not have heeded them. in the us, several big firms were affected, and as you said, it is spreading across the world in a dramatic way. i am joined by andre mcgregor. he is a security expert. what can you tell us about this attack? the world is experiencing a global ransomware attack that has crippled companies across several industries. you look at mersk, they are reduced to working on pen and paper to conduct their business. so a crippling
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attack. you used to work for the fbi. they will be looking at us. what have you been hearing about the potential impact of this attack? first off, with the fbi, they are looking to find the organisation thatis looking to find the organisation that is doing this. as far as the impact? we're looking at the fact that companies need to get going again. the way to do it is through patching. microsoft rated a patch, pushing it out the computers that are affected, and are looking for additional services or files that can additional services or files that ca n allow additional services or files that can allow them to identify new systems. -- created. why are companies not taking up these updates? they seem to have had ample warning from fbi. this is a call to action that we should be updating oui’ action that we should be updating our old technology lab we do with roads and bridges. this time, we cannot allow the time for a government to intervene. organisations need to patch systems ina timely organisations need to patch systems in a timely manner and deal with a
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nikat. security experts are now try to find out who was responsible. that will take some time. —— and deal with them when they come up. google has been fined $2.7 billion by the european commission. it says the firm unfairly promoted its shopping services in search results. the company was ordered to stop these practices in 90 days, orface another fine. they have abused their market dominance. in its search engine. by promoting its own shopping comparison service in its search results, and demoting its competitors. what google has done is illegal under eu anti—trust rules. it has denied other companies the chance to compete on their merits, and to innovate, and most
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importantly, it has denied european consumers the benefits of competition, genuine choice, and innovation. but google is striking back. the technology giant says it respectfully disagrees with the european union fine, and is considering an appeal. shares in his -- in its considering an appeal. shares in his —— in its parent company, alphabet, fell. facebook now says that more than a quarter of the world population, over 2 billion people, now use the social networking site every day. the milestone comes just after 13 years since its inception, it was created by mark zuckerberg while he was in university. it has doubled the number of its users in just underfive doubled the number of its users in just under five years. and all this we got asia business report, we have been looking at how economies in the region have fared since the asian
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financial crisis, two decades ago. nowhere was the impact greater than in indonesia. the economic turmoil sparked riots against the chinese community in the country, turning the streets of jakarta into a war zone. after three decades in power, indonesian strongman, president suharto, resigned. for more, looking at what it is like right now, we're joined by our asia business report. you grow up in indonesia, and witnessed the transition. what it like? is in a traffic you would be fairto like? is in a traffic you would be fair to say that for everybody at the time, it was a disaster movie that you are seeing playing out on your streets. i remember one of the most vivid images being the supermarket down my street on fire. and many people having to flee jakarta. those who could. they wa nted jakarta. those who could. they wanted to get out of the way of the protest. notwithstanding that, that transition from what was a dictatorship to what is now one of
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the driving democracies in southeast asia. —— thriving. they have been peaceful transitions of government in the last 20 years. that is that it is these that. and they are also strong economy, clocking up about 5% on average every single year. but even until today, those ethnic and religious tensions are concerned. recently, there have been protests againstan recently, there have been protests against an ethnic chinese mayor in indonesia as a result of hardline islamist ‘s, bear, who are up becoming more vocal about democracy. and when i went back, they could —— when i went back, i realise that could undermined some democracy there. jakarta, one of asia's great cities, up in place. former president and dictator suharto was forced to step down after three
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decades in power. chaos spilt out onto the streets. soldiers and tanks hunted down protesters. what a difference 20 years can make. in place of the protests and the tanks that once rolled down the streets, luxury mauls and foreign brand names, instead. jakarta is indonesia's capital, a symbol of its economic success. “— indonesia's capital, a symbol of its economic success. —— suharto. but many are still struggling with the aftermath of the asian financial crisis that rates of any lies in indonesia. back then, this woman was a successful then you might own. she showed me pictures of the store she had been building. once she had definite one she took a loan to fund. but then crisis hit. translation: i lost everything. i could not pay my loan because the interest late to make rate shot up. and then it got worse. the indonesian economy pondered 80%
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against the us dollar. —— plummeted. chinese indonesians bore the brunt of the outrage, this toy store was closed three days for the rise. translation: in the beginning, there we re translation: in the beginning, there were two scared to leave their homes, but then think about it. —— riots. and my business also grew. homes, but then think about it. —— riots. and my business also grewm is the growing middle class that has boosted the country's economic growth. and after decades of authoritarian rule, south east asia's largest economy, today, is a thriving democracy. but democracy has also brought out a note side. recent demonstrations against an ethnic chinese mayor have raised concerns that small but vocal groups of hardline muslims are getting increasingly influential, threatening indonesia's collectability. but for those like anne, who had to start again,
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success has been sweet. she now runs afarm. her success has been sweet. she now runs a farm. her fortune and those of millions of indonesians depend on the country's economic success. at that relies on the delicate balance keeps his together. i reported on the asian financial crisis 20 years ago, and for many indonesians, it was a nightmare. tell us about the ethnic concern. and how it could impact the economy going. —— going forward. the chinese indonesian business community is the pillar of economic growth in the country. many of the big businesses are owned by chinese indonesians. if they feel that there is a consistent threat against them, we might see some of the money in the country right now are repatriated overseas or elsewhere. and they would be a big concern for the country. notwithstanding that, as i was saying, strong growth rates in indonesia will turn around the
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economy. the finance ministry is really tried to make headway. we will have more on the asian financial crisis with my special show this weekend. you are reporting from the philippines on that? so lots more for our audiences. watch out for the special report, posted by our guests, which will be on saturday and sunday. with that, we and this edition of asia business report. sport today is coming up next. you are watching bbc news. doctors at great ormond street hospital have been told they can switch off life support for a terminally baby after his parents lost their final legal battle. 10—month—old charlie gard suffers from a rare genetic condition and has brain damage. his family wanted to take him to america for experimental treatment.
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butjudges at the european court of human rights refused to overturn the decision of courts in the uk. our medical correspondent fergus walsh reports. these touching images of connie yates and chris gard with their son charlie were taken on the roof of great ormond street hospital — a family picnic organised by nurses. a brief respite from the months they have spent in intensive care. charlie is terminally ill with a progressive disorder that weakens his muscles. he cannot move, he cannot breathe unaided and cannot swallow and has serious brain damage. for months, his doctors have argued he should be allowed to die. his parents wanted to take him to the united states for experimental treatment, and they were distraught when three uk courts backed the doctors. now by a majority verdict, the european court has done the same. the strasbourg judges ruled the uk courts had been meticulous and thorough and supported their view that it was most likely charlie was being exposed to continued pain,
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suffering and distress. and that undergoing experimental treatment with no prospects of success would offer no benefit. there is now a question of what will happen to the £1.3 million that charlie's parents crowdfunded through 83,000 donations. so why has every court and every medical experts decided that ending charlie's life is in his best interests? it was said by the courts today that he is likely to be suffering and if any treatment were to continue or he was taken to the us for experimental treatment, there is going to be a very limited benefit and he is going to be at risk of suffering significant harm. great ormand street says there is no rush to change charlie's care and their priority is to support his parents at this distressing time, but at some point in the near future, medical staff on the intensive care unit will switch off the mechanical
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ventilator that keeps charlie alive. it is rare for disputes over treatment to go to court, but the judges' decision is final and they have backed the view that charlie should be allowed to die with dignity. fergus walsh, bbc news. fergus walsh with that report. time now for all the sports news in sport today. hello, i'm sarah mulkerrins and this is sport today, live from the bbc sport centre. coming up on this programme: fifa has released its full report into alleged corruption in qatar's successful 2022 world cup bid. england thrash pakistan with their highest women's world cup total. and who's this playing tennis? and paolo maldini's professional career didn't last long in milan. hello and welcome to sport today.
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let's start with fifa and their dramatic step of publishing a controversial internal report — the so—called ‘garcia report‘ — into the bidding process for the russia and qatar world cups. this comes after it was leaked to a german newspaper this week. now the report was produced back in 2014 by it's chief ethics investigator michael garcia but he resigned when a 42 page summary was published instead of the full document. fifa said tuesday's publication of it has been done in the interests of transparency and that they had been calling for this for over a year. they say they were blocked by their former ethics chiefs,

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