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tv   Newsday  BBC News  November 29, 2018 1:00am-1:31am GMT

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i'm kasia madera in london. the headlines: the bank of england warns that the uk could face a deep recession and a collapse in the pound if there's a no—deal brexit. the direction of the effects of the reduction in openness is clear — lower supply capacity, weaker demand, lower exchange rate and higher inflation. with less than two weeks until a brexit vote in parliament, how will these forecasts affect theresa may's compromise deal? i'm rico hizon in singapore. also on the programme: not airworthy. indonesian investigators probing the lion air disaster say the plane should have been grounded, after problems on earlier flights. and the world chess champion, norway's magnus ca rlsen, has retained his title after a series of rapid fire wins. it's 9am in singapore
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and 1am here in london, where the huge risk to the uk economy from brexit has been laid bare by the governor of the bank of england. according to mark carney, leaving the eu without a deal would send the pound crashing, and spark a worse recession than the financial crisis. the projection is very much a worst case scenario. but it will be seized by the prime minister's supporters. theresa may is struggling to convince mps to back her compromise deal with brussels. our business editor simonjack reports. enter brexit centrestage. a man with a warning. leaving the eu without a deal could trigger an economic crash worse than the one that followed the financial crisis. we've constructed a sort
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of worst—case no deal, no transition brexit scenario, where you have a series of events including friction at the border, difficulties at ports, sharp falls in financial markets would costs more for people and businesses to borrow, a series of events that all happen at the same time. now, this is not a prediction orforecast, merely a possibility. in the bank's worst—case scenario, gdp is down 8% in one year, house prices down 30%, unemployment almost doubles to 7.5% and prices rise by 6.5%. it's in these marbled halls that bank of england economists look into their crystal balls to see what could, what might happen in the future, and some scenarios are pretty grim, but the bank says it's not here to scare us, in fact, it's there to reassure us that if we get a no deal, no transition brexit creating a financial emergency,
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the bank will be ready. but is the real economy ready? the bank says 80% of small businesses have done no planning for a no deal scenario, an outcome this furniture maker from high wycombe would like to avoid. for us, we'd like to get on with it. a no deal would be difficult because i think it would increase the damage to consumer confidence, presumably it would damage the strength of the pound, which makes our life more expensive. and i think itjust... simplicity would be good for us. the worst case is only one unlikely scenario. others analysed include staying in the eu, the orange line at the top, staying in the eu, a trade deal similar to the one proposed by the prime minister is underneath and the no deal disorderly brexit at the bottom. remember, this bank report was requested by mps who asked a simple question — does the bank of england think the uk will be better or worse off than it predicted before the referendum 7 in some respects it is very simple.
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for a period of time, if we reduce the degree to which we can trade with our largest trading partner, the economy has to undergo an adjustment. during that period of time, it is likely, all things being equal, that the economy will grow less rapidly. the government's own analysis reached a similar conclusion today, but it says that delivering brexit requires and is worth the economic compromise. simon jack, bbc news. let's take a look at some of the day's other news. indonesian investigators have said the lion air plane that crashed last month killing 189 people was not airworthy and should have been grounded. the boeing 737 crashed into the java sea shortly after departing from jakarta. a preliminary report found technical problems had been reported on previous flights, but investigators did not give a definite cause for the accident. lion air has insisted that the plane was airworthy. rebbece henschke reports. almost new plane crashed within
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minutes after takeoff. this man's son was on a flight with his cousin. translation: he was a really good kid. nothing about him was bad. now he and other reading families have heard that the plane was not airworthy and should have been grounded the day before. ahead of the investigating committee told the bbc there were a number of serious technical issues with the plane. on the previous flight from bali to jakarta. minimum of four problems appearing in one flight. this, in oui’ appearing in one flight. this, in our opinion, the aircraft was no longer airworthy. what happened instead was that after the pilot
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managed to land safely injakarta, the plane took to the area can with a different pilot. information from the flight data recorder shows that the flight data recorder shows that the pilots repeatedly fought to override an automatic safety system installed in the boeing 737, that pulled the plane ‘s nose down. the system was responding to faulty data, suggesting that the plane's nose was higher than it was. ahead of the investigating committee saying they have not found details in boeing flight manual about how pilots should deal with such a situation. we haven't found the information in the manual related to the new feature of the 7737-8, or 737 max. some of the grieving families have launched a legal challenge for compensation from boeing.
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boeing has since warned all airlines about how to address faulty readings, and insist the model is as safe as any other aeroplane. any accident can be prevented, so we're waiting and we're watching for that. we're watching for that not only for ourfamily, but also for indonesia, for safety and travel in indonesia, and also the world. the final report is not expected until next year. rebecca henschke, bbc news, jakarta. also making news today: the fire danger warning in the australian state of queensland has been raised to catastrophic — the highest level, for the first time. thousands of people are evacuating their homes as more than 130 bushfires threaten properties across queensland. they're being fuelled by strong winds, a heatwave and dry vegetation. at least ten people have been killed in an attack on the compound of the british security company, gas, in kabul. 19 people were injured including several children. the afghan interior ministry says gunmen stormed the complex after a car bomb was detonated outside. the taliban says it carried out the attack. a chinese scientist who claims
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to have created the world's first genetically edited babies has defended his work. speaking at a genome summit in hong kong, hejiankui said he was proud of altering the genes of twin girls so they could not contract hiv, but his work has not been verified. us senators have strongly criticised the absence of the cia director at a senate hearing on relations with saudi arabia. the us secretary of state, mike pompeo, and defence secretary jim mattis, gave evidence, but gina haspel did not. one democratic senator described it as a cover up. now to the annual event which helps to ring in the christmas holiday season in the us, it's that time when the national christmas tree is officially lit in washington. look at that, green colours.
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president trump and his wife melania were present for the festivities, along with hundreds of others who came to the white house for the event which has been running for 96 years. let's get more on our top story: the warnings from the bank of england that there could be a deep recession in britain if it leaves the european union without a withdrawal agreement or transition period. the british prime minister theresa may will be hoping the analysis puts pressure on the dozens of members of parliament who right now say they won't support her deal with the eu. i asked our westminster correspondent nick eardley if the bank of england's worst case scenario might actually help theresa may in some way. well, yes, because it allows her to turn round and said to members of her own party, and members of other parties too, "if you try and block my deal,
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if you stop this getting through, you are risking a situation in which the uk economy could tank." that's exactly what the bank of england are warning today. it was what was in some uk government papers that were published this morning as well. it suggested that no deal is the worst of all worlds, considerably worse for the economy than what the prime minister is suggesting. i must say, from hanging out in parliament tonight and from speaking to some of the brexiteers who've been extremely dismissive of her plan, they're equally dismissive of what the bank of england is saying tonight. they quite simply don't believe these worst—case scenario predictions. one of the leaders of the brexit campaign, jacob rees—mogg, told me that project fear had got even worse and was now turning into project hysteria. in fact, he launched a pretty personal attack on the bank
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of england governor, mark carney, as well, saying that he is a second—rate canadian failed politician. i wouldn't expect this would suddenly turn the numbers in theresa may's favour. she's also worried that, on the other hand, those that want a closer relationship with the european union than the one she's proposing, are going to say, "well, actually, according to some of these analyses, if you stay in the european union the economy will be better off." the uk chancellor was admitting pretty much that this morning. yes, this will in some ways aged theresa may as she tries to strong—arm some of those wavering within her own party, and perhaps on opposition benches too, but many of the positions in the parliament are really entrenched, and they're not going to change overnight. nick, briefly, would you, aside from snipes at mark carney, in terms of between now and the vote itself, on thursday we're going to hear about the security situation. we're going to keep hearing
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about different aspects of what could happen and the spin will be in favour of supporting theresa may's brexit deal. yes, i can safely assure you that there will be a uk political story on brexit between now and the big vote on an the 11th of december. theresa may is currently touring the uk, trying to win people over, saying this is the best deal on the table, it's good for the economy and delivers on what brexit promised people. she has a huge mountain to climb to do that, though. there are dozens of her own mps saying they won't vote for it. none of the opposition parties at the moment are signed up to coming to her rescue. so getting that vote through on the 11th of december is a gargantuan task, and at the moment, anything can happen in uk politics at the moment... if recent history's taught us anything it's that nothing's off the table, but getting that deal through is a big ask. that was our correspondence speaking
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earlier to kasia. —— —— correspondent. you're watching newsday on the bbc. still to come on the programme: feeling stressed out, with not enough hours in the day? we'll be hearing from a scientist working to find a solution. i need a solution! also on the programme: after 12 draws in 12 games, world chess champion magnus carlsen retains his title after a rapid—chess tie—breaker. president kennedy was shot down and died almost immediately. the murder ofjohn kennedy is a disaster for the whole free world. he caught the imagination of the world. the first of a new generation of leaders. margaret thatcher is resigning as leader of the conservative party and prime minister. before leaving number 10 to see the queen, she told her cabinet, "it's a funny old world." angela merkel is germany's first woman chancellor,
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easily securing the majority she needed. attempts to fly a hot air balloon had to be abandoned after a few minutes, but nobody seemed to mind very much. as one local comic put it, "it's not hot air we need, it's hard cash." cuba has declared nine days of mourning following the death of fidel castro at the age of 90. castro developed close ties with the soviet union in the 1960s. it was an alliance that brought the world to the brink of nuclear war with the cuban missile crisis. this is newsday on the bbc. i'm rico hizon in singapore. i'm kasia madera in london. our top stories: the bank of england has warned that leaving the european union without a deal could hit the british economy harder than the financial crisis a decade ago. a preliminary report into last
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month's deadly indonesian plane crash has found that the jet involved was not airworthy. and a popular video online — a not—so—serious pa pal security breach. a young argentine boy broke free of his mother's clutches to play with pope francis and one of his guards during a vatican audience, much to the pope's delight. let's take a look at some front pages from around the world, starting here in the uk with the financial times, which leads on the two stark reports today that brexit may leave the country worse off. it calls the forecasts made by the bank of england blood—curdling, and reports on the prime minister's acknowledgment that all options could leave the uk worse off. the japan times focuses on the country's foreign labour bill, which is moving through to the upper house. the bill is expected to allow blue—collar workers in certain sectors to move to the country,
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but japan's opposition party has said the bill lacks detail. and singapore's straits times features its asians of the year award, honouring those who put their lives in danger to help others following natural disasters. this year's winner is a late singaporean paraglider recognised for his rescue work after the indonesian earthquake. for some time, india's supreme court has been criticising the government for not doing enough to protect the world—famous taj mahal. petitions to the court have raised concerns about pollution of the i7th—century monument. the bbc‘s salman ravi went to see the damage. the taj mahal, one of the seven
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wonders of the world, is under threat. the 17th century mausoleum built by the emperor in memory of his wife is being seriously damaged by water and his wife is being seriously damaged by waterand air his wife is being seriously damaged by water and air pollution. the colour of the rare marble is turning pale, and the monument has cracks due to lack of maintenance. archaeologists are worried about the building's foundation weakening. the river yamuna that flows along the taj mahal has become an industrial drain, with sewage being dumped on large scale. translation: the first thing to do which is common sense is to ensure constant flow of water in the yamuna river. the taj mahal itself is heavy, the dome ways a lot. water levels need to be full of a waiter can tilt or sink any time. the indian supreme court had to intervene to save the taj mahal
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after a petition by a renowned lawyer. translation: if the taj mahal is not protected it will not remaina mahal is not protected it will not remain a world heritage site. it is generating huge revenues, and if we spent even i% on its conservation, thenit spent even i% on its conservation, then it will survive, so they should ta ke then it will survive, so they should take all precautions possible. india's supreme court has criticised the government for what it calls a failure to protect the taj mahal. the court said both the federal and state government had shown lethargy in taking steps to tackle the monument‘s deteriorating condition. we have appointed teams. generally they go in the morning, evening, to dell makes solid waste burning. so these other measures we taking. one is switching from coal to natural gas. another one is mechanised... experts say government plans are not practical. translation: they say they want to make it a smart city,
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but this is a heritage city. they need to protect the heritage first. everything else will fall in place. will the taj mahal continue to retain its status as one of the seven wonders of the world? that is a big question, that is the biggest challenge the taj mahal is facing the last three decades due to air and water pollution. at others say that the monument can be protected in the same manner in which it was built, 400 years ago. translation: today, the taj mahal‘s mosaics have started falling off, but who's replacing them? only the artist to do mosaics can do it, but who is developing their artwork is mac it isa developing their artwork is mac it is a dying art now. emperor shah jahan dedicated the taj mahal to the world, but if steps are not taken soon, this famous monument will be confined to textbooks and the memories of those lucky enough to have seen it in their lifetime. that duke and duchess of cambridge
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have paid tribute to the people killed in the leicester city helicopter crash. the club's owner died with four others when the helicopter came down in october.l big loss indeed to the city end to the football club. —— and to the football club. now, how is your morning routine going? feeling a little rushed? for people smack in the frenzied mid—life rush of managing full—time careers, dependent children and aging parents, nothing feels like it is in short supply as much as time. but don't worry — there is a way to get it all done, apparently. just delay starting full—time work until you are 40, and retire by 80. professor laura castensen from the stanford center on longevity told me what it involved. the story here is that we were handed a gift of time
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by our ancestors in the 20th century. essentially with no strings attached — an extra 30 years. and we need to think seriously about how best to use those years. because right now, we have a deadline. 65 years old, we have to retire. right, and just as you were saying, if you ask people today what their biggest challenge is, most people say it's time. there isn't enough time. and i say, we've got 30 extra years. we have more time than any generations proceeding us. because men and women can live past their 80s. why should we be in a hurry? why should we? right, exactly. but also, the way we are living our lives is based on life expectancies half as long. so the culture that guides us through life was based on a life expectancy of about 47.
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and that means you have to sprint through life. you get an education, you marry, you have a couple of kids, and you work like a dog, you get to retire, and you're dead a couple of years later. but now we have so much more time, but what we're still doing is packing everything in early, and then having long leisure time at the end of life. neither of those models is good. i plan to follow the template of my father, to work and never retire, even in my 80s or 90s. but what about for people in their 50s and 60s? what about education? can they still go back to school? absolutely, we need to rethink all domains of life, right? so if we're going to working to 80s and 90s, it makes no sense to finish our education in our early 20s. let's continue to learn. we need to continue to learn. employers can play a role in that with on—the—job training and education, but universities need to rethink the populations they serve, and to begin
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to include older people in their programmes. the world number one norwegian magnus carlsen has retained his world chess championship title, beating us opponent fabiano caruana in a tie—breaker event. carlsen's victory, decided in three dramatic time—limited games, ended the american's hopes of becoming the first us champion since bobby fischer won in 1972. the showdown in london followed a record—breaking streak of 12 drawn games of regular chess. our sports news correspondent richard conway reports from the championship. they will be dancing in the streets of oslo tonight, and that is because magnus carlsen has retained his world chess title. the norwegian won over fabiano caruana, his challenger. he, of course, bidding to be the first american since bobby fischer in 1972 to win the world championship. but carlsen proved too strong in the tie—break games.
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they of course were rapid—fire games against the clock, and that was all due, and needed, because the first three weeks of this championship resulted in 12 tied games. it tookjust over three hours for the title to be resolved, carlsen showing why he is the number one in the rapid form of the game, and despatching the american in efficient style. he, of course, will now cement his position as the number one player in chess. he is already the rock star, the poster boy of the sport. he has been a guest star on the simpsons, he has got fashion contracts, he is friends with hollywood a—listers. he will go on from this, surely, to more fame and fortune. so the position here is that carlsen wins yet again, he is still the world champion. well, let's hearfrom the man himself, world number one magnus carlsen. this one is huge for me. fabiano played very well, and he's an extremely strong player. so it's very special
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for me, for sure. clearly, this time, it was very close, and fabiano is very strong. and the match, although i'm very happy that i won it, it shows i have a lot to work on still. and, you know, next time i have to raise my level again further. he is so cool about it. i challenge you, magnus. checkmate. he is so cool about it. i challenge you, magnus. checkmatelj he is so cool about it. i challenge you, magnus. checkmate. i am sure he is worried. you have been watching newsday. i'm kasia madera in london. and i'm rico hizon in singapore. stay with us. wall street rally. for every family, announcing the gender of your baby is a big moment. dennis dickey from arizona thought he would do it with — well, a bang. the blue powder released by the explosion is to indicate it is a boy. but the blast, as you can see, also started a fire, which blazed for weeks and burned through 45,000 acres. hello there.
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the atlantic is set to be pretty relentless in terms of sending spells of wet and windy weather our way in coming days. this hook of cloud is the spell of windy weather and rain that we had on wednesday. that low centre rolling away, this one, though, developing quite explosively as well to the south—west as we go through the early part of thursday, promises even stronger winds than we saw yesterday and some very heavy rain. certainly not looking great for the morning rush hour. there will be a risk of some disruption, and bbc local is a great place to head to to get the details where you are. this is what that will look like, however. 6:00am, pretty much just about everywhere seeing some rain at this stage. on the plus side it is a mild start, temperatures in double figures. through the morning, the wettest weather will start to push its way northwards pretty quickly. the strong winds will remain an issue, i think if you are out
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in the morning, especially across the western side of the uk. around the coast and across the hills, these are the gust strengths in the black circles. you can see 50, 60, maybe 70 mph off the coast of pembrokeshire. the stronger winds, as well, pushing further north into northern england and the south—east of scotland as the morning goes on. so, as a rough rule of thumb, 50—60 possible just about anywhere towards the west. in exposure, we could be talking 70 or a little bit more. rain pushing northwards quickly through the morning. many areas actually seeing a great improvement come the afternoon. quite a few showersm though, packing into the west, the north—east of scotland keeping the rain until the end of the day. a mild variance to the air coming in from the south—west, 13 or 14 as a high. quite a few showers around in western exposures through thursday evening. low pressure stays in charge. that's what's feeding those showers in. itjust starts to change its orientation slightly on friday, bringing in the air from the north—west,
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and that will be a slightly cooler direction. still some showers thanks to that low for western exposures on friday, but for many, a much quieter day. yes, still breezy, but nothing like the winds of thursday. and many areas could escape with a dry day, temperatures just a couple of degrees down on those we see on thursday. onto the weekend. another couple of these areas of low pressure look like they are going to head our way. the question is, will they be around in the daytime or come rolling in overnight? at the moment, it looks like some of the wettest weather could be first thing on saturday and first thing on sunday, and as the day goes on, we could see increasing amounts of sunshine. but stay tuned to keep up—to—date with the detail for your weekend weather. this is bbc news. our top story: a no—deal brexit could trigger a serious recession in the uk, according to the bank of england. the warning comes after the british government's own forecasts said the economy will shrink for every brexit scenario, compared to staying in the eu.
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indonesian investigators probing last month's lion air disaster say the plane was not airworthy. 189 people were killed when the jet crashed into the java sea shorly after take off from jakarta. and this video is trending on bbc.com. the pope's weekly address featured a surprise guest when a small boy ran onto the stage. the child amused worshippers and the pontiff alike, as he ran around, before his mother came to retrieve him. that's all. stay with bbc world news. here in the uk, a teenager is to be charged with assault, after footage showing a 15 year old syrian refugee being attacked goes viral.
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