tv Asia Business Report BBC News May 23, 2023 12:30am-12:46am BST
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the top us republican says productive but no agreement has been reached just yet. —— debt ceiling talks. and a new movie spurs the creation of tetris. we speak to the man who created it. hi, welcome to asia business report. our top story this morning, top us congressional republican kevin mccarthy said the meeting with presidentjoe biden over the debt ceiling was productive but
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that no agreement has been reached. both men had met earlier this morning and before the talk said sounded a note of optimism. they have just ten days left to reach a deal to increase the government borrowing limit or trigger a default. from new york. even before president _ default. from new york. even before president biden - default. from new york. even before president biden with i before president biden with house speaker kevin mccarthy negotiations were once again around the table trying to strike a deal to avoid a default. sources say the white house is now offering to keep spending flat from this year to next. while republicans, they say they want to increase defence spending while cutting everything else by up to 22%. treasury secretary janet yellen confirmed over the weekend that june one is the hard deadline when the government can no longer pay its bills. and the deadline for a deal may actually be sooner in order for it to pass the house and senate in time. there's another worry, evenif in time. there's another worry, even if they do get deal done
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in time will rank and file members of both parties go for it? the impact of defaulting would be felt by everyone. economists save millions of americans could lose their jobs, putting the country into a recession. and there would be untold disruption to the world financial markets.— financial markets. when you look at wall _ financial markets. when you look at wall street - financial markets. when you look at wall street investors are watching the negotiation very closely for the part overnight quite a bit of a mixed bag. we will continue to monitor how asian markets react after that meeting between kevin mccarthy and joe biden wrap up with no agreement insightjust yet. away wrap up with no agreement insight just yet. away from the us into china now, the british chamber of commerce and china's just released a report showing that a majority of its members now feel more confident about doing business there compared to a year ago. earlier i spoke to a year ago. earlier i spoke to the organisations managing director who explained that even though most businesses are optimistic concerns over
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geopolitical tensions remain. geopolitical tensions rank number one in terms of the challenges that businesses are facing. however, when we look at relationships at such a complex subject and not something that any single actor can address. we know about geopolitics, there's always going to be redlines that you can't cross but also always opportunities that you can ignore. when it comes to the uk — china relations at very complex. what we welcome is actually seeing uk's position on china around the engagement piece and we saw that in the integrated review refresh. and evenin integrated review refresh. and even in their recent house speech from the secretary of state around not oversimplifying china but also seeing china as an engagement for collaborating where interests are aligned. this is exactly what businesses want to see. we want to see the resumption of dialogue now that covid is out of the way we can restart this dialogue and communication, looking at economic financial dialogue,
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whether it's ministerial visitors that would go a long way to restoring that trust and building confidence for businesses year. in building confidence for businesses year. building confidence for businesses ear. ., , businesses year. in other news, a social media _ businesses year. in other news, a social media platform - businesses year. in other news, a social media platform tiktoki a social media platform tiktok has sued the state of montana to prevent authorities there from slapping in overall band on the video sharing app. the move is set to start in 2024 but tiktok says that band will violate the rights to free speech. in indian appeals tribunal has upheld the bankruptcy proceedings against locals carry a go first the move throws a spanner in the works for the airlines and looking to take back their planes. gophers was granted bankruptcy protection and is the second airline to go bust in four years. i spoke with an aviation analytics firm and he explained what went wrong with
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gophers. the explained what went wrong with no - hers. ., explained what went wrong with no - hers. . ., , explained what went wrong with a-ohers. . , ., gophers. the airline has blamed for failure to _ gophers. the airline has blamed for failure to supply _ for failure to supply additional engines forfailure to supply additional engines for the fleets. the airline has two suspend some flights because of the engine issues. almost 50% of the new aircraft grant and they go to january revenues. but this is not the major reasons for this airline to apply for voluntary solvency for that we've been hearing that this airlines have not been able to pay the rent before all this happening. so the market is very competitive so we expect other issues ongoing. internalfinancial issues. ongoing. internal financial issues. ., , , issues. you said the industry issues. you said the industry is very competitive. - issues. you said the industry is very competitive. why - issues. you said the industry is very competitive. why is l issues. you said the industry l is very competitive. why is the indian aviation industry more competitive than other countries because that india is one of the fastest growing markets in the global industry.
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it accounts for 3.3% of the global in 2023. the country of course, a high gdp growth, over 6%, which is a fundamental driver of capacity demand. however, the... incomes of the country is relatively low compared to other countries. which makes it a very challenging market the customs are very high, but very price—sensitive making the airline challenging. they are unable to afford the high ticket price. so under the high costs and problems, during covid we had capacity constraints due to this a plane two supply chain disruption delays, high wages, this all contributing factors to operate faced by the airlines. you know
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it and you've — faced by the airlines. you know it and you've probably - faced by the airlines. you know it and you've probably play - faced by the airlines. you know it and you've probably play it i it and you've probably play it as well. i'm talking about the iconic puzzle game tetris. it was created by a software engineer back in 1985 and remains one of the greatest video games ever made. a new film explores its creation. we spoke to the film—makers and the man behind it. it spoke to the film-makers and the man behind it.— spoke to the film-makers and the man behind it. it was most dutiful thing _ the man behind it. it was most dutiful thing that _ the man behind it. it was most dutiful thing that ever- the man behind it. it was most dutiful thing that ever seen. i dutiful thing that ever seen. it's poetry, art and maths all working in magical synchronicity. it's the perfect game. synchronicity. it's the perfect came. , ., ., , game. tetris for that tetris. tetris. tetris. _ game. tetris for that tetris. tetris. tetris. people - game. tetris for that tetris. tetris. tetris. people knowl game. tetris for that tetris. i tetris. tetris. people know me as the computer _ tetris. tetris. people know me as the computer game - tetris. tetris. people know me as the computer game tetris. l tetris. tetris. people know me as the computer game tetris. i was really interested in all kinds of puzzles, riddles. bi; kinds of puzzles, riddles. by da he kinds of puzzles, riddles. by day he worked as a programmer,
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by night — day he worked as a programmer, by night he — day he worked as a programmer, by night he invented games and fun. , , , fun. this puzzle board, there are 12 different _ fun. this puzzle board, there are 12 different shapes - fun. this puzzle board, there are 12 different shapes made j are 12 different shapes made out of five squares. and when i start to programme this to play a game i decide that it would be much more fun to make a real—time game out of it. close but we need something more~ — close but we need something more~ tetris _ close but we need something more. tetris is _ close but we need something more. tetris is the _ close but we need something more. tetris is the story- close but we need something more. tetris is the story of. more. tetris is the story of how— more. tetris is the story of how the _ more. tetris is the story of how the rights _ more. tetris is the story of how the rights to - more. tetris is the story of how the rights to video - more. tetris is the story of. how the rights to video game tetris came _ how the rights to video game tetris came to _ how the rights to video game tetris came to be _ how the rights to video game tetris came to be in- how the rights to video game tetris came to be in the - tetris came to be in the possession _ tetris came to be in the possession of— tetris came to be in the| possession of nintendo. tetris came to be in the - possession of nintendo. it's almost _ possession of nintendo. it's almost a _ possession of nintendo. it's almost a spy— possession of nintendo. it's almost a spy thriller. - possession of nintendo. it's almost a spy thriller.- possession of nintendo. it's almost a spy thriller. only ten other peeple _ almost a spy thriller. only ten other people in _ almost a spy thriller. only ten other people in the _ almost a spy thriller. only ten other people in the world - almost a spy thriller. only ten | other people in the world have seen _ other people in the world have seen what you're about to see. it's seen what you're about to see. it's called _ seen what you're about to see. it's called the game boy. it it's called the game boy. [it was it's called the game boy. it was brand—new industry and brand—new stuff. for me it was a symbol of future. the brand-new stuff. for me it was a symbol of future.— a symbol of future. the soviet union have — a symbol of future. the soviet union have worldwide - a symbol of future. the soviet
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union have worldwide rights. | union have worldwide rights. the intellectual property, none of even software industry market didn't exist. alexi and a coule market didn't exist. alexi and a c°uple of — market didn't exist. alexi and a couple of buddies _ market didn't exist. alexi and a couple of buddies from - market didn't exist. alexi and | a couple of buddies from work made — a couple of buddies from work made the _ a couple of buddies from work made the game ibm compatible, which _ made the game ibm compatible, which meant graphics over a big music— which meant graphics over a big music and — which meant graphics over a big music and floppy disks that people _ music and floppy disks that people copied and shared for free — people copied and shared for free it — people copied and shared for free. it spread like wildfire. basically, this time tetris was like a small plan of future growing through the layers of bureaucracy, of greed. mr rogers. — bureaucracy, of greed. mr rogers, have you ever had negotiated with the soviets? we're — negotiated with the soviets? we're here for tetris.- negotiated with the soviets? we're here for tetris. what did he sa , we're here for tetris. what did he say. i _ we're here for tetris. what did he say. i don't _ we're here for tetris. what did he say, i don't speak— we're here for tetris. what did he say, i don't speak russian. | he say, i don't speak russian. i'm he say, i don't speak russian. i'm gonna _ he say, i don't speak russian. i'm gonna make you a millionaire. _ i'm gonna make you a millionaire. [- i'm gonna make you a millionaire.— i'm gonna make you a millionaire. i don't have a riaht millionaire. i don't have a right to — millionaire. i don't have a right to receive _ millionaire. i don't have a right to receive money . millionaire. i don't have a j right to receive money for millionaire. i don't have a - right to receive money for my game — right to receive money for my game. that's criminal, no? it is crazy _ game. that's criminal, no? it is cra . game. that's criminal, no? it
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is crazy-— is crazy. the challenge for us was to make _ is crazy. the challenge for us was to make places - is crazy. the challenge for us was to make places like - is crazy. the challenge for us i was to make places like london look like soviet era russia. those are 2000s of reference from propaganda posters to vehicles to wardrobe for that in my opinion, it feels so authentic it's almost like it's damaging to go back and shoot it. it feels close to i think. i don't know the words. the atmosphere _ i don't know the words. the atmosphere of _ i don't know the words. the atmosphere of the - i don't know the words. tue: atmosphere of the movie i don't know the words. tte: atmosphere of the movie was very truthful. it was a very dark time when the soviet union is going to collapse. the dark time when the soviet union is going to collapse.— is going to collapse. the world is going to collapse. the world is changing — is going to collapse. the world is changing and _ is going to collapse. the world is changing and soviet - is going to collapse. the world is changing and soviet union i is changing and soviet union will not _ is changing and soviet union will not be left behind. itier? will not be left behind. very helful will not be left behind. very helpful time _ will not be left behind. very helpful time also. _ will not be left behind. very helpful time also. you - will not be left behind. veryj helpful time also. you could feel the spirit of the hope. the calvary is coming. i have a plan _ the calvary is coming. i have a lan. ~ ., the calvary is coming. i have a ian, . ., ~ ., ., the calvary is coming. i have a plan. wow. what a fascinating sto for plan. wow. what a fascinating story for that _ plan. wow. what a fascinating story for that with _ plan. wow. what a fascinating story for that with that - plan. wow. what a fascinating story for that with that we - plan. wow. what a fascinating story for that with that we end this edition of asia business report. you can still get in touch with us on twitter. we
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will be back with newsday at the top of the hour. join us if you can. thank you so much for watching. it was in the early hours of sunday morning. the police station was broken into. it wasn't manned at the time, but they'd obviously been out on their patrols on saturday night, left their belongings here. and it was then that the thieves struck. the list of stolen items include two police hats, two sets of body armour, pepper spray and extendable police baton. a police radio, two sets of handcuffs, two body worn video cameras, also shoulder epaulettes, featuring the number 206 and one set of pcso. set of pcso
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shoulder epaulettes featuring the number 6392. if anybody has any reservations or concerns about the genuine nature of a police officer, they can ask that officer through their police radio to call up to our contact centre and ask that that officer's id is verified. is this embarrassing? i personally regret the fact that it has been broken into because i know there is now a public safety risk around data and information. wiltshire police have told us they've made three arrests. two of those suspects have been released on bail and the third suspect has been released under investigation. hey, i'm rachel with a catch up. tonight the uk's first gay dating show shoulder surfing. and our arrival in space. we're starting with some new research done for bbc three. it found that half of gay men have
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experienced discrimination where they are affectionate with their partner in public. mostly for holding hands or kissing. that is the number of homophobic hate crimes reported by police in police as more than doubled in the last five years. just over 11,000 back in 2017, 18 which of 26,000 last year. the research comes after the launch of the uk's first gay dating show, i kissed a boy, which you can watch a bbc iplayer. some of the stories now, police looking into the disappearance of madeleine mccann are expected to start searching this reservoir in portugal, just 50 kilometres from where the toddler went missing in 2007. many survivors of the manchester arena bombing haven't had enough psychological support over the last six years. some haven't been offered any at all according to a new report. the attack killed 22 people and injured hundreds more. and do you have a banking app on your phone? if you're out and about
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using it be careful. criminals are using a new tactic called shoulder surfing they basically watch people typing and pin numbers and neck at the phone. potentially whatever is in your bank account. time to wrap up with ten seconds of inspiration. this is breanna, the first female arab asked her not to go to space with up here is the space station crew helping herfind herfeet when she arrived earlier today. you are all caught up now. have a good night.
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hello, i'm mark edwards from the bbc sport centre. coming up on this programme... the toon dining at europe's top table with a top 4 finish assured. newcastle qualify for the champions league with a draw at home to leicester. real madrid file a hate crime complaint after viniciuer is subjected to racial abuse. no more of the manx missile, mark cavendish confirms his cycling retirement at the end of the season. hello, i'm marc edwards with your sport. we're going to start with football and newcastle united
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