tv Asia Business Report BBC News October 26, 2023 1:30am-1:46am BST
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�* blinken. �*blinken. the �* blinken. the white �*blinken. the white house antony blinken. the white house has confirmed a meeting with the us national security adviserjake sly 11 is slated for friday. the trip is set against the war in the middle east. ——jake against the war in the middle east. —— jake sullivan. against the war in the middle east. ——jake sullivan. it against the war in the middle east. —— jake sullivan. it may set the stage for a meeting between xijinping and set the stage for a meeting between xi jinping and joe biden. lori daniels from the asia society institute stout has told me about the expectations. it has told me about the expectations.- has told me about the expectations. has told me about the exectations. . , ., ., ., expectations. it has a lot of different aspects. - expectations. it has a lot of different aspects. what - expectations. it has a lot of. different aspects. what china is asking has to do with the economic restrictions the us has put on china's high spec —— high—tech industry. china would like to see the us talk about china on the global stage in ways that could work more closely with how china sees its own image. it sees itself as a leader or developing countries, it wants to have respect in
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that status. the way the us has talked about china, as a challenge to the rules —based order, is something china bristles at and would like to see change. it bristles at and would like to see change-— bristles at and would like to see chance. u, , see change. it comes when we see change. it comes when we see the crisis _ see change. it comes when we see the crisis in _ see change. it comes when we see the crisis in the _ see change. it comes when we see the crisis in the middle - see the crisis in the middle east. what impact is that likely to have on relations? it's another wonderful reason for the us and china to stabilise their own bilateral relationship, orat stabilise their own bilateral relationship, or at least to come up with a statement that shows they are managing the relationship responsibly. china has reasons for wanting that, it has economic headwinds, a lot of crises on its borders. the us has reasons too. it dealing with a crisis in europe, the war in ukraine, as well as being heavily involved in the middle east crisis. for both sides, a reason to make this meeting productive and useful. ., , , useful. one of the biggest flashpoint _ useful. one of the biggest flashpoint between - useful. one of the biggest - flashpoint between washington and beijing is the ongoing chips battle. american tech
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firm nvidia was told to stop shipping chips to china. the current high global demand means the impact on n — video will be muted for now according to analyst stacey raskin. —— nvidia. from the equipment side, several billion dollars last year... the new ones are more incremental, more clarifying on what the restrictions are, it's not a lot in addition to what we saw before. not a lot of incremental impact. n — video, this will impact china. it is so strong globally that they
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can impact demand. meta has reported a better—than—expected profit of more than $11 billion set to visit the us staying with news coming out of the us, the trial of sam bankman—fried, apple has raised the price for a handful of its most profitable businesses, including apple tv plus, which has spun out popular series like the morning show and ted lasso. its rivals in the streaming business, like disney and netflix, had both raised prices earlier. the last time apple hiked price for its services was in october last year. still in the us, where the trial of sam bankman—fried will resume in
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new york on thursday, when mr bankman—fried himself will take the stand. the ftx crypto exchange founder faces seven criminal counts, including fraud and money laundering charges, and has pleaded not guilty. our north american business correspondent erin delmore filed this report. we are at the halfway point in the trial. we've heard from the prosecution and now it's the defence team's turn to make their case. i spoke to actor and crypto author ben mckenzie and asked him why mr bankman—fried would want to testify on his own behalf. sam is a gambler, you know? sam has always had a high risk tolerance. so, if there were a defendant to take the stand in his own defence, sam bankman—fried is, you know, high on that list. you told me you felt like sbf and crypto rose together. does that mean they fall together? i don't think that they fall, you know, at the same rate at the same time. there's enough people that want to gamble. there are enough criminals that find it useful, and there is enough sort of real money stuck in there that it's probably going to be around for a while, unless law enforcement really takes severe action, which is what i think is really necessary.
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and you sat down with sam bankman—fried and kept in touch in the months leading up to fdx's collapse. how did he market himself to you? i think he marketed himself to me as a version of his public persona. california wunderkind, billionaire philanthropist. however, he had trouble answering basic questions, one of which was, "what does crypto currency do?" give me one thing that it does that can't be done better by other means. and sam sent money overseas, i had just come from el salvador, the only country to use cryptocurrency as money, or try to use it, and el salvador�*s economy is heavily reliant on this, it's a quarter of the economy. the government had created this cryptosystem to try to encourage citizens to use crypto currency, and they weren't using it. the marketing of sam bankman—fried and the reality
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of sam bankman—fried were very different. so how did sam bankman—fried present himself such that everyone was surprised when fdx collapsed? we found out in courtjust last week from his ex—girlfriend that sam was aware that his hair was a selling point, that he was aware of his image, that the dishevelled genius was actually a character that he could play. and quite effectively, he is quite a good actor. you know about playing characters. i know about playing characters. it's such a bold character to play, if at the end of the day it's not true, most of us would sort of shy away from that sort of exaggeration, if not outright fabrication, but sam really didn't have that... he had a high risk tolerance, is i guess how the people in finance might mention it. he reallyjust went
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for broke all times. now, a special report on millets: a gluten free grain that india has been working hard to put on the global map. they found their way onto the menu too when global leaders met in delhi for the recent 620 summit. nikhil inamdar reports on whether india can whet the world's appetite while trying to bring about this so—called millet revolution. the hardy humble millet, once a staple in indian cuisine, now pushed to the sidelines as grains like rice and wheat take centre stage in the indian diet. india is at the forefront of popularising millets. but a big government campaign is helping millets make a slow comeback. often in a modern form. this start—up is trying to popularise millets to urban consumers. there's been a big spike in business last year says its co—founder. so do people really know how to cook with millets? no, not really.
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especially in the north of india. people are not aware how to cook millets. so to bring about that awareness, we have created a lot of youtube videos. and over the last 6—8 months, with that and the promotion of our prime minister, you can see that our sales have multiplied three times to four times now. the resurgence of millets in the national conversation is also leading to farmers like this man betting big on these grains. for generations, his family cultivated only ground nuts. but this year, he is growing ground top millets on his entire six—acre plot of land. translation: it is a crop that requires less investment - to grow than ground nuts. also demand for millets has gone up right now. it's not difficult to see why the government is making such a hard pitch for millets. these ancient grains are far healthier than rice
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and wheat, and they are also more climate friendly. millets grow in hot, aird climactic conditions like these, and they also use up far less water than either barley or wheat. the government is also hoping this can help address the challenge of malnutrition. but right now, millets production panes in comparison to production of wheat. low supply answering demand has led to prices shooting up, and switching to millets at scale will be a challenge. to make millets more accessible to people, government should distribute through federation shops. it should be affordable. today, it is two or three more times costlier than rice or wheat. for prices to come down, acreage needs to go up substantially. this has begun to happen, but mainstreaming the grain will be a long haul.
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that's it for now, thanks for watching, stay with bbc news. this is one of the country's biggest squash academies, 140 youngsters regularly chasing a tiny rubber ball, and now an olympic dream. foryears, the 0lympic dream. foryears, the sport tried and failed to earn a spot at the greatest show on earth. many like former world number nine daryl selby had tactically given up.— tactically given up. amazed, very happy. _ tactically given up. amazed, very happy. words _ tactically given up. amazed, very happy, words i - tactically given up. amazed, very happy, words i never. very happy, words i never thought i would be able to take on the squash is in the olympics. on the squash is in the olympia-— on the squash is in the olympics. on the squash is in the ol mics. , olympics. he will be 45 when the olympic _ olympics. he will be 45 when the olympic roadshow - olympics. he will be 45 when the olympic roadshow hits i olympics. he will be 45 when | the olympic roadshow hits la, so it will be someone else's turn to shine on court. 16—year—old emily lives and breathe the sport, white place right time. breathe the sport, white place right time-— right time. the olympics is a dream. playing _ right time. the olympics is a dream. playing a _ right time. the olympics is a
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dream. playing a sport - right time. the olympics is a j dream. playing a sport that's not in the olympics doesn't really follow that dream, so now it's actually pretty special. now it's actually pretty special-— special. decades of disappointment - special. decades of. disappointment have special. decades of - disappointment have hit the sport hard. numbers have declined. 250,000 people play weekly in england, half of what it was a decade ago. but with olympic inclusion, an increase 0lympic inclusion, an increase in profile and an increase in funding. i in profile and an increase in fundinu. ., , ~ in profile and an increase in fundin-. ~ , funding. i really like squash. for a courile _ funding. i really like squash. for a couple of— funding. i really like squash. for a couple of years, - funding. i really like squash. for a couple of years, it - for a couple of years, it wasn't in the olympics, and i heard on tuesday, and i was like, yay! this is the catch—up. tonight struggles of the gcse resets because some concerns. resits because some concerns. and game of thrones trees under threat. first a police officer who blackmailed and threatened girls into sending
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explicit photos of themselves on snapchat have been jailed for life. lewis edwards from south wales messaged 210 girls aged between ten and 16 over more than two years. police found thousands of indecent images on his devices. snapchat said sexual exportation of young people is a priority and they work to prevent abuse. hospitals in gaza say they are stopping all big emergency services as fuel runs out. the united nation says its work will stop if it doesn't get supplies. israel accuses hamas of stockpiling fuel. expanding classes and exam halls to cope with more pupils having to resit their gcses. a high proportion of students failed their exams. the government says it's investing in colleges. and japan has ruled it is unconstitutional to force
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people to be sterilised before they can officially change gender. a 2004 law said people can only change their gender if they cannot have children. time to leave you with ten seconds of trees because these trees in county antrim which were made famous by game of thrones, now may have to be cut down because they are in such a bad state. you are all caught up. goodbye for now.
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hello and welcome to sportsday, i'm tulsen tollett. three goals, three points and three wins in a row for holders manchester city in the champions league, but newcastle's unbeaten start is over. glenn maxwell creates world cup history with a stunning innings as australia thrash the netherlands at the cricket world cup. and there's a double retirement in british rugby, as ben youngs waves goodbye to england, and leigh halfpenny says farewell to wales.
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welcome to the programme, lots to get through, but we start with the champions league, where the group stages have reached the halfway point, and the current holders look like they're the team to beat. manchester city have maintained their 100% record in the group stages, making it three wins from three after beating young boys 3—1. manuel akanji put city ahead before young boys equalised with a brilliant finish from meschack elia but a penalty and a late strike from erling haaland meant city take home all three points. they're also three points clear of rb leipzig, who beat red star belgrade 3—1. newcastle's unbeaten start to the tournament is over. they went down 1—0 to borussia dortmund — felix nmecha with the goal. newcastle were unfortunate not to get a point late on, as they hit the post twice. defeat leaves them 3rd
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