tv World Business Report BBC News March 13, 2017 5:30am-5:46am GMT
this is bbc world news, the headlines: iraqi forces have retaken a third of western mosul — the largest city still under the control of the islamic state group. but fierce fighting is threatening the city's civilian population. turkey's president has called for international sanctions against the dutch government after it barred two of his ministers from making political speeches in rotterdam. recep tayyip erdogan described the netherlands as a "banana republic". the un has warned of a looming humanitarian crisis with 20 million people facing famine across nigeria, south sudan, yemen and somalia. experts say that without urgent help many will simply starve. two people have been killed and at least twelve injured at an open—air rock concert in argentina, attended by about three—hundred thousand people. witnesses said people were crushed as crowds surged towards the stage. now for the latest financial news with sally. and world business report.
the dutch prepare to make their choice in a critical general election — with the economy up and crime down why are voters so discontented? looking for adventure? grab your mountain bike or your climbing shoes, as we take you to one of the fastest growing trends in tourism. the adventure holiday. welcome to world business report. i'm sally bundock. also in the programme change at the top of europe's biggest bank — hsbc — we'll tell you all you need to know. we will be talking about the
elections in the netherlands as well. cana can a form of travel in which experience matters more than destination keep tourism companies are float? we have been to the berlin tourism so. to have much fun as possible on a tight budget — the adventure tourism business is worth $300 million a year and it is growing fast. the age has started to come down a little bit so maybe it is more in the mid to late 40s but
we are also seeing a significant growth in multigenerational travel and that means being grandparents who might be in the 60s and 70s who are still active taking their kids and their kids kids doing all sort of adventure travels. the daughter might go sea kayaking and so forth. there are no longer barriers about where you can go. it is notjust reaches any more. if you prefer your holidays to take place on firm land, you may not see an appeal but they are becoming more and more popular and the problem for tourism companies is you canjust and the problem for tourism companies is you can just as easily do this in berlin. people and families will do hiking in the mountains but also around berlin, beautiful forests and lakes. we have
an expedition people but it is more outdoor and families stop young people will do the rock climbing is in berlin. whether customers venture far all near, companies now think there will never be a substitute for there will never be a substitute for the real thing. what do you think about that idea ? the real thing. what do you think about that idea? send me your thoughts. we can chat about that on twitter. let's discuss hsbc, mark tucker has been appointed as its group chairman. shares are on the move in hong kong. he is due to take
over on the first of october, succeeding the man in role since 2010. mr tucker has spent many years overseeing the expansion in asia and one of the first importantjobs is to find a replacement for stuart gulliver who plans to step down next year. hsbc is europe's biggest bank but the bulk of its profits are generated here in asia and the bank has been through an overall two diverse and declining profits and put it behind a series of scandals. more than 40,000 jobs have gone and we have seen profits tumbling more than 60% last year. it has moved into more risky areas of banking. this year it reached a settlement with the us government related to
dubious mortgage lending and foreclosure during the financial crisis. in 2015 they were unacceptable practices which helped clients avoid tax. at $1.9 billion ina clients avoid tax. at $1.9 billion in a settlement over money laundering. investors are however like the news of mr tucker's appointment. she is going higher. —— shares. looking at the top story. decision day is getting closer for the dutch. tonight they get a decisive last look at the cannabis before making a decision on wednesday. the leading candidate in a final television debate. it is the first of three big elections in europe casting uncertainty over the continent. the next one to follow is france and then germany in autumn.
financial markets are following them very closely. the incumbent, mark rutte, faces a challenge from geert wilders but there is great fracture and it gives uncertainty to the outcome. for the dutch, they are one of the wealthiest nations in the world. economic growth forecast to be steady at 2% with wages and growing which is again unusual. unemployment is falling. foreign ownership has become a hot topic with the labour party, part of the current coalition, proposing the government should be able to block ta keovers government should be able to block takeovers not in the national interest. am joined by the senior
a nalyst interest. am joined by the senior analyst at control to give us his reaction. what is your take on what the key issues are for voters and how cannabis have been playing that? the number one issue is clearly immigration and integration particularly of muslims. geert wilders has sought to make that the only issue. it is almost like the right to elections. one in which the world is looking at and looking at geert wilders. the other were education, job and economy is still the key for the dutch. we touched the key for the dutch. we touched the top of the iceberg in the introduction but the economy sounds
fairly healthy, wages going up, incomes high. voters would like to see more acceleration in wages after a fairly prolonged period but they are doing better than most other european economies will not it is a matter of cementing... we are still almost in the recoveries since the globalfinancial almost in the recoveries since the global financial crisis in terms of macro economic data in europe so they would like that consolidated, greaterjob they would like that consolidated, greater job security, they would like that consolidated, greaterjob security, you mentioned the campaign to limit the rights of ta keovers the campaign to limit the rights of takeovers as well. what will happen on wednesday... i know i am asking you a difficult question laughter most likely the party of the
incumbent prime minister mark rutte will be beckoned at with the party of geert wilders but neither will get more than the required majority percentage so it will be a long and arduous the —— negotiation process. it will be a broad coalition with and possibly the greens involved. what about the risk for the eurozone and the eu? the idea that brexit and trump equals geert wilders is far—fetched. i think it will remain european. the labour party is struggling a bit but they may hang on. essentially it is a business as
usual. thank you for your time this morning and we will keep you across every twist and turn. market very quickly... a big week forfinancial markets because we have the elections on wednesday and the us federal reserve will make its decision on borrowing and most believe janet yellen will decide to raise the cost of lending in the us for the second time. that is a massive event. the uk and japanese central banks meeting also. stay with us we have the news review very $0011. police are launching an unprecedented appeal at the supreme court against a ruling that it failed the victims of one of the uk's most dangerous rapists. judges said scotland yard had breached the human rights
of two women because officers didn't properly investigatejohn worboys who was jailed for life in 2009 after committing more than 100 rapes. our home affairs correspondent dominic casciani reports. a trusted that driver but one of the countries most dangerous rapist. john worboys attacked more than 100 women, hunting them down late in london with an elaborate trick. he would show them a bag of cash claiming it was a big gambling win and offered them champagne. few remembered what happened next and police it not take their complaint seriously. one of his victims and her recount the smiths. seriously. one of his victims and her recount the smithslj seriously. one of his victims and her recount the smiths. i had the officers who looked at my case taken it seriously, they would have known substantial pieces of evidence. they did not do that and so many more women went on to get harmed.
ruling by the hardcourt says scotla nd ruling by the hardcourt says scotland yard breached the human rights of the women. the court is challenging that unprecedented ruling. this case is really important because women need to be able to hold police to account when they fail as catastrophically as they fail as catastrophically as they did in thejohn worboys case. if they had listened to the women and followed their policies, it is likely fewer women would have been raped. as it was, he was left on the street. they argue important legal principles are at stake. if the justices ruled against the met, it could have profound effects about how they approach sexual crime. coming up at six o'clock on breakfast — dan walker and louise minchin will have all the day's — news, business, and sport. the top stories this hour:
iraqi forces have retaken a third of western mosul, the largest city still under the control of the islamic state group. but fierce fighting is threatening the city's civilian population. turkey's president has called for international sanctions against the dutch government after it barred two of his ministers from making political speeches in rotterdam. recep tayyip erdogan described the netherlands as a "banana republic." now it is time for our news review. sally's here. what's making headlines around the world ? our first paper is the independent. it reports on the diplomatic row that has emerged between the netherlands and turkey. i mentioned that a moment ago. it says the two countries are in a "tense standoff" following president erdogan‘s accusation that "nazism is alive in the west."
the comment was made after two of his ministers were prevented from campaigning in the netherlands. "eu workers must stay." that's on the front of the times. its headline refers to a letter from 35 university leaders to mps pleading for eu citizens to have the right to stay in the uk after it leaves the european union. it comes ahead of a vote on a brexit bill in the british parliament today. with the first round of voting in the french presidential election coming up next month, le figaro looks at one of the main candidates, francois fillon. the paper says he's currently third in the polls with just six weeks to go to convince voters of his plan. the financial times reports that iceland is to lift capital controls on tuesday, almost nine years after they were imposed following the country's banking crash.