Business Matters

Trump plans to hike military spending by 10%

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Donald Trump plans to radically change government spending, increasing the defence budget by 10% paid for by slashing domestic programmes and foreign aid. We hear from Sharon Parrot of the independent Center on Budget and Policy Priorities in Washington DC.After the Oscars 2017 'Best Picture' mix up, we discuss how the accountants at PWC managed to mess the winners up with Erich Schwartzel, film industry reporter at The Wall Street Journal.We hear from the BBC's Yogita Limaye on how the withdrawal of high value rupee notes has hit agriculture and industry in India hard and Lucy Kellaway of the Financial Times gives us a masterclass in the art of persuasion.All this and more discussed with our guests throughout the show Ralph Silva in Toronto in Canada and Daisy Guo in Shanghai in China and Rahul Tandon in Kolkata.(Photo: US Military Parade. Credit: Getty Images.)