Saudi Announces Budget Amid Oil Price Tumble

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Saudi Arabia announced a record budget deficit of $98 billion for 2015. We talk to the BBC's Beijing correspondent, Danny Vincent, as the chairman of one of China's largest state-owned mobile operators, China Telecom, is being investigated by the country's anti-corruption watchdog. And unseasonably warm weather across the northern hemisphere has left some of Europe's biggest resorts short on snow. We talk to Benjamin Blanc, who runs the resort of Val Thorens, in France. (Picture Credit: Waseem Obaidi/Bloomberg via Getty Images.)