Transcripts For RT Boom Bust 20240713

On a virus has infected more than 2400000 people globally its taken more than 160000 lives while some countries are seeing a flattening curve others are still seeing a surge in new cases coppa 19 has infected more than 766000 americans while thats in the u. S. Have topped 40000 new york state which is finally seeing a drop in new cases announced that its going to begin aggressive statewide Antibody Testing this week protests continue across the u. S. Over shelter in place orders amid pressure on governors to reopen local economies at sundays briefing president hell use the defense production act to increase manufacturing of testing swabs while working with governors to reopen their economies are with the governors doing a better job than others. Capacity that weve brought online will empower governors to deploy sophisticated strategies so they can safely reopen their states. Some people believe in. And other people believe it less strongly but still its a very good thing to have the us remember that the governors wanted to have. Total control over the opening of their states but now they want to have us the federal government do the testing and again testing is is local you cant have it both ways when u. S. Governors are in conflict with President Trump and say that testing is still an adequate and not adequate enough to lift restrictions or President Trump raise the question whether china was knowingly responsible for the global spread of the coronavirus on monday Chinas Ministry of Foreign Affairs spokesperson gang schwanke responded by calling for international unity. Would die young other countries china has been attacked by the virus and is also a victim of the virus we are not the corporate nor the accomplice of the virus in the face of a Major Public Health crisis and threats of Infectious Diseases the International Community should stay united rather than blaming each other for rushing to hold someone accountable or demanding compensation i dont remember where there was such an International Practice before so People United states must understand that their enemy is the virus not china well some countries in europe are seeing signs that the coven 1000 and factions are slowing germany is reopening shops and easing restrictions as a country that toll fell by more than 60 percent in just 2 days and the u. K. Reached its lowest daily death toll in nearly 2 weeks but education secretary said there are no plans to open schools by summer time on sunday france reported 395 deaths its lowest number in nearly 3 weeks while italy reported 433 deaths its lowest in 7 days and meanwhile some businesses in iran reopened as the countrys daily death toll fell to 73. 00 that this is the lowest in more than a month but other countries are. Seeing an increase in its numbers singapore for example reported more than 1400 new cases in just one day raising the total to more than 8000 from the 6500 reported on sunday while peru reported to 15000 new confirmed cases but for context here the country reported its 1st case on march 6th and it took 25 days for infections to then reach 1000 well so far peru has more than 15000 cases and 400 deaths brazil is the only other country in latin america with more cases than peru but for more numbers and information on the coronavirus be sure to check out our portable dot t. V. s and look for the section tracking coronavirus. Now we reported 2 weeks ago that this Historic Oil Deal was nothing more than political the actrix making a whole lot of much ado about nothing well we said that it was not enough to counter the record inventory buildup and that prices will crush even more as the steel doesnt even make a dent well for a breakdown of how markets are starting this week lets turn to boone both cohost chris while the chips are down today as oil plunges below 0 kristie were seeing negative values here for the 1st time in u. S. History whats happening with oil. Well is there this is on record the biggest plunge ever that were standing by were down over 300 percent today from a to b t i contract now this price dynamic happens when producers actually have to pay to have someone take the crew as the cause is less then shutting down all of production so its kind of you know that the this is the environment that were living in this world where we live and have negative carry on crude and also negative Interest Rates those kind of a very interesting time in modern economics and now today we have the front and one just morning i would been saying for weeks came true that supply has far outpaced the man which has fallen and 36000000. 00 Barrels Per Day and now are coming close out of storage so global oil stored on land and at the is rapidly filling up and is currently estimated to have exceeded 70 percent brant however is very a little bit better as it is a water borne crude and tanker storage is still accessible however in contrast the b. T. R. Is completely landlocked in the us in canada and russia and about 500 miles from water brant is still under considerable pressure today down 6 percent but is likely to find some sort of support at 20. 00 per barrel given its strategic location so the main contract will expire tomorrow on tuesday but right now the entire front end of the futures curves look just as ugly the spread between front months is now at the white it ever in history speculators and paper traders roll their contract out well kristie the u. S. Equities market also continues to remain extremely volatile as it tries to find some direction whats happening there. Well we looked last a bit today as the market attempted to stage a rally midday as we got some indications that the pandemic is getting under control in the u. S. And that seems to be the near term issue on everybodys mind but then as we look a little bit further earnings and the aftermath then come into focus and thats when you start seeing the market get sold off again on the back of oil so right now the instability and oil markets bled over into equities and we thought into the close with the industrial heavy dow taking the biggest hit down over 2 percent the tech focus cues however seem to fare a little bit better down about one percent short sellers are now also coming back as the latest earnings and data brought to light the devastating toll of coping 19 ive had on the economy this recent rally was in large part due to a short squeeze as a huge stimulus package was passed in the 11th hour but now thats been shown to merely delayed the downturn the shorts are back stacking a bet against the s. And p. Short interest rose to 60000000000. 00 last week which is now the highest level in data going back to 2016 with the most heavily short a company now all within travel and retail christine you mentioned the relief package that the trumpet my station has said will be reached that deal by monday there seems to be more relief coming to this Small Business as an assistance to local state governments what do we know about that. So now after much pleading for additional assistance the administration is closing in on another aid bill to further help Small Businesses and hospitals around the country so it is now expected to include another 310000000000 dollars for the p. P. P. Program not ran out last wednesday in order to help Small Businesses survive the outbreak this is also expected provide another 75000000000. 00 for hospitals and 25000000000. 00 in testing now these measures are meant to be a bridge between phase 3 and face for their beliefs measures merely extending the life line a little bit more to get the funds to those who urgently need the aid now face war is what will include a big spending package and analysts estimate could cost about 1. 00 trillion dollars as it will provide assistance to states and. Polity thats well were looking for more stimulus help on this but for more analysis we are joined by t. E. O. And chief strategist for equal intelligence and former Federal Reserve insider danielle de martino whos danielle thank you for joining us today more stimulus actually is it going to help at this point are these packages even being deployed correctly or is all this just a little bit too late and extending the rope for a little bit more and just trying to delay the eventual crash that many people are expecting. Well you know whats interesting is that if you look at the p. P. P. Loans that were distributed from the original 349000000070 percent of them were for less for 350000. 00 or less so its apparent that the bulk of the day the demand was coming from very Small Companies even though weve seen some splashy headlines about much Larger Companies that have been able to get much larger loans so i think that im hoping the government has learned its lesson that it needed a separate program for really Larger Companies maybe that is what the Federal Reserves main Street Lending program will do but because the funds an issue we were exhausted you have to think that theres a backlog of applications sitting at u. S. Banks right now that are ready to go the minute that Congress Approves and we get we get the extra stimulus signed into law well yes especially as you said because it definitely looks like the Small Businesses really were necessarily taken account you have Companies Like ruth chris shake shack we just returned their money and you know a lot of these midsize retailers are really just getting screwed here now they dont qualify for a lot of these programs as it is theyre too big to qualify for the s. B. A. And they are too distressed to qualify them for the the primary market Corporate Credit facility thats aimed at these Larger Companies there are Companies Like macys and Neiman Marcus that are being forced to then go into bankruptcy whats going to happen to this industry if they dont receive the aid the. Retail accounts for the largest private sector employer. Youre right it is the largest employer in the nation and thats what makes this that much more of a tragedy unfortunately i would say that the coronavirus has acted as kind of an accelerant that you would but i want to fire Neiman Marcus it was well known last year was desperately struggling with an overhang of debt it had been you know its Balance Sheet was in a tatters so we knew that Neiman Marcus would be the 1st one to declare bankruptcy if there was any kind of a red swan or even worse a black swan event of this magnitude and other major retailers such as macys for years have been kind of doing this slow drip methodology of closing down stores 100 here and 100 there as opposed to really right sizing the company to what demand was for their traditional kind of Department Stores again its tragic and its awful and i hate to see these people lose their jobs and i do hope that the extra amount of Unemployment Insurance that is available via stimulus is of assistance to them but again these are some of these retail deaths have been a Long Time Coming a lot of people now also turning to Online Shopping in the last couple years but even more so now because they are still still selling rather than theyre saying the Department Stores will no longer not necessarily not exist but they are dying down but kristie earnings week continues as we have the group of Major Airlines that are reporting this week we all know that its not going to be good give us a preview of really whats to come. Well i dont think. And i guess just to put things in perspective in january there was about an average of over 100000 flights every single day flying worldwide now last week there were only 28000 flights so in the u. S. Domestic life i was only just 10 passengers per flight and every single carrier has now been scrambling to cut out because and now entire sleeping ground it was booking revenues down over 100 percent year over year so we know things are bad and not looking to recover any time soon the Airline Industry on average takes about 4 years to recover from any sort of shock ive seen from 911 so we want expect to hear anything good come from them now but the biggest focus will be the aftermath what will the company be doing to rightsize the operation and the fleet once the coronavirus the over what efficiency measures will be in place and certainly a social distancing becomes more of the norm now these days downsizing to cram more capacity wont be an option anymore for airlines where lines are definitely struggling we have about a minute left but christine let me get this question and now despite oil cratering whats really holding the companies are the markets for now they traded pretty flat today. Well they try pretty flat but you saw the fang stocks actually gain a lot of decline as lead advances 3. 00 to 1. 00 and even so a lot of the tech stocks still manage to stay afloat so you have amazon and netflix both the clear winners however coming into earnings facebook might be a completely different story as they generate most of their earnings on at and as companies are struggling to stay afloat spending more money on as an ad read in commercials is the last thing on everybodys minds. Well you must cohost christi i and former fed inspired daniel de martino both thank you so much i mean only time will tell like weve been saying for the last couple weeks but markets seem to be. Holding pretty well except for unfortunately oil all time lows hopefully we can come back from this and not in the slow recovery that we were werent expecting but time now for a quick break but hang here because when we return as more people and companies go online to work competition is growing for Cloud Computing and maybe looking to make a run at amazon and even microsoft as we go to break here the numbers out there. Is youll be a reflection of reality. In the world transformed. What will make you feel safe. Isolation little community. Are you going the right way or are you being led. What is true. Is faith. In the world corrupted you need to descend. To join us in the depths. Aura made in the shallows. Has changed lives the pharmaceutical companies have a miraculous solution. Based drugs the people who are chronic pain patients believe that their open. Is working for them on the remedy be sent to. The. World through dependency on addiction to opiates the long term use that really isnt scientifically justified and ill study actually suggest that. The long term effects might not just be absence of benefit but actually the because we want to. Sell bananas is to plan a chain on us to continue a little spike that sent me a and. With nothing to own that i desired to know. How much although the. Local just didnt. Use them or push it under. You produce not just one puts the most in your will not on one level so there is to stuff it takes to do what you. Want to. So what weve got to do is identify the threats that we have its crazy to from day shouldnt let it be an arms race off and spearing Dramatic Development only mostly im going to resist i dont see how that strategy will be successful very critical time time to sit down and talk. Theres no question that the coronavirus is indeed changing the way that businesses operate and its also placing new focus on digital economies as well one example of that is the new focus that online marketplace is now placing on building out its Cloud Computing division the Global Leaders in that space are amazon and microsoft is now going to make a major run at them joining us to discuss is bloomberg and investigative journalist ben swan ben what kind of financial commitment are we talking about here by. Well actually its a pretty massive commitment were talking about the equivalent of about 28000000000. 00 of alibaba is going to roll into Cloud Computing essentially saying that this is the next frontier this is where the Company Needs to be and theyre making this kind of double down investment as you just said based on the fact that they say with the coronavirus right now that there is more of an opportunity in this Digital Space all of bob as we know is kind of a amazon right sort of platform ecommerce online marketplace its somewhat remarkable how ali baba sees its future is now back in 20000. 00 danielle is the c. E. O. Of alibaba told the n. B. C. Quote i think cloud will be the Main Business of ali baba in the future and quote this was back in 20 team but why are Companies Like amazon so focused on these Cloud Services well because its a massive new space that theres so much room and so you still consider the fact as you said that alibaba and amazon are essentially the same company in terms of being these online retailers where you go in there in your buy stuff online have a sense your home whats interesting about these companies is they have very similar trajectories in these other spaces they want to involve themselves in the difference between Amazon Amazon an hourly bob is that alibaba is primarily has its strength in obviously asian markets and specifically in china the number one market place in china. It was on globally is larger and in this case and certainly globally larger in terms of Cloud Computing but thats where alibaba sees an opportunity so theyre saying this is a 100000000000. 00 opportunity just in china itself to take over all that Cloud Computing because what theyre seeing is the move from so Many Companies to move over to these kinds of businesses that competition where things are comparing it to amazon but how important has Cloud Services like amazon a the u. S. Then become now to that company well yeah and thats and thats kind of the whole point here amazon obviously is a Massive Company doing a lot of Different Things 8 of Us Amazon Web Services its Cloud Service and Cloud Company and essentially amazon seasoning just a minutes amount of profit coming from the someone give you some numbers here so get this Amazon Web Services right is the cloud because it brought in net sells of 8380000000. 00 just in the june quarter of last year of 21000. 00 thats 8380000000. 00 but at the same time 8 of us accounts for 60 percent of the total operating profit for all of amazon so 60 percent of that companys and higher profit is coming from just its Cloud Computing not from the stuff that youre ordering online and you would think the opposite actually here so im sure that ben ali baba really is giving amazon and microsoft as well a run for their money well see how well they do but they seem to be looking like theyre pretty prepared for this boom bust cohost and so on thank you very much sir things. Playmaker giant boeing is in the headlines once again will now battling at 737. 00 max order cut thats right china just cancelled an order of 29. 00 undelivered 737. 00 x. Jet as boeing shares fell more than 3 percent on monday but boeing has lost more than half of its value this year and for more we bring in our t. Correspondent. Thanks for being here why the sudden move from china. Well sir basically the short answer is because of those 2 fatal 737 max crashes but then you also have the coronavirus you know these check this Chinese Company actually just released a statement saying in quote in light of evolving Aviation Market dynamics weve been working together with boeing over many months to recalibrate our max order book to be in line with our long term view of the market and related opportunities now the Company Order 29737 max planes as you mentioned sara and those are priced at about 2900000000 apiece last year authorities ground at the max after those 2 major fatal accidents were 300 people were killed or more than 300 people and boeing was hoping to return to service this summer but the pandemic is actually virtually shut down air travel and adding more to that sara china isnt the only one to cancel their orders were talking canceling 150. 00 jets alone in march but they did have an order to make 31. 00 jets but those are for military aircraft and one is actually a freighter for fed ex but then just in the past day you had a big order come in from germany with the countrys defense minister confirming their decision of ordering 30 f. 18 Super Hornets and 15 growlers now boeing did report to the Hong Kong Stock Exchange that it also has 70 orders for the max planes but they will be changed to these smaller max versions and 20 of those planes will actually be delayed until 2024202520 extension 26 want to go and we know that 737 max has been granted for quite a while they are trying to get that back in the air since possible but fair in Washington State specifically the seattle region was one of the hardest hit by the crown of iris at least at the beginning boeings 4th person said that there will be safety precautions in place theyre going to reopen their boeing facilities there but employees will be tested for the virus right youre in youre talking 100 or 161000 employees but 27000 are actually going to be going back but its not going to be business as usual for those workers boeing is the very 1st business actually on a large scale to get back to work since. This all broke out but its not going to be business as usual now during the weeks long shutdown boeing actually went through and did a deep cleaning at their facility near seattle but in light of the outbreak now going to have employees come in on staggered shift times theres going to be marks on the floor for that 6 foot social distancing were going to have to wear face masks and theres also going to be wellness checks every single shift where you will see those a ball and terry temperature screenings now Washington State is still under a stay at home order but boeings Assembly Operations are considered essential business which also makes them exempt now monday workers for the 7377476777 extension 7 those workers for those planes are going to be back at work with most of those 27000 employees returning to work by wednesday a lot of employees are hopefully we dont see a spike again in these cases in the area now part of the coronavirus stimulus bill includes 25000000000. 00 right in stimulus aid boeing and how many are angered from both sides the political aisle was a 25000000000 going well its funny too because you know a lot of people were arguing not to give that money because they said that they were failing before this whole pandemic even started but there is going to be conditions with that 25000000000 namely that that money can only be used to continue paying their nearly 161000 employees all the way through to september which means they have cant have any job cuts or layoffs now when the bill was signed President Donald Trump he actually recognized boeings failures but said that it was important to keep them afloat listen here we have a great plan for the airline its going to keep the early to go you know its never been a Good Business but its a very vital business for the country we cant let anything happen devoting. You know so much potential you talk about potential can anything have more potential than that. Now sara boeing c. E. O. Says that as far as reopening now and there are new Safety Measures that are in place the company is in uncharted territory and could forever change the business and the industry because of this pandemic but boeing is taking it day by day and theyre hoping to come out strong and competitive throughout all this and when you look at these plane makers you really have not much competition i mean theres boeing and then theres the airbus right so so boeing somehow needs to exist right in this type of of the center somebody who comes in thats going to start making planes isnt going to be competition to boeing has been around for exactly right now you have air bus thats halted too so its kind of like everybodys at a standstill and maybe the only possible way they can get ahead of this is by ramping up business again and going back to work but heres the problem there ok theyre good theyre going back to work and yes theyre taking service certain safety precautions but will that be enough and planes are grounded well thats one of the things that they were talking about is actually these Assembly Plants they are built to be you know very you know pristine where its supposed to be you know that your son was supposed to be easy and they said that by adding in all these different precautions it might actually slow production a little bit because youre going to have all these other elements in there that are going to kind of get in the way of what theyre used to doing well and then if they end up killing or taking more money its going to cost them a lot more and how much stimulus is the government actually going to give boeing and are we going to see them like many other industries eventually ever declare bankruptcy something that theyre going to be down the stock is going to go down to 60. 00 a share right now it was about 147. 00 or so but well see well have to follow and continue to see because i doubt the governments going to let them sink let just for the time but you can catch boom bust on demand on the brand new portable t. V. Up available on smartphones through google play and the Apple App Store by searching. For 3 months by your t. V. By downloading the portable t. V. On apple t. V. And online a t. V. As always check it out on youtube dot com start to see. Next time. Pain has changed american lives but pharmaceutical companies have a miraculous solution. Based drugs talk to people who are chronic pain patients and believe that their prescription is working for them on the remedy be said to to. Price that they pay closer dependency and addiction to opiates to long term use that really isnt scientifically justified and ill study actually suggested that the long term effects might not just be the absence of benefit but actually that they might be causing long term. Tax ties or financial Survival Guide stacey lets learn a salad fill out lets say im not sure i get any or at least im greased on base of the fight wall street fraud thank you for helping. Destroy thats true if the debt slavery. Welcoming our viewers from around the world live from Central London this is all to u. K. Britains coronavirus daily death toll rockets back up to over 800. 00 as the office for National Statistics reveals that the true number could be 40 percent higher than government figures thats of the brow continues over the shortage of protective kit for frontline staff and one doctor tells us the government should simply be straight with the. Boy do we say look just tell us the truth. Or just say that you know we we would much prefer that then the constant cognitive feels like no concerns about the coming. Academics warn that Government Apps designed to track newly infected coronavirus patients will fail unless they also respect user privacy we hear from one of them surely. The family you see keith palm assumes Scotland Yard over the death of the officer during the westminster terror attack 3 years ago. Also this hour School Closures intensify the divide between the countrys richest and poorest peoples says the report ill be speaking to british politician and former teacher david cook and about the findings later this hour. Its another deadly day for britain as the 24 hour coronavirus death toll soars back up to over 800. 00 for tennessees thats after it emerged the death rate is up to 41 percent higher when including norm hospital fatalities meanwhile Health Bosses of want it changing official advice to make the public wear face masks could lead to even greater shortages for their workers with ministers already under fire for failing to procure enough protective equipment and he joins me now. Another big rise in deaths here in the country and its likely to be far higher than that. Yes absolutely we saw the data figures released yesterday for the u. K. That were in the higher for hundreds but today we know that there are 778 deaths in england alone seventeens gotten 25 in well thats 873. 00 without taking into account the night and that means thats not so large almost double rice on the day on day total of those who have lost their lives not going to have been as suggestions that of course the governments own released figures dont tell the whole story we know that the government figures are only those in hospitals who have died after testing positive for kind of it 19 but the o. N. E. s the office for National Statistics they have their own figures and theyre a lot higher than those recorded by the government you know in a suggest that the actual corona virus death saw 41 percent hiring in the wales compared to those of the Government Hospital figures just over 13000 deaths were recorded up to 8 to 10 according to the ins the department of Health Figures only reported 9000 in the period in hospitals just over 600 deaths occurred outside of hospital with a of 1000 folds of died in counties alone and theres also been 8000 excess deaths asked in the time leading up to april 10th thats the best and 8000 more than the 5 year average and thats the highest weekly total since 2000 so it just goes to show that the extent of death figures as a result of those who have tested positive for code at 19 and also now the differences in those numbers between those really speier the department of health and the office of National Statistics and he said the government still on the far over protective equipment. Absolutely sort of the weekend the government coming under fire because a number of shipments had arrived in the country according to some sources and the shipment which was supposed to arrive over the weekend hadnt even been ordered yet and it was then its been delayed and theyre expecting that it wont arrive by the end of play today either now of course there have been many consensus to where to put the very scarce p. T. E. Equipment present tense the quitman went to direct it now there have been calls from some quarters to members of the public to be told to wear last however and it just buses and downing street both agree that that wouldnt be the best way forward because it would already put a strain on what is a very scarce resource and could mean that key workers n. H. S. Front line workers the so on wont be able to access that its members of the public are buying up now just this afternoon weve seen parliament sits in again and theyve been voting on a number of motions at the chamber to do its work virtually in passing motions that would allow at 50 entries only in parliament at a time and 120. 00 to be able to operate or to take part in proceedings using the zoom conferencing app and of course there are 650. 00 m. P. s in parliament in total and so there are concerns that some m. P. s wont be allowed to take part in the banks and that was something which taken recent himself said he didnt want to see happen because he says that for almost 700 Years Parliament has been allowed to sit almost unimpeded throughout that period and he doesnt want to be the one to stop that however it must be said this is a map itself that doesnt auctions a lot of 500 participants to take part and at times its unclear exactly why the government finally limits the 220. 00 is thanks very much to that hospital staff a fed up of broken promises and simply want the government to be straightforward about any shortages and cant. Were getting a bit tired of of hearing its on its way what we need is we need to be able to go to work reassure that the people will be there and that were protected when were doing our jobs and seeing these patients you know where putting our selves at risk we understand that risk of were happy to go along with entries of patients we just expect the government to to provide as was the right equipment and 1st of all is this pandemics been going on really weve been hearing that its on its way its a logistical issue the supplies are there we just cant get it to you book what point do we say look just tell us the truth you dont have it so its i just say that you know we much prefer that then the constant kind of what feels like nonsense about it coming advice all mosques being one public authorities dont tell people to wear them simply to avoid running out of these mosques then theyre not really taking science lead decisions over there are going. Yeah i think its really important that the masks are kept for Health Care Professionals but at the same time people can wear masks made of other things so you dont have to wear a suit you can mask you know a scarf or a piece of piece of cloth over your face is still effective in preventing you from infecting other people and thats the purpose of the mass its not to protect you its to protect other people so if other people wear it they have them protected you and vice versa so it doesnt have to be a surgical mask or a hospital mask it can be at home made makeshift mask what about reusing personal protective equipment thats been suggested do you think that is effective is that safe no its not effective nor is it safe and what it shows is that we dont have enough personal protective equipment. Coronavirus Contact Tracing apps developed for use by the likes of the n. H. S. Must ensure privacy is respected to be successful thats according to a joint statement from almost 300 privacy experts and academics who want the technology is doomed to fail if people dont trust it it is crucial that Citizens Trust the applications in order to produce the fish an uptake to make a difference in tackling the crisis it is vital that in coming out of the Current Crisis we did not create a tool that enables large scale Data Collection on the population either now or at a later time thus the lucians which allow reconstructing invasive information about the population shippey rejected without further discussion 1st used in singapore last month the Technology Uses bluetooth connections and smartphones to identify people meeting each other and storing a record of those contacts those who have come close to a newly infected patient are then sent a text with self isolation instructions at least half of the country would need to sign up to the for it to be effective unlike tech giants such as apple who are backing a decentralized Contact Tracing system the n. H. S. Specs an approach where data is uploaded and stored centrally but despite concerns over bulk data gathering just as secretary Robert Buckland told m. P. s that the technology would be limited you know were living in the same time when we have access to the i think some good treatment of our liberties if we go down this route we do so in a considered and travel way but in a way that is functionally limited which will i believe prevent the sort of mission that you are. Terry would. Resist undraped one of the joint statement signatories professor. Has joined me earlier and he told me the previously was just one of the obstacles for digital contact tracking to be successful. It would be even impossible in many cases for someone to recall everyone but they had close contact with over lets say a period of 2 weeks so thats why i made in this process can be can be much more effective and of course you think i might be interrupting confidentiality thats an issue isnt it because the n. H. S. As its working to ensure privacy is protected and we we really have to trust that it is dont we exactly and thats a key differentiate it or of the 2 major approaches for automated Contact Tracing right now so the 1st one is a centralized one and this is similar to what has been used lets say in places like south korea and singapore where basically the idea is that you have an app that runs to your phone and then once youre diagnosed with a disease is going to upload information on the server that may contain location data or may contain information about other phones that you have been in contact with and then someone would use that information calculate the risk of the individuals that were in contact with you and then they will not be find themselves or that this happens now centrally and of course this is a ok carry on carry on so that i just want to make the distinction between this central calculation that happens here to a decentralized got mission so in the central like in the decentralized case for example as in the case of the google apple proposal that i think many of your viewers have already know that is is currently in development what happens is that the calculation of the risk that you might be infected or you might be in close contact with someone whos diagnosed happens when your fall so basically there is still a server but the information which is abroad on the server is not identifying so this is a much more privacy enhanced way of doing this its all about people taking part this is clearly a crisis is Devastating Society but will people actually use this will they be bothered to do this to take part. Exactly nothing this is a very important point is can only be effective if its adopted very widely by the book selection and we are at the very good position to try to do that because smartphone penetration in the u. K. Has very high is over 85 percent but its still very important for people to download the app and use it so privacy is only one ofr are they die mentions which are important here. Lets take a look at the latest update from across the u. K. Me the number of coronavirus fatalities in hospitals is past 17300 with over 129000 cases confirmed the scottish 1st minister said that the economic harm is not enough reason to end the meltdown despite admitting scotlands economic output could shrink by 3rd thats as the Welsh Health Minister warns that p. P. P. Stocks in wales are only enough to last for a few days. Still to come this hour a report highlights the worsening divides between britains richest and poorest School Children during the down ill be speaking to british politician and former teacher david kirk shortly. If. Anything. When i was told small seemed wrong all right old old just dont call me old baby yet to say proud just being a comic educating and in game training equals betrayal. When so many find themselves worlds apart when shes to look for common ground. A leading British Academic claims that the lockdown measures could end up doing more damage than the virus itself professor carl hadden of Oxford University claims the prediction models that guided the lock down measures are out of date it was just as random sample testing could provide a better understanding of the virus it comes as academics from University College london claim that the lockdown could be easy as early as next month they say the economy can gradually be reopened using a traffic light system the red phase would run from may the 4th until may the 25th small shops and local businesses could open the amber phase would last until june 15th and here families would be allowed to visit each other in their each others homes although large gatherings would still be banned and schools could reopen for exams and protective masks would become compulsory on public transport the green phase from june the 15th was the pubs restaurants gyms and nightclubs reopen and large sporting events would be given the go ahead u. C. L. Have submitted their proposals to the government but Cabinet Office minister Michael Goves said on sunday this approach isnt being considered when it comes after the u. K. s chief scientific adviser says the data used to determine policy wont be revealed just yet its a pattern of violence claims at the close minutes of key meetings as well as scientific findings will be made public but not until the virus is under control. Or meanwhile tensions over lock down measures continue to mount around the world with protests staged worldwide against extended curfews and they have been riots in the suburbs of paris leading to violent clashes between residents and the police. There have been karsh is between police and local residents in the northern suburbs of paris this came off the tensions were raised during the logs and after a motorcyclist was injured following a chase after police had tried to check the motorcyclists documents now claim that the police have been particularly heavy handed with enforcing the rules during frances Strict Lockdown there have long been standing issues between the police and residents in the northern suburbs of paris this is something that has been going on for a very long time its an area that has many high rise buildings at these social housing and they have always main the immigrant populations and many of the people who live in this area say that the police have made them victims in the parks in regards to the harsh treatment that they have received in the scenes that this lockdown is just fanning the flames of troubles that have been there for a long time now france isnt the only place of this seeing some tensions and made the lockdown over in neighboring germany they have also been protests there. Was was good now cause i was although the confinement is being eased gradually in germany not everything is being allowed to open up and not play. Tickly been a bug bear for the owners of cafes restaurants and bars who have been staging their own protest in the city of dresden what they did was take out the chairs from the cafes and restaurants and put them up in the middle of an empty square in the city theyre unhappy about the economical impact of the pandemic on their businesses particularly and those concerns about an Economic Impact all of the pandemic of the corona virus and the methods that have been taken in regards to mocking countries down is something that the sparked protests across the world. But not. I even the United Nations has warned that the pandemic could pose further problems the pandemic also poses a significant threat to the maintenance of International Peace and security potentially leading to an increase in social unrest and violence that would greatly undermine our ability to fight the disease well as the lock downs continue the anger of some particularly those who are living in small apartments with possibly many others all living on little to no income those tensions are just simmering away and while the world is looking for the light at the end of the tunnel in regards to the cove it 19 pandemic there are also those who are concerned that this new dawn could actually bring in a world where they will Face Even Greater inequality and the could push them further into misery. The metropolitan police is facing a legal action over the death of p. C. Keith palmer during the westminster terror attack in march 27th seen from the family of the officer arties shot it was dusty has a story. The metropolitan police force is facing legal action over the death of p. C. Keith palmer who died during the terror attack back in 2017 right here at the gates of parliament michelle palmers offices which is now accusing Scotland Yard of failing to do more to protect her husband leaving him in her words alone. And having to guard and. Palmer was one of 5 that was killed in the attack by helen. 82 seconds to drove across the bridge from the opposite end plowing into many protests before finally crashing into parliament its then that he descended from his car and fatally stabbed to 12 inch knives p. C. Keith palmer his rampage only came to an end when he was shot dead by armed officers the chief coroner ruled the palmer could still be alive this marksman close by the nearest was 18 yards away. From that due to shortcomings in the Security System the armed officers were not aware of requirement to remain in the close proximity to the gates the inquest also heard evidence revealing that a senior officer had raised concerns about the positioning of marksman then there were also allegations that m i 5 should have been monitoring the suit was a must in combat at the time more closely with the Security Service refuted at the time of the inquest but on top of all of the metropolitan police itself has refused to accept responsibility the case promised and hasnt responded to this latest action except to confirm it has received the notice of it but did apologize in the aftermath of the inquest the chief coroner has plainly carried out a rigorous. And we reservedly accept his Conclusion Even the possibility that the m. P. s lost the chance to present a brave and courageous officer is unacceptable for the loss of the possibility to protect him from masood we are deeply sorry security outside the palace of westminster has changed a lot since the attack but thats true and its all too late for 2. Promise went there on his young daughter but now the metropolitan police could be for if not just to express regret but admit liability hard to address the r t u k london. As is to break comes to an end one report is highlighting discrepancies between private and state School Students when it comes to Home Learning during lockdown. A certain trust report highlights the 3rd of students are participating in remote Online Learning but its findings show that those from private schools are twice as likely to take part than their state educated counterparts report says that 60 percent of private School Pupils are able to Access School work online that compares to fewer than a quarter of those who are state educated while 45 percent of School Children are in touch with their teachers the figure rises to 80 percent of private secondary School Students and over 60 percent of private primary School Children when the data is it to be confirmed for the reopening of schools and the education secretary says that 5 tests will need to be met including a 4 in infections and deaths is comments followed reports of plans to open schools as early as may. Well to discuss the findings in more details im not joined by british politician member of the London Assembly and former teacher david good to see that david good afternoon now private schools appear to be fairing a lot better than state School Students in this lockdown but of course the present if anything it should level the Playing Field a bit everyone has similar resources that well thats not actually true i think private schools d say the parents essential to private schools do pay and they pay very very handsomely for that service in a good feast of private schools can be upwards of 10000. 00 pounds per ton so i think private schools have really got into gear to actually provide whatever value they can for that service because parents are continuing to pay thousands of pounds for their children to get an education so theyre going to put in place all the measures that they need to to keep their ins happy because its a different dynamic where to send out to say sorry but so much information is Available Online so why isnt that accessible for the most well i think that information is Available Online on the internet is available for everybody who wants to look at it but i think that the difference might be the private schools independent schools will be directing their students and providing. Tailored lesson content on a much more regular basis for their students and pupils during this lockdown period whereas the state schools 93 percent of the children in this country go to state schools probably dont feel such a necessity to do that in terms of needing to provide a service for their money which is being paid by parents who have to pay fees that just simply isnt the case with state schools but you do have discrepancies even within the state system because in many ways some schools are funded very very well some schools are not for. And its that well and because of the way schools have been funded due to a formula which is not the same formula over the whole country you do have various such is Merseyside Hall and other places in the north of the midlands particularly where schools are really struggling and dont have the money to. You know provide Music Lessons and so on in the normal time so they certainly dont have the resources to put together special resources for this period of time when theyre in lockdown and that had to spawn late talk of schools reopening pretty soon but of course weve got to keep families and even teach a safe family we mustnt jump the gun well i think disco also be one of the 1st things that do reopen i mean before there was the lockdown you have the statements and the advice from the. Medical and scientific offices actually say that closing the schools would not make too much difference in terms of the transmission of the virus so keeping the schools open would not be that dangerous and that was before the lockdown so i think that then one of the 1st things that are going on so what about the advice consenting to some people being present and thats the spreading of the infection well i think that was what they were saying to the beginning of march is that they really wouldnt be that much of a danger of peoples and teachers spreading the infection they will be a little bit but i think when we come to unwinding the lockdown theyre going to go back and say you know this is one of the things that is going to be the safest things to do cops say safer to open schools and for example to open sports venues and consoles and cinemas say. Thats a good thing because the sooner we get the schools back open again the sooner or peoples will be able to go back and restart their education thanks talk to david thank you very much indeed for joining us they become meth and thats it more news on the hearth and of. 20 or 30000000 people unemployed now the question is why have they saved why dont they have a state thats a very important question that we need to look at. Something man has used in Climate Change on us to continue a little spike that same day and. With nothing to go on that i desired to know. How much although there are some. Local just to. Show. You some more. You produce not just one thoughts and you will not on one notable not so the least. Is your media reflection of reality. In the world transformed. What will make you feel safe. Isolation community. Are you going the right way or are you being led. By. What is true. In the world corrupted you need to descend. To join us in the death. Or inmate in the shallowest. Greetings and sal you take shit you know i opened up the Merriam Webster dictionary today and