Transcripts For RT Boom Bust 20240713

Its time for western got worse i was having children fever i didnt have any sense of say source now im in the most you know and the world would you. Recently she was under the orders you to. That was simon is on the ground 0 for research. I have to. Push myself how close are they for me in the 5 days im going to. Go. This is the one business show you cant afford to miss friendship or in washington coming up i could go to the wood to come to get in so many dotty and national you need to come from this pond and meek as the pandemic continues to take a toll on Global Health and well the w. H. O. Is calling for unity to combat the cold but 19 outbreak straight ahead we break down the global numbers and how International Markets are reacting plus boeing is back in the headlines after scrapping a joint venture with temporary we bring you a live report on the Aerospace Giants latest move and Oil Continues to sink as storage nears capacity amid the massive decline in demand we take a look at the petro sector and what lies ahead for energy we have a packed show today so lets dive right in. As the worldwide total of corona virus cases has officially clips to 3000000. 00 the World Health Organizations director general on monday addressed the easing of lock downs in europe due to the klein new cases on the continent. The new hope is was declining numbers of new cases we continue to countries to find isolate test and treat all cases and travis. These declining trends continue. But the pundit mickeys far from over w. H. O. Warned that while western europe may be seeing declining numbers there is a concerning upward trend in africa Eastern Europe latin america and some asian nations the director general also spoke about the importance of the world coming together to fight this and future pandemics i continue to call in for the wu to come to give the audience only dottie and National Unity to come from this pond and meek but also to prevent the next one and to build safe and a fairer would for everyone everywhere. United the virus we exploit the cracks between us and continue to create havoc. Lives will be lost and even life is very precious and as were seeing more governments prepare plans to use these lockdowns lets take another global look at the spread of the crow virus with our teeth correspondent side cabbage or so where are we today so brian numerous countries around the world are actually in the beginning stages of managing the Virus Outbreak now that doesnt obviously mean that people arent getting in fact that it just means that several countries are slowing the rate of infection out take a look at countries like a u. S. U. K. Spain italy Germany China and france now theyre all slowing their rate of infection which means theyre actually the trends are flattening on the curve and my flattening the curve means in other words preventing and delaying the spread of the virus so that large portions of the population arent actually sick at the same time so all in all the very good news brown you know as were seeing some of this flattening of the curve as they say what are some of the actions governments are taking to ease some restrictions reopen economies so here in the u. S. Americans are showing signs of quarantine fatigue which basically means that americans are venturing out of their homes more of war the 1st time since social distancing guidelines were put in place in mid march and with more than 5055000 deaths and almost 1000000 confirmed cases some states are already planning to ease some sort of restrictions like for example a georgia the fastest state to ease restrictions is already has allowed hair and nail salons small shops and gyms to reopen last week and today people in tennessee will be allowed to dine out of restaurants for the 1st time and. Missouri is planning to allow almost every business to open next week now new york has also laid out a plan for a gradual reopening of low risk business a starting in mid may then looking globally there are spain the European Countries with the highest number of deaths after italy which reported its lowest death toll in nearly 5 weeks on sunday and then at that same day on sunday children were able to actually go outside for the 1st time in 6 weeks and then we have switzerland where beauty salons open up their doors today and shops are actually selling for the 1st time other things other than food then we have a neighboring country germany and theyre also gradually easing some restrictions with playgrounds said to open later this week and theyve also made face masks mandatory in shops and Public Transportation and theyre giving out fines between 2510000 euros if violated then we have the u. K. Where Prime Minister Boris Johnson is back at work today after recovering from the virus where he announced u. K. s lockdown would actually remain in place and reviewed at a later time by may a 7th and italy has recorded their low with a daily death toll in 2 weeks and people are now allowed to actually move around their regions but not between different regions for example if you live in rome you still cannot visit relatives or friends in the milan but you could go ahead and mentor of between roma the city that you live in and italys also considering restriction commercial flights from other countries into italy but thats still not decided on but salons bars and restaurants are expected to be open starting june 1st and thats pretty significant considering that italy had some of the strict this lockdown in order to contain the virus and lastly brand argentina which has been under a not. The lockdown since march 20th and with over 192. 00 deaths already has closed its borders and blog entry to foreigners from affected zones which include a europe china and the us and theyve just expense extended the ban on toll september 1st but some activities are not permitted including a maximum one hour walks per day but only within 500. 00 metres of peoples homes r t correspondent sayas having her thank you for the update and a reminder you can always find the latest news and information regarding the krona virus on portable t. V. s kroto virus tracker. And its no big surprise that the coronavirus shutdowns have severely impacted their lives monday brought even more bad news for the 2 of the Largest Aerospace companies in the world at boeing and airbus in fact boeing shares traded lower on monday after the plane maker dropped plans for a 4200000000. 00 joint venture with Brazils Embraer now the deal was 2 years in the making but was canceled on saturday after a deadline passed to bridge gaps in the agreement between the 2 companies but embers says that it was boeing that wrongfully terminated the agreement joining us now to discuss his book the toast and investigative journalist ben swan has been following the story for us ben thank you for joining us on this why would boeing attempt to get out of this agreement if that is in fact what they actually did well i think that theyre trying to get out of it for a couple of reasons 1st of all remember as you just said there correctly so this is a deal thats been 2 years in the making and in 2 years ago boeing was in a very different position position that it is now keep in mind this was all before the 737 max jets began to crash and boeings production line went offline before boeing started losing out on hundreds of orders of new planes those orders to go in the air bus instead and then of course with the coronavirus and the fact that air travel has been so low you know no one could have predicted that and now boeing finds itself in an even tougher position but the real losers in all of this are going to be the staff of boeing about 16700. 00 commercial planes you know are have been grounded theyre not going anywhere as a result of that but we is also talking about layoffs for about 10 percent of its workforce which is about 160000. 00 people so youre talking about a massive amount of people who may be out of the job and boeing doesnt see how its going to be able to pull out of this so instead they cite irreconcilable differences on an agreement with amber in order to not be able to move forward and now boeing has actually a big week ahead in the next week boeing will hold its annual meeting report 1st Quarter Results and face the application deadline for a multibillion dollar aid package from the federal government what are we expecting this week here. Well its going to be interesting to see kind of how that plays out because obviously with the aid package boeing just wanted to be given a stack of money which doesnt everybody and they was a going to work out that way so they do have to apply for that money show how theyre going to use it but again when youre talking about a large amount of their workforce being cut you have to look at that and also question whether or not they should be given all this federal money if the because its really taxpayer money if taxpayers are going to hand over billions of dollars to boeing and yet boeing is planning to cut 10 percent of its workforce by laying those people off wheres the money actually going and where is it flowing to especially when right now air travel is not back and boeing has preexisting problems its not like boeing was humming along just fine when the coronavirus had these were problems of their own making and this is definitely been probably about an 800 to 2 year 18 month to 2 year issue for boeing really facing struggles and many of them of their own making and i want to take that away from them boeings biggest competitor the air bus told its staff on saturday that the Worlds Largest plane maker is bleeding cash it unprecedented speed and warned that its survival is in question quickly ben what does this mean for air bus and its employees the same thing but bad news for employees there about 3000 employees have been furloughed in france already air bus does not know how theyre going to continue to pay all those people theyve been trying to you know get those workers back to work as quickly as possible but in the over in france the union is the one fighting is a bus to say workers should not be back right now so again its workers who are being hurt more than anyone else right now boom bust cohost an investigative journalist ben swan thank you so much for that reporting. You got it. And markets worldwide are up as the prospects of easing lockdowns and reopening economies is leveling out volatility so lets get an update on what is happening with the toast other bilbos cohost Christiane Kris is joining us from Los Angeles Kristie thank you so much now were starting off the week pretty quiet i mean we were up you know the dow is up 400 yards or so today but this is going to be one of the busiest weeks on wall street what do we have to look forward to. Well today were actually up on the hopes that the economy will reopen soon so states including alaska georgia South Carolina tennessee and texas theyre all beginning to allow restaurants and other stablish rents to start to serve customers looking forward were going to be in the midst of peak q one earnings this week with about 173 Companies Reporting the big ones ive got to be alphabet starbucks pfizer facebook microsoft and apple theyre all slated for later on this week now last week has given us a mixed bag view with some companies weathering the storm better than others however this week will really be an indication of where the economy is that good acting right on the market indicates that traders are kind of prepared for another sell out as recent optimism has flooded the market back up into the overall territory now the magnitude of over 26000000 and unemployment is being lost here and the com you will feel some of the delayed effects of unemployment in the coming quarters and now on top of that we also have a couple big macro events this week the fed and the e. C. B. Are due to announce policy decisions following the b. O. J. Now the b. O. J. Went all in this morning launching unlimited q. E. They have gotten rid of their upper limit of about 743000000000. 00 per year and will now be purchasing quote as much as necessary so we will hear from the fed on wednesday and the e. C. B. On thursday to provide an outlook and what the response will be on how to continue to support the market the big question is what else can the fed do now with Interest Rates are already had 0 and buying up all the Corporate Bonds the only thing left is really what japan is doing right now and thats to start. By corporate stocks as well you know kristie i want to talk to a little bit about earnings because specifically about the Financial Sector here. Is actually surging on monday after beating 1st quarter estimates but it is warning of a 67 percent decline in profits year over year as you said we could have a lot of earnings coming up this week what are we looking at in that sector and overall because i mean youre saying that looks like we could have a sell off i mean is that really whats happening here. Well right now this statement from budget bank was a surprise it sent shares soaring up about 11 percent today they have had a challenging couple of months racked with scandals and restructuring and layoff about 18000 of that work force in its quote radical transformation and that restoring profitability so i mean confidence and sentiment in the name has gone down to an all time low here after the new or scandal that they were involved in last year to the point that it is now in the oversold territory and undervalued so now with its latest earnings front its giving investors confidence that yes this ship can u. Turn around and the restructuring plans to reduce and if it should sink are taking hold now so deutsche is kind of being used as the big canary in the coal mine now because it was already struggling last year before the coronavirus it so how it fares in the face of the challenging economic right now is going to be an indicator of how healthy european banks are so this will be right and im not going ahead of earnings on wednesday see where the final shots fall that most likely i suspect were going to get a mixed bag earnings review from the coast christiane thank you or just stick around here because we have some more stories straight ahead that we want to get your take on and time now for a quick. Type because on the other side the oil sector is still dolling in the wake of the drop in demand what could lie in store for energy going to break it all down and as we go to break here the numbers at the close. B because theres a Survival Guide lets stay single malt to start simply putting all the pieces. Dont forget the. Public know. Repatriations look at the last 7 years. Of the separate lives kaiser report. And welcome back u. S. Oil prices dropped by more than 25 percent at times on monday to the concerns that storage could soon reach capacity as Global Demand continues to plummet due to the corona virus pandemic west texas intermediate futures for june fell by 27 percent to below 13. 00 per barrel at at the low for monday and International Benchmark brant crude also dropped by as much as 8 percent going below 20. 00 per barrel so lets take a look at the state of oil and the commodities effect on the overall economy by bringing back boom bust cohost christiane and rick rule c. E. O. Of Sprott Holdings thank you both for joining us again here rick i want to start with you or oil is now moving into the endgame as we will hit peak Storage Capacity by about mid may now the u. S. Oil sector is decimated with only about 378 rigs out of 650. 00 still running what will remain of the u. S. Energy sector after all this is over. The u. S. Energy sector is a very very resilient sector but this will of course be. A real test the ritual is that people will still be trained and also believe we need to remember if you are in the oil markets if you are prices prices there in fact that were running so if you really means that the shooter is already being worked on remember the u. S. Production ridiculous or. The shale based production decline rates are extremely rapid so you will see production decline as a consequence of less sustaining Capital Investment in the restroom in the very near term of course i dont think anybody could have estimated circumstance where the consumption of oil would fall sassed as a consequence of the virus or being in winter as a consequence of consumption declines we would run out of storage there are literally is no place along the production and transmission line to cover any more oil and gas and its a circumstance that nobody could. See but the industry coming back yes absolutely the industry will come back itll be a mess. Markets are always messy markets always work. Our and our record i think is interesting because we dont know when this whole thing is going to be over i think you know initially when we saw oil go below 0 last week you know the reason that was mostly because people said oh by june july numbers will be up but itll be back to normal so theyll be able there will be the demand and frankly thats not the case and we dont know when that demand is actually going to come back i want to add i want to cover and i want to talk about Something Else here at because last week treasury secretary Stephen Newton actually selected a suggested things that the government could do to help the oil industry including buying fuel for the country in advance although if stores are completely full well thats going to really work out but he also said that the government was open to taking an equity stake in Energy Companies adding that there were a. A lot more options as well but what do you make of this prospect of the u. S. Government taking stake in the u. S. Oil companies. That horrifies me i dont think the government does anything particularly well i. Need her doing well in gas Company Analysis and they are at things like delivering the mail. Its a bad use of. Taxpayers money and ultimately. Colin to size ation of the oil industry that would occur as a consequence of large pieces of government ownership would do more damage to the industry i believe piracy is done let the markets work to treat pain in the near future and the cure for low prices is in fact low prices. I would benefit if theyd. Put some feet of levitation guest business but owners across the country need to understand that what lower prices are is a huge near churn subsidy to consumers while rowell prices are very devout your meeting with prices are very good for the consumer economy if you think about the impact of the stimulus that the governments are talking about the Oil Market Just gave americans in years more stimulus than the government has and now kristie i want to bring you in here for a little bit of a a global perspective about this because what about the other countries who rely on oil as their main exports countries in the middle east russia and venezuela how are of bera counties being affected by this plunge in oil prices. Well lower prices certainly very good for the consumers as rick just pointed out saudi arabia they are suffering now due to the prices tanking out because this is the life blood of the 2 countries theyre the Worlds Largest Energy Producer and both can actually sustain low prices for a while riyadh has taken a very aggressive position cutting its prices down to 5. 00 per barrel as theyre battling out exports to asia asias one of their biggest consumers right now however russia actually has a structural advantage over saudi arabia its closer to asia and they already have an established relationship with pipelines and dealing capacity of up to 1600000. 00 barrels to the pipeline so transportation from russia to asia is much cheaper than transport from the middle east where tankers are already in short supply now meanwhile what you said with venezuela that economy is certainly doing much worse their production costs are much higher than saudi and russias and in line more so with the us what the us had before at about 30. 00 per barrel now 96 percent of their economy is driven by oil exports and so a price war has kind of taken a tremendous toll on the local economy giving them given the tight tight correlation inflation has increased making its debt burden which is denominated u. S. Dollars ever the more painful the potential now for unrest in that country is very high as conditions worsen and now food supply is getting disrupted with the lockdowns in the record i want to transition a little bit here what about gold i know youre youre big into this is gold really that good of a long Term Investment as a recent survey showed that one in 6 americans choose gold as an investment what do you make of this. The fact that only one of the 6 americans is attracted to go with the is one of the real attractions. The market share that google. Enjoys in the u. S. See things in nature is about one half is about one half of one percent more than 3 decades the earth is about one and a half percent so if google just reverted to meet. That would suggest demand for Precious Metals and precious related assets would in fact for all the world does well during times when people are concerned about the producing power of sovereign currencies and in particular the u. S. 10 year treasury and my suspicion is that quantitative easing or it should be known counterfeiting the basis of currency the 2nd thing is that the United States is running. Ever margin debt and deficits so that means that what we need to be concerned about the very critical ali the issue of finally earning Interest Rate your pain in the u. S. Can your treasury which is to say the way the preserve your purchasing power and your reward for taking risks is at least in real terms in a negative level my friend jim grant goes so far as to call he what you treasury quoth richard free risk so the goal to challenge is to be another asset that offers richard 3 risks i think goes up to that and thank you so much rick rule c. E. O. Of Sprott Holdings and. I want to get your take on it all but alas we are out of time for today thank you both for your excellent info. And here thank you. And finally the Hubble Telescope is celebrating its 30 Year Anniversary in space to mark the occasion the team of researchers behind the hubble released new images of 2 nebulous in the large Magellanic Cloud a galaxy located roughly 163000 light years from mars in the shots you see the red nebula the n g c 2014 and the blue note below the n g c 2020 now nasa researchers say that these nebulas look like coral reef so they titled the picture cosmic reef meanwhile if that wasnt enough to satiate your interest in space today the u. S. Geological survey has released the 1st geological map of the moon the map which was created in tandem with nasa and the Lunar Planetary Institute is color coded so users can identify interesting geological features on the map also uses apollo era maps as well as recent satellite data to give an indepth look at the surface of the moon and thats it for this time you can catch boom bust on the brand new portable t. V. Apple bailed on smartphones through google play and the Apple App Store by searching portable t. V. And online it portable t. V. And as always you can check us out on you tube dot com slash boom bust see you next time. So what weve got to do is identify the threats that we have its crazy one sunday shouldnt let it be an arms race also a scary Dramatic Development is only going to use east i dont see how that strategy will be successful and very critical time to sit down and. Yes lets see yes. I was on the floor in my basket of you know trying praying. Time for western. I was having chilling fever i dont have any sense of c. Source now. Most you. Would you. Recently she you know sunday is used to. Simon is on the ground. I have to. Push myself but it is for me in the face im going to. How. Does the u. S. Economy was booming growing numbers of people were made homeless. You can work 40 hours d in a week and still not have enough to get housing everybody believes america still is the land of opportunity the reality of it is were not financially equality and the lack of Affordable Housing or living minimum wage gave many people no choice. Thats been a problem with the city and always turn to the rich and told to stay away oh mr colton consider that there is no answer because you have some recourse resource the most vulnerable and abandoned on the streets to become the invisible cops. Welcoming of us from around the world live from Central London this is also u. K. Russian president Vladimir Putin extends lockdown measures in russia until the 11th of may and says the government must have a plan in place by the 5th we get live reaction from the russian capital shortly. Pools to ease the british lockdown measures in tense afai but statistics reveal the number of covert 90 related deaths outside hospitals as it over 4000 in the last 2 weeks thats as a minute sonnets is held to remember those key with his killed by the disease. Nations break with westminster as wales claims it could easily lock down measures in scotland recommends Face Coverings in certain circumstances be joined by Health Protection expert shortly. And one in 4 boxes are having to be used personal protective equipment thats according to a survey as it emerges the government failed to stockpot essential p. P. Beginning of the break well be hearing from assertion. Also the Domestic Violence is predicted to soar by 20 percent across the world as a result of the global meltdown and says politicians called on the British Government to set up safe spaces in supermarkets to help the victims hit from a psychiatrist. The russian president Vladimir Putin has announced that lockdown measures will be extended until may 11th and says the government needs a plan for coming out of lockdown by next week on the Senior Correspondent there against you have joins me now with the latest so who are bring us up to speed with whats going on there in russia. Well as you mentioned the government is extending the nationwide lockdown self isolation mandatory self isolation for all russians until the 11th of may which is you know it isnt surprising to most people because other officials had said what amounts to the same thing that barring a miracle a drastic reduction drop in the number of confirmed cases newcomb good confirmed cases every day that there would be an extension of the lockdown the you know theyd be prone to get bathed in june early july so that meant wouldnt coming out and saying that the lockdown has been extended isnt at all surprising what is surprising is that theyre now looking at a plan by the 5th of may he is one of the ministers the government to come up with a blood bank in the may. Issue russians that the economy will be reopening. And destructive to government and a federal agency for rights but i shouldnt a human who will be to come up with a plan by may 15th that plan wouldnt kopassus all of the criteria and parameters for the steps to be taking you know of them in order to lift again the restriction rules and the lockdowns rules this will be effaced you left course it will be implemented of course eve governors of russias region should be flexible if you know what you should decide which matches them which is introduce and we should not be introduced and the decision should be made to believe you should get there with experts as well yesterday was the against of just. Was much more than wooden had to say and his message the gist of it was preparedness that the country shouldnt stop building more intensive care units adding additional beds more nurses my you know increasing production of medical equipment and personal Protection Equipment he gave out some statistics as well to example last month at the beginning of the year the average production to ventilate this month was 60 units of month by mid may itll be up to 2000 units per month they when they were making at the beginning of the year 800000 last month by the by mid may theyll be making 8000000. 00 lost by mobs so you know production has been in the industry production has been rapidly increased to keep up with the month but it also tells us that the government is preparing for the worst that may put themselves said that as we find out more about this virus about its spread about its characteristics yesterdays plans become outdated and the situation is developing soo quickly that any plan they make today will be outdated by tomorrow and his message that to govern as and others was dont stop so youve been given clues as the number of beds you must add this month will this week dont stop that so add Additional Units add Additional Space get more equipment if you can dont stop preparations because as we sure in the United States for example one of the huge problems is as hospitals become flooded with more and more patients that require Critical Care others with cancer with diabetes they have this with a little theyve been told in many countries to wait that hospital simply dont have the capacity and let me prove who said that while we have we have were at the stage where the infection that isnt spreading you know it isnt rampant while this lockdown is working we should keep like keep up with the money. We should make sure that everybody can receive adequate adequate create care sorry he also mentioned that the economy is suffering tremendously but the government is doing what it can its keeping up with with new information but new data every day seeing how russians are struggling and theyre struggling as in every country theyre struggling is in every country and that you know the government will keep up will help out people will give out benefits and increase care as is necessary. Thank you very much indeed for that update live in moscow. Britains coronavirus death toll has rocketed as over 4000 fatalities else side hospitals are recorded in just 2 weeks that scotland and wales break with the u. K. With announcements on public Face Coverings on lockdown easing as westminster continues to stall because he joins me now with the latest grim news on the death toll. Yes weve seen the death toll again coming in so they the numbers are higher significantly than the ones from yesterday 633 people sadly having lost their lives and in those got a little while after testing positive for coated 19 and those deaths having taken place in a hospital now we know of course that the government figures and n. H. S. Figures count hospital deaths only but the other less the office for National Statistics also take into account the number of deaths which take place in calves we could have a look at some of those figures according to the of n. S. T. More than 4300 people died in care homes between being 10th of april and the 24th of april of 2 week period and up leading up to the 10th of april that figure was just a 1000 so thats a sharp increase off of those 4300. 00 deaths took place in just the last 5 days of that period so an indication perhaps that those deaths are accelerating in care homes now it would take the death toll to over 25000. 00 but again because these figures are somewhat staggered theres that talk to be even higher than that while the chains have revealed that over the last fortnight the deaths have been rising by between 50 and 80 percent now the reason for half that disparity between the government figures and those put forward by the ins is possibly to do with the fact that these figures take a long time to come in and they get reported on every 2 weeks and thats a lag between different counties putting those results forward over how many people has been posted only people have died and so for that reason that might be why the government isnt including them in their daily totals because simply they cant access that information and quickly. And scotland and wales are going their own way in what seems to be absence of leadership from westminster absolutely each scene in westminster lack of any type of exit plan being published but that didnt stop at the devolved governments in wales and scotland publishing. Scotland in the 1st to do that theyve now also published data regarding the of Face Coverings in the scottish 1st minister nicolas sturgeon saying that the use of trace morse isnt an alternative to social distancing but that it could help to curb the spread of coded narratives to take shelter im talking here about feasts coverings made of cloth or other textiles such as a scarf im not talking about medical greed facemask that you would see health and social care at work as we have at the gate is also made clear that the evidence on the use of Face Coverings is Still Limited however it recognises that there may be some benefit in waiting a Face Covering if you leave the house and into an enclosed space where you will come into contact with multiple people and see if social distancing is difficult for example on public transport or in shops of course just no more shops are closed so right no at this would apply in particular to food shops now with regards to whales the Church Minister mark straight shooter has hinted that his country could be willing to lift locked out measures or at least ease some of the lockdown measures for the rest of the United Kingdom along a subject of distress that he would ideally like to do so with the rest of the United Kingdom certain lines of communication have to be social coming from us. We have the power to do it definitely id rather we did it together if we can get to that point and we think there are things that are right to do for wales and we will go ahead and do that my ambition is that we do things still together across the United Kingdom the coronavirus act does respect devolution in perth the solution in our hands and we have already done things differently in a range of different matters where thats been right. Yesterday we saw the government allowed serious in that would compensate the frontline star who died fighting over 19 with 60000. 00 pounds that was goes off for example social care workers and its just like this and so on and the government saying thats one form of support for those families well today at 11 am the country observed a moments silence and minutes silence for those who had sadly lost their lives within those key work as it was observed by Boris Johnson it was observed while the leader of the opposition secured starmer and many others around the country as a way really to show their respect for those who are. Already cases and have thank you very much in the eightys or. Meanwhile the british are the least inclined to want businesses to reopen if the virus hasnt been totally contained ipsos mori analyzed data from 14 countries and information from more than 28000 people 70 percent of britons are against the reopening of the economy if the virus isnt fully contained canada is the same or just over 60 percent in spain agree as do 59 percent of americans in terms of those wanting to reopen the economy 60 percent of russians will be in favor of the same number china 53 percent of a turn ins and half of germans the survey also asked whether people would be nervous to leave home after the economy reopens just over 70 percent of britain said yes around 70 percent of the chinese were over half of german said they would be scared and just under 40 percent of russians would discuss all this further im not joined by an expert in Health Protection afternoon there is talk of these ing measures in wales so can all this be done on a regional basis. Potentially it could yes i ideally we would want it to happen across the country as a whole because once you start getting regional variations people start getting confused and so ideally not but there is the potential certainly of course its a real dilemma isnt it its a difficult balance between loss of life from the disease and causing a recession that some people say could kill more people than the virus well certainly recessions are something that we want to avoid a recession do you have. Health impacts on people so yes we have to make sure that we do balance. The needs to control cope with 19 with the needs to ensure that we still have a Healthy Society and economy at the end of it because being under lockdown for too long can cause people to to rebel to flout the rules in fact we have seen an increase in traffic in the number of. And we will indeed yes and and i think we do need to start easing some of. The restraints that were and fairly soon we are seeing the a decline both in debts and pillow one cases. Which are the sort of the people cases who are particularly ill the pillar one group. Rather than Health Care Worker numbers and and i think you know we we will be able to start relaxing. Probably sometime. Early to mid may but i think that how those sorts interrupt would those lockdown measures gradually is what are the stages were talking about well i think i know were still waiting to see what the government is proposing on this but. I i think the idea of the bubble story is quite reasonable where we start a lousy people to mix with family and close family and friends in a way that we havent the last few weeks we apps look at extending the range of businesses that are and shops the true allowed to open to people but maybe not yet opening schools and. Pubs and restaurants for a little while longer but i think whatever we do what we have to do is keep a very careful our eye on the statistics about what these are doing to disease in the community so for me it step by step keeping an eye on how it how its affecting the epidemic that hopefully we will be able to be at least getting towards normal during the summer dont think we will be back to normal at least this year and possibly well into next year. Really thats interesting because it just just finally and briefly dont mind we saw the survey britons look as if they do prefer the lockdown to continue to ensure the virus is fully under control because there is a talk of maybe a 2nd wave at knowing absolutely yes and i think though almost certainly see more cases coming back again particularly as we move into winter november december. And the problem then is that there might well be other diseases like norovirus and influenza circulating but hopefully a vaccine or some sort of active cure by then if we do get a 2nd wave just wrong. It is possible and ive heard some people talking about a vaccine by orton but i suspect most of us believe that were talking at least early next year for a vaccine to becoming available for support and to thank you so much for your time really gets to my pleasure. Well assert we heard earlier a minutes silence was held earlier today to commemorate the workers who have lost their lives to the virus including over 100 n. H. S. And care staff. In the. Light. 2 and. Still to come this Domestic Violence is predicted to seoul by 20 percent across the world as a result told the globe a lot of us politicians say safe spaces should be set up in Grocery Stores to help the victims to escape abuses will be hearing from a psychiatrist. Fascinated by. Consumer protection. You find out. About household cleaning. Products. Because many of them are hazardous to your health because theyre poorly constructed and theyre full of cocksucker. One of 4 doctors caring for covert 900 patients are having to reuse personal protective equipment thats according to a survey by the Royal College for physicians certain protective clothing such as masks gloves and gals should only be worn when dealing with one patient and then discard it this comes after an investigation found that essential p p e items were excluded from the nations pandemic stockpile at the beginning of the outbreak in the u. K. Including swabs girls visors and body bags but the government insists that planning was for a very different pandemic the stockpile that we had before this pandemic was explicitly designed in accordance with the advice from the scientific advisors the government has no tag and of course it was specifically for a flu pandemic the nature of the corona virus is different from a flu pandemic as we all know and we like every government across the world i try to respond to this new virus well for more on this are now joined by director surgery at the christie n. H. S. Foundation trust tell us of the sake of thank you very much for joining us reusing p p as sounds desperate have you seen it have you have any experience of this happening. Ive heard from the news thank you very much 1st for having me on this program but of all my condolences to the Family Healthcare workers who lost their lives in this and im. From the news. It be used but personally where i work at the christie we have not had any of those situations. So i unfortunately i cant comment apart from the news what i have read what are the consequences of reusing p. P. Then. And the depends on ideally these p. P. S. Are a single use. For leave but. In depends on where one works the level of really as well. As in some places where there is less or minimal amount of kernel is infection in hospitals the use of b. B. With these based on the exposure required as we have already heard that if there is a physical distance make can be maintained. Then the p. P. Needs can be reduced. In surgery if the patient is prepared and also tested screen tested for corona wireless and if they are negative then the level of p. P. D. Increases to what we would say as level 2. Preparation but as those patients who come in as an emergency and those who are proven positive if they need surgery then the level of b. P. Needs to be escalated even higher the level of the p. 3 level is not just for the surgeon its for the whole team so there is a there is a bit of confusion about what he actually in law but what whip concerned about i suppose is that is the indeed a risk of life to those having to reuse people. Yes of course thats certainly true if the be easy use there is certainly a risk to life and that is where i think up the in the hospitals or in Health Care Environment clinicians have to work with the. Managers and the administrators in the system and come up with a plot because apart from emergency all elective procedures can wait theres no rush to do anything for the discovery moment and once we have already put precautions in place then these elective procedures a diagnostic look at putin scanned the place because if the stock are infected then it means that you lose a huge amount of resources to treat patients Going Forward so it is important that as a Team Approach is required and the benefit of the stuff is that because the government is trying its best here isnt it that there is a global shortage of this sort of kit so nobody could have predicted the situation. I fully agree you know theres no point in. Telling the government that the preparation is not adequate this is this is something which happens once in. A century or once in. A few decades and we can only prepare up to a certain limit and yet possibly the government has been slow to start off but at the moment they are working with the clinicians and we need to make sure that the supply chain is addressed and the e. P. Used is appropriate to then why adamant in which the Health Care Workers are working at and to have the dangerous environment of course doctors and carers nurses refusing to work if theyre putting their life at risk by not having the right equipment and did the British Medical Association saying thats a fair action to take but what do you make of that. I think of the concerns. Im sorry about that if we have lost. We lost you have we have im sorry about that but we did get most of that with. We got it back chad and just very briefly. Ever of course but what do you make of perhaps doctors care as nurses saying they will not actually work if they dont have the right equipment. I fully agree that if the Health Care Workers feel that the b. P. Provided does not i do quit they need to be reassured and as i mentioned earlier it is only the emergency which needs to be dealt with and the present time electors situation can always wait and the patients also needs to be reassured and the stuff that needs to be reassured working with the management in the system they need to ensure that that he. Is and equipped for the environment theyre working and also for the procedures which they are being asked to perform so i fully support done there is no point in Health Care Workers exposing themselves because in the long run it only sort of a damages these society because if there are a few Health Care Workers who are affected and it means that they can care for a large number of patients Going Forward i thank you so much for putting us into your business szechuan and best of luck with all the work you and your colleagues are doing thank you for being with us live here not to you kate. Thank you very much for having me. Domestic violence cases are predicted to soar across the world as a result of the global lockdown according to the United Nations Population Fund theres been a 20 percent increase in Domestic Violence cheering a 3 months locked down period in all Member States for every 3 months or lockdown continues 15000000. 00 additional cases of Domestic Violence are expected to struck by the 3 month lockdown would result in 44000000. 00 women will be unable to access contraception and due to pandemic related disruptions and prevention programs 2000000. 00 cases of female genital mutilation could occur over the next decade as well as an additional 13000000. 00 child marriages. This new data shows the catastrophic impact that covert 19 could soon have on women and girls globally the pandemic if deepening inequalities a millions more women and girls now risk losing the ability to plan their families and protect their Bodies Health the Services Must continue the supplies must be to live it and the vulnerable must be protected ad supported we will in the u. K. Calls to the Police Budget mystic Abuse Victims of increase by 30 percent in the lock down as charities also report a sharp rise in these of helplines and websites says politicians called on the British Government to follow the example of fronts and set up safe spaces in supermarkets to help victims who struggle to escape their abuses suring the locked charities also suggest Grocery Stores stuff could be trained to respond to a code word from a victim and taken to a safe place in the store to call police in france spain and in some parts of colombia victims of Domestic Abuse already can seek help from shops and pharmacies as a part of a new Campaign Launched to tackle the rise in violence under the look down. At a story by syria and it just consultant psychiatrist professor jess barbara he told me that Domestic Violence a major concern during the lockdown but it will also help highlight the issue. Domestic violence all what subtypes go into but terrorism is the southern contests that weve seen through this group the virus and you know its not that the current viruses create a product but its down to a small chirp of the. Earth to you so perpetrators of violence looked up the victims but because we do know for instance that Domestic Violence goes up whenever the police it gets the opportunity to spend more time with the victims like christmas like color they stop sort of thing which prompted of course the recall of the europe secretary general to make this part of it to put womens safety as fast as a programmer and all times in is something that weve known as existed for such a long time could what were seeing now highlight the issue and to have apps help in a way. In some ways its a quick turning those challenges to opportunities for people quite trying to i think. And yet other issues that have come out of court abiders these the big things that have been eroded society i think is a fairly good time for this because i like to because weve seen. d increased. Cuts violent acts that a couple times you know 700 percent increase in calls to refuge but actually interest sickly theres a how client set up perpetrate just i think goes even follows up cards that speed up 25 percent increase in calls from the perpetrators so this could well carol Good Opportunity for us to say well ok. Lets get all strips chick right because often they use a cute side of the political doll we will see the last effects of what sistering to sort