Transcripts For RT Boom Bust 20240713

A packed show today so lets dive in. And the eurozone economy is doing worse than initially expected facing a recession as bad as the European Central banks worst Case Scenario according to e. C. B. President Christine Legarde now economic output in the block is set to contract between 8 and 12 percent this year old guard pointed out a previous estimates of the milder downturn are now out of date the e. C. B. Will release official projections for Economic Growth and inflation in the block and next week meanwhile the European Union on wednesday proposed a 750000000000 euro recovery package to help Member States deal with the recession brought forward by the ongoing coronavirus pandemic president of the European Commission spoke about the situation. The aim must be to invest together and our common good we will be bold by raising president amounts of funding at european level we will be focused channeling. The funding to the new priorities that will shape the future. And to achieve this were setting up the next generation e. U. Were 750000000000 general we will use the bulk of this money to help Member States recover from the crisis and build up their long term resilience cut by city. And for more on the state of World Economy of us bring in professor Richard Wolffe host of economic update and boom bust cohost christine. Lets start off with you professor wolf we actually had a question here for you actually the Vice President of the e. C. B. Has actually backed the unprecedented stimulus packages launched in the region and now fiscal deficits are expected to widen even further what are the financial repercussions of this and is there any other alternative. Well if the situation has been allowed to be cheerier a euro holds for a unified way through or economically would have been hard to achieve last launched the reform its a little and its going to need a crash and do it again and 8 oregon romas. I think they are actually going to grow an enormous amount of money it made that very well may not be enough they had hoped to somehow live through were not looking at her long term consequences at all what the borel. Reformers are from what in fact from commentary consequently in that way theyre like the United States the damage your girl huge amount of money cross your fingers dont look very hard at what the crimes of one. Because unless you get through this crash there will be nothing to worry about because greece is the rot really finally crash its that were really intends to beat that makes them. Afterward made earlier predictions round a day that had a whole group very very serious problem where you are and now kristie kind of the same point the same day that the e. U. Proposes a 750000000000 Euro Recovery Fund japanese Prime Minister shinzo abbay approved a new 1. 00 trillion dollars stimulus package whats included in that package. All those packages are really significant not only because of the sheer amount in the package but also the scale of it it significant as it includes direct spending measures higher medical spending rent subsidies and business subsidies now this new package will take depends total spending to combat the crown of virus to about 2. 00 trillion dollars or about 40 percent of gross g. D. P. And to further modest putting this into perspective this lending is now approaching the size of the u. S. s who is currently sitting on top with 2. 00 trillion in 8 programs so now in order to fund this japan will issue an additional 31. 00 trillion yen and government bonds which will push the new j g being issuance in this fiscal year to a new record of 90 trillion yet and analysts suspect that this may not even be the end of it and there could even be potentially a 3rd round of helicopter money and does japan make sense the very real possibility of a credit downgrade which would be just disastrous for the economy now professor wolf i want. To hear because as hostilities intensify between the 2 sides how bad could relationships between china and the u. S. Actually get could this turn into another full on cold war and what will it mean for the economy Going Forward and i just want to point out that you know weve had some new news about the c. F. O. Of wall weigh in there her Canadian Court case as well for extradition so there are a lot of things happening here that are not going to help necessarily relationships between china and the United States. Well i think what you mean if i can agree with the historical parallel which is really all we have to go on is a little bit like what happened after world war one as part of the Great Depression contrie strategy to get it through with a minimal they quickly discovered that you know hold. And of capitalism will heal itself that wont turn out the want real well so then they try to get it law and with a little then. A little isnt enough and they have to go and which more then every instant be rid 60 so then they turn as you can see were doing to be ashamed of his anger trying to push themselves at the expense of somebody else badmouthing of our marriage dumping on immigrants and now the cold war revival with china its a way of deflecting attention from the difficulties at home theres somebody embroiled how hard can it go all. Depends on how desperate to start and support and since the initiative here comes from the United States and not from china various kinds of reasons the bottom line now is how desperate will try to come as we get closer to election time to face a crisis which they will lead to blame on someone and the work to make that someone china is what were watching. Now kristie i want to talk about this because we have the r. And b. Actually crashing to record lows against the u. S. Dollar amid these tensions between the u. S. And china whats happening in this escalating battle between the 2 superpowers on your own your opinion there. While the reason for that particular leg down this morning appears they coming from 2 of chinas most valuable u. S. Listed Mega Cap Companies who are now pushing ahead with multibillion dollar share sales and hong kong now this comes as u. S. Lawmakers are putting additional pressure on Chinese Companies are to disclose their Financial Information either that or face delisting from exchanges so the companies now are not in sync which is an Online Gaming company and j. D. Dot com the economist dion has often compared to amazon the 2 companies are aiming to raise about 2. 00 to 3000000000. 00 in a june listing and by that google china is also exploring and options of doing a secondary less than hong kong or elsewhere and now this is a have major ripple effects across the entire Investment Community as china has arranged the premier grow. Story and a major allocation in any Investment Firm portfolio so a bank one could argue that the entire ball rally in the last 10 years apparently driven by the china growth he says so by restricting access to Investment Opportunity this will severely impact returns and my delisting where essentially just invoking another barrier and restricting capital flow in the market so this will have the tremendous results and opportunity lost on both sides as Companies Wont have access to u. S. Capital and u. S. Will have access to chinas growth professor richard wolf and kristie arcos a boom bust thank you so much for that expert analysis. Thank you. Lets take another global look at the trends and spread of the coronavirus with our 2 correspondents. We worldwide today so brand worldwide the virus has not affected nearly 5800000 people and killed over 350000 here is whats going on globally so i made this pie chart and i look at it down by regions that have kept some countries although i happen not mentioning them to show for example in north and like in europe there are other countries been affected so 1st im going to be talking about confirmed cases so the most cases have been in north america obviously in the u. S. Where theres been 1700000. 00 cases and 1100000. 00 cases which are actually still active and as of may 20th each state that had imposed a stay at home order has begun lifting the restrictions and people are allowed in some places to go back to restaurants and offices and places overall worship now moving over to europe these 5 countries have been hit the worst u. K. Has at over 267000 current cases followed by spain 236000 which italy is not too far behind 231000 france and germany are behind these 3 but their numbers are significantly lower and all of European Countries have started easing some kind of restrictions for example in italy while foreigners cant visit yet locals are flocking to their beaches now moving over to asia where russia and india have had the most confirmed cases in russia currently has over 370000 cases and moscow will began to gradually ease some restrictions starting june 1st and india has about 157000 cases and most of indias cases are concentrated in the in. Western area which is home to the Financial Hub and then we have south america where brazil and per rule are seeing a number of confirmed cases now brazil still has the most at 400000 cases but many Health Officials worry that number is actually about 20 times higher now over to the middle east. Is still leading with a 140000 cases and their newly elected 268 Member Parliament met today and images from the meeting showed that many did not even wear masks and did not observe a social distancing either now lastly in africa right here south africa still has the most confirmed cases with over 24000 where they will begin to ease restrictions starting june 1st and i want to go over to the next chart which shows which countries have the new new list cases so u. S. And north america is trending with the most cases but its actually that trend is going down which is why some states are starting to lift a lot of restrictions and so whats really significant in this picture is that some countries are puring to have significant increases in new cases in asia russia and india are seeing new increases daily and even lower to south America Brazil is still seeing the most chile and mexico are also following in new confirmed cases that were seeing within the last 24 hours now moving over to the middle east were as iran has had the most confirmed cases could tar and saudi arabia are catching up where they are getting a lot of new cases and then we have in africa you can see this right here but south africa still leads in confirmed cases but at a very low number and then lastly we have. Europe which United Kingdom has had the new cases but lastly i want to talk about the number of deaths which has had 100000 in north america in the us this yesterday actually and now whats the difference is that in europe to mortality rate is a lot higher whereas in the us the mortality rate is about 5. 9 percent in europe differs between 11 to 16 percent and in south America Brazil is also still leading with number of deaths in mexico asia and china there is about 4600 deaths and but with the crazy thing here is verses in asia with a population of 1400000000 people we have in the Us Population of 330000000 where the mortality rate has been a lot higher. Correspondents thank you for keeping us up to date. And time now for a quick break but here because when we return a new era of private Space Development lives over the horizon but what could the future hold for the growing sector we have an expert panel standing by and as we go to break here are the numbers of the close. Every single culture on earth has prohibitions against. At the same time virtually every culture on the earth will reward you enormously if you use killed the right person and in one setting it is the most horrendous down machine thing the actionable and in the other setting is a little wondrous thing that they will give you a medal for that people will vote through you because of that the people will mate with you because youre good at tuning thats what im saying. And i need another one of the eyes to my fellow swaying the both of us who. Benefits will move to see if. That flies in the slate got it all so hard not to think in the decide this moment the look ahead and i dont think its still up and i think. This is the only thing that we do is music because everybody fights in his wake. The floor looking for the 50 pound is worthless woody allen very young on the level of oxycodone coming out on a. Q what i think is this is the fans that is a constant. Thank you. International memorial awards are now open for entries all media professionals are eligible whether youre a freelance journalist work rule terms of media or part of a global News Conference to participate in the show published works in video rich and. Go to a war dont you dont call them to now. And welcome back when there is an historic day marking the 1st time a private company has carried humans into earth orbit with a final destination of the International Space station 2 nasa astronauts retired marine corps colonel doug hurley an air force colonel bob behnken will take flight in space x. Crew dragon capsule atop the companys felt in 9 rocket the rocket will take off from the historic pad 39 a Floridas Kennedy Space Center the same starting point of apollo era era Missions Including the moon landing in 1990 now after the falcon 9 launches the crew dragon into the upper atmosphere the capsule will separate from the rocket and begin heading towards the space station the falcon 9 rocket will then return to earth where it is supposed to land on a drone ship in the Atlantic Ocean northeast of Cape Canaveral for reuse this also marks the 1st launch of u. S. Astronauts from u. S. Soil since 2011 since then the only way to set astronauts to the i. F. s has been on russian rockets launched from kazakhstan now when it comes to the cost of these flights a 2019 report from nasa office of the Inspector General says seats on russian soyuz launches have cost as much as 86000000. 00 each and roughly 55000000. 00 on average over those last 10 years of the same report estimates seats on the crew dragon will also cost about 55000000. 00 with all that said lets take a look at the significance of this moment and the future of commercial spaceflight with the executive director. At the center for space commerce and science and Rick Tumlinson who is the founder and chairman of space as well as the cofounder of the Space Frontier Foundation thank you both for joining us on this massive day here rick i want to start with you i how monumental is the 1st manned space flight to enter the International Space station put on by a private company how big is this. This is huge. You know this is where weve been listening to for. 30 years and this is the beginning we believe and it is ryans full were. Human beings in the states not using the gateway or the airline. That the government now has and instead of opening it up more and more people where we can expand create an industrial plant. And gentlemen i have some unfortunate and breaking news right at this moment it appears nasa and space x. Have been forced to postpone the flight i know there is some weather conditions that were coming up were getting multiple your full reports from multiple sources but that doesnt take away from this conversation because this is still a monumental moment i believe theyre going to reschedule it for the weekend so erin i want to talk about this more we just mentioned the cost of these flights costing nasa roughly 55000000. 00 versus the upside of more than 85. 00 when were launching out of kazakhstan are these savings going to actually make a big difference in space exploration. Oh absolutely. So its something to not its not just about the per seat cost but also about how many people you can send at 1. 00 time so if you think about the International Space station and this is the primary purpose of this crew dragon it requires constant nature maintenance and part of that is due to age but also because were in a how this environment with a lot of experiments and kind of learning as were going so the savings on percy plus being able to send additional people at one time that really allows us to maximize the potential of the i assess offers and now rick are there are some Major Concerns about having private companies becoming the leaders in space flight and exploration i mean its not always the most trustworthy situation when you put a private company in charge of something that is so important obviously on these 1st several we will see the most everything take precedent and safety and everything but there are the concerns that as people get complacent in the private sector and they start to try to cut you know save money is that a concern for you. Youre inferring that we should trust the government more and by that. The goal here is transition from government science and exploration activities in space to the opening of a space in the front sooner where people can build businesses and perhaps well now that we eventually know their homes instance we want to get there but the only way to get there is to begin to know our flow of 3 or 5 times and start creating Revenue Streams that allow us to do that and whats now also working with Companies Like space x. Then the other providers thats starting to create a bit of a competitive market new seeing the purchasing power of the government and this new station were in push cars now so more and more people can go and more and more things will. Now erin obviously and as rick actually just mentioned weve been focusing on space x. But because of their big news which was most apt today but of course there is Virgin Galactic and blue origin as the other big players as well are there plans to actually make these Companies Profitable and how exactly would that work. Well. I think we have to remember that all of these firms are dealing in transportation right so yeah were going from the from earth to space and thats very big and powerful but the way to be profitable and transportation when the Transportation Industry is to be able to leverage economies scale to be efficient and be able to increase your frequency of deliveries so theyll get there it just brought a stage at this point where their concepts are showing that they can do this safely and reliably and to the point where as we see that were going to see them become more profitable because the. Theyll get better and better and overcome that learning curve and now rick obviously this flight was set for the assess but one of the big things that weve heard about it is tourism and i think what you kind of mention and i want to get this is a bigger term but colonization maybe is not the right one how can the private industry sustain itself with nasa and the ultra wealthy as their only customers. I guess and thats and were going to stay away from the work colonization trying to. Do my and again i dont mean correct you so much on this its just were in were in the achromats great. Claims and. Everythings going to change out there somewhere for time conversations you know. I do believe that. We will start you know basically look and i want to be really clear you have to be evil on this to make money name a new my me. Of this and then once they start doing it and building that infrastructure and transportation. Then were going to see lots of private companies coming in and youre kinds of products. That are beneficial and he. Can even think. Rick thomason air and pay go thank you both for their expert analysis i wish it was better news that we would get to see this launch happen on wednesday afternoon but unfortunately we are not and right here in studio were joined by host of the news with Rick Sanchez Rick sanchez himself who has been following the story. Unfortunately weve had a cancellation rick what happened so heres what happened just about 3 minutes ago we 1st heard Mission Control start to ponder the possibility that this thing might be canceled then we heard the flight director say if you could just give us 10 minutes if you could just give us 10 minutes we know the window will be clear sounds like there was some conversation going back and forth as to what they could possibly do im not expert in you know maybe many things about iraq and so theres no want of a but what we do know is that they were fueling the rocket a rush or they were fueling the rock liquid acid i was waiting out yes yes so but they had to pull the plug they had to pull the plug the conversation seemed to be about whether there was a front in the area that you look you know florida and certainly i know florida and what happens in florida is that you literally have fronts that come through could last like a half hour then they leave and its a beautiful bright sunny day well they just happened to catch one of those forms that were coming through theyve been negotiating whether or not theyd be able to clear that window since early this morning and weve heard it in the conversations and they kept telling us that there was a possibility they would have to cancel that just about. Oh i would say about 3 or 4 minutes ago we 1st started hearing the 1st inklings from the Flight Control operator saying look i dont think were going to be able to do this but we cant be sure yet if we could just get 10 more minutes we could make it if we could just get 10 more minutes we could make it now you know at this point we were looking at what 433 right there was no way that they were going to be able to do it at 433 so thats when they pulled the plug admitted in our college call john he told you earlier that it had to be exactly 433 so he said exactly so unfortunately that did not happen the news with Rick Sanchez Rick sanchez thank you so much for coming on to give us that update here if you have the time to thats it for this time he saw the demand on the brand new portable t. V. At the belmont smartphones through google play and the Apple App Store by searching portable t. V. Or streamers to your t. V. By downloading the portable t. V. App on apple t. V. And online exportable dot tv keep an eye out for a variety of new content coming soon find out more portable that t. V. See next time. We go to work. Straight home. Part of something is better than 100 percent of nothing and so losing money is this part of the Money Laundering model as a model of Business Model and we look at these unicorns these startups and Silicon Valley like the ones you mentioned we work the ways fair guber if we were lists theyre all losing money exponentially so then you have to ask your stuff well maybe the model is to lose money and so who is laundering the money who is laundering the money. 54 jets and more than 1300 military personnel are headed to air force base in alaska where is that to say come on ill show you whats the reason for any type of enhanced u. S. Military presence in this area rush up. What is it suddenly about the South China Sea that makes it so that it 11000000000 barrels of oil. Take a look at this map who really owns what kind of says no it belongs to us india says no we claim that that belongs to us both of these countries have Nuclear Weapons capabilities there is reason for concern so thats why were going to drill down on this story for you today right here on the news of direction. Where you know as we always like to say we do believe by golly its time to do news again. Problem drugs has come from unscrupulous dealers but from pharmacies to in every state in the United States we see me very sharp increase in the number of people seeking treatment for addiction to prescription opioids invented america under the banner of medicine persisted with the pain but instead of trying to wean him off though she just goes after dose after dose after dose and really became his drug dealer so whos to blame patients doctors manufacturers i think governments are. Welcoming of us from around the world live from Central London this is all its a u. K. System failures from the governments new testing trade scheme and a lack of key infrastructure lead to concerns that is the 5th of us. Englands locked up rules are set for review with the reopening of school shops and logic gatherings pool on the agenda will be discussed in the changes with Economics Expert professor patrick min for. Dr who Police Conclude that the provinces chief advisors look down trip to bottom out colossal could have been a mind up breach of the regulations that says the polls show the damaging. Ill be talking to polling expert Professor John because its. Anti beijing protests erupt in hong kong as the u. K. Signs a joint declaration condemning chinas move to impose a new security will be British Foreign secretary just try to extend u. K. Visa rights to citizens in the region. Also the south of the. B. C. Admits newsnight host and made this breach impartiality rules with her comments on public comings as 250 complained to the broadcasting watchdog. The british governments test and Trace Program to control the spread of coronaviruses hit by system failures amid growing concerns at these schemes simply isnt ready for the rollout it comes on the day the government is forced by law to review lockdown measures with action expected on school shops and family gatherings but he says hes out he joins me here with the latest in the studio stories of the track and Trace Program has now been launched absolutely the government launching their track and Trace Program this morning there are 25000 contact traces who will be employed to telephone people now how exactly does this system work well if people believe they have a corona virus symptom or many symptoms they are told to order a test if that test then comes back as positive then the person who has tested positive has to name the people theyve spent any significant amount of time with in some cases maybe more than 15 minutes at a time in close proximity those people are then contacted to be told that theyve been in touch with somebody who has coded 19 and all advised to then self isolate for 2 weeks but the road out of the system hasnt been without its own problems the website that was set up in order to be part of this rollout the c. T. s that is the concept tracing the device is something difficulties its showing a. Failure side and all telling people that some Critical Incident has taken place with regards to that so not the best of starts on that front its not just the website though there are other infrastructure problem. And local Authorities Say that they havent been given any idea how to work it the actual act that people are going to be arsed to download isnt ready yet and so there are accusations that paps this system has been rushed out possibly to distract people from the governments own other political issues at the moment meanwhile scotland north of the border theyve already launched their own scheme calling it test and protect and he said the governor expected to ease lock down measures over the next few weeks but weve seen the government already easing part of that lockdown weve seen people being allowed now to go out for example for unlimited amount of exercise and so on but there are plans for the government to continue to ease these lock down measures so what are they while the 1st will be at the beginning of next month Primary School students will be going back in some years in particular year one in year 6 particularly to get a lot of those ready for high school will also see Outdoor Markets and car show rooms being allowed to open. By the middle of next month we could see some school years in secondary school being allowed to return d back to the classroom as well as non essential shops by the end of next month the government hoped to allow for garden parties barbecues and to permit other Outdoor Activities although it can be seen perhaps over the weekend just called the Bank Holiday Weekend many people across the country already having those activities and having those types of social gatherings. And the document the government has released also states that the government will be aiming to open places like restaurants pubs hotels places of worship headrest of them barbers and cinemas as well socalled higher risk businesses but these businesses if they wish to continue operating will have to have some type of new measures in place perhaps to meet a distancing one way systems and so on although unclear exactly particularly in places like apps clubs and bars and pubs with people socialising and Drinking Alcohol and so on whether it will be practical to expect people to keep to those types of measures that also comes the governments have downgraded or theyre expected to downgrade the coded threat levels from 4 to 3 which would indicate that the virus is in general circulation and again it could indicate the governments thinking that within a few months the country could be on some road back to normality thank you very much indeed for that update want to discuss the Economic Impact easing measures would have on the country im now joined by professor and applied economics patrick moved further professor very good to see you. Im sure you would like to reopen things as soon as possible but we cant risk that much feared 2nd wave. Well i think theres an awful lot of of nonsense talked about that i mean what we know about 2nd waves is a much weaker than the 1st and i think to kind of go into a center funk about a 2nd wave when were now in the final stages of of the existing way which is coming down and deaths are going down very sharply now. It is premature you know this i think that people will start to get a better perspective once the deaths have kind of reached very low levels which is what theyre now doing and i think that a lot of the problems we face at the moment is because everyone has got into a state of complete panic about this virus and causes its been a horrible thing but it has to be got into perspective we cant carry on like this indefinitely but of course panic is justified when weve seen so many job losses business is now really under threat of going under particularly the hospitality and Retail Sector war is the impact now economically for the country well exactly well thats thats economic panic as opposed to medical panic i mean the problem is the whole situation has been dominated up to now by medical panic and people have had in their minds that if they go out of the door then they might die and so thats really got to be government perspective so they can deal with the economic panic which you rightly talked about i mean. This is this is quite a serious worry and my feeling is that common sense will return and sort of balance about dealing with risk will come back into our population which which is fundamentally a pretty a pretty solidly. Non cowardly hunter risk. Risk measure taking population i mean we dont we go out of the door every day and drive our cars if we if we are allowed to cross that risks are are getting into an accident which of course is is is quite a is not an negligible risk so i think well have to get into risk tolerance mode and one of the things i think we need to bear in mind is that viruses evolve towards more less deadly strains because of course that deadly strains die out rapidly because they kill people and we have to remember that the virus itself has an interest in survival which means that it shouldnt kill people because that way it doesnt survive so well what about though the viability of of businesses having to stick to social distancing rules whether its health and the aircraft shops of course the high street is going to be highly restricted isnt it in footfalls going to be restricted and if the high street wont recover the Airline Industry wrote recover hospitality wont recover for many many months if not years now. Well i think thats all vastly exaggerated frankly i mean the recovery could be very rapid once people have a better rich risk tolerance and get this thing into perspective and people people were actually quite willing not to be locked down so heavily and if you look at sweden i mean swedens very educational industry specked but a government that didnt lose its nerve and didnt go into a sort of dire lockdown mode and the although their economy has still suffered of course because everywhere else has been locking down and hitting hitting their economy from outside nevertheless internally theyve been much more robust and their economy is much more robust and i think that if the swedes can do it so can we and i think that as this particular way guys often and deaths go to 0 as theyre likely to do by the end of of june if not a bit earlier season people will go back to normal right so you get on with it then is locked down as quick as possible thats what youre saying thats what im saying and i think the economy can recover fast professor Patrick Meehan for a very interesting to hear your thoughts on this thank you for your time here and also you came up. There were police have concluded that Dominic Cummings might have broken lockdown regulations during his trip to the county despite Boris Johnsons insistence that his chief advisors actions were reasonable and legal derm constabulary have examined the circumstances surrounding the journey to Barnard Castle and have concluded that there might have been a minor breach of the regulations that would have warranted Police Intervention derm constabulary viewed this as minor because there was no apparent breach of social distancing. Before that his trip to darwin with his family didnt in itself constitute a breach of the lord despite government guidance to stay at home they did find his drive to Barnard Castle to check easily site before the journey back to london could have been a minor breach and had he been stopped by police and they would have advised him to return to durham downing street says it considers the matter closed but a growing chorus of over 80 tory m. P. s have criticised cummings with at least 44 saying his position is untenable x. Northern ireland secretary kerry says he should consider his position while former defense secretary morton said he had undermined keep Public Health messages while former chancellor such a javits as cummings journeyed to darwin was unnecessary but didnt call for him to be sacked. But johnsons loyalty to come in this could be the start of a gradual wane in popularity according to a leading polling expert former you gov boss peter kilner likened the crisis to john majors blunt wednesday moment when the pound crashed just 23 weeks after his election win and for johnson the coming star also broke 23 weeks after he secured his 80 seat majority and his crisis lost him the trust of lifelong tory voters paving the way for tony blair has a landslide victory well polling shows that johnson might be in a similar position with a Hung Parliament expected on the latest figures well for more on what the coming saga might mean for johnsons popularity im joined by polling expert Professor John mcafees sejong great of you to be with us this afternoon now both major and johnson had these crises 23 weeks into that term its i wet it isnt it almost but are they really comparable to. Knowing a sense in the the duck dynasty when the United Kingdom pound it was for stocks of the euro pretty Exchange Rate mechanism that he was part of all that that was clearly a perceived as a policy for the end of the day the government want to be part of the Exchange Rate mechanism the markets force the power dogs on the up seriously undermined at the electorate perceptions of the governments ability to handle economy a change of perception from which it did not recover despite the fact that was 4 and a half years to the general election and argy bargy 7 in this case what weve got is not a policy failure. A widespread perception amongst the public that somebody very closely associated with the Prime Minister did not keep to a set of rules to which all of us were big urged very strongly to keep. That for as a result there is a feeling the particular given one of the other individuals who are broken the rules who are prominent positions of how to resolve the darn current should. Resigned so this is much more to do with the actions of an individual that the necessary failure of policy or not for example the moment sitting in arguments about whether or not the u. K. Government has or hasnt had to at the present a crisis more broadly effectively it even though of course some of the analysis of it puts out suggests that probably the case going to end up was one of the high death rate so that the different accounts of that said interesting question is it might still be the case the this incident has to consequences what is date that is upset quite a significant portion the conservative part of it you talk to which other 2 in the wake of part jones but a teacher when the general actually get an overall majority. Was a very client indeed and he may now find himself in future with another piece or with uncertain a sickly trusted Boris Johnson who may no longer be willing to trust his judgment his 2nd risky tax is that into a dominant cummings trip to durham becomes part of the wider folk rule though we all of us associate with this pandemic which is affected all our lives. And theres a result of people the wider public are more likely to be critical of course johnson in the future and the doubt is as it were a block walk on his copybook that some need is some voters may want to make a site to Carry Forward for quite some considerable time in switching so not damaging no them Boris Johnson shouldnt be too are you you mentioned a bunch of quite a few times but hes got 5 years in government isnt he so far is gone but they put 2 reasons for the government to worry the 1st is that it spent 5 days ministers and then mr cummings himself defending what he did we know from the father you got told to just when the phone story 1st came out and optimistic coming stay. The those efforts have failed this is one subject on which the government ministers have been unable to move the dial of Public Opinion this isnt just simply labor viruses or remain voters its a is there a hostile conservative voters feel that mr comey should resign and thats why this is being such a potentially damaging issue for the public the 2nd thing is yes for what its worth the opinion polls which were up none of them more than 4 weeks ago who were giving the government a 20 point lead in the polls over later its now running at about 6 and 2 polls in the wake of these events and you can certainly see in the short light at least now that the government has taken something of a political hit sir political head and those are not signs that any sensible it mystery shouldnt couldnt afford to ignore what does just finally sickest on the need to do to really trying to capitalize on this and strengthen any sense of a lead in the polls well the evidence or the truth is i think their partys tactics of being to another the conservative party to have been sown eternal battle and i think thats been perfectly correct up to this because excite internal dissension is good because in boston most create for melo probably given the. Police about their statement but Boris Johnson is still intent on keeping him probably now the labor party will want to weigh in on this debate but theyre not going to focus on mr cummings they want to try to focus on Boris Johnson and try to persuade the public that this is an indication the course johnson is props not quite as good as the Prime Minister has perhaps some of the whats also they will want to try to why did the and im sticking as it were the blame on the Prime Minister were other than they said this isnt a bit awkward about the bullets your other words of the actions of mr cummins professor dont cut it thank you very much indeed youre welcome. Lets take a look at how the pandemic is affecting the 4 nations recording to individual Health Authorities have been 213 more deaths reported across the u. K. In n. H. S. England has reported 185 hospital deaths since yesterday the scottish 1st minister has announced 12 across all settings wells has reported 14 and northern on and to. The scottish 1st minister says her country is now entering phase one of the exits. From tomorrow scots can meet with other households up towards one observing social distancing the countrys resisted Boris Johnsons attempts to change measures much of the Welsh Government has reiterated that its approach to lifting will remain cautious to protect the n. H. S. And social care system i. E. Changes to regulations are expected to be announced by the countrys 1st minister tomorrow a Northern Army could be facing a black market in Child Care Services according to the nor the nominal childminding association it says hundreds of registered childcare businesses could collapse during the lockdown paving the way to a rise in registered campus. For the global figure and the 5700000 that have been infected this according to worldwide dezi committed by Johns Hopkins university theres been over 356 fouls and deaths and over 2300000 recoveries. Italy will recruit an army of 60000 volunteers to help enforce social distancing rules and public spaces socalled civic assistants will want to pizzas parks beaches and markets. As extent of the citys lockdown until june the 14th but restrictions will ease for monday allowing for outdoor walks and exercise and the reopening of Retail Services including drawing cleaners and repair shops. Still to come to. The b. B. C. Is on the phone after a bit of newsnight host and we make this breach in the rules for their comments on coming straight to the room during a lot done. Every single culture on earth has prohibitions against. The same time virtually every culture. Wars you enormously if youve killed the right person in one setting it is the most horrendous. And. One thing they will give you for the people who through you because of the people will mate with you because youre good at doing that sort of saying. Part of something is better than nothing and so losing money is part of the Money Laundering model as a model of Business Model and we look at these unicorn. Ballet like the ones you mentioned we work. That way fair. Theyre all losing money exponentially so many after a. While maybe the model is to lose money and so theres laundering the Money Laundering the money. I mean the cost in charging the future we didnt do any good theory to precede it is the economic damage. The prices change the game look on the entry theres going to be. And are there lessons to be learnt. The United Kingdom along with the u. S. Kind of australia have issued a joint statement condemning china for its imposition of a new security law in hong kong the statement says beijings move is in direct conflict with a un declaration this is the u. K. s foreign secretary dont rob says he will extend the visa rights of british overseas nationals in hong kong unless china backs down and beijing protests have broken out in the city. Looks at whats at stake. With current of ours dominating the headlines since february many of the stories have to fall into the wayside but one making a comeback as the wall stops return to normality the hong kong protests are now up to several months of her spite stay so serious scuffles and not came off to thousands of protesters took to the streets on wednesday the day ending on a really sour note with around 300 arrests and Police Using Pepper Spray bullets because they suspected some of the protesters had weapons including pecial bombs. We know that anti China Sentiment has been building in the region for almost a year but that was reignited last week off to beijing announced plans for a new piece of legislation the National Security all that has now been approved the bill has been approved by chinas legislature and it is possible that could even come into effect would then im asked to oak weeks now that would ban treaty on terrorism really any behavior that threatens National Security also this week at m. P. s debating and not the bill about the National Anthem and that which criminalize insulting them on could see people face fines and potentially even jail time so frustrated people poured onto the streets chanting things like hong kong independence its the only way they see beijing and more and more to fear and hong kongs stress which seems strange because of course it is technically china but since 1907 the area has enjoyed and large degree or 2. Anime under its one country 2 systems rule one thing is certain this is not going to do anything for us china relations the 2 are of course economic competitors something washington does not take kindly to so weve seen trade wars shop rhetoric but in the wake of covert ninetys this fragility has really turned into an open tension as the us the late china for the pandemic against all of this beijing has said that it will not tolerate any type of interference. With the question of the Hong Kong Special Administrative Region National Security legislation is entirely chinas internal affair no foreign country has the right to interfere if anyone insists on harming chinas interests china will have to take all necessary measures to firmly hit back some say that beijing has good reason to adopt such a strict tone after all in the past we have seen u. S. Government employees meeting with some of the hong kong protesters and and washington from the outset has very actively encouraged what it claims is hong kongs fight for democracy. The b. B. C. Is under fire after admitting newsnight host and he made this breached impartiality of rules for their comments on Dominic Cummings it was confirmed she was asked not to present last night show after the veteran reporters monologues spot at least 247 of calm complaint because Kate Partridge has the details. In a Global Pandemic the rao dominating the u. K. s headlines is about the Prime Ministers special advisor Dominic Cummings made a controversial trip out of london during the coronavirus lockdown which has infuriated some people including b. B. C. Newsnight presenter emily mayflowers he made those who struggle to keep to the rules feel like fools and as allowed many more to assume they can now flout them the Prime Minister knows all this Boris Johnson has chosen to ignore it the tirade was explosive and provocative and social media responded if emily made list gets told off cummings doesnt then i suggest we start a revolution emily mail is opening isnt biased against the government the facts are biased against the government but not everyone agreed. Understand that the b. B. C. Is being inundated with complaints about emily as a news night from last night ive also put in a complaint and im sure many many more well a. B. C. Reporting sunk to an all time low last night i pay a license fee to be given the news not for you to make it up and really make less a news nights were biased beyond belief. B. B. C. Bias oh look the b. B. C. Have deleted that emily made list clip perhaps the public dont enjoy partisan editorializing monologues quite as much as they assume and you can make an off come complaint here and thats the key point according to the b. B. C. s own guidelines all its output should achieve jew impartiality news presenters are not allowed to express their own view as fact we must be inclusive considering the Broad Perspective and ensuring that the existence of a range of views appropriately reflected. It must be clear to all where personal are being expressed but this wasnt clear on newsnight there was no verbal indication or on screen graphic to clarify that this was an opinion nor were the words arguably or according to Public Opinion used which has left some people concerned its sensational media understanding really what is true and what is not true is the people and journalists have to live media itself primarily they should have their opinions as long as its disclosed as long as they say this is not the opinion of b. B. C. Its my opinion absolutely not every has an opinion but its one that gets muddled as when people think oh why saying not is that what we see think or is that what she thinks they just by their doing in a public format which then brings into question whether its freedom of speech or theyd be writing someone for a t. V. Motive say you know i think its too much because i think they should have an opinion illustrated i think they should be able to express themselves but i suppose it depends in what parameters they do that the broadcaster has ruled that the monologue didnt meet b. B. C. Impartiality standards we believe the introduction we broadcast it not me standards of due impartiality asked off have been reminded of the guidelines but this incident comes when trust in the Mainstream Media is waning according to a new golf poll last month only 24 percent of respondents said they trust t. V. Journalists while 64 percent say they dont newspapers fare even worse with just 17 percent saying they trust print journalists with 72 percent saying they dont the Media Industry seems to be in a credibility crisis and the advent of social media has further blurred the lines between free speech editorializing and the more the b. B. C. Is guidelines have set the benchmark for impartiality and establishing trust between the press and the public but arguably like Dominic Cummings those who make the rules should consider following the. Partridge ot london. And well be back with more in 30 minutes from now including live coverage of the u. K. Governments daily Coronavirus Press conference given today by the Prime Minister. Is your media a reflection of reality. In a world transformed. What will make you feel safe. Isolation full community. Are you going the right way or are you being led to. Direct. What is true what is faith. In the world corrupted you need to descend. To join us in the depths. Or a maybe in the shallowness. I am asked as are the cows the report