Berea all the troubled history failed to point its hollow point to k. K. K. Exists because america wants it to exist there is a biggest terrorist group to ever operate in this country and theyre dead to media worse also than the people who destroyed the World Trade Centers of the scroll. 54 jets and more than 1300 military personnel are headed to heal some 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. It 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 with rick sanchez where you know as we always like to say we do believe by golly its time to do news again. This is the one business show you cant afford to miss in washington coming up the fed is decided to keep rates steady in the midst of the coronavirus devastation we bring you insider insight on the decision and what lies ahead for the u. S. Central bank clutched at the Federal Reserve has propped up markets the u. S. That is posed an interesting issue for a major debt holder china and later the race is on for the head of the World Trade Organization and the European Union is weighing in we bring you the latest on the run with a packed show today so lets dive right in. And we leave the program with the latest policy update from the Federal Reserves federal open Market Committee as expected fed chair Jerome Powell announce Interest Rates will hold near 0 through 2022 but the real question has been what action will the fed take moving forward. Since march weve been purchasing sizable quantities of treasury and Agency Mortgage backed securities you know or to support the smooth functioning of these markets which are vital to the flow of credit in the economy. Our. Ongoing purchases have helped to restore the Market Conditions and have fostered more accommodative financial conditions as market functioning has improved since the strains experienced in march we have gradually reduced the pace of these purchases to sustain smooth market functioning and thereby foster the effective transmission of Monetary Policy to broader financial conditions we will can increase our holdings of treasury and Agency Mortgage backed securities over coming months at least at the current pace paul added the fed will continue to monitor the situation make moves as necessary and went on to talk about the Economic Impact of the krona virus pandemic. The virus in the forceful measures taken to control its spread have induced a sharp decline in Economic Activity and a surge in job losses indicators of spending and production plummeted in april and a decline in real g. D. P. In the Current Quarter is likely to be the most of your own record. Even after the unexpectedly positive may employment report youre only 20000000. 00 jobs have been lost on net since february and the Unemployment Rate has risen about 10 Percentage Points to 13. 3 percent. The u. S. Central bank says it expects g. D. P. To contract by 6. 5 percent in 2020 but doesnt this big growth of 5 percent in 2021 and 3. 5 percent in 2022 u. S. Equities had bounced back after the decision but fell quickly with the dow dropping by more than 200 points however the tech heavy nasdaq continued its record run on wednesday above 10000 points for more on all of this lets bring in bill bus cohost christine and c. E. O. Of cool intelligence and former fed insider daniel de martino both then i want to start with you here what are the latest takeaways from the fed and did it meet Investor Expectations for what they wanted to hear from drone power. I think that investors have to be happy with what they heard today that the fed is expecting for gross to resume 2021 but at the same time to want to quote here pal the fed is not even thinking about thinking about raising Interest Rates which is kind of a goldilocks scenario were going to have a return to g. D. P. Positive g. D. P. Over there over the next 12 months or rising or so unemployment is going to come down but the feds not going to think about raising Interest Rates which should keep animal spirits that are really propping up the stock market going hes hes hes saying in no Uncertain Terms i am not turning off the Printing Press so that should definitely have pleased investors which i think we saw with the way the nasdaq closed at the very least christi what data point do you think the fed is monitoring here at this point to gauge whether or not to continue being a calm. Dating or to start to tighten as we just heard drone policy. Well this is a really delicate game that the market is actually playing right now like the old narrative that we always spoke about before bad news is good news the worse the data actually looks the better for the market because then it expects to get help from the fed so thats why the markets want Employment Data to be good but not too good that against back to 5 percent unemployment within a few months because then you have the policymakers starting to tighten so the job numbers is going to be a big one to monitor because that will likely set the pace for fed policy and right now Market Participants are also watching for signs of the fed will continue to stay dovish in order to prevent any taper tensions on the day when it hold away from q. E. In 2013 so the market clearly wants a high level commitment to continue treasury purchases so currently the fed has slowed down dramatically those purchases that its Balance Sheet has already blew into about over some point one trillion dollars already but despite this the market is still pricing in that there is about another 3 trillion left to go so we shall see if the market actually gets sad or be disappointed and have a need jerrick leg down so today we actually never got any solid statements from the regarding his purchase and how long they will continue for the only indication we got was that it would maintain these purchases to quote sustain a smooth functioning of the markets which really doesnt give anyone any time i. Dont know know theyve the fed has actually pointed out that the there that theyve never gone negative on Interest Rates they really dont have it in drone policy as he has no real plans to go negative however like you said were not raising rates anytime soon so the fact of the matter is if the economy gets worse rather than Getting Better is this still the case and will we even you know is there a slight possibility that we might see negative rates this year or even next. Well i think that as long as your own powell is running the Federal Reserve that the answer that question is going to stay no he said that the fed is contemplating and he spoke to this in the press conference the idea of yield curve control which has been going on for some time and japan executed by the bank of japan but i dont i think that rather than negative Interest Rates he would take that next step and if need be i also believe that the fed would go so far as to buy stocks as well via e. T. F. Again in the same way that the bank of japan has been doing. One of it to move to kind of markets here and 1st well start with commodities or oil really took a dive today after a surprise jump in crude inventories is persistently low oil prices kind of here to stay at least until we see all that travel and everything kind of pick back up after the crowbars paid emigres over which we dont know this may still be another year to 16 months out. And i think the persistently low oil prices are going to be here to stay because right now indications from the a. P. I. Data shows us stocks built up quite a lot between both crude and distillates and total crude stockpiles including commercial and as you know i mean by about 8000000 barrels now thats the 2nd largest buildup in the past 6 weeks that we had and today you have Goldman Sachs also issuing a warning that the bounce in oil may soon be over and that it was completely overdone and the u. S. Shell industry will start hurting again from another sharp fall in oil pricing coming in the next few weeks so we already see this happening in the stock market some of the biggest producers of shell war which includes exxon chevron and you know sources all of which are trained down between 3 to 5 percent today now the combined weakness and as you mentioned commercial travel and indestructible lead to the plainness in oil prices and Global Markets which is not expected to recover for some time and right now one of the biggest risks of market i should say is that the low price of oil will not only if i think us will also heavily affect the political regimes in the middle east especially saudi arabia iraq and iran whose nation depend her. On oil exports up to 60 percent of it so the us persistently low oil prices could need to a shift in the balance of power as a nations would not be able to prise social services to their populations and country sentence men as well where its almost basically 100 percent dependent on how many they have absolutely no cushion to fall back on and they will have a tough time weathering the storm as its already suffering from one of the worst Economic Crises in modern history no did i want to talk a little bit about equities here with you because you know weve had this this kind of run despite the last few days of kind of meager losses you know lost a couple 100 points here and there in the dow every day as we talk about that as they can still hit that Record Number now with record unemployment news of a recession obviously of civil unrest in this Global Pandemic i mean our investors really is that confidence just there because of the fed intervention and they know theyre going to be there. I think that theres only one reason that the stock market is up right now and that is the Federal Reserve hes got 40 percent of the s. And p. 500. 00 that cannot provide Earnings Guidance a year out so you cant even really calculate what the what the broad price to earnings ratio is but we did we what we do know is that valuations are at an extreme we havent seen retail participation the likes of what weve been seeing these last few weeks said it really has been a matter of weeks with the micro investors swarming into insolvent already bankrupt companies once you get this kind of animal spirits going and an assurance from the fed that theres going to be a 1999 style of Alan Greenspan type of support for the stock market we could easily see this thing run the risk is of course that the feds actions are encouraging corporations that were already over indebted coming into the corona crisis to take more debt on yet while its inflating at the same time equity market bubble the likes of which weve never seen so id hate to be the person in charge of the fed when both of these dueling bubbles burst. You know booth and christie i would have had a whole show on that last one there thank you so much for your time thank you thank you. And the Federal Reserves analysts printing of dollars in order to stimulate the economy is resulting in a new set of consequences for one of the largest holders of u. S. Debt china according to new reports china the 2nd largest foreign creditor has decided not to wait for the devaluation of the dollar and is actively selling american Debt Securities joining us now to discuss those of us journalist ben swan now but the Chinese Government has sold off u. S. Treasuries in the past to correct and what makes this time different than the last time. Well one thing that makes it different is kind of the situation they were in globally look at chinese have sold off dead in the past including 110000000000. 00 just last year alone about 10000000000 dollars over the last couple of weeks so its not a new thing necessarily but what makes it different is that china seems to be actively trying to divest right now of that u. S. Debt and u. S. Securities and trying to let go of those in the midst of a time when the u. S. Is as as chrystia danielle were just talking about when the u. S. Is printing money at an astonishing rate with the fed intervening as it is in the economy printing some 2 trillion dollars just in the 1st quarter of this year alone and now ben part of the reason for this move was because reportedly the fed was looking at negative Interest Rates despite drove to being specifically against it as daniel said as long as hes in charge is probably not going to happen she is the fed insider she knows better than any of the lot of us but as of judge day the fed you know did not lower the rates will that actually make any sort of difference well not sure it does make a difference in terms of the way chinas you know because i dont think china is necessarily going to listen and say well we trust the drone paul is not going to do this and if its not your own pal then it might might be someone in the future when youre holding as much money in terms of u. S. Securities that the chinese are holding youre going to want to divest of that china is the 2nd largest holder of american debt in the entire world and so when youre looking at negative Interest Rates you know that obviously thats good for you know what the Federal Reserve is trying to do if they get to that point but its terrible if youre holding that u. S. Debt so i dont think the chinese are necessarily going to take solace in the idea of the drone paolos going to save them at some point and again they going to look at the situation and say remember the Federal Reserve has been talking about negative Interest Rates for months even though they havent done it now as of wednesday they said theyre not going to it doesnt mean they wont at some point in the future and how much of this is actually about china attempting to kind of move away from the u. S. Dollar as the World Reserve currency because weve seen some other nations not like move fully off of it but kind of sell their stakes to diversify. Yeah i think thats exactly what it is i think more than anything else what were seeing is if you imagine the chinese and other nations of brics nations so brazil russia india china and south africa essentially looking at the u. S. Reserve currency as a currency they want to get away from in terms of the economic control that the u. S. Has as a result of it and so when they look at that they say well what do we do in order to really break free from that this is one step on the staircase that does that there are going to a lot of moves made by the chinese to break away from the u. S. Dollar as that World Reserve currency i think this is one of those steps certainly to do that and to divest themselves and open quickly before we were actually you know when im out of time but boom bust cohost ben thank you so much for your time. And time now for a quick break by here because just on the other side the race to head the w t o is heating up as the e. U. And mexico have made moves to seize the spot straight ahead we bring you up to speed on the state of the race never get a break here the numbers of the close. Has changed. The pharmaceutical companies the miraculous solution. Based drugs talk to people who are chronic pain patients and believe that their prescription is working for them and the remedy be said to. Price that they paid was their dependency and addiction to opiates to long term use that really isnt scientifically justified and ill study actually suggested that the long term effects might not just be absence of benefit but actually that they might be causing long term. Ah no team no crowd. No shots no. Action is the goal to be. Going away as dr no the 1st. Point should your thirst for action. Know what a clip of she will no use to store blood on the square i knew my its always at the k. I was sober at school more one on the late. Know its an. Immediate what happened today thanks to the mood at the. Smithsonian national. Effort to do that thats what i. Said. Yes. Yes. I i i. Then welcome back the nomination process for the next director general of the World Trade Organization began this week it is set to go through the 8th of july and european trade commissioner phil hogan confirmed he is considering a move to secede brazils roberta as of 80. 00 who is vacating that position a year early at the end of august now the comments from home again come as e. U. Member states consider the prospect of unifying behind a single european candidate now officials have said that discussion will be had in the coming months no hope and spoke about the importance of naming a strong leader to the w t o during a video News Conference on tuesday saying i think there is an important amount of work to be done to reform the organization to make it more effective and efficient but also to deal with many of the trade issues that have been bedeviling the International Community now arising from covert 19 now mexico has nominated senior trade official has to say at a who helped renegotiate the north American Free trade agreement and several other nations in the process of working out their nominees melissa lets take a broader look at the World Trade Organization with professor Richard Wolfe host of economic update and author of understanding socialism fessor was always a pleasure to have you here and i know this is something you are likely passionate about i want to start with this comment from hogan he says a lot needs to be done to reform the w t o can strong a strong leader actually do that within this organization or or is the deputy a lost cause. I dont think its a lost cause but its becoming a political football and i think that what people have to understand because that will go into determining who the next leader is but also what the organization darrens the whole point the purpose of the World Trade Organization was to prevent countries from abusing each other as they tried to manage their Foreign Trade all countries do with the United States for sure among them and the question was you dont want to let the go too far that we become burdens on each other as has happened in history before that was working pretty well with villages until something fundamental shift that 2 thirds won the trade war between the 2 biggest economies in the world today with the United States and china and number 2 that turned the trumpet ministration away from free trade in globalism george protection the whole world including everyone in the w e l is trying to figure out now the number one question is is this a peculiarity of an unusual and b. And b. Air president or is it in a really a change more than the republicans more than mr trump isnt change that the United States is really going to go it alone internationally thats the big question but what i want to get to next is that if it was something that you were kind of alluding to there is you know the deputy oh appellate body has essentially been hamstrung by the United States due to the fact that the trumpet ministration basically has held up any nominee and any appointment to that body which actually makes rulings on trade disputes as we were discussing which makes the body completely less effective and almost useless at this point now is this going to cause an issue or is this going to be a pop up push that youre going to see as we look for an area that has not as we but as as leaders look for a. New leader to the World Trade Organization. Yes it is definitely already playing that role the rest of the world is shocked sac angry to return i dont know what are the adjectives to use at the drop of the United States from participating not just in the number you know but in the paris climate agreements and a whole host of activities like that and the rest of the world as i say is trying to figure out navigate around the United States will the United States really pull back if so what is it were going to do minus the United States i would caution something very important if the United States continues on the path charted by the republicans under trump youre going to see a further isolation of the United States the rules governing International Trade upon which the United States the parents will be written by people other than the United States and theyre going to put their interests ahead of most of the United States at a time of already serious economic difficulty that strikes me as a very dangerous moment and now professor wolf also i mean obviously the really didnt get too involved with the u. S. And china as the trade dispute was happening i mean last year it is continuing where were kind of ignoring the fact that phase 2 is going to be talked about they just havent started negotiating because of things that are happening throughout the world right now but is that going to throw a wrench into things and does that also stop the u. S. From actually having any sort of ambition to strengthen the w t o when the u. S. Knows that well maybe the deputy might rule against us but they cant rule out anything at this point. You know i think youre going to see a very bad spiral theyre going to make decisions without the United States but this is a patient more and more those are going to go against the United States at least more than they have that will make hostility in the United States role and youll get into this nations cycle that makes itself worse which is a replication of what has happened with china over the last 24 months anyway and its part as i say of just broader refocusing of the United States the rest of the world is still wondering as is that with or is this election maneuvering by an unpopular president or is this really a commitment of the Business Community in the United States to try to retool the dominance it wants and by breaking a lot of the globalization that he was the big promoter of for so many years and now professor will fire by the maybe 45 seconds left but i rather like the highs of the u. S. Trade representative had actually pointed out to hogan he made a point about saying its important to have someone from a developed country be the leader of the w t o in 30 seconds is that relevant to you. I dont think so i think thats political maneuvering the europeans are very distressed they have been many ways the most at stake i mean hitch their wagon get the United States if they shift on worried about is happening they dont want to be in a position to shape what happens next and thats why theyre pushing and i think the United States is afraid of exactly that and so well go with some lesser known among the smaller country kind of person professor Richard Wolfe host of economic update thank you for that insight as always. And file. The International Space station was just the 1st step for a private Company Getting involved in private Space Development now elon musks space x. Is prioritising Starship Archie correspondents from each other as is following the latest developments and files this report. About a week after the successful launch of the crew dragon capsule to the i assess space x. Founder in d one musk is mapping out the companys strategy for whats next 2 lifted off from historic launch pad 39 a while most has been busy with the manned mission to the i. S. A. s and satellite launches he is now shifting his focus to another Major Mission in a Company Email to space x. Employees he says that starship is the companys top priority and is forging ahead with his plans to transport a human colony to space in the twentys thirtys the rocket aims to be fully reusable and launch as many as 100 people at a time on missions to the moon and mars musk has confirmed on twitter that he plans to stick to his ambitious launch schedule of firing up the 1st ship towards mars by 2022 these missions will haul cargo designed to support future manned missions to the red planet. While the Starship Development program has suffered several dramatic setbacks the gigantic spacecraft is currently undergoing construction at space x. This facility in texas must pass to means that it will take about a dozen Starship Missions to the red planet to deliver enough material to build a selfsustaining colony there now are the mars favorably in line about every 26 months or so depending on how many starships space x. Builds and launches we could conceivably have enough gear on mars 1st human settlement by 2050 reporting in new york trinity each of us r. T. And thats it for this time you can catch boom bust on demand on the brand new portable t. V. Up available on smartphones through google play in the Apple App Store by searching portable t. V. And also by that portable t. V. So you next time. Point is now made it to big gates of the central bank in the chaos just like of course the apocalypse now was a remake of part of dark best then it really reflects the chaos and sanity of the vietnam war americas heart of darkness americas plunge into the imperialist insanity by spending billions on to conquer a really nothing interest but spending billions and trillions to get there were servants a repeat of the insanity on a much more epic scale. This drug where her cocaine is where 4 bucks with the under 50 its the everybody used. Cocaine you can smoke it this is worth. 30. 20. 2 this is a a 15 people smoke this one figures are. You going to these drugs in any city in the United States that you want long as you want to get it about to. Make money. And thats what the. Structure of nature is connected to. Thats and theres a lesson. We need to be listening. Going to repeat this over and over if you continue to destroy the last place. And we introduce these. Welcoming our viewers from around the world live from Central London this is our 2 u. K. Tensions continue to meet ongoing black lives matter demonstrations from we hear from a community advocate. Whistleblowers from 23 institutions accusing home bosses of withholding information from residents testing positive for those with 19 ill be joined by the fund about 11 charity. My Current Health care workers are still being offered to pay hundreds of pounds in Health Services surcharges thats just fine to government promised they would be exempt from the fee. And report claims the coronavirus kind of a cause exposed and takes out something to existing inequalities in britain ill be joined by an Economic Development expert. Likewise much of protests are continuing around the world sparked by the death of unarmed black man george floyd in the u. S. At the hands of a white Police Officer tensions continue to flare between part demonstrators and the police with violence on both sides of the debate in the u. K. Well counter black clothes matter protesters were filmed chanting go back to africa to demonstrators in the town of protestant north of london that says 2 men were filmed assaulting Police Officers in acme in london and moved to conservative london merril candidate sean bailey also linked to recent protests. Protests have also led to rouse over memorials with statues of slave traders targeted by demonstrators in bristol it would cost an statue which was thrown into the harbor by protesters on sunday has been retrieved by the local council is being kept in a secure location with plans to eventually place it in a museum or store it is important the southern english county of dorset say the statue of the founder of the Scout Movement robert badenpowell now wont be removed despite concerns it could be targeted by powell is accused of racism and supporting at all for hitler. Or florida all of this i was joined by Community Advocates want to again she told me that the public took a stand to remove the statue of Edward Colston but the offer it is are now acting to do the rest of the work. To be concerned but you have to realize until all the protests the limbs are being pulled down in the 1st place is only a few that been pulled down today by members of the public so many. Who are damaged but those bozos have made friends awareness a little more. And highlighted by these that you should raise 3 people who are given a role you know has to be not larry but within the museum or other location where the problem is that doesnt vandalism tarnish the movement itself. What is it that is an organizing miners really fast lane changes and slave owners the most are the being bought in the state traders some form or shape weve got growth and of these people and this gallery is linked to receiving who and then you have money. Which we as a black community i am a black woman have to look at nelsons column analysis a decade and wonder why with the liberating and man who was a criminal not congress but the police have to try to careful i dont they they dont want to inflame things they want to allow democracy and protest to continue but they also dont want to let people do exactly what they want which might be criminal so they do have a fine line to tread dont they. Do but also instill the. Governments little voice into that its simply they saw what happened recalls didnt. Look good sound all the monuments very quickly. Looking at the site so the public dont have to get involved in taking that any more than out of the only doing that theyre ready to look at the documents yes the. Colonial history and statues arent unique to britain a defined across here or in paris around 200 streets take their names from past figures r. T. Shallot do bensky takes us on a tour of the most controversial. Harris the city of lights yet could the shadow of frances past be about to die in that as protesters across the world are demanding that monuments and using the storable figures with links to the slave trade and colonialism are pulled down how could that play out here well to start with the city would have a lot of renaming to do some 200 ave streets in squares or have a colonial reference take this one all who call seems pretty innocuous right minister over movie the 14th but you only have to scratch the surface to find out that the man its named after is accused of drawing up the code you are now in laymans terms thats the legislation that not only defined conditions of slavery in french colonies but it also restricted the activities of black people who were free and what about this work because theyre all its named of a distinguished french general but there was little to let you know that he also once was head of bursts leaving plantation and took part in france is rooted subjugation of algeria better scrub that one off to hold work was as do all a just and a physiologist hes credited for his publications which are the oxygen could be toxic to some insects and animals now im not only is this street named off to him but so too are some of the bistros of the cafes here so he must be good right though it seems his theories on race were even more toxic and that we read Hebrew School textbooks used until the 1930 s. Which claimed that white people were not only superior but also more intelligent than black Chinese People aps we could just rename this street appalling burn. Now this is. One of my favorite streets even cities seemingly busy cafes and food shops and it would take you 2 weeks to eat your way through here but then theres this. As you can see its already been targeted by someone who is less than happy with it being in plain view and then theres the p. S. To physics stories napoleon the bonaparte monuments in paris just like this one in front of the moon are littered with his image piece possibly the most famous and celebrated frenchman in history but the former emperor has a checkered past and no im not just talking about the defeat to see which are by the way has become a word in front synonymous with the proverbial poop hitting the fan napoleon the bonaparte not only invaded and plundered countries like egypt and syria he also restored slavery in the caribbean the whole 8 years after itd be abolished by france what about raising dams this monument to the little corporals victories but thats going to be a tough sell changing of the street names or even taking down the monuments may be easier to come couldnt all the recognition but much more difficult is to raise the entire colonial history of a country like france a history that is weve to rouse a city like this in paris instead some argue that we shouldnt change anything and instead educate people about the misdeeds of the long phrase to you raise who also had a long and dark list of transgressions joe di vinci r. T. Paris. Well meanwhile one manchester based businessman has set his sights on trademarking the black lives matter of protest slogans. George just to be true wants to use the slogan spotlighting wristbands and other goods hes applied to trademark the phrase i cant breathe which were the final words of george freud as well as the movements name black lives matter he says any money raised will be used to help in a city children in manchester. Were tried not reported timmins told me applications like this arent usually viewed very favorably. By the 50 applications already around well mostly in the us which i guess is in a surprise and so far none of the greeks registration i think generally are the offices dont take too kindly to applications that seem to take advantage of clue movements all while terms are seen as kind of positive for society is the history in telling these Campaign Slogans into brands this is the 1st of application is it. No. Sadly if any friends and that become publicly globally not its almost definite that someone or an entity will try and claim time out rights for it so i think one of those well known examples of this was shortly after the column after mascara paris overload of the well there were some up close and socialists we try. And the french like the authors are unaware they rejected or in the 1st couple of days after the massacre the people wanting to take control of it to have a monopoly on clothing and a monopoly on various bits and services and the eye of the Office Actually released a Public Statement saying any extent of this were going to reject it because it is clear its its its a phrase for the public and i think i dont like that rise matter. And time slate george broad i think people would generally agree to probably be in the public sphere. Whistleblowers across 23 care homes have accused their bosses of intentionally keeping information from them about residents who tested positive for corona virus all i could think of was how many types have we been in there and who did i come into contact with after that the senior said it was true but that we should play it down as it would make us look sloppy and upset all the families that it was ok as the resident did not seem to have any symptoms how can you trust them all that banging on about having tests and this is what they do when a case is flagged up when i found out i was so mad i asked the manager why they had not told us and was going to happen again she just gave me a dirty look and said whats all the fuss about the care homes have proved controversial for the government during the pandemic after it was accused of sending patients back into homes without being tested for the virus Prime MinisterBoris Johnson has refuted the claims saying medical professionals would only discharge patients if they were medically fit according to statistics washed up to date around 12000 people have died with coronavirus in care homes and family members whove lost loved ones theyve also forced their grievances. I remember the last day i saw my mum we hugged each other really tight i keep seeing her face that last time i wish i could go back in time and take her out of the she would still be alive one of the stuff rang me they said someone would covert was being admitted from hospital they were really scared i promised i would not say they told me it spread around the whole home my dad is dead he should not be dead. I cant believe my mum has gone this is the worst pain i have ever felt my mom was elderly but she had a lot of time left she was always so full of life she filled my world now she is gone and all i can think of is why why i like this suffering so much. More to discuss this are now joined by the author of the whistleblower report and founder of the Charity Compassion in care thats eileen sharp i mean thank you for joining us lets look then at the words of the Prime MinisterBoris Johnson said medical professionals would have discharged patients back into homes if they werent fit to live or do you think. Im sorry but the reality is very very different and weve been reporting will be in their new whistleblowing charity thats been reporting on the helpline data every 7 to 10 days and all of the trends that weve identified from the evidence that staff are being given 2 hours of or been given to that evidence has been vindicated they were the 1st people to alert as to the fact that people were being admitted to the home with coded they were the 1st to highlight the issues around whistleblowing and what was happening to people who raise concerns so as johnson he needs to take a leaf out of our book and he needs to start listening to people on the front line are not what the management or the Care Industry representatives are saying but were the actual care staff from the front line is saying because they know exactly whats going on and theyre painting a very different picture or heard some Shocking Stories i mean how representative do you think they are about care homes allegedly covering up cases. I think theres a major problem here social care has been a major problem for a long time i mean you know we all know the Horror Stories and bad care homes and stay open or theyre given a good rating and they shouldnt and they dont deserve that i think that we need to look at the so. Ok system and completely change things in the future we need to learn from this really learn from it not just pour money into it but fix it actually fix it and i think thats why we need a full inquiry into whats happened here and i think as well as social care staff theyre treated their lives are of no value thats how thats how they feel and thats the evidence thats coming across to us their lives dont matter at all and theyre put at risk every day and they do they do a brilliant job theres good stuff in every care home this bad stuff and some homes and theres bad homes but mostly theres good stars that are doing their best and their contact you know its because they care and you know what theyre saying is showing something is really very wrong and it should not be happening could it be the case that some home simply didnt know about some of the cases themselves you know and theres no question about that in every single case i think that there might be a question over some of the cases where the the person that had the infection didnt have any symptoms and maybe the care home owners still that that didnt mean there were infectious i think this very little guidance given to care homes a lot of care homes are operating on a wing and a prayer or making out what the rules are themselves. Deciding if somebody is infectious or not is not a question for care homeowners its a question for actual testing and if the tests come back positive star should be made to aware of that because staff are going into people that have coped with that they are given equipment but if theyre going into people that havent got it theyre given no protection whatsoever and i think that thats a poll in and i think it shows theres a major problem here with how care homes have operate in and how they are held to account when things go wrong. Thank you very much for giving us your thoughts thank you. Lets take a look at how the coronavirus pandemic is affecting the u. K. As a whole. Official government figures confirms the u. K. Death toll has reached 41279 a daily increase of 151 fatalities an h. S. A. England has reported 83 hospitals while the scottish helsel storages 145 across all settings wales has reported 6 and Northern Ireland has recorded one death. For the governments test and trade system has missed a 3rd of people testing positive for corona virus the state department of health and social care finding show that 33 percent a big fake teeth people were not asked and asked to provide were not contacted and asked replied contacts in the week the scheme went on i just by the statistics the programmes boss the said its fit for purpose and it will improve. For the scottish 1st minister haas told thursdays press briefing that scotlands on a bus full of the all value all the right to corona virus infections apos between people is estimated to have dropped to between north point 6 and 0. 8 as into the 5th this compares to between north point 7 and north point night the previous week the figure doesnt reflect changes that have been made since the country into the 1st stage of easing the lot. And now lets look at how the pandemic is faring globally the number of cases has climbed to over 7400000 according to Johns Hopkins university which collates worldwide data there have been more than 417000 deaths and over 3400000 recoveries have been things. Still to come this hour a recent report claims the coronavirus time 70 conflicts posed existing inequalities in britain and. Into an economics and inequality experts. So what weve got to do is identify the threats that we have its crazy going from day shouldnt let it be an arms race off and spearing Dramatic Development only loosely im going to resist i dont see how that strategy will be successful very critical time time to sit down and talk. Seemed wrong why dont we all just dont all. Get to shape out just to get educated and in again trade equals betrayal. When so many find themselves worlds apart we choose to look for common ground. And. Welcome back no in the e. U. Migrants working in the n. H. S. The store acquired to pay the 400. 00 pound Health Surcharge in order to win you their visa thats despite assurances from the government last month that the charge will be scrapped for those working at the frontline of the pandemic. Well the governments fierce and came after conservative party backbenchers joined a labor party push to give an exemption before the fee increases to 624. 00 pounds in october but many n. H. S. Contracts change over in august making the summer period a busy time for visa reallocations for money you Migrant Health care staff and because the government has yet to issue new guidance on the issue theyre still being asked to pay or potentially face the home office rejecting their application. Why dont you leave the surcharge currently contributes around 900000000 pounds to the n. H. S. But many foreign Health Care Staff work in low paid jobs like cleaners porters and carers so for a migrant family of 4 the total cost of the surcharge can be in the thousands of pounds from my work as Group Doctors association u. K. Says the government needs to stand by its promises we have long highlighted the a morality of this charge for Migrant Health and social care staff who already contribute so much to the n. H. S. And social care sector is this really is a further kick in the teeth for our colleagues who have served this during our time of need instead of recognizing this contribution the home office insists that the scrapping of the charges not yet official must therefore be paid or while the government didnt confirm that n. H. S. Workers would be reimbursed if they paid the surcharge now they did confirm it did say information on the changes to the scheme would be coming soon we are incredibly grateful for all the hard work the Health Workers and care workers continue to do in the fight against your own a virus we are working through how to implement changes to the immigration Health Surcharge we know that it is important to get this right and further details will be announced shortly. Now a report by the institute for fiscal studies says that coronavirus has exposed and even exacerbated inequalities across the u. K. Thats his key conservative backbenchers urged the government to drop its to me to social distancing rule to help save the economy on joins us now with more on this either if they so tell us whats the report about well all throughout the coded 1000 crisis weve had many people working in different professions that industries saying that there are disparities between how this virus is impacting different communities whether its based on race class gender and so on the now this study by the institute for fiscal studies would indicate that that is the case now in terms of economically its the lower earners in those sectors which have been forced to shut down along with young people and black and minority ethnic workers who have been the most affected negatively by the cove in 1000 locked down childcare and housework responsibilities they fall on more mothers than on fathers indicating theres a difference and more pressure on women than on men in that aspect also with regards to schools private schools are almost twice as likely to be providing online teaching as schools and poorer areas of state schools again indicating more advantages that for those from more affluent backgrounds theres also a big gap in the death rate between the rich and the poor with those living in poorer areas having a death rate and also theres been an increase in productivity from people working from home and its thought that perhaps that could lead to a closing the gap for example between those living in london and elsewhere around the country people will have fewer costs they want to have to move to more expensive cities travel costs and so on so perhaps for those people who can do their jobs from home and a happy. To do so that could be one way to close the gap now another gap that somewhat want to see close a social distancing gap thus far to meet as has been the distance the government had been advising people to keep apart from each other but there were those in the cabinet amongst tory backbenchers and elsewhere saying that that should be brought down to one meter in line with the World Health Organization guidelines that would help restaurants bars pubs and other outlets to open the doors and to finally get the tills opening and closing and to get money through the coffers so the economy can get started once more and even wait and see on that one but in the meantime that how has the governments response to the coronavirus how could it affect its Approval Rating what weve seen from the beginning of the crisis anyway the government having quite a positive outlook or positive reputation amongst the public with regards to the dealing of covert 19 however in recent weeks thats taken somewhat of a knock now according to you gov who have covered out carried out this latest poll the governments ratings now stand at a 32 percent approval thats down 3 points the disapproval rate has gone up its up 5 points to 49 percent and as for bars johnson himself personally his own ratings to fall into 43 percent while the new labor leader kissed ahmed hes overtaken the Prime Minister 48 percent now its thought that the turning point perhaps in the publics perception of the government and their handling of this crisis was doubly cummingss decision to take that trip to darwin and the consequential lack of any consequences or any punishment for him for doing so in spite of those locked down rules and perhaps an indication across the country that well if the government on supplying the rules for themselves and those at the top arent doing so that members of the public possibly seeing that in a negative light and not doing so themselves in a way to say how that pans out he said thank you very much well for more on all of this im not a joint by economics and Development Expert dr guy standing to sunny thank you for joining us the government has taken unprecedented measures could really have done more. Well actually im very disappointed with this report today it says most of the obvious things we know that low income people have suffered more we know many of the things that sure your correspondent has just summarized i dont think thats particularly interesting i found the reports recommendations stream leafy people talking about need for more education and training well thats not thats not the real issue i think the governments policies have actually made the situation far more aggressive they are increasing inequality quite extensively the wage subsidies scheme for example gives high income earners 5 times as much per month as to the precariat the low income earners theyve been giving interest free loans to major multinational corporations the biggest recipient of a 1000000000 pound loan is the German Company fund Surgical Company and Chemical Company but as for and they dont pay british taxes they and many other companies that get in the loans and so on and not paying their taxes why are we why are we giving very wealthy corporations vast amounts of money donald trump himself gets 1000000. 00 pound tax relief under the schemes of the government all of what theyre doing is actually increasing inequality and leaving millions of people exposed and theres one lesson we should have learned by now which is that if some groups of the left vulnerable and economically insecure and in debt then all of us are going to be left in secure for a 2nd wave and a 3rd wave and excess deaths are going to meant be much much more than the actual numbers who have died so far in the current. Pandemic what a sad no obviously those those groups that you mentioned that are here to represent themselves so it current common bad but really saying that looking at the chancellor i mean hes come up with as youve come up with all the policy he has he cant just write a blank check cant he will have to pay for all of this at some point after the pandemic well then starts thats his problem because hes chosen to throw billions of pounds in a particular way so hes used taxpayers money and bank of england has contributed with quantitative easing again so theyre spending a lot of money but theres spending the money on the road. And theyre not providing basic income security to the population that is what is required and i think that im more convinced than ever that we need a basic income scheme in order to bring vied across the board. Economic security for people to have the resilience to recover from this at the moment the measures theyve introduced are increasing inequality and are creating a bunch of treaty problem Going Forward so that its a compilation of negatives that i dont believe this is solving the crisis britain has performed worse than any other european country in terms of incidence of this disease and deaths from the disease and i believe with the mishmash of policies that weve got including those that are being recommended by this report that actually were going to continue to be the worst performing country in europe because i think that that is a tragedy that took us i mean im afraid to go to have to leave it there but thank you very much thank you very much more news in just over half an hour. We go to work so you stay home for