Transcripts For BBCNEWS Newsday 20240704 : comparemela.com

Transcripts For BBCNEWS Newsday 20240704



now what is interesting with this whole _ now what is interesting with this whole concept of intergenerational strife, _ whole concept of intergenerational strife, where it is a very vivid image — strife, where it is a very vivid image we _ strife, where it is a very vivid image. we have broken up the whole populati°“_ image. we have broken up the whole population into three or four groups and they— population into three or four groups and they all have their own colour and they all have their own colour and personality type, but i think are deciding something which is perhaps— are deciding something which is perhaps more important, which is differences between younger generations, rich millennials and poor— generations, rich millennials and poor millennials, are getting wider. and that _ poor millennials, are getting wider. and that has come from intergenerational inequality, the fact we — intergenerational inequality, the fact we have let boomers accumulate all this— fact we have let boomers accumulate all this wealth, and so anyway we have _ all this wealth, and so anyway we have handed them this big decision, which _ have handed them this big decision, which millennials are going to get the wealth and they have decided their own — the wealth and they have decided their own children. a the wealth and they have decided their own children.— their own children. a mini feudal s stem. their own children. a mini feudal system- back — their own children. a mini feudal system. back to _ their own children. a mini feudal system. back to the _ their own children. a mini feudal system. back to the sort - their own children. a mini feudal system. back to the sort of- their own children. a mini feudal. system. back to the sort of feudal s stem system. back to the sort of feudal system where _ system. back to the sort of feudal system where the _ system. back to the sort of feudal system where the instinct - system. back to the sort of feudal system where the instinct to - system. back to the sort of feudal. system where the instinct to feather the hest— system where the instinct to feather the nest of— system where the instinct to feather the nest of your offspring, a very naturat— the nest of your offspring, a very natural instinct, the instinct that led us _ natural instinct, the instinct that ted us to— natural instinct, the instinct that led us to luxury about a century ago to a system — led us to luxury about a century ago to a system where your position in society— to a system where your position in society would depend entirely on the position— society would depend entirely on the position of— society would depend entirely on the position of your parents. we now have _ position of your parents. we now have a _ position of your parents. we now have a more meritocratic system where _ have a more meritocratic system where you're supposed to move up. what _ where you're supposed to move up. what happens now is your family background more and more as dictating — background more and more as dictating your standard of living. so the _ dictating your standard of living. so the standard answer in this part of the argument as wealth taxes and inheritance taxes but that is the opposite of where politics is going. the labour party has just rolled out wealth taxes. it is the labour party has 'ust rolled out wealth t_ the labour party has 'ust rolled out wealth ta_ wealth taxes. it is a very difficult tax to bring _ wealth taxes. it is a very difficult tax to bring in — wealth taxes. it is a very difficult tax to bring in because _ wealth taxes. it is a very difficult tax to bring in because first - wealth taxes. it is a very difficult tax to bring in because first of. wealth taxes. it is a very difficult| tax to bring in because first of all people _ tax to bring in because first of all people are — tax to bring in because first of all people are not used to it. they are used _ people are not used to it. they are used to— people are not used to it. they are used to their earnings being taxed and when — used to their earnings being taxed and when they get wealth they think, i have _ and when they get wealth they think, i have earned less land than being taxed _ i have earned less land than being taxed twice. there is a kind of loss aversion _ taxed twice. there is a kind of loss aversion going on, so we like the idea of— aversion going on, so we like the idea of helping people up the tadder~ — idea of helping people up the ladder. we don't like the idea of helping — ladder. we don't like the idea of helping people down. let ladder. we don't like the idea of helping people down.— ladder. we don't like the idea of helping people down. let me put that to ro als. helping people down. let me put that to royats- there _ helping people down. let me put that to royals. there is _ helping people down. let me put that to royals. there is an _ helping people down. let me put that to royals. there is an issue _ helping people down. let me put that to royals. there is an issue around . to royals. there is an issue around accumulation of wealth. the political system does deliver extra tax burden on working age and seems allergic to putting it on wealth and we are seeing examples of that. do you think that is fair?— you think that is fair? actually, i think the logic _ you think that is fair? actually, i think the logic of _ you think that is fair? actually, i think the logic of past _ you think that is fair? actually, i think the logic of past policy - you think that is fair? actually, i think the logic of past policy in l think the logic of past policy in the past 15 years would actually drive me more towards a wealth tax than anything else, because the policy of quantitative easing and you and i have talked about that many times, actually was designed to make those who own wealth already wealthy heir. it was designed to boost asset prices. clearly, younger people who didn't already have any assets would lose out compared to people who did. 50 assets would lose out compared to peeple who did-— assets would lose out compared to people who did-— assets would lose out compared to people who did. so you both agree. as there a mechanism _ people who did. so you both agree. as there a mechanism hear? - people who did. so you both agree. as there a mechanism hear? do - people who did. so you both agree. | as there a mechanism hear? do you think that the accumulation of wealth by an older generation and then it is targeting, understandably, as we all say, at theirfamilies, does government their families, does government intervene, theirfamilies, does government intervene, really? doesn't seem to be the direction of travel. l intervene, really? doesn't seem to be the direction of travel.— be the direction of travel. i don't see that happening _ be the direction of travel. i don't see that happening but - be the direction of travel. i don't see that happening but i - be the direction of travel. i don't see that happening but i also - be the direction of travel. i don't l see that happening but i also think there is of this artificial element which stems from the crisis in the housing market and that is a separate issue. i don't believe that housing will continue to soar away in terms of its cost relative to salaries. certainly we have all lived through housing market downturns and i hope that at that point younger people will be able to get on the housing ladder. we need to build more homes so that older people will want to move into other accommodation. the people will want to move into other accommodation.— people will want to move into other accommodation. a quick last word to master. accommodation. a quick last word to master- isn't — accommodation. a quick last word to master. isn't the _ accommodation. a quick last word to master. isn't the brutal— accommodation. a quick last word to master. isn't the brutal issue - accommodation. a quick last word to master. isn't the brutal issue that. master. isn't the brutal issue that older voters turn out to vote and there are more of them and that is democracy in action? {lit there are more of them and that is democracy in action?— there are more of them and that is democracy in action? of course, and i atree democracy in action? of course, and i agree that — democracy in action? of course, and i agree that an _ democracy in action? of course, and i agree that an indirect _ democracy in action? of course, and i agree that an indirect way - democracy in action? of course, and i agree that an indirect way to - democracy in action? of course, and i agree that an indirect way to do - i agree that an indirect way to do it is to _ i agree that an indirect way to do it is to make housing more affordable so it matters less if your— affordable so it matters less if your parents and your deposit, which might— your parents and your deposit, which might be _ your parents and your deposit, which might be about getting banks to lend more to— might be about getting banks to lend more to first—time buyers. we might be about getting banks to lend more to first-time buyers.— more to first-time buyers. we will leave it there, _ more to first-time buyers. we will leave it there, thank _ more to first-time buyers. we will leave it there, thank you - more to first-time buyers. we will leave it there, thank you very - more to first-time buyers. we will. leave it there, thank you very much. so that's all from us tonight. kirsty will be here tomorrow but before we go we would like to leave you with pictures notjust of a blue moon or a super otherwise i wouldn't be here. given that parliament's intelligence and security committee has warned about china having successfully penetrated every sector of the british economy. how does your government manage that and still have good trade relations with china? i made it clear that whilst we want to maintain a economic relationship with china, our national security comes first. and if there is ever a situation where our security concerns are at odds with our economic concerns, our security concerns win out. in the days before your visit there was coverage in the press in britain promising tough talk on ukraine, that you would raise this subject with your chinese counterpart and actually call on beijing to try to use its influence on russia to bring about an end to that war. well, i mean, what realistically can be done on that front? and do you trust beijing's reassurances on ukraine? i don't believe it is in china's interest to be seen in any way to be supporting russia's brutal invasion of ukraine. and i don't think it's in china's interest in any way there interest in any way for there to be a perception that they are actively or even passively supporting putin's brutal actions. and i made that point... does beijing care about that? i mean, look, they... i do think in the conversations i've had, i think beijing do care. and i therefore, i think china has an interest, just as we do, to help bring this war to a fair and successful conclusion but no signal yet that beijing is changing its tune on that front. i'm realistic. that one phone call, one visit, one meeting isn't going to fundamentally change a country's direction of travel. but patient, consistent, reliable communications can have an effect. and that's why i intend to maintain my meetings and conversations with the chinese government. around the world and across the uk. this is bbc news. by any standards, this is an amazing exhibition, but that is what art for cure is all about. it's about amazing. belinda grey started the charity nine years ago after her own brush with breast cancer. since that time, the charity has raised £1.2 million. it's the breast cancer charity i founded nine years ago. it supports national breast cancer research and support services for breast cancer in suffolk. and you're all volunteers, so all the money raised goes towards cancer, yeah? yes. that's a great, unique part of art for cure. it's just incredible. you know, great city, great space. you're live with bbc news. gabon's military has named one of its generals as the country's transitional leader after leading a coup on wednesday. the country's long—time president, ali bongo, has been seized and put under house arrest and a curfew is in place until further notice. the military takeover in gabon is the eighth in west and central africa since 2020, and the second — after niger — this year. the bbc�*s africa regional editor, will ross, has more. on the streets of gabon celebrations for africa's latest military leader. earlier, a dozen senior officers said for the sake of peace, they were putting an end to what they called the regime and were taking over. they cancelled the result of last weekend's election. manyjournalists and observers were barred from monitoring the vote. the opposition said it was a sham. and it was no surprise when this man, president ali bongo, was declared the winner. i am ali bongo 0ndimba, president of gabon. and i'm to send a message to all the friends. but this is him appealing for help just hours after being detained by the military in his presidential palace. the people here have arrested me. here's the president's father, omar bongo, at downing street in the seventies. the same family has been in power in gabon since 1967. today, people are celebrating what looks like the end of the bongo dynasty. these coups seem to be contagious. this is niger, which also saw a military takeover last month. it's been a key western ally in the fight against violent extremism in an increasingly unstable region, along with some highly suspicious elections and eight coups in just three years, democracy in africa is taking a battering. as people celebrate the military takeover in gabon, many on the continent are wondering, where's next? will ross, bbc news. the global video gaming industry is big business, reckoned to be worth around £250 billion — more than $300 billion. well now, one big media company, netflix, has been telling the bbc about its plans to increase its presence in the gaming world, as steffan powell reports from liverpool. thanks to shows like stranger things, squid game, the crown and others, netflix helped change the entertainment landscape. now, if i said to you i was on the set of a netflix production, this isn't necessarily what you'd have in mind. you'd be thinking of big spaces, with cameras, actors and directors making television and movies. but it is development studios like this one, in liverpool, that could hold the key to the streaming giant's future. a lot of gamers play chess... to not fall behind its rivals, netflix is turning to companies like ripstone, who make video games. because you're a female in a gaming world, we really wanted to tap into that and help people learn chess. since 2021, the streaming service has offered subscribers the chance to play games on its app. the offering hasn't captured the imagination of the games industry so far, but there are now 70 playable titles and more being made, tied to their intellectual property. games is a really huge part of entertainment, and so it really is a natural progression for us to start thinking about how to offer games to our members. so to stay relevant, netflix is trying to leverage its famous franchises to have a stake in an industry that sees mobile games like candy crush make £135 billion a year. but success is not guaranteed. other mainstream entertainment and technology companies like amazon and google have tried. earlier this year, google's stadia service was shut down, and amazon laid off workers at its games division. i think when mainstream entertainment organisations have tried to enter the games space, they've struggled a little bit, and i think most of that comes down to the fact that they fundamentally misunderstood what it is about games that people love in the first place. they had these big budgets behind them, but ultimately lacked the creativity and uniqueness that we've come to expect. netflix is trying something slightly different, focusing on mobile games that are cheaper and quicker to make, so easier to build up a big portfolio. but the risk is that this approach could lack a scale and ambition to grab players�* attention in a crowded market. but in liverpool, the belief is their involvement will open doors. netflix has an audience of 238 million people now, many of which probably have never experienced a game before, so i think it'll make the games' audience bigger. and so in this fierce battle for subscribers, netflix hopes this gaming gambit is a good move. steffan powell, bbc news. we all know the well known phrase "once in a blue moon". well, across some parts of the world you can actually see it. this is a time—lapse of the moon rising tonight over the uk. it's called a blue supermoon, and is much larger and brighter than usual. that's because it's near the closest point in its orbit around earth. but anyone hoping to see the moon in the colour blue will be disappointed. itjust means it's the second full moon in a single month — something that doesn't happen very often. this marks the first time in five years that two supermoons have appeared in the same month. the last blue moon was in august 2021, and the next one will be in 2026. and the combination of a blue moon and super moon is much rarer, we will have to wait until 2037 to see that again. i'll be back with business news shortly, but for now, thank you so much for watching the programme and do stay with bbc news, and of course a lot more on our website. hello. for those of you that enjoy a big moon, there's a real treat outside at the moment. a super blue moon. what's one of those? well, the "super" bit is when the moon's closest to the earth for the year, and the "blue" bit is the second full moon of the month, so a super blue moon. and this is how sam's house spotted the rising moon here in derbyshire just over the last few hours. now, looking at the weather picture at the moment, we do have some thicker cloud out to the west, that's going to rather spoil the sight of the moon. but across the eastern side of the country, we've got the clearest of the skies. now through the day on thursday, we do have some rain that's going to be spreading in from the west, and that will start to make inroads towards south—west wales and south—west england over the next few hours. as that arrives, so will quite mild air. so 14 degrees in plymouth as we start the day on thursday, cooler across the north and east of the country. so north—east, south—west split with the weather for thursday, lovely start to the day for scotland, across much of northern england. bright with hazy sunshine for east anglia. but across western areas we've got the rain moving in and some of the rain will be quite heavy across southern areas of wales, southern areas of england. otherwise it's probably going to come through quite light and patchy, really. top temperatures around about 18—20 degrees for many areas. now on into friday's forecast, the remnants of that area of low pressure still withers. and really it's a day of sunny spells and a few showers. probably the cloudiest zone of weather will be across northern england, north wales, the north midlands and northern ireland, where there'll be a few patches of rain, one to two showers elsewhere. temperatures, again, high teens to low twenties. but as we head into the weekend, we've got a real change in the weather patterns. an area of high pressure is set to move in across the uk. we're not seeing too many of those over the last couple of months, i can tell you. now saturday morning there might be a few mist and fog patches first thing, but otherwise it's a fine—looking day. lots of sunshine to look forward to with just a little bit of fair weather, cloud popping up for a time. temperatures rising across the board pretty much into the low twenties, 23 towards south—east england. and that is going to feel warm in the september sunshine. and we've got more of that to come through sunday and deep into the new week as well. so quite a long spell of dry and sunny weather finally looks set to arrive. bye for now. this is bbc news. we'll have the headlines and all the main news stories for you at the top of the hour as newsday continues, straight after hardtalk. welcome to hardtalk. i'm stephen sackur. whatever we call them — extreme right, far right or ultra nationalist — it's clear parties far to the right of the conservative mainstream are gaining ground across europe. perhaps most significant, and to many europeans, most alarming, is the rise of the md — alternative for deutschland — in germany. they're running second in national polls and winning local elections. my guest is peter boehringer, vice chairman of the md. is his party stirring sentiments that threaten german stability?

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