Now on bbc news, in an exclusive interview, Dominic Cummings speaks to the bbc s political editor laura kuenssberg. A warning this programme contains flashing images. Troublemaker. History maker. They were no strangers to chaos. Pushing borisjohnson on behind closed doors. Yesterday, i gave a full report of my actions. Until his own mistake exploded in public. And ended up on the outskirts of barnard castle town. We did not visit the castle or walk around town. He never agreed to account for what hes done until now. Mr cummings, youve never spoken like this before. Your story is, of course, completely interwoven with the Prime Ministers political fortune. How would you describe borisjohnson . How would i describe him . In what way . You mean politically . What does he believe politically . Or . As a leader, as a politician, as a human being. How would you describe them . How would you describe him . He is a very complicated character. He, he is unusual in a lot of politicians in having
seem first, welcome to the program, thank you for joining us. it does seem to be a bit of a monday. what does that 02? why does the investor looking to buy risk assets question mark james: assets? james: the fall to -2% is encouraging people to take extra risks, on the basis that they cannot find adequate return and fixed increase interest. so they are having return free risk rather than risk free return. matt: why does it make sense to buy u.s. assets right now? if i look at the wei on my bloomberg to see the moves in equities, the big drops that we have seen in europe to date are astounding. 25% is the year to date drop. 8.5%.p 500 is down it looks like investors will continue to bid up u.s. assets, why? james: if we look at prior periods where we have low real yield, we see higher valuations of good quality companies. in previous growth bubbles we have seen price-earnings move between 45% and 65 and adjusted 31 times. people would say isn t that really very low? rate
new security laws needed to deal with what they say is the higher threat but opponents are staging. that the wall signals the end to hong kong special status plus. the british prime minister himself walked down travel for minister boris johnson refuses to sack him and. making rules that don t necessarily apply. to our viewers on p.b.s. in the united states and all around the world welcome the german government is throwing a 9000000000 euro to the airline giant. has been locked in talks for weeks now with berlin nailing down the terms of the bailout to survive the coronavirus travels slump if all goes through the deal will be the largest german corporate rescue since the crisis began. lufthansa s airplanes sit motionless on the airfield in frankfurt their engines covered in plastic it s an image that symbolizes the weeks of standstill the company experienced during the corona crisis with hardly any flights or passengers or revenue but now the german government will be helping
crisis at the russia/ukraine border. the american ambassador is ready to listen to the russians, but won t be played by them. we are prepared to go in the room and listen to them, but we are not going to be distracted by their propaganda and we are going to be prepared to respond to any disinformation that they attempt to spread during this meeting. meanwhile, house members have been officially notified that there will be an all-member briefing on ukraine thursday afternoon led by u.s. secretary of state tony blinken. cnn s melissa bell is on the ground in kyiv with our top story this morning. melissa, any chance the russians will try to block this emergency u.n. session or do you actually expect they will participate? reporter: well, this is a session that s been called by the united states. we ve heard via twitter from russia s deputy ambassador to the u.n. angrily reacting to the calling of that meeting and suggesting calling on other u.n. security council members to
monitoring of europe s external borders. but eu heads of state remain divided on how to deal with the thousands of people streaming to europe. their interior ministers voted in favor of a quota system to relocate 160,000 asylum seekers. some member states, including the chechnya republic and slovakia oppose the quotas. the u.s. defense s department says the intentions behind russia s military build up in syria are unclear. a pentagon spokesperson indicated the u.s. is closely monitoring the build up. this satellite imagery was provided courtesy of strat 4, a geopolitical intelligence and advisory firm who says russia has been sending equipment and personnel to syria s coastal province since earlier this month. he said the equipment includes fighter and bomber aircraft. antiaircraft missiles and tanks and mobile barracks. the russians have described it as counterterrorism measures against islamic state militants. they say such actions are defensive and they will continue pro