president trump's comments on tuesday in manhattan features heavily across the american news agenda. the headlines all read similarly to that of the washington post: "trump again blames ‘both sides‘ for violence at white supremacist rally in charlottesville." in the financial times, the central article is on the leading central banks which now own a fifth of their governments total debt, which is more than $15 trillion in assets. the scale is more than four times pre—financial crisis levels. it comes after an unprecedented level of stimulus measures over the past decade. india's 70th anniversary since independence is celebrated with a picture of the country's prime minister, narendra modi, on the front of the business standard. the article highlights modi's calls for a "new india" which is free of terrorism and corruption by 2022. in the gulf news, a border crossing closed for 27 years between iraq and saudi arabia is reopened. it's seen an a significant move after the neighbouring nations cut diplomatic ties following the iraqi invasion of kuwait in 1990.

finally, from cloakroom girl to overnight singing sensation. in the daily express a large feature article on milly forrest — a 23—year—old student who stepped in at short notice at a world—famous concert hall in london after a singer had taken ill before a final recital. and guess what? she wowed the crowds. so let's begin. with us is james hughes, the chief market analyst at brokerage football firm, gkfx. good morning. most acea. not the first time, we start with donald trump, said in the news agenda. —— nice to see you. this story all comes about because of his initial failure to denounce the far right groups that pretty much started a lot of these issues. i don't think

anybody is naive enough to think that there are not two sides to every story. i am sure there are bad sides to both groups. but this is donald trump being off the car. and many years, he is damaging. —— off the cuff. and he is not as damaging to other people when he is off the cuff, he is damaging to sell. he is a ready come out and said the far right groups and nazi groups had been pushing a lot of this agenda. but to cover the next day and say that there are two sides to every story, we already know that, but we know from a political standpoint and eight presidential standpoint, the president of the united states cannot be seen to be seiners. —— a presidential. whether he is siding with neo—nazis or not, that is what

it portrays and puts across. that you are not being hard on this neo—nazis either what is going on here. that is the problem. donald trump becomes an issue for himself. it is just over the last couple of days that we have seen ceos of a large number of boards, gunners. businesses are so large number of boards, gunners. businesses are so sensitive to gravitational risks. and they know the importance of association or tea association at a time like this. that is absolutely case. —— deassociation. that is absolutely the case. companies into protect their clients. when you have this situation, you can be seen to be associate it with these sorts of comments. and it damages donald trump himself. he shoots itself in the foot again. well, he looks like

a racist, doesn't he? by not coming out unequivocally and condemning it. there is no way around. that is a side he comes to. that is the image here straight to shake since his election. —— the image he has tried to shake. and this image that he makes when he is not following a script, when a few days he was clearly followed the script, and was so clearly followed the script, and was so careful with his was because he was reading, and then this time... and it are pretty angry, didn't he? he got angry with the reporters! when you see any speech by donald trump, it is clear when he is reading and when he is going off the cuff. 0f reading and when he is going off the cuff. of course, the one of the reasons many people voted for him is because he does go off the cuff and doesn't follow the line. pagasa it isa doesn't follow the line. pagasa it is a situation like this and it became —— but it comes to a situation like this and it can become very dangerous. this is not to defend what he said, but i wonder

it which ain't anybody‘s opinion of him. in other words, those who hated him. in other words, those who hated him will keep on hating him, and the ones that like him willjust say great. it just ones that like him willjust say great. itjust get wider. moving on to the financial times. all this debt by the central banks. it is a problem with is of their ability to deal with any future crisis? —— is ita deal with any future crisis? —— is it a problem in terms of their ability. >> ten years ago, we had the worst financial crisis that has hit the world for decades. it was an enormous problem and they had to be things done to get that back. —— ten years ago, we had the worst financial crisis that has hit the world for decades. —— it was an enormous problem and they had to be things done to get that back. the number is astounding. 46 trillion dollars in debt. the

federal reserve in the us are currently looking to start to remove some of that. they want to pull back on some of our balance sheet. but that balance sheet is $4.9 trillion. that is amazing. not only do the us owned $4.9 trillion of us government debt, they also own $2 trillion of eurozone government debt. why does this matter? why could this be a problem? there are two reasons why this could be a problem. number one, at the market does not necessarily run the way it is supposed to. the government bonds and the paper markets do not run like a normal markets do not run like a normal market should, because it is so stacked on the side of the government. it is all owned by one place. if there is a market buying and selling things exactly like the financial markets are, if everything is owned by one place, it doesn't matter if it is the us government, but if it is owned by one place, the market cannot necessarily work in the way it is supposed to. that is

number one. but the issue here is there is such a divergence between what is going on between the us central bank and the euro to make you central back. —— and the eurozone central bank. the eurozone are continuing to buy, because they just seemed the recovery that the us has a ready gone through. ten years ago, we knew the problems were there. we then moved all the through and have got all this come about, but there is such a difference in how the eurozone and the us have recovered, and there is such a difference negative. suddenly, we have little time. either we have loads of time. what should we do next? should we do the business standard? next? should we do the business standard ? it next? should we do the business standard? it is the 70th anniversary of independence, a new india free of terrorism and corruption by 2022. this is that narendra modi has been saying ever since he came to power.

the date is the issue. of course, these are hands, and he is looking to be 75th anniversary of independence. this is the 70th now. it is the first time he has looked past 2019 and as elections, us elections go on around that time. so adding it is lost if the him to look towards eto no corruption. corruption is massive in india. it is huge problem. india is an enormous economy that has been dealing with the whole world. but corruption is what holds back. a move to be without corruption would be immensely popular throughout the world for anyone wanting to do business with them. maybe 2021? 22? 0ur producer says we have to go straight to the final story. so we will skip the gulf news. you can read more on that online. go on,

james, taken away. this is lovely story. but it is not quite what it sees. it is like she had never sung before. she is a professional musician. but she did step in at very short notice. absolutely. as a primer took ill and they went to the pokhran girl, or the girl that is dampened the tickets, which is an amazing story. —— soprano took ill. —— cloakroom girl. she got out without her mobile phone, and she came back, and at a number of missed calls. two minutes later, she was on. thank you very much. thank you very much. season. well, we've got a bit of rain on the way on wednesday, particularly across western areas of the uk. but at the moment out

there, it is dry. a lot of clear weather. and also quite nippy, particularly across northern areas of the uk. in the countryside temperatures will be down to the single figures. perhaps 5—6. even on the south coast, about 8—9. but that is in the countryside. here is wednesday's weather map. here is the low pressure approaching. that is going to upset western areas. but to the east, we have high pressure. that means the morning could look sunny for many of us in the east, in england and scotland. south wales will be decent enough too. through the morning, rain does increase and the winds, too. things will get greyer and greyer and then there will be outbreaks of rain. rain getting to cornwall, northern parts of wales, northern ireland, certainly into the afternoon. but it will be fine and bright in many parts of england, especially in the east. 20 in newcastle, low 20s in london. wednesday night, the rain moves through. some of it might be heavy, but it is out of the way by the time we get to wednesday —

thursday morning, that is. early on thursday, still a bit of rain around. then it clears out into the north sea. thursday afternoon is looking bright. fairly brisk. some showers around — most will be across the north—west. hit and miss rain. temperatures will get to 24 in london. 21 degrees in newcastle. to get into friday, low pressure is close to our neighbourhood, essentially spelling further showers on the way. so not much change to our weather pattern. still a bit of a breeze out there. most showers will be across the northern half of the uk. so anywhere along the south coast will have a mostly dry day. and then saturday is looking quite breezy. there will be some sunshine and showers. and interesting things happening in the atlantic at the moment. right now, there is hurricane gert, which is churning off the eastern seaboard of the united states. what is going to happen with this storm system, it is going to accelerate into the north atlantic. it will get mixed up with our normal weather patterns, and then that mess will come our way. we will get wet and windy weather at times. so i think a blustery

weekend on the way. and before i go, a quick look at the weather across europe on wednesday. and there's a lot of hot sunshine out there across the mediterranean. temperatures in some spots will be around about 40 degrees or so, and some thunderstorms rumbling through central europe, as well. hello, this is breakfast with dan walker and louise minchin. britain's largest aircraft carrier sails into port for the first time. hms queen elizabeth is the most advanced warship ever built in the uk — but delayed and over—budget, and still has no planes on board. we'll be live in portsmouth all morning as big lizzie sails into her home dock. good morning, it's wednesday 16 august.

also this morning, no hard border after brexit. ministers say there won't be a return to customs posts between the uk and ireland — but critics say the plans lack