tv BBC World News BBC News August 28, 2020 5:00am-6:01am BST
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this is bbc news with the latest headlines for viewers in the uk and around the world. donald trump accepts the republican party's nomination for the us election, accusing the democrats of having a far—left agenda, and being weak on law and order. no—one will be safe and biden‘s america. my administration will a lwa ys america. my administration will always stand with the men and women of law enforcement. the end of the republican national convention signals the start of the final 8 weeks of campaigning ahead of the election on the 3rd novemeber. but america's divisons are laid bare, as anti—trump activists gather outside the white house to protest against the death
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of black americans, at the hands of the police. the state of louisiana assesses the destruction caused by hurricane laura as it ripped through the state. at least six people have been killled. i have a dream — 57 years after martin luther king jr's iconic speech, us civil rights activists recreate his washington march to highlight modern day racial discrimination. hello and welcome. within the last hour, donald trump has formally accepted the republican nomination to run for president in november. he tried to present himself as the law and order candidate and laid intojoe biden, his democratic challenger. mr trump said his rival would destroy the american dream and give free rein
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to violent anarchists. joe biden is weak. he takes his marching orders from liberal hypocrites who drove their cities into the ground while fleeing far from the scene of the wreckage. these same liberals want to eliminate school choice while they enrolled their children in the finest private schools in the land. they want to open our borders while living in waldorf compounds and communities in the best neighbourhoods in the world. they want to defund the police while they have armed guards for themselves. this november we must turn the page forever on this failed political class. make no mistake, if you give power to
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joe biden, the radical left will defund police departments all across america. they will pass federal legislation to reduce law enforcement nationwide. they will make every city look like democrat run portland, oregon. no—one will be safe and biden‘s america. my administration will a lwa ys america. my administration will always stand with the men and women of law enforcement. our correspondence was at the white house listening to him. iam i am struggling to hear anything else above the noise of the fireworks going off, proclaiming trump 2020, using not just the white proclaiming trump 2020, using notjust the white house as a backdrop for a political party rally, but also the washington monument on the national mall. the hallowed ground of american
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history. this is quite an extraordinary scene, never before has tradition been broken in quite such a way. its highly controversial, the use of the white house itself has raised legal questions, but president trump in that, almost an hour—long speech has set out his vision for america, and a vision that he says he can carry into the next four years, should he be returned to the white house. jane, i don't know if you were able to hear the speech, what stood out to you? i think it was remarkable in that, having been delivered in front of an audience, it wasn't the president trump fired up and energised by speaking publicly that we have come to know. it was very, very staged.
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it was almost flat. we didn't hear anything new. there were many rhetorical flourishes but we've heard them all before over the last four days, talking about joe over the last four days, talking aboutjoe biden as being dangerous for america, calling him weak, trying to run him down in the same way that he did with hillary clinton, making him unelectable in the eyes of anybody who might waver from resident trump's own support. jane o'brien there. joining me now to discuss the president's speech is daniel perez, a republican member of the florida legislature and the spea ker—designate of the florida house of representatives. thank you very much indeed for yourtime, thank you very much indeed for your time, i'd just thank you very much indeed for yourtime, i'djust wonderwhat yourtime, i'djust wonderwhat you made of the speech? i'm going to be honest, i thought the speech was phenomenal. i think we have two completely different candidates. on one side in the dnc, i'm going to be very honest, i thought that
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was more of a funeral than a convention but over here and the rnc was a celebration, and on one side we have a candidate and a president like president trump that spoke about concrete fa cts . trump that spoke about concrete facts. he spoke about having the lowest in employment rate among african—americans and on the other side his opponent was more abstract, a man that has beenin more abstract, a man that has been in office for 47 years but fa cts been in office for 47 years but facts is not what he spoke about. let's focus on donald trump in particular then. you say facts and i acknowledge there were a lot of facts in there. he did also say, for example, nobody will be safe and biden‘s america. that not a fa ct, and biden‘s america. that not a fact, that's an opinion. he said there will be a vaccine by the end of the year, possibly sooner. the end of the year, possibly sooner. we don't know that until it is actually achieved and established, so it's a slightly more nuanced picture than that, but can i ask you this, has he set up the scene really to say, above all, it's me or it's biden? it's notjust
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about the last four years, it's this or that? of course, but let's look at what the present situation is here in the united states. the riots that the fa r—left states. the riots that the far—left liberal cities are allowing and our communities are not being run by conservative republican governments, they are being run by the far—left. that is a fa ct, by the far—left. that is a fact, and that's a fact of the same party that joe fact, and that's a fact of the same party thatjoe biden is representing in this presidential election. we cannot run from that. again, we will avoid the terminology to a certain extent, whether it's fa r—left certain extent, whether it's far—left or left or ce ntre—left, far—left or left or centre—left, it can vary, and there is an issue over law and order and i think it is an interesting point here. it is very clear that donald trump supports the need for law and order and the people carrying out that law and order. how do you balance, how do you manage, andi you balance, how do you manage, and i don't know the answer to this, daniel... manage a balance when we also see
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pictures of members of that law and orderforce pictures of members of that law and order force shooting pictures of members of that law and orderforce shooting black men, asphyxiating others. that isa men, asphyxiating others. that is a very difficult balancing act when it comes to an electoral campaign. that's a great point, and it's an important point to make. there is the rule of law which is exactly what the united states was founded upon and the rule of law is not great. it is black or white and something that must be abided by, but just as we can agree that president trump of the president trump of the president of the rule of law doesn't mean he doesn't acknowledge some of the situations and incidents that are taking place in our party. spoke out on the george floyd incident and i don't think anyone can say that the incident with george floyd should have taken place. would say the complete opposite an owner republican colleagues would agree, it should not have taken place. would agree, it should not have ta ken place. but would agree, it should not have taken place. but it is important to differentiate because the president is an important figure when it comes to the rule of law and he is
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standing by at. defunding the police is not an option, it should never be an option. well there is a question mark about what defunding actually means and the extent it would go to but there is one other point wa nted but there is one other point wanted to bring up which is about the economy. we have had about the economy. we have had a pandemic which has obviously had a huge impact, not least on the way in which one might have hoped the economy would be going at this stage, but there are 30 million people taking an unemployment benefit at the moment who feel they have got a very rum deal here. how do you persuade them to stick with it? this is a virus that no—one could have predicted. the president and the white house could have been a democrat, a republican or an independent and our economy would have taken a hit. that being said, i feel way more confident that the economy is going to trend in the right direction, as it already is. look at our stock market, we are already trending in the right direction and i've personally feel more confident for our future personally feel more confident for ourfuture and personally feel more confident for our future and the economy's future to be in the hands of a businessman like
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donald trump than his opponent joe biden, a career politician who has been at it for 47 years with very few accomplishments compared to donald trump in the real world. what is the message being put out by the event itself at the white house? big crowd for donald trump there. all shoulder to shoulder, no masks insight, for example. clearly there is a message there? yeah, there's definitely a message. for one, it's outdoors and the cdc guidelines are continuing to change as our numbers get better with covid—i9 but i thought was an important point you brought up with one of your correspondence a couple of minutes ago that said it wasn't your normal donald trump speech, and i wa nted donald trump speech, and i wanted to point that out because you can tell this speech was a little bit more scripted than what he is used to. normally he is more apt up as he freelances his speech but todayit as he freelances his speech but today it was a little bit more scripted. a very small crowd in comparison to the filled arenas that he is usually used to but
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i was not there on the floor today so i don't know the exact precaution they were taking at the white house but i can tell you this. i was with the president a couple of weeks back and before i saw the president we had to take a covid—i9 test and so did eve ryo ne covid—i9 test and so did everyone else in the room because we were in confined spaces and at the same time we we re spaces and at the same time we were wearing masks so he is taking the precautions to make sure that he is safe and the people around him are safe. sure that he is safe and the people around him are safelj just want to pick up on what you said there about the speech being more scripted and he can being more scripted and he can bea being more scripted and he can be a real perform off—the—cuff. do you think that rather actually took away a little bit of his power to persuade and his ability to get the message out? i don't believe so. i think there is a conversation to be had on how many truly undecided voters are there? at this point, i think donald trump's messages very clear message. is not exempt up as we are used to? today, in comparison to prior speeches, sure. i would agree it was an attempt up as we are used to
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but i don't think that is going to differentiate the outcome of the selection. i firmly believe that president trump will be re—elected in november. that president trump will be re-elected in november. but your belief seems to run counter to the opinion polls at the moment. well, if we listened to the polls, the president would be the president would be the president today, either. polls had hillary clinton winning by a landslide in 2017. according to the polls that you and they are both looking at today, i think president trump is sitting in a very good spot. thank you very much indeed for your time. at least six people have been killed in louisiana by hurricane laura, one of the most powerful storms ever to hit the us. four died after being struck by falling trees and there's been a chemicalfire at a chlorine plant
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near the city of lake charles. paul hawkins reports. the calm after the storm — lake charles city in louisiana. this damage caused by sustained winds of 150 miles an hour had power cuts to more than half a million homes. it was wild. at around one or so, the wind picked up and i could hear — the neighbours's roof blew off the side of the house, and just blew into my house. there was also this chemical fire at an industrial plant. the storm claiming four people's lives, but it could have been worse. it is clear that we did not sustain and suffer the absolute catastrophic damage that we thought was likely, based on the forecast we had last night. but we have sustained a tremembdous amount of damage. this predicted 20—foot storm surge failed to materialise, because the storm tracked 15—20 miles east of the calcasieu river,
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which feeds into lake charles city, meaning the marshland soaked most of it up. it has already weakened into a tropicla storm, with winds of 60 miles per hour, and will continue to weaken further as it heads into arkansas and towards the american east coast. meanwhile, eastern texas is also counting the cost, with places like port arthur underwater. the state's governor surveying the damage for himself from the air, and warning that the weather is not finished yet. one thing that we are continuing to look at is we stand ready to watch and respond to potential flash flooding, as well as potential tornadoes, as a storm continues to go through the exiting process and exiting the state of texas. and there could be an unusually high number of storms still to come. scientists are warning, if they keep appearing at the current case, then the number of storms in this hurricane season could equal the record set in 2005,
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when hurricane katrina hit, 15 years to the day on saturday. paul hawkins, bbc news. pretty graphic pictures, aren't they. the first pictures we got up they. the first pictures we got up from they. the first pictures we got upfrom a they. the first pictures we got up from a place called lake charles, we are going to be going over to the town and a couple of minutes to speak to someone who worked their way through the day. stay with us on bbc news, still to come: 57 years after martin luther king jr's iconic i have a dream speech, us civil rights activists recreate his washington march to highlight modern day racial discrimination. he's the first african american to win the presidential nomination of a major party, and he accepts exactly 45 years ago to the day that martin luther king declared, "i have a dream." as darkness falls tonight, an unfamiliar light will appear in the south—eastern sky —
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an orange glowing disc that's brighter than anything save the moon — our neighbouring planet mars. horn toots there is no doubt that this election is an important milestone in the birth of east timor as the world's newest nation. cheering it will take months and billions of dollars to re pair what katrina achieved injust hours. three weeks is the longest the great clock has been off duty in 117 years. so it was with great satisfaction that clockmakerjohn vernon swung the pendulum to set the clock going again. big ben bongs this is bbc news, the latest headlines: donald trump accepts the republican party's nomination for the us election, accusing the democrats of having a far—left agenda,
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and stressing his record on law and order. the state of louisiana assesses the destruction caused by hurricane laura, as it ripped through the state. at least six people have been killled. let's stay with that story. joining me now is andrea gallo. our reporter with local newspaper the advocate, who spent the day surveying the damage in lake charles and is now in lafayette. i understand you have moved a little bit west to left eye at, a little bit east i should say. tommy, what you experienced during the course of the day and we did see some pictures coming in of some strong winds and what was the extent of the damage? we went into lake charles and it was incredibly eerie and horrific wind damage through the city, it is a big
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metropolitan area and there we re metropolitan area and there were a few paces left untouched by the winter —— lafayette. mangled buildings, trees down everywhere, pretty bad. had moved on from there for you? was it safe? yes, we waited until the storm had moved north until the storm had moved north until we got over there because he wanted to be sure we were going into a safe zone. right stop in terms of the number of others coming out after the storm to assess what had just hit them, did you get an idea as to how many people decide to hunker in town and stay—at—home and in town compared to those who pushed off? lake charles looked like a ghost town before the storm and in the immediate aftermath and i think we may see some people making their way back there, now that it's all over but there went that many people there at the time as far as we know. right, i was
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interested that president trump referred to hurricane laura in his acceptance speech an hour ago and praised authorities for the work they had done in making it as safe as it was and a lot safer he said and better that many had feared. fair comment was yellow well, i think this is a state heavily in favour of donald trump. he is certainly appealing to the base by saying that there were several mandatory evacuation orders that came by state and local government and that certainly made a difference. somewhat are you expecting now? i guess you will be keeping across this story for some time yet, considering the after—effects and aftermath but you expect people to come back into town quickly? or do you think they will stay away for weeks? there was talk about storm damage and flooding as well? i think it will be a
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pretty long rebuilding effort over there and there are still concerns right now about a lack of water and electricity. so it may be a few weeks before people are able to come back because of those sorts of concerns. just the scope of the devastation and i think people will be rebuilding for months, if not, years. are supposed to get a picture in my head of the scale of the damage, have you seen reeves missing from houses? or is it reallyjust down to the trees that may have come down —— roofs. down to the trees that may have come down -- roofs. 0h, down to the trees that may have come down -- roofs. oh, no, houses are mangled, buildings are smashed in, buildings and businesses completely unrecognisable. we went to a mobile home park where one home had toppled onto another one and the extent of the building
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damage is definitely devastating in addition to the trees, powerlines, orthe normal things would expect after something like a tornado. year, 240km/h or 150 mph we are told. andrea, thank you for giving us a summary they're down on the south coast of louisiana. thank you for having me. let's get some of the day's other news. prosecutors in wisconsin have presented more charges against a 17—year—old, who's been accused of murder following violent demonstrations in the city of kenosha. kyle rittenhouse is also accused of recklessly endangering safety and possessing a dangerous weapon. amnesty international has called for an independent investigation into the role of indian police during communal violence in delhi six months ago. the human rights group has accused the police of numerous abuses, including the use of excessive force and torturing detainees. there's been no word
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so far from the police. police in belarus have detained dozens of anti—government protesters in the capital, minsk, along with a number of journalists. local and foreign reporters were among those held; most were freed after their phones and identity documents had been seized. health officials in sydney have issued alerts after a cluster of coronavirus cases believed to be linked to gyms and clubs in the city. 11 new cases have been reported in and around sydney since wednesday, and there are fears the numbers could grow. meanwhile in queensland, correctional facilities have been quarantined after a trainer tested positive. a march on washington, demanding criminaljustice reforms, will take place later, spurred by months of protest over police violence against african americans. it's been organized to coincide with the 57th anniversary of martin luther king jr's ‘i have a dream' speech, with civil rights leaders hoping to build momentum behind
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a national movement for lasting change. clive myrie looks back at that event nearly 60 years ago. we shall overcome... . they reached the nation ‘s capital they could. one of the brightest days in washington history brings people by the trainer, busload and to every pa rt trainer, busload and to every part of america to the capital. and every part of america new racism so the marchers he wa nted racism so the marchers he wanted to bear witness to history in the struggle for equal and human rights came from all corners of the land. the organisers were a cross section of civil rights leaders, labour unions and religious organisations. coming together under one battlecry, the demand forjobs and freedom. the freedom to vote. the freedom to live a life
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equal to whites. the freedom to fully enjoy their american dream. media interest was higher than for the inauguration ofjohn f. kennedy, two years earlier and no wonder, this was the biggest gathering of participants for a single event ever in washington, more than 250,000 people. we have to walk together! many reflecting on america's profound light, all we re america's profound light, all were not created equal, and future generations should not have to live with that betrayal. in the heat, the speakers came and went, but it was the last man to take the microphone whose words have echoed down the years, a man who had a dream. black lives
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matter! a dream that, to this day, for many african—americans, remains unfulfilled. as the young demand the same justice their elders had fought for. it shames america that almost 60 yea rs shames america that almost 60 years later, there has to be another march on washington, that the betrayal of its people persists, that the dream remains. clive myrie, bbc news. we have been looking out for something nice and bright and positive to bring you, it has been a challenging week! we have some lovely pictures here, the japanese art aquarium opening a goldfish exhibit of some 30,000 fish in there, in ta nks some 30,000 fish in there, in tanks designed by a famous artist. goldfish are long considered a symbol of beauty in japanese art.
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don't forget there's lots more on all the stories we're covering on our website , including the republican national convention on our website. stay with us, we will be getting an economic and business perspective of what donald trump had to say. hello there. the weather is set to change this weekend, but there's no sign of summer returning. the last 2a hours, it's been very wet across many parts of the country. some flooded scenes here in southern england, with an inch of rain falling in about an hour. there could be some flooding in northeast england in the morning as well with that persistent rain from overnight. that rain band will move southwards through the day, heading towards wales and the midlands. south of that, some sunshine triggering some heavy and thundery showers. the weather should improve for northern ireland and scotland, and later in northern england, with some sunshine. but for these areas, the winds will be much stronger, particularly windy around some of those north sea coasts, maybe blowing in one or two showers as well. a disappointingly cool day on friday. again, temperatures 15 to 18 degrees.
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now, the really wet weather that we're seeing across england and wales into friday is around that area of low pressure and weather front. it's trying to pull away on saturday, getting nudged by this area of high—pressure in the atlantic, but with that sort of set up, we're left with a northerly wind on saturday. and that will drag down some colder air across the uk. indeed, right the way through the weekend, a bank holiday weekend for many, it's going to be quite chilly, and it's going to be cold at night as well. a lot of dry weather around and, after a windy day on saturday, the winds will be much lighter. but we've got those northerly winds on saturday, making it feel chilly. some sunshine around. we will see some showers, especially across northern scotland, and there's still the threat of some rain coming back towards lincolnshire and east anglia in particular. and it will be windy, especially in the morning, with the strongest winds down those north sea coasts of england. for a while, could be gusting 50 miles an hour. that, of course, will make it feel much colder, and those temperatures are below average for this time of year, 15—17 degrees.
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and once we see the winds dropping overnight and the cloud melting away, we're going to find those temperatures will fall sharply. a really cold night for the time of year on saturday night, worth bearing in mind if you're going to be out and about — perhaps camping, for example. as we head into sunday and monday, this area of high pressure then moves across the uk, so the winds will fall much lighter. we've got a weather front arriving towards northern ireland by the end of monday, but ahead of that, a lot of dry weather. a little bit of sunshine from time to time, lighter winds, but those temperatures aren't really going to change a great deal. and before then, of course, we've got more wet, perhaps windy weather on friday.
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this is bbc news with the latest headlines for viewers in the uk and around the world. with the white house as a backdrop, us president donald trump says that if he is re—elected, his administration will impose tariffs on any company that leaves the united states to create jobs elsewhere. joe biden's agenda is made in china. my agenda is, made in the usa. is europe losing the race over artifical intelligence to the us and china? and what role will a! play in the recovery from the covid—19 pandemic? and, why is cheese holding up a trade deal between
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the uk and japan? as you've heard, us president donald trump has accepted the nomination as the republican paty‘s presidental candidate. but in his acceptence speech he was heavy on law and order and quite light on economics. and he launched blistering attacks on his democratic rival, joe biden. and another enemy loomed large, china. let's have a listen. over the next four years, we will make america into the manufacturing superpower of the world. we will expand opportunities owns, thank you, tim scott. bring home our medical supply chains and we will end a resilience for bad things, we will go right after
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china. we will not rely on them one bit. we are taking our business out of china, we are bringing it home. we want our business to come home. we will continue to reduce taxes and regulations at levels not seen before. we will create 10 millionjobs in the next before. we will create 10 million jobs in the next ten months, and it will be higher than that. joining me now is greg swenson, founding partner of brigg macadam. very good to see you, thanks for joining very good to see you, thanks forjoining us. you just want pick up first of all on donald trump's us against the world message there and that world, particularly being china. very, very clear where he stands. sure. yeah, it's a good point andi sure. yeah, it's a good point and i think we saw that four yea rs and i think we saw that four years ago in the campaign of 2016, he's had this populist appeal and having some sort of appeal and having some sort of a fight always works for the president. in this case i think the difference this time around
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as the rest of the world has come around to the fact that the trade with the chinese was not actually free and fair trade, so while it did have a more populist appeal four years ago i think has got a much more broad appeal now. the president is living with that, you saw that in the speech but i think there is a fair amount of support globally now for fixing the china problem, so to speak. and there is more thanjust rhetoric there, he's going to impose tariffs on us companies, basically if they are going to exportjobs. if basically if they are going to export jobs. if they're basically if they are going to exportjobs. if they're going to ta ke exportjobs. if they're going to take their business to china for manufacturing they are going to pay. it with a campaign speech and there is a fairamount of campaign speech and there is a fair amount of voter and populist appeal to that argument but the truth is the president actually exposed a lot of the problems with chinese trade. again, it's not free and fair trade and is also exposed some of the other challenges with the ccp, so i
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think in many ways he is consistent, he has been at this forfour consistent, he has been at this for four years consistent, he has been at this forfour years and consistent, he has been at this for four years and he consistent, he has been at this forfour years and he has made some good points. interestingly enough, the robust economic recovery that he had in the first three years of his administration was, in some ways, in spite of the trade was because the trade was obviously can be attacked on the consumer, i don't think it was as much as people were fearing, but if anything that might have reduced the gdp growth slightly but with tax reform and deregulation, i think you can lead with the economy in the selection and when on the economy. it is a very muddied picture, because of the pandemic is it possible to give marks out of ten on his economic performance when this extraordinary event has been thrown into the midst of it all, there is an unemployment issue greater than anyone would ever have imagined. getting over that hurdle is huge and
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then of course we're to hear from both sides, perhaps, you would argue, manipulating the statistics and figures to suit them. really good point and i think the president surely can't run a victory lap like he could have injanuary before the pandemic and i think that's clear but the question is, who can lead the country out of the pandemic more effectively in terms of the economy and voters have a great faith in the president to do that and look, he's done it before and we all think he can do it again so i think he can do it again so i think that is the message. voters are smarter than we think, i think they understand that the economic destruction is because of the lockdowns, not because of anything the president did or didn't do so i think with the economy recovering already, 9 million jobs created in the last three months, we are seeing a really phenomenal return and small
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business optimism and consumer confidence so i think you will see, the country is already coming out of it and that gives voters some comfort that the president is the right man for thejob. president is the right man for the job. it is fair to point out that as a slowdown in the recreation of jobs out that as a slowdown in the recreation ofjobs and i think we are coming from a horribly, horribly low base in terms of getting people back into work let mejust ask getting people back into work let me just ask you this, and i get where you are coming from very clearly, the opinion polls, always difficult to go too much on the opinion polls even what happened four years ago but that will point to joe biden in the ascendancy, donald trump struggling to catch up in spite of everything you have just said. to a certain degree, they are actually narrowing so it's all about the trend. six or eight years ago the president was trailing more so than he is now and also consider that on the economy, he is actually polling better than vice president biden, so
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voters vote with their wallet. if the economy is up, the president will when, if the economy is down in terms of importance he will not win and thatis importance he will not win and that is pretty clear even in the polls now, but the president is actually doing better now than he was in 2016 at this time. vice president biden is actually underperforming hillary clinton in terms of the summer of 2016, so i'm not worried too much about the polls but again with the economy i am very confident that voters will understand that voters will understand that the president is in a good position quite i think fair to say that from this moment it is let battle commence. thank you very much indeed. markets in the us ended mixed overnight, as investors came to terms with the federal reserve's announcement of a major policy shift in its approach to inflation. central bank chief jerome powell said he would not rush to raise interest rates to try and stimulate the economy and boost employment.
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but that means inflation could rise above the fed's targets. so what does this mean for you and me? let's bring in the bbc‘s samira hussain in new york. the federal reserve, american central bank has always had two mandates. one, to keep inflation in and around 2% and maintaina inflation in and around 2% and maintain a strong labour market. now, what the federal reserve is now saying is, look, we are ok to let the overall us economy get a little hot. that means they are ok for inflation to run above 2%. in previous times, if they saw that there was low unemployment, it would mean that it would be high inflation because it means that demand goes up because more
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people have money so more people have money so more people can buy things on what the federal reserve would normally do in that instance as they would go to interest rates, but what this new move is allowing the federal reserve to do is to keep interest rates lower for longer to do is to keep interest rates lowerfor longer in the to do is to keep interest rates lower for longer in the hopes that that is going to stimulate the economy even further. low interest rates and fairy means that people are going to be more encouraged to borrow money because it's kind of cheap to do so. and if they borrow more money it means they are going to spend that money and it is not just individuals to spend that money and it is notjust individuals like myself or yourself but we're talking about businesses because if there is one trend that the federal reserve has noticed over the last several yea rs noticed over the last several years is that businesses, in fa ct, years is that businesses, in fact, are investing less so the idea is, perhaps, to try to keep these interest rates lower for longer to keep the economy going on, and remember, this is all in an error in which we have a really strong labour market, but right now the us
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labour market is hovering at a 10% unemployment rate, so it's still a very long time before we see this academic process sort of put into action, but this is something that the fed has wanted to do for a little while and it is starting to implement that. the competition for developing the next generation of artificial intelligence currently seems to be a two—horse race between the us and china. this week the white house announced a further $1 billion investment into a! and quantum computing. europe, on the other hand, has yet to make much of a mark — and risks falling further behind. according to idc, ai and cloud technology will play a significant role in helping businesses and societies deal with the disruption created by covid—19. so will the current crisis widen the gap between the have—ais and the have—nots?
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joining me now is anders borg, former swedish finance minister and now senior advisor to a! company ipsoft. thanks very much indeed for joining us. it's a big question, isn't it? and i think your perspective is a hugely worrying one from a european standpoint. i think it's clear that the us companies are taking the lead on al and we are also seeing us banks and tellico companies investing very heavily into this type of technology but at the same time, we clearly see european companies, not these banks in the uk and the rest of europe are doing, introducing new technology, but the sensation has been brought forward dramatically during the crisis soido dramatically during the crisis so i do think that we are going to reap some of the benefit but it's pretty clear that we need to step up policy if we want to bea
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to step up policy if we want to be a part of this competition. we know how china can operate from very centrally driven incentives and initiatives. the us is pumping money even from a centralised position, that's what the eu is for, isn't it? to be able to pull together these sorts of strands? definitely so but i do think that the uk has a very important role here. we have to include the uk and europe and everything else, because i think that around 40% of the ai investments in europe are actually done in the uk stopping the banking system is obviously and research institutions are going to play a big role here so europe needs to step up the game, we need to ta ke to step up the game, we need to take a lead from governments in introducing these types of services, but we are also needing a much, it's a huge
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challenge and europe is falling behind, that's pretty clear. what sort of proportions do you think, in the next five to ten yea rs, are think, in the next five to ten years, are going to be taken by ai and perhaps one or two of the areas in which we don't yet see it in front of our eyes. we have seen people saying that around 50% of the jobs will be affected, but i do think that many of the jobs will be kind of transformed rather than disappear, there will be a lot of human interaction, some that will obviously take place on zoom and other distance services, but particularly when it comes to administrative tasks, when it comes to reporting, bookkeeping, all of these types of boring administrative tasks are likely to be replaced by ai services and then obviously we have a large tendency towards robert
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as asian in industry, even now we are heading towards machine learning a new technology will also play a huge role in production. there ain't no going back, is there? thank you very much indeed. officials from japan and the uk are meeting virtually today — and they're racing to sign a free trade agreement by mid—september. as the uk leaves the eu, it's been negotiating a separate deal with all of its trading partners — to make sure british goods face the same duties as european goods. and it's a bit of deja vu — when it comes to this deal with the japanese. mariko oi reports. what comes to mind when japanese people think of british food? but it's cheese, especially
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blue cheese, that has been the final sticking point and both sides get to agreement. even though only a small fraction of imported cheese sold injapan comes from the uk. translation: blue cheese became popular in japan, especially among the elderly, after media reported it is good for health. think stilton or shop shia blue. british blue cheese exports we re british blue cheese exports were worth just under $25 million last year, and less than $150,000 of that went to japan. so why is the uk government pushing so hard to put the british cheese on japanese supermarket shelves? under the current eu— japan trade deal, tariffs on european cheese, including those from the uk, will be phased out by 2033. but the uk wants even better terms for british cheese on any new agreement. the uk wa nts to on any new agreement. the uk wants to showcase that it can
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successfully negotiate a better than eu deal significant trade partner like japan. the japanese government wants their automakers to have the same benefits as under the current eu- benefits as under the current eu—japan benefits as under the current eu— japan trade deal. one that has a ready set at leaving the uk, but toyota and nissan will continue making because they are. sojust like the eu— continue making because they are. so just like the eu— japan deal, it's cheese for cars. let's get some of the day's other news: us retail giant walmart says it will team up with microsoft to make a bid for the us operations of tiktok. us president donald trump has given the chinese video sharing app 90 days to sell its us arm to an american firm or face a ban. walmart‘s announcement came just hours after tiktok‘s boss resigned after only two months in thejob.
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auk a uk sandwich chain is to cut more than a third of its workers. pret a manger is to cut 3,000 jobs, or more than a third of its workforce, as part of a plan to save the business. the jobs will mainly go at its shops, but 90 roles will also be lost at its support centre. the chain has been hit as walk—in trade has plunged in the pandemic. stay with us on bbc news, still to come: how to relieve the stress from working from home, we have some slightly unusal tips. the authors of the largest study of children in hospital seeking treatment for covid—19 say it is very rare for them to die, and then looked at more than 650,000 in the uk and they said that babies who are obese, babies you are less than a
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—month—old and those from a migrant background of those who are more vulnerable. schools are more vulnerable. schools are ready to open next week and around 4000 head teachers most in primary schools told the union about their plans to manage the risks around coronavirus including additional cleaning and staggered start and break time. the education secretary bevan williamson says it should gives pa rents williamson says it should gives parents confident ahead of the new term. emergency crews have been rescuing people after severe flooding in west lothian. this is bbc world news, the latest headlines: donald trump accepts the republican party's nomination for the us election, accusing the democrats of having a far—left agenda, and being weak on law and order. the state of louisiana assesses the destruction caused by hurricane laura, as it
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ripped through the state , at least six people have been killled. the strain of working during the pandemic is taking a toll on many of us — especially for employees working from home. the bbc‘s monica miller spoke to some people who have turned to new and sometimes unconventional methods to manage their stress. let's take a look. bell chimes. some of us have to change their tune so we get a grip on a new reality. some turn to gypsy jenny for help. i'm not god, i am very blunt and number three i'm very insensitive towards your feelings and number four, can be quite tough. tough love
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approach is going well over people seeking a positive outlook on current situation. she says her business has grown by as much as 20% since singapore went into lockdown in april after she offered services over the internet. when i did that more people came to me, in fact, when i did that more people came to me, infact, i when i did that more people came to me, in fact, i have at least three readings every day, about four or five different healing every day through the website. now that the lockdown is over, the senior executive ofa is over, the senior executive of a utility company books a session once or twice a week. it helps at the coming of the mind, giving you can focus to make the right decisions. even at work and across all your, in your life. this is how many of us are your life. this is how many of us are conducting business these days, with less human interaction, it means more videoconferencing and e—mails and for some of us who are experiencing cabin fever and, it is hard to stay focused
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which is why some people are investing in programmes to help protect workers people ‘s mental health. and in dark times, that could be a parody of country singerjohnny cash ina of country singerjohnny cash in a virtual talent show, and this person oversees it professionals across asia, and africa where mental health can be tob africa where mental health can be to b topic some cultures and in addition to concerts he set up in addition to concerts he set up counselling services to help coping mechanisms. it can help you keep focused and ultimately it can help reduce staff turnover. finding comfort in spiritual guidance or discovery of hidden talents may not remove all stress from daily life but in challenging times, they are welcome distractions to keep these workers on the right track. monica miller, bbc news, singapore.
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so let's stay on the theme of office life during and after the pandemic. will we ever return to our offices or is homeworking now the new normal? joining me now is chris beauchamp, chief market analyst at ig. cabin feverfor you, cabin fever for you, chris, cabinfeverforyou, chris, how are you managing? it has been in on time but certainly manage not that bad, all things considered. are you one of those feeling guilty pleasure at the way in which this crisis it's given you more time at home, no commute? yes, it has worked sometimes, it is hard—working from home without people around you but without having to get up earlier and sit on trains, it helps with keeping sanity! have you been back to the office? how is your company working it out? no, i haven't been back but i was on the shielding list, so i stayed at home during lockdown and
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like many others, we are keeping staff working from home as they choose until the end of the year, that is the plan and it chimes across many in the city. we have been doing some research over the weekend 50 big companies, the majority of which is saying we will have some staff back if they want to come back but the reality is with social distancing, we do not have the space and i think there has to be an issue now about whether business premises actually served the purpose they were bought for and what do you think this could mean over time for the whole notion of those business premises?m does make for a major shift in how people look at the office space, really. and immunity downturns in the city in the broad term and like retail space which has been up and down and down quite significantly in the past few months but in the future, there
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will be less demand in the sense given people need more space, you can see less of a decline in many people have expected but we know that office work will not go away it just means that people will have the flexibility when they choose. rather than being in five days, go in a few days or four days and that means there will always be demand for office space to need those facilities and that won't go away. that's interesting because some of painted and almost cataclysmic view that there is a huge amount of office space that will be left empty and not used, do you think there will always be someone coming in behind? yes, andi someone coming in behind? yes, and i think things will change but not in the huge way that people expect and the office will remain part of the daily life and will not go away as tightly as many things in the past few months. stay safe and thank you very much indeed for joining us on the programme. go
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to the website and you will get the various latest from the donald trump acceptance speech to his republican national convention, issued in the last hour or so. thank you for being with us. hello there. the weather is set to change this weekend, but there's no sign of summer returning. the last 24 hours, it's been very wet across many parts of the country. some flooded scenes here in southern england, with an inch of rain falling in about an hour. there could be some flooding in northeast england in the morning as well with that persistent rain from overnight. that rain band will move southwards through the day, heading towards wales and the midlands. south of that, some sunshine triggering some heavy and thundery showers. the weather should improve for northern ireland and scotland, and later in northern england, with some sunshine. but for these areas, the winds will be much stronger, particularly windy around some of those north sea coasts, maybe blowing in one or two showers as well. a disappointingly cool day on friday. again, temperatures 15 to 18 degrees. now, the really wet weather that we're seeing
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across england and wales into friday is around that area of low pressure and weather front. it's trying to pull away on saturday, getting nudged by this area of high—pressure in the atlantic, but with that sort of set up, we're left with a northerly wind on saturday. and that will drag down some colder air across the uk. indeed, right the way through the weekend, a bank holiday weekend for many, it's going to be quite chilly, and it's going to be cold at night as well. a lot of dry weather around and, after a windy day on saturday, the winds will be much lighter. but we've got those northerly winds on saturday, making it feel chilly. some sunshine around. we will see some showers, especially across northern scotland, and there's still the threat of some rain coming back towards lincolnshire and east anglia in particular. and it will be windy, especially in the morning, with the strongest winds down those north sea coasts of england. for a while, could be gusting 50 miles an hour. that, of course, will make it feel much colder, and those temperatures are below average for this time of year, 15—17 degrees. and once we see the winds dropping overnight and the cloud melting away, we're going to find those temperatures will fall sharply.
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a really cold night for the time of year on saturday night, worth bearing in mind if you're going to be out and about — perhaps camping, for example. as we head into sunday and monday, this area of high pressure then moves across the uk, so the winds will fall much lighter. we've got a weather front arriving towards northern ireland by the end of monday, but ahead of that, a lot of dry weather. a little bit of sunshine from time to time, lighter winds, but those temperatures aren't really going to change a great deal. and before then, of course, we've got more wet, perhaps windy weather on friday.
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good morning, welcome to breakfast with charlie stayt and naga munchetty. our headlines today. president trump formally accepts the republican nomination ahead of the presidential vote in november, saying his opponant joe biden will be the destroyer of american greatness. your vote will decide whether we protect law—abiding americans or whether we give free rein to violent anarchists, agitators and criminals who threaten our citizens. in fear of his life — manchester united captain harry maguire gives his first interview about his arrest in greece. i don't feel like i owe an apology to anybody.
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