tv Keiser Report RT May 7, 2020 11:30am-12:31pm EDT
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or. report yes ding dong the witch is dead warren buffett the extortionist private equity job is reported game changing record breaking losses as berkshire hathaway is holding company goes belly up more or less stacy this episode is an exercise in bad taste well actually it's an exercise in poor taste which would be the phrase the logline for pink flamingos so i'm going to refer 1st to the pink flamingos because we have a tweet directed at us from one of our viewers and his name is and sensual and he says off topic i like the flamingos in the port where are they my wife also commented on how nice they are so i got some pics brought them back to the set there on the set you know they should be multiplying like they are moving because of the lockdown all the pink flamingos are surrounding everything disco disco
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version. right of course pink flamingos was a raunchy bad taste that's fine let it go of course pink flamingos was a raunchy bad taste film by john waters in 1972 and i think 1972 is an important year that we started bringing in bad our bad taste and trashy taste because that's when we started getting trashy food and poor taste sort of investors like warren buffett warren buffett this past weekend did announce results not only did he lose over $50000000000.00 in the 1st quarter but he proceeded to trash the entire u.s. economy he announced he dumped all of his shares to is the entirety of his holding holdings of 4 u.s. airlines united american southwest and delta he does he own 10 percent of those he dumped but what did he tell the ordinary person the investors out there i hope i've convinced you to bet on america warren buffet's he's a guy who of course has no bet on america because he he's now. piled up
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$137000000000.00 this whole buffet thing with his dumping of the airlines you know let's contrast this with 20082008 when the banks were having financial difficulty because they committed massive fraud or when a bank like wells fargo which is a big buffett holding commits massive fraud that he condones by ripping people off in their millions of retail banking accounts he rushes to the rescue like florence nightingale how can i restructure i'll take over as c.e.o. as he did with solomon brothers you know way back when i'll write checks i will be a crony capitalist i'll go to washington i'll help you because they're you going to buy my 0 percent coupon bonds you're going to give me inside information you're going to goose up my performance and then 2020 when the airlines are in trouble all but she has a big percentage ownership been made up of blue collar workers minimum wage workers hard working americans. drop dead you know warren buffett to america drop dead
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these are backstabbing reprehensible clown well it was an exercise in poor taste that was what we saw at the at the berkshire hathaway shareholder meeting it was just him on you know basically camera one camera on his own but the exercise importation has ben's you know since he began his investing days 1st of all he plays the ukulele pretending to be a normal person like a hillbilly and heck just like you out there and what does he push on you he's pushed genetically modified style corn syrup laden catch ups and and coca-cola that's one of his biggest most famous holdings wrigley all sugar sugar sugar corn syrup he's made you fat made you basically vulnerable to something like over 1000 which is hitting the obese and particular and why are you obese because of his poor taste like he's pushed this garbage on you and you mentioned 2008 when he bailed out goldman sachs and. some of the other companies of course they where the
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counterparty say id and the ensurance and reinsurance companies that he himself own so he was kind of bailing out his own positions and getting the fed to do the same buffett says berkshire hasn't provided financial support to companies as they did during the 2008 financial crisis because we don't see anything that attractive so of course what's different about this time is the treasury is having to step down meaning the taxpayers' money and it's not just fed printing more credit and you know thus inflation but you know there are basically provisos in order to like there's some call backs allowed inside this bailout for the airline industry so here we have this airline industry that has received tens of billions of dollars in bailouts after and they require these bailouts by the way because warren buffett law share buybacks which only reduces the cash on your balance sheet makes you more vulnerable again just like you made you more vulnerable by selling you coca-cola he's made companies more vulnerable by convincing them to do stock buybacks so here
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we have taxpayers come forward tens of billions of dollars for airlines and they're not allowed to do stock buybacks so of course that makes him throw his pink flamingo out of his prime his crack up his ukulele and pretend like he's throwing a fit and that this is some great investment advice not to buy airlines when the fact is he's just operating in poor taste and poor faith john waters to make pink flamingos film and replace the role of divine with warren buffett you know particularly a sidewalk scene with the dog with it warns profile the personality quite well as far as a stock buybacks go this is interesting because he says oh i'll be the best for your company and then he encourages his companies to do stock buybacks what used to be illegal but now without a doubt it's highly dangerous to your balance sheet in case there is a crisis because you have no cash it is a bit of an extortion scam because in the cases. i.b.m. i.b.m.
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he was a big player big buyer buy b.m. stock and then i.b.m. bought that the idea of buying back their own stock and then warren buffett dumped them you know he stabbed him in the back because unless you're going to make money by doing what was illegal stock buybacks and a moral stock buybacks i don't want any interest in what you're doing so as performance which is supposed to be this fantastic multi decade performance if you strip out the stock buybacks you strip out the accounting fraud and stick his strip out the cozy relationships in washington to wall street he's not out performing a money market fund right and in terms of this exercise in poor taste and why his investment thesis like this guy invests in companies and basically helps destroy and undermine america through his encouragement of fed intervention and on his financial investments and including and the insurance sector and reinsurance sector which by the way apparently some of his insurance companies have not been paying out to all these small businesses that have insurance on disruption to business
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insurance so he's not paying out on that so he keeps on claiming remember this is all about projection because anybody who keeps on claiming over and over and over i'm doing this for america i'm just investing for america and i'm. long america well you know as long as he can find a moat like he encourages the motes whereby the airline industry in america can charge twice as much per mile passenger mile as european airlines because there's no competition anywhere there's no competition there's no competition in the banking sector because you need to have a cozy relationship with the new york fed and if you don't have a cozy relationship with the new york fed you're toast so here i want to point out that max we did a little bit of an incorrect number just by 1000000000 but what's 1000000000 when you have 137000000000 write imagine having 138000000000 in cash and no big queen or gold buffett most overrated investor ever except for a dally oh that mix up though. who many say invented bitcoin but he denies it so
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we'll say that but he's a you know cryptographer and sort of cypherpunk and he was spawns buffett's wealth can be measured less in present cash than in the future cash from the fed he is right up there at the front of that cantillon line to get right right during the quarter the money supply increased by like 18 percent right if the fed was just flooding the economy money and a lot of those money goes through buffett's holdings like the banks that he owns yes they still manage to lose 50000000000 i mean this is such an overrated clown and his performance is horrible when it when you compare it to gold he's that is not performing gold gold is up performing buffett because it is up 9000000 percent since its inception it's up you know on the last 101520 years it's out performing buffett by thousands of percentage points big berkshire hathaway price and big coin is probably near 0 and he has all those cash which is not
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a good thing if you're supposed to be a celebrated investor right you're saying i don't really don't what i'm doing anymore i stabbed america in the back i didn't pay out the geico claims i didn't come to help the airline industry when they needed me most so i just was there for the for the free cash that i was channeling in the laundering through the airlines for me warren buffett you know and now you know you all can just jump off a bridge i don't care i've abandoned america i've stabbed in the back and that's his legacy on is tombstone little say warren buffett trader well i do want to say that norway there no wait inside sovereign wealth fund has gone big they've doubled down on america they've invested very long in this past month april so warren buffett was dumping cherice they were buying so let's see who is a more patriotic than warren buffett i also want to say jason ruan wrote to us on twitter and he said. max maybe cantillon air might be
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a nice new nilo jim for describing those closest to the free money is so warm buffet is not multi-billionaire of many people say oh my god i'm going there you must be amazing now he can tell you now he's friends with the fed and that's why he's i can tell you they're right bernie made off wood in warren buffett are 2 sides of the same coin you know except that bernie didn't have the right connections he didn't have the us on the speed dial or of lloyd blankfein or jamie diamond so now he's sitting in jail warren should be also in jail for doing the exact pretty much the exact same thing so you know we started with an exercise in poor taste and that's why we talked about warren buffett and his poor taste of pretending to be an ordinary person who plays the ukulele and that's why we have the pink flamingos up here because pink flamingos is an exercise of one buffet is an exercise. for us i want to say we're going to now and with an exercise in good taste very
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poor smell you don't know how difficult it's been to sit through this segment as we have this surprise here for our final headline and that is some more be a cheese from france up near the. hey near the swiss border now back to oh yeah take a whiff of that. max is half french essential so. i'm thinking max with this last segment this otherwise exercise imports that we could end up becoming a cheesy as of right now we're talking about. french citizenship here basically because we're going to be patriotic to france right now french people are being told it's their patriotic duty to eat more cheese after sales have slumped the dairy industry is calling on consumers to eat cheese and solidarity with our producers. rebuttal shome cantarell cameron bear the situation is.
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critical requires a rapid increase in consumption said the president of the dairy collective so deol did we choose the french have their priorities straight cheese is the 1st food for humans this is why we have such an affinity for it this is some milk that was got into the you know carrying around in the stomach of a yak or a goat turn to cheese and how this was the 1st food of humans ever and that's why we love it so much now you know this i could tell that the milk from this cheese was from a cow who was standing on the northwest slope of a mountain near cologne today and he had on a bell that was ringing out a a led zeppelin tune so i quickly in the last few 10 seconds here so quickly i want to point out that the industry has launched a campaign to encourage french people to eat more cheese it's called from my she song which means let's act for cheese because sales of cheese have declined by 60 percent in france this is the more b.a. cheese right here and that's down into the morning milk and the afternoon milk so
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put on the butters read the book on useless all that business and just. instead of being. able. to do if you will still be stuck or your muscles from the book your need. to get up while shooting is just. chill the. business. that. we think she minds be soldier because off the boat she's wearing. huge which to sold out so quick to move for a possible appeal more than would. be sure stuck with some russian police force.
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welcome back to the kaiser report imax keyser time now to go to crack hemp he is a precious metals analyst at t.f. metals report craig welcome back always a pleasure max great to see you yeah baby radek 2 are a major change in direction for a lot of things i want buffett over there berkshire hathaway hates gold hates bit corning even more his fund is down 50000000000 so far this year both gold and bitcoin are up the u.s. budget deficit is due to hit for charlie and this year perfect conditions for gold this year and beyond i would think crag what do you think yes sure seems that way max you recall last year we thought was going to be a year the breakout and it was we finally made 6 and 7 year highs and i thought we continue this year though i mean who could have seen this virus coming in the q.e. to infinity that was announced about 6 weeks ago but i mean heck we've already hit my target for this year i thought we'd get to maybe 752800 we got to 78 already in
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april but i do think that conditions persist i mean this is just madness we're really read what the they've announced and if it is buying corporate bonds i mean to be high yield next to it the dow under $20000.00 will start buying equity e.t.f. so and all of that obviously is conducive to oh you know at least having some part of your portfolio in the precious metals and you know the other thing max we don't talk about too much of the mining shares i mean there's a you can't really find another sector of the stock market that has expanding earnings and rising dividends but that's what we've got in the mining shares and so that might be some way to people can maybe make a lecture yeah yeah totally agree i mean the fed is desperate somebody from the fed came by yesterday knocked on the door looking for some old self aware that they wanted to give me a $1000000000.00 for i turned him down i was sentimental value now craig i need your insight into something that the president. the shanghai gold exchange wants a super sovereign currency for post crisis times so your thoughts on
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what this might be do you believe it's time for a neutral global unit of account of some type krag what do you think minmax subsidiary think in the 1st time you and i met i think was about 2013 and we're walking around in front of the j.p. morgan building and in midtown manhattan talking about this you know talking about the eventual reset you know that the dollar like any other currency that has been reserve currency status eventually lose it you know because it's an exorbitant privilege that it's abused and i mean clearly it's being abused now and has been now for over a decade i think the chinese have that potential platform and in place to challenge the dollar they may not supplant it you know maybe they come out with some kind of regional currency to facilitate trade in their part of the who knows but this notion that's now getting bandied about that is some kind of heavily for the
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coronavirus the u.s. is going to you know walk away or cancel some of the the debt that is owed to china i mean that's just that's not going to fly and if we attempt anything like that that could be the start of you know maybe an economic world war 3 where the chinese offer some kind of currency like that to her you know maybe gold back into their existing currency to give it a competitive advantage give maybe you know time will come or countries will actually want a strong currency rather than this you know nonstop basement you know race to the bottom if that comes why not back your currency at least partially with some hard assets like gold i mean there's speculation i mean the chinese report that they've got a couple 1000 tons i think people think that's off by order of magnitude or more and if that's the case. that really upset the global applecart no doubt about it but i agree with you that this text. tat going on between china and the united states over the coronavirus and secretary of state pompei all claiming that somehow china
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sat on information that was available on your 2 cents december i think they should give pompei a youtube account so that he can actually see what's happening in china because they have life footage of people dropping dead from a coronavirus i don't know what he thought that was but anyway i am going to the doc that for my taxes i doubt that cia so you know we've talked on this show a few times about. 1000000000 banks being involved in scams where they're short gold and here we have news scotiabank has been a gold bullion bank since the 17th century i think it's the oldest 1000000000 bank in the world it's closing its gold business. and they have problem delivering gold last month apparently for exactly what we've been warning people about for 5 or 6 years that these banks have been selling our lending gold that they do not have and
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if there was actual demand and there was a run on scotiabank that's what looks like happened they would have to call their doors is that if you think what has what happened and are we going to see a domino effect what the bullion banks and they're all going to go out of business because they're all short called krag you know the scotia thing as you said they bought mccotter in makati as the original bullion bank if you will from the 17th century and so now in their good now the precious metals business has a scent of you know the rats pulling the 2nd shift they're not the 1st bullion bank to get out of that that market i think a lot of it is do they just can't make any money at it anymore this is not worth the regulatory oversight and everything that comes with it so they're just they're just they're just moving on that doesn't mean the system is broken just yet there are other banks that are more unhappy to take their place whether it was scotia back on the 23rd and 24th of march it was in trouble i heard some folks say it was u.b.s. either way it was
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a delivery default that wasn't defined that way and then the media didn't allow it to be defined that way and certainly the l b m a and the c.m. even allowed you to find that way but they've been playing these games on the comix the l m a for well for years call in a process some you and i have discussed before called the exchange for physical where you take a comix contract which is 100 ounces and you transfer it off of the comix and illegibly exchange it for physical f.p. in london and it was this process that the banks are just abusing playing the spread between spotting futures and thinking they could make a risk free little profit every day and it got to the point in march max where it was just out. age is what they were doing in stuff 1st 15 trading days of march they swapped out almost 300000 comix contracts this way is like 900 metric tons of gold allegedly exchanged for physical abuse
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a scam right so somebody shows up on the 24th of march right after q.e. to infinity was announced you know it's ever so much to are scrambling for physical gold because the refineries the mints and the miners are all star you know they all start to shut down because a coded so somebody shows up and says what hey look they see me does this thing here with these exchanges for physical let's just get some of their physical that's that's where we can get some and as soon as somebody started actually want to delivery boom the whole thing blew up because they didn't have any actual physical sense then you know they'll be based taken all the steps to try to claim ah yeah there's all kinds of don't worry about it just in the wrong place and all this stuff but nobody ever stopped to say well wait a 2nd where are all these 100 ounce bars you are allegedly settling you know for years there's not a single one anywhere it's all just a scam man the whole paper market digital derivative pricing scheme is a scam and that is now known people are starting to figure this out and yet the
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sooner they do the sooner we get actual fair price for the precious metals and $1.00 that day finally comes it's not going to be whatever it is now $17.00 an ounce and that's kind of what we're all hoping for is the banks just ruin everything i mean such as a precious metals market they're rude basically every market as they all you know they just try to bend all the rules in their favor is to make as much money as they can while listening to describe what's going on there it reminded me of 2008 south wall street banks were caught short trillions of dollars worth of bonds and south somebody had to walk the plank where they could bury all the dead bodies and that somebody was lehmann brothers yam bear stearns sow they all got together in a big meeting down on wall street they said. we got caught with our pants down were short a huge amount of these bonds that we oversold that we missed sold and what about the buriat money you sitting at the stalemate $1.00 of $11.00 bank was not at the table and that was lehmann brothers so dick fault and lehman brothers were had to
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walk the plank essential and now you're saying the scotiabank had to walk the plank because all the blame banks got together and said wait a minute we just got caught in a massive fraud scam we've got to bury all these errors somewhere and it looks like scotiabank number came up already so every problem for the futures contracts and oil caused the price of oil to plummet to negative 37 dollars last month could delivery problems in gold caused it to soar by currently unimaginable numbers that's what we're talking about here at the end max because these banks have taken the same ounce of gold and sold it over and over and over because rarely anybody ever takes delivery they just want to feel like they actually have gold i you can go and store it for me i don't care i just want to know that i have it well then what the bank does they resell that same ounce over and over in the same terms and eventually you get 5100 different parties that think they own that same ounce what's eventually going to happen is the opposite of what we saw in crude oil where we came to the delivery month of may crude oil futures and nobody wanted it because
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there was nowhere to store it and so you had everybody desperate to get out on one side of the trade but nobody wanted to buy it there were no bid and so in a bid list market the price went all the way down to negative $40.00 which is just outrageous we're expecting one day to happen in gold is the exact opposite everybody wants to buy it because it's been sold or levered but nobody's willing to sell it no one's ever actually it will have to show up and actually have metal that it's free and ready to be delivered and so then you get an offer less a market where everybody's bidding and instead price plummeting you know infinitely really is what crude oil did when it went negative the price of gold goes the other way that day has come. i you just don't want to drive yourself crazy thinking it's going to be like you know next week that is inevitably i've already different my stuff crazy that crag finally speaking of shortages 11 missouri a state where 2 thirds of the state's total land acreage is in agriculture your top
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agricultural commodities include cattle and hogs but is made processing plant sutter were saying shortages consumers your thoughts on this in relation to possible inflation and is it you know i remember people used to laugh at the soviet union for becoming the servia area and yet that's coming i just can't imagine we're not entering a period of kind of like 1970 style stagflation where there's not much economic growth but they're just getting so much cash that inflation just overwhelms things you recall maybe max because you know you were a young man back in the seventy's. that was a pretty good period for gold you know go away from 35 day 200 during the seventy's really good period for the mining shares too so if i'm right if we're heading into it stagflation type level you know type of activity well. that's going to be another good sign for the pressure well i still got my gold lamé disco pants ready baby let's take it so that this girl all right well that's it for this up
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a star of the kaiser report with may backfire and stacy herbert like to thank our guest program bottles report dot com if you'd like to get in touch tweet us their cars to report that my new twitter handle real max kaiser and so much throughout. thousands of american men and women choose to serve in the country's military decision. every song came to a complete. stroke. you know hold a shot kill me and i see how it destroyed my life any screamed at me and he made me come in the gram my own arm and he raped me this bird thinking if you take into account that women don't report because of the extreme retaliation it's probably somewhere near about half
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a 1000000 women have now been sexually assaulted in the us military rape is a very very traumatizing tapping but i've never seen trauma like. women who are veterans who have suffered military sexual trauma reporting rape is more likely to get the victim punished and be offended and almost 10 year career which i was very invested in and i gave a sex offender who was not even put to justice or put on the registry this is simply an issue of our in violence male sexual predators for the large part of target whoever is there whether that's men or women. or. part of. all
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of. this is also u.k. welcome to our viewers from around the world we're live from central london and we're currently waiting for the government's daily coronavirus press briefing given today by foreign secretary dominic robb that's coming our way in just a few minutes from now meanwhile the headlines this hour. the nation's best laid out over when to ease u.k. knock down measures scotland and wales both insist they won't be coerced by westminster i'll be talking to him and he may want to just about how best to lift the restrictions. whistle blows and british care homes claim the situation is like a war zone with p.p.p. shortages unsafe conditions and companies ignoring concerns that hear from the founder of compassion in care the collated the whistle blows claims. and clear the
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virus related stress is on the rise this is a study claims speculation about the future of the lockdown is fuelling worries about catching the virus i'll be talking to a psychology professor a little later. that's promised we cannot cross live to downing street for the government's daily press briefing and welcome to today's downing street press conference i'm very pleased to be joined by the indictment the u.k.'s national stuck to station from the evidence and also by dr julie carries deputy chief medical officer. the latest data from our cobra coronavirus data file shows that as of today they have now been 1000000 534533 tests for corona virus across the u.k. that includes 86583 tests carried out yesterday
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206715 people have tested positive that's an increase of 5614 cases since yesterday and those who've tested positive very sadly 30615 people have now died in my deepest condolences go out to anyone who's lost a loved one throughout this pandemic. 3 weeks ago before the east bank holiday weekend i set out 5 tests for the u.k. to move on to the next phase in this pandemic then just as now there were calls to ease up on the restrictions but as the science made clear we couldn't responsibly do that in fact the advice from the group of scientific experts sage advice the government made it very clear that there weren't any changes at all that we could confidently take without risking a 2nd peak in this virus. that's why we asked the public to keep going we weren't done yet we said stick to the plan and the british public kept going. people stuck
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to the rules that meant working from home it meant worries about money it meant adjusting to home schooling time apart from family and friends and just not doing many of the things that we all enjoy life. as a same time there's been a lot of people who despite their own personal sacrifices have gone the extra mile they volunteered to support the elderly in the vulnerable in their community walk who have been shielded themselves away from the virus. and each thursday of course we now come together to applaud and it just starts on the carers the people who just kept going to keep our country going. and because of that monumental effort we've now passed the peak of the virus then it just hasn't been overwhelmed we haven't seen hospital wards overwhelmed with patients people left without hospital beds people left with out the ventilators that can mean the difference between life and death. now i know the tragic death toll in this country and around the world
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has been sobering for all of us and they have been real challenges in this country with p.p. with care homes. but in this 1st stage of the fight against private 19 through this national team effort we've prevented the number of deaths rising to even higher levels and we've ensured critically that the n.h.s. had the capacity to cope. today cabinet was updated on sage advice on the progress that we've made today and as a result of the social distancing measures that we put in place the our level which signifies the rate of infection is now between no point 5 and 0.9 the overall number of new cases has been steadily falling and the rate of deaths is also steadily steadily falling and just to be clear about what all of this means in practice the virus is not beaten yet. it remains deadly and infectious and we working very hard right across government and with local government to bring
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it down in areas of concern liking care homes and i'm confident we can do it and we will do it but because we held firm 3 weeks ago we are now in a position to start to think about the next phase in this pandemic. so this weekend the prime minister will set out the next steps which we can responsibly take over the following weeks guided by the scientific advice and mindful as we've said right from the word go of taking the right decisions at the right time. and now we can start setting out how we will live and work whilst maintaining the necessary social distancing rules we can also be clear about those message measures which still necessary to prevent a 2nd peak. the prime minister has been directing ministers and teams of officials right across government to carefully develop a road map for the next phase. it contains appropriate measures to be taken at
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appropriate milestones subject to very clear conditions and there will be detailed guidance to help inform advise and reassure the public businesses and other organizations. to get this right we've set milestones some changes can confidently be introduced more quickly than others and some of those other ones will take longer to introduce. and it's important to say that at each point along the way when we take these decisions they'll be based on the 5 tests and the scientific advice that we receive. and as i set out in the 5th of our 5 tests when i spoke here this lectern on the 16th of april the point that we're at the point at which we make even the smallest of changes to the current guidance will be a point of maximum risk. if people abandon the social distancing forget the sacrifices that were made to get us through the peak to get us to this point the virus will grow again at an exponential right. that would lead to a 2nd peak which would threaten the n.h.s.
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it would trigger another lock down which would prolong the economic pain and we determined to keep it temporary to keep it as short as possible. so we kept the current measures in place for this long precisely so that we can bounce back with vigor and energy as soon as possible as soon as it is responsible to start looking at the 2nd phase and because of that our next steps will be sure footed and sustainable any changes that we make will be carefully monitored if people don't follow the rules or if we see that the our level goes back up we will tighten restrictions again we will always retain the option to do say that way we can safeguard public health and we can also safeguard the economy in a sustainable way. so having prepared carefully based on the updated advice from sage this weekend the prime minister will set out the roadmap for the next phase along with the conditions for reaching each milestone beach milestone that way we
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can provide the country with a better understanding of what lies ahead we can offer reassurance that we will adjust the restrictions to the minimum necessary to prevent a 2nd spike in the virus and we can give people the confidence that we're doing it in a way that will protect life and preserve our way of life and that nato will hand over to journey to present the data on the latest lines thank you the foreign secretary there given the u.k. government daily coronavirus press briefing and he said that the virus is not beaten yet but repeated that the prime minister will be setting out how to lift some of the lockdown restrictions at the weekend. he's added he is with me been listening to one of that so he's in terms of lifting the lockdown he didn't give much away but it's clear the home nations are split on it. yes not much there in the way of concrete steps that the change may or may not be looking to take as a way out of lock down but stop somebody who has been a little bit clearer on the target ninety's just year the way out of the lockdown
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has been the scottish 1st minister nicolas stage and of course our government the 1st amongst all of the government so devolved authorities in the united kingdom to release an exit plan but mr argent saying now that's how the government won't be lifting any restrictions under pressure by westminster and also announcing they're going to be extending their lock down by another 3 weeks is my preference it's possible for all 4 u.k. nations to make changes together at the same pace because that certainly helps us give clear consistent messages to you the public however for that approach to work we must agree to make changes only when all 4 governments are satisfied that they don't risk a resurgence of the vitus and again let me be clear if the prime minister decides that he wants to move at a faster pace for england that i consider is right for scotland that is of course
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his right i will respect that and i will not criticize him for doing that but i hope you understand and indeed i hope you again that i must make judgments informed by the evidence that are right and safe for scotland i will not be pressured into lifting restrictions prematurely before i am a certain as i can be that we will not be risking of the sergeants of infection rates. now the wash government has also been very clear that said any decisions around lifting the lockdown measures are bears and there is a loan to make and not those of westminster now of course the issue of public health is one of the powers granted to devolve or thorazine as they do have the power to make those decisions and also hearing from the welsh government education minister caster williams stressing that no matter what happens in the rest of the united kingdom our country won't be reopening schools we were always
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full directly from all on the decisions we make or wales for our pupils parents and school staff ahead of the weekend i can confirm 3 things with this throw the situation the schools in wales will not change on june the 3rd. in the meantime there's a few who are critical workers aren't routine schools all have they are told and then you should continue to do so so that's testing it is that say that so the watchdog won't be opening schools on the site as a jew meanwhile the northern ireland executive also meeting to discuss measures about how they could possibly see ways of easing zanuck damages and his ahead of the promise i think the lockdown will be lifted any ideas. well we are expecting the worst on since to give a speech on sunday to the country where he will have outlined some of his
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government's strategy is all attempts to try to lift or at least ease lock down measures now and we have a look at some of what could be expected from the governments going forward firstly we know that no matter what really the government decides it wants to do they will continue to encourage people to maintain social distancing rules to wet face masks and also at continue using hand sanitizers including rolling them out on platforms on public transport the government may also allow unlimited exercise outdoors currently people are allowed in the u.k. out once a day for their daily exercise we could also see people being allowed to some bait as the weather improves and for employees to slowly begin the tanning back to that workplaces we could also see towards the end of may or the beginning of june primary school children being allowed back to school of course we did hit just then from the welsh education minister saying that they're not going to be doing that
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but we could in the it with the rest of the u.k. see and year 6 to didn't at least being allowed back in to help their transition to high school secondary school as for secondary schools they too could open beginning with a year's $1012.00 you could see the public being a lot in gauge in small team sports and also at cafes which have outdoor seating could be allowed to reopen. while pubs bars and restaurants may also be allowed once more to reopen that is those which haven't gone out of business by that point towards the end of august a successful beginning of september perhaps but patrons in those establishment would also have to maintain strict social distancing rules while we've seen premier league football already the authorities meeting to try to decide whether they could start the season again restart it in the summer well we could see football starting by the end of october the gardasil when it will be without fans so games being
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played behind so-called closed doors now we know that the 0 anesthetists national system that we're expecting learned to publish reports or estimates into the prevalence of coronavirus amongst the united kingdom we're looking at to get those kind of figures next week after the bank holiday weekend that could give a better idea of exactly how many people in the country have contract that ours is thank you very much or for more on the divisions within the home nations on lifting opt out of joined by a member of the scottish part of alex neil that'll be in the next hour or has cost the potential easing of a knockdown measures i'm now joined by epidemiologist dr mike tilsley mike thank you for being with us now we've been told that we've passed the peak so it makes sense that we would lift restrictions. well i think it would make sense that we start to lift the restrictions and i think this is really important of course it's
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already been discussed on your program that we have very good evidence that the number of cases are starting to decline and fortunately the number of people requiring hospitalization and the number of people tragically dying are starting to go down but we're still at the relatively early stages of this so it's really important that as has already been discussed we don't lift restrictions too rapidly what we're trying to do with this gradual relaxation of restrictions is to a name. people to start to resume some semblance of their normal lives whilst at the same time preventing a large scale 2nd peak occurring so what you're likely to say in the coming months is these gradual changes being introduced but also it's important for us to scientists to monitor the effectiveness of those changes those relaxations and if necessary if we see cases to rid your prefigure that there is a danger of the health services being overwhelmed then some of these measures may need to be reintroduced any make any predictions about that large scale the 2nd
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wave you're talking about just how large it could be and when it could be. well this is an extremely complicated to protect and as a number of factors that are still very uncertain one of the key things is that when these lockdown measures were introduced at the end of march they were all introduced relatively close together and so it's extremely challenging for us looking at the data to untangle the relative effectiveness of these different measures we are going to learn a lot more about that as we start to relax control that point and we start to see effect the effectiveness of those what it may do to transmission the other aspect of that is as we do start to relax control it's extremely important that we keep testing we test people as they start to see symptoms that we carry out contact tracing to try to identify where they may have been infected from and also importantly whom they may have infected and to put in necessary social distancing measures if we are able to do that effectively then the hope is that we prevent
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a large scale 2nd wave occurring even with relaxation but at this stage it's really important that we emphasize the need to increase that testing whilst relaxing control talk also mark of parts of the country being affected differently in london obviously being hard hit does it make sense to adopt to tighten the pro some regions lifting locked down before others now i feel this is now this sort of a somewhat more of a political rather than a scientific matter i think it's very easy to say that certain parts of the country may be more effective than others and when we can say that london was clearly very severely affected from a practical perspective and again i'm not you know i'm not a politician and i'm not qualified to make the shorts of decisions but though there was a very clear sense at the start of this that measures were brought into the national scale and that the country we're in it together and i know that that's very much the line that with relaxation we want to be seeing that happening however the
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practical side of that speaking as a scientist is what we want to do is we want to protect local health service. also so it may be but it might need to be that if certain areas are starting to see a resurgence there may need to be local measures put in place in order to protect local health services mike thank you very much indeed for joining us live today here not u.k. thank you tom thank you. let's have a quick look at the global coronavirus figures as they stand at the moment and according to johns hopkins university it collates worldwide data you can see that over 3700000 have now been infected there be more than 264000 deaths and over 1200000 recoveries now one of donald trump's personal valets has tested positive for the virus leading to concerns over the u.s. presence possible exposure to the disease the e.u. is saying it's heading for the worst recession in its history with any fragile recovery threatened by potential 2nd wave of infections and russia has
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a 3 step plan to relax the country's not down but tough restrictions will remain in moscow with the compulsory wearing of masks and gloves. still to come this hour. a survey shows an increase in those fearing that they'll catch the virus as discussions around lifting lockdown measures gather pace we'll hear from a professor of psychology. so what we've got to do is identify the threats that we have it's crazy confrontation let it be an arms race off and spearing dramatic development that only i'm going to resist i don't see how that strategy will be successful very critical time time to sit down and talk.
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no one else seemed wrong why don't we all just don't all. get to shape out just to become educated and engaged with equals betrayal. when so many find themselves worlds apart we choose to look for common ground. whistle blows and british homes have been touted p.p. is shortages in companies ignoring or even dismissing their concerns as the virus continues to spread it comes as compassion and care reports
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a spike in the number of calls to its anonymous helpline and released a report detailing some of the most harrowing stories. people are clapping for the n.h.s. but care staff we are treated like dirt by our employers and even in the local community we are treated like lepers people have no idea how hard it is you're working with stuff you don't care or who do care but are too frightened to say anything anyone who breaks ranks they are in big trouble we have no nurses here how are we supposed to care for people we have people here who are sick they should have someone with them at least but there is not enough of us at best we have a quick look at them it feels like the only thing we are doing for people is checking to see if they're still alive that's not care at all i could not take it any more i kept saying this is wrong the helpline operator reported over $170.00 cools from care workers since the start of the pandemic more than 100 from
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residential care homes over 20 in care agencies and 42 in nursing homes it comes as the virus continues to rip through the institutions with more than 4000 deaths from corona virus in a fortnight and the number expected to rise drastically. i was joined by the founder of compassion and care and author of the whistleblower report aileen shop she told me care workers and vulnerable people have been deliberately put at risk. these work is of always understood what's needed they've been telling us this days before the law started nobody in government has been listening care workers and found little people have been deliberately put at risk in fact the only you know that should have happened should have been in care homes and the fast majority concerns about the lack of p.p.a. but also the crucial thing here is there is an official government policy to place people in care homes from hospital with cove it infected the rest of the home and people have died as a result was that policy even if the government did a u.
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turn there's also the fact that you know care staff are saying people need to go to hospital they need to be on a trip they need help to greet and this is when did this people have died you know when to circumstances with no medical care whatsoever and if somebody fell in the street and they had code for it would you walk past them and call for an ambulance of course you'd call for an ambulance why should people in care homes be denied this basic right you say the government isn't listening but what is also stark in this report that it seems the company's management seem to be dismissing the concerns of staff and what evidence do you have that this these companies a lot of these companies are making multi 1000000000 pound profits this is a fact there's evidence on our website please governor look you know this is a fact that we've been talking about for years you know social care is beyond the law we need to take back our care system into public ownership because if this
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crisis doesn't teach us that then more people will die next time and there will be a next time this was totally for seeable and you know care staff have to struggle most of the times in ordinary circumstances folk whitman of course they're not going to have that quick moment when there's a crisis on they don't have the rest of the time. speculation around when britain's lockdown will be lifted as lead to increased levels of stress that's according to. the university college london which has been tracking the mental health of over $80000.00 people in england since restrictions began around a quarter of the public and are concerned about catching or becoming seriously ill from the virus that's up on the previous week money worries affect around 16 percent but a high among low income households and parents but i'm czar to run an employment has remained stable affecting around 8 percent. of quarter express worries over food in the 1st week of lockdown that has dropped one to 10 percent academic leading the study doctor daisy found court says virus fears of
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a steady improvement in life satisfaction over the past week we have seen stress levels rise and the slight improvement in wellbeing we had seen since lock down started have potosi just discussions around an exit have begun stress about unemployment remains relatively stable with around one in 12 people worried about their future these levels are similar across most demographics although high in those under 60 and those with a mental health diagnosis to discuss this further i'm joined by professor of psychology at city university peter peter really good to see you today it looks like a the government's done too good a job in telling people to stay home if if the thought of ending it as is causing such anxiety. yes there has been an increase in reported levels of stress but particularly people stressing about the risks to their health of. being infected by kobe 19 there's been
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a blip in the last sort of 11 days or so the levels have gone up for all sources of stress people worrying about money and their jobs and even getting access to food it's declined in recent days i mean the u.c.l. data actually only goes up to the 2nd of may last weekend and it's declined for those things except for fear about the virus which although that has come down a little bit it hasn't come down to the levels that it was before the last 10 days or so i think that would give people some sort of optimism the fact the government is talking about phasing out this knock down and indeed that we've reached the peak and the figures are improving isn't there a sense of moving on with us. well of course you know some of that is good news but i think the concerns that people have are to do with the the relaxation which will of course in some people's minds at least open up the risks again i mean the
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message when you have to stay at home is very simple you know it's not safe to go out so if there's going to be any relaxation of that very straightforward message which you know you have to say is largely been successful in terms of people complying with it when you start to relax that constraint what exactly are you supposed to be able to do under what circumstances how often and so on these are very complicated things which will be difficult to communicate to people will be difficult for people to understand and also for them to have trust in life on the lockdown of course and many stresses for many people for all sorts of reasons but in effect that we have got used to a slower but safer pace of life and we don't want to give that up because we really don't know what's next it's the unknown. well i mean obviously the circumstances that people are living under under the so-called lockdown vary tremendously and you know for some people the privations perhaps and not so tough but for others they will be really daunting and in combination with the threat to people's livelihoods
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you know people's that people are losing their jobs people are wondering when they're going to be paid next month and we also have of course the stories from the treasury have they'll be alterations to the furloughing agreement and of course all of that until it's resolved and people can see exactly what's involved will be of course sources of anxiety any fun any tips on how we can try and deal with this stress. well i think we have you know we when we know what the future might look like and i can understand you know the government can't know for sure what the long term prognosis of the circumstances is but when we know what we can and can't do i think that will you know be of an enormous help to people who've got businesses to run and jobs to think about going to just very briefly what the government says on sunday what boris johnson says on sunday would you like him to say something which could actually help alleviate that stress well obviously but exactly how you do
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that if there are if there is going to be a major relaxation the exact configuration of that really has to be communicated clearly and i think that's what we really need as a pace and thank you very much indeed for your time. and that's it and i'll have more in just over half an hour. oh are. you cannot be both with the yeah you know what.
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