well donald trump and put out to tender contracts worth tens of millions of pounds for hydroxy couric when despite no evidence that it stops you being infected coming up on the show with the world health organization recording its highest ever daily increase in new coronavirus cases is it time to call time on arguable the world bank i.m.f. health care destruction we talked to twitter director and former top world bank official doctrine goes you know conjoined we are and with public health care the gold standard against growing a virus which u.k. magazine has supported everything from medical privatization to nature nation backed death squads as it promotes illegal regime change in venezuela reinvestigate an arguably blood drenched media institution headquartered in london and read by the rich and the aspirational possible coming up in today's going underground at 1st as the world health organization recorded the largest daily increase in cases since the coronavirus pandemic began scientists in big pharma scrambling to find a vaccine but will be free for everyone joining me now via skype from washington

d.c. is someone consistently voted to be a model benioff's time magazine most influential people in the world she is chair of the board of the global alliance for vaccines and immunization a 2 term former nigerian finance minister and former managing director of the world bank group dr in goes your congo it well i thank you so much it goes you for coming on britain i have to say doesn't believe the w.h.o. 14 day quarantine period doesn't believe that's right trump claims the w.h.o. is a front for the chinese communist party before i get on to the actiq salary during vaccines are you surprised by the amount of vitriol aimed at the w.h.o. in the world today the world needs on the good news a sound that can help us money. we don't need. in this case you know you the world needs to come to god that will cooperate because until . that last question still has he sent everybody. in the

world is in danger no one is safe on to lead a whiny state and the only way you can manage that is with an organisation that has won 88 member countries like the w.h.o. so you don't think there's any danger the china gave $2000000000.00 to w.h.o. this week and donald trump's appears to be withholding money from it i think doug ha should be supported to do its job which is to make sure that we approach the pandemic as a collaborative community global community because if we don't do that we're not going to be able to get on top of this coronato us could want to be in said on this program about how we're only as strong as the most vulnerable the w.h.o. is a partner organization of something called the act accelerator you're a special envoy for it what is the act accelerator. the actor accelerator is an initiative which is global. that has been launched in order to support all the

tools needed to help us deal with the cold did 19 and the idea is to support the developmental manufacture and delivery at scale of that scenes with their. correct safe and high quality vaccines out found or therapeutic or dad gnostics so they test 3 sets of tools but since therapeutics and agnostics and this little initiative which has countries from all around the world to our member countries are. supporting it so that when we get for example their right back seems that past state we can make sure that nobody in the developing countries for instance is left without the vaccines that there's equity in the distribution and the access arguably developed countries obviously also need access to those and vaccines it's only just begun but is it strange that the actors working with the pharmaceutical companies like g.s.

k i mean they they pleaded guilty to criminal charges a $3000000000.00 us settlement largest health fraud case in history you have a reputation in fighting fraud in nigeria what's it like working with big pharmaceutical companies or the been done basically for fraud well within day at that celebrated critical organizations seppi quietly champlain preparedness innovation which looks at the back scene still so the vaccine development and manufacture and badly the global alliance for vaccines and immunization of which the board which deals with also helping to manufacture at scale and delivery those that it to keep organizations we're dealing with seppi is now looking at about 10 but there are those out state and wherever the vaccine is confirmed. lots of companies as you know that are working on this lots of research laboratories so where that comes up with the right about seeing that is

a sustainable solution for the world seppi will work with them and god it will work with them and to be clear the vaccine will be free they'll be complete transparency and there will be no w t o trips trade related aspects of intellectually intellectual property rights dimension to the covert 90 mm vaccine what they act at celery tenney said it is looking at is how come we have a situation in which the back scenes when found will be regarded as local public goods meaning that the issue is not about profit but the issue is about saving humanity from 19 and having a sustainable vaccine therefore they'll be equity access and transparency in the way that the vaccines are handled or did. not states when they become available so averse to case one day when big pharma announces a vaccine or treatment for corona virus as

a share prices go up so much i mean presumably if they're not in it for the profits or the bonuses gilliard stock price should have shot up for rem disappear as a possible treatment for a coronavirus what were people share prices going up when actually this is just going to be free at the point of use i think that you're mixing up 2 things i mean these outward tech companies nobody can control the way that the animal spirits in the capital markets and react to it to the news that they found something not the other that is to separate them from saying we got that scene of vaccines and said look you know this is now a global public good which we're going to work with us not about profit and we're going to make sure everybody has access if there's still one person who has got the 1000 if there's a bone. mobility in the world everybody is at risk because we know that given the interconnectedness of the world we are all vulnerable it's going to spread again so

we need to save lives that's the paramount and i think all that tangled in the development of these that since will come to the table for that objective so it's definitely not going to be like say a hiv vaccine when a.z.t. had there or novartis is cancer treatment having cost half a $1000000.00 around for kim lots of a public sector involvement in the research and development these big pharmaceutical companies often accused of putting more money into stock buybacks than research and development and yet these private companies seem to have made massive profits of vaccines in the past as well as discovered in 1000 is consent you will notice that 2 weeks ago the european commission under a cloud of many fund raising drives to raise resources to support this act. and initiated to get vaccines affordable and equitable to the all

in the world who will need it and at that point they raised $8000000.00 to support this effort so it is very serious the issue of access and you have seen people all over the world protest in a right in their test that this is the way it should be we don't want only rich countries to have access to their vaccines we want to make sure that nobody is at the end of the queue and that we have access and for everyone so you see this is literally a a revolution in thought processes of a different say big pharma lobby groups because actors going to be working directly i understand with the international federation of pharmaceutical manufacturers i mean these are the mass lobby groups that have arguably lobbied for intellectual property rights to prevent widespread access defacto to. saenz the global alliance of vaccines any end in a zation badly they gouge the alliance has worked with manufacture as

before to get vaccines at larry low cost sometimes vaccines that cost a $100.00 in the rich world where able to get them down that for the last 50 of those and so on affordable for developing countries we are able to negotiate this because they have some instruments like the advice market commitment or the advice for test and commitment where we discussed with these companies ahead of time largely i'm you know we work in 73 countries with comparable offered them volume so that become bring their price down very no to up on the able to be affordable for poor countries but what about the problems and you knew about the more than most people of the efficiencies of public private partnerships how bureaucratic they become how sometimes fraudulent they they are we've seen that here in public private partnerships you don't think it would just be better more efficient less

bureaucratic for the world health organization or more democratically accountable bodies to take over the pharmaceutical companies and the and make them institutions for the benefit of all rather than having profit in the equation at all the public private partnership that i've worked in which is gavi the vaccine alliance has had a very good track record it's regarded as one of the best partnerships one of the best multilateralist in the world and it's consistently rated very high there's transparency in what it does so there's no bureaucracy it has very low administrative costs 3 percent and he does his job. for the world's children so that's the kind of public private partnership that damn you so and that's what we're in right now just turning to africa now you spent 25 years. in top levels of the world bank why do you think it is obviously every death is a tragedy that the entire continent of africa has so far only have

a death rate of $3000.00 we have arguably 60000 killed by coronavirus here in britain is that some kind of vindication for the health care policies of the world bank when you were outed i don't think this has to do with the world bank with all due respect to step to say that the world bank has acted to make looting in africa i think this week nobody knows this is something to be studied why the death rate on the continental us is as low as it is even bill the number of cases has been rising doubling every 2 weeks. the number of deaths is you know that people posit that maybe it's because of the demographics of the continent because we have a fairly young population some of that's positive that maybe there's some kind of the new need to rise in from i have been had a day in sex just easy's is no one knows because they're being anecdotal reports of african hospitals having full p.p. protection for health care workers and general levels of health care better than

in the so-called developed nations like britain or the united states i don't know whether you want to take credit for that as part of the global alliance for vaccine and immunization or whether jim yong kim with the world bag will beat you for the top job there do you believe that these multilateral institutions have a key role in helping developing nations combat coronavirus or too early to tell the coronavirus epidemic is still some places don't need it in other that needs is because they still rise and i know that they multilateral institutions have moved quickly but the african development bank the world bank the i.m.f. other institutions all around the world in malta making their debts if i announced . i'm a liberal now and dad the day i met i was given some measure of death and you need 2 countries but let me tell you something the african continent has moved south

to help itself and has acted very quickly and the policymakers have been very responsible i'm i think that's also partly why we have seen danes today and so that's why is this we've had experience with. so we have some strong systems to trace identify and trace contacts so people we have those stem seen place in several countries and that does help to help you don't get that from western media or arguably doctrine goes. thank you very much thank you off of the break. from this week old british newspapers for the 1st time no longer have to disclose sales figures i mean why spread lack of trust we investigate how the economist magazine is a centuries remain good global influence despite its augie bill blood drenched support for imperialism told us more coming up about doing going underground.

the goal of the federal reserve bank would be to take the american economy private that is to say what by all stocks all bonds all property and now deutsche bank and other banks are saying yeah they're going to print $130.00 trillion dollars they're not going to stop at 6 or 7 trillion the number of dollars are going to print is going to exceed the g.d.p. of america by a huge factor and they're going to buy buy everything same with the other 3 or 4 major central banks around the world this is what neil feudalism looks like.

welcome back in the past few days venezuela someone to boris johnson's top diplomat there for a dressing down of the u.k. let alone easy you and us could tempt one magazine that this month's failed u.s. mercenaries could have expected support from is the london based economist magazine owned by european oligarchy interests like rothschild cadbury and the fiat's car family founded almost 200 years ago when it promoted market forces as a solution to the irish potato famine that killed up to a quarter of the country's population it has since championed imperialist death squads backed regime change all over the world and has even used alleged war criminal henry kissinger for its advocates. believe me good evening. all right. joining me now from new york is an example as evan historian you left review editor and author of liberalism at large the world

according to the economist thank you so much alexander for coming on only this week newspapers or magazines or for the 1st time not required to give their circulation figures i think from this book and you say in your new book the economist will be relatively immune from the people refusing to buy mainstream print journalism why do you why do you think that is and why is it so successful a magazine well i think there's a 2 main reasons one is that the economist does provide a genuine service to its readers which is to cover the entire world. you know truly on a global scale to bring readers information about the places originally that they were they were sending their capital the other though is that it is it has been various . active at marketing itself in the kind of you know high period of globalization as a sort of rough guide to globalization the rough guide to capitalism let's just talk

about venezuela for a 2nd given that we now know from afraid of information request that has led to the venezuelan government summoning the british top diplomat there about a coup attempt at support for a coup a year ago the economist magazine as leader was called how to get rid of nickel amador an attempt to depose the dictator appears to have failed try again what is this obsession with regime change arguably that you detail in the book i try to restore a size the economists interest in promoting regime change around the world as as as as being quite fundamental to the history of liberalism from the perspective of the magazine based based in london and did it today just the period of the high cold war the economist is you know trying to figure out what the best political systems are for the accumulation of capital for foreign investors and really before moody's

standard and poor's or or barron's or any of these other credit rating agencies ever exist is negotiating and fine tuning the mechanisms by which a society a state can be can be governed that are conducive to the kind of new financial capitalism that we we know so well so that is as present in the coverage the economist gives to the coup of louis napoleon in $1000.00 that the one in france and marx writes about this in the 18th brumaire he says the economist speaks for the as the european organ of the aristocracy of finance you know as the stock market rises it's confidence in the executive increases and so i try to restore that as a kind of the nominee and that goes beyond calls for regime change in venezuela today although of course the congress continues to do that. but to really sort of. see it as a structural phenomenon and in the book i cover the economist's coverage of you know the who in brazil that opposes the democratic regime in guatemala in iran it's

not an isolated sort of obsession with manure and it's something that the economist . from this perspective has been talking about promoting openly for a very long time yeah well that we just played a clip the economist seemingly proud to have an affiliation with his injury and you talk about chile in the book one coronavirus given it's 200 years old the economist magazine just tell me about how they took that kind of opinion of sanitary conditions during the cholera epidemic in london that may surprise some i don't know whether that educates how people in the economist today may see the lockdown here in britain. well the attitude of the economists today towards cove it is quite a bit different and more proactive than the positions that they took in the very 1st years of the publication and one of the things that i document in the book that isn't really well understood about the history of the is just how central for the

economist less a fair economics was in the 840 s. and early 150 s. and the economist in that period adamantly opposes any form of intervention in the economy and in terms of its relevance to our present crisis that includes interventions to create modern plumbing sewage sanitary bill. and a number of others pieces of social legislation. you know there's a line that pretty incredible from that period where the economist says there is worse evil than typhus or cholera or in pure water and that is mental in the silly to today the economist has has argued that the state should intervene in all sorts of ways to keep the economy going and to to ensure some form of you know safety and sanitary standards but that hasn't been always been the case they've

they've changed the image of course so that part of the 19th century it may not be much in the british school text books but that was when maybe up to a quarter of the population of the island of ireland were killed by the british back potato famine i understand the economist was equally laissez faire about that solution to the arguable genocide in precisely and that is perhaps the most important episode in discussing it and talking about the practical effects of what laissez faire meant right this was laissez faire you know was was a policy that in ireland led to over a 1000000 death you know the economists ran leaders every every week criticising in . back in those who who wanted to restrict trade out of ireland and in fact it's important to realize that that one of the reasons that free trade triumphed in britain when it did it was the argument. compelling argument that that free trade

would lead to a solution to the to the to the irish man and so i think it's important to think about that today if we simply continue on the path that we were on before the crisis began it's no wonder that we see the kind of rampant inequality is exposed in our societies the fact that in the u.s. where i'm based those who go to work who have to work who can't work from home are exposed to the virus in a way that people who stay at home home aren't you know so so that certainly there are lessons in terms of what happens in a crisis when the market is allowed to simply determine who lives and who dies well when it comes to who lives in new dies and who's affected most by economic policies today in the economist do you think that there are close links between the secret services on the economist you detail links to the cia to mossad tell me about brian

crowe's here and far and report what i document in the book is the way that the economist and one of the things that i discussed in the book is the relationship between the newspaper a newspaper that has promoted sort of the spread of global capital and various other ideas. the close connection between it and the british state and that this is one of the ways in which liberalism triumph as it is is through its close connection to the british state so this is a slightly different story that i'm telling then and then the one that's generally term about liberalism is being kind of inveterately hostile to the state so there's a close connection there in the period of the cold war there are some really extraordinary characters that are involved in. in producing journalism at the economist brian cruzeiros one he wrote for those of fans of the of the genre he wrote kind of tell all memoir called free agents even though he really wasn't a free agent in the sense that he was kind of closely tied to the intelligence

communities in the u.s. and the u.k. . and through him brian crowe's you're a number of other. journalists were recruited to the column as one of the strangest in the book is a character named robert moss who. famously skipped down the corridors of the economists offices and in 1983 the day that. door and they ensure they took his life chanting my enemy is dead and mosque was deeply involved in the period leading up to that coup in in preparing western opinion as well it within chile it was a it was a sort of a clear cut case of propagandizing and. enjoy ties to the cia as well as to to to other western intelligence agencies and and so what i try to demonstrate is that in the cold war period in particular we see those close connections to the state manifesting themselves and in this kind of pushback against detente and against

sort of not only left wing or communist governments in the 3rd world but even even even governments that that simply attempted to sort of nationalize land robert the fellow that i was just alluding to was also fascinating because in it at the end of the cold war he he you know kind of goes off the deep end and in 1980 but a decade before the end of the cold war begins to write erotic spy thrillers i read every single one i'm not sure how interesting those erotic gorillas are going to be vor her audience but them why i mean given that you itemize china india afghanistan lansford on south africa malaya kenya the kind of blood. so colonialism that it's promoted why when you think today advertisers want to advertise in the economist well i don't think they do no no no it's past and i don't think that the. and i don't think that every one of the economists really understands the past either

there isn't there's an idea that liberalism is. inherently anti imperial anti-imperialist or to say this isn't the case and i try to show the ways that the 2 phenomena are linked in terms of wired ties or as want to to to to advertise and in the economist i think the that the wealth of the readers who subscribe to it this is the main reason and you know look i for me as an historian that imperialism is not simply confined to the past we live in a in a world in which relationships of colonial neo colonial dependency you know continue to exist to persist and one of the things that i show in my book is that in order to construct the global economy in order to construct global capitalism one of the things that the economist discovered when it when it had a terrible rout with with the with another group of liberals in the 18th fifty's over or of these wars that that arise war in china war or in india or special of

the indian mutiny and the crimean war is that actually the management of the world economy requires actually the use of force and of violence what of course the economist said when they reviewed your book didn't acknowledge what the magazine has got right and defy the odds that it its defense against your book was that only 5 percent of the economist or editorials has lots of charts it's concise it has lots of facts in it and that's why people buy it that's a criticism that i've heard about the book you know that i've received that you know that. the economist produces good facts and good data and good information on the one hand and that's something different then its editorial opinions on the other what will obviously that's that's a false dichotomy the relationship between the information that the economy missed produces about the world economy is related to the kinds of the kinds of illogical points that wants to make about where that world economy should work what governments should look like and do and that doesn't mean that reading the

economist is is is unhelpful it is helpful so it's strange to me to to to to in pilot my book says anything other than that the economist is extremely important and we we ignore it at our peril we should pay close attention to what the economist says and advisors and sometimes we should do should do the opposite in a free advertising i got as evan thank you very much. thank you that's over the show we're back on monday from the european epicenter of growing the virus with someone who could be london's next mad drill ministers and recently johnson should be sent to work on in china but till then wash your hands join me on the ground on twitter you've found that instagram facebook. tax rises financial survival guide stacey let's learn

a salad fill out let's say i'm not so i get any earthly grease on bank of the fight wall street spot thank you for something. on the story that's right well if you looked at slavery. the world is driven by a dreamer shaped by one person. who dares thinks. we dare to ask.

me. when i came out from do sail i really could not even show heppy editor and sometimes even people were joking about something i would keep to myself if i was even looking i feel guilty. and to it's very probably due to cooled for a normal person to get to spend. understand you leave with that all your life i want to point it out to you we will live with it but we did not receive help like now when our boys are coming here know from the wars in then finally they need to mend you know for the how do you call it depression we didn't have to tell. the big things are all.