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tv   Boom Bust  RT  June 16, 2020 10:30am-11:31am EDT

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just giving you shit what's that you know with what little. justice what did you give one case of god. the underlying idea of the workshop is a calendar of which they feel thrilled to find joy in. the world is driven by a dream shaped by those. who dares thinks. we dare to ask.
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this of the bus the one business show you can't afford to miss fanfare monteith aopa in washington coming up stocks state a comeback after a major drop to start the day over fears of a 2nd wave of 19 we'll ask our experts if we should just get used to this kind of volatility and millions of people are unemployed and facing uncertainty due to the crown a virus that includes the over 40000 food line workers believed to be stranded abroad we have a posho today so let's go and dive right in. global
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markets are slipping as concerns grow over a possible 2nd wave of kovan one teen will beijing reported a cluster of new cases after nearly 2 months without new infections will china's capital reinstated some restrictions including security checkpoints while both schools and sports venues also close after an outbreak tied to a huge market this comes as south korea also continues to see a rise in new cases especially since the government has not enforced stricter social distancing guidelines. that's spreading. in the metro area in the virus is spreading particularly through daycare centers and nursing facilities which is a senior citizen we're making our best efforts in tracking people who have had contact with confirmed virus that we are still using to limit what you can turn up with. the words or utilizing all the resources we can you want to prevent further
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massive action in the metropolitan area. india also saw a jump in new cases in recent days this is despite the extended lockdown the country has the 4th highest number of cases in the world with more than 332000 the city state minister predicts the country will have more than half a 1000000 cases by the end of july in a country that's already running out of hospital but when meanwhile many european countries reopened their borders on monday after 3 months of strict closures the region saw the sharpest drop in g.d.p. for more than a decade with a fall of 3.8 percent in the 1st quarter of 2020 well last week president of the european central bank christine legarde highlighted what she called the unprecedented crisis saying mastering the recovery will require extraordinary action at e.u. and national level and the united states is seeking or is seeing at record spikes in new cases and hospitalizations across the country dozens of states are seeing an increase in infections as they reopen and while the surge may be attributed to an
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increase in testing availability reports have surfaced that many states have returned to pre-code norms without wearing face masks or even following a social distancing guidelines. with a possible 2nd wave of coronavirus u.s. stocks are sliding will sentiment in the markets have been shifting since last week when markets were reaching near all time highs monday's futures slid at one point the dow was down $762.00 points at session lows but recovered some of its losses throughout the day well joining us now to discuss is co-founder and managing partner at f a. insite thomas lee thank you so much for joining us today tom it's been a volatile day as we've seen a volatile week as the indices clawed their way back up from the lows that we saw this morning but it seems like this negative phentermine has really taken over once again over the possibility of the resurgence of coronavirus cases how do you see all of this playing out. well i mean there's
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a lot of uncertainty you know this is an unknown disease and. it doesn't look like any country has really defeated goods successfully not because you point out you know china seeing you piece as well but i think that there's positive things happening in the u.s. because even though it exists are rising. it's not really going to increase for them to the healthcare system so hospitalizations have a taken out so i think the market's perspective economy showing a lot of resilience you know china had to be shaped recovery on the economy side and u.s. has a lot of evidence that consumers really are moving in that direction and as long as coping doesn't suddenly we're in the health care system i think stocks are in good shape well you mentioned china having a v. shaped recovery now we're seeing beijing where 1st started closing down replace some restrictions once again are we going to see another reserve gents in the country. i don't know i mean you know it's i haven't been following it closely i
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mean it's 37 cases in china so it's not you know it's not tens of thousands but. you know i think it as long as a country implements context reducing it something we've been writing about. and therefore they can sort of test and notify everybody and you know what economy can still do you know with. now have to shut down i mean you know shutting down the economy is an extreme step and i think i don't think that's what happened and i believe a lot of people agree with you a lot of analysts have been saying that with that in the 1st place the u.s. shut down way too much the economy you've always been pretty optimistic about the market based on your proprietary data what drives your thesis when we are still seeing these severe contractions in economic data worldwide. by i mean i don't think we have a thesis as much as you know we're our frame or is just saying at the moment i
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think consensus and perceptions are still too negative you know there's 500 dollars of cash on the sidelines and if it looks like consumers quite resume which they are . and this is very much a market bottom and therefore stocks will do a lot better than people expect maybe that's. bull market so i think that us ok explain the market better than any. well fed fed chair powell your own power he's expected to appear before the senate banking committee tomorrow on tuesday and he's going to deliver his testimony as part of the semi annual monetary policy report what should we expect to hear on the outlook of the u.s. economy i mean we heard last week that it wasn't good news and it definitely had an impact on the markets especially on the light of the disappointed message and tone that we've gotten from. now i don't think that's not much has changed in the past few days some of these messages in the pretty consistent. you know i think it's
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important for people to recognize is not a normal it's insightful it's not a normal c.s. and so any policy measure would have place today you know needs to be extraordinary and i think that's the fed's done that because that's what washington has done and you know if if anything you know if you look at the past week you know 2 beasts measures still need to be put in place yes methinks you know we need to have that sort of extraordinary support for some time now john powell had said that the interest rates will remain up near is there a low until 2022 he said that he's not going to put them into the negative route do you see this happening is he going to go negative because many alice are wanting him to. i mean our team is we're you know i don't i mean the feds look at different rates and i think there's still plenty of other policy tools that are new and i agree you know negative rates kind of punish banks and lenders of capital now
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think that's what the fed wants i think the fed wants to make sure that. cost of capital is appropriate we are in the cycle and so you know if we could be becomes a problem at the used their balance sheet. medically i don't i don't know the signaling benefit is very well tom let me let me turn it to these jobless claims that we've been saying the markets definitely reacted some a few weeks ago when we saw the the main numbers and they were lower than it than expected there are still about 44000000 americans who have filed for unemployment we are looking at some some record numbers here what do you expect or what are you predicting to come out from this because some of these jobs may not come back right . you know i mean i'm future is uncertain so i don't really have a projection of fiction about employment market i think you know it's not is to try to make predictions in that you know in that period when there's no this is really
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a search that's certainly not in our approach and you know for the last 3 months we have not been trying to make forecasts for clients we've been trying to help them understand what's happening in i think the most important thing to mind is. you know the economy shut down there's a lot of jobs lost and how quickly they come back i don't know i think the problem is that people may have is. people trying to project. based on looking at past and a long time you know it's not a normal cycle this is not a capital you know over investment period that causes a recession a disease that shuts down the economy so i don't have a job and i see i hear what you're saying and a very good point there because the ask you hear so many analysts and other you know economists trying just just predict where we're going to go from here whether or not we are going to see or you are v. shaped recovery but like you say there is still so much unknown but let me switch
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gears here a little bit on top of this there are trade concerns that are rising yet again the e.u. is now challenging china's trade expansion with a landmark tariff to counter chinese subsidies to these export years what's the story there. i don't know a matter of follow your so i don't have any opinion sorry i don't want to i want to be speaking about things that are not my area of focus anything else that you'd like to add as far as markets here i mean we don't want to predict right but is there anything that i mean we're seeing step by step states reopen go ahead. well i mean i don't think that you know. it's you know i've been following markets for close to 30 years now and one of the lessons i've learned so i don't try to tell the stock market what to do i think it's more important to try to understand what the market is telling us. you know since 10029 we've had 10.
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or larger maybe today and what we saw this year and stocks were maybe shaved you know that's something that we. very you know we were looking for clients . mari looks now like the 11 instance but now let me know. never the markets and all i'm always heard which is a species on that's always for right. i don't know what's going to happen i think stock markets think that the economic recovery can be quite because i personally don't have a rejection of that prediction and even a drone powell has said it's going to be a while a lot of a lot of those who do predict are saying that it will definitely take some time thomas lee co-founder and managing partner of fs insight dot com thank you so much for making time to be with us today. some $42000.00 cruise ship employees remain
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stranded at theat some are still battling the chronic infection and without paychecks well 3 months after the entire industry shut down because of the pandemic r.t. correspondent john hardy joined the flightless on the fate of the cruise industry john thank you for being with us what more do we know about these crew members who are still stuck at theat. well yeah as you mentioned there they're trapped aboard the ships that are being allowed into various ports because some of them still have an infection rate some of these people have been on board these ships one guy in particular for 80 days i magine that you're stuck on his ship in your cabin in your state room for 80 days you can't get off because the various ports of various countries don't want the ship to come in because they don't want an infection rate or anything the spread in the population that's what we were seeing here in the united states here in miami you remember back in april late march april the van dam a couple of the other cruise ships that we showed you that were anchored off shore couldn't get in to the ports here in miami port everglades up north because we were
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in the midst of the pandemic and so the various counties in the state and governor run to sandestin what the ships to come in and then spread and continue the infection well what i ended up happening with some of the ships like this and then it was allowed to you know to come into port here in miami the people that were sick were taken off the ship they went to various hospitals for treatment others were repatriated back to their countries and while several 1000 people have some 42000 at last glance and at last look still trapped on some of the ships throughout the world and it's unclear when they're going to be able to get off many are sick still have 19 others are asymptomatic so that's been a problem getting the adequate testing done getting medical personnel on board the ship so that remains a serious issue but i. as i mentioned you know thousands of these crew members have been repatriated back to their respective countries in fact i'll go through some of
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the most recent numbers 3000 carnival cruise line workers disembarked in croatia earlier this month sarah to head back to home and you know various parts of europe and the sea cruises has flown more than 1000 indian crewmembers home on chartered flights that's what we're seeing a lot of these cruise lines doing chartering airplanes jets flying people home so m.s.c. flew 1009 crew members on flights back to europe from europe and south america royal caribbean flew some 1200 filipino crewmembers home last week from greece dubai from some ports here in the united states and also barbados but again at least 42000 crew members remain stuck on board the ships and what we've seen we've seen again the infection rate spreading on board the ships because of a lack of adequate medical care medical facilities medical crews and also there's been suicides you know just think about it you're stuck for in
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some cases 3 months now out at sea and you have nowhere to go you're literally isolated to your cabin and if you're allowed out you get to only walk you know that the deck may be you know on board the ship so so it's a very difficult situation for these folks but you know a lot of these poor it's like here you know in florida we're very hesitant about allowing these ships in because they don't want to continue to spread and certainly now that they have a handle on anything of the interviews on the pandemic yeah they want to remain cautious so you've got to understand that perspective but it is very difficult for the thousands of people that you know the crew members that are on board the ship is there 42000 is a huge number john i know that the fate of the cruise line industry is definitely up in the air especially with these stocks in the way it's going and when they're going to recover r t correspondent john thank you so much for that report. time now for. a quick break but stay here when we return new details into the case of why waste. now her
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lawyers claim there was a conspiracy behind her arrest as we go to break here the numbers at the close. seem wrong when old bulls just don't hold. any. get to shape out. comes out to. and in detroit equals betrayal. when so many find themselves worlds apart if we choose to look for common ground.
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documents show that prior to the arrest of always c.f.l. main ones though canadian authorities warned the united states that her arrest would send shock waves through the international community now despite those warnings as we have reported the arrest went forward but now lawyers for awhile way say those documents prove a conspiracy on the part of canada and the united states during the arrest well joining us now to discuss that and investigative journalist ben swan bennett break it down for us what are these documents and what specifically were canadian authorities warning about. yes of these documents were released on friday they show that the canadian security intelligence service essentially warned that if the united states got involved and if canada move forward with the rest in may 10 as you mentioned that this would send international shock waves throughout the world because of the fact that essentially the u.s. orchestrated in many ways this arrest based upon a whole series of steps that are somewhat shocking the fact that many ones oh it
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was stopped in the airports in canada she was told that security needed to speak to her but that she wasn't in trouble they took her cell phone they took her computer those were search for several hours while she was not given a lawyer and she was not even told that she was being charged with anything and again the what the lawyers for weiwei are saying is that this proves a conspiracy that the u.s. was working in advance with canadian authorities in order to put together essentially trumped up charges and the reason they say these are trumped up is simply because they say the main one so did nothing that was illegal in canada only would be illegal in the united states and meng's arrest than it was primarily about violating u.s. sanctions on iran cracked that's right essentially here is what happened was the u.s. authorities have said that while way was essentially working with iran and using banking services through h.s.b.c. with iran and they say that that relationship with iran violates u.s. sanctions but what what is lawyers are pointing out though is that canada does not
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have the same sions against iran the u.s. does but canada does not mean long as it was not in the united states she was in canada and was on her way back to china at the time and so the simply the fact that the united states declares something to be illegal and says you cannot work with china and if we find you anywhere in the world even though it's not illegal for you to be doing what you're doing there or we're still going to attempt to not only have you arrested and held but that extradited to the u.s. and this is. the shock wave issued that canadian authorities were talking about these intelligence services were saying the idea that someone can do something the united states doesn't like and that authorities in those countries will then work with the u.s. to not only kind of entrap and hold that person but will that hold them to be extradited to be punished by the u.s. is fairly remarkable one can't that's exactly what canada did here but let me ask you this ben while way owns the most patents on the next generation by the
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technology we've reported on this as well new reports now indicate though that the chinese company will get paid this will be despite the trumpet ministrations efforts to actually a race that from the supply in the ban what do we know about that. yeah it's a pretty interesting story so we've been talking about there's a boom bust you know for months now since really the issue of the fact that the u.s. is doing everything in its power to really shut down wall where you special when it comes to 5 g. technology keep in mind while way is the world leader in terms of 5 g. technology and as you just rightly said is also the holder of the majority of patents in this area so when the trumpet ministration people like secretary of state mike brown paon president himself talk about other countries not using while wait don't know why we build out your 5 g. infrastructure in fact you should be using these other western companies possibly you know swedish companies when they talk about this the reality is that even those companies in many cases this new study says would have to use whoa wait technology and what we patent is therefore having to
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a while way even though they've been blacklisted on a lot of the allies u.s. allies have are going forward with at least some of their always 5 g. because again in the in the industry it's known that while way technically is months ahead of other companies build us co-host and investigative journalist ben so on thank you again for your time. online retail giant amazon is facing multiple investigations and possible antitrust charges over its business practices will listen clude the way the company treats 3rd party sellers legal journalist 1000000 barrels contributor with larry king now with more on the accusations that amazon is facing molly good to see you how many a geisha ins are we talking about here and are they all focusing on the same issues . pretty much there are some nuance differences but basically you have several investigations 2 state investigations out of california and washington of course that's amazon's home state and also you've got the european commission that is looking into some antitrust regulation by aleisha as well and in fact charges are
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expected so in a nutshell amazon has its own private labeling brand and the european commission investigation is focusing on that in the 2 state investigations. are sort of looking into similar issues but basically what that means is amazon has the ability to collect data on a lot of it's 3rd party sellers like information like who's looking for what how well it's selling and the european investigators as well as some state trust regulators here in the united states are trying to see if amazon is using that information to boost their own private labeling business as and that's inadvertently or not inadvertently but by doing that they are creating they're becoming competitors with the very people that they are allowing to sell their products on their marketplace so it's about can amazon exist in a dual role as a marketplace and also a competitor to these 3rd party sellers that they're allowing to use their marketplace molly this isn't the 1st time we're seeing this antitrust concerns about amazon operating the retail platform and selling these products have been
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raised before will we actually see any changes from these investigations. it's going to be interesting it does seem like they're turning up the heat quite a bit because you've also got the u.s. house oversight our antitrust committee is looking into it has been looking into the very same allegations for months now and so i think it's a sign between this and several other class actions proposed class action lawsuits again coming out of washington amazon's home state over another issue where it's a defunct policy now but at one point amazon had made it so that its 3rd party sellers couldn't offer the same products at a lower price on another website so that doesn't exist anymore but there are still several proposed class actions that the company is now facing so between that all these other additional state and federal investigations it's a sign that maybe amazon has just gotten too big and now there's going to be some major regulatory reform coming in whether it's against amazon or other companies that have just gotten enormous into powerful so i think we are going to probably likely see i mean how much big could i be but i think you're going to see some real
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regulation reform come in when it comes to competition in the marketplace ali we have about a minute left one more question though i want to ask you also dealing with some other lawsuits on the what's the latest on the lawsuit filed against the company who sold overpriced masks on amazon. yes that's a big deal these days isn't it just real quick it's 3 am they filed this lawsuit against a particular company that operated it's based out of california and they operated under various businesses but all over priced selling overpriced masks that were touted as being effective against kobe 19 but they were defective they were damaged not to mention they were way overpriced so basically the lawsuit is now got amazon working with them to identify any price gouging vendors and also turn over some of that data to state and federal investigators so be interesting to see if any of those not that they'll be the overlap but if amazon has to share some of that data it'll be interesting to see what else comes out of that absolutely will keep an eye on that for you molly barrows contributor with america's lawyer thank you again for
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your time. that's it for this time you can catch. on demand on the brand new portable t.v. apple mail on smartphones there will play on the apple app store by searching portable t.v. and more phoenix time. become a battleground in the u.s. in vermont people have demanding the shutdown of a local plant from my yankee is right now my focus because it's a very dangerous oh no care power plant the owner is attempting to run the reactor beyond its operational limit this case just sort of puts a magnifying glass on where's the power in this country where's it going is it moving more towards corporate interests or is it more in the idea of
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a traditional participatory democracy is your power line with the people this case demonstrates that struggle in very real ways. to take away then from this herd steal where it's a 2000000000 dollar negative net worth company worth 400000000 and they're issuing international bankruptcy offering fresh deal of stock they take away the news the information the fact is has nothing to do with the current the company it what it says is that the dollar is collapsing the dollar has entered a high birth place nary collapse and this causes people to run into things like fictitious stock markets as we've seen in zimbabwe as we see it in venezuela this is what's happening in the united states right now out of today. in the troubled 19 seventies
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a group of killers rampage 3 parts of northern ireland that was cordon. it loyalists attacks protect the only catholic population in belfast tens of thousands were forced to flee their homes and what was striking about these attacks was a p.r. you see the police actually took part in the attacks so instead of preventing it they were active participants in the burning of full streets in belfast at the time more than a 100 innocent civilians were murdered as the review can seniors and we found out more i was surprised about the extent and of the currents which the solution was involved in some of those cases the killers would later be named into the enemy getting i think it went to the very very top i think it is for all the water where all the testaments you thought was going on and gave the go ahead.
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welcoming our viewers from around the world live from central london this is r.t. u.k. . the u.k. government huge turns to provide disadvantaged peoples with free meals during the summer holidays after account paid led by footballer marcus rochford we hear from a food campaigner. the u.k. government says a review into the 2 metre social distancing rule will be completed in weeks a world health organization funded studies suggest it's only slightly more effective than one meter but other scientists suggest floors in the research. research reveals mandatory face coverings in public places as well as test and trace could prevent more than 50000 coronavirus deaths in the u.k.
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operator came to the scientists behind the study. while coronavirus antibodies are found to remain in the blood for months but not all patients develop them the author of the research tells all to you kate why that might be. the more liberation you are. the more likely you are to develop drugs. and love the statues and blue planks will be reviewed after weeks of black lives not of processed on the toppling of some slave trader memorials we have more well pointing to remove the statue of the mother colonialist. the u.k. government has confirmed it will give free school meals vouchers to people throughout the summer holidays it follows a campaign by manchester united football of marcus rush for it to extend the scheme which was initially just missed by the prime minister who were in this are now
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joined by our case isa rally. by their research so what's really happening. what we've seen throughout this coded 19 crisis of course children having to stay at home and not attend school and because of that there's been an increased burden on a number of families across the country of course children many of them from poor backgrounds would be getting perhaps directress to lunch at school because they've been at home that's put more pressure on those families and so a campaign led by the england and that's the united footballer marcus rash that has not only raised money but brought about a u.-turn in government policy with the government announcing that they will be contributing an extra $120000000.00 pounds in funding for that which is so that children from the most poor deprived backgrounds can get lunches or can get food and that's the sort to be something which will be a particular and helpful at this time when household budgets are tight or people
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might perhaps not be working as much and a lot of praise coming to mr rush for his efforts but despite the government's decision to make this u. turn and to provide that funding there are questions from across the political aisle that perhaps the government could have acted sooner if the economy contracted by 20 percent in april. and we could be on the verge of a return to my son employment something we've not seen for a generation. we've also one of the highest death tolls from private 19th in the world at least $41700.00 deaths and likely to be far greater than that. and in the last hour the government has you turned on frisco mayor if you cannot put on record my thanks to marcus rush her car 30 years later on this issue of the victory for the 1300000 children affected. mr speaker this statement
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is intended to deflect attention from all of that and can i assure the prime minister it will not work now mr rush that took to twitter to welcome the move saying i don't even know what to say look at what we can do when we come together he has been praised lot he had received he had written another twitter thread where he was basically calling on the country to take a think about parents who don't have the 8 ability to pay for electricity for heating or might have had their a water cutoff that trungpa the response from the tory government minister to resign kofi who said that water can't be disconnected that prompted another response from mr rushford saying that it's concerning that the only tweet that she had acknowledged was that one calling on politicians to put their rivalries aside
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and to make that difference to the young people's lives and of course there have been questions raised as to why in the 1st place it did take the efforts of a footballer to bring this type of pressure to bear on the government and to get them to put this money for those who are from the most volatile families and i mean tony so this is the 1st recent change in government policy in the face of pressure as it. no absolutely me seen a number of u. turns thus far particular during the course of this coded 19 crisis now one of them is of course the issue of children returning back to school that has been put back to december but there have been a few others the 1st of those is with regards to the tory party's decision to change course on the surcharge the n.h.s. surcharge for non e.u. . n.h.s. workers who of course the saddest rely so heavily on another one is with regards to facemask initially the government were really resistant hesitant to put that type
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of measure in place but now we see that public transport requires people to use face masks another one is testing the government initially saying that they were including the numbers of tests sent out in the testing capacity in their daily figures and later having to change to the number of tests that they actually conducted and also care home figures only see in the initial stages of the coated crisis the government's death toll figures included only those who were killed or who died after testing positive for cutting 100 in hospitals later on having to include the figures of people who died perhaps at home or in care homes so again there will be those who will say that even on the conservative party benches many of them tweeted in support of mr rash that's a perhaps these types of utahns will become more and more common as more pressure comes to that is how to thank you very much in a. welfare campaign and i think i can stand welcome the government's changes said
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it still wouldn't help all of the children living in poverty. if you look at it marcus is scored the perfect tap tricky start off by sharing a very personal story which huge respect to him he then moved on to help raise a lot of money and then the final one the final goal as far as the celebration is that is managed to get this over the line and for the governments it's a changed that decision on those has i like the football analogy that in the meantime though how does does the actual scheme the voucher scheme does it literally keep families about the breadline. bond i think that they will offer a lifeline and the fundus been described as covert so my food phone and so we have to make sure that those phones go to where exactly where they need to be they will offer family support and sends a virus to phones during the holidays and what worries me is that this is supporting 1300000 children 6 or 6 tellers that there are 4200000 children living
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in poverty so there is potentially a shortfall and it gap and the legacy of the crisis that we're yet just see potentially will mean that many more children families are exposed to food insecurity and we need to make sure that the ments and consignors and those families get the support both longer term we want to create more sustainable change want to work with families to educate and empower them live food security lives so i would say that this is very much the beginning of something that we can hope will build for the momentum in further improve outcomes for children young people and that families. well meanwhile the u.k. government has also confirmed that are in view of the coronavirus to meet a social distancing will is to be completed in the coming weeks since the beginning of the outbreak the government has advised the public to keep a to me to social distance between people to prevent the spread of coronavirus but
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critics now claim it's impossible to maintain following the outline of non-essential shops at next month's planned opening of pubs and restaurants of other countries including france and singapore have followed a one meter distancing will in parliament on monday health minister edward august said the review will follow the signs. the reality of this is that there is not a fixed science about this there continues to be a scientific debate about what is the most effective distance and the report of the reasons for example that we have the 2 metre distance in place at present is because the scientific evidence through sage is that for example a reduction of distance from 2 meter to one meter would carry somewhere between $8.00 to $10.00 fold increased risk of transmission that is why we have the guidance in place that we do but we are very clear that this review will give us the basis to make considered decisions on the most appropriate way forward in striking the balance between public health and economic impact well this comes
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during a study funded by the world health organization which looked into the science behind social distancing regulations it found that under the 2 me to rule the average person has a 1.3 percent chance of catching the virus but if this rule is half to one meter the chance of catching the virus only marginally increases by just over one percent it means that under a one metre rule fewer than 3 in 100 people would catch covert 19. however some scientists have hit out at the study claiming it ignores certain key factors professor ben counting from the university of hong kong is one of them and joined me earlier he thinks the w.h.o. may be missing the point. physical distancing is really important but have to recognize the idea the reason for doing it is to avoid crowding let's not have too many people who are together in a small space in a confined space because that is when transition can occur what we've seen some
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pictures of people queuing up to go shopping some people have been killed with the distances between them others of being sort of crowded on top of one another will these kind of instances make a difference. yeah i mean if it's outdoors i don't think it's a big issue if it's indoor and there's a lot of people close together for a prolonged period of time i think that's when the risk is going to get a little bit higher and that's what we need to watch out for and also we've seen people protesting as well and other people saying that this will make a difference you're saying the outdoors then it perhaps won't. outdoor certainly the risk is lower i think again if people are really crowded together staying together for a long time that could be in a protest where there's a lot of people really bunched up that could be a risk in the park with a lot of space between people i really think the limited very very very low risk when it seems likely that they'll be a political decision on this but to reduce the distances effectively based on economic considerations isn't it. yeah i mean all the time when we're thinking about what public health measures to tell you we also need to bear in mind the economics and social impact of the measures that we're thinking about and those are
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also important also that this consideration comes comes into play if we're talking about schools as well it's a big debate so is it possible then based on the fact that we can narrow those distances that we can effectively see more pupils going back to school. yeah i think that's one of the consequences of reducing the spacing requirements in schools it's going to be really difficult to maintain physical distancing though i think it's really good news for us that code 19 does not spread as well in children as many other risk factors like there's also the fact that you're going to be opening up pubs and restaurants particularly and also as we know where alcohol is involved it's also a question of how do you enforce those things isn't it. it's going to be difficult i think now is really could that if the summer so people can spend more time outdoors i think outdoors is a really good place to be. if there's covert around. still to come this hour. compulsory face coverings in public places as well as test and trace could prevent
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thousands of coronavirus deaths in the u.k. the research reveals we hear from the scientists behind the study. and a heritage charity launches a review of london statues of memorials following weeks of protests we hear from a well point for the removal of a statue of another colonialist. when i was told seemed wrong. just don't. let me. get to see power these days after. and in detroit equals betrayal.
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when so many find themselves worlds apart we choose to look for common ground. you cannot be both with me yeah you like. the world is driven by dreamers shaped by one person or those words.
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or dares thinks. we dare to ask. welcome back for such claims mandatory face coverings in public places and effective test and tracing could prevent signs of coronavirus deaths in the u.k. . the study conducted by a number of universities including university college london suggests the measures could save over 50000 lives over 2 years and estimates the strategy could cost the economy approximately 8000000000 pounds and it could save 700000000000 pounds worth of g.d.p. over the next 2 years well currently face coverings are only mandatory in england
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on public transport and hospitals while the government's testing trace system has been inundated with problems including figures which showed a 3rd of those who tested positive didn't pass on details of their recent contacts . want to discuss this on now joined by the scientists behind a study that talked to 10 culbut tim thank you very much indeed for joining us this report makes some pretty bold claims over 50000 lives saved the mosque and contact tracing thanks very much for having me so i wouldn't say such a bold claim we're assuming that cope with 19 is still a deadly disease and many people will die if it's left unchecked so we looked at a range of different strategies including face coverings and various different strategies for testing tracing in isolation and we find that those strategies can actually get on top of the epidemic without the need for additional lock downs and if they scaled up quickly and prevent they associated mortality the 50000 figure in
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terms of life saves comes against an old genitive without face coverings or any test tracing nicely at all and it seems that there will then be additional locked down suburban and even more people dying but $50000.00 people still die because the additional lockdowns will not be able to get on top of the epidemic as quickly as the testing tracing in isolation can when also weighed it with us so why do you think the government refused to consider a mosque until recently and i just get it's got started on contact tracing. so there are good questions and they're really questions for the government there was a lot of debate about face coverings initially. when really we should have just go on and use them we can see from a stage income countries who have successfully used them even countries closer to home in europe like czechia have widespread use of face coverings have controlled coded much better than we have in meek a and i think there is a small price to pay really considering the benefits and to be honest i don't know
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why they were debated so long there's now a whole lot of scientific evidence that supports their use well if said 8000000000 password would be able to solve everything that's still quite a hefty price tag isn't it no i think it's very small in comparison as you say said in the introduction we asked to make a good test in tracing an isolation strategy could actually save the economy over 700000000000 pounds in lost a.d.p. over the next 2 years assuming that it's able to get on top of the epidemic and additional lock downs which as we know have been so harmful to the economy and not just the economy society for mental health and all other kinds of issues which we didn't want right but we did quantify the effects and let's also then look at the other half of the equation which is the general public i mean how do you enforce mask wearing and also in terms of testing we know a 3rd of people didn't provide that context and how do you address that as well. so in the face coverings would actually make
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a conservative assumption in our study we assume that only 50 descent of people would be using them in public and that the face coverings are 60 percent effective in reducing transmission. we've seen that there are policies coming in that awful face coverings on public transport in england and so you were just in for some like those policies where you find people for 'd for for not wearing them but again you go about trying to previous answer in face coverings are a small price to pay really for the benefits in terms of preventing thousands of people dying preventing harm to the economy from additional lock down but also to have had some good news today as well about a potential treatment dexamethasone is that the way that we're going then where looking at treatments for people who are already in hospital rather than a vaccine. so that stephanie something that could be very important and we our time horizon for our study is 2 years assuming by the end there will be either highly effective drugs or an effective vaccine that could then take over the world of the
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test race and isolate all the face coverings so i didn't actually get a chance to answer the fate of the question about the tracing system and so there are kit clear gaps i think the biggest actually is on the testing side so it's probably only about a quarter of the people actually have kobe it. being tested at the moment so there is huge gaps in expanding the testing program in the community and then making sure that those who test positive do give their contacts as he said if that i'm missing but again if the need for that is made clear and i hope our study goes some way to do that as well as any other studies and evidence if the need for that is clear 'd and people should understand why they need to do that and should comply with it again it's a small price to pay privacy concerns that concern small price to pay considering tens of thousands before as lives are on the line and the economy is on the line as
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well if we have to lock down again because we can't go on top of the epidemic to 10 carbon thank you very much indeed for your thought. thank you very much. well meanwhile a separate report has revealed that corona virus antibodies could remain in the blood for at least 2 months and possibly longer however between 2 and 8.5 percent of all patients with corona virus did not develop any on to bodies well he also of the research professor sanjeev krishna told r t u k that antibodies protect against the infection but further research is needed. i think we're at a stage now where the evidence is slowly building up that antibodies are helpful in protecting against disease now the real test of course will be if you have people who already have antibodies and then they get a chance of becoming infected again and they resist the infection now we're not at
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this stage where we can assess that so we have other rigs bits of evidence for example you can take counting bodies from one person who's recovered with them into someone who has got the interaction and see if that helps and these sorts of experiments this sort of clinical work is going on and it is all suggesting and supporting the idea that the bodies when you develop them are useful and protects against infection but we don't have the final story on the year where professor krishna also said people with severe inflammation are more likely to develop antibodies what we managed to work out is that people who have less interest inflammation when they have the infection. are less likely to develop antibodies so in other words the more inflammation you have. the more likely you are to develop antibodies and more inflammation is
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usually associated with being older and also having some of the other. risks that we know now we see with more severe disease associated with the so for example you have i got pressure or you are overweight and so one of these risk factors for severe disease are more likely to give you. the bodies when you get the infection. has been revealed over 1000 prisoners were released to sleep on the streets of england and wales as corona virus was hitting its peak figures show that between march when the lockdown began and the end of april 1014 prisoners were released from prison on to the streets among them were 840 men 89 women and 85 young
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adults aged between 18 and 24 and i breath 1000 more prisoners were released into unknown living situations cheering the same period the data was disclosed to labor m.p. lyn brown following a parliamentary question while the shadow prisons minister has expressed her concern about the harmful effects of the government's actions on both prisoners and the public. homelessness the prison leavers prevents rehabilitation re-offending and is an obvious purpose 2nd child in the public are protected the government must guarantee all prison leavers are provided with the right support to break the cycle of re-offense not just during this crisis but permanently or during the same period here k. coronavirus cases reached the peak of the outbreak rising from approximately 11226000 responding to her opposition counterpart the prisons minister says the government is seeking to provide accommodation to all release prisoners for a limited time frame. because of public health concerns and public protection
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considerations there is a need to provide accommodation for a larger cohort of prison leavers the minister of justice has secured appropriate funding for a time limited period to support the provision of accommodation for all individuals released from prison at risk of homelessness. historic buildings charity english heritage is set to conduct a london wide review into diversity in public spaces including statues and blue memorials what sways what they consider problematic connections will have more detail descriptions of the figures they honor good and bad that comes after black lives not of protesters tore down a statue of slave trade edward causton 1st or robert milligan's was removed in london with many more targeted english heritage said it wanted to ensure the both sides of controversial figures are represented. we need to ensure that the actions and legacies of those commemorated are told in full statues can offend but we
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cannot support deliberate damage to historic monuments we believe that the best course of action is to avoid as much information as possible about these monuments their history and the context in which they were directed and encourage debate and reflection on the sometimes painful issues they raise when meanwhile a welsh bishop has requested that the statue of explorer henry morton stanley is removed from denby towns and in wales he spoke to r t u k about why the colonialist is such a controversial figure. people who are supporters memory love the story of his exploring his most famous event roles when he met and found the great missionary dr david livingstone and there was that great meeting near the victoria falls where stan lee's head our dr livingstone i presume the difficulty was that like many colonus at the time he really abused his power and subjected the
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africans to quite a bad level of mistreatment his legacy is controversial there are those that say he was ahead of his time but he was implicated in these subjugation of the congo by king leopold the 2nd of the belgians well some take issue with the statues removal claiming it's rewriting history where demonstrators showing up to put to protest to protect such monuments but reverend cameron said that although figures like stanley have gotten bad they don't align with 21st century values and should be consigned to history. he was absolutely a product of his time and most historical figures are a mixture of good and bad the values of the trend to 1st century a very different to the values of the 19th fundamentally the message of black lives
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maps are is one that which we have to take stock in the present context now you wouldn't have thousands of people out on the streets in unless they felt that there was an injustice here and some balls of a colonial past of an imperial history perhaps not the sort of thing that we should be celebrating. i'll be about with more news at the top of the out and see if it gets that. i've.
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nuclear become a battleground in the u.s. in vermont people have demanding the shut down of a local plant for my yankee is right now my focus because it's a very dangerous prayer power plant the owner is attempting to run the reactor beyond its operational limits this case just sort of puts a magnifying glass on where's the power in this country where's it going is it moving more towards corporate interests or is it more in the idea of a traditional for just a very democracies or power line with the people this case demonstrates that struggle in the very real way. the struggle. to what we've got to do is identify the threats that we have it's crazy for
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indication let it be an arms race off and spearing dramatic development only mostly i'm going to resist i don't see how that strategy will be successful very critical time time to sit down and talk. greetings and sell you taishan. police are losing funding stone relics of racism are toppling and voices from every region of the planet have cried out in unison the black lives matter but that my friends still still has not been enough to keep us law enforcement agents from pulling the trigger on black and brown folks across this country late into the heat of the early some.

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