welcome back to the fort i'm max keyser time now to turn to alistair macleod of gold money dot com and as always i should mention that i am an investor in gold money al so welcome back to the program max already let's talk about some important things here the u.s. dollar has absolutely soared over the past 2 weeks some major economy currencies like the british pound or the australian dollar are down double digits against the dollar what's going on alistair well the instinct i think is just is to rush towards the dollar in times of trouble. that if you like is the up to the full the full the full will be when the foreign as who already we've said this before on your show around about $25.00 trillion dollars the problem is that they lack a quiddity they've got the dollars they need to raise the liquidity out of their existing dollars which they will do by selling us. assets in the full 'd mo portfolio investments and u.s. treasuries and so on so full so there will be off to this a liquidation wave of the dollar right let's talk about oil and how that relates to the some have suggested th

darling, his successoi’, and alistair darling, his successor, in 2008 to deal with the financial meltdownch as infrastructure, not just the huge, much as infrastructure, notjust the national health service, we are dealing with the coronavirus and softening the coronavirus and softening the much trumpeted stance on the much trumpeted stance on the deficit, because conservative governments are supposed to be very strong, not just on law and order but on spending. you know, remember margaret thatcher in her famous handbag? that is what she was all about. don't spend what you don't have. to be fair, i remember when gordon brown was chancellor, for many years... prudence! it was all about prudence. he had tight control of the budget. and then of course we have been through a period of austerity. ten years. exactly, decade of austerity. this will be a massive leap. it is going to be a massive leap, but i think it is a recognition from the chancellor and the prime minister that a lot of people in the north of england feel they have been left behind. they voted for brexit and they lent their most

welcome back to the fort i'm max keyser time now to turn to alistair macleod of gold money dot com and as always i should mention that i am an investor in gold money al so welcome back to the program max already let's talk about some important things here the u.s. dollar has absolutely soared over the past 2 weeks some major economy currencies like the british pound or the australian dollar are down double digits against the dollar what's going on alister well the instinct i think is just is to rush towards the dollar in times of trouble. that if you like is the up to the full the full the full will be when the foreign as who already we've said this before on your show around about $25.00 trillion dollars the problem is that they lack a quiddity they've got the dollars they need to raise the liquidity out of their existing dollars which they will do by selling u.s. . assets in the full 'd mo portfolio investments and u.s. treasuries and so on so full so there will be off to this a liquidation wave of the dollar right let's talk about oil and how that relates to the some have suggested

the party including i mean care started a leading figure once tony blair's head of war propaganda alistair campbell back in the labor party is this opposition party does it understand what you've been saying well i think there are 2 things one has to see about a party what is the insurrection on little girl insurrection of the young country and we call bill interim our power as fracture. in my opinion and momentum became exclusively true and machine if not exclusively 80 percent of it through are low there mick in addition to that also doing a lot of political campaigning political education etc so that the strength of traditional live gruesome which is that the only thing we do is win the election is now back in falls the left was given no chance the left was defeated not even going to ask. searching for why the left was defeated refusing to accept their need was because labor joined him all the parliamentary moorings to prevent a referendum from being implemented to care starmer let me just say obviously associated according to the un with the persecution of julian a son from whom and be

understand the decision i'll just share this one from a british double double olympic triathlon champion alistair brownlee just basically said evidently a hard decision very tough for the i.o.c. the stakeholders and others but in my opinion the right one and i think everyone is pretty much in full agreement one thing they did not discuss who will pay for the cost of delaying the olympics and that's going to be a huge question mark and you know we have time remains to be seen who will fit foot that bill but you're talking about billions it's to risk all right chris harrington from davies for thank you very much ok. now in spain the government is expected to extend the state of emergency by 2 weeks the number of new corona virus cases jumped by some 6600 overnight with more than 500 reported to have died pictures taken at a hospital in madrid show patients lying on attended in a hallway the spanish capital has been particularly affected with nearly 10000 cases an ice rink inside a shopping mall in the dritte has been turned into a makeshift morgue and soldiers helping to fight the virus have made s

understand the decision i'll just share this one from a british double double olympic triathlon champion alistair brownlee just basically said evidently a hard decision very tough for the i.o.c. the stakeholders and others but in my opinion the right one and i think everyone is pretty much in full agreement one thing they did not discuss who will pay for the cost of the lane the olympics and that's going to be a huge question mark and you know we have time remains to be seen who will fit foot that bill but you're talking about billions it's to risk here all right chris harrington from davies for thank you very much ok for. all right here are some of the latest developments in the corona virus pandemic indian prime minister narendra modi has announced a nationwide lockdown beginning at midnight some 1300000000 people will be barred from leaving their homes for 21 days here in germany 95 percent of people say they support the government's ban on gatherings of more than 2 people that's according to a new poll meanwhile some 6000000 protective masks that were destined for germany have gone missing at

alistair darling set aside 500...n who was chancellor at the time of the financial crisis. he set aside £500 billion to bailout the banks. the us treasury secretary set aside $750 billion to bailout the us banks. you're saying that they should pay more? i'm delighted the chancellor today set aside £30 billion and what he's advocating for in the uk is very sensible, but compared to the response in the financial crisis, this is tiny. so, what, you're talking about finding money of that order? hundreds of billions? yes, if needed. we should have the ammunition that's going to be required. but, i mean, i put it to you that containment and mitigation measures have been undertaken, and they're having some success. dr tedros at the who has raised china for its containment, so they've now got fewer cases. south korea has seen a decline in cases. singapore also. and you know, he has said, doctor tedros ghebreyesus, the bottom—line is we are at the mercy of the virus, so things are working without these vast injections of funds

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alistair has this question, i'm a resident in a sheltered housing complex and to date, have heard no first. wright, the whole point of the current measures is to trying to break the chain of transmission because you can think of this as a bit like a relay race in the now cancelled 0lympics, of this as a bit like a relay race in the now cancelled olympics, the bat on that the runners are trying to pass on is the virus and we are trying to discourage the buyers passing from one to the next, in other words, drop the pattern. if you live in close proximity to someone else there is a chance they could pass the infection to use of this is all about trying to break the chain. if you are in sheltered housing it will depend on who you are living next to, who is visiting you, providing care to you and so on. so it's all about keeping you away from the people who could infect you. so it will depend on who is looking after you. i would be interested to hear a bit more about who is in charge of the housing and who is in charge of the housing and who is in charge of the housing and who is dealing

thanks very much indeed, alistair campbell there.th you, in simple terms, from pauline via e—mail, in simple terms what does self isolation actually mean? it basically means staying away from other people, and that is particularly the high risk groups, over 70s with underlying health conditions. staying in your house, not giving out unless you have to, looking at ways that you can not come into contact with people and particularly to be within two metres when you do go out. for instance, can you order your groceries online? rather than going out to the supermarket to get them. if the delivery van comes, can you ask the delivery van comes, can you ask the delivery driver to leave them outside the door and you go out to collect them rather than him bringing them into the house for you? and bringing them into the house for you ? and looking bringing them into the house for you? and looking also at what you actually have to do, and is it an essential journey? if actually have to do, and is it an essentialjourney? if you normally do your

our reporter alistair durden has spent the day at the festival and explained why organisers are goings, extra washbasins, that sort of thing and clearly the advice to any ticket holders who think they might have any of the symptoms of coronavirus is to stay away from the festival. now, the attendance figure today is actually down 7000 on the first day crowd a year ago, so despite all those assurances, many people are deciding to stay away, but tonight, the jockey club deciding to stay away, but tonight, thejockey club insisted they were right to go ahead with this event. obviously, it has been a very quiet two weeks in terms of ticket sales over the last fortnight, with everything we've been hearing about, soiam everything we've been hearing about, so i am absently delighted that we got over 6000 people here and we have had a really great day's racing. are you confident the 60,000 people are safe here? we have to just follow what the government advice is and, as you know, we have liaised with them regularly over the last few days. they have recommended it should be business as usual i

he was economic adviser to the then—chancellor alistair darling during the 2008 financial crash.gey in north london. good morning. thanks forjoining us. what would you like to hear from the chancellor? what we need to see is a recognition that we have now certainly move from just a medical crisis into our economic crisis and its important to understand as a lwa ys its important to understand as always when we go into economic crises the exact nature of the one we face and in this case it is one thatis we face and in this case it is one that is going to be particularly felt ha rd est by lower that is going to be particularly felt hardest by lower earners, low income families because they are the ones that work in the sectors hit most by the social distancing measures we are putting in place. for good reasons, to tackle the medical emergency, but they are having very fast and that economic effects. secondly, the nature of this challenge is that we cannot say too firms and to families, when it will end and that is particularly dangerous because it means firms, fa don't know what the

regards on their own it would be an enormous day, but now, i'm thinking of the moment when we saw alistairf the crash? nobody quite knew what was in there, and there is a sense that everybody hopes the impact of coronavirus will be temporary but there is this great sense of uncertainty and just in terms of the spreadsheets produced by the office for budget responsibility, they are all com pletely responsibility, they are all completely utterly out of date and it's a reminder of how the political landscape might be changed by this for a long, long time, and as you say, a brand—new chancellor, well rated, background in finance, worked his way up, but what a step up. my goodness. well with these words probably ringing in his ears, there is no pressure on him whatsoever. let's go over to college green and vicki young. as you are saying, a chancellor that we did not expect to be dealing with a public health crisis, we didn't expect him having to come up with solutions and in the longer term he cannot let go of that because he has some very ambitious plans and we can discuss this more as we are

a moment on the fence with rita ora and alistair campbell sitting beside each other.eriously, oddly enough, it depends on the quality of the idea. if you come up with something that people think will be fun, so, we had claudia winkleman took of a fringe and revealed that. the moment you ring herup, she and revealed that. the moment you ring her up, she says yes. but if you say, will you do something you have done 12 times before, she will say no. that is the thing about public fundraising, we have had shots of all these kids doing the ajay code to start up the country. it isa ajay code to start up the country. it is a fun thing to do. —— aj curtis. ruth, what about how this will benefit, because we talk a lot about the uk, but you still have local projects you are involved in. absolutely, half the money is spent here, half abroad. absolutely, half the money is spent here, halfabroad. it absolutely, half the money is spent here, half abroad. it is uncertain how things will evolve outside of the uk. we know europe is the epicentre. it is great we have these funds and we