tv The Briefing BBC News September 6, 2018 5:45am-6:00am BST
—— the times. prime minister theresa may vows revenge on russia, after britain identifies key suspects in the poisoning of russian spy sergei skirpal and his daughter yulia. so, one of the big stories in the financial times now and the emerging market sell—off sparked by turkey and argentina's currency crisis. and over to the japan times and the latest on their website shows this picture of a street hit by a powerful earthquake that struck southern hokkaido early thursday morning. the front page of the guardian in the uk now and the head of nhs england criticising betting firms that sponsor premier league football clubs — saying they should do more to help britain's gamblers. the new york times runs the astonishing tale of thousands of enormous seagulls. they've landed in rome and are invading residents‘ homes and have even eaten the vatican's peace doves! shocking scenes. that "it —— let us
begin. with me is oliver cornock, editor—in—chief, of the oxford business group. lets start with this story, the story leading a lot of papers in the uk about theresa may vowing revenge on russia and the big picture of the two key suspects. we're more used to television plots along lines than real headlines. but is this the new diplomacy? these political dogfights on the front page of the newspapers? certainly no peace dogs here. it is a shocking story and reads a little like a spy thriller although when you read the times today, talking about how this is executed, he —— it does seem kind of cartoonish. a sovereign state, however, has had people poisoned on its territory. and theresa may an ounce this to
shockin and theresa may an ounce this to shock in the house yesterday that security forces have identified the suppose it offenders and will seek recourse. she says they will do that through cyber war. this strikes me cranking up of the rhetoric. and she will be going to the un to talk about this. the us have already increased sanctions. the europeans have as well. it is an interesting cranking up. what we do not get here, going back to the peace dubs and looking at this long—term, there is no sign of deescalation which worries me. you mention it they are. the cyber war ordered against moscow and the military network. are those measures and how would they affect the network? is that cutting finances? scrambling communication? how does this really affect moscow? it is difficult to gauge because the measures that spies and espionage go through his cloak and dagger so we
cannot tell. that cyber warfare is very much part of what is going on and is the future. it needs to be pa rt and is the future. it needs to be part of the solution or part of the tools of battle that we now deploy in the uk against this. an enormous amount of dodgy money coming out of russia, certainly, the russian oligarchs, the broader economy is quite great and that is something that inner—city london have tackled so definitely finance as well. whatever happened to the concept of innocent until proven guilty? they are suspects, key ones, admittedly, but moscow state that they are accusing britain of manipulation, the names and photos published in the names and photos published in the media mean nothing to the foreign ministry spokeswoman. they would say that. but it is a shocking story. good news for theresa may as well. our slightly embattled british prime minister. it does put her on the front page in a different light
the front page in a different light the financial times and what is happening in emerging markets. we have had different things. turkey and argentina and their various currency crisis is. but there is a generalised sell—off happening now and we have emerging market index down over 20% from its high in january. what is happening? might the money is being pulled out regardless of money was originally. in argentina and in turkey you could argue that the decline in the economy there was from domestic reasons. this is a systemic and less idiosyncratic problem. this is something a bit more sound. investors are withdrawing from emerging markets. indonesia, south africa, saudi arabia, those markets are down significantly. it is on the back of the us economy doing better. what you must realise is that these emergent sing —— emerging markets
have borrowed a lot of money in the post financial crisis and have a lwa ys post financial crisis and have always borrowed dollars. and the dollar has strengthened. interest rates have risen and their borrowing costs have increased. energy cost and oil price has increased. unless you are an oil exporter like saudi arabia, that will be bad news because one of your vital imports has gone up. certainly and finally, pa rt has gone up. certainly and finally, part of the perfect storm, is the trade tensions. we have heard of the impact that having and it impacts emergent sing —— emerging markets. particularly in asia. china is very much the engine of growth in asia so this is a perfect storm and contagion is they it. that will send shock waves around the world. many of these emerging markets are sentiment driven they are not sophisticated. there will be here.
and both at institutional and domestic levels, standard of living is going down the cost is going up and people are fearful. this is not good news. laptop briefly on a looming financial crisis and move to a physical crisis going on injapan. people will be looking at this in asia. some striking comments from shin so are they saying that saving lives has become government policy injapan. it is interesting. not that long ago since the huge earthquake that caused such damage and high levels of death. if you live, if you build a sophisticated first world nation on somewhere that isa first world nation on somewhere that is a hotspot for these earthquakes and tsunamis it must be government policy. it is a miracle that nobody has died. the nuclear plant was shut
down. it was cooling, all safe. in many senses, this was a good news story from a disaster. this is interesting. the front page of the guardian. 430,000 gamblers, problem gamblers in the uk and the boss of the nhs is fed up with picking up the nhs is fed up with picking up the pieces. he won some of these betting companies, sponsors of footballing tournaments to contribute to a fund to help treat addicts. what do you make of this? an interesting idea because there is a moral hazard element of what is going on. there have always been problem gambling like problem smoking. the advertising that goes around these high—value big—ticket brands is huge. half of the premier league is sponsored by gambling companies. gambling is a big problem but so is smoking and formula i was
sponsored by tobacco companies for a long time and we tackled that. this is the beginning. it could be forwardthinking. i suspect the gambling community will have some strong thoughts on that but the simple fact is that the nhs is strapped for cash in the uk and this isa strapped for cash in the uk and this is a lifestyle choice and perhaps there is an argument for that. that it is quite 50—50 for me. there is an argument for that. that it is quite 50-50 for me. speaking of 50-50 it is quite 50-50 for me. speaking of 50—50 you think we have reached that tipping point between the relationship between sports and gambling? the sport always has to be sponsored by someone but, as you say, it is extraordinary the numbers of footballing tournaments and clubs that are sponsored by betting firms. it is feeding their own business. the statutory levy is £10 million. not a huge amount of money from a huge industry in the uk. for me it is small fry and it will be a very useful and interesting total. briefly, if we may, this story from
the new york times about seagulls becoming increasingly a pest in rome. what would you do? there are no plans to cull them at the moment. what would you do with problematic seagulls? if they start eating the peace dollars in the vatican as has happened... it is an interesting story. they are far away from the sea but the seagulls have evolved to survive in the city of rome, which was always was represented by twin wolves but now perhaps by seagulls. stay with us here on bbc news. so much more to come. hello there. we're ending this week on something a lot more unsettled than how we started it, that's because we're replacing high pressure with an area of low pressure. at the moment, we're still in between systems.
there is a developing area of low pressure out across the north sea. but we've got high pressure dominating, i think, for much of thursday morning, a couple of weather fronts around too. now, they're going to bring outbreaks of rain to the northern isles, this weather front trailing down into northern england, north—west england, parts of north wales. barely anything on it, just a line of cloud and the odd spot of rain. we could see further showers returning to western scotland, too, first thing this morning. and where you have the cloud, then temperatures generally starting in double figures, otherwise under clear skies, single—figure values, so on the chilly side. in fact, today will be feeling cooler right the border, especially across the north. and we're starting the morning off with a good deal of sunshine around, in fact, too. showers will start to get going, though, across scotland, then we'll see another feature, another weather front moving out of ireland, across the irish sea into wales and the midlands and south—west england, as we head on into the afternoon. so conditions go downhill for many central and southern parts of england and wales. could see still a little bit of sunshine across the far south—east, where we could make 20 or 21 degrees. further north, a lot more cloud, outbreaks of rain, temperatures around the high—to—high teens celsius. but it's going to feel cooler than that further north.
for the far north of england, northern ireland, scotland, sunny spells and scattered showers, and some of them could be heavy, maybe even thundery across scotland. now, as we head on in towards friday, we start to see this area of low pressure i was talking about develop. now, most of the very heavy rain will stay offshore, we think, but as we head through friday, looks like it could be quite wet across parts of scotland and north—east england. now, some of this rain could be quite heavy for time through friday morning across eastern scotland, north—east england, with another spell of rain pushing into northern scotland. but, further south and west that you are, it should be generally drier and brighter. but with the north, north—west winds, it's going to feel on the cool side across the board, temperatures ranging from 15—19 degrees. and those winds quite a feature, i think, across the eastern side of the country. that area of low pressure continues to spin around, moving a little bit further eastwards into the north sea. we see another feature run
into wales and the south—west of england as we head on into saturday. a bit of uncertainty to this, but this is the feature i'm talking about. could bring some wet weather to parts of england and wales through the day. meanwhile, low pressure to the north of the country continues to bring showers to much of scotland. so i think saturday, you see that rain spreading its way eastwards, and then into sunday, probably the better day, the drier and the slightly brighter day. good morning. welcome to breakfast, with naga munchetty and jon kay. 0ur headlines today: the men accused of the salisbury novichok attack. the uk aims to turn up the heat on russia at the un security council. the pair are believed to be members of russia's military intelligence. we will be live in moscow with reaction. a truce in the scallop wars, but some british fishermen say it is a victory for the french. a new energy price cap will be announced in the next hour. it is hoped it will cut the bills of millions of customers who don't shop around. the world's largest offshore windfarm officially opens today. it covers an area bigger than the island ofjersey,