Skip to main content

tv   The Briefing  BBC News  March 12, 2019 5:45am-6:01am GMT

5:45 am
good morning. welcome to breakfast, with dan walker in westminster, where the scene is set for a day of high drama over brexit. the so—called basket of goods used the prime minister makes a late—night dash to strasbourg to measure inflation. it is changing and announces she has secured the legally binding changes radically. we will talk more about she wanted to her deal with the eu. that. and the new york times highlights the ethical dilemma of what should be done with art produced by history's most evil leaders. mps were clear that legal changes the likes of hitler for example. we we re mps were clear that legal changes were needed to the backstop. today, we have secured have regular. with me is cornelia meyer, legal changes. ceo of mrl corporation. now is the time to come together, to back this improved brexit deal. but is it enough for mps good morning. lovely to see you. to back her in today's crucial vote? let's start with the front page of with news of last night's developments still sinking in here, the times. every paper has got it. we will be asking it was happening late last night. what could happen next the reason may emitjohn claude ewan in other news this morning: manchester city sets aside millions cut and the two of them held this press c0 nfe re nce . cut and the two of them held this press conference. it is enough for her to get her withdrawal deal through parliament tonight i am not sure it is enough. she has an alteration to the political
5:46 am
declaration and it is a unilateral statement. that is very technical. eventually she said, what she added is thejoint into eventually she said, what she added is the joint into a deep instrument is the joint into a deep instrument is basically part or has the same value as a withdrawal agreement, so it is legally binding, and they say if the situation gets frustrated, they can go into arbitration on the backstop, and they will work to have it ending at least in december 2020. so the question now is, what does the solicitor general, what does he say? last time, one of the things that lead to the crushing defeat, he said he really didn't think there was anything legally binding to put a stop to the backstop. that's right. geoffrey cox was grilled in
5:47 am
parliament, he is the attorney general, the government's top and lawyer who looks at the legal side of the deal and what it means for the uk in terms of our commitment going forward. he will be presenting to parliament today his opinion on what the changes are that have been brokered in the last 2a hours. what the changes are that have been brokered in the last 24 hours. and what i find very interesting is yesterday i watched newsnight last night and we had the head of the european group saying he wanted to hear what geoffrey cox had to say, and also, he really wasn't going to be informed by what the gp —— the dgp who prop up the government say. a lot will depend on how they sway. whether it is enough, i'm not sure. i don't think it is enough because she was defeated at 230 votes, so she was defeated at 230 votes, so she would need to sway 116 members
5:48 am
of parliament to vote for the deal this time. this article in the times talks about geoffrey cox and the fa ct talks about geoffrey cox and the fact he had to admit in parliament before that the backstop could endure indefinitely, and that seems to be the key issue, which moves us on neatly to the irish times and it looks that there are headline. legally binding changes to the northern —— northern irish backstop. the dgp has not said yet what it thinks about these changes. they said they would study it —— dup. they said beforehand, we cannot vote for this deal but she has presented. they are all about the unionists, they want to be part of the united kingdom and the backstop would mean that northern ireland stays in a customs union, whereas the rest of
5:49 am
the uk leaves, that would mean a ha rd the uk leaves, that would mean a hard border in the irish sea, so thatis hard border in the irish sea, so that is why the dup is exercised about it. indeed. the problem with the irish backstop is there seems to be no end to that scenario, and that is what people have been calling for. some politicians say we need to have a date when we do in this. c, some of it is a little bit, let a secret comes after parliament. what i felt very interesting is watching the press conference was the body language ofjean—claude juncker. he just had enough. there is no third time lucky as well. but then they said that last time. they said that before the january vote, this is it. no more movement in brussels. but the body language this time, this is a top diplomat, these people have big countenance. it was quite
5:50 am
something. the body language. he was very prickly. the big story dominating this week, that terrible tragic awful crashjust dominating this week, that terrible tragic awful crash just close to addis ababa on sunday, and the indications are that all of this we are hearing in singapore, the aviation authority making their call there. the gulf news is looking at there. the gulf news is looking at the fact that this could really have a big impact on the aviation industry, and yet the us authorities are saying, no, we have looked at these planes and they are airworthy. they are suggesting some modifications in the software, which boeing has already worked on and is putting in. boeing also says they may be doing something on the hardware. but it is especially for boeing, because if you look at boeing, because if you look at boeing shares, came down 13% and in the end they came up. the biggest
5:51 am
component on the dowjones index. absolutely. when you look at the share pricejust after absolutely. when you look at the share price just after 911, absolutely. when you look at the share pricejust after 911, it absolutely. when you look at the share price just after 911, it was 422 dollars 54. yesterday was $374. after a big rallies of shares. these things are very bad for companies. let's have a look now at the business pages of the daily telegraph. this is right up your alley because you work so extensively in the middle east, you used to work at bp, you know that we'll industry extremely well, you worked with 0pec as well. saudi arabia as well‘s top wheel exporter. —— top wheel exporter. saudi arabia has done all it can do stop this from happening. i would say what happened is two things. saudi arabia
5:52 am
has overtaken russia, the us have overta ken has overtaken russia, the us have overtaken russia as that biggest producer, and december last year they started to export some. 0bviously they started to export some. obviously if shale grows, as they say, shale is the gift that never stops giving. they have just after the reserves and they think... but it is expensive, isn't it? it works for them because they have really put the cost down. you can now produce a barrel with $30 in some places, even with $20, so it really come down. the oil price is now unlikely in the 60s. so is saudi arabia concerned about this? they are concerned, but the thing that is not mentioned here is that crude does not equal crude. refiners need heavy crude, like venezuela and
5:53 am
iran. this is very light crude, and refineries can only accommodate that much of the light sweet stuff. so we are taking all the heady stuff out, so are taking all the heady stuff out, so this is a problem for refiners. let's look at the financial times, looking at the basket of goods in the uk that is used to measure how prices are going up or down in terms of stuff that we all buy on a regular basis. this basket has been at dated to bring it into line with what we are buying and selling these days. the envelope has gone, the 3—piece suite on and that is something of a jolt, apparently the hi-fi something of a jolt, apparently the hi—fi has gone. we have smart speakers, baking trays, shop bought popcorn. and electric toothbrushes. it shows the power of television, it makes everybody by baking trays to bake things that are bad for your teeth and then you need the electric
5:54 am
toothbrush, which is good for your teeth. you are an economist. when it comes to measuring price inflation, other useful? think it is useful. you need to gradually update what people consume. if we went with a basket of goods as it was in 1850, this wouldn't be relevant. you do need to gradually and every year update, and we are becoming more technological savvy. smart speakers. smart speakers are in, i don't have one of those, the hi—fi it out. smart speakers are in, i don't have one of those, the hi-fi it out. it makes sense. the 3—piece suite, acting of the past. thank you for being with us here on the briefing. thank you for your contributions today. i will see you soon. hello there. although it was quite windy
5:55 am
out there on monday, it was probably the quietest day of this week. through the next few days, the rest of the week, we're going to see some outbreaks of rain, which will be heavy at times, and accompanied by some very windy conditions. in fact, we've got a storm on the way. the latest storm is being named storm gareth, and it's around that curl of cloud there, already pushing ahead this thickening cloud to bring some outbreaks of rain, and on and ahead of those weather fronts, we've got some strong and gusty winds, as well. but it's really as the storm, the low centre, approaches later on on tuesday and into tuesday night that the winds really start to pick up. so this is what we look like early on in the morning. those are the sort of temperatures — pretty mild out there. that's not the main story, mind you. you can see we've got that band of rain around from that cloud, and these are the sort of gusts we're looking at early in the day, so gales, i think, in many places. and it could be particularly squally, briefly, in that rain band, as it sweeps its way across northern england, wales and the south—west of england in the morning,
5:56 am
into the south—east of england through the afternoon. we may well find some sunshine and showers following on, and the winds easing just a little. but then they really start to get noisy again around that swirl of rain, around our storm that approaches the north—west later on in the day. and we're drawing down some chillier air as the day goes on, so temperatures will be dropping a bit. the winds, though, really picking up through the afternoon, into the evening and overnight in northern ireland, western parts of scotland. 70, maybe 80mph around some coasts, and we've got that rain around, too — that'll push its way into england and wales. 50—60mph gusts quite widely. very slowly, the winds easing down just a little bit on wednesday, but still a very windy day, and there'll be some sunshine and some showers, before we get some more persistent rain coming back into northern ireland. those temperatures should be a little bit higher, typically in double figures. now, our storm is heading across the uk and out into the north sea, so the winds are easing down a little bit. but then we've got that next weather system coming in rapidly
5:57 am
from the atlantic. as you can see, overnight it brings rain in many areas, that weather front then sinking its way southwards on thursday. some of the heaviest rain likely to be over the high ground in north—west england. you can see we've got some strong to gale—force winds, and then by friday, sunshine and some showers. the strongest of the winds, though, arriving with storm gareth later on on tuesday. through tuesday night and into wednesday, there's likely to be some travel disruption and some damage. you can keep up to date with the forecast here, and all the details on bbc local radio.
5:58 am
5:59 am
6:00 am

5 Views

info Stream Only

Uploaded by TV Archive on