12/06/2014 The Papers

This is BBC News. In a few moments, we will be looking at the papers.

Here we have Liam Hannegan and our other guest. The Telegraph leads

with Mark Carney's speech earlier this evening where he indicated that

interest rates could rise earlier than expected. Jennifer Lopez also

makes the front page as he kicks off celebrations in Brazil. President

Obama promised to assist in stopping insurgents in Iraq. Jennifer Lopez

also makes the front page of The Metro. The Daily Mail takes issue

with how much time William Hague is spending with celebrities, namely

Angelina Jolie, although she is a UN envoy who is leading a summit on

stopping the use of rape as a crime of war. Let's make a start with what

has happened in Iraq. Baghdad prepares for the worst, extremist

rebels vowed to capture the Iraqi capital. This could provoke

intervention. It just shows how fracture word politics are in Iraq.

They could not even get enough MPs to show up to sign a bill for

emergency measures. The first sentence says it all, Iraq is

breaking up and soon he `` Sunni fundamentalists are capturing the

south. You're saying it is all breaking down into its parts

really, and the Sunni provinces are being fled. The whole thing is being

turned into a mass which we should have been prepared for, it is what

we always said, that it would fall so quickly when we left because we

had not really sorted out what was going to happen after we left. Can

we blame this all on the war from 2003? The British and American

intervention with Mac there has always been a sectarian issue at

play here ``? No, the blame goes back much further than that. Iraq is

an Anglophone construct, about 100 years ago we drew lines on a map in

ancient regions and now we're saying it is surprising that it is breaking

up. Mosul is now controlled by fundamentalists, and the same thing

is happening into `` in Tikrit. It really does show that there was no

plan after the removal of Saddam Hussein and that is why the UN is

saying that this is a humanitarian disaster as half a million people

are now dispossessed. They have had to move out into other cities and

the UN says that the humanitarian situation is already dire and

deteriorating with each day. There are only 60 miles from Baghdad now

`` they are. How much response ability should Nouri al`Maliki take?

He is Shia and these are Sunni insurgents. $:ENDFEED.

They have been dealt an immediate difficult hand. Also what I would

say is, what with the World Cup and everything else going on, very

little attention has been paid to this. Until tomorrow morning, as it

were. This is the morning where the story has burst onto the front page.

It is so close to the capital. Without wishing to be mercantile

about this, one implication about what is happening is that you will

see this inflate oil prices. This could affect that. We will see this

pushing through as a major news story. Let us go to how the Times is

treating this. Sending said we are considering all options,

they were quick to say that does not mean boots on the ground. It means

something other than that. The thing is, everything is up in the air. The

point is that we are now focused on this. We have let this happen. It

has been getting worse. And now it has all blown up. It is now getting

scary. At least something is going to be done, but it will not help all

those people. There is real exhaustion among the British

electorate, the American electorate, for foreign intervention. If America

has to go back in with attitude and force. So soon after withdrawing. It

would be a major embarrassment. Using drones and talking about

humanitarian aid, as our Foreign Secretary has been talking about, is

a halfway house. If the situation does get serious, then drones are

not going to be enough. Our leaders are going to face a stiff decisions

about what to do. The World Cup is under way. It is

all kicking off in Brazil. Police have used stun grenades to disperse

crowds. This is what is happening outside. There is such a theory of

how much it is costing. `` anger. What about money spent on people at

home. The police waded in with batons and tear gas and rubber

bullets. It reminds you that this is life in Brazil. If you get on the

wrong side of the law. The fact that the world's media is watching is

neither here nor there. The Guardian has picked up on that issue as well.

They topped it with a picture of J`Lo. These are the twin faces of

the World Cup. We have got the first game this evening, a lot of glamour.

In many ways, you have got what was previously a very poor country going

from crisis to crisis. It is now strutting its stuff on the world

stage. And yet, reminders that there is still a great deal of police

brutality. It seems like a disproportionate response. The

country is very rich in resources. Let us quickly show you J`Lo. There

she is. She is wearing a lot more than some of the men on the beach.

Wearing some kind of banana slang. That is enough of that. Back to the

Guardian. Go and have a look for it. It is quite startling. Banks gets

new powers to protect mortgages. Interest rates might be going up

sooner than we expected. There is some concern about the heat in the

housing market. These measures have been announced in the Mansion House

speech, trying to call things down. The heat in the housing market

specifically in the south. This bubble is not happening anywhere

else. It is specifically down in the south. These are measures which the

bank gives powers to curb how much you borrow. Does that mean sales

will grind to a halt? You would think. The flats you can now buy in

the prime areas in London specifically, a 1`bedroom flat,

?800,000. It might be a big bedroom, it might have a nice view, but it is

ridiculous. We had the Chancellor's Mansion House speech and Mark

Carney's speech tonight. Mark Carney talked about those new powers. He

also said that interest`rate rises could happen sooner than markets

expect. Markets expect them to raise in the first or second quarter of

2015. He is only saying that because earlier on he said Q1 Q2. She rap

reminded me. I was slapped on live television. It is when the future's

market expects rates to rise. That means this year that will be heaven

for a lot of savers who have had to endure low interest rates. But some

households will worry about rate rises. Moving on to the Daily Mail.

PM goes on there tonight at slip hotspots. But the `` celebrity

hotspots. They do not think David Cameron should go out. Is it fair to

say that William Hague is hobnobbing with Angelina Jolie and Brad Pitt?

She is here to host a conference on a serious matter. Can you get on

with running the country, please? It is a good cause and... It is a

campaign against war rape. The government should give it more

gravitas, but when it politician is snapped so often with celebrities,

the gravitas is gone. In my humble opinion. As for David Cameron and

his wife going out to this hotspots, you and I will be going there after

the show. I will probably be wearing one of those slings. Daily

Telegraph. Millions of Britons are facing boredom, loneliness and

poverty when they retire. The property site might be true. As for

boredom, I do not know. If you do not have enough money to do anything

you want to do, then you could get bored. What would you choose to do?

I am going to learn how to tap dance, I am going to travel more.

Have you got any plans? We have got time. This is a serious message from

an earnest Minister backed up by an estimate. He says 12 million Brits

currently working on not saving enough for their pensions. That is

getting on for half the workforce. But a lot of people realise they

have to work until their 70s? People are going to be working less in

their 50s than they expect. That is the problem. It is also a problem

that if you are losing a job at the moment, you find it much harder to

get back in. Looks like we will all be back here in 25 years. I will be

here if they let me. That is the papers for the night. Thank you very

much. Enjoy your evening. That is it from us. Sportsday, a special early

edition because of the World Cup.