03/04/2016 The Papers

Hello and welcome to our look ahead to what the papers

With me are Charlie Wells, the European Features Reporter

of the Wall Street Journal and John Rentoul, the Chief Political

The Guardian has story of the Panama Papers, focusing on what it calls a

$2 billion dollar trail of offshore deals that leads to President Putin.

How the rich hide their money, the I splashes on the Panama Papers

tax havens scandal, and calls for Iceland's Prime Minister to

British steel to rise from the ashes says the Telegraph,

leading on news of a possible buyer for Tata's plant in Scunthorpe.

According to the Mirror, it's time for Business Secretary

Sajid Javid to say Tata over his handling of the steel crisis.

The Times warns of chaos on Europe's borders,

as a string of problems threatens plans to return migrants to Turkey.

The Daily Mail says white British pupils are being overtaken at school

by children from other ethnic groups by the time they sit their GCSEs.

And the Independent's cover star is the jubilant West Indies all-rounder

Carlos Braithwaite, celebrating victory against England

Starting with the Panama Papers, which is causing such a fuel

alternate. -- furore. 11 million documents have been leaked. It is

the offshore network that made the Russian President and his friends

famously wealthy, not just Russians but a great international lineup of

important people? Right now it reads like a bad paperback. There are some

questions about politicians here in the UK. We don't know too much

more. David Cameron's late father had an account. Having an account is

one thing, it matters what you do with it. He ran some companies that

were registered in various tax havens. All the papers go out of

their way to say, there is no suggestion that he did anything

wrong or illegal. This was mostly to avoid tax rather than to evade tax,

or to maintain secrecy, confidentiality. There is nothing

illegal about that. The legality issue seems to be when somebody who

holds money in an account wants to access it secretly, so there are

ways that they can get other people to claim the money as there is yes,

to claim the money as there isyes, yes,. There is the darker end of it,

which is what President Putin's friends seem to have been involved

in -- theirs. I have read six and a half million documents, we split

them up. We are completely across this story now! Any more questions,

we can definitely answer them. I am very grateful! The question is, what

do we do about it? It has been suspected that transactions like

this have been going on for years. This is the first time that we seem

to have such a huge amount of evidence. It is an enormous number

of documents. I think we will get more stories over the coming week, I

am very interested to see how the Russians respond. President Putin is

very popular in the country, he is pushing for the

de-off-shore-isation... Say that in Russian! He seems to be doing the

complete opposite. How the rich hide their money. The suggestion that

large amounts of money has found its way into corrupt regimes? That's

right. And that corrupt regimes have managed to export money to save, and

I must place is so that they can access it later. It is interesting

that the first casualties seems to be the Prime Minister of Iceland. I

don't think he has resigned yet, but he is certainly having

difficulties. He had to walk out of an interview which doesn't suggest

that things are going well. He seems to have been a little bit economical

with the facts of his financial interests. There will be more

stories like that in the days to come. World leaders caught in

offshore data leak, that is how the daily Telegraph are reporting it. --

Daily. The Icelandic Premier had transactions that failed and we

won't aware of that? I don't know how surprised people are. We have

been hearing about this so much, but we haven't found a solution. We

talked about how it is a multinational problem, how do you

solve something on such a huge scale? Having leaks like this will

act as a huge disincentive to people to put their money into tax havens.

They are like leeks in a dam, you push one and you get another.

Staying with the Telegraph, financiers to bail out Tata despite

government chaos? It seems there may be an Indian tycoon who may strike a

deal regarding Port Talbot. This story focuses on Scunthorpe? --

leaks. That's right. In thinking about the solution to the steel

crisis, there has been a suggestion that one company could purchase all

of Tata's assets. I think for the average person who has one of these

jobs, it's quite frightening. You don't see a complete solution for

Tata. It's also how they can keep going when a company of their size

was losing ?1 million a week. I think this is an indication of the

way things are going. It is going to be... The Tata operation will be

broken up into its constituent parts. The British industry has been

drinking for some time. -- sinking. They are just trying to hold back

the forces of economic gravity. In the end, they will have to get

smaller. There are cheaper steel options, not just in China. The

Business Secretary caught out about this steel debacle? He hasn't

handled it very well. I think the Labour Party has slightly overplayed

its hand in calling for resignation. Jeremy Corbyn called Fort George

Osborne to resign, just because he got something wrong in the budget.

Now they are calling for Javid to resign. They abandoned a policy, in

a sense. Calling for the Chancellor to resign was rhetorical, really,

rather than anything else. So is this. Javid shouldn't have been in

Australia while Carter was having their board meeting, but the talks

go on behind the scenes as we have seen some evidence of, with possible

buyers. Order chaos threatens deal to deport migrants, this is the deal

which is coming and tomorrow, anyone who doesn't claim asylum in Greece

or who has that claim rejected has to be sent back to Turkey if that is

where they have come from. Nobody seems to be ready for this? No, it

is thought of a precursor to what is to come. There have been signs in

these countries, you are moving someone who has paid thousands of

pounds to come across the sea, they are returning to the way they do

want to go. It is also an infrastructure issue, a lot of these

centres were constructed perhaps not for this huge influx, perhaps not

for this long amount of time. It will be really hard to deal with. As

of yesterday, the place they were going back to is just a field --

was. There was a deal done at the highest level between Turkey and the

EU, without any infrastructure in place to actually deliver it and

make sure it works. Daily Mail, betrayal of white pupils. I is 16,

white children lag behind 12 other ethnic groups. This seems to boil

down to parents not being as supportive and aspirational,

according to this article? It is truly a story about class, rather

than race. I think the problem of schools for working-class white

boys, in particular, they are known to be the most underperforming

group. Middle-class white boys and girls do as well as any other group.

I wonder how many people will feel that betrayal is the right word. For

a long time, there have been grave concerns about young black man not

doing well. One of the point that the story makes is that schools seem

to be spending more time with non-English-speaking students,

perhaps devoting more time and resources to them. Perhaps that

overtime could lead to better performance compared to white

people. That is the daily may betray all for you. I do think that is a

gross simplification -- the Daily Mail. Do they say that the resources

should be reallocated? As the Daily Mail also says, the children of

immigrants do tend to come from families who value education very

highly. It is much more a question of family culture rather than

resources, I think. On the Daily Mail, something about the At his?

Please forgive us if you have not listened to this evening's addition,

we will spoil it for you -- Archers. Charlie has only lived here for a

year but you are already familiar with the Archers? It's an

institution. We have had the first murder in 65 years! It almost broke

Twitter. I can't say that I am a devoted Archers listener, but from

the information I have gathered, this sort of melodramatic plot twist

is not necessarily surprising. Is it a matter? She stabbed him, Helen

stubbed Rob. Some deaths are not... They are not uncommon on the show --

murder -- stabbed. Some people have really objected to this as a

storyline. An everyday tale of country folk. Other people have

argued that domestic abuse happens in all types of families, so why

not? It's important to talk about, it could be a good conversation

starter. Some very funny comments have been made. If you haven't heard

it, you can go back and find out. We will hopefully find out tomorrow

whether Rob is dead or alive. Finishing with something else that

is very English, you may not be quite as familiar with the cricket.

You are doing very well! I have good tutors. Very unfortunately, the

English team has not won, the West Indies have one. -- won. A huge,

surprising upset, sort of a home-run. Sort of like American

football where the whole game sometimes changes in the last few

seconds. In American football, you have the advantage of stopping the

clock. Carlos Braithwaite scored four sixes in a row, which was

amazing. Coming up next,

it's The Film Review.