01/03/2017 100 Days


01/03/2017

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Hello and welcome to One Hundred Days.

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It's a whole new tone from Donald Trump who gets good reviews

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The President is optimistic and conciliatory - saying he wants

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The time for a small thinking is over. The time for trivial fights is

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behind us. His wish list, A trillion dollars for

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infrastructure spending, more money for the military AND tax

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cuts are his priorities, US stocks soar after the speech, but

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the former Chairman of the Federal Reserve, Alan

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Greenspan, tells us of his doubts about the President's

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plans. America under Donald Trump will have

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to fix it and pay for it all. Can to fix it and pay for it all. Can

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you do it? Now. Ashfaq can he do it? No.

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In France, the centre-right candidate for the Presidential

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election, Francis Fillon, is placed under formal investigation

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for the alleged misuse of public funds,

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but he rejects calls to step aside.

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Karen Pence, 350, not content is, 256, so the contents have it. --

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contents. The British government suffers a

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first defeat on Brexit legislation. The House of Lords backs an

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opposition amendment which could And read my lips. A rare glimpse

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into the President's big speech

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preparations. You're watching One Hundred Days

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with Katty Kay in Washington It was a very different

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Donald Trump who addressed Congress last night -

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less flame-thrower, more President. He was still tough on immigration

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and terrorism but there was a surprising

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splattering of optimism, too. In fact, so favourable

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were the morning headlines - even from what he calls

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the "failing" New York Times - that an often irascible President

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could find nothing to moan about. Let's have a listen to some

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of what he had to say. The vast majority of individuals

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convicted of terrorism and terrorism-related offences, since

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9/11, came From

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Boston to San Bernardino, to the Pentagon, and yes, even the World

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Trade Center. We have seen the attacks in France, in Belgium, in

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Germany and all over the world. It is not compassion, but reckless, to

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allow uncontrolled entry from places Those given the high honour of

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admission to the United States, should support this country,

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love its people and its values. We cannot allow a beachhead of

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terrorism to form inside America. We cannot allow our nation to become

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a sanctuary for extremists. Our foreign policy calls for direct,

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robust and meaningful engagement It is American leadership based on

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vital security influence, that we share with our allies all

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across the globe. We strongly support Nato, an

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alliance forged in the bonds of two world wars, that dethroned

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fascism and the Cold War, and defeated

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communism. But our partners must

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meet their financial obligations. And now based on our strong

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and frank discussions, In fact, I can tell

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you the money is pouring in. Our North America Editor Jon Sopel

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is with me. Much about the content of the speech

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and the agenda but the headline was a question of tone. I want to show

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you a tweet that has come from the Conservative commentator Kathleen

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Parker. Those pictures of every sing in the back of the car, The Beast,

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before he goes to Capitol Hill, fascinating. If you are the Rolling

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Stones playing one of your hits, you don't need to be hers. When you are

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trying out new lines and new songs you have diverse. He was trying out

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something we haven't seen before from Donald Trump. A new persona,

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inclusive, warm, positive, optimistic about the future, wanting

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to bring people together, unifying. That was something we have not seen

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from Donald Trump before, and the question people will be asking, like

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you and me, was, was that a one-off, or will we see a new Donald Trump

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emerging from the chrysalis of the first chaotic few weeks in the White

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House? I'm sure that the blast saying to him today, look at the

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reviews you're getting for that disciplined performance, you stuck

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to the message that was written down for you, and it all worked out very

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nicely. And he definitely likes good reviews. The people liked it and

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Congress likes it. Let's have a look at Paul Ryan, the Conservative

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Leader of the house, nodding and clapping, this is all very good. He

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is even clapping the $1 trillion infrastructure project. This is a

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clip when he is asked about funding and infrastructure project that is

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half the size of the one that the president has put forward. Take a

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look at his reaction. Would you help president Donald Trump cast a $550

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billion infrastructure programme? Would that be something you would

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help them achieve? That is not in the A Better Way. He's a man that

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has got to corral the Conservatives and put promises into policy. Kenny

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it? Last night it seemed like Mike Pence and Paul Ryan had been to the

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same tailor and got a two-for-one offer on the same suit, shirt and

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tie. Moving on from that, it is going to be difficult. These are

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problems that every president has faced, not just Donald Trump, that

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you can come forward with ideas like a $1 trillion infrastructure plan,

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much that it might be needed, but will it be passed with fiscally

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conservative Republicans who want to be paying down the deficit? He

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talked about paper may -- paid paternity leave. Though seem like

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very democratic things to be advocating. He also called for the

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Democratic party to come into the tent, to embrace the changes he is

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going to make. Is that going to happen? We heard a long wish list

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last night. Turning that injury allergy might be something a little

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more tricky. -- turning that into reality.

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With us now is the Kansas Secretary of State,

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the former chairman of the Kansas Republican Party, Kris Kobach.

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A big supporter of Donald Trump. Did it go down well, where you were

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sitting? Yes, I think it went very well. I was listening to your prior

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commentary. It is important to put this speech in context. The State of

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the Union message is the only one the president is required by the

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constitution to give. It is a speech to be given to a joint session of

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undress. The question is, has Donald Trump changed his demeanour or

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manner of speaking? You will see all of the State of the Union messages

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during the Trump presidency look like this because it's a specific

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type of speech given to the legislature, where he lays out a

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legislative agenda whilst as other speeches are speaking to the common

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man, and it is a throng of thousands of people. He will probably give

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that kind of speech to that audience and this kind of speech to Congress.

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I take that, but isn't the one lesson that comes out of this that

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there is a lot more power in the presidency when you are talking with

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optimism and in positive terms than the resent counterpunching and

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attacking opponents and getting dragged into meaningless arguments?

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I think there was something to be said for that, absolutely. You want

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to remember, this is handing the ball to Congress because it's the

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first time he is laying out a legislative agenda, so he has to

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project confidence and optimism that you can get it done and I will sign

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a bill when it comes to my desk after you get it done. So in this

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context that optimism is important and counterpunching doesn't serve

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any purpose in the State of the Union message. Katy Clay here in

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Washington. I want to ask about the substance and the detailed in this

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speech -- McCrone. There was cause for more spending on the military,

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family leave, clean air, and they spoke about health care reforms he

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spoke about keeping in access for people with pre-existing conditions

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and also conditions on Medicaid. Is he going to run into problems when

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he tries to keep Conservatives on board with them? I think you are

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right with respect to spending on infrastructure. You will have a

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natural clash between the Conservative impulse in Congress to

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keep spending under control and an ambitious agenda laid out by the

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president. As far as the specifics on health care, and the repeal of

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ObamaCare, I don't see conflict there. If you look at the Republican

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alternatives, what we would like to be the case when ObamaCare is gone,

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they include the things that Donald Trump was talking about, covering

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people with pre-existing conditions. I don't see much fiction, there. On

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the size of the infrastructure plan, the president is a deal-maker. He

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has thrown out his initial offer, how about $1 trillion? At the end of

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the day it is going to be something else. Another deal he was floating

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yesterday was television news anchors here, was the idea of

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proposing immigration reform with some kind of pathway to citizenship

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for people who are currently here illegally. How would that go down

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that his supporters therein Kansas? Any form of amnesty, where you are

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having citizenship or not, giving legal staters to those in the

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country illegally, would not go down well with his ace, and that includes

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people in Kansas, just because he campaigned very vigorously during

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the entire cycle of the presidency campaign, enforcing our laws and

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against amnesty. Whether there is some element of amnesty or somebody

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that comes from Congress remains to be seen but in terms of where his

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base is, his days once our laws in first and not to have an amnesty.

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Katty, let me ask you, there was a different tone to the speech but is

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there any clue about who actually wrote it? We were told with the

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inaugural speech that it was Steve Miller and Steve Bannon who were

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behind it, and it was a much darker tone. Who wrote this one? The

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striking thing about this speech that it was night and day compared

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to the inaugural address. So the speculation is that somebody else

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had their hands on this speech and wrote something that was effectively

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much more conventional as a political speech. I have heard that

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the Vice President got involved and that he wanted elements in there

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with more calls for unity, that his daughter Ivanka and her aid got in

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there on issues like child and family leave, so we have aired more

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voices in there, so what is the president going to do going forward,

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listen to those voices that got him rave reviews or is his instinct more

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that Armageddon type image of America we saw any and all address?

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It will be fascinating to watch his evolution. You wonder if the

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positive spin on this might take him in a different direction. Let's turn

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to France, now. Francois Fillon, the right wing

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candidate to become the next President of France,

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says he will fight on despite news today he will be placed under

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formal investigation. He has been summoned to appear

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before magistrates on March 15th, facing allegations he paid his wife

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hundreds of thousands of euros of public money for parliamentary

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work she might never have done. One of Mr Fillon's closest aides

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resigned from the campaign today. He said the candidate had gone back

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on his word to withdraw from the election if he was placed

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under formal investigation. TRANSLATION: A number of my

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political friends are talking about the political assassination. It is

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in fact an assassination, because it is disproportionate, unprecedented,

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by the choice of this calendar, it is not only me who is being

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assassinated by these presidential elections, too.

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Let's get more from Benedicte Paviot,

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UK correspondent for the French network, France 24.

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There will be many people who will point to that speech today and talk

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about the arrogance of Francois Fillon. He is third in the polls,

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he's facing all sorts of problems. Surely the right thing to do is step

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aside and give the party a chance. We har 53 days away from the first

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round of the presidential election on 23rd of April. Yes, there are a

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lot of people wondering tonight, whether it is in France or abroad,

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French nationals, who will vote in this election, and we really are

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astonished that he is not quitting. He was in a defiant, combative mood.

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He was supposed to appear before the media at 8am at an event that there

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is a must for any top French politician. There were rumours he

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might not appear, then he appeared at half past 12 at lunchtime with a

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delayed press conference at his headquarters. But we have moved on

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from there. You mentioned in your introduction the fact that one of

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his key advisers, a former rival in the French primaries, before

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Francois Fillon became the official candidate, he resigned at the end of

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the afternoon. Now another centrist party, the has suspended and will

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make a decision next week. He is losing support, haemorrhaging

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support, but he is adamant he will not quit. And, of course, what the

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French media are absolutely talking about is, they are replaying the

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fact that, back in August, when he was placed under formal

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investigation, if he was, he said he would quit as a candidate. The

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question is with this appears before a judge that he told the world about

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come on 15th of March, his wife, Penelope, is also going to appear

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before the judge. That is two days before all French presidential

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candidates who wish to stand in this presidential election are actually

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going to, it is the last date before they can say that they have the 500

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needed signatures to become a candidate in that election. It is

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quite a year in Washington. Whatever Francois Fillon is saying, I won't

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give up, surrender or withdraw, it looks like the end of his

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presidential ambitions, one way or the other. What does it mean for the

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Republican Party? Is it the end of their ambitions for this year

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leased? The person who came second was Alain Juppe. Let's remember what

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happened. Primaries are not a French phenomenon but an American one. It

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is the first time that the French right has tried this and against all

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expectations it was not Alain Juppe, another former Prime Minister, who

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was favourite, not just within the centre-right but across the board

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and in the polls for months, it was actually quite comfortably Francois

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Fillon who won. He presented himself as somebody who was trustworthy and

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wanted to preserve once. This is why it is not sitting well with his own

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party. -- preserve France. 73% of people yesterday, just before this

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happened, across the board in France, say politician should be

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judged like any French citizen, no special rights, no stopping and

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posing of the judicial process. But Francois Fillon has said, he has

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made serious accusations against the judiciary, and the police, and he is

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saying that he has been politically assassinated. So the people who

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could benefit from this are Marine Le Pen and Emmanuel Macron. We have

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had so many twists and turns, who knows? It is a fascinating

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collection. We will be wondering what happens to Marine Le Pen,

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because of this. It's already been nicknamed

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the "Trump bump." That's right - the Dow has

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breached the 21,000 mark for the first time ever -

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partly as a result of the President's address

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to Congress and the expectation

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of higher interest rates. On the economy, Donald Trump

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promised tax cuts and a huge increase in

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infrastructure spending. Here he is. To launch our national rebuilding, I

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will be asking Congress to approve legislation that produces a one

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jillion dollars investment in infrastructure of the United States,

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financed through both public and private capital, creating millions

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of new jobs. APPLAUSE

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Investors clearly liked what they heard.

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What do the economic gurus make of it?

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Chairman of the Federal Reserve, Alan Greenspan. I started by asking

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for his reaction to the economic policy of the President's address

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It was a very important change in style which I frankly hadn't

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expected to see when he came into office. And I was shocked, first,

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that he did it. If he stays off Twitter, I think the world would be

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better off. But overall, it was a good performance relative to what he

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had done in the past. He laid out quite a lot of spending proposals

:20:17.:20:21.

that he would like. Infrastructure, military, family leave, where was

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the revenue side to pay for it all? Hidden. This is the issue. That was

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not a speech that was meant to be taken literally. One that you must

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ask, how do you find various things, there was nothing in their about

:20:45.:20:53.

strong economic growth, well, where's that coming from? Right at

:20:54.:21:00.

the moment we're going through a period of significant stagnation,

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for five years. And this is having a critical impact on the whole

:21:09.:21:16.

psychology of the economy. A democratic society has to be

:21:17.:21:22.

perceived to have growth, which all of sudden, looks to sink into

:21:23.:21:27.

populism. And what we're looking at basically at this moment as far as I

:21:28.:21:34.

can see is something very similar to what is happening in Latin America.

:21:35.:21:39.

Populism in that context is not an economic policy. It is basically a

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cry of pain. The request is, somebody come and do something. As

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great populists do, Donald Trump promises that it is going to be

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fabulous. He is talking about, and he said it again yesterday, not in

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his speech but during the course of the day, America under Donald Trump

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will have 3% more growth. That's how he's going to fix it and pay for it

:22:08.:22:14.

all. Can he do it? Now. Why see promising it, then, because then it

:22:15.:22:19.

opens the door to disappointment. It is obvious. I think we underestimate

:22:20.:22:27.

the impact on the marketplace of the issue of regulation. What the

:22:28.:22:37.

markets are responding to is the elimination of this, not his other

:22:38.:22:45.

policies, but the is a clean issue. The markets have responded well to

:22:46.:22:49.

the President's address. In fact the markets have responded well ever

:22:50.:22:55.

since he was elected. How far the canny financial markets become? Are

:22:56.:23:00.

you concerned? I don't think it is too much of an exaggeration to say

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that virtually all of the market response is the removal of

:23:07.:23:15.

uncertainty. Turning our back to the direction of higher levels of

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regulatory pressures. Which is not a surprise. Alan Greenspan, studiously

:23:19.:23:24.

trying to stand in the middle, but do I pick up a hemp that he doesn't

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think the numbers in this budget add up? -- pick up a hint. Alan

:23:31.:23:36.

Greenspan has to be careful not to be too political but I did not hear

:23:37.:23:41.

anything there apart from Donald Trump's the regulation plans, which

:23:42.:23:44.

clearly the markets are loving, about saying this is going to be an

:23:45.:23:47.

economic policy that makes any sense. Even if you can get it

:23:48.:23:52.

through, but the numbers, perhaps, don't add up.

:23:53.:23:55.

The British government has suffered its first

:23:56.:23:57.

defeat on the Brexit Bill which is currently

:23:58.:23:59.

The House of Lords voted in favour of an opposition-backed amendment

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that would guarantee the future status of EU nationals

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Britain is withdrawing from the EU's policy of free movement.

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That leaves three million EU nationals currently in Britain,

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and one million Britons who live in EU countries, in limbo.

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and our chief political correspondent, Vicki Young.

:24:19.:24:29.

358-256 in terms of votes. What does this mean for the Prime Minister's

:24:30.:24:36.

timetable? This is a big defeat for the government, there is no doubt

:24:37.:24:41.

about that. Theresa May hope to be able to offer this guaranteed to EU

:24:42.:24:44.

citizens living here in Britain, but she does not want it to be a

:24:45.:24:48.

unilateral action. She says it has got to be debated and negotiated

:24:49.:24:52.

with other EU countries, because she's concerned about the British

:24:53.:24:56.

people living elsewhere in the EU. The unelected House of Lords

:24:57.:24:59.

tonight, they have not agreed with her, and in overwhelming fashion.

:25:00.:25:05.

The Conservative government put in all its supporters people like the

:25:06.:25:09.

novelist, Jeffrey Archer and composer Andrew Lloyd Webber, making

:25:10.:25:13.

rare appearances, but it was not enough, and the opposition parties

:25:14.:25:17.

say that they have given a lesson to the government in morality, the

:25:18.:25:20.

right thing to do, they say, and a lesson in humanity. What happens

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now, they go back to the elected House of Commons. Many of them have

:25:25.:25:28.

concerns. The question is whether they will agree with the House of

:25:29.:25:34.

Lords, whether Theresa May can continue as she wants to, and

:25:35.:25:36.

trigger Article 50, starting those for more Brexit negotiations by the

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end of this month. Vicki, thank you for the moment. You're watching 100

:25:42.:25:50.

Days. Still to come, a warning for the City of London. We will hear

:25:51.:25:55.

more from the former head of the US Federal Reserve about why he

:25:56.:25:58.

believes Brexit will be bad for the UK economy. And the presidential

:25:59.:26:05.

style preparation for public speaking. That is still to come on

:26:06.:26:13.

100 Days. Good evening. Prepare yourself for a bumpy ride up to the

:26:14.:26:19.

weekend. We have some wet and windy weather with things turning lively

:26:20.:26:23.

tonight to England and Wales. Strong winds, and some rain and snow

:26:24.:26:29.

around. Gales bashing the coast and we could see gusts of 50 miles an

:26:30.:26:34.

hour even now across the South. And some heavy rain across parts of

:26:35.:26:37.

Wales, northern England and the Midlands. Some of that might fall as

:26:38.:26:42.

slowdown to quite low levels bringing some disruption. A quieter

:26:43.:26:47.

night for the North, Northern Ireland in particular. Some wintry

:26:48.:26:50.

showers across the north-west of Scotland in particular. Becoming dry

:26:51.:26:55.

across southern counties, but wherever you are it will feel cold

:26:56.:27:02.

and dry tonight. Those gales will soon subside but it will still feel

:27:03.:27:06.

pretty blustery through the day. Rain and snow moving away from

:27:07.:27:11.

central areas for a time, and many of us will settle into a half decent

:27:12.:27:14.

day with a lot of dry weather as we get into the afternoon. Across the

:27:15.:27:19.

south that is going to feel warm compared to today, plenty of

:27:20.:27:22.

sunshine around and just the odd shower out to the west. A much

:27:23.:27:26.

better afternoon across parts of northern England and North Wales

:27:27.:27:29.

compared with the morning. Things settling down quite nicely. More

:27:30.:27:33.

rain living large to the of Northern Ireland. The best of the sunshine

:27:34.:27:38.

across eastern Scotland with further wintry showers in the West. It will

:27:39.:27:42.

feel chilly in northern areas. Heading through the night, things go

:27:43.:27:47.

downhill again across the South. A developing area of low pressure will

:27:48.:27:51.

push bands of rain northwards across England and Wales as we get through

:27:52.:27:54.

Friday, so a disappointing end to the week with some heavy rain for a

:27:55.:27:59.

time. Some doubt about how far north that gets, but for most of Northern

:28:00.:28:04.

Ireland and Scotland, we will probably get away with it. And low

:28:05.:28:09.

pressure is going to dominate the weather right through the weekend.

:28:10.:28:13.

If not this one, then another one coming in off the Atlantic. We know

:28:14.:28:18.

what low pressure means. It means that rain is not going to be too far

:28:19.:28:23.

away. Prepare for some wet weather at times and some strong winds. For

:28:24.:28:28.

many of us, it will feel on the chilly side through this weekend.

:28:29.:30:14.

Welcome back to One Hundred Days, with me Katty Kay in Washington

:30:15.:30:17.

A reminder of our top story: Has Donald Trump

:30:18.:30:20.

In his first speech to Congress, he repeated many of his key

:30:21.:30:24.

pledges on security, immigration, trade and tax.

:30:25.:30:27.

But there are still questions on how will it be paid for.

:30:28.:30:30.

And coming up - we'll hear more from the former head of the US Fed

:30:31.:30:34.

about why he thinks Brexit will be bad for the UK economy.

:30:35.:30:42.

Well, of course one of the hallmark issues of Donald Trump's presidency

:30:43.:30:45.

so far has been immigration, and securing America's borders.

:30:46.:30:51.

And during his Presidential address, he said that the United States "must

:30:52.:30:54.

restore the rule of law" at its borders.

:30:55.:30:59.

Well let's speak to Michael Chertoff - he's the former secretary

:31:00.:31:02.

of Homeland Security and now Executive Chairman

:31:03.:31:04.

Thanks for coming in. Let's talk about their immigration ban. It has

:31:05.:31:14.

been stalled in the courts, the White House is working on a new one.

:31:15.:31:18.

In your experience, how useful has that been in terms of American

:31:19.:31:23.

national security or not useful? I do think it's worth periodically

:31:24.:31:27.

taking a look at our Visa screening system to make sure we are

:31:28.:31:30.

adequately capturing the information we need to keep out dangerous people

:31:31.:31:35.

without restriction things. I think it is worthwhile taking a second

:31:36.:31:40.

look at this. It is the first try had some legal problems and perhaps

:31:41.:31:43.

was overbroad, I think they are looking at a much more narrowly

:31:44.:31:47.

sculpted and much more sensible ban on the idea really is not to stop

:31:48.:31:53.

travel altogether but to make sure you are identifying those locations

:31:54.:31:56.

where there is a higher risk and then have these are vetting process

:31:57.:32:01.

that captures those risks. There has been some criticism that this is a

:32:02.:32:05.

targeted news limbs and if you add that to some of the language of the

:32:06.:32:11.

president has use, -- Muslims. They repeated phrase of radical Islamic

:32:12.:32:15.

terrorism. We had it last night. Is this something that could come back

:32:16.:32:22.

to haunt America? That it is not worth taking this as a war against

:32:23.:32:25.

Islam is that the president seems to be doing. It is clear we do not want

:32:26.:32:30.

to see this as a war against Islam or suggest that Muslims almost

:32:31.:32:35.

Muslims or the Islamic religion itself is a problem. We do have to

:32:36.:32:39.

recognise that there is an ideology that claims the Islamic mantle that

:32:40.:32:44.

is supporting a lot of terrorist activities we see in the region and

:32:45.:32:50.

in Europe and elsewhere. And not to acknowledge that runs the risk I

:32:51.:32:52.

think are bending over backwards. When I go to the region and I've

:32:53.:32:56.

been in the region and I say how do you describe the terrace, they say

:32:57.:33:01.

we call them jihadi 's or extremists in Glamis. Even people from the

:33:02.:33:08.

region of the Arab world use that terminology and I think we have to

:33:09.:33:15.

be realistic about it. Question. The language is important. If you look

:33:16.:33:19.

at the section on immigration in the speech, it was one of the darkest

:33:20.:33:23.

part of it because he talks about an environment of lawless chaos when he

:33:24.:33:26.

is referring to immigrants and he talks about the vast majority of

:33:27.:33:32.

those convicted of terror crimes are foreign-born which is not true if

:33:33.:33:36.

you look at the evidence. Are you worried at all bad it is that kind

:33:37.:33:39.

of language that is going to great more problems down the line? I think

:33:40.:33:46.

the rhetoric does get a little overheated and that runs the risk of

:33:47.:33:49.

first overly alarming the American people and secondly intimidating and

:33:50.:33:55.

alienating people in the Muslim community in the US who are loyal

:33:56.:33:59.

Americans. But again the basic point that we need to have an adequate

:34:00.:34:05.

process for screening people from overseas who want to come to the US,

:34:06.:34:10.

I think it is a fair point and even after 911, we had to do an enormous

:34:11.:34:17.

amount of re-engineering our travel screening progress to keep that the

:34:18.:34:21.

kind of operatives we saw on September the 11th. The extreme

:34:22.:34:23.

vetting that you are talking about will be in this new travel order

:34:24.:34:29.

which we expect sometime this week. What would you consider is that

:34:30.:34:33.

extreme vetting if there was such a thing? What is fair for people

:34:34.:34:37.

coming through American airports? I think if people are particularly

:34:38.:34:42.

people who come from the Beazer waiver programme and if they have

:34:43.:34:45.

travelled to one of those areas that Congress identified as areas where

:34:46.:34:50.

there are currently terrace combat going on, it is fair to have these

:34:51.:34:55.

people perhaps get a Visa in advance or get pulled aside and question

:34:56.:34:58.

about what they were doing there and why. As you know in Britain, the

:34:59.:35:03.

issue of foreign fighters, Europeans who go to Syria or other up to fight

:35:04.:35:08.

with Isis is the increasing concern for security officials around the

:35:09.:35:13.

world. I must ask you before you go, in 2016, you were a signatory along

:35:14.:35:17.

with 50 other national security figures to a letter in which he said

:35:18.:35:21.

that President Trump would be the most reckless president in American

:35:22.:35:24.

history. Do you still agree with that? I think the president has made

:35:25.:35:29.

some good appointments in his security area. I think we have to

:35:30.:35:33.

withhold judgment. I would love to be proved wrong. You still have

:35:34.:35:38.

concerns. I want to see how the policy develops. We are early in the

:35:39.:35:42.

presidency. He has made good appointments. I will see what the

:35:43.:35:47.

new travel order says. We saw the president recommit yesterday to

:35:48.:35:50.

Nato. As he take the steps, I would love to be able to say I miss judged

:35:51.:35:54.

it, I am happy to say he is doing a good job. We will get you back in.

:35:55.:35:56.

Thank you for joining us. More now from that interview you did

:35:57.:36:02.

earlier today with Former US Federal Federal Reserve Chairnan Alan

:36:03.:36:07.

Greenspan. Katty Yes, I also spoke to him

:36:08.:36:08.

about the prospects for the eurozone How liable do you think Greece's

:36:09.:36:17.

position in the Eurozone is? I have been forecasting four years that

:36:18.:36:22.

they would drop out or be forced out of the Eurozone and the reason to

:36:23.:36:29.

remember is that they got into the Europe Gale Eurozone under false

:36:30.:36:33.

pretences. Ultimately it has been Germany which has supported them,

:36:34.:36:40.

directly and indirectly. It is going to be a very interesting question

:36:41.:36:44.

about how long you can go on. It is an unstable economic system, it is a

:36:45.:36:50.

small economy. It is doing more damage to the structure of the euro

:36:51.:37:01.

than anything else but until that is resolved on my thought is that to

:37:02.:37:09.

resolve it is to detach Greece from the Eurozone. But no one listens to

:37:10.:37:12.

me. You sound surprisingly pessimistic. I found that way

:37:13.:37:18.

because I am. At least I hope by some that way. Is there a scenario

:37:19.:37:23.

in which Brexit could be good for the British economy but not good for

:37:24.:37:28.

the European economy? I would be hard-pressed to find an example of

:37:29.:37:33.

that. Brexit in my view has been bad or will be bad for the British

:37:34.:37:45.

economy. Brexit is essentially, you know, it's American populism. I'm

:37:46.:37:51.

convinced that when some of the number of the people start moving

:37:52.:37:58.

out of London, and they are going through the motions down, that a new

:37:59.:38:03.

photo, in a different direction. Alan Greenspan that. Brexit is Latin

:38:04.:38:15.

American populism. What are you hearing on your side of the

:38:16.:38:20.

Atlantic? I think people are quite pessimistic about Greece and

:38:21.:38:26.

possibly Italy as well. We had a guest in the studio the other day

:38:27.:38:30.

and he was making the point that the situation with Greece at the moment

:38:31.:38:33.

is untenable unless somebody cuts the depth and at the moment there

:38:34.:38:37.

doesn't seem to be any sign of that because Germany of course is heading

:38:38.:38:40.

into an election and Germany is one of the biggest creditors. The

:38:41.:38:43.

Americans are very frustrated about this, we heard from President

:38:44.:38:49.

Trump's trade adviser speaking just last month saying Germany is keeping

:38:50.:38:53.

the euro artificially low by keeping countries like Greece on board.

:38:54.:38:57.

There are plenty people in America who would like Greece to be cut

:38:58.:39:00.

loose the weaker countries can drift away and the euro becomes stronger

:39:01.:39:05.

and therefore there would be a more equitable trading partnership

:39:06.:39:07.

between Europe and the United States. It is interesting, a lot of

:39:08.:39:12.

the people talking at the moment about Greece. Mr Trump clearly a

:39:13.:39:16.

supporter of Brexit but not everyone here in Washington still the same as

:39:17.:39:19.

the president does. Clearly the former chairman thinks differently.

:39:20.:39:25.

Some of the day's other key developments:

:39:26.:39:27.

investigation into the battle for Aleppo in Syria has

:39:28.:39:30.

concluded that both sides were guilty of war crimes.

:39:31.:39:32.

The report focuses on fighting last year, and says the Syrian air force

:39:33.:39:35.

carried out an attack on a UN aid convoy.

:39:36.:39:37.

Rebels are said to have used civilians as human shields.

:39:38.:39:40.

More than a thousand jobs are thought to be at risk

:39:41.:39:42.

at the car maker Ford, at its engine plant

:39:43.:39:44.

The company revealed concerns about a slowdown in work in a leaked

:39:45.:39:48.

Ford won't comment on the document, but says it "fully understands"

:39:49.:39:52.

Two women have been charged with the murder of the half-brother

:39:53.:39:56.

They face the death penalty if found guilty.

:39:57.:40:06.

Malaysian police believe they wiped the deadly nerve agent "VX"

:40:07.:40:08.

on Kim Jong Nam's face in Kuala Lumpur airport just

:40:09.:40:11.

The women claim they thought they were taking part in a video prank.

:40:12.:40:15.

Europe's most active volcano has erupted in a fiery show of lava.

:40:16.:40:18.

Mount Etna, on the Italian island of Sicily, has been largely dormant

:40:19.:40:22.

The volcano's latest eruptions began on Monday.

:40:23.:40:34.

Authorities say there's no danger to nearby towns.

:40:35.:40:36.

Etna's eruptions can last days or even weeks -

:40:37.:40:38.

It was pretty spectacular. Do not get too close. Shall we take a quick

:40:39.:40:55.

look at President Trump rehearsing last night? Here he is in the back

:40:56.:41:00.

of his car. I do this before some of my performances. I like to get the

:41:01.:41:03.

head movement in. Like that, a bit of that.

:41:04.:41:06.

What do you think? I do this when I'm about to tell the children. She

:41:07.:41:13.

was quite into that. Her daughter had written part of that speech

:41:14.:41:17.

according to you, no doubt she was very congratulatory. There is

:41:18.:41:22.

something serious about that, there is the president wanting to get this

:41:23.:41:26.

right and you have to think that somebody in the oval office got him

:41:27.:41:30.

and said what we are doing so far is not working in terms of broadening

:41:31.:41:34.

our appeal. The Bay still loves us but we are not reaching other people

:41:35.:41:37.

and we are getting hammered in terms of review of how we are presenting

:41:38.:41:43.

cell. The president himself gave himself a C for communication. That

:41:44.:41:46.

is the president doing what it takes to improve that C grade and he has

:41:47.:41:50.

succeeded in doing so. Will he now go back to the office today?

:41:51.:41:58.

Apparently they are going to rolled out his travel order today but they

:41:59.:42:01.

have postponed it because they are basking in the glory of everything

:42:02.:42:04.

that has happened, some say. Quite right too, it was a good performance

:42:05.:42:09.

by all accounts. It is all starting to sound remarkably like a normal

:42:10.:42:12.

presidency, isn't it? Traditional and sober. Yes. Let's see how long

:42:13.:42:19.

it lasted and when he gets back his little device and starts tweeting

:42:20.:42:23.

again. That is the big question. John said it at the beginning of

:42:24.:42:26.

this programme, how long does the last? Which is the real deal more

:42:27.:42:31.

Trump? The one we saw last night, discipline, sober, acting like

:42:32.:42:34.

President, being a president or is it the one who is thin-skinned and

:42:35.:42:38.

attacked his critics and doesn't like any form of criticism? You the

:42:39.:42:42.

presidential fingers twitching, do you? I think its aims are keeping

:42:43.:42:49.

his device away from him. That his aides.

:42:50.:42:57.

That is One Hundred Days for now - my colleagues Laura Trevelyan

:42:58.:43:00.

and Anthony Zurcher will be taking your questions

:43:01.:43:02.

So do get in touch with your thoughts.

:43:03.:43:05.

For now though, from Katty Kay in Washington,

:43:06.:43:07.

and me Christian Fraser in London - goodbye.

:43:08.:43:12.

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