16/03/2014 The Papers


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And coming up: The new technology that allows people to read faster


using smaller screens. Hello, welcome to our look ahead to


what the papers will be bringing us tomorrow. With me are the journalist


Samira Shackle and broadcaster, Henry Bonsu. Thank you both for


joining us. Tomorrow's front pages, let's have a look. This evening we


start with the Financial Times. That leads with the referendum result in


Crimea and says the poll sends Russia deeper in international


isolation. On the Telegraph - an image of Mo


Farah who collapsed after completing the half-marathon in New York City


today. The I - the long awaited Higgins


report on HS2, which calls on the Government to build the northern


section of the railway link faster A new device for monitoring diabetes


could replace the need for daily jabs associate the Daily Express. --


says the Daily Express And the five richest families own


more than the poorest 20% of the population.


And the Daily Mail - pressure is mounting on George Osborne to raise


the 40 p tax threshold. Plenty of different stories to have


a look at. Let's begin and the first one I think we'll look at is really


the story that has been dominating our news agenda today and Crimea. We


will start with the Financial Times, with the headline: Crimea poll ice


rates Russia. That's just about all that West and America seems able to


do. Yeah, it does. I was reading in this piece about the EU moving to


introduce sanctions. While we've seen the rouble falling, there's a


question mark over how much sanctions can effect as big as


economy as Russia and how quickly. The rouble has been at its lowest


level against the dollar. Henry, this is something that Putin doesn't


really think is that important in comparison. Absolutely, despite what


the Financial Times and some of the other papers are saying, Russia


isn't really that isolated. We're talking Britain, France, the EU, the


United States, OK, some of the biggest economies in the world,


there are lots of other big economies, like the Chinese,


Brazilian, Indian economy who are perfectly happy to do business with


Russia. The might be isolated on the yuz Security Council, but -- on the


UN Security Council, but Britain and the Germans will do business with


Russia. Vladimir Putin will be thinking, O'-Kay, how serious was


this reaction. -- OK, how serious was this reaction. Lots of money


will be coming back to Russia. People are worried about whether or


not their assets will be seized. They're bringing it back to mother


Russia. Affecting stocks and shares in this country and the property


market, possibly. It has ramifications. Is there anything


else that you've raed in the Financial Times or-- read where


other avenues could be for the West to explore? I don't think so,


looking at this. Plauz we know -- because we know that military action


is a no-no. We are all thinking of great wars past. We don't want a


future confliation in Europe. -- Conflagration in Europe. The only


thing is if the they felt they could go further on the economic front.


Not just a number of Crimea officials and even Vladimir Putin


himself from travelling, though I'm not sure if they would ban him. I


think if they wanted a trade war with Russia, if they wanted to close


the Russian economy down, they probably could do so, but I doubt


very much whether or not they would see it's in their self-interest to


do so, given the intertwining of the economies Russia, the EU and the


United States. The Financial Times looks at it with the financial hat


on. The Daily Telegraph, the same story with the headline: West


condemns illegitimate poll. That seems to be the line from America


and Britain. This was illegitimate, so the result doesn't matter. That


seems to be what they're saying. I think it's quite an interesting one


from an almost, the ideas behind it, because it's an argument when it


comes down to between the limits of Democratically-expressed self-rule


versus territorial integrity and sovereignty. It's quite clear that


obviously Russia and the West are coming at that from two completely


different sides. It's just such a complicated picture that I think


it's certainly true that there's limits to what claim can you make


for a free and fair referendum, when there's tanks and guns there, but


there is also clearly a large contingent of the population which


wants to be part of Russia. It's quite a complex moral web there.


Building on what Henry was saying earlier, Putin obviously has made an


assessment about how much the West's disapproval matters. In this case,


not that much. The reason why the West condemns this as illegitimate


was we had those two choices, join mother Russia or autonomy from the


Ukraine. There was no third option of the status quo. There were no


outside observers. There were some from neighbouring countries, which


are very close to the Kremlin, close to Moscow. When it Toms to -- comes


to how look at this from a geopolitical point of view, we have


to remember that we, the West, regularly intervene in other parts


of the world, sometimes in flagrant breach of international conventions


because we think we're doing the right thing, because it's the West.


We're always on the side of right. The Russians have the right to see


themselves in the same light. Increasingly Vladimir Putin as he


looks towards his legacy, what is he leaving behind. He will be the guy


who managed to claw back some of the territory they lost. Argument of


legal interventions... What is international law any way! Yes.


Let's move on to another story. Osborne, I will build for Britain.


News that Ebbsfleet in Kent is to become a major new garden city with


at least 15,000, interesting this has come out just a couple of days


before the Budget. Yes, because he wants to present himself as a


Chancellor with a plan, a chance who's presided over a double-dip


recession, but now very strong growth. The Office for Budget


Responsibility has revised up its forecast as has the Bank of England.


People are saying, where is the accelerated growth going to come


from. I'm sceptical about this. We've heard announcements like this


before, about big infrastructure projects. This is a drop in the


ocean compared to what is needed. The Labour themselves are talking in


this piece about trying to build around 200,000 homes a year from


2015, if they get in. There's no doubt, the Government now pledging


longer on this help to buy scheme, helping people get on the housing


ladder at the start. Maybe this is a way of generating more work, more


jobs, more building, more infrastructure. It is. I don't think


anyone would argue that building more homes is a bad thing. I agree


that it's a drop in the ocean and it's also been three years of this


Government without many new homes being built at all. They really need


to be stepping up. The scale of the housing crisis, 15,000 is nothing


really. But it's a good thing. It is interesting. Of course, the


Chancellor, any Chancellor before a Budget will choose to leak the most


positive stories. Much room for manoeuvre. This is repeated on


Wednesday and the picture story on the front, a distressing picture of


Mo Farah, of course, the two Olympic Gold Medal winner at London 2012.


You were watching. I was. I did that extraordinary thing and I pressed


the red button to watch this race. The coverage wasn't of the level of


Brendan Foster, it was an American commentator. I was concerned how Mo


Farah would make the transition from the track to the road. Some people


said it was a disastrous attempt. He didn't do anything wrong apart from


getting clipped from behind a few miles in. He worked hard to catch up


with the eventual winner, who has broken 60 minutes for the half mare


thorn on several occasions. -- marathon, on several occasions. I


think he overcooked it. Previous live he was training in the valley


above Kenya. I think the transition from nice, warm Kenya to subzero


temperatures in New York really damaged his system. He collapsed. He


was actually in tears. You can see the picture. I didn't know if it was


tears or sweat, but very distressing for his family who were there. It's


sad and he's such a national hero, since the Olympics. He occupies a


warm place in the public's hearts. They're concerned about the London


Marathon of course. His first full marathon and he goes up against the


same guy. You sound like you're going to be watching. The I - brakes


off for HS2. I will let you start with this being a Manchester boy. I


am. I should be in favour of this, because the journey from London to


Manchester currently takes two hours and eight minutes. When I want to


see my parents, family and friends, that's how long it takes. If this


goes ahead and it works it will come down to one hour and 20 minutes. The


question is, at a time of post-austerity, no still in


austerity, but growth is weak, can we afford to spend about ?50


billion? The guy who is going to oversee this, he oversaw the


Olympics on time and on budget says, we have to be bold. We have to make


this, do this infrastructure much more quickly. Six years earlier,


transport hub in Crewe, going beyond Birmingham to Crewe and that means


it will be much more secure as a financial investment. And not just


that, but also starting the building at both ends, as it were, starting


in the north and the south to connect in the middle. Yeah. Are you


a fan to get going on this? Well, I don't think there's any chance


they're going to abandon it. It's a good idea to think about ways of


making it more useful. I think the fact that it was going to stop at


Birmingham, I think extending it further north is good. I was


interested to read over the weekend a poll in the Observer that a


majority of people actually would support improving connections


between northern cities rather than a north-south link. I want to


shuffle along onto the Express. The heading about diabetes. Jab-free


test for diabetes. This would be, if it's true, a breakthrough, a


stick-on sensor, about the size of a 2p piece, to replace daily finger


pricking jabs. That would be a great comfort to anyone who is diabetic,


butch also the fact that it would -- but also the fact that it would save


a lot of money. Anything that makes it easier to monitor diabetes is a


good thing. My mum is diabetic. Constantly pricking at the fingers,


but it's easy to forget to monitor your blood glucose levels after


meals, even if you've been living with it for years. Anything to


improve that is a good thing. Seems good news. I want to get to the


Guardian. That looks at the divided Britain, where it says five families


in the UK actually own more than the poorest 20%. It is a staggering


figure. It is staggering. But it's real Britain and it's by Oxfam,


which probably surprised a lot of people. It's called a tale two of


Britains. Those five offending families the Duke of Westminster,


David and Simon Ruben, the sports director and retail boss, the


chairman of Newcastle united and two other. They have 28. .2 billion in


assets. That's more than the poorest 20% in this country. That number of


people. It's amazing. You say "offenders", in some senses... I'm


not jealous of wealth. I'm totally relaxed about wealth. It depends


which percentage you are. Indeed. The timing of this report is not


unrelated to the Budget as well. It comes down again to this debate


about who the Government should be helping. That's the balance George


Osborne is trying to strike before the Budget, not seeming too much to


help those wealthiest families. Building up to the Budget on


Wednesday. Thank you both very much for that. That is it for for papers


this hour, a big thank you to you both.


Let's get started on this. Not bad. A bit slow in the middle. Not bad.


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