12/06/2014

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:00:08. > :00:20.This is BBC News. In a few moments, we will be looking at the papers.

:00:21. > :00:25.Here we have Liam Hannegan and our other guest. The Telegraph leads

:00:26. > :00:32.with Mark Carney's speech earlier this evening where he indicated that

:00:33. > :00:36.interest rates could rise earlier than expected. Jennifer Lopez also

:00:37. > :00:43.makes the front page as he kicks off celebrations in Brazil. President

:00:44. > :00:54.Obama promised to assist in stopping insurgents in Iraq. Jennifer Lopez

:00:55. > :01:02.also makes the front page of The Metro. The Daily Mail takes issue

:01:03. > :01:08.with how much time William Hague is spending with celebrities, namely

:01:09. > :01:14.Angelina Jolie, although she is a UN envoy who is leading a summit on

:01:15. > :01:24.stopping the use of rape as a crime of war. Let's make a start with what

:01:25. > :01:31.has happened in Iraq. Baghdad prepares for the worst, extremist

:01:32. > :01:40.rebels vowed to capture the Iraqi capital. This could provoke

:01:41. > :01:45.intervention. It just shows how fracture word politics are in Iraq.

:01:46. > :01:48.They could not even get enough MPs to show up to sign a bill for

:01:49. > :02:02.emergency measures. The first sentence says it all, Iraq is

:02:03. > :02:06.breaking up and soon he `` Sunni fundamentalists are capturing the

:02:07. > :02:15.south. You're saying it is all breaking down into its parts

:02:16. > :02:21.really, and the Sunni provinces are being fled. The whole thing is being

:02:22. > :02:25.turned into a mass which we should have been prepared for, it is what

:02:26. > :02:32.we always said, that it would fall so quickly when we left because we

:02:33. > :02:39.had not really sorted out what was going to happen after we left. Can

:02:40. > :02:48.we blame this all on the war from 2003? The British and American

:02:49. > :02:58.intervention with Mac there has always been a sectarian issue at

:02:59. > :03:05.play here ``? No, the blame goes back much further than that. Iraq is

:03:06. > :03:12.an Anglophone construct, about 100 years ago we drew lines on a map in

:03:13. > :03:21.ancient regions and now we're saying it is surprising that it is breaking

:03:22. > :03:35.up. Mosul is now controlled by fundamentalists, and the same thing

:03:36. > :03:40.is happening into `` in Tikrit. It really does show that there was no

:03:41. > :03:44.plan after the removal of Saddam Hussein and that is why the UN is

:03:45. > :03:52.saying that this is a humanitarian disaster as half a million people

:03:53. > :03:59.are now dispossessed. They have had to move out into other cities and

:04:00. > :04:03.the UN says that the humanitarian situation is already dire and

:04:04. > :04:13.deteriorating with each day. There are only 60 miles from Baghdad now

:04:14. > :04:19.`` they are. How much response ability should Nouri al`Maliki take?

:04:20. > :04:32.He is Shia and these are Sunni insurgents. $:ENDFEED.

:04:33. > :04:43.They have been dealt an immediate difficult hand. Also what I would

:04:44. > :04:46.say is, what with the World Cup and everything else going on, very

:04:47. > :04:52.little attention has been paid to this. Until tomorrow morning, as it

:04:53. > :04:58.were. This is the morning where the story has burst onto the front page.

:04:59. > :05:01.It is so close to the capital. Without wishing to be mercantile

:05:02. > :05:09.about this, one implication about what is happening is that you will

:05:10. > :05:14.see this inflate oil prices. This could affect that. We will see this

:05:15. > :05:20.pushing through as a major news story. Let us go to how the Times is

:05:21. > :05:32.treating this. Sending said we are considering all options,

:05:33. > :05:39.they were quick to say that does not mean boots on the ground. It means

:05:40. > :05:46.something other than that. The thing is, everything is up in the air. The

:05:47. > :05:52.point is that we are now focused on this. We have let this happen. It

:05:53. > :06:01.has been getting worse. And now it has all blown up. It is now getting

:06:02. > :06:07.scary. At least something is going to be done, but it will not help all

:06:08. > :06:09.those people. There is real exhaustion among the British

:06:10. > :06:16.electorate, the American electorate, for foreign intervention. If America

:06:17. > :06:24.has to go back in with attitude and force. So soon after withdrawing. It

:06:25. > :06:31.would be a major embarrassment. Using drones and talking about

:06:32. > :06:35.humanitarian aid, as our Foreign Secretary has been talking about, is

:06:36. > :06:41.a halfway house. If the situation does get serious, then drones are

:06:42. > :06:47.not going to be enough. Our leaders are going to face a stiff decisions

:06:48. > :06:53.about what to do. The World Cup is under way. It is

:06:54. > :06:58.all kicking off in Brazil. Police have used stun grenades to disperse

:06:59. > :07:09.crowds. This is what is happening outside. There is such a theory of

:07:10. > :07:22.how much it is costing. `` anger. What about money spent on people at

:07:23. > :07:28.home. The police waded in with batons and tear gas and rubber

:07:29. > :07:37.bullets. It reminds you that this is life in Brazil. If you get on the

:07:38. > :07:43.wrong side of the law. The fact that the world's media is watching is

:07:44. > :07:50.neither here nor there. The Guardian has picked up on that issue as well.

:07:51. > :07:55.They topped it with a picture of J`Lo. These are the twin faces of

:07:56. > :08:00.the World Cup. We have got the first game this evening, a lot of glamour.

:08:01. > :08:05.In many ways, you have got what was previously a very poor country going

:08:06. > :08:12.from crisis to crisis. It is now strutting its stuff on the world

:08:13. > :08:19.stage. And yet, reminders that there is still a great deal of police

:08:20. > :08:26.brutality. It seems like a disproportionate response. The

:08:27. > :08:31.country is very rich in resources. Let us quickly show you J`Lo. There

:08:32. > :08:40.she is. She is wearing a lot more than some of the men on the beach.

:08:41. > :08:46.Wearing some kind of banana slang. That is enough of that. Back to the

:08:47. > :08:56.Guardian. Go and have a look for it. It is quite startling. Banks gets

:08:57. > :09:02.new powers to protect mortgages. Interest rates might be going up

:09:03. > :09:06.sooner than we expected. There is some concern about the heat in the

:09:07. > :09:12.housing market. These measures have been announced in the Mansion House

:09:13. > :09:17.speech, trying to call things down. The heat in the housing market

:09:18. > :09:23.specifically in the south. This bubble is not happening anywhere

:09:24. > :09:30.else. It is specifically down in the south. These are measures which the

:09:31. > :09:40.bank gives powers to curb how much you borrow. Does that mean sales

:09:41. > :09:44.will grind to a halt? You would think. The flats you can now buy in

:09:45. > :09:56.the prime areas in London specifically, a 1`bedroom flat,

:09:57. > :10:03.?800,000. It might be a big bedroom, it might have a nice view, but it is

:10:04. > :10:10.ridiculous. We had the Chancellor's Mansion House speech and Mark

:10:11. > :10:14.Carney's speech tonight. Mark Carney talked about those new powers. He

:10:15. > :10:22.also said that interest`rate rises could happen sooner than markets

:10:23. > :10:28.expect. Markets expect them to raise in the first or second quarter of

:10:29. > :10:37.2015. He is only saying that because earlier on he said Q1 Q2. She rap

:10:38. > :10:46.reminded me. I was slapped on live television. It is when the future's

:10:47. > :10:56.market expects rates to rise. That means this year that will be heaven

:10:57. > :11:01.for a lot of savers who have had to endure low interest rates. But some

:11:02. > :11:11.households will worry about rate rises. Moving on to the Daily Mail.

:11:12. > :11:19.PM goes on there tonight at slip hotspots. But the `` celebrity

:11:20. > :11:25.hotspots. They do not think David Cameron should go out. Is it fair to

:11:26. > :11:32.say that William Hague is hobnobbing with Angelina Jolie and Brad Pitt?

:11:33. > :11:40.She is here to host a conference on a serious matter. Can you get on

:11:41. > :11:50.with running the country, please? It is a good cause and... It is a

:11:51. > :11:55.campaign against war rape. The government should give it more

:11:56. > :11:58.gravitas, but when it politician is snapped so often with celebrities,

:11:59. > :12:07.the gravitas is gone. In my humble opinion. As for David Cameron and

:12:08. > :12:16.his wife going out to this hotspots, you and I will be going there after

:12:17. > :12:29.the show. I will probably be wearing one of those slings. Daily

:12:30. > :12:34.Telegraph. Millions of Britons are facing boredom, loneliness and

:12:35. > :12:39.poverty when they retire. The property site might be true. As for

:12:40. > :12:43.boredom, I do not know. If you do not have enough money to do anything

:12:44. > :12:48.you want to do, then you could get bored. What would you choose to do?

:12:49. > :12:57.I am going to learn how to tap dance, I am going to travel more.

:12:58. > :13:04.Have you got any plans? We have got time. This is a serious message from

:13:05. > :13:09.an earnest Minister backed up by an estimate. He says 12 million Brits

:13:10. > :13:13.currently working on not saving enough for their pensions. That is

:13:14. > :13:18.getting on for half the workforce. But a lot of people realise they

:13:19. > :13:24.have to work until their 70s? People are going to be working less in

:13:25. > :13:30.their 50s than they expect. That is the problem. It is also a problem

:13:31. > :13:36.that if you are losing a job at the moment, you find it much harder to

:13:37. > :13:43.get back in. Looks like we will all be back here in 25 years. I will be

:13:44. > :13:48.here if they let me. That is the papers for the night. Thank you very

:13:49. > :13:53.much. Enjoy your evening. That is it from us. Sportsday, a special early

:13:54. > :13:55.edition because of the World Cup.