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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.