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to that during the course of the evening. Now time to discuss some of
the front pages of tomorrow morning 's newspapers.
will be talking about tomorrow, welcome Susan Boniface and Kieran
Stacey, now let's have a look at the front pages. The Financial Times
says that the governor of the Bank of England has given the strongest
signal so far of a rise in interest rates but it also has a sombre
picture of Dutch military personnel carrying the coffin of one of the
victims of the flight MH17 crash. The Daily Express has news of an
injection that could revolutionise the treatment of arthritis, or even
prevented. Peaches Geldof features on the front page of the daily Star.
The Guardian pictures dancers dressed as cakes during the opening
ceremony of the Commonwealth Games! It also has a report on her chicken
can be contaminated with a deadly bug. And the Daily Mail says two
police chiefs have infuriated the police by opposing whole life
sentences for police killers. The photo is of the Queen, dazzling in
white at the opening ceremony of the common law of games. Let's begin.
Let's start with the Financial Times `` the Commonwealth Games. Susan.
The FT man is here, but let's start with you. He will get his save! He
will. Every story has something to do with economics but this one is,
according to the headline, that fears of a Sheffield the Ukraine
arms race. It is misleading, because all arms races between them more
than one person trying to get arms. These are different sides that would
light weapons. Ukraine already has an army and has weapons at its
disposal, the Russian led separatists, they seem to be armed
with weapons that don't appear to have been locked up in the backyard
quickly as part of a rebel movement that appeared to have come across
the border, could knows what else. And they are suspected of having the
ability to bring down airliners. The story is about the fact that a lot
of weapons are going to the Ukraine, and who is supplying them
fundamentally. It is a short list of one, not difficult to work out where
they are coming from, not some at a race as a mass. Interesting that
this points out that the overall strategy has been to create a proper
army. That's the rebel army. It looks like it will become that. That
is the really terrifying quote. A lot of this we are aware of. One
reason for writing this piece today is two more fighter jets were
brought down by rebel fighters. That brings up the number of planes that
have been downed, including MH17. This wasn't just a one`off incident,
although it was a tragic accident. Because it was a passenger jet. What
the defence Security editor finds when talking to experts is that it
isn't just about Russia giving weapons to the militants for
short`term use of trying to resist the Ukrainian army. It is about
setting up a permanent army to resist and undermine the Ukrainian
government, and that will be a massive problem if that's the case.
They are incredibly well equipped, according to these details. Among
the equipment, dozens of battle tanks, rocket launchers,
self`propelled guns, artillery, infantry combat vehicles, cannons,
personnel carriers, small arms from semiautomatic weapons, and
anti`aircraft systems. This is a huge arsenal. Compare that to Gaza
at the moment, again rebel fighters in an area knocking ab rockets in
there by Garrard and causing a lot of damage to the enemy. ` locking up
rockets in their back yard. Think about the damage being caused by
Hamas in Gaza. This will be a lot worse. The other amazing quote, it's
from Vladimir Putin, who when asked where the weapons came from, said, I
don't know, the shops? The Russian line is, we don't know what they are
up to, they could be buying their weapons in the local shops. Or going
on eBay! Let's stay with you and go to the Governor of the Bank of
England, highlighting a rate rise risk. From the outside it seems that
he flip`flops on this subject. Sometimes he gives strong signals
and sometimes he rows back. He is nicknamed the unreliable boyfriend!
He came in saying he would have forward guidance which meant that
when the unemployment rate dipped in certain amount people would think
seriously about raising interest rates. That happened, yet interest
rates stay low. Then we have members of the monetary policy committee
coming out, saying it is high time that interest rates began to rise,
there might be a problem. I'm sorry to interrupt you but it's unusual,
because we've got the Commonwealth Games opening ceremony going on.
We'll come back to you. Terrific to see him here. We've got a mighty
team. Some brilliant