11/02/2016 The Papers


11/02/2016

No need to wait to see what's in the papers - tune in for a lively and informed conversation about the next day's headlines.


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from Sunderland and we will tell you who is in and out ahead of another

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Six Nations weekend. First, here is The Papers.

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Welcome to the look ahead of what the papers will bring us tomorrow.

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With us, broadcaster Penny Smith and the economics editor for the Daily

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Telegraph Liam Halligan. And the front pages...

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The Guardian says junior doctors will fight on in their dispute

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with the Health Secretary Jeremy Hunt, despite the imposition

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The Metro has a helpful suggestion for Google executive

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Matt Brittin - who told a parliamentary committee he didn't

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know how much he earned - perhaps he should try 'googling' it.

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The Financial Times leads with what it describes as 'turmoil'

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The migrant crisis is on the front page of the Times -

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it says Turkey has warned it will open the gates and let millions

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And the Telegraph warns David Cameron that he could risk

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a Tory split if he ignores party members over Europe.

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We will start with The Guardian, doctors bowing to fight on after

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Jeremy Hunt imposes the new contract. Saturday will be a core

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part of working hours for NHS medics. An imposition of a contract

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is never a good thing for the employer or employee, a sign that

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things have broken down. Certainly not, Jeremy Hunt will impose

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conditions from August, making Saturday into quarter hours. From

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his point of view the move to a seven-day NHS was in the

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Conservative manifesto. From the point of view of many doctors,

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particularly 45,000 junior doctors in England, where this will apply,

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it is horrific, an imposition, it's not fair. Two months of

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negotiations, two strikes, operations cancelled, the next move

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now for doctors to carry on, really, will be an all out strike,

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potentially, which was hit emergency care, then I think the political

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geometry of this would change. I think the public support would

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definitely follow way, I think, if you are talking about people going

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in for emergency surgery. Still a lot of sun Jilly -- sympathy for

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junior doctors. I think so, and people saying, hold on, you have

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this might fabric and our stretching it further without putting anything

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in there. If he imposed this in five years, when you had the doctors

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coming through, you could understand it, but now, with what you have at

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the moment, to stretch it more... But this has been in the pipeline

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for years already. These changes. It has, and it was well flagged up in

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the last Parliament. A very bold and visible manifesto pledge. And then

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as far as the Health Secretary is concerned, the won the election and

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have the mandate to do this. If there was an like straight, I am not

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saying the British Medical Association is saying that. But how

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about the Hippocratic oath to do no harm? It would be very difficult and

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you might see more people leaving the NHS here and going elsewhere.

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Other parts of the UK, Australia's game, Canada's game. And all those

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university degree wasted. And it turns out I'm state was right,

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gravitational waves exist. -- and it turns out Albert Einstein was right.

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I don't understand this. I love this story! I forgot to bring in the

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Daily Telegraph, which explains. It is a huge vacuum tube, you imagine

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Heath Robinson wielding this. And it was switched on at just the right

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time, there never was this cherub noise. And whopping great black

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holes, and the amount of energy when those crash together, more than

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others stars put together, and waves coming towards us. This must be how

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it feels when I talk about economics! LAUGHTER What's going on?

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According to this, the discovery of gravitational waves, ripples in

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space-time, a la landmark in physics and birth of a new field in

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astronomy. But it is! Highly exciting! Difficult to prove wrong,

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so they must be right. The same so they must be right. The same

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signal was detected in instruments, in space, proving you have this real

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gravitational wave. Like the final collision and the dark final murder,

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like me eating pudding! We will continue area of expertise in a

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moment, Leon. And we turn to the Metro, about the boss of Google,

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Mark Brittin, asked four Times how much he earned. And he failed to

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give an answer. But no one in Britain likes to answer high much is

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errand. But he could have predicted this would be asked? People do not

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like to answer high much the -- how much they earn. It is all to do with

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share options, bonuses, which may be difficult. You might have to do some

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sums. He said he will provide some details, not really saying he

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wouldn't. And the chairperson of the Commons Public Accounts Committee, a

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little bit of grandstanding by her, you are living on a different planet

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to most. Maybe just doing her job? I am beginning to lose my patience

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with you. Let's go back to the proper thing with this, which is...

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Change the law that you want people to pay more tax. They paid not .5%

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of tax. -- 0.5%. Not enough, not as much as everybody else. And a little

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thought to the Financial Times, not wanting we do think that Penney

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hopped the shore! I am like an enormous black call radiating

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energy! Fear into global markets. Liam, take it away! We have seen in

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January some of the worst swings financial markets for many many

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years. It seems to be going on into February. We are in danger of what

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analysts call negative feedback loop, so the markets get body

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thinking there is an economic downturn coming, then the downturn

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itself is caused by the fact that is so much market volatility. And it is

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partly about confidence. And another word beginning with C, credibility.

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Credibility or central banks, for many years, particularly the western

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world, it has printed lots of money and bumped liquidity into markets.

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About Quantitative Easing? Yes, people relying on the fact that

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central banks can always pump markets up, make them recover as and

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when they want to, but now that faith is starting to slip, you've

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got good if the year-end stocks fell 63% in a single day, billions of

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pounds. Yes, we are now officially in our bear market, not the ones

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that eat honey and live in the words. But they are 20% from their

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previous peaks. We are back to gravitational waves. Pretty serious

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stuff, Sweden with increasingly negative interest rates, commercial

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banks being charged to keep money. And moving on to the Times. Turkey

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threatens Europe with the millions of migrants. They have 3 billion

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euros to help with the migrant issue and seem to get some praise for how

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they have housed a lot of migrants coming from Syria. So far, and that

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is the thing. Some talk about Turkey saying goodbye to migrants and

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moving on to Europe. We do not have idiot written on our foreheads, he

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said, but will be patient and don't think the buses and planes are not

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there for nothing. Astonishing numbers, Turkey has taken in 3

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million refugees, three times the size of Birmingham, many from Syria,

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and what they are saying now is the UN says it spent so much, the

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president of Turkey claims only half $1 billion has been spent tackling

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this crisis of international money in Turkey. Turkey acting as a

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buffer, he is saying, and unless you help us more than this and give us

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what we want, we will open the gates. Shame on you, said the

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president, to the UN. And the piece also said that Russia warns of a new

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bottle or if Gulf states sending ground troops to -- once of the New

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World order. That is if Gulf states sending ground troops to help in

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Syria. More refugees fleeing from President Assad, crossing from

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Turkey, into Greece, which is the European Union. And people smugglers

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making a lot of money. Finally, the Daily Express, proved we are living

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longer. What is this proof? A man of 75 can expect to live another ten

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years. In other words, 98 is the new whatever! The new 45! LAUGHTER It is

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not only lower infant mortality, better medicine, vaccinations. And

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all those other things. And safety in the workplace. Health and safety!

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And of all the people who come on, you two are the most difficult to

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marshal. We will be back again at 11.30. You come to work when you

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know we will be here. They usually lie to me and see it will be someone

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else. And coming up

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