17/02/2016 The Papers


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

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Cardiff that eventually cost Shaun his place. -- the miscue.


Hello and welcome to our look ahead to what the the papers will be


With me are Cassell Bryan-Low from the Wall Street Journal


and Ben Chu the Economics Editor at the Independent.


Tomorrow's front pages...starting with...


Considering what you both specialise in, the Financial Times, it is a


very good place to start, and not Europe. Would you like to start us


off, the Fed, fretting over the risks to the US economy, one


question, haven't we known about this for ages? What is new today is


that they have released the minutes from their discussions in January,


watch that reveals, is that the Fed officials struggled with uncertainty


about the outlook both for inflation and the economy and they seemed to


fall into two camps, one who thought that there were risks emerging for


the economy and another camp who were wait and see. What do you read


into this, even more pessimism? It is pessimism but they are reflecting


the mood in the markets, this was not new, Janet Yellen was up before


Congress and she said pretty much what these minutes say. What is


really interesting is what the markets are saying about the rate


rises, not so long ago they thought rises, not so long ago they thought


that there would be four rate rises and now they think there will be


none. That is a reflection of how much the markets think the Fed will


be spooked by all of the sell-offs in the commodity markets and


interest rates will stay much lower than they were thinking one month


ago. We see the actual financial markets bouncing up in the last few


days, quite surprisingly to me, will that go on all will it spooked them


and they will go down the other way? What we have seen in the last few


days was a correction after very heavy losses, so it is a sign that


there are some investors out there who feel that there is some bottom


fishing to be done. Bargain-hunting. Same thing, but my guess is is that


we will see a lot more volatility to come and I don't think we have seen


you end of it. This is all about Apple refusing to unblock one


iPhone, but they would argue it is not just one iPhone, if you unblock


one of them then you unblock all of them. That is the argument that the


head of Apple is making, he says that it may seem like a very


sensible thing, there is a terrorist who shot up a place last year and


you want to go into the phone and find out what the links are. But


precisely that, if you do one, you do them all potentially. And whose


hands could this be in? You may trust the government today but who


will be the government next year will future is, it is a very Dane


Coles president, they are effectively being asked to hack all


of their users. It is something that affects a huge number of people. Is


the technology not already there to deal with it phone by phone? Rather


than affecting everybody? I think the principle is the nature of


software, if you unlock one version of it, it applies to all phones.


What is interesting is that it is not just a debate in the US, but it


is in the UK, where intelligence officials are saying that this kind


of encryption is making their job a lot harder, you will have the US


technology companies making the same point, that it is about protecting


the privacy and security of the customers, there is a bunch of


criminals who are trying to hack our phones all of the time so it is


difficult. Let us whiz on, we cannot get away from Europe. Daily


Telegraph. Angela Merkel looking particularly fierce. Deal or no


Deal? Bring us up to date with what the Telegraph is saying. This is the


story about David Cameron is about to enter 48 hours of talks to secure


the deal on his arms on a change relationship. He has had a mixed


day, Angela Merkel made it very helpful intervention saying that the


British demands were justified. Meanwhile in a reminder of the


battle he faces, even after he secures this deal, he still has too


convinced the British public which in many ways will be a much bigger


back. We go to the front page of the garden, I suppose there is somebody


who wants to persuade, Boris Johnson. Wearing a hat which makes


them look like you should be on an underground station. This is the


business, there are things going on in the Tory party that makes things


going on in Brussels pedestrian. Yes, you would almost think that the


fate of your arrests in the hands of Angela Merkel and Boris Johnson,


Angela Merkel has made a helpful intervention and him somewhat less


so. He is parading around Downing Street, being equivocal about


whether he will back the deal or not. The Tory grassroots and the


Eurosceptic wing, are hoping that he will be their leader. But he is


still sitting on the fence. So Cameron has a lot of battles to


fight, Yaz got a battle to fight in Brussels to get over the line -- he


has got. Then he has too convinced his own party, that he has got a


good deal. A battle on multiple fronts. There is talk of a plan B in


case things go wrong in Brussels? The hope is still that everyone


reaches a deal this week, but there are issues that remain, we have


British officials saying over the last couple of days that if they


don't reach a deal this week, it will be maybe several weeks before


EU leaders can get together again that will derail hopes of having a


referendum in June. And the front page of the metro, something to make


a shiver. It is a radioactive theft? It is an eye-catching headline that


suggests that Daesh or Islamic State has stolen a stash of nuclear


material, on closer inspection it does seem to be a little Finlay --


thinly sourced. It does not have a more specific attribution but


clearly this is something that everyone is concerned about, they


appear to have access to chemical weapons before, getting something


that they could make a dirty bomb out of us... It is interesting, they


don't even use the term Isis, good for them. They say that Daesh has


used chemical weapons in the past, did I miss that? When have they been


using chemical weapons? Poison gas maybe? Certainly in the Syrian Civil


War they have been used and there is dispute about who used them. But


this is not a story that has been picked up by many other news


outlets, it seems a bit odd, that a US owned oil plant would have


nuclear material in it in Iraq, we should take these things very


seriously, but you need to find a lot more about this before you start


drawing firm conclusions. OK so let us go to the i. This is a story that


may have moved everybody terribly, we have seen the headline, the


meningitis vaccine plea wins huge support. People might not know. It


is the most unbelievably sad story. It is a two-year-old girl, she


caught meningitis B, after 11 days she died on Valentine's Day. Now her


mother has publicised a picture of her, a dramatic picture of her


before she died, to raise awareness for the campaign, she wants a


meningitis B vaccine to be made available to all children. At the


moment, it is up to those of one years old, but her daughter was two


when she caught it. It has record fire online, huge numbers of people


have signed up and have called for the government and the NHS to make


it available. Tricky, because stocks of its hollow block with this degree


of public feeling, you would have two suspects. Do you have children?


With the mother of a glossier old boy strikes close to home. A lot of


credit to parents, at an extremely difficult time to have the strength,


to publicise the issue. We have had a few stories about meningitis in


the papers, it has helped to raise awareness. There is a story a little


while ago, a small child, the signs of meningitis were missed, so it is


good to raise awareness for it. To you think this is the way to go for


it? It is going to be very difficult to ignore it, there are lots of


medical issues around. And the NHS is strapped for resources, they are


already being cutting edge by offering this in the first place.


One of the first countries to offer that, and clearly they had to make


some decisions about priorities, it is very difficult. Bendy you have --


then do you have children? Yes, for parents this will be a very emotive


story. I'm surprised not to see it in the front pages, maybe it will be


later. We will have a chance to look at the other front pages later on.


Thank you very much indeed. That is it from the papers for this hour, we


will be back at half past 11 looking at the front pages. Time now on BBC


news for sports stay.


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