03/04/2016

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:00:13. > :00:15.Hello and welcome to our look ahead to what the papers

:00:16. > :00:20.With me are Charlie Wells, the European Features Reporter

:00:21. > :00:23.of the Wall Street Journal and John Rentoul, the Chief Political

:00:24. > :00:32.The Guardian has story of the Panama Papers, focusing on what it calls a

:00:33. > :00:39.$2 billion dollar trail of offshore deals that leads to President Putin.

:00:40. > :00:42.How the rich hide their money, the I splashes on the Panama Papers

:00:43. > :00:45.tax havens scandal, and calls for Iceland's Prime Minister to

:00:46. > :00:51.British steel to rise from the ashes says the Telegraph,

:00:52. > :00:59.leading on news of a possible buyer for Tata's plant in Scunthorpe.

:01:00. > :01:01.According to the Mirror, it's time for Business Secretary

:01:02. > :01:04.Sajid Javid to say Tata over his handling of the steel crisis.

:01:05. > :01:06.The Times warns of chaos on Europe's borders,

:01:07. > :01:13.as a string of problems threatens plans to return migrants to Turkey.

:01:14. > :01:16.The Daily Mail says white British pupils are being overtaken at school

:01:17. > :01:21.by children from other ethnic groups by the time they sit their GCSEs.

:01:22. > :01:24.And the Independent's cover star is the jubilant West Indies all-rounder

:01:25. > :01:25.Carlos Braithwaite, celebrating victory against England

:01:26. > :01:49.Starting with the Panama Papers, which is causing such a fuel

:01:50. > :01:54.alternate. -- furore. 11 million documents have been leaked. It is

:01:55. > :01:59.the offshore network that made the Russian President and his friends

:02:00. > :02:04.famously wealthy, not just Russians but a great international lineup of

:02:05. > :02:11.important people? Right now it reads like a bad paperback. There are some

:02:12. > :02:18.questions about politicians here in the UK. We don't know too much

:02:19. > :02:23.more. David Cameron's late father had an account. Having an account is

:02:24. > :02:28.one thing, it matters what you do with it. He ran some companies that

:02:29. > :02:34.were registered in various tax havens. All the papers go out of

:02:35. > :02:39.their way to say, there is no suggestion that he did anything

:02:40. > :02:45.wrong or illegal. This was mostly to avoid tax rather than to evade tax,

:02:46. > :02:50.or to maintain secrecy, confidentiality. There is nothing

:02:51. > :02:58.illegal about that. The legality issue seems to be when somebody who

:02:59. > :03:01.holds money in an account wants to access it secretly, so there are

:03:02. > :03:07.ways that they can get other people to claim the money as there is yes,

:03:08. > :03:12.to claim the money as there isyes, yes,. There is the darker end of it,

:03:13. > :03:19.which is what President Putin's friends seem to have been involved

:03:20. > :03:25.in -- theirs. I have read six and a half million documents, we split

:03:26. > :03:29.them up. We are completely across this story now! Any more questions,

:03:30. > :03:35.we can definitely answer them. I am very grateful! The question is, what

:03:36. > :03:38.do we do about it? It has been suspected that transactions like

:03:39. > :03:42.this have been going on for years. This is the first time that we seem

:03:43. > :03:48.to have such a huge amount of evidence. It is an enormous number

:03:49. > :03:53.of documents. I think we will get more stories over the coming week, I

:03:54. > :03:58.am very interested to see how the Russians respond. President Putin is

:03:59. > :04:07.very popular in the country, he is pushing for the

:04:08. > :04:16.de-off-shore-isation... Say that in Russian! He seems to be doing the

:04:17. > :04:20.complete opposite. How the rich hide their money. The suggestion that

:04:21. > :04:28.large amounts of money has found its way into corrupt regimes? That's

:04:29. > :04:32.right. And that corrupt regimes have managed to export money to save, and

:04:33. > :04:36.I must place is so that they can access it later. It is interesting

:04:37. > :04:40.that the first casualties seems to be the Prime Minister of Iceland. I

:04:41. > :04:46.don't think he has resigned yet, but he is certainly having

:04:47. > :04:49.difficulties. He had to walk out of an interview which doesn't suggest

:04:50. > :04:54.that things are going well. He seems to have been a little bit economical

:04:55. > :05:00.with the facts of his financial interests. There will be more

:05:01. > :05:04.stories like that in the days to come. World leaders caught in

:05:05. > :05:16.offshore data leak, that is how the daily Telegraph are reporting it. --

:05:17. > :05:20.Daily. The Icelandic Premier had transactions that failed and we

:05:21. > :05:25.won't aware of that? I don't know how surprised people are. We have

:05:26. > :05:28.been hearing about this so much, but we haven't found a solution. We

:05:29. > :05:35.talked about how it is a multinational problem, how do you

:05:36. > :05:39.solve something on such a huge scale? Having leaks like this will

:05:40. > :05:46.act as a huge disincentive to people to put their money into tax havens.

:05:47. > :05:53.They are like leeks in a dam, you push one and you get another.

:05:54. > :06:01.Staying with the Telegraph, financiers to bail out Tata despite

:06:02. > :06:08.government chaos? It seems there may be an Indian tycoon who may strike a

:06:09. > :06:15.deal regarding Port Talbot. This story focuses on Scunthorpe? --

:06:16. > :06:19.leaks. That's right. In thinking about the solution to the steel

:06:20. > :06:29.crisis, there has been a suggestion that one company could purchase all

:06:30. > :06:34.of Tata's assets. I think for the average person who has one of these

:06:35. > :06:40.jobs, it's quite frightening. You don't see a complete solution for

:06:41. > :06:47.Tata. It's also how they can keep going when a company of their size

:06:48. > :06:51.was losing ?1 million a week. I think this is an indication of the

:06:52. > :06:59.way things are going. It is going to be... The Tata operation will be

:07:00. > :07:09.broken up into its constituent parts. The British industry has been

:07:10. > :07:14.drinking for some time. -- sinking. They are just trying to hold back

:07:15. > :07:21.the forces of economic gravity. In the end, they will have to get

:07:22. > :07:34.smaller. There are cheaper steel options, not just in China. The

:07:35. > :07:40.Business Secretary caught out about this steel debacle? He hasn't

:07:41. > :07:43.handled it very well. I think the Labour Party has slightly overplayed

:07:44. > :07:47.its hand in calling for resignation. Jeremy Corbyn called Fort George

:07:48. > :07:57.Osborne to resign, just because he got something wrong in the budget.

:07:58. > :08:05.Now they are calling for Javid to resign. They abandoned a policy, in

:08:06. > :08:10.a sense. Calling for the Chancellor to resign was rhetorical, really,

:08:11. > :08:15.rather than anything else. So is this. Javid shouldn't have been in

:08:16. > :08:21.Australia while Carter was having their board meeting, but the talks

:08:22. > :08:29.go on behind the scenes as we have seen some evidence of, with possible

:08:30. > :08:33.buyers. Order chaos threatens deal to deport migrants, this is the deal

:08:34. > :08:38.which is coming and tomorrow, anyone who doesn't claim asylum in Greece

:08:39. > :08:42.or who has that claim rejected has to be sent back to Turkey if that is

:08:43. > :08:48.where they have come from. Nobody seems to be ready for this? No, it

:08:49. > :08:55.is thought of a precursor to what is to come. There have been signs in

:08:56. > :09:00.these countries, you are moving someone who has paid thousands of

:09:01. > :09:04.pounds to come across the sea, they are returning to the way they do

:09:05. > :09:07.want to go. It is also an infrastructure issue, a lot of these

:09:08. > :09:11.centres were constructed perhaps not for this huge influx, perhaps not

:09:12. > :09:16.for this long amount of time. It will be really hard to deal with. As

:09:17. > :09:25.of yesterday, the place they were going back to is just a field --

:09:26. > :09:29.was. There was a deal done at the highest level between Turkey and the

:09:30. > :09:33.EU, without any infrastructure in place to actually deliver it and

:09:34. > :09:41.make sure it works. Daily Mail, betrayal of white pupils. I is 16,

:09:42. > :09:45.white children lag behind 12 other ethnic groups. This seems to boil

:09:46. > :09:53.down to parents not being as supportive and aspirational,

:09:54. > :10:03.according to this article? It is truly a story about class, rather

:10:04. > :10:06.than race. I think the problem of schools for working-class white

:10:07. > :10:12.boys, in particular, they are known to be the most underperforming

:10:13. > :10:16.group. Middle-class white boys and girls do as well as any other group.

:10:17. > :10:21.I wonder how many people will feel that betrayal is the right word. For

:10:22. > :10:26.a long time, there have been grave concerns about young black man not

:10:27. > :10:31.doing well. One of the point that the story makes is that schools seem

:10:32. > :10:35.to be spending more time with non-English-speaking students,

:10:36. > :10:38.perhaps devoting more time and resources to them. Perhaps that

:10:39. > :10:43.overtime could lead to better performance compared to white

:10:44. > :10:53.people. That is the daily may betray all for you. I do think that is a

:10:54. > :10:59.gross simplification -- the Daily Mail. Do they say that the resources

:11:00. > :11:03.should be reallocated? As the Daily Mail also says, the children of

:11:04. > :11:07.immigrants do tend to come from families who value education very

:11:08. > :11:15.highly. It is much more a question of family culture rather than

:11:16. > :11:19.resources, I think. On the Daily Mail, something about the At his?

:11:20. > :11:25.Please forgive us if you have not listened to this evening's addition,

:11:26. > :11:30.we will spoil it for you -- Archers. Charlie has only lived here for a

:11:31. > :11:34.year but you are already familiar with the Archers? It's an

:11:35. > :11:44.institution. We have had the first murder in 65 years! It almost broke

:11:45. > :11:48.Twitter. I can't say that I am a devoted Archers listener, but from

:11:49. > :11:56.the information I have gathered, this sort of melodramatic plot twist

:11:57. > :12:07.is not necessarily surprising. Is it a matter? She stabbed him, Helen

:12:08. > :12:20.stubbed Rob. Some deaths are not... They are not uncommon on the show --

:12:21. > :12:27.murder -- stabbed. Some people have really objected to this as a

:12:28. > :12:30.storyline. An everyday tale of country folk. Other people have

:12:31. > :12:34.argued that domestic abuse happens in all types of families, so why

:12:35. > :12:41.not? It's important to talk about, it could be a good conversation

:12:42. > :12:48.starter. Some very funny comments have been made. If you haven't heard

:12:49. > :12:56.it, you can go back and find out. We will hopefully find out tomorrow

:12:57. > :13:00.whether Rob is dead or alive. Finishing with something else that

:13:01. > :13:07.is very English, you may not be quite as familiar with the cricket.

:13:08. > :13:15.You are doing very well! I have good tutors. Very unfortunately, the

:13:16. > :13:24.English team has not won, the West Indies have one. -- won. A huge,

:13:25. > :13:27.surprising upset, sort of a home-run. Sort of like American

:13:28. > :13:31.football where the whole game sometimes changes in the last few

:13:32. > :13:38.seconds. In American football, you have the advantage of stopping the

:13:39. > :13:39.clock. Carlos Braithwaite scored four sixes in a row, which was

:13:40. > :13:44.amazing. Coming up next,

:13:45. > :13:46.it's The Film Review.