03/04/2016 The Papers


03/04/2016

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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Transcript


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Hello and welcome to our look ahead to what the papers

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With me are Charlie Wells, the European Features Reporter

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of the Wall Street Journal and John Rentoul, the Chief Political

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The Guardian has story of the Panama Papers, focusing on what it calls a

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$2 billion dollar trail of offshore deals that leads to President Putin.

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How the rich hide their money, the I splashes on the Panama Papers

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tax havens scandal, and calls for Iceland's Prime Minister to

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British steel to rise from the ashes says the Telegraph,

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leading on news of a possible buyer for Tata's plant in Scunthorpe.

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According to the Mirror, it's time for Business Secretary

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Sajid Javid to say Tata over his handling of the steel crisis.

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The Times warns of chaos on Europe's borders,

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as a string of problems threatens plans to return migrants to Turkey.

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The Daily Mail says white British pupils are being overtaken at school

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by children from other ethnic groups by the time they sit their GCSEs.

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And the Independent's cover star is the jubilant West Indies all-rounder

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Carlos Braithwaite, celebrating victory against England

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Starting with the Panama Papers, which is causing such a fuel

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alternate. -- furore. 11 million documents have been leaked. It is

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the offshore network that made the Russian President and his friends

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famously wealthy, not just Russians but a great international lineup of

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important people? Right now it reads like a bad paperback. There are some

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questions about politicians here in the UK. We don't know too much

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more. David Cameron's late father had an account. Having an account is

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one thing, it matters what you do with it. He ran some companies that

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were registered in various tax havens. All the papers go out of

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their way to say, there is no suggestion that he did anything

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wrong or illegal. This was mostly to avoid tax rather than to evade tax,

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or to maintain secrecy, confidentiality. There is nothing

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illegal about that. The legality issue seems to be when somebody who

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holds money in an account wants to access it secretly, so there are

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ways that they can get other people to claim the money as there is yes,

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to claim the money as there isyes, yes,. There is the darker end of it,

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which is what President Putin's friends seem to have been involved

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in -- theirs. I have read six and a half million documents, we split

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them up. We are completely across this story now! Any more questions,

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we can definitely answer them. I am very grateful! The question is, what

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do we do about it? It has been suspected that transactions like

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this have been going on for years. This is the first time that we seem

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to have such a huge amount of evidence. It is an enormous number

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of documents. I think we will get more stories over the coming week, I

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am very interested to see how the Russians respond. President Putin is

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very popular in the country, he is pushing for the

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de-off-shore-isation... Say that in Russian! He seems to be doing the

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complete opposite. How the rich hide their money. The suggestion that

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large amounts of money has found its way into corrupt regimes? That's

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right. And that corrupt regimes have managed to export money to save, and

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I must place is so that they can access it later. It is interesting

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that the first casualties seems to be the Prime Minister of Iceland. I

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don't think he has resigned yet, but he is certainly having

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difficulties. He had to walk out of an interview which doesn't suggest

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that things are going well. He seems to have been a little bit economical

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with the facts of his financial interests. There will be more

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stories like that in the days to come. World leaders caught in

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offshore data leak, that is how the daily Telegraph are reporting it. --

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Daily. The Icelandic Premier had transactions that failed and we

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won't aware of that? I don't know how surprised people are. We have

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been hearing about this so much, but we haven't found a solution. We

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talked about how it is a multinational problem, how do you

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solve something on such a huge scale? Having leaks like this will

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act as a huge disincentive to people to put their money into tax havens.

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They are like leeks in a dam, you push one and you get another.

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Staying with the Telegraph, financiers to bail out Tata despite

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government chaos? It seems there may be an Indian tycoon who may strike a

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deal regarding Port Talbot. This story focuses on Scunthorpe? --

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leaks. That's right. In thinking about the solution to the steel

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crisis, there has been a suggestion that one company could purchase all

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of Tata's assets. I think for the average person who has one of these

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jobs, it's quite frightening. You don't see a complete solution for

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Tata. It's also how they can keep going when a company of their size

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was losing ?1 million a week. I think this is an indication of the

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way things are going. It is going to be... The Tata operation will be

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broken up into its constituent parts. The British industry has been

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drinking for some time. -- sinking. They are just trying to hold back

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the forces of economic gravity. In the end, they will have to get

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smaller. There are cheaper steel options, not just in China. The

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Business Secretary caught out about this steel debacle? He hasn't

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handled it very well. I think the Labour Party has slightly overplayed

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its hand in calling for resignation. Jeremy Corbyn called Fort George

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Osborne to resign, just because he got something wrong in the budget.

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Now they are calling for Javid to resign. They abandoned a policy, in

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a sense. Calling for the Chancellor to resign was rhetorical, really,

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rather than anything else. So is this. Javid shouldn't have been in

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Australia while Carter was having their board meeting, but the talks

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go on behind the scenes as we have seen some evidence of, with possible

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buyers. Order chaos threatens deal to deport migrants, this is the deal

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which is coming and tomorrow, anyone who doesn't claim asylum in Greece

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or who has that claim rejected has to be sent back to Turkey if that is

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where they have come from. Nobody seems to be ready for this? No, it

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is thought of a precursor to what is to come. There have been signs in

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these countries, you are moving someone who has paid thousands of

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pounds to come across the sea, they are returning to the way they do

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want to go. It is also an infrastructure issue, a lot of these

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centres were constructed perhaps not for this huge influx, perhaps not

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for this long amount of time. It will be really hard to deal with. As

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of yesterday, the place they were going back to is just a field --

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was. There was a deal done at the highest level between Turkey and the

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EU, without any infrastructure in place to actually deliver it and

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make sure it works. Daily Mail, betrayal of white pupils. I is 16,

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white children lag behind 12 other ethnic groups. This seems to boil

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down to parents not being as supportive and aspirational,

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according to this article? It is truly a story about class, rather

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than race. I think the problem of schools for working-class white

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boys, in particular, they are known to be the most underperforming

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group. Middle-class white boys and girls do as well as any other group.

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I wonder how many people will feel that betrayal is the right word. For

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a long time, there have been grave concerns about young black man not

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doing well. One of the point that the story makes is that schools seem

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to be spending more time with non-English-speaking students,

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perhaps devoting more time and resources to them. Perhaps that

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overtime could lead to better performance compared to white

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people. That is the daily may betray all for you. I do think that is a

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gross simplification -- the Daily Mail. Do they say that the resources

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should be reallocated? As the Daily Mail also says, the children of

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immigrants do tend to come from families who value education very

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highly. It is much more a question of family culture rather than

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resources, I think. On the Daily Mail, something about the At his?

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Please forgive us if you have not listened to this evening's addition,

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we will spoil it for you -- Archers. Charlie has only lived here for a

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year but you are already familiar with the Archers? It's an

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institution. We have had the first murder in 65 years! It almost broke

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Twitter. I can't say that I am a devoted Archers listener, but from

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the information I have gathered, this sort of melodramatic plot twist

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is not necessarily surprising. Is it a matter? She stabbed him, Helen

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stubbed Rob. Some deaths are not... They are not uncommon on the show --

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murder -- stabbed. Some people have really objected to this as a

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storyline. An everyday tale of country folk. Other people have

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argued that domestic abuse happens in all types of families, so why

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not? It's important to talk about, it could be a good conversation

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starter. Some very funny comments have been made. If you haven't heard

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it, you can go back and find out. We will hopefully find out tomorrow

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whether Rob is dead or alive. Finishing with something else that

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is very English, you may not be quite as familiar with the cricket.

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You are doing very well! I have good tutors. Very unfortunately, the

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English team has not won, the West Indies have one. -- won. A huge,

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surprising upset, sort of a home-run. Sort of like American

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football where the whole game sometimes changes in the last few

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seconds. In American football, you have the advantage of stopping the

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clock. Carlos Braithwaite scored four sixes in a row, which was

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amazing. Coming up next,

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it's The Film Review.

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