02/08/2016 The Papers


02/08/2016

No need to wait until tomorrow morning 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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says the result of tests on samples in March and May 20 15th were

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contradictory. That's all from Sportsday with me, Will Parry.

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Hello and welcome to our look at what the papers will be saying

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tomorrow, with me, Lucy Fischer and Philippa Leighton Jones, city editor

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of the Wall Street Journal. The Financial Times is focusing on

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Barack Obama's unprecedented intervention in the race for the

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White House, he says Donald Trump is unfit to become president. The metro

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beads on a warning that petition banks could collapse in a future

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financial crisis. The Times says health officials have warned that

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children with cystic fibrosis will be denied a drug to help them

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breathe after the High Court ruled that the NHS should pay for a bill

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to prevent HIV infection. The Daily Express says the UK border agency is

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not equipped to deal with the current wave of migration into

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Europe, while the Guardian says that child refugees are not getting the

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help they need and the Daily male says that culture and surgery may be

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rationed as the NHS is told to pay for a drug to prevent HIV. The

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banking crisis? This is all based on a report from the Adam Smith

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Institute urges a libertarian think tank which, its basic premise is

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that the Bank of England 's stress tests have not been stressful

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enough. Not the first time it said this. It said earlier this year that

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the stress scenarios that these banks are put through not stressful

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at all, more like mildly pessimistic. And now it is rolling

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it out again and said that we had a Europe-wide stress tests and the

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banks did not too badly. That was seven times as bad as the crisis in

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2008 or as the British ones are only twice as bad. There wasn't a pass-

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fail in the recent stress tests but of the British banks Barclays Bank

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came close to a questionable level but even so it could withstand it.

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Is this overblown, then? I think they are looking at a bigger issue.

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There is a big issue that needs to be looked at, which is that banks

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are not that profitable any more. Not as profitable as they were

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before the financial crisis. That is partly because interest rates have

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been brought way down, which hurts banks and makes the most profitable

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because they cannot charge as much. So much regulation has been imposed

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and banks that they cannot be as profitable as they were before so...

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Lucy, banks not making as much money as they did before. I'm weeping. The

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nation is weeping! I can tell! That's right, people would

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necessarily have much sympathy with bankers, who maybe not making as

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much money and bonuses may have been clamped down on but it is still

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stressful... We might get interest rates cut on Thursday. Super

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Thursday is what we looking forward to in Westminster, it will form the

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backdrop to the most important Autumn Statement in the. The Daily

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male. They report on what they call skewed sense of values. Vital

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cataract surgery rationed as the NHS is told to give money to funding and

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HIV drug. We saw this in the last administration, the cancer drug fund

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which people said would take money away from other things and this is

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even more controversial, and HIV prevention drug, many people might

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say that 10,000 gay men who will get this daily pill to prevent the

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infection, maybe they could use condoms instead? Others will argue

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that different drugs will lose out. It isn't just gay men. Of course

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not. There is a higher risk with gay men. I understand that the High

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Court ruling is specifically about daily pills for a high-risk

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community but of course you are right. The Times has highlighted the

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fact that children, cystic fibrosis drugs funding will be cut, cataract

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surgery will be rationed on the back of this decision. Phillipa, Mice

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will make the ultimate decision and decide whether or not this Prep pill

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is economically viable for the NHS. So ultimately they will decide. Is

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this kind of FrontPage and at affecting that debate within Nice?

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Probably. The point is, these won't be the last comparisons drawn. There

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will be cancer drugs and all other kinds of treatment is drawn into

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this debate. What is being argued here is that the prevention will

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save over ?300,000 a year over the course of a lifetime. So actually,

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you are putting a sort of... It's difficult. Is there any analysis of

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long-term saving on this page? Are you shocked by that? It's in The

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Times. Being facetious. Cameron is to give up the fight for

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millionaires's peerages. His final honours list leaked. One man has

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already taken himself of the list without being confirmed if that

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makes sense. Two stories breaking, this exclusive on the front of the

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times that Cameron will step back from the former Tory treasurer who

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raised millions of pounds for the party, Cameron allegedly wanted to

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reward him with a peerage, the Lords appointments committee has flagged

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up issues to do with Michael Spencer's company and it has run

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into regulatory bodies. So it is interesting that this may not go

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ahead although it seems to me that the damage is done, the row over

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cronyism is an full throttle. It's the same story we have twice a year

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with the New Year Honours and the Queen's Birthday Honours. This is an

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extra level of murkiness with the Prime Minister rewarding almost 50

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aids, allies, and donors. The suggestion, Phillipa, is that if you

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are a leader and you leave office you give out these gongs to repay

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debts that you have built up over your time in office. And Mr Cameron

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has clearly felt that he has a lot of debts he needs to sort out. A lot

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of IOUs. And this potential recipient has done an awful lot of

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fundraising for the party, he has done the philanthropy part as well.

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But the crucial thing is, his company was heavily involved in a

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libel scandal. On the East individuals at the company well.

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Michael Spencer wasn't embroiled in that himself -- or at least

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individuals at the company were. And it's become embroiled in other rows

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of regulators, very damaging for the City of London. So then it looks

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difficult for David Cameron to give a peerage for this especially when

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you are considering this like Sir Philip Green and his knighthood and

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the reputational damage that comes with these things. OK. Onto the

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Daily Express. EU's migrant crisis, Saul, British Borders facing threat

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from terrorists and smuggling gangs. This is a new report by MPs warning

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that there are only three patrol boats guarding our island nation.

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It's not exactly new that security has been downplayed although we

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don't have a US log in, log and system with whoever comes in through

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conventional port and air. So the idea of beefing up channel security

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for people that might be coming across in dinghies is by the by.

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Home-grown terrorism is as much a threat as foreign as we have seen

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from recent attacks on the continent. Interesting that today is

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the day, given this headline that the new EU commissioner from the UK

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will head up the EU's terrorism force. And interesting remit for

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him. This is an EU - wide issue, not just our problem, Angela Merkel is

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facing the ramifications of letting in migrants and operating that

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open-door policy with migrants last year. And the fallout after that. We

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have seen in the past few weeks. As Lucy said, home-grown terrorism,

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this radicalisation can be done online as easily as it can through

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an open border or an open port. So yes, it is problematic and this is a

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big problem for the government and the new EU Commissioner on top of

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what is probably not the best job in the EU at the moment. OK. To the

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Financial Times. Obama brands Trump not heard from presidency. He is

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calling upon Republicans to vote for Hillary Clinton! -- he has branded

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Trump not fit for the presidency. This is an unprecedented move. Yet

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as Barack Obama has made clear, he stood against Mitt Romney and John

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Maclean, he never made any such comment, that John McCain, although

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he did not agree with their policies but with the comments that Donald

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Trump has made, now getting into a row with the parents of a Muslim

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serviceman killed in Iraq, it's the final straw for some people. The

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first member of Congress for the Republicans has said that he will

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vote for Mrs Clinton. But he cannot stomach Donald Trump. As President

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Obama said, this is not an occasion we have an episodic gaffe, this is

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daily. This issue with the parents of the Muslim soldier has obviously

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galvanised this position. But we are still three months from the

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election, and while he might be trying to persuade Republicans at

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this point that they might forget about this episode, this particular

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gaffe, at this point in time, by the time the November election comes

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around... The debates are going to be fascinating. It will be

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absolutely fascinating. I'm interested to see that since the

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conventions last month the opinion polls are moving in favour of

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Hillary Clinton are so perhaps this of the match predicted implosion...

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These impressions have been predicted for months and it hasn't

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happened. It's interesting that Barack Obama is not making a

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political point, as you say, Lucy. He talked about Mitt Romney and

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about John McCain, Republican rivals, who ran against him for the

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White House but he makes it clear that at no point did he think that

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they were unfit for the job. He clearly genuinely believes that

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Donald Trump is not up to it. Vistas and partisan, this is individual.

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It's about a personality and Trump is a big personality. To the

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Guardian. The sports pages. Thomas Bach hits out at the world and Edo

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and body and its nuclear option over Russian Olympians. -- the world

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anti-doping body. He is the head of the IOC and has been heavily

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criticised for not facing a blanket ban on Russian athletes following

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suggestions of state-sponsored doping across Russian athletic

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boards. He's argued that individual athletes, training so hard, in

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Russia, should not become collateral damage... The clean ones, that is,

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because of a state-sponsored policy. To my mind the mutual recriminations

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between different bodies presiding over the Olympics and the doping

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scandal, it's all quite unsavoury. And the reason we love watching

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sport is because of the sense of fair play, and when that is called

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into question I think it really does turn people off. I think there's a

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sense of disillusionment with the time difference in Brazil and the

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anti-climax of London 2012 here, I wonder if they will be quite as much

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excitement. They have missed this whole thing up, haven't they? Brazil

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itself hasn't done the best job. The IOC said earlier today that they are

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going to be very cautious on awarding the Olympics to a

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developing country in the future because they just don't want to take

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the risk any more. It's been fraught with difficulty. You've still got

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bridges collapsing and the water polluted, the US rowing team have

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had to make special suits for their role as... That's very interesting

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because with your economics hat on, in 2008 when Brazil got the gig for

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Rio, this was an emerging market that was going helter-skelter

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forward. It was the feature, basically! Eight years later, it

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doesn't look like that. But it was the future. So this big discussion

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now as to whether a developing country that might have great future

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prospects, as to whether they should get this kind of gig. The IOC is

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feeling uncomfortable about it. The problem was that its income was

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based on commodities and they've fallen off a cliff. They are not in

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such an economically advantageous situation as they were in 2008. So

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the IOC is having a problem stomaching going through this again.

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The Zika virus scandal isn't helping and the entire thing looks like

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total chaos. Will look forward to the next one back in London. Smile.

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Experts decide that using dental floss makes no difference. Do you

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use dental floss? I've always thought it was a waste of time.

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Philippa? Every day. And your lashes look fantastic. It is clear here

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that flossing doesn't make a difference -- your gnashers. Day in

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day out, with a of string... The important thing, it's the US

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government and we all know that the Americans have the best teeth. They

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spend a fortune on them. We've got better things to do! All right.

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Philippa, Lucy, thank you for looking up the stories behind the

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headlines. Stay with us on BBC News, all the stories are available online

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where you can read a detailed review of the Papers. And you can see us

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there with each night's edition of the Papers posted on the page after

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we have finished. Thank you to Lucy and Philippa and thank you to you

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for watching.

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