37 Burst results for "Boris Johnson"
AP News Radio
BBC chief quits amid furor over role in Boris Johnson loan
"The chairman of the BBC has resigned after a report found he breached the government rules, governing public appointments. The publicly funded national broadcaster has been under pressure after it was revealed that Richard sharp, a Conservative Party donor, helped arrange a loan for then prime minister Boris Johnson in 2021, weeks before he was appointed to the BBC post on the government's recommendation sharp says he's quitting to prioritize the interests of the BBC after making an inadvertent breach of the rules, a report on the incident by senior lawyer Adam Hepburn still is due to be published. Charles De Ledesma, London
Bloomberg Daybreak Europe
Fresh update on "boris johnson" discussed on Bloomberg Daybreak Europe
"The idea that the world changes coronavirus people don't travel anymore my son's 19 he of the job ticket last year but it's a two or three days a week in the office those that's what's happening you you carry on and you pretend the world hasn't changed and carry on spending the money in that way isn't necessarily why is this thing to do and i think this is about rishi's and i could prepare to look at the detail actually really put his head in it and study it properly take decisions sometimes not popular immediately but actually potentially good for the country what we've heard a week is well that could disappear that second part of the high -speed bit what we haven't heard is what the benefits might be and i think that's why we're looking forward to the speech today the benefits perhaps other things the money could be spent on there's always a counterfactual that's right the bloomberg leveling up scorecard shows that since nineteen since boris johnson's election at the left behind parts of britain have fallen further behind london and the southeast why should it be a choice in the north between let's say buses or east west connections and high -speed well look uh... first of all i haven't seen the detail how your uh... your indexes worked out what i do is that we spent since twenty ten thirty three billion pounds on northern transport connectivity roads and rail i also know that the what's called the integrated rail plan the bit of it that connects the north together for example being out to get from liverpool to manchester uh... to leads the whole these are things that often are talked about forgotten in favor of don't worry we can knock another twenty minutes off this bit of the journey traveling from london and actually the the north deserves better than that and this is uh... professor a better way of thinking through that plan you're also a former business secretary when we've got the headroom would you prioritize business tax cuts over workers tax cuts well look those questions are for the chancellor and he would do them and i'm sure he'll tell you come an autumn station or a budget you run all the modeling to see what you think is going to be in the best long -term interest of the country and that is something that you know government is determined to do always going to be popular if you want if you want the sort of popularist say anything claim anything you've got sakiya stama for that he'll he'll do all of that for you all right let's talk about the conservatives you're now defense secretary i'm interested in the differences between you and your successor ben wallace do you agree with his view that the uk shouldn't be ukraine's amazon for weapons well i was actually in ukraine and keith last wednesday uh... having talks with president actually he asked me to send a very important message back to the british people which is to say a huge thank you britain has lent into this morning well let the world uh... with it you ask differences between me and ben wallace i'm very committed to going to have a ukraine family the three adult live with us for a year uh... and i want to see the situation where putin cannot benefit from his legal invasion has britain run out of stockpiled equipment to send to ukraine no we haven't run out of equipment but it is true of course that you have to replenish the equipment are you are you willing to send new equipment? well one of the great things that's actually happened and i've been talking to industry about this is that britain's become the first country where a company in this case will actually go to ukraine and actually produce the replenishment in country which is a very welcome development as well yeah does the four billion that you're giving to bae systems cover the costs only or do you expect them to turn a profit so i think that's possibly from a different segment on sunday that i made about the orca submarines and that's bae rolls primes royce babcock as as they're called uh and it lays the contracts for the first stage of what will be the royal navy's biggest and most powerful submarines that the royal navy will have ever had okay just going back to ukraine the u .s house speaker kevin mccarthy has been ousted it clouds the outlook for u .s aid to ukraine how concerned are you that washington isn't going to be able to restore funding before the election i say this and i again i discussed this with president zalensky last week there have always been concerns in different directions right from day one of this war in fact on day one most commentators thought on day three houston would be in key even the puppet government would be installed so yes of course you think about the future and what might and could and perhaps might may happen actually that's been the ukraine story all the way through we will work together including next week when i'll go to meet other nato leaders and other what are called contact group leaders fifty countries working to support ukraine and so we will continue with that effort and just finally earlier this week you were lavishing praise on saudi arabia but we understand that mohammed bin salman's cancelled or postponed his visit why is that can you give us more look visit some tables all unchanged the time and i think the point you're referring to is i was pointing out i've been to saudi arabia this year it's a country in amazing uh... social and economic change and and and that change hasn't been recognized fully in the
The Hugh Hewitt Show: Highly Concentrated
Protests Continue to Roil Across Israel and France
"Continue to roil across Israel and France all night long in this morning is Israel considers prime minister Netanyahu and his coalition. Our gathering to consider whether or not to pause the legislation, which is now reached the floor of the platinum session, the Connecticut can pass it, I believe, with one rating they've done all the amendments they worked all weekend. They're right up on the brink of winning. About hundreds of thousands of Israelis don't like it. Same people that voted against Netanyahu and the coalition, you know, a few months ago I don't like it. So they're out in the streets. They've closed Ben Gurion Airport this morning. Port is closed. In France, protesters who lost the election in Macron are now being joined by black clad anarchists and are burning down buildings in various parts in and has put out a story this morning. Is it safe to travel to France? The answer is yeah, but know what you're doing is going to be garbage on the street. So both countries have to decide whether or not their leaders who recently won, and I just remember when prime minister Liz truss, she's now a former prime minister Liz truss blinked when she won the election over Rishi sunak to replace Boris Johnson Great Britain last year, she put out a budget, the left wing exploded, a panicked financial elite, and she blinked and her government felt. And I think you have to consider that Netanyahu and Macron both look at what happened to trust. Indeed, they have to look a little bit at what happened to Donald Trump in 2017 when traps were laid for him by the outgoing Obama administration, and they have to consider, do I blink now if I blink, will it all fall apart?
Bloomberg Daybreak Europe
Fresh "Boris Johnson" from Bloomberg Daybreak Europe
"Francisco Cirrus XM Channel 1 19 and around the world on Bloomberg Radio dot com and via the Bloomberg Business App. Thanks Good morning from London. I'm Stephen Carroll. You're listening to Daybreak Europe live on London DAB Radio let's start with a look on the markets and the accelerating selloff in US government bonds spreading havoc across Asia's financial markets pushing up borrowing costs weighing on currencies and driving stocks towards a technical correction let's start with those Treasury yields the 10 -year now 4 .83 % this morning up basis four points the two -year holding at five point one five percent in Asia we're looking at the MSCI is Pacific index one point four percent lower the Nikkei in Tokyo down by one point eight percent the Hang Seng in Hong Kong is nine cents lower Chinese markets in the mainland closed for the Golden Week holiday the cost being sold though back in business today down two point one percent European stock futures two tenths lower for your stocks fifty features on Wall Street S &P amenities are two tenths lower our top stories this morning the Prime Minister Rishi Sunak is is today expected to announce that part of Europe's biggest infrastructure project HS2 is being scrapped it's understood that the Prime Minister will use his speech at today's Conservative Party conference to soften the blow announcing that some of the savings will be used to boost other parts of the UK's transport network mark but Labour's Greater Manchester Mayor Andy Burnham says the plan is a disgrace. Do not pull the plug on the north of England do not treat people here as second -class citizens when it comes to transport because if you do do those things people here will never forget. Burnham's criticism has been echoed by both the former Chancellor George Osborne and Conservative West Midlands Mayor Andy Street who had this to say when we asked him about the fact that costs of the project have spiralled to more than £100 My argument is you do need to have HS2 so that's not really the question is it? And of course what's been put to the Prime The Prime Minister is a proposal which is supported by private businesses to say let us try to rethink the leg to the north but it is still needed to win the investment around the world. Those comments from from Andy Street and others have helped to cast a long shadow over the annual Tory gathering with HS2 a core plank previous Tory pledges to level up economic opportunities across the country. In In the United States Kevin McCarthy has been ousted as the House Speaker after Republican hardliners revolted over his compromise with Democrats to avert a government shutdown Goldman Sachs says the move raises the risk of a government shutdown next month with his successor under even more pressure from those on the right of the party. The move ends a tumultuous nine months in the job for McCarthy who says he won't run for the position again. I don't regret standing up for choosing government over grievance. It is my My responsibility? It is my job. I do not regret negotiating. Our government is designed to find compromise. I don't regret my efforts to build coalitions and find solutions I was was raised to solve problems not create them. Despite McCarthy's lack of regret the latest turmoil is fueled concerns about deepening dysfunction in Washington the last time the house even voted on removing hoping a for. It was in 1910 and in that case the then US job openings unexpectedly increased in August fueled by white collar postings the number of available positions increased to 9 .6 million with hiring increasing while layoffs remained low according to jolts the level of openings topped all estimates in a Bloomberg survey of of economists treasury yields rose to multi -year highs and the SMP declined after the report. the growth. Palantir the data analysis firm founded by tech billionaire Peter Thiel has emerged as the A top pick for a major NHS data contract the five -year deal could be worth close to half a billion billion pounds and focuses on analyzing medical information Palantir's relationship with the NHS has criticized been by civil rights and patient advocacy groups who worry about data privacy and the firm's work with intelligence and defense agencies and the billionaire investor Ray Dalio says US China relations are close to breaking down speaking to Bloomberg's David Weston the Bridgewater Associates founder warned warned of the risk of conflict between the world's two largest economies US -China relationship are in a number of areas on the brink of red lines so in other words these irreconcilable differences they're right on the brink Dalio went on to say the breaking point would be if United the States comes out in favor of an independent Taiwan that he said would be quote the equivalent of a declaration of war Dalio has long nurtured relations with Chinese officials and previously expressed admiration for some of Beijing's economic policies those are your top stories on the markets the MSCI Asia Pacific indexes 1 .4 % lower Euro stocks 50 futures are two tenths lower and we're looking at the 10 year treasury yield four basis points higher at 4 .83 % well let's turn to politics here in the UK Rishi Sunak facing one of the most important speeches of his career as prime minister at the Conservative Party conference later he needs to unite his supporters ahead of an election year after a party gathering overshadowed by questions over the height Caroline Hepker has been following all the developments at the Conservative Party conference she joins us from Manchester great to have you good morning what are the key things that Rishi reform prime minister Liz trust last year when the party was at historic lows in the polling remember of course Bank the Bank of England had to intervene after Liz trust's Chancellor made a disastrous speech pledging of England intervention to prop up the pensions industry Rishi sunak took over he has managed to stabilize the situation in the months since then with his chance to Jeremy hunt this speech though the prime minister needs to wow MPs and party activists here not just deliver stability that we've seen in the last few months perhaps the sort of speech that we really have not seen from the prime so minister far he must prepare the Conservatives for the next general election which is expected to take place perhaps in the autumn of next year will he talk about his own story personal not quite rags to riches but certainly a big British success story imagine to get into an elite private school go to Oxford then get into Goldman Sachs become elected as an MP and make it all all the way to Chancellor and then the first British Asian Prime Minister that the country has ever seen and will he talk about that so far this Conservative Party conference has been pretty policy light so big expectations for what we'll get from the Prime Minister today what about the issue that has dominated so many of the conversations that you've been having there Caroline are we any clearer now about what's going to happen over the HS2 rail link no not particularly the Prime Minister spent all of yesterday speaking to journalists it has been the question that has dominated this party conference we we are in Manchester after all and the rumor has been for weeks and months several weeks at least that there would be the potential of high -speed rail to connection the from Birmingham to the city here in Manchester would be scrapped because of rising costs the Prime Minister spent Tuesday telling journalists that the here he has still not made up his mind on this issue has not made a decision even though and holding a cabinet meeting it would seem during conference which is also quite an extraordinary step so will we get perhaps a decision on HS2 it's possible as part of the Prime Minister's speech and what comes alongside that if the HS2 rail line is scrapped or part of it is scrapped will we hear about new transport projects in the north of that blow Caroline the question of party unity has been another continuing theme during this event as well is the party because of the discussions that you've been talking about over HS2 over tax cuts is the Conservative Party coming away less united from this conference than it went into it? I'm not sure it's hard to say whether it's less united I mean it's certainly been an immensely difficult few years for the Conservatives you know chopping and changing prime ministers through Boris Johnson you know to Theresa May, Boris Johnson, Liz Truss, now Rishi Sunak and that's quite something totally unprecedented really in British history frankly having said that we spoke example for to former minister and member of the Treasury Select Committee Andrea Leadson you know incredibly strong about how united the party is but there are of course signs of division you've got really positioning open for the leadership of the Tories were Rishi Sunak to lose the next general election particularly it would seem between Kemi Badenoch the business secretary and the home secretary Sorelle Barhaman but the other thing to mention is that the thing that is more clear is that the US style culture wars least at the language of those culture wars does seem very present at this conservative conference got a standing ovation yesterday a speech talking about how Tories were calling out the woke politics of labor and she talked about how politicians have been too squeamish about being smeared as racist in her words by not talking about migration she talked about the hurricane
AP News Radio
Boris Johnson says 'partygate' untruths were honest mistake
"Former British prime minister Boris Johnson has acknowledged he misled parliament about rule breaking government parties during the coronavirus pandemic, but he insists he never intentionally lied. Britain's boisterous former leader is set to be grilled by lawmakers on Wednesday. Over whether he lied when he denied there had been parties in his Downing Street offices in violation of COVID-19 lockdown rules. If found to have lied deliberately, he could be suspended, or even lose his seat in parliament in a dossier of written evidence, Johnson acknowledged rules and guidance had been followed at all times, but did not turn out to be correct. He says they were made in good faith, and he had not planned to mislead the house, Charles De Ledesma, London
AP News Radio
Britain’s Boris Johnson says Putin threatened him with missile strike
"Former British prime minister Boris Johnson says Russia's president Vladimir Putin told him he could hit him with missiles. In a new documentary, Johnson says he called Putin in February 2022 and trying to dissuade him from war, telling him Ukraine would not be joining NATO in the foreseeable future a long-standing concern of the Russian leader and warning invasion would bring massive western sanctions. Johnson says, Putin threatened him at one point, saying Boris, I don't want to hurt you, but with a missile, it would only take a minute, or something like that, Johnson says. The Kremlin denies Putin made any such threat. Johnson adds, Putin didn't seem serious about
Bloomberg Radio New York
"boris johnson" Discussed on Bloomberg Radio New York
"Energy shortage and price hikes, et cetera, et cetera. How important is Jeremy hunts endorsement in all of this? That article in the telegraph published very shortly after Boris Johnson pulls out. I think it's really it's really significant for the markets most of all. Investors have been looking towards this date next Monday up top of the 31st, when hunters set to explain his so called medium term fiscal plan, which is essentially how the government is going to pay for all of the commitments is taken on over the next 5 years. Having hunt in position means that soon act should be able to deliver on that deadline and therefore he will be able to kind of consolidate this new stability we've got in the markets in its first week charge. Rather than having more turmoil more uncertainty, more questions over exactly whether you guys going? So Ben, soon at clearly has a lot would have a lot on his plate. If he does become prime minister, I mean, let's talk about ghosts of prime minister's past is Boris Johnson going to be a problem for him or whoever wins this contest. I think he probably has to be honest. There's no love lost between Johnson and. Between Johnson's supporters and soon act supporters. There's still a large number of Johnson supporters in the parliamentary Conservative Party and just this morning we had Nadine diaries who's the kind of the cheerleader in chief. Saying that sunak doesn't have a mandate and therefore you have to call a general election. That would make him a very short lived prime minister. It's not something he's going to do unless you have absolutely forced into it. But it is a good indication of the sorts of trouble that the Johnson supporters can be causing for sunac if and when he gets into number ten. The economic leeway is fairly limited to the fiscal leeway is fairly limited for whoever does become prime minister. Is there any space for any bold economic policies? I mean, we at least we know what Rishi sunak plans or stands for when it comes to the economy. Not at the moment. I think that. The previous committed to this extremely generous package of energy support for the next 6 months to get us through the winter. Beyond that, there's a 40 billion in the budget that they need to fill over the medium term. Had said last week that that was going to involve tax hikes and spending cuts and a lot of difficult decisions. So in terms of tax policy, there's no absolutely no good needs to be given away. So it's going to be, it's going to be a real tough juggling app particularly for sooner. Okay. Ben sells our managing editor for European economy and government. Thank you very much for taking us through all of that. This is Bloomberg
Bloomberg Radio New York
"boris johnson" Discussed on Bloomberg Radio New York
"And good morning, I'm Karen Marshall, European stocks on the rise this morning as investors access responses by leaders to the region's growing energy crisis ahead of the European Central Bank's policy meeting later this week, U.S. stock index futures are on the rise. We check the markets every 15 minutes throughout the trading day on Bloomberg S&P futures at 23 points, Dow futures up a 173. NASDAQ futures have 87 the decks in Germany's up 8 tenths of a percent. Ten year treasury down 1630 seconds yield 3.25% that yield on the two year 3.45%. Nymex crude oil is up to 10% or 13 cents at $87 one cent a barrel. Comex gold that'll change at 1722 60 ounce. The Euro is at .9953 against a dollar, British found 1.1595, the ends at one 41.73, and looking at Bitcoin this morning. It's up 1% in $19,900. That's a Bloomberg business flash. Now here's Michael Barr with more on what's going on around the world, Michael. Karen, thank you very much British prime minister Boris Johnson gave his departure speech outside 10 Downing Street this morning Liz trucks takes over as the next prime minister. At the U.S. open Rafael Nadal was knocked out by Francis TFO. In baseball, the Yankees beat the twins 5 two Aaron judge hit his 54th home run of the season. The mets game was postponed, rain. The Red Sox lost the nationals and giants won the Orioles lost both games of a double header, with the Blue Jays, global news, 24 hours a day on air and on Bloomberg quick take. Powered by more than 2700 journalists and analysts and more than a 120 countries, I'm Michael Barr and this is Bloomberg, Nathan. Okay, Michael, thank you. It's 5 48 on Wall Street live
Bloomberg Radio New York
"boris johnson" Discussed on Bloomberg Radio New York
"It's 5 30 on Wall Street good morning. I'm Nathan Hager. And I'm Karen malka, we are just about four hours away from the open of U.S. trading. Let's get you up to date on the news you need to know what this shower we begin with it's changing of the guard in the UK outgoing prime minister Boris Johnson delivered his final speech before handing over to successor Liz truss. Johnson leaves behind surging inflation, a potential recession, and an energy crisis. We have and will continue to have that economic strength to give people the cash they need to get through this energy crisis that has been caused by Putin's vicious war. And I know that Liz trust and this compassionate conservative government will do everything we can to get people through this crisis. Prime minister Boris Johnson spoke from 10 Downing Street today, sources tell us less trust has drafted a plan worth 130 billion pounds to avert a massive spike in energy bills. Well, back here in the U.S., Karen, a federal judge has granted former president Trump's request for a third party known as a special master to review records seized by the FBI at his Mar-a-Lago home. Former assistant U.S. attorney Jeff Robbins says this means a significant delay for the DoJ's investigation. That special master that individual is going to have to take a very long time reviewing documents and essentially doing what the Department of Justice has already done, making its own report to the federal court and then we may be in a dickensian kind of a situation where litigation is spawned, which will keep this investigation on ice. Former federal prosecutor, Jeff Robbins says the judge in the case was appointed by former president Trump. To the economy now, Nathan, where we're watching a few economic readings this week, including the ISM service industry index today. The fed's beige book tomorrow and I'll disclaims Thursday. Here's also the promise of more corporate earnings with Kroger reporting later this week. Now to
Bloomberg Radio New York
"boris johnson" Discussed on Bloomberg Radio New York
"Ten employees or fewer and this is similar to the one set for households. So lots of calls there to help businesses when it comes to the soaring costs and of course off gem tomorrow on their price cap rise. Something that's clearly going to be top of the agenda for whoever takes over for on prime minister Boris Johnson he was in Kyiv just in the last 24 hours. The prime minister there delivering some words of comfort perhaps to allies in Ukraine, but some tough messaging for those of us back home. Absolutely tough messaging, and it was a bit of a surprise to be on a surprise visit there from Boris Johnson. His last one because he's of course the outgoing a prime minister, and he also announced which is comforting for Ukraine 54 million pounds in new military aid, but during his speech on the country's Independence Day, he said high energy bills are the price of resisting Vladimir Putin. He also said surging costs is something youth households must endure as part of an effort to resist Russia, which is pretty harsh words for us here at home, and Johnson was pictured with the president Vladimir zelensky, and he actually received the highest award which can be a bestowed on foreign nationals in Ukraine. Though Ukrainians love Boris Johnson, they said that he's done a lot and let's hope the next government carries through on those proposals to help the country. Okay, that story in the times and elsewhere this morning in The Guardian their reporting on the broadcaster Emily maitlis, this has comments that she made during the speech at the Edinburgh television festival. Yeah, and she actually had some quite strong words to say, so Emily maintenance and mate list says an active Tory party agent is now shaping the BBC output. The former news night presenter has highlighted the role. I don't know if you remember him of Robbie Gibb, who was Theresa May's director of communications and also really helped set up the right-wing GB news channel. Last year, he was appointed the BBC's to the board by Boris Johnson's government and has since influenced a series of ongoing reviews of the broadcasters editorial output. These are the words of Emily maitlis, and she said she was rebuked. By bosses over her on air remarks about Dominic Cummings and she said this actually made no sense and is warning that growing political pressure has now led the media here in the UK to center itself in 2020. I don't know if you remember, but she did say that Dominic Cummings did break the laws when it came to the COVID lockdowns and she said the whole country in the prime minister can see this in this was essentially what she got in
Bloomberg Radio New York
"boris johnson" Discussed on Bloomberg Radio New York
"It were. So Boris Johnson may be about to go now. Yeah, I just would caution, of course, that we've been at this .2 or three times before in the last three days, like when javid and soon accurate on Tuesday night, we were like, that's it. Oh my goodness, he's gone, and then he come on in on ecommerce, but then yesterday we thought you quit late afternoon, any climb on any clang on. And then this morning, they've had their Downing Street meeting. They have a daily meeting about 80 clock in the morning. And presumably that meeting, that's what's been discussed. And now, of course, we're a massive role on lookout for the lectern, the lecter moment when it comes out to Downing Street and they put up And they'll be able to further number ten. Yeah, shiny black door. This whole week has been historic, of course, but that moment would encapsulate the history of this moment. It is a redhead now across the terminal kitty Boris Johnson, let us know if you need to jump off to follow this story. Boris Johnson plans to resign as British prime minister that is a redhead on the Bloomberg terminal remarkable. There it is. Boris Johnson plans to resign as British prime minister, the breaking point then it seems for the leader of the UK. Let's just get your reaction kitty before you need to run off and follow up on this story. Yeah. Well, I mean, it's the end of an era, isn't it? And. I don't really know what to say. We thought he was going on. He thought he would cling on. And two days or three days of constant sort of resignations. And it looks like it's finally happening. Yeah, it's sort of I'm terribly sorry to be said distracted. I think I'm going to have to go because I need to, I need to. Great for you. Good stuff. Right, live as it is happening here in the UK. So Boris Johnson, the man who managed to win the Conservative Party an enormous 80 seat majority only two and a half years ago, the man who delivered Brexit, the man who delivered a vaccine for Britain in a timely manner. Despite all of the deaths from COVID-19 in the UK has been brought down by essentially a series of scandals, finally ending with a last, well, a sexual misconduct scandal with one of his own MPs, but the weight of resignation simply too much so breaking on the Bloomberg terminal this money as Boris Johnson. At every point there was a new Rubicon and we were asking whether he was going to cross it, whether he would be able to sustain himself. And you get to point after point scandal after scandal and he's always managed to continue and survive, but now the curtains have closed on the premiership of Boris Johnson. As you say, an election winner in 2019, but the questions have been there from the very beginning. Is this a man competent enough to pursue policy is a serious enough to govern this country? Does he have the moral fiber and certitude to govern given all the question marks? We know about his long history with his generous interpretation of the truth. Let's put that out there. Those questions have been there from the beginning. They have been crystallized now, and this is the end of the premiership of Boris forced out by his own party and not the opposition. And I think that perhaps one of the pivotal points really must have been yesterday where the prime minister was in front of the liaison committee and I was listening in my car yesterday afternoon to the radio as he was hammered again and again about whether he told the truth about how much he knew and when and I think that was perhaps a turning point because a lot of people had thought that perhaps the prime minister would be able to keep going. He looked he looked worn down. He fumbled, he mumbled, he didn't have clear answers, and he kept coming back to the point saying, look, we want to govern we want to push through our gender the problem is that people around him are meant to be working on the policy and the agenda have all turned around to him now. Not all of them, but the big players, many of the big players are turning around him and told him you have to step down. We're waiting, of course, for the press conference from Boris Johnson outside Downing Street, the podium we expect him of course to stand there and deliver that resignation, but it has been confirmed now by our own reporting that the prime minister of the United Kingdom will be stepping down. Okay, and is this now becoming a pattern for Conservative Party leaders, one thinks back to a 2016 the shock resignation of David Cameron at 7 a.m. in the morning. Theresa May, again, effectively brought down by her own MPs because of the wrangling around Brexit. And now another conservative prime minister, not managing to fulfill the whole term, but being brought down. I think also Tim durand, Eddie van der waal pointed this out to me this morning that perhaps the best chart of the day in Bloomberg Eddie van der belt view this morning was from Tim Duran from the institute for government in which he compares the number of resignations for each of the past prime ministers, so this is Boris Johnson versus Cameron versus may versus Blair versus major, you just have to look at that to see that Johnson's number of resignations having really held the party together for a long time, then it fell off a cliff in the last 24 hours. And the question now will focus on not just what we hear from Boris Johnson, but then in the days and weeks ahead, does this Conservative Party that remains in government, of course, has to reform the cabinet reform the government, who is going to take over from Boris Johnson, who are going to put their which members of the cabinet which ministers and which MPs are going to put their hats in the ring to run for prime minister leadership of the Conservative Party, prime minister of the United Kingdom, and how her his team, the Conservative Party, hoping to reset if they can on the back of this and what were the opposition party, the Labor Party do to try and take advantage of the vulnerability now across this government Conservative Party as they reposition potentially for an election that has to come by 2024 at some point, potentially could come earlier. This as we watch Sterling now actually shooting up and so we had seen weakness on the political instability that we've seen in the last couple of days, but the pound hits one spot one 9 6 9 so actually up three tenths of 1%, perhaps this injects a little bit more certainty, although of course the leadership race does look quite wide open in terms of at least half a dozen, if not more names, Liz trust, Jeremy hunt, Vichy sunak, Sajid javid, these are all ministers and former ministers and there are plenty of others too who potentially could be in the running, having said that you have the summer recess that takes place and then perhaps a reset in September when you get the party conference season and so that potentially is the sort of tentpole big moment that a new prime minister could address. And to underscore the importance and just the historical moment that this is in which this is occurring at a time of course of record high inflation inflation that we haven't seen for four decades of a major war the first major war in Europe since the Second World War at least the largest major war in Europe since the Second World War. All these crises, the post Brexit fallout, of course, that the UK continues to struggle with. All of these crisis on the
Bloomberg Radio New York
"boris johnson" Discussed on Bloomberg Radio New York
"I'll take it, Julia. Thank you, Beijing is moving to mandatory vaccinations to protect the elderly as cases grow and it says maintain COVID zero. UK prime minister Boris Johnson says he will not quit this after his top advisers tell him that he should step down, Johnson is also a fired close aide Michael go for telling him that he should step down. Top U.S. official in Hong Kong, council general hanscom Smith is urging China not to further endanger the laws and values that have made Hong Kong the Asian financial hub, saying that Hong Kong's influence is eroding. China and India have funneled some $24 billion into Vladimir Putin's coffers twice as much as this time last year. FBI, U.S., treasury departments, U.S., have issued joint advisories against North Korean ransomware, attacking healthcare systems. They say an FBI director Christopher ray is warning of stepped up activity from China as well and says the threat to U.S. companies is getting worse and Singapore is confirmed its first local case of monkeypox, the man is in stable condition and health officials are tracing close contacts. In San Francisco, I'm Ed Baxter. This is Bloomberg. Back to you, Julia. Thank you so much, Ed. Let's talk now to taiwei JPMorgan asset management chief Asia market strategist joining us from Hong Kong and pick up about what you were talking in terms of China's policy towards COVID zero on whether or not you're allocating further towards Chinese equities talking about a potential rebound in the second half. So devaluations across most sectors I guess looks relatively attractive at the moment. I think after the quite difficult 1218 months that we went through the Chinese market as a whole bust of attractive, I think there are a number of issues that has been burdening the market sentiment in the past year, whether it's the economy, the COVID, the property market, regulator changes, and obviously the ADR issues are with regards to Chinese companies listing in the U.S.. I think in all these areas, they authorities are making some policy progress or adjustments to address them. But to me, the most important thing is still back to COVID because you can't really have a property market recovery unless you can do it out and buy property. And I think from that perspective, we are making some progress. But what's important is also that while we discuss earlier on about the fed tightening and all the certified society, the Chinese policy starts is obviously one of stimulus and support. So I think when investors are worried about slowdown in the west, there are, I think, some quite spots in China and also in Asia as there are many Asian economies are starting to reopen from COVID. The one thing though is that the PBOC at least this month has been actually withdrawing funds from the market operations where it has used market operations to withdraw $45 billion from the financial system. Does that run a little bit counter to this notion of easing? It does. But I think to me is more of a fine tuning of the liquidity condition onshore. If you look back to China's policy stimulus experience or track record, they do tend to use fiscal policy more proactively. I think that's partly because fiscal policy are able to get to the economy quicker and even if you look back to last year when a reserve requirement was reduced, lending growth did not really accelerate. So I think there are some blockages in the banking system or the financial system where a lot of the ease and by the PBOC does not make cascaded to the actual economy. I think that's what authorities are trying to fix. But at the same time, there's an urgency to give people a little bit more money in their pockets so they continue to spend and to keep businesses of vote. And I think that's where fiscal policy comes in much more useful and much more impactful to support the economy. We have been talking about a little bit of a gain coming through in the yen on this guest move towards away from risk assets towards havens on these growth concerns, but we know the yen has been holding at these two decades. What's your appetite for looking at the Japanese market? Well, I think the Japanese market requires a fair amount of active management for a number of reasons. First of all, obviously, actually, right we mentioned the currencies are concerned. I don't think the BOJ is likely to change its mind when it comes to maintaining very loose policy for the foreseeable future. And at the same time, the check these companies are quite exposed to the global CAPEX cycle. So if we're looking at the U.S. and Europe slowing down in coming months, obviously that could potentially have an impact on the Japanese markets. That said, there are Japanese companies well leading technology, there are very strong brand awareness. So I think these companies can't outperform, but there's not the broad market of the Japanese equity market, but select a few in the Japanese equity market. I have to admit, and I just report on these things. I have to admit being somewhat confused day to day on the action in markets. The treasury market, for instance, the ten year yield with a huge swing today of 19 basis points. And it was even bigger the day before heading to the downside, whereas today's swing was heading to the upside. How do you make sense of it? Well, I think there is a liquidity question. So if you look at the treasury market, I think even going all the way back to March 2020, we've seen back then there was a very severe liquidity challenge in the market. And I think today there's still something of liquidity concerns. And also I think the truth is you do have macro data. I think we discussed in the first segment. Macro data and the software and software, but yet the fed still seems to be pretty hawkish. So I think it is contrast of macro data and the first one. We're going to have to leave it there. JPMorgan asset management chief Asia
Bloomberg Radio New York
"boris johnson" Discussed on Bloomberg Radio New York
"Street. Let's say you've been listening to some of this. What do you make of it? Well, there's always a worry that Keir Starmer, the opposition leader or focused too much on policy rather than personality, but not this week. He's gone right in for the kill. He quoted at Boris Johnson, the reported line that he once called this MP that this whole scandal is about pincher by name pincher by nature and Boris Johnson dodged the question he didn't want to answer that. And then Keir Starmer has referred to the Tory benches as a Z list cust of nodding dogs and Boris Johnson's repeated the same old lines back at him that the conservative government has delivered on Ukraine on the pandemic on Brexit. He was even referring to the former opposition leader Jeremy Corbyn, who he managed to beat into office. It sounded tired frankly, John. I got two ways to go here, Lizzie. Let me first ask this and of course I've been watching like everyone in America a very British scandal. It's about like 50, 60 years ago in another scandal. And the outrage here over the immediacy and we heard the gentleman from labor talking about this, is this about sex and scandals or Lizzie from where you sit? Is it about much more? It's about the character of Boris Johnson, the word that was used in both such a Jaffa and Rishi sunak's resignation letters was integrity. They couldn't defend this constantly changing line about what Boris Johnson knew about Chris pincher in public anymore. But it's the
Bloomberg Radio New York
"boris johnson" Discussed on Bloomberg Radio New York
"You and thank you. Let's start here in the UK Boris Johnson is on red alert for signs of a coordinated plot from his ministers to bring him down, according to a senior government official, the prime minister and his team are bracing for more potential resignations from his cabinet this morning, which would signal the senior ministers have been comprising to end his premiership in the latest half an hour or so will quince the minister for children and families has resigned and Johnson is said to be expecting more junior ministers to step down. Staying in the UK is snap YouGov poll has found 7 and ten people think Boris Johnson should now resign 3000 people asked and only 21 think that prime minister will actually go. More than half thought rashi sunak was right to leave his job as the Chancellor. And some sport cam nori has become the first British man to reach the singles semifinals at Wimbledon since anti Murray all the way back in 2016. He did it in some style coming back from a set down twice to get past Ava Goffin of Belgium in front of a super jubilant home crowd, which included the duke and duchess of Cambridge, norrie will face the defending champion Novak Djokovic on Friday. So he's got a couple of days rest. Global news 24 hours a day on air and on Bloomberg quicktake, powered by more than 2700 journalists and analysts in 120 countries. I'm leann gorons. This is Bloomberg. Stephen. Leanne, thank you very much for that. Well, let's get back to the UK politics story today and we can speak now to John Curtis, his Professor of politics at the university of traffic light. Good morning to you, John Curtis. Thank you for being with us on radio. Is this the closest that we've come to Boris Johnson going given all of the challenges and all of the scandals that he's faced so far? Oh yes, undoubtedly. It's pretty clear that there is now a body of conservative MPs who were still willing to vote for him to stay in the both of their confidence and was held a month or so ago who I now saying and I'll say publicly that they no longer back in and that they think that he should go. Now, given that a month ago, already 41% of more conservative MPs voted for him to go, there must now be a non trivial risk that a majority of conservative MPs as we speak at least at the moment think that he should go and some of his minds probably need to be changed by 10 Downing Street. Now, the reason why all of this matters is that even if there aren't further cabinet resignations today, as you said, we'll probably get a few junior ministerial resignations. The crucial potential crunch is that is due to be an election for the officers of the 1922 committee, that's the body of the backburn tutorial MPs. Due to how doing the next ten days and the reason why this matters is that it's the officers of the 1922 committee that determined the rules for holding votes of confidence, no confidence in the party leader. Now at the moment, the rules say, if you've had such a vote, you can't have another one for 12 months. And we now know and we've known for some time, but as a slave of MPs is going to stand on the basis of the rules should be changed such that perhaps Boris Johnson should face another vote and risk to Downing Street must be that that slate is now more likely to be successful and will indeed change the rule. So his future in the hands of MPs right now, if it were if it were John to go back to the public. I mean, Jacob riis Morgan said, look, he's got a public mandate. Look at the vote from 2019. How much does public opinion changed since 2019? Oh, quite substantially at the moment on average the conservatives are running at 32% in the polls. They have 7 points behind labor. That compares with the conservatives being up 45% back in 2019 with a 12 point lead over labor. And the conservatives essentially have been running at a land this kind of level ever since last Christmas. Ever since the party gate raw, which is the first made the question of the prime minister's ethics and judgment, a central political question on an issue, many voters were deeply upset about. Ever since then, the conservatives have been in electoral trouble, no sign of any consistent recovery from that position. And at the moment, they are back down to a relatively low position and certainly one that would mean that in the major general election, the conservatives will be out on their ear. Okay, professor John Carter from the university of Dracula, thank you very much for joining us with the latest on that UK politics story. Let's turn next to the markets and we've got huge Ember who spoke about market trash just at JPMorgan asset management joining us now. Good morning to you, Hugh. I'm just wondering, do you see much risk to markets from the political instability in the UK? Good morning. Well, I think there's area where we're going to see the biggest kit is the pound because even when you go back before the latest segment of the headlines that have hit, I think the outlook for the pound was already very weak. Arguably, in my opinion, the UK economy faces one of the worst tradeoffs between growth and inflation across developed markets. We're already seeing demand starts a weekend quite substantially and importantly, inflation is likely to peak significantly later in the UK than we expect to see in the U.S. or the Eurozone. I think you could well be waiting well into Q four before you see the peak in UK inflation given the energy price adjustments that we still have to come through in October. So this puts the Bank of England in a real bind. It means that you can't guarantee that rate hikes will be trusted as a positive factor for the pound and the political uncertainty created over the past 24 hours. I think only exacerbates that downside risk. Yes, good to speak to you. So just to help me out a little bit more there. What clues are you looking for from the new Chancellor as to whether there's an impact on UK assets? Or actually, is the monetary policy so in the driving seat that that can't really matter too much to UK assets? I think there are two things here. I mean, you're right. Why don't you policy is going to be really, really important for the path of the pound because we've seen interest rate differentials being a big driver in FX space so far this year. When it comes to the Chancellor, I think it's going to be all about the type
Bloomberg Radio New York
"boris johnson" Discussed on Bloomberg Radio New York
"This is balance of our Bloomberg television radio I'm David Weston is a big vote yesterday over in the United Kingdom where the Conservative Party decided whether they wanted to keep prime minister Boris Johnson as their leader and he won although by not as white American is maybe he would have preferred for us to update on where this stands right now We turn to Bloomberg's Lizzie burden who covers European economics for Bloomberg Lizzie thank you so much for being with us at this late hour in your time Give us a sense of where a prime minister Johnson is I'm going to say when I heard it I was traveling yesterday I called one of my British Friends I said he won He said well don't go don't be too fast with that decision Exactly It's victory for Boris Johnson but the question is now how long can he cling on The rules currently state that there can't be another boat like this for another year but Johnson's opposition inside his own party say well let's change the rules And if you look at history at Johnson's predecessors Theresa May Margaret Thatcher they cling on only for 6 months and a day respectively after they won their confidence votes And actually Theresa May had a bigger majority a smaller rebellion sorry Then Johnson Hart and Johnson's rebels outnumber his majority before the vote So it's going to be very difficult to get through his legislative agenda now including there's just some breaking news a story from RTE the UK government wants to introduce a bill that will allow future ministers to fundamentally override the Northern Ireland protocol by emphasizing the UK internal market over the EU single market Now post this vote that's going to be hard to get past these emboldened pro EU conservatives And it's also going to be hard to get compromise out of Brussels especially when Johnson's looking so weak Given that challenges to the prime minister at the moment is it possible that that sort of move by the British government is actually trying to try to Garner more support from the people that is Boris Johnson saying you know what if I appeal to people and say I'm going to really tough on Brussels They'll.
Bloomberg Radio New York
"boris johnson" Discussed on Bloomberg Radio New York
"Step back I mean okay Do you really think that Boris Johnson would do that if that were the case Who should be the next Tory leader Well two separate questions I think I agree with you on the first one There does need to be a momentum here But you've got some of the church elders if you like the big beast in our party people like Michael Howard William Hague and so on Also saying that this is a very very difficult time What you need what we need to recognize is that we do have to embrace the difficult decisions I would say on who next that there is plenty of talent there But nobody's coming forward just yet because we are in that middle it transition period where people are just continuing to make up their minds So I thought was Tobias elwood conservative MP speaking to something big Westminster yesterday So there does seem to be although we're actually in a parliamentary recess there seems to be a ramping up now in terms of whether they're could potentially be a confidence vote we're still it would seem far from perhaps triggering that even though of course it's secret the number of letters that go in to the committee that deals with this but there does seem to be a lot more pressure on Boris Johnson now once more around party Gates again the front of all the newspapers And it's not waning That's the thing is that we're continuing to see these headlines now over a series of days the metro today their headline Boris may be toast the eye reporting the p.m.'s making phone calls to MPs and effort to shore up support ahead of a potential no confidence about the male condemning the conservatives who've already come out as against the p.m. as rebels without a clue so this is generating a lot of front pages and a lot of headlines and it doesn't look like it's going to go away No absolutely Join us at 12 noon for Bloomberg Westminster today where we'll be delving into this story Also of course as we see yet more concerning headlines when it comes to inflation food prices are going up at a record pace also I just spotted yesterday the average petrol price in the UK has hit a fresh record high 173 just over a 173 pence per liter according to the RAC So on average you're talking about more than 95 pounds for filling up an average size family car So it's eye watering costs It certainly is I watering a man of money involved and of course we don't even have driving season in the UK when the U.S. we talk about driving season being one of the things that is affecting the price of fuel there but.
Bloomberg Radio New York
"boris johnson" Discussed on Bloomberg Radio New York
"And it's 7 30 a.m. here in London a very good morning I'm Caroline Hepburn Welcome to Bloomberg daybreak Europe this morning Where Russia is now demanding that Ukrainians defending Mario pole lay down their arms and surrender the bombardment is intensifying in Ukraine Does Russia's war though in Ukraine push Finland even Sweden to ashy join NATO there are debates happening on that will be hearing from one of our key interviews with the Finnish parliamentary member at a high honor in just a moment who's been speaking to our own Bloomberg Bloomberg's mirror today Let's also take you though to the markets away from that war in Ukraine There are other concerns Namely the French presidential debate for one could be a big risk to the Euro and to stocks That's one thought but also the fed's James bullard saying that a 75 basis point rate hike could be an option if needed in the U.S. That would be absolutely significant for bond markets U.S. benchmark years traded two 95 upper basis point German year's currently trading up three basis points at 94 We see a jump for Japanese and Asian equities MSCI age specific index at four tenths of 1% Europe is stock features also in the green but a big leg lower for NASDAQ futures down by 1% disappointing Netflix earnings And the dollar is softer to ten to 1% That's a look at the markets Let's get to Lee and go into our top stories Good morning Leigh Anne Caroline good morning to you and let's start with Netflix which can't seem to chill The streaming service has done 26% post market after it lost 200,000 subscribers in the first quarter its first decline in a decade The streamer is looking at lower price to models that carry adverts to stem the tide of competing services and rampant account sharing Let's hear from the co chief executive Reed Hastings I'm a bigger fan of consumer choice And allowing consumers who would like to have a lower price and our advertising tolerant get what they want makes a lot of sense So that's something we're looking at now We're trying to figure out over the next year or two Meanwhile Netflix has also seen another drop of 2 million users at this period Here in the UK Boris Johnson has apologized to the House of Commons for breaking lockdown rules he devised Bloomberg's chose capel reports on the party gate scandal Boris Johnson however also insisted he didn't think at the time he'd done anything wrong He said the gathering was before a meeting on COVID strategy and he didn't think it could amount to a breach of the rules The prime minister was seeking to bring an end to a scandal that has plagued him for months attempting to move the conversation on to the war in Ukraine and the cost of living crisis The labor leader appealed to backbench Tories to bring honesty and integrity back to politics and Mark Harper a conservative MP said Johnson is no longer worthy of the office he holds But so called party gate shows no sign of stopping There is still the prospect of more fine sir Johnson and MPs will vote on Thursday on whether to refer Johnson to the committee on standards for misleading parliament in London Charles cape or Bloomberg daybreak Europe Russia has given the under siege Ukrainian city of Maria pola deadline of midday UK time to surrender but resistance of forces have repeatedly rejected this call Ukraine's president Vladimir zelensky has again called for more weapons despite pledges of further support from Britain and the U.S. He is described as situation in Mario pole as extremely severe with civilians given no access to humanitarian corridors Purposefully.
Bloomberg Radio New York
"boris johnson" Discussed on Bloomberg Radio New York
"Spin off its consumer health units in July Don't forget that glaxo is also facing pressure from activist investor and investor Elliot investment management which has said the separation will strengthen this positive both companies So she's really going out there and making moves and bolstering the pipeline of assets and all in the light of the need that these companies have to continue producing new drugs to stay afloat Let's put it this way So it's not yeah Yeah thanks very much Thanks for the update Thanks albertine It's also joining us with the latest on the individual stocks we're watching Let us get a broader update on some of the UK and also global news flow his Bloomberg games Anna good morning and thank you here in the UK please say they are assessing significant amounts of material as a continued to look into lockdown parties at darling street and Whitehall Yesterday Boris Johnson was fined for breaking COVID laws as was his wife Carrie Johnson and the Chancellor Rishi sunak all three say they had since paid the fixed penalty notices that prime minister has apologized and insists he wants to move on It did not occur to me that this might have been a breach of the rules But of course the police have found otherwise and I fully respect the outcome of their investigation I've paid the fine and I once again offer a full apology It's my job to get on and deliver for the people in this country and that's what I'm going to do Meanwhile Boris Johnson and Rishi sunak have pledged to stay in post despite those fines Staying here in the UK inflation hit a new 30 year high with consumer prices rising 7% in the year to march It's leaped up from 6.2% a month earlier and reflects the impact of the war Ukraine for the first time The Office for national statistics says rising in household energy and fuel costs were the biggest drivers Turning to the situation in Ukraine and president Joe Biden for the first time accused Russia of committing genocide significantly escalating his condemnation of president Vladimir Putin's invasion Bloomberg's Ed Baxter has all the details This is the first clear declaration without equivocation.
The Trish Regan Show
Boris Johnson Tours Kyiv Streets With Zelensky
"Getting back here to what's going on with Russia and Ukraine, we're seeing that the EU is having these meetings in Brussels right now. They're trying to decide on whether or not to send more aid, you saw that Boris Johnson was over there over the weekend. Making a tour and some people criticize it as a photo op. I would say photo op or not, whatever you want to call it, it was really something to see the British prime minister there touring the streets with president zelensky.
Bloomberg Radio New York
"boris johnson" Discussed on Bloomberg Radio New York
"To you and thank you President Vladimir zelensky says he expects Russian forces to widen their offensive in the east of Ukraine this week but the country is ready to respond UK prime minister Boris Johnson became the first G 7 leader to meet his Ukrainian counterpart face to face in Kyiv Johnson's visit included a walk through the center of the capital and a pledge to supply additional military aid including 120 armored vehicles and anti ship missiles Now soc gen is to take a hit of about €3 billion after agreeing to sell its Ross banking at two the investment firm of Russia's richest man the Paris based banks decision to exit Russia is the most decisive yet among the largest European banks with operations in the nation It also confirmed it will continue its plans for a stock buyback of some €900 million And the UK Chancellor Rishi sunak has asked for a formal review into whether he properly declared his financial interests The move comes at sunac faces intense pressure to lay out the details of his family's financial arrangement after it did emerge last week that is millionaire wife at shatter murti holds non domicile status and was not paying UK taxes on her overseas outcome Global news 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries and leann garands This is Bloomberg Tom Leon thank you Okay let's stay with that top political story here in the UK and bring in Bloomberg reporter Joe mace Joe get us up to speed on where things stand around this scandal involving the Chancellor and his wife is decision to launch or at least it was a request an ethics investigation into his own affairs Yes this is his attempt to essentially quash this story and shows the public that he has acted correctly So he's referred himself to the prime minister's independent adviser on the interest which is lord guides and lord guy to go into look into weather which is connect has appropriately declared his interests while a minister I hope you report back I guess these are hopes from the chances that he will say we should see like a Dunlop in wrong here and everything has been declared properly I think the opposition Labor Party are hoping that through all this investigation we might see evidence of the Chancellor with perhaps using tactic tax havens or have at some point in his life not always pay the taxes he should have paid So I think that's what we're looking out for we have to see what lord guy comes back with Joe what is your assessment of what this is done to Rishi sunak's political trajectory I think there's been a very damaging episode for him I think he's always tried to present himself as squeaky clean the person who is for the rules always in contrast to Boris Johnson but now to have lost that That's pretty damaging I think the other problem is that we know that he wants to be prime minister but you struggle to be prime minister if you don't have a good public standing and we can see that his personal poll ratings have really fallen lately especially on the cost of living crisis and this just adds another layer of doubts around him which is clearly very damaging So I think this has done real harm to his future leadership prospects And how effective have the opposition Labor Party been in making hay from this announcement Or from this news I should say I think they thought of every opposition party has done They've been writing to civil servants making the case that they should be investigated I think this is more a case of it's just a damaging story in its own right And they are making hay in that way And especially that when you are the Chancellor if it's the case that your own family has not been paying tax for every reason even if legal that's just simply not a good look And that's what you like is willing to wrestle with at this point in time Is this good news for the prime minister Boris Johnson because of course sunak had been seen as a rival or does the scandal spread and weigh more heavily across the party in general I think this is something that the prime minister is not too happy about seeing just because as you say it does look bad for the party of local elections coming up and notably when given the chance to stick it to register Boris Johnson hasn't done so And nor have his team privately So they're not really twisting the life at this point in time because I think that you say there is that kind of contagion effect it doesn't look good for the Conservative Party writ large which you see like you've been in the second most important person in government So yeah it's not too great to this point Joe as we've got you on and just relatively briefly I just want to get your assessment on what we're seeing in terms of Boris Johnson and his proximity and his response to Ukraine Of course we saw him on the ground in Kyiv with zelensky walking through the capitol To what extent is the response from the UK government a heartfelt and sincere response to what extent is it about politicking and trying to stand Boris Johnson in a better light given the scandals he's been involved in I think it's a bit of both I think that Boris Johnson's instincts are of course image solidarity with Ukraine And I think he sees it as his Churchill moments but to be fair the landscape himself has said that Boris Johnson of all the western leaders has passed in the most supportive and most effective and neither way So we have to listen to what the Ukrainian president is saying but clearly this does help Forrest Johnson who has been going through that domestic period of difficulty It's kind of happy coincidence for him that he's been able to have this moment as the big oldest statesman leading the world So yeah I'd say it's a bit of a vote Great insights Thank you Joe Of course from Bloomberg covering Joe May's covering UK politics for us the scandal involving the Chancellor of the exchequer and his attempts to kind of clear the air on that with this ethics investigation And of course the prospects for Boris Johnson and the governing party of the conservatives Okay still ahead on daybreak Europe Ukraine once Russia is renewing its offensive in the east of the country And we'll get more on that story.
The Larry Elder Show
Boris Johnson Says Russia Is Plotting to Use Chemical Weapons
"Prime minister Boris Johnson says the reason Russia is talking about bio labs in Ukraine is just lay a pretext for the use of chemical or biological weapons. Big key one other prediction, by the way, which is that the stuff that you're hearing about chemical weapons. This is straight out of their playbook. They start saying that there are chemical weapons that have been stored by their opponents or by the Americans and so when they themselves deploy chemical weapons as I fear they may, they have a mascara of a fake story ready to go. And you've seen it in Syria. You saw it in even in the UK when this is what you expect next then. Look, I just note that that is what they're already doing. It is a cynical barbaric government I'm afraid.
The Charlie Kirk Show
How Should Boris Johnson Crack Down on Russia? Nigel Farage Tells Us
"So Nigel, let me ask you, we have four minutes to go through this. I'll tell you really quickly. I am personally wore weary and I'm worried about escalation with a potential nuclear power. With that being said, I sympathize with a lot of what you said, I could see this getting out of control. How do we navigate this? What should the course of action be? What should Boris Johnson do right now? What should Joe Biden do specifically, as we see what's happening in Ukraine? Let's make sure that the sanctions are genuinely watertight. And one of the problems is, our woke culture has taken us towards green new deals. It's taken us towards trying to achieve net zero. And it's meant we've stopped producing as much gas and oil and electricity. We've stopped being independent when it comes to energy and that's why of course we spend. Get out between America and the UK and Europe, they get about a $1 billion a day for their oil and gas. So number one, cut off supply, make ourselves more self sufficient. Cut them out completely of the banking system. Apple, who I rarely praise, will stop setting their products in Russia. Number one, make the economic noose as tight as possible to try to get Russia to turn against him from within. And secondly, and I like you. I'm war weary. We've done too much of it for too long, but this is actually different. This is really very serious. We have to stand together under American leadership. The British will be right by your side, but it must be American leadership. We have to say, if NATO members are attacked, we will act and when we say it, Putin has to think that we mean it. And this is the problem. When Trump was there in The White House, there were no Russian incursions. We had Russian incursions under Obama. We had Russian incursions under Clinton. We've got Russian incursions under Biden. Under Trump, Russia did not move into any fresh territory. Do you know why? Because they actually thought this guy is a serious guy who punishes if we do. So we've got to get tougher. We've got to get real. But the west must stand
The Dinesh D'Souza Podcast
Comparing the American and British Systems of Government
"The American system of government is unique in many respects, the founders thought of it as a nervous order, seclorum, a new order for the ages, but while being unique in some respects, it is also continuous to a degree inherited from these system of government in England in Great Britain. But when we look at Great Britain, we see that it has a different form of democracy than we do. We have constitutional democracy. I don't know if you know, but Great Britain does not have a constitution. There's no constitution. We have a so called presidential system of government. And they have a parliamentary system of government. Now, India, in fact, where I grew up also has a parliamentary system, very much modeled on the English system. And one key difference by the way between the English system and the American system is that in the English system, you run for office as a member of a party. And so for example, Margaret Thatcher or Boris Johnson, they're running as the leader of the Tory party. And then you have another guy who's running as the leader of the Labor Party, and whichever party wins, that party's man, a woman becomes the leader, becomes the prime minister. And in that sense, you may say that the prime minister is coming out of the legislative branch because the legislative branch is the party that has been chosen by the people to rule or to legislate to make to make laws. Interestingly, if you are a leader of one party, let's say your Margaret Thatcher and your Tori and you're the leader of the Tory party. And there's a fight within the Tory party and your challenge by other Tory members and the Tories to take a vote and decide we'd rather have a different leader, you're out as prime minister. Now notice that doesn't happen in America. The Democrats in the House or Senate can't get together and say, listen, we no longer want Joe Biden. Let's get rid of him. And Biden's out. No, Biden's not out why, because Biden is independently elected as the president directly by the people, or at least so the story goes. And the point being that when you're elected in America by the people, as the president, you have independent authority, you're not your position is not somehow obligated to your party or to the legislature at all.
Bloomberg Radio New York
"boris johnson" Discussed on Bloomberg Radio New York
"Election as a result But then since then as you point out we had sea actually a bit of a recovery in the conservatives polling Not that's where it was So how sustained an issue is this Well I think you have to think of this in terms of well not to be immediate short term reaction And then what's the half life consequence of an event So if we look at the personal look at the other parts of that which is where the prime minister first line is in trouble on his privately on his offer The major impact was something like a four point drop in conservative support but they're actually not at about a two point drop Equally with the first rounded particle there was a 5 6 point drop in a matter of two weeks Frankly by the markets of politics that kind of quiet a cell And again your life got to be getting responsible that are going have been hard We were talking about the choice being done about three points So the problem is of course even if you just accumulate the half life consequences of these two things you're talking about a party that wasn't 40% down at 34% So that was part of the answer to or even if you start looking in the end not all this is going to be going to remain but some of it is likely to then you're still talking about I quite considerable drop But spending 100% this is much more of a qualitative judgment In the end the real question is whether or not the damage done to Boris Johnson as the leader of the Conservative Party is for him to start damaging by saying well one measure I can find you through opinion polls so I'm going to ask people in various ways how well parties do you think are going to change Do you think it's going to issue approval disapprove between the beginning at the end of October and Christmas All of those polls show something like a 20 point drop in the proportion of auditory vases approved of what he was doing So the point is that for the Boris Johnson actions in inaction are exceeding in critical views among those who voted for the party and equally awesome We can not have two poles to get along the half of those people who voted conservative in 2019 should resign Real question therefore is is it among say it will have stated conservative is there view of forest Johnson while both of these can not really recover from that Okay And if we think about what would come next if we did see Boris Johnson's position challenge if we do see a successor needed by the Conservative Party clearly that would be chosen by the Conservative Party themselves But what sense of public opinion do we have around the contenders the likes of Liz tries or Chancellor Rishi sunak That won't necessarily be what guides Conservative Party members in their choice but it'd be something they think about So how popular are these people Relatively popular indeed you can find some polls now that suggested the wake of the recent event put people put before which is still active Boris Johnson He's also relatively well known And if you do not relatively popular even with some labor voters and certainly the better known of the two candidates and it's just not so well known on a monthly pay expect to view people are less likely to express the favorable view of than they are officially conservative members who will be the ultimate electorate is the other way around Popular in this trust is the more popular of the two There will be fascinating to see how this plays out And of course there would be a leadership contest at which as you were running with attributes and communicative abilities of the two candidates would be on the start A particular attribute is what we have Now.
Bloomberg Radio New York
"boris johnson" Discussed on Bloomberg Radio New York
"And interesting program for you today even though it is Christmas week It's usually quieter focus on Boris Johnson Christmas may be able to go ahead but lots of speculation around in the media about whether there will be government restrictions imposed afterwards Also Bloomberg's done a deep dive into a year of Brexit Shows just how damaging it's been the Johnson trade deal on course to slash UK GDP long run by about 4% That's according to the OBR and that is an enormous number Economists say also we'll talk about the spread of oma cron as it threatens Europe of course in terms of the markets then we did see something of a global rebound in stocks but that moderates this morning The all country world index is barely up right now MSI Asia Pacific index gains a tenth of 1% futures for the U.S. are quite in the red down a tenth of 1% for S&P 500 in many futures But in Europe we're up by four tenths of 1% for the U.S. stocks 50 futures This as we also see the Bloomberg dollar spot index edge up a little bit we're just talking about currencies so the strong dollar remains up a tenth of 1% Bond yields in the U.S. not doing much trading at one spot four 5 8 right now The lira which has been so volatile I got something of a lift after new lyric deposits were protected in terms of protecting savers from currency depreciation That policy from the president Erdoğan did come through that helped to lift the lira but at the moment the spot price training at 12 50 WTI crude futures are up a tenth of 1% although we saw a new record high in terms of natural gas prices in Europe just yesterday So that's something we will watch when the Netherlands starts trading this morning Right let's talk a little bit in more depth about what's going on with markets with our Bloomberg markets live strategy Mark cranfield this morning Great to have your mark because M live is done a really good end of year survey about just how much inflation could hurt assets next year And that's what really is on investors minds What is the verdict from that research Well the striking thing in the survey was that the phone could average fall across or inflation by the end of next year comes in at 3% It's quite a decent sized survey We had almost 900 people respond period Now if you think the 3% that would mean that U.S. inflation would have to stop by more than half from its current So it's a pretty substantial fall by ending next year But of course some of the input participated for the funds before maybe they realized about serious this Omnicom starting is going to be that it could restrict supply chains for longer level obviously the bottlenecks there have obviously been a driver of inflation so that it could make it stick around for a lot longer So just if that's what investors are looking at if we do get anything which makes inflation stick around for longer maybe stay well above 3% maybe closer to 5% something like that That means there's going to be a lot of re adjustment in people's thinking about risk assets particularly through equities and bonds Also in our survey for the S&P 500 the average forecast was first increased next year not dramatic just a couple of percent from where we are now But within the survey there was a lot of responses skewed towards the downside as well So just a little concern that maybe equities are a bit heavy price So if you just get inflation staying for longer and staying on the higher side certainly they could be a big reassessment of where people think the S&P 500 will go and obviously where U.S. treasuries will as well Yeah okay really interesting Yes 900 that is quite a large slew of respondents enter the M life survey Thanks so much mark for joining me this morning mark cranfield fertile market comedy and analysis check out markets live MLI V on your Bloomberg terminal Well just some breaking data to bring to you the UK economy grew 1.1% in the third quarter compared to the previous quarter that news just dropping at the top of the hour It does mean that for the whole of 2020 economic the economic contraction was revised to 9.4% from 9.7% So slightly stronger economic growth in the third quarter of course then fourth quarter might look a lot tougher given The virus speaking of which let's give you the latest update on omicron in England from today if you test positive then you'll only have to self isolate for 7 days instead of ten as long as you can provide two negative tests That's as the government tries to reduce rising staff shortages And it doesn't look like it will be thrown into lockdown now before Christmas His Bloomberg's Charles cable Boris Johnson ruled out tough a coronavirus restrictions before Christmas yesterday avoiding a second year of abandoned festive plans The prime minister warned that the situation remains finely balanced and there could still be more measures after December 25th He said there isn't enough evidence to justify any tougher measures before Christmas Johnson is caught between his scientific advisers who warned that more measures are needed and members of his own party who have already rebelled and record numbers over even lighter measures In London Charles capel Bloomberg daybreak Europe Something that made sure the government though some more lines around the GDP data out of the UK I just mentioned for the third quarter the British economy is now one and a half percent below pre crisis levels that is revised from 2.1% So yeah the third quarter were now 1.5% below pre crisis levels Right let's also bring you in terms of the numbers the latest virus figures for Britain So there are now well over 60,000 confirmed cases of omicron in Britain over all the total number of daily infections stands at 90,626 but another 172 people have died within 28 days of a positive test While the impact on business confidence it means its plunged to the lowest level since the country was still under lockdown the spread of the omicron variant creating a lot of uncertainty His Bloomberg's Eileen with that story A measure of business sentiments by the recruitment and employment confederation has returned to negative territory between September and November for the first time since April Consumers are choosing to stay away from shops and restaurants amid concerns over a hurting trade as a vital time of the year Chancellor Rishi sunak yesterday announced a billion pounds of support for hospitality businesses struggling with slumping demand But some say it's too little too late On the bright side REC surveys showed firms confidence in making.
The Hugh Hewitt Show: Highly Concentrated
Boris Johnson Loses by-Election
"In the United Kingdom, a by election Michelle, that means they had the fellow seat a member of parliament who had to resign because of scandal. A seat that the Tories have held for 200 years and they got blown out by labor. Malone out. They got 5 alarm fire in Great Britain this morning. Because Boris Johnson incompetence social distancing from the truth is Keir Starmer put it. His antics, the hypocrisy of Christmas 2020, the new lockdown and the tax hike, which broke the platform of the Tories, have all combined to create the perfect storm for Tories. And if they have a they'll get blown out again. Now, they won't throw them out until after Christmas. I don't think there's not enough time before Christmas. Although, William Pitt the younger was put into office in 1784 in December. They called it the mince ministry, because like mince pie it wouldn't last after Christmas, and it lasted for 19 years. So I think it was 19 years. I'm recalling from memory from Andrew Roberts book. But pit the younger was 24. So look at the 24 Jim Byron who took over the Nixon library. He might become the leader of the Conservative Party. We'll see. Jim is young. And he's great and he's smart. He's like to pick the younger of not for profits.
Bloomberg Radio New York
"boris johnson" Discussed on Bloomberg Radio New York
"Well Pfizer and Valentine are sharing their first bit of research and reaction and understanding on the crime and on boosters and Baxter has the story in the 9 60 newsroom in San Francisco head Yeah right Brian a Pfizer and BioNTech say with a booster the dosage is effective against the amaron variant Pfizer CEO Albert berla on Bloomberg balance of power The Pfizer binding vaccine would provide for omega the same protection like the first two doses provided for the initial strain The reason I'm saying yeah he says it goes up to about 95% He says they know that just the two doses are not enough And this is why it is so good news and we need to make sure that everybody's getting better Umbrella says doctor Anthony Fauci is right Everyone should have the booster and Bloomberg's Tim arnett says even if the variant is more mild as is being reported it is important to cut the number of cases Even if it causes milder disease if it sickens more people that raises the possibility of further mutations and other things that can be very very problematic Tim says more research on lasting efficacy should then be known by the end of the year UK is going to tighten restrictions again because of a Macron prime minister Boris Johnson has done a direct one 80 from saying hey Merry Christmas happy holidays It'll be normal to introducing three new restrictions We will reintroduce the guidance to work from home Guidance to work from home Employers should use the rest of the week to discuss working arrangements with their employees but from Monday you should work from home if you can And masks Second from this Friday we will further extend the legal requirement to wear face masks to most to most public indoor venues including theaters and cinemas And we'll need a vaccine pass to get into large venues The U.S. House has passed the human rights Bill the bill to punish China over Uyghur oppression Bloomberg's Lucille Lou says this goes further than what's already in place Basically it's all good coming from India and they were forced labor And so it really quickly owned us on the exporters So if this does come through of course we would expect a strong reaction from China Lucille says bill would require Homeland Security also to create a list of entities collaborating with the Chinese U.S. president Joe Biden says a U.S. will not act militarily and unilateral fashion against Russia.
Bloomberg Radio New York
"boris johnson" Discussed on Bloomberg Radio New York
"And they say 30 a.m. here in London are very good morning I'm Caroline Hepburn in a moment we are going to talk about the pandemic across Europe Just as we learn about a new COVID variant in a nasty Friday surprise originally discovered in Southern Africa But also this note on the UK France's canceled the migration talks with Britain over the weekend Boris Johnson wrote a letter to the French government about tackling the micro crisis after 27 migrants died trying to make the crossing in the English Channel this week the French did not like it Boris Johnson wanted them to agree to take back migrants that make that crossing and Francis said no and the Home Secretary pretty Patel's meeting with French officials on Sunday has been canceled Let's go to the markets though where risk off is absolutely evident European stocks currently tumbling 3% 3100 down a similar amount set to Dax off by 3.1% We have overnight seen a complete change in the markets again because of this new twist to the pandemic We have bond markets in Europe now significantly bid European bunts at negative 32 basis points tumbling 7 and a half basis points in terms of yields Yields down more than 13 basis points Italian yields also down 6 basis points as investors look for a safe haven They are acting before knowing the full details really and ramifications of this are virus variant Features also slumping 6% this morning The pound off a tenth of 1% at the Japanese yen at 1.3% this morning Those are the markets Let's go to our top stories and more details about that variant The UK will temporarily ban flights from South Africa and 5 neighboring countries and the EU is proposing an emergency break on air travel to the region over worries about this dramatically different strain of the coronavirus that is first identified in Southern Africa The variant is the most heavily mutated version discovered so far scientists are still trying to determine whether it is more transmissible or more lethal than previous ones Here's the UK's health secretary Sajid javid The early indications we have of this variant is that it may be more transmissible than the delta variant And the vaccines that we currently have may be less effective against it Well this variant aside the UK's success at avoiding the latest virus emergency that is ripping across the European continent has come at a price more British people have died of COVID per capita than in most other Western European countries that's despite earlier access to vaccines than in the EU total virus cases reached 10 million in the UK yesterday Also some news from China this morning The government there has asked deede global to delist from U.S. bosses over security fears our sources say that tech regulators want the ride hailers management to take the company off the New York Stock Exchange because of worries about leaking sensitive data We're told that deedes been ordered to work out the precise details with privatization or a Hong Kong share float both under consideration And now to the European Union and the story around the pandemic the EU is proposing to halt air travel from Southern Africa after growing worries about a new COVID-19 variant but even before this varying emerged Austria had taken measures to reduce COVID spread this week going into a full lockdown brumes Lizzie burden is in the longer radios studio this morning For me and she's been analyzing how the restrictions are affecting the nation Good to have you with us Lizzie This is the fourth wave of COVID in Europe Austria back in a national lockdown just tell us in the last few days how it's been affecting the country Yeah thanks Caroline Well in the latest Google mobility data you can see that Austrians were already avoiding public spaces before this lockdown was imposed on Monday And as you'd expect they're eating out less It's down 56% compared to before the pandemic And they're also avoiding public transport activity there is down 35% on pre-pandemic levels Also just to the north in Germany we're seeing COVID level spike too but not yet another lockdown How are Germans responding Well it's weird because Germans are just neighbors but they're acting so differently than going out almost as much as before the pandemic And it's not just Germans It's also the French the Italians and the Brits just at slightly levels slightly lower levels than before It's interesting though the French are using parks less than before the pandemic and that might be down to this very cold weather they've been having Yes absolutely it's freezing here in the UK this morning too But look the daily caseload has been very high in Britain for a long time So have Brits adjusted at all Is the kind of European concern filtering into the UK in any way Well you've had this higher ticking grocery shopping and staying at home but Brits really do not seem keen to get back to the office So both office and public transport levels were still almost 30% lower than before the pandemic I came Lizzie thank you so much for being with me giving us an update What's happening in Europe and the UK in terms of the pandemic right now that has Bloomberg's Lizzie burden Let's get the latest though on the new COVID variant in particular which is just emerging We joined now by Bloomberg medical reporter Michelle Cortes Michelle thank you so much for coming back on to the program So just tell us the latest about what we know about this new variant We are still learning almost everything about this variant The one thing that's clear at this point is that it is spreading at an exponential rate We knew about ten cases yesterday a hundred cases today and now reports coming out of South Africa suggested up to 90% of the sequenced cases are this new variant and they're expecting to hit a 100% here shortly and not in the context of delta already what they have in South Africa is the most virulent virus that we have when it comes to SARS CoV-2 This one is even more virulent transmits more easily than that outcompetes the delta variant So that is what the future is going to be most likely in South Africa perhaps in the world but all of those pieces were still learning Yeah absolutely The thing is governments aren't waiting are they the UK Singapore Israel curbing travel from South Africa and other neighboring countries markets are reacting instantly And yet we know so little Exactly The other piece of this is.
Monocle 24: The Globalist
Fuel pumps run dry in British cities, sowing supply chain chaos
"Ninety percent of petrol stations in the uk have run dry d to chronic delivery problems causing an enormous knock-on effect across all factors. The healthcare system appears to be crumbling. A combination of price rises tax increases and benefit cuts will leave the poorest british families. A thousand pounds out of pocket and there seems to be no viable opposition. As the labor party descends into kaethe the. Uk is a mess. Does boris johnson's government have plan. When i'm joined by vincent mcilvanney monocle. Twenty fools political correspondent to investigate that vinnie. Let's start with fuel you've been in yorkshire talking to a haulage company. The root of this problem is the shortage of drivers. Tell us mole. Yeah that's right. Spent yesterday morning with a haulage company. Just outside of said they do haulage right around the uk they have forty two big eighteen wheelers and they deliver all kinds of things and i spoke to a couple of drivers guys who've done this for decades and they said you just cannot get young people into this profession that they don't want that lifestyle anymore. When you climb into one of these trucks that i was in yesterday it has a fridge stocked with food for the week so they can at least try and eat healthily. It has a microwave has a bed and they will drive up and down the country. They will sleep in that cab but the problem is as well on top of that They don't have access to proper facilities because there are currently around fifteen thousand spaces short for them to park at service stations in the uk. Hey so they end up often sleeping slipways on the sides of roads and then they're only facilities for them so it is a very strange lifestyle that some of these guys live and something that younger men More used to being home more used to having a work life balance wanting to see wives in kids. They don't want to do that
Monocle 24: The Briefing
Inside the US-Australia Submarine Deal
"The dutch prime minister mark rutta will reportedly offer his uk counterpart. Boris johnson a defense and security cooperation. Deal with the eu. When the leaders meet in downing street later today it follows yesterday's announcement that the uk. The united states and australia had agreed their own defense. Pack called aucas. the deal has angered many. You states with france calling australia's decision to scrap a huge submarine. Deal in favor of eight nuclear powered subs deal with the us establish back. Let's get the latest now from paul rogers international security advisor at open democracy. Paul some very harsh words from paris. Today tell us what happened here. I on the australian deal and why the french are feeling blindsided by it over the australian deal. The australians essentially decided to replace their existing collins class submarines richard come to the end of their useful life with new pout submarines rather than diesel-powered submarines. The previous decision was to gain with france which has quite a good recorder producing diesel-powered submarines. It can actually produce a new pout. Submarines for self. I don't think he's ever exported them considered it. But anyway australia's decided they need to new capelle. Submarines had this deal with the french for the best essentially for the Diesel-powered ones they basically dish that and gone in with the united states with britain as well although the suspicion is that as far as the building of the new submarines consent bush will be done as an australian yard in adelaide. That will be done. Under american supervision with the british relatively small this is partly because britain is producing own new class of astute hunting submarines as well as its missile submarines an in both cases. It has pretty serious problems with developing the reactors rolls royce history. Having great difficulty in getting things right the to another words in america wants a more reliable. So that's the basis of it. The the fringe obviously are pretty furious of this because what was a pretty big contract with a lot of money in. It was basically dish in favor of a basic and anglo american agreement. So that's the background this at beyond that. Of course you have all the issues in the eu and the whole question of how one handles a rapidly growing china which does have increasing military capabilities.
The Economist: The Intelligence
Shake, Rattle the Roles: Britains Cabinet Reshuffle
"Britain's prime minister starts today with a very different cabinet than he had yesterday on. Peculiarity of british politics is the cabinet reshuffle. A sudden reordering of who's in charge of what in the government this one was. Well telegraphed and members of parliament had been pressing. Boris johnson on. Who shouldn't be in charge of much with all the talk of cabinet. Reshuffle can the prime minister guarantee that the foreign secretary will finally be sucked that any shuffled or does he intend to the world and competence reshuffles serve many purposes rewarding loyalty punishing perceived foolishness and setting or resetting a political agenda but they're messy and embarrassingly public ministers shuffled past the cameras outside downing street toward their new fates expecting a promotion. Knew it might not seem like a great time for such disruption with the country focused on what the pandemic will bring next and on britain's role in the crumbling of afghanistan but the prime minister has plenty of other business still to attend to and now a new team to tackle. It was expected that. Boris johnson would hold reshuffle. He has space to do so. Now and macelroy is a senior editor at the economist. Britain's coming out of the pandemic enough to do something like that. that wouldn't look like distraction. He won a tight vote on tax raising last week to fund the nhs and social care so he feels that he sweeps all before him. And this is the time to clear out some deadwood and makes them promotions. And what is the dead wood. That's been cleared out with the most. Prominent deadwood. That went out was dominic robb brexit. Here a lawyer. He became foreign secretary and went through that role. I think without great distinction. But he did it and then got into terrible trouble. When the fall of kabul happened. He was on holiday with his family and he didn't really appear to respond quickly enough to the
AP News Radio
UK's Johnson Shakes up Cabinet, Eyeing Pandemic Recovery
"British prime minister Boris Johnson has restructured his cabinet to try to shake off missteps of paas ministers the movie is also expected to help him push forward his agenda to boost economic opportunities in the U. K. off to the pandemic one of the biggest changes was the firing of foreign minister Dominic Raab he faced strong criticism often he delayed his return from holiday in Greece as the Taliban takeover Afghanistan last month rob has been demoted to justice secretary and deputy prime minister I moved down from his admiral heading one of the government's biggest departments drop in a key member of the government he stood in for Johnson when the prime minister was hospitalized with corona virus last year Karen Thomas London
AP News Radio
Ex-Jihadi Bride Asks UK for Forgiveness, Aims to Return Home
"The British women who ran away to Syria as a teenager to join the Islamic state group says she is deeply sorry and would like to return to Britain show me my bacon was fifteen when she left to Syria with two other of his school friends in twenty fifteen she has said she married in I. F. member from the Netherlands and had three children one of whom have died Burgum has attempted to return to Britain but the British government revoked her citizenship on national security grounds she is pulled on successfully in the British schools to have a U. K. possible restored she now says in an ITV interview that she has changed and is appealing to Boris Johnson to forgive her and let her come home Karen Thomas London
Monocle 24: The Briefing
Boris Johnson Hopes to Meet Biden for Talks at White House
"British media reports that prime minister. Boris johnson will travel to washington later this month for a frank conversation with the us. President joe biden. The means income says attesting time for the special relationship between washington and london. With both johnson's allies and foes in westminster questioning whether they can rely on. Us support after the hasty withdrawal of american forces from afghanistan. Let's get the latest now with thomas gift director of the ucla sensor on us politics. Thank you very much for joining us this afternoon. Thomas so first of all. How necessary is this face to face. Meeting between these lead us. Well it's great to be with you. Marcus and thanks so much for joining me. I think it's particularly significant time for the two leaders to mate especially given what happened in the aftermath of afghanistan. I think the first point to note here is really the obvious that boris johnson is reaching out to joe biden about holding a meeting and not the other way around reflects the rather straightforward state of affairs that the uk needs the united states more than the united states needs the uk both countries of course would prefer to be on good terms with one another and a healthy working transatlantic. Collaboration is in the interest of both london and washington. However despite the special relationship the power imbalance is real. And i think what we saw with afghanistan and what the johnson administration really has to come to terms with is that joe biden is not unlike any other leader in that. He's going to prioritize interest of his home country. It's clear that he wanted out about kenniston that he thought exiting afghanistan was in the best interest of the united states and that very little would've changed his mind. And that was the case. Regardless of what the u k thought or any other western ally for that matter but against this backdrop. I think it is a timely opportunity for both leaders to get together over over a table and kind of talk through things. What happened and how they can do things better
AP News Radio
British Queen Offers 'Thoughts and Prayers' on Anniversary of 9-11
"In a message to president Joe Biden the British monarch remembers the terrible attacks the queen says my thoughts and prayers and those of my family and the entire nation remain with the victims survivors and families affected as well as the first responders and rescue workers called to duty British prime minister Boris Johnson was also remembered the attacks issuing a statement ahead of the end of the street saying that the terrorists had failed to shake our belief in freedom and democracy Charles Taylor this month London
The Briefing
Boris Johnson, Inviting Battle, Prepares to Break Vow on Raising Taxes
"Johnson is today announcing a tax rise to pay for the effect of lockdown on the nhs it breaks the tory manifesto meaning. He'll be facing down rebels from his own party. The prime minister is expected to say that national insurance will go up by around one and a quarter percent that could generate more than ten billion pounds for the nhs for months. We've been told a solution to the social care. Crisis was coming but political editor. Ben reilly smith has learned that the new phones will i e goto reducing. Nhs waiting lists. Now let's let the claims. The plans are a
AP News Radio
Excitement Meets Worry as European Kids Head Back to School
"The start of a new school year in many northern hemisphere nations comes as the highly infectious delta variant continues to drive a surge in cases especially among children many of whom are not yet eligible for vaccination despite this many governments including Britain's determined to get children back into classrooms of the eighteen stop stop months of lockdowns remote learning and abandoned exams while most European countries retaining some restrictions for schools prime minister Boris Johnson is pushing this year for something approximating pre pandemic normality saying students should be tested regularly and schools should be given guidance on improving ventilation I'm Charles de Ledesma