Transcripts For RT Boom Bust 20240713

Things. We dare to ask. This is boom bust the one business show you cant afford to miss. In washington coming up oil prices dropped more than 2 percent on wednesday the 1st time in 5 sessions well explain what this means for the future of the already and the Energy Sector plus the u. S. Should now be considering working with wall way to standard all this after is a long time or i get to talk. To you today so lets go and dive right in. Numbers for the Global Pandemic now show more than 3700000 people are infected with a chronic virus more than 260000 deaths have been recorded will be u. S. Has more than 1200000 cases and at least 43 states actually plan to open completely or partially reopen their economies by this weekend this while president appeared to reverse course when he tweeted earlier ones day that the White House Task force welcome to. New and definitely with its focus on safety and opening up our country again he also reiterated that earlier during a briefing well tensions between the u. S. And china continue to rise as the u. S. Says its pushing for transparency heres how this could get solved really quickly the Chinese Communist party could do what theyre committed to do under their obligation to the World Health Organization to be transparent to be open to do the simple things that they should all around the world do to make sure the pen demick like this dont get out of control and in fact importantly stay out of control if the this race is laid out a timeline of what weve seen it is pretty clear that at the front end of this the Chinese Communist party misled the world that is they knew more and they didnt share that they had an obligation to do so under the International Health regulations that that they are required to adhere to under world health obligation World Health Organizations rule set they didnt do that on wednesday china rejected any International Investigation into the origin of the corona virus. We are opposed to individual politicians in the United States conducting investigations based on the presumption of guilt on china for domestic political reasons we are opposed to using this epidemic to engage in political manipulation because this practice is contrary to the original intention of Scientific Research and will also disrupt international and democratic. Iran of seeing a rise in new cases as the country recently east there restrictions showing a temper cent increase in new cases reported compared to last week while india with a population of 1300000000 people is also seeing a rise in new cases after it relax its rules in mid april the daily death rate was a few dozen but now its at a rate of more than 100. 00 per day while in europe the year u. K. Surpassed italy in recorded coronavirus 30150 the country unveiled a 3 step plan to ease some lock down restrictions and Prime Minister Boris Johnson signalled those could start as early as monday will this is despite its high numbers well spain saw its daily death toll increase once again its Health Industry reported 244. 00 deaths this comes after 3 Straight Days of 3 Straight Days rather of less than 200 reported daily deaths a new report shows the European Unions economy is set to shrink by 7. 4 percent this year so just to give you an idea on how this actually is in 2009 it shrank 4. 5 percent during its worst recession in recent history while managing director of the International Monetary fund crystal united george said the Global Economic impact from the pandemic is worst the worst crisis since the great depression. Focus on the Health System and if i can give a shout out to. You. It is so important to you are there. Help the businesses and the households to sustain through the next couple of months you know other words must see if fiscal injection and treat think of what you can do today to have a better you can be when we start recovering for more numbers and information on the coronavirus be sure to check out our portable the t. V. s and look for the section at trucking coronavirus. Theres no doubt that Small Businesses and employees across the country have been devastated by these coronavirus shutdowns today we have a better idea of just how bad it is according to a new report out wednesday from a. D. P. More than 20000000. 00 jobs have been hemorrhage from private payrolls in april alone its the worst of it is that since the worst loss in the companys survey history the cohead of a. D. P. Research says the job losses of the scale are unprecedented this while President Trump said the economy will come back after seeing the worst i will say that from an economic standpoint i think next year is going to be a very big year theres tremendous demand issue with the stock market where the stock markets are 24000 and we went through the worst of tech weve ever had of a country this is really the worst. Weve ever had this is worse than pearl harbor this is worse than the World Trade Center is there a bit of that quote is joining us now to discuss his boom bust cohost and investigative journalist ben swan and editor of the logical investor sean hyman gentlemen thank you for joining me today ben lets start with you this report puts into numbers something we already know that Small Businesses and employees all over the country theyve been devastated but just how bad is it. Yes pretty bad i mean were talking about since all these lock downs really began in the shutdown orders began about what 56 weeks ago we have 30000000 people who have filed for unemployment and those numbers only continue to go up the reality though is that just because people are file for unemployment its important to remember that of there are a lot of people who have not gotten anything there are millions of people who have not received a single check for those for that unemployment filing so thats very important to remember for workers and of course most of the people were talking about here or working in the hospitality or Service Industry theyre working for restaurants theyre working for bars and in some kind of a service job like that and the reality sarah is that when this comes to within them when now that we see some states starting to reopen some of those businesses are not coming back and some of them will have to contract pretty strongly for a while which means some of those jobs are not coming back at least in the short term some are opera operating at less than half a percent or a lot less than 50 percent that is shannon we previously have reported here that the treasury is seeking to borrow around 3 trillion dollars for just april may and june well now the Treasury Department is announcing that it will launch a new 20 year bond to fund this record type of level of borrowing how do you see it helping the value of the dollar if at all. I mean theres been a shortage of dollars you know in the near term in a lot of Foreign Countries a huge need form so its really propped the dollar up and taken it up in the last so many years but really we need a lower dollar and eventually i think well get that you know if we got a lower dollar you would bring oil prices you would help save a lot or work or jobs you would help our Multinational Company says what we need really a lot about think there will be a lot of demand for the for the bonds particularly with insurers and pynchon funds as a letter their investment symbol in their overall return. A lot of stimulus coming into effect during these times as well and we know that oil has been hit maybe harder than just about. Any industry over the past couple of months the Energy Sector is really having an impact were seeing Oil Prices Rally though including a 20 percent jump on tuesday alone but on wednesday oil turned lower this was the 1st time in 5 sessions what is feeling that where we going from here. Well i think that took a lot of people by surprise because oil has been rallying over the last couple of days as you mentioned and then you know we see on wednesday a drop and as that happens i think we have to recognize that so much that surrounds obviously regards oil futures right now and when we talk about futures were really talking about guesstimates and how analysts are predicting things will go the reality is that people are not back on the roads airlines are going to have to contract and so theres a huge amount of oil and energy that is going to have to ramp back up to being used again you know people keep talking about the recovery in the shape of a v. Where he drops and then it shoots back up again and then the a lot of analysts are now saying whats going to be more of the usual comes down its flat lines in the bottom for a little while and then a source to come back up a little more slowly i think we can expect that and so i think for the Energy Sector and specifically for oil itself were going to have to expect to see its going to take more time than probably what those in the oil industry and the Energy Sectors are hoping that will take it will probably take longer than they are in to see if it i mean were running out of storage where to do this the supply this oil supply the that we have the great influx. Were seeing some businesses beginning it to surge again c. B. S. For example has reported a huge jump in sales as customers run they rushed in to get some of their prescriptions and even other essentials will c. V. S. Says that this is because they are unique and in this position of selling these essential items that many people still need so a lot of a lot of theyre getting a lot of people in there what do the next few months look like for places like t. V. s and even walgreens. Yeah i mean for the logical misreport foleo they wouldnt make the cut for for us because they carry way too much debt and walgreens case they dont even carry enough cash on their books and so i dont think theyre going to do nearly as well as they should if you think about it i mean a lot of their competitions been erased and they still cant turn their stock price around still in the multi year downtrend and and those that are still around which is walmart which does what they do cheaper and costco which is what they do in my opinion better are still around so i think theyve got a tough road ahead im specially with a heavy debt load we have been in Cardinal Health and sciences in the health area and did real well in that but thats where i would be there not really c. V. S. For walgreens these are some some to keep it like youre saying a lot of places like walmart and costco also doing well when best cohost spence won and shawn hyman of the logical investor thank you both for your time. Thank you. Its been one year since the u. S. Placed chinese talk on giant wall way on a blacklist will a move that banned the Telecom Giant from buying parts and components from u. S. Companies without u. S. Government approval well now it appears that that move could change the u. S. Department of commerce is close to signing off on new rules that would allow American Companies to work with wall way in establishing 5 g. Standards all this according to officials who are familiar with the matter and spoke to reuters for more we bring in our team respondent rachel love and rachel a lot of back and forth here what do we know about this decision well it was nearly one year ago when the Commerce Department 1st announced that they were placing wall way on a block list and at the time they cited National Security concerns but now it looks like they may be taking a step back from those claims so reports are now claiming that the Commerce Department has drafted a rule which would allow u. S. Companies to work with while way to set global 5 g. Standards they say it acknowledges the importance of inclusion in creating industry standards for 5 g. But the rule still requires approval from other agencies before it is finalized and the Commerce Department has yet to address those or to say whether their focus is now moving away from National Security and towards the need for a 5 g. Dominant looks like possibly toward this 5 g. Dominance as not a lot of people are countries are listening to these u. S. Threats how has the decision to blacklist while we really impacted these u. S. Companies well u. S. Tech Companies Like intel and qualcomm have really been at the forefront of calling for the government to ease restrictions on wall way because at the end of the day wall way is the largest producer of Telecom Equipment in the world so as these Tech Companies here in the u. S. That rely heavily on wall way that stand to lose the most now when looking at how this has impacted these companies over the last year the senior director of policy for asia at the Information Technology Industry Council argued that although the u. S. Company government wants its companies to remain competitive with wall way their policies have been and. Hertling caused us companies to lose their seat at the table to walk away and theres on the list so not only are these companies losing money but theyre also losing influence at a time when the world is making crucial decisions on 5 g. Technology 5 technology was supposed to be the biggest thing yet we missed a lot of conferences this year due to the coronavirus of the pandemic but u. S. Companies had been also applying for some of these these waivers and had been granted so little commerce or partment had granted these companies United States companies waivers to continue to do business with while way there were more than 300 applications by august and we know that that was extended but heres the my biggest question whats the reason behind it right now why are they doing this now well the u. S. Sees exactly what wall way is doing on 5 g. Technology and they see their influence and at the same time the u. S. Also sees that despite months of warning other countries to get away from wall when not to work with them it hasnt had the drastic impact that they had intended now last month we saw a group of 6 senators including marco rubio in tom cotton sent a letter to top trump of ministration officials in which they called for more clarity from the Commerce Department now in this letter they specifically wrote quote we are deeply concerned about the risk to the u. S. Global leadership position in 5 g. Wireless technology as a result of this reduced perches the patient and the economic and National Security implications of any diminished u. S. Role in 5 g. So before they claim that if the u. S. Worked with wall way then that could harm National Security now theyre saying that if the u. S. Doesnt work with while i am 5 do the maybe that could harm National Security so theres a lot of different messages going on here but it is ringback important to note that even if the Commerce Department changes its rule wall way is still largely blacklisted here in the United States it is so i wonder how that will play out and how well we will be able to infiltrate here in the United States because they are the biggest Telecom Giant and the lead apparently for months of technology for this 5 g. Infrastructure which. I mean the race for 5 g. Continues r. T. Correspondent rachel thank you for that thank you. Time now for a quick break but hey here because when we return the coronavirus pandemic is lashing up values and forcing companies into bankruptcy now governments want to stop china from buying up cheap assets will discuss with economics professor richard it will go to break here the numbers are but. I. I. I i. I. We start to add to. The need for good in each other than the human one. But on the but im going to do the book on useless all that business and just. Move from learning to. Do i feels totally stuck or your muscles from the course of your new business to that of ocean is just located if you go chill the church. Is houston compassion that. Means sinking minds be soviet soldiers beaches off the boot shes wearing. To church so the soul looks to move the opposing opinion more than with. The sure stuck in that summarizing are still used for just sort of us all the. Same wrong all but all are all just all. To me to be yet to shape out of disdain he comes to advocate and engagement equals betrayal. When so many find themselves worlds apart when she still looks for common ground. The i. M. F. And others predict a global recession while the un estimates worldwide income losses of 2 trillion dollars a growing number of companies will file for bankruptcy weve already seen quite a few here in the United States and while all this is happening countries around the world are tightening restrictions on foreign acquisitions particularly china well for more on this were joined by shows like anomic day and author of understanding socialism professor Richard Wolfe professor thank you for joining us today. Right hager so the u. S. India and australia as as well as the countries around europe are warning that Failing Companies could see majority ownership come from chinese investors who they call the wrong hands whats the concern with this particularly as it relates to proprietary technologies and even and intellectual property. Well on the one hand this is in a non jew shuttle effort. By the companies that want to be able to buy all of these companies that are going out of business you know some storms are doing well some are really hurt by the pandemic those who are doing well would like to be able to buy at a very low price those that are having trouble you can see it by their collapse stock market prices for their shares and so on their problem is that the chinese are on much better shape to buy the Failing Companies offering higher prices then the local National Companies and by having some government rules step in they can basically get rid of the more successful or likely more success or competitor to buy up these Failing Companies so quietly this is simply a ploy to be able to buy the Failing Companies on the part of other nationals who can shave their local government in a way that the chinese cant on the other hand there is this effort to try to slow down the chinese it probably isnt going to work its probably too little and too late china is an enormous power becoming relatively more important with literally each passing day so you are maybe going to slow it but youre not changing the basic pattern and its really only a matter of time before more and more Companies Realize theyre in wa taking warmest by opposing the chinese. And by working a deal with wright like we just covered with rachel about wawa possibly now working in the United States but related to this now the e. U. Issued new Foreign Investment guidelines this was back in march it was mainly to protect members assets and proprietary technologies and even intellectual property theft like we mentioned how effective might these investment guidelines actually be for protecting that information. Even less objective than theyre likely to be in the 1st countries you mention india australia and so on and thats because europe is already so terribly divided the italians will not go along with germans want the greek shabbir own agenda or the british have their bridges problem they get lesions they always go profound whether or not they asked dr line wondering whether country will apply only will make deals with the chinese because its their best option available and again its so easy to get around the guidelines towards which 3rd countries outside of europe if you actually add to that this is more political gamesmanship the libyans say well economic change in the somehow everything always seems to turn up political doesnt i professor. In april india actually revised some of its Foreign Investment rules they revise them to include any country that shares a land border with their i mean this was particularly specifically targeting china there was some pushback from a representative of spokesperson from the Chinese Embassy there that the move is against free and fair trade and it violates World Health Organization principles should india reconsider this move in favor of what the w. H. O. Views as fair. Well i dont know what the word should like there means i understand what youre getting at the indians are doing this for the same reason of the europeans are that the chinese are the gauntlet power and as in the end goals through the pandemic now many of their companies will fall of the chinese my very will want to come in and buy it least some of them that frightens the indians they havent been able to match chinas growth except for 2 or 3 years and not in a fundamental way so that its a Competition Among the 2 giants in a well again youve is cosmetic it is marginal will fight over these rules meanwhile on both sides Indian Companies and Chinese Companies will be doing what they call work around working around these rules with 3rd parties this is again i hate to keep beating this drum this is political gamesmanship Public Relations its not a fundamental Economic Policy it simply cannot work well if youre talking about these Companies Finding or in these countries finding a workaround around this but last month the European Unions commissioner margaret messager said that European Countries should consider now buying stakes in companies to avoid that threat of chinese take over us she told the Financial Times quote we dont have any issues of states acting as Market Participants if they need to or they need be if they provide shares in a company if they want to prevent a takeover of this kind are we seeing a shift here in markets where governments are going to become the significant stakeholders of these private companies. Absolutely here i think you really have to put your finger on something thats a very important Economic Policy whatever the political gamesmanship this is very real i think youve seen it in europe youre going to see to it in the United States the countries where theres a close really. Between the gun. And the private sector has been more successful in coping with this pandemic then in countries where there is not only relationship just like the chinese where the government is very dominant i believe it will grow faster than the United States or europe for the last 25. 00 and so youre going to see more recognition that the model that the chinese all of this mixed system with a powerful government is going to become more and more attractive and maybe the way theyre going to celebrate in europe is not facing what theyre really claiming its a protection against that generally what it really is is a recognition that if you want the kind of growth youre going to need to stay competitive in the world you have to do what those who have been most successful have shown isnt trying the way to get it done well thats exactly what china is trying to do here and this only comes as a United States and china there tensions are growing over the fight of who started the virus where it started and the dissent from asian that weve been hearing all along that we heard a pompei or earlier today saying that theyre still they want to open an investigation china says that theyre not looking into that probe but were also looking at are hearing about the China Standard 2035 where they do want to become dominant i mean that theyre already trying to get there with while weighs 5 g. For example but will time will tell how this recovery and how all of this will truly play out professor Richard Wolfe thank you so much for all of your input and expertise. And you as well. Movie productions are facing setbacks due to the pandemic but big ideas are still in the works and this one is truly out of this world Actor Tom Cruise is headed to the International Space station for his next action flick while nasa has confirmed plans along with space x. To put crews aboard the i asked for a new movie hoping to inspire future astronauts and engineers well this will not be part of the Mission Impossible series but you can expect plenty of stunts from the actor known for taking those big risks. Well thats it for this time but you can catch him bust on demand on the brand new portable t. V. App available on smartphones through google play and the Apple App Store by searching portable t. V. Or stream us on your t. V. By downloading the portable t. V. Apps on apple t. V. And online a t. V. And as always check this out on you tube dot com slash boom bust r t c n x time. Yes doing dong the witch is dead Warren Buffett extortionist private equity and that job is recorded Game Changing record breaking losses as Berkshire Hathaway is Holding Company goes belly up. Thousands of american men and women choose to serve in the countrys military decision lotos sheltered lives every thing came to a complete. The day that i was right to be instructed you know told to shut up to kill me and i see how it destroyed my life any screamed at me and he made me come in and he grabbed my arm and he write me just berthing area if you take into account that women dont report because of the extreme retaliation and its probably somewhere near about half a 1000000 women have now been sexually assaulted in the us military rape is a very very traumatizing tat happen but ive never seen trauma like ive seen women who are veterans who have suffered military sexual trauma reporting rape is more likely to get the victim punished in the offender and almost 10 year career or chose very invested in and i gave a sex offender who was not even put to justice or put on the registry this is simply an issue of tower and violence. Male sexual predators for the large part of target whoever is there to prey upon whether thats a man or one. Good food descriptions sound up uprising even for the owners so how to choose this pet Food Industry is telling us what to feed our pets really more based on what they want to sell us than whats necessarily good for the pet turns out and put food may not be a soap the people believe that we have animals that have you know diabetes in arthritis and they have auto immune disorders that cant allergies we are actually creating these problems and its a huge epidemic of problems all of them i believe can be linked to fairy simple problem of diet and some dog orders so heartbreaking stories about their pets streets the larger corporations are not very interested in proving or disproving the value of their food because theyre already making a 1000000000. 00 on it and theres no reason to do that research. Welcoming our viewers from around the world live from Central London this is our to u. K. Home nations pass a Little Turtle waiting to ease lock down measures as the scottish 1st minister claims her country wont be coerced by westminster. Whistle blows in british can homes claim the situation is like a war zone with p. P. Shortages unsafe conditions and companies ignoring concerns we have from the front of Compassion Care to convey to the whistle blows claims. India begins repatriating its citizens as many Indian Students stranded in the u. K. Go hungry the list is shot and jobs are scarce. Also this is just one in 3 Hospitality Companies expect to live and used to reopen the office of the pandemic joined by the chief executive of campaign for real ale. The devolved british governments are divided over how to ease lockdown restrictions the scottish 1st minister saying she will not be pressured by westminster comes ahead of the Prime Ministers address to the nation on sunday where hes expected to unveil the countrys exit strategy as he sees it at least on the case hes and he joins me with all the latest on this it appears at the home nations are low the heads. Absolutely we see the law throughout this corona virus crisis real difference in approach between the countries of the United Kingdom which for example scotland being the 1st to publish that action plan wrote out of. Measures but when it comes to actually lifting those measures they will search dont see arts or are the leaders of the different of all nations who are to have a phone call today and interest as a. Country wont be lifting the lockdown measures any time soon in fact theyre looking to extend them by a further 3 weeks is my preference if possible for all 4 u. K. Nations to make changes together at the same pace because that certainly helps us give clear consistent messages to you the public however for that approach to work we must agree to make changes only when all 4 governments are satisfied that they dont risk a resurgence of the vitus and again let me be clear if the Prime Minister decides that he wants to move at a faster pace for england that i consider is right for scotland that is of course his right i will respect that and i will not criticize him for doing that but i hope you understand and indeed i hope youre agreeing that i must make judgments informed by the evidence that are right and safe for scotland i will not be pressured into lifting restrictions prematurely before i am a certain as i can be that we will not be risking a sergeants of infection rates. Because that is saying she would be pressured into mayhew decisions that she feels are against her countrys interests and the type of a sentiment shared by the Welsh Government to stressing that the decision is that is to make of course issues to do with Public Health are part of a devolved powers are also expecting the Northern Ireland executive at some meet and to discuss their own measures regarding the end to lock down and he said how does the Prime Minister think the lockdown will be lifted. Well Boris Johnson is expected to address the country on sunday in a rare speech to the nation and hes going to perhaps give us a better idea as to the way out of the lockdown now could have a look at some of the potential suggestions or at some of those you can float sit now the Prime Minister is likely to encourage people to continue maintaining social distancing rules regardless of what changes are made also including measures for people to be encouraged to wear face masks and also for example having hand sanitizers placed on platforms on public transport platforms also the government could and out unlimited exercise outdoors we know that thus far people are allowed out once a day for daily exercise or also citigroup suggestions of garden census reopening and people being allowed to sunbathe in parks as well as employees going back to their offices also potentially by the end of may or around the beginning of june primaries schoolchildren could be allowed to return back to work beginning with orbits of attending school beginning with the year 6 tutors which would help ease that transition into high school as for secondary schools students they too could see schools reopening we could also see the public being allowed to engage in school team sports and also potentially cafes being allowed to reopen if they have outdoor seating and by the end of august towards the beginning of september you could be seeing pubs bars restaurants getting the go ahead to open again having to maintain and it deserves strict social distancing rules while in october we could see premier League Football restarting again although the league are understood to have that own discussions and plans as to how they can get the league under way caps to not in any case that would almost certainly be without any fans in attendance now weve seen the leader of the opposition kiss. Giving his view that actually rather than lifting the log on the edges in any way at this ready point they should continue. I think we should i mean im sure that that is going to be the governments decision the u. K. Governments titian and we will support it lockdown has to stay in place until were sure the infection rate is going down. Now weve seen the death toll coming in for the latest 24 hour period 464 people sadly having lost their lives across the after testing positive for coded 19 that takes the u. K. Starts with 30540 although of course we know that the office for National Statistics their way of calculating figures could suggest the number is significantly higher as for the o n s we understand they are to Start Publishing their own estimates of the prevalence of coronato virus in the Wider Population at large and that might give a better idea as to how many people have actually been infected with coated 90 because of course we do know that not even close to anywhere near a majority of the country bitterly tested thats had a better idea as to what that figure maybe is thank you very much indeed for that update former scottish politician Tommy Sheridan says the devolved government should be following in westminster footsteps as the governors made mistakes in dealing with the virus. Boris johnson should wear a mask permanently a mask of shame we were too late when into law though we didnt know and should joosh proper pasting to see just our strategies we know you have the largest death rate from corporate name team in the whole of europe 2nd only in the world do you need the states of america we have had added is that us strategy as far as personal protective equipment laws in different lane of dealing with call that 19 and rich single commitment this government has given has been to shoe of lives why therefore should need to change your fall government that has been a long and every single aspect of one of dealing tell me where its right if weve got to get the whole country back to work and after all these suggested measures Boris Johnson may run into g. s on some they are very limited indeed very mild in effect. We have to get my country back to water when it rains and seeds to go back to what all of the conditions currently on the big t. V. Will sure we still have what david lee. Has no deal with or people are still dying nearly 500 more in the last 24 i was beloved you there in you dont lend to law d legal been bit rich them you know starting to leeds are the rest of europe we look for lead to go into law we certainly shouldnt airily i mean. Whistleblowers and British Homes have hit out of p. P. T. Shortages and companies ignoring or even dismissing their concerns as the virus continues to spread it comes as compassion and care reports a spike in the number of calls to his anonymous helpline and released a report detailing some of the most harrowing stories. People are clapping for the n. H. S. Care staff we are treated like dirt by our employers and even in the local community we are treated like lepers people have no idea how hard it is youre working with stuff you dont care or who do care but too frightened to say anything anyone who breaks ranks they are in big trouble we have no nurses here how are we supposed to care for people we have people here who are sick they should have someone with them at least but there is not enough of us at best we have a quick look at them it feels like the only thing we are doing for people is checking to see if theyre still alive thats not care at all i could not take it any more i kept saying this is wrong. The helpline operator reported over 170. 00 calls from care workers since the start of the pandemic more than 100. 00 were from Residential Care homes over 20 in care agencies and 42. 00 in Nursing Homes it comes as the virus continues to rip through the institutions with more than 4000 deaths from corona virus in a fortnight and the number expected to rise drastically the 1st few days i think we were all running on adrenaline then people got sick i do not know why expected but not this these people need nursing they need to be in hospital we are looking after people with no p. P. We only have gloves and they are running out i thought this company was all right until i whistle blew they said i was letting the team down moaning about this they told all the other staff i was complaining about them thats not true i reported to proper concerns about that people should be sent to hospital and staff were a risk with no p. P. I felt i had no choice but to leave it was so horrible there are no nurses here we have no p. P. And the only advice is from a g. P. On a videotape thats not medical care the people who are sick are really suffering they cant take a drink they need to be on a drip theyre so thirsty and they need help to breathe this is like a war zone in here they need to be in hospital i keep reporting this but im totally alone yes people have died from lack of medical care i feel so useless they wont listen to me. Compassion in canada said the whistle blowing process is moving at unprecedented speed during the crisis as over 100 organizations signed an open letter warning politicians across the country to take urgent action to help care home workers as they are facing intolerable pressure and the u. K. Government says that despite the crisis things are changing. An epidemic going on in care homes which is something id bitterly i regret to do but what weve been working very hard for weeks to get it done and a huge amount of effort has been i go into by the tree tens of thousands of people to get the right people to care homes to encourage workers in cabs understand what is what is needed in the last few days. Those been a palpable improvement. For more on this im now joined by the founder of compassion and care author of the whistleblower report and in charge and in thank you very much indeed for being with us of course these these reports you detail are truly shocking and appears to be quite widespread throughout the country yes its widespread across the u. K. And calls are continuing to come in and just picking up on what Boris Johnson said just then in that clip and helping workers understand whats needed these workers have always and distort whats needed theyve been telling us this days before the lockdown started nobody in government has been this named care workers and found Little People have been deliberately put at risk in fact the only you know that should have happened should have been in care homes and if our smidge of your concerns about the lack of pay p. A. A. But also the crucial thing here is there is an official government policy to place people in care homes from hospital with cofee it infecting the rest of the home and people have died as it was so if that policy even if the government did a u. Turn theres also the fact that you know care staff. Same people need to go to hospital they need to be on a trip they need help to breathe and this is when did this people have died in a rent a circumstances with no medical care whatsoever and if somebody fell in the street and they had code for it would you walk past them and not call for an ambulance of course youd call for an ambulance why should people in care homes be denied this basic right you say the government isnt listening but what is also stock in this report that it seems that Companies Management seem to be dismissing the concerns of staff and what evidence do you have that this these companies a lot of these companies are making multi 1000000000 pound profits this is a fact theres evidence on our website please governor look you know this is a fact that weve been talking about for years you know social care is beyond the law we need to take back our our care system into Public Ownership because if this crisis doesnt teach us that then more people will die next time and there will be a next time this was totally for seeable and you know care staff have to struggle most of the times in ordinary circumstances folk whitman of course theyre not going to have that equipment when theres a crisis on they dont have it the rest of the time you know ive got canned stuff you know all year round telling me that the conditions in care homes and its appalling its appalling that these stars are seen as cheap labor with no rights some are long there are contracts we should be ashamed of this country and what is also shocking the situation in care homes is still worsening by the day but that because of your efforts big cause of the Media Attention this issue is now top of the agenda dont you think think that things might actually change now these things should have been change 6 weeks ago im sorry but there was countless people have died that could have still been alive and not one of those deaths should go with that investigation they should be accountable for everything thats happened in these care. Holmes the policy of denying people hospital treatment i put me in paper because of it all of this there needs to be an official inquiry because it speaks of a culture you know i need to know a specific culture that discriminates against people because of their date of birth and discriminates against cast off and to be honest it is a scant 0 and we dont even know the half of a im also had evidence from spanish care workers whove been accused to flee care homes when actually they were forced to have their job some of them for speaking out saying this is not right there again nobody was listening nobodys been listening to these care work force we poll but we have the government Boris Johnson said theres been a political imprisoned what do you want to see tangibly now from the government right now right now i want to see every cast out of p. P. A. And i want to say everybody stench will care home has no nesting style sending people to hospital the Queen Elizabeth hospital beds galore and ventilate is that could save these peoples lives send them to hospital and make sure theyre given the care that they paid into the system for all their lives and in chops thank you very much indeed for joining us live here nancy kaye. Still to come this hour. India is repatriating its citizens trying to build a lockdown as many Indian Students in the u. K. Go hungry in the Hospitality Industry continue to be hit hard by the pandemic is just one in 3 Companies Expect one of their pennies to we have been one moment like brazilians ill be joined by the chief executive of the campaign for real life. The world is driven by a dream shaped by frank person. Of the day or thinks. We dare to ask. So what weve got to do is identify the threats that we have its Crazy Foundation let it be an arms race is on off and spearing Dramatic Development only personally im going to resist i dont see how that strategy will be successful very critical time time to sit down and talk. India has started its repatriation process with 7 flights shuttle from london heathrow to bring citizens back home off to over a month solve coronavirus lock down thousands of apply but Officials Say into the most vulnerable will be given priority the passengers will have to pay for flights and quarantine for 14. 00 days upon arrival in india but many Indian Students stranded in britain have little chance of affording that and have already run out of cash is also u. K. Shut it was dusty reports. The coronavirus pandemic grounded flights around the world and for most it means canceled holidays and business trips but for thousands of Indian Students here in the United Kingdom unable to go home and unable to work to make ends meet its pushed many to the brink of poverty usually been almost starving i mean we didnt have Food Supplies we didnt how did listen planes coming in there was no milk there was not grown. The requirements for something that were not Little Farmers we had a lot of calls to them saying about theyve got nothing to eat absolutely nothing to eat. And the students are source here because you know what happened in new york where we all know the that rates are actually the beam i mean thats where its all right so these dreams are really severe to go up so or you know be theyre going to find themselves in a complete isolation trap india banned International Flights on the 22nd of march giving those approach just 2 days to find a way home flights that usually average around 300 pounds jumped an 82000 pounds meaning students strapped for cash had neither the time no money to get themselves home there were almost 27000 Indian Students in the United Kingdom in 20 819. 00 rendering them the Fastest Growing group of International Students in britain and they could pay huge sums just to be here up to 38000. 00 pounds in tuition for an undergraduate degree but charities have been flooded with the press from those who dont come from wealthy backgrounds and have relied on part time jobs during the day jobs that simply dont exist during the u. K. Lockdown the Indian National Student Association has distributed over 3600 rescue packages to those in need. To try to divide the small portion afford that they have at the moment and dont 3 different portions for the day because they cannot afford 4 afford at the moment there are some students also who are surely dependent on the park and job then that the money that they and from the job to afford for their living. So at this point of time when you havent lost their job International Students are forced to do such kind of financial struggle they are there are people who are starving at this moment on top of that many are also feeling the mental strain of isolation and on certainty far away from their families and with the stringent lockdown in pickle for me to get a proper sleep i get up an editor of the night theres some students who are also under the love of you know i mean some kind of a mental breakdown and so many women and looting. And ignore supported norheim lead north from here and it has it has caused huge problem and we we have been sent you know written emails saying that believe me help us you know otherwise we go go die labors m. P. Feeling southall. Has as universities to guarantee hardship funds for International Students stranded and die a situation as well as more advice and other support but sharon sic ron who runs a Small Charity which usually focuses on education projects says that universities have yet to offer Financial Support to students to happen through the crisis but universities have not put in place hard to find and also there was no more immediate support back to. The universities or even even by the government ministers should at least consider that and reduction and also feed auctions help well but at the moment people talk about hardship funds but to most of the Indian Students and Young Students who i have been in contact with more none of them are receiving any such funds universities maintain that they are offering help to students do you need to reach out and tell them about their situation students dont always highlight their difficulties and dont contact or support team we were students who were struggling to get in contact straight away the university can provide care packages and Financial Support as well as help finding work. Our students support and wellbeing team is looking into the details and will offer help but with only minor changes expected to the lockdown measures on the horizon many of these students will be in the same situation for weeks if not months to come alone far from home and seemingly the forgotten victims of the Coronavirus Crisis such as with stashing r t u k a london. The hospitality sector has been one of the most hard hit throughout the coronavirus knock down operators have grim predictions for their future. Just 36 percent of the larger hospitality firms see life after knock down for all their venues and 70 to 80 percent of the Business Owners expect that theyll open their doors again once restrictions are lifted 32 percent think they will permanently be closed and pubs and restaurants are not expected to fully open until at least october although the use of venues gardens has been floated as an interim measure well for more on all of this im now joined by the chief executive campaign for real ale tom steyn of tom really good to see you today so what murthas hospitality sector going to look like with all these closures. Well those who are very concerned about little because even if pubs are allowed to reopen likelihood is going to be a reopening under many many extra restrictions reduced number of customers are allowed in social distancing ones from the public for hygiene measures and of course we understand this and we know that polls are going to be response with this but with too much very fine margin business is the best of times pretty locked down and if they have reduced customers and increased costs it may be too many pubs just another long going to be viable and the follow on from that is if thats pubs out there theres theres less choice for consumers as us public can only joy and it might be the big brands this is the more ubiquitous pubs carried on existing we lose a real uniqueness about the british pub and Hospitality Industry which is saying that even if some have the funds to reopen because you cant maximise covers maximise sales because social distancing they simply wont make enough money to stay open yeah exactly and you know these pubs businesses are difficult very far margins that based on getting 5100 people to you pardon me if because of the responsible steps at taking nato you get 10 or 15 instead they are you can see why it can be very difficult for them to continue to make money and therefore the operator can look and say is this really worth our while smaller independent public course who are under huge pressure anyway werent they so what was this inevitable for them to be closing in the near future i dont think that would be arnie of this is pretty. We were seeing a resurgence of the pub trade we see more and were seeing a real renewed interest in pubs so its such a shame that theyve been kicked in the take just as and you can see live in the tunnel now there are ways that the government can make sure that pubs can survive this and thats why extending the support package that the industry welcomes all part of the pubs the pubs but they need to recognise public 1st interest christians are the last part of operating under some sinister actions for a long time so they need to extend that package just to help pubs reopen help them survive and importantly help them continue to tour for those Great Community bennett. They bring and when they do reopen it can you advise them perhaps some may be diversifying us a present you cant really do take away beer or such but i do know of some pubs doing Home Delivery of their food because of course they they have a great reputation for their goal naic pub cuisine you know and actually pubs are being very agile through this crisis and they are going to take on a sunday lunch is they are doing is theyre filling contains a beer on the doorstep under certain conditions and and actually as an organization will launch a new brew to you which puts customers in touch with opposing varies an area that can either do hundreds of collections so theres as many white pubs have diversified already and im sure theyll continue to new that hold it in to maximize turnout whatever happens on rio what about the trade itself from the campaign for layla what about producers of how they fairing well again theyve been hit really really hard especially the independent british brewing industry are these small market worries the ones that really add vibrancy to the beer and pubs they were already included in the last ninetys or package so theyve got a very little amount of support but theyre turned out to collapse overnight they had stuff they have now where they can sell their product into and if we want pubs to be great again we need to peak supply be great again as well and so nothing weve been calling government to do is to extend that support to through his design to pieces to those those great people in the supply chain im a pubs what i am talk about pups being great again do you have any optimism confidence that the industry will actually recover i think youve got to i think if anything what this period has reminded us is how important pubs are i think everyone even people who regularly go into missing the fact they can pop in the local they can they can chat people they can chop the bar staff they can enjoy a really good part of reliable in the pub and it maybe is just reinforce people how important parts are to our culture to their social life to their communities are really hope the ones restrictions on their 51 seconds to. And then i should say yeah these are important businesses are employing people like me that pretty month want to call me and that gives me a lot of benefits as well im staying in a really good to talk to you im very best of luck thank you for joining us you know c. K. Thank you and thats all you need for the moment ill have more in half and im including the governments daily Coronavirus Press briefing live from downing street. Or. Backscatter this is. Really poor poor or. Really poor yes don the witch is dead Warren Buffett extortionist private equity job is recorded Game Changing record breaking losses as Berkshire Hathaway is Holding Company goes belly up more or less stacy this episode is an exercise in bad taste well actually its an exercise in poor taste which would be the phrase the logline for pink flamingos so im going to refer 1st to the pink flamingos because we have a tweet directed at us from one of our viewers and his name is. Central and he says off topic i like the flamingos of the kaiser report where are they my wife also commented on how nice they are so i got some pics filming guys brought them back to the set there on the set you know they should be multiplying like they are moving because of the lock down all the pink flamingos