brian: richard? richard: is it the times or the man? if you look at this context, lincoln could not have been the greatest president. if his immediate predecessors had not been among the worst presidents. [laughter] on the other hand, lincoln can rankiticized because for to broadene decided his political appeal in 1864 and put a war democrat -- they renamed the republican party to the union party. and they picked a man named andrew johnson, who did not lack for courage. he was the only southern senator who had not left at the time the states seceded. as wartime governor of tennessee, he certainly defended the union. but he arguably turned out to president,he best you can make the case for him as the worst president. in so many ways, he is the un-l lincoln. here are both men reared amongst incredible hardship. and who both overcame that in their own way economically. but andrew johnson is defined by his resentment. his childhood inflicted psychic wounds on him. resentment against aristocrats. but also against blacks. he simply failed to

doctor richard horton? the epidemic in each country will burn itself out and if lockdown is are imposed on countries, the evidence from china is it will take about ten or 11 weeks to burn out, but the great danger is it will come back as you slowly lift the lockdown. i think we need to be prepared for our changed lives, physical distancing, different ways of working, life is not going to be the same again after this pandemic. thank you very much indeed. thank you to my two palace, helle thorning—schmidt and doctor richard horton, and to our questionnaires and all of you, wherever you are watching or listening. that is all from this edition of global questions on the coronavirus crisis. i hope we have brought you some insights that you have found useful and helpful. please send us your questions for our next editions which will be looking at the impact on our economies, our politics and our societies. you can e—mail us. you can find us on social media. until the next time from me, say badawi, and the res

richard: that is a fair uestion. one, gerald ford, rather like ronald reagan, has made a career very shrewdly on his part on being underestimated. to most people -- for example, historically, he is a coda to the nixon administration, an accident of history who had to finish off whatever nixon didn't finish. i discovered his presidency is much more about the future than it is about completing a nixonian agenda. for example, economic deregulation. something that we take for granted. e may be argue about it. but nevertheless, it is part of our lives. it started under ford. because ford asked the question, do we need an interstate commerce commission? in 1974. and that led to other questions being asked. and ultimately, they deregulated the financial services and they tried to deregulate airlines. and it is interesting because jimmy carter fixed it up, better than anyone. it became bipartisan and then global. margaret thatcher gave it a new name, privatization. but it started very modestly. and that is typical. the botto

richard horton. i think when the pandemic has passed and we calmly reflect on some of the lessons, we will understand that we need greater cooperation, greater coordination, structures that will facilitate us working together in a much more integrated manner. you cannot go it alone in this globalised world. any country that thinks that they can go it alone is going to get badly hurt. all right. let's go to the ugandan capital, kampala, what is your question? what happens when governments lift up the lockdown and there is no vaccine so far? thank you very much indeed, hassan. claire brown from the uk says, how are we getting on with a test that says you have covid—i9 and any vaccine use? ——news. one for you, richard horton. how are we doing on the vaccine? well, you have hundreds of initiatives around the world to try and identify a vaccine. the projections put it at 12—18 months. i am a bit more optimistic. with new technology and the possibility of scaling up production we might have a vacci

that's richard thompson. that's me. another richard thompson. that's me. these are a couple of color valtmans that are interesting in compare ton to the pure cross-hatch that are around the fireplace. these are wourt color images. these are obviously down in the 1970s. richard thompson's style -- as a cartooni cartoonist, i just look at this and it's such a beautiful combination of loose line. he was influenced a lot by some of the great english cartoonists like arnold surrell and he took it to his own place. i aspire to this kind of looseness, but i'm still at age 60-something, working on it. this is one that i did for politico. this is a caricature of bernie sanders. you can see sort of the difference. i do cross-hatch and then add water color. richard's approach was a classic sort of dip pen. he works in a style that would have fit in perfectly in the 19th century in some ways. but he's also very, very modern. this is another richard thompson. you can sort of see the difference in that i rely on lots of little lines, lots of little black and white lines

richard: it is interesting. the harding administration -- warren harding, rather touchingly, aware of his own limitations, set out to recruit a cabinet of the best men. so, i mean, charles evans hughes became secretary of state. and he asked hoover, and basically gave hoover a choice. and hoover picked the commerce department, which in those days was perhaps the least important department in the cabinet. well, of course, hoover being hoover, soon there were cartoons to portray hoover as secretary of commerce and undersecretary of everything else. and he did ruffle a lot of feathers. because he used -- well, he created something out of what was there. the federal radio commission. radio is regulated because hoover started it. the forerunner of the fcc. and from the outset, he was certain he did not want a bbc -type arrangement. he did not want -- he wanted government to regulate the industry, but he did not want government to run the industry. with enormous repercussions ever since. the first airfield in washingt

also one of mine, and a couple more of richard thompson and laura bush. it is simple, but it is annoying and wonderful. but in the corner, that is our trump that kevin keller, who draws for "the economist" drew with a twitter bird on his shoulder. in the bar, 75% of what is on the wall is really straight caricatures. this corner has within by eer you can immediately tell the difference in that we have word bubbles and captions. there is more information and opinion. this is a good cartoon built around a clever visual. this is a boxing ring with palestine and you see the old reves from the boxing ring, bush, clinton, bush again, reagan, all beat up. and it is a lovely example of how you can take a very complicated political issue, but you can distill it down to a nice visual nugget that conveys the complexity quickly. this is next door at the chamber of commerce. all of the money they were spending on the campaign. i should date my cartoons, but i think this is from 2008 they are blasting the democrats with piles and piles of cash. i understand that he lik

ok let's go back to you richard richard we keep hearing that we heard this from hillary that she was going to recreate the obama coalition and it didn't work out and we're hearing the same thing from democratic opponent in the senate and in the media is it 1st of all possible to recreate that coalition and this is even desirable right now because we have this black swan and avenge called the corona virus which none of us ever. or seen i mean i can imagine it's almost hard for me to remember what life was like 6 weeks ago believe me it's really and living in a very strange time ok so i mean what is that bullish because it looks like to both professional and managerial class the suburbanites and in people of color is that enough to cross the line because again we think the progressive's are such a huge wildcard here what's the coalition young aboriginal there when you think about the people who voted for bill clinton in the ninety's and you want to sizeable presidential elections it was everybody you just mentioned and kind of working class whites working class whites have abandoned. t

joining me now is cnn business anchor richard quest. richard, hello. good evening. today's report was very, very bad. and this is just a sign of things to come. >> absolutely, unfortunately, don. the report that you are looking at deals with, primarily, the first, say, two to three weeks of march. it doesn't take account of all the serious job losses that will have happened at the back end of the month as more shutdowns and lockdowns continued across the united states. every economic report i read today from goldman, from bank of america, from j.p. morgan, they all said the same thing. that next month will be far worse, far worse, because this is when we're going to see -- in other words, the month we're in now. when we get those, at the beginning of may, then we'll really see exactly the depths. so in terms of a national unemployment rate, and bear in mind we started at about 3.5 to 3.7. we're now over 4 or 4.5%. and expect that to go up, don, at a very fast rate. perhaps, as high as 13 to 14%. so i'm not trying to frighten and i'm not trying to worry. people are w

more on this it's also announced it only has chief international editor richard walker hello richard so how do you eat it as plan to tackle the problems that had. yes well that question is really pretty world wide open after this afternoon's meeting christine the meeting didn't last as long as many had feared it was fear that it could run late into the night which actually broke up after just a few hours but in a way that's a sign that they really haven't got they get all that the e.u. leaders of really agreed to is to give was a lot on the line who we just saw in the clip there the task of working out how to put together this so-called recovery fund that everyone agrees that they want to some extent. and how to put that together what it should do and what the modality of its funding is going to be at all not exactly a detail questions that are absolutely fundamental to what this fund will be and what it can achieve and some of the principles of the thinking have been under schooled the principles of things like solidarity and this word symmetry that they're be using a lot this idea

if he could come and richard was happy to do so. welcome richard. [applause]. richard: thank you michael for that kind introduction. michael strain has a well written book. congratulations. i willly just very briefly outle things and then i will make comments about the broader debate. and i'm going to focus a little bit of what the incentives are rated then it is true that it is cosmic deep news totally because working for him in some way. i agree that there's overstatements on the left and right and the rod trends. the middle class has been killed. i think that is true. there's asi bipartisan overstatement of the problem. in fact, it can growth in wages, have been solid rated not spectacular, but not stagnant. they seem to be the right words to be using. into these broad at three favorites a very strong growth followed by stagnation followed by more growth. via not a strong credit but in fact one of the problems the debate is the postwar years, with the exception. when you have an economy growing on the average of 4 percent a year, over 25 years, then you're g

richard was an astounding caricaturist. he was the top flight caricatures at the time he did a lot of stuff for us u.s. news and world report and the new yorker. so richard came in with portfolio drawings and they got some of those and they wanted more. so he said check out my friend matt, and so i got to fill in the more recent figures. i traveled both worlds. i work in caricatures and political cartoonists. when i'm wearing my political cartoonist hat i am really a political commentator, just like somebody who is writing a column in the op-ed papers, except i have the advantage of, i draw my opinion and ideally express it with a certain amount of humor. the poor columnists have to rely on that just using their words. the old saying, a picture is worth 1000 words, is actually quite. true somebody who writes an 800 word essay on tax policy has to rely on a reader to invest five minutes to read those 800 words. but the magic of a political cartoonists this. you glance at a car to. humans have a visual acuity, we pick up stuf

well richard. it hurts like selling out some shows this year i would you know take over you wouldn't exact this list of names when i wanted to finish 1st so you did this now you know whether you have the orders. richard wants to take over permanently it's not handed over to me. oh you're gonna cut. it off. to. the palm sunday procession is more than a spectacle or a custom. for the people of highly constat it's a declaration of their faith. it was a still involve your mother procession is always the same that's the spirit of tradition it expresses a certain continuity when you see that christianity is still alive here there is still catholics here. the church is a not empty there are people who want to demonstrate their faith that is by the airport we are or by the fact that we've been chosen. to carry the figures through the time. when i'm president of the people. it all they believe the procession will survive another 400 years i'm certain of it just different than. what. it is quite as simple as

and richard was happy to do so. welcome richard. [applause]. richard: thank you michael for that kind introduction. he is a privilege to be here. michael has written a clear and compelling it grounded and aired temptingly well written book. congratulations. i displayed it very briefly outline some and then focus on some areas than think that there will be mutual disagreement. and then general comments. and it will focus a little bit on what the incentives are pretty is it true that we are able and is fully because it is working for us in some ways. so let's start with the agreement. i agree there's an understatement on both many of the broad trends that are affecting us. the middle class are being killed. the american college, president trump, etc. i think that is true. the bipartisan overstatement. as a problem in fact wages, have been solid. not spectacular and not stagnant. those are the right words to be using. in his right to split the post world war economy and brought into three phases. a very strong growth followed by stagnation followe

this family business was founded by richard's dad, santo emanuele, in 1968, who ran it with richard's older brother, james. richard's dad passed away, and then his brother died unexpectedly, leaving richard to run the business. richard wanted to keep his family legacy alive, so he took over the business and brought his son, michael, with him. >> michael, there's multiple problems. we gotta do what we gotta do. >> unlike many of the businesses i help, mr. green tea isn't facing a crisis. they generated over $2.5 million a year in revenue, and the emanueles make a very good living, but the business is static. >> i have such a hard time making this decision. >> the emanueles can't seem to agree on a plan for their future. michael has big ideas, but richard always plays it safe, and that creates tension. >> it's not 75. just get-- >> don't mince my words. i hate that. >> i believe that mr. green tea can be a $50-million company. they need to be bold, and they need to take chances. they haven't launched new flavors in over a decade, and they're still not well-situated in the retail market.

walker good evening to you richard so are we getting a clearer picture here do e.u. leaders now do they have a a plan to tackle these problems. well we are i'll say a little bit wiser brant after today's meeting v there has been a little bit of forward movement now the leaders have agreed on the very very broad strokes of what is needed here they've agreed that a big fund is needed to power the recovery once the outbreak is beginning to dissipate that it needs to smooth out those inequalities between different countries as they rebound to try and make sure that some countries don't suffer for longer than for others and also that this fund needs to have some kind of relationship with the e.u.'s overall budget which also has to be worked out the budget for the next 7 years the e.u. has not yet agreed to the measly some relationship between those those 2 things but beyond that there's a huge amount of uncertainty how big should this fund be where exactly should the money come from and how should the money be dispersed all of those things around known and they're not exa

how do you know what the real richard nixon is? or the real donald trump or the real fill in the blank. it's a real problem, and a problem for scholars, and one of the things i learned in my affiliation with the miller center over the years and conducting these extensive oral history interviews is how often the public image that has captured everyone's attention is wrong. and how important it is to puncture whatever that reputation is. richard nixon famously reinvented himself for the 1968 campaign. and it's beginning to come apart here. we need to constantly be on the alert that we're not fooled by the many images we see. >> i agree. >> i would add one other thing. and that is, look at all those reporters. i mean, can you remember a time when presidents felt like they had no choice but to hold press conferences on a regular basis? even at times when it was politically inconvenient for them, can you remember a time when we all watched those press conferences because we only got three channels sxrk they were broadcast live on all th

. >> richard, a bit of background. you now live in los angeles and operate the jewish activity center in los angeles, and run an architecture company, but i know it's been a painful frightening three weeks. you are dealing cancer. >> with the cancer, the doctors pretty much knew what we were dealing with, but with coronavirus, there's no solution, there's no cure. and we're really just guessing, so coronavirus is much scarier. >> watching you to detail the ballots,ib ballots, i could tell there were days you didn't think you were going to make it. how did you catch it? >> my offices are inside fashion malls, so it could have been just through contact with a lot of people. i also do a lot of traveling for work. i really don't know how i got it. >> community spread, right? how long did you think you went before symptoms started showing? >> i remember very specifically it was a wednesday afternoon, 21 days ago. august of a sudden i felt a massive fever and sweats coming on. it was very quick, and my fever shot up to over

you richard so how do e.u. leaders after this meeting today how do they plan to tackle this huge problem. well we are a few baby steps closer to an answer on that brain but we're still not quite there basically all that 27 e.u. leaders managed to agree on so far is the really broad strokes of what they want to happen they have agreed that they want to have a big recovery fund that is designed to help countries recover their economies once the really intense phase of this pandemic is behind us and to try and smooth out inequalities and how they are able to recover from the really profound economic shock and also thirdly that this fund will have some relationship to the e.u.'s overall budget for the next 7 years which is also something that has to be worked out so there are those agreements but the detail of all of that is totally open how big should this fund be the numbers range from the hundreds of billions up to like one and a half trillion euros there's no clarity yet on how big their fun should be where sho

nixon thought about implementing it but no communist richard nixon of course he thought of a committee and it seems to me to be eminently common sense to start saying now has a certain amount of money that you can have that will to a certain extent have all the benefits folded into it and it gives people the right to talk about freedom of choice the right to talk about individual liberty as if the sacrosanct thing well what could be more individual here's your money do with it what you will bill and when it's gone it's gone you can do what you want with it right now but it is a safety net to stop people starving will encourage entrepreneurial isn't that's something you're interested in i think it's eminently sent i have yet to see any properly sensible critique of it so i think it's an idea whose time is coming soon we're going to thank you and that's of the show will be back on wednesday the other verse 3 of the u.s. switching sides in support of margaret thatcher you know war for the most readers for connivance where british soldier is believed 1st confirm the writ of virus goes over

and never help but if it doesn't fit richard we have to find another one. not on. the thought of believe it belonged to my wife's grandfather. you know it's too small for me but i think it should fit richard they're going to think it would help us will issue or in this case hat fit. this is where the procession is set to start on sunday get hard boda knows the way he will be in the front row carrying the 1st figure your game 1st we'll head up that way towards the 1st intersection. and then turn right towards bill him. through. it's the same route the procession has followed for centuries one and a half kilometers through the streets of halligan stat. and here i think this is bill himself will be coming from up here in procession and head this way across getting us taza want to live in l.a. . and then back to our starting point where the closing service takes place. another palm sunday tradition and highly constat at the little boxes that held the shot of paints. this is so often that it's a very old custom here in that we always give each other little boxes after t

richard: i can, thank you. story it was a shocking that we saw just a couple of days ago, how many new york transit workers have died already. thousands now have this virus. weekentioned this to us a or so ago, that we should be looking for our transit workers. give us your vantage point on the situation with transit workers. richard: workers are being exposed to the virus in every sector right now because we lack ppe. that is a crisis that this administration could have avoided. what we are seeing right now is cdc, the centers for disease control, is drafting guidelines to accommodate the shortage of equipment, and not the other way around. they are not drafting guidelines to protect our workers. here is a classic example. the new guidelines do not say that covid can be transported by air. if they did that, they would have to issue n95-type respirators to all of our workers, transit workers, grocery workers, those on the front lines helping every day, and they will not do that. so they are accommodating the sh

, there are it or not and as richard said, there a re clear it or not and as richard said, there are clear shortages now, because people are not able to get into work. the government said for weeks that they are going to ramp up testing to 10,000 and 25,000, we learned yesterday that 25,000 a day target was going to be late april, and it is still not at 10,000, it is at8,000, you and it is still not at 10,000, it is at 8,000, you hear other numbers that the capacity of labs in the nhs hospital sector and public health laboratories ist,500 yet they are only doing eight. so there is a disconnect between these numbers and what is happening and the fact that the voluntary sector as we heard there, are coming in and saying we have got lab capacity available, richard generic the minister says in that interview, if the private sector can help us, talk to us, suggests a fairly shambolic situation in whitehall, but i think the message has got through, the government has told hospitals get out and test as many of your staff as you can, as well as the patients they need to do, but i think the f

well richard. it hurts like sell out such as this story i would you know take over you want to exact stories to news when i wanted to finish 1st so you did this now your worthy of the office. richard wants to take over permanently if the united over to me. all you got on. to. the palm sunday procession is more than a spectacle or a custom. for the people of halligan start it's a declaration of their faith. it was a short walk be about a procession is always the same that's the spirit of tradition it expresses a certain continuity when you see that christianity is still alive here there is still catholics here with the churches and not empty there are people who want to demonstrate their faith that is by the airport we are or by the fact that we've been chosen. just to carry the figures through the time. when i'm presenting them to the people. is all they believe the procession will survive another 100 yes i'm certain of it just different but short sighted. the female. lawyer. culture. a hair. from

branson have had various things from richard bra nson but he have had various things from richard branson but he is saying, the treasury is saying properly not this time. thanks, goodbye. today's higher temperatures were all in shelter and southern england did well with other areas which had temperatures in the warmer spots around 18 or 19 degrees. this clear, blue sunny skies still with us pretty much nationwide. there is the extent of the day's some time for that we did see this area of cardiff north—west france. that has been bringing a little bit of to parts of brittany. as we go through this evening, there's a chance we could see an odd shower creeping into the channel islands and the isles of scilly overnight but otherwise it is a dry night. it stays quite breezy, so not desperately cold. temperatures fought to seven celsius overnight. perhaps cold enough for a nip of frost in the sun of the sharper scottish valleys. tuesday, any cloud on the isles of scilly and channel islands will move away pretty quickly and we will be left with clear, blue skies. some trying from dawn till dus

richard fontaine has had a long career. he is now the chief executive officer of the center for new american security which i say with some jealousy is doing incredibly creative work on issues relating to us national security. richard worked for many years as senator john mccain's foreign policy advisor and prior to that work in the state department, national security council and also the senate foreign relations committee. so very warm welcome to both of you, danny and richard. it's wonderful to have you both here again. without further ado, let me invite colin to present the key t themes of this book before i yield the floor to danny and richard for their comments. we will have a brief conversation thereafter and then i will open the conversation to the floor. and i look forward to your interaction at that time. i can colinand welcome . >> ashley, thank you so much for this invitation. it so happens this panel includes three people all of whose experience and expertise and views i really respect so it's a real pleasure to

volcovici inspired his daughter to be a reporter and richard weber, his son says the loss still doesn't seem real. >> he was someone who always did the right thing. >> reporter: still, there are many signs of hope including the former army medic from georgia who said good-bye to his wife and parked his rv outside the home of her sick elderly parents in new jersey as they battle covid-19. >> it was a no brainer for me they were wonderful. when i got back from iraq, we had to sell our house and we moved in with them for two years and, you know, we took care of them but they took care of us. >> reporter: now he's been taking care of them for two weeks. >> i wouldn't have made it. i was ready to give up. >> reporter: and tonight, their turn around is remarkable gabe gutierrez, nbc news, new york. >>eporter: i miguel almaguer, tonight amid progress in stat like new york d california, battling thers coronavirus are just now diving eper into crisis illinois where the death ll is moting, the largest nvention center in the country has become a field hospital bracing for a peak in cases likely we

richard: i don't think elevated pes are normal at all. the analyst community is struggling to think how that will play out at the individual security level. signals we look for as to whether the market is cheap are misleading, and i contrast two things. depth,derestimated the but if you look at dividend 2023,s going out to 2022, they are not forecasting much at all. we think there is a lot of outcrop for people to be discerning of what is not from thoseffectively -- but the market is not necessarily cheap. if you think it is cheap, you want to have an overweight position. guy: what do you think the long-term future of buybacks are? the balance sheets now look highly risky in the uncertain world we live in. what will that mean for buybacks ultimately? richard: i think buybacks are always a good weapon in the are mary for companies -- armory for companies, and we should welcome buybacks as a way of rotating capital where it is needed and away from where it isn't. throwawaythere is a slur on buybacks that they are only about enabling leverag

i know richard well, richard does not know the meaning of the word retirement. we're close friends on the state department advisory council and he continues to be a scholar and mentor in the gild of scholars and historians. next to him is professor mel leffler at the university of virginia. another titan in the field of diplomatic history. i started reading this books when i was an undergrad. continued reading his books as a grad student. and continue. mel is only one of the four who does not technically have a chapter in this edited collection, but without giving up too much in the peer review process, let's just say that he paid a very important role in approving all of the process and made sure it came to process. our entinterloper is dr. kori schake here. frankly, kori is a longtime dear friend and former colleague from the beneficiary aush administra. she currently runs the international institute for studies in london and is frankly a better historian than a lot of card-carrying historians. and finally, professor andrew preston who is a canadian by birth a

walker in brussels thank you richard. a lot of lawmakers discuss a common approach to the crisis germany is preparing for a gradual loosening of its lockdown with some schools and smaller shops opening in the next couple of weeks physical distancing measures will remain in place chancellor angela merkel said that germany's efforts to contain the outbreak have been partially successful but that the situation remains fragile it's been 3 weeks since chancellor angela merkel announced the initial restrictions on contact now they're being largely extended social distancing rules will remain in place until may 3rd groups will remain limited to 2 people and at least 1.5 metres must be kept from others from me for the schools will gradually reopen 1st for school leavers in primary and secondary education daycare will remain shut. religious gatherings will also remain banned while major events including germany's beloved football will be called off until august 31st. meanwhile restaurants cafes theaters cinemas and music venues wi

kennedy and lyndon johnson and richard nixon. we look at how presidents conducted day-to-day business and hear candid assessments. the university of miller hosted this event. >>> good afternoon, everyone. i'm mark silverstone. associate professor in presidential studies at the university of virginia's miller center. and as chair of the center's presidential recordings program, i'd like to welcome you to a special panel echoes of the past, featuring my colleag

richard: sure. i mean, look, you got to be very careful when you are investing and lending in companies that are in affected industries. retail has been under pressure for a while. now, having said that, if you look -- if you structure the really stay-type financing with value, there was always a lot of good inventory that retailers have. there are great assets that retailers can fall back on to raise financing. that is exactly what they do in difficult times. i do think those financing that we will see more of those types of financing, and if they are properly structured, they can work for both company and investor. think you have to be on the lookout -- i think you have to heavythe look on going to on the advance written inventory going on in the sector. sonali: last question. i want to know what you think about some of the junk debts exposed to the bad buying program. the ones that are very clearly not going to make it, how are investors looking at those debts? richard: again, i think the fed pro

a., richard nixon. and it is surprising in our history, with those holdover directors, that some of them didn't make the jump from one to the other. mccone, very notably. he had a decent relationship with john kennedy. then when johnson came in, he tried way too hard to sell the agency on somebody who didn't know much about it. and joks finally -- johnson finally just shut him out of the oval office. and it didn't help that mccone was routinely bringing him bad news about vietnam, which johnson didn't want to hear. it was up to richard helms in effect to repair the relationship, which he was able to do during the six-day war between the arabs and israelis in 1967. as i mentioned earlier, a couple of times, it doesn't matter what the law says. politics often trumps law in reality. not that politics is illegal, but nonetheless, in the environment of washington, if you get into disputes with other bureaucracies, you better have the white house behind you, regardless of what the national security act or the

of the negative publicity that sir richard has faced in the media in recent weeks. he is obviously an incredibly wealthy individual, but in the letter he really tries to explain that a lot of his money is tied up ina multitude of businesses, which obviously virtually all of them are losing huge amounts of money in this crisis. he has faced a lot of criticism, of course, because he personally isn't a taxpayer here in the uk and in this letter, i think there is an interesting paragraph where he says that he did not, he claims he did not, leave the uk for tax reasons. he left the uk for his love of his island, his private island that he bought many years ago in the caribbean. necker. so it is an attempt, i think, to sort of counter some of the negative publicity because ultimately virgin atlantic is going cap in hand to the government. it has been in discussions with the treasury for a number of weeks now. the treasury is effectively doing this. it's not saying, like other governments around the world, namely the us government, to the airline industry, "here is a "load

richard westcott reports. in a biotech lab in cambridge, these brothers have developed a small device that has the potential to be an important tool in helping to ease lockdown and get a grip on coronavirus. for the past six years they've spent millions of pounds developing a home testing kit for flu. now they've adapted it to see if you've got covid—19. so it could be used in the workplace to screen employees to allow them to know if they can safely go back to work or even one day, it could go out to mass consumer use. normally you'd need large machines and a lab to perform covid tests but they say their technology does the same job and you can use it at home. it's designed to be as simple to use as a pregnancy test, so you would take a swab, put that up your nose, i'm not going to do that, then you put the swab into this little test tube which will be full of chemicals, swish it around, they give you a pipette, you take some of that solution out and put it into the device. close it up. and you get a result

welcome, richard. >> thank you for the kind introduction. michael strain has been a clear, empirically grounded and irritatingly well-written book. i'm going to briefly outline areas of agreement and focus on areas i think are useful disagreement. what are the incentives for pessimism if we are overly pessimistic, probably. it is working for us in some way. i agree there is an overstatement on left and right and broad trends affecting us, the middle classes been killed says joe biden, american carnage as donald trump, etc. there is a bipartisan overstatement of the problem. wage and income growth to use michael's words have been solid. not spectacular but not stagnant. these used to be the right words. michael is right to split post-world war ii economy into these broad 3 phases, very strong growth followed by stagnation followed by more growth, not as strong. one of the problems in the postwar years, when you have an economy that is growing by 4% a year from 20 years, you get a lot of upward mobility, people getting better off and it seems

cheap international editor richard welcome who's in brussels in a moment but 1st i'll start with our chief political correspondent melinda crane hi melinda so we've seen germany support its neighbors with donations of medical supplies and even bringing critically ill people to be treated here in germany will that generosity extend when it comes to a joint if it's to help spur recovery in countries that have been hardest hit by current of ours. that's absolutely the question that is on the table today at that video conference e.u. summit that is currently going on and it's a question that has been posed over recent weeks both in german political circles and in polls to german citizens and the wide majority of germans absolutely say germany must support those southern european countries spain italy portugal greece that have been especially hard hit both in terms of health and in terms of the economy by the coronavirus that said where germans are divided and undecided is the same place that the e.u. leaders themselves are divided and that is over the question of mutualization of debt so