the financial times, it does| page. the financial times, it does look like as james says, world leaders are placing additional pressure on the private sector and reflecting the role that they can play and it is a growing industry and investors are increasingly concerned about their money going into sustainable funds and increasingly concerned about their investments propping up the fossil fuel industry and i think that is a good way of approaching decarbonization to have investors and individuals voting with their feet and not forcing them to change their practises and look to invest in other areas and hopefully that will help to drive innovation. but on the cover of the financial times, i think you dojust on the cover of the financial times, i think you do just have this tension at the moment. i know of anybody is challenging the science of climate change but there are those who worry about the economics of climate change and i think this lays bare even the attention of growth between avoiding short—term intense pay

take us onto the ftc, if you would. —— the financial times, speaking of the work— —— the financial times, speaking of the work of— —— the financial times, speaking of the work of the boosterjobs, this plan is _ the work of the boosterjobs, this plan is a — the work of the boosterjobs, this plan is a try— the work of the boosterjobs, this plan is a try to save christmas as much _ plan is a try to save christmas as much is — plan is a try to save christmas as much is anything else. i was struck by the _ much is anything else. i was struck by the difference in tone from last year in _ by the difference in tone from last year in comparison with the delta variant _ year in comparison with the delta variant as — year in comparison with the delta variant. as well as the fact that we have _ variant. as well as the fact that we have a _ variant. as well as the fact that we have a vaccine now, which is the biggest — have a vaccine now, which is the biggest difference, and that is driving — biggest difference, and that is driving the uk and scottish, and welsh _ driving the uk and

according to the financial times talks— according to the financial times talks of— according to the financial times talks of the eu of a post brexit arrangements are basically not going as they— arrangements are basically not going as they should be. and the attention is turning _ as they should be. and the attention is turning to — as they should be. and the attention is turning to article 16 of the northern— is turning to article 16 of the northern island protocol. which would _ northern island protocol. which would basically mean that the uk breaks— would basically mean that the uk breaks away from so many agreements that it's _ breaks away from so many agreements that it's made in terms of the brexit— that it's made in terms of the brexit agreement when we first left the elk _ brexit agreement when we first left the eu. now the uk and the eu, this is been— the eu. now the uk and the eu, this is been going on basically sense brexit — is been going on basically sense brexit. and the status of northern ireland _ brexit. and the status of northern ireland what can happen with no

madhumita, you're european tech correspondent from the financial times. what do you think of the metaverse? so actually i'm in the office for the first time in - a while and i was corralling opinions from my desk. - i was talking to my two editors about this. - we were saying, you know, we throw this term out - as if it's this futuristic- thing, but we are already on the path to this. i know the metaverse is supposed to be - three—dimensional and augmented but what it is really is, _ as lauren said, it's- interconnected in a kind of world where we do all things online. - over the last year and a half, j we are doing all things online already. living together virtually. we, notjust for entertainment, but for work as well. _ and we are already at that stage where behaviourallyj we understand - what it would mean. so i think the jump is a bit smaller for me than it - would have looked| like two years ago. and really the next step - is making it all interoperable. even if that's not in 3d, i can i take all of my social graph data from facebook and i take it

we _ in the financial times, in the financialtimes, "cold in the financial times, "cold case, greece _ in the financial times, "cold case, greece renews marble pleat." | in the financial times, "cold case, greece renews marble pleat." i was lookin: at greece renews marble pleat." i was looking at plenty — greece renews marble pleat." i was looking at plenty of— greece renews marble pleat." i was looking at plenty of things, - greece renews marble pleat." i —" looking at plenty of things, didn't get to see the marbles are greek ministers, seeing if they were going around, henry, iunderstand ministers, seeing if they were going around, henry, i understand you did around, henry, i understand you did a documentary on this? i did around, henry, i understand you did a documentary on this?— a documentary on this? i did a piece on radio for— a documentary on this? i did a piece on radio for on _ a documentary on this? i did a piece on radio for on this, _ a documentary on this? i did a piece on radio for on this, because - on radio for on this, because it's notjust about on radio f

john, from the financial times, - that's really going to help. john, from the financial times, good i that's really going to help. john, | from the financial times, good to talk to you. thank you very much. the man deposed as sudan's prime minister during last month's military coup has been reinstated. abdalla hamdok signed a deal with the country's military leaders to establish a cabinet. but there've been violent protests in the capital, khartoum, where thousands of demonstrators have marched on the presidential palace, saying the military are untrustworthy. mr hamdok said the deal with the military was necessary to end the bloodshed. translation: signing this framework agreement widely opens the door - for fixing all the causes and challenges of the transition. the last two years have certainly achieved much when it comes to this partnership, removing the international isolation, removing sudan from the list of countries sponsoring terrorism, economy, peace. there are many achievements, but there are still great challenges facing us. we are tr

moderna's ceo to the financial times saying that he is worried about a, quote, material drop in his vaccine's effectiveness against the new covid strain ber 245 coops will have more on that in a moment it could be options activity or other technical factors also, either way the markets are nervous again. the ten year yield continuing to be below 1.5%, oil getting knocked more than 2% oil traded here just over $68 a barrel we'll get more on oil and what opec may now do on thursday. not looking hot for crypto, bitcoin in particular as well. the cryptos, again, we had the everything rally we talked about it, everything had come up at the same time, it appears that when the selling hits, it's kind of the sell everything rally as well although i will say that ethereum is actually just up -- we'll call it flat but up a couple of ticks. and the gold and silver, which have been a safe haven trade, people get nervous, tend to buy gold and silver, we are seeing that too gold is up just under $14 an ounce. sell the risk assets, buy bonds and buy gold this morning here that's here. let's check

if for one more story from the financial times. if we look at the front page there, we will see one of the famous statues, "cold case, greece renews marbles plea." i did not see any greek government ministers there, the marbles are about to move? it’s ministers there, the marbles are about to move?— about to move? it's quite interesting, _ about to move? it's quite interesting, in _ about to move? it's quite interesting, in this - about to move? it's quite | interesting, in this article, about to move? it's quite - interesting, in this article, the last paragraph is the one which is the greek— last paragraph is the one which is the greek prime minister — he actually— the greek prime minister — he actually points out that boris johnson _ actually points out that boris johnson was a passionate supporter of returning the artefacts when he was president of the oxford union in 1986 _ was president of the oxford union in 1986 so _ was president of the oxford union in 1986. so he's basically saying, "conre — 1986. so he's ba

the front page of the financial times is saying that bosses will soon be banned from

. >> my name is edward lewis, i'm the editor of the financial times, i'm delighted to'm be hee at the club of california to talk to thomas wright about his new book which you should all read. pandemic politics. in the end of the old national order. it's a great book. i've actually read it and i strongly recommend it. tom is an old friend but he knows if your friend writes a mediocre book and have a conversation with him in california and i don't like thee of the articles that you've written around the book that 2020, the beginning of the pandemic is likely to be one of the strong years in modern history much like 2018 financial crisis 2001, 9/11 covid-19 89 the end of the cold war. this is a seminole date that weo should pay attention to. can you elaborate on what is so paradigm shifting about covid-19? >> thank you so much, it is great to be doing this and thank you to california for the opportunity. i think when you look at its co-authored and we spoke april and may of last year about doing a book. i think we taught at that time that 2020 was an incredibly important year because it

financial times and i'm delighted to be here at thise event to talk to thomas wright about his new book , which you should all read as well as by, aftershocks, pandemic, politics and theaf end of the old international order. it's a great book. i've actually read it and i strongly recommended that tom is an old friend, but he knows if a friend writes a mediocre book ov invites to have a conversation with himon then i don't like the book i will quickly find a dentist appointment or uncles funeral as an excuse and this isn't one of those instances. it's a very timely book. it looks at the international context of how the world handlei in its handling or mishandling of the pandemic since 2020 and what the likely geopoliticalel longtail of this is going to be. tom is a senior fellow of the brookings institution, contributing writer for the atlantic monthly. he has written a previous book that came out in 2017, all measures short of war, which in many ways is a precursor to this because it looks at the new era of great power politics, so it's a great pleasure to be here in conversation with t

i want to take us to the financial times, because it is the same story, this is more on the political angle. the toing and throwing between france and britain. at the heart of this, what do you think it is? a lot of the agencies that work with migrants, the numbers aren't actually that significant as people are led to believe. is this really just an election hot potato? well, there's no doubt _ just an election hot potato? well, there's no doubt it _ just an election hot potato? well, there's no doubt it really - just an election hot potato? well, there's no doubt it really suits - there's no doubt it really suits macroh's_ there's no doubt it really suits macron's reelection agenda to take a stance _ macron's reelection agenda to take a stance with _ macron's reelection agenda to take a stance with britain over this and make _ stance with britain over this and make out— stance with britain over this and make out that it's borisjohnson's fault~ _ make out that it's borisjohnson's fault~ he — make out that it's borisjohnson's fault. he accused him today of politicising this tragedy

. >> stock futures indicate a lower open after the ceo of moderna told financial times that existing vaccines are unlikely to be as effective against omicron as other variants. the dow gained 236, the nasdaq rallied 291, s&p 500 added 60 points. twitter cofounder jack dorsey is stepping down as ceo. in an email to staff, he didn't give a specific reason for walking away. only saying the decision was his own. dorsey will remain on twitter's board of director until next may. he's recently faced criticism as serving for ceo he also founded, the payment firm square. the chief technology officer will replace dorsey effective immediately. >> amazon workers in alabama are getting the new vote whether to become the company's first unionized warehouse in the nation. ordering a revote. an agency review found amazon improperly pressured staff to vote against joining back in april. the move tainted the original enough to scrap its results. amazon is expected to appeal the ruling. >>> a fake christmas tree like we've never seen before. made out of cardboard and on display in new jersey. a local a

the financial times says there�*s a clash between britain and france following the incident in the english channel. the metro leads with the desperation of people arriving to the uk by boat, with a young boy pictured wrapped in a blanket at dover. the independent — a plea for safe routes to britain is �*rejected�* by ministers. the daily mirror describes the channel—crossing dinghies as �*diy death boats�*, as it says �*people will still take risk. the times — more talk of the new covid variant as it halts travel to africa. the daily express highlights the response to the channel crossing tragedy as british are set to patrol french beaches. —— british troops. that was a quick look through some of those front pages. let�*s start off and kick off our chat. jessica i wonder if you could kick off with your front page. this is your story as well. this covid variant poses significant threat. it's variant poses significant threat. it�*s a flight ban as well, so it�*s particularly super stringent which shows you how seriously they are taking this this variant, which is ri

moderna's ceo talked to the financial times about vaccine uncertainty, predicting that there will be a, quote, material drop in vaccine effectiveness. the question is how much. nevertheless, medical experts agree that the best way to go ahead -- to get ahead of omicron right now or any of the variants is getting every person possible vaccinated and/or boosted which puts white house messaging in the spotlight. ron klain responded on twitter to nbc's first read, disputing the notion that the white house was losing the messaging war on the vaccine mandate. even though less than half the country now supports a vaccine mandate, according to our most recent nbc news poll. mike memoli is in minnesota ahead of president biden's visit to talk infrastructure. also with us is washington state secretary of state dr. amir shaw and also with me is dr. zeke emmanuel from the university of pennsylvania and he's also advised president biden on covid both during the campaign and since in office. mike, i want to start in minnesota with you. what's interesting is there is a choice the white house could

the front page of the financial times is saying that bosses will soon be banned from calling out of ours. this is something that has come about because of the increase in remote working, the fear that rather than improving worklife balance, itjust means work and some of into all hours of the day —— evaporating in all hours of the day and there's no cutoff point. all hours of the day and there's no cutoff point-— cutoff point. one part of the story that's interesting _ cutoff point. one part of the story that's interesting is _ cutoff point. one part of the story that's interesting is bosses - cutoff point. one part of the story that's interesting is bosses won'tl that's interesting is bosses won't be able _ that's interesting is bosses won't be able to— that's interesting is bosses won't be able to e—mail out of hours because, _ be able to e—mail out of hours because, as you quite rightly say, if people — because, as you quite rightly say, if people are set up in front of their— if people are set up in front of their computer at home anyway, that might— their computer a

the financial times leads with plans by shell to move its headquarters and tax base from the netherlands to the uk. the metro tells of the extraordinary escape by taxi driver david perry, who was in his cab when sunday's bomb went off in liverpool. the guardian goes with the raising of the terror threat level in response to that explosion. the telegraph is one of several papers to report on the background of the suspect, saying he converted to christianity, but it's not known if he was following the faith at the time of the attack. the mail also looks at the bomber�*s background, saying he'd previously been arrested for possession of a large knife. the i splashes on the fact that people aged over a0 will now be able to get a covid boosterjab. and the manchester evening news — along with a number of other northern papers — mocks up the poster from the movie trainspotting to urge the government to build the high speed hs2 rail system in full. let's bring in and start with the daily telegraph front page. this development about the suspect in this bombing in liverpool, that he was a ch

the financial times leads with amazon plans to stop taking visa credit cards as the battle over fee5 intensifie5. the metro has a picture of the queen meeting general nick carter, as she is seen returning to her royal duties after some time off. moving on to the i, which is leading with the tory backbenchers' anger at number ten after a disastrous fortnight spilt over in scenes of open defiance at the house of commons today. an interview with security guard darren knowles, who raced to help taxi driver david perry after terrorist emad al swealmeen set off his bomb outside liverpools women's ho5pital, is the lead in the daily mirror. bori5johnson says he made a mistake, as he concedes minister broke lobbying rules over the 0wen paterson ca5e is the lead in the telegraph. the gurdian is leading with the social care cost story which could expo5e poorerhomeowners to "catastrophic" co5ts. —— poorer homeowners. let's get into the detail of some of those, and we will start with the telegraph. what's interesting about this is that we saw the rather terse 5cene5 this is that we saw the ra

joining me is the chair of the editorial board and editor at large of "the financial times." it's really good to see you, julie. inflation is a real issue, and every corner of the economy is feeling it, from the neediest to the people who are not so needy, and businesses alike. when are we going to see some relief? >> that's what a lot of people are asking. the numbers are amazing. "the financial times" has just crunched the cost of ingredients for a thanksgiving day meal, and it's about 25% higher than it was before the covid pandemic. fuel costs, as everyone knows, about 50% up at the start of the year. and if you look at the actual rate of inflation, 6.2%, that's one of the highest amongst the major economies in the world right now. if you want to be optimistic, you say, like the federal reserve or the white house, this is just temporary, and once you start getting businesses investing and expanding their capacity and their ability to meet demand, once you get some of the supply chain glitches basically taken out of the system, it will heal itself. that's the optimistic vi

starting with the financial times, which has a report claiming that a number of emails were exchanged between the ex—barclays boss jes staley and jeffrey epstein. 1200 in all. it also covers the introduction of new lockdown measures in the netherlands, after coronavirus infection rates there hit their highest level since the pandemic began. meanwhile, the i has a special report on how the government here expects the coronavirus pandemic to end. it says there are three scenarios being set out, with the most likely seeing the world moving on from covid late next year or into 2023. the guardian has a story on its front page in which it alleges that the villa which the prime minister stayed at in a recent holiday in marbella has been linked to tax evasion. the lawyer for the company says the case was not one of tax evasion. the times leads with calls from the british government for french authorities to take more action to stop people crossing the channel, after almost 1,200 migrants made the journey in one day this week. let's begin, let's start with the guardian, if we can. it is all

this is financial times. china's efforts to eliminate covid-19 are coming under increasing pressure, with officials warning of a grave challenge in the months ahead. the current wave of cases has reached the majority of the country's 31 provinces, in the broadest outbreaks since the early days of covid-19 pandemic last year. they go on to say, doctor, china on a per capita basis, is the most vaccinated nation on earth. it is also the largest percentage of humanity in one country. are we looking at the possibility that we're grows in china could come to the rest of the world, variance included? >> i think that china has been the most draconian in terms of its containment effort. i think their efforts have been successful but those are not efforts that could've been carried out anywhere else. within the nation, travel restrictions, massive lockdown suddenly, massive testing -- and separately, economically, what you are seeing with this delta wave is really knocking at the door. what you're seeing in russia as w

and reader engagement is trending up. platforms like bloomberg the financial times and gives moto, are all responding with new, specialized content. but check out the top 10 most popular story list on the b, b, c. the washington post or the guardian on any given day this week. other topics like politics, crime, even celebrities proved more popular with readers than a climate story that could change everything. we've been very well trained over the years to respond to trivia so much political journalism is basically just who's in, who's out like a soap opera. so we expect the news to be a soap opera. tune into any station on a day of climate disaster and listen to what people are talking about. and it is the most ineffable trivia. the whole world is going to hell in a hancock and women. shorty back should be the central thing. trusted needs a fairly low. i do think the solution lies possibly and rethinking what news is all who expire on climate journalism holds popsicle key to this. there's a way to do it. generation amtrust group has decided that feel very much that uses the leaks. it'

and reader engagement is trending up. platforms like bloomberg the financial times and gives moto, are all responding with new, specialized content. but check out the top 10 most popular story list on the b, b, c, the washington post or the guardian on any given day this week. other topics like politics, crime, even celebrities proved more popular with readers than a climate story that could change everything. we've been very well trained over the years to respond to trivia so much political journalism is basically just who's in, who's out. it's like a soap opera. so we expect the news to be a soap opera. tune into any station on a day of climate disaster and listen to what people are talking about. and it is the most ineffable trivia. the whole world is going to hell in the hancock and say, women, surely that should be the central to. he just needs a fairly low. i do think the solution lies possibly in rethinking what new is all who expire. and climate journalism holds popsicle key to this as a way to actually do a generation amtrust group. if i get that feel very much that uses the r

the financial times reports that stock markets across the world have fallen sharply, after the discovery of the new covid variant raised fears over the economic recovery. a different story on the front page of the times. it leads with the english channel crisis — with the uk warning france of more deaths, unless talks between the two reopen. the breaking news that has come too late for the newspaper, the death of the hollywood composer who has died at the age of 91. outlets that will feature and some of the later editions and certainly some of the online additions. let's begin with cobit. he to start us off on mirror, please? cobit. he to start us off on mirror, lease? ., ,., please? 50, the mirror reporting that the please? so, the mirror reporting that the com _ please? so, the mirror reporting that the cobit vaccine, - please? so, the mirror reporting that the cobit vaccine, there - please? so, the mirror reporting| that the cobit vaccine, there are fears that co— that very end is already in the uk. we know that there has been reports that there is already the variant identified i

and reader engagement is trending up. platforms like bloomberg the financial times and gives moto, are all responding with new, specialized content. but check out the top 10 most popular story list on the b, b, c, the washington post or the guardian on any given day this week. other topics like politics, crime, even celebrities proved more popular with readers than a climate story that could change everything. we've been very well trained over the years to respond to trivia so much political journalism is basically just who's in, who's out like a soap opera. so we expect the news to be a surprise. tune into any station on a day of climate disaster and listen to what people are talking about. and it is the most ineffable trivia. the whole world is going to hell in the hancock and say, wait a minute shortly back should be the central thing. trusted needs a fairly low. i do think the solution lies possibly in rethinking what news is full, who it's by on climate journalists. i'm holds popsicle key to this. there's a way to me to do a generation amtrust group of society that feel very much

and reader engagement is trending up. platforms like bloomberg the financial times and gives moto, are all responding with new, specialized content. but check out the top 10 most popular story list on the b, b, c, the washington post or the guardian on any given day this week. other topics like politics, crime, even celebrities proved more popular with readers than a climate story that could change everything. we've been very well trained over the years to respond to trivia so much political journalism is basically just who's in, who's out like a soap opera. so we expect the news to be a soap opera, june inter at him station on a day of climate disaster and listen to what people are talking about. and it is the most ineffable trivia. the whole world is going to hell in the hancock and say, wait a minute, short, he's actually the central to he trusted needs is fairly low. i do think the solution lies possibly in rethinking what news is all who expires on climate journalists. i'm holds popsicle key to this. there's a way to ask me to do a generation amtrust group of society that feel ver

and reader engagement is trending up. platforms like bloomberg the financial times and gives moto, are all responding with new, specialized content. but check out the top 10 most popular story list on the b, b, c, the washington post or the guardian on any given day this week. other topics like politics, crime, even celebrities proved more popular with readers than a climate story that could change everything. we've been very well trained over the years to respond to trivia so much political journalism is basically just who's in, who's out like a soap opera. so we expect the news to be a soap opera, june into any station on a day of climate disaster and listen to what people are talking about. and it is the most ineffable trivia. the whole world is going to hell in the hancock and say, wait a minute shortly, back should be the central to he trusted needs a fairly low. i do think the solution lies possibly in rethinking what news is full, who it's by on climate journalism holds popsicle key to this. there's a way to me to do a generation and chris group of society that feel very much th

the financial times has an image of richard ratcliffe holding up a photo of his wife nazanin zaghari—ratcliffe, who has been held in iran since 2016. mr ratcliffe has been on hunger strike for 18 days. the times says a number of mps are renting out their homes while claiming expenses on separate properties. right, let's begin. i am right, let's begin. iam not right, let's begin. i am not sure if those stories were linked. i may have inadvertently alighted two stories there. anyway, we'll find out more as we look at the papers. let's start with daisy, if you would not mind, you want to kick us off tonight? and i would like to begin, if i can find my list, with the metro. . , . . if i can find my list, with the metro. . , ., . . ,, metro. the ambulance crisis, which we have all— metro. the ambulance crisis, which we have all heard _ metro. the ambulance crisis, which we have all heard the _ metro. the ambulance crisis, which we have all heard the end - —— anecdotal stories about how long the weights are forever lances, but it seems the beating for crisis —— for the ambulances. the prob

times as well as climate terms. are there any countries where policies have been implemented successfully, which can be translated to other countries? you had the e u, it's obviously quite to had and you could also say the u. k. europe is much ahead in its co pays our policies and there was hardly any code on the system at all. and it has done so by incentivizing renewables. and by putting a carbon price in and doug has really let now to the market pushing codo out of the system. and the, the carbon types have been one of the most successful tools to get that transition on the way. the difficulty of course, is those are the richer developed countries you're talking about in developing countries. it's much more of a challenge we heard from india prime minister recently, who said that developed nations should contribute a large chunk off their finance for this energy transition of poor developing nations. what is the solution? do you think to make these changes in developing countries? there is a great chance in many

in financial times while of climate terms, are there any countries where policies have been implemented successfully, which can be translated to other countries? you had the e. u is obviously quite dead and you could also say the u. k. europe is much ahead in its co pays our policies and there was hardly any code on the system at all. it has done so by incentivizing renewables. and by putting a carbon price in bob has really let now to the market pushing code of out of the system and be the carbon price has been one of the most successful tools to get that transition on the way. the difficulty of course, is those are the developed countries you're talking about in developing countries. it's much more of a challenge we heard from india's prime minister recently, who said that developed nations should contribute a large chunk of their finance for this energy transition of poor developing nations. what is the solution? do you think to make these changes in developing countries? there is a great chance in many developing countries to actually achieve access to energy through renewables. the

and reader engagement is trending up. platforms like bloomberg the financial times and gives moto, are all responding with new, specialized content. but check out the top 10 most popular story list on the b, b, c, the washington post or the guardian on any given day this week. other topics like politics, crime, even celebrities proved more popular with readers than a climate story that could change everything. we've been very well trained over the years to respond to trivia so much political journalism is basically just who's in, who's out. it's like a soap opera. so we expect the news to be a set of june into any station on a day of climate disaster. and listen to what people are talking about. and it is the most ineffable trivia. the whole world is going to hell in a hancock and say, wait a minute shortly back should be the central thing. trust it needs a fairly low. i do think the solution lies possibly in rethinking what news is all who expires on. climate journalism holds popsicle key to this as a way to upgrade to a generation amtrust group to society that feel very much that use

the financial times focusses on the flurry of travel restrictions that have come in across the globe — in an attempt to curb the transmission of the variant. so let's begin... the transmission of the variant. joe, the transmission of the variant. let's start with you to joe, let's start with you and turn to the mail. boosterfor all over 18, it confidently predicts reveal. everyone in britain to be offered third job within weeks you combat spread of omicron variant. to be fair, this is a story that appears on quite a lot of the front pages. yes, it is. exceptionally competent it is can happen. they signed a whitehall say that the joint committee on vaccines and immunisation is going to expand for boosters the government holds will be the first line of defence against the omicron variant if more people get these boosterjobs that they hope will reduce transmission of disease and hospitalisations and deaths. the of disease and hospitalisations and deaths. ., , of disease and hospitalisations and deaths. ., _ , ., of disease and hospitalisations and deaths. ., , ., ., deaths. the quote

told the "financial times" there is no world where his companiay vaccine has the same level of effectiveness against omicron as it does with the delta variant. and regeneron, makers of an antibody treatment that can reduce risk of hospitalization and death by 70% in high-risk patients, says early evidence shows it is less effective against omicron and may need to be updated. meanwhile, the u.s. is stepping up its surveillance system for tracking new coronavirus variants. >> we are now sequencing approximately 80,000 samples per week, about one in every seven p.c.r.-positive cases. and that's more than any other country. >> reporter: currently, testing antibody response against the new variant is dr. david ho of columbia university. >> we suspect that there will be a significant amount of loss in activity. the antibodies that had been elicited by the current vaccine may have worked very well against the original strain, or even the delta strain, but will work less well against omicron. >> reporter: what does that mean for the amount of time it could now take to be protected against this strai

i'm joined byjohn burn—murdoch from the financial times. what are the figures telling you? the situation in the uk at the moment i think is a complex one. it was only a few days ago that some people including myself that it looked like we perhaps were over the worst of things for this winter, but in the last few days we have seen numbers to cup again, and i think of anything that is a lesson that this thing very much isn't over until it is over. the perhaps slightly more optimistic note at the moment it at the current uptick we have seen since children went back to school after half term looks like it may not be continuing for that much longer, and it does continue to be concentrated among young people at the moment, which means the people who are most vulnerable to getting severely ill are currently not seeing cases in high numbers. 50 seeing cases in high numbers. so just going back to the uptick that you said, does that directly correlate with the return to school? it is very difficult with this disease to point to a single factor being the driving force behind any trend

you will get much more volatility and the cost will ultimately be much, much higher in financial times as well as climate terms. are there any countries where policies have been implemented successfully, which can be translated to other countries? you had the e. u is obviously quite dead and you could also say the u. k. europe is much ahead in its co pays our policies and there was hardly any code on the system at all. and it has done so by incentivizing renewables. and by putting a carbon price in and that has really let now to the market pushing code on our system and be a carbon price has been one of the most successful tools to get that transition on the way. the difficulty of course, is those are the developed countries you're talking about in developing countries. is much more of a challenge we heard from india's prime minister recently, who said that developed nations should contribute a large chunk off their finance for this energy transition of poor developing nations. what is the solution? do you think to make these changes in developing countries? there is a great chance in

you will get much more volatility and the cost would ultimately be much, much higher in financial time as well as climate times. are there any countries where policies have been implemented successfully, which can be translated to other countries? you had the e. u is obviously quite dead and you could also say the u. k. europe is much ahead in its co pays are policies and there was hardly any code on the system at all. and it has done so by incentivizing renewables. and by putting a carbon price in and doug has really let now to the market pushing co out of the system and be a carbon types have been one of the most successful tools to get that transition on the way. the difficulty of course, is those are the developed countries you're talking about in developing countries. is much more of a challenge we heard from india's prime minister recently, who said that develop nations should contribute a large chunk off their finance for this energy transition of poor developing nations. what is the solution? do you think to make these changes in developing countries? there is a great chance in

the financial times has a report claiming that a number of emails were exchanged between the ex—barclays boss, jes staley, and jeffrey epstein. who died injailjust over a year ago. the times leads with calls for french authorities to take more action to stop people crossing the channel, after a record 12 hundred migrants made thejourney in one day and the front page of the mirror claims meghan markle said prince harry was �*constantly berated' by the royal family over her relationship with her father. so let's begin... rather her lack of a relationship with her father, rather her lack of a relationship with herfather, i suppose. mark, rather her lack of a relationship with herfather, isuppose. mark, do you want to kick us with herfather, isuppose. mark, do you want to kick us off with herfather, isuppose. mark, do you want to kick us off this time with the guardian? cop26 still no deal is deadline passes but they are still talking. deal is deadline passes but they are still talkina. , , ., deal is deadline passes but they are still talkin. , , ., ~ , still talking. yes, they are. as we

the head of the international chamber of commerce and the cbi both spoke to the financial times and said pressure needs to remain on global leaders to keep the 1.5 degrees celsius target in sight. a large number business leaders attended the glasgow summit. helen mountford is vice president of climate and economics at world resources institute. she was also there. helen, good to have you on the programme. since the deal emerged late saturday, there has been so much analysis. we have heard a lot about various people's disappointment. your reaction to the deal?— to the deal? the deal is what it is, it is _ to the deal? the deal is what it is, it is as _ to the deal? the deal is what it is, it is as imperfect - to the deal? the deal is what it is, it is as imperfect as - to the deal? the deal is what it is, it is as imperfect as it i it is, it is as imperfect as it is, is what alok sharma said, but it lays out a clear mode but it lays out a clear mode but for what we need to do next, and urgently. i give a clear roadmap. we knew there were two big doubts, one on reducing emissions in a wa

jonathan: i want to turn to a story in the financial times i just got published. the fed's inflation miscalculations. read the first couple paragraphs. surprises on the upside, the underlying driver has been one of the most vulnerable segments of the population. those have been characterizing this inflation episode is transitory. we reduce the convictions despite contradictory data. go to the conclusion that this is really punchy. failure to act properly would turn any characterization from one of the worst information -- inflations in decades with widespread and unnecessary damage particularly to the most vulnerable segments of society. that piece just dropping. tom: the essence of this is the game theory of all of this, what he's talking about through this heated essay. limiting or diminishing the freedom they have in decision-making. jonathan: we will keep talking about this one. tom keene, lisa abramowicz, jonathan ferro, advancing for tens of 1%. for our audience worldwide, it is day two of inflation in america. this is bloomberg. ♪ >> deletion is going to

but late tonight, moderna's ceo said to the financial times that it appears there will be a quote material drop in the efficacy of current covid vaccines against the omicron variant. meantime spain announced its first confirmed case today and the omicron variant has spread now, too. five continents. genetic sequencing shows the omicron vary. it has 50 mutations, including some known to allow the virus to bind to human cells more tightly and cause high transmission. ucsf urologist nadia ron says that that is the reason for the urgency to collect data. it's theoretically concerning because it has a lot of mutations more than delta, for example, and it has a lot of mutations within the spike protein, which is the target of most of our vaccines, and the world health organization sounded a little arm monday, calling the global risk very high. the armor con variant has now been found beyond southern africa in canada, asia, australia and europe. moderna announced monday it is testing existing vaccines, and it could take 2 to 3 months to produce an all macron vaccine booster if it's needed. health

you will get much more volatility and the cost would ultimately be much, much higher in financial time as well as climate times. are there any countries where policies have been implemented successfully, which can be translated to other countries? you had the e u, it's obviously quite to had and you could also say the u. k. europe is much ahead in its co pays our policies and there was hardly any code on the system at all. and it has done so by incentivizing renewables. and by putting a carbon price in and doug has really let now to the market pushing co out of the system and be a carbon types have been one of the most successful tools to get that transition on the way. the difficulty of course, is those are the developed countries you're talking about in developing countries. is much more of a challenge we heard from india's prime minister recently, who said that developed nations should contribute a large chunk off their finance for this energy transition of poor developing nations. what is the solution? do you think to make these changes in developing countries? there is a great cha

. ♪♪ >> my name is edward, i'm associate editor of financial times and i am delighted to be here at this club of california. his new book, pandemic politics and the end of the old international order. i have read it. i strongly recommended, but if a friend writes with him i quickly find humor as an excuse and this is an instance like a timely book and it looks at the context for the handling or mishandling of the pandemic since 2020 and what will likely entail. it's going to be is a senior fellow of the brookings institution, a writer for the atlantic monthly, he's written a previous book that came out in 2017, in many ways it's a precursor to this because it looks at the new era of politics so let me start by asking you you mentioned in the book some of the articles you written about the book the beginning of the pandemic, one of those strong years in history, modern history much m like 2008 financl crisis 2001, 9/11 1989, the end of the 8 cold war it's something we should pay attention to and elaborate on. what is your position on covid-19? >> it's great to be doing this with you and t

colby smith at the financial times. >> thank you. what are the economic conditions that would warrant a faster pace of tapering? how you would characterize the risk that the fed may need to accelerate that process eventually? thank you. >> i guess as i said in my opening remarks, assuming that the economy performs as broadly as expected. with similar reductions in net asset purchases will be appropriated each month and we are prepared to deviate from that path if warranted by changes in the economic outlook. i will not give you a lot more detail on what that might be. if we do see something like that happening, if it becomes a question, we will communicate transparently and openly. but i am just going to leave it with the words that are in the statement. was there a second part? >> on characterizing the risk, that you might have to do so later on. >> i would just leave you with the words we have here. we are prepared to speed up or slow down the pace of reductions in asset purchases if it is warranted by changes in the economic outlo

the financial times says there�*s a clash between britain and france following the incident in the english channel. the metro leads with the desperation of people arriving to the uk by boat, with a young boy pictured wrapped in a blanket at dover. the daily mirror describes the channel—crossing dinghies as �*diy death boats�* as it says �*people will still take risk�*. the daily express highlights the response to the channel crossing tragedy as british troops are set to patrol french beaches. the daily mail says the prime minister told emmanuel macron in a letter that he needs to stop blocking the uk help to patrol french beaches. that is how the front pages are looking. jessica and claire, lovely to have us back. claire, we started with jessica�*s paper, but your take on this lead story. jessica's paper, but your take on this lead story.— this lead story. this is to -- of the b1 125 _ this lead story. this is to -- of the b1 125 variant. _ this lead story. this is to -- of the 31 125 variant. not - this lead story. this is to -- of the bl 125 variant. not a very l the b1125

. >> my name is edward luce, associate editor of the football times, and i'm -- financial times, and i'm delighted to be at this event to talk to thomas wright about his new book which you should all read as well as

i look at james burns murdoch's work at the financial times and it does not dovetail. germany's numbers are not that much different than the united states on deaths, look at the headline. can you imagine biden says the american covid situation worse than anything so far. lisa: this is the key, tighter curbs are needed. will they enter some sort of lockdown akin to what we are seeing in austria. i have to give you a victory lap. i was optimistic about herd immunity and that we would get to a certain threshold of people vaccinated and everybody would be happy. you pushed against that and you were right. tom: there is a complexity that the media doesn't up on and the bottom line is the goodness is at 80% plus or minus that you too much math for monday morning. wednesday, a statistical onslaught. this is bloomberg. ♪ every day in business brings something new. so get the flexibility of the new mobile service designed for your small business. introducing comcast business mobile. you get the most reliable network with nationwide 5g included. and you can get unlimited data