1 00:00:35,330 --> 00:00:40,230 welcome back on board the Sputnik with 2 00:00:37,980 --> 00:00:43,379 me half Sakura Mustafa standing in again 3 00:00:40,230 --> 00:00:45,840 for George Galloway and me Gayatri the 4 00:00:43,379 --> 00:00:48,239 leak of over 11 million files from a 5 00:00:45,840 --> 00:00:50,699 panama-based law firm mossack fonseca 6 00:00:48,239 --> 00:00:52,769 continues to send shockwaves around the 7 00:00:50,699 --> 00:00:54,809 world the documents passed on by 8 00:00:52,769 --> 00:00:56,580 anonymous sources to Germany's daily 9 00:00:54,809 --> 00:00:58,379 zeitung with them sent to the 10 00:00:56,580 --> 00:01:00,750 washington-based international 11 00:00:58,379 --> 00:01:02,550 consortium of investigative journalists 12 00:01:00,750 --> 00:01:04,620 which then shared them with various 13 00:01:02,550 --> 00:01:08,520 international media including business 14 00:01:04,620 --> 00:01:11,070 garden and the BBC the papers revealed a 15 00:01:08,520 --> 00:01:13,350 network of secret offshore deals and 16 00:01:11,070 --> 00:01:15,900 loans involving political officials 17 00:01:13,350 --> 00:01:18,000 royalty as well as celebrities from 18 00:01:15,900 --> 00:01:20,670 across the globe but what do these 19 00:01:18,000 --> 00:01:23,270 investments mean and who do they impact 20 00:01:20,670 --> 00:01:25,860 and what will these revelations lead to 21 00:01:23,270 --> 00:01:27,960 hoping to unravel some of the mysteries 22 00:01:25,860 --> 00:01:30,149 around the opaque and murky world of 23 00:01:27,960 --> 00:01:32,640 international finance is journalist and 24 00:01:30,149 --> 00:01:34,530 activist Steve topple Steve welcome to 25 00:01:32,640 --> 00:01:36,719 the show thank you family Steve before 26 00:01:34,530 --> 00:01:38,880 we sort of go into the consequences of 27 00:01:36,719 --> 00:01:41,189 this massive effect and it just took 28 00:01:38,880 --> 00:01:43,799 through a bit about what it at what the 29 00:01:41,189 --> 00:01:47,189 Panama leaks actually mean and pretty 30 00:01:43,799 --> 00:01:49,649 much wild the timing I think the timing 31 00:01:47,189 --> 00:01:51,210 to start with is extremely interesting 32 00:01:49,649 --> 00:01:53,700 there's been an undercurrent of 33 00:01:51,210 --> 00:01:56,729 discontent and over the past few years 34 00:01:53,700 --> 00:01:58,770 with the situation with offshore tax 35 00:01:56,729 --> 00:02:01,140 havens has a lot been bubbling under 36 00:01:58,770 --> 00:02:04,380 public sentiment is quite angry at the 37 00:02:01,140 --> 00:02:06,030 moment I'm and broader than that public 38 00:02:04,380 --> 00:02:09,240 sentiment with the financial system that 39 00:02:06,030 --> 00:02:12,390 we live under generally people really 40 00:02:09,240 --> 00:02:14,120 aren't happy and I i think this brings a 41 00:02:12,390 --> 00:02:16,350 lot of things to a head if you like 42 00:02:14,120 --> 00:02:18,210 surrounding just how corporations and 43 00:02:16,350 --> 00:02:20,250 wealthy individuals do go about their 44 00:02:18,210 --> 00:02:22,110 business the one-percent be the one 45 00:02:20,250 --> 00:02:24,420 percent exactly that they're sort of 46 00:02:22,110 --> 00:02:25,800 table done yeah fabled notion that we 47 00:02:24,420 --> 00:02:29,040 will talk about the one percent versus a 48 00:02:25,800 --> 00:02:30,750 99 and so I think it's come to a head 49 00:02:29,040 --> 00:02:33,420 now I think the timing of the leak is 50 00:02:30,750 --> 00:02:34,890 very interesting because it's quite well 51 00:02:33,420 --> 00:02:36,690 known they've been preparing this 52 00:02:34,890 --> 00:02:38,460 information and had it ready over a year 53 00:02:36,690 --> 00:02:40,380 ago and 54 00:02:38,460 --> 00:02:43,730 they had access to possibly up to seven 55 00:02:40,380 --> 00:02:46,290 years and so why they've done it now 56 00:02:43,730 --> 00:02:49,200 various reasons it there's a lot of 57 00:02:46,290 --> 00:02:50,390 debate surrounding that I think it's 58 00:02:49,200 --> 00:02:53,820 important for a number of reasons 59 00:02:50,390 --> 00:02:56,640 because it shines a really bright light 60 00:02:53,820 --> 00:02:59,610 on the machinery if you like of the 61 00:02:56,640 --> 00:03:01,440 offshore tax system it gives the public 62 00:02:59,610 --> 00:03:03,410 hopefully unprecedented access to how 63 00:03:01,440 --> 00:03:06,540 these things actually work and operate 64 00:03:03,410 --> 00:03:08,280 and it also cast quite a dark shadow 65 00:03:06,540 --> 00:03:10,380 over the global financial industry 66 00:03:08,280 --> 00:03:12,210 generally and I don't think they come 67 00:03:10,380 --> 00:03:13,470 off well but we don't but the public 68 00:03:12,210 --> 00:03:14,610 doesn't really have access to all of 69 00:03:13,470 --> 00:03:15,900 them because obviously it's been very 70 00:03:14,610 --> 00:03:18,180 selective and the choice has been made 71 00:03:15,900 --> 00:03:20,910 by the consortium this is the problem 72 00:03:18,180 --> 00:03:23,640 yes and the director of the icij has 73 00:03:20,910 --> 00:03:24,690 come out and out rightly says that 74 00:03:23,640 --> 00:03:26,880 they're not going to release all the 75 00:03:24,690 --> 00:03:28,680 information on this now we're talking 11 76 00:03:26,880 --> 00:03:31,440 and a half million files over two 77 00:03:28,680 --> 00:03:35,550 terabytes of data and so far we've had 78 00:03:31,440 --> 00:03:37,560 149 files so if they're not going to 79 00:03:35,550 --> 00:03:39,660 release it all then how is the public 80 00:03:37,560 --> 00:03:41,520 going to get a full picture they've 81 00:03:39,660 --> 00:03:44,550 called it responsible journalism and by 82 00:03:41,520 --> 00:03:47,430 not releasing all the information I I 83 00:03:44,550 --> 00:03:48,600 beg to differ on that responsible i say 84 00:03:47,430 --> 00:03:50,670 it's fairly irresponsible because 85 00:03:48,600 --> 00:03:52,020 ultimately it's such an issue which is 86 00:03:50,670 --> 00:03:55,560 in the public interest surely it should 87 00:03:52,020 --> 00:03:58,620 be up to us to decide what what is 88 00:03:55,560 --> 00:04:00,990 responsible what is worthy of screening 89 00:03:58,620 --> 00:04:02,730 and what isn't the the affair has 90 00:04:00,990 --> 00:04:04,770 actually claimed its first scalp which 91 00:04:02,730 --> 00:04:07,290 is the prime minister of Iceland 92 00:04:04,770 --> 00:04:09,600 obviously he turned out that he had an 93 00:04:07,290 --> 00:04:11,460 offshore firm in the name of his wife no 94 00:04:09,600 --> 00:04:12,750 it wasn't exactly illegal but the fact 95 00:04:11,460 --> 00:04:14,190 that he didn't reveal it when he became 96 00:04:12,750 --> 00:04:16,350 prime minister obviously indicated 97 00:04:14,190 --> 00:04:18,270 something on towards do you reckon that 98 00:04:16,350 --> 00:04:23,550 other heads are going to roll and if so 99 00:04:18,270 --> 00:04:27,000 which ones I think the thing with in 100 00:04:23,550 --> 00:04:29,030 Iceland is interesting um purely because 101 00:04:27,000 --> 00:04:31,230 they were seen as a slightly 102 00:04:29,030 --> 00:04:33,120 revolutionary band country could like 103 00:04:31,230 --> 00:04:35,610 after the two thousand they crashed i ja 104 00:04:33,120 --> 00:04:37,830 the later bankers and then gave him the 105 00:04:35,610 --> 00:04:41,040 good bash as it were and for him to then 106 00:04:37,830 --> 00:04:43,980 be seen to be operating within that 107 00:04:41,040 --> 00:04:45,720 system which she was obviously fervently 108 00:04:43,980 --> 00:04:47,390 against and i think that's where the 109 00:04:45,720 --> 00:04:51,449 public anger in iceland has come from 110 00:04:47,390 --> 00:04:55,199 will we see more heads roll i I 111 00:04:51,449 --> 00:04:57,180 David Cameron I think he's I think he's 112 00:04:55,199 --> 00:04:59,219 probably fairly safe the time of this is 113 00:04:57,180 --> 00:05:01,289 wonderful Parliament's on recess aren't 114 00:04:59,219 --> 00:05:04,199 they so he can get a battering in p.m. 115 00:05:01,289 --> 00:05:06,059 keys yesterday from Corbin and I think 116 00:05:04,199 --> 00:05:07,469 given the timing and the fact that 117 00:05:06,059 --> 00:05:09,509 Parliament will be back next week I 118 00:05:07,469 --> 00:05:13,110 think could probably get away with it as 119 00:05:09,509 --> 00:05:15,150 these conservative MPs generally do one 120 00:05:13,110 --> 00:05:18,120 of the biggest names in his revelation 121 00:05:15,150 --> 00:05:20,639 is President Putin but he's actually not 122 00:05:18,120 --> 00:05:22,740 actually the documents the media I just 123 00:05:20,639 --> 00:05:24,830 mentioning him that hope how fun is that 124 00:05:22,740 --> 00:05:30,029 no it's like it's like you've got 125 00:05:24,830 --> 00:05:31,979 Putin's brothers dogs nieces cousin was 126 00:05:30,029 --> 00:05:34,529 using an offshore tax haven or something 127 00:05:31,979 --> 00:05:37,259 yeah its name wasn't it Tim yes yeah 128 00:05:34,529 --> 00:05:39,900 yeah so it's on Putin bad and no his 129 00:05:37,259 --> 00:05:41,370 name wasn't even in there I think the 130 00:05:39,900 --> 00:05:43,649 whole thing with this narrative I mean 131 00:05:41,370 --> 00:05:45,300 if we'd have known that this leak was 132 00:05:43,649 --> 00:05:46,469 going to come out on sunday you could 133 00:05:45,300 --> 00:05:48,629 have written script for it saturday 134 00:05:46,469 --> 00:05:52,499 night because we've gone from bosch 135 00:05:48,629 --> 00:05:54,659 putin bash china bash these regimes as 136 00:05:52,499 --> 00:05:56,999 they call them then we've moved on to 137 00:05:54,659 --> 00:05:59,219 having a cheeky dig at david cameron 138 00:05:56,999 --> 00:06:01,409 yesterday all the celebrities came out 139 00:05:59,219 --> 00:06:04,080 and then today when interest is dying 140 00:06:01,409 --> 00:06:06,449 down the news turns to what is actually 141 00:06:04,080 --> 00:06:08,219 important in this which is the city of 142 00:06:06,449 --> 00:06:11,339 london and the corporations that are 143 00:06:08,219 --> 00:06:12,959 operating within this but it's now day 144 00:06:11,339 --> 00:06:15,629 four of the leak public interest is 145 00:06:12,959 --> 00:06:17,339 probably waned on it so they made sure 146 00:06:15,629 --> 00:06:21,120 they got the stories they wanted us to 147 00:06:17,339 --> 00:06:23,039 talk about I as you say Putin yeah and 148 00:06:21,120 --> 00:06:24,270 his rather lane connection to it 149 00:06:23,039 --> 00:06:27,029 although make sure they got that out 150 00:06:24,270 --> 00:06:28,949 there straight away so it means annonce 151 00:06:27,029 --> 00:06:30,599 but you say you mentioned 10 as well 152 00:06:28,949 --> 00:06:33,749 they were mentioned actually there were 153 00:06:30,599 --> 00:06:37,139 members of the Chinese regime mention so 154 00:06:33,749 --> 00:06:39,599 Howard ever see there I i'm not sure i 155 00:06:37,139 --> 00:06:41,039 think that china's interesting at the 156 00:06:39,599 --> 00:06:45,620 moment they're a country which is trying 157 00:06:41,039 --> 00:06:48,120 to UM swerve away from if you like the 158 00:06:45,620 --> 00:06:49,860 pseudo communist regime they had and 159 00:06:48,120 --> 00:06:52,050 they're trying to move into more Western 160 00:06:49,860 --> 00:06:53,370 model where everything's service 161 00:06:52,050 --> 00:06:54,870 industry based like they're laying off 162 00:06:53,370 --> 00:06:56,610 about five million workers over the next 163 00:06:54,870 --> 00:06:59,459 five years aren't they and in the public 164 00:06:56,610 --> 00:07:01,139 sector and so how that news will be 165 00:06:59,459 --> 00:07:02,939 receiving China I'm not sure they're 166 00:07:01,139 --> 00:07:04,280 still quite authoritarian aren't they 167 00:07:02,939 --> 00:07:06,020 and 168 00:07:04,280 --> 00:07:07,790 the state does control the public's 169 00:07:06,020 --> 00:07:09,110 perception of their government I think 170 00:07:07,790 --> 00:07:11,330 that yeah that's going to be interesting 171 00:07:09,110 --> 00:07:13,400 how that pans out what the public and 172 00:07:11,330 --> 00:07:15,620 China do you think of it back in the UK 173 00:07:13,400 --> 00:07:17,450 do you think that at the very least just 174 00:07:15,620 --> 00:07:19,130 to sort of give something to public 175 00:07:17,450 --> 00:07:20,750 opinion which is very angry considering 176 00:07:19,130 --> 00:07:22,610 all the financial scandals over the past 177 00:07:20,750 --> 00:07:24,919 five seven years and is there going to 178 00:07:22,610 --> 00:07:26,960 be some change to banking regulations 179 00:07:24,919 --> 00:07:28,760 something that says that you know no 180 00:07:26,960 --> 00:07:30,860 more of this impunity for so many 181 00:07:28,760 --> 00:07:32,120 high-ranking officials I think the 182 00:07:30,860 --> 00:07:35,300 government will have to be seen to be 183 00:07:32,120 --> 00:07:37,820 doing something now yes because of 184 00:07:35,300 --> 00:07:40,250 Cameron and his colleagues have been 185 00:07:37,820 --> 00:07:44,120 going on and on and on for years since 186 00:07:40,250 --> 00:07:45,260 the last crash in 2008 they when they 187 00:07:44,120 --> 00:07:46,610 were an opposition that was saying about 188 00:07:45,260 --> 00:07:47,930 the new title regulations however 189 00:07:46,610 --> 00:07:50,510 they've sat on the hands and done 190 00:07:47,930 --> 00:07:54,110 nothing and so I think now it will be 191 00:07:50,510 --> 00:07:56,419 imperative for them to do something the 192 00:07:54,110 --> 00:07:59,810 problem being is this going to make any 193 00:07:56,419 --> 00:08:02,840 difference this whole system of offshore 194 00:07:59,810 --> 00:08:05,030 tax havens the money that goes into it 195 00:08:02,840 --> 00:08:08,000 and comes out is so entrenched and 196 00:08:05,030 --> 00:08:12,020 systemic within the world we live in 197 00:08:08,000 --> 00:08:14,330 that the proposals their table in which 198 00:08:12,020 --> 00:08:16,850 is country-by-country reporting of 199 00:08:14,330 --> 00:08:21,320 companies that use and blacklisting of 200 00:08:16,850 --> 00:08:22,940 tax havens and base erosion profit 201 00:08:21,320 --> 00:08:25,130 shifting countermeasures which is where 202 00:08:22,940 --> 00:08:26,630 companies moving up money offshore to 203 00:08:25,130 --> 00:08:28,430 make sure that the country they've 204 00:08:26,630 --> 00:08:30,380 registered in they pay very little tax 205 00:08:28,430 --> 00:08:34,070 is this going to make any difference 206 00:08:30,380 --> 00:08:35,900 it's like this system is I Hydra if you 207 00:08:34,070 --> 00:08:37,460 like a mythological Hydra you chop off 208 00:08:35,900 --> 00:08:40,310 one head and another one's going to 209 00:08:37,460 --> 00:08:43,849 appear somewhere else and I just think 210 00:08:40,310 --> 00:08:46,160 that it's too deep and too rotten for it 211 00:08:43,849 --> 00:08:47,450 them to ever be changed and if I'm just 212 00:08:46,160 --> 00:08:50,720 giving one brief example just to show 213 00:08:47,450 --> 00:08:52,790 how deep this goes Oxfam charity 214 00:08:50,720 --> 00:08:54,080 campaigning against poverty and they 215 00:08:52,790 --> 00:08:56,420 released report at the start this year 216 00:08:54,080 --> 00:08:59,810 saying 62 people in as much wealth as 217 00:08:56,420 --> 00:09:02,000 fifty percent of the world they accept 218 00:08:59,810 --> 00:09:04,420 donations from the Schulich charitable 219 00:09:02,000 --> 00:09:07,370 foundation as in jewett packard 220 00:09:04,420 --> 00:09:09,710 hewlett-packard operates in tax haven 221 00:09:07,370 --> 00:09:10,970 Bermuda and so oxfam's money that 222 00:09:09,710 --> 00:09:13,910 they're being given is coming directly 223 00:09:10,970 --> 00:09:15,890 from a tax haven this is how deep it 224 00:09:13,910 --> 00:09:17,779 goes in charities are receiving money 225 00:09:15,890 --> 00:09:21,259 from the offshore business 226 00:09:17,779 --> 00:09:23,120 if you like it's it's somewhat 227 00:09:21,259 --> 00:09:25,420 mind-blowing how big it is and i just 228 00:09:23,120 --> 00:09:28,699 think any regulation is it's going to be 229 00:09:25,420 --> 00:09:31,129 pretty inconsequential humans in bermuda 230 00:09:28,699 --> 00:09:34,430 and i've heard of many caribbean islands 231 00:09:31,129 --> 00:09:37,430 as tax havens but not panama obviously 232 00:09:34,430 --> 00:09:40,699 just come from imean law firm well right 233 00:09:37,430 --> 00:09:42,290 there what is it upon allah is there one 234 00:09:40,699 --> 00:09:43,790 more secrets did it hold this is the 235 00:09:42,290 --> 00:09:47,059 thing and this is quite an interesting 236 00:09:43,790 --> 00:09:48,920 point actually why Panama um and it 237 00:09:47,059 --> 00:09:50,329 might eventually shed some light on 238 00:09:48,920 --> 00:09:52,189 exactly where this lake has come from 239 00:09:50,329 --> 00:09:54,800 because palomar signed a free trade 240 00:09:52,189 --> 00:09:56,839 agreement with the u.s. in 2012 which at 241 00:09:54,800 --> 00:09:57,980 the time there's a lot of people have 242 00:09:56,839 --> 00:09:59,720 been armed saying this will encourage 243 00:09:57,980 --> 00:10:02,360 tax avoidance system encourage the rich 244 00:09:59,720 --> 00:10:05,420 to get richer panama and itself isn't 245 00:10:02,360 --> 00:10:07,670 one of the main protagonists of offshore 246 00:10:05,420 --> 00:10:10,490 tax evasion if you like um I think this 247 00:10:07,670 --> 00:10:11,839 firm is obviously a big middleman but 248 00:10:10,490 --> 00:10:14,180 they're not one the line culprits it's a 249 00:10:11,839 --> 00:10:16,819 british virgin islands bermuda the 250 00:10:14,180 --> 00:10:18,889 cayman islands so the fact it's come 251 00:10:16,819 --> 00:10:21,620 from panama I think that's one to watch 252 00:10:18,889 --> 00:10:24,019 I think if and when we find out who 253 00:10:21,620 --> 00:10:25,639 actually because of it they hacked in 254 00:10:24,019 --> 00:10:27,649 someone apparently was what of law firm 255 00:10:25,639 --> 00:10:29,209 said it was an outside nak nothing 256 00:10:27,649 --> 00:10:31,610 internal so someone's got in there and 257 00:10:29,209 --> 00:10:33,259 it will be interesting to watch where 258 00:10:31,610 --> 00:10:34,670 this leak might have actually come from 259 00:10:33,259 --> 00:10:36,350 and who ultimately is going to benefit 260 00:10:34,670 --> 00:10:38,779 from it what I'm interested in now is 261 00:10:36,350 --> 00:10:40,879 that obviously you say it goes in very 262 00:10:38,779 --> 00:10:42,949 very deep and it involves incredibly 263 00:10:40,879 --> 00:10:45,860 powerful people but I mean what do we 264 00:10:42,949 --> 00:10:47,300 expect does this is something it's done 265 00:10:45,860 --> 00:10:49,160 something going to give something good 266 00:10:47,300 --> 00:10:50,269 to happen or within a week we're just 267 00:10:49,160 --> 00:10:51,649 gonna go back and have a nice cup of tea 268 00:10:50,269 --> 00:10:54,649 forget all about it there's the thing as 269 00:10:51,649 --> 00:10:57,620 I roll oh my goodness people of dodging 270 00:10:54,649 --> 00:11:00,290 tax and like it's some shock a lot of us 271 00:10:57,620 --> 00:11:02,149 know it isn't it's been well reported 272 00:11:00,290 --> 00:11:04,759 like back in twenty twelve there was big 273 00:11:02,149 --> 00:11:07,850 revelations about um I think was 13 274 00:11:04,759 --> 00:11:10,279 trillion was avoided via offshore tax 275 00:11:07,850 --> 00:11:13,309 havens we all kind of went alone and 276 00:11:10,279 --> 00:11:16,189 then all right eastenders is on and and 277 00:11:13,309 --> 00:11:19,129 it is anything in the change I don't I 278 00:11:16,189 --> 00:11:21,740 don't know I mean another challenges of 279 00:11:19,129 --> 00:11:23,870 course we have the media's spinning it's 280 00:11:21,740 --> 00:11:26,179 like hell as we touched on earlier with 281 00:11:23,870 --> 00:11:28,550 Putin and China they're up to their 282 00:11:26,179 --> 00:11:30,499 necks and as well the Guardians garden 283 00:11:28,550 --> 00:11:33,949 media group chief executive for example 284 00:11:30,499 --> 00:11:36,259 Neil Beckett's he also is an executive 285 00:11:33,949 --> 00:11:38,869 director of sage the accountancy IT 286 00:11:36,259 --> 00:11:42,409 company they operate 44 offshore tax 287 00:11:38,869 --> 00:11:44,269 havens themselves really so and it is 288 00:11:42,409 --> 00:11:46,519 within the media BBC rowing the fair 289 00:11:44,269 --> 00:11:49,219 head to trusts chairman she's a direct 290 00:11:46,519 --> 00:11:53,869 and pepsico who operate out of Bermuda 291 00:11:49,219 --> 00:11:55,519 it so again it's just so deep and as you 292 00:11:53,869 --> 00:11:58,519 say are we in the weeks time just going 293 00:11:55,519 --> 00:12:01,819 to be now on something else I think it's 294 00:11:58,519 --> 00:12:04,929 it's up to people like us media aren't 295 00:12:01,819 --> 00:12:08,179 constrained by corporate interests and 296 00:12:04,929 --> 00:12:10,369 the activists who are very present on 297 00:12:08,179 --> 00:12:12,169 social media and people like People's 298 00:12:10,369 --> 00:12:14,269 Assembly you have a demo next Saturday 299 00:12:12,169 --> 00:12:16,699 it's up to people like us and them to 300 00:12:14,269 --> 00:12:19,129 keep pushing this to make sure that make 301 00:12:16,699 --> 00:12:21,619 the link it does yes city it's exactly 302 00:12:19,129 --> 00:12:23,539 it is yeah this is the hope there's a 303 00:12:21,619 --> 00:12:26,059 solution to the current austerity 304 00:12:23,539 --> 00:12:28,059 protesters what it boast answer it this 305 00:12:26,059 --> 00:12:30,499 is just another cog in the wheel of 306 00:12:28,059 --> 00:12:32,419 global inequality it's not just in the 307 00:12:30,499 --> 00:12:34,279 West either I mean like there's a 308 00:12:32,419 --> 00:12:35,659 company like Chevron it's the 16th bit 309 00:12:34,279 --> 00:12:38,749 of the biggest corporation in the world 310 00:12:35,659 --> 00:12:42,739 massive oil company offer I at 180 311 00:12:38,749 --> 00:12:46,159 countries they have 264 subsidiaries in 312 00:12:42,739 --> 00:12:48,799 Bermuda alone 264 individual companies 313 00:12:46,159 --> 00:12:51,139 old sucking money out of places like 314 00:12:48,799 --> 00:12:54,619 several central african republic the 315 00:12:51,139 --> 00:12:56,299 congo all these third world countries 316 00:12:54,619 --> 00:12:58,339 are being deprived of money they should 317 00:12:56,299 --> 00:13:00,589 be having Steve Stoffel I think we talk 318 00:12:58,339 --> 00:13:01,639 about this firm another good hour but 319 00:13:00,589 --> 00:13:04,549 I'm afraid we'll have to leave it there 320 00:13:01,639 --> 00:13:05,959 thank you very much now in the next part 321 00:13:04,549 --> 00:13:08,119 of the show we're going to be talking 322 00:13:05,959 --> 00:13:10,309 about something almost as mysterious as 323 00:13:08,119 --> 00:13:13,059 international finance stay tuned t 324 00:13:10,309 --> 00:13:13,059 tipped next 325 00:13:15,680 --> 00:13:19,620 welcome back to split Nick the 326 00:13:18,240 --> 00:13:22,500 transatlantic trade and investment 327 00:13:19,620 --> 00:13:24,360 partnership or TTIP is a series of trade 328 00:13:22,500 --> 00:13:27,510 negotiations being carried out between 329 00:13:24,360 --> 00:13:30,090 the EU and the US as a bilateral trade 330 00:13:27,510 --> 00:13:32,310 agreement t tip is about reducing the 331 00:13:30,090 --> 00:13:35,220 regulatory barriers to trade for big 332 00:13:32,310 --> 00:13:37,710 business issues such as food safety law 333 00:13:35,220 --> 00:13:39,960 environmental legislation and banking 334 00:13:37,710 --> 00:13:42,630 regulations are all affected by the new 335 00:13:39,960 --> 00:13:45,060 trade deal yet despite its importance 336 00:13:42,630 --> 00:13:47,220 and the impact these deals are likely to 337 00:13:45,060 --> 00:13:49,380 have on Britain and the European Union 338 00:13:47,220 --> 00:13:52,050 as a whole they are conducted in secret 339 00:13:49,380 --> 00:13:54,240 with very little transpiring in the 340 00:13:52,050 --> 00:13:56,580 media described as an assault on 341 00:13:54,240 --> 00:13:58,860 European and US societies by 342 00:13:56,580 --> 00:14:01,620 transnational corporations by Warren 343 00:13:58,860 --> 00:14:04,050 wants executive director John Hillary t 344 00:14:01,620 --> 00:14:06,750 tip has the potential to affect every 345 00:14:04,050 --> 00:14:10,050 single one of us to explain in detail 346 00:14:06,750 --> 00:14:13,890 why is member of stop T tip expert group 347 00:14:10,050 --> 00:14:15,600 dr. Lucy Reynolds Lucy um we know that 348 00:14:13,890 --> 00:14:17,790 every something is being conducted in 349 00:14:15,600 --> 00:14:19,920 secret and we know that there is concern 350 00:14:17,790 --> 00:14:21,450 amongst the general public but before we 351 00:14:19,920 --> 00:14:23,070 go into that can you just tell us a bit 352 00:14:21,450 --> 00:14:26,130 about what t tip is and what it 353 00:14:23,070 --> 00:14:30,420 represents certainly it's known as a 354 00:14:26,130 --> 00:14:32,340 trade deal but it's one in a series of 355 00:14:30,420 --> 00:14:34,170 trade deals around the world and 356 00:14:32,340 --> 00:14:36,660 generally in the past trade deals have 357 00:14:34,170 --> 00:14:39,000 been aimed at reducing barriers to trade 358 00:14:36,660 --> 00:14:41,160 so that sort of customs tariffs that 359 00:14:39,000 --> 00:14:42,600 kind of thing this one isn't because 360 00:14:41,160 --> 00:14:44,640 those tariffs are already very low 361 00:14:42,600 --> 00:14:48,150 between the parties to this which is the 362 00:14:44,640 --> 00:14:50,370 European Union and the USA and we have 363 00:14:48,150 --> 00:14:52,170 parallel agreement about to be signed 364 00:14:50,370 --> 00:14:54,690 actually even earlier september-october 365 00:14:52,170 --> 00:14:56,960 maybe with the forthcoming day of action 366 00:14:54,690 --> 00:15:01,260 against it in May which is the Canadian 367 00:14:56,960 --> 00:15:04,500 equivalent which is called cita but the 368 00:15:01,260 --> 00:15:06,860 TTIP deal would tie the US and the 369 00:15:04,500 --> 00:15:09,840 European Union into a single market and 370 00:15:06,860 --> 00:15:11,340 the changes in it well as you say it's 371 00:15:09,840 --> 00:15:13,710 very hard to find out what's in it 372 00:15:11,340 --> 00:15:15,480 actually they've required people who go 373 00:15:13,710 --> 00:15:17,820 and look at it only members of the 374 00:15:15,480 --> 00:15:19,380 European Parliament and MPs they're 375 00:15:17,820 --> 00:15:21,210 allowed to go in but they're not allowed 376 00:15:19,380 --> 00:15:23,370 to take any notes that they can take out 377 00:15:21,210 --> 00:15:25,190 or any photographs or anything like that 378 00:15:23,370 --> 00:15:27,450 they're not allowed to take the text out 379 00:15:25,190 --> 00:15:28,590 so we don't really know exactly what's 380 00:15:27,450 --> 00:15:30,720 in it but 381 00:15:28,590 --> 00:15:32,550 we have had some information about it 382 00:15:30,720 --> 00:15:34,350 mainly from the way they're kind of 383 00:15:32,550 --> 00:15:36,330 advertise it which is not all that 384 00:15:34,350 --> 00:15:38,640 convincing so we see that there's going 385 00:15:36,330 --> 00:15:40,950 to be a unification of standards which 386 00:15:38,640 --> 00:15:42,720 will generally be down to the u.s. level 387 00:15:40,950 --> 00:15:45,810 because that's the form for trade 388 00:15:42,720 --> 00:15:47,100 agreements around the world and so we're 389 00:15:45,810 --> 00:15:48,930 going to lose a lot of protections that 390 00:15:47,100 --> 00:15:51,780 we have in the European Union and in 391 00:15:48,930 --> 00:15:53,730 Britain because if they are inconvenient 392 00:15:51,780 --> 00:15:55,680 to the profit stream of foreign 393 00:15:53,730 --> 00:15:57,270 corporations American corporations are 394 00:15:55,680 --> 00:16:00,660 allowed to do things a different way at 395 00:15:57,270 --> 00:16:03,750 home they can very likely be able to 396 00:16:00,660 --> 00:16:05,700 claim that they can reduce the standards 397 00:16:03,750 --> 00:16:09,330 so that they will be able to trade on 398 00:16:05,700 --> 00:16:11,310 equal terms so that's likely and also a 399 00:16:09,330 --> 00:16:12,960 very major target of it is in fact the 400 00:16:11,310 --> 00:16:14,970 privatization of public services in 401 00:16:12,960 --> 00:16:16,530 Europe there's a lot of floating free 402 00:16:14,970 --> 00:16:19,020 capital that's looking for investment 403 00:16:16,530 --> 00:16:21,120 opportunities and honestly tapping out 404 00:16:19,020 --> 00:16:23,460 sourcing money from public services and 405 00:16:21,120 --> 00:16:25,530 privatization streams generally is 406 00:16:23,460 --> 00:16:27,870 easier than earning a nice living in in 407 00:16:25,530 --> 00:16:31,140 fierce competition against each other so 408 00:16:27,870 --> 00:16:33,300 that is a big part of TTIP and that in 409 00:16:31,140 --> 00:16:35,760 fact is the thing that brought it to our 410 00:16:33,300 --> 00:16:38,730 notice the threat to the NHS that it 411 00:16:35,760 --> 00:16:40,710 represents because in 2012 and 412 00:16:38,730 --> 00:16:43,050 instruction was given in internal EU 413 00:16:40,710 --> 00:16:45,120 circles in Brussels to start the 414 00:16:43,050 --> 00:16:47,190 harmonization or complete if that had 415 00:16:45,120 --> 00:16:50,070 already been started of national 416 00:16:47,190 --> 00:16:53,030 legislation on public services to us 417 00:16:50,070 --> 00:16:55,170 standards in preparation of TTIP and 418 00:16:53,030 --> 00:16:56,730 delegates to that meeting we're told 419 00:16:55,170 --> 00:16:59,340 that the priority sector was the 420 00:16:56,730 --> 00:17:01,830 healthcare sector so obviously since the 421 00:16:59,340 --> 00:17:03,540 and the NHS is in an english-speaking 422 00:17:01,830 --> 00:17:05,910 country and the u.s. is an 423 00:17:03,540 --> 00:17:08,400 english-speaking country the NHS is the 424 00:17:05,910 --> 00:17:10,920 big target we know that the NHS is 425 00:17:08,400 --> 00:17:13,200 obviously in the line of fire as it were 426 00:17:10,920 --> 00:17:14,970 and that's been sort of mentioned quite 427 00:17:13,200 --> 00:17:17,280 a few times but what are the areas that 428 00:17:14,970 --> 00:17:20,970 the public really should be concerned 429 00:17:17,280 --> 00:17:26,000 about other than the NHS well we've got 430 00:17:20,970 --> 00:17:28,470 form from the the trade treaty mob on 431 00:17:26,000 --> 00:17:31,740 food quality standards so there's been 432 00:17:28,470 --> 00:17:33,630 fights in the past over hormone treated 433 00:17:31,740 --> 00:17:35,850 beef coming into the u.s. they're coming 434 00:17:33,630 --> 00:17:37,440 into the EU we've been able to block 435 00:17:35,850 --> 00:17:39,510 that because we have higher standards 436 00:17:37,440 --> 00:17:41,670 but we won't be able to enforce those 437 00:17:39,510 --> 00:17:42,419 any longer so we're going to lose those 438 00:17:41,670 --> 00:17:46,859 sorts of 439 00:17:42,419 --> 00:17:49,739 shins and unfortunately trade law is 440 00:17:46,859 --> 00:17:51,059 it's not really a set of laws it's a 441 00:17:49,739 --> 00:17:52,789 kind of regime written by the 442 00:17:51,059 --> 00:17:54,929 corporation's for the corporation's 443 00:17:52,789 --> 00:17:57,779 enforceable against the people by their 444 00:17:54,929 --> 00:18:00,629 governments who have to be induced to go 445 00:17:57,779 --> 00:18:03,239 along with this somehow and under those 446 00:18:00,629 --> 00:18:05,639 arrangements everything is very much 447 00:18:03,239 --> 00:18:09,779 swung towards the big corporate interest 448 00:18:05,639 --> 00:18:12,359 so where there are points at issue they 449 00:18:09,779 --> 00:18:15,899 are decided through secret trade 450 00:18:12,359 --> 00:18:18,090 tribunals staffed by their people they 451 00:18:15,899 --> 00:18:19,409 don't publish any information about the 452 00:18:18,090 --> 00:18:21,840 decisions and they don't have to follow 453 00:18:19,409 --> 00:18:23,730 precedent so basically they're kind of 454 00:18:21,840 --> 00:18:27,059 making it up as they go along for them 455 00:18:23,730 --> 00:18:29,639 in their cronies and therefore what 456 00:18:27,059 --> 00:18:31,919 looks on paper like something reasonable 457 00:18:29,639 --> 00:18:34,049 for example the exemption exemption for 458 00:18:31,919 --> 00:18:38,399 public health services actually is very 459 00:18:34,049 --> 00:18:39,840 tight indeed so as well as standards 460 00:18:38,399 --> 00:18:41,609 right the way through the economy but a 461 00:18:39,840 --> 00:18:45,419 particularly around health and safety 462 00:18:41,609 --> 00:18:47,879 standards we're basically looking that 463 00:18:45,419 --> 00:18:49,440 as a situation where the NHS is going to 464 00:18:47,879 --> 00:18:51,269 be forced into a situation of full 465 00:18:49,440 --> 00:18:53,249 privatization to look very much like us 466 00:18:51,269 --> 00:18:54,450 health care unless we're able to rhina 467 00:18:53,249 --> 00:18:56,609 tional eyes it pretty much immediately 468 00:18:54,450 --> 00:18:58,710 bring your political will to do that as 469 00:18:56,609 --> 00:19:00,330 obviously hard to come by at the moment 470 00:18:58,710 --> 00:19:03,210 because our politicians are generally 471 00:19:00,330 --> 00:19:06,029 trying to encourage the TTIP a deal and 472 00:19:03,210 --> 00:19:07,980 are trying to kind of market it to us 473 00:19:06,029 --> 00:19:10,169 although those that find out about 474 00:19:07,980 --> 00:19:12,389 what's actually in it tend to be rather 475 00:19:10,169 --> 00:19:15,570 more critical and Peter Lilley MP has 476 00:19:12,389 --> 00:19:17,249 come out this last week against TTIP I 477 00:19:15,570 --> 00:19:18,840 think he's probably been reading our 478 00:19:17,249 --> 00:19:20,639 literature actually he's really quite 479 00:19:18,840 --> 00:19:22,259 well informed and he quite correctly 480 00:19:20,639 --> 00:19:24,090 points out that the thing is a heist and 481 00:19:22,259 --> 00:19:25,499 we should have nothing to do with it so 482 00:19:24,090 --> 00:19:27,450 we won't even people like that are 483 00:19:25,499 --> 00:19:30,179 coming out you know there's a sign of 484 00:19:27,450 --> 00:19:33,960 nevermind facility MPE don't Trump has 485 00:19:30,179 --> 00:19:35,669 even know race concerned over this TTIP 486 00:19:33,960 --> 00:19:38,070 deal and he is obviously the big 487 00:19:35,669 --> 00:19:40,769 successful businessmen so if even he is 488 00:19:38,070 --> 00:19:45,179 raising question marks then who is 489 00:19:40,769 --> 00:19:46,799 behind this TTIP deal well I mean I 490 00:19:45,179 --> 00:19:49,859 think it's a conglomerate of corporate 491 00:19:46,799 --> 00:19:52,259 interests john perkins in confessions of 492 00:19:49,859 --> 00:19:54,379 an economic hitman about his time at the 493 00:19:52,259 --> 00:19:56,070 forefront of the privatization wave 494 00:19:54,379 --> 00:19:58,740 explained that after 495 00:19:56,070 --> 00:20:00,660 the oil shocks in the 1970s when the 496 00:19:58,740 --> 00:20:02,820 oil-producing countries which weren't 497 00:20:00,660 --> 00:20:05,820 the general centers of power got 498 00:20:02,820 --> 00:20:06,720 together as a block and exerted some of 499 00:20:05,820 --> 00:20:09,420 that power back in the opposite 500 00:20:06,720 --> 00:20:11,910 direction at that point that they're 501 00:20:09,420 --> 00:20:14,390 developed a very tight cartel of power 502 00:20:11,910 --> 00:20:16,890 between the different interests so 503 00:20:14,390 --> 00:20:19,320 industrial interests extractive 504 00:20:16,890 --> 00:20:21,810 interests banking interests and the 505 00:20:19,320 --> 00:20:24,960 general kind of hierarchy locked in much 506 00:20:21,810 --> 00:20:26,700 much tighter and the trade lobby is a 507 00:20:24,960 --> 00:20:28,170 representation of that I mean it's been 508 00:20:26,700 --> 00:20:29,520 going in its present form since the 509 00:20:28,170 --> 00:20:30,990 second world war with the launch of the 510 00:20:29,520 --> 00:20:32,760 Bretton Woods organizations the World 511 00:20:30,990 --> 00:20:34,920 Trade Organization did you see I am 512 00:20:32,760 --> 00:20:36,150 adding me and the World Bank yes 513 00:20:34,920 --> 00:20:38,520 absolutely I mean it's got it's a 514 00:20:36,150 --> 00:20:40,770 hydra-headed thing and in all all of the 515 00:20:38,520 --> 00:20:42,840 marketing that puts it works out is just 516 00:20:40,770 --> 00:20:44,070 lovely but actually when you look at the 517 00:20:42,840 --> 00:20:46,920 nitty-gritty that's where the problem 518 00:20:44,070 --> 00:20:48,690 comes and it's very important to note in 519 00:20:46,920 --> 00:20:50,850 this connection we can't see the text of 520 00:20:48,690 --> 00:20:54,930 the TTIP agreement or the SITA agreement 521 00:20:50,850 --> 00:20:57,330 or really any of it openly my Master's 522 00:20:54,930 --> 00:21:00,240 dissertation back in the 1990s involved 523 00:20:57,330 --> 00:21:01,890 analyzing the actual legal text of what 524 00:21:00,240 --> 00:21:04,950 was supposed to be a poverty initiative 525 00:21:01,890 --> 00:21:06,570 oh boy what was in that it was 526 00:21:04,950 --> 00:21:07,740 disgusting basically it was like well 527 00:21:06,570 --> 00:21:09,540 we'll give you some money because you're 528 00:21:07,740 --> 00:21:12,000 starving we have to turn over all your 529 00:21:09,540 --> 00:21:14,190 public services on the worst terms so 530 00:21:12,000 --> 00:21:16,470 really you know TTIP and the like is is 531 00:21:14,190 --> 00:21:19,710 just one in a line of a series of 532 00:21:16,470 --> 00:21:22,650 corporate takeovers and unless we resist 533 00:21:19,710 --> 00:21:24,780 if really quite forcefully it will go 534 00:21:22,650 --> 00:21:26,490 through however resistance to it is not 535 00:21:24,780 --> 00:21:28,230 impossible because the whole reason that 536 00:21:26,490 --> 00:21:30,570 they're at the moment trying to patch 537 00:21:28,230 --> 00:21:32,580 together the regional trade treaties 538 00:21:30,570 --> 00:21:35,040 around the world into a single net is 539 00:21:32,580 --> 00:21:37,350 because they lost at the last round in 540 00:21:35,040 --> 00:21:40,680 2001 in the doha meeting of the World 541 00:21:37,350 --> 00:21:42,300 Trade Organization there was a push to 542 00:21:40,680 --> 00:21:44,550 get through the general agreement and 543 00:21:42,300 --> 00:21:46,800 trade in services which would have 544 00:21:44,550 --> 00:21:48,960 basically kind of forced open all public 545 00:21:46,800 --> 00:21:51,240 services globally of the same sort of 546 00:21:48,960 --> 00:21:53,160 terms and the activists won the battle 547 00:21:51,240 --> 00:21:54,990 which is why we know they're basically 548 00:21:53,160 --> 00:21:58,260 stalemated it more than anything so this 549 00:21:54,990 --> 00:22:00,150 is why we're now facing this so public 550 00:21:58,260 --> 00:22:02,070 awareness is growing actually how close 551 00:22:00,150 --> 00:22:04,400 are we to this ticket deal being signed 552 00:22:02,070 --> 00:22:05,900 well you know 553 00:22:04,400 --> 00:22:08,300 in some ways it looks like the 554 00:22:05,900 --> 00:22:10,940 inevitable march really because our 555 00:22:08,300 --> 00:22:13,580 politicians are going along with it so 556 00:22:10,940 --> 00:22:15,290 we really need an exceptional pushback I 557 00:22:13,580 --> 00:22:17,450 think to educate them more than anything 558 00:22:15,290 --> 00:22:19,820 because anybody that does actually look 559 00:22:17,450 --> 00:22:21,500 at it sees that it's completely 560 00:22:19,820 --> 00:22:22,940 outrageous so what are the groups 561 00:22:21,500 --> 00:22:24,680 actually getting involved in in 562 00:22:22,940 --> 00:22:26,990 challenging this TTIP because I mean 563 00:22:24,680 --> 00:22:29,750 obviously again the secrecy means that 564 00:22:26,990 --> 00:22:32,060 people simply not alarmed enough to 565 00:22:29,750 --> 00:22:33,680 attempt to challenge it are there other 566 00:22:32,060 --> 00:22:35,630 groups such as yours that are involved 567 00:22:33,680 --> 00:22:36,920 in in sort of trying to get answers from 568 00:22:35,630 --> 00:22:39,320 the government and actually pushing for 569 00:22:36,920 --> 00:22:41,330 a reversal of these agreements um well 570 00:22:39,320 --> 00:22:43,850 yes actually that that mobilization has 571 00:22:41,330 --> 00:22:45,530 gone pretty well it's been fairly 572 00:22:43,850 --> 00:22:47,450 spontaneous but headed by a very 573 00:22:45,530 --> 00:22:49,850 effective activist called Linda culture 574 00:22:47,450 --> 00:22:52,040 who was in that meeting in Brussels in 575 00:22:49,850 --> 00:22:54,710 2012 when she heard that our public 576 00:22:52,040 --> 00:22:56,570 services were about to go down and so 577 00:22:54,710 --> 00:22:59,740 it's gone from one person back then to a 578 00:22:56,570 --> 00:23:02,300 national network there's an expert group 579 00:22:59,740 --> 00:23:04,220 which which works on the inside and then 580 00:23:02,300 --> 00:23:10,100 a dissemination group called no TTIP 581 00:23:04,220 --> 00:23:12,800 we've got a newspaper here so various 582 00:23:10,100 --> 00:23:14,120 sir initiatives to spread the word 583 00:23:12,800 --> 00:23:15,500 around the country I've done a fair 584 00:23:14,120 --> 00:23:16,760 amount of speaking on this despite the 585 00:23:15,500 --> 00:23:19,220 fact that it's it's you know in many 586 00:23:16,760 --> 00:23:21,140 ways not my primary area of interest I'm 587 00:23:19,220 --> 00:23:22,850 very worried about the NHS privatization 588 00:23:21,140 --> 00:23:24,590 in particular we have a little bit of 589 00:23:22,850 --> 00:23:26,060 kind of feedback on this if you like a 590 00:23:24,590 --> 00:23:29,780 little bit of market research from the 591 00:23:26,060 --> 00:23:31,070 fact that the many MPs reported that 592 00:23:29,780 --> 00:23:33,970 they were going around canvassing for 593 00:23:31,070 --> 00:23:37,040 the election and will being treated to 594 00:23:33,970 --> 00:23:38,630 education on TTIP on their the front 595 00:23:37,040 --> 00:23:40,610 doorsteps of their constituents by their 596 00:23:38,630 --> 00:23:42,530 constituents which is actually pretty 597 00:23:40,610 --> 00:23:44,360 impressive from one person only a few 598 00:23:42,530 --> 00:23:46,010 years ago but you know the content of 599 00:23:44,360 --> 00:23:49,580 this is really very frightening very 600 00:23:46,010 --> 00:23:53,060 very briefly is it still reversible well 601 00:23:49,580 --> 00:23:55,700 yes it is you know if from what was 602 00:23:53,060 --> 00:23:57,560 really a fairly kind of ad hoc bunch of 603 00:23:55,700 --> 00:23:59,180 third-world activists and a few people 604 00:23:57,560 --> 00:24:01,790 in the First World War technicals who 605 00:23:59,180 --> 00:24:03,950 came to assist them if that can still 606 00:24:01,790 --> 00:24:05,900 make the thing it's possible to do that 607 00:24:03,950 --> 00:24:07,040 but we need to make people aware so 608 00:24:05,900 --> 00:24:10,130 thank you very much for giving the issue 609 00:24:07,040 --> 00:24:12,410 the exposure in particular this is a 610 00:24:10,130 --> 00:24:14,900 very big threat to the NHS unless we can 611 00:24:12,410 --> 00:24:17,090 realize the NHS immediately this is 612 00:24:14,900 --> 00:24:17,779 really the end of it dr. Reynolds I have 613 00:24:17,090 --> 00:24:20,979 to stop you there 614 00:24:17,779 --> 00:24:20,979 you very much have been a great guest 615 00:24:22,059 --> 00:24:26,779 you've heard the experts so now it's 616 00:24:24,739 --> 00:24:28,190 time to hear what you have to say gay 617 00:24:26,779 --> 00:24:31,399 actually what's been going on in the 618 00:24:28,190 --> 00:24:34,249 social media well you think that tea 619 00:24:31,399 --> 00:24:35,960 tape is still a big mystery but from the 620 00:24:34,249 --> 00:24:38,989 social media response it doesn't seem 621 00:24:35,960 --> 00:24:41,779 that way we've had less response on the 622 00:24:38,989 --> 00:24:43,879 Panama a matter when we asked to people 623 00:24:41,779 --> 00:24:46,340 where the cameras should resign based on 624 00:24:43,879 --> 00:24:49,039 the revelation about his mother and 625 00:24:46,340 --> 00:24:52,070 trust funds to which Ricardo Picasso 626 00:24:49,039 --> 00:24:53,929 says he has been caught red-handed with 627 00:24:52,070 --> 00:24:55,609 nowhere to hide Parliament should be 628 00:24:53,929 --> 00:24:58,129 recalled for an immediate debate about 629 00:24:55,609 --> 00:25:01,909 our democracy unfortunately that didn't 630 00:24:58,129 --> 00:25:04,940 happen aunty tip loads and loads of 631 00:25:01,909 --> 00:25:07,129 response Louise mcdade says assisted by 632 00:25:04,940 --> 00:25:10,129 the Tories it puts our public services 633 00:25:07,129 --> 00:25:13,219 out to privatisation I would fold leave 634 00:25:10,129 --> 00:25:16,159 the EU and Roger the Dodger says after 635 00:25:13,219 --> 00:25:18,769 45 a few states ruled the world after 636 00:25:16,159 --> 00:25:22,009 tea tip a few corporations will rule 637 00:25:18,769 --> 00:25:24,589 simples pretty scary stuff when you look 638 00:25:22,009 --> 00:25:26,960 at it is not very much and those are all 639 00:25:24,589 --> 00:25:29,269 the tweets for this week which brings us 640 00:25:26,960 --> 00:25:30,769 to the end of the show with me half 641 00:25:29,269 --> 00:25:33,139 Saqqara Mustafa are standing in for 642 00:25:30,769 --> 00:25:35,599 George Galloway and me gayathri but you 643 00:25:33,139 --> 00:25:37,369 can stay in touch with us on twitter RT 644 00:25:35,599 --> 00:25:39,950 underscores Sputnik or on Facebook 645 00:25:37,369 --> 00:25:42,999 Sputnik on Russia today until next week 646 00:25:39,950 --> 00:25:42,999 it's been marvelous