1 00:00:00,800 --> 00:00:03,040 Speaker 1: UK and Europe correspondent. He's with US Live this morning. 2 00:00:03,040 --> 00:00:07,600 Speaker 1: Good morning, Devin. Has anyone claimed responsibility for this rilo 3 00:00:07,680 --> 00:00:09,080 Speaker 1: tech in France. 4 00:00:09,560 --> 00:00:12,560 Speaker 2: No, not yet and it has of course been something 5 00:00:12,560 --> 00:00:16,599 Speaker 2: that has rocked the early part of the Olympics. It 6 00:00:16,680 --> 00:00:20,599 Speaker 2: took place on Friday local time, just before the opening 7 00:00:20,640 --> 00:00:24,880 Speaker 2: ceremony of the Olympics. Things are getting back to normal slowly. 8 00:00:25,000 --> 00:00:28,000 Speaker 2: They hope to run a full service on Monday tomorrow 9 00:00:28,000 --> 00:00:30,680 Speaker 2: at our time, but at the moment, one in four 10 00:00:30,760 --> 00:00:35,000 Speaker 2: Eurostar trains they're the international services between London and Paris 11 00:00:35,560 --> 00:00:38,239 Speaker 2: using a high speed line in Paris, just one in 12 00:00:38,760 --> 00:00:42,640 Speaker 2: four of its trains that will not run, so cancelations down, 13 00:00:42,680 --> 00:00:46,199 Speaker 2: but still really quite considerable, bearing in mind most of 14 00:00:46,240 --> 00:00:49,760 Speaker 2: the trains are absolutely solidly booked up, so that's still 15 00:00:49,760 --> 00:00:54,120 Speaker 2: a problem. And the rail company said the main Western 16 00:00:54,120 --> 00:00:57,960 Speaker 2: line from Paris was operating, was normal, but three out 17 00:00:57,960 --> 00:01:00,120 Speaker 2: of four TGV trains those are the more high be 18 00:01:00,200 --> 00:01:03,000 Speaker 2: trained were running on the Northern line from mill with 19 00:01:03,160 --> 00:01:06,480 Speaker 2: no delays expected. But still, you know, that's only three 20 00:01:06,520 --> 00:01:09,960 Speaker 2: out of four. So rail workers did manage to foil 21 00:01:10,160 --> 00:01:13,240 Speaker 2: one attempt to destroy safety equipment on a fourth line, 22 00:01:13,280 --> 00:01:16,120 Speaker 2: but three of those high speed lines out of the 23 00:01:16,160 --> 00:01:19,600 Speaker 2: capital absolutely paralyzed. They should be all back to normal, 24 00:01:19,880 --> 00:01:22,440 Speaker 2: but not the start of the Olympics. They wanted nobody's 25 00:01:22,440 --> 00:01:25,919 Speaker 2: see at claim responsibility. Plenty of people pointing the finger 26 00:01:26,160 --> 00:01:27,760 Speaker 2: at Russian saboteurs. 27 00:01:28,160 --> 00:01:31,600 Speaker 1: Yeah, because you would think anyone else would climb responsibility. 28 00:01:31,720 --> 00:01:34,479 Speaker 1: Russia is the only one with an interest in not you. 29 00:01:34,440 --> 00:01:34,880 Speaker 2: Know what I mean? 30 00:01:35,000 --> 00:01:38,760 Speaker 1: Yeah, Hey, are you being softened up for a texts 31 00:01:38,800 --> 00:01:40,360 Speaker 1: and crisis in the UK? An you rickon? 32 00:01:40,640 --> 00:01:42,919 Speaker 2: I think we might be let me know in twenty 33 00:01:42,920 --> 00:01:44,960 Speaker 2: four hours. I'll come back to you, because we are 34 00:01:45,040 --> 00:01:47,560 Speaker 2: due to hear from our chancellor, the first female chancellor 35 00:01:47,800 --> 00:01:50,600 Speaker 2: in history, Rachel Reeves. She, of course part of the 36 00:01:50,720 --> 00:01:53,600 Speaker 2: new government here in the UK that started on the 37 00:01:53,640 --> 00:01:56,960 Speaker 2: fourth of July. Now, already they've been saying, oh, well, 38 00:01:57,280 --> 00:01:59,760 Speaker 2: we were left a much worse situation than we thought. 39 00:02:00,760 --> 00:02:04,920 Speaker 2: Things are not as good as we thought economically, and 40 00:02:05,480 --> 00:02:08,680 Speaker 2: they had always in the pre election campaigning said that 41 00:02:08,720 --> 00:02:12,799 Speaker 2: they would effectively continue on the same economic spending and 42 00:02:13,040 --> 00:02:18,400 Speaker 2: taxing as the preceding government. However, if this report out 43 00:02:18,520 --> 00:02:22,520 Speaker 2: tomorrow from the Chancellor reveals what we hear, which is 44 00:02:22,560 --> 00:02:25,280 Speaker 2: a massive black hole in the economy, then I think 45 00:02:25,320 --> 00:02:28,600 Speaker 2: we are going to see tax rises pretty quickly. It 46 00:02:28,720 --> 00:02:31,240 Speaker 2: is rumored by some that the black hole in the 47 00:02:31,280 --> 00:02:35,720 Speaker 2: economy could be as much as over forty five billion 48 00:02:36,120 --> 00:02:39,400 Speaker 2: New Zealand dollars a year, and of course yes they 49 00:02:39,440 --> 00:02:41,400 Speaker 2: can cut back on spending, but then they might be 50 00:02:41,440 --> 00:02:45,600 Speaker 2: looking at generally. Perhaps another one could be inheritance tax. 51 00:02:45,680 --> 00:02:49,400 Speaker 2: What you inherit when somebody dies and leaves you their money, 52 00:02:49,800 --> 00:02:53,120 Speaker 2: and possibly also capital gains, so that is the selling 53 00:02:53,160 --> 00:02:56,760 Speaker 2: of an asset and a tax on the growth. Yeah, 54 00:02:56,760 --> 00:02:57,919 Speaker 2: it could be bad news. 55 00:02:57,800 --> 00:03:00,360 Speaker 1: Could be bad news, could be one of those, all 56 00:03:00,400 --> 00:03:02,240 Speaker 1: of those. Kevin, Thanks so much for your time and 57 00:03:02,280 --> 00:03:02,720 Speaker 1: good luck. 58 00:03:03,160 --> 00:03:05,800 Speaker 2: For more from News Talk st B. Listen live on 59 00:03:05,880 --> 00:03:07,160 Speaker 2: air or online, and 60 00:03:07,360 --> 00:03:09,640 Speaker 1: Keep our shows with you wherever you go with our 61 00:03:09,720 --> 00:03:11,480 Speaker 1: podcasts on iHeartRadio.