1 00:00:00,520 --> 00:00:04,440 Speaker 1: International Correspondence with ins and Eye Insurance, Peace of mind 2 00:00:04,480 --> 00:00:05,440 Speaker 1: for New Zealand business. 3 00:00:05,440 --> 00:00:06,960 Speaker 2: We need to get with now though one love of 4 00:00:07,000 --> 00:00:08,200 Speaker 2: my friend, how are you morning? 5 00:00:08,720 --> 00:00:09,760 Speaker 1: Good morning to you mate. 6 00:00:09,800 --> 00:00:12,119 Speaker 2: So the Parliament got together on Saturday and they passed 7 00:00:12,119 --> 00:00:14,720 Speaker 2: the emergent legislation and they're going to save the steel. 8 00:00:14,800 --> 00:00:16,600 Speaker 2: Do they save it? Do they know how they can 9 00:00:16,640 --> 00:00:18,239 Speaker 2: get the coal and all the stuff they need to 10 00:00:18,280 --> 00:00:20,160 Speaker 2: keep it going? Can they promise to keep it going? 11 00:00:20,239 --> 00:00:20,840 Speaker 2: Or we don't know. 12 00:00:22,239 --> 00:00:24,560 Speaker 1: Well, it looks like they've got the raw materials or 13 00:00:24,560 --> 00:00:26,880 Speaker 1: according to Angela Ray that they've got the raw materials, 14 00:00:26,880 --> 00:00:30,080 Speaker 1: which will mean that the that the foundry that bas 15 00:00:30,080 --> 00:00:32,680 Speaker 1: furthest doesn't have to shut down and if it shuts down, 16 00:00:32,680 --> 00:00:35,839 Speaker 1: it's gold for good. But you're right. Yeah. They were 17 00:00:35,880 --> 00:00:42,159 Speaker 1: convened on Saturday morning, the first time since COVID that 18 00:00:41,280 --> 00:00:48,120 Speaker 1: that a special session was called. And at first they 19 00:00:48,120 --> 00:00:53,840 Speaker 1: were very snarky indeed about the Chinese company which opened 20 00:00:54,360 --> 00:00:57,840 Speaker 1: still owns them move which owns the steel works in 21 00:00:57,960 --> 00:01:03,120 Speaker 1: Scunsaled which are our last two last furnuces from making 22 00:01:03,200 --> 00:01:07,200 Speaker 1: Virgins steel, and the company is called jingle Way. They 23 00:01:07,280 --> 00:01:09,319 Speaker 1: said they couldn't afford to keep the place runing they 24 00:01:09,319 --> 00:01:12,240 Speaker 1: couldn't get the raw materials through, they were going to 25 00:01:12,240 --> 00:01:17,440 Speaker 1: close it down. The labor government stepped in and interestedly said, 26 00:01:17,840 --> 00:01:20,000 Speaker 1: you know, this is to preserve jobs and to preserve 27 00:01:20,040 --> 00:01:24,240 Speaker 1: the community, and there's two thousand of jobs there, twenty 28 00:01:24,360 --> 00:01:27,880 Speaker 1: seven hundred in fact. But they also said this is 29 00:01:27,920 --> 00:01:31,440 Speaker 1: a national security issue, and it was that which got 30 00:01:31,480 --> 00:01:34,280 Speaker 1: them into the House of Commons and through very easily 31 00:01:34,480 --> 00:01:36,640 Speaker 1: because it is a national security. 32 00:01:36,080 --> 00:01:38,960 Speaker 2: Issue, right, So several questions come out of this. There 33 00:01:39,000 --> 00:01:42,600 Speaker 2: was a suggestion the owners the Chinese are selling stuff off. 34 00:01:42,760 --> 00:01:45,319 Speaker 2: Are they still doing that? Have they been prevented? Can 35 00:01:45,440 --> 00:01:46,800 Speaker 2: you prevent them from doing all of that? 36 00:01:48,080 --> 00:01:50,320 Speaker 1: It looks like they have been prevented so far, but 37 00:01:50,400 --> 00:01:52,760 Speaker 1: I don't know what will happen further down the line. Mean, 38 00:01:52,760 --> 00:01:56,360 Speaker 1: while the Chinese government has warned the UK not to 39 00:01:56,840 --> 00:02:00,400 Speaker 1: mix politics with trade, which is of course exactly what 40 00:02:00,560 --> 00:02:04,840 Speaker 1: has happened, and it's kind of changed the mood here, 41 00:02:05,600 --> 00:02:07,520 Speaker 1: and the mood has been changing over the last two 42 00:02:07,560 --> 00:02:11,440 Speaker 1: or three months, undoubtedly, like everything else, influenced by Donald Trump, 43 00:02:12,320 --> 00:02:17,760 Speaker 1: that the trade and national security are not necessarily divisible. 44 00:02:19,240 --> 00:02:22,120 Speaker 1: There is no longer the kind of dewy eyed feeling 45 00:02:23,000 --> 00:02:27,400 Speaker 1: about globalization that it's perfectly okay to let the Chinese 46 00:02:27,800 --> 00:02:31,800 Speaker 1: run our last glass furnace, and this perfectly okay to 47 00:02:31,880 --> 00:02:35,400 Speaker 1: let the Chinese run out nuclear industry, both of which 48 00:02:35,440 --> 00:02:39,960 Speaker 1: we were reasonably held points of view during the middle 49 00:02:40,480 --> 00:02:43,839 Speaker 1: of the last decade. But that's gone now. I don't 50 00:02:44,320 --> 00:02:47,080 Speaker 1: think that would happen again now there's been there's been 51 00:02:47,120 --> 00:02:48,000 Speaker 1: a seed change. 52 00:02:48,120 --> 00:02:50,840 Speaker 2: So in terms of percentages, what is this really about. 53 00:02:50,919 --> 00:02:52,960 Speaker 2: I mean, if this was run by an Australian company, 54 00:02:53,000 --> 00:02:54,760 Speaker 2: are they still doing the same thing they're doing at 55 00:02:54,760 --> 00:02:57,240 Speaker 2: the moment and saving those jobs or is this all 56 00:02:57,280 --> 00:02:57,919 Speaker 2: about China? 57 00:03:00,040 --> 00:03:05,799 Speaker 1: SimK, it's largely about China, I think more latterly, certainly 58 00:03:06,400 --> 00:03:09,760 Speaker 1: today and yesterday, the Labor government has been rather more 59 00:03:10,000 --> 00:03:13,520 Speaker 1: a circumspect and it's comments about China saying that there 60 00:03:13,520 --> 00:03:15,920 Speaker 1: are more companies in China than just Geeway. You know, 61 00:03:16,000 --> 00:03:19,280 Speaker 1: we shouldn't tar all of the economy with the same brush. 62 00:03:19,520 --> 00:03:23,440 Speaker 1: But I think that was nonetheless behind the call to 63 00:03:23,560 --> 00:03:28,400 Speaker 1: have that meeting on Saturday, because frankly, when my local 64 00:03:28,480 --> 00:03:31,720 Speaker 1: steel works closed with a lot of fifteen thousand jobs, 65 00:03:32,560 --> 00:03:35,920 Speaker 1: no one turned a hair. There was no demand for 66 00:03:36,040 --> 00:03:40,360 Speaker 1: nationalization or anything like that. It was just then that 67 00:03:40,400 --> 00:03:42,440 Speaker 1: was a labor government, you know, that was back in 68 00:03:42,560 --> 00:03:45,360 Speaker 1: two thousand and six, two thousand and seven. No one 69 00:03:45,440 --> 00:03:50,080 Speaker 1: cared and ever since then conservative governments have refused to 70 00:03:50,120 --> 00:03:53,400 Speaker 1: bail out the steel industry. There was a bailout last 71 00:03:53,600 --> 00:03:57,440 Speaker 1: year for Port Talbot, but that's largely because it was 72 00:03:57,520 --> 00:04:00,760 Speaker 1: a kind of green initiative to get them making post 73 00:04:00,880 --> 00:04:04,480 Speaker 1: carbon steel. But no, this is this is the first 74 00:04:04,520 --> 00:04:08,480 Speaker 1: time and it's got it's actually galvanized the Labor Party 75 00:04:08,520 --> 00:04:08,760 Speaker 1: a bit. 76 00:04:09,240 --> 00:04:11,480 Speaker 2: I was going to say, not only organized Labor party, 77 00:04:11,520 --> 00:04:14,040 Speaker 2: how apolitical is it when they drag them all to 78 00:04:14,160 --> 00:04:16,360 Speaker 2: the Parliament on Saturday or the Tories behind it or not. 79 00:04:17,880 --> 00:04:20,240 Speaker 3: Most of the tours are kind of There are a 80 00:04:20,240 --> 00:04:22,640 Speaker 3: few who are saying, how much is this going to cost? 81 00:04:23,200 --> 00:04:26,480 Speaker 3: Why didn't you do it before? You know, all that 82 00:04:26,560 --> 00:04:28,960 Speaker 3: kind of stuff, and why were why were they allowed 83 00:04:29,000 --> 00:04:31,560 Speaker 3: to own this company in the first place, which is 84 00:04:31,560 --> 00:04:34,680 Speaker 3: a perfect good question to ask. But it is that 85 00:04:34,800 --> 00:04:38,080 Speaker 3: there isn't great opposition to it in this country at all. 86 00:04:38,400 --> 00:04:42,480 Speaker 3: Even the Daily Telegraph it's asked a few questions about 87 00:04:42,880 --> 00:04:46,480 Speaker 3: what the cost is going to be, and does nationalization work. Well, 88 00:04:46,600 --> 00:04:49,039 Speaker 3: it kind of works if you're if you're put up 89 00:04:49,080 --> 00:04:51,600 Speaker 3: against it like this, and I think that's what most 90 00:04:51,600 --> 00:04:53,360 Speaker 3: people in the country are thinking at the moment. 91 00:04:53,440 --> 00:04:55,560 Speaker 2: You might listen, go well, we'll see you Thursday. Run 92 00:04:55,600 --> 00:04:56,960 Speaker 2: a little out of Britain. Just a couple of other 93 00:04:56,960 --> 00:04:58,880 Speaker 2: things in Britain, just to keep you up to speed here. 94 00:04:59,640 --> 00:05:01,520 Speaker 2: As I'm mentioned earlier on in the program, that bin 95 00:05:01,680 --> 00:05:05,479 Speaker 2: strike continues in Birmingham. I was going to say they've 96 00:05:05,480 --> 00:05:07,920 Speaker 2: brought in the military. That's a bit dramatic that there's 97 00:05:07,920 --> 00:05:10,240 Speaker 2: a couple of people who sit behind a desk somewhere 98 00:05:10,600 --> 00:05:13,640 Speaker 2: who would loosely call themselves employed by the military. They're 99 00:05:13,640 --> 00:05:16,599 Speaker 2: more planners, that's all they brought in. The latest stuff 100 00:05:16,640 --> 00:05:19,160 Speaker 2: has been rejected, so Birmingham continues to go to Helen 101 00:05:19,200 --> 00:05:22,520 Speaker 2: a handcart. Speaking of the Chinese, there's a Liberal Democrat 102 00:05:22,600 --> 00:05:27,240 Speaker 2: MP called We're a Hobhouse. Interesting name. Anyway, she went 103 00:05:27,279 --> 00:05:29,560 Speaker 2: with her husband to see some family. She got turned 104 00:05:29,560 --> 00:05:32,880 Speaker 2: around at the border, so that's caused a little bit 105 00:05:32,880 --> 00:05:35,400 Speaker 2: of consternation. Her husband got let in, but she got 106 00:05:35,400 --> 00:05:39,159 Speaker 2: turned around, stuck on a plane. Meantime, Tulip Sadik, who 107 00:05:39,400 --> 00:05:44,880 Speaker 2: is a British MP. Bangladeshi authorities have issued an arrest 108 00:05:44,960 --> 00:05:50,160 Speaker 2: warrant the Double C. They're investigating allegations that she illegally 109 00:05:50,160 --> 00:05:53,640 Speaker 2: received land as part of a wider probe into the 110 00:05:53,680 --> 00:05:58,760 Speaker 2: regime of her aunt. Her aunt was the former leader 111 00:05:59,080 --> 00:06:02,520 Speaker 2: Prime Minister of Bangladesh and so that's interesting. And then 112 00:06:02,520 --> 00:06:04,400 Speaker 2: we come to the number of migrants, and that's a 113 00:06:04,440 --> 00:06:07,640 Speaker 2: disaster as well because the number of migrants arriving by 114 00:06:07,720 --> 00:06:10,600 Speaker 2: boat across the Channel Tunnel, not the Channel Tunnel, the 115 00:06:10,600 --> 00:06:14,279 Speaker 2: English Channel six hundred and fifty six and eleven small boats. 116 00:06:14,279 --> 00:06:16,840 Speaker 2: That was just Saturday, six hundred and fifty six people, 117 00:06:16,880 --> 00:06:20,200 Speaker 2: eleven boats, just on this past Saturday. So the total 118 00:06:20,240 --> 00:06:23,640 Speaker 2: of the year to date eight thousand and sixty four, 119 00:06:24,520 --> 00:06:27,160 Speaker 2: once again a record high. The previous record high was 120 00:06:27,200 --> 00:06:30,479 Speaker 2: last month. So it's getting worse. For more from the 121 00:06:30,560 --> 00:06:33,600 Speaker 2: Mike Asking Breakfast, listen live to news talks i'd be 122 00:06:33,720 --> 00:06:37,440 Speaker 2: from six am weekdays, or follow the podcast on iHeartRadio.