WEBVTT - The U.K. Health System Threatens to Buckle

0:00:01.520 --> 0:00:06.720
<v Speaker 1>Welcome to Prognosis. I'm Laura Carlson. It's day three hundred

0:00:07.160 --> 0:00:12.440
<v Speaker 1>since coronavirus was declared a global pandemic. Today's main story

0:00:13.520 --> 0:00:16.720
<v Speaker 1>in the UK, where a fast spreading variant of the

0:00:16.800 --> 0:00:22.480
<v Speaker 1>virus was first detected. The outbreak is raging. The government

0:00:22.600 --> 0:00:25.840
<v Speaker 1>is banking on a strict new lockdown to save the

0:00:25.880 --> 0:00:31.480
<v Speaker 1>health care system from buckling. But first, here's what happened

0:00:31.520 --> 0:00:42.840
<v Speaker 1>in virus news today. The United States had its deadliest

0:00:42.920 --> 0:00:47.760
<v Speaker 1>day yet from the pandemic on Thursday. For the first time,

0:00:48.040 --> 0:00:53.480
<v Speaker 1>the country exceeded four thousand daily fatalities. It's a number

0:00:53.520 --> 0:00:57.880
<v Speaker 1>that was once unthinkable. The data were compiled by Johns

0:00:57.880 --> 0:01:03.480
<v Speaker 1>Hopkins University and Bloomberg. Around two hundred and seventy seven

0:01:03.560 --> 0:01:09.640
<v Speaker 1>thousand new cases were reported nationally on Thursday. That's among

0:01:09.680 --> 0:01:13.680
<v Speaker 1>the highest numbers for the entire pandemic. As states report

0:01:13.840 --> 0:01:19.880
<v Speaker 1>surging cases following the holidays. Hospitalizations also hit a record,

0:01:20.160 --> 0:01:24.959
<v Speaker 1>according to the COVID Tracking Project. A new study shows

0:01:25.080 --> 0:01:29.040
<v Speaker 1>that the COVID nineteen vaccine, developed by Faser and bioan Tech,

0:01:29.560 --> 0:01:34.240
<v Speaker 1>may protect against the new fast spreading variants of the coronavirus.

0:01:35.440 --> 0:01:38.640
<v Speaker 1>The study, done by Researchers at the University of Texas

0:01:38.640 --> 0:01:42.480
<v Speaker 1>Medical Branch and supported by the two drug companies, honed

0:01:42.520 --> 0:01:46.320
<v Speaker 1>in on a crucial mutation in the virus's spike protein

0:01:46.800 --> 0:01:51.840
<v Speaker 1>that is common to both fast spreading variants. Antibodies in

0:01:51.880 --> 0:01:54.800
<v Speaker 1>the blood of people who had been vaccinated were able

0:01:54.840 --> 0:02:01.320
<v Speaker 1>to neutralize a lab created version of the mutant virus. Finally,

0:02:02.120 --> 0:02:06.200
<v Speaker 1>Italy is among several European nations who are tightening up

0:02:06.240 --> 0:02:10.240
<v Speaker 1>restrictions in the face of a surging virus. The government

0:02:10.240 --> 0:02:13.560
<v Speaker 1>will close bars and restaurants as part of the clampdown

0:02:13.600 --> 0:02:16.920
<v Speaker 1>in Milan and its surrounding area, as well as for

0:02:17.240 --> 0:02:24.639
<v Speaker 1>other regions. Croatia extended similar restrictions until January one. Hungary

0:02:24.639 --> 0:02:30.600
<v Speaker 1>and France have also prolonged virus curbs. Cyprus has tightened restrictions,

0:02:30.639 --> 0:02:33.959
<v Speaker 1>including a requirement for people to send text message when

0:02:33.960 --> 0:02:39.160
<v Speaker 1>they plan to leave home, and Irish businesses closed due

0:02:39.200 --> 0:02:44.200
<v Speaker 1>to coronavirus restrictions should assume they won't reopen before the

0:02:44.320 --> 0:02:53.120
<v Speaker 1>end of March. And now for today's main story. The

0:02:53.240 --> 0:02:57.079
<v Speaker 1>United Kingdom's national health system is in danger of breaking

0:02:57.360 --> 0:03:00.840
<v Speaker 1>under the weight of its raging coronavirus outbreak and the

0:03:00.919 --> 0:03:05.480
<v Speaker 1>next few weeks will be its biggest challenge yet. The

0:03:05.639 --> 0:03:08.760
<v Speaker 1>UK is at the epicenter of the European struggle to

0:03:08.840 --> 0:03:13.880
<v Speaker 1>contain COVID nineteen. The death toll is the highest in

0:03:13.919 --> 0:03:18.480
<v Speaker 1>Europe and daily infections are at a record. Medical staff

0:03:18.560 --> 0:03:21.239
<v Speaker 1>say they may be forced to turn people away from

0:03:21.280 --> 0:03:25.480
<v Speaker 1>hospitals if the latest lockdown fails to stop the spread

0:03:25.760 --> 0:03:30.720
<v Speaker 1>quickly enough. I spoke to London based reporter James Payton

0:03:30.960 --> 0:03:34.120
<v Speaker 1>about the fast spreading new virus strain and the next

0:03:34.320 --> 0:03:40.840
<v Speaker 1>crucial weeks for the country's health system. Britain has been

0:03:40.880 --> 0:03:44.200
<v Speaker 1>severely affected by the pandemic. This week it regained its

0:03:44.200 --> 0:03:47.440
<v Speaker 1>place as the worst hit European country in terms of fatalities,

0:03:48.240 --> 0:03:51.960
<v Speaker 1>and I'm just wondering, you know, how are Britain's hospitals

0:03:52.160 --> 0:03:55.440
<v Speaker 1>and health care system holding up with all of this

0:03:55.600 --> 0:04:00.720
<v Speaker 1>going on. Yeah, well, it's a pretty bleak picture at

0:04:00.760 --> 0:04:04.000
<v Speaker 1>the moment, and a race against time in many ways

0:04:04.120 --> 0:04:08.120
<v Speaker 1>in Britain, because the virus is surging again, as you know,

0:04:08.520 --> 0:04:11.480
<v Speaker 1>fueled in part by at least in part by this

0:04:11.560 --> 0:04:15.320
<v Speaker 1>new variant of the virus that was detected in the

0:04:15.160 --> 0:04:18.760
<v Speaker 1>UH the country last month. The Mayor of London has

0:04:19.320 --> 0:04:23.039
<v Speaker 1>recently described the pathogen as being out of control. Health

0:04:23.040 --> 0:04:28.000
<v Speaker 1>officials said earlier this week that one in fifty people

0:04:28.360 --> 0:04:34.080
<v Speaker 1>in England has COVID nineteen, which is quite a stunning statistic. UH.

0:04:34.160 --> 0:04:37.520
<v Speaker 1>And at the same time, the country is sprinting ahead

0:04:37.560 --> 0:04:41.520
<v Speaker 1>to vaccinate as many people as it possibly can in

0:04:41.560 --> 0:04:44.800
<v Speaker 1>the shortest amount of time to try to alleviate pressure

0:04:44.839 --> 0:04:48.120
<v Speaker 1>on the health system, which is already stretched. You know,

0:04:48.240 --> 0:04:51.919
<v Speaker 1>entered the pandemic UM in a in a difficult position.

0:04:52.520 --> 0:04:56.000
<v Speaker 1>So UM. You know that the health system in the

0:04:56.120 --> 0:05:02.000
<v Speaker 1>UK survived the first wave of the Corona virus despite UH,

0:05:02.040 --> 0:05:04.920
<v Speaker 1>you know, significant worries at the time. UM. You know,

0:05:05.000 --> 0:05:08.039
<v Speaker 1>the government asked everyone to go the extra mile. UH

0:05:08.120 --> 0:05:10.520
<v Speaker 1>during the first lockdown in the spring. You you may

0:05:10.520 --> 0:05:14.800
<v Speaker 1>recall that people here in Britain stood on their doorsteps

0:05:15.040 --> 0:05:21.279
<v Speaker 1>and applauded health workers every Thursday night. UH. Children painted

0:05:21.400 --> 0:05:24.680
<v Speaker 1>rainbows to stick on the front windows of their homes.

0:05:24.720 --> 0:05:29.600
<v Speaker 1>Everyone rallied around UH doctors and UH and nurses. But

0:05:29.880 --> 0:05:32.919
<v Speaker 1>you know, this time, the fatigue, I think and the

0:05:33.000 --> 0:05:37.520
<v Speaker 1>frustration is is growing and there's you know, a concern

0:05:37.560 --> 0:05:40.400
<v Speaker 1>as you as you mentioned that the system will be

0:05:40.480 --> 0:05:45.560
<v Speaker 1>able to cope with this latest rise of infections. As

0:05:45.560 --> 0:05:47.479
<v Speaker 1>I mentioned, it's you know, it's a system that was

0:05:48.240 --> 0:05:51.560
<v Speaker 1>under pressure for years coming into this crisis, facing a

0:05:51.640 --> 0:05:57.400
<v Speaker 1>nursing shortage of about forty thousand unfilled positions, among a

0:05:57.480 --> 0:06:01.359
<v Speaker 1>number of other constraints. So, you know, people across Britain

0:06:01.400 --> 0:06:05.599
<v Speaker 1>are seeing all this alarming data and hearing anecdotes of

0:06:06.360 --> 0:06:12.400
<v Speaker 1>hospitals inundated with patients, people spilling out into the corridors. Uh.

0:06:12.440 --> 0:06:17.200
<v Speaker 1>You know, ambulances lining up outside hospitals. UM. And you know,

0:06:17.240 --> 0:06:18.919
<v Speaker 1>health workers that I've talked to and some of my

0:06:18.960 --> 0:06:23.560
<v Speaker 1>colleagues have talked to UH tell us that they are exhausted,

0:06:23.600 --> 0:06:28.159
<v Speaker 1>they're stressed, unsure if if hospitals will be will be

0:06:28.240 --> 0:06:31.120
<v Speaker 1>able to cope. So the nation is now in its

0:06:31.200 --> 0:06:35.680
<v Speaker 1>third lockdown. As as infections, you know, continue to climb,

0:06:36.440 --> 0:06:39.000
<v Speaker 1>death toll in the UK is now at more than

0:06:39.040 --> 0:06:43.320
<v Speaker 1>seventy eight thousand, that's the highest in Europe. UH and UM,

0:06:43.520 --> 0:06:45.800
<v Speaker 1>the next few weeks are really going to be crucial

0:06:46.279 --> 0:06:50.760
<v Speaker 1>in answering answering those questions. And you know, as you mentioned,

0:06:50.760 --> 0:06:55.599
<v Speaker 1>this already stressed system, the NHS, they now have a

0:06:55.600 --> 0:06:59.640
<v Speaker 1>a dual role in some ways to not only continue

0:06:59.680 --> 0:07:01.880
<v Speaker 1>to pre I care for a rising number of COVID

0:07:01.960 --> 0:07:06.400
<v Speaker 1>nineteen patients, but also to carry out a massive public

0:07:06.480 --> 0:07:09.760
<v Speaker 1>health immunization program. I mean, is there a concern that,

0:07:09.800 --> 0:07:13.200
<v Speaker 1>of course the NHS may not have the resources to

0:07:13.320 --> 0:07:18.640
<v Speaker 1>do this, this two pronged responsibility. It's a it's a

0:07:18.680 --> 0:07:21.520
<v Speaker 1>really good question because, as you say, on the one hand,

0:07:21.600 --> 0:07:27.560
<v Speaker 1>the system is dealing with this sharp rise in cases. Uh.

0:07:27.600 --> 0:07:29.560
<v Speaker 1>And then on the other hand, it's being asked to

0:07:30.320 --> 0:07:35.360
<v Speaker 1>carry out a mass immunization program and not just you know,

0:07:35.440 --> 0:07:39.360
<v Speaker 1>vaccinating millions of people. But this is an unprecedented operation.

0:07:40.080 --> 0:07:43.680
<v Speaker 1>It has you know, their production hurdles, logistics issues, public

0:07:43.800 --> 0:07:49.040
<v Speaker 1>education challenges. Uh. You know, we're talking about vaccinating tens

0:07:49.040 --> 0:07:52.800
<v Speaker 1>of millions of people in you know, hopefully you know,

0:07:52.840 --> 0:07:56.680
<v Speaker 1>a matter of months. Uh. So clearly this is just putting,

0:07:56.800 --> 0:07:59.040
<v Speaker 1>you know, even more strain on the system. You know,

0:07:59.080 --> 0:08:01.400
<v Speaker 1>there has there has been a lot of planning in

0:08:01.440 --> 0:08:04.920
<v Speaker 1>recent months up until this point. The UK is relying,

0:08:05.080 --> 0:08:08.760
<v Speaker 1>for instance, on the military. I think it's about five

0:08:08.800 --> 0:08:11.920
<v Speaker 1>thousand members of the armed forces that uh, you know

0:08:11.960 --> 0:08:15.680
<v Speaker 1>have been called on to help, uh, their volunteers. Uh.

0:08:15.800 --> 0:08:19.800
<v Speaker 1>It's a it's a truly you know, massive effort, but

0:08:20.320 --> 0:08:24.640
<v Speaker 1>you know, snags are inevitable. Other countries as well, the US,

0:08:25.240 --> 0:08:29.640
<v Speaker 1>other governments across the European Union now are experiencing some

0:08:29.720 --> 0:08:31.800
<v Speaker 1>of these issues. Um, it's not going to be easy

0:08:31.880 --> 0:08:33.800
<v Speaker 1>and I think it's gonna take it's going to take

0:08:33.840 --> 0:08:36.440
<v Speaker 1>some time. But clearly that is uh, you know, that's

0:08:36.480 --> 0:08:39.480
<v Speaker 1>adding to the pressure. But the UK has is really betting.

0:08:40.040 --> 0:08:43.719
<v Speaker 1>I mean everyone uh is betting on vaccines right now.

0:08:43.720 --> 0:08:46.840
<v Speaker 1>The scene is the exit strategy here globally. But the

0:08:46.960 --> 0:08:49.560
<v Speaker 1>UK has made a really, really big push. They were

0:08:49.600 --> 0:08:53.240
<v Speaker 1>the first country in the Western world to begin rolling

0:08:53.240 --> 0:08:57.360
<v Speaker 1>out vaccines, moving ahead of the US and the European Union.

0:08:57.760 --> 0:09:03.040
<v Speaker 1>Country acquired uh, you know, hundreds of millions of doses uh,

0:09:03.080 --> 0:09:07.320
<v Speaker 1>of several different vaccines in advance, including the fightser BioNTech vaccine,

0:09:07.920 --> 0:09:11.360
<v Speaker 1>the homegrown shot from Astra Zeneca in the University of

0:09:11.360 --> 0:09:14.240
<v Speaker 1>Oxford and and the Madurna vaccine which actually just got

0:09:14.400 --> 0:09:17.360
<v Speaker 1>authorized in the UK. You know, our Bloomberg tracker shows

0:09:17.360 --> 0:09:19.880
<v Speaker 1>I think about one point five million people have been

0:09:19.960 --> 0:09:23.319
<v Speaker 1>have been vaccinated thus far. That's more than two percent

0:09:23.360 --> 0:09:26.800
<v Speaker 1>of the population. Uh. So it's it's it's you know,

0:09:26.800 --> 0:09:28.520
<v Speaker 1>the big strides that have been made, but it also

0:09:28.600 --> 0:09:31.360
<v Speaker 1>underscores how this is, how this is a long road.

0:09:32.800 --> 0:09:35.960
<v Speaker 1>And as far as you know, the state that Brittain

0:09:36.040 --> 0:09:40.479
<v Speaker 1>is in right now, with the rising number of cases, fatalities, etcetera,

0:09:40.679 --> 0:09:45.280
<v Speaker 1>has this at all changed the vaccine rollout process? I mean,

0:09:45.480 --> 0:09:49.320
<v Speaker 1>as you said that it's been quite rapid moving thus far,

0:09:49.520 --> 0:09:52.880
<v Speaker 1>but is there any kind of expectation that this might

0:09:52.920 --> 0:09:57.920
<v Speaker 1>slow down because of this strain on the health care system. Well,

0:09:57.920 --> 0:10:01.520
<v Speaker 1>what's interesting is that the UK is actually in recent

0:10:01.600 --> 0:10:04.520
<v Speaker 1>days has maken has taken a pretty bold step kind

0:10:04.520 --> 0:10:07.280
<v Speaker 1>of going out in the limb a bit in uh

0:10:07.280 --> 0:10:10.719
<v Speaker 1>in altering how it's going to do this. And a

0:10:10.840 --> 0:10:14.080
<v Speaker 1>key part of the plan is to UH space out

0:10:14.360 --> 0:10:18.880
<v Speaker 1>the two doses of the first vaccines that have been authorized,

0:10:19.080 --> 0:10:23.319
<v Speaker 1>the first two vaccines, to delay the second dose by

0:10:23.440 --> 0:10:26.960
<v Speaker 1>up to twelve weeks. And so the goal here is

0:10:26.960 --> 0:10:29.920
<v Speaker 1>to stretch out supplies to maximize the number of people

0:10:29.960 --> 0:10:33.440
<v Speaker 1>who get some level of protection in the shortest amount

0:10:33.440 --> 0:10:37.200
<v Speaker 1>of time. So the government says the data justify that

0:10:37.280 --> 0:10:40.720
<v Speaker 1>decision and that people get good protection after the first shot,

0:10:40.720 --> 0:10:45.079
<v Speaker 1>and the lengthening that interval doesn't weaken the immune response

0:10:45.120 --> 0:10:48.880
<v Speaker 1>after the two dose courses completed. But there are a

0:10:48.960 --> 0:10:52.560
<v Speaker 1>lot of doubts about that, about that policy and what

0:10:52.679 --> 0:10:55.559
<v Speaker 1>happens during those twelve weeks, how quickly or not immunity

0:10:55.720 --> 0:11:00.640
<v Speaker 1>could wane. US officials and now European Union officials as

0:11:00.640 --> 0:11:04.319
<v Speaker 1>well just today have said that the data just don't

0:11:04.840 --> 0:11:08.319
<v Speaker 1>support such a decision. And and you know, it's not

0:11:08.679 --> 0:11:11.560
<v Speaker 1>kind of proud into this step to deviate um from

0:11:11.559 --> 0:11:14.760
<v Speaker 1>what was tested in the clinical trials, but it's an

0:11:14.760 --> 0:11:20.280
<v Speaker 1>interesting strategy that's sparked a really lively debate as the

0:11:20.440 --> 0:11:23.199
<v Speaker 1>as the urgency grows. So you know, some people have

0:11:23.200 --> 0:11:25.480
<v Speaker 1>have seen this as a bit of a gamble um.

0:11:25.520 --> 0:11:27.360
<v Speaker 1>You know, one person I talked to earlier this week,

0:11:27.400 --> 0:11:31.520
<v Speaker 1>the head of the British Society for Immunology, said that

0:11:31.640 --> 0:11:34.640
<v Speaker 1>the risk of not taking a step like that is

0:11:34.720 --> 0:11:37.080
<v Speaker 1>actually much greater. You know, he said, in a in

0:11:37.120 --> 0:11:41.440
<v Speaker 1>a normal world, we would stick to the plan that was,

0:11:41.559 --> 0:11:44.120
<v Speaker 1>you know, that the dosing that was tested in the

0:11:44.160 --> 0:11:47.840
<v Speaker 1>clinical trials. But he said, you know, uh, we're not

0:11:47.920 --> 0:11:50.400
<v Speaker 1>in a normal world at the moment. You know, things

0:11:50.440 --> 0:11:52.600
<v Speaker 1>have changed and there's there's you know, we're in this

0:11:52.840 --> 0:11:56.319
<v Speaker 1>unprecedented crisis. Uh, so we have to take a different

0:11:56.360 --> 0:12:00.480
<v Speaker 1>strategy basically, So the UK is making change just to

0:12:00.640 --> 0:12:03.800
<v Speaker 1>try to maximize the number of people who are who

0:12:03.800 --> 0:12:06.800
<v Speaker 1>are immunized, and it's it's too early to say how

0:12:06.840 --> 0:12:10.760
<v Speaker 1>that will unfold. Obviously, if it if it works, um,

0:12:10.800 --> 0:12:14.840
<v Speaker 1>you know, the UK could have a significant advantage. And

0:12:14.880 --> 0:12:18.640
<v Speaker 1>if it doesn't, obviously that could leave the country vulnerable.

0:12:18.679 --> 0:12:21.680
<v Speaker 1>So we'll just have to wait and see. And as

0:12:21.679 --> 0:12:25.080
<v Speaker 1>far as some of the strategies that the UK has taken,

0:12:25.400 --> 0:12:28.199
<v Speaker 1>I mean, would you say, in your opinion, the most

0:12:28.320 --> 0:12:33.040
<v Speaker 1>recently announced lockdown, um that began I believe earlier this week,

0:12:33.360 --> 0:12:37.520
<v Speaker 1>that is part and parcel of this attempt to try

0:12:37.760 --> 0:12:42.560
<v Speaker 1>and at least mitigate these overwhelming stresses on this health

0:12:42.559 --> 0:12:48.200
<v Speaker 1>care system. Yeah, I mean that's definitely that's definitely true.

0:12:48.240 --> 0:12:51.800
<v Speaker 1>And I think for the for the government, uh, you know,

0:12:51.840 --> 0:12:54.439
<v Speaker 1>we have to remember that going back over the past year,

0:12:54.559 --> 0:12:57.200
<v Speaker 1>the last ten months, really the government has been under

0:12:57.200 --> 0:12:59.560
<v Speaker 1>a lot of pressure and there's been a lot of

0:12:59.559 --> 0:13:02.480
<v Speaker 1>criticis is m of the way that the UK has

0:13:03.120 --> 0:13:05.640
<v Speaker 1>has responded. You know, people have said that the country

0:13:05.640 --> 0:13:09.360
<v Speaker 1>hasn't moved swiftly enough or efficiently enough to try to

0:13:09.400 --> 0:13:13.520
<v Speaker 1>get the virus under control. There's been scrutiny and criticism

0:13:13.520 --> 0:13:18.200
<v Speaker 1>of the strategy for testing and contact tracing. People have

0:13:18.240 --> 0:13:20.400
<v Speaker 1>said that the lockdowns have been carried out, you know,

0:13:20.480 --> 0:13:25.880
<v Speaker 1>too late. We're imposing more restrictions this week with vaccines

0:13:26.360 --> 0:13:30.440
<v Speaker 1>this the stakes are immense, right we are talking about,

0:13:30.520 --> 0:13:32.800
<v Speaker 1>you know, for the country and for the government sort

0:13:32.840 --> 0:13:37.760
<v Speaker 1>of an opportunity to uh, to redeem itself and to uh,

0:13:37.800 --> 0:13:41.520
<v Speaker 1>you know, to get control of this virus, to protect

0:13:41.840 --> 0:13:45.480
<v Speaker 1>a significant portion of the population. As you can imagine, UH,

0:13:45.600 --> 0:13:49.320
<v Speaker 1>some people aren't sure the government will be able to deliver.

0:13:49.440 --> 0:13:52.679
<v Speaker 1>The government has a strategy of or has a target

0:13:52.800 --> 0:13:57.480
<v Speaker 1>rather of vaccinating about fifteen million people by the middle

0:13:57.520 --> 0:14:01.920
<v Speaker 1>of next month. Obviously very vicious UM. And you know,

0:14:02.000 --> 0:14:04.880
<v Speaker 1>some based on the government's track records, some are doubting

0:14:05.280 --> 0:14:08.840
<v Speaker 1>whether that is is achievable. UM. But clearly there are

0:14:09.160 --> 0:14:12.080
<v Speaker 1>enormous resources going into this effort. We'll just have to

0:14:12.080 --> 0:14:14.800
<v Speaker 1>wait and see, but it's going to be a very

0:14:14.840 --> 0:14:21.800
<v Speaker 1>important and critical uh, several weeks ahead for the country.

0:14:25.520 --> 0:14:28.240
<v Speaker 1>That was James Peyton and that's it for our show

0:14:28.240 --> 0:14:31.920
<v Speaker 1>today for coverage of the outbreak from one bureaus around

0:14:31.960 --> 0:14:36.840
<v Speaker 1>the world. Visit Bloomberg dot com, slash Coronavirus, and if

0:14:36.840 --> 0:14:39.040
<v Speaker 1>you like the show, please leave us a review and

0:14:39.080 --> 0:14:42.960
<v Speaker 1>a rating on Apple Podcasts or Spotify. It's the best

0:14:42.960 --> 0:14:47.080
<v Speaker 1>way to help more listeners find our global reporting. The

0:14:47.080 --> 0:14:51.440
<v Speaker 1>Prognosis Daily edition is produced by Topha foreheads Magnus Henrickson

0:14:51.680 --> 0:14:55.920
<v Speaker 1>and me Laura Carlson. Today's main story was reported by

0:14:56.000 --> 0:15:00.760
<v Speaker 1>James Peyton. Original music by Leo Sidrin. Our editors are

0:15:00.880 --> 0:15:05.280
<v Speaker 1>Rick Shine and Francesco Levi. Francesco Levi is Bloomberg's head

0:15:05.280 --> 0:15:21.920
<v Speaker 1>of podcasts. Thanks for listening, m