Latest / Early Edition with Ryan Bridge / Gavin Grey: Europe correspondent on France's high speed rail network returning to normal after attack

Transcript

Gavin Grey: Europe correspondent on France's high speed rail network returning to normal after attack · Early Edition with Ryan Bridge

• 0:00
  Speaker 1: UK and Europe correspondent. He's with US Live this morning.
• 0:03
  Speaker 1: Good morning, Devin. Has anyone claimed responsibility for this rilo
• 0:07
  Speaker 1: tech in France.
• 0:09
  Speaker 2: No, not yet and it has of course been something
• 0:12
  Speaker 2: that has rocked the early part of the Olympics. It
• 0:16
  Speaker 2: took place on Friday local time, just before the opening
• 0:20
  Speaker 2: ceremony of the Olympics. Things are getting back to normal slowly.
• 0:25
  Speaker 2: They hope to run a full service on Monday tomorrow
• 0:28
  Speaker 2: at our time, but at the moment, one in four
• 0:30
  Speaker 2: Eurostar trains they're the international services between London and Paris
• 0:35
  Speaker 2: using a high speed line in Paris, just one in
• 0:38
  Speaker 2: four of its trains that will not run, so cancelations down,
• 0:42
  Speaker 2: but still really quite considerable, bearing in mind most of
• 0:46
  Speaker 2: the trains are absolutely solidly booked up, so that's still
• 0:49
  Speaker 2: a problem. And the rail company said the main Western
• 0:54
  Speaker 2: line from Paris was operating, was normal, but three out
• 0:57
  Speaker 2: of four TGV trains those are the more high be
• 1:00
  Speaker 2: trained were running on the Northern line from mill with
• 1:03
  Speaker 2: no delays expected. But still, you know, that's only three
• 1:06
  Speaker 2: out of four. So rail workers did manage to foil
• 1:10
  Speaker 2: one attempt to destroy safety equipment on a fourth line,
• 1:13
  Speaker 2: but three of those high speed lines out of the
• 1:16
  Speaker 2: capital absolutely paralyzed. They should be all back to normal,
• 1:19
  Speaker 2: but not the start of the Olympics. They wanted nobody's
• 1:22
  Speaker 2: see at claim responsibility. Plenty of people pointing the finger
• 1:26
  Speaker 2: at Russian saboteurs.
• 1:28
  Speaker 1: Yeah, because you would think anyone else would climb responsibility.
• 1:31
  Speaker 1: Russia is the only one with an interest in not you.
• 1:34
  Speaker 2: Know what I mean?
• 1:35
  Speaker 1: Yeah, Hey, are you being softened up for a texts
• 1:38
  Speaker 1: and crisis in the UK? An you rickon?
• 1:40
  Speaker 2: I think we might be let me know in twenty
• 1:42
  Speaker 2: four hours. I'll come back to you, because we are
• 1:45
  Speaker 2: due to hear from our chancellor, the first female chancellor
• 1:47
  Speaker 2: in history, Rachel Reeves. She, of course part of the
• 1:50
  Speaker 2: new government here in the UK that started on the
• 1:53
  Speaker 2: fourth of July. Now, already they've been saying, oh, well,
• 1:57
  Speaker 2: we were left a much worse situation than we thought.
• 2:00
  Speaker 2: Things are not as good as we thought economically, and
• 2:05
  Speaker 2: they had always in the pre election campaigning said that
• 2:08
  Speaker 2: they would effectively continue on the same economic spending and
• 2:13
  Speaker 2: taxing as the preceding government. However, if this report out
• 2:18
  Speaker 2: tomorrow from the Chancellor reveals what we hear, which is
• 2:22
  Speaker 2: a massive black hole in the economy, then I think
• 2:25
  Speaker 2: we are going to see tax rises pretty quickly. It
• 2:28
  Speaker 2: is rumored by some that the black hole in the
• 2:31
  Speaker 2: economy could be as much as over forty five billion
• 2:36
  Speaker 2: New Zealand dollars a year, and of course yes they
• 2:39
  Speaker 2: can cut back on spending, but then they might be
• 2:41
  Speaker 2: looking at generally. Perhaps another one could be inheritance tax.
• 2:45
  Speaker 2: What you inherit when somebody dies and leaves you their money,
• 2:49
  Speaker 2: and possibly also capital gains, so that is the selling
• 2:53
  Speaker 2: of an asset and a tax on the growth. Yeah,
• 2:56
  Speaker 2: it could be bad news.
• 2:57
  Speaker 1: Could be bad news, could be one of those, all
• 3:00
  Speaker 1: of those. Kevin, Thanks so much for your time and
• 3:02
  Speaker 1: good luck.
• 3:03
  Speaker 2: For more from News Talk st B. Listen live on
• 3:05
  Speaker 2: air or online, and
• 3:07
  Speaker 1: Keep our shows with you wherever you go with our
• 3:09
  Speaker 1: podcasts on iHeartRadio.