just look at england, it is 51% out, 48% in. that is just england. we're talking about a united kingdom which -- so, there you have it. the united kingdom now is 51 to 48. we're still looking at major selloff in stocks. and big selloff in oil. big selloff for the british pound and euro. liz: british pound at 1985 levels, to your point. stuart: 1985 levels? >> liz: yeah. stuart: if i were to go over to my home country and bought a few things they would seem real cheap, would they not? >> my guess a few things are for sale. stuart: whoa, steve moore is with us. steve, come on. i want to see you. are you on camera? there you are. what do you make of this? >> my phone is going crazy. the world is coming to an end. stuart: i know you want ad leave vote. looks like you might get it. did you expect this kind of reaction on financial markets because this is a bloodbath, steve? >> it is. let me say couple things. this is remarkable night. first of all people, investor markets just breathe, take a deep breath because i think people are overreacting to this. th

the the bank england tested those. as a result of these actions, uk banks have raised over 130 billion pounds of new capital. now, i have more than 600 billion pounds of high qualitity liquid access. >> well, that substantial and huge liquidity. and even during challenging time. as a backstop and to support the march us. the bank of england is able to provide substantial amounts and currency if required. >> we expect institution to draw on this funding if and when it is appropriate. >> just like we expect them to draw our own resources as needed. >> and flying her financial services in the economy. >> in coming weeks, the bank will assist economic and we'll consider any policy responses. >> a few months ago the -- to mitigate them, the bank has put in place extensive plan. these plans begin and showing the core of our financial system is capitalized and it is liquid and strong. >> and all of these resources will support orderly market functioning in the face of any short term volatility. the bank will continue to consu

big britain to little england. the scientists, and the communists, and the sports people, the overwhelming majority said, stay in the eu. the people wanted to do something different. europe is concerned that this will be a run on their bank, politically, that their anti-establishment, nationalist, and xenophobic parties will get a wind from this, and spin off as well. this is a worst case scenario people are afraid of at this point. >> we are under 135. stabilized. >> i am guessing what is happening with the pound now, the overnight trading in asia, and london overnight, has taken a tumble. nothing will happen to that pound until london opens in two hours from now. it has found the floor, it is 408ding that floor, it will remain that way. london is going down nine or 10 percent. circuit breakers will have to come in to prevent a panic setting into the market. sgru mentioned mclaughlin in brussels, the european capital. >> just 48 hours ago, jean claude said out means out. there will be no renegotiation, his words,

think things have worked well in the bank of england deserves credit. there is obviously quite a bit of repricing going on. if you look at what has happened in the economic forecast, the consensus has fallen by half a point. that may or may not turn out to be right that people try to factor that in and say who are the winners and who are the losers? suffer in those circumstances. i think you have to try to see through the fog of these short-term changes and say what has really changed? i think it is probably true the exchange rate has changed. is having a medium-term effect, so that is probably an enduring change. vonnie: does that suggest a new fall of the british power? >> i never like to think of exchange rates -- it's just a price, a relative price. but i think what you are seeing is a sense that the u.k. has become a riskier place to invest. we used to pride ourselves on financial and clinical stability. u.k. looks like a higher beat stock until we settle down, you're seeing that priced in. : do the politicians of the united kingdom have to move fa

england equalized. they know storage completed the comeback with the game-winner. 2-1 the final, a last-minute win for england. in thursday's second game, northern ireland back their first ever win at a major tournament against ukraine and again it was actually suspended for a time. both teams were called as torrential rains and health stones better the stadium. a header northern ireland had very late. seal the deal. 2-0, biggest dork final score. you're watching "dw news." still to come -- >> let me take you on a tour, 40 years after the shootings. it has turned into a vibrant neighborhood with shopping malls and trendy restaurants. it is the mirror of the problem south africa is facing today. poverty, the huge divide between the rich and the poor, and massive unemployment. brent: we'll have more that -- stick around. ♪ ♪ >> welcome back, everyone. a british member of parliament has been shot and killed. jo cox was attacked in her office in northern england. a man has been arrested campaigning in t

says f england

large sways of england are red. london -- just lock at london, almost like scotland except for those few on the east side. what happened here tonight? >> what seems to have happened is the enthusiasm gap. we knew geographically that it would look a little bit like this. london would be blue on your map. scotland would be blue. most of england would look red with dots in the larger cities. but the turnout on the side of the brexit, on the side of the lead campaign was higher. and the degree of the victories in those places were higher than the degree in the remain areas. there seems to have been an enthusiasm gap. hard campaign to run for the remain side. it's the status quo. it's basically trying to infuse people about carrying on. and they didn't quite get it. >> there is sort of a -- when nigel farage said -- leader of the uk party said this is a victory for the people. a populist message, he is appealing to a certain electorate, big divide there as well. not just age or region but that. >> we looked at the geogra

what do you expect the bank of england to do? erik: one things they are doing right now which is very important is remaining calm, at least somebody is. it is not completely imploding. there is something about that air of stability, especially from carney and others of the bank which is a good thing no matter what they do. i know that calmness is external and internally they are under intense pressure. they are working extremely hard to get around this problem and come up with a strategy. anna: what does the strategy look like? they are getting the monetary policy together but what does the strategy look like? will they raise more quantitative easing? what are we talking? erik: i will go to the last one of those. i don't think it will make a difference if they cut rates. they may do more qe. i think the key thing they should do is stand by to provide liquidity. they have made those statements. contingency funds available for the liquidity. prevent them from having a credit crunch. that is priorities one third 10. it looks like he

about the poor people of england in the 1600s and he transposed this to north hampton. the characters remind you of the characters, it is a very ambitious, exciting book and i think it will explode. >> host: a couple more books we want to share with you that are coming up. >> a lot of people in your audience know of him. he has written a three or fourth century history of lighthouses starting with the boston lighthouse. even until today what happened to the lighthouse? he told the story of america through the lighthouses, what they did in the war, who the lighthouse keepers were. technology, old-fashioned, it is a riveting book which is i think for anyone traveling there, hundreds of lighthouses like michigan, you wouldn't know where they are in america. it tells the story through a most unusual source and who doesn't like a lighthouse? jenin giovanni is one of the most renowned war correspondents in the world, she is everywhere where there is great danger going on. this book is just out the morning they came for us, it is all about what happened in sierra. the pros is

england and a lot of wales actually is where we're seeing the rest of england other than london of course and wales is where we're seeing support for leave. we're more than halfway through 205 out of 382 voting areas declared. i've been talking to someone and he said look, you know, this is looking now like we're seeing sterling $1.30 here we come. he said it is looking pretty serious. rish? rishaad: yeah. a manchester voting remain. let's stay in london and get to bloomberg intelligence and jamie murray. it is about sterling today. we have had this feed through to some of the other currencies. 5% down against swiss franc. sterling getting an absolutely pounding. >> yeah, it is getting battered. we knew that the pound was going to be sensitive to the outcome. we could see it in the run-ups. in the month before, every time the odds of brexit changed, you could see it mimicked in sterg sterling. so the relationships still holding. it is the same as it was before. the thing that has change second-degree the odds have changed massively. we have gone from 90% support to remain to 90% support f

fitch also saying they are downgrading the bank of england. i always forget the banks even have a credit rating. downgradedtch has gdp growth as well. previously, it had seen 1.9% growth. ist: one of your specialties etf's, knowing how to trade them, knowing how they work, when we get a down grade of the to., are there etf that have throw it out and mark are therefore sales we see in the fund universe? david: i think so and i think you see that liquidation now. you see this volatility spike taking place all over the world and there are also opportunities. what do we know that will now haven a long time mark we longer interest rates and they will be zero in japan, zero in europe. the 10 year yield make it down to 1% here. what does that say for housing in the u.s.? that is not impacted by brexit. we took up our weight in the selloff in sectors like consumer discretionary and housing. you can be opportunistic on one side and at the same time, you have to watch for the hooks. can you think of a good analogy to the level of uncertainty that people

england. london was the only region of england to support remaining a member of the e.u. the results in flintshire reflected the outcome across wales. voters backed brexit. but northern ireland voted to remain in the e.u. sinn fein says it intensifies the case for a vote on whether northern ireland should leave the united kingdom. and scotland, as expected, voted by a clear majority to stay in the e.u. scotland's first minister said it was democratically unacceptable for it to be taken out of the e.u. against its will. >> scotland -- it is a significant and material change in circumstances and it is therefore a statement of the obvious that the option of a second referendum must be on the table and it is on the table. carol: at westminster, leave campaigners have been celebrating. nigel farage said she was -- he was thrilled that the decide -- the society decided to break free. >> 11 million people have said we need to leave the european union. we now need a brexit government. a government tha

england will play veils -- play wales. fans arrive for that game. another game will have ukraine face-off against northern ireland and germany will play poland this evening. the egyptian government says it has found the wreckage of egypt air flight 804. all 66 people on board were killed last month when it veered off course and plunged into the mediterranean sea. a search vessel found degree from the aircraft and several locations. we can cross to charisse who joins us from the egyptian capital. what exactly have we heard from investigators? >> the government's statement which was released late last ,ight sent a search vessel which was one of two ships contracted to hunt for the downed plane, "identified several main locations of the wreckage." have been provided with photographic images taken from the seabed's. investigators and search teams will begin mapping the debris field on the ocean floor and even in the absence of data from the flight recorders, which have yet to be retrieved, the distribution of the wreckage could yield significant clues a

the bank of england has a lot of tools. i think they have the objective of doing the right thing to preserve the power and the growth of the u.k. economy, and they will do that, and do that in part by how they regulate the banks going forward. erik: nowerik:, what about the way you-- erik: now, what about the way you operate as an institution needs to change to accommodate the nimble-like state your company, the country will be in at least until september, and possibly for years to come? mr. staley: we're great people at barclays. it starts with conviction at the top here we have a great bank. it is terrific to be such a story institution in the united kingdom. we love being a british bank. we think it is a tremendous asset for us. we have a great management team. it is one that has worked together for a long time. i think we have shown an ability to be decisive, to act with conviction. we have a strategy that is going to work. so communal, these have been long nights dealing with -- so these have been long nights dealing w

it may be why the bank of england said will be trading as normal. the dollar amounts consistently strong and that could put a brake on the recovery in oil prices we have seen lately. what about venezuela which is pretty much heard in the trash but the middle east and so for the bin coming on this recovery of the strong dollar. i pretty much is where they were at the beginning of of the year. storey whereby to close them but i want to go back to luis and one last word from you please. >> it's independence day and i would say get your bargains wakened because the uk economy is about to go on a fantastic terrors of get your bargains why you can. stuart: that was a good last word and thank you for being with us virtually all night long. robert you got your chance. the british economy is going on a terror. you work for economist magazine that clearly disagree. >> it's something that we viewed the uk economy by 2020 will be 6% smaller. there'll be this huge deterrence of money. the investors -- investors want to go near. as much as it might be a bargain f

their son patrick was born in england. they started off working in a factory, but now both have jobs in management. and like many of their friends, they've bought a house here. agnes: work hard as much as possible, save as much as possible. some of them, they will be back to poland. i know a lot of my friends now, they settled here, they've got own houses here. they call england home, really. >> around 10% of people in boston now come from eastern europe. overall, there are some 3 million eu migrants in britain. far too many, say the eurosceptics. one reason they want britain to leave the eu is to stop further migration. >> exit from the european union. >> people are being drawn here because of our high rate of benefits. we earned those benefits. we earned the right. we re-invested in ourselves, that's why this country is a great country. >> what can we lose? what have we lost? we've lost a lot. all our industries are gone. it's not britain no more, is it? >> it's too much a mixed bag. >> and we are attracting too many peo

wilfred frost outside the bank of england for us. from london to chicago, let's get to the cme group. rick santelli and the santelli exchange. >> of course i have to commend about mr. carney. let's look at the pound versus dollar. and then wilfred appropriately referenced the bigger move earlier and we'll also show the five day while i'm talking. i guess what i'm confused about is -- is i guess when you learn how to paint, you just want to buy a canvas every week. the markets aren't dealing with this. the markets were functioning. central banks are too constantl. i understand that he wants the world to know he's ready to act but after everything we've been through with central banks i don't think that's ever a question in investors' minds. that's my opinion. let's go into what i wanted to talk about. let's show a couple of more charts. let's show a chart of the boon today. you see the yield? this is part of the whole thing going on with the central banks. if you look at a one week charter of the boon and then you look at a close only

and england is take it seriously. >> days after voting to get out of the e.u., england is out of the european soccer tournament. >> one of the greatest days in the history of football. iceland are in the quarter finals. >> 2-1 loss to iceland last night will go down as the worst moment in england's football history. >> trevor: wow the worst moment in england's football history. they've had tragedies where people died and this is the worst moment? that is a smart move crying into the ground. the guy is just, like, i may have let my country down but i'm not ending up as a bloody meme! hide my face! (laughter) i don't think you understand how big an upset this was. this was the first time iceland ever qualified for the european cup. nobody ever expected them to get this far. unlike england whose manager has millions, iceland's manager is a dude who works a part-time dentist. in england, went home crying, he gave them sugar-free lollipops -- you were very brave! (applause) my favorite part wasn't the part-time dentist manager, ults the full-time crazy icelandic announcer. (screaming) (un

it will be a prophet for the bank of england -- process for the bank of england. thank you for joining us. david: talk me through. what has the bank of england already announced? given the warnings from mark conte, did he have to roll back a little bit? guest: i think what he has done is come out with a very measured word. there is money available for liquidity. they have 130 billion pounds worth of capital. but the bank of england will not hesitate to act. they are channeling mario draghi in terms of this event. and in terms of what you have seen in the marketplace, the one thing that is interesting, we are in a political vacuum with the resignation of david cameron. one thing you can be sure of, the man running that institution ran the bank of canada during a crisis. governor conte, he took the bank of canada through a tough time and he stands ready. that is what will drive the decision-making. and goldman sachs already setting -- saying that they will cut further. when and if the governor decides to get into the market, it will be very different from 1992, it w

what were the people of england saying? in saying we're getting the heck out of this thing. >> this is not actually a surprise if you've been paying attention. what's happening in the united states is not an anomaly. it's part of a global movement called nationalism. people have nation-states for a reason so the people in charge, both in the uk and here see themselves as basically citizens of the world. all of this together. the average person does not see him as a citizen of the world but a citizen of a distinct country with a distinct language and culture. that's a foreign concept to the people in charge. that's why you are seeing that revolt there and here. when you talk to finance people, they said it's irrational, it's bad for business, therefore, it won't happen. they did not see this coming. they convinced themselves it was -- that the people would never vote this way and yet if you listen carefully you heard the stirrings of it. i think this is a very, very no, ma'am nous sign for the democrats in the united states

. >> and i'm fred pleitgen in birstall, england. "cnn newsroom" starts right now. >>> welcome, everyone. i'm fred pleitgen in birstall, gle england. this is a town in mourning, a nation in mourning. all of this has repercussions for politics around europe as well. the murder of jo cox is something that has moved england and certainly something that we want to talk about a lot as well. i want to set the scene for you because we're standing right in front of the makeshift memorial in the place that jo cox was killed. and we've been here for the past three hours. right now it's 8:00 a.m. on a saturday morning. we've been here since 5:00 a.m. we've seen a steady stream of people coming here to this makeshift memorial even now in the early morning hours, laying flowers. many of them just sort of standing in front of that memorial, shaking their heads. of course very much in mourning and in disbelief at what unfolded here on thursday. people bringing their children as well. at the same time, of course, the investigation into this case mov

the only region in england to vote to remain was london. >> which is a -- it's the only region in england that has a lot of immigrants. in many of these other parts -- >> we've got to recognize that. the phrase i have is a win is a win. you're right. it was a close win n we're split down the middle. we have to bring people together. we have to draw a line by the winning party because they won. >> the lesson is that fear and hate win? >> the lesson is that the british public aren't happy with the european union. we didn't do enough over the last few years to persuade the british public of the benefits of the european union. it's been a drip, drip, drip thing for the last 10, 20, 30 years. a british prime minister goes to the eu to do a deal, comes back and criticizes the eu. or when there's a concession made, talk suffers. the british public have not seen the benefits of the eu. we have to recognize the british public have chosen to leave and deal with the consequences. and one of the consequences is how you bring people back together. my message to european citizens, europeans is that we

we saw the head of the bank of england, the chairman come out a little while ago. david cameron did the same thing. in financial speak, the bank of england saying we will pump more foreign currency to provide a little liquidity. the pound is down to 30-year lows. this is serious. >> we just heard from the governor the bank of england, you could see it on his face not something he wanted to happen. the markets don't like uncertainty. that is what is playing out, not just with the u.k. leaving the eu. a lot of questions as to what this means for the global economy and potentially other members of the eu considering leaving because they see this play out and they think, if we have frustrations on our own, there is something to the power of vote and the power of a democracy. that's something that prime minister david cameron spoke about, saying i can't ignore what the people that i represent are asking for. i respect that. because i don't believe in the direction that its going and i don't believe it is the best direction, i have to step aside. you have to give him cre

absolutely in total contrast troeft of -- not the whole of england but the marnlth v england. >> it's a very, very fractured picture to say the least. we can go to plymouth. i think we are almost ready -- >> we're back here on msnbc covering the situation where the united kingsdom has voted to ext the european union. going back to ben jacobs, political reporter with "the guardian." ben, we just saw the way the vote broke down throughout the country. and fascinating to see that scotland, where there's a very strong independence movement, to be independent from britain, they voted very strongly to stay united with the european union. >> yes. scotland almost unanimously stayed with the eu. and the leaders of the scottish nationalist party already saying this calls into question scotland's place in the -- could stay in the european union contradiction continue all the benefits of being in the european union, that it didn't need to be part of the uk for that, and now this reexacerbates that tension because scots enjoyed the ability, it's a major economic boon to trade freely with europe. a

this resilience is backed up by the bank of england's liquidity in --. and all of these resources will support orderly market functioning in the dpas of now short-term volatility. >> meanwhile that hasn't really done anything to stanch the losses in the stocks of o some of these banks. for the banks 'part they have come out in force this morning saying they have planned for either outcome for months at this point. they are committed to serving their clients and will do so in as orderly a manner possible. they will work closely with governments over what is expected to be a long transition period to negotiate the new trade agreements with europe and their own businesses really. and that the transition in their businesses will not be immediate. it will take some time. but of course the banks that are head quartered in germany, in switzerland have taken a much tougher tome. ceo of deutsche bank saying i'm afraid this is not such a good day for europe. at this stage we cannot fully foresee the consequences but there is no doubt they will be negative on all s

they were everything that england were not. and now england out of europe for the second time in a week of course. and as you say, it will go down as one of the worst moments in england's football history. in fact, worse even than the loss back in 1950 at the world cup where they lost 1-0 to the usa. and as you say, iceland, such a tiny nation. only 330,000 people. they have more volcanoes in fact than they do professional footballers. the manager of england roy hodgson, just to show the discrepancy, was earning $4.6 million. the manager of iceland of course is a part-time dentist. four years ago they were ranked 133 in the world. well, look at them now. they're into the quarterfinals of the european championship against france. and i have to say iceland now fancy their chances. >> how can england sort this one out? >> well, yesterday as we saw straight after the end of the match, roy hodgson came out and he resigned. so they will now need to regroup. the postmortem begins. they'll need to look for a new manager. but big questi

what should the bank of england's response be? kate: the first thing that bank ensuring is of course we keep financial stability. liquidity flows through to the banks. we are in a much better position than we were during the financial crisis because of two reasons did one is that the banks themselves are in a much stronger position. bank of england is much more used to deploying credit tools. 2008, 2 thousand nine, lots of policy measures have been taken since then that are new. -- that were new. they're not new anymore. ithink they might stick to and not have an emergency meeting. meeting, the likely tolls in the monetary policy committee docs they reach for our quantitative reasoning. vonnie: they must be watching the pound a very carefully, dipping substantially. all the trade agreements will have to be review negotiated -- renegotiated. that will affect the pound. kate: that is obviously right. we have different moves in different directions. pound isthink of the being an easing of policy, you think it will help exporters. , p

francine lacqua is at the bank of england. the bank of england will take all necessary steps to ensure stability. on eyes are laser focused what the action response will be. francine: good morning to you. mark carney is at the front line of the first line of defense for britain in the case of the financial crisis. we know they are monitoring the situation. mark carney has been working on this scenario for 12 months. now it is just depending on how the textbooks play out. first of all, how quickly mark carney response depends on market action. i guess we will have to wait for a couple of hours. we had a statement five minutes ago from the bank of england saying it is monitoring and ready. what can they do now? as well as intense supervision to ensure there is liquidity and the banks have enough cash, they can always put additional funding operations and activate swap lines to help access overseas currencies. this, we understand, is the state of play thus far. there is some kind of bigger coordinated action. it depends on the cu

we have john milk, billionaire in england. runs home shopping network of england. he is firm believer in exit. help viewers with either path. do stay stocks and exit stocks. >> i'm in stay side. here is why. britain stays, see what goes on in financials, deutsche bank and barclays. i like goldman sachs. if there is stay, financial institutions, banks don't have to make material changes over next couple years. i think goldman obviously more of a centric u.s. play. still leading investment bank in the world. still will be best suited with a stay. on exit, same financial institutions have to deal with regulatory compliance. they have to get the house in order. going with accentures, mash and mcclennans, consulting firms that help financial institutions get on the right path, become more efficient. with accenture, recession in europe has been boom to them last couple years. watch what happens if britain does exit. accenture will be very, very business sorting out issues associated with the financial markets. liz: here is dow 18,000. we're holding 18,002. 18,003. jim fr

reporter: russian supporters appeared to rush at england supporters after the match on saturday. uefa has threatened to ban both teams from the tournament in the event of further violence. the alcohol ban is an attempt to mitigate -- minimize further trouble, but it has received next reviews -- mixed reviews. the u.k. government has offered to send extra british police for england's next match against wales on thursday. in marseille, 10 people have been charged and will go before a judge on monday. nationals, one austrian person, and three french people are in custody. for all 10 people, the principal crime was for violence and for using makeshift weapons. against polices forces and also against other football fans. russians up to 150 thought to be extremely well-trained and known hooligans in their home country escaped arrest after causing trouble. laura: staying in france, the country's braced for more strikes as unions prepare for a day of unrest tomorrow. reforms beingour discussed today in the senate. rail and air workers are still striking. reporter: trying to reinstate the

for the second time in less than a week, england is shakened by an exit from europe. this time coming on the somer pitch. iceland knocking the three lines 2-1 in the round of championships. it's the first time iceland has qualified for the euros. after the match game, resigned calling the loss not acceptable. eliminated at the group stage in 2014. so another exit for england from europe and another major resignation off the back of it. i can only say i'm pleased i was traveling out here to brussels and i didn't have to watch the match which was very disappoints. >> you can imagine how iceland fans were trolling england after that. >>> big tournament of tennis begins. we're talking about wimbledon. not even strawberries and cream. safe from brexit. at the world's oldest tennis tournament the prize money is shrinking by the day. it's paid out in pounds. last thursday that would equal $3 million, but then britain shocked the world by shoeting to leave europe and the pound lost 12% of its value in two days and that shaved $360,000 off the top prize. it could get worse if

iceland freeze england out. we'll have all the details on. >>> exiting europe twice in a matter of days, iceland stunned england with a 2-1 victory despite initially falling bi iid to an early penalty. replied with two goals to send england packing. england manager stepped down after the match. elsewhere italy produced a brilliance team performance. it could have been worse for the defending chachones if not for fine goal keeping. the match you see could not keep of giorgio. italy's win now sets up the mouth watering final clash with germany. right. here is a look at the full quarter final lineup. very strong teams. wales is in there as well. come on wales. >> the icelandic guys. some of them have other jobs. one guy is a baker during the day. and the goal keeper stepped out of football and came back. >> what a tremendous game they pl played. >>> gold hitting a two-year high. upgrading their forecast on this pressure metal. next guest saying silver may be the better metal play. from new york, andrew. good to hav

we have to mention the game is 1-1 between england and wales. felt that fellds to record lows, fueled by janet yellen's, said interest rates could remain at lower levels. here to break it all down is lisa abramowicz. lisa, just as you are probably getting ready to come on, we saw the 10 year yield in the u.s. plunge. since 2012, and the 30-year the lowest in 16 months, and it still looks like a pretty good place to be compared what we are seeing in switzerland in switzerland and japan. here we are looking at the 10-year yield. let's get this clear -- the 10-year note in germany is -.03%. in japan, it is negative .2%. you are basically losing .2% on .onday to japan for 10 years cox -- vonnie: let's listen to the swiss national bank president thomas jordan. it jordan: we said clearly is possible to lower rates. of course it is not possible to go anywhere, but we are at the moment possible to lower rates. how much lower -- vonnie: how much lower -- is there a limit? mark: i don't know. he does not know --lisa: i don't know. he does not know. the pa

last night we had some big storms rolling through areas of new england. that yankee game lastight ended about 3:00 a.m. in the morning because of a 3 1/2 hour rain delay. that rain has now exited and is even clear on long island. if you're still down around atlantic city to cape may, rain lingering here and even a couple downpours trying to move from maryland along the delaware border there. this cold front will spark additional storms later on today. in all about 7 million people at risk of severe storms. it's going to be scattered. not everyone is going to experience it. the storms will being strongest this afternoon through the reading, scranton, wilkes-barre areas, harrisburg. the area of greatest concern, the storms will make their way towards philadelphia and new york city, too. so there's still a chance of some hef injury raines for them. here's the timing of it. the storms begin to bubble up over central new york, central pennsylvania then they intensify the most as they approach the albany, schenectady, troy area and down through eastern pa. by t

no change in interest rates at the bank of england. to spellhe opportunity out the risks as they see them at the uk's central bank around the potential brexit. uncertainty around the brexit is already taking its toll on the economy. could mean aexit slower path for growth and a higher path for inflation. that would put them in a bind. mark carney puts himself at the eye of the political storm as he has to defend himself in this conversation. at the start of the week he was criticized by lead mps who suggested he had become too involved in the subject. he defended himself with a blistering letter to nmp this week saying he was not giving personal views. it was the view of the central bank. and it would be country to be central bank if they had not stated the concerns that they have and the risks that they see onund this issue of a brexit june 23. jonathan: i never get an invite to the dinner -- that will have a speech tonight's that will be about syntax and it won't be about rakes it. i wonder if he has said something to you. the warnin

the fans stormed the england area after a 1-1 draw saturday. they brought flares and fireworks into the stock a velodrome and -- the stade v elodrome. they have been handed a 150,000 euro fine. the 60 seconds, back with news. >> welcome back. french police say the man who murdered to lice officials near paris posted a video of the attack on line. president francois hollande saying there is no doubt there -- no doubt the attack was a terrorist attack. larossi abballa had pledged allegiance to the so-called islamic state. the leave campaign in britain's eu recommended -- eu referendum has been growing in polls. it has also been given a boost by the country's biggest selling newspaper. "the sun" today announced its support for the brexit. that creates fears for u.k. citizens who live outside the u.k. we spoke to residents in berlin about what brexit might mean for them. >> arthur taylor vince the image of an ideal european. born in england, he owns a business in germany and his partner is from finland. his british passport is a problem. if the bre

the federalist hold within the north and especially in new england. it would be the federalists during the war of 1812 would talk about confession whereas during the alien and sedition acts, it was jefferson and madison that helped draft the kentucky and virginia result in really helped introduce the word "nullification." you can see in anticipation of the civil war but by no means did this make the civil war inevitable. thank you. [applause] mr. o'shaughnessy: i am happy. >> if you have a question, wait for the microphone to come. >> thank you. thank you very much. other than your own books, whose books would you recommend on this theory? mr. o'shaughnessy: there is a good book by larson on the election of 1800. i am afraid to tell you that identifying the secondary literature is very satisfying. the best book, if you really want to go into debt with this and be serious is a volume of essays called "the election of 1800" which was produced during the election of 2000. it was actually held under a conference organized by monticello and the proceedings

theight see more qe from bank of england. mark: i will have to move it on. the time in london is 4:43 p.m. we are awaiting president obama. theill be talking about terror attack in orlando. he is expected to speak at 11:55 a.m. eastern time. we've got an exclusive interview with the former president though clinton. he will be live with david westin from the clinton foundation. do not miss those two big events. ♪ vonnie: live from the morningstar conference in chicago, i am vonnie quinn. europeans is the close. we are waiting president obama with his statement on the islamic state area we've got an exclusive interview with the former u.s. president bill clinton. he will be live with david westin any second now at the clinton global initiative. these are two big event you don't want to miss. we are just going to move away for a few moments. the ipo market has been picking up steam. alex is the ipo reporter for bloomberg news. she wrote about it today and she joins us from san francisco. is the ipo market showing some signs of life? alex: it is showing more s

and as the uk economy moves forward. >> kayla tausche is outside of the bank of england. mark carney's message basically being here and we stand ready do what we have to do in any event. >> and louisa he did emphasize the relative strength of the financial system here in the uk compared to previous financial crises. of course he said that the capital requirements are ten times higher. the banks have raised 130 billion pounds in additional capital and they have over 600 billion pounds in high quality assets on their books. but that hasn't been able to stanch the selloff in european bank shares. the banks themselves have come out with statements saying they are committed to serving their clients. they are working closely with governments and that all of this transition will take time to work out new trade agreements to figure out what their employment situation is here in the uk and across europe and that will not have immediate impact on the availability of funds to certain customers at branchs and like. they have been warning institutional clients that liquidity especiall

voting to pull out of the european union, very much england. northern ireland and scotland voted to stay. we already have sinn fein saying we want to stay in europe, we should unite with the republic of ireland and the leader of the scottish national party is saying scotland should have a new referendum and we should join europe. it is centrifugal forces in the united kingdom that may not be united much longer. >> i find it curious, the fact that scotland heldal referendum 18 months ago and it failed. it was a close vote but why do you think scotland will pursue independence in all likelihood opposed to staying with great britain when you said they argued to stay within the european union as a whole? >> well, i think they feel -- the scottish have always felt, sometimes rightly so, neglected by england. they feel the economy is dominated by england. everything is english. people use english and british interchangeably, not the scots they have a strong sense of national identity and the european union has been a framework that allowed people to

live the way you want, england. iceland is going to play france on sunday. france, iceland! you can go home! you can go out of europe! you can go wherever the hell you want!" ( cheers and applause ) then the victorious icelandic team celebrated with their trademark slow hand clap, joined, apparently, by the entire population of iceland. ( laughter ) and that's not too much of an exaggeration, because 10% of all of iceland's population is in frant right now for the tournament. iceland is so deserted right now, it looks like iceland. and after the shocking upset, the coach of the english team immediately resigned. just like british prime minister david cameron did after the brexit vote. so, apparently, in england, "keep calm and carry on" has become, "(bleep) this! i'm outta here!" ( cheers and applause ) oh, speaking of international incidents. the red cross is in big trouble right now for a safety poster that a lot of people are calling racist. here is the poster. it is put up for safety around pools. ses it labeled "cool" and "not cool." unfortunately, everyone labeled "coo

england is known for its low gun violence. florence: that is right. american gun laws have certainly been in the spotlight in the wake of the orlando shooting, and they are focusing on england now. by european standards, and glenn is something of a gun-free zone. when you -- england is something of a gun free zone theater when you compare that to the united states, it is quite low. there is a very low gun homicide rate, and that's why her death is particularly shocking in the u.k. several articles have been pointing out today that unfortunately, politicians face threats of violence, and there is a very interesting piece in "the guardian," quite in line with "the spectator," and it says this attack cannot be viewed in isolation. it occurred because the backdrop of -- there is an ugly public mood in which we have been told to despise the political class and distrust those who serve. she said contempt for politics is growing in many parts of the u.k. and many countries and general, and contempt of politics is dangerous and contagious. something close to

england, bad week for england. >>> warriors, harrison barnes, draw i month green and -- dre' month green and klay thompson, named for team usa. they got to meet some of their heros. [ kids excited ] [ screaming ] >> i can't believe it, man! >> i'm going to cry! >> we'll be right back. ,, our next newscast is tomorr morning at 4-30. >>> late show with stephen colbert is next. >> next newscast tomorrow morning, 4:30, dennis will have fishing lessons! seriously! captioning sponsored by cbs >> we've all heard the myth that if you drop a penny from a great height it will kill someone. not true. but what if you drop the british pound from a great height? (laughter) (crashing sounds) my bad! ♪ >> announcer: tonight! stephen welcomes kevin love! jenny slate!

there were already scuffles between england and russia fans. yesterday everyone on high alert deployed a lot of police officers, 4000 here. as well as a next her 1200 to make sure that everything goes smoothly. so far it has really been the case here. thank you very much for that update. with enthusiastic but smiling fans in the background there. now it is one for disney fans. the latest disney theme park is set to open in shanghai. part -- park -- over 100 factories nearby have been closed down to cut pollution. that is in a bid to cut down pollution in that area. as will hilderbrandt reports, while the air may be tired year, the local economy certainly is not. as they will's tallest castle was built in shanghai, not far away, 150 factories were forced to shut down. to the were raised ground. all to reduce pollution. all to reduce pollution. some workers are moving to neighboring provinces. many workers are unsure about their futures. definitely will be moving. some people have been working here full-time for more than 10 years. we are going t