a hesitation about joining the european union. the uk had a referendum two years after they joined in 1973. they had a referendum to confirm they wanted to be a member. i think the slightly semidetached nature, they were not part of the euro. there's always ban healthy strong body of opinion in the uk, which was frankly reluctant and reserved about membership, if not down right hostile. once you open the possibility of a vote, it was always going to be a close call as to what came out of it. i think, in the end, it was the sense of wishing to take back control as the leave campaign put it at the sense of some kind of, in my view, respectfully, a misplaced sense of lost sovereignty. i'm not going to go through the merit that is won the day. there were specific uk elements that are not easily replicated elsewhere. having said that, this is very important, there are also, you know, generic elements of the moment that you find elsewhere and by the way to a certain extent find in the united states in the sense this was also a sense of

parts of the world once we left the european union. we are preparing for formal negotiations. and the formal negotiations, to ensure the best possible trading deal with the european union. >> the prime minister, about the foreign secretary's remarks about leaving the customs union, mister speaker, the foreign secretary to come forward. and we are better informed if he did. earlier this week, mister speaker, a leaked memo said the government -- the government is considerably -- the government is considerably short of having a plan for brexit. the common strategy is purged in part because of the decisions in the cabinet. is this memo, as the prime minister's department written by ill-informed consultants. and put the government's plan and common strategy for brexit before parliament? >> yes, we do have a plan. our plan is to deliver the best deal in trading. our plan is to deliver control of movement from people from the european union into the united states. our plan is to go across the world and negotiate free trade agreements around t

the customs union, the trading relationship that we have with the european union and other parts of the world. we are preparing carefully for the negotiation. we are preparing carefully. we hope to ensure we have the best prospal trading deal with the european union. >> the foreign secretaries remark about leaving the customs union. he is a clue places down from her. come forward and tell us what he has to say. i am sure we would all be better informed if we did. theaked memo said shortment is considerably nohaving a plan for brexit strategy has emerged. if this memo is as the press department says, written by ill-informed consultants, could she put the government plan and common strategy for brexit before parliament? may: yes we do have a plan. our plan is to deliver the best possible deal. our plan is to deliver control of movement for people from the european union into the united kingdom. our plan is to go out there across the world and negotiate free-trade agreements. this government is absolutely united in its determination to on the will of the british people. decideinet cannot e

citizens living in the european union member states to begin teach as well. i had said previously that i -- to be guaranteed too. i had said previously that i would hope this is an issue on which we can discuss with our european colleagues at an early stage. [uproar] >> judith cummins. >> you mentioned the single greatest health crisis faced by this country. new figures reveal that dementia and alzheimer's disease are now andleading cause of death in bradford it takes four months from referral to diagnosis. will the prime minister pledged to help people with dementia and introduce a service to those diagnosed with alzheimer's? p.m. may: i know it is a personal concern for her, and it is an issue that affects those across constituencies. we have set ourselves an ambitious target of 4 million dementia friends by 2020. we are you have 1.6 million of them. we have doubled research spending on dementia. and we have invested in the development of a dementia research institute. but she raises the issue of end of life care, and we are determined to transformative lif

now as we leave the european union, i believe we can show the way forward again. first, for as long as we are members of the eu, we will continue to lead the way in pressing for an ambitious eu trade agenda just as we have done in supporting the very welcome recent eu/canada deal. second, as we leave the european union, we will also use the strength and size of our economy to lead the way in getting out into the world and doing new business with old allies and new partners alike. we will use the freedoms that come from negotiate with partners directly to be flexible, to set our own rules and forge new and dynamic trading agreements that work for the whole uk. that is also why in our negotiations on leaving the european union, we' not trying to replicate the deal that any other country has with the eu. and we're not going for an off-the-shelf solution. all of us here tonight know that there's not some choice between hard brexit and soft brexit. it's about how business and government works together to get the best deal, the right deal for britain and the right deal

were joined about it european union's ambassador to the u.s. recently for discussion on brexit impact on the european union. hosted by the georgetown university law center here in washington this is just over an hour.

as we leave the european union, maintaining the u.k.'s cutting edge and world leadership in scientific and technological discovery is of paramount importance to our industries and universities. i welcome the prime minister's announcement that each year, we built and that's further 2 billion in research and development. isn't this just the type of vital support our businesses and researchers need rather than the threat from the labour party, to credit?e r&d tax >> hear! pm may: my right honorable friend is absolutely right. the investment we will be putting into research and development is a crucial part of the long-term task we have of ensuring that we have the economy and the growth and prosperity in this country that we need. the new funds will be able to put us in the cutting edge of scientific discovery, which i saw for myself we are already doing this. able to see the really transformational work that is being done coming out of the knowledge base and scientific in the united kingdom. we want to see more of that and that is why we w

you talked about the fractious european union. do you have any faith in brussels or in a federalist union, or is it every nation for itself? lord darling: i think the european union will be remain. you cannot underestimate the determination of leaders throughout the european union to maintain the institution. i do think it needs to be nimble in responding to public opinion. it needs to respond the way the u.k. needs to respond to the post-brexit situation, and deal with it as grown-ups and try and benefit both sides. tom: help me with the nimble footedness of your scotland. what do you need to see in scotland in dealing with a new brexit and a new london? lord darling: public opinion has barely changed. we voted to stay in the united kingdom at that has not moved. scotland voted heavily to stay in the european union, but it did not vote to join the euro, which it would have to do if we went our own separate way. and their points of view -- we have a lot going for us. london will remain one of the major world financial centers. we

we still in the european union. it is important to be as little disruption as possible in this whole process. i think i am all in favor of talking. >> we could have a cliff edges scenario where after article 50 is triggered and we haven't made the trade pact we need. are you concerned about this? right the to get future of the relationship between the european union and the united kingdom. both parties are dependent on this. u.k., 44% of our exports go to the eu. the european union runs a substantial trade surplus, 60 billion pounds a year with the u.k. i think it is strongly in the interest of both countries for there to be no new trade barriers in place where there currently aren't any. are havingow you formal talks with india. what sort of talks are you having with china? we're at the moment building capacity in the department for the uk's future outside the european union. we are talking with a large number of countries outside the european union, the possibility for trade and reducing and removing barriers. wey

on the 23rd of june by constituents voted by a margin of 62% to 38% to lead the european union. many of those people, many of those people are unhappy and frustrated and what they see in delayed tax takes by some who don't seem to understand the meaning of the word democracy. >> it's very discourteous. the honorable gentleman has a legitimate question and that question and every other question should the fully and with politeness heard. the honorable gentleman. >> thank you mr. speaker. and i will repeat it. understanding the meaning of the word democracy which i would provide them is government by the people especially the rule of the majority. with that in mind what reassurance can my right honorable friend get my constituents in me that it will be treated by march of next year? >> i'm clear that we will ask that my honorable friend is absolutely right to make a key point a referendum, was decided by this parliament 6-1 that people should have the opportunity to vote on the european union. the vote was held in the turnout was high. the public gave their verdict or there must b

-- we leave the european union. speaker, people have launched financial appeals because of the increasing numbers of people that are homeless as a result of the pursuit of austerity. how can the prime minister sleep in her warm bed at night knowing the government policies have assigned people to a cold christmas. >> the government is taking action to address homelessness. one key thing we need to do is to ensure that we see more homes built. i say this to the honorable lady, she talks about austerity, in a sort of tone, austerity is about living within our means. we should always remember, we should always remember and we are talking about government providing support the taxpayers have to pay for that. many taxpayers are themselves struggling to get back. -- by. >> thank you. the prime minister will be aware that yesterday a task force launched a report commissioned following storms. this time it suffered from flooding. do she welcomed the report? does she envision the government committing to the outlines? >> can

than for the european union. >> is this the beginning of the end of the e.u.? >> there's no doubt, i have been warning about this many years the european union is in a state of disintegration. >> it is a monumental event in u.k. history breaking 40 years of integration into the e.u. project. >> this will not change fundamentally the special relationship between the united states and britain. >> it is a terrible outcome in all respects. it did not have to happen. francine: that was just the initial moment of europe's new reality. later in the program we will look at how the brexit story has played out since both economically and politically. in the year when uncertainty was the dominant theme we will retrace the roller coaster fortunes of oil market and look at volatility and instability in turkey. but coming up next, 2016 battered many european banks. our review continues. this is bloomberg. francine: officials confirmed having agreed to create a fund to support the banks and it is hoped to tackle 360 billion euro in bad debt italian banks are carrying. >> it i

we leave the european union. continuing to strengthen our economy and we will be happy to meet to discuss the results of the commission's support. >> and welcoming the member back to his place, ron campbell. >> here to tell you about the consultant. the rest of the framers to be super economic zones and i fear the knowledge of knowing that shifted by the last chancellor as we have the land on that river. >> prime minister can i join the speaker in welcoming the honorable gentlemen to his place back in his usual position and wish him the best and as part of our industrial -- looking around the country to make sure we can see whether our alternatives for economic growth and how we can encourage the opportunities to be taken up and what is important is i want to see economic growth and prosperity across the country so that we see an economy that works for everyone. >> thank you, mister speaker. this is an important part of the uk economy. and an important hub in this sector. in welcoming the billion pound investment

britain's plan to leave the european union has been thrown to turmoil. we will talk to director of training in think markets and chicago cubs fans get ready to swarm the windy city. >> i've been excited, got jitters, a long time coming. nicole: we will tell you about all the plans for the parade of champions. you're watching fbn:am, first look at morning markets and breaking news. joe coming up. whythen get worse?nks taste chalky? introducing protein shots from 5-hour energy. protein shots from 5-hour energy are smooth and tasty, and still deliver 21 grams of protein with 100 calories. they're great for workouts, no matter how you work out... whether you're going for reps... or laps... or distance. you gotta try it... period. protein shots from 5-hour energy. great taste. 100 calories. 21 grams of protein. lauren: good morning 5:45 in new york. donald trump and hillary clinton racing through battleground states in search of late votes. last night they held rallies in north carolina, the state's 15 electoral votes are still up for grabs and today both can

he's been making a case for staying in the european union. >> is the brexit risk premium exaggerated? >> it seems to be a serious risk. it is not a central case, but we have been arguing for many months now investors need to take notice. >> obviously this has really enhanced uncertainty, and it will have a big impact on the market. and mark carney already recognized that today and said they are going to make plans. >> the chancellor outlined the budget for great britain. he revised down the growth forecast and warned of economic risk of leaving the european union. >> it had a whiff of preelection budget because it is a prereferendum budget. mark: the central bank voted unanimously to keep rates unchanged and highlighted uncertainty around the so-called brexit. >> this is the first time that the bank as a whole has expressed an opinion about how this will affect the economy. >> markets are pricing in that we are staying in currency markets certainly. there could be extreme volatility if we vote to come out. >> i do believe we have a big i believe that people understand it's a decision

european union leaders are now starting to say, in the wake of donald trump selection, we absolutely must do more. and not just merkel but the finance administrator says we will go up to that 2% of our gdp on military expenditures. do you think german leadership can work in the security area? malte: that should be the criteria for german leadership, if you spend that percent for defense measures, that is not the defining moment for leadership. you are right, marco is by far is most experienced --merkel by far the most experienced freership in the liberal worlds. she knows every agreement by heart, she is very knowledgeable. she is the one that should take over the role. she is in the disk -- in the position to defend the free world. but there are a lot of limits, she cannot play this card quite a lot to read she should claim the values, the western values, the right of law, freedom of speech, freedom of religion. she made it clear after donald trump was elected to say we will work with you on the basis of this and this and she mentioned all the values she will defend. friedrich: i di

it was funded with millions in european union subsidies. that raises questions -- but on the day of its dedication, orban had other worries. viktor orban: i can't wait to ride on it. the railway is beautiful, but it is too short. that's what bothers me. reporter: criticism of the railway leaves orban cold. for example, from opposition politician akos hadhazy. he and some colleagues turned to the eu's anti-fraud office to protest the waste of eu subsidies. akos hadhazy: because the train departs near orban's house and goes more or less nowhere. and they lied on the application for eu support. they claimed two to three thousand people would use it daily. but in reality, there are very few passengers, as you can see for yourself. reporter: but those passengers see nothing wrong with how the railway was funded. imre orosz: the fact is, we needed the money from the e.u. but i don't know exactly how much. reporter: the european union provided two million euros. but the nostalgic train has not brought the regional tourism boom that the application

europeans, institutional of the european union never actually recognized the difference in motivation and status between great britain and the other members of the european union. they should've found a way to do it. and when churchill later on, 1947-1948, becomes an open advocate of the united states, europe and the wishes britain to join it but that's not enough. what he wants is for britain to lead. much more believable in characteristic. and let me share with you an instant that affected me quite a lot. allen talked about various hats i wear, which are about bilateral relations in europe, including being the president of the british-german association. chairman thetish last six years, and on the last occasion it was a farewell dinner at a very senior german politician, well known in germany, got up and he made a very aggressive speech. and it was partly directed to me and partly directed to the rest of the british contingent. he said, you brits have never been loyal to the idea of europe. you've always held back. you've been reluctant europeans. you've been disloyal to the idea of

what the european union is doing. and i see that nobody is criticizing the usa. the americans impose 265% in anti-dumping duties on certain chinese steel products. the equivalent trade defense measure in the european union is 20% and that is not the way to fight overproduction in china. overproduction in china is double the level of production in the european union and hence we should not allow our hands to continue to be tied. the americans defend their industry, defend their steel industry, and we should do the same. [ applause ] >> translator: that's not the view of everyone in council. the member states fall into two categories. 1312 is the usual dividing line, and i insist that we improve the quality of our trade defense instruments and the future of our industry, not just the steel industry, depends on that, and i'll continue to campaign for that. we need a qualified majority for that. now our relationship with our partners in the world would be easier if we made more of an effort to make europe's economy more c

than for the european union. the this the beginning of end of the e.u.? >> there's no doubt i have been many years t this the european union n a state of disintegration. is a monumental event in years story breaking 40 of integration into the e.u. project. > there won't change fundamentally the special relationship between the united states and britain. in t is a terrible outcome all respects. do we have to have it? >> that was just the initial moment of europe's new reality. the program we will look at how the brexit story has played out since both politically. and in the year when uncertainty was he dominant theme we will retrace the roller coaster look es of oil market and at volatility and instability in turkey. banks were battered. our review continues. is bloomberg. officials confirmed aving agreed to create a fund to support the banks and it is billion eurole 360 in bad debt italian banks are carrying. it will address the italian banking system and need to by to raise capital and level of reduce the nonperforming notes. >> italy said to consider in

over the succeeding decades, a political european union was built. and the essence of both the atlantic relationship and the special relationships were preserved. four decades later, the global context has changed. facing the issues of -- time in a new and even more complex form. ton the challenge was how maintain atlantic unity under approachingns of nuclear parity. that was from the soviet union and the soviet bloc. today, the threat is far reaching, ambiguous, new forms and posing of danger. new capabilities. of technology have emerged in multiple aspects. and artificial intelligence from which -- the strategy does not yet exist. forms ofaccompanied by international conduct unimagined a generation ago. within theaval continents from multitudinous cultures -- and they are not always in alignment. globalt significant questions then become, what c anes of the world order -- c restore stability or even establish criterion by which to fashion a common design? should the atlantic alliance as global? what is the relationship of the european union to the

and then the european union. in9 and then to leave the european union. to insure there are no extra barriers and then to threaten the special relationship. >> em before that common area existed. with the republic of ireland and then shoot insurer to w recognize the importanceose mov with both sides of the order. >> day. >> you akkad the fabulous meeting with the federalist society that has been helpful to the president elect of possible supreme court justices and has committed to choosing his supreme court justices in this committed to choosing for them with the immediate exit polls that the supreme court was one of the most important issues among them 60 percent said they were voting for mr. traub. >> president trump wanted to talk about the direction he has to make a and the coming months i was heartened by the focus is putting on this. so it was a very productive and session. >> can to evaluate those people very carefully upon the assumption of the office. >> key did not discuss the timing specifically that is a high prairie to not saving about a spec

union -- brussels, the seat of the european union. discussionve a long about how democratically the european union is. it is removed. if you live in yorkshire, if you live in the north of england, it seems it is a long way away and is difficult to understand. i think that there is something to say about the distance. i am not sure that it actually enhances the role of therecrats, and i think are medium-size countries in this world, and the u.s. is , allntly about global gdp the countries are about the same. together, we are 45% of world trade. that is not going to stay that way. as the asian economies grow, in particular, china, we're going to be less and less percentage of global gdp and trade, so we should be thinking together about how we maintain the system that has benefited us, rather than having chinese dictate the in trading system will run east asia, for example, that might be bigger. host: from vermont, good morning. caller: good morning. thank you. i appreciate for giving me a chance. [indiscernible] you are the best channe

boris johnson says his country will leave the european union, despite a ruling saying the government must obtain parliamentary approval. a special report from the town where a far right terror cell spring up in eastern germany 10 years after a murder spree. a group called itself the national socialist underground. we look at what is been done to prevent such violence from happening again. thanks for joining us. it has been a turbulent day in turkey, a bomb blast killed nine people and hours before that, the authorities arrested a pro-kurdish lawmakers. the authorities claim those detained who belong to the opposition party have links to a terrorist group. the hgp denies that. countries have condemned the arrests. >> police moved on those protesting the arrests of the pro-kurdish party. pepper spray filled the air. one of the arrest rates at the home of the cochair. the accusation against her, terror propaganda. you don't have the right to be in my home, she says, before she is taken away. police also rated their headquarters. it is the third largest party in parliament, but the leade

has voted the european union. kandi prime minister assure us there will be no extra barriers to threaten trade, tourism and threaten our special relationship? p.m. may: the honorable gentleman refers to the free movement arrangement in place since 1973, but the common travel area was started 50 years earlier in 1923. it is for some considerable time , before we were in the union, that that common travel area was used. but i will repeat what i said before when asked about this issue, we are working with the andblic of ireland, northern ireland, we are very clear we don't want to see a return to the borders of the past. we want to ensure we recognize the importance of those movements of trade and people, to both sides of the border. [inaudible conversations] speaker bercow: order. >> this weekend, c-span cities tour, along with the comcast cable partners, explores the lives and literary history of pittsburgh. hear about industrialist andrew carnegie on how his innovative spirit transformed pittsburgh into the steel

will continue to do when we leave the european union, including through international groupings such as this. >> obama will not be attending those, and there was a warm goodbye from the german chancellor. obama leaves merkel with plenty to deal with -- a new tenor and transatlantic relations, a fracturing european onion, and the challenges facing her own political career. >> ok, let's bring in our political correspondent on this. he has been covering the president visit to berlin or us. i guess the main question is -- did obama managed to reassure us that his successor will remain committed to the transatlantic alliance? >> in this case, i'm afraid we know as little less the european leaders. right now, the problem is that barack obama more or less is the only source of europe has to know what is going on inside donald trump. over the last two and a half days, it became quite obvious that donald trump and angela merkel used these meetings done only for reassurance of also to give a message across the atlantic to donald trump to show the real allies of the united states are here in eu

unfortunates very that in a way the europeans, the constitutional -- the continental european union never recognized the difference in motivation and status between great britain and the other members of the european union. they should have found a way to do it. 1947,hurchill later on, 1948 becomes an advocate of the united states of europe and wants britain to join it -- that is not enough. it is much more believable and characteristic. let me share with you an incident that affected me quite a lot. --n talked about various which are about bilateral relations in europe. i was chairman for six years. on the last occasion there was a farewell dinner. politicianor german who is now well known in germany got up and he made a very aggressive speech. it was partly directed at me and partly directed at the rest of the british contingent. he said you brits have never been loyal to the idea of europe. you have always held back. you have been reluctant europeans. you have been disloyal to the idea of europe. i was really angry about this. i got up and i said i want you to understand one thing very

the parliament does represent the people of the european union. if there is any indication of what the leaders will decide, it is probably what was said by the foreign-policy chief of the european union on tuesday. she said that she thought it would be necessary or important to keep those membership talks going, because they provide a very, very important channel for communication with turkey, even if other things break down. christopher: we are heading towards a conflict between the european parliament and the leaders of the individual european nation's? reporter: not necessarily. the majority here at the eu parliament was rather careful in voicing their opinion, especially the conservatives but also the social democrats. those factors together. they are trying to freeze the negotiations, the a session negotiations with turkey. they do not want to a set -- they do not want to suspend them . if you freeze them, you can revive them at any time in turkey corrects its behavior and policies. christopher: reuters new adjacency -- reuters news agency is

to remain in the european union. one of the arguments made for leaving the european union was a bonfire of regulation, a lowering of environment will standards, and safeguards for workers rights, maternity rights, and an action on climate change. that was combined with a very extreme right wing popular nationalism that was rooted in xenophobia and racism and anti-immigration feeling. similar to what we heard within the united states. i think for many british people, they saw mary -- any parallels between the two. nigel farage meeting donald trump seems to be a parallel of boat people speaking of a vision of the world which is really about insular vision, about excluding people, and which is in about the kind of positive vision of people coming together to tackle the global problems. it is very worrying. not only are we seeing that with donald and nigel farage, now we're seeing some members of donald trump's entourage saying they should also be meeting with marie la pen, the fascist all normalizing a very racist and d

the country voted to leave the european union and a referendum approved by act of parliament. the government is determined to respect the results. rose on news of the decision but many investors expecting parliamentary action would soften government policies in order to avoid the so-called hard brexit in which the u.k. could lose access to the european single market. britain's supreme court is scheduled to hear the government appealed in early december. now five daysre away from voting day and the u.s. presidential race. the latest poll suggests that hillary clinton has a national three-point lead over donald trump. the candidates have moved from florida to north carolina, two states that could make a difference, while president obama has been making the case for his former secretary of state. the campaign is on trail for the first time that she is speaking in pennsylvania about an hour ago. this country and he knows how to get things done. not just talk. he certainly knows how to shake things up, doesn't he? he knows how to make real change. make america great again is not ju

can leave the european union. it will appeal the decision before the supreme court. south africa's opposition is calling for a no-confidence vote against the president following the publication of an anticorruption report. million civilians trapped inside mosul remain in grave danger according to the norwegian refugee council. welcome to live from paris here on france 24. coming up in the next hour, a warning from m facebook's finane chief networks 10 billion dollars off the social networks value. will be the show we exploring france's obsession with the baguette. vowing to appeal. the british government says it is disappointed by a high court's decision that stipulates the u.k. can trigger an exit from the european union unless lawmakers give the green light. theresa may had previously announced breaks it proceedings would begin -- brexit proceedings would begin late march 2017. this is a momentous unprecedented decision. going to be unprecedented. it shows how conflict -- complicated this process is. we know the british government having lost this case is now going

parts of the world once we left the european union. we are preparing for formal negotiations. and the formal negotiations, to ensure the best possible trading deal with the european union. >> the prime minister, about the foreign secretary's remarks about leaving the customs union, mister speaker, the foreign secretary to come forward. and we are better informed if he did. earlier this week, mister speaker, a leaked memo said the government -- the government is considerably -- the government is considerably short of having a plan for brexit. the common strategy is purged in part because of the decisions in the cabinet. is this memo, as the prime minister's department written by ill-informed consultants. and put the government's plan and common strategy for brexit before parliament? >> yes, we do have a plan. our plan is to deliver the best deal in trading. our plan is to deliver control of movement from people from the european union into the united states. our plan is to go across the world and negotiate free trade agreements around t

european leaders are at odds about how it donald trump presidency will affect the european union. and, how to deal with a climate change denying u.s. president. despite reassurances from john kerry, delegates at the u.n. conference in marrakesh are worried a trump administration could pull the u.s. out of the paris climate deal. ♪ >> it is good to have you with us. barack obama has touched down in berlin on the final leg of his last european tour before leaving office. he stepped off of air force one before heading into central berlin for dinner this evening with the german chancellor, angela merkel. he will hold one-to-one talks with her tomorrow. everyone knows obama has strong ties to the german chancellor and he has called her "probably his closest international partner. he will meet other european union leaders this coming friday. in a major speech earlier in the day in greece on the first leg of his trip, president obama emphasized the importance of a free press and independent judiciary. he made a passionate kiss for democratic ideals. the country where it all began. -- p

would it be to the european union's advantage to classify nato under the european union and thereby, you know, those nations would of course, join the european union and therefore, when sharing comes into play, that would mean the european union as a whole could pony up their fair share would be, as opposed to the united states equally, and leave it to the european union to figure out and sort out what those countries are, how much they could pony up, how much they could put in, based on their ability. i understand that not all countries can put the same amount up. i think trying to say that every country will be able to put up the same amount of their gdp is going to be very difficult, especially in hard times. realize that i am oversimplifying this, but i think you understand where i'm going. also, with declaring -- here is my second question and i am probably going to get this wrong. whenever a country in nato has been attacked, let's say for example, when the terrorists attacked france, could they not -- i mean, why would there not be a reason for them to declare title v under na

britain, which is slated to leave the european union boycotted the talks entirely. , the brexit plans, however, appear to be in disarray. a leaked memo said prime minster theresa may's cabinet is divided on how to exit the european union and that there was so much work required to leave the eu, the government might have to hire as many as 30,000 additional people. meanwhile, donald trump and russian president vladimir putin spoke on the telephone monday, agreeing to work to improve relations between the two countries. protests against president-elect donald trump continue across the united states. on monday, thousands of high school students walked out of classes in seattle, los angeles, silver spring, maryland, and the san francisco area as well as portland, oregon. students chanted "not my president" and "no trump, no k-k-k, no fafascist usa" as they poured out of highgh schooools m coast to coast. students and young people also staged a sit-in monday at t new york senator chuck schumer's office on capitol hill, demanding schumer step aside from becoming senate minority leader and i

is part of the european union and we should take the problems one after the other. vonnie: you will be at the negotiating room. what lines are you setting in these negotiations? with the u.k.? >> we will be in that room and ben it starts, it will triggered in a couple of months. in the first quarter of next year. difficult to know, where exactly in the united kingdom they want to go. we, as europeans, must make sure that we have a common mandate to negotiate with the united kingdom. mark: that is the luxembourg finance minister. battle of the charts next with the election out of the way. europe's focus turns to a series . whereot a charge tracking the next populist breakthrough might be. this is bloomberg. vonnie: it is time now for our global battle of the charts. we are taking a look at some of the most telling charts of the day. you can run the function featured at the bottom of your screen. kicking these off is bloomberg stoxx reporter, dani burger. >> i have been looking at one group of investors that does not like the rally, that is the bears. they have the mo

i mean the british have decided to leave the european union so they will most likely leave the european union. >> reporter: do you think europe will make it difficult? >> not the intention of making it difficult. there's not an idea of punishing the british because it will be self-punishment. what happens it will be very difficult to have a common decision by the 27. first of all it's very important to know what the position of the united kingdom is because so far they have not yet defined it. but also the 27 they need to have a common position and very often europe and i know that by experience when you have to try to put everybody together, what happens is the lowest common denominator not the highest common denominator. i anticipate very difficult -- sometimes extremely complex negotiations, yes, because the relationship is a very difficult one because britain is very important for the rest of europe. it's natural when you see conditions are difficult. >> reporter: i also asked jose about the rise of populist parties across europe and he weighed in on that. he told me he's worried ab

turkey's european union ministers said this about breaches basic european values and that turkey will ignore it. consider this decision knowledge void. -- null and void. we can't take it seriously because of its vision. the european parliament is known for democratic principles and pluralism, as in all e.u. institutions. unfortunately, the democratic perspective disappears when the subject is turkey. non-binding vote is some officials say long-term talks over turkey's membership waiting-- may well continue. ankara has sought to join for 11 years. it was seen as an important step to aid the country's elite economy but some fear that blocking turkey ammay anger ankara into closer ties with russia and possibly going through with the threat ever languishing its nato membership. -- of relinquishing its nato membership. >> people in ukraine was soon be able to travel to e.u. member states without visas. they made the announcement after meeting with the ukrainian president today in brussels. in return, they e.u. wants kiev to crack down on corruption. he hopes the united states continued to

businesses have delayed or canceled moves to leave the european union. this is according to a study according to economics and business research. executives have been reluctant to follow through on spending plans and there is a lack of clarity over the future relationship with the european union. be good for the london housing market. victory couldtion bring a return of international investors. pound is of the helping to fuel demand. according to people familiar with this matter, it could rally a million dollars, depending on the structure of the agreement. shrinking to about 1/10 of its size, after it returned after the bankruptcy. they are either stranded or seized. that is your bloomberg business flash. >> thank you very much. i have decided to give in to a little bit of this with the opec production and what they have to do to get into this market. relentlessve is to global supply and the market is trading down and iran keeps pumping, adding barrels to the system. the fracking is back and there is more than may. a beautiful peace talks about the pote

to increaseping treatment to china while it prepares to leave the european union. met today and the british government outlined investment. for the chinese in northern england. lost the minister anticorruption operation. cracking down. newill start circulating ones. dayal news 24 hours a powered by more than 2600 journalists and analysts in one 120 countries. this is bloomberg. mark: the german engineering giant is making some changes in planning to spin off the $16 billion health care to focus on energy, and other areas. earlier today, the chief executive discussed the plan to london.s >> the announcement that we will take a public health care sector, it is a very timely photo up of what we are scheduled to do in 2020. if you look at the strategy of the company, by 2020, we said one of the care is most attractive businesses if not the most. more successful than it has been already, we want to focus it -- newd make it clear ways of diagnostics and treatment. been in the company as a very sexist company, if you look at the numbers, outperforming the market and compe

writer than the europeanunion -- rather then the european union? the u.k. is not a major partner for the united states in economic terms. what can they offer us to make a significant difference to where we are? scarlet: guy: the politics is very important because he made a lot of brexit. he used the word, the rise in use of the word brexit. he sees it as being the precursor to what he has achieved in the united states. vince: indeed, populism has been a common element in the u.k., the u.s., and other western countries. to the big jump nitty-gritty of what you do with standards and trade negotiations. all of the problems we have had in europe, for example, in negotiating for many years, a trade agreement with canada. it illustrates some of the difficulties when you get into the nitty-gritty. vince, it is one thing to talk about regulations with the car industry. have the mexican disease in the u k everyone was promised would the brexit.n after for example, the fisheries in cornwall and other coastal areas , do you think we will see those regulations listed a

though the uk's path to leavingg the european union remains unclear. reporter: trade deals worth one billion pounds. u.k. prime minister theresa may is in india seeking to boost trade and investment despite anyg unable to sign bilateral trade deal before the brexit decision finalizes, the british government is moving ahead with plans to develop trade hides -- trade ties outside the eu. want to be great exporting nations. so we shouldld work together for the long haul to break down the barriers in trade investment. >> the british might -- british prime mister has her work cut out for her in a country that has been negotiating a free trade agreement with the eu for the better part of a decade. one of the biggest sticking point between the two leaders is visa restriction. india prime minister is particularly unhappy over restrictions on students wanting to stay in britain after finishing their education. it has led to a 50% drop in enrollment by indian students. >> we must -- greater moped -- greater mobility and participation of young people in education