sojohn financial times with deals or coalitions. so john mcdonald, financial times with deals or coalitions. sojohn mcdonald, the shadow chancellor is given an interview to the financial times. we will implement our manifesto, no deal, no coalitions. in that basically means the challenges there for everybody to bring down a minority labour government. it will be very interesting to see. if there was to be and we can speculate for another six days, whether or not there may be or essay that some people a reckoning but we will see, if there was to be a labour minority government, with their actually be i'io government, with their actually be no deal? with a actually front of and try not to do some sort of a deal with whoever? the lib dems, if they were to have enough mps to make a difference, would they say well, we will support you with a different leader? what do you think? from the head of the civil service, he had been advising mcdonald, saying the last week before, losing track now. that whether or not the question of leadership w

the financial times carries a front page picture of what it says was a tense exchange between president trump and his french counterpart at the nato summit. it's all to do with new european tech levies that mr trump claimed unfairly discriminated against us companies such as google, apple and facebook. and singapore's straits times has that study into educational standards across the world, with the city state's students ranking second behind china in mathematics, science and reading. with me is mark davies, ceo strategy consultancy, camberton. the guardian looking at corbyn upping the pressure over the nhs, what do you make of this headline? it is on quite a few front pages. is the nhs about to be snapped up by the nhs about to be snapped up by the evil entrepreneurs in the united states ? the evil entrepreneurs in the united states? i think the answer to that question is almost certainly no, and it isa question is almost certainly no, and it is a very good line that corbyn has been running very successfully throughout the course of his campaign. is the proper evidence to show that it

he's saying the "financial times" if you just read the "financial times" you'll understand why the 17 u.s. intel agencies and the intel briefers that went to the senate are wrong, that ukraine meddled in the 2016 election. maybe since you write for the "financial times" you can clarify for us. >> well, first of all, you know, going to oxford is no defense i should remind you both, jonathan went to oxford. but i've been racking my brains of my colleagues as to which "financial times" reporting senator kennedy is referring to in support of this, you know, really fanciful contention that ukraine meddled in the 2016 elections, and i can't find it. i don't know whether he did the same with the "washington examiner" and the economist and so forth, but it seems like he just plopped those newspaper names out of thin air. >> so you and the -- you and editors of the "financial times" can find no article that suggests that russia and ukraine meddled in the 2016 election? >> we can find plenty that show russia intervened in the 2016 election but not that ukraine did. you know, we've done a lot of

financial times, the and stokes, i know you are a cricket fan. financialtimes, the un and stokes, i know you are a cricket fan. financial times, the un climate stalemate is the headline, frustration and all sides? frustration, but also the wrong model. it was great when it was 2500, 5000 people rock up to madrid, absolutely desperate to do something about climate change, which is really important. foot soldiers are important but you want the film marshal and major general there. u nless marshal and major general there. unless you have the united states of

the express calls its readers to back boris the financial times the mirror gives a number of reasons to vote labour. the express calls its readers to back boris the financial times promises that tomorrow's election will be a nail bighter. with polls casting doubts on tory hopes of a conservative majority. 0nly only one story in town. not a surprise. 0nly only one story in town. not a surprise. only a couple of hours now, just over an hour now until midnightand now, just over an hour now until midnight and the next day for the polls open at seven in the morning. here it is, merry christmas. and it is interesting that they say that this is the most important election ina this is the most important election in a generation. is that your view? very much so. i read an article over the weekend were there talking about key elections over the past 20 years and by 1945, 1979 where margaret thatcher came in and 2019. i do not remember 1906 and i do not remember 1945 but i remember 1979 there was a game changer. and i think this one will change the country whether it will change the country whe

the financial times carry‘s a front page picture of what it says was a tense exchange between president trump and his french counterpart at the nato summit. it's all to do with new european tech levies that mr trump claimed unfairly discriminated against us companies such as google, apple and facebook. the paper says britain's boris johnson has risked escalating a similar trade war by vowing to push ahead with a similar digital sales tax. the japan times which quotes a report from chinese state media that beijing will soon publish a list of so—called "unreliable entities" that could lead to sanctions against us companies, as their disputes intensify over human rights in hong kong and xinjiang. the financial times carries a front page picture of what it says was a tense exchange between president trump and his french counterpart at the nato summit. it's all to do with new european tech levies that mr trump claimed unfairly discriminated against us companies such as google, apple and facebook. and singapore's straits times has that study into educational standards across the world, with

financial times, the and stokes, i know you are a cricket fan. financialtimes, the un and stokes, i know you are a cricket fan. financial times, the un climate stalemate is the headline, frustration and all sides? frustration, but also the wrong model. it was great when it was 2500, 5000 people rock up to madrid, absolutely desperate to do something about climate change, which is really important. foot soldiers are important but you want the film marshal and major general there. u nless marshal and major general there. unless you have the united states of america, china and india in the front row, you're wasting your time. -- field front row, you're wasting your time. —— field marshal. these other guys who are transgressing, and these other guys who feel they will deal with the matter when they are good and ready. don't have time. i don't wa nt to and ready. don't have time. i don't want to throw a bucket of cold water on this meeting in madrid, but to be honest with you, it is a complete waste of time. people loved hearing greta thunberg...

let's start with the financial times and saudi aramco. $25 billion raised. not bad. but it's not as much as they were hoping for. they were looking

that's according to the financial times. he spent three decades at the central bank before running the financial conduct authority. the u.k. is expected to officially announce the next boe governor today. staying in the u k, prime minister boris johnson's brexit deal faces its first vote in parliament. johnson has a majority, but it's largely a formality. the legislation will pass through the remaining parliamentary saps integrate. he has vowed to take the u.k. out of the eu on jittery 31st. the federal reserve is reviewing its forecast fees for possible weaknesses. that's according to the financial times. it comes after the bank of england asked regulators to investigate the misuse of its audio. it potentially gave certain traders an unfair advantage. in spain, coalition talks are on hold after the eu's top court ruled a catalan separatist leader was immune from prosecution and should be freed from jail. the prime minister has been trying to persuade the catalan party to support him in government. this latest development co

lots of things to think about and onto the financial times and on the lower left hand side, rising star talking about the superministry is, what is this about? the idea that boris johnson, when we have brexit over with and we are going to leave onjanuary 31, there is no doubt. what boris johnson will do is start slimming down the cabinet and start creating superministry is. and the treasury secretary is being tipped as a cabinet minister to head up one of them. the one the ft as talking about is an amalgamation of the business department and international trade, it was formed when brexit first started with the brexit department and that will be abolished. international development will probably go in with the foreign office, there is talk about stripping the ministry ofjustice and a lot of its different responsibilities, prisons going over into the home office, say. will this bea into the home office, say. will this be a slimmed down government orjust a different way of doing it? and whether the superministry is, how they can cope with brexit because they can cope with brexit because th

it's been well documented in the financial times, politico, the washington examiner, even on cbs that the prime minister of ukraine, the interior minister, the ukrainian ambassador to the united states, the head of the ukrainian anti-corruption league all meddled in the election on social media and otherwise. they worked with the dnc operative. in fact can i make one more point, chuck? >> sure. >> in fact, in december of 2018 a ukrainian court ruled that ukrainian officials had violated ukrainian hlaw by meddling in or election. that was reported in the "new york times." dr. hill is exciteled to h e ed entitled to her opinion. >> when does opinion become fact? does 17 intelligence services saying it, does every western ally saying russia did this. i'm sort of confused. at no point is it no longer an opinion for you? >> i don't think it's an opinion. i think it was a fact. but the fact that russia was so aggressive does no exclude the fact that president poroshenko actively worked for secretary clinton. >> my goodness. wait a minute. senator kennedy you now have the president of ukrain

this is a report in the financial times. financial times is citing a number of documents. the report says wework may continue to experience a "significant amount of senior management turnover." we are talking about some ifious golden parachutes they were to leave. matt: i guess that is what happens when you sign on as co-ceos, you want to get the golden parachutes. annmarie hordern covering that story. coming up, turning bullish on the euro. we will get your morning call on a new wave of optimism on what has been a truly sleepy bear. that is next. this is bloomberg. ♪ welcome back to "bloomberg markets." 10 minutes to go until the open of equity cash trading across europe. remember, a relatively light session today. let's get the bloomberg first word news from laura wright in london. 's economy setng to contract and the fourth quarter after six months of violent unrest. the secretary said that given the current situation, it is inevitable that lower growth will continue. on u.s. launched airstrikes five bases used by iran-backed militants. the moves coming after repeated

financial times. thank you. financial times. secretary general, you have spoken about arms control several times and they need to get china involved in arms control agreements. can you give usa arms control agreements. can you give us a bit more detail on exactly what the ideas are that you have discussed about how china might participate in international arms control? and also what about the wider challenges that china presents, what are the security challenges that you are particularly worried about on china and what was discussed at a? thank you. nato has traditionally been focused on the solid union and then later on russia. this is the first time nato leaders have a discussion and address together based on our analysis, our assessment, a discussion about both the opportunities of the china, but also the challenges. the idea that now, the challenges. the idea that now, the 29 allies address this issue together as an important step in the right direction. secondly, this is not a one—dimensional issue. china provides great e

commentator for the financial times and sandra levy c.e.o. of beyond global in new york thank you all so much for being with me today before we get to the bottom line let's go back to new york there is the u.s. national debt clock that we saw at the beginning of the show notice any difference it's not precise but more than $70000000.00 in debt was added in half an hour and for now none of that makes a difference according to our experts so what does matter government debt that cripples new investment trade wars that slow growth inequality were just a few dozen 1000000000 billionaires hold more wealth than 3 and a half 1000000000 people and tech companies that today are more powerful than governments fear is replacing trust in the world and that may cause future earthquakes shaking up the global economy creating a less mighty dollar and changing america's place in the world and that's the bottom line. i mean green bacteria in a broad street and super heated gas escaping from. this is really the. innovation in the for what happened to experimen

bailey will be the bank of england's next governor, according to the financial times. he spent three decades at the central bank before running the financial conduct authority. the u.k. is expected to officially announce the next a boe government today. leaders of the house and senate in the u.s. are in a standoff over the impeachment process. speaker nancy pelosi is holding off sending the articles of impeachment to the senate. that is after mitch mcconnell indicated he wanted a speedy trial that would include arguments from the two sides but no witnesses are called. in india, thousands are defying a ban on protests. it has been criticized for discriminating against muslims. two protesters have died and more than 1000 people have been detained. curfews have been imposed in parts of the capital and in states --st populist populace states. global news 24 hours a day, on-air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. anna? anna: thanks very much. heading into the new year, morgan stanle

the financial times citing these documents. why it is so important is wework may continue to experience turnover. lot could be paying out a with these golden parachutes. nejra: paul is still with us. when we look at wework, this story aside, we are talking about a company that lost $40 billion in value before its ipo. that along with some other stories has led people to call 2019 not the year of the unicorn but the year of the don't key. -- donkey. is 20/20 going to be a similar year because we have other high-profile companies excited to go public? continue tok if we disappointingly, that will be a concern. see them become a bigger part of investment term considerations, that will be an issue. about these golden parachutes which have been mentioned this morning. .hat is bad esg investors will not want to participate. i think you will have to see more going forward. been: when investors have assessing ipos and the business prospect, there has been too much pork us -- focus on how much they perform in the u.s. market and not eno

according been named, to the financial times. the actual announcement will thereut tomorrow, we know is a little bit of criticism because maybe he has not done that great of a job and perhaps the bank overlooked the possibility of promoting a woman to the central bank roll. people: there are some who thought this might be a good pick because it does provide some continuity. do you want to have a really stark pick when you have this transition with brexit? joe: it feels like a safer transition pick, but i would be lying if i said i had some strong views. scarlet: friction is possible. we will be hearing from him in the years to come. coming up, goldman sachs negotiations, the latest on talks with federal authorities to agree on a settlement for the 1mdb scandal. we will discuss it ahead. this is bloomberg. ♪ romaine: goldman sachs is negotiating a settlement of the 1mdb scandal that would include an admission of guilt by one of subsidiaries and a fine of $2 million. for more, let's bring in shery ahn with more detail. $2 billion

the financial times says china has ordered all its government on . offices and public institutions to remove foreign computer equipment and software within 3 years it is the 1st time beijing has given buyers if you could start since to switch to domestic tech companies it comes in the midst of the trump administration's global campaign to curb the use of huawei technology outside of china the move is likely to have a big impact on u.s. tech companies such as microsoft h.p. and dell now let's get more in the story with our wall street correspondent in new york u.s. tech companies generate as much as $150000000000.00 and annual revenues from china how have they been reacting to these rumors well if you look at the stock prices the reaction has been muted and we still have a couple of open questions so you mentioned this number under 50000000000 dollars but a big chunk of that actually comes from private corporations or partly stays home and corporations are the big question is how those are effected and then also what will happen to component china so

national editor for financial times and author of the retreat of western liberalism. please join me in welcoming tiger and edward. [applause] thank you, thank you very much. thank you very much for that introduction. it's a delight to be here. i've met tyler a million times iand we've been friends for many years. we don't always agree with each other, but i think that i can confidently say that he's not just an example of disagreeing without being disagreeable but disagreeing without being disagreeable and being far more knowledgeable at the end of it bad when you began, and that is invariably the case. we do agree on some things, but what we get into productivity a little bit in the talk but let me just quickly emphasize tyler's productivity, but we just count we have had the greatest technician, wonderful short book that came out in 2011. we've had average is overcoming for good food and economies, we had your commonplace and and now this. averaging about one a year is that right? >> one every three years. it speeds up house we get older. [laughter] but t anyway, th

also joining us for the discussion is richer, the financial time west coast editor. he is based in san francisco and he leads a team of writers focused on technology in silicon valley. he writes about the tech industry and the uses of technology. current areas of interest include artificial intelligence and the growing power of the tech platforms. the previous position of the financial times include various finances in london, the new york bureau chief and telecom editor based in new york. professor russell and mr. waters were in their recent and expected a.i. implication. including the expectation the a.i. capability will eventually exceed those across the range of decision-making scenarios. we will hear about steps to ensure this is not just the future of science fiction but a new world that will benefit us all. we will hear from them for a half an hour and open it up for questions from the audience. after that we will break for a reception and we will have food and water and drinks available in the book human compatible will be available for purchase in professor

times reports it could say up to 100000000 euros annually c.e.o. christiane saving is expected to announce details of the streamlining to investors later on tuesday it's part of a wider plan by torture to downsize significantly and reduce its dependence on its struggling investment banking operations. well on this let's bring in our financial correspondent chelsea delaney who's in franc $100000000.00 euros a year how is this going to save that. i think we're going to be definitely seeing more details on where that could come from later on in the day but this this retail bank has been seen as a low hanging fruit for deutsche bank as it. goes through with this restructuring because it really is a really obsolete structure it's been around for about 20 years they initially created this separate legal entity when they had planned to spend their retail bank off they didn't end up doing that but because of that decision they basically have an entirely different structure for the retail bank which also includes other. they have their own accounting proced

and financial markets are mixed in asia as investors pause with global stocks hovering around all time highs there is little reason to buy. lightsabers at the ready! star wars: the rise of skywalker is out in cinemas in the uk later today with the european premiere held here in london. experts are talking about a cinema revival, while the uk industry is banking on the final star wars instalment setting a record for ticket sales in 2019. there's been much talk of streaming services, like netflix with its 160m army of global subscribers, killing off the traditional big screen. streaming on our devices at home is on the rise — global home entertainment spending jumped 16% in 2018 to $55.7 billion, according to trade organisation mpaa. but cinemas have spruced up, offering high—tech, immersive and niche experiences and upgrading booking systems to entice us out of our homes. last year was a blockbuster — in the uk alone admissions hit 177 million — even without luke skywalker and chewbacca in the frame. will 2019 be peak cinema? a record nine films are tipped to have made more $1bn

finally, with the brexit bill back in town on friday, the financial times reports on eu doubts on the uk‘s deadline to ‘get brexit done‘. the european commission president ursula von der leyen has warned that borisjohnson‘s ambition to "get brexit done" by the end of 2020 could leave negotiators with "very little time" to achieve a trade deal. so so let‘s see what our reviewers have to say. let‘s start with the daily mail. anna, do you want to kick us off? boris‘s high street boost. we‘ve been hearing for years now the changes to business rates have been one of the reasons why high street shopkeepers have been struggling to stay afloat, these taxes are done in what people think is an arbitrary way, in terms of how they are allocated, not just on way, in terms of how they are allocated, notjust on the size of business but the nature of the property in which business occurs and that said, this cost of taking the tax from 33% to 50% or rather, the tax from 33% to 50% or rather, the discount on the tax to that, 322 million. we know that councils are already really strapped

the financial times looks ahead to this week's opec meeting, as saudi arabia is planning to use its leading position in the cartel to buoy global oil prices before the $25 billion stock market debut of its state—owned oil giant. and finally, on the guardian website they are calling it an "apostrophe catastrophe" as a group dedicated to preserving the correct use of the punctuation mark has decided to close down. 96—year—old chairman john richards who started the apostrophe protection society in 2001 said "ignorance and laziness" had won. you disagree with that. with me is cornelia meyer, who's ceo of mrl corporation, a business consultancy firm. in the uk, nearly all the front pages have on it a picture of saskia jones, who has been revealed as the second victim, the 23—year—old girl, of the attack on london bridge on friday. a very emotional day today for those who have been impacted by this. it is very sad, and yesterday you had the gentleman, jack merritt, both of them were both working, they came from a criminology programme out of cambridge and were working with offenders and

the financial times warns that brussel‘s is ready to cut off the city of london's access to the post—brexit market — that's according to the eu's new financial services chief. the mirror reports on a "killer driver on the run" after a 12—year—old boy was killed outside his school gates, others injured by a driver who targeted the school then fled the scene.

editor of the financial times this morning said they went back. not once did they print anything that said ukraine politics colluded with hillary clinton or interfered. but the fact we're spending so much time trying to debunk all of the information, it worked. and the silence from other republicans is deafening. they know better. >> the other piece of that is ukraine did have a big corruption problem. that's where this is so finely chopped. you have a new president coming in understanding there's pressure that precedes him to cram down on corruption in the country. and a new mvgs that is using that sensitivity to say, oh, yeah. go look over there. we'll tell you what's corrupt. the fact you didn't look into hunter biden put him in such a difficult position. we're saying we've got a big threat here in line with the strategic interest in the united states and the western european countries. >>down who else has a corruption problem? russia. >> really. >> a little. >> i also think people need to remember that president trump did green light the milit

an emotional reunion for a mother and son on the front of the financial times which says a prisoner swap between ukraine and russian rebels raises hopes for a final truce. the new years honours data leak which saw the addresses of around 1000 people — including high profile celebrities — being published online could cost tens of millions of pounds — that's according to the i. the daily mail investigates what they call a £10 billion rogue pensions scandal — saying thousands have lost their nest eggs in schemes sanctioned by the government. another pension story in the daily express albeit more positive. the paper says that thanks to the re—election of borisjohnson as prime minister that retirement funds will boom. farfrom home — the guardian claim critically ill children are being rushed from one part of england to another because nhs hospitals are running short of beds. the us launches its biggest attack in a decade on iran—backed militias is a story on the front page of the times — after the united states bomobed militant positions in both iraq and syria. the sun runs t

the financial times has the story of the class action against tech giants apple, google, microsoft, dell and tesla being brought on behalf of families of children killed or injured while mining cobalt in the decmocratic republic of congo. the metal is critical for smartphones and electric vehicles, and the ft says human rights groups claim the companies are aiding and abetting supply chains that force children to work in dangerous conditions. and finally, the times reports that petrol and diesel cars will be completely barred from one road in the city of london. drivers of pure combustion engine cars will face fines of 130 pounds, that's around $170, if they enter beech street, where levels of toxic air regularly exceed the legal limit. with me is oliver cornock, editor—in—chief of the oxford business group. lets get stuck in. the viewers have beenin lets get stuck in. the viewers have been in touch about that last story, so we been in touch about that last story, so we will try to get them of their responses, but if we start with the telegraph, the business section, at the so—call

ok, let's turn to the financial times and the two stories on the front page of this paper. first off, though, the announcement we have a new this paper. first off, though, the announcement we have a new governor announcement we have a new governor of the bank of england. yes. it's been flagged up for in a couple of days. it has gone to andrew bailey, a bit of an insider. he has been working at the bank of england for 35 years, widely regarded as a safety or of hands. and it is interesting to have somebody who is a banker, whereas in europe, the european central bank, they very former lawyer. that is quite interesting. what is probably more intriguing is the fact that there is already in his in tray, a row about whether there was some banks who might have had access to the feed and if they had access to it, committed their traders have access to it? that is going to be the first application. would not have been really interesting and important to have had a woman for the first time? there was a woman in the running. and she was very, very good, for what i no. but she was not

the financial times has the story of the class action against tech giants apple, google, microsoft, dell and tesla being brought on behalf of families of children killed or injured while mining cobalt in the decmocratic republic of congo. the metal is critical for smartphones and electric vehicles, and the ft says human rights groups claim the companies are aiding and abetting supply chains that force children to work in dangerous conditions. and finally, the times reports that petrol and diesel cars will be completely barred from one road in the city of london. drivers of pure combustion engine cars will face fines

in the financial times, the slowest year for a decade — only 39 companies listed on london's stock market in 2019, the lowest number since the financial crisis. let's look at some of the stories in more detail. with nigel and joe. we shall begin with the independent and district nurses, immunity nurses, who work in the community, tell us what the story is saying... the independent claims this is an exclusive story about new figures show the number of district nurses is not enough to deal with the number of patients who have got complex needs and it is actually not a new story, the district nursing community body said two years ago that there needed to double the number of people who were being trained and it has been capped at only 500 being trained each year for the last three years and it dropped, district nurses have been dropped and cut by more than 7000 in 2010. to just over and cut by more than 7000 in 2010. tojust over 4000. we and cut by more than 7000 in 2010. to just over 4000. we talk about social care, these qualified nurses who have a very specific set of skills are absolutel

the financial times warns that brussel‘s is ready to cut off the city of london's access to the post—brexit market — that's according to the eu's new financial services chief. the mirror reports on a "killer driver on the run" after a 12—year—old boy was killed outside his school gates, others injured by a driver who targeted the school then fled the scene. and the times says britain's biggest retailers are pushing shoppers into "record debts" with their credit schemes. right, let's start with the guardian because it is very striking on the front, object merit, and this article by dave merritt, who opened on saturday on his twitter feed, when he broke the news of his son's kelly, he gives them a very powerful position, on behalf of his late son, on how politician should be reacting to depositing terrible events. what do you make of what he's got to say? it's heartbreaking to read. you can't imagine the pain the family are going through. dave writes very articulately about what his son believed in and what his son did in terms of him he talks about "jack devoted his energy..." the reas

we have got to talk about aramco, the financial times was front—page. is this a matter of pride for the crown prince? absolutely, it very much is. $2 trillion! up for sale! it is what the country is based on, this oil industry. basically saudi aramco is the saudi oil industry and that is the saudi oil industry and that is the big issue. there's $2 trillion asa the big issue. there's $2 trillion as a target and it is what the crown prince wants to value this at. he is leaning on and pushing families... local business people and investors tojump into local business people and investors to jump into this. local business people and investors tojump into this. the interesting point about this, and as your guest said previously, this was meant to bea said previously, this was meant to be a worldwide ipo showing the largest ever ipo, global ipo, in history, but such has been the downturn in this and the fact that so downturn in this and the fact that so many investors locally have worried about the longevity of the oil industry within saudi arabia... and saudi

moving onto the financial times, will be a new governor of the bank of england. we expect an official announcement in the next few hours, but they have announced it will be andrew bailey. who is he? he is the head of the financial conduct authority here in the united kingdom. but he is a former deputy governor of the bank of england, which is the central bank. have you come across him? i haven‘t met him, no. i met mark carney and a number of the other deputies. the thing about this which i found really interesting deputies. the thing about this which ifound really interesting is deputies. the thing about this which i found really interesting is that there has been this move to ensure in the appointments process that there is some kind of alignment with government thinking, especially on issues to do with brexit, so it looks as if that was something that was a factor, and the report here seems to indicate that some of those who were thought to be very good candidates might not have been com pletely candidates might not have been completely aligned. we don‘t kn

times reported about it. users of bloomberg terminals were funnelled to his 2020 campaign website by writing "mike". the newsagency has changed it, since calling it an oversight. let's turn to japan, as the government unveils stimulus measures worth about $120 billion to boost the world's third largest economy. why now? well, for one, the hike in the sales tax in october led to a dip in spending and also the government is trying to get ahead of an anticipated slowdown after next yea r‘s an anticipated slowdown after next year's summer olympic games in tokyo and there are signs the trade war between the us and china is impacting japan adversely. it is a trade —dependent economy and in october we saw exports tumbling at the fastest pace in three years. will this add to its already huge debt? look at this chart, it shows the ratio of various countries pass debts against the size of their economies —— countries' debts. it is more than double that of the us. so is this a good idea? i put that question tojo

this is an interesting story on the front page of the financial times, looking at how china now, they have evidence to show, they are ordering government departments, et cetera, to say, right, all foreign computer stuff and software has got to be gone by 2022. this is a fascinating story, because as far as we can see, beijing ordering all government offices to doing this is a mirror of what the us seem to have been doing, saying we will not import chinese softwa re saying we will not import chinese software or hardware. they are saying 50% will be replaced in 2021, down to 20% in 2021 and 22. this will be gone within three years of. this is china reducing its reliance on technology from foreign governments. we have seen her, i notice when they go to china, using more more chinese technology in officers, lenovo and other companies. they are going to say it doesn't really matter where we get to on doesn't really matter where we get toona doesn't really matter where we get to on a trade deal, we're going to have more of our homegrown industries. how do you get a mattress of your hotel ro

the financial times looks ahead to this week's 0pec meeting, as saudi arabia is planning to use its leading position in the cartel to buoy global oil prices before the $25 billion stock market debut of its state—owned oil giant.

and the financial times reports on the continuing fallout over the leak of an audio feed from the bank of england's press c0 nfe re nces . a nice variety of pages there, ladies. let's start off with the news that prince philip has been admitted into hospital. obviously buckingham palace is saying it is precautionary. yes. you know, he is 98 years old. but i don't understand is why they have to bring him all the way to london... i think it's because the doctors are already treating him for this pre—existing condition. it can't be good to be lifted and brought... condition. it can't be good to be lifted and brought. . i condition. it can't be good to be lifted and brought... i would not go ina lifted and brought... i would not go in a helicopter. i think it is 120 miles from the sending of the state to central london. —— sandra hama state. i don't get the logistics. what is interesting about the fact that this story is leading on so many papers is the idea that this feels like there is more of a story than we are being given at the moment. and we are talking about a 98—year—old

i want to mention the financial times, which has this story of a delayed transitional deadline, as pressure from eurosceptics eases. borisjohnson has a massive majority and he can ignore the erg. do you think a delay is likely? it's difficult to say. if you think about brexit, you can divide it into three stages, one is negotiations about withdrawal, then negotiations about the future relationship, covering everything from trade and security, fish so all of those other things that you have to negotiate, and then there is the future. if you consider that it took around two years to negotiate the withdrawal, is it realistic to think that everything else, which will be a much more complicated negotiation, can be wrapped up and passed within 11 months, by the end of 2020? so there is some suggestion that the prime minister, with a large majority, can afford to upset some mps. if he doesn't, is his other option to do a more broadbrush agreement and kicked some of the detail beyond next year? it's not only up to government, and this is very much a negotiation with the eu and, if you think of the

times. they have confirmed it will be a huge blow to the likes of hewlett—packard, dell and microsoft. it is trying to increase china's reliance on home—made technologies. in north korea over the weekend, president trump tweeted saying that kim jong—un risks losing everything if he resumes hostility towards the americans. the announcement of saturday's test came just hours after trump said he would be surprised by any hostile action from the north, emphasising his very good relationship with kim. now to hong kong because it is exactly six months since the protests started and over the weekend, we saw hundreds of thousands of people taking to the streets in a peaceful march demanding greater political rights. after months of sometimes violent demonstrations, hong kong has been relatively calm and is pro—democracy candidates won a landslide victory in local council elections two weeks ago. he was the bbc‘s laura bicker who was covering the protests over the weekend. bbc‘s laura bic

let's start with the financial times and saudi aramco. $25 billion raised. not bad. but it's not as much as they were hoping for. they were looking for an overall valuation of $2 trillion. it looks at $1.7 trillion valuation for aramco but i think the key here is the strategy the saudis are trying to point to. they call this vision 2030 and this is trying to take all that weight that they have, the whole country, the whole region focused on oil. we know the world is looking to move away from fossil fuels and we know the challenges that we have about carbon and c02 and there is a mood around this globally. we can see her in britain whether government has signed up to a net zero target by 2050 and other governments around the world so they are trying to future—proof this, firstly by cashing in their chips in this particular commodity, hence raising the money but now have to divest that money into other areas, entertainment, and even actually this weekend we consider world championship boxing fight between anthonyjoshua championship boxing fight between anthony joshua

in the financial times, china orders the removal of all foreign pcs and software to boost the sales of domectic manufacturers. let's start off with well, it is all about pushing that core message and really, the mail and the guardian, those of their front pages. the front page of the mail, exit the trail, he calls it. and the guardian, corbyn in his last ditch to focus on voters‘ finances. how is it going to look? tony is loving it. i wish they will hurry up and elected so i can go back to normal. it is interesting that labour are focusing on a retail offer to the voters. there has been a policy free for all from labour and this week, they are trying to focus back on the national living wage rises, childcare costs, free social care. meanwhile, the tories are heading their core message in the last few days which is their appeal to traditional heartland labour mps are saying corbyn doesn't share your values or passion or views about our pride in the armed forces so it is a really interesting lesson in how, with three or four days to go in the election, everything is tightening and narr

the financial times reports that the fund manager m&g has halted trading over fears of brexit uncertainty. ‘trump gets the hump' is how the metro describes president trump's departure from the nato summit. the papers says he ‘flew home in a huff' after other world leaders were seen to laugh at him. the telegraph says that families will be £200 better off under borisjohnson‘s new pledge to cut tax within days of brexit. the paperback release on a dr‘s claimed that the nhs cuts have told his mother —— the iyer. front of the times is focusing on how germany is six telling two russian spies for supposedly ordering the murder of a dissident ina berlin ordering the murder of a dissident in a berlin park. and speechless is how the daily express describe jeremy corbyn, after it was announced he does not watch the queen‘s christmas day speech. let‘s ta ke queen‘s christmas day speech. let‘s take this to our guest reviewers tonight. who wants to start? let‘s start with the times. michael, you go first. it will be a well wind if the tories get in, we‘re told. boris johnson,

the financial times confirms that the new bank of england governor will be andrew bailey, who had been the favourite for thejob. the irish times picks up on comments from a un official that stunningly little is being done to combat climate change, and that it would take a revolution for the world to meet the target of limiting a rise in global temperatures to 1.5 degrees. it is not all bad news, though. as reported here in the independent, electricity produced by renewables has surpassed fossil fuel power in the uk for the first time. and finally, can you put a price on your pet? the ft reports 43% of us millennials have gone into debt at the vet. so let's begin. with me isjoel kibazo, partner atjk associates and a former director of communications at africa development bank. welcome back. let's start with the guardian. this headline, fears of extreme brexit in the pm's blueprint for britain. is that how you see it? will we have an extreme brexit? for britain. is that how you see it? will we have an extreme brexit7m depends on how you feel it is extreme. this story is very much about t

tomorrow's financial times leads on the ousting of the chief executive of boeing after two deadly crashes involving its 737 max plane. the i warns of serious flooding over the festive period — with heavy rain forecast in parts of the uk later this week. the daily express previews the queen's christmas speech — the monarch will say it's been a bumpy year. and the daily mirror also splashes on the queen's message — showing her next to photos of some of the royal family. the times front page has the same image of the queen and her heirs. the paper also has the story that the prime minister borisjohnson will ring in the new year on the private caribbean island of mustique. the sun leads on the court case of love island presenter caroline flack — she denies assaulting her boyfriend. and both that story and the queen's speech are on the front of tomorrow's daily mail. the paper says the queen will use her message to talk about the royals‘ "turbulent year". let us start off with that. the telegraph splash on the story. 0ur path this year has been bumpy, since the queen. the queen speec