in the eu. but then again it does not serve the eu well, right at this moment, to say sure, whatever you want. there is the threat of the internal market bill at the moment hanging over the eu if you like and the eu is basically kind of hoping that the prime minister realises if you reach a trade in future relationship deal between the government and brussels, then there will be a lot of those internal market bill clauses willjust quietly go away because it should deal with a lot of those issues. this idea of rules for origin, like we would —— could come from and at risk are coming from, gb into northern ireland and which way you have to pay extra fees and so on and so forth is complicated and it has to be worked out. and obviously the eu will not want to be responsible for food shortages in northern ireland but all of this, all of this is a state of play if you like in these negotiations and it should not be play of course because it is lives and livelihoods as we very well know but this is

, eu — us. they are all important and they all need to work together. donald trump believes there is only one side of the triangle that appears to be important, and that is brexit britain. there are members of the conservative party to look at the world through a very narrow prism of brexit and think donald trump has been the best thing since sliced bread. that is a bizarre way of looking at the world. if one opens the aperture even slightly and considers literary interests of the uk, i think one would have to conclude, for reasons we have to get into, biden administration is much better news, on climate, multilateralism, china, sanctions, et cetera. but the eu will be a major focus, because this president has done so much to undermine our relationship with an essential partner. i was at the centre of it forfour years, almost partner. i was at the centre of it for four years, almost four yea rs. it for four years, almost four years. and i saw that even without the uk, the eu 27 will remain an es

at issue is the eu's ability to tie funds to members‘ adherence to core eu values. well, my guest is poland's deputy foreign minister, paweljablonski. can poland afford to defy brussels‘ will? paweljablonski in warsaw, welcome to hardtalk. welcome, stephen, thank you for having me today. it's a pleasure to have you. now, 25 of 27 eu member states want to see the eu budget and a recovery package post—covid passed. you and the hungarians are blocking passage of this massive financial package. that's a dangerous place to be, isn't it? we also want it passed and we want it passed as quickly and swiftly as possible, but we also need guarantees. we need to have our rights that are enshrined in the european treaties protected properly. and unfortunately, it comes with caveats that we cannot accept. these caveats being certain regulations that are declared to be aimed at conditionality based on the protection of the rule of law. but in fact, these provisions are so vague and so wide that they would allow for purely politically motivated action, politically motivated fin

so that will be a question for the eu in the near future. but when it comes to this budget dispu dispute, there will be tough talks in the coming weeks. the next event to watch is the eu summit because by then, if there is no agreement among the 27 towards this, than investors and citizens across the eu will start questioning when this coronavirus stimulus package will actually be disbursed to citizens and businesses across the eu >> and a quick question but a complicated answer, can the eu just circumvent poland and hungary at this point, just go around them? >> they can. there is a mechanism that would allow the 25 to approve the coronavirus stimulus package the 750 billion just for 925 but if they do that, then that could have implications on how hungarian and polish citizens feel about the eu and it would start also by raising other questions about the cohesion of the eu and it is unlikely that the traditional conservative policymakers in brussels are actually up for that because they are always pushing for the unity, for the 27 to be on

uphold core eu values. so far, those threats have been empty. but now there is a concerted effort to link post—covid financial aid to compliance with core principles on the rule of law. well, my guest is hungary's justice minister, judit varga. how far is hungary prepared to go in its defiance 00:01:27,088 --> 2147483051:37:28,259 of brussels‘ institutions 2147483051:37:28,259 --> 4294966103:13:29,430 and eu norms? judit varga, in budapest, welcome to hardtalk. good afternoon. thank you very much for the invitation. minister, where is the logic in hungary being a member of the eu club and yet refusing to accept the eu's core values and rules? when we joined the club, the club had the same motto as today, "united in diversity". so it means diversity of national identities is as much important as unity. hungary is a very strong pro—european country. we've proved it throughout the centuries. we always belong to here. but we see today that the treaty framework what we joined 16 years ago, is loomingly cha

at issue is the eu's ability to type funds to members adherence to court he really —— eu valleys. my guess is the poland deputy foreign minister, paweljablonski. can poland afford to defy the will of brussels? paweljablonski in warsaw, welcome. welcome, thank you for having me. it's a pleasure to have me —— have you. 25 of 27 eu member states want to see the eu budget and a recovery package, post covid pass. you and the hungarians are blocking passage of this massive financial package. that is a dangerous place to be, isn't it? we also wanted be passed and we want it be passed as quickly and swiftly as possible but we also need guarantees and we need to have our rights that are enshrined in the european treaty protected properly and u nfortu nately treaty protected properly and unfortunately it comes with caveats that we cannot accept. these caveats being certain regulations that are declared to be aimed at the conditionality based on the rule of law, but in fact these provisions are so vague and so wide that they would allow for purely politically motivated action, politicall

but one prominent mep says there are limits to eu flexibility. since northern ireland will now be a point of entry for the european single market, the standards we have need to also apply in northern ireland, because that is the whole idea of avoiding a hard border between the republic and northern ireland. we have always been very clear that we want as little bureaucracy as possible, however, the special situation in northern ireland is not only about avoiding a hard border between the republic and northern ireland, it's also about protecting the integrity of our single market. even on day1 of the new arrangement, checks on actual food products arriving into ni will have to take place. this process will be overseen by the eu but it's local civil servants at the department of agriculture who will be doing the checks. senior officials say that without a special deal for northern ireland it will be difficult, maybe impossible, to deal with this volume of checks. if there's no agreement i cannot deliver the checks that will be needed. with minimisat

deregulate and serve the entire eu market and that would not be what the eu wants. let's wrapthis alix: this up in a nice neat bow. if you're looking at the u.k. and europe and the u.s., knowing where we are in terms of a vaccine trade deals, tariffs, and a potential new government in the united states, is the trajectory still europe outperformance in terms of growth? is it u.s. outperformance in terms of growth? what you make of it in terms of the economics? guntram: on the economics, markets are ahead of the real economy. markets are already celebrating the end of the pandemic. i think we are still in the middle of it. we have many months ahead of us where there will be a constant stop and go policy. lockdowns which will weigh on the economy. there and we will be able to go back to work, we want to look at the bill. there is a lot of sovereign debt but also a lot of private sector debt. there will be corporate bank subsidies, -- there will be corporate bankruptcy, there will be a rise in youth unemployment, there will be a lack of opportunity. policy makers all si

the european court ruled that broke eu law. one of the countries leading the drive against hungary is the netherlands. here's the prime minister. we are worried about the rule of law, in effect, for example, in hungary. about gay rights, the free press and democracy. we believe it is important that there would be an instrument to safeguard the rule of law. poland has been found to be in breach of eu law for trying to force judges into early retirement. the measure was seen as an attempt to undermine their independence. the court ofjustice also ruled against poland's efforts to discipline the judiciary. the polish government essentially says none of this is any of the eu's business. and its prime minster says the budget proposal unfairly singles his country out. we say a resounding no to all the mechanisms that punish us like naughty children, which treat poland and other member states of the european union unequally. jan van hove is chief economist at kbc group in brussels. hejoins me now. and thank you for making time. good mo

row over the eu's budget. on monday, hungary and poland vetoed the entire budget — because of a clause blocking countries from receiving eu funds unless they respect the "rule of law". the budget includes 1 trillion euros to fund the eu's entire operations for the next six years and a 750 billion euro fund to help countries fight coronavirus. the european comission says it's essential this money gets approved, without delay. so let me conclude with a call to all member states to show a strong sense of responsibility. to their own citizens and to all europeans at this crucial moment, and to get this recovery plan over the line. poland and hungary say if the need is so urgent, why is the eu attaching new conditions? here's hungary's justice mininster, speaking to hardtalk here on the bbc. it is morally irresponsible behaviour when those are not concentrating on the covid and the economic crisis, but actually pressuring and blackmailing with ideological debates certain countries which made the all new we would

let's start with the eu. donald trump jumped the rails after 60 years of bipartisan foreign policy in the united states, supporting european integration and supporting the eu particularly. i would probably agree with 90% of what my predecessors, republican and democratic, would have thought and said about the eu. this administration said, "you know what, we don't need europe, we don't need to eu, we'll do it alone. we will negotiate unilaterally, tra nsactionally, and we'll deal with china alone." and worst of all, trying to undermine the eu and in fact insulting a few allies, particularly germany, out of pique, as they sell too many products in the united states. all that will change dramatically, and for good reason, because the us, and this is what counts, the real acid test, the us can get more done by working with its allies, including on trade and including on china. the eu has an enormous single market that represents a lot of leverage. why we haven't worked with the eu to bring china to the table to r

the eu needs to compromises. the eu needs to compromise big time on its fishing rights in uk waters. that is difficult forfishing rights in uk waters. that is difficult for fishing countries like france and spain. as for the uk, the government does not want to be tied to brussels' apron strings after brexit, but the eu says, look, you wa nt a ccess brexit, but the eu says, look, you want access to our single market that we don't offer any other non—eu member state, so we have to agree fair competition rules and we have to find a way to make sure both of us to find a way to make sure both of us keep to those rules. to be clear, the choice before the government isn't between a harder brexit and a soft brexit. the uk is leaving the eu's customs union and single market, so the choice is between a ha rd market, so the choice is between a hard brexit with a deal or no deal at all. both sides still say they wa nt at all. both sides still say they want a deal, but we are not sure whether they are both willing to move e

the eu as a whole. are you saying to countries like hungary which is in dispute of the eu over its rule of law, independent judiciary, its values, basic eu values. are you saying to hungary that they will not get any assistance unless they change their direction in terms of governance and the rule of law? well, i think in the european union, we have a very solid foundation which is respect for democracy, human rights and respect for the rule of law. and we have got proper mechanisms and institutions to ensure every member as to those values and principles. we sometimes do it very transparently, so transparently that everybody hears about it, which i think is very good in a democracy. whether it is hungary, poland, italy, slovenia, spain, we have this ina very slovenia, spain, we have this in a very open manner. mechanisms are therefore those who don't respect the rule of law and for those who don't respect, respect democracy and human rights, because at the end of the day, those are the values in which

|j does make a difference to the way the uk talks with the eu? i think it should. we should never have been in the position in the first place where the uk government was trying to break the law. but it's not too late for the government at least to try to reduce the damage that has been caused. president—elect biden has made it clear that he wants to deal with people who stand by their agreements, particularly the good friday agreement. we as a country should now do that and do it quickly. that was lord falconer, the shadow attorney general. thank you. research for the bbc suggests that 60% of disabled people who use social care have had difficulty getting hold of essentials such as medication during the pandemic. the survey by yougov was commissioned to mark the 25th anniversary of the disability discrimination act, which established legal rights for people with disabilities. the government has defended its record on support, saying it's fully considered the needs of disabled people throughout the pandemic. i can now discuss this further with adam pearson, who's

that is according to the eu. eu diplomats say progress made in drafting the legal text of a new trade treaty, so there has been progress made, according to eu diplomats, but no mutually a cce pta ble diplomats, but no mutually acceptable solutions yet on fisheries, governance level playing field so those three sticking points, that would suggest, still no nearer resolution. those talks agree a post brexit trade deal are resuming in brussels today. now it's time for a look at the weather with carol kirkwood. hello again. for much of this week, it's going to be unseasonably mild, except for thursday when it is going to turn much colder, there will be a significant wind chill, but it will be short lived because on friday we see a return to milder conditions. today, though, dry and brighter weather is coming our way compared to the weekend but there is more rain in the forecast and that is courtesy of an area of low pressure with its fronts coming in from the south—west through the course of the afternoon. one look

eu rules. that ends on the 31st of december, and at the moment, there is no trading agreement to take its place. there are are a number of stumbing blocks. they're largely the ones that have been there all along. let's start with fishing rights. here's foreign secretary dominic raab speaking to the bbc at the weekend. we're down to really two basic issues, but i think in particular the issue around fisheries. and we need the eu to accept the point of principle that through the transition period, it's a fact of leaving the eu that we take back sovereignty and control over our own coastal, as a coastal state, control over our own waters and our own fisheries. sovereignty is a crucial word to people who support brexit, and fishing has become a test case for many brexiteers. they believe the uk should be able to catch the fish within its waters. but it's complicated. this is why. the quota system used by the eu rests on a deal that was done in the 1970s and which the uk signed up to. it gave each c

-eu negotiations, if at all? joe: i would not read much into the implication, it is a conference boost for the u.k. -- confidence boost for the u.k. if they know they have other trade agreements in the bag and did not have these deals, it would add the impact of a negative impact in january. a u.k.-eu deal is advantageous in an economic sense. will johnson go for it or decide a no deal is better? anna: just how skinny will that deal be? we could get a lot of trade news from the u.k. and good that maple syrup will not get more expensive. think you for joining us, joe mays with a look at the u.k.-canada trade deal that seems to be in the offing. here are today's top corporate stories. thyssenkrupp is cutting 11,000 jobs, twice as many as planned. it is forecasting a one billion loss for the year as the industrial conglomerate fights for survival. continues toiness hemorrhage cash. is seekingir shuttle credit protection in ireland after a surge in coronavirus cases scuttled hopes for an early recovery. profits have

the eu's health minister, saying today the eu is setting up a healthy union to improve the response of coordination of member states and future health crises. the next scene is seen as the best chance to break the chain of covid-19 infections. biontech says it could start shipping the vaccine to eu countries by the end of this year. to talk more about this, i'm joined by the european parliament's public health committee member. the eu has a population of 450 million people. this is better than a good start, isn't it? >> absolutely. this is really promising. this is a better situation than we would expect. still, we must say there is a third phase to go through with the last clinical trials, so we must keep that in mind, but still, it is really promising. brent: assuming that the vaccine is approved and is successful, do we know exactly how it will be distributed within the eu? >> i would not say so. but there is of course a plan from the commission. on how to do with. and also to make sure that the membertates focus on the vulnerable groups, professional groups. that need to work with

after recent bloodshed in france and austria, eu leaders put their heads together in a videoconference to find ways to tackle terrorism. president macron says the bloc needs to focus on tightening external borders and the internet. thomas: first this hour, the turkish and russian presidents have spoken by telephone or tuesday with president gerd again telling vladimir putin that the moscow-backed peace agreement is the right step towards lasting peace. as people in azerbaijan celebrated the breakthrough, protesters in armenia have been far from jubilant as they called for the resignation of their prime minister who accepted the terms of the deal. with more on the details of the accord is our correspondent. >> these soldiers are en route to the front line as part of the russian-brokered cease-fire signed by the armenian prime minister, some military personnel will be peacekeepers in the disputed region. >> [speaking foreign language] >> the soldiers will be stationed along the so-called lush and corridor, which contains the only main highway connecting armenia to the disputed region. th

tea m barnier who is heading up the eu team who is saying that the eu would accept 15—18% cut to its share of right in the uk waters and this was an offer made weeks ago and they said that would amount to sacrificing around 120 million of their much larger amount obviously, from the access they usually get. this is i think the british have said this is derisory and they are not accepting this and so really, the timeframe now are short in terms of getting that post—transition deal. i think a lot of eyes were quite fixated on understandably what's going on with coronavirus, but a lot of eyes will also be on this in the coming days. what do you make of this, ali, because we are up against it. we keep saying that, but we got michel barnier back, what is your feeling as to how they are going to get on this weekend? because the mood music was relatively optimistic today? because the mood music was relatively optimistic today7m oscillates and michel barnier has been holed up in brussels because a memberof his team been holed up in brussels because a member of his team got coronavirus so m

eu at the end of the year. at that point it may have a different view. a lot of u.k. products have been adversely affected by these tariffs, and they will want to see some sort of deal. where there is flexibility to do a deal on the underlying dispute , and under words -- in other words for the u.k. to give some compensation, where there is that flexibility, the u.k. will want to use it to get a deal with the u.s. on this and get their products off these retaliation lists. context ofe, in the the ongoing u.k.-u.s. negotiations, some sort of attempt to get a down payment on the comprehensive deal, some sort of agreement for the u.k. products are taken off those retaliation lists. it is certainly what the u.k. government will try to do. guy: there's been a lot written in the british press that a u.s. trade deal is now less likely as a result of the fact that boris johnson was a good friend of donald trump, that joe biden is concerned about what will happen with the good friday agreement if the british government

it's fish that the uk and eu are now scrapping over in these final talks. most of what comes into newlyn is sold and eaten in europe. so any deal, or no deal, will have a real impact here. we're in a bit of a no—man's land, really. four years after the promises of the referendum, they'll soon know what brexit really means. the prize is clearfor us. it's about control of our waters, it's about exclusive rights to the 12 mile for our fishermen and a fairer share of quotas. and on the risk side, if you like, we've got access to traditional markets. how confident are you that you'll get a deal that you're happy with? i think we're cautiously optimistic. the two sides don'tjust have to agree on fishing, but on how our ports will operate. some fear long delays and more paperwork from the new year. we feel that we're in a dark room or a cliff where we're putting our foot out and hoping for the best, but all i can say is that the people that have prepared have done all we can do so far. they've been fishing out of here for centuries, long before quotas. once a hu

. >> the eu struck a deal for up to 160 million doses of the u.s. drug from a moderna's coronavirus vaccine. it protects up to 95% of the people who take it. it is the sixth supply deal of the eu has negotiated as it aims to secure more doses for the whole block. >> 160 million doses, the latest supply deal struck by the eu as it seeks to stockpile more and more vaccines for its member states. brussels is buying from moderna, whose coronavirus vaccine protected up to 95% of participants in clinical trials. >> once the vaccine is indeed proven as safe and effective, every member state will receive it at the same time at the same conditions. >> it is the sixth deal struck by the eu with various vaccine developers, taking it for 2 million with a population of -- the question is who gets what when. the various vaccines must be approved by the european medicines agency before the eu can distribute vaccines to all member states at the same time. the amount each country receives will depend on its population size. there will be a limited rollout at the sta

ist of january, which means that if you are exporting to the eu, you are exporting to the eu, you must now pay attention to the guidance that is available, you must look at your own business needs, what your business needs, what your business partners in the eu need to do, find a customs agent, get the relevant trader id number of sorted out, work out how you are going to implement and produce the data needed to take your goods to market. you must do that. alex, thank you very much indeed. and thank you very much indeed. and thank you very much indeed. and thank you for the clear advice. general manager of public policy logistics uk. more detail on that on the website. the president of the european central bank has warned the region's economic recovery could be "bumpy", despite the euphoria over a covid—i9 vaccine. stock markets have soared this week after us drug giant pfizer and its german partner biontech reported 90% effectiveness in phase three trials of their vaccine. but christine lagarde told a banking forum, the crisis that has cost five million european jobs and seen a reco

if there is no agreement on fishing, eu boats will lose out badly. but the uk won't get the access it wants to the eu markets where it sells most of its fish and many other things besides. then, there is the governance of any future agreement, that is partly about the overall structure of any deal, but also, how a new agreement would be enforced, and how disputes would be settled. another sensitive issue, implementing the brexit withdrawal agreement, signed last year, especially the protocol on northern ireland, and the land border which now divides the uk from the eu. the uk's internal market bill which could override parts of the northern ireland protocol has added to eu concerns that the uk may not live up to some of the commitments it has made. so, plenty of issues to resolve, and it normally takes years to do a trade deal. but this process only has a matter of weeks left. deadlines have already come and gone. any last—minute agreement needs to be added to hundreds of pages of legal text, and it all needs to be translated into all eu languages,

they will be due whether you are importing to the uk or exporting to the eu. the deal will, if we landed, ensure that we have zero tariffs between ourselves and the eu. if we have tariffs, that will be a profound economic impact on our country and that is what we need to avoid. if a deal is reached, though, let‘s say at the end of this week or next week, is that enough time for people to prepare adequately by the end of the year? well, the deal is all about the economics and if you can have a zero tariff deal, that is fantastic news for british business. it is also fantastic news for eve i’yo ne is also fantastic news for everyone that wants to get the goods on time because the other aspect of no deal is that it would make it very, very difficult for british hauliers to simply gain access to the eu. a collocated series of permits is a clunky, old—fashioned, horrible system which predates the eu and it would mean that only one in four uk hauliers would be able to even access the eu. the no deal is really the worst possible outcome here. and there are some

earlier on in the week the uk source described to me the eu position on fishing, one of the eu position on fishing, one of the key sticking points remaining as com pletely the key sticking points remaining as completely unrealistic and it doesn't really seem that has been any progress they are on the other areas of contention, a level playing field and regulatory alignment between the two side and enforcement and governance of any agreement that does emerge. this morning, the environments secretary george eustace sounded relatively upbeat about the prospects of a deal. the prime minister last week said that we really needed to re—energise and the eu really needed to focus and refresh their mandate in these final weeks because yes, and many areas progress has been made an agreement exists and a lot of text has been drafted. there are the sticking points around for instance fisheries and state aid rules that can be resolved. we are not asking for anything miraculous. we really asking for what other countries like norway and canada already have and so it should be possible to reach that

the financial times looking at how the eu will be looking at how the eu will be looking at how the eu will be looking at it. time, it says that brussels, the european union has secured 300 million doses and then shows an image of a hospital in barcelona and spain, how they are going to focus on distribute in this vaccine. that's right. the eu had their own programme of vaccine. there was a suggestion that britain might want tojoin there was a suggestion that britain might want to join that's, britain declined, we said we'd rather go our own way. but i think 300 million, if you look at these populations, probably proportionate to the 40 million the government tapped out, it would be interesting to see how that you are going to decide to distribute them, because i think all of next year, the politics of vaccine is going to dominate absolutely everything. i mean, there is already debate for example among some tory mps whether you should prioritise the working people, because of working people need to feel the account that will rage in europe at the same time, but what is clear is that br

the eu commission described the news as encouraging on twitter. they hope to begin distributing a vaccine by january. last week, the eu commission -- there vaccine is estimated to be 90% effective. back in august, the eu bodies had exploratory talks have an aim of complying. the vaccine i supposed to be easier to store as it can be kept at 90 degrees for six months and in a normal fridge for up to a month. this presents logistical questions for companies. it can be kept in the fridge for around five days. >> for what it means for governments fighting the virus and for citizens who are still living with its effects, we can speak to gavin. he is the director of the center for policy impact on global health at duke university. he joins us from durham in north carolina. thank you for being with us here on france 24. it is another day and another apparently in the race to secure a reliable vaccine. just how much should we be celebrating this breakthrough? >> science is going to be our way out of this pandemic and it is looking increasingly likely that

eu leaders make no progress. this as france and belgium urge eu leaders to set up a plan for a no deal brexit. restrictions wrap up. california imposes a late night curfew and hong kong says a new wave of coronavirus infections has arrived. the who warns against using gilead's remdesivir to treat the illness. a quick look at what is going on in futures. european equity market futures looking a little weak, but the u.s. picture actually weakening as we go through the asian session here into europe. down --xx 50 futures euro stoxx 50 futures down. as we get these european equity markets into their stride and get trading in europe underway, we have questions about where this risk between the u.s. treasury and federal reserve will take us. is that exactly what is weighing on u.s. futures right now? how will credit markets respond? we saw some of that late last night, but when we get the full complement of u.s. businesses starting again -- backstops have been in place since march or so. let's get to the european marke

leaders, the 27 eu leaders. they were hoping to have a look at something. it looks like, would you believe it, that yet another brexit deadline will have come and passed, but time is running out now because they need to get something in place before the end of the year. and what happens if they don't? quite simply, the uk and the eu will trade on world trade organisation terms. basically, that means there will be an end to zero tariffs and zero quotas. in other words, there will be taxes on goods moving between the uk and the eu, also there could be limits on the amount of stuff that moves between the two sides. the net impact of that would be that it is more expensive for businesses and of course more expensive for consumers, for all of us — that is why both sides insist that they do want a deal, but finding one, as we know, is going to be very difficult. they are still stuck on the idea of how much eu boats can fish in british waters in the future and also the extent to which the uk signs up to eu rules and

it helps if there is a deal between the eu and there is a deal between the eu and the uk in smoothing those issues over, so the pressure is on the uk to make sure it doesn't upset president biden in terms of ireland and trade between the uk and ireland. and there is the other issue of a uk—us trade deal to be done too. that's right. there is every possibility that this could still happen under president biden. i don't think it's an early priority for the president—elect, but there is no reason it couldn't happen in a couple of years' time. but it will still be tough. none of the issues that were causing problems before such as food are going to go away under president biden. so we still have those issues, but if the uk government wants a deal with the us, similarto government wants a deal with the us, similar to the government wants a deal with the us, similarto the eu, government wants a deal with the us, similar to the eu, it needs to make that clear and it can still happen. a couple of years' time — is that a long time to wait? in trade policy terms, not really. we are accust

the eu is a little bit ahead. report. had a 450 page highlighting concerns about amazon, apple, google. it is hard to see what the regulators have zeroed in on. we are getting a clear picture of that in the eu. aily: is this leading to possible breakup or is that unlikely? >> amazon want to have a uniform platform. they want the same rules everywhere. that makes their platform easier to use. expense ofes their operating it. it is really designed to be around automation and simplicity. any difference in the rules of the game here, there, and everywhere, something that they -- want toid for avoid. emily: all right. thanks so much, spencer, for that update. consoles, the new xbox are out after a year of unprecedented hurdles. will xbox deliver on expectations? we will speak to the head of microsoft's xbox next. this is bloomberg. ♪ when you switch to xfinity mobile, you're choosing to get connected to the most reliable network nationwide, now with 5g included. discover how to save up to $400 a year with shared data startin

brexit negotiator insists he won't be changing course ahead of a crucial week in trade talks with the eu. and lewis hamilton wins a record—equalling seventh world title after claiming victory at the turkish grand prix. good afternoon and welcome to bbc news. one of britain's best known entertainers, des o'connor, has died at the age of 88. the comedian, singer and television star died yesterday in hospital, following a fall at his home in buckinghamshire. he found fame as the host of smash hit prime time shows, in a career spanning nearly seven decades. he'll be remembered for his warmth and versatility as a performer, along with his readiness to laugh at himself. our arts correspondent david sillito looks back at his life. i've kept a list of the insults against des o'connor. des o'connor was in the ‘70s famous, a star, and, on morecambe and wise, the butt of hundreds of gags. but the singer and comedian took it all with grace. number one. eric — i'vejust heard some good news. ernie — what good news? eric — des o'connor has got a sore throat. nothing seemed to dent that cleanâ

approves and the eu goes, not sure, the u.s. says we need another trial, that will put a lot of questions in the world. the reality is the u.k. can get more doses out of the 60 million doses from a company called novavax, possibly in january or needs lesshe u.k. reliance on the astra vaccine than the european union is. so if it turns out that the u.k. approves it in the eu does not, which i do not think is going to be the case, that is going to ask you, why is that? why didn't we, who had the luxury of waiting a month for the novavax data, didn't? kailey: sam fazeli of bloomberg intelligence, thank you very much. still with us is peter schaffrik , rbc capital markets global macro strategist. i just asked sam about the timeline for even half of the population to get vaccinated. he doesn't think march is realistic. has the market gotten too far ahead of itself on the vaccine front? is it looking too far forward? peter: i am not necessarily sure. it wasn't a question of when exactly it comes. it is just a question of that it comes.

one eu country is clear, a breakthrough is needed for a deal to be done. this is very difficult, but it is also very doable, and i think the consequences of not getting a trade deal and a future relationship deal, of course, which goes beyond trade, because there is a whole range of other things that the eu and the uk need to facilitate each other on, as well. the consequences of not getting a future relationship agreement in place before the end of the year, i think, is very, very significant for britain and ireland in particular, but also for a number of other eu countries, as well. time is running out. the government is trying to ram home the point that deal or no deal, change is coming. exactly what rests on the outcome of negotiations. lewis hamilton has won the formula 1 world championship, following an impressive victory in istanbul this afternoon. the win means he equals michael schumacher‘s record of seven world titles. it cements hamilton as one of the all—time greats of the sport, especially given he surpassed the german's number of race win

valdis dombrovskis, eu trade commissioner. this is bloomberg. ♪ ♪ guy: live from london, i'm guy johnson. alix steel is a new york. this is "bloomberg markets." still with us, christopher j wolfe, first republic private wealth management cio. let's talk more about the impact the election is likely to have. clearly we saw a double bump today. the first came first this morning, when european and asian markets priced in the election results. then we got a second spike higher as a result of the news from pfizer. it is the latter that certainly is having the most effect. let's ask christopher about what we do next. just in terms of the way we should relate to the selection, you talked with alisx -- you talked with alix a moment ago about how you would price this in. is this sustainable? is this a sustainable repricing? christopher: you bring up a good point about time horizons. the repricing i think relates to confidence. greater confidence that we are going to be going towards a trajectory of growth, reopening 2021conomy it's

i think the eu would probably say we have done that as well. but it seems to have given a few premonitions. i think, for all of his talk on sunday, just a few years ago, he also stated that the eu have the upper hand. it's a really bizarre situation for him to be in. he is talking tough, but it's difficult now to know what he really thinks deep down. it muddies the waters. is the time, he was chief executive of a risk association. i wonder if that changed his approach to talks! i wouldn't dare imply anything of the kind. we are good journalists and we know the libel laws. i'm sure it wasn't done in complete sobriety. it was a joke. i know! thank thank you for reminding me. no, no suitable it really was, in fairness, four years ago, and what i remember, i don't know what came to my mind when i was reading that, which was slightly unfair, he said it four years ago, and that, which was slightly unfair, he said it fouryears ago, and i remember liam fox saying this was going to be the easiest negotiation of all time. well, going to be the easiest ne

eu leaders areeeting to discuss their coronavirus response. it is all being overshadowed by a huge row over the eu budget. a clause blocked countries from receiving eu funds unless they respect the rule of law. the budget includes a trillion euros to fund operations for the next six years and a fundhe to countries fight coronavirus. european commission says it is essential that this budget gets approved without delay. >> we want all mber states to show strong sense of responsibility to their own cizens and to get this recovery plan over the line. >> if it is so urgent, why is the eu attaching new conditions? >> it is morally irresponsible behavior when those are not concentrating on the covid crisis but pressuring and pressing an ideolical debate lltween countries that we knew they were never going to accept. >> this was an initiative of the european parliament, and the commission is already pursuing infringement proceedings in the area against two members. it referred hungary to the court of justice when it passed a law making it a cri to hel

they export engineering parts to the eu. they are ready for new systems but don't know about tariffs, which are still the subject of trade talks. there is a large amount of nervousness. we understand the process, we understand that we've got to change our paperwork. we also believe there is going to be tariffs, but if you go on the website, it doesn't really tell you what it's going to be. it always says, to be confirmed. wacky races, here we go. for those like vic, on the front line of trade, the changes brexit will bring really are now just a few weeks away, with much still to be done to keep things moving. alex forsyth, bbc news. saudi arabia has rejected calls from human rights groups for the release of detained activists in the run—up to this weekend's g—20 summit hosted by the kingdom. this is the first time an arab state has hosted this gathering of heads of the world's biggest economies, but in the midst of a global pandemic leaders will be meeting online. our chief international correspondent lyse doucet has bee

but it has this extra year in which the uk still pays into the eu budget, it still pays into the eu budget, it still has access and full membership to the single market and customs union until the end of this year. it is until that point that both sides have to reach this deal, not only that, but i have it ratified, so signed off by parliament in the uk and here in brussels, the eu parliament as well. there is a lot of agreement on both sides, joint legal papers are already being drawn up, but they are three main sticking points, they have been the same for months, over how much eu fish at men and women can have access to uk waters, after brexit, competition regulations for the two sides, and for the uk to have full access to the single market in goods, and also how to govern an eventual deal as well. if you do the maths, time is definitely running out. those difficult compromises both sides have to make to reach a deal will have to make to reach a deal will have to make to reach a deal will have to be found, if not this week, which looks unlikely, the next week. we are still waitin

the transition period outside of the eu will come to an end in six or seven weeks' time. yes, and certainly what comes of that will shape discussions going forward. thank you for talking to us. laura and i will be back at the top of the hour with the latest from washington and the rest of the us, but right now it is clive myrie's reflections on a tumultuous election week. it's morning again in america. past presidential elections here herald a sense of hope, a peaceful dawn. but this is now america. count every vote, count every vote! divided. angry. frustrated. primed for trouble. this is a fraud on the american public. this is an embarrassment to our country. i'm not here to declare that we've won, but i am here to report, when the count is finished, we believe we will be the winners. this is the story of ourjourney through a bitter campaign and the ordinary americans we came across. election day is a little over three weeks away, and catherine and herfriend pam are stumping for the president in phoenix, arizona. they endure the heat... we love trump! ..and very public

that is the eu argument. you need to sell fish into the continent and the british people won't be able to eat it, so in the interest of both sides to make a deal but it is just where does that exactly land, britton is looking for something like 80% of the current catch of the eu fishermen to go back to britain in the bid from the eu is set to be somewhere they could give something between 15 and 18% which from the uk position is laughable, this been dismissed out of hand as not enough and not recognising what brexit was about. it is highly political issue not just about. it is highly political issue notjust in britain but also in eu countries, places like france where the french president emmanuel macron is looking to for reelection going against the right wing party with marine la pen and this is a really tricky issue for him to deal with if it means giving up the cash in a french fishermen, notjust britain that it then with the domestic politics. we hear more about how the politics. we hear more about how t

they export engineering parts to the eu. they are ready for new systems but don't know about tariffs, which are still subject to trade talks. there is a large amount of nervousness. we understand the process, we understand that we've got to change our paperwork. we also believe there's going to be tariffs, but if you go on the website, it doesn't really tell you what it's going to be. it always says, "to be confirmed". wacky races, here we go. for those like vic, on the front line of trade, the changes brexit will bring really are now just a few weeks away, with much still to be done to keep things moving. alex forsyth, bbc news. it's 75 years since the surviving leaders of nazi germany went on trial at nuremberg. they stood accused of the deaths of millions of people. fergal keane reports on the legacy of the world's first international war crimes trial. the scarecrow wears the coat of a nazi mass murderer — placed there by a son who condemns the crimes of his father. my name is niklas frank. i am the son of the butcher o