mrjohnson has called for the backstop, which aims to avoid a return to physical checks at the irish border, to be removed from any brexit deal. the daily mirror reports that mrs merkel has called the prime minister's bluff. it describes mrjohnson as "stunned" in his reaction to the german chancellor's demand that the uk must find a realistic alternative to the backstop. now on to the financial times. it says the cost of servicing the debt of developed countries has sunk to its lowest level for more than four decades and that the sharp decline is putting pressure on governments to borrow and spend more in order to jump—start the flagging global economy. the copenhagen post online says that denmark is picking up the pieces and the cost of donald

trump's cancelled visit. now on to the south morning china post which has this picture of yet more chaotic scenes at yuen long mtr station as protestors confronted police. and finally the bbc online reports that in a bid to keep the region clean, the nepalese authorities have banned single—use plastics in the everest region. the ban will take effect from january 2020. so let's begin. with me is rolake akinkugbe—filani, head of energy at fbnquest merchant bank. let's start with brexit and in the guardian, angela merkel giving the pma30 guardian, angela merkel giving the pm a 30 day deadline to a vote and a no deal. is this an olive branch or an ultimatum? most people

interpreted it as an ultimatum. she alluded to the fact it would be great if a deal could be struck and we know the sticking point here is around the irish border and what happens with northern ireland and the republic of ireland. boris johnson is quite optimistic in his approach, given what the french have said. macron believes the most likely outcome is no deal. but boris thinks he can conjure up something inafew thinks he can conjure up something in a few days. those mps who voted against a hard line, that the only way a house that would be feasible as if britain could decide to withdraw from such an agreement unilaterally and if there was a time limit. gap and possibly strike a compromise are elements but this is the first such meeting with boris johnson as prime minister and one of

the biggest voices in the eu.” wonder whether or not if he will find such a diplomatic welcome when he goes to france today. french president emmanuel macron has said re— negotiation is not possible. borisjohnson re— negotiation is not possible. boris johnson wants re— negotiation is not possible. borisjohnson wants the removal of the backstop and front says no and that would be a different picture between him and angela merkel. -- france. the daily mirror going with the idea that it is in fact some form of ultimatum and that germany has put the ball very much in boris‘s cot and it is up to him to come up with a solution. they are calling him stand and vowing to stick to what he has described as a blistering timetable. october is not very far away so he is under a great

deal of pressure and they have put the ball firmly in britain's cot. johnson seems to think he has one in the bag. we have not seen the making of that but i suspect we will see what he tries to negotiate. this story is interesting, in the financial times, it is pretty much thought around the world we are facing some form of global economic downturn. the questions are how and house low it will go. the big question is whether or not governments should launch into fresh stimulus and borrow while rates are so stimulus and borrow while rates are so low in order tojumpstart stimulus and borrow while rates are so low in order to jumpstart the economy. what you make of that as a strategy? the principle behind that is sound but if you think about it, there were some figures released earlier in the week around the fact that we have seen that to gdp ratio

is of developed country to 76%. your borough when interest rates are lower but it depends on the amount of debt you have already. should the markets change your face with major economic headwinds. we increasingly see bonds as a safe haven which is also driven down yields of bond but also driven down yields of bond but also let's not forget the factors causing sluggish growth and they are not going to go away. the us — china trade while is one factor. what happens further down the line. —— trade war. and it is about what is happening around markets around the world. in the us, europe, and of course the uk, pushing down rates over the long—term and we really

need to think of other solution to restart global economy but from a borrowing perspective, infrastructure and other fiscal moves may happen in the short term. it would be an interesting one and whether or not if as a result of ge there is nowhere to go with interest rates. what are you going to do? fiscal policy and also 15 trillion of government that is now negatively yielded. germany being a good example and that is a worrying situation. this headline from copenhagen. a big nature of the baby limp and trump being accused of being childish. donald trump has cancelled his trip to denmark over remarks made by the danish prime minister in response to his suggested that he might by

greenland. in terms of copenhagen and the cost to denmark, they had to d raft and the cost to denmark, they had to draft in police from all over the country to facilitate this visit and in terms of his visit to the uk, we note that it cost at least — at least — £10 million from the public purse so least — £10 million from the public purse so it is not an insubstantial some and pulling out with less than two weeks to go. it is not an insubstantial son. it is a state visit. let's not also miss the fact that brexit is potentially a potential important ally for nato. not too surprising given what has occurred in recent times. purchasing greenland, i guess he is thinking as a businessman but the danish for them it makes no sense. it is not them it makes no sense. it is not the main point on the agenda for this state visit which has now been

cancelled. quite frankly, very bizarre circumstances. bizarre and expensive. the south china morning post, we have had three months of social unrest in hong kong. much of it has been peaceful, it has to be said, but of course looking at the one month anniversary of violence breaking out at this station were commuters were attacked. you probably remember those awful pictures and yet no—one has been charged as a result of that. where are we with this? hong kong is a really interesting one. we are seeing widespread disaffection from a youth demographic. when you think about when hong kong was handed back to china. part of that was about whether democratic dividends of that we have seen a series of moves dilating that. 2013 we saw the protests over electoral reforms, now

over this anti— extradition belt. this problem is not going to go away. the issue is what will be the response's brute force will not be very productive. i suspect this will be prolonged. restock of mainstream china taking some action. but a sensitive situation and i really think they now needs to be done between the authorities and the mass movement. i think you are absolutely right and at the moment a story that will continue to run. thank you for coming in and run through the stories. a pleasure to have you on the programme. stay with us here, so much more to come. and let me know about the talking point, the rain airstrikes are on. are you affected? i will see you very soon. hello, there. as we move into the latter part

of august, it looks like summer is going to go for it with a real final flourish, and temperatures up to 30 celsius through the weekend and on into monday. which for some, is of course a bank holiday. the reason being, we want to get rid of these areas of low pressure, that have brought some quite cool weather and wet and windy conditions which will be squeezed away to the north by high—pressure building from the continent, and as we move into the southerly airstream we will have some real warmth coming into the continent too. well, this morning, quite a breezy story, we're still under the influence of the area of low pressure to the north of us, and there will be some showers on the tail end of a weather front. this front will affect northern england, more persistent rain for northern ireland, and it will then run into southern and central scotland as it goes through the afternoon. temperatures in the south—east up to 2a, maybe even 25 degrees. then, as the week continues we will start to pull that warmer

airfurther north. as we do so we'll squash away these weather fronts as well, not before we have seen a significant spell for western scotland. take a look at the overnight temperatures. down into single figures earlier this week, five and six in some areas of northern england and wales, and into the midteens as we go into friday. here is friday's chart. there' the high across the continent, we're still feeding air in from the south—west, but it will feel already much warmer than it did earlier in the week, and we start to push away those fronts in scotland, so it is a much drier day here. temperatures of 22 through the southern uplands, up to 27 — 28 across parts of southern england, and then we get to the weekend and that high reorientates and we start to pull our air from the south and real warmth arrives. notice some weather fronts coming into play there. can't promise you an entirely dry weekend, some isolated showers to the north and west, but a lot of sunshine.

a core of temperatures in the mid to high 20s across england and, hot air getting up to wales on sunday and scotland. a shade cooler across northern ireland and scotland for monday. further south, temperatures still hitting the mid—to—high 20s. and it looks like some of that warmth could cling on for much of the week ahead across england and wales. a little more unsettled later in the week for scotland and northern ireland, with the arrival of some showers.

good morning. welcome to breakfast with charlie stayt and naga munchetty. 0ur headlines today: borisjohnson prepares to meet emmanuel macron later, but the french president says he won't reopen negotiations on the controversial irish backstop. tens of thousands of ryanair passengers could face disruption today as uk—based pilots strike. good morning, good ages to really be derailed? the government launches a review into the controversial project. i am looking at one of the towns said to benefit from the high—speed line. can england haul themselves

back into the ashes?