>> and recognize that we suffer stress through economic injustice, inequality, through debt, a whole lot of things but we have e to also think about hohow we behave ourselves and so i ask you this. carefulllly and specifically. when we disagree with each other wewe sometimes do, when

disagree with other people as we sometimes do, if we hurl abuse as you hurl abuse at you, i hurl the first two times it is quite funny or can be. this time you have lost the been listening in the first place. the politics of justice, human rights it we also pursue the politics of respect of how we treat each other. so we have greater unity. we build a unity of people. we want to live in a country where there are people -- who wants to live in a country where there are people sleeping on the streets.

because to me human rights are universal, not national. the political atmosphere we have is about challenging those orthodoxies but it is also about challenging at economic orthodoxy that has been on the rampant march for 30 years or more. when reaganomics took over in the united states, when thatcher took over in britain and destroyed the manufacturing industry and so much of the economic [indiscernible] of our society. the agenda was the redistribution of wealth to a very small wealthy agenda

otherwise known as rolling back the role of the community. i do not want to be some of you that says to young people, sorry, you're not going to have it as good as we did because the nation cannot afford it. and sorry, your children, our grandchildren are not going to have it as good as you are because -- anchor: we're taking a quick listen to the opposition labor leader under pressure to resign after 20 mess and asked members of his shadow cabinet resigned. a lot of mps have followed suit. there he is battling for his own political survival, talking about economic inequality, sounding a little like he is campaigning to remain in the au -- du. the european union. in berlin and the leaders of france and germany, and italy got together to see that britain must formally declare its intention to leave the eu before

negotiations can take place. germany, france, and italy standing firm three days after the u.k. voted to leave the eu and the italian -- they want the u.k. to trigger article 50 as soon as possible. >> we agreed between us that article 50 of the treaty is externally clear. any state that wishes to exit the european union must make a request to the european council. as long as this request has not been placed with the european union no nation -- measure can be taken. once article 50 has been triggered can the european council initiate negotiations. anchor: here she is speaking earlier. >> the lines have been drawn here today.

it will be no talks until britain triggers article 50. must besomething that done. no members can be forced to leave, they have to leave themselves. they are going to be waiting for britain to do that. angela merkel said she does not accept this to happen, article 50 to be triggered in the next couple of days but she is not left waiting endlessly. the reason is insecurity is not good for the eu. the reason for this press conference was very clearly to prevent a united front among these three european leaders ahead of talks tomorrow in brussels and they did just that. they toe the line here. no talks, formal or informal, a very unified front. anchor: these leaders have their own domestic concerns, worried about anti-eu movements in their own countries.

reporter: exactly. that is part of the reason they are so eager to keep this from dragging out. they want to limit contagion and they want to i think to some extent make an example out of betten that the eu will not pulled around, britain must respect the eu, we heard that sentence a lot at the press conference that just wrapped up saying that the eu must -- britain must respect the eu and not leave them waiting endlessly for this result. anchor: the british prime minister said he wasn't triggering article 50 yet. he will be leaving that to his successor, the new conservative leader that will be named september 2. david cameron was trying to answer questions on trade, immigration, the future of the united kingdom, all against the backdrop of a plunging pound and

dramatic falls on the stock market. reporter: the first statement in the house of commons since the u.k. stunned the world. >> the british people have voted. it was not the result i wanted nor the outcome i believe is best for the country i love but i am clear and the cabinet agreed this morning that the decision must be accepted in the process of them decision in the best possible way must not again. reporter: the leader of the opposition labor party fighting for his own clinical life. -- political life. exit is quite shameful that politicians make claims they knew to be false and promises they knew they could not deliver. reporter: with some lawmakers suggesting mps ignore the cameron had this to

say. >> this house should not locked the will of the will of the british people to leave the european union. reporter: scotland would not be dragged out of europe against its will. even if it meant holding a second independence referendum. >> we have no intention whatsoever of seeing scotland taken out of europe. apparently those who proposed mission leave europe have no plan. said, and i quote, "there is no plan." reporter: the divorce will happen in two years. anchor: this was david cameron's first appearance fridays shock result. did he manage to answer any of

the questions or people are -- are people still in the dark? his first appearance since his resignation announcement. some would say he answered questions in some say he did not the reason that david cameron has said that is not only because there have been some , whether itttacks is people or young people to go home and eu citizens have every right to be here. they did the day before the referendum. the king is voted to leave but has not left yet. the divorce is not been implanted or negotiated. david cameron said negotiating exit would be the civil service's most complex and important task for decades.

he also announced creation of a special unit in the heart of whitehall to do with that. he said that was to bring together the expertise that was required in this is basically because everybody is trying to the worstheads around contingency planning but trying to get their heads around what are they repercussions economically, legally, etc. he said the leaves the u.k. should be in the single market which is what johnson said today as specifying there is no need to trigger article 50 which begins the withdrawal of the united kingdom from the eu officially. anchor: thank you very much. reporting from london. calls are going in scotland for a second referendum on independence. 68% of voters chose to stay in.

for more on that i am joined by .ichael keating thank you for being here with us on "france 24." scotland would have to become an applyndent country in the for eu membership. is that the plan and could it work? know what theuite to it ca hase but [indiscernible] there would be a referendum and there is every aspect that the referendum could be one. >> could scotland reversed the brexit decision, keep the

united kingdom in the eu? guest: it could not. this is very complicated. the convention that any decision affecting the confidence of the pro and should -- parliament should be approved by the parliament itself. says is a a clause that scotland must obey and that would have to be removed under brexit. there are many scottish laws and the convention which was reinfoforced going i in april ba new law of the british parliament would suggest the [indiscernible] but if we did so it steam rollers the change through and you would have a huge crisis in scotland. that thehy is it

scottish are more friendly toward the ear -- european union than the english are? favor,the leaders are in and for 30 years europe has been seen as an alternative to london. no just having a relationship -- it gives them freedom to maneuver. it has also not been such an obsession about immigration. andscottish government there have been three parties, they'll support immigration and freedom of movement. anchor: there's a lot less immigration to scotland. >> there are quite a lot of polish immigrants. the opposition to immigration in england is not -- london is the other place that voted to stay in by a large majority and it

has a huge number of migrants. anchor: thank you very much. condemned anister referendumst racist incidents. people are posting video evidence. they have been reports of flyers containing xenophobic messages that were distributed outside shops and schools. reporter: many british voters say their communities have become increasingly divided in the wake of riddance decision to leave the eu. directory a gentleman unpleasant rhetoric toward a

market trader. it was a very racist nature. i never heard sentiment like that expressed here before. >> people have taken to social media to tell about their experiences. #postrefracism has been used. and describing other incidents were people of color targeted. signsmedia reported that carrying xenophobic messages for posted in the litter boxes of polish families and distributed i -- outside primary schools. the british government have condemned these incidents and called for more tolerance. >> we have all got to come together and we have got to make sure that we put back tolerance instead of hate we have hope.

we become the great and good people that undoubtedly we are. i am very sad that this has happened. now we have to heal. reporter: several houses in have blamed to brexit campaign for refueling tensions. proving mass immigration was one of the promises made by leave campaigners. spain's prime minister has said he is confident he can form another government. feel -- theyght talkhey are willing to that they are reluctant to join the government. t-rex while the situation remains difficult strain is an tool.ant we demand to govern because we

won the election. 100% useful to the spanish people. to those who voted for us and those who did not. anchor: perhaps the biggest loser was yes we can, the left wing coalition that hope to overtake the socialist to become the main opposition to the ruling popular party. the movement ended up in third place behind both of the main parties. reporter: this was not the result of pop oh -- pablo iglesias wanted. it would have been mr -- a remarkable achievement. the anti-austerity movement was

launched two years ago but in the end he lost more than one million votes and finished third with 71 seats. well short of the 85 seats clenched right pedro sanchez's socialist party. to say that tonight's results are not satisfactory for us and we have different expectations. reporter: they say they cannot get their heads around the result. >> i expected a surge or the left, for change. i do not understand why it had to happen. >> i cannot believe it. it is shameful that people vote thatarties that are -- steal when there are families and children on charity in this country area and reporting -- this country. that coupled with six months of deadlock may have

pushed voters into the popular party's arms. they pick up more seats than any other already are you as for publicly see is -- pablo iglacias, there is another plan. france, germany, and italy united in doing after the u.k. voted to leave the eu last week. as your plants for a post-breath brexit future. many legal and economic questions remain unanswered. strange conservative leader is getting to a former government after an inconclusive election result. this is the result gives him the hast to resume office area

been nothing short of a bloodbath on the british currency in the stock market. ask your right. the sterling plunged through -- to a 30 year low with no clear post exit strategy in place it $1.31 perreaching pound. a volatility is set to continue on the currency market. the s&p has downgraded the u.k. postural a credit to aa. in the u.s. authorities city have got things under control. financialsaid institutions have a great deal of liquidity to deal with the brexit fallout. he added the american economy has resilience built-in. a disorderlyin way. when i think about the u.s.

it has beenink that a source of strength and a relatively weak global economy that our economy is 85% roughly a domestic economy and the bulk of that is consumer driven. we have resilience built-in to our economy but we are not cut off from the world. anchor: in the aftermath britain's finance minister his his silence. he said the economy is as strong as it could be but he did reiterate the warnings he gave before the vote to leave saying public finances and investments will take a hit. can triggeru.k. article 50 and in my judgment we should only do that when there is a clear view about what new arrangements we are seeking with our european neighbors. however, it is already evident that as a result of thursday's decision, some firms are continuing to cause their

decisions to invest or hire people. as i said before the referendum, this will have an impact on the economy and the public finances. it will need to be action to address that. reporter: we're seeing stocks deep in the red. financial stocks leading the declines. the dow jones plunging over 300 points, down 1.8%. worst declines on the nasdaq and the s&p 500 tumbling over 2%. the picture was not any better in europe. heavy losses across the board showing rbs and barclays were suspended during the session as they tumbled over 60%. down 2%.nded the footsie was down 2.5 descent -- percent. volatility will continue unless there is a strategy put in place.

an analyst said investors will be looking for safe havens like gold. take a listen. >> he has got some contingency plans in place that has more to do with liquidity and trying to me home. we're likely to see further selling, most notably the likes of sterling, the life of the -- likes of the ftse 250. think for the time being people are going to be worried, people have a lot of questions that are yet to be answered and a sense they will be moving toward a safe haven the likes of the yen, the likes of gold and away from those so-called perceived riskier assets and assets within the u.k. and within your. reporter: big u.s. banks are looking into shifting their legal homebase and potentially even staff. the ripple effects are not

limited the -- to the financial sector alone. >> days after the vote for brexit it is being felt in the u.k.. a poll found that a quarter of its members were implementing a hiring freeze. and that one in five companies are considering moving outside of the u.k.. concerns echoed across the world and the world -- at the world economic forum in china. >> this is one of the instability uncertainty and businesses do not like instability or uncertainty for investment are jobs. the people in the u.k. who are supporting these affiliates are going to lose their jobs. carmakers arenese contemplating their u.k. future. they rely on free trade access ofthe single market with 80% their car production bound for

europe. with the u.k. under threat analysts predict there is a 75% chance japanese auto giants will pull out of the country. meanwhile, there is pressure on the government to come up with a post exit strategy and fast. >> the government clearly does not have a detailed contingency plan. it is in the process of putting one together and we are in the process of helping. therter: negotiations with relationship with the eu could take up to three years and companies say they are looking for clarity before they make their move. anchor: wimbledon prize money has taken a hit. the tennis term and will award 28 what -- 28.1 million pounds to the top performers. worth over that was $3 million but since then the value has diminished to $2.6

million, a depreciation of $350,000 in a matter of four days. pretty interesting stuff there. pepsico says it is creating a aspartamerink using once again. they pulled the artificial sweetener over safety concerns. it has been linked to cancer in lab mice. will belar diet pepsi sweetened without aspartame. glassrld's longest drawbridge is set to open in china. it will connect to cliffs above canyon floor in the province of kanaan. the project cost $39 million and a put nevers minds at ease two ton car was driven across the bridge. people were encouraged to hammer the glass panels to prove the

glass withstood the assault. that is the business news. i will be back under an hour with more.

06/27/16 06/27/16 [captioning made possible by democracy now!] amy: from pacifica, this is demomocracy now! >> what is going to o happen is there going to be pretty damaging and painful conseqequences of f the processf trent extricate u.k. from the eu. i want to try to protect scotland from that. amy: britain is in a state of political crisis as scotland the house to do whatever it takes to stay in the european union following the brexit vote. could this lead to the breakup of the united kingdom? meanwhile, as british prime minister david cameron prepares to step down, ththe opposition