madame lagarde is also in london.speculation that a buyer may need to sell assets if its form and with sent out. it would supply bond chemicals. 43y have a market value of billion dollars. one analyst says that bayer are may sell its business to fund a takeover. more evidence of the u.s. department industry that is in a deep slump. nordstrom has cut its forecast to be less than expected. that is one day after macy's gave a similarly bleak forecast. there is a concern that consumers are spending less on clothing and department store staples. mark zuckerberg will investigate reportshow the website news. he will meet with conservative leaders. the come any is embroiled in controversy over whether it suppresses conservative viewpoints in its trending feature. thank you. we just had a lot of comments from christine lagarde talking about article 4. in assessment of the economy the u.k.. she has been warning that a brexit could cost the u.k. a lot . she is talking about a possible recession. she says that a u.k. brexit will

tom: can madame lagarde get her plan through the eu and through germany of a debt restructuring for greeceestructuring out to 2040? >> right. it seems to me that what today's euro group will decide will be positive regarding the disbursement, the release, which is important for the greek economy to function as it services debt, but it is likely that the debt relief discussion onl be the first further toward the first or second review, which is programmed for a run of talks in november. it seems that we will not be having a definite answer to your question today, but it is likely that we will be having progress on that over the next months. this remains the positive scenario because there is a negative scenario as well that, given the large distance in terms of the projections of the imf and the european side, that the two sides may actually decide to call it a split. i do not consider this as the most likely scenario, but it is something that is a possibility. tom: nicely framed. i am very curious about the recovery in greece. our bloomberg data clearly shows there is some form of stabilit