and we'll get the latest from spain after a chaotic day in catalonia plunge the country into crisis the catalan regional government is meeting right now to consider what steps towards independence can take that's after ninety percent of voters back to separating from spain and a referendum disrupted by police and dismissed by madrid. i'm sumi so misconduct good to have you with us a gunman has killed at least fifty people injured two hundred more in the u.s. city of las vegas police have confirmed that the suspect a sixty four year old white man from nevada was shot dead the incident took place on the city's famed strip of the attack. her had checked in as a guest at the mandalay bay hotel and casino and from the thirty second floor he began firing on an outdoor concert authorities say they have also located a female person of interest she was a seen accompanying the suspect before the attack. last vegas sheriff joe long bardot spoke a short while ago let's listen in for his his history and background we haven't completed that part of the investigation yet but we located numerous firear

not knowing the future of catalonia whether it will be inside or outside of spain makes entrepreneurs think carefully about the companies that are going to look at where you will always go in the safest direction. no one was. able to catalonia accounts for a fifth of spain's economy but financial markets have been shaken this week by fears that secession would undermine the euro zone's fourth biggest economy dealing a heavy blow to spain's finances and sending the catalan economy into a tailspin. well a mixed picture for the u.s. economy the country shed thirty three thousand jobs in september the labor department blaming those losses on hurricanes paramount and hardware which hit the south of the country a few weeks ago but a key indicator of the country's economic fortunes wage growth is picking up where because our an average being paid two point nine percent more compared with last year faster growth than analysts expected. talking of growth germany has a reputation as being a strong export nation and the latest figures coming out from the ministry of economic affairs shows it is

spain. catalonia has been trying to pendants has left the region and spain deeply divided. in the eye of a political storm all appears quiet. inside the catalan parliament in barcelona m.p.'s like out of her gays should be debating but their session has been suspended . so this is a card dilemma parliament and it's empty today because we should have now a plenary say sure that it was suspended by the us a constitutional court this banished constitutional court so they say they are trying to spare our activities they are trying to tell us what we can talk about and when where do we are not table to talk about and that's not fair and that's not democratic and i sing we have the right to decide what we want to talk about in particular talking about the referendum in which the catalans voted on potential independence. alba also witnessed madrid's other response to the referendum the deployment of armed police to stop people voting. there. nevertheless forty three percent of potential voters managed to cast ballots ninety percent of them backed independence. it doesn't have in t

could face prosecution and prison time in spain today he popped up in belgium a week ago he demanded independence for catalonia from spain tonight he's demanding guarantees for himself i'm burned off in berlin this is the day. to do my desired fully comply because i am here in order to act with. and safety and security a muscle group are there to think it's an insult and provocation to all catalan to feel spanish to see him on his incoming about it because he's afraid for his life you got it. under which conditions when i go back to catalonia that we're here to seek guarantees that we don't have for the moment in catalonia in spain but. you

not knowing the future of catalonia whether it will be inside or outside of spain makes entrepreneurs think carefully about their companies but there's a lot of what you will always go in the safest direction. no one was. able to catalonia accounts for a fifth of spain's economy but financial markets have been shaken this week by fears that secession would undermine the euro zone's fourth biggest economy dealing a heavy blow to spain's finances and sending the catalan economy into a tailspin. to the united states and a mixed picture for the u.s. economy which shed thirty three thousand jobs in september the labor department blaming those losses on harkins irma and harvey which hit the south of the u.s. a few weeks ago a key indicator of the country's economic fortunes wage growth is picking up workers are on average being paid about three percent more compared with last year which is faster growth than analysts expected. and for more let's cross over the wall street and our markets man yes yes what did investors focus on today the weaker job data or the growth in wages. well to be hon

in a huge show of support for the unity of spain and against plans for the independence of catalonia. spain's political crisis for decades was sparked a week ago by a referendum on independence for the wealthy north—eastern region. spain's prime minister has warned of "drastic action" if that happens. our europe editor katya adler reports from barcelona. chant: viva catalonia! viva espana! catalans who oppose independence from spain call themselves the silent majority. today they made a lot of noise. we want to stay together. we don't want to break this country. i am catalan. i am spanish. and today i'm here because i'm very proud. and i don't want that catalonia go out of spain. everyone we spoke to here was catalan but people came from all over spain in the name of spanish unity. this crowd is emotional, excitable and passionate because this is all about identity, their identity. whether catalonia remains in or outside spain but the power of emotions aside, today is also all about politics. the question here for the spanish prime minister, will he wait for the catalan government to declare

not knowing the future of catalonia whether it will be inside or outside of spain makes entrepreneurs think carefully about their companies but there's a lot of what you will always go in the safest direction. catalonia accounts for a fifth of spain's economy but financial markets have been shaken this week by fears that secession would undermine the euro zone's fourth biggest economy dealing a heavy blow to spain's finances and sending the catalan economy into a tailspin. now a mixed picture for the u.s. economy the country shared thirty three thousand jobs in september the labor department blaming those losses on hurricanes and harvick which hit to the south of the country a few weeks ago but a key indicator of the country's economic fortunes wage growth is picking up where costs are on average being paid. two point nine percent wall compared with last year foster growth and analysts expected. talking of growth germany has a reputation as being a strong export nation and the latest figures coming out from the ministry of economic affairs shows it is staying true to its name factory

now, pedro -- the spanish to the united states, on spain and the independence movement. catalonia has been better off -- 99% of the voters supported it becoming an independent state. institute, hudson this is an hour. interest we're going to talk about the situation in spain and catalonia. just say a word here assembled. we're this is a think tank that's evoted to american leadership, global engagement and strong relation with allies around the world. this very conference room was inaugurated by the japanese year.dent last we've worked a lot -- these last with our european allies, nato allies and allies the world. this is why we're very honored this able to host conversation, you know, frank about the nversation situation in spain with the just briefly t me introduce you before we get into the matter at hand. you've been the bass since april 017, when you presented your credentials to president trump, o i guess it's kept you busy since then. before you were the minister of 2011 e of spain, between and 2017. and you're a lawyer by profession so you've had different ives and perspec

two big banks have already relocated away from catalonia at least on paper spain's fifth largest lender sabbath and its third largest bank like catalonia as winemakers they fear that if the region split from spain they'd be cut off from the security of e.u. law and they'd be out of the euro zone. to a country that has declared independence at least from the e.u. yesterday the british prime minister told the parliament in london that the ball was now in use court but many banks in london are not waiting to see what will happen they are already moving their european operations to cities like frankfurt here in germany so they can keep access to that you the affected bankers want the best for their families so they are now in a rush to find apartments and schools and kindergartens for their children. some ten thousand new jobs are expected to spring up in the frankfurt area as a result of breaks in. real estate broker stefan pointing observed developments from up high and senses change in the air. but believed that fund of course breaks it will boost frankfurter will be renting an extra fif

to some it's democracy to others it's illegal separatism in spain's autonomous region of catalonia a controversial independence referendum has created a major political crisis. in barcelona regional ministers and members of parliament but their guests are fighting for custom only as independence. but there's ambitions are not shared across the region many want to remain in spain. concerning his bid for independence has left the region and spain deeply divided. in the eye of a political storm all appears quiet. inside the catalan parliament in barcelona m.p.'s like alba very gays should be debating but their session has been suspended . so this is a cuddle and parliament and it's empty today because we should have now a plenary say sure that it was suspended by the constitutional court this banished constitutional court so they say they are trying to spare our activities they are trying to tell us what we can talk about and why do we are not table to talk about and that's not fair and that's not democratic and i sing we have the right to decide what we want to talk about in particular

its bills and that's not just in recent weeks but for months how is that possible given that catalonia spain's most affluent region. you know i'm also a bit surprised and i would take it with a with this with some caution was really true because it when you look at public funds in spain in general they've clearly improved it does not really make sense also given that the loony economy accounts for more than twenty percent of the spanish economy so the the cotillion part is really extremely healthy so what the financial problems of the region government should be i don't really know ok well going by your assessment of the catalan economy do you think that catalonia could actually go it alone economically. on paper you would say yes but let's not forget if cotillion you would really go independent it also means what kind of currency would they have they cannot keep the euro so they would have to go for own currency so there are many perils of similarities with the with the brics that situation so on paper sure it's a strong economy but probably ones that a lunar would would go for independence w

and i don't want that catalonia go out of spain.e we spoke to here was catalan but people came from all over spain in the name of spanish unity. this crowd is emotional, excitable and passionate because this is all about identity. their identity. whether catalonia remains in or outside spain but the power of emotions aside, today is also all about politics. the question here for the spanish prime minister, will he wait for the catalan government to declare independence or act first? his answer in a rare televised interview today... translation: be absolutely reassured, the government will prevent any declaration of catalan independence from turning into something real. spain will continue to be spain. it is what the majority of spaniards want. maybe but catalans remain split fween familiar lanes friends where tensions remain this week. i'm worried independence will happen in 48 or 72 hours and i haven't heard have a clear expansion of how things are going to woncht i don't know if i'm going to be in europe, if i will be using the eu

catalonia or spain with a similar maturity. i'm going to pick out 2020. you the spread is about 300 basis points. which one do you hold through 2020? catalonia or spain? oksana: not touching that one. [laughter] george: i'm off-line on that one, too. jonathan: luke, you have to give me one. luke: you would have to go with spain. jonathan: there we go, we really appreciate your time. oksana staying out of trouble alongside george and luke hickmore at aberdeen standard investments. from new york, that does it for us. we will see you next friday at 12:00 new york time, 5:00 p.m. in london. until next time, have a great weekend. this is "bloomberg real yield." ♪ so we need tablets installed... with the menu app ready to roll. in 12 weeks. yeah. ♪ ♪ the world of fast food is being changed by faster networks. ♪ ♪ data, applications, customer experience. ♪ ♪ which is why comcast business delivers consistent network performance and speed across all your locations. fast connections everywhere. that's how you outmaneuver. ♪ david: coming up, the stories that shaped

casa has used the region is also important in the chemical and pharmaceutical sectors without catalonia spain would slip to fifteenth place in the world ranking of the strongest economic countries behind mexico spain has been on a successful path to recovery following its debt crisis a few years ago but catalonian independence would not explain of course. british authorities call of the biggest ever peacetime repatriation more than one hundred thousand travelers are looking for a way to return home after britain's monarch airlines collapsed on monday the several every asian authority said it has leased thirty aircraft to transport customers scattered around holiday destinations ranging from turkey to spain and sweden citing intense competition and a weaker pound monarch is the third european airline making a financial crash landing this year. it was a familiar sight at british airports for fifty years but that changed overnight the demise of monarch airlines was announced in an early morning online message from britain's civil aviation authority passengers were left without a flight home most

and you got what are some of the biggest risks are full catalonia of spacing from spain. t there are number of risks and uncertainties unlike eu membership mentioned in that's package it would be difficult for because i don't catalonia. to convince all members including spain should apply independently for membership dropping out of the block would raise the cost of exporting goods from catalonia to other eu nations. it would also make it more expensive for catalonia to borrow. lost meps and the snp both downgraded the region's credit rating. further downgrades may be in store. now catalonia has amassed one of the largest public debts in spain's regions accounted for thirty five percent. of its gdp another sixteen percent of spain's tickled that. but khan economists have warned that the out the ongoing political crisis could mean that the country's national debt would rise up to hunt all te catalan crisis seems to be limited. toto spanish stocks and other major european markets and that the week in the green driven by robust corporate earnings. abouout the spanish turmoil

without catalonia spain would slip to fifteenth place in the world ranking of the strongest economic countries that would put it behind mexico. now regardless of how this plays out in spain yes it isn't and brutal police response don't instill confidence seemed suddenly weighed on the euro let's get some market reaction now from in frankfurt the house this by the she called to me which is still recovering from years of recession going to cope with this uncertainty. it's going to be difficult it depends on how long the uncertainty lasts and whether it's just an uncertainty or whether there will there will be further escalation of the conflict in the north the government in madrid and separatists intent on making their point nobody really knows where that's going and that's a major worry not affecting really the markets in a major way today lots of marks of sin europe indeed gaining just a little bit but the longer this takes the more worrisome it becomes still i don't think anybody who knows spain and who is watching the situation is counting on spain going back into recession because

spain thanks to reason and the law everyone wants peaceful coexistence between catalonia and spain local media said the public prosecutor could order to months arrest as early as monday with tensions still running high there's little sign of any end to the crisis. let's go to barcelona now where. a story for us charlotte you were at today's demonstration what did she say. by that's right friday was a chance of those who have full independence to have their say today was the chance for those who are against it and they really did send a strong message they turned out in their hundreds of thousands police say they estimate three hundred thousand people were here activists put that figure close to a million they were draped in spanish flags they were chanting spain should be united viva spain it was a very peaceful it must be said there were any minus scuffles here just on the square behind me towards the end of the prison protests but other than that it was extremely calm that shouldn't mask the fact that people here were angry and they were frustrated some were even chanting that belongs

without catalonia spain would slip to fifteenth place in the world ranking of the strongest economic countries that would put it behind mexico so what does that mean for spain's economy and the earlier we spoke to our financial correspondent. to give us some perspective on the vote in spain and how investors are reacting. it's having two different effects or let's say the effect is of a different kind when you look at catalonia and the euro catalonia yes people are a little worried but not overly so that's a little bit surprising because usually when you have scenes like this in a big country like spain perhaps having trouble than the markets in the past have reacted more more sharply than this but all political risks that at the moment seem to be on the backburner and people are looking at the positive side of the euro going down now it's not going down by a huge margin but people are saying it's going in the right direction and why is that positive for equities because it makes products that euro zone companies all those acts borders for example here in germany but also in many othe

in barcelona in favor of spanish unity and against the sunday referendum on independence for catalonia spain's central government has vowed to prevent people voting in the referendum.

spain. and in this particular case of catalonia, the situation in inside catalonia and regarding their neighbors, the old neighbors, france, spain, in the middle regions before that, you hear that the cataloniaens have always been-- always been better when they were together with the rest of spain. if you-- when the kingdoms were united in 1492, catalonia was part of the kingdom, many, many years before. and when the principalities of catalonia married the daughter of a king, then since then changed that, catalonia was part of the others that were occupying catalonia. so, i mean, culturally matters, familial matters and we're the same people and we have the same interests and when we were in 1898 and we lost cuba and the philippines, catalonia was there and when we were invaded by the french, catalonia was made. and when we were in the beginning of this, catalonia was there. and catalonians felt spash-- in the time from '78 until now, the economic and social, in any respect regarding the rights of -- have never been as high as now. has to remind when these type of-- very typical of the nationali

according to 2014 figures, catalonia paid 9.89bn euros more into spain's tax authorities than it receivedquivalent of 5% of its gdp. meanwhile, state investment in catalonia has dropped: in 2003 the national budget allocated roughly 16% of investment to catalonia but by 2015 that had dropped to 9.5%. so if catalonia does actually leave spain it would have a huge impact on one of europe's biggest economies which is currently on track to grow by 3.1% this year. recovering from the recession and the financial crisis. with me is dr pablo calderon martinez, lecturer in spanish politics aston university what happens next? it is a bit of a mess. it is indeed. i suppose the cattle and government is going to declare independence soon and we will have to see how the spanish government reacts. i do not think they will take it very well but i think negotiation is the only answer. if you are independent are suppose you raise taxes but what is the first thing you do? the proof of it? first of all you have to seek — this is a big issue— seek recognition from other countries. they will struggle to that,

it's the latest twist in a political crisis that's dividing not only spain but also catalonia a crisis that seen both sides digging in and refusing to budge this is the catalan parliament where the region's leaders were expected to declare independence from spain on monday but spain's constitutional course has now banned their parliamentary session from going ahead the council president says he is representing the will of his people there were a majority of catalan voters did not take part in sunday's independence referendum the spanish government says he's acting outside the law by trying to enforce an illegal referendum result governments have missed the push to months messages a journey to nowhere because there is no democracy outside the law there is no clear existence there are no rights outside the law for a long time is to push demand has been living outside the law outside reality and outside sanity. in barcelona people say they just want the politicians to make a deal. i'm very well aware of the problem we're facing and the solution must be found this is like a divorce there's

catalonia has bid for independence has hit something of a road block spain's highest court has banned a parliamentary session in catalonia that had been scheduled for monday regional leaders signaling that they were going to use that session to declare independence from spain it's unclear however what effect the court's orders will have cattle on lawmakers have already defied a previous court ruling by holding last sunday's unauthorized independence referendum. it's the latest twist in a political crisis that's dividing not only spain but also catalonia a crisis that's seen both sides digging in and refusing to budge this is the parliament where the region's leaders were expected to declare independence from spain on monday but spain's constitutional course has now banned their parliamentary session from going ahead. the council president says he's representing the will of his people there were a majority of catalan voters did not take part in sunday's independence referendum the spanish government says he's acting outside the law by trying to enforce an illegal referendum result gove

but the principles of the european union are also claimed by those who oppose catalonia split from spain. semi well goes to a pro unity rally attended by some three hundred thousand people they believe that the region will be better off staying with spanish. was. but the rally merely serves to expose the deep political and societal divisions in catalonia competing politics nationalities and realities expose. in the streets. that consumes me i'm concerned about the children and the young people and that we've always lived here happily together was ok but now the kids are being taught a false history. they've made up all kinds of things and that's causing cut on kids to hate spain. davis of reminders from spanish history these are veterans of the spanish legion many in spain still have some sympathy for franco's military regime. the unity of spang cannot be bought or sold we are all one and we are all working together. that a bit like the catalan separatist government in jail that would solve everything it's again as if it. was a pro independence friend join sammy well at the rally and is

has used here the region is also important in the chemical and pharmaceutical sectors without catalonia spain would slip to fifteenth place in the world ranking of the strongest economic countries behind mexico spain has been on a successful path to recovery following its debt crisis a few years ago but catalonian independence would not explain of course. so let's get the market perspective on this story now what he joins me from the frankfurt stock exchange only how big a story is this referendum and the controversy around it for investors. it's the biggest story of the day of this beginning week but at the same time it has left a relatively few marks here in the markets the euro is down we just saw that the spanish stocks are down the bonds are down but there's no sell off there's no sell off anywhere so nobody is really assuming that this is going to become a big crisis and one of course is from what a strong position the spanish economy is coming from three point two percent growth last year forecast two and a half percent here so people i think are just assuming that there's a lot of pot

spain in crisis. catalonia's politicians trigger independence, but the national parliament approves imposing direct rule. catalonia's pro—independence politicians opt to split by 70 votes to ten — but the ballot is boycotted by the opposition. cheering. joy on the catalan streets — where earlier this month 90% of those voting in a referendum supported leaving spain. cheering. the spanish prime minister calls an emergency cabinet meeting, and urges the country to remain calm with spain now facing a huge political challenge, we'll be asking where this crisis goes next. also tonight... christopher lythgoe appears in court accused of encouraging the murder of a labour mp. has the nhs learned the lessons of the cyber attack in may that saw operations cancelled and gp surgeries shut? and england cricketers deny a drinking culture in the camp as they focus on the ashes in australia. and coming up on sportsday on bbc news, defeat for england in the opening match of the rugby world cup. they were beaten by the hosts and d

transporter spain's prime minister says he's prepared to suspend catalonia or self-governing status if separatist leaders declare independence i know he says he will take a hard line to keep spain united. we have to return to legality and the key is to do so quickly and go back to normal have the absolute reassurance that the government will prevent any declaration of independence from turning into something spain will continue to be spain and it will continue being spain for a long time hurricane makes has made landfall along the u.s. gulf coast evacuation orders have been in place in several states since saturday the mayor of the. city of new orleans has declared a state of emergency nato has already hit parts of central america killing twenty five people now people have come out to show support for the families of victims survivors and the emergency teams who responded to the shooting in las vegas there were also calls for stricter gun control. well those were the headlines the news continues here on al-jazeera after counting the cost of that sort of. thing with documentaries that o

in a huge show of support for the unity of spain and against plans for the independence of catalonia. spain'sy a referendum on independence for the wealthy north—eastern region. spain's prime minister has warned of "drastic action" if that happens. 0ur europe editor katya adler reports from barcelona. viva catalonia! viva espana! catalans who oppose independence from spain call themselves the silent majority. today they made a lot of noise. we want to stay together. we don't want to break this country. i am catalan. i am spanish. and today i'm here because i'm very proud. and i don't want that catalonia go out of spain. everyone we spoke to here was catalan but people came from all over spain in the name of spanish unity. this crowd is emotional, excitable and passionate because this is all about identity, their identity. whether catalonia remains in or outside spain but the power of emotions aside, today is also all about politics. the question here for the spanish prime minister, will he wait for the catalan government to declare independence or act first? his answer in a rare televised int

ina clear, institutions of spain and catalonia. ar, definitive way, put themselves outside the rule of law and democracy. tried to break the unity of spain and national sovereignty, the right of all the spanish people to decide democratically life together. in view of this extremely serious situation, this requires commitment from everybody. it is the responsibility of the legitimate powers of the state to make sure legitimate law is abided by. the rule of law and the self of catalonia, based on statutes of autonomy, i want to also today get several messages to the spanish people but particularly the catalu nya people but particularly the catalunya is. people but particularly the catalu nya is. the people but particularly the catalunya is. the citizen of catalonia, i want to repeat that for decades we live in a democracy that offers constitutional roads, so that anybody can defend his ideas, within respect of the law. as we know, with out at respect for the law, no way of living together under democracy, peace and liberty. not in ca

now spain is desperately trying to hold the drive for independence in catalonia that threatens to be rail its economy millions of catalans hope an independent country would remain in the european union sitting between france and spain but would things really go as smoothly as they believe is largely from barcelona. the wisdom of the crowd is difficult to resist particularly when the atmosphere is as relaxed and happy as it has been in barcelona. the singalong here is to a protest tune dating to the franco dictatorship when catalan traditions were systematically repressed that every teenager knows the words speaks volumes about the historical enmity toward madrid so secession beckons can catalonia go it alone why not give it a try they say democracy is pure and beautiful they think spain is a proper democracy. now it's not when they are. believing that they have the power to shut us out of it as coming up and beyond the economy and keep in mind our money and their markets are. you know they're spending the money that they are shopping for the things not hard for everyone. to leave spai

because i love catalonia, i love spain, and i love europe. ars, these people have felt overshadowed, and overridden by pro—independence campaigners. they now see this as their chance to change the balance of power in catalonia. this crowd celebrates the government's sacking of catalonia's pro—independence authorities. for the first time in four decades, this region is being ruled directly by madrid. what do you think about the measures the spanish government has taken? i think we have to take these measures, and we don't want to arrive to this situation, but i think we have no option. i am catalan, 100% catalan. i live in madrid. i came to demonstrate and to please keep together with spain. jail to carles puigdemont, the crowd chant. put him in prison, this woman says. but the way all the pro—independence politicians. ears like a dictator. we will vote, so the card. there will be a vote in december, an opportunity for the side to pick leaders they want to stay in spain. so far, here, direct rule from madrid has not notably changed life in cata

will catalonia remain peaceful people in northern spain are keeping a close eye on the situation but only a minority in the box community are demanding independence. whatever happens in catalonia it'll be good for us we're headed in the same direction we've got to do something. in any case basques do not want to return to the violence that tore the region apart in the late one nine hundred seventy s. . hope it could happen here like it did in catalonia but it could also be worse more radical like it used to be i just don't know. i'm not worried just the opposite in fact people just want to stand up for themselves and when their freedom. in. catalonia could set an example for similar regions will they send a message to other independent movements in europe. before we go to europe so let's stay in spain because you were talking about the the architecture of the spanish state how fragile is that architecture the constitution of seventy eight is just so it's not ready yet it's has to be reformed clearly we have seventeen regions yes and at the very beginning only a few of them verse oppos

after a day of some confusion in catalonia, spain this evening stands on the brink of a serious clashithering, the catalan president carles puigdemont decided not to call an election. instead, he said the catalan parliament will decide on whether independence should be declared. the vote is expected to happen tomorrow. meanwhile in madrid, the spanish senate will also vote on whether to invoke article 155, allowing the national government to take control of catalonia. a test of strength may follow, who will the police in catalonia obey?