e.u. concession to south american beef producers $99000.00 tons at a lower tariff of 7 and a half percent european beef producers say their market is already tight and they'll now have to compete against low cost producers. in the eyes of the german farmers association the e.u. is favoring car makers above everyone else. other critics point to brazil where president has slashed regulations since taking office this year new markets for south american products could mean more environmental damage and lower food standards they say trade officials in brussels say the deal abides by the paris climate agreement and speaks to emissions labor standards and even deforestation they say food inspection controls are already in place others warn against the knee jerk reaction when somebody put the chinese we are not protectionist the reality of our country is not protectionism. i asked those who are against any trade agreement to explain to me how they will dress eat travel let's say the deal still has a long way to go before entering full force it needs approval by e.u. governments the european parli

e.u. is considering possible concessions.utin's huge military buildup left the defense industry with a debt hangover. he spent $300 billion buying weapons but the deputy prime minister says companies are spending as much on annual debt payments as they make and profits. the kremlin plans to write off some of the debt but not all. global news 24 hours a day, on air and @tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i am viviana hurtado. this is bloomberg. check,ickly to the data somewhat quiet although weak sterling. oil.ack under 60 american the vix, 12.61, grinding ever lower. stirring -- sterling cannot find a bid. nejra: u.s. equities will find a bid, futures unchanged. forx 600 struggling direction. yield droppingd and cable down. conversationte with our chief washington cirilli,dent, kevin perspective on the uproar in washington. what is your observation on a tuesday morning after a fractious weekend and monday? kevin: here we go again. republicans increasingly aren't c

most difficult at any time in the past three years, with the british team seemingly bullying concessions. the e.u. is bracing for the appointment of boris johnson as prime minister. he has threatened to quit the e.u. with or without a deal. "thef the producers of wolf of wall street" movie has returned more items allegedly bought with money stolen from malaysia's 1mdb state fund. joey mcfarland handed over several watches, artwork and movie posters. he said he received them as gifts from the malaysian fugitive financier and did not know they have been bought by illicit 1mdb funds. global news, 24 hours a day, on air and at tic-toc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. i'm still annoying. this is bloomberg. ♪ david: yvonne was printing this out earlier, this is d.c., that is renminbi. 120. yesterday we had numbers out of china. the steel industry. , defied a slowdown, boasted another month record production. this is a look across that specific yuan contrast. oil on the other hand, showing $60 a barrel in new york into where we are right now here in t

e.u. stands to profit disproportionately. in my opinion has made more concessions than the european union has and that applies to goods and services government contracts investments and intellectual property. and complete analysis will only be possible when we have the details. while opinion on the ground is mixed argentina's government has high hopes that the deal will spur job creation and development for years to come. and let's go back to europe where amazon employs that 7 of the company's german locations went on strike on monday demanding higher wages the strike was scheduled to coincide with amazon's so-called prime day that's a 2 day discount event on retail giants german workers earn a minimum of 10 euros and $0.78 per hour for the labor union verity says amazon is only able to offer discounts to customers because it doesn't pay its workers fairly . and that's it for me in the business team going to course find out more about these and other stories at d.f.w. dot com slash business or on social media which would or facebook i'm seeing bears in berlin thank

e.u. is considering possible concessions to the u.k. to avoid a chaotic no deal brexit. ey brace for more hostile brexit talks under the next british government. e.u. officials say last week's meeting was one of the most difficult meetings of the last three years, with both boris johnson and jeremy hunt echoing that in a live debate organized by "the sun" newspaper. >> we promised readers, talk radio listeners up and down the country, that we would be out by the end of march. we betrayed that trust when we failed to do that. >> brussels will get at long last from me, they will get somebody who has that clarity of vision. if you get this wrong, you will end up in an election before brexit. the one person who will never deliver brexit is jeremy corbyn, and that will be the most dangerous thing of all. >> i also agree that there is no need whatever do have hard infrastructure, to have physical checks at the border in northern ireland. >> the reason we have not gotten to where we want to get to buy this stage is not because of calm leadership, which i think theresa may did sh

e.u. is considering possible concessions to offer the u.k. to avoid an expectedly chaotic no-deal exit.for european commission president, ursula von der leyen said that she's open to a longer brexit delay. this comes as e.u. brace for brexit talks to become more hostile under the next british government. yesterday both boris johnson and jeremy hunt echoed this hardening stands in a debate organized by "the sun" newspaper. >> we promised readers, listeners up and down this country we would be out by the end of march, and we betrayal distressed when we failed to do that. >> brussels will get at long last from me somebody who has that clarity of vision. if you get this wrong, you will end up in an election before brexit. and the one person who will never, ever deliver brexit is jeremy corbyn, and that would be the most dangerous thing of all. >> i also agree that there is no need whatever to have hard infrastructure, physical checks at the border in northern ireland. >> the reason we have not got to where we want to get to buy this stage is not because of calm leadership, which i think the

e.u. all going to give some concessions they want to give may i think it's highly unlikely you need to have any chance of getting a deal 3 not least the process of labor and somewhere if a bit worried about potentially one thinks a package deal i'm very very skeptical that when push came to shove they would end power for strengths and allow him to deliver price and then centrally buy back to the country research thank you very much geared toward what will be following this throughout the day it's very hard to predict exactly what will happen in parliament but so for now thanks very much today in the debugger in the divorce. been explosions across the emmons couple center after a string of some of the year he led air strikes we do in saudi arabia says a coalition jet fighters targeted who the military turns destroying their defenses and missile storage sites there are no reports of casualties but it comes after a series of drone attacks from yemen's who the rebels are targeting airports in the south of saudi arabia passmore from some of. the have targeted the. what is known the 21st park whi

time in the past three years with the british team seemingly trying to bully its way into new concessions. the e.u. is bracing for the expected appointment of boris johnson as prime minister. he threatened to quit the e.u. in october with or without a deal. its nuclearise program back to the state is reached before the 20 14th your was signed. tehran said it may cap with from obligations in the agreement -- 2014 deal was signed. tehran said it may -- the e.u. says there is still time to save the deal. >> we would see how we can, together with all the member states, and with the rest of our international partners, preserve the nuclear deal with iran and put in place on the measures is so iran can go back to compliance as it has been so a few weeks ago. ritika: the e.u. is bracing for billions of dollars of u.s. tariffs. a dispute over aircraft boil.ies comes to a brussels expects the wto to give washington the green light to impose measures of up to $7 billion. duties may be announced in the coming weeks and food products may also be targeted. the move would add to u.s. tariffs already imposed on e

e.u. not to bend at this point. we are very close to actually getting them to sit down and make something meaningful concessions in their programs. then we have to also be diligent insuring the russians and chinese in particular are not trying to break these sanctions. the bottom line is, unless they make meaningful concessions, that deal we got out of. the reason why it was such a bad deal, there was a lot of conflicts. the reason why it was such a bad deal is we had no verification ability, no inspection ability on any military facility. the obama administration because they were desperate to have this deal agreed. when people talk about the verification process was working. yes, it was working for the sites the iranian government allowed to have looked at. trish: you heard secretary pompeo and the president saying i'm here by the phone, pick it up and call me. they say they want to negotiate. but they don't really. where are we heading? >> i think we are heading to an actual negotiation. i am trying to be optimistic about this. with the caveat, the potential for that risk for something to go sideways because of a mis

e.u. suddenly being in a position where they're going to have to concede that iran has broken its commitments to the deal that would be a concession that their diplomatic powers of collapse would be a huge blow to their diplomatic credibility and they would be very worried indeed about the possibility of iran having a nuclear weapon is something that of course this deal is supposed to prevent the problem is that the european powers have not yet come up with some sort of method or mechanism to shield the iranian economy from the full force of u.s. sanctions they put in place something called in stakes it's a payment system that quanta was dollar payments that allows for some trade between europe and iran so far it can only be used for humanitarian goods or some medical goods food and aid it is not enough to try and persuade big multinationals like the french oil giant total to do trade with iran again and risk u.s. penalties and that really is the problem because european powers simply haven't managed to come up with something to shield the iranian economy from the full force if u.s. sanctions and in a way iran is certainly turning

concessions on illegal settlements yet to be announced in the u.s. peace proposals. european council president alters because arrived in georgia for the international conference on e.u. eastern european relations meanwhile demonstrators are continuing to rally outside the parliament building demanding an end to what they call pro russian policies hundreds of people have been injured in clashes with riot police since protests started 21 days ago and recent reports. the numbers of people turning out every evening to rally in front of parliament becoming smaller yet the message remains persistently strong. hundreds were injured by police in demonstrations after a russian m.p. addressed the georgian parliament an event which protesters say shows how the government is becoming pro russian it's this violence that gave momentum to the protests some police officers were suspended for their actions this protest is an historian who ended up detained for 3 days along with more than 300 others he says he was one of many who did nothing wrong along with a polish man just cut my browser and wanted to he came at the head with a stick and i managed to block hand saying to beat him a

e.u. suddenly being in a position where they're going to have to concede that iran has broken its commitments to the deal that would be a concession that their diplomatic powers of collapse would be a huge blow to their diplomatic credibility and they would be very worried indeed about the possibility of iran having a nuclear weapon is something that of course this deal is supposed to prevent the problem is that the european powers have not yet come up with some sort of method or mechanism to shield the iranian economy from the full force of u.s. sanctions they put in place something called in stakes it's a payment system that quanta was dollar payments that allows for some trade between europe and iran so far it can only be used for humanitarian goods or some medical goods food and aid it is not enough though to try and persuade big multinationals like the french oil giant total to do trade with iran again and risk u.s. penalties and that really is the problem because european powers simply haven't managed to come up with something to shield the iranian economy from the full force of u.s. sanctions and in a way iran is certainly

perpetual negotiation many concessions will be needed in the next decades to come and it's being increasingly described you know as a game of chicken being played by boss johnson and the e.u. on the other side of course this isn't a game who would you say is going to be the big and loser here if we're really looking at russian leaving the e.u. without a deal you know. it's obvious that the u.k. is going to lose all its more but the question is does that matter if there are 20000 job losses in germany's car manufacturer industry does it matter that there are 40000 job losses in the u.k. or does it not matter at all i think the 2nd the only thing that matters is that there is going to be a lot of damage according to some estimates are it would be hit economically harder than the u.k. itself as a result of no deal breakers it so even if the e.u. as a whole is going to lose less from a no deal then the u.k. single countries that are crucial to prevent no deal like ireland may be hit more badly so so i think that's the real thing you have to look at as a clip to thank you very much for your time on this we do appreciate and that is to have a live in brussels thank you. now the

e.u. suddenly being in a position where they're going to have to concede that iran has broken its commitments to the deal that would be a concession that their diplomatic powers of collapse would be a huge blow to their diplomatic credibility and they would be very worried indeed about the possibility of iran having a nuclear weapon is something that of course this deal is supposed to prevent the problem is that the european powers have not yet come up with some sort of method or mechanism to shield the iranian economy from the full force of u.s. sanctions they put in place something called instead it's a payment system that quanta was dollar payments that allows for some trade between europe and iran so far it can only be used for humanitarian goods or some medical goods food and aid it is not enough though to try and persuade big multinationals like the french oil giant total to do trade with iran again and risk u.s. penalties and that really is the problem because european powers simply haven't managed to come up with something to shield the iranian economy from the full force of u.s. sanctions and in a way iran is certainly tu