the bbc's andrew walker.gamergers, as the london stock exchange bosses are set to meet in the coming days to discuss a surprise takeover bid from its hong kong rival. market commentators have already poured coldwater on the 39 billion us dollar proposal, saying it will face opposition from shareholders, regulators as well as politicians. of course, recent history shows us the difficulties facing the bed. since 2000, there's been seven failed takeover attempt for the london stock exchange. earlier i asked an investment analyst whether this bid can succeed where so many before it have failed. we don't think it will actually go through in the end. there'sjust we don't think it will actually go through in the end. there's just too many obstacles in the way of the deal. firstly there's the political issues, because giving up one of your most iconic stock exchanges in europe, especially to a china linked foreign entity, will be extremely ha rd foreign entity, will be extremely hard for approval. why purchase the lo

week's big business stories, including mario draghi's economic box of tricks with our very own andrew walkermarket chain sainsbury‘s has pledged to halve plastic packaging by 2025. today we want to know what steps, if any you have taken to reduce your plastic waste? let us know — just use the hashtag bbcbizlive. hello and welcome to business live. we start in the finnish capital helsinki, where climate change is top of the agenda for eu finance ministers as they meet over the next two days. the european union wants to be the first major economy to go climate neutral by 2050. one of the big ideas under discussion — reforming the tax system to give more incentives to clean energy and penalise fossil fuel use. researchers are warning that 7% of global gdp will be wiped out by the end of the century if no action is taken to reduce carbon emissions. governments have pledged to limit global warming to 1.5 degrees centigrade above pre—industrial levels. that's considered the threshold before dangerous changes to the world's climate take place. the uk's committee on climate change has warned it's 50

next here's the bbc‘s economics correspondent andrew walker the european central bank clearly sees thet again and the press conference, that the inflation is too low in it is going to ta ke inflation is too low in it is going to take some time to get back to the target. in addition, the cbo economist have lowered their growth over the coming years and we know in any case the euro zone of the largest economy is either germany, either in recession or very close to it. there is no question, the ecb are worried about the economic outlook in the measures they have taken dojust outlook in the measures they have taken do just underlined that concern. i noticed there is no time limit on these measures. is that normal? certainly in the past this ecb has indicated with is quantitative easing the business of buying financial assets with newly created money. it set some sort of indication of the likely timescale. it has never tied his hands, it has been clear that if it thought it necessarily go beyond the timescale but this time there is no data mention at all. that is something i think that is a

andrew card is a person you may remember who served as chief of staff under george w. bush. prior to that served as secretary of transportation under george herbert walkerh and acting of the school of policy at a & m and serves as president of franklin pierce college in new hampshire where he resides, a graduate of university of south carolina. thank you very much for coming. [applause] >> so, we were going to have opening statements, but i thought they'd be too boring and long so i've gotten rid of that. we're going to go to questions and try to make this a lively conversation about the majority rule and minority writes and obviously, democracy, you can say, started more or less in ancient greece where they recognized the majority rule, but minority rights had to be protected. and figuring out minority rights is not that easy. annette, let me ask you a question. thomas jefferson wrote a sentence some say is the most famous, we hold these truths to be self-evident that all men are created equal. how could he have written that, he had two slaves with him and 200 slaves that he owned and how did he mean when he wrote all men are created equal? >> i think