they're looking for an eu wide asylum system. but that wouldn't commit them from staying in that country. they would then be matched up with another place in europe. but at the same time, the eu would be looking as well as ways to identify people they believe are not qualified to receive asylum. and if it is believed by eu officials that a person has come to the union purely looking for work for economic reasons, they would not be granted asylum. but obviously how this mechanism would work needs to be worked out in more detail and we're expecting to hear more from european leaders on this very subject on the 14th of september in brussels. lives in bancock. just bring us up to kate on the boat. what does this all mean? is so hopefully for the thai people, a referendum. but a rewriting is going to take six months so now of course there's a lot of september schism from people saying this is really asia rat. it's very much undemocratic. there's concern about people being able to have their say. it was hitting for a national referendum

[applause] >> for more on this story, let's talk to an eu expert. thank you for being with us. what do you think of juncker's refugee plan? do you think it's enough? >> it is certainly a try. i don't know if it's enough because the situation is dire. the number of refugees or migrants coming to the shores of europe or through the balkan countries is a norm us so it is difficult -- is enormous so it is difficult to know if the planet juncker wants to implement will be enough. there is an attempt from the european commission to do something and to try to mobilize the member states around this program, whether they will agree to it is unclear. some member states have indicated they are against compulsory relocation within their country. it is very delicate at this stage to know whether the juncker plan is enough. >> minutes after juncker's speech, the czech republic said the quota system is not a good solution. other country like hungary do not want to share the burden. what can eu officials do to convince them? much the eu can actually do. there are two things that need to be bro

it is another one of those long nights, an eu summit.e ask you about these comments from the leaders of slovakia and the czech republic. they have been open and direct about how they feel about the deal. the minister of c the czech republic says it goes against common sense. >> the thing is, this is eu law now. what they decided on tuesday night, the interior ministers, it has been approved by the eu parliament, eu ministers, and part of eu law. it's not even on the agenda. they could not revoke it if it were on the agenda. they are barking up a tree there. >> maybe it is an opportunity for them to vent tonight. what is going to come out of this summit? is this basically trying to smooth the edges and calm the nerves? >> they are focusing on things they can agree on. that leaves the whole quota discussion and where we should put the refugees out of the picture. it is about the foreign policy aspects. that is where everyone agrees. they need to slow the flow of migrants. the current flow is unsustainable. they are focusing on how to do so

. >> the migrants are in an eu country.hey are threatening to veto the bid to join the area as tensions over the flow of migrants escalate on both sides. the croatian political elite was dumbfounded when i said relations are at a low point. i was too optimistic. i can say our bilateral political relations are at a freezing point. these refugees are caught in the middle of shifting migration policies. they are checked one by one and hungary's order and it looks like they will be stopped completely buy a new barrier. the second stretch of barbed wire fence budapest is ordered built. >> border, hungary is not backing down on the hard-line approach to this. what are you seeing right now? >> it is hard to say but if i didn't see it myself, i couldn't believe it that a european country, i see families trying to put their children to sleep on the bare ground. they are queuing up again in a long line of people. trying to get inside it. there are probably 4000 people stuck in there. the conditions are stable. it there is enough food

this despite the british prime minister's earlier refusal to join an eu wide quota system. >> the primeinister said the 20,000 more syrians would begin in shelter in britain over the next five years, putting it out as a gesture of support in the face of a huge problem. >> this will continue to show that this is a country of extraordinary compassion, always standing up for our values and helping those in need. >> at a news conference in paris, francois hollande said that his country would take in 4000 refugees over the next four years. >> histories marked with generations of refugees and asylum who have come here to make france with us. the right to asylum is a fundamental aspect of our institutions and written in the preamble to our constitution. every person, persecuted because of their actions, has the right to freedom and asylum in the territory of the french republic. >> in the meantime, both paris and london are driving forward efforts to end the civil war in syria, which they see as the root cause of the crisis. paul britton carries out an airstrike on militants in syria, francois

> the french president is in agreement with angela merkel, he said his country will participate in an eu wide system. proposing distributing 120,000 people over the next few years, of which france will take 24,000. we will do it as a mart of principle and because it is part of a proposal that we ourselves put forward. >> several of the refugees and migrants who have arrived want to move on to britain. this is calais where they wait for opportunities to cross to southern england. so what of the british government? the prime minister has been coming under criticism for not doing enough. in parliament he announced a proposition. >> we proposed to settle over 20,000 refugees over the rest of this parliament. in doing so we'll continue to show the world that this country is a country of extraordinary compassion always standing up for its values and helping those in need. >> some countries are giving ground. although the number of refugees they're talking about accepting are still only a small fraction of the hundreds of thousands who have traveled to europe this year. barnaby phillips, al jaz

all this comes ahead of an eu leaders summit set to begin later this week on wednesday. here is more with our brussels correspondent. >> one can never predict what goes on behind closed doors, but the fact that france and germany 120%,ck in the deal, means it could fly. bitter speeches were given, blaming eastern european countries for dragging their heels on this issue. in fact, it is a strange deal, or in the words of the slovakian head of state, the most unprecedented deal in eu, european history. despite that, they will still faceto participate or exceptional circumstances for not participating. the commissioner in charge of the treaty will have to observe the implementation. faced with the seriousness of this crisis and the international pressure from ngo's, they decided to do it that way. thousand comes on top of the 40,000 agreed to last week. but according to ngo's, that is a quarter of the people coming into europe at the moment in need of international protection. the commission officials are aware of this, but for them, they believe this legal document that th

this despite the british prime minister's earlier refusal to join an eu wide quota system. >> the primeinister said the 20,000 more syrians would begin in shelter in britain over the next five years, putting it out as a gesture of support in the face of a huge problem. >> this will continue to show that this is a country of extraordinary compassion, always standing up for our values and helping those in need. >> at a news conference in paris, francois hollande said that his country would take in 4000 refugees over the next four years. >> histories marked with generations of refugees and asylum who have come here to make france with us. the right to asylum is a fundamental aspect of our institutions and written in the preamble to our constitution. every person, persecuted because of their actions, has the right to freedom and asylum in the territory of the french republic. >> in the meantime, both paris and london are driving forward efforts to end the civil war in syria, which they see as the root cause of the crisis. paul britton carries out an airstrike on militants infrancot reconnai

foreign ministers was the need for some kind of comprehensive european policy that there should be an eu coordinated policy, that there should be some kind of rules or norms that everyone applies rather than this very disorganized situation at the moment whereby individual countries seem to be doing their own thing. you have the countries that are receiving the refugees, places like greece and italy, who are struggling. obviously we've seen how hungary is struggling as well. yet you have the countries further in europe, that in fact many of those refugees are trying to reach who don't have a coordinated policy with the front line countries. so that is one of the objectives. when you bear in mind the huge discrepancies, the huge differs in opinion, in position, between the different countries within the eu, for example, countries like germany, which said it will take 800,000 syrian refugees, contrasted with countries like the uk, hungary, poland, the check republic and slovakia, have expressed deep concern about having the idea of having a quota placed on them. it's difficult to see how i

imposed on countries who don't want them. >> thank you for inviting me and frankly i think achieving an euement will be difficult indeed and discussed resettlement before in european context and tried to find a way to distribute them across european countries and again and again they have been reluctant and to do so and they see asylum as part of sovereignty and see it as a security issue and see it as an issue related to the economy and very reluctant to be subject to some sort of overarching method for refugees and asylum seekers across the continent. >> how does one change the opinions, do you think resent demonstrations by people who want their policy makers to give more help to these refugees, do you think that has an impact? >> i think it does. i'm quite hopeful for the first time for many years working on asylum and refugees here in europe i think the people are beginning to show they are fed up with their politicians and policy makers for too long they have hidden behind the public vote and said we will not be open to migration and refugees in case there is a public backlash and wh

she's reiterated we need an eu eye to manage. >>> still to come, highlights of the speech coming up next> a very good morning to you. and welcome to "worldwide exchange." i'm wilfred frost. here are your headlines from around the world. shares in glencore surge over 10% after the embattled mining conglomerate announced plans to curb its debt. >>> china's foreign exchange reserves fall a record breaking $94 billion after the yuan intervention. the theli

toling have an eu investigation.heard this from other countries overnight, we also heard from italy saying they will retest 1000 cars. germany, on the other hand, is saying that the tests that are being used in the eu right now and in germany just are not good enough. many of those tests are conducted in a laboratories with prototypes. they are a little bit like self-certified mortgages, or the regulator relies on the manufacturer to give them the data. and germany, the environment minister they're saying the test needs to change. but you are exactly right. the eu has thrown their hat in the ring, joining the other countries saying that in this country, too, they will look at whether these devices were used to cheat. i listen to someone who monitors the secondhand value of volkswagen. he says he is not seen much fall off yet in those resale values. what are dealerships saying about the impact on their business? ryan: dealerships are very concerned. they have been getting many phone calls. at this point, there is not

sonic and toshiba winning their lawsuit against an eu antitrust case.toshiba was $31 million, although that was wiped out altogether. several other companies included in the case were samson and phillips, but they lost their appeal. apple's new products, will they help to turn around the slumping sales? something like 17% since february. brian stone gets hands-on. brian: remember that old iphone 6 you bought a year ago? well that is now the old outdated model. apple just introduced the new iphone 6s. the phones look familiar, the design is unchanged, but there is a new engine. 70%s running a new chip, faster than the iphone 6. iphone is heavily touting a new feature called 3-d touch. happens, like right clicking on a mouse, you get a series of shortcuts. touch does other things as well, press hard on a photo and it gives you a video. apple calls it live a photo. the iphone cameras are getting an upgrade. fromhave 12 megapixels, up 8. the selfie generation can rejoice, the front side cameras getting a huge boost. the new iphones come in silver, gray, and

she is calling for an emergency eu leaders summit. 29 minutes away from european trading. >> good morning. it has been a very good wednesday in asia. we have half an hour of trade left in china and we have seen once again that big swing coming through in the last hour or so of trade. the market in china was only up slightly, but it is now up by 3.2%. there will be a lot more speculation about whether we are seeing government intervention coming through. we have seen the games coming through on the hong kong hang seng index. up by 2.5% in late trade. the markets already closed did really well today. good gains coming from south korea, up 2%. the nikkei adding to yesterday's gains. saw200 reversing losses we yesterday. a little bit of weakness coming from jakarta. for aia was closed today public holiday. here are some of the major movers. all korean stocks. samsung engineering reported it both try again to make -- of those companies do very well. samsung engineering have in its best day since 1970 -- 1997. these were some of the losers,

under the headline asylum standards are an eu law but are they in our hearts he calls on european nations to move past political bickering and have the courage to work together to solve the problem. in india's the hin durvetio lyne poor immigrant who wishes he stayed home. must adopt a more humane policy on the refugee crisis or be overwhelmed by its magnitude. >>> imagine throarng play baseball with onlearning to pla? now playing contradict, guide thguide ofguide thedespitethe o. >> sharia became seriously ill when he was a young child. no idea what was wrong with him. but his family took him to a witch doctor. after drinking a positions, his leg turned black and it had to be amputated. >> there's always been a distance between me and the rest of society. when i was a chaild, n child nod play sports with me they would say i couldn't play properly. >> this week, sharia is proving them wrong. he's playing a cricket tournament. a shorter faster version of the game. >> seeing this player and think hey, i can't do the two. >> the bangladeshi players have had almost no access to facilities gea

had suggested putting border control under an eu agencyadimir putin would like the u.s. to attack islamic states but he is willing to go it alone if the u.s. says no. russia's president is preparing to launch unilateral airstrikes against the militants from syria. putin would rather have the u.s. and allies cornet the campaign to russia. the obama administration has resisted. china's president will meet president obama tonight at the white house. talks in d.c. could be mor confrontational than his appearances in washington, state. he visited boeing and spoke to some of the top business leaders. xi told her that entrepreneurs can bring the u.s. and china closer together. >> entrepreneurs are the driving force to promote development and entrepreneurship is an important story of strength to overcome difficulties. i hope they will fully leverage this with an enterprising spirit and bring more success stories to make new contributions to the growth of chinese and growth for the two countries. matt: the obama administration is at odds with china

we don't have an open border system the way the eu has. but obviously.rlie: what you think of the decision to take in more than he has before? we were taking in less than european countries. jeffrey: but more than the arab countries by the way. it is kind of stunning if you look at the numbers of refugees taken in by the arab states. zero. i don't mean to pick on saudi arabia but i will. it is amazing. the story of siri is a story of hypocrisy. he is responding to a pressing need. if you're the american president and you want to tell everybody, people are coming to america for advice you have to put up a little bit here. this goes to your question, the early decisions on syria. charlie: history will look at them as a failed opportunity. jeffrey: if the story of the bush administration is overreaction, the obama administration doesn't want to be remembered as a story of under reaction. charlie: in terms of the arab spring which shows that it is a go to for success, -- it is your decision, we applaud democracy where we see it, go to it, keep us out of it.

he says his country will participate in an eu wide quota system for refugees. >> translator: france is willing to do its part. the european union commission will propose distributing 120,000 people over the next few years of which france will take 24,000. we will do it. we will do it as a matter of principle and because it's part of a proposal that we ourselves put forward. >> reporter: several thousand of the refugees and migrants who have arrived in france in the last several months want to move on to britain. this is the camp at calais where they await the opportunity to cross the substantia channel to. the prime minister has been coming under criticism for not doing enough. in parliament he announced a new position. >> we are proposing that britain should resettle up to 20,000 syrian refugees over the rest of this parliament. in doing so we'll continual to show the world that we'll continue to show that this country is a country of extraordinary compassion. always standing up for our values and helping those in need. >> so some european governments are giving ground. although the n

there is an eu leaders summit today, several more meetings that will try and tackle this over the nextple of weeks. what is the most urgent single thing that european leaders need to do to respond? first is to accept that they need to share the burden. it can't all fall on either border states where refugees arrive, or the states they are choosing. europe as a whole needs to accept that and step up to it. a fair andolved in reasonable distribution of the refugees arriving now. including financial support from a central fund for the communities who are going to be receiving people. then alloesn't happen, states will lose based on their neighbors commitment to freedom of movement within europe. that can have a real economic cost for europe as a whole. the second thing i would say is of the upcoming summit, the focus needs to be the refugee crisis, not the broader questions of the economy. olivia: i apologize, we've run out of time. hopefully we can get you back on next week. thank you for both of you. iain begg and susi dennison of the european council on foreign relations. ♪ we live in

ahead of an eu meeting on the crisis monday angela merkel says all european countries must take in more migrants. >> we spoke exclusively to the leader of the party and asked him if u.k. prime minister david cameron should be doing more to ease the migrant crisis. >> social media may scream and a few actresses may scream and say we should be doing more. actually it's pretty clear that the vast majority of british public opinion says until we get a grip on current immigration levels we're in no position to do anything more substantial in terms of refugees. the other problem here, people are very skeptical and they're right to say, are these people refugees. very interesting. two comments in the course of the last week. firstly the slovakian prime minister said 95% of people coming into the eu aren't refugees. they're economic migrants and another comment from a very senior hungarian conservative. he said looking at the people coming through hungary are much better off and far richer than many of the people living in rural hungary. we have a tide of humanity coming over the mediterranean.

ahead of an eu meeting on the crisis on monday german chancellor angela merkel says all european countrieske in more migrants. i want to bring you flashes coming from the german finance minister regarding this issue. he is saying that germany to enjoy good economic growth this year and next domestic demand to remain german's economy growth pillar. they'll have to expect a longer period of lower interest rates. he has said tackling the crisis is a top priority and in terms of that he says he wants the refugee crisis to deal with this without taking on any new debt. saying the economy is strong enough to tackle the migrant crisis as things stand. right, let's discuss this further. joining us around the desk is hadley gamble. hadley still an on going crisis. the same thing every day. how are views shaping up around europe. >> we've had migrants come into europe. a lot of conversation about that and not as much about the security concerns. that's something we're hearing quite a bit. certainly here in the u.k. i had the chance to catch up with him and i asked him what would you say to people th

the prime minister also chiming in and saying we need to be in a place where we can have an eu-wide policy on this crisis. create a europe-wide asylum policy, he says. >> the reserve bank of australia has a record of 2%. the rba did not go into get detail on china and it's commentary. it saw weakness in a number of asian economies. the aussie dollar had some report but it's been struggling amid the falling commodity prices. we're joined now on the phone by david de garis. senior economist at national australia bank. i suppose the surprise change in strategy came last month when they changed their tune on the need to devalue the currency any further. that was maintained this month as well despite the fact that china was devaluing their own currency. did that surprise you? >> look i think they have been beating the drum pretty loudly about the aussie dollar but that saying that the aussie has come off quite a long ways in the past two months. it's a little bit weaker again in the early london session today and the fact that it might still be playing catch up to the commodity prices but movin

professional basketball player is hoping to play for the nba. >>> slovakia is threatening to ignore an eu deal. >>> the presidents of different countries are heading to burkina faso to help negotiate the end of the coup after the coup leader refuse to back down. >>> the u.s.-led coalition joined operations to defeat isil. the campaign involved air strikes in both iraq and syria. staying in syria and satellite pictures suggest new sites are going to house russian security forces. it shows construction building and surface clearing and the construction of tents used by russian military forces. it's taking place near to president assad's homeland. the publication jane's intelligence review suggests these developments will increase russia's ability to hit targets within syria. >>> u.s. secretary of state john kerry addressed the question of that alleged buildup of russian forces in the region. >> yes, they have increased aircraft, and there are certain kinds of aircraft there which depends on what the long-term decision is by raasch ya could raise questions. for the moment it's the judgment o

you may even find by mid september, ahead of an emergency eu meeting, there could be a settlement of cutting out all terms, economic migrants from economic access to the country and turning around refugees if they didn't have the proper credentials for asigh recommend applications. and one party is saying it will be zero immigration, migration come september. so the meeting in brussels is going to be very, very heated, indeed. meeting the eu commissioner and the european parliament president, the eu commission president is known to be diametrically opposed to victor. they are completely on different pages when it comes to this issue. but it isn't just hungary alone that is objecting to the way the eu is handling this migration crisis, there are other states that are not happy at all. we have an ever growing plate between east and west. we have an initiative by the three countries, france, italy and germany, to try to get another solution by reforming the 25-year-old law on asylum and passports. but it's unclear as to what's going to happen. >> we are expecting a press conference some

called for the eu to work with turkey p francois hollande says more needs to be done to keep syrian refugees from leaving turkish camps. the president was speaking from italy ahead of an emergency eu summit on the migration crisis scheduled for next week. president hollande: we need to ensure those who are in turkey can stay there. can find work there. and be able to stay there until they can return back to syria. we must help the countries where there are refugee camps. they need support. if the refugees leave the camps, we will have to deal with immigration situation that cannot be controlled. molly: sports news, the wait is almost over for rugby fans as the 20 15th world cup kicks off at this evening. the warm-up has got underway in a launch party in london. the british prime minister and prince harry hoping for a repeat of england's 2003 triumph. the opening match will be held rugby.home of english intimidating setting for fiji, they battle the host this evening. oliver has more on the matches and the tournament. england gets ready to host what is expected to be the biggest rugby world cup yet. 44 days to battle for the william webb ellis cup come of the biggest p

groups organized the rally because their government now plans to accept thousands of refugees after an euandate across europe. governments are struggling to cope with the huge number of migrants in croatia today, a wave of migrants made it to a reception center, croatian authorities say they were simply dumped there at the country's border by buses. many became lost, families separated before being found by croatian police. >> it is the last day of pope francis trip to the united states. he's capping his visit with a mass for the masses. a little later this afternoon, the pontiff will celebrate mass with 1 million faithful. he started his day by doing something many wondered if he would do. brian has the latest. >> pope francis met with five adults earlier today who really suffered sexual abuse at the hands of catholic priests when they were children. this was not on the official schedule, but did it in a city hard hit by the sexual abuse scandal. 21 priests were suspended for being suspected of sexual abuse and they found the archdiocese here covered much of that abuse up. a big meeting.

and the french and germans are together trying to push a unified eu plan against an eu that is not unified, that works by consensus. so it is possible that this picture and the outrage among public that had it has caused will push these politicians to come up with a solution that is less chaotic and less callous than what we've seen so far. >> brown: mall con brabant, is that what you are seeing, that maybe this one picture and the events that lead up to it could really bring these european leaders to come come together to do something? >> it does appear as though the your mean union is planning to do something in the coming weeks. they're coming up with a plan whereby about 160,000 ref gees will possibly be distributed around europe. there are countries-- that will opt out including denmark an the united kingdom. but it appears the pressure is really mounting on david cameron, especially as a result of a campaign from the independent newspaper where they have had this twitter campaign saying that refugees are welcome. there is a sense that maybe david cameron is going to come up with a ne

." >>> a desperate situation demands an urgent response. euinisters will meet in brussels in the coming hours, looking for ways to solve the escalating migrant crisis. but some countries are already on record opposing quotas. meanwhile, germany has imposed temporary controls at its border with austria, trying to stop the flow of people. thousands of migrants have poured into germany in the weeks since angela merkle welcomed those displaced by war. but now the country is running out of space. germany's interior minister explained the decision. >> translator: the goal of this measure is to restrict the present inflow of migrants into germany and return, again, to an orderly process upon entry. >> but, the flow of moigrants across the aegean sea has hardly stopped. and the images of them are heartbreaking. you she man struggling to stay afloat and keep his 2 month old baby from drowning of their dinghy sunk off the coast of lesbos in greece. once they reach greece, thousands are passing through the border of macedonia on their trek north to germa

eu. this is an election set to take place on sunday in spain. it could possibly see a split of catalonia from the country. flo: as you can imagine, catalonian papers are focusing very much on this election. pointing out that it is the final sprint for undecided voters. sunday, catalonian's are heading to the polls to elect the 135 members of the region's parliament, and it is being preface of independence. catalonia is a vital economic region for spain. there is a question about what independence would mean for the banking system, for pensions, and also catalonia's future for your. there is a warning that catalonia could mean an automatic exit from the eurozone. if her paper points out this really is a legal headache that is making brussels busy because an independent catalonia would set a precedent for other reiko a regions. -- otherpe francis breakaway regions. molly: pope francis is still in new york. flo: today it is a little bit confusing because he got a warm round of applause from u.s. lawmakers. even though you can see lawmakers are chee

also to come on the program, the beginning of an exodus, the eu council president says the current influx of refugees could last for years. >> reporter: i'm at the train station in vienna where hundreds of refugees have arrived as they make their way toward germany. >> two british isil fighters are killed by the u.k. but first, breaking news coming out of turkey. at least ten police officers are dead in a bomb attack on a turkish police. the explosion happened in the eastern province. government officials are blaming the kurdish workers party or pkk for the attack. this is just the latest in the string of deadly attacks. on monday the prime minister vowed to wipe out the pkk. >> translator: those mansions will be cleared of the terrorist, whatever it takes, they will be cleared. our nation's should trust our government. i ask for your support. >> armed conflict between turkey and the pkk lasted for 30 years until a peace deal was struck two years ago. the jailed leader announced the cease fire as part of peace negotiations with the government. in april the pkk said fighters would begin to

this is dangerous not for the election because it is five years away, but he does we have an eu referendum at our doorstep in the next 18 months. his country goes to vote. we do not know whether jeremy corbyn at this point is pro-europe or not. we know he is lukewarm. we know that someone who is very close to him has refused his job because he does not think he is pro-europe enough to try and tor the citizens of britain vote, to stay within the european union. i would say that is probably more dangerous and him actually coming into power. the u.s. audiences waking up and looking at this now. where is jeremy corbyn on the bernie sanders scale? almost the would say same. this is someone that wants to nationalize the banks. .e is against austerity the only thing i would quantify is that he has just been elected, so whether he tones down the rhetoric or not is something we have to see. he has also consorted with terrorist groups. one of the most surprising things are that would have repercussions for the united states, is that he blames the west for russia's invasion of ukraine. this is hard l

angela merkel comes with an eu wide cyber system.ore after this break. ♪\ erik: german chancellor angela merkel held talks with her coalition partners. discuss his hans nichols, our international correspondent in berlin. hans: what we just heard, talking about the moral imperative, how important it is to have some sort of distribution situation, some sort of system, for the refugees. indicatedkel has not whether when i she fully backed the plan. to 60,000 resettlement spirit within that, germany would take about 31,000. the problem is none of the numbers make sense. the vice chairman is expecting half a million refugees every year for the coming years. a resettlement program out of brussels will fall short. so many migrants have to keep raising the numbers of expected settlers. nichols, our international correspondent in berlin. we are back after this break. stay with us. ♪ erik: we are a few minutes away from the opening bell. i'm erik schatzker. back.come the summer is over and everyone is back to business and back to school. here

there is zero consensus and a great deal of division in an eu and u.k. division on what to use to replace that. there is a beginning of a difficult process to talk about this and it will only get worse as the numbers continue to grow as more and more migrant work as our crossing come many of them wanting to come to germany. is there any toning down of the rhetoric? i am sure you have noticed the leaders, some of the things they are saying sounds awfully the same as what the world heard back in the 1930's when there was a different migrant crisis. hans: there has been very little toning down of the rhetoric. erik: thank you very much. still ahead, scarlet fu will join me. stay with us, everybody. ♪ erik: here we are a few minutes from the opening bell in new york city. i am erik schatzker. scarlet: we will see if it picks up. erik: volume on a huge of day, the second-best day of gains for the s&p 500 this year, much lower than what we saw at the end of august amid all of that selling. scarlet: that is usually the case. you have a lot more trading. that is

she calls for an emergency eu leaders summit next week.mir putin has told the world to lay off syrian president and concentrate on defeating isis. the russian president says a coalition is needed to combat the terrorist group, and the syrian army should be part of it. russia has continued to supply arms to the syrian regime, even as civil war has killed thousands and prompted a refugee crisis. a speech by robert bugatti at the opening of parliament tuesday sounded strangely familiar. that is because it was the exact same address he delivered on the state of the nation a few weeks earlier. an administrative mixup meant he was given the wrong script to read. the 91-year-old read the 25 minute speech through to the end. apparently, he was unaware he was repeating himself. the lure of korea advancement, per cd, -- prestige, and other things are joinng chinese bankers to entrepreneurship's. ,he other startup opportunities a venture partner at 500 startup , a seed fund in silicon valley. at the moment? >> we see the excitement. people used was s

an. the eu's on the verge, china's on the verge, japan, again, these have been effectively welfare nationsyou will because of our support of them. so this is going to be the challenge of the next president. at the same time you can't have all of this spending without something coming back. but we've got to create a world where there's -- charles: yeah, billionaire investor tell you. the psychology is interesting. we have to beg these countries, particularly japan to protect them. so i would love to see the tables thunder. we talk about how to pay for it, we test on this earlier but let's take a listen. donald trump on taxing foreign profits earlier. >> a one-time deemed repatriotation of corporate cash, hell, overseas at a significantly discount, that is coming back at a significantly discount. 10%. so it comes back discounted at a 10% tax rate and he understands the deferral of taxes on corporate income earned abroad. charles: by the way, what donald trump just talked about was not tax inversion, that's a different game. we're talking simply about selling the rest of the world about a bun

it appears when germany did yesterday now has an effect within the eu already.enie: thank you for that, sarah. also today, british prime minister david cameron visited a refugee camp in lebanon not far from the border with syria. he said he wanted to visit the camp personally to see what is to be done. lebanon hosts more than 1.1 million syrian refugees, equivalent to a quarter of the country's entire population. >> it has been an opportunity to meet with refugees and to talk to children who are starting school here today thanks to the u.k. aid we are spending in lebanon. it has been an important opportunity above all to say a big thank you to the lebanese people for all they are doing to shoulder the burden of refugees reiterateria and to that we are doing all we can to support them and the syrian refugees in the years ahead. genie: now to turkey were a controversial curfew has been lifted in a kurdish town 12 hours after it was put back into place. turkish authorities lifted the curfew after briefly re-imposing a following a deadly nine-day military lockdown.

. >> reporter: the agreement came at an emergency summit in brussels. eu leaders agreed to donate at least $1.1 billion to u.n. aid agencies, helping people who remain in the middle east. the aid package is an attempt to stem the flow of people coming in. the eu leaders also agreed to provide more help to turkey, jordan, lebanon and other countries that are accepting a large number of syrian refugees. more than 25,000 people have flocked to croatia from neighboring serbia in recent days. this came after hungary effectively closed its borders with serbia. overwhelmed croatian officials have moved many of the refugees and migrants to areas near the hungarian border. many have been trying to cross into hungary and to reach germany eventually. hungarian authorities have criticized croatia for its handling of the issue, and they have been relocating new arrivals to areas near their border with austria. as a result, more than 20,000 people entered austria last weekend alone. eu leaders remain divided on how to deal with the crisis. their interior ministers voted

the time of the uk, france and germany to engage iran diplomatically, an initiative that then became an eu initiative with solano becoming a big part of the engagement and leading the engagement with the iranians. that came to nothing. ahmadinejad becoming president in 2005 and then you have a second stage in the issue with the security council being brought in, by means of legal coercion that did not exist before. so, what we see today is the product of a very intense diplomatic engagement of the united states with iran. it's also in a way the productive intense diplomatic engagement of a range of actors. the europeans, the permanent members of the european council, nonmembers of the u.n. security council, united states, china and russia. that is what is behind this agreement. today when we think of the international community, words that most come to one's mind are unraveli unraveling. it's not a time when we see the international community together. it's a time when we see the international community actually in terrible shape, not being able to agree on most issues. the fact this agree

the hungarians saying they will apply eu law, whenever an asylum seeker arrives they have to apply for asylum, which means they have to process every single asylum seeker that is waiting to cross the border and anyone they deem to be an economic migrant is not going to be granted asylum. we'll see pictures more pictures now, night coming down in roske. european union ministers are meeting in brussels to discussion the refugee crisis. yowrts thoutside, the aunt of te three-year-old victim. >> please do something, lets put hand together, find the solution. make it happen. people should open their hearts and help those refugees. >> jacky rowland is live in brussels for us. these beeshe's been watching the meetings. jacky any development coming out of there? >> reporter: no, what we've been really looking at today and hearing on the one hand is a number of countries following lead of germany in announcing border closures. we're hear from austria that they're planning to close their border with hungary. the czech republic and slovakia have also announced plans to restrict crossings on their

yesterday the hungary, slovakia and poland and countries to the east, those nations rejected an eu planed refugee quotas across europe. why don't you tell us what the scene is? what are you seeing? >> reporter: ari, i can only describe the scene here at the train station as positive and serene. the sun is shining. we have volunteers behind me, you can see them helping refugees. some playing music, others playing with children. many more offering food, shelter and water. i can't say the same in regards to the border with serbia where there is a refugee center where many refugees are crossing to the border from serbia, are being forcibly detained. human rights organizations have called conditions in that center abysmal. after yesterday we saw some pretty horrific scenes of tens or hundreds or refugees scrambling to catch one of the plastic bags of sandwiches and water thrown into the crowd by a handful of policemen. the situation is only bound to get worse as the prime minister of hungary announced that from next tuesday he will criminalize illegal immigration and arrest every refugee who

but we have the chancellor angela merkel calling for an eu summit to address the migrant crisis.ny's flip-flop back and forth about wanting to accept these people and now cracking down? >> reporter: that's right, thomas. she gave a press conference today -- she really tried to defend germany's decision [ inaudible ]. i'm afraid europe [ inaudible ] with a crisis like this. a meeting was called for not immediately but next week. nothing has been agreed yet but angela merkel wants other european countries to step up to the plate. what she did, she hasn't closed the border, remember, she's simply tried to limit the flow of refugees into germany. germany is still expecting to receive a million refugees this year, half a million so far have flowed into europe. the influx of people is not stopping and as you say, i was on the greek island watching them. the flow hasn't stopped so hungary may have put up its fence, germany may have tried to limit the number of refugees but the flow from syria through turkey to greece continues and probably will continue for another couple of weeks while

coming up in the next 60 minutes: an emergency meeting brussels. eueaders gather to develop a plan regarding refugees across the continent. volkswagon is in hot water. bosses meet to discuss a response to the emissions rigging scandal. also, china's president reassure u.s. business leaders about his

the eu is getting an extra $1 billion for dealing with the ref refugee crisis. >>> interim president has been released. the prime minister said the general elections may be delayed, adding it was impossible that the army unit would maintain its -- current shap shape. >>translator: we fall together in misfortune, now that i am free, i returning to work and returning to legitimate government. we are taking back the exercise of the power of the state. >>> vladimir putin is attending to improve its standing. >> reporter: the new mosque is a vehic vehicles that helps russian in the middle east as it expands refusive about the president's executive actions about reducing emissions to help with climate change. there you go, democrats 1, republicans, nil. he was firm in his statement that america is a nation of immigrants, perhaps something that we think might be terribly controversial. in the contexts of the republicans focus on preventing immigration. >> and what are they doing at the basilica, behind you? >> reporter: behind that game of democrats and republicans, this is the most controv

. >> the chairman of if european union will decide later this week whether to call an emergency meeting of eu leaders on the refugee crisis. hungary plans to charge refugees under new laws. still, several tried desperately tried to enter territory in hungary. others complain about how they're not being given food or water. a statement of emergency is now in effect in hungary. al jazeera is there. >>reporter: hungary has now imposed a state of crisis for two counties in the country including where we are now to better deal with the influx of refugees. this is the border, the unofficial border crossing with serbia where so many thousands have been passing the past few days. the border has been sealed as the country promised to do. right here you see a railroad car that's been out fitted with razor wire. this was moved in yesterday evening to fill in this gap in the fence in which over the railroad tracks refugees crossed over. behind me is the railroad track. about 3 kilometers from here is where they were crossing. they were very concerned yesterday about if they could get into hungary before

eu. we go to berlin with the latest. reporter: an unprecedented number of migrants have crossed the borders not only in the last few days but over the last few months, an estimated 416,000 asylum-seekers in germany coming to germany so far this year. the number is expected to go up to 800,000 and could even reach a million. germany has been relaxed on the so-called dublin agreement, saying it would and send refugees act of the countries they arrived in europe. it has become a target destination for refugees arriving in europe because it is thought to have open borders, rich country, work opportunities, very welcoming.

eu interior ministers will meet on tuesday ahead of an emergency summit of leaders on wednesday. so far, europe has failed to come up with a common strategy. meanwhile, more and more asylum-seekers are heading north through the balkans, and hungary is sending in its troops to patrol exporter. -- patrol its border. reporter: welcome to croatia, the official shouts could but actually, the country hopes that the thousands of new arrivals won't stay for long. they are mostly intent on moving on through. croatia has marshaled a fleet of buses to carry them directly to the hungarian border. the interior minister showed up personally and told him what would happen. >> i am minister of interior of croatia. you will take short time in the stamp and everything what you need and then you will be transported. please follow the instructions of the police. thank you. reporter: the country is trying to put the chaos of the weekend behind it. investors has just opened a reception center on the border. the plant was -- it has just opened a reception center on the border. plan was to put people th