spain's prime minister has attacked the prime minister of catalonia. an early regional election, he says if a majority of bro-independence candidates win, he'll then start the ball rolling for succession from madrid. a referendum for independence shows that 80% of them were in favor. that vote, though, was ruled unconstitutional. signing a decree that has a proxy vote for independence. on monday the president of the spanish region catalonia officially called for elections to be held next month. now scheduled a year earlier than necessary, the september 27 parliamentary vote is a way to see how many the 7.5 million citizens are for or against independence from spain. >> democracy will start this process. the polls, the ballots and the citizens' resolution will be the tools. a future of democracy, justice and freedom is on the horizon. reporter: a strong proponent for independence after a mass held in mock remp dumb on the issue -- referendum on the issue last november. a low turnout led to mixed results despite a strong turnout at peripheralies. but of

said friday that a split is out of the question. >> independence will not happen in any way for catalonia. it is not possible. it makes no sense. we are in europe which is becoming more and more united. >> with the national political parties focused on the general election slated for the end of the year, the early catalonian vote has once again brought the question of independence front and center in spanish politics. stuart: here are the made headlines for you live from paris. francois hollande welcomes president barack obama's newly announced climate change plan for the u.s., saying it is a major attribution ahead of the climate change conference to be held here in paris. 121,000 acres of land now burns in california as wildfires sweep across the region. thousands of homes have been evacuated. in pakistan, a convicted child killer is executed despite a storm of protests from rights groups that he confessed after being tortured and that he was only a minor at the time of the crime. business news with stephen. at this time yesterday we were telling you about greece, and today another bad

like catalonia. i felt so much emotion it did not fit inside me. i give thanks that i'm here to see this. the first secretary of state to visit cuba since 1945 spoke in english and spanish. john kerry acknowledged the differences that continue to separate the u.s. and communist cuba, especially issues of democracy and human rights. >> it will be equally unrealistic to expect normalizing relations to have in a short term a transformational impact. after all cuba's future is for cubans to shape. >> at a joint news conference, cuba's foreign minister made it clear, cuba does not expect united states to interfere in its internal affairs. >> on the basis of respect and equality. >> despite being under strong domestic pressure, secretary kerry did not invite cuban dissidents to the embassy summary. opting for a compromise there was a second flag raising ceremony at the ambassador's residence at which a large reception was held in which dissidents were invited in which many opposed the reestablishment of diplomatic ties. this citizen disagrees. >> this is

catalonia says this is a yes or no vote on independence.rid says this is just a regional election. what confrontation between madrid and barcelona. this is not new. what makes the selection of it of a game changer is that all of the pro-independent will be running as one. at the same time, the regional president has said he will go with the big majority. he will be prepared to call for independence unilaterally which is never been done before. it is a 50-50 vote. there are still many question marks. catalonia has said they can separate from spain and madrid disagrees. there are a lot of question marks going into that september vote. anna: maria, thank you very much. guy: weighing in on all of the top stories including the twitter question. we have been talking about what has been happening with libor of late. is it the system or individuals that are to blame for the markets abuse? is it the bag of apples or an individual backup --that apple we should be talking about? @annaedwardsnews if you would like to share your thoughts. guy: we will l

the president of catalonia calling an early election. this is a referendum on independence.t are they saying back to that? charles: the message form and dread is they don't believ government has the right under the spanish constitution to break up spain. to take this independence root -- this independence route. if they step outside of the constitution, and does anything beyond a normal regional election, they will take action to stop it. the head of the regional government explains there is a lot at stake now. jonathan: chills panty -- charles penty, thank you very much. the world's largest bank bailout . details after the break. for now, eight minutes into the trading session over in greece. the asc, short -- trading lower again. a 40% drop over the past two trading days. you have to go back to 1987 for when things were this bad. ♪ jonathan: good morning and welcome back to bloomberg tv. i am jonathan ferro. let's get you up to speed with some of bloomberg's top stories here at -- top stories. the lowest price since the copies ipo back in november 2013. the drop pushing tw

citi is saying it's unlikely that catalonia will become an independent state.ards, but you may see tensions rise over the next six weeks to two months, i'm not sure that we're at that is the eurozone going to split apart stage like we were three or four months ago. and the row goes on. back to you. >> cycle hobbs, when we come back, quite a run for facebook and google. both stocks up big. what video means for these companies and how facebook could take the lead, when we come back. you're watching cnbc. but what if you could see more of what you wanted to know? with fidelity's new active trader pro investing platform, the information that's important to you is all in one place, so finding more insight is easier. it's your idea powered by active trader pro. another way fidelity gives you a more powerful investing experience. call our specialists today to get up and running. seven out of ten power outages in the us are caused by weather. but utilities can now predict where the power will go out, within a few city blocks. working with ibm, they're combining micro w

catalonia at the end of september.hey're angry and then there's national elections in november but spain is on a very solid recovery path. we should look at italy. italy has been under valued in markets even though it's performing better this year but the reforms that spain has done in the past two or three years italy is doing them now. there's more room for improvement but renzi needs to take off the white gloves and press on with reforms. >> we will continue to watch the mix of monetary policies and structural reforms and what that means across the euro zone. thank you so much. head of macro credit research. 12 people have been arrested in china following the huge explosions at the port in tianjin. they were detained on allegations of negligent and abuse of power. the arrests come a day after china's ruling party sacked the head of its work safety regulator. tributes poured in for two television journalists shot and killed during a live broadcast in virginia on wednesday. the gunman described himself as a powder keg