uestion ma david cameron: yes.o carmichael. : the european union is not just the world's biggest single market but a source of foreign direct investment. an excellent platform for supply chains to thrive and prosper. to get the skills that they need .n innovation that they need many other high-tech companies. cameron: i well remember my visit there with my honorable friend where they showed me the world's first bicycle that was printed on a 3-d printer. trydn't get on a given a but it did look like it would carry someone of my weight. the biggest single market is 500 million people. that is a great market for our businesses in our services and increasingly the market in the supply chain is getting more integrated. that is why we should think very carefully before separating ourselves from it. brain tumors are the biggest cancer killers of children and people under 40. despite this research into them receives only 1% of the uk's national budget. this has been the subject of debate monday in westminster. so that then

david cameron turned this to political scoring exercise. it seems to have taken on a momentum of its own. do you think he has lost control over this? >> he was always taking an enormous gamble calling this vote. referendums are dangerous tool of democracy. we know they seldom answer the question people are being asked. the danger is the primary motivating factor is going to be immigration. not really about europe but that britain doesn't control its borders in europe. that was an enormous risk. he called this referendum to unite his own party, which is badly split on the subject. he is failing to do so. it is becoming more and more divided. there is a real danger even if he wins the referendum his party will still be terribly split. if he loses he will go down in history as the man who put the future of the united kingdom on the line. >> thank you for your insight. we appreciate it. clinton does mention not everyone agrees remaining is best for britain. pprominent proponents of theost leave campaign. he has angered many with the comment abo

>> david cameron is paying a heavy price, a heavy price for his ambiguity. when wet rule of appeal handle such crises is actually to get all the facts about quickly. that is what was not done. on monday, they were saying at the beginning of this publication and this link between the panama papers and ,avid cameron's late father that it was a private matter. then we got various statements which culminated in this statement last night, this admission to british television, that he and his wife, samantha, had held shares in this trust they were holding. the second thing is that often you really -- the cover-up is often worse than the actual offense, the original offense. so the headlines today, the front pages, and indeed the editorials of the british press are very damning, damning for his administration. trying to eliminate on a global level tax evasion, tax itidance, even, and in fact was told to the british public that britain was leading the way on this. the fact of the matter is that david cameron, the prime minister, is engaged in the biggest political b

[laughter] david cameron: i know that i should have handled this better. i could have handled this better. either there are lessons to learn, and i will them them. >> cameron and his supporters insist the prime minister has done nothing wrong. his holdings in a company were sold before he took office. over the weekend, he took the unprecedented step of releasing his tax return information to the public. critics say it could be a way of avoiding inheritance tax. acted within the law, but the panama papers show there was one rule for the rich while the rest have to pay taxes. >> if you have a lot of money, you put it in a tax haven. you pay no tax on it. if you are a worker or a street cleaner or nurse, you do not have those options, those opportunities. they have to pay and they get fined if they are late. is enacting new measures to stop tax evasion in the u.k. genie: it is time for the press review on "france 24." take a look. oliver farry is here with us on the set to take a look at the papers and what they have been saying around the world. the arrest of

david cameron's father ian was himself personally named. the prime minister has come under persistent pressure from journalists and politicians this week to elaborate on his links. let's find out more with our london correspondent. let's get the detail on this. can you tell us what kinds of sums were involved and how david cameron benefited from these offshore funds? >> well, this story is breaking news. i suggest it is going to be breaking news really for the next 24 hours. this is momentous. mr. cameron, david cameron, now says he and his wife samantha wned shares in an offshore property set up by his late father ian before he sold them in january, 2010, for the sum of 30,000 pounds. now, he bought these shares, he 12,497n april, 1997, for pounds. actually, let me correct myself. it is not 30,000 pounds. he then sold them in january of 2010 for 31,500 pounds according to downer street. now, what is momentous about this is that on monday we were being told when this first leaked about the panama papers and this news about holdings and the

david cameron,, yen, and the markets.or the conversation on "surveillance." ♪ francine: the yen rises again, the longest winning streak in years as speculators defied the authorities. cameron releases his tax details and faces parliament today. will the fallout put the outcome of the brexit referendum at risk? rada turbulence. where is asian luxury demand going? this is "surveillance." i'm francine lacqua in london. tom keene i

david cameron will face parliament following a week of scrutiny of his financial affairs. he published six years of tax data in an attempt to demonstrate his integrity. he admits his handling hasn't been great. mr. cameron: i know that i should have handled this better. i could have handled this better. there are lessons to learn and i will learn them. do not blame 10 downing street or nameless advisors, blame me. --rishaad: point said tolion in assets be sold by standard chartered. forced to they may be turn some projects into office spaces as demand falls. plans are in the pipeline for 35,000 high-end properties. surging supply does come as demand is weakening. a doublelebrating triumph. the resumption of the flight to the international space station and the first successful landing of its rocket on the floating platform. the boosters defined strong winds to land of the barge in the atlantic. president obama tweeted his congratulations. 2400l news powered by journalists around the world. on -- tor stop tories get our top stories on bloomberg. manus: let's get into these m

>> david cameron stood up and said he was proud of oxford and the people who worked in nhs. meone shouted, "ask your mum." cameron: sher would say put on a proper suit and a proper tie. >> sometime before jeremy corbyn could make himself heard. we are talking motherly advice, my late mother would say, stand up for the principles of the health service. because that is what she gave her life too, as did many of her generation. >> and the mother theme continued, as david cameron set out with this government is doing for the nhs. prime minister cameron: my mother is as deeply proud of the nhs as i am. 1.9 million more people are , 11,008 hundred more nurses, more doctors. think if devon was here, he would want a seven-day nhs. it is helping patients up and down our country. >> another would be turning in his grave if he could heal her the prime minister. -- if he could hear the prime minister. with vision who wanted a health service for the good of all. >> jeremy corbyn went on to quote one doctor he had heard from. >> we need more nurses, more more fizzy owes, all of the other w

pm david cameron addresses parliament.s this controversial i investment to parliament. betty: italian banks have been the black sheep of europe as bad debt piles of help may be on the way. more from the private meeting. has wipedcommodities out much of the energy industry but there is still some that are benefiting because of low oil prices. betty:

david cameron has revealed he did previously owned a stake in an offshore fund set up by his late fatherprime minister cameron: we owned we sold in-- which january 2010. i paid income tax on the dividends, but there was a profit, but it was less than the capital gains tax allowance so i did not pay capital gains, but it was subject to all the u.k. taxes in all the normal ways. francine: in an exclusive interview, iceland central banker says it is business as usual despite the resignation of the country's prime minister earlier this week. >> we are never concerned about politics. there's a political process for choosing a parliament and s etting up governments. we work with whatever government is in power at at any given time. we give our advice and we have our independence in terms of setting monetary policy irrespective of what government is in place. francine: jon, when you read about the penama papers, what was your initial thought? there must be a crossover into your business. jon: there is. i chair the stock exchange and guernsey. the after effects are very severe. it worried me gre

david cameron went away and a negotiated the veto with other eu leaders. making concessions along the way. proposal tondoning scratch out benefits paid overseas and instead limiting the amount paid. full-year, agreement that entitlements to things like tax credits would be phased in for new arrivals. details finalized, he came back to comments concerning referendum would be held on june 23. >> we be in parts of europe that work for us, influencing decisions that affect us, and driving seat of worlds biggest single market. ability to take action to keep our people safe. the parts oft of europe that do not work for us. out of the euro, out of euros m. out of passport borders. permanently and legally protected from ever being part of a closer union. >> finished on personal note. i believe choice is being an even greater britain and cider reforms eu or a great leap into the unknown. challenges facing west today are genuinely threatening. used andputin in the extremism to the south. in my view this is no time to divide the west. i am not standing for reelection

inlor: president obama is london meeting with david cameron. they are expected to meet on the war against islamic state and whether the u.k. should leave the european union. mr. obama wrote in "the daily telegraph," president obama and prime minister cameron will hold a news conference at 11:50 eastern time. we will have live coverage on bloomberg. there is a report that president obama will become the first sitting president to visit the site of the first atomic bombing. nikkei business daily says he will go to hiroshima, japan, next month. last week, secretary of state john kerry visited hiroshima. the bombing of that city and are viewed the u.s. as having hastened the end of world war ii. this is happening right now in new york. the landmark agreement is aimed at reducing pollution and slowing rising temperatures linked to floods, heat waves, and droughts. countries have reduced -- have agreed to reduce fossil fuels by general that by the way they generate electricity, power factories, and fuel cars. $12 army is spending million on and no mob

as always it is wonderful to be here in london with my good friend david cameron. i have also come back to wish her majesty the queen a happy birthday. earlier today michelle and i had the honor to join her majesty and her royal highness, the duke, as their guest at windsor castle. with best wishes to the american people. i have to say i have never been driven by a duke of edinburgh before. i can report that it was very smooth riding. as for her majesty, a source of inspiration to me and so many people around the world, she is truly one of my favorite people, should we be fortunate enough to reach 90 may we be as vibrant as she is. she is an astonishing person and a real jewel to the world and not just the united kingdom. the alliance between the united states and the united kingdom is one of the oldest and strongest the world has ever known. when the us and the uk stand together we make our countries more secure, make our people more prosperous, and we make the world safer and better. that is one of the reasons my first oversea visitors president more than seven y

. >> reporter: a hot time for david cameron. a year after vanuato was hit, we look at how people are coping there. there. >> there's no way i am willing to give up my family for a drug ever again. >> getting to the heart of the matter. proud to tell your stories. al jazeera america. >>> welcome back. our top stories on al jazeera. politicians in brazil have taken a step forward to removing dilma rousseff in office. a congressional committee voted in favor of advancing impeachment proceedings against her. the motion now goes to the lower house of parliament later this week. a ceasefire is largely holding in yemen more than 24 hours after it came into effect. there were reports of sporadic fighting in the east of the capital. earlier there were also violations reported in taiz. u.s. south officials say the impact of zika virus is wide ly across 30 states and has caused more problems linked to it. britain's prime minister has faced tough questioning from the opposition in a special sitting of parliament where he was forced to defen

then you have this story with david cameron. when you and i caught up this morning, i was surprised at how dominant it was in the german press. hans: you know, when i was in the public broadcasters this morning, they all lead with the david cameron story, the idea that he wasn't upfront. dominating coverage here as well. in some ways it is the extent to which germany is concerned about a brexit. a great deal of concern about whether the u.k. will leave the eu. germany doesn't want that. guy: yeah. all things seem to revert back to brexit. fascinating to see how it draws back into that story. less than half in our way from the open; let's update everyone on where we see the open. looks like we will open on the front flip. wei function, if want to play along at home, click the futures box and you get this line. what that shows he was the european equities this morning. they will open on the front foot. hans: yeah. a lot of it is related. let's go up to that 109 level, bouncing slightly around their. -- there. topix not doing well

prime minister david cameron.ith the debate over brexit intensifying, the leaders are set to hold a joint news conference this hour. betty: volkswagen is doubling the number of money set aside for the emissions cheating scandal. -- $18.2 billion. manus: shares of caterpillar are falling

then, and david cameron takes questions from the house of commons. after that, a news conference with president obama and angela merkel. >> this week on q&a, historian ron chernow. he talks about the hit broadway musical "hamilton" and the consulting work he did on it. the show's creator based the musician on mr. chernow's biography of alexander hamilton. brian: ron chernow, when did alexander hamilton first get on your radar? ron: i started writing about it in 1998. it seems rather comical because the reason i chose to do

david cameron is under pressure following questions on the panama papers, a leek on families holding accounts off sure. >> reporter: ever since the panama papers emerged, the british prime minister as been on the back foot, answering questions about his own finances and reveali details about his wealth. the embarrassing revelation, that he earnt tens of thousands from his late father's investment company. in parliament he defended his record and his family. >> mr speaker, there has been deeply hurtful untrue allegations made by my father, and i wonder if the house will let me put the record straight. the fund was set up because it was going to train in dollar securities. it will be a country believing in aspiration. we should defend the right of every citizen to make money. aspiration and wealth creation are not dirty words, they are the key engines of growth and prosperity, and we will support those that want to own shares. >> the opposition labour party argues the rich and powerful can write their own rules, avoiding wealth and paying tax that other people have to pay. >> it's a ma

david cameron has fought that after days of damaging headlines . he was named in the panama papers, in connection with past investments in a sure fun that was set up by his father. basing his critics, he said he had complied the law with respect to his taxes. camera described the accusations as hurtful and profoundly untrue. he vehemently defended the right to invest in shares and to grow one's wealth. >> speaking in the house of commons, cameron lashed out at critics. mr. cameron: mr. speaker, i set all the criticisms were not responding to these issues were quickly last week. i was angry about the way my father's name was interviews. >> his poor handling of the crisis fueled criticism. her testers took that the streets, calling for his resignation. to defuse the situation, cameron has now published his tax returns. mr. cameron: the publication of the information is unprecedented, but i think it is the right thing to do. >> the data shows he sold the interest in 2010, the year he became prime minister he. -- prime minister. other opposition leader

david cameron: i think he is right to raise this issue. they've made advances in recent years about the relevance hereto are anticorruption summit on the 12th. we will be looking at corruption in sport and looking at new modes of practice that we would hope others in other countries would adopt. there's also the question of whether doping should be made a specific criminal defense which we should be debating in this house. >> what progress has been made in implementing the 10 clinical standards published in december 2013? that are absolutely essential for ironing out the seven-day nhs waiting. ? what is good is that others within the nhs support this position on the seven-day waiting. of course we should pay tribute to all those doctors and nurses who work weekends already. what we are to move toward is an nhs where the individual has 70ess to their family doctor days a week. and where hospitals work on the seven-day basis because that will save lives. catherine west: the governors play a key role in local schools supporting the children's

david cameron is not alone in trying to push through ways of avoiding -- measures to avoid any further tax evasion and avoidance. a number of european leaders have been hit by tax scandals, including the most recent panama papers list. and the european commission itself is to prevent -- is to present new measures against tax evasion and avoidance. we can speak now to our correspondent, who is in brussels and who joins us now. thank you very much indeed for being with us. tell us first of all i little bit about the measures being announced today. >> these measures have been in the works for a long time, long before the panama papers leak. they have always been controversial. they will require multinationals who are either headquartered in or have a subsidiary in the european union to report country by country their profits and how much tax they pay. what has changed with the panama papers, it was announced that it is going to be made anyway, that there is a lot more pressure on authorities. they will now include a list of tax havens. these locations that we all now know more about that

then it's back to london to meeting with david cameron for some serious business.ed the e.u., whether britain will stay or go. there's a referendum on june 23rd here. very contentious issue. the camp that wants britain to leave the e.u. is upset that president obama has stepped time this debate. they feel it's meddling, they feel it's inappropriate for a foreign leader to take a position on this debate. however, the president feels very strongly about it. he says essentially that britain is a key ally of the united states. the united states sees britain as a bridge to europe. and he feels that britain's position is much enhanced by remaining a part of this e.u. bloc of some 28 nations. he'll be asked about it at a press conference that he'll hold with the prime minister. also on the on the agenda, the fight against isis and another reason of course why the president says that britain's place should be in the -- should be in the european union. back to you. >> a lot to discuss, yes, ron, thank you so much for that. >>> well, some smart ideas on thousand save money w

david cameron initially denied any links to offshore funds.hy has he been forced into this admission? robert: because of nonstop pressure on this issue. it is very embarrassing for the prime minister. he appears to have wriggled and kind of such and tried to not reveal the truth. all of that looked bad. it's interesting, at the start of the launch of the eu referendum campaign, he was taking questions from the press in exeter, talking about the eu, and a student managed to talk to him about the eu doing their best to combat tax avoidance. he had to talk about that. throwing a shadow over the eu referendum campaign. anchor: a few days ago the icelandic prime minister, who had nothing -- had done nothing wrong legally, reside over some of these revelations. so it raises the question, how dangngrobert: i don't think it t dangerous. he, after all, got rid of these shares before he became prime minister, so in a sense he's seen what the danger wasan done sosososososososososososososososh times in britain because of the eu referendum campaign, any bi

trusts through this firm and david cameron and his wife had $50,000 in one of those trusts. he divested before he became prime minister. if the americans are behind this, they are hitting their friends, david cameron and the ing of saudi arabia. karen: they say trade deals contributed to this and not vigilant in cutting those deals. doyle: bernie sanders gets to say, look, millionaires and billionaires are engaging in tax avoidance, all of which is true. the fact it doesn't hold water. he said the panama free trade agreement which was passed under president obama and hillary clinton voted for it and he voted against it, that this made this possible. that's not even remotely true. this has been going on in panama for decades and decades. and the treasury argues that they got terms in that free trade agreement that makes it harder to do and one of the reasons fewer americans are there, if the f.b.i. and i.r.s. ask for records, the people of panama have to turn it over. gwen: they say what's legal is the crime. thank you for now. as always the conversation will continue online

this is a fight inside his own party, boris johnson, and david cameron. said which is one of the potential negative legacies of obama's eight years that whether it is on him or not, is if we lose europe. if we lose the ability of having europe, it is the amplifier of american's super power. if we lose europe, there is a lot of ways we are losing europe now. when i say "we" i mean european continents and between the migration crisis, lost confidence by the britts. this person has to fight for it. he has to. this is a huge foreign policy. >> the fact that merkel is under fire and closest al lied is in trouble. >> i want to mention that back in the '90s, when i was in the post, the yoeuro skeptic swing, this is not new. also, what is not new is boris johnson being a euro skeptic. when i was in london, he was the correspondence for the daily telegram. he was writing story after story in what you can see as only a euro stekeptic man. >> he's a reporter. it does not surprise me that he writes these articles. he's got a real history of that. >> we are watching l

david cameron leading the campaign for britain to stay within the union.ming in and effectively backing him. being very clear about his reasons why. that is america fought in world war ii to protect europe and integrate europe and create a new europe which would continue and effectively, he is accusing britain, america's greatest ally within europe of breaking that system down. a key plank of american foreign poli policy. he stepped into the debate. that caused hypocrascy. it is a british issue. there will be a referendum and america won't have a say if that. pointing out america would never accept the freedom of movement within people between mexico and the u.s. >> fascinating situation. it is interesting to see if his visit and what he wants moves that needle at all. max foster for us at beautiful windsor castle. >>> let's get an early start on your money. stock futures higher this morning after a down day for the averages yesterday. oil rising. stocks in europe and asia are mixed. weekly jobless claims hit a 42-year low. what are weekly jobless claims?

as the panama papers controversy absorbs david cameron, he tries to silence his critics.will it take to get the focus back on brexit? fair market value showing mostly positive. tech 40 positive. tax in negative territory. let's head out to caroline hyde at the touchscreen for the open. caroline: thank you very much indeed. we saw a significant surge on friday. full to 100 closed up 1.1%. will we see a little money come out as we see oil track lower? oil had such a surge on friday. oil rig counts starting to come down. concerns about the ongoing supply glut. we are opening flat on the ftse . rio tinto on the higher side. perhaps one to look out for this weekend. cac 40 opening just flat. we are seeing airbus, some of the worst performers. lvmh, they come out after the bell with quarterly sales. the dax opening 0.4% lower. maybe tracking oil a little bit lower. remember what those significant moves we saw last week. maybe just a little bit of rearranging when you see such a surging oil over the past few days. phenomenal moves on the back of that oil rig count. a bit of risk

reporter: david cameron could not have asked for more. to him, the choice is obvious . cameron: our collective power and reach is amplified by membership in the european union. let me be clear, when it comes to the special relationship between our two countries, there is no greater enthusiasm can make a i am glad to have had the opportunity to be prime minister to stand outside the white house listening to this man, my friend saying that the special relationship between our countries has never been stronger. but i've never felt constrained in anyway and strengthening this relationship by the fact that we are in the european union. thister: even vote for even before the president said the word you somehow knew something big was coming from bigger than prince, the beatles, the stones, game -- game changer. india it is all about -- in there it is all about international diplomacy. out here is like a rock concert. but can barack obama win minds as well as hearts? he didn't know these two are close, you do now. opponents are upset -- one of them, boris johnson, doubting wheth

calls for him to resign, british prime minister david cameron's lives in the polls come after his father was named in the -- slips in the polls, after his father was named in the panama paper s. good evening. french police sources say the fugitive suspect of the november 13 paris attacks and last month bombings in brussels has been arrested in belgium. this following a raid in the belgian capital. the suspect, mohamed abrini, is thought to be the third mysterious person seen wearing a hat alongside 2 other bombers in cctv footage taken at brussels airport just before the attack occurred. let's take a look. reporter: another breakthrough in the pursuit of the paris and brussels perpetrators. mohamed abrini is suspected to be the man on the ground become one of several arrest made on friday in connection with the terror attacks. stationas seen at the two days before the attacks alongside another key suspect, solid abdel salaam, who drove one of the cars associated with the bloodshed. lsalam was also arrested. legal 31-year-old is the main in the hat on cctv just before the airport bombings

david cameron is under pressure about his late father's financial interests. >> reporter: the british prime minister has been on the back foot having to answer awkward questions about his own finances and revealed details of his personal wementsdz. the most embarrassing revelation that he earned up tens of thousands of dollars from his late father's offshore investment company. he defended his record and his family in parliament >> there have been some deeply hurtful and profoundly untrue allegations made against my father. i want to, if the house would let me, put the record stray. it was set up overseas because it was going to be trading in dollar securities. this should be a country that believes in aspiration and wealth creation. so we should defend the right of every citizen to make money lawfully. aspiration and wealth creation are now dirty words. they are the key engines of growth and prosperity in our country and we would always support those who want to own shares and make investments to support their families. >> reporter: the opposition labor party argues that the rich and

the results of this refer endum will make or break david cameron's career. i think it's very difficult for him to remain has prime minister if he loses that referendum. it will shape britain's place in the world, this has been a defendant payne distraction for him. >> barn aesh thank you. more ground to come on the news hour including. seoul reveefz the defection of a senior north korean official plus: >> i am andy gallacher in florida as relations between the u.s. and cuba rapidly change, we will look at the controversial issue of opening a cuban consulate somewhere in the sun shine state. >> in the sports news, the golden state war jars are on the brink a mba history. five minutes. at a time trial after proceed democracy activists has begun, charged with assault and obstructing police during protests came to an ends. today, one of the more high profile acvisits and in court. he is a prominent at the height of the demonstrations. he has proven not guilty to those charges. previously setting he believes they are politically motivated. 11 witnesses being call

as david cameron is coming under criticism, the prime minister. frederik obermaier, what about in germany itself? in germany, we have had our finance minister calling for more transparency in the world in the world of offshore, but that is actually quite funny because it was our finance minister doing the same and asking for the same in the year 2013 after we and icij and the partners uncover the offshore leaks. this is another example for me of politicians, high profile politicians, asking for transparency but then not pushing enough to get thesese measures into practice. , more onael hudson world leaders? >> we have seen quite e a few world leaders who have spoken out against corruption, including the ukrainian leader -- china's top those folks have been connected to offshore entities. poroshenko was shown during the armed conflict with r russia, hs representatives were setting up an offshore company for him at that time. informamation now being blocked in china about what has been discovered. >> absolutely. and that is sort of a pattern. in pre

david cameron is under fire.me minister david cameron is facing lawmakers after a week of scrutiny of his financial affairs. he was forced to acknowledge profits from offshore investments, but he told parliament he is not suggesting when he should publish that. david cameron: we already have robust rules of members in interest and the declaration. that is the model we should continue to fall you -- follow. >> it is not fun for the prime minister. mpdid quite a job answering selection today, he will not take this. mark: other questions that remain? svenja: there are other issues around what he published, or no idea he has done anything wrong. the situation has been handled so badly that the trimester -- [indiscernible] tocutting the gdp forecast 3.2%, downfrom -- from 3.4%. >> how concerned are you about these possible shocks? pullowth is below obstacle -- go below on a cyclical perspective. from a second perspective as well with demographic trends, volatility trends, not just in the u.s. but europe, even china. g

david cameron was forced to defence his financial arrangements. he is under pressure after information disclosed in the panama paper, a leak from the fourth largest offshore law firm. >> reporter: statement, the prime minister. >> reporter: ever since the panama papers emerged the prime minister has been on the back foot answering questions about offenses and personal ralth. wealth. the most embarrassing is that he earnt much for his father. >> there has been deeply hurtful and profoundly untrue allegations. >> the investment fund was set up overseas in the first place. it was trading in dollar security, it should be a country that believes in aspiration. we should defend the right of citizens to make money. aspiration and wealth creation are not dirty words, they are the key engines of growth and prosperity, we would always support those that want to grow shares. >>> the labour party argues that the rich and powerful can write their own rules, avoiding tax that the other people have to say. >> it is a master class in the art of distraction. i am

selects president obama and finish by minister david cameron -- british prime minister david cameron holding a news conference. we take you there live. look froma live london and british prime minister david cameron and barack obama are holding a joint news conference. to the associated press, they would do, the multinational campaign against the islamic state. syria, libya, the global economy, russia's stance toward the ukraine and other issues. we saw the president and the prime minister and adding number 10 downing -- exiting number 10 downing street a few moments ago. we expect the news conference to get started shortly. we're live in london, waiting for a news conference to get underway with president obama and -- -- and british prime minister david cameron following bilateral talks in london today. the associated press writing about the president's trip to the u.k., bearing a gift birthday greetings. president barack obama celebrated queen elizabeth the second over lunch at windsor castle, going and extra mile for a monarchy he has expressed over histtention to term. the two ar

well, it continues to attract attention and a lot and david cameron clarified how he benefited from his father's offshore account here as you said. revelations within the panama papers. he is saying he did have ownership, he and his wife samantha owning around 30,000 pounds worth of shares but that he sold that stake before he became prime minister in 2010 for a profit of around 19,000 pounds or near 30,000 dollars. but the key to stress here, he said that the fund was not set up to avoid taxes and was properly audited. meanwhile, once he sold the shares he paid all applicable u.k. taxes. not a question of legality here, but still a lot of resentment building and from some voters when it comes to elitiselitism. >>> we got some news on the fbi/apple debate yesterday with the fix that they had the for the san bernardino iphone is limited and that it certainly will not work to unlock all of the iphones. he says that it was a very narrow set and likely will not work on iphone 5-s or 6. that's from mr. comey there. looks like this case is far from over. back to you. >> thank you. >>> time fo

monday saw david cameron under fire.k: prime minister david cameron is facing lawmakers after a week of scrutiny of his financial affairs. he was forced to acknowledge profits from offshore investments, but he told parliament he is not suggesting all mps should publish their tax returns. david cameron: we already have robust rules of members in interest and the declaration. that is the model we should continue to follow. svenja: it is not fun for the prime minister. he did quite a job answering mp questions today he will not take , this. mark: other questions that remain? svenja: there are other issues around what he published, or no idea he has done anything wrong. the situation has been handled so badly that trust has been eroded. betty: cutting the gdp forecast to 3.2%, down from 3.4%. saying a prolonged. of slow growth has left the global economy more exposed to shops. >> how concerned are you about these possible shocks? kevin: growth is below on a cyclical perspective. high debt levels and lack of demand and access

also interesting here, david cameron was offered an opportunity to weigh in on u.s. politics and donald trump in particular. he said he's not going to add or subtract to his previous comments on donald trump. he has been critical of donald trump's proposed ban on muslims coming to the united states saying that would not be a helpful thing. so cameron not taking the opportunity there. but with a wink and a nod, referring reporters back to the earlier comments. >> it's a rare and somewhat risky move some are saying today for the president to sort of weigh into this debate. he pendz the op-ed in the telegraph we have here followed by the mayor of london boris johnson with a pretty stern rebuttal to it. >> yeah, boris johnson generating a lot of controversy over there, referring to president obama's ancestry and saying that somehow taints his view of the uk and of britain and sort of a colonial way. that was something that cameron was offered the opportunity to respond to. he said, no. questions for boris johnson are questions for boris johnson. he simply wasn't going to

prime minister david cameron today facing lawmakers. kend, cameron addressed conservative already activists and admonished shortcomings in his handling of the matter. peru possible presidential election is headed for a runoff, a partial count in the votes in the case. 50% -- she will face premarket -- according to the electoral votee, she has 39% of the will kaczynski has 24%. global news 24 hours a day, powered by 2400 journalists in more than 150 news bureaus around the world, i am caroline hyde. tom: thank you so much. i am typing way on the bloomberg terminal. let's look at a data check. dow futures are up 56. the yen does not do that. right on to the next screen. the vix, 15.36. strong yen.ill a i am looking at the euro-swisse. what do you have, francine? , 108.10. you're right wass told the next level 105, and then we are at a hundred. gleaning --ks are overall stocks are gaining. they will find a resolution to the italian banking system. tom: we have shown this twice this morning. 10-year yield, the cleveland cpi. of the the depth

he enjoy spending time with david cameron. meron wants them to have a positive impact on the remain campaign. the president is happy to be here. there is very little political risk for him being here. he's popular in the u.k. francine: does he talk freely, and this is something the brexit campaign has been trying to promote, the fact there is a special relationship between the u.k. and the u.s. if the u.k. were to leave the e.u. they could get closer to the u.s. a it is very rare for president to way and so directly on a political campaign in a different country. he believes there is a special relationship that allows them to speak frankly and speak his mind and say that that special relationship is worth keeping. e.u. it.k. leaves the will have an impact on trade and potentially not make that relationship is strong. unusual's is quite to see a u.s. president waeig h in. areja: the brexit camp outrage. they accuse obama of double standards because he is seen as protecting u.s. sovereignty on one hand and interbeing and a politi

the mayor of london a potential successor to david cameron and he says that barack obama is the most anti-british u.s. president ever. what impact it will truly have, we don't know. in a poll, 60% of the british people said the u.s. president had no right to intervene whereas 29% of people said that he was within his rights due to historical political and economic roots and the strong relationship. >>> in the first step towards implementing the cop21 deal, never have so many countries been ready to sign on the first day. but the real work begins after the signing when countries must formally approve cop21 at home. >> delegates filed through at the u.n. general assembly to put their country's signature on the agreement. 175 countries signed it on earth day, friday, and for john kerry, the agreement is about securing the future for the children of today. among the speakers were a school girl from tanzania and oscar winner leo dicaprio. >> planet action is important. indeed, it offers many benefits. create green jobs. defeat hunger. prevent instability. and improve the lives of girls an

i want david cameron in the conversation. just as i want him in the conversation as we discuss on information and counter terrorism activities. i have confidence in the uk and i know that if we are not working effectively with paris or brussels then those attacks are going to migrate to the united states and london, i want one of my strongest partners in that conversation. so it enhances the special relationship, it does no t diminish it. >> let's me make one point in response to that. this is our choice. nobody else s. this is our choice. as we make the choice, we listen to what our friends think and listen to their views. that's what barack obama is talking about today. it is a british's choice about the british's membership of the european union. we are not being asked to make a choice whether we support the german style membership. britain has a special state in the european union. we are in the single market. we are not apart of the currency. we are able to live and work and maintaining our borders. we are not in the no

it's great to have you with us this morning. >>> uk prime minister david cameron has become the firstritish leader to publish a summary of his tax returns. this follows protests over the weekend calling for his resignation in the wake of the panama paper scandal. cameron will be addressing today on the steps he plans to take to investigate claims in the panama papers. this happening as he's admitted that he could have handled the affair better. >> facts are, i bought shares in a unit trust, shares that are like any other sorts of shares and pay taxing on them in exactly the same way. i sold those shares. in fact, i sold all the shares that i owned on becomine ing pr minister. and later on, i'll be publishing the information that goes into my tax return, not just for this year, but for years gone past, because i want to be completely transparent and open about these things. i'll be the first prime minister, the first leader of a major political party to do that. but i think it's the right thing to do. >> the european commission and v.p. he likens tax avoidance to a cancer to be tackled

the next day at prime minister's questions, the smp's westminster leader raised the deal with david cameron. mr. cameron said it was an excellent deal for scotland and the rest of the united kingdom. >> for those of us who want to keep the united kingdom together, what we've just demonstrated is that you can have full on devolution with a powerhouse parliament, with a fair fiscal settlement inside the united kingdom, and i think that is something to be celebrated. now we're going to move to the situation where the scottish government and the scottish parliament will have to start talking about policies and decisions, rather than processes. >> there was drama in the welsh assembly when a bill which would ban e-cigarettes in some public places was tied on the final vote. despite cross-party support for many of the measures in the bill, a deal between them collapsed. plied voted against the bill in a last-minute move, meaning the assembly was tied 26-26. the casting vote fell to the presiding officer, who's obliged to maintain the status quo, meaning that the bill didn't pass. >>> you're watch