david cameron: thank you, mr. speaker.now the whole house was to -- will wish to join me in congratulating leicester city on winning the premier league title. having been 5,000 to 1 outsiders at the start of the season, they have shown superb ability, incredible resilience and a great team ethic. this morning i had meetings with ministerial colleagues and others. in addition to my duties in the house, i shall have further such meetings later today. martyn day: may i begin by associating myself with the prime minister's comments about leicester city? on monday, the foreign secretary said, "there is a need for a new initiative in the syria dialogue to keep it alive." will the prime minister withdraw his airstrikes, which have done nothing to bring about peace, and will he redouble his efforts in securing political resolution to the war through a new dialogue, as recommended by his own foreign secretary? david cameron: i think that we should do both. which is to continue to hit daesh terrorists because they threaten our count

david cameron: he asked a very long question that i'm trying to answer.is important because the treaty change in those two areas is very important. you asked about whether it is irreversible. that is not just my view. that is the view of allen -- would who says i specialize in european law. he says it would be irreversible and practice. i do not agree with you about that. how fundamental is the change we are achieving? i think it is quite fundamental because getting britain out of an ever closing union reinforces the special status that we have out of the eurozone, out of the no borders agreement, and i think this change with respect to our currency not being discriminate against inside this organization, i think that is quite fun mental, too, because the eu today is a union of countries, some of whom share a currency, others who don't. for the first time, we have got this proper legal status that is saying that if you're in the eu and you have your own currency, you cannot be discriminated against. for all these reasons, i would mention that we are cutti

david cameron: i think that we should do both.hich is to continue to hit daesh terrorists because they threaten our country, but at the same time do everything that we can to support dialogue between the opposition and the syrian regime, which is what the process has been about. we will continue to take both those steps. karl mccartney: my right honorable friend will be aware that tomorrow, 33 conservative candidates will stand in the lincoln city elections tomorrow, along with our county's police and crime commissioner candidate, and labour will lose some seats. we in lincoln are aware of the need for tolerance and the stamping out of racism and anti-semitism, especially in view of my labour predecessor's current role on the board of deputies. will my right honorable friend join me, and all our colleagues on the side of the house, in condemning the actions and propaganda of hezbollah and hamas? david cameron: i certainly wish my honorable friend's candidates well. if you want to have well-run services at a good cost and keep taxe

we now have david cameron, the british prime minister, on his feet. s listen to what he has to say. cameron: i too look coverd to the private eye with trepidation. thank you, richard for hosting us here at the british museum. in 45 days time, the british people will go to polling stations across our islands and cast our ballots in the way we have done for generations. they will, as usual, weigh up the arguments, reflect on them quietly, discuss them with friends and family and then calmly and without fuss make their decision. but this time, their decision will not be for a parliament, or even two. they will decide the destiny of our country, not for five years or for 10, but in all probability, for decades, or perhaps a lifeline. this decision is bigger than any politician or government. it will have real, permanent, and direct consequences for this country and every person living in it. should we continue to forge our future as a proud, independent nation, while remaining a member of the european union, as we have been for the last 43 years? or should

and for donald trump to then go on the attack against david cameron certainly calls into question what it would look like if donald trump was in power, what sort of relationship we would even be having with our allies. i would caution, though, that we are still very early days in this. it hasn't -- we haven't yet reached the republican convention or the democratic convention and there is still time at least in the campaign's eyes and the rnc's eyes to mend whatever gaps there might be between donald trump and foreign powers. >> thank you very much, katy. let me bring in republican strategist, susan del percio. susan, let's start with how reince priebus this weekend tried to explain his view of "the new york times" story on donald trump and his history, personal history with women. let's play that. >> i think that all these stories that come out and they come out every couple weeks, people just don't care. i think people look at donald trump and hillary clinton and say who's going to bring an earthquake to washington, d.c.? >> your reaction to that. >> well, the party chairman certainly

i'm a unifier unlike our president now, i'm a unifier. >> it's not just prime minister david cameron trump has angered the new london mayor khan. >> i think donald trump has ignorance about. >> i wish him well. let's see if he a good man. >> are you offended by what he said. >> yeah, i am. he doesn't know me. never met me. doesn't know what i'm about. they viewed statements and tell him i will remember those statements. very nasty statements. >> now, what could this spat mean for our relationship with i can't great britain. former united states ambassador to the united nations john bolton goes "on the record." good evening, sir. >> good evening. >> assuming that it is president donald trump and david cameron and khan, what does that mean? >> the important thing is relations between nations depend less on personal relationships among leaders than people think. i'm not saying they are unimportant. but fundamentally any leader who bases his policy on anything other than a very clear eyed view of the national interest isn't doing his job. now, in terms of the remarks themselves, i think

even though he is a labor man he is on the same side as the conservative prime minister david cameron who is the flagship campaigner for britain remaining in europe. zac goldsmith, the conservative candidate is very much pro-brexit and wants britain to leave. he is at odds with his own party. 300,000s a city where french citizens or more are living and it is almost like the sixth largest french city. there are big stakes on either side and what is interesting is in this location just election, the conservative party, one of the issues has been the fact that it is so divided over this referendum issue. david cameron supporting britain remaining in europe and that is not what a lot of his party .embers believe the london candidate himself was. a lot of conservatives have been irritated the cause the prime minister is in favor of britain remaining so it has been very much an issue. i will note with scotland, where the scottish national party remains the dominant party, the third straight victory although it does not have its majority. they are very much pro-european and they have threate

british pm david cameron learned the hard way after some statements he made ahead of an anticorruptionummit in london went public. the diplomatic faux pas landed him in hot water. >> david cameron was not at his diplomatic best chatting to the queen as head an anticorruption summit in london. the british prime minister singled out two of the attendance. ts. nigeria is fantastically corrupt. nigeria and afghanistan are possibly the most corrupt countries. >> they criticized his comments, calling them embarrassing and unfair respectively. they may have been outspoken but they were not untrue. the countries rank at the bottom of transparency international's corruption index, though the u.k. has its own problems. >> we should not forget that the u.k. and its overseas territory and crown dependencies are a big part of the world's corruption problem. >> the 11 million leaked documents that comprised the revealedpers scandal widespread tax avoidance and innovation by the world's powerful and wealthy and the u.k. appears almost more than any other nation. cameron himself has said the u.k. must

david cameron and george osborne worn that leaving the eu will spark a recession.guest is an economist. i'm pretty sure he's going to disagree with that. roger bootle, next. ♪ okay, ready? whoa! [ explosion ] nothing should get in the way of the things you love. ♪ get america's fastest internet. only from xfinity. guy: welcome back. we are 30 minutes into the trading day. there's a couple big corporate stories. bayer is one of them. the dax down by 0.7%. if you are wondering why the italian market is down as hard as it is, a lot of big financials have gone ex dividend today. matt miller, over to you. matt: we are seeing the purchasing managers index come out. rises to 55.2.i that is more than the forecast 54.6. german pmi of 55.2 and the manufacturing pmi rose to 52.4. that was more than the survey of 52 even. pmiices and manufacturing coming out ahead of the forecast. here you see a euro-dollar trade. euro gaining some strength. german pmi coming up and sort of balancing a long a level here. i've got a chart of pmi over the last two years. we've been hanging aroun

lou: i want to go to david cameron, prime minister of the u.k.saying, you know he basically is being stupid. his idea of ban on muslim temporarily, i don't believe ever hearing a world leader that direct that blunt, and that annoying, that you might top take a swing at his nose for what he said. >> when foreign leaders say things like that in midst of a american political campaign, my first temptation to ask, is the trump organization paying david cameron to say these things. in american campaign season probably best thing that could happen to a sca candidate to have a foreign leader attack him. lou: with a british accent who is a little snooty and full of himself like david cameron. >> right, and the mayor of london attacked trump so well. >> trump campaign would probably pay for the parade. >> they would give him one, this is activity by the foreigners that only -- to their detriment, i hope that -- beijing say he wants hillary clinton to be president he would rather deal with her than donald trump, these people have a judgment of a block of gr

this morning, he was asked about british prime minister david cameron calling him stupid and wrong for proposing a ban on muslims. here's trump's response. >> i don't care. it doesn't matter. i mean, it's fine. >> if you're president and he's the british prime minister. >> it looks like we're not going to have a good relationship. i hope to have a good relationship but not willing to address the problem either. >> trump facing questions from friday's "washington post" article he pretended to be his own representative back in the 1991. he denies the claim. there's a new york times article detailing his history with women for promoting them with business to allegedly belittling from the board room to backstage at beauty pageants. trump tweeted this response. the media's really on a witch hunt against me. false reporting and plenty of it. but we will prevail. going to talk on the third party run. former presidential contender mitt romney is behind efforts to recruit someone to run but no success so far. republican national committee chairman reince priebus tried to put an end to the specu

in terms of criticizing donald trump about david cameron, again, i think that's unfair. when we saw that president obama just went to the u.k., lectured the brits on brexit, and he insulted them by saying if you don't stay in the eu, i'm going to put you back to the queue. when it came to sentiments on leaving the e.u., support for leaving went up after president obama's threat. >> so healey, i want to ask you about something else. donald trump is expected to meet with former secretary of state henry kissinger. he is expected to do that later today. why henry kissinger and not another secretary of state? >> i'm sorry. was that question to me. yes, sorry about that. i had a little feedback. >> no worries. >> mr. trump regularly meets with experts and highly respected individuals, and you know, he values their input and feedback. >> and what do you suppose they'll talk about in this meeting? do you know, healey? >> you know, i'm -- i can't confirm or deny the meeting. i do know mr. trump values feedback of highly respected individuals, and experts. and you know, he will ha

. >>> british prime minister david cameron talks about donald trump. is he willing to meet with the presidential nominee before the election? >>> here's the best. >>> let's get right to politics and the new polls. while the washington post abc poll shows donald trump beating hillary clinton 46% to 44%, the nbc "wall street journal" poll shows clinton ahead of trump by three points, 46% to43%. both polls within the margin of error. never in the history of the nbc news "wall street journal" poll have the two major party nominees been viewed as poorly as clinton and trump. 54% of voters view clinton negatively, compared to 58% for trump. voters have a better impression of sanders, whose positive rating is 46%. ramping up his attack against debbie wasserman schultz. >> let me also say this. in all due respect to the current chairperson, if elected president she would not be reappointed to be chair of the dnc. >> a new reaction from hillary clinton as she shifts into general election mode. here's what she told chuck todd about donald trump's candidacy. >> t

hear what british prime minister david cameron just said.next. >>> looking at the votes it is plain that donald trump is changing people's minds. not just americans talking about donald trump. during this presidential race trump has been hit hard by world leaders. here is british prime minister david cameron last year. >> i think his remarks are divisive, stupid, and wrong. and i think if he came to visit our country, i think he would unite us all against him. [cheers] >> but now, sounds like the british prime minister is changing his tune. here he is today. >> anyone who makes it through that extraordinary contest leads our party into a general election, you know, certainly deserves our respect. but what i said about muslims, i won't change that view. i don't change that view. i will -- i'm very clear that the policy idea that was put forward was wrong, is wrong, and will remain wrong. >> growing trend among world leaders, former u.s. ambassador to the united nations ambassador john bolton goes "on the record." good evening, sir. >> glad to

i will do just fine with david cameron. i will do just fine. they have asked me to visit 10 downing street. >> that's interesting. i thought i heard that you said we might not have good relations. >> we're going to have good relationships. we're going to have better relationships than we have now but these countries won't be taking advantage of us. you look at what's going on with china and mexico. everybody takes advantage of the united states and we are $19 trillion. >> we heard you say nabisco is going down to mexico. you shouldn't have made an oreo joke at chris christie's fundraiser. >> you thought that was not appropriate? >> i don't think you should have made an oreo joke to chris christie. >> i have a question. we had former defense secretary robert gates on the show yesterday. i'm going to play for you a bit of what he had to say. he had concerns about both candidates, you and hillary clinton. take a listen. >> i think they are especially apprehensive about the unpredictability and the threats of mr. trump. and some of the things he's

correspondent: david cameron knows nigeria's president buhari and the afghan .resident ghani some saythey are invited because they are against corruption. some are in doubt over the sacrifice of british lives in afghanistan. the man's for progress tackling corruption will be higher than ever. bbc news. katty: it will be an interesting summit on thursday. we have been tracking the european migrant crisis and of those who tales died trying to reach europe. the bbc investigation has found 1700 men, women come and children have an buried in unmarked graves. 70 are in italy, turkey, and greece. correspondent: the boats full of syrians fleeing war land on the greek island of lesbos. no one on this boat drowned, but one man was crushed on board. another died of a heart attack when he set foot on land. both victims were traveling with other people who were able to confirm their identities. there are hundreds more who have either been lost at sea, or found and not identified. their relatives are scattered across the globe here it they are left with lingering pain that will halt them for the re

he has been talking with his british counterpart, david cameron, during a visit to london. around 1000 japanese companies employ 140,000 people in the u.k. japaneseany of the companies set up their operations in the u.k. precisely because the u.k. is a gateway to the eu. leave would make u.k. less attractive as a destination for japanese investments. markus: we are going to take a look at stock markets next. and american shares started in positive territory, but those gains have fizzled out in the past two, three hours or so, with the dow jones industrial average down about 2/10 of 1%. the gains have fizzled as oil prices have come off of their previous highs. at first in the session, we saw oil prices heading higher on those canadian what -- wildfires and supply concerns out of libya. we have seen the oil prices come down from their previous highs, which means that energy shares have also come down from previous highs, which means that the american stock markets have come down into negative toward lori -- negative territory. still some caution ahead of the u.s. jobs report

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they put out that invitation two days ago, so i would do just fine with david cameron. think he is a nice guy. i will do just fine. they have asked me to visit 10 downing street. i might do it. minister'srime office at 10 downing street responded this afternoon saying it is long-standing practice for the british leader to meet with nominees for both of american political parties, but because donald trump and hillary clinton are not confirm nominees yet, there are no confirmed dates. , what trumpon is seems to have said is not clearly right or true. is he playing fast and loose with the facts here? mark: the clinton campaign raises it with reporters off-line all the time. they're pounding on this notion of not being able to trust him. we have both talked for a long time about trump and a fitting during the nomination fight when there are international incidents. i think there could come a time in the debate in the fall where trump says something that is wrong and it it is called on. in the short-term, i don't think it is, and i think the people who think insulting in som

that is according to david cameron and torche george osborne.s one month before the referendum. meanwhile, a controversial treasury in alice published today says thousands would lose their jobs, the value of the pound with slumped, and gdp would slump up to 6% in the event of a brexit. manus: and tomorrow, mark carney will once again, face members of the treasury committee. this will be his final public engagement before the pre-eu referendum. this comes after a fiery exchange with a pro-brexit lawmaker. he also accused carney of compromising the independence of the bank of england by making speculative pro-eu statements. let's bring david stubbs back into the conversation. david, in terms of everything that is going on with the brexit debate, one thing that comes to mind, we see sterling, we will hear from cameron today, talking about the u.k.'s self-induced recession. a heavy warning in the final days. ed, and i think we will see more of this. i don't think we will see the immediate impact after the vote to leave. we know with a great deal of

this involves david cameron and russian president vladimir putin .assive wildfires that have swept through canada have leveled some of the neighborhoods. sidents wererei evacuated and one million barrels each day were lost from the output. chris christie will serve as chairman, planning his transition to the white house. criticald it is taking steps to get ready for the general election. chris christie made a surprise endorsement for trump in february after dropping his own presidential bid. global news 24 hours a day, powered by 2400 journalists in more than 150 news bureaus around the world. you can find more stories on the bloomberg at top . anna: thank you, rishaad. let's get to japan now, where we are getting numbers from softbank. give an update to the markets, softbank said that fourth-quarter operating profits is coming in a 124.2 billion yen. they are basically missing their four year profit estimate, but are raising their dividends. this was against the next location of 576.5 billion yen. on the operating profit line, they are a touch a

this letter david cameron to an ounce a series of measures to ensure the money is clean. .m. meron: i believe corruption is the cancer at the heart of so many problems we need to tackle in our world. reporter: under the rose plant, foreign firms would have to declare their assets in a public register and revealed the true identity of their owners. according to the government, these measures would make potentially suspicious investments more easily traceable by british tax authorities. but critics say it is the global culture of corruption that needs to be shifted. >> i think it is a really important step, but it needs to go further, because this is like a game of walkable -- wh ack-a-mole. as you hit a problem somewhere, it pops up somewhere else. we need to crack down on it is her transparency of companies and trusts. reporter: some of the u.k. territories have agreed to share their own company ownership registers with tax authorities in 33 countries around the world. campaigners say they should go one step further and make the registers public. leaders of the cayman islands

david cameron using the g-7 to commit to the eu.ill discuss the latest holing, politics and market action at 8:30 london time. guy: let me take to amsterdam where we are awaiting the opening bell of ipo philips lighting. there is a large hammer. there we go. [applause] up: european markets opening . a delayed hit of the gong. it is friday the 27th. let's show you what is happening with these markets. let's put some numbers. where up .1% -- we are up -- we are down .1%. matt, we are waiting for the one thing, and that is janet yellen. let's get details on what is happening behind this big topline market numbers. nejra: this is the stoxx 600 and how the industry groups are trading within it and looking at the imap on the bloomberg. we are seeing more red here than green. asia, it was a pretty broad-based rally. health-care stocks and material are only in the green. how care up 4%. it is energy stocks -- health care up .4%. it is energy stocks and financials. we are seeing lower oil prices back down below $50. i want to get to individu

. >> donald trump and david cameron, the british prime minister who thinks trump's proposal for a temporary ban on muslims coming to the united states is stupid and wrong and trump in an interview said, well, he wouldn't necessarily have a good relationship with david cameron. potentially, these guys, assuming if trump is elected president of the united states, they would develop a relationship. i assume. >> they would have to. this is northea this is the most, arguably with any country in the world. it's a special relationship, but it's a cliche because it happens to be true. this has been true for decades. the idea that an american president and a british president wouldn't be on talking terms is unthinkable, especially at this moment where the world faces crises. nato is facing crises across the world dealing with putin in the ukraine and isis and with assad and syria. then you have the problems with the european union and the prospect of britain leaving the eu and the crisis that would result in economic united states and the idea the u.s. president and the british prime minister can't

british prime minister david cameron has refused to retract critical comments he made last year abouthe presumptive republican nominee and his proposed ban on muslims. camer cameron's remarks didn't sit well with trump. here he is on itv in the uk. >> the british prime minister, david cameron, recently said he stands by his comments that your position on muslims was stupid, divisive and wrong. >> yeah? >> he wouldn't retract them and he wouldn't apologize. >> honestly, i don't care. it doesn't matter. i mean, it's fine. >> if you're president and he's the british prime minister -- >> it looks like we're not going to have a very good relationship. who knows? i hope to have a good relationship with him. but it sounds like he's not willing to address the problem either. >> would you like him to withdraw the particular comments that you're stupid, divisive and wrong with your view about muslims? >> well, number one, i'm not stupid, i can tell you that right now. just the opposite. number two, in terms of divisive, i don't think i'm a divisive person. i'm a unifier, unlike our president no

one reason this david cameron story is so important. donald trump is speaking to something true. i mean, this massive influx of middle eastern migrants in the last two years is a terribly destabilizing fact. a couple million people entered without authorization and no one knows much about them. there's been a spur in crimes of all kinds and there's serious terror threats. if the west needed to defend itself, it needs the alliance structure that donald trump is doing damage to. the problem identified needs the solution he's trying to discredit and destroy and that's why this campaign is so for many of us on the right center of american politics because even when donald trump points his finger at something true, he uses that in a way that hurts the west and hurts the united states. >> i'm going to throw another monkey wrench and put out another big name. another big, big name and that's bill clinton because hillary clinton made some comments about bill clinton possibly being the eco-czar. the economic czar for the administration were she to be so lucky. here's how she phrased it. h

president david cameron feels a brexit could lead to war in europe. that and much more coming up.e were born 100 years ago into a new american century. born with a hunger to fly and a passion to build something better. and what an amazing time it's been, decade after decade of innovation, inspiration and wonder. so, we say thank you america for a century of trust, for the privilege of flying higher and higher, together. ♪ >>> a very good morning to you. welcome back to "worldwide exchange." futures are higher by 3% to 4%. the dow is expected to open about 55 points above fair value. the nasdaq which has had a tough couple of weeks up by .40%. >>> british prime minister david cameron speaking earlier this morning warning that a brexit would increase the chance of europe going to war. he suggested that the eu had in his words, quote, help reconcile countries and maintain peace. just six weeks until the june 23rd referendum. that element of security has always interested me because we talk about it in terms of the market and how it hurt the british economy. this is something presiden

of course we are waiting still to hear from prime minister david cameron.to our phil black. we'll bring him back with us after that speech. many thanks again. >>> all right. let's move on for now. of course we'll return to that when it happens. but i want to move to a developing news story out of north korea. the country is expelling a bbc correspondent after authorities took issue with what they call disrespectful reporting, especially about leader kim jong- jong-un. the bbc says that rupert winfield hayes and two other employees were held and questioned by officials for about eight hours or so. they added that wingfield-hayes was released but only after signing a statement. the bbc is now trying to get all three journalists out of the country. earlier cnn's will ripley spoke to us from pyongyang about why the reporter was being expelled. take a listen. >> reporter: here to cover the workers' party congress spiskly but he was invited in with a group of nobel laureates who came here to have discussions with north korean officials and they made very stops to

david cameron: i had meetings with ministerial colleagues and others and in addition to my duties in this house i shall have further such meetings later today. mike: even fantastically corrupt nigeria is asking britain to clean up its act and introduce beneficial ownership registered to the overseas territory. will the prime minister achieve this at the corruption summit? yes, we haver: asked three things of the overseas territories and crown dependencies. we asked for automatic exchange of tax information we asked for --ommon reporting spam and standard and central beneficial ownership registries. the firstdelivered on two and they will be following and delivering on the third. that is what he asked for and that's what is getting. >> we have unprecedented housing growth. does the prime minister agree that we must build sufficient starter homes so that the dream of homeownership become something that everybody really can't afford? prime minister: i want to thank my neighbor and honorable friend for raising the question. we are building more houses and right across england. we're buil

why on earth would david cameron say, by the way, i like donald trump? you know, donald trump is a bit of a gift at at the moment to politicians in london. he's a gift to the london mayor. he's a bit of a gift to david cameron, too. there are a few people in the u.k. at the moment who have as high unfavorability ratings as donald trump. >> does it hurt him to do this? >> i can't figure out how that plays. i think people who think that traditional foreign policy views are going to matter. you know, you talked about before about who is qualified to be president. for a lot of americans, they want a president someone who will change washington. that's the biggest quality they want. a guy that sends signals he's going to stand up to traditional american allies i think that's a signifier to change to some people. >> let's listen to what donald trump said about prime minister cameron. >> david cameron recently said he stands by his comments that your position on muslims was stupid, divisive, and wrong. >> yeah. >> he wouldn't apologize. >> honestly, i don't car

right now though, we want to go to david cameron in the uk talking about the brexit.e a listen. >> in europe, nonetheless, it does address the key problems, and it was a successful negotiation, but i do, when i said that if as in that speech and i have said it many other times, if this organization had rebuffed one of the leading members and contributors and said, look, we are simply not going to address these things or prepared to talk to them, and we would have at that point said to them, if this is really an organization to us, and if it is so deaf to the proposals, i am fwlad that it can did respond. >> i must ask what you meant by that you would not be arguing for withdraw? >> well, i have not in my physical career, i have not argued for leaving the eu. >> you have said that already, but i am asking that seeing as this is not a hypothetical -- >> well, it is a hypothetical vision, because it is -- >> prime minister -- the current e sushgs t eu and the current eu and the hypothetical is what it would look like after the negotiation, and so i am asking you a real q

david cameron says it is time to tackle dirty money. the british prime minister hosts an anticorruption summit in london. ♪ >> dilma rousseff has been knocked out by the senate. on akers to suspend the embattled leader. t dawn aftere a a session that lasted throughout the night. voted to suspend the embattled leader. [applause] the trial is approved. this, let's cross to richard thompson who joins us from rio de janeiro. its say andas had dilma rousseff will stand trial for breaking budget laws. using tricks to hide a large budget deficits. what happens next? basically, dilma rousseff is automatically suspended for up to six months. emer president michel t becomes the active head of state. -- marines have will be dilma rousseff will be informed of her suspension. she has already cleared out her personal belongings and sixpack expected to- and is make an appearance to supporters. she remains president and will emer will assume her duties. we don't know when the trial will happen. dilmaer to remove rousseff permanently from office, two th

david cameron and his appeal to using wartimele leader winston churchill. persuade countrymen to vote against a brexit in the referendum. he will say britain has a fundamental national interest in maintaining common purpose in europe to avoid future conflict between european countries. that requires british leadership and for britain to remain a member. we have 2400 journalists working. find more stories on the bloomberg at "topgo." manus: thank you very much. the very latest. let's check in on the markets. let's get to david ingles, standing by. two very different worlds. chinese stocks dropping. the rest of asia -- talk us through. don't think i remember the last time asia was this mixed. have a look at your first point here. shanghai composite. shenzhen is much worse. the biggest two-day drop in over a week. 5.5%. you see every single sector is down. the index is approaching these oversold levels. one thing to remember about shanghai, it is not a typical market. typically, when you get the index falling, you usually see an immediate bid up. bid up asoes

speaking at a news conference with david cameron, he made his position clear.n very clearly would prefer britain to remain within the european union. it is better for the world that britain remain within a strong european union. we want to see britain and europe remain influential actors on the global stage, contributing to a rule based on piste and stability -- on peace and stability in asia. anna: cameron highlighted how britain could jenn benefit from japan-eu trade deals. >> we want to see more jobs, greater growth, and increased prosperity for our countries. we both agree the way to do that is through a comprehensive japan-eu free-trade agreement. this deal could be worth 5 billion pounds a year to the u.k. economy. and i haveter abe agreed to do everything we can to get it signed so we can start reaping the benefits. ona: john wraith joins us set now. charles newsome from investec wealth and management still with us. great to have you on the program. i see that next week we're going to get new forecast from the bank of england. some commentators saying it

is so crucial for us to work with local journalists because we can find it -- anyone can find david cameron's father but not everybody can find the lawyer of -- i don't know -- the childhood friend of a former minister in senegal, for example. on the ground journalists who we can trust, a key resource that we are continuing to seek out and added. of course each time we had a journalist, we are adding workloads onto not only individual reporters like me or marina who have to train journalists to convey the importance of the collaboration and how we work, but every time toournalist types in a word the database and correct me if i am wrong -- there is a financial cost that based on the -- based on what we are using. both people and dollars are going to be increasingly important to us. we have a staff of 12 and we are dealing with 400 journalists, dealing with massive amounts of data appeared we are a nonprofit organization. we are funded only bound -- only by foundations and individuals. had to layation just off journalists at our organization. we need continued support in from donors and from i

mark: david cameron's latest appeal to voters not to leave the european union.warned that a praxis would be a death blow to the economy and the country's reputation. >> i understand why many people are wrestling with this decision and white their heads and hearts are torn and i understand and respect the views of those who think we should leave, even if i believe they are wrong and that leaving would inflict real damage on our country, its economy and its power in the world. mark: boris johnson responded with his own speech in another part of the capital, claiming a brexit would lead to more autonomy, and economic prosperity for the british people. >> it is a choice between a dynamic liberal, it's always in, open, global free trading prosperous britain or a britain where your main subject to an underground -- undemocratic system devised the 1950's that is now actively responsible for low growth and in some cases causing economic despair. mark: let's chat more about this. thank you for joining us. what are the best and worst outcomes here? >> we believe that the

david cameron called it stupid and equipmentive and wrong.s is what donald trump told the associated press. >> looks like we'll not have a good relationship. >> would you like him to withdraw that comment of stupid and wrong. >> i am not stupid, i can tell you that right now. just the opposite. and in terms of divisive i am divisive. i am a unifier. >> reporter: he has to pick a running mate. and there is a lot of conservativives who think that donald trump is a moderate or liberal and argue he is the wrong guy. and as someone to take it away. they are trying to do that. >> we are learning more about hillary clinton's search for a running mate. she is looking for a running mate to a pole to bernie sanders supporters. i know you have talked to people who are talking to the clinton campaign, what is she looking for in terms of a vice-president. >> this is throwing out the old conventional thinking. once you lock down the nomination. run to the middle and try to attract independent voters. in the case of hillary clinton, that is the opposite of

david cameron says leaving the eu puts fundamental national interest at risk. we will hear from boris johnson later this morning. and thousands protest in athens after the national creditors meeting in brussels. in greece braces for another summer of discontent. welcome to "the pulse." i am mark barton. francine is at covering london city week. she will be hosting a panel on the economy with vito constantia . and charles evans. you can see that here live on bloomberg just after 10:00 a.m.. let's check in on the markets after two weeks of decline, stocks of open higher helped in part by the stronger oil price. up by onelondon are third of 1%. the pound is lower against the dollar. growth forecast will be published on thursday as with the latest u.k. interest-rate decision. is up by 0.9% at $45.78. let's hit the latest bloomberg first word news. is here.ic >> crude prices are on the rise after wildfires in canada knocked out more than $1 million a day of production. the company is's biggest energy and have declared force majeure on supplies from the region. that'

david cameron's government has stepped up its campaign for an in vote. the country could face a year-long recession in the event of a brexit. these campaigners say the treasury document is deeply biased. let's introduce our guest. great to have you. as always, thank you for coming on. when you look at the brexit debate, what concerns you the most? sure, there is a lot of pressure on sterling. there seems to be a lot of pressure on investment. but what is the key thing? >> i think the markets have been very logical. sterling has been the perfect barometer. it fell sharply when boris johnson joined the campaign; it rallied modestlyw hen barack obama intervened to speak. it has been creeping up. looking at the other indicators, the equity market has been extraordinary. that is europe's best-performing major equity market this year by a considerable margin. yes, u.k. has 70% of earnings coming from overseas, but nevertheless, it shows you that equities are taken broadly in their stride. it's a little more volatile; sharply, sold off but not wildly out of lin

david cameron has been accused of breaking promises on immigration.nd saudi arabia have worsened with toronto announcing it will boycott the hajj this year. tehran announcing he will boycott the hajj this year. a president described his salary as "insulting." offered $2 million a year. german media said he did not accept the proposal, saying he found it an insult. powered by over 2400 journalists and 150 bureaus around the world, this is bloomberg news. we're looking at what's happening with china. it is the world's biggest car market and has a woeful safety record. more people die on chinese roads than anywhere else. awareness of basic road safety is, well, a big factor here. >> because so much of china is covered by cctv, we see fatalities,those 260,000 a year, eight times more than the next biggest car market, the united states. there are almost 50,000 additional cars every day on the road, and many of the people have never been driving a car. it is an issue close to the heart of one actress. she is using her celebrity to educate. an emphasis on sa

referendum, which got me thinking on the -- david cameron announced the referendum of saturday, february many people forget that was the day he announced the referendum, so it got me thinking, how have assets fared with a month to go, so started bondthe bloomberg u.k. index, this is an index of u.k. government bonds and the purple line is the percentage increase, up by .26%. .1%,uries have fallen by euros in government bonds have gained 1%. if they vote to leave the european union, guilt could favor from -- that is the first point to consider. sterling, point was it also a doubt a small gain against the dollar, it has actually risen by 20 -- .32%. in the week after the referendum was called, the pound actually dropped by 3.7%, to the lowest level since 2009. last week, we've seen polls which have benefited the remaining cap and in the months leading up to the referendum, the focus in the market has been on the fed only not raising rates in a hurry, that has changed in the last week. the best-performing asset class bystocks, the ftse is up 3.12%, investors have been putting money into the

prime minister david cameron will take questions in front of the liaison committee brexit.pe down for the fourth consecutive session. i am sounding like a broken record, but that is the story today. that was the story yesterday. every industry group is falling on the europe stoxx 600 today and it is all about earnings from the likes of air france, bhp billiton, just to name a few. the european close is next. ♪ betty: that is 11:00 in new york and 11:00 p.m. and hong kong. from bloomberg world headquarters in new york, i'm betty liu. i am mark barton in london and you are watching the european close on "bloomberg markets." mark: we are going to take you from new york to london to california in the next half hour. cbs earnings results beat forecast inks to live events like the grammys and the super bowl. we are going to hear from leslie to what the future holds for the $25 billion corporation. in on shell is joining recording first quarter profits that beat first-quarter estimates. the majorst over for oil producer? the clock is ticking on the u.k. referendum vote. is going t

david cameron travel 28 hours from the u.k. to japan. he could've used that time to possibly rally more support on the remain camp when it comes to the e.u. referendum weeks away. also from angela merkel, she is trying to put a lid on this refugee crisis, which really has dampened the support from her own party. a very interesting topic. but yes, those issues still very playing much here at the g-7 and at home in europe. francine: thank you so much. i know it is quite a way to get to. they do this kind of thing for g-7's. now let's introduce our guests. she is sharon bell. at goldman sachs. thank you for coming in. when you look at the g7, four or five countries are made up of europe. a dealt with greece in correct manner last year that we would be away from it that we have one more problem. >> the big problem is a lack of growth and lack of inflation. in the headlines, since we have deflation in europe at the moment. so, we have very little pricing power for companies. the ecb has eased policy. not yet buying corporate bonds that they p

bore is johnson is ridiculing david cameron, saying he doesn't believe cameron believes what he is saying union is an old regime, and fighting it is a liberal project. quote. i find it offensive, insulting, irrelevant and positively kret innous to be told sometimes by people who can barely speak a foreign language that i belong to a group of small minded xenophobes. there's a survey out showings almost half, survey eight countries outside the u.k., almost half those around the european union would want their own referendum. if you look in italy or france, the proportion of people that would like to leave the european union as well is high. that cuts both ways. one hand, shows why the vote could be systemic for the european union. also demonstrates why the u.k. won't be allowed if they exit to have a decent trade relationship with the union. they have to keep a lead on it to prevent other member states from leaving as well. guys, back to you. >>> when we come back, apple shares down about 15% in the last month. how low could it go? two top analysts will join us. don't go away. trader group

david cameron in hot water after this. >>> we've got the nigerians. >>> good morning, welcome back tostreet signs." italian banks once again the focus to earnings spotlight in milan. we're hearing from the banca in milano. the bank set its short term would be there with the ecb to concede that deal. shares up 7.4%. meanwhile, banco popolare with a 77% slump in trading income and tough market condition which is of course have hit all of the learneds there. meanwhile higher interest rates helped mediobanca with profits. that wasn't enough to allay fears over the bank's core capital. the ceo said he was satisfied with the results. >> excited about the first q numbers and the net profitability. it's better than expected, even discounting two of the big for 50 million uros. satisfied about the business progression volume. for the deposit of the loans. for the first time, seeing the first time the stock is increasing even though we're keeping the leverage to the bank. satisfied about the volumes of deposit because of these activities. satisfied about costs even though we think we can improv