especially among younger britons, and not just in edinburgh. >> the most important thing of the e.u. was that it kept peace, it created a community, a sense of community in all the countries. >> we're in a world of uncertainty just now, and i'm not exactly sure what the necessary precautions are that myself and my friends need to take. >> i'm not trying to say that we're cutting off ties completely, but i think we're now a young enough and a strong enough country that we can do well, we can do well. reporter: two years ago, alan waldron voted for scottish independence. now, in the aftermath of the brexit referendum, he's hoping scotland will get a second chance to decide on breaking free of britain. alan waldron: for me, britishness is poisonous. i'm scottish first, european second, and the concept of britain is -- it's got a lot of bad taste, historically. reporter: outside, the bagpipe music resumes. scotland's national symbol will be a lasting presence here, no matter how this crisis plays out. michelle: in the wake of the british referendum, many of us here in germany are asking

and much of that begins here in edinburgh, scotland.o eric, you're an american student in edinburgh wearing a cape. >> it's a dream job really. >> brown: dream job, why? >> read all the books, seen all the movies, played all the video games, bought all the toys since i was a little kid. >> brown: 22-year-old eric geistfeld of eden prairie, minnesota is finishing his studies at the university of edinburgh, with a degree in physics-- "real magic" as he told me. but he may be an even bigger student of j.k. rowling and harry potter. we followed as he led a group along the city's "potter trail". it includes the famed greyfriars kirkyard, the cemetery where j.k. rowling gathered names for characters. h she would come here and have the brain story for her first harry potter novel within these very walls. >> brown: beyond that. hogwarts. >> brown: the hogwarts school of witchcraft and wizardry. then there's the elephant house cafe where, as all potter-heads know, rowling, then a poor, single-mom, would sit for hours with one cup of coffee and w

edinburgh was a wonder in the 17th and 18th centuries.it was famed for its skyscrapers -- they say the first anywhere -- but also for its filth. it was once the most congested city in europe. its most wretched couldn't even afford candles. they lived in darkness. it's said they knew each other not by how they looked but by how they smelled. medieval skyscrapers towered ten stories and higher. frontage on high street was so limited that the buildings were narrow and tall crammed shoulder-to-shoulder with little courtyards called "closes" branching off. these closes were connected to the main drag by skinny lanes or even tunnels. 400 years ago, edinburgh was nicknamed "auld reekie." the entire city was a black-stained mess of chimneys and reeked of smoke. the royal mile ends at the gates of holyrood palace -- for 500 years the official royal residence here in edinburgh. tis nightly business report with tyler mathson and e re >> a fed divided. officials central bank disagree over the path of interest rates as the ou grows increasingly cloudy

especially among younger britons, and not just in edinburgh. >> the most important thing of the e.u.s that it kept peace, it created a community, a sense of community in all the countries. >>>> we're in a world of uncertainty just now, and i'm not exactly sure what the necessary precautions are that myself and my friends need to take. >> i'm not trying to say that we're cutting off ties completely, but i think we're now a young enough and a strong enough country that we can do well, we can do well. reporter: two years ago, alan waldron voted for scottish independence. now, in the aftermath of the brexit referendum, he's hoping scotland will get a second chance to decide on breaking free of britain. alan waldron: for me, britishness is poisonous. i'm scottish first, european second, and the concept of britain is -- it's got a lot of bad taste, historically. reporter: outside, the bagpipe music resumes. scotland's national symbol will be a lasting presence here, no matter how this crisis plays out. michelle: in the wake of the british referendum, many of us here in germany are asking -

learnedd news, we just that the plane landed safety in edinburgh, scotland. it originally took off this morning from heathrow, bound for chicago. you can see the flight map right declared an emergency and burned off some fuel as they circled around scotland. everyone on board the aircraft to save. we don't know how many people were on board. we know it was a 700 67 hundred. right now we are waiting on united airlines on what it is the problem was and how they are re-accommodating those passengers to get into their final desk nation. once we have new informationwe great day on tap. jummy: absolutely, the humidity is not too bad yet. let's get over to her on a cap for the forecast. veronicaget over to for the forecast. veronica: clouds out there right now, mid 60's. not too bad. humidity on the rise. a look at this on storm track seven radar, a few showers making their way eastward. light showers in prince william county and charles county. gainesville, manassas, would rich, you will see those sprinkles in the next couple of minutes but all in all it will be a

they say glaswegians have more fun at a funeral than people in edinburgh have at a wedding.amount of knuckleheaded behaviors. if you're looking for a beer and a beating, glasgow will happily provide it. the toughness thing is no joke. if you've ever tried to choke a small glaswegian into unconsciousness, as i have, long story, let me tell you, it's like wrestling with an angry fireplug. it's nearly impossible. also, it hurts. access to guns is extremely difficult here. so scottish hoodlums, unable to dispatch their victims with the kind of speed and efficiency as we enjoy in the good old usa, has had traditionally to resort to the knife to do its maiming and killing. the old country way --one person at a time. >> man archival: the stabbing might not get more than a few lines down column in the glasgow papers, because in this city of violence, ordinary stabbing is hardly news anymore. >> anthony: where knife violence is an affliction, there must be a cure. meet mark davies. he began his career working as bouncer in some of the east side's toughest drinking establishments wher

sam: we just learned that a boeing 747 has declared an emergency and is trying to land in edinburgh, scotland. it is in a holding pattern right now. this 767 is trying to burn fuel before it can land. right now it's too heavy. they tweeted that a pilot on board said that there is some sort of fuel issue. at this hour they have said that everyone is safe and that once the plane lands safely, we will let you know. back to you guys. , let's 6:00 straight up get a c

sturgeon up in edinburgh. maybe the time is, you boys have had your day.bviously you don't want to be anti-man, but i have seen a lot of nonsense being spoken by men, and a lot of common sense being spoken by women in the last two weeks, and that would tilt me at the next election. i have decided to wear a gray suit today. [laughter] juncker,an-claude younger i'm not a fan of these people, and i don't think many people are, but i live in a country that for 11 years has had a chancellor who is not a born leader, not good at rhetoric, cannot explain things too well, but she governed the country quite well. so i'm used to the fact you can have uninspiring leaders who make good policy. sometimes people stay around too long./ i think the fatigue has set in with juncker and schultz. they can say the most sensible things in the world, i just don't think anyone would listen to them. ofking at the pictures trafalgar square of young brits with the eu on the cheeks, i have never seen that before. they realize when they are afraid of losing something, what that means.

on robbinsville-edinburgh road. about a mile from the high school. sources say she was rushing to get to school early for a class trip. authorities now say she was talking on her cell phone during or around the time of the crash. >> it's tragic all the way around, and this young girl will never be the same. >> reporter: mayer, a husband and father of three, was mourned by hundreds at a vigil just after the crash. all district schools were closed for two days. as the school year went on, the investigation into the crash continued. detectives reviewed witness statements, physical evidence, and cell phone records. >> it's a wake-up call that it's not all about your phone. >> reporter: 16-year-old jamie dunlap just got her driver's permit and says the crash prompted safety discussions. >> my mom tells me like every time i get in the driver's seat, even though she's with me, she's like, just don't -- don't look at your phone. turn it off. honestly, it can wait. >> reporter: the driver's name has not been released because she was a juvenile at the time of

she made the announcement in edinburgh after talking with nicola sturgeon. she said in light of last month's vote to leave the eu another referendum in her words, is highly likely. scotland's population voted to remain in the eu. a longshot attempt to buy delegates to prevent ronald trump's nomination -- donald trump's nomination has been rejected. they voted to turn away an amendment that would allow delegates to vote their conscience and ignore caucuses in their state. it was a setback for anti-trump. the controversy over the use of a private e-mail server while secretary of state damaged hillary clinton. more than half of americans think mrs. clinton roque the law, and four in 10 believe she did so intentionally. the presumptive democratic nominee has been dolled by the perception she is -- dogged iv perception she is dishonest and used the private server to avoid laws. i mark crumpton, this is bloomberg. shery ahn: let's get a check on u.s. stocks. markets feeling the downward pressure. equities struggling to advance. the dow jones down. remember, the u.

did prime minister discuss this when she met with nicholas surgeon when she was in edinburgh and will she do everything to ensure that remain means remain for scotland? >> can i thank him for his judgment and the, that he made. the recognition that he shows us he supports my husband philip. we all rely on support from those around us to do our job and we should never forget that. i did discuss the arrangement in relation to the negotiation for the united kingdom pleading -- leaving the eu. i was pleased that my first trip to scotland and i was able to do that so early in my premiership as i have been clear, the union is very important to me. i'm also clear with the first minister that i think there is some ideas put forth that are impractical but i'm waiting to hear the options and we will be engaging fully with all the involved administrations. >> germany has the highest level of support of any continent for scotland remaining. minister thank chancellor merkel and the members of our government and members of the bundesliga, their interest in having scotland remaining in the you and w

. >>> directly between glasgow and edinburgh scotland is shotts, the farming village that dots the isle's central interior. but just beyond grazing sheep is a much more foreboding presence. this is hmp, her majesty's prison, shotts, a maximum security prison that houses more than 500 of scotland's most violent prisoners. >> all the prisoners will be serving four years and offer. that means they've committed a serious crime. 52% of the prisoners here now are serving a life sentence. most life sentences are given for murder. so we have a lot of murderers here. >> many of the men committed for murder here are in their 20s and claim drugs played a role in their crime. >> this man's crimes made headlines. >> so you were a drug dealer? >> a drug dealer, aye. a wee bit. >> but hutchison was a drug dealer with a sadistic streak. he's serving a 25 to life sentence for two murders, attempted murder, kidnapping and torture. >> how did those two people die? >> one fell off a bridge and the other one died. >> one fell off a bridge. would that be an accident? >> aye. >> what happened? >> fell off a bri

did the prime minister discuss this when she met with nicola sturgeon in edinburgh, and will she do everythingensure that remain means remain for scotland? prime minister may: i thank the right honorable gentleman for his welcome, and for his comments in the monday's debates. we rely on support from those around us to do our job. we should never forget that. i did discuss arrangements in relation to the negotiations for the united kingdom leaving the eu with the first minister, and i was very pleased that my first trip was a trip to scotland and that i was able to do that so early in my premiership. as i have been clear, the union is very important to me. i was also clear with the first minister that i think that some ideas being put forward are impracticable, but i am willing to listen to options that are brought forward, and we will be engaging fully with all the devolved administrations. >> angus robertson. >> germany has the highest level of support of any continental european country for scotland remaining in the european union. will the prime minister thank chancellor merkel for the inte

she made the comment in edinburgh following talks with scotland's president. of last month's british vote to leave the eu, another referendum is highly likely. scotland's population voted overwhelmingly to remain in the eu. a longshot attempt by rogue delegates to prevent donald trump's presidential nomination has been rejected by a key rnc committee. turning away a proposed amendment which would have allowed delegates to vote their conscience. new england patriots quarterback tom brady will not appeal his nfl four game suspension to the u.s. supreme court. a federal appeals court denied his attempt to get a new hearing on his deflategate suspension. roger goodell was within his powers when he suspended brady for his role in the deflated footballs used in a game. global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. david: financials are falling today as investors digested second-quarter results from citigroup and wells fargo. city beat estimates while wells fargo matched. wells fargo is the biggest laggard

may will visit edinburgh on her first official appointment outside london since becoming uk prime minister. she will deliver a pledge in an attempt to dampen renewed calls for independence following the brexit vote. more fed officials have played down the impact of brexit on u.s. growth. the atlanta fed chief says he except -- expects negligible near-term effects from the e.u. vote. >> my own sense is the impact on the u.s. economy probably is going to be modest. to reallyearly understand all the elements of that will be, and of course, will be watching how the u.k. begins to react to that vote. nejra: global news powered by 2600 journalists and analysts in 120 countries. this is bloomberg. mark: let's bring you the latest news from france. has extendedlande the state of emergency. he will deploy 10,000 members of the security forces after the bastille day attack. a truck loaded with weapons including hand grenades throw for more than a mile along the least 84, killing at people and injuring hundreds. the truck driver has been identified. officials say the driver was killed in a shootout w

listen to proposals about scotland's future relationship with the european union, commenting in edinburghh's british boat to leave the eu, another referendum is highly likely. brexit referendum, scotland's population voted overwhelmingly to remain in the eu. northern england, people lined the streets to pay tribute and final respects to joe cox, stabbed and shot to death outside a library on june 16. a private funeral was held today. quarterbackpatriots tom brady won't appeal his four-game suspension to the u.s. supreme court to a federal appeals court had denied his attempt to get a new hearing on his deflategate suspension. the three-judge panel said that roger goodell was within his power when he suspended brady or his role in a scheme to dr. footballs used in a playoff game. is big money for von miller of the denver broncos, miller signed a blockbuster $114.5 million contract to stay with denver, including $70 million in guaranteed money and makes him the highest-paid non-quarterback in nfl history. it is a six-year deal for the super bowl m.v.p.. global news 24 hours a day powered by

david currently serves as a lecturer in american history at the university of edinburgh in scotland. he teaches a wide range of cours es in the u.s. south. after beginning his career as a high school teacher, he in, florida, he earned his phd at the university of north carolina, chapel hill. taught at the university of north carolina state university and there he published his first book, a superb one. " moments of despair, suicide, divorce and debt in civil war era north carolina." the shifting sediments of black and white towards suicide, debt and divorce in the post civil war south. this book received a number of awards. he's got a new book. entitled, "driven from home, north carolina civil war refugees." it should be out in october. published by the university of north carolina press. so pleased he is here. his son was a scholarship recipient two years ago. heir family very well. we are thrilled you are going to come back. he's going to speak about southern honor and 70 feet. southern honor is tossed around a fair amount. it conjures up the idea of cheating each other. it is a mu

>>lects i have heard some -- i have heard some bankers talking favorably of edinburgh besides from thether. you been looking back at these big market events. what can we learn about how this one performed? >> one of the reasons we are still underweight equities and not taking risk right now, if you look at the asian crisis, lehman, you only get the realization of the magnitude of this in the market about eight or nine trading days afterwards. if you look at performance and volatility. it comes in the week after the event that volatility begins to pick up, as people piece together the economic and political implications. this week, i think maybe people have only been looking at the good things that came from the referendum, the possibility a brexit doesn't happen, more qe from the central banks, and next week, reality will hit. >> we are not over the initial reaction really. >> i don't think so. i think there are other avenues. one that is going to be important is fx. had a massive bout of weakness. this may break the truce in currency wars. keep an eye on the chinese currency, because

the scottish parliament in edinburgh was destroyed in 1999 -- the momentum of the campaign forced thein political party to promise scotland and accelerated plan to keep it in the union. scotland's politicians are using their unprecedented national influence to get more of what they want from the u.k. and are likely to use this brexit vote to demand another ballot on independence. since scotland's economy would ,e underpinned by oil independence say the plunge in -- scotlandices needs to remain part of a larger country that has a greater say in the world, they say. but, that argument has been turned on its head now by britain's decision to leave the eu. scotland should pursue its own distinct economic and political and apart from the u.k. remain within the four decade-old union with the rest of europe. visitre stories, bloomberg.com. ♪ shery: this is "bloomberg markets." i'm shery ahn. matt: i matt miller. a gorgeous shot from the roof of our building. shery: time for the bloomberg business flash. blackberry will no longer manufactured the block very classic -- blackberry classic. intr

, to my far right, david-- who is currently a lecturer in american history, at the university of edinburgh in scotland. he teaches range of courses on civil war and southern history, reconstruction and civil war memory, and his first book, it is an excellent one, published by the university of north carolina press, and entitled moment of despair, suicide, divorce, and debt in civil war era north carolina. next to david is james brumar. he recently assumed the directorship of shepherd university's george tyler center for the study of civil war. shepherd university, as many of you know, is just across the potomac river, and, of course, just in west virginia. he also is an assistant professor of history in the university history epartment. he's published a number of articles. he's done field studies for the national parks service and he's just on the cusp of submitting his first book manuscript for publication at the university of north carolina press. next to him is james-- jason phillips. the professor of civil war studies at west virginia university. his first book published by the univers

theresa may will pay a visit to edinburgh, scotland. she will deliver a pledge to govern in the interest of all scots, and attempt to dampen renew calls for independence. japanese prime minister shinzo abe in mongolia. asia's two largest economies a relationshipr fractured by disputes. china warns japan to stop intervening in the south china sea. global news 24 hours per day in 120 countries. this is bloomberg. tom: let's go do the data check quickly. quieter markets on this friday. futures take a pause. what an extraordinary run for equity markets. the yields drive higher. there is a risk on feel. you see it in the 10-year yield. , $45.21 out of west texas intermediate. the extraordinary dow closing. i can't get my mind around 19,000, scarlet. we have a bid to sterling. i know, scarlet, you are watching that. the german 10-year almost back to zero, made some real risk on headway back to a smaller negative yield. scarlet: let's stick to overseas markets. a asia, gains extended to fifth straight day. dataatalyst was the better than expec

standard life of edinburgh shutdown redemptions from a property fund, a real state fund over the three-day in the united states. that is a back story and on the front story with bloomberg news is nejra cehic. nejra: it is the first test for the five people who want to succeed david cameron. or than 300 conservative party members will vote today and the candidate that receives the fewest votes will be dropped from the race. andrea leadsom finished first in one poll but bookmakers say teresa may is favored. saudi arabia is the latest targets in a series of terrorist attacks as a suicide bomber kills himself and for security individuals. two other bombings caused minimal damage. in baghdad, the death toll has gone up from the truck bombing. at least 157 killed and 200 wounded. islamic state claimed responsibility. minister hasrime opened a four-day tour of africa. netanyahu is trying to drum up business for israeli companies and will travel to kenya, ethiopia, and rwanda. angela merkel says a post grexit european union us be open to the balkan nations. it is assigned she is not giving up on a

joseph fitsanakis, who received his ph.d from the university of edinburgh and built the security and intelligence studies program at king university, has taught and written extensively on the subject, such as international espionage, intelligence trade craft, wiretapping, cyber espionage, transnational crime and intelligence reform. he's a frequent contributor to the news media, such as bbc, cbs, abc and npr. mark mazzetti has reported extensively from afghanistan, iraq and the horn of africa for "the new york times" on national security. he holds a masters in history from oxford university and is the author of "the way of the knife," published by penguin in 2013, a best-selling account of the cia's covert action forces. please welcome our panel, and -- [ applause ] and i give the podium to dr. mark kramer. >> thank you very much. i am just waiting for a powerpoint presentation to be put up here. i should add, it wasn't mentioned in the brief biographical sketch, but something i realized afterward, especially germaine to tonight's symposium is i am also an editor of a book put out by

joseph fitsanakis, who received his ph.d from the university of edinburgh and built the security and intelligence studies program at king university, has taught and written extensively on the subject, such as international espionage, intelligence trade craft, wiretapping, cyber espionage, transnational crime and intelligence reform. he's a frequent contributor to the news media, such as bbc, cbs, abc and npr. mark mazzetti has reported extensively from afghanistan, iraq and the horn of africa for "the new york times" on national security. he holds a masters in history from oxford university and is the author of "the way of the knife," published by penguin in 2013, a best-selling account of the cia's covert action forces. please welcome our panel, and -- [ applause ] and i give the podium to dr. mark kramer. >> thank you very much. i am just waiting for a powerpoint presentation to be put up here. i should add, it wasn't mentioned in the brief biographical sketch, but something i realized afterward, especially germane to tonight's symposium is i am also an editor of a book put out by

edinburgh may went to and we are in a phony war situation.ked back from which they seem to be pulling their cars from the table. from the table. after a meeting last week, there is more of a willingness to look at the options in front of scotland. scotland playing political tactics or whether there prime minister is reconsidering her position remains to be seen, probably more of the later. she needs to be careful to not demand too much of a price now but the pressure is on her and that will be consistent to think hard about going for a second independent referendum if brexit happens. jon: thank you very much. it matters. david: i think it is fascinating. , lower yields mean the ecb will have to adjust the parameters of its 1.7 trillion euro qe program, a preview next. this is bloomberg. ♪ ♪ alix: this is bloomberg . tomorrow, the ecb rate decision and the future of on purchasing program is the main focus. this is off the charts. the ecb buys 80 billion euros worth of assets per month, they are running out of assets to buy , this red line

i was in edinburgh last week. i wanted to talk to leaders both political and business leaders.n every case, the business leaders told me they're not going to add jobs. they're pausing. if they need to add incremental jobs right now, they're going to do it in the continent. and so we're pretty convinced that brexit is going to cause a short-term recession. maybe longer depending on it. and maybe -- we haven't heard the narrative from the bank of england, maybe we want to see evidence of a true slowdown. >> but a cheaper pound is going -- in terms of tourism -- did you see bookings from china? there was a 200% increase of people looking at visiting london from china. >> now they're going to have a more expensive pound. it was 1.20. >> the conventional wisdom is it could stimulate growth. you were a total remainer beforehand. and i've noticed a lot lo of the remainers, either they're hoping it's not going to happen or saying maybe it won't. they're still sticking to how dire it's going to be. we haven't seen it be dire in the markets. >> you're not going to see that evidence in th