theresa may has been meeting with eu commission's president jean—claude juncker as both sides scramblerexit deal in time for sunday's summit of european leaders. stumbling blocks remain over uk access to the eu single market, access to uk waters for eu boats and gibraltar. let's talk to our political correspondent jonathan blake who is watching events from westminster. tell us what theresa may and jean—claude juncker have been talking about. the meeting has only just finished so we haven't yet heard the prime minister as we are perhaps expecting to this evening with some reaction to their discussion but it is likely to have focused on but the withdrawal agreement, phase one of the brexit process if you like, but rather the political declaration of the future relationship between the uk and eu. that is the broad outline running to about 20 pages or so, of how both sides see the relationship working in the future. 0n the last day there has been a sense the eu remaining 27 member countries aren't quite all on the same page about this. france raising concerns about fishing rights, after br

take the hand that has been reached out to you from the eu commission, send in a new budget. >> what is the next step? >> the next step is that italy has time until the 13th of november. the commission could decide to slap them with the financial fine. there is a whole hierarchy of fines. it would be finance ministers that have to decide whether they actually want to finance any of this. >> that would take some time to figure out. which is likely to happen first? that the eu punishes italy and mark or the markets -- that the eu punishes italy? for the markets for the defiance? >> you have to look at the numbers for an answer. costs have edged up ever since. the commission has rejected the italian draft budget. what i can see is downgraded toward junk territory. you have markets, that will be much quicker. >> the eu is punished as one. can they afford for italy to be punished? whether by itselelf or by the markets? >> the eu is walking a tightrope. they want to emphasize that the rules are working. you have to stick to the rules if you are in the club of 19 countries who have the euro

which the eu commission is rexxxxing to signm leaves a hole in the finances, and there is a battle nowopean commission, but i thought the language of this, if you wa nt thought the language of this, if you want to know what populists are trying to do in europe they are trying to do in europe they are trying to do in europe they are trying to emulate the trump model. what policies is he keen to adopt? they have a new budget next month, on something, which they haven't actually told us exactly what they are going to do. ijust love the headline. italy's recipe for growth will work for the rest of europe. i am not sure the rest of europe thinks italy is a great example even if they want to go trump's route. you encourage people to retire at 62 i think or allow people to retire at 6250 i think or allow people to retire at 6 2 so young people can take their jobs. i am 6 2 so young people can take their jobs. lam not 6 2 so young people can take their jobs. i am not sure the jobs market works that smoothly, so you mayjust end up creating more pensioners and not reducing the number of unemploy

so november 21 when the eu commission will announce some sort of sanctions.the very least for breaching european rules. but the fairly newly elected government is proposing to boost the italian economy, will that work?” proposing to boost the italian economy, will that work? i don't think it will work but the idea behind it is kind of correct in the sense that the problem is not because of the accumulated deficit, barring two years there has been a good financial status that it is the lack of growth. one would suspect some supply—side reforms which there is very little of. also restarting investment. in regard to that there is very little on restarting investment in the budget. what is your outlook for the italian economy? you've explained the reasons why it the —— why you do not feel the government's plan will give the economy to boost it needs. what do you think might happen in the next few years for the italian economy, which is critical to the eurozone? it is very critical. one of the most positive things that could happen is some sort of compromise. and

the first battlefield, that is one thing coming backk saturday to talk to the head of the eu commission at gibraltar. within the eu, that is the front line that has opened up. sarah: max hofofmann, our brusss bureau chief putting it into perspective on what is a very busy day where you are. thank you so much. meantime, the eu entering new territory in its budget dispute with italy. another front. stephen has the story. stephen: brussels indicating it is willing to pursue disciplinary actions as long as the country visas to change its draft budget for 2019. at issue is the country's towering debt. at stake i is avoiding the next financial crisis. >> only be flags coexist peacefully here. everything else is subject to dispute. never before has a member states budget been rejected butut the commission is determined to keep italy from increasing its debt burden. >> this is a common concern. euro areas should bebe playing y the same rules. these are here to protect us, to provide stability and mutual trust. >> it is the threat of an excess deficit procedure, it missed its target in rome by a

the president of the eu commission jean claude juncker tells mps that the deal endorsed by eu leaders is the best and the only deal on offer. with the deal approved, it will face a much tougher vote in westminster. the pm says she will make the case for the deal with all her heart and adds that the british people don't want to spend any more time arguing about brexit. and in other news — a man has been charged with the attempted murder of a police officer after a knife attack in east london. the incident happened at ilford railway station on friday night. daniel adeyemi, who's 2a, will appear before magistrates tomorrow. now on bbc news, it's time for the travel show. this week on the show: paris by tin snail. where is the gearstick? the gearstick is there. seeing seoul in a hurry, and the eu after brexit. take your place, get ready...go! this is so tough, my back is about to break. and there is gold in them there hills. we head to slovakia to find our fortune. i missed loads. our travels this week begin in a european capital very familiar to many of us. a city that has become a marke

. >> one eu commission rule is google is charging for makers to use the store and apps.oes that affect google's business in europe? john: we don't know yet. clearly it is a change. we thought we were doing the world a favor, creating a free operating system. >> how does that impact the ecosystem? john: a big concern for google was that it would be forked. instead of one, we would get lots of versions of android, which would defeat the value of the ecosystem. >> more of a risk in china? john: it could happen in other places. ♪ >> do you think there has been a failure of leadership in silicon valley? john: there has been a failure to anticipate some of the consequences. ♪ ♪ >> i know it has been less than a year since you took over as chairman of alphabet, but do you think about your legacy? john: we would like the company to continue to deliver high value to users. my mindset about any leadership role is that it is a service role. you serve the employees, shareholders, the community, and you serve them with a long-term perspective, things the company is focused on and how

michel barnier, the eu commission negotiator, has said that it could be up until the end of 2022.te to that after her meeting today with jean—claude juncker. 0ur chief political correspondent, vicki young is in westminster. the prime minister seems to have shored up her position for now. the plot against seems to have stalled. how important are these meetings in brussels for her position here at home7 brussels for her position here at home? i think downing street will be pretty pleased that that particular rebellion seems to have calmed down. but i think the bigger issue has a lwa ys but i think the bigger issue has always been getting that agreement through the house of commons. today, listening to prime ministers questions, i think they will be quite alarmed that there are still people getting up to speak who they might not have expected to have been questioning it quite so much, saying they couldn't agree with it. it is still hard to see whether support will come from. what she will be hoping for, they have made it pretty clear that the withdrawal agreement is closed, but there

she headed there on wednesday night for talks with the eu commission president, jean—claude juncker, all—night talks between officials, a d raft all—night talks between officials, a draft political declaration emerged on the future relationship between the eu and the uk. mr speaker, the draft text we've agreed with the commission is a good dealfor agreed with the commission is a good deal for our agreed with the commission is a good dealfor our country agreed with the commission is a good deal for our country and our partners in the youth. it honours the vote of the british people, by taking back control of our borders, oui’ taking back control of our borders, our laws and money —— eu. it protects the jobs and security of oui’ protects the jobs and security of our precious united kingdom. it ends free movement once and for all. instead, we will introduce a new skills based immigration system based on not on the country people come from but on what they can contribute to the uk. it ends the jurisdiction of the european court ofjustice in the uk. theresa may will return to brussels on s

today, the eu commission and the british government agreed a roadmap for the future relationship afterrexit. it is called the political declaration. non—binding. it goes alongside the withdrawal agreement published last week that spelt out the terms for divorce. within this blueprint for the future relationship, there is specific reference to ending freedom of movement. there is recognition that, post—brexit, the uk will be an indepedent trading nation. there's an aspiration to use new technology to ensure there's no need for the northern ireland backstop. but there would be a clear continuing role for the european court ofjustice in settling future disputes with the eu. and it is explicit in the document that the eu's four freedoms — free movement of people, money, goods and services — are indivisible. in other words, the uk's future access to the single market will depend on how closely the uk follows eu rules and regulations. here's our deputy political editor, john pienaar. here she was again. mrs may hasn't had much to crow about lately, but months of wrangling in brussels had fin

the two most powerful men in european football are in brussels today to meet the eu commission.ciation, are there to outline their vision for the future of the game on the continent. they've dismissed reports of a breakaway super league of elite clubs and said the rules which govern how much football clubs can spend need strengthening. they were speaking to our sports correspondent, richard conway. commentator: this is spectacular! it's gareth bale! they are one of european football's richest and most successful teams but according to recently leaked documents, it appears real madrid still want more. it is alleged the spanish side and ten other elite clubs were plotting a breakaway super league. but in a show of unity, the head of european football and the man who represents the continent's top clubs say such plans are fiction. all i can say is that any super league is out of the question. participation stays and everybody will have a possibility to compete in every european competition. that stays. sport thrives on competition. in its purest sense, it needs to be a meritocracy.

at this point, the eu commission and the economy and government stand on their own position.o change in the budgetary draft to ease thelowance budgetary austerity we have in europe. this is a tricky point. we have to find some way to negotiate further, but these ways exist. i would not be negative, but this is more political rather they eunomic and commission has to find some negotiation possibility. yvonne: we talk about asia overall, the eco-data seems to be getting softer. we saw that in germany and italy. are we seeing a trend that maybe 2019, we see a synchronized slowdown and the u.s. can carry the baton? patrice: in this current environment, the u.s. will keep positive momentum compared with the western economies. what we expect for next year, in aggregate for developed countries to go back to 2% growth which is not bad but not great. if we look at the u.s., thanks to all the positive momentum we have coming from the consumer side and fiscal reforms, we can 2.6%, to .6%, -- significantly above the western average and above the potential for the u.s. economy. the europe

, but it is all hedged around with ifs and buts, and frankly i don't trust the eu, because the eu commissioney can to make this as difficult as possible. the concerns that people have any house of commons, and this is the withdrawal agreement, we have distressed that, not the final deal, what is the incentive for the eu to offer something that britain wanted once the money has been paid and the maximum moment of leverage has gone? 0nce maximum moment of leverage has gone? once you look at the very considerable detail in this draft withdrawal agreement, it sets out recognition by both sides, and in thejoint recognition by both sides, and in the joint political statement as well, that there are disadvantages ina well, that there are disadvantages in a disorderly withdrawal from the eu for both of them, that is clear in london, where a huge chunk of the financial services for the whole of the eu sits. it is not in any one's interest to have that. but kate misses the key point, a lot of critics to — it is because this is not the final deal that it is daft to blow up the whole process for the sak

breaking we ignore news out of the eu commission. ves us a vision of what they see italy doing. the eu now saying they are mounting italian risks. this is all about the budget law and deficit. they say that 2020 italian budget deficit will breach the limit. tom: is going to be very important to see. i see the 3% limit and i think about the establishment of these new roles in europe. there is no question about it, italy is breaking the ecb rules of over a decade ago. francine: it is. a lot of people saying they just need roleroom to grow. others saying the budget doesn't make sense because it is not helping to grow. there are various layers to this. let's get to bloomberg first word news in new york city with taylor riggs. taylor: a critic of the russia investigation is now supervising it. president trump made justice department chief staff matt whitaker to be acting attorney general. he is a temporary replacement for jeff sessions who resigned at the president's request. he frequently criticized the sessions for recruiting -- recusing

the eu commission approves a draft of post-brexit. this is "bloomberg surveillance ."the thanksgiving holiday. picture tom actually roasting a big turkey. offices areate closed. let's quickly check in on what data is telling us. first, let's get straight to the bloomberg first word news. here is kailey leinz in new york city. the eu commission has endorsed the political declaration on the future relationship between the eu and u.k. now, it is subject to the endorsement of eu leaders at the summit on sunday. theresa may plans and last-minute dash to brussels to save the brexit deal. japan, nissan is a meeting to -- bloomberg has learned that the board is divided with some directors saying they don't have enough information about the alleged crimes. the decision could affect the future of the alliance. in south africa, the central bank is likely to raise rates today. the currency has gained 6% against the dollar this month. meanwhile, south africa's president will announce some changes to his cabinet today. the home affairs minister has minister of the environmental affa

impression there that there are still some outstanding issues for all the good progress that the eu commission the week to try and get something prepared in time for the summit. it's been three months since america lost one of its great statesman, the republican senatorjohn mccain. his family has vowed to continue his work, and his wife cindy is doing just that, by becoming chair of the mccain institute, which focuses on international security. she's been speaking to the bbc‘s yalda hakim about senator mccain's legacy, and how she may never get over president trump's claims that her husband was not a war hero, because he was a prisoner of war. when the news came of his passing there was this extraordinary bipartisan outpouring. why do you think the nation reacted in that way? john was truly the conscience of the senate and i think in many ways the country. people recognised him for his ability to work across the aisle and his belief in working across the aisle. also his willingness to debate but not demean asa willingness to debate but not demean as a result of differences. i think we have los

tomorrow theresa may will travel to brussels for a meeting with the eu commission presidentjean—clauded a "meaningful" vote on the deal that needs to happen sometime in december. if parliament approves the deal — which at this point in time looks by no means certain — then the eu withdrawal agreement bill will be produced early in the new year. then it‘s the eu‘s turn — its parliament will vote on the deal — needing a simple majority for it to be adopted. then at the eu council — 20 countries representing 65% of the population must approve it. if all of this happens, then it will be on 29th march 2019 at 11pm our time — that the uk is expected to leave the eu —— and the so—called transition period begins. and 21 months later — on the 31st of december 2020 — unless it‘s extended — the transition comes to an end, and the future relationship comes into force — providing that has been agreed by then. lots of it in but and a long way to global soap gas before we get to that stage. i am joined now by alison young, a constitutional expert and professor of public law at the university of cambr

did you know the uk has to submit its annual budget for review to the eu commission before it even tellsements of almost control in the eu that we don't perhaps need to have. we are not part of the euro, you get so much of the benefits of other countries in the eu don't get. i don't think it'sjust the eu. i think britain is being difficult saying listen, we want all the benefits but we don't want freedom of movement. you can't have that. it's simple. if you are in the single market you're going to have to have freedom of movement. stuff like that. i think theresa may and the government are being quite ridiculous. i do agree with your point. you think theresa may has done a good job? she's trying her best but if i'm completely honest i think she went in very soft and it's kind of like, for me, if you want to leave, leave. if you want to stay, stay. you can't sit in the middle. she is trying to keep everybody happy. the fact of the matter is you can't keep everyone happy in politics, you never will. i don't think she's doing a greatjob. that's why i generally think we should have another r

remember this july, when president trump and the eu commission president burst out of the white house and promised they negotiate in order to avert u.s. auto tariffs? that moment was four months ago. where do the two sides really stand today? >> i think we had some very, very good discussions both at working level and at the chief negotiator level. bob lighthizer and cecelia malstrom met a few weeks ago, two weeks ago, and she will be here on wednesday, as you said, to continue the talks with ambassador lighthizer. we have been working hard on the four pillars of that agreement reached between president trump and presidethere will be work o regulatory matters and exports which have been increasing considerably and joint work on how to reform the wto. so the talks are progressing very well. liz: i'm getting a better feeling hearing this from you, but then you start to hear about the concern regarding the auto tariffs. jean-claude was saying the auto tariffs and reprieve from them that president trump granted the european union actually expire, they will be done pretty much by the end o

. >> one eu commission rule is that google is now charging phone makers to you things -- to use thingsay store and google apps. how does that affect google's business in europe? john: we don't know yet. i mean clearly, it is a change. we thought we were doing the world a favor, creating a free and open operating system. >> how to you see that impacting the android ecosystem? john: a big concern for google was that it would be forked. instead of one, we would get lots of versions of android, which would defeat the value of the ecosystem. >> but more of a risk perhaps in places like china. john: in china it is certainly a risk, but it could happen in other places too. do you think there has been a failure of leadership in silicon valley? john: there has been a failure to anticipate some of the consequences. ♪ >> i know it has been less than one year since you took over as chairman of alphabet, but do you think about what you want your legacy at google to be? john: we would like the company to continue to deliver high value to users. my mindset about any leadership role is that it is a se

tomorrow is a deadline for italy to submit a new to the eu commission. regional earnings week also gets underway with home depot reporting third-quarter results. also on tuesday, we get the opec report.oil market on wednesday, the consumer price index inflation numbers for the u.s., with a retail sales numbers coming in on thursday. alix: time now for the bloomberg first take, we are joined by peggy collins, and romaine bostick. happy monday. the first story is oil. . this is what we contended with on friday. wti falling 21% from the october peak, entering the bear market. completely freaking out that members of the opec lost, the oil minister is saudi arabia saying that ideally, we don't like to cut, but we will cut if we see a persistent supply glut emerging. quite frankly, we're seeing some sense of this coming out of the globally.not we cannot predict what happens in 2019. but this does not support the oil market, remain -- romaine. >> i think we learn rather breach line is to react we have been averaging about $70 a barrel on rent and got around to

to an eu officialfrom the commission back injanuary and they said, this brexit thing is a fascinatingent and that is what we have ended up. page one, paragraph three, let‘s have an ambitious, broad and deep flexible partnership across trade, law enforcement and wider areas of co—operation. that is what the uk wanted to continue with the good bits of the eu/uk relationship, but without free movement and people without the court ofjustice. and page one talks of no more freedom of movement. there is something for everyone, if your france worried about the single market without conditions attached. there will be conditions attached. there will be conditions adached. if you‘re worried about fishing rights, there isa worried about fishing rights, there is a paragraph restating the eu‘s policy that the future trade relationship will have to address that and there will be a link between the uk and the eu that would allow eu boats into british waters. if you‘re a big british firm, there is stuff here to reassure that lots of stuff will be done to make sure that that trade works and is as easy

ahead of theresa may going back to brussels tomorrow with more talks with the european commission president and an eun sunday to sign off on the withdrawal agreement and the political declaration. mr speaker, the draft text we have agreed with the commission is a good dealfor agreed with the commission is a good deal for our agreed with the commission is a good dealfor our country agreed with the commission is a good deal for our country and our partners in the eu. it honours the vote of the british people by taking back control of our borders, our laws and our money, while protecting jobs, security and the integrity of our precious united kingdom. however, there are several major hurdles for the european union and the uk, including the future of gibraltar and the irish border. although the political declaration includes an aspiration for technology to ensure that is no need for a northern ireland backstop. i am joined by my colleague. this irish border is indeed a very thorny issue. indeed, it has really dominated brexit talks and we are talking about the uk's land border with the eu. 310 miles of i

says they will stick to their growth and deficit target despite the budget being rejected by the eu commissione -- might now trigger disciplinary action which may lead to fines of billions of euros. greece is said to be working on plans to help banks cut their debt in a latest attempt to rebuild trust in the financial system. sources tell us, banks would transfer half of their deferred claims to a special vehicle which would sell bonds and use the proceeds to buy some of the debt. the loans total at least $47 billion. the bank of greece will release a detail of the plan next week. global news, 24 hours a day, on air and at tic-toc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. i am paul allen. this is bloomberg. ♪ rishaad: thanks, paul. still ahead, how a south korean food delivery giant is turning to robots to meet demand. i am at the j.p. morgan global conference speaking to chief strategy officer, sean oh, later in the hour. yvonne: and cummaquid today be tencent's wildest day in the markets? we have a preview of the company's third-quarter results, wi

in some way to make out some agreement with the eu commission which is pushing hard on the fact thateficit remaining. that is the target that they are wanting to hit for 2019. italy is standing firm and we are sticking to our growth and deficit targets. we had to keep an eye on what is happening with the euro. that didn't seem to move much. >> it is interesting that italy is standing firm. it pushed so hard on austerity when it came to the smaller numbers of the eurozone. italy, ites to doesn't have that luxury. italy is a big major player. if they don't work out the euro, there is some more. >> if they start to move away from the euro, you have to remember thesis he would do everything to support it. what they do want is to be doubled in jet some sort of growth. the weighted like they can do that is to have slightly more debt and to drive some sort of help for their overall economy. >> they want to do it their way. we will see how it all plays out. all of that coming up. up, the sale of a car battery business. plus apple's plan b. how they are attempting to customers longer upgrade

eu by march of next year. the presidents of the european council and european commission spoke to the media shortly after the vote, alongside the eu's chief brexit negotiator. from brussels, this is about 15 minutes. >> thank you. today, the european council on the agreement for the withdrawal of the united kingdom of great britain and northern ireland from the european union and the community. the european council and the commission, the european parliament, and the council took the necessary steps to ensure that the agreement can happen on march 30, 2019, to provide for an orderly withdrawal. the european council approved the political declarations with the framework for the relationship between the european union and the united kingdom of great britain and northern ireland. the european council respected the determination to have as close as possible a partnership with the united kingdom in the future. i quote this passage of today's conclusions, and it contains the essence of our meeting. after a difficult process of ratification as well as further negotiations, but regardless of how it will all and, one thin

she is focused on this meeting tomorrow, going to brussels to meet with the eu commission president.ooking for changes at this late stage won't be thrilled to hear that the withdrawal agreement has been pretty much a signed off. theresa may won't get a chance on sunday at that council meeting to end anyway speak or lobby the other eu leaders for any changes. so it's going to be pretty difficult for her to get any substantial changes between now and then, whether anything could then happen between that and the voters is the big issue. that meaningful vote when it comes at the beginning of december, they are still the numbers that really matter. whether dup apparently trying to threaten the prime minister with a pulling out of that agreement, it looks increasingly hard for the government to get those numbers. and we've heard from jacob rees—mogg this morning, is there a sense that the drg is now a busted flush on this issue of the no—confidence vote ? possibly, although as we say we can never be sure of that, but i think the bigger, most pressing issue for the bigger, most pressing iss

made it very difficult to enable their to be an agreement and it is their manipulation of the eu commission... sorry to interrupt you. we are going to say goodbye to oui’ you. we are going to say goodbye to our reviewers you. we are going to say goodbye to oui’ reviewers on you. we are going to say goodbye to our reviewers on bbc world. excuse me for the interruption. let's continue. you were offering your explanation of why people who are concerned about a no deal scenario why they should not feel so worried. it isa why they should not feel so worried. it is a long—term decision for the uk. if there is no agreement of course it will be a bit bumpy in the months after the 30th of march when we leave the eu, if there is no transition period to whatever the future arrangement is, but there will be a deal at some point, a sensible negotiation after march 30 about the things that must be fixed in the interests of the eu 27 and the uk. it is not as if everything suddenly stops and everything falls over and it is all over. we will have to sit down and put humpty dumpty back together again in term

ththe commission will pass this recommendation on to the 28 national governments of the eu, who have o weeks to decide whether they accept the findings or don't. they are accepted -- expected to accept the finding. that means the commission would formally launch anan excessive deficicit procedure against ita. that would likely give italy until july of next year to take action to get its budget in line with eu rules. the big concern in brussels is this is what italy's populist government wants. it wants a showdown with brussels and this is handing them a gift on a platter. if the eu does not enforce the rules in place, the whole job of the european commission, the rules themselves would be seen as illegitimate. it is a tough spot and italy. we are already seeing reaction from the government -- reaction in italy showing they are relishing the fight. the next step will be ththe commission president having a dinner with the italian prime minister on saturday. jennie: jean-claude juncker is meeting with theresa may in brussels. they will sit down together to talk again about brexit ahead o

jean claude juncker, president of the european commission, issues a warning to those mps who think the eu can be persuaded to make further changes. this is the best deal possible for britain, this is the best deal possible for europe, this is the only deal possible. donald tusk, who chaired the summit, says the european union wants to remain as close as possible to the uk after brexit. regardless of how it will all end, one thing is certain. we will remain friends until the end of days. also this hour: for the first time in decades, parliament seizes documents. they were taken as part of an ongoing dispute between facebook and a committee of mps investigating the technology giant's use of private data. it's thought the documents have been seized as mps on the culture, media and sport select committee don't think facebook has been responding adequately to their questions. and in cricket, england have set sri lanka a target of 327 to win the final test and avoid a series whitewash. good afternoon and welcome to bbc news. eu leaders have given their formal backing to britain leaving the euro

bilateral embassies and most of the member state so there will be a role in terms of the eu not just the commission but other member states to enjoy the decision and of the european parliament. >> we are seeing the sort of emergence it appears to the different political parties and the parliament are becoming stronger but also you are getting groups and countries people seem to be organizing in different ways. some of these groups have positions more in sync with the british ideas. are we going to play a role in this? >> it's been particularly the expanded to the certain members there is now then this as they are quite fluid and you get groups are bound to the issues every time they come up they are basic contributors of the budget as we are at the moment and those that are mainly recipients you get the geographical groupings that you describe and you've always had we used to work very closely with members of the countries but all these things are fluid and can change. in the end with the european council you need everyone to agree to the conclusion up to that point everyone has a say. also defined

eu remain on collision course. the populist government is determined to defy brussels over its spending plan. the coalition says it will stick to its growth and deficit target despite the budget being rejected by the commission for breaking eu rules. may now trigger disciplinary action, which could lead to fines of millions of euros. greece said to be working on a banks cut back debt. lenders would transfer the claim to a special vehicle which would then sell bonds and use the proceeds to buy some of the bad debt. the bank of greece will release a detailed discussion plan next week. news 24 hours a day on air and at tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. >> thank you. you are seeing u.s. futures slightly higher after we saw tech shares rally and energy shares slide on the tuesday session. >> that uptick in u.s. futures is not moving through to sydney futures. the wage priceon index for a third quarter, plus a potential announcement from the government of a one point or billion-dollar fund. this morning, energy players are , anding their u.s. peers among the laggards, you have beach energy, falling the most since october 11. highlight weaker forecast

eu summit. jean—claude juncker, president of the european commission, warns mps that the agreement is the best andn offer. and in other news — a man has been charged with the attempted murder of a police officer after a knife attack in east london. the incident happened at ilford railway station on friday night. parliament has seized documents as part of an ongoing dispute between facebook and a committee of mps investigating the technology giant's use of private data. more from brussels at ii:00pm — now it's time for click. this week: fighting fires from the air, on the ground, and even on rails. the californian wildfires are the deadliest the state has ever seen. they have claimed the lives of more than 80 people, hundreds are missing, and whole towns have been destroyed. but as residents tried to escape, the firefighters did what they always do: they ran towards the danger. it is a profession that relies on courage, dedication, and, increasingly, the latest science and technology — to find out how fires behave and how to beat back the flames. and if you want to be a firefighter, this is where y

that expansionary measures are needed to head off a slowdown, but the european commission is saying that italy is in breach of euommission is saying that debt should really not be above 60% of gdp in italy has a very large debts, it is 130%, so a huge difference. it is the second largest debt in europe. so spending more, comic does not seem very smart when perhaps you already have got a very large debt behind you and that is where the big concern is his. in the european commission can come and sanctions if they so choose. they can, how big is this clash going to get? because italy and not showing any signs of wanting to stand down, we avoid be seen them submit a second budget and that was only very slightly revised, so they are not showing signs of wanting to step down and listen to the european commission right now. why has italy argued they need to spend in this way when they are in so much debt? they believe that spending their way out of it is the way to boost the economy and get things back on track, so yes, we will have to wait and see what comes. that is in a few hours‘s time that we will hear from the co

eu summit. jean—claude juncker, president of the european commission, warns mps that the agreement is the best andnly deal on offer. parliament has seized documents as part of an ongoing dispute between facebook and a committee of mps investigating the technology giant's use of private data. and in cricket, england have set sri lanka a target of 327 to win the final test and avoid a series whitewash. now on bbc news — the week in parliament. hello and welcome to the week in parliament, our look at the political week in westminster and beyond, as former ministers try to stop the theresa may's brexit plans. she should junk forthwith the backstop. isn't it a regrettable but inescapable reality that this deal gives even more away? but don't worry, it's not all about brexit. hang on in there. the immigration minister's back in the lion's den. this is your responsibility. and that is information that has been provided anonymously by ngos, and we cannot... telepathy is not my first skill. and 100 after they got the chance to be mps, where are all the women? i don't know why but when i've come across wome

jean claude juncker, president of the european commission, issues a warning to those mps who think the eu can be persuaded to make further changes. this is the best deal possible for britain. this is the best deal possible for europe. this is the only deal possible. ukraine's president says he will propose martial law after russia fires on and seizes three of ukraine's navy vessels off the coast of crimea. unsafe and poorly tested medical devices are being implanted into patients, according to a global investigation. and at 11:30pm, we'll be taking an in—depth look at the papers with our reviewers tony grew, parliamentary journalist, and caroline frost, entertainment journalist and broadcaster. stay with us for that. good evening. in a milestone for the brexit process, eu leaders today approved the terms of the agreement that will take the uk out in march next year. the formal backing for the deal in brussels came after two key documents were negotiated over the last 17 months — the main withdrawal agreement, outlining the terms of departure and providing for a transition period until at

eu summit. jean—claude juncker, president of the european commission, warns mps that the agreement is the best andnly deal on offer. unsafe and poorly tested medical devices are being implanted into patients, according to a global investigation. thousands of facebook documents are seized by mps investigating the tech giant over its use of data and privacy the tech giant over its use of data and privacy. you're watching bbc news — in about ten minutes‘ time — a little later than usual due to some transport issues — we'll bring you our look at tomorrow's papers with my guests the parliamentary journalist tony grew and caroline frost — the entertainment journalist and broadcaster. before that, you can enjoy the film review. and mag and welcome to the film review on bbc news. —— hello and welcome to the film review on bbc news, with mark kermode. is it a bumper crop this week? kind ofa kind of a bumper crop. assassination nation is a violent satire. a new take on robin hood. and the return of lisbeth salander. there was a film out a few years ago which was a horror film taking place on social media an

eu summit. jean claude juncker, president of the european commission, warns mps that the agreement is the best and on offer. unsafe and poorly tested medical devices are being implanted into patients, according to a global investigation. parliament has seized documents as part of an ongoing dispute between facebook and a committee of mps investigating the technology giant's use of private data. and in ten minutes, click takes a look at the technology taking firefighting to the next level. now on bbc news it's time for sportsday. hello and welcome to sportsday. arsenal stay in touch with the top four after a win at bournemouth and it's another second half comeback. top of the world and tops off on top of the podium, hamilton ends the formula one season with another win. and a final too far for england as they are outclassed by australia at the world t20 in antigua. hello and welcome to sportsday. hello there, what is it about arsenal in the second half this season? drawing or losing at the break in every league match, they always seem to turn things around and so it proved at bournemouth, winning 2

direct emissions from aviation account for about 3% of the eu's total greenhouse gas emissions, according to the european commission. so let's begin. with me is rebecca harding, who's chief execitive of coriolis, a data services provider. —— executive. if i can say that exactly. 0k. and one area you are an expert in, you are the biggest morning, geopolitical risk, gauging that, something you research for your clients, and these stories are about that this morning. let's start with the financial times, this is a story we were talking about yesterday, donald trump's comments talking of increased tariffs in the new year. there is so much expectation about his meeting with president xijinping at expectation about his meeting with president xi jinping at the end of this week and the hope that this might be escalated trade war. he was putting it out yesterday actually no, not at all. is it him doing his pre— meeting upping the anti? no, not at all. is it him doing his pre- meeting upping the anti? donald trump doesn't do this very well, he is good on a i—to—i basis and on twitter but he doesn't do... he is good at creati

we have agreed with the commission this is a good deal for our country and our partners in the eu. vote of thee british people by taking back control of our borders, our laws, and our money while protecting jobs, security, and the integrity of our precious united kingdom. it ends free movement once and for all. instead we will introduce a new skills-based immigration system based on -- not on the country people come from, but what people can contribute to the u.k.. jurisdiction of the european court of justice in the u.k.. we will make our own laws in our own parliament here in edinburgh andd in belfast, and they will be adjudicated on by u.k. court. it means an end to sending vast sums of money to the eu, so we can take full control of our money to spend on priorities, including our long-term plan for the nhs, to which we have committed to spending over 394 million pounds more per week by 2024. and i was able to announce a major new investment in primary and community care, worth 3.5 billion pounds a year in real terms by 2023-2024. text we have now agreed would create a new free

jean—claude juncker, president of the european commission, issues a warning to those mps who think the euan be persuaded to make further changes. this is the best deal possible for britain, this is the best deal possible for europe, this is the only deal possible. donald tusk, who chaired the summit, says the european union wants to remain as close as possible to the uk after brexit. regardless of how it will all end, one thing is certain. we will remain friends until the end of days. throughout the hour, we'll be turning to our reality check correspondent for clarity on what exactly has been agreed, and where we go from here. eu leaders have given theirformal backing to britain leaving the european union. prime minister theresa may says the deal offers for britain and urged parliament and the public to support it. at a special summit in brussels, the 27 european leaders signed off on two key documents agreed by british and eu negotiators. the main withdrawal agreement, which outlines the terms for the uk leaving, provides for a transition period which would last until at least the end of

direct emissions from aviation account for about 3% of the eu's total greenhouse gas emissions, according to the european commission

the answer to my gps challenge is a, the european commission announced the eu should forego mandatoryarting next year. an online survey ordered by parliament received an unprecedented number of responses in favor of ending the biannual clock change. they presented a former proposal and individual countries will have the change. as for california, it isn't the only state to want to abandon daylight saving time, but state lawmakers and congress need to approve the switch before the pesky time changes are officially history. thanks for all of you for being part of my program this week. i will see you next week. far. >> hello everyone, and thank you very much for joining me. breaking news into cnn. florida's recount is now over with rick scott leading bill nelson by a little more than 10,000 votes. don't forget about the governor's race in florida. andrew gillum conceding yesterday to ron desantis. ryan nobles is in tallahassee. bring us up to date and what would happen next. >> reporter: and the secretary of state's office posted the

this is bloomberg. ♪ caroline: the european commissions says italy's budget violates eu rules. an economy commissioner told bloomberg today that the italians are forcing the commission to act. the para meters capable of producing that is way too high. we received no answer which is why we are persistent and we see that there is a very serious deviation to our roles which is bad for the ozone and italy as well. it has to be corrected one way or another. let's bring in a bloomberg opinion columnist from rome on the phone. what next? >> what next is that the european commission is taking another two weeks before formalizing the procedure. the standard rules. they are not inventing anything new, but i think it will be a last-ditch attempt to obtain something from italy. the question is whether rome will budge. all the indication we've seen so far is that the two parties in rome have no intention to change their mind on the budget at the moment. i think there will be two weeks of discussion and if that does not happen, we will go into uncharted territories. joe: what could those unch

of controversial budget leaving the eu, how will of the commission respond?ll talk about that next. this is bloomberg. ♪ francine: this is "bloomberg surveillance." i am francine lacqua. this is what oil is doing. a lot of pressure on oil. i think i have the price, it appears magically. this is what we does on bloomberg. it comes up. it is a freefall. when will it end? 66.64. the company is having the worst trading since it started. it's a lost value, almost a quarter of a trillion dollars has broke all kind of records. our bloomberg writer. jim, what are we expecting from tencent? cannot a lot of good news. so many headwinds in the face of $.10. anything they say is positive will be greeted with a joy. let me go through some of them. the macro economy in china, a lot of headwinds. a lot of companies are facing difficult getting revenue out of china. they are growing but at a slower pace. they have to keep that growth going. cent is inthing is ten the game of business. it is a the bread and butter of where they get their money. they have new titles and hard t

eu. theresa may ushered into the european commission for the second time in a week.o negotiate, that's over. but to shake the final deal. and was that a smile of relief it hadn't been derailed at the last minute? reporter: prime minister, did you compromise over gibraltar? hours earlier, her ambassador to the eu had written a letter reiterating how brexit would affect the rock. reassuring the spanish prime minister enough that he dropped his threat to boycott tomorrow's summit. translation: spain has reached an agreement on gibraltar. the first thing i want to tell you is that the european council is therefore going to be held tomorrow. arriving for her next courtesy call in brussels, the prime minister said it was a clarification, not a cave—in. the uk's position on the sovereignty of gibraltar has not changed and will not change. i'm proud that gibraltar is british and i will always stand by gibraltar. this process has lasted for 18 months. the prime minister has had to shuttle backwards and forwards. it chewed up two brexit secretaries. it started with a blank she

eu. she has been told that there could be no more negotiations. her critics back home are demanding she secures a better arrangement she will meet with the european commissionresident this evening ahead of a special summit with eu leaders sunday. howard wilkinson, former duncan bank employee turned whistleblower, has been lawmakers in brussels this morning as they look for answers to one of the region's worst ever money laundering scandals. has urged lawmakers to look closely at the role that correspondent bank played in the scandal. in the u.s., president trump says he will not let the murder of u.s. based columnist jamal khashoggi jeopardize relations with saudi arabia. he would stand by saudi arabia regardless of the order of the crown prince mohammad bin salman ordered his death. the president's comments through swift backlash from republicans and democrats in congress who have four weeks decried the murder and the crown prince's alleged role. >> it is all about "america's first first." we will not give up hundreds of billions of dollars and let rush hour china have them. taylor: president xi jinping's visit to the philippines has already yielded a stri

tomorrow to discuss the political declaration on the future relationship between the uk and eu with the european commissionuage has been shared thousands of times online. six—year—old tom can be seen waving his arms with excitement as he watches comedian rob on tv with his mum. it‘s the first time a celebrity has used sign language while reading a bedtime story on the cbeebies channel. his parents say tom, who has complex medical needs, was "enthralled" to see a story told "in his language". we showed him the tv and we were like, look, there is going to be signing. and all of a sudden his face lit up and as soon as he saw rob coming on and using makaton, hejust, yeah, he wasjust so engaged and excited by it. i think there‘s a lot of children who have a lot of complex needs like tom, who sometimes they can be pigeonholed or put in a box of, well, ok, it‘s probably very unlikely that this person will be able to communicate. but everybody has a voice and they have the right to be able to use it. joining me now is stephen hall, chief executive of the makaton charity. what do you make of this video that gone vi