wing parties of the parliament the european peoples party and the party of european socialists to come together to defend their stances against the euro skeptics. i think it is a moment in history where it will become apparent that there is no right or left wing that all this as a farce that in fact they define the same ultra liberal vision the same vision of a federal europe the same vision of pursuit of the sovereignty of the people maybe we have to go through this so that the people become aware that this left right fracture that was so much to them is truthfully speaking political through it believe me we saw the faces of the people here in brussels who saw us come pouring in i think they believe the top presence will decided to change their appearance of the european parliament and evidently of the details that will take place in the parliament. how big is the problem of this year commissioners you want to get rid of like has this hour to issues so serious. sovereignty is the foundation of democracy without sovereignty there is no democracy because having the freedom to cost a bal

ofthe european development policy. we have the european union level which is based on funding from the european union budget, and as the minister directly by the european commission. for thearrangements pooling of national moneys in the form of the european come fromt fund which 20 different streams and where the european commission is a service provider to coordinated. 28 national have development policies. muchlations vary as to how misallocation of resources follows from this. we have done our own analysis of this winch suggest that simply a these,programming of coordination, would result in a savings every year. if there were to be gentlemen pooling of the policies we could be talking about tone billion euros -- 10 billion euros. this kind of work, brought together from the different committees, sometimes from legislative proposals, sometimes from general areas where there could be a better allocation of resourceses -- of could translate these figures into one coherent whole. highlights a debate that has been going

get european to perspectives. ukraine could become a member of if ukraine isnion ready and fully capable to deliver on relevant criteria. to get the idea that ukraine start negotiations on eu membership in a couple of years could be streaming damage above. for the political recognition, for the political right for , andne to become a member membership respective will definitely come in the course of implementation of this agreement. after yannick over to refuse to sign the agreement i held a about what isin your take when you are going to be able to sign the agreement. my point, you probably don't believe me, but the membership far soonerwill come than many of you who live here. >> i am steve stockman. >> i think it is on. >> columbian university and counsel for relations. you talked about your determination to build consensus in the ukraine and expressed an interest in talking to people in donetsk who are not russian operatives. you also expressed a to fight, to restore ukraine's territorial integrity. to us abou

does that mean european companies and european gas prices go up?s should drive prices higher. it will depend on what the agreement could be between the european companies on the russian suppliers. transitost of [indiscernible] come on the program, the buzz builds for buzz feed. we will see of it is worth the $850 million valuation. ♪ >> welcome back. let's talk tech. news and entertainment site million.has raised $60 that pushes the valuation to about $850 million, topping global news giants like "the washington post" and "the l.a. times." eileen, thank you for joining us. give us the buzz around buzzfeed. "thes it worth more than washington post" and "the l.a. times"? >> a number of reasons. there were lots of rumors that disney was close to paying upwards of $1 billion last year. legitimately because of how much attention it gets from its audience. it has 150 million unique visitors every month. it does roughly about 120 million people in revenues. drives it is the demographic between 18-25-year-olds. and how much time they are spending on the si

european integration. of course, in the european union, in the past years, we have more been discussing what are burdens of european integration. is it very costly or terribly costly. this as ae contribution to something else. i of course remember the report from the 1980's that was the basis for the internal market. the basic argument at the time was that there might be benefits in replacing one set of regulations. the question is what was true at the time? can it be updated? can it stay informative for what ?e are doing today it is also something we are considering as impact assessment. of you familiar with the regulation might be familiar with the concept of impact assessment but it had a very important flaw. normally, we are checking the ,mpact of proposed regulation but what we should be doing as ofl as checking the impact not proposing regulation. if you're going to do this in a balanced way, you have to look at both sides. the cost of regulation but also the cost of not regulation he -- regulating a

it could revoke those rights for european carriers. that hurts european airlines really badly.t yesterday in share prices in general. russia is the world's largest country. it spans 10 or 11 time zones. go around russia, that means a lot of extra fuel. investors dumped those stocks. >> thank you very much indeed. ryan chilcote talking about russia. -- the "the pulse will continue. ♪ >> welcome back. you are watching the "the pulse." talk about news that came out in the last hour. what is going on? dan, what is behind this move? >> it is a replay of yesterday. rumors started circulating yesterday in the market that this merger, fiat chrysler, might be in jeopardy because of this mechanism of the shareholders that voted against the merger at the meeting last friday. they have the right to accept of cash payment instead going and giving up their shares for the merger. they have until august 20 to do this. they can accept an approach that is much higher -- at a price that is much higher than the current trading level. the stock fell more than 7% yesterday, propping fiat to put out

in march, the european union agreed on a package which the european commission proposed. half a billion euros in loops and grants have been mobilized by the european commission as part of package. over a billion in loans could be released in the coming months, and we are ready to consider further financial assistance should needs be identified by the i.m.f. during its next review submission. lateral trade measures have resulted in a 14% increase in ukranian exports to the european union in recent months. this is unprecedented, a boost of exports of ukraine to the european union. it's a way to compensate to some lose that is the ukranian economy is feeling because of conflict with russia. the european commission set up a support book to make sure the e-ukrainians have access to information. this is part and parcel of an overall political solution. we expect the upcoming elections to help accelerate such refunds. only a politically stable economical viable ukraine can ensure and consolidate its own independence. finally, we are ready to host a conference at the end of the y

europe i love but the european union that sort of crony asst pulling. corrupt organization that's what we want to get out of this is a recurring theme in british politics i see boris johnson has the same kind of theme now right where he wants to get out of the yes only surprising use he'd be in favor but it's always with a conservative it's always oh let's renegotiate and if we can't we negotiate well then we get out well. i think it's ninety six b. fifty five policies in the european union we've objected to not one of them we managed to stop there you know in law does it have to do with these corporate trade deals where corporations are suing countries around the world for infringement on their copyright or infringement on some spurious lawsuit even the corporations have taken over the global legal system as a part of it i don't know why boris is objecting necessary certainly while i object to it and brussels everything to the european union is a corporate dream if you're a massive corporation there are thirty to thirty one thousand people who work for

they want to trade relationship with a european union. they won't be a member of the european union any time soon as well. but they need the trade. they need the capital investment. they need the economic assistance that some kind of association, a partnership of association with the european union would have. and remember, president putin's invasion of crimea, and everything he's done was precipitated by the fact that the ukrainians were threatening a trade agreement with the european union. he is that paranoid about states along his periphery, looking west as opposed to east. >> sreenivasan: what about this idea of novo russia, something the russians have said, sure, we'll stop all of this if we can just go ahead and annex this portion of ukraine back. it seems whether we like it or not they've already sent the trooppedz in and are in fact taking over that part of ukraine. >> it's a very unsettling and destabilizing concept that you say we have a right as russians to unite all the russians outside the borders of russia. there are signif

food imports in response to sanctions european officials reportedly want to spoil moscow's plans to get alternative supplies from latin america. secure gas and rubber bullets the u.s. police response to grounds demanding justice for the killing of an armed black teenager by a missouri cop. in a national coming to life in moscow with me marina joshie ukraine is ready to accept humanitarian aid from moscow but not on a russian trucks cave says a cargo should be handed over to the red cross and the borderless now get more from our team are due caution of on this. well it's a mission that was earlier agreed by cave in moscow so what's happening now. well of the two ukrainian top officials said the time is needed for the international red cross which is contribution to this moscow initiated mission to establish where exactly the aid should go in the ukrainian region now the authorities also clean this humanitarian convoy has not passed a needed certification but at the same time they say that the aid could be transferred across the border and reload it onto trucks that will be approved by th

this week washington and its european allies unleashed their toughest sanctions yet on russia over the ukraine crisis the latest u.s. measures barred some of russia's financial pillars from dealing with the u.s. one of them v.t. be the country's second largest bank which operates in europe asia and africa and its subsidiary the bank of moscow also on the sanctions list russia's agricultural that's russia's largest holding in that sector one u.s. lawmaker voicing regret over the latest political fallout you know after the soviet union film there was a tremendous potential to making russia our friend of tremendous potential they withdraw their troops from eastern europe. the russians. were open to all kinds of interactive human being could be part of the world community and a horrible a tremendous opportunity i should say was squandered. the e.u. has barred some of russia's key financial institutions from raising capital in europe stake a closer look at how the latest sanctions are targeting the russian economy in the finance sector the country's biggest notice bank in the firing line th

european company can have contract with ukraine.o one interpretation i read yesterday seemed to suggest that what you are talking about is that, in place of ukraine transiting that gas from the russian border to the eu border on the west side of your country, there would be new counterparties, european counterparties that would take the gas. effectively, the europeans would take the gas from your border to pressure -- to russia. what does that mean for price? we don't believe it should drive price higher. agreementon the reached. transit, the prices remain the same. >> sometimes the stories that are are to understand, i don't have a clue what ukraine are doing. but there you go. that story has legs. news, betscorporate on digital slowly start to pay off. optimism from investors. >> that's right. the pictures so far ain't that pretty. in the first4% half of the year for richard glenn. this is a company that was in the midst of restructuring. match fit, it was called. said,ial performance they look, was going to lag. come about 50%s o

the parliament the europeans.

long term goal and to keep the european union a lot going. all the contras who provided an agricultural. products for russian market so presumably i like the bus and farmer is going to be the biggest winner in all of this i think though this year will be much more profitable for auction farmers. last year or. maybe it will be the best year for them for all models from all years the. beginning of ninety's ok but what about our european partners and for the average polish farmer for example somebody in the baltics what do they do now where do they sell their goods to where they're going to have to wait a round pot their exports back to that to europe domestically what will happen to that odd thing to european farmers who. will have a lot of problems. i think they are going to curve on real prizes in awe. in the pharmacy or the in aga culture sector over on the minute. they are going to. sell the their products in the most the markets. those markets so wide there are alike are often the one for the average consumer what does it mean kuwait expec

terms of that mean in price accor does that mean that european companies and european gas prices will go up? we'll believe it should drive prices higher. that will depend on what agreement could be reached between those companies and russian suppliers. cost of -- if the transit is subtracted, the price will remain the same. >> forgive me for failing to understand, what is the point if nothing changes? is -- ukrainian company a lot -- will not have direct relations with gazprom. is thatnd point european companies will become the gas companies. >> is a good idea to mess with the transit of eu gas at all? if you think about it, we just heard from the ceo of the austrian company that intends to build the last leg of the south stream pipeline. south stream pipeline, the whole idea is it would go around ukraine, avoid your country heard one would think that by threatening the supply of gas, even if it is this sort of more refined approach that you are taking now, that would strengthen the hand of people who said there should be alternate routes. we understand that. the transit is threatened

the european economy. you hear them calling on germany do more to boost domestic demand. from the other side of the rine they are saying get your house in order. we want to see them boost growth. the problem with france is it has a long record of failing to meet deficit targets. since the european sovereign debt crisis they have already been granted two delays in reducing its deficit to 3% of g.d.p.. it asked for it again in april. it was rejected. with the numbers out today, it means essentially that france won't be able to meet that target again next year and, you know, it is a very difficult position for -- it puts policy makers in berlin and bruss unless a very difficult position -- brussels in a very difficult position because these are fiscal rules that france helped write and it needs to show that it can comply from time to time. >> thanks. mark deen, bloomberg news. reporter there in poirs. >> a convoy of almost 300 ssian trucks caring -- carrying humanitarian aid. good morning, ryan. give us the d

it will be of the european court decision. i'm not going to add a lot of content to it but i certainly will try to optimize the results for anyone who queries my database. do i get to operate in europe? what do you think? later.s be -- let's be clear. >> there is public interest. who wins a case in the european court of justice suddenly is subject to another discussion about the fact they won the case. lawyer, it isis still the case that his lien comes up. he is now famous for having beaten google. that is pretty good for a lawyer. he lucked out. flex to follow-up on that if we grant people have a right to obscure information no longer relevant, are we just playing a game of that up guacamole -- data whackamole? how exactly do we get to that point? >> i think that is a fantastic point. in this conversation you are starting to see if separated into three categories. the strict legal analysis of what happened. the policy implications that people now realize for what the language is in the directive. the third category is how we

europe domestically what will happen to them ah i think the european farmers. will have a lot of problems. i think they are going to. real prizes in. the in the pharmacy or the in aga culture sector over on the minute. they are going through. the sell the. products in the most the markets. those markets so wide there are a large garage and one for the average consumer what does it mean kuwait expects loads of queues in the supermarket the people to rush out and store up what can we expect do you think anything to back to it like that is going to happen. for every consumer as the main point now from this action is that everybody are afraid of a prize draw. and the government promised. draw a lot of this. they will hold. for all that the week on those charges thank you ever so much like getting what for us on the streets of moscow braving the elements that russia is believed to be considering the ban for european flights crossing its airspace to asia now the route the european flights currently take is save forty five hours in flight time and saves thirty thousan

european and u.s. businesses aren't particularly happy with the way politicians are trying to solve the ukrainian crisis the c.e.o. of the world's largest chemical company b.s.f. in germany has doubts about the fish and sea of sanctions and the executive vice president of the u.s. chamber of commerce said entrepreneurs who are concerned of measures could have a boomerang effect let's bring in the president of the association of italian businesses in russia nestor for language. to get things much earnest of for joining us here international to discuss the sanctions while good or bad the sanctions are in and some say this could cost moscow hundreds of billions of dollars so how likely is it. that the visible for and let me say i don't think that they have faith that in fact the section would be a hundredfold be done dollars on that and the russian federation. i think that that the impact could be made on their home you know the last book or would be on the european union economy that's for sure that they

response to international sanctions and we also look into the potential consequences of running european flights crossing as space to asia also russia and iran team up and agree to an oil trade deal understanding to ease the impacts of such sanctions and some kirby joins me later he's going to be talking about they are but first the russian government has imposed a one year restriction on the import of agricultural products on the country's imposing sanctions so beef pork poultry fish cheese milk vegetables and fruit imports from australia canada the e.u. u.s. and norway all off the menu but the drinks menu is still ok our goal is not affected neither is baby fruit now in twenty thirteen russia imported six point seven billion dollars worth of meat products in toto so talk about a money hit so to discuss this issue the new bite back measures i'm now joined by alexi a sokoloff head of the learning center who trades dot com alexei these measures are designed to hit back the question is how ha's are they going to hit back and who are they actually didn't hit back. the falling apart before t

wing parties of the parliament the european people's party and the party of european socialists to come together to defend their stances against the euro skeptics.

apply its own sanctions is demanding that the europeans commit economic suicide so it makes no sense but i suspect it probably will go through in the short term but remember ukraine is spending six million dollars a day on its war against the people in the east of that country this money is is borrowed money the money it expects to make up for not allowing the transmission of gas they're also expecting the i.m.f. i.e. the american taxpayer to pony up i think the going to end up at the hands in the end of the day dunhill who do you think will be the hardest hit by the sanctions well i find it ironic that the most bellicose of nations and i'm thinking particularly of poland and its foreign minister roddick sikorsky he's the one who is taking the most pleasure in sticking it to russia while the average poll is going to have an awfully bitter winter this year thanks to sikorsky as you know poland i think it's around ninety percent of its gas its energy from russia so they will be cut off the baltic states as you pointed out earlier are also heavily dependent they're also particularly bel

>> both the european union and u.s. and smaller countries, canada, australia and norway will will be affected. it's $11 billion euro exporting to russia. those figures are reasonably small as a percentage of the overall market. a few will be hit hard. germany has exports to russia. poland has quite a lot of exp t exports to russia. the main thing european union exports to russia is dairy products. things like cheese. there will be some effect. i don't think it will be a devastating effect on the european union food business. i think it will have marked effect here. i think availability of food will change in russia. the price of many food stocks will go up as russia tries to source from elsewhere. the reason the european products make it to the shelves at the moment is because they tend to be the best value. >>> we've heard edward snowden has been given a three year residence permanent to stay in russia. what do you make of the timing of that announcement? >> it's not clear whether or not it's tied in with the whole thi

part of ukraine closer is this nation be european union was supposed to be all about economy but instead it provoked a political rapture of the kind of the continent hasn't seen in decades can you really divorce politics from economy in the case of your brain full to discuss that i'm now joined by john brown a former british politician and currently in your market strategist for europe pacific capital mr brown thank you very much for being here. it's very good to be with you well and mr brown in minsk meeting between putin and patrol pressure produced a lot of media coverage but in practical terms and it didn't lead to much or at least much that we are aware of and here i think both of them are under extreme pressure from multiple sides to produce some sort of progress towards peace what are the chances in your view of them agreeing to anything constructive well i think it's a pretty modest sarge line at the moment and whether there are they're able to reach any form of agreement depends on the compromise between the united states europe and russia. not really on the ukraine and syria re

to help us is in bog of european products isn't seen as a peach idea in the. with farmers worried about russia's. in response to western sanctions that are more coming up after the break. those who want to get involved to stop isis in iraq are allied with isis in syria but we still should be doing everything we can to support the free syrian opposition who will continue to provide military assistance and advice to the iraqi government and kurdish forces as they battle these terrorists. on merit in the financial world. having not stopped the advance only take the credit. in life. it's like you know when the bullets to stop. because it's like duck duck duck that's a backpack that. most so it's almost like there's a bee the blue and then you just see the big sound it's like a base. this week the beheading of an american journalist by islamic state militants horrified the world before being executed he was forced to denounce his country's recent strikes on islamic state fights as the jihadists also threaten to kill another captured u.s. journalist if america conti

european businesses brace for a multi-billion euro trade that's over the latest sanctions imposed on russia by the u.s. and e.u. governments. bring you today's top stories in a look back at the week's news ten am in moscow our top story this hour israel refusing to negotiate a fresh cease fire with hamas around one hundred forty palestinians killed by israeli airstrikes and artillery fire since friday's failed truce the operation protective edge of the deadliest israeli offensive in years more than seven hundred palestinians and sixty six israelis have so far been killed in the battle that hundreds more than were killed in the so-called caste lead operation back in two thousand and eight. i was. really was was just. was the story. was this. wednesday a school in gaza run by the united nations was torn apart by shelling leaving twenty dead hundreds of refugees sheltering there at the time the u.s. the u.n. says it had to repeatedly inform the i.d.f. about this journalist at the u.s. state department briefing pushed for an answer over who was responsible for the attack you say that you

. >> the european union and nato have condemned russia for sending an aid convoy into ukraine without proper clearance from kiev. ukraine said moscow's move amounts to an invasion. >> the foreign ministry in kiev says russia violated international law by entering the country without permission. russia rejects this, saying it is carrying out a humanitarian mission. the convoy had been waiting for clearance at the border for several days. >> a humanitarian aid convoy or the start of an invasion? the claims and accusations have been flying fast since around 100 russian trucks crossed the border into ukraine, despite kiev toss objections. ukraine's prime minister says his country's sovereignty has been violated. >> russia's goal is ukraine itself. it cannot accept the fact that ukraine made the decision to sign and association agreement with the european union. we are moving forward. we are part of europe. that's where we are heading and where we will end up. >> meanwhile, russia's state media and local officials are reporting that the first vehicles in the convoy have arrived in lujan's

the european union has replaced two of its top officials polish prime minister donald turse has been appointed president of the european council taking over from a man van rompuy and italy's foreign minister federica madina has been voted in as the senior diplomat in place of catherine ashton the reshuffle comes though at a time of deep divisions within the twenty eight nation bloc over the ukrainian crisis relations with russia and how to revive economic growth that soldiers from around the world marched on red square on saturday to make not war but music our correspondent was in the heart of the russian capital to watch the annual extravaganza of military orchestras. every year at the end of august this place that's best known for being stomped on by thousands of russian military boots becomes an arena for the likes of mexican mariachis or chinese scholars the monks of woodall and many others it's time for the grand military tattoo on the red square. the festival is not really a contest but there's always a slight feeling of competition as usual some try to well the crowds with tra

businesses and european taxpayers who will have to pay the price for this policy. despite losing money over the events in ukraine the e.u. is making sure kiev has enough cash to keep the country running ukraine's president says brussels is ready to hand out around a billion dollars in the near future and that's on top of a one point four billion instalment already approved by the international monetary fund this however means ukraine will have to raise basic terris freeze wages and pensions and even introduce new taxes and this more the package includes slashing tax benefits for agriculture and allowing banks to repossess property but complying with the demands is hard for a country that's already in economic freefall for example the country's debt is expected to jump up to sixty percent of g.d.p. by the end of this share and this pace it will be eighty percent four years from now what makes the situation even worse is that the economy isn't growing on the contrary experts believe it will shrink dramatically between now and the end of the year is kiev digs deep int

they are pulling money from european equity markets. have got this qe debate, which is going to drive sentiment in the short term and the fundamental flow of money. alarming amount of troops. merkel says the gas situation needs to be sorted out. will be ahe u.s. driver. some individual companies we are they arethis morning, going after their offer for their next charge. that is a deal possibly coming through. then you have telecom italia. are they preparing to up their offer for the brazilian assets of vivendi? we know both of these heads of the companies had substantial discussions. would personal relationship trump the financial offer? you see german government booms just inching past the one percent level. you are seeing a slight turn around in terms of german government boom. peripheral italian government bond yields two percent. the differentiation between germany and the u.s. is set to expand further. >> a higher open this morning. if you look at the ftse, it is close. the dax is up i 1.3%. record yields in spain and italy. some o

is so strong that european officials may actually cancel the n.t. russian sanctions in the next two to three months so to wrap it up there are definitely things for the two leaders to talk about here in russia. reporting. shrines in the u.s. constitution although it seems is not enough to shield new york times journalist james runs in his exclusive revealing how the cia trying to undermine iran's nuclear program has seen him in broiled with the government on the cool he may now face jail for not revealing his whistleblowing source he's not going. to come explains. this is a petition with one hundred thousand signatures on it demanding that the u.s. government stop its to see the new york times journalist james writes that the u.s. justice department wants him to give up the name of the sorts which james lies and has refused to do time and time again now the justice department considers forcing . him to change flies and continues to refuse he may go to jail the source has provided him with information about a bungled cia operation in iran which the j

it's a very different story from the european union, right? it's the members who are knocking on the doors of european union. here it's russia knocking on the doors of the potential members. and, again, the idea is not recreation of the soviet union. again, that's, that's -- this is not, this is not the agenda. but the idea is of creation of a very integrated economically and political space that would be controlled by russia. thank you for the questions. >> richard been. [inaudible] international journal of intelligence. in your book on yalta, you dealt a lot with how roosevelt and churchill had to play into stalin's desires. they didn't really understand what he was after. in your current book -- i did buy the book, and i'm enjoying it -- you dealt with george bush and scocroft and how they dealt with gorbachev. now how do you deal with this administration and its attempt to understand with what putin is trying to do there? do we really understand what he's up to? >> well, thanks, and thanks for this also idea. i never thought about comparin

when european president parliament. you can place them on a list you have been involved in when you work in parliament president martin shoulder touched on it touched down and once again touched on when european parliament president martin schulte touched on egypt and touched down. we're going to show you the story i know and i can say it in english is my first language has touched down and you have difficult is this thank you we see we have touched on this thank you sir you know thank you for your help. from one chancellor angela merkel travel so israel on monday meets with the country's prime minister binyamin netanyahu he describes germany as a good friend but his country's relations with a groupie and union haven't been particularly warm recently r.c.s. polis leader reports when you are pm condiment president touched down in jerusalem recently he experienced the cold shoulder of israel's right he was heckled one addressing the parliament and accused of telling lies. it's a way. to communicate anyway. oh when you mak

you have the european championships, which is probably the biggest championships for all the europeanthletes this year. what are your goals in mind for that? >> my goal is to reach the european final of 100 meters and 200 meters and be the european champion. but only when i am in the finals will i think of the title. >> people believe you are in reach of the european national record. what do you think about that? >> before that i would like to beat my personal best of 9.95. then i will perhaps think about the european record. >> what is your ultimate goal? how bad do you really -- how good do you really think you can be and what do you want to accomplish? when you are finished and walking away from the sport, what do you want people to remember about you? >> my final goal is to be olympic champion, of c red art really sacred? i mean, does the so-called creative spirit lie within the artist, or is it something channeled through the artist that comes from somewhere else entirely? in either case prepare to be totally delighted by what follows: the first-time meeting of a tibetan lama and

and won't receive compensation from the bulgarian government from the european union but. the common impulse to russia will mean a comeback for sure we have to stop our production its revenues will not be enough to cover the costs of things like logistics there has been a vanished report published on the saying that the effects from moscow's restrictions on the e.u. is so strong that european officials may actually cancel the russian sanctions in the next two to three months so to wrap it up there are definitely things for the two leaders to talk about here in russia. reporting now press freedom is enshrined in the u.s. constitution although it seems it's not enough to shield new york times journalist james rise and his exclusive revealing how the cia tried to undermine iran's nuclear program has seen him in broiled with the government and the courts he now may face jail for not revealing his whistleblowing source but he's not going into battle alone explains. this is a petition with one hundred thousand signatures on it demanding that the u.s. government stop it's the cit