the european banking authority was set up european banking authority was set up in the wake of the eurozonep and deposited in the winning cities, in amsterdam for the european medicines agency and paris for the european banking authority. there is fierce competition amongst other member states with regard to which of the cities was going to be able to present itself as prime real estate for these two agencies. amsterdam and paris have come out on top. don't go anywhere, amelia. i won't explain how this process works. we found this bagram that explains it all. —— this diagram. this was a complicated voting process. here's a representation of how the countries were chosen — it made it very difficult to predict in advance which way it would go. and this was a common comparison. and just to hammer home the point, one of their articles was titled... fight! it's a free—for—all. they will be many countries who wa nted they will be many countries who wanted on but did not get these agencies. i think so. there was some wish it would be more geographically distributed, if you like. having said that,

banks or pharmaceutical giants. 19 european cities have bid to host the european medicines agency, which decides on whether drugs can be sold in the eu. eight cities have bid to host the european banking authorityggest banks. from unlimited access to the zoo, free moving costs and rent paid, many cities have major incentives to host the two agencies. many cities have offered major incentives to host the two agencies. but politics may trump all that. the uk will lose 1,100 good jobs of regulators who spend money in the capital, but there is more to it than that. having a regulator creates a halo effect, because lots of american and japanese businesses set up shop in london precisely because they want their staff to be closer to the regulator so that they can help shape its decisions, get their products under their noses. so lots of companies have said once the regulator moves, they will have to think about sending staff to follow it. irrespective of which european cities win today, this will be the first tangible manifestation of brexit. it may not be the last. still to come... turning trash into treasure — we'll hear from a company that recycles unwanted bits of hose, leather, and other materia

worlds biggest banks and two prestigious eu agencies, the uk banking authority which monitors the health of the region ‘s biggest banks and the europeanpervises drugs used on humans and animals. but now we are leaving the eu, both organisations will have to move and today they will find out where they are going. two dozen cities are scrambling to host them. the european commission says the agencies employ about 1100 people, many well—paid, but they also attract many business visitors for meetings, conferences and expert panels. between them they book about 40,000 hotel rooms per year. the uk will lose 1100 good jobs of regulators who spend money in the capital but there is more to it than that. having a regulator creates a halo effect because lots of american and japanese businesses set up shop in london because they want their staff to be close to the regulator so they can help its decisions. it isa so they can help its decisions. it is a similar story in the banking sector, the european banking authority may be a relatively small agency but it wields a lot of influence. it tells us a lot about where the europeans once their financia

the new home for the european medicines agency while paris speed frank that the house the european banking authority and inking set reports. after heated battle with nearly two dozen cities vying for the spoils of brexit. amsterdam has won the right to host the european union's mets in agency in the final result was decided by ththe luck of the draw. following a tie between the dutch capitol and milan. we are delighted. thatat in the end it was a it was very tight. that he was nerve wrecking t to be honest. but in the end that's a bbc became the new seat. of for him i. yeah main now has lessened seventeen months to complete the move. the institution had been based in london since nineteen ninety five. around nine hundred jobs with the fortune with the agency. setup to harmonize the work of existing regulatory bodies it evaluates and monitors medicines for humans invention or use. the second vote of the evevening was another nail biting finisish. paris speak dublin to become the next host of the european union banking agency. an institution setup to maintain financial stability within the eu. i'm all

cheering the french capital paris has been chosen as the new headquarters for the european banking authority from london after the uk leads the eu. earlier amsterdam was voted the new base for the european medicines agency. we can speak to our correspondent in brussels. talk is through the significance of these decisions tonight. they are significant because these are the two eu bodies, organisations, that have headquarters in london at the minute, which will move because of brexit ahead of the uk's withdrawal from the eu. the eu countries want to sort this out because they want these agencies moved into eu nations ahead of brexit day. this has been a process they have been following. they had host, candidate cities bidding to host the agencies and the two decisions were taken this evening in brussels by a secret ballot process. it was like drawing the host city for the olympics or something. the medicines agency, around 900 staff, overseeing the approval of new medicine and health ca re approval of new medicine and health care in the eu, that will go to amsterdam. interestingly, that was ch

banking locations not just. another city in celebration mode is amsterdam it won the right to host the european medicines authority. the e.u. and they currently employ some nine hundred people but estimates suggest that twenty percent of positions could be cost as a result of the move from london. u.k. banks and london based e.u. institutions. the twenty seven remaining member states are ready carving up the spoils of britain's departure from the european union. there's a lot of thought poured into the practicality of a product before it can be made the process is called design thinking the platinum institute of design thinking is now bringing its role the european approach to the discipline in south africa. it might look like something you'd find in a preschool but these toy boxes are actually part of the school of design thinking in cape town. today twenty post grad students are embarking on a three month long foundation course. the concept of design thinking was developed by industrial designers in the one nine hundred sixty s. with one core principle putting the needs of others first program manager can you we

the european banking authority and the european medicine agency, both leaving london. 1000 skilled jobsrdam. what it tells us, which is slightly sad, especially for remainders like myself, is that it is becoming a ha rd myself, is that it is becoming a hard reality now, brexit. —— remainers. we still hold out hope, but serious things are occurring 110w. but serious things are occurring now. those hopes that we perhaps foolishly hold that maybe this process will end, it is beginning to look very, very unlikely. right, you know a bit about the city. bitcoin. eu have any? no, but funnily enough, a former girlfriend called me up a couple of weeks ago and asked if she should invest? i told couple of weeks ago and asked if she should invest? itold her couple of weeks ago and asked if she should invest? i told her not to do it. well, business and cider. the coin atan it. well, business and cider. the coin at an all—time high... it. well, business and cider. the coin at an all-time high... yet another bad decision, i'm sure she will be ringing me up and telling you what immediate i am. the thin

the european medicines agency and european banking authority currently reside in london — which willnger be part of the eu from the end of march 2019. the 27 member states will vote later on which cities will become their new homes. joe lynam has more. iam hoping i am hoping to be able to speak to him injusta i am hoping to be able to speak to him injust a moment. i am hoping to be able to speak to him injusta moment. he i am hoping to be able to speak to him injust a moment. he is i am hoping to be able to speak to him injusta moment. he isjoining us him injusta moment. he isjoining us from brussels. here he is. peter, good to see you. let's start with the situation in the brexit negotiations in germany. your thoughts on the outcome of the coalition talks? they are collapsing and as we have been hearing earlier, there is a real concern about what there is a real concern about what the outlook is for germany. indeed, it looks like germany isn't as solid as what it looks like in terms of politics and of course the key reason for that is angela merkel‘s decision in 2015 which has unlea

be the new seat of the european medicines agency and paris will be the new seat of the european banking authorityand the chief negotiator, michel barnier, clear the uk and the city can't have all the benefits of the single market, but... if we manage to negotiate an orderly withdrawal, there is every reason for our future partnership to be ambitious. this is our preferred option. what was agreed tonight is a long way from a detailed blueprint for brexit. but ministers did accept that theresa may can put hypothetical extra billions on the table, only if, though, the eu agrees to talk trade and about transition. the mood around the table, the government will move, but not on its own. tonight's decision should, number 10 hopes, get the negotiations shifting. but it is notjust events here which will determine if there will be a deal, or we will walk away. laura kuenssberg, bbc news, westminster. the electoral commission has re—opened an investigation into vote leave‘s eu referendum spending. the campaign paid £625,000 to clear bills allegedly run up by university student darren grimes with a digital

the european banking authority will now be housed in paris, the european medicines agency will be movedn no longer has control or involvement in either of these insitutions. as our business editor helen thomas reports, the shift will also mean britain has to find a whole new system of licensing and approving which medicines can be used here in the uk and how quickly they can become available. a convoluted voting system, a bit of horse trading between countries and a slightly uncertain reward. it has been described as the business version of the eurovision song contest, but the european medicines agency and the european banking authority now have a new home. after 19 submissions, three rounds of voting and a virtual dead heat, the ems will leave london for amsterdam, the bank regulators are headed for paris. the ema was seen as the bigger prize. this is a therapy unit at guy's hospital, regulators can mean a cluster of expertise and scientific know—how that could ultimately attract businesses to the successful city. from the uk's point of view we are talking about maybe 900 jobs at the m

publication le figaro also looks at brexit with paris announced as the new home to the european banking authority a look at bitcoin — the virtual currency which the publication says was laughable two years ago but has now hit an all—time high. and finally we turn to associated press with an online article about pope francis, who has called on police to show "mercy" during traffic stops. and that's also our twitter discussion this morning. you can have your say on that. with me is geraint anderson who is an author, former stockbroker and newspaper columnist. let's begin with an american city story of sorts. this is the washington post take on the justice department stepping in over this proposed merger between at&t —— at&t, which is a

we have got the european banking authority moving headquarters to paris, we've got the european medicalmoving headquarters to amsterdam. we have even got dundee not allowed to go in for the european city of culture because thatis european city of culture because that is run by eu institutions. there is this sort of trickle effect. in the bank shedding 350 million is the latest. all businesses are saying what they needed certainty and they can't have that at the moment. will galvanise the government to try and put its house in order so that we can try and get on and talk about a trade deal. exactly. what businesses would love is a transition deal to save it any major changes are not 18 months away, they are more than two years away. it would allow people in boardrooms to say, i am not going to make any drastic changes. but what the moment they have to do is say because they don't know what the situation will be after march 29, i will rid myself of a problem even if it isa will rid myself of a problem even if it is a slight cost now. i will get rid of these assets because i don't know wha

the european banking authority is heading to paris meanwhile european medicines agency is going to amsterdam the farka as more. it isn't meant to happen until the end of march two thousand and nineteen but its effects are already starting to be felt plans are on the way to see the departure of two of the e.u.'s biggest and most important agencies the european medicines agency base and they said go leaning the skyscraper and the european banking or authority only a few hundred meters away from here in an equally shiny building these organizations receive tens of millions of dollars in funding they employ together more than a thousand people they're highly paid highly skilled and many of them are somewhat reluctant to leave this prestigious location when it comes to the e m a it also attracts thirty six thousand experts and specialists a year who attend hundreds of different conferences that's a huge money spinner for the surrounding area think of all the hotels and restaurant bills that come with those kind of events the irony is that the u.k. may have to pay for the departure of the european

[indiscernible] in april the secretary was confident the european banking authority would be seen in london. now we can even guarantee banks having a right to trade with europe. last week the government voted down it's backbreaking. and repeatedly promised to scrap the social chapter. does she agree with the foreign secretary on these matters. we had guaranteed workers rights. we've introduced a bill in the house of commons did guaranteed workers against them. mister speaker the record is clear this is a voting down the amendment to protect workers rights. the environment secretary said he wanted a green brexit guess again they were voted down. to guarantee environmental protections. on the fifth of december the european summit takes place to address the issue as exposed. there are three proposals on the table. the new transparency rules. will the prime minister take these proposals or is he still threatening to turn burton --dash make britain into a tax haven. 160billion pounds as a result of actions taken. seventy-five new measures i am pleased to say that recently they won an impo

vote on the new location for the headquarters of the european medicines agency and the european banking authority multiple cities hope to host it. athens, milan, and a.m.ster dan are some of the cities they'll decide where the european banking authority will relocate cities that could get the eba are franklin, dublin they say the european medicines agency, they would rather quit than move to any of these cities that is quite a statement. these cities are not all that bad. >> madrid? >> the food. >> i know. totally. speaking of brexit, the brexit divorce bill is expected to be top of the agenda when u.k. prime minister theresa may chairs a cabinet meeting there's speculation they could be preparing to toss out its divorce offer. the u.k. chancellor is expected to set up plans to tackle brittain's housing crisis when he delivers his autumn budget later this week. information leaked to the media says he's going to increase the government's home building targets. in an interview with the bbc, the chancellor confirmed that it's among the conservative government's top priorities. >> it's not acceptable

it is the disentangling of these two sides and the european banking authority, it isa and the europeanhority, it is a couple of hundred staff overseeing the stability of european banks, the decision made by a secret ballot of european ministers here in brussels this evening, that will be going to paris. dublin were bidding for that and they lost out. the other agency is much bigger, the european medicines authority, which coordinates the approval and the marketing of new medicines across the eu and 900 staff there will be moving from london to amsterdam. interestingly that came down to a tie between milan and italy —— milan in italy and amsterdam and it had to be decided by the drawing of lots and it will take a considerable amount of staff and with it the drug companies who have large conferences and 40,000 hotel rooms a year are books by that agency. those will all be going to amsterdam and it is aside that the eu side is progressing preparations for brexit. michel barnier is sitting here and looking at the uk still deciding what it wants to do about paying the bills as it leaves. th

the house how manyjobs have been lost this week with the departure of the european medicines authority and the european bankinge particular two agencies leave the united kingdom and go elsewhere in the eu. when he talks about the number ofjobs being created we have seen under this government 3 millionjobs being created. that is a record i would've thought he would be willing to welcome. you're watching wednesday in parliament, with me, alicia mccarthy. the uk could be facing an "epidemic" of opiod abuse. that was the warning from an mp following thousands of deaths in the united states linked to the synthetic opiod, fentanyl, a painkiller many times stronger then heroin. the threat was raised in a debate in westminster hall. the epidemic of drug overdoses in america is killing people at almost double the rate of both firearm and motor vehicle related deaths. between 1999 and 2015 it is estimated that fentanyl and those type of derivatives have killed approximately 300,000 people in the us during that time. these numbers are of virtual biblical proportions. my concerns are... somewhat with that old adage, which

reporter: this is the future home of the european banking authority.is won the right to host the agency after winning a coin toss against the irish capital of dublin. competition to host institution had been fierce. though in the end, it came down to chance, france's minister described it as a testament to her country's standing in the block. >> some people said we did not have a chance, and yet we won. we managed to convince people that france is back on the year been stage, that we are serious about banking regulation, and paris is attractive as a european banking hub. the fact is that the eba will soon be in paris shows the attractiveness of paris as an economic and financial hub. reporter: this election was a blow to the german city of frankfurt, which had been hoping to cash in on its reputation as a center of european banking. >> it is a pity that the banking authority is not coming to frankfurt. of course people can see that germany is not on top right now, the french are just ahead. but still we will get the majority of the british banks that a

this is the future home of the european banking authority paris won the right to host the agency after winning a coin toss against the irish capital dublin competition to host the institution had been fears though in the end it came down to chance france's europe minister described the outcome as a testament to her country's standing in the block. sit down literally get out of the some people said we didn't have a chance and yet we won we managed to convince people that france was back on the european stage that we were serious about banking regulation on that paris was attractive as a european banking harbors the fact that the e.p.a. will soon be in paris shows you trucked in most of paris as an economic and financial hub the hope in this election was a blow to the german city of frankfurt which had been hoping to cash in on its reputation as a center of european banking. it's a pity that the banking authority isn't coming to frank for us of course people can see that germany is not on top right now as the french are just ahead but still will get the majority of the british banks that

another city in celebration mode is paris the french capital is said to host the european banking authority the selection was a particular blow to the german city of frank first which had been hoping to cash in on its reputation as a european banking hub. it's a pity that the banking authority isn't coming to frankfurt of course people can see that germany is not on top right now the french are just ahead but still look at the majority of the british banks that are currently in london frankfurt is and forever will be europe's number one banking location for the most. part u.k. banks and london based e.u. institutions the twenty seven remaining member states are ready carving up the spoils of britain's departure from the european union. meanwhile the e.u. is to end on line territorial restrictions known as geo blocking by the end of twenty eighteen that prevents consumers from shopping on websites based in a different country its parts. of the blocks push towards a digital single market blocking identifies a consumer's location prevents parsing all foreign retail websites under the new rules

to be drawn from above and the witness would be the new home of the european banking authority or. not could give the french capital an edge over of the e.u. five senses should we see something of a bricks that exists and banks looking to relocate the french president said he was very happy with the decision so what about frankfurt the whole of the european central bank seem to many like a natural choice. they wanted to relocate so they'll be happy anyway for the u.k. this is a song that brags it is opening at the euro forest and taking with them a thousand well paid job to paris and to dump but with less than a year in a hall before britain exits the european union how many more will follow peter olva all. time now for a quick break but stick around because when we were turning former u.s. trading commissioner bart chilton and i will talk about changes we could see for the consumer financial protection bureau and archie correspondent alex beheld that joins us to talk about a worrying report on now that i'll be right back. about your sudden passing i've only just learned you were a

another win for president mccall is now the london based european banking authority will move to parse when britain exits the bloc political philosopher tom brooks from durham law school sais that if mccrone strengthens his hand up the european union breaks it talks will get a whole lot tougher with the problems that the maids been having at home with a weak minority government we look across to europe with angela merkel having trouble other problems than with other european countries make wrong looking strong it's not a good time to want to to go she new things with europe when europe has many other things on its plate the real problem here the real headache for the british and theresa may with mccrone is that mccrone ran on a platform of being very pro european and he's very much euro filed support of greater coordination of europe europe coming closer together so i think again bad news for the prime minister. ok time for a special report the unique look inside one of russia's most notorious prisons the block dolphin as it's known has some of the country's most dangerous and violent

widely seen as another win for president mccraw is not the london based european banking authority will move to paris when britain exits the bloc political philosopher tom brooks from durham law school sais that if mccrone strengthens his hand up the e.u. breaks it talks will get a whole lot tougher. with the problems that may's been having at home with the week minority government we look across to europe with merkel having trouble other problems with other european countries looking strong it's not a good time to want to to go she new things with europe when europe has many other things on its plate the real problem here the real headache for the british and theresa may with mccrone is that mccrone ran on a platform of being very pro european and he's very much euro filed support to greater coordination of europe europe coming closer together so i think again bad news for the prime minister with certainty hanging over our position and a possible snap election you can watch sophie shevardnadze later today go head to head with the deputy leader of the alternative for germany party which

financial hubs frankfurt dublin luxembourg paris and vienna are among those bidding for the european banking authority with its one hundred eighty workers those institutions also attract plenty of other jobs and money so their host cities organizing hundreds of conferences and events with experts from around the world together they book thirty nine thousand hotel rooms in london each year just to give you an idea no candidate cities will find out later today if their bid was successful as britain's vote to leave the e.u. will see many foreign citizens leave the country demand for english lessons has plummeted hitting those whose business it is to get people talking. that sound marks the start of classes that ox field language school in north west london but nowadays several seats remain empty this school is experiencing hard times it's lost a third of its students since britain voted to leave the e.u. in twenty sixteen fields english classes used to be filled with students from spain and italy but the brics it vote has made many europeans no longer feel welcome in the u.k. . that they feel like. there

to be drawn from above and the witness would be the new home of the european banking authority or. not could give the french capital an edge over of the e.u. five senses should we see something of a bricks that exists and banks looking to relocate the french president said he was very happy with the decision so what about frankfurt the whole of the european central bank seems to many like a natural choice but there is this vote couldn't have come a day would time for germany. old lots left and in no position to offer other countries anything in exchange for their votes but enough about those that didn't win the other when it was the dumbbell play host to the european medicines agency all the m a despite the fact that the dutch capital's office buildings won't even be ready in time for breaks that they were at least the top of a poll by a stuff of where they wanted to relocate so weeks they'll be happy anyway for the u.k. this is a sign that breaks it is happening and that the european union is making plans for it and taking with them a thousand well paid job to paris and saddam but

be the new seat of the european medicines agency and paris will be the new seat of the european banking authorityator, michel barnier, was clear that the uk and the city can't have all the benefits of the single market, but... if we manage to negotiate, there is every reason for our future partnership to be ambitious. this is out partnership to be ambitious. this is our preferred option. what was agreed tonight is a long way from a detailed blueprint for brexit. but ministers did accept that theresa may can put hypothetical extreme billions on the table, only if, though, the eu agrees to talk trade and about transition. the mood around the table — the government will move, but not on its own. tonight's decision should, hopes no 10, yet the negotiations shifting. but it is notjust events here which will determine if there will be a deal, or we will walk away. laura kuenssberg, bbc news, westminster. one of the strongest voices on the terms of any brexit deal is that of chancellor merkel of germany. but her future as chancellor has been put in doubt by the unexpected collapse of talks to form a coa

financial hubs frankfurt dublin luxembourg paris and vienna are among those bidding for the european banking authority with its one hundred eighty workers both institutions also attract plenty of other jobs and money to their host cities organizing hundreds of conferences and events with experts from around the world together they book thirty nine thousand hotel rooms in london each year just to give you an idea not candidate cities we'll find out later today if their bid was successful and of course we will tell you who came out on top. three u.s. citizens are facing new travel restrictions to cuba this months as the trump administration adopts a more hawkish stance on opening up to the communist southern neighbor travelers will now only be allowed to move around in groups and the hotels they can stay in are being restricted to new policies are a blow to cuba's fledgling tourism sector which was gearing up for a bonanza from the yankee dollar. vented american cars from the nine hundred fifty s. a common sight on the streets of havana they inspired in this together to come up with a new idea harley's

the european banking authority is heading to paris while the european medicines agency is going to amsterdam the fucker has more. it isn't meant to happen until the end of march two thousand and nineteen but its effects are already starting to be felt plans are on the way to see the departure of two of the e.u.'s biggest and most important agencies the european medicines agency base and they said go leaning the skyscraper and the european banking or authority only a few hundred meters away from here and it equally shiny building these organizations receive tens of millions of dollars in funding they employ together more than a thousand people they're highly paid highly skilled and many of them are somewhat reluctant to leave this prestigious location when it comes to the e m a it also attracts thirty six thousand experts and specialists a year who attend hundreds of different conferences that's a huge money spinner for the surrounding area think of all the hotels and restaurant bills that come with those kind of events the irony is that the u.k. may have to pay for the departure of the europ

amsterdam will be home to the european medicines authority and paris will host the european banking authority. both votes were so tight that authorities had to decide the final results by random draw from a mifish bowl. >> we have had a lot of political issues discussed already, brexit, the uncertain german election, and what happens in germany whether we are facing fresh elections wouldn't that be a conundrum as we have 2018 down for the italians >> and more companying moving out companies moving out of londoncs >> you can e-mail us and you can tweet us directly. >>> coming up on the show, more on the doj's big challenge to the at&t-time warner deal. i just saved thousands on my loan at lendingtree.com. in less than a minute, i found out how much home i can afford. i like how you shop for loans the same way you shop for flights online. i didn't realize at lendingtree you can save money on almost any sort of loan. i consolidated my credit card debt with a personal loan. i found a new credit card with 0% interest for 15 months. you just shop, compare, and save. and it's all free. go to lending

wharf is home to some of the world's biggest banks and two prestigious eu agencies — the european banking authorityaving the eu, both organisations will have to move and today they'll find out where they are going. two dozen cities are scrambling to host them. the european commission says the two agencies employ about 1100 people, many of them are well—paid, but they also attract many business visitors for meetings, conferences and expert panels, who between them book about 40,000 hotel rooms per year. the uk will lose 1100 good jobs of regulators who spend money in the capital but there is more to it than that. having a regulator creates a halo effect because lots of american and japanese businesses set up shop in london because they want their staff to be close to the regulator so they can help shape its decisions, get their products under their noses. it is a similar story in the banking sector. the european banking authority may be a relatively small agency but it wields a lot of influence. it tells us a lot about where the europeans want their financial centre to be — will it be dublin, paris

agencyr: the european and banking authority headquartered in london will have to leave the city whenpriggs it does take place in the agencies have the potential ande lucrative job hubs regional alliances are expected to play a part in a voting process complicated enough that compared to been the eurovision song contest. we have a look in this report. reporter: the battle for the spoils of the exit is heating up. brexit iss it -- of heating up. over 30 international organizations and i will position in the pharmaceutical industry. vienna also highlighted the quality of its musical and exceptional heritage. while some cities are basing their bids on safety and quality of life, others have decided share ofrve their fair eu institutions, like bucharest fairer calling for a distribution of eu agencies. we deserve this. romania is an eu member with the same rights and obligations, but we do not have any eu institutions. hosting these institutions is s not simply a question of prestige or credibility, but could provide an economic boost for the chosen city. the european medicines agency emp

banking location and just. another city in celebration mode is amsterdam it won the right to host the european medicines authority. the e.u. and they currently employ some nine hundred people but estimates suggest that twenty percent of positions could be cost as a result of the move from london. u.k. banks and london based e.u. institutions. the twenty seven remaining member states are ready carving up the spoils of britain's departure from the european union. now something i'll keep in mind when i'm shopping for my favorite pair of shoes the european union is to end on line territorial restrictions known as jewel blocking by the end of twenty. eighteen geo blocking prevents consumers from a shopping on websites based in a different e.u. country is part of the union's push towards a digital single market under the new rules websites must not discriminate between customers from different e.u. states the online sale of services or goods that will help stimulate competition within the european union and encourage cross border train. coming up with a good design isn't as simple as turning a rough sketch into reality

of these agencies that run as frank for the european banking all authority for the european medicines agency the british authorities may try their best to poach the best talent to work. but there are some concerns that some of these employees may leave before the city in two years time undermining any hope of a possible smooth transition. china says both me and maher and bangladesh back its three point plan to resolve the range of crisis fire a cease fire repatriation and poverty alleviation proposal came as near mars leader and some sushi has to do summit for diplomats from fifty one mostly european and asian countries a country has been accused of violently forcing out six hundred thousand range of muslims since late august with a military crackdown south korea's spy agency says the north koreans may carry out more missile tests this year to ramp up the threat against the united states south korea says it has evidence or it has detected signs that missile engines are being tested tensions between north korea and the united states of escalated in recent months with both sides making

the european banking authority will happen later on today so there should be another vote.arty into snap elections rather than leading an unstable minority government. germany have been plunged into a political crisis. eight months of negotiations ended when a smaller party walked out citing a lack of trust. we can talk now to damian mcginest, our correspondence in berlin. 0ne assumes that angela merkel is being serious when she says she would rather have another election the band leader minority government, but is this also putting pressure on those potential coalition partners to come back to the table?|j those potential coalition partners to come back to the table? i think most people here would say it is unlikely that those four potential coalition partners would come back to the table to talk again. it is possible after a night of reflection that people might do that but it is seen as unlikely here. i think all of the options here are far from ideal. the option of a minority government is something that angela merkel has always been pretty firm against. that is because

both of these agencies that are clear front runners for the european banking or thirty for the european medicines agency the british authorities may try their best to poach the best talent to work. but there are some concerns that some of these employees may leave before the stars are granted in two years' time undermining any hope of a possible smooth transition. and that's it for me for the news get back to. now and thank you very much for that cut us foreign minister is ending a ten day visit to the us way he's been discussing the crisis speaking in washington d.c. mohamed bin abdul rahman al funny said that the bill kate on. bahrain the u.a.e. and egypt is being used as as an excuse to have set the power balance in the region . regional players are acting responsibly taking political gamble with the lives of other nations citizens with no exit strategy. not even wisdom prepares it for starving children is being used as a leverage. while the atrocities of syria are being tolerated and in the same way that yemen is being put in a meaningless stalemate now with these powers makes their item lebanon. this is the magic behavior

home of the european medicines agency and eight have submitted applications to house the european banking authorityr talks on a new coalition government fell apart. eight weeks of negotiations following september's general election collapsed when a smaller party pulled out, leaving the future of the chancellor, angela merkel, in doubt. she will now hold crisis talks with the german president, who could call a new election. andrew plant reports. after three terms in office, angela merkel‘s hopes of staying in power rest on forming a coalition. an election in september left mrs merkel without a majority with some voters angered by germany's liberal policy towards refugees. translation: this is the day, at the very least, of deep thought about how things will proceed in germany. but i wish to tell you this, i, as chancellor, as acting chancellor, will do everything to ensure that this country is led well through these difficult weeks. to form a stable government, she needed to reach agreement with the free democrats and the greens. it would span from left to right on germany's political spectrum. but

important agencies the european medicines agency base and they say the skyscraper and the european banking or authority only a few hundred metres away from here and it equally shiny building. received tens of millions of dollars in funding they employ together more than a thousand people they're highly paid highly skilled and many of them are somewhat reluctant to leave this. location when it comes to the a.m.a. it also attracts thirty six thousand specialists a year who attend hundreds of different conferences that's a huge money spinner for the surrounding area think of all the hotels and restaurant bills that come with those kind of events the irony is that the u.k. may have to pay for the departure of the european medicines agency because of a lack of coolers in the rental of the skyscraper. at the coast of around seven hundred million dollars the british authorities say. the best talent to work. with there are some concerns that some of these employees may leave. in two years' time undermining any hope of a possible smooth transition. germany faces a new round of elections after a coalition govern

minister tell the house how manyjobs have been lost this week with the departure of the european medicines authority and bankinggo elsewhere in the european union that when he talks about the number ofjobs being created we have seen under this government 3 millionjobs created we have seen under this government 3 million jobs created. that is a record i would have thought even he would welcome. of course, the prime minister refused to answer the question. let me tell her, so she is aware of the cost of the hard tory brexit, losing the ema and eba means losing over 1000 jobs and the bank of england have told us the city will lose 75,000 jobs, jobs are already gone and jobs are going, brexit is already biting. will the prime minister recognise that exiting the eu is losing jobs and centres of excellence from the united kingdom? i recognise that those agencies are leaving the united kingdom but the right honourable gentleman talks about numbers of jobs right honourable gentleman talks about numbers ofjobs lost. since the conservatives came into government, 3 millionjobs, 3 million more people in work, 3 million mor