now, the european commission saying thatis now, the european commission saying that is kind of true butel we should start calling you our disagreement corresponding, but we will stick with a brexit correspondent, brussels correspondent, brussels correspondent, for now. back now to our top story — news that the man charged with the murder of pc andrew harper, denies any involvement. jed foster‘s lawyer, robjacques has been speaking outside reading magistrates court. on behalf of him and his family, he emphatically denies any responsibility or involvement in the horrific murder of pc andrew harper. we urge the police to follow every single line of enquiry to prove who is responsible and to ensure there is responsible and to ensure there isjustice in this case. we also urge any memberof isjustice in this case. we also urge any member of the public who has information, however difficult it is for them, to come forward and to liaise with the police. that is on behalf of my client and his family. they will be no other statement and in the usual course of these things, i ask you to leave them

scrutiny from antitrust regulators according to the financial times the newspaper says the european commission has sought specific information from those working on the digital currency by a questionnaires on tuesday bloomberg reported about the commission had specific concerns over quote potential anti-competitive behavior related to the libor association so far facebook and the commission have both declined to comment. our financial correspondent joins us now from new york and so what sort of answers is facebook actually supposed to provide here. well i mean one of the main questions really is in this case at least the possibility of competitive behavior and if you look at facebook they have more users than the combined population of china and the u.s. so there is this claim there and then also facebook will probably face questions if there are any plans to somehow connect to some of facebook's services like for example or also the messenger services but this is really only one of the many regulatory issues that facebook is facing with libra and with the other services in general as well now

their expression of from european commission and opposition to non-government organization related to conflict of interest of mr bobbitt at the moment no money at all is flowing from brussels to agra for a time prague it's still quiet on the streets here but soon thousands of people will gather again to demonstrate against the prime minister. the motivation might be purely psychological but iran's president hassan rouhani wants to delete 4 zeros from the national currency the reaal and rename it that's all it's part of a plan to curb the rapidly rising cost of living but experts are skeptical. tomatoes lettuce peppers many iranians can hardly afford even basic vegetables the country spiraling inflation means prices are rising faster than incomes the inflation rate is now nearly 40 percent the many zeroes on the banknotes are deceptive the national currency the reality is hardly worth anything one u.s. dollar is worth around $116500.00 reales 4 years ago when the now terminated nuclear treaty with the west was signed the dollar was worth 32000 reales most iranians view the president's

straight steel is now you have to understand that the trade deal has been negotiate by the european commission but it needs to be ratified by each an individual of the 2080 you member states if one of the states is not ratifying the deal the deal is practically dead so it's strong was from the french president and now of course inequality is the top male topic at is as it were that's what everyone is meant to be talking about oxfam says that there is a double problem of the well the climate crisis centrally compounding inequality how will leaders be getting to grips with that. well on this i have an eye on this the 7 summit the french president took took a precaution after donald trump on the last 2000 a meeting walked away not signing a comma common declaration of mutual declaration so there would not be a declaration but the french president does want some tangible results not just on the wildfires but to particularly on the inequality in africa so a number of subjects he's invited on a number of african leaders and a number of key subjects are on the agenda such as providing more credits mo

indeed, in the last few weeks, we've seen continued support from the new european commission presidenten, and the incoming european council president, charles michel, as well as heads of state, government and new members of the european parliament. ultimately, for the eu, when a member decides to leave, they need to do it in a manner that respects their responsibilities. the uk has serious responsibilities that need to be met. interesting you say there's been no change inside the eu — i can cite you some change right now. the polish foreign minister said a time—limited backstop, and it's the backstop that is so much at the centre of this dispute between the eu and britain about the withdrawal agreement. tthe polish fm said, "a time—limited backstop is much more favourable than a no—debrexit." therefore, if ireland turned to the eu about changing the withdrawal agreement with regard to provisions on the backstop so it would only apply temporarily, let's say a backstop for five years, then the matter would be resolved. so there's no unanimity in europe anymore. the poles for one are sugg

european commission launched a formal and dumping investigation into steel products from china taiwan and indonesia on tuesday the inquiry follows a complaint by the european still association e.u. steel producers say some of their peers outside the block have flooded europe with cheap steel. media giants viacom and c.b.s. will merge to form a $30000000000.00 in entertainment conglomerate ending years of tie up talks viacom owns the movie studio paramount and t.v. channels comedy central and t.v. analysts have the merger will allow the new company to compete with streaming services. millions of muslims have made their way to mecca as part of this year's hodge pilgrimage increasingly saudi arabian businesses are finding ways to make the most of the vast numbers of travelers coming from overseas some hotels are now catering in particular to wealthy pilgrims and offering a very special experience a high end hodge. the kaaba in mecca is islam's holiest site for pilgrims it's the final destination at the end of a long journey and now the wealthiest among them can end a tiring day in a room

facebook and the european commission both declined to comment. a breakdown in communications.hat's what a review of boeings is expected to cite, alleging designers did not understand key elements of the plane. it is said the approval with a key safety board highlights the need for improvement. -man's place in the marvel universe looks to be facing a bigger threat than thanos. the dispute between sony and disney is threatening to end coproduction of the superheroe'' films. sony wants to keep the current arrangement where disney gets 5% in box office revenue. that's your bloomberg business flash. matt: annabelle droulers there in hong kong with your business flash. putting money into assets guaranteed to return less than their face value seems counterproductive at the very least, but there are ways that they can be traded for a profit. annmarie hordern is here with the trades that pay for negative rates. annmarie: we have $17 trillion of negative yielding debt. the question becomes, how do you make money from it? you have to get creative. two trends i am looking at, first is fx

eu leaders are operating on a "working hypothesis of no—deal" after a meeting between european commission that's the telegraph's lead story. 0n the same story, the guardian says borisjohnson has no intention of renegotiating the withdrawal agreement and a no—deal brexit is his central scenario. the prime minister would refuse to resign even after losing a confidence vote so he could force through a no—deal brexit on october 31st, says the times. the metro reports that the six—year—old french boy who was allegedly thrown from a viewing platform at the tate modern yesterday is no longer in a life—threatening condition. the ft leads with the story that china has allowed its currency to weaken below a key threshold in a marked escalation of its trade war with the us.

from you antitrust regulators that's according to the financial times the newspaper says the european commission hustled specific information from those wetting on the ditch of currency by a question asked on tuesday bloomberg reported to the commission on specific concerns of a close potential anticompetitive behavior related to the libra associations of a facebook and the commission has declined to comment. that was business africa thanks for watching. enjoy the conflicts with 2 sebastian junger east europeans traders moldova a new coalition government largesse his readers of my view mature but caught feist's president of the outgoing go mcafee prophet and a former justice minister would most over now how far he would for corruption is he ashamed to be talkies raechel in conflict so far in 60 minutes. and on demand. language courses. and or you know. any talk to anywhere. w. me to use the term. this is d w news africa coming up in the next 15 minutes how it is now being shared between the military and civilians in sudan today the top general was sworn in as head of state 10 others top of them

european commission has launched a full antidumping investigation today and to steel products from china taiwan and indonesia the investigation follows a complaint by the european still association you'll still produces some of the non e.u. fears of flooded europe with cheap steel. british food delivery service delivery ruth says it's pulling out of the german market claiming tight margins the company says it's focusing on other more profitable european markets like france as well as the asia pacific region. on the news from the business of football in germany's bundesliga. gotten off to a great start to the new season with a win against rivals by and munich in the season opening super cup but things are looking much less rosy financially is the only because the club listed publicly on a stock market and profits down along with total revenue which has fallen dramatically to rob 17 and a half 1000000 euros that's a drop of nearly 50 percent numbers were to some extent sales of top players to other clubs last year also brought in quite a bit of couch. novel more the finances of football no

scrutiny from antitrust regulators that's according to the financial times the newspaper says the european commission specific information from those wedding on the digital currency by a question asked on tuesday bloomberg reported to the commission on specific concerns of a close potential anticompetitive behavior related to the associations of facebook and the commission was declined to comment. that was business africa thanks for watching. but. distance for. the few trying. every journey begins with the 1st step and every. i'm greeted with the 1st word heard from the group. recoat is in germany to learn german and why not with him a simple online on your mobile phone and free shots from the d w z learning course nikos free german made it seem like. this is africa coming up in the next 15 minutes how it is now being shared between the military and civilians in sudan today the top general was sworn in as head of state 10 others top of them civilians were also sworn in as members of the sovereign council that will oversee and new government until the elections. and what nates will cameroon separatist

and the merger will allow the new company to compete with streaming services the european commission launched a formal anti-dumping investigation into steel products from china taiwan and indonesia on tuesday the inquiry follows a complaint by the european association of users some of their peers outside the block a slot of europe with its. illegal wildlife trade is worth billions of dollars some crimes like i was on poaching are well known others like the unlawful capture of birds for use in singing contests. now authorities in colombia are cracking down on canary. in the wilds they sing to defend their territory or course a mate but as raids like this one in colombia have recently revealed birdsong is big business too with criminal seizing the creatures from the wild and forcing them to perform melodies and alcohol fuelled gambling events. on the part of the operation discovered that the birds were being subjected to a very high level of stress. that people were applauding and shouting at them. there was a lot of noise. they pretended that the bird who sang the most would take the p

mean it's it's in their sort of real and they're responsible for trade policies so they group european commission is really in the key position here now. don is from the german as you for international and security of us thank you very much for joining us thank you. know one of the trade spots the whole world war 8 is there one between japan and south korea seoul wants japanese companies to pay compensation to koreans fourths of the labor in world war $2.00 now in the anniversary of japan surrendered to the us south korean president in offered an olive branch to tokyo calling for a wide ranging dialogue. demonstrators take to the rainy streets of seoul demanding compensation for labor is forced to work for japanese companies during the 2nd world war the issue has dampened relations between japan and south korea and lead to significant trade tensions the decades old debate was reignited last year when south korea's supreme court ordered japanese firms to compensate the workers and seize japanese assets tokyo responded by imposing curbs on tech exports would it be that when. the victims of wartime

goal of tackling climate change they also called for a european initiative to pressure the european commission to take action but for some of the participants it did not go far enough is this from the us i think we need a kind of hierarchy in the organization so we can plan betcha. sadly fridays for future does not have to. buy for this feature this has been it i need to define it quite happy with this week then we really discussed a lot but i hope that we can keep the ball rolling and it doesn't just end when everybody goes home like you did and i'm still in. the conference was a strategic meeting for the movement. in the future the activists want to cooperate more effectively on a global scale. now to some of the other stories making news around the world north korea has fired 2 unidentified projectiles from the site on its eastern coast they landed in the sea of japan according to south korea's military john yang has called other recent rocket tests or warning to seoul over its plans to continue military drills with the united states. the man accused of last weekend's deadly mass shooting i

the backstop without offering any concrete proposals this is drawn a cool response from the european commission by science began the negotiations with a commitment to avoid a hard on the island island and the backstop is the only means identified so far by both parties on at this commitment prime minister johnson will be in berlin on wednesday for talks with chancellor angela merkel. we'll take a look now at some of the other stories making news around the world a turkish police refused. to disperse protesters in the city of back here after the ousting of 3 opposition party mess a turkey placed a match for state officials in 3 major south eastern cities accusing them of crimes including spreading terrorist propaganda. the syrian opposition forces have withdrawn from the strategic town of conscious and the country's last rebel held province syrian government should somehow i said to move forward to move towards the town. which has been hit by tens and strikes over the past few days. and indian spacecraft launched last month has begun to open a little attempt india's 1st moon landing on the 7th o

industries and also his prime minister as say the german government and the european commission have arranged for the migrants to be redistributed in the eagle . at least 11 people have drowned and more than 30 have been rescued after 3 ferry boats capsized in the central philippines the entire island ferries either turned over all sank in rough seas wind and rain forecast as have more golf more heavy monsoon rains and thunderstorms. thousands of supporters of northern ireland l g b t community have taken to the streets of belfast a prime minister of ireland over it could join the pride celebrations event comes just weeks after the british parliament voted to extend same sex marriage and abortion rights to northern ireland. at. least in russia's capital crackdown on a person for free and fair elections for the 2nd week in a row demonstrators gathered in moscow to call on the government to allow opposition candidates to run in city elections there a massive police presence on the ground kept in that on the event more than a 100 people were reportedly arrested by false. this cyclist wa

goal of tackling climate change they also called for a european initiative to pressure the european commission to take action but for some of the participants it did not go far enough it is this does i think we need a kind of hierarchy in the organization so we can plan better sadly fridays for future does not have that yet existed like the buy for this feature dish has been it i'm 61 quite happy with this week then we really discussed a lot but i hope that we can keep the ball rolling and it doesn't just end when everybody goes home and then i'm sorry. the conference was a strategic meeting for the movement. in the future the activists want to cooperate more effectively on a global scale. 20 years ago today vladimir putin became russia's prime minister single that by post soviet leader boris yeltsin the young president was a relative unknown back then and no one had any idea how he would go on to change the constitution to suit his own purpose and cement his grip on the country for the next 2 decades during his 1st presidency russia's economy grew for 8 years in a row and putin won public sup

the backstop without offering any concrete proposals this is drawn a cool response from the european commission very science began the negotiations with a commitment to avoid a hard on the island island and the backstop is the only means identified so far by both parties on it this commitment prime minister johnson will be in berlin on wednesday for talks with chancellor angela merkel. go back to our top story which is the prime minister announcing his resignation will go to rome will be joined d.w. correspondent max on the welcome max is this a crisis in italy or is it just the way italy does politics. well full technically the government is still up and running. prime minister concert. when he talked in the senate earlier said that he will not he no longer intends to head the governing coalition of 4 rightly party and the euro skeptic cristela but he still still has to officially resign with president says your mother in law and he's expected to do so later on and then he will put matters into his hands and he will look for alternative options alternative options and a way to go forward after

expressions are from european commission and opposition and to non-government organization related to conflict of interest of mr bobbitt at the moment no money at all is flowing from brussels to agra for a time in prague it's still quiet on the streets here but soon thousands of people will gather again to demonstrate against the prime minister. and that's it for me and the whole business. as usual for more business news features and analysis to check out our rather comprehensive website that's d.w. dot com slash business and make sure to follow us on social media we're on facebook and twitter said you now for us in culture with robin up next right after this quick roundup of global markets at this hour let's focus. zax. raring to me. if there is any erotic remember you have to find it between the wife's. literature. german our streets. quiet melody rizzo's michael lighten the mood. ready resonate when it's. the mind and the music. to. 2019 from september 6th to september 29th. your. welcome to news from the world of arts and culture singer songwriter james blake slate his tour is abo

goal of tackling climate change they also called for a european initiative to pressure the european commission to take action but for some of the participants it did not go far enough. this does i think we need a kind of hierarchy in the organization so we can plan better sadly friday so future does not have that yet it's that light of by far this feature has been it and something i'm quite happy with this week then we really discussed a lot but i hope that we can keep the ball rolling and it doesn't just and when everybody goes home to die and then i'm sorry. the conference was a strategic meeting for the movement. in the future the activists want to cooperate more effectively on a global scale. scientists say there is a strong link between the planet's warming and rising sea levels and they believe the rise could actually be far more than predicted due to accelerate and melting in greenland and antarctica this would threaten coastal regions around the world so the small welsh village of fairborn on the western side of britain is preparing for just such a possibility. i might throttle has the

the backstop without offering any concrete proposals this is drawn a cool response from the european commission very science began these negotiations with a commitment to avoid a hard order on the island island and the fact is the only means identified so far by both parties to honor this commitment prime minister johnson will be in berlin on wednesday for talks with chancellor angela merkel and today the german chancellor visited the capital of iceland reykjavik for a summit of nordic leaders climate change was a big part of their agenda machall of the nordic government leaders agree that climate change is already visible and their reach. 6 european leaders and one common goal german chancellor angela merkel joined the leaders of denmark finland iceland norway and sweden to discuss how to better tackle climate change yoav on the. stuff we all agreed that climate change is becoming visible not only in the nordic countries but also in germany it's not only that the 1st glazier have to be mourned here in iceland but each one of us can say that we have had very unfamiliar weather conditions the pr

italian government is forecasting growth of 0.2% for the year, which is above estimates from the european commissionmf. a major problem is the country's stubbornly high unemployment rate of around io%. but it is italy's massive youth unemployment rate which is causing nightmares. it currently stands at a huge 28.i%. lorenzo codogno is a visiting professor at the london school of economics. good to have you with us. do you think the government will survive this vote, or not? lmx i think it is rather unlikely, because the crisis has gone too far. it is too late now to come back, and, you know, put the pieces together. so i think most likely this government will not survive. and so there will be a crisis, and now everything is in the hands of the president. and why is it all going wrong for the coalition now? that's a good question, because no—one knows exactly why now, but an official line is that one of the two parties, the league, decided to pull the plug of the government, saying it cannot go on this way, given that the other part, the five start movement, is continually saying no to new initiative

so-called divorce bill at least not in full if britain was to leave you without a deal the european commission however points out that a failure to pay could hamper future trade negotiations that listen and. all commitments that were taken by the 28 member states should be on earth and this is also an especially true in an odious scenario where the united kingdom would be expected to continue to honor all commitments made during a u. membership rather than going now into a judicial action threat i think. that it is important to make clear that settling accounts is essential to starting off a new relationship on the right foot based on mutual trust and i would also say that as far as i understand this issue has not been raised with the e.u. side for the time being officially. now either you commission there on the possibility that the u.k. does not pay the divorce bill let's bring in our financial market correspondent ashutosh pandey on this why not paying your bills doesn't go down well with anyone how much money are we talking about and what would it mean for the e.u. . well monica it's a 390

officials at the european commission insist they are open to discussions, but are waiting for the uk his sister and eight others in dayton, ohio on sunday had a history of violent obsessions about committing mass murder. his family say they are fully cooperating with the investigation. pakistan's prime minister has said if necessary, he will refer the indian government's decision to stripjammu and kashmir of its special status to the united nations. he's warned it will increase tensions between the countries. now, it's time to look at some of the stories that are making headlines in the media across the world. we start with the irish times, which is leading on the brexit deadlock between the uk and the european union. the paper says a meeting has been set up between the irish and british prime ministers, leo varadkar and boris johnson. to the financial times now, and the dollar conundrum facing the us. as america accuses china of being a currency manipulator, the ft reports donald trump and his treasury secretary are concerned about the strength of the greenback. a striking image of

member states, have to be approved i the european commission, and they have to submit that draft by mid-october. claire: thank you, stephehen. turning our attention to australia, where cardinal george pell has lost his appeal against his sexual abuse conviction. the 78-year-old has been in prison since his sentencing in march. he is the most senior catholic cleric in the world to be convicted of child sexual assault. claire rush has more. of 2-1, therity court of appeal has dismissed cardinal george pell's appeal against his conviction forr the commission of sexual offenses. >> cardinal george pell is going back to prison. the world's most senior catholic to be found guilty of child abuse, pell is serving six years from a listing 213-year-old choirboys more than 20 years -- 13-year-oldng two choirboys more than 20 years ago. one victim shared his reaction to the ruling through a statement t read by his lawyer. relieved d by the decision of the court of appeals. it is four years since i reported to the police. the criminal process has been stressssful. ththe journeney has takeken me o places tha

to think how this is any time to come up with any new deal with the european council of the european commission at all because the when when parliament comes back and he gives his queen's speech on october the 14th is only 3 days before the european council summits or not so over the 17th that becomes an absolutely crucial meeting but it's very very difficult to know a less they can come up with some sort of form in the meantime that then gets passed to the european council and boris johnson can then go about supply limits and say look is out of this deal or we are out of the 31st of october with no deal at all and parliament eventually has to fall and so on and back it that's the only route i can now see to any sort of new deal actually getting across the line it's but it's either a massively foolhardy or incredibly brave step by boris johnson depending on your points of view about brics here now and thank you very much for that for now that's largely in london we would have more analysis on this for you and that but later on in the news out. but moving on to other news now on brazil's says it

now the european commission says you can do that.ened when microsoft was in the firing line is that microsoft just offered a random sort of selection of internet browsers, and they didn't pay anything. google is saying it search engine rivals have to bid in order to be listed as an alternative on the default search engine rotor. to me that seems fairly brazen and not really what the european commission had in mind. alix: so what do you make of that? do you feel like they are saying we are still going to do what we want? ec is goinglike the to push back? above.es to all of the this is google following the letter of the law, but certainly not the spirit. they were left to their own devices to resolve this issue. it gives them a lot of competitive insight into how much a customer is worth to some of the rivals. does that mean the european commission pushes back and says this is not acceptable? i would expect so, but that buys google more time to carry on with the status quo and leverage its dominant position. as we head into the autumn,

eu leaders are operating on a "working hypothesis of no—deal" after a meeting between european commissionfficials and brexit diplomats from the other eu members today — that's the telegraph's lead story. on the same story, the guardian says borisjohnson has no intention of renegotiating the withdrawal agreement and a no—deal brexit is his central scenario. the prime minister would refuse to resign even after losing a confidence vote so he could force through a no—deal brexit on october 31st, says the times. the metro reports that the six—year—old french boy who was allegedly thrown from a viewing platform at the tate modern yesterday is no longer in a life—threatening condition. the ft leads with the story that china has allowed its currency to weaken below a key threshold in a marked escalation of its trade war with the us. actress barbara windsor is calling on borisjohnson to "end the dementia care funding scandal," according to the mirror. the express leads with the same story, saying barbara winsor has written a letter demanding prime minister borisjohnson acts now to solve the dement

facebook and the european commission declined to comment.achs is conducting preparatory work for saudi aramco's ipo according to financial times. it says the work is ahead of pitching progress in order to -- have even work for free on specific projects. a breakdown in communication. -- what areview of review of boeing 737 max 8 is expected to site. highlights the need for improvement. that is your bloomberg business flash. thank you very much. as italy'snte quit prime minister. he blamed matteo salvini, accusing him of irresponsible rebellion. crisis willnt compromise the work of this government. conte announcing his resignation. the five-star movement and the democratic parties are holding talks over a possible coalition. james mccormick is my guest host. as you look at the potential political, somewhat say chaos in italy, do you think we are going to elections or do you think we will get a deal between five-star and democrats? >> our base case is we are going to get a centerleft coalition. we think snap elections, the risk around that is n

an executive with the european commission has cold at the eu member states to show compassion and provideion in which these people can be taken on and given the opportunity to seek asylum in eu member countries. this is all part of the process happening in these islands, even though the interior minister have said he has banned these landings, the reality of the matter is they keep turning up while there are people who are desperate to escape the conditions they find themselves in in libya. they will do anything they can to find safety in a european union country. the u.s. will bring in new rules to allow migrant families to be detained indefinitely while judges consider whether to grant him asylum in the united states. currently, micro children can't be held for more than 20 days. the new policy is part of a crackdown on undocumented migrants will have no limits on how long children or their families can be detained. officials say it will stop people from deliberately traveling with children to avoid attention. the u.s. president has accuse the danish prime minister of being nasty after

sophie: the european commission has described the amazon as our lungs, our life-support system.b what is going the impact of this globally? jeff: it is going toa profound and devastating impact that will be felt by generationu to come, b it is true,e, rain forests produce 20-plus percent of the oxygen that we need to survive. the process of just being a forest makes them a natural carbon bank.er they sequeillions and billions of tons of carbon. not only are you taking nature's way of mitigating climate change, you make them a culprite in the disbecause you are cutting this bank and instantly burning these trees and sending those fumes into the atmosphere as a greenhouse gas. you are tang the solution and making it a manifest of the problem. that's just one layer of it. oen you take, sophie, the impact of the lothis ecosystem and then you mix it with the elements of climate change, the failure of the united states to rightfully take its position as an environmenta global leader,ve been -- we have done horrible things as of late, all of this comes together to crea this perfect extinctio

it's a very good point, it was funded by the european commission, the next step which will bea commissionhat or not is an open question and something thatis is an open question and something that is concerning for us. would you consider asking the government for the money if it wasn't forthcoming, depending on whether there is a deal or no deal? we would certainly like to see more investment in this space in the uk to make sure we can be pa rt in the uk to make sure we can be part of this programme and also ensure that vaccines are available for the uk community. 0k, ensure that vaccines are available for the uk community. ok, thanks all of you, thanks for coming in the programme, really good to speak to you. breaking news from hong kong, raking news, hong kong airport authorities say all check—in services for departure flights have been suspended. stephen mcdonnell our correspondent was telling us there are hundreds of protesters back at the airport today, that the scene right now at the airport, hundreds of protesters back there. and hong kong airport authority announcing all check—in s

russia and europe in unit point now is how do you ever wade huge for a change of the year the european commission where the member of a small change so will it help to change the situation will it help to bring russia . pays and to improve the situation and relations between russia and european union so and as for just going to discount to bringing it back to g 8 this dialogue that you're going to have today. now. on. your question on lease burn. from lisbon to thought of our stock it's not our idea general the gold mentioned that was the 1st to raise that he says we need to have a. single space from the sponsor to the urals but we need to extend it to the year pacific ocean this is one culture of this is one space united by one culture that now seems impossible what seems impossible today could be quite possible tomorrow we need to set goals like that. and these are strategic goals. they are critically important including for europe if it wants to remain the center of civilization our own for russia and if we work together then sooner or later we will finally achieve that goal in one way or anot

there is a new european parliament earlier this month. there will be a new e.u. commission that is now taking formation. is anything going to change? do you have to get a new mandate? could you get a new mandate with the commission? dr. weyand: that you is built on -- the e.u. is built on the principle of institutional continuity. so, the mandate that we have remains valid, and that is the mandate we received from the member states. so, there is no need to change that at this stage. what is interesting -- we are at the process of preparing the arrival of the new team including the new trade commissioner, etc. i cannot prejudge the decisions they will take. but you can see the theme over the last couple of years, which is reinforcing the political guidelines of the president-elect, mrs. ursula von der leyen. i see two things, one is the determination to leverage all policy instruments, including foreign policy instruments at the global level. and as i said, the strength of the internal market. i think her background in international affairs and security matters is helpful. i

this has drawn a cool response from the european commission. >> he began his negotiations with a commitment to avoid a hard border with ireland, and the backstop is the only means identified so far by both parties to honor this commitment. >> prime minister johnson will be in berlin wednesday for talks with chancellor angela merkel. >> let's get around it now of other stories making news around the world. turkish police have used batons and water cannons to disperse protests after the ousting of three opposition party mayors. turkey replaced the mayors with state officials in three major southeastern cities, accusing them of crimes including spreading terrorist propaganda. syrian opposition forceses have wiwithdrawn omom the satategic totown in the country''s last rl held province. syrian government troops are set to move north toward a town which has been hit by intense airstrikes over the pastst few days. pakistan s says it will l take a to the international court of justice over kashmir. it comes after india revoked the special autonomous status of the region. #officials say thousands of

commission. as well as the previous dutch finance minister. filling seats in the europeanrship and we now have a name for the imf candidate. that does it for the closing bell and for me. "what'd you miss?" is next, but the team will focus on the trade war and the state of the labor market. this is bloomberg. ♪ caroline: live from new york, i am caroline hyde. romaine: i am remain bostick. caroline: u.s. stock markets closed down, the worst week all year. president trump touts a deal to boost u.s. exports to europe while china vows to strike back at trumps extra tariffs. tariffs outweighed jobs. a healthy labor report failed to deter and traders from half a point of additional rate cuts in 2019. upping the stakes, we work is borrowing, but it is all contingent on a successful ipo. romaine: president trump as he left the white house saying that he could raise china tariffs to a higher number, he also talked about other topics. let's bring in bloombergs chief washington correspondent. he joins us now. saying, it has been a dizzying day in terms of trade. hesident trump saying

anyone he has interacted with the european commission and the european union, one thing often get said person yourself in the seat of the person you are negotiating with to understand. what is our best negotiating position? if we think of it from the perspective of the european union they see it as an existential problem, the country is leaving. you can understand why they are obstinate in this way, they do not want to negotiate. they have reached this agreement. corralling 27 other countries in saying this is what will happen. are you ok with this? slovenia, and this type of thing. it is difficult. 27 of them at once. we had to understand that thatis at once. we had to understand that that is why the european union goes this way. at the same time, britain going you need a new mandate with seven months together is dangerous. it is not really a letter to mr barnier, it is posturing by our politicians to make us feel they are doing something. i do not think any european plutocrat on their summer holidays is worrying about this in the mail on sunday. it is really to keep the vote of brita

facebook and the european commission both declined to comment on the investigation.dman sachs is conducting preparatory work for saudi aramco's blockbuster ipo. the work is ahead of any formal fixing process to secure a role in the offerings. some banks have charged lower fees or even work for free on specific projects. a breakdown in communication, that is what a review of boeing's 737 certification is expected to site, following revelations regulators did not understand key design elements. the panel has that found evidence regulations were not followed, but says it highlights the need for improvement. that is your bloomberg business flash, francine. francine: germany is offering investors chance to buy a peace boonesory it is offering with a 0% coupon, testing continue to demand for haven assets -- continued demand for haven assets. still with us are our guests. i'm not sure owning a peace of history is a good selling point your clients. what happens to bunds overall? nobody told us about this at school, it just shows that the savings glut is enormous. the fact th

is coming new restrictions on the technology to protect its citizens an official from the european commission says they want to limit indiscriminate use of facial recognition well dell babus former chief superintendent in london's metropolitan police force he says there's a need for checks and balances for this technology to be fully embrace. all of us need to understand is that people will have surveillance going on all the time you know whether your going to the supermarket supermarket can track your purchases and and determine what is the best things to sell to you so i think what this is doing is tracking people who are potentially going to do is arm and then looking at how they can try and mitigate the harm. i think it's right that we have proper checks and balances because the concerns that people are now voice in are the very very same concerns that people have always seen when d.n.a. was introduced all when tracking of individuals was 1st introduced in. the number plate readers of cars and i don't necessarily have as much faith with the private sector not abusing the data that we have