internal and external intelligence services benefits from a multilateral exchange base between the european intel bureaus we have national experts you do the see send the scent or the situation. which permits us to make common analysis using the practical experiences of each country. then we have the bilateral exchange from service to service by country and finally we have a friendly club of directors of the services where we discuss freely what should be done and what will happen use of all today the issue is are we able to spot etc just on a european level really the answer is not yet it's on the period to see what i mean the americans were not able to do that either so today this and disobey sion because you need to anticipate thread into submission exists thanks to sharing and exchange of trust between people who are competent and professional who respect each other and who above all protect their human sources because in the intelligence services the key is human sources and operational intelligence as well like surveillance and it cannot come up with a solution to a problem if your human so

yesterday even after we got that mix on intel. european equities and u.s.ies look like they could build on their gains. that will make it a second day of gains for europe. a third day of gains for u.s.. equities heading for their first weekly drop in five. dup could support theresa may's brexit deal. the euro recovers from losses yesterday. oil traders focusing on venezuela. this morning from davos, we will be speaking to many more people from around the world. ♪ nejra: good morning from london. i am nejra cehic. these are today's top stories. asian shares rally with tech leading gains. u.s. chipmakers -- the pound surges on report theresa may's brexit deal will be supported. philip hammond just spoke to look francine lacqua and says the risk of a no deal is a real risk. slow down surprise, the ecb says economic risks have moved to the downside. it is too early to tell if rates will rise in 2019. >> we knew it would slow down. inwas at a high point 2017-2018. nejra: policy chief and business leaders are gathered in davos for the world economic forum. the fi

it is pretty clear they just don't know what it is they want from the european union or what kind of relationship they want. intelet to that point there is nothing brussels can do. we heard they don't want to call a special meeting. if we get theresa may in town they are unsure of what they can offer her if she does not come up with something better. >> the chief negotiator for the european union saying quote this about is not a clear manifestation of a positive majority which would to find an alternative project. saying this is a vote on the negatives but it is not telling us what we should do. all of the european union members would have to agree to an extension of article 50. is that on the cards? one of the speculations i have heard today. in the u.k. you are here in the government insist and continue to say we are not going to extend this, we believe in march with deal or no deal. brussels has set the opposite, they were not keen on this idea but they operate on the fact that it is really inevitable. not going to be able to get the legislation done that will allow ideal so they do operate on the fact that th

european markets, especially in the area of high-tech. the e.u. is leveled fines of billions of dollars on firms like google, microsoft, and intel. in september the european commission announced that it would now investigate amazon. regardless of whether the u.s. might need stricter anti-trust enforcement, i believe an understanding of the history of the institutions and the goals that shape e.u. competition law enforcement and how those factors differ from the u.s. experience might well be critical to judging whether american anti-trust enforcers should follow europe's lead. in particular, i look forward to hearing about the impact that e.u. competition law enforcement has on u.s. businesses. and what that means for american consumers. as i've said before, the competitive market place requires a strong anti-trust enforcement and a strong anti-trust law with consistent and conscientious enforcement of the laws. however, that enforcement has got to be sensible and needs to be grounded and in objective economic analysis. anti-trust policy should serve the interest of consumers, rather than being a tool of competitors to punish the r

intel's earnings interim ceo and current cfo. bob swan thanks >> thanks very much. >>> european markets are about to close seema mody has today's action>> great interview european stocks moving to the up side, erasing declines from the week you have strong earnings results from eric son, outweighing broader concerns of whether we get a trade deal in march. german da germ germ german dax on pace for gains more signs show there's trouble aheadfor the economy the economic affairs ministry lowered full year growth forecast to 1%, down from the fall forecast for 1.8% growth, and survey out shows german business sentiment deteriorated sharply in january, hitting the lowest level since february of 2016 it comes after deutsche bank ceo warned that they're delaying investments due to the continued trade tensions the question is how will the ecb respond, investors watching comments from ecb members, one day after they put rates on hold today, a hawkish executive board memory in forcing the idea that the ecb has yet to decide how to respond to the string of disappointing data that illustrates the broader slowdown in europe. right now, the euro h

european stocks also on the upside, a positive sentiment from some chipmakers like western digital offsetting intelg a jump. maybe we won't see as dramatic a brexit as the deal party -- dup party goes with theresa may's plan. mario draghi did sound dovish around the margins, throwing cold water on the rate hike after the summer of this year. we want to head back to the world economic forum in davos. jon: thank you veryjon: thank y. i'm joined by the russian economy minister, maxim oreshkin . great to catch up with you. initially, we didn't think you would be coming because the committee here in davos were banning three prominent russian businessmen. you are the leader of the delegation here to russia -- from russia. >> there were meetings with other countries, with companies. everything was good. >> the sanctions on russia from the europeans and united states are still there. thehere's a difference -- mood from the u.s. side and european side. europe is trying to be more independent. >> how do you see that playing out in terms of the removal of sanctions? >> we are talking about improving our relat

the problem is the european union, as things stand, and for budging on it. intelabout these attempts by mps to rule an ideal breakfast —— brexit —— ain't for budging on it. there is a chance for budging on it. there is a chance for mps to amend this outline of a plan b, a sort of sketched outline ofa plan b, a sort of sketched outline of a plan b we are likely to get from the prime minister. they want to stop the uk leaving the european union with no deal at all at the end of the month after next, the end of march. and they feel that parliament is now in the driving seat, that the government is very much on the back, in the boot, even, with parliament taking the lead. they hope to be able to prevent that from happening. the government says that has to be able to remain an option because it isa able to remain an option because it is a useful negotiating tactic. they also point out that unless the law is changed and that remains the default option. if there is in the deal, then no deal is what will happen. there will be another big vote, we a re happen. there will b