brussels tomorrow european commission president john claude junker has suggested using the european investment bank as a way around u.s. sanctions legally though european business is not bound by u.s. foreign policy but ignoring sanctions could affect their business interests in the united states. for iran's foreign minister mohammed javits a reef this week could become the most important of his career his mission to salvage the twenty fifty nuclear deal and he'll be counting on the support of the five other countries involved. for me it is very important to enter into dialogue with the nations that still remain in the iran nuclear deal china is the fresh top. iran's president has rouhani joined him in his efforts into iran he vowed that his country would honor to deal. with. the if the five remaining countries in the deal join us and for felder commitment and guarantee the iranian side that benefits of the islamic republic from the deal will be preserved and this agreement will remain in place. short. list stakes are high for iran particularly for the nation's oil industry which would be crippled

the european investment bank is ready to help they could give loans to companies and not pulling out of iran this would be the first time this is happening so far the b. has never been active in iran and talking about loans and currency was also interesting that iran seems also now to look for ways to do business more in the euro currency not any more with a dollar every dollar transaction could get very difficult in the future when those sanctions are really implement and it looks like the trade landscape with iran is shifting then daniel cope in frankfurt thank you very much for that. and the u.s. has set the countdown ticking on another deal nafta the deadline for renegotiating the north american free trade agreement ends today and last minute clinching of the deal is unlikely there are still huge differences to be overcome that could mean the trade pact is kicked into the long grass of twenty nineteen stealing a quick win from donald trump. mexican car factories are the main bone of contention they manufacture cars using low cost labor and export tariff free to the us where they'

actions as it has instructed the european investment bank to facilitate investment in iran. the european union is committed to mitigating the impact of u.s. sanctions on european businesses and taking steps to maintain the growth of trade and economic relations between the e.u. and iran that began when sanctions were lifted. well it is more aghast you have takes a closer look now at the staggering relations between the u.s. and the e.u. and the latest move by brussels. no arguing with it america and europe had something special a relationship unlike any other they did everything together condemned rogue regimes slapped naughty countries with sanctions even they wanted to get we have a very strong relationship with our friends and partners our friends and u.s. administration we have a really great relationship blow through and allies and this is this very special relationship this is almost too good to be true and it seems it was money trumps all now that america has unilaterally pulled out of the nuclear deal with iran it could start sanctioning european states companies that

firms to recover losses arising from actions it has instructed the european investment bank to facilitate e.u. investment in iraq the european union is committed to mitigating the impact of u.s. sanctions on european businesses and taking steps to maintain the growth of trade and economic relations between the e.u. and iran that began when sanctions were lifted but artie's more aghast you have takes a look now a closer look at the souring relations between the us and the new and the latest move by brussels. no arguing with it america and europe had something special a relationship unlike any other they did everything together condemned rogue regimes slapped naughty countries with sanctions even they wanted to get we have a very strong relationship with our friends and partners our friends in the u.s. administration we have a really great relationship blow through and allies and this is this very special relationship this is us almost too good to be true and it seems it was money trumps all now that america has unilaterally pulled out of the nuclear deal with iran it could start sanctionin

sanctions on iran it is also and it also instructed the european investment bank to facilitate e.u. investment in iran. now takes a closer look at how e.u. u.s. relations are going further south. no arguing with it america and europe had something special a relationship unlike any other they did everything together condemned rogue regimes slapped naughty countries with sanctions even they wanted to get we have a very strong relationship with our friends and partners our friends in the u.s. administration we have a really great relationship blow through and life and this is this very special relationship this is us almost too good to be true and it seems it was money trumps all now that america has unilaterally pulled out of the nuclear deal with iran it could start sanctioning european states companies that haven't the to do business with iran e.u. leaders merkel mckown others tried to change trump's mind with love. i. i. think you. i accept love has nothing on money europeans of facing american sanctions that's not very nice is it not something friends would do looking at the lates

action as it's instructed the european investment bank to facilitate investment in or around the european union is committed to mitigating the impact of u.s. sanctions on european businesses and taking steps to maintain the growth of trade and economic relations between the e.u. and iran that began when sanctions were lifted. artie's and i guess the takes a closer look now at this hour in relations between the u.s. and e.u. and also the latest move by brussels. no arguing with it america and europe had something special a relationship unlike any other they did everything together condemned rogue regimes slapped naughty countries with sanctions they even wanted to get we have a very strong relationship with our friends and partners our friends and i said ministration we have a really great relationship low threatens life and this is this very special relationship this is almost too good to be true and it seems it was money trumps all now that america has unilaterally pulled out of the nuclear deal with iran it could start sanctioning european states companies that haven't the to do busines

actions as it has instructed the european investment bank to facilitate e.u. investment in iran the european union is committed to mitigating the impact of u.s. sanctions on european businesses and taking steps to maintain the growth of trade and economic relations between the e.u. and iran that began when sanctions were lifted i guess the of takes a closer look now at the souring relations between the us and e.u. and the latest move by brussels. no arguing with it america and europe had something special a relationship unlike any other they did everything together condemned rogue regimes slapped naughty countries with sanctions even they wanted to get we have a very strong relationship with our friends and partners our friends and us administration we have a really great relationship close friends life and this is this very special relationship this is us almost too good to be true and it seems it was money trumps all now that america has unilaterally pulled out of the nuclear deal with iran it could start sanctioning european states companies that haven't the

sanctions as it has instructed the european investment bank to facilitate e.u. investment and around the european union is committed to mitigating the impact of u.s. sanctions on european businesses and taking steps to maintain the growth of trade and economic relations between the e.u. and iran that began when sanctions were lifted and he's going to get their takes a closer look at the souring relations between the us and e.u. and the latest move by brussels. no arguing with it america and europe had something special a relationship unlike any other they did everything together condemned rogue regimes slapped naughty countries with sanctions even they wanted to get we have a very strong relationship with our friends and partners our friends in the u.s. administration we have a really great relationship close friends life and this is this very special relationship this is us almost too good to be true and it seems it was money trumps all now that america has unilaterally pulled out of the nuclear deal with iran it could start sanctioning european states companies

european commission is also allowing the european investment bank to support e.u. investment in iran and encouraging member states to explore the possibility of one off bank transfers to the central bank of iran. the european union is committed to mitigating the impact of u.s. sanctions on european businesses and taking steps to maintain the growth of trade and economic relations between the e.u. and iran that began when sanctions were lifted. ok we can now go back to that press conference being held by the russian ambassador to the u.k. alexander bank he's talking about. discharged from hospital yes. we have another case this is the murder of mr gould. he was murdered on the twelfth of march and unfortunately we don't have any access to the investigation we don't have any information after several requests numerous requests to the foreign office we were sent to scotland yard. a person to roll several littlest discordant here out there of this court and here unfortunately we didn't get any additional information that. we can use for cooperation with britain so almos

recognizing decisions against companies because of these sanctions and it will open up the european investment bank but german officials have already admitted they can't protect european companies this is an outdated measure they don't know how to update it the russian duma is actually dealing with a nearly identical provision to forbid russian companies from recognizing sanctions against russia and they're not having much luck with that either but these are the european companies that already announced that they're pulling out of iran toto all the french energy giant mayor tankers the danish shipping giant alliance the german insurance company danieli the italian steel manufacturer and china and russia i just think you very much because i did exactly what i did just that bit and soup up that we're going to give you for the break there are plenty of players will that will fill the breach here and this is why sanctions are is a sections are a blunt weapon yes it will not achieve policy objectives go ahead of basically it's one there and you know these sanctions are a bomb around. i agree with mark t

sanctions on iran it is also instructed the european investment bank to facilitate investment in iran. takes a closer look now at how e.u. u.s. relations straining. no arguing with it america and europe had something special a relationship unlike any other they did everything together condemned rogue regimes slapped naughty countries with sanctions even they wanted to get we have a very strong relationship with our friends and partners our friends in the u.s. administration we have a really great relationship low threatens life and this is this very special relationship this is us almost too good to be true and it seems it was money trumps all now that america has unilaterally pulled out of the nuclear deal with iran it could start sanctioning european states companies that haven't the to do business with iran e.u. leaders merkel mckown others tried to change trump's mind with love. i. think you. except love has nothing on money europeans and facing american sanctions that's not very nice is it not something friends would do looking at the latest decisions of president. bush that. eur

sanctions also the european commission is allowing the european investment bank to support investment in iran and encouraging member states to explore the possibility of one off bank transfers to the central bank of iran. european union is committed to mitigating the impact of u.s. sanctions on european businesses and taking steps to maintain the growth of trade and economic relations between the e.u. and iran that began when sanctions were lifted. and the blocking statute was created more than two decades ago but has never actually been applied before the decision was taken after several major companies announced they would be cutting ties with terror ron amid the threat of punishment from washington. well professor mohammad marandi politics professor at the university of tehran joining us here on r.t. international good to see you today do you think e.u. companies working with iran feel sufficiently reassured by this blocking statute or do you expect them to just drop their contracts with iran and run. i think this is an important first step but it is a small step and i don't think

sanctions on iran it has also instructed the european investment bank to facilitate you investment in iran. that takes a closer look at how e.u. u.s. relations are sorry. no arguing with it america and europe had something special a relationship unlike any other they did everything together condemned rogue regimes slapped naughty countries with sanctions even they wanted to get we have a very strong relationship with our friends and partners our friends in the u.s. administration we have a really great relationship blow through and life and this is this very special relationship this is us almost too good to be true and it seems it was money trumps all now that america has unilaterally pulled out of the nuclear deal with iran it could start sanctioning european states companies that haven't the to do business with iran e.u. leaders merkel mckown others tried to change trump's mind with love. i. think you. except love has nothing on money europeans of facing american sanctions that's not very nice is it not something friends would do looking at the latest decisions of president. someon

actions as it has instructed the european investment bank to facilitate e.u. investment in iran the european union is committed to mitigating the impact of u.s. sanctions on european businesses and taking steps to maintain the growth of trade and economic relations between the e.u. and iran that began when sanctions were lifted. what is my guess their takes a closer look at the souring relations between the us and e.u. and the latest move by brussels. no arguing with it america and europe had something special a relationship unlike any other they did everything together condemned rogue regimes slapped naughty countries with sanctions even they wanted to get we have a very strong relationship with our friends and partners our friends in the u.s. administration we have a really great relationship low threatens life and this is this very special relationship this is us almost too good to be true and it seems it was money trumps all now that america has unilaterally pulled out of the nuclear deal with iran it could start sanctioning european states companies that h

sanctions on iran there's also instructed the european investment bank to facilitate the e.u. investment in iran now the new us sanctions on iran could mean huge financial losses for a number of large european companies which signed contracts with their. after the nuclear deal was struck and twenty fifteen and the economic embargo on the country was lifted now saeed mohammad marandi thinks america's a withdrawal from the deal shows a lack of respect for its allies the american sanctions are very broad. and very threatening and it is interesting that the united states. zero respect for its own allies even european countries who have always stuck with the united states in the united states is threatening them with sanctions so not only have the united states the europeans in the face after tearing up the nuclear agreement but now they are threatening these very same country with the british the french and the germans along with everyone else with punishment they do not buy american demands i think this is a very important moment in international relations. russia has issued a dip

recognizing decisions against companies because of these sanctions and it will open up the european investment bank but german officials have already admitted they can't protect european companies this is an outdated measure they don't know how to update it the russian duma is actually dealing with a nearly identical provision to forbid russian companies from recognizing sanctions against russia and they're not having much luck with that either but these are the european companies that already announced that they're pulling out of iran toto all the french energy giant may or tankers the danish shipping giant alliance the german insurance company danieli the italian steel manufacturer and china and russia i just think you very much because i didn't exactly what i would. have been and swoop up they're going to give everybody the break there are plenty of players will that will fill the breach here only this is why sanctions. are a blunt weapon yes it will not achieve policy objectives go ahead of basically it's a bomb there and you know these things are a bomb around. with mark that one thousand nine

recognizing decisions against companies because of these sanctions and it will open up the european investment bank but german officials have already admitted they can't protect european companies this is an outdated measure they don't know how to update it the russian duma is actually dealing with a nearly identical provision to forbid russian companies from recognizing sanctions against russia and they're not having much luck with that either but these are the european companies that already announced that they're pulling out of iran toto all the french energy giant may or tankers the danish shipping giant alliance the german insurance company danieli the italian steel manufacturer and china and russia are jumping to a very bad because that is exactly what i did just that bit and swoop up they're going to give everybody the break there are plenty of players who will that will fill the breach here this is why sanctions are. a blunt weapon yes it will not achieve policy objectives go ahead of basically it's a bomb there and you know these things are a bomb around. with mark that the six measure is

sanctions on iran brussels is also instructed the european investment bank to facilitate e.u. investment in iran well the new he u.s. sanctions on iran could result in huge financial losses for a number of major european companies which were quick to sign contracts with the rand after the nuclear deal was struck in twenty fifteen and the economic embargo on taran was then lifted so mohammed it ran three things america's withdrawal from the accord shows a lack of respect for its allies. the american factions are very broad expensive and very threatening and it is interesting that the united states has shown zero respect for its own allies even european countries who have always stuck with the united states in the past correcting them with sanctions. slapped the europeans in the face after tearing up the nuclear agreement but now they are threatening these very same countries the british the french and the germans along with everyone else with punishment if they do not live by american demands i think this is a very important moment in international relations. now a bridge linkin

relations continue selling petroleum products and one idea of the europeans is that the european investment bank which has a lot of money at its hands could provide credits to small and medium sized enterprises to continue trading with iran as something that huge they said they can't promise that they can't make any guarantees but something they intend to reach within during talks within the next couple of weeks let's take a listen to a little bit more from that every good margarita what she had to say today after meeting with the iranian foreign minister. we together regretted the withdrawal of the united states from the iran nuclear deal and we difficult eyes that the lifting of sanctions and that another station of trade and economic relations with iran constitute essential parts of the agreement and we stressed the commitments we all share to ensure that this would continue to be delivered and we agreed to this and to deepen our dialogue at all levels ok you know we're this is a way in which we've heard before we're. iran in this doesn't appear that it's willing to give an inch i mean we've

recognizing decisions against companies because of these sanctions and it will open up the european investment bank but german officials have already admitted they can't protect european companies this is an outdated measure they don't know.

actions as it has instructed the european investment bank to facilitate even vestment in iran. the european union is committed to mitigating the impact of u.s. sanctions on european businesses and taking steps to maintain the growth of trade and economic relations between the e.u. and iran that began when sanctions were lifted but is more aghast you have takes a closer look now at the siring relations between the us and e.u. and the latest move by brussels. no arguing with it america and europe had something special a relationship unlike any other they did everything together condemned rogue regimes slapped naughty countries with sanctions even they wanted to get.

sanctions also the european commission is allowing the european investment bank to support you investment in iran and encouraging member states to explore the possibility of one off bank transfers to the central bank of iran the european union is committed to mitigating the impact of u.s. sanctions on european businesses and taking steps to maintain the growth of trade and economic relations between the e.u. and iran that began when sanctions were lifted. or the blocking statute was created more than two decades ago but never has been applied for but has never been applied before the decision was taken after several major companies announce that because thing ties with iran amid the threat of punishment from washington. no arguing with it america and europe had something special a relationship unlike any other they did everything together condemned rogue regimes slapped naughty countries with sanctions even they wanted to get we have a very strong relationship with our friends and partners our friends in the u.s. administration we have a really great relationship close friends life and th

the european investment bank is ready to help they could give loans to companies and not pulling out of iran this would be the first time this is happening so far the he has never been active in iran and talking about loans and currency was also interesting that iran seems also now to look for ways to do business more in the euro currency not any more where the dollar every dollar transaction could get very difficult in the future when those sanctions are really implement and it looks like the trade landscape with iran is shifting then daniel cope in frankfurt thank you very much for that. and the u.s. has set the countdown ticking on un nother deal nafta the deadline for renegotiating the north american free trade agreement ends today a last minute clinching of a deal is unlikely as there are still huge differences to be overcome but there are mixed messages as to what should happen next. mexican car factories are the main bone of contention they manufacture cars using low cost labor and export tariff free to the us where they're sold at high prices the same applies to other goods a

i read i think in your own paper you put out for european leadership networks that the european investment bank, for example, might be able to extend guarantees. there are other banks that have heavy government involvement in their credit agencies and so on. or did not pick up some of the slack? >> thank you for reading my paper, i'm glad somebody did. >> that's why you are here. >> there are two points to question but let's start with the european investment bank. they're going through a long process at the moment in which they gradually are moving iran to the list of countries where the eid could operate. so that's a process that is ongoing it will take another few months. once that is done though it is time for european negotiators to throw up a framework agreement with their counterparts in iran. this is likely to be a pretty drawn out, complicated process. the real significance of that right now rather than tactical i think is political. it's showing a commitment from the eu particularly to the private sector but also to iran that we are continuing business with iran. that's the first thin

companies as well as working together with european investment banks and compensation and we do that legally to express our condolences to the companies which are suffering because that would create a very foreign commercial site and say that a much bigger company that you can float is an example there present here and this there is not only the problem of the sanctions that they may fall under because they work in iran all in iran but with a problem of their own presence in the american market and so i will definitely tell you that quite clearly. i believe that francois and europe are active and it's actually territorial changes because in the recent years we already saw it because of what i've been doing the past congress to put in is very much right because it's impossible to have any call for ration if there is no if you know we've got mutual trust me so we're trying to protect what we're kind of trying to do but i cannot protect the french companies. often. traded in the american exchanges in case americans are making decisions in a spot as the iranian sanctions i can sign and d

in parts of the investment bank that are capital intensive is probably one of the most likely areas you could imagine pressure to shrink the investment bank as we've seen so many european investment banks do in the light of global regulatory pressure that have made a lot of activities, particularly in the fixed income space that barclays excels in, more capital intensive. if you shrink back those activities you make it a much more slimmed down corporate and investment bank type of operation there to service the corporate bank, then you potentially release a lot of capital. barclays is reasonably well capitalized these days so i think that's where an activist might see the scope m&a, i suspect that's not on the agenda of the activist but it may be a 3/4 titactic that the would like to pursue. >>> we are just getting started on "worldwide exchange." up next, a sin city strike tens of thousands of vegas casino workers voting to walk off the job. details ahead. >>> from sin city to the city of love, mark zuckerberg taking a stroll through paris ahead of a big meeting with the french president, emanuel macron. zuck posted this selfie on instagram last night a big deal there

banks failing to keep pace with what is happening on wall street and other top european investment bankserz pressure, though first-quarter boostedose nearly 7%, by president trump's changes to corporate taxes and restructuring charges. theceo made clear that company's main priority is not m&a right now. operating margins and operating income. guy: anne-marie, interesting stocks to watch out for. has the dollar got legs? >> yes, i think so. it has been painful being a for all of -- bull 2017, but there are a lot of things going on in fx and central-bank policy. a lot of things going on geopolitically, but many of the stories and narratives attached to euro strengthened dollar shownss really are being to be somewhat lacking in terms of ongoing drivers. guy: german data out this morning doesn't look great. relative to others, it looks ok but my question is, what we're seeing in the european data a blip or something more sustainable? u.s., therek and was a weather impact and it would be difficult to believe that has not had any impact on the eurozone. it is not so much at q1 and extrapolatin

its subsidiary propound and other european development banks back to fund worth forty five million euro's it'd turn invested two million euros in the nairobi base business european foods africa. development banks such as profile coke were originally set up to fight hunger and poverty but in this case state development funds mix with private capital and of being invested with a focus on financial returns. the kenyan company european foods africa sells ready made pizzas made by the german firm dr and imported from germany the business modern cold storage rooms with the money from the fund the company owner is a german who lives in nairobi six years ago stefan had the idea of selling frozen pizzas from germany in kenya. because as you can contain normally arrive here in a container each container holds roughly twelve thousand pieces we store several different types here and deliver them to supermarkets and grosses. me out of supermax a good reason then to expand the company we now have to find more locations so we can supply more i was leaving when i was there for. the investor expects stefan belzer to expand

in your own paper that you put out for european leadership networks, the european investment bank, for example, might be able to extend guarantees. there are other banks that have heavy government involvement and credit agencies in such. could they not pick up some of the stock? >> thank you for reading my paper, first of all. i'm glad somebody did. >> that is why you are here. [laughter] >> there are two points to your question. they are going through a long process at the moment, gradually moving iran to the list of countries where the eib could operate. that is a process that is ongoing. it will take another few months. once that is done, it is time for european negotiators to throw up a framework agreement with their counterparts in iran. this is likely to be a drawnout, complicated process. the real significance of that right now rather than technical is political. it is showing a. in a you to the private sector but also to iran that we are continuing business with iran. that's the first thing. the other thing is setting up protected credit lines. we have seen a few of these initi

the reality is the bank is in what itnstrained is trying to be, which is a large european investment bankjuggling that desire to become a leader firm but also within the constraints that he has on the top line. david: thank you so much. the united states, president trump is expected to sign into law, the comprehensive banking bill. we welcome now alison williams, bloomberg intelligence's senior analyst and neil barofsky. i want to start with alison. we have a full-screen summarizing what is coming out of this law, increasing that threshold, reducing the number of banks facing the tougher tests. smaller banks get relief from voelker -- from volcker. alison: it is important for these smaller banks and if you think about the spirit of the changes, it is a sickly, let's focus their elected -- the regulation on the biggest banks that pose the biggest risk to the system and that is the focus. rolesk regulators, the are sort of aligned with that. if you think about the negative andcts of the regulations it has been especially big for the smallest banks that do not have the big base to leverage t

matt: will we see european banks fight back and try to make it in investment banking or is it go big home? are they done and the u.s. will own the space? joo-yung: it will be harder for them to achieve the scale their u.s. peers have achieved over the last few years. to be theanks tend most dominant in that space and i would say that the european banks are quite dominant in the lending markets here and there has been more of the retrenchment to home markets. we have seen that trend and the u.s. have taken advantage, so now it is a situation where with the capital requirements and the changes in regulation, it is har der to be a loss leader and gain sacrificing without some capital or losses. i think those days are gone. i think the u.s. banks have the advandage for now. guy: given what has happened and the lead the u.s. has, what happens next? senioralk to management at u.s. banks, they will to you they are investing in technology heavily. they are almost using their strength at the moment to put some of that back into the they areand make sure migrating to technology companies almos

with the europeans the europeans have to come up with mechanisms to protect european companies in european banks that want to invest in new trade with iran and an escalation of violence at syria's border seems linked to the u.s. pullout from the nuclear deal well i think the israelis are trying really hard to completely kill off the deal by rising tensions in the region they're essentially going to me. it even very difficult for iran to even work with the europeans and i think ultimately what they're trying to do is to put you on the confrontational path with the west and i mean that's the reason why they were against the deal from the beginning of the. iranian leaders know the nuclear deal is on borrowed time and there is mounting public pressure at home as well as deep internal divisions among the rance political heavyweights all this could mean that an international agreement for years in the making not something that represented a hard one to play magic victory for iran is now beyond repair hardliners in iran have been emboldened by the events of the last few days and the moderates the government of president h