and the european union commission i think we can change mr trump however i think it will be good that the european union follows a strategy of taking the wind off the sates of mr trump and he has a problem because i think it would be wise for the ukraine union to cut its ten percent cut tariffs to lower two percent of the united states and to increase their defense spending to the two percent which the countries of the you of your past have any way promised but you know that you can do it does not have a clear strategy because of southern european countries out afraid of cutting tariffs because of the are. no right what you already mentioned that the e.u. made the tactics of the e.u. in those trade talks may not have been an ideal one but now washington talking directly to two companies to calm a cuz no brussels said that's a no go you mustn't do that and those talks yesterday did they strengthen the weaken the e.u.'s position well as i said i'm against this present individual firms however in terms of forecasting i have to admit that the result the myth of promise to invest more in t

and the european union commission i think we can change mr trump however i think it will be good that the european union follows a strategy of taking the wind off the sales of mr trump and here is a problem because i think it would be wise for the european union to cut its ten percent cut tariffs to lower two percent of the united states and to increase their defense spending to the two percent which the countries of the you of your past have any way promised but you know that you can do it does not have a clear strategy because of southern european countries out of trade off cutting tariffs because of the aquaculture sector don't write what you already mentioned that the e.u. made the tactics of the e.u. in those trade talks may not have been an ideal one but now washington talking directly to two companies to calm a cuz no brussels said that's a no go you must do that and those talks yesterday did they strengthen or weaken the u.s. position. well as i said i'm against this present individual farms however in terms of forecasting i have to admit that the result the myth the promise t

and the european union commission i think we can change mr trump however i think it will be good that the european union follows a strategy of taking the wind off the sales of mr trump and here is a problem because i think it will be wise for the european union to cut its ten percent cut tariffs to lower two percent of the united states and to increase their defense spending to the two percent which the countries of the you of your past have anyway promised but you know the opinion does not have a clear strategy because of southern european countries our freight of cutting tariffs because of the our crewcuts are such. comments back chief economist speaking to us and the donald trump is not the only world leader interested in strengthening his domestic kamarck it his chinese counterpart president xi jinping also prefers vehicles made in his country setting the direction for a major change in chinese condiment an old brand is getting a new lease on life. back in the driver's seat this age old chinese brand is offering new models with a distinct retro touch but don't let the analog clock

. >> can i say, indeed, a very message that comes back from the european union, commission and e.u. leaders, is deal.they do want a we've negotiated this deal. here are further assurances working to achieve, and it's been made clear by the president nd others, that those further discussions can indeed take place. -- roberts. >> the prime minister knows, no better deal will be found in no majority will be found in westminster. she also knows no deal is disastrous. a vote because she knew her deal would fail to get the support it needed. the same logic again. will she confirm that she holds extension o seek an for article 50? well, is, of course -- first of all, the government holds the power to seek an for article 50. any extension of article 50 would have to be agreed with the european union. but i have been clear, i've been clear that what i believe is the cause of action, having triggered article 50, having undertaken the negotiations, is we leave the european union on the timetable that we've already set out. nicki morgan. >> thank you very much, indeed, mr. speaker. the prime mi

now with just one hundred days to go before britain is set to leave the european union the european commission has revealed its plans to deal with a no deal brics that they outlined measures aimed to avoid disruption in key sectors like air traffic and financial trading british citizens residency rights would also be protected but new restrictions on trade and travel would come into force among the british trucks would lose rights to carry goods into the e.u. and british people traveling with pets would face a border checks. now with time running out on a settled exit of britain out of the e.u. the rift between brussels and london appears to be deepening let's get more details now from our brussels correspondent might just say the e.u. commission has come out with its no deal doomsday plan and it doesn't make for comforting reading. it does not at all and you mention people traveling with paths another thing that is on that list is for instance that goods on trucks will be allowed to enter the european union for another nine months after a no deal brax it but really the most interesting detail

by the end of the year the head of the european union's monitoring commission says the runoff vote has passed peacefully. to secure i've just come from two large the two teams to represent the candidates there told us we are ready to accept the other side's victory so was a pretty good atmosphere south african police have issued an arrest warrant for zimbabwe's former first lady grace mcgarvey for assaulting a model with an electrical cord the wife of former president robert mugabe is accused of attacking a woman and to tell her. she suffered a serious head injury or gabi has previously claimed she was acting in self-defense police say the warrant was issued last thursday or despite no longer being first lady grace mugabe is still protected by zimbabwe was her explains her options could be limited the government spokesperson here in zimbabwe said that we have not received any written communication from south africa when we do the government will consider it according to the laws of zimbabwe what we know is our grace mugabi is in the body right now she was in singapore where she was get

the head of the european union's monitoring commission says the vote has passed peacefully. busy i've just come from two lives the two teams to represent the candidates there told us we are ready to accept the other side's victory so it's a pretty good atmosphere the world food program has announced severe service cuts affecting palestinians in gaza and the occupied west bank food assistance to one hundred ninety thousand people will be reduced or suspended from the start of january the u.n. agency is blaming funding cuts having lost forty percent of its u.s. funding when president donald trump slashed they'd two humanitarian agencies working in the occupied territories it says it needs another fifty seven million dollars to continue its work next year this decision is extremely difficult to make the people that we do reach the most vulnerable across palestine and we appreciate that we're going to put further anxiety in these families we're going to make them more desperate to be at peace doing everything it can to try and find extra funding to meet that gap. explosions have

head of the european union's monitoring commission says the elections have been carried out peacefully. i've just come from two lawyers the two teams to represent the candidates there told us we are ready to accept the other side's victory so it's a pretty good atmosphere i want the world's biggest stock market flotations in japan has flopped the. share price of softbank fell almost fifteen percent in japan as the telecoms company made his debut on the tokyo stock exchange softbank hope to raise twenty four billion dollars but investors were not impressed analysts are blaming the disappointing start on recent network glitches and links with china's telecoms company. university. says investors are questioning soft banks growth strategy. i would be a little sympathetic considering the fact the market itself environment had been very bad as you seen in the united states in japan following that i mean nikkei has reached his nine month low and december alone the market has dropped by six percent and that sense it was a very very weak environment to start out with i think one real big worry

and the european union commission i think we can change mr trump however i think it will be good thatthe european union follows a strategy of taking the wind off the sates of mr trump and here is a problem because i think it would be wise for the european union to cut its ten percent cut tariffs to lower two percent of the united states and to increase their defense spending to the two percent which the countries of the you of your past have any way of promised but you know that you can have a clear strategy because the southern european countries how afraid of cutting tariffs because of the. commencements chief economist speaking there donald trump is not the only world leader interested in strengthening his domestic car market his chinese counterpart president g g m p also prefers vehicles made in his country setting the direction for a major change in chinese car demand and an old brand is getting a new lease on the us. back in the driver's seat this age old chinese brand is offering new models with a distinct retro touch but don't let the analog clock fool you under the hood of ho

you don't know whether the cry of the left today the european union the european commission announced that it's starting to prepare for a new deal brags that we know that that's the same case for the u.k. government talk us through what leaders fear could happen in a hundred days from now. the e.u. preparations are practical measures and the e.u. emphasizes these are unilateral directives that are being made by brussels and they can be taken back at any times and they are as they are sort of set up to ease the worst for instance the trucks british trucks are still supposed to roll in europe and they get sort of like an extension of their permits because otherwise if the e.u. wouldn't do that there would no not be any bridge trucks anymore in european roads they would have to stop at the borders because they don't have any permits anymore it's stuff like that that is one of the big issues for instance because otherwise the british exports would completely start a stop on day one on march thirtieth another issue is for instance the financial markets passport being ns that has been repea

is time to focus to the commission is trying to prevent a disorderly exit from the european union from happening if. it's what it takes two to tango but it's. also coming up tonight doesn't have to be britain swansong in europe a boy is serenading the british with a ballot is entitled britain come back. a we begin the day with one hundred days until bragg says the biggest economic and political divorce in modern history britain's exit from the european union is scheduled to begin on march twenty ninth of next year that is the plan but for both the u.k. and the european union breaks it is looking much more like a crash off a cliff than just a parting of ways the u.k. parliament hasn't even voted on the brics a deal and yet in parliament today all makers debated the country's immigration policy post brecht's it and in brussels leaders have announced preparations for the worst a break sit with no deal a nightmare scenario that in just one hundred days could be the reality britain and europe wake up to. the clock is ticking down to bragg says it's still unclear exactly how the u.k. plans t

and the european union commission i think we can change mr trump however i think it will be good the uropean union follows a strategy of taking the wind off the sates of mr truong and here is a problem because i think it would be wise for the european union to cut its ten percent card tariffs to lower two percent of the united states and to increase their defense spending to the two percent which the countries of the you of your past have any way promised but you know that you can you have to clear strategy because of southern european countries our freight of cutting tariffs because of. comments by chief economist europe's trying to enter the u.s. military market the plane maker has announced a partnership with the u.s. lockheed martin in an attempt to supply the us air force with refueling planes if successful it would mean tens of billions of euros in business both companies american aerospace giant boeing currently maintains the. deal marks the first time as us has attempted to crack the u.s. military market since its failed. two thousand and twelve. you're watching t.v. news live

coming from westminster against europe, against the european commission will not be responded in the same way by the european commission or the european union and off the stage the message from the eu is clear — they promise they'll do a trade deal as quickly as possible, so the backstop's never needed, but that cannot mean changing what's already been agreed. we will not renegotiate it and we do not want to re—open it, but theresa is, of course, a tough negotiator and there is a lot of understanding also for what uk wants. but i think we have to find a way to deal with each other, i think that the current deal is a good one for both sides. and hearing what's been said in brussels back in westminster, that just won't wash with mps who are demanding new legal guarantees. to coin a phrase, it was a bit nebulous! she hasn't provided any new guarantees at all about the withdrawal agreement, or specifically the backstop. so, she's been to the european council, she's expressed her concerns and they have given her absolutely nothing. we know the answer to the question whether there's going to be changes and it's no. what we need is for the vote to

financial services would be recognised in a limited number of areas as equivalent to the european union's. and the commissionnerous approach to the rights of uk citizens in the eu, as long as the uk does the same. 0ur berlin correspondentjenny hill reports on how a no—deal brexit might affect germany. in the festive capitals of europe, goodwill is in short supply. this the season to prepare for the worst. germany's small businesses uncertain how to prepare for no—deal, when your british customers bring in 10,000 euros a month and expect delivery within two days of order. translation: we are not prepared. many businesses are not prepared. we have to do everything ourselves. we need information, to be actively briefed. instead, i fear the government is waiting and hoping for a soft brexit. britain's last—minute diplomacy dash yielded warm words but no concessions. angela merkel remains optimistic that the brexit deal will succeed, but she is now also making plans in case it doesn't. i believe germany's woefully unprepared. the government still says that it believes in the deal being ratified in the house of co

the head of the european union's monitoring commission says the elections have been carried out peacefully. tuesday i've just come from two lines the two teams to represent the candidates there told us we are ready to accept the other side's victory so it's a pretty good atmosphere. i formerly is a consulting fellow at chatham house and covers madagascar he joins us now from london thanks for being with us so putting aside at the personalities what what is that these of these two men here what is the choice facing and madagascan what each of them stand for well in ideological terms they're pretty similar they both came from a business background before going into politics both as mayors of the capital city and on the river. before later jumping up to the top of the state but there's a big difference rather low manana during his seven years in power before he was forced out did actually pursue a fairly coherent economic policy and really quite effective development program he seriously try to address some of the problems of rural under development in a country that's one of the poorest in t

european union. by the european commission. bureaucrats in the strategic advance have their place. so, thank you. >> thank you very much. we're expecting nothing less. >> and a fortunate position of the last virtually everything that needs to be said has been said. i will offer a few moyne -- main points in some small additional open site. first of all, to frame the issue it goes back to us the less said. the kremlin is pursuing a revisionist, certainly at the end of the cold war but even at the end of world war ii. concepts like salvatori and territorial integrity in moscow's mind does not apply to its neighbors or in a country which has a sizable number of ethnic russians or for that matter russian speakers. the way to understand the stakes of what's happening in eastern ukraine as if moscow succeeds in upending the territorial integrity of ukraine, the chance of moscow provoking the baltic states goes up because 25% of the population is estonia, latvia and my russian speakers beyond that. make sure moscow gets bogged down until it decides to leave. if you look at the crisis happ

rival manana was forced from power by protests led by roger lena the head of the european union's monitoring commission says the elections have been carried out peacefully. tuesday i've just come from two law the two teams to represent the candidates there told us we are ready to accept the other side's victory so it's a pretty good atmosphere the european commission says it's not to promote preparations for a no deal breaks it in the case of the u.k. crashing out of the e.u. without a plan this includes measures to limits disruption in key areas including finance and transport british prime minister theresa may has told m.p.'s that negotiations with the e.u. is still going on but the u.k. has set aside two and a half billion dollars in funding to government david departments to prepare for any fallout from a so-called no deal breakers are following developments for us from london. well in parliament on wednesday jeremy corbyn the leader of the labor opposition accuse prime minister to resign me of being reckless in announcing these new measures for speeding up preparations for no deal breaks it come t

voting but they have agreed to accept the result of the final well the head of the european union's monitoring commission says the run of vote has passed peacefully. i've just come from two lives the two teams to represent the candidates there told us we are ready to accept the other side's victory so it's a pretty good atmosphere south african police have issued an arrest warrant for zimbabwe's former first lady grace mugabe for assaulting a model with an electrical cord the wife of former president robert mugabe is accused of attacking the woman in a johannesburg hotel room last august gabrielle angle says she suffered a serious head injury mugabe has previously claimed that she was acting in self-defense police say the warrant was issued last those that well this fight no longer being first lady grace mugabe is still protected by zimbabwe but it's harder with explains her options could be limited. the government spokesperson here in zimbabwe said that we have not received any written communication from south africa when we do the government will consider it according to the laws of zimbabwe what we kn

coming from westminster against europe, against the european commission will not be responded in the same way by the european commission or the european unione to do it! on and off the stage the message from the eu is clear — they promise they will do a trade deal as quickly as possible, so the backstop‘s never needed, but that cannot mean changing what's already been agreed. we will not renegotiate it and we do not want to re—open it, but theresa is of course a tough negotiator and there is a lot of understanding also for what uk wants. but i think we have to find a way to deal with each other, i think that the current deal is a good one for both sides. and hearing what's been said in brussels back in westminster, thatjust won't wash with mps who are demanding new legal guarantees. to coin a phrase, it was a bit nebulous! she hasn't provided any new guarantees at all about the withdrawal agreement, or specifically the backstop. so, she has been to the european council, she has expressed her concerns and they have given her absolutely nothing. we know the answer to the question whether there's going to be changes and it's no. what we need i

is not about some kind of trade as you questions of trade are dealt with by the european commission on behalf of the union and its member states. but the german carmakers are also major employers in the united states. as search there's good reason for them to be discussing things with the american administration like which investments and what kind of future german car makers see for themselves as american employers. however they're also unlikely to stand idly by while the trump administration batters their profit margins after all they export cars and components to the u.s. with a total of almost thirty billion dollars. and i want to get more on this now with our correspondent in new york yen stillman call make his dashing over to washington what's their strategy and what are the developments. well i mean the strategy of the carmakers is to convince the u.s. government how important they are for the u.s. economy for the american labor market and they've tried to avoid tariffs in the amount of twenty five per cent so after the meeting the executives of the german carmakers sounded quite optimistic and bea

. >> europe is dead because of euro political i cans, the european union and this commission buildingtract for the immigration. that means that the european people will be dead. in our home. we want our home back. >> reporter: for some, it has aggravated a deep seated hatred towards ethnic groups. >> we want all the black [ bleep ] out of the country. all arab, all islam out. >> reporter: as these far-right groups see restricting migration as a means to preserve their way of life. >> it's not only for us, it's for the people. we need to work until we are 67 years old. it's not normal. and they turn the money for the immigrants who will not serve our country. >> reporter: atika shubert, cnn, berlin. >> protests also breaking out in hungary's capital. take a look. cnn budapest, thousands of people taking to the streets. some clashing with riot police who fired tear gas. the demonstrators were angry over what they call a slave law, a slave law they say which would let employers ask workers to do 400 hours of overtime a year up to 250. >>> from enemies to friends, the friends to enemies,

entire process of leaving the european union and it's that utter lack of clarity from the british parliament side that led john claud younger there to the european commission to use the word nebulous or cloudy to describe parliament's thinking because i think frankly the european union is now absolutely fed up of the u.k. going back to all the time and saying you need to give us more when actually it's up to parliament now to decide what it wants to do but parliament simply can't make its own you know i'm basing the you can sit basically and say exactly what may contrive to do in the british parliament but it looks like deadlock. yeah and the thing is from the european union side it isn't as though brics it's the only thing that they've got to worry about you know fronts clearly is in a big mess at the moment italy and budget is a massive problem the way the hunger in government is behaving is very into democratic to the european union and they're very worried about that they've got the european elections next may in the rise of the populists all of the continent to to preoccupy them as well and i just think they want the u.k. to get on with it and i think

success may be apparently in seeking reassurances from the european union over the dreaded backstop well not helped by the european commission president who said earlier that no renegotiation of the deal was possible while meanwhile in parliament an emergency debate is taking place in the opposition labor party complaining that the government circumvented procedure disrespecting parliament in pulling that vote without consulting parliament itself well to reason may of course not here to see or hear that debate she's off on her mini tour of europe looking for support among erstwhile allies like the dutch like the germans hoping they will come to her aid and help give her a form of words that will win over doubting m.p.'s when she brings the deal back for a vote we're now told by january the twenty first well that support if it's to be found in a us in the e.u. is sorely lacking here in britain many people in wider and wider circle say she's a prime minister who has lost all credibility and all authority and while she is away expect backroom behind the scenes dealings to go on possibly a leadership challenge launched within he

european union. the european councilmember states couldn't have done it without the staff or the european commission. bureaucrats serve as strategic advance have their place, so thank you. so i thank you very much. we were expecting no less. ambassador vershbow. >> i have the fortune of being the last and everything are to being said so i'll offer a few main points in some small additional i hope insights. first of all to frame this issue it goes back to what celeste said the kremlin is pursuing a revisionist policy to a bend the rules of order established since the cold war but even at the end of world war ii. concepts like sovereignty in territorial integrity. in moscow it is not brought in a country which has a sizable number of ethnic russians or for that matter russian -- the way to understand what is happening in eastern ukraine is that if moscow succeeds in up-ending the territorial integrity of ukraine the chance of moscow provoking the baltic states goes way up. it's 25% they population in estonia that are russia. the smartest and safest way to defend our baltic allies is to make sure moscow

european union. they could've done without the staff and european commission. bureaucrats in the strategic advance have their place. thank you. >> we were expecting nothing less. >> in the unfortunate position of being last, virtually everything that has needed to be said is said. i will offer a few main points and then some small additional insights. first of all to frame this issue it goes back to what celeste said, the kremlin is pursuing a revisionist policy designed to up in the rules established at the end of the cold war even at the end of world war ii. concepts like sovereignty and territorial integrity in moscow's mind does not apply to its neighbors. it is not part of any country which has a sizable number of ethnic russians or for that matter russian speakers. the way to understand the stakes of what's happening at least in the ukraine is that if moscow succeeds in upending the territorial integrity of ukraine, the chance of moscow provoking the baltic states goes way up. 25% of the population in estonia and latvia are russian and there are more russ

>> i did travel to europe to meet a number of heads of government of the commission and the european union, that is because i listened to concerns raised in this house and have taken those concerns to europe and no one i met yesterday is in any doubt about the concern on the issue of the situation of the backstops. the honorable gentlemen wants to know what progress we have made. the right honorable gentlemen's couldn't care less what i bring back to brussels. and keeping clear whatever comes back he will vote against it. all he wants to do is create chaos in the economy. [shouting] >> damage to our society and the economy. that flavor. >> jeremy corbin. >> it is clear that nothing has changed. if she needed any clarification, mister speaker, about the temporary nature of the backstop, she could have just asked about that. and when she left, when she left on her journey, about to start day 4 of a 5-day debate on the deal. since the prime minister has not achieved any changes either to withdrawal agreement or the future partnership, can she confirm we will have the concluding days of debate

is not about some kind of trade as you questions of trade are dealt with by the european commission on behalf of the union a missed member states. but the german carmakers are also major employers in the united states. as search there's good reason for them to be discussing things with the american administration like which investments and what kind of future german carmakers see for themselves the american employers are facing however they're also unlikely to stand idly by while the trump administration batters their profit margins after all they export cars and components to the u.s. with a total of almost thirty billion dollars. and earlier i spoke to our washington correspondent stephanie mans and asked him whether the hardline u.s. trade representative robert lite high is a spell difficulties for european call make it. you know he's right as you said robert is a hawk when it comes to terrorist and he's definitely not i would say definitely not advising president trump of taking that arrow out of this arsenal of possible weapons against the e.u. during the. negotiations trade negotiations with the e.u

leadners a bid to save the british deal to exit the european union but german leader angela merkel ruled out further moerkss o did the heathe european commission. thng united m is set to leave in march which could affect the global econy. >> back at home a gauge of inflation rose slightly last month. the producer price index measuring the priceusesses receive that was up 0.1% in november slowing down from october's 0.6% begin pch process and increase in the cost of services was offset by a decline in energy prices. but overall prices are up 2.5% compared to last year this time. >>> and market watchers aren'tc just wg inflation but also rising corporate debt levels. bond invtor jeff gundlach recently talk about it and jp morgan noted the economic risk due to the increase. and in an interview last night former fed chair janet yellen added her name to the list. >> corporate indebtedness is now quite high. and i think it's a danger that if there is something else that causes a downturn that high levels of corporate leverage could pro long the downturn and in to lots of bankruptcies the non-financial correspondent secretarier >> compani today carry

antake for the o the matterte is precisely to be able to discuss with other european union with free counsel and the commissionto further reassurance is required in relation to the issue so members of the house are concerned about ounotably whether or not the backstop should be used. >> i should encourage my right honorable friend to ignore the opposition. has he also heard the manufacturers concerned that leaving with no deal would cause unnecessary economic damage ands the best way to avoid it is to leave with a deal. we can indeed listen up and down the country as we were putting this deal together and that has underpinned the desire to protect people's jobs and livelihoods while delivering on the results of referendum in the deal that we have and this deal does exactly that. >> the prime minister challenged others to be upfront about what they want but she needs to be upfront that it was her red lines that created the problems that led to the backstop that's brought us to the house of commons in such amm weak positi. in answer she gave a moment ago can she tell the house whether a single member she spoke t

rest of the european union will continue over further clarification of arrangements for the northern ireland border. theresa may said she had held robust talks with the european commission president, jean—claude juncker, after he had complained the debate was ‘nebulous and imprecise‘. australia's prime minister has confirmed that his government intends to recognise westjerusalem as the capital of israel. scott morrison said the embassy would not move from tel aviv immediately, he said australia also recognised the aspirations of the palestinians to a state with a capital in east jerusalem. now on bbc news, in a moment it'll be time for newswatch. but first, here's click. the children at this north london school have invited lara and me to learn about one of the most important events in british history. it has been 100 years since the first women in the uk were able to vote in a general election. and this vr experience is attempting to demonstrate how important it is to make your voice heard. and now repeat after me, this is my voice. all: this is my voice. before the suffragettes, a woman had to know her place. make noise is an eight minute interactive animated document

. ♪ that: we just wrapped up european union press conference in brussels. the european commissionresident speaking of recently, saying he has heard an impressive variety of views from the u.k. parliament, saying theresa may is fighting hard, but we have not actually seen the results. in terms of a future relationship, our u.k. friends need to say what they want instead of asking us to stay -- to say what we want. jean-claude juncker telling reporters that in brussels. he wants the u.k. to set out their expectations and said the debate is nebulous and imprecise and he would like clarification. theresa may has gone back to the e.u. to try to get strengthening of the wording on the irish backstop order issue, but it doesn't look like she will get that to the extent that it will make it easier to push the bill for parliament in january. shery: and the sun reporting that senior tories will try to persuade the prime minister to resign by next spring. of course we just saw the prime minister surviving that confidence vote, and now e.u. leaders talking about her brexit and the president s

to exit the european union now as you were saying in your introduction that house and the european commission has been preparing plans for what might happen if there is no deal if the u.k. crashes out they will be published on the nineteenth of december next week at its heart the route of the disagreements however you want to portray it is about this irish backstop more important the northern irish backstop what can be put in place to mean the republic of ireland and northern ireland part of the united kingdom in the transitory period following an orderly brags that as it were what makes it more difficult for tourism a is that men. any of the members of parliament from northern ireland support the d p r from the do you view the democratic unionist party their leader army in foster this morning as being making statements about how yesterday evening and just reading from and she says that she finds the reaction of the e.u. un surprising she says that the question now is whether tourism a will stand up to the e.u. or cave in as previously was the case well that sort of language the strength of l

top of that, we have three major institutions in the european union undergoing personal change, being the european parliament, the european commission have lots of news to digest, lots of uncertainty to deal with. italy makes the equation, weighing it down. less a short-term relief, when there's debate on measures that would help. would it change the overall outlook for the ecb to completely amend their wording that we saw last week? not so sure. nejra: yes, and you are targeting 115 on euro-dollar by the end of next year. stefanie will stay with us. some breaking news, malaysia filing criminal charges against units of goldman sachs. just going through the headlines, malaysia charging goldman over for us statements -- false statements. just crossing the bloomberg, malaysia filing these criminal charges on goldman sachs. manus: that story has really taken a mind of its own. it's been reopened, and there's the story here in regards to lloyd blankfein's final days being clouded by this scandal. that's the title of one of the latest stories we've written there. terrifying thing. he said these are the x partners we met. this is one of th

the uk, but certainly in europe and in brussels, and that's where members of the european union, the european commissionhad decided not to call this boat? well, i am glad that the government has tried to abandon trying to push this withdrawal agreement through, because it is the wrong thing for the uk. it does not deliver on our manifesto or the referendum result. iam deliver on our manifesto or the referendum result. i am astonished they boarded before parliament. i think there are certainly questions about whether the way she has gone about whether the way she has gone about pulling it at the last minute, these are very credible whether it isa these are very credible whether it is a very credible thing to do. what she will do in brussels, i have got no idea. the problem is that the backstop that she is saying is what you want to try and and do, that is not the only thing that is wrong with the withdrawal agreement. there isa with the withdrawal agreement. there is a host of things that are very wrong with it. the ecj oversight, the extendable transition that allows russells to inject —— brussels to in

european union is entering its final stretch. finance ministers will meet to finance -- finalize plans at this month's summit, and putting the banking union. joining us from brussels is the european commissionice president. thank you for joining us. clearly, you've got a lot to talk about in terms of how far the union has come in the last 10 years and what is still left to be achieved over the last 20. do you wish you had gotten further with banking union? guest: good morning. indeed. union,e deepening of the one of the key issues and short-term is to conclude the banking union and actually, later today we have a euro group meeting where we are going to discuss it and hopefully make theress on issues, like singles fund and discussing further steps regarding european depositing insurance. matt: you know, matt miller here in berlin, we talked to a lot of banking ceo's on bloomberg television. and all of those chief executives that i talked to say consolidation is being held up by a lack of banking union progress. specifically, it's too difficult to move assets around in between european countries. how much longer will we have to wait until they start to move on their consolidation plans? all,

>> i did travel to europe yesterday and meet a number of heads of government in the commission and the european union council because i listened to concerns raised in this house and have taken those concerns to europe and nobody is in any doubt about the strength of concern there is in the house on the issue of the duration of the stop, and i know the gentleman wants to know what progress we made, because the fine gentleman could not care less what i have brought back from brussels, because all he wants to do is create chaos in our economy. [ jeering ] >> damage, division in our society, and damage to our economy. that's labor. >> it's clear, mr. speaker, nothing has changed. if she needed any clarification, mr. speaker, if she needed any clarification about the nature of the backstop, she could have just asked her attorney general who said it endures indefinitely. as the prime minister may recall, when she left -- when she left on her journey we were about to start day four of a five-day debate on the deal. since the prime minister has not achieved any changes either to withdrawal agreement or the f