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Mar 29, 2017
03/17
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former conservative party leader eurosceptic michael howard. vicki young is at westminster.e the highlights of what we joined today —— learn today? i think the letter and its tone is interesting. i think they are being very careful about the language because they are talking about a deep and special partnership, i think four orfive times, deep and special partnership, i think four or five times, that appears in the letter and the point really from the british government being that we are notjust any old third country trying to get a deal here, we are a country that has been closely cooperating and entwined with you for over 40 years. now, of course, that also means that getting out of that and unravelling it all is going to be difficult but i think one of the passages in the letter that was interesting was where theresa may said... now, what she is talking about that issue have the divorce settlement, if you like, thatis divorce settlement, if you like, that is one thing, so we might be given a bill for a certain amount of money, certain billion pounds of euros that we may h
former conservative party leader eurosceptic michael howard. vicki young is at westminster.e the highlights of what we joined today —— learn today? i think the letter and its tone is interesting. i think they are being very careful about the language because they are talking about a deep and special partnership, i think four orfive times, deep and special partnership, i think four or five times, that appears in the letter and the point really from the british government being that we are...
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Mar 25, 2017
03/17
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do you think there was enough from your side, from the european union, engagement with the euroscepticse referendum ? i mean, you are a president of the commission who does talk about feelings. how will you feel on wednesday when that letter of notification, that formal letter of notification, arrives here in brussels? i will be sad, as i was sad when the vote, the referendum took place in britain. for me it is a tragedy. it is such a long, intense, interrelated history between the continent and britain, that i don't have an explanation for that, although i have particular puzzled explanations. but does it feel like a failure, presidentjuncker? it is a failure and a tragedy. what would be your words on the eu's 60th anniversary for the 52% of the uk who voted to leave, and the 48% who voted to stay and are now very worried about their future? i love both of them. because britain is britain. and the fact that 48% of the british people were voting yes and the fact that 52% of the british were voting no should not lead us to the conclusion that britain is definitely separated in two parts.
do you think there was enough from your side, from the european union, engagement with the euroscepticse referendum ? i mean, you are a president of the commission who does talk about feelings. how will you feel on wednesday when that letter of notification, that formal letter of notification, arrives here in brussels? i will be sad, as i was sad when the vote, the referendum took place in britain. for me it is a tragedy. it is such a long, intense, interrelated history between the continent...
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Mar 25, 2017
03/17
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conservatives. pressure, there is another eurosceptic conservativeslj pressure, there is another eurosceptic not think that everyone in the country trust theresa may as much as douglas ca rswell trust theresa may as much as douglas carswell does. remains to be seen. we certainly have a big role to play in "brexit" and in other things, there is many things that ukip does, not least renewing the way that we do politics, we tend to do it in a more honest, open, independent fashion than other parties do, i'm not sure other parties do that. honest, open, independent, do you think that is why douglas carswell did not belong? the struggle as a conservative, he understood the way, the whip, effectively being told what to do, and i think he struggled with the concept of not having that anymore, he had to think and do for his self, and perhaps he struggled with that. what you the prospects are, he has said he will stay, there will not be a by—election, a lot of your colleagues think he should resign, we should not have a by—election, he says he will sit as an independent. notwithstanding that, what yo
conservatives. pressure, there is another eurosceptic conservativeslj pressure, there is another eurosceptic not think that everyone in the country trust theresa may as much as douglas ca rswell trust theresa may as much as douglas carswell does. remains to be seen. we certainly have a big role to play in "brexit" and in other things, there is many things that ukip does, not least renewing the way that we do politics, we tend to do it in a more honest, open, independent fashion than...
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Mar 25, 2017
03/17
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what worries eu leaders is that, in the wake of brexit, it's their opponents, eurosceptic nationalist forces, that are energised right now. with this summit, eu leaders are trying to find a new impetus for their project, to confront brexit and the other challenges they face. the problem they have: how to rekindle enthusiasm for the eu across europe. damian grammaticas, bbc news, rome. that's it for now. i will be back for the later this is bbc news. ukip‘s only mp douglas carswell stands down from the party to become an independent, saying he's achieved his main objective with the party. we can be absolutely certain brexit is in good hands. all the things we campaign for will come to pass. it's wonderful. ukip‘s leader paul nuttall says carswell‘s resignation isn't a surprise. his deputy says his departure won't affect the party's future. he has been a very semidetached person for a very long time with this party. frankly, this is a nice dress two breath of fresh air, that this is now behind us. tributes to the policeman killed in the westminster terror attack. the investigation into
what worries eu leaders is that, in the wake of brexit, it's their opponents, eurosceptic nationalist forces, that are energised right now. with this summit, eu leaders are trying to find a new impetus for their project, to confront brexit and the other challenges they face. the problem they have: how to rekindle enthusiasm for the eu across europe. damian grammaticas, bbc news, rome. that's it for now. i will be back for the later this is bbc news. ukip‘s only mp douglas carswell stands down...
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Mar 29, 2017
03/17
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explain the pressure she is feeling from the eurosceptic wing.she may not be able to give it due notably the divorce settlement figure being bandied around and about 50, 60 billion euros. you have also pulled out another part, that for the europeans they want to talk about the divorce settlement first and to get that sorted so the uk stands behind its commitments. the uk wants to talk in parallel with those divorce talks about the future relationship. you can see it from the british point of view. what they will say is, there is no deal until everything is agreed. the europeans will say, unless you agree to this figure we put on the table, we will not talk about the future shape. there are all sorts of tricky issues that they have to overcome before they even get into the meat of the detail, which will of course take much longer than 18 months to two yea rs, much longer than 18 months to two years, you would anticipate. we are going to pick up on the point? is making enough few moments. there is much to be done before it the uk leaves the eu. mic
explain the pressure she is feeling from the eurosceptic wing.she may not be able to give it due notably the divorce settlement figure being bandied around and about 50, 60 billion euros. you have also pulled out another part, that for the europeans they want to talk about the divorce settlement first and to get that sorted so the uk stands behind its commitments. the uk wants to talk in parallel with those divorce talks about the future relationship. you can see it from the british point of...
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Mar 26, 2017
03/17
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, a re opponents, eurosceptic nationalist forces, are energised now.are trying to find a new impetus for their project, to confront brexit on the other challenges they face. the problem they have, how to rekindle enthusiasm for the eu across europe. meanwhile, thousands have been taking part in protests here in london against the triggering of article 50, which is the official pi’ocess article 50, which is the official process of the uk to leave the eu. the marchers want britain to remain in the eu and to fight a hard brexit, which would mean britain leaving the single market. while a pro— european family also took place in berlin, where those taking part held up banners saying that the eu is not dead, reflecting fears that brexit could result in more countries leaving the 27 nation bloc. in rome itself, police clashed with anti—eu demonstrators. officers seized iron bars and knives, and there were scuffles in the street. around 1000 people have marched through the streets of hong kong in a pro—democracy march ahead of sunday's chief executive election
, a re opponents, eurosceptic nationalist forces, are energised now.are trying to find a new impetus for their project, to confront brexit on the other challenges they face. the problem they have, how to rekindle enthusiasm for the eu across europe. meanwhile, thousands have been taking part in protests here in london against the triggering of article 50, which is the official pi’ocess article 50, which is the official process of the uk to leave the eu. the marchers want britain to remain in...
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Mar 19, 2017
03/17
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so we will see more eurosceptic elements being front and centre in a lot of these campaigns.. is it that whatever path they take, and it will not be our decision because apparently we won't be there, but whatever path europe takes is it in our interest, given that it is still our biggest market by a long way is it in our interest that it should succeed? but of course there is a tremendous disaster on the horizon, which is what happens to the euro. in the report that jean—claude juncker did, he said we have to do something about the catastrophic rates of youthunernployment, , w ,, unions and they don't understand that one of the biggest causes of the economic problems in europe is the european currency... he's talking about making the monetary union work more sensibly, with a proper banking union and with transfer of payments from the rich countries to the poorer ones. the difficulty with that, given the dutch elections, is that reforming the euro will be more difficult than ever. absolutely. and it isn't a common problem so there isn't a common solution. there are lots of dif
so we will see more eurosceptic elements being front and centre in a lot of these campaigns.. is it that whatever path they take, and it will not be our decision because apparently we won't be there, but whatever path europe takes is it in our interest, given that it is still our biggest market by a long way is it in our interest that it should succeed? but of course there is a tremendous disaster on the horizon, which is what happens to the euro. in the report that jean—claude juncker did,...
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Mar 28, 2017
03/17
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mrs thatcher, now thought of as the most eurosceptic of prime ministers, took britain deeper into europe than any other leader when she signed the single european act in 1986. that created a single market — free, borderless trade across the continent, thatcherism on a european scale, she called it. but in the optimism of the age, the fall of the berlin wall and the reunification of germany, europe was tricked by a misplaced certainty in which the seeds of today's crisis were sown. first, expansion to the east lifted half a continent out of communism, but free movement created the sense of migration out of control and it was this, more than anything, that tipped british sentiment in last june's vote. second, the decision to press ahead with the single currency. at the time, sceptics warned that only five or six nations really met the strict membership criteria but, eventually, 15 were admitted. too many, too dissimilar, too fast. so when the financial crisis crashed into europe, many in the south saw stagnation and despair. youth unemployment created a generation shut out of europe's brig
mrs thatcher, now thought of as the most eurosceptic of prime ministers, took britain deeper into europe than any other leader when she signed the single european act in 1986. that created a single market — free, borderless trade across the continent, thatcherism on a european scale, she called it. but in the optimism of the age, the fall of the berlin wall and the reunification of germany, europe was tricked by a misplaced certainty in which the seeds of today's crisis were sown. first,...
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Mar 30, 2017
03/17
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if he panders too much to the secret and quiet, or not so secret, agenda of the barmy—army euroscepticsnent behind him, he will not get the level of co—operation he otherwise would when he talks about pragmatism. with all law under the union flag, the government's promised again power will be spread around the uk, but with precious little detail. the government has pushed the big red button marked "brexit" with their fingers crossed and very little idea what comes next. brexit means sorting out thousands of complicated laws and regulations. and in the rush to get that done, there's fear in there ministers could grab extra power. but as we leave, it's politicians abroad who could really try to make us suffer. eu leaders weren't exactly sunning themselves in the maltese capital today. hunkered in the gloom of the conference centre instead. firm and downbeat about the prospect of a happy ending. brexit has made us, the community of 27, more determined and united than before. we will remain determined and united also in the future. ministers know they can'tjust breeze through the nitty—grit
if he panders too much to the secret and quiet, or not so secret, agenda of the barmy—army euroscepticsnent behind him, he will not get the level of co—operation he otherwise would when he talks about pragmatism. with all law under the union flag, the government's promised again power will be spread around the uk, but with precious little detail. the government has pushed the big red button marked "brexit" with their fingers crossed and very little idea what comes next. brexit...
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Mar 30, 2017
03/17
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for veteran eurosceptics, this is a moment of liberation.riend for making it clear that two years from today, our sovereign parliament will indeed have the power to amend, repeal or improve all of this ghastly eu legislation. them but as for other rights, number 10 says, let us focus on brexit and leave that debate until the next election. it is fundamentally important we have robust workers‘ rights, we have to protect workers and we also heard ministers say that where we can we want to build on that and make progress, we have often been at the forefront of that work in the eu and in my constituency i work very closely with the unions and i want to see a constructive debate in this country about all of these different policy areas and come up with a set of policies, we must get this right. in the heart of government there are far greater nerves about the next step, the looming parliamentary battles over what is known as a great repeal bill. some ministers are warning theresa may and she may be forced to hold a snap general election next year
for veteran eurosceptics, this is a moment of liberation.riend for making it clear that two years from today, our sovereign parliament will indeed have the power to amend, repeal or improve all of this ghastly eu legislation. them but as for other rights, number 10 says, let us focus on brexit and leave that debate until the next election. it is fundamentally important we have robust workers‘ rights, we have to protect workers and we also heard ministers say that where we can we want to build...
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Mar 14, 2017
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the negotiations will take place as eurosceptic political parties gain ground across much of the continentthe netherlands is set to head to the polls tomorrow, with france and germany both set to face national elections in coming months. carsten nickel, managing director europe, teneo intelligence joins me now. we have heard a lot already in this programme about what people think about this in the united kingdom. what is the view now in europe, given the fact that article 50 is likely to be triggered very soon? well, i think the key point, the key word, is the one that you just mentioned. it is uncertainty. so i think the whole question of the scottish independence push obviously adds an additional layer of uncertainty, just in a moment when we should have really gained slightly greater clarity from the uk side about the brexit process that is about to start now. so i think it is about to start now. so i think it is still very much a wait and see a approach from the european side, and i think there is no expectation for greater clarity until the end of 2017, really. as you say, the news co
the negotiations will take place as eurosceptic political parties gain ground across much of the continentthe netherlands is set to head to the polls tomorrow, with france and germany both set to face national elections in coming months. carsten nickel, managing director europe, teneo intelligence joins me now. we have heard a lot already in this programme about what people think about this in the united kingdom. what is the view now in europe, given the fact that article 50 is likely to be...
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Mar 31, 2017
03/17
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leader of the uk independence party, which of course campaigned for brexit, and he co—chairs the euroscepticp conservatives for britain. great to have you with me this morning on this programme, david. let me start with this, no matter what side of defence people sit on, i think we all agree a deal has to be done. is it realistic, two years, to get a deal? i think we can. i work on trade deals all the time on the trade committee. we have just done canada. that has taken seven yea rs, done canada. that has taken seven years, three years of negotiations. we don't have any tariffs to negotiate, not 1600 paris as canada did, we don't have any quotas and all other laws are a equivalent, so we start in a very different position from any trade deal under wto rules than the us —— i600 tariffs. picking up on that, talking about deals around the world, the nationalistic or economic and social research, you know, the point about britain not making up for the loss of trade with the eu with the likes of trade with the eu with the likes of the us and australia... go on. they are eu funded, that body, they
leader of the uk independence party, which of course campaigned for brexit, and he co—chairs the euroscepticp conservatives for britain. great to have you with me this morning on this programme, david. let me start with this, no matter what side of defence people sit on, i think we all agree a deal has to be done. is it realistic, two years, to get a deal? i think we can. i work on trade deals all the time on the trade committee. we have just done canada. that has taken seven yea rs, done...
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Mar 29, 2017
03/17
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you knew of course that there were a lot of eurosceptics in the british parliament and in the britishever thought it would happen. i thought that the british people would stay in the eu and fight from inside for reform of the union, but not leave it. i think it was a bit unthinkable but now we are here, it is a sad day but we have to get the best out of this very sad situation. tom nuttall, you have been looking at theresa may's letter and the reaction to it, particularly from the european parliament, what is your assessment of where we are tonight? well, in some respects, i think eu officials will have been comforted by the letter. in particular, it did not contain the threat we have heard from number ten before that britain would prefer to leave with no deal than with a bad deal, but there was one particular remark which has raised a few eye brows remark which has raised a few eyebrows and that was the linkage of security policy with the negotiations to come. some people, i think, are seeing that as a veiled threat for britain to withhold co—operational security in intelligence matt
you knew of course that there were a lot of eurosceptics in the british parliament and in the britishever thought it would happen. i thought that the british people would stay in the eu and fight from inside for reform of the union, but not leave it. i think it was a bit unthinkable but now we are here, it is a sad day but we have to get the best out of this very sad situation. tom nuttall, you have been looking at theresa may's letter and the reaction to it, particularly from the european...
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Mar 31, 2017
03/17
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is that a reason we could see brussels driving a hard deal to deter eurosceptics? petra: they might try but i doubt they will succeed. what we have seen as a reevaluating of the e.u. ever since the brexit was a reality. people within europe started to feel -- we have people in germany on the streets every sunday demonstrating in favor of europe. i recently spoke to someone from poland and they said, our population is vevery much in far of europe. i doubt this outcome. because people are sad when we can do so many things together with british, we spent so much political energy splitting up countries. it is sad. melinda: thank you for being with us for this discussion. thanks for tuning in. see you soon. q?q?q?q?q?q?q?q?q?vpxaxaks [animals chattering] ausubel: ok. on to the program. um, the quest to shift our civilization onto an equitablble and life-affirming path will take generations. as chief oren lyons of the haudedenosaununee 6 nations--iroquois 6 nations--has often counseleded s here at bioneers, , "raise up your leaders." young people arae always at the fore
is that a reason we could see brussels driving a hard deal to deter eurosceptics? petra: they might try but i doubt they will succeed. what we have seen as a reevaluating of the e.u. ever since the brexit was a reality. people within europe started to feel -- we have people in germany on the streets every sunday demonstrating in favor of europe. i recently spoke to someone from poland and they said, our population is vevery much in far of europe. i doubt this outcome. because people are sad...
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Mar 16, 2017
03/17
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it is a far right party, anti-immigrant and eurosceptic.t has been leading in opinion polls until just recently. our oliver is outside mark rutte 's election quarters in the hague. election polls have closed. what do we know? >> that is right, the polling stations and the first exit polls came in a couple seconds ago. they came up with a big surprise, i have to say. the liberals on first place, the second place would be the pvda, the social democrats, the partner of the coalition now. that is quite a big surprise because polls saw them as very small and they are now second strongest following these exit polls. the wilders poll would come in second place with quite a gap of the first two parties. this is quite a surprise if we look at recent polls. that said, these are just exit polls and we will have to wait to what the first calculations will bring later tonight. anchor: these exit polls are not completely surprising considering the polls over the last 24-48 hours. we see the geert wilders party in a distant third place. that in itself is
it is a far right party, anti-immigrant and eurosceptic.t has been leading in opinion polls until just recently. our oliver is outside mark rutte 's election quarters in the hague. election polls have closed. what do we know? >> that is right, the polling stations and the first exit polls came in a couple seconds ago. they came up with a big surprise, i have to say. the liberals on first place, the second place would be the pvda, the social democrats, the partner of the coalition now....
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Mar 14, 2017
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the negotiations will take place as eurosceptic political parties gain ground across much of the continentnetherlands is set to head to the polls tomorrow, with france and germany both set to face national elections in coming months. so what does all this mean? we will be making sense of this latest chapter in the saga in world business report. shares of japanese conglomerate toshiba have fallen 7% in tokyo. that is after the company announced it will extend the deadline for submitting its earnings report for the second time. toshiba says the delay to next month stems from an investigation into its us subsidiary, westinghouse electric. the company is expected to announce losses of $6 billion, and is likely to have to sell off some of its business. so where did it all go wrong for one of japan's corporate icons? we will have more on all of those stories in about 20 minutes. the diplomatic row between turkey and the netherlands is getting more acrimonious. the turkish government is introducing measures in retaliation to a dutch decision to prevent two turkish ministers from speaking at campa
the negotiations will take place as eurosceptic political parties gain ground across much of the continentnetherlands is set to head to the polls tomorrow, with france and germany both set to face national elections in coming months. so what does all this mean? we will be making sense of this latest chapter in the saga in world business report. shares of japanese conglomerate toshiba have fallen 7% in tokyo. that is after the company announced it will extend the deadline for submitting its...
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Mar 25, 2017
03/17
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by—election and celebrated the victory in the clacton by—election i talked about the need for a eurosceptismitons and i feel very much that you win in politics from parish councils to referendums by being positive and optimistic. i listened to all sorts of criticism and advice from some people who were perhaps, you know, take a different view. i wish them well. well, a little earlier i spoke to peter whittle, deputy leader of the uk independence party. he gave me his thoughts on mr carswell‘s decision to leave the party. look, i mean, the fact is that the people who voted for ukip and voted all the way along for ukip didn't really vote for ukip because douglas carswell was there, he's been a semidetached person for a long time with the party. this is rather a nice breath of fresh air that... symbolically, though, very important to have a member of parliament in the house of commons behind you. well, it is if it's somebody who is utterly with you as a party. but i think that douglas was never really comfortable in ukip, that's now been made clear and of course we look forward very much to him
by—election and celebrated the victory in the clacton by—election i talked about the need for a eurosceptismitons and i feel very much that you win in politics from parish councils to referendums by being positive and optimistic. i listened to all sorts of criticism and advice from some people who were perhaps, you know, take a different view. i wish them well. well, a little earlier i spoke to peter whittle, deputy leader of the uk independence party. he gave me his thoughts on mr...
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Mar 26, 2017
03/17
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just remember this — clacton is demographically the number—one eurosceptic seat in this country, andho voted him into parliament did not vote just because of him, they voted ukip, he has given up the label on which he was elected, and this is the man who led the charge in parliament for real recall, to give people a mechanism by which if 20% of the constituency, if they voted to have a by—election, they should legally be able to have one. so what we will do is take him at his word, and we will now write to every house in clacton and ask them, "do you want "a by—election or not?" if more than 20% say they do, we will find outjust how honourable mr ca rswell is. the headlines... the home secretary calls on firms like whatsapp to allow security services access to encrypted messages for terrorism cases. more than 30 have been injured after a suspected gas explosion on merseyside. it could be several days before residents can go home. thousands have joined anti—corruption home. thousands have joined anti—corru ption protests home. thousands have joined anti—corruption protests in russia.
just remember this — clacton is demographically the number—one eurosceptic seat in this country, andho voted him into parliament did not vote just because of him, they voted ukip, he has given up the label on which he was elected, and this is the man who led the charge in parliament for real recall, to give people a mechanism by which if 20% of the constituency, if they voted to have a by—election, they should legally be able to have one. so what we will do is take him at his word, and we...
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Mar 28, 2017
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mrs thatcher, now thought of as the most eurosceptic of prime ministers, took britain deeper into europein 1986. that created a single market — free, borderless trade across the continent, thatcherism on a european scale, she called it. but in the optimism of the age, the fall of the berlin wall and the reunification of germany, europe was tricked by a misplaced certainty in which the seeds of today's crisis were sown. first, expansion to the east lifted half a continent out of communism,
mrs thatcher, now thought of as the most eurosceptic of prime ministers, took britain deeper into europein 1986. that created a single market — free, borderless trade across the continent, thatcherism on a european scale, she called it. but in the optimism of the age, the fall of the berlin wall and the reunification of germany, europe was tricked by a misplaced certainty in which the seeds of today's crisis were sown. first, expansion to the east lifted half a continent out of communism,
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Mar 26, 2017
03/17
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just run but this - clacton is demographically the number—one eurosceptics sit in this country, and i voted him into parliament did not vote just because of him, they voted ukip, he has given up the label on which he was elected, and this is the man who led the charge in parliament for real recall, to give people a mechanism by which at 20% of the constituency, if they voted to have a by—election, they should legally be able to have one. so what we will do is take him at his word, and we will now write to every house in clacton and asked them, do you want a by—election or not? if more than 20% say they do, we will find out just not? if more than 20% say they do, we will find outjust how honourable mr ca rswell we will find outjust how honourable mr carswell is. but technically he doesn't have to have a by—election, he maintains because he is not moving party, he doesn't have to have one. of course he does, he was voted in as a ukip candidate, and it isa voted in as a ukip candidate, and it is a constituency in which ukip is very, very strong. i could be wrong, but i suspect there will
just run but this - clacton is demographically the number—one eurosceptics sit in this country, and i voted him into parliament did not vote just because of him, they voted ukip, he has given up the label on which he was elected, and this is the man who led the charge in parliament for real recall, to give people a mechanism by which at 20% of the constituency, if they voted to have a by—election, they should legally be able to have one. so what we will do is take him at his word, and we...
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Mar 2, 2017
03/17
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we have a potential eurosceptic becoming the leader of the netherlands. the french elections in particular are troubling. if marine le pen wins, given her euro skepticism and desire to redenominate from the euro into the french franc come a that could be destabilizing from a european perspective, a front perspective, as well as a global perspective. butcannot go in blindly, having said that, there's a lot of good news in europe that i do not think is being reflected in the markets. vonnie: i want to go back to the u.s. markets. in europe, there's a lot of uncertainty, in the u.s. there's a lot of uncertainty, but at least we know who is in power. we know what kinds of clinical fights we will be facing. you could say there are animal spirits in the market, but we are looking at a fed rate hike this month. shouldn't u.s. stocks continue to grind higher and amid moreks continue uncertainty? george: what i would like to put out -- point out in the u.s. is there are elements of true frothiness. you seen the truly boron -- truly bond proxy areas of the market r
we have a potential eurosceptic becoming the leader of the netherlands. the french elections in particular are troubling. if marine le pen wins, given her euro skepticism and desire to redenominate from the euro into the french franc come a that could be destabilizing from a european perspective, a front perspective, as well as a global perspective. butcannot go in blindly, having said that, there's a lot of good news in europe that i do not think is being reflected in the markets. vonnie: i...
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Mar 6, 2017
03/17
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they say to eurosceptics, who say all those treasury warnings from george osborne were overstating itre based on the assumption article 50 would be triggered immediately. we are about to trigger it, so we will see what happens. in the autumn budget, when the funding of social care is addressed, the chancellor is wary of taxing inheritance. no death tax is the cry that is evidently going around the treasury at the moment. he's more interested in an idea from baroness altmann, the former pensions minister, who says it's like an isa for social care. the chancellor likes that idea, the responsibility is put on working people. the other thing he is alive to is criticism on the tory backbenches that stamp duty reforms from george osborne are slowing down the housing market and not yielding the revenues talked about. the chancellor will hear that, but he needs to see more data. if the concerns are true, he will be happy to respond. labour mp helen goodman was a minister in the department for work and pensions and now sits on the treasury select committee — as does conservative chris philp. a
they say to eurosceptics, who say all those treasury warnings from george osborne were overstating itre based on the assumption article 50 would be triggered immediately. we are about to trigger it, so we will see what happens. in the autumn budget, when the funding of social care is addressed, the chancellor is wary of taxing inheritance. no death tax is the cry that is evidently going around the treasury at the moment. he's more interested in an idea from baroness altmann, the former pensions...
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Mar 21, 2017
03/17
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change, they would get additional seats for winning the election, and there are a number of others euroscepticwhether they form an alliance is unclear. that would be the northern league, more of a right-wing party, but also these two people on the fence in terms of whether they are pro-europe or antihero. -- europe. vonnie: it does not end with the french election. how do you play this? do you make short-term trades, do you buy yourself options in case everything goes awry, or do you stay in at all? john: we did put in on a spread widening trade, from the underperformance of french government bonds, italian government bonds against germany, but we took some profits on that, because it looked as though they were priced in a lot of risk ahead of the two elections where we just had and when we are about to have. if we get the sort of rally that mark is talking about, we will sell into that again and buy goods versus -- bunds versus french oet's. mark: what is are you looking at? john: the spread position between u.s. and europe, bund yields around 40 basis points versus treasuries, 10 year treasu
change, they would get additional seats for winning the election, and there are a number of others euroscepticwhether they form an alliance is unclear. that would be the northern league, more of a right-wing party, but also these two people on the fence in terms of whether they are pro-europe or antihero. -- europe. vonnie: it does not end with the french election. how do you play this? do you make short-term trades, do you buy yourself options in case everything goes awry, or do you stay in at...
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Mar 2, 2017
03/17
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it's quite a strange thing, in this country, in britain, you have older people who are eurosceptic andan union. in france, it's the young people conversely who have a problem. she is doing pretty well among blue collar workers. it will be interesting to see what they do in the second round of the vote. which is of course what donald trump did in some of those states in wisconsin, pennsylvania, he did it — we didn't expect him in michigan, for example, to win people who voted democrat all their lives, blue collar, solid left—wing voters for their working lives and decided to switch parties and vote for donald trump. we can go to newport in virgina and look at the picture on board this aircraft carrier. donald trump is about to be introduced. one of the issues he has, you talked about him wanting to expand the military. he has the cost of some of these big ticket projects and particularly aircraft carriers like this one. he wants to try and get the manufacturers of these, the defence contractors, to bring down the costs. he's been proud of himself during the course of the last couple of
it's quite a strange thing, in this country, in britain, you have older people who are eurosceptic andan union. in france, it's the young people conversely who have a problem. she is doing pretty well among blue collar workers. it will be interesting to see what they do in the second round of the vote. which is of course what donald trump did in some of those states in wisconsin, pennsylvania, he did it — we didn't expect him in michigan, for example, to win people who voted democrat all...
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Mar 29, 2017
03/17
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if the uk is still under the ec —— ecj five years from now, the eurosceptic part of the conservativempromise on both sides? there has to be. it is in the interest of both sides to find this long—term partnership. there is willingness on both sides. the transition may need to be longer in some areas. that is the level of detail which i hear colleagues on the backbenches of the european parliament say they want to deliver. thank you. vicky ford and alan beattie. we will get bored detail from donald tusk, president of the european council, on friday, when he was one through the broad parameters of the eu position. thank you. with me now is matthew elliott, who was chief strategist of the vote leave campaign, now a senior fellow at the legatum institute. welcome. what does today mean for you? it is a huge day, it really historic day. we are finally in the process of leaving the eu. what struck me from the prime minister's statement is she said we were leaving the european union, not europe. that is important. it shows we wa nt europe. that is important. it shows we want to cooperate and
if the uk is still under the ec —— ecj five years from now, the eurosceptic part of the conservativempromise on both sides? there has to be. it is in the interest of both sides to find this long—term partnership. there is willingness on both sides. the transition may need to be longer in some areas. that is the level of detail which i hear colleagues on the backbenches of the european parliament say they want to deliver. thank you. vicky ford and alan beattie. we will get bored detail...
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Mar 13, 2017
03/17
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first of all, does this play ,nto the hands of eurosceptic extreme far writers in the netherlands? i think it plays into everybody's hands. we saw throughout this campaign attack right.ster he was trying to stop voters bleed off. so this allowed him to come out and put a strong face on. we also saw -- come out to see that it is more energized. and it helps the turkish president. he has a referendum one month from now that is net and neck. those the short term, for three, it is a win-win-win. in the short term, we will have to see about that. francine: does the row escalate from now? how do you deescalate it? willw: i don't think you the escalate it until after the turkish referendum. we will get this one on the dutch election and then you will see them wind down the rhetoric. and then you will have the turkish referendum one month from now. once that is over, we might see the turkish president hit the reset money and go. you look at the turkish's spat with russia, it took a long time to play out and it didn't come to an end and till turkey was ready to make the first move. so don't
first of all, does this play ,nto the hands of eurosceptic extreme far writers in the netherlands? i think it plays into everybody's hands. we saw throughout this campaign attack right.ster he was trying to stop voters bleed off. so this allowed him to come out and put a strong face on. we also saw -- come out to see that it is more energized. and it helps the turkish president. he has a referendum one month from now that is net and neck. those the short term, for three, it is a win-win-win. in...
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Mar 7, 2017
03/17
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two-year yields are negative is because the bond markets -- bund markets become the market for euroscepticstch the french election. if it goes pro euro, bunds will shoot up. if it goes the other way, the opposite is likely to happen. francine: coming up, we speak to mervyn king. we also speak to someone in the sun. ♪ nissan.ne at the s -- ♪ this is "bloomberg surveillance" in london. let's get the latest from the geneva motor show. matt miller has been speaking to some great, great ceo's. theourse, carmakers, one of industry's most hard-hit if there were to be tariffs. we also saw an alliance between peugeot citroen buying general motors' regional division. >> you know, there are some of the positives in the u.s. for the moment, we stopped trying to analyze all the different things that may happen. it is better to wait until the decisions are made, and then as a function of the decisions that are going to be made, we will adapt our supply chain, because that is what we need to adapt. so far, all carmakers have adapted their supply chain in north america through the only agreement which adds
two-year yields are negative is because the bond markets -- bund markets become the market for euroscepticstch the french election. if it goes pro euro, bunds will shoot up. if it goes the other way, the opposite is likely to happen. francine: coming up, we speak to mervyn king. we also speak to someone in the sun. ♪ nissan.ne at the s -- ♪ this is "bloomberg surveillance" in london. let's get the latest from the geneva motor show. matt miller has been speaking to some great,...
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Mar 10, 2017
03/17
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a long time of economic stagnation and disappointment. 57% of the people are eurosceptic, that is anhey may give up on the commitment to the central lending bank in europe and may decide they would opt out of the euro altogether. francine: does this uncertainty play out in yields? i have the french-german spread. i also have the italian-german spread, a similar fluctuation. jim: i think that this year is a near miss for political risk. it doesn't mean that 2-5 years down the line you want to get a bigger problem. the biggest problem will be the next recession. chaosle bit of political is relatively normal in italy. i do not think the next recession will be pleasant in europe. francine: if we don't find a common purpose the eurozone will break apart? jim: knowing can say that at the moment. the tensions will be there for years to come until you get a bigger scheme for the continent. there is a behavioral reality were people dislike a reduction in living standards more than they are tolerant of stagnation. my problem with italy is because the norse -- italian politics could become toxi
a long time of economic stagnation and disappointment. 57% of the people are eurosceptic, that is anhey may give up on the commitment to the central lending bank in europe and may decide they would opt out of the euro altogether. francine: does this uncertainty play out in yields? i have the french-german spread. i also have the italian-german spread, a similar fluctuation. jim: i think that this year is a near miss for political risk. it doesn't mean that 2-5 years down the line you want to...
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Mar 22, 2017
03/17
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party that seems to to capitalize on the discontent on the political spectrum and has an openly eurosceptiche flipside, if the and particularly germany and the u.s. become more confrontational when it comes to trade, that will force germany to hone down and cement leadership in the eu and particular nicer terms, do you describe that kind of narrative? >> i don't really think so. i think you have rhetoric between the u.s. and europe that is not likely to amount the kind -- to the kinds of measures we see targeted to other countries frankly. i do not think there is a lot to be gained from the trump administration other than making occasional threats about nato. i don't see germany stepping back from its role as the reluctant super parol -- superpower in europe. >> i want insight into your conversations. once we get past the french election, so long as the winner is not marine le pen. conversations with clients, that they are ready to put the money to work? the first hurdle is getting through elections this year. , thehe ongoing evolution risk of a scottish referendum, italian elections, is co
party that seems to to capitalize on the discontent on the political spectrum and has an openly eurosceptiche flipside, if the and particularly germany and the u.s. become more confrontational when it comes to trade, that will force germany to hone down and cement leadership in the eu and particular nicer terms, do you describe that kind of narrative? >> i don't really think so. i think you have rhetoric between the u.s. and europe that is not likely to amount the kind -- to the kinds of...
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Mar 9, 2017
03/17
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eurosceptics are unhappy, pro—europeans, fiscal hawks unhappy, pro—europeans, fiscal hawks unhappy, social folk who go out, take a risk, start a business on their own and build a company, the sort of people they are seeking to encourage and help. instead mr hammond seems to have delivered a £2 billion hit on them. this morning mr hammond did not rule out a u—turn but it is pretty clear he believes it is essential to introduce these changes, partly on the grounds of fairness, it is not fair people earning a decent amount of money who are self—employed pay less tax than those who work for a company, but above all, i sense, because he fears, down the line, more of us will work on our own. there is a major headache looming for the treasury. no sign of gift from mr hammond this morning. in 2015 we introduce legislation to give effect to the tax lots we talked about in our manifesto and we spelt out clearly how we would do it, focusing on class one national insurance, the national insurance paid by 85% of people in this country who are in employment. and what i announced yesterday was a small in
eurosceptics are unhappy, pro—europeans, fiscal hawks unhappy, pro—europeans, fiscal hawks unhappy, social folk who go out, take a risk, start a business on their own and build a company, the sort of people they are seeking to encourage and help. instead mr hammond seems to have delivered a £2 billion hit on them. this morning mr hammond did not rule out a u—turn but it is pretty clear he believes it is essential to introduce these changes, partly on the grounds of fairness, it is not...
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Mar 16, 2017
03/17
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the opposition is clearly the eurosceptic party.he fact that marine le pen is in the running tells you about the situation. that is not going to reverse it self because the election might go and manual microns way. >> the long time is certainly correct. populism rising has certainly been a risk but it is also a question of time. , he buys more time for an investor and time is something we have to factory. if we get a two or three year reprieve of maybe extreme populism rising, there is plenty of money to be made. david: there is one potential lesson we could take away -- there is no europe when it comes to markets. there are individual countries. it happens in the netherlands doesn't necessarily affect france. what does it tell us as investors? do we need to look at those individual situations? >> you are making a good point. we are seeing a d correlation. we look at europe as correlated risk. but now, spreads are moving in sync. now spreads are moving more individually as opposed to in sync. the uncorrelated market can be confusing
the opposition is clearly the eurosceptic party.he fact that marine le pen is in the running tells you about the situation. that is not going to reverse it self because the election might go and manual microns way. >> the long time is certainly correct. populism rising has certainly been a risk but it is also a question of time. , he buys more time for an investor and time is something we have to factory. if we get a two or three year reprieve of maybe extreme populism rising, there is...
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Mar 30, 2017
03/17
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but labour is worried the tories might take the chance agenda of the barmy—army eurosceptics behind himt the level of co—operation he otherwise would when he talks about pragmatism. but as we leave, it's politicians abroad who could really try to make us suffer. eu leaders were not exactly sunning themselves in the maltese capital today. hunkered in the gloom of the conference centre instead. firm and downbeat about the prospect of a happy ending. brexit has made us, the community of 27, more determined and united than before. we will remain determined and united in the future. ministers know they can't just breeze through the nitty—gritty of brexit. in control and power. as we've heard, after britain leaves the european union in two years‘ time, politicians in the uk will have the power to change any of the laws that have been transferred from the eu. the confederation of british industry says there could be opportunities for more flexible regulations, but unions say there is a danger that workers‘ rights could be weakened. our business editor simonjack has been looking at the likely i
but labour is worried the tories might take the chance agenda of the barmy—army eurosceptics behind himt the level of co—operation he otherwise would when he talks about pragmatism. but as we leave, it's politicians abroad who could really try to make us suffer. eu leaders were not exactly sunning themselves in the maltese capital today. hunkered in the gloom of the conference centre instead. firm and downbeat about the prospect of a happy ending. brexit has made us, the community of 27,...