the left celebrates its return to power in argentina president-elect altucher fernandes now has to pull the country back from an economic cliff. i'm forgetting welcome to the program the european union has agreed to postpone britain's departure from the block for up to 3 months european council president to donald tweeted that the remaining 27 member states had agreed to accept the u.k.'s request for a presage flex tension until january 31st next year. let's get more on this from d.w. correspondents barbara fazio in brussels and shawn otto potts in london welcome both let's start with you bob what is the thinking behind this flexible departure date. the thinking is that the divorce proceedings between britain and the european union have reached the point to that they have gotten somewhat acrimonious and the 2 sides and particularly the e.u. want to see the back of the other so it is the message we are not keeping you whenever you're ready to go please we would even show you 2 at the door we would carry your suitcases and we might even order into a taxi to sort of facilitate the departur

a month and a half to prepare for this result since the primaries already indicated that alberta fernandes would win these elections the fact that the peso didn't plummet this morning though has mostly to do with extreme currency controls that were imposed by the central bank last night argentineans will now only be able to withdraw $200.00 u.s. dollars per month until the end of the year that limit until last friday was at $10000.00 so while these measures may be able to keep markets at bay it has caused uncertainty here among argentinians the black market value of the dollar has skyrocketed and many people don't know what these measures will do to their savings abroad and to their ability to travel and i've talked to some people here and they've told me that this is exactly the kind of measures that they're criticizing that they're wary off the fact that that the country is only taking measures to calm down market or support not to calm down people here on the street now we heard in the report very conciliatory noises from both sides how much cooperation could find on this really expect

broken economy but that victory it could prove to be a poison chalice for president elect al bad so fernandes he now faces the daunting task of dodging yet another damaging default. celebrations in the streets of pointless id's happiness and hope sweep over crowds supporting the victory in vision a political outsider to fernandez. a little bit better than the people are waking up but we can't stand the oppression of those who have more and don't give a damn about us the working people the poor babies so i'm happy because people still have this hope and my daughter will have a better future. but supporters believe fernandez can lift the nation out of its economic crisis the 60 year old law professor term president elect was a relative political unknown until recently but he's clear on his plans for the country that is where your we are of course going to work together as closely as possible. because the only thing that will concern us is stopping the suffering of argentina and once and for all this election is seen as a referendum on conservative president receive a mockery poverty sort under

i would largely agree with that analysis of what people voted for and against i think of arthur fernandes himself also brings people back to the beginning of the kitchener administrations chris rice to power was in a way also a rejection to the kitchener's that ministrations so it's in a way very confusing for external viewers to understand that you know rejecting the care centers brought mockery to power and then mockeries rejection brings christina kitchener s b p back to the executive without the fernandez heading it but i think what people are looking for is the heydays of care scenary smart the beginning of the administration with the the economy was growing quickly coming out of the 2002 to fold one commodity prices were high internationally when domestic consumption picked up pace quite quickly but the context that fernandes is coming into. globally is very different from the world that nester kiersten or came into in 2003 . when ability why did makris policies not work then. that's what everyone is trying to to understand it was a combination of things there was. exceedingly confi

high internationally when domestic consumption picked up pace quite quickly but the context that fernandes is coming into. globally is very different from the world that nester kiersten or came into in 2003 . broun ability why did marquise policies not work then. that's what everyone is trying to to understand it was a combination of things there was. exceedingly confidence and the fact that mike lee had won would immediately bring foreign investment to the country that didn't happen and the capitals that didn't or were mostly short term capitals that fled as soon as conditions changed. on the other hand there were inconsistency among the fiscal and monetary policy. some would say that a real plan to tame the public deficit didn't start until they were forced to turn to the international monetary fund there were also talk about how the market ministry ssion interfered with the central bank. so they were now i think many possible theories about why that mike rieves market reforms ended up failing alan simmons what about the christina factor in this election if i if i could put it that that

this time as mice president cristina fernandez tickets now she herself was president for 8 years fernandes his choice of running mate split opinion among voters the kitchen doesn't see it as dividing the country you know it's really a modern lapidary today i'll bet is president of all argentinean. for these people the hope is that this political plot twist will lift the nation out of poverty. are for more of this now i'm joined by our correspondents nicole for there she is in one is always going to bring to you nicole so we've got a transition of power from the business friendly president mockery to the center left under president elect fernandes how drastic will this shift be in terms of economic policy. well that's the big unknown here at the moment because he says that he wants to do everything differently but doesn't really say how we don't know who his finance minister is going to be he has said very little about his plans of renegotiating the country's debt with the i.m.f. economists certainly say that what is to be expected is less market friendly economic policy and also a lot more

switzerland made amends though, with a goalfrom edimilson fernandes in added time.led their place at the euros with a draw in sweden, but they left it late. spain came from behind thanks to this scrappy late goalfrom rodrigo. it tied the score at 1—1 in the 92nd minutes. let's have a quick look at some of the days other sports stories. andy murray is through to the second round of the european open after beating kimmer coppejans in his opening match. the former world number one took the opening set 6—4, then the second in a tie breaker to advance to the next round. england all—rounderjenny gunn has retired from international cricket — she played 259 times for her country in all formats, winning the world 2020 in 2009. and britain's world heptathlon champion katarina johnson—thompson has been nominated for the iaaf world athlete of the year award. johnson—thompson won her first global outdoor title at the world championships in doha with a british record. england's billy vunipola is "very likely" to be fit to start for their rugby world cup quarter final against aust

one of the main factions within the party and electorally one of the strongest ones but i bet the fernandes will also have to balance and negotiate the demands of peronist governors who are not necessarily aligned with christina care center and also of other peronist factions that have come into his coalition to defeat machree who are not aligned with christina kitchener so once you remove the unifying factor of defeating mauricio mockery which is what brought them back together it will become a trite lemma for fernandes to manage these competing interests. thank you very much ali moore had in the news hour and gloating a 12th day of demonstrations in lebanon will have an update from the capital beirut they survived civil war and ebola so wider chimpanzees than sierra leone still face a dire future. and sport lewis hamilton wins the mexican grand prix but did he do enough to win the overall title. there's been an assassination attempt on 2 government ministers in yemen your term minister and transport minister managed to escape after a bomb was planted near where they were staying in shabwa

has met with incumbent nerds you have monthly to big green to begin a transition period fernandes went to power on sunday on a promise to fix the broken economy but his victory could prove to be a poisoned chalice he now faces the daunting task of dodging it and other damaging default. celebrations in the streets of days happiness and hope sweep over crowds supporting the victory in vision a political outsider to fernandez but that was sunday night post-election monday the country's central bank has been the brakes on optimism by limiting the amount of dollars arjan tines can exchange. effective today we have reduced to $200.00 u.s. dollars monthly as the maximum amount that can be purchased by individuals with prior authorization from the central bank i know that this measure even being a temporary one is very strict and impacts a lot of people. the goal is protecting the peso it tumbles sharply in august we're now president-elect bernanke deadbeat president mockery in the primaries fears over a ruling center left government prompted people to sell off their pesos tremendous address t

argentina have elected president opinion polls are predicting that center left candidate alberto fernandes will beat conservative incumbent marquee fernandez was a political unknown outside of argentina that is until this year but this election is seen as a referendum on mockeries tough love austerity measures all poverty has soared in the country's currency value dropped during mockeries presidency. president mauricio mockery striking when as posed at his last campaign rally in when i was iran is over there when that back you know we will turn over the page of frustration we will turn around the election and we will turn around this country forever but. murray himself has a lot to turn around as his victory in the presidential election looks highly unlikely. the man projected to defeat him by a landslide is opposition candidate alberto fernandez he's benefited from the disappointment felt by many arjen times over mockeries unsuccessful handling of the economy mccree came to power in 2015 promising market reforms open door trade policies and strong investment but 4 years on the argentine e

this time as vice president cristina fernandez tickets now she herself was president for 8 years fernandes his choice of running mate split opinion among voters but kitchen doesn't see it as dividing the country you know through your model not only today i'll bet it's president of all argentinean. for these people the hope is that this political plot twist will lift the nation out of poverty. straight to argentina's couple then we're joined by peter because i'm going to go for the shade but a star is welcome to call lockets were nervous about a survey of populism to argentina how they reacted to this result. well filled the big crash didn't happen markets have responded in a relatively remodeler it matter to this result some economists say that's no wonder really because they had a month and a half to prepare for this result since the primaries. already indicated that alberto fernandez would win these elections the fact that the peso didn't plummet this morning though has mostly to do with extreme currency controls that were imposed by the central bank last night argentineans will now only

failed to stop the economic decline and falling value of the peso fernandes encouraged to represent apopulist style of politics inspired by the former president want to mingle put on and his more socialist approach to the government divisions are deep within society argentines are looking now at how the new leadership will tackle the economic crisis as a lot america analysts he joins us via skype from manchester in the united kingdom for share your time very much so how would you describe the mandate for fernandes pretty stronger new album sometimes is well known is the 1st round have 48 percent of those so there's no need for a lost. the expectations are paris those as agriculture a high that the. campaign resists the skillfully my mission i think having cristina kitchenette as the vice presidential candidate should be issues people aren't too sure about this because he's a moderating influence but those who want paris in refuges in trouble will think she's really going to run the show would have to say because that's the time that this says he's going to run his own no governments a

campaigned on matter his failure as president to stem poverty and inflation in his victory speech fernandes is a potent who conceded defeat with 85 percent of the votes counted it was. my 1st words it had thanked the entire argentinean people who voted who lived and built a historic day for democracy that is put all then logic into argentina again thanks to everyone who voted for as all of those who accompanied as and supported us thank you for the commitment that you've demonstrated to truly build a supportive argentina in argentina of solidarity one that defends public education one that defends public health. but that being. your friend i want to congratulate president elect alberto fernandez i just talked to him for the great choice that people have made i'm delighted him to morrow to breakfast because he has to start a transition period please this is for argentina the orderly transition that brings tranquility to all arjan times because here the only important thing is the future and wellbeing of argentines there is a boat has more from the argentine capital. well the center of went o

fernand is won by a massive 16%.olls predict fernandez will win the presidency out right, without the need for a second round runoff. a win for fernandez would also spell the return of argentina's controversial form -- former president. who is running for vice president. she is a polarizing figure, a populist who retains a huge following and is viewed as a champion of the poor, yet she also faces investigations into fraud and money laundering. economists are predicting a win for fernandez could exacerbate economic volatility. after the primary vote, financial markets were thrown into turmoil and a plot -- the peso plunged more than 30%. protests over the worsening economic situation led to lawmakers to improve -- approve a few law last month. with the neighbors, chile and berg -- and bolivia suffering unrest, could this election push another country in the region into further instability? brent: earlier, we spoke to our correspondent in the country's capital, bundeswehr's and asked her why people in argentina are loo

tenure so maybe it was a smart move or maybe it was a warrant for a scandal in his government now mr fernandes is he did man who can cure argentina's economic malaise well that is literally the $1000000.00 question probably he will be someone who can negotiate which is very important because he has pledged to make sort of a big deal combining the private sector and the unions for example and of course also the government institutions to buy some time for the argentinean economy argentina desperately needs to attract direct foreign investment in order to diversify the economy but that can only happen with time a time that a mockery of the current president did not have clearly argentinians were not patient enough for him to actually implement reforms and argentineans will definitely take to the streets very soon if that does not work so his idea is to you know deal with everyone negotiate it one bring everyone in but he is in a very polarized country with a very impatient people that mr is an old very briefly if you can have your what is at the root of the political problems in argentina and do

campaigned on mockeries failure as president to stem poverty and inflation in his victory speech fernandesthanks opponent who conceded defeat with 85 percent of the votes counted was. by 1st words it had thanked the entire argentinean people who voted who lived and built a historic day for democracy that has put order and logic into argentina again thanks to everyone who voted for as all of those who. it is and supported is thank you for the commitment that you've demonstrated to truly build a supportive argentina in argentina of solidarity one that defends public education one that defends public health. but that being. your friend i want to congratulate president elect alberto fernandez i just talked to him for the great choice that people have made i'm voted him tomorrow to breakfast because he has to start a transition period please this is for argentina the orderly transition that brings tranquility to all arjan times because here the only important thing is the future and wellbeing of arjen times. has more now from what is ours. well the center of went outside a few fields with peopl

switzerland made amends though with a goalfrom edimilson fernandes in added time.m rodrigo. it tied the score at 1—1 in the 92nd minute. andy murray is through to the second round of the european open after beating kimmer coppejans in his opening match. the former world number one took the opening set 6—4, and the second in a tie breaker to advance to the next round. disappointment for fellow brit cameron norrie though, who was beaten by feliciano lopez. to the rugby world cup now. wales will be driven on by the pain of their 2011 semi—final defeat against france when they take on the french in sunday's quarter—final injapan. that's according to backs coach stephenjones, who missed a conversion as wales lost 9—8 in new zealand. the game is best remembered for then—wales captain sam warburton's red card. wales and france meet again in oita on sunday, for just the second time at a world cup. it isa it is a tight game even when we were down to 14. we battled hard and still could have gone either way. this is a different group of players and the vast majority were not

president at a worsening economic crisis president conceded defeat to center left candidate alberta fernandes who won more than 47 percent of the. draft power sharing deals been agreed to between an internationally recognized government and a separatist group it aims to end fighting in the port city of which the transitional council in august. summer hendra men and boys who escaped the genocidal campaign in 2 years ago say they were sexually abused by security forces there they fled to bangladesh along with 3 quarters of a 1000000 of the muslim minority tendre chaudhry has more from cox's bazaar. in this world's largest refugee camp there are many who suffers in silence on able to share their trauma because of extreme shame and stigma we met up with a 41 year old man who says he was tortured and sexually assaulted by me on maher soldiers who didn't want to be identified. by him beat me up badly then i was just a good reply woman kept me there to ford in the morning the very thought of this brutal experience makes me going to see her depression i feel traumatized i go through much mental angui

report warning of the east attacks the next presidential election is due on nov 16th al-jazeera smell fernandes reports now from colombo. a record 41 candidates posting cash bones for the election head of handing in nominations on monday but the president might be policy received not being among that group now when he believes he's pretty sesar that's former president mind that rajapaksa it was a complete we've where he sort of swept that election saying that he was only in for one term to bring change however his tenure has been fraught with disappointment for sri lankan voters and despite in recent months trying desperately to mount a reelection bid to try and garner support for that relax in bed president citizen there has been forced to admit that he's not going to make it and today's sort of final list that we see posting bonds and getting ready to contest that presidential race not including president city sailor he's not had a very sort of an uneventful term let's say the latest being last october when he tried to stage what many people felt was a constitutional call by sacking his prime

to morrow if there's a decision in terms of there isn't a runoff then what we expect is albert to fernand the star just signing that economic plan talking to argentine creditors mainly the i.m.f. and start talking you know to see if argentina can restructure its debt and meet its that commitments in 2021 and beyond thank you very much so it's been an intense campaign a polarized campaign that we've been seeing here touring the country trying to convince people to vote for him saying that what's coming next is going to be much better than what we're seeing right now which is a very high inflation recession over 2 releveled on the rise among other things and on the other hand is a lot of the forum on this running alongside former president cristina fernandez de kirchner attacking the government on economic policies who have managed to unite the peronist party who had been divided in previous elections so we're expecting results here about 2 hours and a half from now we do know however that there is a tendency for a vet of the 2 numbers to win the election although it's not clear yet whether

everyone was expecting fernandes's victory in the first round and we were hoping to see announcementse economic policy as well as cabinets. we have not seen that yet and it has not even been 24 hours, but that is how quickly the market wants to see more announcements. amanda: great to have your thoughts, sean miller con. thank you. -- shamalia khan. wildfires raging across california from los angeles to wine country. why high wind has utility companies forecasting more blackouts. this is bloomberg. ♪ shery: this is bloomberg markets. i'm shery ahn in new york. amanda: i'm amanda lang in toronto. california is in a state of emergency. much of the state without power, hundreds of thousands of residents have been evacuated, as wildfires rage from los angeles to northern california. violent windstorms have fan the blazes, and more are forecast to hit tomorrow, prompting utilities to warn of even more blackouts. a senior analyst for bloomberg covers the insurance industry. obviously, for insurance companies, many of them still dealing with 17 and 18 in the same area. in terms of the scale

we know fernandes is calling for a 20% to 25% cut on their debt outstanding. we do not know if that is going to be taken well by creditors. looking forward, what does this mean if things go pear-shaped on companies operating in argentina? it means taxes on beef exports, grain exports. it means they are going to subsidize electricity. that is bad for the grid manufacturers, distributors. you are going to see some of them take a pound of flesh out of it. finally, you have lithium exploration. what happens to all of these companies spending money to try to develop those resources? the verdict is still out. david: a true follower of ferrone would not care about any of that. do investors get a sense of how true a follower of ferrone he is? damian: a return to paranism is not necessarily a bad thing. theye talking about -- were lying about inflation numbers come exaggerating things. there was corruption. that,not want a return to but certainly more of a socialist task where a third of the population is in poverty. something needs to be done. anything to correct the

victorias now is fernandes. great to have you with us. vince was telling us that perhaps if we get a positive reading when it comes to the service sector tomorrow, that markets could look past this, including what the fed could do. what are your expectations? >> i think he is right in that sense. we know the u.s. economy is roughly 70%, 75% based on services, so we know the manufacturing numbers have been slower. we have been anticipating to see those slower. they were a little more so, i think, and people anticipated, which is why we had the selloff, but we had some one offs playing into these numbers. we have the boeing issue that has been there a couple of months. we had the general motors strike as well. chance that that turns around. i would not use that is a big recession indicator by itself, especially if they services numbers are positive and come around. again, the consumer has been the driving force all year. we will see if that continues. also headed to nonfarm payroll numbers on friday. could we see another outsize rally in tr

high internationally when domestic consumption picked up pace quite quickly but the context that fernandes is coming into. globally is very different from the world that nester kiersten or came into in 2003 . when ability why did marquis' policies not work then. that's what everyone is trying to to understand it was a combination of things there was. exceedingly confidence and the fact that mike lee had won would immediately bring foreign investment to the country that didn't happen and the capitals that didn't or were mostly short term capitals that fled as soon as conditions changed. on the other hand they're wearing consistency among the fiscal and monetary policy. some would say that a real plan to tame the public deficit didn't start until they were forced to turn to the international monetary fund there were also talk about how the market ministry ssion interfered with the central bank. so they were now i think many possible theories about why that mike rieves market reforms ended up failing alan simmons what about the christina factor in this election if i if i could put it that tha

stalled economy will be one of the 1st big task for argentina's new president but says all berta fernandes gets to grips with currency and debt problems it's everyday argentinians who are feeling the pinch now as to resemble reports from buenos aires raising a family has become a challenge. it's late afternoon in megara a poor neighborhood in one of. my record appeal is trying to prevent the rain from destroying the place she lives in with her children. she has 11 of them and these days feeding them has become a major challenge. i go and beg on the street i'm not ashamed i sometimes work in a soup kitchen and feed children there and my kids get a meal in some of the schools a recent study shows that poverty rates have been on the rise in the past year the economic crisis has mostly caused by the devaluation of the peso has had a big impact on people's lives and a 55 percent inflation rate is making it difficult for them to buy food around 50 percent of the children in origin are poor this not only from malnutrition but also violence we're told that many of the kids are living here and. kil

he's a fernandes supporter through and through.e here at the weekend and now nothing. alberto fernandez is a centre—left politician who was until recently relatively unknown. more famous is his vice president cristina fernandez de kirchner, a former leader and a controversial one. a modern day if peron tucson, corrupt politician to others. the voters worry with christine as vice president there will be a return populist policies that many fear are to blame for the economic crisis in the first place. judging by the celebrations on the streets there is plenty of hope that the next four yea rs plenty of hope that the next four years will be different to what has gone before. this was a vote against austerity, vote against economic crisis alberto fernandez is a tough politician, unable to convince his critics to move the country forward. —— who needs to convince his critics to move the country forward. a rescue operation to save a toddler stuck in a narrow well in india has gone into its third day. heavy machinery is being used to dig

. >> my name is john fernand as, i'm a recent graduate from the university of california davis, go ags. i heard a lot of talk about the intersection of technology law, geopolitical issues, and they want to hear about your views on what i should be doing. what you should be doing. would everybody in this room should be doing when they interact with the new social media free speech space. >> lori, you start. >> (laughs) >> you should be coming to more panels like this. that's a great question. it's so fascinating because as diverse as the issues as we have discussed this evening, we are only scratching the surface. all of the questions that exist in this space, i think that the biggest thing is frankly making sure that people are better informed about how these companies actually work. it's incredibly hard for a lawmaker and regulators, we want to take our part at facebook incredibly seriously and make sure that people understand what's actually happening inside of our systems. a contributor and knowledgeablee contributor we welcome more voices in the room because we know that we don't h

fernandes willer be the next president. he won 40% of the vote.xt month. voters say no to the austerity program premarket president macquarie. win is a movement that traditionally favored workers over business owners. slashing the amount of u.s. dollars its citizens may buy. u.s. energy secretary rick perry says u.s. shale production is turning the world on its head. speaking to bloomberg in dubai. are awash, if you will come and the united states happens to be the ones that developed the technology, put the technology into place, and were reaping the benefits -- the world is reaping the benefits of this. cheap energy is a good thing for the world. viviana: the u.s. has become one of the world's largest energy producers because of oil and natural gas from shale fields. global news 24 hours a day, on air and at tictoc on twitter, powered by more than 2700 journalists and analysts in more 120 countries. this is bloomberg. tom: spotify out with earnings cfo shift as well. i don't want to say it is a negative thing. more this later. anytime you see a

edimilson fernandes got the second in extra time.united face league leaders liverpool on sunday. spain qualifies for next year‘s finals. andy murray is through to the second round of the european open in belgium. he beat the home favourite kimmer coppejans in straight sets in antwerp, winning 6—a, 7—6. murray said he would have given up on the game had it not been for the support and encouragement of his wife. looking forward to a huge weekend at the rugby world cup. wales play france on friday. scrum—half gareth davies admits he might have to think his dad. he sent him words of wisdom before every single name. i try and tell him sometimes it is not quite as easy as he tells me. he tells me some simple things and i tried to tell him it is not that easyin tried to tell him it is not that easy in international rugby. it is a lwa ys easy in international rugby. it is always nice to get a message from him before every single game. could there be more success on the way for katarina johnson—thompson? the british heptathlete is one of 11 a