lisa: iain, what is your highest conviction contrarian bet? iain: everyone else has had to.ke to as well. i will agree on the emerging markets high. i am looking at these returns down 5% on the hard currency, down 10% on local bonds. i would not be surprised if we are close to flat on the end of the year. i think we can recoup a lot of those losses. the other thing, i think we're looking at is the underperformance of european high yields relative to u.s. high yields over the course of this year. i think that can also reverse. i think the year can high-yield market, those spreads look pretty attractive to us, given the positive corporate fundamentals going on in europe and the fact that you will continue to see the zero interest rate policy which will force people to look at these corporations to grab yield. lisa: mike, you're nodding, do you agree? michael: we have looked at the relative differential. that does jump out. we are on the margin. lisa: i would love to get a sense of whether the u.s. credit markets in general are overheating or getting a little bit stretched. for

iain: i will take greece. u.s. 10 year yields be closer to 2.5% or 3% by year-end? iain: above 3%.: closer to 3%. priya: 3%. lisa: one will do you -- with the u.s. yield curve in verve -- invert, six months or 12 or more months? priya: six months. michael: 12 or more. iain: 12 or more. lisa: really quick. you care about the yield curve. or is this time birth different? priya: i care. michael: yes. i think the fed is whistling past the graveyard. i think the curve continues to settle off. i think this time is different. lisa: my thanks to priya misra, michael collins, and iain stealey. from new york, that does it for us. we will see you next friday at 1:00 p.m. new york time, it's a quick p.m. london time. this is "bloomberg real yield." ♪ ♪ looks good to bloomberg first word news is news this afternoon. it is looking less likely that the u.s. and canada will meet today. speaking to reporters in washington, canadian foreign affairs minister said while the canadian and u.s. teams are working hard "we are not there yet." optimistic, saying canadians are good at finding win-win comprom

conservative leader iain duncan smith what he is saying about brexit. there about 30 minutes into trading day in the u.s. and we have strength across the board. the dow in particular doing well , in part because of walmart. that index up 1.25%. the s&p and nasdaq also gaining strength. this is the best day since july 25 for the s&pthat index up 1.2. 500 and the dow is doing the best since july 9 straight helped by walmart. forfor now, look at those share, up 9%, up slightly more analysis we are joined by romaine bostick in new york. let's start with turkey. sayingance minister turkey is not going to impose capital control. indeed that is something a lot of analysts have said not be a good idea. is somewhat reassuring and we saw that reflected in the movement in the lira. that was one of the biggest fears traders were talking about. they do that, at least for now. that has given a boost to the market. you also have the news not just factf china, it also the that china appears to be leaning towards more stability and you combine that with the weakening do

iain: no, it is forward-looking.point is that we chose to leave, my question is how do we make the most of it. francine: that is my question to you. do you not want to safeguard financial services? why is it not a priority? iain: it is enormous at the moment. the eu is continuing to regulate in a way that the enormously damaging to london. even the bank of england has come out and said that, outside of the eu, the city of london with thrive. because we can set regulations relevant to the kind of global business that we want. i want to enhance financial services dramatically and make sure the u.k. is the global center. francine: by doing tax cuts? becoming more singapore-like? also, at the same time, lots of things that were carried out previously. nondominant status and things like that. center, webe global have to start behaving as though we are. francine: would that be more like singapore? iain: it is a different concept. what we are is the u.k., a rules-based organization, one of the best law structures in the wor

we can speak to iain duncan smith now from milton keynes.f the queen of soul, aretha franklin, before herfuneral there later this week. stevie wonder, chaka khan and jennifer hudson are all expected to perform at an outdoor tribute concert on thursday. our correspondent rajini vaidya nathan is there. the queue that you can see behind me snaking around this museum, as fans line up to pay their final respects to aretha franklin, the queen of soul, as she lies in state here at the city's african—american museum. i am joined by entertainer sir diego brazil?. you have come here all the way from florida. all the way from north miami beach, florida. it was a must. you have already been meant to pay your last respects. what was it like in there? it's very spiritual. when i walked in, one of her gospel songs from amazing grace was playing. she has a smile on her face. red pumps, her legs are crossed, she is on the freeway to heaven in the pink cadillac. you are glad you waited in line for this? # i am grateful, yeah. everyone is singing, this is actu

with me is iain anderson, founder of the international communications agency,

iain will be back.er stories to get our teeth stuck into in the news briefing, along with the fifa corruption probe. the former head of football's governing body in south america will be sentenced later. he's the first african—american to win the presidential nomination of a major party, and he accepts exactly 45 years ago to the day that martin luther king declared "i have a dream." as darkness falls tonight, an unfamiliar light will appear in the south—eastern sky. an orange glowing disk that is brighter than anything save the moon — our neighbouring planet mars. there is no doubt that this election is an important milestone in the birth of east timor as the world's newest nation. it'll take months and billions of dollars to repair what katrina achieved injust hours. three weeks is the longest the great clock has been off duty in 117 years, so it was with great satisfaction that clock maker john vernon swung the pendulum to set the clock going again. you are watching the briefing. 0ur headlines: puert

an established house and club scene in germany and that's also somehow part of our culture. félix iainin a hotel before a gig still just twenty three he's one of the most in demand d.j.'s on the planet he realised he'd found his calling while he was still in his teens i started playing my first club gigs in northern germany at the age of fifteen or sixteen doing it for after graduating from high school when i was seventeen i really focused on it one hundred percent on the boards and the whole focus here. this is basically all i take on stage my headphones it even says felix is headphones and two memory sticks. and then i always have a spare pair of phones with me which is in the suitcase so if a piece of luggage gets lost i still have another set of phones and sticks so theoretically all i need to perform is my suitcase or even my backpack. felix iain belongs to a new generation of musicians equipped with just a memory flash drive this evening he's again playing on the main stage of a major festival. he made his breakthrough in twenty fifteen with the smash hit we mix. his version of c

s like felix iain aleph oben and paul fund dyke regularly topped the international charts and headlined dance festival lineups of around the world we accompany the three men at their international gigs superstar deejays made in germany. on the musical fronts there germany's number one hit export. its one twenty years ago nobody could have imagined that be d.j. festivals on this scale also many of them. their shows are attended by tens of thousands of fans all over the world. and he lets loose in the last three years he's traveled from australia via india all over south america the u.s. several times and all of europe and also south africa and indonesia. and they are just the tip of the phenomenon. ops there used to be one hundred new records a week today there are probably ten thousand tracks a week tricks that gets my. hard to become so today you can download some software and start putting on beats and if you're good you'll make it as to. be just generally d.j.'s are in big demand at home and abroad. but religion we. haven't established house and club scene in germany and that's also

our golf correspondent, iain carter, joins me now. iain...oods out of your ryder cup team?|j would you leave tiger woods out of your ryder cup team? i do not think i would. i do not think he will be left out. we were at the announcement this morning of the eight automatic qualifiers. the pga championship yesterday was the final qualifying event. tiger woods would have needed to win to get a zero attic spot. listening to jim have needed to win to get a zero attic spot. listening tojim furyk talking to him, he knows and we know there is no way he cannot pick tiger woods. —— and automatic spot. he missed the opening section of qualified because he was still injured. he was late to the party and still managed to get himself into the top 12 americans. i think the sixth place finish at the open championship, the stirring 60 boy yesterday, seeing how the crowds we re yesterday, seeing how the crowds were reacting to him and how the american players react to him as well, i think he will be a big asset to the americans and he will be picked. how much

but what challenge from the home contenders our golf correspondent iain carter — at the course....ood day for the australian. very good day. there is no doubt about that. it was 65 for seven under par. it would have taken her into play—offs if she had made this putts. she came up a shot short there but picks up where she left off on the overall form the highlight was an eagle three on the 15th in that round of 65. she is a shot clear of the field. a good day for british players as well. georgia hall was round in 67. bogey free today. she did well to keep her card clea n. today. she did well to keep her card clean. she did an excellent performance. there was a hole in one for florentino parker in her rounds of 69 as well. the brits are showing up of 69 as well. the brits are showing up quite well. lydia hall with a round of 69, 3—under par as well. all eyes for gold fans may well be an the us open champion from thailand. she gets on today? she was a winner in scotland in last week. and she comes into this in great form. a former champion in the british open as well. it was a 1—under

iain watson, bbc news. 0ur europe correspondent, damian grammaticas, is in brussels.noon. given all of the talk of no deal, what are the prospects for the discussions? the talk of no deal has been rising will stop we have had that from the foreign secretary, jeremy hunt, in the last few days, from the eu side as well, different ministers around different countries putting the risk of no deal, what they call here a disorderly brexit, at 50-59. the they call here a disorderly brexit, at 50—59. the prospects for today are not great. —— 50—50. dominic raab will be arriving in the next few minutes for his third meeting, a hiatus over the summer, but the signs of preparatory talks at the end of last week, technical level talks here, did not go anywhere, dominic raab will sit down with michel barnier again today, but there is no sign at the minute of anything being put onto the table that would unblock the talks. the issues revolve around the prospect, theissue issues revolve around the prospect, the issue of the border between ireland and northern ireland, how to avoid the

s like felix iain aleph oben and paul fund dyke regularly topped the international charts and headlined dance festival lineups are around the world we accompany the three men at their international gigs superstar deejays made in germany.

iain: i think it is to give a form of forward guidance.oethere is the problem the has not had forward guidance work particularly well as we flip-flopped back and forth. so maybe another way of them trying to get a view of where rates and up -- end up. francine: do you agree? elsa: it signals another thing, that the neutral rate has come down. i think having a number gives credence to that. francine: given where inflation is and interest rates, the u.k. is affectively negative. elsa: writes, but we also have political uncertainty. the wage data is not picking up particularly fast. uncertainty, it will be in no hurry. francine: talk to me about the fed. iain: i do not think we learned a great deal. we changed some wording. it looks like they are on case to go in september and december. the data would point in that direction. trade and tariffs are the one thing that could not them off course. but they want to portray that it will be a slow, gradual hike. francine: and what is your call on dollar? elsa: a lot has changed since i was on. relati

the director, iain morris, and joe thomas is the star. and i think you could call it in—tense. festival. much as i love music, there is a line. yes, it‘s very messy, very funny, though, if you are of the right age group, which sometimes, guilty, iam. i was not, but all of the 19—year—old men i went to the screening with were loving it. that is enough. and very nicely acted — choosing the positives. and dvd... if you‘re not going out to a tent or a festival, dvd, emily blunt, in a quiet place. post—apocalyptic film where if you make a sound the aliens who have invaded will come for you, so you have to be quiet and not say a word and get through it. her and her family sort of get through it. will they, won‘t they? she is also pregnant, giving birth, not something you want to do when there are aliens around. everybody i know who has seen it said it was absolutely gripping. again i‘m a bit of a kick—in. yes, you can just about survive it — just don‘t scream. you have been warned! thank you very much. lovely to see you, jason, and that is it for this week. whatever you choose to wat

with me is iain anderson, founder of the international communications agency, cicero group. welcome back. i'm very glad to hear that long holidays are good for you. it isa that long holidays are good for you. it is a great idea. indeed, i'm all for it. the 200 days to go until brexit, theresa may has finally secured the first trade deal, and they are talking about the sort of miniscule amount that has been done really, it is trying to highlight the point that it is not actually a trade deal, is it? let's make that point to start with. we're only talking regs and we are onlyjust back from our summer holidays, it is inevitable. you're right, she cannot doa inevitable. you're right, she cannot do a formal trade deal until the uk has left the european union, at the moment, supposedly at one minute past 11 on the 29th of march next year, but she is trying to stitch together what those trade opportunities might be. now, the independent, very, very much against the brexit, has gone very hard against the prime minister this morning. actually think at long last, it perhaps should hav

the director, iain morris, and joe thomas is the star. and i think you could call it in—tense.stival. much as i love music, there is a line. yes, it‘s very messy, very funny, though, if you are of the right age group, which sometimes, guilty, i am. i was not, but all of the 19—year—old men i went to the screening with were loving it. that is enough. and very nicely acted — choosing the positives. and dvd... if you‘re not going out to a tent or a festival, dvd, emily blunt, in a quiet place. post—apocalyptic film where if you make a sound, the aliens who have invaded will come for you, so you have to be quiet and not say a word and get through it. her and her family sort of get through it. will they, won‘t they? she is also pregnant, about to give birth, not something you want to do when there are aliens around . everybody i know who has seen it said it was absolutely gripping. again, i‘m a bit ofa kick—in. yes, you can just about survive it — just don‘t scream. you have been warned! thank you very much. lovely to see you, jason, and that is it for this week. whatever you choose

woods return to the top end of major leaderboards has energised the sport. 0ur golf correspondent iaininks his addition to the usa team would give them a huge advantage. i think that his name is already inked in there. we were at the announcement this morning of the eight automatic qualifiers because the pj xavi chip yesterday was the final qualifying event. woods would have needed to win that to get one of those automatic spots, but i felt listening tojim of those automatic spots, but i felt listening to jim talking of those automatic spots, but i felt listening tojim talking to him, he knows and we know that there is no way he cannot pick. when you look at him, he finished 11th in the qualifying table but he missed the opening section of the qualifying because he was still injured. he was later that party and still managed to get himself into the top 12 americans. so i think that sixth place finish at the open cheque in ship, a story and 64 yesterday, seeing how the crowds were reacting to him. and also how the american players react to him as well. i think he would be a big asset fo

our golf corresoindent iain carter is at the course. she delivered when it really mattered.s or someone just 22 years old. she most definitely did. her only dropped shock came at 18, and he did not matter at all by them. she played magnificently. she matched her principal opponent, who is out in front by a shot at the start of the day. throughout the front nine, at one stage, the player from thailand had a 2—stroke advantage, but georgia hall get yourself firmly on the course and then hit the accelerator at the right moment exactly. a brilliant second shot into the 15th newly set up second shot into the 15th newly set up an eagle, but a two putt birdie was followed by another birdie at 16. from that point on, the pressure was too much for her opponent, and double bogey and 17. that meant that georgia hall had a three stroke advantage coming to the last and she couldn't 3—putt the 18th hole and still win by two strokes. so a huge victory, her first tour level and still win by two strokes. so a huge victory, herfirst tour level and he came ata victory, herfirst tour level and

with me is iain anderson, founder of the international communications agency, cicero group.olidays are good for you. it isa that long holidays are good for you. it is a great idea. indeed, i'm all for it. the 200 days to go until brexit, theresa may has finally secured the first trade deal, and they are talking about the sort of miniscule amount that has been done really, it is trying to highlight the point that it is not actually a trade deal, is it? let's make that point to start with. we're only talking regs and we are onlyjust back from our summer holidays, it is inevitable.

felix iain belongs to a new generation of musicians equipped with just a memory flash drive this eveninghe's again playing on the main stage of a major festival. made his breakthrough in twenty fifteen with the smash hit we mix . his version of cheerleader by jamaican singer only was so popular it went on expectedly to the top of the charts in fifty five countries. with. the song margaret and john mica it had been a hit in jamaica i think but nobody in the rest of the world knew it. and when i put out my remarks it went nowhere for the first six months but people started to pick up on it. it went to number one on spotify and sweets but with no marketing or record like marketing push on a platter people just thought i liked that market and loaded it into their playlist sent it to their friends posted it on facebook and that's how it gradually took off like. it was streamed seven hundred million times on spotify and a billion on youtube. since then game has been playing to see. sizable crowds such as at the summer sound festival in latvia for the young man who grew up on the baltic sea coa

iain, fora long iain, for a long time, no deal planning, the government talking about no deal planning—— spruiking. this isn't ratcheting up the, leaving without something less than an ideal relationship with the eu, but about giving businesses certainty that if the worst comes to the worst of the government has thought about it. the view from opposing political parties is rather different, some saying this is to make theresa may's chequers compromise seem a bit more a cce pta ble compromise seem a bit more acceptable by comparison. but the government are also trying to, in dominic raab's words in a speech he will give later today, is have a sensible and measured approach to tackle scare stories about empty food shelves and shortages of medicine, but some of these scare stories came from investigation is carried out by cross—party groups of mps, including some chaired by dominic raab's party themselves. hundreds of thousands of teenagers across england, wales and northern ireland will receive their gcse results later today. in england, there have been major changes, with a new grading

iain watson, bbc news.ext month. the women — 30—year—old city worker ania gos and her 64—year—old mother — remain critically ill in hospital. the pope will meet victims of sexual abuse when he visits ireland this weekend. pope francis is due to arrive in dublin on saturday for a two—day visit. earlier this week the pontiff condemned the "atrocities" of child sexual abuse and clerical cover—ups in a strongly worded letter to the world‘s 1.2 billion catholics. protestors have arranged a series of rallies in ireland coinciding with the pope‘s visit. police in lancashire have defended a video that shows a male officer hitting a teenage girl. the footage, which has circulated online, was shot as a 14—year—old girl and 52—year—old woman were arrested on suspicion of assaulting a police officer. in a statement, the police said the officer had used an "open hand strike" that it considered "reasonable force" in the situation. an area of sea in the arctic that is normally frozen all year round has broken up, opening

committing the party to backing a referendum on the final brexit deal. 0ur political correspondent iaine the chances that this will happen? with the government dead set against another referendum, the the people's vote campaign knows the best way of getting a new referendum on brexit is get the main party of opposition to endorse it. but for that to happen they need the support of some people who usually backed jeremy corbyn at next month's labour conference. but rather inconveniently many of the senior labourfigures inconveniently many of the senior labour figures associated with the people's vote are long—standing critics ofjeremy corbyn. this internal memo goes out of its way to make clear that any attempt to change labour party policy is not pa rt change labour party policy is not part of some kind of plot to change oi’ part of some kind of plot to change or undermine the labour leadership to further allay fears on the left also says that the the people's vote is not some kind of forerunner of a new anti—brexit party either. i am expecting more senior politicians and maybe one of th

says it isn't an attempt to challenge the labour leaderjeremy corbyn. 0ur political correspondent, iaingoing to get on the agenda at the conference, the labour conference? it isn't guaranteed but the people's vote believed their best chance of getting another referendum is to get the main party of referendum to endorse it, so they are trying to get activists and mps from constituency to get the debate into the party conference in the first case. there are some procedural hurdles but it is likely to be debated. then, the bigger challenge, they must convince people who are normally supportive of jeremy corbyn, who hasn't yet called for a referendum on their own circumstances, they have to get those supporters onside. the difficulty of the people's vote campaign is that many prominent labour supporters are critics of jeremy corbyn. so this internal memo from the campaign, they make it clear that any attempt to change labour party policy isn't an attempt to change the leadership or undermined jeremy corbyn. the other thing they are trying to do is tell people the campaign isn't some sort of

hall — with the home crowd behind her — held her nerve to win in comfort. 0ur golf correspondent iaind, just one dropped shot at the last and it did not matter by then because she had a three stroke advantage going into the final hole. it was a brilliant battle, they were throwing birdies at each other throughout the opening stages of the final round. the key moments came on the 15th and 16th, georgia hall hit an amazing second shot into the par—5/16 which set up an almost eagle but the tap in for the birdie. the 16th again, another birdie pied going piling the pressure on her opponent who bogeyed 17 and that is why she was able to ta ke 17 and that is why she was able to take the cushion down the final hole. she becomes only the first british woman to win and major championship and will make the third to win this british open since it had major status. i cannot believe the amount of support i've had the la st the amount of support i've had the last four days, they have been amazing and helped me finish these la st amazing and helped me finish these last four days i always wanted to h

iain livingstone has been named as the new chief constable of police scotland.to the challenges of helping vulnerable people and supporting diversity. retail sales grew faster than expected last month, with the good weather and the world cup boosting food sales in particular. figures from the office for national statistics show overall sales rose by 0.7% from the figure injune — and they were 3.5% higher than the same time last year. the influential indian politician, atal behari vajpayee, who served three terms as prime minister, has died at the age of 93. he was credited with pursuing a more moderate path amid rising hindu nationalism. it's been a turbulent week on international financial markets. as america's economy booms, there are concerns that the withdrawal of investment from some other economies is gathering pace as investors sell off stocks from emerging economies — with serious consequences for countries such as turkey and mexico. here's our economics editor kamal ahmed. the market and currency volatility we've seen this week ultimately comes down to

they thought there was no need for an investigation, iain duncan smith said he did not think the partying down debate on issues like this or shutting down the views of mps. i have spoken to other mps who think borisjohnson did have spoken to other mps who think boris johnson did not have spoken to other mps who think borisjohnson did not use the sort of language that is appropriate for politician, he should apologise, and it has damaged the conservative party. there are two very different views and it exposes existing tensions around brexit and the leadership speculation in the conservative party. thank you so much for that. returning to our top story. the shooting incident in moss side in manchester, ten people have been taken to hospital with a variety of injuries, let us get the latest from our correspondent, anna jameson. what is the latest? currently, as you can see behind me, claremont road in moss side is com pletely claremont road in moss side is completely cordoned off. yesterday this was a scene of celebration, vibrancy, colour, at manchester's caribbean carnival. it turned s

iain livingstone has been named as the new chief constable of police scotland.social changes and officers must respond to the challenges of helping vulnerable people and supporting diversity. he added that new threats from cyberspace and abroad meant policing methods must change. the england cricket coach trevor bayliss has said he expects ben stokes to make a public apology, following the brawl which led to his arrest and trial for affray. the cricketer, who was found not guilty of the charge earlier this week, returned to training today. he's been included in england's squad for the third test against india, which starts on saturday. the england rugby international danny cipriani has been fined £2,000 after pleading guilty to common assault and resisting arrest after an incident in a nightclub onjersey in the early hours of wednesday morning. the 30—year—old fly—half has apologised and say he's "mortified" by his actions. robert hall reports from jersey. reporter: danny, will you apologise for your actions? once again, danny cipriani was running the gauntlet o

committing the party to backing a referendum on the final brexit deal. 0ur political correspondent iaineople's vote campaign knows that the best way of getting any referendum on brexit is to get the main party of opposition to endorse it. for that to happen, it would need the support of some people who usually backjeremy corbyn at next month's labour conference of. there isa month's labour conference of. there is a snag, and conveniently, many associated with the people's vote campaign have been long—standing critics ofjeremy corbyn. this internal memo, it goes out of its way to make clear that any attempt to change later part of passionate labour party policy is not some kind of plot to change or undermine the current leadership. it further says that the people's vote campaign isn't some kind of a forerunner of an nt brexit centre party either. i am expecting something of politicians and maybe someone from the union to support it quite soon. butjeremy colburn prefers to keep his options open, at least until theresa may concludes negotiations of. motion is also been submitted to labour

halfway total of nine under par, a shot behind thailand's pornanong phatlum. 0ur golf correspondent iaine top, but a few standout names as well? yes, it isa a few standout names as well? yes, it is a congested leaderboard at the top. you have phatlum from thailand. the most excitement with it being a british open surrounds georgia hall, who was very impressive. you highlighted the statistic that stands out, the fact that she has been bogey free on a major championship, set up for two rounds now, adding a 68 to the 67 to move to nine under par. the other one that stands out is canada's brooke henderson. she got a five under par thanks to that wonderful hole in one on the short nine. the ireland coach graham shaw described his side as "an incredible group of people", after they reached the semi—finals of the hockey world cup for the first time. they produced another surprise victory, beating india in a shoot—out. remember, ireland entered the tournament as the second—lowest ranked team but now now they take on spain tomorrow, for a place in the final. before the game today, we were like, w

former conservative leader iain duncan smith said there is no such thing as a no deal, because both britainn union are signed up to world trade organisation rules, they would be able to trade together after a no—deal brexit and he says the treasury and the bank of england have struggled to understand how this would work. to some extent of course, mark carney‘s comments are in line with those of the uk government. this weekjeremy hunt warned about the dangers of a noble deal by accident. jeremy hunt at what message is really aimed at european leaders and to some extent so european leaders and to some extent so our european leaders and to some extent so our mark carney‘s comments today, telling them yes, no deal would be bad for the british economy but also be bad for european economies and perhaps, unlike his colleagues gci’oss perhaps, unlike his colleagues across the channel, he says the british financial system is well prepared for such a short coming. tom, thank you. and lucy williamson is in paris. what sort of response is theresa may going to hearfrom emmanuel macron later one, lucy? w

our political correspondent iain watson has the details. that's right.e past hour or so, brexit secretary dominic raab has tried to reassure businesses and the rest of us that the government has been doing its homework quietly over the last few months on this issue are preparing for what he says issue are preparing for what he says is the unlikely event of a no deal. today, 148 pages of advice in an attempt to see off what he sees as scare stories about life outside the eu. deal or no deal, brexit will affect every aspect of british life. today, the government released 25 papers on a wide range of issues, examining what could happen if we fall out of the eu next year without a deal. among the questions the government is trying to answer is what would happen to medical supplies, to nuclear research, to payments for farmers, and to a major money earner, the financial services industry. first and foremost, the brexit secretary wanted to accentuate the positive. he said he expected to strike a strong deal with the eu, but... we have to consider the alternati

just three shots off the lead. 0ur golf correspondent iain carter is at royal lytham, earlier i spokes temperature 12 months ago that she had her breakthrough moment. finishing third there. that cemented her place in the european solheim cup team. and that brings me onto this. she it was a big overall defeat for your blaster. but she does show that she has the appetite for the big time. big galleries are following her. she is in the final group. and it was a real battling performance. i don't think her overall game is as consistent as it has been over the first two days. for the first time she dropped a shot with one bogey coming on the 13th. but she bounced back well. birdies at the 15th, 16th and then another drop shot at 17. but she made up for that with a brilliant birdie at the 18th in that round of 69. and she isjust one birdie at the 18th in that round of 69. and she is just one shot off the lead. i was watching it hear and eyes saw her hold some real clutch putts. especially on the front nine. i think she has been immensely proud of this sort of bogey free record owing to the

she was the wife of iain stewart who was jailed for the murder of author helen bailey.dical imaging to diagnose and sometimes treat diseases within the body — then the whole service could collapse. that's the warning from the royal college of radiologists, which says a shortage of staff has led to growing delays for patients across the uk. and they say it could mean late hospital diagnoses and delayed scan results for some patients. 0ur health editor, hugh pym, reports. it's a vital part of the work of the nhs — scans to diagnose and check for a range of different conditions. but now there are warnings there are not enough experts to analyse them and patient care is being affected because of delays. carol is worried about her mother, maria, who is in constant pain because of swollen feet and ankles. 0ver six months, there have been a series of delays with scans and follow—up appointments, and it's still not clear what's causing the problem. you just can't get through to people. it's answerphones. you're just banging your head against a brick wall most of the time. i jus

iain watson, bbc news.ic raab is in brussels for the latest round of talks with the eu negotiator michel barnier. 0ur europe correspondent adam fleming is in brussels. what's on the agenda? the agenda looks very similar to all the other rounds of talks between dominic raab and michel barnier. the first is the withdrawal agreement that will seal the terms of the uk's divorce. there are still outstanding issues such as settling disputes arise as the result of that treaty and what about protection for regional products like champagne and cornish pasties, which might seem bizarre that that is still a sticking point but it is. and the really big sticking point which is how do you avoid the reintroduction of checks on the border in ireland if that cannot be sorted out as part of the future relationship. the future relationship. the future relationship is the second thing on the agenda and the date will be discussing the white paper published injuly by discussing the white paper published in july by the discussing

our political correspondent iain watson has the details.ll be speaking to liam fox, the international trade secretary later about this, but it is a really fascinating insight from those with no political leanings, if you like. that is right. it is about practicalities rather than politics. nhs providers represents hospitals through england and ambulance services and their letter has been sent to the chief executive of nhs england and to a body called nhs improvement, which effectively work in hospitals of. in the letter, they say the risk of a no deal situation is going to —— is becoming likely and has been radio from the nhs on this. in addition, they say it the risk to public services is real and in addition to that, they suggest that without national co—ordination could lead to a situation where we have those stockpiles and shortages of medicines after brexit. they say there are 229 different foundation trusts in england and they have been left to do their own thing, to do their planning in a vacuum without a proper national leadership a

our political correspondent iain watson is in westminsterfor us.gh what we are expected to hear in this beach? a great deal, actually. the opposition might not be pleased by it, but what the government is going to be doing is setting out the first 25 technical papers, looking at life after a no—deal brexit. we will get the idea that brexit affects every aspect of british life in these papers. everything from organic food production to the financial services sector with medical supplies and how farmers are paid in between. there will be quite a bit of detail, more than 100 pages of documents coming through. the political message is this, that what would speak businesses more than suggesting the prospects of a no deal is the prospects of a no deal is the prospect the government hasn't properly repaired for every eventuality. what they want to say is we have done our homework, we look at this. from dominic raab's point of view, it a remain campaigner in the campaign, he wants to tackle scare stories. he wants to say we are almost self—sufficient in bl

iain and then it is on the c.w. who are some of the thermal don't eat it with. this is left. because of the spider. he saw at the get a familiar look he so considerate of the moma. but for me to saw he could come on i hope he would kill before confused and done some of the funniest is clever when the clown one of the necessity on twinkie marriage i think i don't have to give us a deal exclude if one is out there north of his class fourteen fifty three. the holy war between christian dome and islam resulting in the muslims victory. constantinople the last remnant of the byzantine empire fell into the hands of the turks. an iron curtain now separated the christian mediterranean bank from the indies blocking the movement of slaves from the balkans. for christian europe and pursuing the conquest of the atlantic was now more necessary than ever. islam. christendom clash had reached their maid and the whole area where they had been acquiring slabs for slaves. was now christianized to islamicize there was only one region to head for africa becomes associated with slavery as a result

the director, iain morris, and joe thomas is the star. and i think you could call it in—tense. is a line. yes, it's very messy, very funny, though, if you are of the right age group, which sometimes, guilty, iam. i was not, but all of the 19—year—old men i went to the screening with were loving it. that is enough. and very nicely acted — choosing the positives. and dvd... if you're not going out to a tent or a festival, dvd, emily blunt, in a quiet place. post—apocalyptic film where if you make a sound the aliens who have invaded will come for you, so you have to be quiet and not say a word and get through it. her and her family sort of get through it. will they, won't they? she is also pregnant, giving birth, not something you want to do when there are aliens around . everybody i know who has seen it said it was absolutely gripping. again i'm a bit of a kick—in. yes, you can just about survive it — just don't scream. you have been warned! thank you very much. lovely to see you, jason, and that is it for this week. whatever you choose to watch, whatever you are brave enough for

i know you have an interview coming up with iain duncan smith and i'm sure you will ask him about theect of an earlier brexit. you could see further economic weakness in the u.k. and for the domestically focused stocks, that will not be quite so good. that dealmy hunt said would lead to short-term weakness in the pound. do you think that could be sustained? i think it would be hard to imagine starling retaining the current levels if we went into a no deal scenario. it's not clear at all what the uk's trading position would be, how companies actually could trade with their european counterparts post a no deal brexit. so we could see the pound going weaker. it's either 50-50 or 60-40 probability. manus: chris, thank you so much, chris ralph. take your opportunities where they come. he continues his conversation on bloomberg radio at 7:30 a.m. u.k. time, so stay tuned for that. let's get set up for the day ahead. we'll get the monetary policy decision from egypt's central bank. that will be an interesting one, given the inflation story there. and an investor call and that reassuring the

here's the bbc‘s iain watson. could we be facing a health emergency?ls, expressing concern about what will happen if britain leaves the eu without a deal. in the letter, nhs providers say that while. .. instead, hospitals are having to... and... a former health minister who backs a so—called "people's vote" on any brexit deal says he shares those concerns. drugs shortages, food shortages, medical equipment shortages, staff shortages. the only way out of this, given that this is going to happen in march next year, is to put this issue back to the people in another referendum. the labour leadership, though, aren't calling for a new referendum. they are claiming that the nhs could become a casualty of brexit. there has to be a ready supply of medicines both ways across europe, and i'm quite frightened of the idea that we have to stockpile medicines in the event of there being a no—deal brexit. today's meeting we saw did not show any significant progress. orat or at least they did not tell us about it. here's adam fleming in brussels. the unresolved issues

iain duncan smith said it was disgusting the germans would help the russians sell their gas this way.sly has his own political slant, as well. peter is going to stick with us. we talk about more that's going on in these markets. and it's something that are maybe coming to an end. the bailout program in greece, for example, is set to finish after a decade of crises. greece remains europe's most indebted nations. still, it's got a surplus every year. we'll discuss next. this is bloomberg. ♪ this isn't just any moving day. this is moving day with the best in-home wifi experience and millions of wifi hotspots to help you stay connected. and this is moving day with reliable service appointments in a two-hour window so you're up and running in no time. show me decorating shows. this is staying connected with xfinity to make moving... simple. easy. awesome. stay connected while you move with the best wifi experience and two-hour appointment windows. click, call or visit a store today. matt: 30 minutes into your trading. let's get your top headlines. good luck warns of a massive treasury shor

our political correspondent iain watson has the details. deal or no deal?ect every aspect of british life. today, the government released 25 papers on a wide range of issues examining what could happen if we fall out of the eu without a deal. amongst the questions that the government is trying to answer was what would happen to medical supplies, to nuclear research, to payments for farmers and to our major money earner — the financial services industry. but first and foremost, the brexit secretary wants to accentuate the positives. good morning, everyone. he said he expected to strike a strong deal with the eu but... naturally, we have got to consider the alternative possibility that the eu doesn't match our ambition and pragmatism, that we do not reach a deal. but let me be clear about this, it is not what we want and it is not what we expect. but we must be ready. we have a duty as a responsible government to plan for every eventuality. the paper set out some of the specific action the government would take in the event of a no deal. in the event of a no

iain watson is at westminster, tell us more iain watson is at westminster, tell us more about the row letter was supposed to be private, sent by nhs providers, a group which represents hospital trusts and anne boleyn services is sent to nhs bosses, chief executive of nhs england and nhs improvement that oversee the work of hospital trusts were sent a letter last friday, and in the letter, it said there has been radio silence, perhaps because of fears that it would lead to the press. certainly has done now! stark warnings: they say there has not been enough active national leadership on the issue of a no—deal brexit, the potential consequences of one, and they are suggesting that not only should there be greater communication but also, a danger that hospital trusts have been left effectively to their own devices, operating in a vacuum, they have got to make it up as they go along. and what that will lead to is inconsistencies in dealing with a scenario where there is no deal reached with the eu. we could have in some parts of the country stockpiles of medicines, in other parts, a short

we have heard from a couple of brexiteers, the former conservative leader iain duncan—smith, said thereanguage of project fear. he says that the treasury and the bank of england have struggled to understand how a no—deal brexit would essentially in his view be absolutely fine. he says we are just talking about a free—trade deal on world trade organisation rules. as nothing to worry about. peter bone says he thinks this is all part of a political campaign which is trying to painta political campaign which is trying to paint a picture in which any deal, no matter how bad, is worse than no deal. and he says that is just another example of project fear. studio: thanks very much indeed, tom barton at westminster. theresa may will interrupt her holiday in italy this afternoon to hold talks with the french president emmanuel macron about the brexit negotiations. she‘ll travel to his island retreat in the south of france — and there it‘s expected she‘ll urge the president to soften his stance on security and financial services ahead of a crucial summit of eu leaders in salzburg next month. our

our political correspondent iain watson has the details. deal or no deal?ct of british life. today, the government released 25 papers on a wide range of issues examining what could happen if they fall out of the eu without a deal. amongst the questions that the government is trying to answer was what would happen to medical supplies, to nuclear research, to payments for farmers and to our major money earner — the financial services industry. but first and foremost, the brexit secretary wants to accentuate the positives. good morning, everyone. he said he expected to strike a strong deal with the eu but... naturally, we have got to consider the alternative possibility that the eu doesn't match our ambition and pragmatism, that we do not reach a deal. but let me be clear about this, it is not what we want and it is not what we expect. but we must be ready. we have a duty as a responsible government to plan for every eventuality. the paper set out some of the specific action the government would take in the event of a no deal. to keep the health service suppli