let's take a listen to jean-claude dunker -- jean-claud juncker. >> this is the only way to lift the economic sanctions that have been imposed. markus: that was john kline juncker. jean-claude he was defending his decision to show up in st. petersburg. he said it was in the european union's interest to keep talking to russia. he was speaking to business leaders. some say it is time to phase out the sanctions. the russian economy saw a sharp contraction last year, contributed -- attributed to lower oil prices and the western sanctions. will hilderbrandt has more. will: russia's agriculture is flourishing, taking off one of the -- off once they banned west -- western food imports. beingus cheese substituted for russian equivalents. the wider economy is not doing as well. last year, it shrank 3.8% under pressure not only from international sanctions, but also low oil prices and high inflation. related effects such as reduced foreign investment and moscow's retaliatory -- >> the economy is looking like it as stabilized -- has stabilized. the oil prices up from $30 to $50. that makes a big

european commission president jean-claude juncker accused nigel farage of lying during the brexit campaignd. you did not tell the truth. you fabricated reality. enjoyed debating and sparring with you. i think we share the same sense of humor. you used to have a sense of humor, i still do. i find regrettable this will be the last debate because you will not be coming back. tolde: nigel farage lawmakers they have done well in closing poverty on greece and the rest of the mediterranean. mark: the brexit vote will have no immediate impact. rolls-royce is sticking to its forecast. the jet engine maker says underlying profit will be close to break even in the first half and business will pick up in the second six months. expanding its footprint in china. the german sporting goods company has signed an agreement toh lin's wonder group develop soccer and basketball. they will also sponsor ironman triathlon events this year. eliminateals will 2500 jobs and shut down factories in north carolina and japan as part of a revamped due to down taking control of dow corning, a joint venture that makes sili

eu commission president, jean claude juncker returned the favor. >> if we hadn't voted to leave -- >>: farage was here to gloat and be unrepentant. >> reporter: are you telling people you wish they were poorer and out of the e.u. than in the eu and richer. >> i say that i used to work in them. >> reporter: it appears to be happening. >> it's not happening. >> reporter: it is, and the european leaders trying to stop market volatility ending the uncertainty the market hates. if britain is going to go, they say, it should go now. not wait for david cameron's successor to be chosen in the fall as the the british want. the family photo, a ritual at these meetings was of a broken family. >> tomorrow, the eu leaders will meet to discuss their negotiating strategy for britain's exit and they're promising to be tough t the dinner tonight charlie is called david cameron's and britain's last supper. >> well done, mark. thanks. we'll be right back. >>> today ikea recalled 29 million dressers blamed for causing the deaths of at least six children. the dressers can tip if they're not attached to a

in fact one of them jean claud juncker said there is no reason to wait, i would like to get started immediately. but angela merkel was in pots dam this morning immediating with members of the conservative party here in germany and she was putting a calm face to it. saying the uk will remain a close partner with whom we are connected economically, share mutual guarantees as nato partners and are connected in other ways. so angela merkel has reacted and of course the foreign ministers from several other eu nations are here as well. >> you are going to hear nigel farage's reaction in the next hour. but first major american comp y companies exposed to the brexit drama. what you need to know about that. and forget the battle over there. hello welcome to holiday inn. running our own business, we've been traveling a lot. a hotel looking to help small businesses succeed is incredible. thank you. holiday inn is an extension of our team. book your next journey at holidayinn.com thank you. thank you. holiday inn is an extension of our team. ordering chinese food is a very predictable experience. i order b

jean-claude junker has said that -- >> the prime ministers of spain and -- >> i am sorry, we are british. we are better than that. bullied,t going to be charming though he may be, by jean-claude juncker. forget it. david cameron is campaigning for britain to remain in the eu. he says he wants to safeguard britain's special status, and if britain leaves, it will find itself stuck out of the cold. david cameron: if you love your country, you do not damage its economy. you do not restrict opportunities for young people. you do not i actually isolate your company -- your country and reduce its influence in the world. i do worry about scottish referendum if you leave. i am deeply patriotic and i think this is a case for a bigger, greater britain inside the european union. q&a,e: hours before the tv the wto's director general said if british businesses found themselves cut off from eu trade deals, they could have to pay billions in tariffs. genie: the deadline to register to vote in the referendum has come and gone, but british politicians have demanded would-be voters be given after time to register online. that is after the website crashed and thousands scrambled for a ballot just before

conference with the prime minister of the netherlands and the head of the european council, and jean-claude junckerhe head of the european commission. junker respects the decision and understands that prime minister cameron is asking for new time -- more time to hand over to a new prime minister. the next prime minister of the netherlands, i caught a couple of sentences. he said one that really struck me. he said the exit is a -- he said brexit is a fact. they want this to happen soon. they never wanted it in the first place, but now that the u.k. has asked for it they want to get on with it. david cameron in the last few minutes has said that there is no turning back on this process. no turning back on europe either. he says the dinner with the other leaders was one with sadness and regret. that there was constructive, positive, and calm discussion. this is the beginning of a long goodbye. everyone is focused on getting on with that. laura: the eu's meet tomorrow without britain. how historic is that? >> it has never happened before. we have never been in a situation where the european lost a memb

deleef, jean claude juncker, said he is very sad that britain decided to vote to leave. >> firstly, i'm very sad about this. the decision. but of course we have to respect it. this is an unprecedented situation, but we are united in selves. we will stand strong and uphold of e.u.'s core principles promoting peace and the well-being of its peoples. >> meanwhile, the president of the european council, donald tusk, sought to reassure all remaining members of the e.u. that contingency plans had been made for this very scenario. >> we want to reassure everyone that we are prepared for this negative scenario. today on behalf of the 27 leaders, i can say that we are determined to keep our unity as 27. i would also like to reassure you that there will be no legal vacuum. after the united kingdom formally leaves the european union, e.u. law will cannot -- continue to apply to and within the u.k., and by this i mean rights as well as obligations. >> the president of the european council, donald tusk, speaking there. we caught up with our correspondent in b brussels and started by asking her wheth

jean-claude juncker. or so ago, david cameron quite vociferously opposing to take up that leadership position. that's a motorcycle convoy as police moat sooik sxlz their sirens -- of course we have all these 27 plus one, david cameron, european leaders arriving here today. i think we're going to hear a lot of police motorcycles whistling back and forwards outside the european parliament buildings. but the point being that david cameron's time here in brussels today is not going to be a particularly easy one. potentially embarrassing when he goes in to meet the european commission president jean-claude juncker, whose presidency he so outspokenly didn't support a year ago. what we expect him to do is to explain to the european leaders why the vote in britain went the way it did and that will potentially lay some of the groundwork for the next prime minister to come along and shape what the new relationship with europe. but he will be pointing out some relationships that are pertinent to other european leade

. >> reporter: and eu commission president jean-claude juncker returned the favor. farage was here arct least in part, to dploat and to be unrepentant. you're telling people they would rather they were poorer and out of the eu than in the eu and richer. >> i'm telling people the scare stories about financial markets are complete and utter rubbish. >> reporter: except it appears to be happening. >> it's not happening. >> reporter: it is and the european leaders are trying to stop the market volatility by ending the uncertainty the market hates. if britain is going to go, they say, it should go now, not wait for david cameron's success the family photo was of a broken family. tomorrow the eu leaders will meet to discussing their negotiating strategy for britain's exit and they're promising to be tough. the dinner tonight is being called david cameron's and britain's last a meeting? it's a big one. too bad. we are double booked: diarrhea and abdominal pain. why don't you start without me? oh. yeah. if you're living with frequent, unpredictable diarrhea and ab