european union, john claude —— jean-claude juncker. the only possible deal. so if the hosts would say no, we would have no deal. it is not the intention of the prime minister, nor the cabinet were parliament to go for a second referendum. this is the deal. this is the deal. and you are trying to help the pragmatist or sell it by saying this is the best deal possible, but surely it can't be —— can't be the best built possible, because her from the can't be the best built possible, because herfrom the beginning can't be the best built possible, because her from the beginning you and other eu leaders say it had to be very clear in this deal that life on the outside cannot be as good a lwa ys on the outside cannot be as good always on the inside? if you're out, you're out, you are not part of the decision—making process. by the way, this is a very sad moment for the eu and uk. and we'll discover in the future why i am saying today that this is a sad moment, i'm not happy, but i'm happy we have a deal. there isa but i'm happy we have a deal

guy: we saw theresa may and john claude arm in arm as theresa may arrived in brussels.. at least they were smiling. let's address the issue them a readjust brought up -- the issue that maria just brought up. angela merkel pouring cold water on it. will it happen or not? >> let's remember, it doesn't hurt theresa may to have the e.u. pushing back because since that withdrawal agreement was announced, we have been hearing what a win it was for the u.k. so to have the perception of the e.u. saying, we are not really happy with this and we could ask for a little more, helps may because she can go to her parliament at home and say, this is a really fine balanced thing and i don't have a lot of room. the other thing that helps me is the perception that it can fall apart and go to the wire. whether or not the summit happens, the longer she can string parliament along, the better chances she has of trying to pull some people over to her side. it is still a big ask. taylor: maria, you mentioned that john claude was under pressure and theresa may was under pressure. can you expla

candidate to run for the job of commission president he's now the front runner to take over from john claude younger in many ways he is a surprise choice not only does he have little government experience he is also a staunch conservative. a german heading up the european commission that prospect came a step closer to reality this afternoon manfred weber's will be the lead candidate for the european conservatives in next year's euro elections the berrien conservative veteran won a decisive victory over his finnish rival alexander stubb. when you're elected with nearly eighty percent of the vote it puts you in a strong position to take on the responsibility to want to make people in office that we have a clear idea of where we want to lead europe watching us this favors platform is a conservative one playing up the importance of homeland and his christian roots he had been criticised for preaching european values while not calling for the stridently anti e.u. one carrion premier victim to be thrown out of the party that no longer seems to be an issue. has made a brilliant speech bridging the

commission president john claude young saying that this is the only deal possible so from a british perspective does that mean it's this deal or no deal. i think he also said that in order to help three's a mate to get this deal through parliament from any you can a spectacle of cause they don't want to get on for many more months just to new renegotiate this withdrawal deal but we also know that m.p.'s are really plotting there are some within reason mazed conservative party who see this deal as dangerous and some of them even though they want bricks and have said well it's really worse than staying in the e.u. so they are plotting to get even chop a deal and and maybe also have no deal this is to raise it may strum cause you know start a lot of m.p.'s don't want to crash out of the un stand here at the end of march next year and and fall into the habit so to speak so that's had trump card she says this is the ideal no deal but then there are other companies who think well maybe they can just about manage to get a second referendum and try and reverse the decision or get a general election and

chief john claude juncker she's trying to hammer out the text of a draft deal governing her country's future relationship with the e.u. but a two hour meeting behind closed doors only yielded a pledge to talk more we've had a very good meeting this evening we've made further progress and as a result we've given sufficient direction to our negotiators i hope for them to be able to resolve the remaining issues and that work will start immediately i now plan to return for further meetings including with president on saturday to discuss how we can bring to a conclusion this process and bring it to a conclusion in the interests of all our people. by fighting for a better deal in brussels may could boost her chances of winning parliamentary approval for her plan before meeting with junker she get made her case to skeptical lawmakers at home. if you look at the alternative to having that deal with the european union it will either be more uncertainty more division or it could risk no brics it recent polls show that actually a cost majority of people would like no. the prime minister didn't j

us that's let's move forward with this document we also just heard michel barnier we also heard john claude they're all in essence sending out a message of support is it not for theresa may. absolutely i mean it's in the vital interest of the european union that there will be an orderly bracks it they believe it is a lose lose scenario anyways but they would like to have as little damage as possible basically the e.u. is in damage control mode and and so they'll they'll have to see how things now really work out on the u.k. side when it comes to is there more wiggle room a lot of leaders today have said including the austrian chancellor calls for instance there is no leeway this is the offer is now on the table there are red lines we will not step across them this is the deal basically the message being take it or leave it take it or leave it at best a message. the survey will take with her to the u.k. parliament john burke you've been following the negotiations for quite some time how will this play out in the u.k. now i've been asked and they'll probably leave it i would say at the moment

seven meeting could eventually be a thing of the past european commission president john claude younker thinks none of the e.u. member states will be part of the group by mid century saying the writing is on the wall for europe's economic might. three are losing economic weight in the next coming decades their role in small us twenty two twenty three percent to do you to be fifteen sixteen seventeen percent to twenty years in thirty years and a single member of the european union will be a member of the do seventh form of demography the few we are losing weight to put in front of the g seven is composed of the seven most industrial advanced countries which meet anyone to discuss global economic policy the first summit was held back in one thousand nine hundred five combined the group's members represent approximately half of the world's well. journalist look at rivera told us that he thinks the younger is correct about the e.u.'s economic decline. is the incur as always been very provocative it's his way and all and frankly ease right on obviously we will lose weight that's written in t

candidate to run for the job of commission president he's now the front runner to take over from john claude younger in many ways he is a surprise choice not only does he have little government experience he is also a staunch conservative. a german heading up the european commission that prospect came a step closer to reality this afternoon manfred faber will be the lead candidate for the european conservatives in next year's euro elections the berrien conservative veteran won a decisive victory over his finnish rival alexander stubb. when you're elected with nearly eighty percent of the vote it puts you in a strong position to take on the responsibility to want to make people an offer that we have a clear idea of where we want to lead europe watching us. favors platform is a conservative one playing up the importance of homeland and his christian roots he had been criticized for preaching european values while not calling for the stridently anti e.u. hung garion premier victor to be thrown out of the party that no longer seems to be an issue. has made a brilliant speech bridging the need fo

at the moment who would vote against her deal stands at ninety now if you commission president john claude young he made it clear that there would be no renegotiations of the break the deal let's have a listen. i'm invited to go. to work if i just did you know i was of comes to say. this is the best move for which i'm just the best to push a button for europe just. due course. barbara you doing theresa may any favors making statements like we just heard there from the commission president. they're trying their best because they're trying to help her sell the deal in the way that she needs to say to everybody around here in britain listen this whole idea about going back and renegotiating as labor for instance constantly repeats it it's a dream it will not happen however nobody at home here in britain listens it seemed just a few hours yesterday and now we have to go back and we have to somehow do something else in her own party in her own cabinet even if there is now a small group of remainders trying for rebellion after the deal has failed in parliament and they say they want then to go f

well we heard john claude younger that you commission president earlier making it clear that there would be no renegotiations of the braggs deal let's have a listen. i'm invited to go. to work if i just did in the house of commons to throw this in consideration this is the best. the best could push a button for europe. didn't. you commission president john budd younger there will barbara are you officials doing theresa me any favors with statements like that. you know they are trying to help for in fact because what they want is to set of get this deal over the hurdles in order to avoid damaging no deal exit off britain from the european union and to resume a of course it grabs teach she grabs this argument and says to her own lawmakers listen folks this is your only chance this is all that's on the table box do they listen no because immediately just an hour or so after the summit in brussels had to end yesterday everybody jumped up again and said no we want something else labor said we want to renegotiate a different deal there has to be something else if people in her own party the ha

control over fiscal policy how we come to a position of agreement on that we've seen comments from john claude younker the christian president and also from mario draghi on the fact that requires more europe and yet this is a time when popularist claiming electoral victories on the mandate of less europe that is the circle that needs to be closed all right good to speak with you simon french thanks for being with us my pleasure now as of this month u.s. sanctions on iran have slapped back into place and they're aimed right at the heart of the islamic republic's economy and oil but one business in particular believes it is virtually sanction proof the growers and traders of saffron samus ravi reports from top but it has in north eastern iran. saffron doesn't need much water to grow so traders are encouraging farmers dealing with nearly a decade of drought to swap crops the farm to table process can be labor intensive delicate work but in the end it's a lucrative. ninety percent of iran saffron is exported and a kilogram can sell her around fifteen hundred dollars the spices a key ingredient in

control over fiscal policy how we come to a position of agreement on that we've seen comments from john claude younker the commission president and also from mario draghi on the fact that requires more europe and yet this is a time when popularist claiming electoral victories on the mandate of less europe that is the circle that needs to be closed all right good to speak with you simon french thanks for being with us my pleasure now as of this month u.s. sanctions on iran have slapped back into place and they're aimed right at the heart of the islamic republic's economy and oil but one business in particular believes it is virtually sanction proof the growers and traders of saffron samus ravi reports from top but it has in north eastern iran. saffron doesn't need much water to grow so traders are encouraging farmers dealing with nearly a decade of drought to swap crops the farm to table process can be labor intensive delicate work but in the end it's a lucrative. ninety percent of iran saffron is exported and a kilogram can sell her around fifteen hundred dollars the spices a key ingredient in

editor has an exclusive interview now with young —— john claudejuncker, interview now with young —— john claudelear that the deal is the only one on offer to the uk. this is the deal, this is the deal. i will never change my mind day after day, this is the best deal possible for britain. and this is the only deal possible, so if the hosts would say no, we would have no deal. you sent to me right at the beginning of this process that you felt it would be a sad process, you also said that somehow it felt like also said that somehow it felt like a failure with yellow everyone is losing in this. but is a failure on the uk's part? year after year, month after month, day after day, the membership in the eu is the best thing for the british citizens. so i don‘t think that the european union is guilty for the result, it is the responsibility of britain, and only a britain, nobody else. john, they said the best outcome for all concerned would be if the uk remain in the eu, but given that was not going to happen, he said the draft agreement was the best option. i've a lwa ys agreement was the best option

from the eu side, it was not just john claude juncker and michel barnier speaking.e including the prime minister of the netherlands saying if there was anything better, theresa may would have gotten, she would .ave done so even so we have to listen to jean-claude juncker. this is the only deal. if there is a no vote, people will be instantly disappointed. angela merkel saying she was sad about the brexit divorce. theresa may said, actually, i am not sad. she did not answer questions from reporters about what happens at the deal does not pass. will you step down, for example. this is a strong possibility to the extent that we know the conservatives in her own party, the eurosceptics, already feel this is not the right deal because it keeps the eu potentially under the u.k.'s orbit. they are ready to check it out right away -- chuck it out right away. >> a few weeks of negotiations according to the prime minister. kathleen, thank you. gavin harry still with us. -- parry still with us. are we closer to a revolution? -- a resolution? >> there are a lot of headwinds ahea

therese m -- theresa may meeting with john claude yunker.wiped by all this. is there a risk that this will not be a rubber stamp meeting? david: we will see market reaction if it is not rubberstamped, quite badly, with think. wholesale price inflation, that is what we want to watch at the start of next week. yvonne: this big one, too. jay powell speaking to the economic club of new york. after the vice chair, richard clarida, sitting a dovish tilted his comments earlier this week that perhaps, we will see if powell will hit the record not.ight, stay dovish or ge david: and president trump meets president xi at the g20. speaking of a battle royale. yvonne: a round of golf that is like a battle royale. up for a $9ing million winner take all showdown. a lot of emphasis on the hype about all this, marketing, everyone getting their eyeballs glued to the tv screen, too. what this iss on set to be, massive numbers. let's listen in. >> wagering is part of what we do in the game of golf. it's just enough to make it uncomfortable or make you think abo

european union is on that path as well and we have to stress the initiative taken by the commission, john claude younger and thanks to these initiatives, that we are being successful but we have to get the people of europe behind it. if we're talking about methodology, then colleagues i think rex it has shown us that this whole argument that i want to have my sovereignty back works. it's very fruitful and i think we need a new approach. we have to take a look at this, build a bridge between the decision-making process and the people and we don't, there's not a question of having the franco german access . and this represents the european political map. it's the theresa from greece, we've got ebt, we've got all the political parties movements represented here when we take decisions, when we discussed this in the heart of european democracy, there are consequences and only a few months ago we were talking about various views, we know that negotiations are going to be difficult in the future. and we have to take the kind of decisions across parties and show decisiveness across parties. that we have

brexit negotiators working through the night in brussels after theresa may and john paul juncker's -- jean-claude juncker said they made progress. the text must be finalized thursday or a plan summit friday would be called off. warned -- madee point that has been by a number of my colleagues in relation to the vote that will come before this house, a isningful vote on the deal, very simple. if you look at the alternative to having that deal with the european union, it will either be more uncertainty, or could risk no brexit at all. productionabian oil surged to a record 11 million barrels a day as demand climbed and supplies from iran was disrupted. they say this was due to a drawdown from overseas inventory. producers in the permian basin are expected to raise outputs even further. global news tweet four hours a day. powered by more than 2700 journalists and analysts in 120 countries. this is bloomberg. let's get back to the markets. tentative rebound on wall street. toan investors, are we going take it and run with it or not be convinced? you take into account these volumes that are lower. has

john mchugh. i saw it for ben's uncle your guy has shown claude he said four years ago a united european army would show the world that there will never be another war between european countries. it would not be an army against nature i mean really. rather it could serve as a useful complementary force tonight's has been no one intends to question the classic alliances want hundred myself one day in strasbourg was listening to the chance of this speech was welcomed max i'm with lots of applause that but there are lots of heckling as well for this idea of a european army the idea is not new but it is contentious both within and without the european parliament. and it's the first time that the german chancellor puts her weight behind the idea before her was a minor about call and he felt the wrath of the u.s. president because of it he doesn't think that's a great idea and he by the way retreated something today criticizing the european army but you don't have to look as far as the united states to find countries that criticize this idea basically those countries who think that brussels is overreachi

john colejunker has —— jean claude junker has written to donald tusk.alfor the uk is british people. a good dealfor the ukisa british people. a good dealfor the uk is a good dealfor the eu as well. robert. prime minister, you have said that your deal is in the national interest but your party is deeply divided on it. perhaps more divided than any of us have ever seen. are you prepared to risk the break—up of your party to deliver the deal you believe in? as i've just believe in? as i'vejust said in believe in? as i've just said in answer to an earlier question, mps have been debating how best to deliver on the results of the referendum ever since the result took place. i think what the result took place. i think what the british people want us to do and what mps will do when it comes to the vote in the house of commons is focused on the fact that people have voted to leave and focus on how we do that in a way that is good for the united kingdom. i am committed as prime minister to bringing the best deal that for the united kingdom. that is what i'm goin

john kline juncker is meeting with the prime minister of the u.k. in brussels -- jean-claudeting with the prime minister of the u.k. in brussels. theresa may will return to brussels on saturday. may will meet with jean-claude juncker again on saturday, and the key eu summit is on sunday. -- from new york and london, this is bloomberg. ♪ scarlet: black friday is more than just shopping in college football. for golf fans, it will be a meeting of the titans. tiger woods and phil mickelson tee off in las vegas in the first of its kind pay-per-view event. vonnie quinn spoke with both golfers. >> i think it is an interval part of the game. gambling has always been part of our game, whether we like it or not. we have always embraced it in how we have taken chances on a golf course, whether it is a weekend round with buddies or a practice round on tour. we are always trying to have a little bit of an edge and have a little bit of fun. the side challenges will be fun, yes, but their pressure packed. this is for a lot of money. and it is a lot of fun, and it is right at that moment. wa

john watson there. theresa may is on her way to brussels this afternoon to meet the european commisison president, jean—claudend what the future framework might look like with our reality check correspondence chris morris. thank you for being with us. so the political declaration — we presume that'll be the focus of the pm's talks with jean claude juncker in brussels this afternoon. remind us what it is. we have the draft withdrawal agreement, 580 pages, alongside it isa agreement, 580 pages, alongside it is a relatively short political declaration, maybe about 20 pages, not sure. it is not binding order legal, that could change. it basically sets out the basis for the whole future relationship. formal negotiations on that cannot begin until after we are due to leave, the 29th of march 2019 if brexit on schedule. 0ne 29th of march 2019 if brexit on schedule. one thing everybody wants to know is what will the trading relationship be in the future. the outline of the declaration talks about a comprehensive free trade agreement. 0ne about a comprehensive free trade agreement. one of the controversial beds will b

john hodge unger has said they will not. you have to disable it —— my coat distinguish between the two parts agreed yesterday two jean—claude for northern ireland, which incidentally is only required because the prime minister made the mistake of saying we are leaving the customs union and single market and the moment you do that you create a problem in northern ireland and put at risk the frictionless trait on which a lot of british industry depends. the truth is that i'm sure that if parliament or the government we re that if parliament or the government were to take a different approach, it would be possible to amend the political declaration because that is separate from the withdrawal agreement. when europe says that's it, they are really talking about the withdrawal agreement. if there isa the withdrawal agreement. if there is a change in britain then i have no doubt from the discussions we have had as a select committee with michel barnier that they would welcome greater clarity from the uk about what kind of future economic relationship we want rather than this menu of options which leaves us with no idea which one

chief john claude juncker stressed the e.u. would remain partners and friends with britain. prime minister to resign may now faces an uphill fight to get the plan approved in parliament. in uganda divers have for treif thirty one bodies after a boat capsized on like victoria dozens more feared dead the vessel was on a routine pleasure cruise and believed to be overcrowded with nearly one hundred passengers when it sank on saturday evening at least twenty seven people were rescued. the u.s. border patrol has shut a busy crossing between california and tijuana after hundreds of central american migrants push possible ok.d. of mexican police standing guard the migrants want to pressure the u.s. to hear their asylum claims. in another area u.s. agents fired tear gas at some migrants trying to preach a border fence. kickoff i saw how it was. ours was the best. the best place for. the best go. in this legal highlights. because g.w. . it's a time for won't sing rather than debating a german president trying focused on my own at the capitol most important social event the press fall