but jean-claude juncker doesn't seem so convinced. >> i want to reassure all those eu citizens in the uk who made their lives and homes in the uk that no one will have to leave we won't be seeing families split apart. this is a fair and serious offer. >> has theresa may stepped in the right direction? >> it's a step but the step is not sufficient >>> the irish government hailes the success of aib's ipo as a milestone, after the bank raises 3 billion euros spurring a rally across the sector. >>> china's csi index closes up over 3% despite the jitters around wanda and fosun amid reports china's regulator warned of their systemic risk >>> it's a clean bill of health for america's banks. all major lenders passing the federal reserve's latest stress test raising the prospect of a pick up in payouts to shareholders >>> fabulous to see you this friday we have a tired looking european equity market as well. i would suggest to you that despite the fact we had focus on commodities this week and today we'll spend time looking at the various final market stories around the world, certainly in tha

tone of the response from mr juncker? leaders alongside the leader, the president of the european commission mrjuncker giving barely lukewarm responses to theresa may's offer that she made to them last night over dinner here at them last night over dinner here at the eu summit. as they were arriving this morning, the austrian chancellor said it is a good first proposal but they need to invest much more in these ideas. we had seen a much more in these ideas. we had seen a tweet from the polish europe minister thing i appreciate the proposal but it is incomplete, it does not meet all eu requirements. so we think the same sort of thing being said again and again, which is thanks for the offer but it does not go far enough. eu leaders have not quite spelt out quite what their problem with the offer is that they all tend to do press conferences and briefings to journalists at the end of these summits so in the next couple of hours, i'm sure we will get a lot more detail aboutjust what they are not happy about. i suspect they w

lukewarm comments from donald tusk and jean-claude juncker? it's a bit tricky.se comments. but maybe there's around the cut off date, but it's a bit vague in this proposal that theresa may has hinted at. the cut—off date for people to be considered as citizens? exactly. whether it's sort of article 50, which was the trigger, in march this year, or the excellent day, which will be on march 2019. that is quite a substantial time period, quite a substantial time period, quite a substantial time period, quite a difference. perhaps something around who is going to police, or see that these rights are respected, would it be uk courts or european court of justice, respected, would it be uk courts or european court ofjustice, which the eu is insisting on? they want the ecj, the european court ofjustice, to oversee these rights for a long time, the uk government has said they can't accept that. so perhaps those are the objections that are behind donald tusk‘s and jean—claude juncker‘s comments. but on the face of it, this proposal does look fair. she, of course, is going

european commission president jean—claude juncker accorded insufficient and the head of the europeanonald tusk said that it was below eu expectations and risked worsening the situation of eu citizens currently living in the united kingdom. but mrs may described her plan as fair and serious. and she reiterated that no legal eu citizens would have to leave the uk after brexit. we will have a listen to what she had to say sharper, but first, let's wasn't too donald tusk and what he had to say about his concerns regarding her proposals. we have made our position clear. we wa nt to we have made our position clear. we want to ensure full rights for eu and uk citizens after brexit. our first impression is that the uk's offers below our expectations and that it risks worsening the situation of citizens. but it will be for our negotiating team to analyse the offer line by line once we receive it on paper. that was donald tusk speaking in brussels, and shortly after that news conference, the prime minister responded by saying that while there we re responded by saying that while there were dif

jones: it has basically been one of regret, like juncker said in his tweet, but also one of dismay. understand and the u.s. is sort of abdicating what they see as a responsibility on the part of the u.s., the second biggest polluter in the world, a responsibility to take the lead in trying to combat climate change. matt: tom, the biggest polluter in the world obviously is china. when you look at it per capita, they don't even near the level the u.s. does. what has the reaction been in that country to donald trump's withdrawal, in a country that has so many smog-covered cities like beijing? tom: surprisingly clear day today, but normally pollution a big issue in beijing. we've seen from state media supporting what premier li keqiang had to say in brussels, affirmation and confirming they are going to stick to the paris climate accord. for china's leadership, this is another void they are looking to fill. they are trying to do that with trade. they've got their one belt, one road project. no they've got climate change. the reality doesn't always match the rhetoric -- matt: jones, can

and jean—claude juncker was saying that it would be a matter of four former no—go stations.that in—line with george osborne, in fact, but both the liberal party and the liberal democrats —— labour party in the mould and congrats to say she should have made a unilateral guarantee our citizens rights, it would have been good for citizens in both eu and here and would have earned goodwill. they said she was still using eu citizens as bargaining chips and interestingly, the snp, nicola sturgeon, also said it was a disgrace that it has taken a year for the government to come forward with this proposal. ian, thank you very much. police investigating the fire at g re nfell tower police investigating the fire at grenfell tower had said it started ina grenfell tower had said it started in a fridge freezer and that inflation tests on the block have failed subsequently safety tests. they say that they had met hundreds of 909 holes on the night of the fire, some of them hours long and tiring. police say they are considering manslaughter charges on a number of offences. —— the calls we r

we heard from jean—claude juncker who said kaman, london, we are ready to negotiate.siness, but what you have not had here is any gloating or rubbing hands with glee at theresa may's political misfortune. this evening, there is worry misfortune. this evening, there is woi’i’y among misfortune. this evening, there is worry among eu leaders that a weak prime minister at downing street could make brexit negotiations even harder, and they care because it impacts lives in the eu too. katya adler, thank you. well, what impact has today's result had on the business and the city? the pound has fallen amid the uncertainty, though the weakness of the pound has boosted the ftse 100. let's talk to our business editor simonjack, predictable with today's result that the city would suffer a shock but is it likely to have a longer lasting impact? i think that business and finances is punch—drunk with politics at the moment. for many, this is the worst possible result. some businesses see this as weeks spent a valuable pre—brexit negotiation of prep time, to gaina pre—brexit negotiati

keqiang will meet european council president donald tusk and european commission head jean—claude juncker hoping to come up with an answer to donald trump's "america first" challenge. trade in goods between the eu and china is worth well over 1.5 billion euros a day. the eu is china's biggest trading partner, while china is the eu's second largest trading partner — after the united states. but the eu is worried about industrial overcapacity in china — most notably, in the steel sector. for example, in april this year the european commission increased anti—dumping duties on imports of hot—rolled flat steel products from china by up to 36% — much to beijing's anger. china invested four times as much in european businesses as european businesses did in china. with me is dr yujie, head of china foresight, lse ideas. there is likely to be some common ground as far as climate change and state m e nts ground as far as climate change and statements of intent regarding the paris agreement are concerned. but still some areas where there could be some friction? i would say it plenty of friction. tha

i think that we have a statement from jean—claude juncker. this is what he said.at we cab not experience further delay in the conclusions of the negotiations. first to agree on the divorce and the exit and the future of the negotiations. i hope that the result of the elections will have no major impact on the negotiations. we are desperately waiting for. well, what do we make of that? that very carefully worded message by jean—claude juncker. they are standing by, andy? slightly menacing, there, ithought. we know you are waiting. we are ready for you. it will be a big priority for theresa may to try to get the negotiations going in an orderly way. there is a plan and she will hope above all that she can get that going. the one thing she can rescue from this, if she was the prime minister to negotiate what was seen asa minister to negotiate what was seen as a successful negotiation, we may start to forget about the disastrous election campaign she's had. a thought before we join andrew neil it is surely the case that now that she is looking at the start of the talk

you also see the head of the ,ommission, jean-claude juncker also speaking.dlines from europe. we are awaiting german chancellor angela merkel to speak shortly. we also expect u.k. prime minister theresa made to speak. let's listen in to emmanuel macron. pres. macron: it is more than a symbol. it is work ethic and the willingness to work together. as a matter of fact, this goes back to our legacy. in a couple of days, we will of chancelloreral helmut kohl. conference ist even more important given that council spoke about different issues. on each of those with the same conviction or belief -- europe is our best protection against global challenges, the major disturbances or threats. france and germany work together cooperations this which is for our common good. we refer to our core commitment and europeanmate defenses. defendert offender -- of the paris climate agreement. fightprovement we have to terrorism online. we also will achieve major breakthroughs in the field of defense. toould like to pay tribute the european commitment. it will enable us to pool o

jean—claude juncker.have to offer a comparable deal for british nationals. i want to reassure all those eu citizens who are in the uk, who have made their lives and homes in the uk, that no one will have to leave. we won't be seeing families split apart. this is a fair and serious offer. i want to give those eu citizens in the uk certainty about the future of their lives, but i also want to see that certainty given to uk citizens living in the european union. of course, there will be details of this arrangement, which will be part of the negotiating process, but we've made what i believe is a very serious and fair offer that will give reassurance and confidence to eu citizens living in the united kingdom about their future. the government says samples of cladding from 11 high—rise buildings in england have been found to be combustible. safety checks have been carried out because of the grenfell tower fire. the the buildings across eight council areas including plymouth, manchester and camden in north lond

jean-claude juncker says there is no back sliding on the paris climate agreement. china and the european union have agreed on international solutions for clean energy and climate change. china and the european union are aligned for international solutions. nowhere is that more important than leading the global clean energy transition and the implementation. very strong words coming out of the eu china business summit. major disappointment over the fact that the u.s. under president trump has pulled out of the paris accord. e-mail the show, streetsignseurope@cnbc you can find us on twitter, streetsignseurope@cnbc and you can tweet me at @carolincnbc. >>> bill gates proposal for a robot tax has divided the tech community. we will hear arguments for and against regulating artificial intelligence. the future isn't silver suits and houses on mars, it's right now. think about it. we can push buttons and make cars appear out of thin air. find love anywhere. he's cute. and buy things from, well, everywhere. how? because our phones have evolved. so isn't it time our network

jean-claude juncker, the head of the european commissioner says he wants to get on with negotiationsp let's see what he said over the weekend. >> all the elections are important. not only in so-called big member states, but the one yesterday was of a particular importance i do strongly hope britain will stay ready to open negotiations. as far as the commission is concerned, we can open negotiations tomorrow morning at 9:30 so we are waiting for visitor s coming from london i hope we will not experience further delay in the conclusion of these negotiations. first we have to agree on the divorce and commit modalities and then envision the architecture of the relations. i hope the result of the elections will have no major impact on the negotiations we are desperately waiting for them >> jean-claude juncker says it is wait and see for the next week when the negotiations start. essentially it's business as usual in brussels. he and donald tusk and the eu head of foreign affairs meeting with the prime minister of macedonia, another troubled region of the european continent. it's the balka

dinner that michel barnier was at alongside jean—claude juncker. that is one way of looking at it.slowest vehicle, this is the most transparent side and the eu all along has been publishing edition papers, negotiating documents, that is because they have two and that is thatis because they have two and that is that is how they operate. they have to agree principles. they are the ones who set it. the uk will have to be just as ones who set it. the uk will have to bejust as responsible. there must bejust as responsible. there must bea bejust as responsible. there must be a mutually assured destruction clause there. whether that is allowed be published or not, or if the other side breaks the rules, there will be consequences. yes, i suppose the upside is that we will get lots of documents like this, the downside is that there will be fewer leaks from this place. i have a feeling you will have a lot of time on eurostar. the headlines on bbc news: the bbc understands that the man arrested for the finsbury park terror attack is darren osborne aged 47 from the cardiff area. he's being hel

the president of the european commission, jean-claude juncker, said the leaders realize the need for greater standardization in procurement if europe was going to approach the efficiency of the americans. today, thousands of family and friends gathered for the funeral warmbier, the student who just returned to united states from north korea. president trump said that while he appreciated the overall deal with china, the north korea, it hasn't worked out. a brief time ago i spoke to cohen.liam >> the alternative would to be to increase and intensify the sanctions with chinese companies doing business with north korea, going against other companies doing business with north korea, intensifying the pressure so you can't change the direction of the north korean regime, then you trying -- you try to bring change from within. it has to be economic and a severe economic sanctions. jane: there seems to be confusion coming from the messaging of the white house, because the secretary of defense is saying the same thing you are saying, but mr. trump seems to think china has no role in this. >>

that same man, jean-claude juncker, also said, look, if the u.s.s to step off the leadership stage here as far as climate is concerned, maybe china will want to move into that vacuum. state would have it the chinese prime minister is in europe right now, meeting with the economic powerhouse here with germany. and angela merkel had some pretty kind words for the chinese. listen to what she had to say. >> translator: i first want to say that i'm pleased that china stands by the commitments laid out in the climate change agreement. and especially with the visit to brussels that follows, it will be important that the cooperation of the european union with china in this area will play a crucial role, especially in regards to new technologies. >> you can really see when you follow the meetings that are going on right now between the europeans and the chinese how the chinese are really laying on the full court press, trying to woo the europeans to closer cooperation on especially the climate sector, also the indust industrial seblgt osector as well, somet

jean—claude juncker said today that most of the research and development was done at national level,that we could do together to save money and resources, and produce better results. why do we have 19 different types of tank when we could have one or two? we will come back to you in a minute. i have got a message saying: is nigel farage there? i saw him walking in and asked him what he made of how brexit is going. he said, it was a terrible idea to have that election. the decision has been taken and now it is being undermined. he is in brussels, still a member of the european parliament. keep the questions coming. safety officials are carrying out urgent checks on hundreds of high rise buildings across the uk to ensure there is no repeat of the fire which spread through grenfell tower. seven residential blocks in four local authority areas have been found to have cladding which could catch fire. panels are already being removed from some high rise blocks in north london. dozens of mps questioned the prime minister about the issue in the commons this morning, including this interventi

european commission president jean-claude juncker said the administration will have a hard time withdrawing. >> that is not how it works. the americans can't just leave the climate protection agreement. esther trump believes because he does not get close enough to the dossiers to fully understand them, it would take three to four years after the agreement came into force in november 2016 to leave the agreement. notion, "i am trump, i'm american, america first and i'm going to get out of it," that won't happen. amy: the guardian is reporting that china and the eu plan to forge an alliance to take a leading role in tackling climate change in response to trump's expected decision to pull out of the accord. the new alliance will reportedly focus on leading the energy transition toward a low-carbon economy. we'll have more on president trump and the paris accord after headadlines. in sri lanka, the dedeath toll s risen to 180 with nearly 600,000 people displaced amid the worst flooding in the country in the last 14 years. scientists have linked torrential rains and increased flooooding in sri la

jean—claude juncker. prisons? five. donald tusk. jean-claude juncker. schultz. this will bloom.ury, i hope you are on that. michael has agreed as chancellor. deputy pm charged with brexit negotiations. agreed as chancellor. deputy pm charged with brexit negotiationsm is all a bit close to the bone, isn't it? it is and joining us as you can see, actor will barton, who plays boris johnson, producer samir shah command directed justin who is with us this morning. nice to see you all, thank you for coming. will, i will start with you. quite a character to way and when you talk about boris johnson character to way and when you talk about borisjohnson character springs to mind. tell us about playing him. yeah, i mean, he is the first living person that i have actually played. i once played tony hancock in something but of course it's a dream to be cast as someone thatis it's a dream to be cast as someone that is such an effusive, over the top, has this over the top persona in reality, doesn't he? isn't it a bit intimidating because we are seeing in everyday on the tv so if you are gett

it was reported, i do not know if it is true, thatjean—claude juncker wanted her to call a snap election well, she doesn‘t have that, and when she gets here on thursday, and she will talk to them opel copy when the 27 leaders come together, she will have to explain how she will get this through the house of commons. —— talk to them over coffee. it will be about whether she sticks to the hardline of withdrawing from the customs union and the single market. on the conservatives side, there are some remainers who now says that the position has to soften, and there has been the suggestion that there will be discussion about brexit, but the deal that david davis has arrived with today does look very much like the deal they set out six months ago. 0k, christian, much more from you later in the afternoon, but for the time being thank you. let‘s over to westminster now to speak to liberal democrat sir vince cable, formerly the business secretary and the coalition government. good of you tojoin us, what are the coalition government. good of you to join us, what are your thoughts as the negotiatio

jean—claude juncker has said he's from tomorrow morning.. they don't have gleeful gloating at theresa may's political woes, because they are worried that a weak prime minister at number ten will make it harder to reach a brexit deal. and they care because whatever is decided will impact on lives, jobs and businesses and politics in the eu as well. we can get some more response now from the financial markets. they famously don't like uncertainty. our business editor simon jack is in the city of london for us. talk us through the response there today. the hung parliament result we got is the kind of certainty the markets famously hate and the pounds took a wobble. this in many ways is the worst possible outcome. they spent valuable weeks of pre—brexit negotiation, prep time spent trying to get a political mandate, a stronger political base that hasn't materialised. having said that, i can tell you that business secretary greg clark has had business leaders and lobby groups in today to listen to what they have to say. many of them said if, and

chinese premier li keqiang will meet eu president donald tusk and european commission head jean—claude junckerswer to donald trump's "america first" challenge. trade in goods between the eu and china is worth well over 1.5 billion euros a day. the eu is china's biggest trading partner, while china is the eu's second largest trading partner — after the united states. but the eu is worried about industrial overcapacity in china — most notably in the steel sector. for example, in april this year the european commission increased anti—dumping duties on imports of hot—rolled flat steel products from china by up to 36% — much to beijing's anger. china invested four times as much in the eu last year as european companies did in china. president donald trump is reportedly close to announcing that the us is to pull out of the 2015 paris climate deal. but it's thought that china's premier and the heads of the european union's main institutions are to deliver a strong statement in support of the deal. brazil may be about to announce the end of the country's worst recession in history. later today, it is

will meet european council president donald tusk and the head of the european commission jean—claude junckerier li keqiang will meet european council president they're looking at how they can counter donald trump's policy of putting america first. trade in goods between the eu and china is worth well over 1.5 billion euros a day. the eu is china's biggest trading partner, while china is the eu's second—largest trading partner after the united states. it all sounds complicated, but crucial to this negotiation. the eu is worried about industrial overcapacity in china — most notably in the steel sector. china invested four times as much in the eu last year as european companies did in china. meanwhile, eu investment in china fell for the second consecutive year — to 7.7 billion euros. chinese and eu leaders are hoping to agree a joint statement on the paris climate agreement, saying it is "an imperative more important than ever". that of course is widely seen as a rebuff to the us, as president trump looks set to announce the us will withdraw from the deal. with me is dr linda yueh, fellow in e

the head of the european commission, jean—claude juncker, has said china and the eu believe there canacksliding" on the paris climate change agreement. he was speaking at a joint forum in brussels with the chinese premier, li keqiang, a day after president trump announced the us was withdrawing from the accord. 0urjoint leadership provides business, investors and researchers both in europe, china and the world with the certainty they need to build a low carbon economy. and it makes a statement to the world, there's no reverse gear to the energy transition. there's no backsliding on the paris agreement. let's cross live to westminster now and out assistant political editor, norman smith. theresa may is getting sucked into this decision by donald trump in the sense that the lib dems and labour are criticising her heavily for, in their view, not lobbying the united states ha rd their view, not lobbying the united states hard enough before this decision was made and perhaps not being vocal enough in her criticism. particular anger i think over failure to sign this letter from other eu lea

the president of the european commission jean—claude juncker has criticised theresa may's proposals to saying they are first step but not sufficient. this morning mrs may described her plan as fair and serious. 0ur europe correspondent damian grammaticas reports from brussels. her opening gambit has been played, but will it be enough? last night, eu leaders listened to theresa may in silence. her plan for citizens' rights has had a lukewarm reception. i want to reassure all those eu citizens who are in the uk, who have made their lives and homes in the uk, that no one will have to leave. we won't be seeing families split apart. this is a fair and serious offer. but the eu doesn't appear to agree. the eu's own proposal already on the table is more generous to all the 4 million affected including the uk citizens who made their homes in eu countries. a step in the right direction? it's a step, but this step is not sufficient. eu plan is —— would not seek any current rights withdrawn from anyone. some are concerned theresa may's citizens would be worse off. is a good first proposal which i

but when jean—claude juncker starts demanding extra tens of billions from the uk, we need a tough negotiatored abroad. i know that again from my work as foreign secretary when she made an argument to a foreign country, that foreign country generally tended to agree. again that's what we need in agree. again that's what we need in a prime minister. and she's honest. and people are being made promises by other parties in this election that are not honest, that are not affordable. and we can see that. it's common sense to see, it's yorkshire common sense to spot that! so, ina yorkshire common sense to spot that! so, in a prime minister when you have got staying power, representing all the people, being calm and clear ina all the people, being calm and clear in a crisis, being a tough negotiator, being respected abroad and being honest, that's a pretty good combination, isn't it? we don't need to look for someone like that in this election, we've already got someone in this election, we've already got someone like that to be prime minister! applause. so, i give you this morning and i ask you to

alongsidea picture john paul juncker. what does he think when he sees these exit polls?is: i have no idea what he thinks it -- it depends what time of day it is, i suppose. >> 11:00 in brussels. >> does that make a difference? francis: our counterparts in the e.u. want to know who they are dealing with, what sort of hand the prime minister is going to have. theresa may? francis: i would think so, unless it turns out to be worse than this projection, i would expect her to be prime minister, of course. >> what does the market need to see in t next 24 hours to settle down? >> they need to see what the government is going to look like. head back to 2010. we did not have the brexit negotiations. we carried most of that election with the hung parliament. sterling reacted badly. you then have a period of consolidation were people waited to see what would happen. think we are going to have a weak -- >> thank you very much. more for u.k. trade. simon derrick. remember, the functionality you can use on your terminal. next, we go to europe for its take. ♪ ♪ >> good evening, welcome

juncker and others have hardly been courteous in language. they have been quick to say we need to carry on, get your house in order >> i think the wording is different. the wording from merkel is clear -- >> i didn't mention americaing merkel. i think she's been courteous >> we have to get to fix our problems now we want to continue on the european side, we have the russia and north africa what does that mean for defense and the fight against terrorism? the europeans want to go on with the structure. on the one side, great britain has to solve this problem, but we cannot wait until it is solved we have to continue. >> let us know what you think of these comments or anything else you're seeing on the show. e-mail the show, the address is streetsignseurope@cnbc.com you can also find us on twitter, streetsignseurope@cnbc and tweet me at @carolincnbc. >>> as the tech stock selloff drags the nasdaq to the worst two-day loss of the year, are the f.a.n.g.s fading we'll talk tech after the short break. ♪ track your pack. set a curfew, or two. make di

jean—claude juncker made the point that eu nations have around 19 different types of tang, and a us onlyngs more efficient. —— of tank. theresa may will say a few words at the end of dinner to update leaders on her position after the election, and to talk about the principles behind the offer she will make on the rights of eu citizens living in britain after brexit. adam, in brussels, thank you very much. the family of the man who died in a terror attack outside a mosque in north london say he was a gentle and peace—loving grandfather. makram ali, who was 51 and from haringey, was struck by a van in finsbury park on monday night. a post—mortem examination has found that he died from "multiple injuries". our home affairs correspondent, daniel sandford, reports. it now seems clear that makram ali was killed in the attack. his death from multiple injuries can only have been caused by the van. 51 years old, he moved to britain from bangladesh at the age of ten. he had six children and two grandchildren. we wish everyone to know what a lovely man he was. he spent his whole life without any en

actually been in contact on our site with the new taoiseach team and he will be meeting jean—claude juncker

because you were on the european trip, i want to run a piece of sound from jean-clau jean-claude juncker today. this goes there on donald trump. [ speaking foreign language ] >> even with the translation at the bottom of the screen, we get the point, we hear the audience laughing, the head of the eu mocking the american president. you were on the trip and in many ways, the trip is the backdrop for this decision. >> that's exactly right. he was subject to intense lobbying to stay in the deal while he was in nato, in brussels, while they were there by the way, he chastised the nato leaders in their house, in their brand-new house, about paying more for it and again at the g7. we heard from gary cohen later who said he was listening. only to return to the u.s. to hear that he is likely to withdraw. we shouldn't count on this until it escapes the president's lips tomorrow. let's remember nafta. there was all this reporting they were going to drop out. in the 11th hour push from candidate in mexico, stayed in. but this is a place where you're seeing other countries. you're seeing the leaders

direct criticism of president trump yet by a world leader, yesterday the head of the eu, jean-claude junckered trump's understanding of the paris climate accord, specifically the idea that america can't actually leave the agreement for years. >>> president trump has made a habit of making his spokespeople toe a line that he then undermines by refuting himself. today he got a taste of his own medicine because for months this has been his line on just who hacked the dnc and john podesta. >> i don't think anybody knows it was russia that broke into the dnc. she's saying russia, russia, russia, but i don't -- maybe it was. i mean it could be russia. but it could also be china. it could also be lots of other people. it also could be somebody sitting on their bed that weighs 400 pounds, okay? but i notice anytime anything wrong happens, they like to say, the russians. she doesn't know if it's the russians doing the hacking. maybe there is no hacking. as far as hacking, i think it was russia, but i think we also get hacked by other countries and other people. >> well, russia. but you know what? it

francine: this is not the noise coming out of jean-claude juncker.ain: these are people that have never run anything. what you are hearing is political nonsense. they said we have to insist the court of justice will hold sway over all the european citizens in the u.k. can you imagine if we said to the united states, all british citizens in the united states only have to the u.k. courts? you would have been laughed at. francine: these are rights that they had before. iain: what they had was, we were all part of the same justice system. we are not going to be. they have no right to demand that. francine: have been led to believe that depending on how many seats the tories win, that brexit will look different. do you tell me that brexit, whatever happens in the election next thursday, brexit won't change? iain: if the conservatives are elected, i don't think there is any difference. what she's looking for is a deal with the european union that keeps us friends, working on defense, but simply a separate state, but still cooperating within europe. if the

let's listen to what jaud claeae juncker said yesterday. >> translator: we explained to mr.good for the world or the united states if america were to literally step off the world stage. because the vacuum will be filled and the chinese are in prime position to take on a leadership role. >> he said that yesterday at a talk show in germany where he was asked specifically what would happen if the u.s. stepped away from that climate agreement. i think one of the things that we're seeing is that the europeans are saying, look, this would not only be bad for climate policy and that europe and asia, for instance, would remain committed to combating climate change, it would also generally be very bad for american dep ploimcy, for american foreign policy. european leaders saying, combating climate change is so central in politics in europe, it certainly would damage the united states. the chinese and the germans have said, we've designated future industries to combat climate change as one of the most important economic factors going forward. even germany, i was at a wind farm factory

china chinese premier, li keqiang, joined with european commission president jean claude juncker at an eu-china summit in brussels on friday in a show of solidarity. the former president of ireland, mary robinson, said trump's decision had turned the united states into a rogue state. former mexican president vincente fox tweeted that the "united states has stopped being the leader of the free world." on twitter, , critics noted that in 2009 the trump family, including donald trump, took out a full page ad in "the new york times" urging international action on climate change. following trump's announcement, landmarks in cities around the world were lit up green in support of the paris climate accocord. here in new york city demonstrators gathered near city , hall to protest. changeing about climate is an issue of economic justice. if trump thinks is going to undermine what we have been building here in new york city, he is wrong. >> climate justice. when we won it? >> now. >> my name is sean williams. you look at his executive order that he is signing and even with this paris accord and

that's according to jean claude juncker. he told an audience in berlin it would take the u.s. to fully withdraw from the treaty. that's because this 200-nation accord enjoins the u.s. to certain certain emissions commitments since obama signed it last november. he said the law is the law and everyone has to stick to it. not everything which is written in international treaties is fake news. you've got to stick to that. in the medium term, withdraw means the u.s. no longer has to reduce its 2005 emissions levels by 17% by 2020. that's one of the statutes in it. it releases the u.s. from having to reduce emissions up to 28% by 2025. that would, of course, carry serious consequences for the environment. there are foreign policy considerations here as well, ayman. in the longer term, experts say trump's withdraw from the paris accord wouldn't amount to a bold assertion of u.s. independence in power. instead, it may seed control of an emerging global climate regime to china and europe. climate change is likely to top the agenda today. china undoubtedly sees climate change as an iss

that sentiment was repeated today by jean claude juncker, the president of the european commission, whoongly criticized the idea of the u.s. walking away from the agreement: >> ( translated ): the americans can't just leave the climate protection agreement. so this notion "i am trump, i am american, america first" and i'm going to get out of it-- that won't happen. >> brangham: the original paris accord was signed by the obama administration, along with 195 other countries, back in 2015. it voluntarily commits those nations to decrease their carbon emissions to try and slow the rate of global warming. the goal was to keep additional warming below two degrees celsius, or 3.6 degrees farenheit. many scientists argue that warming beyond that level could have serious consequences-- global sea level rise, increased storms, heat-waves and droughts, and potential massive dislocation of people from low- lying nations. for months, president trump has been under pressure from competing interests. >> i'm hearing from a lot of people both ways. >> brangham: the president's daughter and adviser ivan

direct criticism of president trump yet by a world leader, yesterday the head of the eu, jean-claude junckers understanding of the paris climate accord, specifically the idea that america can't actually leave the agreement for years. there's nothing more than my vacation.me so when i need to book a hotel, i want someone who makes it easy. booking.com gets it. and with a book now, pay later feature, i don't have to pay for anything when i book. visit booking.com. booking.yeah. working on my feet all day gave me pain here. in my knees. so i stepped on this machine and got my number, which matched my dr. scholl's custom fit orthotic inserts. so i get immediate relief from my foot pain. my knee pain. find a machine at drscholls.com. >>> president trump has made a habit of making his spokespeople toe a line that he then undermines by refuting himself. today he got a taste of his own medicine because for months this has been his line on just who hacked the dnc and john podesta. >> i don't think anybody knows it was russia that broke into the dnc. she's saying russia, russia, russia, bu don't -- ma

jean claude juncker saying the u.k.lks, so the clock is still ticking and the longer we do not have a strong government the least likely that the u.k. gets a good deal. robin: it is so hard to see forward how this will play out. there is a hard end to this. if you put off the start, you really need to try to complete in two years because the rest of the e.u. has parliamentary elections and they cannot still have the u.k. in the you -- in the e.u. confusing the vote. while they might need a next her five to 10 days to get themselves in a row, i think -- leftmay left pretty a lot of wiggle room. she could get going quickly i think, after two to three days, to get the government going. tom: robin niblett and willem buiter with us. ,oming up on bloomberg daybreak sterling moving, not near the lows of 1.20, but getting there. stephen say well on the dynamics of pound sterling. from parliament, this is bloomberg. ♪ tom: good morning, everyone. from parliament and new york this morning, we welcome our worldwide audience to a s

the president of the european commission, jean—claude juncker, said he hoped there would be no furtherember states. this was of particular importance and i strongly hope that britain will stay ready to open negotiations and as far as the commission is concerned, we can open negotiations tomorrow morning at half past nine so we are waiting for visitors coming from london and i hope that we will not experience a further delay in the conclusion of these negotiations and first we have to agree on the default areas and we have to envisage the architecture of oui’ have to envisage the architecture of our future relations. i have to envisage the architecture of ourfuture relations. i hope that the result of the elections will have no major impact on the negotiations. we are desperately waiting for them. well, earlier today our europe correspondent, kevin connolly, sent this update. in brussels the brexit process was a lwa ys in brussels the brexit process was always viewed with a degree of mystification and frustration and the outcome of the election has served another layer of puzzlement. th

also today, the chinese premier continues his trip in europe with meetings with jean-claude juncker ine a.get gdp data something to watch for as they are mired in scandal. that is with president michel temer. we will keep you updated on the economy as well. back to china, that nation and the european union plan to commit to free trade and the paris climate accord in a sweeping rejection of president donald trump's protectionist policies. that is according to a joint draft statement that bloomberg got a hold of. ahead of the brussels meeting, angela merkel met with premier lee in berlin. joining us from berlin is alan editor., the government are we expecting merkel and lee to discuss that trade and the climate? are signing business deals as well. they have a lot of business to be done. they are arranged a long time in advance and will sensibly, it is ahead of the g-20 summit, which germany is boosting in hamburg and july. it is taking on a huge amount of added significance given the events of the weekend, g7, and the announcement that we are on climate change. so, free trade, but specif

theresa may has had meetings with eu leaders, donald tusk, and jean—claude juncker, face to leaders,laudejuncker, face to face meetings, that could have been awkward given her comments during the election campaign when she said some in the eu were trying to undermine her position but everyone is waiting to see what she says about citizens' rights, the offer she is to outline during dinner. the concern is that it will be lower than what the eu wants, which is all rights guaranteed. that theresa may will put an offer on the table that withdraws some of the rights. but asked in the light of the election result, could she be pushing for the brexit deal as she wanted before. today i'm setting out the uk's plans on how to propose to protect the rights of eu citizens and uk citizens as we leave the european union. but other issues on the agenda, such as counter—terrorism. 0ne agenda, such as counter—terrorism. one of the things i will be calling on with other yearn leaders is to do more working together to ensure we stop the spread of extremism online, to prevent terrorists from having a sa

premier will continue talks of european council president and european commission president jean-claude junckert, obtained by bloomberg, li recognized the importance in recognizing free-trade. it's due to take place of 11:15 a.m. u.k. time. germany corbyn has pledged to create more than one million quality jobs if his party wins next week's election. the plan would see a creation of a national investment bank to leverage finances. according to labor, that, coupled with regional development bank, will help create the new jobs. at least 36 bodies have been found in a casino in manila after a shooting incident by a loan goodman. courting to the bbc, local , most seem to have suffocated after the fire took place. the suspect killed himself. global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. you can find more stories at the bloomberg app. let's check in on the markets here. mood, leadingbeat the charge on both the nikkei. upso like the likes of cautioning some here given that the nikkei is at the 20,000 level. sayingave the hung headed for the

would my right honourable friend agree that the typically warm and constructive response from mr junckere vested interests of the eu institutions? well, as i said in my statement, the responses that i had from individual leaders in the european union was positive to the proposals that we were putting forward and i canjust cite the prime minister of poland in that, in her positive response to what was said andl her positive response to what was said and i think my honourable friend made an interesting point. to follow the member for north antrim, the prime minister‘s new governing party said they would seek to deliver a frictionless border with the republic of ireland and a comprehensive free trade and customs union with the european union. is it not the case that neither of these objectives can be secured if we leave the european union without a deal? i have to say to the honourable gentleman that the requirement, desire to bring about a frictionless border between northern ireland and ireland and the desire to have that free trade deal is what the government is pursuing. it's what we ha

juncker? is it an opportunity for europe to play harder ball with a weakened prime minister?they have been remarkably united so far. now there is a lot of uncertainty in the u.k. about what form the new government will take. this uncertainty will perhaps delay things. i do not think it will ultimately change the result unless the u.k. says, we do want to stay in that market. it then that is a game changer. this is a populist --ising, does this suggest the italian elections, more support than expected for that movement. what does it mean for europe? if you have these anti-e.u. governments in london and rome? >> i would not call it yet anti-e.u. government. you cannot draw one lesson here. trendsre global populist . hasno populist government taken over on the continent. german elections, you will see a renewal of the german engine, which is so essential for european integration. that will get moving again. overall, we can say europe is in a better position than it was one year ago. we just got pictures of theresa may, just driving on the that is the magnet leisure center in mai