it's a shut down united kingdom. about theee headlines possibility of food insecurity, supply chains getting disrupted. i don't want to sensationalize that. we do not hear of food shortages. we do not hear about disruptions that are massive at this point. it raises this concerned that we are not out of the woods yet. and the mayor of london said today to extend briggs it, move the talks out. of the year a few years ago. it's a book that is aged well. the age of oversupply. daniel, it's been an extraordinary year. everyone wants to forget. 2021, where iso the output gap? where are the dynamics of oversupply? recentlyhat we've seen is a resurgence in the imports from china and other countries. what we haven't seen is manufacturing, production in general. when i look at the import export data, it's fascinating to me how much we are reliant on oversupply and at the worst possible time when the labor force. tom: many of us have projects for 2020 that we have not accomplished. together a terrific analysis of the labor dyna

the list of countries closing their borders to the united kingdom is growing this is over fears of a new coronavirus strain u.k. prime minister boris johnson will chair in emergency response meeting on monday the new coronavirus variant is believed to be up to 70 percent more transmissible than current strengths let's go live to london which is a hot spot in the u.k. our correspondents shut it was dusty is that you know well it's not looking good for the you can't terms of travel people trying to get away or get home for christmas e.u. countries closing their doors it seems. well 2 days after boris johnson the prime minister announced his latest set of restrictions it's almost as though the united kingdom is plummeting into chaos of course that also comes with the news that there's a more transmissible version of $900.00 out there is also known as this super strand and so as a result countries that neighbor the united kingdom have not quite gone to the extent of shutting the borders down entirely they're doing all they can very extreme measures to try and contain this new strain of 1

and to our friends in the united kingdom i want to say parting is such sweet sorrow. but to use a line from t.s. eliot's what we call the beginning itself and the end and to make an end is to make a beginning. so to all europeans i say it is time to leave rex and behind our future is made and europe thank you so much our u.k. prime minister barak's chance and welcome the agreement has fantastic news he played up the strong relationship between the u.k. and the european union relationship that he promised would continue and so i say again directly to our e.u. friends and partners i think this deal means a new stability and a new certainty in what has sometimes been a fractious and difficult relationship we will be your friend your ally your supporter and indeed never let it be forgotten your number one market because although we've left the e.u. this country will remain culturally emotionally historically strategically geologically attached to europe not least of course through the 4000000 in you nationals who have requested to settle in the u.k. over the past 4 years

you do united kingdom neve in the e.u. with or without a deal is around 10 days away and there hasn't been a deal as of yet and they have been caused by opposition m.p.'s of parliamentarians calling on the government to extend that transition period because the united kingdom left the e.u. but have been avoiding by e.u. rules from january the 31st that deadline is the end of this year and there hasn't been a deal yet and urging the government to ask for extension to ask rick. extension of that transition period so the country can concentrate on battling the pandemic and come back. later time that's the sort of us will be coming back to have more common goals we hear what the british prime minister has to say in a little while thank you well let's take a close look at the 30 or so countries and territories which are imposed bans all restrictions on u.k. transport the list includes european neighbors like france island and germany and places further afield at hong kong israel and china now the bans last from a minimum of 48

right now, we consider this serious mess in the united kingdom. maria tadeo will join us from brussels in a minute. we are thrilled to bring you david merritt, bloomberg news senior executive editor, truly experienced on the logistics and how it links into the government as well. they will be a so-called cobra meeting today with the prime minister. what does the prime minister hope to accomplish? we are waiting to see what comes out of that meeting. the cobra committee only convenes at moments of crisis. the level of this real sense of chaos is engulfing the country this morning after a very dramatic weekend with the admission this new strain was ripping through london and the southeast of england at an alarming rate. an emergency lockdown in the shopsl city, with closed and people told to stay at home. over the weekend, european nations lining up to shut the door on travelers. -- in the united states is hostile -- the real constraint in the united states is hospitalizations. is the real constraint for the government there hospitalizations? have:

and not to bring it to their shores now france's freezed transport links with the united kingdom for at least a 48 hours germany is not quite following suit but all travel is being banned and suspended until december 31st that's followed by many countries both within europe and outside europe including the netherlands belgium and italy and further afield canada colombia and saudi arabia with that list of countries growing by the minute for thousands of people both sides of the english channel are struggling to get back home in time for christmas i live in paris and i always was with my family i'm heading back to france to see my family couldn't see for more than 4 months just to do with my family and for. everybody to view my name is meant to be evening. but they sent me a text at like 2 o'clock this afternoon saying a train's been cancelled you have to get out of the country now basically if you want to go there was a glimmer of hope there from the prime minister a few weeks ago when he promised brits that they could celebrate christmas with their loved ones at least for around 4 or

boris johnson has signed off on the brics a trade deal between the european union and the united kingdom the e.u.'s top officials earlier put their signatures to the accord and brussels it lays out the terms of the new relationship between the e.u. and the u.k. and goes into force on new year's day. you could get the impression the british prime minister just wanted to sign it as quickly as possible. after putting his name to the more than $1000.00 pages of complicated legal language parse johnson seemed upbeat. thank you very much everybody that i wanted runs down. the treaty that i just saw the end. beginning and i think the beginning of what will be a wonderful relationship between the u.k. and britain bought this in the thank you both with us today number 10 here it is but if. i may the question you ask yourself is if i was. yes is this the deal this country. to get their heads around a document like this members of parliament would usually require months but the british lower house pushed it through and just half a day $5218073.00 voted against the deal which by fishley puts an end

all european countries the united kingdom but also the united states where you have something close to 2 feet then that's the reason why the 3 should come back unfortunately she's bored by it was the media age in 1942 i consider the forces around mackley and my reason we've created a mass the 1st we're going to be the country control this year where the jobs. are lost for an hour from the newsroom for me in the studio but the programs keep on rolling here in our take out to show in moments that i'll be here again in just over 30 hope you'll join me then. an entire village in alaska has had to move if another country trying to wipe out an american town. we do everything in our power to protect the. want of a escaping climate change poses the same threat right now alaska does seem some of the fastest coastal erosion in the world we lost about 30 feet. 35 feet of ground in just about 3 months while we were measuring. is fast and means the river is 35 closer than how big was 4 i think we're part of earth from. is your media a reflection of reality. in a world transformed. what will make yo

to help and not a moment too soon this week vaccinations against covert started across the united kingdom where the 4 administrations are all struggling with containing the virus while sustaining the according in england open puts core of voters broken nights in the ranks of the governing conservative party and public dissent was reflected in ugly scenes in the streets of london the weekend before last. the national loped and england has come to an end i've been a place by an atheist system which keeps a vast majority of the country and effective loctite but while in england scotland and northern ireland new court cases seem to stabilized in wales they continue to increase even with the 4 governments have preached to a joint approach to the 5 days of christmas relaxation that is substantial control prosy with many scientists warning that the human cost of christmas celebrations later this month could be high in john u.t. unfair pretty to take we asked 2 top experts how things are shaping up for the festive period and whether to sensible or foolhardy to permit such celebrations and we ask

is plummeting into chaos countries that neighbor united kingdom have not quite gone to the extent of shutting the borders down entirely they're doing all they can very extreme measures to try and contain this new strand of covert 900 in the united kingdom and not to bring it to their shores now france has freezed transport links with the united kingdom for at least 48 hours germany is not quite following suit but all travel is being banned and suspended until december 31st that's followed by many countries both within europe and outside europe including the netherlands belgium and italy and further afield canada colombia and rabiah with that list of countries growing by the minute for thousands of people both sides of the english channel are struggling to get back home in time for christmas i live in paris i go with. my family i'm heading back to france to see my family couldn't see for more than 4 months just to visit my family and. my. evening. but they sent me a text like 2 o'clock this afternoon saying a train's been cancelled you have to get out of the country now basically if y

very much the week of the vaccine the 1st no being the approved arm deployed in the united kingdom 2 more coming up in russia where this vaccine has been ruled out and china seems to have not one but through both seasons saw chris murphy over the man who predicted at the start of the year that the pandemic was coming on this program could you know tell us it's coming to an end. i hope so i think this is a wonderful triumph for science isn't it here we are less than a year after we 1st discovered this virus existed and we've got the genetic code we've understood it's biology and now scientists have invented not one but possibly 40 different vaccines there are 3 which are nearing the finishing line in the u.k. this is really exciting and not just really exciting science but really exciting medicine these things look to be very very effective let's hope they're really really effective in the really long term but for now if we can carry on this trajectory then yes i think this is boris johnson said is the beginning of the end look at beal a different position than the average to publicly

comes to the effectivity of it because after a top up that's around 95 percent even so the united kingdom has ordered $100000000.00 doses the 1st batch could be rolled out as soon as next week a huge improvement though on the biotech vaccination is that this latest one only needs to be stored in room temperature and normal fridge temperature as opposed to minus 70 degrees so this one is much more easily transported as with the 1st vaccination this one also is going to be abiding by a priority list at the top of the list of courses the over 80 is the elderly but also staff on the frontline as well much like the united kingdom 1st approved by on tech vaccination the e.u. said actually the u.k. is really rushing things through and the e.u. will be taking their time with things we need additional data about the quality of the vaccine and after that the company has to formally apply but even with this vaccination it is really difficult to be quite positive here in the united kingdom of course britain has been dubbed plaguy the end after the last few weeks is easy to see why remember just a few

with the compare foreman's all european countries the united kingdom but also the united states where he'll have something close to us to pretend that the reason why the three's company unfortunately she supported by it was the media and the asian wasn't in it or to the conservative forces around mathy and my reason we created a must but we're going to be the country controllers the live where the jobs. as we approach the end of 2020 now website slots of stories and refuse of the year to get stuck into it well worth some of your scrolling time today i mean a little different. world is driven by shaped by. the day or thinks. we dare to ask. an entire village in alaska has had to move if another country trying to wipe out an american town. we do everything in our power to protect. water they escaping climate change is the same threat right now alaska has seen some of the fuss just coastal erosion in the world we lost about 35 feet. 35 feet of ground in just about 3 months while we were measuring. it is fast and means the river is $35.00 closer than how it was 4 i think we're part of ame

all european countries the united kingdom but also the united states you have something close to. the reason. unfortunately. it was the media and. all the conservative forces around magically and prison created the must be going to the country where the jobs. some news just in terrorists have attacked a passenger bus in syria's dare resort province killing at least 28 people according to state media it happened near the iraqi border on the highway leading to palmira formerly state stronghold although isis officials know more territory there have been reports of their presence in sections of the syrian desert no we're keeping track of the story and will keep you updated on any significant op dates. where riot police have clashed with students of a top university in beirut protesters tried to storm the main campus angry about the spike colbert linked economic crisis cherishing fees are being doubled also. my god. hearing tens of thousands of pro choice of us erupting into cheers as argentina's senate voted to legalize abortion a deeply divisive issue of with the surety country peopl

kingdom, the european court ofjustice and brussels a foot in the door and overall british policy.the terms of the agreement in relation to northern ireland. sorry to interrupt, this is the deal that decides the relationship going forward , decides the relationship going forward, this is how the future is going to like. if you do not like it, why do you think brexit is still the right thing? exit is the right thing, brexit was the right thing for the whole of the united kingdom, not part of it. northern ireland has been given a different style of brexit and the different position than the rest of the united kingdom. 0ur message to the government is that you promised that in these negotiations he would try to undo the damage which was done in the withdrawal agreement this time last year to stop you have not succeeded in doing that, you have mediated some of the impact, we will accept that and that is good, but we still do not believe that this is the deal which you promised to the people of the whole of the united kingdom, including northern ireland, and therefore we cannot support

we learned russia has banned travel from the united kingdom, india, canada. concern over this new variant of coronavirus which is spreading beyond control in the united kingdom. what is the latest on what the trump administration, this country knows about this new variant? >> well, thank you for having me on about this important topic. i had an extensive discussion with dr. redfield and his top people last night and this is what we know. the variant that's being discussed was first identified in september, so it's not something that just arose in the last week. it has become of concern because it is becoming the dominant variant in the uk. the inference is that because it is a dominant variant, it may be more transmissible and that may be true. it has not been proven but it may be true. what there is no evidence of nor reason to believe, it is not any more lethal or any more dangerous than the normal coronavirus, no evidence to suggest that, no reason to believe it. there is also no evidence to suggest nor reason to believe that it would evade our vaccines th

but even with this vaccination is ready difficult to be quite positive here in the united kingdom of course britain has been dumped play by the end after the last few weeks it's easy to see why remember just a few months ago boris johnson promised the u.k. that it would be no more by christmas and really we've already done christmas and it couldn't be us. or to shoddy edward stasi reporting live from london thank you. at least 20 people have been killed and over 60 injured in a wave of explosions and gunfire in the yemeni port city of aden. the 1st attack happened at the airport just after a plane carrying newly appointed yemeni government officials flew in from saudi arabia a local t.v. channel caught the 1st one on camera as you can see people were disembarking from the aircraft at the time and it was followed up by gunfire and several smaller explosions local reporters say the airport was hit by mortar in-grown strikes passengers were driven straight to the presidential palace where another explosion reportedly took place so far no group has claimed responsibility but officials ar

after they do apply your muni employees randomly for quite believed in the interests of the united kingdom to be reached before the birth of january. riley we were going to leave record it behind. it was. the. power of providence are timid not people and the biggest monster didn't think. all over because. for a new narrative pop purple told me the real problem. market will be fear and remain so the e.u. rules and standards will be respected we have effective tools to react if fair competition is distorted and impacts our trade secondly. we will continue cooperating with the u.k. in all areas of mutual interest for example in the field of climate change and energy security and transport to gether we still achieve more than we do apart and thirdly we have secured 5 and a half years of full predictability for our fishing communities and strong tools to incentivize to remain so of course this whole debate has always been about sovereignty but we should cut through the sound bites and ask ourselves what sovereignity actually means in the 21st century for me be it is about being able to seamless

as the search for equal rights in the kingdom continues.s we will get more on that live from a prominent human rights group. the number of patients being treated for covid—i9 in england's hospitals is now higher than it was at the previous peak in april this year. it's the latest evidence of the intense pressure on nhs services throughout the united kingdom. the number of patients being treated for covid—i9 in england's hospitals is now higher than it was at the previous peak in april this year. more than 40,000 new infections were reported in the uk in the past 2a hours — that's a record — as the new variant of coronavirus spreads rapidly. our health editor hugh pym has the latest. there was a stark message today from homerton university hospital in east london. nurses and doctors are incredibly stretched caring for very sick patients. no one should underestimate the impact the infection can have. one hospital in south—east london has declared an internal incident because of the high number of covid patients. the queen elizabeth hospital i

within the united kingdom with boris johnson announcing that christmas ascension it was cancelled at least for those in the southeast of the country by saying their slogan returns to stay at home and no indoor household mixing simply saying christmas is counsel for many people now this is all because of this new strain this new super strand of covert 19 which the health secretary has said is completely out of control you said recently that the virus was under control is it no it's not the new variant is out of control and we need to bring it under control following boris johnson's announcement on saturday thousands of londoners were scrambling to get out of the capital to avoid having a lonely christmas this year because many parts of the country remain in loose a set of restrictions in the south but of course the whole idea of clamping down in the south was to try and restrain this latest strand of the coronavirus so many people in the north are calling londoners they have fled from the capital incredibly selfish and totally irresponsible so this latest u. turn for their stock in th

well it seems this mutated version of the corona virus is spreading rapidly across the united kingdom and even seen the fast case come out of the united kingdom and has been detected and it's near as well so while boris johnson may be seen as the grinch that stole christmas at least christmas this year effectively being cancelled there is a camera of hope and that comes in the form of that vaccination hopefully a gift from santa will be that christmas is back on track at least next year journalist and broadcaster neil clark has told us he's not surprised by the international and domestic reaction to the british covered response the fact of the matter is that this so-called new stroke was not about in september we had scientists writing about it discussing it in september. and yet the last one called the health secretary only says this just a few days before christmas why didn't he make announcement about this in september why didn't he get up in september those big dig up now so it was ever the good of all what was going to happen it's also to link up with the other main story will ev

christmas chaos in the united kingdom.on locks down amid a more infectious virus strain and europe suspends flights. details next. this is bloomberg. ♪ annmarie:. a.m. in the city of london. this is "daybreak europe." london's emergency lockdown. the u.k. prime minister makes a u-turn, saying the latest mutation of the virus is impossible to ignore. britain in isolation. france, journaling -- france, germany, and italy among the countries suspend travel from the u.k.. congress reaches a $900 billion stimulus deal. a vote is expected later today. good morning to you. 6:30 a.m. in london, which has overentered a new tier 4 the weekend. , curbing travel from the united kingdom. we do have most of the indices and asia in the red. asia-pacific benchmark down more than 1/10 of 1%. you see the weakness in the european equity futures. dax futures more than 0.9%. crawling back a little bit -- klein back a little bit these gains. setting up the week of christmas to be risk off. they have been fluctuating. the bad news coming from eu

all european countries the united kingdom but also the united states where you have something close to a catastrophe then that's the reason why that is the future come back unfortunately she's bored by it was the media. all of that i consider the forces around madly and my reason who created them asked the question we're going to be the country controllers here that is where the jobs. i felt as a for me this hour in about 33 minutes i'll be back with another full and fresh look at the news this is our 2 international. and then as that happens the delusion will. but you have australian visual they go this route you know there are people. who are. these give me time to jump to the nearest. study to go to the polluted introduces the chief. needs us of but it seems to me i'm. equally finished with this new look at a lot of these i will get a title to put it you'll do good because there will be a choice to be on your boat it will show you such today with a massive show in the us talk it over out of this girl through with don't be fooled the koku are full of can churn you. point of their bea

what is the news we've all been waiting for here in the united kingdom and it's being described as ahistoric moment and that's because this morning the 19 vaccine has now been approved by the british medical regulator here in the united kingdom and means that the vaccination could be rolled out as soon as next week now what it means as well though is that the announcement takes the united kingdom as the 1st country in the world to be able to roll out this vaccine and has now approved it. which is the british medical regulator says that the job which offers 95 percent effective against 19 is safe enough now to be rolled out so what the united kingdom is talking about is 40000000 doses to be preordered and sent directly to the u.k. means that the 1st supply that could be rolled out next week is around 800008 vaccination is it means that immunization could be as soon as the week after that but it is on the top of this list well what we know is that the elderly people over 80 are definitely at the top of the list so to other care home residents and staff members as well as the staff on t

also this cyrus pfizer prepares to ride out its vaccine in the united kingdom and seeks approval in the united states is c.e.o. admits it might not stop those who take it and spreading the virus. is what it calls for abrogated accusations against mr to russia affiliated news agency charged with violating sanctions and donald trump's school to step forward to cast further dimes on what they are calling a rigged presidential election we hear some of the latest testament. to act as the ballots being ran through the tabulating machines numerous times being counted 8 to 10 times i know as with return addresses cells it is a. good evening you're watching r.t. international the turkish president has lashed out at his french counterpart claiming he's a burden to his country and should step down it represents a new low relations between. and comes as paris looks to crack down on radical islam following a wave of terrorism in france. kron is a burden on france and france are going through a very dangerous period actually my hope is that france gets rid of this mccraw in trouble as soon as possibl

as far as a prepares his vaccine in the united kingdom and seeks approval in the united states is c.e.o. admits we still don't know who take the job will transmit the virus also to come this hour an hour to the president of turkey called a monument a burden on france urging the country to get rid of its leader turkish french relations hit a low over a crackdown on islam and moscow slams what it calls for abrogated accusations against journalists have to rush or affiliated media sites charged with violating e.u. sanctions and donald trump supporters stepped forward to cast for that after what they are calling a rigged presidential election we hear some of the latest testament to. the actual ballots being ran through that here believing machines numerous times being counted 8 or 10 times i know it was a return address. thousands of them. hello good evening just gone 6 o'clock in moscow you're watching r.t. international now as we enter a new phase in the fight against the trend of ours are also facing uncertainty because the c.e.o. of the company behind the vaccine about to be rolled out

regulator at the time said the united kingdom was simply jumping the gun and said that the e.u. would not be approving this vaccine to the at least after christmas if not january 2021 and they said they need more stringent process and needs a longer approval process to make sure that the vaccination is completely safe and effective as well also the us is top health official has pretty much come to the same conclusion and said the u.k. has simply sped through this process. we put the data through a very very stringent process of literally point by point analysed the data the u.k. has decided to do a little bit differently they've gone over it very quickly and i can see this is not a criticism but they've done it in a way that is much less deep then has been done it is being done by the f.d.a. in the united states. well regardless 40000000 doses have now been preordered by the united kingdom around 800000 or so. to be rolled out as soon as next week meaning immunization could happen in the next few weeks also top of the list of the vulnerable categories those are the over the ages

dozens of countries overnight banned travel to the united kingdom from the united kingdom.e're seeing new countries pop up on this list all morning long. the united states, though, hasn't taken any action. joining us now, cnn medical analyst, dr. jonathan reiner, a professor of medicine at george washington university hospital. dr. reiner, great to see this morning. i don't want to alarm people more than they should be. and i get that there's every reason to believe that the vaccines that exist will work against this new variant. but when you hear concerns that it might be 70% more contagious, when you hear the concern coming from the united kingdom, which has constituted these new lockdown policies. when you see country after country overnight banning travel from the united kingdom, why shouldn't this be a pretty serious concern here? >> good morning, john. look, we have an old saying in medicine that when you attend an emergency, the first thing that you should do is take your own pulse. and i think that's what governments around the world should be doing rather than reac

no nothing is confirmed but it really feels like this is the moment every person in the united kingdom has been waiting for it seems as though. it's no longer on the horizon but could be just a few minutes away of course today is the final day for any provisional agreement to be put in place it says that fisheries though of course that's been the biggest stumbling block the main obstacle throughout the year it seems as though that's still the table is still up for discussion but it does feel as though a deal could be brokered any minute now forrest johnson and his e.u. counterparts have been in discussions over the last few days on that particular matter. just last night saying that the latest offer from the united kingdom is unacceptable it seems as though there's been a bit of a shifting point on that front coming from the. well so that close but they're not quite there yet however me shop on it did say he was keen to get a deal in place by the end of the just maybe even in january as well especially of course as the. transition period will be ending and so he said that he really wan

the united kingdom is a third country, but it remains a trusted partner.allies, we shared the same value and interest, whether it be the 26, the next summit in glasgow or upcoming uk g7 and italian g20 presidencies, the european union at the united kingdom will stand shoulder to shoulder to deliver on our common global goals. let's speak now to the leader of the brexit party, nigel farage. , what do you make of the deal that we know about so far? look, you know, there's a lot of detail, 2000 pages oi’ there's a lot of detail, 2000 pages or $0 there's a lot of detail, 2000 pages or so to go through. i'm obviously very concerned about the level playing field because the european commission seems very confident that they've got us in a position that they've got us in a position that they have something of us that if we come to terror —— competitive, they will put tariffs on us. i don't know what the mechanism is going to be. fisheries, it's a rotten deal, really, for british fishermen come another five and have your transition with tiny increases over those y

the news without question is the lockdown of the united kingdom.ot a total lockdown but there it is. with the airlines, with the rails, with shipping. it will be interesting to see what we see out of the prime minister's meeting. in the united states, stimulus celebrated. much more on that through the day, including david westin on "balance of power." look at that on 12:00. david wetzel was on twitter and copy?s there a printed i am not sure there is a printed copy. look for that in january or february. $900 billion, the second largest stimulus in american history. much more on this. kevin cirilli watching the story with our team in washington. you deserve a data check. way better than it was early this morning. we were -100 on futures. , -61 onnd, down 1.6% futures. the vix up seven figures. we were out well over 30. a 28.84. that is an elevation of volatility over the last number of hours. 10 spread comes in three basis points. i want to make note of oil, particular the russian headline. that is two dollars on brent crude. then of course, we have

who both had severe reactions to the vaccine as well however these 2 people in the united kingdom they were people that actually carried around they actually carried around auto injectors for adrenaline they had a history of very severe allergies they also had a very very severe reaction to the pfizer vaccine and that caused the united kingdom to actually issued this warning regarding pfizer's vaccine take a listen any person with a history of a significant a legit reaction to a vaccine myths and food should not receive the fine is appealing to. now it's important to note that when pfizer looked into the case they did emphasize that the 2 individuals in the united kingdom did have a history of allergic reactions now at this point fire has said that those with a history of severe adverse allergic reactions to vaccines were actually excluded from the late stage trials of the vaccine on which the panel of the u.s. food and drug administration f.d.a. approved the vaccine and the f.d.a. of the united states has gone ahead and approved pfizer's vaccine but made clear that it is only availabl

. ♪ time is running out before the united kingdom cuts ties with the european union and today, the twoes failed to secure a trade agreement. instead saying talks will be paused. negotiators want to talk to politicians so they can get better guidance on where to go next. with less than four weeks before the transition period ends, it is down to the same three sticking point that have threatened to derail the process for months. let's bring in our correspondent in london. it has been a dramatic week of ups and downs. now it is ending in this pause. is that a surprise? >> it is a surprise that suddenly they are paused tonight, but we have an explanation. what they are trying to do is reach this post brexit trade deal and that time is really short. we have said that many times. we have seen sincehe eu was no longer bluffing for the united kingdom because of the referendum in 2016 and brexit, we have seen all kinds of deadlines coming go. we have seen steps forward and steps back. there is no way of knowing if these divergences are going to be a real problem. we know both camps are putting

be agreed but today the post breaks a trade deal reached between the european union and the united kingdom is being formally ratified these top officials put their signatures on the 12100 page agreement in brussels the swarming the document has now been flown to london for prime minister forrest johnson to sign he has called the agreement afghans hassidic new relationship it's set to come into effect on new year's day when the brics transition period officially entrance you rick. well i'm joined now by our correspondents teri schultz in brussels and begin in london welcome to you both terry i'll start with you the brics a deal has now finally been signed there in the european headquarters this moment has been a very long time coming hasn't it has rebecca and of course we should note that this was a day the e.u. hoped it would never see the european union until the very end remained against remained very hopeful that somehow the u.k. would come back into the fold now of course that is not to be. european commission president or slovakia lion and european council president shall machelp sign