changes in luxembourg following the action.tougher stance and the latest draft of the eu's negotiating guidelines, that's been debated where you are today. threat. this latest ref obtained by bloomberg news dated april 25, theing tougher stance from eu on issues such as financial services and citizens rights. on financial services, the wording is been touched separated from the wording on a trade deal, coming to blows the prime minister. recent make a one-day sweeping trade deal, including financial services on citizens rights, even you in the u.k., u.k. citizens in the eu. there was a more explicit demand of a reciprocal rights, including of course the right for permanent residence after five years of living in a country. we arty know it's a first priority, citizens rate -- rights for the year. on the exit bill, this draft stresses the bill hasn't taken to a cap all-time the u.k. has been a member of the eu. ministers will prove negotiating guidelines in the -- luxembourg today. on saturday, there will be an extraordinary meet

that was the prime minister of luxembourg. 0ne that was the prime minister of luxembourg.aders meeting here and agreeing their negotiating strategy on brexit with the uk. chris morris is our correspondent and he has been talking to many of those taking part. you were at a news conference with donald tusk. what is your impression? i think they are pleased that they have the unity they were hoping for. i have been here for a lot of issues, the terrorism crisis, the migration crisis, they all talk about unity but it is not really there. at the moment, there really isa there. at the moment, there really is a unity of purpose among the 27 and concern that there is an expectation gap growing between the 27 and officials in london. they know there is an election going on in london and people say things during campaigns but you are donald tusk say that they are waiting for a serious british response on the issue of guaranteeing the rights of eu citizens in the uk and i understand but that is about, particularly, there have to be legal guarantees. a gentleman ‘s agreement is no goo

we have heard from luxembourg, berlin, new york and washington.how you what the beginning of the day looked like ina what the beginning of the day looked like in a part of syria today. that bright light isn't the sun coming up, it's an explosion that the syrian government blames on israel. israel hasn't denied it. it's said it's consistent with its policy of prevent iran smuggling advanced weapons to the lebanese militant group hezbollah. as far as we know it was near damascus international airport. we can highlight the fact here. local syrian reports say a fuel tank and warehouses were damaged along airport road. there you can see it looping away from the main airport complex. they we re from the main airport complex. they were hit. syrian rebel sources say it's an arms depot run by hezbollah. i asked bbc arabic editor edgard jallad if it's certain that israel is behind this attack. we cannot be 100% confident but at least taking into consideration the precedents that happened before, that happens in line with several similar incidents that happe

joining us from luxembourg where this meeting is taking place is nara.wing a tougher chance than the u.k. anticipated? draft dated april 25 showing a stance from the eu on issues like financial services and citizen rights. specifically on that in the document has been separated from the wording on a trade. that might come as a blow to theresa may who as we know has been looking for a sweeping trade deal encompassing financial services. on the issue of citizens rights we know already this is a first priority for the eu. the rights of eu citizens in the u.k. and british citizens in the eu. there is a explicit demand for reciprocalights -- rights. issue of thethorny exit bill. there is a real stress that that bill will include the uk's hobo -- this will be approved by european affairs ministers in luxembourg today. will everybody be -- these ministers doing that work. will the leaders be on the same page? >> we imagine so to a certain extent. you heard angela merkel speaking today saying that she does see among other things the united front with the eu. tha

there we are, the prime minister of luxembourg talking about to reza's brexit.eaders arriving here very much stressing unity and i think the subtext of that is that if britain wants any sense of divide and rule amongst the remaining eu 27, that is not going to be possible in the brexit negotiations. let's talk to my colleague chris morris. what sense are you getting from the comments they have made so far? yes, unity is definitely the watchword. the chief negotiator has just arrived saying exactly that, this is arrived saying exactly that, this is a summit of unity and we will keep it that way. it was interesting we we re it that way. it was interesting we were told yesterday by officials that he will be at every summit of the 27 leaders for the next few months, i think they are trying to say to the uk, this is our man, do not try to go round him or cut separate deals with separate countries. i also had a brief word with the president of the european commission, jean—claude juncker, and he told me that he shares the impression expressed yesterday, two days ago,

that is also what we have heard today in luxembourg.ckly signed off on medical shielding guidelines and said that certain core things mattered in that, there would be no single access to the single market, no deals for sectors like banking, and the bill, the liabilities the uk has built up, would have to continue to be paid beyond even brexit. the deputy to jean—claude juncker, the vice president of the european commission, said on the way in what happens in the uk election will have no influence at all and be you's side on their negotiating position it is adopting. he said even the size of a majority of the new government would have no bearing. he said it would be determined by the eu's interests determined by the remaining countries. these will be signed off at the weekend on saturday and the eu will formally be ready to begin talks. a 19—year—old man has pleaded guilty to planning to carry out a terrorist attack in london last september. haroon syed, from hounslow in west london, tried to buy a bomb and guns on the internet. it's tho

that is the view from luxembourg.at donald tusk has said is that there are three core objectives that have to be made progress on for future trade can be discussed with the uk. we mentioned the divorce bill, it could be up to 60 billion europe dollar euros. the other question is the border between northern ireland and the republic of ireland. iamjoined northern ireland and the republic of ireland. i am joined now by the irish ministerfor ireland. i am joined now by the irish minister for european affairs. first of all, that question of the border, trying to avoid having a ha rd border, trying to avoid having a hard border between northern ireland and the republic of ireland, why is that so important? it is important for all of us, we will have difficult negotiations of citizens's rights and financial publications, the results also the issue around northern ireland, great britain, the uk, and here we have strong agreement with the british government, the irish... and our eu partners that we do not to see the borders of

kuennsberg, but first, damian grammaticas at the eu meeting in luxemburg. at the eu meeting in luxembourg said and what we make of it.|j you might tell us what angela merkel said and what we make of it. i think what angela merkel sought to do, addressing her parliament, was to introduce some hard—headed clarity about what the eu side is prepared to agree to and also show a flash of frustration. she said a country that leaves the eu, when it is outside the single market and customs union, cannot enjoy the same benefits as it does as a member of the club. she said that was self evident and she thought to try to argue about that was a waste of time. they are worried about the messages they believe are being sent in the uk that a deal could be achieved by a leader taking a tough approach with the eu, and also worried i think about the impact on negotiations. interestingly, that was reflected here today by the vice president of the commission, deputy to jean—claude juncker, who was the commission, deputy to jean—claudejuncker, who was here for the ministers meeting, and he told me whatever hap

ink: thank you, nejra cehic luxembourg. coming up, the european close.tes away from the end of this hour to the beginning of the european close. stocks europe 600 down by .3%. this is bloomberg. ♪ mark: it is 11:00 a.m. in new and, 4:00 in london, 11:00 in hong kong. i'm mark barton. vonnie: i'm vonnie quinn. this is the european close on "bloomberg markets." mark: we go from new york to london in the next hour, covering stories out of zurich, stockholm, and washington. here are our top stories from around the world. the outlook brightens further for the european economy. ecb president mario draghi says the recovery is solid but inflation remains lackluster. the euro went soaring after the announcement. vonnie: president trump is set to meet with the president of argentina as the budget deadline looms. tol ryan will meet the press give the latest on tax reform and efforts to avoid a government shutdown. todayan earnings bonanza with companies like ford, comcast, uea

these are critical days for the eu, ministers meeting in luxembourg tomorrow to finalise their negotiating mandate ahead of a european council meeting at the weekend that won't of course include the uk, we are not in the room until we sit down and negotiate. i am sure this evening in downing street they will be discussing the choreography of brexit and the order in which things will be discussed, the divorce deal, the terms of separation, the rights of eu citizens and some talk about the future trading relationship between the uk and eu. what about the pending election, does that get in the way of anything that might be discussed? to the eu it doesn't make any difference whatsoever. their timetable, we know, is that they will clarify their negotiating mandate, perhaps as soon is this weekend. the commission then will have the power to start negotiating. but we didn't expect that to begin or talks to happen until at least mid, latejune, early or talks to happen until at least mid, late june, earlyjuly, or talks to happen until at least mid, latejune, earlyjuly, until the french elections we

we also have an office and luxembourg. -- in luxembourg.he other banks like goldman sachs starting some of their contingency plans. they are moving to other european cities. will credit suisse have? >> we have a plan to restructure london. london,200 people in that is down to about 6000. there will be restructuring. 5000laintiff to get below -- the plan is to get below 5000. >> is there something else you are looking for in terms of clarity? is a more about learning more about passporting rights or see how negotiations are going? >> passporting is an issue. we want to see how the organizations are going to play out. europe is a major global economy and will continue to be. as a bank we've been in operation since 1848. we've operated under many political regimes. report about a your capital options and plans right now. what can you tell us about those plans with ford? are you looking at the selling stock? >> the first thing i like to say is in a funny way it is a positive thing that is taken place. on we started in october 2013, billionwe wo

mrjohnson was speaking to reporters as he arrived at a meeting of eu foreign ministers in luxembourg.n of the government is very, very clear, which is that the sovereignty of gibraltar is unchanged, and is not going to change, and cannot conceivably change, without the express support and consent of the people of gibraltar and the united kingdom, and that is not going to change. thanks a lot, thank you. 0ur europe correspondent damian grammaticus is in brussels for us. so, where does this go, because the turn of the language that is being usedis turn of the language that is being used is very interesting indeed? yes. i think at the minute what you're hearing is the calls from the foreign minister is, most of whom are meeting in luxembourg today, where the british prime minister, borisjohnson, was, where the british prime minister, boris johnson, was, saying where the british prime minister, borisjohnson, was, saying let's be call about this that is what the dutch foreign minister said. he said let's carry on, not used to harsh language, let's negotiate. you can see how difficult brexi

european tax havens is still blocked by luxembourg. 1000 billion euros a year. >> the increased scrutiny on european tax enclaves has put pressure on offshore states like to bahamas and hong kong lift the lid on their own banking transactions. >> after a week of political turmoil south africa has a new finance minister. what are the broader economic implications of that? we have marty seen the south african rand fall eight .7% last week. today there are no signs of recovery. it was down against the dollar a short while ago. there are fears the country's credit rating is at risk. after replacing the former finance minister, he is already calling for a radical economic transformation that will get the economy working for the people. here he is speaking on that now. >> in the coming weeks and withs i intend to engage business big and small. the establishment. managers and professionals. civil society. we remain very positive about of the south african economy. >> talk us through how the markets are trading this hour. >> european markets started the week off strong. dax still making a strong

they will talk to -- as the luxembourg meeting continues.davis continues to meet with his fellow mp's. michel barnier says we are ready ahead of the brexit meeting. this is bloomberg. ♪ tom: deutsche bank is not an american too big to fail bank. they regroup and they go in search of controls growth. this morning, sterling strengthens. the canadian dollar finally find a bid. oil has a fragile bid at $49 a barrel. on trump backtracks rapidly the end of nafta head spin. filed under "you can't make it up." good morning, this is "bloomberg surveillance." francine lacqua is off today. shorthnson pulled the straw. what are you focused on its united kingdom right now? do we go right to the election? the ecb. we have party at the boj being more dovish. we get the hat trick today with mario draghi? tell him so well said. let's go to the first word news with taylor riggs. taylor: in washington, trump the u.s. out of nafta. he ruled out terminating the free trade agreement right away after talking with leaders in mexico and canada. they will renegotiate

that is what we have heard here today in luxembourg.signed off on the negotiating guidelines. they have said certain core things mattered — there would be no special access to the single market, no individual deals for single sectors like banking, and the bill — the costs, the liabilities the uk has built up, would have to continue to be paid beyond even brexit. interestingly, too, the deputy to jean—claude juncker, the vice president of the european commission, he said on the way in, that what happens in the uk election will have no influence at all on the eu's side, on the negotiating position it is now adopting. he said even the size of the majority would have no bearing. he said the eu's decision would be determined by the eu's interests seen by the 27 remaining countries. these will be signed off on saturday and the eu will then formally, be ready to begin talks. now the weather. the afternoon. this month has not lived to its reputation on till the last few days. we found some april showers. some of them have been a nuisance in eas

made in westminster, edinburgh and belfast and those laws will be interpreted by judges not in luxembourg but across the country. we will strengthen the union of the four nations. will negotiate as one united kingdom taking account of the specific interests of every nation and region of the uk and when it comes to the powers we will take back from europe we will consult on which powers reside in westminster and which should be part of the next administration that no decision currently taken by the administration will be removed from them and it is the expectation of the government that the administration in scotland, wales and northern ireland will see a significant increase in their decisionmaking power as a result of this process. we want to maintain the common travel area with the republic of ireland with no return to the borders of the past, we will control immigration so we continue to attract the best and brightest to work or study and manage the process properly so the immigration system serves the international interest, we seek the rights of eu citizens while living in britain an

growing quantities of regulations devised between the 28 member countries, on which a court in luxembourge it easier to trade and has created new protections in areas like employment or consumer rights. supporters of brexit say it's simply a case of taking back control. michael gove, you were a supporter of brexit, a big advocate during last yea r‘s of brexit, a big advocate during last year's campaign. on wednesday, the tone was sadness on all sides.

growing quantities of regulations devised between the 28 member countries, on which a court in luxembourgas the final say. those who want to stay argue this pooling of sovereignty has made it easier to trade and has created new protections in areas like employment or consumer rights. supporters of brexit say it's simply a case of taking back control. michael gove, you were a supporter of brexit, a big advocate during last year's campaign. on wednesday, the tone was sadness on all sides. by friday it had become steely. michael gove, should we be preparing for a long and bloody war between the two sides before the deal is reached? i think we should be preparing for a professional and hard—edged negotiation which at the end of it will result in a strong partnership between both sides. it is absolutely the case that while donald tusk expressed his sadness that britain was leaving, he is also clear that he wants at the end of this process, all european negotiators want at the end of this process, a free trade deal between britain and europe and the preservation of security cooperation and othe

. >> at 9:00 on the presidency, historian william luxembourg on the effectiveness of legacies of 20 century presidents. >> how weak the american presidency was in the late 19th century, and how powerful an office it was when theodore insevelt surrenders power order to shoot lines in africa. >> sunday at four clock p.m. eastern on real america, 1961 and cyclopedia were tended to film the ordeals of woodrow wilson with former president herbert hoover. >> even though they agreed to mr. wilson's 14 points, these delegates were determined not to let idealism stand in their way. to not let it conflict with their own purposes and desires. >> for the complete american history tv schedule, go to c-span.org. fbi director james comey outlined the fbi's strategy on data encryption, intelligence gathering, and investigations. at a dinner held in his honor by the intelligence and national security alliance. this is an hour. >> thank you for that kind introduction. i did take a shot at the new england patriots on live television which i heard about from one of my brothers who betrayed the family when he w

eu ministers are due to meet in luxembourg over the weekend to hammer out their final negotiating position wednesday, theresa may met the european commission president, jean—claude juncker, for talks in downing street added that crucial summit of the remaining 27 members. downing street said mrs may reiterated the uk's aim of building a deep and special partnership after brexit. in the commons, labour focused on the rights of eu nationals living in the uk. as the secretary of state knows, around 3 million eu nationals are very anxious about their status when we leave the eu. labour would unilaterally guarantee their status from day one. under this government, all they could do is apply for consideration for permanent residency. but as the brexit committee warned in march, the current process for consideration of permanent residency applications is not fit for purpose. the secretary of state knows how important it is. have things improved 7 well, the thing i'd say to the honourable gentleman, and i respect his concern in this area, let me be clear about that, but the thing i'd say to him is

i am joined by one of those leaders, the prime minister of luxembourg. thank you for your time.ad to get into the room and sit down and prepare and we decided quickly. what is the symbolism of that? the 27 eu countries without britain are very united and decisive on how brexit should be negotiated ? united and decisive on how brexit should be negotiated? the text was prepared and accepted this week and we prepared and accepted this week and we didn't have to discuss because we gave out we didn't have to discuss because we gave our green lights about the topic and be just needed to say then. we are united. i realised when i arrived here that journalists do not believe we can be united, sometimes that happens expect it is unusual to have a summit over so quickly with so much agreement. the belgian prime minister said that maybe the british will try to split the 27 nations and that is a trap that has to be avoided? is that the way you see it? i do not know if this will be the plan of the next british government, to do that. but this is a risk and we all agreed that we want to start

samsonite, the century-old luggage maker, moved its tax address from massachusetts to luxembourg, where the corporate tax rate is 19%. restaurant brands international, parent of fast-food chain burger king, relocated its headquarters from florida to canada, where the corporate tax rate is 15%. but the number one destination for tax inversions is ireland, where, at 12.5%, the corporate tax rate is nearly two-thirds lower than the u.s. the biggest company to change its tax address from the united states to ireland is medical device maker medtronic, which still maintains a hefty presence in its native minnesota. medtronic's operational headquarters and all of its top executives are in the united states, but its official headquarters is here, in dublin, ireland, in that building behind me. that change of address was engineered two years ago when medtronic bought covidian, an irish-based medical device maker. this modest building in dublin may be medtronic's global headquarters, but the company employs around 4,000 people in ireland compared to more than 43,000 in the united states. >> they

i agree, if turkey's neighbors were luxembourg, the netherlands, and belgium, i would not be worried about islamization. turkey has strong middle-class educated people connected to the world. >> has he been to luxembourg recently? [laughter] >> how about canada and spain? that's not the case. isis is a neighbor. it has been for a while. there's a jihadist next story that makes this dangerous for turkey and turks. that means turkey could become a recruiting pool for jihadist ideology. there's a chapter in my book -- i won't tell you more about it. you have to buy it. [laughter] >> i want to take the other question just before finishing, on foreign enemies. i think that because polarization politics won't help him when another round of elections -- help him win another round of elections, he will have to win the next election. otherwise you will have to do with the french -- he will be a president and his parliament will promote another party. the system is not setup to function like that. it is setup set up to have majority controlled by the president and parliament. or it will collap

the prime minister of luxembourg, thank you very much for being with us. thank you very much for being with us. on the day of this european union summit which has just ended. they agreed that their negotiating strategy on brexit for the next couple of years, unanimously and very quickly indeed. more analysis on what's been said in brussels throughout the afternoon. now on bbc news, click. hackers beware — finally there is a box which is immune to your attacks. hack—proof. totally secure. sounds like a challenge to me! over the last few years, billions of e—mail accounts have been hacked. has yours? last year, yahoo announced that over 1.5 billion e—mail accounts were compromised between 2013 and 2014 — the largest breach in history. then it emerged that russian hackers had gained access to 60,000 e—mails from hillary clinton's presidential campaign. some believe the resulting leaks helped swing the election for trump. and what it certainly did reveal is something most of us already knew — we send, each of us, all the time, hugely personal information around the internet. information th

their conversation focuses on professor luxembourg's book -- the american president. the new york historical society hosted this hour-long event. tonight's program, the ierican president part two, would like to thank bernard schwartz for making this lecture possible. along with all of the other programs that he supports. i like to think and recognize two of our guests. you for all you do on behalf of this great institution. thank you so much. program lasts about an hour and it will include a question -- answer session. you should have received notecards as you enter the auditorium. -- step isnot, stats still going through the seats, the aisles with notecards and questions will be -- your notecards will be collected later on in the program. following the program, there will be a normal book signing and books will be available for purchase in our history store. we are delighted to welcome william e luxenberg. he has taught as numerous universities over the course of six decades. including columbia and oxford universities. he served as presidential elections analyst for

the british foreign secretary spoke to reporters and luxembourg. >> the position of the government is, the sovereignty of gibraltar is unchanged and is not going to cannot be changed without the consent of the people of gibraltar and the united kingdom. thanks a lot. it's can getnsists a veto over any agreements. gibraltar voted overwhelmingly against joint sovereignty with spain in 2002. president trump's son-in-law is getting a firsthand look at the situation in iraq, he is also there to show support for the government. with visiting the country joseph dunford. the trip is seen as another example of his expanding role in foreign policy. in france, the battle to make it to the second round of the presidential vote is heating up. up hiss fillon stepped attacks on his rival. he said voting for him would be endorsing a continuation of the policies of socialist president francois how long. he said the far right candidate will face off in the second round and that macron will win. global news 24 hours a day powered by more than 2600 journalists and analysts in over 120 countries. i am mar

nejra: still ahead, a luxembourg's ja be holdings is snapping a pinero bread -- we will look at whetherpire is a threat to nestle and starbucks. and a look at u.s. market soaring today. the nasdaq hitting a new record high. this is bloomberg. ♪ nejra: live from london and new york. vonnie: this is "bloomberg markets." panera bread shares are holdings after jab agreed to a deal. joining us now is the man who broke the story. stocks are up 19 times earning pace which is much bigger premium than for most restaurant brands that we have seen. >> it is a huge price. we knew it broke this story on monday, we knew that it was going to command extremely high prices. it puts this in line because it is fast casual, it puts it in line with something we've seen more recently is popeyes. it was bought by the owners of burger king and it was a similar kind of takeout. it is expensive but this is a huge brand. it has enormous presence across the country and jab has paid up. a business where the owners are the franchisees. so how does this fit into the rest of the portfolio with jab? >> this will be the

luxembourg is down. spain, italy -- france, today, currencies are rising. this is the spread in the difference. widened since february 24. was very 21statch when we reached 79 basis points, that is the widest in four years. march, we came down to roughly 55 basis points. but uncertainty prevails. the latest report published on sunday had macron and marine le pen tied in first place at 24%. and the by mela sean republican candidate one point behind. when you have margins of error stern into the mix, it does suggest that all four candidates are in a position to be among the top two in the first round of voting two weeks yesterday. and the contest remains wide the with a month ago until may 7 runoff. there is the spread. keep an eye on that as we approach the french election. wonderfulwonderful, function on the bloomberg. japanese investors offloading a record amount of french sovereign debt in february while the selling of u.s. bonds is slowing. and that are selling is $13.6 billion in french bonds. least 2005.ce at february's outflows were the fourth month i

and the premise or luxembourg told the ee -- told bloomberg yesterday that -- i spoke with swedish primeinister, and he said the eu must pay that, as a part of the membership. but the biggest counter blow was the trade talks between the eu and u.k. will not start until there is a case of substantial evidence of that happening. this is what german chancellor angela merkel has a after the meeting. thatat is important is this is all about separation and different places have to be negotiated. we have to be differentiated from each other very clearly. in phase one, there is separation. phase two, the transition to future relations. that has to be a clear line between the two of them. appeared to have -- ed: the eu appeared to have leverage into areas. also gives the eu leverage by saying the eu could discuss financial services as part of a trade deal, but only if the u.k. is willing to give the eu regulation area oversight over banking. the ideat odds with that the referendum was about taking back control from brussels, and it would be a major concession for theresa may. when it comes to tra

have been gathering information on whether mcdonald's unfairly benefited from a big tax break in luxembourgng may come before august. tesla set a record for deliveries and production of its electric cars in the fourth quarter. the company beat estimates by theping -- shipping over year. tesla has started building its lower cost in july. time for our quick fix where we provide context. a better life for all. that is the campaign slogan that propels nelson mandela and the afghan national congress to power in 1994. 12 years later more than a quarter of the workforce remained unemployed. 92% struggle to put food on the table -- to put food on the table. households are in six times more than black ones. fading party support. many doubt whether they can deliver that promise. the president has lurched from crisis to crisis. has clashedcob zuma with his finance minister ever since he was pressured to a point him to the post in december 2017. best 2016. last week, he fired him. the rand was sent to a nearly two-month low. citizens are losing patience with the slumping south african economy. he ranks

people are interpreting it, because the negotiating guidelines that the ministers signed today in luxembourgome explicit demands in relation to financial services, in relation to the rights of eu citizens in the u.k. and british citizens in the eu, and with regards to the bill that they u.k. would have to pay on leaving the eu. the brexit bill. and what the leaders are going to sign off on on saturday, are general principles for the eu going forward. there will be more negotiating mandates and the real negotiation will not begin until after the u.k. election. on june 8. ♪ >> the president set to sign a memo ordering wilbur ross to determine the impact of rising aluminum imports, which could lead to curbs on imports. this is the second such an investigation the president has initiated this month. why is this happening? why is the investigation happening? >> it is a lightning rod point for the campaign and now the administration. they made it clear that steel was in their sites during the campaign and then they talked about aluminum in the end and wilbur ross made it clear last night that they

we also have an office in luxembourg. we have options depending on how brexit plays out.en other banks like goldman sachs starting some other contingency plans. they are moving jobs to other european cities. what do you think credit suisse will have? >> we have a plan to restructure london. we had 9200 people in london. that is down to about 6000. our ultimate plan is to get below 5000. is there something else you are looking for in terms of clarity? the you want to learn more about passporting rights or how negotiations are going? >> passporting is an issue. we want to see how the organizations are going to play out. in reality, europe is a major global economy and will continue to be. as a bank, we had been in operation since 1848. we have operated under many political regimes. we will address whatever the final answer is. yvonne: there been a report about your capital options and plans right now. what can you tell us about those plans with ford? are you looking at the selling -- are you looking at selling -- >> the first thing i like to say is in a funny way it is a po

preparatory work on about by the eu 27 including foreign ministers and europe ministers who met in luxembourgclear to the britain cannot have parallel talks on a future trade relationship at the same time as talking about the terms of its divorce settlement from the eu. that includes the divorce bill. the divorce must be taught about first and substantial progress made and then they will talk about trade. he said before discussing ourfuture then they will talk about trade. he said before discussing our future we must first sort out the past. pretty clear from donald tusk. must first sort out the past. pretty clearfrom donald tusk. let must first sort out the past. pretty clear from donald tusk. let us talk to our european correspondent. the eu 27 trying to see all the time they are ready united as a block of 27 in their negotiating stance. that is the message they want to send and we'll send tomorrow by a green that so we'll send tomorrow by a green that so quickly and effectively stamping it and seeing we are done. —— by agreeing. nine months to come up with the brexit letter of its own, the

. >> luxembourg. >>> we want to mention that you are watching some live pictures here of the european parliament debating the conditions and priorities for europe's upcoming brexit negotiations with the uk. mps will be voting later today on a resolution stating their approach to tackling the talks. speaking earlier, the european parliament's chief brexit negotiator gave his opening statement. >> perhaps let's recognize between us it was impossible maybe to reunite great britain with the content. perhaps it was never meant to be. but -- that's important. i hope the applaud is also. our predecessor should never be blamed for having tried to. never, i think, because it is important in politics as it is in life to try new partnership, new things, to reach out to the other, at the other side of the channel. as i am also convinced and 100% sure about one thing -- that there will be one day or another, dear colleagues, there will be a young man or woman who will try again. who will lead britain again into the european family once again. and a young generation -- a young generation that will

historian2: and william luxembourg on the effectiveness and legacies of 20th century presidents. weak the american presidency was in the late 19th century, and how powerful an office it was when theodore insevelt surrenders power order to shoot lyons in africa. -- lions in africa. announcer 2: and the 1961 encyclopaedia britannica films, the ordeal of woodrow wilson. readen though they had to his 14 points, these delegates were determined not to let idealism stand in their way. they were conflicted in their purposes and desires. announcer 2: for the complete schedule, go to c-span.org. live sunday at noon eastern, best-selling author andy jacobson is our author on "book tv's in depth." >> it is moving humans in the military environment to being comfortable with this idea of merging man and machine. announcer 1: she is known for her writings on war, weapons and secure government secrets and will in her most recent, phenomenal. with youronversation calls, it males and facebook questions live on book tvs in depth. >> this year marks the 30th anniversary of the report on the iran-con

these are critical days for the eu, ministers meeting in luxembourg tomorrow to finalise their negotiatinghe room until we sit down and negotiate. i am sure this evening in downing street they will be discussing the choreography of brexit and the order in which things will be discussed, the divorce deal, the terms of separation, the rights of eu citizens and some talk about the future trading relationship between the uk and eu. what about the pending election, does that get in the way of anything that might be discussed? to the eu it doesn't make any difference whatsoever. their timetable, we know, is that they will

look at all those holdings. 12 dudes in luxembourg. >> the thing about j.a.b.sting, they essentially let these companies operate in their own right so they're not actually taking keurig and meshing it with panera. >> i think we need the lindbergh. >> that's not going to happen. >> they have coffee and bagels so they are sort of trying to use the synergies of the brands. >> they are but not as much as you would expect from a traditional private equity firm that would use some of the capabilities -- >> try to leverage them up, suck out dividends, leave them loaded with debt. maybe that's what they'll do with the new firm. >> they try to distinguish themselves from a 3g known for aggressive cost cutting. >> leslie, thank you. >>> j.a.b.'s offering of $315 a share represents a 30% premium to panera's price. that got us thinking where does the value everyone else in the food space and who could be ripe for the picking? global director of equity research. r.j., great to have you with us. using any multiple you want on this deal can you apply that to any other names i

eu foreign ministers are meeting in luxembourg to discuss the future role of the block in post—conflicte who should lead them. scotland's first minister is expected to sign a joint agreement with the governor of california on tackling climate change during her visit to the united states this week. nicola sturgeon will meet governorjerry brown and give a speech at stanford university on scotland's place in the world before travelling on to new york. returning now to the high stakes meeting between presidents trump and xi jinping later this week. the bbc has been asking asian americans living in new york what they make of trump's attitude to asia. iam i am hopeful. iam hopeful. i i am hopeful. i am optimistic. i think his relationship isjust u nsettled think his relationship isjust unsettled in the beginning. in the past almost two months, trump has been gradually becoming mellower. i heard he is going to his resort on thursday because it is important to get the same sort of treatment as the japanese prime minister. is that right? yes. juggling asian sensibilities, is a ticking down there

their conversation focuses on professor luxembourg's book -- the american president. the new york historical society hosted this hour-long event. tonight's program, the ierican president part two, would like to thank bernard schwartz for making this lecture possible. along with all of the

it has already pretty much been sorted out by ministers meeting in luxembourg. —— negotiations. —— cannot negotiate. we must first sort out the past. that is the way the eu sees out the past. that is the way the eu seesit out the past. that is the way the eu sees it and that is their negotiating stance. our correspondent is with me here in brussels. the eu 27 seem united in the way they want to negotiate brexit. they are. it is what we will see today and tomorrow from the leaders when they agree these guidelines. they will be agreed within minutes of the leaders gathering. there is not much they need to discuss on this. what you have to remember is, in the nine months or so, the eu side has been preparing for this. they moved very quickly after the brexit vote. they have been holding summits to look at the issues. all of those have pushed the issues. all of those have pushed the 27 countries together, cohering on one side of the table around one set of positions will stir that is what we will see tomorrow. ahead of this we have seen a war of words between angela merkel and there

that is what we have heard today in luxembourg. signed off on the negotiating guidelines. we have said certain core things mattered and it would be no special access to the single market, no individual deals for single sectors like banking and the bill. the costs, the liabilities the bill. the costs, the liabilities the uk has built up would have to continue to be paid beyond brexit. interestingly, the deputy tojohn curran you are, the vice president of the european commission, said on the way in, what happens in the uk election will have no influence at all on the eu's side, on the negotiating position it is now adopting. he said the eu's decision would be determined by their interests seen by the 27 neighbouring countries. these will be signed off on saturday and the eu baldwin formally, be interested in starting negotiations. the draft guidelines set out the principles of what we seek to achieve. are some differences between what the uk would seek to achieve, about the sequencing, the discussions and future relationship, differe