mr. macron and mrs. macron haven't always had the same view. mrs. macron was in favor of a long extension they came an agreement of a short extension. the french have said we are not going to grant another one whether it is a new proposal on the table. all eyes are on this team in brussels negotiating and whether this enough to grant negotiation too to tomorrow. >> you mention the divergence in the past between merkel and macron focusing on president macron, what kind of pressure is he facing in terms of the motivation of him coming into this crucial summit keeping a ma hard line when it comes to these brexit negotiations? >> you could say it is a good cop, bad cop situation france having a harder line saying, no, we are not going an further. you could say mr. macron is unlikely to block an extension especially if all the other eu partners are in favor. it is difficult to go against all the other partners this french commission candidate was effected they don't want to make more enemies in brussels. it's unlikely to block that. >> thank you for bring

look at mr macron, hejust really staring politics.ght the yellow vestment movement on himself by imposing a tax on gasoline. basically, while not compensating people. it was just a bad basically, while not compensating people. it wasjust a bad policy. so they are doing a bad job for making policies for this particular world. where is there room for improvement? slowdown is everywhere. with china, the slowdown may be warranted in some senses. china is so big now, space for exporting more is getting smaller and smaller and india should worry smaller and smaller and india should woi’i’y more because smaller and smaller and india should worry more because in some sense smaller and smaller and india should woi’i’y more because in some sense we need to go faster and indeed we need to look at what isn't working. i would say for india, the financial crisis needs to be serious. some of the points that you've talked about have not gone down well with members of the government. on one hand, the prime ministers congratulating you, but on the othe

and that point is underlined here in this article in the times that mrjohnson told mr macron the eu shouldhe mistaken belief the eu — like the uk will stay in the eu. there will be running foul, and geoffrey cox was very supportive, said if you don't comply, i am out. that is the attorney general. yes. this article, the chief business commentator at the chief business commentator at the independent, and it is kind of almost like a feature piece, which is looking at the impact stockpiling has had on the uk economy and you get the growth figures for various quarters, you can see the activity of the companies as they prepare to leave, which i have had to do at the end of march this year and they are getting ready again at the end of over. they have to do that, so at the fourth quarter was quite good because i had to stockpile — like the first quarter. and the second quarter was negative because... they we re quarter was negative because... they were just getting rid quarter was negative because... they werejust getting rid of quarter was negative because... they were just getting rid of inven

when you look at mr macron and them on himself. imposing a tax on gasoline.. i think we are doing a bad job of making policies for people. where is that room for improvement because they're southern everywhere? with china there is... it is warranted. china is so big now the space for exporting more is getting smaller. in india we should worry more because the slowdown is more worrying. sometimes we need to go faster and really drive into what doesn't why or not, investment falling year after year. i would say for india and the financial crisis needs to be serious. some of the other points you have talked but have not gone down well with members of the government. departments are on one hand is congratulating you but on the other his colleagues are doing completely opposite. did it upset you ? doing completely opposite. did it upset you? it upset me because i feel it upset me personally, whatever. people can have different views and say different things. i feel that it is good for the country to be ina feel that it is good for the country to be in a position t

might be used in the offensive make no mistake the seriousness of the situation and in particular mr macron said that the situation was constructing an unsustainable humanitarian situation in northern syria as well as presenting circumstances whereby operatives and fighters could gain their liberty could escape from those camps those who were looking for some kind of indication as to how the bricks and negotiations are going would be if left disappointed there was a scant mention of the situation in regards to the e.u. and u.k. negotiators are still having meetings on sunday in brussels but you could say with the situation the way it is the 2 leaders in their working dinner tonight have quite enough on their plate. polls will close show in poland where millions of people have been voting in parliament elections socially conservative norn justice party seeking a long time in office it's governed with a majority since 2015 to understands who's in the capital so for us as i've been going. well it depends on the results which we give you any trends right now are under reporting restrictions but

mr. macron's with the pound. statements. it is more about earnings than anything else. .7%, the dollar is down .7% on news of that brief truce in syria. union: the european looking for tit-for-tat tariffs with the u.s. over dispute about illegal aid to aircraft manufacturers. $7.5 billion worth of e.u. goods ranging from planes and lots more. he is coming to us from washington, d.c., where he is attending the world bank meetings. today is the latest round in tariffs ongoing throughout the world. we also have data out of china suggesting tariffs are impacting growth. what is your outlook for how things progress in the next quarter? mark: i think investors around the world and certainly here at the meeting are focused on this trade issue. we are seeing the tariffs come through into slower economic growth. in our global strategy, we are looking more for getting yield from a portfolio than further equity gains. we think the s&p 500 is in something of a trading range. vonnie: how do you do that in a portfolio? are you taking out

macron,e, brussels, mr.ecoming overcome by events because there is a price to them if the united kingdom leaves? john: no, not in the sense you are asking. i spent a lot of time in europe. on the continent, this issue is not front and center. britain decided to get out and they are out, and we have other issues that are more dominant politically. the fine details of the brexit deal that makes such a difference in british politics seem almost irrelevant to the average e.u. citizen, assuming that is not including the british anymore. francine: how important is it that this has the support of the british public, and do you see movement from jean claude juncker to speak to the british public in a different town to force parliament to force it through? anna: that is one thing to watch. i was going to come back in with regards to the dup. we will wait to see what their official stance is. money went from westminster to northern ireland at the time the dup agreed to back the theresa may government. i want to see th

mr. macron, merkel will just say yeah we got the letter but frankly we're not going to do anything aboutt because we want to see what your bonkers politicians in london will be doing. at the moment they're just holding fire. >> holding fire. by the way, steve, no apology necessary because you and 1,000 other people have found this a difficult subject to follow, steve. always a pleasure, my friend no apology necessary. >>> all right. so how does what's happening over there matter to your money and investments over here? joining us now is daniel morris, he is senior investment strategist daniel, what is your firm's base case on how this whole brexit thing ult plaimately plays out what's going to happen from it >> i don't know if anyone really has base cases anymore you lay out some of the scenarios, try to put some probabilities on it, but what's abit astounding after everything we have gone through and what happened over the weekend, all the different scenarios for the outcome from brexit, you have a hard brexit, you have the uk having the second referendum so the whole thing gets reverse

mr. macron making absolutely clear his priority, and france's priority, first of all, was to stop isis resurgings-inspired, al qaeda-inspired attacks for many, many years now. and it is also clear that u.s. officials are putting more pressure on turkey. you heard from keir's report there that the chairman of joint chiefs of staff, on the military side, treasury secretary steve mnuchin, saying we can shut down the turkish economy, if we want to, and he's responding to clear calls from congress for sanctions. and also, u.s. officials putting pressure on turkey, not to go beyond this 20 mile deep limit, that it has announced. but turkey's president erdogan is defiant. he said we will not stop, no matter what anyone says. and militarily, speed is their best ally. now, they're trying to keep up the momentum, so that the turkish force does not dig in, and before any great international backlash. but on the fourth day of fighting, the heavy fighting continues, and the u.n. says 100,000 people have now fled, the turk irk defense forces, now saying 415 so-called militants are being killed, we can't indep

mr. macron? how many other nations are on team macron? maria: he is not alone, he is just very vocal. stick his hand out and say what he feels is the right thing. he feels the last time he pushed for a short extension, it was validated. it is not just macron. they feel like he is the one who should do the heavy lifting and come out very vocally. it is not just france. many other countries feel this has gone on for too long and it is time for everyone to move on. europeans do not want two decisions to come together in december. francine: maria tadeo in brussels. we are getting news from stephen barklay saying there will be minimal checks on goods from ireland to great britain. we are back with kallum pickering and chris ralph. on thes disagreement london set about what happens next. kallum: let's completely zoom out. the nature of the uncertainty markets face has changed over the last two weeks. before we were facing certain -- uncertainty on the brexit destination. now we are facing uncertainty on how long it takes to get to the brexit. hard brexit risk is quite low around 10%. the di

mr. macron capitulating isn't it?hing much shorter to put pressure on parliament to try and patch something over. boris johnson said he wanted elections and so three months we understand from the european side that actually is just the right way to give them enough time to do what they want to do without sounding too political. that noou're pretty -- deal is on the table. what is priced in the market. jeremy corbyn said he wants to give him an election if there is no cliffhanger. is playing aorbyn delicate balance in his own labor in thee of polls. i wouldn't necessarily take the words on face value of no deal. for the market, i suppose the big problem with the withdrawal agreement though is if trade negotiations aren't successful after this deal is implemented -- even when it's passed, there could be a secondary no deal in the middle of next year. this isfrancine: bloomberg. ♪ ♪ headlines coming up. louis vuitton will speak to tiffany's. mr. ermotti of ubs is obsessed with cost-cutting. and at the eu, saying a brexit

rouhani refused to come out of his room and macron left empty-handed and mr.eft hanging. linda is on the line supporting impeachment. caller: yes, i do support impeachment. the investigation needs to go on. donald trump seems to have no respect for the law, only if it benefits him. he seems to think if a court disagrees with him, then the judge must be a trump hater. and a person who tells the truth as a rat. the whistleblower is protected by federal law and he has no right to try to find out who it is and endanger them. he i am tired of his just -- has no respect for the office of the president, none at all. faye from alabama, opposed to impeachment. caller: yes, i oppose it strongly. fayei agree with the lady from georgia. i think, this is my opinion, i watched this a lot. everybody who is speaking against our president actually hated him before he even took office of president, ok? and adam schiff has no business calling donald trump names. let me tell you something, we are all human. if somebody keeps calling me names, yes, i will probably say something ba

emmanuel macron reportedly told him to amend his plan by week's end. mr. johnson is still threatening to yank the uk out of the eu with no deal. >> in the meantime, britain's brexit secretary is suggesting the government could be flexible when it comes to the irish backstop. listen. >> the backstop is a unicorn that has failed to materialize three times in parliament. ist been rejected -- >> it's not -- >> it's been rejected three times in parliament. the reason for that was the concerns around laws applying in northern ireland over which people would not have a say. and the fact that it was at odds with the agreement in terms of failing to get the consent at both sides. >> and ireland's prime minister says time is tight to reach a compromise. >>> well, british foreign secretary dominick rabe is getting personally involved in the case of a car crash involving a u.s. diplomat's wife that left one man dead. rabe is set to meet with the family of 19-year-old harry dunn who was hit and killed in that crash. >> police say the woman who has diplomatic immunity w

mr. mulvaney: i think we can. as i understand it, there'll be other leaders there anyway. for example, i met with scott morrison, the prime minister of australia. i assumed he met with president macron even though australia is not part of the g-7. but i think the original question i got was turning it from the g-7 to a g-8. reporter: can he invite president putin? mr. mulvaney: yes, he can. reporter: would he consider doing that? mr. mulvaney: i think the conversation we've had about whether or not we turn from the g-7 to g-8 that could be an intermediate step. reporter: you mentioned the president is willing to take the criticism on this, but what about the country itself? is there any value to sending a message to the world, especially given that all that's happened with foreign interference an attempts at foreign interference in our country, that this president and this country is not open they are kind of self-dealing that happens in other countries is that not an important message to send when you're inviting the world to come here to the united states? mr. mulvaney: no. any last g-7 questions? >> why has no other g-7 ever been held there before? mr. mulvaney: they didn't go lo

mr. rouhani and iran, saying that he would perhaps be somewhat open to the plan that europe has laid out, including a $15 billion credit line backed by oil at french president emmanuel macronleading. he doesn't like the language, necessarily, but is supportive of the idea. some conciliatory talk coming from both ends. coming up on this program, online trading price war. charles schwab plans to eliminate fees. more on that in today's wall street beat. if you have a bloomberg terminal, check out tv . you can check out our charts and graphics, interact with us directly. just go to tv under terminal. this is bloomberg. ♪ viviana: this is "bloomberg daybreak." coming up in the next hour, julia coronado, macropolicy perspectives founder and president. now to your bloomberg business flash. the financial decoupling between the u.s. and china is growing. according to "the financial times," chinese venture capital investment in the u.s. fell to a billion in, just $4 u.s. companies. those firms are turning their attention to india and south east asia. norway ends a two-year process t was a proposal to -- resale prices for manhattan apartments fell the most in more than eight

macron -- in a microgravity environment. the goal is to have everybody know that we want space to be for everybody. we are making those investments to make that a reality. >> thank you, mr. chairman. i want to talk about commercial space launch vehicles. what commercial launch vehicles exist today that are in development that can or will be and getlaunch the hls to the moon to accomplish the u.s. boots. roots -- on the moon by 2024? if we arestine: taking humans, the only rocket that is available to take humans by 2024 is the sls rocket and the o'ryan crew capsule. -- the orion crew capsule. there's no other way to accelerate that program other than sls and orion. that is to carry humans to the gateway. when we get to the gateway, we need a landing system. the only rocket i can think of now that would exist would be the falcon 9 heavy. there are other rockets in development. there would be the vulcan, the ula product. one would be the starship, a space x product. another would be the blue glenn, a blue origin. >> there is a chance the northrop grumman omega would be able to help as well. >> how many of those are currently flying? mr. bridenstine: the falcon nine heavy i