what do you want to see from osborne's budget? still to come, we will be looking in detail at that bhp billiton spinoff and examining why south32 missed estimates on its trading debut. at 10:00, we will be talking to parliament. at 10:40, as facebook comes under renewed scrutiny for its policies, i will be joined by a guest on protection of privacy. ♪ francine: welcome back to "the pulse." we are live on bloomberg tv and radio. the new u.k. parliament will meet for the first time since the election this afternoon. over the weekend, the chancellor announced that he will deliver a second budget on july 8, setting out some of the pledges made by his conservative party in the election campaign. meanwhile, the front runner in the race to become the next labor leader has called on david cameron to move forward with plans for an eu referendum. >> i've been watching how public opinion is changing. there is appetite for a referendum. i've said very clearly that we need to bring forward that referendum. the worst would be a prolonged period

george osborne expected to come out of 10 osborne -- 10 downing here any moment now.nservative party really shifts gears from being careful not to get too triumphant as they were earlier in the day. back to you. guy: ryan, thank you very much indeed. we will see you in a moment. ♪ . g's european headquarters in london. i'm guy johnson. so coming up in this hour, stock surges as david cameron's conservative party led the elections. the pound is also jumping against the euro and against the dollar. gilts also leaping with yields falling sharply. the conservative leader david cameron back at number 10 while the labour party takes a beating, the most high profile loss, the shadow chanceler. -- chancellor. ed miliband will remain shortly. a big night. a big morning. let's find out the latest. jonathan ferro standing by. jonathan: thanks, guy johnson. the conservative party inches away from a majority. you can see the action straightaway straight away on the bloomberg terminal. the pound stays higher throughout the night and morning. not just against the dollar bhutch stron

guy: george osborne.his speech was about the economy, the budget is a big part of the conversation, any suggestion on what is going to be in that legit? >> yes he specifically asked government departments to find extra savings by july and say you promised 13 billion by 2017 this is how we will do it. guy: he talks about productivity. that is something that puzzles everyone. the top economics are trying to figure out why productivity is so low. >> yes, he has promised a productivity plan to address these issues. of course there are no quick fixes, essentially he will look at how to improve infrastructure, things like broadband, how to make business more efficient. of course it does not look at various business investments. guy: identifying the problem is part of the issue. cameron is also speaking today he will speak about in them -- immigration. this is part of the relationship with the eu, what will he say? ask he will promise the words on seizing salaries of illegal migrants in the u.k.. deporting peopl

from the prime minister but that is what george osborne has been saying.yan, thank you for now. quickly back to john, apologies our conversation keeps being interrupted. briefly, your thoughts on interest rates. are we going to see fiscal holocene tighter than the markets expected? then interest rates -- >> in the short-term this is continuity they will mainly determined by what is going on in the underlying british economy about what goes on in the states and china. but for the markets, i think the main changes will come in the areas which are relieved. housing and the mansion tax kensington, non-dom, the shires versus the inner-city who can expect a bit more of public spending and on the other side george osborne will now have to deliver his spending cuts because he has tied himself down to no tax increases. so where will you find them? anna: in the run to the election, the parties perhaps thought they would not get majorities. so where's this -- there was this flurry of gifting and a lot of the parties thought we will not have to deliver this and now we

george osborne is going to remain on as chance there.an smith is going to be in charge of pensions. the welfare reform that has been so controversial that is going to be under his watch. the chief wit is going to be justice secretary. we don't know who is going to be business secretary yet. various papers were speculating over who might take that role. one used to be an investment banker. he's also had experience at culture as well. a diverse range of experience. look out for a number of women being appointed to the cabinet as well. david cameron has made no secret of the fact that he wants to see around one third of his appointments in the cabinet being women. we will see if he has anything that advances that course. mark: and of course after ed miliband stepped down, labor is looking for a new leader. run us through some of the names in the frame. anna: chakra mono was speaking on the bbc, suggesting not telling us whether he wants to stand right now, but suggesting that he does think labor does better when it has a very broad offer. l

. >> and sharon osborne taking some time away from the talk. why doctors told her to leave the show and when she'll be back on television. >> ♪ ♪ >> a lot of people will be singing along with he had sheeran, in town for a concert at the man center i like his sounds. >> you should be going ukee. >> i should be sleeping. >> true. you would be rather groggy tomorrow. you can still sing along. ♪ ♪ new jersey's pension system is a mess but don't blame teachers and other school employees. over 20 years, teachers have paid more than 10 billion dollars into their pensions, but new jersey politicians have paid just three underfunding teacher pensions by billions. unless the state makes its pension payments the entire fund could disappear in twelve years- threatening over 200 thousand teachers with poverty in retirement. school employees have done their part. now, politicians need to do theirs. it's only fair. you've tried to forget your hepatitis c. but you shouldn't forget this. hep c is a serious disease. left untreated it can lead to liver damage and

george osborne spoke to the cbi yesterday. did you give any clues in his speech?ng forward an emergency budget. july 8 is the date. reporter: what he has done is asked government departments to find extra savings by july so he can stand up and say i promised 13 billion and cuts but i will deliver them in targeted manner. what he is also going to do is give us more detail on the extra funding and how it will be delivered. mark: he also chatted about productivity. that has puzzled many an economist. reporter: he said he will address it. how he will achieve that remains to be seen. he will focus on improving productivity. he will have a vote on a few measures about and lamenting broadband. the productivity puzzle has been the big question hanging over the u.k. economy. at the end of the day it is going to affect growth performance. anna: a lot have been talking about it for so long but it will be a focus and he has made some key appointments people who are on the same page with him in the need to invest in the future. reporter: he has jim o'neill on board and another

. >>> when we come back, sharon osborne osborne, why you won't see her on her popular talk show untilh. our "instant index," up next. i even accept that i live with a higher risk of stroke due to afib, a type of irregular heartbeat, not caused by a heart valve problem. but i won't accept giving it less than my best. so if i can go for something better than warfarin ...i will. eliquis. eliquis... reduced the risk of stroke better than warfarin plus it had less major bleeding than warfarin... eliquis had both. that really mattered to me. don't stop taking eliquis unless your doctor tells you to, as stopping increases your risk of having a stroke. eliquis can cause serious and in rare cases fatal bleeding. don't take eliquis if you have an artificial heart valve or abnormal bleeding. while taking eliquis you may bruise more easily and it may take longer than usual for any bleeding to stop. seek immediate medical care for sudden signs of bleeding like unusual bruising. eliquis may increase your bleeding risk if you take certain medicines. tell your doctor about all planned medical or dent

the austerity prescribed by george osborne. at first the imf said what are you doing, no austerity.hen the imf had to apologize to george osborne and the british government for effective -- how effective their response was. pimm: and now they are using the same argument for greece. olivia: sometimes it feels like the imf forecasts are actually retroactive. pimm: the figure of them out based on what already happened. yesterday's news tomorrow. olivia: that is actually hu europe's economy. it is even more severe, the lack of productivity in the u.k. than it is in the u.s.. pimm: with your experience, having lived in the united kingdom, have you noticed if there has been any change in the government's role in business? part of what david cameron has talked about is moving out of the way of business. olivia: avery think you're in the city is thrilled to see that ed miliband is not going to be in charge because their bonuses are going to be safe. the big charge question is going to be the role of scotland in westminster. pimm: after the s&p win. olivia: thank you. thank you for being her

osborn is targeting so billion pounds in cuts from the civil seniors.or london homes fell the most in nine months in may over concerns that the labor government would have imposed a so-called mansion tax. prices dropped 2.3% in april. london's finance industry continues to hire despite the uncertainty surrounding the election. job vacancies jumped to 14% in april, a slight increase. you can find more on that story at bloomberg.com/europe. manus: join us on twitter. the chicago fed said there is no compelling reason to raise rates. mark: coming up, more on greece. when willits life line be maxed out? later, is the eurozone deflating beast to be blamed? and we are going to count down to the europe mark's open. 0 so minutes before the start of trading. anna: we will look at the prospects for the greek economy and what it means for investors, stay with us. anna: welcome back. are we entering the end game for greek banks? the country's central bank could have as little as three weeks worth of capital left. our next guest says some sort of greek default is in

in the last few hours george osborne gone. ed balls, gone. a significant shift in the economic landscape. andanna: warmly congratulating his conservative rival saying he had a sense of sorrow. now we wait for the leaders to acknowledge the outcome. the latest forecast is that the conservatives will get 300.9 feet here -- 329 seats. let's talk to the global market strategist at j.p. morgan chase. we will talk europe what is your sense at how quickly this euro question will dominate. how quickly will they push this through? they want this off the radar don't they? david: they have made it very clear that the legislation that permits a referendum is a core plank of their policy. they want to get that on the books. they want to get the referendum date set. guy: when? david: two years. i would say they will stick to the plan. you put the date in and go to brussels. the brits could leave. you hesitate when you say i want this i want that, to make the case to stay in the european union. anna: avon, thank you very much for joining us. -- david, thank

we know that george osborne is reappointed as chancellor.ain duncan smith is back in charge of pensions and welfare. that could be a crucial role given what we know about the conservative plan for cutting back on welfare spending. look out for some key women to be named as well. david cameron once a third of his cabinet to be female. guy: thank you very much indeed. anna edwards joining us from downing street. francine: bank of england governor mark carney will reveal his latest rate decision today. we are joined by bloomberg's jennifer ryan. it is quite a big week because we are expecting that inflation report. jennifer: think about it. the announcement of the rate decision is delayed until today. policymakers were meeting last week. amid that uncertainty you could see a really big argument for them not to do anything. on top of that, inflation is still at zero and their target is 2%. guy: jen, talk us about the market moves and how economists are changing their forecast. we got carney speaking later on. where is the current forecast versus

george osborne just reappointed chancellor of the exchequer.ime minister. francine lacqua in two minuetes. ♪ >>matt: it is time for bloomberg on the market. midway through the trading day, we have the continue rally of u.s. stocks. the dow jones industrial average up 1.5%, gaining 278 point. the s&p up 1.4% at 21.17. rising up to a high there a record high. the nasdaq up at 5,013. very interesting look at the s&p. as the jobs number impressed on some levels. the unemployment number did at 5.4%> the uk election. i'm here with -- he's an equities derivatives strategy. i want to ask you about the market in general. this has more to do with our jobs number than the u.k. election, but we rise in sympathy with what is going on in europe. >> at the same time, we continue to believe the market has the legs to go higher. of course, 30 cent spike in volatility and a coalition between the stock market and the bond markets -- stocks and bonds were selling off together sharply and start to rise back up together. we think this is not going to last and fadeaw

we want to have people that take ownership and osborne or ship -- and have entrepreneurship.ke sure we have the best location in the market and the best store managers to run that store. we want to attract people that have that ownership and have the passion for retail and take the keys and run the store. erik: are you talking about store managers or the people in the aisles? daniel: throughout the board. we want to a check part-timers that want to earn extra money. we are seeing people want to come to us and grow into store managers. when the people going into controlling functions, we need people in the supply chain and so on. erik: how can you afford to do this? stephanie: retail is a race to the bottom. people want cheaper product review already sell inexpensive products. how can you afford to do this? john: we believe in the people believe in the company and we see one way of keeping your organization structure lean is by having people take more ownership so we don't have to have a big top level. from the beginning when you keep the costs low, when you do have a lower co

. >> sharon osborne taking break from the talk for awhile. doctors say she was suffering from extreme exhaustion, so, she is taking a month long break from the show. osborne's rep told people magazine she collapsed last week after trips to new york and toronto. she also had pneumonia earlier this year. you can catch the talk every weekday at 2:00 right here on cbs-3. >>> wish her well. very nice lady. >> got to take care of yourself. >> indeed. >> emotional wedding photo between us marine and his bride capturing hearts all around the country. >> this shot owe shows corporal earwood when he wanted to pray for their marriage together before saturday's ceremony. to keep the tradition of not seeing his bride maggie before they walk down the aisle, they took that moment with the doorway, inbetween them, to block the view. >> you can really feel everything. if you would have been there would you have known like it was just special very precious. >> just wonderful thought. that has been a combined 50,000 likes on the photographer's facebook page. >>

let's quickly touch on this budget we're going to get from osborn first. we've had this conservative majority. everything is looking hunky dory for the u.k. doesn't it. >> i don't think it really changes anything for the u.k. relative to how it was the last couple of years but of course that are lack of change is itself a big change. nearly everybody by myself included expected a very dramatic change right now. and it couldn't be able to carry on and push through the policies they denounced last year. i don't think anything changes very much in terms of economic performance. possibly not for the markets because as we now know with hindsight, the markets were sort of positioned for the outcome that emerged because there wasn't much response but i think it does change the outlook in terms of much greater stability, much greater predictability in the british economy than certainly i expected a month ago. >> do we have stability in the face of a possible brexit or is that risk overdone? >> no i don't think it's overdone. i think brexit and particularly the deb

to -- it was recommended as amend to approve the mayor's appointment of carla bryant and meredith osbornia stebbing to the office of early care and education citizens advisory committee. >> can we take this item same house same call? this motion passes unanimously. can we go to roll call for introductions? >> supervisor campos is the first supervisor to introduce new business. >> thank you very much, colleagues i have a couple of items. the one item i want to discuss there. an ordinance to create an emergency fire task force that for the next three months will meet to review and to develop legislation as well as others solutions for the purpose of improving fire safety here in the city and county of san francisco. this seven member inner agency task force will include representatives from the building inspection, public utility commission as well as the san francisco attorney's office. with the focus on fire safety specifically in multiunit residential and mentioned used buildings. we've had a number of fires in the last few months in a -- and a disproportionate numbers have occurred in

and something -- an animated feature from mark osborne, who brought us "constant panda," based on a novel let about the things that are most important cannot be seen with the a's but must be felt with the heart. molly: that was lisa nesselson reporting from the cannes film festival. i enjoyed in the studio by william hilderbrandt for the business of a. you are starting off with an important meeting on the eu partnership meeting. >> the leaders of france germany, and greece met to discuss the greek debt crisis. germany is cautious and wants to see words backed up by action. talks have stumbled over pension cuts, labor reform, fiscal targets, and increases in fiscal attacks. they are trying to release -- to reach a deal over the forms that would release 7.2 billion euros. let's get a quick check on the markets. the ftse is the only index up at the moment. investors have adjusted a lot of data. the german economy grew 3% versus the previous quarter. france also saw its business estimate at its highest since 2011. investors will also be looking ahead to a speech this friday from the u.s. cent

david osborne: it's something we have had to adapt to, it can be useful. it is useful for us to know where dangerous locations are in the kind of driving that's going on. we had prosecutions as a result of some of the video that has been sent to us. reporter: dave sherry's efforts have resulted in 70 convictions. he doesn't care that some people hate him for his videos. he just hopes he can help make the streets of london a bit psafer for everyone. damien mcguinness: interesting idea. making the streets safer with certainly be nice. but things might start getting chaotic if everyone started taking the law into their own hands. feel free to drop me a line and tell me what you think about that or what you would like to about the show. or even what you didn't like. i can be reached on twitter and on our new facebook page, where you can find a video showing what happens on "focus on europe," behind the scenes. i look forward to seeing you next week, same time, same place. [captioning performed by the national captioning institute, which is responsible for its

francine: george osborne days after being reappointed.e plans to start talks about britain's relationship with the eu. he is now the chief negotiator for the u.k. we are back with paul donovan. author of the new book "the truth about inflation." if you look about inflation in europe, how likely is it -- theat all rates stay as they are? paul: very likely. dr. draghi has been disingenuous in claiming there is a deflation threat in europe. there is no deflation threat in europe. deflation is a decline in prices. we do not have that in europe. we have one price that has fallen -- oil. people behave differently. ironiciallally, in europe the one country that can make a claim that has deflation is greece. so the threat of deflation was conjured out of thin air by mr. draghi. guy: is monetary policy appropriate for the inflationary environment? paul: as far as the eurozone is concerned, the quantitative policy we have got does not make a great deal of difference at the moment, frankly. the general policy environment is reasonably appropriate. b

who does cameron and osborne need on-site vocally to invoke substantial change?i suppose mrs. merkel. in europe. she is playing a clever game. she is fantastically able. she [inaudible] her domestic audience as well. this line of britain pushing for concessions is not the right way to go about things. i think the people are fed up with britain asking, we are different, we want something special. cameron should be saying we are reforming the eu. not just for britain but for all of us. mark: there is appetite for that. we do know, don't we? maybe in sweden. how much appetite, how many people are going to put their neck on the block and admit they need change? roger: it is difficult. you have elections coming up and germany, other countries. i do not think they are going to come up with anything radical enough. you have to hope cameron is wonderful at presenting this to the british people. anna: remember that. and they are dealing with greece and the migration crisis. and the mediterranean as well. what about the broader implications of the conservative majority? in

then a visionary historian, osborn oldroyd who loved abraham lincoln and was obsessed with honoring lincoln occupied this house. and he created a lincoln museum in the basement and in these rooms. and for a small price, visitors from all over the country could come to the house where lincoln died, which it was known as properly, and come to this room. so over decades tens of thousands, hundreds of thousands of americans came and visited this room when it was a privately operated museum. it was not until decades later that the national park service took custody of the peterson house and restored it to its original appearance as it looked on the night abraham lincoln was assassinated. the peterson house is one of my favorite historical sites in washington. partly because it's not gigantic and grand like abraham lincoln's white house. it's not huge like ford's theater where an audience of 1,500 or 1,800 sat and watched the mayhem that happened across the street. what i like about the peterson house is the intimacy. when i was working on my books about the lincoln assassination i would often co

george osborne has reappointed the cafferty of the npc. npc. tesco is up 1%. potentially after mr. clark's termination. deutsche bank's flat at the moment. the challenges will be raised. vodafone is up 13% -- .13%. what they have said here is that the standalone process for vodafone is something they are questioning. they need to reset the dividend strategy. they need to contemplate taking liberty as being the senior role. that is something they are saying. operating synergies could amount to $22 billion. they really do like that tesco news. after that payoff to mr. clark. the mining companies, why am i surprised? china's growth numbers are disappointing. the aussies are worried about the chinese level of growth. of course you are seeing billy's up. glencore is up. that will be one to keep an eye on. rio tinto up .80%. we will wait to see what these pmi's bring us. jonathan: what a busy morning. french pmi's coming through in the last three minutes for it 49.3 is the reading for manufacturing, slightly better than the survey of 48.5, a pickup from the previous month. it is getting

george osborne targeting 10 billion pounds of cuts.sking prices for london homes found the most in -- how they would impose a so-called mansion tax. staying in the u.k. the first day in a new parliament under a conservative majority led by david cameron. a big day for them, they have already called a budget in july of all things. guest: this is the first budget we will get for quite some time. you mentioned the job cuts. these are part of spending cuts outlined however, he now can go even further. he has also promised savings and welfare up to 12 billion. he has also promised a great increase in funding for the nhs. what we need now is detail. jon: will be get any clarity? governor mark carney has been sticking his nose into this as well. guest: a lot of calls from lobby groups, from labor. jon: is that a surprise? guest: know, because i am a cynic, but it is the way of really distancing himself from ed miliband's leadership. i think these calls will multiply as we get closer to this deadline. cameron himself has said he will bring it

julie chen cherry, sharon osborne.you have any clout that you could mention it next time you see him. >> are you proposing the same number of cbs employees or just you and me? you and me i might be able to swing that. >> just this table and, of course, sara gilbert. >> yes. sara gilbert, she's already had the baby, a little boy. she's at home recovering. >> he's growing so fast every day. she'll be back in a few weeks. but you know what? with nursing and traveling with a newborn we said you need to take care of baby and stay home. we will hold down the fort. and that is why, gayle, you're coming to help us out on this friday show. >> i'm very excited. looking forward to it. >> what day? >> friday. >> friday. >> but you tape it every day, so you won't miss it. charlie's got it covered. you guys were here. you were talking about mother's day. you were talking about mother's day and the celebration. you went yesterday. tell us what you did. >> leslie and i brought our 5-year-old charlie to the whitney museum. oh, my goodn

install two fire extinguishers rest might happen on tuesday with three in the aftermath official osbornependent contractor from e.t. fire protection and have to expect in fire extinguishers, a lot of the that the expression of one's teeth with the suspect demanded money and then took off with the two fire extinguishers and drove off and then were black bmw s 3 >>mark: chivas a reporter would happen and the superintendents he was of less than last month that it in baltimore wife credit facility released after posting bail his next court appearance this on june 26th he previously worked as a bagman " at the bat maintenance of city and at the crystal springs upon school. >>darya: use in and do that traffic lane splitting along of the subjects of the heated debate in california is unsafe dangerous a great and easy way to work as they have never expressly forbidden it for a loud the more selective in their one-two they do it on thursday they approve legislation that will permit lines putting the bill requires more effective drive under 50 mi. an hour when they do it with the american motorcy

george osborne has re-does reappointed -- reappointed. web not seen too many comings and goings. greatly -- graley will be leader of the house of commons. we saw him going in a few minutes ago. all eyes will be on the door behind me. jon? jonathan: all eyes will be on the bank of england's decision. every single economists surveyed by bloomberg expects the rate to remain at a record low. why did the majority and the effect on fiscal policy could have an impact on what the bank of england can do, what is the take away? anna: it is interesting. the market has a reappraising were key interest rate will go on the back of the conservative majority pretty if the government is going to run a fiscally tight ship, does it mean the bank of england has to keep rates lower for longer to allow the economic recovery to continue? the markets to some extent haven't adjusted and are factoring in the first rate rise of 2016. mark carney is going to be speaking on wednesday. will he take the opportunity to push back of when a rate rise will occur or will he decided you are getting complacent at a r

john: osborne has done a fantastic job keeping the economy going. a lot of skepticism about it. britain is growing faster than most of the other developed countries, europe as a whole. you have the thing of reducing the size of government. the tough thing miliband is doing is issues interfering with business, micromanagement. he is a much more left-wing leader then say tony blair and gordon brown. charlie: what are the big issues? john: this is a bizarre election. we are used to having conservatives and labour. you will end up with a weird thing where labour, which came from scotland, could end up losing every single seat in scotland and still ed miliband becoming prime minister. it is like hillary clinton storming into the white house having lost california and new york. on cameron's side, despite the fact that he has done a good job, he does not seem to be able to convert people into voting for him. i think it is partly because miliband has run a successful campaign. he has made promises to pensioners and students. he has managed to did pick cameron as someone surrounded by pe

emily: cameron has already appointed george osborne as the exchequer. the extra cash would give teva the ability to increase its offer. last one, mylan rejected the takeover offer. a federal court says broadcasters will not have to turn oversensitive documents to the fcc as part of the government's review of the at&t directv deal. the court ruled the fcc did not deem it necessary to the process. aol shares are rising the most in 16 months. the company reported a 7% gain in first-quarter sales and turned a profit of $7 million. they have shifted their focus to digital advertising and sales. now to the lead. hoover is willing to spend billions to buy one of the world's largest digital mapping services. uber has submitted a bid of up to $3 billion for new kia's -- nokia's mapping business. uber's bid is competing with another one from a group of german automakers including bmw, audi, and mercedes-benz. they are also teaming up with baidu on their offer. joining us is cory johnson. with me in the studio is the mapping expert,. i am so glad you are here toda

george osborne will be looking to steer talks toward britain's role in the eu including a possibility of a grexit. >> we come here with a clear mandate to improve it and reform the eu so it creates jobs and increasing living standards for all of it's citizens. i don't think anyone is in any doubt we'll hold that referendum on the european union having conducted the negotiations. we go into the negotiations aiming to be constructive and engaged and resolute and firm. >> within the last hour the u.k. chancellor arrived at his first euro group meeting since the surprise election victory. aside from the grexit george osborne will be looking to steer talks toward britain's role in the eu including the possibility of a grexit. when you take a look at financial markets, markets are more focused on the potential grexit but there's the potential of britain leaving the eu. >> you're right in terms of the scale of the issue but the timing is also crucial and yes we have at least a year according to your latest estimates before we start having to even think about the prospect of a british exits.

. ♪ charlie: do the majority of people believe that george osborne is right in terms of the economicolicy, the austerity that he brought to great britain? did the majority of people believe paul krugman is right? that that really had nothing to do with it. ian bremmer: i think there is an ideologically divide. they have a much bigger problem with the middle class. that probably need more transfers. charlie: social inequality and economic inequality. here's what is interesting for me. give me your assessment of bill clinton's foreign policy. ian bremmer: i think it was in some ways as nonstrategic and reactive as we see from his successor. i think bill clinton inherited the soviet union has collapsed. we have won, so we don't actually need a global strategy. it is a question of taking the manager of being the world's great power. charlie: what happened and what could we have done? many people see that as a crucial time between -- while the berlin wall fell in 1989. between that time and you know. ian bremmer: who lost russia occurred under his administration. it sounds quaint compared

george osborne, they stay in the same hands. he has a small majority government. he doesn't have to share power with the lib dems. they have gone. he has positions to redistrict amongst his own parliament that will give him treats in which to demand favors. >> simon mcgregor-wood, he'll keep his eye on developments in the u.k. forest. >> now, a military transport plane crashed in the south of plane, killing 10 crew members. it took place on the edge of seville's airport. the airbus a400 m was undergoing trials at the time of the accident. seville's airport as been temporarily closed. >> palestinian leaders ruled out a possibility of resuming peace talks with the israeli government. the coalition formed by binyamin netanyahu includes the jewish home party which has rejected is 2-state solution. it wants to expand illegal jewish settlements in the occupied west bank and east jerusalem. mike hanna reports from ramallah. >> reporter: a political science class under way at this university. 61 seats out of 120 formed the israeli government, students are told. if any par

i think if the conservatives were to win it would probably be osborn. they are going to have to negotiate seriously with europe. they're locked into a two year time scale if alexander wins his seat. >> he would be labor secretary. >> and a good one. if not, they will have to find a good one and there are many talented people. there are big issues. we had a cold war there was a big argument starting about what we were going to do about the soviet union deploying ss20's from europe and how it should be grappled with. there were many other big issues. africa had problems with what was then radisha. there were big issues. >> no one talked about the die tent weapons. >> that is one of the issues. nato is not spending enough money on its conventional defense. we face challenges in the baltic states. we face challenges in east europe and nato has got to get its act together. we face challenges in the middle east. we need a proper policy over palestinian and israel. tony blare needs to be replaced and we need to new consider at the time, a spokesman and we've g

osborne house? 1, 2, 3, 4? ok. it is on the isle of wight on the south coast outside of portsmouth. this is where victoria and prince albert made their getaways. they made many, many, many additions to the house, as you can see over the years. i do i bring this up because if you have a certain amount of money as an american, you had your own ship that took you to england. you wanted, if possible, to stop here and get invited to the house. and this is a big deal for wealthy americans to get received by queen victoria at her house, her osburne house on the isle of wight. just a couple of the interiors to give you a certain sense of their taste, or some people would say their lack of taste. but very cluttered interiors. the room on the right is the indian room, all carved in india. of course, the symbol of english empire. it is interesting, just to the range of elements that you get. this is her boudoir on the left. i am showing you a detail. the house is still owned by the crown, though it is managed today by english heritage and is open for business. there shows what the boudoir look

. >> rose: do the majority of people believe george osborne is right in terms of the economic policy, the austerity that he brought to great britain, or to the, or do the majority of people believe that paul krugman is right saying that really had nothing to do with it? >> i think there is an ideological divide between the united states and europe generally speaking where we are much more willing to plow it down and spend money and. >> rose: infrastructure dack -- >> and they are not, they are in a place where -- they do have a much bigger problem with the middle class and more -- >> rose: social inequality and -- >> yes. >> and economic inequality. this is what is interesting about this book to me among many things. give me your assessment of bill clinton's foreign policy. >> i think it was in some ways as nonstrategic and react if the as we see from his successors. i think that bill clinton inherited. >> rose: soviet union has collapsed. >> we have won and so you don't actually need to have a global strategy, you know? it is much more a question of taking advantage of being the worl

>> yes under most terms cameron has done a relatively-- osborn particularly has done a fantastic job on keeping the economy going. a lot of skeptism britain is growing faster than most of the other developed countries, much faster than europe as a whole. and you have had this thing of gradually reducing the size of government. it's partly that but actually the really tough thing that miliband is doing is coming across on issues to do with interfering with business and micromanagement trying to take over energy things. he's a much more left wing leader than say tony blair was and probably also than gordon brown. >> rose: what are the big issues? >> well, i think the really-- starting point is this is a completely bizarre election. we're carrying a thing where we had conservatives and labour and we most likely certainly will end up with one of those leaders but you will end up with this completely weird thing which lab our which came from scotland, most of them were scottish, could end up losing every single seat in scotland and still have miliband becoming prime minister. in american

in an interview with guy johnson, george osborne says that sticking with david cameron is the way too for voters hitting the pollls thursday. >> there are two choices as the general election looms. you can either have a bit cameron back in the job on friday leading a strong and stable government or we can have the political instability or economic chaos as a result of the week ed miliband propped up by a scottish nationalists. betty: the polls continue to suggest a hung parliament with cameron and miliband sinking a last-minute swing to form a majority government. the tech word is offering tributes to dave goldberg who died friday night. the 47-year-old was the husband of facebook chief operating officer sheryl sandberg. the couple were vacationing overseas when he passed away. the cost has not yet been disclosed. those are your top stories this morning. when it comes to mcdonald's, everybody has an opinion on how to shine back the golden arches. this morning, steve easterbrook is taking charge. he is right now unveiling details of a plan to turn around the company's fortunes. happen

tonight, we will hear from -- lorie osborne and christina myers. we will move right into the moderated part of this discussion. we are going to be a few minutes behind, so i will start with chris. if you could talk about the early influence in alice hall's life. what about her upbringing and her family could have influenced her later on as she became a reformer in her own light? kris: she was a quaker, but she was -- she was following her family, who advocated getting away from the materialism of life and getting back to nature and getting back to the morals of humanity. they were the abolitionists, they tended to get into suffrage -- they tend to be the activists or reformers. her mother was a suffragist. she was brought to her first suffrage meetings in her hometown in new jersey. we know that had some influence, but is not until her 20's when she becomes involved in suffrage. what quakerism did for her, she grew up in a small quaker community, completely quaker in southern new jersey. she grew up with the idea that men and women are equal. they