now positioning himself as a kind of proto— remainerlj and now positioning himself as a kind of protohe campaigned, the official position of the labour party was to remain. but privately... he's leading a party that wants to be in government and therefore an opportunity at the annual conference particularly if you say your government in waiting is to make your position then very clear and make it a different offered on the one that the conservatives proposing. this is also another good pro use position because we know

but i think the shine of that positivity hasjust gone a think the shine of that positivity has just goneemonstration of just to this time last year. and that is a demonstration ofjust how big a challenge for vince cable is. at 74 years old, we thought his political career was over. he was busy years old, we thought his political career was over. he was busy writing novels and dancing. we saw him do ballroom dancing competitions. now his life is very different and he carries a big challenge that the lib dems face. eleanor garnier at the liberal democrat conference in bournemouth. there's been a sharp increase in the number of firefighters unable to work because of mental illness in england and wales. figures obtained by bbc radio 5 live suggested a rise of nearly a third over the last six years. in london, the number of fire staff taking leave because of mental health problems has doubled since 2011. the home office said it was the responsibility of fire departments to put wellbeing support in place. jill tolfrey is the chief executive of the fire fighters charity. i think actually as a b

the overall story remains positive.wth in the world remain strong and we have a lot of liquidity. even if the fed has reduced balance sheet, most other ballots -- a central banks are pumping liquidity -- pumping liquidity into the system. we will see more corrections and i expect the dips will be bought. there are enough risks and just the fact that we're getting this hiring level yield will make it harder for equities. there is no reason to be bearish. see that theart to yield story accelerates quickly, i am not talking about the taper tantrum quickly but if it picks up quickly, that is a problem for the bond market. a lot of fun strategies are based on the idea that as the yield go up i could slowly roll my bonds into high-yielding ones and we could wind up in a situation where does not hurt me much. that does not work if this happens fast area the rate of change here looks important. absolutely. that is always the case and markets, the pace we do these directions makes a difference how much pain there is. what we're

what they will do with those positions. you have to expand your focus. if you don't do that, then it is very possible that people will say at some point, donald trump was a total failure as president, and then someone will write a re visionist book a couple years later and say, i don't know how much of a failure he was. he dialed down the struggle against climate change at a critical point. he prevented us from looking at the future of technology and the role that our changing economy will have in our lives because of changes in technology, because he just has no vision in this regard. he moved money out of social welfare programs and over to the military industrial complex that eisenhower and others warned us about. donald trump changed our country fundamentally. just that he didn't do it. the people he put in charge of cabinet agencies and regulatory agencies and all of these incredibly influential and powerful positions did it and if we don't pay attention to what they are doing, then shame on us. shame on us. because ul

remain mps have been positive, but brexiteers are quite worried.mple is, bernard jenkin, owen paterson, concerned about that two year period during which we would still effectively be within the european union, the same trade rules and what have you. so also concerned about the comments that we have had from europe thus far, which have not been as positive, perhaps, as team—mate might have hoped that this speech would have led to. on the emmanuel macron, his message seems to be it is good as far as it goes but i still want more. he was talking about the need for more clarity, and the key areas, three key areas that the key areas, three key areas that the eu has said from the off, you know, before we get through those, we're not talking about trade. and thatis we're not talking about trade. and that is the future of european citizens in britain, the terms of exit in terms of the financial terms of exit, payments into the budget, and also the question of the irish border. in terms of that speech that he may gave yesterday, she talked about how britai

donald trump gave these people positions of the immense power. that they can be wrong or do the wrong thing. that is not a team of rivals or the best and brightest they are there because donald trump thought they were smart, but this is what the smart person sounds like he doesn't say go out and run that. and probably the first big one to go. i know how gorka is but people with real power. >> but then to be put in charge of a department of state with each of these positions and why they exist. as was eisenhower referred to as the military complex. maybe we can have diplomacy or relate to the rest of the world. but clearly rex tillerson is not listen to or well-regarded and chosen to allow the department of state that in a way secretary of state in the history of the country have never done. and then the agency of the federal government but to say have you talked to donald trump like the middle east? lee did not get around to read. that you talked about this problem and that problem? he had no idea how he would relate to donald trump as president.

what's the position of has a law that says well. in towns across syria the infrastructure of al nusra and i saw has been destroyed this deprive them of the opportunity to continue fighting they surrendered. we along with the lebanese government wanted to hold negotiations on the means of surrender because eight lebanese soldiers were missing and we did not know whether they were alive or dead we intended to save them and a situation arose where we were able to learn about the fate of the soldiers for more than three years we were not able to do this so therefore we believe that with canes in many respects we have learned about the fate of the lebanese soldiers and the places that barrel have been located. the fighting ended so we were able to avoid further loss of life also we managed to retrieve the bodies of some of our fallen comrades. one of our members who is being held prisoner by isis must be released in accordance with this agreement so we achieve the best results at the lowest price and in the end i select the lebanese syri

i doubled up on it let's say i had a 40% position on my initial size position. i think you're still hoping for a buyout that's never a reason to buy the stock. mid-20s used to be the valuation of a quote unquote buyout. now it seems $20 is where you're looking for. i still think it's a buyout. >> i've been in and out of twitter and disappointed every single time. i'm not convinced if you go to 280 or 281 characters, that that's going to change this is not the type of innovation i'm looking for for twitter. i'm looking for them to embrace the fact that they're the new global newsroom. embrace that, be america's home page >> america's newsroom, people are looking for snippets, they're not looking for long articles but going from 140 to 280 really means you can get more content in there this makes it a media company. it's already a media company, but think of "business insider." >> the problem with twitter, they should have been instagram, they should have snap. they have the ability to be all of these things and they sort of let other people take their money and r

no, because the british position? no, because the british position? a complete fantasy. no, no, she's recognised reality i think and that's all for the good. what she has done, however, is set out her conditions for a transitional period as if it is in her power and in fact she has to negotiate the transition deal, as well as the long running deal. let's cross to owen paterson in our shrewsbury studio who campaigned for brexit. good afternoon to you? good afternoon. the opening lines of this speech were, we want to be a global free trading nation able to chart our own way. music to your ears i would have thought? absolutely spot on. i thought? absolutely spot on. i thought it was a very good start. that's what we'd all like. we'd like to have the very best trading terms with every nation on the planet. so she set out the right start, which is that we are going to leave the ecj, the customs union, which will give us the right to do the deals around the world, she confirmed all the programmes, which was very good. what worries me, my caveat will be the

so china is in a very difficult position.osition, which is some sanctions, but also going back to the negotiation table. is there any prospect of negotiations? i feel very uncomfortable with any analogy between mao tse—tung of the 1960s and kim jong—un. as somebody who has visited north korea, one of the significant differences is, north korea is a genuinely seriously evil place. i've been to some very nasty places in my career, but north korea was by a very long shot the nastiest of them. nastier possibly than we ever know. we do know that this is a man, kim jong—un, who assassinated his own uncle with an anti—aircraft gun, had his own half—brother murdered by poison in a kuala lumpur airport. to talk about negotiation and dialogue with this man could be a non—starter. i'm not sure you can negotiate with him. i think it's best to regard him as a madman. therefore what does one do about the nuclear arsenal issue? i think china has the best hope, that we can avoid conflict, because that would be devastating for everyone concer

so china is in a very difficult position. sanctions but also going back to the negotiation table. is there any prospect of negotiations?” negotiation table. is there any prospect of negotiations? i feel uncomfortable with any analogy between the mouse ate some of the 19605 between the mouse ate some of the 1960s and kim jong—un. between the mouse ate some of the 1960s and kimjong—un. as between the mouse ate some of the 1960s and kim jong—un. as someone who has visited north korea, one of the significant differences is, north korea is a genuinely seriously evil place. i've been to some very nasty places in my career but north korea was by a very long shot the nasty stuff them. we do know that this is a man, kimjong—un, who assassinated his own uncle with an anti—aircraft gun, had his own half brother murdered by poison in a collar love the airport. to talk about negotiation and i love that this man —— to talk about negotiation and dialogue with this man could be a nonstarter. i think it's best to regard him as a madman. there

what's the position of has a lot of this as well my household. in towns across syria the infrastructure of our minister and i still has been destroyed this deprived them of the opportunity to continue fighting and they surrendered. we along with the lebanese government wanted to hold negotiations on the means of surrender because lebanese soldiers were missing and we did not know where they were alive or dead. we intended to save them and a situation arose where we were able to learn about the fate of the soldiers for more than three years we were not able to do this so therefore we believe that with canes in many respects we have learned about the fates of the lebanese soldiers and the places that barrel have been located the fighting ended so we were able to avoid further loss of life also we managed to retrieve the bodies of some of our fallen comrades. one of our members who is being held prisoner by isis must be released in accordance with this agreement so we achieve the best results at the lowest price and in the end i select the lebanese

positive. a positive effectnot a massive d increasing growth. growth whichonized is not the worst environment so tax reform in the u.s. would help bring growth further up. guy: a quick question about this chart to get your rate on it. european stock volumes are the lowest since 2000 and the tech bubble first. there is no trade going on. is that because they think the market correction is coming? why is this happening? cyclesan: normally late comes to some euphoria in the markets. investors seem to be calm or cautious. guy: which one is it? christian: cycles i think both. geopolitical risk keep people from investing. if you look into the sectors in the u.s., you see a massive sector dispersion. it is showing quite low volatility, but if you look from tech energy, it is actually high and higher than recent years. guy: you can see this on this chart which we will talk later. andical versus defensive that is what is providing the momentum. pitching, very nice to seepitch. -- christian, very nice to see you. up next, we are live from the goldman sach

sterling positive.of medford saids comments, manfred the prime minister brings no more clarity. we are going to have to wait for angela merkel to have a mandate for brexit in terms of the german position. at least until early november. do you think that reflects the german position, merkel will plate really hard ball in this? or will she move with micron and it was constructive? guest: i think the german position is a very clear. issuel not be a serious in coalition. s to get real about what brexit means, then we can talk about trade. i don't think it will in the progress in any way -- i mpede progress in any way. britain still needs to move its brexitns more on the till before serious discussions can start. can't britain be a little encouraged by the inclusion of the liberal party, the free democrats in the coalition? they didn't seem the most eager to get a good deal with the u.k.. guest: yes, but i think that is a very small point. after all, we have 27 countries in the eu with a fairly united positi

the position of. the. in towns across syria the infrastructure of al nasra eisel has been destroyed this deprive them of the opportunity to continue fighting but they surrendered. and we along with the lebanese government wanted to hold negotiations on the means of surrender because eight lebanese soldiers were missing if let me out and we did not know where they were alive. we intended to save them and the situation arose where we were able to learn about the fate of the soldiers more than three years we were not able to do this so therefore we believe we have gained in many ways and we have learned about the fate of the lebanese soldiers and the places that verily have been located almost solely the fighting ended and we were able to avoid further loss of life for the army and so we managed to retrieve the body of some of our fallen comrades. one of our members who is being held prisoner by isis and must be released in accordance with this agreement so we achieve the best result price and in the end isol

positions that are held by the f.t. and use that to illegitimate her own. her or her own chancellorship and if so will that pull germany further to the right that's the kind of power that the a.f.p. might have will have to wait and see but we will have to wait and see just how much power they will have already had the lead to say on monday morning that she wants it with the party in parliament i mean what does that mean for the party thorsten bene. i mean the party is famously famous for its infighting among the top brass and it is also very factional there's a stark division between conservative nationalist forces within the more extreme right wing forces. so what we saw today that actually the leader of the party said i will not sit with the parliamentary group because i'm unhappy with the right direction the party is headed it may be further turmoil but we cannot be sure that the deal will self-destruct as we said as we heard they get a lot of resources being in parliament role now they even get to start their own party foundation and germans really need

do you believe that that is a legitimate position to take?the security council. nobody, not a single country in the world has entitled the united states of america to take the global responsibility on the global security issues. the united states of america is a country, a country among other countries, we have a collective mechanism of discussing and taking this kind of very serious decisions like interfering with other countries‘ internal affairs, like sanctioning other countries and all that stuff. if the united states of america continues to act unilaterally without any approval from the security council, it will continue to provoke response. the problem is that on the security council, you and china constantly backpedal, for example, when it came to new, tougher sanctions on north korea, you and the chinese clearly did not want an all out oil embargo on north korea so that had to be softened. so it‘s no good talking about the security council being a vehicle if you won‘t allow the security council to do its work. stephen, you are probabl

in a better position on trade. he said there were "obvious positive and negative effects the weaker greenback >> reporter: the secretary said the administration aiming for a reeve knew ne revenue neutral bill, and that would depend on how much growth the joint tax committee ascribes to the tax cuts. mnuchin playing down apparent differences between the federal reserve and the administration on the critical issue of changing the post-crisis bank regulations. >> i had breakfast with the fed chair yellen this morning. we meet on a weekly basis as have previous treasury secretaries in the fed and we have a very constructive dialogue on a lot of issues including regulation and one of the areas we are focused on working on with the fed is fixing the volker rule. but i think as you've seen the treasury put out a report on what we believe are regulatory changes i would say 70% or 80% of them we can work with the regulators. we have a working group on and the balance we'll need congressional support for. >> speaking about i

n the debt limit and peril his position -- imperil his position? rep. walker: i think we are going to need to see a stronger vision from him. reform asmes to tax opposed to the talking points, we want to know what that looks like. not saying he is not the person from the job, but he needs to do a stronger job and what he has done for the debt ceiling >> strong provision -- stronger vision? it is hisr: responsibility to understand from the policy side, not just his perspective, but the process of what it takes to get these done through committee and to be thelable, working alongside committees of jurisdiction to a compass this. >> does this deal with president trump and the democrats cause you anxiety when thinking about the future of tax form? do you think he might go off and try to muppet the way to bring democrats into what is now a republican focus tax reform plan? rep. walker: i don't blame the president for trying to bring .emocrats to the positions i understand it and i applaud him for it. this one-time event of him ,orking with schumer and pelosi

way the canadian dollar schoolyards which is another positive thing economists say you know like as they were predicting a slowdown this isn't happening that way so these numbers what we've seen in canada is for the past five years sub report or percent growth so if these numbers the study to the end of the year will see a three percent plus growth in this country and believe it or not five years we haven't seen anything like that since one thousand nine hundred twenty six in this nation so this is actually pretty big that this cycle is being broken wow those are some impressive numbers and good news for canada thank you so much alex we have is joining us from toronto thank you. amazon has been hit with an eclipse rated lawsuit the white house is trying to stop a russian oil company from buying a major refinery and the national labor relations board is going after test. has more on all of that for us right now about a week after the solar eclipse occurred amazon was hit with a lawsuit regarding allegedly faulty classes a couple in south carolina filed the lawsuit on tuesday claiming

i think he is trying to strengthen the position that he thinks is the right position to be going intothat there is a certain amount of division within the cabinet on what the relationship to wean the uk and the european union should look like a post—brexit. —— between the uk. on the one hand you have philip hammond and some powerful allies, such asjohnny hayward, the cabinet secretary, the treasury. they would all like our relationship post—brexit to be as close as possible to our relationship now. for those on the leave side, i think primarily boris, but also some other people within the cabinet, that is unacceptable. they want the transition arrangements to last no longer than two years. after that they don't want britain to continue to pay to be within the single market and they don't want britain to be subject to the european court ofjustice or to to be subject to the european court of justice or to have to be subject to the european court ofjustice or to have to accept any further rules handed down by the eu. there is this division. i think boris feels that in order to strengthen

claims are substantiated based on anonymous sources it all russian planes target only terrorists positions with high precision strikes they supported the statement by releasing footage of the earth strikes in problems. the claims made by the observatory science and anonymous witnesses ovo into traditionally unfounded and serve as an informational smokescreen for the actions of militants meanwhile the syrian army supported by rushes or force are fighting to eliminate. the foothold in providence they were some of the strikes we saw the earn our breaking news earlier in the bulletin the liberation of the city has been widely seen as a major breakthrough in the war on terror after being honored to have a siege for thirty six months residents there are not trying to return to some kind of normality while the city's youngest are now experiencing a new way of life and tastes for the very first time rock as the of his more. what these people have been through is indescribable joy and saw. you know how to little out of saddam in the way he didn't need. to count on my left hand counting the hand he

the ftp has taken a clear position.y bailout skeptics and on this, they have drawn some red lines and that more than russia would really a something where they would angle with merkel -- tangle with merkel. we know that a cousin they were in the government and exactly that happened. matt: we heard christian lintner telling us he would be for debt forgiveness for greece but then want to throw him out of the eurozone. they take that line with any kind of european union deepening. from the markets point of view, are there interesting angles to play if the ftp scores 10%, 11%, 12%? guest: i think there is, but not really on the front. there could be short-term repercussions on a peripheral spread, but it is unlikely parallel and similar to the russia issue, it is unlikely we , euroet an ftp driven driven at different speeds. that is very unlikely. it comes back to the play where you say think i am dead when the liberals come in. it is exaggerated. a week before the elections, you are trying to get some of the macroned elect

you should not be in this position. with the epa because they but have said i am working my way through of this. he was lying to them because scott was one of the central climate deniers of our age their regular ecus the epa. they would have rejected him because that would have been absurd with the democrat or republican a baseline of confidence and respect for the agency if you want to dismantle that and if you are given the responsibility that the water that our children drink is safe that we are prepared to deal with hurricanes that hit major cities that leave the fourth largest city in united states under water bin you better understand the current stance on climate change and be ready to establish a climate resilience infrastructure so you don't understand with the more better crisis. he should not have been put in that position and. [applause] >> rex tillers it is one of the most dangerous group that i write about it here called the adult run screaming. if you are picked for a position by someone who cannot be tru

positioning is so extreme. positioning is so one way against the dollar.it feel incredibly asymmetric at the moment in terms of the way the world is looking at the u.s.? willem: yes, i find it hard to rationalize this kind of extreme positioning. it's are treating cells to overshoot, followed by a massive correction, can probably see something like that at some point. guy: we have jean-claude juncker on his feet. he is delivering a state of the it,n, i guess you can call for the european union. let us take a listen to what the commission president is saying. >> thank you for that. ank the 27t to th leaders of our member states. agenda.come my in doing so, they chose unity. they chose to unite around common ground. slowlynce, we have been but surely gathering momentum. it helps that the economic outlook swung in our favor. we are in the fifth year of an reallyc recovery that reaches every single member state. union hasthe european rivaled that of the united states over the last two years. it now stands above 2% for the forn as a whole and at 2.2% the moneta

i'd like that to be our permanent position.obs element. the difference between having access to the single market and membership of it is, anyone can access the single market but with membership we are part of a framework of rules and protection for employees, consumers and the environment, that sets a floor and enables us to get globalisation to work better for low and middle income people in this country. this is why it matters, it's a socialjustice argument, people like me being a pain in the backside, in a way, for the leadership because we are arguing from that position. you are talking to the hall, you need to convince people in the country and it doesn't help if you don't have an open discussion and a proper vote on it. that's not active representation of what happened today. there was talk about brexit and there was a motion but by the committee that was voted on. we have to look at what our members, who are representative of society, not quite over 600,000 but i think we will soon, what they wanted to have a conversati

now positioning himself as a kind of proto- remainer.l would phrase it differently, he campaigned, the official position of the labour party was to remain. but privately... he's leading a party that wants to be in government and therefore an opportunity at the annual conference particularly if you say your government in waiting is to make your position then very clear and make it a different offered on the one that the conservatives proposing. this is also another good pro use position because we know that the younger generation generally speaking are more remain sympathisers than brexit sympathisers. one story on the front page of the sunday telegraph, affecting a lot of people, that is the uber ban. so many of the drivers are from ethnic minorities and it would seem to be some kind of discrimination against them, that is what someone is claiming. around 90% of drivers may come from those communities. and they're are being deprived of work. someone describe uber like ten times for tolbert. —— port tolbert. well they are appealing so the

positions and warned the u.s. that the strikes were going to take place could this meeting between into the same be a step towards restarting place a coordination. well i would hope so there is coordination already through the pentagon and with the ministry of defense and in russia they do have a hotline and they do talk and the this is never been severed even though there was a brief pause but that was really really reinitiated they do discuss things and i think that it's important that they maintain that communication and they will and and i think that there may have been if russia feels that they were bombing isis positions it means indicates that. perhaps the intelligence is not keeping up particularly on the u.s. side and that needs to be a better coordination between the two sides on the who and what the targets really really are because i was important well that both russian and u.s. backed full says a closing in all i saw in the day resort province is they were rationed they could be a conflict between bot

and we did that in a positive way.he big fight between gennady golovokin and saul canelo alvarez ended in a draw in las vegas — and controversy over the scoring of one of the judges, adalaide byrd. the middleweight unification bout went the full 12 rounds, and was more tactical than explosive. 0ne judge scored it 115—113 for golovkin, another had it as a draw, but byrd judged it as a convincing 118—110 win for alvarez, which baffled most pundits. a draw means that golovkin keeps his three major middleweight titles, and remains unbeaten in 38 fights. but he's not happy about the scoring. this is terrible for the sport of boxing. you know... i'm a champion. this is the biggest fight for boxing. if thesejudges, you know, like today, this is terrible. unbelievable, unbelievable. like today, this is terrible. unbelievable, unbelievablelj like today, this is terrible. unbelievable, unbelievable. ithink she needs to be reviewed, to go back to school and learn how to judge a fight. this makes good debate for a second fight, po

what's the position of has a lot of this as well hostile fee. in towns across syria the infrastructure of our ministry and i saw has been destroyed this deprive them of the opportunity to continue fighting but they surrendered. and we along with the lebanese government wanted to hold negotiations in the means of surrender because eight lebanese soldiers were missing let me out and we did not know where they were alive. we intended to save them and a situation arose where we were able to learn about the fate of the soldiers more than three years we were not able to do this so therefore we believe that we have gained in many respects mccann and we have learned about the fate of the lebanese soldiers and the places that verily have been located and almost solely the fighting ended so we were able to avoid further loss of life and on the answer we managed to retrieve the body of some of our fallen comrades. one of our members who is being held prisoner by iceland must be released in accordance with this agreement so we achieve the best results at th

or the position of the new words minister. well this is not a question for foreign ministers this is a question for energy ministers. and as i said during our missing with his excellency the king. you're not satisfied. with. the agreements that we've reached and without corporation in the sphere. as for syria. of course. there are some differences we don't agree on every single step of the process so if you take. every country that participates in this process russia iran members of the u.s. led coalition. we have to admit. the abuse of nasa. to achieve the goals and objectives by the set by the security council. sometimes disagree on. which is why there is the astronaut approach says where russia turned a clear and iran as the ranters of a long process. with the participation of the reservists team and. observers from jordan and of course the syrian regime which is the syrian government and the armed opposition are trying to find a common denominator for how to conduct this process and we've had some progress we've created th

we're in a stronger position now. . . there is no reason towards another artificial crisis and i'm glad the democrats and republicans came together to avoid that it is a positive step and it doesn't have to be the last one we take working together. the senate held a committee to do something that is unfortunately unusual. behold the first of a series of bipartisan hearings about how the healthcare markets and cost for families this is a welcome shift away from the divisiveness the sole during the trump debate and it's also necessary because if we do not act soon, the uncertainty president trumps has created to sabotage the healthcare market will have higher premiums for people all across the country. the highest cost of healthcare is a challenge the heard about again and again as we debated the last several months. it. it's from paying the price for the requisite because the truth is there's a lot we agree on if we stay focused on politics. the politics. democrats and republicans have now both proposed the multi-year solu

leading senior positions unfilled. that has weakened the state department and put our national security at risk. so i am looking forward as my colleagues to seeing that redesign time line and how specifically and knowledgeably these cuts are going to be implemented. one of the most significant threats to national security is the prevalence of corruption across the globe. threats to our homeland including terrorism and drug trafficking. often arise in countries where corruption thrives. corrupt actors pose a real danger to the political and economic system. when they seek to launder funds in u.s. banks. lobby the government to advance their own interest. and even seek to interfere in our election. this past week i traveled to as part of the house democracy partnership delegation. current ri in the middle of a crisis that is a result of political elites trying to protect themselves from a u.s. supported anticorruption drive. i'm very worried that in the if the progress that we have made in gat ma la is turned back. it co

guest: we remain positive on indonesian and indian credit.think that binding of qe will and the rally at these markets. those markets remain very well supported by the improving macro economic fundamentals in the region. asian central banks, remain accommodated and the latest interest rate cuts in indonesia and india, continue to provide -- >> do you think will get more rate hikes from those banks? guest: bank we expect the monetary policy easing will continue and indeed, will continue to provide pretty attractive carry for fixed income investors. with global central banks staying relatively dovish, and the liquidity environment still pretty supportive for asian credit. of canada andk others might raise rates next month. you see that resulting in outflows out of asia? bank we continue to see diverging global monetary balicy, and the boe and the r are expected to raise their interest rates later, and in the region, the asian central banks are still facing pretty limited invasion threats, and the growth agenda, will continue to dominate monetar

scheuble is not clearly understandable in his positions. mrs. merkel, on the other side, has shown openness for a eurozone budget that mr. macron has suggested. when mr. macron needs money for investment, this can be discussed. the european bank budgets can be made and much more an automatic financial equalization in europe through a eurozone budget does not work. other proposals such as a european finance minister is interesting. if it's an independent institution it monitors compliance with the treaties. >> one last question on greece would you say that we have to bail out greece in the coming years again and again? >> translator: no. greece must fulfill its commitments. the international monetary fund says with the current programs this is not possible a debt restructuring would be required this needs to be discussed if greece fails to meet its reform targets a deal could be that greece would receive a haircut. then it would be able to become competitive in tourism for the devaluation of the new currency. it would no longer be disguised as a

they are very positive factors in our assessment of the uk.usands of people have signed a petition calling for transport for london to reverse its decision not to renew uber‘s licence. the regulator said the minicab firm was not "fit and proper" to hold a london private hire operator licence on the grounds of "public safety and security implications". uber responded by saying that the decision "will put more than 40,000 licensed drivers out of work" and deprive londoners of a convenient and affordable form of transport. a little earlier i spoke to labour mp wes streeting, who is chair of the all—party parliamentary group on taxis and i asked him what he made of the petition. i can understand if you are a uber customer, you will be disappointed by the turn of events, but my advice to those people who signed it is that you are petitioning the wrong people. it is not tfl's fault that uber stands to have its licence revoked. the blame for this debacle lies firmly and squarely with uber. they have flouted the rules of the road that every licensed o

>> i think it is a fair position.e just got off a meeting and getting ready to vote today, i think we will need to see a stronger vision from him. when it comes to tax reform. as opposed to the talking points, we want to know what it looks like. i am not saying that he is not the person for the job that he needs to do a better job than what he has done for the debt ceiling. . >> stronger vision? rep. walker: it is his responsibility to understand from the policy side, not just from his perspective but the , process of what it takes to get things done through committee, and to be available, working alongside the committees of jurisdiction to a compass -- accomplish this. >> does this deal with president trump and the democrats cause you anxiety when thinking about the future of tax form? tax reform? might go off,e the president, and try to find another way to bring immigrants into what is now a republican-focused tax reform plan? rep. walker: i don't blame the president for trying to bring democrats to the positions. p

we are not just talking about foreign diplomatic positions, we are talking about crucial positions within domestic government, treasury, etc. as long as those gaps remain open, it is difficult to project a unified voice. this is unprecedented. that ifake a bite of you'd like, craig. do you agree? greg: i do. as she knows well from her time in washington, a lot of people in washington have figured out that you don't listen to donald trump. you don't retweet. you follow the actions, not the words. we know that he likes to get up in the morning and start tweeting away, using words like madman. he was trying to tone things with south korea. up then't want to tear free trade agreement. apparently, has been in talks with the chinese central bank. underneath this a very bellicose language, you have some action found ast that he has way to solve this problem, as tricky as it is. a candidate is running for senate in alabama. how much do you pay attention to what he is saying in these rallies? policy points, not so much. political points, absolutely. he is in a fight of his life down there. possibl

in your position.of what is being talked what model is going to be used, none of that matters anymore. does the letter of transition matter u.k. assets? guest: i think the length of transition and matter. i'm not sure that will be settled now. the longer this can move out, i think, the longer the transition period, the easier it is for companies to adjust. for two years, companies will and thatake action could have a negative effect on the u.k. economy. if that can be pushed out and companies have more time, that can be more stabilizing. manus: i want to get you back to markets. but highee this chart, so credit is raising faster than the earnings. there is a wonderful line that central banks are forcing debt down your throats. schizophreniaary in the bank of england. but we are borrowing, spending, credit bubbles. is the u.k. in double like territory for you? is the risk manifesting that we are not aware of for the u.k.? -- bubbles areke based on valuation and the situation is more complex in the u.k.

the new one of allowing women to drive, will have a positive impact on labor market.redence orow much you lending to that, the latest reform effort? is it a story of faster reforms are you saying that is not having much of an impact? guest: it is definitely have an impact. but has it reached its heat? i think there are still a little room to strengthen a little bit more. if you look at saudi, and a plus rated country, versus other countries, saudi still has a little bit wider leverage. the rating is in the 80's whereas korea and malaysia are in the xts. but they investors are still a little skeptical. they still want to see continuing progress. any reform plan genuinely but also fixed some kind of opposition from people who may have a different position. yousef: coming up, women will finally get to drive in saudi arabia. we did have the implications for the economy and society at large. with one of the most influential women in the kingdom. this is rumored syria♪ -- this is bloomberg. ♪ yousef: possibly the biggest middle east story was saudi arabia's decision to rela