thank you, stephen carroll. time for the press review.are taking a look at what papers have been saying today. you will start with the papers in turkey focusing on the meeting between joe biden and turkish authorities today in the capital. >> he is the highest-ranking u.s. official to visit turkey since last month? 's attempted coup. let's take a look at an article. it is looking at what's going to happen and what they are going to talk about. a lot will be about terrorism, fighting terrorism. other subjects are expected to come up during this conversation including ankara's request for the u.s. to extradite the cleric who according to turkish , is at the head of a terrorist organization. genie: many u.s. papers have a very different opinion about his role. >> it's really interesting to see how u.s. papers describe him. this editorial in the washington post says he has inspired a large civil society and educational movement in turkey but there is no evidence he was involved in last month's coup. erdogan's assault on him is described as a

it is time for our business news with stephen carroll. >> this concerns pfizer, buying medivation for $14 billion. has been the subject of several takeover bids, the company makes a cancer treatment. on rumors has doubled of a takeover. firm was forced to abandon plans to buy out again this year. >> how has the market started? >> european shares trading down. investors looking ahead to a meeting with central bankers. we had comments over the weekend for the number two policymaker, we will see how that will play out. we have seen gains in oil prices. the benchmark for oil down below $50 an hour. >> the vote for the u.k. to so muchs caused uncertainty for businesses. the sharp drop in the value sterling has meant irish shoppers can get more for their euros. , they are importing goods from ireland. bargain,g to snatch a irish shoppers are flocking north. brexit prices have dropped to near record low, making shopping in northern ireland cheaper than ever. >> i happen to buy a large item, around 550 euros. i got it for 299 sterling. the frequency of their visits is increased and people are

time now for our business news with stephen carroll. you are starting with criticism from the u.s.. >> the treasury department has lashed out at the european treatment of american tax companies in europe. they have warned against demanding tax -- back taxes saying it is overstepping its mark. this comes as the eu is set to give a ruling on the tax related -- tax arrangement in ireland. the obama administration has criticized the eu for singling out american firms. the treasury department says this approach appears to expand the role of the commission beyond enforcement of competition and state aid law. that reviews member states corporate tax, there has been no bias. genie: in france, a potential crisis in the wind sector. >> wine production is 10% lower because of extreme weather. saysgriculture ministry the worst affected regions are burgundy and beaujolais. vines are destroyed by freezing weather and hail showers. the current production of under 43 million could be a new low again after recent droughts. it would be interesting to see

genie: thank you, stephen carroll. time for the press review. ♪ we are taking a look at the papers.start with brazil. suspended president dilma rousseff in the spotlight again. yesterday she defended her record for 14 hours in front of the senate. as you cann papers imagine, here you can see a photo of that 14 hour marathon session. this paper taking quite a position here, as much of the brazilian press has in general. this is at the senate, she denies her budget crimes. there is a photo here that is getting a lot of attention in the brazilian papers. it is a close-up. photoou can see in this is the suspended president dilma rousseff on the right. she is laughing and chatting with a man in the middle. he is the leader of the brazilian social democracy party. he's actually leading the impeachment process. a lot of brazilian papers have picked up on the fact that it seems like they are quite chummy and getting along here. it says they are laughing as if they were good friends. interesting. papers in neighboring colombia are focusing on this historic cease-fire between the government a

stephen carroll is here.e are starting here in france where doubt has been cast on the results of a government investigation into carmakers? >> it's a free french government owned misses details of ault cars.in ren different results in tests been under normal driving conditions. they say discrepancies should be reported. back in the spotlight over this in missions test. according to the financial times, a fan -- a france government report omitted significant detail about how cars were able to emit fewer deadly gases when subject to official in emissions testing. three of the 17 members say important information was left out. this is concerning the emissions of nitrogen oxide that can cause severe respiratory issues. a published report did not include the fact that it went into overdrive when the suv was undergoing emissions testing but not during normal driving conditions. this discrepancy is not evidence of cheating software. it was the discovery of such software installed on volkswagen to trick american emi