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Sep 12, 2014
09/14
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never hip in the eu -- -ship- in the eu -- membership in the eu? shipping things outside of the eu. assessment of what it could cost and the cost litigation some companies are going to have to do. >> the only thing that we have seen at the moment, the research that shows the increase in transaction costs could be to 2ere from 500 million billion pounds. we would expect the burden to fall largely on scottish businesses, more than businesses that remain in the u.k. that are more equipped to deal with this. i am you have a sense -- sure you are talking to some of these companies -- that they feel they have not been giving the necessary information. there'll be a transition. of -- there'll be a transition period to allow businesses to adapt. the risks involved and the opportunities that could exist -- there has been very little communication. >> there's been nothing. i suggest that if businesses want to find out more, speak to their banks and have an open dialogue. speak to a currency specialist and their accountant about what tax implications and increased regulatory burden. >> communi
never hip in the eu -- -ship- in the eu -- membership in the eu? shipping things outside of the eu. assessment of what it could cost and the cost litigation some companies are going to have to do. >> the only thing that we have seen at the moment, the research that shows the increase in transaction costs could be to 2ere from 500 million billion pounds. we would expect the burden to fall largely on scottish businesses, more than businesses that remain in the u.k. that are more equipped to...
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Sep 19, 2014
09/14
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we don't have much yet from the eu. hans nichols is in berlin. the initial reaction is few -- phew, thank you scotland. >> there is a giant sigh of relief, unofficially. officialt heard any government reaction here from berlin. brussels as well this afternoon. in some ways the challenge for all these governments that will be drafting statements is how to a firm and congratulate scotland on their vote without going too far on the principle behind that vote. that is the principle of self-determination. that brings us squarely to the catalonian question. in two hours there parliament will begin debating a law which will provide for the possibility to call for independence. we need to have anna edwards leave edinburgh and fly straight to barcelona because this story is going to pivot quickly and the scotland story will become the spanish story. >> and she wouldn't need the umbrella. this doesn't look like nice weather in scotland this morning. thank you very much. hans later ink to the day. let's get back to andy brough. if you're sitting in brussels,
we don't have much yet from the eu. hans nichols is in berlin. the initial reaction is few -- phew, thank you scotland. >> there is a giant sigh of relief, unofficially. officialt heard any government reaction here from berlin. brussels as well this afternoon. in some ways the challenge for all these governments that will be drafting statements is how to a firm and congratulate scotland on their vote without going too far on the principle behind that vote. that is the principle of...
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Sep 12, 2014
09/14
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CNBC
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in the meantime, of course, the eu and u.s. ctions have been ratcheted up incredibly slowly, somewhat tepid over the course of 2014. but now we have a new round of sanctions coming in from both the eu and the united states, as well. and some are saying, actually, is it going to have negative effect for not only the eu but also for the global economy, as well? i caught one petro poroshenko, his only english language interview that he's had today. and i started off by asking him whether sanctions could be detrimental to his cause. >> do sanctions make the situation worse for the ukraine or do the eu and u.s. sanctions improve the bargaining positions of your country? >> the sanction is not just -- neither to punish russia, not to bargaining something. this is just an instrument to sit on the table and find out a very important solution, not only for ukraine, but for the whole world. and it is very important with the european union and the united states are immediately still listed. >> a could element of the piece. what is a key el
in the meantime, of course, the eu and u.s. ctions have been ratcheted up incredibly slowly, somewhat tepid over the course of 2014. but now we have a new round of sanctions coming in from both the eu and the united states, as well. and some are saying, actually, is it going to have negative effect for not only the eu but also for the global economy, as well? i caught one petro poroshenko, his only english language interview that he's had today. and i started off by asking him whether sanctions...
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Sep 12, 2014
09/14
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the eu and the u.s. are bringing new sanctions against russia. y targeted sanctions state-controlled companies. even though eu officials have oneasized reversibility sees it differently. take a listen. worst violations of international law since 1945. annexation of territory in violation of so many international agreements that until we return to the status quo, i do not foresee a complete removal of sanctions. long asbe in place as we have a major violation of international law. >> let it to hans nichols. see morecompanies individuals on the list. give me the breakdown. >> all of the companies have been published in the e.u. registry. these are companies that will be aevented from raising security longer than 30 days. the pipeline operator trance net also includes united aircraft, nine defense industry companies. they will also be prevented from dual use technology. we have nine new companies there. 24 targeted individuals. eight members of the eastern ukraine breakaway separatist groups. officials. this list is what we expected. we didn't know t
the eu and the u.s. are bringing new sanctions against russia. y targeted sanctions state-controlled companies. even though eu officials have oneasized reversibility sees it differently. take a listen. worst violations of international law since 1945. annexation of territory in violation of so many international agreements that until we return to the status quo, i do not foresee a complete removal of sanctions. long asbe in place as we have a major violation of international law. >> let...
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Sep 17, 2014
09/14
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CSPAN3
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number one is for thinking about the eu more broadly. re very aware about the collapse of so many empires after world war i, yet there's still bits of empire left. should the eu think about a pan-eu policy which would allow greater cultural and political autonomy, while still staying within the eu? the second question has to do with the pound. couldn't scotland, if it absolutely were unable to use the pound, simply decide to dollarize as ecuador and el salvador and panama have done. and third, this goes back to the focus on american style politics and it was an enormous pleasure to hear an issue that had been more thoroughly polled than americans are used to. the get out the vote, the gop, is there a sophisticated system? is each party identifying likely voters, going to get them to the polls and so forth? >> right, great questions. i'll talk about the first one. yeah, i mean obviously the issue, as i said earlier, i mean i simplified the european issue, you could do a talk just on the european economy, obviously there's strong interest,
number one is for thinking about the eu more broadly. re very aware about the collapse of so many empires after world war i, yet there's still bits of empire left. should the eu think about a pan-eu policy which would allow greater cultural and political autonomy, while still staying within the eu? the second question has to do with the pound. couldn't scotland, if it absolutely were unable to use the pound, simply decide to dollarize as ecuador and el salvador and panama have done. and third,...
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Sep 24, 2014
09/14
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BLOOMBERG
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unfortunately, the eu is still engaged in delay tactics and this is sad to see for us. r expectations are on the rise now and i'm hoping that efforts on the part of the presidencies of the eu and on the part of friends of turkey would be important trying to ensure that the channels for negotiation are opened and closed in the coming year so that turkey becomes a member of the eu and has the same responsibility of bridging the gap between the islamic world and the european union. >> i didn't mean to raise a question of membership in the eu so much as the role in the region that turkey can play today. because there is great conflict in the region today. and what it is that you see and hope turkey can do. it is powerful, it has a strong military, it has influence in the islamic world. >> political, military, social, diplomatic responsibilities that turkey may take upon itself are all very important. turkey has the capacity to conduct any of those tasks. we have the capacity to do this. and we have done so in the past and we continue to do so and we will continue to do it in
unfortunately, the eu is still engaged in delay tactics and this is sad to see for us. r expectations are on the rise now and i'm hoping that efforts on the part of the presidencies of the eu and on the part of friends of turkey would be important trying to ensure that the channels for negotiation are opened and closed in the coming year so that turkey becomes a member of the eu and has the same responsibility of bridging the gap between the islamic world and the european union. >> i...
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Sep 1, 2014
09/14
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of course, the eu is not perfect. the cbi global future report november last year looks seriously at other options to membership and concludes unequivocably that we are best served by remaining in the eu and seeking reforms which ban our collective prosperity. we must be constructively engaged with realistic targets and timetables so the reform, like our union here, the advantages of the eu far outweigh the disadvantages. we don't want a special deal to satisfy our measures but we do want europe to become a more efficient place to do business. more lisbon agenda than lisbon treaty. for europe to be more open and more competitive creating the jobs that are so badly needed right across the european union. actually, we have many allies in europe who share these ideals. for most of the business organizations liken the cbi to many successful governments. we have to constantly improve and shrugged off things that stifle our competitive determination. with the new commission and parliament there's a window of opportunity in w
of course, the eu is not perfect. the cbi global future report november last year looks seriously at other options to membership and concludes unequivocably that we are best served by remaining in the eu and seeking reforms which ban our collective prosperity. we must be constructively engaged with realistic targets and timetables so the reform, like our union here, the advantages of the eu far outweigh the disadvantages. we don't want a special deal to satisfy our measures but we do want...
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Sep 1, 2014
09/14
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CNBC
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the and to be fair to the eu leaders, neither did president obama this week. he's got an lot of flak for that as well. so the senate coming out, bob menendez, trying to get on his back saying we need to arm the rebels, why are you trying to arm them? these are the bigger questions and unfortunately the eu is going to be hesitant to do much more than in a week's time possibly ratchet up sanctions and close loophole that is are already there. so i don't see any military engagement any time soon. >> what type of sanctions are we looking at? i mean, just more of the same or are they going to be targeting different sectors? >> that was the bigger question. initially when the ukrainian president, i spoke with him, he said we are targeting and looking at level three secondtorial sanctions. and essentially i said, is this because we reached the point of no return. mr. baruso earlier talked about the need for diplomatic solution before we reached the point of no return, can you define then what is the point of no return and how do you plan to defend your country? >> i t
the and to be fair to the eu leaders, neither did president obama this week. he's got an lot of flak for that as well. so the senate coming out, bob menendez, trying to get on his back saying we need to arm the rebels, why are you trying to arm them? these are the bigger questions and unfortunately the eu is going to be hesitant to do much more than in a week's time possibly ratchet up sanctions and close loophole that is are already there. so i don't see any military engagement any time soon....
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Sep 19, 2014
09/14
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and the eu and the u.k.'s membership in the eu, if you thought the last month was disrupted, imagine what 2017 is going to be like. in terms of what we are starting to price in stateside as well, a lot of things to think about when it comes to what is happening with this dollar rally. what are the futures telling us? >> i have been talking to the guys behind me overnight. the move in the fx market was square and short in sterling. everybody i talked to this morning were talking about the dollar and dollar-yen. that is going to be the dominant theme. what happens with the u.s. central bank? janet yellen didn't take any situation that a rate hike might come higher. dollar-yen and the strength of the dollar dominating the conversation right now. you know how a market operates. we move onto the next thing. scotland is yesterday's news. everybody is talking about the u.s. and the strength of the dollar again. >> thank you very much indeed, jon ferro on the trading floor. business, we are seeing stocks rally. let's
and the eu and the u.k.'s membership in the eu, if you thought the last month was disrupted, imagine what 2017 is going to be like. in terms of what we are starting to price in stateside as well, a lot of things to think about when it comes to what is happening with this dollar rally. what are the futures telling us? >> i have been talking to the guys behind me overnight. the move in the fx market was square and short in sterling. everybody i talked to this morning were talking about the...
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Sep 7, 2014
09/14
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specifically, looking at attitude towards the eu and scotland's role in the world. finally, i close with two short bits -- the issue of referendum turnout which is crucial for the result, but for anyone interested in democracy, crucial because we may see items that go beyond the referendum and a specific item saw the voting age lowered to 16. the question might be whether that is a good idea or not? i will speak at most four 40 minutes so that we have time to speak afterwards. i will rush through the slides quite a bit but they will be made available if you want to study them in more detail. the idea is to give you a broad overview so that you can pick your topics for discussion afterward. the background, it is now 15 days away. in scotland, people are noticing, even people who have been researching this for two years, this is actually happening. we have been working on it for years and we have to campaign groups come a that you might know, the yes scotland focused her on the scotland national party in government at the moment and have the majority of seats in the s
specifically, looking at attitude towards the eu and scotland's role in the world. finally, i close with two short bits -- the issue of referendum turnout which is crucial for the result, but for anyone interested in democracy, crucial because we may see items that go beyond the referendum and a specific item saw the voting age lowered to 16. the question might be whether that is a good idea or not? i will speak at most four 40 minutes so that we have time to speak afterwards. i will rush...
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Sep 13, 2014
09/14
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KCSM
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the eu sanctions target the important oil industry. it will lose access to funding and the latest technology. major russian banks also face losing western capital, as does the defense industry. russia could counter with a band of imports or a ban on airline overflights. >> obviously, we are ready to do that, but i would rather fly around russia than see people being killed in ukraine. that has just got to stop. >> the eu is also showing solidarity with ukraine. european commission president visited the ukrainian president in kiev, and that the subsequent press conference, there was a surprising offer to defuse the conflict with russia. poroshenko said he would delay full implementation of the agreement until the end of next year, a step welcomed by moscow. >> with the latest eu sanctions coming into force, everyone is waiting for russia's response, but investors took a wait-and-see attitude at the end of the trading week. here is a wrap of the day's action from the frankfurt stock exchange. >> it is the first day of the new eu sanction
the eu sanctions target the important oil industry. it will lose access to funding and the latest technology. major russian banks also face losing western capital, as does the defense industry. russia could counter with a band of imports or a ban on airline overflights. >> obviously, we are ready to do that, but i would rather fly around russia than see people being killed in ukraine. that has just got to stop. >> the eu is also showing solidarity with ukraine. european commission...
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Sep 26, 2014
09/14
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CSPAN3
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the u.s. and euderestimated the threat from syria in 2011, so too it did so in iraq more recently. what about isis islamic pedigree? like al qaeda and other militants, isis offers a militant warped and distorted ideology, or religious rational to recruit and motivate many of the fighters. much of what they do violates islamic law, but that's typical what terrorist will say is the usual laws are fine, but these are unusual times. see see that argument during the bush administration with regard to the war on global terrorism and discussions about whether or not just war. whether or not regulations that have to do with torture or how we approach water boarding. one needs to think about the fact that the laws were made for wartimes. that's the way terrorist groups attempt to spin and say how they can get to do acts of terrorism, laugter civilians, beheadings, killing of innocent muslims and christians. but there are similarities -- while there are similarities between isis and other groups in their ideol
the u.s. and euderestimated the threat from syria in 2011, so too it did so in iraq more recently. what about isis islamic pedigree? like al qaeda and other militants, isis offers a militant warped and distorted ideology, or religious rational to recruit and motivate many of the fighters. much of what they do violates islamic law, but that's typical what terrorist will say is the usual laws are fine, but these are unusual times. see see that argument during the bush administration with regard...
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Sep 12, 2014
09/14
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KCSM
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the eu could scrap them if it believes the cease-fire and peace negotiations are working. >> decides more travel bans and asset freezes for russian officials and rebel leaders, the sanctions also target major state-owned companies in the oil and defense industries. access to western loans will be restricted. the kremlin has threatened -- and closing its airspace to european airlines. washington is set to impose new sanctions on russia's financial, energy, and defense sectors on friday. to find out more, we spoke earlier to michael. a spokesperson for the special monitoring mission to ukraine. we asked him if it is an accurate assessment to say that eastern ukraine to say that eastern ukraine could be moving into a more peaceful phase. >> we have good days and bad days. it has been shelling going on but we have definitely established there are more quiet times. and evidenced as how people from that area feel as many of them are actually coming back. we even have people coming back to the hardest hit area where there has been no power and water for weeks now. the day are coming back to
the eu could scrap them if it believes the cease-fire and peace negotiations are working. >> decides more travel bans and asset freezes for russian officials and rebel leaders, the sanctions also target major state-owned companies in the oil and defense industries. access to western loans will be restricted. the kremlin has threatened -- and closing its airspace to european airlines. washington is set to impose new sanctions on russia's financial, energy, and defense sectors on friday. to...
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Sep 23, 2014
09/14
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CSPAN3
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not all of what the eu does can be calculated financially. it is an important part of making the case for why european solutions can bring benefits to people that not only do they often involve the extension of rights but they can also result in the economy in europe becoming more efficient. thank you. >> thank you very much, anthony. we're now -- we will open it up for comments and questions. if you could please in wilson center tradition state your name and affiliation and wait for the microphone. i will call on you. who is first? go to the lady up front here. right there. >> thank you. reporter with reonovo. this is about european relations with russia currently and the impact that the product bans, the sanctions have had on the european union -- it's tough to say the european union economy because it's all of the different states. so i would like to get your analysis of how that relationship with russia is playing out, how it might play out on the economic field. >> thank you. >> okay. we will work our way towards the back of the room. we
not all of what the eu does can be calculated financially. it is an important part of making the case for why european solutions can bring benefits to people that not only do they often involve the extension of rights but they can also result in the economy in europe becoming more efficient. thank you. >> thank you very much, anthony. we're now -- we will open it up for comments and questions. if you could please in wilson center tradition state your name and affiliation and wait for the...
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Sep 11, 2014
09/14
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KCSM
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. >> the russian energy giant denies any blocks to the eu. the block depends on natural gas to a third of its needs. >> if russia cuts off natural gas supplies, europe is in for a cold winter. gas prom steers the flow of the vital fuel, and this is where the gas headed for europe arrives first -- and ukraine. therein lies the problem. russia stopped the laboring gas to ukraine in june, citing unpaid bills. in response, the eu is supplying kiev with some of its own russian gas, a process known as reverse flow. leaders of ukraine and slovakia launch the reverse pipeline earlier this month to help ukraine cover its energy needs, but nations further west are now worrying about their own needs. nearly a third of europe's gas supply comes from russia. some balkan countries depend completely on russian supplies. until recently, deliveries continued according to schedule, but that's over for now. moscow warned brussels in june that the eu could expect a livery shortfalls. analysts say european gas reserves would last a maximum of five months. after th
. >> the russian energy giant denies any blocks to the eu. the block depends on natural gas to a third of its needs. >> if russia cuts off natural gas supplies, europe is in for a cold winter. gas prom steers the flow of the vital fuel, and this is where the gas headed for europe arrives first -- and ukraine. therein lies the problem. russia stopped the laboring gas to ukraine in june, citing unpaid bills. in response, the eu is supplying kiev with some of its own russian gas, a...
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Sep 22, 2014
09/14
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BLOOMBERG
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attention away from the eu and they will be focused on their own problems. you look at the problems for the european union right now, foreign-policy problems among monetary crisis -- problems,licy monetary crisis. are changes that need to be made. they'd need a strong u.k. for that, particularly on the foreign-policy side. they want the u.k. to be leading the way with france. there are mixed feelings in brussels. >> given the mixed feelings, how does the timeline work? how do you think -- progressive do you think brussels will be willing to be? the u.k. is moving in one pace, the european union, history that it moves at an incredibly slow rate. they feeling ago, was that the european union would drag the timeline out as long as possible. now we are seeing deflation threats. germany is coming up with renewed pressure for desire for treaty changes and new structure on the table. the plays into the hands of u.k.'s reform and renegotiation. these two are coming together a bit more. if the u.k. continues to focus on scotland, it can never make its case. fortunate
attention away from the eu and they will be focused on their own problems. you look at the problems for the european union right now, foreign-policy problems among monetary crisis -- problems,licy monetary crisis. are changes that need to be made. they'd need a strong u.k. for that, particularly on the foreign-policy side. they want the u.k. to be leading the way with france. there are mixed feelings in brussels. >> given the mixed feelings, how does the timeline work? how do you think...
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Sep 11, 2014
09/14
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with a to the vote in the eu. cialist, how do you work out the pound when you don't know what the geography will look like because you do not know which screwed that -- which currencies: we'll have. >> the market always overshoots. you get a herd mentality. you get momentum traders in their. it will go further than you expect. that is generic for all markets. you look at the technicals and where the church lineup. -- the charts lineup. and where you track where it hasn't been in the past. >> every monday morning i come in and everybody laughs at the data. the market was still long up until close of business. so there was some repositioning to do. something pushed cable up to 170. there were a lot of people gone for a long time. >> is it oversold? >> no. up until two weeks ago, nobody had a clue. vote?t if there is a no >> i think we see a rudy good bounce. -- a pretty good bounce. >> so what we see will all retrace. >> it doesn't really settle things. a neverendum. and say, ok, let's try again in five years. >> he
with a to the vote in the eu. cialist, how do you work out the pound when you don't know what the geography will look like because you do not know which screwed that -- which currencies: we'll have. >> the market always overshoots. you get a herd mentality. you get momentum traders in their. it will go further than you expect. that is generic for all markets. you look at the technicals and where the church lineup. -- the charts lineup. and where you track where it hasn't been in the past....
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Sep 5, 2014
09/14
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BLOOMBERG
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the eu poised to introduce new sanctions against russia. also, those peace talks in belarus, the ukrainian president says he may introduce a cease-fire today. over to you. >> ryan, thank you. we are here at the conference in berlin. we are talking tech, the internet of things, connected homes. manus, we have your christmas present picked out. it is a robotic vacuum cleaner. it will clean your living room. we will be looking at all these things, how expensive they are, and the future of tech. >> glad to know you are buying me a christmas present. equity markets are underway. let's talk to caroline hyde in terms of the morning after the day before. >> we are just one minute into thee and stocks, of course euphoria of yesterday turning a little bit more cautious. roubini calling this a effectively quantitative easing. perhaps by stealth. on to the risky asset-backed securities. what about corporate bonds, sovereign bonds, that is what he is anticipating. currently, ftse just flat. the dax, we will see if that needs updating. france trading flat
the eu poised to introduce new sanctions against russia. also, those peace talks in belarus, the ukrainian president says he may introduce a cease-fire today. over to you. >> ryan, thank you. we are here at the conference in berlin. we are talking tech, the internet of things, connected homes. manus, we have your christmas present picked out. it is a robotic vacuum cleaner. it will clean your living room. we will be looking at all these things, how expensive they are, and the future of...
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Sep 9, 2014
09/14
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BLOOMBERG
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the eu approved a new set of sanctions against russia -- postponed them. e has details on both stories. walk me through what the findings are. which is interesting. high-energy objects. we talk about a missile downing the flight? >> we can. australian prime minister just did. he said it is consistent with the view that the plane, flight mh 17, was down by a missile. that is the allegation nearly every western country may in the immediate aftermath, that it was fired byn sa-11 insurgents and possibly russian troops themselves, using sophisticated antiaircraft machinery. that was corroborated at least by some media organizations who got evidence and eyewitness reports from people saying that they saw that kind of antiaircraft machinery in the area before the downing of mh 17. the report stops short of using the word "missile." -- a number of high-energy objects penetrating the plane from outside of the plane would be consistent with what you would expect from an antiaircraft weapon. what it does is explode short of the aircraft to come as you were putting it,
the eu approved a new set of sanctions against russia -- postponed them. e has details on both stories. walk me through what the findings are. which is interesting. high-energy objects. we talk about a missile downing the flight? >> we can. australian prime minister just did. he said it is consistent with the view that the plane, flight mh 17, was down by a missile. that is the allegation nearly every western country may in the immediate aftermath, that it was fired byn sa-11 insurgents...
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Sep 14, 2014
09/14
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KQED
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what happens in the eu?then going to be-- >> eu's got -- england's got a vote coming up in 2017 already scheduled. >> you are going to stop think -- you're going to think of england in contra distinction to great britain, which is a bigger entity. >> it's going to be england if the scots leave, plus wales. >> and lose prominence in the world, also in their position of world bodies down the line, 10, 25 years-- >> economy will be shrunk also. their economy and population will both shrink. >> i'm thinking of their world standing and the way we conceive of their presence, even as our allies. >> but 85% of the population is in england, and, you know, i think scotland, if they do go the independence route, they will not have the ability to issue debt and they will then risk becoming another greece or a spain within the eu, if they are even admitted into the eu, because will germany want to drag along another dead beat nation? i think the economic questions are real, but pat makes the right point. there's a lot of
what happens in the eu?then going to be-- >> eu's got -- england's got a vote coming up in 2017 already scheduled. >> you are going to stop think -- you're going to think of england in contra distinction to great britain, which is a bigger entity. >> it's going to be england if the scots leave, plus wales. >> and lose prominence in the world, also in their position of world bodies down the line, 10, 25 years-- >> economy will be shrunk also. their economy and...
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Sep 19, 2014
09/14
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CNNW
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he survived the scottish referendum, what about the eu referendum. alked about a political earthquake. no one knows the inside politics as well as you do. what does this mean, let's say for england. how to they work out, what does william hague, the former foreign secretary who's been tasked with all this, what is he going to come up with? >> reporter: very interesting that william hague has been put in charge of this because he's very much trusted by the back benches perhaps in a way that david cameron isn't quite. there are huge problems to settle here. and this pressure coming from right wing tori nps. those sort of questions are going to take an awful long time to settle. and i think one of the worries in the background here, christiane is that we've had this huge outburst of democratic enthusiasm, so many people turning out to vote in this scottish referendum. enormous political discussion in the streets and in the club the and in the pubs. now westminster in particular is going to get down to the nitty-gritty of constitutional change, with all s
he survived the scottish referendum, what about the eu referendum. alked about a political earthquake. no one knows the inside politics as well as you do. what does this mean, let's say for england. how to they work out, what does william hague, the former foreign secretary who's been tasked with all this, what is he going to come up with? >> reporter: very interesting that william hague has been put in charge of this because he's very much trusted by the back benches perhaps in a way...
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Sep 16, 2014
09/14
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i did not think the eu would terminate their contract completely. me back so quickly? >> what is the answer? >> collusion. collusion to take competition and for the network to remove a serious competitive edge that was keeping consumer prices -- >> collusion between the three? >> do they feel like they do not need another competitor? is that a reason they made the choice? >> they are able to make of the choice. they believe that. how did a come about that all of a sudden within the space of six months, all six networks came to the same decision? the anti-competitive practice. it has gone on behind closed door in a collusion every way. it was the ruthless determination of phones 4u. --is weidman we still need >> why do we still need someone to cell phones, do i still need presence?eet >> some ado and others do not. they have a right to exist. but, that is the sort of real difficult part. did they deserve to have the rug pulled out from three networks within six months terminally? no, they didn't. these networks were part of phones 4u. i dealt with the
i did not think the eu would terminate their contract completely. me back so quickly? >> what is the answer? >> collusion. collusion to take competition and for the network to remove a serious competitive edge that was keeping consumer prices -- >> collusion between the three? >> do they feel like they do not need another competitor? is that a reason they made the choice? >> they are able to make of the choice. they believe that. how did a come about that all of a...
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Sep 12, 2014
09/14
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BLOOMBERG
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been published .y the eu have beeniduals added. wait for reaction from russia. >> the latest on scotland. another poll setback for the nationalists. the latest poll gives the and a four percentage point -- gives campaign a 4% lead. >> plenty to think about this morning. we have scotland dominating headlines across the u.k. a lot to think about. you are looking at futures, futures higher. wait what we have to the russian retaliation is. if you are looking at asian had -- rkets, the nsc
been published .y the eu have beeniduals added. wait for reaction from russia. >> the latest on scotland. another poll setback for the nationalists. the latest poll gives the and a four percentage point -- gives campaign a 4% lead. >> plenty to think about this morning. we have scotland dominating headlines across the u.k. a lot to think about. you are looking at futures, futures higher. wait what we have to the russian retaliation is. if you are looking at asian had -- rkets, the...
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Sep 12, 2014
09/14
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CSPAN
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the unit mentioned the eu issue. however, the currency issue has become the most difficult issue that will face an independent scotland if we vote yes next week. charlie mentioned there would ultimately be sensible, establishment compact between scotland and the rest of u.k. to sorted out here and i am not clear about that. i am more skeptical. this is a key issue because i think there is no easy path for independent scotland on the currency issue. let me lay out the various options that scotland would have it became a member of the eu. there would be the euro option, and for a while that was the preferred option, but is not because of the recent problems that it has had. other options would be to issue its own currency. ultimately, that would be an economic mechanism that would give it the most autonomy, the best chance in the long run to have an independence kaddish economic policy. path to establishing its own currency would be very confiscated and difficult, we have to establish credibility, build institutions, or
the unit mentioned the eu issue. however, the currency issue has become the most difficult issue that will face an independent scotland if we vote yes next week. charlie mentioned there would ultimately be sensible, establishment compact between scotland and the rest of u.k. to sorted out here and i am not clear about that. i am more skeptical. this is a key issue because i think there is no easy path for independent scotland on the currency issue. let me lay out the various options that...
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Sep 17, 2014
09/14
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LINKTV
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if ukraine joins the eu, it will have to review its tariffs. we haven't seen any details of any such changes yet. >> thanks for that. the president of south korea says the door is open for talks with the north at the upcoming u.n. general assembly. park on hey -- park guen-hey as long wanted to begin the process of reuniting the koreas. in the president's words, the north now has to walk the talk. >> if the opportunity does arise and they actually have the opportunity to respond and take up our offer, our earlier offer to engage in high-level contacts and dialogue, i think such opportunities would be a good thing. if our foreign ministers were able to also engage in dialogue on that particular point, that would also be a good thing. >> in the united states, the chairman of the joint chiefs of staff has said he could recommend the use of ground forces in iraq. that goes against barack obama's current stance on the fight against the islamic state organization, and the white house was quick to reiterate the u.s. will not put boots on the ground. ni
if ukraine joins the eu, it will have to review its tariffs. we haven't seen any details of any such changes yet. >> thanks for that. the president of south korea says the door is open for talks with the north at the upcoming u.n. general assembly. park on hey -- park guen-hey as long wanted to begin the process of reuniting the koreas. in the president's words, the north now has to walk the talk. >> if the opportunity does arise and they actually have the opportunity to respond and...
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Sep 1, 2014
09/14
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BBCAMERICA
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while this all comes, the eu threatens further sanctions. y party members including john mccain have called for weapons sent to the fighters to help in the invasion. there are fears a rebel assault could be imminent. >> it's quiet here. we obviously over the past few days have seen this new front open up by the pro russian separatists with believed russian troops who moved across the coast here toward as mariupol taking an important town on the way. since then, they have not moved further. however, there has been serious fighting in other parts of donetsk and luhansk region here in the southeast of ukraine with the rebels apparently claiming they have taken quite a lot of ground back from ukrainian army. so there are several fronts. the conflict goes on and has intensified here. i think the question is what is going to be the next move of the rebels? will they move on the city mariupol which is a very important city or will they hold tight for the time being? >> again, we've seen pictures last few days of how ordinary people are finding it. w
while this all comes, the eu threatens further sanctions. y party members including john mccain have called for weapons sent to the fighters to help in the invasion. there are fears a rebel assault could be imminent. >> it's quiet here. we obviously over the past few days have seen this new front open up by the pro russian separatists with believed russian troops who moved across the coast here toward as mariupol taking an important town on the way. since then, they have not moved...
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Sep 30, 2014
09/14
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BLOOMBERG
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going back to the eu issue, it is part of a broader tax story. unders of has talked about europeans do not quite understand the anger and the reckoning that is going to come from brussels. that is true of google, microsoft as well. microsoft have its reckoning in 1999, 2000 seems like they're going to have to figure this out. >> thank you. hans nichols joining us on what is happening with the tech giants. making a big pitch. they want to make it a little bit personal, which will make life interesting. another company we are watching -- rbs shares up and up. the bank expects repairmen's to be lower than estimated. this is money set aside when you expect to have to take losses on assets that have gone bad. loans and other bits and pieces that banks do that ultimately have not panned out. outperformnificantly its previous targets of around one billion pounds. money toot put so much one side. the ceo is talking now. he says he expects a cleaner business. he says the banks have achieved substantial progress this year. rbs does not need to provision so
going back to the eu issue, it is part of a broader tax story. unders of has talked about europeans do not quite understand the anger and the reckoning that is going to come from brussels. that is true of google, microsoft as well. microsoft have its reckoning in 1999, 2000 seems like they're going to have to figure this out. >> thank you. hans nichols joining us on what is happening with the tech giants. making a big pitch. they want to make it a little bit personal, which will make life...
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Sep 10, 2014
09/14
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this just a day after the eu delayed a new round of sanctions against russia to give the troops more time to work. >> with the fragile cease-fire largely still in place, the situation on the ground remains uncertain. >> while the truce appears to be holding for the most part, there were fresh reports of violence, including shelling in donetsk. russia's foreign minister accused ukraine of file leading the cease-fire conditions. >> we are seriously worried about yesterday's messages of concentration of heavy artillery . this is ukrainian army artillery. the indications are that some sort of shock troop unit is being prepared. >> that is as pro-russian separatists closed in on merry a poll, the coastal town that could help create a land bridge between russia and the annexed crimea. germany's foreign minister called on russia to show that it is serious about putting an end to the conflict in ukraine. >> that includes reach an agreement between the ukraine and russia to with draw any russian fighters or weapons that may be stationed on ukrainian territory. that is something that the inter
this just a day after the eu delayed a new round of sanctions against russia to give the troops more time to work. >> with the fragile cease-fire largely still in place, the situation on the ground remains uncertain. >> while the truce appears to be holding for the most part, there were fresh reports of violence, including shelling in donetsk. russia's foreign minister accused ukraine of file leading the cease-fire conditions. >> we are seriously worried about yesterday's...
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Sep 17, 2014
09/14
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the eu, for its part, has welcomed ukraine with open arms tom i easily passing a deal as well. >> signed and sealed, he held of the document in kiev. minutes later the president of the european parliament signed the same treaty in stroudsburg. earlier the president appealed to ukrainian lawmakers to support the agreement, while people in stroudsburg listened in through a video link. it passed easily on both sides. 127 voted against. more than three quarters of ukrainian lawmakers supported it . in the 1200 page document ukraine and the european union have agreed to deepen their political ties. trade restrictions are to be lowered. a free-trade pact will only go into effect in 2016 and what is being seen as a concession to russia. on the streets of kiev, reaction has been mixed. >> we don't need this agreement at all. it will mean nothing but suffering for this country. >> of course i would like to live like other people in europe. >> the association agreement has finally been ratified. what it signals for the future of the ukraine is still unclear. >> jeff is standing by for us in brusse
the eu, for its part, has welcomed ukraine with open arms tom i easily passing a deal as well. >> signed and sealed, he held of the document in kiev. minutes later the president of the european parliament signed the same treaty in stroudsburg. earlier the president appealed to ukrainian lawmakers to support the agreement, while people in stroudsburg listened in through a video link. it passed easily on both sides. 127 voted against. more than three quarters of ukrainian lawmakers...
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Sep 9, 2014
09/14
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ack loop -- >> we always knew that the eu could agree and put them on hold. e sanctions were actually pretty much agreed on friday nato in south wales at the conference. bit interesting considering they had an emergency meeting and it was only after that that we got this decision. the finished prime minister said as much and the finns own 56% of biggestwhich is the sufferer, the biggest company to suffer when the russians introduced the idea of banning eu airlines from flying over siberian airspace. that was on august 5. they have not gone through with that threat yet but over the , that might be the response of these sanctions are put into place. we learned what the sanctions would be. hadre they european union sanctioned state backed banks, this would be energy companies. gazprom itself has us -- is not a sanction company. there are suggestions that might be sanctioned. a bit of a surprise. here is what we have been told by one au official is on the list. these would lose access to european capital markets like they lost access in the united states. they can
ack loop -- >> we always knew that the eu could agree and put them on hold. e sanctions were actually pretty much agreed on friday nato in south wales at the conference. bit interesting considering they had an emergency meeting and it was only after that that we got this decision. the finished prime minister said as much and the finns own 56% of biggestwhich is the sufferer, the biggest company to suffer when the russians introduced the idea of banning eu airlines from flying over...
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Sep 30, 2014
09/14
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dylan with the eu can take a long time.oogle is trying to resolve their 2010 antitrust issues with the eu and they are not there. this is pressure on apple and we will be watching the share prices. for the it puts pressure on them but they have a good news out of china today? >> and they will build to sell their iphone 6. a huge a deal for them and that it to the chinese market for big holiday shopping weekends coming up. they made a minor physical security. >> a great work. thank you very much. let's bring in a losing mcdonald. you,uestion i need to ask they're kobe some of fines, what does it mean for the bottom line? >> for apple specifically? i thinke specifically, that does not to the issue. they issue is of tax policy generally. moving to be a strategic issue and has connotations to it. if a company could damage his ,eputation by is tax policy it's probably needs to think again. webster not only in tech sector haveealth care -- and we seen and not only in the tech sector but health care. do you want to the company to
dylan with the eu can take a long time.oogle is trying to resolve their 2010 antitrust issues with the eu and they are not there. this is pressure on apple and we will be watching the share prices. for the it puts pressure on them but they have a good news out of china today? >> and they will build to sell their iphone 6. a huge a deal for them and that it to the chinese market for big holiday shopping weekends coming up. they made a minor physical security. >> a great work. thank...
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Sep 19, 2014
09/14
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CNNW
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they were saying don't even it think you can join the eu on a fast track. they were trying to really dampen an idea of a referendum for independence. that must be a good result for the spanish government. >> reporter: it certainly is. and you know what was interesting to see not only the spanish reaction but the reaction of the eu politicians as well. because on the one hand you had the very strong statements from the spanish and from others who said listen, if the scots vote for independence, there's no saying whether they will be able to join the european union. it has to be a knunanimous decision. there would be push back. and then it would be difficult to imagine you would have a country right there in the middle of europe that was actually, even though it was part of great britain, part of the european union before and would have no status whatsoever. so certainly, it would be an interesting precedent that the eu would have to deal with. then you're right. there's belgium that has a separatist movement, there's italy and the germans that have the bavari
they were saying don't even it think you can join the eu on a fast track. they were trying to really dampen an idea of a referendum for independence. that must be a good result for the spanish government. >> reporter: it certainly is. and you know what was interesting to see not only the spanish reaction but the reaction of the eu politicians as well. because on the one hand you had the very strong statements from the spanish and from others who said listen, if the scots vote for...
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Sep 5, 2014
09/14
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ALJAZAM
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the british prime minister, he has welcomed the ceasefire, and that said that it doesn't mean that the eu sanctions should be shelfed. any way that the ukraine is divided. it's strong language from david cameron, and moving onto your question, strong language from him on isis. but he has just said this a short time ago. and that is right now, uk is not yet supporting military action against islamic state. because he has to persuade parliament to get behind that sort of action. but what he has been with, with president obama, they're opposed to isis, and they will sign up for this coalition, and the effort then is to try to get regional partners, king abdullah, and the king of jordan, and turkey is a nba of both iraq and syria, and they would like to get other countries in the region involved, particularly in the gulf states, and what it will do for nato, and i think to get the other players involved, they will need to go to the u.n. and unfortunately with that effort, there's the u.n. general assembly, which is taking place a couple of weeks ago at the end of this month, where all of the
the british prime minister, he has welcomed the ceasefire, and that said that it doesn't mean that the eu sanctions should be shelfed. any way that the ukraine is divided. it's strong language from david cameron, and moving onto your question, strong language from him on isis. but he has just said this a short time ago. and that is right now, uk is not yet supporting military action against islamic state. because he has to persuade parliament to get behind that sort of action. but what he has...
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Sep 16, 2014
09/14
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BBCAMERICA
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the eu deal is back before parliament. plus, the separatist east is given limited self-rule. >>> president obama will announce later today that america is sending 3,000 troops to liberia to help fight the worst ever outbreak of ebola. >>> and ahead of thursday's vote, the leaders of britain's three main political parties vow they will transfer more powers to scotland, but they urge scots to stay part of britain. >>> hello. the u.s. has launched air strikes against islamic state militants in what it says is the beginning of its new more aggressive policy against i.s. the military says the strikes near baghdad and in the north were in direct sport of iraqi security forces fighting in the region. the yellow parts of this map show the areas that islamic state militants control across syria and iraq. on the eastern side of iraq, kurdish peshmerga troops are continuing their fight against islamic state militants near erbil. we have this report. >> reporter: it is on these fighters that the statesmen in paris are pinning many of t
the eu deal is back before parliament. plus, the separatist east is given limited self-rule. >>> president obama will announce later today that america is sending 3,000 troops to liberia to help fight the worst ever outbreak of ebola. >>> and ahead of thursday's vote, the leaders of britain's three main political parties vow they will transfer more powers to scotland, but they urge scots to stay part of britain. >>> hello. the u.s. has launched air strikes against...
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Sep 8, 2014
09/14
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BLOOMBERG
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on the other side, companies like expedia are complaining to the eu. ave this whole process taking place. seemed to be very negative complaints. have a listen. the last version of the report, we came back to the complainers. the complainants have sent replies during the summer. some of these replies are very negative. in some of those replies, some complainers have introduced new arguments, new data, new considerations. we now need to analyze this and solutions to find some of these concerns. that to me doesn't sound like a process for google that is wrapping up anytime soon. they are putting pressure on multiple fronts. tomorrow, they will start holding hearings on this whole right to be forgotten. what can be erased from the internet? on the android operating system, there is some concern they may be starting a new probe. >> we are trying to receive from google some responses or explanations to some complaints that we received. these complaints put forward rigorous arguments that they have not found adequate solutions. the next step would be to open a
on the other side, companies like expedia are complaining to the eu. ave this whole process taking place. seemed to be very negative complaints. have a listen. the last version of the report, we came back to the complainers. the complainants have sent replies during the summer. some of these replies are very negative. in some of those replies, some complainers have introduced new arguments, new data, new considerations. we now need to analyze this and solutions to find some of these concerns....
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Sep 11, 2014
09/14
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BLOOMBERG
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we have a common interest in keeping britain in the eu, but not in the eu of today, not the status quogood for jobs in britain is good for jobs in spain. it is about a better you for the bute of the european union, britain needs to be at the heart of that debate. >> iq for coming to cs. what else is on our radar? -- has tightened his grip by grabbing the top job at farah re: -- ferrari. we caught up with the former ferrari chairman in an exclusive interview. >> i have been here 23 years. increased in unbelievable ways. we will present, at the end of the year, historic record in terms of revenue. the pleased to leave company in this condition. this is the best company in the world. the 30th anniversary of the -- the 13th anniversary of the 9/11 attack in new york. the memorial begins in a few hours. we are following the oscar pistorius trial. the high court judge has started to read her verdict for the athlete. he is charged with the murder of his girlfriend, reeva steenkamp. media coverage of the trial did affect testimony. coming up, gas prom under pressure. they see profits dropped 4
we have a common interest in keeping britain in the eu, but not in the eu of today, not the status quogood for jobs in britain is good for jobs in spain. it is about a better you for the bute of the european union, britain needs to be at the heart of that debate. >> iq for coming to cs. what else is on our radar? -- has tightened his grip by grabbing the top job at farah re: -- ferrari. we caught up with the former ferrari chairman in an exclusive interview. >> i have been here 23...
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Sep 6, 2014
09/14
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KCSM
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the eu is prepared to pay to store the extra milk and wants a program to find new markets for it. >> i would point out that all eu countries not only want to concentrate on measures to regulate the market but also to seek to develop new markets in the medium-term. >> he worries things could turn sour for milk producers. small and midsized farmers like him would be better helped if the eu reduced its overall milk supply, but production quotas are set to remain unchanged until next year. >> rescuers in bosnia have polled 29 mineworkers after a blast trapped them underground on thursday. >> the coal miners had to spend 20 hours in the collapsed mine after a mild earthquake triggered a gas explosion. five of their colleagues are feared dead. they have yet to recover. another 22 have managed to escape after the blast. it's the third incident at the mine this year. >> well, it's already killed more than 2000 people. now in the fight to stop the largest ever ebola outbreak, researchers say the blood of infected patients may be a major weapon. >> the world health organization says the blood o
the eu is prepared to pay to store the extra milk and wants a program to find new markets for it. >> i would point out that all eu countries not only want to concentrate on measures to regulate the market but also to seek to develop new markets in the medium-term. >> he worries things could turn sour for milk producers. small and midsized farmers like him would be better helped if the eu reduced its overall milk supply, but production quotas are set to remain unchanged until next...
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Sep 8, 2014
09/14
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CSPAN3
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i think the eu needs to think about that. nd especially if it had a strong emphasis on autonomy and the regions, this catch phrase, never really came to -- people don't feel really the europe of the regions in most places. >> the strong rule of the member states, the summits over the last year is probably the other direction that would give people the feeling you would secure the interest at the moment. you're absolutely right. if you would like to make it relevant in this context, i think that's where they could be a moderated. but i do also want to say in relation to the scottish context, there is a strong difference between different nationalists or separatist movements. the scottish one has not been emphasized in terms of cultural autonomy. that is not, less important in the referendum. it's about sharing assets and equality issue that's come up, for example. it's much more about this than national identity or language. clearly a language element that comes into it, which is less important. if you polled, you would see a s
i think the eu needs to think about that. nd especially if it had a strong emphasis on autonomy and the regions, this catch phrase, never really came to -- people don't feel really the europe of the regions in most places. >> the strong rule of the member states, the summits over the last year is probably the other direction that would give people the feeling you would secure the interest at the moment. you're absolutely right. if you would like to make it relevant in this context, i...
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Sep 9, 2014
09/14
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BLOOMBERG
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includet sanctions barring some defense and energy -- from the eu. cernible] johnsecretary of state kerry is due in the region this week to help build a coalition against islamic state. he calls the vote a major milestone. currency futures suggest the fallen againster the dollar before this month's vote on scottish independence after tumbling more than 6% this year's peak in july. the yesntum behind campaign continues. respondents say they will support independence that is up. in london and across the country, everybody is talking about apple. after weeks of speculation, it is apple day. new products are due to be launched in california later today. the ceo tim cook hopes to wow the audience. more is caroline hyde. anticipation building. can they deliver? >> we understand even a three-story building being built outside where the speech will be delivered in california to try to show as a hardware will be slick and the software as a wall. they have whetted the appetite's -- appetites of advisors. not only tim cook abutted the head of itunes saying we ha
includet sanctions barring some defense and energy -- from the eu. cernible] johnsecretary of state kerry is due in the region this week to help build a coalition against islamic state. he calls the vote a major milestone. currency futures suggest the fallen againster the dollar before this month's vote on scottish independence after tumbling more than 6% this year's peak in july. the yesntum behind campaign continues. respondents say they will support independence that is up. in london and...
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Sep 14, 2014
09/14
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CSPAN
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this also spreads across the eu, into spain and other key u.s. ies that could well face this question. a piece aboutve this that i think we distributed out front that talks about the and thet that this sets difficulties that might cause for the european union. so what will the u.s. do in the case of a yes vote? is always a fair bet, in the face of a dramatic international developments, that the united states will urge calm. [laughter] i think that that will be the first reaction. what that really means is that they well, broadly, accept the outcome. urging, in order to make the best of a bad situation, a fast resolution of a negotiated, agreeable divorce. specifically to create a sense of reassurance and to minimize the disruption that i talked about that they fear. think, quietly and do some extent from behind the scenes, push for eu/nato membership for scotland on reasonably fair terms. implied,l be, as geoff very, very hard negotiations on the nuclear deterrent, but i do think that they are ultimately looking for a solution. they would certainl
this also spreads across the eu, into spain and other key u.s. ies that could well face this question. a piece aboutve this that i think we distributed out front that talks about the and thet that this sets difficulties that might cause for the european union. so what will the u.s. do in the case of a yes vote? is always a fair bet, in the face of a dramatic international developments, that the united states will urge calm. [laughter] i think that that will be the first reaction. what that...
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Sep 27, 2014
09/14
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KCSM
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it is considered a terrorist organization by the eu and u.s. since the 1970's, they have fought for an independent kurdish state. in turkey it has cost 45,000 lives. in 1990's, pkk followers attacked consulates and travel agencies. the group has since sworn off such attacks. it is now engaged in the battle against islamic state jihadists. >> the pkk plays a central role. the kurdish fighters in northern syria are an offshoot. in the mountains in iraq, it was pkk from the party's central office who shielded the minority in the retreat and escape from the region. >> unlike the pkk, another group, the peshmerga, have received to german weapons to help against i.s. critics question of the groups are working together and whether the pkk could misuse the weapons. on the other hand, the pkk's fighters could wipe out i.s. for the west, it poses a dilemma. >> if an organization is listed as a terrorist group, that prevents countries from working with him. for european organizations, the pkk poses problems on the national level in different countries. als
it is considered a terrorist organization by the eu and u.s. since the 1970's, they have fought for an independent kurdish state. in turkey it has cost 45,000 lives. in 1990's, pkk followers attacked consulates and travel agencies. the group has since sworn off such attacks. it is now engaged in the battle against islamic state jihadists. >> the pkk plays a central role. the kurdish fighters in northern syria are an offshoot. in the mountains in iraq, it was pkk from the party's central...
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Sep 3, 2014
09/14
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CSPAN
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the eu? the second has to do with the pound. decidet scottland to dollar-ize as panama has done? this does to american-style politics and it's an enormous pleasure to hear this that had been more thoroughly polled than the americans are used to. the get out the vote, is there a with eachted system party identifying likely voters going to get them to the polls? great questions. i will start with the first one. , i simplified the european issue. you could do a talk just on the european question, obviously, and the political views and so on. that's a strong interest. we do a lot of briefings in scotland on this. the spanish consulate is always there and a lot of catalog groups are always there surprisingly. there are the reemphasis and that is probably the other direction that would give people the feeling that the eu would secure the regional interest at the moment area you are absolutely right. if the eu would like to make context,levant in this that is where they could be a moderator. i do al
the eu? the second has to do with the pound. decidet scottland to dollar-ize as panama has done? this does to american-style politics and it's an enormous pleasure to hear this that had been more thoroughly polled than the americans are used to. the get out the vote, is there a with eachted system party identifying likely voters going to get them to the polls? great questions. i will start with the first one. , i simplified the european issue. you could do a talk just on the european question,...
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Sep 9, 2014
09/14
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LINKTV
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the eu has agreed on a new set of sanctions against russia over the crisis in ukraine, targeting theetrol industry in russia. but they are not being put into forced immediately. let's get more. >> russian oil, the new target of eu sanctions are three of the country's biggest suppliers including the guest from petroleum arm are all in the crosshairs. each of the cavities access and ability to raise money on european financial markets will be restricted here at the new sanctions do not target the gas sector of the country which could have a knock on effect for other european nations such as germany and rants. eu council president says he hopes the measures will alter russia's decision-making with regards to ukraine. the kremlin denies accusations by its neighbors and the west that it has sent troops to support pro-russian rebels. >> if we could see signs of a durable cease-fire and if peace talks restart with 3 -- with ukraine, we can renegotiate these sanctions. >> the second round of sanctions come after initial measures were introduced by the eu and u.s. in july. the coordinated eff
the eu has agreed on a new set of sanctions against russia over the crisis in ukraine, targeting theetrol industry in russia. but they are not being put into forced immediately. let's get more. >> russian oil, the new target of eu sanctions are three of the country's biggest suppliers including the guest from petroleum arm are all in the crosshairs. each of the cavities access and ability to raise money on european financial markets will be restricted here at the new sanctions do not...