we'll see a lot of industrial action going forward when it comes to thyssenkrupp. shares trading lower back to you. >> ireland outlining a detailed extra funding to curb the impact prime minister boris johnson told the eu 245 his offer is on the table. he's awaiting the response we spoke to the irish manager back in september and asked then how effectively this upcoming budget could handle a no-deal brexit >> our point of view is to look at what plans and strategies i could put into place that would protect to such change i believe because of the strengths and all that we've gone through, we'll be able to do this. >> the uk says 88% of imports will be duty free. the scenario revises the scheme. the arrangement provides for 12 months and a full term in january. that full report is released >> how do you see the distribution of risk in terms of the outcome of a no-deal brexit, or an extension at this point? >> in terms of what has changed there is a slight possibility. i don't think that is the base case that is required to request the extension. the marginal change

thyssenkrupp is trying to raise cash. elevator unit is estimated to be worth about $16.6 billion. -- roche boosting its outlook for the second time this year. warning excessive significant increase in the number of people suing over round up. as of july, more than 18,000 lawsuits had been filed. they are losing three lawsuits in the u.s. claiming the weedkiller causes cancer. the company inherited the problem when it bought monsanto. that is your bloomberg business flash. alix: thanks so much. economists going coated tow over the question, is the phillips curve dead? james bullard says yes. his colleague frederic mishkin disagrees. >> based on some views i think are just wrong but the phillips curve is dead -- >> i do not think this idea is dead. the empirical phillips curve looks like it is zero, but the structural phillips curve could still be alive and well. i think that is a very tangible thing. alix: bullard joked that the debate reminded him of a fed policy discussion. i feel like for economists, that was probably t

axa group.rl is with -- thyssenkrupp, black star, and carlisle getting together to look at the competitionnk of america out with earnings and a bit. we will cover the good efforts of mr. moynahan. single best chart with ian bremmer, and i want to get back to the u.s. here is a chart i have never , rubel-lira or lira-rubel. there has been a long term stasis within the relationship until there wasn't, and this is recent russian strength. what a history of russia and turkey across the black sea. ian: talk about on-again, off-again relationship. you remember when the turks shot down the russian plane and the russians cut them off. turkey was in freefall. trump talks about his ability to destroy the turkish economy if they do not get him what he wants. putinow do you determine kurds,mascus, assad, the and the aloneness of erdogan? ian: trump has moved the needle in that he has allowed isis to consolidate. he has allowed the russians to get stronger and consolidate power with assad and the kurds who had largely been fighting against them. that is a big change, but at the same time, most of this