denied the right to stay the u.k. government denying third generation chicle since that i had to stay in u.k. is just absolutely bizarre we need to remember this is a people that have been forcibly to moved from the it outlines taken to the u.k. by the u.k. government typically the. quite humble job quite practical job so they have no listen to what we might consider to be the professional ranks they have not. done particularly well through education these are gentle obviously alek i think the judgment of the international court of justice shines a light on all thought and particularly shines a light on the fact that these people these important people have gone absolutely right to turn to that island to develop a call me that they once had and to live the life that they once had their suited to their culture their personalities. and they had aspirations and that's really what we should be trying to force the u.k. government to implement to do the right thing and to let these people go home what about that forty two m

u.k. economy and u.k. jobs. no deal would be most damaging the u.k. either also pockets of the european union where no deal would be damaging certainly the republican. a lot from no deal. and so there is some incentive for the european union to try and get a deal of some kind it may be that it's waiting on sort of regardless of the ball is in the u.k.'s court now as to where we go from here the u.k. is likely i think to ask for an extension of the article fifty process and how the european union responds to that it will be critical we have this problem of the european parliament elections coming up in a couple of months time so the possibilities are either for a very short extension and it's not clear what progress made on proposing a. deal within that time frame of the second possibility is having a longer extension that takes is well beyond the european parliament elections and that brings its own problems of how the u.k. act in which ones of those election is do we have an election and this and of course. chief negotiator stated that all it can to

well the u.k. would have to take part indeed if they do want an extension that offer is still on the table that they could get a long extension but that would mean they'd have to participate in the european election will it be inconvenient for the european parliament which has already calculated how the seats of british i mean peace can be distributed through the twenty seven countries remaining yes of course that would be the case about the lesser evil of course is that they do participate heartbreaks at a no deal a disorderly brax it can be avoided. if this disorder brett sit ins on the twelfth of april how long will it be before brits start to see a difference and what will the items is. when one could top conservative put it the u.k. will be in a state of emergency and i think that as the brits will notice it right away and immediately so they're going to be issues at the border basically you are going to have a hot border between northern ireland and ireland something the e.u. and the u.k. hav

the u.k.economy? the choices seem to be hard brexit or delay? timothy: i suspect you have a net positive versus the status quo. we have done significant damage to the investment environment and it is not as though is if you get a fully positive outcome in the next couple months that 100% of the delayed or curtailed investment will come rushing back in. a lot of it will. it will be a growth positive scenario. looking where trend growth is, we have taken a shift lower. i suspect it will take a long time to do so. i was reading something which suggested one strategy saying the trend lower in gilt yields is set to continue due to haven demand in the u.k. is part of the story, but you have high conviction on your underweight guilt call on a positive brexit outcome. talk us through that. i think even on a negative, you will get positive performance. natural demand, but it is more on a relative basis. the probabilities do favor a solid outcome. for us, it is the highest conviction way of playing the

bracing for break six who will be left to trade with britain and the u.k. creches out of europe and also precious out of forty free trade agreements country in place with only eight small new deals in place right now britain's economy could be left in splendid isolation. europe's truckers prepare for long waits we spent twenty four hours was one of them facing the new realities of post breaks in britain. this is the business as in berlin welcome. today is the day or it would have been that britain wanted to leave the e.u. but with the british political class so more concerned about political infighting and economic sanity the date has been moved to a. prospect of a no deal breaker still not completely off the table but his trade negotiators need to set agreements in place around the world to ensure trade can continue smoothly let's have a look at where britain stands right now as a member of the youth the u.k. currently is part of around forty deals around with partners around the world covering a total of seventy two countries those deals account for aroun

the u.k. currently is part of around forty trade deals around the world and you should see a nice piece of graphics right now but it will. just die last so it covers current trade deals inside the you are covering a total of seventy two countries those deals account for around fifteen percent of britain's overseas trade but if the u.k. leaves the e.u. without a deal it will immediately drop out of those agreements so to avoid losing out in the event of a hard break that it needs to take action but so far the u.k. has only arrange so-called continuity agreements to cover eight of those trade deals that means there are thirty two still on the go shit so businesses in britain have a lot of preparations to do without knowing why. exactly to prepare for they are not alone a new report by orders a k p m g and the british chamber of commerce in germany suggests businesses elsewhere of the e.u. are too struggling to get ready in time or whatever breaks it will look like. putting aside talk of having o

leaders hitting the pause button on the u.k.'european union british prime minister theresa may now has two more weeks to avoid a no deal brexit scenario. >>> after two years of negotiations for the european union. as i'm sure you know, dom, the british parliament twice refused to approve theresa may's deal. her government spent 18 months working on that with her yourp even counterparts. what that meant is that there was a hard brexit very imminently approaching something that a majority of british lawmakers did not want theresa may did not want european leaders here that she met with last night did not want what they've done is they've given her a little more breathing space if she can get that deal through third time lucky next week. she'll have until the 22nd of may in order to get through all the rest of the corresponding legislation required for the u.k. to exit the e.u. in what they call an orderly manner. if she does not get that through parliament next week, that deal, then she'll have to either accept a no deal brexit apr

u.k. is ruinous has been inundated by i think forty of the fifty judges and the international court of justice that is quite something you have us through but there is nothing in it for us at all because this if the u.k. decide to give this back to us the czech question people will be the great losers in this situation so how do then you see the route forward for the community of to gluteus what i'm saying is that this government needs to do the right thing z. need to implement the feasibility report done by kim g. on resettlement in the chagos silence so because this report stipulated that a return to resettlement ease feasible and there is no legal barrier to it but in twenty sixteen of course the u.k. government that can't be done under of course the new. should the american license to to use the c. or your main island for the next twenty years as a as an airport runway yes and they were complaining about the cost for a pilot resettlement but now you know we've briggs's you have to spen

and the u.k. negotiated for the last two years and the house of commons already has rejected twice to be fair but it seems to reason may the prime minister the u.k. is rather optimistic that if she really gets that third vote she might be able to push it through let's say just for the sake of it she does in that case there's an automatic extension until the twenty second of may that would be a technical extension because even if the house of commons approves they would need some time to implement that decision into the into u.k. law so that that's probably the simplest of the options now the unfortunately it's not the most likely one the most likely one is that the house of commons will reject this deal as they have done twice before and then the extension gets shortened until the twelfth of april that doesn't mean that there will really be a briggs because. a president of the european council was asked exactly that question and he said everything is still on the table until that day so even a ver

rejects the u.k. request britain is not leaving the european union as shuttled on march twenty ninth paul brennan al-jazeera westminster so what happens now all the lame brags it can happen only if european union leaders approve all twenty seven must unanimously agree to extend article fifty the clause in the e.u. treaty for the united kingdom to leave to resign may says the extension shouldn't be longer than three months she says she'll try for a third time to get her withdraw the are passed by the house of commons next wednesday if this fails may will seek more time at the delay could mean the u.k. has to take part in european parliament elections in may. well let's bring in our guest now in london is catherine mcbride senior economist in the international trading competition unit at the institute of economic affairs joining us sir via skype from chisinau more dover is down our car or bear quine associate professor at the school of law and government at dublin city university and in berlin we have j

very emotional times in the u.k. charlotte potts reporting from london thank you so very much and the. markets as always thank you as well and alex forswearing with me here in the studio providing some much needed analysis thank you to all of you all right now we are going to turn our attention now to new zealand or a national memorial service has been held in christchurch new zealand to remember the fifty people killed in two mosque attacks two weeks ago the gunman was a self declared white supremacist who had expressed anti muslim views the ceremony presided over by prime minister just in the urban channel the grief of a nation echoing calls for a kinder and more humane world. i'm just passing i mean. look i didn't i mean. the hum of the names of the victims read out one by one as tens of thousands stood in silence and in unity. remembering grieving and looking inward. what words adequately express a pain and suffering of fifteen mean woman and children lost and so many injured. what would scare picture the anguish

where the u.k. fought a war to keep them from the ne ns and the chigger say when those were the united kingdom repatriated the forcibly and then gave them their way effectively to the americas general for starters in contrast it is an astonishing cause and struck my fear is that the situation may continue in this new era that dizzy can go and give back the island tomorrow and we will be the losers we should be included in all negotiations in future how confident are you that one that you will be oppressed the next you'll be a president in a situation in these wonderful violence in the indian ocean it is possible but there is in need for efforts to be done from every site from the u.k. from the united nations every corners need to prove their effort together for this to happen we are talking about bridges islanders here and we are defending people around the globe in other nations yet they are british subjects whose rights have been looked down by this country the human rights has been refused denied

the u.k. is an important market.ompanyntley there, really depending on exports. many of our luxe year brands and sportier brands have a big market share in the u.k. ora controllable brexit, whatever decision is introduced, would be very important to stabilize. matt: can you quantify that? tell us what you expect? herbert: we have different scenarios. if it is really an uncontrolled brexit, yes, we would probably see a decline in the market on both sides, exports. we are preparing for a few things, but you can only anticipate so much. it would not ruin the company, but we would not like it. matt: on a china-u.s. trade deal, do you have optimism? can you put that into a quantifiable dollar figure? herbert: you know, for us china is very important. we increased market share last year, under difficult conditions. china is really important for our worldwide presence, and also for our profitability. starting last year, january and february saw a decline of close to 10% in the markets, so that is hurting. on the other hand,

does the u.k. recognize the independence of the people of yemen or not and the independence of other regional nations if other countries have interests in the u.k. than with the british allow them to behave the same as they do in yemen. the world is changing new powers are emerging of i would the u.k. allow africans for example if they became powerful to seek compensation for the u.k.'s colonial era or the slave trade. well it's in their interests but what if the u.k. refuses to pay that's compensation then all those african countries supposed to start a war if we accept the u.k.'s mindsets visa v. protecting its interests in yemen then the world will turn into a healthy. so we believe we are in this world to make it into a heaven not a hell. of unilateralism has come to its end and i hope those mistakes would not repeat itself. the world is changing rapidly people are becoming powerful and they may feel that they have the right to adapt the common approach of the usa and the u.k. we don't want to

the u.k. would leave the eu. ftse 100 opening up flat but slightly to the downside. liv-ex also opening flat. -- the ibex also opening flat. for the market of a low chinese stocks were slower and a mixed picture in asia. let's take a look at what is going on in sectors. one thing i'm interested in his industrial. xi jinping and emmanuel macron are talking about a potential deal at the end of the month. they had earnings and weaker growth at the start of the year. i also want to look at materials what we have chinese data, we did see aluminum and steel producers hit records, good for iron and miners when you think about individual movers this morning? amory, -- annf, marie, brent is to the upside. companies that are adding points to the stoxx 600, you can see total and shell. are alsoand sanity helping out. looks like oil and pharma stocks we see britishr -- helping out. we see british tobacco also helping to drag the stoxx 600 down. thesee, to some extent, material miners helping to her to hur

and the peace had already been split up for the case that the u.k. least now if the u.k. participates that clearly will not be the case but looking over all the e.u. has very much an interest to find an orderly breck's it and if it takes an extension if it takes the u.k. participating then that is option is on the table. so much at stake for all parties involved marcus reporting from brussels and the charlotte fos in a london thank you both for your continued coverage. of ukraine it is set to elect a new president on sunday it's the first nation wide vote since twenty fourteen when the my diana revolution led to the fall of the country's pro russian government well two of the candidates are political veterans along with a surprising a newcomer who is a made a strong showing in opinion polls of a lot of mirrors alinsky he's a comedian it was for playing the president in a popular television show now he wants the role in real life. just. go through good morning mr president as. an ordinary man taken by surprise catapulted into the top job by a string of coincidences that's

phil: we know in the u.k. theresa may will bring this business back to parliament and there will be some more voting. what does brussels do, does brussels sit and wait for something to happen? reporter: the contingency planning is in full swing that they u -- the u resumes there is no an area. they look in all sorts of directions, how do -- new customs officers have been recruited in calais which is the border part closer to the british border. so all sorts of preparation and legal preparations are in full swing. the eu has made it very clear what happens in a no deal breaks it is they will make a unilateral proposal to the u.k.. on citizen rights for instance but they will not come close to anything like a deal which the u.k. could negotiate. it will only be emergency operations that are taking place anand not a soft brexit that cod be prepared because the only deal is -- that is on the table is the deal ththat has been rejected a third time. phil: thank you both. let's get the view from berlin. we are joinin

u.k. out of the e.u. the think they consolidate deal, but it is up to prime minister may. this is a domestic u.k. political story. >> maria, we are still awaiting a press conference from prime minister may at the moment but we have heard from the telegraph as well that chairman brady really told the prime minister u.k. mp'sis week that don't want her around anymore. what is her future looking like? maria: it's very difficult. for the prime minister, no question. she had a confidence vote that should keep her safe in the job. it is this idea that she is not able to get the deal done that can weigh on her futures. there are questions as to whether she can be in power. what are your many times in brussels is that this is a prime minister who is in government but had lost control of the process and she has no power. it is very difficult for the e.u. to engage in a negotiation where the counterpart has very little say as to what happens next. what camp prime minister made you next? -- may do ne

the u.k. would impose temporary tariffs on carpark and the u.k.h a set new import checks on chemicals and endangered species. obviously, the government guiding for what some would say is the worst-case scenario. depends on which side of the house in which bench you sitting as to whether you think hard brexit rising would be the worst-case scenario. nejra: yeah, these tariffs would apply on goods headed into the u.k.. as you say, everything seems to be on the table. theresa may defeated again, not by as wide a margin, a record for her defeat in january, but still, the house said no to the new deal she brought back. today, lawmakers will vote on the prospect of a new deal. the expectation is that, generally, we moved to an extension of the march deadline. drop, rebounding just a touch today. but really, all options are on the table. we get an extension of a second referendum, and what does it mean for theresa may? manus: we have breaking news from standard life. i'll get to the numbers in just one moment. but they -- there is a dissolution of the cu

the twelfth of may prove the key date in terms of the u.k. the fighting whether to hold utopian parliament elections. if you test now decided to do for. the option of a longer extension will automatically become impossible. as you know in accordance with the treaties and the extension must be decided unanimously by the e.u. twenty seven in agreement with their member states confirmed. this is why i met the prime minister may several times tonight to make sure that they accept the extension scenarios. and i am police to confirm that we have reached an agreement on this. thank you thank you and now the president of the commission shanklin ladies and gentlemen since that they have to reform that the position of the twenty seven members of the commission has been united and unequivocal we have worked tirelessly to negotiate to be told that we. have done everything we could to help get it over the finishing line we were asked for clarifications in december we gave them we were are sure. we gave them i was asked for the reassurances last month that

because farming of a u.k. level is you know it's not that economically or politically important ultimately and if they have to be trade deals i think the u.k. government would sacrifice the farms for us but there's another. possibility of despite all the apocalyptic forecasts of cliff edges on the rest of it which everybody has an adult's than there's a good things will just muddle through economically that people will of just the new paradigm that that none of these cliff urges will be as steep as people suspect or worry about breaks it is a long term one even with a negotiate even if tourism had got her deal through leaving the e.u. at the moment. in a world which is moving towards intensified competition between economic books i think of your u.k. on its own outside of the you its economy will be crushed britain leaving the leaves britain as an economy vulnerable was little economic or political clout to negotiate economic deals and that's dangerous so i think you have to choose friends in this world econom

and u.k.? mr.y financial, there was a working was --- financial, there sector, there was a commission. there were several areas like for example clearing and the e.u. has taken necessary steps, temporary equivalents decisions to mitigate those risks. of course still also in the area of financial services, a no deal brexit is going to be more disruptive and will require more preparation, were -- more work from the financial market or disappearance. -- market participants. mitigated by the ecb and bank of england. taylor: some of the risks are a global slowdown or some softness or weakness in european countries. pmi numbers come out and germany and france look a little weaker. are you concerned about a slowdown or is this a short term blip on your radar? mr. dombrovskis: first of all, the e.u. economy continues to grow for a seventh year in a row. this year, we expect all 28 e.u. member states will continue to grow. employment is at record high levels. unemployment is at record low levels. we are in

travel by ship a in this forced exile to morris and i made my way to the u.k. with a group of people eighteen of us in september two thousand and two we reached got to be here and i started a campaign for people to get a accommodation and we started a new life then i managed to get another group of fifty people in two thousand and three and one hundred twenty and of two thousand and four now this has grown to about three thousand people in cruelly to self and what are your hopes no mr preston for for achieving justice for your people do you see the united nations general assembly who will probably in all probability take the international court of justice ruling underscores a fool's session do you see that as the forward are you hopeful of the private bill to secure the the residential rate so she goes in for generation in the u.k. or do you think some other method you could use to forward your campaign it's complex it's very difficult i think it's getting more difficult because of this opinion of this international court of justice but now i think members of p

you could keep the u.k.n the e.u., still having it say on big appointments and who will be the next commission president, maybe even having to pay into the budget and hijacking the entire election. e.u. leaders will tell you we want brexit to be over and done with. we want to move on. there are a number of things on the plate for the e.u.. it's not just about brexit. those are the two big conditions on the table. prime minister may can get an extension but it's conditional to the deal being approved by the u.k. parliament, and only until the end of may. ,mber: thank you to maria reporting from brussels. let's continue with this story. for more on brexit impact let's theome in nicholas from peterson institute. thank you for joining us. -- thes like this sector specter of a no deal brexit is alive. but you say that the prospect of a no deal is actually lower than it has ever been. take us into your thinking. >> it's obviously a matter of judgment, i think what we've seen in terms of the dynamics in westminster

all of a sudden now participate seeing that the seats of peace from the u.k. have already been split up partly among the rest of the twenty seven member states and so countries like racial or ireland would now be a little bit in limbo whether they will get an extra seat or not but apart from that it is without doubt that the e.u. would like to see. an orderly solution to the bracks of problem and so this would be clearly the lesser of two evils i have no doubt that if the u.k. wants to participate in the european elections get a long extension that is what they will get the papas is less important i would say than theresa may has just said in his speech alex with me here in the studio one high ranking official a tweeted a short while ago that april twelfth is now the new april twenty ninth thomas twenty nine march twenty ninth so i'm good i'm adding another incident to the already very busy time right here march twenty ninth talk to us about the how when if we go in with this well nobody knows where we're going with this and i'm to anyone who can tell you it's

it is clear that the u.k. based on a preplanned skeen wage was sell weapons to undermine nations destroy their infrastructures to prevent them in the first place a certain nation from assuming power after then they return to the war torn country for reconstruction on one hand they tackle unemployment create jobs and sell their weapons then on the other hand they destroy the civil infrastructure of the war torn countries and again they create jobs and boost their own firms and corporations this is like a person who is feeding on slaughtering other human beings god almighty does not like such humans there definitely will be a severe punishment for then in the hereafter. they should not assume that other people do not know what they are doing by using this very childish absurd reasoning every governments can interfere anywhere in the world and eventually nothing will remain in its place i hope they would hear the words of one out of seven point five billion people of the earth who favor peace loves other people a

the u.k. to decide if it wants to run in the european parliamentary elections, so we also have potentially two more deadlines. one would be in may if the deal goes through the u.k. parliament. another when that is still being considered is a longer one if there is a no deal scenario, no deal approved in the u.k. parliament and things do not look as clear as european leaders would like to see, but the bottom line, given that we are looking at a number of deadlines, is european leaders have moved back from an eminent no deal, so the u.k. next friday thed not crash out if document we have seen is confirmed by european leaders tonight. what does it mean for eu unity? we have seen some conflicting words, from president macron saying of parliament rejects that deal again, then it is no deal. we hearing from french officials that they are aiming to ensure no no deal brexit next week. of the eu alls seeing eye to eye? >> well, they will have to. any concession taken tonight will have to be approved th

it is said earlier it's been very clear u.k. government has decided russia is to blame and the press have gone along with that see yet we don't see the evidence why do you think the evidence isn't being produced what are they concerned about. well i think it is the minister for the affairs lover of said there is something to hide and we believe that something wrong in this would happen you know in salzburg and. there are a lot of points to you in russia that this way or one way or another was staged because in order to divert their attention from the braggs it this is you know one at least one direction of thought and the other the direction is that. britain if you years ago adopted the national security strategy that was at the southern fifteen where russia and the isis when the is the major any abuse of britain just to support the kind of line of the government which was repeatedly confirmed by the prime minister several times the last time that was in the bible last year in her speak speech at the mention house so britain too

and the u.k. negotiated for the last two years and the house of commons already has rejected twice to be fair but it seems to reason may the prime minister the u.k. is rather optimistic that if she really gets that third vote she might be able to push it through let's say just for the sake of it she does in that case there's an automatic extension until the twenty second of may that would be a technical extension because even if the house of commons approves they would need some time to implement that decision into the into u.k. law so that that's probably the simplest of the options now the unfortunately it's not the most likely one the most likely one is that the house of commons will reject this deal as they have done twice before and then the extension gets shortened until the twelfth of april doesn't mean that there will really be a briggs because. president of the european council was asked exactly that question and he said everything is still on the table until that day so even a very long

the u.k.not retaliate. second, while contract between the u.k. and e.u. leaders will remain valid, investors are still scrambling to work out how they will be serviced. banks have also been undergoing the cumbersome process of re-papering, switching contracts to you entities. finally, the large volume of business in the payment sector is handled in the u.k.. those forms will lose the ability to do business in the bloc after brexit. could these issues cause europe financial system to unravel, or planned, thatell- it will be more like y2k? the european financial landscape for years to come. his ignorant best ♪ >> of those were some of the few to risks that still remain the financial system two years after the u.k. triggered article 50. now let's check in on the markets. we are joined by two guests. , let's start with you. the sensex is headed for its best month in three years. what is moving the gains in india? good morning to you. i look at the glass half-full. fast, butcoming in hey, the color

today the winds are above weren't the u.k. is headed no we are absolutely not any the wiser apart from today was supposed to be the day that the u.k. exit to the you that is now being put back two weeks of the twelfth of april is the first time the u.k. could possibly leave and if they did so the way it's looking at the moment it would be without a deal and less to resume a swallow's ho words and has to beg the e.u. brussels for another extension and that would then be out to brussels and there's twenty seven other member states to agree and they are not all agreed on this and whether that is a good idea or not when they know that the u.k. is so divided and doesn't at the moment have a way forward will they be receptive to this last minute please let's go to brussels and let's find out my colleague. i'm told is standing by garrick are you there yet on their mail or yes hi there any reaction. a very swift reaction here from brussels from the european institutions basically the european commission send out the message that they

guy: millennials in the u.k.e a problem, because avocado imports could become an issue after a no deal brexit. avocado needs on both sides of the atlantic. this chart shows you the proportion of stocks in the shanghai comp, around 1500 better trading above their 50 day moving average, which is an important indicator. the number is incredibly elevated, up near 100% and it is a broad rally taking place in china with a lot of it be interim by the margin story. they have opened up the margins a great deal. if you are looking to evidence as to why this could get going in china, take a look at this chart, you will find it on your bloomberg gtv 4487. vonnie: that is a wonderful chart, but i think today was a little fun, so i will award the winning avocado, that will be the prize today, to hannah. coming up in the u.s., asia and everywhere online, "balance of power" with david westin. he will be talking china and lots more. this is bloomberg. ♪ david: from bloomberg world headquarters in new york, i'm david westin.

u.k.arliament rejecting the revised deal, but at the same time, boeing also falling on repercussions from the eu d.o.b. airlines crash we saw over the weekend. more regulators, including the eu safety regulator coming out grounding the 737 max jetliners. with boeing falling, with the biggest two-day losses since 2009, the dow fell 2/10 of 1%. boeing makes up 11% of the price weighted index. the s&p 500 climbed. technology shares continue to rally. the nasdaq up for tenths of 1% as we saw the likes of apple, amazon and microsoft gaining ground. we also had a stock inflation reading in the u.s., reinstating the idea that the fed has more leeway before it needs to hike again. you are seeing u.s. futures unchanged at the moment. perhaps a little bit positive. let's see how we are setting up for the session in asia. sophie: not seeing much positivity this morning. that we haved up from wall street. let's check in on how futures of setting up in asia because we could be looking at a mixed sessio

another crushing defeat for the u.k. prime minister as politicians once again reject the withdrawal deal. crisis for boeing the seven three seven x. eight is grounded in many countries after sunday's crash in ethiopia.

we are standing aside from the u.k., because the u.k.ecific situations going on with the gilt market and currency, and that is something we don't feel we have an edge on. we are underweight more broadly. you guys talked about the rally so far this year, the goldilocks rally. the latest incoming data tells us the bond market is being too pessimistic about growth and inflation globally. so it is about treasury, european bonds, not so much the gilt market. nejra: don't worry -- manus: don't worry about goldilocks. i leave you with this. takesa may's deal would 5.5% off of gdp over the next 10 years. it would drop income to the treasury by nearly 2%. it might not necessarily be the best deal of all according to the data. go get a cup of coffee, warm up. barclays chief investment officer, staying with nejra and myself. months and months of political tremors over brexit have shaken westminster to its core. but what about the london financial sector? will it remain as relevant after the u.k. leaves the e.u.? a new study found many firms in the

the u.k. -- the evolution the u.k. has had on this is changing. let's talk about the pound taking a tumble earlier as a the advice of the attorney general. nothing has changed on the irish backstop. that sent the pound tumbling. it has had a negative impact on the 100. is being affected by the pound story. you see that. the other elements, this is saffron. this is the engine maker on the 737. interestings an one, this pregnant vote. the but is reserving judgment while brexit backers are saying changes were not enough. yesterday, we were curious all day as to whether theresa may was going to make that trip or not. she decided to. changes orsmall clarifications made to the legal language but ultimately it looks like the more brexit backing venture is -- have decided against backing this boat and that puts theresa may in jeopardy. guy: c is probably going to lose tonight -- she is probably going to lose tonight. that is clear. we are going to get emergency business of the next two days. it is likely once theresa may has lost the vote, what we will th

has made the u.k. a good offer the u.k. can choose between various options of how they want to structure the post rexx it relations with the e.u. or possibly even stay in it is time for the u.k. to make up its mind indeed the uncertainty or the risk that a heart breaks it may come at any time say in a few weeks the risk does exist and that risk is not quite as but it's almost as bad now as the heartbreaks it would be. the united have been discussing bragg's it very often in the last two years at the moment we're pretty close to that actually happening do you still believe there will be a good outcome is it still possible it is still possible that the heartbreaks it will be avoided that remains our main scenario that the u.k. parliament if we are very lucky starting with votes at the end of today will take sufficient contro to prevent the heart break said there had been a vote early in the u.k. parliament suggesting that the majority in parliament is against the no deal heartbreaks it we just need this majority to assert its

leaders have agreed to offer the u.k. two options to delay breck's it which is supposed to happen in seven days time but it all depends on what happens in the u.k. parliament next week so if prime minister to resume a can get politicians to approve her deal the new departure date will be made to twenty seconds but if they reject it again breaks it will only put be pushed back to april the twelfth or in sleep has more from brussels. it is supposed to be about taking control than what's happened at this summit was nothing short of a humiliation but the reason she turned up assuming the european union. extension plan. the language of everyone else was more or less the same ok a short extension they said with a sigh but only if you get your deal past the most threatening language had been coming from the french who would threaten to veto any delay such was their frustration but their president also warns that this was the last chance he didn't just. talk if there is to be an extension he can only be a technical one we cannot

said chaos is testing the patience of dearly everyone in the u.k. but britain's sense of humor however dark has managed to survive the saga is inspiring some compelling satire as brits tried to stay sane amid the turmoil at westminster. the house of commons was a penny hill chase on acid running through a salvador dali painting in a spaceship on his way to infinity it was a kind of death defying window shattering shaping never to be surpassed lunacy. the image drawn by tom petty writing in the independent newspaper. now to reason may has lost so many votes on bricks it it looks like this duck. i'm an indian and i can tell you that brits take forever to leave i'm irish and i can confirm this is true. when in your case it's literally forever. and some people do seem to think this movement but it's running way out of control. rex it is like half the country run by accident and now they feel like they have to get off even stop. people on both sides think it's chaos even modernist. watching briggs it play out on twitter is like being on a what's up group

u.k. parliament where lawmakers will hold another key brexit video today. we'll take you live to london with more. that's coming up first, let's get a quick check on the early market action futures right now showing stability. you see the s&p up by about two points the dow jones up by four the nasdaq up by 11. as for the asian trade, a little more pessimism there overnight as concerns about brexit permanentate through the markets. the fenikkei japan off by a percent. the shanghai composite off by 1% dax and germany off by .1% the ftse 100, the u.k. flat as well now, sticking with europe, the u.k. holding another major brexit vote today. lawmakers will decide if they want to leave the european union in just 16 days from now without a deal this after the u.k. parliament overwhelmingly shot down prime minister theresa may's last ditch proposal for an exit plan. let's bring in steve sdgewick live with more take us through the details. what does this vote mean, and what is next >> great to be w

the u.k. parliament votes and votes and votes on brexit, answering some questions for leaving much in doubt. >> the lunatics appear to have taken over the asylum. >> a global crisis around boeing. the fallout from a christmas spread far and wide. >> brand-new jet crashing after takeoff. kailey: in a wild week for market and politics, exclusive perspective from j.d. dimon who has a message for the u.s. and china. >> trade issues are real. kailey: the shale revolution shakes up the global market. the implications. >> u.s. production will dominate again. >> i think we have a very workable relationship with the membership of opec. >> i think opec has a role to play. kailey: it is all ahead on "bloomberg best." ♪ kailey: hello and welcome. this is "bloomberg best," your weekly review of the most important analysis and interviews from around the world. let's start with a day by day look at the top headlines. investors began the week hoping the u.s. and china could be on the verge of a trade deal but