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travel industry and on other businesses here in the u.k. and in the end the u.k. government said the transport secretary said that this morning that they just didn't believe that thomas cook could come out of that debt that they didn't believe that thomas cook could ever stand on their own 2 feet again and that's why in the end they decided not to rescue the company and i think we also have to keep in mind that bracks it plays a huge role at the moment there's a lot of uncertainty surrounding businesses and the u.k. government here didn't also want to set a precedent saving thomas cook rescuing that company at a moment when the u.k. companies might east struggling where they have would have to rescue more and more companies in the future ok charles thanks so much for bringing us up to date on this story for us in long this brief you know some of the other stories making news around the world a school classroom has collapsed in the kenyan capital nairobi killing at least 7 children dozens more injured reports indicate a number of people may still be trapped inside
travel industry and on other businesses here in the u.k. and in the end the u.k. government said the transport secretary said that this morning that they just didn't believe that thomas cook could come out of that debt that they didn't believe that thomas cook could ever stand on their own 2 feet again and that's why in the end they decided not to rescue the company and i think we also have to keep in mind that bracks it plays a huge role at the moment there's a lot of uncertainty surrounding...
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Sep 3, 2019
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u.k. or stocks from the trading in the u.k. -- vodafone -- rising up and the u.k. strongest gaining index. on the downside, we have some defensive stocks. nestle is falling about .4%. down as well as asml. there are some u.k. stocks that are trading down as well this morning and that is interesting to see the pound falls below. where are talking about the lowest since january of 2017. it is risk going down below its 1985 low. european markets, struggling for direction across the board. that follows a mixed session in asia after bloomberg learned preparations for u.s.-china trade negotiations are not going as smoothly as president trump has portrayed. the sides are struggling to even agree on a schedule for the planned meeting in washington, and it is supposed to be this month. joining us, the fx and global macro strategist at ou -- i wanted to kick it off on trade because that is what is driving the equity market today but i can't ignore the weakness in sterling. it is a stork, really. belowt think it closed $1.20 since well before brexit. we see a new 1985 low goi
u.k. or stocks from the trading in the u.k. -- vodafone -- rising up and the u.k. strongest gaining index. on the downside, we have some defensive stocks. nestle is falling about .4%. down as well as asml. there are some u.k. stocks that are trading down as well this morning and that is interesting to see the pound falls below. where are talking about the lowest since january of 2017. it is risk going down below its 1985 low. european markets, struggling for direction across the board. that...
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Sep 24, 2019
09/19
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seen in the u.k. i don't cover u.k. politics very closely anymore but i still follow it and this is really an unprecedented situation the u.k. that the u.k. finds itself in the u.k. for the prime minister appoints him so in this storm while he is away from london in new york i've been in touch with u.k. diplomats i can tell you they are being very very careful not to say too much but you can hear the tension in their voice it sounds to me look like in the u.k. mission they really really is a very very difficult indeed very dramatic turn of events in the u.k. james bays in new york thank you now humans who see fighters say a saudi led coalition air strike in the country south has killed at least 13 people the bomb hit a residential building in the darley a province a search and rescue operation is underway on monday and a strike in the province killed 7 people were members of one family they were hiding in a mosque the deaths of 40 people at an afghan wedding adding to major concerns about security days before the presid
seen in the u.k. i don't cover u.k. politics very closely anymore but i still follow it and this is really an unprecedented situation the u.k. that the u.k. finds itself in the u.k. for the prime minister appoints him so in this storm while he is away from london in new york i've been in touch with u.k. diplomats i can tell you they are being very very careful not to say too much but you can hear the tension in their voice it sounds to me look like in the u.k. mission they really really is a...
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Sep 24, 2019
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u.k. court says boris johnson's suspension of parliament is unlawful. soybeans to the rescue. china will start buying more beans from the u.s. pboc throws cold water on stimulus. china isn't in a rush to ease monetary policy massively, and must maintain a prudent policy stance. welcome to "bloomberg daybreak" on this tuesday, set number 24th. i'm alix steel -- this tuesday, september 24. i'm alix steel. the highlight in the last hour has to be what is happening in the u.k. a truly tremendous time for the country. that currency up by 0.1%. other than that, will we had new record highs in the s&p, and what will lead that? is the bond rally running out of steam? crude taking a leg lower just in the last hour or so. can see global growth fears permeated throughout the market. time now for little exchange to bring you today's market moving news from all around the world. joining us from hong kong is bloomberg's enda curran, from k, and is seb sale bloomberg's david wehner is here in new york. w
u.k. court says boris johnson's suspension of parliament is unlawful. soybeans to the rescue. china will start buying more beans from the u.s. pboc throws cold water on stimulus. china isn't in a rush to ease monetary policy massively, and must maintain a prudent policy stance. welcome to "bloomberg daybreak" on this tuesday, set number 24th. i'm alix steel -- this tuesday, september 24. i'm alix steel. the highlight in the last hour has to be what is happening in the u.k. a truly...
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lecture of u.k. of all specialist dr grossman it's good to have you back on the show you have been a busy woman today and you're like many of us you've called this decision unprecedented team times today and before before let's talk about that let's get the essential the news essential is out of the way besides having the highest court in the land implying that he pulled one over the queen has anything changed for prime minister boris johnson has anything changed about rex. how almost everything has changed right now you're absolutely right we've had this priem court of the united kingdom and one of the most powerful judgments i think i've ever read in my life 11 supreme court justices this means a full court said every single quote but every single judge agreed in this judgment which said there are limits to your power what you did smile what the prime minister did and giving advice to the queens of provo parliament 5 weeks of the 8 weeks up and so they expect a date of brant said on the 31st of oct
lecture of u.k. of all specialist dr grossman it's good to have you back on the show you have been a busy woman today and you're like many of us you've called this decision unprecedented team times today and before before let's talk about that let's get the essential the news essential is out of the way besides having the highest court in the land implying that he pulled one over the queen has anything changed for prime minister boris johnson has anything changed about rex. how almost...
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is being committed today the u.k. supreme court said that prime minister boris johnson's advice to queen elizabeth last month to suspend parliament had been unlawful an attempt to prevent lawmakers from doing their job now the judges stopped short of accusing the prime minister of abusing his power last of today we ask will boris johnson be able to remain in power i bring in berlin this is the day. the decision to the majesty. of the effects of the fundamental. most extreme this case is much much bigger than frank said it is about a prime minister abusing his power and actually giving the queen advice i mean it's a defeat for the government for his johnson i must say i strongly disagree with this judge we in the u.k. will look to be deterred from and delivering only will people come out of the view ok but with that. also coming up terrorists recruiting refugees or reports tonight on how militant groups are looking to boost their numbers by targeting the refugee camps in bangladesh. some people came to our village and
is being committed today the u.k. supreme court said that prime minister boris johnson's advice to queen elizabeth last month to suspend parliament had been unlawful an attempt to prevent lawmakers from doing their job now the judges stopped short of accusing the prime minister of abusing his power last of today we ask will boris johnson be able to remain in power i bring in berlin this is the day. the decision to the majesty. of the effects of the fundamental. most extreme this case is much...
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struggling and the u.k. government didn't want to say for comment thomas cook and set the precedent for other companies but on the other hand thomas cook struggled also because of bricks and because of that uncertainty a lot of travelers in the u.k. decided to cancel plans to travel abroad and that is why they had less bookings so that has certainly been one of the issues shown a bounce on the going to apps of thomas koch thank you very much. let me now bring you up to date but some other stories making news around the world a school classroom is collapse in the kenyan capital nairobi killing at least 7 children dozens more have been injured the elementary school is located in a poor neighborhood of nairobi the collapse is being blamed on shoddy construction . spanish police of candour grades and arrested 9 people suspected of plotting violent attacks they say the raid started an organization that supports independence police say they found material that could be used to make explosives it comes ahead of a v
struggling and the u.k. government didn't want to say for comment thomas cook and set the precedent for other companies but on the other hand thomas cook struggled also because of bricks and because of that uncertainty a lot of travelers in the u.k. decided to cancel plans to travel abroad and that is why they had less bookings so that has certainly been one of the issues shown a bounce on the going to apps of thomas koch thank you very much. let me now bring you up to date but some other...
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Sep 3, 2019
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the u.k.arliament has taken the first key steps of blocking a no deal brexit, something boris johnson has really wanted to do, go through with brexit october 31 no matter what. let's listen. >> part is on the brink of wrecking any deal we might be able to -- -- hand control of the negotiations to the eu. that would mean more delay and more confusion. they eu themselves would be able to decide how long to keep this country and the eu. if i refused to go along with that plan, we are going to have to make a choice. -- i't want an election want an election, the people want an election. the public will have to choose who goes to brussels on october gentlemen is theountry fo prime minister, he will go to brussels and beg for an extension -- [shouting] johnson: he will accept whatever brussels demands and we will have years more arguments over brexit. if i go to brussels, i will go for a deal and i believe i will get the deal. even if we don't leave on october 31, the people of this country will have
the u.k.arliament has taken the first key steps of blocking a no deal brexit, something boris johnson has really wanted to do, go through with brexit october 31 no matter what. let's listen. >> part is on the brink of wrecking any deal we might be able to -- -- hand control of the negotiations to the eu. that would mean more delay and more confusion. they eu themselves would be able to decide how long to keep this country and the eu. if i refused to go along with that plan, we are going...
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all the major drivers of the u.k. economy are in serious trouble which is just something international is happening construction nor the biggest new engine of the economy. last orders in since the banking crisis of 2008 consumer spending has to be we depend on consumer spending retail sales down over the year and not just fall in high street shops the shift towards internet spending that stalled house prices have stalled and we are in we're in we're we're in trouble but we used to talk about a jobless recovery when recovery had started their color or the jobs market wasn't moving now we seem to be in a job fool recession where the economy looks like it's coming on the brink of recession but the jobs market still stays strong actually we're kind of at the top of the hill and going down the other side the latest figures from the n.-s. which is the the agency here in the u.k. that does or or the independent stats unemployment as the last quarter started to rise a lot but unemployment start to go up and but if you delve d
all the major drivers of the u.k. economy are in serious trouble which is just something international is happening construction nor the biggest new engine of the economy. last orders in since the banking crisis of 2008 consumer spending has to be we depend on consumer spending retail sales down over the year and not just fall in high street shops the shift towards internet spending that stalled house prices have stalled and we are in we're in we're we're in trouble but we used to talk about a...
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obvious is a huge deal in the u.k. has been for the us 3 years but right in the world how big this breaks it seem and terms of its economic effects well i have done quite a lot of travel with my job and right across europe many capitals and actually it is a big deal you can't go in a taxi in europe without the taxi driver realising that you're from the u.k. and talking bracks it is a big deal now does that mean it matters yes but not economically to most countries in the way it does to us what it does do is create massive uncertainty in the world economy and in the world politics europe suddenly doesn't know what it is anymore but from a european by which i've been european commission major states in europe the uncertainty of sacrificing the integrity of the single market must have appeared glitter to them otherwise they were the offered less is more to enable her to get a deal over the line in the house of commons but the single market matters to the european union it's one of its red lines backstops whatever you wish
obvious is a huge deal in the u.k. has been for the us 3 years but right in the world how big this breaks it seem and terms of its economic effects well i have done quite a lot of travel with my job and right across europe many capitals and actually it is a big deal you can't go in a taxi in europe without the taxi driver realising that you're from the u.k. and talking bracks it is a big deal now does that mean it matters yes but not economically to most countries in the way it does to us what...
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struggling and the u.k. government didn't want to say for comment thomas cook and set the precedent for other companies but on the other hand thomas cook struggled also because of bricks and because of that uncertainty a lot of travelers in the u.k. decided to cancel plans to travel abroad and that is why they had less bookings so that has certainly been one of the issues shown at banks on the going to observe thomas koch thank you very much. in malta interior ministers from countries including germany france and italy meeting today to decide where to resettle refugees rescued from the mediterranean italy and more to have been preventing n.g.o.s rescue ships from entering their ports loiter itself a scene a shop increase in migrants over the sama former refugees among those trying to help them our correspondent. sent us this report there are some on a train 6 times a week in the hot maltese sun. here's a sprinter and his goal is to compete in the olympics. when he's not training volunteers with spark 15 a no
struggling and the u.k. government didn't want to say for comment thomas cook and set the precedent for other companies but on the other hand thomas cook struggled also because of bricks and because of that uncertainty a lot of travelers in the u.k. decided to cancel plans to travel abroad and that is why they had less bookings so that has certainly been one of the issues shown at banks on the going to observe thomas koch thank you very much. in malta interior ministers from countries including...
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struggling and the u.k. government didn't want to say for comment thomas cook and set the precedent for other companies but on the other hand thomas cook struggled also because of bricks and because of that uncertainty a lot of travelers in the u.k. decided to cancel plans to travel abroad and that is why they had less bookings so that has certainly been one of the issues shown at bounce on the collapse of thomas coke thank you very much. let me now being young to date with some of the stories making news around the bond a school classroom has collapsed in the kenyan capital nairobi killing at least 7 children dozens more have been injured the elementary school is located in a poor neighborhood off nairobi the collapse is being blamed on shoddy construction . iran says it will release a british flagged oil tanker seized in the strait of hormuz in july iranian authorities said the state imperio was free to leave after an investigation into alleged violations iran seized the ship 2 weeks after britain detained
struggling and the u.k. government didn't want to say for comment thomas cook and set the precedent for other companies but on the other hand thomas cook struggled also because of bricks and because of that uncertainty a lot of travelers in the u.k. decided to cancel plans to travel abroad and that is why they had less bookings so that has certainly been one of the issues shown at bounce on the collapse of thomas coke thank you very much. let me now being young to date with some of the stories...
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Sep 4, 2019
09/19
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the u.k. could be in for another brexit pushback and a potential for snap elections after boris johnson was defeated in the house of commons. no doubt, mr. speaker, this means that parliament is on the brink of wrecking any deal that we might be able to get. alix: joining us is anna edwards. lay out what happens in the next 12 hours. it's even difficult to tell you what happens in the next 12 hours, such as the state of uncertainty and flux around u.k. politics, but this is how we think things will play out. we have prime minister's questions that have started in the house of commons behind me. then we have a spending review being sent out by the relatively new chancellor of the exchequer. the voteay, we see that was being built up to yesterday on whether to block no deal. it is what happens after that that is going to be of particular interest. if the government loses that vote on blocking the deal, will vote ontinue to bring a whether to hold a general election? they've already been told by
the u.k. could be in for another brexit pushback and a potential for snap elections after boris johnson was defeated in the house of commons. no doubt, mr. speaker, this means that parliament is on the brink of wrecking any deal that we might be able to get. alix: joining us is anna edwards. lay out what happens in the next 12 hours. it's even difficult to tell you what happens in the next 12 hours, such as the state of uncertainty and flux around u.k. politics, but this is how we think things...
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Sep 26, 2019
09/19
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u.k. hits its second brexit deadline. some say fresh food items are most at risk. >> there is no change in consumer behavior. >> do you worry about stockpiling? aboutdon't worry stockpiling and we see no evidence of stockpiling in u.k. at the moment. if there were to be no deal brexit, the issues all around fresh food. government, customs activity. i think the government has very good information as to the input on industry but their question is what is the actual details. what will happen at the border is the most important thing. in marchsome money that we didn't need. we will spend more money in october building food that has a long life. clearly that is not fresh fruit. we cannot stockpile fresh food. >> some of your competitors saying salad and fruit. of -- that time of year, the u.k. imports most of its lettuce and tomatoes from spain. should they stockpile anything? >> the best thing would be to just carry on exactly is normal. that come uphings for christmas are produced in the u.k
u.k. hits its second brexit deadline. some say fresh food items are most at risk. >> there is no change in consumer behavior. >> do you worry about stockpiling? aboutdon't worry stockpiling and we see no evidence of stockpiling in u.k. at the moment. if there were to be no deal brexit, the issues all around fresh food. government, customs activity. i think the government has very good information as to the input on industry but their question is what is the actual details. what will...
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been many forecast on the economic consequences of waiting degrees or breaks it some of them from the u.k. treasury or bank of england all of them negative however there has been much less discussion on why the background of the international call me feeds into the politics of brics that this week we begin a 3 part of c.d.'s on how and why these fiscal storm clouds are gathering we ask international economist their take on the financial environment and we asked political economist in the u.k. that background worship the brics to beat most importantly we ask the question what is to be done we start this week with alex in discussion with the international economists who can justifiably see that t. forecast the full extent of the great recession of just over 10 years ago for 3 years between 2006 and 2009 professor david blanchflower of dartmouth college new hampshire was a lone voice on the monetary policy committee of the bank of england voting for radical action on interest rates to combat the c.d.'s that term his latest book not working consolidates his reputation as one of the world's le
been many forecast on the economic consequences of waiting degrees or breaks it some of them from the u.k. treasury or bank of england all of them negative however there has been much less discussion on why the background of the international call me feeds into the politics of brics that this week we begin a 3 part of c.d.'s on how and why these fiscal storm clouds are gathering we ask international economist their take on the financial environment and we asked political economist in the u.k....
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summit where the u.k. is scheduled to talk all things again with the european union parliament that is afraid. myatt now say that it is october 15th but then actually when parliament is in recess push that date back to november 1st election date and that would mean that the u.k. has already left the european union as mark said. europeans are convinced that he's serious about a no deal but opposition parties him parliament also very. also believing that he's very serious about this and that is something that they have very worried about that he would push that election date back in any case a general election of course would be a referendum on it once again and that is a question that has really divided the british public over the last year and that's it looks increasingly likely that the u.k. may ask for not the extension of the deadline if that happens will the. deadline. it looks like that this is really in the cards for 2 reasons even if you have a general election election you don't know who's going to
summit where the u.k. is scheduled to talk all things again with the european union parliament that is afraid. myatt now say that it is october 15th but then actually when parliament is in recess push that date back to november 1st election date and that would mean that the u.k. has already left the european union as mark said. europeans are convinced that he's serious about a no deal but opposition parties him parliament also very. also believing that he's very serious about this and that is...
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Sep 9, 2019
09/19
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u.k.or the month of may to july. looking unchanged and that is something that -- i think it is a revision. we need to have a look at what exactly that means. 0.1% increase.s does one have to do with some of the bank holidays? pound is moving on the back 122.95.little bit, let's get to bloomberg first word news. viviana: today u.k. prime minister orson johnson goes to dublin irish counterparts. he moves ahead with his hard-line brexit strategy. he risk being taken to court and threat of more resignations. amber rudd put the cabinet with a ferocious attack on the government. she says it is no longer serious about a deal with ua -- with eu. -- despite an apparent agreement unless months g7 summit, a senior trumpet official confirmed the probe examined its effect on u.s. companies including facebook and amazon. french wine is among goods which could be hit by retaliatory american tariffs. landfall near tokyo. about 900,000 homes lost power. theside is the season for 15th typhoon. global news,
u.k.or the month of may to july. looking unchanged and that is something that -- i think it is a revision. we need to have a look at what exactly that means. 0.1% increase.s does one have to do with some of the bank holidays? pound is moving on the back 122.95.little bit, let's get to bloomberg first word news. viviana: today u.k. prime minister orson johnson goes to dublin irish counterparts. he moves ahead with his hard-line brexit strategy. he risk being taken to court and threat of more...
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Sep 9, 2019
09/19
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the u.k. prime minister barak johnson hauled seargent talks with irish counterparts on this contentious plan to live leave the u. . i'm sam is a band this is a live from doha also coming up taleban warns the u.s. stands to lose most after the u.s. president calls off talks aimed at ending the conflict in afghanistan. a setback for russia's president his party loses a 3rd of seats in moscow's regional parliament. and devastation like a nuclear bombing a day agencies describe the dire state of the bahamas after how it can dorian. now the u.k.'s prime minister johnson is in dublin meeting with his irish counterparts ahead of what set to be a day of major bragg's it drama at the top of the agenda will be how any irish border and customs system would operate after the u.k. pulls out of the e.u. johnson then flies back to london where he's expected to call again for an early election because we must get breaks it down because the u.k. must come out on october 31st by october 31st or else i fear that
the u.k. prime minister barak johnson hauled seargent talks with irish counterparts on this contentious plan to live leave the u. . i'm sam is a band this is a live from doha also coming up taleban warns the u.s. stands to lose most after the u.s. president calls off talks aimed at ending the conflict in afghanistan. a setback for russia's president his party loses a 3rd of seats in moscow's regional parliament. and devastation like a nuclear bombing a day agencies describe the dire state of...
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Sep 24, 2019
09/19
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the u.k. france and germany have joined the u.s. and blaming iran for the drone attack on saudi oil facilities earlier this month european leaders met on the sidelines of the un general assembly in new york french president emanuel also spoke with iran's house and rouhani who insists his country had nothing to do with the oil strikes. separately u.k. prime minister boris johnson has been putting out mixed signals about the iran nuclear deal as our diplomatic editor james base. is the u.k. about to bricks it from the iran nuclear deal there is great confusion after comments made in interviews by prime minister boris johnson in which he said it was a bad deal that needs renegotiating and that president trump was the man to do so as president from right is in there was a bad deal it wasn't a great deal iran was was and is behaving disruptively in the region and i think this one guy who can do a better deal trump was quick to seize on what appeared to be a change in u.k. policy oh i respect boris
the u.k. france and germany have joined the u.s. and blaming iran for the drone attack on saudi oil facilities earlier this month european leaders met on the sidelines of the un general assembly in new york french president emanuel also spoke with iran's house and rouhani who insists his country had nothing to do with the oil strikes. separately u.k. prime minister boris johnson has been putting out mixed signals about the iran nuclear deal as our diplomatic editor james base. is the u.k. about...
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Sep 11, 2019
09/19
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and u.k.kid ourselves, this will be a long and complicated deal for many reasons. a lot of issues more troublesome in our u.s. and eu deal will -- will come back and be very difficult on agriculture. watchedple on the show that phil hogan has been named the new eu trade commissioner. i dealt with him, i think he is good but he is very tough and he represents agricultural interests. he will not given easily. these are difficult deals to get done. francine: thank you so much ambassador gardner, former u.s. ambassador to the eu. plenty more on this hong kong lse deal. ♪ l. ♪ at comcast, we didn't build the nation's largest gig-speed network just to make businesses run faster. we built it to help them go beyond. because beyond risk... welcome to the neighborhood, guys. there is reward. ♪ ♪ beyond work and life... who else could he be? there is the moment. beyond technology... there is human ingenuity. ♪ ♪ every day, comcast business is helping businesses go beyond the expected, to do the extraordi
and u.k.kid ourselves, this will be a long and complicated deal for many reasons. a lot of issues more troublesome in our u.s. and eu deal will -- will come back and be very difficult on agriculture. watchedple on the show that phil hogan has been named the new eu trade commissioner. i dealt with him, i think he is good but he is very tough and he represents agricultural interests. he will not given easily. these are difficult deals to get done. francine: thank you so much ambassador gardner,...
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Sep 5, 2019
09/19
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the u.k. parliament knows what it doesn't want it doesn't want to know what effects it but it does a lot less clear what it what it wants instead and what that can find a positive solution to the fact that outcome and what i'm ought to withdraw it can be insured and i think that's also a bit of frustration at the way that to the u.k. it's using the current extension of our ticket to toba 30 prost because. after the u.k. was offered this extension basically the hope of the dust was that the u.k. would use this extension wisely to come to some sort of positive. conclusion but instead it looks i think from the u.s. press spec to fly. basically this time is largely wasted on power games is it fair to say at this particular moment that. the support of the majority is a turn for mr johnson. well clearly we saw this week that labor does not want to give the nuff support to provide that 2 thirds target been tried nuff numbers for it to be hit and why is that simply because jeremy corwin now wants to e
the u.k. parliament knows what it doesn't want it doesn't want to know what effects it but it does a lot less clear what it what it wants instead and what that can find a positive solution to the fact that outcome and what i'm ought to withdraw it can be insured and i think that's also a bit of frustration at the way that to the u.k. it's using the current extension of our ticket to toba 30 prost because. after the u.k. was offered this extension basically the hope of the dust was that the u.k....
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when the u.k. finally leaves the european union the only land border between them bull beyond irish soil the so-called irish backstop is a plan to avoid checkpoints and border checks something many fear will endanger peace in northern ireland it would keep the u.k. in the customs union off to bragg's it leave campaign as an boris johnson supporters in the u.k. find that acceptable boris johnson has promised to solve the issue but in our land .
when the u.k. finally leaves the european union the only land border between them bull beyond irish soil the so-called irish backstop is a plan to avoid checkpoints and border checks something many fear will endanger peace in northern ireland it would keep the u.k. in the customs union off to bragg's it leave campaign as an boris johnson supporters in the u.k. find that acceptable boris johnson has promised to solve the issue but in our land .
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Sep 9, 2019
09/19
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BLOOMBERG
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companies in the u.k.solution to brexit in the short-term, it would be ok. the other problem is the political uncertainty. it's so difficult to read how an election might play out. the possibility that the conservative party loses an election is quite high. that would create even more uncertainty for the stock market at a time the labor and party -- the labour party is going to run on policies that would be regarded as negative for business. there's a lot of problems for the u.k. market. i don't think the ftse is somewhere we'll be focused on, but there are a lot of world-class companies, but valuations are cheap, will make it attractive. but not for us just yet. policymakers, monetary and fiscal, do if we saw a no deal brexit? although lawmakers are trying to take it off the table, he could come back. what can policymakers do? the resolution has a foundation for macro analysis. they put out a report saying macro and fiscal can only offer a quarter of the amount of support needed for an average sized reces
companies in the u.k.solution to brexit in the short-term, it would be ok. the other problem is the political uncertainty. it's so difficult to read how an election might play out. the possibility that the conservative party loses an election is quite high. that would create even more uncertainty for the stock market at a time the labor and party -- the labour party is going to run on policies that would be regarded as negative for business. there's a lot of problems for the u.k. market. i...
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Sep 6, 2019
09/19
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ALJAZ
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u.k. said they wanted to leave the e.u. but what followed has been a lot less clear british prime minister boris johnson failed to break the latest deadlock over bragg's it on wednesday m.p.'s voted down his attempts to trigger a snap election they also passed a bill blocking the possibility of a no deal exit from the e.u. johnson had said he was willing to consider that if no new withdrawal deal was agreed so where does that leave the braggs it process there's a lot to cover with our guest but 1st this report from under a semblance of london. another defeat for boris johnson already on the back foot with the rebellion and his party and the opposition taking over the parliamentary timetable the eyes of the right $327.00 knows the act 299. within minutes boris johnson was on his feet with his plan for a snap elections i don't want an election the public don't want an election the country doesn't want to lection but this house has left no other option than getting the public decide who they
u.k. said they wanted to leave the e.u. but what followed has been a lot less clear british prime minister boris johnson failed to break the latest deadlock over bragg's it on wednesday m.p.'s voted down his attempts to trigger a snap election they also passed a bill blocking the possibility of a no deal exit from the e.u. johnson had said he was willing to consider that if no new withdrawal deal was agreed so where does that leave the braggs it process there's a lot to cover with our guest but...
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Sep 24, 2019
09/19
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is the u.k. about to break seats from the iran nuclear deal there is great confusion after comments made in interviews by prime minister boris johnson in which he said it was a bad deal that needs renegotiating and that president trump was the man to do so as president from the right is it was a bad deal it wasn't a great deal iran was was and is behaving disruptively in the region and i think is one guy who can do a better deal for years trump was quick to seize on what appeared to be a change in u.k. policy oh i respect boris a lot and i am not at all surprised that he was the 1st one to come out and say that later though this statement is clarification the prime minister supports the j. c.p.o. way that's the iran nuclear deal the iranians aren't currently in compliance and we need to bring them back into compliance. it all comes at a time of growing tension the u.k. france and germany have now joined the u.s. in declaring that iran was responsible for the drone attacks on saudi arabia's oil in
is the u.k. about to break seats from the iran nuclear deal there is great confusion after comments made in interviews by prime minister boris johnson in which he said it was a bad deal that needs renegotiating and that president trump was the man to do so as president from the right is it was a bad deal it wasn't a great deal iran was was and is behaving disruptively in the region and i think is one guy who can do a better deal for years trump was quick to seize on what appeared to be a change...
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the u.k. was obliged to pay the e.u. 350000000 pounds each week his campaign claimed that was hugely exaggerated nevertheless his anti e.u. stance helped him become prime minister in late july e.u. partners of rebuffed his attempts to renegotiate now boris johnson is steering the country towards a no deal breaks it. we're leaving on the 31st of october. we will see any attempt to go back on our policies. that referendum to stop parliament from passing a law that would rule out a hardbacks it in order to fight week suspension of the house of commons but the prime minister faced a huge backlash but massive protests erupted in many british cities is boris johnson harming british democracy. let me put that question straight away to john worth whether boris johnson is harming british democracy is certainly some people said as he suspended parliament essential sending it on a forced and lengthy vacation that that amounts to a cook i think to call it a curious perhaps exaggerating it somewhat but nev
the u.k. was obliged to pay the e.u. 350000000 pounds each week his campaign claimed that was hugely exaggerated nevertheless his anti e.u. stance helped him become prime minister in late july e.u. partners of rebuffed his attempts to renegotiate now boris johnson is steering the country towards a no deal breaks it. we're leaving on the 31st of october. we will see any attempt to go back on our policies. that referendum to stop parliament from passing a law that would rule out a hardbacks it in...
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struggling and the u.k. government didn't want to say for comment thomas cook and set the precedent for other companies but on the other hand thomas cook struggled also because of bricks and because of that uncertainty a lot of travelers in the u.k. decided to cancel plans to travel abroad and that is why they had less bookings so that has certainly been one of the issues shown at bounce on the collapse of thomas koch thank you very much. the one leaders are gathering today in new york for an emergency climate summit ahead of the general assembly that begins on tuesday the u.n. is calling it a race to limit climate change a race it says the world can win but for those living on the front line in the arctic circle for example there is much greater urgency the norwegian archipelago off's wild barge is home to the world's northernmost town people there are experiencing various consequences of climate change 1st hand residences some lives have already been lost. in the cracking sound of the carving place yet it
struggling and the u.k. government didn't want to say for comment thomas cook and set the precedent for other companies but on the other hand thomas cook struggled also because of bricks and because of that uncertainty a lot of travelers in the u.k. decided to cancel plans to travel abroad and that is why they had less bookings so that has certainly been one of the issues shown at bounce on the collapse of thomas koch thank you very much. the one leaders are gathering today in new york for an...
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when the u.k. finally leaves the european union the only land border between them bull beyond irish soil the so-called irish backstop is a plan to avoid checkpoints and border checks something many fear will endanger peace in northern ireland it would keep the u.k. in the customs union off to bragg's it leave campaign isn't boris johnson supporters in the u.k. find that acceptable boris johnson has promised to solve the issue but in ireland they want specific proposals what's we cannot do and will not do and i know you understand this is a great they're placed into the legal guarantee with the promise. our businesses need long term certainty and the people beside the north and sides need to know that their livelihoods their security under sense of identity will not be put at risk as a consequence of prices boris johnson is gambling that's a new deal brags that threat will make e.u. leaders change the divorce deal and if they don't move he wants everyone to share the blame i look kathleen act no dea
when the u.k. finally leaves the european union the only land border between them bull beyond irish soil the so-called irish backstop is a plan to avoid checkpoints and border checks something many fear will endanger peace in northern ireland it would keep the u.k. in the customs union off to bragg's it leave campaign isn't boris johnson supporters in the u.k. find that acceptable boris johnson has promised to solve the issue but in ireland they want specific proposals what's we cannot do and...
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the u.k. was obliged to pay the e.u. 350000000 pounds each week his campaign claimed that was hugely exaggerated nevertheless his anti new stance helped him become prime minister in late july e.u. partners of rebuffed his attempts to renegotiate now boris johnson is steering the country towards a no deal breaks it. we're leaving on the 31st of october and. we will see any attempt to go back to. that referendum to stop parliament from passing a law that would rule out our heartbreaks it in order to fight week suspension of the house of commons but the prime minister faced a huge backlash when massive protests erupted in many british cities is boris johnson harming british democracy. let me put that question straight away to john worth whether boris johnson is harming british democracy is certainly some people said as he suspended parliament essential sending it on a forced and lengthy vacation that amounts to a coke i think to call it a curious perhaps exaggerating it somewhat but nevertheless.
the u.k. was obliged to pay the e.u. 350000000 pounds each week his campaign claimed that was hugely exaggerated nevertheless his anti new stance helped him become prime minister in late july e.u. partners of rebuffed his attempts to renegotiate now boris johnson is steering the country towards a no deal breaks it. we're leaving on the 31st of october and. we will see any attempt to go back to. that referendum to stop parliament from passing a law that would rule out our heartbreaks it in order...
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Sep 24, 2019
09/19
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the u.k. supreme court has ruled boris johnson acted unlawfully when he suspended parliament for five weeks ahead of brexit. it could have significant implications for the departure from the eu. parliament could be reassembled with johnson's authority damaged just over a month before he vowed to oversee the parts are from the european union with or without a deal. let's listen to the ruling from the supreme court in london. >> the court is bound to conclude that the decision to oguese her majesty to pror parliament was unlawful because it had the effect of frustrating or preventing the ability of parliament to carry out its constitutional functions without reasonable justification. leader ofisten to the the opposition, jeremy corbyn, reacting to the decision. >> i will be in touch immediately to demanand parliamt questioned so we can demand heminister, obeys s the law that has been passed by parliament and recognize our parliament is ple, t toy our peo hohold our government to accoun. a labor
the u.k. supreme court has ruled boris johnson acted unlawfully when he suspended parliament for five weeks ahead of brexit. it could have significant implications for the departure from the eu. parliament could be reassembled with johnson's authority damaged just over a month before he vowed to oversee the parts are from the european union with or without a deal. let's listen to the ruling from the supreme court in london. >> the court is bound to conclude that the decision to oguese her...
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european leaders issue a warning to britain's the risk of the u.k. leaving the e.u. without a deal is a very real and brussels will not pretend to negotiate. and germany is for us here dortmund draw with mighty barcelona as the champions league group stages kick off byron munich begin their quest. i'm brian thomas thanks so much for being with us the future of israel's prime minister benjamin netanyahu is hanging in the balance this morning partial results from the country's election show the race still close too close to call with a blue white party of centrist pentagons tied with netanyahu so far neither side has declared victory. speaking to his supporters in tel aviv opposition leader benny gantz stopped short of the tearing election when. but his address had the tone of a victory speech for his blue and white party. courting the initial results netanyahu did not succeed in his mission. was enough and we on the other hand proved that our idea called blue and white a project we established just over 6 months ago is a huge success and here to stay. god said that he
european leaders issue a warning to britain's the risk of the u.k. leaving the e.u. without a deal is a very real and brussels will not pretend to negotiate. and germany is for us here dortmund draw with mighty barcelona as the champions league group stages kick off byron munich begin their quest. i'm brian thomas thanks so much for being with us the future of israel's prime minister benjamin netanyahu is hanging in the balance this morning partial results from the country's election show the...
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when the u.k. finally leaves the european union the only land border between them bull beyond irish soil the so-called irish backstop is a plan to avoid checkpoints and border checks something many fear will endangered peace in northern ireland it would keep the u.k. in the customs union off to bragg's it leave campaign as an boris johnson supporters in the u.k. find that acceptable boris johnson has promised to solve the issue but in ireland they want specific proposals what's we cannot do and will not do and i know you understand this is a greets the replacement of illegal guarantee with a promise. our businesses need long term certainty and the people decide the norton sides need to know that their livelihoods their security under sense of identity will not be put at risk as a consequence of prices boris johnson is gambling that's a new deal brags that threat will make e.u. leaders change the divorce deal and if they don't move he wants everyone to share the blame so i have one message that i wa
when the u.k. finally leaves the european union the only land border between them bull beyond irish soil the so-called irish backstop is a plan to avoid checkpoints and border checks something many fear will endangered peace in northern ireland it would keep the u.k. in the customs union off to bragg's it leave campaign as an boris johnson supporters in the u.k. find that acceptable boris johnson has promised to solve the issue but in ireland they want specific proposals what's we cannot do and...
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Sep 30, 2019
09/19
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BLOOMBERG
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although the u.k.my shows significant signs of weakness, particularly on investment spending, export numbers at a record high. it's clear the pound is undervalued. the market is short. if we do get a delay or second referendum or agreement, one of those scenarios, sterling has upside from current levels. the probability of the u.k. crashing out without a deal is now quite low. to your second question, european equities, equities have outperformed the s&p over the last month. i think that continues european equities reasonably sheet. -- cheap. ecb --active by the backed up by the ecb. anna: pointing out along sustained stagnation for the u.k. economy, they say that's what gilt markets are telling them. do you see the same? bob: i think if we do get clarity on brexit, whether it is a second referendum or whether it is a soft exit in an amended withdrawal agreement, then i think pent-up activity, the delay in activity, you'll see some improvements. so, whereas i think the whole of europe will see a period
although the u.k.my shows significant signs of weakness, particularly on investment spending, export numbers at a record high. it's clear the pound is undervalued. the market is short. if we do get a delay or second referendum or agreement, one of those scenarios, sterling has upside from current levels. the probability of the u.k. crashing out without a deal is now quite low. to your second question, european equities, equities have outperformed the s&p over the last month. i think that...
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Sep 24, 2019
09/19
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ALJAZ
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position even though u.k. spokes persons came out from the u.k. government said no change of policy nothing to see here they were i think doing damage limitation because the words of the prime minister were very different talking for renegotiation talking for everything not just the nuclear fall but everything to be renegotiated which is again not the u.k. government's previous policy which was to deal with nuclear on the nuclear deal and then have fresh negotiations about the other issues and that certainly is wrong footed the other u.k. allies at a moment where iran of course is the other very big issue here and we're going to be seeing president trump speaking in in just over an hour an hour and a half will says time to the general assembly give. in his annual speech and we're also going to see the president of brazil speaking before president trump and clearly our people watching there very closely on the amazon and the environment because president ball sonora was not part of that climate summit and he's very dismissive of some of those who a
position even though u.k. spokes persons came out from the u.k. government said no change of policy nothing to see here they were i think doing damage limitation because the words of the prime minister were very different talking for renegotiation talking for everything not just the nuclear fall but everything to be renegotiated which is again not the u.k. government's previous policy which was to deal with nuclear on the nuclear deal and then have fresh negotiations about the other issues and...
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their rally in the u.k. in honor of cheeriness sanchez singh celebrities take to the stage to voice their support for the whistleblower among them pink floyd front man roger waters it was formed this song wish you were here is an outspoken supporter of the wiki leaks band. now. you. see. what's it been ousted from that fight which separates out despite an almost total need to silence on stage but until its own people have jobs they talk about what's told them hey i want that i think will come out. it's a real issue in the tech and democratic right which is so profoundly important that this song ensues someone whose only crime is to tell the truth when we come to defend putin assume she is being tortured for telling the truth about saudi government crimes and meanwhile the criminals who got us into these i mean the rule was still. in power we heard that he was absolutely staving that terrible conditioning belmokhtar. we see is unbelievable also joining forces is i want what he taught us i'm still make cuts of
their rally in the u.k. in honor of cheeriness sanchez singh celebrities take to the stage to voice their support for the whistleblower among them pink floyd front man roger waters it was formed this song wish you were here is an outspoken supporter of the wiki leaks band. now. you. see. what's it been ousted from that fight which separates out despite an almost total need to silence on stage but until its own people have jobs they talk about what's told them hey i want that i think will come...
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Sep 24, 2019
09/19
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ALJAZ
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a u.k. government spokesman insists prime minister boris johnson supports the or wrong nuclear deal after he suggested it was time for a new agreement on monday johnson said it was time to move forward and negotiate a new record but a spokesman says johnson still supports the packs and that iran needs to comply with the deal. the 2015 agreement has been rattling since the u.s. withdrew and imposed sanctions at least 40 civilians attending a wedding party in afghanistan have been killed in a raid box by u.s. airstrikes the attack by afghan forces happens in the midst of color region in helmand province the governor of helmand says special forces killed 14 taliban fighters and 6 fornace at the rate at least 7 children have been killed in kenya's capital nairobi when their classroom collapsed as they started their morning lessons 64 other students are in hospital 2 of them in a critical condition school has been ordered closed for 4 days for safety checks. and those are the latest headlines her
a u.k. government spokesman insists prime minister boris johnson supports the or wrong nuclear deal after he suggested it was time for a new agreement on monday johnson said it was time to move forward and negotiate a new record but a spokesman says johnson still supports the packs and that iran needs to comply with the deal. the 2015 agreement has been rattling since the u.s. withdrew and imposed sanctions at least 40 civilians attending a wedding party in afghanistan have been killed in a...
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to the smaller leaders of the u.k. france and germany joint statement condemning iran for attacks on the saudi oil facilities and called for to iran to open up a dialogue on the sidelines of the un general assembly that's due to start later today. the u.k. organization tasked with this information no less names old turning to. go. look at who's behind. good morning just. 24th of september. to the program your 30 minute world news update starting with this the. environmental activist group grabbing those global headlines this time at the u.n. emergency climate summit without address she spoke to the world leaders accusing them ever since strongly of ignoring the problem. you have stolen my dreams my childhood with your empty words and yet i'm one of the jocks once. people are suffering people are dying entire school systems are collapsing we are in the beginning of a mass extinction and all you can talk about is money and fairy tales of eternal economic growth how dare you 6. well grocer also gave donald trump or really
to the smaller leaders of the u.k. france and germany joint statement condemning iran for attacks on the saudi oil facilities and called for to iran to open up a dialogue on the sidelines of the un general assembly that's due to start later today. the u.k. organization tasked with this information no less names old turning to. go. look at who's behind. good morning just. 24th of september. to the program your 30 minute world news update starting with this the. environmental activist group...
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Sep 23, 2019
09/19
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BLOOMBERG
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now, the u.k. government is chattering flights from all over the world to bring these people back to the u.k.. david: certainly an awful story for those people. on the other hand, somebody always benefits. what about competitors of thomas cook and i also read about, investors in cds swaps also making money from this deal. joe: as you mentioned, we did see rival share prices rising this morning. one of the companies is called "on the beach" their biggest listed competitor, they rose around 10% at one point. and also. rival,ritish-german their shares rose today. there. is a sense that while they may take an initial hit on the contracts these companies have together, they will be a reduction in competition and those companies can benefit. there are also the hedge funds who had credit default swaps like you mentioned, they could benefit. one of our bloomberg reports say that they could benefiting to the tune of $250 million from and essentially what is insurance on these collapsed swaps paying out now.
now, the u.k. government is chattering flights from all over the world to bring these people back to the u.k.. david: certainly an awful story for those people. on the other hand, somebody always benefits. what about competitors of thomas cook and i also read about, investors in cds swaps also making money from this deal. joe: as you mentioned, we did see rival share prices rising this morning. one of the companies is called "on the beach" their biggest listed competitor, they rose...
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the u.k. is attributing responsibility with a very high degree of probability to iran for the aramco attacks we think it's very likely indeed that iran was indeed responsible clearly if we are asked either by the saudis or by the americans to have a role then we will consider in what way we could be useful the british prime minister barak johnson seemingly getting on board with the accusations made by the u.s. and also by the saudis the iranians if they weren't responsible for that attack particularly the saudis saying that the components that they found were rainy and made in terms of who took part in that attack on the saudi oil facilities and boris johnson there say that it was very likely to have been iran pointing to what he said were cruise missiles and drones and other technology that could have possibly been used in the attack now he said that the u.k. wants to deescalate the situation but would also be willing to commit u.k. military resources and personnel to a possible u.s. led acti
the u.k. is attributing responsibility with a very high degree of probability to iran for the aramco attacks we think it's very likely indeed that iran was indeed responsible clearly if we are asked either by the saudis or by the americans to have a role then we will consider in what way we could be useful the british prime minister barak johnson seemingly getting on board with the accusations made by the u.s. and also by the saudis the iranians if they weren't responsible for that attack...
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Sep 2, 2019
09/19
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BLOOMBERG
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left did, if the u.k. during an election, would that be something, whose policy would that be if there was no government at the time? there are a lot of questions to answer. guy: how is the labour party responding? about jeremyorry corbyn and what he could do to the economy. their perspective? >> he has been up in manchester. show they are not just part of the westminster bubble. talking broadly about all of their economic plans and how to ultimate thing would be a note deal brexit. the socialist government would confuse. two almost of populist leaders against each other. guy: thank you very much indeed, updating us on the latest on breakfast -- brexit. the pound is dropping to its lowest in two weeks. they are bracing for the fight this week. the political headlines are coming on top of some weak manufacturing data early on. that drove sterling down. be at itsector should fastest pace since 2012. here with his take is the head of the bank of commerce. are you ready for this week? >> i'm bracing myself, th
left did, if the u.k. during an election, would that be something, whose policy would that be if there was no government at the time? there are a lot of questions to answer. guy: how is the labour party responding? about jeremyorry corbyn and what he could do to the economy. their perspective? >> he has been up in manchester. show they are not just part of the westminster bubble. talking broadly about all of their economic plans and how to ultimate thing would be a note deal brexit. the...
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Sep 3, 2019
09/19
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CNBC
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all eyes on westminster here in the u.k. let's take a look at sterling and how the currency reacted to developments over the last 24 hours. sterling has tumbled below 120 against the dollar to an almost three year low this comes on the back of mps coming together today to make a high stakes decision the pressure on the pound is supporting the export heavy ftse 100. it's now trading about 0.12% lower but in terms of the detail, what's going on today, this comes as speculation grows about an early election in the u.k. a government official told british media that prime minister boris johnson will call a snap poll for the 14th of october should conservative rebels join forces with opposition parties to stop a no deal brexit. >> the legislation forces the prime minister to request a brexit delay until the 31st of january 2020 unless a new deal with the eu or no deal by the 19th of october. however, in a statement outside downing street, boris johnson said he would never ask the eu for more time. >> i want everybody to know there
all eyes on westminster here in the u.k. let's take a look at sterling and how the currency reacted to developments over the last 24 hours. sterling has tumbled below 120 against the dollar to an almost three year low this comes on the back of mps coming together today to make a high stakes decision the pressure on the pound is supporting the export heavy ftse 100. it's now trading about 0.12% lower but in terms of the detail, what's going on today, this comes as speculation grows about an...
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view this is where because of the 77 percent this weekend on d w no a lot take effect today in the u.k. that prevents the country from crashing out of the european union next month a no 2 and no deal breaks it it's parliament's way of putting the brakes on prime minister boris johnson's breaks it plans and it's not only westminster today the irish prime minister told johnson that leaving the european union with no deal is a nonstarter johnson appeared to hear the message we don't know tonight if he was really listening i'm burnt off in berlin this is the day. i am ready to listen to any constructive ways in which we can achieve our greek goals and resolve the current impasse i think the want everybody in the whole of the e.u. including in dublin can see is that it seeks to negotiations or discussions have been going on for far too long to what we cannot do it will not do and i know you understand this is a creature of pace of legal guarantee with the promise that we need to find a way of ensuring that the u.k.'s don't get looked into in the backstop arrangements or there is a way out w
view this is where because of the 77 percent this weekend on d w no a lot take effect today in the u.k. that prevents the country from crashing out of the european union next month a no 2 and no deal breaks it it's parliament's way of putting the brakes on prime minister boris johnson's breaks it plans and it's not only westminster today the irish prime minister told johnson that leaving the european union with no deal is a nonstarter johnson appeared to hear the message we don't know tonight...