ryan chilcote joins us from brussels. like,l, what is the mood panic or calm? mixed. think it is a lot of the brussels bureaucrats share michael's wary and are concerned about the polls, and you can see that shift. at the beginning of the whole campaignferendum u.k. the eu said they were going to stay out of it but over the next -- over the past few weeks we have seen them sending a message that we would like u.k. to remain. if you ask a belgian man or woman on the street what they think about the referendum, most of them are focused on the football game tonight, belgium versus sweden. belgium has to win or at least draw to advance. francine: ryan, very quickly,

. >> for european reaction, joining us from brussels., give us a sense of who is driving the ship. is this a situation where it has been joined -- turned over to the interstates or does the eu and commission itself have a role to play? commission, which is the executive arm of the european union, has the nominal role of steering the ship that i think the heads of state have decided it is far too important to leave to the executive commissions are disappointed as germany that is driving the bus, if you will. that's why angela merkel tomorrow is hosting the french president, the italian prime minister, and the president of the european council. he represents all of the eu readers -- eu players here and brussels. beryan, president seems to moving more quickly in the negotiations. angela merkel said and she go more slowly. how much tough of a time will she have two persuade francois hollande and others they should stay with her? >> i do not know she will have a very to have time because of the and of the day the bread -- the british can go a

this could have happened in ten minutes rather than three hours. >> malcolm joining us from brussels, belgium, about to attend a conference on terrorism. thank you very much. appreciate that. >>> let's turn to jim miklaszewski reporting from the white house. i understand the president is set to deliver a statement on the shooting 45 minutes from now. what should be expected from him? >> it is difficult to say right now. the investigation is just barely underway. the fbi, local authorities and other federal authorities are trying to figure out what happened here. they know that at least 50 people have been killed, of course. but it is not clear yet in listening to some of the statements from authorities down there in florida, in orlando, whether they are sure as to the motive behind all of this. i think what we will hear from the president is something along the lines of of course how tragic this is, not only for the community, for the families and the nation. i expect that he will reengage congress, at least, if not the american people, of his desire to epiact meaningful arms control,

ryan chilcote joining us from brussels. t us picked up the conversation with peter scha ffrik, very good morning to you. to had a few days now consider the broader implications of what we saw on thursday and into friday morning. how do you see this playing out at the broad european context? is this an existential threat to the eu and the eurozone? peter: the first thing i was in before we go into politics, what we said before, in the case of the leave boat and has to be hedged on the economy. we not only mean the u.k. economy, we mean the european economy as a whole. and that is pretty much what we think is going to play out. and that will have implications on the bank of england rates, implications on what might or ecb, not happen with the and what happens with market spirit and that is the first thing to say. how it plays out on the political side, that really remains to be seen. all this depends -- these things take time. and your collect the senate. you know, if i may roll out one of the old sayings, big events are typic

ryan chilcote joins us from brussels. want to ask about an exchange between nigel farage and to be president of the european commission. i understand that things got heated? absolutely. the rhetoric is definitely heating up. you can tell that from this exchange. john called you a good is the president of the executive arm of the eu. it is his job as that president to carry out the collective will of the eu countries. then you have nigel farage, the leader of the eu independence party. he is not in the parliament in london or in his parliament members. he was a fierce campaigner for the u.k. to leave the european union. >> that is the last time i'm applauding him. i'm very surprised that you are here. you are fighting for the exit. the british people voted in favor of the exit. you can hear the president of the european commission's bar is going down well with members of the european parliament. most of them support the european project. the point is legitimate. what is the role of britain. mep's of the british delegation

. >> julia chatterley, thank you very much for joining us from brussels from eu headquarters. iate it. i want to go back to dean baker who's still with us by phone. dean, to this notion of some kind of revenge being exacted by the eu in the exit negotiations, the eu could easily find itself if other countries get any kind of encouragement from this about exit or if voters in other countries start to make some demands of their elected officials about exiting or having referendum on exiting, they may find themselves not in as strong a position as they might want to be in these negotiations with the uk. >> that's right. and again, my hope would be is that the leadership in the eu would go okay, this is a serious issue, why is it that first off obviously the people in the uk just voted to leave but you do have this fear that many other countries see it that way. you know, if we had a referendum in new jersey, new york, alabama, pick your state, none of them are going to vote to leave. none of them would even be close. everyone understands the benefits they get from being part of th

us from berlin. let's move to the broader picture. if there were to be a brexit, how would it be implemented? ryan chilcote joins us from brussels.l, what is the mood panic or calm? mixed. think it is a lot of the brussels bureaucrats share michael's wary and are concerned about the polls, and you can see that shift. at the beginning of the whole campaignferendum u.k. the eu said they were going to stay out of it but over the next -- over the past few weeks we have seen them sending a message that we would like u.k. to remain. if you ask a belgian man or woman on the street what they think about the referendum, most of them are focused on the football game tonight, belgium versus sweden. belgium has to win or at least draw to advance. francine: ryan, very quickly, what is the plan in place? do leaders have a plan b they are just not sharing? ryan: they have a plan here but more importantly, it is the constituent countries, germany and france namely. we know they are going to have some kind of show of unity but we know that it might also be confined to that. the french, their preferred reaction would be to deepen ties amongst the

he joins us live from brussels. what do you make of the news that michael gove will be running and doesn't back boris johnson as previously anticipated. >> reporter: i'm just an ordinary party member. i only get a vote in the final duoand wait and see who they are. whoever it is has the to be someone who will implement the verdict of the people last week. >> i would like to see leading britain through what is most likely going to be a rocky couple of years. >> it needn't be a couple of rocky years. we have a terrific opportunity to become a free trading, global, derated economy. linked to every continent and pursuing the natural advantages of trade and languages and migration that link us much wider than the declining euro zone. i want to see someone with a vision of a global britain taking advantage of the freedoms we will have outside of the european union. >> why would britain necessarily get beneficial trade deals given that it's not in the interest of the eu to do so? it's in the interest of the eu to set an ex

brussels. let's head over there now. ryan chilcote joins us now from brussels. a man who used to oversee financial services. talk to me about what this means for potential negotiations. ryan: what it tells you is that period, thesitionperio uk's role in the eu in guiding policy will be in limbo at best. is that of a lame-duck at worst. jonathan hill was not just the commissioner. what does it mean in terms of sensitivity? it was the guy in charge of financial affairs and was pushed out because the eu said i cannot work with you. ryan: that's right. there were members of the european parliament that never liked jonathan hill. someone described it as having a fox guard the hen house to have him in charge of the eu finances. one of the most sensitive issues will be looking to negotiate, what is the role of the u.k. financial services going to be? will they have passport in privileges or are they going to lose out in some ways to frankfurt, to paris as alternative financial centers? a very sensitive post. jonathan hill has passed that on president -- to the vice pres

adam shapiro joins us from brussels with the very latest. hi, adam. reporter: hey, david. fitch hasn't lowered theirs yet. they are maintaining it. they will continue to watch the situation. but the s&p downgrade comes with uncertainty with the uk deciding to leave the eu. that is not only thing getting attention here in brussels. i should point out, i'm in old brussels. this is the historic medieval town square, tourist people in the states will remember this from their visits here. overin the eu they're paying attention to what vladmir putin had to say today. of course he is in russia but he commented about the "brexit" and he said, looking forward, let's see how well english democracy plays out. whether it survives this situation. so, that is really one of the headlines that people in brussels are watching. the other is, as you pointed out, the s&p downgrade. it's a thursday night in brussels. people getting ready for the weekend. you can hear the drum circle behind me. eps seems they should be eating granola bars here. for the record, beer is very good here, david. dav

. >> ryan chilcote, thank you for joining us from brussels.we are going to move now to london because germany korman has lost a confidence vote. againstakers voted corbyn while 40 voted in his waiver. let's go to mark barton. can he survive as the leader? budging says he is not and according to the rules, he doesn't have to. advisory vote. it is not binding. most of his party in parliament has voted against him and they have no confidence in him, not they might have two hold another election. if you remember the last time, he won the vote by 60%, by a landslide. caused by the way he carried himself during the referendum and many things he did not put forward enough to remain within the eu. what followed was a whole host, dozens of his front-line team resigned. as a result, it seems the parliamentary party has absolutely no faith in him. that if there is an election, the labour party will be completely wiped out. i know you are a market sky, so give me your take on why we are seeing strength in the markets? and i go chamber as far as figuring o

brussels. let's head over there now. jonathan hill said that he will resign today, cameron's man on the commission. ryan chilcote joins us now froms. here is a man who used to oversee financial services. talk to me about what this means for potential negotiations. ryan: what it tells you is that in this transition period, the uk's role in the eu in guiding policy is going to be in limbo at best and that of a lame-duck at worst. francine: jonathan hill was not just the commissioner. what does it mean in terms of sensitivity? if he was the guy in charge of financial affairs and was pushed out because the eu said i cannot really work with you. ryan: that's right. there were members of the european parliament that never liked jonathan hill. some of them described having someone from britain in charge of financial services for the entire european union was like having a fox guard the hen house to have him in charge of the eu finances. one of the most sensitive issues that the u.k. will be looking to negotiate as the u.k. exit is what is the role of the u.k. financial services going to be? are they going to have those gast sporting --

us from westminster. david: mario draghi appears before members of the european parliament in one hour from now in brusselsjoins us live from the european capital. were talking with peter orszag a few minutes ago about what tools mario draghi might have to deal with a possible brexit. what tools does he have left at his disposal? has aree main tool he those standing swap lines. going back to 2012, the bank of japan and bank of england, the fed, the ecb, they all join together and set up the swap lines whereby they can lend their currencies to one another. england needs euros, the ecb can provide it. those are in place, those haven't been tapped that we know of since 2012 when this most recent arrangement was made. what we can expect is if one of ,he banks needs to use them they will. he could talk about that. there's a lot of talk about if we were to get a brexit, what we is maybe even a coordinated response from the g7 countries or maybe not coordinated but specific global banks saying we are prepared to act, we are acting with the swap lines. david: this is a political body, the european parliament, what

joining us from brussels where the meetings are being lelds our own wilfred frost., did they ask david cameron to leave after the first day? >> they did, indeed. he wasn't welcome. last night he had his final press conference after dinner and then left and the other 27 leaders, as you said, carried out the final day of the meetings which have just wrapped up in the last hour or so. and three main takeaways on the two days of this summit. the first one is that the eu leaders respected the decision the british people have made and intend to help carry out that decision. the second they are waiting on article 50 to be invoked before any form of negotiation will take place. they would like that to be sooner than later but understand it's up to the british people and unlikely to happen until a new prime minister in place. thirdly, negotiations are not going to be easy. they say they will not relax the idea that if you want to have free movement of goods and services the free trade, you also have to have free movement of people. you can't curb that immigration. so, of cou

joining us from brussels is tara p pa palmieri.t is being said and what is the mood in belgium and other continental european nations, is it england, please stay we love you? or beat it, britain? >> right now it's please stay, we love you, because they're scared of the, the shocks that it will cause the market the day after the vote. but to be honest, a lot of the countries are trying to figure out how can we get something out of this divorce. you have the city, if the financial hub of europe. but you need, if the uk is pulled out of the single market, there will need to be a new access point into europe. and that could be paris, that could be frankfurt. or some of the smaller countries are positioning themselves like the notorious tax havens like luxembourg and malta and ireland, an english-speaking hub, dublin could possibly also take that role. so they're all sort of jockeying to figure out who might be able to open their arms to the financial services industry. >> why would they be so cut off, tara? the uk doesn't use the euro

my colleague, richard quest, joins us now from brussels with nigel farage, the leader of the uk independencearty. richard? >> if david cameron is to some extent the official player on behalf of the united kingdom in the dinners and meetings, nigel farage is the unofficial leader in that sense, because he was the unofficial leader within a large part of the brexit campaign. we have already heard your speech, our part of it in parliament this morning. you were almost gratuitously rude to the parliamentarians. and you enjoyed it. >> they were abusing me. twice, the president of the parliament had to cease proceedings. what i said to them, can we be grown up about this? can we talk about trade deals? they all laughed and giggled. that's when i said, the trouble of you people is, none of you have ever had a proper job, which wasn't wrong. >> the point is, mr. farage, it hardly endears you to the very people who are going to have to give their consent to an agreement in two years time if you are rude to them. >> they called me all the names under the sun. i teased them that they are basically a bu

thank you very much for joining us there from brussels. the co-chief executive officer of the carlyle group says he doubts that brexit will actually happen, as the consequences are so dire. >> it's unlikely that britain will actually exit. when it becomes clear that the terms are so expensive, because the consequences of leaving are so significant that i think the next prime minister england will probably not invoke article 50. anna: it's one view, we've heard many. our next guest is chris darwish. great to have you on the program. that was one view expressed their that we won't invoke article 50 and we won't actually will we see the terms that will be demanded. one of our analyst wrote a great piece talking about how denial is the first stage of grief. is that what we are caught in? this matters because were trying to work out my markets generally have bounced over the last couple of days. are we all in denial about something here? i think market see an outcome that is probably best for all sides. largest export market and trading partner

brussels. we're getting comments from european leaders and wilfred frost is there. he joins us>> yes. we have the closing statements. president of the european commission, mr. donald tusk saying the eu leaders are going to be on september 16th without the uk to continue these talks. of course by then we expect the uk prime minister to be in place. he said all eu leaders agree access to the single market requires accepting freedom of movement. that's one of those areas who wants the free trade. but maybe put curves on continuation. saying that's not possible. the president of the european commission added eu leaders will accept no nuances on freedom of movement. so making that view very clear, indeed. we also heard from angela merkel of germany saying the uncertainty about britain's future the better. also saying that no one wanted treaty change which would be a bigger, more formal change of reform amongst the rest of the eu. so clearly some hard words coming from european leaders here towards whoever is going to be the next uk prime minister about how tough this negotiation is

nancy joins us from brussels. good morning. >> reporter: good morning, andrew.e in brussels the countdown is under way for david cameron's arrival in brussels due tomorrow and he'll face the 27 other eu member states for the first time since that referendum outcome. a big focus of his appearance will be the timing of the negotiations and actual process of an exit because as you know, article 50 must be invoked to actually start the legal process. a lot of questions over when that will take place. a lot of divisions among european policy makers. david cameron in his speech said it belongs to the responsibility of the next leader of the conservative party. a change that may not come until october. we've heard from angela merkel over the weekend saying there's no need to make hifty decisions here. she's on the side that's encouraging time for the process. other eu leaders including french foreign minister are not convinced and want to move as swiftly as possible to remove the great uncertainty. that will be the focus in brussels tomorrow. today, however, all eyes a

he joins us from brussels.his baseline concern that the campaign for brexit harners the anger of people by making promises that now fall short? >> first thing, good morning, chris. what it is is that people are expecting everything right now. there are always negotiations in any period. there are always periods where the negotiations, i for one, many absolutely convinced and confident that we will have a situation where britain can move forward safely, prosperously and friends with our european neighbors. >> what is the concern, though, when you hear faraj, look at all this money we'll be able to dedicate to the nhs, national health service, and then for him to say, well, i never said that. i don't know what we'll do with the money. but we'll have money to play with, a feather bed that we didn't have before. that was a pretty fundamental under fitting. now it seems he won't be able to deliver. fair criticism? >> well, first thing, he isn't in a position to deliver. the delivery will be by the conservative gover

we don't like being told what to do by people that we think are too far away from us in brussels. we want our independence back. we want our power back, if you like. there is this malaise, this unhappiness with the political class that has spread across the west, and you are seeing politicians step up. boris johnson is an example of that and say, well, okay, i'm the nonpolitician politician. i'm the guy next door. i'm the guy, as we would put it here, that you can have a pint in the pub with. those kind of politicians are the ones the public is turning to. what we're going to find out now is what happened when the public votes for those politicians' policies, do they like what they get. >> keir simmons on really what is a historic day in the united kingdom. we'll see how long it remains united. thank you so much. we do want to share with our audience we have just been getting. this is the statement from president obama on this day. he's traveling out in california holding a summit where he will be with mark zuckerberg at facebook, among others. the president writing the people of

concerted response you need from the politicians is of the you syntel weget, cap have elections in germany and in france and 2017 and beyond. anna: ryan chilcote life for us in brussels. coutts isns from still with us. we heard from janet yellen today. we heard mario draghi, as ryan was pointing out. mario draghi saying they are ready to respond to brexit turmoil. janet yellen also warning not to exaggerate the reaction you may see in the market. this ties into what i read on the bloomberg yesterday, princeton professor saying that now the job of the central banks now is to calm any fear. how do you view that thought? alan: i agree with that, but that is more likely on friday: the calling is going to come in. to exaggerate the market impact is right. in fact, our thinking, we have johnson are thinking, should there be an exit and a likely sharp fall on the 100, we are likely to be a buyer. because life does go on for the u.k. or protector. notwithstanding likely a short-term recession bear. and the market will likely over discount the pain. so you will get markets go against, should there be brexit.and i think similarly on currency , you begin the likes of j.p. morga

from brussels. ryan chilcote joins us from there. the u.k. once to go slow, brussels wants to get on with it.ot very happy with that announcement from the british prime minister that he will leave it to his successor to begin those negotiations. that will prolong the divorce proceedings until at least october. then the u.k. has two years to negotiate its exit. you can understand why the u.k. it would want to do that. it wants to negotiate the terms it will deal with the eu in the future while it negotiates its position of seems a power and strength. from the eu perspective, if it is going to be messy, it should at least be quick. guy: thank you. ryan chilcote joining us out of brussels. in theirother voice conversation. joining us now is the former greek finance minister yanis varoufakis. good morning. let's talk a little about what happens next. we did not get a grexit. we are getting a brexit. is this the beginning of the end for the eu? yanis: there is no doubt. i have been warning about this for many years. that the european union is in a state of disintegration. now we are getting to the

. >> cnn's nick robertson joins us live from brussels to talk about this and more. good morning. >> reporter: yeah. good morning. it's had its lively moments here today. you know, right at that moment where we just cut away the president of the european parliament cut in and chastised nigel. and we've even had the president of the european commission today telling him, hey, you voted to leave. why are you still here? there's no love lost between these euro-politicians, nigel farage and those who voted for the press conferenbrexit. david cameron spoke a little while ago between meetings here. he said, look, i've come to tell them britain is definitely leaving but we want to do this in a constructive way. >> well, we've leaving the european union. we mustn't been turning our backs on europe. i very much hope we'll seek the closest possible relationship in terms of trade and cooperation and security. that's good for us and for them. >> reporter: you've had a lot of the different european leaders making their comments. one prime minister here quipped on the way in. he s

todayders begin a summit following the brexit vote, ryan chilcote joins us live from brussels. as is the first opportunity for mr. cameron to confront face-to-face his counterparts. they may be awkward, but realistically, what can expect to a cobbler and these two days? ryan: what they can expect to accomplish -- what can they expect to accomplish in these two days? ryan: they can expect to accomplish the airing of their views, but not much more. friday, in this divorce situation, they may the phone call to the european union saying we intend to move out and file for divorce. they have not done either. the eu says we're going to get together on tuesday anyways, let's sit down over dinner and discuss this. that is what's going to happen in brussels. david cameron across the table from the other 27 eu leaders, who were all going to want to know what is next. answer, heve that has already said he is not going to invoke article 50 and begin the official negotiations. he is not going to do it ever, it is going to be his successor. from the other side of the table, the leader will be

brussels. bloomberg's ryan chilcote joining us from the european union capital.e will speak with the chair of the european parliament's foreign affairs committee. definitely no view you want to stick around for. scar? scarlet: julie hyman joins us with more on the impact on markets. there is anxiety that things will not come down. julie: i have not seen many predictions it is going to calm down. you have the fundamental reaction, and that on top of that, you have the technical, programmatic reaction, and that we examined. 2.6 trillion dollars was erased from the value of stocks globally friday. there is an index that measured that. the world cap index. that is the decrease at you had. according to an estimate of the market cap that was a raised in the united states in particular, there is an estimate that quantitative trading accounted for $25 billion of that. programmatic trading is anything triggered automatically. if technical levels reach a certain place in stocks, then that triggers another sell order, for example. if volatility reaches a certain level. etc.

and cnn's erin mclaughlin joins us now on the phone from brussels. rities for our own confirmation, but belgian media is reporting that an anti-terror operation under way at a shopping mall right in the heart of brussels. one suspect has been arrests. the suspect, according to belgian media, possibly carrying explosives. that arrest took place at 5:30 this morning, and we're now hearing from eyewitnesses in the area that the area around the shopping mall itself, which was sealed off, is now back open. all of this having triggered a kries meeting with the belgian prime minister at the helm, which we understand is now under way. now, just to give you a little bit of context for all of this, it follows on a series of terror raids that took place friday into saturd into saturday. dozens of homes were searched by belgian police across 16 municipalities in brussels. prosecutors at the time saying the results from an ongoing investigation necessitated what they characterized to be immediate intervention, and belgian state broadcaster rtbs was reporting that

we've seen a lot of experimentation, whether it's on us from central bankers or brussels and the creation of the eurozone from the very beginning. that creation could be adversely affected in a major structural way if the uk decides to leave. it could be a crack in the foundation that starts to get wider as other countries go. so this is a huge issue and i think it transcends the uk and i've said it many times. i think the markets are ramping up, and i think that's just defiable, and when it comes to the vix, you know, in two weeks we move from 15 basis points to minus one in the boons? there's something we ought to continue to pay attention to. vix? vix makes perfect sense. everybody needs options. options are insurance, and we need a lot of it right now. >> so let me ask it this way. let me rephrase it a little bit. you feel that the fundamentals right now justify the fears that the markets are reflecting right now, right? >> absolutely, a thousand percent, yes. >> okay. by the way, i agree with that 100%. >> you did what? >> i agree that right now buying insurance is the best policy, t

from syria, one thing that the viewers should know,. we see these things that frighten us, but there is something about geography, you can get in a car from syria to istanbul, and same car to brussels, the separation we have makes us a little bit safer. we should note let terrorism -- is not let terrorism scare us. charles: hard to say that people are not afraid. i get your point. i want to bring in zudi . we were talking on the show about somewhat irony here this is a airport named after ata turk mother -- ata turk father of modern turkey. it is not unlike in my mind, the shaw of iran overturned by the eyi the/iaeye -- ayatollah. >> at the end of the day this is about isis dividing the world into land of islam and the land of war, people say, why would isis attack turkey they have been supporting islamist movement in syria, remember, turkey is divided. biggest thing weakening isis is exports of mass movement of people out of syria, sunnies and majority of those leaving that constituent see that isis would pull them they gain any acts of terror, gains net gain for isis. it makes them have to go back and be part of this war, this cosmic war against the shia of iran, and, assad, and

refugee population put much of that continent on edge, especially after terror attacks in brussels and paris. joining us from department senior adviser for countering violent extremism and the author of "isis apocalypse." welcome to you. the foreign minister of six of the eu nations, original ones, released a joint statement "we remain of the firmest belief that the european union provides a historically unique and indispensable framework for the perfect of freedom, prosperity and security in europe and contributing to peace and stability in the world." do you think security fears are overblown or spot on? >> well, i think they're overblown a bit. most of these intel sharing agreements are between two countries and not really dependent on the european union as a whole. but that said, the fact that britain is leaving is going to mean negotiations with britain about its status afterward are going to take precedence at the time when european countries need to be negotiating the agreements to make sure nobody slips through with the ref juge again. >> what about the brookings poll. a slim majority, 51% of america

use to kill dozens and dozens of people in europe. whether it was in brussels, paris or where ever. >> it goes from guns, could go to box cutters. it's selective outrage what we're witnessing from the democrats they should not have used the situation to exploit for their fund raising purposes. the problem is radical islamic terrorism. some can't say those words and it's outrageous that americans lives are at risk. >> we've run out of time. >> no guarantee it won't happen in the future, but we can do common sense things to help try to alleviate the situation and protect more americans. >> last word from jessica, thank you. have a wonderful weekend. mean tiwhile, deadly flooding devastated the state of west virginia. this is its worst floodinging in a century. 23 people have now been confirmed dead. the very latest on this coming up. is back with the iphone. win number one: you get america's largest, most reliable, most consistently fast 4g lte network. win number two? we'll pay up to $650 when you switch and trade in your phone. and the third win? when you buy a sixteen-gigabyte iphone 6s on the best network... ...you'll get a sec

us is out of this morass. nick: johnson votes to wrestle control from out of brussels during the 23rd of june, he said, will be new beginning. control,on: take back i believe that this thursday could be our country's independence day. [cheers and applause] nick: with tension high, both sides accuse the other. the interestabout europe, they lied about the european army. they put it in their leaflets, and they lied about its use. it is not big enough. you deserve the truth. you deserve the truth! debate included contributions from leaders in both campaigns. >> the european union does not listen to us, it is not have our bestst interests at heart. know, actually say, you the european union is the segment of the economy. nick: it was a lively debate. >> thank you, thank you. that brings the debate to an end. thee: today would have been 42nd birthday of jo cox, of course the labor mp who was shot stabbed together in -- together. tributes are around the world including new york, london, and here in paris. north korea has carried out new has been thought to be medium-range ballistic missiles that could be used to str

joining us from the european capital of brussels. and good day, julia. how are you?> i'm great, thank you. i am only going to echo what wilf was saying. i have lost count of the people telling me they're shocked and traumatized by this. no one expected this vote. i have to say i feel exactly the same. we've heard from angela merkel. i think the surprise and shock goes right to the head of the leadership in europe. she also said they need to analyze the situation carefully and not make hasty decisions. we have also heard from the head of the institutions. jean-claude juncker, he stuck to the line. out is out. listen to what he had to say. >> we stand ready to launch negotiations swiftly, swiftly, with the uk regarding the terms and conditions of its withdrawal from the european union. >> so his suggestion there we need to move swiftly with negotiating the terms of the divorce. the opposite of the tone we're getting from the british government to maybe jean-claude juncker here talking more to other european countries, to populist parties in those countries possibly fli

useful to the americans to the extent we can convince or cajole our european friends. we cut ice in washington when we are seen to cut ice in brussels to. cut ourselves off fromontinent would see us cut down in size in the eyes of the u.s. very interesting point. gee politically. he explored some other reasons why he argues a pull out from the european union would weaken britain's starts in the world. the flip side too this argument. is i think britain's power in terms of geopolitical isn't so much of one of 28 members of the eu. is the fourth strongest military in the world. so there are two arguments but that particular point he makes in washington is very clear. if we're just little old britden rather than a whois who can help america change the start in europe we've become less useful. >> and will be interesting to see. >> although obama's intervention probably hurt things more than help things. >> another event i think should be on our radar is the south china sea dispute. and the wall street journal tiled chinas unsafe intercept. the article saying the p larks's provocations come as tensions are rising. while i was in beijing and china for two weeks the

from. in paris and brussels they were using smart phones one time and tossed into the garbage can and moved on to the next item. how difficult is that for law enforcement. it's damn near impossible if you ask me. now we have hundreds of thousands to track. i don't know what the answer is. but orlando is feeling the same pain so many areas in this country have felt. who is going to do something about it? i would argue we had it cornered in sadr city in 2007. but now it's syria and western iraq and very skin 7,000 isis fighters in libya today. we took the top off that boiling pot. and now we are left to catch up. that's a significant challenge. harris: a point of irony of omar mateen running for president of afghanistan. there are pictures of him in the u.s. state department as he runs for office. and you are talking about that very country, that boiling pot, afghanistan. bill hemmer, we'll see you again at 3:00 p.m. eastern. bill: we'll have a briefing in a couple minutes. harris: i want to go a couple places with this. can we hear from his dad? there are some things that have come out in th

saxtaxi driver, similarly to brussels, was someone who was used to drop them off so a link couldn't be established to their support network. they used a strap junger, a dri from the street and authorities released him. if this played out in any way like brussels played out, they will be looking for the small details. what did you see when you picked them up? who did you see when you picked them up? where did you pick them up from? all of this is helpful. the m.o., the targeting of a soft target before trying to force their way through using automatic weaponry and then detonating. even the survivor's stories bring to mind what we were hearing in brussels, the falling ceiling pain causing so much damage even to those that were far from the epicenter of the blast. one woman described slipping and sliding across those blood-soaked tiles. almost word for word, a description that i heard in the brussels attack. this is intentionally mirroring. that's what we are hearing from so many intelligence sources. this attack and brussels is intentionally echoing each other. that's why they believe that this is the work of isis actually. >> so nima, i am going to ask you ano

from middle class voters who said, you know what? we're sick of all this regulation. we're sick of brussels telling us what to do, and it's kind of like americans are sick of d.c. overlegislating their lives. >> i agree that there are some similarities, obviously. but you've covered them. but there are also some major differences. i lived in the uk for a number of years. that electorate is very different from the u.s. electorate. today its composition racially couldn't be more different. the one that voted to leave the electorate that day was 94% white. we don't have that kind of electorate in the united states, and everybody knows, whether they like it or not, a lot of votes are cast or at least could be defined by means of race or by racial category. so, you know, let's not overplay this. yes, there are similarities. you're emphasizing it in june. i'm with you. it's june, you got to have headlines. >> let's get back to the economy for a second. gosh, none of us want to see bad things happen for our economy. whether or not we hit recession, i hate to think about that. but what about the issue that is

used during the paris attacks and brussels. up, theoming expectations ahead of key rate decisions from the fed and the boj today.roup discussion coming up next. ♪ >> the stories making headlines around the world. whofbi says the gunman killed 50 people in a florida nightclub had spoken about the so-called islamic state in a 911 call before the massacre. omar mateen was killed in a shootout with police. he was a u.s. citizen born in new york to afghan parents. it is the worst mass shooting in u.s. history. obama said no effort would be spared to find out what happened in question the gun laws in america. imports in saudi -- a new report says the kingdom spent more than $9 billion in 2015, more than twice what it spent the air before. purchases also rose across much of the middle east and southeast asia. a powerful explosion in beirut destroyed several cars, wounded one person, and badly damaged a bank. the bomb was faced on a vehicle but did not say whether anyone or anything had been deliberately targeted. taiwan's new leader has blocked the predecessor from making a landmark visit to hong kong. it rejected the

from washington, d.c. for us. tom, lucy mentions airports and security. this coming months after the scene we had in brussels, belgium. what do we know from authorities who you cover all the time, people in homeland security and tsa? >> couple of points here. to begin with, there's no change to the federal security posture at u.s. airports this evening. however, some airports are in fact adding more high profile tactical police units to their patrols. that especially is happening in new york city's airports, jfk as well as newark and laguardia. you are likely to see what they call the courtland of hercules units. they look like s.w.a.t. team officers patrolling the airport perimeter and through the terminal as a sign of deterrence and also as a sign of force. miami has what essentially is a full-time tactical unit always patrolling the airport in miami. same with l.a. you will see that likely in these airports but that is not a shift in the tsa security posture. it is simply local big cities taking on that heightened state of security and alert. i would also tell you that we have counted ten inbound flights

from brussels. thank you very much for being with us. you have the meeting with scotland's first minister.that scotland could work out a deal that it gets to stay in the eu? >> at the moment, it is uk, a member of the european union, and it is the country with whom we have relations. it is important for us the always cooperate with authorities at all levels. we have done it in the past and will continue to do it in the future. >> okay. i'll take that as a maybe then. we had this extraordinary meeting today for the first time, 27 leaders meeting but no representation from the united kingdom, just personally how do you view that? from your point of view, is it a sad day? >> of course it is a sad day. it is the first time after years of the european union building its strength that we have one of our own to decide to leave us. we have to reflect on that, look at ourselves in the mirrors, what do we have to change to this never happens again? and we need to build relations with the united kingdom that are sound, that are good for all people, the people of the 27 of the nearly 450 million peopl

us. >> all right, nic robertson, reporting live from brussels this morning, thank you very much.or joining me today. i'm carol costello. "at this hour" after a break. ♪ ♪ ♪ ♪ geico motorcycle, great rates for great rides. if you then you'll know howuth, uncomfortable it can be. but did you know that the lack of saliva can also lead to tooth decay and bad breath? well, there is biotene, specially formulated with moisturizers and lubricants... biotene can provide soothing relief and it helps keep your mouth healthy too. biotene, for people who suffer from a dry mouth. once i left the hospital after a dvt blood clot. what about my wife... ...what we're building together... ...and could this happen again? i was given warfarin in the hospital, but wondered, was this the best treatment for me? i spoke to my doctor and she told me about eliquis. eliquis treats dvt and pe blood clots and reduces the risk of them happening again. not only does eliquis treat dvt and pe blood clots. but eliquis also had significantly less major bleeding than the standard treatment. knowing eliquis had both.

from brussels. >> thanks so much. live on the ground for us in brussels. talk about how this in conjunction with some of the other afterhours sets up for tomorrow's session. we had nike on the stock front, but in terms of what's going on the geo political side, the airport. >> turkey is disturbing because it gets tat heart of the terrorism issue. that's a negative. >> all right. >> it's very sad. i say you know, you don't know what's going to come of it. look at the airlines. you want to be more insulated. we didn't get a chance to touch on it. back to volatility. it's right at the 2000-day movinging average and that's held for a long time. so i think that's worth watching. nike is starting to raise back up a lilt bit. still negative, but from 6% down now about 2.5. >> yeah. >> how do you think we need to encourage more? >> you're going visit 2025 and the s&p which is probably what, ten 11 from here m i think you're going to see that thursday and it comes down to will the bulls push it back there. i think it is a critical close this thursday. in terms of t

does this just make up -- make us wake up and say, we need to hear from brussels? did not see that statistical paul. ofaw one that set about 60% people thought the distribution of power in brussels and the capital were appropriate where they wanted more central power, and 40% the other way. i think the picture is quite split and we're in the same place as america. we blame everything on brussels as they blame everything on washington. francine: the u.k. energy minister some is joining us. -- andrea leadsom is joining us. how can the tory party get back together after so much acrimony? andrea: when you are inside parliament, when you are in the members' tea room people are still friends. after the debate last night we do sort of get back together and i get congratulations from colleagues who are on the other side of the argument. i think a lot of the hype that is in the news is people having an honest, intellectual disagreement. it does not mean we all hate each other's guts. francine: i am looking at the front page of the telegraph, talking about the not see jibe.

have so many -- 2.5 million people. 10% of the people who used to live in syria now live in turkey. on top of it, what we learned from brussels is there is a lack of information sharing across europe. as britain industry cas -- extricates itself out of the european union. how do we share information and how do law enforcement agencies work with each other. the next phase of this is not just economical. it's how do we secure ties in europe in a way where they can share information and coordinate resources because isis is starting to coordinate. lou: europe right now is in the midst of a rupture that i don't think anyone anticipated would reach this level this quickly. you couldn't say that europe is destabilized. but at the same time you have to kind of wonder if you can use the word stable when you are watching the impact of the u.k. leaving. the european union. the terrorist attacks within the nation states of the 27 remaining states of the european union. how badly does turkey want to be part of that? and what are their real choices here? >> until quite recently president erdogan was talking to bring turkey away from europe

us in london. that's a big topic. that was miles gibson from cbre. send it to brussels. >> reporter: or sara, thank you very much.f course today we're seeing a little bit of reprieve in european markets. the pound is up. the very bruised brexit related assets finding some reprieve today. that allows us to focus wholeheartedly on the developments. developments we need to focus on of course in london involve what happens to the leader of the opposition, jerny corbyn the labor party is in turmoil. also who could be the next prime minister. we'll start to hear the main names over the next few days. sara will have all the angles covered. here in brussels turned to david cameron who will of course be in for an interesting reception. these leaders blame him for the result of the brexit vote more than they blame the british people. they think he took a great risk by introducing the referendum in the first place. we'll have all the developments live both from london and from brussels throughout the day for you, but for now "worldwide exchange" is done. we'll hand things over to new york. score box is coming next. . >> goo

us from hong kong. back to europe, the european commission meets at the economic forum in brussels.io draghi addresses the forum a day after the central bank started its corporate bond buying program. matt miller is in brussels with more details. good to see you there. what can we expect to hear from the commissioners, two weeks ahead of the crucial brexit vote? matt: that is definitely the first line of questioning i will have for a number of the commissioners. we are going to talk to multiple commissioners and the director today., marco buti, they have to make an argument for britain to stay in. they have to hold of the european union together. a lot of these commissioners were responsible for the enlargement in the first place. so it will be very interesting two-year what they think about the vote, the most recent polls, and what they think that the european union should be doing about this. but i am also going to be asking them a number of other questions, involving policy around europe. there is a lot going on right now that is really going to be an historic summit. anna: and g

from other member states? jens: i don't know. washington and brussels, whether discussions, everyone expects us -- we do already [indiscernible] andure growth, 3 billion euros. -- infrastructure growth, 3 billion euros. so we do need more structural reforms. stimulation to bring in [indiscernible] we need to get more private investments. with germany with rising rates and salaries and pensions, growing to e-cig demands, it is not -- domestic demands, it is not about the budget. it is a signal for the rest of europe that it can have growth and the balanced budget. so we are willing and ready to talk about structural reforms, but not about deficit spending. matt: what about structural reforms outside of germany? that is one thing mario draghi and of the commissioners are calling for. other commissioners are calling for. they are not seeing taken to task to for that. they are not be held accountable. it has been amazing structural reforms, pension reforms, they were not easy. it is something that needs to be done, but they have already done a lot. seeing the project we are at now , we will decide in july if there is punishment or any

brussels. >>> officials from around the world are trying to snap out a practice that costs billions every year. gene otani joins with us that story and all the business headlines. >> representatives from countries and territories worldwide are gathering in kyoto. they're meeting amid revelations and panama papers about the way people use offshore taxes. the two day gathering, representatives from the oecd's 34 member coununtries are attending. delegates from emerging and developing economies are also taking part. they'll have a framework to share bank accounts owned by foreign people and firms. they've also agreed to compile a blacklist of countries that don't join the framework or aren't willing to fight avoidance. specifically targeting multinational enterprises that try to avoid paying tax, taking the membership to 81. >>> checking the markets, many asians ended in the positive after the brexit. nikkei extended the winning streak to a f fourth day. our business reporter has the details from the tokyo stock exchange. >> we saw traders regain some appetite for risk, but some sold their shares to book profits. the nikk

brussels for talks on the uk's exit from the european union. he spoke in rome with the italian foreign minister. the most important thing is all of us as leaders work together to provide as much continuity and is much stability, as much certainty as possible in order to the marketplace to understand there are ways to minimize disruption and ways to smartly move ahead and order to protect the values and interests we share in common. emphasizeretary will support for the eu. he will keep the message from the white house that the special relationship between the united states and the united kingdom will not change. in scotland, they are working on a new referendum on independence. they want to talk with european leaders about continuing scotland's relationship with the eu. they voted to stay in the union with england. a new poll shows a majority favor independence. there is an update on the status of those injured in the orlando florida nightclub attack. eight remained hospitalized, three in critical condition. 49 club goers died. the shooter was killed by police. fema officials are in west virginia to begin assessing the damage from de