i'm willem marks and these are your headlines this monday morning.he critics get closer the british newspaper suggests even more conservatives mps have submitted letters of no confidence in prime minister theresa may as she begins a crucial day of brexit. >> these next seven days are going to be critical they are about the future of this country it's about people's jobs, it's about their livelihoods. >> the a pac future summit fails to deliver a declaration members are split over trade. >> we have great respect for president xi and great respect for china, but in the president's words, china's taken advantage of the united states for many, many years and those days are over. >> and the right call. shares in telecom italia rally on the news that there will be a new ceo. >>> just to bring you some market developments over the last half an hour or so, shares in renault have hit the newest low after they say carlos ghosn will be arrested there's been a potential violation of the financial exchange act we await comment on the report let's check in on the

ed to make a movie where you, willem dafoe, were willem -- vincent van gogh. >> yes. i think the way the movie is shot and the way we approached d it we wao find out what -- we tried to imagine what it would be like to be with his thoughts and be with him doing the things that he did. so we shot in the actual places helper -- he were. i was paintiap. thoach was not so much an interpretation as a desire to inhabit or imagine, have the audience be with him. it's a very subjective camera, and you're with him all the time. ? and that is absolutely clear throughout. as a viewer i really did feel that. tell me because it is remarkable how you were taught to paint by your painter director. >> he starts me out as you would think with very basic things, how to hold a brush, how tthkeep gs in order, all those sorts of things, technique, craft things. but i think more significantly he really shifted how see. he talked to me a lot about making marks and the accumulation marks and marks talking to each other to create a swirl that really expressed what you see. a o taught me that

let's get to willem marx live in london with the latest dominic raab stepping down means what for prime minister theresa may? >> it means she's under a great deal more pressure in the last few moments another of her cabinet members has also just submitted her resignation after saying the deal you put before the cabinet yesterday does not honor the result of the referendum it doesn't meet the test you set out from the outside of your premiership. so you get a sense from that language how many challenges lie ahead for theresa may, both within her own party but also within the parliament behind me. in terms of her own party, if you have members of her cabinet, of her government resigning their position, that allows them to vote against her proposals. if you're a member of the government you're not allowed to vote against a proposal put p e forward by by tthe government these people resigning today, it means they now can vote in the parliament against theresa may's proposal once that comes up for vote, likely as soon as early december we've seen the pound plummeting on the back of some of t

let's get to willem marx in london with the latest willem, we got stuff going on here what is happeningith the latest developments? >> all right so on wednesday we had a bruising five-hour cabinet meeting, yesterday the prime minister took three hours of critical questions from the house of commons from mps on all sides of the aisle this morning she's been taking listener questions on a british radio station. a lot of people concerned about this proposal. what she really has to worry about today is whether enough members of her own party submit letters of no confidence to a committee inside her own conservative party that could trigger a leadership challenge if that happens she says she will fight it. there's no guarantee she will win. it seems likely she has enough votes to maintain her leadership it's another example of the kinds of pressure this prime minister is facing >> so, willem, as we talk about these developments, we also got some reports now that a key member of this overall brexit ecosystem may not be looking to leave. tell us what you know about that >> yesterday the bombsh

i'm willem marx in london. the tech wreck spreads to europe with the sector at its lowest level in almost two years after a "wall street journal" report that apple has cut production orders for its newest iphone models. >>> renault shows drive lower for a second day after bruno lemaire says carlos ghosn is not fit to lead the carmaker amid allegations of personal misconduct. >>> and deutsche bank shares slump to a fresh record low after the german lender once more acknowledges its role as a correspondent bank for scandal-hit gdansk >>> and theresa may promises to pursue her brexit deal as the dup votes against a series of budget measures and warns the prime minister to stick to her side of the bargain. >>> good morning it's been a negative start to the day for european equity markets. the stoxx 600 is down more than 0.4% if we examine some of the underlying markets, those four are trading in the red the ftse 100 down more than a half percent the dax down 1.25% in paris, the cac 40 trading almost 1% lower. in it

i'm willem marx. >> i'm joumanna bercetche.es >>> european markets are choppy as crude prices take another leg lower with brent hovering around $60 a barrel >>> president trump says it is highly unlikely washington will reach a trade deal with beijing raising the prospect of another round of tariffs against goods from china >>> shares in thomas cook hit a six-year low after cutting their profit guidance for the second time in as many months and halts dividends. >>> president macron is due to respond to the fuel tax protests that have gripped france for the last two weeks with an address to the nation. >>> in the last half hour we've seen european equities rebound from where we started. we opened up softer, but since then we have recovered a bit of ground again, this is on the back of positive sentiment we had in u.s. equities overnight. we saw a recovery in the asdaq up 2%. tech sector recovering nicely, still not gaining some of the big losses we saw last week in trading. asian equities firmer. across the board we have europea

i'm willem marx.exchange" is up next. ♪ [ neighing ] [ neighing ] [ sigh ] it's bring your own phone, not pony. so i could've taken the bus? yeah. bring your phone. switch your carrier. save hundreds a year with xfinity mobile. call, click or visit a store today. >>> it is 5:00 a.m you are looking live at buenos aires, argentina will pump maresident trump makel with china it is friday, november 30th. "worldwide exchange" begins right now. >>> all right. good morning welcome from wherever in the world you may be watching. i'm brian sullivan hope you're having a great friday wherever yo

i'm willem marx. >> i'm joumanna bercetche. these are your headlines >>> luxury loses its shine richemont drags the sector into the red after failing to mask a slide in net profit with the swiss group saying consumer demand is volatile >>> thyssenkrupp shares hit their lowest level since july of 2016 as the german group issues a fresh profit warning and blames provisions it will need to make for its steel cartel investigation. >>> bad signal telecom italia shares sink as headwinds in italy and brazil weigh on nine-month results. >>> and ubs shares fall after the u.s. sues the bank over mortgage securities fraud dating back to the financial crisis and the swiss lender reportedly rejects a $2 billion settlement with the department of justice >> we got a barrage of uk data the most important one is the gdp number that's come out for q3 q3 gdp 0.6%, quarter on quarter. that's versus a reuters poll of 0.6% as well this is the strongest calendar quarter since the fourth quarter of 2016. so actually the numbers are pretty strong and i

the question going forward, willem, is whether or not mrs.get this through parliament. >> reporter: yeah, that is the big question my question to you, jomana, is how closely are you able to watch donald trump's twitter account? very impressive on a sunday afternoon. what's important to focus on is how the mass in brussels was never in doubt she needed a strong majority to use a technical term which represented 20 out of 27 e.u. member state leaders and she got that very, very handily. the mathematics in westminster is very much more complicated. labor will vote against this current withdrawal agreement we have confirmation that there are dozens, approaching 100 conservative mps, people withi theresa may's policy said they will vote against it that makes it incredibly difficult for her and given how difficult it is going to be from her, you've heard from european leaders as this was being announced in brussels, what they saw as the limited options available to british mps take a listen. >> i'm totally convinced this is the only deal possible t

i'm willem marx. these are your headlines >>> white house chief adviser larry kudlow says president trump is open to a trade deal with china when they meet in argentina on saturday evening and insists the country could turn the page on their differences. >> i want to mention what the president told us a short while ago, that is in his view there's a good possibility that a deal can be made. and that he is open to that. >>> fed chair jay powell prepares for one of the most important speeches since he took office as president trump piles pressure on the central bank chief and says he is not even a little bit happy with powell's performance. >>> in an nbc news exclusive, the ukraine president warns of a wider war with russia. >> i think president trump has a lot to say to mr. putin. please get out from ukraine. >>> russia is strong enough to survive the toughest measures says vtv president >> it's damaging for russia, but how much it damages i don't know i'm sure with the state of the economy and health

i'm willem marx. british prime minister theresa may prepares her draft brexit proposal to her cab neinet but e deal could be doomed already >>> europe's powerhouse runs out of steam the german economy contracting for the fist tirst time since 2s trade standards weigh on the key exports sector >> it's a difficult moment, all the international institutions, all the economic experts agree that germany still is in a good economic shape >>> italy sticks to its guns rome resubmits its spending plans with no concessions to brussels as mateo salvini warns the eu against imposing sanctions. >> translator: i can only say we're working on a financial plan that includes less taxes. if europe doesn't like it, we'll keep going our way >>> oil prices have been suffering their biggest one-day loss in more than three years, trying to stabilize now in today's session this is a stunning reversal as the opec secretary-general tells cnbc the alliance between producers is steadfast. >> the saudi/russian relationshrelation

willem marx is live in rome with more on italy's budget deadline. >> that's right.t's been three weeks since the european commission demanded the italians revise their draft budget proposal this is something all eurozone countries have to do, submit the details of how they plan to spend and tax their money over the following year to brussels the european commission says whether they like the plan or not. unusually they've said to the italians we're not happy with this this is the first time ever they've done this with a member, please send back some revisions. all the italian politicians here say that won't happen, essentially they're not willing to budge on their plans to introduce a basic income and on their plans to cut taxes for self-employed workers. the deadline is tonight midnight i'm hearing from people inside the ministry of finance behind me that they won't be having a meeting with the top principles, the deputy prime ministers, the prime minister and the economy minister until around 8:00 p.m. local time it won't be until after that that they send the det

i'm willem marx. >> i'm jewulianna tatelbaum. these are your headlines >>> renault shares hit top gear as nissan says it will nominate a new chairman within two months after ousting carlos ghosn, jeffries raises the stock to buy from hold. >>> gibraltar's chief minister claims a deal has been reached with madrid over the territory despite pedro sanchez threatening to veto brexit >> the british people want this to be settled. they want a good deal that sets us on course for a brighter future that deal is within our grasp. i am determined to deliver it. >>> global retailers hope black friday will light up the bottom line with shoppers expected to snap up over $6 billion worth of deals in one day. >>> a fresh selloff takes oil prices to 2018 lows as the saudi energy minister vows to respond to weakening demand raising the prospect of a broad supply cut >> european markets are opening up with a pretty strong start to the day across the board we are seeing green from italy over to the uk the ftse mib up about 80 basis points the ftse

willem, huge developments just in the last couple of minutes. i think when people were talking about potential resignations from the cabinet nobody assumed it would be dominic raab who is the brexit secretary >> yes of course if you look at what he said over the last few months about the backstop and withdrawal mechanism for the back stop it should come as no surprise that he has said that's one of the key problems he faces with this draft deal the cabinet agreed to yesterday. he also talks about in this letter that has come out, he believes the regulatory regime proposed for northern ireland proposes a threat to the integrity of the united kingdom, echoing other members of the dup about the potential differences you could see in terms of trade and customs between northern ireland and the rest of the united kingdom if that backstop kicks in at the end of 2020. in terms of what this means for theresa may, we have had another resignation from the government, the northern two northern ireland secretary. this means that when this comes before a vote

i'm willem marx in london. socgen sees green after net profit jumps 32% in the third quarter driven by strength at the retail bank. the ceo tells cnbc the comeback in trading activity has helped >> it's still a pretty difficult environment for europe and banks. i'm happy to see a growth of the capital market revenues by close to 8%. >>> commerzbank investors cheer turnaround progress as shares trade higher after the lender beats third quarter profit forecasts. we'll speak to the cfo at 11:40 a.m. central european time. >>> and a big miss for unicredit sends shares into the red. the italian lender fails to hit profit forecasts >>> and president trump fires attorney general jeff sessions in a move some democrats have branded a blatant attempt to disrupt the russia probe as they take back control of the house for the first time in eight years. >>> the stoxx 600 is trading up around 0.30% the foot foot, xetra dax, sacroiliac are all trading higher the ftse mib is up nearly 0.22% autos after quite a solid day yester

trophy match against central districts in hamilton. and a single off the bowling of medium—pacer willembout one hour's time. time. james‘s team has had one went and several losses for the season. and several losses for the season. can they turn that around? goodbye for now. hello there. into wednesday morning. on some of the roads there. but there will also be further rainfall. which is continuing to slide up from the south—west. to affect mainly central portions of the uk. now, the winds are falling light ahead of that. a chilly start. be a touch of frost. these are towns and city values to begin this morning. through the morning. clearing the way into the north sea. ireland. plenty of sunshine to start the day across the south—east. into wales, and then into northern england into the afternoon. but again, to the north and south of it, it should stay dry. again, with temperatures reaching 1a to 15 degrees in the south. set to bring us a spell of gales and heavy rain. areas through friday. updates on this. is going to start fine. breezy, but there will also be some sunshine around. and

. >>> in england, pressure continuing to mount on theresa may an her brexit deal willem marx is joiningondon. >> brian, thank you very much. i want to give you a brief political history of the last week through the eyes of currency traders we have the pound here, cable against the dollar last week theresa may came back with a deal between her negotiators and the brussels negotiate beors and what the die deal would look like then we had some people quit there were a number of people within the party saying they would like to oust her, and then the numbers have stabilized because they were not able to get the numbers for that then the dup, they are in the confidence and supply agreement, a coalition agreement with conservative parties in the parliament, they voted for the first time since last year's general election against the government it was a small finance bill related vote but this is a sign they are deeply unhappy with the proposals theresa may has put to the government here, to the parliament here, to the people here in the united kingdom in the days ahead, a lot to watch in brus

i'm willem marx. these are your headlines. >>> european equities follow wall street's rally after jerome powell said rates are closing in on neutral levels and signals the central bank is ready to slow down its tightening cycle >> interest rates are still low by historical standards. >>> chinese stocks sell off into the close as trade concerns dampen sentiment ahead of talks between trump and xi jinping at the g20 summit. >>> paul polman retires after 20 years at the helm of unilever. >>> and eu brexit chief negotiator michel barnier says theresa may's deal is the only one possible as the bank of england warns crashing out of europe could see the uk sink into a recession worse than the final crisis >>> while we're discussing everyone's favorite subject, theresa may is facing some questioning. let's listen in. >> i feel it's the right deal for the united kingdom >> you also told the house of commons on the 15th of november that if we, the house, don't vote for your deal, there's a risk of no brexit at

this deal when there's so many reasons for so many different parties that they would vote it down >> willemarx, we'll see if we get meaningful progress. >>> let's bring in the chief global market strategist and head of cross asset strategy from canter fitzgerald pete, there are so many factors at play right now. we talked about brexit oil will snap a historic losing street what from that cross asset perspective what you the most focused right now? >> our focus has been a change in the global monetary policy regime policy conditions have been tightening since the beginning of the year. rates volatility has been rising we could even see it, for example, not only coming from monetary policy but also from fiscal policy early in the year. we had some large bill issuances that took place early in the year that is also contributing to tighter financial conditions in the u.s balance sheet shrinking. rates rising that has an impact on a company's ability to earn profit profits. >> so yes in the u.s., but we're not seeing that in places like europe, nor are we seeing it from japan from the central ba

willem, i believe you spoke to him? >> i did i said what happens next tuesday if rome refuses to make revisions to the draft budget proposal this is what he told me. >> we will have some disagreement, but this doesn't mean that we can't have dialogue between the commission and ital italy. >> do you feel like italy is being unfairly target the in these dialogues compared to the behavior of countries in the past >> we'll have to wait for the commission i don't want to have an anticipated answer >> during the latest economy financial meeting, i asked whether there was room for interpretation when it comes to how european rules are applied to the situation like we have in italy. here's what i was told >> rules can be interpreted, and i myself was always and i'm still the defender of some flexibility because i think that we must not have a rigid approach but one thing is to be flexible. the other thing is to be against the rules. our flexibility has always been there, especially for italy. if you are out of the framework, it

willem joins us from westminster. the question is who is likely to succeed dominic raab as the next brexit secretary >> i can't answer that for you but it will be someone who can deliver on what theresa may said is the only deal in town dominic raab has been nexting on negotiating on behalf of the uk, and david davis has come out in the past criticizing what he sees as this draft proposal. he signed off back last december on the idea of an irish backstop it seems that would be an important requirement for the next brexit secretary, someone who believes this approach is the best there is. theresa may did seem relatively relaxed. she acknowledged it was a difficult few days, that she was tired, but she was in command of the facts. she seemed sympathetic to some concerns raised by listeners there are some interesting points to bring up she talked about concessions made by the european side. she wanted to play up the idea that it's not just the uk that has made concessions in these negotiations the europeans she said had

willem marx is in london this morning. >> thank you good morning it's willem, you're right.e've seen two cabinet level resignations so far. three other government resignations after theresa may's cabinet approved her draft proposal for britain's departure from the european union. what this means is increasing pressure on the prime minister from within her own party. those people that resigned can, once that proposal faces a parliamentary vote in the house of commons, they can vote against the government if she faces very difficult parliamentary math it would mean this proposal that she spent 18 months negotiating with the european union would be dead in the water. there's also pressure within her own conservative party about her leadership if 48 of the 315 conservative mps decide they're not happy with her as leader they could trigger a no-confidence vote that could have disaster consequences for her future. there's a lot of uncertainty about what comes next. she has been speaking to the house of commons listen to what she said about this deal. >> mr. speaker what we agreed

critics are calli ing willem dafoe's portrayal of vincent van go go.aking "eternity's gate" in places where van gogh lived and painted. >>> plus, the iconic painting that sold for more than $90 million. >>> and in our series "school matters," mack lem more tells us about the program he founded. you're watching cbs "this morning." you're watching "cbs this morning." derm it? correct age-related volume loss in cheeks with juvÉderm voluma xc, add fullness to lips with juvÉderm ultra xc and smooth moderate to severe lines around the nose and mouth with juvÉderm xc. tell your doctor if you have a history of scarring or are taking medicines that decrease the body's immune response or that can prolong bleeding. common side effects include injection-site redness, swelling, pain, tenderness, firmness, lumps, bumps, bruising, discoloration or itching. as with all fillers, there is a rare risk of unintentional injection into a blood vessel, which can cause vision abnormalities, blindness, stroke, temporary scabs or scarring. ( ♪ ) juvÉderm it. talk to your doctor

let's get to willem marks live in brussels. where do we stand now? >> reporter: so, brian, that brexit battle you mentioned has essentially moved from brussels and now will take place in westminster. over the weekend theresa may came here to get the seal of approval from her 27 counterparts from across the european union and they gave it to her pretty straightforwardly. the mass was on her side here. back in london it will be a lot more challenging and that is because not only do you have the opposition parties saying they will vote against her withdrawal agreements as it currently stands, but you have members of the small northern irish body saying they may abstain on the vote you have dozens of members of her own conservative party who have said publicly they will try to vote it down when it comes to parliament in the next few weeks. that's why theresa may starting yesterday essentially has launched a campaign saying this is the best and indeed only option available to british lawmakers. they have got to vote for this otherwise they risk facing no

actor william willem dafoe you don't lucozade editor michael korea give us a preview welcome michael there have been a lot of films about vincent van gogh is there anything special about this book well indeed first of all sides willing to him he has this is very special. first of all and the film is a portrait of the last years of the life of instant hunger it's journey into his mind perception is ultra also i'm a major theme would really different it's been done by another painted julian schnabel which is by the way a friend of william defoe and so while they still had a script some things were born out of ideas improvisation they came up with during filming the film doesn't really want to explain anything just wants us to show the world through photographs eyes his painting changed a lot in the last years you know it was also when he was most productive it became came at a price as we all know he had major mental problems but for him it wasn't only a source of pain it was also. a chance for art sorrow is more valuable than laughter he once wrote tragically his work wasn't recognize

>> reporter: it also stars nicole kidman and willem dafoe. it premieres december 21st in the u.s. chris martinez, cbs news, los angeles. >>> action packed film! looks good. >> time now 4:57. a wild police chase caught on camera. coming up a driver on the run dangerously dodged people on the street. but then he came to a stop. we'll show you what happened next. this little home of mine, ♪ i'm gonna let it shine. ♪ it's energy saving time, ♪ i'm gonna reduce mine. ♪ californians all align ♪ to let our great state shine. ♪ let it shine, ♪ the power's ours to let it shine! ♪ >>> rain soaked much of the bay area this morning but the worst is yet to come. >> plus, another senate seat secured for republicans this morning. why this race in mississippi has the bay area fired up. >> and the trump administration fights back against a federal court's ruling on asylum seekers. good morning, test wednesday, november 28th. i'm michelle griego. >> good morning. i'm kenny choi. it's 5:00. we have seen a lot of rain over the last several days and more to come. catching a break for today in between

willem: on the technology side, what we look at this revolution, which we think will continue to be withbler. tech is much broader than just a platform. it is about thin tech, health check, about robotic automation that i talked about. the trend is systemically still there. in terms of the overall of sides on equity markets, we are looking for lower upside than we had over the last number of years, better than 2018. but we do think you will need to be more active. we think the time for active management, to pick the winners and losers in each sect or, the one that will have the productivity gain first is the one that is going to lose. the more that you think about disruption, the more you need to do active management. guy: do your research, basically. thank you very much. come back and see us again soon. hsbc privatef bank, thank you. bonnie? vonnie: let's check in on first word news. mark: the u.s. says turkey's shelling of fighters in syria is putting american troops at risk. a state department spokesperson said that the united states has been in touch with turkey and a turkish dominat

of course, the common thematic from willem's report in paris and my report here is that the x factorunited states. without naming names and pointing the finger, that is very much the big difference in these global oil markets, i.e.,, the u.s. is going to be very aggressive on iranian sanctions and then decided to offer these very big wavers to eight key consumers as well which then took the bite to oil prices. swing forward to now, we are 20% lower to where we were at our highs in october they're scrapping to figure out what happens next. we'll go to some sounds now including the saudi king maker, the oil minister of saudi and i asked him about, well, what happens next, do you take barrels off the table? let's listen. >> all along we said that the market over reaction to the announcement on sanctions was driven by fear rather than by real shortages, and i said many times and repeatedly that the market is well supplied, that we had plenty of spare capacity available and that we were responding to every request for every barrel since june of this year and once again, we've proven to be

midterms will be a driver that will affect trump's percepti perception, but also think where are we willem marx can w, what t >> we only have two more ace cards that trump can play in terms of escalating tariffs, then you reach the end of the road this a great time to take stock, consider a cease-fire, suspend certain measures so you have some cards to play next year when things get bad again. from the chinese side, the same. the damage is being done they are deleveraging their financial sector, taking risk out, providing stimulus, the last thing they need is further escalation so offer something on the table that's enough to, you know, calm markets, get a cease-fire going. the question is what is that >> let's say the president is extraordinarily successful and gets to somewhere near -- this is a big extrapolation let's say he's successful. he gets a trade deal which takes the chinese trade deficit out of the u.s. economy ie, there's a big fat zero, whatever it may be what does that do to the u.s. economy? what does it do to u.s. treasuries >> i cannot see that premise of the question bei

you and willem will be co-anchoring decision time at 11:55g mt ahead of a decision at 12:00. >>> comingp, apple brings up the rear on big tech earnings. a preview next take your razor, yup. up and down, never side to side, shaquem, you got it? come on stay focused. hard work baby, it gonna pay off. >>> i'm proud of myself. off air i told our correspondent something about america that she didn't know. >> and she's american. >> look at me. it wasn't about work u.s. president trump is on a campaign blitz in the final days before the midterm elections he's hoping to tip momentum towards republicans. hallie jackson has the story >> reporter: the president is pulling a page fro his 2016 playbook, working to energize his base on immigration. now threatening to triple the number of troops he's sending to the border >> our military is out we have about 5,000, we'll go up to 10 or 15,000, military personnel on top of border patrol, i.c.e., and everybody else at the border nobody's coming in >> reporter: that would be more troops than the u.s. has in afghanistan, and a little more than two u.s. se

> the italian government has until today to send a new budget proposal to the european commission willem five-star movement mp lorenzo fiormonti and asked if rome will make any changes to the current budget. >> i don't expect the government to make any substantial revisions. i think there may be a dialogue around some potential second steps, but the bulk of the core of what was proposed will remain the same if that happens f thshgshappenst acquiesce to the demands from the european commission, what does that mean >> i think it means we're sending a message that europe needs to rethink the way in which he conceived of economic development over the past few decades. the italian society is on the brink of collapse. we have increasing absolute poverty. we have a lot of people that are sick and tired of this kind of life and they're voting for parties that are commonly considered populist. i would say there is an element of populism, but also certainly an element of popularity, trying to listen to popular demands this is why these two parties will not change their approach even the elections

different is it's a film done by in other painter by julian schnabel and who is by the way a friend of willem defoe and they both had scripts but some of the scenes were blown out of ideas and improvisations. and they came up during the filming and they doesn't want to explain anything they just want to show us the world through his and his painting changed a lot in the last ten years of his life it was also when he was most productive but came out of price as we all know i became depressed. also the time it includes the incident. of his own but the mental disease was not only painful for him it was also a chance for art. is more valuable than laughter he once wrote and allowed us so that's how i look at the trader of this movie. some of the writing say you are a painter. because i'm not i have surpassed. the bone pain. yes. you know. the terms i can't do anything else and greet me after time. i think of myself as an exile. or something i don't want to tell is. what i say nobody else is. a stranger to drink too much there's third out of control i don't want to calm down it's called the act of

added to their power, democrats won the house let's find out how the global markets are reacting willemx is in london we want to start with sri jegarajah in singapore >> interesting session in the asian markets. they surrendered early agagains. the market perspective was a divided congress was a best case scenario there was a sense that the markets could lift with this as the session wore on, the markets seemed perturbed about the prospect of gridlock the way that's expressed is in the currency markets, the dollar is on the defensive which has offered a reprieve to em fx. the story out here remains muted because of the global growth concerns, because of the fear of the fed as well, and of course the tech sector. then you have the trade conflicts. i wanted to talk about that that remains a risk for our markets heading into g20 as far as the midterms are concerned, it seems as though mr. trump from the perspective out here, he will lean on his executive powers to go harder on trade policy versus china. speaking of which, we got a read on china fx reserves for october, holding above the cr

so i love when you brought up one of my favorite writers and actually he's more of a compiler but willem federer. >> guest: a mennor to me. >> host: and you -- a mentor to me. >> host: i've read so much of his stuff. >> guest: america's historian. to me a prize -- a national treasure, yes. >> host: so, you bring him up and i love when you quote him, the declaration referred to god, he talks about the laws of nature, nature's god. men are created equal and of course that's not just men, as we know but endowed by their creator, and i thought you did great justice to bill federer's work and documenting that. but since you know that he's been writing about our judeo-christian establishment, our foundation, do you believe we should do something now to recapture that foundation that got us started? >> guest: i think many of us working toward that expend the reason i specifically but bill fedderrer in my book and gave him such a platform is -- the reasons you mentioned. an amazing historian. i think he's my force for all of that. also, i wanted to contextualize, louie that we just witnessed a b

willem marx joins us from london this is like the day after coverage i don't know where we stand.t's good that we get to talk to you. good day >> yeah, good day to you, joe. i'm not sure i have more answers for you. there's a lot of uncertainty here, not only as who will replace dominic raab but also about her future a number of mps within her own conservative party have publicly said she do not have confidence in her as prime minister if 48 of those mps decide to send letters to a party committee inside the house of commons behind me, that will trigger a leadership contest there's no guarantee she would lose or win that contest, but if she were to lose that contest, all bets are off in terms of the brexit strategy. if she wins, she says she will push through this current proposal and then shiell hae'll the next challenge of a vote within the house of commons in december if that vote is defeated we could see a general election we could see a second referendum on eu -- british departure from the eu and the european side saying they're not willing to make more concessions at the mom

today, from the new film aquaman and at a eternities gate, willem dafoe.box. all next on "live!" and now, here are kelly ripa and ryan seacrest! [cheers and applause] ♪