let's get to willem marx in manchester, england.e has the latest on the attack and what we're learning about them. >> we have no more information about the identity of the attacker nor the motive. police say it was a man responsible for this blast around manchester arena last night. he used, they said, an improv e improvised explosive device. 22 people have lost their lives. 59 others have been injured. police don't have more information that they're willing to share, but clearly they're r. they'll be pursuing who this man is. whether he had co-conspirators, whether they were inside the uk or outside. how he was able to get into the venue so late on at the end of the concert. >> willem, it almost reminds me, the uk had a number of attacks. i was there in london the last time this happened. reminds me a bit about paris and the pat clbataclan theater, aga young people were out, you had a random attack that killed so many people. what are people on the ground saying? >> it looks like an ordinary day aside from the cordoned area around

willem marx joins us live from manchester. where are you and what are you seeing?'m a few hundred yards away from the manchester arena. there's a lot of traffic in manchester as you might imagine. police have blocked off a number of roads here. pedestrians are allowed to walk through the city center here. we're in a part of manchester healthily populated by office buildings. a lot of people on their way to work this morning. a lot of roads are closed. it's had an impact in the city in terms of logistics and an emotional impact. >> the terrorist threat has been at level four since even before the westminster attacks. are there calls for this to be raised at the most severe level? >> you're right, it's been at this level since 2014, whether it gets raised to critical is something for services to decide. it has never been at that level. it indicates imminent attack at any time. clearly we've seen two attacks in four months. so theresa may meeting with her senior ministers today on downing street, they will be discussing that threat level with security officials. >> i

any way -- >> willem marx got that assignment. 're very jealous of him. >> wilfred, are you really wilfred? he's willem. >> no, mine is a soft "w." >> very, very confused. you know what? it's supposed to be dry tomorrow. it might even be warm tomorrow. that's what i was thinking, what do i promo in the show? i'm pro mowpromoing spring some. >> i'm flying west coast to make sure i get good weather. >> official kickoff of summer this weekend. >> it's taking its time. >> we had that one day when it was 100 degrees. the markets what about it, huh? we had that one day where we thought the vix might stir a bit, then that was that. now we've had some nice action for the bulls. we have terranova here. he likes talking about the vix. i think you still feel okay about this market, don't you? definitely feels okay. we'll trot out the normal number of analysts that have missed this rally and are saying we're at the high end of the range that they didn't call in the first place. i like that. we're at the high end of the range, but they didn't t

. >> willem marx joins me on set. we knew this would happen. been well flagged for a couple months. what happens next? >> we have a contest of leadership for the fine gael party. both of them are ministers, close personally to the outgoing prime minister. what it will mean for ireland's economy and the politics of the country remains to be seen. fine gael rules with the acquies acquiescence of its political parties. they say they will have veto powers over economic decisions. and there's a chance they will not continue with that agreement. and the center right party will say we're not willing to rubber stamp this new leader of your party as prime minister that would trigger an election. that's not entirely likely but a possibility. in terms of brexit, this man has been crucial to preparing ireland for brexit, the imply cakeses f imfl implications for the country. the question now is will the new leader be in power as prime minister by the time there is a next eu summit in brussels and he or she can meet with european leaders in brussels. that w

willem marx is live. >> reporter: manchester police arrest aid couple of individuals, executed one justwo miles from here and another in fallow field, 300 miles where i'm standing. ment i'm down the road from manchester arena where the horrific attack took place last night. we're getting details of the victims and 22 that lost their lives last night, some of them were children, according toing prime minister theresa may. 29 have been treated in area hospitals, children. outside number ten downing street talking about the threat level following this attack in the uk. let's take a listen. >> the threat level remains at severe. that means that a terrorist attack remains highly likely. but the independent joint terrorism analysis center which sets the threat level on the basis of the intelligence available to them will continue to assess this throughout today and in the days ahead. >> theresa may was talking to president trump prior to that little press address you saw there. he described it as a wanton and deprived attacked. she said it was the result of a warped and twisted mind. police a

let's get out to willem marx. protectionism has been taken off the official agenda. >> that's right. it's not something they will officially talk about. but this is baked into their long-term plans for the united states. what steve mnuchin will be talking about in the next couple of days is likely the tax reform plans that the trump administration does have. a lot of his counterparts from canada, japan and europe will seek more clarity on what it is the white house is proposing when it comes to reducing regulatory burden for businesses, potential tax reform when it comes to lowering rates for u.s. businesses, infrastructure spending, all things they say will be crucial for increasing u.s. growth at the time. what is interesting, of course we had voices like the imf which say they see these policies as a problem, they might stoke inflation and some trade barriers that trump talked about may be a drag on global growth. another european thing that will probably come up under discussion will be greece. the european le

willem marx joins us with more. >> we know properties were raided yesterday in parts of south manchesterudd has been releasing some information about salman abedi. as you mentioned, she believes he has recently been to libya. one criticism uk security officials have had is the leaks coming out of the u.s. amber rudd said it was irritating that some of the first bits of information coming out of this attack were from the u.s. we had information from the french interior minister. he said to french television that the man of libyan origin, salman abedi, travelled to libya and then maybe syria. when he was asked how he nude abedi had been to syria, he said this was information that french and british intelligence services already had. asked if he was part of a potential network, the french interior minister said that is not known yet. but perhaps he had links with isis. islamic state has claimed responsibility for this attack. in the statement they put out yesterday, not a great deal of detail. a lot of people said that seemed to indicate potentially they did not have much involvement in the

let's get out to willem marx. i guess the press can't agree on who won or lost the debate. what is your verdict? >> i think just having watched it last night, both of them faced difficult questions, neither of them stumbled too dramatically, especially under the historically and rather famed grilling that one of the anchors delivers to his guests. one thing he managed to do is tease out the differences between their personal beliefs and current policies. with jeremy corbyn that was abolishes the british monarchy, nationalizing the uk's banks. he said though he personally may have believed in those in the past, that was not part of his labour party's manifesto, because he was not a dictator. with theresa may, he went after her on her views on brexit. he got her to acknowledge that she had not voted to leave the european union and campaigned against that, but was now pushing voters to select her as the best person to take them out of the european union. from the audience perspective, both of them got some laughter, both of them got some boos. a lot of them got applause. but t

. >> let's get out to willem marx in westminster. a couple days ago she said all the talk about her disastrous dinner with jean-claude juncker was gossip. now this. was she wearing the brexit hat or the uk general election hat? >> i think she's going to have to wear both hats for the next few weeks. this might play well to torry voters by pitting the uk against the european union in this way and using us versus them argument. last night she talked about people voting for my team. one of the concerns for the conservative party, even though they have this commanding lead in the polls is voter turnout. a lot of would-be voters may think it's not worth going to the polls on june 8th to vote. that's something they can pointer with this line of argument that the brussels officials are threatening our democracy. those criticisms came in the back of some comments from michelle barn dominguezier sayi would not be a quick and painful process. also a report earlier in the week about that disastrous dinner with jean-claude juncker was said to le

willem marx joins me on set. >> more than 300, 319 injured. the german foreign office, they said they have not yet accounted for all their staff. they'll be issuing a statement soon. the uk embassy not far away. one of the main western supermarkets, some of the telecom companies, and a lot of afghan government buildings nearby. the explosion took place about 8:30 this morning. the height of rush hour. a busy part of city. 30 vehicles were destroyed by the blast. people more than a half mile away had shattered windows due to this explosion. we're at the stage of the year where the afghan taliban have launched their spring offensive. it's an annual time of year where they go back on the offensive after the winter snows retreat. the area around kabul has been the most heavily hit by militant attacks. they have seen the highest number of casualties. many of them civilian, and today is no different. a large number of civilian casualties. >> do stick around. want to bring in the senior analyst for terrorism. willem was talking about the attack that

willem marx has more. >> theresa may was talking yesterday to the queen about the disillusion, and thenent back to downing street and launched this criticism of european officials. the european commission's negotiating stance has hardened. threats against britain have been issued by european politicians and officials. all of these acts have been deliberately timed to fect the result of the general election that will take place on the 8th of june. this is not entirely unprovoked from theresa may. we had comments from michelle barnier, the lead eu negotiator for brexit, he said it would not be a quick and painless process, and angela merkel saying britain should be under no illusions about brexit. theresa may faced criticism here domestically from her political opponents. one accusing her of poisoning the atmosphere around the talks. another said she's trying to use brexit and nationalism to distract from the failings of her own government. she promised to be a bloody difficult woman when it comes to these negotiations. some people saying she will get some domestic political advantage by

willem marx joins us on the phone with more from manchester. oice of the -- you know, it's hard to make it any more kidious. you're talking between and teenagers. so just the choice is telling, isn't it, in terms of how evil this was? >> absolutely. you know, we've seen that of the 22 dead, theresa may the british prime minister has made clear at least a number of them were children and that's the same for the 59 she said being treated in eight hospitals around manchester. some of them still in life threatening conditions. we've had some breaking news in the last few moments that a 23-year-old man has been arrested in manchester in connection with last night's attack. that's according to manchester police. clearly, there was some serious knowledge about explosives involved for him to have put together this improvised explosive device. the man who was the attacker who died in the blast, police now looking to try to unravel to see if there was a conspiracy, trying to understand motive and whether this man acted alone. there has been an arrest here

willem marx talking nicely through the helicopter noise.he g7, let's bring in a cnbc contributor, former economic adviser to vice president biden. good morning. ben, we have been saying since the campaign the market would have to learn to read both the rhetoric and the policy. is this another test of that? >> i think the markets are doing a good job. president trump's comments on germany were certainly inflammatory but the markets have largely shrugged it off. there's an economic back drop to the comments. the april trade figures were not what the administration wanted. the deficit and goods -- the deficit up to $67.7 billion but as you can see the markets aren't anticipating any sort of actual blow back. we have seen this before with china. the threats of a currency war, trade war, what did we get? a trade deal. >> jared, do you see it the same way? >> i do. i think ben's exactly right that the markets after leaning over their skis much too far in terms of believing the trump agenda was going to get legislated next week are finally recogni

willem marx has more on the manchester bombing aftermath. >> we heard over the last hour or so that threein the south of the city. a couple of miles from where i'm standing right now near to the manchester arena where the attack on monday night took place. police still focused on trying to decide whether salman abedi, the man suspected of carrying out the attack, had accomplices. the threat level seemingly has been risen to critical here in the uk, because they've not been able to rule out that he may have had other people helping him in that attack. this morning the uk's top security official, that's the home minister amber rudd, she said that the threat level was unlikely to stay at this level too long. not too long. let's have a listen to what she said. >> what we are being told is that it is an ongoing operation. until we can be reassured that there is no continued activity around this operation, that it is entirely safe around this operation, then it is right that we are at this heightened state of alert. it is operationally driven. it is intelligence driven. >> she's just come out o

willem marx is live in sicily. >> becky, to be honest, i think the president might be wanting to watch in taormina in sicily. he sat down with some other g7 foreign leaders. the official items on the agenda are foreign policy and security issues. trade is clearly going to be an important part of the conversation over the next couple days. something that's been kicked down the can to here in sicily over the last few months of g7 meetings. one other subject, very close to european leaders' hearts is really the focus on human rights and issues like that. let's have a listen to what the eu commission president jean-claude junker said earlier this morning. >> we stand up here as we are always doing for our shared values of freedom, democracy, rule of law and respect for human rights. we do believe as europeans in open societies, and we are always seeking mullaly lateral solutions. we want to build bridges, not walls. >> not so subtle dig at prime minister. it seems to echo what angela merkel the german chancellor said yesterday in brussels. she talked about ice laying and building because w