>> live from paris. >> your rendezvous with the world right here. this is france 24, time for 60 minutes live around the world and these are the headlines. european union leaders are calling for britain to make a quick exit from the eu. the french and eu council sat down in paris before heading off for more talks in berlin. spain's prime minister is claiming the right to form a new government after his conservatives won the most seats in parliament. election in six months does not
give him enough votes to claim a majority. star striker says he is retiring from international football after argentina crashed to defeat chile in the finals. coming up, the pound slums to a new 30 year low against the dollar as the market turmoil over brexit continues. we will have the latest in our business update. we will be talking to spencer stone and the american heroes who helped take down a gunman on a french train last summer. first, our top stories from paris. leaders from around the european union are being very hard-line
and their reaction to the british referendum. & prime minister material and the. we will have more on those talks later, let's ring in sarah harmon in berlin. what you tell us about the meeting -- what can you tell us about the meeting? >> when they sit down for their working dinner, what is going to be on the top of the agenda is the speed at which the brexit must occur. as you know, the u.k. has not yet article -- triggered article 50, a formal declaration and the german government said earlier today there will be no informal talks with the u.k. until that happens. looking to germany ramp up the pressure on britain to begin this process sooner rather than later to avoid an impasse.
the brexit crisis already highlighting political divisions that are within germany. tell us about that. going into an election year, 2017, we can already see some divisions between merkel and her foreign minister. on saturday, he got together with other foreign ministers and set article 50 must be triggered immediately, the brexit needs to happen right away. inkel came out an hour later her own separate conference and said she would not fight if it took a little time and urged patience and above all, caution going forward. she said there was no reason for this to get nasty and we know that her finance minister is already hard at work on a brexit plan to protect germany's exports, which stand to lose a
lot. the u.k. is one of germany's largest export markets. we will see what happens after the dinner, today, if merkel can get all of her cabinet officials on the same page. -- to talk a bit more about this, we have europe editor irvine with us. >> after the meeting today in berlin, the 27 members of the european union will get together and they will be joined briefly by david cameron with a working lunch to look at the uk's position on this. david cameron said he would trigger article 50 immediately, but now everyone is saying no haste. cameron really not wanting to trigger something he never stood for. leave campaigners believe they could have entered informal
negotiations to see how things would work before triggering that article that sets off a two-year deadline that can only be extended if they 27 unanimously agree. wepokesman for merkel said will not move before they do, so it is all a little bit up in the air. will the british pull another card out of their pocket and eventually hold a second referendum? that is looking unlikely as things stand because over to his -- over 70 million people did vote to leave. billy thing we know with certainty -- the only thing we know with certainty is that there is no certainty. >> can scotland stay in if the rest of the u.k. pulls out? >> it is definitely trying. they are working on the idea of a second independence
referendum for scotland. if they vote after the u.k. leaves the eu, they would have to reapply like any other country, but people said it procedure andt that they would get in pretty quick. people also looking at having an association agreement deal with the eu before they hold a referendum on independence, trying to work out some kind of deal that would keep them part of the eu even if the u.k. leaves. >> the fallout is continuing from that shock vote to leave the eu. david cameron's conservative party is grappling to figure out who to nominate to replace him as prime minister after he announced he will be stepping down. david cameron held his first cabinet meeting since the u.k.
voted to leave. let's bring in chris moore in london. a lot of movement, a cabinet meeting taking place, parliament meeting, the finance minister speaking out this morning, saying this boat is not what he wanted, but he would do everything within his power to ensure a smooth transition. we also had the senior lead campaigner boris johnson speaking out, attempting to strike a note of continuity, saying that but would not affect europeans living in the united kingdom. whether or not that becomes a reality remains to be seen. a very british mission from the department -- from the labour
party, keep calm and carry on. conservatives facing a leadership contest, the leader of the opposition is under severe pressure of a smooth resignation from his party. one of the politicians we heard a lot from, nicola sturgeon, leader of the scottish nationalists. it has been three days since this has happened and it seems like there has been very solid -- very little celebration from the leave campaign. does it seem like the campaign is having a bit of buyers remorse? >> it is probably different than what is going on at the top of politics as opposed to the bottom. we have witnessed numerous conversations on public transport, cafes, bars, people
talking about it in the street. a lot of argument going on and the nation does have a bit of a collective hangover, a lot of people asking what if we done and what does this mean for the country. a little bit has been written about these supposedly regretful --ve voters, asking them asking themselves questions about the enormity of what they have done. most people we spoke to were pretty proud of what they had done, voting leave for a number of reasons. immigration was one of them. was of them thought it sticking it to the establishment. also, be establishment based in britain. no great love for politicians in general, even the ones that led
the campaign. let's go to spain where the prime minister is claiming the right to form a new government after his conservatives won the most seats in parliament. the second in six months is not give him enough to claim a clear majority. >> he is calling it a victory. the people's party was the only major party to pick up seats in sunday's election. govern, because we won the election. we want to be 100% useful to the spanish people, to those who voted for us and for those who didn't. seats inrty one 137
the parliament, just short of the absolute majority needed to govern alone. they would still need seven more votes to get the majority. -- botht to t tell both the socialist party and the people pararty that they want to sit at a table and on a new government, our party will be at the table waiting. >> the centerleft socialilist party came in second with 85 c. can. big loser was united we >> the results we had tonight are not satisfactory. we had different expectations. >> the anti-austerity headstart hoped to break the country's two-party system. it is unlikely the grassroots movement -- movement will be in government anytime soon. >> at least five people have
been killed and more than a dozen wounded in a series of suicide attacks in eastern lebanon. a trio of bombers targeted a predominately christian village a few kilometers from the syrian border. the iraqi city of falluja has been completely recaptured from the islamic state group. it is the second time the state -- the city has been taken back from islamic militants. causede with u.s. forces more than 1000 casualties in 2004. this time, it was iraqi forces that led the assault. it took just a month for the fight to take back falluja from the islamic state. lastcommanders declare the ice is controlled neighborhood had been liberated on sunday. the prime minister praise
military forces for their achievement. androops liberated falluja and and it all -- almost all the fighting in basel. -- in modal. we will raise the flag with the help of our heroes. >> polluter is located just 65 kilometers of the capital of baghdad. the city was the first to fall to the extremists to years ago. iraqi army is backed by mostly shia powerfully -- powerful forces. the u.n. haskin -- condemned them of human rights violations. >> we would like to extend our force to the iraqi air and the u.s. coalition aircraft which played a role in this battle.
had it not been for the coalition airstrikes, the battle would have taken a lot longer. >> troops are now clearing bombs planted around the city by retreating military. the next target is the largest iraqi city under control of the .slamic state >> turkey and israel have agreed to renewing diplomatic ties. -- on a ship trying to break your israel's blockade of the gaza strip. the turkish prime minister said $20 million will be paid to victims of the raid under the deal. it was called a hopeful signal -- signal for the region. kerrypdated secretary
about our agreement with turkey, -- it is anl show important step to normalize andtions on one side commence implications -- has immense implications for the israeli economy, and i mean positive immense applications. >> time for our business news with stephen carroll. you have been looking at the statement from the british finance minister. >> the message is the ministry was prepared for this and there are strong contingency plans in place. the finance minister had warned that a vote to leave would mean an emergency budget would -- with 30 billion pounds worth of .ax rises and budget cuts
there will be an adjustment in our economy because of the decision the british people have taken. i respect that decision and we will get on and deliver on that decision, but the impact on our economy will have an impact on our public finances, given the delay in triggering, given the decision by the prime minister successor,r to the it is sensible to wait for a new prime minister ifo we determine what that action is. on,s the day has gone sterling against the dollar has vote,new low post brexit it down over 3% on the day, folding against the euro, the
stockmarket started with moderate losses in europe, but those have deepened as well as the day has gone on. bank stocks being hard-hit, as our homebuilders in the united kingdom. with a marketndon analyst at i.t.. what was it that george osborne did or did not say that it not give the market too much confidence? -- that did not give the market too much confidence? >> ultimately, people are looking towards this emergency budget, our going to see it, that is not necessarily what we need to see at the moment because of the fact that people already don't necessarily know what repercussions of this quite are. even people with in leave campaign cannot seem to know where we stand, so he did give us some sort of civility at that moment, -- stability at that
moment, but it always looked like we would return back to the red. we saw deep selling on friday, but also today, and across the board, it is worth bearing in mind that ftse 100 is a very international stock market and a lot of people are seeing companies that they probably wanted to buy into for some time , and now they are able to get in that level, so they see it as relatively attractive, it has been more stable in terms of the ftse 100 than the 250, but the 250 is usually the one that bears the brunt of any real economic already. needed at this stage to calm the markets? >> quite frankly, idle think
anyone actually expects to see anything for the time being in terms of the plan because i do not think there were people who are actually pushing for us to leave seemed to have a plan, let alone the likes of george osborne, they have some contingency plans in place but it has more to do with liquidity and trying to remain calm within the markets. i do think we will continue to see selling, the likes of the ftse 250. whether this leads to a further referendum throughout europe remains to be seen, but i do think the time being, people are going to be worried with a lot of questions that have yet to be answered and they will be moving toward a safe haven, the likes of the yen or gold and away from .hose so-called riskier assets >> doesn't -- the banking sector
he's getting hit, it seems, italian being -- italian banks in particular seeing huge selloffs. why banks would be sold off, particularly one that are domiciled in the u.k. is you have substantial restructuring costs and the main reason is the fact that ultimately, banks really thrive on having decent margins and margins are set by interest rates. as long as we have low interest rates, it is difficult for banks to make any sort of profit. we expect the u.k. and the u.s. to be leading the way in terms of interest rate hikes. all of a sudden, you see market expectations for the next bank of england meeting in july giving us a 50% chance of a cut to interest rates. it looks like hikes within the bank of england are pretty much off the board for the next year.
we do not know how long it will take until they come back into where weof period could see a hike and that prolongs the amount of time where it is difficult for banks to do business in the u.k. >> thank you for your time. carroll.you, stephen a bit of sports news with that shock announcement. the star player is a five-time winner and he is just 29, and he now says he is retiring from international foot long. that is after argentina crashed to defeat against chile. miss.t, after failing to score a crucial penalty in the final, he announces retirement from international football at just 29.
argentina lost to chile after a heartbreaking penalty shootout. in just three years, the team lost three major finals. i am done with being part of a national team. i fought hard and did everything i could, but this is the fourth final i have lost and it makes me sad. it is clear that it is not just -- it is just not for me anymore. i wanted more than anything to bring home a title, but that is not going to happen. championthe five-time -- he never failed his dream of bringing a trophy back -- the filled his dream of bringing a trophy back. in many peoples hearts and minds, he will always be second to argentina's other football , who almost
single-handedly won the 1986 world cup. >> my guest today first came to europe last august as vacationers, but they left as heroes. and his friends were on a train to paris when a gunman opened fire. and subdued the man, putting an end to a potential terrorist attack. two of those train heroes are with me. hello and welcome to both of you. for fourthk in paris of july celebrations at the american embassy, a little ahead of time. how it -- how does it feel being back in paris? >> it is pretty surreal. i feel like i have been waiting to come back here ever since we left. far, it has been pretty cool
just being back with my friends. >> get to relax and enjoy it a little bit more. >> a little slower paced. [laughter] >> when you think back to those moments, what do you remember the most? >> i remember being lucky that i was alive. we could have died so easily if it was not for a lot of luck and having the right reactions. honestly, just relief that we were still alive, a huge adrenaline rush and being glad for the way that things turned out. >> you are both in the military. is it because of military training you were able to do what you did? >> it obviously helped in terms of mental preparation, but as far as our upbringing or whatever interests were. >> and the fact that we have
done each other all of our lives. training, myry training i got to the air force obviously helped out, and alec was there to save my life. >> you have written a book that is coming out, what was the most important thing that you want to share with people? do not knowt people about us, like how far back do we have known each other. we went into our childhood and our upbringing and why i guess it was that i followed spencer to charge the dude because i do not know if it was anyone else that would of had the same reaction. >> and you? had different pictures
in our head of what actually happened because it was such an adrenaline rush and you can get things skewed here and there. it is nice to kind of lay everything out. another thing is here in europe, the terror threat is still a very real one. is there any advice you would share with people if they found themselves in that situation you were an? plan this out, so they go into areas where there are not much escape and are not a lot of options. my personal opinion, i would give the same advice to do what we did and just take your chances and you have to try and charts the guy. some people may die, unfortunately, but at least everybody is not going to die and you can try to stop a massacre.
- hello, i'm john cleese. now, have you ever wondered what makes sacred art really sacred? i mean, does the so-called creative spirit lie within the artist, or is it sometething channeled through the artist that comes from somewhere else entirely? in either case, prepare to be totally delighted by what follows: the first-time meeting of a tibetan lama and a navajo sculptress. so settle back, take a deep breath, and let your creative spirit float in the wind as we join our host, phil cousineau, with his esteemed guests for this colorful, art-drenched episode of global spirit, the first internal travel series. [percussive music]