boston now come from eastern europe. overall, there are some 3 million eu migrants in britain. far too many, say the eurosceptics. one reason they want britain to leave the eu is to stop further migration. >> exit from the european union. >> people are being drawn here because of our high rate of benefits. we earned those benefits. we earned the right. we re-invested in ourselves, that's why this country is a great country. >> what can we lose? what have we lost? we've lost a lot. all our industries are gone. it's not britain no more, is it? >> it's too much a mixed bag. >> and we are attracting too many people. yes, the wrong people, the wrong kind. >> the eu opponents are popular here. many britons believe the eu's policy of free movement of labor is wrong. jonathan: i hope that the eu implodes. it's an artificial construct. we face 2 tyrannies in this country. one is islamic fundamental terrorism. the other is the tyranny of european bureaucracy, which is imposing rules and regulation upon us, that we have little control over. >> so what would a brexit mean for boston's polish c

camp says the bitter divorce could recover con on the british economy and put the future of the eu at risk. that is certain is that this vote will be very tight and very tense. so our question today on quadriga, should the u.k. stay or go? i am joined by three seasoned observers and analysts, beginning with derek scally, who is from the "irish times," and says brexit is merely a symptom for a long deep-seated eu illness. also with us is alan posener, a regular commentator for berlin who believes" that brexit would be a catastrophe that would lead to the dissolution of the european union. and welcome to ulrike herrmann, a business editor and writer at the "tageszeitung," who says a brexit would not be as bad as it seems for the eu because the british would be forced to adopt all the key eu loss. say a disaster might be just days away. tell us about the disaster. alan: the disaster goes like this. britain leaves. aere is a disaster, in that man like boris johnson might become prime minister, which is disastrous for britain. talk about europe. camp in places like france, 61% of the popul

the eu. i'm max foster. >> yes you are, and i'm becky anderson. the rest of the world is rushing with reaction to what's known as the brexit. foreign ministers from each of the six founding eu member states are set to meet in berlin this hour. and a half an hour from now, scottish officials expected to hold a cabinet meeting. >> crucial one, that one. political wheels are turning in the wake of the vote, but the world economy is suffering a bit. markets down across the board. some investors are in crisis mode. if you look at the different markets. >> all while britain prepares for another change. a new prime minister. david cameron called it quits on friday after losing the push to stay in the eu. our international diplomatic editor nic robertson standing outside 10 downing street. >> also atika shubert live in berlin. what have we got in terms of crisis meetings in europe today? >> reporter: well, germany is hosting the meeting of foreign ministers here of the founding eu members. germany and france, of course, the big ones. but also belgium, netherlands, luxembourg, and italy,

, there are some 3 million eu migrants in britain. far too many, say the eurorosceptics.. one reasonon they want britain o leave the eu is to stop further migration. >> exit from the european union. >> people are being drawn here because of our high rate of benefits. we earned those benefits. we earned the right. wewe re-invested in ourselves, that's why this country is a great country. >> w what can we lose? what have we lost? we've lost a lot. all our industries are gone. it's not britain no more, is it? >> it's too much a mixed bag. >> and we are attracting too many people. yes, t the wrong people, the wrg kind. >> the eu opponents are popular here. many britons believe the eu's policy of free movement of labor is wrong. jonathan: i hope that the eueu implodes. it's an artificial construct. we face 2 tyrannies in this country. one is islamic fundamental terrorism.m. the other is the tyranny of euroropean bureaucracy, which is imposising rules and r regulatin upon us, t that we have little control ovover. >> so what w would a brerexit mn fofor boston's polish comommuni they come to s

remorse spreading across britain. they are looking for a way to stay inside the eu. the biggest related class action settlement in u.s. history. olson -- full citable pay $15 billion settling lawsuits related to the carmaker cheating on admissions tests. it's good to have you with us. we start from breaking news on turkey. the turk's justice minister saying 10 people have been killed at the sunnis -- cities airport. explosions were followed by gunfire. istanbul has suffered a mber of bombings and popular tourist areas. those attacks were linked to the kurdish separatist and islamic state. i want to bring in our correspondent. good evening t to you. what more can you tell us? >> is difficult to find facts at the moment.. there were two suiuicide bombe's that were trying to enter t the internatioiol arrivals t tminal. they detonated their explosivevs causing absolutete carnage. at least 10 people havave been kikilled. the numbmber could be e far hig. at leaeast 40 people had been injured as well as well. it has caused a great deal of damage and absolute devastation. it is one e of

fighting the last one, which brings me, finally, to the real risks that the eu proposes to security which is obviously closely tied to american security. the two issues that are fuelling are fairly simple ones, that we understand pretty well on this side of the pond, economic security and immigration. while are predicting economic disaster for great britain, the reality is that while there will certainly be repercussions, the only certain disaster would be remaining in the eu, which is turning out to be nothing more or less than an economic suicide packed for its members. if the united states can salvage one independent strong economic partner from the eu, we might consider that an opportunity rather than a calamity. and then there is immigration, the eu has been an active component that has been enabled from the middle east that have resulted in a significant radical islam problem on the continent. member nations who have recognized this issue and elected conservative governments pledging to counter such as poland, have been vilified. but the fact of the matter is that this is a signific

jeremy corbyn want to stay in the eu, but some in the government, including former mayor of london boris cited with the leader of the u.k. party promoting eu departure. he believes the european union has run its course, that it is time for the u.k. to step outside. saynst him are those who leaving the eu could be a folly that would cost them and their children dear. in poland, a giant eu flag was hung on the side of the museum of culture in warsaw, another two at this austrian museum sameenna, projecting the message as this a flag draped over the statue of michelangelo's david, pleading "please don't go." the world has had its say, too. president obama of the united states, russia's president putin, the president of the european commission all have spoken, but it is hard to judge how the views of foreign leaders will play with the stubborn and independently-minded british. >> i think it will be a disaster for this country to go out of >> >>. europe is part of our life. >> we have mep's, but i don't get to see what they actually do. >> i am not quite sure. i don't think david camero

discussing u.k. membership in the eu and the global implications of the referendum. >> the program on the heritage homepage for everyone's reference following presentations today. hosting our conversation is to coffee, he directs the research for the and the former soviet union at the western hemisphere. he previously served as the margaret thatcher fellow before joining us here at heritage. he served in the united kingdoms ministry of defense. known for working in the house of commons. he has served as in the united states as an officer stationed in italy. please join me in welcoming him. luke? [applause] luke coffey: thank you for joining us to discuss this important issue about the future relationship of britain with the european nation. for americans who believe in the idea of economic freedom, direct relations. diffusion of power and transparent and good use of taxpayer money, power and decision-making brought down to the lowest level possible, many developments we are seeing in europe should come as a shock and concern. the 1950's, -- has morphed into a super organization that t

headquarters in europe. i am mark barton. the first prime minister is talking with the eu. stirredturgeon also another scottish referendum is a real for -- real option. >> an independence referendum is clearly an option to be on the table, and is very much on the table. and to ensure that that option is a formidable one in the required timetable, steps will be taken now to ensure the necessary legislation is in place. cabinets this morning formally agreed that worked. -- formally agreed that worked. mark: there's a call for britain to sell out its view on the future time with you europe. about -- youed will meet the prime minister of france and italy on monday to discuss the uk's exit from the eu. the quick brexit process is needed. beating after a meeting in berlin, germany's frank-walter steinmeier said the country make commitments to hold the eu together. france's minister said they need to leave immediately. looking at a market moves yesterday, there were some sterling full in the most on record against the dollar to the lowest level since 1985. it has dropped as much as 11%. the most inck

continue our special coverage of the united kingdom's decision to leave the eu. >> and the dust is starting to settle in britain after what was an historic day, the world getting a clearer look at some of the consequences it can expect from this decision. >> foreign ministers from six founding countries are meeting and wheels are turning within the uk, as well. >> scotland holding a cabinet me meeting, saying another independence referendum is likely on the way. >> and hollande and ban ki-moon said they would remain strong ties with the uk despite their decision. >> translator: it is democracy, but at the same time, we need to draw all the conclusions and consequences within the framework of the european union and the participation of the united kingdom. we now have to organize this separation, but we have to do this in the right order and following the rules which must be uimplemented. we also must maintain our relations with the united kingdom particularly concerning questions of migrants, refugees. united king tomorrgdom and euro union now will have to undertake intense discussi

. >> my inclination would be to get out, you know, go it alone. it's a mess. >> to leave the eu would send a signal to the elite that political class, the bureaucrats, that they can only go this far. >> we can vote to take control of our country back. we can vote to get our borders back. we can vote to get our pride and self-respect as a nation and who we are as a people back. >> the idea that we can do better by staying in the eu i'm afraid a sham, a snare and a delusion. >> brits don't quit. we get involved. we take a lead. we make a difference. >> if we vote leave, and take back control, i believe that this thursday could be our country's independence day. [cheers and applause] deirdre: polls are just closing now in the u.k. at issue, whether the uk will leave or stay in the eu. this is risk and reward. i'm deirdre bolton. as soon as we have early indications of the results we'll bring them straightaway to you. it's a decision that has global repercussions. if you invest we'll tell you how it will affect your money. fox business's team has you covered. we'll bring you first to lond

questions about u.s. policy will interact with the eu. with.s. policy with trade the eu in london separately will interact. in the economic and political shockwaves that will continue to reverberate into the u.s. economy. host: are there any other current trade deals are trade issues that are directly affected between united states and members of the european union? guest: there is a long-running negotiation with the transatlantic partnership. there are questions about how that will be affected. was not just on security issues and not often seen i die with washington. well, so the u.s. -- those negotiations may be more difficult now without the u.k. in the eu. host: as far as the united states financially, what should be expected long-term as far as this decision? we saw the initial reaction of the stock market. is this a continuing thing? beside the initial reaction, the uncertainty of what is going to happen with the eu/u.k. relationship. how will that unfold? that weighs on investor's sentiment and consumer sentiment. it will weigh on the dollar as well. all of that will contin

berlin. a vote in favor of leaving the eu has thrown british politics into a tizzy. the prime minister and leader of the remain camp is stepping down. >> everything i can to steady the ship over the coming weeks and months. i do not think it would be right for me to be the captain that steers our country to its next destination. >> cameron aims to hand over to a new leader by october. coming up, and go it a turning point for the european unity process that warned against drawing hasty conclusions. she will meet key leaders monday. and local market selloff. the dow loses 500 points. germany is key index plummets 10%. welcome to the program. britain, europe in the world is coming to terms with the historic decision to leave the european union. just over half, 52% voted to go it alone. it was called by david cameron. after it did not go his way he announced his resignation. >> if leaving the european union wasn't enough, britons will get a new prime minister and perhaps a new leader of the opposition. as scottish nationalists say they will do all it takes to stay in. the result l

european union. >> as we hear there, the united kingdom voting to leave the eu and the implications are massive. world markets tumbling. wall street set for a steep drop this hour. and prime minister david cameron says he'll resign. >> the british people have voted to leave the european union, and their will must be respected. >> meanwhile, donald trump landing in scotland to open a resort but also weighing in. >> i think it could be a great thing. basically they took back their country. >> we've got all the angles of this covered. the historic decision will have ripple effects. what it means for american security. the 2016 election and your money. want to start with keir simmons in london. a lot of people waking up to this important news. and the uk striking out on its own. explain how close this vote was and if there's going to be contagion within the eu. >> thomas, it was close. it was very, very close. about a million votes between the two sides. the implications, people just don't know. that's why you're seeing stock markets drop. you're seeing the british currency tank because the

>> the brexiteers get shy. the leave campaign softens. >> a dismembered eu changes its tone. how can the eu keep its credibility. sufferasset classes whiplash. ♪ francine: welcome to our bloomberg it special. i am francine lacqua with jonathan ferro. jonathon: the city of london is probably happy it is the weekend, because the market is closed. francine: they are watching us. they are raising analyst reports, trying to figure out how monday will pan out. jonathon: shall we get you up this bead on how the carnage laid out. beginning in equities. the ftse closing down the three percentage points on this day. the big carnage was in mainland europe you the dax down 6.8%. the biggest one-day drop since 2008 and the biggest one-day drop on record for the european banks. at a 99ar-yen yesterday handle at one point. a big stand out the bond market and i will whip you through. down 14 basis points on bonds. francine: the problem is that there are so many angles. we have to look at the european union. how or if they are negotiating. we heard they want to kick out the u.k. and the politic

the immigration voters. the leave campaign softens. jonathan: a dismembered eu changes its tone. how can the eu keep its credibility without losing growth? francine: all asset classes suffer whiplash. on this historic day, central bankers convened. ♪ francine: welcome to our brexit special live from bloomberg european headquarters. i am francine lacqua with jonathan ferro. what a week we have had. jonathan: the city of london is probably happy it is the weekend, because the market is closed. francine: they are watching us. they are reading papers. they are raising analyst reports, trying to figure out how monday will pan out. jonathan: shall we get you up to speed on how the carnage laid out? beginning in equities. the ftse closing down three percentage points on this day. actually finished higher on the week. the big carnage was in mainland europe. the dax down 6.8%. the biggest one-day drop since 2008 and the biggest one-day drop on record for the european banks. the fx market, the biggest they drop of all time to a 30-year low. the dollar-yen yesterday at a 99 handle at one

leave eu. those other front pages you will be seeing this morning. nicole: breaking news, britain voting to leave the european union, shocking global markets and we are seeing them up off of the lows overnight, the british pound plummeting, david cameron saying he will resign by october. ashley webster covering it step-by-step throughout the evening live in london with the latest, 17.4 million brits voted to leave the eu. what is the mood like and what happens next? ashley: good question. shock and stun are two words that come ton mind, the last 24 hours we all got the sense the remain vote had done enough to win him of the polls suggested that but in the end, not over till it is over and sure enough the leave campaign were victorious. david cameron clearly was out in front of this campaign, said that it would be much better for the uk to stay in the eu, safer, stronger, makes more sense, stronger together was a mantra but it wasn't to be. people wanted to see the uk win back its own sovereignty, power to make its own laws. david cameron coming out of 10 downing st. bitter morning for hi

live at eu headquarters in brussels. francine lacqua and westminster. -- in westminster. eu leaders significantly concerned. no real signs of hostility between the leave campaign and eu leaders. the tension on the timing of when this process to leave the eu actually begins come any sign of when that will actually start? well, it will start on monday. the process of the soul-searching within the n'anyean union -- there is tension becauset the european union's history. what they're really concerned about going forward is other countries within the european union leaving the eu like the u.k. has. morning, weund this heard from politicians in three different countries, the netherlands, france and italy all saying that now, their country should also have referendums on their met that membership in the eu. they don't actually have the power to bring about this referendums. -- those referendums. the attention within the european union right now is on how to preempt that, how to convince those countries that the eu is so good, there's no need to have a referendum in their country. francine

the world as we continue our special coverage of britain's decision to leave the eu. from london, i'm max foster. >> and i'm clarissa ward. >> we're closely following fall-out from the vote. the secretary of health has just resigned in the last half hour. the labor party needs a new leader. alexander says that labor leader jeremy corbin does not have what is needed. >> he was planning a coupe from corbyn. >> who says there's no resignation of a democratically leader. hillary ben is a crucial player in his cabinet. >> labor leaders have criticized corbyn for not campaigning hard enough to remain in the eu. some labor politicians are calling for his resignation. corbyn says he's not gog any -- going anywhere and he will seek re-election. >> our policies on trade, economy, and migration will have to change in light of the referendum vote. labor will fight that our ensure our agenda is at the heart of the negoations or withdraw from the european union that lie ahead. including the freedom to reform the economy to work for all and whoever leads the government is held to account -- to

. uk's membership of the eu hangs in the balance as politicians enter the final day of campaigning ahead of the vote. the current mayor of london, sparred in a debate last month over an impact of debate in britain. >> i think the countries around the world, more than 60% of the worlds companies, sony, aig insurance, bloomberg, have offices here. broioris: i think we had an amag amount of running down. the astonishing thing i think underestimate our ability to do better deals if we are not to do it on our own. businesses to small businesses, labour party mps argued leaving the eu is for the better. >> the bank of england as said that 10% has a suppression of 2% on wages, but small businesses are better off to take back control from leaving. >> hong kong's richest man has told bloomberg that corporate taxes should be raised to help tackle wealth inequality. he says that a height of 2% can be used, though he opposes higher taxes on individuals. 13 economists polled by bloomberg to be the next entry in central bank governor, he is typically the finance ministry. been on the dovish side

the eu, the leave campaign, also making a final push for votes. >> the remains continue to underestimate our ability to do better deals if elected to do it on our own. >> and several bankers also adding their voices to the mix. we've got the fed saying they're getting prepared. >> the uk vote exit the european union could have significant economic repercussions. >>> brussels watches on as brexiters push immigration to the forefront of the debate. it could cost europe dearly. >> very few people who came into europe last year would have qualifiy eied as refugees. as i said, i think mrs. merkel made one of the worst policy mistakes in postwar years. >> so 24 hours before brits head to the polls. lacking direction as caution reigns. ♪ >> so, welcome back here, we've been sitting on the river thames. >> somewhere on the river thames. with a very large building in the background. >> which may or may not be the palace of westminster. >> for most of the morning. it did start out relatively sunny, in case you're interested in the weather for central london. >> it's a bit overcast,

. while eu leaders want the process to leave dealt with immediately, it's not looking like that will happen. nhk world has the details. >> reporter: in the wake of the uk choosing a british exit or brexit, the eu is saying get on with it. the foreign ministers of six eu nations agreed to urge britain to begin negotiations as soon as possible. they say they want to prevent a long period of uncertainty. >> translator: great britain has to outline what kind of relationship it wants to have with the eu in the future and then we, the 27 members, will have to decide to what extent we can correspond to their vision and what our own interests are. >> reporter: but on the uk side, it's a different story. the vote is causing political chaos, and all sides are saying that leaving the eu will take time. >> there's no imperative on us to serve the notice at any particular time. the referendum is an internal matter. >> reporter: about 52% of voters opted for the uk to leave the eu in last week's referendum. shortly after the results came the first political casualty. british prime minister david c

♪ announcer: this is "dw news" live from berlin. >> the clock is ticking to the eu referendum. david cameron says brits don't quit. the outcome is finally balanced as the leave and remain side take part in one of the final tv debates of the campaign. we go live to london. it russia out of the rio olympics? the international olympics committee backs a band for track and field sports, but opens the door to individual russian athletes who can prove they are clean. germany come out with guns blazing against northern ireland and go through to that knockout round of euro 2016. ♪ >> it is good to have you with those. there is over one day to go before british voters decide whether to stay in the european union or to get out. leading members of the two sides have face-off in a television debate tonight. three members from each camp argue their cases in front of 6000 strong audience in wembley arena. the topics the economy, immigration, and britain's place in the world. former london mayor and leave campaigner course johnson had this warning. -- boris johnson had this warring. ning.

eu it's so interesting to see this play out. people are saying it would close and won't actually happen, the uk won't leave the eu. we're seeing a number of these outlet's projecting that the uk has voted to lead the european union. as we said, this is history in the making but people in the u.s. saying if this happened there, is there a possibility we can see a change here in the united states? >> well, you think about that. you go back in history a little bit. there was a revolution, a conservative revolution in the united kingdom about 30 years ago, the election of margaret thatcher and there have been many that compared this vote to thatcher's election. some of the same anger over economics and many parts of the united kingdom. >> over national security. so big now. >> yes. national security that thatcher was very strong in. you had the election of reagan who many compared trump to. whether or not those parallels now. history never exactly repeats itself, but it often rhymes as mark twain said. >> i'm interested to see what david cameron says. we're waiting for him to come sp

brexitome to a special update. the scottish minister called the talk with the eu in the wake of the u.k. brexit vote. speaking after a meeting of the say a scottish referendum is very much close on the table. she also said the government will set up an advisory panel on the legal and financial issues of such a move. german chancellor angela merkel has spoken out again this morning on the uk's vote to leave the eu. she says britain needs to set out the future ties with the body, and she discussed post brexit ability and her party meeting. she says she wants good, factual brexit negotiations. the leader of the uk's labour party has ruled out supporting a second brexit referendum. jeremy corbyn made the comments in this speech when britain voted to easily the you -- to leave the eu. he said he could not leave the farage debate to nigel and boris johnson. he also spoke about his future in the labour party. >> if there is a leadership contest, will you run again? >> yes, i am there. thank you. [applause] john h.: as the financial services commission -- mark: johnson has stepped down from

succeed. thank you very much. the uk's decision to exit the eu is a topic likely to come up this week when the prime ministers takes questions from members of the house of commons. watch live on wednesday at 7:00 eastern on c-span two. more on the boat and the and back on the financial market from today's washington journal. our first guest of the morning is ian talley of the "wall street journal." brexitere to talk about or the decision by britain to separate from the european union. your paper, if you take a look at the website of the front page, the headline on the website, is your reaction to brexit. it shows rifts. guest: there are questions about trade relationship in the political relationship. the special relationship in washington with london won't disappear. there is a very long history there. there are more questions about u.s. policy will interact with the eu. with.s. policy with trade the eu in london separately will interact. in the economic and political shockwaves that will continue to reverberate into the u.s. economy. host: are there any other current trade deals are

eu referendum on the 23rd is just eight days away, marking them off as my calendar goes. we have a series of charts illustrate how the market is looking at the story right now. manus: we have. look, no doubt about it. let us talk about a pound, the only currency in 2016 that is actually declined. if you want to understand the risk reward, and the size of the betting against the pound, take a look at this. what you have is the premium sales sterling at an all-time high. that is what the top right of the chart is telling you. the premium to sell over the premium to buy, standing at 9%. now that trumps anything we have seen, scottish referendum, back with margaret by recession. 25 billion pounds, the jordanian economy, and i have not gone into the middle east, i can give you an example in europe. that is half the size of luxembourg economy. 11 billion pounds betting against the pound in march, and if you cannot afford the volatility of the pound, do not worry. you can always short the euro. repe seeing a mini prieve, would last as we get on to first word? mini-repreive seems to be the

leave the eu and talk possible trump running mate newt gingrich and clinton manager robby. >> ceu later. the british is smoking and they want out. they want out from the european union. the historic vote sending shock waives across the globe. and here in the united states your wallet is feeling it. democrats trust day for u.s. stocks. not just stalks. the brexit vote could impact our 2016 election. the parallels between donald trump and the leave movement obvious. newt gingrich tweeting. this people were sick and tired of elites in london dictating to them populist insurgency very similar to the u.s. the speaker goes "on the record" in just minutes. john bolton, maria baltimore and baltimore,. >> i will do everything i can to steer the ship, but i don't think it's right for me to be the captain that steers to the next direction. >> i want to assure everybody britain will continue to be a great european power leading discussions on foreign policy and defense and intelligence sharing and all the work that currently goes on to make our world safer. >> the eu is failing. the eu is dyi

has claimed responsibility for the attacks. >>> britain's prime minister and his eu counterparts have failed to set a timetable for negotiations over britain's exit from the eu. david cameron briefed other leaders on how the british people voted against britain's eu membership last week. he also explained his thoughts on exit negotiations with other eu members. cameron told reporters after the session that the leaders had constructive talks and that britain wants to build the closest possible reconciliatila the eu even after its exit. >> that decision to trigger article 50 will be for the next british prime minister and the next cabinet, i would suspect after they've made that decision about the outcome they want to pursue. >> it is the british government who initiates this divorce process. i mean, of course the notification. there's no need to speculate about this. if they need more time, we have to wait. i think it's not the best solution for the uk and for us as well. but in fact this is the only legal way we have today. >> leaders of the 27 other eu member nations excluding b

eu. he says he will step down by october. >> i will do everything i can as prime minister to steady the ship over the coming weeks and months, but i do not think it would be right for me to try to be the captain that steers our country to its next destination. a negotiation with the european union will need to begin under a new prime minister. and i think it's right that this new prime minister takes the decision about when to trigger article 50 and start the formal and legal process of leaving the eu. >> article 50 of the lisbon treaty stipulates rules for eu exit. cameron has been in office since 2010. he said he wants the new prime minister in place by the time of his party's conference in october. he reassured britons and europeans that despite the referendum result there will be no immediate changes to their lives. election officials say 51.9% of voters in the uk chose to leave the european union and 48.1% voted to remain. prime minister cameron had campaigned to stay and said a decision to leave would damage the country's economy. people against staying in the eu say it impose

difficulty is that you are in the ea you have to subscribe to the rules of the eu and that means also paying your dues. the problem is if you are in and the eu you are just on the receiving end so that's less democracy. that we have word coming from germany did german 10 year bond hit a record low. >> for the benefit of viewers who don't follow finance for a closely when a country has a negative interest rate rate when you lend money to the government you don't get it all back. you don't get interest back and in fact they keep the peace of your money confiscation. that's a negative interest rate and that this moment time somewhere around seven gillian dollars worth of wants paying no interest in fact uk the issuer to keep some of your money was an extraordinary deal. and listen to this, this just came in. the yield on america's 10 year treasury has come all the way down to 1.45%. if you know anything about finance that is extraordinary development. i was on the air yesterday morning, thursday morning on the fox business network. the yield on that 10 year treasury was 1.74%. it is now 1.45%.

. >> that's it for this edition of ion africa. ♪ the main world news headlines. eu in brussels and says there will be no trigger of article 50 till he is replaced as prime minister. he was in europe fighting this all very hard to digest. widely criticized for his lack of leadership over brexit the pay opposition leader jeremy corbyn lost a vote of confidence but he says he will not step down as labor party leader. teargas against protesters in paris. another march against reforms. >>gely passed off ♪ thank you much for being with us. we begin with the breaking news coming out of turkey. there has been two explosions in istanbul. they went off at the international ataturk airport. there are reports of several people injured. witnesses say there was gunfire coming from a car park. taxis are being used to ferry the wounded to hospitals. jasper: he is just given a press conference and said a terrorist entered the international where onet the point has to put one's luggage through the x-ray machines he opened fire spraying everybody in sight. with gunfire. then he detonated himself. he was

coverage of britain's landmark decision to leave the eu. i'm max foster. >> and i'm becky anderson. the immediate reaction has been chaotic, especially in the economic sector. world markets have fallen sharply after the decision, and the british pound dropped to historic lows. >> the political turmoil has been swift and severe as well. british prime minister david cameron bowing out. he's set to be replaced at 10 downing street by october, he reckons, but there's no telling who will take up that mantle just yet. >> that's right. meanwhile, foreign ministers from the six founding eu member states are set to meet in berlin in just under an hour's time. the international diplomatic editor nic robertson is standing by in london. >> but we're going to start actually with atika who's in berlin because all eyes on mainland europe now, right, atika, because they've got to find some sort of solution to get through this? >> reporter: absolutely. it's all about the reaction here on the continent. and what we have today is foreign minister walter stein mire. he's meeting with, as becky noted, the f

next step forward. jones: they try to put a plan in place. this was the 27 eu leaders meeting here in brussels without the u.k.. an unprecedented meeting of the first time since the u.k. joined the eu, to have such a meeting. they cannot do a lot in terms of detail but they are trying have an orderly way forward. they are trying to keep things calm in the market or restore calm to the market. it is a challenge it woodhead george soros -- we had billionaire george soros. the refugee crisis is part of the thing that caused brexit. francine: we are hearing some michaelm the bbc, that government is to run a challenge . he is wanting to become premier by becoming the head of the tory party. he is challenging theresa may and morrison johnson. there is controversy surrounding michael. i don't know how you feel it from over there but he said scotland should be of the set up its position on eu membership. i think the problem here is the eu leaders feel like at this point they need to be talking with the u.k. they are very happy that scotland voted to stay in the eu, so that is a positive thing

are encouraging us to leave the eu? just one! all of them are saying we are safer together. johnson: the best place for 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 a 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

sector wide price cuts. the brexit tragedy is no longer -- might be buyer's remorse for the eu block. >>> good morning everybody. and welcome to street signs . really glad you're with us today. we're head lg towards the end of the week. last day of the quarter as well. maybe wrapping and you happen repositions of the books out there. stocks pointing just a little bit lower t. cause this morning were relatively flat. two days of pretty phenomenal strength. the ftse wiping out post direction losses. higher by 3% yesterday. today that's the case. just take a look at the markets in the various sectors out there you're looking here at a little bit of red creeping back on the screen. banks leading the way lower. technology higher. industrial and chemical ks the ftse off a quarter of a percentage point at the moment so just reserving the gains we saw yesterday. cac hanging on to green: ftse mib. central banks will come to the rescue regardless of what and the we're looking at maybe a little bit of risk asset on trade taking place given the selloff we saw on friday on monday. the stock share

had agreed that their assault of the eu referendum must be accepted but he would not be pressured by european leaders to trickle -- trigger article 50. >> i have spoken to another -- a number of european leaders. we have discussed the need to prepare for negotiations and in particular the fact that the british government will not be triggering article 50. we need to determine the kind of relationship we want with you. that is rightly something -- elation chip with the eu. -- relationship with the eu. reporter: the opposition is facing open revolt from within. they are calling for a new leader. he incurred -- he encouraged his party to stick with him to give the british people stability. >> our country is divided and the country will thank neither those in front of me or behind for indulging in maneuvering at this time. reporter: earlier, the man in charge of britain's economy tried to spread calm and confide nce. >> it will not be plain sailing in the days ahead. but you should not underestimate our resolve. we were prepared for the unexpected and are equipped for whatever happens. a

to calm the markets. as you can imagine the reaction from other eu leaders has been one of distress, the german vice chancellor saying this is a terrible day for the europeans, bad day for germany, bad day for britain so what will be the repercussions? where do the ripples go? will it start a domino effect? polls in the netherlands and denmark show they want a referendum because they believe they would like out. is this the beginning of the end? we have to see. maria: we will get back to you as news develops. let's get to to kt guttenberg from munich. thank you for joining us. you are the former german economic minister under angela merkel. when we spoke to you earlier in the week you had some optimism the uk would stay. how are you feeling today? >> reporter: i feel terrible for europe, i feel terrible for the uk and germany as well. it is a result which leaves the european union sat her. we will face extremely complicated months ahead of us. the decision of cameron leaves us with a leaderless uk for the next months to come where we have to come to conclusions. it is a difficult da

believe a large margin britain will vote to stay in the eu. that is what we're hearing. i have been out and about interviewing people. cosmopolitan, extreme remain crowd. even anecdotally it is 50/50. whether the bookies are right, polls are right, i can't tell you. we'll know three a.m. london time. 10 a.m. new york time where this goes. and listen, if the markets priced in remain vote, here is where it gets interesting, if there is something that surprises markets, if there is a "brexit" tomorrow, it will be a wild day not just for the uk markets and pound but u.s. markets. we'll see turbulence and massive selling. my survey, my channel checks of wall street firms, banks, hedge funds, some. mutual funds, even the exchanges they have manned up or personned up to be politically correct, they have extra staff on hand. nyse has circuit breakers in case there are wild swings in the market. everybody is expecting to to be a remain vote which doesn't change the dynamic, it is business as usual but just in case there is "brexit", britain exit, people have manned up and womaned up. bookies say

polls to decide whether their country will remain in the eu or leave it. the outcome has enormous implications for both u.k. and europe and that uncertainty is left financial markets on edge for months. we have the view from both london and brussels in just a moment. first, a closer r look at what s at stake. reporter: are we in or are we out? after 43 years in european union, britons are deciding today whether or not to remain a part of the eu. a vote to leave will have a huge impact on europe and will be felt around the whole world. a record 46.5 million people have registered to take part. how many actually cast a vote remains to be seen. rain and bad weather has affected large parts of the country. in london, severe flooding caused delays at polling stations and even forced some to close or relocate. but despite the rain, the election seems to be well attended. the issue has divided the nation. those in favor of a split argued britain has lost control of his lawmaking, especially when it comes to issues such as migration. others disagree. >> i think there are a lot of benefits

the eu. francois hollande, the french president, says while he is disappointed with the vote, he will respect the decision of the british people. hello, i am an that young. welcome to "france 24's" special ongoing coverage of the decision by great britain to leave the european union. as we now know, 52% of the population voted yes to leave, with 72% of brits turning out to vote. it was the largest turnout since the 1992 general election. nigel for roger, the man behind rage hasaign -- nigel fa declared independence day. prime minister david cameron says he will step down. the british pound dropped to the lowest level since 1995 while the result has caused panic across the world's stop mark. -- stock market. questions are now being raised about the future of the european project. however, eu leaders say britain will remember -- will remain a --ber of the block politicians in northern island and scotland -- in northern ireland and scotland are raising the possibility of a vote to leave the u.k. let's listen to what british prime minister david cameron had to say. david cameron: i will d

thing? are we frustrated? do we want to rethink being part of the eu and could we do what the u.k. is doing and what does it mean globally? that's a huge question here. >> they call it brexit. >> i guess that is what you call it here at 1:00 a.m. eastern. >>> we break in now with a fox news alert. our sister network sky news projecting that the u.k. is in fact going to leave the european union. this is something will be talked about for a long time. we're trying to compare it to something in history that might make sense. there's nothing like this that we can compare it to. look at the markets. they are going crazy. a lot of uncertainty and shock. it is 6:00 a.m. right now in the u.k. people waking up to this news. many people who voted to leave the eu unsure that that would actually win. we knew it would be close but i think a lot of people were predicting it would stay with the eu and this would be something talked about and it would go back to normal life today. that is not, in fact, the case. this is huge news. >> this is huge news. a couple of hours ago, nick, the leader of t

eu did not win by an overwhelming margin. a lot of people are worried about the future and worried about jobs and all the stuff they have been hearing about from the established politicians and the established media that this would lead to an economic downturn. the celebration is the other side. and obviously that's 52% of the vote. what they are saying is this is a chance for britain to take control its sovereignty, leaving the eu, leaving the fact that they no longer have to answer to a bunch of bureaucrats in brussels is a good thing. they can enact their own tax policy and it will more than make up for the handouts with a lot of british financial newt and thatcherrism. this mr. play out for the weeks, months and years ahead. the u.s. markets will decouple from this in a couple days. but from the story here, what leaving the eu for the uk. for the pounds and european and global stocks, it will go on for a long time. charles: back to the u.s. markets. it all has to do with this uk voting to exit the eu. for a longer-term drop, the happening here? will this continue going into nex

-called islamic state. the leave campaign in britain's eu recommended -- eu referendum has been growing in polls. it has also been given a boost by the country's biggest selling newspaper. "the sun" today announced its support for the brexit. that creates fears for u.k. citizens who live outside the u.k. we spoke to residents in berlin about what brexit might mean for them. >> arthur taylor vince the image of an ideal european. born in england, he owns a business in germany and his partner is from finland. his british passport is a problem. if the brexit referendum passes, he would no longer be an eu citizen. he would need to apply to both work and residency permits, even knowing of their business with over 30 staff. >> it is frightening to know that my fate and the fate of the people that work here depends on people who aren't in -- aren't even aware of what we're doing, necessarily. >> that is why arthur is trying to figure out how to get a german passport. he only has is, it is important for his son, chester. at least the -- at least one of chester's parents needs a passport, and his