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Jun 24, 2016
06/16
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MSNBCW
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/eu open skies agreement. on the national security front, the intelligence sharing between the uk and america is instrumental. the uk will have less access to greater european intelligence. kristen welker, how is the white house reacting to this? the president wasn't for the brexit. >> this is unwelcome news from the perspective of the obama administration. no doubt about that. we haven't gotten an official statement from president obama yet. he's currently out in california for an entrepreneurship summit. we got an initial reaction from the white house which reads the president has been briefed on the incoming returns in the uk referendum and he will continue to be updated by his team as the situation warrants. he plans to speak with outgoing prime minister david cameron soon. i anticipate we'll hear from him at some time today. of course, he needs to be quite measured in his comments. but, thomas, as you rightfully point out, this is something that the u.s. was hoping wouldn't happen. for all those reasons y
/eu open skies agreement. on the national security front, the intelligence sharing between the uk and america is instrumental. the uk will have less access to greater european intelligence. kristen welker, how is the white house reacting to this? the president wasn't for the brexit. >> this is unwelcome news from the perspective of the obama administration. no doubt about that. we haven't gotten an official statement from president obama yet. he's currently out in california for an...
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Jun 27, 2016
06/16
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CSPAN
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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 continue to wait on the u.s. economy and the global economy for a long time to come. i don't expect the type of most we saw last week will continue to happen over and over again. we may see some more moves in the next several weeks. of move, i don't think we are in the same crisis. i don't expect that at all. host: visited him -- there are stories in a paper saying the eu setetting on this quick, or a more exaggerated timeline of the united kingdom or britain wants to, does that play into how it affects us? guest: absolutely. any uncertainty will cause business leaders t
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 continue to wait on the u.s. economy and the global economy for a...
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Jun 23, 2016
06/16
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KQED
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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 cameron has given a strong enough argument for why we should stay in, but it
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...
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Jun 26, 2016
06/16
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KCSM
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if britain left the eu, chesta and his parents would no longer have been eu citizens. chesta doesn't understand why so many people in britain support the brexit. chesta: i think they said it's because europe is undermining their power or something. i don't think there's any reason for england to leave europe. >> martin gordon moved to berlin from london 18 years ago to work here as a music producer. martin: i didn't consider that i would end up being german as a result of having lived n berlin. and as you know, the english have a rather curious relationship with the germans. but i am. >> gordon received his certificate of citizenship a few days ago, after filling out numerous forms and taking a citizenship test. he also had to take a solemn oath. >> i had to swear not to overthrow the german constitution by force. >> gordon is familiar with german red tape. he even wrote a song about it a few years back, "only one dream per person." the song describ how germans would organize paradise if they were to run it -- very efficiently, of course. positive to say about his home
if britain left the eu, chesta and his parents would no longer have been eu citizens. chesta doesn't understand why so many people in britain support the brexit. chesta: i think they said it's because europe is undermining their power or something. i don't think there's any reason for england to leave europe. >> martin gordon moved to berlin from london 18 years ago to work here as a music producer. martin: i didn't consider that i would end up being german as a result of having lived n...
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Jun 23, 2016
06/16
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FBC
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the eu has failed us all. we must break free of the eu and take back control of our borders. can they do it? next. ♪ there's a lot of places you never want to see "$7.95." [ beep ] but you'll be glad to see it here. fidelity -- where smarter investors will always be. if only the signs were as obvious when you trade. fidelity's active trader pro can help you find smarter entry and exit points and can help protect your potential profits. fidelity -- where smarter investors will always be. family road trip! fun! check engine. not fun! but, you've got hum. that's like driving with this guy. all you do is press this, and in plain english, "coolant", you'll know what's wrong. if you do need a mechanic, just press this. "thank you for calling hum." and if you really need help, help can find you, automatically, 24/7. because you put this, in here. hum by verizon. the technology designed to make your car smarter, safer and more connected. put some smarts in your car. >> when you look what's happened with, as an example the migration, when you look at things going on over there, my i
the eu has failed us all. we must break free of the eu and take back control of our borders. can they do it? next. ♪ there's a lot of places you never want to see "$7.95." [ beep ] but you'll be glad to see it here. fidelity -- where smarter investors will always be. if only the signs were as obvious when you trade. fidelity's active trader pro can help you find smarter entry and exit points and can help protect your potential profits. fidelity -- where smarter investors will always...
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360
Jun 24, 2016
06/16
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FBC
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the rest of the eu party never talked about leaving the eu but now they are. the majority there now wants to leave so we may well be close to an accident certainly in denmark a majority there are in favor of leaving so we could be quite close the exit and the same playa may apply to sweet and sweden perhaps austrian perhaps even italy too that the eu is failing on the eu is dying. i hope they throw the first brick out of the wall. a europe of sovereign nationstates trading together friends together but without flags and thumbs or elected presidents. what happens next? 70 million people it said we leave the european union. we now believe that wrecks the government, government that begins the renegotiation of our trade relationship a government that will be mindful that are ready that german manufacturing car manufactures have said let's get on with selling motor cars and wine and cheese with each other. at the same time using the opportunity of wrecks that and the opportunity is we are now freed to start making our trade deals and associations with the rest of
the rest of the eu party never talked about leaving the eu but now they are. the majority there now wants to leave so we may well be close to an accident certainly in denmark a majority there are in favor of leaving so we could be quite close the exit and the same playa may apply to sweet and sweden perhaps austrian perhaps even italy too that the eu is failing on the eu is dying. i hope they throw the first brick out of the wall. a europe of sovereign nationstates trading together friends...
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Jun 17, 2016
06/16
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LINKTV
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we would be no longer part of the eu, but to trade with the eu, to have economic contact with the eu, they would be forced to implement european laws, and the only difference is they would not be able to take political part in deciding on these laws. alan: it is a german fallacy, that since the days of karl marx, who was a very german person, that economics determines everything. ulrike: it does. alan: europe was a tightly knit economic unit before the first world war, and they threw it all away, they destroyed this, and we have not recovered since. europe, europe is totally capable of self-destructing once the demons of european nationalism are unleashed, and this is what is going to happen if the, if the brexit people win. that's what i'm worried about. if germans sit back completely and say, they will have to take their method in, like the german medicine, likedrig --their the german finance minister said, you don't understand how everywhere in europe except for germany itself, people's blood begins to boil at that. this is what is destroying europe. derek: i would be with ulrike a
we would be no longer part of the eu, but to trade with the eu, to have economic contact with the eu, they would be forced to implement european laws, and the only difference is they would not be able to take political part in deciding on these laws. alan: it is a german fallacy, that since the days of karl marx, who was a very german person, that economics determines everything. ulrike: it does. alan: europe was a tightly knit economic unit before the first world war, and they threw it all...
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Jun 29, 2016
06/16
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KCSM
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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 number 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 to you. what more can you tell us? >> is difficult to find facts at the moment. there were two suicide bomber's that were trying to enter the international arrivals terminal. they detonated their explosives causing absolute carnage. at least 10 people have been killed. the number could be far higher. at least 40 people had been injured as well as well. it has caused a great deal of damage and absolute devastation. it is one of the
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 number of bombings and popular tourist areas. those...
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Jun 21, 2016
06/16
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LINKTV
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staying in the eu. we have been talking to students to hear what they have to say about brexit. >> jane barker's 11th graders have clear opinions about the brexit. >> those in favor of the u.k. leaving the union, please put your hand up. >> two are for it. >> and those against. >> and all the rest are against. at the berlin brandenburg international school, the fees are high, but so are the standards. the student body is multicultural with pupils from 65 different countries. lessons are mostly taught in english. >> with somebody like to come up with a starting question and open the debate? >> jane barker has put the brexit debate in today's lesson plan. the teenager's arguments are engaging. >> the purpose is to unify the european nations and build a strong system and a strong bond, and breaks it would be a fundamentally good idea if england could negotiate very good trade terms with european countries because then they could do that as well as perhaps join nafta as, and then we could align ourselves wi
staying in the eu. we have been talking to students to hear what they have to say about brexit. >> jane barker's 11th graders have clear opinions about the brexit. >> those in favor of the u.k. leaving the union, please put your hand up. >> two are for it. >> and those against. >> and all the rest are against. at the berlin brandenburg international school, the fees are high, but so are the standards. the student body is multicultural with pupils from 65 different...
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Jun 23, 2016
06/16
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FBC
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for the eu to remain in. especially germ mans. why is angela merkel and so strongly for the uk remaining in eu. we are, a force for good. we are a force for free trade. we are a force for free economy. , if we're include we have very strong voice. we have a strong voice. if we leave, we are outside. we don't have that voice, still be affected by a lot of rules and regulations of the eu if we want to trade with them. ask the swiss, ask norwegians, exactly that position. so given reality of our economy, materiality of our political clout, we should stay in because we can be we have been and will be a force for good. >> let me answer that question about, you asked the question, why do some of the europeans want the uk to stay in. the answer to that is very clear. if i were european i absolutely want britain in. deirdre: uk economy is a star. >> because it is strong. not only that, deirdre, the uk is a big subsidizer of europe through the eu. the uk would save money and taxpayers would save money if they got out.
for the eu to remain in. especially germ mans. why is angela merkel and so strongly for the uk remaining in eu. we are, a force for good. we are a force for free trade. we are a force for free economy. , if we're include we have very strong voice. we have a strong voice. if we leave, we are outside. we don't have that voice, still be affected by a lot of rules and regulations of the eu if we want to trade with them. ask the swiss, ask norwegians, exactly that position. so given reality of our...
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Jun 30, 2016
06/16
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BLOOMBERG
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and a stay in the eu. but all of this is totally uncharted at this point and we still have to wait and see what happens. stuff.one jones, great it might actually take an act of parliament to trigger article 50. let's welcome wayne bowers. he joins me here in the studio. good morning. end of the week, it feels like it has been a long week. what do we need to know at the end of this week to make global equities, make global asset, seem investable? wayne: there are still some of the unknowns out there. the words "on target territory" -- the words "uncharted territory" are being used quite rightly. but also, the impact this has on growth, and business confidence. again, we are still in the very early stages of this. so, it is very much one way. we are saying to people, don't panic, but be careful and be ready. in terms of the flow we can see from a political news perspective, we believe there will be a lot of dialogue outside of official meetings. the negotiations may be 18 months away or two years a way, but
and a stay in the eu. but all of this is totally uncharted at this point and we still have to wait and see what happens. stuff.one jones, great it might actually take an act of parliament to trigger article 50. let's welcome wayne bowers. he joins me here in the studio. good morning. end of the week, it feels like it has been a long week. what do we need to know at the end of this week to make global equities, make global asset, seem investable? wayne: there are still some of the unknowns out...
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Jun 25, 2016
06/16
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BLOOMBERG
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the eu and the u.k. had decided to remain, the all too general treatment given in february by the other 27 to the u.k. would have created the temptation and -- in many other member states of the eu to say, ok, we too want to negotiate the ability to -- the conditions, in order to belong to the eu. exit is the worst possible scenario, i believe honestly, much worse for the u.k. than the european union. i believe the u.k. would be bitterly disappointed in seeing how long and how adventurous would be the street, the road to wards new agreements with partners of the eu, and how weak its domestic economic policies will be. at any rate, i see one, just one, but big positive to this , drama. >> what is that? mario monti: well, for the first time, it is very, very clear to everybody that you cannot play games with europe. without running serious risks. >> dr. monti, within that, you were at yale university studying under james tobin. is this the moment where we change the dialogue on italy's austerity, spain's a
the eu and the u.k. had decided to remain, the all too general treatment given in february by the other 27 to the u.k. would have created the temptation and -- in many other member states of the eu to say, ok, we too want to negotiate the ability to -- the conditions, in order to belong to the eu. exit is the worst possible scenario, i believe honestly, much worse for the u.k. than the european union. i believe the u.k. would be bitterly disappointed in seeing how long and how adventurous would...
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Jun 24, 2016
06/16
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FBC
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citizens of the eu are open to all nations within the eu or outside the eu. i don't think there will be any animosity. there will be questions. lou: since we are hearing from one political leader in holland in the netherlands that they want to have a vote, do you think other countries will follow the uk's lead? >> i believe there are movements within other countries, i read this morning that in france, what she called -- there is movement in that direction. lou: when you woke up this morning and learned the vote was to leave how you personally reacted? >> with shock and sadness. we were up late last night until the polling stations in great britain closed and we watched the commentary on german television and i woke up early this morning at 6:00 to discover it was likely britain would leave. adam: million say this is a momentous and victorious day. >> i am sad because i believe it is the wrong direction for great britain. i believe economically and culturally britain is better off in the european union. adam: stay right there. on merkel -- angela merkel will
citizens of the eu are open to all nations within the eu or outside the eu. i don't think there will be any animosity. there will be questions. lou: since we are hearing from one political leader in holland in the netherlands that they want to have a vote, do you think other countries will follow the uk's lead? >> i believe there are movements within other countries, i read this morning that in france, what she called -- there is movement in that direction. lou: when you woke up this...
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Jun 25, 2016
06/16
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BLOOMBERG
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eye 54
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the eu and the u.k. had decided to remain, the all too general treatment given in february by the other 27 to the u.k. would have created the temptation and many other member states of the we too want negotiate the ability to belong to you. and now in this the exit scenario, i believe honestly much worse for the u.k. than the , european union. i believe the u.k. would be bitterly disappointed in seeing how long and how adventurous would be the street, the road to new agreements with partners of how week into to miss a policy is will be. its domestic policies will be. i see just one but big positive to this drama. >> what is that? mario monti: well, for the first time, it is very, very clear to everybody that you cannot play games with europe. without running serious risks. you are at yale university studying under james tobin. is this a moment where retains the dialogue on italy's austerity, spain's austerity, the added kingdoms austerity -- united kingdom's austerity? do we change our dialogue and decis
the eu and the u.k. had decided to remain, the all too general treatment given in february by the other 27 to the u.k. would have created the temptation and many other member states of the we too want negotiate the ability to belong to you. and now in this the exit scenario, i believe honestly much worse for the u.k. than the , european union. i believe the u.k. would be bitterly disappointed in seeing how long and how adventurous would be the street, the road to new agreements with partners of...
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Jun 25, 2016
06/16
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CNNW
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this is really the core group of the eu. and their number one priority today is how to make sure this does not happen again, that no other eu member is even thinking or taking steps toward leaving the union. and so that really means two things. one, they're going to be discussing how the uk will leave the eu as swiftly and as painlessly as possible. and the other is how to reform the eu from within, how to make it a more flexible union so that if one member doesn't want what others do, can they negotiate some sort of a better deal, more flexibility? those are the two issues they'll begin discussing today, but it really is the first step in a very long process of trying to figure out how to move things forward and to make sure that doesn't happen. >> and there are clearly fears about the european project and its future at this point. i wonder whether you're hearing what i am hearing, which is that because of that, it may be that britain can actually squeeze a better deal out of the eu going forward, an associated partner coun
this is really the core group of the eu. and their number one priority today is how to make sure this does not happen again, that no other eu member is even thinking or taking steps toward leaving the union. and so that really means two things. one, they're going to be discussing how the uk will leave the eu as swiftly and as painlessly as possible. and the other is how to reform the eu from within, how to make it a more flexible union so that if one member doesn't want what others do, can they...
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Jun 24, 2016
06/16
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LINKTV
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the uk is the first country to vote to quit the eu. it could impact the regional bloc significantly. >>> now that uk voters have decided to leave the eu, here is what will happen next. the uk needs to formally notify leaders of all the union's member states of its intention to leave. there is no time line on when that has to happen. once the notification is triggered there is a two-year window on negotiating the new terms of membership. officials are concerned the first exit of a member nation could trigger a tide against european integration. in places like denmark citizens are campaigning for their own referendum on their country's membership. and in other countries across the eu, including france and germany, criticism has grown over the handling of the migrant crisis. the eu has also been criticized for bailing out greece from its debt crisis. eu president donald tusk held a news conference after the result of the referendum became clear. >> there is no hiding the fact that we wanted a different outcome of yesterday's referendum. i
the uk is the first country to vote to quit the eu. it could impact the regional bloc significantly. >>> now that uk voters have decided to leave the eu, here is what will happen next. the uk needs to formally notify leaders of all the union's member states of its intention to leave. there is no time line on when that has to happen. once the notification is triggered there is a two-year window on negotiating the new terms of membership. officials are concerned the first exit of a...
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815
Jun 22, 2016
06/16
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BLOOMBERG
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the eu. janet yellen: this has no close parallel. it is hard to know what consequences would be. of course there is always particularly globally. we operate in an uncertain environment. anna: meanwhile, mario draghi said ecb has plans in place in case the outcome sparks market turmoil. mario: we are trying to be ready to cope with all possible contingencies. it would be very, very difficult to be more precise than that. i think we have done all of the preparations necessary now. our guest in the studio with anna is alan hagan. he is the ceo at coutts. these marketshow have pulled himself back. let us check in on the bloomberg pound index. of course, this is about understanding the real risk of brexit. alan, we had this bounce, checkers set 79% is the risk. sterling is a five-month high. what is the risk-reward for sterling if we remain? alan: good morning. yet, i had a look at your pound index. it does round with your odds checker indexes. you have to go i think with the central scenario, not
the eu. janet yellen: this has no close parallel. it is hard to know what consequences would be. of course there is always particularly globally. we operate in an uncertain environment. anna: meanwhile, mario draghi said ecb has plans in place in case the outcome sparks market turmoil. mario: we are trying to be ready to cope with all possible contingencies. it would be very, very difficult to be more precise than that. i think we have done all of the preparations necessary now. our guest in...
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1.1K
Jun 25, 2016
06/16
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CNNW
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britain's exit from the eu. but here's what we do know at this point. >> prime minister david cameron says his successor will need to trigger what is known as article 50. >> that gives the 27 other eu countries two years to come up with an exit deal. the u ck will not take part in those talks. >> if there is no agreement after two years, countries can vote to go into overtime. and if no unanimous decision, no deal at all. >> how difficult things are. and therein lies the issue. there is no clarity. right now the uk's biggest challenge may be finding a way to come back together. but that may not be so easy with nearly half of the voters on thursday casting ballots to remain in the eu. >> now a look at the journey that led to the brexit and how the uk might heal its internal divide. >> reporter: so after 43 long years, the restlessness has found a voice. a seismic decision, but a vote that could hardly have been more divisive. the "remain" campaign took scott land, northern eye ire land and london. but the rest of
britain's exit from the eu. but here's what we do know at this point. >> prime minister david cameron says his successor will need to trigger what is known as article 50. >> that gives the 27 other eu countries two years to come up with an exit deal. the u ck will not take part in those talks. >> if there is no agreement after two years, countries can vote to go into overtime. and if no unanimous decision, no deal at all. >> how difficult things are. and therein lies the...
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Jun 30, 2016
06/16
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BLOOMBERG
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eye 164
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and the eu? rightre still a member now but after the empty chairs on the second day of those talks, the future seems clear. was quite unprecedented yesterday to have a meeting without the u.k. here. it's kind ofward, open what the relationship is going to be. all the forces are pushing. it seems like the u.k. would like to have a relationship that's very similar to what they have now, but the eu is very adamant that there has to be a cost of leaving the eu. they want to send a message to other populist and nationalist forces that are gaining strength in the rest of the eu that there is a cost to this. it's not going to be a smooth road here. the leaders have called for another meeting in september. this will just be the 27, the u.k. won't be there, and hopefully at that point they will have more clarity on the leadership situation in the u.k. and then will be able to move forward with what and how the process is going to unfold. thank you very much for joining us there from brussels. the co-chief
and the eu? rightre still a member now but after the empty chairs on the second day of those talks, the future seems clear. was quite unprecedented yesterday to have a meeting without the u.k. here. it's kind ofward, open what the relationship is going to be. all the forces are pushing. it seems like the u.k. would like to have a relationship that's very similar to what they have now, but the eu is very adamant that there has to be a cost of leaving the eu. they want to send a message to other...
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128
Jun 7, 2016
06/16
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CSPAN3
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eye 128
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eu, we've had more problems. my view is if continue to base unthinking support for the european union and i think most american support for the eu is unthinking and pardon me, ignorant. it will continue to see more economic strains, which are inherent in the euro. it will continue to see rising liberalism and it will continue to see a weaker european u.s. trance atlantic link in the bargain because it will -- all of these developments will under mine nato. i don't think any of these things are in the interests of the nations of europe. i don't think they're in the interest of the united states either. i think the true interest of the united states are to return to the ideas, the american ideas that helped save western europe after 1945 and then saved eastern europe after 1989 which are the ideas of economic freedom, multi lateral cooperation for security and pros parity and support for a democratic national government, that was the basis of the american strategy in europe after 1945 and it worked. and you know wh
eu, we've had more problems. my view is if continue to base unthinking support for the european union and i think most american support for the eu is unthinking and pardon me, ignorant. it will continue to see more economic strains, which are inherent in the euro. it will continue to see rising liberalism and it will continue to see a weaker european u.s. trance atlantic link in the bargain because it will -- all of these developments will under mine nato. i don't think any of these things are...
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43
Jun 24, 2016
06/16
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KCSM
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eye 43
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polls close own in the united kingdom's eu referendum. the outcome is likely to be tight in a poke that could change european history. prime minister david cameron and his wife cast their votes early. his political future is on the line. he may not survive if britain walks out. time for a check of business news. investors certainly think they know what the result of this referendum might be. daniel winter is in our business desk with more in a story. daniel: they are betting on remain. it was less -- there is less than a hour to go before polling stations closed and what happens next is in the hands of the public. i support to remain has fluctuated, so has the result of britain's pound. you can seat right at the end hear an update as the sentiment -- uptick as the sentiment towards in has strengthened the ground. bookies are confident of fo in vote. investors seem to be putting their faith and remain as well. reporter: it settled back slightly to close almost 1.25% higher. that is a weekly gain of almost 5% of the biggest since december,
polls close own in the united kingdom's eu referendum. the outcome is likely to be tight in a poke that could change european history. prime minister david cameron and his wife cast their votes early. his political future is on the line. he may not survive if britain walks out. time for a check of business news. investors certainly think they know what the result of this referendum might be. daniel winter is in our business desk with more in a story. daniel: they are betting on remain. it was...
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Jun 24, 2016
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s relationship with eu and that contagion effect. but i think we have seen the sharpest falls we are going to see, not surprising given how one expected how the vote to leave was, and what was priced in the vote to stay. stephen: they were really caught off guard. the fall in sterling overnight was really dramatic. is there any chance they could be a benefit for some u.k. companies making the goods cheaper abroad? craig: of course it could. the pound actually fell extremely significantly shortly after midnight in the u.k. ofeaker pound because 85% the money is generated a broader a weaker currency could generate ae that could benefit the -- weaker currency could generate -- could benefit. stephen: thank you very much for your time. putting thi8úxúÑÑdqwueeewx [thunder] >> people are going to do things under cover of darkness, afraid of light, so if you come at midnight, i'll be there with my headlights glaring. if you are a democratic country with a constitution that has a bill of rights, you have to enforce those rights and
s relationship with eu and that contagion effect. but i think we have seen the sharpest falls we are going to see, not surprising given how one expected how the vote to leave was, and what was priced in the vote to stay. stephen: they were really caught off guard. the fall in sterling overnight was really dramatic. is there any chance they could be a benefit for some u.k. companies making the goods cheaper abroad? craig: of course it could. the pound actually fell extremely significantly...
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Jun 25, 2016
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here in the eu parliament. the lower ranks are likely to keep their jobs, but will eventually hit a glass ceiling. experts say the uk would loose all its influence in brussels. out means out. janis: my overall estimation is that it will be a rough ride that other member states will not give the uk an easy way out, because the fear of a domino effect. what signal it would send if one leaves and then gets to cherry pick whatever -- that others might follow suit. >> for uk citizens in brussels, this uncertainty is already very real. francesca jenner, works as a consultant to the eu institutions and can be candid how it feels like to have a british passport in brussels at the moment. francesca: it's a very strange time to be in brussels. i think everyone is hoping for a positive outcome. everybody is really hoping that the british public votes for remain, but there is a very unsettling edge knowing that leave could happen. >> she worries about future red tape on the european job market if she looses the privileges
here in the eu parliament. the lower ranks are likely to keep their jobs, but will eventually hit a glass ceiling. experts say the uk would loose all its influence in brussels. out means out. janis: my overall estimation is that it will be a rough ride that other member states will not give the uk an easy way out, because the fear of a domino effect. what signal it would send if one leaves and then gets to cherry pick whatever -- that others might follow suit. >> for uk citizens in...
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Jun 24, 2016
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and the head of the eu. he has the president and said remember those incredible words he said if we did indeed see the u.k. leave the eu, it could spell the end of western political civilization itself but those leaders will gather together and they want to decide how they will leave the eu to be cohesive and prevent any domino effect, any concerns. there is much to look at and we get the foreign policy ministers flying and germany has some of the other five. we will expect to see the foreign ministers from france, belgium, luxembourg, italy, the netherlands. bonnie: want to ask you whether reaction from regular germans on the street today was if you manage to get out at all. >> everyone in the office had in no way anticipated this. and we see eu flags being held up across germany. we saw the use of the green party demonstrating. behind me, this is a famous square in germany and they have been there saying the eu is better together. the feeling is one of shock and dismay. you.e: thank much more breaking news
and the head of the eu. he has the president and said remember those incredible words he said if we did indeed see the u.k. leave the eu, it could spell the end of western political civilization itself but those leaders will gather together and they want to decide how they will leave the eu to be cohesive and prevent any domino effect, any concerns. there is much to look at and we get the foreign policy ministers flying and germany has some of the other five. we will expect to see the foreign...
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Jun 24, 2016
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some of these eu rule, they are still in place. >> okay. we're going hear a lot of statements over coming days. and some of them will have some truth in fact. and some of them will be totally misleading. and i think let's take that on face value. fair enough. a lot of european law is now governing what's happening in financial markets. but the way it works is that legislation is now embedded in the uk legal framework. so if you are suggesting that come monday, suddenly financial markets in the uk are completely unregulated because of the referendum, complete poppycock. not at all. the rules are in legislation passed by the parliament in the uk. come monday the rules will be still be operating until there is any decision by our own national parliament to get rid of those rules. just to make that very clear. >> i'm just going to make a statement about the equity market, about those companies being traded on this morning. i would suggest it is very orderly. i think the action in the foreign exchange market has been extraordinary. as far as the
some of these eu rule, they are still in place. >> okay. we're going hear a lot of statements over coming days. and some of them will have some truth in fact. and some of them will be totally misleading. and i think let's take that on face value. fair enough. a lot of european law is now governing what's happening in financial markets. but the way it works is that legislation is now embedded in the uk legal framework. so if you are suggesting that come monday, suddenly financial markets...
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Jun 25, 2016
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. >> 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 imposes too many regulations and they say the free movement of people within the bloc has brought too many migrants to britain. they accuse them of taking jobs and raising social welfare costs. former london mayor boris johnson led the brexit campaign. >> they have decided that it is time to vote to take back control. from a european union that has become too remote, too opaque, and not accountable enough to the people it is meant to serve. >> the uk is the first country to
. >> 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...
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Jun 24, 2016
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with the eu. this will be much ado about nothing when all is said and done. maria: i think i agree with you. seems like a real buying opportunity. if you connect the dots, why global stock markets are selling off this significantly because the uk gaining independence with these new trade deals, they got two years to do it. why the hysteria? >> it hits on what you were talking about. it resembles what happened in the united states. my fear is this is investors reacting to a protectionist lurch among the uk presuming to wall itself off from imports in the way candidate in the us talking about, nothing spooks markets more than trade wars because when trade is free that is the surest sign of peace and prosperity. nothing to do with a vote that will not change in a normal world trade and investment flows. >> britain has a 3000 year history of trade and britain was at its richest when it had 0 tariffs. probably a return to more free-trade. one of the things now if you have tariffs coming into the eu, ma
with the eu. this will be much ado about nothing when all is said and done. maria: i think i agree with you. seems like a real buying opportunity. if you connect the dots, why global stock markets are selling off this significantly because the uk gaining independence with these new trade deals, they got two years to do it. why the hysteria? >> it hits on what you were talking about. it resembles what happened in the united states. my fear is this is investors reacting to a protectionist...
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Jun 1, 2016
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thans more outside the eu it does in the eu. it has a special relationship with the united states and with the community. so, parliaments and courts are not the supreme law of the land. they cannot sign their own free trade deals and they cannot control their own borders. we would never allow this in the usa so why would we want to support something like this for the closest ally? today,ing these issues we have a distinguished panel. our first speaker is dr. , currentlyates serving as the national security advisor for senator ted cruz. cultural historian who received her phd from the university of pennsylvania, specializing in italian studies.ce in 2007, she became the director of research for donald rumsfeld and provided editorial support and content analysis for the new york times bestseller "known and unknown." she is a senior fellow at the commonwealth foundation. is a consulting curator at the cleveland museum of art. "the historyok is of democracy and 10 works of art." victoria? victoria coates: thank you. thank you to all
thans more outside the eu it does in the eu. it has a special relationship with the united states and with the community. so, parliaments and courts are not the supreme law of the land. they cannot sign their own free trade deals and they cannot control their own borders. we would never allow this in the usa so why would we want to support something like this for the closest ally? today,ing these issues we have a distinguished panel. our first speaker is dr. , currentlyates serving as the...
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Jun 24, 2016
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was part of the eu. not only scotland, but imagine theyern ireland -- could join the irish republic itself? the u.k. itself could dissolve. many people i talk with in that i ask what do you think about the u.k. leaving and they say it's not the u.k. were worried about, but maybe the whole of the eu. it's almost like a built-in option. in case the eu does dissolve, you want to be in the asset that will have appreciated currency. i can't count on the germans or italy or spain or portugal. draghi said earlier this week there is more stimulus in the pipeline. many people read that as he will give new initiatives. just today, they launched the .econd round of lpro's something close to 400 billion euros replenishing all loans. impact --re the full next week, we will learn that the eurozone could probably manage out of the deflation. marc chandler, head of currency strategy. thank you for joining us. joins us toaalder discuss the applications of brexit. the dow is down over 4%. ♪ jon: an historic day for the
was part of the eu. not only scotland, but imagine theyern ireland -- could join the irish republic itself? the u.k. itself could dissolve. many people i talk with in that i ask what do you think about the u.k. leaving and they say it's not the u.k. were worried about, but maybe the whole of the eu. it's almost like a built-in option. in case the eu does dissolve, you want to be in the asset that will have appreciated currency. i can't count on the germans or italy or spain or portugal. draghi...
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Jun 25, 2016
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they thought england would stay in the eu. here hillary clinton has been beating donald trump steadily in virtually all of the polls. so if the pollsters have it wrong now, they're way wrong. i mean, they're all wrong. granted, there are still four months until the election, but does make you feel better after you get over your concern? >> i mean, a little better. here's the thing. it's too early to look at nationwide polls. look at state by state. look at a state like ohio where donald trump even in his baddest week is tied with hillary clinton. the reason why, pollsters aren't talking to the right people, and you have to make sure the campaign is mobilizing the right people. you have to mobilize young people to vote. the misstake in london. you have to make sure that -- >> young people are still holding onto bernie. >> exactly. they're holding onto bernie because of their ideals. >> bernie is saying he's going to vote for hillary, and the young people are like no. >> he is. >> his followers aren't going to go along with that
they thought england would stay in the eu. here hillary clinton has been beating donald trump steadily in virtually all of the polls. so if the pollsters have it wrong now, they're way wrong. i mean, they're all wrong. granted, there are still four months until the election, but does make you feel better after you get over your concern? >> i mean, a little better. here's the thing. it's too early to look at nationwide polls. look at state by state. look at a state like ohio where donald...
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Jun 14, 2016
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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 mother is
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...
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Jun 2, 2016
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trades more outside the eu than it does in the eu. it has a special relationship with the united states and with the community. even so, parliaments and courts are not the supreme law of the land. they cannot signheir own free trade deals and they cannot control their own borders. we would never allow this in the usa so why would we want to support something like this for the closest ally? discussing these issues today, we have a distinguished panel. our first speaker is dr. victoria coates, currently serving as the national security advisor for senator ted cruz. she is a cultural historian who received her phd from the university of pennsylvania, specializing in italian renaissance studies. in 2007, she became the director of research for donald rumsfeld and provided editorial support and content analysis for the new york times bestseller "known and unknown." she is a senior fellow at the commonwealth foundation. she is a consulting curator at the cleveland museum of art. her latest book is "the history of democracy and 10 works of a
trades more outside the eu than it does in the eu. it has a special relationship with the united states and with the community. even so, parliaments and courts are not the supreme law of the land. they cannot signheir own free trade deals and they cannot control their own borders. we would never allow this in the usa so why would we want to support something like this for the closest ally? discussing these issues today, we have a distinguished panel. our first speaker is dr. victoria coates,...
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Jun 27, 2016
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markets feeling the effects of british decision to leave the eu. knopf has a clear picture what this will involved. uncertainty remains high. analysts are expecting more volatile trading ahead. i'm fphoebe am rosa. >>> shanghai composite gaining 1.5%, 28 95, china says it will be limited as capital market not fully opened. sydney's s&p 500200 seeing gains up 0.5. hong kong's down 1.6, singapore declining by 0.2%. here is a look at some of the other business stories we're followining. japan, south korea a and chihin resumed talks in seoeoul on fre trade. they said brexit m made the glol economy less stable. negotiators agreed on importance of speeding up their decisions with the rising sense of instability. tens round of negotiations on a three-way deal. china's premier calling for global manage uncertainty. spoke at international forum, said all countries should face challenges to promote recovery and growth in n the world econo. lee said china committed to developing relations with eu and britain. >>> let's take a look at our business calendar for
markets feeling the effects of british decision to leave the eu. knopf has a clear picture what this will involved. uncertainty remains high. analysts are expecting more volatile trading ahead. i'm fphoebe am rosa. >>> shanghai composite gaining 1.5%, 28 95, china says it will be limited as capital market not fully opened. sydney's s&p 500200 seeing gains up 0.5. hong kong's down 1.6, singapore declining by 0.2%. here is a look at some of the other business stories we're...
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Jun 28, 2016
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scotland voted decisively to stay in the eu. sturgeon has called the possibility of scotland being removed from the eu democratically unacceptable. she says she will take the necessary steps to prevent that. including scotland's independence from the united kingdom. >> if we were to be removed from the eu, it would be against the will of the scottish people. it would be democratically unacceptable. for that reason, everything must be on the table. including a second independence referendum for scotland. holding a referendum within the timetable of u.k. negotiations. we will prepare the legislation now. >> there has been another mass demonstration against worker form here in france. police accompany the marchers across paris. the bastille and across the seine river. the protesters subject to the changes and the way the government force them through the national assembly without a vote. >> is important to note that there was a massive police presence in order to make sure that police were deployed. that was a record. apart from a
scotland voted decisively to stay in the eu. sturgeon has called the possibility of scotland being removed from the eu democratically unacceptable. she says she will take the necessary steps to prevent that. including scotland's independence from the united kingdom. >> if we were to be removed from the eu, it would be against the will of the scottish people. it would be democratically unacceptable. for that reason, everything must be on the table. including a second independence...
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Jun 24, 2016
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staying with the eu. we saw it from british prime minister david cameron comparing it to jumping out of a plane. once you jump out, you can't get back in the plane. what is your reaction to the news that is just coming in now that they are going to leave the eu and how it has played out and how politicians have used fear as such a tactic here? >> well, it is a remarkable result. when i came in and started to watch about 12 hours or so ago, i didn't see or know anyone who thought it was possible that brexit was going to win. it is a shock to the pollsteren and london and enormous shock. but you know what it is a wonderful day in london. the sun is shining. the markets will have a tough day today but sooner or later the uncertainty will turn in to certainty because certainty is what the people delivered on their vote. >> you can see the shot there of 10 downing who we are expected to hear from david cameron in the next hour or so. he campaigned hard to stay in the eu. what do you expect to hear from him? >>
staying with the eu. we saw it from british prime minister david cameron comparing it to jumping out of a plane. once you jump out, you can't get back in the plane. what is your reaction to the news that is just coming in now that they are going to leave the eu and how it has played out and how politicians have used fear as such a tactic here? >> well, it is a remarkable result. when i came in and started to watch about 12 hours or so ago, i didn't see or know anyone who thought it was...
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Jun 25, 2016
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and eu go through the divorce proceedings and enable scotland to not actually leave the eu? that could be one of the angles on this. meanwhile talking with those , disappointed by the results yesterday, as 62% of scots wanted to stay in the eu, we also have a petition calling for another referendum. it seems unlikely this particular petition will be successful, but it underlines the divisions in the country. jon, fran? francine: given the uncertainty, will there be a coup in labour and a possible general election? anna: that is being discussed. we heard from jeremy corbyn, saying if there is another leadership challenge, he would stand again. there has been a no-confidence table motioned by some in his own party. we will see if it gets the 51 signatures needed to get another leadership vote in the labour party. that is certainly fast-moving one story. another is how much pressure the government will come under from brussels to get these conversations happening quickly. we heard a lot about that from the brussels side, which a lot of that hinges on article 50. few voices from
and eu go through the divorce proceedings and enable scotland to not actually leave the eu? that could be one of the angles on this. meanwhile talking with those , disappointed by the results yesterday, as 62% of scots wanted to stay in the eu, we also have a petition calling for another referendum. it seems unlikely this particular petition will be successful, but it underlines the divisions in the country. jon, fran? francine: given the uncertainty, will there be a coup in labour and a...
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Jun 25, 2016
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the eu wants to start negotiations immediately. we've heard from the leave camp they want to take their time. >> what doris johnson says, they will be no less united, i don't know what he means. the united kingdom is anything but united. scotland possibly breaking apart. northern ireland where the peace process is intertwined with eu laws. a huge problem may room -- loom at this problem. london does not want to remain. and the rest of england and scotland who want to go. saying it is not united in the question is what's going to happen next. he has said he wants to take his time before he triggers article 15 which would start the process. there may be a pressure by other european union's to act quite swiftly. there is so much that he will have to sort out. who is going to be the successor. there is so much ahead and it's a big unknown. this is only day one. >> we solve this vote coming down including region, age and wealth. you are in london today. what have people been saying? >> people are saying the thing has happened of course.
the eu wants to start negotiations immediately. we've heard from the leave camp they want to take their time. >> what doris johnson says, they will be no less united, i don't know what he means. the united kingdom is anything but united. scotland possibly breaking apart. northern ireland where the peace process is intertwined with eu laws. a huge problem may room -- loom at this problem. london does not want to remain. and the rest of england and scotland who want to go. saying it is not...
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Jun 26, 2016
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eu on the one hand and feeling that the eu is not french enough to a certain extent on the other. it's true that there is call for a referendum and you just had marie le pen on. this is one thing. you can see this growing. i don't think we can expect a frexit any time soon. >> but it does strengthen her cause, doesn't it? she's consistently growing in time and do you think that brexit will ultimately have an influence on that movement in france and pushing it toward coming out of the eu? >> france is quite particular because the euro critical movements come from the far right and far left. on both sides you have very critical voices against the eu at the moment but when it comes to the national front in particular, it's true that our independence calls to have a referendum and maybe to leave the e ux has been boosted by brexit and this cause is becoming ever-more popular in france but at the same time i don't think that if the french were put in front of the choice of leaving or remaining in the eu, you would have the majority of people saying we want to leave the eu. >> there's a
eu on the one hand and feeling that the eu is not french enough to a certain extent on the other. it's true that there is call for a referendum and you just had marie le pen on. this is one thing. you can see this growing. i don't think we can expect a frexit any time soon. >> but it does strengthen her cause, doesn't it? she's consistently growing in time and do you think that brexit will ultimately have an influence on that movement in france and pushing it toward coming out of the eu?...
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Jun 25, 2016
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has voted to leave the eu. the chancellor abruptly changed her plans today to address the nation. >> today represents a water shed moment for europe, and the process of european unity. over the coming weeks, months, and years, exactly what the water shed means, depends on what the other 27 union members are willing to act. >> so confident that the berlin insider prints it up before it was announced. great britain stays, of course, that was changed. >> they are a bit stupid. this kind of world, you cannot stay by yourself. tihad the impression, the discussions were very much emotional. >> maybe in a positive way. in the last few years, we have only seldomly travelled to great britain, the pound was so expensive. now, hopefully, the pound is low, we can get as soon as possible to great britain. >> reporter: the crisis here, is how do they hold it together after a devastating blow like this. it is up to germany, france and other eu countries to show there is no benefit from exiting from it eu. otherwise, what is t
has voted to leave the eu. the chancellor abruptly changed her plans today to address the nation. >> today represents a water shed moment for europe, and the process of european unity. over the coming weeks, months, and years, exactly what the water shed means, depends on what the other 27 union members are willing to act. >> so confident that the berlin insider prints it up before it was announced. great britain stays, of course, that was changed. >> they are a bit stupid....
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Jun 25, 2016
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. >> 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 political turmoil. jonathon: listen to e
. >> 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...
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Jun 22, 2016
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so negotiations would be needed between the uk and the eu. the uk, and other members, and the countries with whom the eu has free trade areas. there are scenarios that it had to happen there are many scenarios out there and most resulting in less favorable areas for trade and negative impact on the economy. >> the leave camp is saying they don't need agreements to trade. and they're indicating that the uk would be more flexible to make a trade with, for example, the likes of germany. do you see some agreement for this line? >> i wish the trade world were that simple. the uk is a wto -- remember, it's bound by the rules of the wto. therefore it's bound with whom it can trade. no member, no wto member can decide unilaterally what the commitments are. what are the tariffs that will apply between them and the other members. so there has to be negotiation. there is no way of escaping that, it's as simple as that. >> i look here at the amount of countries that the uk has trade policies with. you've got -- if we were to see a brexit, britain would h
so negotiations would be needed between the uk and the eu. the uk, and other members, and the countries with whom the eu has free trade areas. there are scenarios that it had to happen there are many scenarios out there and most resulting in less favorable areas for trade and negative impact on the economy. >> the leave camp is saying they don't need agreements to trade. and they're indicating that the uk would be more flexible to make a trade with, for example, the likes of germany. do...
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Jun 24, 2016
06/16
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FOXNEWSW
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>> the eu is going away. there is absolutely no way. >> you don't think that angela merkel is going to try to hold this one again. >> of course she is. germany runs. britain was the court balance to that britain, france, germany, netherlands, not that many huge economies in europe now germany is preeminent. so if i'm spain or portugal or france for that matter and looking at germany and saying really i want to be part of an organization that you dominate completely? no. the support for leaving in these other countries neither lands and france also is really high. trumpism, which another word for nationalism is a global trend. >> tell me how it evenings us here. >> well, probably it will cause our economy to contract to some degree. again, the finance sector. the -- one of the main points of globalization is that it allows capital to flow freely with less friction across borders. that is really good for finance. there is some trickle down effect. >> what do you mean by finance. >> i mean banking, basically. >>
>> the eu is going away. there is absolutely no way. >> you don't think that angela merkel is going to try to hold this one again. >> of course she is. germany runs. britain was the court balance to that britain, france, germany, netherlands, not that many huge economies in europe now germany is preeminent. so if i'm spain or portugal or france for that matter and looking at germany and saying really i want to be part of an organization that you dominate completely? no. the...
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Jun 26, 2016
06/16
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BLOOMBERG
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or the eu or the oecd. it's from the developing countries, in particular china, india, and the middle east itself. i think we will start to see oil prices creeping back up, and i hitdn't be surprised if we 60 this year. the real thing to watch is what happens to u.s. shale oil supplies. do they continue to fall? what is happening with chinese demand? as far as the u.k., we have an office in london. it's the capital of the international oil and gas sector, particularly with capital markets, legal support, and it will remain so. yousef: will it affect you in any material way? >> i don't think it will affect us a lot. in the short-term, perhaps the oil price, the stock markets are likely to react negatively. it's a soft time with ramadan and the summer. in terms of our investments in the middle east and our focus, i don't see a big impact. yousef: we got some numbers fm the baker hughes rate count index. how does that feed into your view on where oil goes from here you go >> we saw an interesting of stability
or the eu or the oecd. it's from the developing countries, in particular china, india, and the middle east itself. i think we will start to see oil prices creeping back up, and i hitdn't be surprised if we 60 this year. the real thing to watch is what happens to u.s. shale oil supplies. do they continue to fall? what is happening with chinese demand? as far as the u.k., we have an office in london. it's the capital of the international oil and gas sector, particularly with capital markets,...
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Jun 21, 2016
06/16
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we can do that from within the eu. 60% of our regulation comes from the eu. it is a killer and it will continue to go intn the wrong direction. i have a vision, which i believe, and i could be wrong. but i feel we are losing an opportunity. for howard shore, thank you sharing our time with us. up next, the polls remain incredibly tied ahead of thursday's vote. we are outside of parliament. that brexit debate, next. ♪ caroline: welcome back. this is "on the move." a down day on the european markets, so let's get to the bloomberg business flash. reporter: thanks, caroline. bloomberg seeking saideck hutchinson chairman a brexit would have far-reaching implications. >> i hope they don't leave. if brexit happens, it will be detrimental to the u.k. and it will have a negative impact on all of europe. it is not the end of the world either. reporter: france's largest insurer will seek to .1 billion euros of cost cuts. the company once to tap growing demand. 12% to 14% over the next four years. tesla has chosen shanghai as its production base in china. deal witha $9
we can do that from within the eu. 60% of our regulation comes from the eu. it is a killer and it will continue to go intn the wrong direction. i have a vision, which i believe, and i could be wrong. but i feel we are losing an opportunity. for howard shore, thank you sharing our time with us. up next, the polls remain incredibly tied ahead of thursday's vote. we are outside of parliament. that brexit debate, next. ♪ caroline: welcome back. this is "on the move." a down day on the...