so britain operating outside of the european union, is not a novelty. after all it's supposed to be one world and one unified economic market, why not double the size of the european union. we could apply. there's not a requirement that your states be as a continent. i put that in the background. because great brittan operating outside of the european union is not something that has happened before. once it's in the european union you have all sorts of economic integration in the european institutions. this year under article 50 of the european union treaty, great britain exercised its right to now that isn't in great britain, it's not legally binding in the parliament, and de facto, no one believes that the leader of the government looks like would be a woman conservative would reject the popular vote and invoked article 50 of, but until article 50 is presented great britain remains as before. what happens at that point is great britain and the european alternative to full enter grace. norway has something like that, where norway is not a full part of

britain is the lone hold out against the nazis. in the skies over england, the royal air force battles the germans in a fight to the death. >> it was really britain against the world in a way that hasn't happened before. everybody knew they were fighting for the survival of that country. >> alex care shaw spent three years researching the americans who fought in the battle of britain for his book. >> it came down to 22-year-old guys going up and fighting and dying day after day, week after week. >> our hearts go out to the fighter pilots whose brilliants actions. >> 1940 british prime minister winston churchill pays tribute to the men of the raf with these stirs words. who were put? >> the smallest number of men ever to determine a major battle in world history. just 2,500 pilots flew with the raf. and seven of the few were americans. >> one was a 29-year-old two-time olympics champion named billy fisk. >> billy, a wonderful, romantic glamorous character. you couldn't have made this guy up. >> the son of a wealthy chicago banker. h

what is the ocean to britain? >> britain's an island. that's their livelihood. that's what they've invested most of their military spending in is their sea power. so if you're the germans, you essentially take britain out of the war with a decisive battle if that ever happened. >> i think the other aspect, adding on to that, is sea is really britain's lifeline. we know it has been for a long time because they don't sustain themselves based on just the resources and things on their island alone. so if you can start constricting their shipping through u-boat warfare or whatever, if you come up the means to do that, you're going to hurt them pretty badly. >> it's a source of strength. you have the grand fleet and definitely superior to the high seas fleet. and you can impose an effective blockade but your command to the seas is, in a sense, limited to the surface and really to the area of the north sea because we talked about this before, i mean, you have to go with the distant blockade. there's too many risks, threats. close in to shore. so you don't control the b

transfer to great britain police in return, -- transferred to great britain. in return, we received a chain of basis stretching from these basis to --, they knew safety to the panel mock canal. the germans knew we were conscious of the threat they presented to our country. the assistant secretary of state told us how they got together and try to scare us off. >> from 1936 on, it became increasingly clear to the world that germany, italy, and japan were pursuing a common pattern of aggression both in europe and in the far east. on september 22, 1940, these three powers signed the so-called pact of berlin. a treaty of four-reaching alliance. by that treaty, it was provided that the three countries would assist one another with all political, economic, and military means when one of the powers was attacked, most particularly the use of the word getacked" by a power not involved in the european war or the chinese-japanese conflict. waslast of these provisions aimed directly at the united states. narrator: tokyo celebrated. round cheers. heiled itself. three obviou

britain grapples to answer the question. we speak to former eu commissioner. ♪ francine: welcome to the pulse, live from bloomberg's european headquarters. i am francine lacqua. president of the peterson institute for international economics, adam posen. stephen king joins us for the hour. we talked brexit in the euro economy. all of that is coming up. let's check these markets. for the u.s., yesterday was labor day good happy labor day with a day late. this is the picture among a lot of the asia economies. the stocks rallied in asia. they were rallying in europe. now they are down to 0.1%. the hike this month remains subdued. the australian dollar rising. crude oil trading above $45 a barrel after the world's producers pledged to cooperate to save lives. if you look at nymex, it is higher because of yesterday. even i on that. let's get this keep an eye on that. let's get to -- keep an eye on that. let's get to bloomberg first word news with nara. -- with nejra. weakness does a dance. a surge in goods from the euro area. a

. >>> the top leaders of japan and britain spoke briefly at the g20 summit. shinzo abe asked theresa may for greater predictability with regard to her plan for a post-brexit britain. it was the first time the two had met and exchanged views since may took office in july. abe's aim was to ensure that the brexit vote will have minimal impact on japanese firms operating in britain and that their business activities will be safeguarded. may said she's well aware of the impact britain's vote to leave the eu will have on japan and other countries. she expressed her hope of maintaining and building on the relationship between japan and britain. >>> and now let's get a check on markets. wall street was closed for labor day holidays, but to see how markets here in tokyo are kicking off this tuesday, we're going to go to ramin mellegard who is standing by at the tokyo stock exchange. what are you seeing this morning? >> a very good morning to you, ai. really in the absence of any guidance from wall street, as you mentioned there, hitting record highs, but for japan as

britain already lags behind others in productivity. partly that's about investing in technology and infrastructure, and partly it's about investing in people and their skills. how can we build and expand the sector of the future without a skilled workforce? but this conservative government has slashed adult education budgets, taking away opportunities for people to develop their skills, and leaving businesses struggling to find the skilled workforce they need to succeed. so today i'm offering business a new settlement, a new deal to rebuild britain. under labor, we will provide the investment to rebuild britain's infrastructure. we will fund that investment because it will lead to a more productive economy, providing the basis on which our economy is our businesses can thrive, helping to provide over a million good jobs and opportunities for businesses. but investment in capital must include investment in human capital. the skilled workers needed to make our economy a success. this is the deal labor offered to business, to help pay for

is britain vulnerable? as per the questions that we went over before, does the ocean offer any possibilities to the germans as far as dealing with the british or do they have to play the same game that the british are playing? >> the best option for getting out of war. >> why is that? what is the ocean to britain? >> it brings an island. [ inaudible ]. that's what they've invested most of their military spending in is their sea power. so if you're the germans, you essentially take britain out of the war with a decisive battle if that ever happened. >> i think the other aspect, adding on to that, is sea is really britain's lifeline. we know it has been for a long time because they don't sustain themselves just based on the resources of the island themselves. so if you constrain their shipping through boat warfare, you're going to hurt them pretty badly. >> it's a source of strength. you have the grand fleet and definitely superior to the high seas fleet. and you can impose an effective blockade but your comm

it also wrote the olive branch petition which was a piece offer to britain. peace offer to britain. right before -- the battle of mexican and concorde. -- lexington and concord. have 1775,s, but may even though they were offering to all of transportation, people were becoming impatient. the new york attendee -- committee for public safety clear that america has grown so irritable by oppression that the least shock of any part is by the powerful and sympathetic affection instantly felt to the whole continent. you have the celebration of the way in which sympathy is uniting the patriots with each other against the british. people beganime, openly criticizing parliament for not dealing enough. -- stealing enough. finally, the king himself -- feeling himself. finally the king himself is called for lacking feeling. york76, colonists in new asked in a public pamphlet, shall we any longer sit silent and continued contentedly the subject of a prince who is deaf repetition and grievances? you have here over the course of a decade we have been talking about, a shift from efforts to improve th

britain continued to press for ambitious e.u. trade agenda including implementing the dl in forging agreements with japan and america and we will make these arguments is these arguments as fun as they are members of the e.u. we will also force our round of trade deals and i am pleased to say that just as the u.k. can't see the opportunities late in the opportunities within the e.u. presents, so two of international partners who recognize the attractiveness of doing business with the u.k. the literature of india, mexico, south korea and singapore are welcome -- the trade minister visited the u.k. yesterday to take part in exploratory discussion and trade deals and in our bilateral end of the summit, in our bilateral again at the summit, president of blood made clear that china would welcome discussions on the trade arrangement with the u.k. as we do free trade around the world, we must also do more to ensure working people really benefit the opportunities it creates. across the world today, many feel these opportunities do not see

the restaurants in britain employ european workforce as well. francine: isn't it very unlikely , because angela merkel has said this is a redline, and as soon as you ask someone to have a work permit, it is not free movement of people? lord bilimoria: there can be ways of doing this. we can start implementing exit checks. to this day, we have no control over our borders. we check peoples passports when they come in, but we should be scanning every passport in and out. the government keeps saying they are going to reintroduce this. that would give more control of our borders. really helpould people, businesses or british people, if you suddenly have to start getting visas, getting permission to go, something you've taken for granted before, this free movement of people, students able to go study, that will -- francine: but what you are asking for is not to have brexit. i don't see how the two are compatible. lord bilimoria: the silver lining is, if we can carry on with financial services in the city of london having passporting rights in europe,

britain continued to press for ambitious e.u. trade agenda including implementing the dl in forging agreements with japan and america and we will make these arguments is these arguments as fun as they are members of the e.u. we will also force our round of trade deals and i am pleased to say that just as the u.k. can't see the opportunities late in the opportunities within the e.u. presents, so two of international partners who recognize the attractiveness of doing business with the u.k. the literature of india, mexico, south korea and singapore are welcome -- the trade minister visited the u.k. yesterday to take part in exploratory discussion and trade deals and in our bilateral end of the summit, in our bilateral again at the summit, president of blood made clear that china would welcome discussions on the trade arrangement with the u.k. as we do free trade around the world, we must also do more to ensure working people really benefit the opportunities it creates. across the world today, many feel these opportunities do not see

for empirewar between britain and france. it ended with france giving up all of its north american territorial claims and leaving the continent east of the mississippi to british claims. of course, there were many native american nations and empires that did not recognize those claims. i'm not arguing the british actually had anything like organized ground control. as far as europeans were concerned, the continent had been divvied up and handed over from the french to the british. the image i'm showing you now commemorates that victory for the british. you can see bretagne seated on the left and france on the right with her fleur-de-lis. she handing over the keys to the city of quebec. that is pictured in the background. this was a moment of enormous triumph for the british. they had won all of north america. this is after several centuries of colonialism. it is supposed to be a grand moment. poem talks about this " and it talksrn about george's milder sway. an eras supposed to be of auspicious new opportunity. however, then,

their aim is to reach britain

britain remains a good place to invest. it is quite likely to out-compete eurozone growth this year. the idea that britain isn't resilient, it has one of the best levels of innovation, one of the best universities in europe, it is the center of an enormous amount of human capital and investment capital, so i think if we have soft brexit, the indications are really quite benign. but if it is hard, then i think it is going to be very difficult. the english language is important to a lot of people. phillip: it will redeem the language as the official language of the european union even after brexit. francine: thank you so much. svenja o'donnell, phillip blond, and vasileios gkionakis, head of global fx strategy at unicredit. let's get to the bloomberg first word news with nejra cehic. nejra: u.s. prosecutors are considering a criminal charge against a unit of hsbc related to contact on its foreign exchange desk. such a move would imperil an earlier deal that let the bank avoid prosecution. the doj has already charged two peopl

an even bigger surprise came when britain voted to leave the european union a month later. their work on this has only just started. a new committee awaits their participation. >> there is a new one about brexit and its effect on london. it is important that we are there more than anything because the other people on these committees were pro-remaining. i think it is terribly important we keep up in spite of democracy. reporter: ukip leaders say with a would rather be part of britain's political mainstream than outsiders. analysts suggest they will try to lure voters away from the labour party. >> it embraces right-wing libertarians, many of whom believe in a much smaller states. but also people on the centerleft to believe in a more conservative society but still with broad central consensus of a kind we saw in the 1950's or 1960's. reporter: the upcoming party congress will discuss how to respond on attacks on foreigners, especially polish citizens. but members deny any responsibility for the problem. instead, they downplay it. >> i think i know what it a crime is. it is

britain, however, was conspicuous in its absence. what, if anything, was said at the summit about brexit? max: of course something was said. i think all the eu leaders said they were said that britain had chosen to leave. one question -- very interesting here -- was put to the council president, the question of when the infamous article 50 would be triggered. the question of when britain would officially request to exit the european union. you would expect an answer like "we don't know yet" for "within the next year," but the answer was an expectation of february of next year. so we have a date and that would be quicker than many expected. terry: there he interesting, possible trigger already -- very interesting. the uk independence party, which spearheaded britain's campaign to leave the eu, has chosen diane james to leave the party, -- two lead -- to lead the party, which holds just one seat in the 150-member house of parliament. eu leaders say security will be the top priority of the coming months, especially the question of secur

britain in the north, spain in the south. and it's still threatened by still formidable indian power. so washington understands that his foreign policy, the foreign policy of the new nation, must involve not only france and britain and spain, but also indian nations. and that's something i think we have forgotten about george washington knew. and this story did not have to unfold this way. so if we go back to the middle of the 18th century, non-indian view of north america looks like this. again, no indian nations there. but look at all that blue. in the middle of the 18th century, it looked particularly if you were looking at north america from london, like there was a strong likelihood that the continent was going to be blue, that it was going to be french. because from the british perspective, the british colonies are hemmed in east of the appalachian mountains, and west of the appalachians, it's all french. and you would get the impression that this is a predominant french power. right? well, it's not. it's a house of car

g20heresa may came to the amidst a boast -- a post brexit britain. it has been a hard sell with mixed results. on the -- in encouraging meeting with prime minister malcolm turnbull. >> after that, australia is determined to provide all the support that we can. >> that support might be needed u.s. president barack obama at a joint press conference hinted that britain would have to go back to the end of the line on trade talks. obama: first things first. we had to figure out what brexit means with respect to europe at our first half is to make sure that we get the first tpp done, on that we move forward negotiations, in which we have already invested a lot of time and money. fromttle sympathy either u.n. security council president donald tough. not that decide to leave. >> the government of japan issued a warning about the consequences of exit, saying it would work closely with japanese companies who need to relocate their offices from the k2 mainland europe. maine - despite opposing brexit herself, she is committed to carrying it through. stephen: tho

. >> britain's right-wing u.k. diane james asn its new leader. she replaces nigella -- revises nigel -- replaces nigel. a member of the european raised at, and she has few eyebrows. here's what she had to say about britain's role in europe. >> we go to breakaway. it has to be an open trading relationship, not one governed by them deciding the rules. anchor: the new leader of the uk independence party is speaking there. bratislavars met in without the u.k., there is still no clarity as to what the brexit is going to mean to people living in britain. polish people make up the largest committee of people in the u.k.. and some people implement say it would be bad if this one-way flow their citizens came to an end. >> learning english is as popular as ever in poland. economic success has not stopped the flow of immigration to britain. is not clear how the situation will develop and the negotiations between britain and the eu will go. >> most european leaders have set down a clear red line. no single -- no single markets access. but poland, who citizen

if you think about the referendum, it could be something like from great britain to smaller great britain. if you look at the votes in scotland also, the corporation in ireland, there could be a way back to the european union. >> that was the us a tree wran finance ministeace austrian finance minister. he said we get too much of the same argument from the same southern european people, whether it's greece or italy on forgiveness. that's not the way forward. two, about the banks as well, he believes the problem for europe and deutsche bank especially is about profitability. i think this is where the crisis lies. i thought telling as well, he said the ecb slowly needs to think about an exit strategy. very slowly. he said nothing to shock the markets, but to start signaling a way out of the current negative rates and quantitative easing. >> steve, thank you very much. steve sedgwick joining us there. >>> the german finance minister, wolfgang schauble saying the imf must stay active with greece. his remarks after athens passed a reform bill in parliament which could pave the release for 2.8 b

and why brexit is good for britain. we speak to stephen lansdown, coming up in our weekly show, brexit, what's next. this is bloomberg. ♪ francine: i'm francine lacqua. let's give straight to some corporate news. nejra: the billionaire founder and majority shareholder of u.k. retailer sports direct has taken over as its chief executive. after hecomes resigned yesterday. the company has come under criticism for the way it treats its workers. says the personal details of half a billion people were stolen in a 2014 hack. the company says the attacker "as "a state-sponsored actor and the information may include names, phone numbers and passwords and security questions. users are being contacted their account security. the revelation comes ahead of verizon's planned acquisition of yahoos web assets. facebook says it has been giving advertising an inflated matrix in the average time users spend watching a video. it has 1.7 users and has seen the popularity of video fuel revenue growth. the error has been notifying advertise

britain and france gave him that part of czechoslovakia, hoping to avert war. now we had his word, peace in our time. at home we began to hear strange headlines. newspaper man: extra! extra! fbi captures german agent. read all about it! nazi spy gang captured. narrator: we sat in our theaters, unbelieving, as motion pictures exposed nazi espionage in america. nazi speaker: as germans we know that if america is to be free, we must destroy the chain that ties the whole misery of american politics together, and that chain is the united states constitution! nazi sympathizers: sieg heil! narrator: could these things really be? yes, these subversive acts were happening in real life every day. german-american bunds organized for the purpose of destroying us marched under our very noses. nazi speaker 2: i pledge undivided allegiance to the flag of the united states of america, and the republic for which it stands, one nation, indivisible, with liberty and justice for all. narrator: in our press, we read the news from abroad that nazis were spending millions, arming ger

he tells britain's not to worry. gm makes a bold move that could transform for that -- factory production. withan intense to build 3-d printers. --nie: immigration reform the system is broken, but republicans and democrats can't agree on how to fix it. is there any hope for progress? the uk's secretary of state for brexit has made his first comments in parliament. there is no turning back. at the end of the process, britain will be out of the european union. >> there will be no intent to stay in the eu. no intent to delay. no attempt to engineer a second referendum. several parliamentary committees and say they will investigate various aspects of brexit. mark: enbridge has agreed to buy spectra energy. for stock transaction value for $28 million. ge is buying two european companies to use 3-d printing technology to make parts for jet engines. for a total of $1.4 billion. ge is already the biggest customer. factory orders in germany signaling momentum in europe's 20% jump inomy -- export orders. time for our quick tak

because britain has not negotiated a trade deal for 40 years. rob, thanks for joining us . final thoughts from kit juckes, global strategist. unfogging, as rob suggested. we have heard saying this point-based immigration system will not work. rob, howt heard with is it going to happen? she seems to believe we can have our own deal. yes? kit: the only way we will get one is through a really, really long protracted period of negotiation because the negotiations have to pass, and in the first front of negotiations, that is no way that that will be an offer from europe. end point, the one thing i am absolutely sure of is we will have month by month and years of uncertainty to that hallowed land of control. mark: how much certainty would you say will ultimately show up in the data, unlike it has done today? kit: it can show up in people's phoning decisions on investments, on putting money, making decisions aware to hire people. it will show up on hiring graduates. this year's graduate round, next year's more likely. that kind of thing is where it wil

great britain, russia, and china will be represented by high-ranking officers. meantime, the allied armed forces have been ordered to suspend offensive action. the front room action of vj day -- the front automation of vj day must wait toward the formal signing of the full terms by japan. narrator: the president's report was rushed to a waiting world. tuesday, august 14, the fateful news is flash. in new york city, as throughout, a rejoicing nation and world. best throngs of people celebrated the end of fighting and the dawn of peace. new yorkers jammed times square. it is over. it is total victory. -- ring [cheers] narrator: a all night long the rejoicing continued. never before in history has there been greater reason to be thankful for peace. the worlds free people are united in their determination that the world's peace shall never be endangered again. ♪ on september 2, 1945, japan formally surrendered ending world war ii. next, a ceremony at the world war ii memorial in washington, d.c., marking the 75th anniversary of victory over japan day. remarks are

called himself the "most hated man in britain." this week, the radical muslim cleric was sentenced to five and a half years in prison on charges of supporting isis. scott thuman reports from london on how the most hated man became the most-wanted, as britain tries to stop a generation from being recruited as terrorists. >> you are guilty until proven otherwise. scott: few men have been more radical and more influential over the years than anjem mouthpiece and recruiter for isis. sean: you have to follow your laws or die? anjem: of course, that would be the law of the land. that would be the law of the land. under america, you would abide by the sharia. sean: okay. anjem choudary, i still think you're an evil s.o.b. scott: for roughly two decades his charisma and reach knew few boundaries, a charm with deadly consequences. indirect, if not strong links to those responsible for the 7/7 bombings in london that killed 52 people, the main executer in isis videos, sidartha dhar, shoe-bomber richard reid, a plot to blow up the london stoc

she was meeting theresa may to discuss britain's negotiations about leaving the european union. ahead of the meaning, she said it was important for britain to leave before the european elections in may 2019. and the eu needs to quickly decide on what line to take with the u k. reporter: it is extremely complicated. i can understand why the government in london is taking his time to develop a unified approach. but once britain has that unified approach, it is very important it is not met with on unified negotiating position from europe. that is why the 27 eu member states need to -- and this was one of the aims of the discussions in bratislava -- the 27 eu never states the two develop as unified a position as possible for the european union going into these investigations. sarah: that was the european parliamentresident speaking. boris johnson said that britain's official negotiations start early next year and may take less than the two years allowed. it is now time for business news. christoph is standing by with a big ruling. christoph: it is a staging decision for the european

great britain, russia, and china will be represented by high-ranking officers. meantime, the allied armed forces have in order to suspend offensive actions. day mustamation of vj await upon the formal signing of the surrender terms by japan. they rush the presidents report to a waking world. august 14, the faithful news is flash. world,ng nation and wrongs of happy people celebrating the end of fighting and the don of peace -- dawn of peace. it is official, it is all over. total victory. [cheers] all night long, never before in history has there been greater reason to be excited for peace. the worlds free people are united in the determination that the world peace shall never be endangered again. >> on september 2, 1945, japan formally surrendered to the allegations ending world war ii. up next, a ceremony at the national world war ii memorial in washington dc. marking the 71st anniversary of victory over japan day. world war ii army veteran, will james rizzi delivers marks along with representiv

the mimk that they drank came from britain. the hands they ate came from britain. nobody was taking any chances. the russians on the inside had taken all the tapestry out and replaced them with red tapestry. they replaced the chairs with red covered chairs. maximum security but at the same time maximum comfort for the attendant dees. -- attendees. i'll be happy to answer questions on the british and russian positions if folks have them. this is famous picture of harry truman accepting the oath of office to become the president of the united states. i was taken at this picture. i spent a long time staring at it. the first is the look on people's faces after the death of roosevelt. and the second is that truman chose to take this oath underneath the poe trait of woodrow wilson. he did that by design. he believed deeply in the ideals for which woodrow wilson fought. but he wanted to play the game a little bit differently. no longer truman said would an american president come to an international conference with only speeches and morality. no longer would an american p

their aim is to reach britain where they hope to find better opportunities. some 2000 police officers are task with stopping them. the situation has become unbearable for residents, truck drivers, and for the migrants themselves. >> they must be shut down. this has to end so we can work again in a reasonable way. >> the interior has weighed in on the situation. we want to create the humanitarian conditions necessary in order to be able to dismantle the campus in as possible. but they would not commit to any timeframe. it wasn't good enough for the mayor of calais. our economy is suffering. it law-enforcement personnel have reached their limit. residents have problems every night. the has to be a firm decision and the cap must be cleared out. the truck drivers hope their protests will pressure the french government to set a precise date or the camp's closure. >> at least two people killed and many injured after a carpark collapsed in tel aviv. it was under construction and emergency workers have been at the scene all day. they're searching into the night for s

it has been almost 100 days since the brexit vote and britain's economy is still flying blind. we bring you are recent brexit show at 9:30. fromme to "the pulse" live london, i'm francine lacqua. we have a great show lined up. at 9:30, we have our weekly show " brexit, what's next?" now, we speak to the italian ambassador to the u.k.. does renzi's referendum also pose the same risk as the brexit vote? then we bring you a panel discussion. post-brexite latest data. first, to the markets. we are getting breaking news out of deutsche bank. deutschenderstand the bank ceo speaking to employees. this is why we are looking at deutsche bank. 7%.all down we had this great new story yesterday saying that deutsche bank clients are set to reduce some of the collaterals on trade. the ceo writing to employees saying that market forces are harming confidence and banks overall. rdlyainly investors are ha confident in the markets. crude oil 47.15. the volatility index gaining 6.3%. let's get straight to the first word news. marcus: thank you very much. japanese consumer prices feel fo -- fell f

is britain in crisis? not here! the seaside resort in north norfolk, on england's east coast, is bursting at the seams because more britons are spending their holidays in britain. steve franklin usually goes camping in france. this year, he's here with his five children, fishing for crabs. >> i don't think we're seeing too bad effects yet of brexit, but we'rere really uncertain of what the future holds. we're a little bit scared of spending too much money. terrorism, i think, is a big thing for a lot of people, as well, especially with the attacks on airports and so on. >> but in wells-next-the-sea they feel safe. tourism officials boast that the police are rarely needed. foreigners are also few and far between. after the uncertainty of recent months, britons are yearning for familiarity and security. holidaymakers are flocking to norfolk, where visitor numbers are up 25% over last year. >> the decision to come out of europe, and it's playing into our hands. i mean, wells is bursting at the seams. people are setting

jobs will stay in britain and maybe immigration to britain will tamp down a little bit. what if those things do not happen, what if jobs leave britain and what if other problems do not get solved? give you one guarantee, immigration will be higher than it has ever been ahead of anything it has that's ahead of anything that happens. immigration -- ahead of anything that happens. immigration is going to be a big thing. the u.k. is still the place to come and a lot of companies are saying they are going to relocate. that was in the heat of the debate when people were making ridiculous promises. if you want a rational view of what happened, read the weatherspoon's results from last friday where tim martin spells it out. ,e says all of those people doom and gloom, everyone is going to leave. no one is saying hold on. mark: he also said they are selling off more -- they are selling us more than we are selling them. andy: why not just put tariffs on them? mark: i think you voted brexit. andy: my mom will kill me. mark: how is it going to work? may seems convinced, she wants to

president barack obama hinting britain would have to go to the back of the line. behind the ongoing u.s. transatlantic trade and ongoing negotiations with the eu. president obama: the first tax -- first task is going to figure out what exit means -- what brexit means for europe. on theld move forward tpp negotiations, in which we have invested a lot of time and effort. reporter: the government of japan issued a warning about the consequences of brexit, saying it would work closely with the japanese companies that may need to relocate their regional offices from the u.k. to yo mainland europe. she will have to clear up the question of free movement. >> what the british people voted for was to bring some control into the movement of people from the european union into the u.k.. dealing with immigration is not one of action that you take, it is something you constantly have to be looking at. >> a potential sticking point that would have to be overcome for real trade negotiations to start. with the eu and the rest of the world. anchor: let's take a look at what all th

to ireland and britain is built minted in 1949 which gives irish citizens born on foreign status in the united kingdom. >> the honorable gentleman has referred to a tribal area and discussions taking place with the irish government prior to the decision for us to leave the european union to consider how we can enhance and improve arrangements

just like european citizens can come to britain? these are all crucial decisions. has thet the moment answer to all those things. it is not surprising. it is just a few months since the vote. to get thework hard right answers over the next few years. my broad view is we should be ending up with a softer brexit than a harder brexit. the economic consequences of a harder brexit will be more severe. the idea is a little bit harder to understand than a soft brexit. there is a suggestion that we wait until the end of next year to trigger article 50. in the meantime don't you think that kind of uncertainty would damage the u.k. economy? of the most some important decisions britain is going to make since the second world war. it is absolutely vital that we get them right. a point i may just a couple of days ago is that europe is not going to be in a position to have this conversation with the u.k. until the french and german elections are out of the way next spring and summer. to -- triggerry article 50 will have to wait for a new german g

she also says that posed brexit britain is open for business. we are better in 2025 that the great city of manchester with the world expo, the home of the world's most programmable computer for the atom is split to showcase the best of britain and the best of the world to britain. >> i am very interested to hear the lobby that he's making another look at what he said very seriously. they are olympic athletes. >> mr. speaker, in this post-brexit world, nato is more important enough for, particularly article v which they sound withal. they will not sign up to the commitment or even worse those nato they should give up, go home and go away. >> i absolutely agree with my honorable friend on all the appointees made remus ever forget the importance of nato. is the cornerstone of our defense and security and is based on the fact that all those partners within nato have committed to article v and on the basis of article v. anybody who rejects that his project team that security and defense. they would be undermining our national security, but also under