this last british election when the u.k. ran on a promise to leave britain out of e.u. and david cameron promised a national referendum on national membership, promised renegotiation on membership and campaign in remaining in the e.u. >> the commitment in treaty that should not apply to britain. we have a different for europe. we believe in a flexible union of free member states who share treaties and institutions to share our prosperity and protect our people from threats from our security >>> right now a furious national argument is shaping up about costs and benefits, hook up all the tug boats you want. the british isles will only be a few dozen miles from france and a few thousand miles away from the u.s. a tension point around e.u. membership is practical, immigration markets, international standards, currencies and deep notions of what the u.k. is and what it will be. >> should remain in europe but not as it is at the moment. all our powers have been taken away. it's no good for the country. stay in europe because we need europe to trade with each other, but on a different

from around the world, including many from britain, and now a unique insight has emerged into who joined and how. it comes in these documents, smuggled out by a former member and obtained by some media organizations. the bbc has seen only a few of them, but they look to be personnel records, effectively application forms for those who arrived in iraq and syria. the questions range from the standard, name, date, and birth, through to, who has recommended you, have you done jihad before, and do you want to be a fighter or suicide bomber? the german government today confirmed it had received a copy of the files. >> in the opinion of the security services, these documents are in all probability authentic. they show how conscientious this criminal organization is and how effective it is. gordon: the documents are reported to include details of 16 britons, including those killed by drone strikes. hundreds more britons have gone out, and these documents are only thought to cover a period from late 2013 into early 2014. the security service are not making any comment on these documents, b

in britain would have voted for a looser arrangement, and more economic relationship with a reformed european union, but this is not on the table in the referendum. it is clear the european union is not fundamentally reforming and is continuing towards ever closer union. the identity is being subsumed into a greater political identity. i think the history of super nationalism is not a healthy one, and it is not healthy on the european continent at the present time. so, the three reasons that i gave. getting control of our laws getting a troll of our borders. getting control of our money. since 1996, at the european council, where the big decisions are taken about the direction of policy. on 72 occasions, the u.k. government, either labor government or the conservative government, has objected to policy being made on the basis it was against britain's national interest. on 72 occasions, we have lost an attempt to block what was happening there. it resulted in a range of laws being applied, some very trivial. we have had everything from european-applied laws on sales of u.k. m

: the present has been trying very hard to move britain toward the eu, and maybe take the euro. do you think today's developments said that back rather dramatically? >> yes. definitely. the immigration issue with the politicians opened the immigration by unseating saddam hussein the tyrant who kept the lid on the middle east. they broke that lid and the immigrants flowed in. they got easy immigration and now they have free movement. thank god britain isn't in the plan. but it heightened the awareness of this flood of muslim and potential terrorism into europe and it's greatly increased the psychological battle for an exit. then you have got most important poll anything britain other than the prime minister, boris johnson who moved into that camp. the former leader of the conservative party dunn smith moved into that camp. the damage was done because for once it looked like it was probably not taboo to discuss. so he's in real pressure. but the european union need britain. britain is the second largest economy and net contributor to the european union. has an independent nuclear det

lot of people in britain would have voted for a looser arrangement, a more economic arrangement with the reform -- reformed european union but this is not on the table in the referendum. the eu is not fundamentally reforming and it is continuing along its plan and i do not want to live in a country whose identity be subsumed into a greater political identity. i think the history of of super-nationalism is not a happy one area in so the three reasons getting control of our laws and borders in getting control of our money, since 1996 at the european council, where the big decisions are taken about the direction of policy, and 72 occasions, the u.k. government either the labor or conservative government has objected to policy being made on againsts of it is britain's national interest. on 72 occasions we have lost on attempts to block what was happening there. it has resulted in a range of laws and applied to the united kingdom, some very trivial. we have had everything from european applied laws on u.k. sales of u.k. mineral water in the u.k. to the sale of picks between farms to our l

to this but a lot of people in britain have voted for a loose arrangement or economic arrangement in the reformed european union but this isn't on the table in the referendum. it's clear that the european union is not fundamental and is continuing its path towards the union. i don't want to live in a country whose identity is being consumed into a greater political identity because i think that the super nationalism is not a happy one and it's not happy in the continent at the present time. so, the three reasons that i gave, getting control of the wall and the border and the money. since 1996 at the european council where the big decisions are taking the direction of the policy, when on 72 occasions the united kingdom government either let labour government government or the concept of government have objected to the policy being made on the basis that it was against britain's national interest on 72 occasions we lost on the attempts to block what was happening there. and it has resulted in a whole range to the united kingdom some something very trivial. i know we had everything from

britain. there's an incentive to get a free trade agreement in as quickly as possible. to prevent there being a shock to the economy. hat diminishes our risk. it is almost inconceivable that markets are not pricing in already some of this risk we have seen, fluctuations in urrency. although those tend to self correct recently. in any case, for us, and it is about our ability to prepare for a more global future. i do not view this referendum as being about leaving the eu. i think it is about rejoining the rest of the world. i don't view this referendum is being about leaving the eu. i view it as rejoining the rest of the world. >> has said the u.s. would not initiate a free trade agreement with the u.k. should you decide to leave the eu. what is your response to that? dr. fox: there will be a new government next year one way or another. frankly, we are in the dying embers of the democratics think is not significant. >> check that. dr. fox: let us leave the politics aside and i will come back to the concept of bullying, which is hugely counterproductive. given the u.k. is such a big

: britain has not been able to leave and answer the most basic question about how business it would retain access to the single market, and all of the businesses it brings. ryan chilcote is in london, or the bbc conference is being held. good morning to you. it is a complex answer, isn't it? where does the business committee stand on this issue? ryan: good morning. look, the answer to that, at least according to the most recent poll done by the bcc, 60% of business leaders support remaining in the european union. 30% think that the u.k. should exit. 10% just do not know. which was done -- and i should point that out as being an important a whole month ago -- it is pretty consistent with the other surveys we have seen of business leaders by other business groups and the united kingdom. it is, you know, more supportive of remaining in the european union than what you see when you look at the general public. perhapss more divided then perhaps george osborne would like to see. you look at the other pole we got just yesterday from the icm, that shows the remain and leave camps in a dead heat, 4

colleagues later today. the u.k. chancellor will tell the bcc that those who want britain to leave have not been able to offer the most -- answer aboutst basic questions how businesses would maintain access to a single market and the jobs and benefits it brings. ryan chilcote is at the conference. where does the business community stand? a nutshell,ow, in the business community is divided. if you look at the survey the british chambers of commerce - aelf did a monthly go - month ago, 60% favor staying within, 10% don't know, 30% against. as the director said all the business groups in britain only represent 25% of businesses here. small businesses make up a huge part of the business community. they are underrepresented. many of them do not think britain should remain within the european union. actuallytimation, it's pretty close to 50-50 within the business community. really torn. one example of that is we're going to have the business secretary speaking in a while. he's going to make the opening remarks well ahead of george osborne. on repeatedwho has occasions spoken out against

ago, british and french: soldiers fought side-by-side in these fields. britain and france are holding their 34th annual summit close to the old battlefield in northern france. top of the agenda, the migrants camped out in and around kelly who are trying to reach the u.k. is who arecala trying to reach the u.k. cameron: ther money will go towards efforts to move people from the camp in calais toward other facilities in france. towill fund joint work return migrants not in need of protection to their home countries. re: cameron also said britain's borders would be more secure if the country stayed in the eu. as french authorities continue to dismantle parts of the jungle camp in calais, france police, bound by european border agreements, patrol the area to stop migrants from jumping on lorries and crossing the channel to britain. hollande said there would be consequences if britain left of the eu. hollan this won't putde: won'ts. hollande: this put in question the historic relationship between france and the u.k., but there will be consequences in terms of how the migration is handled.

of people trying to reach britain. i'm brent goff. good to have you with us on the super tuesday, the biggest single day in the race to determine who will be the final contenders for the u.s. presidential election. let's take a closer look at the front runners vying for the vote . billionaire businessman donald trump is coming out of three consecutive primary victories in his bid for the republican ticket. if he continues, he could be well on the way to securing his party's nomination. a take a for ted cruz and his home state of texas could help him regain lost ground to trump and the latest polls to just that marco rubio may be the only candidate to come out of super tuesday with a winning chance against donald trump urea let's take you to the democrats. hillary clinton hopes that momentum from her landslide win in south carolina can help her defeat her challenger -- you are going to see him here -- bernie sanders. the 74-year-old has strong support in five states and hopes to announce back against that bruising defeat from the former first lady. one of the big surprises is texas. ri

, germany's -- finance minister with hide -- high-level executives in london. his stance on britain's place in the eu. vonnie: an exclusive interview with rick elio, what the leader of the world's largest hedge fund has to say on monetary policy and the markets. hour -- half an hour from the european close. 6.5% five-day rally, we temporarily rose, but barely and since then, the stoxx 600 is down by about 4/10 of a percent. five under -- u.s. half a point off the index but still, the index will be lower even without that. this is the 12 month chart i wanted to show you because it is a couple of days ago. shares rose to a record but a sweet story because the company said it is -- it's gross margin will narrow as much as one percentage point due to higher a forecast of to 12% increases in sales and earnings as consumers spend more ahead of euro 2016, the big soccer tournament taking place on the confident in the summer. -- will take over in october. holders, thet company has a big present in the united states, stop & shop and giant. -- quarter profit profitability and the netherlands an

those votes on the market potentially? >> that would be very important. the vote in britain is not until june so you won't begin to see that reaction. as you get closer they will be looking at the polls. the feeling is that it may adverad adversely effect britain. >> many would argue against that. that it would be in britain's best interest to stay in the eu and it would be stronger. let me ask you specifically about where we are with the terrorist attacks. does the market reaction depend on where it is? i'm trying to remember what happened after san bernardino. the market says it's terrible. our prayers and thoughts are with the people that were injured but we're going to move on. >> back to regular business. >> and i guess the question of military reaction, do you have a lock step change in the world' response and therefore an escalation of the military situation which clearly you don't have in this instance. >> no, you don't and in most of these, that's part of the frustration with it. it's not a classic military situation where you have an enemy to confront. they're hiding in b

growth and help deliver for working people in britain. >> mr. speaker, i don't believe the majority of people in this country are content to see someone diagnosed with cancer today unfit to work next year reduced to poverty because of the katz this government is putting through. in the summer budget last year the chancellor found another 6.6 billion to reduce corporation tax for big business. despite our tax operating lower than any other g7 nation. today action for children, the children's society, the national children's bureau shows that local authorities spending on children and young people has been cut by 2 billion, 71%. it doesn't this demonstrate a wrong choice by the prime minister? >> let's look at what's happened to corporation tax receipts. since we cut corporation tax. that is the question because the point of setting tax rates is to raise money rather than make a political point. the fact is corporation tax receipts are up by 20% under this government. we've got more money to spend on children him on children services, on education. whereas if we put up tax rate as he now

action network, the climate action network. they said that britain is the second best country in the world for tackling climate change after denmark. that is our record. since 2010 we have reduced greenhouse gases by 14%. we're overdeliverring against all of our carbon budgets. we secured first trially global legally binding agreement to tackle climate change, annual support for renewables doubling over 10 billion pounds by 2020. on renewable electricity we're on track to renew target of renewable sources by 2020. that happened under conservative-led government. that is the record, we're proud of it. >> mr. michael fabricant. >> mr. speaker, there are promising things in the west midlands economy. employment in the region up by 140,000 since 2010 and more than 10thousand businesses were created in the region between 2010 and 2014. thanks to our long-term economic plan for the west midlands helping to build a strong hs, reform our education system and give our police resources they need. >> michael fabricant. >> unemployment is down again it my beautiful litchfield. yesterday was abso

minister me with me to discuss further what britain can do to enhance healthcare services both for the syrian refugees and the wider church in community? >> i'm happy to meet with my honorable friend to discuss this but it is an extraordinary sight because of the scale of the endeavor underway. i think britain can be proud of what we've done in terms of the direct aid we've given and also the london conference that raised $11 billion. i know he's gotten lost in interest on what we can do to make sure facilities are delivered quickly including using military facilities. i think there may be opportunities for that but we need to make sure the emergency response from ngos and the united nations is as fast as it can be when crises like this happen in the future. >> as the prime minister struggles with certain elements in thi his party over europe doe ever think back on it inspirational prime minister wilson who made similar difficulties but to stood up to the rebels in his own party and secured a yes vote for staying in europe? will be joined with me because harold wilson's -- is next week

, britain and the u.s. it has got to go somewhere. it's been going into stocks. guy: you talk about the dollar. that is a hideout place. jim: i own a lot of u.s. dollars, yes. i'm doing it to make money because as i said -- i think it is going to get overpriced. it might even turn into a bubble. if markets around the world are crashing, everybody is going to put their money into u.s. dollars. the dollar, and i short commodities? jim, lovely. he's going to stay with us. first, china's elite gathers to approve the latest five-year plan. plus, a return from the cold as argentina looks to credit markets for the first time since 2001. we interview a former governor of the country's central bank. in more on jobs day. we had to new york. what this could mean for the fed. ♪ bbc is reporting that facebook is said to say millions more in u.k. taxes following the scandal surrounding the google playe -- paid in taxes. the british government going after these companies pretty hard. pretty happy is about that. he was just talking about the u.k. fangs. nejra: thanks. microsoft and google are amo

. up next, could london lose its role as the central hub for euro trading if britain leaves the eu? that is what a governor has warned. we discussed that next. ♪ anna: welcome back. this is "countdown." bloomberg business updates. nejra: bp won't have to raise lawsuits by oilfield service companies. they have blamed to the group ther bans imposed after gulf of mexico oil spill. has already paid out $55 billion over the spills. deutsche bank is in talks to factions, about $1 trillion in complex financial instruments. they have sold about two thirds of the credit default swaps and wants to sell the rest. department ande apple have ratcheted up with their battle over a terrorist iphone. prosecutors say the argument is undercut by its own ethics with china. apple responded, saying they are resorting to conspiracy theories. and that is your bloomberg's nest flash. anna: -- your bloomberg business flash. anna: give us the latest. it took less than 90 minutes to go from overwhelmed at the scale of draghi's stimulus too. -- stimulus too underwhelmed. just look at the swing. a 2% gain. th

, this fall has been devastating. britain's oil capital aberdeen once boasted more millionaires per capita than anywhere else in the country. now the scottish city is in crisis, with thousands of people out of work, loing their homes and relying on food banks. the collapse has also exposed the vulnerability of the scottish economy, some say weakening their case for independence from britain. reporter: ryan morison spends a lot of time home alone. his daughter is at pre-school, his wife has gone back to work. the family barely makes ends meet. the bank has only deferred their loans until the end of the month. as a drilling engineer, ryan did well out of the oil boom in the north sea. but before he and his family had even moved into their new house, he lost his job. ryan morison: in june 2015 i was told there was no future work for me at the company and we originally agreed that i would move on. i've got experience so i thought i'd put my cv out to various contractors and agencies. reporter: but that was almost a year ago, and his chances of finding a job here in aberdeen are looking

. on the programme today, the asylum seekers who hoped for britain but ended up in cyprus in norway, are child protection . services overstepping the line? and urban gardening along the ancient city walls of istanbul. the big issue facing europe right now is of course the refugee crisis. and what's interesting is how different european countries are reacting to it. here in germany a lot of the people i've been talking to say that europe has a responsibility to take in refugees. despite protests from some anti-migrant groups, mainstream society still appears to back the government's stance that europe needs to help. but when i hear the debate back in my home country of britain, you get the feeling that most british people regard it as a problem for the rest of europe to solve. and it's because of this anti-migrant sentiment in the uk that some asylum seekers have found themselves marooned on a british military base in cyprus. legally on british soil. but in reality far away from the british isles. reporter: destiny has all the things a child could ask for. and perhaps it's destiny's

comes just three months before the eu referendum in britain. the assumption is that those who are on the fence will look at europe and say, what a mess, even in the eu capital, they can't control these jihadis. let's get out of there. now, again, you can talk to any number of people who would argue as well this is kind of an illogical argument. britain is not -- leaving the eu is not going to give britain any more control of the comings and goings of joihadists into the u.k. it's an emotional question. even people who aren't prone to knee-jerk emotional reactions on such questions are openly discussing the fact that, you know, they wonder whether this eu project is such a mess that it might be time to jettison and get out. >> and you're referring to the policy of open borders, passport free travel. give us a quick rundown of what that means. >> schengen is a treaty signed is by almost every member of the eu and some european countries not in the eu, like norway and switzerland. as you say, dropped all internal borders. if you travel, for instance, from belgium to france, up until yes

britain. we speak to one of the authors of this report. welcome to "the pulse" live from bloomberg's european headquarters in london. i'm guy johnson. let's check in on the european equity story and show you what is happening. front foot forward, risk on, tax 1% higher. ftse up 0.5%. nearly 0.8s up by percent. asia had a solid session. the nikkei roaring ahead. take a look at dollar-yen. that is up 0.3%. the nikkei up 4% overnight. go to your terminal. the nikkei, the stoxx 600 and the s&p. the non-us markets have a lot catching up to do. oil is trading lower. let's get you caught up with all the news. here's nejra cehic. donald trump has a firmer grip on the republican presidential nomination. he's taken seven states as part of a commanding super tuesday showing. ted cruz won texas as well as oklahoma. hillary clinton defeated bernie sanders by wide margins in democratic primaries to give her and all but insurmountable lead. moody's has cut its outlook for china's credit rating to negative the cause of rising government debt and falling reserves. the agency sees state de

great britain. again no matter how difficult the debate may have been it has been possible for the european union and great britain to agree on a compromise, of which the british prime minister has been able to say that he has been able to get through important aspects of his demands on the other hand we have been able to say that that compromise does not call into question european union, but it's no longer in our hands. it's now for great britain to decide. it will take a referendum and i'm not one to make any forecast here too the outcome of that referendum. we only know that published opinion that is to say the public media are very critical as regards the possibility of the likelihood of great britain remaining a member of the european union. i cannot foresee who will be victorious at the end of the day. i think the greatest crisis, those in the history of the european union turns around the refugee issue. but it's no use complaining, lamenting. i'm being very open and honest. we do not agree here especially when it comes to fair burden sharing. there's quite a long way for us

small island country of great britain managed to become the greatest power on earth with an empire on which the sun never set on the secret, he said comeau was seapower. the fleet of battleships allowed britain to secure sea lanes which brought wealth to trade which brought power. here was a simple formula for anyone now this did not cause a change in american policy. but he offered a rationale and justification for naval expansion that was already beginning. the central issue remains the same. argued that was not the way to go about it. not for any particular purpose but in the conviction that somehow a great nation should have some battleships. and was secretary had call the splendid little war it was a milestone in our nations history. the new battleships of the u.s. navy utterly destroy the older and weaker spanish vessels the 1st important overseas possessions. now as a result hawaii, guam, the philippines they also created an empire and the new interest in protecting and defending that empire. the united states emerged from that self-imposed cocoon many argued the great power st

to questions about childcare in britain and the syrian cease-fire agreement. minister takeime this opportunity today to explain why this was the case? smp can chide an agreement after a settlement was put in place. what we have built is a powerhouse parliament for scotland which will have more ability to set tax rates, more ability to determine benefits for its citizens. it's time for the s&p to stop talking about grievances and get on with government. mr. speaker, csa group in my newtituency has taken on constituencies. we have had more than 1000 apprenticeships started. does my friend agreed that it is time for the government to stick with the plan some more companies have the opportunity to take on apprenticeships? prime minister cameron: we have an ambitious target for apprentices to be trained. we will do our bit by funding those programs. we want business to do its part by contributing to the apprenticeship levy, but we need small businesses like csa and the public sector to get fully involved in training apprentices to give young people the chance to earn and learn at the sa

people in britain. >> mr. speaker, i don't believe the majority of people in this country are content to see someone diagnosed with cancer today unfit to work next year reduced to poverty because of the katz this government is putting through. in the summer budget last year the chancellor found another 6.6 billion to reduce corporation tax for big business. despite our tax operating lower than any other g7 nation. today action for children, the children's society, the national children's bureau shows that local authorities spending on children and young people has been cut by 2 billion, 71%. it doesn't this demonstrate a wrong choice by the prime minister? >> let's look at what's happened to corporation tax receipts. since we cut corporation tax. that is the question because the point of setting tax rates is to raise money rather than make a political point. the fact is corporation tax receipts are up by 20% under this government. we've got more money to spend on children him on children services, on education. whereas if we put up tax rate as he now seems to be suggesting we

area where weekend turned britain? >> we've got to look at the facts rather than top-down people working so hard to teach children in our schools. the fact that these teachers are better qualified than ever, 96.6% of teachers in state-funded schools have a degree or higher qualification. those are the facts. i would argue going into teaching and now teach first is the most for graduates come as something ever happen under a labor government. you've got to know that you've got a good school system with more academies, more free schools, higher qualification, making sure with governor gray and discipline in our classroom, all of which is improved. all that is the possibility of a strong and growing economy to fund the schools. [shouting] >> thank you, mr. speaker. nicholas poe in my constituency is one of several closures this year. both of whose carbon emissions are higher than ours are building brand-new, mega stations and much of that which we are going to import. it's very hard, mr. speaker, for me to explain the logic of this to my constituents. could the prime minister has th

the earlier estimate of 2.4%. he blames global turbulence and on forecast is predicated britain remaining in the eu. george osborne once britain -- wants britain to remain in the eu. a lot of news today. sterling little changed on the back of the osborne budget. for now looking at bloomberg news. mark: president obama has nominated merrick garland, a judicial moderate to currently serves as chief judge of the d.c. court of appeals. the selection sets up a fight with senate republicans who have vowed not to hold hearings on any nominee until after november elections. isning us more -- with more the bloomberg reporter. thank you for your time. tell us, who is he? >> he is the chief judge on the d.c. circuit court. for almost a judge 20 years and has received rave reviews from republicans and democrats. he was appointed by president clinton. great things to say about him when he was considered for supreme court opening back then. the president is using this as an all of branch to republicans to press their hands a little hearings,e them have have meetings, and eventually a vote on

is going to have consequent is for britain if they leave the eu. it is a remarkable comment. it shows you how fluid this entire conversation is going to be. we are in for an exciting three months. guy: i think he is pushing the right buttons. the contest in the u.k. has gone very negative. he is taking that little further but he is pushing the negative campaign buttons. look the consequences and the disaster that will become the u.k. if it decides to leave the eu. he is pushing the migration button pretty hard here it he is pushing the financial conservative button pretty hard. he knows what he is doing. hans: i will think david cameron would necessarily would've done it any differently and is the negative side. this is the other side of the sphere component. guy: i think the brits all listen to the french. it is funny how that relationship works. the rally is still on in asia. we are seeing that quite strongly here it you're going to strengthen boards -- you are going to share the boards in just a moment. let me take you to the bloomberg fair value. london recording lower at th

open. the first of which is, the brexit discussion in great britain. again, no matter how difficult the bigger debate may have been, has been possible for the european union and great britain to agree on a compromise. of which the british prime minister has been able to say the he has been able to get important aspects of his demands. on the other hand, we have been able to say that the compromise does not call into question the european union. it is no longer in our hands. now it is for great britain to decide. it is a referendum that will take a decision on whether it is enough for great britain. i am not one to make any forecast here as to the outcome of that referendum. we already knew that published opinion, that is to say the public medium, is very critical regarding the likelihood of great britain remaining into the european union. i cannot foresee who will be victorious at the end of the day. i think the greatest crisis though, is the refugee issue. complaining.se i am being very open and honest. i do not agree, especially when it comes to fair burden sharing. there is quite

people hoping to reach great britain. how far have they gotten in tearing down the camp, paul? >> reporter: well, you can see over my shoulder, lauren, the extent to which the clearance operation has gone today. this morning, there were plywood, timber shacks on this ground in front of us. now it is bare. there is the debris of plastic bags, some sleeping bags as well, various bits of cloth, but you can see they have cleared somewhere in the region of 2 to 300 meters. given the full extent of this whole camp, then it's clearly going to take a long time to clear the whole camp, but at least they have made what they would regard as decent progress today. i have to say, though, that the opinion here in the camp is very much divided. there is a school of thought amongst some of the refugees that they are giving up the idea of hoping to get to britain. most of the people here wanting asylum in britain, and the option that we have seen is to go elsewhere, to accept the french offer of jumping on buses, going to other reception centers and taking asylum here. that said, though, there

britain and france have met to discuss the ongoing refugee crisis, a loom referendum on the e.u. membership. high on the agenda was the situation in the french refugee camp known as the jungle. >> reporter: a century ago france and britain fought shoulder to shoulder in the fields around the modern city of ammion. there was heavy symbolism in president francois hollande and president cameron at the war memorial. they got down to business, an agenda dominated by their bilateral cooperation on refugees and security. an arrangement potentially threatened by the impending british referendum on e.u. membership >> translation: i don't want to scare you. i just want to say the truth. there will be consequences if the uchlt k is to leave the e.u. there will be consequences in many areas, on the single market, on financial trade, on economic development. i don't want to guf you you a catastrophic scenario but there will be consequences - give. >> reporter: there was progress in a promise that unaccompanied refugee children will be allowed to join relatives already in the u.k. the respons

the colonies and great britain and the subservient nature of that relationship, which i'll revisit in a moment. he becomes, during the course of the french and indian war -- and although this talk and this book is about washington as an entrepreneur, i think it's important to remember that george washington was a combat veteran. and that even ties boo what i will -- into what i will talk about in a moment about washington's views of peace and how essential peace is. as a combat veteran, washington understands a number of things about the nature of war and what war does and what its impact is not only on those who are at the front lines, but on those who are at home who are also affected and in their own ways participants in war. what war does to a country and to a people. he also learns, i think, here too the extreme importance of fundamentals, of basics. this is one element of washington's character that i saw early on and that i've, it's taken a while to understand. if you look at this gentleman's fixation on detail, he's often dismissed as a micromanager, but there's a real purpose

through that process >>> the leaders of britain and france have met to discuss the ongoing refugee crisis and the looming referendum on the membership. from calais, here is paul brennan. >> reporter: a century ago france and britain fought shoulder to shoulder around the month dern city. there was cameron and francois hollande starting their conference. the two men and their ministers got down to business, an agenda dominated by their bilateral position on refugee and security. the security threatened possibly by the referendum on membership >> translation: there will be consequences if the u.k. is to leave the e.u. there will be impacts on economic trade, on development. there will be consequences, especially in terms of people as well. >> reporter: there was progress in a promise that unaccompanied refugee children will be allowed to join relatives already in the u.k. but the headline british response was to promise more financial support so most refugees stay on french soil >> we will invest an additional 70 million pounds in calais to assist the work of the french police. the m

obama took aside britain and france for allowing libya to become a mess. reporter: in benghazi, it is a most as if the war never started. soldiers take cover and a sharpshooter fires at them. ya's is where lib revolution began five years ago. today it is the so-called islamic state which is the enemy. for decades, qaddafi held libya and his grip. when he fell, there was hope that something better could be achieved. in benghazi, a promise of health. -- of help. but this was an opportunity missed. libya collapsed. two rival government and haostless -- c filled the gap. >> for a year it went by with the libyans able to set up a democratically elected parliament to start a constitution drafting process and a national dialogue process. a borderset up monitoring mission to strengthen control of libya's land borders. british government set up specific programs of assistance, but we were taking our turn from the libyans who did not want a military occupation force. wanted to be masters in their own house. reporter: the arrival of islamic state has added a new dimension to libya's problems. it w

france and britain have been discussing security and europe's refugee crisis during a meeting in the french city. as they met, there's an ongoing situation in the northern french port of calais. police have been dismantling part of a refugee camp known as the jungle, leading to a standoff with many living there. they want to go to the u.k. and claim asylum. paul brennan joining us now from calais. we're waiting to hear about the situation. no doubt that camp is going to be top of that agenda. we are just waiting for the final news conference to take place between the two leaders and don't have a lot of information what they've come up with in regard to an agreement. there was news in the french media that france would press hard for money from britain to help in the financial burden it has had to shoulder dealing with the refugees on this side of the channel. the u.k.'s stance has been firmly not to allow them across the english channel, but to pour money into assisting the french to keep them here. if i step out of the way in difficult footing, i can show you a structure that an hou

. and challenging a decision not to charge anyone following a killing in great britain, in 2005. london police have spoken and say that the brazilian l attrition was a suicide bomber. we will take a break and when we come back, we will have more news and we will have the business headlines. ♪ ♪ brent: welcome back. this is "dw news" live from berlin. a u.n. backed government has arrived in tripoli in an effort to bring peace. but you rival government demanded that the government leave. clashes have been reported. and a disappointing dark to the u.n. conference -- start to the u.n. conference over the refugee crisis. more such conferences are planned for the year. and myanmar has a sworn in their first civilian president in decades. it is not suu kyi, but she will still have influence. now to another woman with influence, we are here with the business news. >> good evening. susan: could this be the end of an era. tata is leaving the u.k. >> this industrial landscape is a site that is becoming increasingly rare in britain. the futures of 15,000 steelworkers are on the line. ta

afghanistan with his brother. by the age of 13 he has crossed continents to reach britain. his mother's departing words still ring in his ears. >> she said no matter had bad it gets can't.com back. drowning in the mediterranean might be better than blowing yourself up as a suicide bomber or being killed by a rocket attack. >> reporter: he was shot at, imprisoned, and nearly drowned. when he finally got to britain, no one believed his story. he fought the system, though to be allowed to stay. >> you are tending me back to a war zone. and when they go back, they will be threatened. but also they will be the one who will be more at risk of becoming radicalized. >> reporter: figures though that during the past nine years 2,748 young people who sought asylum in britain were sent back to war-torn countries soon after they turned 18. among those, the vast imagine yourty were sent back to afghanistan. others were returned to iraq, iran, libya, and syria. >> when they turn 18, their limbo ends, but their life in many ways ends as well. it's really shocking to see the numbers. >> reporter: the u.

european union. the assaults came weeks ahead of a vote in britain on whether the uk will remain in the eu. here to discuss the global impacts is david. always great to see you. i want to make distinctions between the eu and the currency to come and currency euro on the other. let's talk about the european union. does this weaken or strengthen the european union? >> it's tragedy. i think at first people pull together and try to make some sense out of it and make some direction out of it. the country are being forced more and more to look out for themselves. they have to act in their own self-interest. i think this is part of the european union decline. not necessary the euro's but the european younion. they're supposed to have open borders and allow investment and trade to flow among them. that becomes difficult in this situation. >> does it heighten the odd about whether the june vote to stay a part of the eu of those that want to exit? >> i think it makes it harder. britain will vote yes or no. the problem is this kind of attack focuses the british opinion on the risk of brussels,

britain will leave the eu. today european leaders are meeting in brussels to try to come up with a common policy on the migrant crisis. how important is it for the european economy that they can come up with a policy to deal with this? >> we think it is critically important for europe to address the refugee crisis from a collective point of view, for various reasons. the first is almost symbolic, because it would demonstrate to all other players that europe is coming together with a solution. second, we have done some research on the impact of refugees on gdp, on creation of value. if there is good integration of refugees, then their contribution can mean an additional .2% growth. in some countries, an additional .5% growth. that means a lot in an area of where the forecast is anywhere between 1.5 and 1.7. meanwhile, there is the prospect of britain leaving or staying in the european union. the referendum in june. how critical do you think it is that the exit gets sorted out soon both for britain and europe's economic stability? >> we believe it is critical that the situation be resolved