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Jan 17, 2017
01/17
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CSPAN
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so to our friends across europe, let me say this. our vote to leave the european union was no rejection of the values we share. the decision to leave the eu represents no desire to become more distant to you, our friends and neighbors. it was no attempt to do harm to the eu itself or to any of its remaining member states. we do not want to turn the clock back to the days when europe was less peaceful, less secure and , less able to trade freely. it was a vote to restore, as we see it, our parliamentary democracy, national self-determination, and to become even more global and internationalist in action and in spirit. we will continue to be reliable partners, willing allies and , close friends. we want to buy your goods and services, sell you ours, trade with you as freely as possible, and work with one another to make sure we are all safer, more secure and more prosperous , through continued friendship. you will still be welcome in this country as we hope our citizens will be welcome in yours. at a time when together we face a seriou
so to our friends across europe, let me say this. our vote to leave the european union was no rejection of the values we share. the decision to leave the eu represents no desire to become more distant to you, our friends and neighbors. it was no attempt to do harm to the eu itself or to any of its remaining member states. we do not want to turn the clock back to the days when europe was less peaceful, less secure and , less able to trade freely. it was a vote to restore, as we see it, our...
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Jan 21, 2017
01/17
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LINKTV
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eye 40
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he will help europe to create a greater europe. nightmare,uld be a but give him 100 days to see what happens when she becomes more president. melinda: thanks all of you for being with us and all of you out there for tuning in. ñ;a]]]]]]] >> welcome to a very special new years edition of focus on europe, i'm michelle henery. we are wrapping up 2016 by taking a look back at some of our best reports of the year. and what a year it was! we've seen just how divided this continent is. it was a shock to many europeans when britain voted to leave the european union in the brexit referendumum. ththe fishermen in cornwall, however, are elated. >> bye-bye brussels! now we can spend our own money on what we think is right. >> the fishermen of no w
he will help europe to create a greater europe. nightmare,uld be a but give him 100 days to see what happens when she becomes more president. melinda: thanks all of you for being with us and all of you out there for tuning in. ñ;a]]]]]]] >> welcome to a very special new years edition of focus on europe, i'm michelle henery. we are wrapping up 2016 by taking a look back at some of our best reports of the year. and what a year it was! we've seen just how divided this continent is. it was a...
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Jan 22, 2017
01/17
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LINKTV
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eye 31
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he will help europe to create a greater europe. nightmare,uld be a but give him 100 days to see what happens when she becomes more president. melinda: thanks all of you for being with us and all of you out there for tuning in. a announcer: this is a production of china central television america. mike: whwhat makeses a visionan? for some, it's the passion for innovation. for others, it's seeing opportunities to make a difference when others have given up. this week on "full frame," conversations with visionaries who are using their global fame to make an impact. i'm mike walter coming to o you from the heart of new york city's vibrant timemes square. let's take it "full frame."
he will help europe to create a greater europe. nightmare,uld be a but give him 100 days to see what happens when she becomes more president. melinda: thanks all of you for being with us and all of you out there for tuning in. a announcer: this is a production of china central television america. mike: whwhat makeses a visionan? for some, it's the passion for innovation. for others, it's seeing opportunities to make a difference when others have given up. this week on "full frame,"...
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90
Jan 17, 2017
01/17
by
BBCNEWS
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eye 90
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the eu, you stop trading with europe, and thatis you stop trading with europe, and that is not the case. this isn't about stopping trading with europe, it's about trading in a restricted single market that stops us trading freely with other countries. we heard evidence in the brexit select committee that if there isn't an agreement on that by the end of two years, transitional arrangements could allow us to trade at zero tariffs with the eu until a free—trade agreement is reached. so there is plenty of scope for opportunities and we need to explore all of those to get the best deal for the british people. some say she is throwing in the towel by not trying to get the best sort of terms to stay in the single market while exploring the potential for freedom of movement at the same time, and then move into the final position of dropping out completely. is she throwing in the towel?|j dropping out completely. is she throwing in the towel? i don't think so. throwing in the towel? i don't think so. all of us recognise that having access to the single market would be access to the single mar
the eu, you stop trading with europe, and thatis you stop trading with europe, and that is not the case. this isn't about stopping trading with europe, it's about trading in a restricted single market that stops us trading freely with other countries. we heard evidence in the brexit select committee that if there isn't an agreement on that by the end of two years, transitional arrangements could allow us to trade at zero tariffs with the eu until a free—trade agreement is reached. so there is...
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Jan 15, 2017
01/17
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CSPAN3
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eye 50
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there was indeed now a panic in the business community in europe. the american business and finance showed also growing nervousness during this period. of july,s the 30th this manner to his wife that he was "still hopeful the result would not be a general consecration, even if the situation was, i quote him again, very critical." a day later, the powerful jp morgan expressed his alarm at the news from europe, but was still hoping, i quote him, "that there would not be the general war." he did not wish to underestimate the gravity of the present situation but believed that , there were opportunities for sobering second thoughts of the people of europe to prevail over their first impulses, and he expected, i quote, "the writing -- rising tide of people who are to pay for the war with their blood and with their property." so he was clearly also thinking of his own clientele, the upper test middle classes -- middle classes and not just the ordinary workers who were sitting in the trenches. a few days later, when the war began, van der lippe observed tha
there was indeed now a panic in the business community in europe. the american business and finance showed also growing nervousness during this period. of july,s the 30th this manner to his wife that he was "still hopeful the result would not be a general consecration, even if the situation was, i quote him again, very critical." a day later, the powerful jp morgan expressed his alarm at the news from europe, but was still hoping, i quote him, "that there would not be the general...
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Jan 18, 2017
01/17
by
CSPAN2
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eye 35
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these sectors employ millions around europe. and i don't believe that use leaders will seriously tell spanish fishermen, the young unemployed and millions of others that they want to make them poor just to punish britain to make a political point. for all of these reasons and because of our shared values and the goodwill that exists on both sides i'm confident we'll follow a better path. i'm confident to positive agreement can be reached. it's right for the government to prepare for every eventuality but to do so in the knowledge that an optimistic approach to negotiations to come is in the best interest of europe and britain, we do not approach these negotiations affect expecting failure we are a great global nation was so much to offer europe and so much to offer the world. one of the world's largest and strongest economy the finest intelligence services in the greatest armed forces on the self power and partnerships and alliances on every continent. another thing that's important, the essential ingredients of our success, the
these sectors employ millions around europe. and i don't believe that use leaders will seriously tell spanish fishermen, the young unemployed and millions of others that they want to make them poor just to punish britain to make a political point. for all of these reasons and because of our shared values and the goodwill that exists on both sides i'm confident we'll follow a better path. i'm confident to positive agreement can be reached. it's right for the government to prepare for every...
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Jan 30, 2017
01/17
by
BBCNEWS
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eye 53
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we need a more united europe and not disintegrated europe. how should nationalism solve the problems we are facing today in europe? climate change? should it be sold by nationalism. or the migration flow? this is a very basic issue. when people in germany say, do they mean europeans or germans? certainly in the uk, probably only in belgium, where you come from. i think it's already thousands of mils from britain, british citizens telling me, i want to be an eu citizen, i don't want to break up the link with europe. because europe that belongs to my civilisation, my culture, my literature, my architecture. it's true that people are feeling german or italian or british but also european, an identity is not one identity. no. an identity are different layers and every person has his own identity. don't give it to the politicians to discuss and define what identity is. you propose defence unity, banking unity, fiscal unity, political union. basically it's the full works. that is what euro—sceptics said people were plotting and wanted inside the
we need a more united europe and not disintegrated europe. how should nationalism solve the problems we are facing today in europe? climate change? should it be sold by nationalism. or the migration flow? this is a very basic issue. when people in germany say, do they mean europeans or germans? certainly in the uk, probably only in belgium, where you come from. i think it's already thousands of mils from britain, british citizens telling me, i want to be an eu citizen, i don't want to break up...
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Jan 17, 2017
01/17
by
LINKTV
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a good friend and neighbor to europe. yet i know there are some voices calling for a punitive deal that punishes britain, and it goes with other countries from taking the same path. that would be an act of calamitous self harm for the countries of europe, and it would not be the act of a friend. -- indeed, wenot could not -- accept such ann approach. while i am confident that this sure ao -- while i am positive agreement can be reached, i am equally clearqwum announcer: this is a production of china central television amamerica. mike: "awesome" " is an adjectie used to describe everything from the latest trending youtube video to life-changing moments, but some ideas are simply just, well, awesome. this week onon "full frame," the awesome episode. i'm mike walter coming to you from the heart of new york city's vibrant times square. let's take it "full frame."
a good friend and neighbor to europe. yet i know there are some voices calling for a punitive deal that punishes britain, and it goes with other countries from taking the same path. that would be an act of calamitous self harm for the countries of europe, and it would not be the act of a friend. -- indeed, wenot could not -- accept such ann approach. while i am confident that this sure ao -- while i am positive agreement can be reached, i am equally clearqwum announcer: this is a production of...
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52
Jan 18, 2017
01/17
by
CSPAN2
tv
eye 52
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but we are not leaving europe. and that is why we think a new and equal partnership between an independent of governing global britain and our friends and allies in the eu. not partial membership of the european union. in membership of the european union for anything that leaves us half in and half out. we do not seek to adopt a model for to be enjoyed by other countries. we do not seek to hold onto membership as we leave. number the united kingdom is leaving the european union. and my job is to get the right deal for britain as we do. so today, i want to outline our objective and negotiations ahead.12 objectives. that amount to one big goal. a new positive and constructive partnership between britain and the european union. and as we negotiate that partnership, we will be driven by simple principles. we will provide as much certainty and clarity as we can at every stage. and we will take this opportunity to make britain stronger to make britain fair and to build a more global britain. the first objective is crucia
but we are not leaving europe. and that is why we think a new and equal partnership between an independent of governing global britain and our friends and allies in the eu. not partial membership of the european union. in membership of the european union for anything that leaves us half in and half out. we do not seek to adopt a model for to be enjoyed by other countries. we do not seek to hold onto membership as we leave. number the united kingdom is leaving the european union. and my job is...
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Jan 17, 2017
01/17
by
CNBC
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it's not so clear in europe. they have the strategy and sometimes a retrench from certain businesses. u.s. banks have consolidated and benefited from an economy which is doing better than europe. so, shgs yshg, yes, profits can dynamic. beyond this, what's important for europe, you need to have a few strong european banks, and overall a strong europe and banking sector to finance the economy. still banks is the major component of the financing of the economy, not capital markets in europe. we might migrate to a system, but it will take some time. >> you came out after the uk vote and you committed to europe, now there's talk that if the uk does leave the common market, that could be a problem for the banking seconder in particular. how are you thinking about it? >> i'm shot sure it will be a problem for the banking sector. it are add more complexity to adapt the design of the operations. can i say for a bank like societe generale it's not a big deal. we have a presence in the uk and eurozone, with licenses, premi
it's not so clear in europe. they have the strategy and sometimes a retrench from certain businesses. u.s. banks have consolidated and benefited from an economy which is doing better than europe. so, shgs yshg, yes, profits can dynamic. beyond this, what's important for europe, you need to have a few strong european banks, and overall a strong europe and banking sector to finance the economy. still banks is the major component of the financing of the economy, not capital markets in europe. we...
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Jan 17, 2017
01/17
by
BBCNEWS
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we are leaving the european union but we are not leaving europe, and thatis but we are not leaving europe, and that is why we seek a new and equal partnership between an independent self—governing global britain and oui’ self—governing global britain and our friends self—governing global britain and ourfriends and self—governing global britain and our friends and allies in the eu. not partial ownership of the european union, associate membership of the european union or anything that leaves us half in, half out. we do not seek to adopt a model held by other countries. we do not seek to hold onto other bits of membership as we leave. the united kingdom is leaving the european union, and my job is to get the right deal for britain as we do. the prime minister also said that no deal is better than a bad deal on the uk's withdrawal from the european than a bad deal on the uk's withdrawalfrom the european union. while i am confident that this scenario need never arise, while i am sure a positive agreement can be reached, i am equally clear that no dealfor britain is better than a bad
we are leaving the european union but we are not leaving europe, and thatis but we are not leaving europe, and that is why we seek a new and equal partnership between an independent self—governing global britain and oui’ self—governing global britain and our friends self—governing global britain and ourfriends and self—governing global britain and our friends and allies in the eu. not partial ownership of the european union, associate membership of the european union or anything that...
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Jan 1, 2017
01/17
by
BBCNEWS
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eye 59
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what types of europe? will people who support the project win those elections, or will people who want to rip up the project, and cause more tension in europe, and possibly split up the european union, will they win? it's going to be a fascinating year. we are going to wrap it up, but let's put the cards on the table. could we see a european shock, like we have seen brexit, and the election of donald trump? all the polls — i know we have to be very careful. all the polls suggest not. but at the end of 2017, what might be described as the establishment parties have put themselves back at the centre of europe. the european project is incredibly important to the european governments, at the end of 2017, but the polls suggest that they look more victorious than those who want to break up the european union. one thing we learnt this year was, don't listen to the polls! kamal ahmed, thank you for your time this year. happy new year. thank you, and to you. the uk's decision to leave the european union certainly
what types of europe? will people who support the project win those elections, or will people who want to rip up the project, and cause more tension in europe, and possibly split up the european union, will they win? it's going to be a fascinating year. we are going to wrap it up, but let's put the cards on the table. could we see a european shock, like we have seen brexit, and the election of donald trump? all the polls — i know we have to be very careful. all the polls suggest not. but at...
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Jan 29, 2017
01/17
by
LINKTV
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eye 54
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more europe. they are actually anti-european and anti-democratic. >> who can stand up to these right-wing populists? melinda: derek scally, the other guests just weighed in quite vocally on what they think is driving divisions here in germany and elsewhere, whether it is more of a social and economic, or a nationalist issue. how do you see it, and do you think martin schulz is the man to staunch the bleeding from the social democratic party? it has seen voters leaving from the left to move toward the rightt, this alternative for germany. derek: it is like 100 years ago when the far right started pulling left because they said, we are a better r representation of your interest.t. martin schulz, on his last interview before he left brussels, he said, i want to finally make clear to people that it is dangerous to come to brussels and then go home and say some invisible force put pressure on me to agree to something. he will be trying to call out this lie at the heart of politics in europe that someho
more europe. they are actually anti-european and anti-democratic. >> who can stand up to these right-wing populists? melinda: derek scally, the other guests just weighed in quite vocally on what they think is driving divisions here in germany and elsewhere, whether it is more of a social and economic, or a nationalist issue. how do you see it, and do you think martin schulz is the man to staunch the bleeding from the social democratic party? it has seen voters leaving from the left to...
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Jan 19, 2017
01/17
by
BLOOMBERG
tv
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in europe. it's always great to speak to you. thank you so much for joining us. when you look at brexit, and we spoken to a lot of bankers, what does brexit mean for you? have you seen an appetite for temporary staff? what does it mean for your company? level, is-- at this quite limited. is always somehow good for activity. inre we see the impact is the london area, and focused on the financial services for highly skilled people. will find out more when we speak to the prime minister later on, but does it mean you need to go out in the u k and actively look for people with british citizenship? will it change her model in the u.k.? difficult to figure out the details of all the measures that will be taken. some small activities will probably move back to europe. we saw the announcement of hsbc, but it is quite limited. do you think you would have gotten a better price if you had bought it a couple of months after the referendum? >> were very pleased with the acquisition. we have the recruitments
in europe. it's always great to speak to you. thank you so much for joining us. when you look at brexit, and we spoken to a lot of bankers, what does brexit mean for you? have you seen an appetite for temporary staff? what does it mean for your company? level, is-- at this quite limited. is always somehow good for activity. inre we see the impact is the london area, and focused on the financial services for highly skilled people. will find out more when we speak to the prime minister later on,...
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Jan 9, 2017
01/17
by
BLOOMBERG
tv
eye 66
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clearly no quarter was given to him in europe. they are getting that message back from europe. in any negotiation, you have to be firm, then you negotiate from that point. -- we know it is supposed to be done by the end of march anyway. francine: does it have a significant impact on pound or is a lot of the hard brexit, as we call it, priced in? and what does it mean for banks? mike: it is not good news for banks. some banks probably have to move staff out of london as a result of hard brexit unless they can pull off the most fantastic negotiation, which seems unlikely. in terms of the pound, you can probably see some further downside for sterling, but you have to take in mind the fact that the pound is already very weak. twohink we're already about standard deviations cheaper against the dollar. i wouldn't be surprised if you saw us heading down towards 1.15, but i think at that level it starts to look very cheap. what happens to the current account? it is the main concern, right, which we haven't talked about enough. mike: in time, you would expect a weaker currency to feed t
clearly no quarter was given to him in europe. they are getting that message back from europe. in any negotiation, you have to be firm, then you negotiate from that point. -- we know it is supposed to be done by the end of march anyway. francine: does it have a significant impact on pound or is a lot of the hard brexit, as we call it, priced in? and what does it mean for banks? mike: it is not good news for banks. some banks probably have to move staff out of london as a result of hard brexit...
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Jan 19, 2017
01/17
by
CNBC
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, but beyond europe, too. so at the heart of the plan is a determination to pursue a bold and ambitious free trade agreement between the uk and european union. but more than that, we seek freedom to strike new trade deals with old friends and new allies right around the world as well. i'm pleased we started discussions on future trade ties with countries like australia, new zealand and india. countries including china and brazil and the gulf states have expressed their -- >> we'll just pick up -- actually we just have theresa may back again. >> that help to build a better world. for the challenges we face like terrorism, climate change and modern slavery don't stop at national borders, nor do they stop at the boarders of continents. the challenges and opportunities before us require us to look outwards in a spirit of cooperation and partnership. that is why as i said in my speech on tuesday, i wanted the uk to emerge from this period of change as a truly global britain. the best friend and neighbor to our euro
, but beyond europe, too. so at the heart of the plan is a determination to pursue a bold and ambitious free trade agreement between the uk and european union. but more than that, we seek freedom to strike new trade deals with old friends and new allies right around the world as well. i'm pleased we started discussions on future trade ties with countries like australia, new zealand and india. countries including china and brazil and the gulf states have expressed their -- >> we'll just...
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96
Jan 22, 2017
01/17
by
CSPAN3
tv
eye 96
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much needed in europe. some neutrality had a business side to it, but the white house and congress, it was even more important that the american public was in no mood to join the fight. the supplied not only to pacifist -- applied not only to pacifist movements that sympathy for britain and france along the east coast, also to the rest of the country. there were the american-german communities in the midwest totaling 20% of the west, many of the members who were pro-german at this point. be neutral also have the advantage american deliveries could be made as long as they were sent to both sides of the european war. but the blockades britain imposed on germany, these deliveries quickly became under the observation of international law. i would like to expand on what was said until yesterday about the naval warfare, because there is an international law i mentioned, and there is a good book which i would like to mention. this precisely looks at the changes in the laws of warfare and international law in this
much needed in europe. some neutrality had a business side to it, but the white house and congress, it was even more important that the american public was in no mood to join the fight. the supplied not only to pacifist -- applied not only to pacifist movements that sympathy for britain and france along the east coast, also to the rest of the country. there were the american-german communities in the midwest totaling 20% of the west, many of the members who were pro-german at this point. be...
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95
Jan 22, 2017
01/17
by
BBCNEWS
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eye 95
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, the europe where there could be a referendum in europe, for example, and in italy and in france, which could very easily go the same way as ours did and i think we might, a year from now... alas, it won't be delayed. you hear labour, most labour people, a few rebels, corbyn saying "we are going to sign it". the lib dems won't, but she will get it through, i am afraid. the other point of clarity, polly, with due respect, i felt it was clear in one aspect. she's willing to go for brinkmanship with europe. she has a way of taking both sides to ransom. "if you don't agree with me, we have another way of becoming a different country". that's a reasonable negotiating tactic. except it's such a terrible prospect. she wants us to be a singapore, a bargain basement, lowest possible tax... we would be cutting off our own nose to spite our face if we did that. i agree, and the impossibility of her suggestion of course strikes you immediately, because there's so many circles to square, as it were. one thing is, where is the money? we talk about money in the trump case. where does she get the money
, the europe where there could be a referendum in europe, for example, and in italy and in france, which could very easily go the same way as ours did and i think we might, a year from now... alas, it won't be delayed. you hear labour, most labour people, a few rebels, corbyn saying "we are going to sign it". the lib dems won't, but she will get it through, i am afraid. the other point of clarity, polly, with due respect, i felt it was clear in one aspect. she's willing to go for...
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23
Jan 21, 2017
01/17
by
BBCNEWS
tv
eye 23
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it's holding europe to ransom oi'i isolation. it's holding europe to ransom on that account. the germans and the rest of europe, like us, are less motivated by economics when it comes to the crunch than by principle and their principles about europe will be stronger, just as oui’s were. europe will be stronger, just as ours were. we have done ourselves terrible economic harm for the sake ofa terrible economic harm for the sake of a fantasy belief in our great independented pence. have we done ourselves harm? we don't know. it's likely. it hasn't happened yet. we haven't done anything yet. we are not out. markets are all predictive. the markets seem to have decided this is a do—able thing. the markets seem to have decided this is a do-able thing. from somebody who came to this country about 16 years ago, i can say that i can feel that actually internationally, globally, britain asa internationally, globally, britain as a country where english is spoken, part of europe will still be extremely interesting for people from asia to come and do business with, from south asia, ea
it's holding europe to ransom oi'i isolation. it's holding europe to ransom on that account. the germans and the rest of europe, like us, are less motivated by economics when it comes to the crunch than by principle and their principles about europe will be stronger, just as oui’s were. europe will be stronger, just as ours were. we have done ourselves terrible economic harm for the sake ofa terrible economic harm for the sake of a fantasy belief in our great independented pence. have we done...
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48
Jan 19, 2017
01/17
by
BLOOMBERG
tv
eye 48
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, but beyond europe too. plan ihe heart of the set out earlier this week is a determination to pursue a bold and ambitious free trade agreement between the u.k. and the european union. but more than that, we seek the freedom to strike new trade deals with old friends and new allies right around the world as well. that we've already started discussions on future trade ties with countries like australia, new zealand, and includingle countries china, brazil, and the gulf states have expressed their interest in striking trade deals with us. it is about embracing genuine free trade, because that is the basis of our prosperity, but also the best way to cement the multilateral or ships and cooperation that help to build a better world. the challenges we face, like terrorism, climate change, and modern slavery, don't stop at national borders. nor do they stop at the borders of continents. the challenges and opportunities before us require us to look outwards in a spirit of cooperation and partnership. that is why, as
, but beyond europe too. plan ihe heart of the set out earlier this week is a determination to pursue a bold and ambitious free trade agreement between the u.k. and the european union. but more than that, we seek the freedom to strike new trade deals with old friends and new allies right around the world as well. that we've already started discussions on future trade ties with countries like australia, new zealand, and includingle countries china, brazil, and the gulf states have expressed...
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32
Jan 23, 2017
01/17
by
BLOOMBERG
tv
eye 32
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neil: i think people underestimate the desire of many politicians in europe to remain in europe. the pention is whether has the same political dna that maybe every other politician you and i have ever had analyze has had. foron still want something guy: france. hold the french politics, we will talk about that. how much positioning inside the boat at the moment is inside this trade? neil: i think the default for the big insurance companies enjoy the bund. it doesn't matter what it is priced at, they don't manage it in that way. with the cash they see coming in the in there businesses they would not be buying the bund they would be looking to make more risk and return. guy: we will get into the french story next. stay with us. france's presidential primary takes the first round of voting. leftistt voters any policy. certainly fits with france. globe.g the opec and other nations struck a deal about output cuts and exit wounds. steady decline in u.k. wages over the next 20 years. on that interview later in this program. this is bloombeg. ♪ guy: welcome back to the european open. 1
neil: i think people underestimate the desire of many politicians in europe to remain in europe. the pention is whether has the same political dna that maybe every other politician you and i have ever had analyze has had. foron still want something guy: france. hold the french politics, we will talk about that. how much positioning inside the boat at the moment is inside this trade? neil: i think the default for the big insurance companies enjoy the bund. it doesn't matter what it is priced at,...
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Jan 19, 2017
01/17
by
BLOOMBERG
tv
eye 56
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but also across europe. joe: that was james gorman, and the morgan stanley ceo, with bloomberg's erik schatzker in davos. scarlet: it is time for the bloomberg business flash. american express says fourth-quarter profits fell more than 8%, as expenses topped analysts' estimates. eps came in a $.88, $.11 short of projections. amex is spending more to recover from the loss of its largest costco. partner, and we have some breaking news. this is president-elect donald trump making an appearance at the lincoln memorial, where there's already a concert underway. he is with soon-to-be first lady melania, his wife. music earlier at the lincoln memorial, a concert. all part of the inauguration festivities. it will become official around noon tomorrow. scarlet: president-elect donald trump arriving at lincoln center, where they had already been holding a concert. beautiful day. joe: look at that sky. pretty impressive. scarlet: this is bloomberg. ♪ scarlet: tomorrow we will bring you more interviews from the world e
but also across europe. joe: that was james gorman, and the morgan stanley ceo, with bloomberg's erik schatzker in davos. scarlet: it is time for the bloomberg business flash. american express says fourth-quarter profits fell more than 8%, as expenses topped analysts' estimates. eps came in a $.88, $.11 short of projections. amex is spending more to recover from the loss of its largest costco. partner, and we have some breaking news. this is president-elect donald trump making an appearance at...
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Jan 2, 2017
01/17
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francine: you were mentioning europe and the fact you are more concerned about the economies of europe. is there anything politicians can do to stave off -- i don't know if you want to call it a wave of populism or being more in touch with the voter anger, let's call it that. douglas: obviously, i'm not a olitician or social scientist, reward for their savings. so, you can argue both sides, and economists do. francine: you were mentioning europe and the fact you are more concerned about the economies of urope. is there anything politicians can do to stave off -- i don't know if you want to call it a wave of populism or being more in touch with the voter anger, let's call it that. douglas: obviously, i'm not a politician or social scientist, but it does seem to me that people react badly to uncertainty in their own osition. you know, they want to believe that the future will give them more opportunities to be able to do more for their families. their kids will have a better than they have had, and so on, nd so forth. and i think that means giving some confidence to populations about the
francine: you were mentioning europe and the fact you are more concerned about the economies of europe. is there anything politicians can do to stave off -- i don't know if you want to call it a wave of populism or being more in touch with the voter anger, let's call it that. douglas: obviously, i'm not a olitician or social scientist, reward for their savings. so, you can argue both sides, and economists do. francine: you were mentioning europe and the fact you are more concerned about the...
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Jan 26, 2017
01/17
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that is a no-brainer trade in europe. in qe, we think the tapering starts at january 20 18th. -- january of 2018. popping? asre you well? >> they could push equities relative to bonds. manus: you are always a great litmus test for the etf flows, in terms of the american investor into europe. america might be ringing the dow bell, but you are bringing the european bell. >> there is risk everywhere, but it is a good deal. manus: is there flow to be had? >> last year there was a great divide between etf flows into europe and the euros. the prior year, they were almost equal. in 2016, u.s. investors were selling european etf 10 months in a row. in the last month, u.s. investors start to purchase european etf. it looks to me the are ready to come back in. there is still political risk. we have to get through france and we have a dutch election. we are starting to see profit growth. they are starting to nibble. manus: thank you very much for coming in this morning and putting this in context, kar en olney. there are some big st
that is a no-brainer trade in europe. in qe, we think the tapering starts at january 20 18th. -- january of 2018. popping? asre you well? >> they could push equities relative to bonds. manus: you are always a great litmus test for the etf flows, in terms of the american investor into europe. america might be ringing the dow bell, but you are bringing the european bell. >> there is risk everywhere, but it is a good deal. manus: is there flow to be had? >> last year there was a...
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Jan 17, 2017
01/17
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so to our friends across europe, let me say this. the europeaneave union was no rejection of the values we share. eu decision to leave the represents no desire to become more distant to you, our friends and neighbors. it was no attempt to do harm to the eu itself or any of its remaining member states. we do not want to turn the clock back to the days when europe was less peaceful, less secure, and less able to trade freely. it was a vote to restore as we see it our parliamentary democracy, natural self-determination, and to become even more global and internationalist in action and in spirit. we will continue to be reliable partners, willing allies, and close friends. we want to buy your goods and services, trade with you as freely as possible, and work with one another to make sure we are all safer, more secure, and more prosperous through continued friendship. you will still be welcome in this country as we help our citizens will be welcome in yours at a time when we face serious threats to our enemies. our intelligence committees
so to our friends across europe, let me say this. the europeaneave union was no rejection of the values we share. eu decision to leave the represents no desire to become more distant to you, our friends and neighbors. it was no attempt to do harm to the eu itself or any of its remaining member states. we do not want to turn the clock back to the days when europe was less peaceful, less secure, and less able to trade freely. it was a vote to restore as we see it our parliamentary democracy,...
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Jan 27, 2017
01/17
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this is a problem of europe. europe is too slow and too bureaucratic. peopleinister, some describe your party as a protest or popular party. have you been inspired by anything from donald trump? meno, he was inspired by because i was first. and our movement, we are not populist. we are problem-solving. and a common sense party. theso as minister, i have best budget in the history of our country. last year i had a surplus, i reduced that by 2.6 billion euro. debtse one of the lowest in europe. and i came from business and we have the results. i'm so sorry, we are up against a heartbreak. very good to speak to you. this is bloomberg. ♪ ♪ brews on thear border. the mexican president canceled his trip to washington after trump pledges to rewrite nafta and make mexico pay for the wall. a special relationship. may meets with trump in the first meeting between the u.s. president and a foreign leader. the u.k. prime minister hopes to lay groundwork for a post-brexit trade deal. to boj buys off more bonds keep yields low. the yen extends its just decline in
this is a problem of europe. europe is too slow and too bureaucratic. peopleinister, some describe your party as a protest or popular party. have you been inspired by anything from donald trump? meno, he was inspired by because i was first. and our movement, we are not populist. we are problem-solving. and a common sense party. theso as minister, i have best budget in the history of our country. last year i had a surplus, i reduced that by 2.6 billion euro. debtse one of the lowest in europe....
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Jan 2, 2017
01/17
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europe are looking for a quick exit of the uk from the eu. isn't the counterargument to you gloom mongers that at some point reality will indeed set in, and you've got to make it work? britain isn't going to be towed out into the atlantic, europe isn't going to go away, we'll still want to trade with each other, so somehow we've got to reach a deal. yeah. and there is another argument which is that the crisis will not be in the uk, but will be in the rest of the european union. with the security threat which became a huge issue again at the end of 2016, the elections in other countries which means that theresa may... there's no point for example theresa may negotiating with president hollande, we know he will not be there. the italian banks. so it could be that there is a sort of wider identity crisis for the european union, which overrides britain, which will be seen as ahead of the times in getting out of an imploding institution. i think that is unlikely in the sense that in the uk we are always predicting that the european union in one fo
europe are looking for a quick exit of the uk from the eu. isn't the counterargument to you gloom mongers that at some point reality will indeed set in, and you've got to make it work? britain isn't going to be towed out into the atlantic, europe isn't going to go away, we'll still want to trade with each other, so somehow we've got to reach a deal. yeah. and there is another argument which is that the crisis will not be in the uk, but will be in the rest of the european union. with the...
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Jan 2, 2017
01/17
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it's the biggest fear that europe is no longer going to be a cohesive area. the reality is that people worry too much about this in my view. my view would be europe is going to surprise the most in 2017 and consequently the euro and european stock markets are the big out performers. >> and that seems to be a contrarian view. >> when people fear something already -- the biggest fear out there is european unity desintgration. people already factorer that in, worry about that. so the reality is much of it is patched in. the dutch elections, the the german elections, and much is concerned about already. europe's already disliked. look at those massive out flows from european equities in 2016. therein lies your opportunity. i'm optimistic. >> any specific areas you like in europe when it comes to looking for bargains? they suggested some of of the blue chip stocks could out perform? >> i would agree that they're generally cheaper than their u.s. peers. but two areas seem to me most interesting. the first is that you will see an improvement in more domestically eco
it's the biggest fear that europe is no longer going to be a cohesive area. the reality is that people worry too much about this in my view. my view would be europe is going to surprise the most in 2017 and consequently the euro and european stock markets are the big out performers. >> and that seems to be a contrarian view. >> when people fear something already -- the biggest fear out there is european unity desintgration. people already factorer that in, worry about that. so the...
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Jan 2, 2017
01/17
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the monopoly of a bomb, but actually to destroy europe, to invest in europe and to invest in britain, and lend britain the money it needed to get back on its feet, then europe would have something which will, to use his phrase, stop the world. so six months later he goes to a university. the zurich speech is as remarkable as the first speech in a different way. and there's an instant connection. he said, i'm going to say something now which will stop. he writes in "now." and what he proposes is a kind of united states in europe. he's not proposing britain be a member of it at all. but in the speech he says, we have to build a kind of united states in europe. and it has to be led by a partnership of reconciliation. between france and germany. now, this is september 1946. the french have just executed a collaborator. there are nazi atrocities of horror. yet here he is standing at the second podium and proposing this second reconciliation between france and germany. to go is an po president-elect tick. trying to explain what he said. but actually -- [ inaudible ] -- i'll tell you what m
the monopoly of a bomb, but actually to destroy europe, to invest in europe and to invest in britain, and lend britain the money it needed to get back on its feet, then europe would have something which will, to use his phrase, stop the world. so six months later he goes to a university. the zurich speech is as remarkable as the first speech in a different way. and there's an instant connection. he said, i'm going to say something now which will stop. he writes in "now." and what he...
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Jan 24, 2017
01/17
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within terms of europe, that broad brush of buying europe, of course typically what happens, when you have long periods of negative sentiment toward a particular region, you get all companies being tarnished. if you start looking amongst the european companies that are there, you can pick out -- from a bottom up approach, you can pick out the winners, which are still trading at attractive valuations compared to their peers. matt: can you look at central-bank policy and say may be draghi is the most dovish, and that will support european equities more than you will see the bank of england with the fed supporting equities in each of their respective countries? guest said the european central bank has a scorched-earth policy when it comes to monetary policy. >> yeah. i think that's correct. certainly with the ecb, for the time being, we have their support. but this is not the reason why i would recommend europe over large-cap u.s. it is more to do a simple valuation. as the year goes on we will see increasing pressure from particularly germany for the ecb to start drawing to a close. as
within terms of europe, that broad brush of buying europe, of course typically what happens, when you have long periods of negative sentiment toward a particular region, you get all companies being tarnished. if you start looking amongst the european companies that are there, you can pick out -- from a bottom up approach, you can pick out the winners, which are still trading at attractive valuations compared to their peers. matt: can you look at central-bank policy and say may be draghi is the...
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Jan 27, 2017
01/17
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when it was over, a great public silence descended on europe. after the war, the nations of europe were so preoccupied by their own victimhood that they did not pay much attention to the uniqueness of what had happened here. the jews who survived found that the world beyond these perimeterfences did not want to hear their stories. it was only really in the 1960s, nearly 20 years after the liberation of auschwitz, that popular consciousness began to confront what europe collectively had done to itsjews. international law changed immediately. at the post—war nuremberg trials, two new crimes entered the judicial lexicon for the first time, crimes against humanity and genocide. before 1945, if a state wished to kill half its population, there was no rule of international law that said you could not do that. the change that occurred, as we know sadly, has not prevented horrors from taking place, but it does mean that when horrors occur, there is now at least an objective standard which says to governments that as a matter of international law you c
when it was over, a great public silence descended on europe. after the war, the nations of europe were so preoccupied by their own victimhood that they did not pay much attention to the uniqueness of what had happened here. the jews who survived found that the world beyond these perimeterfences did not want to hear their stories. it was only really in the 1960s, nearly 20 years after the liberation of auschwitz, that popular consciousness began to confront what europe collectively had done to...
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Jan 14, 2017
01/17
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immigration is not, of course, a new issue for europe. this hotel where i've just interviewed mr asscher was built 100 years ago to house economic migrants from eastern europe on their way to south america to pick coffee. the search for an economic better life is as old as history. present—day history is dominated by that search, a core part of what it is to be in the eu. the free movement debate has become increasingly controversial. it is one of the four principles of the european union. the other three are free movement of money, goods, and services. agreeing to all four principles is necessary to be a member of the economically important single market. for some sectors, like flower—picking, immigrants are necessary, but union leaders say there is a problem of cheap labour from eastern europe. a polish worker is hired by a dutch employer in the netherlands, there is full equal treatment, according to the dutch and the european rules. but, if this polish worker is hired by a temporary agency based in warsaw, and then he is brought w
immigration is not, of course, a new issue for europe. this hotel where i've just interviewed mr asscher was built 100 years ago to house economic migrants from eastern europe on their way to south america to pick coffee. the search for an economic better life is as old as history. present—day history is dominated by that search, a core part of what it is to be in the eu. the free movement debate has become increasingly controversial. it is one of the four principles of the european union....
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Jan 22, 2017
01/17
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coming up next, politics europe. hello, and welcome to politics europe. on today's programme. theresa may spells out her brexit plant, confirming the uk will leave the single market, warning eu leaders that no deal is better than a bad deal. we will look at reaction gci’oss a bad deal. we will look at reaction across europe and examine the likely negotiating strategy of the of the eu. we report from strasbourg where meps have voted for this man, antonio, as the new president of the european parliament. and as donald trump enters the white house, how are the residents of melania trump's hometown in slovenia celebrating the success hometown in slovenia celebrating the success of their most famous ex—resident. success of their most famous ex-resident. i put white chocolate because of the white house, she is a lwa ys because of the white house, she is always dressed in white. so i put white chocolate. so, all that to come and more in the next half—hour. first, though, here is our guide to the latest from europe in just 60 seconds. after much anticipation, on tuesday, prime m
coming up next, politics europe. hello, and welcome to politics europe. on today's programme. theresa may spells out her brexit plant, confirming the uk will leave the single market, warning eu leaders that no deal is better than a bad deal. we will look at reaction gci’oss a bad deal. we will look at reaction across europe and examine the likely negotiating strategy of the of the eu. we report from strasbourg where meps have voted for this man, antonio, as the new president of the european...
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Jan 17, 2017
01/17
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how is that going to go down in europe? inflation went up sharply last month, pushed by rising food prices and air fares. winger secretly at beach hotels in tunisia was criticised in a report from the government months before 38 people were killed in a terrorist attack. and we will report about how donald trump's latest week brought unsuspecting fame to a women in brighton. and, the rambling reptile. what happens when a giant alligator crosses your path? good afternoon and welcome to bbc news. the prime minister has the uk believe the eu singer market when it quits the european union. in his speech on the impact of britain leaving, theresa may said she will seek a new free—trade agreement with europe for a global britain. she also confirmed that both houses of parliament will get to vote. the labour leaderjeremy corbyn says mrs made was to have her cake and eat it. this report from our political corrupt —— correspond. you've heard the slogan, brexit means brexit. today we saw the substance. theresa may voted to remain
how is that going to go down in europe? inflation went up sharply last month, pushed by rising food prices and air fares. winger secretly at beach hotels in tunisia was criticised in a report from the government months before 38 people were killed in a terrorist attack. and we will report about how donald trump's latest week brought unsuspecting fame to a women in brighton. and, the rambling reptile. what happens when a giant alligator crosses your path? good afternoon and welcome to bbc news....
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Jan 17, 2017
01/17
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it strengthens their hands when they go to europe, they say, by the way, it is not just a to europe, they say, by the way, it is notjust a reference result, but actually we have debated this in parliament. parliament has backed as, are not actors in certain cases, but at least that's how it should be, a debate. and here is peter lilley. was it inevitable, the decision on the single market, coming out? yes, it was. it is impossible to be members of the european economic area if you do not accept freedom of living. we do not accept freedom of living. we do not. people of this country didn't. also, by leaving the european economic area, we will be able to set service chain deals. we wa nt to able to set service chain deals. we want to be bound by the laws of the european union. if we remained in the single market, that would cover those who don't trade with europe. it is sensible to me. it is obvious we we re it is sensible to me. it is obvious we were going to after her previous statements. i welcome the fact she has been more explicit and more detailed than people imagine. she has bee
it strengthens their hands when they go to europe, they say, by the way, it is not just a to europe, they say, by the way, it is notjust a reference result, but actually we have debated this in parliament. parliament has backed as, are not actors in certain cases, but at least that's how it should be, a debate. and here is peter lilley. was it inevitable, the decision on the single market, coming out? yes, it was. it is impossible to be members of the european economic area if you do not accept...
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Jan 17, 2017
01/17
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how is that going to go down in europe? inflation went up sharply last month, pushed by rising food prices and air fares. the libyan man who claims britain was involved in abducting and transporting him to tripoli is given the go ahead to take legal action.
how is that going to go down in europe? inflation went up sharply last month, pushed by rising food prices and air fares. the libyan man who claims britain was involved in abducting and transporting him to tripoli is given the go ahead to take legal action.
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Jan 17, 2017
01/17
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these sectors employ millions of people around europe. i don't believe the eu leaders will tell german exporters, chinese fishermen and the euro zone and millions of others they want to punish britain and make a political point for all these reasons and because of our shared values and surge of goodwill that exists on both sides i am confident we will follow a better path. confident that a positive agreement can be reached. it is right for the government to prepare for every eventuality but to do so in the knowledge a constructive and optimistic approach to negotiations to come is in the best interests of europe and britain. we do not approach these negotiations predicting failure but anticipating success because we are a great global nation with so much to offer europe and so much to offer the world. one of the world's largest and strongest economies, the finest intelligence services, greatest armed forces, hard and soft power, friendship and partnership and alliances in every continent. another thing that is important, the essential ing
these sectors employ millions of people around europe. i don't believe the eu leaders will tell german exporters, chinese fishermen and the euro zone and millions of others they want to punish britain and make a political point for all these reasons and because of our shared values and surge of goodwill that exists on both sides i am confident we will follow a better path. confident that a positive agreement can be reached. it is right for the government to prepare for every eventuality but to...
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Jan 8, 2017
01/17
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at risk of the thousands of refugees still crossing europe on foot. three died in the mountain in bulgaria. in belgrade as several hundred took celta in this customs warehouse. this weekend russia celebrated orthodox christmas the coldest in 120 years. —30 in moscow last night but then they are used to it. around 500 people, perhaps with just one extra layer, set off for a five mile bike ride along the moscow river. so far the uk has escaped but forecasters say the cold weather is heading our way. there will not be as much snow as in europe but the arctic winds could send temperatures below those of iceland and sweden. credit card and personal loan debt is at record levels according to new analysis by the tuc. it says unsecured debt — that is money that's not borrowed against property — has reached £13,000 per household. unions are warning a slowdown in wage growth and increasing inflation could make the debt more difficult to repay for many people this year. here's our business correspondent joe lynam. with the christmas sales winding down, ou
at risk of the thousands of refugees still crossing europe on foot. three died in the mountain in bulgaria. in belgrade as several hundred took celta in this customs warehouse. this weekend russia celebrated orthodox christmas the coldest in 120 years. —30 in moscow last night but then they are used to it. around 500 people, perhaps with just one extra layer, set off for a five mile bike ride along the moscow river. so far the uk has escaped but forecasters say the cold weather is heading our...
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Jan 28, 2017
01/17
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trying tos russia undermine our set of relationships across europe and divide europe from the united states, i would say watch the middle east because we have seen signs in the last year or so of some very interesting visit and relationships unfolding that are either unprecedented, or we have not seen that type of engagement for many, many decades. oni would add to that julie's point, what that means trump's viewdent that perhaps america is too engaged in the world, in a drawback or quasi-isolationism represents an enormous threat to our future position in the world and our current position in the world, and in particular with respect to the middle east, we cannot allow that to happen in terms of our relationship with our middle eastern allies. and to go back to where we started, each one of those countries is equally vulnerable to cyber threats from russia in retaliation for the kinds of positions they may take that would be in our interest. worke are going to have to with them just as we have to work with the europeans in order to ensure that we are in the best position, and they a
trying tos russia undermine our set of relationships across europe and divide europe from the united states, i would say watch the middle east because we have seen signs in the last year or so of some very interesting visit and relationships unfolding that are either unprecedented, or we have not seen that type of engagement for many, many decades. oni would add to that julie's point, what that means trump's viewdent that perhaps america is too engaged in the world, in a drawback or...
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Jan 19, 2017
01/17
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lose and a lose for europe. francine: to protect london this is what you say you want privileged access to the eu single market. guest: london has been a city ,hich has attracted trade talent, and ideas for a thousand years. one of the joys and benefits is being a member of the single market. we will be leaving the single market. that will not necessarily mean we will have privileged access and it does not mean we will stop attracting talent. when it comes to negotiating we need to ensure we can secure privileged access to the single market and continue to attract talent. i am looking for business leaders across europe and the world to be my allies, to lobby their political leaders so when it comes to doing the deal with the u.k., the terms are good for the u.k. in london but europe and the world. francine: that would mean that financial services are the top in terms of the list when the prime minister goes to brussels and negotiates. it was not the impression we got earlier. in the attempts to keep the party to
lose and a lose for europe. francine: to protect london this is what you say you want privileged access to the eu single market. guest: london has been a city ,hich has attracted trade talent, and ideas for a thousand years. one of the joys and benefits is being a member of the single market. we will be leaving the single market. that will not necessarily mean we will have privileged access and it does not mean we will stop attracting talent. when it comes to negotiating we need to ensure we...
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Jan 30, 2017
01/17
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they recommend europe will rally in 2017. a weaker euro, stronger global demand and recovery in oil prices. the s&p 500 will deliver a 4% return. we talked about, speculate, what will it take for markets to recover? there is a great note talking about it. these moments are sharp, so use shock. deal with the reality. hock, absorb,-- s reality. three hours to recover. these are new missives coming, new invectives coming from the new president of the united states of america, so let us see how the world really reacts. industry may be using rhetoric to approach the president, but do they need to put their money where their mouth is? would you be prepared to move your business if you are not happy with the president, to make yourself at home in the united states of america? i'm off to digital radio. we are on the airways. nejra: it is indeed during my radio hour that i am poring through these analyst calls for the ugly market open, and here are the three stocks i selected today, all of them german. starting with list on the -- luf
they recommend europe will rally in 2017. a weaker euro, stronger global demand and recovery in oil prices. the s&p 500 will deliver a 4% return. we talked about, speculate, what will it take for markets to recover? there is a great note talking about it. these moments are sharp, so use shock. deal with the reality. hock, absorb,-- s reality. three hours to recover. these are new missives coming, new invectives coming from the new president of the united states of america, so let us see how...
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Jan 27, 2017
01/17
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fundamentals in europe are positive. however i am nervous about the overall political backdrop, and the italian banking situation, which is obviously a loud that looms. >> you're not the only one nervous about the italian banki political back drop. do you think if we get a reform candidate, we could see some upside? >> certainly. the nervousness is around this populous movement, brexit, trump. that, i guess s wheshgguess, is nervous now stems from and we're concerned about growth and in terms of the banking crisis in italy, the knock-on effect that could have, italy is the third largest issuer of debt in the world. the retail exposure to italian banks is the real concern here. driver of italian gdp has been domestic consumption. the italian retail investor holds about a third of overall italian banking debt. it holds a half of the subordinated debt out there in italian banks. under the new rules, they'll have to take the first hit before we can see state aid come in an support banking. therefore there's got to be a conce
fundamentals in europe are positive. however i am nervous about the overall political backdrop, and the italian banking situation, which is obviously a loud that looms. >> you're not the only one nervous about the italian banki political back drop. do you think if we get a reform candidate, we could see some upside? >> certainly. the nervousness is around this populous movement, brexit, trump. that, i guess s wheshgguess, is nervous now stems from and we're concerned about growth...
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Jan 3, 2017
01/17
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europe expanding by the fastest pace since 2011. germany rising and france for the most in five years. europe is definitely starting with a better tone to it but what does that mean for the markets? here is the stocks 50. it is overboard. 50.ere is the stoxx just one facet i decided to pick up on this morning. the strength index is up. longest running streak in a century. hence the reason why i thought it was worth focusing in on. stocks opening up there by 0.5%. i am off to my radio show. nejra has your stocks to watch. nejra: let us take a look at some of the movers today. rio tinto -- some of the miners were called higher with some of the industrial metals heading higher especially copper. rio tinto looking pretty flat here. not too much movement either way. the london stock exchange group is not quite moving at the moment but what we had is lfc getting and your revocable offer lch for 510to buy million euros. it does look like it is opening down 0.5%. on the other hand, we are seeing another company moving higher on some m&a inf
europe expanding by the fastest pace since 2011. germany rising and france for the most in five years. europe is definitely starting with a better tone to it but what does that mean for the markets? here is the stocks 50. it is overboard. 50.ere is the stoxx just one facet i decided to pick up on this morning. the strength index is up. longest running streak in a century. hence the reason why i thought it was worth focusing in on. stocks opening up there by 0.5%. i am off to my radio show....
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Jan 8, 2017
01/17
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BBCNEWS
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these are red button issues for europe in terms of values and principles. they cannot let then drift away. i suspect if marine le pen doesn't win, if francois fillon might have a chance, that will be the key moment in which we could see a real change in europe, especially on defence and security issues. france is very keen. that will also have a strong influence on brexit negotiations. we have one minute left. i wanted to ask you if we'd missed what could be the scariest story of the year, which is china, north korea, south korea, relations there and donald trump's attitude to china. we don't know what he will do, but it is interesting. and his attitude to nuclear proliferation, where his attitude has been it's no problem. will it change in the oval office? we don't know, he hasn't clarified his view. he was very robust about north korea. judging from his tweets rather than major policy statement. whatever obama told him rattled him on that first day when obama first met with him after the election. trump expresses a willingness to japan and south korea to
these are red button issues for europe in terms of values and principles. they cannot let then drift away. i suspect if marine le pen doesn't win, if francois fillon might have a chance, that will be the key moment in which we could see a real change in europe, especially on defence and security issues. france is very keen. that will also have a strong influence on brexit negotiations. we have one minute left. i wanted to ask you if we'd missed what could be the scariest story of the year,...
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Jan 4, 2017
01/17
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CNBC
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he has strong views on where europe goes in 2017. jim mellon joins us after the break. r ninibrwetralosthnt ♪es . >>> welcome back to "worldwide exchange." looking back on one of the biggest market events was the uk decision to leave the european union and lots on the political agenda for europe in 2017. our next guest pbacked brexit, jim mellon joins us. thanks for joining us. happy new year. we had brexit last year. that means the worst is behind us for europe and from here on it's a rosy outlook. is that right? >> quite the contrary. congratulations to both of you on your first-year anniversary. >> thank you very much. >> as we know, i think the euro is toast in the next one to five years. but i might be a buyer of the euro because i think the dollar is too high, and the british pound is too low against the dollar. the situation in europe is pretty d pretty diabolical. france and germany could be in some ways be in line with the brexit vote. we already had the italian referendum which went against the elite establishments. and i
he has strong views on where europe goes in 2017. jim mellon joins us after the break. r ninibrwetralosthnt ♪es . >>> welcome back to "worldwide exchange." looking back on one of the biggest market events was the uk decision to leave the european union and lots on the political agenda for europe in 2017. our next guest pbacked brexit, jim mellon joins us. thanks for joining us. happy new year. we had brexit last year. that means the worst is behind us for europe and from...
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Jan 3, 2017
01/17
by
BLOOMBERG
tv
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europe is expanding at the fastest pace since 2011. europe is at the highest in three years. concerned,hina is they still have a certain number of risks to deal with. one is the federal reserve and one is the triumphant donald trump. reserves, we will get that data on january 3. let us look at the risk radar. the china data is playing out across the spectrum. emerging markets. a nice rally there. longest winning streak in almost four months. .% on the msci em engaged again in terms of rate rises. gold is up by 0.9%. the world is not void of concerns. now, when it comes to oil, we are up 0.6%. in the headlines, kuwait has begun to deliver their cuts. who will come next and at what size and what shape? sinceggest yearly gain 2009. kuwait reduced production by 130 billion barrels. drillers are back. a couple of different things. china data. time, yout the same are seeing stop orders triggered. that is where the aussie comes into play. , roseprices, in australia the most in seven years. those are the challenges for the rba. house prices climbed 9.8%. those are your markets. back
europe is expanding at the fastest pace since 2011. europe is at the highest in three years. concerned,hina is they still have a certain number of risks to deal with. one is the federal reserve and one is the triumphant donald trump. reserves, we will get that data on january 3. let us look at the risk radar. the china data is playing out across the spectrum. emerging markets. a nice rally there. longest winning streak in almost four months. .% on the msci em engaged again in terms of rate...
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Jan 25, 2017
01/17
by
BLOOMBERG
tv
eye 49
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clear that europe is doing just fine. -- different santander entities, it is clear europe is doing just fine. we have good growth, and the internal devaluation in europe over the last five years has been massively constructive to the for the growth. ande can keep it intact opted to much volatility, we are in for a couple of years were europe's growth will -- where europe's growth will catch up. it will come from a broad european delivery of growth, not just from the core europe we have seen in the past. a much better mix of will go to the bottom line of the x-italy, and pl, that should come down dramatically in this environment. guy: qe was changed in the eurozone, if it was, would it have an impact? steen: i think the fundamental story is the internal devaluation, not having the ability to use a weaker euro. we have seen massive improvement on the unit labor cost in places europeanugal and countries. they are becoming massively competitive, even with germany. the biggest story for europe, coming postelection, is the fact that germany will need to reduce in trade andboth vice versa, bec
clear that europe is doing just fine. -- different santander entities, it is clear europe is doing just fine. we have good growth, and the internal devaluation in europe over the last five years has been massively constructive to the for the growth. ande can keep it intact opted to much volatility, we are in for a couple of years were europe's growth will -- where europe's growth will catch up. it will come from a broad european delivery of growth, not just from the core europe we have seen in...
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Jan 15, 2017
01/17
by
BBCNEWS
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it seems to mea industry across europe. it seems to me a recipe for some kind of trade war with europe. but others believe eu leaders will recognise the benefits of an open trading relationship with the uk. when leaving the single market, we do not intend to be in it, nor in the customs union. we want to make trading arrangements, but we want to become operating and have free trade arrangement with the youth and have full access to services. that is exactly where we should be. so go with the eu. that is not damaging, it benefits both sides. on tuesday, theresa may will the country to unite and get behind brexit. many mps are concerned that her approach will damage the economy. and vicki's here with me. will damage the economy. how will damage the economy. much have we learned 6 goverment‘s how much have we learned about the goverment‘s brexit strategy? how much have we learned about the goverment's brexit strategy?m how much have we learned about the goverment's brexit strategy? it is like a jigsaw, trying to read betwe
it seems to mea industry across europe. it seems to me a recipe for some kind of trade war with europe. but others believe eu leaders will recognise the benefits of an open trading relationship with the uk. when leaving the single market, we do not intend to be in it, nor in the customs union. we want to make trading arrangements, but we want to become operating and have free trade arrangement with the youth and have full access to services. that is exactly where we should be. so go with the...