touches down in the uk. we're going to talk about u.s. debt ceiling, the minnesota economy and, ross, football, of course. >> this is football american style. the mayor of minneapolis will be joining us right after this. see you in a few moments. >>> this is ross westgate. >> the countdown to a shutdown. harry reid is not going to allow republicans to attach provisions to the funding bill that delays or canceled obama care. >>> and telecoms trade higher in europe following reports that nokia is discussing a possible tie-up with the french group. >>> and just a week ago, it was unthinkable that the sailing team backed by billionaire larry elison overcomes improbable odds to claim victory at sea, winning the america's cup. >>> and we will have the latest from san francisco and that silling very soon. but right now, the futures are all up. the dow is some 43 points above fair value. european equities have been softer. they still are. the ftse mid down 1.8%. members of sylvia berlusconi's party said they will wi

so as margaret thatche put it bluntly, the uk and u.s. are real and true friends and our relationship which is grounded in those values and traditions we both referred to remains as relevant today as it has been in the past and we look forward to continuing to strengthen this relationship and working hard to make real progress on the very many challenges that we face in an increasingly complicated and in too many places dangerous world, thank you, william. >> thank you very much. we will have a couple of questions from each side of the atlantic, and kyle you can pick the round. >> james robins from bbc news, mr. secretary how seriously do you take the threats of assad of retaliation by allies if the u.s. does strike, the risk and drags the united states further in conflict and if britain said yes rather than no to strikes the president would order them by now, wouldn't they, and you build a different sort of coalition using powerful argument for action against inaction. the logic of that surely is that whatever the votes in congress the p

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but if i'm in the uk, they don't have self-service advertising yet in the uk. there's very few advertising going on. any big brands. so i think it will be a calling to make it relevant, not just the user experience, nonsense, too many adverts in your twitter stream. >> very quickly, when do you think twitter will go public? it will happen before the end of the year, right? >> i would imagine so. given that they've made the announcement, i think that there will be quite a lot more coming from this over the next ten weeks. >> definitely. benjamin, thank you so much. tech entrepreneur and the founder of jewish net and cyber britain. meanwhile, hilton, the world's largest hotel chain filed for a $1.25 billion ipo yesterday, seeking a return to the markets six years after it was taken private by blackstone. the $26 billion buyout back in 2007 was one of the largest deals before the financial crisis. the ipo is expected in the first quarter of next year. as the company looks to take advantage of the rebound in the hotel leisure industries. this as rival chain marriot

we had the first bit of weak data out of the uk for some time. retail sales declining in august from a very strong july, as well. now, those yields on the u.s. market treasury yields having an impact on the dollar, as well. euro has been up to a 7 1/2 month high against the greenback today. 1.3559 is where we stand. the dollar/yen is stronger. we did get down to dollar/yen, arou around. lower risk should mean the lower dollar, but it's also risk positive. that's why the yen is suffering a little bit. we were above 1.61 earlier which is an eight-month high for the pound against the greenback. that's where we stand right now in europe. to recap all the action in asia, here is sixuan in singapore. >> thank you, ross. the no taper move sent the greenback lower, asian markets higher and some of these emerging markets soaring. the nikkei 225 closed out an eight-week high, helped by financials, real estate and resources counters. shanghai, taiwan and south korea is out of action today for the autumn festival. so happy moon cakes. and the hang seng is tr

we're seeing better signs in europe, particularly here in the uk, and we know the uk is having an economic revival with the signs which are, you know, very much more optimistic than they were a few years ago, even a few months ago. and also, what's happening in the u.s., the u.s., you know, has a recovery. it's not a, you know, very aggressive or solid recovery, but, you know, things are looking slightly better in the u.s. and we are, though, concerned with qe, tapering. this is something that is -- you know, not only chile, but the emerging markets have floating rates, floating currencies, will be under some kind of pressure from the taip tapering of qe. >> the tapering concern in general, because clearly, you know, emerging markets are concerned when qe launched. they saw a rise of evaluation in currencies, and in some ways, if we take some of that rise back out, which is what we've seen, that may be a good thing. is it not the direction of travel that concerns you, but the volatility? >> it's -- you're right. we were critical in part of the early rounds of qe and, you know, we were very

to say that we want to buy into the recovery story in the uk and all the prospect of how that plays into full year guidance and looking purely at the dollar. >> jeremy, for now, thank you. melanie, thank you. good to see you. more on the uk, of course, over tomorrow's minutes and we get retail sales, of course, on thursday, as well. jeremy, talking about the pound, let's bring you up to speed with the rest of the cross rates. we haven't been able to maintain a break above 11 is 00. euro/dollar, 1.3350. kind of where we were at this time yesterday. the ftse was up 39 points. right now, it's 0.down 0.3%. & 2% down for the xetra dax. jeremy just mentioned lloyd's. five years after its disastrous takeover of lloyds was announced, the british government has launched a sale of part of its stake. it's sold 6% of its holding in the lender in a bid to raise over $3 billion pounds. and the sale has reduced the government's stake to 32.7%. lloyd's shares have risen over 60% this year alone. significantly outperforming the ftse, which is up nearly 12%. take a look at lloyd's stock today. they'r

the uk down. part of the problem is if before the crisis you ask the question whether germany or france are friendly for the financial sector, most people would have laughed in your face. post crisis, switzerland, united states, united kingdom, which all seem to be much more friendly for the financial sector, have done much more to reform the banking system, partly because the existential threat that the uk and switzerland faced than germany or france and germany in particular, going around undermining the modest requirements. i think that the european banking system, particularly the eurozone banking system has a much, much longer way to go and we are somewhere between where the u.s. is already arrived and the eurozone is. >> one final point on regulation for banks, the most important piece of regulation, which is all about resolution in these living wills still hasn't been hammered out. that's in the hands of regulators and how do you divide that between europe and the fed and how do you get to

chancellor blames figures on crisis for the problems in the uk economy. but yet since 2010, railways through france and germany, britai-- will the prime minister finally take responsibility for the isis -- [inaudible]? >> as i've said many times, times are tough because we are recovering from the calamitous situation left by the party opposite. an if he wants to make comparison with your some countries, you see that we have a much lower unemployment rate than many of them. there are no other european countries that can boast a record of one point for million new private-sector jobs. and the best way to a people's living standard, t best way how people out of poverty isto help them into work. i would've thought the labour party would understand that. >> thank you, mr. speaker. on monday,we voted for coordinated strike action this autumn. what effect does the prime minister think this will have on our economy and the lives of hard-working peple? >> i think the document produced by the unite union which still sponsors and basially control so many of the memb

take a look at this video coming out from the uk. a multiple car pile-up occurred on a motorway in the english county of kent on early thursday morning. over 100 vehicles were involved in this crash. at least 60 people have been reportedly injured with 8 people in serious conditions. witnesses reported low visibility due to fog at the time of the accident. the passing cold front will be now aiming towards the western half of this continent. so it's going to be quite unstable across much of the west and that includes wet and cooler weather with some gusty conditions as well as thunderstorms stretching from spain all the way up towards northwestern germany. and that's going to be continuing for your friday. looking pretty nice and fine out here, but it's quite unstable in the southern areas, especially italy and sicily with thunderstorms in store for you for most of the day. dipping down is this jet stream all the way to the south, so that's pulling a lot of cool air and unstable conditions across the russian region. here in moscow, 13

disastrous for dvers in the uk. we have that i world weather. >> yes, we had a long frontal system that is pulling in and swinging by and creating severe weather that includes foggy conditions as well. take a look at this video from the uk. a multiple car piled up occurred on a motor way in the english county of kent on early thursday morning. over 100 vehicles were involved in the crash. 60 people injured with eight people in serious conditions. witnesses reported low visibility due to a fog at the time of the accident. the passing cold front will be now aiming towards western half of this continent so it will be quite unstable across much of the west and that includes wet and cooler weather the way some gusty conditions as well as thunderstorms from spain all the way up to northwestern germany continuing for your friday. looking nice and fine out here, but quite unstable in the southern areas especially in italy and sicily with thunderstorms in store for you for the most of the day. dipping down is this jet stream

he's reiterated his support for washington's stance despite a lack of military support from the uk. it follows meetings with arab leaders. >> america's top diplomat came to paris to strengthen french support for a military strike on syria. he came to seek help from members of the arab league. >> there is no military solution. what the united states is seeking, together with others - not alone but with others - an increasing number - what we are seeking is to enforce the standard with respect to the use of chemical weapons. we are not seeking to become engaged in or party to or take over syria's civil war. >> the arab league has unanimously condemned the syrian leadership for its apparent use of chemical weapons. qatar is a handful of arab nations supporting international military intervention in syria. when pressed qatar failed to answer what help it was prepared to give. >> translation: when it comes to syria and what qatar can do, we are examining the trends of the u.s., as to what qatar can do to protect and save the syrian people. >> maybe because of warnings from the iran prime

still to come on the program, helia brings usz the latest installment of the uk banking sector. today, focus on barclays. >>> lego building up its market share. we'll join the ceo of the danish company and find out if making money from toys is merely child's play. >>> and the chairman will be talking greek markets in a first on cnbc interview at 11:20 cet. >>> plus, military action in syria nears as the u.s. senate foreign relations committee approves a strike. how should investors expect investors or markets to react. we'll get into the detail before 12:00 cet. if that isn't enough, hot on the back of sony's latest salvo, a first on cnbc interview with the ceo straight after this break. >>> blackberry is pushing to speed up the process of auctioning itself off. they want to sell itself possibly as soon as november. firm has been in talks with multiple parties interested in taking on parts of the company or buying the firm in its entirety. we said in august it was exploring strategic alternatives naming a new special committee of board members and narrowing down interested parti

. >> you can have a drink in the uk. >> can you? >> at 18. >> no it is age 5 you can have a drink. >> you would know, liz, you boozer. what kind of affect does this have on a kid? you are telling him he is a kid and you tell him he will be a kid won't he never grow up? >> you know what, 18 to 49 by the way. look at the way congress and the president are acting. that is late adolescent, there you go. i agree with this. >> do you? >> yes, i do. you know why? i was not grown up when i went to college. it was a big beer keg party and i blew tens of thousands of dollars doing what in college? >> and who. >> and doing who. and how many. >> wow. >> and it was a black period in my life and it was late add less assistant until i was 49 and i just revealed my age. i will take any lower ages as they come. >> will, are you 14 going on 70. because we are living longer, why shouldn't adolescents last longer as well? everything should shift, correct? >> actually, you have a point. it is symptomatic that we are living in a good time in human histor

you're paying no tax in the uk. do you think the defenses that the dividends given to shareholders will become a huge boost to the uk economy? >> we apply the rules, the tax rules and tax laws which are standard in any of the jurisdictions. we pay tax in the u.s. because our taxes -- tax liability is generated there. we are not going -- not going to be taxable income in the netherlands because there is tax exemption. if the transaction happened in the uk, there would be no tax liability here as well, because there are exactly -- for many years there have been exactly the same provisions. important thing is, 54 billion pounds, going back to shareholders. those who want to sell, they will are to pay their own taxes, but it will be a great benefit to all. >> and what is the next day or week or month for you in terms of what you're going to do for the company? >> well, we have continued to do, as i said, our vodafone 2015 strategy. there is a lot of work to do. we have 4g, which is exciting. we just started here in lond

and the uk is these guys were picked up at the airport. they were on their way out of kenya which presumes they have a support network elsewhere whether in the u.s. that's why we are seeing israelis, the u.s. and the uk lend ing a willing helping hand. they are worried. they need to know how far internationally the network reaches. >> that is a great question then if the 11 were taken elsewhere and five were killed inside the mall where are the rest of them? did they escape with the civilians who went out? were they crushed under falling debree ? we don't know. we'll try to find out. senior kenyan official telling cnn there appear ed to be a woman among the terrorists and she was killed early in the siege. until 1st and 10 sicks are completed it is impossible to know. she could be the fugitive some call the white widow whose real name is samantha luthwait. there is no evidence she was involved but her name has come up repeatedly because of her links to a known terrorist, her former husband. david mackenzie traveled this last year to look f

will the prime minister come to see one of the uk's top marine , who areng teams literally flying the flag for british tourism and trade? >> i think my honorable friend is absolutely right. i've seen a model of this incredible vessel and i join her in welcoming the fantastic contribution to the british economy. it was great to see the race leave london for the first time. it was even better that the flotilla was there and superbly supported by the great campaign. i will certainly take account of the kind invitation. >> let's take the prime minister back to the answer he gave to my colleague. more positive about building better relations urgently with iran as one of the keys, one, not all, of the keys to bringing about a peace process in syria and across the whole region? to be attacking iran all the time isn't going to bring them to the negotiating table. it is much better to be more positive about it. >> if you are trying to build a relationship with someone, it depends on the action that they take. given that the iranian government was complicit in the completely smashing of the emb

policy because of the old certainties so or were many of these issues and in the uk that became a moral question for myself because i didn't intend to run for the fifth. and i taste as you. people how to show me an extraordinary trust by electing me and now they wanted me to continue and i had to repay the trust because i also said before. to meet the ball between somebody who was she looked at to represent the people who are the suppression or a member of parliament it is fundamentally a question of trust of trust if people elect to repress of the tubes again before we start condemning it we should. maybe be home wise for reasons that the people decide to do tooled up but of course you have about ten soviet those to cling to power and want to be longer in office but to me this is fundamentally a show it's not about power and it's about trust where i know i could lose the confidence of the big people next week nothing is good but in this so even if you're elected every four years my experience tells me you have to earn their trust every day every week every month but i guess the same ty

policy because of the old certainties were of many of these issues and in the uk that became a moral question for myself because i didn't intend to run for the fifth. and i faced as you. people how to show me an extraordinary trust by electing me and now they wanted me to continue and i had to repay the trust because i also said before. to meet the ball between somebody who was she liked it to represent the people whether it's a president or a member of parliament it is fundamentally a question of trust of trust if people elect to repress of the tubes again before we start condemning it we should also show may be home wise for reasons that the people decide to do tooled up but of course you have what ten soviet those to cling to power of want to be longer in office but to me this is fundamentally a show it's not about power and it's about trust where i know i could rule the confidence of the big people next week ne given in this so even if you're elected every four years my experience tells me you have to earn their trust every day every week every month but i guess the same type of

hello and welcome across the uk for all things are considered on peter lavelle syria the diplomatic front versus the battlefield as diplomats grapple with the complexities of dismantling syria's chemical weapons all sides in the conflict continue to escalate the carnage on the ground are the western powers truly interested in a go. with the assad regime or are they biding their time while arming rebels and searching for a new opportunity to bring about regime change in damascus. to cross-talk the war in syria i'm joined by elizabeth ferrous in washington she is a senior fellow at the brookings institution in new york we have eric draitser he is founder of stop improve dot org and in moscow we cross to erich krauss he's an independent asset manager right gentlemen and lady crosstalk rules in effect that means you can jump in anytime you want and i very much encourage it if i go to you eric in new york first. about a week ago there was a lot of this pheno optimism diplomacy of the russians and the americans are talking to each other and then in the last day or so obama signed waives a execu

sterling has been supported here in the uk. up 0.2% on suggestions from mark carney at the boe that we're not going to get any more bond buying to support the economy. because let's face it, the data keeps improving here, dee. >>> li sixuan is standing by in asia. let's get a check on markets. over to you. >> thank you, deidre. most asian markets wrapped up the week on a mild by positive know. japan's cpi came in at a five-year high mostly helped by a sharp jump in energy prices. meanwhile, finance minister's aso about not lowering the for now caused some speculation. in china, investors are not making big betts ahead of the week-long national holiday. and many shanghai embarrassed stocks, in fact, they have doubled or tripled this month. but they sa come to profit taking in today's trade. that caps the gains on the shanghai composite which ended higher by a modest 0.2%. meanwhile, taiwan, hong kong, australia all ended marginally in the green. let me show smu individual stocks in japan. the u.s. is finding japanese auto partsm

across the pond in the uk, the steelers and vikings play sunday at wembley stadium in london, so mark your calendars. electronic arts has reached a settlement in the legal battle over its ncaa college football video game, but no details were released of what players will be paid for the use of the likenesses. ea also cancelled next year's college football video game. >>> a legend and a class act. yankees retiring closer mariano rivera made his last appearance at home in a very emotional moment. with two outs in the ninth inning, yankee captain derek jeter and pitcher andy pettitte went out to the mound to take him out of the game. and with tears in his eyes, rivera was given a huge standing ovation that lasted four minutes. >>> police in san francisco have actually arrested a suspect and will charge him with homicide in a stabbing of a dodgers fan just a few blocks away from at&t park on wednesday. 24-year-old jonathan denver died after a confrontation with giants fans. >>> baseball commissioner bud selig says he will retire in january 2015. he will have served 22 years. that is the s

across the pond in the uk, the steelers and vikings play sunday at wembley stadium in london. >>> a legend and a class act. yankees retiring closer mariano rivera made his last appearance at home in a very emotional moment. with two outs in the ninth inning, yankee captain derek jeter and pitcher andy pettitte went out to the mound to take him out of the game. and with tears in his eyes, rivera was given a huge standing ovation that lasted four minutes. >>> police in san francisco have arrested a suspect and will charge him with homicide in a stabbing of a dodgers fan just a few blocks away from at&t park on wednesday. 24-year-old jonathan denver died after a confrontation with giants fans. >>> baseball commissioner bud selig says he will retire in january 2015. he will have served 22 years. that is the second-longest in history. >>> "gq" magazine's list of the worst sports franchises, it awarded the top spot to cleveland. yes, this includes the browns, the indians, and the cavaliers. worst franchises in terms of losing and no titles all combined, cleveland has had 152 seasons of futility.

and as you said, the system in the uk was different than it is in the u.s. and i hate to say this, but it's what i feel. i don't think this is about the model. i think it's about the quality of the people. >> yeah. do you think jamie's being unfairly targeted at this point? >> you know, jamie's done a very, very good job and that's the facts. >> you're good. okay. i'm going to read between the lines there. since you've got nothing to lose now except maybe you get audited or something. so, you know, just speak up. speak up. >> what's the plan for bob diamond next? you start this atlas merchant banking? >> atlas merchant capital. all, nimble, private, which is a lot of fun. and i think, andrew, one of the -- we've talked about my op-ed. we've talked about the things in regulation that need to be completed. we've talked about the difficulty that the big banks are having in understanding the final rules. but in any crisis like this, there's opportunity. and i think one of the things that's happening is there are all kinds of new models, more entrepreneurial mode

this first one is in the uk. this is the moment the firefighters you see in the video are pulling a stranded dog out of a tiny hole. >> oh, look. >> that is 5-year-old roxy. she was on a walk with her owner and started chasing some rabbits. for two days, they couldn't find her. finally, they found her in the hole in this embankment. she was surrounded by sand that was unstable. at any given moment, the sand could cave and collapse on her. they had to call the pros. it took a team of firefighters four hours to rescue her. >> oh, you're all right. >> he pulled her like a baby. >> even though she was in there for two days, she didn't have any injuries other than an eye infection from the dirt around her. this is what she looks like now. this is another rescue, a raccoon that is stuck on the barbed wire fence. see that? >> you can see fur in the photo caught on the bars. >> yep. at this point, it's really stuck in there. >> poor baby. >> that has to be painful. >> the rescue society in canada came to help. he's weari

and the french president does not have the same problems that the prime minister of the uk has. david cameron had to give the approval of parliament. the french president does not. >>> in between those meetings at the g-20 summit which have been difficult for the president, president obama has been calling undecided senators back at home trying to convince them to authorize a strike. is he getting any more support? senator ron johnson, a republican who serves on the senate foreign relations committee. senator, thank you very much for taking the time. i want to play, again, because i know the viewers just saw this but you did not, but "the new york times" video of the syrian opposition. it's so powerful i wanted to play it for you. here it is, sir. [ speaking foreign language ] [ gunfire ] >> senator johnson, of course, that was syrian rebels standing behind shirtless members of the assad army who are lying on the ground and then those gunshots as they kill them. what's your reaction to that? >> well, it's horrific. of course, that makes the decision even more difficult. erin, le

the uk used an anti-terrorism law to stop him. he is clearly not working with terrorists. same problem with the patriot act, where they invoke it no matter whether it's terrorist related. it's a problem, we need to talk about it, but not right now. >> good. >> other problems, gereenwald dd not mention that carrying documents and he kept pointing out that he is not a journalist and miranda said he is bringing this case against the uk, because he believes his rights have been violated and that basic press freedoms are threatened by the attempted criminalization of journalistic work. you can't have it both ways. and this is where greenwald is so frustrating. i like what he has done with the snowden stuff, and then it gets this stuff and it's annoying. >> people that know greenwald know that he is kind of, you know, he is a weird dude. >> i disagree with andy. he does not want it both ways. he is happy with dudes. i saw that clearly. >> if i did not see that joke coming i'm as dumb as a cat on a subway. i should call it bill's predictable joke night. no, he is known to be bull

but initially, we will bring it to the united states and the uk. it comes down to the weather -- down to whether the public accepts this as a mode of transportation. i look at this as the iphone of two wheels. >> and this is what stops the motorbike from falling over. >> absolutely. it balances.s, the vehicle will at all times be stable. he cannot talk it over. cannot knock it over. >> you might be this is the kind of thing you did a car show horey motors bike -- or a motorbike show, but never into production, but it is something that should be made by 2015. when you sit in the car, it feels like a car. it has a steering wheel. forward obviously narrow. the kind ofmple of innovative thinking that could help reduce congestion in the future. making vehicles smaller is part of the solution. driver is to take human out of the picture altogether. smallerake cars a lot and fit more of them on the road, but that is not going to solve the problems of congestion or pollution. and it is increasingly becoming clear that in the future, cars will be of more and

and from the uk we welcome you to oakland. it's a privilege to share this moment and we're grateful for our many contributions >> let us be mindful of several other contractors who are responsible for the skyway, the function foundation and such. flatiron west and manson construction and cc myers and california engineers and contractors, silver construction and west by a builders and granite construction and many, many more subcontractors who played a key role. i want to be a little bit selfish and thank you. the men and women for their spiert and their pride of performance in executing this structure. you have set a new standard in bridge building and without question and i can say this with 40 years experience your the best team i've ever had the privilege to lead and i miss you all greatly. so as long last we can cross this bridge and marvel at the beauty. please remember the dedicated workers to whom the spotlight along these to honor the contributions of all. thank you (clapping) >> thank you both mike and robby. i'd like

media some of the militants came from the united states and the uk. the kenyan interior ministry announced that the military has control of most of the mall. however, those in the area reported sporadic gunfire on tuesday. >> in the morning around 8:00, we heard some exchange of guns into the building. >> the islamist group al shabaab based in neighboring somalia has claimed responsibility for the attack. at least 62 people have died. the foreign minister spoke to u.s. public broadcaster pbs about where the attackers are from. >> from the information that we have, two or three americans, and i think so far i've heard of one brit. >> mohamed said the americans are of somali or arab origin and lived in minnesota and one other place. u.s. authorities are trying to confirm the information. white house deputy national security adviser ben rhodes said the u.s. has been concerned about efforts by al shabaab to recruit americans. fbi agents say there are reports that more than 40 young people from somalia exiled communities in minnesota and other states have

the u.s. and france backed diplomatically by the uk. russia is backed by brazil and china. >> a handshake and a smile for the cameras masking deep divisions. vladimir putin greeting barack obama in st. petersburg and officially it was dedicated to economic issues but the host who agreed to adding cereal to the menu. >> they have asked me to give the time and possibility to discuss other very acute topics of international politics not included in the original plan. in particular, the situation around syria. >> i suggest we do this during dinner. >> that is likely to be a stormy meal. the war in cereal has divided global powers and the u.s. may be backed up by france and its calls for military strikes but the g 20 sees the two allies increasingly isolated as the russian opposition garners more global support. china calling for a political solution mirrored by india, brazil brazil, and south africa. germany and the uk already ruling out any participation of the eu insisting a military option was not the solution. >> explaining why russia n

the uk downwards the black sea region and that includes munich where octoberfest is taking place. and temperatures will be 19 degrees with some light rain in munich. meanwhile, chillier than average in the northeast. here's your extended forecast. >>> that's all for this edition of nhk. i'm catherine kobayashi in tokyo. thank you very much for joining us. -- captions by vitac -- www.vitac.com >> welcome. this is a place where the