ursula von der leyen sat on a nearby sofa. there has been detailed analysis of what she said in that moment. listen again. >> ahm. ros: politico reported that she made displeasure of an exclamation interpreted as a german ahm or an english erm and a wave of the hand. whether an ahm or erm, the message is clear and it was racking up millions of use. we have headlines like michelle on sofagate, not my fault. not everyone is convinced that is the case. one german journalist tweeted, and i've translated, when the boys sit down, it is in the buses armchair of course, and woman is just a sideline. this greek member of the european parliament asks, how much longer will the eu put up with the demeaning and insulting behavior of the turkish president? ciao michelle's reaction is puzzling. enough is enough. we are left wondering, was this turkey snubbing a woman? was this turkey making a point about women's rights at the ease expense? or did someone somewhere just make an honest mistake? to answer that, we have been dragged into a whirl

ursula von der leyen said it _ single market. ursula von der leyen said it was _ single market. ursula von der leyen said it was a _ single market. ursula von der leyen said it was a mistake i single market. ursula von der i leyen said it was a mistake and she deeply regretted it all, cutie, how...— she deeply regretted it all, cutie, how... how long did it take her— cutie, how... how long did it take her to — cutie, how... how long did it take her to say _ cutie, how... how long did it take her to say that, - cutie, how... how long did it| take her to say that, though? it take her to say that, though? it created _ take her to say that, though? it created a real question mark about her political mouth and ability because one of- about her political mouth and ability because one of the i ability because one of the things— ability because one of the things it _ ability because one of the things it has _ ability because one of the things it has changed, i ability because one of the i things it has changed, adam, ability because one of the - things it has changed, adam, is a

von der leyen. it is the u.k. but also has a number of european brands. it is a european business, a pan-european business, a holding company for a bunch of different airlines. reopening in the north atlantic will be super important. that is iag. imi, industrial company out of the u.k., makes ventilators. it has upgraded. the market applauding that. up 11.2%. nestle trading down today. this continues to be schneiders big push into the health side of the business and is looking about bountiful -- looking at an ipo. nestle is in there. the stock i want to finish on, we call aberdeen standard or standard life aberdeen good i've always been slightly confused because i always got it wrong. they are trying to simplify it. it is currently sla, but we are basically taking out every vowel in the word aberdeen permit i think we have some put it -- and i think we have some footage they put out. it is pronounced aberdeen but does not look anything like aberdeen. i wonder what the people of aberdeen think about

von der leyen ? correct pronunciation ? said... i laughter. scratchy and spiky, blimey! how did i say it? moving on. i think there was a feeling - in the eu, a sort of a hope that after all the political- tussle of the negotiations was over that the two sides - would then be able to normalise l relations and be able to tie up l loose ends and have a much more positive relationship. going forward and that actually has not - happened, as laura said, for a number of reasons which i am sure we will now unpack. i and i think, of course, . the vaccine crisis has fed into that 100%. there is no way that you could see eu and uk vaccine relations - without the prism of brexit. it isjust incredible. and on some days, i feel like we are right back- there in the old days of brexitcast, kind of interpreting both sides- and seeing each side talking right past one another once again. - i wonder though and obviously it is almost too early to say really but how much this sort of scratchiness and bumpiness that we hav

ursula bonder line -- ursula von der leyen has sent her condolences, as had president joe biden and his wife jill. charlotte, this has bn a difficult time for the british royal family, with the recent, very public rake up with harry and meghan, after that explosive interview with oprah winfrey. charlotte: indeed. prince philip has been by the queen's side for numerous tumultuous periods. the one that springs to mind is the deh of princess diana in 1997, but the interview that harry and meghan gave to oprah last month was just the latest in a string of controversial moments, megan making some allegations about the way the palace treated her, her mental health, and of course, an explosive allegation suggesting racism from an unnamed member of the royal family. the palace forced to respond to that, something they weren't expecting to do. such was the level of controversy surroundg this interview, prince philip was a hospital when it was ven. some people commented it was insensitive for this interview to g ahead, but the queen has wehered so many storms in the past, few doubt she will conti

we have ursula von der leyen on the right. presen of the european council on the left, and in the middle is the host, turkey's president erdogen and as they went inside to talk, this happened. there was one chair next to president erdogen and ursula von der leyen had to sit in a nearby sofa. and there was a detailed analysis as to what she said in that exact moment. political reports... the message appears clear and the clip was a soon racking up millions of views. before we knew we had headlines like... but not everyone is convinced that is the case was up one german journalists tweeted and we translated "when the boys and sit down, it is in the bosses aren't air force and the woman is just a sideline." this greek member of the european programme asks... we are left wondering was this as some suggest turkey snubbing a woman? was this turkey making a point about women's rights at the eu's expense or did someone somewhere just make an honest mistake? to try to answer that, we have been dragged into a whirlpool of european union

in europe, ursula von der leyen and condor lion -- ursula von der leyen confident we can vaccinate 70 million -- vaccinate 70% by january. it's got to happen quickly, and that is the target. alongside tom keene and lisa abramowicz, i'm jonathan ferro. this is bloomberg surveillance. your equity market up seven points on the s&p. 1.5454%. "the real yield" will be coming up on bloomberg tv at 1:00 eastern time. interesting to see the ruble gaining against the dollar off of that navalny headline. from new york, this is bloomberg. ♪ ♪ >> we still have the long-term structural forces that weigh against significant acceleration in growth. >> all eyes are really on what constitutes substantial progress right now. >> the markets are so overbought, enthusiasm is so high, that i think we are approaching that stall speed for a little while. >> the market is going to have to navigate this transition from incredible monetary accommodation to thinking about what removing some of that accommodation is ultimately going to look like. >> where policy stance is today needs to be seen through, but th

ursula von der leyen, the european commission president, spoke to the new york times sunday, suggesting that the e.u. will be opening its doors to u.s. travelers. but that brings on the question of which vaccines are going to be acceptable to the eu, to the united states. what can you tell us about the degree of commonality that exists? do you think the united states and europe will be prepared to accept, say, the chinese vaccine, or the sputnik vaccine, and the same way they are the other vaccines that are currently cleared for use in those regions? sam: i think that the hint was in some of the commentary that came from the eu, and that was that it would probably be vaccines which have already been approved in the european union, so that would be johnson & johnson, astrazeneca, moderna, pfizer/biontech. if the u.s. has the same, that might be an interesting question because that has not been approved by the fda, and it may therefore he won they should consider for filing to just pave the way for that. otherwise, you and i will not be able to easily go to the u.s. putting that aside, un

von der leyen representative of a pretty powerful body of nations, they are also pretty much against the current course of turkish policy. and so that's why i call it an own goal. you cannot survive, as it were, in the diplomatic game by doing a solo act of offence like this. if it was intended, it was misplaced, and if it was not intended, it was an accident of history, and he would be well advised to ameliorate this and amended in some way orfashion. bronwen, on this question of trying to find common purpose, which the eu attempts to do, in the iran talks, are europe, european union and the individual countries represented, are they now on the same page? i think yes. we had this hiatus when donald trump pronounced the iran deal a "bad deal". and that really stalled it. and blew up, forgive the phrase, years of diplomacy, successful diplomacy, that had arrived at that deal. which had disadvantages of both sides, but was in my view, the best deal that could have been done at that point and it did at first succeed in getting iran to hold its move towards a nuclear weapons capability.

von der leyen representative of a pretty powerful body of nations, they are also pretty much against the current course of turkish policy. and so that's why i call it an own goal. you cannot survive, as it were, in the diplomatic game by doing a solo act of offence like this. if it was intended, it was misplaced, and if it was not intended, it was an accident of history, and he would be well advised to ameliorate this and amended in some way or fashion. bronwen, on this question of trying to find common purpose, which the eu attempts to do — in the iran talks, are europe, european union and the individual countries represented, are they now on the same page as america? i think yes. we had this hiatus when donald trump pronounced the iran deal a "bad deal". and that really stalled it. and blew up, forgive the phrase, years of diplomacy, successful diplomacy, that had arrived at that deal. which had disadvantages on both sides, but was in my view, the best deal that could have been done at that point and it did at first succeed in getting iran to hold its move towards a nuclear weapo

von der leyen representative of a pretty powerful body of nations, they are also pretty much against the current course of turkish policy. and so that's why i call it an own goal. you cannot survive, as it were, in the diplomatic game by doing a solo act of offence like this. if it was intended, it was misplaced, and if it was not intended, it was an accident of history, and he would be well advised to ameliorate this and amended in some way or fashion. bronwen, on this question of trying to find common purpose, which the eu attempts to do, in the iran talks, our europe, ——which the eu attempts to do, in the iran talks, are europe, european union and the individual countries represented, are they now on the same page? i think yes. we had this hiatus when donald trump pronounced the iran deal a bad deal. and that really all that. ——and that really stalled it. and blew up, forgive the phrase, years of diplomacy, successful diplomacy, that had arrived at that deal. which had disadvantages of both sides, but was in my opinion, the best deal that could have been done at that point

von der leyen representative of a pretty powerful body of nations, they are also pretty much against the current course of turkish policy. and so that's why i call it an own goal. you cannot survive, as it were, in the diplomatic game by doing a solo act of offence like this. if it was intended, it was misplaced, and if it was not intended, it was an accident of history, and he would be well advised to ameliorate this and amended in some way orfashion. bronwen, on this question of trying to find common purpose, which the eu attempts to do — in the iran talks, are europe, european union and the individual countries represented, are they now on the same page as america? i think yes. we had this hiatus when donald trump pronounced the iran deal a "bad deal". and that really stalled it. and blew up, forgive the phrase, years of diplomacy, successful diplomacy, that had arrived at that deal. which had disadvantages on both sides, but was in my view, the best deal that could have been done at that point and it did at first succeed in getting iran to hold its move towards a nuclear weapon

no, and this being - significant language used on both sides, and ursula von der leyen yesterday with anger have many tools in the toolbox to try and pressurise britain if they do not live up to their side of obligations and it is also centred around fishing and northern ireland, where a lot of effort is going on to make sure the protocol can be implemented. this is led to some really increasing tensions we have seen in northern ireland. we have seen in northern ireland-— we have seen in northern ireland. �* , , ireland. also as well, this is mainly about _ ireland. also as well, this is mainly about goods, - ireland. also as well, this is mainly about goods, the - mainly about goods, the movement of goods across the borders, not really covering services and in particular financial services, which are a huge part of the uk gdp growth. your thoughts on what is ahead for financial services when it comes to the relationship with europe? comes to the relationship with euro e? . ., , comes to the relationship with euro e? ., ., , ., ., comes to the relationship with euroe? . . , europe

ursula von der leyen described it as a heinous, cowardly act. there has been widespread condemnation from across europe. the speaker of the european parliament tweeted:. and europe's human rights commissioner tweeted:. the head of the journalist's union said:. greek authorities say the murder investigation is being expedited. this is bbc world news, the latest headlines: the duke of edinburgh will be buried next saturday at windsor castle in a ceremonial royal funeral. thousands of people have been evacuated from the eastern caribbean island of st vincent after a volcano on friday sent a cloud of ash and smoke high into the air. the prime minister said evacuees had been temporarily housed on cruise ships and on safer parts of the island. our central america correspondent will grant reports. it is an awe—inspiring, frightening site, captured by the islanders of st vincent as they fled the affected huge big plumes of smoke and dust centre shooting several kilometres into the air as the volcano unleashed its incredible explosive power. it was bri

der leyen — who tweeted that europe's economic recovery �*is now on track'. the plan, which features big—ticket investments swetha ramachandran is an investment manager at gam investments here in london. good to have you on the programme. good to have you on the programme-— good to have you on the programme. good to have you on the rouramme. , �* , programme. this, i'm sure, was very welcome — programme. this, i'm sure, was very welcome news, _ programme. this, i'm sure, was very welcome news, especially l very welcome news, especially in italy and in spain. absolutely, italy and spain will be among the two largest recipients of this recovery package, and to be fair, this has reallyjust kicked the can down the road in that the german constitutional court has said that they do accept the complainant's basis in any delay to ratify the proposal would be any dummy quite catastrophic in terms of the economic recovery so the next step is it will get referred down to the european court of justice, but that will take likely many years to resolve, which won't

ursula von der leyen saying americans who are vaccinated could travel to europe this summer. 96.50 per ton for iron ore. the highest for copper since 2011. joining us to break this down is our guest from j.p. morgan. good morning to you. let's start with the start of earnings season. what are you expecting -- great numbers out of phillips, solid numbers out of the banks. are you optimistic about the start of the earnings season? lucy: for sure, the u.s. with massive feats and i imagine we will see even more in europe because europe is a more cyclical market. we will see -- the banks should see good inflows on the macro level. and the industrials, financial industrials a larger part of the european market that are cyclical. manus: good morning. good to have you back, congratulations on the move. good to have you back on the show. i was beginning to worry. you say overall it is 10 to midnight on equity markets. lucy, clarify that for me. what are the risks on the 10 to midnight on equity markets? lucy: we are late cycle, we know that. some people are taking the rebound from last year is

von der leyen that says the eu is co—ordinating work across members, activating something called the eu civil protection mechanism designed to pull the resources of the various emergency departments so equipment can be sent as quickly as possible. again, the em - hasis quickly as possible. again, the emphasis very _ quickly as possible. again, the emphasis very much _ quickly as possible. again, the emphasis very much on - quickly as possible. again, the l emphasis very much on oxygen. funerals have been held in iraq for more than eighty people killed by a fire at a hospital in baghdad treating coronavirus patients. at least a hundred more were injured. reports say an accident caused an oxygen tank to explode, sparking the blaze. the iraqi health minister has been suspended pending an inquiry. fighting has erupted in the somali capital, mogadishu, between different sections of the security forces. some support the opposition while others back the president whose mandate was recently extended by two years. ireland's prime minister has sharply criticised european football's governing b

today, ursula von der leyen saying at some point u.s. visitors will be able to come back here if they are vaccinated. how does the vaccine rollout go forward after pretty much everyone who has one today vaccine has gotten it now? -- has wanted a vaccine has gotten it now? dr. sharfstein: there are three groups -- people who really want today vaccine, banging on the pharmacy door. in the u.s., those people are now getting vaccinated, or know when their appointment is. the second group is the wait and see group. they are interested. you have to find them, answer their questions and they will get vaccinated. that's the main stage in the u.s. that may be 30% of the population. there are a lot of people there. that is not as easy as opening a football stadium and vaccinating everyone who shows up. you have to go out, answer questions, do mobile vaccination. that will be the nature of the effort. matt: thank you for joining us today. you have been a real help. dr. joshua sharfstein there of johns hopkins. still ahead, e-sports giant veloce bec

president of the european commission ursula von der leyen says americans would travel to the eu. details still have to be rushed out. in russia, a preliminary order has suspended the operations of opposition leader alexi navalny's campaign offices. he is in prison and last week ended a 24 day hundred strike -- 24 day hunger strike. hong kong says people must have had two vaccine doses at least 14 days before flying. singapore has no such requirement. investors took advantage of bitcoins lowest level in seven weeks to pile back in. the world's largest digital currency is on track for its biggest gain since february 8 . it dropped before rising almost 10%. global news 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i'm ritika gupta. this is bloomberg. ♪ >> our success is not in the hands of the administration. it is in the hands of congress, and this is really tricky for the administration right now. so a lot of people, for example, don't expect the capital gains tax to double. they think by the tim

the prime minister of india underlining his career, and ursula von der leyen speaking of her sadness at prince philip's passing. alix: we really appreciate that. thank very much. joining us now for more insight on the legacy of its is bloomberg editor-in-chief don micklethwait -- editor-in-chief john micklethwait. walk me through the last 70 years, the legacy that prince philip now leaves behind. john: i think he will probably be room embers for the kind of role he played. we all watch "the crown," we all see people trying to play him, but he took on this trauma to slick difficult role, and certainly it was a time when men were supposed to be the leaders and things like that, and he filled this role of always being beside the queen supporting her. obviously at times it was frustrating for him, but i think he did have quite a big impact. he did quite a lot to open up the monarchy. he did quite a lot in his own way to actually encourage things , young people and stuff like that. so i think he is renumbered with affection, as you can see by the flowers arriving at buckingham palace. guy

here's ursula von der leyen speaking in march on that. it is hard to explain to our citizens why vaccines produced in the european union are going to other countries that are also producing vaccines, but hardly nothing is coming back to the european union. 0ur europe correspondent has this analysis. this is the latest instalment in this bitter row that has been rumbling on for a few months now. what we are told is this is a unanimous decision. the 27 eu member states have decided to take legal action against astrazeneca and, just at the heart of this, the european commission believes that the british—swedish company has been favouring the united kingdom, sending more doses to the uk compared with the eu member states and so they believe this is unacceptable and have launched this legal action. they also say that astrazeneca has not got an effective strategy to deliver the doses. and if we look at the sort of numbers here, by the end ofjune, the eu says it should have been getting about 100 million doses and in fact it is likely to get..

ursula von der leyen meets resident erdogan -- president erdogan. and on wednesday central bankers gather for their meeting. thursday, watch out for that latest ecb meeting. then fed chair jay powell will speak on the global economy at the imf meetings. the european commission has approved a 4 billion euro rescue plan for air france klm, aimed at strengthening the indebted carriers balance sheet and the conversion of government loans into hybrid bonds, and raising fresh equity. joining us from france, how important is this plan for the airline? is it a necessity? >> it is a necessity given the impact of the covid crisis on air france and the travel industry. last year the airlines benefited from 10 billion euros in direct loans. as much as 3 billion of existing loans will be basically converted into a permanent loan. air france, the french arm of air france klm, will receive up to one billion euros a fresh capital injection. the french stake will raise to nearly 30%, but the european commission asked air france like it did with lift anza -- left luf

von der leyen representative of a pretty powerful body of nations, they are also pretty much against the current course of turkish policy. so that's why i call it an own goal. you cannot survive in the diplomatic game by doing a solo act of offence like this. if it was intended, it was misplaced and if it was unintended, it was an accident of history and he would be well advised to ameliorate this and amended in some way orfashion. to ameliorate this and amended in some way or fashion.— to ameliorate this and amended in some way or fashion. bronwen, on this question _ some way or fashion. bronwen, on this question of _ some way or fashion. bronwen, on this question of trying _ some way or fashion. bronwen, on this question of trying to _ some way or fashion. bronwen, on this question of trying to find - this question of trying to find common purpose, which eu attempts to do, in the iran talks, our europe, european union and the individual countries represented, are they now on the same page? i countries represented, are they now on the same page?— on the same page? i think yes. w

ursula von der leyen tells the new york times american tourists will be able to visit the eu if they have been fully vaccinated. warm welcome to the program. it is just gone 7:00 in london. mark, what are the markets saying to you this week? mark: good morning. traders are preoccupied by the virus tragedy in india. from markets perspective, that is not the story today. it is a softer dollar and the strength in certain metals and agricultural prices. anna: plenty to focus on. just under an hour away from the start of the cash equities trade. let's have a look at where the futures are positioning. when it comes to the virus and india in particular, but in terms of the markets, worth remembering how strong things were during friday's session in the united states. european futures not really reflecting much of that. european equity markets fairly flat. u.s. equity market futures fairly mixed. nasdaq futures a little weaker. fairly flat. that is after we saw a 1.4 gain on the nasdaq. small caps doing well. positive u.s. data friday help the market turn away from the earlier concerns aroun

der leyen, good news, for the hospitality and travel industry. it is really a boon tonight and she talked about how the three vaccines in use in the u.s. have also been approved for use in the eu. so there is a glide path to getting back to normal. as we talked about in the prior hour, hong kong and singapore also working on a bilateral travel bubble. week by week, as cases go down, in many places, even as they are high elsewhere, we are seeing signs of normality. paul: deputy managing editor ross crassly. -- ros krasny. vonnie: twitter removed are restricted 50 posts in the past month at the reflect -- request of the indian government. the ending express say the tweets included criticism of government handling of the pandemic and videos of an attack by maoist insurgents. in a statement twitter says it reviews all valid legal requests. bloomberg sources say hong kong and singapore may soon announce, perhaps as soon as monday, a long-awaited travel bubble may begin may 26. travel between the two financial hubs would be quarantined free, if no furt

iwas just going to say i want to put on i just going to say i want to put on screen ursula von der leyen's talk. she's in part celebrating that europe is approaching the 100 million mark in the vaccination programme. it seems to me a bit of a comparative victory, because the united states is about to hit 200 million. how do people there in denmark view it? do they think it's something to celebrate or are they annoyed that it's taken so long? i think there's a discussion about the lack in _ think there's a discussion about the lack in vaccines, not that big in denmark, _ lack in vaccines, not that big in denmark, but it's one thing where people _ denmark, but it's one thing where people are — denmark, but it's one thing where people are probably blaming the eu quite a _ people are probably blaming the eu quite a bit because when you compare the rest _ quite a bit because when you compare the rest of— quite a bit because when you compare the rest of the —— rates of vaccination, of course, denmark is lagging _ vaccination, of course, denmark is lagging quite a bit behind. we are aroun

reacting to the approval — the european commission president ursula von der leyen said the approval was the foundation of a strong and close partnership with the uk. but added "faithful implementation is essential". responding to the final approval of the brexit deal the prime minister said: now it's time for a look at the weather with carol. hello again. for many of us today, we are looking at a lot of cloud, scattered showers, and chilly wind. most of the rain is across parts of england and wales. it will brighten up england and wales. it will brighten up in northern england the summer sunshine, but showers across northern ireland and scotland, some of the showers could be heavy and thundery. the white circles indicate the average wind speed, so, for most, an optically windy, but the wind accentuating the cool field across the north sea coastline. up to 30 degrees, so, cooler than it was yesterday. through this evening and overnight will have lost a clear skies, so the temperatures will fall away. the ring gets into the south—east. some of the showers in the will be wintry, and ther

reacting to the approval — the european commission president ursula von der leyen said the approval was the foundation of a strong and close partnership with the uk. but added "faithful implementation is essential". responding to the final approval of the brexit deal the prime minister said: new details have emerged of the impact of the government's decision to cut its overseas aid budget. a leaked ministerial briefing paper says uk funding for water and sanitation projects will be cut by more than 80% this year. and the devex website is reporting that uk funding for polio eradication will cut by 95%. steve mcqueen's bbc drama series small axe leads the field at this year's bafta television awards, receiving 15 nominations across the main catagories, with netflix's the crown following shortly behind with 10 nominations. the winner will be announced as part of the ceremony on the sixth ofjune. unlike last year, the awards will be held in person, at a venue yet to be announced. colin paterson is our entertainment correspondent. lets get his thoughts on these nominations. let's begin with

the president of the european commission, ursula von der leyen, says: the irish taoiseach michael martin says: the indian prime minister, narendra modi, has released a statement. he says: the prime minister of new zealand has expressed her condolences. jacinda ardern says: the queen is in windsor castle and thatis the queen is in windsor castle and that is where we are going to join our correspondent. our correspondent, helena wilkinson, is live in windsor now. there are a few people behind you. you wouldn't expect big crowds today, but what are you picking up today. i'm thinking about windsor itself as a symbol of not the headquarters of the royal family, but very much the home and the favoured home really of the duke and the queen? , ., , the queen? yes, that is right. the ro al the queen? yes, that is right. the royal standard _ the queen? yes, that is right. the royal standard is _ the queen? yes, that is right. the royal standard is flying _ the queen? yes, that is right. the royal standard is flying here - the queen? yes, that is right. the royal standard is flying here at - royal