something close to the end of june. it looks likely that she will get it. those are the indications from eu leaders in brussels. the details will be thrashed out today. but what we do know, that there will be a very strict condition attached and that is that the extension won t become official, it won t be locked in unless theresa may is able to get parliament here in london to back the negotiated divorce agreement that parliament has already rejected twice. so that is a really big condition, that remains a really big challenge for the prime minister and tlg hait will have happen before march 29 because that remains under british law the official brexit date. so if the deal doesn t go through, then the uk is still very much looking at the possibility of crashing out of the european union without a deal in place on march 29. and that is widely expected to be a pretty catastrophic scenario economically both for
yeah, it will be something that continues to be an issue. on the other hand, i think they have bigger concerns in the administration when it comes to russia, when it comes to any number of ongoing questions. the policy issues looming large and the time running out on this calendar year on health care, on tax reform which is the next priority, supposedly, and they are hoping to get a bill ready to introduce on the house floor in early september. in terms of free-wheeling, it is stunning. i heard from sources inside the white house, the president himself is very happy with the job anthony has done so far. that comes as no surprise. he s done exactly what would suit the president. he s moved the ball forward. until that company is sold, you said it, it s been delayed. there is more and more scrutiny on these types of deals. in 2016, hna spent $20 billion investing in companies around the world. this year alone, they spent almost $6 billion. if that deal doesn t go through, like anthony
is moving higher up to 5%. if the deal doesn t go through, investors can expect oil prices to drop. nancy hungerford for us at cnbc in london. louis? president-elect donald trump may be facing yet another potential conflict of interest, this time with his organization s lease of the old federal post office in washington, d.c. now the home to the new trump international hotel. federal procurement experts point to a provision in trump s 60-year, $180 million lease, which with the general services administration that states no elected official of the government of the united states shall be admitted to any share or part of this lease or to any benefit that may arise there from. trump, in effect, would breach the contract when he becomes an elected u.s. official on january 20th. experts note once trump becomes president, he will effectively be both the tenant and landlord of the building, and in yet another possible conflict of
he feels very strongly. he was challenged after the speech about if the sanctions would stick if the deal doesn t go through. and thanks for coming clean on the tail. i didn t know. so i am watching the president recently say yes to arctic drilling. that last people of paper for shell to continue on with drilling and putting more oil in our hands. how does this play through with the iran deal? there is an easy answer that is denied by democrats. any time you increase our capacity to produce and possibly export oil in the united states you put us in a better position as far as national security. that is fact. when you look at the democrats coming, menendez and schumer,
as an agreement is concerned, it s about as good as you re going to get. it sort of gets a c-minus to a d-plus. you are saying that s not that good but i guess it s better than an f. secretary kerry also saying there are some economic there could be economic fallout if the deal does not come through. more hyperbole? i heard what the secretary of state said in a session today that the dollar, the value of the dollar, could be undermined in the event this deal doesn t go through. my advice to secretary kerry is to understand the following. there are legitimate concerns many members of congress have not so much about every aspect of the deal itself but the regional problems that this deal creates for our allies particularly israel. there is no containment policy that the secretary of state or the president has put in place to make it easier for members of congress who are deeply concerned about the consequences of this deal to israel and our arab allies.