The chart of the day, check out the yield curve. 210 spread. Points, we have seen the biggest decline in that 1980 ore like 2007. David what happens when we get to 50 . Do we have confetti . Alix that is bad. Get u. S. Adp5, we employment change data for the month of november. In london, Philip Hammond will be speaking at the Treasury Select Committee at 9 00. In washington, President Trump is set to make a statement on moving the u. S. Embassy in israel from tel aviv to jerusalem at 1 00 this afternoon. That is coming up today. Our top story this morning with the daybreak first take. Risk off markets overnight. Bitcoin hitting new heights. Of course, brexit because we always have to talk about brexit. Joining us are Lisa Abramowicz and joe weisenthal. Lets start with the risk off. What is going on . Joe good morning, i have no idea. It feels to me like the themes are international enough such that it is hard to point to one thing, except that a lot of things that have been working ver
Hard to say where they got stuck since no information at all gets out of the talks during this night so we can only believe that theyre still struggling with the same topics that they struck a while ago we heard that taxation policy and refugee policy are the major obstacles where theyre still discussing and money the money question the new government in germany has a lot of money that they can spend on top thats forty five billion euros but thats apparently not enough there are projects on the table that cost some one hundred billion euros so everyone has to give up on some of these projects and thats certainly nothing easy and then the social democrats they definitely need a success in the field of social policy and everything thats available or that its thinkable there is very costly whether it would be a reform of the Health Care System or higher pensions all these things that the social democrats would love to offer to their voters is controversial and expensive. As you said theyv
Highly controversial amongst the conservatives and the other all objective is the refugee policy migration policy where the conservatives dont want to agree to let more migrants into germany what the social democrats want another big field is the whole field of finances in general the social democrats. Have many many projects that cost a lot of money and this new government can spend a lot of money there some forty five billion euro to spend for the government by the project that are on the table theyre worth more than double this amount so everyone now has to step back and give up on some of their ideas kill their darlings which of course no one wants particularly hard for the social democrats because they need social policy successes to offer to their delegates to their Party Members in order to have a proper atmosphere a good atmosphere for this grand coalition potential grand coalition. So lets assume the worst here what happens if everything falls apart what happens if they walk o
Have an migration law it would also have a regulation so that families can be reunited families or friends fijis but the conservatives are not too happy with it thats just one example in the other fields most of the things that are problematic have to do with money theres some forty five billion euro that the new government can spend in germany thats quite a lot of money but the project that are on the table they are worth some one hundred billion euro so in other words everyone has to give up on some of their ideas and thats of course something no one really likes to do for the social democrats theres particularly a lot at stake in the field of social policy they have to deliver there they have to come come out here with the success for their Party Members that are highly skeptical towards this new coalition with the conservatives with im glad im actually so they need something that they can offer to them to their Party Delegates and say look we have achieved something here and now we
Claims are assessed. Also in the wake of Harvey Weinstein, actor emma watson talks about new british Film Industry standards to tackle bullying and Sexual Harassment. And great britains men edge out switzerland to make a winning start to their curling campaign at the Winter Olympics in pyeongchang. Good morning. Its wednesday, 14th february. Welcome to bbc newsroom live borisjohnson is about to set out his vision for how britain can seize the opportunities of brexit in an attempt to reassure remain voters who feel angry and alienated by the decision to leave the eu. In a speech in central london, the foreign secretary will argue that its a project of tearing down barriers rather than erecting them, and promoting globalfree trade. The foreign secretarys speech is the first in a series of speeches by government ministers which they have dubbed the road to brexit ahead of key talks on the uks future relationship with the eu. Our assistant Political Editor norman smith is outside the venue