Models, designers and powerbrokers turnout for the British Fashion awards. Welcome to countdown. It is 6 00 here in london on Tuesday Morning and a very good morning to you all. The man who could be the chancellor has been drawing up his economic battle lines. The u. K. Opposition finance spokesman told Francine Lacqua a referendum on britains membership of the eu would be a risk and that britain needs to stay in the European Union. That our economy is growing in a strong and Sustainable Way and to do that we need to stay a member of the European Union and europe has to reform. The walk away from the largest Single Market would be a disaster for british jobs and investments but we also have to win the argument of the public in europe and in open Trading Company can deliver for their company budgets. Moment have at the seen that our economy is not working for open people. What are the chances of the u. K. Leaving the eu . It is a real risk, if you have a conservative government in 2015
Raisins. Our chief washington correspondent peter cook has the latest on the Justice Department meeting with comcast and Time Warner Cable on the proposed merger. Those stories are in a moment. Lets first get you right to the top stories we are following in the hour. Accused of playing a role in the 2010 flash crash 7. 5 million bail. Ordered to live at his parents house. He cannot use the internet or a phone with internet access. His parents must pay a fine and will surrender their passports. He is charged with helping some of the Dow Jones Industrial average wild 1000 point dive on may 6 of 2010. Ryan has this report from outside the suspects house. Ryan we are in a london suburb. A noisy place to you can hear a plane taking off right now. Perhaps not the kind of place you would expect to find a crater with enough weight to throw around to cause the market crashed. That is exactly what u. S. Prosecutors allege. They say a day trader operating out of his family home on this london str
6 00 in just gone london on this friday morning. Bloomberg reporters are standing by across the world did Ryan Chilcote is on the ground in russian president Vladimir Putin is put on notice to end the standoff or face sanctions. David tweed is standing by in brussels with more on the diplomatic attempts to ease the crisis. About jobsrro is all friday and South African president jacob zuma is on a mission to empower black people. Caroline hyde has the details. The United States and the European Union will move forward with sanctions unless Vladimir Putin joins discussions for a diplomatic solution in ukraine. Ryan chilcote lines us from kiev. Putinent couldnt and president obama seemed to be moving in Different Directions for the time being. The Crimean Parliament has voted to secede from ukraine and to join russia and to hold a popular vote on the 16th of march, in nine days. They were already going to hold that referendum, they simply moved it up. Remember that crimea is a region of u
California. Ah, this is out there and these that help stories. Moscow and keith have signed a deal to allow the safe passage of grain expos, ukrainian ports on the black sea. The agreement was broken by taking the United Nations and has raised hopes of easing the global food crisis. Took his present wretched tire, but the one that says that the agreement marks a important step towards peace in the ukraine is some will the utmost old rules would mistake. This joined step. We are taking in istanbul together with russia and ukraine will be a new turning point that will revive the hopes for peace. This is my sincere hope, whatever direction the developments on the field will take this, the war will finally and on the negotiating table is friendly and peaceful atmosphere that we have established. All will be to the benefit of humanity. And this will transform into steps aimed at ending the war up so long as new president s has been criticized for a violent crack down on Anti Government prot
Forecast in the second month in a row. Sot is because jobs are weaken the economy is not picking up as planned. Thats the good thing because tapering is a concern. Congress will speak twice this. Eek. We look forward to that u. S. Up by almost two percent. China prepares in for more volatility when it comes to market, there had better be. The swings we have seen are likely to persist. Going to happen i guess. We have been looking at the Market Reaction today. As a positiveen move coming from the central bank. They do recognize a need to go higher. China does want to let free market dictate. They said that at the last forces doingmarket more in china. It is priced were the risk should be. What they are saying is the market does need to tolerate reasonable movements in rates. Where are we now . As far as today is concerned we are a little bit higher compared to friday, but if you look back three months or 10 years. You going to use this quote. Resources to be allocated properly, there yo