Of delivering what we said we would deliver. What were saying is our guidance remains unchanged as a result of doing this. We dont think weve overpaid. The swiss market has caved in to carl icahn. Theyre paying a dividend for the first time in two years. France says its not standing in a way with a deal with iran after being blamed for stifling six Party Negotiations over ending the countrys Nuclear Program. U. N. Claims some 9. 5 Million People in the philippines have been affected by typhoon haiyan. Up to 10,000 people are estimated to be killed in the city. Its been hampered by disrupted access to remote communities. We have more from manila in this report. What we know is that this is an unprecedented Natural Disaster for this country. Now theres really no stranger to extreme weather and earthquakes. Even seasoned officials are shocked by the severity, especially of the storm surges that were caused by this super typhoon and its created what many are describing as sue nam any type conditions. A lot of these villages are wiped to the ground. Same as we saw in 2004 in december during the indian ocean tsunami. This is creating some very serious low guelogistical difficulties. The aid is not getting in to the places where its needed the most. This is where International Assistance is coming in, especially from the u. S. , but also from the European Union and many other countries in the world. There has been an outpouring of generosity directed at the philippines. We know the first World Food Program cargo has already left from malaysia. That should be arriving imminently in this country. This is a situation that is not without controversy. There have been some reports of widespread looting and there have been some accusations that the government has not done enough to really clamp down on that looting. Some have been suggesting that there should even be marshal law in some of the affected areas and there has been talk of a state of emergency. The president said that the First Priority is to deliver aid to the people who need it the most. This is what he had to say. And also for those that have been confirmed killed, that is a concern. We have a need for those who are living, those who are injured, the need for footd and the need for water. There seems to be a lack of visibility on the exact number of fatalities at this juncture. Many in the media here as well as the International Media reporting that the figure could be upwards of 10,000. The official figures from the Disaster Management officials here in manila are putting it lower. They say its a lower number. The president has said that the casual at this numbers need to be treated with a degree of sobriety at this stage. There will be a hit on the broader governor and the Deputy Governor of the philippines has made it clear there will be an impact on the rates of inflation in the near term. Joining us is jake from the Catholic Charities organization and hes joining us from manila. Joe, what is the time frame for relief aid to get to those who need it . We havent seen it on the ground. This is a logistical challenge. There are no communications. People are lining up. Theyre trying to get relief items. Theres a lack of coordination with other agencies trying to get aid on the ground. This is a team effort here. Were trying to pull wide resources together. It will take us a couple of more days to get on the ground and get things set up and a couple more weeks, really, to get to all the places that need it. What do we know about just how things are in the city . We have some disruption on the phone, joe. Well try to sort that out, joe. Thank you very much. It is obviously a difficult situation there. At the same time were also hearing that today that a weekend typhoon hit vietnam. It yanked boats from his moorin moorings. The storm will likely be downgraded to a tropical depression as it heads north into china. For the very latest images for the widespread changes you can log onto the website and follow us on twitter at cnbc world. The website is cnbc. Com. Now meanwhile, john kerry says the u. S. Is meeting constantly with israel on the iran Nuclear Program. Hes confident that a deal with iran can protect israel. Well talk more about the discussions with iran, what it means for the oil price as well. Also, coming up on todays show, as tickets go on sale, will the country be ready for kickoff. Well get all of the prematch at 10 20 ct. The greek government is advising a vote. Well be joined by the former Board Director at 10 30. Plus, houses built on water stilts, homes covered in al guy and an apartment block built almost entirely of wood. Could these schemes be the future eco city. The Holiday Shopping is coming. The fourth coming season will be the most promotional since the depth of the financial crisis. And on the day, off shore drilling reaches a deal. A new link says the number of shareholder interventions soared 88 from january 2010. One of the authors of that report joins us on set at 10 40. And if youve got any thoughts or comments on anything thats coming up on the show today, please email as wor worldwi worldwide cnbc. Com. Were an hour and eight minutes into the trading. Six to four advancers outpacing decliners. The ftse was down 26 points. 4 . We did get a rally at the end of the session on friday. Its outweighing fierce fears that there will be tapering. Xetra dax is flat as well as the cac. Not doing an awful lot. I say very much in focus taking a hit after the group suspended three executives at its irish unit. Its investigating claims in finance functions. Rsa down 12 in london. Gaining after reporting better than expected profits. Recovering from a steep loss in the previous session. Speaking earlier in a first on cnbc interview, they say the company was working hard to avoid further strikes after workers unrest left dozens dead in south africa last year. Were doing everything with all our stakeholders to prevent a strike and we hope we will be there. We have been engaging continuously in making sure that we listen and engage genuinely and we believe we can find a way forward to make sure our business thrives. And bt has signed a deal to exclusively broadcast all Champions Leagues games next year. 897 Million Pounds. The stock is down half of a percent. People wondering where theyll recoup that. The transaction has been a bit of a blow for bskyb. They share the matches. The reason is bt appears to have more money than bskyb does as well. There will be implications forthe premier league. Well speak with mike laughlin. As far as bond markets, 10 year guilt years 2. 6. The u. S. Markets are closed because its veterans day. Its the 11th of the 11th. Ten year yields are worth pointing out closing at 2 point be point 75 . Before the jobs report came out we had a yield of just over 2. 6 so thats whats going on right now in europe. Lets get more on the asian market. Were joined by sixuan. Thank you, rob. Beijing keeps the doors firmly closed on its policy. On the whole, china markets ended higher before the party plenum ends tomorrow. Chinese leaders will map out the Top Priorities for the next decade. Everyone is watching if theyre coming up with any pro market moves and a reform mative policy. That will, indeed, affect Market Sentiment in a big way. Nikkei gained 1 point be point 3 today while the dollar yen crossed the mark. They raised the minimum downpayment for second home buyers from 70 to 60 . And we have a tumble of 9 by luijazui. Chinese railway stock outperformed stocks that beijing will kick off this years second round of tenders for speed rail projects expecting to purchase projects really worth citizen holding up more than 7 today after topping first half guidance, but Electronics Manufacturer hosiden ended down by 4 as its q 2 missed guidance. Thats all for me. Back to you. Xisuan, thank you for that. The euro dollar, we got down to that 1. 3295 last friday. The september 16th low. The dollar index is up twomonth highs. Post that job number on friday. Much stronger 2457b than expected. Some people are saying we might need to price in a december move. The dollar, 1. 3378. Meanwhile, in china, leaders are still in closed door policy meetings at the communist party. Solid Economic Data out over the weekend could lend some confidence a major reform push. Chinese inflation edged up in october but stayed below estimates whilst factory output rose more than expected and factory sales pretty hefty. Its the largest shopping day of the year. Not black friday, its chinas cyber monday. It takes place on the 11th. Originally it was a day to celebrate bachelor hood. Now its called chinas singles day. There are big online promotions from the likes of alibaba. It nets more money than both black friday and americas cyber monday combined, which is an awful lot of money. Still to come, fingers point at france as talks of Irans Nuclear talks break down. Well have the very latest after the break. Farmers presents fifteen seconds of smart. So you want to drive more safely . Stop eating. Take deep breaths. Avoid bad weather. [ whispers ] get eight hours. [ shouts over music ] turn it down and, of course, talk to farmers. Hi. Hi. We are farmers bum pa dum, bum bum bum bum announcer youre watching Worldwide Exchange. Frances foreign minister says major powers are not far from a deal with iran on its Nuclear Program. This is international talks in geneva failed over the weekend and are expected to resume in ten days time. Addressing Parliament Yesterday the reining president Hassan Rouhani said they had the right to reduce nuclear fuel and will not bow to threats by major powers. The u. S. Secretary of state john kerry unexpectedly flew to geneva to help bridge the differences. Speaking to nbcs meet the press he denied reports that france was to blame for the breakdown in talks. Id say a number of nations, not just the french but ourselves and others, wanted to make sure that we had the tough language necessary, the clarity in the language necessary to be absolutely certain that we were doing the job and not granting more or doing something slopily and make a mistake. Joining us is hadley garan. What do you make of the progress or lack of progress . Well, it hasnt been a total wash. This is the highest level of engagement that weve seen between tehran and the United States since the 1979 revolution. The main Sticking Point for france, for the israelis as well, is the fact that this plan from the white house, this grace period of six months does not require iran to stop enriching uranium. It does not require iran to dismantle its Nuclear Program basically. Theres a healthy amount of skepticism. Many in the u. S. Smell blood. Theyve seen iran come to the table. General jim jones is the former security advisor to president obama. Hes very familiar with tehrans nuclear actions. He talked to them in 2009 and didnt see a deal. He has a bit of skepticism. I asked him, is this political posturing or could we see them come to the table and make a deal. Thats a great question. Thats one everybody is asking themselves about. Obviously in this region much closer to iran there are some pretty hard convictions about anything iran says depending which country. In 2000 nieb we did reach out to them. We reached out to them publicly but also in ways that were where they didnt have to respond just to see if there was a willingness to have a dialog e dialogue. The president mentioned it in his address. We will reach out and test the waters to know with no success. Iran clearly wasnt interested in either a quiet relationship that maybe would help restore relationships with us and thats the way it was. Nonetheless, the United States cannot afford to pass up an opportunity or to be seen to pass up an opportunity from a new government who now reaches out to us. I understand people who say dont believe them. I understand people who say they havent changed, that youre being seduced, youre being youre showing weakness. We have to at least test the waters. Weve been down this road before. We will im sure draw our conclusions very quickly and well see what those conclusions are. My one experience is i wouldnt get my hopes up too high, but thats because ive been down the track a few times and im quite sure that the president and the Vice President , secretary of state are fully capable of making an assessment and when the time comes well see the sin cert of those intentions. So well see what happens. So theres general jim jones, healthy bit of skepticism echoing something ive heard from Congressional Republicans as well. The longer they take the p 5 plus 1 to get something on the table to get a real deal with iran, congress can come out and say, we can put some more sanctions in play. Its going to turn political. The quicker they can make a deal, the better. For now, thank you. We turn to the philippines, the u. N. Claims some 9. 5 Million People have been affected by typhoon haiyan. Joining us for more is marie from oxfam who is also in manila. Marie, thanks so much, indeed, for joining us. Can you tell us what is going on among relief efforts particularly around taclaban where we understand its been difficult to get in there because bridges had come down . Do you know the latest . Yes. Right. Youre right there. So this figure that we are looking at now has actually doubled and its like 10 of the total population affected. 70 of them already in Evacuation Centers in 41 provinces in the country. These are the worst provinces. These are really islands. It continues to challenge give us challenges in terms of accessibility in communication. So some of the areas are 100 destroyed. On the averages, some of the buildings and major infrastructure have been destroyed. Major needs revolve around food, water and shelter. Who is leading the relief effort at the moment . Right now the government is leading relief efforts but the International Community has been trying to coordinate efforts more strongly to reach maces that the government has not reached. Right now the concentration of efforts are still in taklaban. We need to set up command centers, get to relief efforts soonest so that this reaches the people who are affected and dont drive them to desperation as food and water is becoming scars in these areas. How would you describe the areas of desperation . The latest report on the red cross truck being attacked, attacked in the sense that i think this has driven people to mop up any relief efforts that come to their way to go and try to partake of these goods right away. So really order has to be, you know, some people have government has to get its act together so that order can be restored in those areas. This is only there is only one report that we have. This may not be true in other areas so were still trying to reach some areas right now. Weve sent teams to eastern areas and to the northern parts. Marie, thanks for that. Marie madamba from oxfam. Well keep you up to date with all of the news from the philippines as it happens. Bp has recently signed a deal for all of the games for the Champions League. Bt only launched its sports channel and spent 738 Million Pounds to show premier league games. Speaking earlier on this channel, the cfo of bt defended the deals cost. We had an envelope. We came within that envelope and we genuinely believe that we can monetize this and it makes commercial sense. We have a long track record of having delivered what we said we would deliver, both in terms of our guidance and our cash flow guidance. What were saying here is our guidance remains unchanged as a result of doing this so we dont think weve overpaid. Joining us is mike laughlin. Bt doesnt think theyve overpaid but plenty of others do, dont they . I think the market is pretty shocked by the fees paid by bt. More than excessive double the amount than the current deal is worth, 400 million. Its a lot of money, but it it gives bt an exclusive package which no one has ever had before. It will be very interesting to see how they develop this. Of course, this is a major challenge to bskyb. Bskyb stock is down by nearly 400 Million Pounds with people saying its not the value that theyve lost Champions Leagues rights. People go what happens with the next premier league negotiation. I think thats absolutely right. Weve seen premier league went to 3 billion this time around. That comes up for renewal for 2016. Youve got the situation that theres a massive hyper inflation in the market rights for these. Bskyb, 10 million subscribers. Bt, 7 million subscribers. This is not just about sport, this is about broadband. Broadband has a mix here which sky has not had to deal with before. Theyve always been dealing with just sport. This is different for bt. This is about building and establishing their broadband subscribers and using sport for their platform which has worked incredibly for sky. The satellite system. So the strategy is identical. The last time weve seen this type of thing happening was sky coming onto the platform 20 years ago. Bt is playing sky at their own game. More money into the games. Yes. Now this news comes as we also get the second tranche of tickets going on for the world cup in brazil. How would you describe right now their state of readiness and preparedness and particularly what threat is there from disturbances . I mean, i think the problem everyone was shocked i think at what happened during the coderations cup. Theres a lot of civil unrest. I think brazil has experienced a massive growth in the last few years. They have this big class c group which is half of t