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Hard extreme brexit. leaving the single market and single market for goods known as the custom union. but the problem for theresa may in changing her position that she set up strict lines around sovereignty. so if the uk were to stay in the elements of the eu single markets from trade deals with third parties. they can't go to the u.s. and china and major countries and say let's do a bilateral trade deal. these two red lines with the uk says it wants a global britain and a freedom for trade deals. if theresa may changes her tact to a softer brexit she loses what she promises on those red lines...

>> tomorrow president obama will meet with the ukrainian prime minister. what do you want president obama to tell him? >> well, putin here is operating from a position of weakness. i mean, even if he is able to cloud the status of crimea, 95% of ukraine is outside of crimea and he has essentially sealed their fate. they are going to join the eu but can only do that with significant support from the united states and the imf. our focus first and foremost should be solidifying the economy because if we have a frozen conflict in crimea over the next several years, if the rest of ukraine joins wit...