For an earnings season that is beginning to unfold. Later, the rush is on as Apple Unveils its new 5g enabled iphone are the stars now aligned for a super cycle that wall street has been waiting for for apple power lunch starts right now stimulus negotiations hitting a wall once again as the two sides are stuck on whether to do one big bill or several smaller ones elon has the latest for us there will be no relief before the election. We knew this in our guts, we knew it by looking at the calendar and today treasury secretary Steven Mnuchin acknowledged it publicly during a speech for the milken institute. Getting something done before the election and executing on that would be difficult just given where we are in the level of details were going to try to continue to work through these issues reporter now, this is dispute the fact that the senate will still go through the exercise of voting on a 500 billion package of targeted relief next week thats much less than what democrats are a
A deal even if that window is only a matter of days that are open go ahead in paris. No i dont think that he will get anything because for 2 reasons number one the big countries are really fed up with this brit this is it the sions that is it isnt that you know like 60 years old so theyre really fed up and 2nd thing its too complicated to have like 27. Countries agree on the new proposal because for Foreign Affairs matters you need the. So technically these are techniques of a European Union its too complicated so Boris Johnson well not get anything more he has been told that by america and by. Emmanuel court in paris ok the same thing to you i mean it respective of how democratic or undemocratic the tories gambit is here it is ramming it through it but Boris Johnson and his associates will say but this is what people voted for and hes just doing the will of the people irrespective of well its a bit devious but then politics and being devious are synonymous so go ahead alistair in lond
With the latest on these stories you can head to our dot com cross talk is next coming up in about an hours time my colleague wants to. Follow in welcome to cross talk where all things are considered. Ever since the arrival of Boris Johnson to 10 downing street theres a growing sense have been evident ability that breaks it will be executed on october 31st with or without a deal to be get to this point what lessons have been learned should have been learned. That im joined by my guest were now in paris he is chief Foreign Correspondent at le figaro in london we have allister donald he is an associate director at the. To me of ideas and in edinburgh we cross in john white he is a political commentator and writer originally cross titles in effect that means he can jump any time you want and i always appreciate let me go to john in edinburgh 1st here in my introduction i said theres a growing sense of inevitability that we will have brags that on the 31st here and my off the mark go ahead
Those people who want to delay breaks it in fact want to do much more than that they want to actually stop that and right from the outset the mechanisms to stop or exit those are have always been posed in a kind of democratically friendly way but the mass the real intent which is really to stop or exit all the other lets stay within tensions i like that look this go back to admiral john i mean to resume was the worst person possible to negotiate because she didnt believe in it ok she wasnt she was the remainder now we have Boris Johnson which with very kind of a checkered past these really kind of grabbed this thing and made it his own and hes going to fall on his sword one way or another when it comes to braggs it here but least hes in braced it it seems to me and you gentlemen in the u. K. Are more familiar with it than i am but there seems to me legally theres not much out there that can actually really stop him hes going to get this done. Ideal or not go ahead john well theyre out
Slide. The hang seng was up by 3 4 of a percentage point shanghai stocks closed down by 1 3 of a percentage point in japan, the nikkei higher once again. Another 100 points gain of half a percentage point. Trading at 21,255. In europe there is early trading taking place there are modest advances. It looks like the dax is the biggest gainer well continue to keep an eye on that. Were watching a developing story in the oil market. Crude and brent, they are moving higher on news that iraqi troops have seized parts of oil rich kurdistan. Theyre moving into parts of the city of kirkuk the u. S. Has supplied and trained Iraqi Federal forces and Kurdish Forces both have been fighting the Islamist State Group they are to if he cuss on the war with isis. One is missing, another five missing. Theyre trying to get to they were trying to get to a valve to cut off the flow of oil. Right now they are not ruling out the possibility that the oil is leaking into the lake the cause of the blast is unknow