FIRST AIRED: June 19, 2017

Nice work! Enjoy the show!

×

You’re busy. We get it.

Stay on top of the news with our Editor’s Picks newsletter.

US Edition
Intl. Edition
Unsubscribe at any time. One click, it’s gone.

Thanks for signing up!

×

Transcript

00:00:00
>> Brexit talks are finally kicking off almost a year to the day since Britain voted to leave the EU. Big smiles from Brexit Minister, David Davis speaking in Brussels.>> To build a new, deep, and special partnership with the European Union.>> That is EU counterpart Michell Boney looking more somber.
00:00:19
He's voiced impatience at the time it's taken to get to this point.>> For both sides that went into this building behind me today, there was a palpable sense of relief. They want to set an amicable tone in these talks. Both talked about being conciliatory, looking positively towards them, and trying to come out with a deal that suits both sides.
00:00:39
What is going to be the stickiest point is the money. How much does Britain owe the EU, and how much will it have to pay? The UK's previously said it would pursue a so called hard Brexit, a clean break from the single market and customs union. But that was before British Prime Minister Theresa May's gamble with the general election.
00:01:00
>> Back at home in Britain, the situation is less simple. May has lost a parliamentary majority, her authority is badly weakened and a lot of people in her cabinet and in her party are jockeying for how they see the Brexit negotiations working. She's got a huge balancing act on her hand, whether to go with the Brexitiers who want a hard Brexit, or the remainers, as they're called, who want to keep the closer ties with the EU.
00:01:28
>> The past week has thrown doubt over May's spot in the top job with local media speculating that she might face a challenge from within her conservative party. Downing street responding to this on Monday, saying May is leading the country through quote, incredibly challenging times, but there's more heavy lifting ahead.
00:01:46
Some businesses challenging her plans for a hard Brexit, calling on May to put the economy first and retain access to the single market.