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EU leaders agree Brexit delay plan

EU leaders have agreed on a plan to delay the Article 50 process, postponing Brexit beyond 29 March.

EU leaders have agreed on a plan to delay the Article 50 process, postponing Brexit beyond 29 March. The UK will be offered a delay until 22 May, if MPs approve the withdrawal deal negotiated with the EU next week. If they do not, the EU will back a shorter delay until 12 April. We hear from Dr. Dominic Ponattu, a specialist on growth, productivity and innovation in the EU single market. He's produced a report for the German organisation Bertelsmann Stiftung, which concludes that Brexit will cost EU citizens up to $45bn per year.

Also in the show, former Brazilian President Michel Temer has been arrested in SΓ£o Paulo as part of a massive corruption investigation. The Βι¶ΉΤΌΕΔ's Daniel Gallas has the latest.

Shares in Levi Strauss were flying off the shelves as the blue jeans company made its return to the stock market. The price shot higher immediately after Wall Street opened, and closed up 31.8%, valuing the company at $8.7bn. The Βι¶ΉΤΌΕΔ's Michelle Fleury spoke to the CEO Chip Bergh on the trading floor of the New York Stock Exchange.

A number of wealthy Americans, including actresses Felicity Huffman and Lori Loughlin, have been charged in a US college cheating scam to get their children into top US universities. Kay Hymowitz at Vanity Fair and Sahil Desai at The Atlantic join to discuss their coverage of the scandal.

And finally, rapper Jay-Z's sixth album, The Blueprint, has been added to a list of "culturally, historically, or aesthetically important" recordings in the American Library of Congress collection known as the National Recording Registry. Empire Distribution's Justin Hunte joins to discuss the significance of the album and what the selection means for recognition of hip-hop as an at form.

All through the show we'll be joined by Fresh Dialogues host Alison Van Digglen from San Francisco and Stephanie Studer, China Business correspondent for The Economist, from Shanghai.

(Picture: British Prime Minister Theresa May speaks to the media at the end of the first of a two-day summit of European Union leaders on March 21, 2019 in Brussels, Belgium. Picture credit: Sean Gallup/Getty Images)

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53 minutes

Last on

Fri 22 Mar 2019 01:06GMT

Broadcast

  • Fri 22 Mar 2019 01:06GMT

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