american states who prepared the situation so we got caught up in the momentum of it germany and europe perhaps the u.s. as well has not really affected their ability germany's ability to influence the situation on the ground in trying to resolve this conflict the conflict is long it started nearly fifteen years ago we have demonstrations many for station since nearly fifteen years and it's very complicated because who are the partners for a dialogue everybody wants a dialogue specially in the european union but brazil don't accept the opposition and they don't accept. he says this is a young man very primitive what to whom when i talk to. this new face did not have the real power and this marks a situation until now and specially if i'm. resigning but it doesn't look. has any intention to resign and we don't know if the military men are interested in not over to resign because a little bit he does the job for them. nicolas vast professor of political science at the university of all stripes joining us here in our studio thank you very much thanks to you. now german chancellor angela merkel is on a thr

u.s. and russia for who germany will purchase that natural gas from so this is i think a pretty big. and for russia at the moment and certainly the u.s. is stepping in because they want that now to gas going to europe and germany is one of your biggest buyers so i think god be keeping a very close eye on this but right now natural gas itself has been assured and i continue to stay pretty bearish on it. currencies and features expert at simpler trading thank you so much for your time thank you. to the surprise of some boeing seven thirty seven maxwell's are not lifting europe's air bus and the airplane manufacturers fight for market share and air with the latest scandalous revelation that boeing engineers knew of the seven thirty seven max aircrafts safety risks long before tragedy struck their boss continues to muddle through he said by internal problems and unable to maximize on their rivals astounding run of bad press with more than held it in toronto. alex let's start with the boeing situation what's the latest we're hearing about the some thirty seven max in the aftermath of these

when it comes to this pipeline and the relationship russia has with germany we are in the u.s. looking at very high natural gas exports possibilities i germany would be a huge client a huge win for the u.s. but right now there's definitely this battle happening between the u.s. and russia for who germany will purchase that natural gas from so this is i think a pretty big win for russia at the moment and certainly the u.s. is stepping in because they want that now to gas going to europe and germany is one of your biggest buyers so i think gobby keeping a very close eye on this but right now natural gas itself has been a short and i continue to stay pretty bearish on it. currencies and features expert at simpler trading thank you so much for your time. thank you. to the surprise of some boeing seven thirty seven maxwell's are not lifting europe's arab bus and the airplane manufacturers fight for market share in the air with the latest scandalous revelation the boeing engineers knew of the seven thirty seven max aircrafts safety risks long before tragedy struck their boss continues

american states who prepared the situation so we got caught up in the momentum of it germany and europe perhaps the u.s. as well has that really affected their ability germany's ability to influence the situation on the ground in trying to resolve this conflict the conflict is. on it started nearly fifteen years ago we have demonstrations manifestations since nearly fifteen years and it's very complicated because who are the partners for a dialogue everybody wants a dialogue special in the european union but the president maduro don't accept the opposition and they don't accept. oh he says this is a young man very primitive what to whom when i talk to. this new face did not have the real power and this marks a situation until now and specially until the first of may yesterday but what about engaging russia in dialogue because we can't forget that russia is a big supporter still of the mother government yeah but you know the russian influence was not very high in venezuela russia has some interests now in the oil business it has even some military men they are not very much they are new players i sink t

core rates in the u.s., germany, and elsewhere. is there room for another move higher, yields lower in the price months gershon: doesn't matter when you get a shock. if we get 10% down in the s&p, we will go very negative in a 10-year as the market prices in the fed cutting rates. jonathan: the reason i ask, there is is immense faith in this market. risk assets rising that idea in. core government bond did not price of a global slowdown. in fact, they were pricing in one. i'm trying to work out how much is for yields go lower. maybe price does not matter if we get a shock. fedy: the point is that the 's bar to raise or uses extremely high right now. real demand in gdp was soft. european data surprising on the upside. france and germany having positive fiscal impulse. my gut is that you will start to see rates up a little bit and ease pressure on the fed. i think that is the more likely outcome. if you are buying into a long core rate story right now, you need to be confident that we are going to have a shock. on not quite sure we a

i want to talk about core rates in the u.s., germany, and elsewhere.o you think there room for another move higher, yields lower in the coming months? gershon: recent history shows price doesn't matter when you get a shock. if we get 10% down in the s&p, we will go very negative in the 10-year as the market prices in the fed cutting rates. jonathan: the reason i ask, there is immense faith in this market. in the second half, things stabilize globally. risk assets pricing that idea in. core government bonds did not price in a global slowdown. in fact, they were pricing in one. i'm trying to work out how much space is therefore yields to go lower. maybe price does not matter if we get a shock. henry: that is a fantastic point, but the point is that the fed's bar to raise or lower is ease is extremely high right now. real demand in gdp was soft. european data surprising on the upside. france, germany starting to have positive fiscal impulse. my gut more than anything is that you will start to see rates up a little bit and ease pressure on the fed. i think

i want to talk about core rates in the u.s., germany, and elsewhere.o you think theres room for another move higher, yields lower in the coming months? gershon: recent history shows price doesn't matter when you get a shock. if we get 10% down in the s&p, we will go very negative in the bunds and bones -- in we will have the market pricing in the fed cutting rates. jonathan: the reason i ask, there is immense faith in this market. in the second half, things stabilize globally. risk assets pricing that idea in worldwide. but core government bonds did not price in a global slowdown. in fact, they were pricing in in simultaneously, henry. i'm trying to work out how much space is therefore yields to go -- is there for yields to go lower? maybe price does not matter if we get a shock. henry: that is a fantastic point, but the point is that the fed's bar to raise or ease is extremely high right now. real final demand in gdp was very soft. european data, surprising on the upside. france, germany starting to have positive fiscal impulse. my guts, more than any

and maicon pale was warning of consequences and that is important because of how much germany really depends on u.s. intelligence right. that's absolutely true germany is very dependent on u.s. intelligence we can all remember back a few years when it was revealed that the u.s. had been essentially using its intelligence powers to sweep german telephone calls that it had even listened to the mobile telephone of the chancellor and there was much shock in germany about that and at the same time a recognition that germany is deeply dependent on the u.s. both the iran issue and this issue of huawei indicate how important it is for the european countries to work together on the goal that they have set for themselves but so far have not made a lot of concrete progress in achieving namely of a stablish in a common intelligence and foreign policy and security position that will allow them to act as a united force and that is clearly crucial at a time when the transatlantic divisions are so deep and linda it comes at a time where we saw the german chancellor angela merkel of delivering a commencement addres

doesn't think germany spending enough and also the question of a while why the chinese telecoms company u.s. is very worried about the idea that that company be involved in telecoms or the internet provision in europe including in germany. i think they're probably also going to talk about the nord stream to gas pipeline project between russia and germany because the u.s. has been threatening sanctions against germany and other countries over that so that's that's that's a key source of conflict point and i think they'll also be talking about iran of course where this is a huge difference over what's the best way to pressure the iranian regime to. steer away from nuclear weapons that of course is the issue. in part the issue that caused pompei ot cancel is his planned visit 3 weeks ago he had to rush off and deal with issues in iraq and and iran in the region. you know he's finally got here but there's a lot for them to talk about exactly we'll continue our conversation in just a bit silent but 1st will be chelsea america in just a few hours time and she has just returned from the united sta

i want to talk about core rates in the u.s., germany, and elsewhere.s there room for another move higher, yields lower in the coming months? gershon: history or reason shows price doesn't matter when you get a shock. if we get 10% down in the s&p, we will go very negative in the 10 year in bunds and it will be closer to 10% as the market prices in the fed cutting rates. jonathan: the reason i ask, there is immense faith in this market. in the second half, that things stabilize globally. risk asset pricing that idea in. core government bonds did not price in a global slowdown. in fact, they were pricing in one. i'm trying to work out how much space is there for yields go lower. maybe price does not matter if we get a shock. henry: that is a fantastic the point. point is that the fed's bar to raise or lower is extremely high right now. real demand in gdp was soft. european data surprising on the upside. france and germany having positive fiscal impulse. my gut is that you will start to see rates move up a little bit and ease pressure on the fed. i think

u.s. wasn't busy allowed due to environmental laws america would actually export garbage to china but now china has said no more garbage and that's causing a lot of problems i mentioned germany a moment ago it's clearly not a veldt developing nation and yet it apparently slaps u.s. manufactured cars a 25 percent tariff versus the 2 that happen tariff we place on german made cars is this just us oligarchs trading their short term gains for our long term losses than the whole concept of free trade in barbados for years it doesn't really exist . it's an ideology you know it's a good idea out of you if everybody following it but at in the reality is nobody following it and if you look at germany as you mentioned in particular that is a very it's a capitalist economy but it's a very state run capitals on any local government's own big shares in the car makers in the industrial cooling factors and all these types of companies and. they have also protect their own workers the united states and the u.k. are kind of the the market will street trade they're the ones that don't protect their workers and they sacrifice them on the ideology of free trade we actually doesn't exist right a

u.s. and germany have clashed on the number of issues in greece and funds. up next a documented prisoner of corporations from me up to touch you must buy brian thomas for have the news for you at the top of the to do join and if you can't. it's all happening to children coming. from africa the world your links to exceptional stories from discussions to no one will constitute abuse suffocating programming from foreign agenda 21 years it's easy to our website a d w it's called smash africa join us on facebook.

u.s. germany and japan each exported more than a 1000000000 kilograms of plastic waste last year and much of that ends up in the sea there's already an estimated $100000000.00 tons of the world's oceans with $8000000.00 more added every year a rolf hired his executive secretary of the basel rotterdam and stockholm conventions of the u.n. environment program and he says the deal has substantially increased global awareness about plastic pollution. all has been agreed here is actually quite historic in march that there are negotiations because one no we submitted the proposal to our men the convention and also to set up a partnership on on plastic waste and that was in september last year and i think with the with the amount of interest both from the government and also from civil society and consumers to really deal with the problem of plastics which as you know was causing a lot of environmental issues around the world with buzz ingesting plastics of animals in the recent research that we've seen that plastics is not found in our foods and is entering into our bodies i think countries whe

u.s. allies are toeing the line for example germany and the u.k. how might this pan out in terms of relations between the u.s. and those allies. well the u.s. has been pushing other countries too far away from 5 g. networks australia and japan have joined the u.s. . intelligence service. expressed concerns but the u.k. and germany have indicated that they would allow highway 12 for their 5 g. network dishes that you know really spark to us but they really have the 2 options left because they have to really keep costs low exposure for the manufacturing in germany and they also need to keep other business this way of china. i spit on china's economy professor benjamin child thank you so much for joining us on the program. and staying with the u.s. china trade war u.s. stocks took quite a tumble over the past few days due for the tit for tat tariffs imposed by beijing and washington on each other and american farmers are apparently among those losing out. the price that we could get for our so i've been has put is. close to $2.00 a bushel below breakev

u.s. and germany and the european union, they go about it in such a completely different way, as we see taking that point in case of iran where the u.s. is unafraid of actually escalating what could become a potential conflict, where is the european approach, also including the russians, interestingly, is to contain that issue, to try to give iran new opportunities, so that confrontational style, she alluded to that wall that stood in her way that stood in the way of her own development, so certainly words for a few potential leaders. sumi: there was a moment in the speech that sounded like a very pointed message to the current u.s. president where she said week -- the truth must not be identified as truth nor lies as truth. she also talked about not making snap decisions. there was a standing ovation at that moment and also some laughter among the graduates. how did you perceive that moment and perhaps the students as well? >> -- alexandra: i thought that it was meant as a reference to president trump and asked the student next to me if it was and she said yes, of course. i asked students her

we have a russian to the bond market in germany and the u.s., -- a rush into the bond market in germany as well. this is bloomberg. ♪ ♪ the japan-ification of europe. we speak about political risk and the future of u.k. prime minister theresa may. continues to go from bad to worse. we begin land o lakes president beth ford. fed ministry -- the , with no its patience need for a rate cut. david: welcome to "bloomberg daybreak." they are counting the votes over in india. big win for prime minister modi. he really beat the other party deadly. he was a reform candidate when he came in. now the theory as he will be able to push the reforms he wanted to do to the economy. alix: over the last few days it looked like he was going to win in the first place. goldman sachs now saying they are neutral on the rupee, but overweight on indian stocks. there could be some more optimism to be had, especially if something can get done. now you've really got to deliver if this is your second term. david: that's what he did when he was head of the state over there. they did a lot of progrowth, economic refor

u.s. china trade war escalating and that is not good for germany because germany is good the u.s. and china are key markets for german exports also there is the specter of for tariffs on auto imports of from auto imports from europe to the the auto explore sorry to the u.s. so there are concerns of that it's on that and that's again a hugely problematic for germany germany's a huge exporter of automobiles and it's a console in the 70 percent of the. imports to the u.s. right from the euro zone i mean of course we've seen in recent years that to germany always managed to weather the storm some how would you say it's still a safe investment. well there are certainly encouraging signs the unemployment is at record lows the wages growing and that augurs well for the domestic consumption the domestic economy is strong as you just mentioned but there is a major caveat and that is how president trump and president xi jinping of china are going to act in the next few weeks because that's going to determine german the head of the german economy ok i should touch monday there in frankfurt t

u.s. sharing security data. is germany prepared to forgo that security data too to suffer the consequences of doing business with the way well it seems so far that it is germany's own intelligence services by advise the government against doing this but the government clearly sees that 5 g. it's a competitive advantage it wants the 5 g. ways the company to provide us so it's prepared to take this chance really of souring relations with the u.s. to introduce the technology ok it's not just germany though that wants to deal with wall way there's other countries involved as well the netherlands for example that's right also britain is another come country where people were surprised about because britain and the u.s. relations are very tight particularly with bracks it coming they told that britain wouldn't go the way of huawei and it hasn't actually been confirmed yet but it looks that way. so european countries clearly see the need to to maintain good relations with china as well as get the great technology has to offer in

u.s. actions. germanyain, france, russia china, return to the negotiating table and help iran reach benefits in the field of oil and banking, iran will return to its commitments according to the nuclear deal. >> the international monetary fund announced late april it expected the iranian economy to shrink 6% in 2019. unemployment rate already at 12% could also increase, especially amongst youth. clearly, a painful time in iran for the economy. let's look at the situation, reaction from markets. they are responding to tension between the u.s. and china about a trade deal. it appears beijing is backtracking on previous commitments. reuters, chinag to went back on all aspects of a draft deal. the revelation comes as a delegation led by the vice premier goes to washington for more talks, before the new tariffs kick in friday. the news agency cited a diplomomatic cable center washington at the end of last week which showed systematic edits to the 150 page draft agreement. china deleted many commitments to chang

u.s. and iran germany is part of the 2015 nuclear agreement that the u.s. pulled out of last year european leaders have since set up a framework for trading with iran to avoid u.s. sanctions dominic kane joins us now live from berlin so what sort of message will be bringing about whether the americans are going to try and block that european system known as sticks. well the point here is something quite clearly that the americans would like to kill insects you were just saying the scheme set up by the 3 european countries that are parties to that. with iran namely france britain and germany they set it up precisely as you said if as it were to circumvent american sanctions for the problem is that although the instance agreement was set up back in january hasn't really get got underway in motion yet certainly the e.u. high high representative on foreign affairs frederica marini earlier this month was saying that the e.u. side is doing all it can to get it set up but more needs to be done so from the american side no question about it they want inspectors to

u.s. u.k. germany france china and russia lifted international sanctions which had been crippling the iranian economy but u.s. president donald trump says a deal fails to deter iran from developing ballistic missiles a year ago the united states pulled out of the deal and has reintroduced all nuclear related sanctions against iran along with other punitive measures now the german defense minister or is it off on the line says it is essential to maintain dialogue with iran and for europe to speak as one she made those comments during a panel discussion here at georgia but as studios in berlin they must understand we have to do all we can to keep talking to iran to make sure this agreement is maintained on all sides even after the united states has opted out and we have to assess these latest statements by iran together that's a first step in which europe can exercise its strength and make its joint voice her especially. so i look at for some analysis i'm joined now by cornelius on her behalf from the ge

u.s. and germany are the top markets and represent the fund's largest country weighting.d some $35 million in assets, and since launching in january 2018, it has fallen behind the s&p 500. the fund has an express ratio of 70 basis points and gets a green light in the bloomberg intelligence traffic light system with a warning for its tiered weighting system. and this is such a great theme but not the only etf that covers this. eric: ishares has drive, which is why you know that is a big one because they are getting in before having big success. scarlet: that does it for bloomberg "etf iq." be sure to catch us at 1:00 p.m. new york time. this is bloomberg. ♪ alix: trade war reignites. soybeans are driving deeper into the battle between u.s. and china as china raises tariffs on key commodities. driving into the future, electric buses and cars will take over the world faster than you think with china leading the way. the hotspots for oil. tensions flare in the persian gulf. saudi arabia confronts trouble. where is the risk for oil? ♪ alix: welcome to bloomberg "commodities ed

u.s. and germany are the top markets and represent the fund's largest country weighting.d some $35 million in assets. since launching in january 2018, it has fallen behind the s&p 500. the fund has an express ratio of 70 basis points and gets a green light in the bloomberg intelligence traffic light system, with a warning for its tiered weighting system based on market cap size. and this is such a great theme but not the only etf that covers this. eric: ishares has drive, which is why you know that is a big one because they are getting in before having big success. scarlet: that does it for bloomberg "etf iq." catches each 1:00 p.m. new york wednesday time. this is bloomberg. ♪ alix: the trade war reignites. lng and soybeans are driving deeper into the battle between u.s. and china as china raises tariffs on key commodities. driving into the future, electric buses and cars will take over the world faster than you think with china leading the way. the hotspots for oil. tensions flare in the persian gulf. saudi arabia confronts trouble in the strata for moose and a key pipe

was in europe at the time he has not been to germany and there's a sense here that this simply reflects what has become a very chilly relationship between the u.s. and germany and german politicians pointed out today look we need to work together it is very important that we address the geo political tensions in the world through cooperative and devers but that needs to be essentially a two way street both sides have to work at it right personally we're out of time all integrated in washington or here in berlin oversell or correspond in washington to both of you thank you very much. let's not we continue our series on germany twenty nineteen the big issues our correspondent keep brady has been traveling around the country to find out what's on people's minds on the latest stage takes a look at what many people here say is a health emergency the population is growing but not enough affordable housing is being built in the city of heidelberg keep met some students who have their own ideas on how to tackle that problem. for the next part of my journey i'm heading south to the historic town of haifa back in back home to germany's oldest university

u.s. politics germany's flagship plan to help the trump organization finance multiple projects to the tune of more than two billion dollars that includes trump hotels and casino resort in atlantic city the trump international hotel and tower in chicago the gulf resort in miami almost a billion dollars for a forty three story skyscraper in new york and the trump hotel in washington d.c. the congressional committee ordered deutsche bank to hand over documents saying they're a necessary part of the probe into potential foreign influence on the u.s. political process however lawyers for the trumps and the trump organization say the subpoena has no legitimate or lawful purpose. banker said it remains committed to providing the appropriate information to all authorized investigations indicating it will comply with a subpoena leading democrats say they won't be deterred by the blocking attempt. hard to talk about what might be inside the wall with the president trump i'm joined here the big table by ties barbara from the aspen institute here in berlin so we've got efforts by the u.s. congress to

u.s. and germany yes i mean there are a lot of real really serious issues that it's appears germany and europe won't be able to move beyond we have. come here secretary of state actually on friday she will meet him here with him the german foreign minister will meet with him and the over arching conflict really is over iran of the united states having decided to leave what's become known as the iran nuclear deal with now the prospect of a potential confrontation in that particular region this is goes against everything that is. europe believes in when it comes to diplomacy what would what kind of a deal should be reached to stabilize and contain potential conflicts now much more confrontational style in the united states and that's just one of the issues not to mention the threats and then withdrawn threats of. tariffs tariffs 1st it was steel then cause so a lot of issues where the united states is unafraid of playing out its national strength and that's also something that's also said would not lead to any kind of. solution when it comes to meeting those global challenges ok so it's a rocky

u.s. flag went down the chinese flag went up germany of course being more open for dialogue with china with the u.s. currently being able in a potential standoff that could lead to a much feared trade war so both sides going back all said the u.s. secretary of pompei or and herself wanted to approach those issues in a spirit of partnership they keep stressing common values but they certainly don't have a common line on those key issues right now the short term the chance for thanks very much for that for now michel. well as the u.s. secretary of state left the chinese flag went right up the talks with both of them having to do with war perhaps centering on the 5 g. network provider wall way clifford couldn't for the business desk is here to talk about that high clifford what about the timing of these 2 visits mike goes and the chinese vice president arrives yeah well it's has to be significant doesn't it it's just the fact that you know there's no coincidence is all roads seem to lead to trade these days and it looks like that's what's what they're probably talking about while way is kind o

u.s. and germany presidents trump and i would assume that she will points not to the problems but robert to the values who we share and. it's helpful to bridge gaps and stick to cold cheese alexandra phenomena in cambridge massachusetts thank you. you're watching t w news still to come on the program the mexican mothers forced to search for their own children in a country where cartels are behind in force disappearances and thousands of people families take matters into their own hands with sometimes devastating results. but 1st here in germany the u.n. secretary general antonio has also been honored with the annual charlemagne prize an award that honors those who promote european unity the jury in the west german city of often said that faced elected its head for his work in reviving global cooperation past recipients of the charlemagne prize known as the cause prize here in germany have included french president emanuel my from the german chancellor angela merkel and pope francis. that was at the ceremony and. it's antonio good tara said he and the historic city hall of that he never felt