europe and the u.s.'s partnership has shown value and efficiency in the joint reaction to the war in ukraine and our -- since day one and so arms transfer. of course, the european continent has been a wake-up call for all of us. all of our member states realize the need to invest more and better in our common defense and to take more responsibility in meeting europe's security needs. and our strategy compass -- our, let's say, new e.u. defense doctrine. what we do at the european level to ship out ukraine i think deserves probably more attention. i should say definitely unprecedented. the total of more than $50 billion of aid already sent out of which $11 billion are weapons. an additional now $19 billion approved for this year 2023. europe is definitely a key player for ukraine and we'll continue to do this, of course. but let me reassure you. a stronger defense means a stronger nato which will remain, as you heard, of europe's security. so moving forward and becoming a security provider for the continen

more to europe? joining us now, simon and justine. in the united states the argument has gone from the dead going basically hiking and holding and then cutting. the credit crisis, potentially headed for a credit crunch, meaning the markets can take up a little bit. going from hikes to cuts. if europe doesn't have the same credit crunch, do we go from hikes to cuts or do we go to hikes, hold for longer and cut later? and if so, what are the european assets held in that? simon: a very good question that i think will be influenced by what the fed does. europe is behind the curve with a sticky inflation problem. you are discussing core cpi problem -- numbers but they haven't done as much as the fed so far. they are more likely to go to hold rates slightly longer than the fed might and they will not return quite as fast. but that is just because they are at a lower rate to begin with. europe, a lot of the optimism lately has been based on soft data. we just had pmi numbers. they could vanish quite quickly

i'm talking about the war in europe. and i think here again, another very important to replace the tradition was if not broken, then totally rejected. and i'm talking about this notion of the european balance of power or balance of security. because europe, as we all know, has, has had many wars. but one of the results of that war is a certain diplomatic and international relations culture. dot is rooted in the balance of interest in the power balance of power and for a long time it was respected. and, you know, one could argue that the long piece that i mentioned in the beginning was also a result of that. but this tradition seems to be fully rejected in the case of ukraine, because no russia, security interest i even taken into consideration and haven't been taken for quite some time. and secondly, the europeans have, we put our old there, you know, security sensibilities in the american basket. why would it happen to europe that has been tried and tested by war so many for so for such a long time? well, the sad fact i

so c o g, so well developed across europe. i mean there is a department, the facility in any major university. why is it not taken as a practical consideration and why is it always discussed within the framework of ethnicity or skin color? where's you know, traditions they do have certain and very practical value for ensuring stable and comfortable lives? well, you've put my point very clearly. i need deliberate on it. i think a society can be stabilized by very great rapid changes will so in the sphere of immigration. now, why isn't this perfectly sensible view, which was commonplace in europe until about 30 years ago? nowadays, ostracized is some kind of al tries the xenophobic view. now the reason for this. ringback seems to be quite clear because the kind of liberal agenda we see in the west now is not merely reason based, but it's kind of crazy. i religious creed and they are trying to crowd out all sorts of realistic practical objections. so that vision of creating a kind of city on the hill on earth ok can ask about one

that's where europe comes into, into the game. so either we stop, you know, the, are establishing the disturb leasing situation is in those countries. so we do not react, but we act from the beginning. that is also part of the responsibility, not only taking refugees, but also to really tackle the issues people are forcing to leave their homes. so these a broader range of responsibilities, ventilator that's long been a mantra, including of german development policies. we, you know, we have to reach out and try to fix those long term push factors as, as they're often called. but that's a long term. that's a long term matter. and what we're seeing here is short term pressure, short term desperation. i mean, as a long term project, i think it's still good, of course, and it's, it's, it's the right way of thinking about it. but, but we are dealing with our short term crisis and we need solutions now. and what governments are doing at the moment, including the recent agreement between britain and france, and i think i will talk about t

and this europe is worth defending this europe is worth improving and expanding. now, more than ever it's been timothy. got mr. long. i am grateful to timothy. got in ash that as a historian, he is trying to explain what the most important thing is about you. because we often overlook this as we look for practical compromises in everyday life, in lieu of the, in the face of war and a climate change. it's also about europe itself. it's about liberty. it is about democracy's security prosperity, good opportunities and decent work, or in order net 0, climate future for every one in europe. 64 angel. these are objectives that the german government is pursuing as well. hm. with feel new york and we share them with millions of other citizens in our country. part of it's not about not for tall and as nostalgia, and looking back to the good old days when supposedly everything was better. know now it is about to tackling the situation we have now so that we can have good times ahead in germany and in europe as a home was forgotten, leon, good slices, mister past year has s

good afternoon in europe and all over the world. think you two are in person audience here at our clambake council headquarters in washington d.c.. i am fred kemp ceo pay plan account since my privilege to welcome into the atlantic council special event as long as it takes your opinion is support for ukraine and this is three days after the anniversary of putin's criminal unprovoked war in' ukraine. our speakers will be ambassador stravros lambrinidis investor the european union union ambassador oksana markarova representing the swedish eu presidency ms. ingrid ask and then the moderator is ryan heath ofco politico. i also want to draw attention perfectly to people who aren't in this amazing in person audience to the virtual audience we have ambassadors in the room from luxembourg, from spain and the czech republic from the slovak republic from denmark and the european union. and from ukraine bulgaria lithuania latvia croatia and we have representatives from almost every european union. it's a real show of support on this anniversar

w. migration to europe is once again surging. you authorities reported a $133000.00 irregular border crossings last year. the highest number since 2016. most of those fling seek to come by see 2 recent shipwrecks in the mediterranean attests to the peril they face the deaths and provoked harsh criticism of europe's broken policy. yet some leaders want to crack down harder. the u. k, for example, will pay france more than half a 1000000000 euros to stop illegal crossings of the english channel. yet at the same time, countries facing urban, urgent labor shortages like germany, want to create more legal pathways for skilled migrants. so we're asking destination europe can migration the controlled with hello and welcome to, to the point. it is a pleasure to greet our guests. gerald now is founding chairman of the european stability initiative, e. s. i make on and messina is head of the migration and diversity department at germany's high english. both foundation and vent alina fundraiser is european business and finance. corresponden

that is implied that europe is superior. whether you're religious or secular in europe, your is. so even even the religion that you don't accept is somehow superior to all those other religions that you don't accept if you get what i'm trying to say. so the experience of the church in latin america, the experience of as far as in different parts of the world are different the different sacks of different use. so each different societies and communities have to make their own judgment. but what i can say is that in the case of iran, we have a country where before the revolution overwhelmingly, people were impoverished. before the revolution, most of the country did not have electricity. they didn't have running water. and they didn't have national cuz they didn't have a nationwide health care networks and the list goes on. now we have universal education villages. they have primary health care services in the country based upon that religious ideology, despite all the sanctions, despite the wars that have been imposed upon it is remained independent and even under the sanctions ha

to these and larger spit out of this plant in particular will stay in europe. but of course, future plans will increasingly go to the usa afterwards. partly, or even completely due to the program figures or homes. that's because the new $1000000000.00 subsidies in the us now make it particularly attractive to produce green technology there, including solar cells. robert geyser has already traveled there to make contacts and deliver his machines. as maxine balls has a mechanical engineer, you say fine, so the project will take place somewhere else. as long as you're involved somehow, ah, but when i see this personally as a european, these investments are needed in europe and have now been cancelled by investors and manufacturers and are being relocated to the usa wouldn't been in the was awful lot of like him many entrepreneurs are hoping for solar boom in europe, seeing it as a technology of the future to help mitigate the climate crisis. time is of the essence. we have no not, we only have 20 to 30 years left, then there's no going back on the seo to issue. we

so strength in europe against not just against russia, but mainly to keep europe apart from russia. because it h, as soon saw that there is a potential of cooperation because they're in the same continent after all, economic corporation, political corporation, between germany, france, and russia. and once this continent unites economically, politically, that's the end of the u. s. supremacy in the new world order built after the 2nd will work through the united states have, has had its troops and military bases in europe to can russia europe far away from each other. although there has been some beneficial corporation energy trade out with germany. there was some corporation and trade with friends and many other european nations. but even when the american troops present here in europe, there were certain limits to how far in the united states with push. and one could argue that it all changed in ukraine because for some reason, when it came to ukraine, somewhere around 20132014. and definitely a around the early 2020, the united states decided that, you know, those red lines. no lo

i'm glad that the focus today is on europe. ukraine belongs to europe. we are looking ahead to the path. for sweden, this is the backdrop. it permeates everything we do. i totally agree with the ambassadors. this is existential for not only ukraine, but also for europe as a whole and for our european identity. what kind of union we want to be, how we see our future, how we are handling it. our role, is to contribute to that unity among member states. i think it has been extraordinary, the unity we have shown, imposing sanctions. we probably surprised president putin. we might've surprised even our american colleagues. in such conference of ways. but, i also want to bring up, this is about our own identity. this is an important task to mitigate the global repercussions of this when it comes to food security and energy. ryan: you have to have two parallels, two arguments? >> true. ryan: how does that feel in ukraine? you're closer than ever to the eu, but still a long way from membership. can you talk about the tension? great success over the past year, bu

why would it happen to europe that has been tried and tested by war? so many for so for such a long time. well, the sad fact is that the large, the last great european wall is now what is it's nearly a, it was happened 80 years ago. my mother experienced it as a child and the last thing she would have a one is a not a war. and her ration for the most part is past due to a boy. but most europeans, dom, i gotta go now and we've seen significant changes in new patient system where history often starts in the post war era. so much is forgotten. i think that is one reason. secondly, i think you are slightly misrepresenting the tradition of realism and european thinking. i agree, it's very important tradition, but because you're dominated intellectually for several centuries, practically, or other traditions of liberal of international relations also originate in europe. so if you take a manual and he was the 1st to introduce the notion of the league of nations, this is a more ideal regarding tradition in european international relations thinking. so the rea

if we talk about the family being under attack, the epicenter of this is, is in europe that in europe, that the governments, they don't want you to get married and they are anti children. you are supposed to be gay, or you are supposed to be diverse. we are building armies in all the major cities across the world to fight, to speak out, and to witness that who was taken up by conservative christians in russia, gene to make common cause with the west's moral crusaders. so we set out to investigate this movement of european conservative moral activists and traced them millions of euros, roubles, and dollars, which has helped fund it's moral crusade. the places where this comes from 3 main geographic sources. first of them is united states accounting for just over 80000000. second force is the russian federation, about a 188000000. and then the 3rd source is europe itself. 437000000. our journey began in a european country seen by the conservative right, is showing the way forward. poland has a near tinker bad on abortion, and those who defy that ban. ms. kim prism it under strict state

when the war in syria brought them to europe, ms.a merkel said, ok, we will manage, we will take them. let's take it in germany in order to understand how tiny the problem of refugees fleeing through belarus to europe is, let's look at the latest figures according to the british ministry of internal affairs in the twenty-first almost 37,000 refugees arrived in their country in 2010, most of them across the english channel , the french minister of the interior stated that in the twenty-first year, thousands of refugees at the peak of crises on the belarusian-polish border. there were only about three thousand people, these figures are eloquent. they say that our country is not the main problem of illegal migration. so how can you justify such cruelty of the polish lithuanian and latvian security forces, its calcium. there is an activation here. we may die there. we run from war, from killing, from violence. we won't go back there never. i'd rather die, let them kill me here. here. it's still better than going back to syria we don't wa

into europe. in 2015, is the current situation building toward the same kind of crisis we saw then i think in many respects, it's a very different crisis. it's the biggest refugee movement in europe since the forties. but that's largely 80% because of legally arriving ukrainian refugees. if we focus on those who arrived irregularly across the mediterranean, the numbers last year all the way from spain to italy, malta, cyprus, greece that reached europe was around 160,000. that's a high number. uh we had a lot of deaths again, 2000, but there is no comparison to do 15 when we had a million people just come to greece. what is also different is that a lot of things that have been tried, have clearly failed, closing the balkan route, austria and more applications last year of asylum than six years ago, italy, we have a far right. uh interior minister close to the former far right. interior minister salvini who talks against ngos but the people who arrived now don't come with ngo rescue boats. they com

and the same in europe, europe has been highly secular, but they destroyed libya, the, the most wealthy country in africa and turned it into a lawless land, where slaves are traded. so whether you call it religious or sexual, i think it's a, it's irrelevant it's, it's an immoral policy. it's an, a more immoral behavior. it doesn't reflect the will of europe or north america, because ordinary people are basically fed information by big business for the mass media that's controlled by powerful elite. so they really don't know what's going on yon their borders and the suppression of countries. for example, the americans have been considered the, the, the backyard of the united states. so they are all christian countries, but the united states sees them as being a subordinate to u. s. government policy. so i don't, i don't think it's, i think it's, i think there's a lot of, there's racism involved. there's some premises and all that's tribalism involved. but at the end of the day it's, it's just, it's a type of exceptionalism. now whether that exceptionalism you link it to religion, or you

to europe across the central mediterranean. why, what striving them, what we know this, this border is a deadly border, one of the deadliest borders in the world. unfortunately. and the seal, it is the pressure which pushes people to go through this hardship. and the people have the information, it's not that the people don't know the hardships they have to go through. so through the militia controlled libya, all these violence against human rights and the military and see the pushback information is there. however, the pressure people are feeling beat political be the war, beat economical, beat, the climate. so that is the pressure which push people into this dangerous situation. let me ask you about a claim that has recently been made by italy's defense minister, who says that russia, wagner mercenary group, which is active not only in ukraine, but also in some african countries, is actually weaponized migration to try to undermine and d, stabilize the you do you think that's right, we have to see the whole package, russia, n

. >> the countdown to the close is on in europe. this is bloomberg markets: european close with guy johnson and alix steel. >> euro docs are trading at 600. it is down .16%. we are in earnings season. we have come to the end of it. 94% of market cap in your. it is all reported, and generally, with relative expectations hasn't been bad. we are going to delve into why and what it means in a moment. at the front end of the u.k. curve, we are still on officer yields. we are tracking higher, but singers -- single stocks have been important. aviation is one of those back stocks. it is a pipe 11% today. this is how they make the rafael fighter jet. basically, defense companies are doing quite well at the moment. you see dad after today -- day after day, the systems front and center. they are having a good earnings season. what about the rest of it, we will discuss that in a moment. >> let's enter the market. we are talking about jobless claims rising over 200,000. the highest level since october, but we are still historically low in the s&

and europe when it comes to real estate.t seems that in the u.s., in some areas, interestingly, earlier you showed to be areas for immigration. also, that means there is a lot of people leaving certain areas. i guess this is new york that has suffered from the move for instance, to florida. and also areas where we see that the tech sector is not so much in favor, northern california. it has been somewhat in decline. there is too much commercial real estate, specifically office space. that seems to be regional to the u.s. we haven't seen an overbuild of commercial real estate in europe. there are issues with the real estate market with respect to governments, interconnectedness of some of the institutions where arm's-length transactions are a little questionable. those are completely different concerns. we see the real estate sector as something of an acquired taste. you need to look very carefully in what you invest in and which company you are supporting, because there are issues on both sides. but for people who are willin

benefit of the entire block and people of europe. to day though, where's the voice of reason in europe? well hungarian prime minister, victor r bon, is still trying to draw attention to the fact that europe's role as a peacemaker has pretty much gone out the window with the confidence in ukraine, the ones that the number of countries supporting peace instead of war has not increased at all, people want peace, while e u leaders are taking a pro war stance for them. the main issue continues to be deciding which weapons to send to ukraine. it is slowly becoming a legitimate question among e u. leaders, whether e u. member states could send peacekeeping troops to ukraine in some form. not only is the abdicating its role of honest broker or mediator between the west and east, but it's joining washington and conveniently, exploiting the conflict in ukraine in which it keeps saying that it isn't directly involved to write a blank shack for its own military industrial complex as suggested recently by the blocks chief diplomat use of brow, eu

hello and welcome to focus on europe. it is nice to have you here with us. desperation is driving more and more people to europe with many attempting to reach the continent via the dangerous.

washington undertook to deploy missiles to europe.ershing two are magicians, but in the eighties, when detente began and an agreement was signed on the elimination of medium-range short-range missiles, the number of charges began to decrease in the two thousandth and there were already about 500 of them stopped. less and less. the us is not officially confirm, but face the presence of nuclear weapons in europe, it is officially known that trider missiles are on british nuclear submarines. however, in 2019, nato accidentally shared a document that later disappeared from public access. the canadian senator in the report openly named the number of nuclear charges, according to according to this data , there are about 150 of them in europe and they are still stored in belgium, germany, the netherlands, italy and turkey. well, if we talk about the feasibility of the strategy, one can argue here, but how would the strategic plan be the americans held back in this way, but how they represented. a conflict with the soviet union could develop,

against europe? a short-term we basically have the closeted -- been positive on europe for quite a few months and we kind of hit pause on the in the short term as we digest the situation. if we go out a little bit further i think the answer is probably yes. look at the pmi's it came out last week and we are still very solid. we see less earnings risk in europe and significantly less valuation risk in europe. i think a problem within the global financial sector always makes people pause for thought when it comes to europe. we digest that. as you say going forward i do think that there are potentially more issues in the u.s. banking sector than the european banking sector. guy: it is always great to show up. we appreciate it. that is the chief european equity strategist. talking with european equities, it will take hire during the altar and outgoing port session highs here in europe. these are the final numbers, up over a percent for most of these main markets. it is interesting to see the property sec

well, that is europe. you say europe, yes, the economy is money liquid gels. boss , please, i don’t really agree with this thesis, what does it mean, uh, capital decides everything, a and in this situation, no, because in xx century. we were witnesses of the fact that wars started, but just, and contrary to the wishes of the same capital, uh, and uh, and unfortunately, they ended, and not very well for those who, in general, ruled. well, the same germany was destroyed the same, but the same industry and banking, 7 and that's it. affected. well, that's not the point. eh, now it’s interesting, there is a fact, but the industry has suffered monstrously in practice. and all, but not quite some of them. so to speak, the elements of industry, the americans preferred not to bomb in force. there is a whole row of birds, naturally, it is not used to its advantage. well, that's not the point. but the fact is that now we are more likely to observe that they are trying to make something like a besieged fortress out of europe, and there is such a term for military military

in other words, at the e u. subsidy so far are insufficient to attract investors to europe. meaning the continent is lagging hopelessly behind the year where now quite late. europe's perhaps the last major industrial location in the world to get on board. so we can learn from what other countries are doing, what have they done well to ramp up industry there before. it's hoped that could trigger a new boom and european green technology, which robert kaiser thinks will lead to more customers closer to home and secure jobs. you're going all we need customers in partners, especially in europe with whom we can work together to supply them the next generation of equipment and develop accordingly. by living, he fears that without quickened and bureaucratic help, europe will once again become dependent on other countries for a key technology of the future. earlier i had a chance to speak with simona mina. she's president of the american chamber of commerce in germany. and i asked her if american firms were rethinking coming to europe because of the new incentives back home. ellison,

the seems to be a major issue amongst firms here in germany, across europe. as prices have risen because the war they may be here for increasing market share for other reasons. but that has to be hard for many of these companies . it definitely is a burden. the cost of energy were high already be full, we have the crisis, and now they, they went up. but we also see in the world markets that energy prices is going down again. and to most of the companies are assuming that is the question for 2 to 3 years. and then we are able to build up on renewables and then it will be cheaper as big investments are calculated for more than 3 years. so thinking about long term 10 years, then they are saying we can weather that. but of course it is a huge burden at the mom or there was some on a minute. she's president of the american chamber of commerce in germany. now to some of the other little business stories making headlines, u. s. investment firm g, q, g has thrown billionaire golf. huh. donnie, a lifeline company says it's investing $1870000000.00 into for of a donnie

that's going into direction for kind of northern europe, western central europe, it's a bit more complex and the less clear. ok, so she'll be be adapting to that dryer future. not absolutely. funding by climate scientists with stress that we need to adopt things have already changed. the world is already $1.00 degrees hotter than it was before we started. but it was a fossil fuels that being said, that isn't or even think of the time it's already changed so we can just stop trying to do anything for the economy. we need to do. but yes, yes. so, and we're talking about planting different crops, building our apartments differently, the whole 9 yards. everything changing the way we live alive, training food, we eat, changing the places we go, the way we get to work and everything. if you're living through heat waves, if there's not enough water, if rivers are running dry, it stretches across all the possible things that are kind of hard to imagine. so if you've got a nuclear power plant, for instance, that needs be cooled with water normally from a river or a lake or something nearby. and w

we see period's of strikes in europe.me ways, these strikes reflect one thing which i could argue is a strength. the employment market is strong. the labor market is strong. employees want higher wages. that means potentially a squeeze in margins. certainly things like strikes, protests, what off investment longer-term. if partly a function of the fact the economy has grown well and has a lot of demand. alix: fair enough. if we see an impact from this in terms of equity prices, etc., do you buy it? is europe as attractive as it was three months ago? sharon: look, i feel equities globally are bifurcated. you've got the u.s. equity market above average. you've got tech companies, longer-term higher growth. in europe, the valuation is still inexpensive. about 12 times pe, even if you compare your incentivized sector in the u.s., there are lots of reasons for that. one of the reasons is this less flexible labor markets, higher wages, protests, etc. less regulation as far as company is concerned. all those things give you long