of alfred nobel's will family in mind. the norwegian nobel committee sees a bit of credit as the person who in the preceding yeah has done the most to o the service. the nobel peace prize for twenty nineteen. abi ahmed who was elected prime minister in april twenty eighteen was chosen specificallyly for his decisive initiative to reresolve the border conflict with neighboring eritrea. under ahmed's premiership the two historic full signed a landmark peace agreement to restore relations in july twenty eighteen. the deal ended two decades of what was called the no peace no war still meet provoked by a bloody border war between nineteen ninety eight and two thousand. ethiopian prime minister is credited with establishing the principles on which the agreement was drafted. but the forty three year olds achievements don't stop there the african continent's youngest leader abi ahmed has also launched a movie fuel p. as most ambitious liberalization reforms in the country's history. in less than two o years in office the prime mini

with the provision of alfred nobel's will firmly in mind in the region nobel committee sees me as the person who in the preceding yeah has done the most to discern the nobel peace prize for 29 teams. thank you very much for your attention. and you are watching live coverage of the of the else 1st taking place in also today of the peace prize the nobel peace prize for 29 teams with me in the studio is peter craven peter craven what do you make of the us i think it's a great time congress model of muslims to good news story for africa and it's very you know we have an african one last year in the south of the prize went to dennys movement from the congo as you mentioned earlier and now we've got another african women very much deserves it he's been instrumental as we have we should just mention his name of course but the ethiopian prime minister has been awarded the prize just so we're all clear about the ordered for his contribution to peace an international call cooperation that's actually reaching out to neighboring eritrea and that's very important because in recent years very often

but what's different briefly if you can well so it's not one of the prizes that were set out by alfred nobel in his will when he died some 120 years ago the economics prize was set up 50 years ago this year by the swedish central bank says it's a bit different in that risk. there are members of the economic community that say it shouldn't exist because it's not a science and the theories that suddenly get this huge amount of attention i'm not precise enough but then again there are economists all around the world who are working very hard in the hope of winning this nobel prize reports thank you very much thank the chinese network supplier huawei is allowed to supply components for a new 5 g. mobile network in germany that's according to a paper from german regulators leaks to the humble splot newspaper several countries including the u.s. japan and australia imposed blocks on while they fear that mobile phone components from who are way could be used for a sphere not by the chinese government germany also initially discussed a clause that would block 12 ways access to the german market. and

with the provision of alfred nobel's will firmly in mind the norwegian nobel committee sees our med as the person who in the preceding year has done the most to serve the nobel peace prize for $29.00 teams. thank you very much for your attention. right now. the perhaps the most eagerly awaited award from the nobel committee is the peace prize it has gone to the prime minister $28.00 teams when he came to power and the nobel chairman there outlining that the award has been bestowed upon him primarily because of his efforts towards peace making peace with eritrea neighboring eritrea we can speak to our correspondent now robyn kriel who is in the capital addis ababa he's ever since he burst onto the scene robyn his name was immediately put in the frame as being a possible recipient of the nobel peace prize and now is garcia any kind of reaction as yet. it will surprise but not shock i think a lot of if the europeans really you see primus med's picture in the backs of taxicabs you see a lot more at the national flags he really has brought that nationalistic that inclusive which the nobel p

call it i mean it's official name is the bank of sweden prize for economics sciences in memory of alfred nobel because this is not one of the original nobel prizes set out by africa nevel in his will some 120 years ago was invented by the. swedish central bank 50 years ago but since then it has driven a lot of economists to make some key breakthroughs that have changed the ways in which we approach global money policy what's thank you. spain supreme court has sentenced 9 catalan leaders to up to 13 years in prison for their role in a failed independence referendum back in 2017 they were part of a group of separatist leaders who organized the vote to declare spain's northeastern catalonia region as an independent state the referendum passed with a majority vote but the central spanish government deemed it illegal bringing journalists even bergen who is joining us from barcelona so what's been the reaction to this verdict i think the reaction or most people are appalled although. the population supported the president of iraq from the. leaders say such incredibly bitter kone and charges people a

older than that well actually the economics prize is not one of the original prizes set out by alfred nobel in his in his will some 120 years ago this one was actually invented by the swedish central bank 50 years ago in 1989 when they had to tout for the 1st time over the 50 years since including these 3 we've had 84 windows it's been handed out 51 times but you know as in this case sometimes it's joint before today there had only been one woman in that entire field now we have 2 women still only around one in 40 women is being a woman but it is another one in a field in a field in general which is dominated by men rob what's from detainee this this filling us in on this year's winners and the overall prize in general thank you so much. turkish president ratchet has indicated that his country's troops are ready to launch an assault on the city of man bridge which is held by syrian kurds turkish media reports say that the country's forces were preparing for an operation on members and were positioned at the city's edge having pushed into the area in the last 24 hours president carter one ad

. >> it's from -- alfred nobel knew not to make an economics nobel prize.st picture. >> it's beginning. how long is this going to go on? two weeks until the prize comes out and another week afterwards we're going to -- joe, what you're missing is the incredible benefit that economics brings to society in terms of making critical choices and figuring out the right things to do. >> don't you want a nobel prize for how -- >> your check is in the mail, steve. thank you. >> you guys. you should have done something else something worthwhile with your lives. >> like tv anchor? >> touche. >> you do both. >> i do both useless in both regards. on the one hand and on the other hand >> all right coming up when we return, a different take on the economy from the viewpoint of an american homeowner quicken loans ceo jay farner is going to join us to talk about the u.s. mortgage demand and what this year's drop in interest rates has meant for the stakeholders and more. stay tuned, you're watching "squawk" on cnbc without the constraints of a full time job? you can grow you

governor is with us there is this riksbank prize in honor of alfred nobel. u in the process of selecting the nobel prize winner? stefan: that would probably not work. this is completely handled by the royal academy of sciences. we put up our money. tom: bring us up to speed on what madame lagarde's biggest challenge will be. you were on the sidelines, removed from the ecb. what will be the challenge for the new president. stefan: ed is not really for me to pass judgment -- it is not really for me to pass judgment, but monetary policy come at the macro picture, and they have to pass on that side. struggling through various issues with the european banking sector, because the european banking sector has a hard time restructuring itself. that has been going on for more than 10 years or so. francine: there is a huge debate about the interplay between monetary policy. how difficult is it to be a central banker? iefan: hard to tell because have not been a central banker during a different age. when we are discussing the macro picture, we are discussing a serious re