francine: manus:-- manus: is angela merkel going on a hiring spree? should i get the cv dusted off? el's staff is looking to hire chauffeurs, drivers, household staff, as well as civil engineers. it gets at the diverging economy some data out thursday and friday last week. some muted growth in germany. elsewhere it looks grim. how greece impacts a third quarter in germany is a key question, how china fx germany is a key question. and a lot of negativity we saw in greece did not happen to the beginning of third quarter. second quarter numbers did not capture it. it does look like they will be spending a little bit more at the chancellery. francine: hans nichols in berlin. our next guest believes greek debt needs to be restructured to low rates for a long period of time. welcome to "the pulse." debt restructuring, will it happen? it will. the situation at the moment is unsustainable. something that is unsustainable comes to an end at some point. will it happen this week or next week? that is a political question for angela merkel and the european politicians. overtime, absolutely. it w

angela merkel, her first comments since coming back from vacation. terview and we saw a defensive merkel. is it is expected to pass, but at what cost? how many votes is she going to lose? she thinks the imf is going to play along and the imf has given no indication it is going to do so. chancellor merkel: with regards of extension of maturities, the room forrates, we have maneuver. just like we had in previous times, we did extend maturities. it is always possible to do something else, but there is a clear statement the eurozone cannot allow another haircut. vote will be on wednesday. she has delayed her trip to brazil so she can make the case for the vote on wednesday. this is a 26 billion dollar tranche that would be released. of praiseite a bit for her counterpart. importantly and crucially for this note, the finance minister has indicated he will support it. she is also saying she is not twisting any arms and her deputies are free to vote whichever way they want. she wants to clearly make through -- make sure this goes through. let's turn our atte

delays cannot be tolerated according to angela merkel. eu members then can take their first share of refugees. toit is indispensable register the people that come to our shores and europe. and at that moment, make the necessary distinction from those seeking asylum and those coming as migrants, which we can understand, that cannot be accepted as is. migrants arrived in greece by sea from turkey. others headed to macedonia, a country struggling to deal with the influx. migrants try to cross the border, aiming to reach western europe through the balkans. migrants hasof been a very real news story in germany the past few days. just during the course of this past weekend. early on, i spoke to our correspondent in berlin. set to beeting was about ukraine. because of recent events in protestersti-asylum clashed with the police. there were neo-nazis amongst them. angela merkel said that it was discussed adding that the protest would go on in front of refugees that had gone through so much to be there. were others that were not worthy of germany

german chancellor angela merkel is on a trip to brazil to talk business. we will look at some of the deals that could help boost that country's lagging economy. that and more in just one minute's time. stay here on dw. sarah: welcome back to dw news. our top stories. tsipras has announced his resignation and called early elections. in a televised speech, he said his mandate to govern had to be written. he is looking to silence rebellion within his far left party against the country's bailout. macedonia has declared a state of emergency in europe's growing refugee crisis. the country says it will deploy the army to turn back migrants coming in from greece. as an's have been transiting macedonia heading for western europe. international terrorists were probably not behind the bangkok bombing is the verdict of authorities in thailand as the investigation moves forward. at least 10 people were involved in the attack as they describe as carefully planned. one person turn himself in but was later released after questioning. reporter: circled in red, the images s

german chancellor angela merkel is on a trip to brazil to talk business. we will look at some of the deals that could help boost that country's lagging economy. that and more in just one minute's time. stay here on dw. sarah: welcome back to dw news. our top stories. tsipras has announced his resignation and called early elections. in a televised speech, he said his mandate to govern had to be written. he is looking to silence rebellion within his far left party against the country's bailout. macedonia has declared a state of emergency in europe's growing refugee crisis. the country says it will deploy the army to turn back migrants coming in from greece. as an's have been transiting macedonia heading for western europe. international terrorists were probably not behind the bangkok bombing is the verdict of authorities in thailand as the investigation moves forward. at least 10 people were involved in the attack as they describe as carefully planned. one person turn himself in but was later released after questioning. reporter: circled in red, the images s

it does seem that would be angela merkel's next big european challenge. anchor: thank you very much for your analysis. granting asylum takes time in germany. people wait months for their application to be processed. while they wait, german law does not permit them to work. it is a frustrating situation for refugees. more and more german politicians are beginning to realize that refugees are not a problem to be dealt with, but people with a huge potential to contribute to society. reporter: he is a doctor who has worked in hospitals and emergency wars -- boards in syria. in recent weeks he has repeatedly offered to assist the doctors here, but the authorities never responded. >> they said about the possibility of me work with them. or help them, yeah. i said ok, i'm willing to help. until now i'm waiting for their decision, yes. reporter: refugees whose papers have not been processed are not allowed to work in germany. even though doctors like him are urgently needed in the camp. 2000 people live here, partly intense. many -- tents. many get sick. in anoth

it does seem that would be angela merkel's next big european challenge. anchor: thank you very much for your analysis. granting asylum takes time in germany. people wait months for their application to be processed. while they wait, german law does not permit them to work. it is a frustrating situation for refugees. more and more german politicians are beginning to realize that refugees are not a problem to be dealt with, but people with a huge potential to contribute to society. reporter: he is a doctor who has worked in hospitals and emergency wars -- boards in syria. in recent weeks he has repeatedly offered to assist the doctors here, but the authorities never responded. >> they said about the possibility of me work with them. or help them, yeah. i said ok, i'm willing to help. until now i'm waiting for their decision, yes. reporter: refugees whose papers have not been processed are not allowed to work in germany. even though doctors like him are urgently needed in the camp. 2000 people live here, partly intense. many -- tents. many get sick. in anoth

here is what angela merkel said.he hinted that they need certainty, that there is room to expand trade, and we need reliable conditions for investments. you look at the total trade profile, the two economies when you say the european union and brazil, 21% of brazil's trade is with the eu. going in the other direction, refill is not as big or the european union. and you take a look at the other figures, about 22 billion german-brazil trade. here is the challenge, they are consumer facing economies. just take volkswagen, the world's biggest auto manufacturer. he had big plans for brazil. they had a good year, they sold about 500,000 units last year. it is down 26% this year for the first half. that is a challenge, they wanted dis there.gi they are falling short. angela merkel hinted for a free-trade agreement. caroline: the venue on the play, she was quick to make a statement about what is going on in greece commenting on the election. hans: the comment on the election actually came from dilma rousseff, saying that ang

it does not mean that angela merkel has been without criticism here. in fact, people are saying that angela merkel is responsible politically for the outcome of this, so they will ask a lot of questions to angela merkel about why this happened in the first place. brent: it certainly doesn't feel like we have seen the end of this story. pakistan has executed a man who was convicted of killing a seven-year-old boy. the punishment has unleashed a storm of protest from human rights groups and the united nations. they say he was tortured into confessing and was himself too young to face the death penalty. >> in a remote kashmiri village, family mourns. their son hanged in a pakistani jail for murdering his seven-year-old child. his family say he was just 15 at the time, and he confessed only after hours of torture. my son was innocent. he was not guilty. i'm sorry he was found guilty. he was a child, not an adult. he grew up in the jail. police extracted his confession by torturing him. our leaders have done an unjust thing. as the family waited to receive

angela merkel pledges zero tolerance anti-immigrant violence in her country. also coming up on the show, a television reporter and cameraman are killed during a live broadcast in the united states in virginia. the suspected gunman is also dead after shooting himself following a police chase. what next for the euro? in a weeklong look at the future of the eu, we will get a look at the perspective on the currency. is it helping or hurting relations? i'm sarah kelly, thank you very much for joining us. we begin with the deepening migrant crisis in europe. the people risking their lives to reach the eu and those telling them to go away. numbers keep growing. some 50 dead bodies have been found in the hall of a boat rescued off the coast of libya. they were discovered by the crew of the sweetest -- swedish ship that rescued over 400 survivors. 2400 people died this year trying to cross the mediterranean to europe. many who do reach the other side try and make their way to western europe through the balkans. hungary now says that they will send the army, police, and

angela merkel pledges zero tolerance anti-immigrant violence in her country. also coming up on the show, a television reporter and cameraman are killed during a live broadcast in the united states in virginia. the suspected gunman is also dead after shooting himself following a police chase. what next for the euro? in a weeklong look at the future of the eu, we will get a look at the perspective on the currency. is it helping or hurting relations? i'm sarah kelly, thank you very much for joining us. we begin with the deepening migrant crisis in europe. the people risking their lives to reach the eu and those telling them to go away. numbers keep growing. some 50 dead bodies have been found in the hall of a boat rescued off the coast of libya. they were discovered by the crew of the sweetest -- swedish ship that rescued over 400 survivors. 2400 people died this year trying to cross the mediterranean to europe. many who do reach the other side try and make their way to western europe through the balkans. hungary now says that they will send the army, police, and

balkan leaders are meeting with angela merkel in vienna today. the summit will largely be dominated by the migrant crisis. the german chancellor is urging european countries to come up with a strategy to deal with the influx and to prevent far right extremism from spreading. some countries have implement a tough measures to protect their borders. hungary and bulgaria are building walls to prevent migrants from flowing in. more than 100,000 people are thought to have used the balkans route this year alone, more than 10 times the number compared to last year. the blame game among the countries affected by the crisis continues. members -- so, you have a problem, but you are asking us, serbia, to come up with an action plan for migrants. you should come up with an action plan first, then ask us to come up with our plan. i have to be completely open with you on this issue because we are friends. reporter: -- claire: what can we expect from the conference? reporter: we can certainly expect all of those balkan countries to take a hard and common line on

without angela merkel, europe would be weakened even further. also with us is writer and journalist alan posener, a regular commentator for the berlin-based "die welt." angela merkel has forgotten that lesson, and as a result, he says europe is falling apart. and, it is nice to welcome back ursula weidenfeld, who has worked for a range of germany's most prestigious business publications as an editor and commentator. ursula says if people want germany to exercise power, they shouldn't grumble when it does. judy dempsey, today's debate is based on a quote from thomas mann. it goes back to the postwar period. the nobel prize-winning author said at that time, the people in germany should try and create not a german europe but a european germany. was he right? judy: that is a long time ago. a lot has changed. i think, looking back, germany became european in terms of -- through the european union, by the way. what i mean by that is that the democratic institutions became absolutely embedded. the idea of transparency, federalism, accountability, separ

angela merkel visits a refugee center in eastern germany. that is where neo-nazi protesters recently clashed with police as they refused the arrival of more migrants. the german chancellor condemned the violence and called on europe to find a strategy to deal with the influx. the worst since world war ii. for the first time, german authorities about simplify the process or asylum-seekers. refugees were no longer -- will longer be sent back to the first eu port of entry. they will be able to apply in germany itself. reporter: these migrants crossed into europe but for most, their journey is not over. many are refugees fleeing conflicts in syria and yemen. their aim, to continue on to europe in search of work and more affluent countries such as germany and sweden. the eu policy previously made this journey difficult. under the dublin regulations, the first country and asylum seeker arrived in is required to process the claimant's application. they could be returned to that country of entry if they moved to another. in thesults in countries ext

angela merkel was commenting on the magnitude of the crisis, and she said, it's going to be a biggerllenge for our societies than the greek debt crisis. nevertheless, you will have people inhe way many germany have been complaining, angela merkel hasn't so far visited one center for asylum-seekers to show her presence. how grave is that a mission? erik: there is criticism of her for that. she hasn't made any clear comments, we welcome the refugees. she had the chance with an eight-year-old refugee, and she kind of botched that one. she didn't really show compassion. a lot of germans got upset that she saw this girl crying, and she couldn't find a suitable answer. it went viral. during this refugee crisis, i think the best of germany has been there, and the worst of germany. in the spring, when a lot of refugee centers were being burned, it was amazing. a lot of foreign journalists like myself were writing about this. it's sort of the ugly germany we felt we put behind us. in the summer, there's been this huge outpouring of ordinary germans going out of their way to help refugees, put

sarah: angela merkel address this. are we going to see concrete action? >> this has nothing to do at the actual fight against smuggling. this is still to come. the possibilities are very restricted. and it is very difficult to find this. smuggling would no longer be a business model. sarah: we'll have more on the refugee crisis later.

his enemy number 1 -- angela merkel and her focus on austerity.hat is what the left wing has rebelled against. >> for a greece without rail out, without austerity, without guardians, a greece that is democratic, progressive, and at the end of the day, socialist. reporter: no more guardians from brussels. that's what they all want. unsurprisingly, a majority of people in populist strongholds tend not to trust the eu. according to the european commission, in france, 51% distrust the eu. in pajamas, spain, it's 54%. -- in podemos, spain, it's 54%. in greece, it's a whopping 73%. all of these countries are above the eu average, but that is still 46%. that is fertile ground for europe's populists, if they are from the right or the left. sarah: for more on all of this, let's bring in a transatlantic assist test transatlantic analysis and an expert in eu foreign-policy from brookings institution. thank you for joining us. we just heard about the populist movements. that's not the only threat facing the eu. there's also the migration crisis, financial cri

his enemy number 1 -- angela merkel and her focus on austerity.hat is what the left wing has rebelled against. >> for a greece without rail out, without austerity, without guardians, a greece that is democratic, progressive, and at the end of the day, socialist. reporter: no more guardians from brussels. that's what they all want. unsurprisingly, a majority of people in populist strongholds tend not to trust the eu. according to the european commission, in france, 51% distrust the eu. in pajamas, spain, it's 54%. -- in podemos, spain, it's 54%. in greece, it's a whopping 73%. all of these countries are above the eu average, but that is still 46%. that is fertile ground for europe's populists, if they are from the right or the left. sarah: for more on all of this, let's bring in a transatlantic assist test transatlantic analysis and an expert in eu foreign-policy from brookings institution. thank you for joining us. we just heard about the populist movements. that's not the only threat facing the eu. there's also the migration crisis, financial cri

still, chancellor angela merkel has previously offered banking -- has previously offered backing to him. stressed thats it would protect that chris -- provide protection. anart: it is worth estimated 25 million euros, painted back in 1906, and most important, by picasso. the head of a young woman has french customs officials over concerns it could be be permanently removed from spain. offices received the request for authorization to exported to switzerland. here is our correspondent. >> a painting worth 25 million euros, this piece is the head of the young woman, a costume masterpiece from 1906. it is estimated to be a national

don't know within the ranks of angela merkel's conservative party, saying this is the last time she can come to the aid of athens. they just said that no vote is required, and the netherlands approve the bailout. funds should now be released in time for greece to make a repayment due on thursday. >>> now, a russian court has sensed an estonian policeman for 15 years in prison for spying. arrested last september when he said i was caught in russia territory with a gun, cash, and hidden recording device. but estonia said that he was abducted at gunpoint at a border crossing. the eurean union said that the detention is illegal. >>> russian authorities have been accused of covering up the scale of an oil spill in siberia in june. environmentalists say that the government is vastly has under reported how much oil leaked as the oil companies have accused

angela merkel seems to be in the same place. tom: hans nichols, thanks so much. oil is the lead story this morning, but first, the international monetary fund changing their tune late last week, within the troika and with tsipras. that is the most interesting story. dr. weinberg is with the high frequency economics. you have been so right about what they need to do. why are we waiting? dr. weinberg: the german view is that german taxpayer money should not go to give greek pensioners better deals than german workers get. that is the obstacle. it would be like me saying i am in new york and i pay taxes, and it is helping people in arkansas. that is the spirit of it. that is where the german head is right now, and the imf the say you cannot do that.

angela merkel calling on european counterparts to take on a greater share of the refugee crisis. the u.k.france and have asked for an emergency gathering. germany expects 800,000 refugees to enter the country this year. japan's industrial production fell unexpectedly in july. 0.6%, missing by the bloomberg estimate of 0.1%. again, not a loss. aaron, what does this say about the economy and how much of this is down to china? the economyoks like limped into the third quarter. it is a big issue for japan right now. china has been slowing and weighing on their overall export growth.

as rob was mentioning germany the chancellor angela merkel has been speak going the crisis and she's criticized how other countries have treated refugees. >> translator: we have a humanitarian responsibility. we need to establish registration centers and talk to african nations, talk to countries that are in civil war and ensure there are there is a fair distribution of refugees across europe. not what is like currently happening across serbia macedonia and hungary. >> the united kingdom is one of the most desired destinations. the prime minister has visited calais where people are waiting to transfer from france to england. the european union has given france an extra $5.5 million to help a camp known as the jungle. jacky rowland last posted a

german chancellor angela merkel wants to see a unified system for right to asylum and the set up of receptionrs in greece and italy and a summit of balkin leaders on thursday which merkel will be attending. seeing chaotic scenes at the borders with some 7,000 refugees crossing into serbia as they continue their journey north and we report from southern serbia. >> reporter: in just two days nearly 10,000 people entered serbia through here, this is a village near the border with macedonia. just weeks ago it was another tranquil village in serbia and now it's an important entry for refugees trying to get to the european union and everyday thousands of hungry, thirsty and exhausted people arrive here. >> i'm expect iing that i just want to cross, to continue my journey, just want to cross. >> the woman here is allergic from the sun, to go outside from here. >> reporter: many say they want to go to germany. europe's strongest economy and ready to endure all their hardships on their way to a better life. and this is just another step for refugees and migrants in the serbia town just five kilometers

. >> angela merkel will meet with other eu leaders to discuss the refugee crisis. today she called on germany to take a stance against intolerance of immigrants. she visited a refugee center, and this weekend a mob hurt bombs and tear gas. >> treatment with humanity and the dignity of every single person who comes to us is part of our basic understanding. this is what symbolizes germany. what happened here is shameful and disgusting. that's what the mayor and the prime minister as everybody else i met here today made clear. together we will show that germany helps where help is needed and help is what's needed in reality now. >> germfully expects the number of refugees going to germany this year could reach 800,000.

participation, albeit an important one, angela merkel, the german chancellor was here, and she was talking very strongly about the need for solidarity for quotas that european union countries would adhere to. but the mow cuss was relations with countries in the western bakkens. it was overshadowed by the migration crisis which has been building up for weeks, and then it was given an added urgency by the awful news that came through in the middle of the day here in vienna, that has truck has been discovered on the motorway to the south of the austrian capitol, leading from hungary, abandoned. at first they thought they were just ininvestigating the scene of an accident. but as they came close to the truck they noticed -- i'm sorry to give you gruesome details -- they noticed that blood was seeping out of the back and that there was a

angela merkel is expected to meet with them.man cy is the biggest recipient of those seeking asylum. migrants are making their way across the balkans on an exhaustive journey to find a home in europe. more than 2,000 crossed the border on monday from serbia, the highest ever daily total. many are fleeing the war in syria. you can see how far they have traveled crossing through turkey and on to greece. eventually making their way to serbia and hungary. reaching hungary is actually critical. it's part of the european unions passport free zone giving migrants easier access to europe's wealthier nations. many of those fleeing violence are passing through the serbian capital belgrade, a city that knows war all too well. >> he strums an old kurdish song. his wife and 3-month-old in a park in central belgrade, turned weigh station for refugees. it was his voice she first fell in love. we wanted to settle in turkey. i was working weddings there she says, but tensions have started to rise. and if they kick anyone out, it will be us. she

german chancellor angela merkel had to fight to keep it. we'll talk to michael sherman. the greek story becomes not just a europe story, but a story for individual countries in europe. why has this been such a battle for german chancellor angela merkel to keep her own party in line? >> first reason is that germany is the main contributor to the greek bailout, the third one. second reason is that german parliamentary procedure forces her into this kind of contest, contest of will, and third, this is terribly important in the mind of the people, because people have the feeling that ultimately, the money will not come back. it will be taken out of their pact and they have to foot the bill. >> is it a sign of weakness for angela merkel there? i want to stay with the politics before we talk more about the people. is this a problem for her going forward if there have to be more talks or anything further on the euro dramas? >> well, it is certainly not a triumph for her, what has happened. it was clear that about 60 of her 320 members of the parliament, which are in coalition w

angela merkel needs to tended to other business.t trip is supposed to stop -- begin on august 19th. jonathan: a big thanks to the bloomberg team. we go from one european crisis in greece to another one further .ast ukraine, seven months after the nation declared it would need debt relief talks with creditors coming to a head. ryan, and separatist go, why? ryan: she says ukraine's creditors have one final chance to strike a deal. chua to california because that is were franklin templeton is located. billione more than $7 of the $19 billion worth that ukraine wants to restructure. the second biggest holder of ukrainian bonds is russia but they consider themselves to be official creditors so they are skipping the topics. there -- the talks have been going on for several months with thal distance between that will not be good enough. it to be getting interesting. talkhan: i feel like we about greece in the following question makes it feel like we talk about greece even more. how likely is a payoff? >> you look at credit default swaps, r

barack obama, angela merkel, david cameron, vladimir putin.re will the world's leaders holiday in august? francois hollande will be beginning his vacation this week, soaking up the sun for nine days. the french president is staying tightlipped about where he will be. >> in france? hollande: i will be on holiday in france. >> there is little chance that -- ill -- he was >> it raised questions about how presidential he looks, so today there is a tendency to be more discreet when it comes to presidential vacations. near thede may holiday elysees palace this year. he was reported to be at that site 30 minutes from paris. from barack obama, it is far less discreet. the u.s. president has left the white house with his family from our visit in your, even posing for the cameras during a round of golf. he is expected to stay there for 17 days. angela merkel and her husband are expected to go to the mountains of italy, as they have done for the last eight years. portugal is a holiday destination for every cameron and his wife. vladimir putin has not yet

angela merkel trying to rearrange her schedule to get this vote through, talking potential debt relief for greece. trying to woo the imf to get on board with the third bailout being offered to greece. that third payment comes on august 20. we are higher across the board looking at the eurozone when it comes to equities. the euro is down against the dollar. we've got interesting data coming out of the u.s. later today. we got manufacturing, inflation, we also get fed president william, voting member, speaking on his view of whether has what happened in asia changed the federal reserve? still about 50-50 think we will get the go-ahead in september. euro still slightly lower against the dollar. let's have a little look at how the chinese renminbi is doing. stability back on course. we are seeing it completely flat today. that giving a little bit of these to some of the markets in asia. chinese stocks fell, some feeling they will pull back on support for the stock market. japan, economic data not looking too rosie. does that mean there is more stimulus to come? you will be going to juliett

some booed when chancellor angela merkel arrived at a detention center to condemn what happened over e weekend. white wingers and neo-nazis clashed with the police. chancellor merkel called it vile and shameful. >> we all must make great effort to show a zero tolerance towards those who question the dignity of others. there is no tolerance towards those that are not willing to help if help is needed. >> europe cannot agree how to respond to levels of migration unseen since the early years after the second world war. they follow a couple of broad routes from the south across the mediterranean sea, or through turkey and greece into hungary. foremost, the ultimate destination is germany. they expect 800,000 asylum-seekers this year. country's population. inside the eu they can move freely inside the border-free area. there you -- of the u.k. did not join that area, and they have a lower number of immigrants. >> we must distinguish between those genuinely fleeing areecution, and those who simply economic migrants, quite understandably seeking a better life and higher standards of living a

meanwhile, support from the very top, a spokeswoman for chancellor angela merkel said the justice minister has merkel's full consent. terry: still to come, the rubbish in rio. the international olympic committee says it is confident the city can tackle its pollution problem before water sport competitions next year, but others are not so sure. more news in just a minute. they with us. -- stay with us. terry: welcome back. our top stories -- malaysia says it believes airplane wreckage found a week ago on reunion is from missing malaysia airlines flight mh370. french authorities urge caution but said there was a very high probability that the debris came from the vanished boeing 777. a massive operation is under way in the mediterranean after a boat carrying up to 700 migrants capsized off the coast of libya. the italian coast guard says 25 bodies have been recovered so far. business news now and then is going to tell us that the darling of the dow has disappointed traders. ben: it's a set story isn't it? shares in walt disney slumped. the entertainment giant's stock held by 9%. the story st

it is expected tha but not that many were members of angela merkel's own party, and that could be seen as a protest against threats that were made from party leaders. especially the chief whip. it is significant because it shows that ms. merkel was not able to convince rebels to come back into the line to agree to the deal. we will have to see how it will affect her authority, but it could be seen as a dent for her. say the man police suspected of bombing bangkok is part of a wider network. authorities say the suspect could not have acted alone. the man was seen on cctv camera. he left a backpack at a shrine in central bangkok before a bomb exploded. police are still looking for him. more than 20 people were killed in monday's last, including several foreigners. hair, glasses, a light complexion, and some stubble. with this detailed sketch, thai police hope the public can assist in the manhunt. one millionfering a baht reward to anyone who has information regarding the investigation that could lead to the arrest of the culprit. >> one million bought, around 25,000 euros for information

meanwhile, support from the very top, a spokeswoman for chancellor angela merkel said the justice minister has merkel's full consent. terry: still to come, the rubbish in rio. the international olympic committee says it is confident the city can tackle its pollution problem before water sport competitions next year, but others are not so sure. more news in just a minute. they with us. -- stay with us. terry: welcome back. our top stories -- malaysia says it believes airplane wreckage found a week ago on reunion is from missing malaysia airlines flight mh370. french authorities urge caution but said there was a very high probability that the debris came from the vanished boeing 777. a massive operation is under way in the mediterranean after a boat carrying up to 700 migrants capsized off the coast of libya. the italian coast guard says 25 bodies have been recovered so far. business news now and then is going to tell us that the darling of the dow has disappointed traders. ben: it's a set story isn't it? shares in walt disney slumped. the entertainment giant's stock held by 9%. the story st

in berlin, angela merkel and francois hollande to work out what to do about it. the great fall of china -- the asian tiger in a bearish freefall. how low will they go? north and south korea step back from brinksmanship will stop they have moved from saber rattling to apologies and talks on improving ties. thank you very much for joining us. 100,000 migrants arrived in europe last month and nearly 21,000 sought refuge in greece last week alone. staggering figures in a crisis that could post a threat to european unity. the german chancellor met the french president to work on an eu response to the problem will stop -- problem. reporter: thousands of refugees have arrived in southern serbia. they are lacking basic necessities. >> we are really suffering. if i stay here two days, my baby will die. look. reporter: they all want to head further north to the european union. at the meeting in berlin, the german chancellor and the french president called for a more even distribution of refugees and appeal to all countries to shoulder the responsibility. chancellor merkel:

angela merkel will not talk. we think she will put it on wolfgang schauble. we are not worried about whether this passes. the greek it will pass. we are looking at how many members of her party defect. president like the and john kerry or the president and jack lew. brendan: it is like the president and harry reid. they are all members of the same party. it is more who is responsible for the party. tom: i want to know about the german parliament. as move on to top headlines. he was vonnie quinn. vonnie: good morning for you later today the federal reserve is releasing minutes from last month policy makers meeting. investors are waiting to see whether there is a consensus that september is the right time for the first interest rate increase in nine years. more than 75% of the economists surveyed say the fed will raise race -- will raise rates. the annan has devalued -- vietnam has devalued its currency for the third time this year. the government wants to make sure that exports continue to grow. biggest trade its partner for at least eight years. lawmakers in

angela merkel has said europe must agree on a common policy to a deal with asylum requests. the issue is to be discussed at the european commission in the coming days. aurore: if you are trying to save your pennies, some of you may have carpooled. what about private jet cooling? an increasing number of pilots can now get in touch with passengers online, and in some cases it could be cheaper than getting the train. the privately lounge -- the private lounge -- no need to check bags or waste precious time going through security. >> is there anything else i can get you? >> will you be staying in london? doug: they are not rich but they are flying by private jet. this plane was going to be on its way to england, en route to pick up a wealthy client. but if you can get a chartered flight to pay both ways, everybody is happy. london to paris for 214 euros economy'sks to the newest phenomenon. while this is a commercial flight, the trend also extends to amateur endeavors. >> we will do a tour of the cathedral. in the end, we will arrive in serbia. >> one wants to indulge his passio

the question is how many defections angela merkel will have.ould have up to 120 defections this time. she will get her majority, it is just a question of how bruised she will be when she comes out. even some of her key deputies are saying that they will not vote with her. he says he has not made a decision yet. that is his way of saying that he probably has made a decision and is not want to announce it yet on bloomberg television. --ndan: i am sort of shocked was friday the least dramatic finance ministers meeting we have had in two years? hans: probably, but there has been a dramatic reaction. one person said there was no bailout for creditors. there is a lot of comedy, but there is some market react on the debt side today. nichols in berlin. how changes in china's labor market may have been the final straw in the government's decision 2-d value the you want. we will discuss today's single best chart. this is "bloomberg surveillance ." good morning. ♪ tom: good morning, everyone. " hasmberg surveillance gotten through 38 minutes and 50 second

in berlin, angela merkel and francois hollande to work out what to do about it. the great fall of china -- the asian tiger in a bearish freefall. how low will they go? north and south korea step back from brinksmanship will stop they have moved from saber rattling to apologies and talks on improving ties. thank you very much for joining us. 100,000 migrants arrived in europe last month and nearly 21,000 sought refuge in greece last week alone. staggering figures in a crisis that could post a threat to european unity. the german chancellor met the french president to work on an eu response to the problem will stop -- problem. reporter: thousands of refugees have arrived in southern serbia. they are lacking basic necessities. >> we are really suffering. if i stay here two days, my baby will die. look. reporter: they all want to head further north to the european union. at the meeting in berlin, the german chancellor and the french president called for a more even distribution of refugees and appeal to all countries to shoulder the responsibility. chancellor merkel:

it was aimed at german chancellor angela merkel who is visiting brazil this week.ur website, aljazeera.com. >>> more than 80 wildfires rage across the west, prompting more evacuations today. a chemical company executive pleads guilty in the huge spill in west virginia one year ago. the incident left hundreds of thousands without drinking water for days. >>> and students are back in court testifying about what they allege was a tradition of rape. ♪

the protest was aimed at angela merkel who is visiting brazil this week.it for this particular news hour. thanks for watching. and join miriam in a couple of minutes. >>> scared at pushed to starvation, the bleak account of life for a child in yemen. ♪ >>> hello, you are watching al jazeera, live from london, also coming up, violence intensifies in turkey. eight soldiers are killed in a roadside explosion, and a popular tour attraction is targeted. >>> a palestinian hunger striker ends his protest after israel suspends his detention. >>> and isil kills a leading archeologist

don't want immigrants. >> well, angela merkel i would say she's the best player on a bad team. i mean you know again, europe, 28 countries, dealing with 300,000 refugees, three desperately poor states, next to syria dealing with ten times that number, three million. so i mean we can't really compare the two. but at least angela merkel has the courage to stand up to people and say there's an ethical responsibility whether people's lives are ton line to ensure that they're safe whether they can reach us. that's what a convention that nearly 150 countries have signed required us to do and what we're implementing really badly. the rules of the game are correct. but what the u.n. refugee agency has completely failed to do is come up with a strategy oimplement that treaty in a way that's dependable manageable and avoids the kind of chaos we see nowp. >> james hathaway, thank you very much. >>> surveillance state. the new ruling that lifts the ban on nsa data collection. >>> plus selling the deal. michelle obama tries to convince jewish groups across america to support the deal with i

angela merkel gave her response to this news. >> translator: we must put all of our efforts into makinglear there is no tolerance for people who question the dignity of others. there is no tolerance for those not willing to help when legal and human help is required. >> reporter: well, now, the route into the european union from syria, which has been the from syria, which has been the crucial route for years and months is greece. that is where people are crossing from turkey and typically what we're seeing is that they are crossing across a narrow stretch of the aegean sea to the closest greek islands. my colleague jonah hull is there, and he sent us this report. >> reporter: they emerge in the thin light of dawn. new arrivals, some still in life vests on the greek island. where do you come from? >> syria. >> reporter: from syria? >> yes. >> reporter: how was it coming over? >> not good. >> reporter: why? >> because of the waves. >> reporter: what are you looking for? >> the nearest police station. >> reporter: i think you probably have two or three more hours ahead of you. >> thank you

angela merkel wants a stronger show of solidarity. >> we need to tackle the issue of migration in the spirit of europe, in the spirit of solidarity and it is also our historical obligation to give sherter to people in need. -- shelter to people in need. everybody knows what the situation is in syria is like, and everybody knows what the situation in syria's neighboring country is like. so it's up to europe to step in and help. laura: for more on that i'm joined with luis from amnesty international. thank you for joining us on "france 24." are you encouraged by the rhetoric coming from that summit on the balkans today, particularly comments made by angela merkel? >> yeah, we can welcome the comments but they need to be translated into action and that's action on the part of all e.u. member states to help the frontline member states, the member states that are receiving the largest amount of refugees and migrants, that's greece, italy and hungary and it's up to them to provide financial aid to these states to be able to receive these migrants and refugees and respect their dignity. laur

what we heard from angela merkel and i thought the autrian hosts was a much greater determination toh for binding quotas for european union countries. according to their size and economic capability they would come to some sort of agreement to take in thousands of refugees. now this has proven very contentious in the past. important wealthy countries like denmark, and the u.k. say they want to have nothing to do with it. but angela merkel is quite clear that this is an important moment and a great challenge for the european union. >> translator: there is a need to solve the issue and tackle the issue of migration in the spirit of europe, in the spirit of solidarity. there are more refugees than ever since world war ii. we have managed to live together in peace since world war ii, and we also made the peace process in the bakkens irrevocable and irreversible, but it's up to us now and it's our historical obligation to give shelter to people in need of help and shelter. >> reporter: so on the one hand they are talking about an obligation on the part of european count tries towards thos

angela merkel said i've always maintained europe will come out of this crisis stronger. i think after 2010, 2012, europe probably good come out stronger. but i think that's wishful thinking to say that this time because there's been a lot of bad blood spills over the last few moss. and i think both the eurozone and the european union have come out of of this weaker. kweer going to see a lot of issues coming to a head, as well the the vote coming up sometime before 2017. and i think that the european project has weak nded over the kouft of the last year. it is an issue. >> there i think there is a resounding feel that the ecb would absorb any economic shock related to the greek crisis. this has pushed leaders across the eurozone to take sides. >> indeed. there is absolutely no way you could say greek domestic figures are happy that they're part of the european union and that they have respect for their critters in germany. public opinion is very negative towards the european union. and i think it's wishful thinking to think overall the european project comes out of this s