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we will know early this afternoon what the cdu will have dedecided.nchor: w we will check iwith you when the vote gets underway in a few hours. thank you very much. next, a migrant rescue ship credited with saving thousands of lives in the mediterranean is to end all operations. doctors without borders saying a smear campaign by european governments is to blame. here,er spending weeks the aquarius, the last charity ship active off the libyan coast, is terminating operations. the end of aquarius means more says doctors without borders, blaming obstruction tactics by italy and other european governments for the decision. >> this is the result of a sustained campaign spearheaded by the entire government and backed by other european states to delegitimize, slander, and obstruct eight o organizations providing assistance to vulnerable people. >> launched in 2016, it has rescued about 30,000 people from mediterranean but also became the symbol of europe's divisions over migration. arguing it was during an unfair board, they closed the ports to migrant rescu
we will know early this afternoon what the cdu will have dedecided.nchor: w we will check iwith you when the vote gets underway in a few hours. thank you very much. next, a migrant rescue ship credited with saving thousands of lives in the mediterranean is to end all operations. doctors without borders saying a smear campaign by european governments is to blame. here,er spending weeks the aquarius, the last charity ship active off the libyan coast, is terminating operations. the end of aquarius...
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Dec 7, 2018
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the cdu will be focusing on the time after me.t is a matter close to my heart that i contribute to ensuring the new successes of the p party while at the samame time maintaining responsibility in the government. this is so we can set the course for the future. laila: it is unusual in the to her career. she is at the top of the government but not her party. michaela: she also pretty much explained why she took this decision. and she called on everybody and responsibility to ask themselves what they can do to ensure there is cohesion in society. rather lofty words. clearly she recognized that her also being the leader of the party stood in the way of social cohesion. she did not want more tension within her own party. she is a chancellor her almost feels liberated, who has a weight off of her shoulders, who can now focus on governing the country. she knows that this process that is now taking place in the party is no longer really hers to govern, to rein in, to control. having said that, if there is a textbook chapter to be written
the cdu will be focusing on the time after me.t is a matter close to my heart that i contribute to ensuring the new successes of the p party while at the samame time maintaining responsibility in the government. this is so we can set the course for the future. laila: it is unusual in the to her career. she is at the top of the government but not her party. michaela: she also pretty much explained why she took this decision. and she called on everybody and responsibility to ask themselves what...
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Dec 6, 2018
12/18
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it has been angela merkel's last day as chair for the party of the cdu. german able be electing her successor as party leader, although merkel is stayingng ons chancellor. after a short break, brent will be back to take you through the day. thank you. [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] . to and i'm like my idea in iran and a hearing on it on our from from rate rateable of one one they should should expect [inaudible] right downtown. on the country
it has been angela merkel's last day as chair for the party of the cdu. german able be electing her successor as party leader, although merkel is stayingng ons chancellor. after a short break, brent will be back to take you through the day. thank you. [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] . to and i'm like my idea in iran and a hearing on it on our from from rate rateable of one one they should...
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Dec 7, 2018
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i think she is hacked a good earfor the basis not of the cdu along of the basis not of the cdu along be policies i think she comes to be policies i think she comes from this southern borders of france from germany. she has a clear link to be relationship that is coming after to her. she is more of the old west german style. she has clear views on the european values and the core of europe as it were. she also highly regrets that the uk's leading the european union —— leaving the european union. i would say she is not to try to foster a very good relationship between the uk and germany. and european union after brexit. new leader of the christian democrats in germany. let's head to the us, where president trump hasjust announced two new recruits to his administration. he's chosen a former fox news journalist, heather nauert, to take up the role of us ambassador to the united nations. and — possibly even more crucially — he's nominated william barr to take up the role of attorney general, replacing jeff sessions. here's the president speaking about his decision... i was also thrilled t
i think she is hacked a good earfor the basis not of the cdu along of the basis not of the cdu along be policies i think she comes to be policies i think she comes from this southern borders of france from germany. she has a clear link to be relationship that is coming after to her. she is more of the old west german style. she has clear views on the european values and the core of europe as it were. she also highly regrets that the uk's leading the european union —— leaving the european...
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Dec 10, 2018
12/18
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they have taken a leadership role at the cdu.at we see more of the same for the cdu given she's so aligned and has been in the past or will we see a repeat of the pressure that ultimately led to chancellor merkel's stepping down. >> i suppose in a way, yes you can see this as not really migration over europe. it was a clash between the more pro business and the more centrist social market rate. and akk is firmly of that centrist thinking. while she's a little bit more on social issues like migration, broadly we expect to see more of the same. >> ultimately the big question for investors is rather than the micromanagement of certain policies, what it actually means for the relationship between the cdu and the sbd. the spd might have been hoping that the comments might have been a little more business friendly than where a.k.k. is. given she is, as jomana said, the continuity candidate, what does that mean for the relationship between the two >> it means the coalition is much more likely to survive until the next election. and also
they have taken a leadership role at the cdu.at we see more of the same for the cdu given she's so aligned and has been in the past or will we see a repeat of the pressure that ultimately led to chancellor merkel's stepping down. >> i suppose in a way, yes you can see this as not really migration over europe. it was a clash between the more pro business and the more centrist social market rate. and akk is firmly of that centrist thinking. while she's a little bit more on social issues...
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Dec 7, 2018
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she comes from a more centrist tradition of the cdu. she is not at the more right end of the party which is significant. she will be able to work more easily. that is the latest out of germany. will have more details on that we'll go to matt miller in just a moment. manus.o to much.nk you very welcome. good to see you again. the deal is 1.2 million barrels from the october level that is the cut. can you confirm that? is there an understanding? countries,t of november was a slight. hopefully, in november it should be much. the sign of deadline is october. cut.u now have a how much are you taking in nigeria? >> 2.5 percent for opec members and 2% for non-opec members. >> we have been blogging all day that this is a fudge and not a real cut. can you clarify that? it will be from natural production. is this a real cut or from natural reduction? >> these are real cuts. arising natural factors . the gmc has a bit more work to looking aterms of it. we are seeing factors from some countries will make continuing barrels. it is a lateral cut. >>
she comes from a more centrist tradition of the cdu. she is not at the more right end of the party which is significant. she will be able to work more easily. that is the latest out of germany. will have more details on that we'll go to matt miller in just a moment. manus.o to much.nk you very welcome. good to see you again. the deal is 1.2 million barrels from the october level that is the cut. can you confirm that? is there an understanding? countries,t of november was a slight. hopefully, in...
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Dec 7, 2018
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her party gathers to appoint her successor as the leader of the cdu.loomberg. ♪ matt: 30 minutes into the trading day. let's get your top headlines. european equities eek out gains after a volatile session on wall street. we are up 1% on the stoxx 600, but futures indicate a lower open in the u.s. as powell praises the economy ahead of the jobs report. delaying the inevitable? theresa may is pushing back next week's brexit deal while the eu takes a wait and see approach. speaking of, angela merkel's long anexit from politics. karen bauer or social conservative features mayor? good morning and welcome to bloomberg markets, the european open. i'm matt miller in hamburg at the cdu meeting, alongside anna edwards in the european headquarters in london. anna: let's look at where we are on the equity markets. this is a picture across the stoxx 600. we've got mutual trading higher, nokia of 4.4%. we talked about that one. if we go to the downside, perfidious is in here. this is a story we talked about a bit, as well. they say their business model is not broke
her party gathers to appoint her successor as the leader of the cdu.loomberg. ♪ matt: 30 minutes into the trading day. let's get your top headlines. european equities eek out gains after a volatile session on wall street. we are up 1% on the stoxx 600, but futures indicate a lower open in the u.s. as powell praises the economy ahead of the jobs report. delaying the inevitable? theresa may is pushing back next week's brexit deal while the eu takes a wait and see approach. speaking of, angela...
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Dec 8, 2018
12/18
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she was the preferred candidate of angela merkel, the preferred candidate of the wider cdu party.nd of centrism. she shares a lot in terms of style and politics with mrs merkel, although commentators are at pains to point out she tends to be more decisive, more approachable, rather more direct. she has a lot of work on her hands as she needs to win back voters to the cdu and is going to have to answer to wings of the party which are concerned by the rise of the success of the german greens party and the rise of the populist afd. and she will have to deal with those who think angela merkel‘s migration politics were too much. she will also have to deal with those who want to take this party back to its conservative roots. she has a lot of work on her hands, she will be sharing power with angela merkel, the two women have worked together before, she has been the party's general secretary for some time. but today she struck a chord with most in this room when she said she wanted the party to come together. translation: i accept this vote and thank you for your confidence. i thank you
she was the preferred candidate of angela merkel, the preferred candidate of the wider cdu party.nd of centrism. she shares a lot in terms of style and politics with mrs merkel, although commentators are at pains to point out she tends to be more decisive, more approachable, rather more direct. she has a lot of work on her hands as she needs to win back voters to the cdu and is going to have to answer to wings of the party which are concerned by the rise of the success of the german greens...
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Dec 9, 2018
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cdu party meeting to determine whether to select another candidate or appoint her chosen successor.: annegret kramp-karrenbauer has been elected to be the new leader of the cdu party in germany. >> she said, in her acceptance speech just now, that she wants to maintain the cdu as a large people's party in the middle, so that has been merkel's strategy, that is how she has won the last 13 years, keeping the center occupied in germany and then collecting some votes from the left of the cdu they previously have not gotten. the problem is they had lost a lot of votes to the right and the alternative deutscheland is present in every one of the 16 state governments, as well as the national government. this is something that friedrich was hoping to change. now it is up to akk and her team to try to do that while carrying on angela merkel's policies. ♪ abigail: you are watching "bloomberg best." i'm abigail doolittle. federal reserve chairman jerome powell's testimony before congress was canceled as washington paused to honor the late president george h.w. bush. but fed watchers were able t
cdu party meeting to determine whether to select another candidate or appoint her chosen successor.: annegret kramp-karrenbauer has been elected to be the new leader of the cdu party in germany. >> she said, in her acceptance speech just now, that she wants to maintain the cdu as a large people's party in the middle, so that has been merkel's strategy, that is how she has won the last 13 years, keeping the center occupied in germany and then collecting some votes from the left of the cdu...
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Dec 7, 2018
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cdu,a merkel in front of and the cdu members of the party will vote shortly to elect the new leader.ela merkel. shields to finish her term. wins, it willho be difficult for they chancellor to work with them and we will keep a close eye on that. tom: it is history made for germany. me why i wasn't doing more with bit corn. it is tangential to most people. the stasis through the summer of 2018, and if i can take the markers away which i can do, i get this. this is absolutely textbook. the mathematics of that dive on bitcoin from 6000 is extraordinary. we go down to 3300 this morning. differentthis is a chart and we are talking about inversion. what companies are paying to borrow, and it is much less than at other times. you need to look at equities and the yield inversion to see whether this is actual stress or symptomatic of something else. tom: let us begin no with a look at the markets -- begin now with a look at the markets. david balin is looking at quiet money and not to lose money. they try to do that at city private bank where he is global head of all investments. thing in the
cdu,a merkel in front of and the cdu members of the party will vote shortly to elect the new leader.ela merkel. shields to finish her term. wins, it willho be difficult for they chancellor to work with them and we will keep a close eye on that. tom: it is history made for germany. me why i wasn't doing more with bit corn. it is tangential to most people. the stasis through the summer of 2018, and if i can take the markers away which i can do, i get this. this is absolutely textbook. the...
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Dec 7, 2018
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he's a confrontational businessman who was the former chief whip of the cdu many years ago. he was chased away by angela merkel as one of those ambitious men who didn't survive her now he made a surprise return to politics the moment she announced she's no longer running as the head of the party, he came out with a press release saying i'm running i'm interested i want to come back to german politics he's favored by the conservative circles. then we have an outside candidate, jens spahn. he's a well-known figure on the political scene, but he is not likely to make it to the end round of the vote. so these are the three main candidates what's happening today here is that we have a first vote, if there will be one candidate gaining the absolute majority in that first round, then we already have a result. but if not, there will be a second vote. results, final results most likely will be out around 5:00 cet. >> very big day for the cdu. and for people who have not been watching the intricacies of german politics, the bigger question for investors is what this ultimately means f
he's a confrontational businessman who was the former chief whip of the cdu many years ago. he was chased away by angela merkel as one of those ambitious men who didn't survive her now he made a surprise return to politics the moment she announced she's no longer running as the head of the party, he came out with a press release saying i'm running i'm interested i want to come back to german politics he's favored by the conservative circles. then we have an outside candidate, jens spahn. he's a...
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Dec 11, 2018
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i'm concerned it will not deal with the cdu, the right wing half.romise that spd had to make, and now they the price for it and my expectation is that cdu will face the same. more volatility. matt: thank you so much for joining us. thanos papasavvas is a founder and chief investment officer at abp invest. up next we will talk more about the backstop problem. this is bloomberg. ♪ place, the xfinity xfi gateway. and it's strengthened by xfi pods, which plug in to extend the wifi even farther, past anything that stands in its way. ...well almost anything. leave no room behind with xfi pods. simple. easy. awesome. click or visit a retail store today. ♪ there's no place likargh!e ♪ i'm trying... ♪ yippiekiyay. ♪ mom. ♪ nejra: we are 30 minutes into the european equity trading day. here are your headlines. may reaches out to europe. the u.k. prime minister embarks on a mission to seek help from the european capitals. the eu is open to reinsurance is, but note renegotiations. macron promises new spending to end the yellow vest crisis. french bond yields ri
i'm concerned it will not deal with the cdu, the right wing half.romise that spd had to make, and now they the price for it and my expectation is that cdu will face the same. more volatility. matt: thank you so much for joining us. thanos papasavvas is a founder and chief investment officer at abp invest. up next we will talk more about the backstop problem. this is bloomberg. ♪ place, the xfinity xfi gateway. and it's strengthened by xfi pods, which plug in to extend the wifi even farther,...
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she comes from a more centrist tradition of the cdu.t at the more right end of the party which is significant. she will be able to work more easily. that is the latest out of germany. will have more details on that we'll go to matt miller in just a moment. manus.o to much.nk you very welcome. good to see you ag
she comes from a more centrist tradition of the cdu.t at the more right end of the party which is significant. she will be able to work more easily. that is the latest out of germany. will have more details on that we'll go to matt miller in just a moment. manus.o to much.nk you very welcome. good to see you ag
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Dec 9, 2018
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german politics are not exciting politics, you will have a smooth transition within the cdu.xpect anything in terms of germany. france i think is more troubling, because it is the second biggest economy, and you need germany and fred to be working together. things like fiscal policy -- >> plenty to consider. we still have a little bit to talk about. to delve deeper into the story around crude oil and hear from the russian as he put sanctions on iran with a huge impact on the old mike it -- the oil market. ♪ ♪ >> opec and allies have made a decision and delivered a bigger than expected oil production cut. the russian oil minister said they will need a few months to reach the full level of cuts. >> [speaking russian] goalswill be reaching our over a number of months, not immediately, which connects us to the fact that we have some difficulties and challenges which we will have to navigate, unlike our partners in the southern countries. we will try to reach our goals as fastest possible. i will not give the exact it right now because we still have to finalize some calculations b
german politics are not exciting politics, you will have a smooth transition within the cdu.xpect anything in terms of germany. france i think is more troubling, because it is the second biggest economy, and you need germany and fred to be working together. things like fiscal policy -- >> plenty to consider. we still have a little bit to talk about. to delve deeper into the story around crude oil and hear from the russian as he put sanctions on iran with a huge impact on the old mike it...
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and he said that conservative voters have no other option than voting cdu and so it makes no sense forive or to form right wing ideas. and in solving the greek crisis, she displayed another characteristic, one that would lead her into great difficulties, of making choices within a tight circle of decision—makers. she hasn't reached out far enough when it comes to critical decisions. she has made two major decisions which are very uncharacteristic. one was getting rid of nuclear energy and the second was the refugee issue. in both cases, there was the minimum of consultation, which i think was a strategic mistake because if you don't communicate these huge decisions, you really don't bring the public on board. it was that issue, refugees, that would provoke the defining moment of her leadership. one where the old diving board deliberations were made impossible by the speed of events. caught off—guard on television by a compelling palestinian teenager, she had appeared wooden, uncaring. the issue forced her to take the political plunge, abandoning her customary caution. so it was with th
and he said that conservative voters have no other option than voting cdu and so it makes no sense forive or to form right wing ideas. and in solving the greek crisis, she displayed another characteristic, one that would lead her into great difficulties, of making choices within a tight circle of decision—makers. she hasn't reached out far enough when it comes to critical decisions. she has made two major decisions which are very uncharacteristic. one was getting rid of nuclear energy and the...
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Dec 7, 2018
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that's very appealing to the more conservative and business minded wing of the cdu.to work alongside. there may be some friction. does that mean he would be more likely to oust her? potentially but this is a complicated situation. annegret kramp karrenbauer, although she may appear to be the continuity candidate, is very experienced. she's admitted she has sharp political elbows and she may try to step out from under mrs merkel‘s shadow and push for the chancellorship. friedrich merz has demonstrated a bit of a lack of political experience in recent yea rs. political experience in recent years. he's made a number of gaffes on the campaign trail. some analysts say that he may need some baby—sitting say that he may need some ba by—sitting and may say that he may need some baby—sitting and may not be in a position to force out angela merkel. there are other reasons why she may not be able to sit out her term, not least a very vulnerable coalition partnership with the german social democrat party. that government has lurched from crisis to crisis and it may yet fall apar
that's very appealing to the more conservative and business minded wing of the cdu.to work alongside. there may be some friction. does that mean he would be more likely to oust her? potentially but this is a complicated situation. annegret kramp karrenbauer, although she may appear to be the continuity candidate, is very experienced. she's admitted she has sharp political elbows and she may try to step out from under mrs merkel‘s shadow and push for the chancellorship. friedrich merz has...
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the election at the cdu party conference in hamburg has raised questions over how much longer mrs merkelr. our berlin correspondent jenny hill reports. there is a famous german saying, everything has it stands, only the sausage everything has it stands, only the sausage has two. and there is an air of the nullity here, a sense that as the year draws to a close, so too does the angela merkel era. translation: is right, she has been too long in thejob, it translation: is right, she has been too long in the job, it would translation: is right, she has been too long in thejob, it would be better to have a 2—term limit like in the us. translation: domitian is good, i must say i am sorry to see her leave. it was bad luck for were that the refugee policy but for me, she was the chancellor. —— i have to say it is good. her would-be replacements are campaigning for the chance to lead her party and quite possibly the country. there is health ministerjens, ambitious, energetic, unlikely to win. there is annabel, the former regional minister and the current favourite. and the millionaire businessman
the election at the cdu party conference in hamburg has raised questions over how much longer mrs merkelr. our berlin correspondent jenny hill reports. there is a famous german saying, everything has it stands, only the sausage everything has it stands, only the sausage has two. and there is an air of the nullity here, a sense that as the year draws to a close, so too does the angela merkel era. translation: is right, she has been too long in thejob, it translation: is right, she has been too...
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Dec 8, 2018
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stream 2, a project which we understand and for that matter increasingly in germany on the part of the cdu understands is a geopolitical process against western interests and not a economic project. as we all know, what was it -- the russian bank put a report on its website not too long ago which said this is not even in russia's economic interest. it's in the interest of politically connected people. so this is clearly a geopolitical project which will enrich folks who are friendly with the president of russia. so we're not going to persuade the -- that nord stream 2 was a bad idea. my understanding is that the trump administration is taking a hard look at nord stream 2 and i think we're seeing all sorts of signs that nord stream 2 will not be realized but this is not a sure thing. >> guest: my name is bob with perioassociates. apparently today ukraine test ad 300-kilometer anti-ship missile. it was on twitter feed. the head of the national defense counsel. national defense and security counsel, how capable do you think the missile is, and do you agree with the possibility of incorporatin
stream 2, a project which we understand and for that matter increasingly in germany on the part of the cdu understands is a geopolitical process against western interests and not a economic project. as we all know, what was it -- the russian bank put a report on its website not too long ago which said this is not even in russia's economic interest. it's in the interest of politically connected people. so this is clearly a geopolitical project which will enrich folks who are friendly with the...
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Dec 17, 2018
12/18
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a prime minister cd you general secretary and now the cdu party leader. on a great crowd current power has had a remarkable career. she's considered a political moderate and a team player he was on to americans preferred canada. but she is by no means american clone. she comes from western germany. americal comes from the eas. jeez kathleen. medical as protestant. and she has three children. americal has none. from current power differs with miracle and several points of policy. party leader favors a tougher stand on immigratio. she's opposed to same sex marriage. and is considering reintroducing military conscription. he says germany should take a harder line with russia. we'll undergrad prompt kerr and our managed to set a new course for the cd. when i go to medical took power she was sometimes referred to as coles girl because in fact the chancellor helmut kohl had been her mentor? is under great come con about anything more than mackel reloaded is she really going to take her party and potentially the country in a different direction. whether it's wha
a prime minister cd you general secretary and now the cdu party leader. on a great crowd current power has had a remarkable career. she's considered a political moderate and a team player he was on to americans preferred canada. but she is by no means american clone. she comes from western germany. americal comes from the eas. jeez kathleen. medical as protestant. and she has three children. americal has none. from current power differs with miracle and several points of policy. party leader...
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Dec 7, 2018
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germans refer to her as akk, but it is a name to remember because not only is she now the leader of the cduely considered to be a potential chancellor in waiting. she was angela merkel‘s preferred candidate. the two women work together. she is already the party general secretary and the two women share a great deal in terms of style and politics, although annegret kramp—karrenbauer is said to be more decisive and perhaps more approachable. the time being, a degree of continuity in terms of domestic and foreign policy. but bear this in mind as well. today angela merkel great chunk of her power to someone else, and that will have consequences for her both in germany, perhaps even on the world stage. might we see a point come for the first time when mrs merkel is reined in by her party leader? there are now also grave doubts over whether is mrs merkel will complete her term as chancellor. she wants to stay on until 2021. a range of scenarios are being speculated over, but today in that hole as she gave her farewell speech to her party as their leader, there was a real sense of a moment in hist
germans refer to her as akk, but it is a name to remember because not only is she now the leader of the cduely considered to be a potential chancellor in waiting. she was angela merkel‘s preferred candidate. the two women work together. she is already the party general secretary and the two women share a great deal in terms of style and politics, although annegret kramp—karrenbauer is said to be more decisive and perhaps more approachable. the time being, a degree of continuity in terms of...
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Dec 20, 2018
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what we will see in 2019 is this continued unhappy, grand coalition marriage between the cdu and csucratic party. the social democratic party is now literally withering. i think it will be really hard for them to increasingly remain in this coalition. we have three important german state elections next year. of course, the european parliament elections will roll across politics in europe. this could be the year that we see possibly germany going to new elections to legitimize a new leader of germany. so lots of change and nothing can move in europe unless germany is ok with it. so this could be an inopportune moment for germany not to be able to lead europe. cover.an awful lot the thank you so very much to heather connolly. trump and president house republican leaders are meeting at the white house as we speak. the present has expressed reservations over the short-term government funding bill -- the president has expressed reservations over the short-term government funding bill. oil asor indices down, well, even treasuries down a little bit. this is bloomberg. ♪ david: you are watch
what we will see in 2019 is this continued unhappy, grand coalition marriage between the cdu and csucratic party. the social democratic party is now literally withering. i think it will be really hard for them to increasingly remain in this coalition. we have three important german state elections next year. of course, the european parliament elections will roll across politics in europe. this could be the year that we see possibly germany going to new elections to legitimize a new leader of...
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Dec 10, 2018
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you are what i think pick up on growing doubts within the cdu about the wisdom of the products. the ui should work with like-minded allies but i don't think nato is a whole is going to do this but we can work with like-minded allies put together a new package in ukraine with priority to coastal defense systems like our pen that could deter aggression as well as provide improved radar and as well as other assets to the ukrainian navy. the u.s. seems to put a great emphasis on the need for other allies to step up if ukraine is in their backyard for burden sharing is a perfectly legitimate subject in this area but i hope it's not being at danced as an excuse for u.s. inaction over the next few weeks. nato should try to find ways to increase the presence even further and consider more exercises in the region with the president of ukraine and georgia. we should engage with turkey romania and bulgaria the three nato allies on overcoming their existence to a formal nato black sea task force or blacks the flotilla. we might talk about restricting russian free passage through the turkish
you are what i think pick up on growing doubts within the cdu about the wisdom of the products. the ui should work with like-minded allies but i don't think nato is a whole is going to do this but we can work with like-minded allies put together a new package in ukraine with priority to coastal defense systems like our pen that could deter aggression as well as provide improved radar and as well as other assets to the ukrainian navy. the u.s. seems to put a great emphasis on the need for other...
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Dec 7, 2018
12/18
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germany's ruling cdu elects a new chair to succeed angela merkel.ters in vienna are going to continue talking. we will bring you market moving news throughout the day. the latestill get jobs data from the world's largest economy at 1:30 p.m. u.k. time. brexit.o theresa may is weighing a plan to stop the crunch of brexit. this is a net attempt to avoid a landslide defeat -- in an a ttempt to avoid a landslide defeat. leaders are said to be mulling over minor tweaks to the brexit agreement. sense thatets the if brady's favoring a delay, i'd begin to worry. we need a cathartic brexit moment. we need a to vote so we can move on. would you agree? >> something cathartic would be helpful. it is difficult to see what that could be. thee are reports about how mps are going to vote that is completely wrong. can the government do something to queen -- tweak the agreement to change that kind of arithmetic? unless they have something up i am not quite sure what postponing a vote will do. i struggle with how we resolve this. sterling has not been a bit weaker. of
germany's ruling cdu elects a new chair to succeed angela merkel.ters in vienna are going to continue talking. we will bring you market moving news throughout the day. the latestill get jobs data from the world's largest economy at 1:30 p.m. u.k. time. brexit.o theresa may is weighing a plan to stop the crunch of brexit. this is a net attempt to avoid a landslide defeat -- in an a ttempt to avoid a landslide defeat. leaders are said to be mulling over minor tweaks to the brexit agreement. sense...
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Dec 6, 2018
12/18
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export sensitive there in the back drop in the next couple of days is the beginning of the cdu leadership contest. so we'll find out who will be succeeding angela merkel so keep an eye on that as far as the german index cac 40 is weaker ftse mib joining in on the declines switching to foreign exchange, there the picture is more muted. euro is hanging in that 1.13 mark similar theme for cable, struggling to break through on 1.27 on the down side and 1.28 on the upside ahead of that house of commons vote next week. a lot of traders are saying the latest amendments are pointing to a less chance of a hard brexit that's playing out somewhat in currency dollar/yen we're seeing there some risk aversion play out with that currency. >>> switching to u.s. futures, we were closed yesterday for trading. this is the fist session post the very steep session of declines that we had on tuesday. and today the picture is not that much prettier dow seen opening up about 340 points lower nasdaq about 100 points lower. when the news came out that the cfo of huawei was arrested futures dropped about 2% in trad
export sensitive there in the back drop in the next couple of days is the beginning of the cdu leadership contest. so we'll find out who will be succeeding angela merkel so keep an eye on that as far as the german index cac 40 is weaker ftse mib joining in on the declines switching to foreign exchange, there the picture is more muted. euro is hanging in that 1.13 mark similar theme for cable, struggling to break through on 1.27 on the down side and 1.28 on the upside ahead of that house of...
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Dec 31, 2018
12/18
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brendan: she had the successful coup of winning the chairmanship of the cdu.polls still showing the cdu under 30% and the greens under at 15%, you have to ask how tenable her coalition is. , not tothe question mention the other question on the other side of the atlantic, if there is pressure on germany to do something about the trade surplus and the ecb pressurize to abandon interest rates. that could be problematic for italy. scarlet: there is italy, we have not discussed france yet. brendan brown sticking with us as we discuss more issues. radio, meredith sumter will be joining us in new york with lisa abramowicz and pimm fox. this is bloomberg. ♪ viviana: this is bloomberg surveillance. let's get a business flash. a deal between disney and despite growing pressure on cable. the two companies averted a blackout of college bowl football games. disney wanted a price hike for its programming. verizon agreed to carry a new sports channel. the price of natural gas is headed for its worst price since 1941. the big reasons, warm weather and a smaller than average d
brendan: she had the successful coup of winning the chairmanship of the cdu.polls still showing the cdu under 30% and the greens under at 15%, you have to ask how tenable her coalition is. , not tothe question mention the other question on the other side of the atlantic, if there is pressure on germany to do something about the trade surplus and the ecb pressurize to abandon interest rates. that could be problematic for italy. scarlet: there is italy, we have not discussed france yet. brendan...
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Dec 7, 2018
12/18
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despite quitting as cdu leader, ms merkel plans to remain german chancellor until her term ends in 2021end of anti—government protests. 90,000 police officers are being deployed across the country, and armoured vehicles will be on the streets of paris. many shops and museums are beginning to close and will not open on saturday. the french interior minister says the authorities will show no tolerance towards what he called violent radicals who want to topple the republic. and he said the so—called yellow vest protest movement had created a monster. we can speak now to the writer and historianjane weston vauclair, who joins us from paris. said the government have shelved those fuel tax rises which were part of the cause of these protests and demonstrations, and yet we are going to get more protests this weekend? yes. those protests were certainly in the pipeline well before the announcement that the fuel taxes we re announcement that the fuel taxes were to be perhaps permanently suspended stop at the moment in paris, businesses are boarding up around various points in the city. classic de
despite quitting as cdu leader, ms merkel plans to remain german chancellor until her term ends in 2021end of anti—government protests. 90,000 police officers are being deployed across the country, and armoured vehicles will be on the streets of paris. many shops and museums are beginning to close and will not open on saturday. the french interior minister says the authorities will show no tolerance towards what he called violent radicals who want to topple the republic. and he said the...
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Dec 10, 2018
12/18
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the cdu, merkel's party, a lot of folks felt they were drifting too much past the center. a center-right party. they were moving more towards center left. there is some quarter turn changes we will see but fundamentally, particularly as it relates to the eu and to transatlantic relations, you should see a continuity in terms of merkel's policies. jason: france has dominated a lot of headlines. the pictures are quite compelling of all those protests. knowing what you know about europe, how worried should investors be about what is going on? amb. emerson: they should be concerned about a couple of things. macron is getting an important speech tonight. he needs to show he understands. obviously not the writing but the source of the vast protests and he is not out of touch with working-class people, which i think is a wrap he is being hit with. in terms of investors he needs to be able to show he is going to be able to continue down the path of reform that france so badly needs from an economic standpoint. the third layer is he obviously has a very visionary, ambitious plan fo
the cdu, merkel's party, a lot of folks felt they were drifting too much past the center. a center-right party. they were moving more towards center left. there is some quarter turn changes we will see but fundamentally, particularly as it relates to the eu and to transatlantic relations, you should see a continuity in terms of merkel's policies. jason: france has dominated a lot of headlines. the pictures are quite compelling of all those protests. knowing what you know about europe, how...
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Dec 7, 2018
12/18
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despite quitting as cdu leader ms merkel plans to remain german chancellor until her term ends in 2021ce while allegations about his conduct are investigated. ray kelvin says accusations that he enforced a "hugging" culture on staff have "raised some very serious and upsetting issues". the company's board says it has been made aware of further serious allegations about the chief executive, which will also be investigated. the chief executive of motability, the taxpayer—supported business that supplies cars to people with disabilities, is to step down next year following criticism of his pay. mike betts was in line to receive a bonus of more than two million pounds on top of his annual salary of 1—point seven million pounds. there is an epidemic of criminal attacks on cash machines, according to a new report from one of the biggest atm operators. raids on cashpoints, including using explosives or ram raids, have caused damage of tens of millions of pounds — and have left people in remote rural areas struggling to access cash. president trump has made two key appointments, naming william
despite quitting as cdu leader ms merkel plans to remain german chancellor until her term ends in 2021ce while allegations about his conduct are investigated. ray kelvin says accusations that he enforced a "hugging" culture on staff have "raised some very serious and upsetting issues". the company's board says it has been made aware of further serious allegations about the chief executive, which will also be investigated. the chief executive of motability, the...
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Dec 7, 2018
12/18
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we're watching the german market today is also the day where the new cdu leader will be elected now that merkel has announced she will be stepping down. all eyes on that on the macro front and non-farm payrolls. back to you. >> joumanna bercetche, thank you very much for that update. >>> switching back to our shores, fed chair jay powell talking jobs and the economy in a speech overnight let's get to frank holland with those details. >> powell says the u.s. economy is still expanding and has high praise for the job market hours after release of the job report. the fed chairman making those remarks at a rural housing conference in washington late yesterday. the november jobs report is expected to show steady hiring and wage growth as well as the unemployment rate holding at a 50-year low of 3.7%. powell saying this about the job market, by many national level measures is very strong. powell also added that the u.s. economy is performing well overall. he did not address monetary policy or the fed's upcoming meeting where they're expected to raise rates for a fourth time this year. the "wal
we're watching the german market today is also the day where the new cdu leader will be elected now that merkel has announced she will be stepping down. all eyes on that on the macro front and non-farm payrolls. back to you. >> joumanna bercetche, thank you very much for that update. >>> switching back to our shores, fed chair jay powell talking jobs and the economy in a speech overnight let's get to frank holland with those details. >> powell says the u.s. economy is still...
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Dec 18, 2018
12/18
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over there, it was an cdu, able combat demolition units.hese teams were to take care of the obstacles on the beach. a lot of the gis were hiding behind the stuff that was supposed to blow up so even if we had our explosives we could not blow it up because these guys were hiding. they did not want to go any further because of what was happening. i didn't know whether i was going to see the sunset that day . i was so scared. pissed mike pence. pants.sed miky just terrible. >> that's an example of the links to the website that will draw the reader even more deeply into this immersive and powerful story. he was with that naval combat demolition unit that does not get enough credit or mentioned that had clear obstacles. it is powerful. >> the book is largely about the first of the four hours of the d-day assault. had thehapter i privilege to read the page proofs of the book you go beyond the first 20 four hours. what made you extend the story? >> the story drives you beyond .he day to complete the story is a famous -- is a second mission the coa
over there, it was an cdu, able combat demolition units.hese teams were to take care of the obstacles on the beach. a lot of the gis were hiding behind the stuff that was supposed to blow up so even if we had our explosives we could not blow it up because these guys were hiding. they did not want to go any further because of what was happening. i didn't know whether i was going to see the sunset that day . i was so scared. pissed mike pence. pants.sed miky just terrible. >> that's an...
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Dec 7, 2018
12/18
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. >>> and angela merkel bidding farewell as leader of the cdu party.y celebrated her 18 years as leader with a long-standing ovation. she told the crowd it was a great honor to have led them >>> you're up to date. back downtown to you guys. >> sue, thank you very much. end of an era there. >>> dow down more than 400 points s&p down more than 40. apple has taken out its november low. goldman, sachs at the lowest level since the 2016 election. when we come back, byron wien will talk about the selloff and what investors should do now in a me mont i still can't believe how incredible the screen is on the new iphone xs. and our unlimited plan really takes things to the next level with your choice of the best in tv, movies, or music. it's the perfect holiday upgrade. i know what i'm asking santa for this year. you still write letters to santa? no. please. i send him emails. can i get his email address? oh... i don't feel comfortable sharing it. get the iphone 10 s and our unlimited plan with your choice of the best in tv, movies, or music. more for your thin
. >>> and angela merkel bidding farewell as leader of the cdu party.y celebrated her 18 years as leader with a long-standing ovation. she told the crowd it was a great honor to have led them >>> you're up to date. back downtown to you guys. >> sue, thank you very much. end of an era there. >>> dow down more than 400 points s&p down more than 40. apple has taken out its november low. goldman, sachs at the lowest level since the 2016 election. when we come...
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Dec 1, 2018
12/18
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over there, it was an cdu, able combat demolition units.hese teams were to take care of the obstacles on the beach. a lot of the gis were hiding behind the stuff that was supposed to blow up so even if we had our explosives we could not blow it up because these guys were hiding. they did not want to go any further because of what was happening. i didn't know whether i was going to see the sunset that day . i was so scared. pissed mike pence. pants.sed miky just terrible. >> that's an example of the links to the website that will draw the reader even more deeply into this immersive and powerful story. he was with that naval combat demolition unit that does not get enough credit or mentioned that had clear obstacles. it is powerful. >> the book is largely about the first of the four hours of the d-day assault. had thehapter i privilege to read the page proofs of the book you go beyond the first 20 four hours. what made you extend the story? >> the story drives you beyond .he day to complete the story is a famous -- is a second mission the coa
over there, it was an cdu, able combat demolition units.hese teams were to take care of the obstacles on the beach. a lot of the gis were hiding behind the stuff that was supposed to blow up so even if we had our explosives we could not blow it up because these guys were hiding. they did not want to go any further because of what was happening. i didn't know whether i was going to see the sunset that day . i was so scared. pissed mike pence. pants.sed miky just terrible. >> that's an...
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Dec 18, 2018
12/18
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CSPAN3
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eye 63
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over there, it was an cdu, these five-man teams were to take care of the obstacles that were on the beach, a lot of the gis were hiding behind the stuff that were supposed to blow up. so even if we had our explosives we couldn't blow it up because these guys were hiding. they didn't let it go any further because of what was happening. i didn't know if i would see the sunset that day. i was so scared. i passed my pants. i was -- what in the world am i doing here? you can't get away from it. just, terrible. >> that is an example of the links to the website that will draw the reader even more deeply into this immersive and powerful story. he was with the combat demolition unit. doesn't get enough credit or mention, obstacles. it is powerful. >> the book is largely about the first 24 hours of the d-day assault, on various beaches. however, i have the privilege to read the page proofs, you go beyond the first 24 hours. what made you do that? what made you extend the story? >> in a few cases the story drives the beyond just to complete the story. of course, the picture there is a famous point a
over there, it was an cdu, these five-man teams were to take care of the obstacles that were on the beach, a lot of the gis were hiding behind the stuff that were supposed to blow up. so even if we had our explosives we couldn't blow it up because these guys were hiding. they didn't let it go any further because of what was happening. i didn't know if i would see the sunset that day. i was so scared. i passed my pants. i was -- what in the world am i doing here? you can't get away from it....
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Dec 5, 2018
12/18
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CSPAN2
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at that what i think pick up on growing doubts within the cdu about the wisdom of the nord stream ii project. u.s. should work with what like-minded allies i don't think there is hope will do this but we can work with like-minded allies to put together a new package of defense assistant ukraine with priority to coastal defense come systems like car t that could deter as well as providing improved radar and other surveillance assets to the ukrainian navy. he was seem to be putting great emphasis on the need for other allies to step up as ukraine is in their backyard. burden sharing is a perfectly legitimate subject in industryt hope it's nothing advanced as an excuse for u.s. inaction over the next few weeks. native should try to find ways to increase its black sea presents even further and considered more exercise in the region with participation of ukraine and georgia. we should engage with turkey, romania and bulgaria, the three new allies on overcoming the resistance to a formal nato black sea task force or black sea flotilla. we might talk with unreal about -- if russia continues
at that what i think pick up on growing doubts within the cdu about the wisdom of the nord stream ii project. u.s. should work with what like-minded allies i don't think there is hope will do this but we can work with like-minded allies to put together a new package of defense assistant ukraine with priority to coastal defense come systems like car t that could deter as well as providing improved radar and other surveillance assets to the ukrainian navy. he was seem to be putting great emphasis...
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Dec 7, 2018
12/18
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. >>> an ally of angela merkel has been elected as the new leader of germany's cdu party she received 52% of the vote against merkel's one-time rival. >>> this video is causing quite a stir the footage has prompted trade unions and far left parties to lash out at perceived police brutality. >>> and vladimir putin is presented with a racing helmet putin telling tott he was pleased that he can come to russia fia is the governing body of formula 1 raisin >>> thank you, sue >>> major dealing aditi roy has the details. >> shares of the cronos group is up nearly 40%. altria will be investing 1.8 billion for a 45% stake. the tobacco maker can increase its investment to 55% over the next four years. cronos says the deal accelerating the pace of expansion across the growth improved distribution capabilities and navigate regulatory issues. the move comes as big tobacco has faced increasing challenges from declining smoking rates to heightened regulatory pressure to competition from e-cigarette companies. altria shares are down more than 22% year to date cnbc has also reported that altria has be
. >>> an ally of angela merkel has been elected as the new leader of germany's cdu party she received 52% of the vote against merkel's one-time rival. >>> this video is causing quite a stir the footage has prompted trade unions and far left parties to lash out at perceived police brutality. >>> and vladimir putin is presented with a racing helmet putin telling tott he was pleased that he can come to russia fia is the governing body of formula 1 raisin >>>...
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Dec 10, 2018
12/18
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i spent the week end in germany at the cdu conference, watching angela merkel be appointed.ke it or leave it. that is negotiation, isn't it? we are still negotiating. but if you see what the irish prime minister has said this afternoon,” don't think that's the case. what about the conservative party, the 48 letters that would be required for a vote ta ke letters that would be required for a vote take place. do you think there are members and colleagues of yours that understanding it is time to write a letter. i fear might be the case. i would write a letter. i fear might be the case. iwould hope write a letter. i fear might be the case. i would hope that they would realise that changing the lead at this stage is deeply irresponsible. it makes no difference to the arithmetic of this house. we need to get behind the diamonds that as she navigates and choppy waters. that is my position. i see no way out of this other than involving the people again. nigel dodds is deputy leader of the dup and says that postponing the meaningful vote would be a shambles. what she says the day in
i spent the week end in germany at the cdu conference, watching angela merkel be appointed.ke it or leave it. that is negotiation, isn't it? we are still negotiating. but if you see what the irish prime minister has said this afternoon,” don't think that's the case. what about the conservative party, the 48 letters that would be required for a vote ta ke letters that would be required for a vote take place. do you think there are members and colleagues of yours that understanding it is time...