if you ask me about how germans and others will look back at the chancellorship of chancellor merkel, would say that during her term, ending after 16 years, she will be seen as a leader which steered andany through heavy waters difficult crisis which we were faced with. i remember when we started together in the government in 2013, after a few weeks we had crisis. we had the crisis in greece, then the europe crisis, and at the end of the term the refugee crisis. so her chancellorship will be successful leading of the country and leading europe through major crisis at the beginning of the century. francine: cliff kupchan -- tom: cliff kupchan, we have seen successful brexit negotiation. how do you and dr. bremmer see europe in 2021? is it fractured or can it coalesce around a theme from mr. macron? klitschko we think the main challenge facing europe is lack angelaership, that after merkel steps down that macron will take over as europe's up preeminent leader. he will be distracted by his own domestic politics, and we fear that if more stimulus money is needed, there is no sort of space

chose amen lash out in a close runoff vote that gives him a good shot at the chancellorship in september the election. and in the bundesliga leipzig missed the chance to go top of the table again. we'll bring you the highlights of the full golfer like. i'm a backer of his welcome to the program a strict a nationwide curfew has come into force in france people now have to stay at home from 6 pm that's 2 hours earlier than before residents face fines or even jail time if they don't comply infection writes in france have stabilized but the number of covert 19 patients needing intensive care in hospitals is still rising rapidly ministers say the curfew is essential to bring the disease under control but it's a blow to already hard hit restaurants and retail is. normally bustling with saturday night shopping days paris businesses closed their doors my. earlier than normal. we trust the government but once again it's a loss in revenue for us we need to reorganize our staffing we don't know how we will get financial help for that will we be able to use the furlough scheme for our staff what kin

pass the state elections together in a few weeks, and then make sure the cdu/csu wins the next chancellorshipthe elections. >>> it's inauguration week in the u.s. and joe biden plans to hit the ground running with a blitz of executive orders while washington is on high alert for security threats >>> good morning, everybody. happy monday welcome to "street signs." we have a very busy show coming up ahead i want to kick off data we got this morning out of china. there the economic growth rate topped pre-pandemic levels in the fourth quarter coming in ahead of expectations at 6.5%. for the year it grew at its lowest rate in four decades, expanding 3.2% sam filed this report. >> japan's gdp confirmed this better than expected q4 rating followed a 9% year-on-year expansion in q3 and that 6.8% slump in q1. since then we've seen a pretty impressive economic rebound as china managed to contain the virus quickly. as we see with the data today, we're seeing a bit of a mixed picture. there are pockets of the economy still recovering retail sales and fixed asset investment missed expectations for decembe

down she confirmed again during her new year's address that she would not be running for the chancellorship in september's vote we had heard from her 1st way back in 2018 saying she wasn't going to stand again this 4th term is my last as german chancellor and the 2021 problem and a real action i will not put forward my candidacy for the chancellor she began so who's in the running to replace a well the leader of the state of north rhine-westphalia english shot at 59 years old he's a real big ally of angular merkel very much seen as the continuity counted it then there's friedrich minutes at 65 the oldest in the running he is a multi-millionaire corporate lawyer a long term rival of. then there's no but to get 55 the youngest in the race he is currently the chairman of the foreign affairs committee and certainly knows his way around the bundestag he's been a member of the parliament since 1994 let's have a listen to what all of the candidates have to say ahead of this weekend's conference i stand for everyone and i think that those who did not vote for me if i am elected will also be able to

september she confirmed again during her new year's address that she would not be running for the chancellorship in september's vote we had heard from her 1st way back in 2018 saying she wasn't going to stand again. this 4th term is my last as german chancellor at the 2021 problem and to relax i will not put forward my candidacy for the chance to she began and. so who's in the running to replace a well be leader of the state of north rhine-westphalia arm in le shot at 59 years old he's a real big ally of angular merkel very much seen as the continuity candidate it then there's friedrich minutes at 65 the oldest in the rain in the running he is a multi-millionaire corporate lawyer a long term rival of angola merkel in fact back in 2002 when mrs merkel became the leader of the christian democratic union party one of the 1st thing she did was to sack. friedrich merits as the leader of the parliamentary group for the c.d.u. then there's norbit were taken 55 the youngest in the race and he is currently the chairman of the foreign affairs committee had previously been the environment minister and well

whether armin laschet will stay on to be the joint candidate of the cdu and the bavarian csu for chancellorships is that it will be the joint candidate, but he has now eight weeks to prove this matter until the state elections in the middle of march. �* ., , , march. and then whoever ends up takin: march. and then whoever ends up taking over _ march. and then whoever ends up taking over as _ march. and then whoever ends up taking over as the _ march. and then whoever ends up taking over as the chancellor, - taking over as the chancellor, after angela merkel, what are the particular challenges they face and getting germany's economy back on track after the pandemic?— pandemic? the particular challenge _ pandemic? the particular challenge is _ pandemic? the particular challenge is not - pandemic? the particular challenge is not really - pandemic? the particular challenge is not really to | pandemic? the particular. challenge is not really to get the economy back on track. that will come on its own when the pandemic fades. there is pent—up demand consumers want to go out to spend and german manufa

party in bavaria and the csu's leader, the bavarian prime minister, is also a contender for the chancellorshipve leader. ~ ., ., ., _ elections for the conservative leader. ~ ., ., ., leader. what about the legacy of an . ler leader. what about the legacy of angler michael _ leader. what about the legacy of angler michael -- _ leader. what about the legacy of angler michael -- angela - leader. what about the legacy of| angler michael -- angela merkel. leader. what about the legacy of. angler michael -- angela merkel. it angler michael —— angela merkel. it is a legacy for her party and the concerns about the impact of mass immigration and the rise of the party to the right and the alternative for germany. and on the other hand, there is a question of the legacy for germany as a whole. t the legacy for germany as a whole. i think we have to either take a broad view. we do see 16 years of extreme stability and continuity for germany. we saw germany's rise in foreign policy importance and its weight in europe, in the world. angela merkel has been the last hold out for the liberal west, as we saw i

characterized the last days of the weimar republic and ended with the elevation of hitler in 1933 to the chancellorshiprse, things may not happen exactly the same. we should always remember that history never repeats itself in quite the same way. but at the same time, there are lessons that we should be taking from the right of counterrevutionary movements in the 20th century. and in the century that the united states is not exempt from this. the united states is no longer the kind of exceptional society. the united states -- even to have shown or the last few years and especially the last fewmonths in the last few days is becoming more and more like the rest of the world. so this is the end of american exceptionalism. amy: walden bello, thank you for being with us, claimed filipino scholar, activist, author of many books and putting "counterrevolution: the global rise of the far-right." we will link to your latest piece. we encourage people to go to our conversation with allan nairn last week who talked about what has happened in the capitalism mild version of what the u.s. has supported abroad, for e

if this has not been resolved by the time merkel leaves the chancellorship, her successor will have to very tricky situation for germany. anna: elizabeth raw, a resident fellow at the american enterprise institute. coming up, are assets too complacent about vaccines? and we are hearing from christine lagarde. she is giving a keynote at a virtual event called green central banking. you can watch the whole thing on the terminal at live go. the ecb is to launch a climate change sector. this is bloomberg. ♪ matt: welcome back to bloomberg markets. this is the european open. we are almost an hour into the session and looking at some mixed trading. the ftse and the cac are down. the dax and the broader stoxx 600 are up. joining us now is laura cooper. there is real concern about another lockdown in france. last week, we had the deep were lockdowns and extended lockdowns in the u k and germany. are investors reaching for stocks? tech stocks like delivery hero as defensive plays? what is the one in the u.k.? it is going to gain on the fact that nobody can leave the house? >> i think that is pl