another 1st for christine legarde after a marathon summit e.u. leaders decide on who's to get the union's top jobs and the 1st female leader of the international monetary fund is poised to become the 1st female president of the european central bank also coming up for every asian aggravation to whiskey wars the us is threatening europe with terrorists on scotch and more in a years old dispute and it's getting hotter and eventually the heat is going to hit the bottom line a new report highlights the impact of global warming on the world economy. i'm chris cuomo welcome to the program. she is the head of the international monetary fund the world's most powerful woman according to forbes magazine and now it looks like she will become the president of the european central bank christine legarde career might lead her to frankfurt and in her new potential position at least one thing will be familiar to her. christine lagarde is certainly used to being labeled as the 1st woman to for example she was the 1st woman to become finance minister in france in

according to forbes magazine now it looks like she'll become president of the european central bank christine legarde her career might lead her to frankfurt and in her potential new position at least one thing will be familiar to her. christine lagarde certainly used to being labeled as the 1st woman to. for example she was the 1st woman to become finance minister in france in that position she burnished her credentials as an international stateswoman during the financial crisis she played a key role in the global response as markets collapsed. valuable experience that certainly helped her get elected as head of the i.m.f. and 2011 also was the 1st woman ever to biggest challenge in that job of handling the greek debt crisis. in 2016 a french court convicted her of allowing the misuse of public funds as french finance minister she had approved the payout to a businessman but like guards didn't have to serve a sentence and the i.m.f. stood by its director. now she is stepping down to become president of the european central bank of course as the 1st woman ever. all right let's talk more about christin

chief christine legarde as future president of the european central bank but critics say those choices reflect the backroom power politics and they're threatening to torpedo the nominations with the e.u. facing pressing challenges strong leadership is more important than ever will it emerge from a process with democratic deficit e.u. top jobs haggling instead of inspiration that's our topic and here are our guests it's a pleasure to welcome in many ways shah's she's a freelance journalist originally from france who works with us here at darts as well as for french print and broadcast media she says the scramble for the e.u. is top jobs further highlights discrepancies between the member states and damages the union. works for the analyst for the german council on foreign relations he says the. this is a broad group of eastern european countries has manoeuvered itself into a corner their lack of representation in top you jobs is a significant problem for either cohesion it will come back to haunt the region and it's a pleasure to welcome tom nuttall he is the berlin correspondent for th

christine legarde some.

christine legarde is the grand dame of french politics a 63 year old economist has run the international monetary fund for a cheers monitor rising it without causing a fuss but also not shying away from criticizing u.s. president donald trump 1st trade policies legard is considered a supporter of redistribution within the eurozone at the expense of richer states and an opponent of tough austerity policies. will women's power drive europe forward. underlined has been in brussels the last few days courting european members of the european parliament how does she do. i'm not in brussels i don't know but i think she is doing a stone just that she is building a program from to their very fast she has a team behind her she needs to be a consensus to be confirmed next week interestingly enough she does have the backing of some of those eastern european leaders we've been talking about and also the populist leader in italy what does that tell us. she's more known and more positively known politician in the center eastern europe than many others as a minister of defense she tried to forge a commo

christine legarde goes from one top job in the national finance to the next by a drug is time as boss of the european central bank is pretty much up as e.u. leaders nominate the i.m.f. managing director to take over the role the euro slipped on the news while stock markets welcomed it experts point out that god has a reputation as a shrewd negotiator but little monetary policy experience. she's already one of the most well known figures in international finance bringing with her a wealth of experience and their reputation as a trailblazer for women. in 2007 christine legarde became the 1st female finance minister of france an experience that french president emmanuel markoff is could benefit her at the e.c.b. had. she was the finance minister at a time when it was particularly complicated as she faced the biggest financial and sovereign debt crises of the last decade. having earned credentials for shaping the french response to the financial crash she went on in 2011 to become the 1st woman to head the international monetary fund the biggest challenge in that job handling the greek de

and eliminate that christine legarde to cultivate for president of the central but it's before the empowerment to come. from the lion for the commission president. if elected she would be defense storm and through the day you of the commission it would be happy about it after all europe is a woman. also coming up tonight u.s. lawmakers shocked and angry after seeing for themselves how migrants at the border with mexico are being treated. these women were being told by c.b.p. officers to drink out of the toilets they were drinking water out of the toilet and that was them knowing with a congressional visit was coming that was this is c.b.p. on their best behavior telling people to drink out of the toilet. to our viewers on p.b.s. in the united states and all around the world welcome we begin the day with history in the making here in europe for the 1st time ever a woman has been nominated for the top job in the european union tonight in new leaders after days of exhausting negotiations agreed to support ursula fund a lion as the new european commission president for the lion is currently german

we know that christine legarde is.ine legarde is perhaps going to become the president of the ecb and she is very much what we call a dove. in the sense you want to continue the policies of keeping policy very loose. even if the dollar does fall on the back of bowling interest rates, europe is doing the same. so mrtrump rates, europe is doing the same. so mr trump won't get his dollar depreciation, or not the relative depreciation, or not the relative depreciation he is looking for. all right, thank you very much indeed, julian, for giving us the perspective on my president trump had to say. we keep an eye on his 20 feet, as many of you do, i'm sure. and grab —— twitterfeed. let's stay in the us, because boeing says it is giving $100 million to help families affected by the two crashes of the company's 737 max planes in indonesia and ethiopia. the pay—out is not related to lawsuits filed in the wake of the disasters, which together killed 346 people. but lawyers for the victims' families have dismissed the move, as nad

$28.00 leaders where we're told opposed the nomination of ursula of underlying and of course christine legarde garners a lot of confidence around the world she's a very strong candidate. well less well known candidates but certainly at some point you need to take the candidates that will get the approval of the other 28 leaders so they're all compromises none of them were the 1st choices for these positions but with 28 heads of state arguing over these things you simply have to come up with a conclusion and a compromise and you know we're talking about the new head of the european central bank we're talking about a new president of the european commission why are these jobs so important here. well the president of the european commission gets to decide which countries will get which posts in that commission 5 year post very powerful positions the president of the european commission will decide who will take the agriculture job who will be in charge of the digital agenda who will be in charge of economic policy these are very significant post the going to have a lot of impact on the direction

of the world and barbara just briefly tell us about one of the other big nominees that we saw christine legarde from the i.m.f. being nominated for the post of the head of the european central bank how significant is that. that is extremely significant maybe the at least the 2nd most important job in the european union because she's the guardian of the year of stability and she is responsible for fiscal policy and we heard earlier from the business side of things that of course in case of new turbulence at the financial markets or how will she react she is the one who holds europe's economics and economic future in her hands wall and so that is extremely important then we have the belgian prime minister sean michel to lead the council he needs to have a lot of steadfastness to sort of survive these extremely long negotiations and then we have to spend a foreign minister burrell as a top diplomat in europe that is a compromise because spain absolutely wanted to have opposed as a gift for agreeing to fund a line so that's the whole package that's the people who are going to lead europe if this is

christine legarde some say that the head of the e.c.b. is the most important job in europe really because that president is the guardian of the euro stability of the euro it sets fiscal policy nothing for economists is more important than that what counts for christine lagarde of course is that he she has been head of the i.m.f. in washington for years now what counts against her is that she is not per se a banker she is not a central banker she is she has a legal education she used to be a lawyer so france is sort of really trying to sort of push her into that position and and this is the horse trading so the germans get the top job at the commission she gets the e.c.v. and then of course after that we have the french prime minister. as being president of the council and he will have to have he will have the an enviable task to to sort of preside over the next summits 20 hours 30 hours 40 hours so yes he will have to have a very he has to be really fit. of in the art of negotiation and finally the e.p. the european parliament will have t

another 1st for christine legarde after a marathon summit e.u. leaders decide on who's to get the union's top jobs and the 1st female leader of the international monetary fund is poised to become the 1st female president of the european central bank also coming up. in aggravation the whiskey wars the us is threatening europe with terrorists on scotch and more than 8 years old dispute and it's getting harder and eventually the heat is going to.

the european commission we know that she is an ally of the german chancellor as well we've got christine legarde who's going to be the new european central bank all of these are picks in choices if you will of america are we seeing the next chapter or even the the i guess the final plans of uncle america's chance or are they being sealed in completed before our very eyes right now i think. oh i think last night in particular was an extraordinary the last 24 hours was an extraordinary sort of move movements on the chess board if you like and it's a funny thing isn't it because we think of angle a miracle as somebody who's a very inclusive politician who's not really a power player necessarily she just does the logical things she often sees it and it's all very soberly done but actually when you stand back and look at where we are now as you say angela merkel seems to actually strengthen her position in the midst of all this she's now at the center of this nexus she's got her process in the defense ministry as i say poised if not exactly already placed to become a successor she's got closer life o

ground now as before greeks head to the polls to elect a new prime minister just days after christine legarde one of the figure heads of the european austerity that pushed greece to the brink of collapse is tapped to head up the european central bank coming up to show election time in the cradle of european democracy where every 3rd person is now at risk of poverty we go to athens to investigate the front lines of european union new liberalism. and on the day of europe's largest exhibition on palestine we ask our member and keynote speaker. the israeli government and u.k. . lobbying groups are trying to shut the event down last with over a 1000000 people expected to take to the streets of london today to celebrate pride we speak to britain's 1st out muslim drag queen messy for love or about growing up as gay on the fast track and fighting for equality under theresa may all of the more coming up in today's going on the ground the 1st how out of touch is u.k. labor leader jeremy corbin while his calls for a civil service inquiry demonstrate he may now understand there may be a deep state attemp

been found guilty by a french court of negligence when she was the country's finance minister christine legarde had denied accusations which said she allowed the misuse of public funds over a 400000000 euros state payout to a business tycoon the tapped new head of the e.c.b. is also notorious for backing austerity across europe in britain austerity is linked to hundreds of thousands of preventable deaths back in westminster he has long time crusader against austerity jeremy corbyn showing his impatience this government mr speaker is now an irrelevance the 2 candidates is it see. the 2 can do. to succeed her i've only got fantasy plans since she and her successors have no answers doesn't the prime minister except the best thing to do would be to go back to the people and let them decide which way we go perhaps one can forgive corbin his impatience on like drazen may and labour's blairites he opposed u.k. involvement in the nato destruction of africa's richest per capita country libya that's libya where airstrikes continued this week and unlike tories he backed the humanitarian treatment of child

ground now as before greeks head to the polls to elect a new prime minister just days after christine legarde one of the figure heads of the european austerity that pushed greece to the brink of collapse is tapped to head up the european central bank coming up in the show election time in the cradle of european democracy where every 3rd person is now at risk of poverty we go to athens to investigate the front lines of european union neoliberalism parity and on the day of europe's largest exhibition on palestine we ask our present member and keynote speaker if you use of job or even why the israeli government and you table being groups are trying to shut the event down with over a 1000000 people expected to take to the streets of london today to celebrate pride we speak to britain's 1st out muslim drag queen messy for love or about growing up as gay on the facts and fighting for equality under theresa may all this of all coming up in today's going on the ground the 1st how out of touch is u.k. labor leader jeremy called and while his calls for a civil service inquiry demonstrate he may now und

this is the business on account of as well come but 1st we'll christine legarde become the next chief of the european central bank e.u. leaders in brussels are still tousling over who will get the top jobs in the union today is already marks the 3rd day of deliberations with so far little results and little unity over who should head the european commission will become its top diplomat but is there no a breakthrough over who could become the new president of the european central bank with the leg up the current head of the international monetary fund is being floated for the position now let's get the latest on this from our correspondent in frankfurt where the e.c.b. is based on a doozy what are you hearing there in frankfurt would she be a good choice. she would definitely have to have the right credentials hard with her background as a french finance minister who never gated her country through the financial crisis and of course with her background of being the i.m.f. managing director and chairwoman in terms of her monetary policy positions her likely positions i have to say there

bringing with her a wealth of experience and a reputation as a trailblazer for women in 2007 christine legarde became the 1st female finance minister of france an experience that french president emmanuel mccall says could benefit her as e.c.v. head. she was the finance minister at a time when it was particularly complicated as she faced the biggest financial and sovereign debt crises of the last decade. having earned credentials for shaping the french response to the financial crash she went on in 2011 to become the 1st woman to head the international monetary fund her biggest challenge in that job handling the greek debt crisis. but her career has not been without controversy in 2016 a french court convicted her of allowing the misuse of public funds legard was neither sentence nor find the i.m.f. stood by its director. on twitter legard said she was honored by the nomination to head europe's most important financial institution during the nomination period it will fall on her deputy david lipton to take over the reins at the i.m.f. . responding to news of his boss's likely departure he said

welcome but 1st will christine legarde become the next chief of the european central bank e.u. leaders in brussels are still tousling over who will get the top jobs in the union today's already marks the 3rd day of deliberations with so far little results and little unity over who should head the european commission or become its top diplomat but is there no a breakthrough over who could become the new president of the european central bank with the leg up the current head of the international monetary fund is being floated for the position now let's get the latest on this from our correspondent in frankfurt where the e.c.b. is based contribution corner.

belgian prime minister sharon michelle as the new president of the european council you mentioned christine legarde for the european central bank she's already said that she's temporarily stepping down from her current post at the i.m.f. and also your support. from spain for the position of a representative for foreign affairs and security policy barbara just also we heard an american speaking a little while ago and she said that she had stain from the decision concerning fund and line her current defense minister here in germany do we know why ships. yeah because it's germany get the top job and then it's sort of like good manners to step to the side and say ok you sort of figure out where the you want to go and put. the on the table here at this point it's how it's done if you want to behave gentlemanly and that's.

the nominee to head to the european central bank christine legarde has announced she will step down as managing director of the international monetary fund in september lagarde has already given up her day to day duties with the i.m.f. which coordinates global monetary policy u.s. economist david lipton the serving us acting director gart would join the e.c.b. in november if confirmed identifying her successor at the i.m.f. is likely to be a focus at a meeting of g 7 finance ministers in france this. that what can you do when you want to buy a lamborghini but you can't get one or can't afford one well some turn to fake police in brazil say they've just shut down a clandestine factory that was producing fake ferrari's and sham lamborghinis the cost were offered on social media for $45.00 to $60000.00 that's still a lot of money but just a fraction of what the real thing what cost you brazil isn't the only place where you can lay hands on your dream car. this engineer has stolen the show at this terror on tech fare but that's not all he's stolen shots must be spent 4 years building his d

wouldn't have seemed to dangle americal so she said all right we'll have the the french lady christine legarde running the central bank and a german running the commission and that's a nice sort of franco german balance that works for angela merkel and as i say the closeness between these 2 of these 2 women formed a line in merkel will of course strengthen angela merkel's position in europe even in the last years of her chancellor let's pick up one of those points of it with max hoffman there in strasburg this idea of a deal having been done people look at this and see it as potentially anti-democratic the idea that heads of government got together and said well if it's not it's not it's not it's not him it could be here what about her talk us through give us a flesh out this idea of the balances that have to be struck the countries the politics the genders. well we can also talk numbers here which gives you a sense of the balances as well as enough on the needs 374 votes to have the absolute majority which it takes but her party the european people's party only has 182 votes and she's not eve

belgian prime minister sharon michel as a new president of the european council you mentioned christine legarde for the european central bank she's already said that she's temporarily stepping down from her current post at the i.m.f. and also your support. from spain for the position of a representative for foreign affairs and security policy barbara just also we heard an american speaking a little while ago and she said that she had stain from the decision concerning fund and line her current defense minister here in germany do we know why ship state. yeah because it's germany getting the top job and then it's sort of like good manners to step to the side and say ok you sort of figure out where the you want to go and put. the on the table here at this point it's how it's done if you want to behave gentlemanly and that's all you could say to that so she would sort of show the others that she is not pushing this german candidate that she sort of gives them you know gives them leave to make up their own minds and saying ok can we live with her would be like her in that job so it was probably a cl

minister ursula von delenn is due to become the new president of the european commission and christine legarde currently head of the i.m.f. will become the leader of the european central bank if the european parliament agrees to both candidates.

all this from brussels to women with the significant jobs one name we already know of course christine legarde apparently she's going to be now the head of the european central bank the daemon also. under libyan obviously german and she is going to be the new head of the e.u. commission tell us more about what other names you're you're aware of. well that's right those names you just mentioned were picked up on by. the head of the you council just now he was he said that europe is a woman after all and making making highlights of the gender balance in these nominations from the lion has been germany's defense minister for 6 years she's a very experienced politician but the contentious point really apart from the fact that she's. expressed federalists sentiments. in public which is a no no for some people in brussels and a good thing for others is that she is from the center right the european people's party she is a member of chancellor merkel's c.d.u. in germany but not just her nomination but also the 2 highest ranking vice presidents of the european commission according to donald tusk will

well liked at nato where she's been you know a constant figure there as the defense minister christine legarde also has a has a good great deal of confidence from abroad i don't think so many people know just burrell as the as the foreign policy rep shall michel prime minister of a quite small country but i think the rest of the world will be satisfied with at least these 2 powerful incompetent women at the top and everyone will be relieved that the process is over at least for the next 2 weeks until the european parliament has its say. force in brussels thank you. all right we've got some other breaking news right now a sicilian court has released the german skipper of a migrant rescue ship who had been under house arrest see what captain koroma rocket was taken into custody on sunday after forcing her boat which was carrying 40 migrants into port on the italian island of lampedusa in doing so she collided with a customs patrol boat italian interior minister mateo salvini said that he had hoped for a tougher response from the italian justice system. here is some of the other stories now that

well i think some people may have been surprised by it because christine legarde has never been the head of a central bank and i think that most people who would have been considered for the position in the 1st place for example vitamin a the german of the german central bank would have been would have held this job in the past that said having steered the i.m.f. through some very rocky waters i don't think anybody's really worried about her or worried that she will face opposition in the european parliament when when the nominations come up for a vote in a couple of weeks time you know i said terry that these nominations are a balancing act or maybe we could even describe it as a juggling act to me what factors went into these nominations. yeah i think of it more like like a chess board brant because every time you move one piece you've got to look at where the other pieces are going to move when the leaders are looking at who they're going to name to these jobs they're trying to balance not only gender which has been done very successfully now but also geography the north and the south

medical legacy here we're going to have the 1st woman as european commission president and with christine legarde we're going to have the 1st woman as head of the european central bank is this what we're seeing tonight part of a miracle legacy coup. well i don't know about a coup exactly but i do think tonight is turning out to be the night when angela merkel sort of sets some of the cone to those of her legacy i mean you've got this powerful woman on the line in the top. job and we're also seeing tonight replacing her as defense minister here in berlin another key merkel ally so you know a lot of shuffling around talk about that in just a 2nd but human eyes i mean we've talked many times about one of the biggest criticisms of the european union that there being a different democracy deficit here in that people really don't understand how people get elected there's little transparency me ask you melissa is this something for a global audience is the election aversive on the line is it going to reinforce that impression that things are opaque and undemocratic in your within your exporters that my

head christine legarde to become the new president of the european central bank or yesterday the guard tweeted this i am honored to have been nominated for the e.c.b. presidency in light of this and in consultation with the ethics committee of the i.m.f. executive board i have decided to temporarily relinquish my responsibilities as i.m.f. managing director during the nomination period. let's take the story over now to washington d.c. i'm joined by our correspondent helen the home for good evening to you helen guards nomination is unusual in a couple of ways she is a woman and she has no experience as a central banker and both of these together and what do we have. a strong advantage perhaps friends i don't know certainly she'll be a breath of fresh air addressing firstly the fact that she's not an economist by training well i think the record now speaks for itself having led a multi doctrine organization the i.m.f. with its 189 members successfully but certainly has skills all as a diplomat and a communicator i've attended many press conferences at the world economic forum annual meet

placed to become a successor she's got closer life on the line there in brussels and she's got christine legarde at the the european central bank angle a miracle is not finished yet but we know that this is her last she's only got a couple more years to write and people are concerned about whether or not she'll be able to finish that term and there have been concerns with episodes of shaking in public with the german chancellor today her office the chief of staff of her office said the chancellor has been given a clean bill of health and it was important for that announcement to be made wasn't it was because she has had these these these health concerns over the last few weeks we've seen these shaking incidents where she's been seen sort of trembling really when she's had to stand still and they've tried to say that it's a psychological effect rather than any nervous problem or any other more serious health problem as you say helga brown the chance 3 ministers come out with an end of each day he said he said she's in good health and she'll of course term until. 2021 and that's important that she

and regarding our top story the nomination of christine legarde for the presidency of the central european bank so right now what do we need to know about her and what does this mean for the future of the eurozone at a time of significant tensions within the e.u. and with the u.s. . thank you 1st of all for having me let me respond about mrs lagarde she really is part of the power elite in europe the financial leaders the political leaders she's been that in that position for many years so i wouldn't expect any dramatic shift or change from her taking the reins of the european central bank i think your other point is key they have a set of problems now that i wouldn't wish on anyone least of all her but here they are these are going to shape whatever it is she does the breakaway of great britain one way or another that's going on the disunity among the europeans the end of the regime of angela merkel in germany the war between the united states trade war with china the the need of the president of the united states to start beating up on europe now that he's finished with these tower of wa

to become a successor she's got a close eye life on the line there in brussels and she's got christine legarde at the the european central bank angle a miracle is not finished yet but we know that this is her last she's only got a couple more years to write and people are concerned about whether or not she'll be able to finish that term of their big concerns with episodes of shaking in public with the german chancellor today her office the chief of staff of her office said the chancellor has been given a clean bill of health and it was important for that announcement to be made wasn't it was because she has had these these these health concerns over the last few weeks we've seen these shaking incidents where she's been seen so the trembling really when she's had to stand still and they've they've tried to say that it's a psychological effect rather than any nervous problem or any other more serious health problem as you say how the brown the chance 3 ministers come out with him to be today he said he said she's in good health and she'll of course serve out her term until. 2021 and that's impor