or markets man conrad burns and frankfurt has more on this conrad japan has been heavily hit by the pen demick what exactly has investors they're so upbeat. so kristie optimism in japan is really driven by what's going on outside japan the country itself struggled with strict lock downs in the major cities with you know office staff to work from home restaurants closing at 8 pm and of course there's the discussion about the tokyo elim pigs which would merely cancelled and now will only take place without visitors all this has not been very positive for sentiment of course on the other hand japanese businesses are expecting capital expenditures to be raised this year by 3 percent that's not a bad number and then there is exports of course the major focus of japanese businesses and here well the recovery the strong and swift recovery of the economy in china is giving reason to be optimistic as well as and you mentioned it already at the trillion u.s. dollar plans by the u.s. president to be spent on infrastructure conrad one wonders though how sustainable this optimism can be with countri

our markets men conrad booze and frankfurt has more on this conrad shares in tokyo gaining on the news of the tank and report and sentiment in frankfurt is also. quite good tell us more well a lot of this has to do of course with joe biden's ambitious plans for the u.s. economy he wants to spend a lot of money on infrastructure you know you bridges new roads also foster high speed internet and of course many german companies hoping to profit from this manufacture is like siemens for example and let's not forget the european union 2 plans to spend big 750000000000 euros on the pandemic recovery father called next generation e.u. so far not one cent of the money has been spent but it for sure has done a lot for sentiment on the trading floors. on the other hand we see a discussion in germany over a possible new severe strong lock down infection numbers are on the rise why does this not seem to have an impact on the markets. many investors are pretty confident that the measures here in germany which were which were put in place to give the economy support will work that they will allow th

on me conrad was one of the journalists investigating those business holdings she joins us now in the studio now me tell us more about what you've uncovered and how you were able to uncover this so we were basically given access to a huge trove of commercial documents company registration documents loan agreements thousands and thousands of them we managed to build these into an indictable such a database and there we found that the son and daughter of the army chief actually in control of several companies some of these of were already known we found 3 additional companies and i mean you have to you have to realize that the army in myanmar i mean their control of a huge network of business is that this is just in addition to what we already know but it's interesting because it basically shows that the head of the army that his family is making a lot of money and controls a vast network spending lots of different enterprises how has the military been able to put itself in a position where it's now able to control large swathes of the economy so much of its history being a military dic

naomi conrad was one of the journalists investigating those business holdings she joins us now in the studio now i mean tell us more about what you've uncovered and how you able to uncover this so you would basically given access to a huge trove of commercial documents. company registration documents loan agreements thousands and thousands of them we managed to build these into an indexable such a database and there we found that the son and daughter of the army chief actually in control of several companies some of these of were already known we found 3 additional companies and i mean you have to you have to realize that the army in myanmar i mean they're being control of a huge network of businesses and this is just in addition to what we already know but it's interesting because it basically shows that the head of the army that his family is making a lot of money and controls a vast network spending lots of different enterprises how has the military been able to put itself in a position where it's now able sixty's in fact to be really opened up to democracy and 2010 so while the mi

months ago one conrad would be happy to offer skin classes to keep learning money. just like other professions in germany. differently if we don't understand hairdressers for example or in close contact with their clients but we're not allowed to give one on one outdoor lessons that's difficult to accept. normally conrad and his instructors would be teaching hundreds of children cross country skiing at the local ice stadium. but without clients in might have to close his business for good. how can you keep your chin up and bleak times like these. and i don't even feel like a host right now i have no guess. how i feel. a bit useless i suppose for life. right now there simply aren't enough guests for on ahead to entertain. but there's a silver lining at least now with so much free time on our hands on a can explore the gorgeous mountains in our region and hope for better times ahead . what you see here behind me is part of unesco's world heritage i repeat belgian beers really are recognized by the united nations as an intangible cultural heritage they're international

tourism than others let's go now to our financial correspondent in frankfurt contribution for more on this conrad good morning how hopeful should this news leaves europe's biggest tourist destinations good morning stephen well of course it depends on the region here in germany here in frankfurt for example people are actually waiting for time chinese tourists who return as we have the airport nearby many chinese tourists change flights there usually you know when there's normal travel conditions and then they often spend a day or 2 here in frankfurt going shopping and this is what you know many of the shop owners here in the city will tell you we need them back america is very important for in particular the mediterranean region you know americans love to go to italy to greece to the greek islands to turkey to the turkish islands but as soon as it gets to turkey they start to get nervous because of not only the you know the security things that you have in mind but also of course because of corona when it comes to you know the hotels themselves they've done a lot to you know have hygiene in place

on this. it doesn't pain me that i was with conrad. collecting of shoes and chaneljackets, i appear to have been ahead of my time. london now seems to be awash with people who have a thousand times more pairs of shoes. but nevertheless, i was certainly excessive in my consumption. i always had been when i was much younger, although i didn't have the budget. i was always having to write an extra article to pay for the jacket i had just got. so, this was not something new, it was just on a bigger scale. i think what was repulsive about my life — and actually, i rather resent being told i'm completely repulsive of my lifestyle, but it is probably a fairjudgment on your part — i think what was repulsive was that i wasted time, particularly in new york. because in london, you see, conrad was a proprietor. the parties he gave were all part of meeting people that the paper could then take advantage of, could interview, contacts, news department. but in new york, it wasn't like that at all. in new york, it was purely social. and it was a socie

angeles and i -- when i was in high school and first interested in cartooning, i got to meet paul conrad who is one of the giants of the field, three time pulitzer prize winner for "the l.a. times." he was most proud of the fact that he was the only koor toonist that made nixon's enemies list. so conrad opened the door to me that this is a viable career path which is sort of an odd career path, if you think about it. he was very encouraging and inspiring and then you start out in my teens and 20s, i would look around and, you know, i love the work of people at "the washington post," david lavine who is probably -- i don't know what's the right word. he was pivotal and very influential in the world of caricature. a lot of the -- you still see it in my work somewhat. some of these other works, like these really wonderful -- his name was head balltman. it was very similar to lavine. he was a master of the big head and the little body and the rye twist of another detail put in there. so lavine was an early influence of mine. that's where i fell in love with crosshatching. the bar is a wonderful collect

on to our employee. otherwise they risk losing their jobs. conrad a ginsburg now faces a grave task before the pandemic he was planning a new rental center nearby. the work there is nearly finished but today he has bad news for the workers. it's not through the 50 schools who are there the next big hurdle that we have to find a way to pay you what you finish your work we have to but we haven't earned a thing like this is able to those in 20. months ago one conrad would be happy to offer skiing classes to keep learning money. just like other professions in germany . frankly we don't understand hairdressers for example or in close contact with their clients but you're not allowed to give one to one outdoor lessons that's difficult to accept. normally conrad and his instructors would be teaching hundreds of children cross country skiing at the local ice stadium. but without clients in might have to close his business for good . how can you keep your chin up in bleak times like these. and i don't even feel like a host right now i have no guests. how i f

angeles, and when i was in high school, and first interested in cartooning, i got to meet paul conrad who is one of the giants of the field. three time pulitzer prize winner for the l.a. times. most proudly, i mean he was most proud of the fact that he was the only cartoonist that made nixon's enemies list. so conrad sort of opened the door to me that this is a viable career path which is sort of an unclear path if you think about it. but he was very encouraging and inspiring, and then, you know, you start out in my teens and 20s, i would look around and you know, i love to work with pat olive and her block at the "washington post," david levine who is probably, i don't know what's the right word, he was pivotal and very influential in the world of caricatures and in fact, a lot of the -- you still see it in my work somewhat, some of these other works, like these really wonderful, he signed this, but his name was ed vaultman, was very similar to levine. levine was a master of the fluid cross-hatch. the big bubble head and the little body and then the wry twist with some other little detail that

world heritage site that conrad had planned as his imposing muscly i'm perhaps too imposing when he died not even the outer walls were complete. the target that i missed out on. the tragedy was that conrad was not able to experience his vision because the kid is up and down the sea had the idea of building the largest church in the western world of the because he died before it was completed he was basically buried in an unfinished construction site. of honest 2. that was something new in the medieval contest of the cathedrals and emperor who built a gigantic burial place for himself and his dynasty one that could compete with the cathedrals of minds and von's. it was a symbol in stone of the emperor's self image one that may have grown in force due to the family's bitter experience and warms 2 but the ambitious plan initially remained in the building phase. because the jewels columned crypt the largest of its time was completed by the time of conrad's death it testifies to his optimism about the future. mankind to so bushfire and us it is of his you will not you could describe it like this he had this vision and the hot the faith the hope that he would be a

what conrad was a descendant of auto the great and this metra lineal descent was very important for the salient sense of their significance and they saw themselves in a long imperial tradition on its own. conrad was laid to rest in 1039 wearing a crown with the inscription sower of peace and benefactor of the city. his time as emperor coincides with the high point of medieval imperial rule the conflicts between the emperors and the pope's were only just beginning to simmer. and the cathedral which he had built as a worthy burial site. for himself and his successors was only just started. today had victims i think is the master builder of the world heritage site that conrad had planned as his imposing mausoleum perhaps too imposing when he died not even the outer walls were complete. he taught it like i missed out and. the tragedy was that conrad was not able to experience his vision because the kid hit us up in flanders he had the idea of building the largest church in the western world because he died before it was completed he was basically buried in an unfinished construction site while still a book of honest 2. that was something new in the medieval contest of the cathedra

on to our employees. otherwise they risk losing their jobs. conrad a ginsburg now faces a grave task before the pandemic he was planning a new rental center nearby. the work there is nearly finished but today he has bad news for the workers. it's not through the 50000 schools who are there the next big hurdle there we have to find a way to pay you what you finish your work we have to but we haven't earned a thing this is able to those in 20. months ago. conrad would be happy to offer skiing classes to keep learning money. just like other professions in germany . frankly we don't understand hairdressers for example or in close contact with their clients but you're not allowed to give one to one outdoor lessons that's difficult to accept. normally conrad and his instructors would be teaching hundreds of children cross country skiing at the local ice stadium. but without clients him i have to close his business for good. how can you keep your chin up in bleak times like these. and i don't even feel like a host right now i have no guests. how i feel. a b

on to our employee . otherwise they risk losing their jobs. conrad a ginsburg now faces a grave task before the pandemic he was planning a new rental center nearby. the work there is nearly finished but today he has bad news for the workers. through the 50 gun school see who are there the next big hurdle that we have to find a way to pay you what you finish your work we have to but we haven't earned this is april 2020. 1 conrad would be happy to offer skin classes to keep learning money. just like other professions in germany. frankly we don't understand hairdressers for example or in close contact with their clients but we're not allowed to give one to one outdoor lessons that's difficult to accept. normally conrad and his instructors would be teaching hundreds of children cross country skiing at the local ice stadium. but without clients in might have to close his business for good. how can you keep your chin up and bleak times like these. and i don't even feel like a host right now i have no guests. how i feel. a bit useless i suppose for light ri

on to our employees . otherwise they risk losing their jobs. conrad a ginsburg now faces a grave task before the pandemic he was planning a new rental center nearby. the work there is nearly finished but today he has bad news for the workers. it's not through the 50 schools who are there the next big hurdle that we have to find a way to pay you what you finish your work we have to but we haven't earned a thing since april 2020. 1 conrad would be happy to offer skin classes to keep learning money. just like other professions in germany. frankly if we don't understand hairdressers for example or in close contact with their clients but we're not allowed to give one on one outdoor lessons that's difficult to accept. normally conrad and his instructors would be teaching hundreds of children cross country skiing at the local ice stadium. but without clients him i have to close his business for good. thanks.

world heritage site that conrad had planned as his imposing muscly i'm perhaps too imposing when he died not even the outer walls were complete. the topic that i missed out on and that the tragedy was that conrad was not able to experience his vision to close the case it is obviously in the sea had the idea of building the largest church in the western world of the because he died before it was complacent he was basically buried in an unfinished construction site of a combo honest. that was something new in the medieval contest of the cathedrals and emperor who built a gigantic burial place for himself and his dynasty one that could compete with the cathedrals of minds and forms. wait it was a symbol in stone of the emperor's self image one that may have grown in force due to the family's bitter experience in volumes but the ambitious plan initially remained in the building face. the cathedrals columned crypt the largest of its time was completed by the time of conrad's death it testifies to his optimism about the future. mankind does it is a busy one not you could describe it like this he had this vision and the hot the faith the hope that he would be able

on to our employees. otherwise they risk losing their jobs. conrad akins baca now faces a grave task before the pandemic he was planning a new rental center nearby. the work there is nearly finished but today he has bad news for the workers. through the 50 schools who are there the next big hurdle there we have to find a way to pay you what you finish your work we have to but we haven't earned a thing since april 2020. months ago. conrad would be happy to offer skiing classes to keep learning money. just like other professions in germany . frankly we don't understand hairdressers for example or in close contact with their clients but you're not allowed to give one to one outdoor lessons that's difficult to accept. normally conrad and his instructors would be teaching hundreds of children cross country skiing.

on the continent leading to various lockdown measures. for market reactions to the fresh u.d.p. data here's our financial correspondent conrad booze. the number for germany's g.d.p. gross domestic product the indicator for our economy during the 1st quarter of this year was on the low side economy contracted but i have to say now what the market is concentrating on the economists here at the frankfurt exchange in germany's financial center is what's the economy doing now and everyone is talking about the recovery starting now and getting stronger as soon as more and more people in germany are vaccinated and are able to take part in everyday life again businesses of course are looking forward to this recovery recovery anxiously in particular services companies restaurants travel agencies also many retail shops . now to some of the other business stories making news germany and france receive 300000000 euros from the european union to cope with the effects of the pandemic germany says it will go to improving distance learning for students the money comes from the reactor program which has a size of 55000000000 euros egypt makers are i

ground on tesla the new model has a range of 770 kilometers and fast charging capabilities but of course won't come cheap with the price expected to start at around 100000 euros correspondent conrad booze and has been speaking to diamond boss. the e.q. this ushers in a new era for us and this one bowed to sign very spectacular very futuristic was an opportunity to in a way reinvent the invention and it goes by the logic form follows function we do it for efficiency reeson what markets are you targeting china the us europe germany this is really a car for the world we can see that the electric segment and the demand for better electric vehicles is developing a lot of momentum so traditionally the segment china is our biggest market that it will be important for china but in europe in north american and other markets around the world we also see very good opportunity for this vehicle to develop china is also more advanced in expertise how important is it to have germany as a base for this kind of expertise. all the regions major regions of the world are picking up speed in terms of adoption of electrification especially in germany we had a phenomenal 2nd half of 2025 started with a

on social media. from all its bring in conrad financial correspondent in frankfurt just as strong financials and actually just about cars all day there's also this investments in bitcoin that they've been doing yes that's true absolutely since you go now and said it would accept big calling as a payment for its cars. calling has been playing more and more important role in the currency portfolio that tesla handles it also has sold $23272000000.00 worth of cowen and that has contributed to a large pod to the very positive increase in revenue and net profit tesla has just posted it doesn't say of course what's going on in the car business there that that was at least not new enough to inspire trading for the tesla shares here in frankfurt they are pretty much flat a little bit on the bounce side. but for electrical make is everywhere there are of course still challenges how big is the impact the chip shortage for example in the lack of electric vehicle infrastructure. well all of the german com makers have said that they have problems due to the worldwide chip shortage which of course has to do with the fa

close contact with their clients but we're not allowed to give one to one outdoor lessons that's difficult to accept . normally conrad and his instructors would be teaching hundreds of children cross country skiing at the local ice stadium. but without clients he might have to close his business for good. how can you keep your chin up in bleak times like these. and i don't even feel like a host right now i have no guess. how i feel. a bit useless i suppose for light right now there simply aren't enough guests for on a headline to entertain. but there's a silver lining at least now with so much free time on our hands on a can explore the gorgeous mountains in our region and hope for better times ahead . what you see here behind me is part of unesco's world heritage i repeat belgian beers really are recognized by the united nations as an intangible cultural heritage they're internationally beloved and the belgian brewers also makes a really creative drinks gregoire baton is one of the experimental types and even if his beverages aren't to everyone's taste more and more beer drinkers are very happy with the result. prep

coincided with new coronavirus fire it's arriving on the continent leading to various lockdown measures. are let's bring in carbo's in frankfurt conrad put this figure into perspective for us. well 1.7 percent decline in the 1st quarter that's a bit more than what you know a majority of economists at the stock exchange on the financial markets had really predicted but other numbers really what counts can we really make the numbers the leading guide line at the moment when you can when you do make decisions for investments on the markets i think what's really important is the psychology behind it shows that really all germany is in the waiting hoping that the lock downs are really over more and more vaccinated people are able to take part in everyday life again will we then have a recovery and at a strong and with the recovery be as strong as everyone predicts can also the question of whether this figure captures realistically the economic damage when so much of the service sector in so many countries is closed for example here in germany the restaurants and retail have been closed for months. that's right and that is of course someth

correspondent conrad who isn't in frankfurt conrad good morning what are we expecting from these figures later today. good morning steve and the numbers are expected to be on the downside of one and a half percent decline for the 1st quarter is being accepted expected people now at the exchange are really talking about what's going on at the moment in the current quarter and they are all predicting that the recovery is about to start the more we have people vaccinated them all those contact sensitive sectors of the german economy restaurants theatres and said trust can reopen. there's been some debate recently over to what extent these g.d.p. figures these growth figures really reflect the state of the current german economy for example what do you tell us about the difference between say industrial output and the service sector. yeah it's really a split picture at the moment we have on the one side really a strong recovery of the manufacturers in germany many german you know machines are in demand auto cars are in demand the fine technology made in germany that we sell so well was wide is really in great demand as asia has restarted its economy so quickly

one of australia's greatest swimmers has died at the age of 78 john conrad's 26 individual freestyle world records to win the 21500 metres voice even turned 15 he also won a limp gold in the 1500 metres freestyle in 1960 conrads learned how to swim in the australian migrant camp after emigrating from latvia following the 2nd world war one trophy down and 2 more to go for munch city bouts according to pep guardiola after his side won a record equalling 4th consecutive league cup final says he will now turn their attention to wednesday's champions league semi against paris as a man full of confidence after their one nil victory over tottenham at wembley stadium says the victory took on extra significance because it was in front of more than $8000.00 fans. but they represent all the people in the season so. yeah sherry with them sounds very. good noise is better of course there is a way we do that is for them it was a dramatic sunday in the lowly get title race leaders atletico madrid suffered a shock defeat against athletic bilbao diego simeone his men were stunned to want to weigh in

conrad: great question. i think a lot of that has to do on the progress for the virus and vaccinations. one of the big issues is that in some of these service-related industries in the areas where there are shortages, people are scared to go back to work. as there is a high degree of vaccinations and the virus gets out of control, those people will be willing to go back to work. there are other areas that might be more resistant. the transportation area for example. we will have significant backlog of demand and obviously that requires higher levels of training and experience. in areas like transportation and logistics areas it will be important. i think those shortages will be long-lived. but you touched on another point when he talked about inventory. we are looking at this strong demand to the second and third quarter, predominantly driven by the consumer. as you said, inventories are being run down and going into this, inventory levels are already too low. they have gotten even lower. as we move forward through the year, i see a passing off of the growth to the production and invent

conrad we just heard about u.b.s. and in the world there who else has been hit. good morning zermelo many many banks have been hit pretty swiss is the one that has been the hardest hit had to pay 5.5.5000000000 u.s. dollars in write offs and in damage to the arcade costs investments no more robust number $2.00 number 3 small can stanley number 4 well at least among the following banks is u.b.s. its revenue hit was $774000000.00 storage bank says that it itself has already suffered in material damage whatever that is and that after having sold a very urgent and quick sale for being here of dollars worth in sales in shares well at the end dave what matters for banks is of course the bought the bottom line and we had several banks come out with their earnings reports this week how much of an impact did our keiko's have on the. well they got to feel everywhere they got mentioned everywhere they got you know. attached with price tags but not always price tags sometimes they were just mentioned h.s.b.c. the large british bank report of the 79 percent profit. you know the recovery of the pandemic and by the way also u.b.s. posted strong profit

largest of its time was completed by the time of conrad's death it testifies to his optimism about the future. when come to so bushfire and us it is a busy one what you could describe it like this he had this vision and the hot the faith the hope that he would be able to make it succeed the alpha and that this idea would be adopted by others that he could kindle the idea in them as the myth is a kind. in 1061 the salience prestige building was consecrated in all its romanesque rory. but just 20 years later came a surprise the new sally an emperor and rid the 4th ordered most of the new cathedral to be demolished. he wanted it to be even larger and more imposing and above all more sophisticated in its design . what a hellish defer to have this list and not in the highest everything changed and then written for the tiger to storm us up that he tore down large parts of the cathedral and rebuilt it in another shape because the fan on we can see the biggest change here in the apps which changed from having a straight end to a semicircular one in good. to carry out the transepts were taken down all the way to the stone work and changed in that dep

conrad murray. i mean, you could. but hookers hook, breeders break blues thanks drink. if someone heard somebody else, then you can have kittens. until then, let's keep beating up on when people in the economy are healthy, we can have a good time without that loss. at the middle. speaking of regulation robot, denver is letting the drinks flow freely. the capitol finalizing rules to create entertainment districts for people can openly carry their booze. georgia will help him governor brian kent sitting on a bill that would make cocktails permanent across the state. people are probably liking that down there. all drinks to go, shot in the arm struggling, bars and restaurants desperately need. this is a great issue because there are a lot of democrats, senator from hawaii who says normally i am broke regulation some of these laws are really stupid and the covid pandemic has shown them to be archaic. what you think? >> i certainly agree. i think i agree with you, i like drinking in public as well a lot of businesses have done really good job and i think we will see he's businesses going forward especially these regulations because regulations keep doing that in terms

on the. net see the results. very nice indeed well back in the late 1950 s. in doesn't doff when west germany is 1st chancellor conrad i dunno i had campaign posters made with the slogan no experiments a certain young hines took offense at that conservative sentiment and so he took a can of paint and he blackened out the no on every poster that he could find all the prank earned him a night in jail but the attitude stuck with him and made him a pioneer of the album garde art scene in germany. light is a defining element in hind smocks work each day he works in his light filled studio he places paints alongside each other blends them mixes them together. and looks to see how the light makes the colors glow. since the 1960 s. mark has lived on this former farm from the 16th century surrounded by plenty of greenery and his own sculptures. turned 90 years old last month. i get up at the same time every day i don't need an alarm clock i have an inner clock that has set itself then after breakfast i go into my workshop where i studio usually for about 3 hours until lunch since the age of 85 allowed myself a 20 minute nap a

conrad, philadelphia, pennsylvania you are next. caller: [indiscernible] -- to help the cities. [indiscernible] i'm 59, this stuff has been going once i was 14. i think the problem is, [indiscernible] these guys is fighting on these corners over drugs. selling drugs, making more money, because they don't have any money. if you give a good paying job -- i guy that has three or four kids can't work like that. -- [indiscernible] raising four kids, what do you expect the guide to do? he doesn't have a job, money, or income. so they go out and rob people. the first thing they have to do is raise the salary, the pay scale. we can't go to other countries and tell them what to do. we tell them what to do and what to say, don't do this or that. it's real easy. -- >> your signal is breaking up a bit. we got your perspective and thanks for calling in. james hopkins on facebook saying a community means a city, charlotte statistics and violence/property crime is up. if it means neighborhoods, mine appears safe and i walk around and interact without trouble. i don't think they keep statistics on corporate crimes. apologies if i mispronounced yo

conrad. i'm with water climate trust. thank you to all the presenters. thank you to city for all you have done to conserve water. i'm glad today we focused on what a.g.can do. i heard a comment where we're not land of low-hanging fruit maybe we still are. there are many parts in the state even in the central valley where flood irrigation is wasteful. not just with conservation but just eliminating wasteful and unreasonable use of water. we could make up any shortfall. i would like that city model by sfpuc and everyone else in involved. in addition to modeling, how you all can justify the opposing bay-delta plan. the position you are taking is is for california salmon. i know that's hard to hear. it's not necessary. the bay-delta flows are already compromised. barely possibly recovery path. let's just look at what a.g. can do to balance the equation so it does not have to be salmon. does not have to be. thank you all. >> thank you for your comments. caller, you have two minutes. >> hi. i don't represent any groups. i'm a citizen within san francisco. i want to thank the commission for holding these meetings and for be willing to have dialogue and also