that's true but the e.c.b. had a couple of things to say which were new and which were quite interesting for the markets for example the e.c.b. said and i quote this because it sounds a little bit complicated it will continue reinvesting in full the principal payments from maturing securities it purchased under the asset purchase program for an extended period of time and past the date when it starts raising the key e.c.b. interest rates which means at least until the summer of twenty nine excuse me twenty nineteen of course next summer and this means yes the e.c. b. is ending its money printing at the end of this month it's not going to print fresh money and buy bonds for this money but it will continue to buy bonds whenever some of the bonds that it's holding expire the money that it gets from you know this expiration will be reinvested in bonds and this means that of course the e.c.b. is making this phasing out of its quantitative easing program very very slow critics of this policy many of them here in germ

well the e.c.b. says that money will be cheap for quite a while but eventually interest rates will rise and for traditional european banks this means they can return to their traditional business model which heavily relies on interest rates on the frozen in frankfurt thank you very much is it a tit for tat chinese authorities are now investigating another businessman from canada michael spat over is the second canadian citizen to get in trouble with chinese authorities after beijing detained former diplomat michael couric on monday the two cases appear to be retaliation for the detention of men one jole high level chinese executive and c. of o. us on maker while way by canada on a request from the united states the whereabouts of mr spock war remain unclear. this is businessman michael spade and this is what he is known for bringing people together in this case foreign athletes to pyongyang to play the north korean hockey team he is a canadian businessmen with a cultural exchange company based in the

the exit b f route side who would those months at the moment the e.c.b. has been fulfilling the mandate that it has for the whole eurozone well financed. it is now pulling back from financial relief for southern europe to fulfil its monday at both northern and southern european countries that we can e.c.b. has proceeded with caution allowing the markets time to adapt to more expensive financing for now the main question is whether the e.c.b. will raise the interest rate next year. and finally japanese have been flocking to retailers to stock up on what has got to be one of the world's most elegant new year's gastronomical rituals it's all about sumptuous boxes packed with traditional foods often delicacies such as caviar and truffles a lack of boxes sometimes with two or fried les is called. the most luxurious ones at the pump and store in tokyo can sell for nearly fifteen hundred dollars. if you're watching the daily news from berlin will have more for you next hour see than. to do an ensuite are transforming the world humanity ready for it. this time. c

dollars and other market moving news the e.c.b. lowered its official euro zone growth projections for twenty eight thousand and twenty nineteen earlier today e.c.b. president mario draghi quite remarkably claimed or conceded i guess at times that the policy has been quote the only driver of this recovery mr druggy also reflected on the upcoming twentieth anniversary of the introduction of the euro calling it an occasion for quote candid and close introspection that could inspire

that's true but the e.c.b. had a couple of things to say which were new and which were quite interesting for the markets for example the e.c.b. said and i quote this because it sounds a little bit complicated it will continue reinvesting in full the principal payments from maturing securities it purchased under the asset purchase program for an extended period of time and past the date when it starts raising the key e.c.b. interest rates which means at least until the summer of twenty nine excuse me twenty nineteen of course next summer and this means yes the e.c. b. is ending its money printing at the end of this month it's not going to print fresh money and buy bonds for this money but it will continue to buy bonds whenever some of the bonds that it's holding expire the money that it gets from you know this expiration will be reinvested in bonds and this means that of course the e.c.b. is making this phasing out of its quantitative easing program very very slow critics of this policy many of them here in germ

so have central bank has really done a good job i think they've done of the funny thing about the e.c.b. is that specially in germany the pressure or the criticism from the german politicians has very very often been that the e.c.b. should start normalizing much more so there maybe this is the only country where there has been criticism on the central bank to to run to lose muntari policies so right now we will see as the e.c.b. will try to normalize very gradually it's voluntary policy which which is not good news for all of the european governments because it will increase pouring cost it also means that the other european governments will have to implement structural reforms and maybe we will have to talk about loser fiscal policies something we currently do see in france and italy. cost. chief economist that i and you dave are joining us from frankfurt thank you very much. of course and canada has sponsored bails of the chief financial officer of chinese telecoms john wall way among one's . companies found and now waits a hearing for extradition to the us mom was arrested earlier th

believes the eurozone economy no longer needs a central bank support to grow in total the e.c.b. has both governments and colbert bomb's worth two point six trillion euros since the program started in march twenty fifth back then the eurozone was grappling with a weak economy and deflation critics say the program that governments simply minimize borrowing costs instead of making the forms all that. i asked our financial correspondent in frankfurt where the markets of price in the end of one is easing already. yes they are the talk about this has been going on for the not very very long time and you know get hot the e.c.b. it's not ending it's super news monetary policy in one moment it's just not printing you money to invest it in bonds bonds that the e.c.b. is already holding when they expire the n.c.p. also in the future is going to invest money in those in the following bones of the same kind which means that this ending of the monetary policy this super loose monetary policy is going to be a very slow phasing out from argues that. to britain well after winning a no confidence

the european central bank has won a landmark court case ruling the e.c.b. did not violate any you lot by fine government bonds during the financial crisis the central bank is not allowed to directly fund government spending but the court of justice of the european union found nothing to show that the bond buying program exceeded the bank's mandate in twenty ten the e.c.v. bought bonds from greece portugal and ireland for the first time spending sixteen and a half billion euros to prop up those countries a year later the crisis was nowhere near over so the e.c.b. got out the wallet again such as state debt from another two southern struggle is spain and italy in twenty twelve the central bank started printing money to boost the week of euro zone companies and over two hundred and nine seen billion euros worth of bonds for them three years later the e.c.b. went on its biggest shopping spree a staggering two point six trillion euros worth of bonds from all over europe the aim to spending and investment. well john german plaintiffs were behind the case but the

court said on tuesday they found nothing to show that the e.c.b. is bunk buying program exceeded the bank's mandate in twenty ten the e.c.b. boards bones from crisis countries greece portugal and ireland for the first time spending sixteen point five billion euros for it to prop up those countries it is specially hard by the financial crisis here later the crisis was nowhere near over so the e.c.v. got out the wallet again to buy bonds from the heavily indebted euro zone members italy and spain in twenties wealthy easy really started from seeing money to boost the weaker eurozone countries and bought over two hundred nineteen billion euros worth of bomb bonds from them and three years later the e.c.b. launched the biggest bond purchases in program today with the quantitative easing measures they hope to boost spending and investment they began buying bonds from all over europe and spent a staggering two point six trillion euros on that well some fiscal conservatives had argued the e.c.b. overstepped its mandate with these purchases and filed a comp

net purchases under the asset purchase program will end in december two thousand and eighteen the e.c.b. has been buying government bonds as part of its quantitative easing program which was later expanded to include corporate bonds to make financing cheaper for companies the e.c.b. has spent a staggering two thousand six hundred fifty billion euros on bonds which it will be holding onto for now. be food decide who would those at the moment because obviously b. has been fulfilling the mandate that it has for the whole eurozone well financed. it is now pulling back from financial relief for southern europe to fulfill its monday both northern and southern european countries not. proceeded with caution allowing the markets time to adapt to more expensive financing for now the main question is whether the e.c.b. will raise the interest rate next year. a major challenge facing germany is catching up with digitize ation from high speed internet to the digital classroom europe's most powerful economy is struggling to adapt to the digital age unlike a study a small a you member state of the bal

our financial correspondent common bolzan is in frankfurt where the e.c.b. has its headquarters and has been following along today statements that it's good to see you well now we can say it's done the e.c.b. is ending its controversial q.e. and it's fair to say come about no surprises there. no surprises the european central bank is a very reliable communicator that's very important for the markets that we're not really surprises but i think it's worth mentioning a few statements coming from the european central bank along with the decision that q.e. quantitative easing those asset purchases would officially end at the end of the year the e.c.b. says and i quote this it will continue reinvesting in full the principal payments from maturing securities purchased under the asset purchase program for an extended period of time past the date when it starts raising the key e.c.b. interest rates now that might sound a bit technical it basically means that bonds that expire and that the you know european central bank is holding the e.c.b. will take this money and r

talking about the euro the e.c.b. is expected to end its super lose monetary policy today or at least announcing that they will end the markets prepared for that. yes they are the talk about this has been going on for a look very very long time and you know get hot the e.c.b. is not ending its super lose one of terry policy in one moment it's just not printing new money to invest it in bonds bonds that the e.c.b. is already holding when they expire the e.c.b. also in the future is going to invest money in those in the following bonds of the same kind which means that this ending of the monetary policy this super loose monetary policy is going to be a very slow phasing out on our business front with thank you. the european commission will not be allowed to relax the relax nitrogen oxide limits for cost it had made a rule change to permit high levels of emissions by the e.u. called ruled against it. and in favor of paris brussels complained about the planned amendment which would have. emissions to one hundred sixty mil

the e.c.b. is not ending its super lose one of terry policy in one moment it's just not printing new money to invest it in bonds bonds that the e.c.b. is already holding when they expire the e.c.b. also in the future is going to invest money in those in the following bonds of the same kind which means that this ending of the monetary policy this super lose monetary policy is going to be a very slow phasing out of a boost in front of thank you. and that's it's europe today you're watching the news live from berlin there's more news coming in the top of the hour of course. but stay tuned to the w. euro. masterpieces of our history. closely reinterpreted by to go. for unique style planes with patterns and brand name logos. creating details micro-cap images. and large format street art. roman. on the move. europe. what unites. what defines. the moment trudging. what binds the continent together the cultures and stories of plunging the. spotlight on people. sixty minutes on. in a timeless way to disc

believes the eurozone economy no longer needs central bank support to grow in total the e.c.b. has bought government and corporate bonds worth two point six trillion euros since the program began in march two thousand and fifteen the purchases were intended to keep the cost of borrowing down as credit locked up in a weakened euro zone economy critics say the program disincentive buys euro zone countries from making key structural reforms. saying in europe the board of french carmaker renault says it is keeping char carlos going as c.e.o. after an internal review of his of his pay package conform to a french law now that despite an ongoing criminal case against going in japan we're going with chairman of renault partner nissan he was arrested last month on charges of financial misconduct and under reporting his pay with a japanese carmaker the decision by renault is almost certain to place more strain on its already fragile partnership with nissan. to dispense with the climate conference this week in poland have been discussing a global timeline and framework for trimming harmfu

banks from financing government debt the end of the program comes amid uncertainty over whether the e.c.b. will raise interest rates next year. and one of the major challenges for germany is this but also next year to catch up with the digitalisation from high speed internet to the digital classroom europe's most powerful economy is struggling to adapt to the digital age unlike estonia the small each member states in the baltics has developed into a major digital hop in a still nia coding has been part of the national curriculum for years these children are learning how to program their own music software and games. high speed wife i if you pick wishes in the country in fact the government declared internet access to rice as far back as the year two thousand. here in germany on the other hand universal high speed internet still feels like a distant dream especially in rural areas. is the sort of germany is largely covered by forests some twenty percent in fact. so before we start delivering foxes and birds with high speed internet we need to do our homework and locate the villages and rur

is standing by to offer all the support that needs to be given mario draghi the president of the e.c.b. reiterated that last week right. in front thank you so much for the update. now china has a reputation for investing in developing countries especially in infrastructure like railways roads and airports now while some question beijing's motives locals often welcome the projects but china isn't the only country setting its sights on this kind of foreign investment india is building a rail line in the himalayan mountain nation off the pole in fact some say that china and india are playing a kind of monopoly in nepal vying for leverage and influence so what have they done so far now china is building two airports in the country as well as highways roads hydro power plants and a cement factory it india has also started investing in the company building hydro power plants and railings and what about the coal well it seems to be benefiting from the competition but it's also becoming more dependent on its neighbors to the north of the south. some residents of the nepalese city have john a p

valid gigantic e.c.b. money printing q.e. program will and after one thousand three hundred and seventy one days that was from march of two thousand and fifteen to december twenty eighth seen total money created two point six trillion euros that's per day and an amount equal to euro one point eight nine six point four two five nine six so almost two billion euros per day per person in the euro zone that equal to seven thousand six hundred fourteen euro's he asked everybody who did not receive this sum of money was robbed inflation is theft the thing that really interested me was that per person amounts seven thousand six hundred euros if you're not richer by that in those three years of love of money printing by the e.c.b. then that's been stolen from you that amount has been stolen from you francis coppola who is not francis ford coppola but a woman she's an economist in the united kingdom and she responded to my reach we what inflation i've pointed out just the quickest inflation that i could find which is from the actual e

dollars and other market moving news the e.c.b. lowered its official euro zone growth projections for twenty eight thousand and twenty nineteen earlier today e.c.b. president mario draghi quite remarkable.

dollars and other market moving news the e.c.b. lowered its official euro zone growth projections for twenty eight thousand and twenty nineteen earlier today e.c.b. president mario draghi quite remarkably claimed or conceded i guess at times that the policy has been quote the only driver of this recovery mr druggy also reflected on the upcoming twentieth anniversary of the introduction of the euro calling it an occasion for quote candid and close introspection that could inspire a future action on how to complete the monetary union. and ten cent holding of china has completed the initial public offering or i.p.o. for their spinoff music entertainment group raising a one point one billion dollars share of one up for sale the new york stock exchange yesterday at fourteen dollars per share ten cent music has seen growth pushing towards thirty percent this year helping the company to gain over rival spotify ten cents twenty five million paid subscribers still like far behind the eighty seven million paying listers that spotify claimed

valid gigantic e.c.b. money printing q.e. program will and after one thousand three hundred and seventy one days that was from march of two thousand and fifteen to december twenty eight hundred total money created two point six trillion euros that per day and an amount equal to euro one point eight nine six point four two five nine six so almost two billion euros per day per person in the euro zone that equal to seven thousand six hundred fourteen euro's he asked everybody who did not receive this sum of money was robbed inflation is theft the thing that really interested me was that per person amounts seven thousand six hundred euros if you're not richer by that in those three years of love of money printing by the e.c.b. then that's been stolen from you that amount has been stolen from you francis coppola who is not francis ford coppola but a woman she's an economist in the united kingdom and she responded to my reach we what inflation i have pointed out just the quickest inflation that i could find which is from the actual

the e.c.b. has a problem with this. it's q4 numbers will look difficult. what is comparable that europe will respond to, to try and prevent this happening? give us a sense of the size and scale of how far europe would to meet a trump -- auto tariffs imposed on them? >> they are throwing what they can against the threat. for ae seen appeals limited trade negotiation with the united states. it comes down to political will for the white house and how much they are willing to negotiate .hort of a free-trade agreement this is where you can talk about regulations, if the discussion sticks to those areas , that is probably europe's best chance at de-escalation. i don't think you will see that out of this white house that has been very persistent saying we need sectors like agriculture included in the negotiation. tole germany is willing negotiate on that, it will not get consensus from the flock -- bloc. thank you very much. on bloomberg check first world news. the price of oil jumped up. saudi arabia and russia extended their agreement to manage the market. they

raising that benchmark interest rate again three years ago step by step its counterpart in europe the e.c.b. has left it at zero since twenty seventeen. this will likely be the last hike in the u.s. for a while as well as economic prognoses for twenty nineteen are pessimistic eroding profits would make companies more dependent on credit that just grew more expensive . stock markets in the u.s. asia and europe are feeling pessimistic about the move to they moved into negative territory after the rise was announced. one last photograph many coal miners remain true to traditions even as the decade saw dramatic changes in the industry at a miners' association event in november they said a final farewell to the community where the industry has always played a central role it was a moving moment to trim hats and i'm a good man really hits you hard to realize that it's all coming to an end. a lot of the guys have tears in their eyes right now you know and. in the heyday of coal mining there were one hundred sixty three pits in germany manager your conclusion closed two of them possible hand is his

is standing by to offer all the support that needs to be given mario draghi the president of the e.c.b reiterated that last week. in frankfurt thank you so much for the update. the corruption scandal surrounding the state fund one m b d continues to intensify malaysia said of monday it has filed criminal charges against goldman sachs and two of the united states banks for employees goldman sachs has been under scrutiny for its role in helping raise six point five billion dollars in street bond offerings for one malaysia development back and to giving kickbacks to some malaysian officials in total almost half of the money is said to have been embezzled from the front. and you're watching news from ben more coming up at the top of the hour. the money. modeling upstream against hopelessness and the destruction of nature in one of cape town's forests destroyed some women come by to allow a little bit more medicine the president. this continuing club gets youngsters on the streets and interested in environmental protection. for the next d.w. . he's it's time to take trunks done to determine

budgets with those purchases of government bonds but the european court of justice says no as the e.c.b. has been buying those government bonds not directly from the governments but on the financial markets this has been a monetary operation within the mandate of the e.c.b. which is of course to keep inflation in check to keep prices stability in the euro area some clarity finally how did markets react was that ruling expected. well it has been expected i have to say but there has been also today a very warm welcome on the trading floors imagine get hot what would have happened if the european court of justice had said today that. the purchases all were illegal now that the european central bank is slowly coming to an end with this quantitative easing program if the e.c. the european court of justice had said today that this all has been illegal it would have caused a major shock on the markets so of course a majority of people on the markets are quite happy about today's decision. on our financial correspondent in france a thank you. the u.s. senate panel is set to grill google's c.e.o

believes the eurozone economy no longer needs central bank support to grow in total the e.c.b. has bought government and corporate bonds worth two point six trillion euros since the program began in march from fifteen purchases were intended to keep the cost of borrowing down spread it locked up in a weakened heroes of qana me critics say the program disincentive vies eurozone countries for making he structural reforms to those of us. saying in europe paris brussels and madrid each has been pushing for tighter auto emissions standards and that means they've been pushing against an effort by the e.u. commission to loosen nitrogen oxide limits today that use top court luxembourg sided with the three cities and that could be trouble for drivers of even most modern combustion engine cars. madrid is sick of polluted air much of it from car exhaust so the spanish capital has imposed driving bans allowing only residents cars taxis delivery vans and electric cars in the city center and restricting other vehicles especially older diesel models new diesel engines are subject to europe wi

valid gigantic e.c.b. money printing q.e.program will and after one thousand three hundred and seventy one days that was from march of two thousand and fifteen to december twenty eighth seen total money created two point six trillion euros that per day and an amount equal to euro one point eight nine six point four two five nine six so almost two billion euros per day per person in the euro zone that equal to seven thousand six hundred fourteen euro's he asked everybody who did not receive this sum of money was robbed inflation is theft the thing that really interested me was that per person amounts to seven thousand six hundred euros if you're not richer by that in those three years of love of money printing by the e.c.b. then that's been stolen from you that amount has been stolen from you francis coppola who is not francis ford coppola but a woman she's an economist in the united kingdom and she responded to my reach we what inflation i've pointed out just the quickest inflation that i could find which is from the actual e

i think they have done in the funny thing about the e.c.b. is that specially in germany the pressure or the criticism from the german politicians has very very often been that the e.c. should start normalizing much more so there maybe this is the only country where they have been criticism on the central bank to to run to lose muntari policies so right now we will see is the city will try to normalize very gradually it's voluntary policy which which is not good news for all of the european governments because it will increase foreign cost it also means that the other european governments will have to implement structural reforms and maybe we will have to talk about loser fiscal policies something we currently do see in france and italy concentricity the chief economist that i n g debugger on us from frankfurt thank you very much. that's all your business here's a reminder of the top stories we're following for you police are hunting for the gunman who opened fire near christmas market in the french city of strasburg on tuesday night and his t

is standing by to offer all the support that needs to be given mario draghi the president of the e.c.b. reiterated that last week. and from that thank you so much for the update. and figures out today show that industrial production in turkey is shot five point seven percent in october that's more than anticipated turkey's economy is struggling with a domestic currency crisis the lira tumbled as much as forty seven percent against us dollar in august g.d.p. expanded by only one point six percent in the third quarter rating agencies like fitch expect teka to slide into recession and the negative outlook could weigh on the upcoming regional elections. the situation in istanbul seems a bit more relaxed than two months ago back then the political differences with the usa caused a severe economic crisis inflation fell slightly to just under twenty two percent the value of the turkish lira has stabilized this was aided by the fact that the country's central bank raised the key interest rate to twenty four percent so is everything all right now not really exports rose by nine and a half perce

six hundred euros if you're not richer by that in those three years of love of money printing by the e.c.b. then that's been stolen from you that amount has been stolen from you francis coppola who is not francis ford coppola but a woman she's an economist in the united kingdom and she responded to my reach we what inflation i've pointed out just the quickest inflation that i could find which is from the actual euro statistics website the european union keeps all their own data and this is what they had on their own website and this is house prices across the euro zone i pointed out that's march twenty fifteen exactly when they started money printing quantitative easing from the e.c.b. member they were quite late to it house prices had been falling so they started soaring and she wrote back correlation does not equal causation. yeah yeah that's right that's that's how this whole thing got started and there's a economists she turns to go against anyone who who has a real world experience in the economy she's an academic she still if you tell or hey you know your house is on fire so quick lo

they are but the euro as we speak is going up just a tad behind the euro as of course the e.c.b. with all its firing power and while it's stopping buying bonds at the end of this year and just a few days it will continue to support the market with its other instruments and that's basically propping up the euro but of course there's a heavy mixture there the two biggest just second and third largest countries going against the financial stability rules germany having a hard time for vining leadership at the moment in the e.u. krohn losing his role as a reformer in the e.u. it's a difficult time and it could affect the euro going forward. in frankfurt thank you . going to asia with the corruption scandal surrounding the state fund one and the b. continues to intensify malaysians said on monday it is filed criminal charges against goldman sachs and two of the us banks former employees but the site has been under scrutiny for its role in helping raise six point five billion dollars in three bond offerings for one malaysia development years in giving kickbacks to malaysian officials i

raising that benchmark interest rate again three years ago step by step its counterpart in europe the e.c.b. has left it at zero since twenty seventeen. this will likely be the last hike in the u.s. for a while as well as economic prognoses for twenty nineteen are pessimistic eroding profits would make companies more dependent on credit that just grew more expensive . stock markets in the u.s. asia and europe are feeling pessimistic about the move to they moved into negative territory after the rise was announced. one last photograph many coal miners remain true to traditions even as the decade saw dramatic changes in the industry at a miners' association event in november they said a final farewell to the community where the industry has always played a central role it was a moving moment peter i'm hats and i'm a good man really hits you hard to realise that it's all coming to an end. a lot of the guys have tears in their eyes right now you know. in the heyday of coal mining there were one hundred sixty three pits in germany manager you can click closed two of them possible it's his third

raising that benchmark interest rate again three years ago step by step its counterpart in europe the e.c.b. has left it at zero since twenty seventeen. this will likely be the last hike in the u.s. for a while as well as economic prognoses for twenty nineteen are pessimistic eroding profits would make companies more dependent on credit that just grew more expensive . stock markets in the u.s. asia and europe are feeling pessimistic about the move to they moved into negative territory after the rise was announced. one last photograph many coal miners remain true to traditions even as the decade saw dramatic changes in the industry at a miners' association event in november they said a final farewell to the community where the industry has always played a central role it was a moving moment between i'm hats and i'm a good one really hits you hard to realize that it's all coming to an end. a lot of the guys have tears in their eyes right now you know. in the heyday of coal mining there were one hundred sixty three pits in germany manager you can click close to two of them possible it's his th

introduced back in two thousand and ten and response to the euro zone's financial crisis since then the e.c.b. has. some two point six trillion euros critics say the acid bond program violated rules that prevent central banks from financing government debt the end of the program comes amid uncertainty over whether they will raise interest rates next year. and a quick reminder of the top story we're following for you. it's farewell twenty eighteen and good day twenty nineteen a massive file let's display on sydney harbor bridge has seen the australian city become. one of the fust to ring in the new negiah. it watching the news live from berlin wall coming up at the top of the hour student . fees on fire. sale at ca is one of the world's most successful d.j.'s. in our special this week we made him backstage. i am going to try the show momentum and armadillo it in your mind's eye and even the. public space. we can't see. we can't feel it and yet it's everywhere. high energy radiation from space. what's the impact of it on our climate. and how dangerous is it for humans. space radiation. in forty

valid gigantic e.c.b. money printing q.e. programme will and after one thousand three hundred and seventy one days that was from march of two thousand and fifteen to december twenty eighth seen total money created two point six trillion euros that's per day and an amount equal to euro one point eight nine six point four two five nine six so almost two billion euros per day per person in the euro zone that equal to seven thousand six hundred fourteen euro's he asked everybody who did not receive this sum of money was robbed inflation is theft the thing that really interested me was that per person.

oh no euro zone no rules there it's the latter that he's chosen here so now are we going to see the e.c.b. and european commission crack down on france. we're just cruise down on italy and not. only is only a. prince is a three. man so it's really curious it makes it all shambles. alleged stability price yeah fair enough doesn't sound very stable to me meshad like thanks for being on the kaiser report max always a pleasure all right well that's going to do it for this edition of the kaiser report with me max kaiser and stacey i would like to thank our guest miche shad lock of list talk dot com if you want to reach us on twitter it's kaiser reported so much time by i'll. come. across the worst point to come along to jen's comedic on the football. impossible. to push. the system but what's joy when you. look at it. you know you don't. think you need to be you know. you get what you. preach is a purpose to your prostate cancer so. that when you respond to. someone you because. join me every week on the alex simon chill and i'll be speaking to guest on the world of politics sport i'm sure. i'

by ends oh oh oh no rules here it's the latter that he's chosen here so now are we going to see the e.c.b. and european commission crack down on france. we're just current down on italy and not. only is only your. friends is it three percent or so. it's really curious it makes it all shambles. alleged stability yeah fair enough doesn't sound very stable to me a mesh i'd like thanks for being on the kaiser report max always a pleasure all right well that's going to do it for this edition of the kaiser report with me max kaiser and stacy i would like to thank our guest miche shad lock of list talk dot com if you want to reach us on twitter it's kaiser reported so much time by i'll. get i'm. going to come along to jen's comedic on football. if possible between you think that's. to push. the system what's going to let you go for. you know you don't. know what do. you get for. each. purpose to you personally to put pressure. on you before. the movie because. the. president trump indeed has has he's way of communicating but you have to hand it to him but sometimes it's better to try and shake u

they are but the euro as we speak is going up just a tad behind the euro as of course the e.c.b. with all its firing power and while it's stopping buying bonds at the end of this year and just a few days it will continue to support the market with its other instruments and that's basically propping up the euro but of course there's a heady mixture there the two biggest the second and third largest countries going against the financial stability rules germany having a hard time for vining leadership but at the moment in the e.u. and crow losing his role as a reformer in the e.u. it's a difficult time and it could affect the euro going forward. and thanks for the thank you. the u.s. and china exchanged shop words over each other's trading policies in a closed door meeting at the world trade organization today the u.s. said china's unfair competitive practices practices are harming foreign companies beijing responded with criticism of washington's tariffs and the e.u. also chimed in calling the u.s. the epicenter of the crisis currently affecting the multilateral trading system. for