of 830.7 million euros. so a beat there as well but we keep an eye on this offer for anima, seven euros per share. a busy day ahead, plenty on the docket, some of what we are watching out for. the opec monthly oil report coming up later today at 1:30 london time. the latest u.s. cpi rating -- reading out of the states, and then adding on to what powell has said we will hear from the atlanta fed raphael bostic as well. get a roundup of the stories you need to know to get your day going on today's edition of a break. -- daybreak. we have plenty more coming up on the program, not least getting into those abn amro earnings with the cfo. plenty to discuss with him, next. this is bloomberg. ♪ lizzy: welcome back. it is 6:12 in london and we have had earnings out of the dutch bank abn amro reporting operating income for the fourth quarter that beat estimates, net interest income 1.6 7 billion euros, beating the estimate of 1.6 one billion euros so a slight beat but i miss when it comes to the outlook for net intere

euros, so thereby we aim to modernise a total of 200 billion euros for investment in europe.—critical applications. it be last is it will be the last is to public in public private partnership in the world for the development of trustworthy and of trustworthy a!, and finally sh?! be cooperative a] can be well beyond europe, attractive well beyond europe, including our partners in the global south. and in the spirit we fully support the ai foundation that is being = -7 = _7 today. ai can7 ——— today. ai can 7e a launched today. ai can be a gift to but we must sure it 7 sure it benefits a make sure it benefits a widespread and its benefits are to we wa r7lt to we want al accessible to all. we want al to bea,,, for we want to be a force for good, we want and ai where everyone collaborates and everyone = -7 = -: this is our 7 this is our p77ath, benefits. this is our path, this is our european path. thank very much for your attention. applause attention. applau! ursula der leyen, studio: ursula von der leyen, the of european the president of the european commission, addressing the

we are in the middle of eight to billion euro -- a 2 billion euro share buyback. generally pleased with the results that we have at the moment. lizzy: to be clear, can we expect ing to keep up the pace of 2024's buybacks? >> we plan to go to venture capital ratio to around 12.5%. we normally announce any cap election with the results of our first quarter in may. we expect to make some announcement of what we will do in 2025 at that time. lizzy: one of the big questions hanging over european banks is how you were going to handle the turn to read cuts from the ecb. how do you expect a mortgage growth pending with rates coming down? >> yes, i think rates are already coming down. just by having historic high revenue numbers in 2024, we expect our revenue numbers for 2025 to remain around that figure, and does rates come down they stimulate mortgage production. we saw strong mortgage production in 2024, and we expect that continued strength to continue for ing going into 2025. lizzy: as the netherlands' largest lender i wonder how you expect donald trump's tariffs into

is on euro group, president pasco, don't know. thank you very much for speaking to us here on business beyond not at all device to be on your program. now i believe this is the 1st gathering of the oral group since the re election to the presidency in the america of donald trump. my 1st question to you today would be, is your up ready for trump 2.0? so i believe europe will be ready for from 2.0 because we have a track record of being able to adjust to really big strategic developments that takes place south fire in the world. but we do have work that we need to do. we need to deepen the foundations of the euro with regard to capital markets with regard to banking union. and we also need to look at what further steps we can take to deepen the competitiveness of the european union. as we furnish and develop a new relationship with united states, we need to do it from a position of grace of strength than we have at the moment. i definitely want to get into some of those issues of the letter, but just to step back a little bit and we

it stands against the euro. it stands against nato. >> what i think is interesting is despite what can only be described as a very poorly handled political maneuver via frederick marx, when you look at the polls, it has not changed things much. he is still holding at 30%, afd is around 20%. what's interesting is you are hearing frederick merz trying to turn the economy around. anecdotally, you talk to people in germany, i talked to many people i know and asked to they are voting for, they say they have no idea. that is people who have been voting for a long time who are familiar with the political landscape in germany. i don't know what that tells you in terms of paul like but a lot of people don't know what to do this election. tom: bloomberg's oliver crook on the ground for us in hamburg with a finger on the pulse of trade and the reaction to tariffs a time of political uncertainty in germany. our special coverage ahead of the german election continues throughout the day on bloomberg. stay with us for intervie

with regard to this by highlight 3 pieces of work. firstly, wireless device budget policy for the euro area on from member states of to your away area. to get the balance like between half and safe public finances, but investing in a future. second, it's the work that we have on the way would work out the capital markets union, which has taken time. but we shouldn't underestimate the ability of continuing to make decisions in this area, but maybe, etc, racing the pace of stock decision making. so that we can deepen and integrate our capital markets within the euro area under your group has done a lot of work on this. and then find the i would argue that the digital future of the euro is also of a strategic response back to the way in which we see the global economy beginning to change is on the topic of voice decisions. mean we get onto the driving a report now, one of the big headlines from the driver report was, is his mention of the figure of an extra $800000000000.00 euros a year that's needed in his view for the you to catch up. and some of those areas that you touched on, whether

first quarter of the profit coming in it to .5 2 billion euros -- 2.52 billion euros. we can go straight to an interview with the ceo. >> we had a strong, promising start in q1. growth was up 3% driven by health, smart for and mobility. on the other side, we saw an order intake growth by 6% and our automation business was up 6%. that is promising that we get more momentum. net cash flow and income was up 50%. we keep our guidance for the full fiscal year, so we are quite happy. it is not only data centers, it is the whole sector still growing, and for automation we see signs of recovery. we had a high stock that we are building down. we were coming from 14 weeks and now we are down to 9.5%. momentum is coming. we see an increase in the demand for semiconductors, electronics, aerospace, also chemicals picking up, which is a leading indicator, so we are quite positive. we have to look for another quarter for a clearer sign, but moving at the right direction. lizzy: that was the siemens ceo, and we can see in germany, because we have more earnings out of commerzbank cross

that ached the 77 of euro 202a. that wasd the 77 of euro 202a. that was around final of euro 202a.king at their financial regulations or the psr rules, and hadn't yet signed —— sold jhon i to "ft yet signed —— sold jhon i to saudi signed —— solthon i to saudi arabia. —— solthon 777 7 7 7777 all 7 77 7 77 a7 ll easte7r 77 7 77 all easte7r —— now, meaning all easter —— ollie watkins their only striker. and mikel brteta base and mikel brteta haee always —: it clear 7 it clear they were 7 it clear they were looking at made it clear they were looking at the for a potential striker, the market for a potential striker, but, they could come into impact :f ;g—;r;up’ group, and "33 3” 33:3: 77 group, and not group, and not in a negative way the group, and not in a negative way — and you can probably guess,—with �* and — and you can probably guess,—with �*and a half hours of the four and a half hours left of the window, it's looking unlikely they'll add to their squad before summer. likely that i don't get the summer then. but not far away, at tottenham, there has been a deal agreed and one d

and then find the, i would argue that the digital future of the euro is also of a strategic response back to the way in which we see the global economy beginning to change is on the topic of voice decisions. mean we, we get onto the drawing a report now, one of the big headlines from the driver report was his, his mention of the figure of an extra 800000000000 euros the or that's needed in his view for the to catch up. and some of those areas that you've touched on, whether it's innovation and serve digital innovation and entrepreneurship, essentially it's trying catch up with a considerable gap. that is no immersion between your paying companies and american companies. and indeed, chinese companies do you think the you can come up with that kind of a figure and how do you think it could do this? uh yes, i believe we can. and i believe this 2 ways in which we will do firstly, it will go back to the opportunity that is there regarding a private savings with into your opinion, on how we can coordinate them in a way. at dot delivers a bash or benefit for europeans on for the european un

euro-dollar at 1.02. the two year of the front end. it's a different picture and crude diverging and that is significant. you are looking at an increase. bitcoin and ether also taking a hammering. it's a safe haven. that argument has been trashed today. let's check in on the canadian dollar falling to the lowest level since 2003. the mexican peso the chinese yuan. the canadian dollar down 1.3%. canada and mexico say they will retaliate. china working on a proposal to try to appease donald trump. let's cross over to avril hong for the asian market reaction. >> we are seeing heavy selling, risk off in the region. investor concern rippling that this will be a trade war now that we have the opening salvo. still waiting to hear what china does but i thought it worth highlighting that we are seeing some of the ai movers and ts emc dragging on the markets as they are back from a long holiday. alibaba higher today, helping declines amid optimism of its ai models but also worth highlighting when it comes to hong kong markets that they are not p

been just over one euro. we will speak exclusively with the ceo credit agricole, the deputy ceo jerome grivet, at 7:30 a.m. u.k. time. tune in for that conversation. the first shots of the u.s. china trade war are sapping sentiment on the markets. let's bring in mliv strategist mark cranfield. give us the deep dive in terms of market reaction in mainland china on the reopening after that lunar new year holiday to the second round, in terms of the trade war of the u.s.? >> as avril was saying, on the surface, it looks as though chinese equities are not doing great. if you look at the major indices, csi 300, shanghai composite, they have been choppy all day. under the hood it is a very different story. it is becoming a stock ticker's market. target gains for software developers, particularly those in the artificial intelligence base, people benefiting from the deepseek narrative. there is gains for metal companies like tungsten-related companies because china will put tariffs on the u.s. in that sector. you hav

on average indian families spend up to a 100000 euros on a wedding. maybe in my opinion, living it's so once in a life by now put unity. i know, and one point is also sort. so media, you can say they want to live this moment and then again and again again and again maybe go to these ends. i think this is, this is the one that indians i use this who wants to sort them want to show this status to other people and that's what it is next to them. in other areas, i think around the world, it's not the same. the couple took 60 days off work for their wedding, which had over $400.00 guests arriving from around the world. back in germany, while the number of visitors to the wedding fare is still limited. business is good for this jeweller. he's benefiting from high gold prices and demand for wedding ring to some couples even come in as a weekend to make their own brings with the jewelry in the hospital. and it always has to be something special and individual. this goes under, in our case, special elements using the families own gold. so someone might bring a

and, you know, that's why we see it weighing on the euro and why people are looking to sell euro on those rallies. >> what is the outlook for the euro then. what do you think is the range by the end of this year? >> yeah, it's actually interesting. we've been amongst you know, we've been bullish on the dollar since, you know, obviously since the election. but i think we've been a little bit more cautious about just how far it needs to move, how much of an adjustment is needed before things start to stabilize. so we still don't really think euro dollar needs to trade below parity, certainly not for any prolonged period of time. and we've kind of got euro dollar going to around 101 stabilizing around there. and then possibly in the back end of the year you might start to see, you know, a bit of a pickup. and there's also other potentially positive risks right in europe which aren't really being focused on like what if we start to see progress towards a ceasefire in ukraine? that's probably going to be more positive for sentiment in europe. so look, the outlook for europe is clearly not grea

it is coming in at 4.6 7 billion euros. the estimate being for 4.1 6 billion euros.at there and kering saying it has plans for more deals with property funds to cut its debt. so sales tumbling as his turnaround fails to take shape over at gucci. can they improve things now that they have made these changes at the top, the change in terms of their creative director, one of the first major decisions by the new ceo, who took over that role in early january. so those results from kering dropping shares down 40.71% over the past year. let's stick with the corporate and turn to tech because as we mentioned earlier, the openai ceo sam altman has rebuffed a 97 billion dollar bid with a group of investors led by elon musk, who cofounded the company. they want to buy the nonprofit that controls the chatgpt creator. the bid is seen as a move to complicate openai's transition from a nonprofit to a for-profit entity, looking out more now from tom mackenzie, our anchor who's on the ground at the ai action summit over in paris. good morning, tom. the fact that altman turn this down

the facility is investing 250000000 euros to boost and diversify its activities. a new control center will be ready here in 2026. let me push him back with more family film pedals. yeah. okay. multiplan sweetheart. i am for 9 launches next year. and in the long run, 15 or more each year counts. but that tons of personal small would also accommodate micro launches at a site where constructing jones, i feel, did you go to conflicts or these private rockets, some of reduced capacity. but you're gonna have a lot more launch is a g, a piece of all the centers director says the gear up is necessary. not only since rushes invasion of ukraine, which brought space cooperation with moscow to a halt. competition has gotten rougher, not least through private players such as us billionaire, even mosque, and his company space x. you typically me guessing where everything is done through start the lines out asterix prior to that communication is where the full costs, climate surveys, etc. and you really focus on social space is turned into a crucial economic sector looking for w

good ally to other euro and i'm ions anc of’ w still remaining good ally to other euro and i'm ionsstated the uk position that reminded part of denmark. greenland. support for —— greenland. support for palestinians, returning home to their homes and not being forced out in any deal as the one trump himself has suggested. of the will of falling out completely was such a isa is a delicate ally. is a delicate political you much, balance. thank you very much, lucy. costs and low demand, it is under enough disastrous. balance of trade. information from the white house. the new british ambassador to washington lord peter mandelson has his work cut out. the same sort of weather we're going to have over the next but not really succeeding to push in. now it hasn't been cloudy everywhere today. look at this. and sunshine will keep some clear skies through the night of scotland as well. and some spots of rain and drizzle and some snow over the tops of the pennines. some snow over some of the hills and mountains in scotland as well. just above freezing. if the cloud breaks and the skies clear,

the euro trading at 1.0312. the u.s. dollar strengthens and of course as there is a lot of chatter about the ecb neutral rate and also the risks inherent in the u.s. trade posture. and with that now, let's go to europe because this comes as an ai summit is being held in paris. the french president just spoke. for more on this we turn to tom mackenzie at that summit and with the new french finance minister, eric lema. tom: the minister of finance standing by for this conversation and we will start with that announcement from the prince president -- from the french president, around 109 billion euros of additional investment nce to build out ai data centers and infrastructure, to better position france. is this the french response to stargate in the u.s.? eric: we had started that a long time ago. it was always our policy to build nuclear power plants to provide clean energy and independent energy in france, stable and cheap. this plan is to finance more than 100 billion euros in data centers and around that, research team

, for the euros.st portugal and welcome spain, the a repeat of lasts, to 5:55 against portugal and welcome spain, the a repeat of last year 5:55 against portugal and welcome spain, the a repeat of last year because world cup final. after playing the first ever match, group of players official match, the group of players �* living as in australia, the have received no su- -ort their home country the their home country the their ho takeover. y following the taliban takeover. jo currie spent time with them in melbourne. the true victory the match itself. three after they itself. three years after they fled �* home country, this moment their home country, this moment marks a new chapter. one of the 19 who australia 77 7data 77aa7ia ra7iibab7777 77 7 77 7data taliban returned 777ea7i7a7raiib§b7r7e7tb7{572375711717 the data taliban returned still haunts her. in the data taliban returned still haunts her-— the data taliban returned still haunts her. and i felt i would lose everything. sorry. take your time.

it kind of felt like the world cup euros _ idea.o do as best as they possibly - to. possibly could to. ??s the in the that was th'e'gold'in'the game. how much of that was the and how much of that was the free laughter freje booze? laughter be 5050? in be 5050? ., . be5050? .,., 7 they gave 7 77 they gave away 7 they gave away 300 pints 7 i— ey gave away 300 pints i— but ave away 300 pints i— but how way 300 pints i— but how much 30 pints 7 i— but how much did jints 7 i— but how much did it its the business? cost thebusiness? added up the total actually added up the total because i'm still shock. but would say over may be i would say over £1000, may be close to £1500. [ha i would say over £1000, may be close to £1500.— close to £15005ea'se'eleeise as fans for close to £15005ee'sseleeissts -fansforthisi close to £15005ee'sseleeissts - fans for this nexfi close to £15005ee'sseleeissts - fans for this next bit i brighton fans for this next bit but brighton's — bet brighton's. heaviest , defeat before — bet brightens beeeiest . defeat bef

so currently the hospital is saving around $100000.00 euros a year instead of a 1000000 euro is it only spends 900001 disposal. that hamburg based start up for a source of fi has helped with special waste collection software in a room and the operating theatre wing, different colored bins have in place to collect waste that's particularly valuable and worth recycling the hospital and needing some challenges. the lack of space, you know, ours are planned in such a way that lots of technology fits but not 10 different recycling containers. so there has to be a central collection point where things can be disposed of separately. and talk then con aluminum, for example, is a valuable resource for staff. waste separation and the operating room is now routine, less waste and hospitals. it means less than center ration. so lower c o 2 emissions worldwide. the health care sector is responsible for over 4 percent of all greenhouse gas emissions in germany. the industry spews out even more over 5 percent. saving, forestry, and hospital operations were ahead of heavy industry and the air traffic,

b numbers, there's around $300000000000.00 euros per year. is the total amount of money coming from european savings, leaving us to go to the us, the end up being invested in dear mary, can market or buying because the american market is more united. a beat and, and what this will be. so i started by saying, why don't we work to retain this big amount of savings in new? what else do you think the possibility to where you will be, have savers to invest them? in europe, in europe, the savings tools that can give them that good to europeans, save a high share of the g d p. significantly marketing private people. how sold that in america with britain for that matter. and recall as i believe's, the private funding will help on lock public funding and the both are desperately need as the we understand very well that the beach resolves, we need, we can get them only with public safety. if we are not able to mobilize private funding, it would be impossible. and to mobilize private funding, the only ways to create a single markets on financial service

what we have seen is since the start of is that since the start of the the pound in the euro year thebeen under pressure versus the been. under pressure versus the dollar been. unser pressure versus the dollar and been. unuer pressure versus the dollar and the and the kiwi dollar dollar and the kiwi dollar and even the dollar have against the us dollar how 77 how their and 77 "wine? affiliate" she bites then me; she met; 7 7 a she hm eben wish she “ref; ' ' a bit she ems the“ me; she met; ' ' a bit of because it's a bit of negotiation and at what have negotiation and at what we have seen with australia will icanada last canada last week. it’s not sold canada last week. it's not clear—cut how tariffs will be over 27— over the comin- 7 over the coming months yea rs years and that's and years and that's allowing the markets to a breather. the markets to take a breather. the dollar are still strong and we expect that dominant theme but right now are able to up up and if they can evade catch up and if they can evade tariffs by negotiating with the enforcement of a us anti—corruption law tha

their idea is very to think how is very much to think about how is it they can change the of euro-eanity and suggest that their are infact are in fact winning ideas ideas are in fact winning ideas europe. ideas are in fact winning ideas euro e. 1, across europe. to what extent do ou across europe. to what extent do you think — across europe. to what extent do you think that _ across europe. to what extent do you think that is _ across europe. to what extent do you think that is the - across europe. to what extent do you think that is the case? | do you think that is the case? is there a concern many that j that the centrist politicians that the far right is gaining more traction they be? traction than they should be? there is a concern amongst politicians that the far right is gaining a lot of traction and the way in which they are 7- with this is that they dealing with this is that they are trying to the ideas 2— “777 -_ ief the farrright; er are , willing to ief the ferrright; er are , willing to work insfeesingiy wilting te were which we should bear mind, this is quite a in mind, t

in for billion euros in support for private projects, but is a private projects, but it is a in oceant would i they _ drop in ocean. i was a german it would i they are - drop in ocean. i was a german it would i they are given i it would say they are given kinds of to different kinds of aid to support the economy this is 7 this is military aid were 7 and this is military aid were looking at, but president in his tonight zelensky in his article tonight said the give us that 7 that they can assurances that they can backfill at what the americans have been is; 777t7hey they just 7 77 7 theyjust 7 77 and7we can't, theyjust can't, and we cannot that american guarantee. obviously, what is not _ american guarantee. obviously, what is not been _ american guarantee. obviously, what is not been taken - american guarantee. obviously, what is not been taken into i what is nrotbeen taken into with that what is niotbeen taken into with that is the consideration with that is the resolute, the rebuilding of forces, ukrainian ukrainian forces, ukrainian capability, it ukrainianforces, ukrainian capabil

and this report a minimum annual additional investment of 752800 1000000000 euros is needed. well, i think this is he waiting for a big number in the hope that they people would be so frightened by the big my number. they would agree on a smaller one. i think he sold probably i haven't talked to him about that. and i have actually talked to him about the report. if you dollars for a smaller number, people say, well let's go for an even smaller number, but it's not just public money. the report outlines, but if your opinions invested more and saved less, it would go a significant way towards making up the shortfall. for leading the e. c. b numbers, there's around $300000000000.00 euros per year as the total amount of money coming from european savings. leaving us to go to the us, the ended up being invested in dear mary, can market or buying because the american market is more united. a beach and, and what this will be. so i started by saying, why don't we work to retain this big amount of savings in the roads, getting the possibility to where you will be, have savers to inves

these are delicate times for euro water. ukraine is entering, it's the the, the latest i get to agree on raising spending on defense fall. so we'll have to really in front of, we'll double this defense budget by the end of the, by launching major project. we're going to invite old partners to do the same. we also need more european funding with the next budgetary framework. you'll need to put, we need more public funding, more private sunday. the needs $500000000000.00 over the next decade to boost is defense capabilities. but it's countries i get to agree on how to fund the project to the danish prime minister once a year partners to show support. and the growing calls from the us president to take control of the danish, autonomous territory of greenland. everybody has to respect the right to offer the national states intervals and the green i'm is today a pop kingdom of denmark. it's a part of our territory and it's not for sale. europe is the. busy the us and it's pushed to go into china as growing mid to an economic fall, a may shift its focus from euro to the in the pacific gas.

the e u has launched a 300000000000 euros global gauge. we project as an onset to join us belt enrolled initiative. the day with rhonda is a part of that project to secure access to key minerals. so just leave him again. gradient in battery storage technology, the e u as decided to pay it or wanda, 900000000 euros, so it can develop whats wrong material extraction infrastructure on an exchange, follow your ups, green and technology industries. with the company's usa, the e use building is future unblocked minerals. the e u has defended the memorandum of understanding the jolanda saying it didn't. colleges sustainable extraction of resources increases due diligence and traceability, and cooperation, and fighting against indigo, trafficking, and even spokesperson had also alluded to the possibility of sanctioning jolanda if the conflict didn't subside. in other states have condemned the escalation, unexpressed, their readiness to take measures. again, those that endanger peace and stability in the democratic republic of congo as the particul

_ these far right groups in euroe? , , ., , ., these far right groups in euroe?ave im— a lot about president trump, congratulated him for his 7 last year 5 last year and also his victory last year and also his on january the some 77 some of i j 77 some of them went the 20th. some of them went to the inauguration, many were invited, not all go but invited, not all could go but the spanish leaderfrom invited, not all could go but the spanish leader from vox, he went to the inauguration. he has in glowing terms has spoken in glowing terms about president trump. this for group patriots for europe group has close links to the tank close links to the think tank informs some of president own political ideas. is a clear link there ' " ”"i; a can”; there and there is a clear link there and these parties feel boosted by success success of president trump. the success of president trump. thank you. around the world and across the uk. this is bbc news. back. to dismantle grenfell tower after the deputy prime reminder of what happened while others say it's a symbol one of the

the eu has more eu has been withholding more 100 euros of than 100 million euros of funding.ion where voters it was an election where voters had a 7 77and7what777777777777 7 77and7what7th7ey77777 7 77and7what7th7eythih7k7is thought and what they think is polarity of the —— the 3323322! 32 the r33r3 —— 40% �*them, want it plurality. 40% of them. want it continue but that ten to continue but that is ten percentage down on the percentage points down on the results from four r3332232r3n1233r33333353 ” ” ...... " ” election 7r3332232r3n1233r33333353 ” ” ...... " ” election then. what this the election then. what this means is albin kurti and his the election then. what this mear will albin kurti and his the election then. what this mear will notn kurti and his the election then. what this mear will not be urti and his the election then. what this mear will not be able nd his party will not be able to they will have to govern alone, they wilt have to coalition, which is form a coalition, which is going to be tricky because 7—§m= 7 7 is no lost between there is no love lost between

now we're also seeing a heavy reaction in forex markets, as you would expect a plunge in euro dollar. we're currently trading around the 102 level down more than 1% now. trump argued that the moves were needed regardless of the cost. >> we may have short term some. >> little pain and. >> people understand that. >> but long. >> term. >> the. >> united states has been ripped off by virtually. >> every country. >> in the world. >> we have. >> deficits with. >> almost every country, not. >> every country. >> but almost. >> and we're going to change it. >> it's been unfair. >> that's why we. >> owed. >> $36 trillion. >> we have deficits. >> with everybody. >> we help everybody. >> we've been. >> helping everybody. >> for years. >> and to be honest, i don't. think they. >> appreciate it. >> so we're going to change that. we're going to change it fast. >> now in terms of responses from these key governments, canada has retaliated against president trump's tariffs hitting $155 billion worth of goods with a 25% tariff, with prime minister justin trudeau adding that it doesn't have to be this w

anyway, i was, i was just the euro garza palestine. so honey joins us now live from garza city and had a you'll signing in front of what's left of our she for hospital of affordable. this is one of the largest in gaza. what's left of it now? laura, i remember the opening weeks of the where we were reporting to from a ship, a hospitality. this is the largest public hospital across the gaza strip. and right now what we're seeing here is more of a waste land pile of ruins. and as just right now, what we're looking at is we zoom in into this. one of the buildings are going to show you this particular building that is only 10 years old. it was built for the purpose of a special surgeries for the heart and other complicated surgeries people were seeking medical care inside this particular building that is now in ruins is really military when it is storm district hospital in december 2023 as well as in march 2024. it made sure that this building is not coming back to life again. it went to through the building of from room to room, from walls

but what does it mean for euro? a quizzical look at us politics. the bottom line, february on the jersey, we years own from the outbreak of the war and you cream out of view. it explores the human costs and asks whether politics or the battlefield will determine its outcomes for cause new direction. looks at the challenges facing nations across the continent as they move away from dependency. aiming to re define their futures after a vote of no confidence in germany's transfer, people had to polls with a sense of right christian democratic union parties expected to take power. russia's shadow on africa examines of russia's growing influence in the region through the prison. the central african republic. you'll see a whole the african institutions as a chooses leaders. february on a jersey at a. this is turkey. turkey a is the 1st country to develop a national, sustainable tourism program in collaboration with the global, sustainable tourism council. this country holds more beauties than just those. you see blue flag, beaches, historical and cultura

and france will announce 109 billion euros in investment and artificial intelligence products.ing on the eve of an ai summit, he also mentioned investment from the ua between 30 and 50 billion euros. we will be live from the ai action summit in paris, were some key leaders in the world of arificial intelligence or gathering. we will be bringing you interviews with guests and openai's head of policy as well so plenty of coverage from our own tom mackenzie on the ground in france. in the u.s. president's tariffs have fired up volatility in the currency trading market, leaving banks and hedge funds scrambling to re-get -- rebuild teams, something our reporter has been watching closely and alice joints me now. good morning. >> good morning. talk us through how the tariff announcements are impacting currency announcement. you have been in the weeds of these moves. >> it is a good time to be an fx trader. there's a lot of focus on fx markets given they tend to be the first to react to geopolitical news and we have seen the dollar reacting stronger. we have seen intraday moves in the

we have had a reset in euro euro is the -- euro usd. we have had a reset in european short rates. that sounds more constructive for the equities than not. annmarie: do you think the market is taking all of trump's threats as threats and warnings? he will not actually put the walls up? chris: i will let the experts make that decision of ultimately where. this goes what is most important is we have this delicate balance and on one hand we have this tariff threat looming. on the other sent -- on the other hand you have weaker currencies and lower bond yields which generally stoke stocks. the market is more focused on the latter. the message from leadership in europe is constructive. banks are very strong. it seems like the market is ok with that. jonathan: we will catch up with the director later on this morning. what do you want to know? what is your number one question? chris: the big question over the next four to five months is what is the pain threshold for some of the policies relative to the economy? the bond market will be my judge on that. when we go back to trump 1.0 what w

it felt like kind of world cup, euros kind of feel.uch of that was the goals and the game, and how much maybe 50—50! n has a 50-50! n has attracted attention from around the world. attention from america, australia, brazil. a of? of people we are lot of people checking we are ok and had not gone bankrupt. pints of beer. still in shock! beccy says she has no regrets and is already thinking hello. the weather prospects for the rest of this week are not looking too bad in terms of dry weather. high pressure will establish itself, although it but in the short term for tuesday, in association with this frontal system. some of the heaviest rain will be flooding and some disruption. but you can see the line of the weather front that rain some outbreaks of mostly light and patchy rain will arrive as the rain band clears, scotland, northern ireland we see a mix of sunny spells and hefty showers. but it is going to be mild — temperatures of around 10—11 and patchy rain that will clear the south east corner through the evening. wintry showers ove

the entry level, the price for the key i, the $3.00 is just on the $36000.00 euros in germany, which places it basically between the valvo and the id 3. the id 3 is a little cheaper, therefore has little less power and also the less range. and the mobile is a little bit more expensive has way more power, but also way less range. so thing that is always good about cause a stair of a long warranty, 7 years, 150000 kilometers, depending on what you reach 1st. if you compare that, for example, to volvo, those all for 5 years, or 150000 kilometers, which is also okay. and b, w only has 2 years. no, you have to admit the v. w gives a separate warranty on the battery that they won't fall below 70 percent of its capacity with in 160000 kilometers. and that is also quite good. the summing up my e, the 3 experience, i have to say the car is quite comfortable. it has a lot of clever features and even in the base version, it offers a lot of sand that equipment which is good. the engine of a price just on the $36000.00 euros, which is around the same price you pay for any other kind that segment.