europe deserves to be strong and for this, europe needs the e.u. and nato. if it is possible without ukraine and without a just end to russia's war against ukraine, i am sure the answer is no. only a real security guarantee for us will serve as real security guarantees for everyone in europe. we must ensure that america also sees us as essential. for that to happen, america's focus must shift to europe so that one day in washington they will say, all eyes on europe, and not because of war, but because of opportunities in europe. europe needs to know how to defend itself. hundreds of millions of people go to europe to see its landmarks, to loan from its cultural heritage. millions in the world dream of living like europeans do. will we be able to keep it and pass it to our children if we in europe can answer positively. america will need europe as well as other global players. europe must shape history for itself and its allies to remain not just relevant, but alive and great. thank you. [applause] if i can use ukrainian it is good. >> your english is becomin

europe will lose. and now europe is falling behind and the development of artificial intelligence.gorithm are more powerful than some governments. already the fate of small countries advanced more already not leaning in the global tech race falling behind both american china. this is not some minor issue. it's about weakness. economic and political europe is more focused on regulation then on freedom. but smart regulation is needed russia hesitates but we should ensure maximum tech development make all significant decisions for the whole of europe. from weapons production, to tect development, you must lead and europe must become the most deflected market in the war. and finally, finally europe must be able to keep peace. peace and security for everybody. for itself and for others those in the world to matter europe deserves to be strong for this in the eu and nato it is possible without ukraine without a just and to russia's war against ukraine. i am certain the answer is no only real security guarantees for us will be real security guarantees for everyone in europe. they must ens

will president trump even notice europe? does he see nato as necessary and will he respect eu institutions? ladies and gentlemen, europe can't afford to be second or third in line for its allies. if that happens, the world will start moving forward without europe. and that is a world that will not be comfortable or beneficial for all europeans. europe needs to compete for the top spot in priorities and technological development. some see as a problem for europe, but others call a challenge. europe must establish itself as a strong global player. as an indispensable player. let's not forget, there is no portion separating european countries from russia. european leaders should remember these battles involving north korean soldiers now happening in places geographically close to davos than pyongyang. russia is turning into a version of north korea. a country where human life means nothing. but they have nuclear weapons and a burning desire to make their neighbors' lives miserable. even though russia's overall economic potentia

europe. >> to be competitive. there's no. >> innovation without the money for. >> it in europe. >> exactly. you need to you need the investment. >> in innovation. >> but you. >> need to invest to. >> invest also in infrastructure. we have huge infrastructure needs. >> you need. >> to invest in the companies and. >> the smes. >> we just. >> need. to get our. >> financial system to be more efficient in channeling the savings to productive investment, which is the big role that banks play. but really, believe me, steve, i think they're coming to understand. >> and i think. m&a is. >> back on. >> the table. >> in europe. i was telling you a few years ago, it's boring. >> because it takes. >> a long, long time. you might remember. yes i do. well, the point is that it might be boring, but it's essential that we gain scale. yeah. to compete in the world. europe needs larger banks like it needs larger companies in telecom. it needs larger companies in the tech industry and in other industries as well

of europe were wiped out. communities of europe were wiped out not— communities of europe were wipedmunities of europe were wiped out. not really ever to recover. - communities of europe were wiped | out. not really ever to recover. and her and _ out. not really ever to recover. and her and others _ out. not really ever to recover. and her and others being _ out. not really ever to recover. and her and others being able _ out. not really ever to recover. and her and others being able to - out. not really ever to recover. and her and others being able to come i out. not really ever to recover. and. her and others being able to come to auschwitz - — her and others being able to come to auschwitz — birkenau _ her and others being able to come to auschwitz — birkenau today- her and others being able to come to auschwitz — birkenau today and - her and others being able to come to auschwitz — birkenau today and say. auschwitz — birkenau today and say we are _ auschwitz — birkenau today and say we are stilt— auschwitz — birkenau today and say we are still here _ auschwitz — birkenau today a

a sovereign europe needs that. this is why we need to align our policies on the european union in the coming years. competitor law, industrial policies, financial policies modern immigration law belong together for want to establish new and promote new growth in europe. it is possible. i agree with that. our companies need better financing options and capitol information. financial investors stand ready but far too often they fail due to national organized capitol in your prayer is important to make substantial progress when it comes to deepening the capitol market. it's not just that marginal expert topic is of crucial importance for the future of the competitiveness it's important crucial for the future of europe. this entails the eu produces excessive redtape and regulation. the european commission promise that. we are going to demand a new commission to pursue this key task but let me give you what example. the future about that. no one does macao need suggest otherwise harms our industry. it's also harmful whe

in europe and in germany and everybody can see what they want. even if he is the billionaire. what we do not accept the synthesis supporting exceeding under extreme right positions and this is what i would like to repeat again. another question i think europe needs preparation and we you know that there are a lot of strategies for starting and for increasing population and willingness and this is why we so much support the idea of free trade and also of developing a trade agreement. and i am having we are now successful the mexico and their think that it should be the last one today when there many regions which are working very hard to get this done prayed with india, indonesia, malaysia, really other countries and regions i think they should be now more successful than in the past and would create more freee agreement between the union by the countries and regions. >> mr. chancellor, if i may ask you a question, could you look at what the views related to strengthening your insecurity. were living in a dear dangerous world pretty unimaginative

, and that's europe's fault. in this case, gentlemen, i'm going to jump in here. we're gonna go to a short break. and after that short break, we'll keep our could continue. our discussion on ukraine. stay with our to the if you think about russia. what does your mind picture the landscapes open up before your eyes? the 11 does, can you imagine the, the discount starts, the journey, the, the, you read to come along the the welcome act across software. all things are considered on peter lavelle. just remind you were discussing ukraine, the okay, want to go back to dimitry. i want you to be able to finish here uh answer um, before we went to the break it before you do though, it's already been mentioned on this program and it's the, it's the alta 2 point. oh, now if you look at most histories of the cold war, this was a, impose peace on europe. but europe had destroyed itself and become irrelevant in international politics. but that's essentially what it's done again. and i would prefer it, but they would be everyon

, and that's europe's fault. in this case, gentlemen, i'm going to jump in here, we're gonna go to a short break. and after that short break, we'll keep are going to continue our discussion on ukraine state without the least russian states. never as tight as i'm one of the most sense community best. most all sense of the, in the system must be the one else holes. question about this, even though we will ben in the european union, the kremlin media mission, the state on russia cruising and supports the ortiz full neck team, and our video agency, roughly all the band on youtube tv services. for what question did you say a request, which is the silver the had a pretty well. we'll just need to just include the plug in any components, just responding to the dresser and put all the states gradually saving the most of us to call yourself what's your information? so you need, okay, what's the rubbish to rubbish cubes that are in the a particular user, you know, and it goes out any of the stuff, please. it has taken poiso

be bad for europe. how have you digested all of this? >> good morning to everyone. i was going to say to larry that if ever you look for a pro bono job, come and join us in europe because you advocate europe in a beautiful way. given where i am, in my quiet period before monetary policy decision coming up soon, i would like to underscore what europe is good at. if i look at the scorecard at the moment, whether you look at debt to gdp -- about 80% -- overall deficit for the euro area -- about 3% -- inflation come the latest reading -- 2.4% -- strong confidence it is going down rather than up, interest rates -- 3%. huge amount of talent, huge amount of savings. and a big wake-up call that is really calling the europeans to action. so if the european leaders can actually get their act together, respond to this wake-up call and existential threat that can be identified, then i think there is a huge potential for europe to respond to the call. i am also pretty optimistic. i am a realist about points that lar

, and that's europe's fault. in this case, gentlemen, i'm going to jump in here. we're gonna go to a short break, and after that short break, we'll keep are going to continue our discussion on ukraine state with our, to the look forward to talking to you all. that technology should work for people. a robot must obey the orders given by human beings accept. we're so shorter that conflict with the 1st law show you i've been to the patient. we should be very careful about visual intelligence. at the point, obviously, is to create a trust rather than fit the various jobs with artificial intelligence we have summoning the theme and the robot must protect this phone. existence was on the cause, i don't know which city not so someone which is the family. this for the face issue i, you see for the full of the senior snap under the guise of evacuation about 50000 people were transported. the, the main purpose of this concentration camp in bella rose was doing think prisoners was time for us and use them as a human shield

but honestly, europe must be better. >> so tell me exactly what you mean when you say europe must be better. what concerns you the most right now? >> i mean europe is a rich continent. but we are getting behind u.s. i mean, this is just -- latest years, been so for quite long. we have too low roads and too low productivity and that's our problem. we have big needs and we can be richer. but we have -- we don't focus enough on the things that can make our economy grow. >> yeah, i think the long-term criticism against europe has been that it is regulate first and innovate second. so what is the appropriate response? you run a large sophisticated economy. what can you do to stoke animal spirits across the continent? >> i try to remind us all. i mean sweden is a very -- i mean, we're very dependent on export. i mean, our economy is not the biggest one in the world. but we are -- we explore a lot. so of course if more and more countries get more protectionism or higher tariffs, it's bad for us but it's also bad for the global economy. and that's -- it's not to good for u.s. if they -- if n

, and that's europe's fault. in this case, gentlemen, i'm going to jump in here. we're gonna go to a short break, and after that short break, we'll keep are going to continue our discussion on ukraine state with our to the cause, which is pretty nice to someone that just didn't want to say i'm on this for the best interest you. i you see for the se under the guise of evacuation about 50000 people were transported. the, the main purpose of this concentration camp in bella rose was doing think prisoners was time for us and use them as a human shield against the advancing soviet on me. giving my own but feelings and slipped into phone. you put them in. there was one of us please give me the plugin for the ship that you're shipping and stuff like that. but don't want to bring your name. you know, i'm so sorry i missed because on your certificate 6 to put your side and that is a c c, 's use people, his biological weapons leading them to perish without food, water or shelter, feed off some other for me if i did think s

it's got to decide the fate of europe, and that's europe's fault. in this case, gentlemen, i'm going to jump in here. we're gonna go to a short break, and after that short break, we'll keep are going to continue our discussion on ukraine. stay with archie the the welcome act across ok, we're all things are considered. i'm peter to about to mind you were discussing ukraine. the okay, want to go back to dimitry. i want you to be able to finish your answer um, before we went to the break it before you do though, it's already been mentioned on this program and it's the it's the alta 2 point. oh, now if you look at most histories of the cold war, this was a impose piece on europe, but europe had destroyed itself and become irrelevant in international politics. but that's essentially what it's done again. and i would prefer that they would be everyone would be a shareholder in their faith. but um, in the case we have now, we could have, we're approaching an escalation, possibly that would uh see us confronting world war 3. so maybe we, but we do need a yo

it's an issue for europe, for central europe. if the ukrainians want help — for example, sanctioning the russians — then let's reopen the gas transit routes and allow the central european countries, including hungary, to receive the gas we need through ukraine. meanwhile, on saturday, ukraine's president zelensky said his country was prepared to transit gas from azerbaijan to europe. he has offered that as a solution to countries such as hungary and other landlocked countries such as slovakia. it's an issue that's exercising governments across europe and the subject tops the agenda of eu foreign ministers who meet today in brussels to discuss gas transit through ukraine. is now on the agenda. i pulled the handbrake and asked european leaders to understand this can't be continued. we asked the eu to tell the ukrainians to restore the gas transit. what's closed has to be reopened. it's not a matter for ukraine. it's an issue for europe, for central europe. and if the ukrainians want help — for example, sanctioning the russians — th

when will you be based in europe if you're not - based in europe if you're not already?week an important decision _ already? we made last week an important decision that - already? we made last week an important decision that we - already? we made last week an important decision that we willl important decision that we will introduce a compact suv for polestar, we coal it the polestar, we coal it the polestar seven and we made a decision to do this year in europe and the exact location we will announce into two — three months in which country but also... three months in which country but also- - -_ but also... you can tell is now on bbc but also. .. you can tell is now on bbc global— but also... you can tell is now on bbc global news, - but also... you can tell is now on bbc global news, it - but also... you can tell is now on bbc global news, it would | on bbc global news, it would save you a lot of pr money, you can announce it here, we want be based in europe?— can announce it here, we want be based in europe? thanks for the offer but — be based in europe? thanks for

in europe last year came from renewables.enewables are already a reality. i think not only bringing solution to climate change, decarbonizing an energy mix, for sure, they are also bringing this better serenity. whatever is installed in europe is producing regardless of other partners, willingness to import or export to your. i think the sovereignty that renewables spring should be an additional argument for european to continue and don't lose the conviction to derail the renewables powers. francine: how much do renewables depend on the price of energy? the lower the price of energy of fossil fuels go down, does it push back actually the adoption of renewables? >> i really don't think so. in most cases you would see renewables are actually very competitive. of course they don't suffice alone. you need to complement them with energy storage. batteries are going to be very important. you also need to look at upgrades. so all these elements are going to be very important. then we talk a lot about electrification. there is also t

i think europe is not a myth. europe is not a basket case. europe is a fantastic case for transformation. i'm going to quote a report that was issued by the imf, and i agree with you on that, larry, i agree. if europe was a single market as it claims to be, if it was commented it would remove the equivalent custom duties of 40% on its goods transacted within europe and 110% of custom tariffs on its services. i agree with you it is not operating and functioning as a single market. i'm not the author of the letter report. mario draghi is pointing out what needs to be done about it. the real question for the europeans, as i've said, corporate and policymakers alike, get on and do it will stop -- and do it. >> we have one minute left. short answer, really short. we talked about the risks, inflation, tariffs, industrial policy, deficits. one opportunity for growth in 2025 that you are thinking about. >> i think the most neglected dimension of strategy nationally in most parts of the world is social policy. you need social policy on an industrial s

switching to europe then. the ecb speaking to bloomberg on the sidelines of the world economic forum about his inflation expectations. let's take a listen. >> all the data that i read over the last couple weeks was a surprise to me. it gave me the indication, also the certainty that we can achieve our target. we shouldn't forget where we came from for the euro zone. we are close to our target. tom: obviously on the hawkish end of the spectrum when it comes to the ecb, given his role at bundesbank. where do things stand in terms of expectations for ecb rate cuts this year? valerie: a cut next week is almost certain based on the ecb chat we had yesterday on the sidelines of davos. the market is pricing -- pricing in around four cuts to reach neutral which is around 2% so the market thinks. it's interesting that none of the ecb members yesterday wanted to talk about entering into expansionary territory. the possibility of going below neutral is something they don't want to discuss. another topic that was discusse

, and that's europe's fault. in this case, gentlemen, i'm going to jump in here we go to a short break. and after that short break, we'll keep are going to continue our discussion on ukraine state with our to the know better places to be. is the village in the some most beautiful features is purely anarchist in the sense that there are no authorities within the city. everyone is their own citizen. half the people are here because then the rest, the go and the other half here because they loved the place and there's nowhere else they rather be than here. but i always are going to explain. you just have to experience labs. and by doing that, you have to live here though. dish lay it right here in lagrange. this is one of the dining halls. it was a mess all for you know, soldiers boot place, you know, several 100 people have passed through here either under way, somewhere else or provide safe space to abuse women and to elderly people to mentally ill peoples who addicts to children. you know, some cardboard checks,

unfortunately, europe is - once - europe and ai?ared to especially the us. there are a couple of reasons. compared to especially the us. there we a couple of reasons. compared to especially the us. there we don't ple of reasons. compared to especially the us. there we don't ple ( big asons. compared to especially the us. there we don't ple ( big tech ;. first, we don't have big tech companies like microsoft, alphabets, we alphabets, unfortunately we just don't have them. we — iiil few in the quite a few companies in the semiconductor industry like which are 7 which are very 7 asml which are very innovative since we are talking about but since we are talking about asml, the previous ceo has 77 7 out 7out against 77 77 7out against 77 7lack 7777777777 7o7ut7ag7ainst 777777lack of spoken out against the lack of innovation in europe. if i innovation ifi. europs. ifi him innovation in europs. ifi him correctly he said quote him correctly he said that europe is sleepwalking into crisis. into a crisis. basically out that there is a pointing

, and in this way, allowing russia to build its energy domination over europe.table. _ us president donald trump has announced tariffs and other measures against colombia, which then retariated with matching tariffs on the us, and it's all because of the deportation of migrants which we told you about on newsday. mariko 0i has been following the story. this has escalated quickly. talk us through what happened. indeed. it has escalated rather quickly, hasn't it? as we have been reporting about it, the united states has started deporting migrants back home in military planes and the colombian president has barred those planes from landing, saying they are not criminals and they should be treated with dignity and respect and should be returned as a civilian planes. he even offered to send a presidential plane get them back home. that is when mr trump announced this 25% tariff on everything that gets imported from columbia into the united states, which he said will be raised to 50% in one week. gustavo petro though has basically retaliated, saying he would also matc

, and in this way, allowing russia to build its energy domination over europe.agreed to strengthen ties following a meeting between the country's leaders. following a meeting between the countries' leaders. indonesia's leader was meeting with narendra modi. he was also a guest at india's national day celebrations. let'sjoin our india let's join our india business reporter. tell us why india and indonesia are looking to find areas of collaboration? well, maritime trade and defence manufacturing over the two key areas discussed this time around and also expanding their endeavours and their trade basket. $30 billion of bilateral trade between the two countries current lay surrounds coal, palm oil, defence industries and telecom. india would support indonesia's defence modernisation programme as well. there are also talks on buying some missiles from india as per some media reports. but, overall, indonesia is a key ally in the asean region for india — especially as india seeks to position itself as a counterbalance to china's territorial ambition in the region. reme

it's an issue for europe, for central europe. if the ukrainians want help — for example, sanctioning the russians — then let's reopen the gas transit routes and allow the central european countries, including hungary, to receive the gas we need through ukraine. meanwhile, on saturday, ukraine's president zelensky said his country was prepared to transit gas from azerbaijan to europe. he has offered that as a solution to countries such as hungary and other landlocked countries such as slovakia. it's an issue that's exercising governments across europe and the subject tops the agenda of eu foreign ministers who meet today in brussels to discuss gas transit through ukraine. just a few days ago in davos, poland's president duda said ukraine should stand firm against russian gas and told the bbc�*s economics editor faisal islam that the nord stream gas pipelines, unused since 2022, should be put beyond use so that germany, for example, would not be tempted to restore russian supplies to boost its own struggling economy. translation: |

for washington, trump still thinks that america is getting royally screwed by you guys in europe. they're very tough and they don't take our cars. they don't take our farm products and then take almost anything. and we take their cars and we take their farm product. we take a lot from them so you know, we have like a $300000000.00 deficit with you. we'll send that out with either cash or they have to buy uh oil. he sounds like you is almost victimizing washington or has been doing so. so what trump is saying is the issue you doesn't increase its dependence on american energy even more, which have excess they want to precisely avoid doing. then here from the terrorists, maybe around 10 percent on european imports to the us. sounds like they're getting backed into a corner here, which should be, should be nice to have some options. but instead, they're squabbling about whether to extend sanctions on russian energy at the even is they sneak in russian l n g on the down low in record, high amounts of the 1st 15 days of this year. kind of like junkies getting their fix on the down low,

, and in this way, allowing russia to build its energy domination over europe.ble. india and indonesia have agreed to strengthen ties following a meeting between the country's leaders. indonesia's leader was meeting with narendra modi. he was also a guest at india's national day celebrations. tell us why india and indonesia are looking to find areas of collaboration?- looking to find areas of collaboration? ~ ., collaboration? well, maritime trade and _ collaboration? well, maritime trade and defence _ collaboration? well, maritime i trade and defence manufacturer over the two key areas discussed this time around and also expanding their endeavours and their trade basket. remember indonesia in this region is a key ally for india as it seeks to position itself as it seeks to position itself as a counterbalance to china. more than half of india's trade travels through the south china sea and the malacca strait and this is something india wants to preserve and that is why the relationship between india and indonesia is crucialfor relationship between india and indo

we have big earnings from europe. we had ryanair earlier and the banks and luxury space in europe. on the four out of seven mag seven companies reporting, including apple, meta and microsoft. the question continuing around valuations and whether the data from these companies can justify the stretched valuations, because when you have that competitive threat out of china with deepseek. this is the view 12-month forward profit margin estimates for the mag seven companies. you see the crocodile-mouth shape versus the equal weighted forward 12 month margin estimates from the s&p 500. that gap is there and that leads to questions at least for some. let's have a look at the deepseek story. this was founded by a hedge fund owner in china. a scrappy start up. they managed to create a model open source interestingly that is creating efficiencies with older more legacy gpus. that is raising question marks whether the competitive challenge will be facing the u.s. companies and whether that thesis will hold up. here is how people are looking into this company. volatility is getting across the

the council of europe was founded more than 75 years ago, and still today in europe, we face anti-semitismnd the tool of never again is very important in actuality to be really are very important motto. first of all, let me share my gratitude and appreciation of the role the ambassador has played over the years. she remains a truly global figure in raising awareness, creating positive accommodations and generally respect of everyone in this field and beyond. i'm very proud that one of her very recent visits has been to strasburg to the council of europe. it was absolutely important for us, it was very much appreciated, and i'm confident that she will continue to fight against anti-semitism. now coming to the council of europe, i should say that we have a number of -- the european convention of human rights, implementation and guidelines adopted by a committee of ministers, i would like to mention the european court of human rights, which is very important which has unequivocally ruled that holocaust denial is not protected by freedom of expression. so i think this was a very important case

does europe need to deregulate? >> i don't like the expression because that brings concerns about financial stability but there is a need to have regulation to focus on how to reduce the burden. you need to simplify,. deregulate. tom: that was the eu's financial services commissioner speaking all crook, fourth quarter miss adjusted operating profit, estimates had been 14.5 millio the way i approach work post fatherhood, has really trying to understand the generation that we're building devices for. here in the comcast family, we're building an integrated in-home wifi solution for millions of families like my own. in the average household, there are dozens of connected devices. connectivity is a big part of my boys' lives. it brings people together in meaningful ways. tom: good morning this is bloomberg daybreak: europe. i'm tom mackenzie in london, these are the stories that set your agenda. tech stocks rebound from the shut off the royal global markets, traders turn their focus to the fed decision, looking for clue

even though gas prices here in europe have jump 20 percent already just since december. and there's talk a trunk could slap a 10 percent tariff on european goods from cars to booze, to pharmaceuticals. if e u does it drop to its knees and indulge his trade demands. but hey, it's the price you pay for freedom cleaners. so it says that a new brand of freedom where you can't pay the bills at the end of the month. now we import from russia only 3 percent of our oil and no coal at all anymore. but freedom came at a price. how souls and businesses saw sky, high energy costs and bills from many a yet to come down. so there are some you could say this and invoices in the ear who dare to question brussels about its plan to stop digging itself into a dark d. economical scene. whether it even has any intention to even put down the shovel, whom you asked to get to. you has also isolated itself from russia. european leaders refer to the russo ukrainian war as their own and have eliminated the combination of cheap russian energy in advance european technology and its economic structur

it was northern europe that had more strength compared to southern europe.his time it feels a little inverted. southern europe for us, there is a lot of interesting activity in spain and italy and places in those geographies. i do think with the capitol pullback, various opportunities will open in germany. we are active in the u.k.. all those geographies will provide. lisa: you mentioned that the u.k. and a theme that has come up is the debt and deficits in a lot of places. as a homeowner, one of the first ways as they go is taxes on your home and how much you're looking at these policies as headwinds in certain places. david: the headwinds are fairly ubiquitous in a lot of markets. you could add insurance. you could add a lot of pressures on cost everywhere. i think that is something that investors will broadly have to get their head around because it's impacting a lot of sectors. it isn't just real estate, it is the broad economy. debt levels in many western countries will put more pressure on interest rates long-term. as we invest today real estate, it is

they were deported to your from all over europe. the overwhelming majority of those murdered adult, 1000000 people were jews. our streets became synonymous with the whole of cost and genocide. there is hardly a place more awful then also with the book and now nevertheless, about $2000000.00 visitors come here every year. it is one of the most visited memorial sites in the world. i will visit the camps i wish with one and 2 policy barracks in which the prisoners had to live tightly packed. and i'll enter a gas chamber where people were brutally murdered. i also meet the volunteer from germany who supports educational work announcements. the, it's early in the morning and i'm surprised at how busy everything is already. more and more visitors are coming to visit auschwitz, one the so called main. can he not missing them? by hearing names in the entrance tongue that in the names of people who died in auschwitz to meet so many last fates. france was above the entrance gate. there were 3 cynical words all by its modified work sets you fr

i mean, something to watch this year is what can europe, can europe start to find its way out of thisikewise with china. you know, they're like siamese twins, aren't they? they're linked in both cases. now you've got policy push. and it might be that the market underestimates the normal lags with that. so it's quite straightforward. in europe it's not growing. but policy is being is becoming more supportive. and that starts to build up a bit of momentum i would say. >> suggests it's becoming more supportive. i think it's. >> still an open question how much europe. >> can actually get through on the policy front. >> yes. >> i mean, the monetary policy is relatively straightforward, but the obviously the political side of things is much, much harder. but it does normally work in the end, actually. and china actually, china will be pivotal in that. so look, i would say that at the moment you've got to say we're still sort of positive risk on that's what our traffic lights are telling us okay. >> risk on equities. >> but we would. yes. but we'll be watching bond yields very closely becaus

so that we don't continue to invest in technology in europe. 300 billion euros every year leave europebe invested somewhere else. simply because of the complexity of our environment. and of course the energy challenge. joumanna: there is a german election coming up. i wonder whether is too early because we don't know who will win but it is likely that conservatives will come back in again and there will be change of government. do you think there will be more focus on investment and fiscal spending, and introducing more progrowth policies for businesses? takeshi: the environment in germany has been always aimed to foster investment in the country. we as a european based company invested heavily in germany and europe, signaling that we are confident that the ship will be turned around. let's not talk about elections. citizens will vote and we will have advantage or not of government, so let's not speculate about what is going to be happening, but i insist that we cannot look at germany in isolation. we cannot look at france in isolation. we have to really raise the level of political wi

it's an issue for europe, for central europe.help — for example, sanctioning the russians — then let's reopen the gas transit routes and allow the central european countries, including hungary, to receive the gas we need through ukraine. meanwhile, on saturday, ukraine's president zelensky said his country was prepared to transit gas from azerbaijan to europe. he has offered that as a solution to countries such as hungary and other landlocked countries such as slovakia. it's an issue that's exercising governments across europe — and the subject tops the agenda of eu foreign ministers who meet today in brussels to discuss gas transit through ukraine. now let's focus on al, because there's a new player on the block which is causing shockwaves throughout the industry. chinese startup deepseek has overtaken chatgpt to become the top—rated free app available on apple's app store in the us. the news has sent nadsaq futures tumbling, with deepseek claiming its ai model is cheaper than its amercian rivals. 0ur asia business correspondent

and europe to revive sales.car has elements from the cybertruck, including full with led bars and improved aerodynamics and better soundproofing. the ev maker looking for a turnaround after reporting its first annual sales decline in over a decade. that is your bloomberg brief. annmarie: next, trump versus the rest of the world. pres. trump: my administration is acting with unprecedented speed to fix the disasters we have inherited from the totally inept group of people. my message to every business in the world is very simple, come make your product in america. annmarie: make your product in america, he says. a 15% corporate tax rate, not sure congress is on board with that yet. that conversation coming up next. you are watching "bloomberg surveillance." ♪ i can't believe you corporate types are still calling each other rock stars. you're a rock star. we're all rock stars. oooo look look at my data driven insights, i'm a rock star. great job putting finance and hr on one platform with workday. thank you! guys,

over into europe. why should they discuss what the trends in history and republic wants and resume the fact that the animal, dover, they continue their pro european line. so, why don't, i don't know the least. and how might this task change? right? yeah, well there's no but i wish i knew not, but i'll express my opinion. maybe i'm wrong, mostly somewhere in 2017, 2018 repression cause active resistance in march. 1919 at the call of mahatma gandhi, a peaceful strike began in the country.

as you know today, europe is literacy vices. the isaac's was explained by yours, i guess a, you know, you have a, a ongoing, but you have also remind me of you over some, uh, some companies to backyards with. we show no more and more requesting for change of policy. it was a reason to crate and stop working session against our show because they needed to go. so russia, however, you're so keep in mind that the last month that on that song said that the actually he wants to purchase more us for the gas to address as a trade in buttons of or face to face. he stated that the ear doesn't make up, it's tremendous is inclusive within us. it is the 3rd exposure way. and you know, if you look at what happens, things as things start against russia, you'll see that the europe started to buy more, and we're looking for a natural gas from the us. and then as the raise doesn't want to start to cease because, you know, the song wants to go in commission war against those china, which is a big market for energy. and then the euro for you see, i

here very hot issue in europe as well. maria: certainly in italy as well. >> we risked, with bathwater unless there is clarity around who can and who cannot come. maria: get a tough you this morning. thank you so much, great to see you. thank you we are getting started this hour a third hour don't miss it live at world economic forum you are watching "mornings with maria" live on "fox business" we will be right back from davos, switzerland stay with us ♪ this girl is on fire, walking on fire ♪ this girl is on fire. . after last month's massive solar flare added a 25th hour to the day, businesses are wondering "what should we do with it?" i'm thinking company wide power nap. [ employees snoring ] anything can change the world of work. from hr to payroll, adp designs for the next anything. at harbor freight, we do business differently from the other guys. we design and test our own tools and sell them directly to you. no middleman. just quality tools you can trust at prices you'll love. (luke) alright, let's settle down, eve