because in article 17 of the lisbon treaty, you have a sentence which reads the european commission initiates the annual programming of the union. the commission should initiate what should be done in the year to come and in the years to come. but the sentence continues with the view to reach interinstitutional agreement. so that means we have a treaty obligation between the parliament, the counsel and the european commission to try to come to some common understanding about the legislative agenda. but if we want to do this, in fact, we need to have a legitimate starting position. and that's something where this product could be very helpful. there is a window of opportunity now in the next months to come, because in the next months, the commission will have to define what it wants to do, what should be the major projects in the years to come. also in concert, the interest for joint programming is increasing. for the very simple reason that very often at the beginning of the legislature there is very little legislative work. but if we have a consensus about what should be done, that we could

in article 17 of the lisbon treaty, you have an important sentence that reads that the european commissioninitiates the annual programming of the union. the commission should initiate what should be done in the year to come and in the years to come, but it continues with the view to reach interinstitutional agreement. we have that and the european commission to come to a common understanding about the legislative agenda. that is something where this product could be very helpful. there is an opportunity because in the next months they will have to define what they want to do and what should be the major projects in the years to come. the interest is increasing. for the simple reason that very often at the beginning of the legislature, there is very little legislative work. if we have a consensus, we should have a more meaningful agenda. it will remain to be seen whether such a process where the different institutions develop clear views of what should be the key pieces and whether it will lead to a common agenda in the legislative field for the next years to come. that would very much incr

. >>> the european commission effectively makes them illegal. >> we've live at the goldman sachs leverage finance conference with a number of exclusive interviews, including the bank's chief european economist and the cfo of europe's telecom giant. >> you're watching "worldwide exchange," bringing you business news from around the globe. >> and we're just getting news out of italy. rates came in at 12.3% for all in july. it was 12.6% and it's expected to stay at 12.6%. it came in lower than expected at 12.3%. the youth unemployment rate hit a new record high of 44.2% in august. so the overall rate is falling, but the youth unemployment rate going up. >> we're getting some data on the health of the german labor market. the seasonally adjusted jobless rate falls to 2.8 million. german september jobless unadjusted rate was at 2.65%. slightly lower. but the adjusted rate was 6.7%. obviously, a lot of focus on germany. it can rely on growth, we're talking about the biggest economy in europe. a lot of questions or concerns around what further sanctions in russia will do to germany. >> absolutel

now a live from our chinese news room tonight russia promises proof that the european commission president took the words out of context on ukraine which sparked a dangerous groomer another american journalist has been beheaded by isis according to a new they released a video of what is becoming a her rift a trend that's fighting continues in eastern ukraine and in information of more rages russia today meets ukraine today your in the now. it's night we looked at our russian tanks and combat planes invaded ukraine and now it turns out that lead to murder putin threatened to take kiev within a couple of days and no less to a high ranking official at least according to some news outlets peter all over joins us live from germany and let's try to get more on this tell me peter that this is not the case what do we know it's so far. well what we've seen come out who isn't a reporter in la republica newspaper and his paper from italy quoting mr barroso who's just got a few weeks left in the job is the president of the commission quoted him as saying that he after he questioned president vladimir

well the response from russia has been that they're demanding to hear more on this from the european commission they say that unless they get a sufficient answer then they're going to publish the transcript of the whole phone conversation between vladimir putin and towards the manuel but also so far though what we're hearing from the european side is not willing to move at all on this all to say anything more about it at all so we may well see that full transcript published it brings up an incident that happened not too long ago when the then head of denmark in the now head of nato on this for us misson a phone conversation between himself and russian president on the. thirty two characters if you so much as made a secret according to the station and then published it in the press i couldn't believe my ears or my eyes all in all oh this seems like something that could be put to bed quite easily if the european union were willing to allow this transcript to be released as a news roundup so far just a reminder the main news the islamic states released a video depicting the beheading of what it's

and the kremlin promises proof that the european commission president putin out of context on ukraine and which to potentially dangerous route. for me kevin thanks for company first in this hour after weeks and even months in hiding shell shocked civilians in east ukraine a coming out of the shelters at least in towns no longer targeted by the military swathes of the east have been devastated by fighting but. there's no chance to try to rebuild what's been destroyed. let's see first if you didn't what the fuck for if you've ever done. even though this is. what you think you used the readers you might get. the most of those who says you know what but even if what. we see here this is was a school building internet local say was hit by government bombardment youngsters from six to sixteen who is supposed to start this school yesterday and now we're awaiting repairs before classes resume something they say think well as you can see could take months a huge amount of damage in fact a multitude of schools in the east have stayed shut because of the damage money. existence fighters for thei

that is the job of the european commission specifically. the message they're being, we don't have to judge you. that is what we have the commission for. her second point was a bit more sympathetic. we feel your pain and have been there before, alluding to the painful reforms that germany itself put in place before the crisis. >> what about moving forward, though? can the relationship, which is right now very close, in fact, remain so? if the french economy continues to fail to improve? >> german austerity is quite strong and to go far beyond the economy, even a week french economy will do little to damage those ties. germany has put a lot of effort into cultivating relations with french, and france have, too, in the postwar era. but there is a need for austerity and reforms that during the crisis became very clear. there has been a lot of pressure from germany. they're looking to put that same pressure on france. at the risk of applying a double standard, germany could put -- be put into a position where he has to exercise a bit more pressur

. >> the european commission has laid out its case over the legal aid given to the technology giant byhe irish government. it may not comply with international standards, and this is part of an investigation started earlier this year into multinational organizations and how they are being taxed in different eu member states. they want a decision from dublin before making a decision on the matter. we will go to shamus coppery. thanks for joining us. looking through the details we got from the commission today. what is at the heart of their investigation? >> the investigation is a transfer price -- pricing agreement that was put in place in 1991. what transfer pricing does is allocate process between different operations at the same company. apple has operations right around the world and each of those operations have to have a certain amount allocated to them. one question here is whether the right amount was allocated to the irish operations. it is not looking at the overall taxation, but specifically at the amount of profit declared in ireland and tax in ireland. i suppose they could

what the eu leaders have done is said to the european commission dropped the new sanctions -- we understand they are working with the united states on trying to make the european union sanctions as tough as our closer to the toughness of the american sanctions, but there is a way to go there. >> a busy week. >> absolutely. we have president obama going to estonia. he will be the second president to go there. president bush went there in 2006. don't even think about touching the baltic -- >> you are allowed to say it. .ou should be going to ukraine >> absolutely. i don't think he should necessarily be going to ukraine. i don't have a personal view on this. on the russian side of things if the conflict is in ukraine and he is going to a different country thomas it would be more powerful if he was to go to ukraine -- to a different country, it would be more powerful if he was going to ukraine and saying, don't touch ukraine. you are getting a lot of calls within the congress and in general the united states for president obama to show more resolve. -- >> to have a proactive start. >> yes, and

now, the deal says that the european commission amounts to offering apple unfair state aid. today, it is part of a broader eu investigation. and the commission has been examining whether these countries have unfairly favored multi-national companies, including, yes, apple. but fiat, amazon, and starbucks. so this in-depth inquiry into ireland has found that the country's benign tax regime means multi-nationals are, in fact, receiving a form of unfair state aid. apple could end up having to pay millions of dollars in back taxes. apple says it's received no selective treatment from irish officials over the years. and apple says it's subject to the same tax laws as the countless other companies who do business in ireland. let's get more. let's go straight over to our economics correspondent andrew walker, who joins me. great to have you with us as always. break this down a little further. in some reports, i've been hearing this goes back to steve jobs who did a deal with ireland many, many years ago. >> back in the early 1990s, subsequent deals done more recently, 2007. deals w

eu leaders have given the european commission a week to draft a new round of sanctions moscow. ryan chilcote has been analyzing the story. the rebel? recordruble at 37.44, a low. the soviet union dissolved in 1990, this is the lowest against the dollar has ever been. .7% since monday of last week, a consequence of the conflict in ukraine. this is one place where expressingre concerns. you couple it with the issue of capital outflows out of russia. last week we saw the ruble get hit, it is continuing today, down 0.8% already. >> nato summit in wales. and friday.hursday before that, president obama goes to estonia. meeting all of the baltic heads of state. saying look, do not even think about trying to go into the baltics, they are nato countries and we will defend them as part of article five. interesting that he is not going to ukraine, that might have sent a stronger message. a nuanced message ahead of the nato summit. the ukrainians are asking to join nato, does not look like that is going to happen. there's a lot of disagreement about the witness of such a move amongst the n

the european commission has hit three big chipmakers with hefty fines for alleged price fixing. they announced penalties of 138 million euros against philips and samsung. >> they bear the lion's share with $8 82 million. most of us love a good list. we rank soccer teams and pop music hits. even the fbi ranks their most wanted. economists are no different. every year the world economic forum issues a ranking of global competitiveness. >> it ranks 144 countries on various pillars like education, institutions, and infrastructure. germany came fifth and the u.s. jumped ahead to claim third. >> the most important question is who is at the top. this year, for the sixth time -- [indiscernible] >> cheese, banks, and watches are the typical images of switzerland. despite the stereotypes, the country's economy is highly developed. universities were hand in hand with the business world and help train skilled workers and have many cooperation agreements for research and development so it shouldn't come as a surprise that switzerland the most patents per capita in the world. the infrastructu

the european that commission, the new european commission, would be open as well as in japan. this is a very big issue particularly in europe as a social equalizer and others. >> let me tell you from my perspective, having spent my life in coalition formation, it is very important that we all have a very similar understanding of what we are trying to achieve. a qualifiedwith individual standing alongside someone else in order to a couple should task. the output, the outcome, it is extremely critical. i do not know the implementation and the difficulties with that, but i can tell you i have been a beneficiary of what has taken place in that regard. >> in the development of the common core, institutions response will for the development, spent time looking at models of success and why some countries did better in math than others, some countries did better in overall education, some better in transition to technical education. but i do not know what we would bring to the party ran out. in a couple years, i would be different discussion. but right now we are so busy remodeling th

it's earned the top spot on the european commission's euro barometer for well-being and happiness every single year since 1973. and when the united nations went on the hunt to find the world's happiest nation, their final report ranked, you guessed it, denmark number one. so what makes a country happy? sure, it's things like life expectan expectancy, and things like generosity, social support, and the freedom to make life choices. choices, like following your passion, or just laying low. you see, the danes don't put much value on job titles or status. a street musician, and a lawyer hold the same social clout in denmark. as a society, their motto is this, you are no better than anybody else. as we explored happiness in denmark, we realized it's not so much the temporary emotion and elation that we're talking about, it's something much deeper, something much more profound, something we undoubtedly we all want. a sense of happiness in life. on a scale of 1 to 10, how would you rate your happiness as far as life satisfaction? >> a little over 9. not 10 completely, because there's always so

the new european commission will be announced at 12:00. hans nichols joins us now to talk about who will be in the running. we already know a few of the names. what are we expecting? >> we are expecting an eastern looking team. three of the seven vice presidents will come from former communist countries. the outlook may be weighted more ard angela merkel's look of austerity. clearly, merkel is out front. she is getting what she wants. when you look at the other members, these are core cabinet positions, we haven't figured out all the precise portfolios. you have former prime minister's of estonia, latvia, slovenia. it doesn't look like what the u.s. used to call old europe. at least in terms of the economy ministry, p.r. muscovy see, he like he may be economic and monetary. he is going to have to do the very thing he couldn't accomplish when he was france's finance minister, structural reform. a lot of times we talk about these personalities in brussels. these have real policy implications. there is going to be a massive fight. france is g

>>> well, the shape of the deal is there, it was presented by the european commission's energy commissioner, who said that ukraine would pay some $3.1 billion by the end of the year, in two payments, and receive in exchange 5 billion cubic meters of gas at the price of $385.4000 cubic meters, and i mention that because it's a significant reduction of what the russians were asking for, which was $485 higher than any other country is paying in europe. however, the negotiators had to go back to the national capitals and get approval before this could be signed. and the energy commissioner was hopeful that they can come back next week and sign the deal. but however, vladimir putin has been known to take issue with his envoys dealing with europe, perhaps chastising them for giving too much away, so we'll have to see how this goes down in moscow and kiev. >> at the same time, hungary has suspended it's supply of gas to ukraine, and any reason why >> reporter: the official word is they only stopped the supplies because of technical reasons, and they wanted to shore up supplies for the winter. but

the biggest thing is what the european commission is doing.s the right of individuals to be forgotten and google has to respond to that. they are taking a forward leaning position. at the regulator and we will see. they were very please of what was going on after the town hall and engaging with the countries. >> what does the impact? just a sideshow? >> social responsibility and social search. [indiscernible] be borderline criminals. we will see. you haveget that big, to think about societal things versus making money. >> we have to leave it there. i will put on the spot on our bull. expectations, stop rising or fall? >> i think the stock will go up. maybe i am too bullish. thank you very much. >> coming up, the new normal a u.k. spending. a chief executive joins us. walletspening their let's than before. stay with us. >> i am jonathan ferro. we will talk about the u.k. consumer. rendering has reached a new normal. consumers are pulling back on total spending and perhaps it says something about wage growth. joins us. executive welcome to the s

the european commission disagrees believing that apple has avoided paying billions in corporate taxes because of the agreement and apple said they received no selective treatment and is subject to the same tax laws as other companies that do business in ireland. >>> if you look for a job for holidays head to the livermore premium outlets with 60 brand film stores taking part in a job fair filling more than 400 positions including store managers and assistant managers and associates and stockroom and custodian staff hiring full time and part time workers taking place at the livermore premium outlet from 10:00 a.m. to 3:00 p.m. bring your resume. be ready to interview on-the-spot. >>> the future of san francisco's famous flower mart could be the hands in voters. half the complex is slated to be sold and converted to technical office development but players for the tenants would work at the mart will file papers to put a measure on the ballot that will block the development. a poll shows that 78 percent of san francisco voters would refer to keep it how it is now. >>> some of my plants a

it's earned the top spot on the european commission's barometer for well-being and happiness since 1973and when the united nations went on the hunt to find the world's happiest nation, their final report ranked, you guessed it, denmark number one. so what makes a country happy? sure, it's things like life expectancy, gross domestic product, low corruption, but also things like generosity, social support, and the freedom to make life choices. ♪ choiforce choices like followin your passion or laying low. the danes don't put much status on job title or career. a street musician and lawyer hold the same clout. as a society, their motto is this, you're no better than anybody else. as we explored happiness in denmark, we realize it's not so much the temporary emotion and elation that we're talking about, it's something much deeper, much more profound. something that we arguably all want. it's happiness in the sense of life satisfaction. ♪ on a scale of 1-10, how would you rate your happiness as far as life satisfaction? >> a little over nine. not ten completely. there is always something can

here at the big board, european commission president jose manuel barroso, talking to him a little past nasdaq communication technology company, ericsson doing the honors. real-time exchange, back at hq, composing itself, so to speak. more red on the board. and you know, it's not clear how much of it is china slowing. those worries cited by a number of market participants as one of the reasons we're down. china september flash, pmi tomorrow morning. >> right. >> lower fit, 2015 gdp goal, idea there will not be additional stimulus efforts made by china in terms of perhaps on that front. all of it kind of cited as negative. >> one of the things, our proxy for china, by the way, the casino stocks. a very big downgrade today. a guy threw in the towel with casino stocks. why does it matter? wells. wells very good firm. las vegas, sands and wynn are directly plays. the slowdown in china, it's funny, a lot of people feel what happens happened the end of showy spending. but when you're buying things on the internet in alibaba, no one sees. china's very important here in terms of being able to d

european commission president visited the ukrainian president in kiev, and that the subsequent press conference, there was a surprising offer to defuse the conflict with russia. poroshenko said he would delay full implementation of the agreement until the end of next year, a step welcomed by moscow. >> with the latest eu sanctions coming into force, everyone is waiting for russia's response, but investors took a wait-and-see attitude at the end of the trading week. here is a wrap of the day's action from the frankfurt stock exchange. >> it is the first day of the new eu sanctions against russia, but markets are not really impressed. they have other concerns. in the united states, the u.s. federal reserve wants to increase the interest rates for the u.s., but that's only going to happen when the economy is strong enough. a fact that august saw strong retail sales is therefore bad news, believe it or not. in the meantime, eu finance ministers are discussing ways to strengthen the eurozone, but that will be quite hard if we see the latest figures for industry production in italy and fra

we have tested the european commission within a week to come up with a set of new proposals, specifically what i pushed for was to make sure we start filling in some of the gaps filling in in previous financial and energy sanctions. i mentioned loans where actions taken on the financial front have seen the stock market, russia's growth rate has been zero or below. on that leveles would be good. humanitarian catastrophe, how would you describe what happened to the syrian christians facing debt -- facing genocide. can my prime minister justify why we are choosing all military action, including airstrikes to compel genocide? actione was military supported by us, and military action that would have been supported and facilitated by us, and the role we were prepared to play was to take part in a humanitarian evacuation? british helicopters and british troops in the kurdish areas of iraq to maintain and look after helicopters. i do not accept we will not intervene. wewould, we will, we have ask ourselves the question, what is the best way to -- to proceed. >> the suffering of the palestinians i

dictum of economic decay this is typical of the object insanity that gets going within the european commission and also within particularly the political halls of power brussels news new bowings in terms of where it wants to interfere in people's lives part or will they go when it comes to the process of capitals hairdryers normal and mean it things that are seen as being perfectly reasonable facets of western society oh they know no bones they will keep going until the point in time when the public says no as usual thoughts have plenty more stories on line few including why day to day jobs can be more dangerous than warfare before from the u.n. international labor organization finds that more labor is dying in factories than soldiers on the world's battlefields we've got the full story for you at r.t. dot com. who said that you will find a volcanic eruption and toughen you getting forces people to flee their homes and planes to change their rigs we've got all the details and the best pictures for you on the. right the sea. search tribute and i think that you're. on our reporters' twitter. ins

it took about 50 years for the european commission's antitrust authority to come to light and act asional agency. antitrust in china is a new thing. one of the things that you're saying now is they had to take some time to learn and we got there staff and figure out what they are doing. antitrust isto how quickped this is fairly for china to take the antitrust law seriously and to be using it progressively. if anything is surprising that they are doing this as early as they are. vehemently been disagreeing. what do you have to say? >> law is not important. this is not a system of laws. the problem is that state enterprises have become very powerful lyrically inside the chinese political system and they're undercutting foreign business. this has been going on for quite some time. you have political distress among senior leaders and you cannot compromise with foreigners. this is a closing of china from the rest of the world. we see it across the many different platforms and i think this is something fundamental. this is not just an issue with the antimonopoly law. >> do you think it is

common use of i now am live from our chinese news room tonight russia promises proof that the european commission president took the words out of context on ukraine which sparked a dangerous the rumor another american journalist has been beheaded by isis according to a new they released a video of what is becoming a her refrain trend and it's fighting continues in eastern ukraine and in an information war rages russia today meets ukraine today your in the not.

dictum of economic decay this is typical of the object insanity that gets going within the european commission and also within particularly the political halls of party brussels news new borrowings in terms of where it wants to interfere in people's lives quite far will they go when it comes to the process of capitals hairdryers normal ameena teams that are seen as being perfectly reasonable facets of western society oh they knew no bounds they will keep going until the point in time when the public says no now the world famous web site wiki leaks has given people a safe platform to expose the secrets of government and big business but it's not the whistleblowers who need to stay anonymous activists against poaching who often threatened with violence have created their own site wildly to shed light on the illegal trade of wild animals r.t. spoke to those behind the international project. wildlife crimes are serious crimes and in many countries there are organized crime networks that are orchestrating these crimes and there's key individuals involved who are very powerful and very influential h

dictum of economic decay this is typical of the object insanity that gets going within the european commission and also within particularly the political halls of power brussels news new borrowings in terms of where it wants to interfere in people's lives hearts or will they go when it comes to the process of capitals hairdryers normal and mean it is that are seen as being perfectly reasonable facets of western society oh they know no bounds they will keep going until the point in time when the public says no in other news poachers around the world to make millions of dollars by illegally slaughtering wild animals but those who stand up to the criminals often fear for their own lives an online web site called wild leaks aims to change that by shedding light on the bloody business r.t. spoke to those behind the international project. wildlife crimes are serious crimes and in many countries there are organized crime networks that are orchestrating these crimes and there's key individuals involved who are very powerful and very influential have a lot of money and they're being protected by. corru

. >> you caught up with the president of the european commission. he has been in charge for a decade. he is stepping down in a couple of months. what did he say about his legacy? >> he didn't describe his biggest success. be saving the eurozone and saving the euro from collapsing. , heor his biggest failure says he would leave that to others to decide. have a listen. one thing everybody livingzes, we have been the most difficult 10 years since the beginning of integration. not only the financial crisis. challengey serious for europe, what's happening in russia and ukraine. most important security crisis in europe since the fall of the berlin wall. >> it is debt crisis that continues to develop -- dominate the summit. we used that sound from the president. that was obama's motorcade moving. he has been very active with petro poroshenko today. nato summit in wales. thank you. breaking news from the u.s. federal reserve. the fed is releasing it survey of consumer finance that dates from 2010-2013. the report indicates only the rich have seen their inco

victim of economic decay this is typical of the object insanity that gets going within the european commission and also within particularly the political halls of part brussels knows new borrowings in terms of where it wants to interfere in people's lives quite far will they go when it comes to the process of capitals hairdryers normal immediate things that are seen as being perfectly reasonable facets of western society oh they know no bounds they will keep going until the point in time when the public says no it's got plenty of interesting stuff online for you too as well including why day to day jobs can be more dangerous than warfare a report from the un international labor organization finds that more labor is die in factories than soldiers on the world battlefield the full story is that r.t. dot com also there and the run up in new guinea forces people to flee their homes and planes to change their reach we've got all the details and some great pictures for you online. the world famous web site wiki leaks has given people a safe platform to expose the secrets of government and big busine

a moscow describes the recent words from the head of the european commission jose manuel barroso unworthy of a high profile diplomatic leader according to mr barroso in a private phone conversation president putin told him that russia could take care of in two weeks the russian president was being asked about the presence of russian troops in ukraine such a statement immediately said the european media into frenzy moscow says it was completely taken out of context and is a breach of diplomatic ethics russia is now asking europe for an explanation or says it will publish the whole transcript of the private conversation of the u.n. secretary general says peace in ukraine is crucial for peace in all of europe peter lavelle discusses the crisis in cross talk here on r.t. . in retreat you paying civil war has grounded into a stalemate in the economy this is created an opening for dialogue all parties seize the moment moscow continue. coming up hey we're not international reaching interview getting a media war response as a new channel to promote view on international affairs but. tries to lear

european commission, would be open. the big issue particularly in europe. >> let me tell you from my perspective, having spent my life in coalitions, this is an understanding we try to achieve. this starts with a qualified individual standing alongside someone else to accomplish a task. the outcome is such that it is extremely critical. i don't know the implementation and difficulties with that. a beneficiary of what has taken place in that regard. >> the development of common core, different institutions responsible for the development spent a lot of time looking for models of success and why some countries did better in mathematics and others and some did better in overall education and some better in technical education. and it would be a different discussion. we are so busy remodeling the house, we have no time to help anybody else. i think we would do well to see that we get the best implementation we can and start to see how students arrive or don't thrive in this system according to our expectations. a lot of tha

their votes and to give their opinion you must remember that none of the commission is the european commission as were voted by by anybody in europe they were nominated and they have a huge two. decision powered huge power to make decisions so these are three very basic issues the will if he is working against will be fully closed all thank you for your time and have tea party member you bronson there on the line. he is the u.s. has been spending hundreds of billions of dollars on its nuclear arsenal but with a spate of scandal surrounding the units responsible for the foundations of warheads and an aging infrastructure questions and being are still with the security of the world's deadliest weapons gun if you can reports. in a field where there is no room for error a series of scandals is haunting the management of land based nuclear missiles earlier this year ninety one officers were implicated in a test cheating scandal it's twenty percent of all officers who are in charge of some of america's deadliest weapons the air force removed the entire chain of command at the base where it happened

go on using sterling but not be part of the monetary union got a rebuff yesterday from the european commissionwho said that on that basis they wouldn't be able to be members of the european union. so yet again another piece of the puzzle completely falls aw away. >> mr. speaker, isn't the truth that isil won't be beaten without airstrikes in syria as well? and that means engaging, however unpalatable, with the assad regime in iran as well as of course the saudis? perhaps also resolving the bitter and dangerous shia-sunni conflict in the region. because ultimately isis poses a bigger threat to the nations in the region than it does to us. >> i make two points whose views on this our. first of all i would argue that assad's brutality has been one of the things that is help to generate the appalling regime that isis represents. the second thing that i would say is yes, of course what we want to see, what consistent across the piece on this is democratic government that a pluralistic and represent all of their people taking place. we want to see the in iraq urges why we support prime minister a bo

special representative for migration, you have a message for the european commission.r message, peter? >> the problem that europe faces in regard to migration is multifaceted. one significant and immediate and urgent area of this is the mediterranean crisis where perhaps 200,000 people have drowned over the last decade in trying to reach europe. europe needs to organize collect i everly to work together on the migration issue in a new way. it would be highly desirable that the commission president, when he announces his new commission in the next couple of days, should nominate an individual as commissioner for migration. this subject requires holistic thinking, free movement in europe is already creating political issues within europe and the migrant flow from africa is something which is part of not a current crisis but a continuing fact that will be with us for as far as the eye can see. so we need to do something to address it and wwe need to stop the suffering that is taking place. -- if we get a commission portfolio dedicating to pressing immigration issues, what

the president of the european commission, ryan. all yours. >> thank you. thank you for joining us.th obviously, a lot of people are focused on the rate cuts and the news that of the ecb today. by asking you what you think belowthe euro falling $1.30 for the first time in a very long time, what do you think? >> no one in europe is really concerned. most people thought the euro was too strong. >> is that your opinion? >> my opinion is i should respect the independence of the central bank. i think the decision announced today, i personally agree with it and i think it is a good decision. have very low inflation. i believe we should give all the signals to support growth in europe and the european commission has been proposing for some time that of course, we .ave to be serious public finances, but at the same time, we also need investments. all the signals given by the authorities to increase investments and support exports, to correct balances, are certainly good. >> you think the euro should go lower? since you mentioned public finances, one of the things mr. druggie was talking abo

it took about 50 years for the european commission antitrust authorities to really come to life and actessional agency. antitrust in china is really a very new thing. one of the advantages you are seeing now is that antitrust agencies now need to take some time to learn antitrust and we thought their staff and figure out what they are doing. relative to how it is developed in other parts of the world, this is actually fairly quick, for china to take the antitrust law seriously and be using it so aggressively. if anything, it is surprising that they are doing this as early as they are. >> you are vehemently disagreeing. what do you have to say? >> this is not a system of laws. the problem here is that state enterprises have become very powerful politically inside the chinese political system and they are undercutting foreign business. this has been going on for quite some time. plus you have political distress among senior leaders fighting among each other and you can't revise the foreigners. this is the closing of china from the rest of the world. we have seen it across so many differen

there are now reports that putin told the president 6 european commission that if he wants to he will take kiev within two weeks, a sign this war of words could get more serious, and become an actual hot war, lou. lou: thank you very much. ed henry reports from estonia. >> thank you. >> fox business will have coverage of the president's joint press conference, held in estonia at 4:50 a.m. eastern time, lieutenan. >> a third american working as a missionary in west africa has been infected with the ebola virus, the man was treating be be patients not ebola patients but the doctor is now in isolation, and doing now and reported to be in good spirits, development comes as director of centers for disease control is warning that the ebola outbreak that killed more than 1500 people, is now spiraling out of control. >> the window of opportunity really is closing, i could not possibly over state that need for an urgent response, to get more patients into care. more work getting done in the communitys, safer burials, these will begin to get the outbreak under control. lou: surprisingly, he sai

eu leaders have given the european commission all week to draft sanctions against moscow. we are joined by ryan chilcote who has been reporting about russia for quite some time. >> it is true. >> let's talk about this in a little more detail. let's talk about the sanctions story first of all. >> sanctions are looking more likely than they have in the recent past. the question is, what shape they might take. the reason why sanctions are likely is that the threat from the european union on saturday was that if the situation worsens, then there will be sanctions. the situation in ukraine has worsened. two events i would .2. one is president putin yesterday saying that the talks in ukraine between separatists and the government should focus on statehood. up until now, the conversation has been about russia would like to see the federalization of the country. they would like to see more autonomous powers for the eastern part of the country. is ushered by the russian president. it is provocative, unnerving for the government in kiev. the president are spokesman said the russian

we published a report couple months back with a proposal of how we think the european commission andhe parliaments and the council could promote growth, promoting secure donation and access to finance. john paul juncker has been talking about capital. there are a lot of reforms that would help promote economic growth. more concern about global competitiveness with europe. we need to think about how competitive are we compared to america and asia. >> anthony brown, the ceo of the british bankers association. guy? >> we'll take a break. back in a couple minutes. ♪ >> you are watching "the pulse." at quick look at the kiwi. what is happening. under a little pressure. the reason for that, the reserve bank of new zealand is aggressively selling. the prime minister, former head of fx at merrill lynch, saying we have further to go. pushing the currency down. we will take a break. see you in a minute. ♪ >> welcome back. you're watching "the pulse." live from london. i'm guy johnson. these are the top headlines. russia has indicated it is more thano borrow at 9% for the first time in more tha

apple is denying any wrongdoing and the european commission is investigate whether apple received a special deal on taxes from ireland. >>> microsoft is gear up for major presentation tomorrow in san francisco and the company is widely expected to preview a first look at the ones 9 operating system. a goal was to make keeping windows on the pc up to date as keeping your phone up to date. windows 9 has focus on corporate users. >> an american doctor exposed to ebola virus has admitted to hospital near washington, dc, after volunteering in sierra leone. he was taken to the national institutes of health where he is kept unobservation in a special isolation unit. he is showing no symptoms and the move is out of caution. four other aide workers have been affected. >>> there is now success in a new breast cancer drug with final data showing in patients whose cancer spread beyond the breast, they lived 15 months longer if they got the drug, the long of the amount of time for a drug used in initial treatment for advanced breast cancer. this is now part of a swiss drugmaker rouche. >>> a study sugge

the european commission has called on budapest to start supplies again. >> all right.anks nick spicer, making sense of it all. thank goodness someone is. in berlin. jo will be here on the latest of golf's ryder cup. and we'll get the later from fifa's executive committee. ♪ ♪ >>> take a look at this, more than ten years after concord went out of service, a swiss company is trying to beat its record of flying from london to new york in 3.5 hours. ter rick bahsly visited the company's headquarters in switzerland. >> what we're seeing here is -- >> reporter: this is one of a new generation of aerospace engineers, and this is his baby. the swiss space system's rocket plane. these images are so sensitive, each and every shot we viewed has been vetted. the company wants to avoid giving competitors any clues. >> we want to make sure we're going the right way. >> reporter: this space plane is currently being tested in a wind tunnel. >> what sets this company apart is what they intend to launch from this shuttle here. they are going to focus their business on the growing demand

. >>> the european commission spokesman says it will publish on tuesday reasons for in-depth inquirythe irish state aid to apple, this of course coming after the financial times reported that apple is benefiting from elicit state aid after striking backroom deals with ireland's authorities. so definitely a developing story. we'll continue to keep and eye out on apple. >>> sticking with tech, facebook is taking on google in the advertising world. the social media giant is launching its new atlas ad tools today to allow marketers to track and measure the impact of their campaigns, not only on facebook but across mobile devices and web browsers so they can send more efficient targeted ads. omnicom is among the first to sign a partnership deal with facebook. facebook is up 26% over the past three months and up fractionally in today's trade. >>> and the price for emaar properties will start trading on thursday. >> you want to get in touch with us and let us know what you think on the markets, we have that wonderful conversation on where the opportunities lie in emerging markets, e-mail us

the incoming president of the european commission has been making the announcement.he people who have a key role in shaping what the eu does over the next five years. let's go live now to our correspondent chris morris in brussels to get the latest on announcements. chris, first of all, bring us up to date on who's getting what job. what does that mean they'll have the responsibility to deliver? >> sure. it's a complicated set of people really. there are 28 commissioners, one from each member state. what he has done is reorganize the commission a bit to reflect changing priorities. he's putting in a set of vice president who is have overall responsibility to certain policy areas. most of them are recent prime ministers. he's got a political team here. then he has below that specific commissioners doing specific tasks. for example, the former french finance minister will be in charge of economic affairs particularly affairs affecting t eurozone. the british commissioner will be running financial service ises and particularly the way the banks so banks supervised and r