for a short while ago european commission president or slow funder lyon address the need to expand access to potential. vaccines we need to invest in producing vaccines at unprecedented speed and scale and a task of this size can only happen if the world unites we need our best scientists to work together we need our global health organizations to join forces and we need governments business and philanthropist to step in and provide funding tens of billions are required. all right d.w. chief international editor richard walker joins us now from brussels with more on the e.u. coronavirus fund raiser hello to you richard so tell us what can we expect from today's fund raising summit yeah well it's the latest in a series of events that have been aimed at raising money but also awareness for the importance of the global corporation in the fight against the coronavirus and today's event is something of a hybrid really we've had politicians taking part we just saw from the line in the clips there from the european commission but also a lot of entertainers so there's been some advance like a sor

a short while ago european commission president. talked about the need to expand access to potential vaccines we need to invest in producing vaccines at unprecedented speed and scale and a task of this size can only happen if the unites we need our best scientists to work together we need all global health organizations to join forces and we need governments business and financial faced to step in and provide funding tens of billions are required. and you know you chief international editor richard walker joins us now from brussels with more on the e.u. coronavirus fund raiser richard before we get to the money what's the political significance of this event. you know well of course i mean the money in itself does have significance in fact the total just over 6000000000 euros has been raised with 5000000000 coming from the european commission and sums of money coming from other donors to germany pledging just under 400000000 or so and you know going to a variety of different aspects of this attempt to coordinate internationally in t

and the international aid group global citizen european commission president or sort of underline hasstressed the need for affordable and accessible treatment. and indeed we will only end this pandemic when it has been ended everywhere and that means every person in the world having access to tests treatments and vaccines no matter where they live and where they are from or what they look like we need to invest in producing vaccines at unprecedented speed and scale and a task of this size can only happen if the words unites we need our best scientists to work together we need a global health organizations to join forces and we need governments business and philanthropist to step in and provide funding tens of billions are required. all right d.w. chief international editor richard walker joins us now from brussels with more on that you coronavirus fundraiser hello to you richard so tell us what can we expect from today's fund raising summit. yeah well it's the latest in a series of events that have been aimed at raising money but also awareness for the importance of the global corpora

coming up criticisms leveled at the european commission for classifying. only a mid-level threat to workers a move designed to let businesses lessen safety measures in the workplace. in norway over a new memorial at the scene of a terrorist atrocity and 2011 locals claim it's in face of the haunting but survivors say it's a fitting that. i don't want to make you more comfortable. people don't want to remember to remember every single day. welcome wherever you're choosing into the program from this hour my names you know neil this is our team international. days of rage turn to silent tribute the 1st memorial is being held for george floyd whose death of police has led us society to go. it's racial divide at the level not seen in years mourners stood for 8 minutes 46 seconds the time during which the officer knelt on mr ford's neck ultimately choking to death hundreds right side the chapel to pay their respects. continue to come of in cities across the country in mostly peaceful protests. while in new york state a 75 year old being hospitalized after being

also coming up on the program criticisms leveled up the european commission for classifying 19. 2 workers a move designed to let businesses lessen safety issues in the workplace. or in norway over a new memorial at the scene of a terrorist atrocity in 2011 locals claim it's invasive but survivors say it's a fitting. i don't want to make you more. people who don't want to remember to remember every single day. one minute past 8 am in philadelphia 10 pm in brisbane 3 in the afternoon right here in moscow this friday june 5th welcome to r.t. international. days of. turn to sign a trip. the 1st memorial has been hell for george floyd whose death of police has led us society to question its racial a level not seen in years mourners stood for 8 minutes 46 the time during which. knelt on mr floyd's neck ultimately choking him to death on the chapel to pay their respects. continue to come out in cities across the country in mostly peaceful protests. that i. now want to show you some of which have been going to run the world this past few hours new york state a 75 year old man was hospitalized aft

also ahead on the program criticisms levelled at the european commission for classifying. only a mid-level threat to workers move into business is ease safety measures in the work. in norway over a new memorial at the scene of a terrorist atrocity in 2011 locals claim it's invasive and haunting but survivors say it's a fitting. i don't want to make you more people. people who don't want to remember to remember every single day. live from moscow this is r t international my name's you know neal i'm 30 minutes of news and views start. days. turned to silent tribute the 1st memorials being held for george flood whose death the all of police led us society to question its racial divide a level not seen in years mourners stood for 8 minutes 46 the time during which an officer knelt on mr floyd's neck ultimately choking him to death hundreds were outside the chapel too to pay their respects continue to come in cities across the country in mostly peaceful protests. and let's bring you to new york state where a 75 year old man has been hospitalized after being aggressively by a po

also coming up heard this morning from moscow criticisms leveled the european commission for classifying covert 19 years only a mid-level threat to workers a move designed to let businesses ease safety measures in the workplace. i don't bring norway over the memorial at the scene of a far right terrorist atrocity and 2011 locals claim it's invasive and haunting but survivors say it's a fitting tribute. i don't want to make you more people the whole point of the moral side to. people who don't want to remember to remember every single day. good morning russia for the 5th of june 2020 just past 11 the morning here now live from marty's world news h.q. in moscow then it's kevin i am with you for the next 30 minutes as a take you through those headlines you heard in more detail. days of anger and rage have turned to silent tribute the 1st memorial speed held for george floyd whose death at the hands of police as lead us society to question its racial divide at a level not seen in years warner stood for 8 minutes 46. seconds the time during which an officer knelt on george's neck ultimately c

also coming up criticisms leveled at the european commission for classifying coded 19 as only a mid-level threat to work as a move designed to lead businesses the safety measures in the workplace. or in norway over a new memorial at the scene of a far right terrorist atrocity back in 2011 locals claimed though it seemed the haunting survivors say it's a fitting tribute. i don't want to make you more. people who don't want to remember to remember every single day. just to me you know so good afternoon from russia sort of the 5th of june 2020 love for marty's world news h.q. moscow is kevin with you to take you through the headlines for the next 30 minutes . days of anger and rage of turned a silent tribute to the 1st memorials been held for george floyd whose death at the hands of police has led us society to question its racial divide at a level not seen in years mourners stood for 8 minutes 46 seconds that's the time during which an officer knelt on george's neck ultimately choking him to death hundreds were outside the chapel too to pay their respects while thousands continue to come ou

also ahead criticisms leveled up the european commission for classifying. mid-level threat to workers a move designed to let businesses lessen safety measures in the workplace. in norway over a new memorial at the scene of a terrorist atrocity in 2011 local claimants invasive haunting but survivors say it's a fitting tribute. i don't want to make you more. people who don't want to remember to remember every single day. one minute past 2 pm here in moscow this friday june the 5th a very warm welcome to our 2 international my names you know neil. days. turned to silent tribute the 1st memorials being held for george. death at the hands of police has led us society to questions racial divide on a level not seen in years mourners stood for 8 minutes 46 the time during which an officer knelt on mr floyd's neck ultimately choking him to death under its were right side the chapel to pay their respects while thoughtlessness continue to come out in cities across the country in mostly peaceful protests. that i. want to bring you to new york state now a 75 year old ha

the headlines also this morning criticisms leveled at the european commission for classifying coded 90 as a mid-level threat to workers only a move designed to let business is the safety measures in the workplace. language always over a new memorial at the scene of a far right terrorist atrocity in 2011 locals claim it's invasive and haunting but survivors say it's a fitting tribute i don't want to make you more comfortable people whole point of the moral statement. make people want to remember to remember every single day. good morning rush it friday the 5th of june 2020 life marty's world news h.q. in moscow is kevin owen delighted with years of taking through the headlines and stick around. first then days of anger and rage turned to silent tributes the 1st memorials being held for george floyd whose death at the hands of police has led us society to question its racial divide at a level not seen in the. wallace stood for 8 minutes 46 seconds. during which an officer knelt on george's neck ultimately choking him to death hundreds were outside the chapel too to pay their respects whi

at the treatment test well 5 out of the 6000000000 euros pledged if coming from the european commission and the european investment banks earlier we spoke today w.'s chief international editor in brussels richard walker to see if the money raised will be enough. certainly these few 1000000000 euros are not going to solve the problem to be fair was a lot of underlined the president the european commission is quite open about that i mean she has said many times that you know this is a step by step process and tens of billions will be needed over time. but still i mean here in brussels in a couple of weeks' time there's going to be a summit of e.u. nations trying to find agreement on a recovery fund to get e.u. economies moving after the pandemic as they as they emerge from it and they're talking of raising 750000000000 euros so more than 100 times what has been raised today so i think many of our viewers watching perhaps from poorer countries in the global south might be watching this and thinking well ultimately you know the west you have rich countries that are more interested in helpin

also smalling criticisms leveled at the european commission for classifying code 19 as a mid-level threat to workers a move designed to let businesses ease safety measures in the workplace. and anger in norway home for a new memorial at the scene of a far right terrorist atrocity back in 2011 the locals though say it's doing nothing to heal old wounds. good money for russia for the 5th june 2020 low for marty's world news h.q. you're in moscow it's kevin now in this hour take you through those headlines and some more details 1st days of anger and rage have turned to a silent tribute the 1st memorials been held for george floyd whose death at the hands of police has led us society to question its racial divide at a level not seen in years mourners stood for 8 minutes 46 seconds the time during which an officer knelt on george's neck ultimately choking him to death is family celebrities civil rights and political leaders gathered with heads bowed in front of his coffin it's the 1st in a series of memorials planned in 3 cities over 6 days hundreds were outside the chapel too to pay their res

and one quite important thing that has rubicon that has been crossed is this idea that the european commission will borrow the money centrally on the financial markets and then distribute it so there's consensus on that much but almost everything else is still open the size of the fund the commission wants $750000000000.00 euros there's a small group of countries that have come to be known as the frugal 4 who say that's too much should the money be distributed as loans that have to be paid back or grants that is essentially a free transfer of money there's big debate about that according to what criteria should the money be distributed so all of these are very very big questions they're not as minor details that this is going to be the source of an awful lot of haggling in the weeks to come. some u.n. high commissioner for refugees is calling for global action to help the world's displaced people during the coronavirus crisis according to u.n. figures the number of refugees has doubled over the past decade and their plight has been compounded by that global pandemic an estimated 80000000 peopl

your countries in other words grants that are given to those countries in reaction to that the european commission as it were the government of europe proposed a further 250000000000 in loans to european countries and that is really the question that has to be answered how much of that money is going to be given to countries and how much of it is going to be a loan that has to be repaid markhor insisted that budgetary support that direct payments to various countries in need was absolutely necessary that without that alone would not fulfill the same kind of role in this rescue package. the skeptics might be persuaded to agree to a package if the whole thing was integrated into the general into budget which is also being prepared in these months so there is still a lot of negotiation going on a lot of behind the scenes maneuvering but michael said that he expected agreement in fact to be reached within the next month or so of course the talks are continuing into the evening now climate change and creating a greener economy will also on the agenda let's hear a little of what french president emanuel

byit is both the conditions the european commission as well as the commission supply, but the national government. so it is not a free write. i understand it may serve his words to portray it as a free write, but it is not. francine: thank you so much for joining us today. he is peter elbers, klm chief executive officer. coming up, we speak with rishi sunak, the chancellor of the exchequer. that interview coming up in 20 or 30 minutes, 5:30 am in new york, 10:30 in london, and this is bloomberg. ♪ francine: this is "bloomberg surveillance. we are delighted to be joined by geraldine sundstrom. thank you so much for joining us today. we saw a number of countries in europe -- i think australia yesterday, selling this 100 euro bonds and aunt went out with little success. how much more will we see these type of insurances that influence come to fruition. how much will it mean to yield? geraldine: in terms of issuance, we would like to see a lot of it because the governments are busy , helping the world in this crisis. yields arese the very low and people are desperate for anything with posi

and one quite important thing that has rubicon that has been crossed is this idea that the european commission will borrow the money centrally on the financial markets and then distribute it so there's consensus on that but but almost everything else is still open the size of the fund the commission wants $750000000000.00 euros there's a small group of countries that have come to be known as the frugal 4 who say that's too much should the money be distributed as loans that have to be paid back or grants that is essentially a free transfer of money there's big debate about that according to what criteria should the money be distributed so all of these are very very big questions they're not as minor details that this is going to be the source of an awful lot of haggling in the weeks to come. time u.n. high commissioner for refugees is calling for global action to help the world's displaced people during the coronavirus crisis according to u.n. figures the number of refugees has doubled over the past decade and their plight is being compounded by the global pandemic an estimated 80000000 people

performance before the corona crisis and that is what currently they say the proposal of the european commission foresees ok well when the german chancellor spoke of about this ahead of today's summit you picked up on some of the challenges you mentioned georg when addressing the bundestag let's take a listen to that. chancellor merkel says the e.u. faces the greatest challenge in its history economic freefall unemployment industrial bankruptcies and rising debt and all of this just weeks before germany takes over the rotating e.q. presidency. countries accusing is no country can overcome this crisis alone we can only made it if we work with each other and for each other our common goal has to be to overcome this crisis as a community with long term solutions merkel defended a plan to rescue package worth 750000000000 euros saying this is a way to fight populism and european division but the far right if tea party says this sum is too high and these crises won't be solved by spending massive amounts to help companies out of debt no to 9000000000 euros in transfers and liability risks the german

vote the other hurdle of this deal has happened to get over today has been approval by the european commission by the e.u. institutions because in the government acquiring such a large stake of. the state aid rules which apply across the european union have to be here to the european commission has said well this deal does that here but of course as i say the big caffie at here is will the shareholders indorse this deal. as we reported strain is largest airline quantas is laying off thousands of its stuff as it tries to supply to survive the pandemic the airline says it doesn't expect the nation's borders to open at least for tourists for the for the coming year the click gauge reports. right now qantas is meant to be celebrating its 100th anniversary instead it's dealing with the biggest crosses in its history the is truly a national airline has fired 6000 staff and another 15000 who stay on leave from moments this crisis are still here it was very very hard and the impact will be felt for a long time particularly i'm sorry to say the impact on our people. with borders closed and flights grou

other words money that's pushed across the table towards them that was the reaction from the european commission that was like the government of the european union was to add a further 250000000000 euros to that in loans and the question is whether this is this is in fact should be grants or should be loans there are some countries in the european union who feel that giving other countries money is not a way or the right way to do it all of this money should be in the form of loans it should be repaid over the years cohen says that today that budgetary direct assistance was the only way in fact to risk who countries that are in need at the moment and he said that he thought that within the next month or so some agreement could be phoned but in the end with likely to end up being some kind of compromise in the european union nana probably some sort of mixture between learn funds and direct grounds. and what about climate change and creating a greener economy hans we know that was on the agenda today what are we expecting from germany as it is set to begin had the e.u. presidency on the 1st of jul

institutions and so far at least the european commission is said no that look turns this deal can go ahead ok don we'll leave it there thanks very much dominic kane our correspondent in berlin. well as we've been mentioning australia's biggest carrier quantas is laying off thousands of staff as it tries to survive a global pandemic the airline says it does not expect the nation's borders to open at least for tourists for the coming year is nicolas cage. right now qantas is meant to be celebrating its 100th anniversary instead it's dealing with the biggest crisis in its history the israeli national airline has fired 6000 staff and another 15000 workers will stay on leave the moment this crisis is still hit was very very hard and the impact will be felt for a long time particularly i'm sorry to say the impact on our people. with borders closed and flights grounded quantas says the ongoing collapsing global air travel left it no choice but to cut 20 percent of its workforce it's a huge setback for the aviation industry $100.00 planes will be grounded for at least a year with a stroller

president, commission president, honorable members from the european parliament. a few days after the killing of , i went to take my youngest daughter to bed. me,went silent, then asked will they kill me, too? colonialism has defined american and european societies for centuries. it has deeply rooted prejudgment and inequalities that still prevail and to factor kill people. structural racism in europe is different from the u.s.. we don't have the same history of slavery and lynchings, but we do have documented atrocities in our colonial history which still throughs today discrimination and police brutality. in addition, we have recent history of systematic persecution and mass murders of persons to of lgbt name a few. no one is free unless all are free. strong signal. a this parliament and your commission will define how that you steps up to create a sustainable society that leaves no one behind. racism.n be no room for a first step would be to unblock the antidiscrimination directive that has been stuck in council since 2008. madam president, a call on you and th

national program and the european recovery fund to make sure that green growth and digital progress are focused on the suggestions for the green deal that has come from the commission is one of the central ideas and it also constitutes a great opportunity particularly for those european companies which had such highly innovative power looking at the viability of europe but looking at what future generations will face we also need to negotiate quite intensively about in european the climate protection law the idea being to make sure that all member countries join and we want to make sure that by 25th europe will be climate neutral that is something which was a difficult. goal to achieve but we want to actually can start in stone legally and secondly digitization we want to make sure we can digitize business answers side to this will help cement the economic success of europe will allow us to act even in the future in order to achieve that we need to be. independent in digital terms and economic terms the pandemic however has made very clear how dependent we are when it comes to digitization of others from the point of your technology as well as services but if i spe

based on racism, so very quickly on the issue of the european parliament and the european commissionation of black and minority ethnic groups? no, no, no. it is a disgrace. we are representing the people of the european union, and we are like five or six black persons. that is not a... we should have been more. i think this is a huge challenge, because we know that we need the trust from the people to be able to hold the democratic fort, and this will crack down if we are not better in making sure that you can reach the position of being an mep even if you are black or a woman or an lgbti person and so on and so forth. baratunde, how would you answer this question? i appreciate the question a lot, there is a lot in the question. my answer is, in part, we have a global economic system which is built on foundations of eurocentric values, white supremacy, but as importantly on exploitation of limited resources, human and natural, on extraction and on a belief in infinite growth. those are incompatible. you cannot believe any model of infinite growth on a base of limited human and natura

before or the documents from the european commission were starting to enter the u.s. market make any shamus they were always pushing for early release. and now this is not something that you can easily do in a public way. so the official answer from the european commission was of course we support a human right to water and that happens now in rio in legislation. what is the problem to recognize a human right to what their i mean it's a right because made by the e.u. it's something that is essential for life. the only problem is the business and profit. the right to water petition has so far halted the ambitions of financier's around europe. but it remains a fragile victory. there are 2 paths and i don't know who's going to win this it's either water is a commodity and it's going to be put on the open market for sale or it's not it's going to be understood to be a human right you can't have it both ways it's time to choose now which path we're going to. i totally get the money it was a different place and it's changing and it's changing for. the focal point because th

to be built for instance the size of the fund as you mentioned you know the number that the european commission has come up with the 750000000000 euros well there's a small group of countries that of earned the nickname the frugal for they want to spend less they haven't said how much less but they definitely want it that number to be lower also there's a big debate about what is the balance between the amount of money that's actually given out to countries as grants or that's handed out as loans which then eventually need to be paid back that frugal for their very keen for it to be loans or at least mostly loans the countries that need the money what's the point is lending is this money we're going to end up in big debt so that's the kind of flavor for the kind of issues that there are there are many others too but the haggling really now begins so they're going to be weeks and weeks of negotiations taking part taking place in around the middle of july they want to have an in person summits try to make some real progress so weeks and weeks of negotiations meantime we have those countries in ne

transition period, but this becomes official today because he to the vice president of the european commissionster will be speaking to the eu commission and the eu parliament and the eu council that represents the member states on monday, and the message will be much the same. but what michael gove was also saying was that in effect, the government would have to take some pragmatic and flexible measures at the end of that transition period and that amounts to not actually doing some customs and border checks on goods as they come into britain for a further x months. they are also announcing that today they are sorting out the infrastructure on the border. they might need more customs infrastructure, there might have to be new facilities in land if they couldn't cram it into existing british ports. so michael gove was asked whether, in fact, as somebody who had advocated brexit and had beenin who had advocated brexit and had been in charge of preparations for a new deal brexit, whether there really was a failure to prepare. in an in the 1st ofjanuary next really was a failure to prepare. in an

an environmental tax how that money should be brought back into through the pockets of the european commission also a conditionality is another tricky issue and of course the issue of what other criteria for the funding should countries that have overspent for years and currently italy and spain are the ones that really receive the biggest chunk of money from the recovery fund who should they be really be rewarded for not seeing through enough structural change that is what critics of the current commission proposal say or should we rather focus on the actual damage that corona the grown up and demick has done tricolor me so a lot of questions on the table or overall there is agreement that solidarity is important and that this crisis will need requires an adequate answer and as e.u. leaders discuss as as we mentioned they're discussing this right now they're doing so virtually to talk with us a little bit about you know how big a factor that could potentially be because usually they'd be doing this up close in person. well i was surprised at 1st that we already had a an all nighter where whic

the president of the european commission brings together more than a dozen world leaders with the aimny future treatment universally available. this pandemic threatens eve ryo ne this pandemic threatens everyone of us, defeating it is the most important shared and ever of our times, and when we do so, it will not be a victory for one nation, but a triumphant for all humanity. translation: we can only beat the covid—19 pandemic and its consequences by working together. germany will continue together. germany will continue to play an active role. there is only one certain way out of the pandemic, and that isa out of the pandemic, and that is a vaccine. coronavirus cases have been rising sharply in latin american countries. in brazil where this stadium in rio de janeiro has brazil where this stadium in rio dejaneiro has become a temporary hospital, there have been what more than one point million —— 1.3 million confirmed cases. a deal has been signed to produce a vaccine locally which has been developed by oxford university and a british drug maker. a desperate need for it means producti

the president of the european commission brings together more than a dozen world leaders with the aime treatment universally available. this pandemic threatens every one of us. defeating it is the most important shared endeavour of our times and when we do so, it will not be a victory for one nation, but a triumph for all humanity. translation: we can only beat the covid—19 pandemic and its consequences by working together. germany will continue to play an active role. there is only one certain way out of the pandemic, and that's a vaccine. coronavirus cases have been rising sharply in latin american countries. in brazil, where this stadium in rio dejaneiro has become a temporary hospital, there have been more than 1.3 million confirmed cases. the country has now signed a deal worth more than $120 million to produce locally a potential vaccine, which is being developed by oxford university and the british drug maker astrazeneca. the desperate need for it means that production is being scaled up before trials have even finished. translation: with the agreement that will be signed, we w

for sovereigns, a backstop for sme's, and a backstop for unemployment, which is through the european commissionere are the messages of going through some of these european instrument for companies. it is interesting that you think it has a use, even if it is not tapped. you mentioned it has light conditionality and low fees. could the conditionality be reduced further, if that was found to be a stumbling block that member states did not like? kalin: the only conditionality attached to our instrument is that it has to be used for direct and indirect costs, and all countries are made available , some countries in the euro zone can use it and use up to 2% of gdp. show it is used for medical and health care expenses, and they need to provide details on how much this -- is and how many billions they will spend on direct and indirect costs. the money can be drawn and applied for up to 2022. matt: what do you think of -- the esm, you are right, has shown an ability to adapt to the crisis. what do you think of the esm and the social bond principles that you write about in your blog? kalin: what is inte

the european commission is more confrontational. e.u. lash out at beijing over hong kong's autonomy, disinformation, and foreign investor meant -- foreign investment. we are in brussels. hard times for softbank. the company sells part of its t-mobile stake, creating 21 billion dollars to help offset record losses in its investment business. we will have the details for you briefly. just under one hour away from the start of cash equity trading in europe. let's take a look at futures this morning after we closed down yesterday in the u.s. -- and the u.s. managed to eek out some gains. they are trading solidly higher. dax futures are up .6 percent. ftse futures up about .25%. what do you see on the gmm? anna: we have certainly been whipsawed by those comments by peter navarro on trade and the ability to cling to that phase one trade deal. the upside of see that. a little bit of positivity for asian equities. up in thesian-pacific trading session. u.s. futures taking a little bit of a let down. .3% to .4% on the major u.s. futures market. w

months from the initial decisions that were taken in the middle of march, from the ecb, from the european commission from member states, and then in measures have national level and european level, are clearly, as we say, on residence it. only nationalve reactions that are impressive. yesterday the german plan was presented, and as you know, it plan.very strong but we have for the first time, so to say, european, and fiscal , and thishis recovery will be discussed, but it will come at the end, be approved, and i think it is really an opportunity for the union to be more competitive and stronger together. francine: mr. commissioner, what makes you so confident that this will garner unanimous approval by member states? will they have concessions? these countries that so far have been very reluctant on the side. paolo: the reaction i sought to and, i repeat, unprecedented initiative, because we are talking of the fact that the european commission will go to the markets and borrow 750 billion common debt to finance the recovery. confronted with this proposal, member states reacted in different ways, but

fact charges are expected so in a nutshell amazon has its own private labeling brand and the european commission investigation is focusing on that in the 2 state investigations. are sort of looking into similar issues but basically what that means is amazon has the ability to collect data on a lot of it's 3rd party sellers like information like who's looking for what how well it's selling and the european investigators as well as some state trust regulators here in the united states are trying to see if amazon is using that information to boost their own private labeling business as and that's inadvertently or not inadvertently but by doing that they are creating they're becoming competitors with the very people that they are allowing to sell their products on their marketplace so it's about can amazon exist in a dual role as a marketplace and also a competitor to these 3rd party sellers that they're allowing to use their marketplace molly this isn't the 1st time we're seeing this antitrust concerns about amazon operating the retail platform and selling these products have been raised before wil

merkel and and manual -- and emmanuel macron, that they want to foster -- do the rules of the european commission change -- need to change for that to be allowed? and should they change? margrethe: well, we do have quite a number of european champions. you will think of lufthansa as one of those champions. what is the most important in creating champions is of course that the single market works because here we see if we can make the single market work, then european businesses have a home market that can match that of the u.s., and to some degree that of china. having a home market that is united and single, that is the most important thing for businesses to try. the second thing is of course if you want to survive in a global marketplace, where the waves are difficult to maneuver, then you need to be used to that. this is of course why businesses in europe will still be challenged and not be left with a single market all to themselves. we can do those things at the same time. we have had amazing mergers when it comes to cementing their commitments. leading companies but still challenged in thei

this is why i am here as president of the european commission. i want to get to the bottom of this question -- of these questions. next week we will have a .tructured debate on racism let us look around here in this very heavy cycle. the diversity of our society is not represented, and i will be the first to admit, things are the college of commissioners, or among the european commission staff. and this is why i say, we need to talk about racism, and we need to act. it is always possible to change directions if there is a will to do so. example of one small a small step in the right direction that i witnessed when i was the defense minister in my home country. at the time in the germ and armed forces a was in place for decades. it always favored the same. we have some excellent candidates that would bring valuable assets to our armed forces. erratic --peaking but those were, not valued. not at all. abroad, such skills could save comrades life. but at the time, the attitude was, but the system does not allow for this and we have never done this be