to the european court of justice challenging the restrictive measures imposed on us what are you hoping to achieve i mean the europeans imposed sanctions against you and they did it legally it's based on the year loss what makes you think that the european court of justice overturned it's. just sanctions and it was before we started building the crimea bridge so they had no basis for imposing sanctions i went to court and i warned. dissensions to against me in 20142015 or unlawful moten 2015 we started building the bridge so they extended just sanctions made them what. for you was more about them acknowledging the fact that the sanctions against you are lawful and unfair rather than give getting something back yes it was about lowering justice because we believed it was completely unjust dissensions were imposed will no reason whatsoever we would build the crimea. well we still have a bit to finish up with the railway tracks and we will be. wrestling through what precious businessman has of state owned kompany as they stand united in saying that sanctions are all full they hurt business

is not totally without weapons of course it can drag every case into the european court of justice bot for instance there is a debate about cutting funding to eastern european member states to act against the rule of law and that would be a much more incisive sort of measure and the next you commissioner will have to decide about that and looking back at romania for instance the governing party there had a suffered heavy defeat during the european elections because the public rose up against those changes to the judiciary system so this whole war it's not without hope for the european side but it is long and there are no easy winds or professional in brussels thank you. a 1000 people turned out for ukraine's biggest ever plus event on sunday a heavy police presence prevented a repeat of violence against much as the gay pride parade has seen in the past. rainbows as far as the eye can see so far so familiar but this is no ordinary pride parade security is tight and police often seemingly outnumber the participants of pride has come a long way since it began with a few dozen participants

through reduced road taxes making the effective price higher for foreigners and now the european court of justice has agreed that that is discriminatory. foundry followed the proceedings for us and joins us now from luxembourg balland was this decision expected. a little surprised today that the court actually ruled that the scheme is nil and void and that the total on the autobahns would not come as planned next year and the court is not following the general approach that she's beautiful. but anyway the court handed a major victory in austria and it's embarrassing for the german government because the store was in the making for at least 5 years. but does this mean then that the motorway scheme is officially dead in the water or where it doesn't go from here. it's the as planned cannot happen because the court says it's you could write for every european citizen is the model of the german government came up with an especially the very in c. is to the conservative party that it does not vote it's illegal so of course the german government can now play and you told model but the model that you re

european climate strategy that's what ruben and plaintiffs from 9 other countries want an e.u. court has since rejected their case now the group is considering going a step further and taking it to the european court of justice. that case shows that things are happening many other people around the globe are refusing to stand by and watch climate change destroy our planet worldwide groups of people getting together to collect rubbish like in the let's do it project and efforts like that a desperately needed it takes around 450 years for plastic waste to degrade in the environment and every year up to $13000000.00 tons of it lands in the oceans plastic has no place in other waterways either like one of the world's longest rivers which has been inundated by a mountain of rubbish. the nile is the lifeblood of egypt and vital for the irrigation of its farmland. but the river and its countless canals have become severely polluted and full of trash over time the plastic breaks down into ever smaller pieces. the micro particles enter the water supply ending up in crops and in fish and then in their human consumers. some air is a fisherman working on the nile. he knows firsthand about the problems pollution causes.

top court ruled it would discriminate against foreign drivers outsiders face an annual fee of up to $145.00 while those with cars registered in germany get a tax reduction the european court of justice for all the toll would have reached us. climate experts have release an image showing the rapid ice melt in greenland with a sled dogs appearing to walk on water they were on their way to refer to trees trees measuring equipment in the north west so the island scientists say it's unusual but not unprecedented for this time of year. on the ball. time for sports has one hopefully thank you very much another day and yet another new signing has officially been presented ryle madrid this time it was a french sprint phone on monday to stand next to florentino perez the defender who is joint family of 4 for $54000000.00 as one of 5 players to arrive at madrid this summer a long wave ed and has a look at all that stored rigo and they had a 1000000 town looking to rebuild after a disappointing season which saw them finish with 90 trophies and finish 19 points behind league winners bosler. it's an honor to be at this club the greatest club in the world thank you to the president for your trust

court ruled it would discriminate against foreign drivers a token charge for motorists an annual fee of us 145 dollars to use motorways those cars registered in germany would receive a corresponding tax reduction european court of justice ruled toll would have breached the laws. our facebook is a step closer to launching a payment system next year powered by a new digital currency it is partnered with $30.00 companies to manage libra geneva based association that includes visa master card and pay pal will run the currency users will be able to buy products to rec league from platforms like instagram m h stultz is an attorney at the electronic frontier foundation he says facebook's currency will be less like bitcoin and more like regular payment systems this book is under more scrutiny from national regulators than probably at any time in its history and its kind of hard to imagine field that they could go into that would attract more scrutiny for regulators than payments particularly crypto currency is no way to tell whether it will be more or less secure than payment systems that already exist what's interesting is that the defining feature of a crypto currency is that they are decentralized what facebook is announcin

those with cars registered in germany would have received a corresponding tax reduction the european court of justice ruled the toll would have breached e.u. laws after hearing a challenge by neighboring austria. a starving polar bear has been found hundreds of kilometers from its natural habitat in a large industrial city in northern siberia the female bear is the 1st to be seen in the city of norilsk for more than 40 years she was found scavenging for food in the city's suburbs climate changes been damaging polar bears sea ice habitats the animals being seen on land and in inhabited areas more frequently in the search for food climate experts released an image highlighting the rapid ice melt in greenland with sled dogs appearing to walk on water teams were traveling by dog sled to retrieve measuring equipment in northwestern greenland when this image was taken the dogs were forced to wade through a shallow lake of partially melted sea ice scientists say the melt is unusual but not unprecedented for this time of year it was caused by particularly warm weather last week facebook is a step closer to l

policy we can do that on international try to do is of america will join a real brazil the european court of justice would still have power just in the transition period just in the transition. because the arbitration process period last beyond that if you look at all to go once and for and. there will be a number of other areas like the joint committee which last beyond the transition period which by which teams civil servants effectively could michael or above the head of parliament say you know mr france hold the deal provides for an exit from europe's political union and its institutions true or false isn't that what you want to know that is not true because it still say for instance the joint committee still means political control so the deal is there chop the deal is date and there's not a business no other deal on offer so what do you do what you do is you accept the deal these days. and you say can we do better than you do in fact we can so what you do is you go straight to the so-called future relationship. and you say what is the desired end state at the end of all of these negotiations a

served as a wake up call for europe and the blocs institutions took action and march 2018 the european court of justice revoked a 22000000 euro fine imposed by an arbitration court against slovakia the court ruled that arbitration clauses between member states violate. that could set a precedent for future investment disputes between him and that's. with its judgement. europe's top court appeared to be asserting its sovereignty and power to legislate. and the european commission is adapting its model for investment protection and future trade deals with plans to set up a public international and permanent court that could replace private arbitration tribunals. let's not delude ourselves multinationals won't give up the power offered by investment up a tradition they can rely on the world's best attorneys to defend them in the name of free trade agreements signed by countries in the past. but awareness of the shadowy system gives civil society a choice it can remain vigilant protest and resist to prevent states from bowing to the economic and financial pressure exerted by corporations. to defend the pow

a flexibility that was confirmed by the recent ruling of the european court of justice. this not only affirmed that asset purchases are a legal instrument of monetary policy in the euro area but emphasized the broad discretion of the ecb in using all our tools in a proportionate way to achieve our objective. however though we have seen the successful transmission of monetary policy to financing conditions and from financing conditions to gdp and employment, the final legsof the transmission process to wages and inflation have been slower than we expected. but wage growth is now strengthening as slack in the labor market diminishing the pass through from wages to prices remains weak. this may reflect structural changes such as globalization and digitalization which mostly have an impact at this point in the price and chain. lingering cyclical weakness could also delay which price pass through as firms elect to squeeze margins rather than raise prices and risk losing market share as i emphasized at our last monetary policy meter ieting, w committed and not resigned to havin

. $35.00 while those with cars veges did in germany get a tax reduction the european court of justice ruled the toll would have breached evils. you're watching after their i'm so whole rom the reminder of our top stories at least 2 people have been injured by a rocket targeting the headquarters of several fallen oil companies in iraq the rocket came down south of bands at a site to exxon mobil shell and other energy giants operate iraq's government says oil exports haven't been interrupted ball drop has officially launched his 2020 presidential reelection campaign he delivered familiar attacks all his political opponents the media and robert miller's investigation into russian meddling i see vowed to keep america great. we're going to keep it better than ever before. and that is why did i i stand before you to officially launch my campaign for a 2nd. and. the un has demanded a thorough independent investigation into the death of egypt's only democratically elected president mohamed morsi was he never regained consciousness after collapsing in court on monday he was buried in cairo aft

but 33% wasy can, the main argument of the european court of justice saying qe was not monetarily financinge next leader of the ecb will be like. here, you have an italian who is very dovish and clearly in favor of a shared risk scenario. what happens if you bring in a german who is very hawkish and in favor of a market discipline approach? how different would they be as a leader of the ecb? carsten: at least, they could not do what mario draghi did when entered office. immediately, he reversed all of the rate hikes his first day in office. this is something others would not be able to because all of the measures and forward guidance has put any new ecb president chained to draghi changes. but what could happen if we were to see a more hawkish ecb president, for the sake of argument, then we would have the option that the ecb will lose some of its dovishness, some of the easing bias, and take a wait and see approach. anna: thanks so much. chief, ing germany economist. is getting ak facelift as the virgin money brand is being revised. that particular stock up by 3.6%. this is bloomberg. ♪ >>

and those with cars registered in germany would receive a corresponding tax reduction the european court of justice ruled the toll would have breached e.u. laws. 15 years after the last concorde flight there are plans to build new supersonic passenger jets and say they could be cheaper and cleaner thanks to new technology and tasha butler reports in the paris air show. blake shoal is preparing to bring back supersonic flight to the aviation world at the paris air show his company launched a project for a plane the could fly twice the speed of sound 50 years after concorde was designed with wind tunnels flight rules and drafting paper we now have carbon fiber composite vacherot and amex and new engines that allow supersonic flight to be accessible to tens of millions of people and a way that's economically and environmentally sustainable the companies raised more than $100000000.00 to build a $55.00 c. to plane that aide says would be affordable and produce ciro carbon emissions they hope to have a prototype flying by 2020 it's not the only supersonic aircraft project a number of u.s. startups airli

top court ruled it would discriminate against foreign drivers outsiders face an annual fee of up to $145.01 of those with cars registered in germany get a tax reduction the european court of justice ruled the toll would have reached e.u. loss. climate experts have released an image showing the rapid ice melt in greenland with sled dogs appearing to walk on water they were on their way to retrieve measuring equipment in the northwest of the island scientists say it's unusual but not unprecedented for this time of year the canadian government has approved a contentious pipeline expansion project to deliver oil to the pacific coast for shipping overseas it set the stage for a new legal battle with concerned conservationists and indigenous groups ahead of elections later this year the pipeline was for a supposed in 2016 but a judge ordered the government to take another look after a significant opposition to the transmission pipeline has been in operation for more than 65 years we approved the twinning of that pipeline so running a single additional pipe alongside the one that's already there this project has the potential to create thousands of solid middle class jobs for canadians

we now, having abstained from purchasing bonds, we also have comfortable below after the european court of justiceht -- to pursuing a proportionate manner, our objectives and comply with our mandate. instrument that was quoted was a possible decrease in interest rates. let me talk about the point i said in introductory statements. there was a quite long discussion about the weather. the period of negative interest rates and the weather, especially the expansion of forward guidance is affecting banks profitability in a way that could hamper lending. -- these are answers in the aggregate. within the aggregate there are many different situations. in the aggregate the answer was that so far we see no effect for a variety of reasons. it is not at all granted as a result if we were to further extend the forward guidance or if we were to decrease interest rates. that is why the introductory statement makes reference to mitigating measures in that case. was whetherestion the possible rate cut in some other jurisdiction might affect the european economy. it is a question we have asked ourselves several tim

flexibility embedded in our mandate, a flexibility confirmed by the recent ruling of the european court of justice. purchase are asset a legal instrument of monetary policy in euro area and emphasized broad discretion of the ecb in using all our tools in a proportionate way to achieve objectives. however, although we have seen the successful transmission of monetary policy to financing conditions and from financing conditions to gdp unemployment, the final legs of transmission process have been slower than we expected. strengthening no as a slack in the labor market diminishes. from wages to prices, remains weak. this may reflect changes such as globalization and digitalization, which mostly have an impact in the pricing chain. weakness canlical delay which prices pass through as firms select to squeeze margins rather than raise prices and risk losing market share. in this environment, what matters is monetary policy remains committed to objective and doesn't resign itself to t oo low-inflation. as i emphasized at our last monetary policy meeting, we are committed and not resigned to having a low

guntram: from the legal point of view, the european court of justice has been given a broad mandate toecb can go much further than they do today. three -- 33%nder issuer limits, these are self-imposed are the ecb governing council, not the court of justice. there is scope to go beyond an increase. the biggest obstacle will be political because in germany and other countries, one looks at this with quite some nervousness. any bond purchase in addition is something the northern european countries will be quite worried about. day, the way the qe is designed, it really tries to do as little risk sharing as possible by letting the natural -- national central banks to the purchase. i think mario draghi may be right. there is some ammunition and he can use it. matt: let me ask about the struggle between brussels and rome. how do you expect this to work out? draghi made a plea for more fiscal action. rome is trying to expand its spending, it's budget, but it can't because it has run up against the rules. saying theyconti will obey the rules but they need to be changed and i felt like there was

way as well you said democracy in poland is strong not all of your european union counterparts agree with that how is forcing supreme court justicesretire early consistent with democratic principles and president trump, is that something that you support >> no. >> translator: ladies and gentlemen, this is a very complex issue, and it's hard to answer this question because a lot of people in western europe, i think also in the u.s., did not fully understand this problem because they have not grown up in a country such as mine i was born in 1972 in poland which was in the russian sphere of influence in which a career could be made only actually when somebody enrolled as member of the communist party and who followed this people's power who was the supreme authority. this is what was happening for many years although, as you know, ladies and gentlemen, a solidarity movement grew. people were imprisoned people were tortured people were killed during the marshall law and after as well, be it openly or in a secret way. and this was the reality of poland until 1999. now imagine, ladies and gentlemen, that not so long ago, a few years ago

not all of your european union counterparts agree with that. how is forcing supreme court justices to retire early consistent with democratic principles? and president trump, is that something that you support? >> no. >> translator: ladies and gentlemen, this is a very complex issue and it's hard to answer this question because a lot of people in western europe, i think, also in the u.s., did not fully understand this problem because they have not grown up in a country such as mine. i was born in 1972 in a poland which was in the russian sphere of influence in which a career could be made only actually when somebody enrolled as member of a communist party and who followed this people's power, who was the supreme authority and this is what was happening for many years. although as you know, ladies and gentlemen, a solidarity movement grew, people were imprisoned, people were tortured, people were killed during the martial law and after as well, be it openly or in a secret way, and this is -- this was the reality of poland until 1989 and now imagine, ladies and gentlemen, that not so

not all of your european union counter parts agree with that. how is forcing supreme court justices to retire early consistent with democratic principles? and president trump, is that something you support? >> no. >> translator: ladies and gentlemen, this is a very complex issue and it's hard to answer this question. lot of people in western europe, i think all in the u.s., did not fully understand this problem because they haven't grown up in a country such as mine. i was born in 1972 in poland, which was in the russian base in which a career could be made only when somebody enrolled as member of the communist party and who followed people's power, who was the supreme authority. this is what was happening for many years. solidarity grew, people were imprisoned. people were tortured. people were killed during the marshal law and after. this was the reality until 1999. imagine that not so long ago, i was surprised to discover that in the polish supreme court, there's a whole group of justices who were issuing sentences as judges, members of the communist party, before 1990 who were p

you said democracy in poland with strong but not all of your european union counterparts agreed with that so how is forcing the print court justiceso retire early consistent with democratic principles? president trump, is that something you support? president trump: no. [speaking in polish] translator: do not fully understand it. i was born in 1972. a career could be made when somebody enrolled as a member of the communist party and who followed people's power. this is what has happened. solidarity movement group, people were tortured, killed during the martial law and after as well. this was the reality of poland until 1999. a few years ago, i was about to discover the supreme court, there is a whole group of justices who were issuing sentences and judges. was of the communist party before 1990 who were in the martial law. based on the law of the communist martial law. i was asked whether the supreme court needs to be reformed, i said yes. if it is supposed to be a country what we want to be for our children, the generation born after 1999, they have to retire and this is where we would be. everything we were doing was aimed at r

not all of the european union counter part as agree with that. how is forcing supreme court court justiceso retire early consistent with democratic principles and president trump is -- is that something that you support? >> no. >> translator: ladies and gentlemen, this is a very complex issue and it is hard to answer this question because a lot of people in western europe i think also in the u.s. did not fully understand this problem. because they have not grown up in a country such as mine. i was born in 1972 in a poland which was in the russian sphere of influence in which a career could be made only when somebody enrolled as a member of a communist party and who followed this people's power, who was the supreme authority and that is what was happening for many years. although as you know ladies and gentlemen, a solidarity people were tortured and killed during the martial law and being it openly or in a secret way and that is the reality in poland until 1989 and imagine, ladies and gentlemen, if not so long ago, years ago i was surprised to discover in the polish supreme court this were

not all of your european union union counterparts agree with that. how is forcing supreme court justices early consistent with democratic principles? president trump, is that something that you support? pres. trump: no. ladies anduda: gentlemen, this is a very complex issue and it is hard to answer this question because a lot of people in western europe and also the u.s. did not fully understand this problem. they have not grown up in a country such as mine. 1972 in poland which was in the russian sphere of influence in which a career could be made only when someone enrolled as a communist party, and who followed the people of power and supreme authority. this was happening for many years. movement grew, people were in prisons, people were tortured, people were killed because of martial law and after. this was the reality of poland until 1989. imagine that not so long ago, i was surprised to discover that in the polish supreme court, there is a group of justices who were issuing sentences as judges, members of the communist party, before 1990, who were even having sentences during the ma