we have them from france. nicolas sarkozy who you see her in his car driving away, has conceded victory to francois hollande, a socialist. very fast to concede before all the votes were counted. he knew it was over for france, one of the largest economies in the world. big questions if francois hollande will do what he said he's going to do and how the world and the markets and 401(k) will respond to that. >>> up next, insight and later live to madrid and look at spain. one country in europe did most things right and still got dragged under by the financial crisis. this man is about to be the millionth customer. would you mind if i go ahead of you? instead we had someone go ahead of him and win fifty thousand dollars. congratulations you are our one millionth customer. people don't like to miss out on money that should have been theirs. that's why at ally we have the raise your rate 2-year cd. you can get a one-time rate increase if our two-year rate goes up. if your bank makes you miss out, you need an ally.

it was not only france and germany. there were also elections -- france increase, rather. were also elections in the federal state of schleswig- holstein. this cd you lost in that ballot. although the cdu won most of the votes as coalition partners, the fdp suffered serious losses. >> the opposition social democrats did not do quite as well as they hoped, but they do not want to form the government in coalition with the greens and a small regional party. >> chancellor angela merkel congratulated jager, but he is unlikely to be able to put together a majority coalition. the national leadership is not making any demands. >> this is a local matter, not something we need to discuss at the national level. >> the social democrats and finished second. there's not enough support for their preferred two-party coalition with the greens, but they have just enough votes with the backing of a small danish minority party. >> a majority is a majority, and with the six parties competing up, it is clear that it will get harder to put together a coalition. so i am just glad this will work.

he's not a dictator, he was just elected president of france. and i also say this is how-- >> and i also don't think that president obama is-- >> one at a time, one at a time. don't want him called a dictator. stop, stop stop! >> now, gary to your point of this disabusing people of the notion you think this guy is a dictator. go ahead. >> what do you call somebody in his first day comes out and is talking 75% tax bracket? what do you call somebody that-- >> a liberal, a liberal. >> and call them-- it's called economic dictating of policy. and he -- and the worry is we have not seen the likes of somebody like this for many, many years, we already know that it's liberal over there. i think he's taken it to the umpteenth power out of the get go and there will be repercussions, i guarantee american companies that do business over there are in their board rooms talking about it today on how they're going to go-- >> and in his case, he reverted and took on more capitalists, when the socialist thing failed. what do you think happened here? >> well, nei

that frances place in the world was in the front rank. he of course lead the nato intervention in i will libya last year. and he saw himself very much as somebody who was projecting france as a member of the security council as one of the world's lead pog we ares. and that's a seductive self-view of france which i think resonates. so i think hollande will be a little bit more measured. you mentioned the nato summit. he is, of course, pledged to pull france's combat troops out of afghanistan by the end of this year which is at least a year ahead of the previous schedule. and so that suggests that he is perhaps a little bit less ambitious than mr. sarkozy and that's going to be something in chicago which will have to be sorted out with his partners. i think his concentration is going to have to be so heavily on the french economy and on the european situation that he may be less expansive, if you like, in foreign policy terms than mr. sarkozy. >> can you say, justin, that hollande believes looking at the campaign and looking at whatever we

general motors says it would consider closing a plant in eastern france. an advisor to hollande telling we would start to arm wrestle with management and they realize there's a former economic life and respected workers as the values as part after big company. so if our companies are getting the french to kiss off over there, we are looking at more broken hearts over here? and to dagen mcdowell who no doubt broken many in her time. and gary, what do you think? >> there will be a definite effect. look, when you have socialist economic dictators over there telling companies what to do and how many employees to have, that's nothing, but trouble. what if the man dropped and dropping in europe and you don't need that certain amount of employees, that's going to directly affect your profit globally and are' going to start looking at home to do something about it and that means maybe losing some people here and nothing good comes out of something like that. i mean, that isn't even a threat. and i mean, that's just, that's like what my people do. >> and you mean,

>>> well, it's a big weekend in france.his weekend voters will decide who their next president will be. right now it looks like the socialist party leader will oust nicolas sarkozy. is it austerity or more spending? with us now is managing group, president of the american action form. good to see you both, gentlemen. thank you both for joining us. >> thank you. >> why is this election about old europe versus new europe? what's at stake in europe and from the u.s. from your standpoint? >> elections are about the future, maria, and the problem is that you have one guy that is looking at old europe and another one looking at old france. they should be focused on the future, looking at a more entrepreneurial society. france doesn't have a population growth. there's a lot of things going wrong in france which is very good. a good thing for the presidential candidates to pay attention to. if i'm president obama, i'm watching and his campaign team, i'm watching closely because it will allow us to fine-tune his message and say focu

>>neil: well, what happens in france is not staying in france ahead of the bailout fund, all europeanow and steady with the cuts, the economics editor in london. what does it mean? >> well, there are big questions, now, both over the long term phase, because in the end it is that relationship between france and germany, at the center of the european project that kept it right from the start so people will look at francois hollande and figure if he can get along with germany and merkel as well as sarkozy did in the past but, they are not from the same political background, obviously, you are talking about rights and merkel to the right, and francois, of the left, and so, there are some questions what they can get things working politically and from an economic stand point a question of whether mr. hollande is willing to go along with the big german plan to impose the biggest southwest austerity measures across the euro zone that we have seen since world war ii and that has not been working out very well. >>neil: if i am germany looking at this and thinking, well, austerity is out of fa

will have more on the future of france in -- we will have more on the future of france and the eurozone later in the show. >> but first to ukraine, where there is a delay in the conviction of former prime minister timoshenko. >> lost october, -- last october, she was found guilty of abuse of power in a trial that was seen by many as politically motivated. palestinians are marking what they call the day of the catastrophe. it is the exodus of thousands of palestinians from there homes after israel declared statehood in 1948. there have been clashes between palestinian youths and israeli soldiers. the israeli army is on high alert. >> 64 years after the creation of israel, about 1.5 million palestinians live in refugee camps in jordan, syria, and 11 non -- lebanon, as well as the west bank. >> our correspondent visited one of the largest camps in the west bank. >> the refugee camp south of bethlehem was built in 1949 as a temporary refuge for fleeing palestinians. but today, it is nearly a city unto itself. this man runs a small shop here. he was just a child. >> we have land and belongin

thank you so much for a bit harness independent journalist pressurizing on france. the speed at which is the most radicalism has filled the void created by the arab spring has alarmed many in the west and now it's a riot in their own backyards one of the most extreme branches of islam is making its voice increasingly heard and all under the protection of the west cherished laws. afternoon brewer in central moon. and once the worshipping ended the free distribution of qur'an continued. three hundred thousand copies in over one hundred six across most parts of germany. is certainly pretty here if the bible can be distributed why not the qur'an. there's nothing illegal about handing out the koran the campaign may be provocative since it kicked off during easter but it's not even the timing which could do so much attention but who is behind the distribution. that's the southeast movement is one of the most radical wings of islam known for its truth interpretations of the qur'an and in association with jihad the holy war against nonbelievers and punishments that can incl

in france and belgium there were some civilian casualties but they were not enormous in numbers. by far the largest number of civilian casualties were in russia and eastern europe, because they are, the fighting covered a vast area and unlike in the west, the front moved back and forth hundreds of miles at a time, and when it moves, each army left scorched earth behind. they blew up all the buildings and cut down fruit trees and poison the well so there would be nothing left of use to the other side. each of those moves set millions of people in flight. there were something like 6 million russian refugees alone who were in flight over the course of the war. nothing like this had happened before for a long long time in europe. the other reason the casualties were enormous and occupy a eastern europe and in germany and austria-hungary was that this was really the first war between large constellations of nations, large power blocs where each side tried to starve the other into submission. the germans of course trying to do so by submarine warfare in the north atlantic, sinking ship

but again assuming that approach to france won't change but i'm afraid that maybe france approach to russia into what you know will change because. when the rights were managing the fronts during this last five years. they did a lot to increase the ties with russia and i hope that if we keep on going on this way but i'm not sure and maybe the next months as we see some interesting developments there there are a lot of in our studio here in moscow analyst alexander lotsa thank you very much thank you very much. and in just a few hours into his role as president vladimir putin wasted no time in putting his skates on but this time he swapped the political arena for the hockey rink where the leader took to the ice he took up the stick to slug it out in a friendly match between his team of so-called amateur players and the legends of sport here in russia but experience failed to hold of the putin team back as the president first scored a field goal and then landed the winning pop in a penalty shoot out a final score six five all in a day's work for the leader. socialist francois hollande

twenty so the world is certainly watching what kind of france is going to be with france warlord as their new president to sort of sort of there which is talk of the nato summit. of the things on his forthcoming agenda along let's talk about birds with tom's roving correspondent on the line from bangkok this morning. the voter summit we're talking about is coming up next month where from the plans for an earlier troop withdrawal from afghanistan well sort of. from his allies in the region how are they going to respond to that work or reactions you can receive generally do you think. in fact most european countries want out of these nato at fenchurch not only in afghanistan but in the rest of the world as well so hollande is going to get a lot of support for that he plaids doing to convey no french soldiers in afghanistan after the end of two thousand and twelve effect some of the mothers of young countries and some will leave next year as well so we will be left with a twenty thousand plus america swell talk of which what sort of relations going to be like has are going to pan out with wa

france and greece holding elections today. explain how the outcome will affect the stock market and the u.s. market, cnn chief business correspondent ali velshi joining us now. let's begin with huge news out of france, nicolas sarkozy would be out and instead francois hollande in. how is this going to impact the business market? >> well, he's just conceded. for the moment i would say to you we're still waiting to see what happens in greece. france is the more important economy. i'm not sure that there will be a sudden market reaction. generally speaking markets are not going to like the fact that a socialist that wants to increase spending is in charge of one of the largest economies in europe. that said, i think analysts are going to wait to see what francois hollande, the man on the left, is actually going to do rather than what he promised to do during the campaign. a decisive victory by the socialist leader in france. here is what it comes down to, fred, the battle in france, the battle in greece and the battle here in the

let's talk about the work that has to take place here in france. on the international stage, i would imagine francois hollande is one of the least well known world leaders. >> yep, but he has the biggest challenge in his hand, and i think for european leaders, even though they don't know him, they will come to know him very quickly, because if you see the time table for the three coming weeks, it's all about international engagement, and also, if he wants to implement any of the pieces he has promised the french people, he needs to win the european challenge. >> we're going to talk about greece in a moment when we go live to athens, but i just want to get your reflections. there does seem to be a coming together of certain things, the socialist victory here in france last night, the rejection of mainstream politics in greece. it does seem to be that there's can a move towards austerity is having problems. >> well, you're saying, it but i can only improve what you're saying. >> no, it was a question. >> no, but raising the question is giving me the

i love the people of france. and i want between between us to be a relationship that allows for everything and that is called trust. >> stefane and steve are both in paris digesting the fallout from yesterday's elections. guys, main question is probably how much of a challenge hollande's win is going to present to the european us a tear day plan now. >> i think that and also the confidence the markets will have in hollande and indeed his plans for growth. let's take a step back and see what the country is that he has inherited. it's a country with virtually no growth. 0.7% in 2012. it has some of the most competitive labor are practices in europe. they have a debt for gdp of 89%, a record trade deficit, unemployment 13 year high. so my question is what hollande put on the table for a new dawn for perhaps? >> he needs to find the resources to finance his program. he will raise taxes, cooperate tax to 55%. he will raise taxes for people earning more than 1 million euros per year. so this is how he will get the reso

witnessing while celebrations at the socialist party headquarters in paris but the results are out france has a new president socialist challenger francois long has a college of victory making him the first socialist president in a seventy day years and for because sarkozy is now the eleventh e.u. leader to be swept from power since the crisis started putting forth this add to your sturdy sentiment should we bring across the continent now for a lot he has presented himself for the most part as the man who will unite france will bring back equality essentially by wanted to heavily tax big corporations and rich and the vigils does not cause he had said during his campaign that he is the only one who will be able to bring france out of the economic part bar it's a little long said it is speech that he is up to that challenge one of the first things he wants to do as president this is speak with germany's angela merkel to renegotiate that fiscal pact that had been agreed apart so really it's sending a symbol to europe this is a socialist went in france it's a what kind of what direction europ

at the history of france that there is no real difference between. the center left and just into right when it comes to foreign policy so you should expect. the continuation of the current trend. and you've been in them in the media and even mention that in the middle east and the same. is the same for push for more european integration all right alex hormel spokesman for the cultural points dot org news website thank you. thank you very much. opposition activists have clashed with police in central moscow after defining orders to move to the officially agreed location for their rally the anti-government protest dubbed the march of millions was timed for the eve of putin's presidential inauguration artie's a year going to school all that has the details. the police have managed to restore order on bolotnaya square most of the protesters have now left the area but i must say at some point it was pretty ugly itself originally was pretty peaceful until one of the radical leaders of the opposition i said if you will die so if called on the crowd to move

the headlines this hour, francois hollande is sworn in as president of france. the first socialist in the post in 17 years. news international's former chief executive rebekah brooks is charged with perverting the course of justice in connection with the u.k. phone-hacking scandal. >> coming up in sports today with me, katherine downs in half an hour. the blue half of manchester comes out forced to cheer on their heroes. the english premiere league after 44 years of winning the top title. in real madrid, after breaking goal and points records. and then off to the controversial blue then back to the red stuff. monfils is the winner in day one in rome. >> more on our lead story. going back to the elysee palace. doesn't look so huge from there. but with me is from the university of college london near london, obviously, but we're just having a look at these pictures. it is a pretty cavernous room, isn't it? >> yes. contains the several hundred on hand. >> plenty of glad handing to be done by the president here. just what you made of the inaugural speech. >> of cour

sarkozy france will play a much calmer and more measured role on the world stage. the biggest change you have to say is that it will be one of style stuck ozias is it's very dramatic he leaps into a plane and flies to georgia he intervenes dramatically in libya very vocal in his hostility to syria and iran i think if all of these elected don't leave is it i know means certain yet he will be much more car and withdrawn partly because he doesn't carry the experience to credibly leap into the into the forefront if you like but also by temperament he is much more of a synthesizer as the saying goes than than sarkozy he's much less a dramatic personality and i think because he thinks that france needs a change from the slightly energetic style of leadership of nicolas sarkozy but i think one has to say that there are a big question marks but far small and he's never been a minister of any sort i mean this is i would say probably almost unique in a major western country that someone's got this far in the electoral process and they've never served in any sort of for publi

the key relationship is between france and germany. already francois hollande and angela merkel have expressed their commitment to work closely together. on the central question of how to deal with the eurozone crisis, there is no mistaking they have different priorities. in berlin today, the german chancellor insisted she would not shift on budgetary discipline in the eurozone. >> we believe it is not up for negotiation. i consider the fiscal pact binding. >> germany is set on keeping a rigorous economic program. the french socialists wanted to change radically. >> as he prepares for power, there is a mood of uncertainty in europe over how this crucial debate over austerity and growth will be resolved. >> uncertainty is putting it lightly. for more on the election fallout, i spoke to gavin in paris a short time ago. given that this was a vote against nicolas sarkozy, and how much did the french people vote to reject the policies of austerity? >> i think many french voters have grown weary of the kind of high octane presidency of nicol

the job market not great in france. healthcare in france, not great.ve gone from the fresh prince of bel air to where he is now. >> greg: he admits that. i don't think the government owes the gratitude. >> i am very confused. i know i'm sitting in for bob. i look outside and see new york around me. are we in france? are we suggesting we have 75% tax? no. we are in the united states. >> andrea: pretty close. >> i live in los angeles. california is tough. he is talking about 30%. 30% in the united states. not 75%ment talking about how great the nation is. we're not proposing what france is proposing. >> what are they proposing? >> eric: they are trying to propose 30%. trying to raise the capital gain tax. we're trying to become close to socialist france as possible. it's not working in europe. the reason they talk about 75% is the socialist just elected the president of france. so let's do more of what is not working. we're trying to emulate that; raise taxes, redistribute wealth. why are we doing that? look at california. california is practically franc

power the technocrats going to fight back against this change in france expect them to. yeah i expect this is going to be giving i think you're absolutely right that is the beginning of push and shove and the push and pull here it's not the end but what we are beginning to see whether it's the united states quite frankly or in western europe is that the austerity programs are massively unpopular with the public the more deep those austerity programs because the more suffering they engender the more unpopular they become this is been more or less the case with austerity programs for about thirty five to forty years mostly in the developing world where they were tried and pushed historically and increasingly in the developed world which is in many ways in the situation that we saw developing countries in in the seventy's eighty's and ninety's and we're seeing a very angry public response here on the other hand there's going to have to be structural change in europe that's probably undeniable and the sixty four thousand dollar question remains does europe try to integrate m

the soul of france is equality. he is really dedicated equalizing the wealth base in france. i mean this is quite revolutionary after so many years of rightist rule. and he's got a lot of different things to balance. he doesn't even have his cabinet in yet. we'll have to see whether he goes the route of naming someone like martino bries his prime minister who is very much to the left who talks about militants and combat, who brought in the 35-hour week. >> brown: okay. >> which has wreaked havoc with the workplace. >> brown: you're saying the bond market is ruling and politics aside? >> i don't care about the bochbd market personally. in the end i care about that we as a society, no matter where we live, we have to make sure that we make our own books balance. we need to finance retirement. we need to provide health care and all these things. we had a 40-year economic model where we always thought the politicians were going to promise us something. we kind of knew that it wouldn't add up. but we said, okay, you're the politicians. you're the leaders. you must know. that's the

of of the day's main news at the top stories of the last seven days and first polls have opened in france as millions choose between the two candidates in the runoff vote the defending president nicolas sarkozy's already claimed the elections on a knife's edge is he closed in on rival francois hollande in the final polls let's get the latest cross to paris our correspondent test it is there a risk high test we know both candidates of past the ballots now but is it as close as sarkozy is claiming. well it is at this point it's still very neck and that could mean the difference between the two is between four and seven points of word on the street here in paris if you talk to a random french person they do get the feeling that the country will get a socialist president the first in seventeen years that says fossil mitterrand left in one nine hundred ninety five but of course nothing is certain until the french cast their ballots under so a lot of variables in play here first of all who are the voters who voted for money in the pen who finished third in the first round and those who voted fo

french and expanse cast their ballots in the country's runoff presidential vote as france decides on sunday between nicolas sarkozy and his socialist rival francois hollande and an election which has sharply split the country. the man accused of masterminding the nine eleven terror attacks stays silent and then a rainman hearing at guantanamo bay a military court with some claiming its timing as politically motivated. as russia's republic of dagestan mourns the victims of a deadly twin bombing which killed thirteen people and injured more than one hundred taxes specter to our international terrorism links. here with our team and we bring you news in common broadcasting live from the heart of moscow i would characterize french voters abroad have begun to vote in the last leg of the nation's presidential election and what's been one of the most bitter and divisive campaigns in recent history incumbent nicolas sarkozy is battling for his political life against socialist challenger francois learnt voting is in full swing at french embassies across north and south america a day before bal

and still ahead on r t the pressure is on for france's new president to dohring crowds i'm sure of in france well armed they're all being the only military at imminent crucial negotiations which could dictate europe's debt survival plan plus. jailed russian businessman victor boot and gives his first interview to english speaking since his extradition to the u.s. he exclusively tells our team about what's behind his conviction. and it's been another turbulent week for the troubled you as and tile sturdy anger spilled onto europe streets in spain tens of thousands marched in eighty cities across the country on saturday with loud demands for an end to cuts and economic misery earlier in the week violent clashes erupted italian city calls where hundreds of protesters attempted to storm a local tax office that's as euro zone's future of again descends into doubt over greece sticking to the harsh plan to dig it out of debt party leaders are in a last ditch effort to former coalition following last sunday's inconclusive election if they fail it would mean going back to the polls in a few we

french experts cast their ballots in the country's run of presidential vote as france decides on sunday between nicolas a cosy and his socialist rival francois hollande in an election which has sharply split the country. the silva proclaimed mastermind of the nine eleven terror attacks on says the judge's questions but the stony silence at a one ton of the port was something the timing of the military tribunals is politically motivated. and a day of mourning is observed in russia's republic of dagestan where the victims of a double bombing which is thought to be linked to international terrorist groups. here live here with us from moscow it's five o'clock here the top headlines french voters abroad have begun to vote in the last leg of the nation's presidential election in what's been one of the most a bitter and divisive campaigns in recent history incumbent nicolas sarkozy is betting for his political life again socialist challenger france are all and voting is in full swing at french embassies across north and south america as ballots are open in a few hours across mainland france au

and nicolas sarkozy falls under the weight of france's mounting debt is socialist leader. grabs the presidency spelling change for the eurozone now. hello it's ten am monday morning here in moscow this is our team my name is kevin know it in our top story for you this morning vladimir putin returns to russia's top job he'll officially be back at the helm and later on today after he's sworn into office for a third it follows his four year stint as prime minister let's talk to our t's and listen now if she's down outside the morning for us to bring us up to date before of course our full program takes the air in about an hour and a half's time and this either the seventy said the kickoff as i said shortly but despite majority vote in the march election there's been a fair amount of opposition to putin's reelection isn't there. there has never before have russians really been this active in politics as we've seen since september when vladimir putin announced that he was coming back to the kremlin in december we saw a vast movement really pick up pace for free and fair electio

given this when in france yeah i think it indicates changing. probably you know really in france a large part of the folk was cosy but it's going to read for speedball who in spain italy. want a different functioning of europe so i think it is the beginning of a possible change but if we can all be to shore what's going to happen of course it's not only a matter of personality but also of context and the context is somewhat different in part thanks to his victory today ok just a quick comment on foreign policy that's all along will be busy the next week there's a nato summit a g twenty what kind of france will he be bringing to the table well i think is going to be less of an atlanta says. less close to the united states he already said that he would tell the united states that france would withdraw its troops from afghanistan at the end of two thousand and twelve so i think is doing is going to be somewhat tougher in the west but historically desertion is i've not had a very different foreign policy from the conservatives but there are forces p