. >> for more on how the markets in germany performed, we spoke to our correspondent at the frankfurt stock exchange. here is her summary of the day's action. >> the ongoing european debt crisis is driving investors into the safe haven of the u.s. dollar, despite the rescue package for ireland. investors are not convinced that the rescue package has contained contagion risk for other eurozone member states. there is risk on the bond markets for spanish, italian, and portuguese debts. those are rising, and could default swaps are on the rise. turbulent times for porsche are over. the carmaker has posted a profit of more than 150 million euros in the last three months, mainly because of good sales of their models. >> let us take a look at market numbers in more detail, beginning in frankfurt. the dax index closed in negative territory at 66.97. a similar picture for the stock's 50. the figure was 2669 at the end of the day's trading. the dow is also in negative territory, a bit over a third of a percent in-at 11,051. the euro is trading 3115. despite the eurozone problem, and germany's

the financial world has gathered in frankfurt this week to discuss challenges and pitfalls of the global post-crunch economy. this took place against the backdrop of the most recent debt ccrisis, reminding policy-makers the storm is not quite over yet. >> a minister with the mission. in 2013, the eu financial ability measures are due to expire. the german finance minister is pushing for follow-up measures. >> the aim of this mechanism is to reduce to the maximum payable amount the burden of debt of members threatened by a bankruptcy. that is an order to avoid possible repercussions. for that, we need the involvement of financial investors. >> possible repercussions are something the bankers at the frankfurt opera house are not keen to dwell on at the moment. others are also critical of the debate's direction. >> we share the position that in the current environment, a position that gives to the market the idea that some imminent debt restructuring will become productive. >> what is clear is that binding resolutions are needed to deal with growing debt in europe. >> in the end, it is what

one bank was -- one was processed at frankfurt airport. they said that one was a false alarm. the parcel was intercepted in england. in early november, a parcel bomb was discovered in the chancellery room in berlin. it was no comparison to the explosive devices from al qaeda. now a warning from the interior minister. there are definite plans for a terrorist attack in germany in late november. >> we have received additional information and facts relative to the threat. security officials have unanimously assessed to mean that we are dealing with a new situation. >> that means that the threat is greater than ever. the federal police have stepped up their presence at train stations and airports. authorities are asking people to be vigilant. >> a particular concern for the authorities is the rise of homegrown terrorists. german citizens that have been recruited by fanatic groups and trained on the border between afghanistan and pakistan. how much is known about these camps and the training that takes place there? >> unfortunately, we only have sketchy information on these camps on

we have this report from the frankfurt stock exchange. >> some people here on the floor cannot really believe it themselves. the run on equities is continuing. the dax posted another two-year high. there is interest in the shares. the of observing -- they are observing a continuing trend with fixed income investments in equities. they think that it allows for the value of their investments. one of the losers had a good quarterly results, but there was some debt, the traders said here. there was doubt that their profits could be sustainable in the coming year. >> starting with the close in frankfurt, the dax finished the day at 5787. the blue chips finished at 2890. the dow jones lower at 11,346. the euro at $1.38. the german panel of independent economic advisers -- the five wise men -- have been predicting smooth sailing. the panel promises firm growth next year. >> and german companies were producing in high gear most of the year. at the export-driven economy recovered from the global slump faster than most people were predicting. the government panel's figures support that. the pan

for more on that and news that sent shares higher this wednesda we have this summary from frankfurt.>> people on the trading floor do not believe that the money s.a.p. set aside for eventual damage payments will be enough. the stocks were among the biggest losers this wednesday. the dax itself instead climbed significantly, to a stronger than expected -- thanks to a stronger than expected business climate index and also thanks to a stronger than expected american economic data, which gives hope that this upcoming thanksgiving weekend, many americans will start to go shopping and spend a lot of money. >> in frankfurt, where we can stay for a closer look at market numbers, and the dax index clawed back some of the gains it made in recent days, finishing nearly 1% higher. the euro stocks 50 index lock in a more modest gains, but finished higher as well. in new york, shares their traded higher on positive jobs data. the dow trading at this hour and 11,186 points. you're treating just a tad lower at a value of one u.s. dollar -- $1.3324. the court-appointed trustee for the recovery of ass

our correspondent sent us this summary of the trading action from frankfurt. >> on the last trading day this week, traders looked for direction. they wanted to take some of their profit out of the market. on the other hand, they waited for the economic numbers coming from the u.s. th js market is onon of the biggest problems of the u.s. economy at the moment. the jobless rate shows that it remained at 9.6%. on the other hand, the u.s. economy was able to create new jobs again. more jobs than people expected before. this led to affect on the frankfurt floor. >> we will stay for a closer look at the closing market numbers and the dax, loing in mode gains. the your stock 50 index gave up a bit of ground to go into the weekend. on wall street, despite the strong employment report, the dow ended the session fairly flat. it did manage to poke up into positive territory at the end of the session. on currency markets, the euro trading at a value of 1.4035. bmw has broken ground on geany's first factor to mass produc electric-powered cars. the company plans to invest 400 million euros in one fac

our correspondent sent us this summary from the frankfurt stock exchange. >> quite suddenly, in afternoon trading, the german market gained momentum. this was caused by angela merkel, who confirmed again that the current umbrella in the eurozone to protect the euro is not to be changed. this set the record straight and caused confidence among investors. it caused demand for german stocks. this thursday was a bit more quiet than usual on the trading floor. it is thanksgiving day in the united states, which means for the markets in the rest of the world that an important market participant is on holiday and missing. >> conrad in frankfurt. we will take a closer look at the numbers. the dax finished higher. the euro stock 15 index is leading on blue chips, rising by 1/4 of 1%. u.s. markets closed for this thanksgiving day holiday. currency trading never stops. the euro is trading at $1.3361. details are emerging about the deal reached between russia and the european union that has put russia firmly on track to join the world trade association. russia plans to cut its timber export duty to ab

our correspondent sent us the summary of the day's trading action at the frankfurt stock exchange. >> private equity companies reported their results. a dialysis subsidiary for medical care, and later on this evening a fertilizer maker, reported results that have been higher than expectations. the companies all raised their forecasts for the next of the year. mato and linde shares went down a little bit, mainly because of profit-taking. they had a big rally in the near past. the market in general forward again, mainly driven by the fact that investors hope that the fed will ease monetary policy some money will remain cheap. > stefan wulff in frankfurt. the dax finishing 0.75% higher. the euro stocks 50 closed at 2861. the dow closed at the top of the hour. closed 0.75% higher. the euro is currently trading at a value of $1.4030. business is continuing to pick up for a german wholesale giant. it has increased to $16 billion in the third quarter. that is a billion more than the same period last year. they have stores in more than 31 countries. management said the company is experiencing

our correspondent says this summary from frankfurt. >> investors did not manage to respond positively lot of positive economic indicators this tuesday. the gfk index for consumer climate came in stronger than expected. and the purchasing managers' indices for germany and eurozone, also. and the u.s. gdp for the third quarter was revised upwards to 2.5%. still, the news that artillery fire was shot from north to south korea overcast all of this. what also might have played a role is that the thanksgiving weekend in the united states is coming nearer. american investors are refraining from any risk ahead of this. >> all right, we stay in frankfurt for a closer look at the numbers. the dax index finishing sharply lower at 6705. the euro stoxx 50 experiencing an en more dramatic sell-off, sliding all the way down to 2739 points. new york, the dow jones experiencing triple digit losses in the last hour of trading. the dow down at 1124. and the euro also down against other major currencies this tuesday. trading at a value of $1.3369. the german economy continues to grow, albeit at levels be

our correspondents and as the summary of the day's trading action from the frankfurt stock exchange. >> the shares were among those to help the dax recover in the course of this trading friday. the reason was that the stainless steel division is soon going to be restructured. also, the biggest steel maker of germany will present its newest earnings report early next week, and many people here are betting on strong numbers. the concerns about the euro, of course, also worried traders on this last trading day of the week, but the dax does not look too bad on a weekly scale. it even ended the week a few points on the upside. >> in frankfurt, where we can stay for clor look at friday's closing numbers. the dax index fell by about 15%. euro stocks 50 index slipping by a full percentage point to close the friday session at 2736. in new york, shares traded lower in a holiday-shortened session. the dow jones finished lower at 11,092 points. on currency markets, the europe trading sharply lower at a value of $1.3244. germany's largest bank, deutsche bank, says it has finalized its take over t

in frankfurt, the dax ended with some very modest gains, nothing to write home about. euro stoxx 50 ended about 0.3% down on the session. across the land to come to the dow jones had concerns over highest interests rates in china. the dow jones lower. and the euro benefiting from all this. the dollar weaker, the bureau stronger. $1.3696. at the g-20 summit, germany gave a firm and no to any caps on trade exports. it is no wonder germany's economy is growing and is depending on orders from abroad. gdp grew in the third quarter by 0.7%. that was a slowdown compared to the 2.3% in the spring. that was the strongest quarterly expansion in two decades. economists forecast gdp will continue to expand as demand for exports and domestic consumer spending both remain robust. >> there's still uncertainty surrounding the safety of the engines that theirbus jumbo passenger jet a380 has following the emergency landing of a qantas of jack last week in singapore. eads reported earnings in the first nine months of the year plummeted. >> airbus he' latest near disaster has just come ju

there was a steady relating the company's -- promising higher revenue. >> that was from frankfurt.king at several market indices in more detail -- more detail, was in the blue-chip dax index closing the day at about 0.8%. the euro stoxx 50 index closed about 1% higher. in new york, investors are celebrating some strong retail sales figures. the dow jones industrials were up 0.5%. finally, the hero is suffering under the irish and the greek woes. trading for $1.3595. it would have been the world's biggest business deal this year, but the global minor bhp peloton says that it is pulling back from buying the canadian fertilizer maker potash. bhp had planned to pay nearly $40 billion for potash, but investors did not want that. instead, bhp will invest in itself by buying back its own shares. it is the third time a major acquisition and bhp has collapsed, and a sign that companies remain reluctant to enter big deals despite having plenty of money. if you want a new car from a german automobile maker, be prepared to wait. demand for german automobiles abroad is outstripping supply here.

. >> for more on how the markets in germany performed, we spoke to our correspondent at the frankfurt stock exchange. here is her summary of the day's action. >> the ongoing european debt crisis is driving investors into the safe haven of the u.s. dollar, despite the rescue package for ireland. investors are not convinced that the rescue package has contained contagion risk for other eurozone member states. there is risk on the bond markets for spanish, italian, and portuguese debts. those are rising, and could default swaps are on the rise. turbulent times for porsche are over. the carmaker has posted a profis in the last three months, mainly because of good sales of their models. >> let us take a look at market numbers in more detail, beginning in frankfurt. the dax index closed in negative territory at 66.97. a similar picture for the stock's 50. the figure was 2669 at the end of the day's trading. the dow is also in negative territory, a bit over a third of a percent in-at 11,051. the euro is trading 3115. despite the eurozone problem, and germany's economic problem continues. tha

twenty summit we're joined by william engdahl in frankfurt economic research and author of the book wall street oh god of money rather wall street and the death of the american century so best engdahl it seems a bit disheartening for such a global event such as the g. twenty summit to end with a simple conclusion ok we won't fight with currency wars but despite that the deal we do you think will remain true to their pledge their. i don't see how they can frankly after the federal reserve last week announced it was going to print six hundred billion more of dollars to soak up the toxic waste of the banking system there that's going to have a huge negative effect further on the u.s. dollar which is in effect a dollar devaluation. leaving the holders of dollar debt like china and japan holding a diminishing currency so. you know the one who talks the loudest about avoiding currency wars is the prime instigator of such actions in this case now let's get down to the nuts and bolts here much of the rhetoric has been coming from the u.s. and china but is it just about them what about europe doe

the financial world has gathered in frankfurt this week to discuss challenges and pitfalls of the global post-crunch economy. this took place against the backdrop of the most recent debt crisis, reminding policy-makers the storm is not quite over yet. >> a minister with the mission. in 2013, the eu financial stability measures are due to expire. the german finance minister is pushing for follow-up measures. >> the aim of this mechanism is to reduce to the maximum payable amount the burden of debt of members threatened by a bankruptcy. that is an order to avoid possible repercussions. for that, we need the involvement of financial investors. >> possible repercussions are something the bankers at the frankfurt opera house are not keen to dwell on at the moment. others are also critical of the debate's direction. >> we share the position that in the current environment, a position that gives to the market the idea that some imminent debt restructuring will become productive. >> what is clear is that binding resolutions are needed to deal with growing debt in europe. >> in the end, it is wha

for more on that and news that sent shares higher this wednesday, we have this summary from frankfurt. >> people on the trading floor do not believe that the money s.a.p. set aside for eventual damage payments will be enough. the stocks were among the biggest losers this wednesday. the dax itself instead climbed significantly, to a stronger than expected -- thanks to a stronger than expected business climate index and also thanks to a expected american economic data, which gives hope that this upcoming thanksgiving weekend, many americans will start to go shopping and spend a lot of money. >> in frankfurt, where we can stay for a closer look at market numbers, and the dax index clawed back some of the gains it made in recent days, finishing nearly 1% higher. the euro stocks 50 index lock in a more modest gains, but finished higher as well. in new york, shares their traded higher on positive jobs data. the dow trading at this hour and 11,186 points. you're treating just a tad lower at a value of one u.s. dollar -- $1.3324. the court-appointed trustee for the recovery of assets stolen b

one bank was -- one was processed at frankfurt airport. they said that one was a false alarm. the parcel was intercepted in england. in early november, a parcel bomb was discovered in the chancellery room in berlin. it was no comparison to the explosive devices from al qaeda. now a warning from the interior minister. there are definite plans for a terrorist attack in germany in late november. >> we have received additional information and facts relative to the threat. security officials have unanimously assessed to mean that we are dealing with a new situation. >> that means that the threat is greater than ever. the federal police have stepped up their presence at train stations and airports. authorities are asking people to be vigilant. >> a particular concern for the authorities is the rise of homegrown terrorists. german citizens that have been recruited by fanatic groups and trained on the border between afghanistan and pakistan. how much is known about these camps and the training that takes place there? >> unfortunately, we only have sketchy information on these camps on

we have this report from the frankfurt stock exchange. >> some people here on the floor cannot really believe it themselves. the run on equities is continuing. the dax posted another two-year high. there is interest in the shares. the of observing -- they are observing a continuing trend with fixed income investments in equities. they think that it allows for the value of their investments. one of the losers had a good quarterly results, but there was some debt, the traders said here. there was doubt that their profits could be sustainable in the coming year. >> starting with the close in frankfurt, the dax finished the day at 5787. the blue chips finished at 2890. the dow jones lower at 11,346. the euro at $1.38. the german panel of independent economic advisers -- the five wise men -- have been predicting smooth sailing. the panel promises firm growth next year. >> and german companies were producing in high gear most of the year. at the export-driven economy recovered from the global slump faster than most people were predicting. the government panel's figures support that. the pan

our correspondent sent us the summary of the day's trading action at the frankfurt stock exchange. >> private equity companies reported their results. a dialysis subsidiary for medical care, and later on this evening a fertilizer maker, reported results that have been higher than expectations. the companies all raised their forecasts for the next of the year. mato and linde shares went down a little bit, mainly because of profit-taking. they had a big rally in the near past. the market in general forward again, mainly driven by the fact that investors hope that the fed will ease monetary policy some money will remain cheap. >> stefan wulff in frankfurt. the dax finishing 0.75% higher. the euro stocks 50 closed at 2861. the dow closed at the top of the hour. closed 0.75% higher. the euro is currently trading at a value of $1.4030. business is continuing to pick up for a german wholesale giant. it has increased to $16 billion in the third quarter. that is a billion more than the same period last year. they have stores in more than 31 countries. management said the company is experiencin

frankfurt has gusts of 34 miles per hour. we go to weather bug here and we will check this out and see what's happening. there we go. and here are the gusts. low naperville, frankfurt and mchenry. very windy and temperatures in the 40s. there is a plot of the wind gust if you like your wind gusts and map form. there it is. 30-mile-per-hour gusts all afternoon and so even the temperatures are above the 39 we had yesterday, by the way, it was the first day we didn't go above 40 since last march. so the coolest weather in about eight month pchesz winds are sustained at 23 and gusting to 31 at o'hare. it's 46 at midway. 45 at this hour in chicago heights. these are temperatures that will flirt with if not get into the low 50s today and then turn cooler tomorrow. winds come off the lake and it warms up perhaps near 60 degrees on sunday and into the 60s on monday before temps tank on us after that. we got some very cold air coming in thanksgiving week and there may be a weather system we have to watch for storm potential. other tem

our correspondent says this summary from frankfurt. >> investors did not manage to respond positivelya lot of positive economic indicators this tuesday. the gfk index for consumer climate came in stronger than expected. and the purchasing managers' indices for germany and eurozone, also. and the u.s. gdp for the third quarter was revised upwards to 2.5%. still, the news that artillery fire was shot from north to south korea overcast all of this. what also might have played a role is that the thanksgiving weekend in the united states is coming nearer. american investors are refraining from any risk ahead of this. >> all right, we stay in frankfurt for a closer look at the numbers. the dax index finishing sharply lower at 6705. the euro stoxx 50 experiencing an even more dramatic sell-off, sliding all the way down to 2739 points. in new york, the dow jones experiencing triple digit losses in the last hour of trading. the dow down at 1124. and the euro also down against other major currencies this tuesday. trading at a value of $1.3369. the german economy continues to grow, albeit at lev

for israel it's by alan dershowitz who is one of the nation's foremost appellate lawyers felix frankfurter professor of law at harvard law school and why don't we start with you laying out the thesis of your latest book the case for israel well i want to write a progressive liberal case for the two state solution which i think that most israelis favor and have favored for a long time i argue in the book that no country in history faced with comparable threats both external and internal has ever tried so hard to comply with the rule of law i compare israel favorably to the united states in this regard norman finkelstein your response i was asked to comment in the sky whose new book i went home purchased one copy in fact i purchased two copies i read the book very carefully i did with what someone serious does. with the book. i read the text i went through the footnotes and went through it very carefully there's only one conclusion one can reach having read the book and this is a scholarly judgment it's not an ad hominum attack mr dershowitz has concocted a fraud. my parents were survivors o

have been listening to comments from ben ber nank whoa is defending the $600 billion programs in frankfurt. we will start trading at 11,181. the nasdaq posted to the upside to start at 2514. help wanted signs are up at google. they plan to hire more than 2,000 people, roughly half of those in the u.s. most appear to be full time. you can find out more at jobs.google.com. >> have a great weekend. american airlines trying to make flying more fun by offering reduced prices on cocktails. it is only good on select flightfligh fligh flights. the deal is only available on flights that leave between 5:00 and 6:00 p.m. in the evening and that runs through the month of december. democrats will still try to help the middle classes with taxes and unemployment before the end of the year, but lost round one. round two is not looking good. tracie potts has a look at what it means for you. >> before leaving for europe, president obama promised taxpayers you will get your money back. >> taxpayers are positioned to recover more than we invested in gm. >> a bailout? what about the tax refund? >> we have to d

it began its journey in frankfurt. in itself, this may not have been regarded as a significant event. it is believed there was one other engine alert upon leaving singapore. investigations are continuing. there is a possible mechanical failure involving the road is roy -- rolls-royce engine. qantas was taking no chances. airlines are carrying out checks and watching the progress of investigations in singapore and sydney closely. bbc news. >> let me bring you up-to-date with headlines. heavy rains from hurricane tomas battered western haiti with more expected to fall. another devastating eruption in indonesia. the death toll now stands at more than 120. the former british immigration minister has been suspended from the labor party after court rulings stripped him of his parliament seat. a rerun was ordered for the general campaign. >> i do hereby declare he is duly elected to the constituency of the metropolitan council. >> a victory for him on election night by just 103 votes. two judges decided he lied about his oppo

it has to be scanned your first at frankfurt airport and sealed and stamped. industry experts say the parcel bombs from yemen demonstrate the weaknesses in the screening process. >> it has reached its limits. the explosive flowed in yemen did not sure when scanned and sniffer dogs did not find it either. >> many items shipped as air freight did not fit into the scanner like this. the international air transport association says this technology urgently needs updating. >> we need to see that there are some new machines that can scan big volumes. these machines are not available and they're not certified. how long will it take? it depends on the level of technology needed. >> while passenger luggage has been put through x-ray machines around the globe for several years, similar procedures for air freight have not been used. in this system, packages are scanned at 1800 and hour. any suspicious items are filtered out and checked. that does not work with a bulky items. >> large pieces of luggage or freight tests the limits of our capabilities. from a physics point

our correspondents and as the summary of the day's trading action from the frankfurt stock exchange. >> the shares were among those to help the dax recover in the course of this trading friday. the reason was that the stainless steel division is soon going to be restructured. also, the biggest steel maker of germany will present its newest earnings report early next week, and many people here are betting on strong numbers. the concerns about the euro, of course, also worried traders on this last trading day of the week, but the dax does not look too bad on a weekly scale. it even ended the week a few points on the upside. >> in frankfurt, where we can stay for a closer look at friday's closing numbers. the dax index fell by about 15%. euro stocks 50 index slipping by a full percentage point to close the friday session at 2736. in new york, shares traded lower in a holiday-shortened session. the dow jones finished lower at on currency markets, the europe trading sharply lower at a value of $1.3244. germany's largest bank, deutsche bank, says it has finalized its take over the country'

our correspondence sent this summary from frankfurt. >> the u.s. federal reserve is promising a liquidity, and this keeps the market goingt. ithe daxent uto its highest level in 2.5 years and is now on a level before the lehman brothers crisis. on the other side of the balance sheets, german companies are still very convincing, reporting results that have been far above expectations. for the first three, investors took some profit out of the share price. >> we are staying with a closer lo at thursday'number. the x fished nearly 1.8% higher. the euro stocks 50 index finished better, finishing at 2884. across the at what the, the dow jones closed nearly 2% higher. the currency market, the euro making gains against the u.s. dollar, trading at $1.4209. >>> ireland has announced plans to push through spending cuts and tax cuts-- and tax hikes, in a bid to tame its debt crisis. they want to cut their budget deficit to below 9.5% of gdp. this year, dublin is expecting its deficit to soar to 32%, mainly due to the cost of the banking sector bailout. financ

our correspondent sent us this summary of the trading action from frankfurt. >> on the last trading day this week, traders looked for direction. they wanted to take some of their profit out of the market. on the other hand, they waited for the economic numbers coming from the u.s. the jobs market is one of the biggest problems of the u.s. economy at the moment. the jobless rate shows that it remained at 9.6%. on the other hand, the u.s. economy was able to create new jobs again. more jobs than people expected before. this led to affect on the frankfurt floor. >> we will stay for a closer look at the closing market numbers and the dax, locking in modest gains. the your stock 50 index gave up a bit of ground to go into the weekend. on wall street, despite the strong employment report, the dow ended the session fairly flat. it did manage to poke up into positive territory at the end of the session. on currency markets, the euro trading at a value of 1.4035. bmw has broken ground on germany's first factory to mass produce electric-powered cars. the company plans to invest 400 million euros

we have this report from the frankfurt stock exchange. >> for the longest time, it looked as if nothing could dampen the mood, the dax racing from annual high toot annual high, seemingly unencumbered. now the market has found a reason to consolidate. because of the road debt crisis being back. portugal, their bonds being sold in the market, and had to pay higher interest rates to get the buyers to purchase the bonds. then at bair said ireland is under more pressure. the yields on the irish state bonds is rising drastically as people are fearing that ireland could be the first candidate to slip under the euro rescue bailout package. >>> looking at the numbers, starting with the dax index, finishing the day lower, 6719. the euro stoxx 50 at 2845. in new york, stocks opened lower in trading, 11,342. and the euro at $1.3742. >>> the government agreed to increased tobacco taxes on wednesday, increased gradually over the next five years. that means smokers will have to pay between 4% and 8% more between now and 2015, bringing the cost of cigarettes up to 5 euros. the government says the measu

time, in frankfurt i was called to play some add auditions for some singers for daniel barnbaum andhe story goes and he loves to tell the story is while i was playing the introduction he turned to wolfgang wagner, then boss of the opera and said i don't know about the singer but the kid i want. >> and so i became his assistant and i did, i became his assistant for six years. >> rose: and what did you carry away from that experience? >> well, you know, as a musician and as a conductor, and life still at that point this was in 1992, i had no idea, 1986, excuse me, i had no idea i wanted to conduct or anything, but i knew i wanted to learn and he taught me how to learn every -- i think in every field. you have to learn how to learn, how to absorb the material, how to look at a piece of music and see what is really there, what its potential is, how do you bring it to life? you know,. because music is a piece of paper until you play it. >> rose: yes. >> right? and he also taught me about how to organize, how to plan, how to -- we were working on a very big project, the ring cycle, how do

in frankfurt, the dax ended with some very modest gains, nothing to write home about. euro stoxx 50 ended about 0.3% down on the session. across the land to come to the dow jones had concerns over highest interests rates in china. the dow jones lower. and the euro benefiting from all this. the dollar weaker, the bureau stronger. $1.3696. at the g-20 summit, germany gave a firm and no to any caps on trade exports. it is no wonder germany's economy is growing and is depending on orders from abroad. gdp grew in the third quarter by 0.7%. that was a slowdown compared to the 2.3% in the spring. that was the strongest quarterly expansion in two decades. economists forecast gdp will continue to expand as demand for exports and domestic consumer spending both remain robust. >> there's still uncertainty surrounding the safety of the engines that the airbus jumbo passenger jet a380 has following the emergency landing of a qantas of jack last week in singapore. eads reported earnings in the first nine months of the year plummeted. >> airbus he' latest near disaster has just come

we got this wrap up from the frankfurt stock exchange. >> siemens must be regarded as one of the highlightsthe past quarterly results of the reporting of a lot of companies. siemens delivered in terms of profit in by hiking its dividend, strongly hiking in. investors really loved that. and they made at the siemens the strongest share of the day, and it gained tremendously. not all shares gained. banks lost, not only here in the german market but also on europe-wide. there's a lot of worry about the act of the european debt crisis. ireland is now in special focus. people are almost taking it for granted that ireland will be the next country to need the rescue package. that is also one of the reasons why german public bonds were very much in command. they have the reputation of being a safe haven in crisis times. >> all right, thank you. let's look at how the markets ended the session. the dax index went into the evening slightly positive, nothing to talk about. more reflective image of how markets fare on thursday is when you look at the euro stoxx 50, down by about 0.5%. in new york, a down

for more on the trading session, we have this from frankfurt. >> the extra numbers from the car maker bmw are talking about watching the prices through the rearview mirror. the car maker was also able to raise its forecast for the rest of the year, but there was the start of profit-taking, which is nosuch big surprise, because bmw shares rose this year so far. also, the market in general has been a rather weak. the uncertainties drove down the market in front of the decision. >> we can stay for a closer look at the numbers, and the dax is lower. the euro stoxx 50 closed at 2830, down by more, and the dow finished the top of the hour up in positive territory. and on currency markets, the era trading at about $1.41. -- the euro trading. and competition from asian countries is increasing in the solar industry. they can fight for global market share while producing more cheaply, and demand in gerny is slowing, at according to price waterhouse coopers. they could become takeover targets, but thedo not expect major job losses in the near to medium term. back to brian. >> iceland is bracing

right here in frankfurt, your federal reserve chairman, ben bernanke, is on his feet telling the world why the united states needs $600 billion additional q.e. at this stage, saying the economy is still at too high a level of unemployment. and of course the federal reserve has to do something about that. the other thing that he's doing while he is here in europe is justifying if you like the impact of this q.e. on the rest of the world. let me take direct low from his speech. "the committee announced this month it would purchase additional treasury securities. in taking that action, the committee seeks to support the economic recovery as i noted. the evidence suggests that asset purchases can be an effective tool in the financial conditions e.u.'s notably in anticipation of the federal reserve's policy announcement." very interested timing. while mr. bernanke seems to be out there pledging his support for this policy, the chinese, who have been very unhappy about the very easy monetary conditions, have announced while he's been standing on his feet that they're going to tighten bank le

could be about to raise interest rates industrials and financials are lending support to the dax in frankfurt. and here in moscow markets are slipping lower this hour we versing earlier against the r.t.s. is off about three percent three quarter of a percent banks are higher on the my sex but energy stocks are in the red and gas problem is now a half percent lower. and the russian government is imposing a ten percent export duty on copper the new tariff will come into effect in the middle of december the finance minister estimates the change will bring an additional three hundred million dollars to the state budget next year on the global market the price of copper is down for a second day that's when it concerns chinese authorities will take action to slow their economy china is the world's top cop for you sir i'm sorry buyer. and that's all the news for now but you can always find more stories on our web site that's r t dot com slash business. for your convenience our comfortable shuttle bus will teach you to smoke. just a few hours from certain urgent forests and scaring the most current m

can see talking in china industrials i'm trying not to as they are lending support on the dax in frankfurt. and here in moscow markets are slipping lower this hour pairing early against the odds yesterday shutting off senator bunning so high on the my sex but we also have to slump in the last hour and gas pump is now a third of a percent in the red. the russian government is imposing a ten percent export. the new tariff will come into effect in the middle of december the finance ministry estimates the change will bring an additional three hundred million dollars to the state budget next year on the global market the price of copper is down for a second day that's amid concerns chinese authorities will take action to slow coming china is the world's top. i'm not so the business news for now but of course you can always find most stories if you log on to our website. slash business. question is the same us we are going to go right to the law and order any one of them was that warrant a defense of the of nato this military alliance.

money she policy tightening in china industrials on financials are lending support on the docks in frankfurt. and here in moscow markets are flat to mix this out coming off the earlier losses the r.t.s. is still differing lower of the my six is a third of a percent into the black you call i'm alleging some support but banks are really outperforming is getting one point four percent on both courses bt is high on. the russian government is imposing a ten percent export duty on. the new tariff will come into effect in the middle of december the finance ministry estimates the change will bring an additional three hundred million dollars to the state budget next year on the global market the price of copper is down for a second day that's amid concerns chinese authorities will take action to slow their economy china is the world's top cop a buyer. i'm not sold the business user now but i'll be back with more few next hour and in the meantime you can always find more stories on our web site that's slash business.