german economy is still on track, especially the industrial orders went down pretty well here on the frankfurt floor and led to a small rally on the dax. after two days of flat g's flat, the dax went up by half a percent. commerzbank shares gained by more than 4% due to the fact it wants to get rid of the state aid money and wants to repayt by issuing new shares. investors say that they are quite sure that this will work out pretty fine and will help to give the commerzbank management more freedom. >> let's have a look at somef the market figures starting with the blue chips in frankfurt. the dax index closing half a percent higher at 7215. at 2971.stoxx 50 index, .07% in nework,heow nes dustals closing at 12,426. and the euro jump stopping a 14-month high against the dollar today. car sales continue to boom in china. german luxury carmakers saw sales soar in the first quarter. audi sold 64,000 in china, up almost a quarter from a year earlier. b.m.w. sales jumped 70%. and mercedes sales rocketed 80% in the first quarter. german brands are especially popular among more affluent chinese buyers.

frankfurt for a closer look at friday's closing numbers. the eurostoxx index also rallied in the week at to thousand 962. the dow traded higher this friday in response to better than expected employment data. it racked up at the top of the hour finishing higher. the hero is trading at $1.42. the ratings agency fitch has slashed its ratings on portugal's government debt by three notches to the verge of junk status. it was announced that fresh elections would only take place in portugal on june 5. by law, the current caretaker government lacks the authority to accept the bailout. fitch has lowered the rating to triple b- one day after it says it missed its goal. it had to revise numbers further weakening its fiscal profile. >> the german foreign minister guido westerwelle is in china in an effort to improve relations between the countries. the free democratic party is looking increasingly precarious. westerwelle is under pressure after the disastrous showing in regional elections last weekend. >> the foreign minister was in china discussing h

which is set to exceed one hundred billion dollars well i'm now joined live by michael rossi's in frankfurt the market analyst and author for an. i look at the words of the single currency brought thanks so much for joining us in germany now it's been evident for months that portugal wouldn't be able to meet its debt payment obligations so why is this cry for help come so late as many would ask. it's not that it was not foreseeable what was happening here and as a matter of fact this was already programmed right with the introduction of the euro the only reason i can find prolong it a little bit. portugal was crying for is to keep up the illusion that the euro was working but as a matter of fact it doesn't. work on the billion euros that portugal needed and the question that remains of course is where this money come from in europe there is nobody who are safe one hundred pocket and is not able to spend it so we have to help to go by the heart of new credit and there is already be criticism how long this can go on and of course here in germany also more people have question marks about what

he'd brought the pharmacy or in 1847 at the corner of frankfurt and gold. he stayed there until his death. he established really deep roots in the neighborhood. the neighborhood when he went in in 1847 was mixed. as time went on it became more and more irish. poor irish. and according to all the accounts i read he was a good neighbor. he sold. he made up medications, and they didn't have money he gave the medications away for free. he gave away money, he gave away clothes. when the draft riots happen to they didn't want to see that trucks toward demolished. they didn't want to see philip would harm to. the new york times repress this little dialogue in knows how accurate it is. but -- the businessman of the neighborhood, the area was called the swap. the businessmen of the swamp saw what was happening. this city need to run away. he said, no, i don't. as many writers come down upon me, as many neighbors i have will protect me the drug store was not disturbed. that was our real accused bob moment, of rogue is bob moment. yes. >> hi. i am shannon. >> hello. >

que detuviera a "joaquín pérez becerra", quien lleÓ a caracas en un vuelo comercial procedente de "frankfurtel presunto guerrillero pesan cargos por concierto para delinquir, financiamiento del terrorismo y administración de recursos relacionados con actividades terroristas.--el detenido es acusado de dirigir una agencia de noticias desde estocolmo que publica informacion sobre las farc. ---mas adelante en noticias univision 14......levantar pesas podria quitarles un peso de encima a los hombres... le explicaremos a continuacion. ---pero antes, pasemos a conocer a la senora "austreberta cervantes" de la ciudad de richmond. --ella tuvo 12 hijos, de los cuales solo quedan 7 vivos. dos de ellos fueron asesinados y eso le ha provocado un dolor tan grande que no ha podido superar, aunque ha ape los aficionados de los tiburones de san joÉ se quedaron sin uÑas viendo el sexto juego de la serie de postemporada contra los reyes de losÁngeles.---los "sharks" iban ganando tres a dos en elÚltimo periodo, pero el equipo de losÁngeles empaÓ el partido, y casi ganar en losÚltimos minutos. ---sin embargo, l

la captura se produjo en el aeropuerto internacional de caracas donde pérez llegó procedente de frankfurtes menores de 25 años que vestían de negro y muchos de ellos con la cabeza ra padecía, líderes judíos dijeron que te estenotipia de grupos deberían ser objeto vad ser obje ser objeto vadz >>> al regresar veremos cómo congresista cubanos americanos ttienen una responsabilidad poc usual >>> una lesión a actri ( ♪ música ) >>> irónica mente la aprobación de leyes antimigrantes en el estado de la florida podría estar en manos de legisladores hispanos pero existen opiniones divididas entre ellos porque los migrantes cubanos tienen privilegios que otros migrantes no poseen al llegar ilegalmente a estados unidos, lourdes del río nos explica. >>> este lunes hubo nuevas protestas en la capital de la florida para evitar que se aprueben 2 proyectos de ley que muchos consideran buscan emular a la controversial s b 1070 de arizona >>> la ley s b 1040 será presentada esta semana en el n presentada en la cámara veremos qué pasa. >>> hay un problema entre grupo políticos americano. >>> muchos inmigran

our reporter was following the events at the frankfurt stock exchange. >> traders have been very worried at the beginning of the new trading week. they h h to digest news from the euro zone, with the u.s. also heavily under pressure. the biggest surprise was the downgrade of the u.s. financial outlook. they fear this could weaken the u.s. economy. investors have been looking for bonds and gold. >> let's take a closer look but some of those numbers. the blue-chip dax closos down. the euro stoxx 50 closed down. the dow jones industrial average is down a lot, as well the euro is trading lower. the next candidate for a cash injection is lisbon. they meet the group for what could be the third bailout after greece and ireland. it refused to comment after the meeting. the aim is to come up with a plan, including labor market reforms and steps to shore up fragile banks. the deadline is mid may, just weeks before the election of june 5. well, not everyone is enthusiastic. >> that is right. some parliamentarians are saying not so fast. the party that made huge gains on sunday is now threatening to

our correspondent has more from frankfurt. >> daimler could not profit from this strong gains in earnings the people here on the oor complain that daimler was not strong enough in comparison to the competition. one analyst said that the volkswagen was just a class better on the business side at the moment than daimler. the dax gained about 3% for the week. they gained over 7500 points. it was fuelled by a lot of strong quarterly results. in the next weeks, there will be more quarterly results, even more than this week. people are hoping that the ride continues. >> let's get a closer look at the market numbers. the benchmark dax closed the day at 7514. the euro stocks 50 is almost unchanged at 3011. the dow jones industrial closed at 12,810. the your losing some ground against the dollar at $1.48. -- the euro losing some ground. there has been a surprise fall in retail sales. they fell 1/2% last month compared to a year ago. experts say there is an explanation. >> people in germany spent less on food, drinks, and tobacco in march because easter fell in april. easter normally boost grocery

. >> let's get a closer look at the market numbers in frankfurt. the benchmark closed at 7404. the blue chips added 3/4 of a percent higher. the dow jones closed higher at 12,690. german consumers remained upbeat even though rising prices are causing caution. the market research group consumer confidence index fell slightly. it remains at relatively high levels but analysts see no immediate cause for concern. >> germans have been out shopping for a while in all retail sectors from clothing and household appliances to the latest television. confidence has slipped a little recently but remains relatively high. >> job security is decisive for consumers and the situation is positive right now. unemployment is low. rising interest rates do not bother consumers at the moment. if rates are going out, interest on savings is on the rise. >> the unrest in north africa and the middle east is unsaddling many consumers and has resulted in skyrocketing prices for commodities and oil. inflation is rising. that means that the money in people's pockets is not go as far as it used to. >> there i

our correspondent has market reaction from frankfurt. >> puma, plunging ahead, just like the logo of the company, the share increase in by almost 6%. people pleased with quarterly results, and they are very optimistic. the ceo wants to reach new volumes in sales in the coming years. people here also overwhelmingly positive about news that the french president sarkozy is supporting the italian central bank president as the next head of the european central bank. it is a bit of a surprise announcement. at this time, germany says the decision will not come until soon, but it does not have its own heavyweight candidate, when one person resigned, taking himself out of the race. a good euro watchdog. >> let's take a closer look at the markets. in germany, the blue-chip kodak closed up almost 1%. -- the blue-chip dax closed up almost 1%. the dow jones closed at almt 1% higher, and the euro is going for one $0.46 cents. -- $1.46. an automaker posted a profit in the first quarter. that is up from 20% from one year ago, and it was ford's best first quarter in 13 years. they're benefitg from hi

he bought the pharmacy in 1847 at the corn corner of frankfurt and gold and stayed there until his death and established deep roots in the neighborhood. the neighborhood when he went in in 1847 was mixed. as time went on, it became more and more irish, poor irish. according to the accounts i read, he was a good neighbor, so he sold -- he made up their medications for them, sold them the medications. when they didn't have money, he gave the medications away for free. he gave away money, gave away clothes so when the draft riots happened, they didn't want to see the store demolished or phillip white harmed, so the "new york times" reprints this dialogue, who knows how accurate it is, when the businessmen of the neighborhood who also really liked, the area was called the swamp, and it's businessmen of the swamp saw what was happening, he said you need to run away, and he said, no, i don't. as many rioters come down upon me, as many neighbors i have to protect me. the drugstore was not disturbed. >> [inaudible] >> that was a real goose bump moment, yeah. >> yeah, hi, i'm shannon. >> hi. >> o

our correspondents and does this summary from frankfurt. >> ireland and portugal are bearers of bad newsin the eurozone, but the bureau was strong anyway. how does that fit together? the prices in the eurozone climbed by an annualised 2.6% in march. that is way too fast and way too much in the eyes of the european central bank. that is why everyone here in the financial markets agrees there will be a hike in the interest rates, the lead interest rates in the ecb next week and probably not the last one this year. that makes the euro more attractive. the up and down stock market brings worries over the crisis in japan and in north africa. >> germany's blue-chip dax finished the day a little over 7031 point. across the atlantic in new york, the dow finished at the top of the hour at 12,00319. -- 12,319. an airline flight attendants struggling to lift his baguette a german airport led to the discovery of a three -- lift his bag at a german airport led to the discovery of a three-year point smuggling operation. prosecutors have arrested six people suspected of spot smuggling the coins scrappe

let's take a closer look at tuesday's trading -- the dax breaking even, in frankfurt, gaining nearly 4% and texas instruments buyout of national semiconductor in the u.s.. the euro stocks 50 closing barely into negative territory. in new york, the dow jones industrials closed at 12,393. the euro is trading to $1.42. the central bank in china has raised interest rates in its latest effort to clamp down on inflation. the fourth hike in seventh month pushes the benchmark lending rate to over 6%. china reports on the consumer prices next week. economists expect the data to show inflation rate just above 5%. food prices alone have jumped by 11%. british authorities have decided to delay the approval of new nuclear power plants for at least three months. they will not take any decisions until after a government report on the fukushima disaster. the energy minister says that allows more time for assessment. the first schedule go on line in 2018. time to go to the world's industrial trade fair -- it's a giant melting pot of engineering, expertise and invention. they are showcasing over 5000

. >> we can stay for a closer look in frankfurt. the euro stocks index gave up more than a fullercent. in new york, t dow closed at the top of the hour appeared in the final hours of trading, it managed to go up into positive territory. british oil giant bp faced very angry protest from fishermen and shareholders on thursday at its first annual meeting since the devastating oil spill in the gulf of mexico. representatives from gulff communities were banned frfr attending the meeting at the london headquarters. many are furious over delays in compensation payments. has been nearly a year from the explosion which killed 11 workers and dumped vast amounts of oil into the sea. the environmental catastrophe not billions offer of bp value. -- knocked billions of the bp value. >> the government has to come up with new legislation on this process. it is known as pre-implantation diagnosis allows doctors to examine embryos. if one of the parents has a genetic disease, then embryos can be screened and destroyed if they carry the same conditio

. >> we can stay in frankfurt for the up monday numbers -- the dax finishing slightly lower. in new york, the dow jones closing at top of the hour just a tad higher. we will call at flat for the day. the euro is trading a bit lower against the dollar. china is the world's leading exporter, rising commodity prices mean it is paying more for imports. they have posted their first quarterly trade deficit since 2004. beijing says the deficit amounted to more than 690 million euros for the time between january and march of this year. exports grew by over 26% in the first quarter, but so did imports, which were up. >> let's go to france now where police in paris have arrested a muslim woman wearing a full face veil after a law prohibiting wearing the garb and went into effect. the woman took' part in an unauthorized protest against the ban. france is the first european country to forbid the garment in public. the band has been condemned by islamic organizations to call an abridgdgent of religious freedom. the french government says it is designed to protect women's rights. at a meet

feeling at the close that technology sector stocks were leading the big gains both in london and in frankfurt chip equipment maker holding up more than one point six percent. here in russia the markets and also on a mixed note that the head of european easter holidays the r.b.s. was up half a percent in my six down point one percent secular why this is happening. on one hand gas promise gaining two percent this is because it's announced that it's not yet joining the elephant field in libya therefore it will have any turmoil kinds connected with all the political turmoil that's going on over there polymaths all is down four point one percent among the top losers today that's after the company published disappointing results. in while we are seeing also make special lights words putting on the no twenty cents no major correction the year brant down fourteen cents at one hundred twenty three and a half dollars per barrel. gold prices are continuing their advance their fifteen hundred and almost six dollars at the moment silver is standing up forty six dollars but sure. it's its highest level in

percent pay their fair share or sacrifice even one damn thing you know yesterday i was sitting in the frankfurt airport for a long time. and the new t.v. was on and there was freed's a car radio with what it was shows global g.p.s. or something and he was interviewing don regan and i could only half hear at the other everybody was around me and speaking german and what not and but but i could read the cairo ons and you know don regan who was reagan's treasury secretary the current was saying. as. loose nukes are the danger nuclear war isn't that danger something else something big it wasn't a danger the real danger is america's debt problem and it was all i could do sitting in the in in the lounge and in the loop on the lounge not to yell yeah the guy who didn't realize this was that this was don regan this is the guy has reagan's treasury secretary who put us into this hole who put us into those debt who started this whole raid and then he goes off about how obama's not doing enough to give the car on was in the words of the script obama's not doing enough to cut cut title months which is been

author of a century of war anglo-american oil politics and the new world order joining us live in frankfurt thank you time thank you. but it's now a just a few hours to go before barack obama is expected to announce big changes to his national security team he said to be preparing to bring in a new defense secretary head of the cia commander in afghanistan and a new ambassador to kabul u.s. army colonel an experiment and right says washington still stuck in a bush era military mentality it's the recycling of everyone who's been involved in really ten years of u.s. wars they've already been estrangement is just continuing the war or strategies of the bush administration and in fact obama has increased the war in afghanistan dramatically now over fifty five percent of the american budget is related to military expenditure a cent yet we see schools that are laying off tens of thousands of teachers we have a health care system that's going down the tubes and yet we spend fifty five percent of our budget on war we certainly need some new ideas some new initiatives and this in the us war that the

still to come on tonight so we have our friday fireside chat and it's happy hour a look at the frankfurt hall of april fool's day actually producer jenny church on michael morning at one point. let's not forget that we had an apartheid break. i think either one well. we never got the look says they're going to keep him safe get ready because of the freedom. they tell martin here broadcasting live from washington d.c. coming up today on the big picture a. new web site with twenty four seven live streaming news towns like to tell you about the ongoing financial hardship unlimited free high quality videos for download. and stories you never saw mainstream news. so. maybe the political. parties are such just. a guy's welcome michel. tell me alone a show we've heard with our guests not to say on the topic now we want to hear our audience just go on to you tube to video response or to twitter for part of the questions that we post on you tube every monday and on the first day of the show and your responses later your voice be heard. in tonight's. your. we spent a lot of time over the last two

our correspondents and does this summary from frankfurt. >> ireland and portugal are bearers of bad news in the eurozone, but the bureau was strong anyway. how does that fit together? the prices in the eurozone climbed by an annualised 2.6% in march. that is way too fast and way too much in the eyes of the european central bank. that is why everyone here in the financial markets agrees there will be a hike in the interest rates, the lead interest rates in the ecb next week and probably not the last one this year. that makes the euro more attractive. the up and down stock market brings worries over the crisis in japan and in north africa. >> germany's blue-chip dax finished the day a little over 7031 point. across the atlantic in new york, the dow finished at the top of the hour at 12,00319. -- 12,319. an airline flight attendants struggling to lift his baguette a german airport led to the discovery of a three -- lift his bag at a german airport led to the discovery of a three-year point smuggling operation. prosecutors have arrested six people suspected of spot smuggling the coins scrapp

then he established a drug store in downtown in new york on the corner but was frankfurt and gold street and partis pace university is there now. he made quite a bit of money through his drug story. the money he had taken effect to two calls. what an education of black children and the other his church. when he moved to brooklyn in 1870, he settled there and in 1883 southwell, then mayor of brooklyn appointed him to the brooklyn board of education. yet the first black seat on the brooklyn board of education. so that was my great-grandfather. this is his father-in-law, my great, great grandfather. you can check your family tree. philip white and mrs. elizabeth's father. he was the one -- no, his parents were haitian. he was born in new york in 1813, died in the early 1880s, went to a school that i will come back and talk about later, did a variety of odd jobs, and married my great, great grandmother who died very young. i know nothing about her. in his second marriage she married into the ray family. they were prominent family and cornelius rather was also a doctor and had a pharmacy and

it is on the corner of what was frankfurt and gold street and part of pace university is there now. he made quite a bit of money through his drugstore. the money he had he gave back to two causes, one the education of black children and the other his church. st. phillip's episcopal church. when he moved to brooklyn in 1870, he settled there. in 1883 seth lowe, who was then mayor of brooklyn, aponted him to the -- appointed him to the brooklyn board of education. he had the first plaque seat on the brook -- black seat on the brooklyn board of education. so that is my great grandfather. this is his father-in-law, my great, great grandfather. so you can check your family e tree. phillip white marries elizabeth, and this is elizabeth's father. he was the one who -- no, his parent were haitian. he was born in new york. he was born in 1813, died in the early 1880s. went to a school that i come back and talk to you, talk about later. did a variety of odd jobs, married my great, great grandmother who died very young, i know nothing about her. and in his second marriage he married into the r

grupo guerrillero, fue capturado en el aeropuerto internacional de caracas donde llegÓ procedente de frankfurtdarÁn para dar albergue a los damnificados las obras de reconstrucciÓn empezarÁn cuando terminen las lluvias. >> en otro asunto la oficialista convocÓ a realizar un masivo desfile el primero de mayo en respaldo a reformas econÓmicas de raÚl castro aprobadas por el reciente congreso. >> eligiÓ a raÚl castro como su jefe mÁximo. >> aprobÓ un programa de 313 medidas, este acto se actualizarÁ en la plaza revoluciÓn de la habana. >> la actriz mexicana fernanda romero fuesen tenzada a 30 dÍas en prisiÓn trasado mito ir . >> fueron acusados de sostener un matrimonio fraudulento para que pudiera permanecer en estados unidos, a partir de junio cumpla su sentencia los fines de semana. >> reconocida por la telenovela mexicana, eternamente tuya podrÍa ser deportada a su pais. >> la automotriz nissan estÁ llamando a reparaciÓn a vehÍculos deportivos utilitarios sin costo alguno para los dueÑos. >> la agencia nacional para seguridad en el transporte por autopista dijo que estos vehÍculos podrian ten

. >> i live in frankfurt with my wife. i have a two-part question. number one, i read an article in a german newspaper and it says something like the u.s. federal taxes only support three programs, medicare, medicaid, and social security. is that true? >> yes. >> second question, is there any consensus or thought about a federal vat? >> no, there's no enthusiasm anywhere for that. again, let me take the positive side of that. what is useful to recognize about our fiscal mass is that you can close this gap. you can put us on a path where we can reduce the debt burden without a revolution in tax policy, like what we have done for insurance and pension benefits for the elderly. it does not require a radical restructuring of those basic things. it is very difficult to do. it is very tough to do, much less tough than it is for other countries because the challenges are great. what are tough, difficult, politically contentious consequential changes, you can get yourself sustainability. >> we are running close to time. jim, a jump in there. take to question

i live in frankfurt with my wife. i read an article in the german newspaper and it said something like the u.s. federal taxes only support through programs -- medicare, medicaid, and social services. everything else is done on borrowing. is that true? >> in a broad sense, yes. >> is there any consensus or fought about the federal vat? >> no, no enthusiasm anywhere for that. let me take the positive side about that. you can close the gap and start to reduce the overall debt burden on the economy without a revolution in tax policy or what we do for insurance and pension benefits for the elderly. it does not require radical restructuring of basic things. it is difficult to do. it is tougher than in other countries because the challenge is so great. with consequential changes, you can get yourself to sustainability. >> we're running close on time. we're going to take heed of questions at once. jim? >> jim hope from the council on foreign relations. councilman ryan finally broke through the avoidance of talking about entit