the best place to see that is at the frankfurt auto show. electric cars are a big call but it will be awhile before they are on german roads. >> it is time for the limelight. lout electronic music accompanied audi's unavailing of their compact electric car. this is a similar story at bmw and volkswagen. neither are slated to have electric cars ready until 2013. most german carmakers like behind the international competition. >> we can only offer them to our customers when we are certain that they can give them carefree mobility. that means you don't just have a car but also the necessary infrastructure to run it. what good does the electric car do you if you are in the city and you don't know where to recharge it? >> other carmakers have moved faster and are already presenting models ready for cereal production. opel is the head of the pack in germany. their car goes on sale in november. it uses of electric motor and it has a gasoline engine to recharge the battery. that gives it a driving range of 500 kilometers and it is the best german op

the best place to see that is at the frankfurt auto show. electric cars are a big call but it will be awhile before they are on german roads. >> it is time for the limelight. lout ectronic music bmw to 2013. nlouonn't know whereo for re p rmy. gehe bte. al car rid d hrts aibl i ri wreern r ridlca i t okg h twhha my n car is 13 o, has as much in common as this hi-ch model as a rowing boat house with a luxury yacht.is lot with electronics to re comfortable and safe. ultrasound sensors and radar to the cready f tt mb one, park assist. i'm skeptical but ready b this -- persuaded. the car measus e zef the parking space and as contro-- a. my hand is off of the steering wheel. gas and shift gears. t ba ' is function be better if it was fully automated? en wod t have to bother with anything whenzi to sce >> the problem with a fully automatedfuti is that the aiver is no longer in control a result, they are no longer responsible. car makersou b liable for damages for y ndit atou happen during parking. a aon way from that scenario. test numbe two autom

banking shares were among the top earners in frankfurt. still, people say it is too early to say the crisis is over. nothing has been solved. people are still waiting for concrete solutions from the politicians. people are saying volatility is likely to continue, putting pressure on shares. >> let us look at the closing numbers in europe and frankfurt. the benchmark dax finishing up 4%. eurostoxx 50 up 3.4%. the dow jones industrials up 2.4%. the euro at $1.4096. italy and spain are making progress in attempts to avert a debt crisis. the italian government has approved the austerity program and will pass it to the lower chamber. spain also give approval to reforms that would cap the budget deficit. we will look of how the most fragile eurozone economies are dealing with their debts. in spain, demonstrators took to the streets for a second day running. many are worried about steep cutbacks in social benefits. despite protests, parliament passed a controversial constitutional reform, setting a limit on future deficits. the italian senate pas

soldiers at the frankfurt airport says he is sorry. who is on board for shoring up the euro against more debt disasters? george clooney opens the venice film festival with his new film, "the ides of march." it was the first islamist terror attack on german soil and the man accused of the crime said he did it. he confessed to shooting and killing two u.s. soldiers back in march. he said he had been influenced by radical islamic propaganda on the internet. >> crowds lined up to attend the trial in frankfurt. public interest was so great that the court had to increase security. the 21-year-old was born in kosovo and was living in frankfurt when he shot at the u.s. military. he was charged with two counts of murder and three of attempted murder. at the start of the hearing, he made a confession and apologize. >> t thinks it is important to tell the court that he does not wish to be seen as a champion of jihadi or pete looked up to by anyone who believes in jihad. >> investigators say that he was influenced by islam this propaganda on the i

the frankfurt exchange. traders are looking desperate at the end of the day with a lot of bad news, especially about banks. that led to shares of nosediving. there was no panic involved, but it was a strike of the buyers. a sign that there was serious worries about the state of the financial industry and the ability of politicians to address the problems shown not only by share price losses in financial shares but major industrials. daimler presented a record failed result for the first eight months of the year. shares dropped 6.5%, almost as much a heavy lost as at deutsche bank. >> let's look at the numbers starting with the blue chips -- germany's benchmark index closing down. the euro at $1.4091 -- at $1.40. wall street is closed for the public labour day holiday. >> in libya comparable forces are preparing for an attack on the gaddafi stronghold of bani walid. talks broke down on monday and rebels say gadhafi himself may have fled there after the fall of tripoli. >> a battle the chant at a possible assa

it was a great day in frankfurt. >> what a positive mood on the markets. there was no stopping the rise of the european share prices. stocks continued their rally right through the finish in frankfurt, paris, and london. they hope that european leaders will reach an agreement to contain the debt crisis. >> we got this report from the frankfurt stock exchange. >> the relatively strong consumer confidence did a lot of good for the trading floor. even bigger winners were shares of the financial sector. if shares of commerzbank and deutsche bank gained more than 12%. the fund might even be bigger. it could be designed in a way which would allow banks in german companies and mutual funds to get rid of even more of their bad assets than previously thought. >> let's take a closer lookk at some of the market numbers. the dax sword up over 5%. the euro stoxx 50 was up over 5%. the dow jones advanced more than 1%. the euro is going for $1.36. the prime minister of luxembourg is one of the people at the eye of the storm right now. he is the head of the euro group. he

. >> in frankfurt, work continues on the new headquarters of the european central bank. many germans believe that all whole eurozone project is built on shaky transitions. there is a plan to rescue the euro and get a grip on the debt crisis. they are pushing for tougher regulations and they want banks to foot the bill for a financial transaction tax. they propose taxing transactions of shares and bonds and derivatives at just 100th of a percent. the commission estimates that it would raise about 57 billion euros of revenue annually. the tax would be levied on deals between banks and other financial institutions. the commission says this is a way that the industry can help to pay back taxpayers during the financial crisis. >> new economic data and the u.s. manufacturing sector were the talk of the day. we have this report from the frankfurt stock exchange. >> after two days of frenzied, but sobriety returned to the trading floor. people are starting to calculate the potential cost of the solution debt situation. the solution which most probably will come along with higher

. >> friday was another day traders in frankfurt would rather forget.fter the news of jurgan stark's resignation, the dax nosedived to the lowest level in years. they see the departure as a body blow to the ecb's credibility. many are worried about the eurozone credibility. >> to keep buying italian, greek, and portuguese bonds. right now, the ecb is the only institution in the years and i can guarantee stability. >> there was conflict at the very top. analysts suspect john claude to rigid and the ecb's departing lead economist were against each other on buying back the bonds of highly indebted eurozone countries. that program has already cost 130 billion euros. jurgan stark believes that is a prescription for failure. many see his misgivings that the buyback is in danger of the euro's long-term stability as the real reason for his resignation. the german finance minister did his best to calm the situation. >> the entire ecb and president john koch rclaude trichet have o make sure it is a stable currency. >> sources close to the matter say the deputy he

we stay in frankfurt where the dax closed almost 3% out. the euro stoxx 50 closed over 2% out. the dow closed 11,408. greece and promised more cuts to the public sector on tuesday. they held their second conference call in two days with their international lenders trying to convince them that their coffers will run dry next month. the ecb, and the imf are increasing pressure on athens to deliver on promises to cut their deficit. the greek population is resisting the measures. >> these civil servants are angry about the austerity measures including wage cuts. they are also fearful about job security. even though the greek constitution says they have security, they plan to -- the greek government plans to lay them off within a year. >> my life is changed. i have two small children. i have suffered a wage cut and i don't know what will happen in the future. >> they said they will continue with the strike and calls by economist to allow passes to leave at the euro. >> only when they leave the eurozone will they be able to transform their debt and then devalued. they will become mor

. >> we spoke to our correspondent on the frankfurt stock exchange.reign investors support was the top of the day. >> a very good mood at the stock market's. the magic word for traders was eurobonds. the backing came from emerging countries as china, brazil, and russia are foreign investors and eurobonds could be more attractive. the downgrade of two french banks, banks have been suffering most from the escalation of the crisis. >> let's take a closer look at some of the market numbers. the benchmark dax closed up words at over 3%. the eurozone stocks 50 closed at 2 and 1/4 percent. -- the euro stocks 50 closed at 2 and 1/4 percent. the euro is trading for $1.37. the moody's rating agency has downgraded two top french banks by one notch. one of them has been downgraded to double-a-3, the other to double a-1. they are keeping another under review. shares of all three have plummeted in recent weeks but they remained relatively stable after the downgrade. >> moody's had put the french banks on review for a downgrade in mid june among concern over the exp

. >> another gloomy day at the frankfurt stock exchange, worries on greased and about bank stabilitywere the reasons for that. the dax loss dramatically. when you look at the week's results, you can hardly believe that, the dax almost unchanged. it lost ground in that black month of august, but then that momentum petered out and bad news came rolling back in. but the people at least are glad that august has ended. looking into the new week, they are pessimistic that the week will be any better because the old problems that affect the market are still out there. >> let's take a look at some european closing numbers now. in frankfurt, the dax ended the week down in negative territory by 3%. >> cosimo and serbia have reached an agreement -- kosovo and serbia have reached an agreement that should put an end to trade disputes. one police officer was killed in the clash. serbia does not recognized kosovo's independence. the united nations is set to hold a vote on palestinian statehood later this month, and that has been high on the agenda at a meeting of eu foreign ministers that took plac

it has a ferrari engine and this is all the frankfurt auto show which is a showing of what the world has to offer in cars and it is only been growing over the past few years in fact reporters reporting on it now say money woes are no problem at this car show need while more proof that the u.s. is literally falling apart but the country's top five percent of the richest who control sixty five percent of all assets according to the economic policy institute maybe they will still be able to navigate the crumbling roads with the new models are already s.u.v. but for the rest of the country ramon glenda look at the cost and the toll of the u.s. is decaying infrastructure. the complete lack of the systems of massive power outage that effected millions of people in america southwest highlighted color abilities in the nation's power infrastructure outage cause reactors to shut down it sent in oh for a nuclear power plant and cut power to waste water pumps sending tons of sewage into the ocean just the latest example of a crumbling system we haven't had the kind of investment or the resources

. >> we can start in frankfurt with the blue-chip dax index which closed slightly higher. in new york, the dow jones is down in the day trading. the euro as at $1.30. saab has been denied its request for creditor protection. the court said that they were unable to present a possible financial concept for restructuring and they have ruled in favor of the swedish government. saab could be open to bankruptcy filings from labor unions. >> it was a somber day in russia. people are mourning the loss of 43 people, mostly professional hockey players who were killed when their stock -- when their plane went down. investigators are still looking into the cause of the plane crash but many are blaming it on the aging aircraft. people went to the hockey stadium to pay their respects to those killed. >> people here love to lokomotiv yaroslavl. the success of the club has made the city proud and the crash has affected everyone. >> in just a plea given night, they lost wonderful people. a new hockey team can be created but those people are not coming back. this is sad. >> residents came t

frankfurt and london fell with growing concern over debt in the eurozone. a response to mounting evidence of a slowdown in the global economy. the former heads of state face charges of illegal funding. doctors said the 78-year-old was not medically fit to appear in court. not a problem, said the judge. the trial can still go on. >> for 50 years, he was a potent force on the world stage. he was forever pushing the french point of view. he is a frail old man with a failing memory. it was no prospect of a fair trial. >> if they are not available to come and defend himself, how i feel like [unintelligible] >> the case relates to his time as mayor of paris. it is alleged that he embezzled taxpayers' money, breaking 21 those jobs -- ghost jobs. or a fine of 150,000 euros. >> the medical report being submitted is being signed by an eminent neurologist. he is suffering from a condition that could be linked to alzheimer's. it affects the speech, memory loss, and they are often unaware that there is even a problem. >> the man who once spoke so eloquently forgets whic

we will start in frankfurt where the benchmarking closed -- acros the atlantic, the dow jones industrials closed up over 0.5%, and these euro is trading for $1.3782. tax on cars was a high content of imported component, but carmakers say at least 65% of their parts locally are to be exempt. some of the largest manufacturers have factories in brazil. following the surge in shipments from china and other countries. >> volkswagen has a strong presence in brazil. at the company's plants, they have invested that -- heavily in creating a car for the local market. their goal has been the best- selling car in brazil for decades. a number of other german car makers also have factories in brazil. over the next few weeks, officials will be checking to determine whether it passed the source locally as the new regulation requires. sourced entirely from overseas, expect to face heavy tariffs. in the first six months of this year, germany exported goods worth 5.4 billion euros. they exported more than 500 billion worth of goods in the same time. brazil may not seem like a significant trade partner compa

. >> let's take a look at the numbers beginning in frankfurt where the german index closed the day down. the euro stoxx 50 ended up. across the atlantic, the dow jones industrial is in negative territory. the euro is trading for one u.s. $40 2 cents. -- $1.42. saab is seeking funding. they do not have made plans -- their plants in western sweden are at a standstill. they were saved from bankruptcy two years ago when they were purchased from general motors. the europe -- the biggest consumer electronics show in europe gets under way. media representatives were given a chance to visit the fair earlier today. this is bigger than ever before with more than 1400 exhibitors focusing on television sets and flat screens but also internet radio and the latest tablet computers which are set to change the lifestyle of millions. >> traveling computers rule the roost at this conference. they are betting it will be the future. light switches could be a thing of the past. deutsche telekom is connecting household appliances to the internet. >> it gives some security because you can check away from home

. >> thank you for that, christoph, coming to us from frankfurt. >> thank you. >> tuesday was another day of losses. looking at the benchmark index, it was 1% number. down 1.2%. in new york, the dow industrials was also about where. the euro was at 139.94. pumping gas into the pulpit -- baltic pipeline to germany, the undersea pipeline is the first direct link to brush up. what's with the click of a mouse, the russian prime minister open to the valves in the pipeline. the partnership has reached a major milestone. [applause] in 2005, vladimir putin and the german chancellor joined the board of the pipeline operators. it runs for 1,200 kilometers along the baltic seabed. protests against the project from environmental groups went unheeded. completion means that they can get their gas to the customers in western europe about having to depend on countries like the western ukraine. >> ukraine has been our partner for a long time. every transit country falls into the temptation of exploitation. now it no longer has an exclusive position. like squid 6 rome -- warned that they will become mo

the frankfurt international auto show opened its doors to the media on tuesday. car manufacturers are celebrating a rebound in sales. that has allowed them to steer clear of the slowdown. as they look to the future, they are expecting growing demand for cars with less muscle and more efficiency at an affordable price. here is a look at what volkswagen is rolling out. >> small is the new big. volkswagen is hoping that their new vehicles will compete well. with prices below 10,000 euros, this is designed for developing countries and crowded western cities. a battery powered version is due in 2013 and volkswagen is working on a diesel option, too. they have high hopes. >> we are noticing that the trend is moving towards small cars. young people in the inner city are opting for small cars. we have to offer something here, too. >> the german rival, bmw, is making a push into the small car segment. bmw hopes to show the shift is not coming at the expense of the top market segment. >> back to you. >> thank you. amid the recent turbulence, markets have been headed down.

. >> things were flat lining in frankfurt. those fears are having an effect.as you heard, the dax fell almost 5% but still managed to stay above the 5000 mark. the dow ended about 3.5% down. the euro is trading at $1.34. one good thing for you, oil is getting cheaper. crude has been trading over 5% down. the price drop came in response to the disappointing economic forecast. slow economic growth reduces demand for oil. >> i will be back after a short break with more on the pope's visit to germany. don't go away. >> we continue our broadcast of coverage of the pope's return to his native germany. there was a warm reception the german president. benedict later held private talks with chancellor angela merkel where they discussed the financial crisis and globalization. then he went over to deliver the first ever speech to the german parliament by a poke. his address there was largely philosophical. he wrapped up the day with a celebration and a mass for over 60,000 people in berlin's of the stadium. he tried to help catholics strengthen their faith. he will be re

i'd moved ck to europe, i wa working in frankfurt and bars low that also working in america but in frankfurt i was called to play auditions forome singers and the story goes-- and he loves to tell the story-- that while i was playing the introduction he turned to wolfgang wagner, the then boss and he said "i don't know about the singer" he says "but the kid i want." and so i became his assistant and i became his assistant for six years. >> rose: and what did you carry away from that experience? >> well, as a musician and as a conductor and like i... still at that poi this was in 1992 i had no idea... 1986, excuse me. i had no idea that i wanted to conduct or anything. but i knew i wanted to learn and he caught me how to learn. i think in every field you have to learn how to learn. how to absorb the material. how the look at a piece of music and see what's really there. what it's potential is. how do you bring it to life. because music is just a piece of paper until you play it. >> rose: tell me whathe taught you about how to learn? >> well, there were different things that you take into cons