ford has wrought some of its own chinese models to the frankfurt show. it has had a joint venture there for 10 years. >> out to another joint venturer with more than business at stake. the joint venture is run by north and south korea and reopened after months of reaction when operations were suspended in april when tensions soared between the north and the south area >> traffic has turned to caisson. for the past five months, there's hardly a car or truck on the road. now the industrial park is back in business. it was a day of reflection for many of the 800 or so south koreans who were once again crossing the border on their way to work. >> we will warmly greet on north korean colleagues. we will be happy to see each other again erie it >> i hope everything runs smoothly from now on. that it once again becomes the lively place it used to be. caisson lies 10 kilometers north of the border separating the two koreas. the giant complex employs 55,000 workers, mostly from the north. they work for 120 companies, most of them from the south. it's a symbol of

conrad sent us this summary of the day's trading in frankfurt. >> the international auto fair in frankfurt started with very strong increases of the stock prices of the carmakers here at the frankfurt stock exchange. many carmakers came out with lots of positive news. bmw and audi reported strong sales during the month of august. the boss of peugeot promised better sales for 2014. he said he can imagine more cost cuts at the french carmaker. the main reason for the increase on the broad stock market in frankfurt was easing tension around syria and positive economic data from china. industrial production stronger than anticipated. also, the chinese retailers reported a very strong increase of sales. >> we stay for a closer look at monday's numbers. the blue-chip dax index closed the day up. stocks rallied up almost 2%. in the u.s., stocks opened higher. the dow jumped 0.74%. euro was trading at 1.3266. some news to celebrate for technology fans. apple has just announced not one , but to mobile phones. >> in an event at the company's california headquarters, apple presented the iphone 5s and

. >> the ecb in frankfurt. next year, 700 staff will begin their task of watching over 130 banks which together account for 80% of banking assets in the eurozone. it is part of a plan to guarantee financial stability in the block. the european parliament is now giving the green light after last-minute wrangling was delayed the vote by couple of days. the european commission wants more. >> we still have lots of work to do. the joint supervisory body is a very important step but it is only one step towards a greater banking union. >> the supervisory body is one of three pillars of the union. the other involves a scheme to close banks and a common deposit guarantee system. a fund to compensate depositors when a bank is out of business. if a bank fails, who should have the power to shut it down? the commission would like the authority. it is still facing resistance from national governments unwilling to see their role diminished. >> the eu's move towards establishing a banking regulator has been closely watched by

likewise, brazilian writers were featured at the frankfurt fair.ermany also sees brazil as an essential partner. >> if we want to achieve things globally from environmental protection to securing peace, the smart and right thing to do is to maintain regular exchange with brazil. >> another passion that germans and brazilian's share is soccer. with brazil hosting this year's world cup, tens of millions of germans are sure to take notice. brazil's economic boom may have cooled, but many economic -- in south american countries are going strong. >> we are amazed at your low unemployment, and we wish you continued success. >> germany's opposition green party accuses berlin of being too focused on trade, ignoring concerns about human rights and the environment. they label the argentinian beef so popular in germany as damaging to the environment. germany is the eu's biggest deep order of argentinian beef. latin america continues to grow more confident on the world stage. argentina's president has come out against a free-trade trade agreement between latin

comments back -- commerzbank seeing shares tumble. >> at the frankfurt stock exchange there. let's look at the dax by the numbers. the dax was up ever so slightly, 0.1%. the euro stoxx 50 up and the dow jones industrial average is down by 0.15%. and the euro is trading up against the dollar, $1.3524. europe is losing ground in terms of productivity and that is bad for jobs. that was the warning issued by the european commission. >> they say the problem is hitting some countries worse than others, namely as a result of red tape, poor infrastructure. >> the european union has a problem. manufacturing industries are shrinking and it's hurting the chance of recovery. the european commission is worried about the decline. between 2000 and 2012 the contribution made by european industry to economic out of declined to 15% of gdp. the industrialization is affecting different countries differently. britain, france, and italy are seeing their industrial sectors shrink and in germany the situation is stable. since 2000, industrial of what has declined by up to one third and german produc

a summary of the day's trading in frankfurt. >> investors did not want to decide for either direction, which also has to do with the fact that over the course of the week him a many events are due, which might move the market a little bit more. this tuesday, apple will come out with its new iphone, and anticipation of this, the stock price increased above $500 again. also this week, international auto fair is opening its doors. this is going to happen in frankfurt, and the news of the ceo of fiat canceled his visit to the fair, which led to speculations that that ceo might be busy negotiating an increase in the state of chrysler, if not a complete takeover of chrysler. >> in frankfurt, where we can stay, first of all, for a look at the closing numbers at the end of monday's trading. the dax was almost flat. the stoxx 50 slipped just a ittle bit into the red, but not by much. closing numbers there. in new york, trading slower, and the dow. here in berlin, gadget addicts have just a couple more days in their fix of the electronics show. lexmark phones and tablets. as a reporter found ou

this summary from the frankfurt stock exchange of what was on investors minds on wednesday. >> the upswing of the stock market has softened somewhat, but this is not a big surprise, if we look at where stock prices have climbed again. the dax is not far away from its all-time high, and the ndax has reached an all-time high this wednesday. quite obviously, investors are interested in riskier assets again. the so-called safe haven investments are not so interesting anymore. you can see it on the bond market as well. germany came out with a new 10 year government bond this wednesday and for the first time in two years, the yield on these bonds has climbed above 2% again. germany has to pay high interest in order to be able to sell its bonds. >> conrad there for us in frankfurt. we can stay for a closer look at wednesday's numbers. the blue-chip dax index closed .6% higher. stocks rallied, closing up almost a half are sent. in the u.s., stocks are up .67% and at last check, the euro is trading at $1.33. >> thousands are fleeing in a southern philippines as fighting intensifies between governme

this summary from frankfurt. >> vodafone shares have been among the most wanted shares here in frankfurt. if the company really gets 100 billion euros, this means the company itself can start some acquisitions. on the other hand, if there are no acquisitions, vodafone could be a takeover target itself, as analysts were saying. this due to the fact that vodafone shares went up by four percent. the market in general has been very positive, although wall street has been closed because of the holiday. >> in frankfurt for a closer look at monday's numbers. wall street closed for the memorial day holiday. the euro trading at this hour at $1.31 to the u.s. dollar. >> thousands have turned out to protest. >> the small transylvanian community has attracted gold- mining since roman times. resources there are still immense and it could mean the creation of jobs and revenues. opponents say the mine belongs to the town and not any mining company. >> they say will destroy the natural environment because cyanide will be used to extract the minerals. >> protesters like these say the plan by a canadian c

a summary of the tuesday session in frankfurt. >> the corporation between no kia and microsoft showed that both companies might fit together pretty well. investors have been delighted at the idea that microsoft will buy the mobile phone division. nevertheless, here are two companies that have problem's. no kikia has been very late and microsoft has had some problems. the market in general went down today after climbing out at the beginning of the week. >> in frankfurt, we can stay for a look at tuesday's numbers. down by .75%. >> if you have an electric car, it will get more difficult for you to charge it in germany. they are pulling out of the business. >> last year, 4321 or registered in this country and many of those are not even pure electric. in the u.s., 51,000 new ecars were registered and in japan it was less than half of that. >> the government hopes electric cars will put germany on the road to a green future. sales have moved at a snail's pace. that led the technology giant to pull the plug. the german market has not kept up with other nations such as the united states. roa

. >> and suv's capture the limelight at the iaa motor show in frankfurt. in frankfurt.

for more now on how that tug-of- war in washington is moving markets, we go to the frankfurt stock exchange. >> the dispute over the u.s. budget dominates the market. traders are very worried in case lawmakers do not come to one agreement. the recovery of the u.s. economy is threatened, and it would cause financial markets a lot of stress. political problems in italy also weighed on the market. the cost higher losses at a milan stock market. shares of deutsche telekom performed very well. investors are seeing deutsche telekom is the winner of the consolidation process. >> let's look at the market numbers starting in frankfurt. the dax was down by .0 two percent, finishing at 8664. euro stoxx 50 also down .15%. over in new york city, the dow jones trading up .15%. the euro slightly down against the dollar. looking at the big picture, germany is a wealthy country where no one needs to go hungry, but even here, there are some who fall below the poverty line. >> a german charity project has been providing food for the country's poor and says it has never been busier. it is urging politicians to

summary of the trading in frankfurt. >> although there have been small plus signs in the dax toward the end of the session, the market has been trading very low. very nervous. high volatility. especially because of the fact that the war in syria is worrying investors, and the probable steps made by the u.s.a . weigh on the markets heavily. this trading day, lufthansa shares went down sharply because of the very volatile oil prices. the german economy in general seems to be very stable. >> let's check out wednesday's numbers in a bit more detail. the dax up by about 2/10 of 1%. the euro stoxx 50 performing at about the same level. the dow is looking even. the euro is trading stronger against the greenback. japan's government says it will be able to contain the radioactive leaks at fukushima and have the situation completely within kroll -- within control in the next seven years. >> the olympic committee will decide who will post those games. japan has been reassuring the committee that the country is safe. >> tokyo 2020 -- >> tokyo wants to host the olympics in seven years' time. the

not to taper led to fireworks here on the frankfurt floor. the dax went up to a new record high, but later on this session, the gains melted away a little bit because there were many question marks remaining. one is why the fed did not do anything, because the federal reserve had prepared the markets perfectly for this decision that has not been made now. some experts said they are really disappointed about that because it would have been the perfect day to do so. >> let's take a look at the numbers in detail. the blue-chip dax managed to set yet another all-time high, closing at 8694 points. the euro stoxx 50 also finished the day up. meanwhile in the u.s., the dow is down almost 20%, and the euro is trading at $1.3 527. >> jpmorgan chase is paying regulators in britain and the u.s. 675 million euros, a global settlement for violations that led to a $6.2 billion loss at the bank last year. >> the bank was charged with massive failures and oversight after traders in london booked up huge losses and complicated derivative trades and hid them f

. >> for more on how that news affected the markets, we go to the frankfurt stock exchange. >> at least some positive news from france, which the market did not honor today. traders have been worried about the situation in italy and in the u.s. italy's coalition is threatening to break apart. the country had to raise interest rates in order to get more money, but more important is the ongoing unsolved dispute over the u.s. budget. in the worst case, this could seriously harm the entire world economy. only a few days left for u.s. lawmakers. this was a birding for the dax throughout the week because everybody is looking forward to what happens next week in the u.s. >> now let's look at the numbers ourselves, starting with frankfurt. the dax was down ever so slightly -- .03%. euro stoxx 50 a bit more down -- .12%. in new york, the dow is down .6% at the moment. the euro trading slightly up against the dollar -- $1.3 520. moving to the world of sports now where world football governing body the for apostasy in japan the 20 022 world cup qatar is coming under criticism. >> this time it's no

our correspondent sent us the summary of the thursday trading session in frankfurt. >> the ecb is stuck at between a rock and a hard place these days. on the one hand, they promised low interest rates for a long time, especially to the financial markets and the financial sector, of course. on the other hand, in the u.s., we see that the yields to go slightly up and the u.s. federal reserve may stop its bond buying program pretty soon, so the markets reacted to the ecb decision only slightly. the euro went down a little bit because the interest rates will not rise in the near future. on the other hand, shares managed to get just slightly into positive territory. >> we stay in frankfurt for a closer look at thursday's numbers. the dax finished the day up by nearly .5%, finishing their at 80 234. the euro stoxx 50 doing even better. across the atlantic, the tao at this hour trading up very slightly -- the tao -- the dow at this hour trading up very slightly. the trial resumed in munich a -- beate zschape. >> 10 people died between 2000 and 2007. the court was set today to hear from one of

jeff has been in frankfurt. he's been catching up with the ceo kazuo hirai yesterday. >> it was a fascinating conversation, ross. we -- one of a limited number of broadcasters that had access to the ceo of sony. and you'll know, i mean, sony had a dreadful few years of late. they seem to have got left behind as all these other operators or device producers move to a platform type approach and focused on the experience for yusers. sony continued to focus on the technology and somehow missed the wow factor with the consumer. well, last set of numbers shows they are starting to turn things around under this one sony program that mr. hirai has championed. so i kicked off that conversation by asking whether they are going to meet the raised targets and raised guidance they gave the market at the last quarter's earnings. >> we still have a long ways to go and also we still have yet to do see how we do during the all important holiday season. i believe with the great products like the xperia set one and other products

we'll get over to frankfurt fairly shortly. steve will be there with us.ing about mr. fabis, who is speaking there, saying they're going to propose a chapter 11 resolution on syria positive can a security california. there will suggest dismantling the syrian weapons stockpile. this follows on from the russian proposal talking about going and taking away the chemical weapons. and it would also, this resolution, propose those behind the august 21st attack be tried. so france is proposing a resolution to the u.n. security council. that resolution would propose dismantling the syrian chemical weapons stockpile and it would propose those behind the august 21st attack be tried. we've got the latest data out of india, as well. trade data, very important. $37 billion. the exports $26 billion. august ex sports, the result is coming in at 10.9 billion, which is the sort of figure we were looking for. the golden ports are going down consistently. the rupee, of course, moving away from that high that we had around 70 against the u.s. dollar. and we are down over a two

idea at a refreshing outlook there from a professor and doctor of a political the economy of the frankfurt school of finance dr horst of the shell joining us live for an r.t. thank you so much for your time today. well thank you so much for your time today as well there's a little good news though regarding the euro zone's latest unemployment statistics a block wide and joblessness has basically grown every month for the past two and a half years ever since greece was given its first bailout but now with angela merkel's government about to stand the electoral test it could be crunch time for the single currency laura smith reports. it could be make or break for the eurozone as the german election approaches europe's a region still stuck in recession with outbreaks of social unrest and some believe the outcome of the election could be a catalyst for change i've been speaking to but klaus the former president of the czech republic capital markets conference here in london he compares the european project to communism and says the time is now for the people of individual european countries to

and i was up more on this was frankfurt based geopolitical researcher and author of full spectrum dominance william and darling thanks so much for joining us here on r.t. so first question here is what would the u.s. and ukraine gain out of this deal. well i think first of all the shale gas option is a. very very overplayed bubble by by wall street the the gas deplete so rapidly if you take the example of shale gas in the united states the same companies now have moved into into shale oil because the costs of extracting the gas and drilling ever more wells it's just prohibitive to say nothing of the environmental impact of that on the on the ground water table with the injection of huge millions of gallons of toxic chemicals and also the question of. the water usage so i don't think shale gas is at all and certainly not from exxon show lower or chevron to turn from from russian gas companies for conventional gas to develop a known quantities of shale gas and have it deplete within a matter of less than ten years this is going to be really a dead end for ukraine ok and speaking of you know w

frankfurter said do not take this case, and he did not.hey did not take it for quite a while, and eventually when things had settled down some, and it was clear that this integration was going to end -- we thought -- then they took the case and said it was unconstitutional. there is discretion in taking the case. was frankfurter right? muchis something that is debated. personally, i have read about eisenhower and little rock and how important i think that was taking those thousand paratroopers from fort bragg and sending them to little rock and escorting the black little rock nine into high school. open up. the freedom riders, martin luther king. lived to that. thing was tortant get this thing of desegregation accepted. was all that there was gay marriage? no, it is not there. when people say they are day and meet people who are gay, they are friends. i think you had a hand in that. but it is not the same thing. but nonetheless, you are asking really had ae problem about whether this would be accepted in large number of states and people g

in the meantime we hope to have more later in the week from the frankfurt motor show.e germans should be able to show off their developments as a result of increased research and development when perhaps some of those club med automotive workers have not put in that type of investment. a lot of talk that they're looking outside europe itself to sell cars in the future. >> if berlusconi loses does that create instability because he could withdraw support? >> the question is "a," would he withdraw support or say i'll come back another time? secondly if he does withdraw support, could the coalition fall? the analysis seems to be we've proved in europe time and time again because the situation is so dire, these coalitions are stronger than we think. because the alternative of breaking the whole thing up and disagreeing is too great for most of them. >> good analysis. crazy story, simon hobbs. let's get to bob pisani. >> important thing about today, dow is over 15,000 again. nice gains after essentially roller coaster ride on friday ending on the flat line. important story

we have more from frankfurt. >> we have sent a clear signal to share markets as people have hoped for. they went down to 7.3% which has been better than expected. a number of created jobs have been poorer than people thought before. this mixed bag led to a mixed reaction because the numbers did not show clearly that the u.s. economy is recovering. they ended up slightly in positive territory, but the worries about syria often dragged down shares. >> the dax finished the day higher by about two percent on the week. the dow at this hour trading at a value of 14,948, of just a tad. the latest revelations from edward snowden are causing a bit of a storm. suggesting u.s. british intelligence could crack most of the -- >> as well as sensitive corporate government communications. the top official for data protection lashed out. >> they long advised the citizens to only send sensitive data by websites that use encryption coding. they have prompted a muted response from berlin. >> these claims are completely unproven. they claimed that the nsa was spying on germans across the board. inside ger

of the frankfurt motor show earlier in the week to ask about the road ahead. we're still forecasting european markets which will be down for their all year this year by about minus five persons having said that i believe that's where you've probably hit at the bottom. we can see the green shoots all recovery and progress at least for us. developments as you said is the largest markets in europe in europe the market has been extremely difficult since the beginning of the year extremely competitive as you know. rather in the recession situation especially in the segments. which is the medium car calls having said that the most recently we had in russia which is the college rickles c four. doing very well and we believe that it gives us an opportunity of growth at least in terms of market share that fateful today venture capital all the same place same time. london. at the end of the street another one a more transparent society get the money the tears become we see. the. blend in the city the city the more people trust electronic devices the more. you as a. miss

dorman hammered freiburg and frankfurt drew against hamburg. hockenheim and shock drew 3-3. berlin one at home. game saw shared points. they were attempting to finally get a result away from home. they missed out. >> they put him in early pressure as they look for their first away win of the season. this shot rattled across card, but it was the home side that took the lead after 27 minutes. to be bouncing back from their defeat last weekend. the could not hold onto momentum though. only six minutes later, the the equalizer was scored. his way past the defender and fired into the corner. he continued to push after half time and was rewarded when the substitute put them ahead. the keeper was left happy. but two minutes before the final whistle, he scored to secure a draw for his delighted team. a disappointing end, but they finally have their first away point of the season. the end ofngs us to this edition of the journal. we hope you will join us again to top of the hour. >> i've traveled to istanbul to meet this group of entertainers. is an artisticce form of rebellion agains

. >> the more pressing issue is the visit to frankfurt. the new member has already made his executions clear. >> in my experience, people perform better when they are under a healthy level of pressure. >> this world beauty pageant is taking place on a resort island of bali today. hard-liners have threatened to stage more protest against what they are calling a poor contest and orthography. contest and pornography. the hard-liners say they will do anything to stop the contest. security has been stepped up accordingly. more news at the top of the hour. >> i have traveled to istanbul to meet this group of entertainers. performances and artistic rebellion against the government have become the soundtrack of a nationwide protest. songs of themselves solidarity. this is a last rehearsal before a major summer concert. i am here to get a look at the role they play in the wider movement and why this band of talented musicians opposes the government of air to one. erdogan. old has been a member for years and is considered one of the best dancers. he

of the frankfurt motor show earlier in the week to ask about the road ahead. we're still forecasting the european markets which will be down for their all year this year by about minus five persons having said that i believe that's we've probably hit to the bottom. we can see the green shoots. recovery in progress at least for us russia is one of our priorities owens of development as you said a it's the largest markets in europe for the in europe the market has been extremely difficult since the beginning of the year extremely competitive as you know and rather in the recession situation especially in the segments where we are all which is the medium car calls having said that the most recent we had in russia which is the ok i would rickles see for. he's doing very well and. we believe that it gives us an opportunity of growth at least in terms of market share that fateful today's venture capital all the same place same time. fans of the shocked your football club and code of conduct kazakhstan believe in a certain special ritual help them achieve victory aga

emergency crews and 60 ambulances met the flight from frankfurt when it touched down at o'hare just after 11 saturday night. paramedics took two of the six people complaining of a list of hospital. the flight was already hours late making an emergency landing in london because of a passenger who may have suffered a heart attack >> there were a few people sect ick. >> no word on the condition of the remaining six passengers >> illinois comptroller julie baar topinka kicked off her reelection campaign today. she says she is looking forward to continuing her fight against the spending and barring plans that have driven illinois finances into the red >> she spoke today at the billy goat tavern before leaving on a statewide bus tour that will take her to nine cities over three days >> the u.s. hispanic chamber of commerce is holding their annual conference right here >> we're very impressed and encouraged by the tremendous entrepreneurial energy of the hispanic community. we have to make sure no one is left out >> hispanic businesses in the u.s. have doubled within the last year >> helicopters

hamburg rescued a point at frankfurt. crews one and on friday, it was dead even. let's see others scores affect the bundesliga table. stood guard's win puts them in the european place. the european drop takes them out of the bottom three against a -- although they are without a win the season. hamburg's new awesome has his work cut out for him despite deflecting a point in his first match in charge. two hours three minutes and 33 seconds is how fast the berlin marathon was run today, 15 seconds faster than anyone else ever. setting a new world record is pretty lucrative. he went to with 90,000 euros in prize money. >> 3, 2, 1. lex the four-time marathon champion fired the starting gun, sending 41,000 runners on their way. weather conditions were almost perfect with cool temperatures at the beginning. in the favorite made it known he was waiting for a new world record. he was part of a five runner pack leading the race. then he shot ahead, leaving behind the second-place arson from kenya. he blasted through the occasional headwind, completing the marathon in two ho

the dax in frankfurt gaining by half a percent. and paris the cac40 up by almost .8%. the new york stock exchange will start trading in a while. >>> scientists at japan's kyoto university say they've identified an enzyme that when deactivated gives male mammals the ability to give birth. the study was led by associate professor from the university's institute for virus research. the research is focused on an enzyme called jmjd1a which is active in the testes of male mice. when it was deactivated, the mice developed wombs and mammary glands, which means they could also produce milk. the findings could help the dairy industry. >> translator: female cows are important in dairy production. the discovery could help dairy farmers increase milk production in case of a possible food crisis. >>> voters in the maldives will choose a new president this month. dhra dhirakaosal in bangkok has the details. >>> saturday's poll will only be the second multi-party presidential election to take place in the maldives. the first vote in 2008 followed 30 years of autocratic rule. political

we're going to do that at the frankfurt motor show in germany. the watch will be able to monitor and display key data about your car, your driving conditions, and you. >>> video game fans in japan got a sneak peek at sony's playstation 4. it's the first new model in seven years and will debut in the u.s. in november. perfect for christmas. >>> and mercedes is developing a self-driving vehicle, and it plans to start selling it by 2020. the company says the automated car can cruise through streets or traffic jams, while the person in the driver's seat just sits on back. that's why they're not calling them drivers anymore. >>> coming up, two nfl monday night games and two stunners. >>> plus, how much cash the u.s. open champion won, and all of your sports highlights. next. >>> let's get the latest in sports for you right now. u.s. open final. they had an extra day to rest this year, and it paid off. number-two seed rafael nadal versus number-one seed djokovic. the battle royale, a 54-shot rally. djokovic won the rally and the set, but loses the whol

the social democrat reached out to voters in frankfurt, telling the crowd that germany needs more social justice. something he and his party would offer. i'm talking to everyone who has plans for this country, who wants to get out of this stagnation and get things moving again. i'm talking to everyone who thinks this country should be politically shaped, not just administered, and i am asking for your trust. but steinberg is facing an uphill battle to get into power. a coalition with his preferred partner, the greens, is not likely to gain enough votes to form a government, but steinberg has not given up. >> i want to be chancellor because i have ideas for this country. his dream has been angela merkel's reality for the last eight years. the current chancellor is her party's biggest vote winner. their election campaign has been based around merkel. they say germany is doing well because she is in charge. can make their own mind up about who to vote for, but we can say over the last four years there is definitely -- there has definitely been progress. >> merkel says her government support

starting with the dax in frankfurt. the finish, the euro stocks 50 also on that change.own by nearly 3/4 of a cent. and the euro down against the dollar by 1:35 exactly. the global number of child labor ers have dropped by 1/3 since the year 2002. >> but estimates 158 million children around the world are at work, more than hatch performing dangerous tasks like operating machinery or mixing chemical. the largest number of children, about 8 million, work in the aisha pacific region. and apple says test cold solede 9 million of the new iphone. that's seen shares rise but not all the news has been good for the company. >> german hackers say they've managed to crack the new fingerprint security issue. they said they fooled the boy metric system in the film by making an artificial copy of the finger net. before were go, the u.s. is making a big comeback in the world cup. >> the kiwi's team was cut into. the u.s. crew still need to beat new zealand four more times to keep hold of that trophy. we'll be back at the top of the hour for more news and information for you so don't g

one expert from the frankfurt school finance believes that it is vital if the you is to escape the financialck hole. >> we have reached a peak. there are signs in the real economy, but also in the political area former progress to come in the future. i am not saying we are out of the woods. what i am saying is we're making progress. the situation is still difficult, and we have to avoid the crisis coming back and also to swap over to other countries and the eu. i am pretty confident that after this election, more progress will come. also the political arrangements. also, in germany, germany has a lot of advantages from the euro in our export and so forth, and i think still, although there is some problem in the mood of the public about the bailout and all these things, but there is the support here in germany. >> one line right here for you from rt. is it a bird or a plane? no, it is a drone. head to our website to see a new generation of feathered fliers. go to rt.com for more on that. online we have the full story about a 19-year-old internet fraudster who stole $150,000 every month. ♪ >>

jonathan martin, al jazeera, frankfurt, kentucky. >> massive walls of water, leaving dozens injured in its wake. that's all i have an real money. victoria azarenko >> welcome back to al jazeera, i'm richelle carey. leer are some of the top stories we're following for you. the white house says president obama will veto any budget bill that removes funding for his health care reform law. house republicans plan to use the bill to try and defund the law. >>> now that floodwaters are ceo cretding, the recovery is beginning. thousands of homes damaged don't have insurance. >>> the navy yard reopened this morning, a few days after 12 people were killed there. security clearance checks despite what secretary of defense chuck hagel called red hot flags. the prime minute diser of japan minute minister of japan took a three hour tour of the crippled nuclear plant, ordering the directors to scrap all of the nuclear reactors at the plant. >>> tidal bore it happens when the incoming tide is so big its leading edge actually forms a wave. that wave moves along at about 25 miles an hour. >> hi, i'm met

frankfurter said don't take this case. and they didn't. they didn't take it for while -- quite a while. and eventually, when things had settled down some, and when it was clear the segregation was going to end, we thought, then they took the case, loving versus virginia, and said it was unconstitutional. there's discretion in cases we take. was frankfurter right? that is something that is much debated, much debated. personally, i've read about eisenhower and littlerock and how important i think that was taking those thousand paratroopers from fort bragg and sending them to little rock and escorting the blacks into the high school. and look what it took. the freedom riders and martin luther king. it's not, it's not there. when people meet people who are gay and they say i'm gay, they're friends. okay. i think you had a hand in that. but it isn't the same thing. all right? so nonetheless, you're asking me, well, suppose we really had a problem about whether this would be accepted in a large number of states and people go up in arms and you t

more from frankfurt. >> the numbers weighed on share markets today. shares of bmw, but also of tiremaker continental tire went down significantly. on the other hand, they are better than expected. investor'' confidence kept it from falling too much. people are waiting for the fed decision on wednesday. the federal reserve's meeting may show if the federal reserve sticks to its policy of easy money or not. >> let's check out the numbers for you there. the dax saw minor gains on the day. new york trading still underway. >> it seems it's not just the devil who is wearing prodded these days. italy's fashion powerhouse is reporting a big jump in first- half profits, up 7.6% to $308 million -- 308 million euros. >> analysts say that prada possibility of a low-key style is a big part of its popularity. >> the british government has been selling off its stake in lloyds banking group. >> 6% stake was sold off today. >> lloyds banking group has around 30 million customers in britain and branches across the country. at the height of the financial crisis in 2008,

. >> it looks like a car cat walk, a kind of automotive fashion week, the frankfurt motor show, a showcase for germany's economic strength. even here, germany is not immune from europe's troubles. >> the automobile market is declining. we see a decline of more than 6% in germany. what europe's second -- happens in elections matters to the rest of the continent. hanover. a big band warms up the crowd for a campaign stop. two of angela merkel's cabinet ministers and closest allies are here. there is little mention of europe. for germany's political class is largely united, committed to saving the euro and comfortable with further integration. >> it is widely considered as a sign of stability and reliability in europe. >> on the streets of dusseldorf, a new, small, eurosceptic party challenges the consensus. the people want no more of bailing out of weaker euro zone countries. there are plenty of shaking heads when the candidate says each country should be responsible for itself. this man says, "i find that good." >> the euro has proven not good. >> do you think it brings europe closer togeth

verizon stock in frankfurt is up 0.8%. joined by brian reynolds, chief market strategist at rosenblack securities. brian, good morning to you. how attractive is this verizon debt? >> well, to the pension funds in the u.s. that need to make an above market yield, it's very attractive. right after the vodafone deal was announced at the start of september, verizon debt yield rose between 50 and 90 basis points. in that environment, that type of a rise would attract a tremendous amount of borrowers. rumors have it that they have over $90 billion worth of bids for this deal. and by the time it prices today, it wouldn't surprise me to see over 100, maybe even 120 billion worth of bids. it will be vastly oversubscribed. >> what will that mean then for where the yield ends up? >> it means it will be a slightly above market yield, probably 50 -- you know, probably 50 to 75 basis points, depending on which tranch of the deal you're looking at. so on a relative basis, it's an attractive bond for pension funds that needs to get extra

more from frankfurt. >> the numbers weighed on share markets today. shares of bmw, but also of tiremaker continental tire went down significantly. on the other hand, they are better than expected. investor'' confidence kept it from falling too much. people are waiting for the fed decision on wednesday. the federal reserve's meeting may show if the federal reserve sticks to its policy of easy money or not. >> let's check out the numbers for you there. the dax saw minor gains on the day. new york trading still underway. >> it seems it's not just the devil who is wearing prodded these days. italy's fashion powerhouse is reporting a big jump in first- half profits, up 7.6% to $308 million -- 308 million euros. >> analysts say that prada possibility of a low-key style is a big part of its popularity. >> the british government has been selling off its stake in lloyds banking group. >> 6% stake was sold off today. >> lloyds banking group has around 30 million customers in britain and branches across the country. at the height of the financial crisis in 2008,

anette is looking ahead to this and joins us from frankfurt for more. are they all feeling at the moment? what i was surprised about, what hasn't come um in the election and affects all these guys so much is that the high costs of energy in germany is directly down to angela merkel's green policies. >> well, actually, it's because the current government couldn't agree on a reform on the renewable energy law and that is actually criticized here on the domestic level in germany. and one of angela merkel's priority toes tackle it right after the election, she promised all over and over. again, and, of course, it's very dear to the heart of a little of middle stone companies who are partly at least high on the energy consumption side as they're looking at car parts suppliers. i traveled down to southern germany in the heartland on the german mittelstand company. they are a teddy bearmaker. take a listen to what they said about the rage of the company. >> it's been in existence for over 130 years. so we're certainly a company that's here for the long haul an

back to you. >> annetta back in frankfurt. portugal's austerity party incurred the wrath over the weekend. meanwhile, the opposition socialists performed strongly regaining power in lisbon with mayor antonio costa claiming a third term by a wide margin. the vote was seen as a key test for the 2-year-old coalition government. >>> meanwhile, a government crackdown into the activities of the greek far right dom party intensified this weekend with the arrest of the party's leader and deputy. yesterday the man seen as the party's number two turned himself in after a warrant for his arrest had been issued. on saturday police arrested the party's leader before charging him with belonging to a criminal organization. >>> and lots of politics, ross. that's all we are talking about. austrians headed to the polls on sunday to vote on the country's parliament elections. they fought off a strong challenge from the euro skeptic right wing gaining just enough votes to form a new government. the centrists crossed the line with 50.9% of the vot

of the camera, there were various manufacturers, believe it or not, because it was distributed in frankfurta german maker called walter kunik. um, and it's not that cut-and-dry, though. it's a complicated camera in that various models of this camera were made by different people in different countries. and it came in various finishes as well. so, if i were to say to you that it was worth 300 to 400, that would be the mark. and i reckon that's a great price for a great little thing. to think that your mum used it, i think that's wonderful. this has got a beautifully polished top. has it always been at this level, as far as you know? yes, as far as i know, it has, yes. because i think, give the nature of the way this top was made, it was once upon a time much higher and it wouldn't be seen. really? yeah. i think this stand is later than the object itself. and patterns of spindle-fronted cupboards like this are usually hanging cupboards. but this is a bit too deep for that, so i think it sat on something else. do you have a name for this piece of furniture? i believe it's called an alms cupboa

we flew first to frankfurt, germany, to libreville to refuel and finally to our destination, the congoere greeted by the leaders of the mercyship. they launched it in 1998 to help the forgotten poor. ♪ >> over the past 35 years, mercyships has visited more than 575 ports in 72 nations. but it's the first time to the congo, and they'll be there for the next 10 months. most people there don't have access to basic medical care, and many haven't ever seen a doctor. on board the floating hospital, i met the man who steers the ship, captain tim traithway, and took a tour of the bridge. i also met buck, the 180-pound training and drilling exercise dummy, and i even got a tour of the kitchen from head chef ken hatfield from north carolina. he and his staff serve anywhere from 1200 to 1700 meals a day. when i go home, if i've gained any weight, can i call and complain? >> you can call it mercy hips instead of mercy ships. >> okay. the entire crew including the heroic doctors and nurses are all volunteers, nearly half of them from the united states. and you never know who you might meet, includi

of recovery pushing for more action and reforms political economy professor horse show from the frankfurt school of finance believes caution is vital if the e.u. hopes to escape its financial blackhole. we have now the peak we reached a peak for example in unemployment and there are signs in the real economy but also in the political area for more progress to come in the future i'm not saying we're out of the woods what i'm saying we are making progress also although the situation is still difficult also in cyprus as well and we have to avoid it to cyprus krises come back and also. swap over to other countries of europe area but as i said i mean we have also you did the election in germany and i'm pretty confident that after this election more progress to come also in the political arrangement to fix further on the euro crisis also in germany germany has also a lot of advantages from the euro in our exports and so forth saw i think still the public although days. and some problems in the mood of the public about the bailout and all the things but there is of support here in germany. onlin