frets by the central powers and all the board germany. france and there are the national the national interests and indeed french and there are. on political models the other thing that i would like to say is of course they simply cannot understand the second war without one the second is launch a product of the first but again these are not part of the same conflict there are very clear differences and also war was not and war is never one of the policy makers may like us to believe inevitable and in fact in the war years we know the treaty of versailles and the league of nations failed on this only after fell and it's important to remember that at the end of the day the second war like the first was a product of failures by policy makers. drastically exactly and i wonder if we've really learned from them ivan eland and we just heard here that you know we have france and britain in getting involved the world out of now a nationalist sort of perceived national interest but the war ended really as. a net loss for them it wasn't thought of

we had it from germany and france today. germany's growth more than forecast. hans nichols is live from germany and mark is in paris covering the french economy. hans, let's start with you. the german g.d.p. numbers, contraction more than had been expected. what happened then during the second quarter? >> well, exports were down. ip ports were up but exports were down. that is what is driving it. some of this is seasonal. we had a warm first quarter in germany and a lot of construction movement where construction activity was moved forward in the year. we're starting to see the effects of russian sanctions and what it has done to the business psychology here. tch just speaking with the c.e.o. they have some 3 million container units they load up a year and ship them all over the world and their view here is that things are going to be worse later on in the year and potentially more depressing when get into 2015. the caveat to all of that is that germany will still have basically small amounts of growth. this is not going to be a horrible outlook going forward b

ship with europe well germany u. turns torpedoes corporate sovereignty charter in trade agreements with the u.s. and canada resistance grows so there was an article that was overlooked against amongst all the chaos around the rest of the world on july twenty eighth in the german daily. try to pronounce just sued deutsche which they said that the german government will not accept seat at c e t a the canadian european trade agreement if it contains a corporate sovereignty chapter in its present form so germany you diplomats confirmed in brussels on friday that the german federal government could not sign the agreement with canada that is as it is now negotiated germany is in principle ready to initial the agreement in september but the chapter on the legal protection of investors is problematic and currently not acceptable now of course this is the investor state dispute settlements so this is the thing that they're against now they're suddenly against it even though germany was the first one to ever introduce these co

germany wants to get diplomacy back in gear. there are high hopes for the meeting between the russian and ukrainian leaders. >> for more analysis, we are joined by our political correspondent. john, what sort of message will chancellor merkel be delivering when she arrives in kiev? >> of course, by going to kiev on the eve of the independence day celebrations in ukraine, she is sending a very strong signal, first of all, to poroshenko of support from germany and from the european union. she will also be talking about material support. ukraine is, of course, in a financial and economic disaster situation at the moment. she is also, though, going to be asking for something in return, i think, and that is for him and his government to calm down the rhetoric against russia ahead of poroshenko's meeting with putin on tuesday. she has also been in close telephone contact with president putin himself, and she telephoned today with him, and apparently, they discussed concrete steps that germany and russia could take to stop the fighting

germany is close to 22%. you take all of that and overlay what is happening in the global economy, the potential slowdown in china, sanctions and russia, just focus on sanctions and russia. look at the effect between january and may of this year. german exports to russia down 15%. 20-year, 20 five year decline could mean the gdp declines a quarter of a percent in germany. estimates all of european trade with russia if it continues to slow, .3% shaved off gdp. it is not all negative news. there could be a positive story. they will start shipping fully w's toed audis and vo china. manus, i think you are more of a volvo man, guys? >> hans, thanks for that. towe are live in moscow discuss what could happen if russia is hit by further sanctions. ♪ >> first. bloomberg. >> welcome back. i'm mark barton. our next guest says the current round of sanctions and russia have been priced into this year. now the concern is what happens next. joining us now from moscow is the directingor of prosperity management. >> good mor

then frankfurt germany would emerge as a big player and potentially eclipse. the city of london because they would be over there with the euro and you over here would be more just with the pound well it's interesting i suspect that isn't really the case the problem is of course that the the other countries in the european unity clee germany and france are terribly envious of how successful the city city is so there are talks now that once appoint a new e.u. commissioner one for financial markets only and you can be absolutely certain that if that happens the city is going to be incredibly scared because what we're going to want to do is make sure they introduce rules that affect the city of london only and start shifting the axis of financial but frankfurt they're going to shift the axis over to frank with them this is why you have things like greece going bankrupt is that the german economy the financier is done remarkably well during this crisis that's kept the euro relatively cheap for their export market and now they're going to. all eyes on the entire con

the service is all in germany. every text message is encrypted and can self-delete. >> if we organize government communications and build an infrastructure network, i would like it to be run by a german or european company. not one from outside. because then i will be able to trust it mor. >> there was no word on what the digital agenda will cost. the darman plans to present a detailed budget in october. >> that is it for now. we appreciate you watching. and more news for you at the top of the hour. keep it on "dw." captioned by the national captioning institute --www.ncicap.org-- ♪ >>> these single men and women have come here in search of a lifetime partner. the match making vent was organized by a buddhist monk with support from the local authorities. the participant a

on the one hand, germany's economy is strong and france's is not, so germany sees no real reason to suddenly change its economic helices. germany feels the proof is its present economic success shows that austerity does work, and critics say that these comments show that his economic policy is failing and that he is simply looking for germany to bail him out. we saw today by the reaction from angela merkel's spokeswoman that germany's government appears to feel pretty much the same way. >> people in the cafÉs say the germans are arrogant. there has always been this difference between all on -- hollande and merkel. >> in france it does look like arrogance, but here in germany lots of germans feel they made lots of sacrifices to achieve the current economic success. you have to remember that back in 2000, the german government made lots of very painful reforms. cuts in benefits, cuts in state spending all to get the economy back on track, and this was at a time when germany's economy was not doing well. these reforms were also pushed through by a centerleft government, so it was a very similar

the boat was a donation from germany. it travels into the ngiri reserve, the largest swamp forest in central africa. dr. yoursen bosolo and his colleagues bring help to places where there are no doctors. the floating clinic travels the congo river and its tributaries for weeks. >> the ambulance boat gives free medical care to patients in the villages around the ngiri reserve. we make an average of six trips a year to a total of 29 villages around the reserve. those villages are extremely difficult for health care workers to reach. >> didier mazongo from the world wide fund for nature is on board. he's the project director in the ngiri reserve. >> we're now in the nature reserve in the ngiri triangle, where there are quite a number of villages. the aim of this project is to improve the living conditions of the population while helping them preserve its biodiversity. >> the rain forest in central africa actually has one of the world's highest levels of biodiversity. but the forests, rivers, and sand banks here are empty. ci

well what's happening in germany erin is happening all over the world germany's economy contracted as you said italy is already contracted france has two quarters in a row of zero g.d.p. the united states in the first half we did not even grow one percent it was down a lot in the first quarter of a lot of the second quarter by a lot of that was inventories and if you just inventories make it look more like final sales growth was less than one percent and china is slowing down and of course japan fell off a cliff so if you look around the world. going into a global recession except i would say this is a continuation of the global depression which began in two thousand and seven you know we've done interviews in the past or so the way to understand is this is not a normal recovery a normal business cycle this is a depression that you can have growth in a depression it's just this below trend growth you never get back to that sort of three four percent growth that you're looking for it's kind of one to which. what we're saying but you can have multiple recessions texaco recession is insi

it sounds like nazi germany.nd the proponents of the legislation said that, no, the nazis never registered guns, and they would never have used registration records for anything naughty. [laughter] and so the administration commissioned a library of congress study, and it came back stating that registration of guns was not something that nazi germ had anything to do with -- germany had anything to do with, and there's no records that guns were ever confiscated that had been registered. and when they invaded other countries, there was no information that they ever used registration records to locate gun owners. and they didn't do much research to come to the conclusions. but anyway, i got interested in it way back when, and what was incredible to me was that no historian deals with this subject, it's virtually unmentioned whatsoever. and if you see any mention, i think there might be one of the two books that might have a footnote or something. but that's about it. and i want to say right at the beginning the titl

germany wanted the jews out of germany and they wanted them to arrive in cuba and make a large performancef antisemitism against them and for this they sent secret agents to organize this anti-semitic campaign but they were sure in the end the cubans would let them in. because of money. they knew they could buy the cubans. so germany was interested and the hamburg line was anti-semitic but they wanted to sell the tickets. so they were collaborating with bennettez who was interested to sell the permits to become rich. so all of these people were the bad guys, but the bad guys would also save the jus. now the good guys, the president wanted an honest and legal immigration policy. he grandson here, the secretary of state, he wanted the diplomatic service clean of corruption and he was very much pro-jewish but the people that were honest in the end turned out the jews. this is what happened -- in part of cuba. and when the st. louis came in, the secretary of state [ inaudible ] said to the captain or to -- they protested that the germans are mocking the sovereignty of cuba, so they are mocking

germany has its own problems.porary i asked wolfgang schaeuble whether he needed to revise germany's growth forecast. >> we have been very careful. experts in thest economy had a higher forecast for our growth. the government has been very careful. we were not so optimistic and therefore we are still in our in line withs and our economic targets. we have been careful. >> the minister schaeuble telling me that we should not be worried about the downturn in germany and that it is only temporary. there are reasons for concern, you saw the unemployment rising unexpectedly in august. you saw gdp contracting in germany and the second quarter. even though that was mainly due to seasonal effects, the minister told me that russian sanctions are harming the german economy. of course, germany wants to keep a partnership with russia. veryeat work, thank you much indeed. joining us from paris. all of that wolfgang schaeuble interview. tesco, one of the world's biggest retailers, has seen shares slumping. britain's biggest reta

ande about the germany. how have they been doing? >> germany has had an underperforming market. think equities look interesting to investors. would you look at the data, german companies are trading at the cheapest in europe since 2005. you can start to see that that saw aeconomy lot of money. that may start to rotate. ukraine is more tricky. i think the boe is out there giving contradictory information. the market is pricing that in. >> they said they wanted more volatility. >> the strong -- pound a strong. >> thank you very much for joining us from bloomberg news. we will take a short break here on "the pulse." we are in london. ♪ >> let's get a check on the currency markets right now. this is where the euro is trading. it is actually been below 132 in this session. the iphone is a little underwhelming. the us is how business leaders are feeling about the state of things. hans nichols joins us. merkel has been speaking in spain in terms of what to watch. that is an ongoing focus for us. >> especially to see if she reacts to see what is happening in france. she had an interesti

so, she was given two choices, germany or french and she opted for germany. >> she is not the only one in this school alone, more than 2000 students are working towards their exams. they come from all sorts of backgrounds and are doing it for many different reasons. >> this boy tells us in german. >> the culture, the people. >> i want to learn something. >> and today, the students are getting down to business. it is exam time. >> this is like driving a car or working a computer. this is a basic skill. those who want to stand out can do so with an additional foreign-language. >> armed with their new language skills, she hopes to get a job with a german car manufacturer. many big brands as well as smaller companies have branches in india. two hours later, she is one step closer to her dream. >> the reading and writing was easy. >> many here hope to use her language skills not only in india but also to visit germany one day. >> there is a big birthday to celebrate today. the panama canal is turning 100. >> a change the world but even it has to keep up with the times. >> the canal needs ex

we're talking about germany and france now.d morning. >> good morning 3789 >> the data is mixed. germany is lower than the previous month but it is a beat. french data on the manufacturing side disappoints. services is better. you think things could firm up in the second half of this year? does that dats speak to that story? >> especially the german data is a lot stronger than i would have expected given the news flow out of eastern ukraine that ke have these sanctions now -- we have these sanction annoy and over indicators that investor confidence was terrible last week. this is a very resill yept robust reading. particularly for the economy which has evaded the russian impact, good news. this is a -- this is the third quarter is shaping up nicely for germany. >> last week, as you say some horrific data and the week before, with the factory orders as well. this week you see the german data coming out better. is that good news, bad news? where does this leave with us the e.c.b.? >> i think the key here is to see that the soft d

germany had a strong second quarter. germany, strong growth in the first quarter, a bit of a payback in the second quarter. they're not looking for strong growth in the eurozone. it's not a disaster, but what about these eurozone cpi numbers, down 0.7% on the month, up 0.4% on the year. the euro nudging higher after we got the cpi numbers, trading at 1.3317. the cpi numbers, this is danger zone to the ecb, isn't it? and we're waiting for the effects of the rate cuts, you name it. they really should be doing more, shouldn't they? >> again, there are some important cyclical factors which pushed inflation down. the ecb has stressed that many times particularly in food and energy and, as you mentioned, the euro has come down, financial conditions are easing. that should contribute to some higher inflation over the next several months. by the end of this year, we would have seen, i think, like an 8 or 10 cent appreciation in the euro over six months and that will contribute a little bit to inflation moving forward. so the pro

promised is in germany. using this as a tool, russia has an effect on german and french policy. >> russia and the ukraine are scheduled to meet for talks next week. >> german chancellor angela merkel is holding a press conference in kyiv at this moment and our correspondent as covering that for us. angela merkel has arrived in kyiv at a tense time. what can we expect from her visit? >> that is absolutely correct. the situation could not be more tense. you heard the report that yesterday a russian convoy confirmedd nato russian troops are firing on the ukrainian territory. we have spoken to the representative of the minister of foreign affairs who said that our two expectations from the meetings. first, the ukrainian government does hope that germany will somehow facilitate the easing of the tension between the ukraine and russia over the conflict, and second, the rebuilding of the eastern ukrainian region of donetsk after the crisis finishes. what exactly were the arrangements, the agreements between chancel

fundamental problems in germany. have is a little bit of a bright spot in this ofber that is a contraction .2%. bang. bad news. domestic demand is holding up. let's go over the border. shock, horror. not really. we are saying that the export markers -- market is about 42%. index and 56% of the france is much less exposed. actually, it is worse. italy, germany, and france. growth, and engines are under pressure. gdp or bothered about inflation? i have never heard of l owflation. it is the new one. lowflation. that is the warning signal. take all of this. give you that. what does it mean? demands the argument, and cause for quantitative alternative form of what you understand budget easing to be is not common in the form of asset backed security. withad that conversation the european central bank and we are in august. beforebe one year older this all comes to bear. the tension and demand and statistical and empirical evidence will go to a point of capitulation. that is my call. it is not anybody else's call. it is a 14

this is why hungary aligns with germany. germany is the only crow in europe by the time they make the jump to enable them to achieve that goal. all of these people carrying with them the memory of what happened in world war i, to one degree or another. >> michael nyberg, what about the politics? we talked about the international scene, we talked about the military tactics, and how the world war ii generation was shaped by the first, but was there an aversion to war that comes out the first that couldn't carry us into avoiding the second? >> it's interesting, the phrase that comes up over and over again, is never again. but what people mean by never again, people can't quite agree on. what that means, never be fooled into going to war, and to others, never trust neighboring countries, so prepare for war. so what katrina and rich have been hinting at, from 1914 to 19178, there's a continued need to fight this war, and ant the end of the war, there's a reckoning. what has happened? what does it mean and what does it do for us,

let's talk about germany. profit is gaining.ve we gotten to a point where the market is saturated. >> we look at the german numbers that they did say relatively well, compared to the completion. and theyis in port and 5% anden down almost telefonica was down almost 4.5%. so, they are outperforming local markets. that is good news. the most important market is where they are putting their money. something that did well is investing in the next generation have aogy, where they long-term game and they want to squeeze more out of their customers by upgrading technology. broadband.-fast typically, a company looks to expand the core market and the things the question of why they would want to sell the u.s. unit. >> they wanted to sell it for a the question is why they have not been able to do so. couple of years and they have been dressing up the unit nicely. ands growing with customers our looks are almost to perfection. the 4g. it is fantastic. but, they are unable to sell it at the price that they want. they want to sell it at a pr

since germany has managed to impose its views on all of the other countries. and to end up martin from the point of view of the economy of employment of society who have suffered a considerable loss in the last few years and will not continue to accept the suffering of the french people to placate madam. you know so you're not a big fan of this charity palaces in your opinion are ruining to europe but where else needs to be done to combat the debt crisis that. surely not to do this in any case because the austerity policies that have been implemented have shown not only their injustice but their futility their own efficiency the laboratory of their stars the policies is greece just look at greece we sense the greeks back to the middle ages. they use unemployment rate is at sixty percent thirty percent for the rest of the workforce a drop in unemployment compensation a drop in salaries a drop in civil servant by mrs they no longer have access to appropriate health care zusak rates have doubled and there's been a fifty percent increase and the infant mortality r

as the year began, germany's economy was in excellent shape. in the first quarter, grossed a mystic product grew impressively by just under 1%. analysts are now speaking of a decline. commerzbank expects figures to show the economy shrank in the second quarter. economists say business and consumer behavior is key. the biggest danger is that people will stop spending out of fear that tougher times may be a head. >> shares at german sportswear giant adidas have dropped almost 5% after the company issued a profit warning in response to worsening economic ties between western countries and russia. >> the company says it will be opening fewer stores in russia than planned, but the numbers were down elsewhere. earnings from north america fell 14% compared to the same time last year. analysts say a drop in demand for bulk supplies is to blame. before we go, does the name chilly gonzales ring a bell? it's not a new spy chief -- spicy ketchup sauce and also not the cousin of speedy gonzales, the cartoon mouse. >> it's the alias of a multifaceted enterta

where does that leave germany? >> the kurds in northern iraq are not looking for a war. they are in a desperate fight for the well armed islamic state militants and have appealed to the international community and germany has yet to act.f.- for decades, it has been policy not to export weapons to conflict zones. but there have always been exceptions. >> the human rights situation is a disaster and there is the threat of genocide. >> it seems contradictory. the country was considered unstable then, too. there are other cases of conflict zones. westerman manufactures provided a number of african governments with weapons, especially assault rifles. it has been used against the kurds. >> where the country was attacked from outside. >> may end up in the wrong hands in the long run. but still. >> not only a very reliable ally but also an important partner for europe including in the fight against terrorism. >> the kurds find germany's hesitance hard to understand. they need rearming fast. worrying about what happens to the guns in the long run is a luxury they don't have. >> g

. -- of notsee germany see germany -- of massey germany -- germany. nazi germany. nazi,later i got to know quite intimately phil marshall, bernard montgomery, the general who had commanded the allied land forces i d-day. and the man who took the surrender of all germany forces in holland, northwest germany, and denmark on may the fourth, 1945, less than 11 months after d-day. i was even taken by monty to spend a weekend with his hero, winston churchill, who had been prime minister. a very extraordinary privilege for a 19-year-old university student, i can tell you. later still i was appointed official biographer of the field marshal in three volumes. i was able to interview many of hundreds of u.s. surviving and british surviving commanders in the command. -- in the normandy campaign. all serving under the supreme commander general dwight the eisenhower -- dwight d. eisenhower. , american reddish, and canadian. -- american, british, and canadian. it was unforgettable to assemble in retrospect the story of the largest amphibious invasion we will probab

germany lost the option to send weapons into essentially what is a war zone. >> germany's defense minister is drumming up support for helping the kurds. she wants to keep open the option of sending weapons to northern iraq to help kurds fight against islamic state militants. some coalition lawmakers still have their doubts. >> we are carefully checking all possibilities and always in close consultation, not only within the government, but also with our partners and allies. >> i am skeptical about sending german weapons because i simply do not think the consequences are under control. >> just a few doors down the corridor were, the foreign minister is also pressing for helping the kurds. the only significant resistance is from opposition parties. quickset think it is downright dangerous to deliver reference right now. people don't need weapons, they are fleeing from weapons. they need humanitarian relief it would >> terminated 30 being delivered to northern iraq, including medical supplies. the government could decide this week to also send military equipment. if it does, it would mark a ma

you don't in germany. germany topped out and is heading down. you look at the united states. we continue to have positive population growth. the u.k., relative to germany, is a flexible economy. a lot of people speak english, and with the economy booming it's attracting more immigration. they are lessons that we don't really have to learn too much about. we speak english, and have a growing population. those are things that are good for the economy in the long run. >> if you want to use the example of where population growth is a real problem, you go to japan, where they don't have population growth. that's a conundrum for them problems. >> if democratic projections come to pass, the japanese economy, in terms of population goes down about 30% over the next few decades. they have long-term changes as it relates to the growth and size of their economy. >> here in the united states we are worried about wage growth. it's been beating inflation by a little bit. in the united states you have - in the u.k. you have a situation where wage growth in some cases has not kept pace with