germany's ministry wants to stop that from happening again. it intends to confiscate id cards from islamists in germany and give them substitute documents that cannot be used to enter turkey. >> is says on page one, not valid for leaving germany. in the middle it has the same message in other languages. >> violence has reached germany. authorities say they have evidence supporters of the band are traveling to the conflict zone to help threatened kurds. they are keeping a close watch on this development. >> of course it is not possible to prevent all of these supporters from departing and reentering germany. that is a problem. but we are doing everything we can. >> the biggest warning for authorities is fighters may come back to germany to commit acts of terror. germany has so far been spared from large scale attacks. >> the u.s. is leading the international coalition against the islamic state and from the beginning washington said it wanted to avoid getting drawn back into the region's conflicts. >> the pitfalls and challenges of president bar

germany.liminates driver profits which allows them to grab a ride without a license under local law. executives of the company spoke , it secondarytors listing, no final decisions have been made. it is not clear if the new idea is still being actively considered. kneeling -- nearing a deal with the is will. -- azul. they are planning to buying many of the new narrow bodied jets. that aircraft is pretty well sold. up, the hong kong government puts plans on hold to speak with pro-democracy demonstrators. we will be live in the city with the details. ♪ >> good morning, welcome back you are watching "the pulse." been a busy week and a busy friday. we are low and down by 0.85%. the dax over by 1% this morning. what gets me is not the direction of travel but the volatility. we are up percent one day and down 2% next. volatility is back in a big way. what can anyone do about it. german yields, they are pointing lower. a near you record low. yearis the low on a 10 over and germany. for germany and the

it follows germany's 2-0 defeat in poland. the coach and players tried to spend what happened after the game. >> right now, our game does not have the dynamism and tempo and precision that we need. that is obvious. >> you could see saturday's defeat left is unsure of ourselves. we did not have the ball control usually have, and that let ireland back into the match. >> our job now is to wake up. each of us has to take responsibility and make sure we win every game. >> germany are in fourth place in group d, and have catching up to do. scotland earned a 2-2 draw in poland to top the group on goal difference. >> northern ireland shocked greece 2-0 in athens, and lead group f. cristiano ronaldo scored a stoppage time winner to give portugal a last-gasp victory over denmark. 600 years of german history are on display in london. the british museum is featuring a special exhibition reflecting the changing faces of germany through a series of objects. >> dw paid the museum a visit and sent this report. >> enter the exhibition, and the

he had just come back from germany. was in charge of the sabotage unit and i had four agent supervisors underneath. >> duane tray nor joined the fbi in 1948. he married his high school sweetheart. he earned a law degree and was paid the princely sum of $100 a month. when he heard the fbi was paying $3200 a year, traynor joined the bureau. >> had you had any sabotage cases? >> there were literally hundreds of reported sabotage cases. somebody would get mad at the supervisor and would sabotage something. that kind of thing. but there was nothing serious. >> dash was well aware of the fbi. >> i want you to tell mr. hoover i'm going down to washington. i want to talk to him about sabotage. i said, that's fine. i'll get someone to bring you over here. i called the washington field office and a couple of agents picked him up and brought him over to my office. so they brought him over to my office. the first thing i saw was a with a white streak in his hair and i thought after all that briefing we've had, we've probably got so

last month, we had the bad number for germany. was a little bit of concern that germany couldn't hold out, couldn't whether the rest of the european storm. this number may give an indication or some confidence that germany is doing strong. you put it on the back of the daimler numbers. daimler had a strong beat. maybe the manufacturing sector here in germany is weathering the storm and will emerge won't see a we technical recession when we get gdp numbers in november. it could show negative growth. >> thanks very much for that. i want to bring in some investor perspective with rick lacaille. he helps manage $2.5 trillion of assets. great to have you here. there is so much talk about germany falling into recession. eight is only one month but does that soften some of the concerns you might have had? >> if germany is weak, we have a very big problem in europe. we have a number of different data points. china wasn't as bad as people thought. we have a weak euro that is going to help the eurozone. we have a week oil price. the last qu

for germany, the outlook is bleak.here are a number of factors affecting growth was a >> above all, pension reform and the introduction of a minimum wage are stifling long-term growth. additionally, the government is not investing enough, for example, in infrastructure. all of this is having a negative effect on private investment. >> the economic institutes say the best way to stimulate the economy is to relieve the burden on firms and reduce corporate taxes. >> with analysts suggesting the german economy is on the edge of recession, what did they make of this latest round of weak data? an economist in frankfurt give us his analysis of the latest moves. >> shares were not an option on this thursday, which brought along more economic pessimism. what investors demanded were bob ash government bonds instead. -- what investors demanded were government bonds instead. government bonds have the reputation of being a relatively safe and reliable investment, but something else is driving demand for government bonds, too. the s

germany has been celebrating the day of german unity.n october3rd, 1990, the former east and western german states were officially reunited. >> a ceremony was held in the city of hanover, with on paying tribute to those who made reunification possible. >> merkel grew up in the former east, and she says the history of german and european unity can serve as a lesson for the globe's current conflicts. ♪ >> the official day of german unity celebrations began with a church service in hanover. a lens that christian -- alon gside christians, jewish and islamic religious officials took part. then at the official ceremony, around 1000 guests watched an emotionally charged game show -- trade show that told -- stage show that told the story of german unification. angela merkel said east and west would not have come together without the courage of east germans who protested for democracy before the berlin wall came down. she also said there was no longer a clear economic divide between the former east and west. >> these days there are economically a

germany is one of the leading destinations for all refugees. >> in the first half of this year, germany the biggest number of new asylum claims among industrialized countries. >> but the country was not prepared for the mass influx of refugees to need food, shelter, and basic medical care. >> the cries from local and regional governments for help to berlin are now being heard. >> soon, the soccer field will provide a home for refugees. an inflatable dome will house 100 people here. but the shelter is only temporary and it's just a drop in the bucket in the face of thousands more refugees to are coming. the refugees are coming from crisis zones around the turkish-syrian border. others from africa looking for a better life in europe after crossing into the eu via italy or spain. finding houses for the refugees is a major concern. in some cases, they've been crowded into old schools or military barracks. local authorities in germany say they cannot shoulder the costs on their own. they're calling for more funding from the national government. >> coming up, how some in iraq are taking on is

i think china right now needs germany in many ways more than germany needs china.because the growth model over the last 30 years has broken in china and they are focused more on invasive. -- on innovation. they are really trying to secure more of that innovation from german industry. they are going to be looking at better, safer health care and food innovation and technology, as well as construction equipment and electricity because the government is still pushing infrastructure spending offset wendling growth. -- offset wendling growth -- dwindling growth. as why there are so many ceos on this trip this week. >> you mentioned technology. how easy is it for german technologies to enter into joint ventures? if you start sharing your technology, you start creating competition. i don't like doing joint ventures. we recommended to companies that unless the government forces that you should never do it. the chinese are very good at taking technology, but german companies often transfer technology to their partners but their partners become their competitors. it is a ver

china,idence that for europe its largest trading porter, germany is important. -- partner, germany isortant. what do the chinese want? we know their economy is slowing down and they want more trade, they want more technology. that is something they will be pushing for, not just with volkswagen and the carmakers but across the board. they would like to see more technology shared with them. want mores just trade. we saw those numbers on thursday. of declinet month and german exports in five years. that is what we saw from the last statistics. china is the second biggest export market after the united states. it is supposed to go from strength to strength but they want to make sure that works because they need that trade. premier traveling from germany to russia, what is the relationship between the three countries. normally angle america has a direct line to vladimir putin -- she is the intermedia intermediary between the russian west and the president during but this time she will appeal to her chinese colleague. the intermediary for her between her and the russian president. the chine

the u-20 got safely back to germany. but what you have the following year is that that particular u-boat ran aground off sand banks off the coast of denmark. schwieger and his men had to abandon her. they tried to blow her up. so, the crew were then dispersed to other vessels. some of those men survived the war. walther schwieger, who was transferred to an even more technologically advanced u-boat, the u-88, did not. he disappeared in 1917. it's thought that he ran into a british mine field somewhere in the north sea. but i have -- it's quite an eerie feeling -- i have listened to recorded interviews with, for example, the radio officer of the u-20, a man called otto recovsky. this interview was recorded in the early 1960's, and he describes what he saw and heard. c-span: and any of those folks, any of the german sailors alive today? >> guest: not today. no. i corresponded with the widow of the torpedo officer, a man called heiman weissbach, and she gave me her views and access to pieces of correspondence. but i was unab

so many were not. >> now back to germany.ermans are remembering their peaceful revolution of 25 years ago that led to the fall of the berlin wall. >> on this day in 1989, the soviet leader mikhail gorbachev was in celebrations marking his 40th birthday. >> nodded his while the streams, or anyone else for that matter, could have known -- not in his wildest dreams or anyone else for that matter, could they have known that the country would not exist a year later. >> here is this on his final birthday bash. ♪ >> 25 years ago, bandleader andre face one of the biggest decisions of his life, he battles over whether he and his orchestra should perform at the east german event. >> if i declined, what would i have achieved? i would have achieved nothing. i would simply have refused and not have been there. instead, i was tempted by the chance to say a few words. critical words. >> communist east germany's 40th birthday included a parade posted by -- hosted by a leader with mikael gorbachev at his side. the country was drifting ever cl

here in germany, travelers have been facing more uncertainty. pilots for lufthansa's budget airline german wings started a strike at 12:00 local time. >> 100 flights have been canceled, most of them domestic. it is the seventh strike at lufthansa this year over plans to scrap an early retirement scheme for new employees. it comes a day after a 14-hour strike paralyzed germany's national railroad. germany has launched a new textiles alliance in berlin today. the goal is to help move the international tax tiles of light chain -- textile supply chain to better labor and environmental practices. >> it includes 29 industry associations, but many key players in german fashion are refusing to join. >> those working in asian textile factories can barely survive on their wages, but many risk their lives on a daily basis. last year, more than 1000 workers were killed when a factory in bangladesh collapsed. thses disasters are not uncommon. now some german companies have set out to improve labor standards in developing countries. >> child labor, forced lab

we saw germany cutting its economic outlook, and they may possibly again be in recession. >> germany for so long, and they refused to do it. the private sector needs to invest and they are scared to invest in german -- in germany, in part because the public sector needs to build roads. there is money that needs to be aret in germany that they not spending. bottom know what needs to happen for them to do it. next -- >> maybe a bank failure. the fact is, a germany -- the german economy was already shrinking by 2/10 of 1% by last quarter. we knew the russians sanctions were coming and they would hurt the industrial heartland in germany. none of this is new. >> none of it is new, but obviously the wildcard -- or not so wildcard is what the ecb does. will they announce a sort of fed-style quantitative easing, and is that's going to help? hit the opening bell. stocks are about to start trading. i want to bring in noted bear an economist and bloomberg view columnist harry schilling -- gary shilling, who is looking at a number of economic science going on. weigh in on this. >> i don't concen

in germany, they've decided to target the united states. they decide that the only way to keep the united states out of the war is to bring terror to our shores. they decide that they need to stop the united states from sending arms and material to the allies who are fighting against germany. so they begin to target the united states. it's a time when the united states realizes that this is a nation full of targets. the cia has looked back on this period and they point to -- this homeland and the man who is made in charge of this defense of the homeland, captain tom tony and i'll speak about him, really is the first head of homeland security. he and his little 12-man squad are really the precursers of a homeland security network which now has 240,0p÷ people and an annual budget of $98.8 billion. it's also a time where we learn to live with fear. now, to understand where this story begins, i think we have to go back to two months before the war, before the war has broken out in europe. and we have to go to germany, berlin where walter nick

lacked with germany had was men with an understanding of secret service methods. had civilian volunteers with the right language skills and sent them overseas. damning with faint praise, the report noted that the greater number of agent selected were found fairly competent and some of them developed ability of high order. these agents likely relied on american businessmen. oni also relied on the state department to allow them to take naval officers and appoint them as consular officers and pretend to be civilians overseas. before the war, they put a lot of emphasis on asia but during the war, oni put effort into latin america. there was a great deal of concern that there might be a secret german submarine base in mexico or central america. it would allow german submarines to wreak havoc on ship transports going to europe. or maybe concerned the german radio stations are in mexico or latin america. oni began hiring anthropologists as agents to conduct anthropological reconnaissance. as you might imagine, the navy was not particularly interested in mayan ruins but t

, just as germany cannot demand anything from france. everyone does what is best for their own country, and that benefits everyone. >> both economy ministers will meet again in december, but start differences remain. france wants germany to shell out more public funds him a wall berlin wants to persuade private companies to do lots more to stimulate growth. quick staying in europe, more chaos for travelers here in europe this week. pilots on short-haul routes went on strike and flights will start appearing as canceled on the departure boards on tuesday. the strike action is impacting lufthansa flights to and from all airports in germany. the central issue is the retirement age for pilots. the strikes come on the heels of weeks of strikes by the staff at air france. >> onto monday's market action, european shares started the week on a negative note, picking up where they left off last week. investors found little to cheer about here in the eurozone. our correspondent sent this update from the frankfurt stock exchange. >> analyst are expec

. >> germany and france will be receiving a rebate. britain has been asked to pay its bill by december 1. an angry david cameron said on friday that will not happen. >> burnished by minister david cameron was all smiles as he met his -- the british prime minister david cameron was all smiles as he met his counterpart. he is furious after he was presented with an additional bill. cameron says he will not pay. >> it is an unacceptable way to treat one of the biggest contributors to the european union. we are not suddenly going to get out our check the can write a check for 2 billion euros. it is not happening. >> britain's latest row over shattered a day devoted to finding solutions to the e.u.'s economic problems. the central bank has been trying to stimulate recovery. but some countries say on a cherry policy is not enough. >> you are aware i have always injected myself into this debate and argued we need closer economic coronation -- coordination. >> the european commission has proposed a 300 billion euro investment plan designed to f

we are seeing germany sell off a little bit. i want to get into some of the big movers here in europe. key foldsecting some on the back of a couple of earnings. deutsche bank posted a third-quarter loss. , we wereovisions talking about it with ubs. deutsche bank too having to cover the cost of litigation. did they manipulate foreign exchange? did they manipulate benchmarks in terms of rates? this is in countries that the u.s. has sanctions on. the new chief financial officer could help. therefore trending a little higher. air france off by 1.3%. they have two weeks of strikes. third-quarter profit down by 61%. the bookings for the fourth quarter look weak. it is future of caution for air france. next off by 3%. we are not buying our coats quite yet. they are saying profit isn't going to be quite as good as we thought. third-quarter sales up less than had been expected. they say we could see profit up about 8% to 14% this year. sounds good, not as good as many had been hoping. >> thanks, caroline. breaking news on another company

i'm oliver north, coming to you from the huertgen forest in germany. these densely wooded hills are quiet now, but from september of 1944 until february of 1945, they thundered with artillery, mortar, machine gun, and tank fire. american generals that hoped for a quick push into germany's industrial heartland, but battle hardened troops were determined to hold their ground. for five months, tens of thousands of american and german soldiers battled each other and harsh terrain and bitter cold that claimed combatants on both sides. with shells bursting in these trees above, well prepared and tenacious german defenders turned the american offensive into a nightmare. for every yard gained, this was the deadliest campaign in the european theater. stay with us and meet the men, both american and german, who fought to the death in this dark and frightening forest. >> it's still a haunted place. >> you didn't know where you were within the forest. >> it's dark and rainy and snowy and cold. >> ruins of bunkers, still weapons to be found, mines, hand grenades. >

we want to see pure economic expansion in germany and a demand driven push in germany.ides of the fence work together? or do they not worked together at all, do you think? >> as president druggy pointed out-- mario draghi pointed , the problems are very obvious and he has called for more expansionary fiscal policies and for more structural reforms to make sure that the economies in southern europe, france and italy, become more competitive again. in terms of the fiscal stance, the debate is about whether you should stick to nominal targets. in countries where you do not have much fiscal space, the debate is not about adding stimulus, but about making fiscal policy not more contractionary in a week economic environment. resistance int of germany. and also the rules of the new fiscal tax. it is important to stick to the rules for credibility. worsens,onomic outlook you will see a bit already miss here in germany to provide some true stimulus in terms of tax cuts. there is already quite a bit of push for that to give some income tax relief next year in germany. holding eur

germany is off 1.16%.he zew economic sentiment survey came into negative territory for the first time since november 2012. france is off 1.4%. italy off as much as 1.8%. european markets weakening further in the last half an hour. the session down 0.8% so far today, trading at 1.2652. >> and will the disappointing data we got out of europe today weigh on u.s. markets? that is the big question. right now, the s&p 500 indicating a lower open. this, of course, after the s&p 500 broke its 200 day moving average, the first time in two years. the dow jones industrial reaching a new six-month low in yesterday's trade. the nasdaq, though, trading about 8.5% below its recent highs. that index pointing to a higher open by around 1 is.5. >> how do you make money in markets like these? >>. >> this would be a rebound given the weakness in the u.s. markets. but the long-term is to go below 11.20. we are long government bonds in germany. is 00 basis points is a lot. >> its momentum continues. >> it is not high. >> i thin

we will talk about germany.ms to be this assumption that germany will start to lose -- loosen up the purse strings. i am not convinced about that. airline stocks are big gainers. lower oil prices compensating for the ebola. we will talk chocolate coated rice crackers. >> i look forward to that. lower treasury yields. itsome people are comparing to a massive qe for the global economy. move." is it for "on the if you want to talk markets, you know where i am. guy johnson will tell you the second-biggest holder and not company right now. -- in that company right now. stay with us. "the pulse" is next. ♪ >> a tax write off. abbvie rethinks its bid for shire. crude crushed, oil continues to fall. airline stocks rallying today on the oil news. the prime minister of italy strikes 8 billion euros in deals. we will bring you the feed as it comes in.

but significant declines across all european markets led by germany, following poor data out of germanyll week, which has weighed on global growth concerns. >> it absolutely has, wilfred, following the selloff in asia and europe, futures in the u.s. continue to weaken. the s&p 500 down about 7 points in premarket trade at 1,918, getting close to breaking its moving day average of 1906, something that technical traders will be watching. the dow has closed up or down 100 points in 11 of the past 17 sessions, most volatile period of u.s. stocks in five months. >>> let's get you a rundown of what to watch this trading day. september import prices are out at 8:30 am eastern, forecasted to rise by 4.7%. fed officials are speaking today. philly fed president, kansas city city's esther george and richmond's jeffrey lacquer. how do you make money in these markets? here are what some of our experts have been telling us throughout the morning. >> 120 when? >> within the next, let's say, three months. >> and thereafter, is there a pivot point or -- >> mostly it goes a lot lower. let's just watch an

and in germany a u.n. doctor has died from a virus.6 year old had been in social isolation in a unit ever since sunday when he became infected whilst working in liberia. okay. let's go live to our correspondent in germany in berlin, nike spicer. so we have seen ripples of fear spreading ash the world. it started off in spain, now we have seen this case in germany. >> you are absolutely right martine. the doctor died after hospital officials did everything they could possibly go, they said, today, and this was a specialized unit of the hospital devoted to infectious and tropical diseases, where they have secure rooms which are vacuum sealed. none of the air can get out, where the people are highly trained, where all kinds of diseases have been dealt with in the path. however, they were unable to save this sudanese doctor who has given his life in his quest to save the people of liberia. he is not the only person that germany has received from africa stricken with ebola. a uganda doctor is still getting treatment from frankfort, and anot

germany at 1.83. the u.k. at 2.16. one moving the opposite direction is greece settling below 8% having gone below 9% on wednesday and thursday of last week. let's look at the u.s. dollar just gaining a bit of strength on friday following the decent cop summer sentiment report. today's generally flat across most of the pairings. interestingly, it is bouncing back against the yen. the last couple of weeks have seen the yen take strength following a six-year low against the u.s. dollar at the start of the month. what does that mean for the nikkei? we'll get and update on the asian markets more broadly. sri is standing by in singapore. good morning, sri. >> reporter: good morning, wilfred. absolutely blistering risk on rally in the asian markets saying up 4% after the sentiment. 6% gain at the close, so that makes it the best one-day gain since june 2013. a big question is whether we're going to see these gapes being sustained. tomorrow will be an absolutely critical day for the china quarter gdp, retail sales and fixed a

political refugees from the eastern germany. i got to meet lots of them. she told me about how she arrived with her husband. one of whom i got to meet and how they climbed over the fence into the embassy compound. what they found was a dreadful scene. ahead of the red cross operation, they told me about that. there were five people and hunger. it was quite interesting speaking to him and called himself political refugee number 41. he camped out just down there and would have stayed for three years because he was fighting for freedom and fighting against being told what to think. >> on a day when prague and germany maxygen dramatic day that paved the way for german reunification. we are going for a short break and we will be back in one minute. >> don't go away. >> when music exudes sheer joy, divine sparks fly. top international orchestras, soloists, and upcoming new talent shines. >> welcome back to the show. to the conflict in ukraine, the eu is seeing some encouraging development but once key event program russian rebels to better implement the peace de

i knew it was the end of east germany. >> is it tough being a hero?> i only filmed what the people on the streets were doing. i documented events. there were 70,000 people on the streets. those in the front rows of the demonstrations were the real heroes. after all, shots could have been fired. >> a week later, he returned, this time to join the demonstrators. the fear had gone. the stasi and the ruling communist party had lost their grip. they filmed scene after scene, and just a few weeks later, the wall came down. >> across europe, busy young professionals are increasingly using internet dating sites, particularly in central and eastern europe. many professional young women say they are finding it difficult to find male partners. that's because across the region, women seem to have coped better than men with the painful transition from communism to capitalism, often having lower rates of unemployment, alcoholism, and suicide than their male counterparts, but in poland where the catholic church still plays an important role in community life, lonely

given the year about the spread of ebola, or germany authorities taking any extra precautions? >> authorities are taking precautions. there are travel warnings in place for affected countries, but the risk for outbreak in germany is considered very low, and there are a couple of reasons -- first of all, there are no direct flights to germany from the ebola-affected areas of africa, and the german medical system, the public health system is strong, with very high medical standards. indeed, authorities do not think there is much risk. still, they are on alert. the federal commissioner has been put in place. local authorities are bracing for the possibility of an outbreak. there have been a couple of false alarms. in one case, it turned out to be someone with malaria, and in another case, a hoax, but authorities reacted quickly, ceiling down buildings, so germany is concerned about the possibility of an outbreak, but the risk is considered low. >> thanks for that update. >> it was six months ago that the islamist group the boko haram kidnapped more than 200 schoolgirls. a few girl

germany is off 0.6%. it lowered its gdp forecast yesterday and inflation numbers came out this morning in line flat for the month. france is down 0.6%. italy down roughly 1%. now, let's get to some more individual stocks. a big day for shuffles in europe, a new ceo of balance four. qinetiq off 9%. bg group has posed hell ga lune to take the head position. let's look at bonds. an interesting move in the three-year, low for the first time since may 2013. that negative sentiment compressed yields across the board over the last week or so. the u.s. ten-year at 2.2%. just ten days ago, we had the 2.2%. incredibly low yield. and the uk, 2.11%. it was at the start of october, around 2.4%. within europe, the uk is seen relatively as a safe haven. the u.s. dollar gave up a bit of its recent gains. yesterday and today, the u.s. dollar rebounding yet again. u.s. dollar/yen, 07.23. sri jegarajah is standing by in asia for us. good morning to you, wilfred. it was surprising that we saw that zew a day earlier and we sa

germany didn't start the first world war. austrian is going to invade szczerbi serbia hoping that -- the wars of 1912, 1913 deserves a lot of explan nation, but we don't have time. why are britain and france and germany coming into the war on august 1? because of the alliance system. and i add the arms race, from 1911 on, everybody is arming to the teeth. there's going to be a war. if you read the book sleep walkers, everybody's raving about it, he's wrong, they weren't sleep walking. there's a book in kamans university press, we had to name is five to ten people most responsible for the outbreak of the war and they all knew what was going to happen because they were caught up in the nationalism, the most dangerousism of the 20th and 21st centuries. so the war starts out as a local war, but austria hung garry has to invade -- because she has 15 nationalities. the war declaration against serbia is published in sap different languages. germany could not let austria-hungary be defeated, it was her only ally. and the treaty that

unemployment in germany, 6.7%.loyment change, a decrease in 22,000 versus an estimated increase of 4000. that sets the news for the german economy. what does that mean for the german policy approach? the ftse 100 right now lower by 0.1%. the dax in germany up by over 50 points. point in the big data the next couple of hours. that is it for "on the move." if you want to talk markets, you know where i am. ♪ >> rate hike on the horizon. the fed ends its massive bond buying program. profit unexpectedly rose. 500 million pounds set aside to settle a probe for barclays. bloomberg spent a day on the floor of volkswagen's biggest plant. pulse." to "the

you see out performance on germany. to the euro, to talk about some numbers. $914 billion. that is the amount that s&p 500 companies are poised to spend on buybacks and dividends. in 2014.5% of earnings unreal. it is called financial engineering. if you want to engineer a bull market, that is i you do it. orders dropping by 5.7%. it is not just about the dynamic with russia and the fed being a bid -- big trade partner, it is about the eurozone as well. the drop-off is remarkable. you are looking at around 10%. monday to friday, big gains for the dollar. friday was pretty incredible. gains across the board. the dollar high against every d10 currency. -- g10 currency. i want to bring up bonds for you right here. treasuries. the dollar breaking higher in treasury years will break higher. yields.european the 10 year yield in germany, 0.19% -- 0.91%. maybe you go over to the u.s.. maybe that explains the story. of potential difficult explanations around the treasury market right now. thank you very much indeed. tom keene joi

chants were heard that echoed from germany's darkest times. "jew >> cowardly pig," they say. >> we haven't had this dimension at all before. when you imagine that in german streets you hear people chanting the roaring chanting jews to be gassed, to be legislatured, to be burned. >> reporter: dieter graumann is the chairman of the central council of jews jews in germany. do you see it as well as having spiked because of the passions that were stirred up by the events in gaza? >> well, it's cite as a reason for that, but i don't think it's a reason. it's a pretext. it's an occasion to thereto out. >> reporter: much of the more indincendiary street rhetoric has come from german muslims many recent immigrants. but monika schwartz friesel of berlin's technical university has studied thousands of antisemitic e-mails sent to german jewish institutions and made a disturbing discovery. >> we saw that more than 60% of the writers who clearly invoke anti-semitic stereotypes come from the middle of society, and many of them are highly educated. >> reporte

but germany is particularly important because it is the largest and strongest economy within the eu. there have been dropped in ordering and production as well as trade. there are ongoing concerns that it will begin weighing on germany's economy as well. >> new data expected to come from the growth -- from it that growth is slowing. but that is right. -- >> that is right. germany is worried that they could be entering a time of low growth and high debt, as seen in other european countries. >> the german chancellor angela merkel consult her finance minister amid doubts about the german economy. a slowdown is underway according to the government's own figures. growth has been revised down for this year from 1.9% to 1.3%. and down again next year from 2% to 2 -- from 2% to 1.2%. >> germany's growth is robust compared to other countries. the most important thing is that unemployment continue to fall. >> germany is being hit by sluggishness in the eurozone and globally exports in august fell 5.8%. the figures are fueling criticism of angela merkel's economic policy, and there is no shorta

it has been growing in germany. it was making headlines two years ago as a number of salafists handed out freak laurent -- handed out free korans. it is known that 500 have gone to fight in syria and iraq. that is the kind of thing that has unrated fear here. >> melinda, i am so sorry. we have to leave it there. thank you for that insight. >> german soccer news now. bundesliga leaders are undefeated. >> and while they had more opportunities, but failed to take advantage of them. >> it was a battle of equals. they fought back against byron munich. they fought in the air and on the ground. the two sides played a top notch match, but could not find the mat. an axon tactical plan. as usual, buyer had more ball possession, but they were limited to long-distance shots. here, he crossed his crude -- teammate who did not react fast enough. some of the first half was very difficult for us. they played very well. >> they stepped up the game after the break. the aggressive play created more opportunities but the host's work re

he is the third ebola patient to be flown to germany for treatment. let's get the very latest from berlin. jenny hill is there for us. what details do we have about this particular patient? >> reporter: well, the sudanese doctor was part of a team from the u.n. working in liberia when he contracted ebola. he's the second member of that team now to die from the virus. he was, as you say, flown to a clinic here in germany last week for treatment. staff at the clinic say they tried experimental, so far unlicensed drugs in an attempt to save his life. he was treated in a highly specialized isolation ward, but their attempts were in vain and he died overnight in the clinic. now, he's the third aid worker to be treated here in germany for ebola. one man has now been released from hospital in hamburg, having made a full recovery, but another patient, another aid worker is still being treated in hospital in frankfurt. >> given what's happened in spain and the u.s., is there any concern about this being transmitted to other health workers in germany? >> report

germany has been the strong story within the eurozone area. the fact that germany is heading to a recession is something to worry about. partly that is due to special circumstances of russia with the sanctions there. because germany is the biggest exporter from the e.u. into russia. it's because of a lack of stimulus from the european central bank, the result of roger mercado's economic policy, there's a situation that she's in a bit of a bind and not supporting stimulus. but it is effecting her economy, but will it change her approach. >> you brought up ukraine, you are reading about vo political issues. how big a thought was that. it didn't seem to be jumping off the page. people that you are concerned with, how concerned are they with the geopolitical system. >> the ukraine stuff is affecting germany, russia, middle east, hasn't spilled into a spectacular increase in the oil price, but everyone thinks it wouldn't take a lot to see a significant change, and the risks are severe on the downside. you could see the political factors become more

germany has been silent.we have the meeting later both sideseems like are willing to hear each other space and they do not want to block each other in or back anyone into an untenable position. >> i find that surprising. what do the germans get out of being softer on the french? overere is a great report the weekend, the germans may be preparing a deficit plan for the french. here in germany, berlin, they might be trying to write a .rench budget deficit i am not sure how that will go down in paris. we will see if there is a trade-off and if there is an announcement for new, additional >> i am certain that will not go down well. >> why spoke to the prime minister of france last week, he was pretty firm. the budget is going to go through as it is and he would not take any questions. like a man that meant business. >> this report, we have not verified it ourselves great it are theyquestion -- offering technical assistance? goinge germans, they are to want something in return. they will want a sign from france it

nick schifrin is in germany. so how are the celebrations being marked there?rter: the crowd of people holding candles as people held candles 25 years ago to the day, partly to show they weren't able to do anything more with their hands. this was a peaceful demonstration, of peaceful nature that was decided in part in the nicklas church here. the church provided refuge to many in east germany, and that was part of the impetus behind the movement that took place here a quarter of a century ago. i'm joined by a political scientist. you were working in that building, what were your feelings that day? what happened? >> yeah, that's true, i really was a witness of this event. in the beginning of this day, i really was squared. it was an angst inducing atmosphere, because there were a lot of military cars, police, blood was stored in hospitals, but when the demonstration began and this was a huge mass of people, about 70, 100,000, so the atmosphere changed and there was a movement -- a really movement. and it was for me very interesting how there was so much discipli

in 1914, king albert the first lead the country's fight against germany. the destruction was immense. once enemies, now allies. germany's chancellor said she was grateful for how much has changed. >> after all that has happened, after the pain that germans brought to belgium in two world wars, beginning with the german empire's invasion of belgium in 1914, after all that, you are inviting me -- you're inviting me here today cannot be taken for granted. >> some estimates suggest 250,000 soldiers were killed on both sides at the first battle. it became just one of many. world war i dragged on for four years. 10 million soldiers and 7 million civilians were killed by the r's end in 1918. king philip spoke of hope that europe will now remain at peace. >> even as cannons resound once again elsewhere in the world, we take up the torch handed to us by our predecessors. the torch of justice, and midi, and peace. -- the torch of justice, dignity, and peace. >> the ceremony ended in harmony . >> that's all we have time for. thank you very much for watching. >> see y

for germany to stimulate it's economy. that flies right in the face of recommendations by european bank president patricia sabga has the story. >> reporter: confirmation that it's heading in the wrong direction, clocking in at the lowest level since the depth of the financial crisis. the news comes on the heels of data last week showing germany, the powerhouse of the eurozone is skidding to towards a recession. calling for european policymakers to do more. >> i think what's become clear over the last several days is either they're unwillingness or their inability to do that. >> reporter: the european central bank has tried to spur growth through low interest rates and freeing up capital for banks to lend by buying bonds. but european central bankers can't agree whether to go even further by taking a page from the federal reserve playbook and buying government debt as well. last week the ecb chief signaled he was ready for such a move only to have the president of germany central bank dismiss the idea as dangerous. another

germany or the u.k.they function with a lot fewer civil servants and things do not fall apart. >> it takes until 2017 to get below the 3% budget target. this is a relationship with gdp. 2.8% in 2017.o how realistic? >> it's at the mercy of the gods and at the mercy of growth. which, at the moment, will not be generated domestically. it will be about what the world economy does. the world economy will either drag friends along or not. -- drag france along. the weaker euro will help. >> angela merkel is being pushed to change policy. she's is starting to take a slightly harder line when it comes to the rest of the eurozone. how will the relationship work with these kinds of numbers over the next few years? >> she will have to tread carefully. there will be a french presidential election in 2017. there will be the fight between right and left. she will want to stay away from that. she has this year and maybe into next year to exert influence. the franco german act is still primordial, she will not want to t

two-year yield, a negative yield in germany. you pay germany. here's the two-year yield. here we are coming in. but this is an elegant chart. we go along this average perfectly. it's a contained market. it's trying to get it going to some optimism but just can't get it going. investment officer of blackrock said as long as as the fed is able to anchor the 10-year. >> that will be something interesting to see as we go through this morning. let's begin this conversation on the markets. you witnessed it yesterday and let's also try to get my bow tie straight today, olivia? >> a little wobbley. >> maybe refill the punch bowl. adam and i both have it today. it's friday. show some budget taxpayer discipline. just do something as markets gyrate and yields crater, do something. economists have seen this before in 1932 and the professor of "do something" at dartmouth is aclaimed for his classic wage curve. he does not like austerity and he joins us this morning as well. richard farley with us as well. we will talk. >> he has a practice in do something? >> yes. >> if you go back to

led by germany up three quarters a percent.e by because of the bounce-back of not opening on friday when markets were up in positive territory. that is also there despite the weak print in machinery orders earlier today. that might mean that people are expecting positive or possibly positive earnings pushing the easing up across the board. >>> signs in the u.s. continue to show positive trading with the s&p up 4 points and the dow jones up 39 points with the nasdaq up 7. the focus is on the third quarter earning season this week. >>> how do you make money in markets like this? this is what the experts have been telling us this morning. >> in this environment you should be worried on assets and gold is one of those. a lot of private investments have huge amounts of gold when normally growing equities. the gold equity markets have gone down but we expect it to be at $1,000. >>> our forecast for that oil does recover as a result of either a discipline relative to the quarter. >>> the euro/simildollar trend super strong. the market