helmut schmidt has passed away at the age of 90 six.cellor from 1974 until 1982, he guided germany during the cold war and played a major role in laying the groundwork for a united europe. >> helmut schmidt was physically frail, but yet his mind was good. he continued to give speeches, and one of his subjects was the tumultuous past of germany. >> all those horrible events from the first half of the 20th century, we absolutely must not forget them any sooner than our neighbors do. reporter: his wife passed away five years before he did. theirs was the nation's most prominent marriage. it held 68 years, through leaks and valleys. in the end, helmut and their daughter remain. schmidt became known as the hamburg capable interior minister during the catastrophic flood of 1962. having successfully manage the crisis, schmidt was entrusted with greater responsibility and became defense minister and then finance minister. he was seen as a man of action. when there was a resignation because of espionage scandal, there was no one else within the

in a state funeral, the country pay distributed helmut schmidt.he was one of the most popular german leaders around the world. he died earlier this month and 96. -- at age 96 ♪ 6. ♪ >> one of his favorite songs, personally chosen to be played at his funeral. in a moving and personal ceremony, the german government in 1800 yes paid their last respects to the former german chancellor. among the mourners were close political friends, like the former french president, and the former u.s. secretary of state. henry kissinger described his friendship as a pillar of his life, and praised the statesman whose legacy lives and his virtues. >> during the decade he gave the word legacy and used significance. he follow the dictates of not only of his office, but even more so of his conscience. in a certain way, he became the conscience of the world. >> germany's chancellor called her predecessor in authority who proved his mettle on several occasions. >> he was always aware of the risk of failure, even if it meant losing his office as chancellor. his courage an

jenny: helmut schmidt knew how he knew how to plan. political strategy set the tone for modern germany. as its chancellor he took on uncompromising late economic recession and homegrown terrorism. when this german passenger plane was hijacked in 1977 he ordered his special forces to storm it. 2 years later this was the response to his decision to allow american nuclear missiles onto german soil. diplomat, he eased cold war tensions, forged a lasting relationship with france, and pave the way are europe as we know it today. here he is 40 years ago with trying to persuade britain to stay in europe. avoid to putotally myself in the position, who in front of ladies and gentlemen, try to convince them of the advantages of britain. outside his home in hamburg, tributes to one of germany's father figures. helmut schmidt, says angela merkel, was a political institution. someone to whom i could turn. his advice was valuable. germans will best remember him in a cloud of cigarette smoke. described him as a visionary. his response was that people

helmut schmidt was among those who lead the groundwork for the common currency.he died at the age of 96. that is a look at our first word news right now. you can get more on these and other breaking stories 24 hours a day from the new bloomberg.com . courtney, thank you. courtney donohoe at the news desk. let's return to that big story mark was just describing, vodafone. vodafone ceo vittorio colao has improvea simple plan -- the business and add new product, such as tv and high-speed internet. that strategy seems to be paying off. mark: that he, you said it. investors are cheering its stronger than estimated take years. betty, you said it. vittorio colao sat down with our colleagues to discuss the company's progress. job is not to forecast the stock price. my job is to make sure we are doing better and better. for the first time, we start to see real appreciation in the customer kpi's. we see higher loyalty. yes, i think i can be optimistic about vodafone performance, but i would not comment at this time. reporter: it appears that you are given to a european rec

helmut schmidt was 96 years old. >> woodruff: and legendary new orleans musician allen toussaint died in spain today after a heart attack. he was a pianist and performer who wrote and produced a long line of hits for himself and others, including "working in a coal mine" and "lady marmalade". here he is recording "who's gonna help brother get further?" for a 2006 album with elvis costello, as seen in a b.b.c. documentary. >> ♪ we may seem happy... ♪ ♪ ... but it's a real thing. ♪ >> ifill: toussaint joined the rock and roll hall of fame in 1998 and was awarded the national humanities medal in 2013. at his death, he was 77 years old. >> ifill: still to come on the newshour, accused of a cover up, exxon's own research on climate change; the largest strike yet for a $15 minimum wage; the man who's walking across the world, and much more. >> woodruff: first, a new tack in the battle over climate change: going after energy companies for alleged financial fraud. new york state attorney general eric schneiderman recently subpoened oil giant exxon-mobil, apparently seeking documents that migh

. >>> the former chancellor of west germany helmut schmidt tide. he lead germany before unification. and under his leadership the economy experienced rapid expansion. >> an newer terrorist attraction is being steam cleaned away. stands of the gun wall say it will not stay clean for lodge. >> seattle's must-see tourist spot. bruce lee is grave. the market. and the gun wall. >> really distrusting. >> yes, the gun wall. 2,000 square feet of multiflavor art of the grot everybody. two walls now. >> it smalls the best. >> d.n.a. from all over the world, starting as a place for theatre patients to mark their gum. >> it's crazy, looks at the gum on the wham. >> it has a we are all one, art is anything allure, and is easy to participate. just chew it, stick it and you are part of something commercial forever. lots of humanity, a lot of cover. after 20 years, it's time. time for a thorough cleaning down to the bricks. >> steaming. we are going to steam it. it will get to the point where we won't higher professionals. all this, the jar work of generations of

. >> reporter: the former chancellor of west germany helmut schmidt has died in his home aged the 6. he led west germany. it was under his leadership that the german economy experienced rapid expansion. he was an advocate to the free market and he played an active role in international economics later in life. our website aljazeera.com, all the news that we've been covering is there but there's plenty of comment and analysis to. >>> on "america tonight", a special look at the force beneath the wave. >> i felt like i was in a washing machine. i mean, i was tossed and turned. >> reporter: what's the next thing you remember? >> i thought it was an ugly way to die. >> the el nino is larger than the godzilla el-nino in '97 and '98. 20 years ago we talked about el nino being destructive.

home it schmidt was -- helmut 91 years old.an get more on these stories at the new bloomberg.com . scarlet: let's give you a quick recap on the u.s. markets close, and it will be really quick because there's not a lot to say. we did have a little bit of a bounce back from yesterday. six-dayes ended a slide. the dollar extended its rally. it is at a six-month high versus the euro. anx: interest rates are at historical around the world. what is the cost of these low rates? joe: joining us now, charles from london. you wrote a paper about why we may see in the not-too-distant future a downturn. why are interest rates going to rise over time? ok, the key thing as to why rates have fallen where they are -- this is a report co-authored with three other primarily an -- in the world. this is driving the underlying low rates of interest. this is something that predates the financial crisis. an important aspect of this has been the relative size of the people doing the savings, typically the middle-aged, older , who have been saving. ove

university officials are as concerned with racism >>> the former chancellor of the west germany helmut schmidt diet in hamburg. he led west germany before '84 and '92. under his leadership the economy experienced increased economics. he played an active role in economics later in life. >> translation: we can say from the appreciation and respect has grown a fondness for the former chancellor over the decades. his modesty and duty impressed us. he was a political and for me an authority whose advice and judgment meant something to me. >> still to come - dealing with a sticky issue, the u.s. landmark, a million pieces of chewing gum that is getting a clean up. >>> the international olympic committee president speaks out on the doping scandal. details in sport. >>> an unusual tourist attraction in the united states is being steam cleaned away. fans of the gum wall in seattle say it will not stay clean for long. >> reporter: seattle's must see tourist spot, the space needle. the fremont troll. bruce lee's grave and the gum wham. >> really disgusting. it's beautiful. the gum wall. 2,000 feats of li

withif the solution here the eurosceptics and the -- hour are the conrad at an and the helmut schmidts going on a week by week basis ad hoc, am i right? would have people said that mrs. merkel was a giant figure. tom: things change. roger: if you were to be critical of mrs. merkel, you would say whatever her good points -- and there are quite a few -- she does not really show a lot of leadership. she waits to see which way the wind is blowing, and when she thinks she knows which way, she jumps on that bandwagon. on the migration crisis, she seems to have made a bit of a mess of it. tom: we have time for one more question. give me a score on prime minister cameron right now. last week he was giving a speech every six minutes. well ine is doing difficult circumstances. politically for him it is extremely difficult. tom: let's come back. roger bootle is with us from capital economics, and writing from the telegraph as well. he is apologizing because he mixed his metaphors. that is a "bloomberg surveillance" exclusive. we do that each and every day. we are on all that we are honored to bri

helmut is schmidt. he died today at his home in ham burg at 96 years old. cory: i am cory johnson, in for emily chang. coming up, emily sits down for an interview with one of the top executives of xiaomi. apple shares drop after wall street analysts say there is weak demand for the latest iphone. t-mobile betting that free video streaming will drive user growth. will the move hurt more than it helps? hourly bottom betting that -- shopathon will reverse a plunge in market capital. ma will answer the call for national champions in technology. emily chang is in beijing with this report. emily: we are here at the water cube, the olympic venue where michael phelps won 8 gold medals. is kickingre alibaba off single day, the biggest shopping day of the year. it dwarfs cyber monday, black friday. last year, $9 billion were conducted in transactions on alibaba's platform. this is a day they invented to encourage shoppers to go out and buy for themselves. we are seeing more international brands participating this year, including apple, costco, macy's. on majority of