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i'm brian thomas a very warm welcome to the show we start here in berlin where chancellor macko has apologized for being out of touch with voters that's because leading members of a coalition government became embroiled in a dispute over how to remove an outspoken intelligence chief she has since apologized to her government got too caught up in disagreements and forgot the concerns of voters. admitting a mistake and then apologizing for it is something you rarely see in german politics but that's what german chancellor uncle americal did when she called last week's decision about how mohsen unconvincing. i was too focused on the workings of the interior ministry and gave too little consideration to what people think rightly when they hear that someone is getting promoted i deeply regret that this could happen. you see in quanta that's been the. interior minister of course hope for delivered the compromise reached this weekend over the future of germany's soon to be former domestic intelligence chief secure presidents the current president of the federal office for the protection of the consti
i'm brian thomas a very warm welcome to the show we start here in berlin where chancellor macko has apologized for being out of touch with voters that's because leading members of a coalition government became embroiled in a dispute over how to remove an outspoken intelligence chief she has since apologized to her government got too caught up in disagreements and forgot the concerns of voters. admitting a mistake and then apologizing for it is something you rarely see in german politics but...
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management they'll be meeting with macko finance minister shots and transport minister sure once again the subject is driving bans for diesel vehicles the coalition wants to prevent this is much as possible but the industry does not want to make any promises for retrofitting. it instead for clean air in the cities fleet renewal remains our priority we've also talked about retrofitting now they'll be discussions at the federal level and the individual car manufacturers will do the same and so an automobile have been like a tone but the green party demands the conversion of all vehicles that don't meet exhaust emissions standards and so my high school they always say that only older diesels are affected but it isn't true there are many of the relatively new euro five diesel vehicles which totally exceed the standard values and many of the newest euro sixty's of vehicles considered the most modern don't meet the standards that's why we demand that the vehicles be retrofitted at the expense of the car industry. the german government has blocked the retrofitting of older diesel engines and
management they'll be meeting with macko finance minister shots and transport minister sure once again the subject is driving bans for diesel vehicles the coalition wants to prevent this is much as possible but the industry does not want to make any promises for retrofitting. it instead for clean air in the cities fleet renewal remains our priority we've also talked about retrofitting now they'll be discussions at the federal level and the individual car manufacturers will do the same and so an...
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the pressure on germany's coalition government grows as chance for macko sachs for head of domestic intelligence is apparent to far right sympathies and that provokes him to a more powerful post. i'm phil gayle welcome to the program monday's deal between turkey and russia to establish a demilitarized zone in syria's in the province appears to have spared the region from an all out government offensive despite this civilians in it live still face hosh conditions and families who've already fled the region to turkey receive daily harrowing messages from the loved ones who stayed here w's yulia han reports from ray handley on the turkish side of the syrian border. two days ago there were airstrikes here again this little one was hurt can you see it thank god it was nothing worse. than. a sees a sister fatima only on what's at the this one is a few days old lives in the village of duma gts in the town of re homeless across the border in turkey he fled it lives six years ago his sister remained behind. her house was destroyed and the last trike. she left with her children to our care and spillage. f
the pressure on germany's coalition government grows as chance for macko sachs for head of domestic intelligence is apparent to far right sympathies and that provokes him to a more powerful post. i'm phil gayle welcome to the program monday's deal between turkey and russia to establish a demilitarized zone in syria's in the province appears to have spared the region from an all out government offensive despite this civilians in it live still face hosh conditions and families who've already fled...
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the following month german chancellor under macko and then finance minister patched work had this message for savers. those are telling savers that their deposits are safe because and an attempt to avoid a run on the banks. what began as a u.s. subprime mortgage crisis soon had an effect on the global economy trade slowed down dramatically the result in the year two thousand and nine the u.s. economy contracted by almost three percent and the german economy shrunk by five percent. that brings back memories certainly from my colleague who was a correspondent at the time tell me what was it like on that there a day well it was certainly shocking that particular morning and even in that context oft times at the time that it was very tense because of course there was problems before lehman's bankruptcy but still nobody saw that coming especially with the government not stepping in and people suddenly packing their belongings and schlepping those boxes out of the tower. that was a shock especially when you work on wall street it almost feels like you're part of a family part of a big community
the following month german chancellor under macko and then finance minister patched work had this message for savers. those are telling savers that their deposits are safe because and an attempt to avoid a run on the banks. what began as a u.s. subprime mortgage crisis soon had an effect on the global economy trade slowed down dramatically the result in the year two thousand and nine the u.s. economy contracted by almost three percent and the german economy shrunk by five percent. that brings...
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the following month german chancellor under macko and then finance minister patched work had this message for savers. telling savers that their deposits are safe. shows and an attempt to avoid a run on the banks because. what began as a us subprime mortgage crisis soon had an effect on the global economy trade slowed down dramatically the result in the year two thousand and nine the us economy contracted by almost three percent and the german economy shrunk by five percent. economists young khan joins us from frankfurt now apart from the toxic securities which everyone knows about in which a lot of people actually put their trust in the whole crisis sounds like it was caused by simply a lack of trust. well that's absolutely true and in such a crisis we always have to expect that financial institutions among each other. to trust why because it is so all park what is in their portfolios what about the trust of economists you're an economist and the head of the o.e.c.d. said today that economists for costs needs you better reflect reality do you take that personally. and i think we are very
the following month german chancellor under macko and then finance minister patched work had this message for savers. telling savers that their deposits are safe. shows and an attempt to avoid a run on the banks because. what began as a us subprime mortgage crisis soon had an effect on the global economy trade slowed down dramatically the result in the year two thousand and nine the us economy contracted by almost three percent and the german economy shrunk by five percent. economists young...
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the following month german chancellor under macko and then finance minister patched work had this message for savers. because we're telling savers that their deposits are safe the show isn't an attempt to avoid a run on the banks. what began as a u.s. subprime mortgage crisis soon had an effect on the global economy trade slowed down dramatically the result in the year two thousand and nine the u.s. economy contract by almost three percent and the german economy shrunk by five percent. and for more on that i'm joined now by my colleague last hired to who was a correspondent on wall street for the u.n. all of this happened so tell me what was it like that particular day the ominous september the fifteenth two thousand and eight how did you experience it well i think i was a shocking day really even though times had already been pretty rough markets were down there were a little shaky we knew about problems for the banks we knew about the real estate problems but it was just a shock to see these lehman bankers coming out of their office with their boxes packed and you know you're part of a
the following month german chancellor under macko and then finance minister patched work had this message for savers. because we're telling savers that their deposits are safe the show isn't an attempt to avoid a run on the banks. what began as a u.s. subprime mortgage crisis soon had an effect on the global economy trade slowed down dramatically the result in the year two thousand and nine the u.s. economy contract by almost three percent and the german economy shrunk by five percent. and for...
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management they'll be meeting with macko finance minister should send transport minister sure once again the subject is driving bans for diesel vehicles the coalition wants to prevent this is much as possible but the industry does not. want to make any promises for rick for a fitting. instead for clean air and the city's fleet renewal remains our priority we've also talked about retrofitting now they'll be discussions at the federal level and the individual car manufacturers will do the same with an automobile have been like a tone but the green party demands the conversion of all vehicles that don't meet exhaust emissions standards and similar high school they always say that only older diesels are affected but it isn't true there are many of the relatively new euro five diesel vehicles which totally exceed the standard values and many of the newest euro sixty's of vehicles considered the most modern don't meet the standards that's why we demand that the vehicles be retrofitted at the expense of the car industry. the german government has blocked the retrofitting of older diesel engines
management they'll be meeting with macko finance minister should send transport minister sure once again the subject is driving bans for diesel vehicles the coalition wants to prevent this is much as possible but the industry does not. want to make any promises for rick for a fitting. instead for clean air and the city's fleet renewal remains our priority we've also talked about retrofitting now they'll be discussions at the federal level and the individual car manufacturers will do the same...
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groups by radical right wing us and we can expect that they will launch of a further attack on under macko on the migration policy on government today it's not going to be very pleasant i think so they have the party of course being the largest opposition party in parliament so what do people here make of the way the uncle of machall has been handling the situation following the incidents in kenya it's an elsewhere over the last couple weeks what people make of it well german society is very deeply divided on this issue and has to say and in fact the most recent polls of voters have shown that the if he has profited from this they have he has become stronger in some polls that is stronger than the opposition then the social democrats who are involved in government i get with uncle america in other words that become the second strongest party in some of the polls and i'm going to knock those conservatives sten to lose votes tend to lose support in the most recent polls it is a divided society they obviously one has to say the majority of germans if you look at all the other parties involved
groups by radical right wing us and we can expect that they will launch of a further attack on under macko on the migration policy on government today it's not going to be very pleasant i think so they have the party of course being the largest opposition party in parliament so what do people here make of the way the uncle of machall has been handling the situation following the incidents in kenya it's an elsewhere over the last couple weeks what people make of it well german society is very...
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the following month german chancellor under macko and then finance minister pash work had this messageor savers. telling savers that their deposits are safe. and attempt to avoid a run on the banks because. what began as a u.s. subprime mortgage crisis soon had an effect on the global economy trade slowed down dramatically the result in the year two thousand and nine the u.s. economy contracted by almost three percent and the german economy shrunk by five percent. economists young peter khan joins us from frankfurt now apart from the toxic securities which everyone knows about in which a lot of people actually put their trust in the whole crisis sounds like it was caused by simply a lack of trust. well that's absolutely true and in such a crisis we always have to expect that financial institutions among each other move the trust why because it is so all park what is in their portfolios what about the trust of economists you're an economist and the head of the o.e.c.d. said today that economists for costs need to better reflect reality do you take that personally. i think we are very ca
the following month german chancellor under macko and then finance minister pash work had this messageor savers. telling savers that their deposits are safe. and attempt to avoid a run on the banks because. what began as a u.s. subprime mortgage crisis soon had an effect on the global economy trade slowed down dramatically the result in the year two thousand and nine the u.s. economy contracted by almost three percent and the german economy shrunk by five percent. economists young peter khan...
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and quit all the banquet some opposition politicians are deliberately refusing to attend an uncle macko isn't there why. well actually it's not that unusual she wasn't here for the chinese premier is the state dinner last time she was attended state banquet was really when the queen was here so that really shows up that isn't that terribly unusual what is unusual that leaders from several parties refused to come some business representatives also counseled and what is also interesting though is that one politician from the green party here who's been singled out. several times by the turkish president himself has really been accused of being unpatriotic and talked down to by the president he makes a point of actually attending tonight he says that he won't he wants him to see his face and potentially talk to him which is actually unlikely within the framework of such a dinner which is more of a kind of official affair and we're also hearing that the president frankly just on my own who's of course germany's former foreign minister is expected to strike a critical tone as well in his spe
and quit all the banquet some opposition politicians are deliberately refusing to attend an uncle macko isn't there why. well actually it's not that unusual she wasn't here for the chinese premier is the state dinner last time she was attended state banquet was really when the queen was here so that really shows up that isn't that terribly unusual what is unusual that leaders from several parties refused to come some business representatives also counseled and what is also interesting though is...