we know angela merkel has spoken.us what she said about the crash and the involvement of the german authorities. >> within the last 15-20 minutes, she made a brief statement expressing her condolences to all involved in the incident and confirmed that her foreign minister and transport minister are en route to the crash site and that she herself will fly there tomorrow to see for herself quite exactly what exactly happened to bring down the airliner as we now know in the dean air of the french alps. the germanwings and lufthansa have both expressed sorrow about what happened, because this air like that, germanwings has never had a fatal incident before. we are await ago news conference we expect to be from its c.e.o., which will be held in the western german city of colon in the next few minutes and clearly at that news conference, he will be looking to allay the concerns of passengers, potential passengers about the safety of his aircraft, about the safety of his airline and clearly also there will be a concern on th

.+ >> moving to some other news -- german chancellor angela merkel has said japan must face up to its wartime past will stop >> she was speaking in tokyo as the country prepares to mark the 70th anniversary of its defeat in the second world war. regional tensions over japan's were time past have risen under the current prime minister who is viewed as a nationalist. >> angela merkel is visiting japan ahead of the summit in germany in june. >> on the first day of her versus two -- her visit to japan, she was amused as she was greeted asimo the robot. japan and germany are close trading partners in science and industry, being two of the largest economies in the world. at a joint conference, merkel and her counterpart said the two countries had a long history together. >> we're facing many challenges together -- for example, the fight against terrorism and islamic state. >>abe praised merkel's efforts in the ukraine crisis and said he could not see russia making a return to the group of eight countries in the near future. merkel also addressed other issues, including the fukushima nuclear

this is the first time in seven years that merkel has visited japan. japanese government sources say abe wants to confirm the two countries will continue to play an active role in contributing to global peace and stability. they say abe use merkel's efforts to force dialogue resolving the conflict in eastern ukraine. scattered fighting between pro-russian separatists and government forces continues in the region despite a cease-fire that has been in place since mid-february. abe wants to promote talks with germany in dealing with russia and extending support for ukraine. he's likely to suggest that pressure on russia is necessary, and that sanctions alone aren't enough. also expected to be on the agenda is china's increased maritime activity in the east and south china sea. abe wants the g-7 nations to address the situation together. >>> and speaking before her meeting with prime minister abe, merkel said that it is important to face up to history in order to improve ties with neighboring countries. merkel said germans will never forget that people in

guy: the meeting with angela merkel and alexis tsipras is merkel looking tsipras in the eye in asking i can do business with? she is under pressure from her party to be hard on him. and i think she will. it is a crunch meeting. it is less about negotiations and more about the tone and sentiment. if she decides this ain't gone to happen, it it is not going to happen. jonathan: the people you talk to, do they feel like it will happen? guy: the since is it is looking more and more difficult to see how a deal can be done and to see how greece can maintain its current political stance with his economic stance for an extended. that would be my sense. the ecb is going to pay a -- play a pivotal role. there could be a vote on whether or not to legislate the greek banks cannot take anymore t-bills. christian noyer is coming all later talking to manus. i would love to get his take on that. jonathan: we have manus cranny. manus, a big day for you and what does mr. noyer have to say about greece? manus: guy is correct. it seems like it is almost tsipras make or break between merkel and tsipras. t

citrus -- tsipras cited merkel from an earlier phone conversation. they tried hard to talk with each other instead of about each other. that had been part of the problems in recent weeks, the heightening of rhetoric. you never heard that from the german chancellor herself. also tsipras was restrained on that. alexis tsipras spoke about the reforms that now needed to be tackled. he also said that it would be up to the greek government to choose the priorities and also push for more social justice. chancellor merkel stressed that the european project was such a large responsibility for all political generations that, over this issue, it should not be risked. ben: they are getting down to the nitty-gritty of this list of reforms that no one has seen yet? reporter: this list -- there was no mention of that list in the press conference but certainly elements of those proposals that are expected to come out of greece are certain to be discussed in the chancellery behind me over that dinner conversation. there is no way around that. again, the procedure of

german chancellor angela merkel is visiting japan for the first time in seven years. minister shinzo abe said his nation and germany share basic values such as liberty, democracy, human rights and rule of law. >> translator: as responsible partners japan and germany have been playing an important role in addressing not only asian and european issues but also various challenges facing the international community today. we confirmed that the two countries will work together to tackle various issues and contribute to the peace and prosperity of the world. >> merkel commented on the strong bond between the two countries. >> translator: japan is an important partner in asia for germany. people from the two nations maintain close exchanges. >> both leaders agreed to cooperate for a resolution to the crisis in ukraine. they say diplomats from both sides will meet regularly. they've also affirmed their work with india and brazil to promote reform of the united nations security counsel sxl say they'll try to seek a broad agreement between japan and the eu by the end of the yea

merkel learned how factory workers install engines and tires. company officials showed her a truck that's powered by electricity, and other vehicles sporting advanced technologies. one of the trucks is designed for female drivers. after the tour merkel said germany and japan have had many things in common but they do share some differences, as well. she said it's important to strengthen ties between the two countries. >>> all right. to the markets now. european stocks opened lower this tuesday amid renewed worries about greece's debt situation and weak economic readings from china. here's how main benchmarks in europe are looking at this hour. all of them are still trending downward. we've got declines for both london and frankfurt of about half a percent, as well paris is losing just about half a percent at this hour. investors are adjusting their positions before wednesday. that's when greece will start technical talks with its creditors to agree on its economic reforms. meanwhile in asia poor readings from china's factory sector weighed on th

infamously thanks to edward snowden that they hacked into angela merkel's phone and we re able to take the metadata from her phone calls. is that your first sales call to call angela merkel and say you have to have one of these tablets? >> she does have one of our products. she has a secure blackberry. cory: it is curious to me that your software has developed -- is developed in germany and that library which has a reputation for security going back a decade had to acquire your company to get the software. what is it about the development of the software in germany that was better than anything blackberry could concoct in canada? >> the reputation for my company is based on encrypting voice. blackberry is famous for encrypting data. library has a huge -- blackberry

merkel says others are important. but the smaller importance about giving any concessions to the greeks. merkel sets the tone, the others will follow. that's why it's so important. >> is she one of the thiption, even though though greece gets some concessions, even those it doesn't have to introduce the reforms it's been told to, pulings out of had a this? >> it's very interesting. if you take a look at what greece was doing last year, it started growing again unexpected in a way. i.t. had record tourism visits many from germany of course but from other places as well. and the economy was beginning orecover and unemployment went down a little bit. most important thing is that the markets decided that greece was once again a viable promotion. greece was able to borrow in the capital markets three and five year bonds yields were below 5%. so it was able to borrow at interest rates perfectly acceptable. >> people having the opportunity to get in, which is what they are doing now long term stability do you see it with gre

guy: there will be an attempt to convince merkel that he is a good bet. it the greeks point their finger at the ecb. it we speak with christian noise a. of 10 china move closer to taking over for rally? good morning to our viewers in europe. a very warm welcome to those just waking up in the united states. this is "the pulse." we are live from bloomberg's european headquarters in london. francine is here and you will see her later. it is a decisive week for greece. the prime minister kicks off with a visit to berlin to meet angela merkel. this is the second meeting in five days between the two leaders. greece is slipping closer to bankruptcy. we've got coverage from greece and germany. let's go to hans nichols in berlin. hans: she is rolling out the red carpet. neither side is elevating expectations. they are both saying this is a get to know you. he thinks it's important to have conversations outside the pressure of negotiations. the great media is reporting that he will bring up privatization and slow down the privatization efforts that have been a prio

merkel's sticking with the government line. this is a historical matter that has been litigated in the case is closed. take those three issues and it's really the question about nazi era reparations that is the disagreement. they are tripping over each other to show they are united and have had productive talks. it's moving in the right direction at least for the germans and the greeks. they are going to head into dinner now and we will see how much more comes out of that. mark: standby for just a moment. i'm going to bring in the chief euro economist for bloomberg intelligence. this is the greek prime minister's first visit to germany's into became the prime minister. is this really about strengthening relations between the two countries? >> i think it's more about solving the immediate liquidity crisis. the unexpected event has been the downturn in tax receipts. they have a problem they did not anticipate at the beginning of the year. the big moment is probably the next payment to the imf. mark: how much pressure does angela

he is going to speak to chancellor merkel.re may be other casualties from the crash presumably wherever the scene of the pregnant -- the wreckage is outside of digne. and again, francois hollande saying there unlikely to be any survivors from the crash. the flight departed barcelona at 9:55 a.m. again with 148 passengers on board. tom: we will continue to cover this story through the morning on bloomberg television and radio. hans nichols, thank you so much from berlin. we moved to the quiet central bank investment, be central bank of the world. ice fischer yesterday at the economic club of new york stanley fishermen it quite clear that we are moving from an altar expansive to an extremely expensive society. robert kaplan is from harvard he maintained his calm when alan ruskin fell off his chair. what did you glean from the smoke signals we heard from stanley? robert: i would not say it wasn't patient. i would say he was just telling us that even when the fed goes policy is not going to be tight at all. policy will be highly a

he is meeting with angela merkel. without those measures, european lenders are unlikely to give greece the cash it needs to stay a float. brendan: the price of oil is falling again. futures fell 1%. west texas intermediate is trading below $46 a gallon. the oil glut will get bigger. in the health care industry tenet healthcare is close to buy united surgical partners. they operate 200 short state surgical facilities. we started with 68 teams and now we are down to sweep the team. a pair of number two seeds lost yesterday. wichita state beat kansas. let's all admit it. michigan state be virginia. next up for the spartans oklahoma. those are your top headlines. tom: i love how cbs doesn't it. it's endless basketball. brendan: what else do you want? tom: arizona was gigantic. brendan: i know nothing about college basketball. i had kansas going all the way. tom: why aren't they paid? brendan: how many blocks you want to rip up so we can talk about that? olivia: president obama says he doesn't think athletes should be paid

important discussions between merkel and sipp russ today. where is the rally in the u.s. dollar was brief and volatile. we had similar moves in the oil price. but still around 6 year lows. 45.4 for wti. 54.4 for present. let's check in on markets in asia. we are standing by in singapore. over to you. >> thank you very much for that. we had a reasonably stronger wall street at the tail end of last week. so that's benefitted the asian markets. earlier on in the trading day. but as you can see sop of the gains are evaporating and most of the markets coming off from the best levels of the day. it was a stark -- shanghai come site were the standouts today. new, fresh 15-year closing high for the nikkei. so strong performance for those two. the story in the shanghai is that the property developers did very well today on expectations that they could see more stimulus heading in their direction. i want to give you just a brief word about singapore and the singapore market. stable at 3,415 we are mourning the loss of singapore's founding father the elder statesmen and the first pr

chancellor merkel has issues within her own party. she wants to be more moderate.he has particular domestic difficulties to deal with. ultimately, they will move towards a compromise deal with greece. it will take time. both sides seem to be fighting to get the best deal. ultimately, it will get done. marcus: looking at your investment themes one of them is, recovery. edmund: if you look at the bloomberg monetary commission index, it is in favor of europe. europe very much on the up. the u.s. is very much on the down. when you look at pmi surveys, it is not just manufacturing but it is also domestic services that are getting a boost. that is interesting. it means that consumers and households are feeling more confident and ready to spend some money. anna: does that mean you invest in companies that get a boost from the european consumer not the european businesses outside of europe? edmund: i think you can look at both. for my purposes, i would look more domestically. anna: let's talk about some other things you are investing in. technology and health care. where a

>> meeting merkel. the minister visits the chancellor ahead of the decisive week. we will go live to berlin. >> paying tribute to the founding father. we take a look at the life of the man who dealt the economy. >> a takeover. we bring you the details of the speculation. mark: local elections check the political polarizing extremist parties. we bring you the results. welcome to countdown. i am mark orton. -- mark barton. we bring you the conversation you will not want to miss. caroline: it is a decisive week for greece and the greek minister begins with a visit to merkel. it is the second meeting in five days between the leaders. they failed to reach a deal last week at the european leader summit. 4 mark: we will go to berlin shortly. the big story is taking place and there is a week of national mourning. five decades guiding the city. tell us a bit about the the reaction to the mood. >> the news of his death is difficult to process for many. he was in critical condition for several days. the government kept the nation updated and was preparing for the eventuality.

merkel wants to hear about that is alexis tsipras saying that the repayments because of world war ii. they would say they want their money back. clearly the german government has said no way that will not happen. that's yet another reason why this meeting behind me is being perceived as some as very important, and yet by others won't help the debt crisis. >> that's dominic kane. >>> the senegalese presidential candidate and son of a former president has been sentenced to six years in prison and told to pay $230 million in fines. the court ruled that he had illegally acquired companies and property and real estate while serving as a minister in his father's government. here is our correspondent in the senegalese capital of dakar. >> one of the most dominant minister under his father's rule. his father was president from 2000 through 2012, and in this decade-long period, he was responsible for so many portfolios and responsible for lucrative deals the major strategic ports, and responsible for the construction of the new airport. these are multi million, if not billion-dollar bills. the

that is one issue bringing angela merkel into the debate. guy: how bad has it got between schaeuble and varoufakis? we have gotten to the point where these guys are never going to seem eye to eye. this is why merkel is getting involved. dr. schmieding: the greek behavior has been pretty bad. you should not install your creditor is a rule they should write down. schaeuble is a seasoned political operator. i do not think personal emotions would take over. he will judge everything on its merit. with the german public and with the public across europe, greek behavior has not helped. all major decisions about greece have to go through the german bundestag. in domestic german politics this does not play well. hence the greeks better behave more positively towards their creditors in order to get the german bundestag and other parliaments in europe to approve more money. guy: how critical is it from a financial point of view for greece? we understand the ecb is limiting t bills and telling greek banks not to buy more. whether or not the banks go alo

nothing yet from chancellor merkel. i would imagine we will hear a statement later on particularly given the impact on germany with this number of german victims. lufthansa dropped by 5% as you would expect. we are waiting more details from lufthansa and germanwings. they are aware of the reports. they don't have concrete information. as soon as they get details, they will update us. at the moment we are watching this. it's an emerging situation, but a great deal of shock here. a significant number of germans are on board the flight. >> to touch on this this is still the early stages here you mentioned, of course germanwings, it's a household name. a very well known airline in germ germany. it is a household name where lufthansa had expansion plans. it continues to cause discontent within the family group, the lufthansa group. >> yeah we have seen a great deal of strikes, countless strikes, really. the last strike went on for four days and ended saturday. pilot striking over all sorts of issues, pay, conditions pensions

. >>> plus german chancellor angela merkel we're looking at her today.se she says she wants closer high-tech corporation with china after she opened a major business fair in the town of hanover. she was speaking at the cbit fair. this year's theme at cebit is cybersecurity, a particularly hot topic in germany, of course given recent allegations of spying by american secret services. we'll be speaking to a cybersecurity expert on world business report in about 15 minutes' time as well. >>> also the u.s. government has his it debt ceiling again. the temporary suspension that was granted last year expired on sunday, but does that mean a default's in sight or that public workers will not be paid? it's looking likely that it will be used as a political weapon as it was back in 2011 when a standoff between parties led to deep cuts. we'll bring you more in world business report so hope to see you then. >> we will see you then alice. as always, thank you very much. >>> now, talks have begun in switzerland between the u.s. secretary of state john kerry, and iran'

so, yes, he's giving them money but ultimately it will be up to merkel.lix: are people nice to each other in brussels? it depends how tired they are how many meetings they have had and what sort of meetings they are in will stop alix: -- meetings they are in. alix: do they like talking? >> they have not spoken to each other as far as we are aware. i think the tone, maybe you can see from some of the comments you saw the belgian prime minister saying i'm angry not to be in this meeting. this is our money to. and from luxembourg you had the prime minister saying we need to stop making this so personal. alix: thank you so much. the rhetoric will continue. great to have you. just a reminder that we will be bringing you the eu news conference with the next hour live from brussels. coming up on "street smart" -- the snb saying the swiss franc is still overvalued and officials are ready to intervene again. are there more swiss surprises in store? ♪ alix: this with national bank is keeping rates at record low. thomas jordan said the currency remains overvalued an

tsipras had warned miss merkel that greece could not meet debt payments without new aid. but germany is digging its feet in and says there will not be more money without reforms on this. >>> in china has received a critical endorsement for a proposed new asian infrastructure investment bank. 27 nations have already signed up but the u.s. has urged caution and raised questions about the government of the new bank. now the head of the imf international monetary fund christine lagarde, has pledged cooperation with the new lender. she's just wrapped a four-day visit to china. we'll have more the rest of the day on twitter. follow me on twitter. you can get me @bbcaaron. more business report coming up in about 17 minutes. i'll see you then. thanks kasia. >> aaron, good to see you. thank you very much. aaron coming back very shortly. >>> now turning to other news, it is a grim statistic. in the years since the first death from the ebola outbreak in west africa it was confirmed that more than 10,000 people have been killed by the disease. well the charity medecins sans frontiere

german chancellor angela merkel will travel to the site to pay her respects.a few dozen were waiting for the plane to arrive here yesterday at noon. it is thought around 50 were treated by grief counselors and specialists at the airport throughout the day. they stayed overnight in local hotels. they will no doubt receive more counseling today. the cause of the crash is still unknown. a german c -- german wings ceo said that he had hoped the cause would be discovered as the first part of the plane had been recovered. genie: that report from dÜsseldorf. one germantown in particular was touched by the crash, the town of haltern which is mourning the loss of 16 exchange students who were killed in the flight along with their teacher. reporter: shock and grief in haltern, as the small germantown comes to terms with the loss of 18 of his residence in tuesday's put -- tragic plane crash. >> the relatives first heard the news in the media. when the plane didn't land and they were unable to make contact with their friends and classmates by phone, that's when they assum

merkel has indicated she wants the greek economy to grow. john siropolous has the story. >> a potential showdown in the chancellor's office. but alexis tsipras was met with the usual pomp and circumstance. the need to reach an agreement on a european level however there was a strong message for his own people. >> the differences between our two countries bring shadows over us. the greek and injury man people who spilled a lot of blood in order to deal with naziism during that period of time. >> for her time, angela merkel repeated the message she has given greece for many, many months. >> we want greece to have a strong country economically, we want them to have strong growth we also want greece to come out of high unemployment and we certainly want to make sure this high youth unemployment can be overcome and structural reforms are necessary a solid budget is necessary and a functioning administration is necessary. i think that's clear dor both for both countries. >> the german economic strength is helping to keep greece afloat. potentially

this is very difficult for chancellor merkel to strike any kind of a chord with.h came out of a meeting here at angela merkel is like, this is terrible. you need to shape up. opening bell, let's get a check at where the futures have settled here the futures ready much a little bit higher here. our top story is next. ♪ betty: welcome back to "in the loop." joining me is john kline. -- all -- joining me is ojojon klein. john william saying in a discussion that it should have been midyear and interest rate increase. it should happen sometime this year, even as you lower the growth forecast. i know you are not following day by day -- jon: but i do pay my credit card bill. betty: you look at the economy. what are you seeing right now? jon: i hope they don't do anything to screw up a steady -- a slow and steady improvement. i want them to do it the right way. i guess people are now concerned that if you wait too long, there will be runaway inflation and you will have to take more radical measures. that makes sense. but if politics can stay out of it and they can focus o

. >> on the final day of her visit to japan, german chancellor angela merkel went back to the floor and had a look at heavy industry in the country. >> it touched on thorny issues including the ukraine conflict and japan's wartime history. >> this came before the summit that will be hosted i germany in june. >> german chancellor angela merkel was shown one complete's take on gender equality. the mitsubishi factory is hoping to appeal to women with a pink hybrid truck. it is built by an all-female team. the tour wrapped up her to do a -- her two-day tour of japan. the chancellor met some of the women working on the project. she intends to talk about the place of women in the workplace at the g7 summit in germany in june. >> the question of where skilled labor can be found is evident in the changes to the number of applicants. it would be good to see a bigger role given to women in the workforce. >> the german chancellor's trip coincided with the 70th anniversary of the u.s. bombing of tokyo. on the night of march 10 1945, incendiary bombs rained down on the japanese capital turning the c

the question is did merkel see the meetings continue in berlin.re looking at markets relatively higher. the euro strengthen against manufacturing data. we're looking at the euro trading at 109 against the u.s. dollar. earnings kick off next week and one of the big themes is expected to be the strengthening dollar and the negative impact that will have on profitability and will have 40% of exposure to international sales. china will be another big story, isn't that right? >> absolutely. we had hsbc/pmi this morning. that fell to an 11 month low missing analyst forecasts. they supported expectations for further stimulus. that allows shares to regain some ground in the close. of course the data hurt the likes of oil prices as you can see we closed just above flat in shanghai. hang seng is down about .4%. joining us now is charlie, the head of macro strategy. we have seen shares rally into the close. of course expectations of easing. when does the equity market inspired by liquidity and easing bubble burst based on the weakness in the fundamental econ

stichesstiptiontsipras is in berlin for talks with merkel. karim wade. has been convicted of corruption in senegal. >> fight against al qaeda in the arabian peninsula despite not having a military presence in the country the white house says it can still handle any security concerns there. kimberly halkett. in washington, d.c. how can it maintain without a military presence there? >> it is obviously going to be a clalg. we should point out -- challenge. we should point out that the white house spokesman says they will continue some of the operations they have been. significantly impaired due to the fact that there was a withdrawal up to 100 special operations forces this happen. they were very critical in helping with intelligence gathering, and u.s. embassy staff being evacuated from yemen. there are challenges security relationship in yemen that has been taking place for years. drone strikes targeting aqap or al qaeda in the arabian peninsula. it has targeted successfully in the u.s. view dozens of aqap members so there is question now in washington th

german chancellor angela merkel said she wanted their economy to grow. >> reporter: a first visit toermany for the greek prime minister. some media outlets called it a show down in the chancellor's office. but alexis tsipras was received with the usual pomp and circumstance. once inside alexis tsipras spoke of the need to reach agreements on a european level. there was a strong message for his own people. >> the difference is between the two countries bring shadows. the repatriations are not just material, it's ethical. it's not just about greece but for the greek and german people that spilt a lot of blood to deal with naziism. >> angela merkel repeated the message she's given grease for many months. >> we want greece to be strong economically. we want them to have growth and come out of this high unemployment and we certainly want to make sure that this very high youth unemployment can be overcome and structure reforms are necessary for this a solid budget is necessary and a functioning administration is necessary. i think that is clear for both countries. >>> behind all this is th

. >> the greek prime minister is due to hold a special meeting on the sidelines with merkel and other top u.n. officials. >> tactical win for alexis tsipras. >> so that we leave behind prices and move toward growth. >> joining greece and other lenders at the international meeting will be to others, france and germany. german chancellor angela merkel was keen to downplay any expert -- explanations. >> many of you will be looking very attentively toward the sideline talks with the greek prime minister. i would like to say, do not ask any solution or expect a breakthrough. that is not the format today. decisions will be reached in the eurogroup and will stay that way, too. >> also, the transatlantic trade deal with the u.n. and u.s. trade security. but once again, all eyes are on greece. >> the summit has been underway for a few hours now. that is where our car -- our correspondent is standing by. the chancellany possibility of a break drawn greek debt. what do you hear? >> not everybody is so pessimistic on it. we do not visual confirmation but everyone is thing that the french presiden

. >> angela merkel in berlin, it's feared that greece is runging out of money. renegotiating the terms of the greek incredible bailout. ease the humanitarian crisis says there will be no more money without reforms. al jazeera's john vob lust siropolous. first that 2.3 billion. the eu saying you got to bring in reforms to get this money. alexis tsipras saying, we will make these reforms these arethe reforms rather than bringing them in before they get the money. >> well, it's the game of chicken continued but now not between finance ministers but at the highest level. greece has been given as you know to the end of april to not only specify the reforms but to begin to carry them out and show thattists moving in the direction that its european are countries dictate. both sides are trying to gain advantage from the shortage of money. the greeks are trying to say we need to raise more. europeans are trying to say you need to pass reforms now and you know what they are. at the moment because this is now gone to the highest level all hopes are on this summit meeting i

angela merkel remained form saying there'll be no new money without reforms. >> reporter: a first official visit to germany for the greek prime minister. some called this a showdown in the chancellor's office. alexis tsipras was received with pomp and circumstance. once inside mr alexis tsipras spoke of the need to reach agreements on a european level. however, there was also a strong message for his own people. >> the differences between the two countries bring shadows over us. repatriations are not just material it's an ethical issue. it's not just about greece but for the greek and german people who spilled a lot of blood to deal with naziism. >> for her part angela merkel roped repeated a message. we want greece to have growth coming out of high unemployment and we want to make sure that this high youth unemployment can be overcome and structural reforms are necessary for this solid budgets is necessary, and a functioning glass is necessary. i think that is clear for both countries. >> beyond all this is the reality that german economic strength is helping to keep greek afloat. costing

. >> the french president hollande chancellor angela merkel. they received updates on recovery efforts and spoke with members of the severino team. >> our shots are with the german victims and those from other countries. this is truly a tragedy. our visit here as underscored the magnitude of it. >> crews are working around the clock. hundreds of police officers and firefighters are also on the scene. the weather has improved, but working conditions remain arduous nonetheless. debris is spread across several hectres. those who visit the site are astounded at how little is left. >> it is surprising that an entire plane disintegrated. it is really in pieces. we can't identify anything. >> it's a feeling of despair thinking of the victims. it is really sad. >> the recovery effort is now focused on finding the aircrafts flight data recorder. it may hold the key to unraveling events prior to the cash. the cockpit voice recorder was recovered on tuesday. it contains conversations between the pilots and noises in the cockpit. the recorder was heavily d

. >> reporter: the greek prime minister alexis tsipras met german chancellor angela merkel in berlinens is running out of money and won't meet debt payments without germany's help and merkel remained firm no new money without sufficient reforms and dominick cane is in berlin. >> reporter: first visit to germany for greek prime minister and some outlets called this protennel show down in the chancellor's office but alexis tsipras was received with the usual pump and circumstance. once inside alexis tsipras spoke of need to reach agreement on european level however there was also a strong message for his own people. >> translator: the difference is between our two countries brings shadows over us and not just material thing, it's an ethical issue, it's not just about greece it's to the greek and german people who spilled a lot of blood in order to deal with naziism during that period of time. >> reporter: angela merkel repeated what she has given greece for many months. >> translator: we want greece to be strong economically and want them to have growth we also want to come out of the

angela merkel held a press conference. anchor: the two leaders highlighted a range of issues that their governments are currently collaborating on. anchor: they talked about the debt crisis in greece. reporter: recent events, the germanwings airbus and crash and the charlie hebdo terrorist attack of brought the two main shins -- nations closer together. >> events of the past day, the weeks of transformed to a kind of brotherly closeness. reporter: merkel and along also addressed international issues. >> it must be a good deal. it's important to ensure iran never gets nuclear weapons. reporter: they also demanded greece continue the fiscal reform process and that the new government produces blueprint as soon as possible. the quicker we can reach an overall agreement. in all, a rare show of friendship. anchor: melinda crane has been covering it for us. the cooperation is typically seen as driving european unity. >> a lot more smoothly than it had been during the initial phase of the president he. you heard those unusually wa

alexis tsipras met merkel today he struck a conciliatory tone. he says the germany of today has nothing to do with the third reich. >> right wing candidate marine le pen placed third yesterday in the first round still many say her stronger than expected showing is a sign of the stronger direction of france. >> discouraging corruption not celebrating people with ill gotten wealth. in an opinion piece the country's paper depicting jonathan as a wealthy man keeping the little man down with a barrel of oil. >> since the 2007 recession the u.s. has struggled to recover from the housing crisis, according to the national association of realtors, 57% were within reach of a family with median household income of $52,000. most of the affordable homes are in the midwest. on the other hand, there is central california where 96% of homes are out of most people's price range. hong kong is also facing an affordable housing shortage. as rob mcbride tells us, it is a source of protest and not going away. >> reporter: it is house hunting hong kong style. a lucky d

. >>> the greek frame minister has met the german chancellor, angela merkel, in his first official visithe warned ago athens is running out of money and won't be able to meet debt repayments without germany's helpful merkel remained firm there will be no new money without sufficient reforms. dot anything kane reports from berlin. >> reporter: a first official visit to germany for the greek prime minister. some media outlets here had called this a potential showdown in the chancellor's office. but he was received with the usual pomp and circumstance. once inside he spoke of a need to reach agreement on a european level. however, there was also a strong message for his own people. >> translator: the differences between our two countries bring shadows over us. the reparations are not just a material thing it's an ethical issue. it's not just about grease, it's for the greek and german people who spilled a lot of blood in order to deal with nas iism nayism during that period. >> reporter: for her part angela merkel repeated the message she has given greece for many, many months. >> translato

merkel say many many passengers were from germany.sengers and also turkish. i want to rejoin karl penhaul. he's at the barcelona airport where this plane took off from. families are starting to arrive. tell us about that karl. >> reporter: hi carol. yes, it's a moment passes more and more family members are arriving at a crisis center that has been set up at taermerminal 2. as we speak another two ladies have gone through the gate heading towards the kroo is siscrisis center. family members of people on board. we know there were gem mans on board, spaniards on board as well. they haven't given us a full list of passengers or the nationalities that were on board. we're expecting some kind of press release from them in literally the next few moments. so far no further confirmation either of why that german wings flight may have left around half an hour late from barcelona's terminal 2 airport. it was due to leave, we're told around 9:30 local time and didn't leave until just after 10:00 local time. the weather has been bad in the barcel

caroline: the german chancellor angela merkel tells tsipras to stay the course. but our words and encouragement enough? life to berlin. -- live to berlin. ryan: welcome to "countdown. we go live with the regulatory burdens. what does it mean for the banks? chinese economy is showing further signs of a slowdown with manufacturing discipline falling to and from 11 month low. that has sent chinese stocks tumbling. shery ahn joins us with the latest from hong kong. shery: the reading came in as a bit of a surprise because economists had expected it to become a above 50, showing a slight expansion in manufacturing activity but instead it came in at 49.2. that is down from february. the index is weighted more heavily toward smaller companies. analysts say if the official pmi data which falls on larger company slides that will reinforce the view that further policy measures will be needed to achieve the 7% growth target for china. that official pmi is due out next week. the report is hitting stocks here in china with foreign investors selling a record amount of shares t

the main one and a minisummit between alex tsipras, angela merkel, and francois hollande.hat summit was requested to the greek prime minister to find some solutions. they said the most important of courses to implement the eurogroup agreement reached one month ago. the most important was to restore trust with partners. >> declared he is willing to submit such a list and willing to do so quickly because the situation is one where trust is needed. it is needed to focus one's mind and find constructive data without being able to go into details. caroline: officially, the german chancellor has been saying she wants greece to remain part of the eurozone. however, behind the scenes, there has been a lot of tension with her german finance minister shall able -- minister saying they were lying to the greek population. some of the other countries like belgium or luxembourg have demonstrated this meeting was not part of the main eu leaders agenda, but that was very important for alexis tsipras, who spoke directly with chancellor merkel. he said he was optimistic about the future. ts

guy: we will be speaking to a key ally of angela merkel. time will tell. will apple's new watch live up to the hype? good morning, everybody. you are watching "the pulse." francine: a big move at the top of a major bank. credit suisse has named a new ceo. guy: hans nichols joins us from berlin. it is an interesting choice. why do you think him? hans: you probably have to go with share price. credit suisse is down 18% on the year. in terms of strategy, they may want an entirely new look, a fresh take on what is happening at credit suisse. brady dougan had a reform process, but it was implemented fairly slowly. he was the last man standing but it was not yielding results. there were questions about how much litigation costs there would be. he did settle the claim about tax evasion. but there are other claims out there. how are you going to settle them? the new ceo has a close relationship with jack lew. having a good relationship with washington may be something the shareholders wanted. they may have just looked at the share price of their respective compani

alexis tsipras made the comment to angela merkel. -- in response to angela merkel.ill meet merkel in berlin later today for more talks. hong kong is hosting the might and money conference, bringing together the leading players and top investors from across the region. china continuing to slow. joining us is fortescue metals representative. how would you describe the mood at this conference compared to previous ones? >> the conference has been a little at the start. all of us recognize it is cyclical business. when prices are down it's an opportunity to make sure we are ready for the upturns. rishaad: iron ore's collapse has worsened. it has been one of the biggest stories. why are some of the players flooding the market? are they cutting their noses to spite their faces? nev: it certainly would seem so. i think the dynamics of all the commodity industries are the same. if we see overinvestment resulting in overproduction that's not in the best interest of anyone in the industry. we have completed all are capital, and we are just spending maintenance capital now. i t

. >>> the district attorney says officer lisa merkel was not justified in using deadly force when shehot and killed a man during a pure suit following a traffic stop. merkel says she fired because the man would not show his hands and she thought he was reaching for a gun in his jacket. >>> in georgia, a house fire rescue caught on tape. a police sergeant with a body cam arrived before firefighters and ran in to help. >> and my grandbaby. >> where is your grandbaby. >> first bedroom. >> dispatch tell fire that we're looking for a baby. >> he went room to room and found the 3-year-old. the officer grabbed the boy and got out of the house safe and sound. near philadelphia, a while wreck, a school bus slammed into a house yesterday. the family inside said it felt like an explosion. the bus was carrying nine students, everyone was okay. police are trying to determine if the driver suffered a medical issue before the crash. >>> in louisiana, elephants to the rescue. the 18-wheeler they were in got stuck in the mud. the driver got really clever. he had two elephants lean against the side of

quite a lively discussion for we had angela merkel.nd she seemed to indicate that some willingness to give -- to really help greece make their payments get over the finish line. this is crucial, if it is unpopular in germany here is what she said. she said what i am doing doesn't rely on the polls which are very quite a bit but will greece be able to fulfill the expectations that we all have? one more note on mr. sievers and he talked about having a third bailout package in june but those talks would start in june and back of the what the news merkel is referring to. francine: thank you. athens to nilkos, what is the latest on the cash situation? nikos: it is tight, they have run out of cash. they are using some government sectors and it is like universities, hospitals to pay pensions and salaries. this is not the first time this is happening but it seems to be more severe than ever it we do not know exactly when the buffers will be depleted of but a matter of weeks and not months. francine: what are the chances of greece turning to ru

host: theis came after talks between angela merkel and other european leaders. host: he is more optimistic and is returning to athens to come up with reforms acceptable to greece's international creditors. reporter: donald tusk is known to work quietly behind the scenes. even if alarm bells are ringing over the financial straits the prime minister with preferred to be transferring funds into the great treasury by now but creditors remained unmoved. first reforms, then bailouts. >> it is always the case that some reforms are not put on writing to be thought about said anglin merkel. it is expected they will be implemented through parliamentary votes in this process before there is a payout. reporter: greece had asked for the special meeting with its creditors. athens wants the eurogroup to ease the austerity conditions imposed on the previous government. >> forget about the previous. athens is hoping for additional help which could release 2 million euros in aid funds this year. these 2 billion euros are not intended to fill the coffers but to boost the economy.

>> well, in the media certainly one of the more press prestigious nptsnewspapers tomorrow angela merkel and francois hollande will be having talks and this will be an issue that will be raised. francois hollande is one of the fishes leaders to speak about this tragedy -- first leaders to speak about this tragedy. there will be an element there up for discussion which will be part of the talks that will take place in the buildings behind me. also we know that on april the 17th there will be a national memorial to be held in the that cancan a r -- the cathedral the chancellor angela merkel will there be as part of the memorial to remember the 149 innocent victims of flight 9525, which we now know mr. lubitz who at some point in his life was suicidal, we now know that he decided to take his life and the 149 other people. >> dominic kane with the latest from berlin, dominic, thank you. still much more to come on the program including fighting for life. terminally ill patients fight for the right to determine their death and solar power to remote villages. >> on al jazeera america ali velshi