angela merkel sipping a large glass of beer in munich. cold comfort, it says. she was at that really we cannot rely on the us and the uk and we have two snuggle up to france a bit more. she is being a bit anti—american. she has an election coming up and the german voter does not like donald trump. she is obviously telling them what they want to hear. it will be interesting to see if she carries on with this kind of anti—american rhetoric after being re—elected as chancellor, if that is what happens. do you remember when she offered to shake hands with donald trump and he did not do it? no, he didn't. very pointed. where is macron would not let go. there is a whole book to be written about donald trump and his handshakes. i think essentially it's a bit ofa handshakes. i think essentially it's a bit of a cheek. if i may. permission granted. when it comes to security, germany does not pull its weight. when it comes to defence spending, it's less than 1% of gdp and donald trump does have germany in his sights when he was accusing various countries of not fulfilling

brent: all right, michael wilson joining us from munich. we appreciate your time.hank you very much. all right, we will take a short break. when we come back, we have more world news and also the business headlines. ♪ brent: welcome back. our top stories, donald trump has become the latest u.s. president who wants to conclude a peace deal between palestine and israel. after meeting with mahmoud abbas, trump said it would be easier than people think to reach a deal. on this world press freedom day, amnesty international has urged turkey to end what it says is a ruthless crackdown on freedom of expression. one of the detained journalists is the german-turkish correspondent who has been in jail for more than two months. yulia han filed this report. yulia: this person is a member of the chb opposition party in the turkish parliament. i have arranged to speak with her because she is one of the few people allowed to visit the jail. today she is taking me along. the person is in solitary confinement with no contact to the outside world. whenever the wife comes to visit, s

in this glorious video. >> you know the local munich police were getting ufo calls. >> that's exactlyse videos you're getting, it was this guy just flying around in the sky. >> good way to do it though. i mean, look at it. looks so chill. >> it was flying so erratically. >> speaking of people checking it out and calling it in, lots of people on the ground looking up to the sky seeing him turn surls in his l.e.d. glider. his suit also looks like it was lighting up as well. from a distance, it looks like something out of the world. >> where's his landing zone? >> i'd like to think that wolf gang has that sorted. >> it really does look incredibly pretty. >>> it's time to give away another ipad mini. >> to enter you need the buzzword, be at least 21 years old, and a legal resident of the united states or kahn dwa. >> then head over to rightthisminute.com, click on win ipad. >> enter the buzzword on facebook, twitter, or both. you can use each every day. >> all right. let's reveal the buzzword. it is trilogy. >> now get on over to rightthisminute.com, click on the win ipad button and enter

the reinsurer confirmed its full-year target with us on the phone from munich.e, thanks for joining us. you are shy of the streets estimate, let's say in line. what parts are you most pleased with and what parts do you want to watch more closely? guest: good morning. to be honest, i am rather pleased with everything this time. business of the improved their performance and the result is fully in line with our expectation. what are you watching going forward, i know that there have not been any massive costs have those been kept low and your pricing power seems to be fairly strong. series ofhave had a five uninterrupted years of pretty low major losses which is on one hand good for our results. on the other hand, somewhat difficult for the discipline in the market. what we see at the moment as a normalization of [inaudible] technical side has deteriorated but we are happy with it because this is our business and at the same time, we see a bottoming of the reinsurancewards of prices. this makes us confidence that things are slightly improving from now on. manus: a

this is in -- [ laughter ] munich? >> that's in munich, yeah. i should add. >> jimmy: yeah, you took the horse to starbucks. >> yeah, i take him, i ride him into town. >> jimmy: into town, yeah. >> and they said, "how would you like to get on a horse right in the middle of munich?" "i think that's the stupidest idea i ever heard." i was like, "yeah, i'll do it. i mean --" [ laughter ] >> jimmy: come on. >> sounds like fun. >> jimmy: that's exactly how you do it right there. i want to show everyone a clip of you in the show. >> cool. >> jimmy: this is kevin bacon in "i love dick." take a look at this. >> this is yours. this is -- this is yours. yeah, it looks like a brick to me. >> i love a straight line. straight line is perfection. >> oh, okay. well then, i get it. there's no arguing with perfection. i mean, if you've achieved perfection, dick, what else is there to work on? is that why you haven't done anything in seven years? because you've already achieved perfection? sorry, i don't think a straight line equals art. they don't call it the ph

bayern munich sweated blood. let's get the sport withjessica.they bid farewell to club legend philipp lahm at the allianz arena, beating freiburg 4—1. arjen robben got them off toa freiburg 4—1. arjen robben got them off to a fast start, scoring after just four minutes, but they left the rest of the goals until late. it is their fifth consecutive bundesliga title, and who else but captain philipp lahm to lift the trophy after his 517th bayern appearance? there was drama at the bottom of the table as hamburg guaranteed survival with an 88th minute goal to seal a 2-1 with an 88th minute goal to seal a 2—1win over wolfsburg. these are the scenes on the pitch after the game. real madrid are poised to win a first la liga title in five years on sunday, they have a 3—point lead over barcelona heading into the final day of the season. saturday is more of a starter before the main course on sunday. roma putjuventus's title celebrations on hold on saturday. andre villas—boas's shanghai sipg beat local rivals shanghai shenhua 3—1 on saturday to stay in tou

i mean, he was behind munich.ould kidnap and murder israeli athletes, coming to the u.n., it was a surprise to us. >> to many people in that room, he was a terrorist. but to an equal number of people, he was a freedom fighter. >> [ speaking foreign language ]. >> in the 1970s this kind of rhetoric made perfect sense. people could identify with arafat, and they could see israel as the oppressor. >> [ speaking foreign language ]. >> while the palestinians hadn't by 1974 got the palestinian liberation that they were seeking, they'd certainly put themselves on the agenda at a very high level indeed, and this had happened fast. >> in a historic vote today, the united nations general assembly supported the palestinian claim to statehood. and a second resolution also passed that would give the palestine liberation organization a formal place at the u.n. as an observer. >> when the plo were given observer status, it seemed to encourage the idea that violence was going to get your grievance heard in a way which got you res

chance" with city, because a similar scenario at either of his former clubs, barcelona or bayern munich i arrived in barcelona with nothing to defend and in six months with no wind you are really out, or bayern munich. they don't give you a second chance come here they give you a second chance and i am glad to do it. in my situation in a big club, i am out, the ones i worked with before i am not here, but here i have a second chance and will try to do it. that's all sport for now. you can find more on all those stories on the bbc sport website. i will have more in the next are. i will see you then. the labour leader, jeremy corbyn, has launched his party's manifesto this morning with pledges to transform britain, end austerity and invest in public services. it will be funded by taxes on businesses and the higher paid. our chief political correspondent vicki young is at westminster for us. yes, this is an eye—catching ma nifesto yes, this is an eye—catching manifesto from labour. they are offering a clear choice between the two major parties, conservative and labour, lots of policies in

munich is now from the cfo in his first interview of the day.at to have you on the program. would you say that there is upside risk to your forecast you have been telling the market -- confirming to the market today because of that strength in pimco? uh, good morning, anna. thank you very much for the question. yes, 2.9 billion and profit in the first quarter. we are 200 million ahead of our outlook for the year. is always a volatile business, so it is too early to address our outlook. pimco is on a great turn for recovery. we had the last quarter in q4, and now q1 continues, and i think q2 will also continue the success story of pimco. anna: how sustainable do you see that success at pimco? clients flocking to your pimco income fund, it seems. how sustainable are the inflows? what do you see in the crystal ball? dieter: the crystal ball is that pimco is really doing nicely, and is well recovering. we are in a very volatile world. we hope that we can surprise more often in the coming quarters. anna: we will take the surprises as they come, diete

she won olympic gold in rio last year after claiming a second straight bundesliga title with bayern munich footballer of the year 2017, and i would be very happy if you vote for me because the year 2016 was very great. that was melanie behringer. you can see all the nominees if you go to at bbc.com/womensfootball. you decide the winner. but from me and the rest of the sport today team, goodbye. hello there. good morning. we saw some big contrasts across the uk on sunday. the southern half of the uk has seen quite a bit of cloud and some rain. this is the view from one of our weather watchers mid—afternoon on sunday. but at the same time, the northern half of the country was pretty different. dry, bright, a bit breezy as well. this is the view on the shores of the moray firth. and i think we will keep similar contrast through bank holiday monday, because this area of low pressure is parked across the south of the uk. that'll be the focus for some wetter weather. further north, it should be dry, but breezy. the breeze overnight will keep the temperatures up. temperatures probably at the lowe

we had vice—president pence at the munich security co nfe re nce pence at the munich security conferenceetary general calling trump a few times and visiting him at the white house. you had strong support for nato. a push on nato defence spending. wouldn't it have been use to have have heard that directly from the president? well, i'm not sure that they didn't hear that directly. i think people are parting words too much. what i think the president is trying to do though is to keep the focus on european contributions and commit am to nato. the us is under a microscope here in the words he uses. we are actually doing the most of the nato efforts and the european allies are not. he is trying to keep the focus on them. it's no secret that nato leaders have been nervous about mr trump's presidency. when he talks about spending he doesn't pull his punches. but take a look at the reaction of some of the european leaders as he lectures them from the podium. if all nato members had spent just 2% of their gdp on defence last year, we would have had another $119 billion for our collective defence a

she is in munich, signalling that germany and france will have to get closer together, because they cannotca anymore. together, because they cannot rely on britain and america anymorem is farcical. she says, we can no longer rely on the usa, because donald trump was less than polite to them in brussels at the nato meeting. he told them to pay up, because of the nato members, only three or four meet the 2% of gdp target, one is the uk, greece, france and the usa. germany is way behind. she is one to talk. but the idea that the us or the uk will walk away from nato is absurd. when it comes to the uk, theresa may went out of her way when she invoked article 50 to talk about security cooperation. she had said as home secretary being in the eu was important for security. she has done one or two u—turns. joking apart, when she sent her a letter to donald tusk, she made a big issue about security. the uk will not walk away from the security agreement with the eu. i do not think she is a fan of angela merkel! off the back of the g-7 angela merkel! off the back of the g—7 summit, when they were tra

she had an army friend who was there near munich as well stationed, so she and he went out, and they rode all over the back roads of between munich and the swiss border, and they finally mapped out an exit route in case their base got overrun that they could get there people out and to switzerland. years later when jean holm became directer of the women's air force and when she was awarded her second star, she became the first woman in the united states military to claim two stars, major general. the cold war heated up when north korea was invaded by the -- south korea was invaded on 25, june, 1950, and 134,000 north koreans swarmed across the 38th parallel. reserve units in the united states were called up, and they had a tough time finding some of the women because women had gotten married and their names had changed. they had children by now, and they'd moved, and they were just really hard to find. well, they did locate a number of them, and they were called up for the korean conflict. but there were m.a.s.h. hospitals and m.a.s.h. units and military hospitals supporting the war

season for the first time as a manager, he says he would have been sacked at his previous clubs bayern munich barcelona. he's not underestimating west brom tonight as they look to secure a retun to the champions league. hopefully all the fans can come tomorrow to the etihad stadium two first of all support us, support us more than ever, especially in the moment we will be in trouble because against tony pulis teams we will a lwa ys against tony pulis teams we will always be against dummigan trouble against corners, set pieces and long balls and so on. we play for a lot of important things. they have to come to support us more than ever. how to follow it all. commentary of both games on 5 live, they'll flip bewteen the two. — plus updates from tonight's other games — with 5 live final score on the bbc sport website or by pressing your red button from 7pm. could be a dramatic night. we know that newcastle and brighton will be in the premier league next season. the play— off semi—finals are finely balanced. tonight reading and fulham face each otherfor a place in the final. anyone who saw the ga

hans-georg scheibe is on the board of roi, a munich management consulting company. it specializes in helping companies become ready for industry 4.0. sociologist sabine pfeiffer researches the changes taking place in work and society. she thinks that jobs with a high degree of routine will be most in danger. sabine pfeiffer: conventional office jobs will be most affected. and i think that seems to have fallen under the radar of public attention. conventional office jobs will be most effective. clerical jobs, doing things on computers, jobs that don't need many qualifications, that are based on standardized processes. the step to automate those functions completely -- not just with machines but algorithms -- is relatively easy and will cut a lot of costs. >> many industries are affected. china is at the forefront of this development. taiwanese-based manufacturer foxconn, a major supplier of apple, has already acquired thousands of robots to do its work. in this year alone, they've replaced 60,000 workers in their factories. soon, the company plans to deploy a million

manus: let's talk about munich.s is the world's biggest reinsurance company three years after a funk for the ceo. first-quarter growth comes in at 12.9 billion euros. the full year of that lower at 2 billion to 2.4 billion, moderately reassuring. the first order that income misses 554 million after penciling in 552.1 million. no dramatic turnaround in terms of the overall performance there for munich re in the first quarter. they have low rates, low pricing, they just haven't come through. is thebined ratio, which benchmark a lot of people use in the insurance industry, comes in at 97.1%. less investment income, 2.1 5 billion euros. it's getting harder to earn a crust in a world of negative rates and low returns. those are one of the questions we will put to the cfo, who will join matt miller in myself at 7:40 a.m. anna: let's check in on the markets. nejra cehic has the details about what's been happening overnight. nejra: good morning. we're seeing some losses and asian equity markets, japanese stocks down after h

speaking at a campaign rally in munich yesterday, she said reliable relationships forged since the endr ii are "to some extent over." the comments come after trump's nine-day trip, bringing the u.s. to the brink of exiting the paris climate accord. meanwhile, president trump lashed out at what he called the fake news media in a series of twitter messages. to comments came after his nine-day trip from saudi arabia to sicily, in which he did not hold any conferences. in what he said "many of the leaks coming out of the white house are fabricated lies made up i the hashtag #fa kenewsmedia." laptop computers may be banned in the cabins of all international lights into and out of the country. the comments, amid continuing terrorist threats to bring down airplanes. is agency -- his agency has hard devices larger than mobile in talksd has been about extending a prohibition to u.s. bound flights from europe. said.k. home secretary has there are potentially more suspects in the investigation into the terrorist attack in manchester. sticking to the bbc, she said until the operation is complete,

chance" with city, because a similar scenario at either of his former clubs, barcelona or bayern munichclub, with six months to the win, you are out, barcelona or bayern munich, there you have to win. they don't give you a second chance. here they give me a second chance, i will try to do it. in my situation and those clubs, i am sacked, the clubs i was at before, i am am sacked, the clubs i was at before, lam not am sacked, the clubs i was at before, i am not here. am sacked, the clubs i was at before, lam not here. but am sacked, the clubs i was at before, i am not here. but here, am sacked, the clubs i was at before, lam not here. but here, a second chance, i will try to do it better. british number one joanna konta is through to the third round of the italian 0pen, after knocking out yulia putintseva of kazakhstan. the number five seed, konta was rarely challenged, and won the first set with some ease 6—3. if that was straightforward, the second set was all but effortless, as she took that 6—0. next up for her is the winner of the second round match between venus williams and the uk

speaking on monday implicit repeated criticism of president donald trump she delivered at a event in munich on unday and committed to partnership with the u.s. world leader meeting had shown her we can times in which rely on each other are partly over. will remain convinced transatlant transatlantic, we must take our hands.y into our own reporting from the "wall street journal." we're asking your thoughts as we program, jermain nlan caster, california, line for republicans. good morning. caller: hello, good morning, my friend. ahead, sir. caller: what is the question? the your thoughts on future of u.s.-european relations? caller: i believe that the future of u.s.-european is fully over. have wanted something with the socialist party, the communist fascist party and the jewish nothing, but s demagog demagogue. that western europe and western europe is under a lot of pressure. allies from wars, fasci fascism -- and our allies are going to join the -- a lot of pressure. right, let's go to jim scroggins, texas, jim, good morning. good morning. my thoughts are rather kind of scattered, but what

rebel he said secretary mattis here, vice president pends was in munich saying nato is part of the u.s. agenda. a lot want to hear that from president trump. president trump is expected to talk about not only global terrorism but other countries and their commitment to the 2% of gdp spending that amount on their defense budget. >> certainly another day of watching the president and all of the activity out of there. thank you. >>> while the president's trip appears to be going smoothly the white house dealing with a headline on russia and the trump campaign from "the new york times." the report says in part quote senior russian intelligence and political officials were discussing how to exert influence over donald trump through his advisers according to three current and former american officials familiar with the intelligence. the conversations reportedly uncovered by u.s. spies last summer, apparently focused on paul manafort, the former trump campaign manager and michael. the flynn, the president's first national security adviser. both have previously denied allegations of collusion.

secretary of defense jim mattis, vice president pence, general kelly, and others during the conference in munich in february. they were unsure of what the president himself felt. he more or less reaffirmed the doubts and skepticism during the meeting, pointing out that they had to pay up their dues, and that is not something that anyone would disagree with. they have not paid enough over the years. but that was hardly the place to do it, in a public forum such as that, to focus on what they have not done as opposed to what they are doing today and what they will hopefully do tomorrow. i think he upset the europeans, and i think that contributed to angela merkel's statement that they have to go it on their own. the only people who can take joy in that is president putin, and i'm sure he is breaking open the vodka as we speak, because this is something he has longed to do, break the transatlantic connection between the united states and our european friends. katty: you made the point that the europeans carry some of the burden of this and need to pay some of their defense budget into nato coffers.

they are sorry for the inconvenience during the holiday period and say they are using airport to munichhow visible have they been? very thin on the ground. you have to also consider the fact that their stress levels must be at their highest. they have no information and are being asked questions by up to 300 people at any one time. they do not know what to do. the information is very sketchy truly british website. hardly real information to help you as to what your next others. i do not know what is going to happen. imagine the people whose destination was that london, those who were in transit because london was a transit point as they were going towards america, for example. those travelling to cancun. how will british airways jet of those people to cancun when they may not have an american visa? there's passengers which do not, are not allowed to go... this is going to bea not allowed to go... this is going to be a nightmare. those people that do not have this information. not just an apology, it is more than that. it is a next step. the ramifications are many. thank you, andi ramifi

the turn of melanie behringer, who won olympic gold in rio 2016, and helped her german club, bayern munichk bundesliga titles. she was also nominated for the fifa world player of the year award 2016. hi, guys. i'm melanie behringer. i'm nominated for the bbc award 2017 and i would be very happy if you vote for me because 2016 was really great. stay with us on 0utside source. still to come: just how big is the gulf between the uk and europe over brexit? we'll be speaking to the german journalist who's written that jean—claude juncker claims the probability of failure is currently more than 50%. police have revealed more details of the burglary in dorset in which the householder was shot dead. they say the men broke into the property wearing balaclavas — one of them armed with a shotgun. 61—year—old guy hedger was shot by intruders who entered his house in st ives, just after 3am on sunday. a helicopter was used to search the area following the shooting, which police believe was a planned burglary that turned violent. it's been described as one of the most exclusive residential neighbourhood

a loud reception and a giant pretzel, angela merkel received a large warm welcome campaigning in munich the german leader had less warm words for america and britain. translation: we must take oui’ britain. translation: we must take our fate into our hands. of course in friendship with the united states of america and great britain and as good neighbours were ever it is possible, also with other countries, even with russia we know we have to fight for ourfuture even with russia we know we have to fight for our future on our own and thatis fight for our future on our own and that is what i want to do together with you. unusually direct and passionate words from the chancellor, perhaps less of a surprise after the rather cool fewdays in the company of president trump. at the g7, the president would not say whether he would commit to the paris accord and reduce emissions. angela merkel was not impressed. the taye diggs gush and about climate was very difficult if not to say... some political commentators thought she may regret it. trump is still the president, a work in progress. we have t

joining us from munich to discuss the numbers is the siemens' cfo. the profit rises by 18%.ou confirmed to the outlook. is there as we go through the years, you hope that you will be able to upgrade your outlook on those numbers? guest: thank you for having me this morning. and you're right, siemens is strong -- has another quarter with continued profitable growth, 5% revenues increase, it is quite something in a challenging environment. the good thing all divisions affect contribute into the growth, eight out of nine being in or above the target margin range. that has been through momentum. have been -- we benefiting in the second quarter. we expect momentum to carry over into the second half of the year. from a cfo perspective, the best thing is that profits have been converting into cash with 2 billion of industrial business, billionh flow and 1.4 over and above the first half of the fiscal year compared to the higher your and free cash flow. we are very confident that we are successfully executing on our vision for 2020. manus: every, a hear a sea of eight talk about fre

that was angela merkel speaking at a rally in munich on sunday. morning, on the bbc‘s today programme, britain's home secretary, amber rudd, leapt to the uk's defence, saying germany can depend on britain. i think as we continue with or begin the negotiations about leaving deq, we will be able to reassure germany and other european countries that we are going to be a strong partner in defence and security and, we hope, in trade. we want to have a deep and special partnerships we can continue to maintain european wide security to maintain european wide security to keep us all safe from the terrorists abroad and that being nurtured our country. the bbc‘sjenny hill is in berlin — she says no matter what angela merkel says or thinks, germany needs britain and the united states. on the face of it, angela merkel has had enough with brexit britain and with donald trump and his refusal to cooperate with the rest of the g—7 on climate change and migration. this is angela merkel‘s strongest language to date. particularly when it comes to donald trump. angel

a loud reception and a giant pretzel, angela merkel received a large warm welcome campaigning in municht the german leader had less warm words for america and britain — german and europe can no longer rely on you. translation: we europeans must really take our fate into our own hands. of course, in friendship with the united states of america, in friendship with great britain, and as good neighbours whereever in friendship with great britain, and as good neighbours wherever that is possible, also with other countries, even with russia, but we have to know that we must fight for our own future on our own, for our destiny as europeans, and that is what i want to do together with you. unusually direct and passionate words for the chancellor, perhaps less of a surprise after the rather cool few days in the company of president trump. at his first meeting of g7, the american president refused to confirm whether he would commit to the paris accord, an agreement to reduce greehouse gases to help combat climate change. an agreement to reduce greenhouse gases to help combat climate change. angel

speaking at an election rally in munich in southern germany, she said the events of the past few dayswn that the europeans could not necessarily rely on other nations. translation: we europeans must really take our fate into our own hands. of course, in friendship with the united states of america, in friendship with great britain and as good neighbours, wherever that is possible also with other countries, even with russia. but we have to know that we must fight for our own future on our own, for our destiny as europeans. and that's what i want to do, together with you. her comments follow the g7‘s failure to commit to the 2015 paris climate deal. earlier the german leader described the talks as "six against one", calling the summit in sicily very difficult and very unsatisfactory. instead she described the relationship between berlin and new french president emmanuel macron as a priority. we can talk to damian mcguinness in berlin. he seemed dramatic remarks for angela merkel? they were pretty forthright comments. there are a couple of things going on here. on the one hand, the europ

an eventto voters at near munich, she said relationships forged since world war ii are "to some extentver." she said europe must now plot its own course and not rely on america and britain. president trump has lashed out at fake news after wrapping up his first foreign trip without holding a single press conference. it finished with the g7, and the president was the only one who declined to take a single question. arriving back at the white house, the president tweeted that many of the leaks are fabricated lies made up by the fake news media. minister says he is confident economic growth will meet its goal of 6.7% this year without adding to inflation. in an exclusive interview with bloomberg, the prime minister said the country is taking steps to boost the economy and to keep its status as one of the world's fastest-growing. he will meet president trump at the white house later this week. we have a detailed strategy to achieve growth of 6.7%. i will give you a hint of some very good news, data in april and may shows a strong pickup in and agricultural production. that will lay the gro

telegraph claimsjeremy corbyn attended a ceremony in honour of a terrorist involved in the 1972 attack in munichas that they key power designed to control britishjihadists has been used only once. the daily mirror have a full—page photo of some of the 40,000 people that took part in the 40,000 people that took part in the great manchester run. it calls ita the great manchester run. it calls it a defined act of solidarity. terror warning as the top story for the express, reports on fears that libya has become a breeding ground for is plots against britain. the south korean military say north korea has fired an unidentified missile from a base on the eastern coast of the peninsular. the south's new president has called an emergency meeting of the national security council in response, while japan says the missile appears to have landed in its economic zone. no damage to ships has been reported. the number of people known to have died in severe flooding in sri lanka has risen, to just over 150. it's now thought that nearly 500,000 people have been forced out of their homes, in the worst flooding fo

because they have had from spokesmen they're spokesmen, vice president pence during the conference in munichat the president himself felt. he more or less reaffirmed their doubts and scepticism during that meeting, pointing out that they had to pay up there do is and that's not something anyone would disagree with, but that was not the place to do it, in a public forum, to focus on what they have not done as opposed to what they are doing today and what will hopefully do tomorrow so i think he upset the europeans and i think that contributed to angela merkel's statement that they had to go out on their own. the only people who could ta ke their own. the only people who could take any kind ofjoy in that is president putin and i'm sure he's breaking open the vodka as we speak because this is something he has longed to do, break the transatlantic connection between the united states and our european friends. you make the point that the europeans carry some of the burden of this and should have paid more of the defence budgets into nato's coppers. is it alarmist at this stage in president trump'

vonnie: absolute competing forces today between the nato summit, the opec to munich a treasurycome outnd secretary steve mnuchin still testifying in front of the senate finance committee. he's now touching upon tax cuts, telling the committee he will personally garrett -- you won't personally aaron t rich won't get a tax cut. ofs talking about the goal 2% gdp growth. he says that going to help. he says we are looking at many ways to broaden the tax base. ceremony onh the the bloomberg at tv . ♪ mark: just getting breaking news out of vienna. the iranian minister says opec and non-opec have agreed to a nine-month extension. we have heard from various officials -- it's not official official yet. as soon as it is actually official, we will bring it to you on bloomberg television. the market has moved ahead of the expected news. economylk about the showing signs of strain ahead of the snap election in june. sending sterling lower. the brexit slowdown has finally arrived. is it fair to say that now? slowdownis is a induced by the exchange rate, squeezing real income growth, leaving less

. >> george moroder working out of munich put together technology and soulful vocal lists.by ♪ oh love to love you baby >> i always wondered for the life of me was he just in the booth, more passion more -- >> actually i shooed everybody out of the studio, switched the lights off, made sure the tape is running, and i said, okay, let's do it. and i think she did it in 10 minutes. ♪ oh >> the donna summer records were some of the biggest records of all time. and they kicked off a revolution. ♪ i want to do it with you >> unless you have been living in a sealed cave, you probably noticed america's latest craze is disco dancing. that's dancin' without the "g." >> fluffy, where have you been? ♪ i want to put on my boogie shoes and dance with you ♪ >> what they generate with the records, we are talking about an estimated 4 billion, with a "b," $4 billion a year. >> i remember really being upset about this word disco. it was r&b music to me. i felt like they stripped it and gave it a new name and weren't giving credit where i think the credit was supposed to go. >> to bring that s

munich, israel, other key areas for innovation and development of creative ideas are all relevant to this point. but you can collaborate with those partners. you'll voint venture with those partners, -- joint venture with those partners. and even a c.e.o. said our fre nemies. they are moving business forward. and i think these sweeps of these o.e.m.'s it's a question of participating, playing and pros perg or being left behind. alex: so they're doing deals because if they don't do them somebody else will and in a world of self-automation and automation cars and other ways where you're wirelessly connected, they feel they're either going to do it and make a bet or lose. bill: that's right, alex. think about it, the consequence of not participating in transportation and mobility given the scale and the significance isn't just a bad monday at the office, it's missing out on a major opportunity to prosper and even continue. i would submit as a going concern. ex: bill kurtin at hogan lovells. vonnie, back to you. vonnie: alex, thank you for that. this is bloomberg. vonnie: this is "bloomb

production has been suspended since friday, and its facility in munich has been affected.eported that the problem stems from an unidentified italian supplier, which has been unable to make the deliveries required by bmw. bought arren buffett 3% stake in a german company, whose state sword. up by 7% as berkshire hathaway top one of the company's six shareholders. it is transforming itself into one of the leading makers of lubricants and flame retardants. a chinese pharmacy is interested in buying the body shop, which has been put up by l'oreal. the brazilian cosmetics firm and private equity bidders are said to be among those invited for a second round. l'oreal bought the body shop from an entrepreneur in 2006. betty: the australian council is calling on companies to do more to diversify gender on board. they will vote against the reelection of the incumbent director starting with the chairman of asx 200 companies which have no women on their boards. joining us from melbourne is louise davison, australian council. thank you so much for joining us here. on thisou had been ca

we are on the custom of a technological revolution, one that will forever alter we work, learn, to munich eight -- communicate. flying cars, solar energy, robots that will make us breakfast. but that revolution is coming anymore. that revolution is here. 25 years ago, our country imported half of its oil that we needed to meet our energy needs. today, foreign oil accounts for just about 1/4 of our energy uses. 25 years from now, we may not be using fossil fuels at all. 25 years ago, aids was the number one killer of men five to to 44.en aged 25 a generation ago, the only place you could see something like this was in a sci-fi movie. 25 years from now, the only place you will find one will be in a museum. we are living in this exciting future that we have all heard about at so many ted talks over the years, and yet for a lot of americans, this doesn't feel like an exciting moment. it doesn't feel like a moment of incredible progress. it feels like a time of great anxiety and uncertainty. over the next 20 years, automation and artificial intelligence are going to wipe out the leaves of jobs

he ended up on a dangerous and grueling trip to stalag 7 a to munich. >> the germans gave us stuff they had soup. we had some black bread and this, what we could gather from red cross parcels. and i weighed less than 100 pounds when i was liberated from prison camp. >> what did you come to hate that you had to eat in prison that you can't eat anymore? >> we don't have cabbage served at our house anymore, or turnips and food of that sort. >> here's grape nuts. is that what you would like now? >> yes. >> ruth amet ruth when he was i his 70s. her husband had also been in the war so she was already familiar with the effect prison camps can have. she understood his need never to be hungry or cold or in crowded rooms or awakened suddenly from a nap. she also understood, there were times he didn't want to talk. she understood that better, perhaps, than his son does when they were growing up. >> he did not communicate with us very much. and i think that's something that research has shown that expows have a lot of trouble communicating one-on-one and doing very

. >> and we're passing. [ buzzer sounds ] and we have now "courtyard of the old residency in munich."0 and now $75. we're looking for $75 on this. last call, we're at $100. sold at $100 and glad to have it pass me. >> out of the 300 works put up for auction, about a third of them sell. the grand total, 43k. hugh expresses surprise if not disappointment. >> it was some things that didn't sell that really i thought would sell very easily. but i think it was a good sale, and it also honors my brother, and that's very important to me. >> the unsold items include works by james dean, fred astaire, phyllis diller, and kurt vonnegut, which, come to think of it, is a pretty good start to a invite list for yet another cosmic-art happening baird and hoop are surely planning wherever they are. >> it will be a long time before we see anything like them. they were both really unusual people. together they were fantastic. >> so much that's hip in one generation is totally uncool to the next. old uncle hoop once drove his niece, hugh's daughter, to school in one of his hoop mobiles. the teen was mor

he ended up on a determiningous and gruelling trip to 7 a near munich.ridden and brutal. >> they gave us stuff they called soup and we had black bread and we had this what we could gather from red cross parcels. i weighed less than 100 pounds when i was liberated from prison camp. >> what did you come to hate that huh to eat in prison that you can't eat anymore? >> we don't have cabbage served at our house or turnips. foods of that sort. >> here's grape nuts. is that what you like now? >> yes, i'd like that. >> ruth kilmer met lloyd when he was in his 70s, but her late husband was also a prisoner of war. ruth was familiar with the effects prison camp could have many years later. >> you have to buy two. >> ruth understand lloyd's need never to be hungry or cold or in crowded rooms or awakened suddenly from a nap. she understood there were times he didn't want to talk. she understood that better than perhaps than hiss did when they were growing up. >> he did not communicate very much with us. that's something that the research has shown is that ex-pows hav

bataclan, nice, munich, over and over again. brussels, we have a driver who just takes -- you know you can make a car or a truck or a knife into a weapon of mas destruction. it is -- i wouldn't say easy otherwise a lot more of this would happen but the intelligence, the police have thousands of locations they're having to keep track of. you hear it every time why didn't you stop it? why couldn't you stop it if they were on your radar? frankly in many countries there, are cutbacks in public service money to police and other areas like this and that has to be reversed in this climate. but there are thousands and thousands of people on the radars. >> and we need say we don't know if this person was on the radar. we don't know if this person is is pointing back to events in the middle east. that is what the investigation will show. >>> noes of the modern terrorism in europe has been home grown. >> yes, it has. >> march 22nd a 52-year-old brit who drove a car into pedestrians. and again the severe threat level was in the uk. it's jus

speaking at a campaign rally in munich, after the g-7 summit merkel suggests that reliable relationsorged since the end of world war ii are coming to an end. the time in which we can fully account on others is almost over as we have experienced in the past few days. that's why i can only say we europeans must rely to take our destiny into our own hands. in french it with the united states. in friendship with great britain. also with russia and other countries. our very own matt miller joins us from berlin. well done, great reporting. some pretty strong words from chancellor angela merkel after what some would say is a challenging g-7. it must have been some very vexed and anxious moments behind closed doors. i think the animosity started even before the g-7 leaders rather in sicily. angela merkel met up with president obama on the day before he was to meet donald trump on his first foreign visit. president obama had some harsh words for the trump policy. also on the day before the g-7, donald trump said, in a closed meeting, that germany has been very bad on exports and complained th