. -- olaf schultz, said to be the next chancellor.or the free market and ftp come of and then the red is for olaf schultz's spd, the social democrats. >> mikey message is, we have the traffic light. and on our negotiations, social democrats and free democrats agreed to the social contract and therefore a new governing coalition. we will put the contract to a vote in our parties. we will campaign strongly that all three parties will sign off on this grievant within the next 10 days. ros: while the parties agreed on a list of policies, among them are major climate goals including ending the use of coal by 2030 and germany getting 80% of renewables by the same date. there will be a minimum rage -- minimum wage of 12 euros and a plan to legalize cannabis, something younger voters support . all these voters will have to be voted for by parliament, but the three parties working together will have a solid majority come so that should happen. here is more from damien mcginnis in berlin. damien: this government is described as a modernizing yo

everyone to jump into green environment is unrealistic. german finance minister, olaf schultz is set to become the nation's next chancellor. replacing anglo merkel bounce after his party and 2 others agree to team up in what's been nicknamed the traffic like coalition, referring to the partners colors. it took 2 months for the social democrats, the greens on the free democrats. busy to agree on terms after september's election, the c d u party, which leads they are going government this to say and by the incoming different loc, the agreement that was presented today is relatively blunt. on the many policy it's vague and the policies full show to the things they propagated during the election campaign wouldn't. despite the differences between the 2 main parties, love sholtes stance on foreign policy is seen as close to the bank of america. and judging by a new coalition agreement, relations with moscow are unlikely to see drastic change. russia is an important international plan. we understand the importance of substantial and stable relationships, and we continue to strive for them.

going to see later on tuesday is chancellor angle america and her successor in waiting for job, olaf schultz sharing a meeting of the health ministers of the 16 states that may cope germany. the reason that they're doing not is because they need to have an overarching national plan in their opinion, how to tackle not only the new variant, but the, the cases of coven 19 that have been going through the roofs in this country. if we look at the figures for a little bit on monday we saw a new record when it comes to the 7 day indices that the, the number of cases per 100000 of the population. hit 452.4 for the 1st time during this pandemic. the good news, i guess you can say is that there has been a slight reduction on tuesday morning, and this is the 1st time there has been any reduction at all for the last 3 weeks in not they get. the sad news is essentially that it's a very small reduction. it is now gone from to $452.00. so 0.2 reduction. it's still a reduction anyway. well, what we're going to be seeing though is ministers debating just exactly what form a so called emergency break would ta

car finance minister in the likely next chancellor, olaf schultz called a meeting to discuss new cubs to help overwhelmed hospitals. several of the worst it states already brought any restrictions on unvaccinated people. the outbreaks being blamed on germany's relatively low vaccination rate. or the dutch prime minister's health and emergency meeting and my to bring back lockdown measures. there is a country deals with its own spike in infections as well, or than 16300 people tested positive in the last 24 hours a record. since the pandemic began. public health experts are recommending measures including shutting down theaters and cinemas. it could be western europe 1st, partial locked down since the summer, and announcement on the new policies is expected on friday. and multilateral military exercises are underway in the red sea featuring naval forces from israel, united arab emirates, bahrain and the united states. the military drills are the 1st of their kind since the 2 gulf nations normalize relations with israel last year. the exercises are set to continue for the next 5 days fr

on sean phillip finance minister, olaf schultz will replace anglin merkel and says he'll introduce mandatory vaccination for more on those stories, you can visit our website all t dot com with the band. with the latest headlines once again in an hours time say with good patty, this is the kaiser report i max kaiser. did you know that this is the 400 year anniversary of the very 1st thanksgiving? think about the 400 years of thanksgiving in north america. really incredible milestone stacy right. well the very 1st thanksgiving was in 1621 and plymouth, massachusetts monitored a plymouth massachusetts, and it wasn't called thanksgiving. then it wasn't called thanksgiving until under abraham lincoln. and the 18 sixty's, you know, we're going to look at some of the things we're thankful for this year. and i'm going to focus on the h word. i'm going to focus on hyperinflation. hyper hardship and hyper bitcoin ization, they all go together. so let's 1st i guess talk about the hyperinflation, because that was the big h word of 2021. it started, i guess with michael berry, he, before he made a whole

german political parties have agreed to form a coalition government falling 2 months of talks. olaf schultz is now said to take over as chancellor early next month. it will be the 1st 3 way coalition government, in nearly 70 years old dominic cane has more from berlin. for many weeks, these 3 parties have been behind closed doors talking to each other, trying to work out a platform of policies they can present to parliament to have them elected as a new coalition government trying to sort out their differences and co here around a set of policies that they believe the country can unite around the man who has been leading these negotiations and who is in all likelihood, going to be the next chancellor within 10 days or so, all of shots from a social democrat. this is how he told the gathered reporters, what his priorities are going to be on the globe. and in fact, we are united by a belief in progress and the politics can achieve something good. we are united by the will to make the country better to move it forward and to keep it together. we are not about lowest common denominator politics

it's where the finance minister, olaf schultz is now set to become the next chancellor offers pa, he finalized a 3 way coalition deal following 2 months of negotiations. of course he'll be replacing anglo michael, who's been at the helm for 16 year. so that's i learn more about this right now. crossing live to europe, correspondent peter all over in berlin. peter, good to see you. can you bring us to latest on this? i. yes, a deal has been stroke it would seem between the social democrats, the green party, and the free democrats that would see all our sholtes, replaced anglo merkel as the next chancellor of germany or shoulds, the social democratic candidate for the job in the last election. and the government that angle american headed before this vote was the finance minister also the vice chancellor in not group there. the talks have gone on for quite a while that been, it was a weeks since the volunteer in germany if they've been in these negotiations since around october time, it will be $73.00 days if it is announced later on as we're expecting that this deal has been struck, t

its search, chancellor angler, merkel and heard successor in waiting for that job. olaf schultz chairing a meeting of the health ministers of the 16 states that make up germany, the reason that they're doing that is because they need to have an overarching national plan, in their opinion. how to tackle not only the new variant, but the, the cases of coven 19 that have been going through the roof in this country. if we look at the figures for a little bit on monday we saw a new record when it comes to the 7 day indices that see the number of cases per 100000 of the population. a hit 452.4 for the 1st time during this pandemic. now, health ministers heading into this meeting, i've been saying that they're incredibly concerned about the oma cron variant of others. i. li i nicked us as we all agreed that the media issue is to observe the situation very closely, especially one on the chrome is here. um, i can only say for the moment that the situation and the intensive care units is dramatic as this wave in terms of incidence is rising. well, it's already been a number of new measures put in

as they met for their last cabinet meeting for the chancellor, receiving a dogwood bush from olaf schultz. now dogwood symbolizes durability. and the ability to overcome many obstacles on could say that was a well testament to the, the legacy that angle of merkel leaves from her time in the chancellor's job. there's a very different present though, that ad vladimir putin, the russian president, gave anglo merkel on their last meeting president putin opting for a probably more traditional nice big bunch of flowers. are you not though, as they now are going, chancellor anglo merkel did receive flowers at the latest session from the whole cabinet at the government. the king very happy then photo and a c d. u party. he now find themselves in opposition. have wasted no time in criticizing the coalition. this is what general secretary palsy any i had to say. different like the, the agreement that was presented today is relatively blunt. and in many parts it's vague and the parties fall short of the things they propagated during the election campaign. wouldn't we talk to you believe emma, a germ

the german finance minister, olaf schultz looked set to become the country's next counsellor. a 3 way coalition deal has been reached after a full 2 months of negotiations. sholtes will be replacing angler merkel, who has been at the helm for 16 years. this cross live now to our europe correspond peter oliver in berlin and peter a deals in place. then take us through the days. big developments. yes, the social democrats, the greens on the free democrats coming to an agreement to form the next governments of germany. the draft agreement document is quite a whopper. 177 pages. it goes over $51776.00 words that it's slightly more than f scott fitzgerald novel, the great gatsby. and there is some twists and turns. certainly there were twists and turns and quite a bit of drama when it came to putting it all together. we've heard some speeches from leadership of the 3 parties as they addressed a press conference in berlin. and most of them seeming quite keen to emphasize that there are still points whereby they really disagree with their coalition partners or their perspective coali

on sean phillip finance minister, olaf schultz will replace and go to merkel and says he'll introduce mandatory vaccination and promote on those stories. you can visit our website all t dot com with the latest headlines once again in an hours time say with.

social democrat olaf schultz is expected to succeed chancellor angela merkel, who is stepping down afters at the helm. >>> still to come, another high-profile organization is accusing the international olympic committee of downplaying a tennis star's sexual assault allegations. back with that in just a moment. you have always loved vicks vapors. and now you'll really love new vicks' vapostick. it goes on clear and dries quickly. no mess. just the soothing vicks' vapor for the whole family. introducing new vicks vapostick. [♪] powerful skincare ingredients come dermatologist-recommended, and there's a brand that offers them at an affordable price. try olay skincare. olay regenerist, with 99% pure niacinamide provides 5 times the hydrating power of a prestige cream; while olay collagen peptide visibly firms and reduces the appearance of fine lines and wrinkles; and olay retinol 24 brightens and smooths the skin while you sleep. for dermatologist-recommended ingredients at an affordable price, try olay skincare. are you a christian author with a book that you're ready to share with the worl

the deal paves the way for hola off schultz -- hola off -- olaf scholz to replace angela merkel.his is bloomberg. ♪ paul: plenty more to come on "daybreak asia." stay with us. this is bloomberg. ♪ ♪ paul: once a winner at the stay-at-home trade, a slumped after failing to address concerns about post lockdown group. that has the likes of cathie wood sweeping into by 133 million dollars of zoom stock. the zoom cfo told us where the company is headed next. >> we reported earnings for q3 of over $1 billion, 35% year-to-year growth, and gave outlook for the full year of over $4 billion, 50% year-to-year growth. we are proud of everything we accomplished and are excited about the future, especially about the future of hybrid work. work is transitioning. it is no longer a place, it is a space where people get work done. and zoom is at the forefront of bringing teams together and keeping them connected and efficient dent we are making this transition from being a killer meeting app to an adjudication platform with not only our meetings feature everybody knows about, but zoom phone, our c

olaf shows look sent to become the countries next counsellor. now 3 way coalition deal has been reached after a full 2 months of negotiations. schultz will be replacing anglo merkel who's been up to held for 16 years, telling me more earlier about today's developments. peter oliver, the dressed agreement document is quite a whopper. 177 pages. it goes over $51776.00 words that is slightly more than f scott fitzgerald novel, the great gatsby. and there is some twists and turns when it comes to how this new government would approach russia. the draft document says that they would be looking for constructive dialogue with moscow. russia is an important international player. we understand the importance of substantial and stable relationships, and we continue to strive for them. we're ready thought constructive dialogue. we will take into account different threat perceptions and focus on a common and coherent e u policy towards russia. we've heard some speeches from leadership of the 3 parties as they address their press conference in berlin, and most of them seeming quite keen to emphasize that there are still points whereby they really disagree with th