china now dwarfing siemens of germany and holcim of france with this rail giant that will be bidding on projects around the world. in boston, they outbid canada for a subway contract to fix the subway system there. almost 50% cheaper. that is what these industrial giants are watching closely. china has been seeking to put its rail blueprint for the future in markets around the world. offering theremier final sales pitch in many of these deals. expectompetitors now this chinese that he met to get to getgger -- behemoth even bigger. it is the world's largest high-speed rail network. last year alone, it participated in 348 overseas rail projects and its exports of railroad equipment were more than $3 billion. japan remains a major competitor. when we break this down into the nuts and bolts, there is still a major market for the high-value equipment made outside of china. those in the market watching this very closely. china increasing its clout and its bargaining ability. they are taking that clout to markets all around the world. north america, europe, the middle east, as well as afric

it dwarfs other competitors like siemens.e market if we can get that graphic up, general electric, $275 billion, siemens, $93 billion. this will help china compete in getting those desirable rail contracts in emerging markets. today of crrc trading under csr in hong kong and shanghai. this is a pretty interesting time for the rail industry in china. this move comes in the midst of that. shery: very interesting time. we are seeing big names trying to exit the market. we are seeing canada thinking whether or not to exit the business. csr and cnr were said to have considered getting a controlling stake there. we had italy unloading israel business to japan. not to mention this heated competition between china, japan , for rail contracts in southeast asia as well as california. angie: can they all play together? shery: some are saying they could. some analysts say that crrc could be a benefit for competitors, who could make money by supplying components while crrc would provide the trains themselves. we don't know what their riva

siemens is building wind farms in egypt. host: peter craven has been monitoring the events. why has the visit attracted so much controversy? reporter: it is interesting to note that president joachim gauck and angela merkel have met with the egyptian leader. one person canceled, bonorbert lammert. he said there was a lack of democratic participation in egypt, and the persecution of the opposition and he pointed to the large number of death penalties handed down in egypt. 1400 and the last year alone. he said there is neither a parliament nor a plan to elect one, so no meeting. let me tell you another story about somebody called mohammed lockley. our viewers can follow up. he's a human rights activist in egypt and he was allowed to travel to germany. he was going to come to a roundtable taking place to discuss human rights in egypt but he was allowed to travel. that is typical for egypt these days. he left the greens who were dismissed by this visit. host: experts are gathering for the 25th world economic forum on africa in cape town amid concerns for the continent. host: two

siemens trains are not your grandparent's technology.y're something that's gonna change the cities we live in today. i find it so fascinating how many people ride this and go to work every single day. i'm one of the lucky guys. i get to play with trains. people say, "wow, we still build that in the united states?" and we say, "yeah, we do!" >>> tonight, shogging comments from mike huckabee about pretending to be a transgender. the comment were made in february but they're coming to light today after caitlyn jenner revealed her new identity on the cover of vanity fair. >> i wish someone had told me when i was in high school i could have felt like a woman who when it came time to take showers in p.e. where would have said coach, i think i would rather shower with the girled today. yet today, we're ridiculed and scorns because we point out the obvious. there's something inherently wrong with forcing little children to be a part of this social experiment. >> the social experiment huckabee is referring to are rules that allow students to use

siemens location here has just received a major order of wind turbines. it puts a huge smile on my face. cause i'm like, 'this is what we do.' the fact that iowa is leading the way in wind energy, i'm so proud, like, it's just amazing. [whirring drones] just stay calm and move as quietly as possible. ♪ [whirring drones] ♪ no sudden movements. ♪ [screaming panic] ♪ [whirring drones] google search: bodega beach house. ♪ ♪ [drones crashing] ♪ >>> governor perry is hardly alone in his crusade against voting rights. in wisconsin, governor scott walker cut back early voting. in new jersey, governor chris christie vetoed legislation to extend early voting, and in florida when jeb bush was governor state authorities conducted a deeply flawed purge of voters before the presidential election in 2000. >>> welcome back. hillary clinton naming names. that was thursday. she picked a big policy fight over voting rights with some of the republicans that happened to be running for president also. if you look at the latest national poll, how does hillary clinton run agains

siemens, daimler, totale, all these names. i think they benefit. >> bold bet. now to a major buzz kill in today's session. shares of gopro supplier ambarella getting taken to the woodshed on a bearish report from citron research which actually specializes in short recommendations. kate rogers has the details back at headquarters on what was an ugly report for this stock, kate. >> that's right. shares of ambarella took a hit. closing down nearly 6%. the maker of computer chips and systems that go into digital cameras is the target of a negative report from short selling research firm citron. the firm cites headwinds like increasing commoditization of the product as well as pricing pressures among other things. their target price for the stock is $60 in the next 12 months. the stock has seen a lot of upside momentum, up 135% just this year. the move has put it around 11% above average analyst target prices. sarah, back over to you. >> some of the air went out of that trade. >> this was a $70 stock in may, traded up to 129 or so. now it's obviously given some of i

siemens location here has just received a major order of wind turbines. huge smile on my face. cause i'm like, 'this is what we do.' the fact that iowa is leading the way in wind energy, i'm so proud, like, it's just amazing. plaque psoriasis. moderate to severe isn't it time to let the real you shine through? introducing otezla, apremilast. otezla is not an injection, or a cream. it's a pill that treats plaque psoriasis differently. some people who took otezla saw 75% clearer skin after 4 months. and otezla's prescribing information has no requirement for routine lab monitoring. don't take otezla if you are allergic to any of its ingredients. otezla may increase the risk of depression. tell your doctor if you have a history of depression or suicidal thoughts, or if these feelings develop. some people taking otezla reported weight loss. your doctor should monitor your weight and may stop treatment. side effects may include diarrhea, nausea, upper respiratory tract infection, and headache. tell your doctor about all the medicines you take, and if you're pr

it specifically targeted industrial software from siemens developed for the monitoring and control such as those used in the iranian nuclear plants. in those facilities, the computer worm made the centrifuges spin at too high a speed causing irreparable damage. in view of the complexity of the stuxnet attack, experts suspected a government was behind it but it is still unclear which one. some analysts have implicated the u.s. and israel ariel stuxnet was one of the earliest and most successful examples of a cyber weapon targeting a country. the first shot in a global cyber war. melinda: what do we know about the effect of that attack? what effect do he believe it truly had on the nuclear policy? mr. posener: you can especially but the immediate effect was as we just saw, they had less centrifuges and could not develop nuclear capacity that quickly and they are warned that it is possible. it is just possible that in fact the situation where we are now where they are negotiating about their nuclear capacity, it might be one of the very positive results of the attack. in fact, stuxnet is a

animal liberation that the suffering of animals matters equally to similar amounts of suffering by siemens perspective of species. that is a separate argument which i think essentially the evening is too short to try to do both. the book has a chapter about animal suffering and considers helping animals suffering might be as cost-effective for more cost-effective in terms of the quantity of suffering reduced as helping humans. also has a suggestion that one strategy might be open for both, trying to persuade more people to reduce their consumption of animal products or even go all the way it become vegan because it is the win for animals because fear of the suffering in factory farms where most animal products are produced and also winfrey humans because animal agriculture, livestock is of major source of greenhouse gas emissions and we need to reduce greenhouse gas emissions because that will help all of us especially including the poor. >> here is one, there are new metrics and more sophistication about what to give and to whom. do you think the options for giving will improve through la

siemens, very similar tale.heir ceo said, we are going to focus on energy and industry, which is what ge did four years ago. the list goes on, companies missing the trend. mark: why have german companies been slower to react? alex: it is clearly a very complex tale./ there are specificities to each company. broadly speaking they think perhaps germany got a little too arrogant. germany has been very successful over the past five years. perhaps they build up a certain amount of hubris. there are practical reasons as well. everything has to be approved by labor representatives as well as shareholder representatives. that can make it hard to push through big changes. mark: how does this fit into the broader german context? paul: -- alex: germany has got big problems. germany, in the past 10 years did introduce a program of reforms and social changes which were achieved. that was agenda 2010. economists are saying something needs to be done to repeat that process. agenda 2020 or 2023 perhaps. if it doesn't, perhaps t

we are not going to wake up tomorrow morning -- siemens is a great company but i will not wake up tomorrownd have them do something so disruptive, they probably feel the same way but geopolitics is probably the best -- biggest disruptive factor. the relationship between companies, -- countries volatility around the world. there are 22 conflict going around -- going on around the world. we live in a time when there is underemployment. governments are volatile. people are angry. more regulations seems like the answer. trade becomes more of a burden and less than upside. and that plays through with business, there is no way that business can hide from all the things that are going on around the world. all those things in the u.s. but it is also europe and also china. it is also india. it is any place in the world. the same drivers exist everywhere. charlie: give me your analysis of what happened, what the consequences of losing the trade deal with the president although he has not quite given up. jeff: it is a comp located story to tell. that basically says, there is 5% of the world's populat

siemens trains are not your grandparent's technology.y're something that's gonna change the cities we live in today. i find it so fascinating how many people ride this and go to work every single day. i'm one of the lucky guys. i get to play with trains. people say, "wow, we still build that in the united states?" and we say, "yeah, we do!" --i don't know my credit score. that's really important. i mean - i don't know my credit score. don't you want to buy a house...like, ever? you should probably check out credit karma, it's free. credit? karma? free? credit karma. really free credit scores. you've always trusted for reviews, book! checks over 200 websites to find hotel savings up to 30%. book...book! so don't just visit tripadvisor... book at tripadvisor. >>> all righty. here's a look at some of the other stories making headlines now. >>> in charleston, south carolina, hundreds of people are expected to attend the funeral of reverend depayne middleton-doctor later today. myra thompson's funeral set for tomorrow evening. and funeral pla

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siemens trains are not your grandparent's technology.the cities we live in today. i find it so fascinating how many people ride this and go to work every single day. i'm one of the lucky guys. i get to play with trains. people say, "wow, we still build that in the united states?" and we say, "yeah, we do!" . >>> more than ten migrant rescue operations are under way in the mediterranean. we're talking about multiple ships responding to rescue thousands of migrants trying to reach europe. this is according to the international organization for migrati migration. just yesterday british and german naval ships, look at these pictures, they began what's an ongoing rescue operation of roughly 2,000 migrants off the coast of libya. people just jam packed in these small boats. more now from greece. what have you learned this morning? >> reporter: good morning, christi. you're quite right. ten operations under way this very moment. we've heard from the iom as well as the unhch both reporting they are still ongoing. they are expecting to rescue 2,0

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siemens location here has just received a major order of wind turbines. it puts a huge smile on my face. cause i'm like 'this is what we do.' the fact that iowa is leading the way in wind energy i'm so proud, like it's just amazing. ♪ in the nation, we know how you feel about your car. so when coverage really counts you can count on nationwide. ♪ love ♪ because what's precious to you is precious to us. ♪ love is strange ♪ just another way we put members first. join the nation. ♪ baby... ♪ ♪ nationwide is on your side ♪ >>> breaking news one of the convicted killers who's been on the run for three weeks, dead tonight. earlier tonight richard matt killed in a shootout. this after an attempted carjacking that went down 12 11 miles from the canadian boarder. david sweat is on the loose. authorities think the two were on the run together and were together. they have as we were just told by the sheriff on the ground dwrrks the hardest perimeter on the ground he's ever seen. we have someone at the command center. and do police think sweat is in the perimeter and

we have the energy for great after 4000 jobs and also of course the siemens investment nearby, a major investment for the region. we will continue to provide support for the regional growth fund, 49 awards have been made in yorkshire. to keep up with it and keep up with a long-term economic plan. >> harriet harman. >> i joined the prime minister in paying tribute to our armed services including the reserves. we all know those who are serving today. we remember the sacrifice of we remember the sacrifice of those who served in the past. and let's never forget them when we think of the freed up and democracy that we have today. i would also like to attribute to the families -- the family federation, the army, navy, and the air force family federation. the great work they do supporting service families contribute so much to the strength of our services. mr. speaker, we've all seen the chaotic scenes were british travelers and drivers are facing intimidation as 3000 migrants trying to get illegally into the uk. the french should be assessing to miss him so they get their decide whether thei

we have the energy for great after 4000 jobs and also of course the siemens investment nearby, a major investment for the region. we will continue to provide support for the regional growth fund, 49 awards have been made in yorkshire. to keep up with it and keep up with a long-term economic plan. >> harriet harman. >> i joined the prime minister in paying tribute to our armed services including the reserves. we all know those who are serving today. we remember the sacrifice of those who served in the past and let's never forget them when we think of the freed up and democracy that we have today. i would also like to attribute to the families -- the family federation the army navy and the air force family federation. the great work they do supporting service families contribute so much to the strength of our services. mr. speaker, we've all seen the chaotic scenes were british travelers and drivers are facing intimidation as 3000 migrants trying to get illegally into the uk. the french should be assessing to miss him so they get their decide whether their genuine refugees are whether th

siemens location here has just received a major order of wind turbines.e smile on my face. cause i'm like 'this is what we do.' the fact that iowa is leading the way in wind energy i'm so proud, like it's just amazing. >>> i'm live here in columbia south carolina with more on the aftermath of the church massacre. cnn has learned that the department of justice may pursue federal hate crime charges against the confessed charleston mass gunman. the gunman is already facing nine counts of murder and could be sentenced toette the. we'll bring in to talk about this a cnn contributor, former south carolina state representative and also an attorney. thank you so much for being here. how could this not be a hate crime? >> well, from the beginning we have to call it what it is. it's domestic terror. it's racism and it's hate. and i think that language is important to describe that. >> the gunman is facing nine counts of murder and likely facing the death penalty. how does charging him with a hate crime change anything? >> well, i think it symbolizes that we need to

central europe germany is available, for sale, it is cheap for stuff you want to own a company like siemens cheaper. tom: when you look at us, you have to work out currency dynamics. what is your call on euro away from the game on greek depreciation? david: euro's headache for weakness, our view is parity then $.85 long run. tom: daniel, we have much more floating exchange rates -- i think of the adamant of the advantages of floating currencies. daniel: it gives you adjustments much more quickly. tom: much more of an adjustment and what we saw pre-world war ii, right? daniel: right. vonnie: if it floats away, it is gone doesn't that make a mockery of monetary unions everywhere you go david: sure, but the mockery was made when it admitted greece come it became the 13th country and then it failed. then it raised the gdp by raising services, which is a new estimate. otherwise the sales again. daniel: david, you do not see the other southern countries and some ways be affected or following suit? david: it's greece say then, it is a can kick, it goes on, and we see this again in a couple of year

tim: it is banking, deutsche bank siemens. they all seem to be struggling.ll require more reporting, we need to figure this out. michala: i wonder if it is about exports, he can is what we see when we look at the global trade picture is that it seems to have been a little more challenging, looking at asia and the export numbers there. that shows an export story behind at least some of those factors going on. tim: is probably part of the story but there is a larger story as well. caroline: what about where we should live? [laughter] michala wants to know how it has done. tim: a gallup survey talked to 146,000 people about their financial conditions, quality of life -- they coey decided panama. caroline: panama. check that out online. ♪ >> we have not yet made the necessary progress and one has given the impression that we are falling back a bit. >> deadlock and deadlines. negotiations extend into the weekend. shanghai slumps. they tumble amid concerns that the longest ever bull market has the. and the new chief executive faces scandal for the first time as it

erik: they should focus on siemens. davide: that's right.anie: why do you think it took so long for this to happen? davide: the division of markets 27 billion generated a property tax page 7 billion in fines, had to resort to one billion in capital. made pretty much nothing. basically, there has been a valued destruction between 20-30 billion dollars. stephanie: i know we have to go but do you think there is a specific event like a surprise board meeting and announcement on a sunday that is puzzling? davide: i do have any particular insight, but i have been told the regulator adding all the fines that deutsche bank took wanted these reached to the top. management capital cannot pay in itself $10 million every year. eventually being the bank with the highest number of fines and litigation, the regulator said you might be in good faith, but enough is enough. stephanie: when the number got to gazillion they said enough. always a pleasure. davide: thank you. erik: he is the ceo and founding partner of a hedge fund. stephanie: is yahoo! still wit

there is a list of other huge companies, siemens, lufthansa who are enjoying similar issues.ine: why have german companies been slower to react than some of their competitors? >> there are possibly two almosts to this. one element is that germany has been very successful in the past five or six years. that might have made them complacent and arrogant. in germany you have a system of companies clschs done jointly with the labor representatives. that can make it harder to push it through how you're going to run a company. they don't want job cuts or market factory and production to be moved elsewhere. that is perhaps one of the reasons. manus: just the trend that you're referring to, how does it fit into the broader german context? >> i'm sure you have been talking about this with people for sometime. everybody niece one of the big drivers for germany's success in the past five, six years was the program of reforms introduced about decade ago by the former chancellor. 2010. there is a growing chorus of economists and business executives saying what is coming next? we need a new