and one problem that the centre left spd have had in the last years is that they have governed with angelard for martin schulz to criticise the past four years and say that this isn't working and that isn't working because they have been partly responsible for what has been happening. they will have to be relatively reticent in their criticisms of angela merkel and they are struggling to find the platform that differentiates them from her party. that's because she is occupying the centre ground, she's pinched traditional left—wing issues and in the past few months martin schulz has really started to struggle, flagging in the polls, looking around for issues to focus on. so far with little success. of course we have another month to go and a lot can happen in the elections. a danish man charged over the death of a swedish journalist says she died in an accident on his submarine and he buried her at sea. peter madsen has denied any involvement in the disappearance of kim wall. he denied this for weeks and now he's changed his story. this was kim wall and peter madsen on his submarine, the na

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angela merkel has a commanding lead with the election just six weeks away. 39% supportains with the spd she was the first female chancellor in germany. she is europe's longest leader and is seeking a fourth term next month. we keep a close eye on germany during the election. do not miss our special at 3:30 hong kong time. we will have market analysis ahead of the vote. the u.s. is moving forward with a criminal investigation into money stolen from the malaysian 1mdb.ment fund imdb -- the u.s. alleges $1.7 billion was used to buy real estate in new york, london, and beverly hills. the reserve bank of india paid the government annual dividends which mayllion, strain public finances far less than previous transfers. the r.b.i. paid more than twice as much last year, and even more than that in 2015. bloomberg reported earlier the government had budgeted for dividends of $9 billion. global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. i am paul allen. this is bloomberg. >> i am david ingles. the last market to open up in asia pacific in a

she is ahead with 39% right now of the polled public compared to 24% for the spd.the way she has handled it with the exception of the far right afd and they only have 10%, the spd iscancel in the prominent on the board of the company, volkswagen, because they own 20% stake through their governorship and then aside from that, there aren't really any issues they disagree on that are very big. that's why everyone thinks she has it in the bag and picking a coalition is the most important part. david: i know she was asked about the diesel coalition -- scandal. how is that playing out through the campaign, that particular scandal? matt: it's got to be a fairly empty statement to anyone that thinks about it because of course her government has been in power for 12 years and it's not like everyone didn't know what was going on with diesel. it was pretty clear how the industry worked. there is one set of results for the lab test and a completely different set of results for what happens in real life and she appointed the transport minister, who a lot of people see as basica

interesting, because we have a story out today saying that, behind the lines behind the scenes,, the spdime it is better if we go into the opposition. we don't need to be a junior partner in grand coalition. what impact, carson, be more helpful to them in the long run in terms of building up some impetus to finally win an election in this country? >> that is the story of merkel's chancellorship, her centrism is deadly for her coalition partners. there has been this argument over the last 12 years, wouldn't it be better to go into opposition? if you look at the second merkel government, it didn't fare much better at the end of those four years. i think centrism is a fundamental problem, and keep in mind that german voters value consensus and responsibility. striking down an offer from merkel, it goes against everything going on in europe. i don't know whether it would go down so well with german voters. guy: how does diesel play into this, and a possible alliance with the greens? the point about the fact that going into the coalition with merkel has generally been disastrous for the other

the spd may be wary of joining up with her again in another grand coalition.l, the liberals are fairly wary, because after working with her in her second term, they came back with no seats in parliament. the question is, who is going to join with her? who would rather just sit in the opposition? in germany, you have got to make a coalition. it is unlikely anybody wins an absolute majority. manus: there is matt miller with the latest on angela merkel kicking off an election campaign. specialss our 30 minute every monday at 8:30 a.m. you could time -- you time, germany decides. a.m. you take time, germany decides. history potentially in the making. hillary clinton started with a 15 point lead. theresa may was strong and stable at the start. looking at angela merkel, she does seem to be in a different position than the others. james: she does. the difference is we have the rise of populism in the united states and that united kingdom. in germany, because of the weakness of the euro, expert performance and the high levels of consumer confidence, it correlates with

what would change if the spd one -- won? alan: that looks like a big if at the moment.so depend on what kind of coalitions you could form. -- latest poll suggests this suggests it would have to be a four-way coalition. it is hard to see. is, schulz issee to common european policies, perhaps more in terms integrating the eurozone. angela merkel has made some comments about that. she is open to some of these moves by the french president, but the assumption is she would be more open. whether that extends to get sharing is a different issue -- whether that extends to debt sharing is a different issue. guy: what risks is she running? how does that relate to the strategy we are seeing? we are talking about party officials concerned about any hint of complacency. remember when she first ran for --ncellor in thousand five in 2005 against gerhard schroder and she managed to squander lead of more than 20 percentage points, he was an extremely adept campaigner. in the end, she one by one point. she is embarking on a campaign tour, so it is hard to accuse her of complacency. matt:

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the spd had 24%.est-serving leader and she is seeking a record fourth term next month. we will keep a close eye on germany leading up to the election. don't miss us every monday at 3:30 hong kong time. there's consumption stronger than expected and a week outlook for independent suppliers. they have around 2000 barrels a day -- 200,000 barrels a day. there are rivals following weaker production in north america last quarter. rates were unchanged at the first policy meeting, but this race inflation forecasts. were left at 3% as predicted by all 17 economists surveyed by bloomberg. they forecast it for 3.2% this year and next year. join us for bloomberg markets 11:00 a.m. sydney time. google has canceled a staff meeting that would have addressed the firing of an engineer for questioning diversity in tech. this came after questions were leaked raising concerns that employees to post these might be harassed online. saidote in internal memo women are less likely to be working in tech than men. global news

probably germany could turn towards a more lessous and austerity-oriented approach, especially if the spdome in stronger, and maybe shoot for the finance ministry. they are saying, we would go into another grand coalition, but only if we will be in place for the next finance minister. in that respect, what would that mean for markets? that would bring european spreads down. there's also a slight chance of a government coalition by the cdu of the conservatives and the liberals, and this is much more of a business-oriented, market-oriented approach, and the liberals are saying, we want greece out of europe, and you can't imagine what that would mean. there are some outcomes that would have potential to move the market. this would create some political volatility. longer-termand trajectory, i would not expect any big impact. francine: do you worry about italy? if you are mario draghi, you have not enough german bonds, so you need to do something. he's going to give a dovish message while reducing some of the balance sheet. how does he deal with italy? martin: the big threat is not just that

according to a new poll, the cdu/csu has a 16% lead over martin schulz's spd. bloomberg's german government reporter is in berlin. patrick, is there a danger that angela merkel and her team are now complacent, so the polls change? >> she is so far ahead in the polls, even after a vacation, that party officials have said, if anything, complacency could plan tossue, and they go in strong with the election campaign. francine: i guess people in germany like the status quo because the german economy is powering ahead and there's nothing huge in the manifesto. >> it is pretty stable. the economy is very strong. unemployment is low. certainly helps. she is the force of stability in germany. her strength has also to do with the weakness of other parties. the social democrats have struggled to reverse the momentum. there could be a contest back as far as february, march, but now merkel and her christian democrats have pulled way ahead. francine: is there a contentious issue that martin schulz could turn into the main event, or is it really a done deal? >> nobody is sayi

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