that was still dominated by the central parties of that cdu and spd. spd has fallen to third place in the far right is in second place, and the fragmentation degree its risks, political risks of coalitions like we are seeing out like we saw in the olaf scholz government of coalitions finding it difficult to push the reforms the country needs and actually rallied the country together, and that is where the different versions of this crisis versus the crises the trinity is faced in the past. tom: we will washington d.c. of germany can meet this moment. chris with fantastic contacts. thank you for the details as the two main parties continue with our talks -- there talks. most all of germany's airports face disruption because of a strike by the labor union. ground personnel, baggage handlers and others have been urged to walk out as they demand higher pay and more holidays. coming up, we will discuss the future of ai with the cofounder of poolside, a startup that is raise hundreds of millions of dollars and is backed by the likes of nvidia. the conversati

the cdu, csu and spd managed to agree on such fundamental, important issues of german national.n and international politics. if we manage to build bridges together, despite very different. >> principles. points of. >> view. >> opinions and also different. >> characters. >> then this can also succeed elsewhere in. >> the country. >> and then at the is joining us with more and just walk us through the next steps. what happens after this weekend's talks? >> well, on. >> thursday there. >> will be the official launch. >> of coalition talks. and of course, in the meantime. >> there's a lot of political horse trading taking place. >> in berlin. >> because clearly, to change the. >> constitution. >> which would be needed. >> for the. >> debt brake change. >> a two. >> thirds majority. >> is needed. so we have. >> a first hearing. in parliament as well on. >> thursday on. >> that potential. >> reform of. >> the debt brake. >> and then. >> we. have a vote. >> on. it next tuesday. >> and then. >> finally. the upper house. >> the bundesrat, needs to consent to. >> it as well. >> so that's.

coalition, friedrich merz is expected to be the chancellor, and it is likely his cdu will partner with the spd's that mean for changes around the energy policy for this german economy? >> under friedrich merz, the aim to decarbonize the economy by 2045 remains as well as the 2038 target. what changes is the overall approach to the transition which becomes more pragmatic and cost focused. we expect support for renewables like solar and wind to continue. we also might see a push in regulations for carbon capture and storage sector. on the other hand, the party's more technologically neutral stance could be that targeted support for specific technologies such as heat pumps or ev's or hydrogen could see more friction. tom: germany's industry pays energy costs that are three times that of the united states, double that of china, what is the energy mix likely to be to address that cost? >> germany's electricity market is in a really tight spot. because it's firm capacities shrunk by a quarter in the past 10 years because they shut down all nuclear in 2023 and coal is also phasing down, so while sola

tom: 1% is what's being proposed by the cdu and the spd, you are pushing for 1.5%, is there flexibilityn that, what is your expectation that they will commit to 1.5% on defense? >> we know that they put the bar low at 1%. everything beyond 1% can be financed by debt. but let's be real, we cannot just finance our defense budget continuously by debt, it's not serious. and it's not fair to the next generations. so we really also hope that there is an agreement from their side to be ambitious, may be also to see that it's unfair for next generations, but we also hear that they need the flexibility in the budget now to finance the other projects they have agreed on when it comes to retirement and pension plans, lowering the taxes for the rich, so they need that space in the budget. but we think it's a priority for security and not for letting some off the hook and making a more unfair analysis. tom: before we let you go, one last one, i will push you on this, you suggested there is the possibility of a deal this week. what would you say the odds are at right now the deal getting done? more t

they pulled at double the polling levels of the governing spd. the question was how many parties would he have to govern with and that was settled late last night with the real nailbiter of the counting of votes. bs, the extreme left party, led the firebrand missed entry into the parliament -- missed the 5% threshold 13,000 votes. it will not surprise you to learn they are going to go to the courts over this and demanding a recount which is unusual in germany, but there we are. i think we are catching up with other countries. so friedrich merz, and the less is on oh -- overturned by the courts, which i have a hard time seeing because we all use paper plow paper ballots. -- use paper ballots. pretty much going to govern with the social democrats in a coalition. i don't think he will have any compunction supporting ukraine. i think he intends to be a strong player in it. the reservations i have about that is last night also saw a doubling of the afd seats in parliament, with extremely high shares in eastern germany up to 37%. benjamin: the neo-nazi

and that is one thing, and that is how he actually brought the spd firmly into his camp.o a very clever compromise bill that. and at the same time he said this trump-zelensky press conference last friday is a sea change in transatlantic relations. we can't rely on the us anymore and that needs to trigger serious actions. and here. >> we. >> are with a defense spending target, which actually has no limits. anything which goes above 1% of gdp has no limits, will not count into the debt rules of the maastricht treaty as well. remains to be seen how that all is feasible. >> but for. >> now, of course. >> it is. >> a huge sea change when it comes to the spending and also the narrative. so germany will go, will go very bold on defense spending, which is most likely mainly benefiting european defense values that this what we have seen as well in recent weeks that us companies didn't benefit a lot from that surge in spending in europe. it will be. mainly spent in europe. as much as it's possible, that is one thing. and of course, the other thing is the infrastructure bill, which

i'm here to express strong support for spd's proposed tenderloin station boundary changes outlined in the past map integration and the patrol preferred map that yes the tenderloin has seen some progress but challenges remain especially late at night and early morning. as clearly indicated in the heat map, the current boundaries and recommendations stretch too far east and south encompassing encompassing areas like westfield mall and soma. this pulls tenderloin officers away from the core of the tenderloin where they're needed most to address serious crimes like shootings, assault robberies and our party's persistent open air drug market. shifting the boundaries to north to market street to north to sutter street and west and east boundaries between mason and vance will allow officers to focus their resources where crimes are occurring most. the tenderloin furthermore the current northern boundary at geary street is insufficient. illicit activity has simply shifted north to sutter street creating dangerous pockets of lawlessness in the alleys between larkin and van ness. the proposed e

we saw that come through during the spd crisis.in the 2018 trade war, they ended up managing from that pretty well, and we didn't have a massive hit to earnings. i do think that we get some resilience there. but we are sitting in the u.s. at valuation benefit ceilings and they are starting to retreat. we've seen various vibes weakening. positioning data had a brand-new highlight last year just like it did in 2018. so we are not in a great position in terms of positioning valuation in the u.s. and i think that has started to make some of this rotation out of u.s. equities into european equities start. jonathan: when does the trump put actually kick in? lori: 2018 has been a great example in that there is sort of this view, and i don't completely disagree with this view because i do see if the 500, 50 600 is a battleground for other reasons. but i'm hearing all year in addition to "tariffs are never really going to happen," that they are not really going to look the market go down that much. some of the investors, and i talked mostly

in 2023 he overturned the spd's attempt to circumvent the police commission's oversight by issuing two secret orders without the commission's approval. >> he fought for critical reforms against racist policing practices in the form of pretextual traffic stops by voting for general order 9.07. >> in short, it's clear that the commissioner had a history of taking firm principled stances against illegal orders, against racial injustice and against abuses of power that would harm everyday san franciscans. >> the mayor has asked the board of supervisors to force the resignation of this principled reformer. >> why? >> why? the mayor has no argument in favor of this ask. there is no cited malfeasance. there's no cited misconduct. >> san francisco's voters have repeatedly voted in favor of independent transparent oversight of the city's police department. they did not vote for a police commission that simply serves the interest of the mayor's office. removing a commissioner who has demonstrated independence and integrity undermines public trust in both the police commission and in the board of

russia, after three years of its invasion of ukraine, now appears to be winning, and europe could spd when they got into power. joe biden then put the deal into operation when he became president. and we know what happened after that. girls and women have been largely barred from education ever since. it's very hard for western journalists to get into afghanistan under the taliban. but the bbc�*s mahjooba nowrouzi, who is herself afghan, managed it last month. she told me what she'd found. when you go to kabul, kabul is a very, very busy city. around 5 million people live there and you get almost on the streets. but the only problem is that people cannot afford to buy anything, because there is obviously no jobs. the poverty is there. and what i saw was... like, personally, for me, it was heartbreaking. you would see men, women, young and old, begging on the streets. you would see women with their young babies standing in a crossroad, stopping cars to give them anything they can. women? i mean, do you see women without hijab? but i spoke to so many people, and they were saying and rel

the hapless spd has been punished for its ineffectual time in power, and although the centre—right cduon the election, making friedrich merz the next chancellor, the extremes did well — both on the left and the right. afd — alternative fur deutschland — which the us vice presidentjd vance did his best to promote while he was in germany, did particularly well, she told me what she'd found. when you go to kabul, kabul is a very, very busy city. around 5 million people live there and you get almost everything in the shops, on the streets. but the only problem is that people cannot afford to buy anything, because there is obviously no jobs. the poverty is there. and what i saw was... like, personally, for me, it was heartbreaking. you would see men, women, young and old, begging on the streets. you would see women with their young babies standing in a crossroad, stopping cars to give them anything they can. women? i mean, do you see women without hijab? no, you can't see any woman without hijab. and you would not see women walking alone. they walk in groups, or they are always accompanied