story with greece, you would have never known what was happening in the equity , inet in the united states europeis the rest of the world, why is the bond market specifically holding up this well in europe? >> it is all about what are the drivers of the correction. as i said before, we think inflation is the driver. inflation is actually good for spain and italy and greece. dealing with their issues. it is good across most emerging markets. you know, it is surprising -- many people would think it is surprising, the mexican peso up 4% year to date. there's been virtually no volatility in mexican rates or mexican currency. spain has rallied year-to-date. it is really those assets which had the most overpriced valuation having kicked into a correction by this inflation scare, and that would be bunds and treasuries, and that has kicked over into the u.s. equity markets. so, those assets will benefit like greek government bonds have done quite well. bonnie: i would agree with robert that the eu has to inflate its way out of the debt. so, in a way, it is good for them. i would also point out that the e

about this, though, is that these three major ministries have gone, it is a shift towards the united states of europeusterity and this is interesting, potentially more going towards a potential european monetary fund. i don't want to make brexiters overjoyed about how much of united europe there is going to be and is going to be and isn't britain to be part of it, and all that. but this is going to be a significant difference to what we're used to in europe as a result of what has just come about yesterday. does this mean that angela merkel and emmanuel macron‘s plans have gotten a much firmer footing? indeed. that is no secret, obviously. i do not realise our think people realise how seismic this is, given five months of snoring, i do not think we realised how seismic this is for a move towards a more integrated europe and how much good news this is for italy, portugal and greece, all of the economies that will basically have their debts underwritten as well. you should just basically explain what the pig economies are, just that we do not offend anyone. pig comes from their initials, these are the

member states but not the formation of the united states of europe well is this the new normal in german politics because like them or loath them alternative for germany how are the folks there in the parliament we've actually seen them growing in the polls of late but one can't really presume that every time they say something that mrs merkel doesn't agree with she's going to decide she has somewhere else better to be. peter all of the reporting while merkel's being bashed by the opposition a prominent politician from germany second biggest part of the s.p. days been embroiled in a scandal we'll tell you about that the country's best selling newspaper has published what it thought was smoking gun evidence of russian meddling in the country's politics but in the rush to break the story the tabloid failed to check its sources and that backfired spectacularly as more galatea of explains build thought they had a bombshell the makings of an international scandal here's the meat of it build published a report about how the socialists the s.p.d. was trying to buy the services of the mythical r

garland say that he supported cooperation between member states but not the formation of the united states of europe well is this the new normal in german politics because like them all loath them alternative for germany have the votes there in the parliament we've actually seen them growing in the polls of late but one can't really presume that every time they say something that mrs merkel doesn't agree with she's got to decide she has somewhere else better to be. well while angler merkel is being bashed by the opposition a prominent politician from germany second biggest parliamentary party the s.p.d. has been embroiled in a scandal the country's best selling newspaper has published what it's thought was a smoking gun evidence of russian meddling in the country's politics but in the rush to break the story the top won't feel to check its sources and it backfired spectacularly reporting on this rutgers the it build thought they had a bombshell the makings of an international scandal here's the meat of it build that published a report about how the socialists the s.p.d. was trying to buy the service

garland say that he supported cooperation between member states but not the formation of the united states of europe well is this the new normal in german politics because like them or loath them alternative for germany how are the folks there in the parliament we've actually seen them growing in the polls of late but one can't really presume that every time they say something. that mrs merkel doesn't agree with she's got to decide she has some worlds better to be. peter oliver in europe there while merkel's being bashed by the opposition a prominent politician from germany second biggest part of the s.p. days been brought in a scandal the country's best selling newspaper has published what it thought was smoking gun evidence of russian meddling in the country's politics but in this rush to break the story the tabloid failed to check its sources and that's backfired spectacularly as morgue as the of explains build thought they had a bombshell the makings of an international scandal here's the meat of it build the published a report about how the socialists the s.p.d. was trying to buy the services o

going on overall here and that is significant losses in europe despite guests telling us over and over again the places to be outside of the united statese likes of europe and emerging markets are worth bearing in mind. do we have some currency stuff to give you a snapshot of what is going on? scarlet: ask and you shall receive. julia: nicely times, guys. unchanged for one dollars 30 here. emerging markets getting on some of the recovery are paring of risk, if you're looking at the losses we saw earlier in the gains today, same story for emerging markets. joe: finally come of those commodities. oil down below $60 a barrel. it is amazing how quickly the story has flipped on oil. people are super -- were super bullish a few weeks ago. now it went down another 3% below $60 a barrel. as scarlet was mentioning earlier, the big bloggers today did this partly explains why gold is not doing much and copper down 1.2%. in the energy complex today. one often seen as an industrial bellwether. those are today's market minutes. scarlet: for more on today's market action, let us bring in jim swanson. jim, great to speak with you. thank you for joining

mr cowen say that he supported cooperation between the states but not the formation of the united states of europe well is this the new normal in german politics because like them all loath them alternative for germany have the votes there in the parliament we've actually seen them growing in the polls of late one can't really presume that every time they say something that mrs merkel doesn't agree with she's got to decide she has somewhere else better to be. the role of well work has been bashed by the opposition meantime a prominent politician from germany second biggest party the s.p. day has been embroiled in a scandal can tell you about the country's best selling newspaper there has published what it thought was smoking gun evidence of russian meddling in the country's politics but in this rush to break the story the tabloid failed to check its sources and that backfired spectacularly word has got the story build thought they had a bombshell the makings of an international scandal here is the meat of it build that published a report about how the socialists the s.p.d. was trying to buy the se

they basically want the united states of europe.icy, which she and her others have already started has been brexit because the british joined a football clubs and then the euro union decided to play golf. guy: i have never heard brexit described that way but it is certainly an interesting way of thinking about it. one thing about this grand coalition or small coalition is that there is a desire to spend money. it does seem as if this is the sort of single debtor of the whole thing, spending some of the hard-earned gains over the last few years. do think they are on the right course there though? at thismany to invest point in time -- does germany need to invest at this point in time? >> they are basically trying to spend more money for social programs. independentd an analysis of this coalition program and of come to the result that 70% of the entire program is actually coming from the social democrats. they are even the smaller partners. this coalition and my view, is not really one which will improve german competitiveness in the

europe all ind of the united states. i am interested in your comments about europe. we understand we are not the united states of europe and don't have a federal response to it. i am delighted to say we have guest officers from tsc, which is making the border safer for the u.s. and greece and italy. my question is, and a very broad question, but i would like one answer if you can. europe, fromthink your visits centex -- inspections, where will the shoe pinch? where do we need to go? we are doing what we can post attackscks, hebdo -- including attacks on americans, the jewish community, and not just isis. other factions in the middle east. if you have one area you think we can focus on, not just pm now where we can improve in cooperation with the united states? just got back from a delegation there and i went to one a couple of years ago. when i went a couple years ago before things went bad in western europe, there was a prevailing feeling that we know it is coming -- our citizens don't have the stomach to do the necessary things. itn i came back this time, is remarka

united states of america. a notorious piece of legislation those excluded from america included people from italy, eastern europe, japan, asia and jewish people. that was the immigration policy of the united states of america because of that bill in 1924 the last time this chamber has made such a dramatic cut illegal immigration to america it was a source of embarrassment for decades to establish quotas to say we want america to look a lot different than if other immigrants came to this country thankfully in 1865 it was changed those quotas that were criticized to be sensitive to the realities of world population of america now the trump administration wants to cut legal immigration main by 44% since the horrible bill passed in 1924. i will tell you what else it would do. the unaccountable slush fund of $25 billion for a border wall that mexico was supposed to pay for. $25billion i think that is more than the annual appropriation from national institute of health. $25billion the president wants no strings attached. with where and when and how he wants that is fraud and waste in invitation for money to be spent o

the space station is a cooperative program between the united states, europe, russia, canada, and japant trump's daughter-in-law was taken to the hospital after she opened an envelope that contained white powder. new york city police say the substance was deemed to be nonhazardous. vanessa trump called 911 this morning after opening a letter addressed to her husband, donald trump jr. police say she was coughing and felt nauseous. the substance is now being analyzed at a lab. donald trump jr. tweeted today, quote, thankful that vanessa and my children are safe and unharmed after the incredibly scary situation that occurred this morning. truly disgusting that certain individuals choose to express their opposing views with such disturbing behavior. >>> after being battered by hurricanes irma and maria months ago, americans in puerto rico are still suffering. millions remain without power and clean water is still unavailable in some areas. but despite the hardships, progress is being made. abc news reporter lynda lopez traveled to the island with her sister, actress and singer jennifer lope

member states but not the formation of the united states of europe well is this the new normal in german politics because like them or loath them alternative for germany have the votes there in the parliament we've actually seen them growing in the polls of late one can't really presume that every time they say something that mrs merkel doesn't agree with she's going to decide she has somewhere else better to be it all over in berlin coming out the latest on one of the most curious stories of the week now to russian curlers have been stripped of their bronze medals at the winter olympics in south korea with all the details after a short break. when you. see the. north through space. let me know. that. you speak french. join me every thursday on the alex salmond show and i'll be speaking to guests of the world of politics sport i'm sure. i'll see you then. i'll get welcome but thanks for watching i'll see live from moscow so to say one of the most curious stories of the week two olympic athletes from russia have now been stripped of their bronze medals in curling by the court of arbitrati

we of started to see the selling pressure in the united states, europe also began to selloff.ished on the lows of the session. 2.6% down for the german market. this is a global issue we are seeing. the pressure across equity markets. plenty more to come. this is bloomberg. ♪ ♪ scarlet: it is time for the bloomberg business flash. a look at the stories in the news. blackrock wants to raise more than $10 billion to buy stakes in companies, according to a person family with the matter. the money manager would make investments on things like the growing middle class. surging, despite reporting lower revenue for the first three months of the fiscal year. the company predicted advertising sales will return to growth within the year. that is your business flash update. up, down to the wire as lawmakers hammer out a deal to avoid a government shutdown. we will speak with alabama congressman and has freedom caucus member, mo brooks. from new york, this is bloomberg. ♪ >> from bloomberg world headquarters, this is bloomberg markets. i'm scarlet fu. when need to check in with julie. this

around the world eighteen years ago over half of the world's steel market was shared by europe the united states and china but by twenty sixteen china had gobbled up market share and the steel industry in the u.s. and europe went into steep decline. measures adopted by both brussels and washington to stop the inflow will keep chinese steel were useless in the meantime the united states is a virtually stopped buying chinese steel steel from europe now represents fourteen percent of imports so if the u.s. makes more moves to curb imports of foreign steel they will definitely be more damaging to european than chinese steel makers european companies like to sing and . are likely to be the first to be affected. and that's it from me and the business team. have an update for you in the next hour in the meantime do check out twitter and facebook accounts before you go is a real time check on global markets. thank you very much wolf. claim such claim cut cut cut cut. cut cut cut. cut. costs three and a half decades of germany's excuse to play live for jamie lynn reconcile the trams of. legislative commi

we've seen over eight hundred thousand tweets just searching for muller mainly coming from the united states europe australia as well as some posts coming from russia now are seeing two arguments some have dismissed that the allegations are real saying that the interference actually had no interference on the outcome of the election here's a tweet from alexei kovalev he says that he's downplaying the role of the thirteen russians involved calling them underpaid journalists from failing local news outlets adding that the internet research and agency was the only place that would employ them and then chris hayes from m s n b c says that this whole discussion about whether the russian operation impacted the outcome of the election is ridiculous because it is in a deep sense unknowable and also not the point but then you have dan pfeiffer the former advisor to president barack obama he responded with this saying that in a race decided by eighty thousand votes over three states everything matted. then professor richard painter thinks that this is about the social media side of the russians a version and

there's a lot of exporting from places like the united states into europe. power is a theme in europe and the united states. this administration has a particular view on power. what does that bode for blackrock, with lots of money for renewables, but not the things the administration will be back in? the challenge, and while the policy objective is a good motive for certain subsectors of society, fundamentally the economics mean it's impossible to read the fundamental shift can be addressed in a material way. renewable power gas is just cheaper and ultimately, that wins out. vonnie: what about commercial real estate question mark concerns that there might be over valuation in the united states. are you still finding room to invest? an: we are looking for opportunity. a lot of our clients just want data. at the lower risk end, you are looking to buy high-quality buildings and property, with strong tenant profiles and cash flow characteristics. not too far up, we wouldn't be more at the more development or opportunistic end. we are focused more on finding oppor

i am the head of europe policy in the united states. i am interested in your comments about europe. we understand we are not the united states of europe and don't have a federal response to it. i am delighted to say we have guest officers fed by u.s. intelligence from tsc, which is making the border safer for the u.s. and greece and italy. what my question is -- my is, and it is a very broad question but i would like , one answer if you can. where do you think europe, from your inspections, where will the shoe pinch? where do you think we need to go? we are doing what we can post the attacks, charlie hebdo -- we have had fairly horrendous attacks on our people, including attacks on americans, the jewish community, and not just isis. we have had other attacks that have come from other factions in the middle east. if you have one area you think we can focus on, we are looking at it closely, but something where we can improve in cooperation with the united states? >> i just got back from a delegation there and i went to one a couple of years ago. and when i went to one a couple years ag

. - taking down democratic institutions, belittling democracies in the united states, in europe and elsewhere, helps putin in the story that he wants to tell, which is there is really no such thing as democracy. you have autocrats and hypocrites. that's all there is. - [narrator] perhaps nowhere has russia been more aggressive than in former soviet republics. (hype russian music) - [gfoeller] russians view them as countrymen. they don't really believe in the dissolution of the soviet union. certainly... (laughs) ethnic balks in the baltic states don't see it that way. (ominous music) - [narrator] in 2008, war broke out between russia and georgia. that five day war foreshadowed russia's annexation of crimea in 2014. - [nikolayenko] putin decided to take action and stop georgia's close cooperation with nato and the european union. so they decided to advance and create turmoil in the former soviet republic. - the west was basically looking at its shoes as he conducted this invasion, and he mistakenly assumed that he could do the same thing in eastern ukraine. and there he was surprised by ukrain

united states. the united states is an extreme example. even in western europe, we retreat with the social democracy, you rightly present militarymuch more alliances and military powers, as the basis of the western competing ideologically with the soviet union. what happens now? when the whole structural basis of this is now very much in question. thisthe recent defense of just a few days ago, this is the sort of thing that framed since the beginning of the 1970's. very quickly, my view of the clinton administration is a little bit different, i see destroyer being the of failure. we had this incredible business you name theving, self-determination, as the croatians expel 400,000 people, i no a single word about that. there is not one index mention of ukraine. this apparent inconsistency which bothers -- borders on in poverty. is the basis of the clinton administration and the aspects of american foreign-policy which has indeed been magnified with the passage of time. mel: the first point about the structure of social democracy which were put in place in the late

easily as it did you , would have never known what was happening in the equity market in the united states and europeis the rest of the world, why is the bond market holding up this well in europe? rob: it's all about the drivers of this correction. as i said before, we think it is inflation that is the driver. when inflation is the driver, inflation is good for spain and italy and greece. it is good across most emerging markets. many people would think it is surprising the mexican peso is up 4% year-to-date. there's been virtually no volatility. spain has rallied year-to-date. it's the assets that have the most overpriced valuation having kicked into a correction by this inflation scare. that would be bunds and treasuries, and that has kicked over into the u.s. equity markets. those assets will benefit. greek bonds have done quite well. bonnie: the eu has to inflate its way out of the debt. in a way it is good for them. i would also point out the ecb has been buying a lot of credit. even though the program is a lot smaller, only 30 billion, they are buying the same amount of credit as they were when

member states but not the formation of the united states of europe well is this the new normal in german politics because like them all loath them alternative for germany have the votes there in the parliament we've actually seen them growing in the polls of late but one can't really presume that every time they say something that mrs merkel doesn't agree with she's got to decide she has somewhere else better to be. well it has been an eventful day in the german parliament shortly after the incident that peter was describing their m.p.'s clashed during a debate on battling the veil proposed by the nationalist party. the book at. work is the oath for the manifestation of islamic culture the tour and so women being veiled would be a fateful sign that our constitutional state is falling back under the cultural colonization of radical islam our fundamental values are here to people who are free and equal the full covering is a signal that there isn't a will to participate in our open society even polygamy little dear colleagues a wolf in sheep's clothing sits in our bundestag this proposal i

member states but not the formation of the united states of europe well is this the new normal in german politics because like them all loath them alternative for germany have the votes there in the parliament we've actually seen them growing in the polls of late but one can't really presume that every time they say something that mrs merkel doesn't agree with she's got to decide she has somewhere else better to be. it was busy in the bundestag shortly after the incident peter described the german lawmakers debated a motion from the f.t. to islamic face coverings the book. is the oath for the manifestation of islamic culture the tourists or women being veiled would be a fateful sign that our constitutional state is falling back under the cultural colonization of radical islam our fundamental values i adhere to people who are free and equal before covering as a signal that there isn't a will to participate in our open society even colleague and. dear colleagues a wolf in sheep's clothing sits in our bundestag this proposal isn't motivated by the stated reasons but rather as the applicant

we've received, actually, many phone calls from physicians and doctors from the united states and europehe evacuation, fly to provide consultation for patients, to help them, and also to monitor the hospitals to ensure that those hospitals are as transparent and civilian structures as they are, and that will be needed. that is a crucial issue because, very often, the rebels have been accused of using medical facilities as human shields, as places for them to hide. well, from our standpoint of view, we have been always offering, sharing the hospitals, providing live streaming from the hospitals. we are asking for it to be monitored on the ground to ensure that our hospitals are transparent, and we are asking how will you protect us from the air strikes? 0k. so, that has been the problem and people are saying we are going to go inside and go inside to provide that as well, to make sure that our staff are safe from attacks in syria as well. nigerian parents who fear their daughters have been abducted by boko haram jihadists have released a list of 105 names. up to now, it had not been clear

question right here. >> i'm very interested in your comments about europe and we fully understand we are not the united states of europe and there we -- we don't have a federal response to a. i am delighted to stay -- say we have guest officers from tsc actually making the border saver for the u.s.. -- uestions my question is and it's a very broad question, but i would like to have one answer. --re do you think europe where does the shoup inch -- shoe pinch? again withbled attacks. we've had some horrendous attacks. gooding attacks from the jewish community, not just all isis. we've had other attacks from other factions in the middle east. if you have one area you think we can focus on, not just pnr, we are looking at that closely. something where you can think we can improve especially in terms of the united states. >> i just got back there from a couple months ago. what i went one a couple years ago before things broke bad in western europe, there was this prevailing feeling that we know what's coming. our citizens don't have the stomach to do the necessary thing. when i came back, it is a markable how much

united states. it may be in the united states. it may be in the united states, it may be in europe, which is going gangbusters.s been encouraging for emerging markets, we did not see that drain of capital. remember when they started, when they had ill fate of rate hikes in the fed a few years back, it was all that money being sucked out of emerging markets. we have not seen that happening yet. at this point we all have to be poised and wait. volatility is certainly back. in the last few years we have had an initial period. the bull run went on and on and on. we have in waiting for this moment for quite sometime. when it did arrive it was extremely extreme... there is this thing called the vics, the volatility index. it went up to 50 and down to 31. yesterday the dow jones was down on top of the day before. the volatility, it was at historic highs. but we wanted volatility back, now we have it back. indeed. there we are. we are back. indeed. there we are. we are back on track will stop the financial times dedicates half of its front page to the markets. the other half is the german union wins a28 other half is

but you as a middle east analyst, do you see any opportunity for action from the united states, from europe, without putting boots on the ground at this point? >> no, not without putting boots on the ground. but there are boots on the ground. there's enough boots on the ground. there's enough military forces there. europeans are there with the air forces. unfortunately, we don't have enough time to talk about tangible solutions for the syrian conflict. but yes, political initiative would be enough. on the other hand, to be very honest -- this is not my opinion, but i'm telling you what i think is going on in european capitals -- everybody wants this war to be over. everybody in fact knows that the current situation in place -- the only way this war can be stopped looking at the way the syrian regime misbehaved so far, is for the syrian regime to achieve total victory, at least in the damascus area. at the same time, everybody talks about wanting to keep up the balance of power and putting pressure on the syrian regime to enter negotiations. there have been negotiations without any results.

its very specific lords into jurisdictions where the markets exist for example the united states united kingdom even europe. china or wherever but it does it in a tax efficient way on the understanding that the investments that are made in those jurisdictions will pay tax in accordance with the laws of those jurisdictions it's efficient structuring that is the basis of the cayman island success story well but i'm not suggesting that that became a law islands or any other destination for example in the caribbean i doing anything illegal i'm just asking whether you think they're essentially capitalizing on the inefficiency of others is it just a matter of tax competition for you that they certainly do capitalize on the inefficiency with regard to the ability to create efficient legal structures for onward investment that's the key point the cayman islands has a common law system which is very very well respected and is very attractive to international investors who wish to find a jurisdiction in which they can pool their money for on what investment well let's explore the attractiveness of those investments

its very specific lords into jurisdictions where the markets exist for example the united states united kingdom even europe. china or wherever but it does it in a tax efficient way on the understanding that the investments that are made in those jurisdictions will pay tax in accordance with the laws of those jurisdictions it's efficient structuring that is the basis of the cayman island success story well but i'm not suggesting that this became a law islands or any other destination for example in the caribbean i doing anything illegal i'm just asking whether you think they're essentially capitalizing on the inefficiency of others is it just a matter of tax competition for you that they certainly do capitalize on the inefficiency with regard to the ability to create efficient legal structures for onward investment that's the key point the cayman islands has a common law system which is very very well respected and is very attractive to international investors who wish to find a jurisdiction in which they can pool their money for on what investment well let's explore the attractiveness of those investments

we've received actually many phone calls from physicians and doctors from the united states and europeorrow and fly to provide consultation for patients, to help them and also to monitor the hospitals, to make sure that those hospitals as transparent and that will be needed. that is a crucial issue because very 2:2’ 7 will be needed. that is a crucial issue because sharing ass-2 ~ will be needed. that is a crucial issue because sharing we ass-2 ~ will be needed. that is a crucial issue because sharing we are sis-2 ~ us us from the is? and . from the a f; —— ~ 325 and we im the a 575: ~ ~ 315 and we are he a 33 —— ~ -m lifted, ahead of the closing ceremony at the winter olympics in south korea later on sunday. that decision now means that the russian athletes, who were allowed to compete as neutrals, cannot march under their own flag. two russian athletes failed drug tests in pyeongchang. and so, that might have contributed to the reasons for them not letting their march under the flag. —— them. meanwhile, a high level delegation from north korea has crossed into south korea to take par

member states but not the formation of the united states of europe well is this the new normal in german politics because like them all loath them alternative for germany have the votes there in the parliament we've actually seen them growing in the polls of late but one can't really presume that every time they say something that mrs merkel doesn't agree with she's got to decide she has somewhere else better to be when i was an eventful day in the german parliament shortly after the incident peter was the scribing m.p. . bateson banning the veil proposed by the f.t. . the book at its work is the oath for the manifestation of islamic culture the tourists or women being veiled would be a fateful sign that our constitutional state is falling back under the cultural colonization of radical islam our fundamental values i adhere to people who are free and equal the full covering is a signal that there isn't a will to participate in our open society even colleague and. dear colleagues a wolf in sheep's clothing sits in our bundestag this proposal isn't motivated by the stated reasons but rathe

united states. we understand we're not the united states of europe and we don't have a federal response to it. i'm delighted to say we have guest officers fed by u.s. intelligence from tse which is making the border safer for the u.s. in greece and italy. my question -- >> nypd too right? >> nypd as well. it's a broad question and i would like one answer if you can. where do you think europe from your visits and inspections, where does the shoe pinch, where do you think that we need to go -- we're doing what we can post the attacks and we've had the battle clan, charlie -- and attacks on people and americans and jewish community, targeted attack it is. we had others in the middle east. if you have one area that you think we can focus on not just p and o but somewhere you think we can improve in terms of cooperation with the united states? >> i just got back from there a couple of months ago on a delegation and i went to one a couple of years ago. when i went to one a couple of years ago before things broke bad in western europe. there was a prevailing feeling that we know it is coming but we c

for final spread, monday is president's day in the united states, and the europe by ministers will balland get minutes from the fed, the bank of england, and governor mark carney will be addressing the committee. i had any mail about the issuance coming from the treasury, specifically t-bills. is there going to be insatiable demand the treasury needs as they wrap up issuance in the coming months? i doubt that very months and looking at the short and is going to be important because you have supply from the treasury and you have also got companies that are now using their cash. out, they are in dollar investments but in short duration investments, so when those holdings that sold, those yields will be a lot higher. it means the short end is going to be where the attention should be. jonathan: jeff rosenberg, your thoughts? kathleen, agree with because the repatriation, and your broader question, we are going to have this theme for a while, a lot of issuance to come. it is not so much that the man the demand in price, where will issuance and up? we are talking about the curve impact, if i

perhaps we have done slightly better in europe an the united states. the backlash in europe in my view is slightly less than here. the other element with globalization though it has nothing really do to with trade, of course linked to it, the issue of immigration and a sense of cultural identity which in my view tend to get mixed up, the issue of economics and cultural identity. it is absolutely clear in answer to your first question it would be an act of enormous self-harm if our societies seek to close borders, do less trade, all reasons of i've indicated. trade is driver of increased prosperity for our countries and our regions and for the rest of the world. we should not forget the position of least-developed countries who desperately need trade opportunities in order to continue ton their path from, from low level of development to improved prosperity and welfare for their citizens. >> so, how do, i think it is incumbent upon us, those of us who support and benefits that open borders can bring. how do we deal with some of the issues or help, you kn

the united states and europe request a sustainability test so that the story of being used for bio diesel can be checked argentina has been certified and credited for this. argentina says it will file a complaint against the united states at the world trade organization in the meantime factories here will have to find new overseas markets if they are to save the industry and precious jobs. i didn't hear. doctors in the u.s. are trying to manage the worst flu outbreak in a decade fifty three children have died this winter and flu related hospital admissions archon all time high people are being urged to get the flu vaccine but there are questions about its effectiveness kristensen new reports. hospital emergency rooms across the country are inundated with sneezing coughing sniffling patients in atlanta georgia grady memorial hospital opened a temporary mobile emergency room and closed in plastic tents to handle a twenty five percent increase in visits in the month of january the flu this year has been dangerous for volume in the emergency department has reached a critical number and not on

garland say that he supported cooperation between member states but not the formation of the united states of europe well is this the new normal in german politics because like them or loath them alternative for germany have the votes there in the parliament we've actually seen them growing in the polls of late but one can't really presume that every time they say something that mrs merkel doesn't agree with she's going to decide she has somewhere else better to be. charlie after the incident peter described to german lawmakers debated a motion from air fifty to ban islamic face coverings the book at. work is the oath for the manifestation of islamic culture the cholent so women being veiled would be a fateful sign that our constitutional state is falling back under the cultural colonization of radical islam our fundamental values are here to people who are free and equal the full covering is a signal that there isn't a will to participate in our open society even colleague and. dear colleagues a wolf in sheep's clothing sits in the uk this proposal isn't motivated by the stated reasons but rather a

the united states and europe request a sustainability test so that the story of being used for bio diesel can be checked argentina has been certified and credited for this. argentina says it will file a complaint against the united states at the world trade organization in the meantime factories here will have to find new overseas markets either there to save the industry and precious jobs or. argentina laos is investing investing billions of dollars in i have a speed rail line being built by a chinese company it will run from you know in southern china to the laotian capital. in the side of our ports on global trade routes wayne hale reports from the bank in laos. these normally quiet previously untouched hills of northern laos and they are filled with the sights and sounds of heavy construction around the turn of the one problem rapid progress is being made on a chinese built high speed train line it will cut through here and cross the mekong river on its way from southern china to the lao capital vienna. the communist government of law says it wants the landlocked country to become a l

of its military power. - clearly the international liberal order that was ushered in by europe and the united states in the post world war two period is in a crisis mode and is certainly under attack. and countries like russia and china, but also others, see this as an opportunity to carve out a place for themself. - the russians worry about liberal ideology and how that might endanger putin's government. in iran there's a strong sort of dislike of the american backed order in the middle east. then you have al qaeda and you have isis and the broader movement of jihadism that rejects the kind of world that american policy's been trying to build. - the pax americana is definitely showing signs of strain. you can see it in russia's invasion of crimea. you can see it in the world's struggle to respond to transnational problems like climate change and cyber theft. - [narrator] a shifting political dynamic has prompted many to wonder if pax americana is on the wain. - the west isn't done yet. the west is still in this fight. but clearly there are trends and shifts in the international system that are no l

in the united states. in europe, it's an industry that has been maturing for the last 25 years. it is an industry that employs well over -- that supports well over 50,000 direct jobs in germany and the uk. in denmark and other places, and it's powering millions of homes. it's all coming to the united states. there are five windmills, offshore windmills, the first in the country right off of the coast of rhode island that power block island, rhode island. but in the years ahead, states like rhode island, again, but also massachusetts, new jersey and new york and really maryland, all the way down the eastern seaboard are jumping in as well as the likes of honolulu, mayor caldwell -- or i should say hawaii. the gulf, the great lakes around cleveland and many other places that are within view of major bodies of water. and the reason for that is this, the technology has evolved, has improved very rapidly in the few years such that it is foreseeable in the years to come that offshore wind will be cost competitive with fos

past but that said the problem here is if this prolongs and if we see a downturn in the united states and europe obviously what will happen is that there will be a lot of money flowing in safe haven money into the yen which basically it's a yen obviously that would result in a very bad earnings forecast for japanese exporters that would be a very big negative scenario for the japanese authorities thirty people have been killed in syrian government and russian as strikes in eastern hooten near the capital damascus syria's government has also deployed new anti aircraft missiles to the front lines in aleppo and where it's battling rebel fighters the area's been seen more fighting and bombing in recent weeks with hundreds of civilians killed the new weapons follow the downing of a russian fighter jet five rebels on saturday turkey's president wretch have type two and says military operations and serious african and italy province will continue with no set deadline. he says at least a thousand members of kurdish groups including the p.k. k. have been killed last month in turkey launched the offensive

member states but not the formation of the united states of europe well is this the new normal in german politics because like them or loath them alternative for germany how are the folks there in the parliament we've actually seen them growing in the polls of late but one can't really presume that every time they say something that mrs merkel doesn't agree with she's going to decide she has somewhere else better to be. it's been an eventful day in the german parliament shortly after the incident peter described m.p.'s plus during a debate on bowling the video proposed by the f.d.a. . the book. work is the oath for the manifestation of islamic culture the cholent so women being veiled would be a fateful sign that our constitutional state is falling back under the cultural colonization of radical islam our fundamental values are here to people who are free and equal the full covering is a signal that there isn't a will to participate in our open society legal colleague and. dear colleagues a wolf in sheep's clothing sits in our bundestag this proposal isn't motivated by the stated reasons

member states but not the formation of the united states of europe well. is this the new normal in german politics because like them or loath them alternative for germany have the votes there in the parliament we've actually seen them growing in the polls of late but one can't really presume that every time they say something that mrs merkel doesn't agree with she's got to decide she has somewhere else better to be. shortly after the incident peter described german lawmakers debated a motion from the f.d.a. to ban islamic face coverings the book at. work is the oath for the manifestation of islamic culture the tour and so women being veiled would be a fateful sign that our constitutional state is falling back under the cultural colonization of radical islam our fundamental values are here to people who are free and equal the full covering is a signal that there isn't a will to participate in our open society even polygonal call it dear colleagues a wolf in sheep's clothing sits in our bundestag this proposal isn't motivated by the stated reasons but rather

member states but not the formation of the united states of europe well is this the new normal in german politics because like them all loath them alternative for germany have the votes there in the parliament we've actually seen them growing in the polls of late but one can't really presume that every time they say something that mrs merkel doesn't agree with she's going to decide she has somewhere else better to be shortly after the incident peter describe the german lawmakers debated a motion from the f.t. to ban islamic face coverings. the book. is the oath for the manifestation of islamic culture the tour and so women being veiled would be a fateful sign that our constitutional state is falling back under the cultural colonization of radical islam our fundamental values are here to people who are free and equal the full covering is a signal that there isn't a will to participate in our open society the beleaguered. dear colleagues a wolf in sheep's clothing sits in our bundestag this proposal isn't motivated by the stated reasons but rather as the applicant has already claimed to th

its very specific lords into jurisdictions where the markets exist for example the united states united kingdom even europe. china or wherever but it does it in a tax efficient way on the understanding that the investments that are made in those jurisdictions will pay tax in accordance with the laws of those jurisdictions it's efficient structuring that is the basis of the cayman island success story well but i'm not suggesting that this became a law islands or any other destination for example in the caribbean i doing anything illegal i'm just asking whether you think they're essentially capitalizing on the inefficiency of others is it just a matter of tax competition for you that they certainly do capitalize on the inefficiency with regard to the ability to create efficient legal structures for onward investment that's the key point came a lot of has a common law system which is very very well respected and is very attractive to international investors who wish to find a jurisdiction in which they can pool their money for on what investment well let's explore the attractiveness of those investments a lit

refugees many used the country as a transit point to go to a stray or to be resettled in the united states or europe but more than fourteen thousand have been stuck here after most countries closed their borders. he was seven when she arrived in indonesia four years ago she and her family barely survived a journey when their boat sank where we have other money had spread so my my father can support that so i can't stand him so that's why we are slipping. but immigration officials say they can't let the refugees in the detention center is already overcrowded inside the detention center conditions are even more grim three hundred refugees have been detained in a place with a capacity of only one hundred to gather in a small room many have fallen ill refugees who have been waiting for many years to be resettled to another country have now become prisoners in indonesia many refugees hope international organizations will take care of them as soon as they are detained but the un agency for refugees to un h. e r says there's not enough money to help all the refugees stuck in indonesia. increasingly some ha

member states but not the formation of the united states of europe well is this the new normal in german politics because like them or loath them alternative for germany how are the folks there in the parliament we've actually seen them growing in the polls of late but one can't really presume that every time they say something that mrs merkel doesn't agree with she's going to decide she has somewhere else better to be well shortly after the incident peter was describing german lawmakers debated a motion the e.f.t. to ban islamic face coverings. the book. work is the oath for the manifestation of islamic culture the tour and so women being veiled would be a fateful sign that our constitutional state is falling back under the cultural colonisation of radical islam our fundamental values i adhere to people who are free and equal the full covering is a signal that there isn't a will to participate in our open society even polygamy. dear colleagues a wolf in sheep's clothing sits in our bundestag this proposal isn't motivated by the stated reasons but rather as the applicant has already clai

the united states and europe request a sustainability test so that the story of being used for bio diesel can be checked argentina has been certified and credited for this. argentina says it will file a complaint against the united states at the world trade organization in the meantime factories here will have to find new overseas markets if they are to save the industry and precious jobs. as. argentina the u.s. secretary of state is in argentina on the second stop of his five nation tour of latin america rex tillerson is expected to meet is a luncheon time counterpart on sunday is using the tour to improve relations between the u.s. and its allies on friday him at mexico's president to ease worries over donald trump's comments on immigration and trade is also looking to drum up support for washington's tough stance on venezuela's president nicolas maduro. a judge has ordered that the passport of brazil's former president lula da silva be returned to him it was taken just last week just before it was about to go aboard a flight sharif you know pier for a un conference where fears he would

united states. it drives me crazy. talking tonot always ice over in europe. that blows my mind. i grew up on task force concepts, where you three dea it is, 330 cost, four state police and say "let's go after this organization. "ut your swords down. they all share the information. you have to do this before they become something much worse. and then, have it so information sharing is better between western europe and the united rates. that, theou can do better we are going to be. i have seen this, a tremendous amount of progress in just a couple of years. you guys have got some pretty horrific incidents. charlie hebdo and some of those. it is going in the right direction, but information sharing is probably the key. >> can i underscore, we have done a lot of work with euro poll. i have got to say, they have contributed greatly, especially in cyber as well as some of the counterterrorism issues and in terms of the transporter takedown, and how the private sector integrates with law enforcement. there is a lot we can learn .here ultimately, it is not a government set of solutions a