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it was germany that the. president chose as his destination for the first official visit outside but. what does this symbolic choice mean for the relations between russia and germany and between russia and europe in general europe which is now in the grip of an economic turmoil who asked this and other questions to a prominent expert and international relations in germany. blood imprudence travel plans have received a lot of media attention lately. in america and went to. germany. contra to visit us president germany has long been brushed. and one of the biggest markets. russia germany is worth a record. two countries are also working together. which would deliver russia directly to its first line was launched. welcome to the show thank you very much for being with us well first of all how was it seen here in germany that mr putin chose berlin as his first destination in the first foreign nation outside the space. schools of thought in germany concerning russia one is very interesting ethic about russia this
it was germany that the. president chose as his destination for the first official visit outside but. what does this symbolic choice mean for the relations between russia and germany and between russia and europe in general europe which is now in the grip of an economic turmoil who asked this and other questions to a prominent expert and international relations in germany. blood imprudence travel plans have received a lot of media attention lately. in america and went to. germany. contra to...
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and germany. it says the move came in retaliation for the recent boys from europe and norths on- america. fighting between rebels and government troops has intensified in several syrian cities, days after rebels said they would no longer need the united nations-sponsored cease- fire. a u.s. jerome strike in pakistan has reportedly killed al qaeda's deputy leader. a u.s. official said he was confident the men had died in the attack this week. >> german doctors treating yulia temocheko doubt she will ever recover if she remains in custody. she is in jail for abuse of power. rights organizations and western politicians continue to push for her release. and german chancellor angela merkel and her economics minister have been meeting with employer and union leaders to discuss how to topple the country's shortage of skilled workers. germany primarily faces a shortfall because of the country's low birth rate and also aging population. >> experts are predicting there will be a shortfall of millions of wor
and germany. it says the move came in retaliation for the recent boys from europe and norths on- america. fighting between rebels and government troops has intensified in several syrian cities, days after rebels said they would no longer need the united nations-sponsored cease- fire. a u.s. jerome strike in pakistan has reportedly killed al qaeda's deputy leader. a u.s. official said he was confident the men had died in the attack this week. >> german doctors treating yulia temocheko...
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germany. contra to visit. president germany has long been brushes. and one of the biggest markets. russia germany trade was worth the records. countries are also working together. which would deliver russia. its first line was launched in. hello mr brown welcome to the show thank you very much for being with us well first of all how was it seen here in germany that mr putin chose berlin as his first destination in europe first foreign destination outside the post seven space you know we have two. schools of thought in germany concerning russia one is very interesting ethic about russia this is a business community and the into the ethical way of course welcomed mr putin here in germany and they understand that for mr putin they can do business with russia and as long as he's in power they will face stability on the russian market and this simply see no alternative to him and can't imagine any real alternative for him in the next six years there's another small school of thought that a lot of i would say moralists liberals here in germany who would rather like to conduct a policy or
germany. contra to visit. president germany has long been brushes. and one of the biggest markets. russia germany trade was worth the records. countries are also working together. which would deliver russia. its first line was launched in. hello mr brown welcome to the show thank you very much for being with us well first of all how was it seen here in germany that mr putin chose berlin as his first destination in europe first foreign destination outside the post seven space you know we have...
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when you saying we are in a clearly germany are you really the un germany of course germany is also in the crisis of can't avoid this i enjoy many isn't a crisis but what should be said about greece and spain the. greeks are somewhere else than the crisis but europe is in the crisis but europe is not falling apart and they are scenarios of what might happen i mean one of the scenarios which is widely discussed in europe is a change of the euro zone i mean greece will leave the euro zone but poland will become a member of this euro zone a stone member of this or a zone sweden will enter the results will not catastrophe i think will happen the problem is that the aura zone will change and greece will leave and the thousand countries will also maybe have problems and staying in that or a zones like italy spain and portugal we will deal with a different europe we are you talking about greece leaving the euro zone is something normal but many other people including financial risk would say this is castro this is the end of the euro well there are already troubles and i and the markets today
when you saying we are in a clearly germany are you really the un germany of course germany is also in the crisis of can't avoid this i enjoy many isn't a crisis but what should be said about greece and spain the. greeks are somewhere else than the crisis but europe is in the crisis but europe is not falling apart and they are scenarios of what might happen i mean one of the scenarios which is widely discussed in europe is a change of the euro zone i mean greece will leave the euro zone but...
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germany. and the u.k. you know at the head of the salacious larcenous tick paul i truckers that are undermining the integrity economy and sovereignty of these underlings but as long as the greek drama continues as long as that economy falters the euro will continue to trade lower than it would be if it were just a door to mark a loan which is great for germany or new paymasters salute to germany greek people hahaha stacy herbert thanks so much for being on the kaiser report thank you max don't go away much more coming away stay right there. download the official. to i phone or i pod touch from the i.q. sample to. watch on t.v. life on the. video on demand atienza live broadcasts and r.s.s. feeds now in the palm of your. question on the t.v. dot com. it's . bring on the. welcome back i'm max kaiser this is the kaiser report's time now to go down under in australia and speak with das author of extreme money masters of the universe and the cult of rest das welcome back to the kaiser report max good to be with
germany. and the u.k. you know at the head of the salacious larcenous tick paul i truckers that are undermining the integrity economy and sovereignty of these underlings but as long as the greek drama continues as long as that economy falters the euro will continue to trade lower than it would be if it were just a door to mark a loan which is great for germany or new paymasters salute to germany greek people hahaha stacy herbert thanks so much for being on the kaiser report thank you max don't...
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germany against the netherlands. 1-04 germany at the 30th minute now. stay with us. -- 1-0 for germany at the 30th minute. stay with us. >> unimpeded access to education and knowledge in the same opportunities for everyone. a central goal of the global community, but what is the reality on the ground? education for all -- dw's multimedia special relates personal stories and highlights extraordinary projects the world over. find out more on the internet. dw.de/education for all. >> welcome back. in afghanistan, international troops are planning to withdraw from the country by 2014. nato, however, says it will not abandon afghanistan. >> the water international community has pledged its continued support in the way of hundreds of billions of dollars of aid, and yet, insurgent attacks occur on a daily basis, demonstrating that taliban militants remain a viable threat. >> it has been 10 years since time because i became president of afghanistan, and many are asking if he can maintain peace after coalition forces are gone -- it has been 10 years since hamid
germany against the netherlands. 1-04 germany at the 30th minute now. stay with us. -- 1-0 for germany at the 30th minute. stay with us. >> unimpeded access to education and knowledge in the same opportunities for everyone. a central goal of the global community, but what is the reality on the ground? education for all -- dw's multimedia special relates personal stories and highlights extraordinary projects the world over. find out more on the internet. dw.de/education for all. >>...
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thank you former american council of germany. i wonder if you could address the question of why hitler declared war on the united states after pearl harbor. i think this ges into the question of the irrationality of hitler. just like his whole plan to conquer europe at some level was irrational rksz especially invading. he fails. his first plan was to invade with operation sea lion and take england. that fails. so he decides that the way to
thank you former american council of germany. i wonder if you could address the question of why hitler declared war on the united states after pearl harbor. i think this ges into the question of the irrationality of hitler. just like his whole plan to conquer europe at some level was irrational rksz especially invading. he fails. his first plan was to invade with operation sea lion and take england. that fails. so he decides that the way to
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this is a germany that is incredibly pro-american. yes, germany had, the u.s. had entered the war against germany but late in the game. the main characteristic about the americans had was that they were not the french. while americans were sympathetic, ofteno economically in terms of trying to getm and just cultuy. and nowhere in europe was americanization what we now often call globalization more evident than in germany. everything from mass productions to hollywood productions to even the first traffic lights and plots were seen as creeping anti-americanism and largely welcomed. so you had all of this going on, which made this american community very, very big and very attractive to what they saw. and at the same time, though, you had the extremists. and one extremist was this local agitator in munich called adolf hitler. i asked myself who were the first americans to meet hitler at dand wh they think of him? and it turns out the first journalisptist to hitler is a man by the name of carl vonvegan, he comes from a immigraamily. he escapes from the family fm i
this is a germany that is incredibly pro-american. yes, germany had, the u.s. had entered the war against germany but late in the game. the main characteristic about the americans had was that they were not the french. while americans were sympathetic, ofteno economically in terms of trying to getm and just cultuy. and nowhere in europe was americanization what we now often call globalization more evident than in germany. everything from mass productions to hollywood productions to even the...
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immigration to germany from asia remains relatively low. overall, asians are the largest immigrant group, but only 2% go to germany, less than to any other oecd member country. >> if you have ever signed up on facebook to be a fan of a city, you may be surprised to see that the page might know longer be there. >> facebook has been cracking down on those pages, removing some of them. the network's policy is no one can have control over the name of a place and that the practice violates the sites terms of use. >> some of the world's biggest cities who want to have a social networking presents are being forced to come up with creative solutions. >> he runs hamburg.de, the city's official portal. he also runs a facebook page called simply hammer, which violates the websites guidelines. if he does not rename it, he could wake up one day to find it deleted. >> we have 683,000 fans, we do not just want to lose. every day, we answer questions and send out bulletins through facebook. it is one of the ways we communicate. we will simply have to give
immigration to germany from asia remains relatively low. overall, asians are the largest immigrant group, but only 2% go to germany, less than to any other oecd member country. >> if you have ever signed up on facebook to be a fan of a city, you may be surprised to see that the page might know longer be there. >> facebook has been cracking down on those pages, removing some of them. the network's policy is no one can have control over the name of a place and that the practice...
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the year two thousand and fourteen will be the year of russia in germany in the year of germany in russia. russia will be presented in germany and showcase here through more than a thousand of activities there will be an exposition titled germans and russians at thousand years of history culture in fine arts it will be opened in the historical museum. but our trade cooperation has increased by twenty nine percent. starting from the year two thousand and ten that shows dynamic development of our cooperation and next year. the chairmanship in the g twenty will be rushes and we will therefore cooperate in the international market as well we have also discussed. the eurozone and its current situation i have once again emphasized that you many will do everything in its capacity to preserve the euro as a stable currency and that the debt crisis and the. feeling that the efficiency crisis will be over as soon as possible we have also discussed the syria issue and the complex situation in that country. massacre which has exposed how difficult the human rights situation is in syria with both under
the year two thousand and fourteen will be the year of russia in germany in the year of germany in russia. russia will be presented in germany and showcase here through more than a thousand of activities there will be an exposition titled germans and russians at thousand years of history culture in fine arts it will be opened in the historical museum. but our trade cooperation has increased by twenty nine percent. starting from the year two thousand and ten that shows dynamic development of our...
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you think how do europeans feel about that about germany germany leaving the powerhouse of europe right now in for work for germany we'd be in a recession ross here to certain extent it's also expect the from germany to take the lead and to show more presence on the european called that. that that's a very difficult thing for germany to step out of its historical role. because up to now you're in the confined itself to zone territory and that's also a perfect for a while but it's expected if you look for example if you call this initiative asking for germany to be yes yes you have this weekend it will not be not long before that fast reference reparations which was kind of a ridiculous thing to do you know this is i was a professor of modern european history and i mean germany has a very important unique role in europe right now but at times it's damned if it does damned if it doesn't it's ok because of history. germans have done very well the german economies and very well off the euro lot of people forget that there's always was you know the greeks did the wrong thing the spaniards ha
you think how do europeans feel about that about germany germany leaving the powerhouse of europe right now in for work for germany we'd be in a recession ross here to certain extent it's also expect the from germany to take the lead and to show more presence on the european called that. that that's a very difficult thing for germany to step out of its historical role. because up to now you're in the confined itself to zone territory and that's also a perfect for a while but it's expected if...
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hopefully things will go germany's way. portugal perhaps not worldbeaters but certainly difficult opponents. >> thank you. we will be coming back to you one last time in a couple minutes. that match between germany and portugal is taking place in the ukrainian city, and the people there are getting to know a few hundred germans. >> our reporter went to see how the fans are getting on in their temporary home. >> 150 tents set up for german soccer fans at a campsite. they were among the first to arrive. they say their trip to the western ukrainian city has already been an adventure. >> the roads are really just one big word. our taxi driver drove pretty fast. >> i do not think any of us expect this to be your average let's go to spain holiday. we figure we're in for some surprises, but we are prepared. >> the tents cost 100 euros and night. not cheap, but a hotel would cost three times as much. the germans do not mind the basic accommodation, but they are surprised at how far away the city is. with no shuttle buses running ye
hopefully things will go germany's way. portugal perhaps not worldbeaters but certainly difficult opponents. >> thank you. we will be coming back to you one last time in a couple minutes. that match between germany and portugal is taking place in the ukrainian city, and the people there are getting to know a few hundred germans. >> our reporter went to see how the fans are getting on in their temporary home. >> 150 tents set up for german soccer fans at a campsite. they were...
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germany has to become less competitive fan and i guess that so many doesn't want this to help and that the financial crisis is happening i mean german wage increases are quite substantial at the moment and you seeing significant labor market reforms in spain and italy and liberalization of some of the closed shops that you had on the product side taxi drivers and so on so that there are moves afoot but these are quite slow moving changes the whole market remember in the nineteen nineties when. the some advisor james carville wanted to come back as the bond markets in his next life because everybody is scared of the bond market well i think that's what's happening in europe now now that we're seeing these bond yields for spanish and italian government debt rising up to levels that aren't sustainable over the long you know this this is really very specific to finance and i'm thing about people in the destiny of this currency here dmitri if i can ask you is it more integration is the only solution to this because you the status quo is not tenable obviously you can't win that no one really
germany has to become less competitive fan and i guess that so many doesn't want this to help and that the financial crisis is happening i mean german wage increases are quite substantial at the moment and you seeing significant labor market reforms in spain and italy and liberalization of some of the closed shops that you had on the product side taxi drivers and so on so that there are moves afoot but these are quite slow moving changes the whole market remember in the nineteen nineties when....
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against germany. >> that is true. everybody here at the summit and the european council -- they are all watching football here as well. we were expecting angela merkel to give her press conference before the game kicked off. she did not come. maybe that is a sign that things are not really going her way. she planned to speak to the press about an hour ago, and we did not hear anything by the press conference was postponed. it is true she is getting increasingly isolated. when you talk to people on the ground, they say they can understand germany's position, but, of course, the situation is very urgent in italy and spain, so we need quick solutions. attila merkel keeps saying we need to focus on really getting sustainable solutions -- angela merkel keeps saying we need to focus on really getting sustainable solutions, and we need joint responsibility before we can have job reliability. >> can we expect some kind of breakthrough tonight, or at least some type of compromise? >> the growth package that you have mentioned
against germany. >> that is true. everybody here at the summit and the european council -- they are all watching football here as well. we were expecting angela merkel to give her press conference before the game kicked off. she did not come. maybe that is a sign that things are not really going her way. she planned to speak to the press about an hour ago, and we did not hear anything by the press conference was postponed. it is true she is getting increasingly isolated. when you talk to...
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this is a germany that is incredibly pro-american. yes, germany had, the u.s. had entered the war against germany but late in the game. the main characteristic about the americans had was that they were not the french. while americans were sympathetic, often to them economically in terms of trying to get them back on their feet and just culturally. and nowhere in europe was americanizati americanizati americanizati americanization more evident than in germy. so, you had all of this going on, which made a -- this american community big and a track i have to what they saw, and you had the extremists, and one of them was this local agitator in munich called hitler. i asked myself who were the first americans to meet hitler and what did they think of him? and it turns out the first journalist to spend time with hitler is a man by the name of carl vonvegan, he comes from a german immigrant family. he has a great life story. he escapes from the family farm in iowa, he actually works for buffalo bill at one point. shows up on the west coast, becomes a wire service rep
this is a germany that is incredibly pro-american. yes, germany had, the u.s. had entered the war against germany but late in the game. the main characteristic about the americans had was that they were not the french. while americans were sympathetic, often to them economically in terms of trying to get them back on their feet and just culturally. and nowhere in europe was americanizati americanizati americanizati americanization more evident than in germy. so, you had all of this going on,...
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. >> germany's strength is not inexhaustible and germany power -- germany full power is not unlimited. -- germany's's power is not unlimited. >> merkel says individual country's debt should not be shared in the form of eurobonds. instead she was to encourage austerity and growth. >> both elements are a central. if we are to reach a sustainable resolution, we have to attack the crisis at its roots. the massive debt and lack of competitiveness of member states, as well as the like -- the lack of reliability for europe to follow its own rules. >> but the opposition wants germany to take the lead. for instance, in regulating financial markets. >> if a country with morec thana million people in europe, the strongest economy in europe, if such a country will not take responsibility for a courageous way for work -- who will? >> but so far, mattel -- merkel has stepped to hurt coarse. >> we will have more on the eurozone crisis later in the show. >> but first to this. be with you leaks -- the wikileaks leader julian assange has been fighting his extradition cases 2010. swedish prosecutors wan
. >> germany's strength is not inexhaustible and germany power -- germany full power is not unlimited. -- germany's's power is not unlimited. >> merkel says individual country's debt should not be shared in the form of eurobonds. instead she was to encourage austerity and growth. >> both elements are a central. if we are to reach a sustainable resolution, we have to attack the crisis at its roots. the massive debt and lack of competitiveness of member states, as well as the...
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next, brazil and germany. >> germany has a very attractive domestic market, infrastructure, and a high standard of training for workers. those are issues investors care about. >> many investors agree innovation is germany's real strength. but there is untapped potential. >> germany should put more effort into training, skill development, and certification of its employees in schools and universities. they should also encourage research and development with tax incentives like many of there european competitors to. >> according to the study, germany is seen as a pillar of stability and crisis-wrapped europe and a more attractive destination for foreign capital than its european neighbors. >> the markets have been reacting to moody's rating agency which has downgraded 15 of the world's most powerful financial institutions, saying the banks are all threatened by there exposure to the european debt crisis. drudge bank, barclays, goldman sachs are among the -- deutsche bank, barclays, goldman sachs are among the institutions that saw there ratings/. >> especially ratings in europe. of cours
next, brazil and germany. >> germany has a very attractive domestic market, infrastructure, and a high standard of training for workers. those are issues investors care about. >> many investors agree innovation is germany's real strength. but there is untapped potential. >> germany should put more effort into training, skill development, and certification of its employees in schools and universities. they should also encourage research and development with tax incentives like...
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germany was fine very fast. it didn't go into effect until january of 2005 and within 18 months germany was the colossus of europe from the sick man of europe but in a way i'm oversimplifying what the europe wants with the rest of europe, god if we can do this, this derag galatian, a reagan/thatcher, clinton welcome reform sort of moix tour, relaxing the rules on hiring and firing, if we can do that, certainly you can do that, but monti's given up, and so the price goes one the bonds, interest goes up, when he gives up on the notion that he's going to eliminate the requirements because you can't lay off anybody in italy without a court approval. i said this is one of the more liberal judges, he said "you cannot do what in italy?" i said you cannot fire anybody, it's also true of france. you can't fire anybody without a court approval. "without my approval" said the judge, i said yes. he said "that's insane." well it is insane, and today we learn in the "new york times" a european court of justice ruled that if y
germany was fine very fast. it didn't go into effect until january of 2005 and within 18 months germany was the colossus of europe from the sick man of europe but in a way i'm oversimplifying what the europe wants with the rest of europe, god if we can do this, this derag galatian, a reagan/thatcher, clinton welcome reform sort of moix tour, relaxing the rules on hiring and firing, if we can do that, certainly you can do that, but monti's given up, and so the price goes one the bonds, interest...
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and in terms of germany, remember, germany comes -- is hit by the hyper inflation, the economic collapse and beginning in the 20s, the middle of 20s, things stabilize. it appears germany is coming out of this crisis. it appears they're getting nowhere, politically. before the depression hit, i think they had 12 members of the right stock, it's nothing. a tiny, tiny party. >> there's a definite cause and effect here. but it's also hitler's personality that's driving this. and i think you're right, too, that many people were impressed, you know, everybody was hit by the impression. the united states was, certainly. and, at first, there was an instinct to say that any formula that begins to work somewhere is great. but, you know, the people -- the germans in -- the americans in germany at the time, i think many of them realize that much earlier than people elsz where that, you know, the price that was being paid for this. >> yes, right in front here? >> who, in your opinion, were the people who had the most harshest critics early on? >> i think for me, they were some of the real interesting
and in terms of germany, remember, germany comes -- is hit by the hyper inflation, the economic collapse and beginning in the 20s, the middle of 20s, things stabilize. it appears germany is coming out of this crisis. it appears they're getting nowhere, politically. before the depression hit, i think they had 12 members of the right stock, it's nothing. a tiny, tiny party. >> there's a definite cause and effect here. but it's also hitler's personality that's driving this. and i think...
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germany. and the u.k. you know at the head of the salacious larcenous to paul i truckers that are annoying as the greek drama continues as long as that economy falters the euro will continue to trade lower than it would be if it were just to do its work a loan which is great for germany or new paymasters so look to germany greek people hahaha stacy herbert thanks so much for being on the kaiser report thank you max don't go away much more coming away stay right there. we'll. technology innovation hold in these developments around russia we've got the future covered. welcome back i'm max kaiser this is the kaiser report's time now to go down under in australia and speak with das author of extreme money masters of the universe and the cult of rest das welcome back to the kaiser report max good to be with you all right dot's what about germany it's in is it at risk is applying and crazy game is it a game of chicken is german are the german people mad what's going on in germany and all those euro fandango cris
germany. and the u.k. you know at the head of the salacious larcenous to paul i truckers that are annoying as the greek drama continues as long as that economy falters the euro will continue to trade lower than it would be if it were just to do its work a loan which is great for germany or new paymasters so look to germany greek people hahaha stacy herbert thanks so much for being on the kaiser report thank you max don't go away much more coming away stay right there. we'll. technology...
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he said you have to talk real sense into people that he'd been a student in germany. he said there must be a way to have rational conversations. soon he realized with people in power. that was almost impossible. the meetings at hitler were incredibly stilted. he was discussed about what was going on especially after hitler murdered so many of his own followers that he really wanted to have as little to do with the government and the party as possible. it's commentable in many ways. it means he was limited in what he could do. his reports to the state department expressing displeasure were often treated skeptically. why isn't he talking to the nazis more. again the sentiment in the department with the exception of george messersmith and others. we can't let things get too far out of hand. we don't want another conflict. dodd didn't immediately have contact. somebody like messersmith predicted a conflict like william shira was earlier. they were seen as people who were just trying to bring bad news that no one wanted to hear. thank you very much. [ applause ] >> that wa
he said you have to talk real sense into people that he'd been a student in germany. he said there must be a way to have rational conversations. soon he realized with people in power. that was almost impossible. the meetings at hitler were incredibly stilted. he was discussed about what was going on especially after hitler murdered so many of his own followers that he really wanted to have as little to do with the government and the party as possible. it's commentable in many ways. it means he...
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in germany in. belgium and i think it's very easy to understand because the. establishment who has the most. profits from this story since ten years that is the german establishment and the dutch establishment and so in creating these false conception of the greek people you can say but no it's no not a problem of economy it's not a problem of the eurozone it is a problem of lazy greeks what about. the euro project some would argue that the question of whether or not the euro is needed to pursue a united europe is a moot question but the fact that it's what it was chosen as a single currency years ago means that the decision has been made and there's no turning back do you agree with this so you have a europe. organisation called the european roundtable of industrialists and they are. beyond the scenes really of most powerful organization over who has pushed this concept of one of euro. since the end of the eighty's in politics and so from the beginning all. european monetary union was conceived as a concept to create a big competitive europe that could compet
in germany in. belgium and i think it's very easy to understand because the. establishment who has the most. profits from this story since ten years that is the german establishment and the dutch establishment and so in creating these false conception of the greek people you can say but no it's no not a problem of economy it's not a problem of the eurozone it is a problem of lazy greeks what about. the euro project some would argue that the question of whether or not the euro is needed to...
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that russia that didn't russia into germany the b.b. has come out and said that they would actually like their pipeline to be extended further into great britain just one is also making sure that on the agenda the address the gas shortage particularly for the winter time it's only a couple of months away but you know they're getting grating gearing up for that they'll make sure that all their reserves. thought out and their stories for that get it's been a great year for gazprom and we're only waiting to see how their next financial year to this one. of the e.u. summit last night leaders agreed to lift opposition to putting out failed banks that should avoid the vicious national spending cuts which have left greece and italy on the brink with the voters voting against propane policies and focus on spanish lenders which say they're running out of the two percent on the dollar today on the back of the deal biggest growth since october it recovered yesterday's falls when there were fears your leaders would once again fail to come to agreem
that russia that didn't russia into germany the b.b. has come out and said that they would actually like their pipeline to be extended further into great britain just one is also making sure that on the agenda the address the gas shortage particularly for the winter time it's only a couple of months away but you know they're getting grating gearing up for that they'll make sure that all their reserves. thought out and their stories for that get it's been a great year for gazprom and we're only...
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Jun 25, 2012
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germany and the c.b. will ever pray publicly to say they stand fully behind the ural because if they did, they would be subject to moral hazard but did not make any mistakes. there is plenty of political willingness to do what is necessary and in the case of the european central bank, there is also plenty of financial firepower. in the ecb. this is the european central bank. what i mean by a fire wall, consider that to date, the european central bank has bought 3% of actual assets as a share of euro area gdp in the form of security market purchases and the to cover bond market programs they had. what that means is if the ecb i and an acute situation had to buy one trillion lira worth of spanish and italian debt, there would after that process only on 14% of euro area gdp in our right assets. that is less than what the federal reserve already owns. it is much less than what the bank of england owns as a result of quantitative easing. you should ask yourself is it credible the ecb would not want to do this
germany and the c.b. will ever pray publicly to say they stand fully behind the ural because if they did, they would be subject to moral hazard but did not make any mistakes. there is plenty of political willingness to do what is necessary and in the case of the european central bank, there is also plenty of financial firepower. in the ecb. this is the european central bank. what i mean by a fire wall, consider that to date, the european central bank has bought 3% of actual assets as a share of...
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Jun 24, 2012
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they're still -- he had been a student in germany. he remembered many well-educated germans. he thought, well, there must be a way to have rational conversations. soon he realized with people in power. that was almost impossible. the meetings at hitler were incredibly stilted. he was discussed about what was going on especially after hitler murdered so many of his own followers that he really wanted to have as little to do with the government and the party as possible. which on a human level is very commendable in many ways for a u.s. ambassador serving in the country means that also he was, you know, he was very limited in what he could and could not do. the other frustrating part of it as you say was that his reports to the state department expressing his displre were often treated skeptically. there was a sense thatwell, why isn't he talking to these nazis more? again the sentiment in the department with the exception of george messersmith and others. we can't let things get too far. we don't want another conflict. and those who li
they're still -- he had been a student in germany. he remembered many well-educated germans. he thought, well, there must be a way to have rational conversations. soon he realized with people in power. that was almost impossible. the meetings at hitler were incredibly stilted. he was discussed about what was going on especially after hitler murdered so many of his own followers that he really wanted to have as little to do with the government and the party as possible. which on a human level is...
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Jun 19, 2012
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security council plus germany. the world powers want to iran to stop and reaching uranium to levels that bring it close to acquiring weapons grade material. iran again refused, saying it has a right to continue the process on all levels. >> microsoft -- software giant microsoft has unveiled its first tablet computer. >> it is a branded service. the touch screen computer will be powered by a new windows eight system, and it can be combined with an ultra thin in touch cover the doubles as a keypad. >> microsoft hopes it will challenge apple's best-selling ipad. >> it is less than 1 centimeter thick, weighs less than 600 grams, and features a build-in its stand and keyboard. it is microsoft's first foray into the world a tablet computers. >> this is the new microsoft surface. >> microsoft ceo unveiled the model in los angeles. he did not say when it will hit the shops or with the price tag will be. but it already has the experts ranting and raving. >> it is a very interesting new device. the key point here is that it
security council plus germany. the world powers want to iran to stop and reaching uranium to levels that bring it close to acquiring weapons grade material. iran again refused, saying it has a right to continue the process on all levels. >> microsoft -- software giant microsoft has unveiled its first tablet computer. >> it is a branded service. the touch screen computer will be powered by a new windows eight system, and it can be combined with an ultra thin in touch cover the...
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Jun 21, 2012
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greece and germany. they will face off against each other. greece has this tradition, i would say, of making things -- or germany, italy does not have the reputation of making things easy on the greeks. >> yes, and it seems like that are out for a bit of blood. >> he says he wants his team to show killer instinct. that germany is heavily favored to reach the semifinals, but the coaching staff has want players to avoid complacency. -- >> germany is heavily favored. >> euro 2012 has shown time and again that we should expect surprises. >> friday's match could prove to be a barn burner. the german squad has studied areas of the greek team in action and adjusted their own game to take on the euro 2004 champions. >> there are -- they are a difficult opponent, tough on defense. they will definitely play defensively while trying to get things done up front. that speculation is rife that the strikers returned to the starting lineup, despite the three goals scarred -- score by mario gomez so far. as for the potential political implications of the matc
greece and germany. they will face off against each other. greece has this tradition, i would say, of making things -- or germany, italy does not have the reputation of making things easy on the greeks. >> yes, and it seems like that are out for a bit of blood. >> he says he wants his team to show killer instinct. that germany is heavily favored to reach the semifinals, but the coaching staff has want players to avoid complacency. -- >> germany is heavily favored. >>...
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to twelve i hope germany because of the football they play they're the most exciting vibrant team in the in the whole children they play the. role they want to do is hurt you spain on the ball beautiful to watch they don't excite they don't get the pulse is stirring germany do and in this particular tournament do you think has been the biggest disappointment so far of germany are but as you say the stars think holland because everyone expects them to do better i think to a degree russia who should have got for everyone their first go for one they should have qualified comfortably loving going home and once again i have to say france because their attitude has been pretty awful and finally how do you feel about you his decision to held your eighty thousand child in ukraine and poland i understand you've been based mainly in part of the what are your thoughts on the tournament the stadium to be fantastic the people have been wonderful the infrastructure is a mess but that doesn't matter it's been a fantastic football tournament and you can cop a moan and complain sometimes this is just
to twelve i hope germany because of the football they play they're the most exciting vibrant team in the in the whole children they play the. role they want to do is hurt you spain on the ball beautiful to watch they don't excite they don't get the pulse is stirring germany do and in this particular tournament do you think has been the biggest disappointment so far of germany are but as you say the stars think holland because everyone expects them to do better i think to a degree russia who...
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through to the last four where they will face germany. now for further analysis on last night's game and indeed the tournament as a whole cape partridge caught up with the chief football writer at british newspaper the daily mirror after the match in kiev martin lipton first stating that italy were deserving winners. in the first fifteen minutes they were by far the better team england showed great courage to visit great desire in the end it wasn't quite good enough and of course the familiar feeling from twelve yards so how do you think italy would do against germany. and progress on the ball they could have a twenty percent chance germany or sensational or the best team in the children pirlo today was magnificent germany won't give in that sort of space i don't think if they were even if they played twenty percent better than that i don't really fancy having some of your germany spain final say you say spain so what makes you think that the portugal can't do it i don't think they can get the ball enough to renowned for he can hurt spain
through to the last four where they will face germany. now for further analysis on last night's game and indeed the tournament as a whole cape partridge caught up with the chief football writer at british newspaper the daily mirror after the match in kiev martin lipton first stating that italy were deserving winners. in the first fifteen minutes they were by far the better team england showed great courage to visit great desire in the end it wasn't quite good enough and of course the familiar...
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Jun 29, 2012
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germany started strongly. a first chance, but the opposing player appeared on the line. >> we could have taken a leave it there, but we missed our chance. then we conceded that unnecessary goal. >> that goal came in the 20th minute. mario balotelli give a perfect cross. italy exposed the vulnerable german defense, and balotelli was ruthlessly effective. germany tried to pay back the deficit. ago here. but italy kept looking for one target, balotelli. one goal centum bearing down on the goal. it would be a match-winning performance from the 21-year- old. the german coach shook up his lineup at halftime, but philipp lahm passed up another strong chance. a free kick came dangerously close, but the cross bar kept the ball out. then a shimmer of hope when the fedor ego was called for handball. it was converted, but too little, too late. the final score, 2-1 for italy. >> we should not make the mistake now of over-analyzing. we played good tournament and had four victories. today, we lost. we will have to see how we
germany started strongly. a first chance, but the opposing player appeared on the line. >> we could have taken a leave it there, but we missed our chance. then we conceded that unnecessary goal. >> that goal came in the 20th minute. mario balotelli give a perfect cross. italy exposed the vulnerable german defense, and balotelli was ruthlessly effective. germany tried to pay back the deficit. ago here. but italy kept looking for one target, balotelli. one goal centum bearing down on...
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i do want to touch on germany you talked about germany's role obviously all eyes are on the court to try to solve this and bridge these gaps but germany is not immune to the problems of the eurozone not at all and just today we had new unemployment numbers out that indicate the number of people out of work in germany is creeping up interestingly i thought a poll suggests germans are more concerned about unemployment then inflation and we know that country's history with inflation so do you think this puts more political pressure on merkel to make concessions on something like euro bonds which she has been firmly against or does this make germany more likely to say hey you know we cannot keep shouldering the burden of this crisis. i'd be cautious about of the opinion poll that shows right now germans are more concerned about unemployment than inflation because actually inflation is not seen by people to be a threat at the moment indeed in many parts of the deflation is the problem not inflation so i'd be a bit cautious about reading too much into that one particular opinion poll i mea
i do want to touch on germany you talked about germany's role obviously all eyes are on the court to try to solve this and bridge these gaps but germany is not immune to the problems of the eurozone not at all and just today we had new unemployment numbers out that indicate the number of people out of work in germany is creeping up interestingly i thought a poll suggests germans are more concerned about unemployment then inflation and we know that country's history with inflation so do you...
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Jun 28, 2012
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throughout the decade of the euro, the germany's unit labor costs not taking into account east germany was 7%, it rose only by 7%. in italy it was 30%, in spain it was 35%, and in greece it was 42% unit labor costs. that's almost where the problem begins and ends, and so? >> jacob, how much diversity can we get under the fiscal compact and is this a transfer union we're talking about? >> i think eventually it will have to -- will you get there but i think there is a very important distinction that i would make, which is, and whatever the european fiscal union would look like will be very different from that of the united states because the euro area in almost any conceivable shape or form that i can conceive of, and i'm very optimistic, remember, that will not have a sizeable federal budget like in the united states and the reason is actually quite simple, it has to do with people's self-identities, because the fact that europeans continue to self-identify as french, germans, belgians -- maybe not belgians actually -- [ laughter ] but the point is that you will only accept to be taxed
throughout the decade of the euro, the germany's unit labor costs not taking into account east germany was 7%, it rose only by 7%. in italy it was 30%, in spain it was 35%, and in greece it was 42% unit labor costs. that's almost where the problem begins and ends, and so? >> jacob, how much diversity can we get under the fiscal compact and is this a transfer union we're talking about? >> i think eventually it will have to -- will you get there but i think there is a very important...
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Jun 13, 2012
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this needs to be ratified in the bundestag to ensure funds can flow from germany to troubled eu states. >> angela merkel does not expect a deal this week as the haggling with the opposition continues, but it is believed that bipartisan support will be reached before a major summit at the end of the month. >> during the european championships, there were more pleasant things for angela merkel to do that wrangle over the fiscal compact. markell insisted on a commitment from her european partners on stricter budget controls -- angela merkel insisted on a commitment. but now, she has to make sure the german parliament ratifies the plan. so she needs the support of the opposition and federal states. she is working hard to sell the idea. >> i want a europe where it is always the case that liabilities and control mechanisms are in one place. we cannot share the liabilities and leave controls that a national level. >> the fiscal compact is meant as a first step. the plan is to reduce deficits and produce a balanced budgets in the long term. failure to comply with the rules triggers an automati
this needs to be ratified in the bundestag to ensure funds can flow from germany to troubled eu states. >> angela merkel does not expect a deal this week as the haggling with the opposition continues, but it is believed that bipartisan support will be reached before a major summit at the end of the month. >> during the european championships, there were more pleasant things for angela merkel to do that wrangle over the fiscal compact. markell insisted on a commitment from her...
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germany has been considered a safe haven in some regards and we've seen. when investors pay the german government to hold their money we've seen negative yields in some cases for six month german bond six month treasuries so one point that simon johnson points out the mit professor about dissolution risk is this he's right to say bloomberg means there's a lot of risk that isn't being priced including in so-called safe haven assets anything denominated in euro's is subject to complex hard to value dissolution risk the credit risk of german sovereign debt maybe on change but what is a german government bond worth if there euro is seriously on the rocks at what is the answer to that and if there isn't one is that a problem there isn't an answer because you know on the one hand germany can bail out the entire eurozone because they just don't have the financial resources to do that but on the other hand if the euro dissolves then germany basically is on their own and if they are the as bill gross calls it the cleanest dirty shirt then perhaps once they're in th
germany has been considered a safe haven in some regards and we've seen. when investors pay the german government to hold their money we've seen negative yields in some cases for six month german bond six month treasuries so one point that simon johnson points out the mit professor about dissolution risk is this he's right to say bloomberg means there's a lot of risk that isn't being priced including in so-called safe haven assets anything denominated in euro's is subject to complex hard to...
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Jun 18, 2012
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millions watched germany versus denmark. 450,000 people joined the crowd here to see germany secured their spot in the quarterfinals. >> that's another close victory for germany. and lard bendrick with the goal. >> all eyes were on lars as a defender. >> it takes time to sink in, but it was really a special experience for me. >> bender sprinted 80 meters in 20 seconds. that brought him in position to score. he says it was a good thing he made the shot since he was so far of position. -- off position. >> i had no choice but to score. if the keeper had got it, i would had to spread the 80 meters back. >> the danes fought hard in this match. for a long time, the scores were level. then more action in quarter finals against greece. >> portugal beat the netherlands and there -- their score was 2- 2. the striker turns the match around. the winner came in the 74th minutes. the netherlands are out after losing all three of their matches. and now a story of a comeback in the world of tennis. roger federer has lost in the final. >> and the victory handsome a wild card entry into wimbledon. >>
millions watched germany versus denmark. 450,000 people joined the crowd here to see germany secured their spot in the quarterfinals. >> that's another close victory for germany. and lard bendrick with the goal. >> all eyes were on lars as a defender. >> it takes time to sink in, but it was really a special experience for me. >> bender sprinted 80 meters in 20 seconds. that brought him in position to score. he says it was a good thing he made the shot since he was so far...