are going to see how europe actually reacts. investors are overweight europe. show.e a really cracking >> you have some reaction to that european vote. >> we have mario monti to join i suppose aebate. stalwart of european politics, a voice in terms of somebody who has tried to reform certain written he was spared because he came late to .he table we are going to get that context from mario monti. we going to try to put the whole thing in perspective. then we have a great conversation. and one of the beast in terms of the oil industry. we are joined by the cfo shortly after 8:30 a.m. two huge conversations that will help give us a little perspective. >> plenty to look forward to when we will be -- when on the move will be here. ecb forp the first ever them taking place just outside of lisbon in portugal. ♪ >> welcome back. it is 7:50 here in london. joins us to talk about some of the big macro themes. the big one of the day is going to be the ecb falling. it is beautiful this time of year. to jacksonnswer hall, which is the gathering of bankers and intellectua

i believe strongly in europe. that is i was happy to do the advert. >> her generation grew up feeling that europe offer them endless possibilities. the financial crisis and ensuing austerity measures have soured that vision. >> we are not that interested in the european elections. i know we should be but other issues are more important to us at the moment. for example, it is exhausting. >> what we can do it europe is more solidarity and unity. it is to of the fundamental purposes in my opinion. both could help us out of the crisis. we are tired of being the black sheep in europe. >> i feel the things it started to improve recently but there is still a lot to do. first, we have to change our men tell eddie and avoid the mistakes of the past. we can't do it overnight. i will need help from other countries. >> this is being called greece's lost generation. well educated with almost no job prospects in sight. youth unemployment in greece has had almost 70%. the worst in europe. >> i don't know what the future holds. i

this is a long lasting exercise in europe and our partners outside of europe such as the u.s. and japan. i know this is part of your public debate. both europe and the u.s. are facing great challenges. the labor market, it the educational area, creating the most positive environment for investment. the task is the same. rendering our companies of holding their own in global company vision. europe and america can benefit a lot from each other and can learn a lot from each other. europe and germany can learn from the u.s. in terms of giving seed money to innovative companies. i am please that apparently the good affairs we have made with our training scheme has been looked at very favorably here by the americans as well. what is also important to see is achieving a secure supply of affordable energy. we are interested to work together with the u.s. here. the ttip negotiations ought to give us an opportunity to deepen our energy cooperation. in europe when we look at the crisis in ukraine, we also think about how we can make ourselves more independent of unilateral energy supplie

going to europe? >> it lasted 20 days in total. 13 days for most of europe. the it did was drove home realization of the vulnerability that europe has in its reliance on russian gas and its need for diversification. the painit lasted 13 was short-lived. >> does that mean that europe is less dependent on russia today, did it versa fight? -- diversify? closely with europe the last five years to do that. they are less reliant on russia. the thirdey passed energy package which required that the destination clause begun a meant that when russia exports gas into the eu, the first country of transit, let's say germany or ukraine or other eu countries could not -- they could not dictate you may not pass this on without my permission to another country. what it allowed it to do is a minute a gas comes and it is eu gas and can be transferred further. we talked about reversing the flows from poland to hungary from slovakia into ukraine. that would not have been possible in 2000 nine because of the regulatory str

i don't know about europe. but it is always good to have prophets from overseas, washington because sometimes the prophet is not respected in his own country. --ink one, don't i think one comment on the importance of gas and russia's that it is utterly true that oil in russia,t money but gas is often about politics, both domestic as well as foreign policy. sometimes arsenal politics. -- sometimes personal politics as well. pruden'see that in mr. personal involvement in ukraine and the china deal that was just announced. mr. putin would rattle off gazprom's statistics at the drop of a hat anytime someone gave him the opportunity to. i want to raise, which may be a subtext of the book i promise to read more carefully as time allows, is whether in order to meet the various market challenges that both of you of outlined, whether fundamental structural reform of the gas sector is necessary in russia or not. the role that independents play, for example. it amuses me that they are called independents. it is like calli

all of this discussion about oh, how can europe we dues its dependence on russian gas, if europe wants to break these contracts, conservatively, very conservatively, it would need to spend between $400 billion and $600 billion euros to buy out these contracts. that isn't going to happen. so essentially this is the picture you need to have in your mind when you think about russian gas exports to europe. but there is some difficult and i'm not going to go into it dependence arithmetic which people try to do saying this country dependent on russian gas or this percent of its gas supply. that really isn't very helpful even on an individual country basis let alone a european basis. to -- what you probably need keep in mind is traditionally virtually all of russia's gas supplies flowed through the ukraine, hence the problems we are having at the moment, but that is now diverse filing, and it has been specifically diversified because of the lack of trust that the russians have had in the whole of the post-soviet era, not just in the last year, not since january of twin when the last big disru

well basically keep the conflicts in europe will not help to guesstimate the crisis it is an attempt to estimate russia for those of us all. it's really a tube to go taiwan will compete in the interests of the united states among socialists in the interest of stability in europe and in the interest of the germany or europe abbott said talking about sank on in global terrorists. i drink wine in his speech at white house as expressive as may says that the sanctions will impact the global economy as well as head rush hour only. yet after the global economic crisis why it upset me be the global economy that. well when talking about wise and unwise is very dangerous team that is being played here in this really came about supremacy in europe. and if that is to go then. you are willing to take a gamble some higher risks him to um. to me it is clear that first moves were coming from the west or to invent them. in the end of the city and then attempts to assume that is why western europe and the unified behind me. the us position and that the geopolitical and your strategic game and it's it'

do you believe he's a threat to europe. thank you. >> obviously every day we're watching events in eastern ukraine and southern ukraine with deep concern. and i think that what you've seen over the dours of the last several months in the midst of this crisis is remarkable unity between the united states and the european union in the response. we have at the same time offered a diplomatic approach that could resolve this issue. we have been unified in supporting the ukrainian government in kiev, both economically diplomatically and politically and we have said we would apply cost and consequences to the russians if they continued with their actions. that's exactly what we've done. and you saw just over the course of the last week additional sanctions applied both by the europeans and u.s. the next step is going to be a broader base sectoral sanctions regime. and what we have said is that we want to continue to keep open the possibility of resolving the issue diplomatically. but as angela merkel said, if in fact we see the di

her victory left france and much of europe in shock. after holding a crisis meeting ndeh his ministers, holla addressed the french people tonight and said europe had he come to remote. rope must be single, clear. >> the victory has left france divided. polled 25%, that means there is a need. let's give her a chance. that is attributed to europe, so it is necessarily needing that people to vote for the extremes. >> it was not just in here that antiestablishment parties top of polls. it happened in greece, but they're the party came from the radical left, and the issue, five years of austerity. to aeece, victory belonged radical left party, which opposed cuts made in exchange for bailout. the whole ofid europe was watching greece, because it had resisted austerity. in spain, the two mainstream 1/3 of their voters. protests against cuts and inequality. the main message i want to send to europe is we do not want to be a german colony, a colony of the european troika. we do not want to provide cheap labor. we do not want the hand over our co

would have rest a europe less free. thanks to american leadership and thanks to some of the distinguished leaders here today as we will hear from this morning that is not the world we live in. yes the world is imperfect, yes we have challenges but we must reflect on what we have done as we prepare and build platforms and institutions to take on these new threats of the early 21st century. in 1997 i sat set on the senate floor that america europe and russia could all benefit if the nations of central and eastern europe are anchored in the security nato can offer. today the transatlantic alliance anchors global security. offers the possible antidote to the aggression and fear of aggression president truman warned against in 1949. freedom stability and prosperity and well in door well into this century. in the next century but only if nations on both sides of the atlantic see this clarifying moment. two gears of 19 days after general eisenhower arrived in paris as a supreme allied commander in europe he was inaugurated as

think it can bring change to europe. their different stance and interests are needed in our society to help the weak. education,rian by she battles it out greek rivals on t.v. show's expounding her party's plan for change across europe. >> we can solve problems by dialogue and with proposals. it is a success story for the young leader who was nominated as the left-wing candidate for the presidency of the european commission. >> there is no doubt he is sort of a poster boy for the european left. but there are reservations. him asf members see calling for exit from the euro. there has been a lot of populist rhetoric. >> skepticism remains about his potential. one thing is for sure. ballot, thesunday's european left can no longer go unnoticed. now to fresh violence in ukraine. at least five people have been killed in clashes in a village. it comes on the heels of which 17s attacks in soldiers were killed by pro-russian gunmen. the separatist movement in the east is threatening to disrupt the sunday's presidential election.

eurosceptics take on europe. we was due to francesca calie gallietti. >> incredible to think how well the national front did in france. >> are you going to put up or shut up? i'm not being rude. its deadline date. >> will pfizer up their bid as the clock is running out? ♪ >> petro poroshenko claims victory in ukrainian elections. in kiev.ve >> skeptics take on europe as protest parties gain in elections. it is a wake-up up call for mainstream politicians. good morning to her viewers in europe, good evening to our

energy flows from russia to europe. those continued even in the midst of the cold war, at the height of the cold war. so the idea that you're going to turn off the tap on all russian oil or natural gas exports i think is unrealistic. but there are a range of, you know, approaches that can be taken not only in the energy sector but in the arms sector, the finance sector, in terms of lines of credit for trade. all that have a significant impact on russia. i don't think it's appropriate for us to delve into the details at this stage because our hope is that we don't have to deploy them. but what i can say is our exports at the highest level, and not just bilaterally, but multilaterally, through the european commission, and our diplomatic teams have been working through all the possibilities. and we're confident that we will have a package that will further impact russia's growth and economy but, again, our hope is we shouldn't have to use them. we're not interested in punishing the russian people. we think mr. putin and hi

europe is sending a message here. in the editorial, the wall street journal says this is a wake-up call for centrist politicians in europe. unsurprisingly, they lash out against technocrats in brussels saying their current regulatory policy is a recipe for political extremism, and the article says they should spend less time fretting about the site leanness of fruit that europeans eat and the carbon they pump into the atmosphere and more time getting out of the way of frustrated european entrepreneurs and job creators. >> there was also that presidential election in the ukraine. guardian, they draw interesting parallels between these two elections. about the european parliamentary elections it says a vote against europe. but the editorial talking about ukraine talks about a vote for europe. thatsay the only people voted with wholehearted enthusiasm for europe were ukrainians. a lot of papers are also focusing on the president-elect, poroshenko. they wonder, did peace just break out in ukraine? the standoff with vladim

ok we will stand for europe the war to europe the traditional europe for the free nations europe but. we should be arresting all those terrorists in kiev instead all of the presidential candidates the military junta the nazis who gave orders to kill their own people just because their culture and their views are different. from. what we will slavs we have to live in peace with brothers we shouldn't fight each other one people will bring all this. they were back with garrick welder's stach politician leader of the party for freedom great to have you back so i want to talk about the rising cura skepticism prominent us politician and author pat buchanan i'm sure you know who he is he recently said that nationalism is on the rise while globalization is a thing of the past to share his point of view. yes i think it does but i call it myself but the truth is a i'm a bit through it i believe we should be all patriots i believe a lot of russians are patriots as well and we should be proud of our own country and you know what's happened in the last decades is that our national sovereignty in t

energy flows from russia to europe. that continued in the midst of the cold war, at the height of the cold war. the idea that you will turn off russian oil or natural gas exports i think is unrealistic. of there are a range approaches that can be taken not only in the energy sector but in the arms sector, the finance sector in terms of lines of credit for trade -- all have a significant impact on russia. i don't think it's appropriate for us to delve into the details at this stage because their hope is that we don't have to deploy them there it was i can say is that the discussions are at the highest level. it is not just through the european commission and our diplomatic teams have been working through all the possibilities. we are confident that we will have a package that will further - uh - -impact russia's growth but again, our hope is that we should not have to use them. we are not interested in punishing the russian people. tin and his. pu leadership circle are taking unnecessary decisions and he needs to be diss

from today in europe it comes with new strings attached. thanks to a ruling in europe's highest court, search engines like google must now give citizens the right to have personal information removed if it's deemed to be outdated or inaccurate. google, the giant of the search business hates the idea. from today it is providing european users with an online forum asking a rewrite of their personal online identity. critics call it alarming censorship. >> google yourself and don't like what you find? now european users of the search engine can do something about it. google launched this form will where you can ask for outdated data be erased. fill out details, the site and why you think it should be removed. the case was brought to the european i don't know europe court by a man who claimed the information enfringed his privacy. google processes 90% of all web sevens in europe and will consider whether there's a public interest in keeping information online when making decisions such as evidence in financial malpractice or criminal convictions

>> earnings from europe's largest engineering company break now. --speak to joe pfizer first joe kaiser first as he presents a new strategy. from hear exclusively the french finance minister. he says it is not all about the money. nasdaq on keeps the their toes as the company heads for an ipo today. >> welcome to "countdown." a warm welcome to the program. it is 6:00 in london. we are just getting earnings from a number of engineering businesses around europe. let's start with those numbers from siemens. >> a lot of news surrounding siemens. it announces its strategy review today. it has bought some energy assets from rolls-royce. it is involved in this battle for various assets. lots to talk about. i have to deal with the earnings. david will deal with all of the other parts. second quarter income from continuing operations, 1.6 one billion euros. the analyst estimate was for a 1.78 billion. above last year's figures. the good news for investors, the company has confirmed its forecast for the sheer of 15% earnings per share growth. .t has confirme

they are still alive in europe. these bars the top gray line this line is the 85% take home pay and this is the current situation. so what you see here are the contractual commitments for those of you not familiar with cubic years if you divide by ten you get a per day. what we are saying in the chart up till the mid 2020's european buyers are obligated to by closer to 15 billion cubic per day with legally binding arbitration. so all of the discussion on how europe can reduce their dependence on natural gas, if europe wants to break the contracts it would need to spend $400-$600 billion euros. that is not going to happen. there is a difficult dependence math people try to do saying this country is dependence on this country for this percent of its gas supply and that is not helpful on a country basis let alone a european bases. the thing you need to keep in mind is traditionally virtually all of russia's gas supply went through ukraine hence the problem we are having. but that has been diversified because of the lac

eastern europe. and ukraine it is about making sure if there is a shutoff of gas in the near term that we have reverse capability in hungary, poland and slovakia and to expand that to the degree possible that it takes care of the portion of gas. number two, we help them become a more efficient and more capable producer of their gas. they are quite an impressive producer of gas, but a lot of that technology is can be using and producing more natural gas on their own. we are also working on their interest in exploring their unconventional gas areas. we are working with them to reform that they will not end up in the same situation they are in today and efficiency rates are they are to do more with less. in europe, we have to make sure the regulatory form i started to continue. we are working very closely on that to look and make sure there is no energy islands in europe, which is a stated goal of the e.u. so the baltics are a good example of that. lng and lithuania has gone a long way. the chairman men

energy flows from russia to europe. those continue even in the midst of the cold war, at the height of the cold war. so the idea that you're going to turn off the tap on all russian oil or natural gas exports i think is unrealistic. but there are a range of, you know, approaches that can be taken not only in the energy sector, but in the arms sector, the finance sector, in terms of lines of credit for trade, all that have a significant impact on russia. i don't think it's appropriate to delve into the details at this stage, because our hopie i that we don't have to deploy them. but i can say our experts at the highest level, multilaterally through the european commission and our diplomatic teams have been working through all the possibilities, and we're confident that we will have a package that will further impact russia's growth and economy, but again our hope is we shouldn't have to use them. we're not interested in punishing the russian people. we do think that mr. putin and his leadership circle are taking bad deci

they have plans to expand in europe. the online streaming service said they would launch, germany and other european countries before the end of the year. and they have an existing customer base of some 48 million people, and it is already present in some countries, including the u.k., ireland, and scandinavia. ebay is also in the spotlight after it revealed details of a cyber attack. it is asking all of its users to change their passwords. toy says hackers were able access the personal details of its users, including phone numbers and passwords. it says the hackers were not able to access financial detail -- details like credit card numbers, and that might be their saving grace. the shares were trading down this hour. and let's also look at shares in bnp paribas. they sell on wednesday on reports the french bank is facing a hefty fine in the united states. the u.s. says authority is seeking more than $5 billion or 3.6 billion euros. officials are discussing a settlement over allegations the bank violated u.s. sanctions

america has stood with europe and always will, just as europe has stood with us. and the progress we have made has been remarkable. when i think of how far we've come, it calls to mind the words of the poet seamus heaney in his poem "the cure at troy." he wrote, history teaches us not to hope on this side of the grave. when the wall fell, hope and history began to rhyme. let's not rest until they rhyme once again in a europe that is finally, finally whole, free and at peace. it's a big order, but it is possible to get it done if we remain joined at the hip, if we remain united and steadfast. thank you all very much for listening, and i appreciate the opportunity to speak to you. [applause] >> senator bob corker the lead republican on the foreign relations committee announced he and other senators will introduce a bill to respond to the ukranian crisis. he went to the floor to discuss what would be in that bill. >> mr. president, i rise today out of a genuine concern that the foreign policy that our dministration is conducting is creating danger for the united stat

the british market ready soon diseases of the largest in europe wanted me to many. neither force in paris there are major multinationals operating in taking the st based in different countries around the world such as india needed to get you out of the past decade leading companies have invested by equivalent to forty three euros in europe teeth has run its images and acquisitions of existing companies still the rest of the wording new activity with putting down with the mauled at the top consultancy services is in the nineties services company lost a bit like the french them i'll see da somebody stood empty swept thousand of those fifty one percent growth in europe will cool the fta could expand due to go for it. easy going. then defeated team include going to give up. most of the submission to. bomb experts predict that the home if lift the assigned it to put in to tell the creative and wheels from the p billion level two hundred fifty billion dollars. the european union's been hashing out a free trade agreement would be good for the best products said he is there

a healthy europe is good for trade flows and investment flows between europe and our key markets. it puts us in a really good key position. >> richard holmes, standard chartered ceo. we be racing? >> i do. will you be racing? >> i do run. i'm curious about is when it starts very >> is 7:30 p.m.. >> us see if i can step that late. we will be digging into rupert murdoch plan to creating a pay-tv colossus. that is coming up on "countdown." ♪ >> welcome back to "countdown." we just got new details from a bloomberg news excuses -- exclusive. rupert murdoch wants to create a gigantic pay-tv network by combining german and italian media with skype. for hiss it mean european tv businesses are aware this is this all about for rupert murdoch? >> we think it is a plan to consolidate all of european tv businesses under one holding company. that makes them so much stronger in europe when it comes to trying to win broadcasting rights and advertising. he is creating what we see as a real media behemoth, expanding in europe. who knows, maybe the u.s. and asia. >> he doesn't have full control, d

rex -- >> he was very clear there when he said he wanted less europe and not more europe. he's not the only one. 30% of the voters who went to the polls voted for parties that want less europe. in the united kingdom, one into voters voted for parties calling for a referendum on the european membership all stop the liberal democrats in the u.k. only got one seat in the european parliament that makes up 751. they had 12 seats. they had some federalist amongst them and they absolutely wiped out. the apathy ofwas low turnout in the european elections. europeanshose eligible to vote. this proves that people are sick and tired of rustles and institutions like this making decisions behind closed doors and not reaching out and engaging with people in the right way. so the people are calling for and gentlemen's agreements less behind closed doors agreements and more transparency. that remainsissue to be resolved as who would be the head of the european commission. >> that is the other question. europeanoment, if the council plays by the rules, it would be the former prime minister

we did not complete the picture of bringing the greater europe, the whole europe into these transatlantic structures. we were distracted by other events. we withdrew in many respects from europe. europe itself is partly to blame, because of the fact that it has been so focused on its own internal questions, having sufficiently paid attention -- other than a few exceptions -- has not paid attention to those neighbors. and those neighbors can be extremely destabilizing to the nato project, the central european project. following up what was said, i am we willg at what point draw a red line and stick to it. in other words, is it an attack on -- rackould german business to a subversion of latvia where s ace sizable russian speaking population. i would not discount the possibility that putin will become involved in the fact that he has not been sufficiently punished through his actions about crimea, and one other thing i would like to add about crimea, this is only the beginning. in other words, russia may have swallowed crimea, but the mood rtars inthe ta comeea will be increasingly anti-russ

europe votes and ukraine vote. here's what is coming up. have beenoss europe out on the final day of the eu elections. we will have the latest results and analysis. ukraine's presidential election exit polls indicating that petro poroshenko is on track to win by a landslide. mpope continues his ideast tour. >> people across the european union have been inducting a new parliament, but it is increasingly looking like a night dominated by parties that want out of the european union. voting is underway in thursday -- since thursday. . seeing some very big gains for the eurosceptics in france, in germany, and in britain. we will breed bringing you all the results as we get them and tossing over to major capitals across europe. navigatelp us throughout the night we will also be joined here in the studio by our veteran brussels correspondent. as we mentioned, this night has been characterized by a sweep by the eurosceptics and far right parties. you followed a lot to european union elections, did the politicians and fossils -- in brussels see this

the caucus and eastern europe. what should nato due to an sure and -- insurer and reinforce the territorial integrity? moldova.rgia and >> we will take a second question. >> marie suck with northrop grumman -- marissa with northrop grumman. nato has called for a meeting to discuss ukraine. my question is simple. what can they hope to gain? apparently the u.s. does not support it. >> who would like to tackle these questions? jamie? >> the first question. we have to be clear. when it comes to nato, the security guarantee applies to nato members. which is why countries have to join nato in order to have that. ukraine is not a nato ally. it is a partner and a close partner. they have participated in all operations,-- including afghanistan. we are treating a partnership seriously. we are helping them with defense restructuring and reform. reform of the intelligence services. to help make ukraine a more resulting in state. we have a strong partnership with georgia. we are helping- motorola. -- moldova. we are upgrading a

, what's happening in europe. it's not where my level of expertise is. i can look at a variety of different things going on. europe is one potential telltale sign. which one do you want to pick, brian? >> you have all these smart rich people walking down the halls of bellagio and vegas throwing hundreds down on the crap tables, ask them. >> die. i talk to very rich people here and smart strategists. let me tell you what they're telling me. what we've seen in the market's route is just the beginning. there are people who have done very good work and very good calls in their lives believe the next leg is not a pleasant leg. do they know anything more than you or i or tepper? time will tell. >> at least people are saying frankfurt is prepping some kind of stimulus package for the economies over there. i will throw you a bone. let's get back to something you are an expert on, herb. that is cisco. i mentioned a moment ago you're raising the yellow flag on that one of the only positive dow components there. do you think

one of the many crises taking place in europe today. our bbc europe editor will help us understand. woo-hoo, bomb that cherry lip through the doggy door or it's pittsville, brah. it's never too late to learn a foreign language! go and smell the roses! what if it were more than something to share? what if a photo could build that shelf you've always wanted? or fix a leaky faucet? or even give you your saturday back? the new snapfix app revolutionizes local service. just snap a photo and angie's list coordinates a top-rated provider to do the work on your schedule. the app makes it easy. the power of angie's list makes it work. download snapfix for free. ♪ show 'em the curve. it's beautiful. it's more than that... ...it's perfect. introducing curved ultra high definition television from samsung. >>> this is bbc world news. i'm geeta guru-murthy with the top stories. hundreds of migrants are being evicted from their camp in the french port of calais. many are treated for scabies. authorities say that's why the camp has been closed. >>> around 1,000 migrants tried to storm the border

the supply of natural gas for europe at large. the deal that is on the table , thishe european union hasn't been consummated. here's what they say. ukraine will pay 2 billion of its gas by may 30. that is today. by june500 million more 7. om gets a first maintainthey will delivery. yesterday,e was passed without an agreement. we will see what we'll go back to. ukraine has refused to cover any russia raisedince its price is about 81% in april withdrawing two separate discounts. these are discounts from two separate years. here's what the prime minister saying about it. " we are ready to pay the market but never the ." itical one to i have no idea what that means in terms of how expensive it is for consumers, but there is a market price for gas, and they need to figure out what it is an come to an agreement. if not, once the winter comes, it could be more interesting. one interesting point, ukraine in april ase times they were preparing for this. they're bringing in a lot of gas right now and putting it underground and storing it. m

the highest in europe for natural gas. and when we give money to the ukraine, the imf deal out in the european bailout, that is a good chunk of this money that will go to the treasury in moscow to pay for that. it kind of perverse way of doing business here. and so must we send a very strong message and have a policy commitment that goes beyond this, the ukraine is only the first stage in this reconfiguration of the power balance in europe and also in the world and what happened in terms of the post-cold war arrangement and even post-world war ii arrangement, one the protection, or people who speak the same language or come from the same ethnic stock as you, sure it is permissible as a reason to intervene military wise. what if china decides that the same approach can apply to taiwan or two other places where overseas chinese live? would not allow the government to send the british navy to protect english-speaking south africans? south africans, some of them do speak english. but yes, people spoke that language in the crim

so us and europe were not coordinating, europe looked like it was doing something that it didn't fully believe in. the u.s. was getting very close to people who if, it is not clear why we were getting so close to them in the opposition because they didn't represent the interests of the protesters, at least from the protester's point of view. >> we had a winner, tomogram, tom, graham, the porochenko, the chocolate king is now the president of ukraine and he was pro protesters and showed some courage on the midon but also an oligarch where corruption is issue number one, 2 and 3. as well as democracy. is this completely good news? >> well, it is not completely good news. i mean first the good news is that there is someone who has thousand been collected -- elected that can represent at least a part of the ukraine before the international community, in negotiations with the russians, but i think we need to look at this election i think more objectively. you know, first, we had a turnout of 60 percent, i at this, according to the official figures, of what was billed as a historical electio

everybody is watching europe. customers inhoping france and the rest of europe will soon start lining up and falling over themselves for these new handsets. >> stay with bloomberg tv. guy johnson and i are back with "the pulse" next. we have exclusive conversations with ceos. ♪ >> barclays bashes its investment bank. 7000 jobs will get the ax. ceo antony jenkins tells us the bank still will be competitive on the global stage. day for europe's central banks. draghi and carney are not expected to deliver changes today but the pressure to act is growing. >> two bloomberg exclusives. we are live on everything from energy to emerging markets.

be torn between europe and russia. it would have risked insecurity in the heart of europe and risked a europe more fractured and less free. thanks to american lead weershi and some of the leaders you will hear from today that is not the world we live in. yes, the world is dangerous. yes, the world is imperfect. yes, we have challenges. but we must reflect on what we have as we build platforms to take on the new threats. in 1997, i said on the senate floor that america, europe and russia could all benefit if the nations of central and eastern europe are anchored in the security nato can offer. the transatlantic alliance officers security and offers an antadote to the fear of aggression truman warned about. it will endure well in the century and the next century but only if nations on both sides of the atlantic see this clearing moment. after the general arrived in paris and assigned as the 34th president of the united states, he was war weary as the american public and people all over the world as well. he had written t

we didn't complete the picture of bringing the greater europe, the whole europe, the wider europe into these transatlantic structures. we were distracted by other events. we withdrew in many respects from europe. and, of course, europe itself is partly to blame because of the fact that it's been so focused on its own internal questions, it hasn't sufficiently paid attention -- other than the few exceptions, as was mentioned, sweden and the baltic states, hadn't really paid attention to those neighbors. and those neighbors can be extremely destabilizing to the nato project, so the central european project. so following up what ariel was saying, i'm just wondering at what point we will draw a red line and stick to it. in other words, is it an attack on latvia? how will german business react to a subversion of latvia where there is a sizable russian and russian-speaking population or estonia? both nato, of course, countries and european union countries. and i wouldn't discount the possibility that putin will become involved by the fact that he hadn't been sufficiently punished and through

ah well we will stand for europe the white europe the traditional europe for the free nation europe that. they should be arresting all those terrorists in kiev instead all of the presidential candidates the military junta the nazis who gave orders to kill their own people just because their culture and their views in different. i'm. mean so we will slavs we have to live in peace we're brothers we shouldn't fight each other one people will bring this. penno of the end happy end of your week i marinate this is boom bust and these are the stories that we're tracking for you today first up unemployment in the u.s. plunged to six point three percent as hiring kicks into high gear now it's the first credit of the month which means it's bill as numbers and we look into them coming up then we have physicists and author mark buchanan on the show today mark writes about economics and what physics that meteorology and the natural sciences can teach us about the subject pretty interesting stuff you want to put plus it's the end of the week which means it's viewer feedback day here on boom bust edwar

this is a long lasting exercise in europe and our partners outside of europe such as the u.s. and japan. i know this is part of your public debate. both europe and the u.s. are facing great challenges. the labor market, it the educational area, creating the most positive environment for investment. the task is the same. rendering our companies of holding their own in global company vision. europe and america can benefit a lot from each other and can learn a lot from each other. europe and germany can learn from the u.s. in terms of giving seed money to innovative companies. i am please that apparently the good affairs we have made with our training scheme has been looked at very favorably here by the americans as well. what is also important to see is achieving a secure supply of affordable energy. we are interested to work together with the u.s. here. the ttip negotiations ought to give us an opportunity to deepen our energy cooperation. in europe when we look at the crisis in ukraine, we also think about how we can make ourselves more independent of unilateral energy supplie

in europe. that is what it is that right now. not a lot of growth they're. the fiat brand is more of my band. that is more my speed. francine? >> more my speed as well. before i asked you about earnings, i have two things to say. i am a big fan of marchionne. the style is on italian and good to the fact. lian.-ta talk to me about the earnings. while speaking of that, why it is not -- good not to have a license. >> i have been drinking all morning, so you will catch up to me later. look, quarterly profits disappointed. charge,e a one-time buying part of chrysler from the united auto workers. aboutis what is remarkable o sergio as everyone seems to call him. he is a ceo with a first name. how a patientle is in light of what can only be read as disappointing quarterly earnings. he is looking to china, he is looking to south america. not so much to europe. it is an american sort of confidence. it is always about the future for him and we will see if investors believe it. >> he also dresses like jack

and europe at the brookings institution. here in new york, stephen kotkin , director of russian studies at princeton university and thomas graham, managing director at kissinger associates focusing on russian and eurasian of tears. stephen, you were just listening to victoria nuland give her analysis of the ukrainian election. what did you think? >> washington is having trouble figuring out to what extent ukraine is our issue or someone else's. certainly, the division of labor one of theas difficulties that she commented on in the infamous phone conversation that was tapped by the russians. you can conclude that this is really a ukrainian issue more than anything else. if you look at what is at stake having au.s. and just policy here that is coherent compared to what's at stake for not clear that the balances on the side of doing more. on the other hand, for the people of the region, the civilian population, everything is at stake. statesthink the united lost its policy with ukraine? >> the coordination with europe over what

elections in europe have seen a swing to the far right in parties across the continent like in france where they topped the call for the first time e r ever. >> translator: our people demand a single policy, the policy of the french for the french with the french, it will no longer be directed from outside. and laws which they have not voted for or obey commissioners who have not talked about the sufferage. >> reporter: this is gaining popularity and eu independence party topped the poll there and harry smith has more. >> reporter: he doesn't have a seat in the uk parliament but like any politician in resent years he is transforming the layout of the country's power and for months the opinion polls have been predicting that the uk independence party were on the verge of something big and as they were counted the numbers clearly began to stack up. >> 751,439. >> reporter: elected one of four successful candidates in the region that covers much of the south of england and told supports this was a historic moment. >> you have spoken tonight and delivered a extraordinan extrao amount of p

out of europe, out of favor. find out how much mass united brand dropped after just one disappointing season. >>> plus, a member of the kapg of gentleman man -- that and more still to come. >>> hello. and welcome back to "worldwide exchange." european equities are high. we'll show you where we stand. this is the tax at all-time highs. and the single stock in dax that is in negative territory. we have holidays today for the u.k. and united states, so we can't show you the map. but we'll show you u.s. futures later. but nevertheless we are responding to comments from mary drugge. a very strong showing for the centrist party in germany up.80%. stephane saying this is a shock in paris. the ftse is very strongly up 2 1/3. and russia is up 1.8%. and matteo renzi triumphing in the elections and we have also seen it complete its 500 million on friday. >>> so another 200 meters at the outlet's group fitting stations. and the two corporates can increase over predominantly leather. so as his comments back, this morning it s

third straight title, with exciting prospect between two of europe's form teams. the semi finals -- alexia will meet everything they can to try to overturn the 2-0 deficit. the coach was trying to complete their -- season after losing 3-0 in the first leg. >> we have to play the fixture and believe it is possible. during the match we have to make the most of our chances and we have to realize that if we are to come back, there will be few opportunitiesg ive language]

we neat a strong identity for europe. this is why all the euro skeptic attacks is so easy because europe doesn't have a strong brand. >> how do you do that? what are you going to try and do? basically resell the eu and sell its importance. what is important about the eu to citizens? >> if you see what's going on in the world, there's countries, spain, catalonia wants to leave spain. we have the scottish referendum coming up. the brand eu becomes even more important and it's not a koss meting resign of the brand, it's more about telling people the truths about europe, xplaning what europe is doing for them and also show them that other nations believe in the european union and they want it to continue. >> isn't that something that needs to be done at the national level and not at a more broad level? if you're going to communicate a message like that, it has to be down at the granular level, surely. >> yes, you hit on one of the key problems we have with the brand in europe. national governments will never go to their citiz

and europe. part of the problem is that they don't live if you're a big girl it's a very it's a very nasty your for many people in terms of encouraging cuts in public expenditure and the rest so some of the different somewhat no europe and sun just want to keep the political class what underlying these much of the xenophobia much of the support for a populist party is is that people are suffering and we need to make sure that we end austerity europe and start getting if you don't start putting money into the economy to actually create jobs growth and. a future looks more hopeful than what we have at the moment. or what's happening around the world few online too for most including vs trillion a senator who founded the usual way to show his colleagues that state security was far from up to scratch he brought a pipe bomb into a session. also there to the story of a terrifying attack on a pop group in japan when a man wielding some more money did them during a vent for france. egypt's presidential e

day for europe's central banks. draghi and carney are not expected to deliver changes today but the pressure to act is growing. >> two bloomberg exclusives. we are live on everything from energy to emerging markets. good morning, everybody. you are watching "the pulse." we are live from bloomberg european headquarters in london. >> also coming up is one of the deadliest jobs. why crab fishermen risk injury and death. first we will begin our top story today. that is barclays. the bank announced a strategy revamp. i asked the ceo antony jenkins in the last hour if the bank can still compete on a global stage. >> we absolutely believe that we will be competitive as we are today. in the market, with the clients we choose to serve. thatready have positions we are going to retain in the u.s. and u.k. and that is where our focus is going to be. we are confident we can continue to compete. we created barclays noncore, a set of assets we believe are no longer strategic for the group. we are confident that we can reduce those