korea is met with indignation. faced with the question of why so many people flee, we're told europe and the us are at fault for luring them away. it's not the first time eritreans have fled abroad. during the thirty-year war against ethiopia many did so. after eritrean independence in 1993, some returned. the eritro-german cultural centre was founded back then for people returning from germany. alexander siyum teaches german at its language school. his pupils are young eritreans who are interested in germany, as they tell me cautiously. three of the young women are married to eritreans who live in germany. so they'll soon be allowed to emigrate. >> it's a highly developed country. i want to continue my education there and think i can live better there than here. >> alexander siyum grew up in wuppertal in germany. he's been back in eritrea for ten years, but still feels german. >> for ordinary eritreans it's normal to live here like this. it's not normal for me. i grew up differently. i have a different mentality, a different way of thinking more democratic and you have to tolerate s

>> this week on quite rica. more migrants have died than ever before trying to reach europe. the european union is stepping up border patrols in response. that doesn't stop people fleeing war am a dictatorship and holocene. -- policy. what steps does the eu have to take to combat the root causes of migration from africa zero. your host is melinda crane. melinda: more than one million refugees are already encamped on the southern shores of syria. migration could rise ask financially in coming years. what more could be done to address the root causes. it is my pressure to welcome ines bohl. she has served on the board of trustees of reporters without borders. it is a pleasure to have alan posener with us once again. he was born in to london and grew up in kuala lumpur and berlin. he writes for the german newspaper, "die welt." it's also good to see mr. mesghena. he has the department of diversity here and go berlin. the recent drownings in the mediterranean have prompted a great public outcry and 10 point plans on the part of eager politicians. how satisfied are you. will they get

from north africa to europe. our stefanie dekker spoke with some of the lucky ones last month. >> we know that if we take the risk, we could die or we could live. so basically our life is in our hand. so if you ask why did you take that risk? it is obviously because we are not safe in eritrea. >> eritrea, an east african nation struggling with poverty and oppression is just one major source of migrants arriving in europe. others from syria, libya and subsaharan africa, forced to make a perilous journey or face parisian cushion in their native lands, even though they are destine today other parts of the world most wiped up in one place, italy. >> most of us, we don't have intention to his stay here. like i want to go to the u.k. and some of my other friends they want to go to germany holland, norway. so if they stay here, that means that they are not going to be able to go outside. >> europe may be on the frontline, but it's not alone. malaysia is also dealing with a catastrophic migration crisis. many of the immigrants are muslims trying to escape religious persecution in myanmar. ot

aldridge. he was born free in new york and became famous in europe after being able -- unable to find work in america. this is part of the series, face to face. >> hello, welcome. here at the portrait gallery every picture tells a story. face to face connects some of the stories we have on hand and to take a step from story to history. jim barber is a historian at the portrait gallery, and he has written extensively on the civil war and he is finishing a new exhibition and is giving face to face talks on many people. and a short story on iraq out of rich -- ira aldridge. jim barber: this is appropriate for february, black history month. why ira aldridge? with this series we connect three different people, throughout three months. we began last month with pocahontas. this month is ira aldridge and the connection is, the thread, back in 2007, the state of virginia celebrated or commemorated two huge anniversaries. one was the 400th anniversary of the founding of jamestown. the second anniversary was the 200th anniversary of the birth of robert e lee. one of the hardest things to do for anyon

when germany surrendered to allied forces ending world war ii in europe. a ceremony commemorating the victory. speakers include susan rice and world war ii historian alex kershaw. following the ceremony, a flyover of the national mall by dozens of world war ii aircraft with the planes flying information's representing the major battles of world war ii from pearl harbor to the final aerosol on japan. -- air assault on japan. alex kershaw: thank you. good morning. what a beautiful day it is today. on behalf of the friends of the national world war ii memorial board of directors, and the national park service, welcome to the national world war ii memorial. it is my great honor to be your master of ceremonies this morning as we commemorate and remember the 70th anniversary of ve day. we are here today to salute those of the world war ii generation who helped save the world from tyranny. we also offer a special salute to the men and women of our armed services who are fighting the war on terror. we want them to know that their service is deeply, deeply appreciated. [applause] to all of the

annenberg media ♪ r of the late 20th century seems far removed, today 21st-century europe strains to accommodate the outcome. the fall of the berlin wall marked the end of the soviet empire's iron curtain and reshaped germany's borders. a new unified berlin is emerging: the capital of a reunited germany near the center of a european region whose borders expanded with the demise of the iron curtain. narrator: during the cold war that followed world war ii germany existed as two antagonistic countries, east germany and west germany. berlin, the historic capital of the nation, located deep inside communist east germany was also divided into east and west sectors. for nearly 30 years, this division was marked by a wall built right through the city. the wall went up in 1961. then in 1989 germany was reunified and the wall was torn down. man: the wall comes down, there is great euphoria. finally the two cities can be connected again and made one. it is a new symbol of the unification of germany, the syol of unification of germany. people are euphoric-- they go to the wall when the wall

new assignment in europe so that he could not be here. so we are actually five of six. we are in the u.s. army war college but we are in a special program called the call are -- the carlyle scholars program. we do the curriculum in four months instead of 8-9 months. so we have got more time to do research, to do engagements with think tanks or the state department. we started in october 2014. i will not go through all the steps in this slide, but we started in october 2014 to study into russia. and the relationship between europe and russia. and it linked into several other programs we were doing already at the u.s. army war college. over time we had meetings with experts from think tanks and universities and from the state department as well. and those meetings were to confirm and improve and refine our ideas or our understanding of the russian system. so that is what we did over time. so the wargame was a month ago but prior to that we had many meetings in washington with tanks to discuss our view of what we thought the russian system was like. we use what we called operational des

were picked up trying to sail from libya to europe. james reynolds was on shore for their arrival. james: the ship carried its cargo of rescued migrants a low deck into the sicilian ports. these people are making their way to shore. they have been saved because britain and europe have been compelled to restart widespread search and rescue missions. which country did you come from? somalia? and how are you now, ok? this person is eight months pregnant. she left her 10-year-old daughter behind in nigeria. the boat trip was too risky for a child. what was it like when you saw the british people coming to save you? >> i was happy. i was relieved. james: how does it feel now that you are in europe, alive? >> i'm happy. james: britain may be prepared to rescue migrants at sea, but the government fears that allowing the people who are rescue to move to britain would only encourage more migrants to attempt the dangerous trip across the mediterranean. for now, the migrants will have to fight for space in italy. here, they jostle for new errors of shoes and socks. they will prepare for thei

future. and yes, we will deliver that referendum on our future in europe. as we conduct this vital work, we must ensure that we bring our country together. as i said in the small hours of this morning we will govern as a party of one nation, one united kingdom. that means ensuring this recovery reaches all parts of our country, from north to south, from east to west. and indeed it means rebalancing our economy. building that northern power house. it means giving everyone in our country a chance so no matter where you're from, you have the opportunity to make the most of your life. it means giving the poorest people the chance of training, a job, and hope for the future. it means that for children who don't get the best start in life, there must be the nursery education and good schooling that can transform their life chances. and of course it means bringing together the different nations of our united kingdom. i have always believed in governing with respect. that's why in the last parliament, we devolved power to scotland and wales and gave the people of scotland a referendum on whethe

. >> may 8 marks the 17th anniversary when germany allied forces ending world war ii in europe. next, from the memorial in washington dc, a ceremony commemorating the victory. speakers include the white house national security adviser susan rice and historian alex kershaw. followed by dozens of world war ii aircraft's, with planes flying in formation is representing a major battle of world war ii, pearl harbor through the final air assault in japan. >> good morning p or what a beautiful day it is today. on behalf of the friends of the national world war ii memorial board, and the national park service, welcome to the national world war ii memorial. it is my great honor to be your master of ceremonies this morning as we commemorate and remember the 70th anniversary. we are here today to salute those of the world war ii generation who helped save the world from tyranny. we offer a special salute to the men and women of armed services fighting the war on terror. we want them to know that their service is deeply appreciated. [applause] veterans, we only debt of gratitude and a lasting ap

: now that the united nations has delivered europe to the united states, to foes -- two foes have been defeated, and i salute the members of the armed forces of the united states, throughout the african and european campaigns. we have a one of the battle of europe -- the fact is we have been fighting not to wars but one global war, a global war in which at the darkest hour, hour active enemies threatened to join forces in the middle east thus isolating china and russia. had that effort been successful the combined strength could have been directed at the destruction of the three nations of the world one by one. we had to consider the possibility that after the conquest of asia africa and europe, germany might engulf the british isles and might then join with japan as -- in attacks on our coastal cities and industries. by that time, we would have been fighting alone. the outlook was serious. therefore, our strategy was first, to prevent at all costs the junction of germany and japan, and second, to crush them one at a time. we had to destroy the nasties first -- destroy the first. it wa

on our future in europe. as we conduct this vital work, we must ensure we bring our country together. as i said in the small hours of this morning, we will govern as one nation, one united kingdom. that means rebalancing our economy. it means giving everyone in our country a chance so in a matter where you are from you have the opportunity to make the most of your life. it means giving the poorest people the chance of training, a job, and hope for the future. it means the children who don't get the best start in life, there must been or shri education and good schooling that can transform their lives and of course, it means bringing together different nations of our united kingdom. i have always believed in governing with respect. that's why the last parliament we devolved our to scotland and wales and give the people of scotland a referendum on whether to stay inside the united kingdom. in this parliament i will stay true to my word and implement as fast as i can the devolution that all parties agreed for wales, scotland, and northern ireland. governing with respect means r

truman addressed the nation, even as he proclaimed that the flags of freedom fly all over europe, he reminded all americans of those priceless lives that were rendered as a sacrifice to redeem our liberty. as the news spread and people poured into the streets to celebrate, in new york, london and paris, cheers and laughter mixed freely with tears. and even in the midst of one triumph, we vowed to fight on and finish the war in the pacific. ladies and gentlemen, 70 years after that great turning point in the history of our world, we remember the sacrifice that was made to preserve freedom. those who laid down their lives for a better future. the americans who won the beachhead at normandy, inch by bloody inch. from britain, the few who defied the luftwaffe. the free french who never accepted nazi occupation. the brave poles who fought for our freedom and yours. the canadian regiments who put the crossed friends into northern germany. -- across friends into northern germany-- france into northern germany. the resistance movements in every european country. and in the east, the people o

paid the ultimate sacrifice. ♪ >> on this date 70 years ago peace at last in europe. the most destructive conflict was finally over. shortly, and barriers will be removed and the public, having laid there readswreaths, will disperse too. >> germany marked the end of the war with a ceremony. the event included speeches by the heads of both houses of parliament as well as a historian who wrote extensively about germany in the 20th century. this is about an hour and 10 minutes. >> federal president, madam chancellor president of the federal constitutional court excellencies colleagues, guests the 8th of may was a day of liberation. when these words were spoken in the address to the german bundestag 30 years to ago today, not the first person to express this, but the first to do with the authority that resides the head of state. it does not reflect broad public opinion. but affections were changing, and today, it is the view that was just shared by the majority of germans. the 18th of may marks -- the 8th of may marks the end of a war that was started by the german government. by

"earthquake in europe," president herbert hooverproclaimed america's steadfastness to the gold standard. but despite official pronouncemen manyuropeans feared that america would be next to devalue itsurrency. inational investors rushed to redeem their dollars for gold. boatloads of american gold reserves were sppedverseas. to protect the american banking system, to preserve confidence in the dollar based on the gold standard herbert hoover directed the federaresee system to make changes, changes that would "keep the american dollar ringing true in every city in america and in the world." the fed responded by raising its discount rate foing erananks pusup ratof interes paid to their depositors. e result -- foreign investors earned more interest and were enticed to leave their money in u.s. banks. the strategy worked. confidence in the dollar was restored and the gold drain was plugged. but there were other more serious ramifications. dr. edward bernsteinformer principal economist u.s.asury department. britain was the most important ading country in the world. if they let the value ofterl

united nations have delivered europe from the nazis nazis, two of our three enemies lie among the ruins of their own, evil ambitions. we have come far along the road since those early, perilous days that shook the world. i salute the members of the armed forces of the united states for courage and complete devotion to duty. throughout the african and european campaigns. i salute the men in uniform ashore afloat or in the vast city of india, china and burma. the fact is, we have been fighting not two wars, but one global war. the global war in which at the darkest hour, our axis enemies were striking eastward and westward halfway across the world, and threatened to join forces in the middle east thus isolating china and russia. had that been successful the combined strength of the axis coalition could have been directed at the destruction of the three nations of the world one by one. we have therefore to consider the possibility that after the conflict of asia africa and europe germany might engulf the british isles, and might then join with japan and attack on our costal cities an

about justify it. jonathan: where other violations better? we talk about europe and the u.s.. i know you like japan, but isn't japan just reading dollar-yen? as that changed? mark: that is one of the reasons that the japan market has gone up so much, the currency. there is change going on in japan. there is an increasing focus on return of equity and generally more shareholder-friendly positions. shareholders are low and it feels that slowly but surely japan is getting catalysts. jonathan: comments from stanley fischer. in some ways i found them quite bizarre. at the moment, the nervousness around the initial interest rate hike has been replaced by being somewhat comfortable with the fact it could be a shallow path. it is not a fact, it is an outlook. how can these guys be so confident when the rate hike will be shallow when they don't even know if they will raise rates? mark: there is a very strong desire amongst authorities to test the system and get a rate rise out of the way and see help markets react. if you look at the underlying economic fundamentals, unlike previous rate cycl

greece will be potentially moving toward the exit of europe . we are going to get a short do over at kicking the can down the road. italy up by 0.4% today. we had market action over in australia. target's reaction to the central bank cut once again a record low rate for australia. it seems a slowdown in china continued to hurt in terms of the job. australian dollar is pushing higher after the rate lower to 2% up by 0.25%. most economists we spoke with 25 of 29 without we would get to the second cut this year by australia trying to stimulate its economy. the aussie dollar goes higher. we had papadavid who is confused by some of the currencies earlier. meanwhile, a norwegian bank could indeed move as well. according to what the euro is doing, coming down by half a percentage point a doesn't the dollar. we get trade and services. -- a percentage point against the dollar. we get the labor data. nonfarm payrolls. a quick check on some of the stocks. you had ubs' earnings. how is that reacting? 4.5%, smashing estimates. profitability of 88%. investment banking ramping up. 14 billion going

breedlove discussed the russian ukraine conflict and fighters flying in and out of europe. this is 45 minutes. general breedlove. all righty. staff: sir, we're going to end right at 3:30, just so everybody knows that up front. just gotta connect the engagement we've got to book up, so right at 3:30. gen. breedlove: so thank you all for being here. it's already been a long and a productive day. i do have an opening statement, and i'll get to questions, but first and foremost, i want to welcome young juliette back there, who came to work with her dad. and if -- juliette, can i put my coin in your hand? shake my hand. [applause] gen breedlove: as many of you know, i just completed eucom's posture testimony with the sasc. we had a great exchange, which i believe many of you watched, but for those who did not, i'm going to follow a few of the points that i made there. europe faces a very different and much more challenging security environment, one with significant, lasting implications for u.s. national security interests. russia is blatantly attempting to change the rules and principles

but common more emboldened when it comes to supervising of europe's banks. let's talk about this bloomberg school and bring in ecb -- scoop and bring in the ecb reporter. the ecb is achieving all of this authority and maybe a realization it may have bitten off more than it can consume? guest: what we are seeing is at least a little bit of indigestion and the early phases. let's not forget it is a new institution of the mechanism and the biggest supervisory body for banks in the world. it is overseeing 123 banking groups. doubt 27 trillion euros under management. this is certainly a very significant undertake. -- they have 27 trillion euros under management. all of the decisions have to go through the governing council which is the body which makes monetary policy for the euro area. that is about 6000 decisions a year. that is something taking up a lot of time for -- from policy makers when is be doing something else. guy: that something else is monetary policy a it is not important at the moment. the european economy is not on the forefront. jeff black: right. the 25 members of t

migrants sent back to libya as they try to reach europe. >>> also coming out, the u.n. urges the saudi-led coalition to stop bombing airports in yemen so help can get in. >>> police in texas investigate the backgrounds of two men shot dead after opening fire outside a far right conference. ifrmths . >>> i'm andrew simmons reporting from a mountainous region from nepal, and i'll explain why some of the aid isn't getting through to victims of this earthquake. >> i'm robin adams with all the sports. i'll tell you who it is later in the program. also ahead, andy murray gets his bench open trepidations off to a winning start. >>> some make and some don't. those that don't, not all of them perish as so many have. they're left stranded. the latest migrants rescued from people smuggling boats in the mediterranean have arrived in italy. in the last 48 hours alone, nearly 6,000 people have been taken to the italian port. in a minute we hear from stephanie dedekker of those arrivals. what of those turned back? she met some whose dreams were ended after he set off from the north african coas

to pay the trafficker to bring them to europe in the hope they'll be rewarded by money that is sent back some time. the hope is they'll make it to europe and if they make it they are setting an example others will follow. >> are you sure that it really is a pool factor. you told people are fleeing desperation and for their lives. are they doing a cost benefit calculus before they get into boats? >> most of them clearly go because they do not have any survival chance at home. if you see that about a billion people have not enough to eat you and have only 50 million refugees. you can see immediately that most people stay at home even in very dire situations. those who go are those who are mostly very, very desperate. of course there are some cases like those villages in africa who collect money in order to make one of them abroad. but even then they're very poor and have no other possibility and secure their future. when it comes to europe of course we could take in lots of migrants without suffering. germany needs about 5,000 migrants every year just to remain stable to have a stable

about tensions in the region. brian: refugees are taking to these cities to europe and southeast asia. peter: and the world health organization admits it failed in attempts to tackle be a bola health outbreak. the u.n. envoy david navarro talks about lessons learned. brian: we begin this program in burundi where turmoil is continuing. the embattled president has sacked his foreign and defense ministers. peter: this new cap -- this news comes five days coup. brian: it is seen as deep divisions in the administration as it tries to come to grips with ongoing violence in the capital. reporter: shots again fired in the capitol on monday as soldiers tried to disperse antigovernment protesters. in recent weeks it was the police clashing with demonstrators. then a sign of ever-increasing tension, the military is on the streets with machine guns and rocket correll -- rocket propelled grenades. >> we will continue with the protest. even if they shoot at us, we will stay on the streets. reporter: more than 20 have been killed in burundi's worst crisis in a decade. it began after the president an

they can >> the migrant crisis sweeping europe, are governments turning their backs on those that need help the most? >> compass with sheila macvicar only on al jazeera america >> you've liabilities seen the stories of the massive refugees braving escape across the mediterranean, fleeing turmoil at home . al jazeera america's new program, sheila macvicar's compass, many turn to an invisible railroad, a secretive path north. sheila found the angel who leads them on their way. >> halo, halo. >> i remember the first time i got an sos at sea. >> in sisly even across the sea, migrants know noel sufi as the voice of the mediterranean. her phone number in their pockets, as they begin their perilous crossing. to the italian coast guard. >> last august there were 17 boats at sea and eight were calling my mobile. eight and they were each calling 20 or 30 times until they were all rescued. >> an arabic speaking italian, dedicates her life to helping the thousands of syrian who crows the mediterranean each year. >> it's not easy. many days i don't sleep. but my life is simply nothing. it is s

... >> these people wanna get as far away as they can >> the migrant crisis sweeping europe, are governments turning their backs on those that need help the most? >> compass with sheila macvicar only on al jazeera america ♪ hello again, the top stories on al jazeera, human backed talks on negotiations to end the conflict in syria are underway in geneva u.n. envoy staffan de mistura will meet government and rebel representatives as well as regional players. saudi arabia is speaking with coalition members about a temporary hold in air strikes so humanitarian aid can get in neighboring yemen but jets hit several airports across the country including a cargo plane in sanaa. burundi constitutional court has cleared the president to run for a third term. a peace deal that ended a 12-year civil war this 2005 states a president can only serve two terms. his third term led to more than a week of deadly protests. u.s. secretary of state john kerry has made unannounced visit to is a somalia and roslyn jordan has an update from kenya. >> reporter: the first time ever that a u.s. secretary

it. joseph stiglitz: in germany and the rest of europe refuses to change in the program i think there is no alternative. the first test would be for you to realize that austerity is a mistake and there are fundamental laws and the structure of the eurozone. racing bank we are too late. they need money as they need in the next couple of weeks. -- francine: we are too late. i understand what you are saying but we do not have the time. joseph stiglitz: under the conditions that did the eurozone , refuses to change a policy that has proven wrong and lead the country down 25% decline of gdp. this is depression like. more than 50% use unemployment. it is destroying the country and the future. i would have to lean and say you bargain in good faith. not everything but you did an awful lot and they will not face up to the realities for francine: what happens if greece leaves or default? joseph stiglitz: really serious for europe. greece is small but what it is saying is this contract, this union is a temporary union. next time spain has a little bit of a problem and a different governmen

surrendered to allied forces ending world war ii in europe. next, from the memorial in washington, d.c., a ceremony commemorating the victory. speakers include white house national security adviser susan rice and world war ii historian alex kershaw. and later following the ceremony a fly-over of the national mall with the planes flying in formation representing the major battles of world war ii from pearl harbor to the final air assault on japan. >> good morning. >> good morning. what a beautiful day today. on behalf of the national park service, welcome to the world war ii national memorial. it is my great honor as we remember the 70th anniversary of ve day. we are here today to salute those of the world war ii generation who helped save the world from tyranny. we also offer a special salute to the men and women of our armed services who are fighting the war on terror. we want them to know that their service is deeply, deeply appreciated. to all of these warriors and veterans, past and present we owe a debt of gratitude and our lasting appreciation for their service to this country. a

-- there are no more global implications if europe has the means to contain whatever happens why -- why should we care? >> so we should care for a number of reasons okay? the first is economic. if this is not handled well, and you get an accident, an accident tend to have unforeseen circumstances. you could have, you could have problems elsewhere. i don't think that's a huge probability but you keep an eye on that. there's also the geopolitical side. europe right now is being pulled in different directions. and part of the pulling in different direction is what's happening with russia. and russia has gotten more interested in cypress russia is getting more interested in greece. and finally there's the national political element. one of the most interesting aspects of europe today and you reported about it in your segment about syriza, the segment of fringe parties. and what the emergence of fringe parties do is they make policy making at the center much more difficult. so we should keep an eye on this okay? we don't want this accident to have geopolitical and national political i

. google has an issue in europe that it's facing. will our judiciary committee have any input -- >> guest: well, we already have. we've communicated with some key people in europe to say that in the united states our antitrust laws are focused on protecting the consumer, not on protecting other businesses. and we're very fearful that the europeans may be envy yous of the environment we have -- envious of the environment we have in the united states for the creation of new businesses like facebook and google and so on are trying to use their antitrust laws to disadvantage these companies. and one example, google told that they couldn't do certain things with their searches, okay we won't offer it in spain. so for about two weeks you couldn't use it in spain and then after the spanish officials heard from the people of spain that they wanted it, they backed away from it. but that's the kind of situation that we've got to combat. we want to make sure that interest laws serve a good purpose, but that's to promote competition, not to distort competition, not to favor domestic compa

and nasdaq up by 26 points. if you take a look at the early trading this morning in europe you'll see at least in this hour the major averages there in the green. the ftse is up by 1.7% after that surprise massive win for the conservative party in the u.k. we'll talk more about that in just a little bit. in asia overnight, you'll see that yeah things ended higher there as well. the nikkei was up by close to .5%. and the shanghai composite was up by 2.25%. oil prices this was an interesting story yesterday. the crude oil sector was down across the board. it was the only sector lower for stocks and that came as crude oil dropped by 3.3%. that was the worst day in a month after hitting it's highs the day before. this morning prices up slightly. above $59.59.03. check out the ten year because the yield versus been on a tear. yesterday was the first time in nine days that we had seen a down day for treasury yields. at this point you look and you'll see they're still sitting well above 2%. 2.195%. the dollar this morning, the dollar index coming off a multiweak low yesterday. the dollar is

industrialized agriculture. europe's land footprint is big, and the consequences are being felt both at home, and abroad. after a full work-week in the office, this couple heads out to harvest the fruits of their labors. succulent vegetables they grow themselves on an ecologically pristine plot of land. but this is the rare exception. the rule is intensive cultivation -- factory farming. in developed countries, crops are grown on an massive scale, using industrial methods. consequences are over-fertilization and soil depletion. another problem is that land used for agriculture is constantly shrinking. germany is no exception. klaus: we're still seeing vast areas getting paved over -- getting used up: around seventy hectares a day. >> seventy hectares lost to road construction and urban development daily, that is equal to some one hundred soccer pitches. land is getting scarce. in 1960 the equivalent to one soccer pitch was available to supply each resident of an industrialized country. by 2008, only two thirds were left due to population growth and more intensive demand. but if availabl

today marks a historic anniversary. 70 years since the allied victory in europe in world war ii. on ve..e., the cloud of fear that it hung for so many years finally lifted. here at home, from small towns to times square, crowds gathered in celebration. singing and dancing with joy. they would be three more months of deadly fighting in the pacific, but for a few hours the world rejoiced in the hope of peace. general eisenhower announced the news with little fanfare. the mission of this allied force, he said, was fulfilled. but his simple message belied that the stored irrigation of the allied victory. and the staggering human loss. for over five years brutal fighting laid waste to an entire continent. mothers, fathers children were murdered in concentration camps. by the time the guns fell silent in europe some 40 million people on the continent had lost their lives. today we pay tribute to all who served. they were patriots, like my grandfather who served in patton's army. soldiers, sailors, airmen, merchant marine, and the women of the wacs. they gave their lives so people like we cou

. europe does not sound as if it is yielding. what is your scenario at the moment? you have three outcomes. lay them out for us. guest: what we call a semi stable agreement is the most likely. we put a 60% probability on that. the idea is a political agreement will be made, and initial payout will be made. then we will have to negotiate a third bailout package. we have seen the situation rumbling around the situation. there is a risk of new elections in greece as a result of this. we find it difficult to see where there is a solution and we can say, greece is solved. this is an ongoing issue. anna: it looks as if when we get the breakthrough, it might only feel like a partial breakthrough. only with the europeans and not the imf. we end up with some of the funds on locked. michala: they tell us to participate, the debt situation needs to be sustainable. with the deterioration of the public finances and the economic situation the debt sustainability is not met. that means an initial compromise is likely to rethink a third bailout package which we estimate would have to be in the vi

economist at icd. was that what you were looking for? >> absolutely. europe as a whole is looking a lot better and when the main engine of europe is even firing faster that really makes my projections look much better. so i'm looking forward to seeing more good data coming in for europe. >> some economists are arguing that it's good because it leads to an adjustment process. do you think that as well? >> well germany has a very strong labor market and very low in unemployment rate and you would expect to see wages rise and with the minimum wage increase workers think of themselves as against the base. when the base risers they expect their wages to raise as well. it makes them for them to be expecting higher wages. it's also very good for germany and europe if german consumption increase which is we would expect if people have more money to spend and they're going to go out and spend it. german goods, that's good for germany. european goods, that's good for europe. >> looking at what the vice president of the fed was saying yesterday that he thinks that looking at the state of play now

playing body language? let's talk about greece. let's talk about europe. mr. draghi is speaking at that event in portugal. we have some analysis on that as well. we are joined by jacques. friendly, constructive, but no deal. i'm getting a bit bored of this. jacques: they are still far apart from each other, and i think that every side is sticking to his own view on this. clearly, there's not enough pressure to reach a deal. pressure has to increase much more for a deal to be reached. we haven't probably reached a peak in that political crisis. guy: who do you think has got the best hand? jacques: i think the greeks have a number of cards that they can put on the table. unfortunately, i think the greeks have a few more cards to play and they will probably play them. on the same side, the europeans have their own mandate. guy: what are the cards? what will they put on the table? jacques: they've already started playing the default card. i think that is going to continue. that is a painful one for the europeans. the second one is refusing essentially to put to the greeks what it is the eur

dip into direction territory. the french drug maker with one of the best performing stocks in europe with reports that pfizer is eyeing a takeover bid. you have a duty to change the face of fifa. these are the words of sepp sepp blatter speaking ahead of a vote on his re-election as president. >> italy's numbers just hit the table. growing 0.3% from the first quarter from the fourth quarter of 2014 confirming a preliminary estimate and also revised up to 0.1% year over year. taking a look at the euro a little higher holding on to 109. a similar level that it traded at yesterday. we should point out as we hit the halfway park in 2015 italy is actually the out performer. ftse mib up 24% year to date. greece is a top story for us. there's more mixed messages in the situation in greece. lagarde warns a grexit could be possible but would not mean the end of the euro. >> meanwhile the greek government hopes to wrap up cash for reform negotiators with it's len dors lenders by sunday. but 7.2 billion euros in loans can be released. steve has been speaking to various leaders on a prospect of

that, we begin. >> it was 70 years ago today when the second world war ended here in europe. on may 8, 1945 officers of the german army signed the unconditional surrender of the nazi regime in berlin. >> we were not to berlin to see the commemoration of the liberation of the city. >> in the process we found out about the huge human price paid by the liberators of germany. >> it was a day of solemn remembrance. at berlin's striking soviet war memorial, the public paid their respects to the 6 million red army soldiers slaughtered in the war. a ukrainian delegation visit -- visited the cold war landmark to commemorate the 70 years since nazi germany's surrender. >> it's not something to be celebrated. you can reflect on it through prayer or silence or through quiet discussions. >> it's a monumental place where+ people are commemorating the 70th anniversary of the end of world war ii. germans and citizens of former soviet countries want to set an example here together to make sure that lessons of the past will not be forgotten. >> a reminder of the past, too at the brandenburg gate. image

waters if they try to enter malaysia illegally. anchor: europe is also struggling with a refugee crisis in the mediterranean. now it looks like the eu's plan to strike and destroy the boats of people smugglers could get international support. german foreign minister frank-walter steinmeier says he think the plan will get approval from the un security council. anchor: it happens as another 600 migrants disembarked from a british navy ship in sicily. they were picked up as part of the enlarged european search and rescue operation at sea. benjamin netanyahu is preparing his proposed government for the approval of parliament after two months of coalition horsetrading. anchor: his coalition contains five parties. it only commands a razor-thin majority. it also marks a shift to the right by giving increased prominence to naphtali bennet's far right jewish home party. netanyahu requested a delay of several hours in projecting -- present in his cabinet after disputes about the dissolution of ministerial posts. what was behind this long delay all the horsetrading? let's bring in time you kramer.

>> all right. are you excited? coming up, 4:00 in the afternoon in europe. the closing from bell. this is the bloomberg market day. i'm betty. we go.e wit a close to another trading day. scarlet, bring in josh. we have the bloomberg news and editor,omberg stocks mike. atlet's just quickly look where we are, about to close here, because just as we've gotten into the last few moments, you can see here, we've down here, guys. /10 of 1%.0, off by 2/s maybe everyone is just sort of their books out before the weekend. >> well, you don't want to be weekend, whenlong something could happen in greece. >> that makes sense. 20% less thant average for the day. and really, the big mover of the was qwest diagnos diagnosis. newstells you how little there was today. >> and how trigger-happy investors are. >> reminds me of -- i hate to say anything reminds me of 2007, day, whenn the scarlet was training me how to day it terminal, every was sperks. didn't matter how bogus the rumor was. you somethingls about a bull market that's this old. slowing.s in that extent, it is similar to love to talkeopl

death of general franko western europe's dictator more than 40 years. how that will unfold will manifest itself over the coming days, even though the p.p. the governing party across the nation has got the most votes in many, many town halls in many regions the left of center can muster more votes and will be klafka to put people into power as mayors. >> now, in barcelona, for example, an anti-poverty activist has been elected mayor, and the candidate could win in madrid. how will that affect daily life in spain? >> well the big issue here is is the national government which is still controlled by the party popular going to do its daily business with the regions and the municipalities when they're actually controlled by podamos. the 41-year-old anti-poverty, anti-eviction activists looks as though she's going to become mayor in barcelona, although it's a very very fractured landscape in barcelona. her party only has 11 of the 41 seats that she's known to perhaps get into some sort of alliances. in madrid we've got the 71-year-old grandmother, ex-communist, manuel car mano we represents po

europe that dominated following the prime minister's promise of a referendum by 2016. reporter: a yearly tradition with customs that date back centuries. the britain's opening of parliament isn't just about the guilded coaches and glittering diamond crown. rather, the annual ceremony sets the government's agenda for the coming year. in a speech written by the government for the queen. cloaked in robes the house of lords and m.p.'s were eager to hear david cameron with confirmed plans for an e.u. referendum. queen elizabeth: united kingdom's relationship with the european union and pursue reforms to the benefit of all member states. alongside this, early legislation will be introduced to provide for an in-out referendum on membership from the european union before the end of 2017. reporter: a date for the referendum hasn't been set but it could be as early as next year. the bill is expected to be published on thursday with a debate set as early as next month. after cameron returns from this week's meetings with european leaders. the queen also announced certain tax freezes. yet, th

foreign policy chief asks the u.n. for help to stop criminal groups smuggling people to europe. >>> hundreds of rohingya migrants make it to indonesia but hundreds more remain stranded at sea. i'm lauren taylor, this is al jazeera live from london. also coming up. yemen's hot i couldn't rebels battle along the board one day before a cease-fire is due to begin. no break through expected at the e.u. despite greece desperately short of money on the eve of a huge loan repayment. plus. [music] many feel the law promoting music in french has had its day. >> hello, beginning with the growing problem of people smuggling and trafficking, which is becoming increasingly urgent for governments in europe andation. in a moment we'll look at the rohingya rescued off coast of malaysia. there has been a mandate to find and destroy smuggleers boats in libya to stop migrants to europe. last couple of hours the e.u. foreign minister chief has addressed the security council. >> our message to all libyans is clear, the european union is ready to support new any possible way to make sure that libya c

. friday's election against the prince of jordan he has support from europe and support from one or two countries in asia but beyond that the millions that fifa generates, and the way that they have distributed those millions to previously impoverished regions has made him hugely popular. so despite a number of calls for him to step down the election will go on as schedules, and he should win. >> andy richardson, thank you. ♪ >>> at least 55 iraqi soldiers have been killed in a wave of suicide bombings by the islamic state of iraq and the levant. the bombers attacked during a sand tomorrow in anbar province. it's not clear how many bombers there were. but the military says they were attacked from multiple sides. it happens a day after iraq announced a major offensive to try to retake anbar from isil. imran khan has the latest. >> reporter: shia militias mount an assault on isil fighters north of ramadi. there has been sporadic fighting since tuesday as both sides prepare to battle for ramadi. they are trying to take control of villages and townes and use shelling and cut off their

which simmers on. tom burridge reports now from donetsk. tom: the war on europe's eastern edge is one year old. ukraine's soldiers continue to accuse russia of fueling the conflict, in a region where people are bitterly divided. >> the war will finish when russian troops go away from our country. as for me, i think that -- i don't have enemies in donetsk. i have a lot of friends. but now i can't visit these friends. the friends shoot to me. now, i have to shoot them. tom: months of bombing have driven countless families from their homes. but for those who cannot leave, the horror of living next to a frontline drags on. ivan is 76. the war has robbed him of his pension, killed his wife and his sister-in-law. he now lives on his own, and food is scarce. ivan: there were bombs, bombs bombs. tom: so many, he tells us, that his wife had a heart attack. he tells us how his sister-in-law was killed by shrapnel. we feel abandoned, he says. we cannot go anywhere, because of the checkpoint. his road leads to the front line , which has not moved significantly in nearly three months. ukraine's ar

it mean for britain's future in europe? >>> inside south africa's gang culture, exclusive interviews with members who say there is no way out. >>> victims and heroes of world war ii are remembered. >> we have the sports news including the spanish football dispute the season will be saved according to the managers of barcelona and real madrid. >> hello after weeks of bombing saudi arabia said that it will implement a five-day cease-fire from tuesday providing houthi rebels also agree stop fighting. the agreement was made after the saudi saudi-led coalition launched new strikes in yemen. leaflets have been dropped to warn residents to evacuate before new bombing gets under way. >> during talks of the u.s. secretary of state in paris. >> the cease-fire will begin this tuesday may 12th, and will last for five days. >> there will be no bombing no shooting, no movement of their troops or maneuvering to reposition their advantage. no movement of heavy weapons or others the cease-fire is conditioned on the houthis agreeing to live by these commitments. and it is a renewable commitment. in ot