it is a summit that the nato secretary himself has described as one of the most important since the alliance was founded. >> moments ago, he condemned russia's heart in the ukraine crisis accusing moscow of destabilizing the region and accusing vladimir putin of using negotiations as smokescreens. >> german chancellor chimed in saying that the alliance did discuss further sanctions against russia. she says that nato continues to seek a political solution and a solution that includes further negotiations. >> ukrainian president attended the summit accusing russia of brutally undermining ukrainian stability. he did voice cautious optimism that a piece deal will be reached. >> we want to get to newport,
wales. once again, russia is topping a nato summit. >> indeed. you just set it. the ukrainian president came out at the day's meetings, just now, by the way, to talk about this topic and as usual, when it came to nato and ukraine, there was a lot of symbolic but a very little substantial. merkel said this repeatedly, they don't want a military solution. what is next to do for it nato and the basically, better cooperation with ukraine, for example, cyber defense is something or logistics or command and control. they want to help ukraine help itself militarily. that is what the general secretary of nato rasmussen said
in this respect. basically, that is all that could be expected here so no huge surprise because after all ukraine is not part of nato. >> we are talking about russia as being a force that nato has to contend with. nato itself saying that this is one of the most important summits in its history. are we seeing a read earth or a renewal of the allies before our very eyes? >> i spoke with one senior nato official in brussels and he said that he thought even without all of the crisis, nato was at the end of one phase and the call that the phase of operations with afghanistan, with the balkans. it was clear from the start, even when the summit was in the making way before the ukraine crisis that nato had to find a new role for itself and in some way the ukraine crisis has made
it easier for nato because it has given renewed importance to the alliance and it has shown to nato officials that they needed to be faster, more responsive, to have their troops more deployable if they wanted to react. that is why they want to have this high responsive force which is deployable within 48 hours. as of now, nato troops are deployable within five or six days, so that would be a major improvement. that would be the biggest thing movably we are expecting them to discuss that on friday. >> >> ukraine's president for a shank oh -- poroshanko expects
to have peace talks. >> the rebel leaders in ukraine have said they're prepared to do likewise. >> despite all of the talk of a cease-fire, the situation on the ground is not appear to have changed. there are fresh reports of fighting. >> the tide it seems has turned for the ukrainian army in the east of the country. after the advance of the rebels in recent weeks, ukrainian government soldiers are now on the defensive will stop for them, a cease-fire now could be more urgent than ever. in the south of the country, the rebels have opened a third front. according to ukraine's army, the fighting has already reached the suburbs. heavy shelling also continued overnight in donesk. residents there don't believe that a talk about a peace plan will yield results. >> neither side can agree to the other side man's.
that is it. and we are the ones that get shelled from all sides. >> it is all just talk. if they were really telling the truth, then they would achieve something. but so far, they are just lying to our faces. >> the russian foreign minister warned nato allies not to sabotage russia's peace initiative by offering nato number ship to ukraine. >> ambassador, thank you for taking the time to talk with us. your president was the guest of honor at this nato summit. got a lot of assurances of friendship and of support. no assurances of hard weapons and troops to help you in this battle. has nato let you down?
>> nato had let us down for quite a while. the sanctions are good. you cannot fight back and you cannot defend your country in the face of a nuclear power with night vision goggles. what we are getting from the west, there will be some ways for military help and equipment including the lethal weapons. again, it is just a discussion. >> your president, mr. poroshenko says that he will order a cease-fire possibly as
early as friday. why do you think the separatist will stop fighting? >> >> we had already won a sensual experience with cease-fire when we declared cease-fire in early june and wound up with many more dead soldiers and premises gained by the terrorists. so, right now, there is a feeling in the air at least on our side of the fight that we had already and not. another of the dead voice. we need somehow to get it over with and come to some sort of solution. >> vladimir putin was reported
as saying recently that he could take kiev in two weeks if you wanted to. when you hear the russian leader speaking that way, how real can you believe that diplomacy is going to solve this problem -- this crisis? >> the rhetoric that we hear from the russian side is absolutely incredible. to hear such words from the russian president. this will continue to cease to exist. it makes us extremely worrisome. the russian mother is starting to get coffins with their boys from the other side. this is something that no amount of propaganda can't cover up.
russians have come to the realization that they are getting played, they are getting used. i think that this is what putin starts to realize too. >> the ambassador at large join us from kiev. >> u.s. senator john mccain is in ukraine for a show of solidarity with the government. >> what do you make of the announcement of the potential cease-fire? >> we want to see a cease-fire but if it is a cease-fire in place then that gives over large portions of eastern ukraine to russia and i don't think the ukrainian people would accept such a thing. >> france says over the next hours whether the european community continues with sanctions. what do you think? >> i think it is ridiculous.
one imposed the last round of sanctions, that automatically there will be further sanctions. he is now in an all-out invasion. it is >> what does it take to solve this crisis? >> it takes in arming and equipping of ukrainians to provide them the intelligence that they need, it requires really tough sanctions on fine repute and and other measures that obviously that they were not willing to take. click senator john mccain, thank you very much. >> he will shift gears and turn to some business news and it is no secret that the euro zone economy is struggling and needs help. >> nosed people do not expect the help to arrive. the european central bank cuts interest rates to a historically
low level to half of one percent. >> in out a program to pump money into the economy and stimulate buying. >> european central bank announced another reduction to benchmark interest rate. it is the ecb's latest attempt to inject some life into the euro zone economy by encouraging banks to lend rather than keep their powder dry. >> we took into account the overall subdued outlook for inflation, the weakening in the euro area's growth momentum over the recent past, and the continued subdued monetary credit dynamic. >> the interest rate has been cut repeatedly since 2008. it is cheaper than ever for banks to borrow from the ecb. draghi and announced another student is measure.
>> in addition, the governing council decided to purchase private sector assets. the euro system will purchase a growth portfolio of simple and transparent asset backed securities. >> that means the ecb will be buying up loans and bonds but the measure has been criticized in some quarters. if those loans are defaulted on, it is european taxpayers that will have to cover the cost. >> the decision to cut interest rates took traders and analysts by surprise as well. >> the ecb's announcement boost the stock prices all over europe this thursday. the euro plunged downwards, of course. if investors get even lower returns in the future because of the interest rates being so low, this makes other currencies more attractive. besides this, the ecb's policy
is controversial discussed on the trading floors and many people doubt whether lower economy in the eurozone needs to get back into gear. thanks have even fewer excuses for not lending to the real economy. interest rates are so low now that the speculation on even lower rates has become obsolete. >> let's take a closer look at those numbers. germany's dax gained one percent on thursday, the euro stocks ended the day up by 1.8%. where traders are on the floor, the dow jones is currently in negative territory and the euro is trading at one dollar 29. with six a short break but coming up we will have more on the ebola crisis and what the who is doing about it. -- stay with us.
>> the world health organization says that ebola is spreading faster than ever. that warning comes on reports of another physician contracting the ebola virus. lex for bank countries are worse -- >> forebrain -- four countries are affected by the virus. the restrictions are creating another set of problems. click here in the library and capital, traders at this market are struggling to make ends meet. this man says that profits are being affected for people who used to sell 50 bags of rice and are now only selling 10-15. not only has the outbreak hit the supply of foodstuffs, it is driving rices, making it
difficult for people to buy the most basic items. many customers complained that they cannot afford the new prices come especially for basics such as rice and onions. the shortages can also cause health risks. this man in the red t-shirt is infected with ebola. earlier this week, he was so hungry that he escaped quarantine in a clinic to look for food. health authorities say the international community needs to do much more to combat the outbreak. >> this ebola epidemic is the largest and most severe and most conflicts we have ever seen. in the nearly 40 year history of the disease. >> more than 1900 people have died during the outbreak and just over 40% of them in the last three weeks. the world health organization shows that the epidemic is spreading faster than efforts to control it.
>> there have been some treatments for the ebola virus that have offered a bit of hope. one of them is the most recent u.s. drug. >> much about infection and the way it spreads remains unclear. scientists need to learn more about the virus and they can develop safe effective treatments and perhaps one day of vaccine. >> fruit bats are natural host for the ebola virus. scientists suspect that the current human outbreak began when an infected bat came in contact with a young boy in guinea. his mother also succumbed to the virus. both died within a week. an international team of researchers collecting samples from 78 patients in sierra leone by analyzing the genetic makeup of the virus, we can track where the strain came from, how would mutates, and why it is so aggressive.
here at a lab at the university of marburg, virologists are searching for answers. they want to find out why ebola kills humans but not the fruit bats that the virus came from. >> clearly, the fruit that's immune system can deal with the infection where is the human immune system cannot. we believe that it is the way the white blood cells react to the infection. these cells dictate our response to the viruses. >> ebola actually attacks the body's scavenger cells triggering a fatal chain reaction. the immune system goes into overdrive come it begins producing far too many messenger molecules. these impact the blood vessels which rupture leads the leading. finally, the organs baleful much about infection remains unclear
all stop for instance, what does it do to our blood cells, has spread, the scientists need the answers to these questions so that they can develop a cure stop that could take some time and stop but, some recently developed vaccines every is stopped >> experiments on infected monkeys were perfectly some of the 100% as it. we still do the same as humans. chemical studies will be done for both vaccines but it is too late, it should have been done earlier. >> the world health organization hopes to achieve containment and 6-9 months. this outbreak has killed more than 2000 people and many more are expected to follow the him. >> getting back to nato and afghanistan and ukraine. we know ukraine's top of the agenda at the nato summit leaders are looking for ways to
stabilize afghanistan. the country is in lyrical limbo. there is no let up in attacks by the taliban. >> nato led troops continue to with draw. the soldiers patient at -- we went to look at what impact the pullout is having. >> this is not to size, of the tenement has hot fire. an unintended candle set a tiny church of light. they're heading home soon. we drive along the camp's perimeter, the area housed a water treatment plant, big refrigeration units. >> everything around me was packed with tents, shelters and equipment. this is home to thousands of soldiers from all over the world.
now, almost nothing is left. >> this building was a pizzeria. a favorite hangout for troops. and welcome break from the monotony of canteen food. it was torn down for structural reasons and is unlikely to be replaced. more than ever, countries are pulling their resources. this danish army helicopter is carrying german and british soldiers. such patrol flights are less frequent as the number of helicopters is reduced. the aircraft are essential for fast transport and some will stay to the end. down in the camp, try rudy's changed long ago. in the workshop, vehicles used to be repaired, now they are
being dismantled and sold off. these are being offered to local dealers. mostly as spare parts. >> we will sell this truck for 2000 or $2500. >> the selloff has raised some 2 million euros so far. the drop in the ocean compared to the original costs. this is an increasingly common scene, soldiers flying home. a lucky few get a seat on a civilian flight. for years, this has been the biggest base outside of germany. it is unclear what will be left of it after 2014. >> visitors to berlin this week are in for a special treat.
tons of free street concerts are taking place tomorrow and today as part of berlin music week. >> the free festival is a celebration of all types of music from the boxers to house djs to traditional singer-songwriter's. >> the lineup favors newcomers over the name talent. we caught up with three musicians who might be the next big thing. >> sound check for the big show. the band, i heart sharks is getting ready for the concert. their sound is indie-tronic with a touch of electro. >> we play synthesizers like guitars and guitars like synthesizers. we make music you can dance to,
that moves both your feet and your head. >> the treo comes from new york, leipsic, and london. two of them met while partying in berlin. the city offered cheap rent and plenty of young musicians, perfect conditions for forming a new band. >> you meet people from all walks of life who make their own music here. they can collaborate with us and work on other projects. >> the music magazine has been observing this trend for years. germany's music capital is attracting more and more young creative types from abroad. >> it might be a bit too early to say this but i could imagine a kind of berlin sound making its way into rock music that could not emerge from a place like new york. >> berlin music week opens with
parties, festivals, and club events. it brings in tens of thousands of visitors, 450 acts from germany and abroad. >> the berlin music week is about new talent. when i started to develop the talent -- the festival, that was important to me. the stars play in berlin every day. we want to support new artists. >> i heart sharks is laying their second set at the festival. the international audience also makes it possible to gain new fans incited germany and abroad. -- inside of germany and abroad. >> a lot of people have come from outside berlin and even other countries to see the musicians. you can reach an international fan base here. >> the group has earned itself a
record deal and a new tool or starting in november. -- and a new tour starting in november. >> we have some breaking news. the legendary american comedian joan rivers has died in new york. but she was 81 years old. her career took off in the 60's when she broke into the late-night talk shows. she became known for her fierce and caustic humor. she said the key to her success was that she said what everyone else was thinking. >> thank you. goodbye.
this week on waelt track and investment world turned upside down. kathleen explains why bonds riskier and stocks the safer one. for a strategy for capital gains and incomes is next on consuelo gains wealth track. >> new york life offers investment and retirement solutions so you can help your clients keep good going. >> additional funding