is divided between all europe and new europe and when i write an article before $1017.00 addressing this issue it is to cause down to the baltic pipeline and the revenge and the revenge a sentiment in the eastern part of europe which was somehow colonized by the soviet union and as we can see german french and other western nations are reluctant to previous commentators rightly said to participate in that because they are realistically assessing the cost of this participation of oil and also the moral cost of participating in the iraq war but eastern european countries are driven by slightly different parameters and as i said when it comes to the polls. 2 we can see that the american government of the american administration is heavily subsidizing the pipeline invented by the polish government in 2017 we know that the 1st transit of ellen g. gas was delivered in northern poland and board by the state owned oil and gas company called g m g so we know that trump displaying all of the hoax in the united states you know draw your wedge between the old europe new year old and new europe

brand let refugees cross into europe this trigger another humanitarian crisis this is inside story. however and i'm come all santamaria it is the biggest single day loss of turkish soldiers in syria's civil war $33.00 of them killed on thursday by government airstrikes in it labe which of course we know is the last rebel held province in the country and turkey's retaliation it has been swift its military says it's attacked more than 200 syrian army positions and some turkish politicians are even calling for a ground offensive but they've been some diplomatic moves to president reject typer one called russia's vladimir putin to discuss the deal they had signed to coordinate in ately ban to prevent the fighting from miscue lazing while nato which turkey is a member has pledged further support. condemn the continued indiscriminate strikes by the syrian regime under shah in italy province today's meeting is a clear sign of solidarity with turkey turkey is a valued nato ally and turkey is the nato ally most affected by the terrible conflict in syria which has suffered the most terrorist

i mean that and that europe for example cannot. prevail if it doesn't back together yeah as you've been speaking and we're just looking at some of these pictures of you know the u.s. at one of the biggest delegations ever to this munich security conference we see the speaker of the house nancy pelosi getting on stage here we also just saw the former secretary of state john kerry and again that delegation really speaks to the importance of the u.s. at this event. just to bring you back in on this what tone do you think that speech sets for this weekend ahead because this is supposed to be more than just speeches also a chance for world leaders dignitaries diplomats to really come together and talk business. was the closest to naming and shaming of international leading countries amongst them allies germany president could possibly get it is what we just now the music yoga conference is about to launch into what will be a very interesting discussion with nancy pelosi and the head of the german bundestag germany's parliament about the

brand let refugees cross into europe this trigger another humanitarian crisis this is inside story. however and i'm come all santamaria it is the biggest single day loss of turkish soldiers in syria's civil war 33 of them killed on thursday by government airstrikes in which of course we know is the last rebel held province in the country and turkey's retaliation it has been swift its military says it's attacked more than 200 syrian army positions and some turkish politicians are even calling for a ground offensive but they've been some diplomatic moves to president reject typer one called russia's vladimir putin to discuss the deal they had signed to coordinate an atelier ban to prevent the fighting from iska lazing while nato which turkey is a member has pledged further support. condemn the continued indiscriminate airstrikes by the syrian regime under the shah in provence today's meeting is a clear sign though solidarity with turkey turkey is a valued nato ally and turkey is the nato ally most affected by the terrible conflict in syria which has suffered the most of terrorist atta

migration we've africa and if europe also pretends to have a listening ear to what africa wants that we do not only talk about protecting our borders but that we also talk about the good part ways for africans to come to europe the coming months will prove if europe's asked you to want africa has truly changed otherwise the e.u. is journey south would be more sure than substance my guess it a is to me and as he she is a policy officer for african institutions with the think tank ac d p m bloc m 6 days every news africa like his style but we're going to talk about funding lions plans in a moment but 1st just give us a sense solve what is the relationship status if i can between the e.u. and the aid you at present. thank you so much for having me christine the relationship between you and africa we are seeing a dynamics of change because historically the relationship as we know i know by symmetry where it was well one sided on the e.u. looking for power and influence and also doing arrested country nation ship but lately for the past especially for the past 2 years we've seen it transf

port nor the refugees we will open our borders for the refugees to flee into europe and as we speak 18000 people have crossed the border by the end of today 25000 will cross on to europe and from this day on we will not close our border simply because the e.u. has not fulfilled the promises it made we will do all we can until we went in spite . there's been another spike in corona virus cases in iran as infections continue to climb outside of china iranian state t.v. reported another $295.00 new infections in just 24 hours a jump from the previous tally of 3889 new deaths were reported. as the headlines and news continues here after inside story stay with us. retaliates not the syrian as strikes killed dozens of its soldiers syrian government positions have been attacked but there's also a threat from ankara to renege on a deal with the e.u. brand let refugees cross into europe with this trigger another humanitarian crisis this is inside story. however and i'm come all santamaria it is the biggest single day loss of turkish soldiers in syria's civil war 33 of them killed on thursday by go

because more europe cannot mean europe alone. and the attempts to distance europe from north america not only weakens the transatlantic bomb and our ability to compete on the global stage it also risks dividing europe. i don't believe in europe alone us or don't believe in america alone i believe in europe and america together. so we should not compete with ourselves and talk our differences while talking down our strengths europe and north america are indispensable partners 2 sides of the same korean. together we are harmful the world's military might and half of the world's economic might so when we stand together we can compete with confidence protect our interests and defend our values thank you. i'm not on yet thank you very much section all right so we're going to talk about afghanistan because there is a crippling yeah yeah you could feel like i'm. sorry everyone. let's talk about afghanistan with the moves towards a potential reduction in violence. if all goes well possibly even a peace deal this means that the u.s. will

and europe don't see eye to eye on a number of policies including president donald trump's decision to withdraw the u.s. from the 2050 iran nuclear deal several european countries also didn't join a u.s. ban on the chinese tech giant huawei playing a role in their 5 g. networks mr frum has criticized european allies for not spending enough on defense budgets to support nato and the u.s. opposes a new gas pipeline project known as nord stream to between russia and germany across the baltic sea the e.u. considers trumps middle east plans a departure from international agreements on the palestinian israeli conflict. ok let's bring in our guests in moscow we have glenn dyson professor of international relations at the higher school of economics and author of the decay of western civilization and the resurgence of russia joining us from brussels is to reason fallon director of the center for russia europe and asia studies and formerly a member of the strategic advisors group to nato we also have in london roderick why he's an associate fellow at the asia pacific program at chatham house and

spoke with the german foreign minister heikal masamune he said maccollins comments could prompt europe to take a more critical look at its own role in the transatlantic alliance as if it we will accept the invitation to the strategic dialogue we believe that we 1st need to decide within europe how to meet the increased demands in the future we will have to do more for our security but i think it would be a mistake to put europe against the us. as it were in its security alliance that works nato but it needs reform and we're discussing that now we want to bolster the european side of nato and to do that we 1st need to reach consensus in europe that dialogue that the monoid mccrone has proposed complaisant if it can roll in this that's why we will take part. in them to give you chief political correspondent melinda crane is covering the conference for us in munich she joins me now melinda hello there's a clear debate about the current state of the transatlantic alliance and your specific role what are you hearing from delegates about the best way to move forward. essentially from the eur

a concentration on businesses here in europe and especially in the southern part of europe. tragedy of the coronavirus has approached these shores right near where you are investing. i'm wondering what impact you are seeing on the businesses you own. restaurant businesses, dental businesses in italy. what impact are you seeing? >> it is early days. the weekend was a bit of a shock in terms of the impact it has had in our italian businesses. the restaurant businesses have had some impact because naturally, people are more fearful to go out, the government decided to close in shopping malls, so it has had some immediate impact. the expectation is a will probably continue to do so until people are more able to assess the risk properly. cautious because it is a difficult time to price risk. matt: what response do you expect? rome askingng brussels for more leniency in terms of the rules. do you expect real fiscal stimulus? nikos: i would expect and hope it would be the case, and i think there will have to be more measures, because the last couple of days, you already see the ita

because more europe cannot mean europe alone. and the attempts to distance europe from north america not only weakens the transatlantic bomb on our ability to compete on the global stage it also risks dividing europe. ah don't believe in europe alone. don't believe in america alone on i believe in europe america to get the. because that is stoltenberg being it realistic aren't there are a number of european countries that are actually more more seriously thinking about going it alone than ever before. but we've seen criticism from the us of an a so we've heard french peasant amount of my core cool name brand brain dead so at the very least there is a desperate need for a reform within nato there's a recognition of that but it's unclear what will really take them forwards at the same time i do have to stress that that is simply the facts don't he is the diplomat in chief keeping nato together so you would say that what he just said ok mikaela commissioner at the next security conference thanks for that. the coronavirus epidemic is

and europe. european economic security and defense partnerships with asian powers can build a network across the pacific that will constitute quite a formidable force for a free and indo pacific and it can also open avenues for infrastructure projects to push back or deliver alternatives to the chinese golden road initiative. the establishment of independent european defense forces that is sometimes criticized by washington, i think is key to europe's ability to operate autonomously and independently from the u.s. this is precisely the sort of ally that the u.s. needs at a time where it wants to push more responsibility over onto its allies. europe is well positioned to do this. it will take some time. maybe a decade or two. this is not something that you do overnight. practice taking the lead and slowly, but surely, this kind of force is developing and there is also a european military footprint in the india pacific which is supported by an increasing number of countries. this strengthens the tr

when the lion showed the importance of africa for europe by traveling to addison during her 1st week on the job she's now traveling back to address with her entire commission a symbolic move the african union is a part of i count on and i look forward to working with in the spirit of a true partnership of equals. ditcher person. today i'm not here to present some grand plan for africa i am here 1st and foremost to listen. patmos she heavy costs the e.u. has been criticized for not pursuing this in the past but found a lie and says that she now wants to move the relationship between europe and africa in a different direction from a focus on development and aid to cooperation based on investment and respective interests and intention that seems welcome from the african side or. we're grateful that she is here and it shows this goes without saying her implication of the partnership between europe and africa we think of as a bit here the e.u.'s desire for a new kind of relationship with africa comes as europe recognizes that other powers are increasing their influence on the continent ch

what we sell in europe is largely made in europe. the trade deals have a secondary effect, but not that much impacting us directly in our business model. vonnie: that is all we have time for. we will have to get an update on the restoration of the rembrandt masterpiece you are undertaking another time. our thanks to thierry vanlacker. at wheres take a look european stocks have settled. not much action during the option but plenty of action during the last stages of the session. a significant selloff driven on high-volume volatility spiking as well. those are the final numbers you are looking at today. some people are saying we would get a turnaround today. in europe, that did not turn out to be the case. the analysis at the top of hour with the cable show on dab digital radio. bloomberg radio. you can find it on all of your bloomberg devices. this is bloomberg. ♪ guy: welcome back. we are getting updates on the number of cases of coronavirus reported in italy. the lombardi region around milan is updating us and updating the numbers

is divided between all europe and new europe and when i write an article $42017.00 addressing this issue it is to calls down to the baltic pipeline and the revenge and the revived a sentiment in the eastern part of europe which was somehow colonized by disorder union and as we can see german french and other western nations are reluctant to previous commentators rightly said to participate in that because they are realistically assessing the cost of this participation of oil and also the moral cost of participating in the iraq war but eastern european countries are driven by slightly different parameters and as i said when it comes to the whole stream too we can see that the american government of the american administration is heavily subsidizing the pop pipeline invented by the polish government and in 2017 we know that the 1st transit of ellen g. gas was delivered to show you know we share in more than poland and board by the state owned oil and gas company called p n g n g so we know that trump displaying the. hoax in the united states you know driving a wedge between the old europe

is divided between all europe and new europe and when i write an article before $1017.00 addressing this issue it is to calls down to the baltic pipeline and the revenge and the revenge a sentiment in the eastern part of europe which was somehow colonized by dissolves union and as we can see german french and other western nations are reluctant to previous commentators rightly said to participate in that because they are realistically assessing the cost of this participation of oil and also the moral cost of participating in the iraq war but eastern european countries are driven by slightly different parameters and as i said when it comes to the whole stream too we can see that the american government of the american administration is heavily subsidizing. pipeline invented by the polish government and in 2017 we know that the 1st transit of ellen g. gas was delivered to show you know we share in more than poland and board by the state owned oil and gas company called p n g n g so we know we try displaying all you have all the hopes in the united states you know driving a wedge betwe

is divided between all europe and new europe and when i write an article before 1017 addressing this issue it is to cause down to the baltic pipeline and the revenge and the revenge a sentiment in the eastern part of europe which was somehow colonized by disorder union and as we can see german french and other western nations are reluctant to previous commentators rightly said to participate in that because they are realistically assessing the cost of this participation of oil and also the moral cost of participating. the iraq war but eastern european countries are driven by slightly different parameters and as i said when it comes to the polls. 2 we can see that the american government of the american administration is heavily subsidizing the pipeline invented by the polish government in 2017 we know that the 1st transit of ellen g. gas was delivered in northern poland and boarded by the state owned oil and gas company called g m g so we know that trump displaying all of the hoax in the united states you know draw your wedge between the old europe new year old and new europe is will

france announced as the 1st death in europe from the coronavirus epidemic chinese tourists dies in a french hospital as the global death tolls of pasta 1600 officials from china insist the outbreak will soon be of. and in football head the building was back in action this time with a new coach alexander nearing stepping up to take the reins against head of one to getting things shocked to touch. a math anyhow thanks for joining me on the 2nd day of the munich security conference world leaders have laid out opposing views on the health of the western alliance earlier today u.s. secretary of state my pompei are projected claims that his country is backing away from its role as a global leader. day 2 of the munich conference one of the main speakers u.s. secretary of state mike pompei o he began by. contradicting a thesis put forward the day before by german president flying father steinmeyer winning that the united states rejects the international community and a quote. here this morning to tell you the facts i'm happy to report that the death of the transatlantic alliance is grossly o

europe was already in focus yesterday as we've heard with much debate about strengthening europe's international security cooperation today europe is back on the agenda how so. well today's discussions have very much focused on threats to european peace and security from within and there's a lot of concern about the rise of right wing nationalism both within member countries and also in countries on europe's periphery also authoritarian regimes what's often referred to here as ill liberal democracy and the rise of corruption again particularly in countries on europe's her. if free all of those seen as a very real threat to europe's peace and stability in the question is how can leaders really work on strengthening rule of law both within the e.u. and also providing a beacon to those countries in eastern europe that are hoping to become the us and very much need support for their own path to democracy when the crane in munich thanks so much. china is reporting a drop in new coronavirus cases for the 3rd straight day beijing says the decline shows the country's efforts to control the spread of the

legitimate space in europe after the cold war series a felon in brussels was this for you a domestic speech delivered internationally by mr pompei. at the munich security conference that was just held over the weekend he did say democracy is winning and that kind of language is what resonates with the u.s. audience but it he was followed by defense secretary esper whose whole talk is pretty much china china china so it's a very different different narrative and the europeans felt that the pump speech wasn't very well received and that it wasn't actually very well written we've seen a decline in democracies throughout the world and authoritarian rise and the biggest issue right now for europeans is how they're going to navigate between an authoritarian china and the u.s. also they're worried about russia as we have this difficult narrative and how the u.s. is going to map it out they made a pretty clear at the munich security conference that europe is going to have to choose and this is one thing that europe does not want to have to do will require in london so clearly the u.s. expect

and europe don't see eye to eye on a number of policies including president donald trump's decision to withdraw the u.s. from the 2050 iran nuclear deal several european countries also didn't join a u.s. ban on the chinese tech giant huawei playing a role in their 5 g. networks mr frum has criticized european allies for not spending enough on defense budgets to support nato and the u.s. opposes a new gas pipeline project known as north stream to between russia and germany across the baltic sea the e.u. considers trumps middle east plans a departure from international agreements on the palestinian israeli conflict. i. bring in our guests in moscow we have glenn dyson professor of international relations at the highest school of economics and author of the decay of western civilization and the resurgence of russia joining us from brussels is to reason fallon director of the center for russia europe and asia studies and formerly a member of the strategic advice as group to nato we also have in london roderick why he's an associate fellow at the asia pacific program at chatham house and fo

is divided between all europe and new europe and when i write an article for forbes $1017.00 addressing this issue it is to cause down to the baltic pipeline and the. sentiment in the eastern part of europe which was somehow colonized by disorder union and as we can see german french and other western nations are reluctant to as previous commentators rightly said to participate in that because they are realistically assessing the cost of of this participation of oil and also the moral cost of participating. the iraq war but eastern european countries are driven by slightly different parameters and as i said when it comes to the northeast. 2 we can see that the american government of the american administration is heavily subsidizing the pipeline invented by the polish government in 2017 we know that the 1st transit of ellen g. gas was delivered in northern poland and boarded by the state owned oil and gas company called g m g so we know that trump displaying all the hoax in the united states you know draw your wedge between the old europe and new year old and new europe is willing to sp

emmanuel mccall very different pictures of the western alliance boss france announces the 1st death in europe from the coronavirus epidemic a chinese tourists passes away in a french hospital as the global death toll of the outbreak surpasses 1500 people but officials from china where the virus started insisting outbreak will soon be over. i'm called aspen thanks for joining me on day 2 of the munich security conference world leaders have laid out opposing views on the health of the western alliance earlier today u.s. secretary of state mike pompei old rejected claims that his country is a backing away from his role as a global leader. day 2 of the munich conference one of the main speakers u.s. secretary of state mike pompei oh he began by contradicting a thesis put forward the day before by german president func father steinmeyer lee winning that the united states rejects the international community and quote. here this morning to tell you the facts i'm happy to report that the death of the transatlantic alliance is grossly over exaggerated that may be but the morning's other main speaker w

a drop that could cut earnings by 10% in europe, meeting earnings are negative in europe. he classifies this as a problem that is especially prevalent here because it is twice as exposed in europe. there's a lot of exposure to asia. he does say, however, that it is a short-term thing and we have the support of economic cycles. it means short-term corrections, but not a bear market. nejra: edward park is still with us. is your shared view because you think earnings are going to recover or because you think markets have priced in the hit? >> it's a combination of those two. earnings are starting to be watered down. -- miss, thea mess real risk is that equity earnings don't come through. the future could actually be quite supportive of earnings because they don't need to deliver now. one thing we are in is this low interest rate world which means the cost of waiting is quite low . the markets got an excuse to ignore some of these near-term weaknesses in corporate earnings may or may not be part of the global economy. nejra: how are you expressing your overweight in equities?

legitimate space in europe after the cold war series a felon in brussels was this for you a domestic speech delivered internationally by mr pompei he at the munich security conference that was just held over the weekend he did say democracy is winning and that kind of language is what resonates with the u.s. audience but it he was followed by defense secretary esper whose whole talk was pretty much china china china so it's a very different different narrative and the europeans felt that the pump speech wasn't very well received and that it wasn't actually very well written we've seen a decline in democracies throughout the world and authoritarian rise in the biggest issue right now for europeans is how they're going to navigate between an authoritarian china and the u.s. also they're worried about russia as we have this difficult narrative and how the u.s. is going to map it out they made a pretty clear at the munich security conference that europe is going to have to choose and this is one thing that europe does not want to have to do will require in london so clearly the u.s. expe

if europe start to go along it will divide europe from or from article. but it is also the wild europe so too golo is not good for not good states is not good for europe to roll wars to cold war fought to get started somehow photos that we need to stand together if coming up on a sleigh i can't imagine europe being able to guarantee its own security in the foreseeable future because we need the us but when i look around the world i can't see any power that is as close to us culturally and economically as the united states. that's why i think it's good for us to hold on to it but the fact that we sometimes wrangle with the americans that we sometimes have different points of view means that the europeans have to get more involved and make a more effective contribution only then can we have a say. but come on meet. the new threats don't permit europe to go it alone nato is being forced to stick together as shown by the rapid reaction force. tank commander hagi tim's working day is coming to an end he and his crew have been involved in this exercise for seve

so people from eastern europe are moving out of their home countries but people are moving to europe say feels like there's almost an untapped results right there this is what prime minister viktor orban of hungary had to say about the results he doesn't like the idea of people from outside hungary coming in to hungary have a listen we meet at that and we get out we'll keep pressure megaworld only we must push away the arguments that in global terms migration is able to solve the european population decrease if we accept it then there is nothing that we need to do but if we do not accept it then we do need to do something if europe in the future will not be populated by europeans and if we accept that as a natural facts then we basically contribute to an exchange of populations we contribute to the process that the european population will be changed there will be local shackle teacher. this has to be an obvious answer but why is so many european east european countries so anti the idea of people from outside coming in to help them with the fewer numbers of what as they have for inst

networks and in fact europe europe has already decided that it will allow while way that's something that does not sit well with the united states at all and i think the most surprising thing that we heard today was actually the defense secretary marc esper who said that china is the number one priority of the pentagon potential adversaries not russia but china so this was something that the u.s. was very much wanting to hit home in trying to convince the europeans that this is a security risk for them if they go ahead with with increasing business ties with china they've the u.s. has made it clear in no uncertain terms that it does not approve of this however crawl they have backed off of a threat to stop intelligence sharing with european partners if they do use while way technology so we're not really sure where the those threats will go now but it seems that the u.s. has had to it had to accept some use of what we technology in european 5 terry do we learn anything more today about a potential peace deal that's being hammered out apparently between the u.s. and the taliban. not n

networks and in fact europe europe has already decided that it will allow while way that's something that does not sit well with the united states at all and i think the most surprising thing that we heard today was actually the defense secretary marc esper who said that china is the number one priority of the pentagon potential adversaries not russia but china so this was something that the u.s. was very much wanting to hit home in trying to convince the europeans that this is a security risk for them if they go ahead with with increasing business ties with china they've the u.s. has made it clear in no uncertain terms that it does not approve of this however crawl they have backed off of a threat to stop intelligence sharing with european partners if they do use while way technology so we're not really sure where the those threats will go now but it seems that the u.s. has had to it had to accept some use of what we technology in european 5 terry did we learn anything more today about a potential peace deal that's being hammered out apparently between the u.s. and the taliban. not

side in europe. we have seen an increase in the manning on the defensive side for nato nations in europe. sen. tillis: thank you both. i have a lot of questions, but general lyons, we will be in touch so i can get insight into hhg. >> thank you, mr. chairman. gen. lyons:, we have touched on --general lyons, we have touched on the kc 46. you say this is your number one shortfall. you say it will create a critical and deepening gap in refueling aircraft for the next five to seven years. you do a good job outlining the problem. at the end of your prepared remarks, you say we recommend reevaluating aerial refueling for structure plans annually. that does not reassure me. i want to know, what is the plan? we cannot project force if we cannot refuel airplanes. you have identified a five to seven year gap. do we do? you don't need to give a full answer here, but for the record, i would like to see an action plan, not just reevaluation. gen. lyons: we will be happy to work with the air force and come back to

massive losses coming through for europe this morning. fairly indiscriminate in terms of selling off but the more cyclical sectors are taking the brunt of the hit let's take a look at the individual stocks in the green, these here a every other stock trading below the flat line this morning. the airlines taking the brunt of the hit. ez share is down 12% airlines seeing a massive change in direction wti down 3.5%. brent down 3.6%. despite the. know in oil and the benefit that would pose to the airlines it's very much offset by the downturn in demand expected for the airline industry gold, meanwhile, proving the safe haven of choice for investors, one of the safehavens, up 2.7% to 1687. let's take a look at u.s. futures. they are expected to -- u.s. futures are pointing to a very weak open for wall street. the dow jones looking at more than 700 life point drop at the open this negative sentiment stemming from the rise in reported cases of coronavirus over the weekend, expected to filter through to the u.s. >>> g-20 financial leaders have wa

is divided between all europe and new europe and when i write an article $4017.00 addressing this issue it is to cause down to the pipeline and the revenge and the revived sentiment in the eastern part of europe which was somehow colonized by the subject union and as we can see german french and other western nations are reluctant to previous commentators rightly said to participate in that because they are realistically assessing the cost of this participation of oil and also the moral cost of participating. the iraq war but eastern european countries are driven by slightly different parameters and as i said when it comes to the polls. 2 we can see that the american government of the american administration is heavily subsidizing the pipeline invented by the polish government in 2017 we know that the 1st transit of ellen g. gas was delivered in northern poland and board by the state owned oil and gas company called g m g so we know that trump displaying all your hopes in the united states you know draw your wedge between the old europe and new year old and new europe is willing to spen

make europe's a vitally important for us only in and through europe was germany able to stop oscillating between rampant power politics and cultural who press. this united europe will only survive. if we regard it as the most concrete repository for german responsibility in the region i say it openly here at this conference which is devoted to security issues i say and is that all the dangers that face germany i see none greater than that our german narrative of the future dispenses with the united europe and whether as a result of a lack of insight because of indifference. or in some people's eyes even through intent. the question that you might try to be asking is what are the concert. and how should we approach europe and the world. we need. and that's my advice to us we need to adapt mentally to the new reality to this changing reality to the new reality otherwise we will lose touch with europe. and the us we will also lose our ability to shape events the realistic view of the world i'm calling for does not advocate resignation certainly doesn't advocate cynicism. no. comment realism

it's hour of truth now he wants europe to be faster to me decisions he has to say that europe is a continent that stopped believing in its future here addressed a problem of the rise of populism and he addressed the fact that people simply stopped believing in european values so of course that's the bone of contention with germany he talks about the idea of a common budget on a was a strong one budget with us so would europe also be able to have the financial means of its political action he wants more european initiatives he wants an increase of cooperation in the defense department so as to increase the power of interventionism by iraq lots of work to do in fact there's some people who could argue these were rather dire he was painting a rather dire picture but let's listen to what the french president had to say about where europe will be in the next 10 years the you know i have in mind is here and that is sulfur and united under law that take an act such and in 10 years time i'd like to see europe that has enough leverage to celebrate when it comes to policy is to acknowledge the migrati

secretary general young starting back to try and smooth over the continuing transatlantic tensions europe and north america are indispensable partners 2 sides of the same korean so when we stand together we can compete with confidence protect our interests defend values thank you i think every correspondent teri schultz is covering the conference for us from munich she joins us now for more in fact are you doing more than just covering the conference or actually moderating one of the panels this morning the pale panel you were moderating that discussion what was your biggest takeaway. karl i think the thing that struck me the most was how different this pompei of speech was from those we've seen in brussels or the comments that president trump makes about the european union you know normally they're all about america 1st america leading and in this case as you heard secretary pump aoe said we're a team and we are winning we're doing it together we're winning collectively and this is something i haven't heard from secretary pump aopa for so it was very interesting to get the sense that he

french announces the 1st death in europe from the corona virus from a chinese tourist dies in a french hospital as the global death toll surpasses 1600. and in football thirds of berlin were back in action in the get this time with a new coach alexander nuri stepping up to take the reins against power born after your conclusions months departure. a michael thanks for joining me world leaders and policy makers are wrapping up the 3rd and final day of the munich security conference the crisis in syria and support for nato are major topics but the conference has also seen leaders give opposing views on the cohesiveness of the western alliance french president has said europe should increase its independence after calling for a strategic dialogue over the role of france's nuclear weapons and european defense . he spoke with the german foreign minister heikal mohsin munich he said much comments could prompt europe to take a more critical look at its own role in the transatlantic alliance as a vivid and we would step the invitation to this strategic dialogue now we believe that we 1st need t

is divided between all europe and new europe and when i write an article before 1017 addressing this issue it is to cause down to the baltic pipeline and the revenge and the revenge a sentiment in the eastern part of europe which was somehow colonized by the subject union and as we can see german french and other western nations are reluctant to previous commentators rightly set to participate in that because they are realistically assessing the cost of this participation of oil and also the moral cost of participating in. the iraq war but eastern european countries are driven by slightly different parameters and as i said when it comes to the polls. 2 we can see that american government of the american administration is heavily subsidizing the pipeline invented by the polish government in 2017 we know that the 1st transit of ellen g. gas was delivered in northern poland and board by the state owned oil and gas company called g m g so we know that trump displaying all of the hoax in the united states you know draw your wedge between the old europe new year old and new europe is willi

if europe starts to go along it will divide europe from north america. but it is also the wild europe so to go alone is not good for not the states it's not good for europe to roll wars the cold war fought to get started somehow thought was that we need to stand together. honestly i can't imagine europe being able to guarantee its own security in the foreseeable future because we need the us but when i look around the world i can't see any power that is as close to us culturally and economically as the united states. that's why i think it's good for us to hold on to it but the fact that we sometimes wrangle with the americans that we sometimes have different points of view means that the europeans have to get more involved and make a more effective contribution only then can we have a say. but. the new threats don't permit europe to go it alone nato is being forced to stick together as shown by the rapid reaction force. tank commander hagi tim's working day is coming to an end he and his crew have been involved in this exercise for several weeks now. but

"etf iq europe." that is coming up around 9:30 a.m. london time. this is bloomberg. ♪ erg. ♪ francine: economics, finance, politics, this is "bloomberg surveillance." i am francine lacqua in london. let's get straight to the bloomberg business flash in new york city. here is viviana hurtado. viviana: the top job at hsbc has an external candidate. talks with europe's biggest banks. the board remains undecided, though. it is still including candidates, including the interim chief. hsbc says it could take until august to name his new boss. $3 billion to settle federal investigations for wells fargo. the penalties may be the largest yet for scandals when the bank conceded employees may have faked millions of accounts. they may announce penalties as soon as today. tesla got the go-ahead to resume legalng in germany, over roadblocks standing in the way of plans to build an electric car factory near berlin. tesla'sng is a boon to ambitious timetable to have the plant up and running by the middle of next

the 1st death in europe from the coronavirus a chinese tourist dies in a french hospital as the global death toll surpasses 1600. and in football we're back in action in the bundesliga this time with a new coach alexander nerdy stepping up to take the reins again. after going klinsmann shock departure. a michael thanks for joining us world leaders and policy makers are wrapping up the 3rd and final day of the munich security conference the crisis in syria and support for nato are major topics but the conference has also seen leaders give opposing views on the cohesiveness of the western alliance french president and all has said that europe should. recent independence after calling for strategic dialogue over the role of france's nuclear weapons in european defense. spoke with the german foreign minister heiko mosse in munich he said microphones comments could prompt europe to take a more critical look at its own role in the transatlantic alliance as a vivid we will accept the invitation to this strategic dialogue we believe that we 1st need to decide within europe how to meet the incr

side in europe. we've seen an increase in manning on the cyber ops defensive side for nato nations in europe. >> sen. tillis: thank you both. i have a lot of questions, but general lyons, we will be in touch so i can get more insight into hhg. >> thank you, mr. chairman. general lyons, we've touched on the transition to the kc 46. you say this is your number one shortfall. you say it will create a critical and deepening gap in refueling aircraft for the next five to seven years. you do a very good job outlining the problem. but then at the end of your prepared remarks, you say we recommend reevaluating aerial refueling for structure plans annually. frankly that does not reassure me. i want to know, what's the plan? you cannot project force if we cannot refuel airplanes. you have identified a five to seven year, a deepening gap. what do we do? you don't need to give a full answer here, but for the record, i would like to see an action plan, not just reevaluation. >> gen. lyons: we'll be happy to work

s desire for a new kind of relationship with africa comes as europe recognizes that other powers are increasing their influence on the continent chinese investments abound in africa and russia is moving into there's no better example of this shift than the african union building in addas a gift from china. the fact that many big powers group powers are interested in africa but this also makes europe relatively nervous but on the positive side it's of course group that there is a clear interest expressed migration from africa is one of europe's main concerns tackling this issue is important if the relationship between the 2 continents is to me forward but critics warn that the e.u. is not really listening to what african nations want this means for example that if europe wants to discuss migration we have africa and if europe also pretends to have a listening ear to what africa wants that we do not only talk about protecting our borders but that we also talk about the good part ways for africans to come to europe the coming months will prove if europe's attitude towards africa has tru

brand let refugees cross into europe with this trigger another humanitarian crisis this is inside story. however and i'm come out santamaria it is the biggest single day loss of turkish soldiers in syria's civil war $33.00 of them killed on thursday by government airstrikes in it labe which of course we know is the last rebel held province in the country and turkey's retaliation it has been swift its military says it's attacked more than 200 syrian army positions and some turkish politicians are even calling for a ground offensive but they've been some diplomatic moves to president reject typer one called russia's vladimir putin to discuss the deal they had signed to coordinate in italy bound to prevent the fighting from miscue lazing while nato which turkey is a member has pledged further support. condemn the continued indiscriminate strikes by the syrian regime under the shah in provence today's meeting is a clear sign though solidarity with turkey turkey is a valued nato ally and turkey is the nato ally most affected by the terrible conflict in syria which has suffered the most terro

>> a greater degree of education from abridging perspective in eastern europe versus western europe and it was an issue that all of europe was aware of in the mid-eighties and they're getting reacquainted with it and they understand the imperative of making sure we have bridging programs in the regions of the northeast and southeast of europe to ensure that we can communicate fast. >> thank you so much, appreciate it. >> thank you very much. general lyons, we have discussed the case, i won't dive into that. just for note, our iowa air national guard has the 180 fifth air refueling wing, certainly we want to make sure this unit is able to sustain operations on boeing. something to discuss with the air force, general walters, i'm going to pick up where my colleague, senator peters left off, you have been talking about the state partnership program with those baltic state members while iowa has a partnership in cursive oh. i'm excited about that and have relationships and carried on for a decade of time the iowa army national guard has been involved with those partners. is the only force b

the outbreak 1st fatality in europe and the virus is making life difficult for many others. for one man in china quarantine is america a way to cope with the boredom. much of china is on lockdown in beijing people returning from the chinese new year holidays to self quarantine or face punishment china says it works. great after years have been paying off. today new infections also. have been falling for 12 days running. but authorities across china are overwhelmed with the sheer number of patients especially inside who bait province in who have the capital of patients are admitted to a new hospital with thousands of chinese traditional medicine doctors. also in hand doctors trying everything they can to tackle the virus including shaving their heads in case pathogens in their hair spread the virus and outside china thousands are also in quarantine the united states announcing it will effect to its citizens from the diamond princess currently docked in japan just one of many ships in asia that are on lockdown. the big question now is have infections of the fire speak no one c

france announces the 1st death in europe from the coronavirus epidemic a chinese tourist gys in a french hospital as the global death toll suppressed surpasses 1600. and in football shirts and berlin were back in action in the bundesliga this time with a new coach. alexander nuri stepping up to take the reins against kind of born after european claims munster shock departure. i'm michael oku thanks for joining me on the 2nd day of the munich security conference world leaders have laid out opposing views on the health of the western alliance earlier on saturday u.s. secretary of state mike pompei rejected claims that his country is backing away from its role as a global leader. day 2 of the munich conference one of the main speakers u.s. secretary of state mike pompei oh he began by contradicting a thesis put forward the day before by german president fine father steinmeyer what really winning that the united states rejects the international community and quote . here this morning to tell you the facts i'm happy to report that the death of the transatlantic alliance is grossly over exagge

in coronavirus cases for the 3rd straight day this comes after france announced the 1st fatality in europe. and sound of controversy in brazil the reigning 7 champions are stirring up a debate show asked people whether jesus could have been someone other than a white man and not everyone stands. oh and welcome on next vice or foreign ministers from major world powers met in munich to push for peace in libya germany in the united nations want to end foreign military support for libya's warring parties an agreement struck last month in berlin has been repeatedly violated with multiple breaches of an arms embargo and increased fighting now representatives of the meeting are pushing for a permanent cease fire. german foreign minister laid out a key next step following the meeting. what's important now is to establish transparency and ensure that anyone who intends to violate the arms embargo knows they won't escape on noticed. it should be clear to all breaking this embargo means violating a un resolution which will not be without consequences for groups by comfort and let's bring in chief pol

on fodor's last find a refight to europe please england. scotland are in 2 different caucus in england's one to go their own way and they want to be a bit more right wing and they want to be a bit more reclusive not supergrass save the scotland wants to be progressive. to despair about bricks it has reignited the debate about scottish independence. scotland already declared its independence once here in opera exactly 700 years ago. kenny brace is a councillor for the scottish national party the country strongest political force at the moment he wants history to repeat itself of course scotland could be independent a country with such huge as awesome as we have 25 percent of europe's offshore wind and. that's massive and we have one of the best educated and highly skilled peoples in europe and we're not saying we're any better than other people in the world but at least as good as scots won't be given the chance to vote again on whether their country should become independent unless the british government agrees. but kenny brace about to tuc

own foreigners less trying to refight to europe please england. scotland are in 2 different caucus england's one to go their own way and they want to be a bit more right wing and they want to be a bit more a reclusive and not so progress save the scotland one speed progressive. to despair about bricks it has reignited the debate about scottish independence. scotland already declared its independence once here in opera exactly 700 years ago. kenny brace is a councillor for the scottish national party the country strongest political force at the moment he wants history to repeat itself of course scotland could be independent a country with such huge as awesome as we have 25 percent of europe's offshore wind and potential. and we have one of the best educated and highly skilled peoples in europe and we're not saying we're any better than other people in the world but at least as good as scots won't be given the chance to vote again on whether their country should become independent unless the british government agrees. but kenny brace about to tuck i

well let's get a view from the heart of europe or phones of political analyst i'm the founder of the brussels based think tank the sippy foundation hello there nice to see on the program to what extent is the west experiencing as we call it a crisis of identity right now especially after bret's in everything experiencing a gradual fragmentation is that overblowing is it still as united as it was. was certainly the brics it has weakened the european external auction considerably and the e.u. used trying to find a new role in the few ration of the world which is no more the one of the post the 2nd world war so now we are not in the division of west and the rest and sort of imposition of international order based on the agreements of shelter this is over the world these multi-polar there are powers which are reclaiming their rule like china and russia. the same level like the western countries so this is something difficult for the utopian union of the cheese. structure created. over so test to redefine its reason to exist in its aids is it possible to go on is reason to exist is it is