so strength in europe against not just against russia, but mainly to keep europe apart from russia. because it h a soon saw that there is a potential of cooperation because they're in the same continent after all, economic corporation, political corporation, between germany, france, and russia. and once this continent unites economically, politically, that's the end of the u. s. supremacy in the new world order built after the 2nd will work through the united states has, has had its troops and military bases in europe to can russia in europe far away from each other. although there has been some beneficial corporation energy trade out with joe many, there was some corporation and trades with friends and many other european nations . but even when the american troops present here in europe, there were certain limits to how far in the united states with push. and one could argue that it all changed in ukraine because for some reason, when it came to ukraine, somewhere around 20132014. and definitely a, around the early 2000 twenties, the united states decided that, you know, those red

and europe. and we did it wonderfully, well courtney did i mention very smooth transition we have with our service and it's working well. we need to do this thing for cleantech. so u.s. dollars with the ira, that's what we need to have also. our new chip act like we did for the one, and i'm convinced it will work. but we had to work and cooperation, not in competition. >> just onn that, one of the things that strikes me is the challenges of u.s.-eu operation is with two very complex unions, two complex democracies as he outlined for t the united state, the passage of the ira was incredibly complicated, negotiations behind closed doors.cr and then when the eu or the u.s. comes up with a new law or new regulation, it'sry been very had for us to change it comparably to adapt to the concerns of the united states or the european union. and i'm curious, the training technology council that is been set up between the u.s. and the eu has been highlighted by this administration as an example of transatlan

announcer: the countdown is on in europe. this is bloomberg markets european close with guy johnson and alix steel. >> let's check in on these markets, european markets, sentiments has changed, arguably but good data is good news. narrative is starting to rebel to the markets. european equities lower at the start of the session with a half turn on evidence around the services sector, the strength there, and the blot jobs number, how long will this be maintained. as we weigh out the prospects of a more intensely aggressive tackle to the strength of the jobs market. the euro-dollar down .5%. yields higher across the u.s. treasury curve. a couple individual stocks to bring to your attention, sanofi on the back -- down on the back of week expectations in terms of demand for the vaccines be that is putting pressure along that stock. a top line on the story is the exposure to the sprawling are donnie come glom or it. it is invariable to engaged in a standup think controversy with a shortselling group, total energy has a $3.1 billio

so strength in europe against not just against russia, but mainly to keep europe apart from russia. because it h a soon saw that there is a potential of cooperation because they're in the same continent after all, economic corporation, political corporation, between germany, france, and russia. and once this continent unites economically, politically, that's the end of the u. s. supremacy in the new world order built after the 2nd will work through the united states has, has had its troops and military bases in europe to can russia in europe far away from each other. although there has been some beneficial cooperation energy trade out with germany. there was some cooperation and trade with friends and many other european nations. but even when the american troops present here in europe, there were certain limits to how far in the united states with push. and one could argue that it all changed in ukraine because for some reason, when it came to ukraine, somewhere around 20132014. and definitely a around the early 2020, the united states decided that, you know, those red lines. no lo

so strength in europe against not just against russia, but mainly to keep europe apart from russia. because it h, as soon saw that there is a potential of cooperation because they're the same continent after all, economic corporation, political corporation, between germany, france, and russia. and once this continent unites economically, politically, that's the end of the u. s. supremacy in the new world order built after the 2nd will work through the united states has, has had its troops and military bases in europe to can russia europe far away from each other. although there has been some beneficial corporation energy trade out with germany. there was some corporation and trade with france and many other european nations. but even when the american troops present here in europe, there were certain limits to how far in the united states with push. and one could argue that it all changed in ukraine because for some reason, when it came to ukraine, somewhere around 20132014. and definitely a around the early 2020, the united states decided that, you know, those red lines. no longer

europe and the u.s.'s partnership has shown value and efficiency in the joint reaction to the war in ukraine and our -- since day one and so arms transfer. of course, the european continent has been a wake-up call for all of us. all of our member states realize the need to invest more and better in our common defense and to take more responsibility in meeting europe's security needs. and our strategy compass -- our, let's say, new e.u. defense doctrine. what we do at the european level to ship out ukraine i think deserves probably more attention. i should say definitely unprecedented. the total of more than $50 billion of aid already sent out of which $11 billion are weapons. an additional now $19 billion approved for this year 2023. europe is definitely a key player for ukraine and we'll continue to do this, of course. but let me reassure you. a stronger defense means a stronger nato which will remain, as you heard, of europe's security. so moving forward and becoming a security provider for the continen

than europe is producing in a month. it's a remarkable statistic. and the estonian prime minister college has said that you're have to call it resources in the same way that it did, for example, with vaccines during coal. but it has to do the same with ammunition production. but, but there's no way to respond to discretion. but by, by essentially making your, of more secure by, by enhancements, defense production of the state. but they're not when the united states also says that the u. s. would have a permanent army base near poland. i mean, this is not going to be well, come by russia. how does this help security in the continence while it helps security by helping the poles and, and those other countries in the neighborhood feel more secure. this isn't about just pandering to russia's security concerns that we have to ask ourselves what rights to the countries have bordering russia. they are not simply buffer states are proxies or palm beach or sovereign democracies who have elected governments who have a right to cho

than in europe. that's why i'm here. it's interesting you say that because i, i also love liberal. i used to go there when i was reporting on the war in syria and it was such her respite. and one thing that the suck with me is you describing lebanon a as a place where you found a freedom of mind that this is a very interesting type of freed them. what do you mean by that? well, it's not the freedom that is stipulated in across attrition, in a paper. it's not the oldest freedom commitments that you hear all the time. i in such a european union. no, it's a freedom that is lift in the sense of live and let live, you know, people live next to each other. they don't live with each other. this is also effect on lebanon, was, is 18 different ethnic groups. every traveler station that we have seen throughout the many chapters of protracted war. ah, but there's consensus, does the magnus consanzo isn't as what europe is missing, where we only see black and white now in lebanon? you have grey. this isn't a ver

in europe. that's why i'm here. it's interesting you say that because i also love lebanon. i used to go there when i was reporting on the war in syria, it was such her respite. and one thing that the suck with me is you describing lebanon a as a place where you found a freedom of mind. and this is a very interesting type of freed them. what do you mean by that? well, it's not the freedom that is stipulated in a constitution and a paper. it's not the oldest freedom commitments that to hear all the time. i answer to european union. no, it's a freedom that is lived in the sense of live and let live, you know, people live next to each other. they don't live with each other. this is also affect lebanon was, is 18 different ethnic groups. every traveler station that we have seen throughout the many chapters of protracted war. ah, but there's consensus, does the minus consanzo isn't as what europe is missing, where we only see black and white now in lebanon. you have grey. this isn't a very interesting

, europe would be much more risky. and the sure that the russians would have much less expedite for military aggression against made and decently. she could be also used to be some more thrust again, by having some inspections on both sides of the border and by having some common activities. so yes, the russians are the ones who are the rest of us. there is no doubt about it, but it's all about the sections and it will be necessary also to take into account the concerns mr. then i can type a, would you like to comment on what we just heard from vienna? yeah, i mean, i think there's a consensus in, in europe at the moment it's, it's not foreseeable that you could make a deal with the current russian administration. that would be ensuring you have to remember that deals have been struck in the past with this administration. and indeed, with russia, i mean, we go back even to 1994 when the russian federation guaranteed the territorial integrity, the sovereignty, independence of ukraine in a binding agreement. and, and of

and europe. i think europe is a bit stuck between here. tom: that was the northvolt ceeo peter carlsson speaking exclusively to me yesterday. this is a company set up by two former tesla executives. they supply vw and bmw was electric vehicle batteries but not has become a litmus test of what europe can do. that is europe's response to the massive impact of the inflation reduction act in the u.s., $375 billion worth tax credit subsidies. this company is at the pinch point of that when it comes to the response from brussels. francine: some of them want to look in europe and others want to get bigger and have more factories in the u.s. and take advantage of the inflation reduction act did --. tom: he is the first corporate executive to put a number on that, $7-8 billion francine:. great interview. let's get to the first word news with alice atkins. alice: word is to cut jobs across europe due to the shift to electric vehicles. the u.s. car giant says about 2003 hundred positions will go to germany and 1300 and the u.k. over the next three ye

than in europe. that's why i'm here. it's interesting you say that because i also love lebanon. i used to go there when i was reporting on the war in syria, and it was such a respite. and one thing that stuck with me is you describing lebanon as a place where you found a freedom of mind that this is a very interesting type of freedom. what do you mean by that? well, it's not the freedom that is stipulated in a constitutional paper. it's not all this freedom commitments that are here all the time. i insert to european union. no, it's a freedom that is lived in the sense of live and let live you know, people live next to each other. they don't live with each other. this is also affect lebanon, was his 8 in different ethnic groups. every traveler station that we have seen throughout the many chapters of protected war. ah, but there's consensus, does the minus consanzo isn't as what europe is missing, where we only see black and white now in lebanon? you have grey. this isn't a very interesting question,

s. against the people in europe, it's against the economy in europe. because america now wants to psycho europe for its own benefit and they want to make sure that germany, especially, but europe, economies is under the thumb of the us and they cannot survive on their own. so the europeans, i know, are some or europeans are now recognizing that this is the case and that they did really bad behavior against the european economies. you don't do this because of the environment. you do this because of economic dependence. this, this is the war of the us again, europe against germany, especially according to say, my hearse. the us who are behind the blow up of the na stream to pipeline to make it exclusively that only the u. s. and norway can deliver gas. us is getting rid of a competitor with the help of their puppets in the european commission. ok yet more pressure on terra, more than 30 iranian national is being targeted in the new round of sanctions. opposed by the european union, which now includes at trouble bonds and asset freezes for those individua

but speaking about europe, i can really only repeat best. it's very difficult to many of a project i thought because of missing a leah reliable practically working regulation. several countries are beginning to introduce windfall taxes to prevent oil and gas firms from profiting excessively from the energy crisis. if some of those billions where to be we invested into renewables, it could help fuel the push for climate protection. and a reminder of the top story where following for you this hour on the anniversary of the invasion of ukraine, the united states, as a fresh wave of sanctions on russia, as well as a new round of aid for ukraine worth $2.00. and that's it for me for more you can always check i p w dot com slash business. we're on the dw youtube channel as well from me and the business team here in berlin. 8th, bye bye. take with to the point. strong opinions, clear positions, international perspective in speeches marketing, the 1st anniversary of russia's invasion of ukraine. both flattery protein and joe biden sought to prepare

and thirdly, the council of europe. where we decided after world war 2, that the way to protect national minorities was the a council of europe convention on minority rights. russia would have been perfectly in its rights to say, we don't like this particular ukrainian law on the language or the rights of russian speakers, the courts and crimea, fine, you can do that, but you mustn't invade and so what i'm saying is that the problem with ah, recovering is a sense of order of predictability and is the nature of the russian regime, which has broken these rules. and so i don't think the architect should can be restored without change in russia. and lastly, i agree with the high representative that if you crane wins, and we do ever change our transformation in russia, that could possibly be a constitutional moment for the globe. so that our institutions, such as the security council, start better reflecting the that the change, the balance of power it had aches, of instead of back back to this question though, of that, of e

all across europe they do what they can help and continue to do so. cultural leaders, including the first lead -- lady of poland who is here tonight have lead with heart and determination showcasing all that is good about the human spirit. madame first lady, we love you. thank you all. [applause] i will never forget last year, visiting with refugees from ukraine who just arrived to warsaw. seeing their faces exhausted and afraid, holding children so close. worried they may never see their fathers, husbands, brothers, sisters again. in the darkest moments of their lives, you the people of poland offer them safety and liked. -- light. you literally embraced them. i watched the looks on their faces. meanwhile, together we make sure , russia is praying -- paying the price for its abuses. continuing to maintain the largest sanction regime ever posed -- imposed on any country in history. we will announce more together. this week without partners. the hold accountable those just possible for this war and seek justice for war crimes and crimes against humanit

i am team europe. europe has a lot of appeal right now. if you look at every sector in europe, there is a discount. it is very effective for investors, and the negativity that was priced in last year, going into a recession with all the troubles from the energy sector is being priced out, and it is hard to look through those upcoming tightening from the central bank. then you have to link to china on top of that. europe is looking strong at the moment. dani: i am worried we are all biased. everyone here is voting for europe. alix: i will fight it. i'll think about that for a second. dani: someone needs to hold down the fort. wes going to that story further. write down why europe is a bigger beneficiary of china reopening than the united states? jan-patrick: the connection has been stronger in the past and probably will be stronger moving forward. you have imports and exports linked to the country. you have, as you mentioned, a strong luxury consumer link that is going into the chinese as well as domestic consumption. they are consuming eur

by the way. deacon, europe has ever be, and what the non european idealized there's of europe. have. i imagine it to be in europe and russia, philosophy and the european light, and have very many, very many things in commerce. actually, russia is part of europe or intellectually, politically, politically, with a what, even in being to war period. when styling was accused of isolating. russia with his 5 year plans and so on. and that is a very good book actually never recently would called a red globalization. styling never wanted to exclude to exclude russia from western, played from western economist. but because of the, of the internal, the problems of crime, problems of the west, with a collapse of, of, of the credit system in $191929.00 cross and so on. the west itself became isolationist and protectionist. their eyes were faces managing so therefore russia was excluded by the phoenician there from the european her into war, or settlements, whatever. and then we had the 2nd world war. and so what i'm trying to explain is to point, and we'll come to your question is about 19

i'm glad that the focus today is on europe. ukraine belongs to europe. we are looking ahead to the path. for sweden, this is the backdrop. it permeates everything we do. i totally agree with the ambassadors. this is existential for not only ukraine, but also for europe as a whole and for our european identity. what kind of union we want to be, how we see our future, how we are handling it. our role, is to contribute to that unity among member states. i think it has been extraordinary, the unity we have shown, imposing sanctions. we probably surprised president putin. we might've surprised even our american colleagues. in such conference of ways. but, i also want to bring up, this is about our own identity. this is an important task to mitigate the global repercussions of this when it comes to food security and energy. ryan: you have to have two parallels, two arguments? >> true. ryan: how does that feel in ukraine? you're closer than ever to the eu, but still a long way from membership. can you talk about the tension? great success over the past year, bu

europe keeps. i'm funneling supporting nato and keeps on falling arms into, into what is clearly a proxy war against russia. in an exclusive interview going on the ground renown report, the theme or harsh breaks down the us sabotage of the node stream pipeline. which we think the exposed to the bomb shell report this been denied by washington. also this are, this is a greater made by the american made hi marsh rocket. it landed right in the yard of this musical college right in the center of the city of the and that's, that's more civilians are killed in the ukrainian shelling up rushes don't. yes, we're public. we report from the scene and one at the latest attack, a fainting fans, a clear message to washington, calling it the well, the largest war monger is china as they see here. why should we consider it policy evolving? ukraine warning that the weapons could end up on the black north with very well. welcome to you. this is not the international with the very latest wealth news update. it's goo

here in europe, we are trading more positive. a lot more green on the heat map today. yesterday, we managed to recover the deeper losses in the session. the stoxx 600 did end mildly in the red. we are up about .25% again as markets come to terms with the hawkish comments from central bank policymakers everywhere not just the fed minutes with james bullard and talks of further interest rate hikes and talk about getting bigger again if we don't get back to target that is something markets are focused on there are individual names we are focused on and from the macro perspective with the eurozone inflation data that comes out in 45 minutes time let's talk about the individual boards the dax up .50%. a good performance with the stock up 3%. and we saw yesterday with the healthcare stock down 5 points today. really taking a beating. cac 40 in france up .30% stelantis leading. the ftse 100 is down .30%. one name in focus today is rolls-royce. up 18 points today less on back of their car production and more on aviation. that is one of the names we are watching in that space m

following europe's example means living with europe's results. europe's energy policy is a warning, not a model. what is not working in europe will not work here. europe's experience should also teach us the folly of depending on tyrannical regimes for energy. thanks to the shale revolution the u.s. no longer needs to depend on cartels and rogue nations for our energy. it took us decades to achieve that. the presidents assault on american energy production will surrender this vital economic and geopolitical advantage. his unrealistic renewable electric vehicle goals will make us more dependent on our adversaries like china and russia for critical minerals and materials. the president's goals would require massive amounts of copper, cobalt, nickel, lithium the graphite, and other materials. china and russia controlled the supply chains. we need more american production. it is almost impossible to get a permit for a new mine in the u.s. in fact, the administration recently killed two u.s. copper mines. president biden would prefer we import these m

, we have to have security in europe. it's that basic, that simple, that consequential. and so, it's the single-most consequential alliance, and i would argue maybe the most consequential alliance in history, that - not just modern history, but in history. and - and so, i made it clear that the comments of the united states and our allies as partner - the commitment is real and that, a year later, i would argue nato is stronger than it's ever been. i - as i told president zelenskyy when we spoke in kyiv yesterday, i can proudly say that our support for ukraine remains unwavering. and as i told my russian counterpart not - well, it was a while now - i said, "you're seeking the - the finlandization of nato. you're going to get the natoization of finland." and it turns out i didn't know sweden was coming along as well. but all kidding aside, i think we're in - if we keep our head and we are focused, i think we're in a better position than we've ever been. and i want to thank you, president, for how poland is supporting ukrai

we when it comes to regulation and permitting in europe.— permitting in europe. we will kee a permitting in europe. we will keep a close _ permitting in europe. we will keep a close eye _ permitting in europe. we will keep a close eye to _ permitting in europe. we will| keep a close eye to proposals put forward certainly in europe and the prospect of a companies as a consequence.— and the prospect of a companies as a consequence. thank you for our as a consequence. thank you for your time- _ as a consequence. thank you for your time. thank _ as a consequence. thank you for your time. thank you. _ stay with us on bbc news, still to come: it's world hijab day today. we look at the modest garment that spawned a $300 million fashion industry. this is the moment that millions in iran have been waiting for. after his long years in exile, the first hesitant steps of ayatollah khomeini on iranian soil. south africa's white government has offered its black opponents concessions unparalleled in the history of apartheid, and the anc leader nelson mandela is to be set free

ford has announced plans to slash 3800 jobs in europe over the next 3 years. the cuts are to be focused in the areas of product development administration. the automaker sites rising costs and the need for a leaner structure as a pivots to electric vehicles. most of those cuts will be in germany and the u. k. meanwhile, europe has set a deadline for saying good bye to cars power powered by fossil fuels. the european parliament setting a new law banning their cell from 2035. well, makers in strasbourg approved the bill, which now goes to european legislators to pass in law. they say the deadline was for investment in europe and help the continent meet its goals are becoming climate neutral by 2050. but so far that you has not been able to agree on a time table to face out fossil fuel, power, buses, and trucks. or course wanted better ego joins us now from strossberg burnt. why has europe focused on a hard deadline for phasing an electric? other countries like the u. s. don't even have one where the goal for the european union is said to protect the climate and

if we want to pay the way for his throne, go to europe among nato, and in europe, a more present in africa. look at african to look at africa is crucial for the future. to leave africa in chinese and is a big mistake for everybody here. europe has been looking at africa as he says in the same way that really desperate guys look at girls and nightclubs. europe has been in africa forever. usually under the guise of counterterrorism missions are humanitarianism. apparently, europe is mostly interested in coming to the rescue of countries that just happened to have natural resources to exploit. and just like some girls night club do africa . busy to that guy, europe, to go take a hike. molly kicked france out last year after paris is resoundingly successful mission to stabilize the country resulted in a couple of qu, day ties in as many years french president, him under, in that cold, tried to dress up the dis as at strategic shift, which is like saying oh, you know, i really wasn't interested in her anyway, after camping out on her doorstep for years. and it's not like africa so desperate tha

this is the main stream on the north east of europe. and now we're told that that the center piece, you know, the central european union is moving now it's full and the bullet, you know, if you, if the euro was playing the words, that's ideologically ok. and no, no other sense. ok, or it's chose the relative weakness of the most western part of the continent, which is really kind of pathetic, but probably expected george, you know, russia expansion is russia. i mean, in, in, in the last 3 years it only makes that has been expanding, not russia wasn't, you know, later, the defensive alliance. i mean, everything like very defensive. so that's right. there was a problem with the euro, and i say is that it has very weak leadership at the moment what you would need somebody in the west. so could just take the situation by the scruff of the neck, so to speak, and to bring it to an end. you know, you need somebody was just going to say this policy is not. we have to bring this to an end. it makes no sense. it's not advancing, are interested ju

could put companies based in europe at a disadvantage. for example, many of the tax breaks only applicable for products manufactured in north america, which could of course encourage european firms to ship production to the u. s. on the plan also provides tax credits to consumers who bought electric cars made in the u. s. which could again make european made electric vehicles less attractive to bias. but even with the biggest ever climate bill, the u. s. lived behind china is green spending last year. the energy research group, bloomberg any f says almost half of all global energy transition investments with $546000000000.00. while in china, they use as chinese subsidies have been twice as high as those in the block relative to g d, p. the u, as a single entity came 2nd at a $180000000000.00, while the us spent a $141000000000.00 from brussels on join. now, by milan elk about milan as a research fellow and head of the climate policy program at the center for european policy studies in brussels. thank you for joining the program. is the ri

, europe would be much more risky. and i'm sure that the russians would have much less expedite for military aggression against made and decently. she could be also used to be some more trust, again, by having some inspections on both sides of the border and by having some common activities. so yes, the russians are the ones who are the rest of us. there is no doubt about it. but it's all about the sections and it will be necessary also to take into account the concerns mr. then i can type a, would you like to comment on what we just heard from vienna? yeah, i mean, i think there's a consensus in, in europe at the moment it's, it's not foreseeable that you could make a deal with the current russian administration. that would be ensuring you have to remember that deals have been struck in the past with this administration. and indeed, with russia, i mean, we go back even to 1994 when the russian federation guaranteed the territorial integrity, the sovereignty, independence of ukraine in a binding agreement. and, and of

there's some scholars in europe. we think that they can somehow drive a wedge between china and russia. and by trying to kind of china in as a mediator as possible mediator. but i think that this is really misplaced, and i think that china and russia clearly are aligned and they have strategic interest. so they are cooperating with each other. and it's in beijing's interests, it's nice to have a weak russia, but they don't want to weak of a russia because it's better to have put in as a useful vassal than have some maybe new reformer come in. if putin is taken out and to have someone who might be more friendly towards transatlantic relations or to the west. so i think beijing is maybe even more concerned that putin is so weak that maybe they need to help him because they don't want to see him leave power. that will let me actually will undermine it. before we run out of time, this balancing act, that china is trying to master right now. i mean, their economy completely interdependent with the united states. they can'

europe for its own benefit. and they want to make sure that germany, especially, but europe economies is under the thumb of the us and they cannot survive on their own. so europeans are now, or some, or europeans are now recognizing that this is the case and that they did really bad behavior against the european economies. you don't do this because of the environment you do this because of he cannot make dependence is this is the war of the us against europe, against germany, especially according to say, my hearse. the us who are behind the blow up of the na stream to pipeline to make it exclusively that only the u. s. and norway can deliver, get us is getting rid of a competitor with the help of their puppets. in the european commission. chinese n has described us quote, a blatant interference in a sovereign nations. first, an address made to protesters by a senior e u official who has not been expelled from the north african country. your side, the european trade union chief, attempted to defend her actions. i

europe for its own benefit. and they want to make sure that germany, especially, but europe economy is under the thumb of the us and they cannot survive on their own. so the europeans are now, or some, or europeans are now recognizing that this is the case and that they did really bad behavior against the european economies. you don't do this because of the environment you do this because of he cannot make dependence is this is the war of the us against europe, against germany, especially according to say, my hearse. the us who are behind the blow up of the na stream to pipeline to make it exclusively that only the u. s. and norway can deliver gas. us is getting rid of a competitor with the help of their puppets in the european commission. chinese in has described us quote, a blatant interference in a sovereign nations. first, an address made to protesters by a senior in you official who has now been expelled from the north african country. your side, the european trade union chief, attempted to defend her actio

there are some scholars in europe. we think that they can somehow drive a wedge between china and russia and by trying to kind of china in as a mediator as possible mediator. but i think that this is really misplaced, and i think that china and russia clearly are aligned, and they have strategic interest. so they are cooperating with each other. and it's in beijing's interests. it's nice to have a weak russia, but they don't want to weak of a russia because it's better to have put in as a useful vassal than have some maybe new reformer come in. if putin is taken out and have someone who might be more friendly towards transatlantic relations or to the west. so i think beijing is maybe even more concerned that putin is so weak that maybe they need to help him because they don't want to see him leave power. that will let me actually will under my care. before we run out of time, this balancing act, that china is trying to master right now. i mean, their economy completely interdependent with the united states. they can't

they need, especially europe because the u. s. has a lot of sanctions against exporting high tech to china, so they need to kind of clawback influence in europe. have a charm offensive make the europeans think that they're on their side and that that's why they're trying to sell the idea of being a mediator. because they need to buy high tech from the high tech that the u. s. won't sell them. in addition to that, they need access to european markets and they want for direct an investment from europeans. and there's also the issue of captured elite we see in europe. certain industries like perhaps the car industry will benefit by having investments go to china. we saw immediately after the i have concerns. we are saying china has concerns at a c o meeting. chancellor shields got on a plane brought leaders of rush of german industry with them to beijing to make deals. and so i think that there are a lot of moving pieces to all of this. and let's remember russia is a storm by china is really climate changes as one way to put it. yeah

it's war back to europe. so many years after world war 2 and my experience is that in february when it started and even before it started before it started because you knew it could come. we have had and we have had since then all the time. a very close called edition between the united states and its european allies, including the european union as such is so important as you said, for us, but also for the other members of the do. and this is a reassuring, in a very dire situation. and it says a lot about the depth of our alliance when we have to face such critical situation at that time, in february, last year, france was the chair of the council of the european union. so we had to great, we had a big responsibility both in terms of uniting the member states of the to 27 member states of the you. but also in this relation with the united states. again, we have nothing to, to be had to you about what happened, what's happening now, considering the suffering. so the training people and which means this war ag

than in europe. that's why i'm here. it's interesting. you say that because i, i also love lebanon. i used to go there when i was reporting on the war in syria. it was such her respite. and one thing that stuck with me is you describing lebanon a as a place where you found a freedom of mind that this is a very interesting type of freed them. what do you mean by that? well, it's not freedom that is stipulated in a constitution in a paper. it's not all this freedom commitments that are here all the time. i in such a european union. no, it's a freedom that is lived in the sands of live and let live, you know, people live next to each other. they don't live with each other. this is also affecting lebanon, which is 8 in different ethnic groups. every traveler station that we have seen throughout the many chapters of protracted war, ah, but there's consensus, that's the menace consanzo and as what europe is missing, where we only see black and white now in lebanon, you have grey. this is a very interesting

this combination reflects what, how europe, or modern europe peaceful europe gives to the world willy european way of life. european, your life, standard, european rules of life when each and every once much. when have all matter when de la rules the lawyer, when the states strive to be so sure and societies golly, strive to be open. when fail, diversity is of value and the values of different people are united by fair college. when back borders are not violated. and, but when you don't feel that you cross borders when people trust and have faith in tomorrow, and they're ready to go to squares to fight for their tomorrow when the line. mm hm . it's in protest. us and the president president, there's only one barrier and that is honest elections. and not the rule. this is our europe, national brownell, these are ruins way of life. this is our way of life. media again and for ukraine way, whole, it's way home. those hold on a way to it's home. no, yes, i'm here in order to defend our people's way home of all ukrainians of all ages and various political convictions, various social stages

so strength in europe against not just against russia, but mainly to keep europe apart from russia. because it h, as soon saw that there is a potential of cooperation because in the same continent, after all economic corporation, political corporation, between germany, france, and russia. and once this continent unites economically, politically, that's the end of us supremacy in the new world. order built after the 2nd will work through the united states has, has had its troops and military bases in europe to can russia, europe are away from each other. although there has been some beneficial corporation energy trade out with germany, there was some corporation and trade with friends and many other european nations. but even when the american troops present here in europe, there were certain limits to how far in the united states with push. and one could argue that it all changed in ukraine. because for some reason, when it came to ukraine, somewhere around 20132014 definitely a around the early 2020, the united states decided that, you know, those red lines no longer apply and we n

so can't quite take the place of europe. it seems no, i do not see, kit channa is prepared to replace europe as of the market and nice for us and natural gas. there is only one pipeline that connects to russia and china. it is called the power of siberia. it is going to reach its name plate capacity in 2025, only it when it will be at 38000000 cubic meters a year. and the of these has not to replace in the europe, whereas there was a sale in about 155000000000 cubic meters a year before the war. and the chinese not prepared to give permission for another. a major project over arrest as gasper on power of siberia to ah, well, the russia insists of that are, there will be by a blind across montoya into china, but china will apparently does not need it. it can satisfy it's guess a demand to with a guess from other sources and i even e for the permission is given. it will take about 12 to 15 years to build such it by applying so it's not going to replace europe so well entering verifications and restrictions. we have seen alread

this is the main stream on it least in the northeast of europe. and, and know we're told that the center piece, you know, the central european union is moving to the north. now it's on the boat east, eastern europe was playing a. that's ideologically. ok. in no other sense. ok. or it's just the relative weakness of the most western part of the continent, which is really kind of pathetic, but probably expected george, you know, if russia and expansion is rush, i mean, in, in the last 30 years, it's only nato that has been expanding, not russia well, there's a defensive alliance. i mean everything. i was defensive. no, that's right. there was a problem with the i say is that it has very weak leadership at the moment. what you would need somebody in the west who could just take the situation by the scruff of the neck, so to speak, and just bring it on. and you know, you need somebody was just going to say this policy is not. we have to bring this to an end. it makes no sense. it's not advancing. our interest is just leading to disaster. but there's n

busy life blood and europe's economic engine. so before even the conflict in ukraine popped off, that was an issue. and jeffrey sachs, a prominent american economists now a professor at colombian iep columbia university. sax is, again speaking out, calling hirsch's account of the nordstrom explosions, pretty much a no brainer. frankly, it's been obvious from the start. this was not an easy operation to carry out. it's the kind of operation that the, the cia and other or covert parts would the u. s. government do carry out rather routinely by the way. yeah. they blow up lots of infrastructure over time. i try to keep it to him, but it was hard to keep this one hidden because the united states was basically the only country with the motive. that means and rather remarkably having announced beforehand that the intention was to end nord stream. yeah. and also go figure that the 2 nations accused of the north stream, sabotage and purchase report, the u. s. and norway also just happen to be the 2 countries that have now replaced russia

ford has announced plans to slash 3800 jobs in europe over the next 3 years. the cuts are to be focused in the areas of product development administration. the automaker sites rising costs and the need for a leaner structure as a pivots to electric vehicles. most of those cuts will be in germany and the u. k. meanwhile, europe has set a deadline for saying good bye to cars power powered by fossil fuels. the european parliament setting a new law banning their cell from 2035. well, makers in strasbourg approved the bill, which now goes to european legislators to pass in law. they say the deadline was for investment in europe and help the continent meet its goals are becoming climate neutral by 2050. but so far that you has not been able to agree on a time table to face out fossil fuel, power, buses, and trucks. or course wanted better ego joins us now from strossberg burnt. why has europe focused on a hard deadline for phasing an electric other countries like the u. s. don't even have one was the goal for the european union is said to protect the climate and to

s. against the people in europe, it's against the economy in europe. because america now wants to psycho europe for its own benefit. and they want to make sure that germany, especially, but europe, economy is under the some of the us and they cannot survive on their own. so europeans are now, or some, or europeans are now recognizing that this is the case. and they did really bad behavior against the european economies. you don't do this because of the environment you do this because of he can nomic dependence is this is the war of the us. again, europe against germany, especially according to say, my hearse. it's the us who are behind the blow up of the north stream to pipeline to make it exclusively, but only the u. s. and norway can deliver, get us is getting rid of a competitor with the help of their puppets. in the european commission to news ian has described us quote, a blatant interference in a sovereign nations of furs and address made to protesters by a senior e. u official who has now been expelled from the north african country. your side,

i do believe europe needs to consolidate. if you think about the u.s., it is three operators india, two or three operators. china, three you see many countries having consolidated europe with 200 operators. four plus in almost every country. it is an industry structure that is probably unsustainable. that needs to be addressed >> and you mentioned the geopolitics for a long time with questions of huawei. chun the chinese are back at the event. how is china playing in the telecom and also tech? >> i often say why are we interested in this we talk about one global standard we as a mobile ecosystem have done something that is pretty unique we have a true global scale. we have 8.5 billion subscriptions around the world if you think about that, that gives access to almost anyone to communicate wherever you are in the world you can communicate on a cell phone network that is critical for our industry to maintain the value for society is so big and we don't talk about the advanced applications. somebody called their grandchildren fr

that's often due to the natural gas benchmark for europe. you see a said here in march, another spike in august, but prices after that also fell back to pre war levels helped by unusually warm weather and therefore lower consumer demand. but even various pre war prices abnormally high more than 3 times what they were just 2 years ago. the european commissions has covered 19 supply them on disruptions exacerbated by the war. and ukraine is making these high energy prices the new norm. while, while europe's reduced its reliance on russian gas imports, moscow is still a major supply and a significant chunk of it goes by ukraine. i sent adrian finnegan, now in case i sent those deliveries to europe via nest natasha. those deliveries to europe by ukraine of continue despite the war you create hasn't been ported cast directly from russia since 2015. which means that moscow can't wield it as an economic weapon, instead, wash and air attacks of targeted ukraine's electrical infrastructure. let's go to charles traffic is near the palm headquarters of

go to europe among nato ed in europe. a more present in africa. look at african to look at africa is gruesome for the future. to leave africa in janice and is a big mistake for everybody here. africa shows china as its largest trading partner in foreign direct investor. why is europe trying to drag africa into it's fat with china as well? they sound upset that the girl thereafter doesn't want to eat at their table in the school cafeteria. maybe she just likes to hang with different groups of people. okay. and what about american bases in 5 african countries? does the italian foreign minister mind that uncle sam's hands are all over africa? or is that no problem? because that's his body. how many times have we heard the west concern trolling africa as in lookout? don't let china and ask because it's a deck trop. turns out that africa owes 3 times more debt to western private lenders than it does to china. that's according to world bank data. and someone else was back on the sea in evoking his neo colonialist fantasies regarding africa . again, chie

s. against the people in europe, it's against the economy in europe. because america now wants to suck out europe for its own benefit, and they want to take, make sure that germany, especially, but europe, economies is under the thumb of the us and they cannot survive on their own. so the europeans are now, or some, or europeans are now recognizing that this is the case and that they did really bad behavior against the european economies. something else that i think doesn't get enough critical response, because maybe it's just not knowing about the issue. i q of net 0, not, it's been called a quasi religious drive to get fossil fuel emissions done to nothing. know, people support again thing it's going to be wonderful. it's going to harold, a new world. but other say it's going to be expensive. it's going to kill industries, it's going to hit the purse of the pur and other negative fissures. and the thing here is that europe is all for it. the they're going for, they're pushing other countries as well, in africa cetera. but the u. s. hasn't signed onto