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

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

, 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

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

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 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

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

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

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

we look at inflation in europe. we have the most higher-than-expected inflation in spain and france, putting pressure across the board with european stocks down 0.4 percent. the european investment bank says eu firms are less likely to adapt new technologies than their u.s. peers, and that production investment in europe is 2% of gdp less than in the u.s. it is part of the latest eib investment report being released at the forum taking place in luxembourg. guy johnson joins us with our guest. good morning, again. guy: and we are joined by werner hoyer, the president of the eib. congratulations on the event bid i have bumped into so many people i am looking forward to seeing. werner: thank you for coming to luxembourg. guy: it is cold but sunny. let's talk a bit about the eib. you are now europe's effective climate bank, which puts you in competition with joe biden's inflation reduction act. that is going to mean 100 billion in loans. how close to that number do you think we are going to get in europe? werner: that i

, the fate of europe. and then my husband never depended upon us politicians and that should not be the regions. now a lot of our shapes and every one of us will to matter each and every one of you are strong or speech and every one of you is canton has tricked impact and influenced our comment. p no result of a common victory. e and the old list here and these applause, memory needs are not directed to me an app to make this, these applause. she is actually for the suppose. i'd like to thank all of you in europe, in hundreds or towns and villages who supported ukraine. history in this historic battle. thank you. thank you for javan. but i would like to thank you all to all of you who's been helping out people. our no ordinary citizens out resettled. people here who called on their leaders to increase and hat says, support to our ordinary people. those who were on the square, who were raising questions, who was spreading truth about the russian aggression who was not tempted by it to consume russian, the r

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

, 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

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

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

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

it's important to have the belief europe in a peaceful you about united europe, been in the 5th of our institutions. we need to more to painting dangerous european integration achievement and it will in a pinch so that the each, the cranks of our people on the battlefield and at all levels, are these very difficult for fight? you roll, supported by the entire year. ladies and gentlemen deal with a lot today and tomorrow, but of course we're working with the european parliament typically for shipment may apply in order to prepare the space of our integration with the europe in union in order to strengthen our race, defend lots again when they meet russian aggression. in particular, we're talking about financial economic, when social and when you energy humanitarian is offering for ukraine. sort of construction that dia lumnick. now that madam president has passed over a report on the 2nd part of the question that ukraine has a field is that when we were getting our candidate status, i'm really glad that this is so seen it's, it's a good new needle smallwood report will become debatable

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, we 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, severe cleaning people and which means this wa

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

probably the largest deposits from metals and rare earth in europe. these are building blocks that are important for the green transition of industry, also via hilt, orvin ya, of either get on the shifter. currently, china is dominating the market for rare earth. europe does not want to be reliant on china any more, and has been ramping up its search for domestic resources. titanium you dinner folly. but in motive, it's dangerous that china has a quasi monopoly on the production of some raw materials. and it has used these to monopolize entire supply chains, shita. but if norway wants to mind more raw materials at home, this will lead to conflicts with locals. for years, residents of no stall had been fighting a major mining project on fed a fjord all the time group project that we oppose this project because they want to cut off the top of angular mountain and plan to dump 250000000 tons of mining, sludge, chemicals, heavy metals and micro plastics, straight into one of the regions most fish, rich fjords. if you would have nordic mining has now recei

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

what do you want him to say about europe and europe's energy? anna: i hope he repeats the sentence about sanctions and the independence from russia on fossil fuels and for polish, it's very important to have strong corporations. it would matter to us to have at least one sentence about strong polish-american nuclear alliance. >> biden visited american troops stationed in poland. one thing the polish government wants is to make sure poland is secure so that there is foreign investment still in this economy and it can thrive especially as it is supporting ukraine. do you see that in actuality? do you see foreign direct investment into poland? anna: yet we can observe it, but we can also see what it means who have business and military presence in poland. as we observe the situation ukraine, we can't imagine that the war will end without american presence. this what that means for us in poland. >> giving the business ties are stronger over the past 12 months? anna: yes, but it's also because of the corporations. every spiritual aspect of corporatio

support for europe, the continuing support for europe? kailey: that is what we are waiting for, the polish president just finished making his remarks in warsaw. we are watching and looking at a live shot of the stage were president biden is expected to speak at any moment. but as you say, this follows just yesterday his secretive surprise visit to kyiv. he will try to express support for the u.s. for ukraine. this week will mark one year since russia invaded the country. let's get more insight on this as we await the president. joining us is the program manager for the german marshall fund in warsaw. to what extent is the president's remarks today colored by the visit he may just yesterday, visiting kyiv, visiting a war zone? marta: i think it is colored to some extent because most especially it gives him great credibility. because somebody who crosses into a war zone, especially one where american troops are not stationed, just shows his personal courage for good i know this from personal experience, having been in ukraine myself, how th

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

be more sticky than europe. obviously when we think about investments, there are other things we need to consider. the u.s. is trading at a much more higher multiple so it is an expensive market. the makeup of the s&p 500, you still have exposure to growth. as interest rates go higher, yields go higher, that is negative for growth. the u.s. is a less attractive market. u.k. and australia. guy: there is a paper that has been written by leading academic that has just been presented and they need to get 6.5%. if the fed gets to 6.5%, where is the ecb going? themis: i'm trying to think what would be the link between the two. you have to remember because if the fed goes to 6.5%, the u.s. goes into recession. does the u.s. want to do more or less? you might end up with the ecb doing less, not more because there would be a knock on effect in europe. the u.s. is the biggest trading partner for europe. guy: fair enough. kailey: themis themistocleous, thank you for joining us. he is ubs wealth management cio of emea. i wa

these places in europe or smashing all the records, stepped into a bold adventure. it's the treasure map for modern globetrotters and discover some of you up to record breaking sites on your back. youtube and now also in book form with every time i come back a waiver lotions and also we will.