25 Burst results for "Transatlantic Alliance"
"transatlantic alliance" Discussed on WTOP
"In good cooperation between the government and the president of the republic We hope that the parliament will confirm that decision to apply for NATO membership during the coming days It will be based on a strong mandate Also today Sweden's governing Social Democratic Party is supporting a plan to join the transatlantic alliance Sweden's parliament will take up the issue tomorrow Russia is top of mind this weekend for policymakers politicians and military personnel from around the globe at a foreign and security policy conference in Estonia National security correspondent JJ green is there Tells us the big takeaways from the convention What I'm learning is that the west regrets not listening to Ukraine not listening to Georgia in 2008 not listening to Estonia in 2007 when they tried to tell the western yes the U.S. is a part of this You can't negotiate with Vladimir Putin You can't treat him as an equal You have to deal with him with a very firm hand And don't believe what he says and what we're hearing at this conference is that the west and the U.S. of course regrets this because this probably could have been avoided this war had they taken those warnings WTO national security correspondent JJ green in Estonia he joined us on Skype coming up on WTO after traffic and weather what the president says he's trying to do to bring down gas prices It's 1136 If you don't know PPC if you don't know SEO If you don't know OTT if you don't know targeted display social media management website development Email marketing You don't have to All you need to know is 2060 digital we can help you with the digital marketing your business needs but maybe doesn't understand Or have time to execute 2060 digital is a Google premier partner That may not mean a lot to you but when you consider that only 3% of digital advertising agencies carry that designation it should If you're in.
"transatlantic alliance" Discussed on Bloomberg Radio New York
"For a quote gradual reopening That city has been under lockdown for about 6 weeks Let's get an update on global news In Shanghai the COVID situation appears to be improving meantime Sweden and Finland are rapidly moving toward joining NATO Let's get global news now with Denise Pellegrini Thank you doctor Let's start with Shanghai there because big turnaround in the mood there Shanghai seeing no new COVID cases outside of quarantine so no new community spread as it's called in the latest 24 hour period and this is the second day in a row of no new detected communities spread cases If this continues we could see a more widespread lifting of the locked out Some businesses are reopening today in a gradual reopening Beijing though could be the place to watch next city reporting 54 local COVID cases in the latest 24 hour period there Almost all NATO foreign ministers meeting in Berlin giving their support to Sweden and Finland's move to join NATO in Sweden the governing Social Democratic Party backing joining the transatlantic alliance Swedish prime minister magdalena Anderson in Stockholm Our 200 year long standing policy of military non alignment has served Sweden well But the issue at hand is whether military non alignment will keep serving as well And Sweden's plan to join NATO will be discussed in parliament in a matter of hours and in Finland in the prime minister joining with the country's president today in announcing it intends to apply for membership in NATO Prime minister sana marine in Helsinki We haven't had any indication in NATO that there would be any problems for Finland's or Sweden's membership in NATO we have all the capabilities We are already very interlinked with NATO and we are close partners to NATO and the Finnish parliament is expected to endorse that decision in the next few days Investigation underway after that deadly mass shooting in Buffalo where ten people were murdered New York governor Kathy holt called calling for gun control at an interfaith service in Buffalo today We have to do.
"transatlantic alliance" Discussed on WTOP
"River in the donbas region CBS News special report I'm Peter king WTO PD news time now one 12 good morning The warrior in Ukraine is pushing historically neutral countries towards NATO Sweden and Finland are both seriously considering joining the transatlantic alliance but turkey's president is opposed This morning WTO national security correspondent JJ green from Estonia with reaction from world leaders Someone that knows about this and works for the U.S. government who asked not to be identified told me this is catastrophic for Russia This is the thing that they most did not want In confronting Ukraine So what you have here now is a historical moment for Finland and for Sweden and for NATO but it's also a very alarming time for Russia which also means Russia might do something else unpredictable But this is make no mistake about it This is a big moment in history What are some of the newest developments in the war itself right now Russia's continuing to do what it does best and that is just try as it can to try to launch some type of attack and to try to kill as many people as possible it seems and these are not military people These are civilians They don't seem to have much of a rhyme or reason And certainly the things they want to do like taking the Don Baskin Luhansk and all of that is not none of that's working well But one thing we've learned is that we're at a point now where reality is starting to set into Ukraine and folks that are looking at this war And that is this is going to be a long-term thing And that they're really concerned about how much momentum they have right now and how they can keep that momentum because Russia just keeps throwing wave after wave after wave of people at them even though they're not very good at what they're doing They're just seems to be an endless supply of Russian troops and Ukraine's got to be prepared for that How long do you think the west is going to help Ukraine before interest fades The folks that I've spoken to including a couple of members of Ukraine's parliament say they hope they will stick with as long enough to dismantle whatever is going on in Russia That means Vladimir Putin his Kremlin all the people that have enabled Russia support this war and have created this hostile attitude They hope the west will hang on continue to support them and help them long enough to disable this Russia that we know today and create a new one which may be a while Double DT will be national.
"transatlantic alliance" Discussed on WTOP
"Sports Top stories were following for you tonight on WTO a man is dead another hurt after they were shot by the owner of a car authorities say they were trying to carjack This happened at a gas station in Alexandria just south of Potomac yard about three this afternoon that gas station right along route one President Biden is defending his administration's response to the baby formula shortage saying they moved as quickly as the problem became apparent to them The White House is set up a new website for parents looking for formula One manufacturer says they expect the shortage to last for months NATO member turkey says it's not in favor of Finland and Sweden joining the transatlantic alliance which they've been trying to do ever since Russia invaded Ukraine Turkey's president says it's because Sweden supports Kurdish militants turkey considers those people terrorists Stay with WTO for more about these stories and only minutes If you're planning to hire a moving company do be prepared to pay more It's the high gas prices of course rearing their ugly heads again From the cost of materials and supply chain backups to the latest spike in gas prices gentle giant a nationwide moving company with offices in the district in Virginia is among the many companies getting hit hard But I think we're in the same boat as customers They're feeling that at the gas pump too Danielle rankin says the 25% increase in their fuel surcharge hasn't been a major hit to business but it is a daily charge customers will have to take on And so the fuel is kind of like the Strata breaks the Kimmel's back where these expenses hitting us are really where we have to start to push back that cost onto our customers And she says as gas prices go down so will those additional fees Melissa Howell WTO news Now 8 48 Traffic.
"transatlantic alliance" Discussed on WTOP
"Let's be honest that week 14 buy is brutal because you've gone through the whole training camp preseason then 13 weeks into regular season I mean like 18 and 20 weeks before you get a break The nationals continue to struggle on their home turf falling four one to the New York mets to lose a three game series in fault to just four and 13 at Nats park Josh bell You know there's a rough first stretch The road trip at least got our bats going And now if we can put both together on both sides of the ball this should go on a pretty good tear here So Joanna dome gets the loss after walking 5 in just three and two thirds innings Juan Soto scored the lone run with his second Homer in as many days The Orioles won their getaway game in St. Louis three to two to take the series rylan Bannon got his first major league hit on the first major league pitch he ever faced He's the third oriole to do that this millennium Rob woodwork WTO sports Double dc OP and three 17 Among the top stories we're following for you this 3 a.m. hour Friday morning 13th of May 2022 here on WTO feed the committee investigating the January 6th insurrection have subpoenas now to have subpoenaed actually 5 Republican congressman they include Republican leader Kevin McCarthy and four other GOP lawmakers It is considered an extraordinary step in certain to further inflame partisan tensions over the 2021 attack President Joe Biden is calling this week on world leaders to do more to fight against COVID The White House hosted a global COVID summit this week comes as the U.S. records 1 million deaths now from the virus Russia's invasion of Ukraine is pushing two of its neighbors to join NATO leaders in Finland say they plan on joining the transatlantic alliance without delay Sweden may do the same in the coming days Stay with WTO for more on these developing stories in the minutes ahead When you have a medical emergency you call 9-1-1 and expect to get help that arrive soon Call taker in the district is now on leave for delay in a response call in which a woman was found dead It happened Monday A woman went into cardiac arrest 9-1-1 was called safety advocate and former reporter Dave statter says the woman lived at 1222 I street southeast Through the far far cardiac arrest one 22 eyes on India street southeast But unfortunately the call taker put it in wrong into the computer and they sent fire in EMS to one 22 I street southeast 11 blocks away D.C.'s office of unified communication says the call taker is on leave They're investigating why the mistake was made and what needs to be done to prevent it from happening in the future Neil Logan stained WTO Pinot Friday morning to three 18 Rich owners in the WTO Pete traffic.
"transatlantic alliance" Discussed on WTOP
"Ukraine pushing two of its neighbors to join NATO The leaders say they plan on joining the transatlantic alliance without delay Sweden may be doing the same in coming days stayed with WTO P for more of these stories in just minutes where the time now on WT will be Friday morning is one 18 Project and whether all the 8s and when it breaks good morning to rich hunter and the WTO traffic center Good morning dean still no change on the beltway in Alexandria on the inner loop the long-standing crash in the local lanes before you get to telegraph road all lanes remain stopped there as a result of the crash Again you can not get by Now on the through lanes another crash happened multiple vehicles involved interlude just after telegraph road in the throughline so nobody gets by on the bellway on the inner loop the low claims are the through lanes in Alexandria So if you're traveling from Maryland into Virginia do not go beyond I two 95 because obviously you're not going to get anywhere at least for now best to avoid it if you can I two 95 last chance you have to bail before getting caught up in delays headed into Virginia Again both the local lanes and the through lines are now closed as a result of crashes And the outer loop of the belly you're okay Leaving Alexandria headed toward oxen hill both the local lanes and the two lanes are open It's the inner loop side that is completely shut down Now if you're traveling 95 north on in Virginia still working between route one acquire in the exit for Quantico single ride land gets you by between Walmart is one 44 and one 47 For now getting by with some delay but not nearly as bad as it has been three 95 south approaching The Pentagon single right leg that you buy as a light getting by that was very little delay 66 eastbound approaching 29 centimeters single right lane gets you by the work there He's found that between 28 and the fairfax county Parkway two left lanes past the work zone and then approaching the bell we also get by in two lanes left add a loop approaching I 66 single left lane past the construction rich hundred WTF traffic A few showers out there and that's gonna be our weather story throughout your Friday temperatures will be in the lower 70s this afternoon On and off rain showers at times.
"transatlantic alliance" Discussed on WTOP
"The top stories we're following for you at this hour on WTO the committee investigating the January 6th insurrection subpoenas 5 Republican congressmen including Republican leader Kevin McCarthy and four others it's an extraordinary step certain to further inflame partisan tensions over the 2021 attack President Biden calling on world leaders to do more to fight COVID The White House hosting a global COVID summit today comes as the U.S. records 1 million deaths from the virus Russia's invasion of Ukraine pushing two of its neighbors to join NATO Finnish leaders say they plan on joining the transatlantic alliance without delay Sweden may do so in the coming days For more on all these stories coming up in just minutes A Gaithersburg high school student in the hospital tonight after being stabbed in a fight damn lane is with the Gaithersburg police as it happened just before three at a bus stop near the school Police arrived on scene located both the suspect and victim The suspect was taken into custody and the victim was transported to an area hospital with non life threatening injuries The two girls involved are students of the school officers are still looking to just what caused the fight You'd have an 18 Traffic and weather together on the age for that would go to rich hunter now in the traffic center Hi heaviest volume right now is on 95 north and in Stafford county shed north to the exit for route one acquire and continue up toward the exit for Quantico You're down to a single right length to the work zone that runs from my marker one 44 up to my marker one 47 getting it is a single right lane getting by was just checking with V dot Fredericksburg For now no scheduled stoppages in the work zone but obviously it is just very slow headed north on 95 again route one up to Joplin wrote this Virginia 6 19 back to 95 put your back on the interstate beyond the works in an NE associated delay and the sooner you can get over to route one the better to avoid all those delays Now if you're traveling on U.S. 15 on the loudoun county side of the point of rocks just south to love its full road they're doing some tree work again as a result they're alternating traffic that works on then it's the ongoing paving project on the Maryland side and point of rocks between point of route in the bridge and point of rocks road Again their alternating traffic one direction at a time through the paving projects will be aware similar situation up in mount airy also alternating traffic into works and on ridge road between waterville road and windermere way over in Howard county Clarksville pike between route two 16 and guildford road same situation there and also in davidsonville on four 24 between rutland road and double gate road again alternating traffic through the work sounds.
"transatlantic alliance" Discussed on WNYC 93.9 FM
"Secretary of State Antony Blinken says the war in Ukraine should leave Russia weakened and become a quote strategic defeat for Vladimir Putin He was officials are spelling out those goals more clearly since Ukrainians managed to push Russian forces back from the capital Kyiv NPR's Michel Kellerman reports After his long train trip from Poland to Kyiv and back defense secretary Lloyd Austin was asked this week whether U.S. goals in Ukraine are shifting We want to see Russia weakened to the degree that it can't do the kinds of things that it has done in invading Ukraine And the U.S. wants to help Ukraine win We believe that they can win if they have the right equipment the right support The U.S. is rushing in equipment long-range artillery and ammunition as the battle shifts to the east and the south of Ukraine Secretary of State Antony Blinken told senators Tuesday that it takes just a couple of days to get approved weapons shipments into Ukrainian hands now He also said NATO allies are united The challenge now is making sure that we not only sustain that but that we build on that and I believe we will A former deputy secretary general of NATO rose gauda Mueller says Russian president Vladimir Putin has united the alliance in a way that surprised her Putin has created the 180° opposite effect of what he wanted He wanted NATO pushed back to its 1997 lines and instead he has a NATO more coherent more together more resolved to work together to really defeat this threat to its partner Ukraine speaking via Skype Gautama said that's already a loss for the Kremlin Sweden and Finland may soon join the alliance and with all the weapons and training that NATO is providing Ukraine is getting closer and closer to the transatlantic alliance If I were to bet the U.S. and NATO military industrial complex against the Russian military industrial complex I would say that the United States and its NATO allies can stay in it for the long haul But it will be a big investment of resources and a big investment of time Western sanctions could also have a long-term impact weakening Russia's economy and its military industrial base But there are risks says Samuel cherub of the Rand corporation We don't want Russia to be a total basket case reviving the sort of loose nuke spheres of the 1990s and so on Or to become incorrigible international spoiler Because it can cause us a lot of problems everywhere else Cherub says at some point Ukraine might want the U.S. to ease up on sanctions if that will help them reach a negotiated settlement with Russia He also warns that the sanctions and arm shipments could provoke a more direct confrontation between Russia and NATO Because of the lack of clarity about where the red line is because we're operating here without any precedent nobody knows what step if there is a step that will sort of send Putin over the edge so to speak And that makes this moment a dangerous one Russia's foreign minister Sergei Lavrov says no one should underestimate the possibility of a nuclear confrontation State Department spokesman Ned price says those comments fit a pattern of bellicose Russian statements These certainly are provocative statements We think they are deeply irresponsible We deem them to be a continuation of the Russian government's very clear attempts to distract from its failure in Ukraine Eventually the U.S. and Russia have to start talking again says Gautama who served in the Obama and Clinton administrations and negotiated with Russia I do think at some point we are going to have to reopen to some discussions with Russia at least about constraining and controlling nuclear weapons And see where we can go from there because it's not in our interest to have a great big prior state with nuclear weapons But she says it's difficult to see how talks could take place now while Russian forces continue to bombard Ukrainian cities.
"transatlantic alliance" Discussed on WCPT 820
"This is AP news I'm Rita foley Moscow says it doesn't intend to occupy Ukraine just demilitarize it Russia attacked its neighbor Ukraine by air and land hitting cities and bases with air strikes or shelling civilians are running dozens of people have been killed says Ukraine AP correspondent Joseph fetterman is in Kyiv Ukraine's capital Here in Kyiv in the capital we heard a number of explosions off in the distance overnight that sort of jolted the city awake in more recently air raid sirens indicating that some of these attacks are getting closer Ukrainian president volodymyr zelensky cut diplomatic ties with Moscow and declared martial law Retired U.S. Navy admiral James devry is a former NATO commander says Russia will now try to capture Ukraine's president zelensky There's really no mystery here I think he's going to go full bore yet to kiv try and capture zelensky We've got to protect zelensky figure out a way for him to have a government in exile arm a Ukrainian resistance We've got a lot of work ahead of us He was on The Today Show AP correspondent Jackie Quinn At an emergency meeting NATO secretary general Jens Stoltenberg calls for a summit saying Russ has launched a brutal act of war on Ukraine and shattered peace on the European continent accusing Vladimir Putin of trying to rewrite history The transatlantic alliance has agreed to further beef up its land sea and air forces On the eastern Flank near Ukraine and Russia The emergency meeting was requested by countries closest to the conflict Poland Latvia Estonia and Lithuania which has declared a state of emergency President Biden is promising new sanctions to punish Russia for what he calls the unprovoked and unjustified attack The president plans to speak to Americans today this is AP news Some truckers heading to Washington D.C. from California now to protest COVID restrictions The AP said Donahue on their protest movement It's modeled after the recent Canadian trucker protests that shut down U.S. Canadian border crossings and besieged the capital Ottawa the starting point was a parking lot in adelanto California in the Mojave desert organizers say this is a multicultural and nonpartisan effort although there were Trump flags that are rally before departure Trucker Dallas Eubanks says they're not going to be violent not going to blockade anything just a convoy and bringing people to awareness John Kirby at The Pentagon says the National Guard will be in Washington when the convoy arrives It's a relatively small number here about 700 and they will be supporting traffic.
"transatlantic alliance" Discussed on Monocle 24: The Briefing
"The briefing with me. Markus hip british media reports that prime minister. Boris johnson will travel to washington later this month for a frank conversation with the us. President joe biden. The means income says attesting time for the special relationship between washington and london. With both johnson's allies and foes in westminster questioning whether they can rely on. Us support after the hasty withdrawal of american forces from afghanistan. Let's get the latest now with thomas gift director of the ucla sensor on us politics. Thank you very much for joining us this afternoon. Thomas so first of all. How necessary is this face to face. Meeting between these lead us. Well it's great to be with you. Marcus and thanks so much for joining me. I think it's particularly significant time for the two leaders to mate especially given what happened in the aftermath of afghanistan. I think the first point to note here is really the obvious that boris johnson is reaching out to joe biden about holding a meeting and not the other way around reflects the rather straightforward state of affairs that the uk needs the united states more than the united states needs the uk both countries of course would prefer to be on good terms with one another and a healthy working transatlantic. Collaboration is in the interest of both london and washington. However despite the special relationship the power imbalance is real. And i think what we saw with afghanistan and what the johnson administration really has to come to terms with is that joe biden is not unlike any other leader in that. He's going to prioritize interest of his home country. It's clear that he wanted out about kenniston that he thought exiting afghanistan was in the best interest of the united states and that very little would've changed his mind. And that was the case. Regardless of what the u k thought or any other western ally for that matter but against this backdrop. I think it is a timely opportunity for both leaders to get together over over a table and kind of talk through things. What happened and how they can do things better now. This term special relationship. It's being used for many decades. But how much of it is actually left at the moment. How much does the whole relationship actually depend on chemistry between the president and uk. Prime minister or marcus. I think it's too strong to say that. America's withdrawal of troops from afghanistan and all the political fallout. That ensued exposes the hollowness of the special relationship. Think the controversy doubtlessly created new tensions in the transatlantic alliance and it's been a tough period. That's absolutely clear. Still my own sense. Is that the. Us and the uk do remain close partners and that this historical bond that they share transcends policy differences even ones a significant as afghanistan. It's imperative i think to take a long view here and not to magnify the riffs that emerged in the here and now this isn't the first time that the us in the uk at bennett odds over a significant policy debate. And it won't be the last which is more important than any. Single event is really this abiding believed in the merits of collaboration and shared sense of objectives. And i think that can ruin on. Values does remain resilient it's worth emphasizing however to a large extent the special relationship probably going forward is going to be determined more by the us than the uk which may be reveals the limits of how far quote unquote global britain can project. Its power post brexit. How would you expect that special relationship evolve in the future than s you mentioned is maybe the us designing what it actually means the end. So what would be like in the future. Well i think both leaders have to do is to be focused on what comes next. And that's especially true as these countries look past afghanistan and turn their attention to other policy challenges such as countering rising authoritarianism including in beijing and moscow addressing climate change evaluating the prospects for bilateral trade deal and ensuring continued intelligence-sharing over national security especially with. Uk's divorce from the european union it is looking for a closer friend in the us so it's not surprising that johnson is eager to mend the wounds that the special relationship has incurred over the last month or so. Remember at the g seven back. In june johnson called biden a big fresh of a big fresher. A breath of fresh air signaled optimism. That the two countries would be able to find common ground on a number of different areas. He said that the us uk bond wasn't just a special relationship it was an indestructible relationship. And i think that fundamental optimism remains in simply because he johnson biden. See eye to eye on. Afghanistan doesn't mean that compromise can't be struck on other policy issues now. Where do you see space for improvement. Then what do you think what should be achieved. Or what's the greatest greatest thing that can be achieved when biden. Boris johnson meet. Well i think that the two leaders are really still looking at this big issue. That came out. Jesus seven summit and that was an emphasis on promoting democracy ensuring that a number of different kind of authoritarian headwinds. Don't shift and into western europe and other parts of the world. So i think that they're going to be looking Kind of broadly at that issue climate change is another area where the two leaders really seem to see eye to eye on. You know they're going to continue to look at national security issues as well and in the backdrop of course there's always this Looming hope that the us in the uk might be able to broker a trade deal. I still think that that's very unlikely. They're just so many moving pieces. There and so many different roadblocks could potentially throw a wrench into a deal such as that but if the countries could move closer on on that issue at certainly represent progress. But i do think that a lot of the discussion is going to be less. Focus may be on specific policies and more about trying to affirm that even if both nations are making their own decisions and coming to their own determinations on something as salient as afghanistan that they're going to be able to talk through things and improved communication. I think that lack of communication was really One of the complaints that the uk had about how the united states address the afghanistan issue. A thank you for your insights. Thomas that was thomas gift director of the ucla central in us politics and no heroes. Monaco's were the days of a new set lines..
"transatlantic alliance" Discussed on The 11th Hour with Brian Williams
"The democrats are destined to lose their house majority they may lose the senate majority as well Looking to a troubling midterm election. And it's not a good sign to see their president's approval rating slips away. They have these last couple of weeks. But that's not to say all is lost. I think democrats are bullied by this infrastructure. Deal if if the deal ever becomes law that could be a big win for biden and that he can carry the voters in the fall and into next year but it's been a very difficult and challenging couple of weeks for the biden presidency. When you just look at the raw politics extinct. Let's talk about the big agenda item on the president's scheduled tomorrow and that's the g seven of between the two of us we've covered a fair amount of them g. seven g. eight. The numbers often change but the job doesn't among the two of us. You're the only one to have been on the other side of the velvet rope caucusing with the home team prior to one. What kind of g seven do you think the president is going to encounter. Tomorrow is it. Do you think it'll be tents or do you think it may be less so because they're all kind of professionals and realists and a lot of them have skin in this game During the evacuation. yes ryan. I mean i think it'll be less tense. Spend when the other guy went over there and who never expressed much support for the transatlantic alliance. Nato i think people understand that biden supporter of these global alliances. They understand where he's coming from. He's been doing this for forty years. I you know we've always been Less grateful. I think that we should have been for the health. We've had from our allies in afghanistan as you know brian. The only time article. Five of the nato agreement was ever invoke was after nine eleven our nato brethren said we're gonna come to the aid of the united states and and the number of casualties that our allies have had the british. The australians canadians had a lot of sacrifice too. And i think we need to Thank them we need to be grateful to them. We need to have them be involved in this exit in as gracefully as possible. And i think our allies understand that. I mean they want everything to go as well possible. They want to heal the breach and and move on. You're absolutely right. We fought side by side in the trenches in europe on the beaches of normandy. All the way through to present day our thanks to our starting line for this first week knight phil rucker rick stengel. Dr salim bounder. Thanks for starting the week off with us coming up. What's the chance. Moderate democrats want to sink their own presidents congressional agenda. And why should you care. Well we'll put that question to our political experts and later. She warned that the internet is a petri dish for conspiracy theories and utter nonsense about the virus drips dressed up as news and information. She was right about that and now people are dying from it. I'll ask the harvard expert. Who's got a plan to.
"transatlantic alliance" Discussed on Bloomberg Radio New York
"And the condolences of the American people. For the devastating loss of life and the destruction. Due to the flooding over the past 24 hours in Germany and neighboring countries. It's a tragedy and our heart goes out to hearts go out to the families who have lost loved ones. Chance that are Merkel has been here frequent over the past 16 years. Matter of fact, she knows the Oval Office as well as I do. But all kidding aside Through. Although this administration she's been there for four years, but for four presidents I'll take a moment to acknowledge the historic nature of her chancellorship. First woman chancellor. In German history. First chancellor from the former East Germany. And now the second largest longest serving chancellor since helmet call. Here's an exemplary life of groundbreaking service to Germany and I might add, I mean from the bottom heart to the world. On behalf of the United States. Thank you, Angela for your career of a strong principle leadership. Thank you for speaking out for what is right and for never failing to defend human dignity. All right. Thank you. For your continued support for the long standing goal, or Europe whole free and at peace. You've been a stall war champion of the transatlantic Alliance, the Atlantic Partnership. Under your chancellorship, the friendship and cooperation between Germany, the United States has grown stronger and stronger. And I'm looking forward to celebrating more at our dinner this evening, but today it was very much a working visit. Chancellor Merkel and I covered a wide range of issues. Were Germany. The United States are working to advance shared gender. We discussed together with our fellow major democracies that the G seven Germany, the United States. Have responsibilities to lead with our values as to the other members of NATO. And today. I've, uh Have confided that in our new Washington Declaration, which we've codified. Document affirming our commitment to the democratic principles that a heart that are at the heart of both of our nations and how we will apply them. To meet the biggest challenges of today and tomorrow. Both our nations. Both our nations understand the imperative of proving that democracies can deliver the needs of our people in the second quarter of the 21st century. We will stand up for democratic principles and universal rights. When we see China or any other country working to undermine free and open societies, and we are united United in our commitment to addressing Democratic Backsliding, corruption, phony populism. In the European Union or among candidates for the EU membership or anywhere we find it in the world. We agree on the importance of further integrating the western Balkans into the European, the European institutions. And in our continued support for the sovereignty and territorial integrity of Ukraine. As well as the continued importance of reforms. In the support of their euro Atlantic aspirations. We stand together and will continue to stand together to defend our eastern flank allies at NATO against Russian aggression. While I reread it might while I reiterated my concerns About North Stream two sensor. Merkel and I are absolutely united in our conviction. That Russia must not be allowed to use energy as a weapon to coerce or threaten its neighbors. And today we're launching a climate and energy partnership to support energy security and the development of sustainable energy, sustainable energy technologies. And emerging and emerging economies, including in central Europe and Ukraine. To unite our efforts to upend And on our global climate ambitions that we have to up the ante. What happened is we talked about when Paris accord was set. We thought we had established just how serious it was. But things have gotten much more dire sense. Even that date. And 29 our efforts to update to up the ante on global climate, global climate ambitions. I also thank Chancellor Merkel for the dedication and sacrifice of German troops have served side by side along with US forces in Afghanistan for almost 20 years. We reaffirmed our shared commitment to continuing to counter terrorist threats where we find them, including in the Sahara in Africa. And we, uh, when we think about the future The future we want for the world. There's no issue. There's no issue said at all that I believe we find, uh anything other than the certainty that commitment That between the United States and Germany doesn't benefit. Whatever the problem. The concern is. We need to fight Covid 19 pandemic everywhere to strengthen global health security for tomorrow, So we're ready for the next pandemic. We need to make sure that the rules of the road governing the use of emerging technologies Advance freedom, not authoritarianism and repression. We need to promote Have sustainable and inclusive economic recovery. That enhances the prosperity and opportunity for all And so much more. It's just this isn't just work of governments, the workers work of our peoples. Sharing their innovation and insights, joining together to amplify our collective impact. So today we're launching a futures forum. Between our two countries, which will bring together top experts across business, academia, civil society and more. To collaborate as we shape Our shared future. Madam Chancellor. I know that the partnership between Germany the United States will continue to grow stronger on the foundation that you have helped to build, but on a personal note. I must tell you, I'll miss seeing you at our summits. I truly will. So thank you again, Angela. For making the journey. For a productive meeting today and for your friendship..
"transatlantic alliance" Discussed on WGN Radio
"Nation this hour. I'm Steve Ruxton. President Joe Biden have today's NATO meeting, said he would make clear where the red lines are in his upcoming meeting with Russian President Vladimir Putin, not looking for conflict with Russia. But that we will respond if Russia continues its harmful activities. We will not fail to defend Transatlantic alliance. Speaking in Brussels, Biden described Putin is bright and tough and express hope that the Russian president of a show interest in changing the perception the world has of it. Earlier in an NBC interview, Putin denied allegations at Moscow conducted cyber attacks on the United States and meddled in elections. No. Where is the evidence? Because where is proof right here, it's becoming farcical. Biden and Putin are scheduled to meet on Wednesday, emergency crews continue to battle a massive fire that broke out at an Illinois chemical plant just northwest of Chicago. That fire, sending huge plumes of black smoke into the air. Fire officials say No workers at the Kim Tool factory were injured, although one firefighter was reportedly injured. Residents in the area were ordered to evacuate California set to fully lift its covid 19 restrictions. Starting tomorrow. Governor Gavin Newsom says the state reached this point because of the work of California No More physical distancing requirements. No more caps on occupancy. Moving beyond the blueprint. Aligning with the C D. C on masks mandates, Newsom says the work is far from over California. Nunes, who haven't yet been vaccinated will still be required to wear a mask and a number of indoor locations. I knew this nation on your cable or satellite provider and stay up to date around the clock at news nation at Com and on the news nation.
"transatlantic alliance" Discussed on 600 WREC
"R C Promising a response. I'm Lisa Ellis, Sarah Fox News President Biden with a warning to Russian President Vladimir Putin ahead of their one on one meeting later this week. I'm not looking for conflict with Russia. But that we will respond of Russia continues its harmful activities. We will not fail to defend The transatlantic alliance. Stand up for Democratic values President with the comments after meetings with NATO allies in Belgium, the White House has said he will bring up the recent increase in cyber attacks when he meets with Putin. Putin has denied any knowledge of those hacks. Senate Democrats want answers from former Justice Department officials about efforts to seize phone records of Democratic lawmakers during the Trump Administration, Senate Majority Leader Chuck Schumer and the chairman of the Judiciary Committee, Dick Durbin, or threatening subpoenas for former attorneys General Jeff Sessions and Bill Barr to testify. About the seizure of phone records from House Intelligence Committee Democrats during the Russia probe. The Justice Department's inspector general has opened an investigation of sufficient effort, top Senate Republican Mitch McConnell says So I'm confident that the existing inquiry will uncover The truth. There's no need for partisan circus here in the Congress. The subpoenas for lawmakers records was done as part of a leak investigation on Capitol Hill. Jared Halpern Fox News Senate Majority leader, Chuck Schumer says infrastructure talks are progressing on two fronts. One track is bipartisan..
"transatlantic alliance" Discussed on WIBC 93.1FM
"B c HD one Indianapolis promising a response. I'm Lisa Low. Sarah Fox News President Biden with a warning to Russian President Vladimir Putin ahead of their one on one meeting later this week, not looking for conflict with Russia. But that we will respond of Russia continues this harmful activities. We will not fail to defend The transatlantic alliance. Stand up for Democratic values President with the comments after meetings with NATO allies in Belgium, the White House has said he will bring up the recent increase in cyber attacks when he meets with Putin. Putin has denied any knowledge of those tax. Senate Democrats want answers from former Justice Department officials about efforts to seize phone records of Democratic lawmakers during the Trump The Justice Department's inspector general has opened. An investigation is sufficient effort, top Senate Republican Mitch McConnell says So I'm confident that the existing inquiry will uncover The truth. There's no need for partisan circus here in the Congress. The subpoenas for lawmakers records was done as part of a leaks investigation on Capitol Hill, Jared Halpern Fox News, Senate Majority leader, Chuck Schumer says infrastructure talks are progressing on to front. One track is bipartisan. The second track pulls in other elements of President Biden's American jobs plan, which will be considered even if it does not have bipartisan support. Last week, talks between President Biden and a group of Senate Republicans broke down after the White House at the Republican plan didn't go far enough in meeting the president's goals on Wall Street. The major indexes ended the day makes the Dow lost 85. The NASDAQ added one. Oh, four. America is listening to Fox News. 93 wi PC Mobile News.
"transatlantic alliance" Discussed on WBAP 820AM
"You by health guys dot com ERCOT telling people they are working to not have to cut power to homes as they ask Texans to reduce power usage. Counts Warren Lasher on that likelihood of looking at the data as it comes in this time, it appears unlikely that we will have to enter an energy emergency alert, rotating outages or controlled outages. Is the last stage of energy emergency alert. This, of course, comes four months after the deadly winter storm caused a near catastrophic power grid failure throughout the whole state. Several prolonged outages resulted in some people dying of hypothermia inside their own homes. Now the Texas Heat, causing the problem. President Joe Biden opening up about his upcoming meeting with Russian President Vladimir Putin, the president talking about increasing threats from Russia while speaking to reporters after meetings with NATO leaders not looking for conflict with Russia. But that we will respond of Russia continues its harmful activities. And we will not fail to defend. The transatlantic alliance. Stand up for Democratic values. Presidents meet later this week. The deadline to file your 2020 taxes. June 15. The tax filing deadline was May 15th. But if you're a Texas resident, you get more time because of the pandemic and the February winter storm the deadline for Texans the file was pushed to June 15th. If you're late, you can face a monthly penalty of 5% of what you owe. Eventual maximum of 47.5% of the amount of tax you owe. The IRS says..
"transatlantic alliance" Discussed on The Patriot AM 1150
"Good morning. It's Monday. June 14th. This is the Fox News rundown. President Biden is in Brussels, Belgium, for a summit with NATO leaders. The president says he will use his first trip to NATO's headquarters since taking office. The state. Clearly America's commitment to the transatlantic alliance President Trump frequently criticized other NATO countries, describing some, like France and Germany is delinquent for not spending enough on their own security. That pressure remains the U. S. Wants allies to spend more, but the tone is expected to be different. In London. Simonneau in Fox News. The president meets with Russian President Vladimir Putin Wednesday in Geneva, discussing, among other things, Cyberattacks Colonial Pipeline and the producer JBs were hit by major ransomware attacks by suspected Russian operatives. I'm Sigesmund on the Fox News run down. This is the Funks news rundown. Help you. But like inspired by state farm, surprisingly great rates. It's so cheap. Yeah, gotta free rate on the down low has take giving your average Joe like a good neighbor State farm is there Progress. Is a game of inches. And at Lori Caverns an inch can take 120 years. Come see what for? Million. Centuries worth of progress. Looks like Luray Caverns. What will you Discover. Hmm. Mhm. Do your part to reduce waste and recycle right..
Biden tells world leaders that "America is back"
"The clip that we showed that president by there in michigan being real fiery about about his covert relief bill. That wasn't the only speech he gave. Today he spoke to the munich munich security conference which he went to a all the time when he was a member of the senate and chair of the senate foreign relations committee have a listen to what he had to say to our allies over in europe. I'm sending a clear message to the world. America is back. The transatlantic alliance is back and we are not looking backward. We are looking forward together. Democracy doesn't happen by accident. We have to defend him. Fight foreign strengthen renew it. We have to prove that our model is isn't a relic of history is the single best way to revitalize the promise of our future and me with that speech. President biden sending a clear message to the alliance that the last four years are done. The united states is back wanting to assume its role as the leader of the free world. A bullwork of the of the of the western alliance. Do you think though that that message is being well received in europe will. It's a welcome message but it's a message that is also coming as president biden is trying to really do away with some of the damage that was caused over the last four years. He's trying to essentially say to our allies. The last four years or anomaly. They were not reflective of american values. But let's be very clear for a very long time. The united states will be known around the world as a country that elected president trump and the president trump also former president trump also had seventy five million people vote for him the second time around so our allies are also looking at this guy at our country and saying what exactly is going on in america so while president biden of course is is signaling that america wants to again embrace our allies. There's really a lot of damage that needs to be had there in our allies including europe and in other places. They've figured out how to function within america. That was weaker. And i didn't wanna be part by a of multilateral deals multilateral agreement so you also are entering back into the world stage with that are saying we figured out how to talk about climate. Change how we talk about the pandemic without america being part of a partner of that analysis really president biden wanting to go back into the furlough based on my reporting a lot of people who welcome idea leaders. Welcome that idea. But i think that it's still very early. Because america has that that that stained really In that and that that that reputation now because president trump went to these to these conferences went to these. These these gatherings and really did damage. They are really did. Somebody's poke his finger in the eye of a lot of our allies
"America is back," Biden tells Munich Security Conference
"By video link at the Munich Security Conference. German Chancellor Angela Merkel and French President Emmanuel Macron also spoke NPR's Rob Schmitz was watching from Berlin. Welcome, Rob. Hey, Howdy President Biden emphasized today that he is reaffirming America's commitment to the transatlantic relationship. What else did he have to say? He had a lot to say. First off. He really hit home that Europe is a cornerstone of America's approach to the rest of the world, and that the transatlantic alliance is more important than ever, he pointed out. The West faces a new set of challenges. He mentioned the strategic threat of China as well as Russia and, of course, the Corona virus pandemic. But he said one of the biggest challenges the West faces now is that as we gradually come out of this pandemic, he said, many people in the world are wondering if autocracy Has emerged as a better system for governance. And he said the U. S and Europe need to work together to show the world that democracy will prevail. Here's what he said Democracy doesn't happen by accident. We have to defend it. Fight for it, Strengthening renew it. We have to prove Our model is in a relic of history. It's a single best way to revitalize the promise of our future. And the response from Germany or France. You know, Merkel and the crone got right down to business. Both of them reacted with the kind of a laundry list of items that have built up over the past four years that need to be done multilateral approach to vaccinations for the developing world, reinvigorating The Iran nuclear deal. The Paris climate accord Afghanistan, you name it, these air all issues that from the European perspective have suffered from neglect under the Trump administration. And have been festering over the past four years. I spoke to Sudha David will of the German Marshall Fund after the event, and she told me it's clear. Both Merkel and McCrone are thrilled that Biden has reaffirmed the transatlantic alliance. Europe needs a strong U. S. And buying, I should say, because Merkel is now a lame duck. She's going to be inward looking as she looks to preserve her legacy, which has taken some knocks lately because Germany has not done a great job dealing with the second phase of pandemic. And Micron is going to be busy with an election in 2022. But are the French president? Macron did say that the EU needs to be more involved with its own security going forward, and we've been hearing that for the last couple of years. That was a complaint from former President Trump that that you needed to spend more on its own defense. Are they actually doing that? They are And as you mentioned, your former president, Trump spend years badgering them about this. And in today's speeches, both Merkel and McCrone pointed out there spending more than ever on defense and Grown even went so far to say that Europe should spend even more in the future because, he said, the U. S is clearly focused on China and in the Pacific region more than ever. And that means that Europe needs to step up its own defense to better manage threats in its own neighborhood. That's NPR's Rob Schmitz. Joining us from Berlin. Rob, Thanks for your reporting. Thank you. What is the point of buying something now? If you can't
US Opens Way for Tougher Sanctions on Russia-Germany Gas Pipeline
"Now, let's take check in on the United States efforts to stop Russia from completing a pipeline that would funnel natural gas to Europe. At a press conference Wednesday, Secretary of State Mike Pompeo threatened sanctions against any individual or company that helps complete the Nord Stream to it's a clear warning to companies aiding and abetting Russia's malign influence projects. I will not be tolerated. Get out now. Or risk the consequences. Jennifer Start with the basics. What are we talking about? And why is the us opposed to this pipeline? Sure. So the North Dream, too. Is this gas pipeline? It's a Russian gas project. It's basically this long pipeline that's going to carry gas from from Russia to Germany and Central Europe. It's being built by a company that's owned by by Gazprom, Russia's state run gas company. On DH. It's basically you know Russia's attempt to broaden its reach into the European gas market in the U. S, on the other hand, sees it very clearly as a Russian attempt to exploit European dependence on Russian energy. And, you know, sees this as a threat to the transatlantic alliance and and things like that, and making Europe kind of more beholden to Russia on DSO, So that's kind of the basics here on DH. What's going on is that the U. S. Has essentially threatened to impose sanctions on any companies that are helping Russia build this pipeline. So So again, while this is being built by Gazprom, the Russia gas company half of the funding for the project is actually coming from five European energy group. So shall you never be and several others? And so the U. S. Is essentially threatening to impose sanctions on these companies for helping Russia and you know it's It's very much the US trying to kind of push Russia back. You've heard President Trump say this many times criticizing Germany directly and Angela Merkel for you know their dependence on Russian energy. And so it's very much part of kind of that that push but at the same time, you know this is this is throwing up very clear rifts between us and its European allies. Because Germany very much wants this pipeline to go through. Yes, they're dependent on Russian gas, but they are dependent on Russia. Guess so. They need it right so So it's causing some very serious rift in the transatlantic alliance, even though the kind of point is to help improve the transatlantic alliance. So it's this really big rift and it's not really clear what's goingto happen because if the U. S goes through with this They're essentially sanctioning European companies, which is a huge okay escalation the US sanctioning companies in Allied countries, Literal allies, Treaty
Pompeo Warns Energy Majors Over New Russian Gas Pipelines
"United States efforts to stop Russia from completing a pipeline that would funnel natural gas to Europe. At a press conference Wednesday, Secretary of State Mike Pompeo threatened sanctions against any individual or company that helps complete the Nord Stream to it's a clear warning to companies aiding and abetting Russia's malign influence projects. I will not be tolerated. Get out now. Or risk of the consequences. Jennifer Start with the basics. What are we talking about? And why is the us opposed to this pipeline? Sure. So the North Dream, too. Is this gas pipeline? It's a Russian gas project. It's basically this long pipeline that's going to carry gas from from Russia to Germany and Central Europe. It's being built by a company that's owned by by Gazprom, Russia's state run gas company. And it's basically you know Russia's attempt to you know. Broadened its reach into the European gas market on the U. S, on the other hand, sees it very clearly as a Russian attempt to exploit European dependence on Russian energy. And, you know, sees this as a threat to the transatlantic alliance and things like that, and making Europe kind of more beholden to Russia. On DSO. So that's kind of the basics here on DH. What's going on is that the U. S. Has essentially threatened to impose sanctions on on any companies that are helping Russia build this pipeline. So So again, while this is being built by Gazprom, the Russia gas company half of the funding for the projects is actually coming from five European energy group so Shell you Nipper, Om VI and several others. And so the U. S. Is essentially threatening to impose sanctions on these companies for helping Russia and you know, it's It's very much the US trying to kind of push Russia back. You've heard President Trump say this many times, you know, criticizing Germany directly and Angela Merkel for you know their dependence on Russian energy. And so it's very much part of kind of that that push but at the same time, you know this is this is throwing up very clear rifts between us and its European allies. Because Germany very much wants this pipeline to go through. Yes, they're dependent on Russian gas, but They are dependent on Russia. Guess so. They need it right. So so if it's causing some very serious riffs in the transatlantic alliance, even though the kind of point is too Help improve the transatlantic alliance. So it's this really big rift and it's not really clear what's goingto happen because if the U. S goes through with this, they're essentially sanctioning European companies, which is a huge You know, kind of escalation. The US sanctioning companies in Allied countries, Literal Allies, Treaty allies, and so it's It's a really big deal. You know, I recently back when we were still allowed to travel in the before times spent a few days reporting in Poland and it was a huge conference topic of conversation there. Poland Being a very close ally of the U. S not wanting You have North stream kind of go through it, and it would have to you. And so it's a very huge, huge issue in Europe. Even though most Americans probably don't even think about it. Give us some context. David about you know why this pipeline is so important to countries in Europe. So basically, Russia is guaranteeing of steady and relatively cheap flow of energy into Europe. So this is you know something that Angela Merkel has signed off on despite some skepticism in Germany, and certainly lots of skepticism in Washington, and they've already made this decision to do it right. The project is most of the way done and so that you know, there's a lot of frustration in Europe with with the US trying to derail this project that's already Ah, a lot of the way complete. But then there's just the same frustration in Washington saying, Hey, we warned you about this. At the very beginning. We said this was a bad idea and you kept doing it, so it has been a kind of it's been a thorn in the side of You know that relationship for four years now? Really? And Trump has particularly enjoyed. I think calling out. Angela Merkel is someone who had taken a tough line on Russia. Over Ukraine but had not over this issue. So he points out the hypocrisy there. Wanna quickly touch on another story out
KKR agrees buyout deal with German media giant
"The influential German media group, Axel Springer is seeking to go private with the help of US investor K are the greet paves that freeing itself from short-term market scrutiny will play the past for ambitious expansion plans Katie Martin discusses the move with our ash CG and vice versa. So tell us a bit about the history of Axel Springer. Where does the company fit into the German media scene will re company was founded right after the war by access Clinger, the hugely powerful archetype, German media tycoon. The power of the company really has long rested on ownership of bills, the German, tabloid paper, which is the biggest selling newspaper in Europe and hugely influential still in Berlin circles. What has made spring, quite special was always had a very strong political stance is very conservative paper. It's as editorial principles that or the journalists have to sign up to those included before unification that papers had to work towards helping Germany reunify, very strong supporter of transatlantic alliance with the US, very strong supporter of Israel. So it's a sort of very powerful commercially successful. But. Also, the very value driven publisher. And so over the years, obviously, it has changed its make up quite drastically. Many of the regional papers were sold off and it's tried to reinvent itself. And it's quite successfully as digitally focused company. So obviously billed as the biggest title, but what would be the other name publications the rest of us over here in London might know about the other well-known old media opportunity, they have is developed, which is sort of conservative broadsheet daily, but a very sort of spectacle paper, whereas Il can be quite wild until very recently running topless photos on the front page every day, of course shipping, a famous people surprised by the financial times in two thousand fifteen but narrowly, failed them was beaten out by Nikai, but company has really tried to reinvent itself. As a digital company over the last decade in particular, and that has meant heavy investment in two areas. One is in the online ads business, both for property and for jobs. Where spring owns some of the biggest sites in Europe in the U K in France and Germany in particular. And that segment of the business now makes up by far the bulk of their earnings. So she decided very early on to exit some of their old media businesses and shift money into new media. I'm so on the one hand that is this online ads business. And on the other hand that's investments in properties, such as business insider, the US news sites which they bought in twenty fifteen and setting up a joint venture to launch political Europe, in Brussels, most change, what are the main shareholders wants take the company private? And what are the terms of the deal will there's been sort of falling out of love between management and shareholders in particular over the past year management, especially CEO matere Turner feels that Springer needs to invest invest, invest in the titular to show up the companies. Wrong position in the online business. And what has happened is that over the past year in particular, it had to downgrade its guidance largely because of the need for more investment. And so that's not on the management board. And clearly also either spring out of founder's widow who owns more than forty percent of the company's. Still, they feel that the company is at a stage where it needs to invest, where needs trade sort of short term earnings for long term prospects and shareholders just don't seem to be willing to go along with that. And that really is sort of Reuss of the idea to take spring a private and to do that. Feeder, Springer's widow and Mr. depth no who himself owns two point eight percent of the company have teamed up with KKR and they are offering shareholders, sixty three euros a share which is a forty percent premium to the undisturbed share price. But it's still quite substantially below where the share was only last year. So is this a? Good deal for the minority shareholders, who are going to be both out. Well, it was an interesting statement that came out of extra Springer on the day that the author was sort of finally made public and confirmed on the very same day they issued a pretty hefty profit warning. And so, basically the message to shareholders walls, whatever you think of this price that we're offering you, if you don't take it, you info quite a bumpy ride, because the company will prioritize investment over short term profit and over reliably raising the dividend, and these kinds of things that shareholders, like so probably the message to shareholders at least it's been it's not gonna get any better for you. If this deal doesn't go through. So Arash why would you know, big, shiny US private equity group like take care? Be interested in paying a premium to help the company take yourself by that. Well, there's a couple of dynamics at play. I mean first of all, kick yards a very big European presence. So they're already on the continent throw in the fact that actual Springer and build. In particular, come with a lot of social capital in the sense that you're playing with one of the most powerful and influential media companies in Europe and getting your hands on one of these prize, commodities is often very attractive for people if you think about the company's structure with free to stringer owning over forty percent of the company's control and Matisse dope. Never at their two and a half percent. The idea of ever really having a say in a company like this is a rare commodity. So if you're kick are, there's a couple of tractive reasons there now actual Springer has been thinking about this for some time, Amatya still who's the engineer of this whole transaction has been interviewing private equity firms over the last few months, I discovered in my reporting and selected KKR for a number of reasons. And so they are now teamed up and while importantly, the structure basically sees the kick AARP has to satisfy getting twenty percent of the minority shareholders. So if you think that free to spring controls about forty two percent Matisse stove close to three percent. They need to get to about sixty five percents delist the company, and so that's why the offer comes with the terms that says care, I need I about twenty. Sent a minimum of twenty percent of the shares out once the private care will still be a minority partner, but they will have influence and so on so forth and in the European private equity environment. There are very few deals where you can put a check of a billion euros. I work in one go. So this is quite attractive for a number of reasons and obviously, the main reason why company like KKR goes into bed with anyone is to make a ton of money for its shareholders. So that's principally the goal here. So speaking of making a ton of money what all the plans for the company beyond the deal will you got to imagine there's a couple of things going on. There's probably some structural changes to the company and its alignment and jobs, which will probably be better executed private and out of the headlines wants. It's private. We don't get to see what's happening. It's a lot harder comes a lot less transparent. Some of the difficult decisions that public markets, create for management will no longer be there. So that means the restructure structure, fire people that will happen outside the glare of the public eye. Maybe some of the dirtier work inside the portfolio of assets that isn't as nicely managed. Can be shut off in ways that again, don't get the same attraction and equally. If you want to make big bets on certain other businesses, you then have firepower and the ability to go for it without public markets judging the transactions. So you have to imagine that there is a plan for kick AR to basically bring firepower to the table for them to pursue transactions to then ultimately see them in maybe five years time returned to market at a big profit for everybody. So companies have traditionally preferred to raise cash from shareholders on the public markets toward extended this going into reverse. This is a bit of a unique situation. And in fact, Qiqihar has experienced doing this in Germany, where there's typically large foundation or large shareholder as the cornerstone investment care help, take a market research company called Jeff K private in Germany, similar structure almost the same playbook. Twenty percent added onto the deal to delist and to it that way. It's a different form of LB OBE leveraged by because you're not buying out the whole thing as majority partner, you're buying it as a minority part. But all the advantages of elbow exists, as long as you can work through the management structure, which you won't have as much influence over. So I don't think this is a major trend in terms of public private markets. I think it's unique to companies where there's a cornerstone investor with forty two percent sitting there and the options are limited. So this is kind of a unique structure almost German specific and a lot of ways and care has done it before. It's very specific to kick AR. So what are the big challenges for the company now is it getting the daily of the line, or is it taking what could be quite painful decisions once, that's all done? They probably have a plan for what they're going to do once. It's all done the hard part is getting across the line. So if you're kick AR union to make sure that twenty percent of the investors sign up to this the could play hardball with you. There's history of people like Elliott and some really clever investors going in enforcing railroading companies to pay more money in deals. There's a added complication, which is that there are heirs of the Springer family who also have roughly ten percent of the company axel. Vents Springer spends finger and Ariane Melanie Springer who have about ten percent combined now. My reporting suggests that it's not all hunky Dory on the family side and it's not like everyone's on the same page. I'm not saying it's like HBO show succession, but, you know, families are complicated in the politics within that is always tricky as we've seen in, in other media family like the Murdoch's. So the question is will these to put their ten percent in, because that already gets K are halfway there, or do they take the view that this is going to be, so profitable once they take it private and fix it up that they should stick around and that automatically add some complication because then it shortens lists, the view is they're going to ride the journey still and want to get rich off what happens. So they'll have to convince the other shareholders, this is a good deal. And that's the primary challenge right now families, plus money always equals drama. Right. And great headlines and headlines, she great for us. But Tobias how is this going down in Germany? How's it being viewed, this surprisingly little political reaction to this? I mean as the rash mentioned. Spring is hugely politically influential, all the perhaps, less with the Mackel government than with all the previous ones. I think it's in very much presented here as a move to shore up the sort of long term future of the group. It's been presented and also launch the scene. I think as a move in favor of sort of a long term view, rather than short-term pressure from the capital markets. And as we know that kind of discourse tends to go down quite well with the German public. So they're certainly been very little criticism of this deal. And I think there's also sort of expectation or hope that extra could use this window can use this freedom of being a private company to bulk up and protect itself against, for example, new competition from the likes of Google, which is pushing very hard into the market for online small ads. So I think this is a deal that is really metro little criticism from any corner him. That was Katie mountain. Compass markets editor, soaking Arash Markazi corporate finance deals editor and Tobias the Berlin correspondent, thanks for listening. Don't
World Leaders Commemorate 75th Anniversary of D-Day
"Talk about this morning's commemorations in Normandy, you were there. What were your impressions? And what stuck with you not gonna forget today for quite a long time? It really was and mazing born just a gorgeous day, and the first time I've seen the, the beaches of Normandy, and these massive cliffs, and, and you had to get a scale of what, what, what just get an idea of, what may have been like back then, and then to be there with, you know, ten thousand other people who come from all over the world to be part of the ceremony. And then, you know, Trump comes in his helicopter, mccrone comes in on his hell. Copter, and it's just a day to commemorate really one of the seminal moments in the relationship between the net, just these two countries. But this transatlantic alliance, you know throughout the west. So it was it was really amazing to see to say nothing. I should say of the veterans of World War, Two that are in here. I mean there's, there's a there's a handful of d day veteran still with us, and they just received a hero's welcome wherever they went as they serve explored. The sips just cemetery on there in the wheelchair is everywhere. They turn they would get a rousing round of applause, the foot ceremony started. Or we were waiting for the president's to show up all the veterans got seated on stage and the crowd of ten thousand people stood up and gave them a four minute long standing ovation is is pretty special pretty special morning. And we did hear from several leaders, including President Trump. I'd like to play a piece of his speech to all of our friends. And partners. Our cherished alliance was forged in the heat of battle. Tested in the trials of war and prove it in the blessings of peace. Our bond is unbreakable. We heard from several world leaders who emphasized this theme throughout the week, but as you write in your piece for the Wall Street Journal, the alliance, that's being celebrated today is now facing new challenges. Well, first and foremost, Ray is a President Trump in, you know, he was elected on a wave of anti-establishment conservative populism. And for President Trump internationally that being a strong focus on, on trade, deficits and a strong focus on Bill, Terry spending. He does not want America to be spending money for countries that can afford their own military, and be that, that we had trade deficit with those are deeply intertwined in his mind and his politics. And he's been the first leader sits boil over to really in America to check. Challenge to really challenge some of these issues where these issues previous presidents have or other countries to increase the their, the percent of spending, they vote to defense, but President Trump has been the first one to push this first and foremost, then in international policy. And meanwhile that comes with some other nationalist movement, sort of sweeping through Europe. So there is some orient them here for for the president, but largely today, the president kinda played nice with mccrone with those kind of parts in Europe, he focused, his speech, almost exclusively on the ceremony and the veterans he met with the crown afterward for an official eating and, you know, he also talked about the relationship and how strong it was pretty good. Now, how strong it feels it is so definitely today he left the fighting for another day.
The fraying transatlantic alliance
"Hello and welcome to this edition of weld weekly from the financial times. I am answer venture Johnny the world news editor and this week, we're looking at transatlantic relations as the Trump administration appears to turn its back on its traditional European allies in a sign of Washington's shifting allegiances, the US president on Monday, welcomed Hungary's, illiberal leader, Victoria, Alban to the White House days, after his secretary of state abruptly cancelled a meeting with Germany's Angela Merkel joining me on the line from Washington DC is Dmitri, Sevastopol, oh, the F, Washington bureau chief and from Belene guy. Chaz on our between VERA chief my first question goes to you Dimitri. Donald Trump was fool of praises for Victoria ban on Monday. He congratulated him for his quote block up against refugees from Syria, and he's work to protect the Christian communities. Can you give us a bit of details and explain why this visit is so important and telling we'll, I think one of the things that we've learned about Donald Trump over the last two years. This is one of the things that many Europeans have concerns about is, he seems to want to solve up to leaders who are far -tarian strongmen, you know, very hard line. You know, there's a long list, whether it's early on in Turkey or on in Hungary Kim Jong on North Korea, who Donald Trump said he fell in love with or Vladimir Putin in Russia Trump when he meets these leaders at least publicly doesn't criticize them for some of the things that they're doing their own countries to threaten democracy on the other hand, he seems willing to criticize Anglo Myrtle, or Theresa May or president McConnell, France. So there's a kind of cost me come seems to like something to these strong, tough solitary leaders. And yet, he at the same time he seems to be dismissing some of the concern. Means pushing away, European allies of America who have helped maintain the kind of peace across the trans Atlantic now for seventy years. As you said, the relationship has fuss deteriorated since Donald Trump kimchi office. The US needs key. European is have diverge on a number of issues. Can you list them for us? I mean, it's really wide from climate change trade, Iran. Well, I mean, from the very beginning, it's a long list, one of the things that President Trump today early in his presence. He was he withdrew the US from the Paris climate accords which sent ripples across Europe and the rest of the world later on in his tenure, he withdrew America from the around nuclear deal that America and some of its European allies had signed with Tehran in twenty fifteen on that has led to convert more bellicose stomps on Iran. He also has been incredibly critical of NATO now in criticizing NATO. He's not the first president, President Obama and President Bush frequently said that NATO allies needed to pay more for their defense. I remember travelling to your puts on rump sell the Robert Gates and they were constantly sending this message of Europeans. But Donald Trump has done it in a much more aggressive way. And I think one of the most heading examples was last summer in Brussels out of NATO summit, he was very critical. Angela Merkel both in public meetings and in private meetings and he's shocked many of the leaders who were in the -tendance. So I mean, there are other issues there as well to do with hallway and five G telecom networks and other things. But I think there's some of the main ones that have really created a false lines in the transit onto relationship guy intending to, you know, defense. Secretary of state. Mike Pompeo cancelled a meeting with medical less tweak invoking rising tensions in the Middle East. What was the reaction in betting? I think those zoo Hora that it was seen very much as a snub, it was supposed to be his first trip to Berlin, since he became secretary of state, and it was very hotly awaited. And he just didn't turn up. And I think there was shock that he then went on to Britain. And even so they all Tricia Canterbury. So, you know, even just in Welby was more important to him as a priority. Angela Merkel those real dismay, lots of Coventry in the German press, basically saying that the US German relationship is now, basically in TATA's on, what are we going to do about this, this feeling of crisis really in a relationship, which has been one of the main pillars of Germany's post-war identity really for seventy years now. Why do you think that Mr. Trump targeted Gemini, in particular among its European on is what's your assessment of that? Well, they're personal reasons as well as political reasons. The chemistry between Angela Merkel and Donald Trump has never really worked. You know, she really comes across as associate professor, and he's like the naughty boy who didn't do his homework, he doesn't like being lectured, and Michael does have a tendency to lecture, one of the first thing she did when he was elected president. She sent him a message saying will look forward to working with you, but very much on the basis of our shed values of respect for human rights, and democracy, and so on that was perceived. As a real slight to Donald Trump. Basically a smackdown saying you're going to have to behave need didn't take Hymie to that. But there are other aspects. It's not just the chemistry America is very antagonist very exercise by Germany's failure to meet its commitment, which gave in two thousand fourteen to spend two percent of its GDP on defense. It's nowhere near that target and in fact recently published its budget estimates for the coming years, and it looks like it's actually going to go down as a percentage of GDP is spending on the military. So that was seen as a real red rag to Donald Trump's bull. And he's also, I mean, there's a very famous interview he did with playboy magazine from the ninety s where he complained about how many German cars that were on Fifth Avenue in New York, and he's had Macedo and BMW in his science for many, many years. So it didn't surprise the Germans a tool that he started talking about imposing. Import tariffs on European cars, and he's been complaining for longtime about the size of the German, current account surplus, which, of course, a lot of Germany's allies in Europe of also join attention to over the years. What do you think all the far reaching consequences for Germany? What are the Germans, what kind of lesson? They're drink from this facility longer term. Do you think there's a realization that Germany, and Europe must be more independent from a defense point of view, or, you know, foreign policy point of view? What is your sense? Absolutely. I was at a conference, whether we're talking about this and one speaker said Germany's success is built on three elements integration with the EU the transatlantic security guarantee on Germany's access to open Mockus worldwide and Trump threatens all of those three things. So there's a sense, here that there's, it's kind of existential threat posed by Trump's America first ideology tool. All those things that have made Germany, such a huge success over the last few decades. So that definitely is a feeling that they have to respond in some way. I mean it's very tentative at the moment, though, I mean, for example, that talking about developing much more of a kind of foreign policy. Competence in the EU and more of a sort of independent defense posture, and, you know, maybe getting rid of unanimity, and you decisions on foreign policy, so that they can have more qualified majority voting not come thing, but it's all relative tentative. And even when they do talk about building up their defense capabilities that gets them in hot water with the Americans. We wrote the story saying, how America was criticizing the latest initiatives for military cooperation between EU countries, the Pescara the permanent structured cooperation initiative, and EDF the European defence fund because they feel that it's not really compatible with NATO that it produces. Much duplication and diversion of scarce defense resources and it sets up a necessary competition between NATO in the EU. And so the sense of frustration in Europe over this is light. You tell us we need to do more far defense, and then we try and do it you complain. So the relationship has Radi scrunchy at the moment as we can see on the number of different fronts. Exactly. So they have this quantity move from the US. Do you want to jump in Dmitri? It's true that every time Europe speaks about more independence on the security from the US gets angry and gets a letter warning. But on the other hand, you know, you get a sense that the US is kind of retreating from Europe. What's your interpretation? Well stuffing element of Donald Trump getting a little bit of taste of his own medicine, sometimes when the European say that they want to their own defense capabilities. But I think it's also important to stress that this issue between the US and Europe on defense spending it really isn't just Donald Trump issue. And he is the one who is addressing it in a much more assertive, much more aggressive on some people would say overly aggressive way. But it's something that has stretched back now for more than a decade in the US the US than constantly saying to the European countries, particularly Germany because it is the biggest economy in Europe that they need to spend more. So I think it's an issue that's not going to go away, even if Donald Trump loses the election in twenty twenty I think a democratic president will be much friendlier to traditional US allies and I was just in New Hampshire on the campaign trail with Cory Booker and Beethoven, Joe Biden on all of them were talking about the need to rebuild on to strengthen American alliances with Europe. But notwithstanding that I still think. Whoever's president after twenty twenty is still going to put pressure on Europe to spend more money on defense, and if Germany and some of the other countries who haven't miss this two percent target haven't reached it, then I think you're still going to have tensions on that issue just to go back to one thing that guy said, I really do think the car issue is critical. I mean Donald Trump has how the being his bonnet about cars for a long time at the end of this week. He's going to potentially decide whether to put tariffs on imports of European cars. So this really is something that's a trade relationship is something that really gets him. And also when he was in Europe last year. Another thing that he criticized glimmer pool for is the Nord Stream two pipeline that will bring Russian gas into Europe and Donald Trump and some of his team are saying you want us to spend money to defend you against Russia, and yet, you're buying Russian gas on the other hand, the European say, hold on a second. You're the president who has criticized by the Putin, for orchestrating a campaign to interfere in the American elections. So there's a lot of things crossing the Atlantic and. It's very hard to see how any of this gets any better while Donald Trump is in office tensions, are escalating in the Middle East over Iran, with rising threat of war, and some echoes of cheese than three when the US in some European countries disagreed, on whether to war with Iraq. Dictates us Adam Hussain to meet you what all the broader security ramifications of this poor transatlantic relations. Are we entering a new testing phase? Well, the big question that's emerged in the last few days in Washington is are we returning to the early years of the Bush administration where it appears that there was a constant drum beat among Iran hawks for the US to take military action against Iran. Now, we know that on both in the national security advisor has asked the Pentagon to dust off its war plan for Iran. Not the caveat there is at the Pentagon has funds for everything, and there periodically dusting them off. But when a story comes out that they're dusting them off, Iran at a time when Mike Pompeo secretary of state. John Bolton and others are being very aggressive in the rhetoric towards around it raises questions as to whether the US is contemplating taking most reaction, and I think, not something that would be a huge divide across the transatlantic. I mean as much tension as two walls, when George W Bush invaded Iraq. You remember relations then between George W Bush Gertrude or Germany were extra very odd because since the war in Germany. But I think we would see something that will be exponentially worse. If the US did take any kind of military action in Iran. So people are watching very closely right now to see whether this is just on both in on the hawks making bellicose noises. Just too scary round or whether there's actually something fundamentally happening behind the scenes. My thanks to Dmitri and guy that was really fascinating. And that's it for this week till next week goodbye.
James Menendez, Bbc and Two Percent discussed on BBC Newshour
"Hello and welcome to newshour from the bbc world service i'm james menendez coming up diplomacy trump style the us president needs the nato summit saying he's happy that fellow members of agreed to spend billions more on defense this was a fantastic two days this was really fantastic it all came together at the end and yes it was a little tough we'll find out what tough means and whether this old alliances stronger or weaker now we'll see today president trump has just arrived in the uk on his first official visit the british government's be sitting at its detailed plans for brexit plus a gripping and terrifying account of the thai cave rescued from one of the divers involved a turnaround after about fifty meters when i got soak and then we both agreed this is madness we're gonna kill ourselves there's no need for more people to dine escapes all of that more after the knees this is the bbc news hello i'm jonathan is art president trump has said he's now very happy with his nato allies for committing an extra thirty three billion dollars to military spending he told a news conference in brussels that nato was much stronger earlier mr trump shamed germany spain and belgium for falling well short of the collective pledge to spend two percent of gdp on defense our defense and diplomatic correspondent jonathan marcus he is like t to extract some significant additional defense expenditure but how quickly people reach this two percent target is unclear the likelihood of people going much beyond that i think is a fantasy so many more questions than answers and still a fundamental uncertainty about how mr trump really regards nato is it merely a set of transactional relationships or is it the fundamental bedrock of a transatlantic alliance that up to now at least it's been seen a securing as much america's defenses as it does the europeans russia has hit back at president trump's complaints about new gas pipeline being constructed between russia and germany the kremlin spokesman said mr trump was trying to force european customers to buy more expensive american energy and in the past few minutes president trump has landed in the uk for a two day working visit during his trip he will meet queen elizabeth and the prime minister britain's new brexit secretary dominic robb has outlined in parliament detailed plans for future trading relations with the european union after the uk leaves the block in march robertson reports after two years of indecision theresa may governments have finally opted for what might be called a softer brexit which envisages continuing close economic ties between britain and the eu of the heart of the plan is the idea of a free trade area and a common rulebook so we'll disruption to business and the need for a border between northern ireland and the irish republic but it's already meeting opposition from both brexit enthusiasts in the governing conservative party and from brussels so the government's may at last have a plan but the real drama over brexit is likely only just beginning members of pakistan's former governing party the pm l n say hundreds of their members have been detained by police in the city of lahore before general election later this month they say it's an attempt to prevent them holding rallies in support of their leader the former prime minister now i sharif more from joanna jolly pm l n members say police have raided the homes of party councillors in the whole and detained activists here in charge of organizing street protests they say the crackdown will make it harder for them to stage rallies when their leader now as chief returns to the city on friday mr sharieff who is currently in london was sentenced in absentia by a pakistani corruption court to ten years in prison he says he will return to challenge the sentencing which he described as politically motivated you're listening to the world news from the bbc this.