at the podium was klaus schwasc. this should be a meeting of recognizing realities. we are not moving back to the old world. this meeting shall be a meeting of constructive optimism. reporter: later in the program we ll be talking to the head of one of the biggest companies in india and hear from jared lyons and his ideas about a economic super cycle. well, let s take you on to the european stock markets open for about an hour and intere interesting to see what s happening following that decent run-up on the dow. we are seeing a little bit of money coming off the table. they started flat but we are now looking at losses of around about a quarter to a third of a percent for london, paris and zurich. slight gains for the xetra dax