Pot ash. And the german vice chancellor and head of the fdp party tell cnbc exclusively that the Ruling Coalition is right for germany. Also holding the title of economy minister, he lays out his support. It is hard for me to show there are no burdens for corporates or german smas. That means no increase in the substance taxes. Energy has to be affordable. Good morning, everyone. Emerging markets once again in focus today with the indian rupee falling to a record low and indonesia selling off quite sharply again today. Adam is in singapore with the details. Adam . Thank you very much. It was a particularly ugly picture in southeast asia. The epicenter of where the selloff was actually happening here today. The market you just mentioned, falling heavily for the second straight day, taking the combined two day losses beyond the 10 mark for this equity market, currently still trading. Off 244 points across the board. The Market Players in indonesia seem to be a lot concerned about the sel
1 15. Up until then from this mornings washington journal, senator sanders from vermont. Host senator bernie sanders, senator from vermont, here. Thank you for being here. You served on the Budget Committee. We saw senator patty murray, the chairman, introduce her budget plan. Heres the headline in the Washington Times there are no sacred cows that calls for 1 trillion in new taxes. Whats your takeaway . Guest well, what it does is also call for substantial cuts, but it deals with deficit reduction in a balanced way. What the republicans want to do is do deficit reduction simply by cutting, cutting, cutting. Doing away with medicare as we know it. Right now converting that into a voucher system which we very, very onerous for senior citizens, making devastating cuts in medicaid which means that millions of millions of American People and kids will lose their Health Insurance. Massive cuts in education, in nutrition. Basically every program that in the middle of a terrible recession wor
Who is the victim of a breach of contract, if you are potentially going to cause this because of criminal suits due to delayed, then you are threatening the efficiency of the legal structure. President clinton who signed down into the recently wrote the question is whether it is consistent with the principles of the nation that on history to, quality and justice above all and is therefore unconstitutional, and quote. In the time that his pastor 1996, my view along with president clinton and colleagues, their face and makeup of our families herbology for what i think is for the better. Those of us in congress, regardless for religion or party represents you in and nothing relationships you wish to have rights granted to a sitting on sitting on the podium today. I cannot in good conscience tell my constituents that their country does not value their bond, their commitment her family. I ask you just to consider my words and thank you again. Its a privilege to have you before us today. Tha
We are the worlds policeman. The other socalled world powers are either too cheap, morally indifferent, or happy to sponge off of us as they have neglected their duty to keep some semblance of order. We are unwilling to let crazy people romp through our neighborhoods. But we are not is the world social worker. To the extent we take it upon ourselves, the goal or the obligation to bring universal selfridge, make sure people can listen to madonna, bring about democratic elections. That is not our job. We are not good at doing it. We are good at building roads, crushing opposing armies. No government is good at the work of nationbuilding. [bell] we will alternate. Tucker, you will go first. Federal debt does it matter . We can simulate our way to prosperity. You are insane for suggesting it. It matters because i believe in math. Here is what i know, which is saying i believe in science. You often hear we are for science. We do not believe in evolution. We are on the side of science. Anybo
Worlds two keen euclide powers the United States and russia with both sides threatening to upgrade their Nuclear Capacity and china is also expanding its Nuclear Arsenal not to mention other countries with Nuclear Ambitions such as of course north korea so our question here on quadriga this week is the new race a more dangerous world and to answer that question or to discuss that question im joined here in the studio by constanza who is an expert on International Relations and Security Policy with the Brookings Institution in washington she says the world has become a lot more dangerous in the last twelve months problems with effective arms control oh only one of several reasons also with us is motel naming an author and editor of the berlin based daily newspaper. The argues that none of the great powers profits from any kind of military escalation the world is getting unpredictable very. Its simple but not necessarily more dangerous. Than the warm welcome to to something whole from th