Now on bbc news its hardtalk. Now on bbc news its hardtalk. Welcome to hardtalk. Im Stephen Sackur and this is munich a city emblematic of germanys prosperity and small sea conservatism. Small c. But right now, german politics looks anything but steady, stable and predictable. Angela merkels new grand coalition with the social democrats is very fragile and the biggest Opposition Party is the far right alternative fur deutschland. My guest today is the influential md mp, peter boehringer. So how will his party try to exploit the weakness of Angela Merkel . Peter boehringer, welcome to hardtalk. Thank you for having me. Lets start with a big picture of german politics today. In some ways, nothing much has changed. Here we are again facing a grand Coalition Led by Angela Merkel with the christian democrats and the spdt together. But actually, things quite different this time . We are not even there. We do not have that coalition. You are right, we will have that pretty soon. Having said t
A generation being devastated in syria. The unprecedented suffering of children in the civil war. Also coming up, the challenge to find new antibiotics. Scientists search beneath the seas as they hunt for drugs to defeat the superbug. Im brent goff. Good to have you with us. With two days to go before the dutch general election, all eyes were locked onto a live tv debate tonight. The Prime Minister faced off against the far right populist candidates. Ruttes centerright Peoples Party leaves the polls, but the party of freedom is in line to be the secondbiggest and he may find himself in the position to dictate terms over the formation of a new government. The pair exchanged barbs over the netherlands ongoing diplomatic spat with turkey. Here is what they had to say in the debate. We have a problem with integration. We know the turks deliver an 80 contribution and 80 feel closely related to turkey. What happened that evening on saturday is totally unacceptable. It only happened because o
Adjustment taxes. Really tricky. The im sure all intricacies will be up for debate today. Who are you going to be speaking to . David the ceo of General Motors. I will get a chance to sit down with her oneonone right after she meets with President Trump later today. Alix i will be speaking with Richard Lefrak. He is cochair of President Trumps Infrastructure Council. t miss the in review interview coming up later. Utures up modestly 105 days without a 1 down move on the s p. The longest streak since 1995. It is a weakerd dollar story. Sessionhighs of the after the Weekly Earnings drop in the u. K. Fiveyear down by two basis points. The fix slightly lower vix slightly lower. Thats a look at your current board trade. The global head of ethics strategy. Heres what he said. The fed is a pussycat that would like to change its spots into Something Like a leopard. Spots it changes its joining us now is george osullivan. D jim that is basically alluding to can they get hawkish height hikes on
Forbid, one day we get too restrictive policy that would end financial repression. Which year when we get there. Would we get there . Bill i think it would take longer than two years. To contract is neutral interest and right now it is below zero and it has been below zero the last five years. Prior prior to lehman brothers, it was 1 or 2 . What is the answer for a high level world that was damaged significantly in 2009 and 2010 . The fed is proceeding gradually. I think the neutral rate of interest in nominal terms is probably around 2 , 2. 5 . Is ituggesting 2019 is at 3 . It is approximately 0 on a longerterm basis, which means real Interest Rate at a zero percent level. It is a delicate process, and not only the fed, but the ecb, all doj all boj Central Banks have to tread carefully as they move up. Scarlet janet yellen stretched stress they were looking at a gradual rate of great increases. Can the commitment of a gradual pace coexists with discussions on how to shrink the Balance
Gets the job done. I believe we are poised for 2017 for this to be the most Productive Congress in decades. Now, we could easily screw it up. But if we actually deliver on what we promised, i think we can have a tremendous impact. Charles on this day, the ides of march when julius sees a was famously assassinated by the roman senate. Ill start with the ladies in studio. Ask its starting to feel like something nefarious is afoot. Tammy you have a cadre of republicans who made it clear they dont like the president. They have a different view of government. Ted cruz is also not fond of the president. But within the last week he was at the white house and had a private meeting with the president. His daughters were in the oval office. Now you are hearing strong comments from senator cruz against the bill. Tea partytype people dont like paul ryan. They dont think they are suddenly on board with President Trump. The general sense is that third part of the bill of what president obama imagine