Update from our correspondent in a moment but first heres how the night of negotiations played out. It was for a climax of a Coalition Talks the head of the free democrat sleeze for building to make an announcement he said his party was pulling out of the negotiations. Younger ones were being forced to cast away our principles and everything that weve fought for over the years. And we will not let down our voters by standing behind policies of which were not at all convinced. Its better not to govern than to govern badly so that you. Could by. Probably doesnt. There was no immediate confirmation that the talks had collapsed for some time the other party chiefs remained inside and then they came out to face the cameras led by chancellor angela merkel. She confirmed for talks had indeed collapsed
but the other parties have to be prepared to do the same and this evening one wasnt. The collapse of the talks now puts merkel in a difficult position she could try to form a Minority Government if those attempts phiona new elections may be the only way out of a deadlock. So what does all of this mean lets talk to our Political Correspondent chris averse bring it with us here in studio hi christopher we mentioned there that there seemed to be able good deal of disappointment after it appeared that this was not going to work out but also some surprise where exactly did things go wrong well there were Policy Differences most of those Policy Differences on Climate Policy which is very close to the hearts of the environmentalist greens also big differences on Migration Policy but more and more fingers being pointed at the probusiness liberals the f. T. P. Weve been hearing in the last few cd conservatives saying that progress was being
unable to keep the different elements in these exploratory Coalition Talks from sniping at each other so no trust was able to evolve between the Negotiating Partners and were now facing here in germany a period of unprecedented Political Uncertainty take us to the next. Absalom engine that Chancellor Merkel will be meeting with the german president five about this time i today thats right and frank fell to steinmeyer who is by the way a Social Democrats will though he is german president bound to be politically neutral hell be talking to us at two pm local time i understand he is going to be appealing all parties in in germany to all parties in germany to bear in mind they have a responsibility. Not only to their party but also to the nation now some people see that as a hint to the Social Democrats who are still Chancellor Merkels Coalition Partners in the outgoing government. An appeal to them or at least
a hint to them that they may need to reconsider their declaration that they are not available for a coalition with Chancellor Merkel is that likely that the Social Democrats could actually join this government again well we. Are expecting a statement from the leader of the Social Democrats at ten a. M. That didnt happen a less senior social democrat was sent out and told us that. Consultations are ongoing that certainly indicates that the Social Democrats are having a fairly long discussion about how to behave here and im i do expect chance the machall at some point to invite them to Coalition Talks and they will then need the Social Democrats that is to stand up in public and say we are not available they do by the way have quite a long tradition the Social Democrats of putting the nation before the party and just briefly christopher could we see a new election i think its unlikely its very difficult in germany to have fresh
elections theres a lot of ground to cover before we get to fresh elections all right chris first brigade our Political Correspondent following all the latest developments for us thank You Christopher and welcome. Across europe leaders have been watching the developments here in germany very closely lets bring in our brussels Correspondent Max host month for us hi max germany is that use largest and most powerful country so what does political instability here mean for europe in the next weeks and months we have a lot of very important summits very important to go she ations let me draw your attention for example to the ongoing brags that the goshi ations than also the discussions about the future of Europe Reform of the eurozone is something for example that the french president mounted mccall wants and we also have a summit for that here in brussels in the next week in next week we have the e. U. Africas summit in ivory coast about the very important topic of migration and as long as germany doesnt have
a new government they really cant function they cant play their role as they are supposed to in these settings and they have a very Important Role you mentioned it most important country most important economy so this will slow things down on the European Union level what are some of the reactions youre saying there in brussels today. Were mainly having reactions from european parliamentarians and one of them i talked to for the numbers from the greens told me Welcome To The Real World germany meaning of course that germany in the past years sort of seemed exempt of the general developments in the European Union fragment is ation Right Wing Populism for example belgium where i am at the moment took ages to get a new coalition also the never led so this is a reality that germany seemed to escape so far but now no longer they are part of this reality and its also a disappointment for many here because they always saw germany as this stable haven a something you could rely on as the country that got things done that doesnt seem
to be the case any longer and it gets a lot of people here worried you have been reporting for us from brussels thank you max. Well investors dont usually like instability a christer for christmas cobras more on the economic implications thats right so maybe song initial Quick Reaction at currency markets the Political Uncertainty in europes largest economy sending the euro to a two month low against the japanese yen in asian trading this morning the common currency paired some of these losses later on Stock Markets in frankfurt london paris also opened lower with germanys blue chip index dax trading below the Thirteen Thousand point mark overall losses where limited though. For some more actions lets bring in our markets man conrad booze in frankfurt conrad two months after the election europes biggest economy still doesnt have a new government why is there not more concern among investors. Well kristoff the fundamentals the economic fundamentals remain intact they havent been really changed due to this failure of the Coalition Talks in berlin on the contrary the efile institute of Economic Research this morning announced that it will increase its full cost for german g. D. P. Growth for Economic Growth this year to two point three percent thats four tenths of a percent higher than the previous forecast what has been reduced though here on the markets is the potential for the stock market to go for a year and drag we shouldnt forget that the german dax so far this year has gained around about twelve percent so it would need a strong positive impulse for investors to continue Buying Shares and of course the fact the failure of the Coalition Talks in berlin is not such an impulse now lets
look at the options here conrad we may be in for prolonged discussions possibly for a Minority Government possibly fresh elections that doesnt sound. As the bedrock of stability that germany was long viewed as. You know it does not christopher youre right and of course this morning a lot of pundits and also economic Lobby Groups Business lobby groups come out with concerns that you know the failure of those talks might undermine the confidence in the country you know the belief that our public political system works and of course this failure means that a lot of important topics for businesses like broadband like the future of energy get postponed even more but i can only repeat myself as long as the fundamentals are ok from the markets from an investors Point Of View this is not a very big problem yet and conrad one of the sticking points of these preliminary talks has been energy and the future of fossil fuels now shares of energy giant r. W. E. Are surging this morning any connection there with the Coalition Crisis in berlin. Absolutely r. W. Is one of the Country Companies with a lot of power plants fueled by coal and its also one of the biggest Coal Producers in the country so people at other value he must be relieved that the Green Party Didnt Have Or did doesnt get the chance at least for the moment to form a new government in berlin come out those in frankfurt thank you. And ill have more business for you later in the show for now back to sumi on the latest on the political crisis in zimbabwe thank You Christophe well the countrys embattled president Robert Mugabe has defied expectations by not resigning in a widely anticipated speech to the nation on sunday mugabe stressed that he was still in power despite mounting pressure to step down now he has missed a deadline from his own party to step down and could face Impeachment Proceedingswhen Parliament Reconvenes tomorrow. Zimbabwes longtime president Robert Mugabe addressed the nation for the first time after being sacked as zanu p. F. Party leader his expected resignation was not forthcoming merely an acknowledgement that mistakes had been made. The president of zimbabwe and as. Chief do acknowledge the east shoes they have drawn my attention to and do believe that these were raised in this spirit of honesty and out of deed and that tree are to. For this. Nation and for the welfare of our people not only did mcgarvie not announce his resignation as expected he further pledged to preside over the
upcoming zanu p. F. Party congress a clear slap in the face to his own party who had given him twenty four hours to resign or be impeached. Zimbabwes main Opposition LeaderMorgan Tsvangirai said he was baffled by his failure to step down as were many ordinary citizens. This week the next and. Despite everything that he has done to be with dignity and to just walk away. And we just think. Its true that. Hes so stubborn. With the confusion following mugabes speech the way forward for zimbabwe suddenly seems unclear. Lets get the latest from harare a journalist who is standing by for us on the line hi ray there was a deadline for mugabe to resign and that has now passed and theres been some media
reports that he struck some kind of deal what is the latest that you can tell us. Thank you see me for having me well the latest that we have from harare this off to new noon is that to zanu p. F. Is going on here with the Impeachment Process and we have some information coming from the party that all it senate does in all its members of parliament have been asked to meet at two thirty at the Party Headquarters for a Caucus Meeting and i suppose thats where they will get direction how to proceed in terms of the impeachment which is going to be taking place and under way within zimbabwes parliament when it resumes tomorrow after a two week break ok so if Impeachment Proceedings are going to be started today how much longer can Robert Mugabe really hold on to power and why do you think he hasnt bowed to the pressure so far. Well walls are caving in on prison but thats the reality and its most likely you know by the end of this week hes
fate will be known and you will probably be out of power the reason why hes holding on i suppose is the fact that he hopes he can come in and intervene in some way or that you try and risky him from the situation where basically hes been rejected by his Political Party hes been rejected by the people of zimbabwe who came out on on saturday for. Protests and Street Marches and now hes looking like that at the parliament is grange also reject him so hes facing you really air resistance from all fronts. As things stand this afternoon in harare where hes also been rejected by war veterans who support him and they said today they could actually want to take mugabe to court for him to step down why would they do that if impeachment is possible. Well most likely they ease a feeling within trends that weve seen zanu p. F. As well they are still remain loyal to president Robert Mugabe despite you know the public show of support that they might otherwise so its really a case of the war veterans not taking or leaving anything rather to chance they want to use and maximize on any of her dreams that are available to them so thats why were seeing them threatening to take it to the high court because they are with you know the m. P. s well see through the votes that is needed the number of votes that are needed to actually succeeded impeaching him and ray tell us more about all these demonstrations that have been going on so far there hasnt been any on rest could that change. I think the political temperature has a different the rising thats one thing that weve seen today with the strong statements that came out from veterans we had a Press Conference earlier this morning in harare just indicating strongly that president obama got his time is up holding protests and marches to take place
tomorrow even marches that see people going to mention which is his private residence and hes all of the University Students this morning as well you know refusing to seat for examinations and saying that they will not seat for examinations until president was governor steps down in. The recall of the degree i wanted to use wife i was so look at him as a rising and its. Following quite closely Journalist Ray and local for us in harare ray thank you so much for that update thank you very much now to some other stories making headlines around the world Kenyas Supreme Court has upheld the result of the countrys repeat president ial election the Court Dismissed an Opposition Petition claiming the vote was not conducted according to the law president To Whittle Kenyatta won the rerun vote in october with ninety eight percent of the vote the opposition boycotted the poll. At least fifteen people have been killed in a stampede with the moroccan city of s. We were reportedly while food aid was being distributed in a market Media Reports say all the victims were Women Food Aid Campaigns are common in remote poor areas of morocco Charles Manson the us cult leader behind a Killing Spree in one Nine Hundred Sixty s. California has died at the age of eighty three manson died of Natural Causes in a california prison he had been serving multiple Life Sentences for orchestrating the murder of actress sharon tate and six others in One Thousand Nine Hundred Sixty nine. Youre watching news still to come what now for Hundreds Of Thousands of Royal Hanjour Refugees who have fled the violence in the unmarked visiting Foreign Minister see for themselves they despair and Refugee Camps in bangladesh. But first European Countries are vying for a brags that