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Pay a price for its actions in ukraine. That comes as u. S. President obama blames moscow for the crisis. Welcome to countdown. Get to our top story this morning. Our exclusive interview with the german finance minister wolfgang schauble. European central bank has run out of ways to help the eurozone. With bloomberg at the Business Leaders conference. Is sayingrio draghi again and again is what is needed is reform. It is not for the ecb to implement. There is a government. We agreed. Monetary policy can only buy time. Problems asderlying a matter of fiscal policy in this globalized economy. We have the competitiveness. If you look at whats going on , its veryal economy important that we all know in to do this we have again and again to enhance competitiveness. If we are complacent even in continueif we do not to enhance our competitiveness, we will lose. Should the ecb do more to fight inflation . I do not think they have the in ....
Welcome. You are watching the pulse. We are live from bloombergs European Headquarters in london. Lets get straight into our top stories. Telefonica raising the stakes. The company has lifted its bid for vivendis gvt units. That counters an offer from Telecom Italia. This is getting very incestuous. It is a battle for one of brazils fastestgrowing broad brand providers. Caroline hyde is here to answer our questions. Why is it so important . It is all about brazil. It is the Fastest Growing in brazil. It is a young, growing community in brazil who all want access to the internet. You want data, videos, facebook. This is a tantalizing asset owned by vivendi. They want to clock into that expansion. Both telefonica and Telecom Italia already have friends. They w ....
Welcome to countdown. It is just 6 00 here in london. Hong kong police are using to takedownnd makeshift barricades. It comes off to the hong kong ceo warned he was losing patience with the demonstrators. We are joined live a from the protest site. Give us the latest. As you can see behind me, traffic is flowing in both directions. This is something we have not seen for 17 days since the protests started. The protesters had blocked off of this road. This is one of the main thoroughfares leaving in and out of the financial district. About three hours ago, the police came in. Bambootesters erected barricades to reinforce steel ones. The police had to move some of those barriers as protesters spent most of yesterday reinforcing the ones they had. Police took them down pretty quickly. Right now, the road opened up maybe 10 minutes ago. The truck is picking up garbage all along the road. There are still hundreds of suree here trying to make that protesters do not come back onto the road to ....
Well, i think where we can, were celebrating turn in all honesty. Yes, it might be that next month in phase wants to continue to come down. Whys that . Because Energy Prices have come down as the price come down at the same time, we still see that way you saw rising in the us. The labor market is strong, so i think were celebrating to early, even if its late. My continue for a couple of months to come down or is thats the view in the us. What about here in europe . Does this reading in the us . Does that tell us anything about what we can expect here in europe . Well, no, no, not really well. It shows us that when Global GlobalEnergy Prices come down, we should also benefit from it in the euro. But dont forget, global Energy Prices are in boston, us dollars, and we hav ....
Well, i think where we can, were celebrating turn in all honesty. Yes, it might be that next month in face was to continue to come down. Whys that . Because Energy Prices have come down as the price that comes out at the same time. We still see that way you saw rising in the us. The labor market is strong, so i think were celebrating to early, even if an inflation might continue for a couple of months to come down. Or is that the view in the us . What about here in europe . Does this reading in the us . Does that tell us anything about what we can expect here in europe . Well no, no, not really well. It shows us that when. Ready Global GlobalEnergy Prices come down, we should also benefit from it in europe, but dont forget, global Energy Prices are in boston, us dollar ....