. >> within our mandate, the ecb is ready to do whatever it takes to preserve the euro, and believe me, it will be enough. >> and so ultimately after six weeks of deliberations, they launch the nuclear deterrent that is the threat to buy -- to buy peripheral bonds in europe at the short end and, of course, that has really allowed all world markets to put the eurozone to one side as an immediate systemic risk. the fallout for assets has been phenomenal. people on wall street, people around the world have made a huge amount of money as it pushed those long-term rates in, say, spain and italy, which we were so worried about 12 months ago down to a manageable level. the immediate gains were on the french banks. remember when we used to talk about the french banks and their holding of peripheral eurozone

doing so could save them more than 5 billion euros.

ultimately what's -- what's at stake here is an 8.1 billion euro sum of money. 4.8 billion euros to come from the eu. 1.8 billion to come from the imf. ultimately they're expected to get this money, though it will come through in two separate

routed yes absolutely every one million euro even with all of these government giveaways you can't have a government over ways now being solved you know i'm talking about in france i'm talking about talking about it but there you're saying the prostitutes you. had to spend a lot more time working on its social safety net than the residents back to the united states if you do conservatives who want to maintain these high levels of poverty just so they can blame obama don't want to maintain the high level that we want growth we want to operate you know why you want it why do you want to cut food stamps you've got you want to cut coumadin imo we have grown more people on food stamps now in any point the history of this country is we had bad allowed her to george w. bush with the book because of permissibility what do you want do you want a lesser god you know a lot less people on food stamps you only have i would like less people in poverty and fewer people in food storage is absolutely no way to do it is to rip. thirty eight now going on this absolutely they're saying fewer rather than le

that makes one point two million euro. in colombia gold is highly coveted by the criminal organizations. so in order to avoid an ambush the time and day of the transfer or decided at the last minute made my escape the this is the most critical moment and on this side and the gold leaves the factory it up got to be transported to the city of midday in. the in goods or carried away at a run. the soldiers mark alpha course. the operation is completed in four minutes. the precious cargo takes off towards midday the regional capital from where the gold will be exported. this a go via gold mines are the oldest ones in south america they were own for a long time by an english company frontino gold mines but in two thousand and ten and drawn colombia gold bought the entire concession. thanks to different you know mines the canada based multinational has become colombia's leading gold producer in two thousand and eleven. two and a half tons of yellow metal came out of these furnaces the checks are very strict everyone has body sear

that makes one point two million euro. in cologne.

some gains on the euro stoxx 50, the -- though. across the atlantic, trading still underway in new york. the dow jones, currently .4% higher, and the euro currently above $1.33. >> there are more signs the euro zone economy could be on the road to recovery. figures released today show the first drop in unemployment and over two years, but the fall was very slight, and one eu official said the read of over 12% remains horrendous. >> figures were not helped by the block's biggest economy, germany, where the unemployment rate crept up slightly, but a 6.8%, it does remain well below the euro zone average. and growth figures are in from the u.s., where the economy expanded at an annual rate of 1.7% in the second quarter, up from 1.1% in previous months. the numbers beat analyst expectations. >> consumer spending accounted for two thirds of the economy. although growth there has been slowing down. growth was also on the rise. compared to 180,000 in the six months prior. one of the towering figures of post-german war industry has died. he

do you think the euro itself is a threat to the euro recovery? >> it's grinding higher almost since february now. this is a problem. over time that's going to be a dent into growth and it's going to put the eurozone further into the deflash naer territory. there is a problem. are they going to do something about it tomorrow? that's a little too early. they need more time to convince the whole council to do something more aggressive. >> thank you for coming by. the debate about who will replace bernanke continues to heat up. david rosen berg out with a growing endorsement of janet yellen and karen finerman out with what she thinks it should be. that would be? >> larry summers. i think it would be a better choice. full disclosure. i know larry. he's a friend of ours. personally i like him but that's not the issue. i think he's had more real world experience around the world, not just in the u.s. in 1994 we had the mexican peso crises. he was right there for that, undersecretary at the time. he was there in 2008 was a central -- >> i share your posi

bill seeks to deny the iranian regime hard currency by enhancing efforts to cut of a iran's access to euros. finally, the legislation imposes new sanctions against iranian shipping imports and expands existing sanctions against iranian human rights violators. some of my colleagues say we should delay sanctions until the new president takes office. i respectfully disagree. i know they share the goal of preventing a nuclear capable iran but i believe we should take a different approach. our efforts to impose new sanctions should not be based on the iranian political calendar. the paramount consideration should be the iranian nuclear clock, the amount of time it will take iran to achieve a nuclear weapon's capability. i have no reason to believe that the results of the recent iranian election will fundamentally alter iran's current course. the unelected supreme leader, the ayatollah, remains the one true decision maker. and the president-elect rohani who was deceiving the international community when he served as iran's chief nuclear negotiator made clear during the campaign that he supports i

if the euro is truly the future if this transition is going to happen how is it going to to occur or does it require hyperinflation of the u.s. dollar what are the dynamics involved in the us it doesn't require hyperinflation it's just a very lightly out of the probable out of the dollar it's had a couple of near death experiences already you have the collapse of. you have the shock occurred. in the trim of that occurred in the wake of what is that and i. what happened in the late one nine hundred ninety s. with the gold market. basically i mean i think the hyperinflation of the dollar is highly likely and really gold doesn't have to the liberation of that were gold from paper to rivet is does not have to happen with the hyperinflation it's just of a much more likely outcome well let's all or i'm sorry go ahead. yet the dollar has basically had no political support since the fall of the bretton woods if this had waning structural support which is. countries and to buying a u.s. government debt all the support for the the u.s. government debt has been waning years now hugh we like you

the euro moving high every against the dollar. u.k. pound though losing a little built of ground to the u.s. dollar. we'll be right back. [ male announcer ] meet mary. she loves to shop online th her debit card. and so does bill, an identity thief who stole mary's identity, took over her bank accounts, and stole her hard-earned money. unfortunately, millions of americans just like you learn all it may take is a little misplaced information to wreak havoc on your life. this is identity theft. and no one helps stop it better than lifelock. lifelock has the most comprehensive identity theft protection available. if mary had lifelock's bank account alerts, she may have been notified in time to help stop it. lifelock's member notification service is on the job 24/7. when you receive a text, e-mail, or phone alert, you can respond instantly if you suspect fraud to help stop identity theft before the damage is done. lifelock has the most comprehensive identity theft protection available, guarding your social security number, your money, your

force of mother nature as a freak turn into rips through the land promise resulting in millions of euros worth of damage the full video is online. and meet the man who flies beside planes and has a want to custom made jet power and watch that video and others on our website r t dot com. now the u.s. secretary of state john kerry is set to visit pakistan this week but the meeting with the country's new government is shrouded in uncertainty one main issue is the cia drone strikes that continue to be carried out on pakistani soil while some have claimed that rather than destroying militant groups the a man attacks actually the extremist ranks earlier my colleague kevin owen spoke to us foreign policy analyst for bronfman about kerry's visit and how drone politics are affecting the region. key him so just two years ago when he was the head of the senate foreign relations committee it correctly said that afghanistan is the sideshow into the main event which is pakistan so he understands the importance of having good relations with pakistan and the first step to doing that is to end the drone

full force of mother nature as a freak her name rips through melanne province resulting in millions of euros worth of damage the full video is online. and made the man who fly beside planes and he is an old custom made jet power and watch that video and others on our website r.t. dot com. right to see. first street view and i think the trip. on our reporters were very. instrumental. in. the u.s. secretary of state john kerry said to visit pakistan this week by the meeting with the country's new government is shrouded in uncertainty one main issue is the cia drone strikes that continue to be carried out on pakistani soil now some have claimed that rather than destroying militant groups the unmanned attacks actually feed the extremist ranks earlier my colleague kevin irwin spoke to us foreign policy analyst for brown from and about kerry's visit and how drone politics are affecting the region. key him so just two years ago when he was the head of the senate foreign relations committee correctly the afghanistan is a sideshow in the main of which is pakistan so he understands the importance of h

force of mother nature as a creature nato rips through a province in the long resulting in millions of euros worth of damage video online also there. you can meet the man. its planes and his own custom made jet packs that video and more are to dot com. first. and i think you're. going to. be. the u.s. secretary of state john kerry is set to visit pakistan this week but the meeting with the new countries country's new government is shrouded in uncertainty now one of the main issues is the cia drone strikes that continue to be carried out on pakistani soil now some have claimed that rather than destroying militant groups the unmanned attacks actually feed the extremists ranks earlier my colleague kevin owen spoke to us foreign policy analyst fred brand for men about how kerry is a visit and drone politics are affecting the region. he himself just two years ago when he was the head of the senate foreign relations committee it correctly said that afghanistan is a sideshow into the main event which is pakistan so he understands the importance of having good relations with pakistan and the first s

this year from 3 billion euro last year. so that's good news. for the next year, the company is expecting very significant cash reduction and also there was a positive announcement yesterday evening, the european commission approved the support from the french states. it gave its dreamline for the french state to provide a financial guarantee for the financial need of peugeot. so all and all, better target for the negative cash flow and financial support from the state, that's the reason why the stock is where it is today. >> we'll be talking more about peugeot during the course of the program. let's talk about diageo, stock down a percent, but new strength in u.s. allowing the spread group to allow 5% in net sales for the fiscal full yoear and increase dividend. double digit growth in the emerging market may be hard to maintain. >> the emerging markets are going to be a rocky road. just in the results we have declared, brazil has been tough, nigeria is tough, china and india slowed down. however, we have still been able to

the full force of mother nature as a nail rips through a fence in the lawn resulting in millions of euros worth of damage and watch the full video online also there for you. the man who flies besides planes on his own custom made jet packs i want one of those you can watch that video and others are. seeing. first. and i think. there's going to. be in. the u.s. secretary of state john kerry is set to visit pakistan this week but the meeting with the country's new government is shrouded in uncertainty one main issue is the cia drone strikes that continue to be carried out on pakistani soil now some have claims that rather than destroying militant groups the unmanned attacks actually feed extremists ranks well earlier my colleague kevin owen had spoken to us foreign policy and pardon me fred brown men about kerry's visit and how the drone politics are affecting their region. key himself just two years ago when he was the head of the senate foreign relations committee correctly that afghanistan is a sideshow into the main event which is pakistan so he understands the importance of having good

banking system europe's smallest banks have been doing pretty well with no ambition of multi-million euro deals they're sometimes run by just one member of staff parties peter all over had traveled to a small german village to meet one such banker. it's not all big city banks with bailouts bonuses and big shots in rural germany this small town has all its financial needs taken care of by just one man constantly and wants a new war here we only concentrate on people from gams failed if you lived away sorry you can't be a customer in fact the furthest away one of our customers lives is about seven hundred meters. with only nine hundred customers peter believes he can offer something that big banks can't. and he has to personally people get a personal service here i know everyone who comes in of course i do or they're my neighbors this means there is a big trust the aren't just a number or part of a money making machine and when our t. stopped by at this one month bank we found that the man in charge wasn't alone the regulators were going through the books like they do in every other europea

faces the full force of mother nature tornado rips through the long haul that's causing millions of euros worth of damage more footage that you're seeing right now available on our web site also. a man who flies besides planes in his own custom made jet pack. in motion section darted out calling for more videos. and i think you're. going to. the u.s. secretary of state john kerry is set to visit pakistan this week but that meeting of what the country's new government is shrouded in uncertainty with pakistani officials condemning the cia drone strikes that continue to be carried out on their soil now some have claimed that rather than destroying the militant groups the unmanned attacks actually feed the extremists ranks well earlier my colleagues haven't spoke to us foreign policy analyst friend brand friend about kerry's visit and how drone politics are affecting the region. he himself just two years ago when he was the head of the senate foreign relations committee it correctly said that afghanistan is a sideshow and of the main event which is pakistan so he understands the importance of

banking system europe's smallest banks have been doing pretty well with no ambition of multi-million euro deals they're sometimes run by just one member of staff parties peter all over travel to a small german village to meet one such banker. it's not all big city banks with bailouts but mrs and big shots in rural germany this small town has all its financial needs taken care of by just one man. here we can only concentrate on people from failed if you live ten kilometers away sorry you can't be a customer in fact heard this the way one of our customers lives is about seven hundred meters. with only nine hundred customers peter believes he can offer something that big banks can't. and he has to personally people get a personal service here and i know everyone who comes in of course i do they're my neighbors this means there is a big trust they or it's just a number or part of a money making machine. when i stopped by at this one bank we found that the man in charge wasn't alone the regulators were going through the books like they do in every other european bank and. once a year someone c

banking system europe's smallest banks have been doing pretty well with no ambition of multi-million euro deals they are sometimes run by just one member of staff parties peter all over travel to a small german village to meet one such banger. it's not all big citibank's with bailouts but when it says in big shots in rural germany this small town has all its financial needs taken care of by just one man. here we can only concentrate on people from failed if you live ten kilometers away sorry you can't be a customer in fact the furthest away one of our customers lives is about seven hundred meters. with only nine hundred customers pizza believes he can offer something that big banks can't. hear us. people get a personal service here and i know everyone who comes in of course i do they're my neighbors this means there is a big trust i know it's just a number part of a money making machine. when our t. stop by at this bank we found that the man in charge wasn't alone the regulators were going through the books like they do in every other european bank and. once a year someone comes for four

they have set aside 630 million euros for the cost. profits from investment banking rose almost 60%. profits from private and corporate banking was 500 million. restructuring will create expenses. and where assets have been expanding the losses. the latest figures show they have 33 times more money than in equity. >> investors did not think much of the new report. >> investors were caught on the wrong foot totally. people here had hoped for a better profit picture. when is a series of expensive legal conflict actually over? there is a better mood for the german consumer, the index climbed. there is a stable economy, a stable labor market. and interest rates are low and adds to the decisions to buy more expensive product. they also helped the overall equity market in germany today. >> the dax closed very slightly higher. the dow is still trading, almost exactly flat. >> a funeral mass has been hailed for -- held for victims of the bus crash. >> most of the dead were locals. they attended the service and because of the accident is still

euro/yen at the bottom of the screen is at 129.95-99. and we have more earnings reports from companies like japan airlines, toshiba and honda later today and we'll keep track of that. for now, a pretty negative stock for the trading session today. back to you, ai. >> thanks for the update from the tokyo stock exchange. as you know, investors are waiting for two announcements from the u.s., gdp and the federal reserve's decision on monetary policy. now, david stockton is a former director at the fed and senior fellow at the peterson institute of international economics. we asked him for his views. >> first of all, i would like to ask you about the outlook of the gdp coming up. what is your prospect? >> i think we're likely to see a weak second quarter figure, somewhere probably at 1% or below at an annualized rate. and that comes on the heels of 1.5% in the first so the economy in the first half has certainly underperformed its potential. >> reporter: what do we expect from the next monetary meeting coming up on the same day. do you think

they have set aside 630 million euros for the cost. profits from investment banking rose almost 60%. profits from private and corporate banking was 500 million. restructuring will create expenses. and where assets have been expanding the losses. the latest figures show they have 33 times more money than in equity. >> investors did not think much of the new report. >> investors were caught on the wrong foot totally. people here had hoped for a better profit picture. when is a series of expensive legal conflict actually over? there is a better mood for the german consumer, the index climbed. there is a stable economy, a stable labor market. and interest rates are low and adds to the decisions to buy more expensive product. they also helped the overall equity market in germany today. >> the dax closed very slightly higher. the dow is still trading, almost exactly flat. >> a funeral mass has been hailed for -- held for victims of the bus crash. >> most of the dead were locals. they attended the service and because of the accident is still

what's interesting about steve's survey is that that's about consistent with what the euro dollar futures is telling you. second half of 2015 you get your first rate hike but everybody is expecting that the taper is going to take until june of 2014. they talked about ending qe by the end of 2013. if they do that that's a pretty steep taper. i think that's what we need to watch for tomorrow. any type of surprise like that will shock the market. >> karen what do you think we're going to get tomorrow? >> i sort of agree with beaks but the thing that i'm curious about, since bernanke put out there we will taper, the market is actually higher. that was a little count intuitive because people talk about the fed punch bowl going away. if it's already priced into the market, i'm sort of confused whether the fed tapering is a good thing or a bad thing. >> it depends if it's for the right reason. >> it means the economy is getting better. >> absolutely i think it will be for the right thing. to try to second guess it's too hard for me. i'm not going to really focus on it. it's of interest to me but

and let's not forget, also, the unemployment in the euro zoning a gait, at a historic high, looking for 12.2% again. >> all right. we'll leave it there. thanks, everybody. really appreciate it. we're going to talk right now with mark hurd, or arcle, one of the largest enterprise companies, in one of the most surprising moves in the company's history, partnering with some of the fiercest competitors. who could have imagined oracle reaching with microsoft and netsuite. mark hurd is the man behind the vision. he joins me now. good to see you, mark. >> thanks for having me. >> fresh from ringing the closing bell here at the nyse. i would not have expected that. why the move from nasdaq to new york in. >> we were excited about what's going on with the exchange. we think they're doing a lot of cool stuff. exciting day for us. >> yeah. is it a marketing -- will you get better marketing here? i mean, what's the -- why the reason new york over nasdaq? >> we just thought that things they were doing here at the exchange were exciting, a good thing for the shareholders and just glad to be a part of

they're looking to continue at this record level of 12.2%, and that's the aggregate number for the euro zone. >> what about his point, maybe it is smart money sitting on the sidelines earning nothing, but at least it won't lose anything. >> the worst asset class the last ten years has been? cash. 1.7% annualized return. so in the short term, cash seems like the easy solution. for a lot of our client, they're trying to retire one day. the biggest fear should be they're going to outlive their money, not necessarily they're going to miss out or they're going to, you know, save some money by being on cash. >> and most people are not prepared at all for retirement, and when you need that money. brian, what do you want to be exposed to here? how do you allocate capital? >> first of all, you want to be vested -- for us, we like smoother ride. so we're mostly u.s. in fact, in our history -- this is the most we've been all u.s., only because we can see it better. i can't see the emerging markets. i got gurus that are taking one side and as vehemently others take the other side. unclear. s&p is 4

obama administration has charged eight whistleblowers under the espionage act there is a wall or one euro law which can actually carry the death penalty so whistleblowers risk their lives not just figurative lease speaking but quite literally. danny thanks for the let's just make it clear to our viewers before you disappear as we're live reporting from inside the courtroom those not allowed is it but we're hoping to be able to turn around as soon as we know what the verdict is we're hoping he will turn that around in a matter of minutes or so that correct as you hear it as well. yes absolutely the judge is supposed to hand down verdict at one pm as it was announced yesterday but the sentencing it will take take a while maybe days before for us to hear the sentence that comes tomorrow doesn't know what the bread in the thing is of the verdicts were expected within the hour on live from washington d.c. thanks for that for now much appreciated nice to see all right well let's look at the timeline manning league some seven hundred thousand diplomatic and military documents to the whistleblowe

the euro versus the dollar started to weaken up long after the pound which was much weaker so that was the first issue. then we saw the dollar versus the yen. the dollar started to gain steam so the foreign exchange markets and specifically the dollar started to improve much earlier than when rates started to move higher. what's the moral of this story? i think on a week where the ecb and fed are meeting, the notion of who is in better shape relatively speaking will find some real religion in the foreign exchange markets. tyler, back to you. >> all right, rick, thank you very much. president obama gearing up for a major speech on the economy. in about 30 minutes time he's expected to offer republicans a grand bargain for middle class jobs involving corporate tax cuts. we will speak with one of the president's top economic advisers about whether this new offer will work or not. that and more when we return on "power lunch" at 1:33 eastern. if you're serious about taking your trading to a higher level, tdd#: 1-800-345-2550 then schwab is the place to trade. tdd#: 1-800-345-2550 call 1-88

say it's completely revitalized it's a win win situation great business for costco and millions of euro in tax revenues for greece in fact things have been going so well athens is now considering leasing the second half of the board beijing is once again interested to turn it into the number one seed in the mediterranean from here chinese products are put on trains and then distributed throughout the e.u. there are no prizes for guessing who wants to snap up the greek railways as well but this chinese takeaway doesn't end all the infrastructure greek food products or virgin all of all to be exact are stirring up an appetite in china last year the country became reeses number four export market and officials here say they used to think was a long term priority announced top of the list so as the. various measures and demands a new job in the reduction of salaries china is storming in on a white horse bringing big business is considering covering some of this is that which is great news. for the greek economy and given that many other southern e.u. countries are also in dire straits china

say it's completely revitalized it's a win win situation great business for costco and millions of euro in tax revenues for greece in fact things have been going so well athens is now considering leasing the second half of the port beijing is once again interested to turn it into the number one seed in the mediterranean from here chinese products are put on trains and then distributed throughout the e.u. so there are no prizes for guessing who wants to snap up the greek railways as well but this chinese takeaway doesn't end all the infrastructure greek food products or virgin all of all to be exact are stirring up an appetite in china last year the country became greece's number four export market and officials here say they used to think was a long term priority and now it's top of the list so as the troika slams greece with various austerity measures and demands a new job cuts and the reduction of salaries china is storming in on the white children for springing big business said it's considering covering some of the debt which is great news and a great opportunity for the greek econo

say it's completely revitalized it's a win win situation great business for costco and millions of euro in tax revenues for greece in fact things have been going so well athens is now considering leasing the second half of the port beijing is once again interested pledging to turn it into the number one seed in the mediterranean from here chinese products are put on trains and then distributed throughout the e.u. so there are no prizes for guessing who wants to snap up the greek railways as well but this chinese takeaway doesn't end all the infrastructure greek food products or virgin all of wall to be exact are stirring up an appetite in china last year the country became reeses number four export market and officials here say they used to think was a long term priority announce top of the list so as the troika slams greece with various austerity measures and demands a new job cuts and the reduction of salaries china is storming in on a white children for springing big business said it's considering covering some of the debt which is great news and a great opportunity for the greek eco

you have euro colley pulling out. it's like saudi arabia pulling out of opec. other conditions control other parts of the world market. it's like iron ore. a few big companies control most of the iron ore in the world. they're all trading down today primarily because commodities are still in a rout. look at the big commodities today, nickel, aluminum, copper, base metals all down again today. near multimonth lows, all of them. this is largely on concerns about slow growth in china and the dollar a little stronger today. that generally doesn't hurt. you get the point about what's going on in the global commodities markets. elsewhere in the united states, auto parts are up today. i think this is largely because goodyear had an excellent earnings report. goodyear is up, trw is up. and dana holdings also strong today. i think it's not too strong to call this a cartel, and i hope there's a lot of people looking into the nature of some of these commodity organizations around the world. guys, back to you. >> they certainly have to after this one. thank you very much,

say it's completely revitalized it's a win win situation great business for costco and millions of euro in tax revenues for greece in fact things have been going so well athens is now considering leasing the second half of the port beijing is once again interested pledging to turn it into the number one seed in the mediterranean from here chinese products are put on trains and then distributed throughout the e.u. so there are no prizes for guessing who wants to snap up the greek railways as well but this chinese takeaway doesn't end all the infrastructure greek food products or virgin all of wall to be exact are stirring up an appetite in china last year the country became reeses number four export market and officials here say they used to think was a long term priority and now it's top of the list so as the troika slams greece with various austerity measures and demands a new job cuts and the reduction of salaries china is storming in on the white children for springing big business said it's considering covering some of that which is great news and a great opportunity for the greek e

say it's completely revitalized it's a win win situation great business for costco and millions of euro in tax revenues for greece in fact things have been going so well athens is now considering leasing the second half of the board beijing is once again interested to turn it into the number one seed in the mediterranean from here chinese products are put on trains and then distributed throughout the e.u. so there are no prizes for guessing who wants to snap up the greek railways as well but this chinese takeaway doesn't end all the infrastructure greek food products or virgin all of all to be exact or storing up an appetite in china last year the country became reeses number four export market and officials here say they used to think was a long term priority and now it's top of the list so as the troika slams greece with various measures and demands a new job cuts and the reduction of salaries china is storming in on the white children for springing big business said it's considering covering some of the debt which is great news and a great opportunity for the greek economy and given

say it's completely revitalized it's a win win situation great business for costco and millions of euro in tax revenues for greece in fact things have been going so well athens is now considering leasing the second half of the board beijing is once again interested pledging to turn it into the number one seat in the mediterranean from here chinese products are put on trains and then distributed throughout the e.u. so there are no prizes for guessing who wants to snap up the greek railways as well but this chinese takeaway doesn't end all the infrastructure greek food products or virgin all of wall to be exact are stirring up an appetite in china last year the country became greece's number four export market and officials here say they used to think it was a long term priority and now it's top of the list so as the troika slams greece with various authority measures and demands a new job cuts and the reduction of salaries china is storming in on a white children force bringing in big business is considering covering some of the debt which is great news and a great opportunity for the gr

the dollar this morning is, well, at this point, it is down against the euro. 1.3264. gold prices right now are down about $7, $1,321.40. >> did any of them have organized crime ties? >> the housewives of new jersey? >> no? >> not that i'm aware of. >> aren't you a housewife of new jersey? >> i am. >> are you in new york? >> that's coming. that's actually coming. >> housewives of westchester? >> yes. i didn't make the cut, i guess, but, yes, it is. >> wow. >> they're everywhere. >> great shows. >> atlanta, yeah. all over the place. >> fantastic. >> orange county. >> there is someone in my household that -- >> watches them? >> yes, is there an orange county one still? >> i don't know if there still is, but -- >> there was -- i saw last night someone was reporting -- there were two of them back to back and i think they were -- >> it's you. >> there is someone -- it is a friend. a friend that shall remain nameless, someone i know. >> let's get a check on the global markets now. karen tso is standing by in london. good morning. >> good morning, becky. we're battling a few

>> for five euros. cass thankfully doesn't like to go into all the really big, big -- those little bazaars and stuff. but i found a lipstick that i love. dolce and gabanna lip -- this is the lipstick. honey. and then here is the -- >> the gloss. >> the gloss. it's just like the perfect combination. yes, yes, yes. >> here's mine real quick. this is a pillow. and they said -- sometimes you see a pillow and go that's a great quote. it should be on a pillow. they have a company that does that. they sent us this one. i'd rather be in poughkeepsie. anyway -- you can go to pillow.com and you can get anything you want on your pillow for 65 bucks. >> someone sent that to you, hodie. >> yep. they sent it to us. >> i think you have one too. it's in my office. >> my favorite thing is my nephew austin. he's my favorite person in the whole world. but it's his first trip to new york city. he kind of made me appreciate it in a new way. we were at the yankees game, too. >> saturday or sunday? >> saturday. >> we were, to

it is unfair to us and to the portuguese tax payers here. >> a german retiree on a pension of 2000 euros could save 20% thanks to the new law. at this early stage, however, the exact dividends for their host country are not clear. our new -- our new elderly immigrants now profiteers? they can invest here allegedly risk free and have the option of going home if the going gets tough. >> it is good if german pensioners come here. portugal is a great place to live. why shouldn't other people be able to enjoy it, too? >> we have to stick together in times of crisis. the only way is together. >> he had to work things out down to the last penny, but the offer is likely to pay off for people like him. good news, too, for his granddaughter. >> that report wraps up this edition of "european journal." thanks for watching. auf wiedersehen and bye for now. captioned by the national captioning institute --www.ncicap.org-- 

say it's completely revitalized it's a win win situation great business for costco and millions of euro in tax revenues for greece in fact things have been going so well athens is now considering leasing the second half of the port beijing is once again interested pledging to turn it into the number one seed in the mediterranean from here chinese products are put on trains and then distributed throughout the e.u. so there are no prizes for guessing who wants to snap up the greek railways as well but this chinese takeaway doesn't end all the infrastructure greek food products or virgin all of all to be exact are stirring up an appetite in china last year the country became greece's number four export market and officials here say they used to think was a long term priority and now it's top of the list so as the troika slams greece with various austerity measures and demands a new job cuts and the reduction of salaries china is storming in on a white children for springing big business beijing instead is considering covering some of that which is great news and a great opportunity for the

this is 2 billion euros to 3 billion euros in june, 2018, bonds that come up for auction. also, longer term paper, 3.75 billion, this is ten-year paper on office. the market looking out for that. this is how it placed on the rest of the markets. bonds, yield of 1.66%. portugal yields tracking close to the 6.5% mark, still treasuries a fraction of 2.6 own & own and on gilts, 2.31. investor watching debt markets and on we can its and forex. let's just dive in and see what some of the trades look like. we have a little dollar strength now on some of the baskets. euro dollar the exception, still seeing strength on the euro, 132.73 currently on the charts. the dollar/yen rates, 98, inching back to the 100 level. australian dollar, very much on the back foot today. we have seen steep fall, 1.5% here. this was after the central bank governor said there was more room for the currency to fall and also the interest rate cuts. and this comes up to a key central bank meeting next week. some of the market anticipating this as a sign that interest rates will mark lower. sterling/dollar

say it's completely revitalized it's a win win situation great business for costco and millions of euro in tax revenues for greece in fact things have been going so well athens is now considering leasing the second half of the port beijing is once again interested pledging to turn it into the number one seed in the mediterranean from here chinese products are put on trains and then distributed throughout the e.u. so there are no prizes for guessing who wants to snap up the greek railways as well but this chinese takeaway doesn't end all the infrastructure greek food products or virgin all of wall to be exact are stirring up an appetite in china last year the country became greece's number four export market and officials here say they used to think was a long term priority announce top of the list so as the troika slams greece with various austerity measures and demands a new job cuts and the reduction of salaries china is storming in on the white children for springing big business even said it's considering covering some of the debt which is great news and a great opportunity for the

say it's completely revitalized it's a win win situation great business for costco and millions of euro in tax revenues for greece in fact things have been going so well athens is now considering leasing the second half of the port beijing is once again interested to turn it into the number one seed in the mediterranean from here chinese products are put on trains and then distributed throughout the e.u. so there are no prizes for guessing who wants to snap up the greek railways as well but this chinese takeaway doesn't end all the infrastructure greek food products or virgin all of wall to be exact are stirring up an appetite in china last year the country became greece's number four export market and officials here say they used to think was a long term priority and now it's top of the list so as the troika slams greece with various authority measures and demands a new job cards and the reduction of salaries china is storming in on the white children for springing big business said it's considering covering some of the debt which is great news and a great opportunity for the greek eco

had euro but it was really say they closed the road because they were afraid somebody would smuggle bombs i asked them how we were supposed to get to our house and they said you can buy a donkey so i told them people are flown to the moon and you want me to buy a donkey or you go home by car. palestinians in hebron are no strangers to vote blocks here in hebron the streets are a maze if you're palestinian there are some streets palestinians can't use at all others they can walk on but not drive and still others they can access only with a permit it's to make sure the seven hundred israelis who live among two hundred thousand palestinians in hebron can move around safely although here brown is the second oldest and largest palestinian city it's also the second most holy site to jews after the western wall corrosive frustration in the land of israel this is the very roots not only of judaism but of monotheism. just down the road as the second holiest site of the jewish people in all the world and only since we've come back everybody who wants access to the horse are. able to go and worship

of athens this is what six years of recession twenty seven percent of unemployment and billions of euro in debt look like this important very will be the perfect reflection of the greek economy and since its creditors or the troika demand that greece of reserves nearly seventy billion dollars by the year twenty twenty two it has to sell off its state assets and here is where the chinese come in beijing is only planning to purchase this whole abandoned facility but is also looking at leasing the current working international airport it's also attracted other countries like russia and the u.s. but there is a great chance that that deal me also will go to china back in two thousand and nine china's costco's the shipping company you least half of greece's largest happens for thirty five years and local authorities say it's completely revitalized it's a win win situation great business for costco and millions of euro in tax revenues for greece in fact things have been going so well athens is now considering leasing the second half of the port beijing is once again interested pledging to turn

currently, gdp growth tom a euro of the year, is barely two percent. that is basically what we call trend growth. we do not have second-quarter yet. the forecast coming in around one percent. qwest revenues came in higher than expected there it it was not a policy. qwest that is the second when i wanted to disagree with. that istrously, and not a function of a faster growing economy. i grant you it is part of it. it would be good to know how much. in my first comment, i talked about $2.8 trillion in deficit savings. the tax increase deal they were talking about. the fiscal cliff. holiday, the expiration of the payroll tax. we have engaged in significant economic policy to bring the budget down. economic growth is part of it. it has been deeply subpar. to say, i'm ok with the demos and reduction we have as of because the economy is ok seems to be really missing a lot of the pain going on out there. >> on the one point that was that if our debt to gdp ratio grows out of flat, that would have a big challenge for economic growth. , but let'sgree assume tha

had euro but it was really say they closed the road because they were afraid somebody would smuggle bombs i asked them how we were supposed to get to our house and they said you can buy a donkey so i told them people are flown to the moon and you want me to buy a donkey or you go home by car. palestinians in hebron are no strangers to roadblocks here in hebron the streets are a maze if you're palestinian there are some streets palestinians can't use at all others they can walk on but not drive and still others they can access only with a permit it's to make sure the seven hundred israelis who live among two hundred thousand palestinians in hebron can move around safely although his brand is the second oldest and largest palestinian city it's also the second most holy site to jews after the western wall for it's a first person in the land of israel this is the very roots not only of judaism but of monotheism. just down the road it's the second holiest site of the jewish people in all the world and only since we've come back this everybody who wants access to that holy sorry. if able to go

unemployment problem has nothing to do with reaganomics spain's problem has to do with buying into the euro not having control over their own currency we control our own credit and it has nothing to do with their own system with their welfare state with their taxes a little know it all has you know i don't i don't fault with if you want to pick a european example works tried norway denmark sweden finland any other countries that still control their own growth about they're doing just fine thank you very much oh you blame all of europe's woes on the year oh not only most of you know is not on their own it's not in a mobile social where welfare program absolutely absolutely but that's a disagreement that people not every day ok paralysed. by. many on the left are. on the one. the obama's back to the phones all but mr miller it works always like. for tonight's politically correct that i'm taking on congressman steve king in a recent interview with newsmax king made some pretty outrageous claims about undocumented immigrants in america check it out. we have to do something about the eleven mill

around 5000 fans filled up to cheer their soccer euros. the team spent the night celebrating their victory in sweden, but no one showed signs of tiredness in front of their followers. coach sylvia has complement to their players on the win. >> beginning with the finals, our team really pulled together. we grew closer and play with a lot of courage and passion. we had a great team spirit and held each other. >> in the hard-fought final, it was the substitute who had just been brought on who scored the match winner. the germans worked hard to defend their lead. the team's experienced player warded off two penalty kicks. >> somehow, i think we had a higher power on our side against norway because i do not think there has ever been a vital with a winner block to penalties. we are overjoyed. >> with an average age of just over 23 years, this young team could have a lot more to celebrate in the future. >> that is all we have time for. >> stay with us here. we will have some more news for you in about 33 minutes time. see you later. (♪) >> this

whole effort to put the chicano or indigenous woman's experience on center stage is, in itself, for euro-american theaters, a radical position. because of the state of theater, it is a hard roll to hold up in institution. it is a hard road. i am looking at where we are 25 years later in the bay area, looking at how hard it is for us to strive to keep our theater is going, etc. i like to think that i'm not struggling quite as hard, personally, but what i mean by that, the intention, the commitment. particularly, to produce works that would not be produced in other places, and also to really nurture women of color artists. i think that is something that has not shifted for me in those 25 years, and it is good to see that brava remains committed to that kind of work. ♪ >> when people talk about the reflection of the community, we can only go from what we have on our staff. we have a south asian managing director, south african artistic director, latino community out rich person. aside from the staff, the other people, artists that we work with being a reflection of us, yes, the community is changi

the dollar gained ground against the euro. the euro dollar is not at 1.32559-3260. it will start to taper the monetary stimulus. we will get direction from the consumer confidence data due later today. the european central bank will hold the meeting on thursday and investors will be watching them. euro yen. a lot of focus on central banks and economic data and earnings reports. we will be keeping track of all that. >> thanks for that update from the tokyo stock exchange. the people at bmw have launched their first fully electric vehicle. they are hoping to rev up a market that has been slow to take off. the german car maker unveiled the i-3 hatch back at events in new york, beijing and london. motorists will be able to drive about 130 to 160 kilometers on a single charge. they will be be able to reach speeds of up to 150 kilometers per hour. japanese suppliers produce the carbon fiber body. it's nearly 300 kilograms lighter than bmw's hatch backs. managers will release the car in europe in november than other markets early next year. the ceo predicted to that sales