independence route, they will not have the ability to issue debt and they will then risk becoming another greece or a spain within the eu, if they are even admitted into the eu, because will germany want to drag along another dead beat nation? i think the economic questions are real, but pat makes the right point. there's a lot of emotions, 300 years of emotion behind this vote. >> england's gdp -- that's pretty significant if they do. >> it is significant, but on the other hand, there is i think a very popular emotional outburst at this stage of the game, which suggests to me that they are going to approve withdrawing. it's not going to be an overwhelming thing. i think in the end-- >> the undecided vote would seem to point to people who are thinking of, well, maybe we should stay, but let's take a chance, let's take a risk. i think toward the end, it doesn't move toward folks who really want to boldly move out. >> what's going to happen to the duke of edinburg? he probably needs to change his title, won't he? if edinburg is no longer part of the united kingdom, he's no longer the duke, is he?

stanton who's been missing in ukraine since the start of august kiev insists it has no information on greece whereabouts the watchdogs deputy director for europe and central asia say the rights of media workers are being violated in ukraine by both militia groups the army it out of the authorities have a track record of detaining russian journalists. washington is leading the charge against islamic state militants urging other western nations to form a coalition against the jihadists in syria and iraq the us is also stepped up or strikes against the group but the latest reports suggest the extremists have enough to replace any arms and equipment destroyed by the us islamic state has managed to create one of the most successful business models in the world all of terrorism with assets worth an estimated two billion dollars reports suggest a significant amount of the to run two million dollars per day comes from selling gold to kurds and neighboring countries smuggling and kidnapping is also a lucrative sideline with the run some payments bringing in around ten million dollars in recent years

argentina, greece, and venezuela. no improvement from last year. each one of these countries has its own macroeconomic challenges. when you take a look at the risk-reward trade-off, it is not there. midsteece, it is in the of meeting bailout requirements. venezuela, it is the nationalization program there. let's wrap things up on a bright note, because the u.s. made it to the top 10 for the first time. there is an urgent need to rehabilitate an upgrade america's aging infrastructure. it is estimated at 3.6 trillion trillion by the society of engineers. the u.k. did well because of an improved business environment, although investors are still perhaps a little bit frustrated or what is called a lack of long-term infrastructure policy. your global outlook for today, i am david. our next guest, during us from singapore, is richard, the head of infrastructure at a group. let's talk about how you came up with this ranking system here. what did you take into account? >> good morning to you. within the survey, what we did was identified 26 criteria that w

i went afterwards to the united states, and he went to greece to study denyivityry, but he returned to jerusalem -- denyivityry. and he returned to jerusalem and has been living there ever since. >> maybe the people he meets here can have root canal from him. >> he's seen the situation. half of his patients can't even afford to pay him. but he never turns anyone away. >> and you see some guy coming from russia and he says this is my land, and he takes your land, which you have been here thousands and thousands of years. and somebody comes only a month ago and says this is my land. why? because god gave it to me. >> you stopped believing in god. i'm a christian. i stopped believing in god maybe. imagine if they came into china and you find some jews in china, my god. the number would be about 10 million. where would we put them? look at the country. in seven years, i don't know from america, from argentine narcs i don't know from where, but these are not the palestinians. they don't know the people of the land. so these are the extremists and they are becoming more and more. 1/3 of the

. , ceo of greece we , thanks so much -- ceo of hootsuite, thank you so much. our countries like apple and google missing the opportunity to get customers who still prefer to pay with cash? ♪ >> i am emily chang and this is "bloomberg west." the landscape of money is rapidly changing but of services like google wallet and the upcoming apple pay ignore the millions of people who just want to pay with cash. >> we spent all this time talking about technological innovations but one in four americans are underbanked or u nbanked completely. they make a transactions with cash. paynearme founder and ceo joins me now. let's talk about this whole notion -- those of us who have money and bank accounts, it is different from the way the good chunk of the world works without it. >> let's talk about the united states alone. people used to talk about the digital divide being a lack of connectivity, but now with smartphones those people are connected. how do they pay? of the statistics you shared with us that is sort of amazing is people who don't have bank accounts are more

greece, 27%. really 6.7% is nothing. when you look at it, it is up by 12,000 for september. the estimate was for it to drop by 2,000 so that is somewhat of a disappointment. let's check out the reaction in the euro. euro/dollar was trading pretty flat into this number at 1.2686. quickly check out german bundes. spain lower down by two basis points. socgen. you want to talk about that, follow me on twitter. i'm at ferro tv. for any more data to drop through the day, 10:00 u.k. time. euro-zone unemployment. that is it from me. "the pulse" is up next. stay with us on bloomberg. we're back in two. ♪ >> standing their ground. protesters say they are not going anywhere until hong kong's leader steps down. we're live in the city with the latest. r.b.s. rallies. the bank says losses from bad loans will be significantly lower than expected. and europe looks to take a bite out of apple. the e.u. says it can seek the recoveries of -- the tech giants. that dates back to 2003.

saying quote the united states stands shoulder to shoulder tonight with our close friend and ally in greece and resolve. we will work witness united kingdom in broad coalition of nations from the region and around the world to bring the perpetrators of this outrageous act to justice ". >> lawmakers say the white house needs to be doing more without organizing boots on the ground they say the u.s. remains vulnerable. >> it's going to take an army to beat an army, and this idea will never have any boots on the ground to defeat them in syria is fantasy and all this has come home to roost over the last three years of incompetent decisions. >> last week the president addressing the nation ordering additional air strikes in iraq and syria and pledging hundreds more military advisers. >> in washington, elizabeth prann, fox news. >> back in the u.s., wildfires are tough enough for any fire crew to handle. throw in rough terrain and the scorching southern california heat, and rescue workers this weekend faced an even tougher battle. the fire broke out friday in the mountains of the cleveland nationa

think about what this country -- how this country would have fared if we did not bring greece 22 million people into the country because they became the farmers, the laborers, the factory workers, the craftsman. and yes the scientists and the artists. it was one of the most amazing periods of immigration in this country's history. and i think it tells us -- it gives us a point of reference at which to look at the current question of immigration at this country. we would not be the same country if those people have not calmed. in 1899, nathan saw some strange vehicles pipetting down michigan avenue. they were automobiles. he was a man of vision and he saw that the day of harness making it tough on making in chicago and illinois wasn't going to be so good pretty soon. so he headed for texas where the horse was joking. he went with his wife, two small children. he rented a small space in downtown san antonio, which he divided into his harness make in shock and where his wife and two children and he lived. a couple of years later in 1901, he bought the first house he ever owned. now i found

. >> if you want to fuss about housing in this country, and want to talk about and a populist the greece is something we should subsidize, then put it on the balance sheet and make it clear and make it evident to make everybody aware of how much it is costing. but when you deliver it through these third party enterprises, fannie mae and freddie mac, when you deliver the subsidy through a public company with private shareholders and executives who can extract a lot of that subsidy for themselves, that is not a very good way of subsidizing homeownership. >> christopher hitchens, anne applebaum and gretchen morgenson are a few of the 41 in gauging stories in these bands "sundays at eight" now they will put your favorite bookseller. >> join us later today for more american history tv. our them theme this week as ther of 1812 with britain and the burning of washington. tonight we look at the battle of bladensburg. it starts at eight eastern on c-span3. an >> c-span2 providing live coverage of the u.s. senate floor proceedings and key public policy events and every weekend at booktv, now for 1

they have continued to into greece -- to increase tier one capital. means the risk capital needs to be increased. it implies that the rate of return on capital is going to continue to come down. that the middle of the balance sheet probably is where you need to concentrate. the debt is going to be more and more secure. we can talk about central-bank policy for the next 2, 3, 4, 56 hours. let's talk about a certainty in your mind. i have heard this for several years now. how do i play it? >> what is clear is that this trend has been established for a while and is going to get worse before legislation comes in. in the meantime, the companies that are able to come into this field and have a few companies who already have lots of good products out there, i think it is a trend which is going to develop for quite some time. globally, it is a situation which is getting worse. companies that focus on dealing with obesity, i think they can have a very good rate of return on capital. a great place to concentrate in terms of getting exposure. >> just to change t

greece's study concluded damage to the part of the brain known as the cerebellum may contribute to the disorder. most experts associate that area of the brain with motor skills but the lead researcher argues that it plays a much larger role in the child's early development. the study is published in the journal maron. along with cakes and cookies baker's running high risk of cooking up a case of work-related asthma. researchers in france say flower is the culprit. it may irritate the respiratory system and enzymes and flower can cause allergy related symptoms. a study was presented at the european respiratory society international congress and also found people to work and food manufacturing are of greater risk for food working in. researchers hope their study will help inform asthma prevention efforts. if you want to live longer a new study says keep those inches from piling on your waist line. researchers have come up with a simple formula to predict how waist measurement impacts life expectancy. as long as your waistline is no bigger than half your height you should live the average

we had the data out of europe, but i guess with the exception of greece and france, we didn't see improvement anywhere else. italy slipping into the contraction as far as the p.m.i. data was concerned. this boding well for the e.c.b. this is more firepower or perhaps for more dovish comments come from mario draghi. of course, that rate decision comes out thursday evening after the bank of england. dollar-yen, 104.76, that's really pushing up equities over in japan. in fact, i was taking a look at some of these technical levels here. it's the thrd day of weakness. will this continue? i guess if up to the compare it to what we've seen so far this year, the lowest level since january 8. of course, the lowest level here, that's about 105.30, which is january 1. we're still a bit from that. now, what do we see? bank of korea later on, we have minutes coming out at 3:00 p.m., plus inflation this morning. a little bit more subdued. so a few ticks below the orecast of 1.6%. aussie dollar, that's the currency we're watching closely. there we go, 9310 is your level there. now, i hate to get technical,

over the last year we have talked about the rise of so-called anti-european parties, whether greece or france. owning the, headlines. the surge of a german equivalent could complicate policies for much of the eurozone, according to the head of sovereign ratings at standard & poor's. talk to me about this. >> you have not heard this because it's a new phenomenon. the party was formed in the spring of last year. it very narrowly did not make it into the general elections, into the lower house. there has been a stream of victories of regional elections in germany, which is really propelled it into the attention outside of germany. the fact you have not talked much about it so far probably has to do with the relatively recent birth of this movement, this party. >> for some people, they are worried about how quickly this party has gained momentum. the biggest question, something you're been looking at, what this means for euros on policy, particularly from germany. >> the political landscape in germany seems to be shifting. ifd, wee surge of the had not seen a party to the soht of angela me

in percentage terms, it is higher than greece and spain and portugal. we have to tackle that. we have to work in partnership with the business. >> why don't we leave it up to be paid commission? set up study national minimum wage institution of and the late 1990's, what we were seeking to do then is tackle exploitation and very low wages. people were earning as little as one pound per hour. we still have in the innovation of the minimum wage, a very large number of people in our country do not own a wage and they can live on. over 5 million people who cannot feed to their families. what we want to do is to give a much more active role so rather than setting a minimum wage, it becomes a lope watch a dog challenging government and to looking at different sectors and how wages can be raised. working and consulting with the business. businessesng to about the process. i should say where business -- i they were real by the politicization of the process. i think the toy plays where will perform the wages -- i think we can get to a place where we perform the wages. and i believe will

turkeyin greece and higher. in spain, up 5 basis points. referendument november 9. it is not sanctioned by the government. some big things for spanish assets. >> thank you very much indeed. 25 minutes into "surveillance" in new york. what's on the agenda? >> a lot going on. protests in hong kong. i loved jonathan ferro's discussion of the new zealand kiwi. this morning against the australian dollar. we stay in asia and go to hong kong. our correspondents will join us with the store protests. president of the council on foreign relations, will join us. we could spend the entire "surveillance" on syria. we scan the world. mr. modi traveling to the white house today. joining us, executive manual -- emanuel, one of the crafters of the affordable care act. his thoughts on ebola. dr. emanuel about ebola. dollar on the move. >> it is. looking forward to it. richard be talking to later on. let's get a look at what is happening. as we watch the story develop, what's the story right now? is it getting tense? the situation is actually excavating --actually escalating. most peo

if you go down there, to greece, they are growing. manufacturing came in at 50.1. those are the issues at play that the european central bank has got to deal with this week. not least the political situation of russia and ukraine in terms of the impact on growth. stopest this morning said worrying, stop getting so obsessed by germany's relationship with russia. he said 5% of their gdp was tied to russia and perhaps we were somewhat over exploding the situation. there is a standout. apart from ireland, the smi. novartis looks like they have found the golden pill. novartis more or less said, are you sure you have got the right numbers? stock up 3.2%. ,tanford bernstein say the pill risk ofwill reduce the heart failure by 20%. potentially is worth $8 billion. we have 20 seconds. goldman sachs, i love goldman sachs. parity bychs calling 2017 on euro-dollar. back to you. >> we are going to talk about london when we come back. ♪ >> welcome back. you are watching "the pulse." we are live from bloomberg's european headquarters in london. these are the bloomberg top headl

>> the way they made that case -- i have read that greece case. that seems to be ok with me. i think it would be very offensive if they did not allow prayer. i think continually trying to push religion out of the public marketplace is a mistake. the question is, how does it get in? how do you allow it in? do you would allow it in on a non-sectarian basis? you rouse the fury if you try to kick god out of the public square in america. because god is going to be there. [applause] and i think that is because the people want religion to have a place in our political society. you know what is fascinating about that? that is a great question. that is a great issue. what is fascinating about that is when you see how this works in france. france has a system -- really rigid separation. they did their best to maintain and by cracky, it is beginning to come apart at the seams. ever so gently in a very, very secular society like france. it is beginning to crack. >> it is very interesting and you have raised a side comment about perhaps jefferson's religious freedom being put into interna

to associate the reforms with the benefits of the expansion that's coming. >> and where are you in greece from that way from zero to ten, how much do non-geek people really endorse those reforms? >> i think they do. they have seen prices come down with shops opening over the weekend, and frankly the greeks have matured as individuals. they have connected the expenditure of the government in other given ways with their own taxes. finally, they know that they have to pay for the government expenditure. this is an amazing maturity for a population that we're suffering. >> so the top headline from the meeting is that everybody needs structural reforms and everybody was also singing to the tune of the ecb. as marco draghi the week before went out with the asset-backed security. i. >> resources from investment will mostly come from the private sector. of course, they will be instrumental in lerming them, but we are looking for possibly incentives and better use of public money in public budgets. so the resources are really important but are not the only one thing we have to worry about. and let

. >> italy and greece with your two favorite markets. the last time i checked, italy is back in recession. >> greece, for example, is incredibly cheap, especially on the banking sector. the equity at the moment, not in the banking sector. the banking sector is rock bottom. it's never been cheaper than today, pretty much. it's done a lot of things, taking care of this fiscal deficit pretty well, has been on the banking side they've been raising a lot of money. there is a number of good news. the big capitalist event and now we've been waiting for italy for all year. good or bad, it will go away. >> francesco, stick around. we'll talk more about what places you like, what places you don't like. do send in your e-mails, your questions to our guests today, worldwide@cnbc.com. >>> and coming up next, we'll cross live to westminster as uk lawmakers look set to give their approval to britain joining the fight against isis. stay tuned on "worldwide exchange." when change is in the air you see things in a whole new way. it's in this spirit that i

another 15,000 migrants are held in greece. but italy has by far the most with 17,000 people being held there. some 65,000 of those are from the first six months of this year and nearly as many as in the whole of 2013. we've got reporters on both sides of the mediterranean for the story. in a moment we'll go live. he's on the catania island of sicily. but first let's go to where many people have been rescued in recent weeks. what's the situation there? >> well, of course, a lot of the people are going from libyan shores. that's because--that is where they're able to get on those smuggler boats and it's a treacherous journey. they're suffering a lot from this. they're saving around hundreds of people who have been brought here to tunisia, but they have found many people whose bodies have been washed up in recent days. joining me now the ac acting chief economists here. let's talk about this from an economic perspective. is there anything that european countries should and could be doing to stop this flow? >> thank you so much. m

it's bad if you're scotland who is tied to the euro in greece. by varying the amount of money in circulation, the fed helps keep our economy relatively stable. you need that to not happen in a different country. in fact, our own central bank and its open markets committee has been really busy. for that let's turn to hampton pearson who is live at cnbc's washington bureau. good morning, hampton. >> keep in mind our independent federal bank, tfederal reserve, stayed the course yesterday and futures are higher as investors digested what they heard on wednesday. the central bank will continue to keep interest rates at historic lows long after it ends its bond buying stimulus program next month. the dow ended with its first record close in two months. we get information on unemployment and housing markets later this this morning. and we are all keeping our eyes on what happens in scotland. scott? >> all right, hampton, thank you much. apple has a new focus on security this morning. changes in its system means apple can't looks at pictures or texts on

if that person drives across and takes a train or takes a bus and goes to eastern europe and goes to greece let's say and they can be smuggled by land into syria. they can be smuggled on a boat by isis supporters and taken across the mediterranean to syria and there would be no record of it. that person then backtracks and comes back to the united states and all it would show is that they flew to france or germany or one of the countries in europe. it would not show the other stamps because there would be no other entries going to these countries. to say you know what everyone is thinking and where they went and how they got there and when they come back to me is absurd. >> tom, thank you for helping us on that story and breaking news about what happened at the white house. appreciate that, sir. >>> the question, why didn't the u.s. decide to arm rebels fighting isis sooner? the former secretary of defense says he blames that decision on one person and that is the president, the former boss. we'll discuss that and a senator in the middle of a tough election fight shows up stay keg stand. yo

we were being turned a failed state just like greece. that's not the case anymore. >> reporter: the other theme kashkari's contention that recovery is still not at hand. >> his 40 years in government has left him out of touch with the struggles of working families. he's declared a california come back but in all, our middle class is all but detroyed. >> you learned your job well there working at sachs. kind of like the arsonist puts out the fire. i really appreciate that. >> reporter: kashkari painting brown as the problem. >> i did not come from a rich family like you did. >> reporter: most talked about kashkari's pledge to kill high speed rail. >> he's raising your taxes to fund what i call the crazy train. >> that will have $8 billion of impact economically. it's a good bet for the central valley. it's good for california. >> reporter: there was certainly a different style. brown is a more experienced debater and tonight he seemed more on the offensive. at one point in reference to that 16 point lead not poll, brown said kashkari hims

>> with greece, and the pound, a very stable country until they vote to break it apart. it makes the u.s. power by process of elimination and probably will for the next 10, 20 years. ashley: it makes u.s. products expensive? >> it is. the dollar is weaker. it's not -- the tough guy likes to have a strong dollar, from a business point of view ompete f weaker dollar. too high a value on the currency. the real reason germany is in the euro is to keep in the industry so they can sell stuff like it's sweden. ashley: you mentioned the bond market, i have to mention bill gross. >> all day i've been selling pimco funds. ashley: is that right? >> i think it's a huge, huge story. ashley: there's a lot of smart people that still work at pimco. >> a lot of them left a few months ago, if you recall. you know, this reminds me janus in 2000 when that was the favored fund family bringing in 10 million dollars a month in stock funds and started to fall apart. the founder left and people are like don't worry about. they have all this deep-seated talent. ashley: it is similar. >> that's wh

. >> with guns so many investigative reports on that. 52 the greece the current temperature. this is a wide temperature range. the range is the difference between the lowest blow and the highest high. we are 40 in here. in the city its 50. warmer even downtown. 44 in kenosha. a wide range across the region. some people are cool and some are comfortable. sunlit composite shows we are dry. that will last for the rest of the work week. a weak cold front tries to make its way south. it will be hard for it to get through. it won't make its way here. sunshine today and tonight and tomorrow and we are expecting our high today of about 70 degrees. cooler up along the lake. tonight slow down to 50 degrees. not a school for tonight. tomorrow we make 67. friday, more sunshine back into the '70s. warmer temperatures are expected for the weekend. >> in new crash outbound kennedy at campbell blocking a lane. watching a fire in cicero. it's on 61st near 36. expect delays there as crews stage at 3500 block. the ramp to ohio is blocked off for roadwork closed until 5:00 a.m.. >> coming up, a

saturday we make 81 to greece. >> the morning. a quick look outside. dan ryan already taking out three lanes leaving a single lane for people trying to get through. that's the inbound. follow us along at 18th street car fire causing big delays. even the singling getting by is hitting the brakes hard to check it out. big issues for people on the dan ryan. resurfacing work from laramie to pulaski. that will result in learning closures through the middle of november. if you other spots out there will talk about coming up. >> she's the best looking traffic person ever. >> if i could just change my voice would be all good. >> coming up, on line therapy, does it work? and apparently a black market for the blood of the ebola survivors. we will tell you about that coming up. >> and he's out for the season, but charles stillman sounds like someone who was not ready to retire. >> we are talking about a brand new music festival kicking off this weekend in chicago. we will tell you about the foundation mentoring young people here in the city. and do you have a pet

the united states, the united kingdom, greece, and estonia. thanks for being part of my program this week. i will see you next week. >>> this is cnn breaking news. >> good morning. it's time for "reliable sources." we begin with breaking news. in just the last few minutes we learned new details about the world's battle plan against the proper group isis. a number of arab countries have offered military assistance as part of the coalition fight. that's acourting to secretary of state john kerry on "face the nation." he said there are some that are clearly prepared to take action. that news comes hours after another video of another western hostage being beheaded by isis. this time the proper group's victim is david haines, a british aid worker. in a moment i want to talk about whether media outlets are doing

with respect to migrants and asylum seekers with countries like italy, spain increasingly bulgaria greece of course arguing that by a freak of geography they bare an unfair burden with respect to asylum-seekers and migrants. italy has really stepped up to the plate over the past year. in terms of search and rescue in the mediterranean with a massive naval operation called mari nostrum rc ha rc that has rescus of thousands of people from rickety boats but death in the mediterranean continue and we're very concerned that the italian government is now saying it will end this operation and the eu will take over through an operation conducted by its border agency called frontex. but it sounds like the frontex operation will be a poor substitute and we may see more deaths as a result. >> judith sunderland thank you. >>> sunday's parliamentary election, the center level of stefan luden is refusing to do a deal with the sweden's far right. simon mcgregor wood reports. >> the partners the green party and the leftists, social democrat leaders stefan lofan will lead the largest party in parliament b

another greece. it is a serious surplus. that is impressive. they jobs, we are cutting arts programs in science, and now we have injected $2000 per student because of proposition 30. i think people know california is not perfect. we have our problems. what momentum do we have now. >> the next question is for governor brown. >> governor brown, many parts of california depend on the water that comes from northern california. the federal government said your plan for new tunnels will break the law. what will you do? >> thank you for bringing that up. i have lived in southern and northern california. it is true, the water is from the north and the people are in the south. my father passed opposition want on the 1960 ballot. it is been a marvel for california. it is made california number one in fruits and bouts doubles. we have a problem. we have a delta system that protects the fresh water that goes to the farms, that salt water is only protected by dirt levees. we have to find a way to make sure to convey it through the delta. that is why for 50

archeologist have discovered enormous tomb in greece days after the time of alexander the great. >> largest burial site ever discovered in the country it's said and in the tomb 2 sculpture both female with arm out stretched presumably to discourage introduceders. >> structure dates back to the late fourth century bc. greek culture minister says the nation is watching the excavation with awe and deep emotion and wondering who is pwurtd within. it's protected 24 hours a day by 2 police officers. >> tell we may have noticed dan ashley not with us tonight that's because he's out raising money deserving kids to summer camp. >> this is the 17th year of the dan ashley friends of camp concord golf tournament at the country club in alamo. it send 500 kids to summer camp in south like tahoe with all expenses paid every year. most important things we do at friend of camp concord is all of the kid we send up to south like tahoe at summer camp are anonymous in terms of who is on scholarship and who schbility counselors don't know and other kids don't know. get to go up there and be kid. >> if you would

>> with greece, and the pound, a very stable country until they vote to break it apart. it makes the u.s. power by process of elimination and probably will for the next 10, 20 years. ashley: it makes u.s. products expensive? >> it is. the dollar is weaker. it's not -- the tough guy likes to have a strong dollar, from a business point of view countries compete for the weaker dollar. too high a value on the currency. the real reason germany is in the euro is to keep in the industry so they can sell stuff like it's sweden. ashley: you mentioned the bond market, i have to mention bill gross. >> all day i've been selling pimco funds. ashley: is that right? >> i think it's a huge, huge story. ashley: there's a lot of smart people that still work at pimco. >> a lot of them left a few months ago, if you recall. you know, this reminds me janus in 2000 when that was the favored fund family bringing in 10 million dollars a month in stock funds and started to fall apart. the founder left and people are like don't worry about. they have all this deep-seated talent. ashley: it is simi

. >> the thing that immediately jumps out at you is greece which has had a bad session. i'm not sure if there is physical follow through. overall we're just bouncing off two week lows for the moment. a pretty poor survey in germany plunging from 44.3 to just 25.4. 2 biggest news is what happens with the scottish referendum on thursday. the latest is the prime minister has put together a deal with the three main political parties in england to scott lald saying we'll keep your funding and you will get more over the health service. big news out of germany is luft hans is a has been able to prevent pilots from going on strike as planned. that still may have. luft han is a down. and this is british airways here. you still also with in telecom a rush to buys fixed line operations. the latest in the spanish market is the france's orange. it is going to pay $4.3 billion for the broad band player jazz fe tell. in paris, the french government is likely to call a vote of no confidence in parliament. this is manuel valet. in the wake of rejigging the government to reject some of th

., astone yeah, and greece reached that goal. >> randall pinkston, appreciate it, thank you. the justice department launched an investigation into the ferguson missouri police department today. attorney general eric holder says the probe will look at the department's police practices. and the investigation comes after michael brown unarmed black teenager was killed by a ferguson my last month. two shooting set off weeks of unrest, usher has more. police have to take a hard look at reforming their practices. >> i want to be clear, this is not a stop gap or a short term solution. it is a long term strategy. >> hands up, don't shoot. >> it's been nearly a month since the fatal shooting of michael brown, set off a week of angry protests. and the deep seeded disinstruction of a police department, that's almost all white. that led the department of justice to open a civil rights investigation, into the shooting now it will look at the whole police department. in ferguson, our investigation will assess the police department's use of force, including deadly force. it will analysis st

we have been termed a failed state just like greece. that is not the case anymore. the majority of the people in california feel like we're on the right track. four years ago, only 13% felt we were on the right track. we're taking care of water, workers compensation. rainy day fund. there is a lot of coming back and forth but we lost 1.4 million jobs. since i've been elected, almost 1.3 million have come back to california that's not by accident. we've lowered the cost of manufacturing, biocom, manufacturing, california has its challenges but we've got momentum and heading in the right direction. >> thank you for the closing statement and now republican challenger, neel kashkari. one minute. >> thank you, the key question here for you at home the voters, is your family back? are your kids in good schools today? do you feel good about the job you want, the job you deserve? i'm running for governor to fight for your family to fight to rebuild the middle class so every kid in california has the same shot in life that i had. i didn't come from a rich powerful family. my

that includes countries like slovakia, greece, and bulgaria. thanks to all of you for being part of my program this week. i will see you next week. >>> good morning. i'm erin mcpike. ferguson, missouri, is still on edge since an unarmed black teenager was shot and killed last month by a white officer, and now the shootings of two officers overnight stirred up emotions once again. one officer was shot in the arm while on patrol. authorities say there's no reason to believe that shooting was connected with protests over michael brown's killing. the suspect is still at large and in a separate incident three hours later, police say someone opened fire on an off-duty officer who was in his personal car on an interstate. the officer did not appear to get hit by the gunfire. >>> in hong kong, more than two dozen people are injured following a violent standoff between police and tens of thousands of protesters. pro-democracy students are demanding the resignation of several chinese politicians. police responded with tear gas and batons before backing o

for many in greece and in the area, it's going to be jib credibly wet there. through saturday, that system will push towards the east. for saturday, the wettest weather will be over the western parts of turkey, so heavy rain here. behind it still some cloud, but not so unsettled, saturday looking like a brighter day. >> indonesia's parliament has seen a vote, lawmakers considering canceling the direct election for local leaders, instead oh pointed by the regional assembly. the government said this would cut costs in the world's third largest democracy. others say it would limit the power of the people. >> there are arguments for proponents of the bill, the amount of corruption and also the problems associated with it, but the real in tent, well, the attempt for them is to actually control the position of government heads in the regional and the local areas in the province and at the district number because by numbers, the coalition has a bigger number. in reality, i think it is just a political ploy. eventually, the bill would be set down by the constitutional

now, with regards to the ecb doing something, then it probably at the margin will be more useful for greece and then turkey, due to their proximity and linkage with the european financial system. >> all right. you have recently upgraded brazil. so you are recommending that investors jump on the rally that's already unfolded? >> yeah. i think there has been a number of important factors for brazil this year. one, the price of borrowing for emerging market companies has been falk the simby yield versus come down. you've had currency strength in brazil. we've seen very strong flows into em-fixed income. that helps brazil. we also got the hope of policy change with the most recent poll showing marianna in the lead ahead of dilma. we should get momentum into the october election, the first of the presidential poll probably the 6th of october then one towards the end of okay, a two-horse race and there is the chance that you do get a change in government. >> all right. with that change in government, with those changes in policy, are there certain types of stock sectors, stocks specifically where

she has been dead many times and learned the secrets of the grave, the animalism of greece, the lust of rome, the mysticism of the middle ages." centuries after her creation, walter pater thus rhapsodized the mona lisa. "she's a mysterious creature, this woman, who gazes at us with such withdrawn intensity-- benign, amused, perhaps a little sly. my she not break her frozen silence and even speak and move?" her pose, known so well to us from innumerable reproductions, is distinctively leonardo's-- the body on one axis, the head on another, as though she had only just turned towards the painter and to the generations of those who will come to look at her. unlike most of the other portraits of the time, the mona lisa is simply dressed, devoid of ornament. and the most distinctive feature, of course, is that wonderful smile. it is said that leonardo employed musicians to play while she was sitting to him, light, humorous music to coax that smile from her. the millions of people who've seen her at the louvre have been fascinated by her mystery. artists have copied her by the hundreds of t

i will send it to turkey. >> send it to greece, steve. >> there you go. >> thank thank you. >> thank you very much. [applause] >> only in america. my favorite line. and that, you can walk into my house one night i could serve chobani. it was great. thank you. next we have david kestenbaum of npr is going to tell us what's happening to our money. where it is going. how we're going to spend it. how we're going to play for thing with jeffrey alberts with prior cashman and phillip bruno and nicholas cary ceo of blockchain. welcome. [applause] >> quick story few years ago, reporter colleague of mine, we heard a story about bitcoin. let's try to eat lunch with it. people are saying this will be the future of money. great, we'll go buy lunch in new york with it. was incredibly difficult. took two weeks to buy money. exchange where you exchange dollars for bitcoin got hacked and shut down. bitcoin doubled from $12 to 20. what was ultimate high? >> ultimate high was a thousand, now down to 450. >> we had to find a guy with bitcoin and hand him dollars. he gave us bitcoins digitally. and there

the united kingdom is another estonia and greece who doesn't have two drachmas to rub together. britain is about to leave that group by cutting its army down to 80,000, which is smaller than it has been at any time since the battle of waterloo. >> when i covered the pentagon it was that too nato and paper armies. now as he rallies this summit, what do you think comes out of this, charles? >> what's coming out is a rapid reaction force, which is precisely the kind of half measure you would expect from an obama led nato, meaning that we would have preposition sites in the baltic states and poland so that if there is an emergency within two days we can mobilize 4,000 soldiers who will arrive on the scene. this is ridiculous. what the eastern europeans need, what the pols need is not a force to be sent with the decision of nato which will never happen. what you need is bases on the ground. perpetually there so as a trip wire exactly as we did as a cold war. we had americans on the front lines in west germany so that any invasion would necessarily engage the u.s. it was automaticity

another greece. it is a serious surplus. that is impressive. jobs, we are cutting arts programs in science, and now we have injected $2000 per student because of proposition 30. i think people know california is not perfect. we have our problems. what momentum do we have now. >> the next question is for governor brown. parts ofor brown, many california depend on the water that comes from northern california. the federal government said your plan for new tunnels will break the law. what will you do? >> thank you for bringing that up. in southern and northern california. water is frome the north and the people are in the south. my father passed opposition want on the 1960 ballot. it is been a marvel for california. it is made california number one in fruits and bouts doubles. we have a problem. we have a delta system that protects the fresh water that that salte farms, water is only protected by dirt levees. we have to find a way to make sure to convey it through the delta. that is why for 50 years people have been trying either a canal or tunnel

they say or the ceo says that the current unemployment rates of 22% or 50% in the likes of greece and spain is unacceptable. take a listen. >> we got very talented young people out there. and i don't think europe, generally speaking, can afford to lose a generation when it is indebted and aging. >> and perhaps that is a reminder of where we do stand for much of europe. back to you. >> we'll see what happens tonight. thanks. a when we come back as we wait for alibaba to go public, who stands to make the most money in the ipo. one of the earliest investors who got in way back the 2003. and kevin spacey, talking about spoilers, distribution and a lot more you. also got to hear from verizon ceo just said about the nfl. we're back in a minute. when change is in the air you see things in a whole new way. it's in this spirit that ing u.s. is becoming a new kind of company. one that helps you think differently about what's ahead, and what's possible when you get things organized. ing u.s. is now voya. changing the way you think of retirement. i make a lot of purchases foand i get ass. lot in

greece has relied on two bail louts and emergency taxes. but despite the news, many greeks are not con can vinceed that the hard times are about to end. george is an engineer. his work is essential p l to national security. but the government has rewarded him and his wife, a high schoolteacher, with a 40% drop in income during the crisis. even the modest subsidies that help them raise their nine children, have fallen. recently announced tax cuts will cheapen heating oil by 12 cents a litter but it still will almost tripple the precrisis cost. >> we will spend a third of winter in serious without heating. we rely on small stoves, gas stoves to heat our family. so we don't expect some relief from this. they say the numbers are changing -- i don't know, the numbers may prosper, but the people are miserable. that's the truth. >> emergency taxes have held greek government revenues remain largely unscathed, but as an unemployment rose to 27%, they placed a greater burden on fewer people. the government is on track to double this year to about $8

you went into greece, with a gas mask on, talking to us by phone, i said wilbur, are what are you doing? how did that trade work out. >> it is only a couple months old but it is doing fine. the greek government did a very good thing in preparation for the asset quality review of the european central banks. of all the european banks. they agreed to make the deferred tax, deferred tax credit from the government. that makes it a real asset and stores up their balance sheet. liz: did well with coal. did well with steel. what is the next stateside investment you're thinking of making? >> we're doing mower and more in shale gas. we think shale is wonderful phenomenon for the economy. because they haven't approved all the export permits yet, because a lot of infrastructure hasn't been built, this actually a glut of gas. so we have this strained situation. goss is a little bit over $3 per mcf in this country. in europe it is 12 or 13. asia it is 14 or 15. eventually that will kind of equalize that somewhere in between. liz: if your plan works out and somehow. ashley: it does. wilbur ross, w.l.

they would be, they would be -- greece. melissa: total loser for scotland. they are the ones who you would think want to stay in the union for economic reasons. melissa: this is important story, charlie. hope for cache lovers -- carb lovers. olive garden never ending pasta passes, coveted meal tickets are being resold on ebay for $400. somebody bought two, which is never ending pasta. two times infiniti is still infiniti. two endless pasta passes? >> sorry. melissa: no, there is one with 56 bids going. 56 people bid on this. >> i took my mom to a olive garden in 1990 in tampa, florida, working at "tampa tribune." melissa: i've i'vei've been to olive garden in tampa, florida. its fabulous. >> this is worst food. melissa: no. come on. >> this is marketing promotion. taking your brand down. signing such a low value to the product. melissa: low value? $100 worth of pasta. that is a lot of pasta. comment section on ebay everybody is being elitist. who would go to olive garden. kind of like charlie. >> this is not elitist. do better boiling your own pasta and putt