so we need europe as a trading partner, we need them to come out of this; but when europe was really struggling, that was not going to crush the u.s. as the u.s. get stronger - and we have been for the last two or three years - that is also going to help europe pull out. > bruce, you are a financial planning expert. what about people who are concerned that maybe they should change some of their holdings because of the worries that they have about europe? > > that is really the great point for a lot of viewers. if somebody is watching this right now, they are thinking, "does that mean i should put my 401k plan into cash?" and the answer is no. a well diversified portfolio with stocks and bonds and stocks in a lot of different asset classes, including europe, including asia, still makes sense. just know that there is going to be some volatility. > bruce helmer, thanks so much. > > thanks bill. thank you bill. still ahead: in or out? what's the better retail stock to own, one that's purely online or places where you go to shop? find out next in traders unplugged. danica patrick: for the

with europe group and therefore my gavel to europe. internal market of you was becoming any very important market reach market with a high g.d.p. per capita and that when the european union was going outside and negotiate as a bloc they had a real power because it was a biggest exporter the biggest importer the biggest foreign investor. but so in britain the trade commission of the european union was complaining that i with every time he was going to negotiate with the united states in front of him we see his counterpart here you have your recent garden party observed through the stories and on his back he would have c.e.o.'s of big bangs a big insurance company telling please do that for me please do that for us but winterland britain was turning his back to see where its report was it was actually having only some minister saying don't do this don't do that and please do that it only but not more and he was really not very happy you know. we discovered that there is a whole world of lobbyists in washington to tell their government wh

in europe so we invited the bunch of forty of those. and. after the dinner he said well now that you've got some some food by the commission you owe me something you have to do something for me people sometimes think that the commission comes up with ideas out of the blue with and pushes them it's not a tool the commission is thirsty for ideas from the cannot make acton's to help us to decide what to put food is in the interests of europe. this is where the idea of creating a network of association and companies pushing for the trade in service is used by the private sector came up and became managing director of the open services for. relief. in general to nine we had. eleven months to prepare seattle first every cio i mean it's your conference after the creation of this organization in action at four and the idea was that this meeting is going to lounge is amazing a round that's britain had so much push for. britain never got to see how tall the entire commission had to resign because of the massive fraud several commissioners were involve

europe has other feet in other countries. i defend strasbourg because strasbourg is europe. and if you think it should not be the seat of the european parliament, then doubt undermines everybody's view of europe. thank you very much for having me here in strasbourg at the seat of the european parliament. [applause] >> thank you, mr. president. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2013] >> the house to the of session today. no votes are scheduled due to the president said of the union address tomorrow night. later this week, work on a bill that would overturn president obama's executive order giving federal employees across-the- board pay increases. follow the house live here on c- span when members return tomorrow. and the senate is in session today. they gambled in earlier to continue work on the bill authorizing the violence against women act. that legislation provides prosecution for violent crimes committed against women, while enhancing provisions for native american, guay, and other victims. final pa

europe. europe can just be a market, budget, a currency. precious though they may be. nor can it just be a set of treaties or a set of rules. which are necessary if we have to live together. nor can europe simply be an accumulation of nations, each of which goes to the union for what it thinks is useful to itself and itself alone. europe, because that is history, is first and foremost a political will, a commitment in which everyone accepts the balancing out of rights and obligations, where the rules are up by the i. were confidence create solidarity. it's a process but we can keep arguing about what is already there and calling everything into question every stage. but i do think it is legitimate to work towards a new architecture of our union. i would plead for a differentiated europe. not a two-seat europe or two-tiered europe which would have been silly, and and we coal europe, a divided europe to ignore are we talking about cherry-picking europe. differentiated europe means a europe in w

europe is a paradise. you have to reach it. >> that is one man's story. he told me some of those i met in a factory have already made it to northern europe. the possibility of getting there that makes men like muhammed keep on coming. though he is biding his time, northern europe is where he intends to finish up. >> the war that is apparently not going on. global leaders have agreed islicly that a currency war not happening. in a week that saw the pound sank to a 2.5-year low against the dollar, there is a concern that there are signs of a secret currency battle. here is paul mason with a currency war for dummies. >> questions of our times, how many arrowheads you did four- wheel bone? whale bone?t for a in the 1930's, they were assessed with funny money for our reason. exchange rates are in issue again. " if you ask the most powerful people in the world, are we about to enter a currency war? it is a good question. we know the answer is no because they say so. they said at the g-20 this weekend. >> we will refrain from competitive devaluation. we will not

california is europe. rarely is every measurable effect would also attitudes and beliefs and expectations have made their choice it is not a coincidence not just leaving the state budget having fewer and fewer children. a good example how the state can crowd out other institutions of the long term challenges for those that they try to help. >> to mention several times with those costs in the long-term effects. >> there are economic cost of social democracy, less productivity increased regulation, etc., etc. but with the right sense of responsibility of themselves before their families. the state takes care of that, right? the other is a moral cost of expectations that i am entitled to certain things as a matter of right without any explanation or they come from even the language of moral discourse becomes corroded, and breaks down wear writes the are the trump card because that violates -- violates my rights those with political discourse also expecting other people who you don't know also to bests -- basi

in europe so invited to bunch of forty of those. and. after dinner he said well now that you've got some some food by the commission you owe me something you have to do something for me people sometimes think that the commission comes up with ideas out of the blue and pushes them it's not so a tool the commission is thirsty for ideas from the cannot make acton's to help us to decide what to put food in the interests of europe. this is where the idea of creating a network of association and companies pushing for the trade in service is viewed by the private sector came up and became managing director of the open services for . relief. in general to nine we had. eleven months to prepare seattle first every cio i mean it's your conference after the creation of this organization imagine at four and the idea was that this meeting is going to lounge is amazing and brown that's so you know britain had so much push for. britain never got to see how tall the entire commission had to resign because of the massive fraud several commissioners were i

they think they can pull that off they can wreak craft europe continental europe to look more like united states and england with polarized richard poor and no social safety net the question is whether the mass of people in europe will permit it and what you're seeing now is a strong left a weak but rising right wing that have one thing in common the status quo is unacceptable and they're becoming strong enough to challenge for power europe is in for a very rough ride in the months and years ahead i think you're absolutely right dr richard well thanks so much for being with us tonight thank you after the break the manhunt for former l.a.p.d. officer christopher dorner continues in california as authorities offer a million dollars for information leading to his arrest what role might racism have played indoors decision to go on this cop killing rampage. technology innovation all the developments around russia and the future covered. it is. for former l.a.p.d. officer christopher dorner can turn continues in california on february fourth it's alleged that dorner gunned down two people in a

place the blame on europe. structural reforms may be put on hold, especially if italian prime minister berlusconi gets back into office. he is a contender in general elections that will take place later this month. then you add to that question about the corruption in spanish prime minister's office. take a look at $1.35. four trading sessions ago we were at $1.37. the euro taking a hit down more than a full cent versus the dollar. biggest drop in more than two weeks. because we're seeing a stronger dollar, what else are we seeing? a flight to quality bid in treasuries. ten year yield now below 2%. uncertainty back in europe. so should you the investor run screaming away from euro fears again? david darst chief investment strategist at morgan stanley waiting in the wings. he has some advice that might surprise you. he has five names he believes you can take advantage of right now that no matter what happens in europe, and by the way, he's not worrying about europe, will actually help your portfolio. speaking of

in much of western europe if not most of western europe, a contrary attitude has long been characteristic. if people are to live fulfilling lives, as far as consistent with maintaining minimal incentives of wealth creation, the attitude is people are provided and protected with risk. institutionally that translates squarely into the model. that's interesting is there is very little evidence that such policies actually help make people happy. as i illustrate in "becoming europe," many people on long-term health care are generally less happy than those who are in the same income, but don't do it through author payment, instead do it through work in a job. there's been lots of studies in both america and europe to talk about these in the book. we have to be careful not to read to much in the studies because correlation is not causality. they do suggest they are focused upon endless redistribution from the top down in an effort to realize ever greater equality and ever greater stability are much less successful at helping people to flourish as they had to flourish. benjamin franklin never mad

. >> restoring faith in europe. the german president sets out his future for the vision of the european union. >> and the final day of campaigning in italy -- why sunday's national election has the world nervously watching. well, his decision kept all of south africa and much of the world in suspense today. a south african judge said yes to bail for oscar pistorius, the paralympic star accused of murdering his girlfriend. >> the man known as the blade runner was forced to post $113,000, and over his passport, and turn over his gun collection to police. >> pistorius and his attorneys have three months to put together a defense. >> oscar pistorius was braced for the worst as he entered court, but his defense did a good job after he revealed mistakes in the prosecution case, the judge ruled that pistorius could go free on bail. no cameras were allowed in the courtroom while the decision was read. the olympics are stood in silence as the announcement was made -- the olympic star. supporters applauded the ruling. >> alth

s from some of the biggest companies in europe. it was a political manifesto written by these industry leaders. oh it was a stunning was that these two free c.e.o.'s would would sit down and actually write . a report that was a detail set of recommendations for how to change the face of europe. think you're. right i finished my job in the commission in april nineteenth one thousand. and ninety cited that maybe suppressed place is actually where the money is so i went to the open banking federation. and i started to look to be an open east. or at. least. i have worked a. long time nine years in the open banking for duration and i started also to discover. an additional work to europe which was. international trade. commission. the elite nearly everything. going your book read them. but you know our industries. yeah i mean if you obviously need to have a lot of contacts you probably find the figure of one hundred person which are really keep in mind. to. you that you. are if you're a commitment. i mean my job i describe it as a netwo

s from some of the biggest companies in europe. it was a political manifesto written by this industry leaders. what was stunning was that these descry c.e.o.'s boards would sit down and actually write. a report that was a detail set of recommendations for how to change the good the face of europe. for. the second experience. i finished my job in the commission in april nineteenth one thousand. and ninety decided that maybe suppressed place is actually where the money is so i went to the open banking federation. and i started to look below pianist. and there. would. be i have worked a. long time nine years in the open banking for duration and i started also to discover. an additional work to europe which was. international trade. commission. the elite. anything classic to. thank you. but you know our industries. yeah i mean if you obviously need to have a lot of contacts you probably find the figure of one hundred person which i will keep in my job. to. educate her for her commitment. i mean my job i describe it as a network and as

it is key to the recovery of europe. second of all is a plan that he talked about on july 26th in london last year which is the outright monetary transactions, omt, where the ecb would buy bonds from the countries in trouble along with the european stability mechanism under certain conditions. in other words, certain conditionality. now, the ecb isn't going to put up that conditionality. they've got enough on their as a central bank and now as a supervise for the banks. supervisor for the banks. and it'll probably be the international monetary funneled. but they haven't really agreed what kind of conditionality they're going to put up and who's going to do it. the lead candidate for this should be spain, but the prime minister of spain told me several months ago he'd only go into this program if there was no additional conditionality other than what he was taking, because he thought he was taking enough in spain. and second of all, if the ecb could prove to him by taking this on that the spreads or the cost of issuing bo

so we're taking a cautious approach in europe. in the emerging market regions, you know, there's a more interesting story. the growth story is obviously, you know, far more something, far more significant. a challenge in private equity, though, finding good, experienced managers who can attach our capital to that growth and then most importantly earn a return on -- get it back to us. because the market's less developed in the e.m. regions, we need to meet with lots of managers before we find ones that we're satisfied to invest with. >> some of the concerns that have been raised early on in the conference about the size of the leveraged buyouts and also when it comes to the premiums being paid, the u.s. being cheaper premiums than europe which is interesting because the u.s. at least has a growth story versus the negative returns here in europe. when you look at what's coming up, we've got the sequester at the end of the week which may mean a cut to spending and impact to the u.s. growth story are. you concerned about the mont of m

court europe . rescheduled the launch for the big you some of them so that all the media would be there we were excited as. we had prepared the book launch and half an hour before the first friends started arriving. very little or no pressure showed up. so unfortunately our first probably given was really not know this is part of. the job of the latest on this truth mark a very groove a key exercise the strengthening of the rule system of multilateral craig. and perhaps most important be establishment of a stronger broadly. brain organizer. i started to work on the financial services cats negotiations and that was really the time where i discovered this is we just like we'd like to do that. we've come to the end of the most far reaching trade negotiation ever. the negotiators of the hundred seventeen governments and richie vtam extraordinary success. with your approval therefore my gavel the euro why rose continued. in telemarketing. was economy and a very important market reach market with a high g

s from some of the biggest companies in europe. it was a political manifesto written by this industry leaders. what was stunning was that these two three c.e.o.'s boards would sit down and actually write. a report that was a detail set of recommendations for how to change the good the face of europe. for. europe and. i finished my job in the commission in april nineteenth one thousand. and nine and decided that maybe suppressed place is actually where the money is so i went to europe in banking federation. and i started to look to be open east. and it's. going to. be i have worked. for a long time nine years in the open banking for duration and i started also to discover. an additional word to europe which was. international trade. anything. the bank your book read them. but you know our industries. yeah i mean if you are lobbyist you obviously need to have a lot of contacts you probably find figure out about hundred person which are really cheap in my job. to. educate a few to really get a commitment. i mean my job i describe it a

in europe so we invited to bunch of forty of those. and. after the dinner he said well now that you've got some some food by the commission you only saw things you have to do so. something for me people sometimes think that the commission comes up with ideas out of the blue with and pushes them it's not so a tool the commission is thirsty for ideas from the cannot make acton's to help us to decide what to put food in the interests of europe. this is where the idea of creating a network of association and companies pushing for the trade in service is used by the private sector came up and became managing director of the open services for. relief. in general to nine we had. eleven months to prepare seattle first every cio i mean it's your conference as a creation of this organization imagine at four and the idea was that this meeting is going to lounge the millenium brown that's so you know britain had so much push for. britain never got to see how tall the entire commission had to resign because of the massive fraud several commissioners wer

picture across europe but there's definitely a danger that for instance in cultures like greece if the government doesn't invest in social measures that this might be the case in the future georgina from the european network who gets racism thank you very much indeed for joining us georgina thanks thanks for being with us live here on r.t. . just ahead this hour european leaders may think tax hikes will help tackle the debt crisis something we've just been talking about in that interview europe's wealthy are being lured away by latex countries with small business left at home struggling to stay afloat a report on that is just ahead for us and also still to come. in teaching religious schools spread across tunisia after more than. decades of being bad under the previous regime investigate whether islam in schools is good for young minds that report after the break. you know how sometimes you see a story and it seems so for lengthly you think you understand it and then you glimpse something else and you hear or see some other part of it and realized everything you thought you knew you do

now, in much of western europe, if not most of western europe, i contrary attitude has long been characteristic of the economic culture. it is this. people are to live a fulfilling lives, as far as is consistent with maintaining minimal incentives to encourage some wealth creation, the attitude is that people need to be provided with things and protected from risk. institutionally that translates squarely into the european social model. what is interesting, however, is , there is very little evidence that such policies actually help make people happy. as i illustrate in "becoming europe," many people who are, for example, on long-term welfare are generally less happy than those who earn the same income but who don't do it through a welfare payment but instead through work in the job. no, there have been lots of studies done this. they talk about these in the book. we have to be careful, of course, not to read too much into the studies because as the saying goes, correlation is not causality. they do, however, suggest that economic cultures which prioritize institutions that are focused upon end

s from some of the biggest companies in europe. it was a political manifesto written by these industry leaders. oh it was a stunning was that these days free c.e.o.'s woods would sit down and actually write. a report that was a detail set of recommendations for how to change the face of europe. an experience that. i finished my job in the commission in april nineteenth one thousand. and ninety cited that may be suppressed place is actually where the money is so i went to the open banking federation. and i started to learn to be open just. used to be i have worked a. long time nine years in the open banking for duration and i started also to discover. an additional word to europe which was. international trade. the elite. anything. like your book read them. but you know our industries. yeah i mean if you obviously need to have a lot of contacts you probably find a figure of one hundred person which i really keep in mind. you that you keep your thirty year commitment. i mean my job i describe it as a network as a fascinating time as

please booklets are inside missing links missing networks and resave in europe. may take the first two publications going through them something strange about them somehow they look so familiar. euro tunnel. scanning. pier in these corridor. i go to the archive. at. the t. and projects by the commission. i go through the papers compare them back and forth. what a striking similarity. the projects are almost identical. commission seems to have copy paste a deity proposals. wealthy british scientists scientists sometimes. markets why not canada. find out what's really happening to the global economy with max cons or for a no holds barred look at the global financial headlines tune into kinds a report. you know sometimes you see a story and it seems so. you think you understand it and then you glimpse something else you hear or see some other part of it and realize that everything you thought you knew you don't know i'm tom harpur welcome to the big picture. download the official application to yourself choose your language stream quality and enjoy your favorites fr

in europe so we invited to bunch of forty of those. and. after the dinner he said well now that you've got some some food. by the commission you owe me something you have to do something for me people sometimes think that the commission comes up with ideas out of the blue with and pushes them it's not so a tool the commission is thirsty for ideas from the cannot make acton's to help us to decide what to put food which is in the interests of europe. this is where the idea of creating a network of association and companies pushing for the trade in service is use by the private sector came up i became managing director of the open services for. relief. in general to nine we had. eleven months to prepare seattle first every cio i mean it's your conference after the creation of this organization imagine at four and the idea was that this meeting is going to lounge is amazing umbrella and that's so you know britain had so much push for. brits and never got to see out all the internal commission had to resign because of the massive fraud several c

in europe so we invited the bunch of forty of those. and. after the dinner he said well now that you've got some some food by the commission you only saw things you have to do something for me people sometimes think that the commission comes up with ideas out of the blue with the. pushes them it's not a tool the commission is thirsty for ideas from the actons to help us to decide what to put food. this is where the idea of creating a network of association and companies pushing for the trade in service is viewed by the private sector came up and became managing director of the open services for . relief. in general to nine we had. eleven months to prepare seattle first every cio i mean it's your conference as a creation of this organization imaginative and the idea was that this meeting is going to lounge the millenium brown that's so you know britain had so much push for . britain never got to see how tall the entire commission had to resign because of the massive fraud several commissioners were involved in. seattle the millennium round it

in europe so we invited the bunch of forty of those. and. after dinner he said well now that you've got some some food by the commission you only saw things you have to do something for me people sometimes think that the commission comes up with ideas out of the blue pushes them it's not a tool traditionally is thirsty for ideas from the actons to hopeless to decide what to put food. this is where the idea of creating a network of association and companies pushing for the trade in service is use by the private sector came up i became managing director of the open services firm. in general one thousand and two nine we had. eleven months to prepare seattle first every cio i missed your conference us as a creation of this organization imagine at four and the idea was that this meeting is going to lounge the millenium brown that's so you know britain had so much push for. britain never got to see how to turn commission had to resign because of the massive fraud several commissioners were involved in. the millennium round itself took a completely

s from some of the biggest companies in europe. it was a political manifesto written by these industry leaders. oh it was so stunning was that these two three c.e.o.'s boards would sit down and actually write. a report that was a detail set of recommendations for how to change the good mood the face of europe . for. europe and so on. i finished my job in the commission in april nineteenth one thousand. and ninety decided that maybe set this place is actually where the money is so i went to europe in banking federation. and i started to look to be obese. next. year it. would. be i have worked it. a long time nine years and you can bank in for duration and i started also to discover. an additional word to europe which was. international trade. commission. here very few current. thank you. but you see you know our industries. yeah i mean if you are lobbyist you obviously need to have a lot of contacts you probably find the figure of five hundred person which are really cheap in my job. yes. you did you hear very clear a commitment. i

in europe so we invited the bunch of forty of the rooms. and. after dinner i said well now that you've got some some food by the commission you owe me something you have to do something for me people sometimes think that the commission comes up with ideas out of the blue with and pushes them it's not so tool the commission is thirsty for ideas from the cannot make acton's to help us to decide what to put food which is in the interests of europe. this is where the idea of creating a network of association and companies pushing for the trade in service if you buy the private sector came up i became managing director of the open services for. relief. in general to nine we had. eleven months to prepare seattle first every cio i mean it's your conference after the creation of this organization in ninety four and the idea was that this meeting is going to lounge the millenium ground that's so you know britain had so much push for. britain never got to see how to turn commission had to resign because of the massive fraud several commissioners were invo

in europe so we invited the bunch of forty of those. and. after dinner he said well now that you've got some some food by the commission you only saw things you have to do something for me people sometimes think that the commission comes up with ideas out of the blue pushes them it's not a tool that could be thirsty for ideas from could not make acton's to hopeless to decide want to put food. this is where the idea of creating a network of association and companies pushing for the trade in service if you. by the private sector i came up i became managing director of the open services for. relief. in general night at nine we had. eleven months to prepare seattle first every cio i mean it's your conference as a creation of this organization imaginative and the idea was that this meeting is going to lounge the millenium brown that's so you britain had so much push for. britain never got to see how to turn commission had to resign because of the massive fraud several commissioners were involved in. the millennium round itself took a completely u

in europe so we invited the bunch of forty of those. and it. after the dinner i said well now that you've got some some food by the commission you owe me something you have to do something for me people sometimes think that the commission comes up with ideas out of the blue with and pushes them it's not so tool commission is thirsty for ideas from the cannot make acton's to help us to decide what to put food in the interests of europe. this is where the idea of creating a network of association and companies pushing for the trade in service is used by the private sector came up i became managing director of the open services for. relief. in general night and after nine we had. eleven months to prepare seattle first. a ministerial conference as a creation of the seventies a shouting match metaphor and the idea was that this meeting is going to lounge is amazing and brown that's so you know britain had so much push for. britain never got to see how tall the entire commission had to resign because of the massive fraud several commissioners were in

s from some of the biggest companies in europe. it was a political manifesto written by this industry leaders. meet oh it was a stunning was that these days free c.e.o.'s words would sit down and actually write. a report that was a detail set of recommendations for how to change the face of europe. you're. right i finished my job in the commission in april nineteenth one thousand . and ninety cited that may be suppressed place is actually where the money is so i went to the open banking federation. and i started to look to be an opiate based. or at. least. used to be i have worked a. long time nine years in the open banking for duration and i started also to discover. an additional word to europe which was. international trade. you know. anything worth. knowing your book read on here but you know our industries. yeah i mean if you obviously need to have a lot of contacts you probably find a figure of five hundred person which i will keep in mind. you that you gave up to thirty for a commitment. i mean my job i describe it as a netw

it is key to the recovery of europe. second of all, a plan that he talked about on july 26 in london last year, which is the outright monetary transactions where the ecb would buy bonds from the country's in trouble along with the european stability mechanism under certain conditions. in other words, certain conditionality. no, the ecb is not going to put up that conditionality. they have enough as the central bank and no as a supervisor for the banks. and so it will probably be the international monetary fund, but they have not really agreed what kind of conditionality they're going to put up into is going to do it. the lead candidate for this should be spain, but the prime minister of spain told me several months ago, he would only go in to this program f there was no additional conditionality other than what he was taken because he thought he was taking enough in spain. second of all, if the ecb could prove to him that by taking his son that the spreads for the cost of issuing bonds would go down significantly. as you

s from some of the biggest companies in europe. it was a political manifesto written by these industry leaders. oh it was so stunning was that these two three c.e.o.'s boards would sit down and actually write. a report that was a detail set of recommendations for how to change the to the face of europe. europe and so. i finished my job in the commission in april nineteenth one thousand . and ninety decided that maybe suppressed place is actually where the money is so i went to europe in banking federation. and i started to move to below beast. which. means to be i have worked a. long time nine years in the open banking for duration and i started also to discuss. an additional work to europe which was. international trade. commission. that will eat. anything. thank you. but you know our industries. yeah i mean if you obviously need to have a lot of contacts you probably find a figure of five hundred person which i will keep in my job. to. educate a few very good. commitment. i mean my job i describe it ask. networker as a fascinatin

in europe so we invited the bunch of forty of those. and. after dinner he said well now that you've got some some food by the commission you only saw things you have to do something for me people sometimes think that the commission comes up with ideas out of the blue pushes them it's not a tool traditionally is thirsty for ideas from the actons to hopeless to decide i want to put food. this is where the idea of creating a network of association and companies pushing for the trade in service is viewed by the private sector came up i became a managing director of the open services for. in general nine hundred ninety nine we had. eleven months to prepare seattle first deputy oh i missed your conference as a creation of this organization in ninety four and the idea was that this meeting is going to lounge the millenium brown that so you britain had so much push for. britain never got to see at all been turned commission had to resign because of the massive fraud several commissions were involved in. seattle the millennium round itself took a com

and europe. >> germany is our largest trade partner in europe, and we want to see even more trade and investment that will create jobs -- jobs for -- jobs for germans, for americans, for all europeans. >> negotiations are set to begin within months, and i of the two sides managed to overcome their differences, could be completed within two years. >> for more on this visit now, we can bring in our political correspondent, who is standing by at our parliamentary studios. afghanistan, syria, a possible u.s./e you free trade deal -- lots on the agenda. what would you say is the biggest deal right now in the u.s.-german relations? >> it would see that economic issues topped the agenda in john kerry's talks with german leaders. in both press conferences with the german foreign minister and chancellor angela merkel, we heard a lot of talk about that possible free-trade agreement between the eu and the u.s. we heard john kerry in your report just they're talking about jobs, jobs, jobs. there appears to be a great deal of economic pressure on both sides of the atlantic driving some motivation

with your approval there my gavel to europe. the internal market of you was becoming any very important market reach market was a high g.d.p. per capita and that when the european union was going outside and negotiate as a bloc they had a real power because it was a biggest exporter the biggest importer the biggest foreign investor. but so in britain the trade commission of the european union was complaining that i was every time he was going to negotiate with the united states in front of him when we see his counterpart here you have your recent gardener and sister think of stories and on his back he would have c.e.o.'s of big banks a big insurance company telling please do that for me please do that for us but when charlie and britain was turning his back to see where this report was it was actually having only some minister saying don't do this don't do that and please do that it only but not more and he was really not very happy you know. we discovered that there is a whole world of lobbyists in washington to tell their gove

the ceo tells cnbc, europe remains a drag. >> europe is depressed. it's going to take time. to solve it in part of europe is hard hit as it's going to take longer. >> and a mega merger is cleared for takeoff. reports say the boards at amr and us airways sign off on their $11 billion deal to create the world's biggest airline. >> announcer: you're watching "worldwide exchange," bringing you business news from around the world. >> all right. you're wearing an appropriate valentine's day shirt. >> i am. i tried. there's a little bit of pink if we look at your tie very closely. if you want to know what's happening in the markets today, hold on, ubs, the valentine's day gdp's massacre. >> yes. >> because if you look at when it's japan shrinking at an annualized rate, germany coming in on quarter on quarter, france coming in -- well, we know they had a recession earlier in the year, as well. minus 0.9% on the quarter been minus 2.7 on the year. >> oh, that's brutal. >> it's the sixth consecutive contraction and that match tess recession of 1992 to 1993. the minus 0.9, it was forec

in europe so we invited to bunch of forty of those. and. after dinner he said well now that you've got some some food by the commission you only saw things you have to do something for me people sometimes think that the commission comes up with ideas out of the blue pushes them it's not a tool traditionally is thirsty for ideas from the act. it's too hopeless to decide what to put food in the interests of europe. this is where the idea of creating a network of association and companies pushing for the trade in service is use by the private sector came up and became managing director of the open services for. relief. in general to nine we had. eleven months to prepare seattle first every cio ministerial conference after the creation of this organization in action at four and the idea was that this meeting is going to lounge the millenium brown that's so you know britain had so much push for. brits and never got to see how tall the inter commission had to resign because of the massive fraud several commissioners were involved in. the millenni

s from some of the biggest companies in europe. it was a political manifesto written by these industry leaders. oh it was a stunning was that these thieves free c.e.o.'s woods would sit down and actually write. a report that was a detail set of recommendations for how to change the face of europe. me spirit. i finished my job in the commission in april nineteenth one thousand. and ninety cited that may be said best place is actually where the money is so i went to the open banking federation. and i started to learn to be an open just plain. stupid. a long time nine years and you can thank you for duration and i started also to discover. an additional work to europe which was. international trade. mission. the only leader here anything worth. going your book read on. but you know the industry's. yeah i mean if you obviously need to have a lot of contacts you probably find a figure of five hundred person which i will keep in mind. that you feel very good a commitment will i mean my job i describe it as a network as a fascinating time

in europe so we invited the bunch of forty of those. and. after the dinner he said well now that you've got some some food by the commission you only saw things you have to do something for me people sometimes think that the commission comes up with ideas out of the blue pushes them it's not a tool traditionally is thirsty for ideas from the actons to help us to decide what to put food. this is where the idea. creating a network of association and companies pushing for the trade in service is used by the private sector came up and became managing director of the open services for. relief. in general nine hundred eighty nine we had. eleven months to prepare seattle first every cio ministerial conference after the creation of this organization imagine at four and the idea was that this meeting is going to lounge the millenium brown that's so you britain had so much push for. britain never got to see how to turn commission had to resign because of the massive fraud several commissioners were involved in. the millennium round itself took a compl

s from some of the biggest companies in europe. it was a political manifesto written by these industry leaders. oh it was a stunning was that these days free c.e.o.'s would would sit down and actually write. a report that was a detail set of recommendations for how to change the face of europe. think you're. right i finished my job in the commission in april nineteenth one thousand. and ninety cited that maybe suppressed place is actually where the money is so i went to the open banking federation. and i started to learn to be open just. used to be my house worked a. long time nine years in the open banking for duration and i started also to discover. an additional work to europe which was. international trade. the illegal. anything worth. knowing your book read on. but you know our industries. yeah i mean if you obviously need to have a lot of contacts you probably find the figure of one hundred person which i will keep in mind. that you keep your thirty year commitment. i mean my job i describe it as a network as a fascinating ti

a nato that wanted to do for eastern europe and central europe what nato had done for western europe, to provide a platform and a basis for a democratization for building up the economic vitality and capitalist systems that we saw occur over the last 20 years for countries like poland, and the czech republic, and hungary, and then the baltic states, and romania, and bulgaria. and even croatia and albania became vibrant places of western democracy of, of market economics and nato members. >> if you look down from mars on earth the bulk of the nations with free political systems and free economic systems that are close friends and allies of the united states and canada are in western europe and, uh, what they're gonna have to do is to recognize that, that it obviously remains important to defend the needed treaty area. >> originally founded with 10 member states, nato now comprises 28 nations and scores of partners who contribute military personnel and equipment to its ever widening missions. >> there are many global partners and they are part of an increasingly dense security network t

s from some of the biggest companies in europe. it was a political manifesto written by the synastry the us. eat. oh it was stunning was that these two sri c.e.o.'s boards would sit down and actually write. a report that was a detail set of recommendations for how to change the face of europe. and experience that. i finished my job in the commission in april nineteenth one thousand. and ninety cited that maybe suppressed place is actually where the money is so i went to the open banking federation. and i started to look to be open east. and. used to be and i have worked a. long time nine years in the open banking for duration and i started also to discover. an additional work to europe which was. international trade. everything. thank you. but you know our industries. yeah i mean if you obviously need to have a lot of contacts you probably find the figure of five hundred person which i will keep in mind. to make. sure that you gave me a very clear. commitment. i mean my job i describe it as a network as a facilitator and as an amba

please booklets are inside missing links missing networks and resave in europe. may take the first two publications going through them something strange about them somehow they look so familiar. euro tunnel. scanning. peyronie's corridor. i go to the archive. at. the t. and projects by the commission. i go through the papers compare them back and forth. striking similarity. projects are almost identical. commission seems to have copy paste. the year two proposals. now i'm really curious reshaping europe. a meeting in dublin has mentioned forty five c.e.o.'s all from multinational companies representing billions of euros of turnover. companies like fiat's the farce british petroleum kirkstall nestlé siemens shell unit lever and many others all of them supporting what is in this book. the authors freeze c.e.o.'s. show mono girl and hummer and visit decker. living in the netherlands a new vista decker he was the head of philips one of the largest companies in the country. and i was the head of volvo a car producing company. and showman nor was the head of lee hones

europe is back on the radar again. doesn't mean you can't look for domestic opportunity, but you have to recognize that internationals and banks, they're going to be a little uncertain for some time to come. stay with cramer. >>> coming up -- room service? is it time to book some room in shares of starwood hotels? from the saint regis to the "w" cramer is checking it out with the ceo. for over 75 years people have saved money with...ohhh... ...with geico... ohhh...sorry! director's voice: here we go. from the top. and action for over 75 years people have saved money with gecko so.... director's voice: cut it! ...what...what did i say? gecko? i said gecko? aw... for over 75 year...(laughs. but still trying to keep it contained) director's voice: keep it together. i'm good. i'm good. for over 75...(uncontrollable laughter). what are you doing there? stop making me laugh. vo: geico. saving people money for over seventy-five years. gecko: don't look at me. don't look at me. >>> tonight we're circling back to cramer fave st

with your approval therefore my gavel to europe. the internal market of the room was becoming any very important market rich market was a high g.d.p. per capita and that when the european union was going outside and negotiate as a bloc they had a real power because it was a biggest exporter the biggest importer the biggest foreign investor. but so in britain the trade commission of european union was complaining that i with every time he was going to negotiate with the united states in front of him we see is counterpart over here you have your office and garden audiences for three or four years and on his back he has c.e.o.'s of big bangs a big insurance company telling please do that for me please do that for us but winterland britain was turning his back to see where this report was he was actually having only some ministers saying don't do this don't do that and please do that it only but not more and he was really not very happy you know because we discovered that there is a whole world of lobbyists in washington to tell their g

an additional word to europe which was. international trade. the illegal. anything worth. going your book read on here. but you know our industries. yeah i mean if you obviously need to have a lot of contacts you probably find a figure of one hundred person which i will keep in mind. that you keep a very clear commitment. i mean my job i describe it as a network as a fascinating time as an ambassador and from want to be an ambassador you have to know who you have to talk. to i can say that i would present around eighty percent of all services exporters and investors. as a turnover. let's say fifty percent of the g.d.p. of european union. i don't really believe in to. it's part of it but most of the time you will provoke chants and then it's going to be up to you to see the open. when chatting. in december one thousand nine hundred three the n.-g. o. network i worked for had its annual meeting and the meeting was to take place in brussels. we were very impressed by what we had found out about a year t. and its influence that time there were no academic studies that showed a

s from some of the biggest companies in europe. it was a political manifesto written by these industry leaders. meet oh it was a stunning was that these days free c.e.o.'s would would sit down and actually write. a report that was a detail set of recommendations for how to change the face of europe. think you're. right i finished my job in the commission in april nineteenth one thousand. and ninety cited that maybe suppressed place is actually where the money is so i went to the open banking federation. and i started to look to be an o.b. just. used to be my house worked a. long time nine years and you can bank in for duration and i started also to discover an additional word to europe which was. international trade. the elite here anything worth. knowing your book read them. but you know our industries. yeah i mean if your office we need to have a lot of contacts you probably find a figure of five hundred person which i will keep in my job. to make. sure that you keep. your commitment. i mean my job i describe it as a network as t

and europe. you're building up all kinds of properties including a couple here in new york and these are high-end or upper scale hotels, correct? >> higher scale. liz: you only do that when you believe an economy is coming back. >> we do. barring something unforeseen that will set us going backwards from washington which we do not think we will we get, we think the hotel business will be in sight for a stronger run. not a lot of hotels coming on for 14 or 15. that should be a four or five-year good run. we'll start with the wind at your back. we hope for great things. we had a great december in manhattan. we talked about three ground breaks in 24 hours. a lot of fun. a lot of jobs for the city and we're very excited about that but we're also seeing that continue into 13. we have a new project breaking ground in washington. we have one at our global headquarters in rockville, maryland. we announced one in dallas and one in mean knicks and it goes on and on -- phoenix. we have 20 in the next 12 to

in europe so we invited the bunch of forty of those. and. after dinner he said well now that you've got some some food by the commission you only saw things you have to do something for me people sometimes think that the commission comes up with ideas out of the blue pushes them it's not a tool could be thirsty for ideas from could not be acton's to hopeless. to decide what to put food is in the interests of europe. this is where the idea of creating a network of association and companies pushing for the trade in service is use by the private sector came up i became managing director of the open services for. relief. in general to nine we had. eleven months to prepare seattle first deborah cio i mean it's your conference us as a creation of this organization imagine at four and the idea was that this meeting is going to lounge the millenium brown that's so you britain had so much push for. britain never got to see how tall the inter commission had to resign because of the massive fraud several commissioners were involved in. the millennium r