i haven't confirmed that from "der spiegel" myself. that is one of the big bones of contentions, worries about one of the big players in the eurozone, germany in particular. that really shields them from the losses of other countries, like greece, spain, italy, portugal, some of the more tempermental countries. that would give them a little bit of a safety net with. that we certainly saw everything bounce back here on wall street overall. we have had extreme selling on wall street. you could argue an oversold story. we saw all up arrows. not only equities but commodities. oil and gold and 10-year, 1.81%. there is a correlation between 10-year bond and equities. every trader here on wall street has been watching, 1.78 and 1.80 on the yields. saying there is direct correlation between equities and bond yields. as yields go up so do equities. if it falls below 1.8% that would be a worry. liz: let's get to brian battle on the floor of cme. i don't know if the "der spiegel" news made it to you in chicago. either way there was optimism from

"der spiegel" focuses on the survivors as well. the number of survivors is going down year-by-year. the last witnesses of the nazi crimes against humanity are disappearing. many of them say that they hesitated to talk about their experience for a very long time because they were afraid nobody would actually believe them. "der spiegel" meets 19 of these survivors and tells their tale. >> another big story out of greece, this new radical, and highest guarantee -- new radical, anti-austerity government. >> it has shaken up greek and european politics. people in the european car deal -- lots of people are expecting a major showdown between greece and europe, as they try to renegotiate debt. the recent he was elected in the first place is because greeks wanted to say no to austerity and no to angela merkel, who has bitten back, saying there is no way she will let them play the injustice card. she wants to make sure that this idea doesn't go around that heartless europe with germany in the lead has been oppressing the greeks. the greeks need to be fair with europeans because europeans hav

>> one of the things discussed in the der spiegel story as has been discussed in previous reporting, it's one thing when nsa says we're going to implant malwear on the networks of north korean intelligence, that's all their job and in the game. but we found that in order to preserve their ability to get any communication in the future they're doing the same sort of thing to large corporate networks to telecommunications companies. just in case there's some user of that network they need to be able to spy on in the future. and that seems much more dangerous one because it involves you know creating insecurity for the communications of lots of ordinary people but in particular we see the way this attack happened was nsa was actually having trouble getting in. another intelligence agency had used malwear to get into north korea's network nsa saw it and kind of piggybacked on that attack on the back door they created. well you know there are other smart people in the world who don't work at nsa and so you have to ask isn't it possible that by planting these back doors, by implanting malw

we really began to take off half hour ago, just about the time, "der spiegel" a german magazine, came out what it says compromise solution between the european central bank, whether they come out with a qe program and german central bank. as you might know, there is european central bank, but every individual country has its own central bank and germany didn't want to bail out companies that might go down. according to "der spiegel," the national central bank and icb proposal will only be allowed to buy the sovereign debt of their own countries. qe means the central bank will buy individual bonds of countries but if the european banks are only going to buy their own country, the german bank would not be a in danger if other banks go bankrupt. that means each national central bank alone will carry risk of a possible default by the government. germany, which of course is europe's paymaster in many ways, will not have to bail out another country if it goes bankrupt if it defaults this is according to "der spiegel." we have not independently corroborated bit but it seems to correspond wit

i will recap the "der spiegel" story. they said not only was angela merkel's government not only were they planning for contingency, but they thought a greek exit would be manageable. before, you remember this from being down in athens in 2010, the idea that greece would leave was never officially acknowledged. it wasn't even contemplated. that is the big shift. they've said they are not going to comment on speculative scenarios. a junior member of the coalition says he is not aware of any contingency planning. the head of merkel's party said he couldn't see a scenario where they would be doing contingency planning. all that is not a firm denial of the "der spiegel" story. that is that they are planning and can live with a greek exit. >> in the last hour, we spoke to an analyst in athens. he was saying, people on the street are talking about this and it may influence the way they vote. he was saying, it would be insane not to think of a plan b. i'm talking about the german government. >> governments always have contingenc

i read the news in der spiegel magazine while i was at university in germany. i could not believe it. my mother had been taking food and money to the jail every day because they told her mohamedou was in there. i called my family and told my brother was actually in guantÁnamo bay, but they did not believe me. they did not believe me until 2002 when they got a letter from my brother from the prison in guantÁnamo. >> that is yahid, the brother of mohamedou, who is still in prison at guantÁnamo, over 12 years without charge. colonel morris davis, you referred to slahi as a kind of forest gump. what do you mean? >> as was mentioned earlier, he went to germany, was in and around hamburg. the hamburg cell of al qaeda was affiliated with 9/11. he was in montrÉal, which was in and around the millennium bombing plot. he turned up in places where there were significant events related to terrorism that were taking place, kind of like forest gump. anytime there was historical event, somewhere in the picture, you would see him in the background. slahi was kind of the sa

. >> "der spiegel" says these are the faces of losers, and it really tries to understand the reason why these young men and others would want to declare war on europe. now, another french magazine focuses on the wife, how yet boomer hayat boumedienne. >> let's wrap up on a different note hollywood legend is on the french "vanity fair." >> at is right, clint eastwood is on the issue called legacy of legend. he gets an exclusive interview to "vanity fair" in in which he talks about politics love, and war. his latest film is called "american sniper," and it has been making records at the box office. it has been nominated for six oscars, but it has contributed to scandal and bickering full stop it based on the relies of an american -- bickering. it is based on a real-life of an american, chris kyle, something he is a hero, others sayp÷

you'll get y -- you look at "der spiegel." >> the odds are even for greece to exit. they have the vote. it's the opposite party gets a victory that would be the current prime minister. the is warning that if they get a victory, greece will default and leave the euro zone. which would be a disaster. you can't keep bailing out a country that does not want to do the hard -- >> the d to dugh decisions. >> in other news, a macau casino is the listing from shanghai that is -- is delisting from shanghai. the value in the past year -- they lost a total value in the past year. it was an offer before christmas for $30 a share. they are valuing at $3.1 billion. you cannot justify a higher bid. you expect the third of visitors to come from china. samsung is moving from smartphones to tvs. to maintain a challenge to google the first tv powered by software will be displayed as week in las vegas -- this week in las vegas. samsung wants to reinvent itself and in a top $7 trillion -- they may top $7 trillion. speaking of smartphones, china's largest smartphone maker enjoyed 2014. thi

what everyone was paying attention to this weekend was the report in der spiegel. it is hard to tell. is this the good german government tried to telegraph something -- is this the german government trying to telegraph something? >>the idea that a greek exit from the eurozone is "manageable." >> i think that back in the debt crisis, there were a lot of articles coming out in der spiegel. to some extent , for domestic consumption. i think it is also a way of heightening the rhetoric on their side in anticipation of negotiation with the greeks. this is going to be tough. we're going into a general election. this is going to be the interesting to watch. >> what is going to be the interesting thing to watch? >> house or issa interacts with the eu in public. >> you own greek debt, but not the public-sector debt? >> that is tough to buy. you have to go to the imf and say, can i i your greek loans? >>it is trading like a stock now. greek private sector bonds are trading at the athens equities. >> would you at this point by protection on portugal? >> it is getting more exp

the document was labeled top secret and posted online by der spiegel. we were able to repurpose it big win that's computer jargon describing what's called a zero day program in this case planted by someone else, a program u.s. government hackers then took advantage of. what the document suggests is that the u.s. was deep inside north korea's cyber-hacking unit more than four years ago and knows a lot more than it's saying publicly. >> some serious folks have suggested that we have it wrong. i would suggest i'm not suggesting i'm saying, they don't have the facts that i have. don't see what i see. >> the fbi says even before the sony hack north korea's cyber spies got sloppy more than once, revealing their real internet addresses. the new york times say those addresses were traced to an attack base of chen yang, a highly destructive attack on chinese banks this 2013. according to u.s. intelligence officials first marked north korea as a serious cyber threat. >> cyber is a powerful new room for them where they believe they can exert maximum influence at m

meanwhile, a report in the german newsmagazine der spiegel, based on documents from nsa whistleblower edward snowden outlines how the united states is engaging in extensive preparations for an online guerilla war which -- "threatens to transform the internet into a lawless zone in which superpowers and their secret services operate according to their own whims with very few ways to hold them accountable for their actions." the guardian meanwhile has published a new report based on snowden documents which show the nsa's british counterpart, gchq, collected the emails of reporters as part of its bulk spying operations. emails from the bbc, reuters the guardian, the new york times, nbc, the washington post and the french newspaper le monde were saved and shared with staff on the agency's intranet as part of a test exercise. the agency also listed "investigative journalists" as a threat alongside terrorists or hackers. in switzerland, a whistleblower has been found guilty of violating bank secrecy laws by giving information on offshore accounts to wikileaks. rudolf elmer headed the cayman

documents leaked by edward snowden and published saturday in the german magazine "der spiegel." u.s. military has acknowledged the f-35 program was hacked. stocks in china suffered their worst one-day percentage drop in more than six years. the benchmark shanghai composite index down nearly eight percent. after chinese regulators cracked down on brokerages for breaking rules that limit risky margin trading. u.s. markets were closed. american alpine lindsey vonn is now the winningest woman ever in world cup skiing. she won her 63rd career victory today at a competition in italy. vonn finished the super-g race nearly a full second of austria's anna fenninger, in second place. that broke the women's record for world cup wins that had stood for 35 years. still to come on the newshour. fighting shakes the capital of yemen as rebels are accused of an attempted coup. what can be done to improve security in europe to stop terror attacks. how political divides over immigration reform are affecting families in nevada and beyond. president obama's tax plan to put more money into the pocket

. >> brown: the drop was triggered, in part by the german magazine "der spiegel," which has reported that chancellor angela merkel is "no longer afraid that a greek exit could result in the collapse of the entire euro zone." but a government spokesman today said germany's stance has remained the same. >> since the beginning it has been the policy of the federal government and its european partners to stabilize and strengthen the eurozone, meaning the eurozone with all its members, certainly also including greece. this has not shnged at all. new action to stimulate growth. along the lines of the u.s. federal reserves' quantitative easing of recent years. and we explore this more now with economist jacob kirkegaard of the peterson institute for international economics and kenneth rogoff of harvard university. ken how bad is the overall economic situation in europe and what is the european central bank going to do about it? >> well, growth is zero inflation is zero. the economy does not look bright from here, and the gene central bank would like to stimulate the economy much more than i

the german magazine "there spiegel "d --er -- "der spiegel." vanguard is the largest provider of index funds. the fees are also a fraction of the average mutual fund. >> the tragedy of airasia bad weather is slowing up the search . searchers have found more bodies bent of located sections of the tail at the bottom of the java sea relatively shallow versus other parts of the ocean. ice may have caused the airplane to crash. pope francis and the catholic church out front on a global diversity. new cardinals, nine from the emerging markets, including tonga myanmar, and ethiopia. let's look at equities, bonds currencies, and commodities. futures deteriorate. 10 year yield is stunning. scarlet mentioned a 1.18 handle on the euro. crude oil, i'm essentially speechless. brent crude, $55. euro yen shows not much going on. it is all about dollar strength against everything else. the german government bond. we will talk about eurasia. looking forward to that. the german government bond mimics that of japan. here is oil adjusted for inflation, scarlet. it

der spiegell -- says angela and germany are looking at how manageable eight that is a source of the euro being weaker at this point. greece should exit. the prime minister in his speech two days ago, it might default or leave the euro. and the germans, there is that victory if they were to succeed in the election. a big one for that. meeting have the ucb after the lack of action last month. to announce a quantitive easing on the 22nd of this month. , -- currently so that a low of 1.864. it is towards a nine euros low. dramatic weakness there. up 18.5% in the last few months. , inhe last four months fact, six months even, you can see from this chart that a 12% we this on that euro performance. that shows you the impact all the eurozone. the first country ever to do so. but certainly, you want to follow if greece were to default and leave the eurozone. it clearly makes this weaker because of the uncertainty surrounding other countries. that exit plan if they were to go ahead. >> thank you, john. isdicting revenue for macau not strictly a coin toss or knowing what cars will turn up next. an

spiegel report. you said it was a strategic leak? >> yes the entire uncertainty about greece and the election is you have two competing narratives. you have a narrative of fear and the narrative of anger among the electorate. if it's anger that prevails, the opposition almost certainly win. if it is fear and potentially greek swing voters might worry about what might happen in the future, i would predict the other side wins. what the anonymous german government sources are trying to do is essentially to foment a crisis sentiment in the market and create mayhem before the election on january 25 so they get the election result they want. >> those rascally germans -- is that going to work? you saw the route in the market and the euro tanking after that report. >> so far, so good -- it is bad news for greece in a way that the ecb is also likely to begin quantitative easing at some point in the coming months. what will not include greek assets. we are likely to see much cross-border contagion. as long as

spiegel" that there is no need for such a move now. ubs chairman axel wbeber said he expects the ecb to take action at its next meeting. >> the ecb has already indicated that they would do something. they will not postpone that and announce an action. i don't think it will just be a government bond program. it will be sovereign debt corporate bonds, and there might be some condition on buying the higher graded government bonds in a larger proportion to lower graded. >> we will have more from that exclusive interview later on. >> also coming up, shyer starts the new year with a new deal. after its proposed sale collapsed shire is on the acquisition front. details of that deal, next. ♪ >> welcome back to "the pulse." we are live on bloomberg tv and radio. >> now after a very busy 2014 and an a in the pharma sector is off to a strong start with shire offering more than $500 billion for the us-based nps. here with more is simeon benedict -- simeon bennett. also here is caroline hyde. let's start with you. >> $5.2 billion is the price tag

. >> are you then following the line in their spiegel -- der spiegel, which said, are you following that line? >> probably be german government is very cognizant of putting that message out there so that has a formative effect on some of the discretions going on surrounding greece. in other words, they do not want people to think they will agree to everything just to keep greece in the euro. i think there is a bit of an under-handing game going on in that press story being published, but it is clearly something that has never been done before, and it is clearly something that would be running a huge amount of risk. what it does do, you can talk about the scottish referendum or the post u.k. elections, that people start to question investment in a region, in that case the u.k., and the same with the eurozone. do people start to postpone investment? you people start to become more cautious? clearly, that is not something the resident needs at this point in time. it needs investment and structural reform, and the threat of a greek exit is amenable make everybody back off. >> what does that