the only one around europe. this is very strange because today the reaction is is the italian system is not solid and strong in the bank system. i think this is not correct but today, exactly today, we decided that in the board government and council some about popular banks. in italy there this is tradition of a system of popular banks. very closed to international market and from today we decided exactly that. the first time banks, very important some of our banks are forced to become traditional company and now they are open to international markets and international investors. this is a very radical change in the traditional system. so article 84 jobs market. fiscal system for the international brand if you are international brand you can apply the -- comply -- the compliance in relation with the physical system in italy. this is important because it's very complicated and confused. so with the compliance and relation we change the approach the change of popular banks and the idea of finally if you invest in

across europe. investigators revealing up to 20 jihadist sleeper cells scattered across the continent. some plotting eminent threats. they have been tied to the paris terror attacks. we are breaking down the developments overnight. good morning. welcome to "early start." a lot to get to. i'm christine romans. >> and i'm john berman live in paris. we want to welcome our viewers in the united states and all around the world. it is 4:00 a.m. in the east. 10:00 a.m. here in paris. breaking overnight. new information of a terror threat spans four countries. western intelligence source tells cnn it involves 20 sleeper cells. police in belgium shattered a cell thursday night in a raid. you see police walking by here. secretary of state john kerry has just come to this location. he is now leaving. we'll talk about that in a bit. a raid in the city of verviers. belgium officials say that was one of several raids. in this raid foiled a major attack. authorities will not say, they do not confirm any link with

we have a real economic problem going in europe that europe possibly to -- europe's leaders can catch their breath, they will have to address. >> you have the u.s. economy where everything seems to be going ok. the lead up to the jobs report on friday. liz ann sonders how critical is the jobs report? >> i think a path of continued strong job growth will continue the path to tightening in the middle of the year. i think it is more about that they want to start the process now. they want to put bullets back in their gun for future use in the events that we have problems. they are not turning a problem -- blind eye to deflation. >> keep your powder try, as well. liz ann sonders think you so much. our thanks. bloomberg surveillance on radio continues. "in the loop" is up next. ♪ >> good morning. you are "in the loop." we begin with an update on yesterday's shooting in paris. two suspects are still on the run. an accomplice gave himself up to police last night. authorities have released photos of the two brothers suspected in the attack on the magazine office. they have been spotted in n

knows, you know once you're in that region in europe you can travel right across europe without any kind of check on who you are what you're doing and so on. and a nice thing, but i think that's going to possibly change, certainly if there's another incident of this kind. >> very good. well, we're out of time. any wrap-up comments very very briefly? >> oh, just to thank you all for coming here again and keep answering the survey each year. [laughter] >> yeah. go on each of the web sites our own cfr center for preventive action international crisis group and control risk and get more on this topic. thank you very much for coming. have a great day. [applause] [inaudible conversations] >> friends colleagues countrymen and especially the people of ohio's 8th congressional district, thank you for sending me here, and let's today welcome all of the new members and all of their families to what we all know to be a truly historic day. [applause] .. >> c-span2 providing live coverage of the u.s. senate floor proceedings and key public policy defense. and every weekend booktv now for 15 years

in europe, 3% of gdp. when you're in a situation in which credit doesn't is not going to work the same way it did before, we cannot have debt growth of the say what we had before. we cannot look at it the way we did before. the interest rates cannot decline. yet, let's not look at data growth as a solution. that means you can spend with a debt or money. money is more important. when we see transactions, the ecb policy, it needs to have more molly -- money into the system. it can produce more purchases. it means when the 2 levers interest rates and currency. when the interest rate lever does it work currency becomes more important. we see more volatility in currencies. we much see it depreciate further in the euro. we have not seen it in the yen. the average cost, it must be structural reform structural reforms are important. a southern european after adjusting a worker after adjusting for the amount of time they worked, vacation time, the work week, retirement age, it is about twice of where it is of an am

because of the recession in europe. i was in paris staying at the most expensive hotel in paris. you walk into the lobby and see -- >> hold on a minute, brian moynihan. good morning. did you just hear that? >> we get great discounts ok? corporate travel. >> you see two red giant basically, polar bears. you don't know if it is christmas decoration or art. it was explained to me by the manager there may to basically attract russian tourists. except, there were no russian tourists because of the collapse in the ruble. the dining room was empty, the lobby room was empty. the russian crisis is basically hitting hard for luxury travel especially in europe. >> let me talk about air travel. ♪ every night in my dreams ♪ it is all titanic. it is jack and what's her name rose on the bow. there is the madness of what the business class ticket costs. >> i will take your "titanic" and raise you. i think there was -- megan is right about this. if there's sufficient competition. i don't think we know there is sufficient competition

you know this is unchartered territory for europe. i just cannot tell you where it's going to go. >> and paul you've been doing excellent reporting for us in what went down today. you see the video. you hear the prolonged sound of gunshots clearly. it was an extensive situation. >> it perhaps suggests they were confronting a heavily armed group. that this went on for some time. they needed to newlyutralize the threat. we understand people have come back from syria, people who fought on the front lines in syria, experienced in urban warfare and fighting with isis. and the belgian security forces today are having to fight these -- what we hear are isis coming back. the war in syria and iraq is playing out in just the last few hours in europe in the eastern part of the country of belgium. >> tom fuentes is with us as well. you see this battle going on. clearly looks like the suspected terrorists in this town they were pretty well armed because the police did not have an easy time going after these guys. >> that's true. we've seen it with

europe on edge. just a bit more than a week after the terror attacks that hit this city hit paris, an anti-terror raid in belgium over the last few hours. two suspects are dead one is now in custody. belgian officials say this was targeted against an operational cell operational terror cell that was planning imminent attacks against targets inside belgium. this terror cell was made up of people that had return ed from the fight inside syria. they were heavily armed. police raided where they were. these men came out firing. two are now dead one is in custody. belgian officials gave a brief news conference giving indication their investigation and anti-terror operation is still very much ongoing. we have dramatic video of this raid as belgian law enforcement confronted this terrorist cell. watch. >>> you can see the fire, see the smoke, hear the gunshots in this town of verviers in the anti-terror operation that killed two presidentkill ed two suspects. one is in custody. just moments ago, belgian fish

ny due tails of the raids in europe. sources telling us that members of one cell are still at large. hi, i'm jay farner, president of quicken loans. and we're here in detroit with our amazing team members. the best part about working with quicken loans is that you have a mortgage expert on the other line that's always gonna find out the best possible solution. we just don't treat you as a loan number. we wanna make sure that we help you out. we're people just like them. ya know, and we know that they have jobs, they have kids, they have soccer. their home is where their heart is. so we wanna make sure that we take care of them. call quicken loans today for a mortgage experience that's engineered to amaze! [container door opening] ♪ what makes it an suv is what you can get into it. ♪ [container door closing] what makes it an nx is what you can get out of it. ♪ introducing the first-ever lexus nx turbo and hybrid. once you go beyond utility there's no going back. when the flu hits, it's a really big deal. the aches.

this is a europe wide problem, issue. and a europe that is 10-15% foreign board. first, second generation. foreign generations. these are issues that europe has not had to deal with in a long time. >> the united states has been 10-15% foreign born. we have tensions over it. why is the manifestation different? >> you know i hear this all the time when i was at the department. the american model. it is a dream for many countries. you guys figured it out. what is the secret. what have you done. the answer is the same. it's not that we figured it out. but long ago the political leaders decided the direction that the country would go is multicultural, military ethnic and face. that's a tradition of separation of church and state. there are systems, a framework put in place that i think supports that kind of approach. these are issues that many european governments have yet to grapple with. there are certain governments - belgium, france among them that have not fully politicly absorbed what they are dealing with. i think, you know with all due respect to the integratio

and europe. however if you look forward it's going to be the place you have to be because the rest of the world is underweight europe. money will go there. >> josh brown? >> i like what weiss had to say and agree with him and add i think he's playing it the right way with addj, they actually wait that index etf looking for companies that are big exporters. european companies but not tied to the european consumer. that's number one, number two, the consensus trade into year end was don't bother with anything but the u.s. unfortunately, that is now not working. the s&p is directionless. the only strong stocks there are the utilities. if you look at eem, i don't want to rain on anyone's parade, 5% year to date, look at vgk, europe, up 1.5%. there are other polices to make money. mot all s&p all day long call it a day. >> bring in two guys who have different opinions as well, art hogan, chief market strategist with wonder lick securities and arguing the u.s. is the best place to be. jeremy schwartz a

this is a europe wide problem, issue. and a europe that is 10-15% foreign board. first, second generation. foreign generations. these are issues that europe has time. >> the united states has been 10-15% foreign born. we have tensions over it. different? >> you know, i hear this all the time when i was at the department. the american model. it is a dream for many countries. you guys figured it out. what is the secret. what have you done. the answer is the same. it's not that we figured it out. but long ago the political leaders decided the direction that the country would go is multicultural, military ethnic and face. that's a tradition of separation of church and state. there are systems, a framework put in place that i think supports that kind of approach. these are issues that many european governments have yet to grapple with. there are certain governments - belgium, france among them that have not fully politicly absorbed what they are dealing with. i think, you know, with all due respect to the integration, not integration debate. french muslims, to some ext

there are parts of europe that that is not the case and that is probably the greatest danger that europe faces which is why as they respond as they work with us to respond to these circumstances, it is important for europe, not to, simply respond with a hammer and law enforcement, military approaches to these problems, but there has to be a wreck -- recognition of the ties and a french african and french values and sense of opportunity, that is going to be as important if not more important over time solving the problem. and i think that there is a wreck on recognition in europe. with respect to the issue of intelligence gathering and encryptions, this is a challenge that we have been working on since i've been president. obviously it was amplifyied when mr. snowden did what he did. it is off of the front page of the news but we haven't stopped working on it. and we are in dialogue with companies and systemically worked throughways we can meet privacy concerns and also meet the very real concerns that david and i identified and my fbi director jim combe identified social network and that

it's breezy europe closer together -- it brings europe posted together. it is bringing people together. >> that's evidence of the last 24 hours. you need to go back to the economic story and the lower- middle-income limits of society at the moment. you cannot exclude the 2, not mutually exclusive, and that will be one of the critical debates. the economy, how to integrate minorities and the french parties, part of the same story. this is part of the story. it is going to have a meaningful impact. >> caroline has arrived at the deck and shooting site -- has arrived at the second shooting site and she will join guy. equities are up. gains by tesco. if you want to continue the conversation, i am twitter. good luck for the rest of your day. ♪ >> a massive manhunt underway in paris. french authorities continue to search for the two main suspects in yesterday's shooting. prime minister manuel valls says preventing another attack is the main concern. another shooting this morning, two police officers said to have been shot in southern paris. the authorities ar

>> is the question that we cannot afford to have you week in europe? -- qw ine in europe. it is necessary, but is not sufficient. >> are you saying that we are not as imaginative as the u.s.? i am joking. i think it is an emerging market in terms of growth. i'm very positive of the u.s. i'm a lot less negative on europe than most americans. allow me to use this example. we waste $9 billion, a lot of that came from the american, and may i say very smart money. we see a lot of investment in europe. i think the biggest challenge is unemployment and getting the recovery to be broad-based. when we do structural reforms and i was happy that i was not want to bring it up, we have , spain has created 3000 jobs. growth is up to one half 2.5%. we need complementary economies. we cannot all do the same. talking to my customers, i make loans to companies that create jobs. they have aspain has a very robust motor market. we have more productive factories of the same company in spain and in germany. i don't think all is lost. we need to do more. i am confident though that europe will ma

europe, the countries in europe work very closely not only with bilateral one on one relationships but they also work through interpol through other organizations to make sure all of the information, criminal organizations, terrorist organizations, drug cartels get spread to all the other nations. >> i think we should be bracing for a lot more of what we are seeing in belgium right now. we have been seeing it in france in recent days. operations to go ahead and pre-emptively deal with what they see as the sleeper cells, right? >> i think that's right. i think one of the things that we see in belgium is an opportunity to put france in perspective. the belgian population 11 million people some estimates have as many as 300 returnees from the battlefield in syria and iraq. you can multiply that if you go to france. if you look at that magnitude of threat and assume that at least some of those people coming back are going to be engaged in the things you saw in belgium today, you have to believe security services after paris aren't going to wait too much longer. if they see a cell they will

those are cherished, cherished ideas in france and in europe as they are in the united states. but in europe there has been a complicated kind of mix of feelings about the question of freedom for european values and how that contrasts with what are perceived as the what would you say? the negative values of islam. which, of course really don't hold true. most of the muslims who are in france, in europe came here searching for more freedom, not less. they just want their own religious beliefs and their own personal lives to be respected, which they generally have been. but what you have to some extent with the extreme right here certainly with the extreme right in germany, which had huge anti-islamic demonstrations, and other parts of the world. but all parts of europe is this line that because muslims are intolerant, we cannot tolerant muslims. this will greatly exacerbate that debate and will make it much, much worse, much more -- not necessarily violent, but much more venomous. and i think it's really this is a watershed and a very negative watershed in muslim secular relatio

syria and iraq brought home to europe. those returning fighters attempting to carry out jihad on western soil european soil following training and experience on the ground in iraq and syria. >> absolutely. although of course coulibaly expressed allegiance to isis. it's all kind of a confusing mess. jim sciutto, thank you so much. let's bring in former secretary of homeland security under president george w. bush michael chertoff founder of the chertoff group, a global risk management advisory firm. secretary, thanks for being here. this was the big fear that's been talked about ever since isis was born is that these foreign fighters going over there from europe from the united states would come back and obviously there is still so much we don't know b according to belgian authorities, these individuals went to syria, came back and were plotting something. >> we have seen for months now a steady flow of westerners going to syria and iraq and fighting there, and then coming back and that's been a pattern literally over decad

how does europe confront that? >> well sweden has had the most liberal policy toward welcoming migrants from syria and from iraq and as a consequence, the swedish democratic party which is swedish, but it's surely not democratic, like the french national front, vigorously anti-immigrant and is now working very hard with the position in parliament to change those policies. you see this with the uk independence party even though the british economy is doing better. across europe you have the growth of these parties that are fundamentally nativist. they're also very euro skeptic. i wouldn't say they're working together, they all focus on the national basis. but this is really making it much more difficult to govern europe. and it's not as if they're doing well economically they need more political cohesion between germany and the periphery to deal with their broader economic challenges. this year is the year it precisely will not happen. and the headlines we see coming out of france today make it much harder. >> ambas

all across europe now. we are seeing that it has happened. >> the more they segregate communities, the more the right-wing in europe. even in france. in italy. in in the uk. in sweden. as we saw. the more they segregate them. the more they will crush them. the more these commune thee will be vulnerable actually to to radicalization also the ideology. to propaganda. especially people that are borderline -- with krifscrisis of identity. very easy for them. then you will have a serious problem. >> so i thought it was interesting. that reza said. long conversation before we went on the air. this was just religion. class and culture. y have problem with it. europe has a much greater one. and, muslims in in britain. living in communities. they don't feel part of britain. in france more than anywhere else. unless one has a since of belonging to a community. a since of opportunity. then i think people do feel. >> that makes them easy targets for recruitment and radicalization. >> absolutely. i am european actually.

not in europe. what happens in europe after the first world war. essentially, yes the losing empires lose and they implode. right? russia ottomon empire hungary in imperial germany. obviously those guys didn't get the good part in the deal. but even if you sort of think in terms of the french and the british who won, yeah, essentially what happened in europe and africa well their empire basically vanished. this is the largest extent of the british empire is after 1919 not before. and even though woodrow wilson is trying to talk about self-determination and move beyond the era of ottomon empires, it's not happening immediately. in the east, not in the middle east certainly not in africa. but i would argue that it is very much happen inging in asia in a way that's quite shocking. you see this -- remember this quotation. just remember, again, the degree of interest in asia in the modern 19th century. the degree to which these great european empires are plugging on to the chinese economy. it's not a formal empire. but they're excited about the growth p

and that no one in europe forgets our history. we cannot walk on by. so we will continue to put pressure on russia to resolve this crisis diplomatically. and at the same time, we'll continue our efforts to support ukraine on the path of reform including with financial assistance. we also reaffirmed our obligations as nato partners to stand by our allies and will be committing an additional 1,000 troops for exercises in eastern europe this year. on iran, we remain absolutely committed to ensuring that iran cannot develop a nuclear weapon. the best way to achieve that now is to create the space for negotiations to succeed. we should not impose further sanctions now. that would be counterproductive and it could put at risk the valuable international unity that's been so crucial to our approach. we also have to keep pace with new threats such as cyber attacks. we've discussed that in the last two days. and we've today agreed to deepen our cyber security corporation to better protect ourselves. finally, we face, the entire world faces a growing threat from

in europe it has been 3% of gdp. when you're in a situation in which credit is not going to work the same way as it did before, we cannot have debt the way it was before. -- we cannot have debt growth the way it was before. the interest rates to bring down debt service payments cannot decline. let's not look to get debt growth as a solution. you can spend with debt or you can spend with money. we need to have more money into the system. money can produce more purchases. it also means that when the two levelers are interest rates and currency, when the interest rate lever doesn't work, currency becomes more effective. we must see more volatility in currencies. the average cost of structural reforms, structural reforms are important. the average cost of eight -- of a southern european, after adjusting for the amount of time that they work, vacation time, the workweek, retirement age, is about twice what it is of an american worker. so it is expensive. either that will lead to structural reforms in the form of changing

europeans against islamization of europe. yesterday people felt that it was sort of outrageous because one of the main representatives of the anti- muslim movement in germany, they tried to capitalize immediately on what happened. i think that many people understood the game. they really understood the game and they felt really outraged by this. in my opinion this is outrageous, to use this horrible massacre for political reasons to try instrumentalize it on the same evening, it goes a bit too far in my opinion. >> interestingly, they were a bit wiser there. they in fact issued their grief and condolences to the victims. i would like to come back later to the larger european issues. let us now take a look more closely at france. france does have the largest muslim population in europe and it has, as you mentioned seen islamist violence in the past. let's take a brief look at some of those incidents. >> it is not first time that france has faced severe terror attacks. in the 1990's a group struck repeatedly including at a jewi

while europe responds the u.s. braces as the homeland security chief says today we are in a new phase of terrorism. so what is he doing and what is the administration doing and what is congress doing to try to stop the next blast or siege or some other disaster on american soil? good afternoon. i'm jake tapper. welcome to "the lead." we will begin today with our world lead. as many as 20 terrorist cells and anywhere from 120 to 180 accused terrorists could be ready to strike at any moment according to a western intelligence source. but while these alleged terrorists move in the shadows, today in france germany, belgium, counterterrorism agencies swept in on suspected jihadi units. already operational inside their borders, they say. in britain, london police detained an 18-year-old girl on suspicion of terrorism offenses. this as in france germany and potentially even ireland, police executed terror arrests of some kind or another. the breadth of this terror crackdown and the speed of these developments is just star

clearly, we continue to have security interests in europe and security threats to europe. the recent crisis in ukraine over the last year illustrates that. and so part of our force presence is to work with and reassure our nato allies who we have treaty obble gags to defend in europe. but also it's important to note that europe is a critical platform for u.s. military operations, particularly in the middle east and north africa where european facilities, bases, and capabilities that we station in europe are absolutely critical to military operations throughout the middle east and north africa and, in fact, the world as transit points to asia and elsewhere. so i think our military presence of course has come down in europe significantly since the end of the cold war over the last quarter century but maintaining a strong, robust force presence in europe is absolutely vital to our national security interests. >> do you think with the e.i.c. process it would be better to face the infiltration throughout europe? >> i'm not sure i understand the question. >> with the e.i.c. proc

or europe. >> we only have 10 seconds. who is the one person you would like to have a nightcap with? a politician or a big ceo. >> i would love to have jack ma. politician, i would go to sleep. >> thank you so much. >> really nice. we have plenty of big hitters coming up throughout the day here in davos. for now, back to you. >> thank you very much. he is a big fan of alibaba. >> jack ma in davos. didn't soros say yesterday that he is the ceo that most ceos want to meet? >> yes. you can join in the conversation on twitter. plenty from that interview with maurice leavitt -- levy. we will take a short break and see you in a couple of minutes. ♪ >> time for today's company news. jamie dimon has received his first cash bonus in three years. he is getting a $7.4 million cash reward for 2014 on top of $11 million of stock rewards and a one point $5 million salary. his previous bonuses were limited to stock after he was criticized after the handling of a trading debacle in 2012. lloyd blankfein reportedly made $24 million last

europe. >> thank you very much. >>> massive terror attacks disrupted. we have new information on what the united states knew about the plot. >>> how easy it is to make the deadly explosives found in the terror raids. >>> we're learning more about the sleeper cells. as many as 20 of them. there could be 200 militants. efforts to develop a more sophisticated bomb to elude western screening. she inspires you. no question about that. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain as it may cause an unsafe drop in blood pressure. do not drink al

>> hello and welcome to "focus on europe." thanks very much for joining us for our very first program of 2015. 2014 was a tough year with plenty of challenges facing europe, and this year, there's no sign they are going away. on today's program, in serbia, fighting for russia over ukraine. in poland, fighting for a living wage. while in britain, fighting for more re-time -- free time. as tensions grow between europe and russia because of the ukraine conflict, european countries with close relations to moscow are finding their loyalties split, and that is particularly the case with serbia -- traditionally a close ally of russia, but the country is also keen to join the european union. some of those who have fought on russia's side are serbian nationalist. reporters got exclusive access to some to find out why. >> dreaming of a new and more powerful serbia. at 21, he is a bookseller by profession, but like many young serbians, he is out of work. he does many odd jobs to keep his head above water. >> i want a better life and for

>> axle is focused on europe because that is where he served. he knows the whole world, but he is choosing to emphasize structural problems in europe. any of those people you mentioned -- >> the real burden is they think unless portugal and greece become as competitive to switzerland and germany, nothing new will happen. greece may need a full-scale transformation. italy can grow even without complete transformation. >> janet yellen's world changed. we do not have a ruben dollar yet. >> think about how much the dollar came down and how much things have gone back. you have lost a lot of ground against the yen. it is above parity. chinese currency has been stable since the dollar. >> you cannot believe the food cost. can i stop the show to say a bowl of soup is $22? i am not kidding. >> you study this for decades. we need to do it better. do you see any impediment to us in the future? things get messed up and we fix it. >> for all of the things we look at, it is amazing how unbalanced. there is an issue in our health care system. we would be bette

we've ever had has no real connections to europe, no real affinity for europe. i think every other president has had some connection. this was her asian president, he's going to give it to asia. this is what happens when you lead from behind and you basically leave allies to do as they please but they have to make their own arrangements. if you're a small country in the middle of europe oftentimes those arrangements are going to be some storm to put some form of accommodation with the bear. i am i was in estonia a couple weeks ago and i see a real possibility that you could have crimea type situation in estonia where there's no russian soldiers going in, no russian tanks. it's literally a handful of russian special operations forces without any insignia taking over a government building in the town on the border. all you would need to all putin would have to do to destroy native is have the estonian government invoke article v, which mandates that an attack on one is an attack on all and have had the portuguese and spanish say no we don't think this is an invasi

police remain on high alert across europe. troops patrolled the streets of major bellgian cities once again. in brussels they are still standing guard outside embassies and the country's national jewish museum which was attacked last year. there are fears that as many as 20 so-called sleeper cells may be activated to carry out terror plots. we're also learning that french authorities have released three women who were detained. nine other people remain in custody. >>> let's get more on the arrests in greece and turn to cnn's phil black joining me now from brussels. what can you tell us about the arrests if greece and why the belgians want that suspect, at least one of them extradited? >> reporter: fredricka we knew that over the last 24 hours or so greek police were cooperating with belgian authorities. and we have heard today that they made two arrests based on information provided by the belgian authorities. of of those two investigators decided here that one could be part of the plot the they disrupted on thursday night. an

europe focuses on this. but we've had more than 60 plots here or successful terrorist attacks, i use the word successful in quotes, since 9/11. so more than 60. we had new york in december we had ottawa, we had sydney. this is the new normal unfortunately. and we have to look at best practices and what we can do to prevent these sort of taebsattacks here at home. >> we've confirmed at cnn that cornell was not in touch with isis. but does that matter? if he had been successful the end result would have been horrific no matter if he was involved with isis. >> i'm betting we'll find out he may not have been in touch with them but i'm guessing he viewed their social media. isis the islamic state, is a social media superpower. that's how they're recruiting people to their cause. you don't have to go over there for training. you can watch it on the video, be self-radicalized home-grown learn how to pull off these sort of plots. this is a real problem because the internet transcends national boundaries. >> certainl

we have sort of steadily made our way outside europe. i am going to try my best to get us even farther. i do want to thank the mcarthur memorial also the hampton roads naval museum and old dominion to inviting me here. it is a personal honor and privilege for me and i think it is a personal honor and privilege for asia to be included on the program of world war i. thank you for that. you guys thought of it because you have mcarthur. i should have made my pilgrimage a long time ago. for us i do realize he is important in the first world war. for us we think of him as the asian general and one who was very much involved in the united states going global and going asia pacific in the 20th century. i think it is very apropo. i do want to speak of the larger issue of war in asia and why we should be worried about asia today. i think we will ultimately get there. just to begin here with my frame of some of you already know of what the japanese are up to during the war. this is one of the enterprises. we will get there in a second. it's not jus

the new europe the former u.s. defense secretary donald rumpsfeld once proclaimed seems as divided as the old one, the only difference now is russia is proven willing to throw its weight around in places it still wields power. up next, the new cold war continues as i go one on one with the man who helped ends soviet communism 25 years ago. so why does he still fear russia today? answers are just two minutes away. >> because i was african american i was trying to fit in >> misty copleland's journey wasn't easy >> dancing gave me the opportunity to grow into the person... i don't think i could be without it >> now, this trailblazer is opening the door for others >> i wanna give back to ballet what it's done for me... >> every sunday, join us for exclusive... revealing... and surprising talks with the most interesting people of our time... talk to al jazeera only on al jazeera america >> a crisis on the border... >> thery're vulnarable... these are refugees... >> migrent kids flooding into the u.s. >> we're gonna go a

and europe made a mistake and europe today is paying the price. because when europe ignored the cancer growing within its body when it was at stage two europe and today it's at stage four and very difficult to control. >> let me ask you what the imam said about this being the true islam, the desire for worldwide sharia in full and complete submission -- hang on, i'm asking bridgette. i thought that was an accurate statement of radical islamist fascism. >> it is. i believe he was more honest than the imam we have on the show right now because islam is not freedom, it's submission. we're not all muslim convert, die or submit to islam. that's the only time live peacefully. even the american-muslim -- of america even sanctioned the killing of those who criticize islam. this is here in america sean. we even have a research study a polling data where they polled in 2012 two years ago they both agree with sharia law. >> thank you for being with us. when we come back we'll talk about these no-go zones. and this type of attack is it possible that it's comi

the new europe the former u.s. defense secretary donald rumpsfeld once proclaimed seems as divided as the old one, the only difference now is russia is proven willing to throw its weight around in places it still wields power. up next, the new cold war continues as i go one on one with the man who helped ends soviet communism 25 years ago. so why does he still fear russia today? answers are just two minutes away. defense secretary donald rumsfeld once proclaimed seems >> a crisis on the border... >> thery're vulnarable... these are refugees... >> migrent kids flooding into the u.s. >> we're gonna go and see josue who's just been deported... >> why are so many children fleeing? >> your children will be a part of my group or killed... >> fault lines al jazeera america's hard hitting... >> today they will be arrested... >> ground breaking... they're firing canisters of gas at us... emmy award winning investigative series... fault lines no refuge: children at the border only on al jazeera america >> feu countries are m

and the security in europe is going to come up. the controversial issue of encryption. what the governments, how much visibility they have into the internet and social media communications the president saying if law enforcement and intelligence services can't see those communications that is a problem. the president also said something very interesting, comparing the threat in the united states and europe as well. talking about the unique situation in his view in this country, the assimilation of muslims, because of the melting pot tradition in this country are, assimilation of muslims in mourn society far greater perhaps than that of europe. there are going to be people that will disagree. let's listen to what the president said on that score. >> the united states has one big advantage in this whole process, and it's not that our law enforce or our intelligence services et cetera are so much better although ours are very very good and i think europeans would recognize that we have capabilities others don't have our biggest advantage is that our muslim populations, the

i mean is europe going to be ok? >> you know sue, what makes me feel about about europe and indeed global growth i think we come into this year worried about deflationary spiral. i think by summer we're going to see much better evidence of improved growth across the globe. and here's why, i think. i cannot think 2014 of a more aggressive policy stimulus year than we had last year. if you think about giving the world a massive drop in energy prices at the same time that government bond yields are collapsed everywhere about the globe, and then in europe you also weaken their currency and you do the same thing with the yen, that's a tremendous amount of stimulus a fiscal tax cut on energy like a quantitative easing policy among their bond yields and then weaker currency. we're redirecting a lot of stimulus to the eurozone and japan and even the emerging world. and i think we're going to see the globe bounce in terms of growth. might not be till the spring or summer but if we do i think that will bring a bid back to equi

is it going to work in europe? the comets from chancellor merkel what you need is a structural reform. the problem in europe is a lack of growth. what is government bond buying going to do? the banks are hamstrung because of new regulation. the economies are fundamentally in such bad shape that there is a lack of demand. there is a lack of credit demand in germany. i'm not sure what is going to do. a lot of people are worried it is too little, too late. >> mario draghi appears to be late. a live shot of the room in frankfurt. he was supposed be sitting down five minutes ago. he is a bit late to this press conference. what you make of that, john? >> can't read too much into that. he's had a busy couple of days. >> this could be the most important press conference he gives in his lifetime. >> i agree. the euro is the mechanism that this bond buying program will work through. zero zone will be a bit more competitive with the rest of the world. -- eurozone. it won't help france and spain be competitive. yet the angela

there is a kind of rage muslim rage in europe. >> no. we do need to understand there obviously are some people among that community very angry. people committing anti-semitic attacks on journalists and terrorism. these are individuals motivate bid anger. the question is does that reflect the community around them? is that born out of the community around them or imported a foreign value they have adopted as a political movement. what's interesting muslim countries in europe despite marginalized marginalized educationally seem to be more contented with their life than the normal population. there's not a level of discontent with the society around them or lives they lead among muslims in europe compared to other kbroops. it groups. it's not something that exists in the larger population. >> let me ask you about sean hannity's specific claims which, again are mentioned as well. no-go zones where not even police and fire are allowed. sharia courts established, prayer rugs in every hotel, are italy of these things true? >> this is the sort o

we need rescue at sea and the second most important is we need legal and safe ways to europe. we have to resettle refugees from syria and iraq from the neighboring region. through an open order and not this deterrence policy which creates new services for smuggling gangs. >> if there were a fix toward refugees were with that be? >> lester was more than 3400 people died. we do not want this mask graves any longer. therefore we need an open and new refugee policy. this is what we need at the moment. we do not -- they go on with this deterrence policy talking about the smuggling but they do not offer these desperate people who have no chance in the region anymore a safe and legal way to europe. this is the cruel story of the european refugee policy. >> thanks for joining us. >> the u.n. says 2014 saw the highest civilian death toll in iraq in years. the majority of the deaths were blamed on islamic state jihadists. >> the iraqi army said it is making progress against islamic state. they have retaken the key industrial complex. the victory cut off -- cuts off supply routes to the

around europe. in populations that have been one generaltions or two generations born in europe. what are they doing to attack that part of the story? >> reporter: well a poll in belgium today said 86% of the population of the poll of 1,100 people 86% of the population there believes anyone who joins the jihadist fight should be stripped of their nationality. there should be counter terrorism laws to combat this. the public mood in europe is very much with their government taking strong action against people who want to join the fight in the middle east or whatever or bring the fight back to their home countries or lone wolf attacks. you have in jihadist forums in the past 24 hours calls for attacks by lone wolves against gas stations. you know, people here feel that threat is real. they want their governments to take strong action against it. christine. >> nic, thank you so much for that in paris. >>> today a funeral will be held for the police officer gunned down by amedy coulibaly. the day before he murdered the four people in the supermarket. clarissa jean-phillippe will be l

can europe create jobs? business has to create jobs but you need structural reform to begin to create jobs. look what we did in silicon valley how many hundreds of thousands of jobs we created over the last 5-10 years. >> they need to pull their year -- they need to pull their weight. there is a big climate deal that would fuel anxiety but a lot of opportunities. there are development objectives. those are key agenda items. in the world of central bankers, regulators, policymakers, business, all of them have to rally around jobs and growth objectives. >> the central bank is doing its part and is doing as much as politics will allow. business leaders light -- business leaders are ready to go up in the question is whether there's going to put a dynamic framework that has got both demand and supply in place for growth. >> banks are ready to lend. we are the transmitters of monetary policy to the real economy, to businesses and people that want to buy a home. we need a balanced approach to regulation that takes

especially in europe. it works through exports and the wealth of fact and the credit impact are still not there. it is a limited impact. corporate's investing or not. there were cfos and i asked them which will be using more capex next year. two out of 40. >> what do they want to see? >> they want to see more reforms and something happen on the fiscal side. everybody thinks it will work in markets. they see it as a temporary measure. until there is not governments you will not see investment starting. >> markets are being complacent. >> i think we have to avoid things like greece. we were shorting greece and portugal is on the ends. they have kicked the can. spain has done reforms. we like investment grade. we do not like high yield. we see troubles for the smaller firms and the current sees lowering with fundamentals and deflation's. we like to stay on the higher-quality part of the market. >> the head of credit research, i pleasure. coming up, what happens in vegas does not stay in vegas. samsung and son

but europe is braces for more attacks. a western intelligence source tells cnn there could be several sleeper cells ready to strike in france, germany, belgium and the netherlands. now new concerns about the planning and timing. >> and worries are how and when will they be activated. >> former jihadists say a sleeper cell is made up of a few operatives. they're acting on behalf, taking instructions from it, or are inspired by a group and acting on their own. as paris gunman coulibaly did. they're living in the city where they want to strike, selecting targets. >> they're there there. they have the ability to cross borders and live without being on the radar screen. >> they're highly skilled at blending in. >> they'll have regular jobs. you may see them at the strip joint drinking alcohol. >> anything to take off the claim or suspicion they may be extremist muslim terrorists. >> the 9/11 hijackers did that. reportedly drinking heavily in bars. some even going to strip clubs. this is a former jihadist who almost went to iraq

europe very much on edge. while that is happening here in the united nations, president obama met with the british prime minister david cameron. terror was on their agenda. i want to bring in jake tapper. thanks so much for being with us this afternoon. jake the views of terrorism in britain and united states both leaders were friendly with each other, thanked each other for all a their support, talked about how old the friendship is. is there a different view of terror now? >> i don't think there's a different view many terms of the threat and terms to combat the threat. they seem to view the world differently, cameron and obama, when it comes to how the would be jihadis is self-radicalized terrorists come to that point in their lives. i want you to take a listen. here is president obama talking about why he think this is problem is more stark in europe than it is now in the united states. >> our muslim populations, they feel themselves to be americans. there is this incredible process of immigration and assi

learn from europe, or europe learn from how the u.s. dealt with muslims, who are fairly well assimilated here? >> you know, you have put your tinker on some major points about the different context in the united states and europe. there is a large number of muslims in terms of the population in europe than there are in the united states. many muslims in europe are basically relatively unskilled. they live on the fringe of society. this advantage - and what you have in europe is a severe economic crisis in the last five or six years. while the u.s. economy is vibrant, dynamic. most muslims in america have been integrated. what you have in europe is what i call a very relatively big militant infrastructure, islamist infrastructure placed since the 1980s. more radical clerics, preaches who basically brainwar the minds of some man who lives on the fringe of society. europe is very contiguous. it's easier for a young man to buy into the ideology of jihadism. to basically purchase an airline ticket go to turkey and germany. to give you an ide

could we see another war in europe? >> well wars have been present in europe for 2,000 years. the miracle is we haven't seen any in the last 18, but we have. we saw it in yugoslavia. we see it going on in the ukraine. the idea that europe got rid of war, yeah, within the eu. but we're also seeing a massive rise of nationalism. the germans are looking out for the germans. the greeks are the greeks. spaniards for spaniards. there's really no one speaking for the european union as such except for sopme bureaucrats. there's a recognition there's no shared fate. it's like california during the 2008 crisis wanted to make sure no money was spent on illinois. that's kind of unthinkable for us. but that's exactly what's happening there. what you really have is a coalition of enemies. the french and the germans, the british and the french the hungarians and just about everybody. all of these people 20 30 40 50 years ago were enemies. they're put together for one goal, prosperity. and they're not going to get that. >> isn't the solution that's needed to this some sort of parable unwindin