we start with aussie. >> aussie's owner posted a video to our facebook page saying watch how aussie dreamsnder what he's dreaming about. >> that's what i wonder, too, what could he possibly be thinking of right now? >> i think they dream about chasing squirrels, chasing birds, bunny rabbits, nas wthaty they start with the paws. >> not the only dog that snores. beck snores, too. see if you can identify this snore. >> it's like a cartoon snore. >> he snores like daffy duck. >> it's amazing that doesn't wake him up. it's so loud, like this flapping sound by your ear. >> now that's the cutest dog snore possibly ever. >> one last video. this one doesn't have any snoring, but this video is from finland. we have two gray hoeyhounds her. they have their jackets on, doing a practice run. coming up behind. the little chihuahua that could. >> the legs are just a bit shorter. it makes for a slower dog. >> i like how they come back to get him. >> the person who posted it, loose translation says greyhound in the mind. >> it's all about what you think. you think you can run as fast as a greyhound? he pro

>> aussie, aussie, aussie. aussie dollar yen, love it. >> i'm keeping my short sterling trade. not even james bond can save the uk economy. 1.48 is the target. >> shaken not stirred. your next chance to afternoon. we'll see you next friday, 5:30 eastern only on cnbc. >>> i'm jim cramer and welcome to my world. you need to get in the game! they're nuts! i always like to say there's a bull market somewhere. "mad money." you can't afford to miss it. >>> hey, i'm cramer! welcome to "mad money." welcome to cramerica. i'm just trying to save you some money. my job, not just to entertain, but i'm coaching and i'm teaching, so call me at 1-800-743-cnbc. now -- now we've figured it out. now we know why we've been climbing. that's how you have to view this labor department hiring number that came out this morning. this is terrific. stunningly good 236,000 jobs that were created last month. it's one of the best numbers in years. okay, now, look. you say well, wait a second, the market didn't roar. the dow gained 68 points. but we've been rallying for weeks on end, including five straight

the aussie/dollar is 101 to the u.s. dollar. i think this is a story, if i can point, how about that? look at that. does that work? anyway, the ten-year in spain is falling. the 10-year in italy is 4.8%. i think that spread itself could be used as european crisis stage. the last time we saw spain above italy was a year ago. this time around, will it be different? >> yeah. but then both sets are coming together. here we have spain coming down. meanwhile, the shanghai composite has suffered its -- do you want to look at -- what do you want to look at? european markets. let's take a look at those. >> and now the shanghai. this is the story, anyway. we might as well just look at it, down 3.6% on the latest move to curb property markets there in china. it's amazing how quickly we started talking about tightening as opposed to last year when concern about hard landing was all the rage. the shanghai composite has suffered its biggest loss in months. limit down today on the back of fresh tightening measures on beijing. for more, joining

here is what some of our guests have been telling us all morning. >> i'm sure euro/aussie.lar/yen, we've got kuroda next week. we've got turn house buzzing tonight. it's a shoo-in. through the monetary easing, i'm shorting yen and i'm also long dollar, but i think there's a trade to be short the euro. >> outside of london, yeah, the picture is pretty bleak on the high street. like you said, i think it's a relative value play during the retail state and the same sector. they were trying to -- from the uk consumer, generally. >> what we're gradually seeing is we're seeing the winners emerge, the return of stocks coming back up as the kospi comes down. but they'll never recover to anything like that. so it's a question of calling back, we think we're getting close towards the end of this year, maybe, and picking the winners based on cost, balance sheet and differ yen rating. >> and here is a look at today's other top stories. it is pie day, as well, by the way, march 14th. big u.s. banks will find out today whether there are plans to raise dividends or do share buybacks have b

aussie -- slorl is firm. that is the picture right now.e is the thoughts of some of the guests we've had at cnbc today about what investors should be doing. >> if you want to try and pick a specific top, i think we can target 31.50 and we might see a chance to sell at those levels in the coming weeks. but we haven't seen that for a tu weeks now. the ground is falling steadily. and i think we'll come back off of that quite quickly. i think we can use euro strength as a reason to sell. >> turned positive tr equity markets and this is a general loss here in july and draghi said whatever it takes and is we've got a positive over christmas and i think it's going to be an economic upturn in the world. it is injecting a lot of money. with everything that's come on the table, they don't -- markets heavy much. still made in italy, cyprus will push markets down too much. >> it's something that i've literally purged from our portfoli portfolios. it's a little bit of a tricky one. it's more regional asset allocation going a bit more for the center of

on aussie. steve. irwin of the.

if you're away from your television just doesn't matter now with your mobile device you can watch aussie anytime anywhere. in america international airport in the very heart of moscow. when a baby is born in the ancient city of some account everyone hopes to persuade granny dodaro to preside over this ceremony. the ritual is performed each time the baby is put to bed for the first two weeks of its life. and night stowed mera and even a couple of blood are used to ensure that the baby grows up to be a healthy handsome and happy adult. granny does one of the most respected women in the city she's the twins' great grandmother and she knows as grandmother. was a teacher of the it was big language and literature for more than forty years the husband was a hero of the soviet union. the couple had twelve children of their own and adopted two boys. from a coolest well regarded as a model soviet fam. and featured in many documentaries traditionally married couples in this book is done have large families but i'm like grenada does children few of them ever receive a higher education. the whole fam

quick check of the currency markets, aussie/dollar, 1.0236. dollar/yen, 93.12.not far away from the high we hit on february 5th. >> euro/dollar, 1.3054. a little firmer on euro/dollar. that is where we are right now in europe. so let's recap. you've just joined us. what happens in asia today, sixuan? >> thank you, ross. asian markets staged a strong rebound after yesterday's losses closed in the green. in china, the latest daetd from hsbc show services pmi fell to 52.1. analysts say the drop is mostly due to beijing's clamp down on spending and can distortions from the lunar new year holidays. the shanghai composite rebounded over 2% from a two-month low. banking shares made a strong comeback as tightening fears began to ease. beijing extended a pilot program and loud two more banks to start fund management businesses. the hang seng finished marginally in the green. the hang seng bank gained 1.5% london support to the index after the lender reported a better than expected 15% rise in its 2012 profits. still it journd performed its parent company hsbc which fell

two aussies in the house here, why did this guy lose his job? it gets really interesting. so he arrives back home and he arrives to a letter. and we actually have part of that letter here i want to read to you. so this is from his employer. while unfit to work you were well enough to travel to australia and according to recent news footage you allegedly grabbed a shark by the tail. we find the dismissal is the only course of action we can recommend. of course, so what actually happened there was a news crew on the shore. and they captured the whole thing on video, ran it on their nightly bulletin. the national news picked it up. it went viral as these things do. he's hailed a hero internationally. and of course it gets back to his small village in wales. >> but the twist is he was on sick leave not for a pulled hamstring, he was on sick leave for stress. >> that's what it comes down to. >> okay. >> he loves his job because he took this vacation because he was stressed. >> right. >> and i guess it raises the issue that his daughter had told him,

in some aussies and we believe and are almost sure of it that the president already made it as financial interests in this matter because what he wants in fact as to take our minds. the unionist accuses of our rebate he can't prove that the ex-president has direct interest in the new company but strangely enough the main winners in this matter or people closely connected to of our own rebate. at the side of the foreign investors at the head of gran colombia we find mario pacheco his first campaign manager. martinez his minister of mines and more importantly occupying the post of chairman and managing director maria consuelo ex minister of culture and a close friend of the president delighted to celebrate in two thousand and eleven the company's entry into the toronto stock market is the role such an act of theft is totally unprecedented. you know not only in colombia but in the world. i've never heard of such a case as ours where so much money and gold has been stolen for so many years. for the managers of the multinational the tribune with claims or without foundation. many people thoug

of a cosmic blues they've got it all here on the international sun station and i'm tom button for aussie your host only orbits our state she didn't plan it to. get back soon. and stayed with cosmic event travels to russia as the freezing cold. month one of the best places in the world to witness the astonishing northern lights that's after the break to stay with us. i got a lot of messages from our t.v. wars who are very concerned about trolls living under skynet is not the american way and many are concerned about their safety and privacy congressman ted poe has introduced a bill that may address some people's concerns about drones this bill is the preserving american privacy act which clarifies how the government can use these drugs so basically the act adds bureaucracy to drone usage in order to restrict it in theory protecting people's privacy. the thing is that one side is arguing for drone usage and the other side for bureaucratic restricted drone usage but what about not using drones to spy on americans ever no drones should be used on american territory period and all.

the cosmic blues they've got it all here on the international sun station and i'm tom button for aussie your host on the orbits our stay tuned planet earth. to. get back soon. next hitting hard on the stories which the mainstream networks ignore it's not the mountains breaking the silence. there's an old urban legend that says that the us are you stopped using circular targets for rifle practice because the soldiers would be hesitant to shoot at people on the battlefield the logic is that if you practice shooting something that looks like an enemy soldier you'll be desensitized about killing real enemy soldiers so again the logic is to practice shooting at what you want to kill so you won't hesitate and speaking of not hesitating the law enforcement targets incorporated has created a special line of paper targets for police called new more hesitation so it's on these targets well maybe mexican drug cartel members or l.a. street gangs nope children and pregnant women yeah law enforcement targets offers a product to desensitize police from hesitating to blow away women carrying the unborn

of the cosmic blues they've got it all here on the international song station i'm tom bottom for aussie your host on the orbits our stay tuned planet earth i. get back soon. well i'll be back in about thirty minutes with a full update of our top stories taken through to then our team looks at why harmful the aids hiv infections in the united states i think only thirteen percent of the population. there's an old urban legend that says that the u.s. army stopped using search or targets for rifle practice because the soldiers would be hesitant to shoot people on the battlefield the logic is that if you practice shooting something that looks like an enemy soldier you'll be desensitized about killing real enemy soldiers so again the logic is practice shooting at what you want to kill so you won't hesitate and speaking of not hesitating the law enforcement targets incorporated has created a special line of paper targets for police called new more hesitation so it's on these targets well maybe mexican drug cartel members or l.a. street gangs nope children and pregnant women.

stacy herbert look at the scandals behind the financial headlines that is the kaiser report next an aussie of the brain. a u.n. investigator ben emmerson has decided to not let the sins of the recent past go he's demanding that the u.s. government release documents about the cia's program over addition and secret detention of suspected terrorists everson believes that there is now credible evidence that shows that cia black sites were used to extradite suspected terrorists with neither charges nor access to a lawyer you know nothing says protect a democracy like snagging people in foreign countries or even charging them with a crime this huge investigator may have good intentions but the thing is that no matter how much he and his u.n. pals urge the u.s. to prosecute officials connected with torture or expose classified information they really have no power to do anything if you haven't noticed the u.n. is very happy to section and punish certain countries birdie if you out there naive enough to think that they'll sanction the usa or send a peacekeeping mission to stop the human rights vio

cameras many british buttons are facing daily personal challenges to find love go unnoticed serve aussie london. don't go stories on our website as well r.t. dot com if you want to comment on what you'll find there just hit the have your say section as well right scott twenty nine minutes past ten at night moscow time thanks be with us the touches he had no them a shoulder and this means business tom already the reflow natasha now. governments all around the world clamping down on taxes because times are tough at the moment is hasn't been too but in russia people don't have to pay the tax but they're going to look over the shoulder now absolutely it's about to change in fact now russia wants to make it a condition to give some financial help to cyprus it wants cyprus to reveal the identities of the russians who parked their money there absolutely all the details in the business bulletin after a very short break ok. choose your language.

damage to turn into an epic disaster certainly given how much crucial data are stored on the web as aussies are you told me a bit earlier in the program cyber attacks are increasingly becoming a very powerful weapon. well certainly cyber attacks are not as lethal let's say as cluster bombs they would not kill people but in our times they're becoming much more effective in terms of damage to the infrastructure and that happens every day besides if we compare the cost for instance of one missile which would make us like hundreds of thousands of dollars this is cheap and completely untraceable let's take for instance the recent stuxnet virus which was equated by the nato official story use of force which was aimed at disrupting the iranian nuclear program imagine something went wrong there and nuclear facilities started exploding the death toll would have been enormous or the another i'm going cyber attack from a known islamic organization on banks in the united states of course this is not killing people but definitely causing huge financial damage loans are being canceled accounts are being

this is the wiki on aussie welcome by the syrian national coalition has decisively were jack says the resignation of its president. announced he was stepping down just moments after he was elected. the details for us now. in his statement was outed said that he was stepping down because some matters have to quote him reached red lines now he hasn't explained exactly what prompted his resignation but he did say that he was designing to be able to work with freedom that cannot be available from official institutions keep in mind that her to it was someone that both russia and the united states look to as a person that they could negotiate with on the future of syria back in february hunted met with the russian foreign minister sergei lavrov following his claim that the syrian opposition was ready to negotiate with syrian president bashar assad it is important to remember that this was the first time ever that the syrian opposition talked about the possibility of talking to a side although later backtracked by saying that he was willing to talk about the departure of assad with his vice

well you can perhaps understand why the prime minister is not the picture of happiness right now sir aussielondon. and still to come the man a love by the people and feared by the banks kaiser and kaiser report stay with us after a short break. did any of you see darth vader and storm troopers trying to make their way into the ukrainian justice ministry as part of a protest or probably a lot of you saw the fun viral video. no but how many people remember what exactly they wanted and what their protest demands were all about probably not that many trust me i understand that using wacky protest tactics gets media attention and if you are pushing a cause the media attention is critical but when no one even gets what you want or why you are in that wacky costume it doesn't help there seems to be like almost a protester culture and language like you see people protesting there so satisfied with themselves in their costumes and silly gimmicks but if your protest is actually aimed at people in power then the house is going to cure cost of goods with the opinion of heartless bureaucrats sitting in

it will xing the weekly on aussies great to have you with us let's move on now is roe could become the first of a country to be formally designated as the major strategic ally of the united states the ambitious goal is apparently on the annual american israeli public affairs committee gathering or a pug that has kicked off in washington and if it becomes a little war the u.s. could be obliged to support israel diplomatically and militarily if it strikes iran the move could also exempt israel from any reduction in foreign aid that might result from budget cuts the conflict with the palestinians however is no time for discussion a big gathering of america's most powerful for israeli group and a whole snore neither of the country's leaders will be attending and that's prompting speculation that the group is no longer as consul as it used to be. there is a lot of belief that the. israel lobby is losing the clout. they have very serious reversals the election the reelection of obama was a reversal the israeli guy made it very clearly made clear they didn't want that obama to be reelected th

you're away from your television or it just doesn't go out with your mobile device you can watch aussie any time anyway.

welcome back to aussie coming to you live from moscow with every a united beside britain an agreementthat bankers' bonuses need to be cut he has taken it upon itself to champion executives greatest puck london face smaller checks at the end of the year it would drive managers away depriving the country's last great industry of talent outings probably boycott explains just why britain is so adamant. it's that time of year again bonus season is in full swing the chief executive of h.s.b.c. is set to pocket a two million pound bonus this month for the way that u.k. bank is get paid could be about to change that's if the european union has anything to do with it at the moment the average bank a salary is just under seventy thousand pounds a year but bonuses for top buying cars can be many times more than their baseline depending on personal performance the success of the bank and the market as a whole last year the bonus pools of leading city banks went up to as much as two point four billion pounds of b.c. but if the e.u. proposal goes ahead next year banks would be blocked from paying o

two centuries ago referendums also spot when you'd accusations over britain's overseas policies as aussie sarah firth explains. protecting people's right to felt determine their own future and britain's made a huge amount of movies and fuss over this when it comes to the folk and items referendum so you've got to read a lot of that today it's going to be in all of the papers it's going to be on most of the nice channels a story you won't have heard about many kids indeed might never have heard of is that the take of itin snout the fact that you would have heard of it doesn't make it any less shocking shakos eyed and possibly british indian if you see how it's free and though grouping abidance the largest of which is the a garcia not many people know that as the large us military air base from which we see in the us launch attacks on iraq and afghanistan but back in the one nine hundred sixty s. and that was home to a population of roughly the same as the folk in guidance around two thousand indigenous people that and the u.k. struck a deal with the us which flew them get a discount on arm

you're watching the with me here on aussies great to have you with us let's move on now is roe could become the first of a country to the major strategic ally of the united states the ambitious goal is apparently on that agenda at the annual american israel public affairs committee gathering or a pac that has kicked off in washington again a chicken is at the conference to explain what it could mean for u.s. israeli relations. the most high profile speakers are expected on monday including joe biden and benjamin netanyahu is not going to be here personally put is going to speak live via satellite so what's on the agenda first this year a practice pushing legislation that i would guess a great israel as a major city if you don't like the united states of course the question many ask me as a citizen of israel major ally why do they need a special legislation for that the way some apac officials explain it is that they want to maintain defense assistance funding averaging more than three billion dollars annually as prime when both parties or seeking ways to drastically cut spending it's

michael mccann each of us and talking to aussies are we now going to. and a few minutes to talk to the former head of the cia and the national security agency michael hayden to ask if the u.s. will apathy at people. there was a time in america when buses were officially segregated and today if they tried to resegregate the wall next to there would be outrage throughout the usa every t.v. channel and newspaper so segregation in america was wrong but no america funded segregation no for via foreign aid seems to be a ok and jim dandy. arab language leaflets have been spread around west bank in palestinian areas asking residents to start using special bus lines plans to put palestinians on separate bus lines were first announced in november of two thousand and twelve after some complaints by jewish settlers of trouble on the buses between passengers of different ethnicities in regards to the special bus lines israeli human rights group but selim said the attempt segregation is appalling and the current arguments about security needs an overcrowding must not

against a former friend roman abramovich and we know that that had a very serious impact on boisterous aussie from the reports from people who were around him at the time they psychologically and financially take that as a leave intriguing twists that again on here we've heard from the russian president's press attash a about the letter than this that bears a ski is said to his sense in which he asked for forgiveness and tooltip his longing to return home to russia now in a separate incident we heard that just the day before he died mr barroso ski said to have had an informal talk with a russian journalist again in which he was a detail his state of mind and his longing to attend high of course this is causing a huge amount of speculation because he controversial character that you have a lot of i don't see questions here this is going to be what the police are doing are trying to tie a wall they say and to get an accurate picture for all their investigation and later on cheese day we're going to have that for will identification taking place. it's been going on now for the past decade moscow

of the cosmic blues they've got it all here on the international song station i'm tom barton for aussie your host on the orbits our stay tuned planet earth. soon. as one big enough and they great stuff for us food stamps are supposed to have a vital aid to those who need it most but it seems the system is the tories failed to abuse their half nurses and finding out where the taxpayers think their money isn't the big well spent. according to the u.s. government more than forty seven million people now use the food stamp program are americans abusing the system this week let's talk about that one of the largest consumers of food stamps is actually wal-mart because they underpay their employees so we're concerned about people getting food stamps we should probably look in the direction of companies like wal-mart et cetera refuse to pay a living wage says it's clear i don't know but it sounds like they or does that bother you know why not well it should probably bother me because i'm a taxpayer right yeah ok but it doesn't not really no why do you just assume that people are going to abuse

the cosmic blues they've got it all here on the international song station and i'm tom button for aussie your host on the orbits our stay tuned planet earth i . get back soon. right it's back to earth now how be back with more news in around thirty minutes but before that max and stacy had to look at the prospects of yet more workers being replaced by robots stay with us. i've got a lot of messages from our t.v. yours who are very concerned about trolls living under skynet is not the american way and many are concerned about their safety and privacy congressman to.

and aussie religion as former competition, one they don't believe religion should be necessary.re, if you believe in god it makes it almost impossible to believe in your marxist professor. >> eric: 37% of america calls themselves christians or at least really to the christian philosophy but the growing sector, the most -- i'm sorry, the sector that is growing the most is called the nuns. atheist people that describe to none of the above. ten years ago there was 15% in america, now it's up to 20%. what is going on. >> andrea: i think the culture has gotten so coarse that people are loan any li in the since they are groping for something outside of themselves. the culture doesn't provide it in this country. all the culture gives us is materialism, general diversions from life. it does, right, it doesn't provide significant meaning. eric, 50 years ago you saw regularly packing churches and people were involved in conference and used it as form of identity. it gave people meaning and helped them lead healthier lives. people are groping for something. they seem to be looking towards

top stories on aussies fibrous and the new along with international lenders agreed to a controversial tonks on buying a deposit which could see some customers lose up to twenty percent of their savings . so of exiled washington spoken kremlin critic has died in london ages six to seven police have begun an investigation and how place to several mile long border in iran in the late one to go. thousands in damascus returns the cule of a pullman and sunni preacher killed in a suicide a time hold such as day but also claimed the lives of forty eight others. and coming up next knocks kinds unveils the dirty deeds of the world's financial power players that's next on alt. max kaiser this is the kaiser report what you got for me today sweetie pie max kaiser well i have command and control confiscation and crystal. the first headline is actually this is a newsletter sent to people in a housing association in manchester is from eastland homes can you really afford sky cigarettes bingo drinks and other nonessentials they live in an open air prison these are states and the government if they're

commercial banks checkbook banking from gambling banking is that a correct analysis you see those like the aussie on a very rotten kike because you already had an enormous level of it before that and this was just basically removing barriers to accumulation of yet mode it so if you go back to i think about. non chain ninety two ninety three you had a debt bubble and small collapse back then and by ninety four and already five i think it reached about one hundred seventy five percent of g.d.p. or private debt level that's the same with all the loops that it could at the start of the great depression so you'd already reached that level and then you get when you get about two hundred percent of g.d.p. that's when you stop to see the financial sector pulling some of these disasters in during the dot com bubble you know the whole thing i mean i think if you look at the daughter and she went to the bubble really again then you're talking what four of nine hundred rows right back to the end before you start saying the american economy is now so dominated by the financial sectors lending to finance that

party involvement in the death of self exiled russian tycoon and vocal kremlin critic bodies but his aussie has an expose went to his home near london where he was found dead but they've given it the all clear correspondent sara firth is at the scene. the thames valley police continuing the investigation into the cause of death of course burzynski which still remains unexplained c.b.r. and team that's the team of officers trained in handling radioactive material he had been at the scene joining the investigation they've now given the all clear say they've left the investigation and the cordon the can see behind me here that had spanned two miles around. just to the lane where his home is now is a huge amount of speculation surrounding the ski was a larger than life character the russian had made his fourteen after the break up of the save the union we know that in recent years he had been struggling psychologically and financially he had a number of high profile cases in britain the most recent of which he lost against fellow roman abramovich and when you listen to people here in the courth

the top stories in aussie media and legal pressure force washington to concede the number of hunger strikers had gone time of days higher than first admitted but it denies more than one hundred eighteen mates are stopping themselves. also washington has put a hold the final phase of his controversial european missile shield due to a lack of courage instead deciding to focus on bowstring his defense against will depend to this says is the threat posed by north korea. on the latin council we go plays host an annual none of a thousand no see that trends in the excess sparking outrage both inside the country to port. and up a bank with more headlines in around an hour and up next and stacey will be taking a look at the much feared currency wars could mean for the world economy stay with us here for the kaiser. prize or welcome to the kaiser report you know the problem with china starting a currency war is that a happy hour later you want to start another one this year ever ok and so what's going on there next try is there yes that's a train down there coming into penn station but you know there

liz: the old trade, the aussie dollar. that is a commodity nation. same with canada.ak i think this bull run is potentially coming to an end. we're in a quantitative easing time again and commodities are not really benefiting from it. we're in the last leg of a multiyear phase. the canadian dollar, that is a problem. it is very well cheap compared to prices in canada. dollar canada has been turning around and strengthening in the next couple of months. liz: is a bit is a booming economy. >> obviously the sector still one of the driving forces, but we also have to look at how expensive is the currency and a lot of people thought it was crazy when dollar canada went. nor is he can't trade where we have been. liz: you said lookout, watching out for the euro 130. it went up to 137, did you miss a chance to short it at 137? >> does have done well, but you only had like 10 minutes to share it. liz: that is my point, everybody, you have to be very careful in the currency market but if you're watching it, you can make some real money. jens nordvig, thank you very much. g10 fx

aussie/dollar, 1.02. dollar/yen at 92.65. euro/dollar, 1.3066. 1.3017 was the 17-week low which we hit a couple of days ago. that's where we stand. by the way, we have uk pmis coming out in around about -- if i can work it out, 14 memberships. no, 12 minutes. we'll get to that in a second. li sixuan is with us. >> thank you. china pmi data in worries over the auto u.s. budget cuts put a lid on asian markets ending the week on a mixed note. they bared down early losses. insurers tumbled after china life issued a profit warning and that stock lost nearly 3% today. but environmental stocks yet again surged on hopes of more supportive policies. in beijing, the hang seng finished lower by 0.6% with citic leigh leading the losses. in japan, january cpi figures marked a third straight decline and we had a mixed showing for exporters. the but the property counter and other inflation betts left their support. the nikkei gained 0.4% and it's up for the third straight week. elsewhere, it's a solid day for south korea's kospi up over 1%

surf legend kelly slater beat the defending champ in aussie.s slater a record 52 career wins on the world tour and that's a wrap on this fox trip around the world in 80 seconds. >> shepard: i'm shepard smith. this is the fox report. it's the bottom of the hour. time for the top of the news. live tonight from rome. as i mentioned latin america home to some 2,500,000,000 catholics according to this. every estimate i have seen says 501 million catholics. all of them make up nearly 40% of the global flock. still some analysts are expressing surprise at the new pope's election. fox news latino's brian yenis is with us now. how did argentinians react in st. peters square? >> it was an incredible scene. i was sitting next to some italians who actually were shocked. it was complete quiet until you actually went to the front of the line where there was a giant argentinian flag and family of seven that happened to be visiting and really wanted to be a part of what they thought history. so, you know, the argentinians there were happy. they everywhere exst

>> favorite call continues to be buying dollars, canada, kiwi, aussie, u.s.ling japanese yen. that will continue to be the trade for the next several years. >> dennis, we'll leave it there. thank you so much for calling in dark and early in the states in the gartman letter will be out in auto couple of hours' time. >>> as the two-year anniversary of the fukushima disaster approaches, the japanese government is looking set to revive the country's atomic energy industry. nuclear energy provided 30% of jap japan's energy prior to the disaster. today, all but two of the nuclear plants remain closed. joining us now, the u.s. energy secretary from 2001 to 2055 and form every senator in mypy. good morning. >> glad to be with you. >> how do you wind up in this business and how are you bullish on their future? >> i did a lot of work on pneumonia leeshg chairman issues and it's a natural way in the private sector to continue my involvement. right now, i think it's a very interesting almost tipping point period for the puck here industry. and what i see on the horizon a

elsewhere, south korea's kospi lost nearly 1%, also broad based losses on the aussie market, the vsf all ended weaker. india's sensex less than an hour from its market close now trading lower by 0.5%. back to you. >> sixuan, thank you very much for that. a lot of red across that board. this comes as china's national people's congress wrapped up on sunday with a call to do better. the country's new cabinet will be called on to make it happen. along them, sovereign wealth fund cic's chief is the new finance chief white xu shaoshin remains the minister. the national people's congress has wrapped up. the message is growth, but can the chinese government have it ever which way here trying to tackle all of these softer issues while at the same time keeping the country growing? >> right. well, that's a big question and especially people are talking about just how willing is this new leadership going to be? to really tackle those tough, tough challenges that they face. as you had said, li keiqang faced the press and he said all the right things from an inve investor perspective as well as a

the next potential session, more room to cut rates or ar were you comfortable using the threshold aussie on an ongoing basis? speaker you're talking with inflation target, basically, is that fair? >> yet. -- yeah. speak of the argument defining % inflation is the most central banks around the world. and one might ask why stability should be zero inflation, why do you choose to present instead of zero? the answer is the question you are raising, if you have zero inflation are very close to deflation zone and nominal interest rates would be so low it would be difficult to respond to recessions. historical experience has suggested 2% is an appropriate balance between the cost of inflation and the cost you are referring to. we just put that number in fairly recently, at some point it is still being debated in academic circles and we will see what kind of outcome they come up with but it is interesting question to try to quantify. there is research which asks the question how often do you tend to hit the zero bound, in our belief was it is a very rare event and it has become more comments i'c

i think it is somewhat misplaced, but until we get that scenario coming back into play, the aussie willrelatively well and we've seen that in terms of position, as well. i think that remains to see -- >> just remind me of something. >> i would think that there's more down side to call yields. you know, particularly at the short end in germ thee as well as ten-year area. >> in the fixed income space, what i would say is over the last week, one psi is dead and two, the euro is the weaker link. so you put those two things together and as you can still see, currency converts those and improvement in the bond markets. well, then the long peripheral bond markets. >> the report is very concerned about blackstone's proposal buyout would dismantle the pcmaker founded in 1984. reuters reports dell thinks blackstone's plan aren't in line with his strategy to reinvest in the company. dell opened the door for a bidding war on monday, inviting blackstone and carl icahn to make firm butte takeover proposals. dell in frankfurt is down 0.75%. >>> yahoo! has snapped up the mobile news app. the app was cr

the aussie dollar 1.02. sterling/dollar, 1.51. the currency markets pretty steady. we haven't moved a lot in the last 24 hours. let's check on the asian session. we have more from singapore. >> reporter: thank you, ross. the nikkei 225 added over 2% to a fresh 4.5-year high. retailers were among the top gainers with heavyweight fast retailing jumping over 8%. meanwhile, sharp was the most traded stock, soaring 14%. this boosted by reports that the struggling electronics maker may get a $110 million lifeline from samsung. this was later confirmed by sharp after the market close. >>> taking its cue from the wall street rally, in china the shanghai composite ended higher by almost 1% after yesterday's over 2% jump. the hang seng in hong kong gained by about the same margin here. the telecom sector had a strong session on both markets. local media reports that china will likely grant licenses for 4g wireless technology this year. shares of zt as you see and china unicom and china telegold medal got a noaa -- telegold medal -- telecom got a nice boost. beijing is conside

as in u.s., aussie, new zealand, i end of chief strategist joining me now to share some fundamentalsrency plays right now. how did this all come to you? there is the obvious dollar, u.s. dollar, canadian dollar. you like all of those right now? >> yes, but against the yen right now is the key for us because in reality that is a weak currency. we could see all of those dollars, the canadian companies zealand, and the u.s. dollar improving against the japanese yen. liz: so would you then do one of those pair trades, long canadian, u.s., new zealand, but short comparatively against the yen. >> yes. that is not how most people look at the markets. we elected all of the markets and technical basis and see a strong, strong trend. we may see a little bit of a pullback, but generally speaking, we can see this market going higher. all of the emphasis has been on the euro. what really surprised me. just at the news today when i arrived at the studio, and you broke it. jack lew going to europe. that is a huge red flag to me. liz: the euro. you say that it will continue, and in your words, to ev

you're my favorite aussie. >> i'm glad. >>> bells in bayne nose aries, in honor of a native son. pope francis, 76-year-old inaugurated with tens of thousands packed into st. peter's square. vice president biden met the pope as part of the u.s. delegati delegation. >>> colorado the state with the two deadliest mass killings in history expected to have new gun law. the governor plans to sign three bills tomorrow. one will ban ammunition magazines from more than 15 rounds, another requires universal background checks and gun buyers have to pay for the background checks. this is "cnn newsroom." >>> nevada, a military training exercise ended in tragedy. marine corps says that seven marines were killed if an explosion. it happened overnight at the hawthorne army depot in western nevada, 140 miles southeast of re reno. harry reid say there's was a huge explosion. >> we don't know exactly what happened but it was a violent explosion, we know that. my thoughts are with those who are injured and, of course, families of those with lost loved ones. >> want to bring in our pentagon correspond

you just answered our question about whether or not mri aussie dollar will go far or not so far whenback to australia next week. thanks. >>> breaking news right now. amman jafers of washington newsroom. the treasury may be making comments about cyprus? >> yes. ve a statement. now that we're a couple of seconds past that, the treasury department says it is monitoring the situation in cyprus closely and secretary lew has been speaking with their european counterparts. it's important that cyprus and euro area partners work to resolve the situation in a way that is responsible and fair and insures financial stability. that's the statement here from the treasury department. of course, a lot of the top treasury brass today on are on their way or already are in china. so, for secretary jack lew's first major over seas trip. now china and cyprus on their minds as well, guys. >> i wish i put a bet on what treasury would say because they have said exactly what you would expect them to say. >> you just did this for me. >> got my eye on you, cyprus. got my eye on you. watching you. >> interestin

in fact, that was the barometer on when we started to see things turn first with aussies, so if you reallyat the most non-sexy story it's going to be the u.s. trading over canada actually. i think the dollar performs very well against canada as we're starting to get talk about a housing bubble in toronto, and with that being said, keep an eye on 1562. i think that's kind of a blowoff top in the s&p, and that would align itself with the last move up, would strengthen the dollar and then a correction in the stock market. >> ben willis, where do you see opportunities then? if you're expecting a pullback, got to put money somewhere? >> the inflows coming into the market are typical of traditional investor money. they seem to be going into the telecoms and into the utilities and into the consumer cyclicals. the stocks that they are familiar with, companies that they work with every day so that's a traditional retail investor kind of environment. i don't disagree with some of those trades. i like the idea of buying dividend-paying stocks. like the mlps as a place to dip your toe in. >> master li