bba says it is because of the deteriorating health situation in these countries, coming from the deatholl from the ebola how break -- outbreak. flights will be suspended until the end of august. in other news shares of a french bank and it 2.2 -- ended at 2.2% higher. investors like what they saw despite an 8 million euros hit from portugal. the bank wrote down the value of its state to zero after a bailout of the portuguese lender. net profits were cut from april to june front -- to 705 million euros. the french government says it is in during legal action, as it says in was -- it was deceived. seeking to put an end to its will -- it's portuguese woes. europe's stock market also ended the day in positive territory marginally so. shares were dragged higher as a well watched reading of the private sector in the eurozone climbed higher this month. talking through a few other stores that midway in the market french media conglomerate vendee ended the session 3% higher. it said it would consider a 6.7 billion dural -- your obit -- 6.7 billion euros bid. it says the purchase of gdp would ma

. -1 provision included as part of the bba. to my knowledge, no dod officials were consulted on the details of the bba including the the cpi -1 provision. the department fully supported the changes made to the provision to exempt military disability retirement and survivors. moving toward, we support a comprehensive review of this provision including its effects on retirees not currently exempted. if the congress decides to retain the cpi -1 approach, we strongly recommend it be modified to include grandfathering. because of the complex nature of military retirement benefits, i would urge that the congress not make any changes in this area until the military compensation and retirement modernization commission presents its final report in february 2015. there are many ways we might change military retirement, including far more fundamental reforms. because the cp be i -1 -- cpi -1 provision does not go into effect until december 2015, there is ample time for such a careful review including waiting for the commission to provide

groups monitoring the situation here is human rights watch, and joining us from that organization is al bbaales. you have received reports from the community about other clashes, other intimidation. >> we are here investigating the police response to these situations, i'm not surprised, i've heard residents telling me about these interactions with police officers. >> is this the result of people refusing for example law enforcement orders, trying to conflict with the law, trying to create their own situation, is that what's going on? >> people have given me examples of trying as best they can to comply with police orders and being unable to. i spoke to a journalist who actually had odd y audio of pole ordering people to disperse, and two seconds later, an attack. police said no you can't go there way so they went back into the dead end street, they were tear gassed, trying to comply with the order. it's not limited to the protesters who are actively clark with police. >> captain johnson has said there are times when demonstrators mean to create more unrest will hide behind the journalists.

and you've got the uk gmi bba mortgage approvals for house purchases up by 11.8% on the year. mortgage lending, plus 0.82 billion pounds sterling in july versus june's 1.12 billion pounds. which basically means that we're looking at the lowest net lending since january. so july net mortgage lending, plus 0.82 billion. that's the lowest lending rate seen since january. so just be aware that that's just hitting our wires right now. you're looking at sterling against the greenback just trailing off a tad. we've seen relatively flattish trade in all of our cross currencies. that continues to be the name of the game. >>> when it comes to the u.s. european markets, u.s. markets shedding ground in afternoon trade yesterday, having gone through some significant levels when looking at the s&p 500, for example. above 2,000 for the first time ever. asia dipping into the red in the overnight sessions. this is what we're seeing here in europe this morning. flat to a little higher for most of these markets this morning. >>> when it comes to the bond markets, we see a pressure on yields with

we've got a funding request up on the hill that meets the bba, the budget control act, limits, but --and, you know, we've got sort of a stay of execution for '14 and '15. but beyond that, sequestration come '16 will revert and, you know, become again the law of the land, and that's a very real concern going forward. but right now, in iraq and elsewhere around the world, we've got resources sufficient to the military tasks that we're accomplishing. i've got time for just one more. i've been up here a while. yes, sir? >> regarding the operations in iraq, do you have a breakdown of the cost of between air strikes, isr, and humanitarian aid? >> nope. phil? >> admiral, you said in answer to tom's question earlier that you're hitting what you're aiming at in iraq. you're having an effect on isil there and hitting headquarters and other targets that appear to be beyond what you said before. when you characterized this as kind of a defensive mission to protect americans, protect the dam, protect the kurds, has the mission in iraq changed to one of more of an offensive nature, where you're act

we have funding requests up on the hill that meet the bba limits. we've got a stay of execution for funny 14 and 2015. beyond that, sequestration come 2016 will revert. become the law of the land. that is a real concern. -- 42014 and 2015. for 14 and 2015. 2014 and 2015. that you are hitting what you are aiming at in iraq. hitting headquarters and other targets. that appear to be beyond what you said before. this you characterize as a defense mission to protect the americans and the kurds? as it become more of an offense ive nature or does that depend on the new strategy? the don't see any change in types of targets we've been heading. there has been no change in the mission. >> today, it still the limited mission but quick -- it is still the limited missions -- >> absolutely. the congress. there is something going t to move without them. can you explain the concerns that the president has heard from congress. congress fear is that something is going to move on without them. outust because they are does not mean that we are not talking to them. we a

idea that i felt he was saying this could have a chilling effect on prices if you will, such as the bba other thing from the market discussion at the beginning of the hour. we continue to see new highs. i have been talking to traders about the notion of liquidity. we are in the dog days of august or the chilly days in new york. in general, every time we see a rise in volatility or a big move in the markets, you would see we'd see that to continue there would be so momentum. there is so much liquidity on u.s. stocks on a continuing basis. maybe because 2004 best house in a neighborhood. i don't know, that seems to be giving owe glow that should be interesting coming out of jackson hole. if we hear something from japan that, could reverse a little bit. dennis gartman did tell us he's tried to short this market. he can't do it. i think that message of capitulation will catch on. thank you, guys. i appreciate it this hour. fast money is coming up in just a few second with melissa lee. melissa, what's on tap? >> you saw yesterday's big yield in the sector, we're going to name names in terms

bba does not consider an incorrect disability evaluation to be a benefit entitlement air ls the eric impacts the veteran overall combined disability evaluation. however, zero ig would identify this case as an error because it has the potential to affect the future benefits if left uncorrected. that also has a corresponding affect. could affect other programs as the ratings change. also, cases where the d.a. staff simply do not request or significantly delay requesting the mandatory routine feature examination to determine whether the temporary hundred percent disability determinations should continue, we clearly call an air. we see a significant financial impact associated with not managing those plans appropriately. >> thank you. >> next question, is viejo working to make the improvements identified in the audit process? >> this past year there have been significant challenges to us to address the oversight needed that were expected and charged with to looked in the benefits inspections and to before national audits. i finally raise this issue to the undersecretary. she has agreed t