the payout ratio was at 132% for bbva. spanish bank didn't change their policy despite the fact that there are earnings were declining sharply. so that is the reason why the shareholders will have less money. it will not pay a dividend in january. the payment has been delayed until april and the shareholders will get 17 cents per share. it sounds like a diet for the shareholders of bbva, ross. >> stephane, thanks for that. we'll catch new madrid a little later. spain's central bank says the country's gdp grew by 1% in the third quarter. moody's analytic sess advising that we keep the champagne on ice. the latest eurozone outlook warnings that the debt crisis continues to hit levels. bank loans are still underperforming and another u.s. debt crisis could keep the euro at elevated levels. still with us, the director of economics at moody's analytics. and peta. we've heard from santander yesterday, bbva today. how concerned are you still by the ratio of nonperforming loans in peripheral, particularly in spain? >> well, the ra

lo logran se mantienen prÁcticamente ya en la parte que no es roja, en la parte segura de la liga bbvaa cosa dos por cero en este partido nery castillo dÚoed 63 minutos pero saliÓ con dolencia muscular y error mudo jic y lo aprovecha muy bien larsson este sueco que tiene mucha cÁlidad y de esta manera se queda queda a un entonces locos tres puntos dos de inicio martÍnez no ple saliÓ al rayo vallecano. >>> maÑana es un sÚper clÁsico el primero para ancelotti y el primero para mar hoy no, maÑana sÁbado messi contra ronaldo y barcelona contra el real madrid. >>> diego en la previa. >>> su calidad futbolÍstica los ha llevado a la cima de la popularidad mundial, barcelona y real madrid dos que se verÁn la cara en el clÁsico espaÑol. >>> instituciones que inician ciclo con ideas distintas. >>> y argentino que debuta en el viejo continente con el equipo dilato lugar del mundo segÚn la agencia cuenta con 270 millones de seleccionados a su llegada solo neymar generando un costo de 68 millones dÓlares. >>> actualmente lÍder en la liga espaÑola con 25 unidades, es el equipo mÁs gol dor de la comp

lo logran se mantienen prÁcticamente ya en la parte que no es roja, en la parte segura de la liga bbvay error mudo jic y lo aprovecha muy bien larsson este sueco que tiene mucha cÁlidad y de esta manera se queda queda a un entonces locos tres puntos dos de inicio martÍnez no ple saliÓ al rayo vallecano. >>> maÑana es un sÚper clÁsico el primero para ancelotti y el primero para mar hoy no, maÑana sÁbado messi contra ronaldo y barcelona contra el real madrid. >>> diego en la previa. >>> su calidad futbolÍstica los ha llevado a la cima de la popularidad mundial, barcelona y real madrid dos que se verÁn la cara en el clÁsico espaÑol. >>> instituciones que inician ciclo con ideas distintas. >>> y argentino que debuta en el viejo continente con el equipo dilato lugar del mundo segÚn la agencia cuenta con 270 millones de seleccionados a su llegada solo neymar generando un costo de 68 millones dÓlares. >>> actualmente lÍder en la liga espaÑola con 25 unidades, es el equipo mÁs gol dor de la competencia no ha perdido ningÚn encuentro mientras que real madrid estÁ comandoado por carlos ancelotti

by the way let me throw in bbva. i think that's cheap too.great taste in cars. >> you like that? left center and $1,000. >> hey, with that said, with alternative fuels being so popular, should we watch any of the big three? >> well, i like ford. i think ford is big. i think ford is big. you see the numbers today, they were excellent. i don't think he's going there. he told me he isn't going there. >> hi, jim, darci from kirkland, washington. congratulations on episode 2,000. boo-yah. >> boo-yah. >> question on google, i saw them breaking ground in my hometown to create a second campus. >> the last quarter didn't have as much mobile as we thought. that's one of the reasons why people like facebook so much. i still have great faith in google. deep in the money calls. i think there's an opportunity. i like the ad buying. >> what about these companies that forego quick profits like amazon for reinvestment. >> amazon and tesla and netflix are not bound by the four walls of the spread sheet. i think amazon's having an unbelievable quarter. i think

we believe bbva will be better. they're more exposed to mexico.rt ranking compared to brazil which is our least favorite latin american country. they derive 1/3 of their revenues from it. >>> i think definitely everybody realizes that capitol of the banking system is at least doubled. we've got all of the u.k. plays in our portfolio. we think some of the valuations are trading at value are very interesting. >> we're asking are people selling the dollar? we're not seeing it too aggressively. the debt ceiling is a miningor thre -- major threat. i think we'll see people avoid the dollar. we won't sell overly aggressively. it's a good option given the public safe haven. >>> well, that's the thoughts of some of the analysts and guests we've had on. meanwhile, it's day seven of the u.s. government shutdown. the senate may vote this week on a bill passed by the house on saturday which would give back pay to furloughed federal workers. they insist president obama must negotiate if he wants to pass aed a bill. they have a clean spending bill if boehner wou