if that is true, silvio berlusconi is rather depraved.woman dressed as president obama sexy? now, look, we know some of this stuff is funny or so bizarre you feel a smile cross your face but there are very serious matters here. italy's unemployment remains at a 20-year high and one of the few people italians think might be able to fix it is embroiled in an underaged prostitution scandal and wiretapping scandal. what does that say about italy and europe's ability to kick off this crisis and rise again? barack obama, women dressed as barack obama, only part of the problem. thanks so much for watching. have a great weekend. "ac 360" starts now. >>> good evening, everyone. tonight, details you haven't heard about the rescue of the cleveland women held captive for close to a decade. the police officers who were first inside the house are telling their stories for the first time. >> within moments, she came charging at me. she jumped on to me, she's like you saved us, you saved us, and i'm holding on to her so tight, and then within a few secon

. >>> and an italian appeals court upheld the conviction of sylvia berlusconi on tax charges relatedcompany media set. the conviction comes at a four-year jail term and raises the possibility he could be banned from holding public office. what we want to know is is the party finally over for berlusconi or can he once again make a comeback? i presume he can have a -- whenever he likes. e-mail us, worldwide -- i think we're talking figuratively. worldwide@cnbc.com. tweet as cnbcwex or direct to me, @rosswestgate. if you want to tweet kelly, that's fine. she's not here, she's gone back to the states. but tweet her, as well. >>> the consumer electronics giant posted a net profit of $950 million and forecast another profit for this year. the earner from the nikkei has the story. more details from tokyo. hi, yukako. >> hi, ross. soapny saw a net profit of 43 billion yen crawling back into the black for the first time in five years. the weakening yen also helped in group sales grew by nearly 5% year on year to 6.8 trillion yen. its main businesses, however, remain slow with both electronics

berlusconi is taking around 29%. so as far as beppe grillo has to do some work between now and whenever he sees the next election coming. there's a few reasons for that. one of them in particular, he was criticized for not being unwilling to negotiate with any of the other parties, in particular, mr. bersani of the democratic party to try and form some kind of coalition. i asked him about this and whether in hindsight actually he would have been better to support a minority government even if the only thing that came from it was electoral reform. this is what he had to say. >> translator: no, no. it's a trick. it's not true. there never was a deal. they snubbed our movement. we're the first political force in this country. bersani didn't come to me to ask me to create a joint government against berlusconi. no, he said give us some of your votes, some of your senators so that we can govern without you. then they used the trick of saying, come on, let's get together. but they knew we had to say no because our statute s

ga sex scandal involving former italian premiere hoop silvio berlusconi in court.ore from our newsroom. >> reporter: it even has its own hashtag on twitter and people make fun of it. for the very first time we are seeing this woman in sworn testimony, and it's been an interesting day. she isabelle lee dancer nicknamed ruby the heart stealer showing up for the trial of three people who worked for 0 silvio berlusconi. they are accused of recruiting beautiful young women, specifically miners for prosecution at sexy parties. on the stand today ruby as i guess we should call her here confirmed the sexual atmosphere of those parties giving a volume of details about women, some underage girls pretending to be older, dancing and dressing up. she was given money every time she went to one of the parties after being recruited. she would dress up as a n u.n. while some of the other dancing women were in costume as well, some as president obama. and eventually they all stripped down to their underwear. at one point it got pretty steamy in the courtroom when ruby the heart stea

if not, i wouldn't have all these votes. >> bret: berlusconi has been charged with soliciting sex fromhe is under investigation for bribery and other crimes. he just lost ameal of a tax fraud -- appeal of a tax fraud conviction. >>> more with the all stars when we come back get any more tempting... ... you thought wrong. get up to 50% off hotels this memorial day with travelocity. that's a good thing, but it doesn't cover everything. only about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and save you up to thousands of dollars in out-of-pocket costs. call today to request a free decision guide to help you better understand what medicare is all about. and which aarp medicare supplement plan works best for you. with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referr

. >> an italian court has upheld a tax fraud conviction imposed on former prime minister silvio berlusconi which could land him in jail for year. he's expected to appeal to italy's highest court, further delaying a trial that began seven years ago. the former leader has been embroiled in numerous scandals during his 20-year political career, including alleged sexual relations with an underage prostitutes. his center-right party has joined the fragile new governing coalition in rome. >> in germany, tax authorities expect to continue collecting record revenues despite a slight downward correction in their latest forecast. >> speaking at the end of a three-day working session, the german finance minister said the government remained on course to meet its goal of a balanced budget by 2015. he said the government is currently collecting adequate revenues and that there is no need for higher taxes, something opposition parties are calling for in their campaign for elections coming up this fall. well, even in a wealthy country like germany, a full-time job does not always guarantee a wage you can

even before you get to the details in the silvio berlusconi trial in italy where some of the prostitutes at his bunga bunga party were paid to dress up like barack obama, for whatever reason. it's that kind of day in the news. >>> today is scandal o'clock all day long. we saw the guy forced out of the irs grilled about the tax agency using single key words to skrine out people for scrutiny. he did tell two higher-ups last june that he was going to be doing this investigation into how the conservative groups were treated. he told the deputy treasury secretary and the general counsel at treasury that he was starting this inquiry as to whether conservatives were being unfairly singled out. he told them he was starting this inquiry but obviously not what the inquiry had found since he hadn't found anything yet since he was just getting started. republicans have seized on this news because of the timing. saying it's important there were administration officials outside just the irs itself who knew before the election that there was at least a potential problem with the irs targeting conservat

to tally an appeals court upheld the tax fraud conviction against former prime minister silvio berlusconi sentencing him to four years in prison he was convicted in connection with the purchase of broadcasting rights by a television network media set but ask only can still appeal this latest verdict in a high court. france and poland marking their victory over nazi led forces in one nine hundred forty five the presidents of the countries occupied during world war two laid a wreath at the tomb of the unknown soldier in paris the sixty eighth anniversary will also be celebrated here in moscow on thursday and we'll be covering the parade live starting at six in the morning g.m.t. . sometimes to get from a to b. you have to dig for a solution quite literally in the next story a group of russian workers have certainly gone with the flow using huge excavators to cross a fast moving river don't believe me sees it in a question of who's got the story. it really seems like one collab you look at the key there are so many people there and amazingly they're not just standing there for a bus right th

sill view yeah berlusconi, they were accusing of trying to eliminate him politically. they're outlining the government's agenda here on cnbc and explaining the steps they're taking to try to boost the economy and reduce the deficit. >> it is going to be redesigned in such a way not to increase the deficit and to stay within those limits. as i said, thanks to the kind of policies that were followed in the last few years, we have already gained some room of maneuver within the 3% margin. we are not above or very close to it. i think it's a feasible job. >> an hour and nine minutes into the trading day. they've been trading at the best level since october of 2007. it's a little bit less than a tenth in the cac ka rant. we're look on the down side. top stocks worth looking at this morning. the bank is down 1 point poip 78. we'll have more information on that coming up. as far as commerce bank is concerned, down 4.5%. the subscription will start in the middle of this week. speaking to reuters, this is part of the bank' plan. deduction rate, 18% of the first quarter. it's go

democratic party, martilo did he vito founded by beppe grillo may have been pitted against the berlusconi candidate receives more than 50% of the vote, runoffs will be held. >>> the european commission this week is expected to heavily criticize for out cutting debt and implement reforms. the commission will, in a report to be published on wednesday, driven funds where hollande's government unless it takes actions to improve competitiveness and cut by 2015. with india and spain coming under scrutiny, the suggestions the commission could use new power toes impose to address its banking crisis. >>> the french president hollande's credit rating is lower after an all-time low in april. stephane, what's behind the increased support for hollande? >> there could be a couple of reasons, but according to the results of this ifo survey, one of the reasons why francois hollande regained popularity is for implementing the same-sex marriage bill despite protests. organizers of yesterday's protest claims that there were 1 million people in the streets. the original leader did not take part in the demons

demanding a sentence of six years in jail and a life-time ban from public office for former premier berlusconi. this occurred at a party he hosted while premier for italy and then is accused of covering it up. >>> this spring, the fda agreed to lower the age limit from 17 tosa for the morning of a after pill. but a judge said any age restrictions on the morning- after pill are based on politics, not science. so on april 5th, the judge ruled the plan b pill should be available to anyone with no age limit. however, he agreed to delay implementation to give -- to give time for the graffiti to appeal -- for the government to appeal. >>> police say a mummified skull found on wednesday at was solutions probably came from a homicide victim. police also say the person had been dead for months, maybe even years and the skull probably came from outside of oakland. they don't know if the victim was a man or a woman. the alameda county coroner will conductant autopsy. >>> in huntingen to beach, a group of -- in huntington beach, a group of boys beat a man with their skateboarders. police say a group of fi

. >> he's probably learning what tri cet learned, once you give berlusconi breathing room, he took itt do the deficit stuff. >> exactly. he wants to put a long-term deficit reduction. tax reform, entitlement reform. he does not want current deficit reduction. i think what he wants is he wants the federal reserve and the federal government on the same team of fighting unemployment. >> okay. what about the ecb. are they going to cut or not? >> they're going to cut. expectations built in. and ecb has a habgt of leading people and then disappointing. but i don't think you do it this time. >> what good does it do? >> what good does qe do? >> you do it because you can. that's where they are. >> the vast majority believe absolutely they will cut. in fact, if you're going to get -- >> japan? >> no. quarter point. to get any kind of reaction out of the markets because it's all priced in, announce collateral rules changes. the one thing peel should remember about europe versus the united states over in europe most lending is still done through banks. to your point, if the the banks are lending,