last year of an ethics breach of 1.8 million euros that he received from the former fifa head sepp blatter. he did get the call to reduce it to four years from six. let's speak to dr. david weber. david: i think in the broader , the justice being meted of thethe worst governing body. belle: is there no chance of coming back? david: you would say that his career in football is over. it will be without a figurehead that he was quite clearly a part of. the career is over. a few names have been circulated, but was important a is that it fif needs to take a long, hard look at it self. the investigations and the arrest were made in switzerland last spring. a year ago. they want to make sure this practice won't recur in the future. and that needs to change. belle: also mentioned in conjunction with the panama papers, will be -- will we be hearing more about him in the future. david: i think this is only the tip of the iceberg. he is fairly confident that he can get that over still. he left his position. whether or not it takes place, it quite clearly will be with more and more coming out about hi

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icel was suspended and fined $2 million over a payment he received from seth blatter.cut his suspension from four years to six and said it wasn't convinced. it,400 journalists and 150 bureaus around the world. this is bloomberg news. markets in manila have gone back to work this after monday's break for the election. let's take a look at how they e reacting to duerte's victory. >> as expected, we are seeing some caution from investors. we are down about a fourth of one percent. not as bad as people were expecting, but expect this to e volatile over the near term. they will want to see who the cabinet will be. let's throw this forth. you are basically looking at turnout evaluations. the philippines against the broader southeastern asian benchmark in the emerging markets. this is mxfo, and mxef. let's get a close up on this side. these are fairly small numbers. satisfies to say the philippines are quite expensive relative to peers and historical trends. that is a five-year look. it is way above its three-year average for a lot of reasons. what morgan stanley actually sai