it got your attention because you took a helicopter cyprus a black cock and they're were two of them. they come out in the whole idea was a bit strange but when i got to beirut helicopter would drop down. they get the 50 caliber machine guns. they come in going right into shore. this thing turns on the side. these guys were from delta force. slipped over hills and landed is like apocalypse now. >> so what have you discovered? >> is supposed to be hunting to the embassy. >> i was sent they're mainly to look for the hostages. they had completely disappeared. they had disappeared. and. >> the chief of station. and he completely disappeared. he was it over the head in his apartment coming out for thrown in the back of the car disappeared in the southern suburbs. you have a question of the embassy in april 83 which 83 which was blown up by a gmc pickup truck and managed to get and underneath the portico and exploded and it was the 1st suicide bombing against the united states which was a a huge mystery to us at the time. it mystified the fbi that the guys who had made the explosives actual

he flew to cyprus from where he is expected to continue to australia.e is said to be in good health. his colleagues mohammed fahmy and behar havebeled held for 400 days. they said campaign to free campaign in journalists will not end until all three have been released. gerald tan reports. >> reporter: this was the most rebate protest against the detension of al jazeera staff, marking a year since their arrest journalists rallied in london and around the world, sydney the hague, sarajevo. it had been a year of agony for the families of the men. australian peter greste's parents were in cairo hoping for his release by christmas. giving him a hug at the end was quite difficult. just to say good buy and to leave him for the rest of the day knowing that it's not the best place to be. >> no one expected it to go on this long. >> i believe there is a misunderstanding and it needs to be corrected. so, i am still hopeful and still fighting with mohammed for his freedom. >> the arrest of peter greste mohammed familiarhmy were initially assumed to be short-lived,

the ecb has been unbelievably creative in ireland, greece, and cyprus.hey can kind of do what they want. but it just might not come in time. i think in cyprus, it was less than three weeks between the election of a center-right president and the banks being closed. if we are thinking about the left field concerns, it could be less. >> are currency controls part of that? >> if it got to the point where the ecb said, enough is enough we don't want it on our balance sheet then you would see something very similar where you get capital controls restrictions on withdrawals. at that point, it really gets interesting. i think you would find that greek people don't want to exit. you've got a very ugly situation. not just you, but the whole world media would be portraying a country with no banks. to put that in context imagine if the u.s. could do that to north korea or iran. you would never see sanctions. it is the most wicked, damaging thing you could do in peacetime. you talk about contagion. what kind of contagion is that? >> just to come back to your earlier

. >> willoughby like what we saw in cyprus a few years ago -- will it be like what we saw in cyprus aew years ago? >> greece is a little bigger than cyprus. there will be noise. having the noise today versus having the noise three or six months from now. >> isn't that what europe specializes in -- kicking the can? six months from now, everybody keeps on trucking. >> as long as they get the euro down to basically par or below zero, in the course of kicking the can, that happens. then, there is the hope of the eurozone to operate successfully. >> what i still do not understand is why everybody is so afraid of this potential exit from greece -- of greece from the euro. >> it is a domino effect. >> do you believe that spain is next with that portugal is next or that italy -- >> as soon as they do the possibility is there that somebody could leave the euro. >> it raises the level of uncertainty. it is not so much that it will happen. in the long run, we will end up with two euros. maybe things will work out fine. what makes things work out fine -- >> not of greece leaves the euro it won't

then as we saw in cyprus, they suddenly go. it is the rest of europe that pays the price.asileios: i fully agree with that. i don't think it is so much of the additional cost burden accessing liquidity through a more costly operation, i think it is much more about a signal. we have a firm stance right there. and you need to get your act together. jonathan: a signal for spain as well? andy: look at some of the opinion polls in spain. they look like they have a good shout running up and spain is a big economy and then you go to italy, the third-largest odd market in the world and even germany cannot say that. are we seeing the whole project unwind? let's sacrifice greece and hopefully hold the whole thing together. jonathan: and he said to me before the program started, in football germany always wins, i asked if they win this time? you see the people in greece push toward making this very decision. the extreme left if you want to call it that. how does that the -- political contagion rollout? vasileios: i am not entirely sure about greece. voters rolling over to the left --

by itself, the ecb can't force this on cyprus -- excuse me, on athens. what we will be looking for now is more confirmation, trying to figure out any splits in the ecb. last night, it was pretty clear. there is a separate matter access to emergency liquidity funding. they increased it to 68.3 billion euros. it was a marginal increase, just another 3.3 billion euros in breathing space. that's an indication the ecb is playing hardball. they are not going to provide greece a safety valve. two developments out of athens yesterday evening. we had some positive news and comments from mr. vara farkas. here's what he said. the application will be written in such a way that it will satisfy the greek side and the president of the eurogroup. one way to read the delay that we have here because they were supposed to submit bids yesterday, is they are trying to find compromise. they are trying to find some way that everyone can be on the same page. however, and this is cutting against a deal when you look at the program that athens was talking about yesterday evening,

if i were cyprus, i would say i'm done, i've had it, i'm pulling out. i don't think he will, however, because i don't think the germans will allow it. it works to germany's advantage to keep greece in the euro at all costs, because it keeps the euro weak. it makes germany far more competitive in the world market. greece doesn't need the euro, as far as i'm i agree that germany the euro much more than greece does. let's see what happens if russia gets in here. they don't have any money, but they just borrowed money from china. where would you look to see that happening? >> this is interesting because russia and greece are both orthodox countries so therefore you have a religious circumstance. not enough people understand the russians are actually looking to do something to help the greeks because of that religious circumstance and because of the geopublics involv geopolitics involved. i wouldn't be surprised if putin is already moving his troops on the eastern borders, i wouldn't be surprised if putin does something relatively ugly to separate greece and

in the case of cyprus, things have to be done quickly by the country with the liquidity crunch and you have the bank holiday. i think that there is a reasonable chance this could happen in the next few weeks or next. it depends on the negotiations. if there is a sense we will see a breakthrough and the greek government comes around and agrees to continue the current program, we will not need to get there. if they say they want to exit we do not agree with the spirit of it. >> it is a prelude to the act -- to the exit. >> you can live with it for some time. you would still see capital flight and you cannot do that for too long. there are claims before. repair love government would face a constraint on the budget. >> the migrants are so different. the ecb is starting. there is no yield of their for investors. what does it mean if we get the exit? do we need a hard correction? >> i think that we look at the market valuations and the greek government may default again. it is very volatile. we have seen so little of it. it does not mean that we see the implementation and are moving towards

he's talking to my colleagues now in cyprus but everyone's trying to be very protective of him at the moment. he's been in a bubble for over a year. he doesn't really know what's going on. he's heard snippets. he was desperate for gossip. but he has no idea the clamor and international attention his incarceration has provoked. so tat the moment he's decompressing. he's speaking the to his family members. but we're giving him a little bit of breathing space before he comes out and talks to the rest of the world. >> things look promising for the egyptian mohamed fahmy, but not so much for baher. >> they're working very hard to get him out, but our hearts are sinking at the moment for baher. obviously, peter said good-bye to baher very quickly, he had just a half an hour to make those good-byes and pack his bits and pieces and leave. and baher is now left behind and i think he is probably very scared. as i'm hearing, his wife is too. and his wife was in tears when she heard that things were moving so quickly for the other two. they're worried that the media attention is just going to dis

the newly elected prime minister went hunting for allies today, beginning in cyprus, as germany stands austerity. he ran on an anti-austerity platform.

and this is a country who is part -- cyprus part of the european union. if this is the way we're going to have countries in that region affect others' economic exclusive zones which are internationally recognized and at the same time pressure a country who's in the midst of good faith negotiations to try to solve their longstanding problem in terms of the vision of the country it's a horrible set of circumstances. i hope we can be stronger with the turkish government about that this just simply -- i've read some statements, and they have been positive in terms of, you know criticizing what they've done. but they're still there. and at some point there has to be -- there's another one of those element ares of violating international -- elements of violating international norms and not having any real consequences and the message sent globally is you can do that if you happen to be the stronger party. >> and we have raised this issue, i have raised this issue. i have met with the president of cyprus, the prime minister. we've had various conversations. it h

tsipras said greece's exit from the eurozone would be an indication of southern europe, speaking from cyprus in his first official visit since last week. >> alexis tsipras, side-by-side with nikos existing youngest -- with nicos anastasiades. they are dealing with tough austerity measures imposed by the troika of international lenders, the european commission, the ecb, and the imf. >> europe needs air to breathe. for that, we need the support of our partners. it's about achieving economic growth. >> both countries have good relations with moscow. on monday, citrus ruled out taking -- tsipras ruled out taking age from russia, but he said -- taking aid from russia. meanwhile, greek finance minister yanis varoufakis is on the diplomatic offensive meeting his british counterpart george osborne to speak about response woes. >>- -- about greece's woes. >> the best way to assist is by helping greece to turn the page to reform and start growing so we can afford to pay back everything with interest. >> earlier, he said that his government would not negotiate with the truck up about greek their last c

olivia: what cyprus did two years ago, the point is hereto, what, by more time? it is not clear -- olivia: this is a quote from an economist in brussels, a well-regarded economic commentator, who is suggesting that this is one way cyprus can buy some time because it looks like the ecb is testing greece by pulling this waiver. they have to go tap these emergency funds from the greek national bank. brendan: this is something daniel gross has been talking about for a while. i talked to him two years ago about all of the flows of german money that went to greece a couple of decades ago and he said these are things the germans are not aware of. they are not aware that it was their capital that went to greece that became part of this problem, so we look at greece as a problem child. we are ignoring the flows of capital north and south within the european union that contributed that problem. that is one thing that yanis varoufakis has been very loud about. josh: it is a great shakeout in terms of what are the policy options, what are the different cars the different pla

and the new greek prime minister is in cyprus.eaking saying that we as in greece will support cypress's efforts for a just solution. he also says that messages greece has recently received show that logic cooperation for common european good is returning. you're seeing him make nice after a lot of bold statements after his party syriza was elect the. we've seen the walking back from those -- the harsh language especially over the weekend after you heard some words from the new greek finance minister. cyprus talking about cooperation. it doesn't look like greece wants to leave the eurozone. whether it has to be seems to be a daily rollercoaster. >> the bigger concern it could take up to four months to agree to a new contract with creditors. do investors have enough patience to wait out. >> and do they have time? greece has bills to pay. >> the debt expires a the end of the month. >>> let's switch focus. continue to talk about greece but for now let's take a look at the automakers. recalling more than 2 million older model cars for

greste flew to cyprus on sunday following his release, but fahmy and mohamed remain behind bars. al jazeera english managing director al anstey said the network continues to seek the remaining pair's freedom. >> we spoke to peter earlier on this afternoon, just after he was released from detention. i can't tell you how relieved we are that peter has left egypt and is on his way to be reunited with his family. it is a day a very mixed emotions. we have to focus on the fact that baher and mohamed are still behind bars, 400 days after being taken into detention. and that injustice needs to come to an end. there guilty of nothing, apart from great journalism. >> we'll have more on peter greste's release and the continued imprisoned of mohamed fahmy and baher mohamed later in the broadcast. in other news from egypt, an egyptian court has confirmed the mass death sentences of nearly 200 supporters of the banned muslim brotherhood. the defendants were convicted in december of involvement in the 2013 killings of police officers. defense attorneys say the accused were excluded from the co

. >> cyprus semi-conductors, that's his favorite for the year. >>> up next, coke beat on earnings.ow the stock is fizzling. we'll tell you how to profit now when option actions returns. >>> it is time for the upside call where the guys tell us how to make the good trades even better. last week dan kicked the tires on ford. have a listen. >> to me if you want to buy ford, if you think it's going to participate with increasing wage inflation over the next few months and increasing sentiment towards some of these sorts of plays, then i think you look at the may 16 calls. they were basically 70 cents. >> well, the stock is up pretty nicely this week, dan. what do you do now? >> stock rallied 2.5%. i think the stock was 15.90. it's 16.30 today. i'm really playing for a move back to the prior highs which is 18. if the stock gets to 17, i think what you do is look to sell some 18 calls against the 16 you own. and you have the 16-18 call spread. you offload the premium you have on this trade. and you have this nice few month trade for playing for the previous highs. >> mike, what do you th

cyprus over the longer term are some detail to his plans that he has already announced in the electioneriod to lighten the tax burden on the middle class and blue color workers and to shift some of it over to wealthier taxpayers by more aggressively pursuing tax evasion corruption within the state and also buy in stages removing the property tax that has been levied during the crisis years and has become one of the most appearbhorred symbols of aust tearty. is a tax that is levied that has been paid for, fully owned by largely middle class taxpayers in which people feel is simply unfair imposition because it isn't based upon current income. it's based upon past wealth. >> is a tax that mr. tsipras said he wants to remove. >> the leaders of france german and russia will meet to discuss ways to ends the conflict in eastern ukraine. they made that decision after a phone conference. pro- reportedly expected to attend the new round of talks. >> the ruling party is trailing behind the taent corruption in delhi's state elections. more from new delhi. >> most opinion polls are projected the co

after the 6.9 magnitude earthquake hit, it took just six seconds for the cyprus freeway to collapse.ay below. 35 cars and trucks were crushed. dr. jim betts is the chief of surgery at children's hospital in oakland. he was one of the first doctors to climb into the chaos. >> the whole situation was so unnatural. for those of us who hadn't actually been in an earthquake of that magnitude. >> reporter: he performed surgery on a 6-year-old boy. he saved the boy's life but 42 people died. >> i think you have to have a very sobering reality that something like this can happen again. >> reporter: and when the next powerful earthquake happens will the columns fail again? the investigative unit has found that some have yet to be retrofitted. >> the ones that have not been retrofitted will not farewell. it's somewhat overdue. >> she says when that happens the older nonretrofitted columns will sustain the most significant damage. >> with the type of ground shaking can result from it has increased tremendously the last three years. >> we're racing time yes. >> reporter: tom horton is the vice m

speaking in cyprus, where he was flown following his release, greste described the lead-up to his release. >> i went for a run in the prison warden called me over and told me time to pack your stuff. i said, what do you mean? he said, you're going. i said, to another prison? he said no no, that your stuff and go. and i can't tell you the real mix of emotions that was boiling inside. it was like a sense of relief and excitement, but also real stress of having to say goodbye to my colleagues and friends people who have really become family inside that prison. >> canada's foreign minister meanwhile, has said the release of canadian-egyptian journalist mohamed fahmy is imminent after fahmy agreed to renounce his egyptian citizenship. it could be released within hours. a new egyptian law allows imprisoned foreigners to be deported. peter greste is australian. the fate of the third al jazeera journalist, baher mohamed, remains unclear, as he is an egyptian citizen. the parents of 43 mexican students missing since september have taken their struggle for answers to the united nations. the parents

does leave the euro zone, the central bank would stop supporting its banking system that happened in cyprus years ago. >> what is looming over greek banks is a liquidity crisis. it's looming over the country. if the country does not resolve the liquidity issue, it will become a big problem. the bankers are squared. >> reporter: individual greeks like greek itself are caught in a debt trap. greece's left-wing government has staked its future on breaking the vicious cycle. >>> now last month attacks in paris -- excuse me -- reignited the debate over racial and cultural divisions in france. the government has promised to do more to heel those divides, but now many young muslims feel they are under increased scrutiny. >> reporter: this was once an inmate at graun -- guantanamo bay. now he's a peace activist. for this man the journey from france to an al-qaeda training camp in afghanistan happened all too quickly. >> translator: there are several reasons people become radicalized. it can be low self-esteem or a certain calling. if a person wants to create a future for themselves in someplace lik

. >> he spent two days after his release recovering in cyprus before flying back to australia.e was greeted by friends and supporters and reunited with his family. the case has provoked international outcry. 2 journalists arrested with him remain in prison in egypt. >> in an ongoing corruption scandal in brazil, the entire board of directors of the state oil giant petrobras has resigned, including the ceo. >> there was no comment from president dilma rousseff, who is close to foster and supported her in recent weeks. the oil company has been at the center of $4 billion graft scandal. several politicians are alleged to have received kickbacks. >> in bush leaguer news -- in bundesliga news, the chance of closing the gap just got loose. >> this german wenger has been presented as a new member of the team. he bought the german national player from chelsea in a deal worth 32 million euros. the 22 -- the 24-year-old has trained with his new teammates and could make his debut as soon as this weekend in the match against hoffenheim. >> look at that. they've got the gloves on too. thank

sippers -- cyprus told greece there is more work to be done. >> we want to battle that's we won the battle, but not the war. the real difficulties including those related to the negotiations in our relationship with our partners are still ahead. >> cyprus says the new agreement wiped out previous budgets. it is murder monday. at pharmaceutical group has agreed to buy another four billion dollars in cash. valley and was stored in -- valeant was sorted from buying the maker of botox b. announcement will be made later this afternoon. a change at the top of dish network. charlie ergen is not going to be the ceo of dish at the end of march. he is replacing joe clayton who is retiring. they keep losing tens of thousands of subscribers while they are investing up to $50 billion in wireless airwaves. that is his next big bet. a pay cut for the ceo of british bank which has been hit by lower profits and a tax evasion scandal. it has been cut 5%. the 2014 earnings fell 17%. the bank is dealing with fallout from a report on how it handled swiss accounts for tax evaders and criminals. the oscars went

the euro crisis and cyprus banks, the russia exposure.bout the ongoing conflict in ukraine? >> he is worried. this is hitting his pocketbook. we will get his opinions at this point. prior, he seemed to believe the sanctions were going to work. they were going to be able to find a way to broker some sort of agreement between russia and ukraine. turmoil for that region, but we could absorb that kind of impact. so far, we seem to be. we seem to be humming along volatility is still quite low. we will get housing numbers at a: 30. -- 8:30. steady as she goes in the economy. >> thank you so much. be sure to watch betty's interview with wilbur ross at 8:00. this is "bloomberg surveillance ." we will be back in just a moment. u.s. futures little changed after the s&p closed at a record high yesterday. ♪ >> we say good morning. a frigid new york city this morning. let's get to world news. >> the unite states is ready to send help to rebels in syria. the west will provide syrian fighters with machine gun mounted pickup trucks. radios to call in u.s

cyprus was a tiny portion of the overall exposure and yet the markets here were extremely rattled justears ago when this happened. that being said, i wanted to ask b.k. because we're getting all ruffled about the exit, but at the same time do you think they're saying this is a hail mary, why not try to hold your ground even though 75% of the greek people would like to stay in the eurozone? why not at least try? >> so i think you're 100% right. as far as i can tell or my view is this is all positioning ahead of the negotiation. why not put your most extreme position out there. then when you get behind closed doors you fakes itix it. i'm saying you run the risk of spooking people and having that bank run. if that bank run goes from country to country, then you have the problem. so as an investor what am i doing? i don't really want to take that risk. i don't mind missing a percent or two on the s&p 500 if i have to worry about a 10% drop because something crazy happens in greece. why not just wait? >> and that's exactly the question for the next let's call it month or two, diane, would y

making a number of investments in distressed european banks including bank of cyprus, bank of irelandnd the greek euro bank. you have a lot of skin in this game. when you hear this news out maybe we might have come to -- not an agreement per se, but some sort of like line here -- lifeline here. what do you want to see get done? >> a compromise of some sort is to be made. this is being negotiated in the news media than the conference room -- rather than the conference room. if you've set 800 times i won't do this, it's hard to go through . >> all negotiations are played out in the media and privately. this news about the loan agreement does that make you more positive? >> it does. it's a recognition of the part that greece needs the money. the deadline for that is sometime this week. perhaps as late as friday. there is still a little bit of time for people to go back and forth. the amount of the loan is not going to be a big problem. the duration does not make that much difference. the key things will be what other conditions are tied to it. what do they do about the minimum wage? how

cyprus through his program able to loosen.o you have any idea any sense of what history would tell us for how long the capital controls would be needed for? >> it is very hard to say. it depends on the greeks government next step. if they follow cyprus to agree to a new program to help and clear reform the capital controls could be lifted quickly. if you have a situation like iceland or march worse like argentina, it can last for quite a while. even worse, the greek government would have to take money out of pension funds and other public funds basically from the population to finance is spending. that would be the worst case scenario. it would really deteriorate or distort growth prospects for the next couple of years. >> the final question, marcel. there was a belief in a series of statements a couple of months of that, the german government believed that an exit of greece from the eurozone could be -- you have your air to the ground in berlin, in germany. what is the current thinking about whether or not that is achievable?

and a lot of people in cyprus.some point, you have to draw the line. i think i would not be surprised if there was in greece at this time. >> how nervous should i be -- how nervous would i be about the buildup because it greece were to exit, it will feel the pressure and that effectively it's where the losses are going to come. and the past, people got very excited and the germans started talking about it. do you think this time around that is what the officials are watching? >> a physical loss. they would have to recapitalize. and the ecb took a loss and will have to recapitalize the system. if it means the germans will have to physically put more money into the system and that will be immensely unpopular. that's something we have to consider and target to and a very large inflows into germany and chances are it is coming from greece. that is the money and you put it into a german one. >> if the system breaks down and that has to be recalibrated and the number is huge. >> yes, yes. you see the strings of zeros and

we saw that in cyprus as well. >> i think people are watching the cyprus story very carefully.a great pleasure. thank you for talking to us. coming up, the german chancellor angela merkel joined talks with president obama for talks. willie agree on a way forward with russia? -- will they agree on a way forward with russia? ♪ >> welcome back. let's take a look at the markets. let's take a look at the greek markets particularly. they are down by 6%. the banks are certainly taking it very hard this morning. the big banks are down very aggressively. you can see the pricing. some big moves on the bond market. that is it for "the pulse." ukraine is a big focus of "surveillance." ♪ >> this is "bloomberg surveillance." should the west arm ukraine? there are nine dead, 26 wounded east of kiev. greece wants reparations from germany. francois hollande and angela merkel are speechless. sam smith goes from unknown to known. we are live from our world headquarters in new york. it is monday, february 9. joining me, olivia sterns and brendan greeley. >> we begin in washington dc. german chance

you don't want a situation like what happened in cyprus. there weren't any people to bail in.hey wanted to do was make them have enough senior debt that is available to be bailed in a crisis. that is one thing. the second thing that is happening at the same time is that certain countries including britain, have brought forward legislation in the eu bank resolution recovery directive. it is all about the theme of making creditors take the loss. and not taxpayers. as a result of the new law s&p has put some of the banks on review for a downgrade. britain in particular says credit squeeze has been treated differently -- credit suisse has been treated differently because they are a holding company and in simple english they are fresh for the job. jonathan: so i was looking at a bank called rbs. 81% government owned. are we to believe the government is a bank in the event of crisis? john: it is a good question. it is to be seen. s&p itself has since replied that the fsb asked for commentary on its proposals for senior debt. s&p said it is yet to be seen what will happen in practice

how greece wants to stay in the eu, how they are working on their requirements and then going to cyprus and then rome, and not on anyone's agenda, a visit to berlin for a meeting with angela merkel, the first time you will have a meeting between angela merkel and the new government in greece, february 12 in brussels. it will be an important meeting. guys? >> and what did president obama have to say over the weekend? >> so this is really obama weighing in for the first time in some time over what greece and the eu should do, and he was largely sympathetic to the sort of greek challenge. in some ways, he was echoing a lot of what we heard during the election so we will see whether or not mr. obama's comment have any effect, but he was clearly siding with the new party. >> our international course bonded hans nichols in berlin. >> let's check at -- some of the other stories. signaling contraction, the purchasing managers index unexpectedly fell below 50 for the first time since 2012, fueling speculation that the second-largest economy will need to boost stimulus amid sliding tax relief. >>

. >> to give you a modicum of protection it is all about the cyprus that. >> check your credit reportu should be checking it once a month. >> i subscribe to to those credit monetary because i was attacked many, many years ago. >> what is he talking about? >> we just call you the old man. [laughter] what the heck is going on this week? so first to be caught in their robotic vacuum but now either the u.s. navy has the of robot wearing is the investment professional? >> this is one of the stories i don't know to be excited or terrified. the assumption is initially we will see investment of productivity but ultimately you have to look at artificial intelligence and data storage. those of the three areas i would beg on right now. tom: they crept but radio shack executives are proposing bonuses for them. >> i fecit is a disgusting abuse of the system but the judges will go for it. you don't sit there tried to save it that they will do something. but the shareholders have lost it. >> it is the accounting trick to boost the value of the company. therefore it becomes a little more valuable wit

the case against him either removed or adjourned, and they'll be deported following peter greste to cyprus and to freedom. that is what should happen. what will happens, of course is a matter for the egyptian authorities. >> and we'll have to wait and see within a few hours, the egyptian president said... >> we'll know when the prosecutor - what the prosecutor should do in the next few minutes is to withdraw the case >>> fingers crossed. >> i think that's what should happen. >> can i say - the president says it's not up to him, it's up to the court. you have said that egypt is riddled with what you call lick spittle judges they do what they are told by those in higher places. >> certainly. >> are they simply going to do what abdul fatah al-sisi wants if they throw this case out or these cases out today? >> i think everything is done in relation to what abdul fatah al-sisi wants. the lower court judges and he's back before the lower court, will do what they are told. what they should do is a matter of legality is abide by the decision. appeal court which said there was no evidence against t

renounced his egyptian citizenship, so he is now a fully fledged canadian should be put on a plane to cyprus it should be -- perhaps by the 23rd it will be hopefully the al jazeera one, and then of course on the 23rd the court should throw the whole case out, because although the judges at this level are pretty lousy, at the higher level they are much better. >> but let me ask you the fact that the -- the fact that the bail -- >> sure. >> the fact that bail was granted now, why do you think that is? it wasn't granted before. what does that suggest to you? is there a suggestion perhaps that this was a political decision? >> well of course. this is a cat and mouse game that the egyptian authorities are playing with these innocent journalists and have for 411 days. and they have succeeded. diplomacy by australia and canada has been weak and what they have done is chilled reporting of the opposition to this ah her to tearian regime. the opposition to sisi is never covered because journalists are frightened. they have made frightens, and their organizations are frightened by the fact that these j

she in cyprus. he was met by australian consular officials there. and will make his way home to australia to be with family and friends once more. on behalf of the australian government i would like to thank our consular staff who demonstrated throughout the lie level of service that australia is able to provide to its citizens in trouble overseas. but i particularly want to thank a number of other governments around the world who supported the cause and made representations at our request on peter greste's behalf to the susan shaprio government. i -- behalf to the abdul fatah al-sisi government. we had many governments, including in the region make representations on peter greste's behalf. i particularly mention the government of latvia given peter's family background the latvian government was of great assistance. it is about great relief i can confirm peter greste is on the way home. >>> a white house security council released a statement urging egypt to continue with positive progress saying. >>> well joining us in the studio is aiden white, dir

and the real concern at home with political risk of either cyprus deposit tax solution or worst caseing the eurozone. >> sorry to interrupt, i want to ask you just briefly, for both sides, they both have something to lose it really comes down to the wording, whatever agreement, the greek prime minister doesn't want to go against his promises to the greek voters and europe doesn't want to set a precedent. >> absolutely. the two sides are probably closer in meaning than the surface of it. the greek side wants to be seen giving a new deal to its voters. the wording is very important. when it comes to the actual content, at the end of the day, greeks need eu credit because of a cut out from capital markets and suffering funding credit from the financial system and the eu is the lifeline for the greeks at the moment. on the other hand, whether or not greece sees more austerity. what is clear is greece needs more reform because restore inging productivity is restoring growth and growth is the only way to deal with the debt problem down the line. certainly not an urgent problem right now. i

he left egypt about three hours ago and is now in cyprus. seeian lee is in cairo. tell us

the australian was put on a plane to cyprus today after the president approved his deportation.e was arrested over coverage of the violent crackdown in 2013. they were originally sentenced to seven years in prison. >>> i thought he was going to run, to tell you the truth, when i had heard all of the rumors. i had talked to him on the phone about it. i think he seriously considered it. and then i think he decided it was not in his best interest. i'm a great admirer of mitt romney. i think there's going to be many ways he can continue to serve this country. >> that was john mccain reacting to mitt romney's announcement. pro two days after, they are publicly complimenting the gop nominee. who benefits most now from rom knee's departure? former press secretary for al gore. and press secretary for rip roadway. this was such a surprise that mitt romney dropped out. was this a case that he finally decided look, i've done this twice, i'm tired, or was he reading the tea leaves that my money was disappears my fundraisers weren't going to be there and also my aids were leaving me? >> i th

remember, that all of the others with the exception of cyprus have exited the detailout agreement.nd and port 2k3w58 which means although they are still under -- they still have obey those rules and so on like every other country in the eurozone, they are no longer under the direct supervision of what they do. they can set their own policies. what greece wants is to get in the position where it can do exactly that. it doesn't make very much difference in that respect. what it does do though is it still leaves open the question of what to do with the greek debt overall and, therefore, what may happen to the other countries. greek debt, of course 175% of gdp needs to be restructures. it needs longer maturities maybe lower interest rates and write off at the end. the others too, because ireland and portugal have between 120s and 130% ratios. they are unsustainable. if europe doesn't get back to serious growth then those countries are going to have to come back again and ask for some rethink about their own debt. >> on a final note briefly, a lot has been written about the personalitie

turkey to the north, syria, jordan down south, israel cyprus and then you've got iraq over here. don't actually know too much about emwazi but let's be in no doubt, his days are numbered. lime zarqawi, he was taken out by an air strike and like osama bin laden who was taken out by a u.s. navy s.e.a.l. stream he was neutralized as well. his days are numbered. we do know in italy, he was responsible for guarding hostages. we know that. and then more recently in raqqa, the self-proclaimed capital of the islamic state. what we must understand from all the way done here this is the strip where it's governing-less. effectively isis have rule of law, in anything they want to do. what's really important is the intelligence community needs to get their head around human intelligence, neat to get their hands on electronic intelligence. we own the skies for a moment to listening and watching will be important. >> michael, let me ask you this. i'm out of time but you said several times his days of numbered. what exactly are you saying? that they know where he is? or there's abimminent captur

>> cyprus semi is the best. let's go to doug in north carolina. doug? >> caller: yes, sir, how are you doing? >> doing great. >> caller: need to ask you about amgen. >> amgen is good, but regeneron is no longer loved. i prefer to amgen. let's go to mark in tennessee. mark? >> caller: boo-yah, coach cramer. >> boo-yah. >> caller: my stock is affymetrix. >> this has been a serial disappointor. i've got to do more work on it. i can't believe this thing has nine lives. that, ladies and gentlemen, is the conclusion of the lightning round! >> the lightning round is sponsored by td ameritrade. >>> we live in a complex world. greek exits, rogue groups of terrorists overseas. just had the president commit more resources to fight against isis today. you need to make sure you're ready in case something unexpected sends this market south. this is where you call me, tell me your top five holdings. maybe you need to mix it up a little. jim cramer twitter doing a lot better lately. so let's start with a tweet from mess with a bull. they write, am i diversified? bank o

here and one is if they do this for greece then they open pandora box and spain and forking gallant cyprust to renegotiate the terms and that is fore the european bank and the second real issue is greeks have made progress and taken some very very difficult cuts but they have a long way to go in terms of stemming corruption systemic failure for tax evasion and these are things they simply have to do and have to cut the cost of labor, these are the harsh realities on the ground sgr not easily to sell for the prime minister and george washington university and thank you so much for your expertise this evening. >>> venezuela the mayor of caracas arrested and shows protesters gathered outside his office and protests elsewhere and last week the president maduro put him on a list of plotting a coup and venezuela police raided his office earlier today and took him in for questioning. maduro says the mayor will face justice, a whole bunch of political opponents jails. >>> nato putting to much pressure on russia. >> the man who helped astonia break away from the soviet union wants them to back off

he left egypt about three hours ago and is now in cyprus. seeian lee is in cairo. tell us how this came about. >> reporter: there were a number of hours leading up to this swirling around that rumor that they could be released. he was very careful the words he used. he said this was extradition, not deportation, that he will carry out the rest of his sentence in straldaustralia and it is up to australian officials to see that. it is highly unlikely that he will serve any time in australia as the australian government has condemned his detention in the first place. >> ian, thank you so much. we'll continue to monitor this story and check back with you for any updates. >>> today, february 1st, is exactly one year from the iowa caucuses. the first contest, of course in the presidential nominating season. in 2008 mike huckabee was the triumphant winner. >> i was never sure i would be able to love a state as much as i love my home state of arkansas. but tonight i love iowa a whole lot. >> that night, i remember it well, but huckabee's white house bid fell short. but the

he congratulateed cyprus before she did by one day. wonder if we need to be very careful about watching greece exit the eurozone, and that really could frighten the markets. >> well, i think you're right, and i think you're bridging two things together that are very important to watch. i think as europe puts more pressure on greece, i think you're going to see putin try and muddy the waters in terms of extending the olive branch and saying, don't worry, we'll offer you food, we'll offer you energy, we'll offer you anything. and i think it's just another attempt by him, again, to muddy the waters of any type of negotiations that are going on in the europe. liz: yeah. >> in terms of greece, you know, liz, i think it kind of reminds me of you must pay the rent, i can't pay the rent, you must pay the rent. [laughter] and i think greece is just going to continue to continue to buy time as much as they can to figure out how they're going to come up with a few dollars to pay a portion of the rent. liz: yes, exactly. just a portion of the rent

but in cyprus today, he said his own joy at being released is mixed with fears angst for two colleaguesemain imprisoned in egypt. >> amidst all of this relief, i still feel a sense of concern, a real sense of worry, because if it's appropriate for me, if it's right for me to be free, then it's right for all of them to be free. >> brown: greste, along with canadian-egyptian mohammed feh- mee and egyptian national baher mohamed, were arrested in december 2013 over their coverage of a crackdown on islamist protests. the three were accused of providing a platform for president mohammed morsi's muslim brotherhood after morsi was overthrown by the military. separately, in a cairo courtroom today supporters of the brotherhood chanted in protest, as a judge sentenced all 183 of them to death. they were convicted of playing a role in killing 16 police officers in the wake of morsi's ouster. it was the latest in a series of mass trials and death sentences that have drawn international condemnation. including today, at the state department in washington. >> it simply seems impossible that a fair r