the e.u. slumps more sanctions on iran targeting the country's main source of income while the union has reiterated that the move is negotiable provided to halt its nuclear program that the last season of the threat and returns to the negotiating table russia says the measures will only jeopardize diplomatic efforts to resolve the standoff. and croatia said yes to even membership but a poor turnout for the referendum and violent protests exposed deep divisions within the balkan nation the country is now set to become the union's twenty state by july next year but only after all the other members ratify the move. next max and stacey discussed the upcoming economic forum in davos and whether the world's rich and powerful are actually up to anything useful kaiser report is next .

the e.u. slumps more sanctions on iran targeting the country's main source of income for the oil the union has reiterated that the move is negotiable provided. its nuclear program that the west sees as a threat and returns to the negotiating table. and croatia says yes to either membership but more turnout for the referendum and violent protests expose deep divisions within the pope and nation the country is now set to become the union's twenty say by july of next year but only after all the other members ratify the move. now it can only be reached by helicopter but the stunning scenery of the caucuses nature reserve in southern russia is definitely worth seeing with your own eyes you can take a tour of your own right now in our special report here on our. southern russia. this faraway place can be reached by helicopter. the first few special permission to travel around here. mitri says he and his son kim have such a climate but it only allows them to film the landscapes. of all this close read it's

the e.u. slumps more sanctions on iran targeting the country's main source of income while the union has reiterated that the movie business social provided attack from halt its nuclear program that the west sees as a threat and returns to the negotiating table russia says the measures will only jeopardize diplomatic efforts to resolve the standoff. and croatia says yes to the e.u. membership but up or turn out for the referendum and violent protests exposed deep divisions within the both nation the country is now set to become the union's twenty states by july of next year but only after all the other members ratified grow. thanks max and stacey discuss the upcoming economic for economic forum in davos and whether the world's rich and powerful are actually up to anything useful kaiser report is up next. max kaiser this is the kaiser report oh that goes to the starting i think tomorrow this is the major global swap meet for dealers of weapons of mass financial destruction and they compare notes on how

e.u. law. here's matthew price. >> we found little cheer on the number 49 tram. no wonder. hungary's economy is in a slump and so here accuse the government of turning back democracy. >> there you go. >> this is what all the fuss is about? the new constitution. >> ministers are not shy of showing off the new constitution. as for the idea it's anti- democratic, i think it's the question is a bizarre question. finally we are managing to get back on track to the democratic position. >> that's not how they see it. tens of thousands turned out to protest the new laws claiming the independence of the judiciary and central bank are threatened. the public tv stayings some yournl journalists are on hunger strikes in protest. >> they are dismantling the democratic process and trying to set up a kind of tierney and regime which is unprecedented here in europe. >> this row couldn't have come at a worse time with the country in dire straits and the country needing euros in international loans to help it pay its bills. however, the legal changes put such loans in jeopardy. >> ministers say they'll do all they must to s

e.u. summit kicks off today and action movies dominate the box office. ashley morrison in new york with more. >> good morning, terrell. market in asia slumped this morning. tokyo's nikkei dropped more than half a percent in third straight session of losses. the hang seng shed more than 1.5%. >>> on wall street, investors are looking for the dow to get back on track. on friday, it lost 74 points and finished the week in the red for the first time this year. the nasdaq was up 11 points. >>> this week we'll get the january jobs report as well as earnings announcements from amazon.com and exxon-mobil. but the big news on wall street is the expected announcement that facebook is going public. the social media site could file paperwork for an ipo this week. facebook could raise as much as $10 billion once it starts selling the stock to the public. >>> european leaders are meeting in brussels to resolve the continent's debt crisis. the summit will focus on austerity measures and a tentative greek debt bill reached over the weekend. but the leaders will face protests. belgium's three major unions launched a 424-hour strike last night. >>> the chief