, which had made a lot of our visitors reluctant to come to greece. this was our message to the world that greece is always a very friendly and very safe place to visit. >> europeans remain the main customers for the greek tourism industry. she expressed hope to receive more visitors from asia, such as japanese and chinese. >> australian military officials want to strengthen their naval power as security changes with china's increasing maritime activity. they are showing strong interests in japan's technology. japanese defense minister and his australian counterpart met on thursday in tokyo. they agreed on possible cooperation in the field. >> translator: i wish to boost the strategic partnership between australia and japan. >> we are great commercial friends, japan and australia. i think we can be even better military friends. >> johnston asked for assistance with his country's plan to procure new submarines. ito says japanese officials will study what cooperation is possible. japan has strict arms exports rules. it is known as guidelines for the thr

greece and focus again.ewers in europe, good evening those in asia, and a very warm welcome to those just waking up in the u.s. i'm guy johnson. this is "the pulse," here in london. a busy 24 hours. it does not stop there. let's talk a lot our big focus. the world's number one food company, nestle, shares under pressure. sales missed estimates. its ceo joins us live in 15 minutes for his first tv interview of the day. paul bulcke is the perfect person to talk about the issues gripping investors. his business has exposure to the global slowdown. the deflation risk in europe, the standoff with russia, the threat of ebola. we will explore those angles. let's start with our international correspondent hans nichols. what do we get from nestle today? >> their nine-month numbers. we got them sticking to their full year projection of 5% revenue growth. even though, for the first nine months, they missed estimates. at 4.5 percent revenue growth. the expectation was 4.7%. how difficult of the currency situation is. of

, greece's economy never grew up.

is telling greece to forget about it. the only way is if the creditors say to them, you can have it. >> the reason greece is asking for this now is because there has been some progress, but at the same time when it comes to the streets of athens there is very little to show. are six years of recession. there is a hugely high unemployment rate, but there is nothing to show otherwise. i think what greece gets is .aybe self-support from the ecb what it is all said and done. when we do have the second round, when the ecb is in the bond market buying the asset backed securities, i think that will be egg knowledge by the -- be acknowledged, which is another reason for greeks to not go that route. >> which makes you wonder why they came out and said they wanted to do this. i spent some time in the united states, and there was huge andmism about mario draghi the ecb possibility to do whatever it takes to buy sovereign debt. >> i think the perception is fading somewhat. market reaction has everything to do with it. i think the mea

greece now above 8%. it was below 6% a few days ago. massive moves in greece. that's mainly a political fear. will there be early elections, despite winning a vote of confidence last friday and will greece exit its imf loans early? let's look at forex. the u.s. dollar gave up some ground early today, but it's now strengthened in the last hour or so. the competing worries, it has stronger growth than elsewhere. should it be strengthening? but lower bond yields make it less attractive on interest rate differentials. anyway, as we look at things now, it is in stronger territory for the day. the euro, 1.2795 against the dollar, against the yen, flat, 105.9. aussie/dollar, giving up quite a lot of ground today. 0.8757. cable is at 1.5991. that's basically flat. let's hear what's happening in markets in asia. sri jegarajah is in singapore for us. good morning, sri. >> good morning, wilfred. the contagion that we got from the european markets and stateside with the exception of a few pockets of brazilians, the aussie, asx 200 in positive territory, up by 0.2%. and the

. >>> coming up, on the news hour we report from greece on how some small-time farmers are taking oniants. and we will tell you why this one world champion could be ruled out for qualifying for the u.s. grand prix and that is not the car he will be using and this will be up in just a moment. ♪ ♪ the economic troubles they had in greece particularly hit dairy farmers, almost put out of business many of them by the big producers so some of the little guys join together to take on the diary giants and as john discovered in central greece. >> fresh greek milk is among europe's most expensive and they have not lowered the price and diary farmers like the second generation milk producer ought to be well paid. >> translator: the prices make things much worse and the rate for milk doesn't support producers and small disappeared and only medium and large survived because profit margins are small and you need lots of production. >> reporter: it's the diary companies raking in all the profits so here the agricultural capitol of greece 100 of them formed a cooperative to compete with the big bra

earlier your guest said greece may get out of the euro. if they do how are they going to borrow money? they are not. here in america we are not doing a good job with debt levels. the leaders have to get the economies under control and grow through production and not debt spending. >> thank you very much. >>> we hit another new low in the dow jones industrial average down 459 points on the trading session. the ten year went sub 2% this morning and this afternoon rick santel santelli, what do you think? >> first of all, i think there has been capitulation in the treasury market. we are down 20 basis points from yesterday's close to 2% but we are 15 basis points off of the interday low as you are looking at the charts which happen to have been 185, a very similar set of circumstances for all other maturities. dollar index obviously not having a good day. what does it all mean? it means maybe there were new buyers. meaning as rates go durations need to be adjusted by the mortgage community. that is a section of buyers. when you see these types

of the national bank of greece will be with us as well.robably guess we're going to be spending an awful lot of time talking about the stress test. we're looking forward to the conversation. we hope you'll join in. join us on twitter. i'm @guyjohnsontv. >> >> @flacqua. we'll be talking about consolidation and what role eye yal tan banks have to play in all of this. there's a theme running through this, right? >> italian. >> italians not doing so great this morning. we'll get their take on it, because this may be a turning point to say, look, we start from a level playing field and consolidate and see what happens next. >> plus eye yal tan banks limit down this morning. they're under pressure. we'll talk about that as well. see you in a moment. ♪ >> with international elections, monday morning brings a pro-europe ukraine business as usual in brazil. italy is most stressed as europe tests banks. we speak to former e.c.b. president jean-claude trichet. and i quit. we consider the quit rate. good morning, everyone. this is "bloomberg surveilla

his lifetime savings managing a restaurant in greece.er 23 years away he feels out of place. >> translator: psychologically we're not okay. we got used to a different way of thinking. the people i worked with loved me. they had given me the keys to the business, and i did right by them. if they told me to go back we would leave in the night. >> reporter: his daughters were both born in greece and have never known albania. >> translator: i thought it would be like greece. i said let's go. i liked the idea, but i regretted it. >> reporter: they are among some 200,000 albanians who have come back from greece and italy during the crisis. their children don't speak albanian, so many enroll in greek schools like this one. they bring back skills and entrepreneurship, creating 70,000 new jobs just in the last six months. and albanian has reversed a tradition of immigration. last year it offered permits to italians looking for work. >> reporter: they would send back up to a billion dollars a year helping to bolster this economy. and those remitta

it was sculpted in ancient greece in about 200 b.c. like liberty, victory is portrayed as female-- inspiring, alluring even as she alights gently on the prow of a victorious warship, the wind streaming against her body. it's a theme which turns up in many forms in the story of western art. like liberty victory is an idealized personification of an abstraction for which men and women have been prepared to die. in the 18th century, the age of reason used symbols like this in the belief that the humane values of classical tradition could be attained even today. the revolution hung on to such symbols, both to express their high hopes and in the end to justify their worst excesses. these are still potent myths in our culture today. in the story of western art, though by the middle of the 19th century, change is in the air. artists begin increasingly to be interested in portraying modern life and turn their back on the classical tradition. captioning performed by the national captioning institute, inc. captions copyright 1989 educational bro

did the market send greece a warning?hy they may need to think twice about an early exit. >> welcome back, you are watching "the pulse." it has been quite a week for greek debt. this is the greek 10 year, that is where we started and that is where we are now. you can see the asus points have an absolute enormous lead. markets around europe are bouncing today. what caused all this? let's try to get one from our next guest. you and i met at various stages of the financial crisis -- --the famous leak story things are different today? >> are they? in 2009 to acit balanced budget in 2015, last year for the first time since 1948 with a positive current account, we had a hyper schedule , andarket access targets the first in the world in adopting structural reform. in this quarter that just ended, the first quarter and's 2008. fundamentals are completely different today than anytime before. the market is not convinced, how do you convince the market? you gave me a whole lot of numbers but the market is not convinced. you got a me

the market is giving greece a warning. you want to exit the bailout program, we will push up yields on the 10 year by 95 basis points in a day. the market has a message for greece and they might have to think twice. >> jon ferro in london. >> with the european angle. i am more focused on europe than the u.s.. my assist area. and greeces bonds tanks, they recovered in time for baseball. giant volatility. ull, he purvis is a b joins us. it's fun for the media. for you, it's not fun. how painful? >> if they sell off had been happening in 2012, we would not be thinking this was the end of the world. back then, we were looking at vix hit 48.e we've been accustomed to tidy selloffs. we've pushed into, opened up a wider range. that has to be benched against massive cross a as it volatility suppression we saw in the first half of this year. volatility suppression, youou can only hold things down for so long. that is what the fed has been trying to do. reality sets in. >> this is an inevitable and healthy evolution of the market. >

greece was down by more than 10%. it is in a bear market. has -- as has portugal. that is the red circle. when mario draghi, the ecb resident stopped short of spelling out how many assets the ecb might buy to head off deflation. that day, european stocks plunged the most in 15 months. the stoxx 600 has fallen by 6%. the fear is there is a limit. whatever it takes thomas happened in july 2012. the stoxx 600 is up by 40% since then. the fear is maybe he will not do whatever it takes. maybe he will not allowed the big bazooka and by sovereign debt. volatility is rising as well since those june highs, since when the stoxx 600 was at its highest level in six years. those were the call must days for volatility in seven years. volatility was at a seven-year low. index, then fear volatility index has more than doubled. it closed at a two-year high. the stoxx 600 is in a correction mode. the big question i am asking, is it down to mario draghi? x he -- heathrow and other airports have started screening passengers arriving from countries affected i eb

greece was -- greece mattered because it was the conduit about fears of the break-up zone. syria is -- i think that it is a sign that is clearly in all of these countries and there's a desperate part on the greek government to reclaim domestic ownership. >> because greek equities have been very strong and fixed interest is strong this year. will you be investing in greece? >> no, i wouldn't. i would steer clear of greece until it is clear that the government is meaningfully addressing the important structural reforms. so i would be very cautious about investing in greece. no two ways about it, it's been a tremendous rally, but it's been the disconnect between fundamentals very startling. >> i think we touched on every continent. much appreciated. nicholas spiro, thank you. >>> u.s. health officials are playing down fears of further ebola cases saying no new infections have appeared so far. this as the first person diagnosed we bo louisiaith ebol his life. we'll have a live report from jay gray in dallas coming up next hour. >>> this comes as the scientists say there's a 75%

. >> now to greece, just over a year ago, greece's state broadcaster was suddenly shut down.he aim was to show international lenders that greece was serious about economic reforms. the station had been accused of exorbitant pay for star reporters and managers, but greek people were shocked to see the news suddenly replaced by a black screen, so the journalists decided to simply keep on broadcasting. >> radio station ert no longer exists. it was close to 15 months ago. police forced everyone out of its building in athens in november, 2013, triggering massive road test and riots, but the building remained empty. today, the new state radio station broadcasts from here with reduced staff and pro-government talk shows all day. andrea's work here for more than 20 years. now he is a radio presenter across the street at ert open. today, his program focuses on what is going on in the socialist party. a camera man shooting footage in cases television colleagues. it is well networked, including 16 regional radio stations people have occupied. >> in reality of the 25 to 30,000 euros i'm

. >>> now the economic crisis in greece hit dairy farmers particularly hard.lmost put out of business by big producers. but instead of going bust, a group of them got together and created a unique plan. john reports now from central greece. >> reporter: fresh greek milk is among europe's most expensive. even the crisis hasn't lowered its price. so dairy farmers, like this second generation milk producer ought to be well paid. >> translator: the crisis made things much worse, the [ inaudible ] small producers disappeared only medium and large producers survived because profit margins are extremely small and you need a lot of production. >> reporter: farmers say it's the dairy companies that are raking in the profits. so a hundred of them formed a cooperative to compete with the big brands. they are now doing something revolutionary for the greek market it is selling directly to the consumer through vending machines. the co-op offers farmers a few pennies more per liter than dairy companies. producers and consumers are happy. so why hasn't the whole greek econom

we are there with greece, believe it or not. the worst market of all has been greece. let's show you the yields in greece up about 8%, as i checked. then when you look at the greek stock, it's hammered by more than 20% in the last month. what is going on there? who things. greece would very much like to exit the bailout program. they're on the verge of doing so. the current government would love to be able to say look, we've gotten out of the bailout. that way they can win re-election, right? the yields in the market are telling you, we're nervous about you leaving the training wheels and not having a back stop when it comes to potentially issues with the european economy. one. the second thing that is happening is this guy, our favorite extreme leftist from greece is once again rising in the polls. if he were to have an election today, he would likely win. it is possible, but not probable, that he could be prime minister within the next year. and if that were to happen, he has all these conditions about staying in the euro which suggests they may not stay in the euro,

i'm less concerned about greece.y have surpluses and may or may not believe and i think it turns it around and the yields more than double if not triple the yields of other countries right now. >> that is without a doubt the most polite anybody's told me i'm flat wrong. >> but let me get back to mandy's question if i could. >> yes. >> how it happened an things better this week than last. you have a capitulation last week and then first in bonds and then stocks and in oil. all these things cleaned out. you on last wednesday traded 11.9 billion of stocks, this's the most traded since august of 2011 when s&p downgraded the u.s. so i really think you got rid of a lot of leverage positions in lot of areas and i think it's more quiet and reasonable between now and certainly the fed meeting next week and then possibly towards the end of the year. >> i hope you're right, andy. talking about greece, move around the world a little bit and go further east here. you have a gdp print out of china this afternoon and i think larry

have never known albania. >> we thought it would be like greece. i liked the idea, but he regretted it. >> around 200,000 albanians, that came back from the crisis, the children don't speak albanian, many enrolled in greek schools. they bring back skills and entrepreneurships, creating 70,000 new jobs. despite the pains, they have a tradition of immigration. they have 19,000 permits. before the crisis, albanians would send home millions, they have fallen by half, as the returning diaf ra made investments at home instead. the center right government ran on a promise of bringing albania into the european union. it bussed in opponents, who he believed gave it 10 seats in parms. >> it made the political system more sophisticated. the goods it delivered and the propaganda it can generate. it represents the major turn out. of the government, previous elections. it was partly app attribute of the new voters. >> reporter: the crisis may have nearly cost creek the e.u. membership. >> reporter: there are hundreds of egyptians who life in northern sinai. hous

huge concerns about the outlook for greece. because of the banking sector, because of the possibility of early elections, we're joined by the imf data earlier has caused significant concern and huge magnitude of bond moves that we haven't seen since back in may 2010. that's not trillion case at the moment, but a bond move has been very big. the spread between the german and the greek yield is as big as it's been for a couple of years. the u.s. dollar has given up a bit of ground for this week and last week over the following 12 weeks of gains. the yen is basically flat today, at 106.4. but the yen has gained some ground this week. that's hurt the nikkei which we'll hear about in a minute. aussie/dollar is at 0.877. cable is at 106.0. all of these relatively flat today. euro/dollar, 127.9. let's get an update on markets in asia. sri jegarajah is standing by in singapore. good morning, sri. >> good morning, will. thanks for that. for the asian markets, as you pointed out, with the exception of the nikkei 225, what a horrible week

greece seemed prosperous before the crisis, partly thanks to european money.ese creatures, its economy never grew up. >>> jo is here with an update on all of the sports stories. >> thank you very much. nba star lebron james got a rousing reception in his return to cleveland. while his homecoming has certainly generated plenty of hype, his performance on the court was a different story. sarah coates reports. >> reporter: he is the man cavaliers fans came out to see. [ cheers and applause ] >> reporter: the moment they have been waiting four long years for. superstar lebron james, finally back home in cleveland, up against the new york knicks. james got on the board thanks to pass from kevin love. the cavaliers [ technical difficulties ] but lebron's performance was weak. for the first time in his career, he made eight turnovers and scored fewer than 20 points. >> i think they should call a time-out. >> reporter: the marquee man finished with eight turnovers. as the new york knicks spoiled the party for the homecoming king, 95-90. >> i got some great looks. i mi

one of them that stands out is greece. it did touch above 9% with greece moving in the opposite direction of europe. this is much of a bigger risk with greece concerned about the fundamental outlook. we'll look at the u.s. dollar giving up a little bit of the gapes it's had over the course of the year, but still they are a strong position for the u.s. dollar. today things are sort of generally flat. the euro/dollar at 1.2756. the u.s. dollar gaping a little bit of ground against the yen to help the nikkei come to 107.04. the aussie dollar is relatively flat at .8757. sri is standing by in singapore with more for us this morning. sri? >> well, thank you for that. blistering risk on the rally in the asian markets. really exemplified by the nikkei. almost a 600-point gain at the settlement to represent the first and best day since june of 2016. the question is, will it last? there's a fear that this is a little off the rational exuberance heading into tomorrow. it will be a key day for third quarter gdp for china. the concern

and after fracturing his nose in greece expected to wear a protective facemask.he two sides will meet in germany.

, greece's economy never grew up. >> the drought takes hold with devastating results but now science fights back. >> it will map the water in earth's soil has the potential to be revolutionary. >> satellites tracking water from above. innovation shows water. >> ok, i'll take your word for it. >> a biologist specializing in evolution. techno investigates the new dust bowl. tonight, beyond science, innovative goggles and the story she'll never forget. >> looks like there's another one. hold on. >> that's our team. now let's do some science. >> welcome to techno. we have recently done this drive from l.a. to san francisco. it's beautiful, but in the central valley, you see the farms and signs. >> they basically say no water, no jobs. >> california is in a really intense prolonged drought. this is a worldwide thing, all over the globe, there are more extreme weather events. places are getting warmer, places are getting drier. it's a pretty big deal. >> we went to central voluntarily to see just how bad it is, what technology can do to maybe help fix it. let's take a look. >> we are seein

in the case of greece. i extended that into a qe program, maybe the ecb might decide to go down the same road as well. there may be some conditionality attached to that as well. maybe they should avoid that. difficult to avoid it. in that case, because we would be buying bonds at very low ratings, we would want the reassurance that these programs -- these countries are still in the program. >> would you have to do the same thing with government bonds? would greece need to be in a program? >> it is conceivable that the ec by what -- ecb would require a minimum requirement or something. ways, it is very difficult to avoid this. most people remember that at the , it was laterp revealed that the national bank governance wrote letters to the countries involved calling for a series of reforms. betweenpast the border pure monetary policy and economic policy. when they told these countries you need to tighten monetary policy and so on and so forth. the ecb is part of the troika. it decides what should be done in te

it would be worse than greece. greece is 26.3. nation, it would be stripping out all the other cities in the world. just going down the list quickly, you can see where some of the other countries lie. 12.36%. you'll sigh the u.k. and the u.s. as well. at the bottom, bottom of the misery index. thailand. 2.8%. because it has got low inflation and extremely low unemployment as well. >> this is for the european union as a whole. misery has come down a lot in the european union. the e.u. misery index, the latter part of 2012 -- >> that will be the inflation. >> go back to venezuela. you have a job and -- >> worsening economic climb. developed by an american economist who served as the chairman of the council of economic advisors in the u.s. the misery index is also an american death grind band. there you go. your fact of the day. formed in 2001 in baltimore. >> you have really gone off there. >> let's talk about i.p.o.'s on the heels of alibaba. what is the story? >> it has gone big. 4 2 1/2-year-old. 1.6 billion euros is how much the

they were one of greece's biggest basketball clubs. but now why they have to come back from relegation and corruption. >>> hello, many children in south africa walked long distances to get to school. some arrived late, some dropped out because of the lengthy trick. we report from arning farm outside johannesburg on a new plan to improve attendance and punctuation titly. >> it's the third time this week this boy is late for school. his mother cannot afford public transport. he walks 5km every day. >> i'm staying far, far away. i'm coming late into school. when i stay far like that, sometimes i'm not catching up the time. >> the 19-year-old south african is writing exams and is worried coming late and missing lessons could make him fail. >> most of them are irritable. and they do not concentrate for the better part of a lesson, and it affects the results. so it's important that when they come in, then they get education on time. >> today news - these bicycles were delivered to the school, and could help with punctuality. a 2-hour walk co

clooney goes to greece, and she's is wildly popular, kev. >> amal alamuddin, now amal clooney is nowack at work. get this, she is advising the government of greece on securing the return of antiquities from an english museum. i see you, amal. go ahead and do your thing. but really, it doesn't matter what she does because it is clear now that the world is infatuated with the new mrs. clooney. >> and her new look, of course. i mean, literally, she is mobbed by photographers everywhere she goes, and i don't know how she possibly does her regular job. like what is it, your honor, k,clic click, click,cl ick, click, right? our top story, the captivating mrs. clooney. >> amashlgs amal, amal. >> i'm honored to have been invited by the government to attend a series of meetings this week. i'm very much looking forward to it. >> news of her name change crashed her law

but greece itself had remained largely unknown.rtists like poussin were depicting imaginary landscapes. and then during the 18th century, the discoveries at herculaneum and pompeii, baalbek, and palmeira opened a new horizon on the ancient world. and that was the time that theorists like winckelmann and, slightly later, goethe, propounded their theory that the greek style, this noble simplicity, was the true style, was the perfection of art, that the greeks had known true liberty because of the light of reason, and that their art had attained its perfection because of liberty. the message for the 18th century, then, was clear-- that this was the art for free peoples, a vision of an ordered and harmonious universe governed by classical ideals of perfection and harmony. neo-classicism, then, perhaps it is, but better to call it the art of the age of reason. in the last half of the 18th century, these ideas grew more influential. even architectal forms would be interpreted in terms of the search for rationality, as seen in one of the

draghi because greece is starting to come apart. italy's coming right behind it. he's not going to get away with a verbal q.e. anymore. he's going to have to put something up, and that may dictate where the market goes. >> art, thank you so much. ron, thank you as well. >>> let's send it over to dom for a "market flash." >> all right. sue, a strong session for the casino stocks. las vegas sands increasing its dividend by 30% and began a $2 billion share buyback program. its third quarter profits were better than expected. so here's how its rivals are trading now. wynn las vegas sands, mgm all as a group up 5% to 6%. sue, a nice day for casinos. back to you. >> thank you so much. >>> apple shares briefly moved into the green, then moved into the red. so we're going to check on those shares right now, and they are in the red by 17 cents. we go live to cupertino, california, where apple's latest product launch is under way. we'll have the latest from that. >>> plus, three top apple watchers. what they think of the new products. >>> meantime, as we head into the break

greece has a long runway. they have taken a lot of austerity. they are at a budget surplus and trade surplus. so the world is looking and saying well look what happened to greece before but i think they are sort of on the way to recovery. and there are other places in europe that maybe have been too proud to take restructuring that are being priced as if completely risk free and those are places where people should be more worried. >> you don't worry about quality of capital in the greek bank, credit spreads. >> there are huge provisions for loan losses here and they have very high tier one capital ratios. alpha is one of the best capitalized banks in all of europe. and i think they may be over reserved. the greek government said you can't foreclose on people's houses. and the result was i think a lot of people who could pay mortgage stopped paying so you have a lot of non conforming loans and next year that reverses and i think a lot to defaults come back in status. and eventually those show up as capital and profits and earnings and if that th

greece and cyprus each have three banks that failed. belgium and slovenia have two. >>> well, the capital shortfall total, 25 banks had to write down 48 billion euros in assets and non-performing loans. let's go to annetta in frankfurt. i have to chuckle when i hear about the stock market, where stocks have been and why they are going up. he's a pundit, yeah? >> reporter: he is, indeed. my guess is he has a very tough securities disclosure policy. but joking aside, looking at what happened today in the markets, actually that plays down or goes down well in the ecb because those banks might actually fail like commerce bank is surging as we have seen the market open right now. but aside this from the president of the ecb, he also had time and the possibility to ask him whether the ecb is also considering to expanding their unconventional measure tool by tapping into the corporate bond markets. take a listen what he had to say. >> it is not on the table. there were all these rumors in the media, but indeed the decisions we took are the dec

look at the figures, how greece is up 7%. italy over 3%.t's been a monster week for european markets. the atmosphere helped by the fact that the european central bank has announced it's completed the legal framework on private qe around europe. and then massive swings to the downside. merril calling in a monster outflow. but we are rebounding strongly as you can see. yesterday you have the massive interday swings of up to 5%. this is where we ended for the week on the charts. i can tell you that -- this is the important thing. the german dax is now flat for the week overall give or take. in fact slightly positive up half a percent. you can see spain and milan are down in negative territory still however. the other thing from the ecb is last night they announced they are going to reduce the haircut on great debt banks post as collateral with the ecb. that basically injects funds or at least it is extra capital for the banks to play with. and that is one of the reasons why you see greece rebounding 7% today. don't forget this is the week that

for instance, could striking workers in greece delay your retirement?here to make the connections to your money real. >> america votes 2014 >> the race is still a dead heat >> filmmaker aj schack turns his camera towards elections in the swing states >> it shows you who these people are... in ways that you don't get to see from the short appearances >> unconventional... >> if i can drink this... i don't see why you should be able to smoke that... >> unscripted... >> we gonna do this? >> ...and uncensored... >> are you kidding me? >> america votes 2014 midterms the series continues only on al jazeera america >>> the top stories on the al jazerra news hour. gunfire and explosions have been ringing out from around the lebanese city of tripoli where the army has been battling armed fighters at least 16 people have died in two days of fighting sparked by the arrest of an alleged isil recruiter. >>> the u.s. ambassador to the u.n. has criticized the international community over its slow response to ebola. samantha powers says some nation that his offered to h

this goes all the way to greece. he might be able to attack the supply lines. they are going to have to string the army out and leave men behind to protect vital points. the problem johnson has is he is losing real estate. as he is losing real estate, he is going to give off the initiative. he is also going to allow threatened.e the paper spot at length that could fall. we are stilllls ok. what the newspaper efforts did not realize is if atlanta falls, it is a huge plume in the hat of abraham lincoln. if lincoln brings home this victory that is one more step towards the republican party that isack over, and what the confederacy cannot have. .here are a number of battles it is going to be a series of retreats and a series of mixed opportunities for the unionerates as well as forces. they are going to make it to atlanta. mid-july they are across the river, which is five miles from atlanta. at this point something has to be done. johnson has given up too much territory. joe johnson is going to be questioned by davis. to two different commanders. he has two choices

greece last week, fully anticipated the good news today.nd since would've not resolved numbers, although euro bank has clearly itself in the position where it is not to the very sears. some banks have profits. talkingsings, women about -- we have been talking about the short interest. some were bidding the share prices and they have a closing out. settles, there will be real winners and real losers. ing is a winner. i am backing -- there are great things in europe. controlling costs and building sales lines. in a debate the world, there will be i -- outright winners. tothe equity winners, talk me about lending. the ecb [indiscernible] when they identified an extra 103rd 2 billion euros in underperforming loans, how will it leads to -- >> no answer. >> i need your help. more ofve to see much robust language from the agenda to get economy is moving. itsee governments recognize, does not work. i would say that france would be the first big government to say we are going to have to spend more money and have to stretch the deficit because we do

ie italy and greece. the weakest today. they dominated the list. italy nine failures, in fact, 13 banks need to raise about $12 billion in capital. the oldest bank in the world is one of the most troubled. italy had the largest capital shortfall $2.7 billion. the milan also needs to raise capital as does the national bank of grease. see what's happened to them there. that's according to the ecb. once they complete a restructuring plan the national bank of greece says they should have a surplus. what isn't clear yet, are these tests credible? remember during the previous stress test in 2011, at least one bank failed within months of passing the stress test. we're going to watch and see how the markets react and whether or not these banks can hold on. >> you want to talk to us at all about brazil and what you think the days and weeks ahead are going to be now that the election is in the books? >> well, huge, huge market day in brazil. it had been off at one point by more than 9%. i mean we talk about that over a couple of weeks in the united states.

manus is in such a good mood because northern ireland beat greece. >> poland drew with scotland. the republic of, drew against germany. great time for northern ireland. and the republic of ireland as well. it do join us on twitter. let us know what you think of the show. last, but not least, his own page. countdown continues in the next hour. ♪ >> shakeup at stat. >> slowdown in age a >> -- asia. the chinese are curbing their spending. >> and clashes in hong kong. hundreds of police all visitors -- police officers and pepper spray disperse protesters. welcome to the second hour of "countdown." >> i am manus cranny. says they are reconsidering their recommendation to back the drugmaker's planned $55 billion acquisition of shire. the bloomberg intelligence division corresponded. why come back now and bring this on the front page? >> good morning to all of you. i can't help but when i read the detail of what they put out, this might sound a way for management to say, we want to tell the world we are listening to the u.s. government. we will reconsider the weather this means anything

milan and greece hit much harder than that, and a bondrun-up in peripheral yields. >> thanks.ll have more on the markets and more "bloomberg west." ♪ >> i'm emily chang and this is "bloomberg west." silicon valley is known for its job perks. apple and facebook are going above and beyond, covering the cost for female employees to freeze their eggs. facebook is offering full coverage up to $20,000 and apple plans to offer it next year. this aztec companies struggle to as techomen -- companies at struggle to retain women. obviously, this is giving women the power to make a choice. what do you make of apple and facebook doing this right now? >> we applaud their efforts. they are definitely tech innovators. they are leading the space in the employment benefits area as well. >> how likely will other companies follow suit? >> a number of other large corporate citizens will in fact pay for egg freezing for their female employees. ,> is this telling young women we want you to be a mom, just not while you are working here? or is this profamily? >> it's absolutely profamily. they are try

this is quite widely accepted, you know, when economists -- economies like greece and italy got into trouble. these economies were told to a point some economists as the prime minister, to really sort this problem out just by the fact that these were people not elected representatives of the people. but why isn't like that? so when you think about it it's very interesting. people have very strong opinions about all sorts of things. you know, gay marriage, climate change, nuclear policy decisions. without having any technical expertise in these areas. i have my strong view on american foreign policy, what do we know about this? i took one course in religion back in 1983 when i was an undergraduate student in south korea -- [laughter] and a crusty old professor who taught us is a textbook from the 1960s, yes? so what little did i know come from half a century ago. but then whenever these topics come up, i spout my opinion. i'm sure you always are the same, whatever the topic is. so what is economics a different? it's actually a very complicated thing, but the short answer is that my pr

they reside in two economies -- greece and italy. that is the challenge going forward. how do you recapitalize these economy'she underlying them is an very strong? that is what they have to work on. clearly the bank says they are confident. they are a little concerned about the banks that just squeezed through the lines, that didn't technically failed the stress test. data,e ecb has all this from their loans, from the i.t. department. they have a much better idea of what is under the hood. they are going to be watching closely. they are going to continue this process. this is just the beginning of the regulatory authority and by no means the end. there is a lot more work to do. >> is there a sense this draws the final line in the sand that was the european taking crisis? -- banking crisis? >> yes and no. it dries -- draws the line they are healthy and transparent. everybody knows what the ballot sheets contain. officials were very careful to say -- not to say this will lead to a growth in new lending. to companiesome and consumers. the term used over and over again at t

there is more sentiment negative and greece. that is hard to achieve. a quarter of a trillion dollars was wiped off global equities. the global index was down 2.8%. that was the worst since june. italy came out and said they are cutting the growth forecast. it is going to contract by .3%. they told the market that they expected the economy to grow bite .8%. they are slashing 2015 growth targets by 15%. there is a story that they want to get the ecd to buy greek and -- junk status bonds. let's see what the germans say about that. we are waiting for the dax to open. is down over 35% in 2013. they are a doing chair -- doing a share buyback of 1.5 billion euros. will get a little flavor of what is going on in the run-up up to the unemployment numbers on friday. the numbers come in down, but not as bad as the market had anticipated. i will give you the precise numbers. sales down 2.8%. their market was estimating a follow 3.3%. it was the third quarter in a row where they saw deflation. nault said the market is due to slow recovery. there is a big deal annou

today is the opening day of the professional basketball in greece. it's a popular sport, but money problems pushed some teams to the brink of shutting down. we have this story. >> this man was a protege, dropping out of an economics degree to play basketball, spending four years on the national team. now 32 he decided to play out his remaining years with an iconic team, and is fighting to come back. the salary is modest. he wants to catch esake on the rebound. >> it's a big club. it's great in my career to play and help the team and come back. it's an historical club. >> reporter: i abbing was nearly sunk by debt. the team didn't keep audited accounts or publish balance sheets in the first few years. >> that can happen. something happened in papers. someone stole money from the club. big contracts were not paid. it's not something someone accidentally does. >> when the team was relegated it had debts of $2 million. and spend two years renovating this gymnasium. >> esake was able to stay alive because it insulated itself from its debt. it won approval

look at athens and greece. 65 millimeters. some parts of turkey, up to four inches.e a look at the scene. it was enough to cause quite a commotion here in athens, as a result of flooded roadways. imagine the damage there, the water going into your business and home. that water was there for a while. we have continued to rain across the region with this low stuck there. but everybody is out cleaning up and assessing the damage. that's dramatic, cars getting picked up and not sure how many happened, natalie, but it's hike you wonder how that came to be. but yes, the cars obviously in a precarious situation, getting lifted up by the water. that must have been quite a current coming down the road there. so that's one part of the storm. further to the north, with the spin and the moisture, we had the higher elevation snowfall. but even down at the surface level, we had a little bit of snowfall there, but the real good stuff is up to the north here. once you see marinas with snow cover, you know wintertime has arrived. 26 centimeters in parts of sw switz switzerland and 11

this was the end result of what began as a river coming down through the streets of athens in greece.look at this. we've been showing this. these images just in dramatic fashion here as the water came down so quickly. can you imagine waking up, sure, it's cloudy, a few showers coming. and then all of a sudden this deluge hiere, and you don't hav much time to get out of the way. and thankfully people did. and no reports of significant injuries. not only in greece, but turkey has been getting rain as well. 72 hour loop here, the low slowly moves to the east. and this is where we get in trouble with these upper lows. they get cut off from the steering currents here until they get left behind. you get all the weather moving west to east. and more to come. more rain on the way for the same areas here. so we're going to continue here with the possibility of localized flooding. on the western flank of this low we're moving the air from north to south. and that means we're cooling things off. with a little bit of moisture coming in from the med and aegean sea, sofia may get in on some snow. l

this is your everyday commute in greece. >> have shocks on your car. >> cutest puppies. >> this is a competition in boston. the two gentlemen here, one is in tae kwon do. they've got a lot of pads. padded feet, padded hands, look what happens. >> looks like he just got tased. >> how did that happen? >> yeah. he kicked him right in the jaw, knocked him out instantly. >> you get punched or kicked, their lights just go out. >> that is a hard floor, too. >> did he come back. >> that's going to do it for us here at "right this minute," everybody. see you next time. others. now, americans everywhere are discovering that... spoon after spoon... dish after dish... time, after time, after time again... deliciously creamy galbani ricotta inspires meals, and moments, that are simply better. mmm, galbani (sfx: kiss). italy's favorite cheese brand. now, america's number one ricotta. >>> what if you combine paragliding with base jumping and the most ridiculous rope swing in the history of earth? >> now the craziest, funnest guys toll what it's like to pull off a jaw-dropper. at first it looks like

this is your everyday commute in greece. >> have shocks on your car. >> cutest puppies. >> this is aompetition in boston. the two gentlemen here, one is in tae kwon do. they've got a lot of pads. padded feet, padded hands, look what happens. >> looks like he just got tased. >> how did that happen? >> yeah. he kicked him right in the jaw, knocked him out instantly. >> you get punched or kicked, their lights just go out. >> that is a hard floor, too. >> did he come back. >> that's going to do it for us here at "right this minute," everybody. see you next time. (ingrid) i take pride in getting things done. but when it came to medicare, i was glad i could get a little help. (vo) ingrid and robert called anthem blue cross and found an affordable medicare advantage plan that pays for many of the costs original medicare won't. now they can focus on other important decisions. retired and on a fixed income? anthem blue cross plans help protect you from high medical costs. call now for a plan that's right for you. choose from plans with no monthly premiums. gain access to our trusted network o

greece and cyprus each have three banks that failed. belgium and slovenia have two. responding to a question from annetta at the press conference, the vice president said a low inflation scenario was factored into the stress test. listen in. >> my question would be on how credible these tests are, looking at the ad verse scenario, you have not included deflation. you have not included a hold in gas imports to europe. you have not included full-on sanctions on russia. so please elaborate and convince us. >> the scenario for the stress test was published earlier in the year, so some of the things you mentioned have not been considered. but indeed what was considered is a severe sharp growth in the other countries. if you look to thecy for a o c there is also a big deceleration of growth, which is part of the scenario. and also for other country that is are the markets of the euro area. so that is embedded in those assumptions of indeed a big drop in extent of demand directed to the euro area. that's the first point. the scenario of deflation is not there because indeed