these weren't portugal or greece or cyprus.markets, indonesia, pretty much crashed as money came out. these were very real threats to the bull markets. turmoil around around the globe, not even bonds. but look what's happened since that. on the verge of causing a collapse. actually flooded with liquidity. expect a cue. a corrupt one. now though the government's making noises and cleaning up its act and taxes the rich and riots have lessened in intensity. philippi philippine's had its best rally ever, however no change like the federal reserve. looks like they called every news outlet in the world. go to the "wall street journal," "new york times," "washington post," us, whatever. i was thinking they may have checked in with espn. ben bernanke, he could go all the way. the result, we got a market that can recover. use the international pressure for now and the fed seems to realize its actions had real consequences that may have slowed the two engines that produced the most real job growth here in america. can we really not worry

suffer a significant contraction of the mystic investment for example the issues of slovenia or greece cyprus or to go are long and all the rest of the peripheral europe certainly going to lay in terms of the future instability in the euro valuations and in terms of the interest rates means. the countries like lucky who have to have certainty in london in terms of the longer term investments especially infrastructural investments into the future there will be some significant problems and significant course and there's also another issue latvia will need to consider since offshore favorite cyprus hit the infamous banking crisis phones have been flowing towards latvia strengthening these small boat estates position as an offshore banking center but once the country adopts a year right european ministers will have more control over the country's banking rules and as a consequence dreams of becoming a tax haven might be over along with the want. the ongoing unrest in turkey is up for debate and cross talk about. technology innovation all the developments around russia. the future covered. he is

going to suffer a significant contraction term investment for example the issues of slovenia greece cyprus or to go and all the rest of the really for all europe certainly in terms of the future instability in the euro of low valuations and in terms of the interest rates there. as for countries like lottery who have to have certainty in london in terms of the longer term investments especially infrastructural investments into the future they will present significant problems and significant costs is also another issue that libya will need to consider now since favorite cyprus hit the infamous banking crisis of course funds about she been flowing towards latvia she strengthening the small baltic states position as a tool by consensus but once a country adopts the euro the european minister as well as you have far more control over the country's banki roles and as a consequence dreams of becoming a tax haven might be all you've up along with a lot of people being right there all right up next you're about to just a moment if you can hang with us it's our special documentary investigating the vi

going to suffer a significant contraction term investment for example the issues of slovenia greece cyprus or to go and all the rest of the peripheral europe certainly in terms of the future instability in the euro of low valuations and in terms of the interest rates here. means for countries like korea who have to have certainty in planning in terms of the longer term investments especially infrastructural investments and believe future that will result significant problems and significant course is also another issue that latvia will need to consider now since of favorite cyprus hit the infamous banking crisis of course funds about she been flowing towards latvia actually strengthening the small baltic states position as an offshore banking center but once a country adopts the euro the european ministers were as you have far more control over the countries banking rules and as a consequence dreams of becoming a tax haven might be over along with a lot it's good to have you with us here on our team today you know just a moment on abby martin and breaking the sad. wealthy british style. somet

suffer a significant contraction of the mystic investment for example the issues of slovenia greece cyprus or to go are long and all the rest of the peripheral europe certainly going to lay in terms of the future instability in the euro valuations and in terms of the interest rates means. the countries like last week were to have certainty in london in terms of the longer term investments especially infrastructural investments in the future that will result significant problems and significant costs and there's also another issue not be able need to consider since all feel favorite cyprus hit the infamous banking crisis phones have been flowing towards latvia strengthening these small boat estates position as an sense of what was the country adopts a you're right european ministers will have more control over the country as banking rules and as a consequence dreams of becoming a tax haven might be along with that want. up next year on the program are we investigate the desperate cycle of dependency and hung go all across africa see it's coming to you live from moscow. technology innovation al

likely going to suffer a significant contraction mastic investment for example these are slovenia greece cyprus or to go and all the rest of the peripheral europe signatory to lay in terms of the future instability in the euro valuations and in terms of the interest rates means. countries like lochley who have to have certainty in london in terms of the longer term investments especially infrastructural investments and believe future they will present significant problems and significant costs and there's also another issue latvia will need to consider since offshore favorite cyprus hit the infamous banking crisis phones have been flowing towards latvia strengthening these small boat estates position as an offshore banking center but once the country adopts a year right european ministers will have more control over the country's banking rules and as a consequence dreams of becoming a tax haven might be along with them not now five days of historic protests in turkey and the pm ducks out of town for a few days what is going on in that country about his cost of gas because. it's technology innovati

fed up with austerity measures and the likes of that however compared to places for example cyprus or greece turkey's economy is actually quite strong absolutely not the interesting thing about this i think the process definitely haven't been spurred on by what's happening with the economy because. the moment the economy is performing very well actually is posting average five percent growth since around two thousand and three actually g.d.p. has quadrupled since two thousand and one which is impressive indeed there's also vince's started going on the. moore's law is going on in turkey at the moment in terms of the economics we know they did have a banking crisis back in two thousand and one but what was interesting is how they demonstrated their resilience and how they reacted to that and in terms of the financial crisis they've managed to really go unscathed actually comparison as you say to mix of europe which is why that process did you discuss issues the economic issues with turkey most of us know that turkey is a hot spot certainly for european tourists. a fundamental part of the econo

happened, just downgraded cyprus, these are your neighbors, these do affect the overall economy of greece, especially the balance with the scene in turkey. do you worry about that or we are living -- the situation is similar to decays before. now this ability, the most important ability that we have all around the world. of course the issue, the economic effect in the area, in the area, this will give a perspective for a better economy in the future. cheryl: the exchange now that you are courting u.s. investors when you are in your, the chairman of the athens stock exchange, thank you. dennis: prices are seeing their biggest gain in seven years but the fed is about to spoil that house party. cheryl: have you heard the miami heat moving on to the nba finals, we will take you to south beach where one hotel is born to attract the stars of this, and the treasury market, and a good deal, we will be right back. ( crowd clapping ) ♪ say cheese! shouldn't the photos you share from your smartphone be photos actually worth sharing? introducing the nokia lumia 928, only on verizon 4g lte. ealy capture vibrant photos in near-darkness. even without the flash. sharing photos fr