. >>> people in macao have reflected on a turning point in their history. they marked the return of the territory from portugal to china. officials from the chinese government and the political te military attended a ceremony in macao the increasing number of visitors have helped fuel the rapid growth of the casino industry.t. increasing number of visitors have helped fuel the rapid growth of the casino industry.h. increasing number of visitors have helped fuel the rapid growth of the casino industry.e. increasing number of visitors have helped fuel the rapid growth of the casino industry.. increasing number of visitors have helped fuel the rapid growth of the casino industry.i have helped fuel the rapid growth of the casino industry. about 500 young people criticized them for building casinos instead of homes. >> translator: we would like to stress that property prices are too high. we can't buy houses. >> real estate prices have surged to seven times when they were a decade ago. they want direct elections to choose the chief executive. >>> s tsunamis foun

. >> in macao he spent $2.4 billion on this edifice. is being tough. >> people will say to you that you're a fierce character out in the business world, don't you think? "trapped" experience the drama. back to back to back. >> hold on mates! >> catch the "trapped" mini-marathon saturday starting at 1 eastern. on current tv. [ male announcer ] red lobster's crabfest ends soon. hurry in and try five succulent entrees like our tender snow crab paired with savory garlic shrimp. just $12.99. come into red lobster and sea food differently. and introducing 7 lunch choices for just $7.99. salads, sandwiches, and more. [ ♪ theme music ♪ ] >> cenk: by now a lot of you are familiar with sheldon adelson. he's a huge political donor and he actually makes 90% of his money in macao. he has casinos there on an island off of china. his worth is over $20 billion. we just found out through two republican insiders who are fundraisers that apparently he didn't spend $100 million on this last campaign. he spent $150 million, which is amazing. now, why? why d

the 3 million euro asking price, locals got together and offer 5 million -- when a casino owner from macao came along and offered to pay the $3 million -- the 3 million your asking price, locals got together and offered 5 million. he offered 8 million, and the deal was settled. back in a large wine region of bordeaux, people think their fellow wine growers in burgundy are crazy, but there is a lot more willing to sell year, so chinese investors are welcome. today, the film star is receiving a huge accolade -- induction into the brotherhood of bordeaux wine growers. china is a major export market, and it pays to be out with looking, say the wine growers. >> just imagine a french person going to china and not being accepted because he is french. no, you have to let them in. you have to be professional about it. >> professionalism is the name of everyone here, from the distinguished brotherhood the nouveau riche chinese actress. the newly inducted 11 estate owner is about to play one of the most lucrative roles of her life. now she has to do is learn french. >> the word "austerity" is a word

chancellor macao stop short of condemning israeli actions actions which have left her and european partners furious israel is facing increasing isolation on the continent updated announced plans to build three thousand homes on occupied palestinian territory in germany initially criticise and me if i didn't join other east asia cold in israel embassadors to go to damage your relations between the two you have been especially tense after germany abstained from a u.n. vote which upgraded palestine's status in the organization german journalist manual and writer says israel is used to going unpunished for as provocative actions if we don't break the law speaking eight we see that it's really really what the west i don't know how many you will receive where. khomeini sanctions you through or resolutions you through to really follow. these procedures almost never work for your political actions and i think it's really it's very much useful because you really are you have on germany because we. are. very strong for you know i don't. palestinian statehood and condemnation of israel's new settlemen

chancellor in the next year as general elections and heads up party congress has been labeled of the macao earlier i spoke to german politicians to fund a vet and he believes that germany doesn't have any real alternative but to let the show go on in crisis times people always truck around the strong leaders. there is neither in the union in the christian democratic union challenger nor is there anybody from the opposition so far who is a strong enough personality to really challenge her. so merkel is trying to tie the e.u. to a fiscal union if michael is really led to for a third term how much will her european economic policy change i mean will it become more aggressive she seems to have a lot of weight since she is the most popular person at the moment. yeah it will not become more aggressive but it will be felt more strongly because this fiscal union which is imposed from central bureaucratic brussels will force. the people to accept things that they otherwise wouldn't accept so it will become and so governments and parliaments will lose its sovereign budget rights and that is unbeliev

thirteen as chancellor in the next years general elections and this party congress has been labeled the macao shame we're now joined live by german politicians to fund a veteran he is also the grandson of germany's first chancellor conrad at an op good to have you with us. in struggling eurozone nations like greece and portugal angela merkel is seen as a symbol of the tough austerity imposed on the people now during the latest visit to athens of posters compared to the likes of hitler why is the ngo focus so much on this one person. well because some structural reforms are necessary in these countries and it's always bad if such reforms are pushed from outside upon the people it would be much better if the proper government of that country and with the support of the people would come to that conclusion themselves then it wouldn't need anybody from the euro or central institutions or from any representative of any country to be taken as as a scapegoat now meccano pushed through millions of euros worth of concessions to greece and now says greece's creditors might need to take losses is that s

also under pressure on worries that the chinese government is increasing scrutiny over some of the macaole declared an accelerated second, third and fourth quarter dividend totaling 18 cents per share of outstanding common stock. this announcement comes ahead of a folks dividend tax increase next year. back to you. >> seem marks thank you. power run down time. joining us, cnbc's kayla tausche, john carney. start with a new study finding high-frequency stragd hurting traditional largely retail investors taking away profits. another sign this is a threat to investors. kayla, should we be surprised that the pros are lunching once again? >> talked about this so much, tyler. what i found interesting about this study, it tried to quantify the advantage, saying in the future's market, high-frequency trade hearse tradeers had a $5 contract. i'm worried about the volatility overall. >> a sign of something nefarious going on or the stupid of retail investors try go into this game? >> it doesn't measure the benefit bus the looks at the cost. there is a lot more lick ghitd market, easier transaction

good airline through the '60s and '70s, brought in some mckenzie type and -- anyway, let's talk about macao. growth rates in the world's largest casino market have drdr due to lower spending from big gam blers. but overall revenue has remained solid. are you still going without the middle name? >> i have no middle name. that's right. >> except for the one that joe has given you. >> you have given me one. >> richard fing burnstien. >> no g. >> is that not sghool barrcool? barry, do you have a middle name? >> charles. >> what happened with you? do you have sisters? >> no. nobody in my family has middle names. my parents didn't. >> so this is a listening line of -- >> generations upon generations of -- >> generations upon generations. >> richard bernstein is pretty common. you don't put a middle name in there -- all right. china's privately owned dalian wanda group says it's in talks with a well-known hotel chains for acquisition opportunities in the united states. we just call it wanda. wanda has interests in real estate, tourism and department stores that bought u.s. based movie theater chai

you probably read the story about increased scrutiny about the macao based. financial scrutiny around those casinos. that's knocking las vegas wynn and sands as well. another story came out really about a day and a half ago but is only now starting to get a lot of attention which is the s.e.c. beginning to look in a the china-based branches of the big four accounting firms here and suggesting there may be a hesitancy to produce certain documents. a lot of stuff going on around china right now. >> yeah, you have that rate. comments from dow chemical, as you said. goldman comments as well. thanks, brian. coach, dsw and american eagle a dividend payment ahead of the fiscal cliff. oracle said it was moving up three of its 2013 quarterly payments to this year. that's a nice payday for the ceo larry ellison who will take home about $199 million. the marketplace editor for "the wall street journal," alsos a new father. >> oh, thanks, carl. >> you look way too rested. >> i know. i hope my boy is not watching me, that he's asleep and being a good boy. >> let's talk so