trading pretty flat as we wait for mario draghi to speak. supplyan data and money in europe later today. economists to get their teeth into this morning. let's look at the individual stock moves. one of the key stories has been china this morning. there are concerns that they have uncovered a $10 billion trade ford. many had felt that the chinese exports imports were backup that their currency regulator is saying that some companies have forged, illegally reuse documents for exports and imports. what does that mean for your commodities? we will see the overall demand for copper. 3%.falling why? profit up 20% we understand. sales rise 16%. they're killing it online and they have concept stores. the margin is not where we wanted it. halved. sales have maybe many feel that 16% bounce is short-lived. on the upside is direct line. the biggest insurer of cars in the u.k.. up 2%. why? because they are selling the international unit. their booking 550 million euros. >> if you look at the equities here you can see on caroline's map a flat open. 1.274

tell us what you heard from mario draghi. >> we heard mario draghi in some not saying this is full-blown will not get that far in the midterm. we have the scheme they will be doing, the strategy they will be putting in place. security purchases will include -- the balance sheet quite significantly, and they will be buying covered bonds. it is not the same as the previously announced policy. it is a different one. not everybody is on board with that. the germans, i would argue, probably are not. this was not a unanimous decision. a big step forward for this ecb. full-blown qe is tricky. it is very difficult to do this in an environment where your hampton by the initial rules set up. the assetill push backed security story a little harder and we get less full-blown securities. but very few people had actually predicted this would happen. what changed? what changed in the scenario for the ecb to want to take some action today. >> people were expecting it, just not yet. it is a timing factor here. it will probably have changed at the economic forecasts. you also saw him announcing a lowering

that is the risk from mario draghi. that is the challenge for his counterpoint around the european central bank to agree, concur, and actually act. otherwise, you run the risk of the 75% drop in tokyo property prices. >> we were talking to john manchester later on today writing a new book on how to understand money, basically. one of the thing he talks about is abe-nomics. if you want financial professionals to turn up to an event that you are running, tell them it is about abe-nomics because everyone is obsessed with it because of this fear about europe turning into japan. manus, thank you very much, full coverage of what's happening at the ecb and the bank of england noon london time. 45 minutes, the ecb. then half past 1:00 p.m., mario draghi's press conference live and in full. smartphones two new in a berlin yesterday including one with a wraparound screen. international correspondent hans nichols discovered smartphones are just the tip of the iceberg as far as the cutting-edge technology is. good morning to you. t

mario sazo, docente de la escuela a la que la victima iba, preparo a los companeros ante la terrible noticia mario sazo/escuela sacred heart "tenemos los consejeros listos para los estudiantes" williams recien comenzaba sus estudios en sacred heart donde estaba becado, era un destacado jugador de futbol americano, tenia buenas calificaciones y grandes suenos... mirtala"/tia "ninos asi no se dan queria ir a harvard, estudiar en harvard, ayudar a su mama live in studio monitor andres live a las siete de la noche, familiares y amigos se reuniran en la casa de los williams para rezar por el joven... blanca --- la polica de pittsburg arrest a un hombre como sospechoso de provocar la muerte de una peatna en esa la ciudad. take vo ---se esperaba que un video de vigilancia ayudara a atrapar al conductor que atropell a una mujer de 50 aÑos, identificada como "michelle braz" y que luego se dio a la fuga. --- la polica dijo que darn a conocer ms detalles sobre el arresto del posible responsable del arrollamiento. cesar --continua la investigacion del incendio que ocurrio hoy en las oficinas de

ist might show that he drafting marriott draghi -- mario draghi. i'm not as concerned there but with what they might do with the target of euros. i'm worried they may make them cheaper. weore the start of the show, were talking, you seem to think they may make it a better incentive for banks to take up at this targeted lending. i just don't get that, it is virtually cheap money area and i suppose it's the action. >> i don't support that it is targeted. the easing of credit is a key thing. if that credit is cheap, that it will be fuel for growth in europe. market, >> ifbs they cut rates we shouldn't dismiss it as a token gesture. why bother tinkering with them? we shouldn't did this it -- dismiss it that way because it is part of the cheapening lending, banks lending to businesses the mother is a point to it. >> the standard in europe is going to be the engine of europe -- growth. are key people who desperate for yield, and a very large market in europe which has died. it is a perfect way to kickstart that lending. of approval from the ecb and i thi

mario draghi said he is not targeting the country. just deliveredas a speech on the single currency. lithuaniaalking about joining the euro. me is the lines "joining the euro" shows the currency is attractive. i would say the euro is not very attractive right now. i guess he is trying to say, back in 2012, if people were joining the euro the way they have, where is it to go? the for mario draghi, that is an an invitation to the eurozone. it is the bigger countries and the structural reform countries -- >> they baltics show that reforms are possible without the valuations -- without devaltion's -- without uations. we have been talking about air france a less couple of days. there is no way that france would do the kind of internal -- >> we hear reform bantered about. it is a word with no meaning. you have mario draghi and hollande talking about reforms. if you're talking about corporate strategy, you can't. you can't talk it up. doing something about it is something else entirely. couple of days a ago made the exact point. reforms. tal

mario, let me start with you.lankfein is someone we have had on bloomberg television quite often. i want you to construct a dish that you would cook for the goldman sachs ceo with new york hot dogs. bobby flay, don thompson is someone i know well. he is the ceo of mcdonald's. i want you to construct a dish for him -- >> no problem. >> using the sweet-and-sour sauce at mcdonald's. >> ok. >> tom colicchio, warren buffett is someone that i have talked to quite often. he loves cherry coke. so, i want you to construct a dish using cherry coke. >> sure, i'm the coke guy, right? yeah. great. >> you signed that deal, buddy. >> rachael, i will give you a bit of a curveball. elon musk is a billionaire, founder of tesla, the electric carmaker. >> those are really cool. they are very cute. >> he is south african. so, a south african food is biltong, which is a kind of beef jerky. i want you to construct a dish using beef jerky. mario, you've had a second to think about it. what would you make lloyd blankfein? >> first of all,

can mario mend a bad marriage?e should think of mario as the marriage counselor itse aim is to keep together. his job is to keep it from a lapsing. he did in the starting job in 2012 with his "do whatever it takes." panic get rid of the from the debt markets. he bought them time. of couresse, he cannot deliver n his own growth. he cannot manage demand effectively because this monetary policies are circumscribed by the politics. and the result is, unfortunately, a long delay. the euro zone economy is close to 3% smaller than it was before the crisis in 2008. eurozone demand in the is down five or 6%. stagnant.asically even germany has been affected because these are its most important next four markets. >> what you thin ik is the root cause. in some ways, it has changed. where are we now? it's really difficult to answer this but i suppose there are two main things that are obvious. et the aggregate level, as i'v mentioned, aggregate demand is weak. that is largely because the private sector is very battered. they're

mario draghi cannot get traction with the scale of the economy. investor, can i get in on a trade? room for quite some time -- the guerrilla in the room for quite some time. is there a way of making that trade work? >> whatever comes onto the market will be pretty much instantly. you have to look at who will be issuing those asset-backed securities. you have to be in equity holder. that is the problem with the bond market. many areas of it are a liquid -- illiquid. >> always nice to see you. joining us from asset management. i want to show you one stock that is on the move this morning . it will spin off its material sciences division. ?hat is that doing to the stop the conglomerate discount is starting to unwind a little bit. we will see you in a moment. ♪ >> welcome back. let's talk about bayer. the company has announced plans to shed its plastics business and focus entirely on life sciences. let's bring in hans nichols. he joins us from berlin. what are they up to? how much could this unit be worth? >> $10 billion is what analysts value this un

mario joyner! and carol leaper! mario, how's your family doing? >> good, good, real good.got a bunch of brothers and sisters and i took a cross-country trip to visit my family and everyone's been telling me, take a cross-country trip and i did it. i used one of those magellan road mates, gps that actually talks to you. fantastic. if you have $600 and own a car, get yourself one of these. you cannot get lost. i tried to get lost. it was improbable. the funny thing is, magellan, it's named after the spanish explorer that was accredited to be the first pirn to circumstance um navigate the earth. most people don't know that, but magellan was killed halfway through that trip in the philippines. killed in the philippines. the trip that made him famous, total disaster. so if anybody could have used the magellan is magellan, is the point i'm trying to make. >> you come from a greek family, right? >> i am greek. >> is that right? >> greek people are -- no secret i'm a big queen. i'm gay gay gay gay gay. somebody just said, you owe me $5 over here. but i've got to tell you, my mom s

our guest house mario gabelli and bill kanarick.learn tonight if alibaba's ipo will be the biggest in history. a few select investors could reap big dollars right away because they will be able to sell $8 billion worth of shares on opening day. the birthday bash in the bluegrass state. jim beam was born 100 years ago today. bronze of his namesake will be unveiled. wright eight just reforming -- rite aid jesper for -- reporting earnings this morning. cut its outlook. it anticipated lower profitability. that is your company news headlines this morning. >> as we have been reporting all morning, jonathan dwyer becomes be fourth player to suspended for domestic violence. pepsi is a major nfl sponsor and the ceo says i am a mother, a wife, and a football fan. i'm deeply concerned with the nfl's mishandling of these issues. she encourages roger goodell to do the right thing. bill is with us for this hour. define for us, how do you do the right thing? >> you have to do it quickly. saying, ceo of pepsi is people are looking to understand wha

everybody wants to talk to mario draghi. hear, but i do not listen -- as politicians try to make their voices heard. >> rather than hearing but not , trichet likes to talk but not do. if he wants to achieve anything, more in terms of what he says rather than he does. is coming, het qe will be not doing it. more hints at looking at the abs market. depositsomething on the rate. if it is about the currency and that is with the french what, maybe that is the easiest -- >> is that they easiest way to keep the markets broadly satisfied. lookense seems to be, you at the flows and it supports this, there is a believe that at some point he will have to make a policy move. totypically markets anticipate too much and get disappointed when it is not delivered. difficult to provide anything concrete in terms of policy. days like this there will be disappointed. >> the data are getting worse. >> but then what are we trying to do with policy if you are running the ecb? trying to the government bond yields down? gettingency is already to mo

mario draghi is not omnipotent. he is not like janet yellen.ot have total control over policy because he has all these different countries. gets anywhere near going over 2%, the germans are going to get out of that game as fast as possible. it is not like we are going to see a big outbreak of inflation that is going to start raising money supply all over the world quickly. made two predictions. equity prices continue rising, in addition to this beginning of the end of the bond market rally. in the absence of fed tightening , but with the ecb continuing to loosen policy, that may indeed play out on the equity side. >> bill gross said that yesterday and one of his newsletters. with growth so low, you cannot generate enough growth to pay off the debts of the world. the central bank has to keep rates low. that is good for equities. at this point, he does not see anything changing in the near term because we are only going to be able to get up to about 2% growth. stephanietuff from talking exclusively to david tepper. coming up, alibaba is not the o

mario draghi has called for almost $2 trillion in stimulus.cb president said it would significantly steer the ecb balance sheet back to the higher levels seen in 2012 and revive inflation in the euro zone. >> the council decided to start pershing -- purchasing assets. euro system will purchase a broad portfolio of simple and transparent asset-backed securities. >> economists are forecasting a today's230 thousand in u.s. jobs report. it would be the seventh consecutive month of growth above 200,000. nato leaders are starting their meeting now. yesterday, david cameron urged leaders to refrain from playing a british citizen remains hostage of the islamic state extremists. let's look at the latest technology news coming out of -- appliances that can talk to each other and air your dirty laundry. hans nichols reports. >> a camera inside your fridge. text your fridge and it sends you back a picture of what is inside. your smartart of home, onyx of products for sale and some futuristic concepts. this bathroom mirror from toshiba syncs with your watc

>> mario, mario moreno. >> ¿y a quÉ viniste hasta acÁ?digamos un picasso, un picasso no se pasa con los aÑos de apreciar una buena pintura. yo creo que los picassos aguantan siempre y que ganan con el tiempo incluso. yo creo que el personaje de cantinflas ganarÁ sin duda con el tiempo. >> yo recuerdo haber visto la pelÍcula "el patrullero 777" hace solo unos dÍas y me daba la impresiÓn clarÍsima de que estaba haciendo una crÍtica social muy dura en una Época en donde no se podÍa hacer ese tipo de crÍtica social. >> sin duda. vamos, Él utilizaba sus pelÍculas ya no cuando empezÓ como actor en cantinflas, sino cuando Él ya se construyÓ su productora. sin duda los guiones venÍan por Él, y los guiones... ahora mismo me viene a mÍ la imagen de "si yo fuera presidente", un monÓlogo en el que Él da, que vamos, ahora mismo cogemos ese monÓlogo, lo plantamos en la onu tiene la mismÍsima credibilidad, incluso mÁs de los que ahora se escuchan ahÍ. estÁ claro que era pionero, ya no solo en formar a ese personaje, sino cÓmo plantearse esta profesiÓn,

mario draghi is currently speaking in lithuania.le unacceptably high unemployment could hurt the strength of the recovery. >>> on the 1st of january 2015 lithuania will become the 19th member of the eurozone, the last baltic state to join the block. euro membership may give lithuania stability in the current geopolitical environment. joining us now on the phone is the governor of lithuania's central bank. thank you so much for taking the time to speak to us today. you're joining the eurozone at a time when the recovery is stalling, when there's a risk of deflation and the unconventional measures put forward by the ecb. we don't know if they're effective. why is it right for you to join? thanks for the question. the exchange rate regime, it was very important issue for stabilizing the economics in lithuania so that the reference to the eurozone, i would say, is very, very -- next step for logical step for economical development. those main factors, those to main benefits in reference to the eurozone. a small, open economy those two f

demarcus walker in to replace mario edwards, makes a big play. >> kirk: he's been getting upfield quite a bit, chris. and one time it cost him. this time, he just shoots. he saw gallman coming from the opposite side. he's looked at it all week in practice and he knew there's a chance that his responsibility that when they give the ball in the jet sweep, take it away. and he did. now, the crowd is a big factor. >> chris: watson back to throw. delivers across the middle -- low. catch made. peak went down near the turf and collects a huge first down gain. >> kirk: what a throw and again, these florida state linebackers, this time, it was reggie northrup, number five -- >> chris: hmm. >> kirk: great, great effort there by peak. >> chris: you would think they'd look at that. >> referee: ruling on the field was a catch. >> chris: we've had some close replays tonight. burden of proof -- this crowd got a look at it on the board, they don't think it was a catch, but they're a little biased. do the hands go under the ball here? >> kirk: it looks like a catch to me. >> chris: don't see enough ther

jorge ramos le hace la pregunta al peruano mario vargas llosa.abuso a menores por parte de jugadores de la nfl reavisa el debate del castigo fÍsico a los hijos. comenzamos con la informaciÓn. ♪ ♪ este es su noticiero univisiÓn con jorge ramos y marÍa elena salinas. ♪ ♪ >> buenas tardes, bienvenidos al noticiero univisiÓn. comenzamos con un nuevo y brutal episodio de violencia en mÉxico. ahora hablamos de la denuncia de una ejecuciÓn de 21 personas a manos de soldados mexicanos en una persecuciÓn a presuntos narcotraficantes. la madre de una victima adolescente dice que fue testigo de la matanza. asegura que su hija y los demÁs sospechosos fueron rematados por los militares cuando estaban sometidos. andrea gonzÁlez tiene la versiÓn del ejÉrcito y otros detalles del incidente. >> una investigaciÓn periodÍstica pone en duta la versiÓn que diera el ejÉrcito mexicano sobre la muerte de 22 personas el 30 de junio. sucediÓ en estado de mÉxico cuando se informÓ que durante un enfrentamiento 21 hombres y una mujer fueron abatidos y que ademÁs dos mujeres

una pelÍcula basada en la vida del legendario actor mexicano, mario moreno mejor conocido como cantinflasne mexicano y cuente la historia desde sus inicios en un pequeÑo y humilde escenario hasta su llegada a hollywood. >> Él era una persona muy seria en su vida privada, era una persona muy cordial, muy amable. sonreÍa pero no era el cantinflas que todo esperaba, que parecÍa espontÁneo. >> de acuerdo al director no fue fÁcil dirigir esta pelÍcula. >> fue complicado porque una pelÍcula que tenía muchos condicionantes, que tenÍa una presiÓn aÑadida. sabÍamos que no las estÁbamos jugando. >> en el mismo personaje habÍa dos protagonistas por un lado mario moreno y por el otro lado cantinflas. los tuve que trabajar de forma distintas. a cantinflas podÍa conocerlo pero a mariano moreno no. >> participÓ mÁs de 150 pelÍculas muchas de las cuales son emitidas por cadenas de televisiÓn en todo el mundo y han generado millones en regalÍas, >> es admirable esa capacidad de escalar y cumplir sus sueÑos con ese talento. >> jaqueline hurtado, hollywood california. >> hay que verla, asÍ estÁ la ciudad de

demarcus walker in to replace mario edwards, makes a big play. >> kirk: he's been getting upfield quite a bit, chris. and one time it cost him. this time, he just shoots. he saw gallman coming from the opposite side. he's looked at it all week in practice and he knew there's a chance that his responsibility that when they give the ball in the jet sweep, take it away. and he did. now, the crowd is a big factor. >> chris: watson back to throw. delivers across the middle -- low. catch made. peak went down near the turf and collects a huge first down gain. >> kirk: what a throw and again, these florida state linebackers, this time, it was reggie northrup, number five -- >> chris: hmm. >> kirk: great, great effort there by peak. >> chris: you would think they'd look at that. >> referee: ruling on the field was a catch. >> chris: we've had some close replays tonight. burden of proof -- this crowd got a look at it on the board, they don't think it was a catch, but they're a little biased. do the hands go under the ball here? >> kirk: it looks like a catch to me. >> chris: don't see enough ther

>>tenÍa dos personajes, el de cantinflas y el de mario moreno que no son iguales.> pude improvisar, vi donde improvisar, es sÓlo pude aplicar a la pelÍcula. nos perderÍamos mucho los demÁs, yo entiendo la preocupaciÓn, porque estamos hablando de mÉxico, de un tipo que hablaba de mÉxico, a un tipo que le preguntaba quiÉn y el decÍa cantinflas es mÉxico. >>asÍ nos despedimos.

>> mario draghi keeps making announcements frequently. but i don't think it's going to be anything significant. they've already made the rates slightly negative for banks which are leaving money in the ecb. it's a little more negative today. but that's not going to do anything to turn around the eurozone economy. seema has been talking about the problems with unemployment. even germany has had a drop of gdp in the second quarter. what if eurozone needs urgently, will the motorcycles flip ability like you have in germany, and whether the interest rates minus 50 basis points are not going to make any difference to you any longer? >> do you agree with that? >> i do. i think you could see an announcement with additional negative interest rates as sri is outlining. i don't think we see quantitative easing across the sovereigns like a lot of the markets want to see. if that's the case, what happened with the euro? the euro has been under pressure on the expectation that we could see something more. does it stay at these levels or shoot back up?

al volver: una conversaciÓn exclusiva con el premio nobel de literatura mario vargas llosa.pleta, en una tablet? sí, pero no es solo una tablet, es una laptop. es una surface pro 3, con pantalla táctil. o.k., pero no puede ser tan rápida como mi mac. ¡claro que lo es! pero seguro que no puedes conectarle nada... tengo para usb, puerto mini display... y mi favorito: ¡este soporte kickstand! entonces, ¿hace más que mi mac? pues técnicamente hablando... ¡tú lo has dicho! ♪ prepárate para mostrar tu cara ganadora. monopoly está por regresar a mcdonald's. ¡vamos a jugar! ♪ [ locutora ] para kenia treviño, nada se compara con advil. diseñada para ser tan rápida como lo es fuerte y combatir el dolor en las áreas de inflamación. y creada para gente como kenia que no dejan que nada los detenga al ayudar a los demás. ni las dudas. ni el miedo. ni el dolor de hombros y espalda. advil actúa con fuerza y rapidez para ayudarte a dejar atrás el dolor y poder ser dueño de tu día. advil. haz tuyo el día. washington. si usted revisa el presidente obama, sobre su libro "la fiesta del chivo" y

jonathan, what are you hoping mario draghi will say in his speech today? >> we want more clarity, really. we want to see what he signaled in jackson hole. we think it is a shift in the governing condition's risk on qe. we know down side risk on medium term expectations is important for ecb qe. president draghi did allude to that two weeks ago. we want to know what his colleagues think about that. they highlight in the segment for down side risk. >> the trouble i have is with the expectations on the market, marian, is the fact that it seems like these are all like kids waiting for christmas. they're waiting for more present toes be put under the christmas tree because last year's presents simply weren't good enough. are we too impatient in terms of what we're expecting from the ecb? >> the indicators don't look too awful. core inflation teams to have stabilized a bit. draghi does have an expectation of delivering. i think what we see is a massive shift because inflation target hasn't changed. and we are being a little bit impatient, but i do think there wil

al volver: una conversaciÓn exclusiva con el premio nobel de literatura mario vargas llosa.alles, se llevo techos de viviendas, derribo arboles e hizo eplotar los cables del tendido electrico. hola, les salud lucia burga el presidente obama dijo que la muerte de michael brown y las protestas posteriores en ferguson demuestran que hay desconfianza entre los residentes y la policia en muchas comunidades.ayer, un policia fue baleado en ferguson. autoridades de salud de el paso, texas informaron que dieron positivo a la infeccion de tuberculosis, al menos cinco de los 858 bebes que tuvieron contacto con una empleada de un hospital que padece de esta enfermedad. y ante el numero cada vez mayor de "niqos refugiados y menores no acompaqados" que emigran solos hacia paises desarollados, expertos y educadores de varias naciones, buscan maneras de mejorar sus condiciones de vida durante n encuentro en roma. ahora washington. si usted revisa el presidente obama, sobre su libro "la fiesta del chivo" y la terrible dictadura la corrupciÓn, la brutalidad caracterÍstica... caracterÍsticos d

first off, the surprise interest rates announced by mario draghi.thought he'd do something, they just didn't expect that it would happen today. he cut rates to just above flat. so at .05. i mean, they cut 'em about ten basis points all the way to near the bone. then we got president obama's meeting with nato leaders in the u.k. on how to handle the russia/ukraine crisis, but also how to deal with isis in iraq and syria. fox business' rich edson and peter barnes have us covered in washington, d.c. with all the latest news. rich, we begin with you. >> reporter: the nato meetings continue to focus in the united kingdom as lamb is meeting with international counterparts. at top of the agenda, the threat of isis in the middle east and continued fighting and reported russian interference within ukraine. following his meeting with the ukrainian president, secretary of state john kerry says the u.s. and its european allies will again ratchet up sanctionsings. >> president obama's very committed to moving on the next track of sanctions with hopes always that

this time, mario draghi would like this to go into the real economy. the issue for him is maybe it won't. is, you're not going to get penalized for that. it wants that to happen, but will it? beyond that, what is the money going to be used for? >> going to take things over to switzerland for you. heading to the zÜrich where manus cranny is standing by at the grand hotel. i'm told it is very beautiful. >> it makes very interesting reading. you're right, i'm up in the hills of tides zÜrich. family about the officers getting together. terms,ionaire wealth there are 155 billionaires in the world. their wealth globally is 7.3 trillion dollars. everything you and johnny just talked about, we had that conversation with axel weber. you will hear that through programming. that hasgreat rotation started. people are moving out of fixed income into equities. that is the essence of my conversation with axel weber. it's about reassurance. i like axel weber because he brought everything back down to the issue. were all a little benign about our perception of volatili

this is something we have heard, mario draghi banging the drum.nce and italy are slow to overhaul their labor markets. they are risking not only their growth but global growth. they sayst -- moment, the uneven implementation of structural reforms is the biggest challenge to global growth. talent and innovation is a worry, trying to get the right interactions between the public and private sector. the health of the global economy is at risk. you have geopolitics, income inequality. you need countries to stand up and start restructuring. >> they call this competitiveness. tell us who the winners and losers are. clearly currently -- not spending too much attention to strong currencies. a row,the sixth year in stand up please. switzerland. pretty surprising, and considering that gdp stalled in the second quarter. weakest growth in two years. hat they are trying to show are top-notch academic institutions. threats from talent. they might be limiting immigration. singapore stays number two. the u.s. kleins one place up to climbs oneee -- plac up toe num

this works with hi mario or is it mario. spray water. i'll spray.g. it works. >> this is amazing. >> it will erase, so if your idea wasn't that great, it erases. >> $7? >> $7 for a pack -- >> amazing. >> you can tear it off and take it with you. >> i'll take this one with me. and with that, we'll send it over to dylan in the orange room. i'll grab one for you too. >> we're celebrating maybe the biggest fan of weekend "today." marian schmidt from quincy, illinois. >> still to come on "today," a tailgating party on the plaza with everything you need for a mexican fiesta. but first -- >> first, these messages! we are a collection of smalls. a home saved. a hero homebound for a new opportunity. a kitchen that kick starts careers wells fargo invests in our communities a little differently. small measures that add up to make our whole even greater. little by little we can do a lot. because... small is huge. visit www.wellsfargo.com to see how big small can be. ganncr: we took care of your back pain. you make him the mvp. tylenol is clinically proven to pr

what mario draghi is now trying to do? excellent point.has moved the ecb much toward -- much more for forward guidance than it ever happened under touchÉ -- et, and mario draghi has shown that he is prepared to provide guidance ahead of his committee. that was apparent in 2012 in the willr and he said the ecb do whatever it takes, and then he got his committee to agree. but that was a bold move. and it changed the dynamic in europe from the eurozone on the precipice to at least now with towering -- with borrowing power. the statement comes out at 2:00 and the press conference at 2:30 p.m. what will you be listening for? of bernanke'se innovation, the press conferences are at least as important as the statement. youook at the statement, as said, and in the press conference, which is all q and a, and very little scripted up front. i will be looking for any new wants the chair provides relative to the perception of the statement. the statement will come out and we will see where bond yields and stocks go. yellen will see that, and then she wi

when a mario draghi cons out, expand -- when a mario draghi comes out, will expand, how will he do this? >> we know what the constraints are on him and he is doing as much as he can. he is really doing everything apart from buying government in the primary market. by theis constrained overall fiscal situation. we know that. however, well so have the a qr to get it through and we are waiting to see how things work and for capitalization of banks and taking some of the bad loans of the sector will help. underlying, it solidifies there are some very flickers of life in europe. they are flickers. it does look like a reason for more optimism. will be watching that. a big question. lucy mcdonald. a look at one stock on the move. equities opened higher and a london. rbs opened a much higher. -- equities opened higher in london. goodis good news for rbs a news for the stock as a wall. we will talk europe after the break. europe wants to make apple pay. andhat is good news for rba good news for the stock as well. stay with us. "on the move" is back in 2. ♪ >> a welcome back. we are looking at as

mario came to san francisco looking for an uncle but he now lives with a foster family. challenge is that many escaped gang violence, only to find the culture here, in places like the mission district. >> if they avoided gangs advocates feel they may have a chance at success, and while many are like those of other teenagers these students are different. >> we work where some of the most motivated and resilient and intelligence students i have ever met in my life. they have navigated countries and borders, they have managed to navigate systems so much bigger than school. >> mario says while the journey was difficult and dangerous, he is glad he is here. >> when you get here, everybody is different, it is like entering a new world, everything changes you're teen, everything. your way of life changes. since my arrival here, in the united states, i have been treated well. >> just to add a little bit to the story, it is a regular high school, actually, these students are not just learning english and then they are going to transition to a regular high school, they are going t

. >> mario is 15 years old. and like most teenagers, getting ready for a new school year. came to the united states for school, to make progress for my studies and to learn another language. >> he is starting school here at international high. 3,000 miles from the home he left behind, in honduras. he risked his life to come here. >> in mexico it becomes much more difficult, because there things change, there are thieves that rob you, you may even have to sleep on the straights and it is very difficult. when you get to the border you have to walk allot and be strong, because then there's the dessert. >> many peer have a similar story, and every student is new to the country. every student is learning english. sometimes they are living with a friend of a friend. sometimes they are representing a room, and paying rent on their own. >> san francisco school district has seen more than 1,000 new recently arrived immigrant students enrolled this september. part of the national influx of more than 66 unaccompanied border. the spike has come from central america, el salvador, and h

el libro del nobel de literatura mario vargas llosa. por eso me fui a madrid para entrevistarlo. uno en una especie de figura pÚblica. eso por una parte halaga la vanidad. pero al mismo tiempo trae una cantidad de obligaciones que son tremendamente perjudicialillos. >> no tiene facebook. >> no contesto el telÉfono, no abro las puertas. >> no tiene un blog. >> tengo una mujer extraordinaria que hace todas esas cosas. y me facilita el que yo pueda dedicarme fundamentalmente a lo que me gusta. que es leer y escribir. >> se vale decir glooglear, tuitear. >> suena horrible, pero parece que sÍ. >> no lo dice. >> no, son feas palabras. suenan prestadas de otras lenguas. >> usted cree que las redes sociales estÁn modificando lo que usted hace? >> sÍ. perno para bien. creo que para mal. >> la internet tambiÉn. >> yo creo que toda esa extraordinaria tecnologÍa audiovisual estÁ cada vez más vulgarizando, mediocrizando la creatividad. >> usted dijo en su tesis doctoral, escribir es un acto de rebeliÓn contra dios. >> sÍ. >> usted es agnostico. >> sÍ. >> no le da miedo morirse. >> no, no me d

the question is whether by then, mario will still be in ukrainiannd has or will it succumb, where theernment poster in the main square, already looked like a historic relic. and an earlier receive yet era, is twitching back to life. >> harry faucet, al jazeera, south eastern ukraine. >> of course, the crisis in ukraine dominated day one of the nato summit underway. but it's just one of many conflicts world leaders are talking about, james base has that story. and that's because of the range of crisis across the world they have to deal with. top of the agenda, is the situation in ukraine. typical balancing act for the nato leaders also for the president of ukraine, whose present here, trying to deter russia, and yet at the same time, not further antagonize president putin. in the nighting in ukraine, probably as nearly as many now, as there are separatist who are a part of that fight, too. now, they have come one a package of measures, support for the ukrainian military, training help, helping rehabilitate those soldiers that are being wounded in the conflict. also, a new very rapid re

at jackson hole from mario draghi.f deutsche bank. >> structural measures take years to take effect, to actually read the the growth. to implemented this qe, q you like, whichever you like. yearsuably, ecb is six behind the federal reserve in terms of quantitative easing. italy and france, the world economic forum is saying they need to take the structural reforms. istheir balance sheet hopefully going to be 2.7 trillion euro. the fed balance sheet is now $4.4 trillion. strip out what they were holding before they started qe. it's $3.5 trillion. 3.5 7nk of england spent billion pounds. the ecb is quite far behind. they hiked --e, under trichet, they hiked rates. >> jobs is the big number. >> 230,000. >> the strongest year in 15 years if we stay above 200,000. >> "on the move is next. >> have a good weekend. we will see you monday. >> welcome to "on the move." stocks are set for an interesting day. it is the morning after the day before the euphoria. here at bloomberg we are calling mario draghi's action qe-light. rate,

. >> narra que en total eran tres tripulantes pero sÓlo Él y su compaÑero mario soportaron el embatealabras le repican en la mente. >> vÁmonos, vámonos... yo le decÍa para dÓnde de sÍ e vÁmonos y se muriÓ nomÁs. >> raymundo sobreviviÓ milagrosamente tras diez dÍas en alta mar cuando los tripulantes de un yate lo que circularon a la distancia se reencontrÓ con su padre quien preparaba el funeral. >> ya estaba desconsolada, habÍa echo mi compra mis chiles, mi aceite para empezar las novenas empezaba a rezar. >> para los demÁs pescadores en la historia de remondo habla del riesgo una vez que zarpan quedan a su suerte. >> lo cerca que estuvo de la muerte no le quitan los deseos de hacerse a la mar pero tendrÁ que buscar una tripulaciÓn sólo Él sobreviviÓ. ivÁn macÍas, primer impacto. >> gracias los pescadores de la regiÓn le han pedido a las autoridades que les den informaciÓn anticipada sobre el estado del tiempo para evitar tragedias como Ésta muchos consideran que el final son gajes de un sacrificio parte del oficio. bÁrbaro. >> muchas indÍgenas mexicanas emigran a las grandes ciudade

mario draghi says that was in the range of expectations.et expected it to be that low. what does it mean for the bond market? german bund yields lower. the yield in germany down one basis point and blow 1% on the tenure for the first time in two weeks. money going into spanish debt as well. 2.18% is the yield on the 10 year. in the u.k., everybody is tesco. about one company 3.8ng another slam, down by 2%. they've had to bring their new cfo on board earlier than anticipated. 250 million pounds is how much they think -- think -- they overstated profits. how far back does the state? they took another punch today. it was from -- not an internal problem -- from a market problem. let me show you the other retailers. tesco down 3.5%, morrison is down 2%. sar research says the growth in the u.k. grocery market is 0.3% in the last 12 weeks. that is the lowest since 1993. a little bit of a trend here. little growth, audi has a growth of 29%. tesco, -4.5%. have dealt with the internal financial problems, the new guys at tesco have got to think about

colombian mario gallino, ex-pat will holland and their bandmates are to be my guides for this ancient that's how it's done. what do you call this object? >> el tejo. >> el tejo. >> tejo. >> and hence the name. >> exactly. tejo. >> i should be good at this. i've been throwing pots into the dish sink from across the room for years. >> you win more points if you get it in the middle without hitting anything. >> oh. >> yeah, so -- >> but that doesn't sound like any fun. >> everyone has a different style, it seems. so, you've got to do like one step and then another and swing. >> i don't think that style is going to work for me. after some is early success, it turns out we all pretty much suck at this. not enough beer. that's my problem. time to bring in some outside muscle. >> we're going to mix in now the experts. [ speaking foreign language ] >> who am i with? i'm over here with these guys. whoa! ♪ [ speaking foreign language ] is he on my team? holy crap, two in a row? oh, no, one of those guys had to be on my team, right? >> so, the guy in the white stripy shirt, his name is el pollo

mario draghi and the ecb making two big surprises today. first, cutting three different interest rates. more than the market was looking for and then announced massive purchases of what are called asset-backed securities and could beered bonds. they're similar to mortgage-backed securities. right now european banks aren't making those kind of loans. he's hoping if they know that there is a buyer in size out there, they'll make the loans again and then sell them to him nap would help reinvigorate the european economy, calling it quantitative easing light, because unlike the u.s., they're not necessarily going to buy government debt. only buying private sector debt. the our oh wow. $1.29.27. it keeping falling. more than two cent move in one day. huge. down from basically $1.40 back in may. where we've seen a huge impact. mario drawingly li drawingly li. ten year yield in germany, below 1%. don't expect more interest rate cuts. saw yields rebound. italian, the most troubled economy because of the size of the debt it has. consider this amazing

my guess is it's pretty darn good. >>> then we'll talk to mario about his new book.y friend. >> it's true. >> a.c. slater lives. let's do it. ♪ ♪ [ male announcer ] this man has an accomplished research and analytical group at his disposal. ♪ but even more impressive is how he puts it to work for his clients. ♪ morning. morning. thanks for meeting so early. oh, it's not a big deal at all. come on in. [ male announcer ] it's how edward jones makes sense of investing. ♪ and she gave me advice. she said, "dad, go pro with crest pro-health." [ male announcer ] 4 out of 5 dentists confirmed these pro-health products helped maintain a professional clean. crest pro-health really brought my mouth to the next level. [ male announcer ] go pro with crest pro-health. crest pro-health really brought my mouth to the next level. every time. i let him know every time i save a dollar. now there is a tool made for you. introducing savings catcher from walmart. it compares prices to top stores in your area. if there's a lower advertised price, walmart will give you the difference on an

fight mario was the student activist most associated with the freedom of speech movement. he's played by brady and the stage version of fsm. also performing this saturday and sunday at bravo theater center is lynn holland would was at the 1964 demonstration. >> i was working on a big report about political repression at the university. you were diagnose it like the 20 hours a day. with hardly any time to eat or do anything else. >> holland also married to him. she and others decided it was time to bring the legacy of the movement to the stage. the performance take place around the police car which back then became the platform for speaker like mario. hotel land says she wants people to know how the movement inspired students around the nation. >> to oppose the war in vietnam and to again the women movement and anti-apar tied struggle. >>reporter: the music performed by her son daniel. almost 16 when his father died. >> even though no longer with us mario often thought about the moment. how people would rbingt to the free speech movement 50 years later. >> he has this idea

today mario cut the ecb's estimate of euro zone growth to just .9 of 1%.nd a non-profittist ought to in germany slashed its forecast for that country's growth. among the reasons, geopolitical risk, and uncertainty about the situation in ukraine. germany, we have discussed this before, germany is europe's biggest economy. and as i said before, the european union is america's biggest trading partner. last year the u.s. exported or sold $262 billion worth of goods and services to the eu. the eu exported or sold $385 billion in goods and services to the united states. this is just another way of saying that what nato is trying to accomplish in ukraine, and what mario is trying to do in europe could have serious implications for america's own economic recovery. in the russia ukraine crisis is the biggest downside risk not only to europe but to the global economy. that is according to jay brieson, a global economist from wells fargo. jay, this is worrisome, we have been thinking about this as contained to a problem between russia and ukraine, but in fact europea