mr. berlusconi from parliament for tax fraud. they have called for a vote of confidence in their own leadership tomorrow. here is silvio berlusconi's residence. it became apparent he did not have the full backing of his own mp's. what started out as a threat to the survival of the coalition government rapidly became a challenge to his own authority amongst his own supporters. >> as crowds gather outside of the premises office, many in mr. berlusconi's party began having doubts about bringing down the government. this afternoon, one of his ministers, who had resigned, was now seen at the window of the prime minister's office. moments later, one of his allies was suddenly discovered saying he wanted the government to continue. we are going to continue. as silvio berlusconi's residence tonight, a crisis meeting was held as some in his party were saying that more than 40 of his mps would defy him, a challenge to his authority. >> i think that he is blackmailing the country but he doesn't understand that he his politicalte and. >> it w

mr. berlusconi from parliament for tax fraud. they have called for a vote of confidence in their own leadership tomorrow. here is silvio berlusconi's residence. it became apparent he did not have the full backing of his own mp's. what started out as a threat to the survival of the coalition government rapidly became a challenge to his own authority amongst his own supporters. >> as crowds gather outside of the premises office, many in mr. berlusconi's party began having doubts about bringing down the government. this afternoon, one of his ministers, who had resigned, was now seen at the window of the prime minister's office. moments later, one of his allies was suddenly discovered saying he wanted the government to continue. we are going to continue. as silvio berlusconi's residence tonight, a crisis meeting was held as some in his party were saying that more than 40 of his mps would defy him, a challenge to his authority. >> i think that he is blackmailing the country but he doesn't understand that he his politicalte and. >> it w

mr. berlusconi. he faces senate who will decide if he keeps his seat in the senate because of convictions of tax fraud. many are saying this is signaling the end of the road for mr. berlusconi's career, while that may be the case, that will not be the end of his influence. he has been on the seat for two decades now and he still wields enormous influence. while he's going through a very challenging time it's not the last we'll see of mr. berlusconi yet. >> thank you for joining us. >> well, the leader of greece's far right golden dawn party has appeared in court in athens. he sayhis arrest from comes froa crackdown by the government who calls it a neo-nazi party. >> there is not the slightest evidence or even sufficient indication to support these charges and enable the prosecutor and the investigating judge to order the detention of it. do i make myself clear? this is why i was now satisfied that the prosecutor and the investigator did their duty. they'll do the same for golden dawn as the charges a

mr. berlusconi's pdl party, as well.w you where we stand as far as the currency rates are concerned. the dollar is trying to get off those eight-month lows t moment. euro slrn dollar, 1.3531. dollar/in is down to 97.39 at the moment, near the one-month lows. and the pound is up over 1.62. very strong. and as far as bond yields are concerned this morning, treasury yields, we'll take a look at those. 2763% is where we stand. we hit 2759% on monday. and italian yields are lower. 4.7% we hit on monday when we got that challenge reaction and challenge in the withdrawing of support from berlusconi ministers to the government. but yields back down to 4.37%. >> a lot of happiness in the italian markets today. still to come on this show, will investors welcome another round of long-term funding support for the currency blocks struggling lenders? we are live in paris to preview the central bank aes meeting right after this. lyrics: 'take on me...' ♪ ♪ 'take me home...' ♪ 'i'll be gone...' ♪ 'in a day or...' man: twoooooooooooooooo

mr. berlusconi? e did kind of agree that you have to be wary the way you handle things around silvio berlusconi these days. >> i do not think there are so many differences in our party. lucio malan said that at the end of the meeting this afternoon, they decided to go on approving the economic measures. so i think this is a good position. anyway, there are no possibilities to be part of a government that is thinking about more taxes. because taxes are the limits of participation in this government. it is not stable for our programs. we just have to explain that there is nothing to do with the justice problem of berlusconi. they are older than this decision. last week, the commission brought forward his excommunication from the parliament and the judges are doing their jobs. but the problem in italy is an economic problem. >> disagreement of opinion between you and francesco saraceno. let me get you to react to what lucio malan said. he seemed to hedge his bets a little bit when it came to that stateme

mr. berlusconi is facing the threat of damaging the realization that he may have had the overreached himself by attempting to sink the coalition. they wheel and deal in the crisis. when italians look on, they wonder if their government will survive. the feeling is the prime minister will come out on top. the administration will get the support that it needs. when silvio berlusconi is in the thick of the drama. at the end,that nothing is simple, but i am about to ask you, what is the latest? >> here in the senate it will the blackestgainst at oneere was a prayer , that he might be preparing the ground for some , but as theu-turn morning drew to a close there were other indications that mr. earle a scone he is going to hang tough and urges party to vote against the government. the truth is that this is a genuinely and predict will parliamentary drama and no one knows if the government will survive until the votes are counted. >> thank you very much. columbus. marco it stillsaying -- is too close to call? what is your latest? wax latest information comes from the prime minister and 23 senators

mr. berlusconi is most certain to be out of the senate within weeks. he's unlikely to be back again at least in any official capacity. outside, life continues for people of italy but people in rome feel little sympathy for their former prime minister. >> i hope this is the end. but it's authored perceive it. >> i think the end of berlusconi should have been quite a while ago. >> we got tired of him. we stress him too much now we should turn the page. >> this was the beginning of the end for berlusconi. i.t. was a year since he was convicted of tax evasion. anybody sentenced for more than two years for any offense cannot hold public office. there was nowhere else for him to go. this was the fight of his career for his career. earlier this week he threatened to use his influence to bring down the fragile coalition government but faced an unexpected mutiny from his own people. berlusconi scion had no weapons left and everybody knew it. >> well, i think with the approval of the confidence vote to the al esksppo government he withdrew his cartridges and his

mr. berlusconi's climb-down. >> when he left the senate, he faced boos and shouts from some of the crowd outside. some of his allies spoke bitterly of traders in the party -- traitors in the party. others tried to defend their leader. >> more than ever, he has shown that he is a statesman. he took the decision only considering the interest of the country. >> why this drama mattered? instability in italy could have shaken the eurozone. after all the days and hours of political intrigue, there is one big unanswered question -- is italy more stable now than it was? is it any more capable of carrying out much-needed reforms in the midst of the longest recession since world war ii? >> this crisis has shown silvio berlusconi's influence slipping away. there was a moment today when the man who has dominated italian politics for 20 years appeared week, and he knew it -- appeared weak, and he knew it. >> political crisis seems to be the buzzword of the day. greece was included in that club today. a leader of the far right, golden dawn, now under arrest. he and five members of parliament have been

mr. berlusconi's climb-down. >> when he left the senate, he faced boos and shouts from some of the crowd outside. some of his allies spoke bitterly of traders in the party -- traitors in the party. others tried to defend their leader. >> more than ever, he has shown that he is a statesman. he took the decision only considering the interest of the country. >> why this drama mattered? instability in italy could have shaken the eurozone. after all the days and hours of political intrigue, there is one big unanswered question -- is italy more stable now than it was? is it any more capable of carrying out much-needed reforms in the midst of the longest recession since world war ii? >> this crisis has shown silvio berlusconi's influence slipping away. there was a moment today when the man who has dominated italian politics for 20 years appeared week, and he knew it -- appeared weak, and he knew it. >> political crisis seems to be the buzzword of the day. greece was included in that club today. a leader of the far right, golden dawn, now under arrest. he and five members of parliament have been

mr. berlusconi is almost certain to be out of the senate within weeks.was last year on wednesday, but is unlikely to be back again. outside, life continues for the people of itly, but few in rome feel any sympathy for their former prime minister. >> i really hope this is the end. >> translator: i think that the end of berlusconi should have hand a long time ago. he tried everything to avoid it, thinking he was above his destiny. >> translator: we got tired of him. we trust him too much. now we should turn the page. >> reporter: this was the beginning of the end for berlusconi. it's a year now since he was convicted of tax evasion. he was given four years and the law clearly states that anybody sentenced to more than two years for any offense cannot hold public office. there was nowhere left for him to go. but he is a fighter, and this was the fight of his career, for his career. he threatened to use his influence to bring down the fragile coalition government, but faced an unexpected mutiny from his own people. berlusconi had no weapons left and everybod

mr. berlusconi was in fact under the influence of the more extreme, the more hawk section of his government. that shows basically how his party that undergone a kind of schism, split between the decisions of those speaking out to say this is not the way that things should happen and certainly is not what italy needs now. certainly with mr. berlusconi's latest comments, a very interesting turn of events now. >> a complete turnaround, his party supporting the government. thank you so much for your report live from rome. >> pope francis says the catholic church is focusing on serving itself rather than caring for its followers. he made the comments in an interview with an italian magazine, calling many leaders of the church narcissists who are not doing the work of god. it's the second wide interview the pontiff has called for tolerance on issues including abortion, contraception and homosexuality. he is hosting a group of cardinals to discuss church reforms. >> most of the country has seen warm and pleasant fall weather. we have in our national forecast. this is the sweet spot. >> it is. so m

mr. berlusconi celebrated his 77th birthday. >> happy birthday and many thanks in rome.e philippines are telling us how they were forced to fight on the island now for 19 days and we have more. >> reporter: these boys are finding it difficult to share their stories. they say they were abducted from outlying islands in the southern philippines by liberation fighters and at gunpoint forced to join the battle the fighters waived against government troops in the city. >> translator: i don't know why they took us, what they did to us is wrong, i just want to go home. >> reporter: they managed to escape and were taken by government troops and forced to admit they were rebels they say and were then beaten up by the very same people whose job it is to protect them. the boys are now in the care of the welfare department which confirms they are minors and they deny it saying they are working hard to ensure the rights of every one including accused are protected. 200 fighters are in the city in the philippines and took 200 hostage and put the flag in the center of the city. thousan

mr. berlusconi from parliament which is why he pulled his deputies out. but he still lives to fight another day. let's show you where we stand as well with treasury yields 2.61%. interesting thing is two short term treasury day is a reezing, yields are rising on fears of a government shutdown. but it is meaning that yields and ten year are actually lower with 22.63% yesterday. we did hit under 2.6%, 2.59% on monday. on the current he cicy markets, euro-dollar 1.3620. got up to 1.3646 overnight. the high for the year just over 1.37 for euro against the dollar. japanese yen, 97.10. this morning down at five week lows. bank of japan came out with announcements as expected today. we'll talk about that. they talk about a moderating improvement in the economy. aussie dollar a little firmer and the pound back below 1.62. so that's where we stand right now in european trade. what about that asian session? the last one of the week. let's go to singapore. >> thank you, ross. the political stance still in the u.s. weighing on the asian markets and the weaker greenba

mr. berlusconi. others came out and said, no, we are going to support the government. bit looks like letta will indeed get the support he needs. and the yields have come down 4.37% is where we stand at the moment. remember, they were yielding 4.7% two days or so ago. gilt yields, 2.7%. a little bit of data today out of the uk, construction pmi still hot suggesting we've got a fairly robust economy. that is where we stand right now in europe. back to you. >> all right. ross, thank you very much. when we come back on "squawk box," he is an icon of technology. but some microsoft shareholders wants bill gates to back it in. we have that story, it leads our executive edge right after this. plus, we are counting down to the 8:15 a.m. release of the adp employment report on this jobs on wednesday. "squawk box" will be right back. >>> welcome back, everybody. time for the executive edge. we'll start out with a story buzzing around microsoft today. three of the soft wire giant's top 20 investors reportedly want bill gates to step down as chairman. the shareholders who hold abou

mr. berlusconi insists he's completely innocent. you, kate. >> all right, ben, thank you so much for that. another day, another accusation against the former prime minister. >>> let's tell you a story about a killer whale. in 2010, a veteran sea world trainer was pulled into the water and drowned by a killer whale she had worked with for years. the death wasn't the first connected with this orca, or the second, it was the third. it was the trigger for a new cnn film black fish that premieres tonight on cnn. martin savage went to western canada to understand the history of a killer whale that lived up to its name. >> reporter: colin baird grew up on the southern tip where he worked at sealand of the pacific. >> i would go after school and weekends growing up. and just thought that's how everybody grew up. >> reporter: sealand of the pacific used to be here where this marina is now. there's nothing left of the old place. it was an oceanarium, an aquarium that was built in the ocean, nets separated the animals, the seals, the sea lions

mr. letta survived and silvio berlusconi has been asked to leave. chemicals, technology down 1.3%. utilities are up this morning. the bias is very much to the down side as well with these stocks. as far as bond markets, yields are contained. where we were at the end of last year. gilts yields 2.7%. itali italian's a little bit lower. spanish yields slightly higher. we haven't moved the same way. currencies are in the up trends of the year ranges. dollar dax haven't gone any lower. you mentioned a couple of stocks there earlier. one of the standouts was airbus turning the tables on boeing with its first ever big owing in japan. 318350 jet. boeing trying to get a deal with jet. that's where we stand in europe. thank you. >>> ross westgate. thank you very much. we're going to move the conversation to washington where john harwood is hanging out. we have a lot to talk about. we brought the rise above. i did miss that. >> it's always there. >> john, maybe i'm getting too cynical. i think it's possible we go over the debt ceiling despite everybody thinking we won't. what do you think? >>