things are looking good for nicolas sarkozy right now.ust as he is about to take off the justice system prevents him from doing so. clearly this is a legal fight but it is also a political fight and we are going to hear a lot more about this in the coming weeks as nicolas sarkozy will fight legally and politically against that decision. genie: good to have you staying on top of this. in israel, benjamin netanyahu finally sealed a government deal hours before the final deadline. that coalition brings together five conservative parties including the far right jewish home. it only gives that coalition a one-vote majority to rule. reporter: seven weeks after a decisive election victory and two hours after a final deadline, benjamin netanyahu has formed a coalition. joining those loyal to the israeli prime minister is the jewish home party, and outspoken in support for israeli settlements in the occupied palestinian territories. translator: i am sure that no one is surprised that these negotiations were lengthy. no one is surprised that they e

former french president nicolas sarkozy is in the spotlight. in less than an hour, he is due to find out whether or not his opposition party can change its name to "the republicans." and why a simple name change when all the way to court rid i am joined by clovis cut sally. why so much controversy? clovis: it can seem ridiculous where in the united states you do have a party called the republicans. 140 individuals -- he is accused of stealing, hijacking the name republicans. they believe it belongs to all of the french people, and they feel it is violating the french constitution. that french -- that france should be an individual democratic, and social republic. they argue that if you have a party called republicans, that would exclude one third, two thirds, or half of the population. his allies accused people of being left wing activists with no legal ground. the unp has not yet become the republicans. beyond the court case. the name change will be put down to a vote on thursday and friday before a major unp congress this weekend in paris. as

a france -- a french court rules taped phone conversations between nicolas sarkozy and his lawyer can be admitted as evidence in court. a coalition deal in israel sealed two hours before the deadline. prime minister benjamin netanyahu lines up the slimmest majority with the backing of the far right.

lawyers say an appeals court in paris has ruled that the phone tapping of former president nicolas sarkozy was legal. magistrates investigating him for suspected corruption and influence pedaling conducted the tapping. they listened in on conversations between sarkozy and his attorney. today's appeals court ruling could lead to a trial and hamper sarkozy's attempts at another term as president. >>> for 90 minutes now, polls have been open, voting under way, all across theu.k. 45 million people are eligible to vote. more than 40,000 polling stations. incumbent prime minister. david cameron and conservative party are facing serious challenges from the party of ed miliband, he's casted his ballot. nigel forage, of the uk, ukip, appears at his spolg station to cast his vote. as well as green, natalie bennett. went to a polling station. all the video coming in to cnn. nick clegg. and nicholas sturgeon of scottish national party. the polls will close at 10:00 p.m. local time. or 5:00 p.m. eastern. the action will ramp up once those polls close. the returns stot being rushed in. we can figure out

a big set back for nicolas sarkozy. that authorities acted legally when tapping his phone. it's part of an investigation into allegations of influence pedalling. his lawyers say he will appear. you're up to date. that's the cnbc news update. back to you. >> thank you very much for that. >>> a bit of a rally going on in the markets now with the dow up by triple digits. bob pisani is live at new york stock exchange and bertha coombs is live at nasdaq. >> the big caps are getting the big lift after yesterday's selloff. on average volume at this point in terms of the large caps the nasdaq 100, some of the biggest leaders, alibaba after that blowout number. and yahoo! is getting a lift along with it. yahoo! today gaining $3 billion more for marisa myer to play with. avantgo finishing it's deal. lots of disappointments as well green mountain coffee priceline, tesla and whole foods today having a huge volume day. it has lost almost as much as it did about three years ago after another disappointing quarter. whole foods now goi