but in all honesty, the strength markets right now are middle east and north asia are playly strong but cestuis is picking up as well. -- southeast asia is picking up strong as well. >> are any product lines going to be more attractive than others? i mean for example you have stuff that's across the board to the lot. what are some of the -- ones that you are really putting your most faith on? >> as you noted we have a wide variety: some 8,000 different programs that we monitor with inside racion and we do cross the entire board and spectrum of different technologies and we do business last year at 81 countries. so we have the -- not only do we have a breadth of products but a breadth of markets. the strong markets anything that has to do with missile defense. you know sort of antiair and antimissile. more and more homeland security based or at least security, and boarder security based. those kind of things are real silver linings going forward and we think things like cubeerer going to pick up -- cyber in the next couple of years are going to pick up. >> something like missile defense

we have decades of partnerships in north asia and japan and korea. obviously when you look around at the partners who have been on f16, and now migrating into f35, in europe, middle east is asking for more collaboration and joint ventures, so if there is a new area, that is probably where it is. >> rick, thanks very much for joining us. >> thank you for your time >>> no government department is subjected to more scrutiny or legislative constraint than the pentagon. and with good reason. the defense department spends some $400 billion a year on goods and services. and when things go wrong, they tend to go wrong big and end up costing many billions of dollars. plus, given dod's actions can spell successor failure for contractors and you communities, lawmakers have a watchful eye to protect programs and people and facilities. each administration has added new layers of regulations, guidance and requirements, to keep from repeating past mistakes. all of which adds up. and dan guran of the lexington institute estimates all that costs between 50 and $100 b

like to go back to you i think it's quite interesting here is that you mentioned the pacific and north asia which i think is correct and we were talking about the greater middle east is that we've seen the map being redrawn or going back to where you used to be when we look at so tarion differences and all that because so many countries in the world are artificial their borders are artificial and were decided by outside powers do you see that unraveling given sectarian differences tribal differences. well i hope not you know one of the great sources of stability and order in the world is that there's been this norm that you simply are not allowed to change borders by force and as you point out the ethnic and national demography does not match exactly the territorial borders in places like africa in asia and many parts of the world in europe even and so if we if we get rid of that norm of these fixed borders then we're in big trouble i'm not sure that that's that's the big issue what i see is that there are disputes over resources especially oil in east asia and then there are these historic

like to go back to you i think it's quite interesting here is that you mentioned the pacific and north asia which i think is correct if we were talking about the greater middle east is that we've seen the map being redrawn or going back to where you used to be when we look at so carrying differences and all that because so many countries in the world are artificial their borders are artificial and were decided by outside powers do you see that unraveling given sectarian differences tribal differences well i hope not you know they're right i mean you know the. one didn't survive because england and france were simply not strong enough to ensure that they would survive and once germany decided that they didn't want those borders and that was that after world war two the united states and the soviet union were strong enough to say that there be no border changes but the most serious border change that taken place since world war two took place in yugoslavia and yugoslavia was clearly a case of where your border changes took place george we're going to have to talk about the order changes in an

and north east asia a couple weeks ago when their intention. through jand of the alliance the machine country in shock or in japan to a part because of popular opposition in in south korea. india's not really going their way too much china and so forth to the south china sea and one area where they have all the advantages they have missed real contest. tween game and the countries in the region so it's sort of the heavens and if you want to. if you want to build up alliances and if you want to see the chinese. what was a. and while the u.s. i may be seeking more influence in the asia pacific region in afghanistan it's slipping away the country's president has been forced to accept parliament's decision to sack two top ministers both with key links to washington well we spoke to u.s. congressman dana rohrabacher who gave us his view on the difficulties that president karzai continues to face. the government that this was a stablished after nine eleven and afghanistan does not reflect. the values of the afghan people themselves and so it's a tota

within asia we are noticing a clear bifurcation in terms of performance between southeast asia and north asiathe former being a lot more domestic oriented, the latter a lot more trade dependent and therefore vulnerable and exposed to the global vol la tilts in the developed markets and away from the macro side and the country allocations we also have, as i highlighted earlier, have a much greater degree of focus on the defensives, the health care, discretionary, consumer staple names which have consistently outperformed. the risk is a momentum play and they're becoming a lot richer and we have to be a lot more concerned about whether or not those markets are going to turn around. a final point -- go on. >> i was just going to -- i was struck earlier, i was reading something this morning looking at the ftse over the last five years. it's five years into the financial crisis, john. the ftse is down about 9% but if you add in dividends reinvested it's up 8%. and talking about yield and dividend pays, i just wonder where we are in the evolution of good, solid, regular asian companies paying divid

born in south erica, it read to north america, australi asia, europe and afri.itness enthusiasts from coast to coast and virtuay everywhere in-between. >> man: it's a phenomenon. "the ohio phenomenon," they call it. it's a midwest towhere, just a regular little wn, d, you know, it was like a party, but you were still getting your exercise . i started off weigng 205 poun and i was just really bulky before i started zumba. and now 's just like i'm lean, anit's a whole body transformation, really. now, on my job, what i do i deliver freight. and right out lunchtime, wn it would be pretty cleared out negative five degrees and it's like, i wentack there at lunch and some of the her couriers, they're like, "i just don't understand you, jones." [laughs] on't you just feel like resting?" i'm like, "that gives me energy." [♪...] my wife, joan, she's the one that discovered it on the infomercial. before she was just kind of depressed, a then all of a sudden she found zumba. and it's like her whole body, her whole mood, hemental attitude just changed. zumba, i mea has just

geographers call the larger region "north africa and southwestern asia." in most countries there, corrupt, authoritarian regimes are the rule. many are undeveloped economically, despite great oil wealth in some. rarely do these states distribute the wealth evenly. according to former mideast envoy dennis ross, they create perfect conditions for terrorists outside the state structure. someone like osama bin laden has to prey upon the existence of alienation, fear, hate, frustration. narrator: over the past 50 years, many repressive states were backed by the u.s. government, which is now also targeted by bin laden. we rank right up there, because we prop up the regime which he thinks is betraying islam the way he interprets islam. narrator: on iraq, some experts were very troubled that an american invasion might recruit many new terrorists. you can easily lead to a situation where, at both the state level and the extrastate level, you precipitate exactly the kind of response you're trying to head off. and that's a response that indeed pits a part of the worl

north satisfied with its missile shield in europe washington has announced plans for a similar weapon system in asia a pentagon official pointed at a perceived threat from north korea as the main justification of a congressional adviser said china is a target and more now on the shield and how its might affect the power balance in the region with political activist and head of the new guidelines that were not a ray it is not a thank you very much indeed for a time almost every north korean ballistic missile launch so far has been a failure so was a lot of there is this official line that north korea is a threat a plausible one. well clearly the threat is exaggerated by the united states but we can see beyond the rhetorical that the real target here is china and the u.s. wants to justify rebalancing most of its troops. and we theel down the use of north korea the use of china as the usual skied. only intended to provide more just typically shown for the permanent and expanded u.s. from military presence in our region including our countries like the philippines which will soon be host to more u.s. tr

asia is already the biggest beer market. accounting for over 30% of global consumption. demand is brisk in china and vietnam. beer sales in europe and north america weakened. major breweries are stepping up in asia fearing competition. the focus is moving to southeast asia where the potential for expansion. it is also more room to grow as the less presence of global giants compared to other regions. the southeast asia market got a jolt last week. leading heineken to announce it reached an agreement with major singaporean beermaker for $4.1 billion. heineken is acquiring a stake of 80% of asia breweries or apb. it is known for the popular beer tiger brand. it will open the way for heineken to advance deeper into southeast asia. apb runs 30 breweries in the region and maintains strong marketing networks. we asked an analyst what's so attractive about southeast asia beer market and what we can expect ahead. >> i think the brewery market has been ten years of consolidation. there are few big players that offer heineken. i think there will be more to come as it increases the share in emerging markets. southeast asia will be popular because of

said that started 75% of our north korea policy is a south korea policy in the sense that we need to stay synced up with our allies and the japan also another ally in asia whenever dealing with the north korea problem. >> host: you know, in other aspect of the book you talk about this president pushes own interest and use match in pyongyang have been a major influence on his thinking. and of course the idea out there that book in the white house and at other refugees in the white house, the appearance of the object d. and the kumamoto and so he took a bully pulpit approach, but my impression was that the human race envoy that was appointed really was not a major part of the picture in terms of the policy. now we have the abundant ministration. we haven't seen any refugees in the oval office, but we have seen the human rights envoy that went to north korea and talked with the north koreans, raise human rights but the north koreans, even of those probably relatively short conversation. what do you see as the merits and demerits of each of this approach is quite >> well, i think it's great that robert kane has been able to make a trip to north korea the mo

as we have seen from north and south america, to east asia, everybody benefits when neighbors open their markets to each other and take steps to spur regional trade and investment. unfortunately, there is still less trade among the countries of sub-saharan africa than in any other region of the world. south african leaders have said encouraging words about regional integration. the region looks to them to help lead the effort to tear down the barriers that often make it easier to export goods halfway around the world than to your neighbors on the continent. the president is picking up the mantle by championing an ambitious corridor, in the skin governments, the private sector, and organ -- enlisting governments, the private sector, and organizations. the highway from cape town to cairo. with south africa in the lead, perhaps i will be able to come back and drive it. [laughter] the third area of our shared agenda is peace and security. south africa and the united states have not always seen eye to eye. particularly at the height of the crisis in libya. the differences we have the cleanest

asia is already the biggest beer market. accounting for over 30% of global consumption. demand is brisk in emerging economies like china and vietnam. but beer sales in europe and north america weakened. major breweries are stepping up marketing efforts in asia, fueling competition. the focus is moving to southwest asia, where there's huge potential for expansions and also more room to grow compared to other regions. the southeast asian market got a jolt last week. that brewer announced it reached an agreement with a major singaporean-based beer maker for $4.1 billion. they are acquiring a stake of about 80% in asia-pacific breweries or apb. it's known for the popular tiger beer brand. the acquisition will open the way to advance deeper into southeast asia. apb runs 30 breweries in 14 countries in the region and also maintains strong marketing networks. we asked an analyst what's so attractive about the southeast asian beer market and what we can expect ahead. >> the brewery market, there's been consolidation. today i think there are few big players. i think there will be more to come as existing players increase their share in emerging markets. so southeast asia wil

asia. europe to africa to north america has been this divide and conquer get people to turn on each other fracture the majority and then waltz into power caesar napoleon we're big fans of it and so too is wisconsin governor scott walker because it's the perfect strategy for breaking organized labor in its first month in office back in january two thousand and eleven scott walker admitted to a wealthy donor that he plans to use divide and conquer to break the backs of working people in his state take a look. at the chance we'll ever get to be a completely red state and work on these here and become a great will in fact to do what you do to help you were a certain a couple we were their budget just one of the first of those. we're going to do was click to bargain for a public employee that used to buy. and that's exactly what he did divide and conquer he pitted non-unionized private sector workers against public sector workers union as public sector workers carried that it was a zero sum game that as long as public workers live high on the hog with their forty thousand dollars a year salaries than p

europe washington has announced plans for a similar weapon system in asia a pentagon official pointed at a perceived threat from north korea as the main justification but political activist and head of the new patriotic alliance are not over says that apec that is a paper thin excuse. clearly that you read this being the senate exaggerated by the united states but we can see beyond their authority that the real target here is china and the u.s. wants to justify rebalancing most of its troops towards the region this so-called threats emanating from china are highly suspicious questionable in our in fact just so the u.s. can justify sending more troops and ships here in in this region only intended to provide more just typically show and for the permanent an expanded new military presence in our region that's another concern of ours. missile shield. to fall on farms freeze in the region or the world countries like china and north korea into thinking of the her stands in competing with the united states in deploying more war machines. throughout asia and the that happens that could lead to a bigger threat to peace. over

almost seven out of 10 of the applicant pool are from mexico, 20% from other north, central, and south american countries; 8% from asia; 2% from europe. opponents accused president obama of pandering to the latino vote and circumventing congress. dan stein is with the immigration reform group fair. >> it's election-year pandering, using immigration benefits and the right to live in this country, a precious benefit the american people bestow, for nothing more than base partisan political motives. >> reporter: when she graduated from ucla this spring, leslye osegueda feared she'd have to live in the shadows or be deported like her father. now she hopes to go to law school. >> my heart is pounding i'm so happy. like, i didn't think that this was going to happen. it's an amazing thing. >> reporter: bob, the applications cost $465. the permits must be renewed in two years. but since this is policy and not law, a new president in november could undo it all. >> schieffer: all right, bill, thank you very much. millions of baby seats are being recalled for safety reasons. returning home to see what's left after a wildfire tore

to provoke countries like china and north korea into thinking at the her stands in competing with the united states and deploying more war machines are throughout asia in the that happens that would be a bigger threat to peace than what they. are coming from china and north korea over at our website r.t. if you can find any stories here manifest on air there's a taste of what stories we have on line right now. a religious right that germany finds fault a country is a multi multi images strained further after rabbis charge for a bad procedure. bad mean lasses in montréal demonstrators hope to pin down vote hunting made in politicians every long running feud over school. download the official application itself choose your language stream quality and enjoy your favorites from arts l.t.v. is not required to watch all its hear all you need is your mobile device to watch our t.v. any time. all right let's take a look at some other international news this hour first to africa and the massacre of that shocked kenya to rival communities are to be brought together to settle the tension which saul fifty two people buta least slaughtered women and children who

or get poor countries like china and north korea into thinking at the her stands in competing with the united states and blowing more war machines are throughout asia and that happens that would be a bigger threat to peace than what the telling us were coming from china north korea over at our website our cheat out comic and find any stories you may have missed on air here's a taste of what we have there right now. a religious right that germany finds wrong because trees are multi quilty images strange further after a rabbi is charged for a procedure. and the masses in montréal demonstrators hope to pen down and vote hunting radio politicians and a long running feud over school feats. download the official application itself choose your language stream quality and enjoy your favorites. well t.v. is not required to watch all its hear all you need is your mobile device to watch r.t. any time of the. all right let's now take a look at some other international news this hour first to africa and the massacre that has shocked kenya to rival communities are to be brought together to settle the tension which saw fifty two people brutally slaughtered women

as we have seen from north and south america to east asia, everyone benefits when neighbors open their markets to each other and take steps to spur regional trade and investment but unfortunately there still is less trade among the countries of sub-saharan africa than in any other region of the world. south african leaders have said encouraging words about regional integration. the region looks to them to tear down the barriers that make it easier to export goods halfway around the world than to your neighbors on the continent. picking up the mantle by championing an ambitious north/south infrastructure corridor. to realize that vision that so often remained elusive. the highway from cape town to cairo. with south africa in the lead perhaps i will come back in a few years and drive it. the third area of our shared agenda is peace and security. south-africa and the united states have not always seen eye to eye in this area particularly at the height of the crises in libya. the differences we have between us in these moments are over tactics, not principles. that should not obscure our m

to provoke countries like china and north korea into peeking at the her stands in competing with the united states and blowing more war machines are throughout asia in the that happens that would be a bigger threat to peace than what the telling us are coming from china north korea . over at a web site r.t. dot com you can find any of the stories you may have missed on air as a test of what we have online for you right now. a religious right to that germany finds wrong because he is multi called t m and as strange further after a round was charged for a bad procedure. and the masses in montreal's demonstrators hope to pen down vote hunting canadian politicians and the long running feud over school fees it's. download the official r.t. application so choose your language stream quality and enjoy your favorites from art bell t.v. is not required to watch all its all you need is your mobile device watch r t any time. all right it's time now to take a look at some other international news for you this hour and first to africa and the massacre that shocked kenya to rival communities are to be brought together to settle the tension which saw fifty two

over the world countries like china and north korea to begin at the her stands in competing with the united states and the glowing more war machines. throughout asia in the that happens that would be a bigger threat to peace than what the u.s. is now. from china north korea. let's now take a look at some other international news this hour and first to africa and the massacre that shocked kenya two rival communities are to be brought together to settle the tension which saw fifty two people brutally slaughtered when men and children were burned alive or hacked to death in their hearts when their village came under attack the two warring communities have long fought over land and water but this is by far the worst violence since post-election fighting flared four years. ago. taiwan's braced for the arrival of typhoon tembin with more than three thousand people evacuated to safe areas the military is on stand by with empty abuse vehicles to help any relief effort once the storm has passed three years ago the island was devastated by a typhoon which killed seven hundred people. former soviet military bases once teeming with activity during the cold wa

because of this real rise of china and the difficulties emanating from north korea and the dynamism of asia and because of broader security concerns and staying in the same place is not sufficient. we have got to move forward. for an alliance such as ours to thrive we have to approach it from the perspective of a tier one nation. a tier one nation has economic weight, a capable military forces global vision, and willing to take leadership of international concerns. it is clear that we think the u.s. can better support this alliance. there is not a question in the minds of most of you and none of us about the fact that the united states is going to be a tear one nation. it will continue to be a tier one nation. japan, it is time for a decision. does the japan continue as a tier one nation? 50 tier two -- if the tier 2 is ok i guess the close report and do not read further. we say that japan is capable of remaining a tier one nation. we have questions about japan's dissipation. -- disposition. we believe japan need a strong u.s.. for japan to remain standing shoulder to shoulder with the unit

blue scope surged 35% after announcing a partnership to target southeast asia and a north american market. trading down by .2%. right now, back over to you. >> good to see you today. the investment community is weighing in on the potential market impact of mitt romney's vice presidential pick. nomura analysts said the vote puts ryan into the fiscal center of the election and will likely bring debate forward. they noted the greater focus on fiscal consolidation could be a headwind for risky assets in the coming months. secondly, unicredit said paul ryan will force a greater debate on paul ryan's situation but that would be unequivocally positive. it could affect romney's chances of becoming president. we want to know what you think. send us your thoughts. e-mail us at worldwide@cnbc.com. tweet us, as well. ross. [ male announcer ] this is the at&t network. in here, every powerful collaboration is backed by an equally powerful and secure cloud. that cloud is in the network, so it can deliver all the power of the network itself. bringing people together to develop the best ideas -- and provi

asia, where revenues jumped 24%. in europe, they rose 4%, and in north america 17%. there's another reason fossil is doing well: strong appeal of skagen watches, a danish brand it bought in january. now take a look at this chart of fossil shares this year. there was a big sell-off in may after the company warned of weakness in europe. the shares traded as high as $138 back in april. fossil's strong results come at a time when many retailers are experiencing trouble in europe. but longer term, fossil sees strong opportunities to boost its market share in the region. erika miller, "n.b.r.," new york. >> susie: also strong profits from movies like "the avengers" plus a related theme park expansion turn walt disney's third-quarter profits into a welcomed surprise. quarterly profits for the mouse skyrocketed 24% to $1.83 billion. the super hero movies have made more than 1.4 billion worldwide and the studio results helped to offset a drop in profits at the pour house. tom, disney shares went into this report just below a 52-week high. they closed up at $49.81 a share but

. >> versus 55% for the rest of north america and asia. what do you see in europe?nancially strong market leading companies that are paying very high dividend yields. the fund or the portfolio we're featuring today is called enhanced dividend and it's a global portfolio that seeks out high paying dividend stocks that nevertheless have the financial strength to continue to pay those dividends, and so i think one of the things that's very important is to separate the sovereign problems of europe from the companies. we've found that a much better indication of future performance from a stock are these metrics in terms of value, in terms of financial strength, et cetera, so there are a lot of tremendous barga bargains in right paying high dividends. the portfolio has a dividend yield of 5.3%, we contrast that with what investors can earn from the bond market it's not even close. in the bond market you're essentially buying a loss. look at the ten-year tips it's negative basis points. >> right. >> so why would any investor really want to buy and guaranty guarantee a loss

crucial in trying to establish -- a meeting is also taking place in asia to strengthen relationships in that region. japanese and north korean officials are holding their first joint government talks in four years in the city of beijing. the two nations hope to build a formal diplomatic relationship. >>> and finally, reports of a hijacked plane sent military fighter jets scrambling over amsterdam today. a loss of communication between the crew and control tower caused officials to fear the plane had been hijacked. crew and all 180 passengers landed safely. >>> want more trouble for those who just can't leave the cell phone alone. the moving violation that could soon make a much bigger dent in your wallet and could also impact your driving record. >>> and good evening, i'm jeff ranieri, in this 6:00 hour, we're tracking warm temperatures across the east bay, holding on to some low 90s from livermore up to concord, and if you're looking for a cool day tomorrow, not going to happen, but we'll talk about some changes coming up in that seven-day. >>> the city of richmond has put some hollywood star power behind the attempt

north korea and china's military activities. the military officials agreed to bolster cooperation for sta bill nit the asia-pacific region.hey agreed to consider installing the powerful x-band radar system for early detection of a missile launch and its trajectory. that system is already in place at a self-defense forces base in northern japan to manage the threat of north korean missiles. installation of the radar system in south -- southern japan would improve capacity to gather information on china's short and medium-range ballistic missile activities. japanese government officials are reconsidering their guidelines for deton taminating forests. radioactive materials enemy the fukushima daiichi plant have tainted soil and trees. environment ministry experts planned to limit the cleanup effort to forests within 20 meters of the communities and campsites in fukushima prefecture. the municipal leaders called for a wider decontamination zone. they say forests are essential to the lives of people who live there. they point out that forests make up about 70% of the prefecture. they say excludeing most of this area for decont

because of this read/write in china, because of the difficulties emanating from north korea, because of the dynamism of asia, and because of broader security concerns, and yes, i meant iran and others, staying the same place is not sufficient in being stable is not sufficient. we've got to move forward. from our point of view, for an alliance such as are still exist and thrive, we have to approach it from the perspective of a t-1 nation. what do i mean by this? a t-1 nation is a nation that is economic weight, capability military forces, global vision, and is willing to take leadership of international concerns. it's clear as you read our report that we think the u.s. can better support this alliance, and we should do so. but there is not a question i think in the minds of most of you, and certainly none of us, about the fact that the united states is going to be a tier one nation. and will continue to be a tier one nation. but japan, however, it's time for decisions. japan has a decision to make. and that is, does japan continue as a tier one nation, or are they content to drift into tier two status? and i

asia-pacific. >> you're right. tracy: north of the merge's and europe. >> here's the thing.s, august 17th. i have to explain why tiffany is down. at least i'm not doing that. i think what people like, this is what i like. same-store sales up 10% in japan. they have 5 stores there. -- 55 stores. stores sales were up in europe of all places. ashley: times get tough you buy jewelry. >> the moral of the story, sometimes even a bad company can have a oversold stock.+++ trial. there are eight similar trials going on across the globe. obviously samsung shares took a beating today. lowest level in four years where they closed. but apple shares hitting a new all-time high above $680. still up 2%. now according to bloomberg, apple will ask the court to block several samsung products from store shelves here in the united states. so we have to see what happens there we will continue to follow it because obviously this is big story for consumers. another big story for consumers amazon.com. shares are down right now. but they too hit a historic high a little bit earlier today. and you kno

on the agenda in asia in beijing diplomats from north korea and japan will hold talks. many see this as a test of pyongyang's new leadership. another whopper of a day for hong kong earnings. also get full year numbers from australian firm worley parsons. as we turn our attention the united states. the u.s. national hurricane center has made tropical storm isaac a hurricane. it's now officially hurricane isaac that is preparing for a hit on new orleans and the u.s. gulf coast. we'll have the latest on that when we come back. also still tuned at the top of the hour, we're joined by adam posen. he's stepping down from his position on the bank of england monetary policy. he'll be with us in the next four minute. we've had spanish t-bill auctions. yields have come down on three and six most bills this morning. the three month yields came in at 2.1% versus 3.95% on july 24th and six month t-bill yields also came in substantially lower as well. so, with isaac now officially a hurricane and the threating to strike new orleans on the seventh anniversary of hurricane katrina we'l