paintings,f the northern europe at the time before the industrial, so it is a little clearer.ways reflective of the times. if you are not paying attention to your surroundings, what is going to inform you? tavis: i want to talk about one of the next iterations of your brilliance. when you look back on those years, using what? >> they have been hanging out together. was one of the funniest people i ever knew. they watched the tourists go by. we had seen them a few days before. i did not really put it together. never in a thousand years the realized there was a war going on, he had fallen head over heels for tony mitchell. crosby calls you and tells you to go to your house, you do it. tavis: when the call comes, show up. >> seeing that one that has only one verse, let me look around the house. they have good acoustics, you sit there. , helayed this little song said to do that again. it was the fourth time that he chimed in. knew the lives had changed. he was really smoothed. and what ever you want to call it can carry a tune. tavis: you can do more than that. you are being modes

it seems to me that's the big difference between the united states and northern europe, where by 6 or 7 years old, if you're a poor kid in america, you've kind of had a very tough time between the nutritional issues, day care and early childhood education. we now know that the brain is almost permanently disadvantaged. >> well, i think that there's been some really promising research on early childhood education. mr. chetty has done some of it. but it's difficult. it's a tough issue. when you look at these projects, things like the project that had great results in terms of long-term improvements and the life outcomes of kids they worked with, but this costs tens of thousands of dollars in today's dollars. it required intensive home visits, full-day preschool and the results were more in line of moving people a little bit farther into the working class, lower middle class. it wasn't that you took kids who grew up very disadvantaged and gave them a shot at getting into the top quintile, most of them didn't. that's a really good thing to do. keeping them out of prison, keeping them from

as he sees things, the future lies with wealthy retirees from northern europe.this vacation complex was designed to cater to a pensioner clientele. there are elevators in the buildings, a heated pool, and there is also a hospital nearby. >> i would not collect a retirement home home because there are cultural and social activities available. people can feel entertained without feeling old, but they know they are not alone and that there is excellent medical treatment. >> the trend for northern europeans to spend their final years in northern portugal is nothing new. the permanent german community here already numbers at least 10,000 retirees. these pensioners moved here years ago. too long for the new law to apply to them. their pensions will remain taxable and at a rate far higher than in germany. >> it is unfair to us and to the portuguese tax payers here. >> a german retiree on a pension of 2000 euros could save 20% thanks to the new law. at this early stage, however, the exact dividends for their host country are not clear. our new -- our new elderly immigra

as he sees things, the future lies with wealthy retirees from northern europe.this vacation complex was designed to cater to a pensioner clientele. there are elevators in the buildings, a heated pool, and there is also a hospital nearby. >> i would not collect a retirement home home because there are cultural and social activities available. people can feel entertained without feeling old, but they know they are not alone and that there is excellent medical treatment. >> the trend for northern europeans to spend their final years in northern portugal is nothing new. the permanent german community here already numbers at least 10,000 retirees. these pensioners moved here years ago. too long for the new law to apply to them. their pensions will remain taxable and at a rate far higher than in germany. >> it is unfair to us and to the portuguese tax payers here. >> a german retiree on a pension of 2000 euros could save 20% thanks to the new law. at this early stage, however, the exact dividends for their host country are not clear. our new -- our new elderly immigra

certain geographies, northern europe, north america look good but japan, china don't look as good. what chambers said is cisco is commited to delivering on the financial model they put out around 61, 62% gross margins and growth overall in earnings faster than revenue in most quarters. that necessitates these cuts. there is lots of questions going forward about whether cisco will be able to grow most of the time in that five to seven percent revenue band john chambers promised. >> tomorrow a lot of investors will wonder how cisco is saying translates to other tech companies, which might be impacted by comments tonight? >> suzy, i think you've got to consider what we saw from ibm. what we saw from oracle a few weeks ago having issues with revenue. does this global uncertainty mean that demand overall is getting soft in certain markets, emerging markets where cisco sited real uncertainty. some markets strong, some weak. i think that will be the question from cisco that then gets asked to a lot of other executives in the days ahead. are you seeing the same uncertainty, is the revenue

these are northern europe's highest peaks, and they're steeped in norse legends and folklore.spirits still inhabit the misty peaks. for centuries, villagers trekked across this pass to reach the coast. it was an arduous journey, but today, crossing it is a pleasure. at 4,600 feet, the sognefjell road is norway's highest pass. at this latitude, even these modest altitudes take us high above the tree line, with snow through the summer. norway's lunar-like mountainscapes and deep fjords were shaped by glaciers that covered most of the continent 10,000 years ago. europe's largest surviving glacier, jostedal, is still hard at work. it covers 180 square miles, and, though shrinking, is still mighty. of the many tongues of the glacier, this one, called "nigardsbreen," offers the best visit. the valley comes with a quintessential glacier view. the approach includes a cruise across the glacial lake. the scale is enormous, and blue cliffs of ancient ice dwarf awestruck visitors. park guides lash on crampons and rope up adventurous travelers in preparation for an icy hike. while there ar

last it's on if you would like to shrink the euro zone to a group of countries in central and northern europe but within this smaller group there would be clear rules especially we're talking about a so-called no bailout for those people we would like to go further by suggesting that in the new smaller eurozone bailing out the debts of other countries should be explicitly forbidden by law and also that every year a state has a right to leave the euro zone the current situation is absurd you can leave the european union but you cannot leave the euro zone so certainly a divisive group but they're ones that say that they can challenge the political establishment here in germany in the upcoming elections next month. prime interest before the show which is now reporting that police in bahrain of fired tear gas and bird shot at the protesters the gulf nations authorities are currently preparing for a major crackdown on dissent and wednesday marks the country's forty second anniversary of independence from britain and exactly two and a half years since the current wave of unrest began activists say

in the americas, things are going pretty well as they are in northern europe. thern europe, not as well. in japan, where cisco was doing very well last year, now they have some tough comparisons. also in the rest of asia, it is just a mixed bag. china is an area where cisco continues to have trouble. ceo john chambers said on the conference call cisco is committed to delivering on the financial targets they set, like gross margins being above 60%, like earnings growing faster than revenue in most quarters, well managed businesses do that, he said. and therefore that necessitates the making of the cuts so they are able to roll with the punches and the changes in this environment. he also said that cisco is taking too long to make decisions. he's going to cut out some layers that are slowing cisco down. but the stock tumbled at one point more than 10% after hours. if that is indeed where the stock opens later today, it will be back to the levels where it was back in may. guys, back to you. >> here is a quick look at cisco shares in germany, off by some 8.1%. prett

they talk about northern europe good southern europe, still a struggle struggle. they were saying the enterprise was soft which is a concern and service provider in japan and some other geographies also difficult, but then federal, the federal market is coming back a little bit. they hit their numbers revenue wise for the current quarter. and that's certainly hitting the stock along with these cuts their making. >> thanks for the update. keep us posted. we are watching cisco shares fall below the $24 mark at this time. we're also seeing the kroscrossing net work sector. juniper, fi, river bend, they're all trading lower. the qs are all seeing a bit to the downside. we said for a long time cisco is no longer a bet bellwether, but is it at this point? >> i don't know if you could say it's still a bellwet r or not. the fact is it's been performing quite well and the chart looks great. so if we start to see a break down here, it starts to make you think is retail the canary in the coal mine and are things going to get sloppy. zpl i was talking to guys today, currency

surely an a world war with no technology , no more than 40 monuments officers' ever in 100 and northern europe we did then we can certainly do a better job today that is why in 2007 for the preservation of life to show a few minutes of the initial years of our work. ♪ ♪ >> in particular general eisenhower of our cultural treasures is the return of the stolen property the monuments mint those that affected the policy, their legacy is rich and filled how to protect cultural treasures. but their legacy has all that been lost. we as a nation pay a high price for not having utilized that and time is running now. we are announcing today the creation of the preservation of art the mission is to preserve the legacy of the budget and then during world war ii to raise public awareness of the importance of protecting civilization's most important artistic and cultural treasures. >> recognizing the monuments nin and what we are doing today is very appropriate. thank you for the awareness of this part of preservation in the world for the future. video. >> [inaudible] >> event also was interviewed he said w

in fact, two officers in northern europe, a story i described in "the monuments men" were killed. they were there on the front line doing their job. they came back after the war, many of them resumed their careers, someone onto even bigger and better things. and i daresay there's not a museum our major cultural institution in this country that doesn't have a connection with the monuments officer. i want to let you see a couple of the prominent people and institutions that they represented in the years that followed. ♪ ♪ ♪ ♪ ♪ >> we don't have any monuments officers nearby that were able to make it tonight. one, in fact, does live not too far from philadelphia. however, we're very fortunate and it's such an honor for me to introduce to you all dean heller's other son and his wife are with us here tonight. thank you very much. [applause] i recall reading a quotation by president kennedy that said a nation reveals itself not only by the men it produces, but the men it honors and the men it remembers. and by that standard, we as a country today very poor job because we don't remember.

if northern europe is -- this is the counterintuitive trade, i would much rather own southern europetalking the opposite. >> if are you going abg. people are buying into this. >> bank of greece. it looked like it was going to zero. it's up 21% in two days. >> bank of ireland is another one up 15%. >> it's not that far from zero when they did that. >> gaventic reverse flip and diluted the -- >> it is reminisce sent to me. how about banc of america? you want beta be with bank of america, get more upside. >>> we are taking a look at seaworld out with its first earnings report since its ipo. >> i don't think this stock will dump. it's a seal. it will jump through hoops for you. >> it looks like bait to me, physically. if you look at the chart, 35 is important. but it can't get through the 39 level. so i really don't know what you would be buying it for. >> do have you is that written down? >> no. it just came. tim would put me to slope. >> coming up tonight. the viewer tweets making today's "fast money" live after this. stay tuned. before their gift helped preserve the point... before a

developed countries so we get less of our services from the government than they do in for instance northern europe. what is less understood is that for a variety of reasons, the share of income that people at the mill class -- middle class has been coming down steadily. and 1979, people in that middle part of the income distribution paid about 19% from all kind to the federal government according to the congressional budget office. in 1999, 20 years later was down to 27%. bluster in 2007 it was about 14%. last june partly because of the recession people think they were depressed when there wasn't special tax breaks it was down to 12%. the typical american family has been paying less in taxes every year as a share of their income even though the government has been spending more money every year as a share of their income. where is the money come from? we are borrowing it. we borrowed 36 cents of every dollar that we spend. most of it from abroad. half of it from the chinese. at the bottom a series of policies many of them pursued by republicans and democrats have to gradually light and the tax cod

in europe then a series of lows are moving into the northern areas of europe providing lots of heavy rain across the british isles and scandinavian peninsula. they will be peppered with thundershowers and other than that dry weather thanks to a big high pressure system. temperatures will be warmer than what we saw on thursday. london will be cooling down into 20 degrees on friday. still hot across the iberian peninsula and e andentially madrid at 38 or 36 on friday. here's the extended forecast. # >> we share with you one more story before we go. a record number of organizations are taking part in the hong kong food show. expanding exports is one of prime minister abe's strategies with growing the economy. the 2013 food expo opened on thursday. the event is asia's largest food show that draws about 400,000 drz visitors a year. 230 exhibitors are there at the booth for ja and agricultural cooperative. they sampled peaches in central japan. they also got a taste of melons from the northern island of hokaido. they are the largest importers in the region. more than 20% of the food export

now in europe, then, severe weather still continues across the northern areas of europe.ut dry weather continues across the southern half of the continent. temperatures are mild in many places. however, the peninsula will be soaring up to dangerous level once again into your friday. here's your extended forecast. >>> we'd like to share one more story before we go. people in southwestern japan are enjoying the last few days of their summer holiday not on a beach but in a limestone cave to escape the scorching heat. the daytime high was 34.4 degrees celsius on tuesday. but the average temperature inside the cave is about 16 degrees celsius throughout the year. visitors enjoy dipping their feet in a cold underground stream. >> translator: wow! it's so cold! >> translator: i don't get sweaty, even holding my child. it's very comfy. >> city officials say the heat wave has boosted the number of visitors to 1.5 times the usual number. this week they're expecting over 3,000 visitors per d >>> and that is all for this edition of "newsline." i'm catherine kobayashi in tokyo. thanks

internal problems in the united states in europe there was serious labor issues particularly northern europe and they reemerging in the united states. they needed to figure out how to coordinate policy with the industrial countries they wanted to protect capital against mutual international flights through the policy in iran will not go into this in detail because it is in the book but in the early '70s united states it's the old standards and of the greenback comes forward what you may call the dollar bill or so there was the danger always the french with the enter capitalist rivalries of the group of seven is formed for that one reason that the second reason is equally important when it is rarely talked about they want to come together to fight against the new economic order develop by the third world project with the general assembly 1973 the use of oil the conventional narrative but if you read the actual discussion it was not just that but they're very angry at the fact this is a new dollar bill had screwed up commodity prices so now we have to import things for -- from u.s. taxes are g

the financial sector has -- ashley: talking northern europe as opposed to southern europe?marily and in the core. and i would include, you know, the u.k. of course in this discussion after their service numbers this morning as well. so it's not across the board. you still have to be a little bit selective but you can pick up a lot of world class companies pretty cheaply in europe, more cheaply than you can in the u.s. ashley: it is funny, you mention ism. it was not bad here on this side of the pond yet the market didn't really react. we're still negative on the dow. are we in a period, do you think, david, where negative news has a bigger sting to the market than positive news has an upside? >> yes. because i think the market understands that we're getting very close to the beginning of tapering of qe and that the market is going to have to rest on its own laurels. it needs stronger economic data, the market does, i think, in order to, number one to make it hit the earnings market that have been father the market over the second half of the year. you will not get that unle

results, this is the second largest bank in italy, but they also operate in eastern europe and northern europeoo. what we're expecting them to confirm, the positive trends we have seen for the last couple of quarters, starting to see benefits feeding through, streamlined stock, while investors really focusing on is asset quality what is going on with the rising npls as far as italy is concerned in particular and provisions. we expect to see a quarter on quarter rise in provisions, of course, since seasonality and impact there and cross management for all of these banks feeding through, particularly given the head winds we have seen in europe. if we look at sanpaolo last week, they highlighted hungary and ukraine in particular as being particularly weak. keeping an eye on that in particular. in terms of the facts and figures, though, net is just income expects to come in around 3.4 billion euros. expecting to see a funding cost improvement there. deutsche bank saying a 1% quarter on quarter improvement and contrast with intesa that saw a decline there. keeping a focus on that. revenues of 5.9 b

stagflation had begun to set in, there were serious labor issues particularly in northern europe, you know? serious labor issues emerging in the united states. so they needed to figure out how to coordinate policy among the leading industrial countries to deal with this. in other words, they wanted to protect capital against mutual -- intranational fights through devaluation policy, etc. remember, and i am not going to go into this in detail because it's written in the book, but in the early '70s, '71 the united states rigged the gold standard so the greenback now comes forward, and you have something which you might call as dollar imperialism or whatever these days. so there was a danger that the french in particular, always the french, will somehow start an intercapitalist rivalry. so the group of seven is formed for that one reason. but the second reason is equally important, and in the literature on development it's very rarely talked about. and that is, they wanted to come together to fight against the new international economic order. a set of policies developed by the third wor

they said north america an northern europe were okay and asia was lousy and peripheral europe. >> a lothina. china is the big elephant. you are talking roughly one-quarter of global economic growth. given the focus right now on the quality of growth, rather than the quantity of growth. you have to consider the impact. >> the us consumer walmart was concerned about, too, there is not a strong consumer, necessarily, at least from what they're saying. >> let's be clear, we're not jumping up and down things are perfect. things are improving, they're not fantastic. things are improving, we still have a long ways to go. >> there is still 20 million people who want full-time work who can't find it. >> that's a telling statistic. >> that's a big deal. >> that tells you an awful lot of where things stand. john, how about you? is it a fair valuation for what's going on? >> i think from a valuation standpoint, multiples are starting to get closer to averages. i encourage all investors to focus on valuation or p.e.s relative to earnings and interest rates. i think as long as you don't look at p.e.s

you're seeing strength in the more developed countries, north ameri america, northern europe.ruggle. overall, again, i think we're seeing a near-term issue. but going forward, i think you're going to be really happy with this company and i think over the long term over the next year or two i think you're going see pretty solid and strong growth. >> all right, jim channing sticking with his shares. we watch them down about 7%. moving on now to major news, president obama making a statement moment ace go on egypt. he said the u.s. will cancel joint military exercises with egypt. to help us understand this, john harwood joins us live now from washington with more. john? >> kelly, it was a minimalist response by the president. you had some people including former advisers of his own saying that the united states should suspend or cut off military aid to the egyptian government. the president did not do that. he said that they were going to cancel those bright star military exercises scheduled for next month and continue to consult with his national security team on other steps. wh

upper parts of the iberian peninsula, central europe as well as northern parts of the balkan peninsula. through saturday temperatures still on the hot side. 38 degrees on friday as well and milan 33 on thursday. we'll steadily go up into 30 into the mid-30s into your saturday. so watch out for heat stroke. the reason for the hot weather is this high pressure system covering most of the western continent, central continent as well and also strong southerly winds are flowing into this frontal system coming in from the atlantic, which could cause some quite heavy rain for the northern half of the uk into the next few days. now further towards east asia, a rain band is lying over japan producing lots of rain. we have, of course, about 60 millimeters of rain in just one hour in the prefecture and that's good news because western parts of japan dealt with flooding. now thunderstorms will linger through honshu today. and you'll notice that a circle of purple can be found across the south china sea. this is a tropical storm, the ninth of the typhoon season so far, which could hit the island of

finally in europe, dry conditions across the northern half of the contupon nent. very unstable conditions and unstable across the south of the iberian peninsula and the balkans. heavy rain and thunderstorms and very large hail are possible on thursday. the temperatures are comfortable. 24 in berlin and 23 degrees in warsaw. here's the extended forecast. >> that coconcludes this edition of "newsline." thanks very much for joining us. captioning sponsored by macneil/lehrer productions >> ifill: good evening. i'm gwen ifill. >> woodruff: and i'm judy woodruff. >> ifill: tonight, an exclusive interview with president obama at the white house. >> woodruff: we discuss the potential for military action in syria. >> we do have to make sure is that when countries break international norms on weapons like chemical weapons that could threaten us, that they are held accountable. >> ifill: and we get his take on race relations in america, following his speech at the lincoln memorial today, 50 years after the marc w

and finally, in europe then dry conditions across the northern half of the continent, the very unstabletions across the south, especially unstable across the south of the iberian peninsula and the northern areas of the balkan peninsula, storms and hail are possible on thursday. temperatures comfortable, 24 in berlin and 23 degrees in warsaw. here's the extended forecast. >>> and that wraps up this edition of "newsline." i'm catherine kobayashi in tokyo. stay with us. we'll be back with more at the top of the hour.  >> good afternoon. i'm james harmon, president and ceo ceo of the wilson center. it has occurred to our speaker and me and maybe some of you that today is the second anniversary of zero dark 30. it was on may 2 at 12 :00 a.m. that the takedown of osama bin laden occurred. someone with my left had a lot to do with that. more on that later. a special welcome to the ambassador of

industrial face but it doesn't meet the productivity requirement that's in the southern europe is stronger than the northern and again one of the question one of the most interesting question is whether. congress emerging economies are will for industrial development a welfare state or will there would be just completely new decisions in a pension but if you want to run and you want to dress like this i think that's very interesting because we saw the west as a model for. a century or so ok of the cold war in between but is what the west is doing a model for everyone else or is it different ways of doing it because when you look at it's very different well if by the west you mean. european and europe. and which the north that is clearly showing that. the whatever they have built up is not sustainable at least not sustainable in its present form then i think the questions asked and answered. but i think this brings out. the limitations of talking globally the situation in india where something like eighty percent of the economy is informal in other words. not paying taxes not subject to any kind of social sa

industrial face but it doesn't meet the productivity requirement that's in the southern europe is stronger than the northern and again one of the question one of the most interesting question is whether. conscious emerging corner store will for a little industrial development a welfare state or will they would be just completely new decisions in a pension if you want to run if you want to dress like this i think that's very interesting because we saw the west as a model for a century or so ok at the cold war in between but is what the west is doing a model for everyone else or is it different ways of doing it because when you look at the age it's very different well if the west. can do you know. which clearly showing that. the whatever they have built up is not sustainable at least not sustainable in its present form then i think the questions asked and answered. but i think this brings out the. limitations of talking globally. elation in india where something like eighty percent of the economy is informal in other words. not paying taxes not subject to any kind of social safety net and so on that situation

northern california. we're not looking into europe. that's not what we do. we partner with other carriers for that. latin america, we would love to say bring this into columbia, peru and we'll see how the market responds. >> the market reacted to the report that fouthe founder was going to buy jet blue. he came out and said no, i'm not doing that, but i wanted to get color from you as to your vision of the company and whether it remains a publicly traded company as jet blue and not bought by somebody or some other company. >> melissa, i appreciate that. i do. that story back into the june time frame -- by the way of noise of commerce here in the background. all that said, the company wishes david nothing but the best. he was just tremendous with the vision in terms of the founding of jet blue. on a go forward basis -- by the way, i haven't been contacted by david and even the newspaper stepped back from that story as well. all lie flat seats and the first domestic suites and broad bond that's what we're about. >> we're going to leave it there. thanks for joining us. >> thank you. >> interesting sto

europe. it's bringing rain showers and thunderstorms out here. northern balkans 85 millimeters reported in the past 24 hours. in spain you could see severe thunderstorms popping up. we do have a few showers into northern portions of the u.k. but this is the topic if you're out there into berlin, 24 for your high, paris at 24 as well. even london at 22. it's expected to cool down into the weekend. here's your extended forecast. >>> and that's "newsline" for this hour. i'm gene otani in tokyo. ♪ >>> from the four winds and the scent of the earth, come the color of the seasons. exploring the four seasons of japan. rising above us, watching over us as we look up from below, towers exert an excitement whenever we see them.

finally in europe, lsevere weather is battling many areas, but areas like denmark, northern germany, nice conditions will return. and you can see some nice conditions in some places. this is the picture coming out of denmark yesterday. and if you are living in the southern parts of the continent, you could be seeing another sky show, that's the meteor show tonight, because of sunny skies and clear skies at night. temperatures will be quite mild in many places but very hot still in the iberian peninsula. here's your extended forecast. >>> before we wrap up, russian military commanders have launched a sporting event with a difference. competitors raced armored vehicles while shooting at targets. they're calling it the tank biathlon. organizers modeled the event on the traditional biathlon, where target cross country skis then shoot rifles. tanks from russia, belarus, and armenia turned up at a muddy track outside moscow to compete. >> translator: spectators can watch not just a show, but a competition between real men in real tanks. >> russian leaders angered their u.s. counterparts ea

europe. we have some spotty weather across the mediterranean. unstable air into northern balka balkans. 65-kilometer-per-hour winds, hail reported in possible seern e southeastern spain. this is going to fizzle. high pressure off to the north staying in place. but this is the next topic at hand. a big game changer. we have a storm system coming in off the atlantic. what this is going to do is first bring showers across the northern portions of the uk, also gusty winds about 65 kilometers per hour. but the temperatures are going to cool off when the front starts to dive in from the north into the early part of next week. london at 24, paris atd 25, even there in berlin, but going into monday and tuesday it looks like the highs are going to be in the low 20s to the high teens and lows into the low teens. and some areas here you could even be getting into the single digits. that's a look at your world weather. here's the extended forecast. >>> that's "newsline" for this hour. i'm gene otani in tokyo. from all of us here at nhk world, thanks for joining us. until next time. ♪

europe. this is one right here. it is out of portugal. northernortugal is dealing with very dry, very warm conditions as well. in this region they don't have the resources and the amount of firefighters like we do in the united states. a lot of people have to take matters into their own hands. this woman is trying to put out the fire in her village. temperatures across the region are also very high. we are talking into the 90s. now i'm going to show you what we can expect to see down here. in the gulf of mexico we have this area of clouds and rain. in the western part of florida we have seen quite a bit of accumulations going on there. a lot of localized flooding there. temperatures though this evening, atlanta is already down to about 81, birmingham at 83, still very warm out here towards louisiana at about 91. unfortunately tomorrow we expect to see quite a bit of rain all the way up the eastern seaboard. for atlanta, on sunday, 82 degrees, a chance of thunderstorms. over towards monday about 84 degrees. up to the northeast we had some showers p

italy is a strategically located country with respect to northern africa and southern europe.have to maintain and continue to develop that relationship. thirdly, italy is such an amazing place. that peninsula last, you think about 2000 years, what has gone on in italy. they have delivered more to benefit civil is a -- civilization in the world. you go to the pan thee on in rome, look at amazing engineering and brilliance and genius that produced this. look at everything that has gone on in italy from the renaissance to art, this is an amazing place. the people who live there now on the italian peninsula, inherit this. they are, have a great opportunity made. what i would like to see as ambassadors to help get their economy going with our joint efforts on our trade agreements, create jobs, create demand, so italy feels very secure going into the future. i think they have a great future ahead. >> thank you. senator kaine? >> congratulations. >> congratulations. >> miss wesner, i think you did a fantastic job. thank you for being here and i know you will represent our country ver

europe, mostly dry. but there are a couple of things to talk about. we are seeing severe weather from northernermany into the southern scandinavian peninsula. temperatures are quite mild as opposed to last week. here's your extended forecast. >>> one more story to share with you before we leave. the hot summer weather across japan means it's time to look for ways to beat the heat. one way is to prepare for one of the largest dance festivals in the country. hundreds of people did just that on the eve of this week's annual festival in western japan. about 700 dancers from 33 groups joined in the event on sunday. they danced on stage to the melodies and rhythms of flutes, drums and three-stringed instruments known as shamasen. >> translator: i really enjoyed the dancing by so many groups together. i look forward to the festival. >> the four-day event officially begins on monday. >>> and that is all for this edition of "newsline." i'm catherine kobayashi in tokyo. thanks for joining us.  - coming up: an urgent call for sustainability. - if we're going to do what we have to do in the shor

a quick look into europe is going to tell us that things are looking quiet out west. that's going to change for the northern british isles, into tuesday another atlantic system coming. for the time being the wet weather and storms is going to be concentrated from i up towards the northeast. you could see some large hail with this, short-term heavy rain as well. a little showery to the west and cool, but that's also going to change. high pressure expanding from the southwest is going to be improving temperatures across much of germany as well as france and the low countries. we've already got 38 in lisbon and 36 in madrid. here's your extended forecast. >>> and that's "newsline" for this hour. i'm gene otani in tokyo.

northern texas and into the great lakes region. it is still quite hot across much of the arklatex region reaching 38 degrees in houston with plenty of sunshine. now to europequite hot across the eastern areas here, as well, due to the african heat moving all the way to the south. the jet stream meanders to the north and east and south. western areas unstable area continues. we had a report of 115 kilometers per hour gusts reported in the czech republic. we have eight centimeter dynameter hail reported in germany. temperatures are shaping up like this and it will be continuing to be very hot across the central locations. so do be precautious for heat stroke. i'll leave you now for the extended forecast. >>> that's all for now on this edition of "newsline". i'm raja pradhan in tokyo. we'll be back with the latest at the top of the hour. thanks for joining us on nhk world.  >> you need to know that mark mazzoni wrote this that here -- of course it's the first thing i would tell you. he is going to tell you. even more interesting than the fact that he wrote it here, he was here or it was while he was here that max was born. we are a f

northern texas and into the great lakes region. it's still quite hot across much of the arklatex region, reaching 38 degrees in houston, with plenty of sunshine. now to europeot across the eastern areas here, as well, due to the african heat moving south. so the jet stream meanders to the north and east and to the south. and the western areas and unstable weather will be continuing here. we have a report of 115 kilometers per hour, gusts reported in czech republic in the three-hour span, 90 millimeters of rain fell in the same country. and we have eight centimeter diameter in germany. that's going to be taking place in similar regions from northeastern spain and into finland today. temperatures are shaping up like this, and it will be continuing to be very hot across the central locations. so do be precaution for heatstroke. now for our extended forecast. >>> here's one more story to share with you before we go. workers at a zoo in osaka are helping the animals stay cool in scorching summer conditions. they're trying to keep temperatures down inside the enclosures as a heatwave takes hold outside. the creatures suffered as the temperature rose above 35 degr

northern part of that as they become available. these are some of the first pictures coming in. >> wine makers in europe may have a new competitor.eat britains wine industry is booming, looking to make a pretty big splash. aljazeera reports from a vineyard in that southern england. >> k is nor for many things, the beat else, westminster, but wine, really? >> we make a fantastic spot of wine in this country. >> he swapped the corporate life for the quiet life. this is advice. >> yard, one of a rapidly growing number springing up, less gold rush, more grape rush. >> we have been winning top awards internationally because of the quality of the product, it's fantastic. >> you can see the level of investment here, lots of new i.q., opportunities to convince the connoisseurs british is best. conditions for growing grapes are perfect. this country has gone through a bit of a mini heatwave. is it climate change, some say yes, some say no. what everybody is aware of is just how unpredictable the british weather is. last summer, it rained, cool and miserable approximately the yield was horrendous. >> 2013 got off to a better start, but the

europe, well, really high pressure is dominating for the most part. we have this clear skies in play here. down towards the south, some moisture off the mediterranean is triggering thunderstorms for the northern balkans, also italy here and over towards eastern spain, as well. a few could be producing storms, about 65 kilometer per hour winds out of them. then to the north the main topic is this low coming in across the british isles. it's bringing rain showers with it. also we have the cold front. and the cold front is doing what its name implies, making things cooler. london, just 21 here on your friday. that's the look at the world weather. here's the extended forecast. >>> that's "newsline" for this hour, i'm gene otani in tokyo. from all of us here at nhk world, thanks for joining us. ♪ >>> this time on "design talks," plants. from the microcosm of nature in bonsai to intricate paintings of flowers, the japanese have long surrounded themselves with plant life.

if you look at europe there's a bottom in process and we think they have probably bottomed if you look in the northerndifferent story. it's going to be years in some cases depressionary conditions. looking at europe, bev been liking equities around specific names and europe, the value vas are attractive. strong balance sheets. >> do you think people watching now will be able to assimilate that and buy that? >> work with the professionals. actively managed. so managing the europe systemic risk and allowing stock picking to get some good securities sand good valuations that's how an m? >> to your earlier point, i think people are are underestimating the taper. i think the market is tell you over these last several days where we ended if six weeks of gains and clearly as rates rise, having a bit of an issue with stocks which seem to be sputtering. i don't think the market is yet ready to accept the fact that the fed is going to pull away even a little bit. i think initially there's going to be a tantrum. i'm not saying long term or whatever that that's going to be an issue but if you put that together wi

northern pacific. asia, u.s. thinks that the middle east, or central asia, europe matters, we have to be cooperating with the russianssecurity issues. to get to your question about propagandatoday, a television station broadcast in english, spanish, arabic. it presents the russian government perspective. it presents a strange russian government perspective. it is not something you would hear the russian foreign minister saying. it is a highly propagandized, counterpoint to voice of america or the united states point of view. the weirdest thing to me about it is, i tend to only pick it up when i'm in for hotel rooms -- they will play these strangely antiquated cold war many documentaries, or even cartoon strips that make fun of americans. they honestly don't fit with the attitudes of the russian people today. we have plenty of disagreements, but i'm surprised by how unsophisticated rt can be. host: the canon institute director at the wilson center, matthew rojansky. thanks much for coming on with us this morning. we will be joined tomorrow by matt bennett, cofounder of third way, to discuss his group's ongoing efforts

northern trust's recommended portfolio, how much of my money would be there? >> 13% of our equity rating. >> all right. let's talk about the larger markets. the u.s., japan, and europech are the areas where you're a little more strongly represented now. why? >> we were overweighted in u.s. we've been overweighted in the u.s. for quite some time. >> and right. >> and right. recognizing that the u.s. growth trajectory and obviously monetary policy were very conducive to risk taking. we recently upgraded our growth outlook for europe including the uk, recognizing we're starting to see the recovery happen in europe driven by france, germany and the uk. europe will be out of a recession next year. >> maybe little better to be early than late on europe. is your view. what about japan? >> japan is a fairly nuanced story. we're positive on japan insofar as they'll have a recovery on the growth rate. they're still out on massive quantitative easing program. >> if you're overweight on the u.s., that suggests to me you're not overly worried about the fed and tapering. >> we're not overerly worried about the fed. i think it's been interesting to have this dress rehearsal for ho

in fact, two officers in northern europe, a story i described in "the monuments men" were killed. they were there on the front line doing their job. they came back after the war, many of them resumed their careers, someone onto even bigger and better things. and i daresay there's not a museum our major cultural institution in this country that doesn't have a connection with the monuments officer. i want to let you see a couple of the prominent people and institutions that they represented in the years that followed