he's from bnp paribas. carolyn, over to you. >> he says his country can avoid a bailout. will issue long-term debt tomorrow. that's going to be a key test for the country after yields on the ten-year paper creeped above 6% this week. meanwhile global leaders are discussing plans to boost the imf's resources. jarngs sweden, denmark are helping to increase its resources. cliff let me get your take on the european situation for a moment. the bad news, they don't seem to be ending here. we've got italy coming out saying it's not going to meet its deficit targets. now that we heard that, a third round of the ltro is probably not going to be on the table. what do you tell your clients in terms of the exposure to european stocks, particularly banking stocks is. >> we're largely having some trouble having those conversations because we don't really know. we're hearing what you're hearing and on a day-to-day basis, the investors i'm in touch with in the u.s. are kind of looking at the markets from a global perspective. we're seeing decent earnings out of the u.s. the fed chairman,

paribas in danger. why yorkshire could become a mining center again.nd kids keep up -- the controversial ban. armenians do not have it easy. the cease-fire with neighboring as a rise and is very unstable, and the relationship with turkey is difficult because the turks still deny the mass murder armenians during and after the first world war. things are not much brighter when it comes to the country's economy, either. in florida prospects in the small country in the caucuses are low, prompting people to leave the country look for jobs elsewhere in russia or in the u.s.. so how do you make young armenians believe in their future? give them something armenians are famous for. >> they may be only seven, but they already know how to topple a king. these second graders in armenia are learning to play chess. it is a required subject at the anton chekhov school. she says chess is great because it change your mind. it will make some clever. this boy says he likes the king best because he is the most important chess piece. this girl says she plays against her gr

thanks to joe clark and to julia coronado, chief economist for north mesh at bnp paribas for joining show. evidently an apple a day keeps a doctor away, so what could a cheeseburger pizza do for you and could a food like this come with a health warning? that's a good question. we're talking about food launching in the middle east. a new pizza from pizza hut with cheeseburgers on it. is that something that would interest you? >> that is a cheese bupizza wit cheeseburger to be honest. >> it's a bit much, but there are days -- >> hang around long enough, you see everything. why not have a pizza and a separate cheeseburger? i'm not surprising they're looking like that. i would as well if someone served that in front of me. on that note, we'll wrap up today's "worldwide exchange," jackie. just to remind you, thank you, jackie. rue put murdock or pert rupert murdoch is still testifying. jackie, it means it's time for us to say good-bye. >> that's right. it was great to join you guys today. i'm jackie deangelis in the united states. lots more coverage of the west. >> coming up, "squawk box"

and a bank like bnp paribas has done a lot of work to reduce its balance, improve its funding mix.nd then credit agricole still has a massive greek business that even if there isn't greek sovereign problems, that will be saddled with massive losses. a huge business in portugal that increased its stake. so you can -- it's a little surprising to me to see those banks moving in lock step the way that they are because there really are very major significant differences in their financial situations. >> i'm afraid we have to leave there. rather squeezed for your interview, which i apologize for. but good to have you on the show and i have just found you on twitter. i'm hoping it's the real you. and i've just put a link to david's page on my twitter page, as well. so although we didn't have much time for him today, you can follow what he's doing i'm sure, speak to him vie at means of twitter, as well. and beccy meehan is where you'll find me. a picture of me roaring with laughter at steve sedgwick's hilarious jokes will, as well. >> beccy with two cs, as always. coming up next, ikea eyes