thank you very much for your time sir patrick young of p.v. advisors and speaking of the currency wars we just saw an example of how it actually works on the equity markets a sharp drop of the japanese yen in the previous trading session brought pretty have to gains on the nikkei on wednesday if in fact in the day at the highest level in about four years over in the states where the trade is active this hour the indices are pretty much flat apple is rallying on better than expected earnings but other stocks are struggling to find their direction. to europe shares ended their trading session in the mix zone and london the footsie close to ten percent above the line thanks to be totally reports more than half of the european companies in fact this quarter managed to beat analysts expectations germany's dax lost more than one percent here in russia the indices ended the trading day in the red down by roughly the same less than three quarters of a percent each in on russia managed to block the downward trend it was up three percent for the day and

strongly reject the austerity policies of mario monti's government no doubt investment advisor patrick young has some thoughts on this let's now cross five to him patrick what happens to the euro's out if the parties can't find a way out of the deadlock and uncertainty remains of course if there is another election oh absolutely well look the your real crisis is the elephant in the room that nobody was talking about so far this year is back on its back big time because ultimately fifty seven percent of the tell you just don't like the idea of a sturdy and they don't really want to do the sorts of things that the european union will supposed upon them that's causing us a huge problem because ultimately you've got incredible new parties like betty greeley all certified storm movement you've got an incredible we have to support that came back from mr. berlusconi a former prime minister and so billy missions and of course not i please in the worst possible political limbo there is no clear ike right winger there's no clear government it's going to take weeks on end and ultimately markets despise

practicing for years with great success this cost us in details let's cross over to our guest patrick young of p.d. advisors so mr young do you think that all laws initiative is actually a good idea. oh this is another example of the utter economic incompetence and indeed dyslexia of president along he's possibly already the worst french president in history which is quite an achievement as he certainly had very competitive such as his previous answer when it comes to economic policy it's a tragedy that france is supposed to be got a system called the ground they call the grit hughes suv where the grits and the good are educated mr holland is a graduate of one of these schools yet he comes without actually managing to understand economics one hundred one what might be seen here you don't think that what he's proposing is a bible idea but what are the chances of him actually some support for this oh i think it's a pretty shitty to muster support is very low i mean once again what mr hollande is trying to do is become the sort of leader of the. mediterranean refusenik wing of the. in union a

later corrected himself claimed he was making a joke but executive director of the viewed by users patrick young is a lot. the problem is the french government is the biggest economic actor in france it spans the equivalent of fifty six point five percent of all of the economic activity the only other countries that spend more apart from sweden and the european union are places like north korea and we all know those are not the world's most prosperous nations there is absolutely no question the french need incredible radical economic reform it was not present on the the sarkozy administration and frankly the feckless and incompetence of mr hall on the president has resulted in the situation we have now i must of poor things of cash these two three billion euros that's the equivalent of about two percent of the entire economy left the country just during october and november last year let's face it the last time the french government balance their books was in the middle of the nineteen seventies france is in an appalling crisis and barely half the country are paying income tax you've got a situa

parties can't find a way out of the deadlock will have to be another election investment visor patrick young told us italian uncertainty could prove fatal for the eurozone. the your crisis that elephant in the room that nobody was talking about so far this year is back and it's back big time because ultimately fifty seven percent of italians don't like the idea of a sturdy and they don't really want to do the sorts of things that the european union wants and posed upon them that's causing us a huge problem because ultimately you've got incredible new parties like betty greeley or surf ice storm movement you've got an incredible wave of support that came back from mr berlusconi a former prime minister and so billy nations and of course not i it plays in the worst possible political limbo there's no clear ike right winner there's no clear government it's going to weeks on end and ultimately markets despite the idea of uncertainty and what they're looking out at the moment is an awful uncertainty because they simply don't know whether it really is going to be a reliable member of the euro zone

advisors patrick young doesn't see the funny side. the problem is the french government is the biggest economic october in france it stands the equivalent of fifty six point five percent of all of the economic activity the only other countries that spent more apart from sweden and the european union are places like north korea and we all know those are not the world's most prosperous nations there is absolutely no question the french need incredible radical economic reform it was not present on the sarkozy administration and frankly the feckless and incompetence of mr hall on the president has resulted in the situation we have now i must of pouring sort of cash these two three billion euros that's the equivalent of about two percent of the entire economy left the country just during october and november last year let's face it the last time the french government balance their books was in the middle of the nineteenth seventy's france is in a not fall in prices barely half the country are paying income tax you've got a situation where

the best performing both the gating nearly ten percent and with this in mind i'm joined now by patrick young author of the gathering storm hell a tea party thank you very much indeed for joining me this evening i was just talking about christine lagarde just listening to what she had to say at the g. twenty meeting now what is going on here is she trying to convince herself the markets tell me does this war exist or will making up well really what christine legarde is trying to do is simply hold together an incredibly fractious coalition the group of twenty whose economies are in different positions and going in different ways mrs le garde to diploma she's a very skilled diplomat she was an excellent french finance minister she knows that behind the scenes there are a lot of arguments going on strictly speaking is there a currency war will not yet but at the same time what we clearly do have is all manner of currency which is causing problems for some of the major currency blocks particularly amusingly enough the euro which is still with us if we look at what's happened with the yen and the

lp set up in nine hundred ninety six after school stabbing founded patrick regan has been helping young people tackle gun culture and violence a member a kid coming up to me when a bullet proof vest underneath his school uniform he said i'll be dead by thursday according to patrick it's early intervention which is key in prison is forty thousand pounds a year a young person's secure unit is one hundred sixty five thousand pounds a year a murder can be a million pounds a year to investigate. so actually you know if we intervene earlier keep kids in education keep that sense of a safe place an environment where they can grow and flourish the problem of violence in schools is not so new ones but it's not something you're likely to read about in a school prospectus and it's particularly acute in the country's deprived in a city called schools on the whole do not want the public to know that they have a problem with children bringing weapons onto the premises so they do not readily give the information so i guess the problem is significant all they teach is can now search people's if they su

with us charity x l p thirty nine hundred ninety six after school stabbing founded patrick regan has been helping young people tackle gun culture and violence a member could come. to me when a bulletproof vest underneath a school uniform he said i'll be dead by thursday according to patrick it's early intervention which is key prison is forty thousand pounds a year young person's secure unit is one hundred sixty five thousand pounds a year a murder can be a million pounds a year to investigate so actually you know if we intervene earlier keep kids in education keep that sense of a safe place an environment where they can grow and flourish then it's far better and that doesn't take into consideration the emotional course you know i have to deal with people who've lost their sons and their daughters the gun and knife crime . so we have to address. the problem of violence in schools is not a new one but it's not something you're likely to read about in a school prospectus and it's particularly acute in the countries deprived in a city for schools on the whole do not want the public to know that they have

the charity x l p set up in nine hundred ninety six after school stabbing founded patrick weekend has been helping young people tackle gun culture and violence a member a kid coming up to me when a bullet proof vest underneath his school uniform he said i'll be dead by thursday according to patrick it's early intervention which is key prison is forty thousand pounds a year a young person's secure unit is one hundred sixty five thousand pounds a year a murder can be a million pounds a year to investigate. so actually you know if we keep kids in education keep that sense of a safe place an environment where they can grow and flourish the problem of violence in schools is nothing new was it it's not something you're likely to read about in a school prospectus and it's particularly a keats in the country's deprived in a city called schools on the whole do not want the public to know that they have a problem with children bringing weapons into the premises so they do not readily give the information so i guess the problem is significant well they teach it can now say people as if they suspect that carrying a

patrick getting attention even from the daughters of some of the other drivers. >> reporter: yeah. she sure is. the drivers, carl edwards, jimmie johnson, gordon, all three have youngrs and all three said, dad, we have to meet danica patrick. sunday when she won the pole for the daytona 500, jeff gordon brought over his 5-year-old daughter. she snapped a picture. such a cute picture. yesterday during patrick's press conference she spoke about carl edwards' daughter and how bad she wanted to meet danica. win or lose, danica matters to the sport. she matters to a growing fan base. >> that's pretty -- three pretty big drivers that have little girls that wanted to meet me. that's very flattering. carl was saying it's good that she sees me in like real life and in person and -- like in this situation. he's like because to her you're like some mythical creature that doesn't exist. >> i've handed out more lugnuts to little girls at those little windows in the garage area than i have since i have been here. it's pretty amazing to see the little kids and the girls especially. >> reporter: it's not just a man's job anymore. christmas abbott, you got to love the first name. s

we had a company where a young man named patrick works at a company where they make wristbands for festivals or events or even as the parks. events or even as the parks.

patrick's day parade committee at several parades. the plumbers union sponsors the contest. 85 youngis year. that is the news for this sunday night... in-state replastant the kmart presidents day sale! all tvs on sale like this 32" led just $198 buy online and pick up in store with no shipping fee. don't miss out! at kmart! [ female announcer ] switch to swiffer 360 duster extender and you'll dump your old duster. but don't worry, he'll find someone else. ♪ who's that lady? ♪ ♪ who's that lady? ♪ ♪ sexy lady ♪ ♪ who's that lady? ♪ [ female announcer ] swiffer 360 duster extender cleans high and low, with thick all around fibers that attract and lock up to two times more dust than a feather duster. swiffer gives cleaning a whole new meaning. and now swiffer dusters refills are available with the fresh scent of gain.

young people tackle gun culture and violence a member could come. up to me when a bulletproof vest underneath his school uniform he said i'll be dead by thursday according to patrick it's early intervention which is key prison is forty thousand pounds a year a young person's secure unit is one hundred sixty five thousand pounds a year a murder can be a million pounds a year to investigate so actually you know if we intervene earlier keep kids in education keep that sense of a safe place an environment where they can grow and flourish then it is far better and that doesn't take into consideration the emotional course you know i have to deal with people who've lost their sons and their daughters to gun and knife crime and you can't so we have to address it earlier the problem of violence in schools is not a new one but it's not something you're likely to read about in a school prospectus and it's particularly acute in the countries deprived in a city for schools on the whole do not want the public to know that they have a problem with children bringing weapons onto the premises so they do not readily give the information so i guess the problem is significant or they

young child is. >>> no charges will be filed against the son of virginia congressman jim more ran. patrickegedly -- moran. patrick moran was allegedly caught on video committing voter fraud. he was working for his father campaign says but stepped down after these allegation -- father's campaign, but stepped down after these allegations surfaced. >>> geraldo rivera says he's thinking about a 2016 run to represent his homestate of new jersey. he says he's got to do it all and the time is now. he's 60 years old. >>> more blitz and glitz after the break. >> plus we'll talk about the controversy surrounding coca- cola's new super bowl ad. >>> critics of that new coca- cola super bowl ad are backing down a bit after the soft drinkmaker explained its side of the story. first look at the ad. ♪[ music ] >> the american arab anti- discrimination community and muslim institute for interfaith studies claimed at first the commercial was racist. they said why does every ad have to be a sheikh, terrorist or maybe a belly dancer? the coca-cola spokesperson says the arab character portrays a movie star who