some of the pressure on portugal.but the country will not skate austerity measures aimed at reining in its budget deficit. >> people are buying only the bare essentials, but it is going to get worse. soon, value-added tax will be at 23%, even for the most basic essentials like milk. >> in the traditional bars in their neighborhood, sara and ana teresa often hear about the good old days. there was a lot of immigration from portugal in the past, too, but many believe the situation is much worse now. many in the older generation believe accepting economic help would damage their national pride. >> i do not think portugal needs help from other countries. we can manage alone if we all work together. >> the euro is a prison. a prison. most young people have a different view, but many agree that traditions can help the country deal with the problems of the present. >> it is a way to remember the old times, and some people believe that the old times were the good ones. some people believe that remembering the old times make u

portugal is not our land. if problems do not lie with the banks, but with a noncompetitive environment and economy. the government is cutting spending. the prison staff work protesting the new austerity. they have had enough of sacrifices and what the bailout. >> do you want the european union to bailout portugal? >> why not? yes. they have money. they want to give it to us. >> there is a big question here. with the cost of borrowing so steep, and portugal continue managing its debts? >> i do not think we can grow ourselves of the problem. we will make major adjustments. whether we can do it ourselves or will need help, that as a matter of major political debate inside portugal as you can imagine. >> there is growth in the economy. it is weak. there was a further indication of the problems here today. a report on consumer demand was slowing. that is one of the reasons why it earlier austerity measures were just beginning to kick in. there are more to follow. there were cuts in january and public sector wages.

portugal will be the next country to need bailing out. the biggest concern is the crisis spreading to spain. >> portugal does not ireland. the problems do not lie with the banks but with an uncompetitive economy that sucks in imports. the government is cutting spending. today they have had enough of sacrifices and actively want a bailout. >> we want them to bailout portugal. >> why not? they have money. they want it. >> there is a big question here. >> i do not think we can grow ourselves added the problem. it to be a major disappointment whether or not we can do it on ourselves. there are debates inside portugal. >> there is growth in the economy. it is weak. right there was a further indication of problems here. one of the reasons is that earlier measures were just beginning to it again. there are more to follow including in january cut and public sector wages. >> next week, workers are planning the largest general strike in 20 years. one minister has conceded that portugal remained at high risk of needing a bailout. >> a senior adviser

some of the pressure on portugal. but the country will not skate austerity measures aimed at reining in its budget deficit. >> people are buying only the bare essentials, but it is going to get worse. soon, value-added tax will be at 23%, even for the most basic essentials like milk. >> in the traditional bars in their neighborhood, sara and ana teresa often hear about the good old days. there was a lot of immigration from portugal in the past, too, but many believe the situation is much worse now. many in the older generation believe accepting economic help would damage their national pride. >> i do not think portugal needs help from other countries. we can manage alone if we all work together. >> the euro is a prison. a prison. most young people have a different view, but many agree that traditions can help the country deal with the problems of the present. >> it is a way to remember the old times, and some people believe that the old times were the good ones. some people believe that remembering the old times make

they say our music reminds them of portugal, but not the usual image of portugal.o longer just a country with classical fado. for many years, we have been a part of modern europe. ♪ but the musicians rehearse before every performance. one of the most frequently played songs in their repertoire is the what's happening" from their new album. ♪ >> and our music is a modern fado that speaks to the different cultures and suburbs. we are giving a voice to the millions of people that live there. >> people also say that our music is like the sound track of a change in portugal. some of the milanese -- melodies are taken from traditional fado songs. the melancholy of fado also finds expression in their music. >> it is music that makes you want to cry and dance at the same time. that is why we call it dancing it is the melancholy and the energy to keep on going to get to know the world. ♪ >> oquestrada and the lead singer our regular fixtures on portuguese radio and television. now they hope to win over the rest of europe. ♪ >> fabulous stuff. tim van steenbergen is winning

president silva is commander of portugal's armed forces and will be representing portugal at the nato to continue the excellent cooperation between our militaries, especially the field in the azores which provides critical support to american and nato forces in iraq and afghanistan. i expressed my gratitude to the portuguese armed forces, who are serving alongside us in afghanist afghanistan. and here in lisbon, i look forward to working with our nato and our isaf partners as we move towards a new phase, a transition to afghan responsibility that begins in 2011, with afghan forces taking the lead for security across afghanistan by 2014. so, this summit is an important opportunity for us to align an approach to transition in afghanistan. finally, we discussed ways to expand our bilateral cooperation on the economic front. we're looking to deepen our partnership in trade and investment, in science, in technology. i am very impressed with the outstanding work that portugal has done in areas like clean energy, and we think that we can collaborate more. on the security front, portugal's up

>> portugal. if this bailout actually works because the whole point now is to stem the infection. >> brown: and? i mean, so we wait to see if it spreads to portugal. >> if it spreads to portugal then the real dangers will be spain. spain is really too big to fail here. >> brown: before we continue on with europe, let me ask about the u.s. are there complications for us here? why do we care about what's going on? >> i think two-fold. one, europe... the european union is the largest trading block in the world. the obama administration wants to double its exports. this is a major trading partner. we don't want to seem weak to europe. secondly as a by-product when europe falls the dollar gets stronger. this hits us in terms of us wanting to double our exports in the next four years. >> brown: what do you see for the implications for the united states? >> there are non-trivial exposures of the u.s. financial system itself to ireland. i mean.... >> brown: the banking system. >> the banking system. there

lisbon portugal. well joining me live to give us more details from our studio in new york is our chief financial correspondent lauren lyster and all lauren we hear a lot that the european population is war weary i guess that this was a good way to prove it how many people do you think were out there on the streets. there were thousands alone and they weren't just from portugal though a number were from the country where nato was having their summit many were international the organizers that i spoke to had come from germany there were people traveling from the u.k. from spain there were members of parliament from the u.k. that i interviewed as well as from the e.u. so there was a wide range of people that came specifically for this from internationally all over europe as well as from portugal where the summit was held now would you say that their criticisms live with nato as a whole or did they try to single out the us as a leader of the alliance. well that's something that you know in my interviews w

bbc news. >> more anger over austerity measures in portugal. a one-day strike in protest of planned cuts brought many services to a standstill. the government insists spending cuts and tax increases are vital to assure portugal does not become the third euro zone country to need a bailout, after greece and ireland. a court in virginia has convicted five some of the men of piracy, the first successful prosecution in the united states in over a century. they face a mandatory life sentence for attacking the uss nicholas when they mistook it for a merchant ship. but and the death toll in the capital of cambodia has risen. they think the stampede in montana was caused by a bridge -- the stampede in a month in -- in the capital of cambodia, phnom penh. north korea is accusing the south of driving the peninsula to the drink of war by reckless military provocations and by postponing humanitarian aid. yesterday, artillery shells from the north fell on the south korean island. there were military exercises with the u.s., and according to washington, they

the students are protesting today but in portugal is a general strike the strikes planned in spain in the next couple of weeks as well my friends were telling me while i was over there and of course we have seen sharks and even riots in places like france and the euro experiment is beginning to disintegrate i caver he is to blame for the bank but is that simply easy is that simply become a favorite game to point the fingers that the think will bank is he that the. bubble bailout crisis that we're seeing seeping across the entire european continent well there the roots of it is the fact that the banks gave out loans willy nilly and the root of it is there was lax regulation large commercial globe and that's down to the politicians isn't it and you know for example ireland you know we've been told a law at the moment in britain we've been told we have to bail out our interest we trade with them so much and also that ireland is such a close neighbor the truth is. we're bailing out the our response because we're trying to save r.b.s. the rule bank of scotland well the british taxpayers al

an austerity measures in portugal have caused anger. many services were at a standstill. the government insists that spending cuts and tax increases are vital to ensure that portugal does not become the third euro zone country to need a bailout. >> in lisbon, this is almost the only public transport running smoothly. the metro has been shut since midnight, when they joined the picket lines. train and bus services have been disrupted. the trade unions have build this as the biggest strike ever there, and it certainly had an this as- have buililled the biggest strike ever. almost every single flight has been grounded, and this normally busy terminal is almost entirely abandoned. this pair is trying to get back to brazil. >> we are very angry, but we do not know what to do. we are just standing here, waiting for our flight. it should be 1:30, maybe. >> in the morning? >> in the morning. >> the unions called their strike a cry of indignation, a protest against the toughest spending cuts in decades and a call for the government to change course, but then you turn is highly unl

what's happening right now in lisbon, portugal. the u.n. summit taking place there right now and some word we're getting from these nato leaders about how long troops, particularly american troops could be in afghanistan. we'll have a live report from lisbon straight ahead. >>> also that time, a lot of you not traveling yet but some are already starting to travel for this busy, busy holiday travel season so what are you going to go with? pat-downs or are you going to go with the full body image screener? we're going to separate fact from fiction for you out there. a lot of myth-busting that needs to be done. >>> also, a lot of people already thinking ahead to the shopping season, black friday, is less than a week away. we've got some critical shopping secrets to tell you about. but i do want to turn to liz done. president obama is at the nato summit there in portugal, holding key talks with afghan president hamid karzai, in just a half hour we'll be holding a news conference. the president news conference coming in about 30 minutes. we will

president silva is commander of portugal's armed forces and will be representing portugal at the natoummit. we pledged to continue the excellent cooperation between our militaries, especially the field in the azores which provides critical support to american and nato forces in iraq and afghanistan. i expressed my gratitude to the portuguese armed forces who are serving alongside us in afghanistan and here in lisbon i look forward to working with our nato and our isaf partners as we move toward a new phase, a transition to afghan responsibility that begins in 2011 with afghan forces taking the lead for security across afghanistan by 2014. so this summit is an important opportunity for us to align an approach to transition in afghanistan. finally, we discussed ways to expand our bilateral cooperation. on the economic front, we're looking to deepen our partnership in trade and investment, in science and technology. i am very impressed with the outstanding work that portugal has done in areas like clean energy and we think that we can collaborate more. on the security front, portugal's u

president who was speaking ahead of the meeting of the eurozone finance ministers portugal has warned it could be forced out of the eurozone at all and is also being urged to use european bailout money to prevent bankruptcy talk about the crisis there in europe with labor and from the london based investment company chevy dowsett management thanks very much indeed for joining us it all sounds rather dramatic doesn't it do you think if the euro does fail that there is a real possibility the e.u. will follow. i'm not sure about that but i think there's no doubt that the road itself as an experiment is definitely under stress at the moment i think probably the short term measures of a bailout will be the way they'll go i'm not sure i would necessarily say that the political union is on the threat of the time being ardent isn't too keen on this bailout idea as it is being pushed by other e.u. countries to accept to bone up but with this economic sovereignty at stake do you think it will actually give in i think i think they'll be forced to it's my personal view i think they'll be forced t

now if we can portugal says that it may have to leave the euro how do you think that would affect its own domestic economy. well i mean as the same case where there is portugal ireland greece or any of these other european countries they all are facing the same problem bankers have been allowed to conduct fraudulent activity look what happened in greece for example they allowed goldman sachs to come in advise them on entering into the euro goldman sachs got them to cook their books and commit fraud and now they are in dire straits so now who are they asked to help them get out of their problem while they ask representatives from goldman sachs this is a case of stockholm syndrome these countries are being held captive by financial terrorists and to get out of their problem they're asking the same financial terrorists please sir how do we escape the clutches of your terrorism you know ireland they went to war against the ira the irish republican army but they seem to just give a pass to you know sean fitzpatrick how come for sean fitzpatrick hasn't been executed by the state for financi

portugal does look like they are next in line. they have already raised their hand and said we are at possible risk. we may need a bailout. for ireland and portugal that would be 2 billion euros. that would pretty much suck up what's left in the e.u. bailout fund, but the great concern is the spanish economy next. now the spanish economy is bigger. much bigger than the irish, the portuguese combined, so there is a very big worry about that at the moment. >> very briefly on the budget. still haven't agreed on the budget. having spent the money, is that depoipping to be dealt with? >> i think at the moment the whole euro issue and debt issue is going to superseed that and overtake that, it's going to be discussed and talked about. and we're going to be discussing that in the world business report. but what we're seeing is very interesting emovements in south korea. playing catchup by raising interest rates. even though they have inflation of 4%, because they are worried about the increase of the value of the yuan. and american has b

who is in line thinking portugal is the one. they've already come out. let's look at what europe is doing. a bit of stablization and the basic funding, we don't have any of the fix problem. we are waiting for the four-year budget plan. >> we don't even have the final number. possibly going into storing up the banking situation. we haven't seen any details. even in asia, there's another story. the moves that china is making of course to try and reign in its inflation. the same problems of the euro zone have gone away. we'll have more on this in the world business report coming up. >> new zealand's prime minister said the 29 trapped minors have a chance of surviving. rescuers are sort of completing. near the pike river mine. minors have been missing for three days. a potential deadly combination of deadly gas and heat have prevented colleagues. the police officer in charge of the rescue operation says while good prodress has been made, he's realistic about the chances. >> we are planning for all options and doing everything we can do humanly possible to re

and more pressure o europe's single currency as markets ask -- will portugal be next on the bailout list? north korea has warned that joint u.s./south korean military exercises in the yellow sea planned for sunday could put the peninsula "on the brink of war." china, the north's sole major ally, also warned against any military activity, repeatingits opposition to the scheduled war games. p'yongyang has been holding its own war drills with in the south korean island it shelved earlier this week. >> south korean soldiers are on high alert, keeping a close watch on their counterparts across the border. on friday, signs of artillery fire on the northern side spread fears of a fresh attack, attackseoul said no rounds landed on territory. south korea had increased troop numbers after its military was criticized for what some called a weak response to the incident. it has also changed its rules of engagement to allow a more forceful response in future. two south korean soldiers and two civilians were killed in the attack. the president has now appointed a successor for the defense minister who

it is inevitable that portugal -- not ireland. it is inevitable that portugal will be in line. >> and some say spend and spend. you have a more dramatic approach. hold on more. >> that is what we have been reporting in talking about. attached to the end of that is a couple of hours. obama is talking to you and officials about this. they worry about debt and deficit later on. they may have introduced some tough austerity measures. we will have to see what happens. >> thanks. now talking about the nato summit, some members of the alliance are meeting to come up with a new strategic concepts to shape the way nato defense itself over the next decade. they have a strategy from -- for afghanistan to launch a transition so they can gain control in 2011. our defense correspondent has more. >> world leaders are gathering here as one of the most crucial summit in this history. more military alliance must reinvigorate itself. the of looking at how it can defend itself. there is the most pressing concern regarding a credible exit from the war

as the prime minister of portugal.n your left is the middle secretary general. -- the nato secretary general. [camera shutters click] [no audio] the prime minister of bulgaria meeting with the portuguese prime minister on your right and the secretary general of nato on your left. dignitary making their way into this nato summit. this opening session. president obama arriving about 10 minutes or so ago and already inside, as we see more folks, more of the leaders arriving. this is live coverage on c-span from lisbon, portugal. [camera shutters click] [inaudible] [camera shutters click] [inaudible] as you can see, more of the heads of state are arriving for this nato summit. opening remarks set to get underway shortly. president obama already inside. this is live coverage from lisbon, portugal. let's bring you a portion of this morning's "washington journal," talking about a policy and how to make congress more accessible. ing firm. thank you for time with us this morning. we worked with you to ask a question of the publ

russia was going for the twenty eighteen torment along with england and a joint bid from spain and portugal they are all considered to be low risk by the sports world governing body while the joint bid from holland and belgium is deemed to be media risk mainly due to a lack of government guarantees the bad stuff be marked on seventeen different criteria however he says there are concerns over russia's transport links and england's training facilities and hotel provision while security is an issue in spain and portugal in response russian big chief alexei set off him and was encouraged by features rating and stressed his country was committed to stadium construction visa free entry free ground transport and the building of temporary airport terminals the first executive committee will decide who will host the twenty eighteen twenty twenty two world cups on december second. now russia's women's volleyball team are setting their sights on gold at the olympic games in london after winning the world championships in japan at the weekend saying russia won a thrilling final against brazil on sunda

you will get all of the options, day, this is a country that s on good will. >> portugal, spain. do you think that this move to them? >> i think if we stabilize ireland, >>ators took to streets tonight, b b biggest bombs down came from the marketates government rates went up portug. the future currency looks increasingly bound up with the future of ireland. dublin. students ande u.k., tens schoolchildren have again been demonstrating against government plans for significant increasas, and 32 arrests,with the police at whitehall, the heart of government. banners.s.>>this was moment the protests demonstrators scrambled onto the middle of the road. time, the police came prepared. theyh officers s croro sese f the oro're trying totoall. in,n,n, as scufflesents brnd fireworor these were not protests the third euro zone country to need a bailout, after greece and ireland. a court in virginia has convicted five some of the men of piracy, the first successful prosecution in the united states in over a century. they face a mandatory life sentence for attacking the uss nicholas when they m

in terms of portugal, everybody has been magnificent. i admit the weather is better today than it was yesterday. everybody assures me lisbon is supposed to be beautiful this time of year. yesterday was a little sad, but i was indoors all day anyway, so it didn't matter. the people of portugal have been unbelievably kind and generous to us. i want to thank again prime minister socrates and the entire government for the excellent work that they have done. i hope that we're going to be able to return the favor next year. thank you very much. >> all right. president barack obama there wrapping up his comments there in lisbon, portugal and wrapping up this nato summit he describes as being extremely productive. he's received, quote, overwhelming support on many issues and came to agreements on a few. they have nailed down afghan security transition and also modernizing defense capability and the development of a missile defense system. you also heard the president commenting on air travel in this country as we're embarking on one of the busie

in terms of portugal, everybody has been magnificent. i admit that the weather is better today than it was yesterday. everybody assures me that lisbon is supposed to be beautiful this time of year. yesterday was a little down but i was indoors so it didn't matter. but the people of portugal have been unbelieveably kind and generous to us. i want to thank again the prime minister and the entire government for the excellent work that they've done. and i hope that we're going to be able to return the favor next year. thank you very much. [applause] >> along with our coverage of the miami book fair this weekend, watch "afterwards" tonight. comparing america's decision to attack iraq after 9/11 with japan's attack of pearl harbor. cultures of war with the national book finalist this year. >> next, it's washington journal. our guests include michael sheerer of the "new york times" and what the 12th congress can expect from its newly elected leadership. then wesley clark, the former supreme allied commander in europe talks about progress being

and we're looking at even portugal, spain. >> and this group, portugal, italy, ireland, greece, spainspain is the heavy hitter. and to give a larger impact, worldwide? >> yes, spain, ireland and first top one-third to work as the countries of greece, and portugal could be lower. >> in the bay area comparison? >> with ireland getting billed out, that is going to help out a lot of loans. not just irelands'. there could be other countries to fall. with that said, it is called a fluid. when it hits one area, it will impact. the same type of situation. in europe is going to it as right now. >> and did it affect the markets crashefit for >> it is still in-, and we cannot that meant many negatives. >> h p? >> better than expected earnings. and is looking a- ok. it is clear, to fly, so to speak. they're not going to be reducing forecasting so in this world of this economy that the answer just ok. and perhaps not a lot of layoffs. >> they experienced layoffs earlier this year? >> yes, the status quo has been going down. >> netflix! streaming only, is this the end of dvd's? >> and the market? a

a lot of economists there's an article in reuters today the sound that portugal is almost certainly going to meet bailing out and the big problem of course is spain because it's a huge country and it's not really as easy to bail out to somewhere like ireland or portugal you know this is a huge country in the structure slightly different there so we could seriously be seen a collapse of the of the euro and a lot of people would say that not before time but if you look at at our campaign the e.u. referendum campaign we've got thousands and thousands of people who have now signed up pledge said he you referendum campaign dot com you signed up pledge demand in the government give us an in out referendum on our membership of the e.u. and that is growing and so it's things like that you know anyone can go in a home and sign up and they're on facebook crew example it's things like that that people are starting to say actually we're not happy with what's going on we want change and we want to have our say we're not going to listen to the government anymore with their sort of we know better than y

were christiane i removed i was deflected shots picked up most teams most of it into the mess and portugal doubled their lead just three minutes into the second half held across the get schooled his first on the night good morning and less than twenty minutes later the former top man found himself alone front of goal to meet the train and. then substitute to go on made up to full advantage of spain's depleted defense and injury time to see deserved the win for the hosts. while while the highlights the netherlands were on the winning side announced it down as they took on turkey led by former russian coach and that the sit in the match was decided after fifty two minutes following an error in the turkish defense commission into last would only go against the edge of the area one minute finished . and in a selection one stays out the result slovakia of the same year want to find group big with russia last three two times bosnia-herzegovina they didn't just go with one group together went on for an hour meanwhile full time well thought win as it's a major one long it's romania in phone german

lisbon portugal. russia's nato envoy believes a renewal in relations between moscow and smith at least guarantee greater security on the country's western borders. now after we have lived through the conflict in south ossetia on a sharp decline in relations it turns out we might have needed such a test on the one hand these events have shown that old nato policies were provoking such an articled regimes like the socceroos really warm to bloody actions on the other hand nato did not get involved in this conflict because europeans did not support the most aggressive part of the bush administration for us nato was a big headache it used to be an enemy now an unpredictable partner the left hand of which doesn't know what the right handers doing we are tired of this we want more stability and security on our western borders and in the long run maybe even certainty that there will be no trouble to toll i think the americans have finally heard of this american anti war campaign is believe the us is trying to

dollars over playing as they asked for money exchanged for world cup votes the twenty eighteen spain portugal and twenty twenty one cleared of collusion the ballots will proceed on december the second with twenty two voters instead of twenty four nine candidates across the two that. it's important for the future i mean it's it shows that within fifty we have a structure that you see committee which was appointed since day one to monitor all the big process in this excrete years not only money told but make sure they have made decisions sure that again i mean we give us all the tools i would say to ensure that what we're doing though in the big it is today when you think about the people who would be coming on december twenty. two or to attend this announcement to make sure that no one would be able to. i would say to challenge the way we run these eighteen month process. now russia's women's volleyball team a setting their sights on gold at the olympic games in london after winning the world championships in japan at the weekend team russia won a strolling final against brazil on sunday to cl

help russia's help i should say to move forward he was speaking ahead of the alliances summit in portugal where world leaders are expected to unveil a new strategy for the alliance the new the turke tells our t.v. that teaming up with moscow is an important step in achieving that. has to change nato in a search for a mission for a long time after the ending of cold war did to me the question was for me it was necessary at all but the mission was never completely defined and i think that it cannot be considered to be different with a true partnership with russia we don't have a cold war in the war and we have to figure out what to do snooped partnership means and i think that in this book in the coming days we should come closer to that definition. now to find out what else the slovenian president has to say about nato as well as the e.u. you can find his interview here in r.t. in twenty minutes also ahead take it to the moon four decades ago the soviet union guy did change orbit rules for a lunar surface revolution in space. and we look at how russian gas giant gazprom is making sure it s

portugal is reaching soaring debt premiums. they fear portugal could be the next greece and require a bailout. investors are demanding a 7% from bonds. compare that with 2.4% for german bonds. german exports continue to grow, defying analysts who expected a slowdown. exports soared 3% in september over the previous month to nearly 87 billion euros. that is twice as much as anticipated. exports to markets outside the u.s. accounted for more than one-third of all foreign shipments. exports are expected to rise 16% this year to nearly a million -- to nearly 940 billion euros. still producers expect 44 million tons of raw steel to be smelted in germany. that is 35% more than in 2009. german producers are profiting from strong growth in the domestic economy, especially the automobile and metal and engineering sectors. back to you. >> thanks. bombings in iraq have left 30 dead and dozens wounded. it occurred in basra. twin bombings struck to cities. attacks came as talks to end a potical deadlock open. the former prime minister who n

sport gal and spain on one side and portugal -- on the other. we didn't find sufficient grounds to reach a conclusion that there was any collusion. and therefore, we didn't move forward on that case. obviously it's harder to prove collusion, even though doubts may always arides in terms of objectivity. however, we as the ethics committee, we are bound by our standards and by facts we can establish. and if we can't establish anything, it's clear no offense has actually been committed. those were the decisions taken. i would like to end with a personal comment. we didn't impose sanctions. against one party. and here i am referring to the sunday times. i'm not talking about the fact that they filmed certain footage. that is always debatable. people can agree and disagee. we don't have the mandate to judge on that. what i saw and cannot tolerate is the fact that they changed sentences. they changed the way they presented the truth. i have too much respect for the fact of for the job of journalists. your job is too important to be taken lightly. you

summit in portugal.a look at his work and what it means for american troops in afghanistan. coming up next. stay with us. wi the capital one venture card we get double miles on everyurchase. so we earned a holiday trip to the big apple twice as fast! dinner! [ garth ] we get double miles every time we use our card. and since double miles add up fast, we can bring the who gang! it's hard to beat double miles! i want a maze, a ord, a... oww! [ male announcer ] get the venture card from capital one and earn double miles on every purchase, every day. go to capitalone.com. i wonder what it coulbe?! what's in your wallet? you need to do the preventative things that you need to do for your heart health. for me, it means an aspirin regimen. before you begin an aspirin regimen. speo your dtor. to stay fit, you might also want before you begin an aspirin regimen. to try lifting one of these. a unique sea salt added to over 40 campbell's condensed soups. helps us reduce sodium, but not flavor. so do a few lifts. ca

. >>> right now president obama is in portugal. he arrived just a few minutes ago. he's there for a sumt with nato allies. aaron gilchrist is live in the newsroom with delays on this meeting. >>reporter: joe, that video came in just a few momenting ago. he's making his way from the airport in lisbon, portugal to begin some meetings today. he will start at 7:30. you can see just out of video this is a live picture. the president's motorcade left just few seconds ago. here are live im mablgs of air force one on the tarmac in lisb lisbon, port goal. he will be meeting with other nato members today. top of theend, afghantan. they're expected to discuss a target of 2014 for handing over security to the afghans. obama ministration shied away from giving the impression that more goals will be met by then. also on the plate, discussions with the european union and trying to solidify an agreement to build a missile defense shield in europe despite objections from russia. the other goal for the president, perceion. it comes after his trip to asia. ten-day stretch a week or so

next could be portugal. the portugal finance minister said the numbers don't stack up there.ssible bail-out potential there, which would mean the huge things for the european union and the rest of the world. back with the panel. steve? >> if you look at the comments we had from the leaders in ireland over the past several weeks denying that it would ever come, i think it gives you some sense of how desperate they have become. now we know there will be an election. if you look forward, the key question as you suggest is spain. what would happen if spain can't meet the obligation? >> bret: is it too big to fail? >> too big to fail or too big to save is the other question. where do they come up with resources to save spain? what implications would that have? talk about the contagion. this is fear. ireland is in the neighborhood of 100 billion euros. >> bret: more than that. >> spain is talking about, the estimate more than 500 billion euros. that is the money that could lead to ruin of the european economy and global implications than we could imagine. >> bret: a.b.? >> it is in

portugal also up on their seven-year bonds. and spain around 4 1/2%. again, they are very nervous and investors can panic quickly. so everyone is watching what is happening out of brussels. >> and in india media are reporting an official inquiry into an india plane crash concluded the pilot was to blame. although the report hasn't been released publicly it said the pilot slept through more than half the flight and woke up disoriented when it was set to wake up and the data box caught the sound of heavy snoring in the cockpit. in his first televised address -- the -- defended many controversial -- >> the trial of a well known chinese artist has begun in beijing. after a four-hour session the court did not issue a verdict, and the trial has been delayed until further notice. he has been accused of attacking a police officer after he took his mobile phone away in a police station. well, it's the day after that big and much-anticipated announcement. speculation rife as to when prince william and his fiance kate middleton will be walking down the aisle. exa

i arrived in portugal the day after she went missing. to me, her parents now seem as shell-shocked and devastated as they did in the early days. they say madeleine's twin brother and sister talk about how when madeleine comes home they will spend time together. without the two little ones, the parents say life would have been unbearable. >> all right. kier simmons in london. thank you. >>> up next, neck and neck. zenyatta's exciting photo finish that ended her nearly perfect career. that's right after this. that's . [ monkey screeches ] ♪ [ male announcer ] a bath becomes even more pleasurable when you know that your water is being heated in an environmentally conscious way, while saving you hundreds of dollars on your water heating energy bill. introducing the geospring water heater from ge with advanced hybrid technology. heating the water in your home any other way is just going to seem primitive. ♪ is just going to seem primitive. [scraping] [piano keys banging] [scraping] [horns honking] with deposits in your engine, it can feel lik

president ahead of the euro zone's finance ministers meeting portugal has warned it could be forced to ditch the euro and on it has also been urged to use bailout funds to prevent bankruptcy. from a london based investment company told me earlier that small e.u. states may have little turnitin but to take the money i don't really in it in a position of of much choice because clearly it's a sort of rock and a hard place scenario and the short term expediency of bail out so it's better than the. bondholders or i immediate reactions of the situation but just you know you what you want to keep an eye on the fact that one country after another appears to be on a slow roast in terms of news flown in terms of word the way the markets looking at this but my guess would be it's likely to be a short term situation for island because i believe that they will be forced to take bailout money and that will put them back probably bar in portugal in terms of the country being looked at most most closely well financial analyst max kaiser says even worse than taking bailout money from europe would be to

countries like greece, ireland, portugal, are dominating countries. i am quite sure that we have to learn from the financial crisis that some countries have to do their homework. i am quite optimistic that it will happen and then there will be no danger for the euro. >> angela merkel said that private investors should share the burden of rescuing struggling economies. do you see that as her trying to score political points, or is it realistic policy? >> it has to be realistic policy, otherwise we give wrong signals to the economy, and especially in the insurance companies, and the banks. the banks have to learn that they cannot get a free lunch in interest rates. on the other hand, they have to take the risk of all of these papers. they have to be, in the future, on the part of the participants , aware of the difficulties. it cannot just be the taxpayer. mrs. merkel is it in exactly the right position. other countries have another view. >> he spoke to us earlier from munich. stocks managed to lock in another day of gains in thursday trading. our corre

a live picture of air force one which touched down in lisbon, portugal. president is in the plane at the moment. he is there for a nato summit. he will behere at least a couple days. we will bring you the latest on his trip to europe on news 4 at 6:00 a.m. >>> a major traffic alert to tell you about this morning. you may want to avoid the outer loop of the beltway in alexandria because of work-related to the wilson bridge project. the far right lane will be osed between eisenhower and east of telegraph road beginning tonight. that will cut off access to the north kings highway, huntington avenue and telegraph road exits. >>> putting down your cell phone while behind the wheel. aaa wants 100 companies to sign a new orange cone safety pledge, according to a aaa survey half of drivers who u cell phones are making work-related calls even in construction zones. if they get word from their boss, they're more liky to change their behavior. >> i think if our executives are saying this is the right thing to do, then our employees will feel the same way and hopeful

lisbon portugal. so what can we expect from this year's today so much more earlier i caught up with archie producer lucy caffein of who is in lisbon right now to give us a preview i first mention the fact that nato secretary general anders fogh rasmussen is comment that this is one of the most important summits in nato history so i asked her if that feeling was obvious over there in lisbon. but i was walking past some other reporters doing their live shows here and there talking about the excitement that's palatable and the energy that you can almost feel in the in the room and you know it's a pretty pretty empty place behind me i don't know if you can see that there i mean if if the gauge of how exciting and important an event is at all seeing through the local reaction to it i have to say that a lot of the folks that i've talked to on the street here in lisbon don't even know that this is taking place or what the nato summit is of course they are paying attention to another very important internatio

afghan strategy and closer ties with russia well these are the key issues at the alliance a summit in portugal which comes as it faces an identity crisis. party investigates the potentially catastrophic danger lurking under the concrete bunker covering the site of the chernobyl nuclear disaster the aging structure protection area is nearing the end of its life. and of russia's petty criminals and first time offenders may soon see jail time swapped for prions and community service it's part of the country's ongoing reforms to ease the strain on prisons. as the nato summit kicks off in lisbon we talked to us most and about russia's role in the alliances future that's in spotlight coming up next. for the full story we've gone to. the biggest issues get a human voice face to face with the news makers. hello again and welcome to thoughts like the interview show on r.t. i'm going out and today we're talking about the nato summit in lisbon the nato secretary general anders fogh rasmussen says this summit should be a breakthrough in the alliance this starts with moscow on on time with sound effects th