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Jan 13, 2012
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portugal's first team was born here. the -- first king was born here.he walls behind him are over 1000 years old. >> everyday here is special. is different in a way. there is magic hidden in the big stone blocks of the medieval fortress behind us, as well as the massive granite rock is built upon. >> guimaraes is also known as portugals cradle city, and that is what some many tourists come for, but usually only for a day or two. despite the dominant historical significance of this town, artists are set on establishing a modern center for creativity. they want to keep travelers here longer with something new and unusual. the director of two marco barbosa is working on the european cultural -- european is an invitation to the city, the region, and the country to become more active in the field of culture. it can help improve how we interact with culture. >> guimaraes's historic center has been described as a unesco world heritage site for over a decade. he lives here, too. on the way home, he points out his favorite site in the old town. it is a small res
portugal's first team was born here. the -- first king was born here.he walls behind him are over 1000 years old. >> everyday here is special. is different in a way. there is magic hidden in the big stone blocks of the medieval fortress behind us, as well as the massive granite rock is built upon. >> guimaraes is also known as portugals cradle city, and that is what some many tourists come for, but usually only for a day or two. despite the dominant historical significance of this...
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Jan 31, 2012
01/12
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portugal is still a mess. >> where are you on portugal? we probably should have been talking about portugal weeks ago. >> almost 21%. >> the spread between german boons is about 17% now and it keeps going to new record highs every day and part of that is it has been removed from some indices since it got put on junk status. they do have similar debt and deficit dynamics to greece. they do have a few positives. the parliament has been positive. they don't have a lot of intercountry fighting on that one. they have cut public sector wages. they have taken some about big reform steps. so that's good but that's about it on my positive list. >> but portugal was on -- the firewall -- the firewall didn't come until after portugal. portugal is small enough. it was spain and italy and france was where. port fwugal we've been writing . >> we've been writing off greece, too. look how much we talk about it. >> and greece is written off. >> you are not worried about greece. >> what will -- >> it is a union different than if they just default. >> that's
portugal is still a mess. >> where are you on portugal? we probably should have been talking about portugal weeks ago. >> almost 21%. >> the spread between german boons is about 17% now and it keeps going to new record highs every day and part of that is it has been removed from some indices since it got put on junk status. they do have similar debt and deficit dynamics to greece. they do have a few positives. the parliament has been positive. they don't have a lot of...
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Jan 31, 2012
01/12
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the latest imf forecast for spain, italy, portugal. these countries will contract more than was in the original budget plan, which means their budget situation will get worse not better. >> oh, it is. it's that imbalance between these very high interest rates on the debt and, therefore, your interest burden is growing and your economy is not. the economy is the way to pay that interest burden. i think you have it right, ross. there's this imbalance out there that will persist over time and we try to keep on catching up all the time but we're getting into this crisis fatigue in the marketplace and that's why i think an investor looking at this says, heck, the euro is going to weaken. interest rates in europe are going up. i want to be some place else. i'll be in emerging markets. i'll be in the u.s. equity market. i just want to avoid europe right now because of the fatigue in terms of crisis. >> john, hi, this is christine here in asia. we've heard the imf say they are resilient. how resilient is the u.s. economy to what's happening ov
the latest imf forecast for spain, italy, portugal. these countries will contract more than was in the original budget plan, which means their budget situation will get worse not better. >> oh, it is. it's that imbalance between these very high interest rates on the debt and, therefore, your interest burden is growing and your economy is not. the economy is the way to pay that interest burden. i think you have it right, ross. there's this imbalance out there that will persist over time...
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Jan 14, 2012
01/12
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france, portugal, spain had a there is downgraded by two notches. portugal is now categorized in the junk status, which means it is as bad as greece. those that have lent to portugal now face of defaults and serious losses. france has been downgraded by one notch and a number of other countries, nine in total. what i found really extraordinary is that this affected all of the members of the eurozone. only one has a stable outlook. some will say that this is simply a statement of the obvious, that they have a financial crisis. it might exacerbate that crisis because it might make it harder for some of these countries, in particular portugal. i think one has to be worried about the fact that the economy is contracting so far. the other thing about today, friday the 13th is the talks between greece's creditors and the greek government broke down. that raises the risk of a default by greece. many people have probably said to you, we expected this default. actually, as and when it comes, it will do significant damage because the eurozone has still not pu
france, portugal, spain had a there is downgraded by two notches. portugal is now categorized in the junk status, which means it is as bad as greece. those that have lent to portugal now face of defaults and serious losses. france has been downgraded by one notch and a number of other countries, nine in total. what i found really extraordinary is that this affected all of the members of the eurozone. only one has a stable outlook. some will say that this is simply a statement of the obvious,...
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Jan 30, 2012
01/12
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what's your read now how portugal yields are priced?> the problem with portuguese yields is that the market trading is extremely thin so buying or selling moves the markets massively so they're not great indicator actually of where the risks are. the risks are high because, as you know, the program provides through 2013 and it's unclear whether that will be sufficient. >> the markets worry we may see haircuts on debt similar to greece and the whole way through last week in davos we heard from germany saying greece is a unique situation. it's one off. do you think we will see haircuts on portuguese debts? >> this is a very difficult question at this stage. there is an important difference between greece and portugal. in portugal when the program was initiated in june last year. both signed the program so the program implementation which was really bad in greece may be better in portugal and if they do implement what they committed to, even if they deliver -- they don't want to meet the targets but if they implement we may see more coming
what's your read now how portugal yields are priced?> the problem with portuguese yields is that the market trading is extremely thin so buying or selling moves the markets massively so they're not great indicator actually of where the risks are. the risks are high because, as you know, the program provides through 2013 and it's unclear whether that will be sufficient. >> the markets worry we may see haircuts on debt similar to greece and the whole way through last week in davos we...
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Jan 30, 2012
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i know, portugal is not large. i understand that. but neither was greece. >> good point. >> here's david cameron arriving in brussels, prime minister of the u.k. there is a disagreement about whether this disagreement now over greece is where the hard work actually gets done or whether this is the inevitable collapse and we turn to infighting. >> i think i keep come being back to last week we were talking about earnings. this is not a market where we came in at 4:30 this morning and everything was bad and we stay bad. we refolks on the perhaps there's upgrades coming. that is the theme of this year. >> in order for the market to proceed higher under this scenario, bifurcation, do we need the financials to continue its move? >> they mark time is good. we've had a gigantic run. last year we had too big a run and we got completely pancaked. i would love to see us cool off here. this has been an animal spirits rally that does not factor in any europe. i think some europe should be factored in but not like last year where i care about por
i know, portugal is not large. i understand that. but neither was greece. >> good point. >> here's david cameron arriving in brussels, prime minister of the u.k. there is a disagreement about whether this disagreement now over greece is where the hard work actually gets done or whether this is the inevitable collapse and we turn to infighting. >> i think i keep come being back to last week we were talking about earnings. this is not a market where we came in at 4:30 this...
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Jan 13, 2012
01/12
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holding crisis talks and reports that austria could lose their aaa rating and italy, spain, and portugal could see their ratings drop by at least two for whichs. and, by the way, it could boomerang back to us and we could go down a notch as banks continue to face incredible pressures. j.p. is seeing profits plummet 23 percent last quarter and europe's problems being blamed and a lot of banks here exposed big time to what is going on over there including bank of america now warning things are getting so tough it is ready to retreat from u.s. markets. if the president is banking on a strong u.s. economy to win for more years economic forecaster says it is not looking too good. and to harry's credit, he did say a lot of this stuff would fall this year. harry it is coming into play here. what do you making of this? >>guest: well, i agree, europe, we have said this, young debt crisis will come back and keep coming back, temporary band-aids will not work. the bond markets pulled the plugs and germany is saying you have to have austerity for us to support you with bailouten like what the united
holding crisis talks and reports that austria could lose their aaa rating and italy, spain, and portugal could see their ratings drop by at least two for whichs. and, by the way, it could boomerang back to us and we could go down a notch as banks continue to face incredible pressures. j.p. is seeing profits plummet 23 percent last quarter and europe's problems being blamed and a lot of banks here exposed big time to what is going on over there including bank of america now warning things are...
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Jan 30, 2012
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at the same time, concerns are rising that portugal will face similar problems as greece. belgium could sell easily 5-year and 10-year bonds at a lower interest-rate and slowly confidence is coming back. >> in frankfurt, we will have a closer look at monday's numbers. the dax fares 1% lower. the dow jones industrial fell by one 1.25%. across the atlantic on wall street, the dow has rebounded, and still not in positive territory, but looking much better. 0.5%. vero trading at the value of $1.25. the french government's has half -- has half its economic growth forecast -- halved its economic growth forecast. the revision means -- the announcement one day after president nicolas sarkozy announced plan to implement a controversial transactions tax. french debt was recently downgraded from aaa to aa +. italy held a successful bond auction on monday that brought a sigh of relief to rome. that just at over 6% of the lowest level since october. the option was seen as a key test of market confidence. this after italy's credit rating was slashed by two notches. >> let's go back. we
at the same time, concerns are rising that portugal will face similar problems as greece. belgium could sell easily 5-year and 10-year bonds at a lower interest-rate and slowly confidence is coming back. >> in frankfurt, we will have a closer look at monday's numbers. the dax fares 1% lower. the dow jones industrial fell by one 1.25%. across the atlantic on wall street, the dow has rebounded, and still not in positive territory, but looking much better. 0.5%. vero trading at the value of...
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Jan 4, 2012
01/12
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many believe the lights a portugal and spain and italy, are already in a recession. that does not bode well. we are also expecting inflation numbers. three%. the target is 2%. it is above that target. we are expecting it to drop slightly. still higher than the target. typically when you have higher inflation the role of the bank is to start raising interest rates to bring that inflation number down. everything we are starting to hear, the suggestions from the central bank, they will to the reverse and start cutting interest rates. on top of that, germany and portugal, and my blowing you away? they're going to the bond auction. a big test for germany because they want to raise 5 billion euros. for the 10-year bonds, remember in november, they did not receive enough when they held a similar auction. enough bids to raise the money they wanted. that highlighted the worry that the eurozone crisis was hitting the strongest economy in europe. all eyes are on that. i will bring that to you. >> did you take a breath? [laughter] thank you very much. france and paris are famous
many believe the lights a portugal and spain and italy, are already in a recession. that does not bode well. we are also expecting inflation numbers. three%. the target is 2%. it is above that target. we are expecting it to drop slightly. still higher than the target. typically when you have higher inflation the role of the bank is to start raising interest rates to bring that inflation number down. everything we are starting to hear, the suggestions from the central bank, they will to the...
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Jan 30, 2012
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in this world, the bears who have been so absent this year now have a cause celeb and it's portugal. yep, the bears can use that as a wedge to stop this bull market in its tracks or at least they think they do and they certainly try in the morning. what may fall down the 2011 rabbit hole? i think it's likely we do very little. i read the s&p oscillator, get it delivered every weekend, it was a plus 7, has been almost the entire year, and that's plagued us, because it says, look, the market has overbought, moved up too much, too quickly. nonetheless, aerospace where boeing is in full production. the autos, existing car population over 12 years old. housing stock is depleted and new homes aren't being built with alack writty, and unusable, dangerous, without services and as we saw in cleveland, subject to being demolished. under this scenario, what i see is an uneasy balance that can be tipped mainly by europe. witness honeywell ceo dave cody saying all bets are off if europe goes into severe recession. or positively impacted by chinese rate cuts and a continuation of the strengthening
in this world, the bears who have been so absent this year now have a cause celeb and it's portugal. yep, the bears can use that as a wedge to stop this bull market in its tracks or at least they think they do and they certainly try in the morning. what may fall down the 2011 rabbit hole? i think it's likely we do very little. i read the s&p oscillator, get it delivered every weekend, it was a plus 7, has been almost the entire year, and that's plagued us, because it says, look, the market...
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. >> the country people want to watch, of course, is portugal. that combined with the fiscal path is likely to be discussed. >> european leaders are making progress. they feel step-by-step they are moving forward. there is less of a sense of immediate crisis of doom and gloom that accompanied the last crisis here. you mentioned portugal. there is also ireland to worry about. spain as well. the big problem is this. the model european unions hoped would work a couple years ago when the greek crisis reared its head would be coupled with the cutbacks they believed as we emerged from the 2007-2008 recession, they believed that would get us out of trouble. that growth is not coming back. so the question is, how to square the circle. the economies look as if they are drifting back to recession. >> thank you very much from brussels. >> a police station in the nige ran city of kano triggering a 20-minute gun battle with police. the number of casualties is unclear. >> a chemical, used to make car batteries, has been leaked into the ugan river. >> in the u.
. >> the country people want to watch, of course, is portugal. that combined with the fiscal path is likely to be discussed. >> european leaders are making progress. they feel step-by-step they are moving forward. there is less of a sense of immediate crisis of doom and gloom that accompanied the last crisis here. you mentioned portugal. there is also ireland to worry about. spain as well. the big problem is this. the model european unions hoped would work a couple years ago when...
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Jan 31, 2012
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a la portugal right now or italy and spain. on the plus side, the european central bank has begun to undo the foolhardy approach of the previous regime, creating a lifeline to banks that has allowed some progress to be made. enough progress to make even a company like caterpillar believe that europe's economy can turn the corner in the not-too-distant future. and those guys are very realistic out there in peoria. how about the united states? we're enjoying a nascent growth spurt in oil and gas drilling and a remarkable turn in nonresidential construction, witness abb trying to buy thompson betts today. thompson betts, that is a total nonresidential construction deal. after last week's positive earnings news, including commentary from eaton, which we heard sandy cutler on the show, caterpillar, cooper, unbelievable. and honeywell. there can't be much doubt this resurgence is for real. we still need more job growth in order to turn around the resistance to housing. but that can happen. in fact, tr horton says it's already happeni
a la portugal right now or italy and spain. on the plus side, the european central bank has begun to undo the foolhardy approach of the previous regime, creating a lifeline to banks that has allowed some progress to be made. enough progress to make even a company like caterpillar believe that europe's economy can turn the corner in the not-too-distant future. and those guys are very realistic out there in peoria. how about the united states? we're enjoying a nascent growth spurt in oil and gas...
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Jan 27, 2012
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traders said portugal could be the next greece, a candidate for default. see that in the prices being garnered for their bonds but a portuguese bonds fell so far the deal is reached record highs, highs measured since the introduction of the euro. people here but worries like that on the back burner. they were so glad that the united states that the central bank guaranteeing record low interest rates until 2014. some of that money will flow into equities, people here hope. >> let's get a closer look at the markets. we will check on that rally in frankfurt. the blue-chip dax closed higher on the day, nearly two percentage points higher. similar gains for the euro stoxx 50. trading still under way for the dow jones industrial average. it has reversed some earlier gains. currently about 0.3% lower. the euro is little changed against the dollar, $1.3102. iran is stepping up pressure on europe following the eu agreement to sanction to iran by banning oil supplies as of july 1. on sunday, the iranian parliament is scheduled to debate the possibility of cutting of
traders said portugal could be the next greece, a candidate for default. see that in the prices being garnered for their bonds but a portuguese bonds fell so far the deal is reached record highs, highs measured since the introduction of the euro. people here but worries like that on the back burner. they were so glad that the united states that the central bank guaranteeing record low interest rates until 2014. some of that money will flow into equities, people here hope. >> let's get a...
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Jan 14, 2012
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they cut portugal's debt to junk status. the downgrades could threaten a rescue program to shore up problems in grease and portugal with bond sales. investors fueled the sell off today on wall street. stocks snapped the four-day winning streak as the dow lost 48 points, nasdaq fell 14. >>> target is taking applications for a new bay area store at a job fare. they are hiring 200 people to work at a new store in fremont that will open in march. it is held at the target store at new park mall in newark and runs through 3:00 p.m. tomorrow. that store in newark is set to close. >>> some of the big high-tech companies launched a new partnership with the city of san francisco. zing, twitter, sales force, 82 other forms did san francisco citizens for technology and invasion. the group will give advice and tech expertise to the government on budgeting, unemployment and other issues. the chairman hopes to stream hine what he called the nightmare of starting a business in san francisco. >> if we can go in and look at that problem and s
they cut portugal's debt to junk status. the downgrades could threaten a rescue program to shore up problems in grease and portugal with bond sales. investors fueled the sell off today on wall street. stocks snapped the four-day winning streak as the dow lost 48 points, nasdaq fell 14. >>> target is taking applications for a new bay area store at a job fare. they are hiring 200 people to work at a new store in fremont that will open in march. it is held at the target store at new park...
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Jan 31, 2012
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development as some of the currencyuesday bond eurozone count portugal caused the weaken against t yen it was trading it hasned against the yen. ai? >> you came out this week we still h out here injapan, and n data from the definitely still a plate. more i make for iph ipads, strong salesthere, honda ande eastfinancial. a lot investors to take >> dige the price at the close the devenow, the topics tuesday morning. that. ramin mellegard from tokyo stock exchange.t some other market fig de barely in we will keep on top that's the from >>> the y the purchase of 12 st a similar announcement by th raised fears that the cost of lia will take delivery of it had planned to purchase 12 years.ense minister steven smith said monday that plan. we will now make a judgment the second 12 remains on the planes for the air self-de >>> the people of nort have had a new lea bu media is con to help themnt his aun his father kim john-il state run tv broadcast ahim to mark his >> t long. jong-un's links to military. and getting on a tank. with his father in april e will press the military first >> it's like
development as some of the currencyuesday bond eurozone count portugal caused the weaken against t yen it was trading it hasned against the yen. ai? >> you came out this week we still h out here injapan, and n data from the definitely still a plate. more i make for iph ipads, strong salesthere, honda ande eastfinancial. a lot investors to take >> dige the price at the close the devenow, the topics tuesday morning. that. ramin mellegard from tokyo stock exchange.t some other market...
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Jan 31, 2012
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portugal and greece are still in rugged shape. great things that have helped propel the market are italy's bond yields got below 6%. remember when they were 7.5% not so long ago, six weeks ago. and in addition, spain is below 5%. this thing that they did on december 8th, the long-term refinancing operation over there -- >> the ecb. >> they're going to have another one in february, as you know. this one could be as large as 1 trillion euros, they say. i agree, and building on what todd was just saying, you've got volatility very low. 18, okay? that's toward the low end of the range. and you have very high degree of bullishness on the individual investor, it's 48% bullish. average is 39%. >> you make a good point in terms of the ecb. we can look forward to a round of stimulus in february. then again we're waiting on greece to do a deal. they have a bond payment due march 22nd. if they default, that could create a dislocation. how do you want to invest in this environment? you've been a dividend picker for a long time. todd, let me k
portugal and greece are still in rugged shape. great things that have helped propel the market are italy's bond yields got below 6%. remember when they were 7.5% not so long ago, six weeks ago. and in addition, spain is below 5%. this thing that they did on december 8th, the long-term refinancing operation over there -- >> the ecb. >> they're going to have another one in february, as you know. this one could be as large as 1 trillion euros, they say. i agree, and building on what...
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portugal greece cannot control come to terms with its international creditors and is on the brink of bankruptcy there where do you think all this is heading for the eurozone. talking about the eurozone but talking about those countries have the euro because which is not all members of the european union but for the eurozone it does not look good in the in the i mean when it's a bit it all started in two thousand and three things look to quite different so will it last or will not last i mean people who claim that they know what the future of the user is going to be i mean that we don't we don't let's not forget they can on which is not the science it's mainly a lot of it is just a. guess. and my guess for the moment is that it might fail but although i have always been a tepid support of the euro i hope not because the alternative is even worse or i want to leave it there former belgian m.p. a lot of analysis experience i believe in by. romania which is one of the newest members and suffering its worst protests in years for the second week running fallon's of people are demanding the
portugal greece cannot control come to terms with its international creditors and is on the brink of bankruptcy there where do you think all this is heading for the eurozone. talking about the eurozone but talking about those countries have the euro because which is not all members of the european union but for the eurozone it does not look good in the in the i mean when it's a bit it all started in two thousand and three things look to quite different so will it last or will not last i mean...
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just a draft text that was written up by france and britain in consultation with morocco germany portugal the united states and qatar this is a draft that is just beginning to be discussed by the security council members we do know that the russian ambassador to the united nations vitaly churkin expressed deep disappointment with their draft indicating that he does not believe that the international community should impose an outside solution on syria in terms of the conflict taking place there and he also rejected the idea of an arms embargo or the use of force being imposed on syria because we should keep in mind that if this text includes that the security council could adopt further measures if syria does not comply with what the security council wants we don't know what those further measures could be you have countries such as russia china india brazil that believe that there is a conflict that two sides are involved in syria and both of those parties should be addressed now russia has drafted resolution on syria but according to reports that according to what members told me it doe
just a draft text that was written up by france and britain in consultation with morocco germany portugal the united states and qatar this is a draft that is just beginning to be discussed by the security council members we do know that the russian ambassador to the united nations vitaly churkin expressed deep disappointment with their draft indicating that he does not believe that the international community should impose an outside solution on syria in terms of the conflict taking place there...
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Jan 24, 2012
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, porque nunca había ido a portugal. >>> no hay dudas que le gusta la aventura y no le teme a nada, ninca s estado co alguien en al cama. >>> por qué quieres saber. >>> soy el único en la cama? >>> de la cama nos fuimos al piano de cola, costó 50 mil dólares, y fue el regalo de su ex esposo, roberto alomar. >>> ya el pasado es pasado, no interesa, yo digo queso es un libro ya cerrado en mi vida, no se vuelve a abrir, ahora podemos salir adelante y él por allá, yo por acá, y borrón y cuenta nueva. >>> su prioridad es su línea de ropa y su calendario, disponible en internet. >>> muchas gracias, tony. >>> qué interesante, de 3 dimensiones. >>> ay, tony, te veo durmiendo no sé dónde. >>> no es celosa la esposa. >>> pasando otras informaciones, no llegó a un acuerdo, la presentadora grisel mamery, después de las fotos tomadas en una fiesta popular. >>> así es, y grisel llegó con su abogado a la reunión y no descarta presentar una demanda en contra de la corporación. >>> el caso del accidente de manny manuel en puerto rico, está cerrado, como resultado de la investigación, la policía concluy
, porque nunca había ido a portugal. >>> no hay dudas que le gusta la aventura y no le teme a nada, ninca s estado co alguien en al cama. >>> por qué quieres saber. >>> soy el único en la cama? >>> de la cama nos fuimos al piano de cola, costó 50 mil dólares, y fue el regalo de su ex esposo, roberto alomar. >>> ya el pasado es pasado, no interesa, yo digo queso es un libro ya cerrado en mi vida, no se vuelve a abrir, ahora podemos salir adelante...
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with a couple of senior germany call them a sporting forward ideas as to how we can help greece portugal and other countries get back to their own car and says there's been a big problem now one of those german economists is with us now one of the keynote speakers at the group's conference that was organized by nigel fraud which he was just talking about called preparing for euro break up his philip bagus professor and author of the tragedy of the euro which you see there and he is coming to us all the way from spain the heart of some higher unemployment and of course the housing crisis one of the major problems for that country thank you for being on the show i'll get straight to this because you have an interesting perspective unlike many of the people we interview who think that the euro need to be here to stay you have a plan perhaps for getting out of the euro but do you not think that the euro is worth saving. no of us not to us saving it sue misconstruction. it has proved this over and the process and this is no no coincidence it's as i do my book it's just tragedy or succumbs tha
with a couple of senior germany call them a sporting forward ideas as to how we can help greece portugal and other countries get back to their own car and says there's been a big problem now one of those german economists is with us now one of the keynote speakers at the group's conference that was organized by nigel fraud which he was just talking about called preparing for euro break up his philip bagus professor and author of the tragedy of the euro which you see there and he is coming to us...
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downgraded nine european countries including portugal but the russian markets were closed on friday when that announcement came out so what we're seeing right now is a delayed reaction but strong crude prices have helped prevent deep falls that we saw in other countries but we could see the numbers go into baghdad and that's because we had another announcement from the fiction ratings agency this time and changed its outlook on russia's credit rating from positive to stable and that's mainly due to political uncertainty and global concerns over growth the didn't change the actual writing level it's still at triple b. but we could see some jitters come out of that. ok thanks for that update so that was business the tease marina and now on to the actual numbers we start with europe where stock markets swing in and out of positive territory traders are mewling on the impact of waiting downgrades for nine eurozone nations and a weight of french debt sales and it's a chopper trade for the russian markets will be r.t.s. gaining over a half a percent and i'm isaacs has reversed a two positive a
downgraded nine european countries including portugal but the russian markets were closed on friday when that announcement came out so what we're seeing right now is a delayed reaction but strong crude prices have helped prevent deep falls that we saw in other countries but we could see the numbers go into baghdad and that's because we had another announcement from the fiction ratings agency this time and changed its outlook on russia's credit rating from positive to stable and that's mainly...
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that but people may say look if i'm not going to get my money back on greece why should i learn to portugal why should i lend to spain why should i learn to italy good point while fitch don't seem to hold much score in the last hour or so we're hearing that they've now just cut the scores of five euro zone states they're not very confident they can sort this out including italy and spain how is that going to undermine recovery efforts what i saw about one come through i have to say is not unexpected and they'd given a warning two or three weeks ago from memory that they might like to do this by one need to do this we've had this and fee downgrade i can't remember off the top of my head what moody's doing i think some of their already downgraded i think that a down the the agencies are actually following what the markets are doing they're not running ahead of the crucial it's going the wrong way isn't it that's what i'm saying is going is going the wrong going i think any more optimistic i mean well with all that in mind well then how long do you think investors are going to hang around wait
that but people may say look if i'm not going to get my money back on greece why should i learn to portugal why should i lend to spain why should i learn to italy good point while fitch don't seem to hold much score in the last hour or so we're hearing that they've now just cut the scores of five euro zone states they're not very confident they can sort this out including italy and spain how is that going to undermine recovery efforts what i saw about one come through i have to say is not...
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Jan 17, 2012
01/12
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KRCB
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stripped the of their prized ratings downgraded including spain, portugal. for france austria reliabefsf prompting thefund.lasted sowngrade the ninecountries. ontance and very odd as far as >> the the the eu agencies and disclosure of the data used to e debts. the worriedll hurt their abilityckle debt. it is at yeardowngrade of the yen is they will shift to of the countries whosegs were downg and ts positive monday. closed for day. to see opening this go toegard at the tokyo stock what kind of startseeing there? >>ai.e start. at the levels and a bitunting aft 1% on the up up 3 topix. nikkei closed week lowhe u.s. markets off monday may see nevertheless follo poors downgrade eurozone bailout fun the we may see capped there. the day also talking aboies and theeuro let's have ano the there. and yen you mentio did hit lows we saw a negative on orters with exposure to m canon, cinimum oath u.s. or week ains on earnings names like manufacturing and data is d this investors may stay ahead of th also, we havchina's gdp numbers, and we have seen considera growth in s
stripped the of their prized ratings downgraded including spain, portugal. for france austria reliabefsf prompting thefund.lasted sowngrade the ninecountries. ontance and very odd as far as >> the the the eu agencies and disclosure of the data used to e debts. the worriedll hurt their abilityckle debt. it is at yeardowngrade of the yen is they will shift to of the countries whosegs were downg and ts positive monday. closed for day. to see opening this go toegard at the tokyo stock what...
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Jan 15, 2012
01/12
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CSPAN2
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he has immediately to portugal to get to portugal, he wants -- the ideas he wants to hook up with these mercenary groups, get on a ship to go to angola. and the problem is he doesn't speak the language. he does another culture. if i've been running out of ideas so they go back to london. and now he's really running out of ideas. he rubs a jewelry store, robs a bank. he is trying to get johannesburg or two south very rhodesia. and when they found in a keystroke, yet dishonest person which was a timetable of airplanes to south africa appeared they also found this book, which is sort of an overview guide to a geisha. they also found a loaded revolver, which he had in his pocket. i guess times are very different that then. you can board a plane with a loaded revolver in no problem. in fact when they caught him, they did make a stink about it. they just wanted to get a permit for his kind. he asked him why do you need a gun? the senate going to rhodesia and things are really difficult down there. and they basically accepted this story. but they said we've compared your fingerprints and compa
he has immediately to portugal to get to portugal, he wants -- the ideas he wants to hook up with these mercenary groups, get on a ship to go to angola. and the problem is he doesn't speak the language. he does another culture. if i've been running out of ideas so they go back to london. and now he's really running out of ideas. he rubs a jewelry store, robs a bank. he is trying to get johannesburg or two south very rhodesia. and when they found in a keystroke, yet dishonest person which was a...
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Jan 30, 2012
01/12
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too bad the big pig in the room is now portugal. betting the farmville. why zynga's fun and games are serious business and rich greenfield is here to say doubt zynga as an investment at your own pairl. a private school now costs more than $40,000. is this everything that's wrong or right with education in america? we'll dig in, mandy. >> we certainly with. i'm mandy drury. happy to be back. steve liesman over to you with the details. >> thanks very much. the federal reserve reporting the january results of its senior loan officers survey of banks and it's some interesting results here. demand has risen for commercial and industrial loans reversing the prior quarter that showed a decline. and this is really interesting, loan demand for small businesses at the highest level since 2005. this is the net first banks rortsing an increase in demand. small business borrowing and demand for small business been one of the keys we've been looking for turnaround in the economy. it's unclear but maybe this is a really good sign. demand for consumer also turning positi
too bad the big pig in the room is now portugal. betting the farmville. why zynga's fun and games are serious business and rich greenfield is here to say doubt zynga as an investment at your own pairl. a private school now costs more than $40,000. is this everything that's wrong or right with education in america? we'll dig in, mandy. >> we certainly with. i'm mandy drury. happy to be back. steve liesman over to you with the details. >> thanks very much. the federal reserve...
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now is what why this is happening is because of france's involvement mainly on bailing out greece portugaland also it leaves the e.c.b. so it has put itself in a very vulnerable position so one can say that this is not unexpected unexpected but of course many news that just this comes out of family of course the reactions would definitely be negative as we've been seeing in the markets now the minute the main problem here if you know that mario monti for example had been asking merkel and a cycle is he saying please focus more on growth now this is going to become a problem because it banks start tightening again because of a loss of confidence it will certainly affect the growth prospects of the eurozone now if this comes on the back just yesterday on thursday when the european central bank actually said that the eurozone is in a more stable position now this is going to walk about certainly once again we're going back into a cycle of what's going to happen next creditors confidence certainly down and more meetings to come definitely next week and again more meetings with sarkozy and merk
now is what why this is happening is because of france's involvement mainly on bailing out greece portugaland also it leaves the e.c.b. so it has put itself in a very vulnerable position so one can say that this is not unexpected unexpected but of course many news that just this comes out of family of course the reactions would definitely be negative as we've been seeing in the markets now the minute the main problem here if you know that mario monti for example had been asking merkel and a...
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they've done that over the last three or four weeks rates have come down a little bit not for all portugal still in trouble but the trouble is you can't just print the money endlessly and i think in the in the medium term. there will have to be much bigger explosion and you can't put you can push it along for a bit but not forever they're always comes at their reckoning because their missionary could have a program chief economic correspondent of the independent newspaper thank you. coming up on the program we'll bring it to the more world news in brief this time we'll go there and talk about a blast of the city a funeral procession of baghdad it's killed at least thirty two people and wounded sixty five explosions struck as mourners gathered to bury a person killed a day earlier there have been more than two hundred deaths since the beginning of the year now an increasing sick terror in attacks since the american troops left in december it's a grim picture there. but further that capsized cruise ship off italy's coast is now offering passengers fourteen thousand dollars each in compensati
they've done that over the last three or four weeks rates have come down a little bit not for all portugal still in trouble but the trouble is you can't just print the money endlessly and i think in the in the medium term. there will have to be much bigger explosion and you can't put you can push it along for a bit but not forever they're always comes at their reckoning because their missionary could have a program chief economic correspondent of the independent newspaper thank you. coming up...
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Jan 27, 2012
01/12
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CNBC
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signs of stress coming out of portugal. yields soaring there and investors are waiting. still word of a debt swap deal out of greece which could come today or potentially over the weekend, but i feel like we said that even last week. today or the weekend. >> march is getting here slowly but surely. it's still aways away. that would be the ultimate default. hard to imagine they get to that date but each week keeps going by. >> now we're looking at portugal. wait a second. the unicredit deal absolutely terrific home run. 65% gain. we've got this conflict. bnp selling really good bonds, energy bonds. cut the conflict between raising capital and selling off assets. the banks that raise capital beginning to do well. i urge people to look at santander. >> you keep pushing that. >> they are a survivor. after unicredit rallied on the rights deal, how can i be negative? i think this is an interesting moment for these european banks, the ones that are taking the medicine. >> of course, selling assets is in many ways dealing with the capital problem also. you reduce the top, you in
signs of stress coming out of portugal. yields soaring there and investors are waiting. still word of a debt swap deal out of greece which could come today or potentially over the weekend, but i feel like we said that even last week. today or the weekend. >> march is getting here slowly but surely. it's still aways away. that would be the ultimate default. hard to imagine they get to that date but each week keeps going by. >> now we're looking at portugal. wait a second. the...
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Jan 21, 2012
01/12
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CSPAN2
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two were in the iberian peninsula, portugal and spain. he had already invaded them -- portugal in 1807, spain in 1808. he had been fighting a guerrilla war in spain for all of those years. the english had an army there trying to fight him. it was led by the duke of wellington. but everybody figured once he got, once he got done with russia that no poll onhimself -- napoleon himself would come to spain, and he would win the war. his lieutenants had been fighting in spain and portugal prior to this time, and they might not have been doing so well, but when the master himself came, it looked like he would conquer there as well. and then you have the whole continent. and who was next after he did that? it was the british. all right. so madison thought that in view of this fact that the british would not want to at the same time be carrying on a war with the united states and, therefore, they'd be willing to negotiate with him about the things that were bothering he and the republican party which were the impressment of american seamen, the br
two were in the iberian peninsula, portugal and spain. he had already invaded them -- portugal in 1807, spain in 1808. he had been fighting a guerrilla war in spain for all of those years. the english had an army there trying to fight him. it was led by the duke of wellington. but everybody figured once he got, once he got done with russia that no poll onhimself -- napoleon himself would come to spain, and he would win the war. his lieutenants had been fighting in spain and portugal prior to...
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Jan 30, 2012
01/12
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CNBC
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investors are also worried about what's in portugal. soaring to area records of 17%. so will debt holders be forced to take a hair cut? let's bring in amelia bourdeau. and money in motion contributor. there's a firm today out of london, capital economics, who believes that portugal will default. is that baked in on the screens? >> i don't think it's baked in. people started discussing the possibility of this back in january when s&p downgraded to junk status. then what happened was a lot of investors started selling bonds out of their portfolios and yields started to rise. >> do you have any sense -- what is the overall portuguese debt? i have no idea of the magnitude. >> i would have to check the levels. it's the worst in the eurozone. with their current bailout package, they are funded through the end of 2012. so there isn't a need for them to go to the market right away. as we approach mid-year, people will certainly -- this discussion will be heating up whether they need another bailout package. >> in the concern in the region, is the biggest that greece is going
investors are also worried about what's in portugal. soaring to area records of 17%. so will debt holders be forced to take a hair cut? let's bring in amelia bourdeau. and money in motion contributor. there's a firm today out of london, capital economics, who believes that portugal will default. is that baked in on the screens? >> i don't think it's baked in. people started discussing the possibility of this back in january when s&p downgraded to junk status. then what happened was a...
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Jan 25, 2012
01/12
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KCSM
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>> they want to be the leader of europe, and not the southern european countries like greece and portugal. >> adopting german reforms for france. is an idea of the conservative -- it is an idea of the conservative sarkozy and the socialist hollande are eager to explore. but many doubt that parliament could push those changes through. >> in france, people do not like the changes. whenever something changes, people take to the streets. >> they will never get reforms to the welfare system through. we are attached to it. the retirement age for instance. >> you cannot compare the two. there are two different. -- they are too different. >> much as the cartoonist enjoys comparing the two, he understands the difference. >> people in france have realized the only possible future is the one we built together, with germany and france. >> that will not change. whoever wins this year's presidential elections. >> and that has been our in- depth look at the french presidential campaign. we are keeping a very close eye on the run. stay with us here on dw-tv. captioned by the national captioning institute
>> they want to be the leader of europe, and not the southern european countries like greece and portugal. >> adopting german reforms for france. is an idea of the conservative -- it is an idea of the conservative sarkozy and the socialist hollande are eager to explore. but many doubt that parliament could push those changes through. >> in france, people do not like the changes. whenever something changes, people take to the streets. >> they will never get reforms to the...
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Jan 16, 2012
01/12
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WBAL
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late friday, standard and poor's cut the ratings of italy, spain, portugal, and cyprus by two notches and france, slovakia, slovenia, saw a one-notch cut. traders said the cuts were expected to the market should not drop dramatically. u.s. markets are closed today for the holiday. still to come, and look at the newest batch of trainees learning how to rescue you from an avalanche. the astounding numbers that make these rescuers more likely to save lives. >> no major snow in the forecast just yet but futurecast showing the chance for ice. when and where, when we come back. first, >> in this afternoon's medical alert, this time of year people tend to avoid crowds and attempt to avoid germs. a new study shows germans are not the biggest health correct -- threat crowd offer. researchers found human stampede and he strokes of the main reason for death and illness at large events. over the last 30 years, more than 7000 people have died in trauma during tank -- stampede and 14,000 more have been injured. the risk of heart attack during group evans is also higher, especially when the event is
late friday, standard and poor's cut the ratings of italy, spain, portugal, and cyprus by two notches and france, slovakia, slovenia, saw a one-notch cut. traders said the cuts were expected to the market should not drop dramatically. u.s. markets are closed today for the holiday. still to come, and look at the newest batch of trainees learning how to rescue you from an avalanche. the astounding numbers that make these rescuers more likely to save lives. >> no major snow in the forecast...
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Jan 31, 2012
01/12
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KDTV
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>> pues estamos de promociÓn, vamos a hacer una gira en espaÑa, en portugal y a la vuelta, cuando terminemosaber quÉ ocurre despuÉs de la muerte. les presentamos un medium. >> la sesiÓn de comunicación con los muertos estÁ a punto de comenzar. el primer paso consiste en escribir los nombres de las almas ausentes. el segundo, limpiar y cesar el cuarto para que solamente ellas hagan contacto. >> porque no vamos a estar pasando seres que no necesitamos, ¿verdad? >> rody participÓ en esta sesiÓn a petición nuestra. la vida en que no sabe nada del pasado. ella busca comunicarse con su padre que falleciÓ hace 18 aÑos y todavÍa no se resignan por haberlo perdido. >> se lo reclamo. siempre para mÍ es una exigencia por quÉ no estÁ- yo soy la que mÁs lo extraÑo. >> lo que estamos haciendo es pedir permiso. >> el mensaje de juan alejandro llegara a travÉs de la llamada escritura automÁtica y esto es lo que recibe. >> ya es hora de que entiendan el por quÉ, eso es lo que él quiere que tÚ entiendas. >> marÍa dice que pudo percibir una angustia en el alma del difunto y piensa que Él muriÓ lameado profunda
>> pues estamos de promociÓn, vamos a hacer una gira en espaÑa, en portugal y a la vuelta, cuando terminemosaber quÉ ocurre despuÉs de la muerte. les presentamos un medium. >> la sesiÓn de comunicación con los muertos estÁ a punto de comenzar. el primer paso consiste en escribir los nombres de las almas ausentes. el segundo, limpiar y cesar el cuarto para que solamente ellas hagan contacto. >> porque no vamos a estar pasando seres que no necesitamos, ¿verdad? >>...
SFGTV: San Francisco Government Television
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Jan 7, 2012
01/12
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SFGTV
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i have the opportunity to be in portugal and also in san diego. the event management, the oversight is extremely professional. they are very concerned with every aspect of the environment. they take the time and energy to clean up after they leave, and it is one of the best professional organizations i have seen. as far as its impact on the ecology and building, i think it is going to be nothing but positives. the awareness of we do have a waterfront and we have the ability to participate in recreation and taking advantage of the changing waterfront to the maritime recreation. it would be very positive for our fiscal impact and growth in these hard times. we have people lined up ready to go. we just need your permission to launch 100%. >> is there any additional public comment on this item? >> good evening, chairman and members of the commission. i am from one of the largest and oldest neighborhood associations, and we have been thrilled to be working hard with the city for over 10 months to make this a winning a vent for all of us. it was also on
i have the opportunity to be in portugal and also in san diego. the event management, the oversight is extremely professional. they are very concerned with every aspect of the environment. they take the time and energy to clean up after they leave, and it is one of the best professional organizations i have seen. as far as its impact on the ecology and building, i think it is going to be nothing but positives. the awareness of we do have a waterfront and we have the ability to participate in...