it can be seen across portugal from banks to the media.has a poor track record, and its leader has been in power for more than three decades, and the media's ability to report has been so severe curtailed that many dependent on news outlets from the former power to get uncensored coverage. oil and diamond money has been pouring into portugal with investments in industries, including the media. that, according to journalists in both countries affects the reporting done in portugal on the story in ang jola. "the listening post" on angola and the news media at home and abroad. [ ♪♪ ] >> reporter: last month a long-running court case against an angolan journalist came to an end. seven angolan generals sued march for defamation after he accused them of torture and human rights abuses in his book. march was found guilty and given a 6- months suspended sentence. he said it was a blow to freedom of expression. saying it sends a message that you could be locked up. >> i faced threats and imprisonment. i condition because i believe as an investigati

we already told you portugal, that economy is very fragile.worries about portugal and spain going down the same road what we saw the greeks go down. adam: we saw borrowing costs shoot up for portugal and spain. the question how does the eurozone respond to that or will they head the same way. cheryl: those comments making people nervous. other news, secretary of state john kerry holding last minute meetings ahead of tomorrow's deadline to reach a nuclear deal with iran. also this. happening on our coastline. just off the coast of north carolina. beachgoers terrified to go in the water. another shark attack, number six. more details coming up after a quick break. ♪ cheryl: well with hours to hours to go before the iran nuclear deal, both sides admit talks will go beyond tomorrow. there are worries that it will end up with a bad deal for the united states and its allies. joining me now, judy miller from the manhattan institute. dinneen borelli, conservative review chief correspondent. they are both fox contributors. we have the project accountab

otros nombres que se mencionan para presidir la fifa son del astro de portugal luis figo tambiÉn la estrella detalles del atentado que presuntamente planeaba cometer el sospechoso de terrorismo que fue abatido ayer por la policÍa de boston lori nos acompaÑa desde washington d.c. y el presunto plan. >>> buenas tardes mary las autoridades dicen que el plan terrorista de estos dos hombres iba en serio y a esta hora investigan para ver quiÉnes mÁs pudieran tener contacto con ellos. >>> hoy en corte david riths acusado de conspirar para competir un ataque violento en boston, las autoridades vinculan a r, ra him dicen que ambos compraron cuchillo para matar a policÍas el 2 y 3 de junio. es un reto descubrir estos tipos de complots dicen algunos expertos. >>> no estamos hablando de un grupo organizado en una ciudad estamos hablando de unos tentÁculos que se skoen den alrededor extienden alrededor del mundo. incluso ra him dijo a la cÁmara baja se comunicaba con el estado isla aplico y islÁmico y divulgaba su propaganda por ferointernet. el martes fue baleado luego de alaban cerca abalanzar abalanza

went to portugal.wrong. >> we have a huge problem. >> this man is portugal's drug >> we h >> we have 100,000 people hooked on heroin. >> 15 years ago heroin users shut shot up on the street. instead of doing what we've done, they tried something different the they decriminalized every drug, crack, heroin, you name it. >> it's legalization. we have the most liberal model in the world. >> drug use is treated more like a parking ticket than a crime. people caught with this drugs like this man found with hash get a slap on the wrist, sometimes a fine. when the law passed did stoned people run wild in the streets taking heroin and crack? >> that's so not true. >> this woman served in portugal's parliament. >> people now take a more responsible attitude towards certain drugs. there's no police after them to choose for them. >> despite that freedom, independent studies found that the number of people who say they regularly do drugs stayed about the same. and, more importantly -- >> the numbers of addiction it

could be exposure to portugal. could be exposure to spain, italy and other countries that could be in similar arears which is all the more reason why the moneyfy jim lecant why we're obsessing about issues like gay marriage or whether there are health care subsidies or not. we're keeping our eye off the ball here. the ball is the globe. and the financial underpinnings. you're not encouraged by that, are you? >> no, i'm not. look, it is not like these issues are not important. they are important but they aren't only issues. real big issue out there for most people, do i have a job? am i going to be able to support my family? how does greece tie into that? because it ties into the global financial system. maybe greece by itself doesn't, as you mentioned but if portugal sees greece is all of sudden able to restructure their debt, why not us? if spain sees that, why not us? we've seen what the bank owners, the bank depositors will do if they're threatened with capital controls and constraints. they yank their money out

people look for is the spread between the debt of other peripheral countries like spain and italy and portugal and germany. as you can see, there is a

the euro, italy portugal. sandra: that would be obviously detriment al. the greek people don't want it. i have to tell you, according to the high level official they don't want it in the eurozone either. they want the payments done and to be successful. sandra: we have seen the story before. it is all about buying time. we want quick analysis of the situation. all the greek drama. robertrobert van battenberg joi. with societe generale. join us kindly by the phone bright and early. robert, are we getting closer to default or a deal for greece? based on your analysis what will happen today? >> i think eventually greece will get a deal but they have the upper hand right now. the european government, the troika, if you will, has an enormous amount of greek debt and gets more and more. greeks get more and more leverage. don't forget the real deadline

zapatazo de cr7 portugal saldrÍa con la victoria 3 2.e el jugador de chivas llegue a los periquitos, aunque serÍa hasta el mes de diciembre. gigantes ante diamonds. en la alta de la cuarta, le pega hacia el jardÍn izquierdo y anotaban una carrera mÁs los visitantes. san francisco se puso en el marcador pero no serÍa suficiente, vuelven a carlos gigantes 4 2. los dejamos con estas imÁgenes alex rodriguez bombinazo hacia el jardÍn central. pasa la marca de 2000 carreras producidas. y en la ediciÓn nÚmero 188, fabricio werdun venciÓ caÍn velÁsquez con esto nos despedimos. ramÓn: un oficial escolta a una anciana mientras ella muy tranquila avanza en su silla de ruedas elÉctrica, pero antes un adelanto de las condiciones del clima. mily: que tal amigos ya casi es domingo, quiere saber quÉ nos espera? le tengo todo el reporte completo al volver de la pausa. ♪ ♪ ♪ sfx: engines revving. listen up. ready. ready. steady. sfx: engines revving. go! ♪♪ es más que una película. ahora es una atracción. fast and furious. supercharged. súbete at universa

>> updates so that twitter supported portugal to the new jersey couple the story has broken on portugueseews now people in the community that they're living in are helping them to give them baby supplies, food, once hated is released from hospital god willing, they will likely have to stay in portugal for weeks or months at she heals to get stronger so the little girl's health condition changes day to day they're talking about changing her ventilator one day is good the next day it is not. if you want to support them there's still a raising money for the unexpected cost. check out the facebook page. >> i have been here five minutes and i already got a check. on some. -- check. awesome. >> the river road park. >> because of the natural biological requirements we had to move a the habitat and that is set with the migration path away. in the past they were killed on the road by cars. >> that is a hot spot for attempted crossings as a series of tunnels was built in new jersey. >> why would turtle -- turtles use the tunnels? i wonder the same thing but they are corralled using the long planks

unfortunately when they were in portugal went into labor. born in portugal. you an interview with them soon after. since our 1st interview sadly hudson has passed but hayden is still fighting and hanging on. we have in studio kim and fred's. how has it been? give us an update. >> everyday something different. yesterday she had a pretty good day. today was not as good. day in and day out. one moment for one hour, one day at a time. bill: what was the emotion that ran through you when you held your daughter for the 1st time? >> my heart smiled. for the 1st time i had something close to what it feels like to be a mom. >> were looking at our baby still in an incubator. to be able to touch her hand it makes us feel good the little bit that you are able to do. quite frankly we have not really had a feeling that. >> i know this must be difficult to speak about. there is hudson right now? >> is home. >> we were able to get them back in new jersey. and there were able to get back. >> really no words for the loss of a child. do you feel any anger and all? this all baby

armenia and portugal in the euro qualifier, 58 minutes. look at this beauty. from almost 30 yards out, upper 90. third goal for one of the best players in the world. kelly loves them. portugal wins 3-2 in the final. forget you can catch game five of the nba finals right here. coverage starts in 30 minutes. kellye: i was asking devon who he wants to win. >> i just want a good game. kellye: kellye: dinosaurs took a giant bite at the box office. worldwide, "jurassic world" made $512 million, the largest opening in history. it looks good, too. have you seen i have not. >> $500 million? >> just a small percentage is all i ask. devon: on the radar we are still tracking storms and selfies. we go -- south and east. northwest there is a chance of severe thunderstorms, heavy rain and lightning topping the list but we will be tracking why are we watching this again? i pay for all these channels, so i make myself watch them all. joey, i'll watch anything except this. except this. back, go back, go back, go back, go back, go back. fios custom tv lets you pay for the types

it's national symbol of portugal it's national symbol of portugal.nd as port geedz military we're proud of her. >> the meier family came one cape may courthouse to sale on delaware as belated father's day sill operation. >> i love the ships and sales and history of them and this will be an opportunity my first time actually sailing on one later this afternoon. >> and at penn's landing trish hartman, "channel 6 action news." >> more to come tonight on "action news" people are lining up for blocks and greece trying to met money from the bank. while the country may be on the verge of financial chaos and day of self operation guy pride parades and the rule on same-sex marriage and phillies interim manager had critical comments about the players. yes yes has sports when "action news" comes right >> it looked like textbook launch but the space rocket exploded in the skies over cape an after ral florida. nobody was on board it was carrying supplies to the international misstation. this is third mishap in a year unrelated. q. it's important for all of us to

off the coast of a sleepy village in portugal.ere as a nasty storm promises to produce one of the biggest swells garrett mcnamara has ever seen. one more chance to make history. at this point in your career do you still get nervous? >> i never get nervous, just excited. >> reporter: he has found a place that regularly produces record-breaking sets. a phenomenon fuelled by a massive underwater canyon just off shore that powers the swells from three miles deep. for generations, fishermen were practically the only souls willing to brave the dangerous surf. >> the waves. >> did you grow up fearing the waves? >> no. respect. >> reporter: once garrett mcnamara started to make headlines here the fearless followed him transforming this town in to a world-class surfing destination. unforgiving swells an the world have drowned fellow big wave surfers. two years ago, rising star was nearly killed by an 80-foot monster. >> sit up. >> reporter: these days those deadly risks weigh heavier on garrett mcnamara because he and his wife nicole had a

italy, portugal would be counted with them. a lot of focus right now on how the markets are faring. once again, the movements we have seen don't seem to be driven by huge amounts of flow. it seems that there are some pressures, but it's difficult to say there is panic in europe right now. sandra: still a lot of time here in decisions to be made. thank you for joining us this morning. >> thank you. sandra: i do want to update you on the great tenure. a shot at 367 basis points. we are a 14.5% right now. italian, spanish and portuguese fields also up sharply in early trading. investors, particularly hedge funds have a lot riding on the future when markets reopen. nicole, you have the latest on that. nicole: talking about investments in greece and some of the big names in the hedge fund industry. "new york times" saying david einhorn, john paulson collectively poured more than $11 billion into greek government owns. bands products, large other types of investments, construction, energy, water. einhorn and paulson have lost considerable. wilbur ross. he spoke about this. they have a lar

italy, spain, and portugal all at healthier. yet we see markets in america having their worst day of the year. savile row -- austen: the europeans have said that is the american view. the americans have been very nervous about that problem, that it is not just a greek problem that it is a misaligned exchange-rate problem. you can kick out greece, but pretty soon, on the heels of that -- it will be portugal spain, or italy. greece leaves and the euro then starts to re-appreciate, i think you may start to see these problems spread to other countries. katty: we are wrong to be blase about a grexit? austen: this is just a fact. katty: i mean, we are wrong to think it does not matter much. austen: i think that is right. it is in some sense and inevitable week. we can put it off for six months, but here we are again. katty: why has it, now? we have lived with the great problem for years. we kicked the can down the road, one negotiation after another late nights in brussels one deadline that has not been met after another. what is diff

portugal holding elections. the first elections since a post-bailout period. portugal asked for a bailout in 2011 to avoid bankruptcy. >> the united states marine core put a woman to the test to determine readiness for frontline combat. all branches under orders to open up units currently restricted to men by the end of this year. kristen saloomey visited the war training center to see how the women are measuring up. >> reporter: it's a long way to the top. scaling a rock cliff is all in a day's work to this 22-year-old corporal. she is part of the marine ground combat unit integrated task for, an experiment in gender fibbing aches. many and women training side by side in roles never opened to women. >> exciting. thrilling. >> reporter: she admits it has not been easy. >> the hardest part had to be showing up to a unit that this never seen military or worked with one. that was a struggle. >> then there's the heavy gear. we had over 100 pounds. carrying the body weight every other day. they were here carrying those every other day. >> for eight months the marin

portugal 133%. which country could be the next potential debt crisis? could that have for the global economy? kevin, welcome to you. where do you think most of the risk here is in terms of these debt crisis we are seeing around the globe? >> i think it's been well documented that the risk is currently with greece and as a sidebar to puerto rico. beyond that as you go down the line portugal would be the next country that you would look to for stability in the euro zone. right now you can't say it's an issue. if you look at portugal spain and italy and their 10 years and the way they are training, the market isn't concerned about the next shoe to drop. the market focuses on greece. puerto rico is something that looms large, both with tomorrow deadlines, imf payment to groes obviously not going to happen. >> there are usually a three options a country or entity has. they can grow their way out or devalue the currency. is that why you look with such interest to what's happening in greece, as much of it being a template for everybody else? >> you have to. th

portugal does it go spain and spain to italy.t's the dominno theory people worry about. trish: let me ask you about interest rates at home. the fed indicated they would like to get off zero at some point in the near future. have you this happening, making the u.s. dollar all the stronger which makes it hard for us to act. >> the dollar didn't strengthen as much as you thought. trish: people are saying if greece goes, that's good for the euro, but overall the concern is our currency has gotten stronger in the wake of the problems in europe, and it's assumed that probably it will continue strengthening here, what does the fed do in light of that? >> i think we're back to december now. and i think there's a big question, if this gets much worse, we're probably look at 2016 before they raise rates. trish: there's no way they can move. they might like, to but had the opportunity, and now it's gone. thank you very much, david reilly from heard on the street, check out his column. >>> to the quotation of the evening that describes the g

arrested, 34-year-old pamela tolbert and her boyfriend, alfonzo portugal, 38.olbert, a parolee with five prior felonies, gets a 27-year prison sentence. after pleading guilty to aggravated robbery and second-degree assault. portugal pleads guilt countery aggravated robbery and is sentenced to 12 years behind bars. essential to the case, the video recorded by security cameras installed by the previous owner after an earlier robbery. >> i think it would have been difficult to get a true understanding of what occurred or what the assailants had actually attempted to do with the bartender until we actually saw that footage and saw what occurred. >> the two customers who fled the scene are not charged. lucky for t.j., his stab wound is superficial. no stitches necessary. but the blow from the pool cue requires 13. >> i think t.j.'s lucky to be alive after this. >> t.j. has no regrets about fighting back. >> when things that are valuable to you are threatened, i think just about anybody would be amazed at what they can do to defend those things. >> for t.j., the assa

it was spain, italy and portugal that saw the biggest losses yesterday. germany's decline yesterday was the biggest its 2011 and as you know, the cap 40 dropped. the biggest since 2011. we are down today but nothing like 24 hours ago. jon: the losses stabilize. check out the situation in asia. let's get over to zeb in hong kong. one-a-day. -- what a day. >> a seesaw day a swinging markets. we started lower on the shanghai composite but today we're finishing close to 6% gains. the chinese market is second in volatility only to greece. the stock market slump we saw yesterday plunging china into a bear market and the authorities took a note acting quickly to try to stem this. can they stabilize it in the long-term? that remains to be seen but just in a past day we had chinese authority stepping in for the market areas they now allow pension funds to buy stock and you have the brokerage association in china calling on investors and fund managers to act to stabilize margin calls. this huge run-up in chinese shares have been funded by margin lending and if thos

. >> spain, france, por portugal y they went up but from abnormally low levels, they are lower than they were a few years ago, there not a notion of panic in the marketplace, and the euro actually went up against the dollar, market saying that either it will get solve or not, but the euro will end up stronger. >> dow off 350, this was worse session in a long time, there was a flight to safety, our yields were up, our lot of foreign money came into bonds there is a sense that 170 friday issue 350 today, maybe it could be something sufl. awful. >> even though what jim said go greece it is still a trigger. but answer is, there could be some contagon to u.s. market but not a lot of individual, a lot of institutions, a lot of fast money and hedge funds. >> like lehman brotherses and bear sterns those guys? little guy gets hurt, when the big guys. heather, a loose of ramification, this money they took in, with a promise, they are not fulfilling them. >> you will see a lot of change, real brain drain with young kids. >> i don't think there is a lot, what is left? i read a respect half of the cu

athens stock exchange, portugal and italy, up more than 1%.re three of the best-performing benchmarks in the world today. two things have happened to try the risk appetite. there has been emergency meeting called on monday between eurozone finance ministers and leaders. reach a deal on greece. alexis tsipras says that he is confident a deal can be reached. the second thing is that the ecb has raised the maximum amount of emergency funding that greek banks can get. this is a key change and should take then threw two monday as well. if you look at the stocks we're watching, ellen nick telecoms company is up, but out the bank national bank of greece are both even though they were gaining earlier. that is because the ecb said they are going to review emergency funding monday. it sends a signal to greece that the situation is serious. betty: in asia, chinese stocks have their worst week in heaven years, fears that this might be the start of the painful correction analysts have been predicting. week has been uneventful in china. all was well this ti

. >> have an update regarding those twins born prematurely to the new jersey ceremony while in portugally able to be taken off. had to go back. exclusive pictures of her. they are happy to bring you back positive updates. >> lady liberty's 130th birthday. she arrived in new york. some comments include the statue of liberty iran and 350 beaches. the statue of liberty is equal to 151 wine bottles, 375 year against. >> make it your campaign which cost $1.2 million. probably of the city. an unexpected twist. someone has gone beyond that twenty-two years old. today for a walk down wall street where she grew up. an anti- gentrification campaign. >> might have assumed for the campaign of that said in turning her back around so they can feel like this place is a place where we belong. the parents so the preschool. been there for was 15 years. they tore down the old church up with the shiny new building. give us a statement. all the great things in jersey city. but that doesn't settle what them is concerned about the rising rent in the culture being pushed out of the neighborhood. >> this only s

. ♪ ♪ >> bringing you updates of this new jersey couple that went abroad to portugal.urely. unfortunately passed away. insurance will cover the final arrangements. she will need a private or chartered flight. we have been in communication giving you exclusive updates. it will all go back to the way it was. it doesn't work like that. we are continuing to raise awareness. go find me .com. this family is going to need a lot of money. >> the super sappy wedding video. right in philadelphia. >> i love you. >> no, your not. >> i love you. will you marry me? [applause] >> it made us want to see your wedding moment. other group proposals. tweet them to us were hit us up on facebook. ♪ >> some call it art. other started theft. a photographer has created an entire art exhibit by finding photos on the popular social media site insta graham. primarily made up of women mentally and sexually charged poses. inkjet print. he added his own unique comments. they are put on display where they sold for nearly $90,000. and they were on sale again where they sold for a slightly lower price.

pain and sports -- portugal will be -- spain and portugal will be looking to leave later.e is no reason that they will necessarily follow. it looks like the disease is contained. vonnie quinn: we have seen much better goals in the last couple of quarters. brendan greeley: those two countries have been the most frustrated with the greek negotiating strategy. vonnie quinn: they played by the rules. third answer, nero fiddled as rome burns. history should teach. there is some truth to that. brendan greeley: you know what happens in europe? everybody settles until they cut a deal at midnight. i think that's what is going to happen. i am going to look at greece for my agenda today. the meeting of the troika is extraordinary in terms of the last six months. something is really happening. today we have dueling proposals. we will find out who wins today. vonnie quinn: i am not going to answer that in song. i am going to take a look at a hearing in the senate. this is interesting. it has faded to the background. congress is looking at the issue. a lot of people say you would give a

>> he was insinuating that when they dealt with ireland, portugal, spain, they got a lot more flexibility. this set the tone for the day. there was immediate action across the board when that went out. a decline in stocks, people piled into safe havens. alix: we always talk about greece today, but what about greece tomorrow? the instantaneous reaction, what happens tomorrow when they need more money? they are going to need a third bailout, 20.7 billion euros. they will get the profits from the ecb on this bond buying program. >> they are working late into the night. it's only a temporary thing, and then another bailout discussion down the road. alix: joining us to discuss this, a third debt deal? >> this is can kicking. >> i want to talk about greece tomorrow. i want to talk about it in six months. >> i hope this never ends. >> it never will. >> it's looking that way. >> this is just a fantastic story we can talk about. >> people are saying, really guys? the same rhetoric again and again? some last-minute deal that just kicks the can down the road. >> third,, first quarter gdp numbers, a

especially italy and portugal. you can do the math on 4.5% over here would be a big sell off. so far we're down less than 183 points or so and puerto rico is also sounding a financial alarm. in an interview with the new york times the governor of the territory says the islands $72 billion in public debt is unpayable. therefore puerto rico would seek to defer payments while negotiating with creditors. the governor recently said he considered allowing him to push bankruptcy. the move could have far reaching implications for the u.s. bond market. it wouldn't make her right but it would throw some shockwaves. >> you already scheduled your next -- >> i need to go down to puerto rico. >> this would be a much bigger story in greece wasn't -- >> in the headlines, yes. >> but it's a long time coming too and i don't know how you fix this one either. but i feel better about our ability to handle what happens in one of our territories than the eu's ability to handle what happens in greece. don't you? >> a little. i don't know. >> that's definitely not going to be a systemic. >> no the oth

what happens if italy, portugal and spain have a problem?hers to greece. >> these are the pigs portugal italy, greece. italy, a big worry. they are a large economy. they have a shaky debt situation there. their cost of borrowing could start rising and create domino effects effects. if more and more countries say it's not working, that could cause a crisis in europe. >> as you recall in the throws of our recession, there was a debate in this country. stimulus or austerity. what did greece do? >> austerity. that was the big issue. everyone said at the time you need more money flowing. the germans, in particular, who are holding the moneybags. europe said no. it hasn't worked for them. the central bank is tries to do what the u.s. did, pump a lot of money in. it's too little too late. >> pump a lot of money in. no more emergency funding, why not? >> they simply don't feel they are good for it. this is european central bank saying you have no bailout deal. you are going to fall out of the euro zone. they will keep trying to put money into the ec

we saw it you know the ten-year bonds of portugal and italy went up a bit but not much. you know just having you know the interest rate on them go from 2.5 to 2.6 what's the big deal? it's nothing. it went from 10% to 15% today. and the others were impacted by .10 of a percent. what's the deal? i feel like the full drama, the disaster is going to be in greece and not the rest of the european union. nevertheless the present government keeps feeding these people that you see in the demonstration today, the idea that if greece falls apart, so does the whole europe and therefore, europe is going to rescue greece. it's what can i say? it's a total lie. and unfortunately, people want to believe in the lie. because they want us to feel important. they want to say whoa we are important, we are the cornerstone of europe. we have a great history and so on and so on and so on, if something happens they're going to rescue us. they're the big daddy, they're going to rescue us. >> sadly it's going to be a doomsday scenario if the worst happens. and i'm curious what the people of greec

en el viejo continente por las eliminatorias rumbo a la euro 2016 portugal necesitÓ de la mejor versiÓn verÁ en la final ante el serbio viktor esta noche el noticiero univisiÓn todo cederle el debut de leonel messi. ahora seguimos con mÁs de noticiero. fÉlix: por ahora los dejamos a ustedes tambiÉn muchas gracias por acompaÑarnos y los esperamos en la ediciÓn nocturna.

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a peripheral including italy portugal and spain u.s. dollar, swiss frank and euro, his government is campaigning heavily for greeks to vote no on sunday. >> so he's campaigning heavily but the greeks are out in full force today. in fact can we pull up that image of the control room of what's happening live? there you have it. people packed, standing outside. how unprecedented is a referendum like this? >> it's very unprecedented. i can't think of a time when basically a country has stood up to these very powerful financial institutioninstitutions. keep in mind tsipras and the syriza power were swept 52 office promising the end to austerity. european leaders have been throwing cold water on this saying this is just a political ploy. but make no mistake, this is unpressing dented. it is honoring the democratic will of the people if you will. >> patty, is that true? what are the political ramifications of something like this? >> you're talking about the political ramifications in greece, for example if they decide yes we'll take these term

in the economies of spain and portugal are also growing. and we will speak about greece.we will simply be reporting on how things stand and hope that current talks will have a successful outcome. >> it was actually the g-8. since then, we've had the euro crisis the arab spring. the syrian civil war has begun. what has changed in terms of your role? >> the international economic, and financial crisis was a big one. it changed a lot of things. it is shaped by a policy of very low interest rates. we are still going to have to deal with the task of getting ourselves out of it. we have developed far better banking regulations. and you ask about the role of germany. back then, there were things like climate change which we are still working on today. the issue of climate change was always an important one for germany and it still is. we look forward to the paris climate change conference. there are some new issues. the topic of health did not play so many -- as much a role. everyone has their own issues that are important to them. >> chancellor merkel, thank you. >> talking to

fortunately we have models, the country of portugal for example, seattle is getting people directly in services and housing which has shown great success in addressed recidivism and reducing cost. i would encourage you to look at these models. >> thank you for this hearing. >> thank you. >> thank you, i'm amy, i echo everything said by the public defenders office and coalition of housing and speaking on the racial bias issue. i watched "take the hammer" where an african american author came to bayview and it was in the height of redevelopment. she talked to a group of people and said you can't even stand on the corner without police coming to break it up. i would like to say it different in 2015 but it's not. i'm like to tell you about a text exchange by a neighbor. he's an artist and community minding and dark skin tone. he said we need to end this racial profiling. i'm getting tired of cops stopping me and harassing me. he asked does this happen on divisadero. my friends are having the same problem. i just want to ask everybody who is listening right now, if you have never experience

people look for is the spread between the debt of other peripheral countries like spain and italy and portugal and germany. as you can see, there is a spain-german spread and it is rarely on the rise, hitting its highest level since last october. the fear is or what it appears to be is if something goes bad in greece will we have to start talking about what other effects we will see in other countries. alix: let's get a read on what other people think. from newport beach, california. and also our chief u.s. economist. how much do you care about greece right now? the topic right now and it will have pretty good if locations for the market area there is clearly an opportunity to tap italy and spain government bonds. the yields are 2.3% to 2.4%. basically trading at the same level as 10 year treasuries and the economy is growing slower with inflation running at least 1% below where we think the u.s. inflation rate is. has createdtuation an interesting situation. you talked about those spreads widening. between italy and spain versus 160 basis points. the euro will be weaker. one of our teams this

the one thing that people are looking for is the thread between the debt of her feel countries, portugal, spain, and germany. spain-german spread, it is up highest level since last october. the fear is, if something goes bad in greece, we have to talk about effects in other countries. ,lix: i want to bring in mark from pimco, he is joining us from california. the chief u.s. economist. mark, do you care about greece? >> we care about it. it is the topic right now. goodnk we will have implications for the market, there is opportunity to look at the italy-spain government bonds. basically, they are trading at the same level as tenure treasuries -- 10 year treasuries and inflation is running about 1% below where we think the u.s. inflation rate is, so the greek situation has created an interesting situation. he said about those spread, the spain,between italy and that is about a hundred 60 basis points. that is attractive. and the euro is going to be week your -- weaker, so we think that the fred is going to raise rates and there is a global divergence between the u.s. and europe. think they

en el viejo continente, portugal necesitÓ de la mejor versiÓn posible de su estrella, cristiano ronaldoen el camino al croata, un peleado encuentro con parciales de 63. ahora seguimos con mucho mÁs del noticiero univisiÓn. >> muchas gracias. por ahora los dejamos a ustedes. los esperamos en la ediciÓn nocturna. ♪ ♪ ♪

in portugal it might be continuing contagion.se of italy, i might think they would see the level of loss of wealth. given the importance of wealth in italy, people depend on the wealth of parents to keep them going. the italians will be deterred. though i am optimistic about the scope for greece to do well i think the government is unlikely to be adopting optimal policies by any means. the danger after them having some kind of protection and not embracing structural changes quite high. the initial turmoil will be high enough in greece that that would encourage the others. francine: we have to go. thank you so much. , more on the latest fifa scandal developments. a former official admitting they have been taking backhanders for years. back in two. ♪ guy: welcome back. you are watching "the pulse." let's talk about the scandal surrounding fifa. the newly unsealed court documents that shed light on bribery and money laundering allegations. what do we know about these documents? >> this is involving chuck blazer, a former official. h

today, the second weakest country is portugal. portugal has implemented reforms.e gap between greece and the second weakest country in europe is very large. we could say maybe markets are too much upset with this question, because the risk of contagion exists, but i think it is very small. especially if we compare with the situation three years ago. a big change in the meantime is the fact that the ecb is now prepared to halt any contagion, to make sure the risk of denomination is not there. basically, the ecb has unlimited firepower to purchase bonds from other countries. maybe markets underestimate this new feature in the greek crisis. francine: bruno, do we need debt restructuring? how painful would that be? greek debt restructuring. >> one way or another, i think that we don't know exactly what kind of deal will be signed. i think it is fair to say that today, greek debt is unsustainable. so i don't think that we will have a right off. i think the officials are prepared to say to the greek government, we may in the future consider maybe lengthening of the majo

in spain, portugal and greece - that's interesting.is less about the difficulties that people in the u.k. are facing, and sending a warning to the leadership in the u.k., that people don't want them to become a bunch of austerity loving angela merkel >> it's a great question, probably both. when you have 150,000, 250,000 in london, and tens of thousands in glascow and bristol and other cities, there's a lot of complicated emotion. they are not all going to march off the same hymn note there. most of them are worried that they are in bad shape. their kids are in bad shape, and most are moral many ares folks of the cloth. this is about lifting others off. and building a society that is inclusive. these are many-spirited and divisive leaving many behind maybe the most vulnerable. >> as we sit in new york, i am sure you knew the question was coming, how does the unrest, and what is going on in the e.u., how does it affect us over here. >> it effects us a lot. the european nations, they are about 20% of the global economy. folks imagine it

it could spill into debtor countries like spain, portugal, italy.ancial market correction is 2-2.5% in asia. it's bad but not catastrophic. we've seen the euro go down 2%. bad, but it's not going to be a fallout for theure/going forward unless the contagiousion kicks in and that's whether they can stitch together a final deal. let's not forget that the gap between greece and the eurozone is just an additional 2 billion euros. if you really want greece to go through this, over 2 billion euros. we'll see if a last-minute deal can be stitched together. >> the government had been staufrnsly against these capital controls, as of now, the people can only withdraw 60 euros a day, roughly $70 a day. how much hard irwill life be for greeks this week and how their that impact the local economy? >> there's also the question of how much more difficult life can get for the greeks after the last six years. they've lost 25% of the economy. to break it down, that's $10,000 per family, errol. it is severe. it's not a recession. it's a depression. as you suggested, t

was found in other banks thezo6>z question is, is greece with itself or is this big center is this portugal, spain, is this italy? is the southern tier of the eurozone infected with the same sort of bad necks and debt that is affecting greece? we can handle greece. the markets are trading off significantly. we're not going to be able to handle without major disruptions to the global economy italy going down, italy is a major industrial country. it is i think the third largest economy in the eurozone, and if this contagion spreads, if the marks start looking at portugal and saying they're not that far away from greece in terms of their economic systems and their debt. and then starts looking at spain and saying, well, we have to take it out on spain, and i then italy -- >> all of europe, which would require a lot of european stock change funds and the rest were under -- >> and then our banks are affected by that. jp morgan, thinks that greece is manageable. all or banks basically have been hedged. their exposure reduced. greece is not the issue. it's the spread that is an issue, and i think

and other countries went through very difficult times with violence portugal and spain and cyprus tose few countries. all governments to very difficult decisions and some of them it has been forgotten and the high political quest for their solidarity and financial support to help the most vulnerable companies. this is what the priorities should be. responsibility is by biographies and countries before parties and i have seen firsthand how difficult it has been for these countries to work through the crisis and the social hardship that it came with but political leaders in those countries showed responsibility and made the necessary decisions which are now obviously paying off. you know well that the greek people are very close to my heart. this is not sentence and that is why again and again and i proved it in resent years to be on the sight of the greek people i do trust. i know the hardship. they have been true and always said we have to pay more attention to the social fairness of our program. >> listening to the eu commission of president claude speaking in brussels about the cri