you mentioned qatar in the middle east. you're in some deals there.hat's important about the middle east for nyse neuu euron? >> a lost regions of the world are important growth engines to where we go from here. the middle east is one of them. we spent a lot of time trying to figure out who the right partner in the middle east would be just like we'd do in any other region of the world. and we settled with qatar because we thought they were looking to take their exchange to a new level. we think exchanges are part of any emerging economy. we think they're the right partner not only for building an equity exchange with but potentially doing some interesting things in the commodity and index derivatives space over time. they play a pretty important role in that region. >> sheikh hamed, the head of the sovereign wealth fund, the qatari investment authority, has been on this program. >> yes, he has. >> and been on the exchange on the program. and he has been really effective in terms of trying to build out that economy. what are you getting from the middl

it endorsed talks with the government of qatar for a possible purchase of stake. it's unlikely to affect the anticipated talks with volkswagen. you heard ben mention it, credit suisse shares are higher after posting a pretty good set of second quarter figures. a strong performance helped net profits come in at $1 billion. the bank's capital ratio also means it's now one of the strongest capitalized banks in the industry. also in switzerland, roche helped upgrade its earnings for this year and next. despite that, the bank reported a 27% drop in first quarter profits. roche is the world's biggest manufacture of cancer drugs and it's still pretty upbeat about its core business. >> we expect double digit growth for core eps for 2009 and 2010. >> and he expects the company to expand treatment of its tamiflu treatment. >>> south korea's top automaker, hyundai, posted a second quarter profit that zoomed past expectations. that's 48 higher from the year before. earnings got a boost from the weaker won as well as the korean government's on o to prop up domestic demand. and

is your policy or qatar's policy? second part of the question regarding the saudi relationship and the fact that you don't receive instructions from the politician but everybody knows in the arab media here and i'm not sure about the americans that following the qatar saudi improving relations, qatar is like a 6-year-old ballerina. you don't support saudi arabia or invite any critics. your coverage actually is even much softer than the saudi press itself. where does that order come from? >> you know, it is interesting that we have anti-shia movement. [inaudible] >> so we are anti-shia and pro-shia operations. i can listen to a lot of things and what is interesting about al-jazeera it has created so much diversity of opinion about itself. that we are not, you know -- i think we have been criticized by all kinds of people. you said that we are anti-shia in the arab world. not in iran. he said that we are pro hezbollah -- okay. -- >> it sounds like you're doing your job. >> i say we are not definitely. and a lot of our p

we myself a deal being struck with qatar. only sources. the company doesn't want to mention anything. we have a board meeting on the 23rd of this month by which the market is protecting a vote on an injection by qatarys. up about 2.4%, the first increase in about 14 months for european car sales and new regular stralgzs. daimler up about 4% and m.a.n. up about 3.4% on the word that they are restructuring and we might soon see a deal between m.a.n. and scannon. >>> alcatel lucent is driving the market higher on the back of merrill lynch which raised its recommendation from under3r6r78 to buy. the tech sector is in good shape today on the back of the announcement from asm in the united states. a supplier of silicone and microis up nearly 7% right now. we've got some social news. the french employees of nortel are threatening to blow up their factory outside paris after the company went bankrupt on may 28th and announced 683 job cuts. they are protesting against the lack of dialogue with the administrator of the company. employees said some g

qatar is a country that has become completely subservant to iran. their news media, al-jazeera, is influential throughout the world. they are fearful of an attack of iran. there are small countries. they have very limited military capabilities. they do have a lot of energy. and the question is, are they going to follow iran's lead in one form of another rather than be taken over by iran in one form or another? and how are we going to cope with that? because these are not issues that are going to cause the united states as a country to stand up and say we have to go to war against this country. there was' no real appetite for that in this country. there may be that kind of an appetite in some sort of foreign policy circles who deal in this kind of hard edge realism. but we do have a burgeoning problem here and there's no way of escaping it. we can't talk it away. host: we are going to change topics on you here. we're already halfway through your discussion with you. and i want to show the audience what "the new york daily news" looked like after bern

and if they get together with this offer will funds of countries like qatar and kuwait and to buy you could get that up to three or $4 trillion not only do these enormous decide where the money is invested, they also allocate the 2.5% of your portfolio that has to go to charity. it's like the muslim tire dingley it is 2.5% and they decide the charities. and they are all of the hamas and hezbollah terrorists runs. in fact the record of the designating charities subsequently blasted number of the bush administration is enormous. and if you run afoul of sharia law like you are a trucking firm and one day put pigs in your truck you have to pay 7.5% find they also decide where that money goes. now in this book in every chapter at the end we have something called the action agenda that tells you how to fight back and here is something very specific. frank gaffney, former undersecretary of defense, great guy, head of the center for security policy, the speed mine is in a book, has launched a lawsuit. all right, backing a lawsuit against aig and it's really cool. he says that aig sharia compl

although porsche says they're sclus itchly talking to qatar. interesting, volkswagen/audi, the best sales in the first half year ever in china. so they're doing well in the asian market. 28% unit sales were you up there. we've seen this for a number of months. and the other part of the story is, of course, the banking story. credit crunch, yea or nay. the german finance minister struck the bows of the banking sector and said you either pass all the liquidity that the ecb flushed into the market on or else we might have to think about something else, like side stepping the banking sector by giving direct loans to the corporate sector. all these things are possible. the ecb has said similar things, not quite as harshly as mr. steinberg did and the recent figures support that. the latest report out of the ecb says that out of the 442 billion euros that were flushed into the money market last weeng, 35 were packed back at the ecb. that can't be the idea of these liquidity injections. chloe, what sup in asia? >> sylvia, great to see you again. a lot

. >> qatar?now you're going would qatar? >> i like to go back and forth. meantime, porsche's ceo of and cfr are out. >> the e in had opposed a merger. the ancestors founded both companies and they're like cusps and they're trying to run and trying to take each other other. only in germany. it's a bizarre story. >> so now can we say that you drive a porsche wagon? >> she already slammed me for that. >> the engines are both in the back, right, in both cases? >> yeah, that's true. >> i like the way the jet ta moves around. >>> the company used part of the asset sales of collateral later this week. the lenders would have to approve a transaction involving the aircraft oornts. i saw people keeping a very close eye on cit. the stock was down about 11 cents yesterday. >> it will be interesting to see what happens long-term. microsoft says windows 7 is ready. windows 7 is on track to go on sale as expected on october 2nd and microsoft promises switching to it will be smoother than the transition to the p

sharia compliant funds, and if they get together with the sovereign wealth funds of countries like qatar and kuwait and dubai, you can get that up to $3 trillion and $4 trillion, and not only do the eye mams decide where the money is invested, they allocate the part of your portfolio goes to charities and they decide the charities and they're all hezbollah fronts. their record of designated charities that were busted under the bush administration is enormous, and if you run afoul of sharia lie, like you're a trucking firm and one day you put pigs in your truck you have to pay a 7.5% fine and they decide where that money goes. in this back, we have something called the action agenda, that tells you how to fight back. and frank gaffney, the former undersecretary of defense, head of the center for policy, has launched a lawsuit. correction, backing a lawsuiting against aeg. it's really cool. he says that aeg sharia compliance fund is an act of the government which now owns 80% of aeg, and as a result violates the separation of church and state. because it's government funding an institution

and if they get together with the sovereign will funds of countries like qatar and kuwait and dubai, you can get that up to three and $4 trillion. and not only to these demands the side of the money is invested, they also allocate the two 1/2% of your portfolio that has to go to charities like the muslim tithing which is two and a half percent and they decide the charity. and they're all the hezbollah terrorist friends. in fact, the record of their designated charities that was subsequently busted under the bush administration is enormous and if you who run afoul of sharia law like if you are a trucking firm and when they put things in your truck you have to pay a 7.5% fine, they also decide where that money goes. that in this book in every chapter at the end have something called the action agenda that tells you how to fight back and in it is something specific. frank gaffney, the former undersecretary of defense, great guy, head of the center for security policy, the url is in the book, has launched a lawsuit and is backing a lawsuit against aig. it is really cool. he says that aig

military spokesmen here in afghanistan and down at headquarters down in qatar and the answer i've gottenre and an investigation is underway. that's all we're getting from authorities. afghan government officials we talked to based in the ghazni province, we spoke with them, they said the crash site has been sealed off by foreign troops on the ground preventing any afghan forces from getting into that crash site so afghan officials could not add any details as to the cause of this crash. i really can't give any further explanation, betty, as to why these aircraft have been going down. >> it's very curious, nonetheless and we're waiting to hear the latest on those investigations. thank you, ivan. >>> also want to tell you about this important story. an american soldier believed to be held captive in afghanistan, shows up on video and appears to be alive. >> this is according to the associated press. two u.s. defense officials confirm the man you're seeing there in this video is the american soldier who went missing from his base in eastern afghanistan last month. it shows the man as you se

he favors the investment from the government of qatar. >>> profit software has climbed 7% in the last quarter. the german business software group says it can beat growth targets after it completes insolvency of sheer. the cfo says he sees further opportunities down the line. >> i think it is likely that in another two years or three years that we will be prepared to make the next step. but we are a very focused company. that means now we focus on this one. that is our goal. >> apple's third. quarter profits rose 13% beating estimates as the company sold more than expected iphones. apple also saw strong sales of mac and ipod. this suggests while consumers may be cutting back some spending, they're not holding back when it comes to apple. the company expects quack to school season results to top forecasts. frankfurt at this hour is up about that, as well, trading at $110.61. yahoo!'s second quarter profits rose about 8% thanks to cost cuts. that helped soften the month of a 13% drop in revenues. as advertisers continue to reduce spending during the recession. the ceo carol bartz says cu

major shareholders are expected to another bid from the government of qatar for $10 billion.cept that agreement, it's likely the ceo of porsche would be removed from power. shares of both companies are down pretty heavily in germany at the temoment. >> indonesian police confirmed that twin attacks in two luxury hotels mirrored previous attacks from the militant group jemaah islamiyah. under the shadow of the bombings, asian foreign ministers who met on thursday ahead of the asean's regional forum, the continent's biggest security dialogue. >> final thoughts from emily sanders. talking about richard saying the one place where you have been making money. corporate credit, not necessarily the aaa stuff as well. how long can you continue to run that strategy? >> you can continue to run the strategy as long as the spreads are good. and if there is a sector that you can say we're in love where right now, it is corporate bonds and preferred stocks. nonfinancials. we're staying away from any kind of financial credit. however, there's really good rates. they're pretty secure. with the

on the agenda at porsche, a possible investment from qatar to come through and bring around $5 billion euros to reduce the 10 billion euro debt at porsche. all in all, that's frankfurt. over to paris now. >> in paris, patricia, the market is slightly down. but that's limited compared to the 3.6% gain we had over the last three sessions for the french markets. reno, nissan is trading higher in paris after the ceo of the company indicated that it wants to double the market share of the company in brazil from 5% to 10%. they believe it's important to remain competitive in that country. we have this morning a couple of numbers to digest. in line with expectations on a gain for the quarter, is guichard-perrachon. also up is a group which met expectations in the third quarter, but the company confirmed its operating target, should be around $% in march. on the downside, the wine and spiritmaker reniqatom dropped 7.5% in the first quarter. the company says it's confident, it can deal with the difficult market conditions, but the stock is down by almost 2% and dragging lower. that's the story

fly business class abard qatar airways and arrive in ultimate style via paraglading. next five days and dine under the arabian stars of nights. you'll then transfer to the capital of owe man where scuba diving and historical pressures await, as does a visit to the sultan's private palace complete with camel rides and a romantic trip to the desert dunes. >> so what do you think? >> oh, my gosh. i am blown away. >> no matter where you go, it's going to be amazing, as you saw by that. so, misty, you and virtuoso travel did a great job of putting together some great packages for you, leigh and nick. coming up next, a lot we should tell you. it's up to you to decide for them and the choices are once again, a cruise to grand cayman. australia, number three south africa, or honeymoon number four is oman. you can cast your vote at todayshow.com or text the number of your favorite destination to 46833. this time voting ends monday at 2:00 p.m. eastern time so you have a little more time to think about it, perhaps. we're going to hold off on revealing the winner until right aft

qatar has benefited from us because it has hosted al-jazeera and al jara is also in the connection because it really made that are obvious on the international and region scene, but that does not mean that al-jazeera took a line or to be the spokesperson of their politics. that is not the tool. if it wasn't true we would have never been accepted by the arab audience as the resource because many other channels in the region were established with billions of dollars, much more than what they spent on al-jazeera but they could not really match al-jazeera and its political and popular because they always continue to be the mouth of certain governments. that was a red line that we did not support. clas. . i have a special knowledge, for the people -- and i remember al- jazeera since you began. living in the middle east in hearing the coverage that is here, and hearing the language -- it was very hard to get the real news. i want to commend you on the service that you provide for the world community. my question is, at the momen do you have foreign journalists working on your staff? foreign jour

qatar has benefited from us because it has hosted al-jazeera and al jara is also in the connection because it really made that are obvious on the international and region scene, but that does not mean that al-jazeera took a line or to be the spokesperson of their politics. that is not the tool. if it wasn't true we would have because many other channels in the region were established with billions of dollars, much more than was spent on aljazeera, but they could not really match aljazeera and its credibility. the always continue to be the mark of certain government. that was a red line that we did not cross over. >> my name is christina. i am a unconsultant. i have lived and worked in the middle east for 10 years, and as such, i have a special knowledge with the american people. i have been a follower and admire your of aljazeera ever since you began, -- and admirers of aljazeera. -- an admirer of aljazeera. i do not just get my sources from the west. i really want to commend you. the service that you provide for the world community, not just for your own region. my question is, at the mom

guy named a thorough update from canada, is in a band, leads a band, and had his cherished rise to qatard airlines. he actually looked out the window, someone tapped him on the shoulder and said are they tossing guitars out there keep you in fact they were. they broke it euros guitar they were not pay him back not compensated him what the duke? >> clayton: this breaks my heart because my guitar, a little sleight neck if they break his guitar -- >> ainsley: guitars and cars. >> clayton: that's all i got. so he decides how do i get back the united to give let's write a song about it. that's why we can do it. with the new guitar. take a listen. try once a big help you are you broke it you fix it i should have fun with someone else or gone by car. because united breaks guitars theater it's a good song. >> dave: it's a good tune a good video the guitar cost 3500 bucks but they would not pay for it or reimburse them so he wrote that song. it's been a huge hit on youtube. you can add to the frenzy. what's happening now? united has reacted and it appears they may do something and uses as an exam

does treasury as qatar percipience what they are doing with the money?o they ask them that question? the overall, no. they have asked bank of america, and aig are the only capital recipients that are required to report the use of funds because some of the extraordinary systems also have reporting requirements but as far as the rest of the recipients, the treasury says no and they won't do it because it won't be meaningful. it will be reliable information so course the question we ask is if it is a meaningless exercise were you doing it with respect to, bank of america and very recently aig and we haven't really got an answer to that question. >> i think it is very important because in creating this in a discussion, it is about job creation and of course i think that we need to have the information to determine in terms of what they are doing with it, because when i look at the fact that in the minority community, that the unemployment rate is 15.5%, and of course 29% generally, so it appears to me that that is illegitimate kind of question that should be

qatar has benefited from us because it has hosted al-jazeera and al jara is also in the connection because it really made that are obvious on the international and region scene, but that does not mean that al-jazeera took a line or to be the spokesperson of their politics. that is not the tool. if it wasn't true we would have never been accepted by the arab audience as the resource because many other channels in the region were established with billions of dollars, much more than what they spent on al-jazeera but they could not really match al-jazeera and its political and popular because they always continue to be the mouth of certain governments. that was a red line that we did not support. clas. . my question is, at the moment do you have foreign journalists working on your staff? foreign journalists -- and which countries are they from? and what is the editorial policy regarding their coverage of the news? >> fang kia. >> we have actually the most diverse newsroom. we have about 53 nationalities working for our newsroom. from a vague arab world and all over the world, from america and