mace cast your eyes on a rolls, a rolls-royce.or those occasions when traveling in anything less just won't do. mark phillips takes us inside the legend. you'd think this would be enough, the spirit of ecstasy, the winged lady to you and me, long the symbol of the car that claims to be the essence of motoring elegance. but sometimes having everything means wanting more. more than the hand-chosenleth from at least 15 bulls that are used in the apull industry of each car. apparently hydes from cows have stretch marks. the painstakingly lacquered woodwork. it seems nobody bias a rolls-royce off the rack anymore. for this kind of money, you want to stamp your own identity on it in addition to that of charles rolls and henry royce. if you're spending $300,000 or $400,000 on a car, i'll they again, if you're spending $300,000 or $400,000 on a car, you not only want something special, you want something different, different from all those other guys spending $3,000 or $400,000 or $500,000 on a car. here if you want it, they'll give it to

it is rolls-royce.e are back in two minutes. ♪ >> "the pulse" is coming up at the top of the hour. guy is joining us with more. earlier we heard part of your chat with the business secretary. >> u.k. business secretary. >> yes, not the u.s. >> he was promoted, or demoted depending on your point of view. i talked to him. pound is trading at a five-year high this morning. i got the sense from him that he would rather see the bank push on the macro prudential rules, aowdown what is clearly housing market bubble in certain areas but he doesn't want to push the interest rate story that hard just yet. >> we do have a serious problem in parts of the housing market. the bank of england has other mechanisms to deal with that other than interest rates. >> and he is weighing in on the ge-houston bid. -- ge-alstom bid. the industryat minister is an impressive character, which i thought was interesting. many people have described him in other ways. britain has had a whole series of takeovers by foreign companies whi

the military parade as we can see now the royal family being driven through the city center in a rolls royce coming king felipe a takes over the throne from his father juan carlos ortiz alexy takes a look now at the challenges the new royal will face. almost four decades since one catalyst to the throne in spain being treated almost as a hero he has left the palace with a better reputation his family's biographer says he son philippe faces an uphill

rolls-royce cut at trade. >> price-cutting by competitors is hurting.ing a second straight drop in same-store years ofer nine unbroken growth. here is charles allen. nine years of good times. now negative same-store sales. what is going on? >> inflation is down. it's not only overall price-cutting bud rates of inflation have followed. we are seeing consumers continue onchoose to go on spending things like clothes where retail sales are a lot stronger. at st. mary's it is just difficult. i suspect april was ok. it was over easter. martin may into june have been much more tricky. >> i can't eat my clothes. something more tricky is going on. he leaves this in the hands of mike coop. what we make of the transition? forhey have worked together seven or eight beers at sainsbury's and had worked together before that. i don't think there is a huge difference. i think they will make sure that works well and st. mary's -- bury'svery -- saint remains competitive. >> it's in a better position. i think i am right in saying the market share hasn't buzzed while others

you want 60 rolls-royces? we'll get you 60 rolls-royces. you want a new disciple tonight?ou a new disciple. you want to fly on a jet, we'll get you a jet. whatever can make you happy. and the trade-off was the bhagwan would say okay, you're number one, you're in control, you take care of all the details. i don't care how you do it. >> the rajneeshis were becoming paranoid for many reasons. they were being investigated for possible immigration fraud. and there was growing internal conflict between sheela and other commune leaders. >> nonsense, you'd better believe me, i'm a tigress. >> she and her group were in a power struggle with another group which we always kind of called the hollywood faction. they were rich members of the cult, headed up by a lady who was the ex-wife of a hollywood producer. >> the struggle was for control of the guru, the cult, and its finances. former cult members told of plans to assassinate several local politicians, rival cult members, a united states attorney, and journalist les zaits in retaliation for some investigative pieces he had written

, rolls-royce, as well. oil demand. they are running down inventories by resilient and the petrol company over there. they could slump. keep an eye on that. profit is down seven percent. a surprising drop in profits. it has been anticipated and there have been worries by the analysts in the emerging-market currency. there is week this that we are seeing. >> thank you very much. hyde with theine markets. we are joined now stop good morning. let's talk about government bonds. in europe has tightened up significantly. >> yes. >> we are talking about that and emergedk and friday, it and yesterday, spain. lower than the u.s. government bond. we're talking about an incredibly low yield all stop >> they still have room to run. spain, for many months. newsnot see any positive pushing this. obviously, it is a direct consequence of the ecb and a consequence of a lot of positions. be some room may to tighten. >> talk about maturity. he has been down. you have some of the longer data. >> that is scary right now. there i

a personal butler will tend to your every need and chauffeur will take you governor in a rolls-royce.want to leave the suite after you see the multimillion dollar views. >> unobstructed views, 360 degrees, regardless where you stand in the suite, you have a diagonal view, a front view, into all four directions. liz: agoraphobs, need not apply. it is gorgeous. david: i would get vert go. i couldn't do it because of vertiggo. the friendly robot that challenged president obama to a soccer match? why you may see a little more of the sporty japanese robots in the 2020 olympics? i ys say be thman with the plan but with less ergy, moodiness, i had to do something. i saw mdoctor. a blood test showed it was low testosterone, not age. we talked about axiron the onlynderarm low t treaent that can restore t vels to normal in about two weeks in most men. axiron is not for use in women or anyone younger than 18 or men with prostate or breast cancer. women, especlly those who are or who may become pregnant, and children should avoidt where axirons applied as unexpected signs of puberty in children o

they were rolls-royce is with machine-gun tourette's -- rolls-royces with machine-gun turrets. people have said that they put kermit in the british army to save him from going into the meat grinder of the western front. he winced decorations fighting in the british army. -- wins decorations fighting in the british army. the point of him going into the british army was to get in sooner. he transfers to the american army so that they are all there. two of them are there. archie gets wounded and comes back. he is back at sagamore hill. as you know, quentin gets shot down in 1918 and make the ultimate sacrifice. that takes the boy out of tr. tr had been famously bubbly and -- ebullient. the thing i like to share that it thing i share with him -- a thing i share with tr is that we like to have fun. it really takes it out of him. it is a downhill slide and he only last a few months. roosevelt is pushing for the united states to get ready. in 1916, woodrow wilson is legislation put through because of the lusitania making it apparent that things are dangerous out there. even woodrow wi

this is a rolls royce. we have two of them here take a look at this one. unbelievable.lamborghini. all the guys who own these cars will come down and try to wake them up there must be up and the hotel. who knows what they have been doing all night. it will be an incredible scene. i will see if i can get inside one of these. dan, you and i need to do our tore across the country in our ultimas. >> i like the idea but has to be a 2003 altman because that's what i drive. proud of it. >> i think i have a 2005 car. i stopped remembering the year. check this out. look at this one pulling up. at 8:00 a.m. believing. so if you are in the area, down. 200 of these cars will be driving around town. >> what's your pick? which one? >> i don't know. maybe i'd go with the old to month. o did you mean the fancy cars? the fighting men between 10 and marcuses car. i could just keep the bus. here's your current temperature. wind out of the north at 5 mi.. dew point is 49. talking about the temperature- dew point only five or six degrees which means that a small depression so we have potent

one of the biggest gainers, the arrow engine maker rolls royce, makes the engines. second largest in the world, will use the entire proceeds from the sale of their energy business, the turbine business, to siemens, $1.7 billion, to buy back stock though there are acquisitions down the line. rolls-royce, doing well. the big one, clearly who were buy alston. trying to push forward a plan. the latest from parrotis, a socialist, from france, a tiny stake in alston for themselves. speaking of socialists politicians, remember this wo? n in charge of power, energy in france. scrapping the prices coming through at the beginning of the fall. you can see state-controlled down 8% in response to that. one more, in madrid today, they've got a new king. felipe 66 -- philip vi. and frankly, guys, small consolation for the fact spain was kicked out of the world cup last night. undisputed kings of international football for six years, and now heading home. >> my favorite headline, the reign of spain nends pain. in the "journal" today. unbelievable match. >> it was. and sand, kind of

difÍciles en medio de aplausos, la familia real visitÓ las calles principales de madrid en de este rolls royceefectivos 170 francotiradores y helicÓpteros custodiaban los pasos del monarca. se ve muy bien, vaya aguante y templanza que tiene. a la puerta del sol llegaron un grupo que favorece a la repÚblica protestar. >>> no queremos una monarquÍa y una repÚblica, con representantes elegidos para cerrar con broche de ahora la nueva familia real llegÓ al palacio, recibieron 2000 invitados de la sociedad espaÑola en una recepciÓn para celebrar una nueva etapa para la monarquÍa de la naciÓn chltd maÑana mismo comienza una apretada agenda para los nuevos reyes, felipe vi se reunirÁ con rajoy. esto es todd madrid espaÑa, regreso con ustedes al estudio. >>> muy bien vanessa, muchas gracias >>> un grupo de congresistas demÓcratas entre ellos el senador de nueva jersey bob menendes y luis gutiÉrrez propusieron en washington un plan para lidiar con la crisis humanitaria de los niÑos que cruzan solos la frontera. son 20 puntos tratar a los menores como refugiados dicen ellos que son, los pequeÑos que pre

habÍa aconsejado que usar algÚn coche cubierto los nuevos reyes y sus hijas se desplazaron en un rolls roycedesde el balcÓn central del palacio. >> regresando a nuestra cobertura del mundial de fÚtbol, los visitantes se han encontrado con una prÁctica muy comÚn en donde los clientes de 1 bar local se sientan alrededor de una mesa y se unen a una fiesta conocida como roda de samba. nuestro enviado especial nos mandÓ el siguiente reportaje desde el gigante suramericano. >> los brasileÑos tienen la mÚsica por dentro y para armar la fiesta se pintan solos. en el paÍs y especialmente en rÍo de janeiro hace mÁs de 80 aÑos cobrÓ fuerza el movimiento de samba, chicos y grandes, hombres y mujeres de manera improvisada se reÚnen en un cafÉ un restaurante, llevan sus instrumentos y comienza una rueda de samba. >> venimos despuÉs del trabajo, es algo como natural. ( mÚsica) >> el tan tan.. el pandero.. y la guitarra de siete cuerdas. y por supuesto si hay fiesta hay mexicanos como chucho lÓpez. >> realmente te hacen sentir como tu casa, mejor porque en tu casa te corren... ( mÚsica) >> no importa que no

place will be taken on the squad after a devastating night for the 25-year-old player known as rolls-royce. >> marco reus hobbled off of the field after twisting his ankle and damaging a ligament. it is a bitter end to his world cup dreams. germany kicked into action in the second half. a substitute cross bonded. follow allowed armenia to equalize with a penalty. then, the floodgates opened. germany was back in the league quickly. later, benedict added another. ,ext was miroslav klose are making him the all-time top scorer in germany. clerks it is a sensational achievement. -- >> it is a sensational achievement. miro has played so long. he holds the record. >> an easy victory soured by the injury to marco reus, one of germany's promising young stars. >> there has been more unrest in host country brazil. police clashed with striking subway workers in sÃo paulo, fueling fears that unrest could disrupt the first match on thursday. in a countrymmense that sets the bar for being soccer-crazy. fashion trends might come and go, but one look is always a winner -- the diehard brazil fan and not be

. >>> rolls-royce is opening a showroom in cambodia? one of the world's poorest countries.eve demand will grow alongside the cambodian economy. that is today's "speed read." good luck selling cars. liz: better to be early. adam: maybe 100 years. liz: wages going up in vietnam. adam: boom in wages go up in cambodia. liz: a trial will determine whether college athletes will be paid to play. as the judge in california heard a antitrust lawsuit ucla. president obama met with the team back in the white house. adam: rich has more. >> adam, liz, there is so much moving on this front, the question of whether or not college athletes should be paid, president obama meeting right now with the uconn huskies, men and women championship basketball teams. there is court case that maybe athletes should be paid beyond the tuition and fees they get from the university. a $20 million doll settlement between ncc and athletes that is sued them because likeness on video became. national labor relations board is going over plim care any findings over a regional director said that college athletes

view a military parade the new king philippe the sixth being driven through the city center in a rolls royce the incoming king takes over the throne from his father on this application marks the end of an era of colorful people at the helm one carlos was one of them who represented the to its fullest and here's why to get the seal or he enjoyed his moment of glory in the one nine hundred seventy two olympic games where he shot him in the mix three person keelboat to survive a military coup back in the eighty's he went on t.v. in full army uniform and ordered troops back to their bases. many royals would pose for a photo having shot dead an elephant waltz and safari in africa while as a keen motorcyclist people were said to like him munching their. ride or helping those stranded on remote roads but what many will no doubt remember most is the time he had the guts to help the venezuelan president hugo chavez literally. want to not only have a look r.t. spanish correspondent to go via the host of in the way to talk more about what spawn your think about the royals. people in spain in spain care

the military parade as we can see now the royal family being driven through the city center in a rolls royce coming king felipe a takes over the throne from his father juan carlos ortiz alexy takes a look now at the challenges the new royal will face. almost four decades since one catalyst to the throne in spain being treated almost as a hero he has left the palace with a better reputation his family's biographer says he son philippe faces an uphill battle for. congress and a totally different they have different who he's in a different mentality the formal leave under franco's dictatorship the latter was brought up in democracy the question whether this could aid the new king or turn him into a brussels style bureaucrat at a time when the royal family's reputation has hit an all time low one of spain's most vocal opposition figures is skeptical claiming the change of face inside the palace would not change anything if. they talk about continued of the king of the queen of the president but it's the system that needs to be changed not particular persons people are demanding changes and the l

streets of the capital to watch the military parade held to greet the new level of drive by in a rolls royce new king later appeared before his subjects' on the one of the indeed shia on the balcony of the royal palace the crowning ceremony was kept no keys so as not to angus pena standing with austerity and into mourning kingdom. station is still scheduled to take place in the capital later today despite a ban. so when the spanish king bidding farewell should the coach of the nation's football team step down to reigning champions the spain's humiliating world cup exit has triggered a social media storm with means poking fun at the humbling of the team and known as the red few repeat your favorites among selection at archie dot com. also on our website as a chinese tycoon who throws a gatsby style party in new york but instead of inviting the big apple's rich and powerful will be welcoming a thousand broke americans. a heritage of some and an enemy of the state we can expound on julian assange is marking his second confined inside the dorian embassy in london and still the whistleblower refu

on the streets of the capital to watch the military parade hell to greet the new ruler by in a rolls royce the new king laid a period before his subjects' with his helmet no why. on the balcony of the royal. harmony with he so as not to and of dealing with austerity and to want to get demonstrations is still scheduled to take place in the capital later today despite a bad on t.v. spanish correspondent basis i go here and the host of in the now and he said now is that what you really think about their royals. to people in spain care well definitely people in spain in spain care and that's why thousands of people took on the streets to the streets recently i mean people actually wanted to have a referendum they really wanted to decide whether they wanted a king still in spain or they just wanted the keen to be out for ever so that was the main concern in a monarchy kind of state or going back to a republic because it's an expensive and it's to hold up oh it's definitely this these house these royal house is going to cost these three or twenty fourteen almost eight million euros that's what's

streets of the capital to watch the military parade healthy greeted the new ruler who were in a rolls royce of the new king later appeared before his subject with his home when i was glad to hear on the balcony of the royal palace running ceremony was kept low key so as not to anger mania dealing with us sarah team and into monarchy demonstration is still scheduled to take place in of the capital later today despite a ban all but and political analyst and michelle unction rada told us about the challenges that lie ahead for spain's one. is very different from his father he's very much his mother's song is very discreet but that is precisely what the spaniards need no want now understeer king the problem is for him is that the circumstances are not the right circumstances for the spanish more likely it has lost a lot of free speech it's not clear whether it is retrievable that free speech and then let's say the debate about the form of the state more likely or republic is already out in the street and the figures are not do not look very well for the morning a referendum would mean that the

wishing her showed to the most expensive room in north america and twitter told us it may have a rolls-royce. >> coming up today lance armstrong back in the news hour of legal panel tackles the latest lawsuit involving tens of millions of taxpayer dollars. also the new way to fight fraud in realtime. one step ahead of identity steve. >> and celebrity chef has some tips for the barbecue. the wallace report starts right now. gerri: we begin with a new warning about the housing market is the bubble about to burst again? new figures show a perfect storm may be brewing but for more i am joined by housing expert in housing economist with core logic. this is the great panel to talk to. i want to go over the revised numbers to stay home sales are in a decline by 4 percent with 5.2 million. so to get started is the recovery faltering? >> but we're now looking at another crash. we were not predicting a huge increase of home sales this year and a lack of availability with tight credit have slowed the buying patterns down a little bit. gerri: so the king and expectations that would be underwritten debt

rolls-royce rising. one billion pounds of shares to be bought.t is the state of play. ♪ . >> good morning, everybody. welcome back. you're watching "the pulse". actually what you're watching is live pictures coming from spain where king felipe is now doing the rounds, effectively, a guard of honor in madrid for him this morning. interesting. it wasn't a coronation that we saw for him. it is the proclamation. a subjectle difference i suspect for royal watchers and very subtle difference for the rest of us. nonetheless, we have a new king of spain. this is the first time we have seen the transfer of the royal family within spain. quite a big shift. i wonder who were the the spanish are weigh up this morning are more engrossed in this story or the fact that spain got knocked out of the night. p last >> by chile. ouch. >> they probably would have preferred -- something to think about this morning, the spanish on two fronts. the new king and the loss of a ground when it comes to the football world cup. >> the fed is sending global stock markets higher

does the $ showed to the most expensive room in north america and twitter told us it may have a rolls-royceong back in the news hour of legal panel tackles the latest lawsuit involving tens of millions of taxpayer dollars. also the new way to fight fraud in realtime. one step ahead of identity steve. >> and celebrity chef has some tips for the barbecue. the wallace report starts right now. gerri: we begin with a new warning about the housing market is the bubble about to burst again? new figures

would embrace the future be most expensive room in north america and twitter told us it may have a rolls-roycecoming up today lance armstrong back in the news hour of legal panel tackles the latest lawsuit involving tens of millions of taxpayer dollars. also the new way to fight fraud in realtime. one step ahead of identity steve. >> and celebrity chef has some tips for the barbecue. the wallace report starts right now. gerri: we begin with a new warning about the housing market is the bubble about to burst again? new figures

he's in a light armored mobile units, rolls royces them.machine gun turets on rolling through the desert. i would have rather been in a camel if i than a had been over there. i've been in meetings like this in which iscussions people have said, yeah, they put the if he wins fighting in the middle east, he ould have been stuck back here training for a year before he got over. the point of him going to the to get it in as sooner. then if his brothers are in the e, he transfers to american army kermit so they're all there. the ones that are still light at the end. them are there. once archie gets wounded and comes back. at sagimore hill by the end. gets shut down in july of 1918 and makes the ultimate sacrifice. something that takes it boy out of t.r. been ebullient and fun. i share that we both like to doing.un in what we're it takes the light out of his life. july is a real point of emarcation for tr from that point on. dies in january, 1919. roosevelt is going to speak to getting back to the reparedness movement, he's pushing for the united states to get ready. finally in 1916, woodrow w

a stroll through the engine display at the london science museum ends up at the rb 211 built by rolls royceny other engine symbolizes the contradiction in aviation. on the one hand sit is a technology marvel. ushering in a new generation of power plants. >> what we need in this industry to be really successful is a global mind set. the industry that makes global possible. and what that means is that everybody in it has to understand that part of it, they think globally in everything they do. an airboat that crossed tampa bay, but there is one thing that everyone still shares, balancing risk and reward. >> that's it for me. i will be back 5:00 p.m. in the situation room. "newsroom" with brooke baldwin starts right now. >> thank you wolf. hi there. thank you so much for being with me here on this monday. we have to begin this hour that the taliban held captive for nearly five years. a lot of questions here today. was freedom worth swapping five taliban leaders from guantanamo bay? did the president break the law in allowing the exchange to happen? and how is berdahl doing? we will get to that

so she wakes up christmas morning and there is a rolls-royce chauffeured by a driver from the been arcus and he comes to the door and hands her a box and there's a sequin models of the moon and the earth and a little spaceship going around the and she opens it up and pulls out the tissue in their subtle stars, everything bad a perfectly innocent mink jacket and accounts comes with a card that assist you in maryland, love the man on the moon. so repaired those absolutely extraordinary experience is in romantic experience visit your house and goings days. jim also named in the up after maryland named mount maryland of course. >> what about the farhat pants. he wore those? >> that was betty grissom. when i went to interview. they were all worried. but that he had sort of a bit of a wild side she called it. she shared with me her for high appearance. >> you took a number of months to go around and meet all the different lines of unit any of them and it sounds like you met them what they want. i know you don't want to pick favorites, but if you had to pick a favorite, who is the one you are m

cents from his father, juan carlo, after the ceremony philippe and his wife drove through madrid in rolls royce event considered low key, the country dealing with the severe economic crisis. >>> it is destin's child reunited. >> ladies have team up again making appearance, michelle williams new music video. >> the gospel track, say yes, will appear on will's fourth albumn john toy freedom, set for release in september. >> weren't being shy, raising aware fest for few non-profit. so they saw the photograph he is in the street while having lunch. so they decided to make signs, with the names of their favorite charities. they held up the cards, as you can see, and in front of their faces hoping to get the attention for a good cause. >> chris is so excited, so downloading this app. the kim kardashian empire growing still? she just released the trailer, trailer now for your app, for new mobile game called hollywood. so players can rise to fame and fortune by creating their own celebrity. it will go on sale next week. >> isn't that ironic? >> all right, amazon stepping into the smart phone arena, unv

as well as chauffeur who drives you in what else, a rolls royce.r queen in the penthouse's $65,000 bed. 22-carat gold is woven throughout the sheets. liz: ouch. scratch me. we asked you on facebook and twitter, which area of your life will see the biggest technological breakthroughs in the next five years. so here are your answers. elijah, hi, told us on twitter. currency. david: short and simple, to the point. phillip on twitter told us he thinks computers will make a come back strong. liz: and joe thinks one thing that will change technology is a whole, as a whole is grafhine. that is the flexible foldable touch-screen, i saw that at hewlett-packard in their lab. fascinating. yes. david: so is washington putting the brakes on the auto industry just as it is getting going despite stellar sales numbers for may? we'll find out when we come back. what super poligrip does for me is it keeps the food out. before those little pieces would get in between my dentures and my gum and it was uncomfortable. [ male announcer ] just a few dabs is clinically pro

. >> well to the icu were driving down in a rolls-royce. >> i borrowed it. [laughter] >> the answer is that the wheels were awed in both cases. in one case it was a very simple will and does frequently use under the law where rather than to list some 20 heirs, they just referred them to be -- that the assets, her assets should be divided, or should be delivered to the members of her father's family, and delivered as if she had died into a state. in other words, they became blooped into it out of that particular well by just saying the whole bunch of them were legitimately descendents of her father, will divide my estate. >> but paul is not descended from her father. he is descended from his father's younger sister. so if the will was thrown out, he wasn't a litigant. >> but anyway, there were two wills. the first one as this it was very simple. the second one is one that there was so much taint on it that it was probably, if it had gone to court they would of had a hell of a time figuring out how they treated that because her financial advisor and her attorn

we saw a rolls-royce selling assets because it wasn't big enough. we saw shanghai turbines take a stake in house tom -- in alstom. it's a consolidation. if they block the bid now alstom might run into trouble. >> where does this leave the men's? siemens in this marketplace? .> they are still quite strong they have about 30% of the european market if we look at what we have done. they have a similar volume low believe. they are a strong player. it could then affect them. both is an opportunity for players to increase margins on new equipment sales. played a think they very savvy game coming to france twice to talk to the french government about this? all thehink he played right cards? >> i think he had to, and i think he played it quite well. art of it was the fact that als tom didn't give them a heads up. i think that annoyed him and made him seek somebody else. they have definitely turned it around. coming here and having the right people to push through. i think they handled it fairly well in the end. incident scared off future investors in french

. >> some breaking news from rolls-royce, planning a one billion pound buyback.ent on the completion of the sale of businesses to siemens. but other than that news on the buyback, the underlying business, they are conferring the engine maker. aircraftld of the engine order. the world's largest cosmetic maker is back on an acquisition spray. what did he tell you? and talk to me just after announcing the acquisition of nyx cosmetics in the u.s., which is a way for them to compete with mac owned by estee lauder. it is also a way to reduce the sales -- the sluggish they have seen in america in the first quarter. they plan to turn around the brand just as they did with maybelline. they are not going to stop there in terms of acquisitions. we spoke on the sidelines of the .onsumer goods forum. he said he is just getting started. beauty someone has a brand to sell, they call us first. we found one we think fits perfectly and are complementary to our portfolio that has a big potential. confident we will find other opportunities this year or next year, but this is the sto

welcome to all of you at the military strategy forum and my special thanks to our friends at rolls royce who make it possible for us to make this series available to the policy community in washington. we're very delighted to have mike vickers with us this morning. i was serving up in the armed services committee when, i think, gosh, i can't remember the year, think it was 19, 1988 when we created the program 11 and the whole special operations command, socom and et cetera. . . >> bob gates felt that no one woule better to replace jim clapper than mike to be the undersecretary for intelligence. i think it's been masterful service, mike. we've been lucky as a country to have you at this crucial time. i know it's been challenging and wearing assignment, but you've shouldered it so wonderfulfully, and the whole community is grateful for what you've done. we're going to have a very interesting session this morning, and kath is going to be leading the question and answer period. so would you, with your applause, please welcome mike vickers, undersecretary for intelligence. [applause] >> well,

rolls-royce outperforming today up by 5.7% after the company lost a 11 billion pound share buyback. the enginemaker says as of now, no material acquisitions are planned, but the company confirmed it was on track to meet its guidance for this year. meanwhile, man group is flying high on the london stock exchange, up by 5%. the.company acquired numera holdings for $219 million. the acquisition helped with the u.s. and computer driven markets. moving on to the bond market, we're seeing bond prices higher and yields ticking lower on the back of dovish fed statements. ten-year bund yields are at 21.34%. on the back of the boe statement yesterday, gilt below that 2.7% level. here is what the forex markets are doing. it is all about dollar weakness, close to two-week lows in terms of the dollar index. let's have a look at these currency crosses, then. euro/dollar, slightly higher by 0.2%. dollar seeing some slight weakness as we discussed against the japanese yen. to some extent, this is giving a lift to some of the higher yielding currencies. keep an eye on cable. stuck above that 1.70 ra

welcome to all of of you and may special thanks to my friends at rolls-royce who make it possible to make this available. and we are delighted to have mike vickers with us this morning. i was serving in the armed service committee, i cannot remember the year, i think it was 1988 when we created the program 11 and the whole special operations command. and i think that we actually had mike in mind for who would be the leader at so-com. it took a while for us to find him. at the time, mike was serving in the cia and he had a long history in special forces and came to the administration to become the assistant secretary back in 2007. it was just the right time when he was brought in. the bush administration asked him to come in and give direction. he did a great job and bob gates felt no one would be better to replace jim clapper to be the secretary for intelligence. i think it has been masterful service. we have been lucky to have you at this crucial time. i know it has been challenging and wearing but you have shouldered it so well and the community is so grateful for what you have don

my special thanks to our friends at rolls-royce who make it possible for us to make this series availableo the policy community in washington. we are very delighted to have mike vickers with us this morning. i was serving in the armed -- i cannotmittee remember the year. wehink it was 19 88 when created the whole program and the special operations command, and i think that we actually had mike in mind for who would be the leader. it took a while for us to find him. assistant be the secretary back in 2007. the bush administration asked him to come in and give some direction. he did a masterful job. of course been gates felt that no one would be better to replace jim clapper then mike to be the undersecretary for intelligence. it has been masterful service, mike. we have been lucky as a country to have you at this crucial time. i know it has been challenging as an assignment, but you shouldered it so wonderfully and the whole community is grateful for what you have done. regard to have a very interesting session this morning. i expect this is going to be a very vivid and lively session. wou

in the streets pure jubilation as the couple drove by in their royal rolls-royce. their destination, the palace. [ cheers and applause ] the new monarchs waved from a balcony along with their two little princesses, eleanor and sofia. queen letizia looking regal and radiant dressed in an elegant white dress coat. a true cinderella story. she's a blue collar beauty and he a blueblood prince educated at georgetown taking over from his father king for nearly 40 years. the new queen, a youthful 41. a journalist who reported for cnn and spanish television married to a high school teacher when she met felipe on assignment. ♪ and soon left her marriage and her career for the strapping prince. >> prince felipe and letizia have been married for ten years. they have been on 73 trips officially and have visited 38 countries. >> reporter: while her divorce makes her a rare figure in the monarchy her middle class background compare her to another famous royal, and like kate she is quickly becoming a fashion icon, a woman of the people now a symbol of the people, as well. the for

my special thanks to our friends at rolls-royce who make it possible for us to make this series available to the policy community in washington and we're very delighted to have mike vickers with us this morning. i was serving up in the armed services committee when, i think -- gosh, i can't remember the year. i think it was 1988 when we created the program and the whole special operations command, et cetera. and i think that we actually had mike in mind for who would be the leader at socom. it took a while for us to find him. at the time mike was serving in the cia, had a long history in special forces, and came to the administration to become the assistant secretary back in 2007. we were -- it was just the right time when he was brought in. the bush administration asked him to come in to give some direction. he did a masterful job. and then bob gates felt that no one would be better to replace jim clapper than mike to be the undersecretary for intelligence. i think it's been a masterful service, mike. we've been lucky as a country to have you at this crucial time. i know it's been a chal