ism suggesting that samaras man electedget his for president.e still needs to hundred votes out of the 300 lawmakers in parliament. he only got 160. he only requires 180 out of 300 votes and he has a fighting chance of getting his man ushered into the presidential palace. not for lack of trying, he went tonational television and lawmakers the prospect of broadening his coalition if they president.s man as he offered to bring back general elections from mid-2016 if they vote for his candidate. there have been allegations that the government has been trying to bribe politicians to get them to vote for their man. a location that the government vehemently denies. mark, i know students of around , don'ten it takes place you? >> the opposite of what you think it might be. support,ithhold their i am here and they do not base it and they will shout out -- the name itself if they want to give the government their support for the candidate. >> and that's exactly what i said. greece is a country that sparked the crisis. if there are early elections, could

tomorrow we that get the second of the three key votes that entire samara's -- antonis samaras has calledmportant is that if he fails to get the 200 this time, 180 could be a struggle. the other thing is that united at causlled off its strike heathrow and that wick, that has been suspended. good news going into christmas. we will take a break. "surveillance" is up next. ♪ >> this is bloomberg "surveillance." markets stabilize. a liquidity and banking crisis in russia. a not so super saturday for retail america. christmas trees 90% off on the manhattan sidewalk. sony executives are not available for "the interview." this is bloomberg "surveillance," live from new york. monday, december 22. keene.m leslie picker, lovely to have you here. >> lots of coffee. several alarms. >> 5, i set 5. >> oil higher for the second straight day. saudi arabia says it is confident of a crude rebound. west texas intermediate futures climbed 2.5% in new york, oil opec decided to maintain production targets inno

samaras would step down?serve some sort of continuity as we go into this period when we are going to have to talk again about the extension of the current program, it would be better if we saw some kind of government in place? it is highly unlikely. that would require a level of consensus between the two major parties. probably a priority in greece. do you thing the current polling data is going to change? the leadment, it seems is beginning to narrow. do you think that narrowing of the gap continues or do you think we are getting to an understanding of what the is going to be? whatey will be affected by happens in the economy. the economy will be greatly affected by the uncertainty that will accompany this new election. however, it is difficult to expect the difference between the two parties being reversed. next more likely that the general elections will produce a result that will not make the formation of the government very certain, which will take us back to the situation we saw in 2012, when we needed

it is yet unknown whether samaras can remain in office. the greek stock index closed 4% below the previous week and at one point it was down 11%. ten-year bond yields surged to 9.8% at one time. concerns over greece's political turmoil hit other european markets. the stock markets in italy and spain also plunged more than 2% at points on monday. >>> italian authorities say not all listed passengers on a burning ferry in the adriatic sea have been accounted for. more than 400 people were rescued. eight are confirmed dead. the ferry had left the greek port of patras for ancona italy. the fire broke out before dawn on sunday on the ship's car deck. >> translator: the shock came suddenly. i was so scared by the falling floor, heat and large amounts of smoke. >> the ferry's manifest listed 478 passengers and crew members. authorities said they had not confirmed the whereabouts of about 40 of them. >>> china's communist party leaders have renewed their efforts to ensure loyalty to general secretary xi jinping. they say they will not tolerate the

that's is why this damage to my samaras is so interested.ust trying to say i did not keep my pledge to as the dust from the imf bailout programs by the year end but up on us another two months and please give me another two months. we'll see if he can pull it off. andn interesting christmas new year for greece. hans nichols joining us from berlin. morning,ur radar this cloud control. hosting pounds all morning on the key topics of tact and the bloomberg enterprise summit. you are looking at live pictures and we will bring those to you. we have great guests, god. we discussed security with him. guests comingat up. that looks like caroline hyde. we will be talking to a ceo, coming up later as well. credibleny facing a competition from google and amazon. how does he differentiate? are we seeing the diversions with in cloud computing? a political perspective on all of this in the tech sector. be joining us. she could be running for the mayor of london. how will she change the taxing if she were to --tech scene issuer to the mayor? please give us

it's yet unknown where samaras can remain in office. the greek stock index closed 4% below the previous week and at one point it was down 11%. ten-year bond yields surged to 9.8% at one time. concerns over greece's political turmoil hit other european markets. the stock markets in italy and pain also plunged more than 2% at points on monday. >>> google's free e-mail service gmail has been frozen in mainland china. internet analysts suggest possible blocking by the government. users say they have unable to send or receive e-mails through the service since friday. a singapore-based spokesman for google told reuters news agency there's nothing wrong on its end. china's foreign ministry spokesperson said she did not know about gmail being blocked. she did not mention any involvement by the government. officials in china have been cautious about the spread of critical opinion through the internet. the government has maintained tight controls and has blocked twitter and facebook. >> south korea's i.t. industries compete with the best on the p

samaras needs to secure the nomination to avoid a snap.ion party syriza, which wants to roll back budget cuts, cut when seats. -- could win seats. >> tomorrow night premiere of sony's "the interview" has been canceled. following hack attacks. the fourth largest theater chain in the u.s. has decided it will not screen the film. >> blackberry launches a smartphone. the blackberry classic will feature a return to the keyboard and blackberry 10 operating system. anlysts see the phone as attempt to win back professional users who have been put off by the touch screen. are you impressed? >> i let my blackberry go. >> it was a big day. >>. it's a little forgotten. it will be interesting to understand how they want to reassert themselves. they greek prime minister's gutsy move. will the decision to hold early presidential elections backfired. we go live to athens. ♪ >> welcome back. a check on the world's most richest. russia's richest 20 people have lost a combined $62 billion this year. >> a snapshot of the big three losers. they've lost a lot o

it amounts to a loss of confidence in the prime minister, antonis samaras.ould talk about what happened in 2014. a year for elections in asia and south america. >> it was a year where you saw consequences in market elections . in fact i took a look at three different elections indonesia india, and brazil. i tracked to these countries over the course of the election. let's look at indonesia first. this man was elected in july, the kind of candidate that indonesia is not seen in a long time. a businessman self-made -- >> no-nonsense. >> big heavy metal fan. he has promised to enact reforms and that is what he is slowly doing. they often pretty steady since then. it was not even expected that the opposition would even accept the results. one promisee has carried out is that he has reduced fuel subsidies. that is an option that has been possible since the drop in the price of oil but he took advantage of it. >> in the same vein, you mentioned india. anticorruption in much the same way in india and how he was elected as well. >> and corruption in india -- let's l

they were controlled by isil and the group launched attacks on samara city.ing isilout, security forces consider it a military gain in the battle to retake other parts of saladin prove incident. the u.s.-led coalition fighting isil in iraq and syria has carried out more than a dozen airstrikes in recent days. iraq's defense backed by the shia popular forces and under air cover provided by iraqi and international forces isil fighters have continued their attacks and say they are anti- -- their anti air tack capabilities have forced opposition jets to leave. up north, the situation is tension as kurdish peshmerga forces advance deeper into the sinjar mountains. fighting has intensified southwest of kir. back in salidhin. they have ligamentous to cut ice ill supply lines on the forms. they want to retake more areas north of samarra city. as the fighting continues, more iraqi civilians become victims and more houses become vacant. al jazeera. leaders of chili's largest indigenous group vowed to step up their effort to take back their land. the territory is disput

antonis samaras becomes the prime minister. the real relief comes when ecb president mario draghi vows to defend the euro. 52014, the economy starts growing again, and for the first time in four years, greece sells bonds. biganti-austerity party won in european elections. the government brings forward presidential elections. will it work? >> elliott gotkine is live in athens. all of the action tonight is going to be happening just behind you in parliament. walk us through what to expect. >> that's right. good morning on a not so glorious day. theust under 12 hours time, 300 members of the greek parliament are set to gather in the parliamentary building across the street from me. the vote is due to start at 7:00 p.m. local time. it is not greece, expected to start on time, sometime between 7:00 and 8:00. the committee will then call out the name of every single lawmaker. they will respond in one of two ways. if they saying nay, that is greek for yes. that means they will vote for prime minister summer us -- presidential candidat

samaras. >> mr. samaras, of course has identified with that austerity and he's also identified with the old establishment political parties of greece because they're being blamed for leading greece into the crisis in the first place. >> i suppose as we head into the public election is whether the public will start taking notes of moves in the financial market and voices coming out of international investors about how against the idea of a left wing led government they are. >> that's certainly one of the hopes of the government in offense. when the elections or more specifically when the presidential vote was announced at the beginning of december you may recall this is about two months before it was supposed to happen. the markets reacted violently and the government pointed to saying this is what awaits us should he come to power. certainly there is a sense in greece that the worst may be behind and that there is an element of risk involved in changing governments. >> you talked about how in the pas

and the group launched attacks on samara city. the u.s. led coalition fight fighting i.s.i.l. in iraq and syria air cover provided by siel fighters have continued their attack, forcing coalitions yet to leave. and what's more the situation in sinjar remains tense. as kurdish peshmerga forces advance. back in selafin iraqi armed force he have managed to cut supply lines want to retake more areas not of samara city. as the fighting continues more iraqi civilians become victims and more houses become availability. osama ben jari al jazeera. >> adriatic sea hundreds of passengers are being lifted from the vessel on fire. thank you for speaking with us. can you tell us the latest on the rescue operation and how many people the italian navy has helped bring to safety? >> good day. so far we have at least 131 people which have been rescued by the joint effort of both the italian navy efforts but also the greek authorities have intervened since very early this morning when the accident occurred. >> so how many more people are left stranded on the ferry sir? >> with the information tha

toco tierra con vientos sostenidos de 109 millas por hora, rÁfagas de 130 millas, llegÓ a dolores en samaraiesgo, muriÓ a manos del ejÉrcito paquistanÍ, el jete del ejÉrcito de al qaeda, que planeo un ataque contra el metro de nueva york, se realizÓ al sur de pakistÁn, cerca de afganistÁn, el fbi ofreciÓ 5 millones de dolares por la captura de este terrorista que se creÍa que fue el jefe de operaciones externas de al qaeda. fuera de peligro el mÉdico cubano infectado con Ébola, mientras atendÍa a un paciente en sierra leona, pronto serÁ dado de alta en ginebra suiza, formÓ parte del equipo de 256 mÉdicos y enfermedas cubanas que fueron a tratar a pacientes de Ébola. empezaron predicciones de cÓmo se comportarÁn equipos en cada uno de 6 grupos de la copa mundial femenina en canadÁ 2015, el sorteo fue un espectÁculo, en vivo desde ottawa, sammy con informaciÓn del evento, y estrategias de 44 selecciones participantes, sammy, te saludo con mucho gusto. >>> sÍ, edgardo, un gusto saludarte, en una impecable ceremonia de casi una hora de duraciÓn en el museo de historia de ottawa, se llevÓ a cabo

. >>> prime minister anthony samaras will have to call elections. >>> nigeria has declared war against boko haram. attacked five separate villages and a mill tri military camp near cameroon. the rise in attacks on cameroon in the past month. >> well, basically, boko haram has become overambitious in the last one year or so-and-so it's widened its attack not only on northeastern nigeria but parts of cameroon as well. this day in particular it has stepped up its operations in cameroon. some people suggest that this may not be connected with cameroon's participation or willingness to participate in the fight against boko haram in northwest nigeria. we have also seen how cameroon in the last three months or so has stepped up its operations and killed hundreds of boarm boko haram fighters and contributed to fight against boko haram on cameroon soil. >> does this suggest that boko haram has shifted its base now to cameroon? >> last week we heard the cameroon authorities say they have destroyed a training camp of boko haram in cameroon. as we know the base of boko haram basically is in the no

. >> translator: neither parliament nor the people will give a blank check to samaras, so he can continue with bailouts and implement austerity measures. >> analysts say if an election is held, the main opposition radical left coalition is likely to make major gains. this could derail negotiations with the european union over financial assistance for greece. >>> spanish authorities have indicted a member of their country's royal family. they've ordered the elder sister of the king to stand trial for corruption. princess christina stands accused of tax evasion, so does her husband, and 15 others. authorities believe they funneled public money from a nonprofit organization into their own company. the princess says she's innocent. other members of the royal family say they respect the independence of the courts. spaniards are enduring government-imposed austerity measures. some are losing faith in their institutions. able lists say allegations of royal corruption could damage the credibility of the monarchy. >>> some jap dmeez fishermen and environmentalists are counting the cost of poaching

the clerk today is alyssa samara. the committee would like to acknowledge the staff of sfg tv. who record each of our meetings and make the transcripts available to the public online, so happy post thanksgiving. madam clerk are there any announcements? >> yes, please make sure to silent cell phones and electronic devices and speaker cards to be part of the file somebody committed to thed clerk and will be on the december 9 board of supervisors agenda innocence otherwise stated. >> okay. can we have item number one. >> item number one is an amendment to amend the administrative code to establish the duties of the office of early care and education and create the office of early care and education citizens' advisory committee. >> thank you. so let me speak a little bit on this item. our city established the office of early care and education to help us meet the growing needs of our city especially with the rising infant asked to her population. this office will help us align and coordinate our city's efforts to provide early care and education for ages zero -- children for ages 0

prime minister andonis samaras be is standing for reelection. the rks syriza party is stand to gain. a human implication for the situation in greece which in turn has an impact on greece's creditors and the euro zone. >> yes presumably so barbara. the first few months at least of the new year are going to be pretty turbulent with greece very firmly back in the international spotlight as it tries to work its way towards a sustainable government out of a snap election, bearing in mind that that may well be a coalition of parties that have never been in power before. and all of that creates uncertainty that the financial markets don't like and all of this happening at a time when greetionthatgreece is only beginning to emerge from six years of recession. take a look at the wide are picture, greece's position in the euro zone and how that may be affected. joining me is a journalist who writes widely on financial policy yergos scopopolis, let's talk about this, how difficult is it going to be for greece omeet its are international commitments in the

iran says one of the most senior commanders has been killed in iraq killed in samara.ranian revolutionary guard said he was there to advice iraqi troops fighting isil. iran says forces are not involved in active military duty in iraq. 13 and a half thousand nato soldiers will remain in afghanistan to support afghan forces. jennifer glasse attended the handover ceremony in kabul. >> reporter: the ends of an era and the beginning of a new one. nato's force completes the 13-year mission. a much smaller force will take its place on january 1st the commander said nato and afghanistan worked together to protect the international community from extremism. since 2001, he says they have created an atmosphere that foster's progress. >> no more cell phones no more people in cool. on and on. >> he also cautioned there are significant challenges ahead. >> afghanistan has been the longest war for the united states and nato and even though the ceremony marks the end of nato's combat mission here, the fighting isn't over. >> it is in the hands of the afghan security forces. for them,

it's hard to see how it could have been much worse for prime minister samaras.ine support is 155, the number of lawmakers that are in his governing, lycian including his new democracy party. easily managed to add an .dditional five to that tally no one expected him to win or come even close to the 20 votes. what they will be watching for is how close within striking distance would he be to the 180 he will man not in the second round on december 23 but in the withinnd crucial -- striking distance would he be to the 180 number he would meet not in the second round but in the third. authoring things perhaps such as an early general election anyway. wing day could be doing is trying to burnish their independent credentials to show that they are not happy being backed into a corner. when push comes to seven-day -- when push comes to shove, they might lose their jobs and i could concentrate minds and help them vote in favor of prime minister samaras'candidate for president. markets do not seem to unnerved by the vote. only thing still trading at that time was the euro

this was a key promise for prime minister samaras when he won that crucial no contest vote saying he would be free by tend of the year. you may have early elections. you may have presidential elections in february for greece which could trigger yet another round of concern. when you look at this price of debt, clearly there's a diver generals there. e.u. finance ministers meet heading into it. i don't want to say explosive but vivid comments from angela merkel. she talked about questioning the intent of france and italy to reform. she talked about the timeline whether or not reaching that 3% of deficit has been in the g.d.p. mr. sapam the french minister on french tv he talked about germany's crumbling lows and their low birth weight. it's going to be an interesting two-day meeting today. >> you mentioned italy. italy's finance minister jump into the disinflation, deflation debate. what do they have to say? >> he is clearly hinting they need do more to increase their balance sheet. we caught up with him in italy over the weekend. here's what he had to say. >> it is important that the

samara whit. and ferad karashi as well, and jose louis from ta sf. next speaker? >> hi, my name is (inaudible) and i live in district eight or the twin peaks district of san francisco i am a youth for turf which is a program (inaudible) and i am standing before you here today to show you my support for this policy and to ask your your support. the neighborhood where i live is the valley and the neighborhood where my school is located which is in the heights, and there is barely me tobacco outlets only a few blocks away and in the tender loin there is a lot, and it is such a small distance that a young different in lack of density and some neighbors, like the tender loin it is normal to see a lot of the tobacco outlets and smokers but in neighborhoods like the heights it is not that normal. and i think that is because of the lack of density and also they target the low income communities and the people of color and youth and lgbtq communities and i am at least in two of those, i am a person of color and so i am a youth and i am being targeted by this and i know tha

samara whit. and ferad karashi as well, and jose louis from ta sf. next speaker? >> hi, my name is (inaudible) and i live in district eight or the twin peaks district of san francisco i am a youth for turf which is a program (inaudible) and i am standing before you here today to show you my support for this policy and to ask your your support. the neighborhood where i live is the valley and the neighborhood where my school is located which is in the heights, and there is barely me tobacco et

prime minister samaras offers the possibility of early thetions in exchange for backing of his presidentialdate. the markets up this morning. european markets generally a little higher. you are watching "the pulse." we are here in london. '

makess to see if samaras up more ground.ecember 29, the third and final round to see whether the president gets the vote or whether new elections have to because called. >> elliott kotkin in athens. >> let's talk about the hack attack on sony. the decembernceled 25 release of "the interview" amid threats of violence. caroline hyde has the story. a fairly dramatic turn of events here. they decided they can't take the risk and they are doing what some would say is the right thing and pulling it. >> unprecedented. they are going to be losing millions of dollars by doing this. not only were they attacked in terms of their computer systems, but the attacks took on another level. i think you could call them cyber terrorists now. they started harkening back to september 11, putting out statements that the world will recommendingar and people distance themselves from where these films are being showed. saying, do were want to be showing this film? it is a comedy, which is based on a plot to assassinate kim jong-un of north korea. am

vale your to install a candidate after three attempts would force samaras to dissolve parliament., it will not be a smooth ride. keep an eye on those three market,the athens stock the greek three-year, and the greek 10 year, as we approach the vote on the new president next week. a massive week for greek assets. >> 87:40 eight in london. let's talk about the oil prices. drilling is an expensive process. with prices of crude near five-year lows, projects across the world may be making less sense. >> hard-to-find and hard to extract, deep-sea oil is one of the most expensive sources. one of the costliest projects is brazil's ultradeep water libre oilfield. arelopment costs for total estimated to be $80 billion. hostile weather conditions make drilling in the arctic a huge technical challenge, and very costly. ft and exxon spend millions drilling in the sea. exxon has pulled out because of sanctions. ft is hampered by rising debts. while shale has helped flood the market and lower crude prices, some operations could still become unviable. regions of some texas, oklahoma, and north da

arranged not been for the next seven days the time and have a 670 all traffic >>george: nicotine samarasive here on interstate 80 in the west wrong direction traffic is recovering when do have a car fire reported to the right climate for a san leandro, is not in the direction it is a 580 east town at cal an allotment wessel the right with advisories still in effect we arrived at through the arts law passed this morning the chp issuing debt advisory it early in the morning of their original slow traffic here over at the san mateo wristed tangible message size were activated to warn drivers about high winds at the golden gate bridge we do not have any signs for the right here and our stand a in a trap is very light as you proceed if you're heading for iran via the richmond braves him look at that commute from the toll plaza the yuca see the traffic volume is to conduct distillate but not enough that it will back the right to stay 580 westmount to richmond. >>mark: crews work on a date to clean off all trade with susan in the area wide demand is not to be alive is quite this in the fall the

here is top headlines with brendan greeley. >> the greek prime minister samaras failed.at a vote today, america's candidate was short of the required 200. sales in the final vote next monday, parliament will be resolved and they will ave to call an early vote. says -- would be the return to $7.2 billion, made cost ponzi scheme investors more than $17 billion altogether. >> ♪ by with a little help from my friends ♪ >> one of rock music's most recognizable voices falls silent. singer joe caulker died yesterday at his home in colorado. . yesterdayoe cocker at his home in colorado. hit singles like "feeling all right" and "you are so beautiful." he was 70 years old. and bothtwo americas, will shop until they drop and this holiday season, but then what, we focus on like friday on panic saturday, as the british call it? another contrived moment, but what of that core of our american economy, conception for 2015. >neil dutta giving us optimistic expressions this hour. what will be a resilient american consumer? steve roach satyr your chair a number of weeks ago and said the con

. >> on your economic models, do you factor it in more likely that he will be the president, samaras?was a bit more negative before the election of the president of the republic. now i am 50-50, i would say, would be the outcome. >> investors have been getting skittish because they fear the prime minister will not get his man into the presidential palace. we will get general elections and austerity will win. we could have much more financial instability here in greece. is that the correct attitude? >> i think the problem is really what is going to happen from now until the elections, the national elections. people have a lot of negative expectations about the derailment of the process. if and when a different president comes to power. i certainly have a feeling that at the end of the day, things will turn out to be much more mild than the markets expected, thely because it is in history, in greek history, we have seen a lot of u-turns from people having the right rhetoric before the elections but then they are turning around and adopting more conventional policies. >> if there is a wi

samaras will fail to get his political campaign through? >> yes, i'm afraid so.aid will not have votes to disconnect enough of those members of parliament. we will not have an elected president on the 29th of december, which will mean that on the 25th of january we will have national elections. >> who will win those elections? seems tomber one party syriza. we have a radical left party that is only getting 4% of the electoral vote. it is not a pro-european party. syriza is a pro-european party. it is a european-left party. >> they would like to significantly renegotiate bt.ece's de after we saw the debt reorganization carried out by the debt office, we had a lot of that death being held by governments around europe. what are the chances that he reacteen able to debt restructuring? platform is about debt restructuring. his whole platform is about reducing as much as possible the official debt. the markets to talk about the fact that there is a debt trap in greece and there is very little possibility in coming to terms for greece to be able to handle the payback of

suggesting that prime minister samaras was caught between a rock and a hard place.rcing a showdown with greece's creditors, specifically the euro group leaders knowing full well the stakes are high on both sides. that is the extension. when you get to the beginning of next year they will all be sitting around a table. the burning question, if you do get syriza on the panel is she up to deal this as. >> whose instagram's biggest compensation? when we come back. twitter, snap chat or someone else entirely. kevin systrom tells us in a cnbc exclusive in a minute. but what if you could see more of what you wanted to know? with fidelity's new active trader pro investing platform, the information that's important to you is all in one place, so finding more insight is easier. it's your idea powered by active trader pro. another way fidelity gives you a more powerful investing experience. call our specialists today to get up and running. whoyour boss?rk for? yourself? your parents? your family? at baird, what matters most to you... matters most to us. as an employee owned fi

samaras and what he could do in the next ninety minutes over in athens. in order to avoid a snap election he needs 180 votes backing his choice for the presidency. if you see this afternoon say that he gets 160. haza it is indication he's quite a way off. if he gets 165, 170 you may see that bounce wall street. maybe we don't get that snap election. maybe we don't have to renegotiate greek debt. >> that would be huge news simon. >> it would be. and would clear it up before the holiday. at the moment people are derisking. >> thank you simon. when we come back the president set to speak in just about 22 minutes about the u.s. easing diplomatic relations are cuba. an historic announcement we'll have live for you right here on cnbc. >>> we're watching shares of the cruise line operators all moving higher on the anticipation that the thaw in u.s. cuban relations will lead to increased travel between the two countries. all moving higher. a lot of them hoping, maybe investors hoping that sea cruises end up going to cuba. >> with that by the way we are finally ge

kilometers to where we are and what's interesting about that, it made landfall on the eastern side of samarasland to the south of us. it remains there. it hasn't crossed over that island yet because this is a slow, slow moving tie off and on. >> that's part of the concern about the destruction this typhoon could cause sustained wins but the concern is the storm surge from the pressure being put down on the ocean from this system as well as the heavy rainfall. there was a volcano close to where we are and there was concern about that, too, that there could be major mudslides slides but around the area as well as flooding because a lot of the low-lying areas don't drain water that easily. they are worried about the flooding there. right now, the big story is it's still over samar island, moving slow, maybe about the middle part of it. after that, it is still this tie off and on has five more bodies of land to make landfall before it exits the philippines. >> a long way to go then. how populated is soma island? what sort of damage has it been so far there? >> no idea of the damage just yet beca

. >> there was a time when samaras was anti-bailout and he changed his tone. extremely ahead of getting to power but once you get to power you become more centrist. i think the big story for europe is the diversions with the u.s.. if you look at the outer differential we are at the top of the range of a 40 year high. the u.s. is as profitable as it can be and this gap should start to close. it does not stay like this for too long and currency is going the right way for europe. he stays with us for a little bit longer from j.p. morgan, we will talk to him after a short break. you're watching countdown. ♪ >> welcome back, the global equity strategist at j.p. morgan is still with us. one thing you said before the thek was -- you believe dollar will go stronger in 2015 and you admit that consensus. are there risks we're storing for next year based on people thinking the same thing will happen? is it the wisdom of crowds or herd mentality? >> if you take a step back, the big picture is the equity markets in the u.s. have done extremely well. even in europe the stoc

. >> if some are a remains prime minister -- if samara remains prime minister, remind me of other peacetimeovernments and how long it will take the reforms to bear fruit? >> it took a long time to implement the reforms but what happened and it is probably the biggest adjustment since the second world war -- we've seen of 16% fiscal adjustment gdp over the last five years which is tremendous. reformseen labor market and a cut in the minimum wage by 25%. that would hurt political sentiment anywhere. we are seeing the firings of public sector workers and we've seen taxi drivers and lorry drivers losing their licenses. they're beginning to pay off and greece is now growing. it is beginning to pay off but it is still a very long time. >> it's come at a price. >> the economy is smaller than it was in 2008 and it will take a long time until they find jobs. thank you very much. >> will get his perspective on the ecb's attempts to increase the balance sheet. ♪ >> christian is here the senior economist at rick berg, the results of the long-term loans were made public yesterday, the magical figure was

holdill hold -- putin will a press, samara. one of the expecting him tuesday? very combative stance -- he will take a very combative stance and say that russia is defending its interests. but of course, ordinary russians are looking for reinsurance -- reassurance and there is a moment of dread the moment. i don't know whether putin will be able to achieve that. hans nichols, german companies have always been worried about their exposure to the russian market. what companies in germany are most scared right now? now, you would have to put adidas, and siemens in that market. -- that basket. but it's not all bad. the companies mostly in frankfurt, which banks have exposure to russian bonds? inn they did these scenarios october, they never included a collapse of oil and a class of euro. but the a big question, luxury auto space, porsche sales for example in russia, up 55% last. lexus sales of 63%. atgives you an indication russians are taking their rubles and parking them in luxury items. >> and henry, i want to bring you in here as well, because when we talk about

. >> reporter: 12-year-old samara schaub has been studying this story as she prepares for her bat mitzvahd it's also the story that jews commemorate every year during the passover seder. >> these words have so much meaning, and this song in particular is really symbolizing our freedom because this is the song that they sing once they were free. ♪ az yashir moshe ♪ >> people of african descent were singing these spirituals based on the story of moses. wickedness a while may reign. satan's cause my seem to gain. oh, but there is a god who rules above. with the hand of power and a heart of love. and if i'm right, he'll fight my battles. ♪ these are heaven as i go >> reporter: the story of the exodus is, of course, timeless. as dramatically relevant today as it ever was. because freedom is a song that continues to be sung by those who have it and those who still struggle for it. >> but we say at the end of the seder is "next year in jerusalem." jerusalem is more than a place. you know, jerusalem is an idea. jerusalem is an ideal place where there are no slaves, where everybody has freedom. >>

despite saying that samara has made the right decision in calling the snap poll, the former leader warned over the potential consequences. >> controversies is out for social and economic disaster. >> from greece to the ecb, ecb governing council member arto hanson has warned the central bank should not act in haste when it comes to buying government bonds. in an interview with a german newspaper, the head of estonia central bank says the move would be, quote, very borderline. hanson suggested the ecb could end up illegally financing member states. still with us, abi muiji. does this concern you that we're starting to see mixed opinions on whether or not in fact we will see that additional quantitative easing in early 2015? >> it doesn't sprieft me. i think the surprise will be they come out all lined up with some sort of concerns on qe. but i think this problem with the easing can be policy measure. and i can in line with my expectation, we all expect -- eventually do some form of qe. >> do you think we're going to be looking at central pinification of the eurozone? >> outside deflation o

what this of samaras and riot body of law at all how will also raise questions about affects of confessions on health for over 60,000 california foster children, the holidays can be an especially difficult time. everything's different now. sometimes i feel all alone. christmas used to be my favorite. i just don't expect anything. what if santa can't find me? to help, sleep train is holding a secret santa toy drive. bring your gift to any sleep train, and help keep the spirit of the holidays alive. not everyone can be a foster parent, but anyone can help a foster child. portend a time the men behind bars and has a following the the head of reports of a burglar in the home at 2:00 whistle yesterday morning when they arrived at the fun broken windows and say the man was on the roof. in a sworn officers kept on asking but come down. family arrested around 5:00 in the evening yesterday. the seven identified and if he does so you vases charges of burglary are some a lot and vandalism and assault a deadly weapon. and plays as if this horrible muckrake on edge this one in two days after the store w

in a television address, samara surprised the nation to say he would bring independence into the government once talks were complete. >> translator: after the presidential elections, we can enlarge the government coalition with the personalities that believe in the european perspective of the country so the next stage will find us more united. it is therefore a national obligation but also common logic. >> and more on the greece story coming up in the next hour, but here's what else is coming up. if you're looking for a game to play around the fire this christmas, stay tuned. we speak to the creator of market meltdown, the board game providing to be a big hit with bankers and fund managers. >>> and we'll go live to tokyo to get the details on a mega merger said to challenge the leading oil and energy firm. >>> and as the u.s. dollar index hits a multi-year high, one analyst tells us why it is time to buy the euro. that's coming up next. >>> you're watching "worldwide exchange." brrz president obama speaks to cnn rejecting the notion that he has been upstaged by north korea's leader. >> righ

. >>> antonas samaras failing to get enough votes from parliament in greece. the analysts say early elections could derail and some of the reforms and raise the risk of another economic setback. andrew, back over to you. >> thank you, becky. some stocks to watch this morning, chesapeake energy failing in a deal to sell southwestern energy. that company okaying a stock buyback plan of $1 million. >> the company says its small to medium sized business continues to show growth. vanda pharmaceuticals, those shares surging after the company agrees to sell with novartis. and then there's confidential resources, feeling the impact of its own oil prices. the producer announcing plans to decrease its capital budgets to $4.6 billion from 5.2 billion by the end of next year. other corporate news close to home, the s.e.c. pausing its review of the comcast/time warner cable deal until january 12th. stopping with the clock on that, the agency citing delays in getting documents from time warner cable. the s.e.c. must decide on whether that merger is in the public industry an