i want to show you some video coming out of southern spain. recent rains have caused overflows in several towns. authorities evacuated more than 200 residents last weak. an emergency plan was put into evict in seville provence when streets became impassable and excess water benefits some birds and plants b the continuous rain will travel residents for the next several days and the same in your area for saturday and more than likely, a southern front and other areas and icy precipitation in the corner of the uk and parts of ireland and heavy snow showers in the northern peninsula and out lying region. temperatures are 10 degrees below seasonal in many areas. zero degrees for burling and many areas and zero degrees for moscow. here's your extended forecast.

on the flip side of that, though -- across much of southern spain, you will first see some rain that will shift over to snow. you're going to be seeing thunderstorms in italy. so continue to watch out for that. temperatures in the teens south of the alps to the north here. london, you're diving down to four here for your high on your tuesday. that's a look at your world weather, here is the extended forecast. >>> we spent much of the day covering the second anniversary of the march 11, 2011 disaster. sir vie vors on the northeast have taken steps forward on the path to recovery, but they have faced challenges. before we leave this hour, we wanted to hear from some of them. >> translator: the house i used to live in remains uninhabitable. maybe i should give up on it. i want to find a place to settle down. that's what i'm hoping for now. i don't know what is going to happen in the future. i can't even guess. >> right after the disaster, we always had to wait to get the things we needed. i once stood in line for four hours to buy food. now, i can live my days peacefully with my family

this is the alhambra, a combined mosque, palace, and fortress built in southern spain in the 13th century. in many ways, it stands as a monument to the ways in which geometry and algebra were combined by islamic artists as a means of spiritual expression. the ancient religious commandment, "thou shall not carve idols for yourselves in the shape of anything in the sky above or on the earth below or in the waters beneath the earth" was an injunction against figurative art taken seriously by both arabs and hebrews. as a result, they developed a purely abstract and geometric art like that exemplified in the alhambra. much of the mathematics we study today owes at least as much to the early islamic mathematicians as it does to the ancient greeks. in fact, many of the ideas developed by european renaissance mathematicians were first developed by islamic mathematicians four centuries earlier. beginning in the late 8th century, at the house of wisdom in baghdad, islamic mathematicians translated the greek texts -- like euclid's elements -- into arabic. islamic mathematicians were interested in bo

british government needs to do is to say to the hundreds of thousands of brits that are living in southern spain for goodness sake get your money out of that country and have a monthly transfer to pay your bills and that is what i'd like to see the chancellor george osborne do in his budget statement tomorrow in the house of commons what sort of message they're sending to foreign investors him essentially they're being taxed to cure a crisis and they had no part in causing. don't invest in the euro zone do not invest anywhere in the euro zone you've got to be mad to do so because it's now run by people who don't respect democracy who don't respect the rule of law who don't respect the basic principles upon which western civilization is supposed to be based they are propping up a euro zone which in the end is going to collapse in disastrous failure and they are prepared to do anything to do so i think that this decision this german dominated and led decision is the worst decision we've seen so far in this whole euro zone crisis and focusing back in on cyprus that it's completely dependent on its

coming into those markets no one's going to be putting money into local southern banks anymore and indeed even those economies spain france which are really fragile at the moment but big economies i mean if if the investors are sort of pulling money out of those countries that is significant in that there is a huge probability that it might actually start to happen because we have opened pandora's box right now and we can shut the lid on this now. later today or it is max keiser gives his own unique spin on a separate financial crisis saying chaos and uncertainty are beginning to be the rule of the day. spanx are going to open today they aren't yes they are no they're not are they they haircut on the deposits is ten percent now it's fifteen percent now it's forty percent now it's zero percent or maybe it's one hundred percent cyprus is leaving the no it's not leaving the troika back to the plant now does it back the plant yes it does no it doesn't welcome to the new world order it's called yes no maybe and maybe you'd have a gold silver and big client taking out of this mess or else or well there's going to be well

southern banks anymore. and indeed even those economies spain france which really fragile at the moment but big economies i mean if if the investors are sort of pulling money out of those countries that is significant in that there is a huge probability that it might actually start to happen because we have opened pandora's box right now and we can shut the lid on this now the cyprus tax levy is a major blow to russian depositors who are thought to have around twenty billion euros in corporate and private accounts in cyprus banks despite this president putin support of the rescue package ordering to restructure an existing two point five billion russian loan but it was accompanied by some sharp criticism from russia's prime minister my colleague spoke with r.t. news editor ivor crotty about the depth and the ramifications of the cyprus problem . prime minister medvedev last week used the term expropriation which was a reference to what the the bolsheviks did in the past he today has followed up that statement with with a statement saying basically the stealing of what has already been stolen continues and that'

experiment works here in greece, in cyprus and they take out deposits, greece is next, spain, portugal, italy, all of southern mediterranean and europe. >> harris: so anybody watching this has to say deja vu all over again, this time it's different. >> that's an astute observer. we have been through this and we didn't think we'd go through it again. cyprus is only the third smallest economy in the euro zone. if it has to devalue its currency, then do we have a domino fall and a fall in other places, spain, italy, and then do we see the whole thing going over with greece and the rest? >> and impacts us, and people may begin to take some of their money out of stocks here at home. >> what happens, people flee, basically, to quality. the dollar go up and treasuries being bought and see people getting out of risky things such as stocks. >> harris: you're the silver lining person on fox report weekend. you always find it for us and say later on in the week no matter what happens, if we feel a hiccup, if we don't, because of this week and cyprus and european problems over there, we have some good news coming? >> ple

southern europe. franc portugal, ireland, spain. this is just bad, bad, bad news and we see that countries and the economies where you have dictators that just snatch wealth from people, this you see those economies do very, very badly. think about dictators involved in africa in places and those economies didn't grow. when you don't have this liberty, then you get disaster. >> megyn: there has to be trust between you and your banker, otherwise you wouldn't stash your money there, you'd stuff it in the mattress. >> or better still, a safe because could go wrong with that. . >> megyn: it's pretty crazy ifrments about the moral hazard. if you want the people to be aware of moral hazard and investing or putting their money in a dodgy bank then you let the bank go through bankruptcy and i realize that's a moot point, but really, that's what should have happened. the idea of snatching money willy nilly because you might not like some of the depositors is crazy. it stinks, it really does. >> megyn: the bankruptcy is sort of a natural cons

and it can happen in ritual it can happen in spain and italy and so what is quite likely is that a lot of people are going to moving their money out of southern europe to other places the potential bailout rate on deposits in cyprus is keeping investors nervous both inside and outside the usa. explain to my colleague bill dodd why russia is particularly uneasy about brussels plan. well you know there's a certain stereotype in the west about the russian mafia keeping their money in cyprus offshore accounts well of course to some extent there is some illegal money there but definitely fundamentally it's all about the big businesses because almost just about every big business in russia has an asset an offshore account in cyprus and the biggest concern which is now there and we stopped about by the by the president by the highest officials in the country does not concern the big businesses in the sense that russia has been striving to have the offshore money returns to the country the government believes it's now your country more stable you need to provide healthy environment to keep the money inside the country so this is not the concern here

it can happen in portugal it can happen in spain and italy and so what was quite likely is that a lot of people are going to moving their money out of southern europe to other places to switzerland or austria or other or northern europe could such a plan actually be implemented in other countries another bailout deal of this sort because if the authorities the m f and the e.u. authorities think this is going to work do you think they might actually do this elsewhere when another deal is on the table. yes i do i mean they're presented as a one hour solution because they claim that this is a unique situation to same principle of course it isn't unique at all this is a problem that we see all throughout the eurozone and as a matter of fact it's much more fundamental than that it's a fundamental flaw in our banking system about the banks can create money out of thin air that aren't backed by anything and that's great bubbles and central banks can go on forever with that and with inflating new currency it's a fundamental flaw in the banking system and this is just a quick fix this is we keep kicking the can down the road it's not a fundamental so

germany, france, the uk and the netherlands, but if you look at the southern european stock markets and put that up there and there's spainst in the last three weeks and italy down 4%. you could see the damage and the bifurcation between the north and the south that's going on. jim, you were asking whether there would be lines with banco santander. there is a very specific reason why it's unlikely. most of these big banks in europe can get recapitalized without going to the deposit. they have very large levels of debt and equity that they can go to. people who are above them and they can seize that money so it's a little bit unlikely that you'll see deposits. that wasn't the case in cyprus. however, that doesn't mean that banks aren't risky at this point. some of them are getting hit. speaking of italy, did you hear what bris brisani said. he was quoted as saying that only an insane person would want to govern italy right now. there is my favorite quote of the day. >> most of you mentioned copper. the whole this year, china has been weak and china -- copper has moved exactly in lockstep with china. there you see the green

southern europe, stabilize the global financial system, which includes us. this is a scenario that is possible in your mind. >> well, we have seen today there's no bank run in spainr italy and that's the key. they didn't think, wow, we're going to be next. we're going have our deposits confiscated. so at the moment, this certain of financial zombie apocalypse is still within the island of cyprus. if it escapes then all bets are off. i think where you're going to put your money if you're a depositor, very few safe places to put your money, the bank isn't safe. shared certificates of equities gives an uplift for equities around the world. if you don't want your money in a account owning next to interest rates, where are you going to put it? one place is the shared certificate. >> or credit suisse, or some of the big banks that are not based in cyprus, greece, or spain. >> yes, but if your europe is basically violated a kov nentd that depositors are safe. so they are now less safe. and if you start to worry, you want to put it somewhere else. you put it in gold, for example, and i think equities is going to benefit from the thought of where else can i put my money?