spain has restored credibility. there are major changes in terms of unemployment and how that you know mcrae economic growth translated into job creation. >> the unemployment is 24%. he is talking about the economy growing as 2.4%, creating half a million jobs. will that put a dent into the problem? >> on the one hand some predictions and by the i.m.f. and o.s.c.e. are positive about the spanish economy, but we will need, on the one hand, a good economic growth in europe which is taking place, and, secondly you'll need a higher figure of growth to - to achieve the job creation numbers that the prime minister was talking about. >> and the prime minister warned against voting for this new left wing political party, which is polling very well. in spain's case it seems that austerity has worked. so is the prime minister correct in arguing that electing an anti-austerity party could reverse the games. >> depends the way you look at the overall picture. like i said some measures - i wouldn't say quite austerity, fiscal co

if podemos wins spain's national elections later this year he could become spain's next prime ministerw york. i began by asking him to talk about podemos. >> we are the answer to austerity politicizing in our country. i never thought it was possible, political phenomenon in our country, and probably where the result of the disaster of these policies of austerity in spain. and probably, we are expression of the hope now. people in my country are starting to understand in a democracy when something is going wrong, you can do things well. and probably you are a new opportunity of change in spain and we're very happy to be an instrument of the people are the political change. >> what exactly does austerity mean? >> austerity means [indiscernible] austerity means public schools don't have the means to develop means of activity. it means countries are not struggling anymore. we became a colony of the financial powers and of tyranny. austerity probably means the ends of democracy. i think if we don't have democratic control of the economy, we don't have democracy. it is impossible to separate

they built all these grandiose monuments all over spain the valley of the following in spain is sortf the pyramid of franco and his fellow generals. it is not a happy place to be. they were half starved. franco very cleverly realized that he just signout the united states if he promoted his sincere anti- communism and got a great deal of money from us for many years to support his government. >> yes. >> just as a follow-on to the gentleman it seems to me like the spanish civil war was a very divisive war and one that created a lot of family splits. and that carried on to the war and carried on after the war and that is the one that i don't believe as you get. >> no, it has not. >> and from that standpoint what i heard before about what he saw in madrid in 1975, it is true and it is spain and it is divisive. the same is true for the other side. you mentioned are. simply call you described the same art was produced in spain during the franco years. artists some of those. you look at those frames and they depict the franco years. i am not so clear that franco was the bad guy and the rep

the delegate from spain spain, the delegation from spain was sitting they're.he turned on for three or four hours and finally says all right, you can have the. germany had enough at that time. the terms of the surrender treated as an air force. they can bury them in the pilots. she threw carriers. and it was those planes that flew over to north africa to pick up the army. franco was pulling together to invade its own country. they flew across the mediterranean near gibraltar and began what was a slow and bloody march up toward madrid. opponents laying down from france in europe. a country that was so dominated by its rural mobility and by the church, the roman church. 60% of the population was still illiterate when the republican government came in. one of the 1st things it did was set up public schools. they set up 17000 public schools between 1931 and 1936. so the 36. so the people were deeply embittered by seeing essentially the church align itself with the nobility and the wealthy, and the wealthy had suppressed the peasantry. the peasantry. the early weeks

ngo's in spain estimate 60,000 galgos are killed each year. this owner told a spanish documentary film maker that he uses 20 dogs per season and he typically sends the seven worst racers to the local pound each year to be put down. another dog owner showed a chn training technique -- common training technique pulling galgos behind a car for up to 15 miles in one day. >> while they are training them one can hurt themselves and it doesn't matter to the home track. it is one less and he will get another one. >> sandra has been working in spain to save them for more than a decade. shooy founded a rescue program -- she founded a rescue program to push new laws. it didn't work. >> we did a lot of prep. everybody knows what is going on and they could not careless. >> that's why they launched the march on-line to pressure the spanish government to do more for the galgos and urge people to adopt these great dogs. >> what we are trying to do is to make it so global that spain can't ignore it. >> if you are interested in supporting the campaign or adopti

spain, 2.8% annualized growth.here was no fluke there. >> gilles moec chief european economist at bank of america merrill lynch. >> the world's biggest cosmetics maker. we are going to hear from l'oreal's ceo in a bloomberg exclusive. ♪ >> welcome back. you are watching "the pulse." let's get you another bloomberg exclusive. after l'oreal sales beat estimates, we spoke to the company's ceo, jean-paul agon. he told caribbean, and about the impact of a strong dollar on his business. >> to be honest, for 10 years it was negative. for 10 years, european companies and l'oreal suffered from the overvalued euro. now the euro is back below its level when it was introduced 14 years ago. that is very good news. it will help our cost structure, but it will also of course help the translation of our profitability worldwide. it is very good news and we will make the most of it. >> does that mean lower prices of your products? >> we will strengthen the support of our brands, and it will help, as i said, the translation in euro o

ngo's in spain estimate 60,000 galgos are killed each year.owner told a spanish documentary film maker that he uses 20 dogs per season and he typically sends the seven worst racers to the local pound each year to be put down. another dog owner showed a chn training technique -- common training technique pulling galgos behind a car for up to 15 miles in one day. >> while they are training them one can hurt themselves and it doesn't matter to the home track. it is one less and he will get another one. >> sandra has been working in spain to save them for more than a decade. shooy founded a rescue program -- she founded a rescue program to push new laws. it didn't work. >> we did a lot of prep. everybody knows what is going on and they could not careless. >> that's why they launched the march on-line to pressure the spanish government to do more for the galgos and urge people to adopt these great dogs. >> what we are trying to do is to make it so global that spain can't ignore it. >> if you are interested in supporting the campaign or adopting a g

the focus on greece and spain's role.ou. ♪ >> welcome to "the pulse." >> another perspective on greece. the list is yet to be submitted. it will be submitted later on to the eurogroup. we understand that we could see some changes in the pension structure but of the greeks are very clear that there are certain red line said they will not go over. joining us is a chief economist. good morning and thank you for taking the time. we are beginning to get an indication that the greeks aren't may be prepared to go as far as some in berlin and frankfurt and brussels would hope is a word. how critical are the next 12 hours you think for a misstep here? >> we are setting up for another cliffhanger on that one. there seems to be misconception on both ends. in germany and other countries of the eurozone and the conception that the greek government understood the message and we already heard the greek government claimed that -- and with a proposal we have heard so far we will have another issue and it's far from clear that it will be t

ngo's in spain estimate 60,000 galgos are killed each year.ld a spanish documentary film maker that he uses 20 dogs per season and he typically sends the seven worst racers to the local pound each year to be put down. another dog owner showed a chn training technique -- common training technique pulling galgos behind a car for up to 15 miles in one day. >> while they are training them one can hurt themselves and it doesn't matter to the home track. it is one less and he will get another one. >> sandra has been working in spain to save them for more than a decade. shooy founded a rescue program -- she founded a rescue program to push new laws. it didn't work. >> we did a lot of prep. everybody knows what is going on and they could not careless. >> that's why they launched the march on-line to pressure the spanish government to do more for the galgos and urge people to adopt these great dogs. >> what we are trying to do is to make it so global that spain can't ignore it. >> if you are interested in supporting the campaign or adopting a galgo i a

. >>> and behind the scenes of a life saving center in spain.th us, if you can. >> the new al jazeera america primetime. get the real news you've been looking for. at 7:00, a thorough wrapup of the day's events. then at 8:00, john seigenthaler digs deeper into the stories of the day. and at 9:00, get a global perspective on the news. weeknights, on al jazeera america . ♪ >>> time to update you with the global headlines diplomatic soars say leaders are close to signing a peace deal to stop fighting in eastern ukraine. the talks have been held in the belarus capital involving ukraine, russia, france and germany. barack obama's request to authorize military force against isil could well face some opposition in the u.s. congress. a number of republicans saying that they wilin sifter on changes to the president's plans. the possible use of ground troops being one contentious issue. >>> a retrial is due to begin in egypt for two al jazerra journalists, mohamed fahmy and bahar mohamed. they have been in prison now for 411 days. accused of colluding wit

christine said spain needs structural reforms. spain has created 3000 jobs. growth is up 2.5%.ink your point is very real that we need complementary economies. we cannot all do the same. at the micro level talking to my customers, i make loans to companies that create jobs. spain has a very robust automotive sector, a 11% of gdp. they told me that the most productive factories in europe are in poland and in spain. we have more productive factories of the same company in spain than in germany. i don't think all is lost. we need to do more. i am confident though that that europe can make it. let's look at the positives, where were we in the last crisis compared to today? how long did it take for the u.s. to get the country working together as one? how long has it taken europe? it has only been six years. what i would ask everybody who is a skeptic is give us a chance. we are making progress. we have mechanisms in europe that we did not have. we are going to do qe, which a a few years ago was difficult to see. we have a lot of work, but hopefully we will move a bit faster. i think

spain has a very robust automotive or.king to the ceos of car companies, they told me the most the factories of the companies are in spain. -- the most day of fact trees of the companies -- the most productive of the factories of the same company in spain and in germany. i don't think all is lost. we need to do more. i am confident though that europe will make it. let's look at the positives, where were we in the last crisis compared to today? how long did it take for the u.s. dollar to get back to normal? they do give us a chance. we are making progress. we have mechanisms in europe that we did not have. we are going to do qe, which a few years ago was difficult. i think we have a lot of work, but hopefully we will move a bit faster. but i think we are doing what it takes to get to a real currency union. >> do you agree that there is a difference between the way that the europeans see themselves and the americans? or is it groups of people, bankers and regulatory agencies? >> i think we all make the same mistake to compar

and we are behind the scenes of a life saving certainty in spain.th us if you can. >> the new al jazeera america primetime. get the real news you've been looking for. at 7:00, a thorough wrapup of the day's events. then at 8:00, john seigenthaler digs deeper into the stories of the day. and at 9:00, get a global perspective on the news. weeknights, on al jazeera america . ♪ ♪ >>> we are going to particular you to belarus now where they have been holding those peace talks about events in eastern ukraine. just out of shot is the russian president vladimir putin. we do understand that he has according to two sources, that is the a.p. news agency and russian tv, he has said in the last few minutes that there will be a ceasefire. a ceasefire in eastern ukraine starting it at midnight on saturday. a massive delegation inside the presidential palace in belarus. president poroshenko there meeting and greeting not for the first time the russian president vladimir putin. and this was the location where we were expecting to hear any announcement after all-nigh

you have spain, portugal italy all in similar situations.ut the hard reality is that 70% of greeks will remain part of the eu. if he is able to cure some benefits of the greek economy he will have done a good job. jonathan: let's say he gets to six months. what kind of concessions is greece likely to get when that takes us closer to six months in spain? they will be saying, you know what, we want some of the same? guest: it cannot be a one-way ticket. greece will have to make material progress in terms of improving efficiency deregulating, driving efficiency. where all these problems come from is the fact that wages in germany fell. those in greece went up. we had a 25% competitiveness gap open up. that needs to be reversed. greece needs to be an economy that can compete. unless we get a single political -- if you have a single currency, all the economies have to be able to play at the same level. jonathan: the ecb's role in all this, they are not going to turn off funding are they? guest: everything says qe is going to work. there are so ma

useyouth unemployment in italy and spain is a 50%. will be a lost generation. >> are really currency wars? or have they never left? >> i think we are in currency wars. >> we have always been in it? >> i do not know if we have always been. >> about five years? >> i don't know about five years, but recently when abe got involved in japan and did a conscientious devaluation of the yen, it clearly put the europeans in the position where the europeans are looking at their export ability versus the japanese export ability. it put enormous pressure on the euro. if you look at those two pairs the euro had to devalue at the , point. now you're seeing the euro devalue and the yen holding. it is interesting how the japanese will follow up. lo and behold, and i said this before, we have the united the just sitting there, watching being the one currency that is everyone is trying to rally. thank you to the swiss who are trying to join the currency rally. we are happy to have them on that side of the ledger, but it does feel that we are in a global

use unemployment in italy and spain is a 50%.here will be a lost generation. >> are really currency wars? or have they never left? >> i think we are in currency wars. i do not know if we have always been. >> about five years? >> i don't know about five years, but recently when abe got involved in japan and did a conscientious devaluation of the yen, they clearly put the europeans in a situation where the europeans are looking at their export ability versus the japanese export ability. it put enormous pressure on the euro. if you look at those two pairs of accommodation. if you look at that pair, the euro had to devalue at the point. now you're seeing the euro devalue and the yen holding. it is interesting how the japanese will follow up. i said this before, we have the united the just sitting there, watching, being the one currency that is trying to rally. thank you to the swiss who are trying to join the currency rally. we are happy to have them on that side of the ledger, but it does feel that we are in a global economy. i do n

in spain than in germany.ore productive activities of the same company in spain than in germany. i don't think all is lost. we need to do more. i am confident that europe will make it. if you allow me one last point let's look at the positives, where were we in the last crisis compared to today? how long did it take for the u.s. to get the country are working together as one and how long is it taking europe? it has only been 50 years. i just asked that they give us a chance so they can progress. we have the s s m we have mechanisms in europe that we did not have. we are going to do qe, which a few years ago was difficult. to see. i think we have a lot of work, but hopefully we will move a bit faster. but we are doing what it takes to get to a real currency union. >> christine, do you agree that there is a difference between the way that the europeans see themselves and the americans? or is it groups of people, bankers and regulatory agencies? >> i think there are general expectations, and i think we all make t

spain has a very robust motor market. it is about 11% of gdp.e more productive factories of the same company in spain and in germany. we have more productive activities of the same company in spain than in germany. i don't think all is lost. we need to do more. i am confident though that europe will make it. if you allow me one last point let's look at the positives, where were we in the last crisis compared to today? how long did it take for the u.s. dollar to get back to normal? it has only been 50 years. i just asked that they give us a chance of the army in progress. we have mechanisms in europe that we did not have. we are going to do qe, which a few years ago was difficult. we have a lot of work, but hopefully we will move a bit faster. we are doing what it takes to get to a real currency union. >> do you agree that there is a difference between the way that the europeans see themselves and the americans? or is it groups of people, bankers and regulatory agencies? >> i think there are general dictation and i think we all make the same mist

you have written a book contrasting various futures or spain.o look more like venezuela or denmark a what is your vision for spain? guest: there are a lot of people in spain that believe that we can stop the train of modernity and get out and say it is the free movement of people and we don't like that so let's get out. that future looks like venezuela and that is a future that ignores the reality of the world we are in. it ignores china and the promising technologies. and what is happening right now to syriza it shows you have to make all its he in the world you're in. i think syriza has been living in wonderland. and my book says there is a future that exists, a future of being a normal country. it means that institutions and economic and political institutions, we have to change substantially a lot of things to have a company that is both flexible but also has a social network that protects people from the excesses of the market. >> with that in mind for spain look a different it has been to affect structural change, to eight -- affect neighb

the key to spain's success is on call. it's their skill in being able to identify potential donors which helped turn around don agency rates. doctors are trained to steer families towards the donors if they are faced with the most difficult decision about a loved one. who may have been declared brain dead. the doctor devised the programme. >> the most important is this critical moment where the person has died. but the hardest is bidding. it's very complicated to explain to the family that the person is really dead. so to have the adequate person in the adequate place at the adequate moment it's practically the main reason which makes the families say yes or the the families say no. >> that moment can make the difference. julio had three kidney transplants. the first two from anonymous donors the last from his sister. >> it's very important for society to know what it means to donate the organ. it can save a life and allowed me to grow up from a child to an adult. to go to university a family and a plan. for giulio the fut

but spain's politicians have already shelved the matter, he says.he attack was turned into a party political issue back then, causing deep divisions in society -hardly anyone is interested in the subject these days. >> many of the victims are in desperate need: some don't have enough to eat. others dn't know how they will pay for a new prosthesis or expert psychological help. there is very little state support to say the least. back then, the judiciary awarded them a one-off compensation payment -- and that was it. >> the islamist terror attack was worse than anything that the spanish had experienced during the decade-long reign of terror by the basque organisation eta. nevertheless, psychologist maria jesus alvarez believes that spain has, on the whole, repressed memories of this national tragedy. >> it's a topic that triggers a lot of sympathy at first, a big feeling of being in it together, especially in madrid. but today it's as if people have erased their memories. it's no longer part of the collective consciousness. >> the spanish have other w

james' remains happened when muslim moors controlled most of spain.whole phenomenon of the camino helped fuel the european passion to retake spain and push the moors back into africa. but by about 1500, with the dawn of the renaissance and the reformation, interest in the camino died almost completely. then, in the 1960s, a handful of priests re-established the tradition. the route has since enjoyed a huge resurgence, with 100,000 pilgrims trekking the santiago each year. ♪ >> memphis, tennessee. it has been written, if music were religion, then memphis would be jerusalem and sun studio its most sacred shrine. and you are here! with tav falco and chelsea crowell. >> memphis means music and the spirit of sun studio lives at the memphis music foundation in our one of a kind music resource center. this nonprofit is committed to helping artists succeed in their music careers.

hunters in spains used the dog to chase rabbits.find out who has the best dog much like the greyhound i found in the bay area nine years ago. but there is one important difference. what happens to the spanish gray hounds after the season is done. >> i have seen some abhorant things, but nothing like this. >> he traveled to spain last year after a shelter invited her. and she provided these pictures she and a colleague took. she can only compete at the -- they can only compete at the highest level for a few short years. when the season is over they often abandon dogs they don't think are worth feeding until the next season. wandering the countryside are a common sight and sometimes the hunters abuse the dogs tossing them down a well or worse. >> to actually hang a dog and torch the dog or put a dog in a dumpster with a bullet in his head while he is still alive, this is everyday occurrences, everyday occurrences. >> i have seen hundreds of pictures of hanging from tree. >> they hired a photographer to record my phone interview with a

that's where the anti-austerity protests started in spain four years ago. coming out of this was this party. it is the usual back and forth of figures. some say hundreds of thousands but a large march even by the standards of the anti-us a terry and other protest marches which have been in the thousands in pain spain over the last several years. almost every person out there trying to get their message out and their message is change is possible. get with us and we can unseat this government. >> to help you understand why so many people are taking to the streets, spain is still struggling economically. near lay quarter of the country's work force is unemployed one u.s. family with a daughter battling leukemia faces a second fight after their family was exposed to measles in the latest outbreak. we will have their story next. i know... this third shift is rough... it's just a few more weeks max! what are you doing up? it's late. i just wanted to have breakast wih you. >>> the measles outbreak continues to spread across the united states. 14 state have confir

. >> reporter: all three of the countries she mentioned, ireland, spain and port youu ireland, spain and port youl followed the rules of the bailout. and may be suggesting that greece needs to do t at the white house, for "nightly business report," michelle carusso cabrera. >> bill adams joins us to talk more about greece and how he sees things unfolding in the eurozone. welcome, bill. nice to have you with us. >> thank you for having me. >> what do you think will happen with greece? certainly the deadlines are looming, and the negotiations are gett >> well i think the most likely outcome is that greece does walk away with a slightly better deal than they had coming into these negotiations. probably some of greece's debts will be turned into longer term loans, probably at lower interest rates than they are now. that will decrease the amount of money that the greek government has to spend on interest expense e and will have more left over to fund social spending that the new government has promised. >> it's the pretend and stepped approach. >> well i think it looks like a game of chic

we look at spain's model. when the telephone rings here it can make the difference between life and death. >> now we have emergency in one part of spain. people with organ failure in spain have a realistic chance of getting life-saving surgery they need. >> medical staff will call through to the coordination centre. where matching a donor with are recipient begins. >> spain is a world leader in organ donation. few carry donor cards here. the key is on call. it's their skill in being able to identify potential donors which helped turn around donation rates. doctors are trained to steer families towards donation. if they are faced with a difficult station about a loved one. who may have been declared dead. this doctor devised the programme. >> most important is this critical moment when the person is dying. but the hardest is it's complicated. that this person is really dead. to have the adequate person in the adequate pleas at the adequate moment is the main reason that makes the families say yes or no. >> and

the key to spain's success are on call transplant bank coordinators. it's their skill to identity potential donors which has turned around donation rates. doctors are trained to sensitively steer families towards donation if they're faced with the most difficult decision about a loved one. who may have been declared brain dead. this doctor devised the program. >> the most important is this critical moment, when a person is dying, but the heart is still beating, it's very complicated to explain to the family that this person is really dead, so to have the adequate person in the adequate place at the adequate moment is practically the main reason which makes the family say yes or the family say no. >> that moment can make all the difference. julio has had three kidney transplants. the first two from anonymous donors the last from his sister. >> it's very important for society to know what it means to be able to donate an or gone. it can save a life. it allowed me to grow up from a child to adult, to go to university have a family and to have a plan. >> f

i think particularly in spain and portugal. there's a force short term political calculuslculuscalculus. they could lose put to the more leftists movements and parties were to get a further boost from a benign agreement. i think there's a fairly short and political calculus in play here that makes it clear that germany is not at all isolated in this position of standing relatively firm against these weak demands. >> and obviously there's the political risk which we can come to in terms of contagion. is the financial contagion currently understated by markets? >> i think it's a relatively easy statement to make. i would probably agree. now many things have changed in the last few years, but i think having -- getting a sense of what contagion would look like once we're facing that. ting would potentially be problematic. if not in the near term then maybe an undefined future date where the other countries could be in a more vulnerable situation. >> let's touch on that political fallout. i suppose this anti-austerity the anti-e.u.

the key to spain's success are oncall trained transplant coordinators. being able to identify potential donors which has helped turn around donation rates. doctors are trained to sent and steer families towards donation if they are faced with the most difficult decision of a loved one. who may have been declared brain dead. doctor raphael devised the program. >> the most important, and most important is this critical moment when a person has died. but tell heart is still beating. it's very complicated to explain to family this person is really dead. and so to have the adequate person and adequate place at the adequate moment is practically the main reason which makes the family say yes or the family say no. >> reporter: and that moment can make all the difference. julio had three kidney transplants, the first two from anonymous donors the last from his sister. >> translator: it's very important for a society to know what it means to be able to donate an organ. it can save a life. in my case it allowed me to grow from child oadult and go to university and

>> we have a similar situation in spain. there are strong horses -- forces in the political landscape. we will have elections there too. we have to change it. it is the premise they get to their voters. i think it is -- it is the promise they gave to their voters. i think it is the right thing to do. >> is this reason party -- the syriza party in coalition with the far right party? they disagree on anti-austerity measures. how do you explain that? >> it is a very complicated thing. in our party, we are not very comfortable with it. if you look at the results of the last elections, there was no other alternative. even the past, they made a coalition in 2011 with a much more right-wing party. for me it is important what will be the outcome of their politics. there is one decision i'm very happy about, that the children of greek migrants now have a chance to get greek nationality. and i think this is -- we will see what other decisions are made. >> thank you, german member of parliament from the left party among thank you -- le

and if you travel in the north of spain, where this company is the largest company in that part of spain, you will see that their cities and towns--i was there this summer--you can see right away. you don't have the slum over here and the fancy neigh-- you don't have any of that. there are people with more and less, but it's, the gap is completely different. it's a part of the world in which you could say something like the following and not be lying through your teeth: "everybody's in the middle class." they really did that. but if you want that, this is a way to get it. here's a second thought: you think if the workers made the decisions collectively, they would decide to close the factory or the office where they're working and open one in china, thereby destroying their jobs, their incomes, and the community? ehh, i would guess not. not a big chance of that. you know what they would do instead? they would say, "whatever problems our company has"--like all companies, they have problems--one of the solutions that are not available is leaving. you can't do that. and, by the way, there's

you have radical hearties growing in strength and portugal and spain that have elections this year. you see the rise of the union in france, the xena phobic national union and you see radical parties growing in other parts of europe. so they must put in progress measures instead of these mindless austerity measures which end up crushing the private sector which is self-defeating. >> in germany and brussels, the finance ministers who word -- who were negotiating there so driven by the fear of contagion still that they will do whatever it takes just to try and keep greece and the eurozone. >> the contagion danger today is far less than it was three years ago which was very real. they have immunized a lot of that bonded debt of the greek government which is in the hands of official institutions rather than private banks and the like. i think the real threat is political. they all know that spain has got elections, national elections they have local elections next month and national elections in the end of this year. if you get a radical party in there, that would be contagion. >> how c

spain controlled the mouth of the mississippi. and the trans-mississippi west he noted. and settlers couldn't turn toward it for access to trade. britain controlled the great lakes and the st. lawrence river, offering another option for settlers. native tribes still occupied most of the territory claimed west of the appalachian mountains. he detected little loyalty to the united states in settlers that he encountered on frontier. he wrote, the ties which are weakening every day will soon be no bond. if then the trade of that country should flow through the mississippi or the st. lawrence, if the inhabitants thereof should form commercial connections which lead, we know, to intercourse of other kinds, then in a few years be unconnected with us altogether. for the good of the country and his own finances, he concluded america should secure the frontier. he knew this would require both a military presence and trans-appalachian commercial ties. washington had one such tie principally in mind. potomac river navigation. washington had dreamed of a potomac river navigation long

: spain's youth is rallying for change. demonstration students are marching against a government plan to force them to pay fees. they say it's a move that will turn the right to further education into a privilege that only wealthier people will be able to afford giving fewer prospects to a generation that has been deeply affected by recession and unemployment. >> translator: young people here are facing very complicated situation. there is a very high unemployment. 60,000 have had to leave the country to look forwork, but they are the lucky ones. those who are stuck here have no support. >> reporter: and these are the very people who are helping to change spain's political landscape. the younger voters. they say they are angry at the poor prospects facing them in spain, and angry at the mrital establishment and feel abandoned by them. krup shin scandals have blighted both the ruling conservative government as well as the socialists. while the prime minister stated the nation address this week touted the country's economic g

the unemployment rate today in spain is 23%. the unemployment rate reaches 26%. when you take all of miniature in europe, southern italy, france, the unemployment rate as it has been for years now 20% and more. it's an important number because it's the unemployment rate to the united states and the great depression. southern europe is in a massive depression. german unemployment is at 5%. i'm not blaming the germans. the germans were trapped. they built an industrial plant far greater than their own economy that could assume they have to export them the tools they needed. the others consumed and didn't develop the industry. when it came down to it there's no one european experience anymore. the idea that we europeans are one was lost. germany was experiencing life in a different way than britain was, certainly in a different way than southern europe was in eastern europe facing the russians who are reemerging after 2008 was alone because the spaniards really didn't worry much about the russians. they didn't worry much about the greeks. what happened here was a fr

the unemployment rate today in spain is 23%. the unemployment rate increase is 26%. when you take all of mediterranean europe southern italy, france, the unemployment rate is and has been for years is 20% and more. it was about the unemployment rate of the united states, the great depression. southern europe is in a massive depression. german unemployment is at 5%. i am not blaming the germans. the germans were trapped. the build an industrial plant far greater than their own economy, they had to export. they used all the tools they needed. the others consumed and didn't develop their industry. what it came down to there was no one european experience any more. the idea that we europeans i won was lost. germany was experiencing life in a different way than britain was. certainly in a different way that southern europe was. eastern europe facing the russians who were be emerging after 2008 was alone because the spay huge really didn't worry much about the russians. the germans did worry much about the greeks. what happened here was a fragmentation of europe and it sol

jonathan: a signal for spain as well? andy: look at some of the opinion polls in spain.hey look like they have a good shout running up and spain is a big economy and then you go to italy, the third-largest odd market in the world and even germany cannot say that. are we seeing the whole project unwind? let's sacrifice greece and hopefully hold the whole thing together. jonathan: and he said to me before the program started, in football germany always wins, i asked if they win this time? you see the people in greece push toward making this very decision. the extreme left if you want to call it that. how does that the -- political contagion rollout? vasileios: i am not entirely sure about greece. voters rolling over to the left -- there was a good article in which it was really discussed that basically the anti-euro austerity voters did not increase in size but reshuffled themselves. from smaller parties. i wouldn't call it a matter of winning or losing, but i will say this -- i think the equalization government will have to grow through very serious contention enter terms

is going to cost spain another .5%. they will have to pay a premium for their funding because of the political risk. i leave you with the irony which is this. italy will grow four times. spain will grow at four times the speed of italy. but the cost is dropping much more precipitously. >> stocks in china are heading for their best rally since 2007 after a slight reaction off the back of failed they allow talks -- failed bailout talks. john, a good day to you, what is the latest? >> good morning>>. china is quite encouraging. they saw prices fall before the rally. they are brushing off the greek concerns and it is all go here. there has been your creditor -- easier creditor calls. these factors are driving a property. home sales in december after 12 months of decline, the home front is quite encouraging. >> john, the lunar new year begins on thursday. it is the year of the goat, i gather. what does that mean? >> you are a dog apparently. i have researched this. it is also a dog -- anna is also a dog. this is the year of