we begin this evening with the crisis in egypt and talk to michael hanna, steven cook, and frank wisner. >> the interim government that came in is committed to a road map to get egypt back on the road to democracy, so we are watching a very fast-breaking situation. but i would be very hesitant before i jumped to a conclusion, charlie, that we're looking at another syria or some massive breakdown. egypt is not of that nature. but this could be days in revolving itself and i won't have a neat end. >> rose: we continue with steven cohen looking at u.s./russian relations after president obama canceled his visit to moscow to meet with president putin (in international affairs people say putin is anti-american. i say no, he's non-american. he has a foreign policy from europe to the middle east that's different from america. he takes pride in that and on the basis of that he's made allies. to give snowden, a highly symbolic figure given the surveillance issue would have collided with what putin's done in international affairs. but at home he has a political elite. forget society. the political

. >> for more on the crackdown in egypt and reaction i spoke with steven cook, a senior fellow for middle eastern study. u.s. go further than canceling military exercises if the crackdown continues? >> unlikely. the administration has signaled its disapproval by canceling the exercises. there is sentiment within washington the military aid is important to continue to be engaged with the armed forces, you have the situation in sinai, which is a pillar of american policy. is important despite these events. >> what conversations are going on as the cvs pictures? said, thisresident is an unfortunate turn of events, and escalation. the united states wants to signal its disapproval without severing ties with the egyptians. there is a sense if the aid package is cut, the united states would not have the ability to influence or talk to egyptian forces. >> interesting to see the uae praise to the crackdown. some gulf states have given $12 billion to the government. lead?s the >> the emirates are opposed to the muslim brotherhood. the saudi's and the kuwaitis have put up money to the egyptians. the

we begin this evening with the crisis in egypt and talk to michael hanna, steven cook, and frank wisnerernment that came in is committed to a road map to get egypt back on the road to democracy, so we are watching a very fast-breaking situation. but i would be very hesitant before i jumped to a conclusion, charlie, that we're looking at another syria or some massive breakdown. egypt is not of that nature. but this could be days in revolving itself and i won't have a neat end. >> rose: we continue with steven

steven cook with his views this morning as we head into an important weekend. >> thank you very much. >>> on that note, dow is off some 35 points. let's get a market flash with dom. >> carl, check out shares of us airways. federal judge says she wants to see a trial sooner than march regarding the justice department's efforts to block the proposed merger between us airways and american airlines. the government has requested that march date but the airlines want the case to be heard in november. the judge did not give a specific proposal but says that march is, quote, too far off. simon, back over the you. >> thank you, dominic. >>> we'll find out if promotions like this could help apple stock and help sales of the new iphone this fall. "squawk on the street" will be right back. (announcer) at scottrade, our clients trade and invest exactly how they want. with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to. plus, when i call my local scottrade office, i can talk to someone who

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stevens jobs. now we're going to see apple without steve jobs. >> so you're shorting apple. >> i'm not shorting apple. i like tim cooksaying apple is going down without steve jobs. that's what you said. >> okay. i'll say it publicly. he's irreplaceable. they're not be nearly so successful because he's gone. >> where do you come down on what nsa is doing? >> well the great thing is we live in a democracy. if we don't like what nsa is doing, we can always get rid of the government and put in another government. i think -- actually we've been collecting this information for so long long before nsa was collecting it. let me tell you who was collecting it. american express bank of -- visa. all of your credit card data and all of your financial records. this whole issue of privacy is utterly fascinating to me. who's ever heard of this information being misused by the government? >> i hear what you're saying. whatever they're doing is okay with me. >> president obama thinks it's essential. it ooh essential if we want to minimize the kind of strikes that we just had in boston. it's absolutely essential. >> but at what point