residents who are now in the uk. n we come back. ♪ [ agent smith ] i've found software that intrigues me. it appears it's an agent of good. ♪ [ agent smith ] ge software connects patients to nurses to the right machines while dramatically reducing waiting time. [ telephone ringing ] now a waiting room is just a room. [ static warbles ] >>> the white house is still in damage control mode after barack obama's toughest week since winning re-election in november. he served under president obama and george w. bush. the house ways and means committee will hold a hearing on the internet revenue services screaming to conservative groups at 9:00 eastern today. >>> meanwhile, as cash scrapped governments look for new ways to raise revenue, policymakers have been cracking down on loopholes overseas the. and mexico says it could have a serious impact on american residents living or relocating abroad. joining us is david scott. the firm recently launched a u.s. division to help investors living in the uk comply with these new laws

union gives a little bit to the uk. the right of each and every country to decide on their own what to do. >> it would be possible for the european union if any country would serve a european union. we must preserve thegs values. >> the participants would have to make their own decision. we'll look at the common history and the politics together. they would have to decide maybe if there is a referendum once. but one thing to be clear, we are not in favor of europe ala carte. we must stick to what we are together which is this european union with a place for the uk, but we must not adapt the reconstruction. >> that position within the eu is clearly understood here. i think the point here is that ultimately that still has to happen. some discussions that i've had, the discussion is necessary. >> that topic is one that is going to run. if you're just joining us, u.s. futures indicate ago weak open this morning. the s&p called down 2.5 points right now. the dow is implied loir by 20 points. the nasdaq lower by 4. we'll have

and those are places where the government in the uk can do more. ou look at the way the germans support their exports, for example, there is always a way for the german government to make sure those exporters get what they need and get the deal done in market. in the uk, we want to spend 0.05% of our public expenditure on trade and i think we can do better. >> do you think companies are looking at the forex volatility we've seen as of late? >> they've got dealer imports. there are always issues like that facing companies. what we try to do is try to help them member mize that risk. >> so net-net, you're saying british companies are still trying to be aware of the big world out there and not to be afraid to go beyond europe. >> don't be afraid and don't be afraid to look at these new markets. there may be things about culture and regulations that you have to get over, but we're going to help and the government will do more to push them more. >> thank you very much. >>> now, first it was gold now it's silver. the precious metal has fallen victim to he

that affects the uk economy. n europe geographical. >> thank goodness the numbers were better geographical. that is the key phrase. corporate news, british investment group old mutual has reported a 7% rise in investments. the company cited progress with its nigerian life insurance business, but in an exclusive interview on cnbc earlier, the group was still facing challenges in its uk market. the uk is still tough. so if you look at the market statistics, retail sales are half of what they were in 2012. so the retail investment sales, you know, are still struggling in the uk. now, i think that is quite clearly the impact of regulation. they are coming through the turmoil that is going through the adviser market. the banks have pulled out of the adviser market. in my view, this is the bad side of regulation. >> as far as european stocks are concerned, after gains we've seen slightly softer today, off 0.1% for the ftse and the xetra dax. the cac 40 off 1% as well as the ftse mib, as well. keeping our eyes on spain,

british prime minister says he's confident, though, he can get his colleagues to agree to new terms for the uk in the eu and avoid a european super state. >>> plus, fed chairman ben bernanke's delivering his latest assessment of the u.s. economy at congress today with investors and analysts looking for clues if there is to be a shift in fed policy. >>> all right, welcome to hump day here on cnbc, the middle of the week. on today's show, tax reform is the main event in brussels today, but eu leaders could also ruffle feathers with tougher talk on bonuses. julie will join us in a few minutes. >>> investors also counting down to the bank of england minutes, due in 30 minutes. we'll speak to one currency expert who sees little change in the policy start. he says the ball, though, has now officially been dropped into future governor mark carney's court. >>> we'll also be in washington ahead of a hearing in congress over the irs scandal as the case casts a cloud over obama's second-term agenda, this according to a former white house deputy press secretary, tony fratto. he'll join us from 11:00 cet.

australia and the uk might see further easing. g-10 space have weakness against the euro/dollar. >> i agree. substantially with your analysis. i think actually i have to say that the commodity producers all around the world are the ones that are noticeable. what do you think about them? >> yes, i think that the declining commodity prices is a key development there related to what's happening in china, slow growth, and a structure shift away from investment towards consumption which is less commodity intensive. and indeed, look at australian dollar and medium dollar. currencies were very highly valued and i think that optimistic assumptions mark commodity prices was key there. so certainly these countries at risk in a lower commodity risk environment. >> and we've been talking to ben on our website, where the u.s. dollar is a commodity currency now because of the shell gas being produced and the energy dependency now. do you think there is a trade in the u.s. dollar currency? >> well, i think it's very difficult as a trade, as you

in the uk, it's kings college. in the u.s., it's northwestern.between those two of the overall ultra high net worth alumni population. that's a pretty big difference compared to the 10% or less at the majority of the other universities. >> and northwestern, great women's lacrosse program, maybe not a coincidence. thank you so much, ceo of wealthex. >> thank you. >> great lacrosse players, yeah. >> i'm telling you, they are one of the most successful women's lacrosse programs of all time, coming out of nowhere, kind of consistent with the wealth list. >>> briefly, keeping an eye on students not just in the classroom but outside as well. new technology called core smart -- this is scary -- tracks how much time people spend reading their textbooks and how much of the material they actually get through. it's being tested at universities this spring. >> nightmare for people like me, for most people as well who aren't putting -- >> i was a crammer guy. i was a crammer guy. that would be horrendous. >> that must be good for tv, somehow. >>> still to com

we had a really nice run in the uk of good data. the data in the last couple, as well as the retail sales, there was disappointment creeping in there. i was really expecting 0.1% growth on the quarter for q2. but at the moment, if you look at the broad data into the pmi, it suggests that perhaps it's becoming a big stronger than that to our forecast currently. perhaps the surprise, as well, that there were still three members of the bank of england despite the fact that we saw in the inflation report growth better than expected and inflation coming weaker than had been expected, as well. that helps with those easing policy. what do you think the bank is going to do, particularly when mr. carney comes in? >> look, our central case is that they won't do very much at all. we think that the uk will recover for more this year, the second half. there's a bit of a pick up in growth. in that context, the banks aren't easing now, we don't see them easing in the second half, either. i think when carney comes in, we don't see them there for the

to our mutual consternation. >> it's not just in the uk, right? it's across europe. ng the rise of extreme right wing groups. it's not disconnected, of course, to economic hardship and austerity measures as well. we've seen that throughout european history. actually throughout world history. but, of course, there is a barbaric event in the middle of all this independent of whatever you're seeing from, frankly, the right wing thugs out there. that's what we saw, extraordinary scenes in london. you know. by the way, not just the murderous scenes. a lot of attention has been placed on these people who wanted to be filmed on cell phone cameras, making these outrageous statements. but incredible bravery from the bypassers who intervened to stop them from proceeding with any more attacks. >> indeed. we understand that these individuals, one of whom, or both of whom were both born in the uk. >> right. >> they don't appear to have any particular connection to a nexus of terrorism, yet they were on the radar of the police in the uk. there are terrible echos near of the tsarnae

london will challenge silicon valley as a real run for its money and why the tech sector will lead the uk recovery. >>> 11:20 cet we'll head out to new york to find out why apples and pastries have got the art world all aflutter. all of that and plenty more to come. >>> meanwhile, just over an hour and nearly ten minutes into the global trading. this is where we stand. stocks 8 to 2 advances outpacing decliners. yesterday the ftse was up just 9 points but still a 5 1/2 year high. a number of stocks reporting today. like iag. ftse up 0.55 and ftse up 1.35 despite negative close in u.s. yesterday. we have a t-bill auction. u.s. treasury just nudging up higher again to 1.87%. worth pointing out this time last week we were 1.62%. and on the currency markets, we already looked at dollar/yen just at 101.30. the aussie is weaker, down to 100. sterling/dollar 0.06. dollar is pretty much up across the board. and dollar up against the euro as well at 130.32. that's where we stand in europe. we're joined out of singapore for the latest there. >> thank you, ross. speaking of currencies after a month

the uk is is the most attractive country for infrastructure development.rding to a new study by an international law firm, the baro. however, the study warns that austerity could hurt the sector. now, meanwhile, the oecd joined calls for more uk infrastructure spending in its report released yesterday. the global think tank urged chancellor osbourn to shift his policies in favor of housing and construction to kick start the economy. matthew jones, partner and head of infrastructure at borrow. welcome, matthew. >> good morning. >> what makes the uk such an abstractive place for infrastructure? >> when we wanted to create the idea of an infrastructure index and rank country, we found that once we had the data, infrastructure investment was attracted to long-term stability and so it's a future of the countries that have come in the upper kwaur tile of that index, that they all have those features of long-term stability. >> despite the fact that there might be a triple dip recession looming still? >> yeah. it's interesting. to be fair, we were intrigued and in

and the uk to work together on sirria there's no trust, when the c.i.a. calling and says slam-dunk on nukes, well obviously that's not true. thank you very much, martin b h bash bashir, thank you very much. >> after the co-author of its controversial immigration study resigns. but, was the dissertation on immigration simply a blunder by heritage or a symptom of wink and nod zenophobia, we'll discuss, just ahead. [ female announcer ] doctors trust calcium plus vitamin d to support strong bones. and the brand most recommended by... my doctor. my gynecologist. my pharmacist. citracal. citracal. [ female announcer ] you trust your doctor. doctors trust citracal. with one extraordinary purpose... to get "man of steel" advanced screening tickets. [ movie announcer voice ] at walmart. see "man of steel" at your local theater before anyone else. get in line 8 a.m. may 18th at walmart. rated pg-13. there was this and this. she got a parking ticket... ♪ and she forgot to pay her credit card bill on time. good thing she's got the citi simplicity card. it doesn't cha

it was under the uk's control but since we're all friend in this, the u.s. d uk, it was under friendly control. >> so him saying -- i think inside control. inside control, our control, putting that together with the detail we've got the bomb in our possession. there's not a big leap to think there's got to be a mole. >> the bomb was made. it didn't get on to any plane. it ended up in a kwanco lab and a senior official saying it was always under our control. lots of people reporting, well, the cia has someone inside al qaeda in the iranian peninsula and that was yet another blow and i think why this became such a big deal. >> talk about exposing something like this and why that is so dangerous. >> i don't think the ap reporting, it reported something that's kind of two steps removed. it reported that this was this bomb that was found and it is at a lab in quantico. that's not exposing the name of the informant or that there is an informant. it led to a sequence of events that did reveal that information. but revealing the name of an informant in al qaeda is a

our apparel platform just started shipping to the uk and canada. e actually found that the feedback has been fantastic because these are markets that don't get that kind of a shopping club experience like we're accustomed to in the united states. >> what do you do? what if there's a problem, they're in the uk and you're here? do you expand your customer service hours? is there something you did to help them? >> chat has always been a big part of it. >> as long as people expect it, they expect it. okay, now to the question of the value of likes on social media. >> we spend a lot of money on building our community. we outsource quite a bit in new york. how does it translate to revenue? >> this is an interesting question. i was speaking to a company with hundreds of thousands of likes but u wasn't doing anything with them and didn't know what to do with them. >> i think it really depends on what kind of business you are. you're getting eyeballs on the site. if you're a car company, likes are not going to move in the same way. >> i'm still not comfortab

the uk cut the amount by 23%.ysts say it's not easy for japan to keep the leading position since it continues to run massive trade deficits with exports and surging energy imports. back to you, karen. >>> japan's fast retailing is not selling labor safety backs in bangladesh at least for now. it will come up for its own safety standards for garment workers. it's a big blow to labor activists. many had agreed to better building in bangladesh. last month's building collapse killed more than 1,000 people. garment buyers are being urged to stay engaged with bangladesh. the u.s. is working with companies to secure support for better safety with countries and safety independents. >> we are working together with labor and civil society groups, our partners in the international community and members of the bangladeshi diaspara. we are encouraging international investors not to turn their back on bangladesh, because the solution is reform, not withdraw. >> sherman says the u.s. government is funding labor and civil service

. >> since last november, the uk has refused to return suspects to the afghan authorities for fear they will be tortured. the solution seems to be to hold them here indefinitely and without charge in a facility where uk lawyers claim up to 85 men are being held illegally. the bbc has had exclusive access to court documents relating to eight of the detainees who are now challenging their detention in the uk courts. , who does not want to be identified, says his comes in is one of the eight and -- his cousin is one of eight and has been held. to find out the charges against him. he did not commit crimes and was not in possession of anything illegal. >> british forces in afghanistan are allowed to detain suspects for 96 hours. the ministry of defense has confirmed 90 suspects are being held. lawyers for eight say they are being held between eight and 14 months. the afghans want the men returned. >> this is against afghan law and is in human. the prisoners should be handed over to the afghan authorities. >> these detentions put the government into a real legal bind. for months, it has been

>> only if you look at the relative performance of this group to say of either in the uk elementary in general it has shown a clean pair of heels to both of those. prudential shares up at their all-time highes and it's all been driven by the growth in the asian business. but they're really tapping into a fast growth market there. they're a dominant brand. they would have been even more dominant if they had completed that acquisition last year that caused some -- to investors at the time. but clearly the motivation was the right motivation to increase that behavior. they have discussed about whether they pull out of the uk and become solely focused on that. but the uk generating profits of around 63 million pounds. so it's a pretty flat market here. it's reflecting the fact of its maturity. >> okay. good. what do you want to do? do you want to just -- so let's just recap hsbc earnings again. and the numbers are doing fairly well. hsbc, underlying profit this morning. for the q1 is 7.6 billion up compared to the first quarter 2012. before tax, 8.434, looking better than expected. when yo

there is acute radicalization in the uk, probably the worst problem of any western country.but in recent years, that problem has also come to the united states. many people have been radicalized on the internet. there have been more english language websites, propaganda. this magazine put out by al qaeda yemen called "inspire" which appears to be accessed by the boston bombers. police here will look at whether these two individuals were also accessing this magazine "inspire." this is an increasing trend and it's causing a lot of concern, jake. >> all right. thank you so much. coming up on "the lead" a 16-year-old american killed by the united states. why are the details of his death still a secret? plus, she was the best kid anybody could have. one 9-year-old tornado victim is remembered by her father. we'll have her story and more on the rest of the oklahoma storm victims coming up. ♪ if loving you is wrong ♪ i don't wanna be right [ record scratch ] what?! it's not bad for you. it just tastes that way. [ female announcer ] honey nut cheerios cereal -- heart-healthy, whole

it was a leisure to welcome so many americans to her remarkable funeral in the uk. i echo what you said about the appalling outrage in boston and i look forward to going to pay my tribute to the people of that remarkable city and we will always stand with you in the fight against terrorism. thank you for the remarks about cricket and basketball. i have not made much progress. i made some progress on baseball, so maybe next time we will work on that one. thes good to be back for first time since the american people return due to office, and as you say, the relationship between britain and the united states is a partnership without parallel. day in, day out, around the world, diplomats and intelligence agencies work together, our soldiers serve together, and our businesses trade with each other. our armed forces are defending the stability that will make us all safer and in the global economic race, our businesses are doing more than $17 billion of trade across the atlantic every month of every year. in a changing world, our nations share a resolve to stand up to, terp

. >> he is a pretty big tv star in the uk. spending all week on the couch, no food, no money.can't leave the place, no water. he's depending on social media to get everything he needs, including entertainment. ♪ >> when we spoke to him yesterday, if you recall, we here at "right this minute," we're sending you a large pizza and soda. >> thank you. >> we promised we would send him a pizza, right? >> yeah. >> we are people of our word. i have the video to prove it. who knew you could sit here in the united states, call a pizza place, have them deliver a pizza in the uk. it arrived at his room on his couch at about 1:00 in the morning london time. and here he is chowing down. you know i have a fetish for watching people eat. >> you're freaking me out right now. i thought this was a video. suddenly it took a creepy turn. >> did he say he enjoyed it? >> he tweeted out thanks "right this minute" for the pizza. just got it, 1:00 a.m. pizza tim time. >> what does the belly of a prom pregnant with quintuplets look like? like that. >> oh, my goodness. >> wow. >> so there's five in there

the week. back in a moment. >>> welcome back. former uk prime minister tony blair told me this week that europe's recession-hit economy is still very fragile. earlier in the week i sat down with mr. blair at the milken institute's global conference in los angeles. we discussed the potential dangers in syria, investing around the world, and the the troubled brewing in that $16 trillion european economy. >> the big problem right now i think in europe is probably as much political as it is economic. in other words, countries are trying to go through this incredibly difficult period of change, and you have got very low growth, or no growth. you've got very high unemployment. in spain now the youth unemployment tops almost 55, 56%. these are huge numbers. so if a country's rate might change without economic growth, this is big political pressure. >> people were very concerned that the solution in sicyprus wl become a standard where depositors really take a haircut. what was your take on the bailout of cyprus? >> i think it was the only thing th

to live in an open and tolerant society. >> reporter: and that's clearly a shared threat between the uk united states that the awareness of radic radicalizati radicalization, whether it's radicalization online or men to go elsewhere and be trained and then come back, a real threat. and a prior of both governments clearly. we know the prime minister headed to new york. he's at the united nations. he is focused right now on global development. actually, the governor, he's headed to ireland. so a little bit of a swap there. suzanne, michael? >> it will be one month tomorrow since the boston bombings. of course, you're not going to want to miss anderson cooper's special report back to boston. that is this friday night. you'll hear really some incredible stories from some of the photographers who captured the moments of last month's bombing. that is this friday, 10:00 p.m. eastern. >> and the deadly boston marathon bombings reviving fears about security in all kinds of sporting events. you've got the winter games coming up in russia. that's not so far away. we talk about sochi, a resort town

this is in the uk. watch this door. it drove through the door at a job center in norwich in the uk. police say once they arrested christopher leaves for this incident that happened back in march, police say he was angry and frustrated over problems with his job benefits and he said during a police interview that he threatened to drive his car through the building. and that's exactly what he did. >> now he's out even more money. >> he doesn't have to worry about money for 15 months because that's how long he was sentenced to jail because he pleaded guilty to dangerous driving and criminal damage. >> now he doesn't have a job, a car or his freedom. >> one more thing, police said he'd do it again. he was not remorseful and almost hit people on his way into the building. >> no wonder he didn't have a job. >>> security cameras at a well-known hotel in downtown toronto capture a pretty chaotic scene. this is a family of four, french tourists. mother, father, a teenaged boy and their daughter. they were complaining to the hotel staff they were hearing sexual noises coming from the room nex

we've seen better-than-expected numbers here in the uk. asia is also pointing the way towards the recovery. you know, of course, we are in a fairly depressed environment in equity markets in terms of volume. this is not helped by self-inflicted wounds, as we've seen, for example, with the financial transaction tax project on the continent. >> xavier rolet calling the low in stock market volumes. and recovering from its 1.6 billion euro loss in fourth quarter of last year, the world's oldest bank has been marred in scandal as the trades also posted a 100 million euro net loss, mainly to the write-downs of bad loans. the ceo says these results are sustainable. there we go. and monte dei paschi's stock down. and hsbc has found $4 billion in annualized savings, looking to cut another $2 billion to $3 billion after next year. that would translate into 14,000 more jobs as the bank's head count continues to fall. stewart gulliver talked about this. we'll see them switch out of unprofitable areas to growth markets. the stock up marginally. >>> and

definitely be more present these days. >> in two days, we have the champions league finals taking place in the uk. that certainly has to have security forces on edge. >> definitely. the british security forces are always fairly confident in big events like those. we had the olympics and everybody was really frightened whether there might be an attack or incident, but nothing happened. they are fairly confident that they can handle large gatherings like that. >> thank you very much. >> in other news, the u.s. secretary of state john kerry is in israel, trying to bring palestinians and israelis back to the negotiating table. after meeting with benjamin netanyahu, he knew there was skepticism and cynicism about the process -- prospect for the stalled talks to resume. kerry is on his third visit to the middle east in as many months. he meets with the palestinian officials later. >> he was also in jordan wednesday for a meeting on cereal with his allies -- on syria with his allies. president bashar al-assad's resignation is part of the plan. leaders are hoping to bring both sides to the table at a con

definitely be more present these days. >> in two days, we have the champions league finals taking place in the uk. that certainly has to have security forces on edge. >> definitely. the british security forces are always fairly confident in big events like those. we had the olympics and everybody was really frightened whether there might be an attack or incident, but nothing happened. they are fairly confident that they can handle large gatherings like that. >> thank you very much. >> in other news, the u.s. secretary of state john kerry is in israel, trying to bring palestinians and israelis back to the negotiating table. after meeting with benjamin netanyahu, he knew there was skepticism and cynicism about the process -- prospect for the stalled talks to resume. kerry is on his third visit to the middle east in as many months. he meets with the palestinian officials later. >> he was also in jordan wednesday for a meeting on cereal with his allies -- on syria with his allies. president bashar al-assad's resignation is part of the plan. leaders are hoping to bring both sides to the table at a con

suzy moat joins us today from the warwick business school in the uk - cheers to you. when did this first come to your attention? - it's more a case that google searches give us some insights into the early stages of traders making decisions. so whereas stock market data tell us something about actions that traders are taking in the markets, google data we thought, could potentially tell us something about the information that traders were looking for as they attempted to make those decisions. - what else did you find in your research, and specifically what words seem to be coming up the most? - we found that terms which were more financially relevant were better indicators of upcoming stock market moves. it obviously is a little bit difficult to say, "is this word financially relevant? is that word not financially relevant?" so what we did is we looked at how often terms occurred in the financial times between 2004 and 2011 and we divided that number by the number of times that google found those terms online. so, for example, "debt" or "portfolio," we looked at a rang

first, syria will continue to face eu restrictions on trade and finance, but after lobbying from the uk and france, the eu possum bar go on sending weapons to syria will end. individual countries will be able to deliver arms to rebels as long as they are approved by the european union and used to protect civilians. andrew symonds is live for us with more on this. no doubt you're going through the complications this could all cause, but first i must refer our viewers to the fact that you came from inside syria. a massively changing situation is what you witnessed. , david, it hasly changed. the whole powershift towards those who have the most money, the most guns. that is where we get into a difficult area because this eu lifting of the embargo in certain cases where, for instance, the uk may ask to do it, and france, another country that push this through him a lobbied very hard, which groups will they back? how will they make safeguards? how will they ensure that they fit the restrictions of the eu that the guns are only used to protect civilians? these are all questions. the bigger qu

we have a bank holiday here in the uk. s a bank holiday, we're working in here and, of course, the weather for the first time in a bazillion years is beautiful. so if you're watching from outside somewhere, enjoy yourself. have a nice cup of tea for me. the cac 40 a little lower right now. xetra dax flat to higher, and the ibex slightly lower and the ftse mib off by 0.25%. the bond markets, it was super exciting at the end of the last week. we saw the yield on the spanish ten-year note falling to below 4%. we're a little bit above 4% right now. we have in general been seeing yields pushing to new record lows on a number of the big bench mark note in europe. analysts are speculating whether or not we're going to see more of this trend continuing. currency markets, again, i don't mind saying it once again. very exciting currency markets in terms of the volatility. at the end of the last week, we had the ecb rate decision cutting rates by 25 basis points. we had draghi being asked about whether or not he was ready for negative

i think the uk's participation in the eu is an expression of its influence. and its role in the world as well as obviously a very important economic partnership. now, ultimately, the people of the uk have to make decisions for themselves. i will say this, that the basic point that you probably want to see if you can fix what's broken in a very important relationship before you break it off, make some sense to me. and i know that david's been very active in seeking some reforms internal to the eu. those are tough negotiations. you've got a lot of countries involved, i recognize that. but so long as we haven't yet evaluated how successful those reforms will be. i, at least, would be interested in seeing whether or not those are successful. before rendering a final judgment. again, i want to emphasize, you know, these are issues for the people of the united kingdom to make a decision about not ours. with respect to syria, i think david said it very well. if you look objectively, the entire world community has an interest in seeing a syria that is not engaged in

we don't have the gun culture in the uk that is prevalent within the inner cities across the u.s. >> now he says students were created and came up with great idea. >> our first idea was a poster that saved every 30 minutes a child their teen is shot. >> they were rn't for example, 30 minutes is the latter time it takes to organize street bowl game and that is close to the target audience, so by putting it 30 minutes into that context they could relate, the target audience could relate to the realities of gun violence. >> and what is needed is a wake up call before it's too late. >> another group had looked at using -- by using memorial street memorial and drawing attention to them, drawing the target audience to them to see who could have murdered. when they get there, it's a mirror, it's not photograph of the kid who is being killed. it's a mirror thinking they could be next. >> so what's the benefit of using this type of art. it's direct. it's where the target is. >> these students not only pitch to each other but to advertising company in the new york via teleconference. >> do you

everyone's young and actually in the uk i think a lot of people thought good on harry. everyone has to grow up, it happens that prince harry is in the spotlight, it's the family he grew up in. >> it's all about what's moving forward, that's why the windshield on our cars sore big, it's what's ahead of us, not the rear view mirror, the little thing. >> already what we're seeing of this fantastic brieginning of t tour he'll be here for another five days or so, he's doing a fantastic job at papering over the last visit he had here, and supporting soldiers for which he's really passionate about. >> he's authentically liked it. we hope his trip goes well and certainly looked like the first lady enjoyed his time at the white house the other day. i know you leave for colorado springs. that's going to wrap things up for me today. thank you for your time. see you back here at 11:00 a.m. eastern on monday. "now alex wagner" is coming up with the intrepid luke russert filling in. >> thomas, how are you sir? president obama refocuses his message on the economy while republicans try

and i think the uk's participation in the eu is an expression of its influence. and its role in the world as well as obviously a very important economic partnership. now, ultimately the people of the uk have to make decisions for themselves. i will say this, that david's basic point that you probably want to see if you can fix what's broken in a very important relationship before you break it off makes some sense to me. and i know that david's been very active in seeking some reforms internal to the eu. those are tough negotiations. you got a lot of countries involved. i recognize that. but so long as we haven't yet evaluated how successful those reforms will be. i at least would be interested in seeing whether or not those are successful before rendering a final judgment. again, i want to emphasize these are issues for the people of the united kingdom to make a decision about, not ours. with respect to syria, i think david said it very well. if you look objectively, the entire world's community has an interest in seeing a syria that is not engaged in sectarian w

prime minister david cameron here in the uk saying that in fact this country will never buckle in the back to you, shep. >> greg, live this evening in our london bureau. let's turn to jeremy thompson now, the evening news anchor for "sky news" a 24-hour cable newschannel owned by fox news, our parent company of our network. this is very disturbing. >> it plays on all the worst fears, shep, of the british government, the british security services, the police. the one they really fear, the extremists that are under the radar, the ones they haven't got a trace on, the ones they haven't been peering over they can keep an eye on. someone who may be just picked up their extremist thoughts becoming franchise from some of the islamist extremist movements who simply turn up and carry out a random act. and i think perhaps what's key as well, it's low-tech. this was done with machetes and knives in the heart of london, they attacked a soldier. the reverberations from this, the fallout could be massive. the british people like the american people, they're very protective about their military. the

we're headed into a holiday weekend here in the uk. n, as i said, we're wait to go hear more about the pace of the u.s. labor market recovery when we come to that figure in a couple hours time. european markets meanwhile guy guesting earnings news. the ftse is higher this morning. the ftse mib is underperforming even though we've seen this massive compression in sovereign bond yields. the ibex 35 looking a little better. but on that note, let's flip over and take a look at what is happening across the debt markets. we're seeing some impressive markets. i'm sorry, here is forex first. forex, up about 0.4%. we've been following that one this morning. the sterling/dollar, higher. i'm sick, this is my last day here on cnbc wex. i don't think i should have to stand up here and do the walls. charlie, you've had, what, a couple of decades of experience, do you think you can maybe handle it at this point if i hand it off to you? >> i'll do my best. >> let's see it. tell us what's happening. >> good morning, everybody. we clearly have something

carved out this a bond center at brookings by paying thirty million dollars and suddenly martin in the uk and all of the people that unit war on the war path for going into iraq and so a person like o'hanlon who's been flip flopping about was that good was it bad he no longer has much of a track record to even talk about the current problems because he was part of creating this current problem so i'm really not surprised that he bailed out it took a lot of manipulation to get the united states into what i call iraq scam and the brookings institution o'hanlon or part of that so no longer he doesn't want to defend it kelly you know. one of the i wish michael had stayed because i want to talk a little bit about syria right now and we're repeating the same mistakes i think it's pretty obvious yes. do you mean like in terms of what the u.s. policy is moving forward yeah i really like interrogating possible intervention or are mean looking for governments after the fact you know all of these things. well you know i'm going to you know i might differ from what that what you're thinking i think t

the uk in the u.s. remain in lockstep on these projects.e take them forward, we will ensure that continuously of those capabilities. it will remain the bedrock of britain's defense policy. we see it as part of our special relationship for decades to come. secretary hagel, i look forward to working with you to maintain and strengthen that relationship in the coming months and years. thank you. >> thank you. if you could be as cobranded as possible, now that we know the white house is rethinking its proposition to arming the rebels and syria, why are you in agreement with that fresh look at rearming the rebels? he isl dempsey has said skeptical about that. my second question, why have you since the emergence of chemical weapons, but new intensity into looking at what might be done in syria? bottom line for both of you gentlemen, secretary hammond, you said all options are on the table. there is a good deal of skepticism. why should anyone leave any of this other than political windowdressing by both governments? eithern't appear as if governm

so we had the uk head of merck pharmacy. and he said, oh, this is rubbish. this medical journal went public. .. a. >> that is just the papers that were published. and it isn't surprising that it has been ignored because they're not just financial but cultural and professional for example, example,, to take a big poster finding from industry trial that would get cited by other academic journals so that one part the impact factor is derived from the number of citations that it gets. remember academic journalists are part time it is not a full-time job and lastly they make money from the reprint of a but when it posted trial or review is published in the academic journal then the drug companies by lots of reprints at $20 a pop then they pushed those and use those marketing materials to give those to doctors to encourage them to use that treatment. that means academic journals have eight conflict of interest. so then there is a conflict of interest section at the bottom of the paper they're not asking you your conflicts but what kind? financial above all like how

the 24-year-old is a graduate of oxford university in the uk. the largest opposition party, the pakistan muslim league, led by former foreign minister nawaz sharif is also working hard to attract young pakistanis. sharif targets young voters. >> translator: i'm saying to all youth, can you build pakistan with me? can you build it again from the beginning? for a new pakistan, can you start a revolution? >> reporter: and young people themselves have begun campaigns, calling on registered voters to take part in the upcoming election. a workshop by a nongovernment group drew many young people from throughout the country. the group says the event was reflecting the voices of young pakistanis in politics. voter turnout rates in recent elections have been in the low 40% range. many young pakistanis have never cast a ballot before. at the end of the workshop, a mock poll was held. >> i learned a lot of things that before i do not know about how to vote, what is valuable everything that we know. >> reporter: attention is focused on whether young voters in

close out the day at all time closing highs with stocks getting help from solid earnings reports in the uk this weekend. the dough ended nearly 36 points higher. the record close there, 15.118. >> the big talk on wall street and all across corporate america today, the mighty american dollar. the u.s. dollar has been getting stronger against other currencies, especially the japanese yen. that's because japan's central bank announced an aggressive plan to stimulate its economy with a glood of money and it's working. so who wins and who loses when the dollar gets stronger and what does all of this mean to you? >> for american consumers, a stronger dollar means the prices of goods from foreign countries like electronics, computers, and cars, may be lower if current trends continue this week the dollar got more expensive in japan, topping 100 yen for the first time in four and a half years. one of the triggers? the central banks in japan and elsewhere are following the federal reserve's lead. they are spending more money. when the supply of any currency begins to grow as it is in japan, the pri

tree is like these will be heading across the atlantic to help keep homes and offices powered in the uk. environmentalists say it is madness. the industry insists it makes economic and environmental sense. >> is because of rules to decrease energy from renewable sources to combat climate change. government consider it to be renewable power. and that's because new trees are planted to replace ones that are burned. as the saplings grow, they soak up the carbon dioxide. once more, it is low-grade trees that are burned away. dodge the bigger trees continue to grow and have more value and it allows the smaller trees to be used as outcomes such as energy. >> of georgia also boasts a natural swamp forests that are full of rare species like these what canary, these woods are also being cut. environmentalists brought us to this plant, making would burn for power. many are clearly from swamp forests. >> this is the native forest in the southeastern united states, tremendously valuable natural resources and this is a misguided policy that will do little if anything to address climate change and ha