to issue all this free money clean money to the likes of u.b.s. that then trickles down you know why are they you know all this money u.b.s. is certainly not going to say anything to the treasury about the treasury or the fed because of course they want to make sure they get a jet get out of jail or try to rationalize all the phony that they've received for free to bail themselves out and the fact that it cause economic dislocation they're characterizing it as rather obtuse long paragraph long winded they are they are identifying a genuine situation which is the bottom are poor and the bottom cannot pay even their mobile home loans of course can they. not say it's you the fed that bailed us out it's you the treasury and the department of justice that allowed us to get away with this they can't say that because why would they because they're just going to be like targeted the next go round the next crash as we're experiencing i want to keep. a very close a closer and closer really quickly i'll also tell you about another headline and this is the si

and other guys that u.b.s. and do it your bank that were caught now red handed spoofing manipulating massaging managing whatever you want to say the price of the precious metals acting coercively collusive lee to get that done. that's kind of a it's not a bets not a big scale thing though a lot of time to just traders at these banks manipulating things back and forth and in and working together to get it done back in september of twenty eleven though it was that there was a much bigger picture going on because when the price of gold peaked out and nine hundred twenty dollars an ounce on september the sixth of two thousand and eleven that was the same day that the swiss announced they were paying the franc to the euro. and prior to that through august of two thousand and eleven there was rushing to safe haven because the us had budget crisis in the debt level was soaring and all this kind of stuff in the us is debt rating and the only two save even is left where the swiss franc and gold and both were soaring on

the stock gaining a good six percent and there's also word out that probably of the german company u.b.s. if might be buying those assets we still do not have confirmation yet sources close to the companies breaking this story but obviously there is a pretty good chance that after the european union gave the approval of through the merger last month that also the u.s. authorities will follow ahead and then this merger can be finished in the next couple of months will certainly follow that story very closely thank you very much and scott to new york to russia now where sanctions imposed by the u.s. government to vladimir putin's closest circle and their companies are hitting some of the country's private businesses the latest round of sanctions are partly related to charges of russian meddling in u.s. elections and they could just be the beginning as more sanctions might follow from america's european allies reason enough for russia to go east in search for new customers bowlegged doesn't have much to smile about right now shares in new south the company the hardship its global aluminum e

than they did the same time last year so the share price of philips is up nicely on the other hand u.b.s. the largest swiss bank did not manage to convince investors with its earnings reports and that is seen by some people here as a bad omen for the bank which is going to come out with its first quarter earnings report next thursday and speaking of deutsche bank there's more to talk about here today h. and a the large chinese shareholder of a bank has reduced its stake in deutsche or from. around about five percent to only about eight percent that of course raises the discussion again about you know the. solvency and the reliability of a as a shareholder. that's a highly leveraged company the chinese investor a lot of that involved is not always a good side and maybe more trouble ahead for germany's biggest lender. in frankfurt for us thank you very much for this announce it. does remind us how important it can be to stop and smell the flowers thousands of visitors flocked to the flow in the netherlands this weekend for the annual flop show spring of five hundred varieties of attracting

but yes the scene here it's just amazing though that he said he doesn't say get out of the worst u.b.s. you know all. of them will. try to torch the east coast on this and most no choice was a courtroom was a kind of school which was a kind of i study sequential this is. my mentors and the most important one i think having a simple pull on i mean. i'm more into sports like i come out of sports the goal of medical oh oh. going to school foremost or a secret i would think might says to me if the police are going to constitute people if i took them. not even more with a question as to yes but all yes the chest but us. what they hear a boom that is. hammering on you can witness concrete so what else you want to do with not stiff but an estimate given that it's mama. not listening to you. generally still. look. how do you think it is going to get down on you against. the passage of time hasn't changed valentino's attitude to the people who carried out the attack now those are just. so you know when you must or i need be askew i am behind you of idiots it's in the working on your ground in y

you get out of the worst u.b.s. you know all. of them with. traffic torch from the east coast from was an emotional choice and i was of course from was a kind of school which was a kind of i study sequential this is do it about my mentors and the most important one i think of in this was an. online. are you more into sports like a kind of supportable of medical oh oh. going to school foremost or see it as an annoyance a supreme if the police are going to constitute people the fight to the. naive more with a question as to yes but all yes the chest but us no less. but they hear a big one that it's clear cocks a double decker bites a. i'm hammering on you come with the new skin itself but i see what you do with not stiff but the investment of an idiot see how mamma. read my lips and if you. gently state. how do you think it is going down don't you think when you see. the passage of time hasn't changed valentino's attitude to the people who carried out the attack and those are just. so you know when you most thought i knew coke be askin i am behi

but yes the scene here it's just amazing though that he said he doesn't say that out of the worst u.b.s. you know all. of them with. charley torched on the east coast phones in the most remote choice of i was a courtroom was a kind of school which was a kind of i study sequential this is. my mentors and the most important one i think live in this was an open book on i mean. are you more into sports like a kind of a sport the goal of the vehicle oh oh. going to school foremost or see through it so no it says to me if the police are going to constitute people the photo. naive more with a question as to yes but all yes the chest but i. do best on what they hear a boom that it's clear who cooks and doubled the. i'm hammering on you can with the new school itself but mostly what you do with not stick but the rest method and i did see how mamma. read my lips and if you. gently state. i do you think it is easy to get down on you for anything. the passage of time hasn't changed valentino's attitude to the people who carried out the attack and those are just. so you know when you most thought i

members in close contact with his daughter london considers moscow the chief suspect in the attack on u.b.s. cripple and her father surrogate the kremlin still denies any involvement it is called for a united nations security council meeting in protest after failing in a bid to join britain's investigation. departing on bad terms sixty american diplomats pack their bags and board buses at dawn they're leaving the u.s. embassy in moscow the latest diplomatic expulsion in the wake of the spy poisoning crisis a large number of russians have also been ordered out by the u.s. and other western allies which accuse moscow of orchestrating an attack on sega's script and his daughter yulia in the u.k. in march using a nerve agent with russian foreign minister sergey lavrov claims the attack was staged to justify the expulsion of its diplomats. there who wouldn't preclude the we're going to been a while since we've seen such a blatant mockery of international law diplomatic ethics and basic decency. i will point out that we will continue responding adequately to unfriendly moves but at the same time

the stock gaining a good six per cent and there's also word out that probably of the german company u.b.sf might be buying those essence we still do not have confirmation yet sources close to the companies breaking this story but obviously there is a pretty good chance that after the european union gave the approval through the merger last month that also the u.s. authorities will follow ahead and then this merger can be finished in the next couple of months will certainly fall that story very closely thank you very much in new york to another german giant germany's biggest and formally most renowned lender bank just scott a new c.e.o. his name is christian suing and he has been with georgia for years that won't make his task of ramping up finances easier though and he knows it in a letter published this monday sowing saying there is no time to relax shares of dutch bank have gone up but investors want to see revenue rise to christian saving knows deutsche bank from the inside out the new c.e.o. has spent nearly thirty years there rising from an apprentice to the head of auditing to board

one analyst over at u.b.s. has been pretty bearish on this name around the memory cycle. however, that same analyst initiated with a sell rating on intel not so long ago so interesting to see how that plays out for make ron but nonetheless lots of bearish action for the tech sector. on jitters around this earnings report. and something to observe here, emily, it seems that many of the companies are beating but there is some sort of nuance that investors are hanging on to and that has been causing many shares to slide. >> so obviously earnings season off to a jittery start. we have big names coming up. facebook, microsoft, apple in the days and weeks ahead. what are we expecting? >> i think it is going to be very interesting to see what does happen over the next five days. apple i'd like to talk about apple because apple over the last several days has been down quite sharply over the last five days. you can see that they are down 18.6%. of course last night guidance suggested the iphone demand might be weak. and that stock really down sharply on all of this. around fears t