ireland and portugal and their rock crushing plights he's a professor of economics at the university of athens and author of the global minute tar america the true origins of the financial crisis and the future of the world economy and we are so happy to have him on this show on a day when there is so much news going on in europe in spain and that has major implications for greece so first of all thanks so much for being on the show professor the pleasure is all mine it really is all mine so let's start with this spanish bank bailout because that's what's all over the news and i know you've been writing about it this is a bailout for the banks but the funds are funneled through the sovereign so this increases the debt for spain possibly by as much as twenty percent according to one number i saw in the financial times so my question what does this do to the spanish government's solvency going forward this bank bailout. it simply ensures that the spanish state is insult and this is our love all over again let's not forget that using the island is in the workhouse of the year percent is not becau

varoufakis economist electorate at athens university where all the talk is at the moment thank you very much indeed . for. russia's defense ministry is refuted reports that any of its landing craft are heading to syria this is media coverage claim the ship allegedly carrying helicopters to the conflict torn country was stopped off the coast of scotland artie's alexia cesky has the details. a russian ship bound for allegedly bound for syria named ali had was stopped at the coast of scotland by the request of the british government its insurance was cancelled and despite that this has not been confirmed by the russian defense ministry nor by anyone else the western media have already came up with allegations and headlines that this ship was carrying helicopters to syria to assad's regime in the conflict zone definitely this is not the first time that the western media has come up with such allegations because without about two russian ships of the black sea fleet which are ready to sail towards syria now c.n.n. and n.b.c. and many other stations came up with with their reports last week believing that these ships were already on their way to syria and those many

athens with t latest. >>> and kate in the spotlight. the duchess of cambridge stepping out at an important charity event today. captions paid for by nbc-universal television >>> welcome to "today" on this sunday morning. i'm jenna wolfe. >> i'm tamron hall in for lester this morning on father's day. >> yeah. what a coincidence, lester takes the day off. actually, a very important event that we're going to get to see some pictures of coming up a little bit later. >> we'll tell you about a tragedy on mount mckinley this morning. four climbers from japan are presumed dead after a massive avalanche ripped down the side of the mountain. amazingly one climber survived. we'll have much more in a moment. >> then, a story that has a lot of people talking about right and wrong. a father who beat to death a man who allegedly molested his little girl now could face criminal charges himself. we're going to have details. >> then we'll switch gears, it is summertime, giving us a chance to catch up on our reading list. from love stories to thrillers, we'll check out some great books for you to pick up and download before you go on vacation. >> as mentioned, it