11
11
tv
eye 11
favorite 0
quote 0
we're looking at this weekend with greek elections now you could say that the political parties in greece have fallen into two categories those in favor of the two hundred forty billion euro bailout loan of course to extreme austerity measures and those against it now here are the major players were looking at sunday's series the party led by alexis tsipras this is one of their rallies there he is ok he's running on a staunch anti austerity platform he stated publicly that he believes greece will not be pushed out of the euro even if they break with the austerity measures tied to the bailout on the other side we have new democracy leader antonio is some of us now he's campaigned on a platform to keep greece in the euro zone but he's been walking a tightrope of promising fiscal adjustments to ease the pain associated with the memorandum now on june first that is the last date opinion polls were allowed to be publicized new democracy lead with twenty two point seven percent syriza had twenty two percent and eleven point two percent but i should mention there is a two point eight percent mar
we're looking at this weekend with greek elections now you could say that the political parties in greece have fallen into two categories those in favor of the two hundred forty billion euro bailout loan of course to extreme austerity measures and those against it now here are the major players were looking at sunday's series the party led by alexis tsipras this is one of their rallies there he is ok he's running on a staunch anti austerity platform he stated publicly that he believes greece...
14
14
tv
eye 14
favorite 0
quote 0
but not to greece because greece had to pay every single euro of the four point two billion to the european central bank now why why do they see b. they see b. in its wisdom if you recall a year a year and a half ago entered the secondary bond market and bought stressed bonds of these islands on support of the problem up that failed of course and nevertheless it ended up with billions of worth of greek government bonds in its books now in march those bonds for all other bond holders where haircut savagely of the c.b.s. so this would be wanted to take its money back to have its bonds get government bonds that it didn't and heavenly at face value even though the they said he never bought them at face value they bought them a twentieth or thirty percent. discount which means that the greek government and that's how i finalize the whole thing. to have weeks both focal you could billion from one of the european union from the epicenter in order to give it all say to the e.c.b. so that these would be could profit from the bankruptcy of the greek state where the greek population was being screwed
but not to greece because greece had to pay every single euro of the four point two billion to the european central bank now why why do they see b. they see b. in its wisdom if you recall a year a year and a half ago entered the secondary bond market and bought stressed bonds of these islands on support of the problem up that failed of course and nevertheless it ended up with billions of worth of greek government bonds in its books now in march those bonds for all other bond holders where...
18
18
tv
eye 18
favorite 0
quote 0
and the question is if this democratic disillusionment is really unique to greece or is this something that is missed metastasizing across the european continent spreading into countries like italy and spain with the eventually wallaby that the tumor will at some point prove too large for the german corps and its surplus brother and to remove without risking a european wide disintegration well earlier i spoke about all of this with a yawn as pelosi is a contributor for the american prospect former editor in chief of free sunday a great journalist here's his take on the election results. basically the the center down to the issue of. the euro and what it takes to stay in the euro and most people were afraid that the victory would jeopardize which is usually the euro turning to new democracy even. if even though there were these yes think about this as some of us and. policies and most of the people who are really sick of austerity decided to go for sousa to try to give them the victory and in the end as you say it was a close run thing but the fear of an exit was slightly higher than th
and the question is if this democratic disillusionment is really unique to greece or is this something that is missed metastasizing across the european continent spreading into countries like italy and spain with the eventually wallaby that the tumor will at some point prove too large for the german corps and its surplus brother and to remove without risking a european wide disintegration well earlier i spoke about all of this with a yawn as pelosi is a contributor for the american prospect...
444
444
Jun 16, 2012
06/12
by
FOXNEWSW
tv
eye 444
favorite 0
quote 0
greece, i'm sorry, todd. >> it's smart money, salivating at this. this market is going to plummet on monday. >> oh, my gosh, we've got a love-- >> and all right, well, go to the bar another time, everybody. coming up, u.s. senators grilling jp morgan's ceo, not one question about the 4 trillion dollar public pension time bomb his firm discovered. well, neil and his gang are asking questions, that's in a few minutes, but up next here, president obama deciding to let hundreds of thousands of illegal immigrants stay and legally work in america. now, someone here is saying he just put any chance of a jobs recovery on hold. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are sayin
greece, i'm sorry, todd. >> it's smart money, salivating at this. this market is going to plummet on monday. >> oh, my gosh, we've got a love-- >> and all right, well, go to the bar another time, everybody. coming up, u.s. senators grilling jp morgan's ceo, not one question about the 4 trillion dollar public pension time bomb his firm discovered. well, neil and his gang are asking questions, that's in a few minutes, but up next here, president obama deciding to let hundreds of...
WHUT (Howard University Television)
170
170
Jun 2, 2012
06/12
by
WHUT
tv
eye 170
favorite 0
quote 0
greece exit the single european currency. >> if greece led to the euro, the reaction would be frantic. every government, every central bank and all financial markets would be faced with the immediate choices. the first 48 hours of a greek exit would depend on precisely why the exit happened. politically, it is impossible to expelled breeze from the eurozone. neither of the parties likely to win the election want to leave. driven by economics, driven by capital flight, bank loans and the breakdown of cross border payment mechanisms. correct -- >> you are going to get less money back. there is also a significant likelihood that banks would go under in greece. the last number of companies would be bankrupt as well. there are straightforward forms of default. >> with the far left writing -- riding high in the election, a collapse would spell trouble. and there is already trouble. >> we have total polarization and an economic program the greeks did not voted 4. we have violence in the street and near not seize in parliament. -- near nazis in parliament. it is going to be awful, but it is a
greece exit the single european currency. >> if greece led to the euro, the reaction would be frantic. every government, every central bank and all financial markets would be faced with the immediate choices. the first 48 hours of a greek exit would depend on precisely why the exit happened. politically, it is impossible to expelled breeze from the eurozone. neither of the parties likely to win the election want to leave. driven by economics, driven by capital flight, bank loans and the...
14
14
tv
eye 14
favorite 0
quote 0
it given that greece is. the position right now it is highly unlikely that there will be a lot of signals. you can't if you want really real interest rate that you're so you'll exchange rate adjustments on the accounts and in other words they will not provide a safety cushion for people against the future devaluation of the setting will be probably at the exchange rate close to the one at which greece went into the euro the first place but that will follow immediately with a devaluation of twenty to thirty percent with them literally hours of introduction of that exchange rate and that will continue to develop a show that it will continue expectation is that drucker would have to devalue by about sixty percent in the meantime before it hits sixty percent it probably will devalue by seventy percent first and then will straight them up a little bit towards the sixty percent this is all of course not exact science because we don't know exactly action it also will depend on how much it is will default on will the
it given that greece is. the position right now it is highly unlikely that there will be a lot of signals. you can't if you want really real interest rate that you're so you'll exchange rate adjustments on the accounts and in other words they will not provide a safety cushion for people against the future devaluation of the setting will be probably at the exchange rate close to the one at which greece went into the euro the first place but that will follow immediately with a devaluation of...
13
13
tv
eye 13
favorite 0
quote 0
the next greece is to build a governing coalition something that will probably take over the next few days the greek general election looking kind of that. given the expectations if you don't understand parliamentary democracy don't worry about it just know that we believe somebody might actually be running this country before the end of the week . we feel it our duty to clarify some of what's going on on this show for those who do care how it actually works beyond just you know some blanket statements you know don't worry about parliamentary dip democracy or how it works we care it is true that in part greece's problems are reflective of a wider crisis that touches not just its european neighbors but the entire world there's a crisis of debt a crisis of overspending and of malinvestment going on in the world today this economic crisis has fueled a political one in countries throughout the world to europe stands as the poster child for this crisis in the developed world but the united states with its tremendous trade and current account deficits and its burgeoning public and private d
the next greece is to build a governing coalition something that will probably take over the next few days the greek general election looking kind of that. given the expectations if you don't understand parliamentary democracy don't worry about it just know that we believe somebody might actually be running this country before the end of the week . we feel it our duty to clarify some of what's going on on this show for those who do care how it actually works beyond just you know some blanket...
13
13
tv
eye 13
favorite 0
quote 0
that ad you just saw the lure tourists to greece was not paid for by the government it was frowned funded to raise money for from all over the world we'll talk to one of the founders of the initiative that made this possible in the second half of our show plus can and should the u.s. tax code attempt to bolster jobs and innovation in alternative energies senators were talking about it on capitol hill today but commodities expert dr stephen leeb is here to tell us if the u.s. is already being left in the dust compared to other countries when it comes to renewable energy development and what this means if we truly do face oil scarcity let's get to today's capital account. so by late yesterday the spanish so called solution the bank bailout had already turned back into a crisis it is evident in spanish bond yields that we saw spike today to record dragging italian bond yields with them they they were up to and of course greece is next on the docket we have elections this sunday so uncertainty really seems to be the name of the game and in terms of policy solutions and to what extent the priv
that ad you just saw the lure tourists to greece was not paid for by the government it was frowned funded to raise money for from all over the world we'll talk to one of the founders of the initiative that made this possible in the second half of our show plus can and should the u.s. tax code attempt to bolster jobs and innovation in alternative energies senators were talking about it on capitol hill today but commodities expert dr stephen leeb is here to tell us if the u.s. is already being...
13
13
tv
eye 13
favorite 0
quote 0
and that's the result of that greece will not have lots of fun. thinks it's over my will to fold effectively on the payment system capital controls will come in political system will become destabilized once again behavior is the greeks oh it is talking about food they're still going to provisions as we know from the reports from athens and from the us through these there is a capital flight going on that capital flight is going to accelerate through the illegal black market channels where people will be withdrawn from the banks the money where they have access to this money so for example the deposit boxes jewelry and things like that will be thrown out the marketplace the whole system collapses and there's a lot of that that is inevitable that you still have to leave you know there is an opportunity to facilitate default the real deal for all this is something that i would call the marshall plan which has to happen across the entire eurozone at certain point in time not just in greece but also in other countries like ireland portugal spain other
and that's the result of that greece will not have lots of fun. thinks it's over my will to fold effectively on the payment system capital controls will come in political system will become destabilized once again behavior is the greeks oh it is talking about food they're still going to provisions as we know from the reports from athens and from the us through these there is a capital flight going on that capital flight is going to accelerate through the illegal black market channels where...
9
9.0
tv
eye 9
favorite 0
quote 0
hellenic republic and the eurozone but are we really looking at a choice between a catastrophic and for greece and lists chaos catastrophe at this point can nothing outweigh the benefit of a default we'll talk about it and on the crisis management side the european central bank reportedly stands ready to act if there is market turmoil the u.k. reportedly will unleash aggressive monetary policy in the face of a worsening euro zone debt storm so central banks are threatening to turn on the spigots. thanks. that's what they aim to do but will they drown us all in liquidity pumping an extra liter of liquidity into a container losing gallons by the day does nothing to change the deflationary dynamic will discuss plus it's friday we'll show you the incredibly creative way one of our viewers came up with to distinguish between a head and a proprietary trade once and for all since jamie diamond says he can't see that more in viewer feedback let's get to today's capital account. all right let's quickly recap what we're looking at this weekend with greek elections now you could say that the political pa
hellenic republic and the eurozone but are we really looking at a choice between a catastrophic and for greece and lists chaos catastrophe at this point can nothing outweigh the benefit of a default we'll talk about it and on the crisis management side the european central bank reportedly stands ready to act if there is market turmoil the u.k. reportedly will unleash aggressive monetary policy in the face of a worsening euro zone debt storm so central banks are threatening to turn on the...
WHUT (Howard University Television)
162
162
Jun 15, 2012
06/12
by
WHUT
tv
eye 162
favorite 0
quote 0
can greece afford to do that? >> i cannot tell you about specific economic -- speak about specific economic details, but i think that it's now the time to change things and try to work hard in order ensure the strong position of greece inside the eurozone. >> ok. lydia, thank you very much indeed. in fact, let's go to berlin now. we can go to steve evans. lydia learning her german in preparation for finding employment perhaps with a german firm. as far as angela merkel is concerned, she was saying there was no miracle solution that germany could offer the eurozone crisis at the moment. do you detect any change at all in her position? >> i can't detect any change at all in her position. her position is germany hasn't got limitless resources and there will be no renegotiation. having said all that, she's not lecturing greece's historical baggage here. so she's staying silent on what greece should do, but it's absolutely clear that she was -- she will find great difficulty with a government that had a mandate to rene
can greece afford to do that? >> i cannot tell you about specific economic -- speak about specific economic details, but i think that it's now the time to change things and try to work hard in order ensure the strong position of greece inside the eurozone. >> ok. lydia, thank you very much indeed. in fact, let's go to berlin now. we can go to steve evans. lydia learning her german in preparation for finding employment perhaps with a german firm. as far as angela merkel is concerned,...
24
24
tv
eye 24
favorite 0
quote 0
bodies and greece in hiding greece's debt to get them into the european union this is a better story that's been around for a while now they're finally getting around to focusing on it the fact that common sacks help greece high debts goldman sachs of course a big player in causing financial disruption around the world your thoughts. well i was reading in the declaration of the head of. goldman sachs yesterday mr blankfein and he was she saying that he wishes to stay on forever so only his bank but he will be staying on forever and this reminds me that when we had our debate unfortunately i did not know that goldman sachs was advising greece not for the sake of greece but for the sake of goldman sachs so it was advise in greece of telling them how to hide some statistics to hide the real bad shape of the economy but on the other hand there was the same time apparently betting against the bonds of greece there would be two types of countries no longer developed and underdeveloped no longer rich and poor you're going to have two types of countries in the world today emerging countries
bodies and greece in hiding greece's debt to get them into the european union this is a better story that's been around for a while now they're finally getting around to focusing on it the fact that common sacks help greece high debts goldman sachs of course a big player in causing financial disruption around the world your thoughts. well i was reading in the declaration of the head of. goldman sachs yesterday mr blankfein and he was she saying that he wishes to stay on forever so only his bank...
257
257
Jun 14, 2012
06/12
by
KCSMMHZ
tv
eye 257
favorite 0
quote 0
>> well, it is true that greece is a very small economy in europe, so many policymakers outside greece are making plans. they have their firewalls now and they are playing with idea that they are leaving but it's basically the litmus test of what the eu can do. if greece cannot be rescued we will see a banking run in ireland, portugal, perhaps spain and that would be a huge, huge challenge. >> speaking of spain and italy in particular, they are of course struggling with very high bond yields at the moment. how much more would a greek exit impact this. >> there would be a major impact. the situation in greece would deteriorate tremendously. all banks would be bankrupt. that would have an impact on all banks in europe, particularly in spain and italy. we would have seen companies going out of business, almost all of them with euro credit. the rescue plans would be really squeezed and being pushed forward. >> i know that markets have really been looking for some certainty to come from somewhere. what does the eu need to do now to ensure that these problems don't spread as some markets are
>> well, it is true that greece is a very small economy in europe, so many policymakers outside greece are making plans. they have their firewalls now and they are playing with idea that they are leaving but it's basically the litmus test of what the eu can do. if greece cannot be rescued we will see a banking run in ireland, portugal, perhaps spain and that would be a huge, huge challenge. >> speaking of spain and italy in particular, they are of course struggling with very high...
12
12
tv
eye 12
favorite 0
quote 0
because or this is a cause or a report so what's going on with greece did they put a gun to their head and they did the right thing stacey or max keiser markets finance chaos. yeah you know i want to look back at some of the headlines preceeding the sunday vote that happened in greece to remind you as we go forward because you see spain and italy are also now you know their cost of funds are increasing it looks like chaos will follow there perhaps france as it got downgraded so let's look at the lead up to the greek elections world bank warns that euro collapse could spark global crisis you're facing lehman's moment says outgoing head robert zoellick as greeks are warned over key election the telegraph warned greek election catastrophic vote to leave euro would cause bank run. well it was like a lehman brothers moment but let's remember what the lehmann brothers moment was all about the stock was down sharply and then a false rumor was started and attracted naked short sells that is this a counterfeit stock sales of lehman brothers stock flashforward to greece greece also being attacke
because or this is a cause or a report so what's going on with greece did they put a gun to their head and they did the right thing stacey or max keiser markets finance chaos. yeah you know i want to look back at some of the headlines preceeding the sunday vote that happened in greece to remind you as we go forward because you see spain and italy are also now you know their cost of funds are increasing it looks like chaos will follow there perhaps france as it got downgraded so let's look at...
16
16
tv
eye 16
favorite 0
quote 0
second memorandum that missed it by the most because i got what greece. was going to commit it was a cd of three things loan installments that it received from the leica. payments that we make to the troika from those loans and thirdly a state of the measures that these screwed up relation to the ground. the government has been the interim government but the economic tactics opposed the government was. a lie and on the. parliamentary support of the major parties cannot by placing these social civil servants sort through this completely so the greek government begins its part of the now let me give you mention of particular pain of the people the people if you meant some too. two and a half weeks ago according to the show journal of lonesome and raymond's greece was was it was going to receive five point two billion euros from the epicenter of which five point two billion is it would have it will be able to keep one billion for the use by the greeks they for buying pharmaceuticals for them for hospitals and grain for schools and pensions and stuff one out
second memorandum that missed it by the most because i got what greece. was going to commit it was a cd of three things loan installments that it received from the leica. payments that we make to the troika from those loans and thirdly a state of the measures that these screwed up relation to the ground. the government has been the interim government but the economic tactics opposed the government was. a lie and on the. parliamentary support of the major parties cannot by placing these social...
168
168
Jun 18, 2012
06/12
by
CNBC
tv
eye 168
favorite 0
quote 0
in greece nothing has been work. now you have to send tax forms out and start collecting taxes and implement more measures. you have to fire 15,000 civil servants. what makes this a problem. >> reporter: how does this play out? ultimately you believe there will be a much greater fracture and it wouldn't just be from the greek leaving euro, whole euro could break up. let's look at greece. four main issues. budget deficit. lack of competitiveness. we import more than we export. our economy is unreformed. red tape bureaucrat and unsustainable debt. yes there was a bit of package that extended the maturity of the loans and interest rates went down but with 160% debt gdp that's unsustainable and nobody in their right mind will invest in greece. it leaves 22% unemployment in greece and 6%, 7% in northern europe. greek believe go to germany but we don't that have labor mobility to support in europe now that we have in the u.s. no levers to relieve the pressure. what will you do with the unemployed. >> reporter: you sound ve
in greece nothing has been work. now you have to send tax forms out and start collecting taxes and implement more measures. you have to fire 15,000 civil servants. what makes this a problem. >> reporter: how does this play out? ultimately you believe there will be a much greater fracture and it wouldn't just be from the greek leaving euro, whole euro could break up. let's look at greece. four main issues. budget deficit. lack of competitiveness. we import more than we export. our economy...
16
16
tv
eye 16
favorite 0
quote 0
greece has recently forced to take from the f.s.f. this is a perfect example of your ev your schema of a ponzi austerity who exactly forced greece to take the loan was it in the interim government that accept the loan who profited from the loan so go into greater detail in the pond just barely reversed ponzi scheme as it relates to greece and the bass amp loan you will recall about the last number we had this supposed economic about being installed that's what i mean is that i know i'm elected but i mean is that a very famous that probably means one of the worst central bankers in the world given up together with missing initiate increased interest rates a month before human brothers went up when it went down in flames this gentleman mr bob i mean this will happen to be a colleague of mine of university of auckland. effectively presided over the negotiations that led greece to signing a second memorandum of understanding second bailout the right i spoke of that the. second memorandum that mr pope of the most because i thought what gre
greece has recently forced to take from the f.s.f. this is a perfect example of your ev your schema of a ponzi austerity who exactly forced greece to take the loan was it in the interim government that accept the loan who profited from the loan so go into greater detail in the pond just barely reversed ponzi scheme as it relates to greece and the bass amp loan you will recall about the last number we had this supposed economic about being installed that's what i mean is that i know i'm elected...
147
147
Jun 15, 2012
06/12
by
CNBC
tv
eye 147
favorite 0
quote 0
. >>> it's the final countdown in greece. people prepare to head to polls on sunday potentially deciding their fate in the eurozone. >>> very good morning to you. welcome to the program. major central banks have begun outlining their positions after coordinated action to support markets citing g-20 sources. if the greek election result triggered a market rout, central banks would step in to prevent a credit squeeze. >>> the bank of england will restart its emergency liquidity facility or extended collateral term repo facility next week on the 20th of june. the bank of england says it will hold one august shun per month until further offering 5 billion pounds at each auguction. >>> and mario draghi said he is ready to support europe's banks. he says the ecb will provide liquidity to solvent banks where needed. >> the ecb has the crucial role of providing liquidity in return for collateral. this is what we have done throughout the crisis, faithful to our mandate of maintaining price stability over the medium term. >>> silvia is
. >>> it's the final countdown in greece. people prepare to head to polls on sunday potentially deciding their fate in the eurozone. >>> very good morning to you. welcome to the program. major central banks have begun outlining their positions after coordinated action to support markets citing g-20 sources. if the greek election result triggered a market rout, central banks would step in to prevent a credit squeeze. >>> the bank of england will restart its emergency...
16
16
tv
eye 16
favorite 0
quote 0
exiting the euro zone how much would that be and would it be good for greece to come out of the euro zone i would say you know by next theater i would say that is at least a probability the greece exit the eurozone thing about and surely even if they like not in two and a new government is going to try to get a forum that it can all mixtures are coming so sustainable that they will exit and i would say that it could be good for them as well as the exit is orderly. and means that then they have a massive depreciation on that actually called local believe that a store growth to restore excel ballance of the b. damage the banks damage the savings of people in the banks and that's why did they need more funding to make sure that raising all these old believe and the contagion of the rest of the eurozone is mol there so if they could see it that way and it's fine. sunny's all of the early probably it's a manageable look on the bags do you think in the worst case scenario when greece for example exits the years and we see defaulting on the other countries in the peripheral europe also doin
exiting the euro zone how much would that be and would it be good for greece to come out of the euro zone i would say you know by next theater i would say that is at least a probability the greece exit the eurozone thing about and surely even if they like not in two and a new government is going to try to get a forum that it can all mixtures are coming so sustainable that they will exit and i would say that it could be good for them as well as the exit is orderly. and means that then they have...
22
22
tv
eye 22
favorite 0
quote 0
again at the end of the week the fate of the greek economy and society looms large if greek you have greece decides to leave the euro what kind of a shock waves will that decision have on the rest of europe also another secret government document was leaked today revealing new information on president obama's free trade policy beliefs what exactly did the report say what is the why is the white house standing up for foreign companies and not the american workers and what ever wonder what america would be like with a fascist government a bit romney becomes president former vice president may well have suggested we'll find out very quickly explain why and how into that steely take. in screwed news of an election looming at the end of the week greeks are preparing for the worst case scenario an exit from the euro and is suing economic crisis polls show that the leftists are is a party which is against austerity and wants to cancel the greek bailout is winning by a slim margin heading into sunday's election a series of party victory could mean greece leaving behind the euro and going back to th
again at the end of the week the fate of the greek economy and society looms large if greek you have greece decides to leave the euro what kind of a shock waves will that decision have on the rest of europe also another secret government document was leaked today revealing new information on president obama's free trade policy beliefs what exactly did the report say what is the why is the white house standing up for foreign companies and not the american workers and what ever wonder what...
13
13
tv
eye 13
favorite 0
quote 0
but greece has obviously been in the news and everyone's eyes have been on greece and then you still have italy and you still have spain and spain is the fourth largest economy in the euro zone and so you know what happens there right because we keep asking these questions of what are the referee caution is how it can affect the global economy if spain does exit or if it doesn't regardless i guess it's been ok for the u.s. for now because everyone's just buying up you know our government bond but this is spain what kind of you know what kind of shock that be like you know the euro could never make it. they can't even bill it's been spain's too large you were saying they're the fourth largest economy in the reality is their bubble was monumental we're not even halfway done with the write downs and need to be taken property prices are going to go down much for the whole spanish banking system is installed basically so the question is how do you deal with that the right thing to do would be to write down the debts you know have you hold is wiped out take subordinate write that down as m
but greece has obviously been in the news and everyone's eyes have been on greece and then you still have italy and you still have spain and spain is the fourth largest economy in the euro zone and so you know what happens there right because we keep asking these questions of what are the referee caution is how it can affect the global economy if spain does exit or if it doesn't regardless i guess it's been ok for the u.s. for now because everyone's just buying up you know our government bond...
93
93
Jun 17, 2012
06/12
by
FOXNEWS
tv
eye 93
favorite 0
quote 0
thank you. >> eric: jamie, from greece to iran. the u.s. and five powers meeting in moscow tomorrow for yet another round of talks aimed at trying to stop iran from building a potential nuclear bomb and the latest negotiations come weeks before the sanctions kick in, an oil embargo go from the european union and with iran in turmoil and the currency lost 50% of its value, prices sky rocked 40%, will more economic sanctions finally force tehran to give into western demands or will the iranians continue their brazen abject defiance? john bolton, a former ambassador to the u.n. and a fox news contributor who joins us every sunday at this time. good morning, ambassador. >> good morning, eric, glad to be with you. >> eric: there were zillions of meetings in vienna and istanbul and tomorrow, moscow, why would we expect any different result from the meetings that start tomorrow than before? >> well, i think it is very unlikely there will be a different result. we have seen a lot of coordination in the past few weeks, between russia and iran. every
thank you. >> eric: jamie, from greece to iran. the u.s. and five powers meeting in moscow tomorrow for yet another round of talks aimed at trying to stop iran from building a potential nuclear bomb and the latest negotiations come weeks before the sanctions kick in, an oil embargo go from the european union and with iran in turmoil and the currency lost 50% of its value, prices sky rocked 40%, will more economic sanctions finally force tehran to give into western demands or will the...
186
186
Jun 19, 2012
06/12
by
KNTV
tv
eye 186
favorite 0
quote 0
just ask greece. for greece and the other troubled economies to recover they need growth. without it the eurozone is in trouble and that could lead to trouble for the already shaky recovery in the u.s. it's no wonder, brian, the world's media descended on this country over the weekend to see how it played out. >> all right. stephanie gosk in athens tonight. thanks. >>> our first two stories here tonight, greece and egypt among the places being watched closely at the g20 summit, which started today in mexico. president obama is there. so is russia's president vladimir putin. there is new tension between those two between the u.s. and russia over syria and the uprising there and you could see the tension between the two of them today. our chief white house correspondent and political director chuck todd reports tonight from los cabos. >> reporter: it was the first meeting between president obama and newly reinstalled russian president vladimir putin. the stickiest issue they discussed? syria. >> we discussed syria where we agreed that we need to see a cessation of the violen
just ask greece. for greece and the other troubled economies to recover they need growth. without it the eurozone is in trouble and that could lead to trouble for the already shaky recovery in the u.s. it's no wonder, brian, the world's media descended on this country over the weekend to see how it played out. >> all right. stephanie gosk in athens tonight. thanks. >>> our first two stories here tonight, greece and egypt among the places being watched closely at the g20 summit,...
98
98
Jun 6, 2012
06/12
by
WMPT
tv
eye 98
favorite 0
quote 0
this is in the west of greece. beautiful weather. it's a pretty hard life, really. it's nice and beautiful and sunny london, but all is not calm here, because the tourism industry is falling sharply. many greeks are very worried about the future of tourism in this country, as there are pretty rough waters ahead for this country's most important industry. in the clear waters around this island lies a hidden treasure -- logger head turtles gliding through the largest nesting area in the mediterranean. they still draw the crowds, but far fewer now. the turtles are an endangered species, but its tourism here is under threat. numbers have plummeted. brits down by 20%. germans and irish almost by half. this is no longer the first choice for cash-strapped visitors wary of an unstable greece. >> everybody's scared. nobody knows what they're going to do this winter. a lot of people have already decided, even though it's june and they realized they're not going to make the money by october to pay their debt, and they're already planning to leave and go back to spain, america,
this is in the west of greece. beautiful weather. it's a pretty hard life, really. it's nice and beautiful and sunny london, but all is not calm here, because the tourism industry is falling sharply. many greeks are very worried about the future of tourism in this country, as there are pretty rough waters ahead for this country's most important industry. in the clear waters around this island lies a hidden treasure -- logger head turtles gliding through the largest nesting area in the...
82
82
Jun 15, 2012
06/12
by
CNBC
tv
eye 82
favorite 0
quote 0
more than greece, portugal, irish and spanish debt together. how do you stop it at greece? >> last time you were on, we talked about the risk of systemic events based on whether or not greece stays in the euro and firewall greece. and at the time, you thought that the u.s. financial system could handle it and you were pretty confident that, indeed, we'd kind of moved through this. but when you look at what happened yesterday, after that reuters story about the central banks and the whipsaw, it seems the volatility and fear trade is moving back off the table. >> i think systemic risk is always there to some extent. the u.s. is not completely isolated from what's going on in europe. i think in terms of exports, surely we in the u.s. withstand a slow down in economic growth in europe but if the issues spread in to the rest of europe, if greece leave it is euro, i continue to believe that has an affect on our capital markets here in the u.s. for that reason, we continue to talk to investors about the need for including noncorelated asset classes. >> okay. for the rest of the ye
more than greece, portugal, irish and spanish debt together. how do you stop it at greece? >> last time you were on, we talked about the risk of systemic events based on whether or not greece stays in the euro and firewall greece. and at the time, you thought that the u.s. financial system could handle it and you were pretty confident that, indeed, we'd kind of moved through this. but when you look at what happened yesterday, after that reuters story about the central banks and the...
98
98
Jun 19, 2012
06/12
by
KRCB
tv
eye 98
favorite 0
quote 0
the main items on the agenda, greece and spain. european commission president baroso and the european council president pledged to recover confidence in the credit of euro zone countries. a political party in favor of austerity policies won the election in greece on sunday. he said its leaders need to form a new government as soon as possible then implement austerity measures. >> we stand ready to continue to support greece in its endeavor. >> the eu leaders stressed athat they will address mid to long-term ish us thesues including the banks. they said that will help stop a negative spiral. european banks have been left holding bad debt when government bonds have been groundowngraded. >> people who trade stocks are looking for more. a a ai is here with us now. what kind of week are investors having. >> with the g-20 and the greek elections that took on sunday we saw a nice rally in asia yesterday. u.s. and european markets ended mixed in overnight trades with the dow jones ending down a fifth of a percent lower at 12 now, ,741. it
the main items on the agenda, greece and spain. european commission president baroso and the european council president pledged to recover confidence in the credit of euro zone countries. a political party in favor of austerity policies won the election in greece on sunday. he said its leaders need to form a new government as soon as possible then implement austerity measures. >> we stand ready to continue to support greece in its endeavor. >> the eu leaders stressed athat they will...
109
109
Jun 6, 2012
06/12
by
CSPAN3
tv
eye 109
favorite 0
quote 0
skype with the managing editor of the leading english language daily in greece. the athens news. are you there? can you come in, please? >> yes, i can hear you. >> excellent. you've been listening in live watching the global web stream. what have you heard tonight that you fundamentally disagree with in what they've presented. >> i live in a country that might soon find itself outside of the eurozone. and i suppose it's more of a comment and question. i'd like to know that given that there are -- what is it -- ten eu members that are not in the eurozone, but parts of the eu, what life there would be for the european union without the euro or at least with more countries than just the 10 or 11 that will end up being outside the euro given that it's built on fund ment fundamentals of freedom and trade and the environment that, again, affect all of us. >> coming to us directly from athens, greece. peter, i think that's a question that's up your alley as the former commission per. >> i don't understand the question. >> what he's saying is if we have these core eurozo
skype with the managing editor of the leading english language daily in greece. the athens news. are you there? can you come in, please? >> yes, i can hear you. >> excellent. you've been listening in live watching the global web stream. what have you heard tonight that you fundamentally disagree with in what they've presented. >> i live in a country that might soon find itself outside of the eurozone. and i suppose it's more of a comment and question. i'd like to know that...
230
230
Jun 18, 2012
06/12
by
WMPT
tv
eye 230
favorite 0
quote 0
an election win for greece's pro-bailout party leads to new hopes for the eurozone. president obama attends the g-20 summit in mexico, where the focus is europe's debt crisis. and with a key federal reserve meeting coming up tomorrow, we kick off a week long look at the fed and whether it's done too much or too little to boost the u.s. recovery. that and more tonight on "n.b.r." president obama welcomed today the greek election results, saying it's a positive step in stabilizing the world financial system. he's in los cabos, mexico where he is meeting with leaders of from the world's top 20 nations for a two day summit. a big topic at the summit will be greece's sunday elections, where the centrist new democracy party won the most votes and was asked to try to form a coalition government. president obama called on world leaders to work together to boost the global economy. >> we are going to be working under your leadership with our european partners and with all countries to make sure that we're contributing so that the economy grows, the situation stabilizes confid
an election win for greece's pro-bailout party leads to new hopes for the eurozone. president obama attends the g-20 summit in mexico, where the focus is europe's debt crisis. and with a key federal reserve meeting coming up tomorrow, we kick off a week long look at the fed and whether it's done too much or too little to boost the u.s. recovery. that and more tonight on "n.b.r." president obama welcomed today the greek election results, saying it's a positive step in stabilizing the...
25
25
tv
eye 25
favorite 0
quote 0
greece could go on. into a long term depression unemployment could grow to astronomical heights it's already very high but it could it could certainly get higher. the. things are by no means currently as bad as they as they could get where do you think greece will be in one year's time from now this is a question which we don't know the answer to because it it depends so much. on politics i think at this point given what has happened it's more likely than not that greece will leave the you know that i don't i can't say that with enormous confidence but. the signs seem to be pointing in that direction right my skin thank you very much for this interview my pleasure. loverly. bludgers. least. it's a place. to . play up beyond. pvp. if you fifi. to. see. such. syria's president did cries the who led massacre and blasts the perpetrators as monsters attempts to blame his regime being labeled as part of a plan to engineer foreign military intervention. in syria center stage two at the russia east summit with e
greece could go on. into a long term depression unemployment could grow to astronomical heights it's already very high but it could it could certainly get higher. the. things are by no means currently as bad as they as they could get where do you think greece will be in one year's time from now this is a question which we don't know the answer to because it it depends so much. on politics i think at this point given what has happened it's more likely than not that greece will leave the you know...
152
152
Jun 18, 2012
06/12
by
WBAL
tv
eye 152
favorite 0
quote 0
they love greece. many holiday makers love greece. >> reporter: but victory for the 17 nations that share the euro is short lived. to avoid default greece will likely need another big loan in a matter of weeks. from the g20 summit in mexico, german chancellor angela merkel warned greece there would be no easing of the bailout demands including labor reforms and budget cuts. and fears of contagion are growing. spain, increasingly, needs to borrow money from global markets to stay afloat. today it watched those costs reach a record high. >> their banks made a lot of loans into a real estate bubble that went bust and now nobody knows how big the financial hole is for the banks. >> reporter: uncertainty and fear are dangerous enemies for any economy. just ask greece. for greece and the other troubled economies to recover they need growth. without it the eurozone is in trouble and that could lead to trouble for the already shaky recovery in the u.s. it's no wonder, brian, the world's media descended upon th
they love greece. many holiday makers love greece. >> reporter: but victory for the 17 nations that share the euro is short lived. to avoid default greece will likely need another big loan in a matter of weeks. from the g20 summit in mexico, german chancellor angela merkel warned greece there would be no easing of the bailout demands including labor reforms and budget cuts. and fears of contagion are growing. spain, increasingly, needs to borrow money from global markets to stay afloat....
19
19
tv
eye 19
favorite 0
quote 0
bangs going belly up having solved in various skin the faltering as already happening in greece and unfortunately when you have to watch private in public that it takes a long time up to a decade to do the leveraging means. to save more to reduce that over time and that implies that more we can all the good old high unemployment rate and some degree of social and political instability and happiness so we are able to i would say. you know these slow economic growth difficult outcry that a session in the eurozone that is called the fall by governments is going to stay with us for a number of years if you gave a percentage of a chance of greece exiting the euro zone how much would that be and would it be good for greece to come out of the euro zone i would say that you know by next theater i would say that is at least a probably the greece exit the eurozone thing about and surely even if they like not in june a new government there's another tried to go to for a comic solutions are coming so sustainable that they will lags it and i would say that it could be good good for them as long as they exit t
bangs going belly up having solved in various skin the faltering as already happening in greece and unfortunately when you have to watch private in public that it takes a long time up to a decade to do the leveraging means. to save more to reduce that over time and that implies that more we can all the good old high unemployment rate and some degree of social and political instability and happiness so we are able to i would say. you know these slow economic growth difficult outcry that a...