call me at 800-743-cnbc. if china and europe took us down, then why can't they take us right back up? why does this continue to elude people? why do the talking heads focus on fed tapering or even syria when what matters is the recovery in the two regions of the world that used to produce terrific earnings for so many american companies and that's why the market rallied today. sure, it helped that maybe there will be no war with syria, but wait a second. this was about international. the dow gaining 141 points including many of the international companies in the dow. the nasdaq vaulting 1.2%. nasdaq 100, highest level since november of 2000. ♪ hallelujah let's acknowledge that china and europe are returning, please. why is that so hard? we've had so much fabulous news out of china, excellent stories about target and infrastructure spending. 128 last time and that was like a 10% move. now on top of all of this, a fantastic chinese export number, 7.2% growth versus the 6% people were expecting. just when so many people had given up on china reaccelerating, and so many others started

economic situation in europe as well as views about the international community's response toward syria. this is 50 minutes. >> good morning. the session is resumed. first on our agenda is a debate on the state of the union. i would like to welcome the foreign defense minister. me toa great leisure for open this debate and to welcome you to this session. very important moment in the life of the european union. a summit has taken place here in strasburg. come together to have this kind of discussion. together year we come to have this kind of discussion. we talk in a transparent fashion. the public domain as opposed to be other entity that goes to brussels for it summit meeting. sometimes they state they are the european executive, and often they meet behind closed doors, whereas we meet in public. i think it's a good thing to have our doors wide open, to all a transparent debate citizens can listen to and observe. people want to know who is taking part in these discussions. think there is one premise we must remember, and it is a question of confidence. .eople have lost confidence that

which represents the interest of all 28 nations that make up the european union. europe is beginning to emerge from the grip of a death crises that's plagued the crises since 2010. the central european bank contributed largely borrowing costs for the most indebted nations with ease but remain. the victory in the general election opened the doors to the renewed debate over the size and scope of protective measures to safeguard your economy. i am pleased to have jose manuel barroso at this table. well come. >> thank you. >> rose: you've been planning to do this and we finally got to do it. >> it's a pleasure to be here with you. >> rose: tell me, when you talk to other nations, you're asian, latin america. what is your message to them about the european commission? >> just now i was in the -- in russia, and it was the first time from several years where i did not receive lectures how and should i run the european union because in fact today there's much more confidence in europe. and in fact we received praise in the duration for the efforts to come out of this crises. i thin

been one of the big nations in europe in terms of basketball. they never claimed the title avenue any kind. they were -- played their first game in 1935. they were silver medalists in the the when you and 2011 and in 2000 but never actually winning anything. the first metal was a bronze and they have had two silvers and five bronzes. they beat spain and france two years ago. after that when, a very tight game. they believed it was there to be one. no one wanted to be complacent but when it came they were superb. 80-66 but it was more comfortable then that score makes it sound. it was a fantastic victory, one that has been a long time coming. tony parker was the mbp in that tournament and was instrumental in bringing this team up to the level it is at right now. he was speaking after the victory and is one he waged for a long time. >> this title am a the journey was unbelievable. i would change nothing going through pain, growing pains, up and downs, bronze medal, silver medal and finally getting the gold is just unbelievable. i feel like i am very lucky. i have an unbelievable coa

tend to focus in europe during the first you know show of my life there were only sixty walkers is in europe the rest of europe sort of the fascist nazi will come out to use dictatorship so even in europe the. future of democracy is not to give been the crisis us toward the church that we called to move forward on the show though whatever we do the mock grocery is going to be shipped through the snow caves and the bunks the financial markets on the economic authorities in every country curry an enormous democratic responsibility and the fish to acknowledge them is something new because forward thirty years the prevailing theory was the markets the companies the bugs don't carry any democratic responsibility absolutely and i think many of your counterparts in continental europe would argue that democracy has now taken over europe but if you look at just this recent history iceland was one of the very few if not the only country to actually consult its people on whether to bail out the banks and i think the treatment that your country was subjected to for just asking its people who a

annenberg media ♪ narrator: europe is perhaps the region most associated with supranationalism-- the voluntary association of three or more countries. one example of supranationalism is the european union-- an economic alliance designed to improve european competitiveness in the world economy. but this alliance is more than just economic. it is also europe's attempt to forge a community with common values, even as individual state identity is maintained. strasbourg is located on the border of france and germany and has endured centuries of conflict between those two nations. today, it is one seat of the european union-- a symbol of modern unity. as political boundaries become more permeable, perceptions of place change as well as deeper, more personal meanings of national identity. when state boundaries become porous, what does it mean to be french or german or european? strasbourg serves as one of three centers for the european union. this medium-sized city of 250,000 is not a major player in europe's financial or industrial arenas. so why is it playing such an important role

chaos of the country's civil war and are now flocking to europe many refugees have entered the e.u. illegally after being formally allowed to resettle by the un and their host countries however many others are just trying to find a safe haven from the intense fighting in any way they can or tease peter oliver is in germany and he reports on the mixed feelings that are greeting of the new arrivals. here in europe we may be far away from the fighting in syria however the effects of violence are being seen in the form of tens of thousands of refugees flocking here to seek asylum just this last week the first of five thousand refugees arrived here in germany as part of a new resettlement program however there are those within europe that say that the e.u. governments must bear some responsibility for these people having to flee the problem is the e.u. governments continue to support the rebels including the german intelligence and covertly and other ways i think it's completely cynical of germany to pretend to be this humanitarian receptor of five thousand refugees at the same time the

airstrikes for syrians to flee in their thousands europe's learned that firsthand in the last twenty four hours alone several boats carrying more than eight hundred refugees were saved from sinking in the mediterranean and brought to shore peter all of us in germany reports on the mixed feelings at the new arrivals . here in europe we may be far away from the fighting in syria however the effects of violence are being seen in the form of tens of thousands of refugees flocking here to seek asylum just this last week the first of five thousand refugees arrived here in germany as part of a new resettlement program however there are those within europe that say that the e.u. governments must bear some responsibility for these people having to flee the problem is the e.u. governments continue to support the rebels including the german intelligence and covertly and other ways i think it's completely cynical of germany to pretend to be this humanitarian receptor of five thousand refugees at the same time they're poor in aid let's stop the the reason that people are leaving their homes they don't

europe. >>> indian rupee is up. hope for now a trade deficit lends strength. >>> and president obama is pushed to take military action against syria, the u.s. senate delaying a vote to move to a resolution and polls show public support is fading. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >> all right. warm welcome to you. this is "worldwide exchange" on tuesday. you can see we're firmly weighted to the up side. global equities 9 to nil -- really, 9 to a half. the stoxx 600 up near session highs, it follows the best day in eight weeks, triple digit gains for the first time since august the 1st. the ftse right now down 16 points yesterday. up .75%. the cac 40 up about 1.1%. ftse mib up, as well. shares in oil, soaring at the open. 14.2% after the neste oil came up with better numbers. peugeot citron opening strongly. the company confirmed its outlook for 2013. on the bond market, take a look at yields. treasury yields going back to that 3% level. 2.9455% is where we stand at the moment, clearly, elevated, as well. gilt yield 3

the exodus of refugees from syria europe's find itself split and there are those who say the european union must help us sign them seekers especially considering you aid rebels is a major drive all the conflict others think different question why e.u. taxpayers must bear the burden of another hour of conflict the way and are wary of the jihad its battle hundred in syria bring tara back to europe all of our reports . here in europe we may be far away from the fighting in syria however the effects of violence are being seen in the form of tens of thousands of refugees flocking here to seek asylum just this last week the first of five thousand refugees arrived here in germany as part of a settlement program however there are those within europe that say that the governments must pay some responsibility for these people having to flee the problem is the e.u. governments continue to support the rebels including the german intelligence and covertly and other ways i think it's completely cynical of germany to pretend to be this humanitarian receptor of five thousand refugees at the same time

new arrivals. >> here in europe, we may be far away from the fighting in syria, but the effects of the fighting are being seen in the form of tens of thousands of refugees flocking, seeking asylum. thousands have arrived in germany as part of a new resettlement program. there are those in europe who say the eu government must bear responsibility for these people having to flee. >> the problem is the eu governments continue to support the rebels, or including the german government covertly. i think it is completely cynical of germany to pretend to be this humanitarian recep tour of 5000 refugees, at the same time they are pouring aid. let's stop the reason that people are leaving their homes. they are not leaving willingly. >> syria's neighbors are overwhelmed by the day louche of people -- the day louche of people fleeing for their lives. that means they have to look for safe harbor in countries in the balkans who can ill afford to have thousands of refugees showing up. according to politicians here, nor can germany. >> we have 5000, then 15,000, more and more. our cities cannot fi

. although the roman empire was conquered by the barbarians and the lands of western europe were overrun by pagan tribes in the dark ages, roman civilization, and above all roman christianity, triumphed in the long run. converted to the new faith, the former barbarians became the heirs of rome and the founders of modern europe. in the 11th and 12th centuries, the period we call romanesque, there was a remarkable revival of art and especially architecture. in the words of a contemporary, "it was as if the whole earth had cast off her old age "and was clothing herself everywhere in a white garment of churches." two of the most powerful forces molding the development of romanesque art and architecture were pilgrimage and the monastic movement. the romanesque church here at vezelay in france embodies both-- benedictine monastery and starting point on the pilgrimage route to santiago in spain. the story of vezelay echoes the story of europe during the crucial years of transition between the 9th and 12th centuries. it was founded in the 860s in the great cultural and artistic revival of the fr

volition they have, energy prices, and reforming europe. we will be also asking our panel how i got to be the unveiling of a videogame to works the release of any tv show. how grand theft auto in its likes stole the show of the world entertainment industry. we'll also be checking with james creedon in his media watch segment. but start with the newsroom and say hello to karen. >> damascus has handed over details of its chemical weapons to the hague-based chemicals regulator. the president of america and iran may meet next week for the first time. this as a rain is on course to develop a nuclear bomb. and tropical storm and well and hurricane -- and tropical storm manuel and hurricane ingrid continued to plague mexico. hello, live from paris, i am karen roberts. a short while ago, damascus handed over the chemical weapons details to the hague-based chemical weapons regulator. syria is believed to have 100 metric tons of the chemical toxins and has agreed to destroy them. the organization of prohibition of chemical weapons expects more information in the coming days. al qaeda-linked figh

do a taper lite. and europe, there's gradual improvement there, a lot of interest there and the german elections. finally, i want to note, those economically sensitive stocks all doing really well, including airlines. back to you. >> all right, bob. thank you so much. joining me now to break down the day, mike santoli, adam th thorogood. double digit gains two days in a row, six-day winning streak for the s&p. would you buy into it here? >> the s&p certainly has had a great run. with a multple of 16 times earnings, it's not terribly overvalued. what i think is interesting is what's going on in the rest of the world. diversified investors have not had the best of years because things like bonds, emerging markets and precious metals have been crushed. i think when there are return divergences like we've seen so far this year, a lot of investors start to question the long-term benefits of diverse fiction. that's dangerous. i think we have to take a step back and realize that a diversified portfolio will always have winners and losers. if it doesn't, it's not diversified. the single

. people in europe want to know who is taking decisions, where, how, and what are the arguments advised in this debate. as far as our debate today debate today is concerned, i think there is one premise that we must remember here. it is a question of confidence. people have lost confidence in the eu institution, massively so, that is why we have to talk about transparency, and i very much hope that this debate will be transparent and will serve as a basis for trust and a way in which the whole body of european democracy operatives just in our work. ladies and gentlemen, colleagues, commission and parliament. we do have one common principle that we all follow with a very broad majority here in the parliament. in the commission as well, unanimously so. we talk about the way in which the eu should work and we work with a community of method and that is how we try to resolve this, through dialogue and consensus. instead of having the strongest ones win, we opt for solidarity, solidarity between small and large states, and as a committee effort, and the committee effort means that everyone w

some of the federal banks in europe, he wanted to try harder. he wanted to make sure the unemployment rate was really coming down before the eased off on all the special support. i think it was in the right direction, but far too slowly. >> will they like this around the world? >> i think there will be some relief in global markets and we will see that in the next few days. i would not over exaggerate that. the overall timetable for winding down this program is still on track here they are not fundamentally rethinking this big announcement -- on track. they are not fundamentally rethinking those big announcement that they made a couple months ago. atthe tap will be turned off some point. thanks so much for coming in. thousands of foreign tourists in mexico have been airlifted to safety after deadly flooding caused by tropical storm manuel. at least 57 people have died and tens of thousands are screened it -- are stranded. .t was followed by a hurricane the double hit made it a particularly dangerous system. difficultbeen another 24 hours for beleaguered mexicans and tourists trapped b

for right wing political groups across europe. good morning to you on a monday live from moscow with me rory sushi welcome to the week's opening program . the israeli prime minister is on a mission to thwart iran's recent efforts to unfreeze its relations with the west. who claims that iran's sweet talk is just a trick in order to try and buy the country's nuclear program more time he's also vowing to prove it in the white house and at the u.n. general assembly middle east correspondent she takes a look at what to expect from the israeli leader counter offensive. the israeli prime minister benjamin netanyahu is in the united states where he will be meeting with the american president barack obama and also addressing the united nations general assembly the focus of that address and his meetings will be on iran and here the israeli prime minister's message is quite simple don't trust the rain ians netanyahu has ordered his government members not to give comments regarding the recent phone call between the radian and american presidents in fact he's ordered them not to talk at all regar

forward to th interviews. >>> the stoxx europe 600 is pulling back a little bit ahead of the all important nonfarm payroll reports. many say this could be the most important jobs report that we have seen so far this year, of course, because it may decide that tapering is set to start in september. the stoxx europe 600 is off by .2%, after we hit 2 1/2 week highs in yesterday's trading session. caution is what we're seeing in the markets this morning in the ftse 100, off marginally. the xetra dax losing a third of 1% and similar percentage losses for the cac 40 and the italian markets as well. italian markets interestingly enough are not reflecting fears about a collapse of the coalition government just yet. also, this is reflected and pretty steady yields for the ten-year italian yield. in the bond markets, wow, so much activity, so much excitement because many of the key levels have been taken out in terms of the yields. the ten-year bund yield is above the 2% level for the first time in two years. the ten-year gilt yield did bridge the 3% level in yesterday's trading session. t