to manufacture gains and to manufacture a bit of cushion on this way down to oblivion but even the swiss national bank remember they were geniuses last year because they were buying stocks they now are down hugely billions and billions of dollars because they live by the sword they die by the sword they have totally lost track of their role as a backstop to the banking system to become this enormous hedge fund and now they're going the way of most hedge funds into irrelevancy and under-performance while the other way you might look at it as well is that for the past ten years markets have continued to go up and up thanks to the fed and the bank of japan and the swiss national bank and others buying up you know basically making sure that these guys never have any losses so the financial markets are as just as gerrymandered as the political markets so ninety seven percent of incumbents win in the politics because it's so gerrymandered to be that way the same with markets is the j.p. morgan chase this is the wall they expect to win all the time because the markets the algorithms are gerryma

past ten years markets have continued to go up and up thanks to the fed and the bank of japan and the swiss national bank and others buying up you know basically making sure that these guys never have any losses so the financial markets are as just as gerrymandered as the political markets so ninety seven percent of incumbents win in the politics because it's so gerrymandered to be that way the same with markets is the j.p. morgan chase this is the wall they expect to win all the time because the markets the algorithms are gerrymandered to make them win all the time during the crash of the one nine hundred twenty nine period you had what were called the flyers these are bankers who were jumping out the window and what happened was that suddenly they looked at their balance sheet and they saw that no matter how much of the propaganda that they spewed and believed their net worth were still zero and the same thing i think will happen here markets crash and these people still be saying it can't possibly be true word of god we print money we buy. your own shares the world is not right do you kn

the serious fraud office got to the brink of uncovering the secret swiss bank accounts by which be was from owning money to the saudi royal family the swiss said we're going to notify the bank account holders randolph flew to london swung into action. he ordered the serious fraud office to close down their investigation. prince bandar said if the investigation continued they would withdraw national security cooperation which would lead in the words of prince bandar to blood on the streets of london. the story we've been banging away out for more than five years something every worked up to it because everybody could see was a huge cover ups the spectacle of a british prime minister closing bell of a criminal investigation for reasons were you aware that your government was approving pavements to a friend of president bush's as part of british aerospace is kickback system is that why you suspended a fraud inquiry. because when tony blair started talking about national security interests that supposed to be a card that trumps all of those i don't believe the investigation is that it woul

the swiss city of geneva a meeting hosted by the un special syria envoy stuff de mistura top diplomats from russia iran and turkey are attempting to put together a committee responsible for drafting a new constitution essentially paving the way for elections in the war torn country our senior correspondent murat goes d of is in geneva for us. the talks negotiations on this new constitutional reform have been very difficult because the different sides have such. views nevertheless the main sticking point is about the makeup of this constitutional new constitutional committee because it may have to either rewrite the syrian constitution entirely all amend certain parts of the to provide for an all inclusive pan syrian election going into the future there are of course other things that they're going to be discussing but that is the main topic nevertheless these three countries russia iran and turkey they've been working together over recent years and their cooperation partnership has yielded concrete results we've seen demilitarized zone stablished in syria we've seen deescalation and ce

the fate of syria will be thrashed out in the swiss city of geneva later today at a meeting hosted by the un's special syria and boy staff and it to mr top diplomats from russia iran and turkey will put their weight behind political efforts to eighty's years of turmoil in the region correspondent ised gassy of his in geneva for us covering the events and writes good to see you well can we expect from today's gathering. when it's still up in the air as. official called it today's either a breakthrough or a breakdown in negotiations and the topic is huge they've been added for a while trying to form a constitutional committee for syria to either amend syria's current constitution or a new foundation legal foundation in order to ensure national all inclusive elections which is needed. for a peaceful resolution to the syrian civil war unfortunately one of the caveats one of the things that. one of the things that seem to be blocking this solution is that everybody striving to stuff the constitutional committee with their own people be it the syrian side the side the rebels that they're ba

the fate of syria is being thrashed out in the swiss city of geneva a meeting hosted by the u.n. special syria envoy stuff on de mistura top diplomats from russian iran turkey are putting their weight behind political efforts to ease years of turmoil in the region our senior correspondent is in geneva for us joins us live on the program route as far as i'm aware the meeting is in progress on the stage do we know what's come out of it. well nothing yet it's been quiet but the foreign ministers of iran russia and turkey huddled together behind closed doors we expect a statement in a press conference later to see what indeed if anything they've agreed to just just to get this out the way the talks negotiations on this new constitutional reform have been very difficult because the different sides have such deferring views nevertheless the main sticking point is about the makeup of this constitutional new constitutional committee because it may have to either rewrite the syrian constitution entirely or amend certain parts of the to provide for an all inclusive and syrian election goin

the fate of syria will be thrashed out in the swiss city of geneva later today at a meeting hosted by the un's special syria and voice steffan de mistura top diplomats from russia iran and turkey will put their weight behind political efforts to ease years of turmoil in the region our senior correspondent more advanced is in geneva for us. the day is either a day for a breakthrough or a breakdown in negotiations russia iran and turkey the three principal actors behind these this peace initiative along with the united nations have been trying to form a constitutional committee to either write a new constitution for syria or amend the current constitution in order to allow for national elections all the syrian elections in order to you know stablish a peaceful solution to this civil war which is raged for so many years now unfortunately the main sticking point is who gets the stuff this constitutional committee because. the russians the and the rain ians all have different views the syrian government obviously wants to get as many of its people in there the rebels these limits want to g

the faces syria will be thrashed out in the swiss city of tin evo later today at a meeting hosted by the un special syria and boy stephan demister top diplomats from russia iran and turkey will put their weight behind political efforts to ease years of turmoil in the region our senior correspondent mike galatea is in geneva for us and i get to see you the meeting is now in progress can you bring it up to speed on the latest place. well it's just about to begin as i understand sergey lavrov the russian foreign minister walked in through the door behind me just a few minutes ago but there's there's a lot that's going to be discussed this a number of issues dealing with a peaceful resolution to the conflict in syria but the main thing that they're going to be talking about today is the formation of a constitutional committee to write either a new constitution for syria to guarantee free all inclusive elections in syria or to amend the existing constitution obviously this is been problematic to say the least the main sticking point has ever been that. resized the opposition the syrian go

not only that but those beautiful swiss meadows will make for much happier cows about as well. that's all for this edition of focus on europe i'm brian thomas for the entire team thanks so much for being with us and if you'd like to see any of our reports again just go to our home page god com or visit our facebook page storks so long for now. the back. of. the books . and. the. fury of the stores the closing performances feasts straightforward internet. feuds. pens music going to bed. sco is once again touring jamming the scene of the event that was not made during the conference mr. earth. home to moods of species. a home worth saving. given those are big changes and most start with small steps global ideas tell stories of creative people and innovative projects around the world. but is the toilets boost drainage solutions and therefore station. interactive content to choose the next generation above environmental protection. using all channels available to people to take action and where to turn it into doing something here for the next generation the idea is for the environ

putting it together, we have the ecb coming up in a couple hours time we had a dovish swiss national bank we had speak to julianna about that we also had a dovish norges bank norges bank is the only european bank hiking. >> the result of the ballot held this evening is that the parliamentary party does have confidenc confidence >> well, theresa may has managed to fend off a conservative party leadership challenge surviving a vote of confidence by 200 votes to 117 sterling had been trading higher ahead of the ballot but later retreated as the number of tory mps voting against the british prime minister showed the daunting task of getting brexit through parliament. >> i'm pleased to have received the backing of my colleagues in tonight's ballot while i'm grateful for that support, a significant number of colleagues did cast a vote against me, and i've listened to what they said following this ballot we now need to get on with the job of delivering brexit for the british people and building a better future for this country >> a draft eu text seen by reuters warns european leaders will t

are restructuring unit was bigger than i swiss bank. -- a a swiss bank. they wanted to see it effectively prevented. we definitely underperformed. plan toa very ambitious grow, to cut costs at the same time. that was very ambitious. you get the europe factor. european.ing as we have to keep explaining switzerland is not in the eurozone. it is not affected by what is going on in europe. all that plays a factor. inwe deliver and 2019 -- 2019, potential to lead to a higher -- >> i have to cut you off because there has been a vote of no-confidence against theresa may. does that change her plans? >> -- your plans? only sensible thing to do. we are well versed in that respect. to spread our activity. frankfurt, paris, london, dublin. that is the sensible thing to do. a couple more questions on market volatility. now that you have done restructuring, how do you expect to grow the bank? asset sales? acquisitions? >> in 2015, we said global wealth will continue to grow. we have grown our revenue in line with that. that is going to continue. global markets would de

. >> but it was in this remote corner of italy not far from the swiss border our story talks its most intriguing turn. two years after mark slipped off that yacht in the greek islands, a mysterious american rolled into an alpine village, making a lasting impression with his money. >> courmayer is in the shadow of europe's highest peak on italy's side of the border with switzerland, it's quaint and remote. wealthy tourists are drawn for mountain climbing in warmer months. all of it providing the perfect cover for anyone who wants to live well without standing out. call it st. maritz without the glitz? >> do you forget how spectacular this is when you live here? >> you can't because it's very spectacular. this colonel heads the italian state police. >> you know everyone? >> no. everyone knows me. >> according to the colonel, it was in 2006 beginning of another ski season a certain high rolling stranger arrived. >> he arrived how? >> in a large limousine with a driver, we were told. >> first class? >> very first class. >> local people said the stranger appeared to be an american. he kept

swiss, norway, turkey. the ukraine is there as well. we also have the philippines. i was hearing in the break about that one. hike in first rate 2020. just a few weeks ago we were looking at it being in september. no interest rate moves are expected today. in the ukraine, 18% interest rates. in turkey, 24% at the moment. that is 2:00 p.m. ankara time, 11:00 a.m. u.k. this is the ecb market volatility. david: this shows you the number of months from the current time when the market is expecting the first rate hike. three months back, it was september of next year. right now that is well into the first quarter of next year. certainly german bonds of 27 basis points tell you that is not going to happen anytime soon. special coverage of the central bank policy decisions later today. that is the policy decision, 8:45 hong kong time. more importantly, it is when this man faces the media about an hour before markets open in the u.s.. rishaad: will he say, that is it, we are done with you we -- with qe? the current deposit rate is -.45%. the swiss national bank as well with

the dude who could be carter or to dinner sometimes i could use a swiss on this subject don't include the absolute perfect the minute you go to miter and see like democracy it would set up a financial support him and no one knows i'm on but the knowledge will not suddenly produce be colored boozer. comedy block long and pretty exact monem shoes put it to . a sudden increase in the price of oil weighed heavily on the world economy. it put the brakes on growth. production costs went up prices went up. inflation is skyrocketing. high inflation has a major drawback it impoverishes savers and investors since their money depreciates . for government inflation became a new enemy to be defeated at all cost. after removal going on would have wrestled a brief federal sat at all those are the federal reserve there is to slow yeah follow easy late class will this no see you for valley going to me community really classy going to the andris around you cause i said i used to our classic good stock of israel if i was eagleman and gone by gar on credit during the debate you feel silly it put you to s

have you with us now if there was one topic dominating the economy in twenty eighteen it was trade swiss u.s. president donald trump attacking partners in the e.u. as well as canada mexico with whom he signed an updated version of nafta called u s m c a and then of course it was china trump went after the country for its trade imbalance with the u.s. and started a trade spat that ended in tariffs on cost electronics agricultural products and other goods worth billions of dollars over the weekend trump said on twitter the. he has been talking to china's paying about a comprehensive trade deal that progress is being made and on the last trading day of the year chinese stocks ended the session in positive territory for more let's cross over to andrea hang in singapore andrea how much of those gains are actually down to those trade talks between the u.s. and china a lot of it has to do with the chinese china us to. provide a very big boost to the market sentiment over the last few days now is also a rare glimpse of hope in what seems like a very tumultuous year for in twenty eighteen and acc

as andy swiss reports. after three defeats in the four matches, the furtive brownell said it all. he knew his manchester city side could hardly afford another slip—up, not that one seemed likely when debit silver probably put them away ahead. recently, their lead proved precarious, a spot of defensive dallying, and southhampton will level. pierre with a stunner, was another shocking store. southhampton thought so, he felt he should of had a penalty, but this is not to be

the vision is a network of marked paths stretching from the swiss border to the belgian coast, tracing the trench lines of the western front. that's over 630 miles. that means negotiating with dozens of landowners and local councils but so far, reaction has been encouraging. translation: from the first moment i heard about the path, i immediately saw how it could work. i think we must widen the ways that we remember the past because if we don't do that, people will lose interest. this monument was sculpted by... high on vimy ridge stands this memorial to canadian troops who fought on the western front. here too gillespie's vision has received an enthusiastic welcome. i think it's a great opportunity. we have so many visitors who come on pilgrimage to visit and follow the path of their ancestors and this gives them an alternate route than taking highways and going around about, they can actually walk the western front, as their ancestors did. tom heap believes projects like this provide new ways of connecting with a conflict that is moving further and further into our distant history. t

look too bothered by their first loss of the season but suddenly the title race is back on and the swiss can have no time for sentiment against his former side to glove box. yeah. it is a bit special i suppose nothing more than that. i left glove about three years ago i am a dortmund man now but sure it is a bit strange at us on there having a very good season. and there are very dangerous. one three nil and byron munich that says everything that's my dallas. dortmund without three injured defenders against the side who have the second best goals tally behind the hosts five zero once his players fully concentrated on glovebox threat rather than the festive season all the mnemonics break before their next game. are very well organized they're very compact sometimes they are defending and suddenly the ball goes forward very very very quickly for the club buck meanwhile can move just three points behind dortmund with a victory but they also have injury concerns. because we will go there with eighteen guys but we are maybe without seven players god but it doesn't matter who starts dortmund o

full-year net loss of 925 million swiss francs. they are scrapping the dividend. , theis about rallying board decided to cut the size of the management or from nine to seven. they will be a full-year loss. whohas lost both their ceo will step down, being replaced by the interim ceo. this all goes back to one lines manager, tim hayward. looking at performance of the stock, down over 60% in terms of foul you. 32%rought it back down to over the month. that you're breaking news. juliette saly is in singapore. the second session of gains here in asia. yesterday we had that buoyancy coming through after the huawei ceo was granted bail. in canada it's about soy gain -- soybeans. up to 2mmitting to buy million tons of soybeans. hoping there can be a reprieve in the traits that. the nikkei higher by 1%, yen weakness pushing that index higher. the hang seng and csi 300 leading gains in the region. the csi 300 and china jumping the most in about a month. we've seen pretty good positivity coming through on number of emerging-market currencies

our sports correspondent andy swiss has this report on where things went wrong. the

to put it to come get it out that swiss it out on its. when a loved one is murder it's natural to seek the death penalty for the murder i would prefer and it means to win the death penalty just because i think that's the fair thing the right thing research shows that for every nine executions one convict is found innocent the idea that we were executing innocent people is terrifying the is just no way to present and that we're even many victims' families want the death penalty to be abolished the reason we have to keep the death penalty here is because that's what murder victims' families what that's going to give them peace that's going to give them justice and we come in and say. not quite enough we've been through this this isn't the way. so we've got to do is identify the threats that we have it's crazy confrontation let it be an arms race is all off and spearing dramatic development only personally i'm going to resist i don't see how that strategy will be successful very critical thought i am time to sit down and talk. what politicia

to you that is to come here for that swiss in allentown this is being out there. yes. when a loved one is murder it's natural to seek the death penalty for the murderer i would prefer it be to win the death penalty just because i think that's a fair thing the right thing research shows that for every nine executions one convict is found innocent the idea that we were executing innocent people was terrifying news just no room to present and that we were even many of the times families want the death penalty to be abolished the reason we have to keep the death penalty here is because that's what murder victims' families what that's going to give them peace that's going to give them justice and we come in saying. not quite enough we've been through this this isn't the way. to. class kind of financial survival john that it was all about money laundering first to posit this cash in the three different. oh good that's a good start well we have our three banks all set up here maybe something in your something in america something overseas or the cayman islands or do we do all

to the come get it down for that swiss it out on it's it's you know. it's. you know world of big partisan movies a lot and conspiracy it's time to wake up to dig deeper to hit the stories that midstream media refuses to tell more than ever we need to be smarter we need to stop slamming the door. and shouting past each other it's time for critical thinking it's time to fight for the middle for the truth the time is now for watching closely watching the hawks. when a loved one is murdered it's natural to seek the death penalty for the murder i would prefer it be known in the death penalty just because i think that's the fair thing the right thing research shows that for every nine executions one convict is found innocent the idea that we were executing innocent people is terrifying is just no really hasn't been that we hear even many of the dems families want the death penalty to be abolished the reason we have to keep the death penalty here is because that's what murder victims' families want to that's going to give them peace that's going to give them justic

andy swiss reports. he is one of english football's leading stars, but as raheem sterling went to retrieve the ball last night, this is what happened — verbal abuse, and from one spectator allegedly racist abuse. with chelsea and the police already investigating, today sterling has had his say. in a message on instagram, he said, "as you can see by my reaction, ijust had to laugh, because i don't expect no better," before claiming that some newspaper articles about players helped fuel racism and aggressive behaviour. he referred to a headline about his manchester city team—mate tosin adarabioyo buying a house, which he said painted the player in a bad light, while he said a similar story about a white team—mate, phil foden, was worded more positively. the daily mail group, who published the articles, are yet to respond to our request for comment. well, here at manchester city, raheem sterling has become a rare talent for both club and country, but he himself is no stranger to headlines criticising

police in morocco say they've arrested a swiss national — arrested a swiss national in connection with the murder of two scandinavian tourists earlier this month. the two young women — from denmark and norway — were found dead at an isolated hiking spot in the mountains south of marrakesh. the arrested man is also suspected of recruiting moroccans to carry out terrorist attacks. a british couple whose son was murdered by his chinese wife have won custody of one of their grandchildren after a long legal battle. ian and linda simpson are due to return to the uk later this week after reaching a deal during a court hearing over christmas in china. but they've been forced to leave their other grandchild behind. laura westbrook reports. eight—year—old jack and six—year—old alice have been at the centre of a long international custody battle. their british father, michael, seen here with them, was stabbed to death in his apartment in shanghai by his estranged chinese wife last year. weiwei fu is now serving a life sentence for murder. since their dad's death, jack and alice have b

that while we're on the subject let's bring in our financial correspondent from frankfurt only knows swiss bank credit suisse is also advising clients to get out of britain that's hardly a vote of confidence as it. that's true and it is really making waves here credit suisse is not commenting on this report that's to be seen in the f.t. and it's spread around through all sorts of other media but apparently after the parliamentary vote in london and westminster on the back so it was postponed because the prime minister didn't want to have it voted on the customers started coming to credit suisse in droves asking that their money be in some way made safe and that apparently prompted credit suisse to advise its super rich customers its prime customers to move assets to move money out of the country so that if there is a no deal practice certain things go down the tube in some way the money is still there are not locked up in prison but definitely not only the super rich clients of credit suisse worried that as we've heard the report that german business sentiment is also have been affected by

you picked up new kraft expertly paired cheddar and swiss for eggs. beat that! kraft. family greatly. because nothing's organized. i sent you into a chaos zone. -zoe: yeah. lemonis: and what happened was, there's no system and no process. you have to figure out how to delegate properly. what do you want everybody to do? i know this is a lot. like, i know it's like drinking out of a fire hose, i do. pantelis, you are responsible for the organization of this entire facility. -pantelis: okay. lemonis: and nobody can help you because i want you to take ownership of one thing and have nobody mess with you. okay, guys, thank you. zoe: okay. thanks. lemonis: while pantelis works on organizing the whole shipping area, i want to get started on renovating the retail space. i want to figure out a way to eliminate that wall and open up this whole space. we're moving all the shipping to the back, and we're gonna take the old retail space and combine it with the old shipping space with a giant window, so we can see what's happening in the kitchen. a floor that's industrial, but it l

andy swiss reports. he is one of english football's leading stars, but as raheem sterling went to retrieve the ball last night, this is what happened — verbal abuse, and from one spectator, allegedly racist abuse. with chelsea and the police already investigating, today, sterling has had his say. in a post on instagram, he said, "as you can see by my reaction, ijust had to laugh, because i don't expect no better," before claiming that some newspaper articles about players helped fuel racism and aggressive behaviour. he referred to a headline about his manchester city team—mate tosin adarabioyo buying a house, which he said painted the player in a bad light, while he said a similar story about a white team—mate, phil foden, was worded more positively. the daily mail group, who published the articles, are yet to respond to our request for comment. and now, sterling's treatment and comments have only intensified the focus. raheem sterling is no stranger to headlines criticising his lifestyle rather th

to you and a stick it out for that swiss you know alan i don't know what it is now it. needs. help your ism is so joe boyd spread political allegation that it's lost almost all meaning if any politician regardless of their beliefs can be labeled a populist isn't all politics populism of some sort or another. when a loved one is murder it's natural to seek the death penalty for the murder i would prefer it be newlin the death penalty just because i think that's the fair thing the right thing research shows that for every nine executions one convict is found innocent the idea that we were executing innocent people is terrifying and those just new leaders hasn't been that we're even many of the times families want the death penalty to be abolished the reason we have to get pell here is because that's what murder victims' families what that's going to give them peace it's going to give them justice and we come in and say. not quite enough we've been through this this isn't the way. the. fish. were in a written form. because of the teeth of the law. a. full three kind of mass rotti

virgin islands offshore company called red diamond from red diamond the money went into this guy's swiss bank account and he then used it to distribute to the local politicians taking a big check for himself of course you know i can assure you we don't we and i believe most companies all to the business of late payments as you suggest a lot of sums up what they do employees of government it is just all the way business is done. we were actually able to publish what was the most dangerous story that prince bandar had been given not just the plane but over the years a total of one billion pounds we did not invent. corruption i mean i doubt many would have been and they had hanky panky and they had to go down to edit so i mean this is this is what made sure i salute the prince of state run and a friend. how do you agree. of course none of us are greedy it's only the other fellow's greed. this world runs on individuals pursuing their self-interest. all those people who believe that greed violence etc these primal so-called primal instincts other religions things and everything else is a soci

all that money by the way is being held in the swiss bank right now. the swiss bank has said yes we have that money and were not going to do it until the supreme court does. gillian: the families murdered u.s. marines versus the government of iran as i said one of the more surreal stories that's going on right now. >> i couldn't believe it when i heard it. a lot of due diligence, the assistant back as strange as it may seem, the supreme court of the united states. gillian: general, when i was working for the national security council, one of the things you like to impress upon everybody was just how involved the government of iran was in sort of supplying, supporting terrorist proxy organizations around the world. do you think that this is still going on today? is the situation as bad now as it was eight years ago when you were in office? >> it might be a little bit worse. in addition to tehran, damascus in yemen and certainly influences iraq. so it got multiple controls over those four countries are those four cities. they are the principal backer of

book business this move comes as swiss re-eyes a possible ipo of the closed book business. >>> moving on to societe generale it will improve the rh owe by 8 basis points the transaction will have a negative impact of 108 million euros on fourth quarter earnings saudi finance minister says he is comfortable about the impact of lower prices on the country's spending plan for next year. in an interview with reuters, al jajon says the government hopes to change the budget deficit by 2023 but added the target is not set in stone earlier this week, that includes that 7% jump let's have a quick check with oil brent is trading down over 3%, giving back all of the gains we saw yesterday. and this is on the back of a combination of heightened oversupply concerns, paired with global growth concerns on the back of yesterday's fed meeting that sent a ripple across markets on the negative side now falling oil and jet fuel prices may have been a tail wind for the aerospace industry it's been a turbulent year for the sector cobalt and and premera were two that were a bust that's according to aviation

our sports correspondent andy swiss has more. it girls

iconic swiss chocolate becomes hard to conform with islamic you. everyone who claims to be a pullman's to this limousine you must refuse to buy. time to say goodbye to. people remain trapped in a mine in central russia after a fire broke out on saturday morning at a depth of three hundred forty meters eight people did manage to escape the mine located in the. area of the region a rescue operation and so far failed to reach the trapped miners they've had five attempts now due to the immense heat and thick smoke they've been prevented from reaching those miners a representative for the mining companies admitted that the chances of getting the workers out alive is extremely low and initial reports suggested that a methane explosion caused the fire but that's been rolled out russia's investigative committee is looking into whether any safety regulations have been violated. new this hour the u.s. envoy to the anti eisel coalition has reportedly resigned over donald trump's decision to withdraw u.s. troops from syria brett mcgurk resignation if it's conf

iconic swiss chocolate becomes to conform with islamic purity law. everyone who claims to be a pullman's to the viewer must refuse to buy. time to say good boy. is the next move. hopes are fading for nine people who were trapped in a mine in central russia after a fire broke out on saturday morning at a depth of three hundred forty meters eight people did manage to escape the mine located near the city of select skin the region a representative for the mining companies admitted the chances of getting the remaining workers out alive is extremely low a six rescue operation is now underway off the previous attempts failed because of the immense heat and thick smoke initial reports suggested a methane explosion caused the fire but that's since been ruled out here says investigative committees looking into whether safety regulations have been violated . a group of indigenous people from argentina is part of goni a region assuming some of the world's biggest oil and gas companies for environmental damage the tribes say the contamination from fracking sites

but also you know in europe the swiss central bank is one of the biggest equity owners in the whole world and so it goes on so what's been happening well. there's been a bit of a misunderstanding concerning the monetary policy proposal i made a long time ago called quantitative easing i proposed there's a ninety ninety five as a post banking crisis measure to stop the crisis in the banking system and get the economy going again and it consists of the central bank purchasing the non-performing assets of the banks so you don't need to use taxpayers' money you don't need to get into debt you don't need austerity. and then you help the banks and encourage the banks to increase lending which can be done through various ways but including the government stopping issuing bonds and borrowing directly from the domestic banking system these options that have been open to the spanish portuguese greek irish japanese and many other central banks and governments in those countries where there's been massive recessions last year unemployment vast youth unemployment and the need to boost domestic demand

especially in the retail world and especially with our swiss colony brand. it's a very, very busy time of year and fortunately things are going well and we're excited. neil: we're showing some of the products here and i notice my crew kept this a few feet from me. what is your biggest seller here? >> okay, this particular selection here, you've got the petite four's and these are sure fire winners in terms of gifts and probably our hottest telling gift, our 27 favorites. it's a lot of little selections of cheese and nuts, and pastries, people love it, it's just a wonderful little asortment that you can share at either while you're entertaining or perhaps if you want to give someone a gift where you know it will be appreciated. neil: yeah, i see a lot of your kiosks in mall and online and a good chunk is happening during this time of year. >> yes, especially in the food gift business, november and december your big months. and december better pay off because if you don't do well in december, it's going to be a very, very long january through august. neil: yea

turkey and roast beef with swiss and lettuce on whole wheat. it's the right ingredients, but in the wrong order. in a proper sandwich, the cheese is adjacent to the bread to create a moisture barrier against the lettuce. they might as well have dragged this thing through a car wash. i don't believe it. i know. it's basic culinary science. some guy is auctioning off a miniature time machine prop from the original film, and no one is bidding on it. a time machine from the movie the time machine? no. a time machine from sophie's choice. boy, sophie could have used a time machine in that movie. did you see it? it's rough. wolowitz: oh, that's cool. uh-huh. it's only $800? yeah. and that's my bid. you bid $800? it was a spur-of-the-moment thing. i figured it would go for thousands, and i just wanted to be a part of it. there's only 30 seconds left in the auction. do you have $800? not to blow on a miniature time machine. well, don't worry. the way these things work is people wait until the last second to bid, and then they swoop in and get it. it's

american police have arrested a swiss spanish national in connection with the murder of two scandinavian women eisel terrorists in morocco more than a dozen suspects have been arrested since the bodies were discovered earlier this month and a broadcaster in sweden has also come in for criticism over its coverage of the killings if you would say the channel has downplayed the horrific incident one norwegian and one danish ones were killed while hiking in the atlas mountains a video of their murder was posted online and it's reporting as a bt failed to mention that one of the girls was beheaded or that islamic state was involved in the broadcast. did though warn people against sharing the video for legal reasons. have now seen this very strange report and you lower the has been created to protect the rape victims from having video of the crime spread is now being applied to the beheading of the denish and the region girls in morocco i myself would never watch such a video let alone share it now we're more upset about the proliferation of crime instead of beheadings to sum up s. vitis cover