mainly on portugal. the cac down 1.9%. weaker pmi out of china as well. bigger focus on portugal. we had economics minister resign, who originally designed the program to deliver austerity and bailout. the foreign minister threatened to resign. two more talking about it as well. it appears portugal down 5.3%. ten-year government bond yields 7%. back over that key 7% level. they have come back from earlier elevations. banks also down hard espirito santo and commercial portuguese down 10%. while that's all going on, here is the thoughts some of the governme guests already today on cnbc. >> if i look at how portugal prices up on, for example, our internal alpha model, it looks to be quite cheap. a lot of bad news priced in and any instability should be met by outperformance. >> portugal never really had a real estate bubble like spain or ireland and didn't have that stress on its banking system. other countries have had. so, yes, we have a political -- i would call it a political hiccup. my central case would be the government holds and that the program is on track. >> not out of saf

in terms of portugal, 7.42%. it is interesting, isn't it, we were right up at 8.2% yesterday at the worst of it. we came right back to a little bit above 7% first up this morning. just creeping a little higher on this yield, getting closer to the 7.5% mark. so there is some stability coming into this play, but you can see there is still elevated fears across in the backdrop as well. one player was saying to us, this is just the volatility playing out in the market, because it is very thin trading on the portuguese debt market. let's look across on forex. eurodollar tracking below 130. dollar/yen rates across the 100 mark, peeling back a little bit, 99.66. the australian thar finely show something green. at a three-year trough, so 90 on the chart this week. we're at 91.3 almost. and sterling dollar say little softer also. what is carney going to say? just tracking a little weaker ahead of the first comments from mark carney. >>> one leader is pushed out, another is sworn in. we look at the future for egypt and its

>> well, i think there's two things with portugal. first, all main political parties have signed up for the austerity program. that's very important. you haven't had that anywhere else. however, the road is still a long way to go. next year, 8% of gdp expires. that's a very big number. so the refinancing they're going to face next year is tough. you've got to put the building blocks in place now. and as far as i can work out, maybe it's not available to them. they did issue a ten-year bond earlier this year, but the omt is only available if you've accessed every part of the bond market. now, maybe those rules can be changed, but it would be nice to know they had that backstop in place. >> do you think that portugal's worries remain in place for the next several months? can it actually derail the rally we've seen on the european markets? >> well, we've seen many, many times over the last three years that europe can always derail if it so chooses. i do think portugal is doing the right thing. they've taken a lot of pain. and importantly

investors struggle in portugal. economic growth could come in lower than forecasted at 7% this year. and invensys shares move higher after a takeover proposal from schneider electric. the countdown to u.s. bank earnings is on with jpmorgan set to give the first glimpse at second quarter performance and we'll preview those results. "worldwide exchange" continues in a few moments. ♪ [ agent smith ] i've found software that intrigues me. it appears it's an agent of good. ♪ [ agent smith ] ge software connects patients to nurses to the right machines while dramatically reducing waiting time. [ telephone ringing ] now a waiting room is just a room. [ static warbles ] >>> lrall right. record closes yesterday, and now pretty flat for the open right now. s&p is down just under a point. the dow down 3 points. the nasdaq is caught up just under a point. no real indication at the moment. european equities are firmer today. not by much. ftse 100 up by a third of a percent. xetra dax up three-quarters. as far as bond markets

portugal is always in the spotlight. the concerns, the registration -- resignation of to the government ministers. the yield on the nation's benchmark ten year bonds soared on the news, well over a percent. liz: apple has hired former ceo of a french fashion house to work on special projects. there is no word from apple on exactly what the special projects are, but he has been there before. david: and pepsi is facing criticism for still using a coloring that contains a chemical linked to cancer in rodents. the report comes more than a year after the beverage giant plans to have promised to phase out the coloring. it says it will complete the phase out by february of next year. "after the bell" starts right now. ♪ let's get right to today's action. it's amazing that the market is doing so well considering some much bad news across the globe. we have radiant investment senior portfolio manager. he will tell us why he does not see any tapering in the fed's bond buying program this year. and telling as capital partners, fo

and portugal offers incentives. book area has been -- bulgaria has been a member of the eu for five years, but it is still the poorest country in the bloc. the political class is mired in criminal activities that are so blatant that a few days ago, the ambassadors of germany and france wrote an open letter, calling on politicians to distance themselves from corrupt oligarchs. people in bulgaria are also angry at the government and the high cost of living. >> it has become an early morning ritual. for weeks now, she has been making noise on the way to work. while bulgaria's parliament is in session, outside, the crowd's anger is growing. >> it is unbelievable. a bunch of people who cannot understand anything, cannot do anything, and do not want to do anything. >> these are the bunch of people -- the new prime minister, a socialist governing with the aid of right wing extremists. the demonstrators outside say the politicians are only in it for themselves. bulgaria is one of the most corrupt countries in the european u

portugal's government in crisis. we'll hear from pensioners who say the politicians are gambling with their future. and lady liberty is back in business. new york's most famous monument reopens to the public. >> egypt's new president is in office but is he in power? it was the military that brought -- morsi.very d we have been looking at reaction rom cairo. >> in the cradle of the revolution festivities continue. the square crowds believe the overthrow ofer gym's first ever democratically elected president has put the revolution back on track. >> when the muslim brotherhood came to power a year ago, they divided us. even in the same home, they divided us. >> we feel that egypt has come back to us now. >> they insist the military stepped into avert disaster defering to the will of the people rather than enabe ling it. >> it was an authoritarian relationship to a free country. building a democracy is -- at best. and there will be ups and downs and we will stumble and get up again and correct. we're going through that p

but there is plenty of that in portugal right now. and so the stock market has fallen and the country's borrowing costs are up. >> this is the worst case for investors. not knowing what is going to happen. >> the politicians spend the day in meetings. someone to hold the from the coalition together. others think it is time for new elections. this newspaper editor told me that the cost of political instability may force portugal to go back to european governments to ask for more emergency assistance. these crisis,of we may have to negotiate a second bailout. that will mean that we almost overthrew -- overthrow what we accomplished so far in the two years of austerity. >> portugal's politicians are discovering that it is almost impossible to force through a harsh austerity program and yet keep enough popular support to stay in power. leaders in several other european countries face exactly the same guy lemma. and that is what gives or jiggles crisis a relevant way beyond its borders. whatever the outcome of this political crisis, a youn

latina, protestan porque no dejaron aterrizar el aviÓn del presidente evo morales y en francia y en portugal por la sospecha de que que llevaba escondido a edward snowden y comenta el incidente mientras que parÍs y lisboa se defiendo en. >>> hace un aÑo eran jÓvenes indocumentados y hoy tres dreamdores trabajan en la alcaldÍa de los los Ángeles. >>> en perÚ destruyen una pirÁmide de 5000 aÑos y las autoridades culpan a traficantes de terrenos. >>> asÍ comenzamos. >>> (♪). este es, su noticiero univisiÓn, con jorge ramos y marÍa elena salinas. >>> muy buenas noches comenzamos el noticiero con el golpe milito nar egipto el ejÉrcito destuyoÓ al presidente en turno y desigÓo a un de lee pero gobernar, y egipto como ven estÁ dividido y se los mostramos a la derecha imÁgenes de miles de personas que se congregaron en la plaza para celebrar la caÍda de mohammed mursi el primer presidente elegido democrÁticomente y aquÍ a mi izquierda las imÁgenes de miles que se mantienen fieles a mursi y rechazan un gobierno militar es decir si estas partes se juntan, podrÍa haber un verdade

and we have not been helped by portugal. we'll get to portugal with the european bosses. ftse 100 down, 1.6%. what's been going on in portugal, economics minister who originally designed and was trying to implement the austerity program necessary for their bailout program they're in supposed to come out of it in 2014 resigned. the foreign minister then also said i'm going to resign as well. the prime minister said you can't do that. right now the portuguese government is struggling to hold together. a meeting today and there is talk going on that the entire portion of that coalition government will resign there. if that happens there are two options facing the president. c he could possibly ask to do an italian version, trying to cobble together government without elections, but so far he's pretty much taken a fairly strict interpretation of the constitution, a view coming out of portugal. we may well be in a situation where we may be facing fresh elections. local elections go on in september f that was going to happen it would, of course, be at that point that maybe you

but the news from portugal had a very disturbing effect. not only on portuguese government bonds were rising. also, spain, italy, and greece have to offer higher returns if they want to get investor confidence and money. in frankfurt, stocks were mostly going lower. economic data from china also playing a role here. the services sector in china is not growing so strongly anymore. last but not least, the real estate firm called off their ipo . no wonder that traders in frankfurt were not in a very good mood this wednesday. click says we just heard there from conrad, european market slumping today. the dax ended 1.03% lower and the euro stoxx 50 down 1.25%. the dow is currently trading 0.38% of. >> we have a sports item for you in order sports -- motorsports. they have decided not to boycott the german grand prix. there was -- they are satisfied to parolees response over the new tires. >> they will provide new tires after six blowouts are in the british grad prix last weekend. lewis hamilton was among the drivers affected. the tire failure sp

. >> i sent my last request to portugal. they said i had to be in the country already before i could submit a request for asylum, but france will not let me leave. it's a catch-22. who knows for how long? >> another islamist sentenced to house arrest recently fled the country, and when the camera is turned off, he admits to us he has toyed with the idea of doing the same. >> it is the typical urban person posturing -- leave everything behind and open a beach bar somewhere. sounds good in theory, but would you really want to live where other people go on holiday? tourist do bring money and jobs, but in some cases, the situation can get out of hand, and locals do not feel at home anymore. the people who live in venice in italy are only too familiar with that problem. the town, with its picturesque historic center and canals is by far one of the most popular tourist destinations worldwide. in the eyes of phoenicians, it has become far too popular. >> it has been closed by the police because of her testers. it is a game of cat a

. >> i sent my last request to portugal. they said i had to be in the country already before i could submit a request for asylum, but france will not let me leave. it's a catch-22. who knows for how long? >> another islamist sentenced to house arrest recently fled the country, and when the camera is turned off, he admits to us he has toyed with the idea of doing the same. >> it is the typical urban person posturing -- leave everything behind and open a beach bar somewhere. sounds good in theory, but would you really want to live where other people go on holiday? tourist do bring money and jobs, but in some cases, the situation can get out of hand, and locals do not feel at home anymore. the people who live in venice in italy are only too familiar with that problem. the town, with its picturesque historic center and canals is by far one of the most popular tourist destinations worldwide. in the eyes of phoenicians, it has become far too popular. >> it has been closed by the police because of her testers. it is a game of cat a

obviously portugal is a very tiny country. it needs, i would say, $5 billion to $10 billion of additional aid to help us economy. whenever things like that happen, whenever the yield on a 10-year jumped like that, there is definitely nervousness in the the spillover effect is there. >> i spoke to a gentleman in the last hour in lisbon who said, i would like to get an answer on how you grow an economy and make things better when people are out on the reeds and do not have jobs, do not have food. there is a level of anger there that is help will -- palpable. he does have a point, doesn't he? >> he does. similar to the united dates, unfortunately politicians and even private sector is relying on a few people in the central bank to determine the fate of the economies. so obviously, the free money is not going to go forever. everybody is worried. the precious time has been lost for many countries. they should have done much more on the structural reforms to boost employment. it is really very sad when 50% of youth in a country like

but the news from portugal had a very disturbing effect. not only on portuguese government bonds were rising. also, spain, italy, and greece have to offer higher returns if they want to get investor confidence and money. in frankfurt, stocks were mostly going lower. economic data from china also playing a role here. t owing so sgly e. firm called off their ipo . no wonder that traders in frankfurt were not in a very good mood this wednesday. click says we just heard there from conrad, european market umping today. the dax ended 1.03% lower and the euro stoxx 50 down 1.25%. the dow is currently trading 0.38% of. >> we have a sports item for you in order sports -- motorsports. they have decided not to boycott rman gnd prix. there was -- they are satisfied to parolees response over the new tires. >> they willrovide new tires after six blowouts are in the british grad prix last weekend. lewis hamilton was among the drivers affected. the tire failure sparking concerns about the safety of drivers, stewards, and spectators. >> we're going to a sho

portugal leading the rally. one hour to trade. greek awaits the decision on whether european finance ministers will sign off on the next aid. >>> lloyds shares are up. new details shift the focus from mechanical to pilot error in the crash of the south korean jetliner this weekend in san francisco. shares of arii asiana airlines >>> a skrugtruggle between the muslim brotherhood and the army intensifies. >>> all right. welcome to you. start of a new trading week here on "worldwide exchange." just over an hour into the trading day, we're certainly waited to the upside of nearly or more than 9-1 advancers out pacing decliners now. gains toward the end of last week. the ftse last week up 2.5%. best week since january. right now up with the best levels of the morning so far as well. ftse up another 1% today helped no doubt by andy murray's historic win at wimbledon. first time in 77 years british male champ at wimbledon. portugal, up nearly 2% as well on the bond markets. still looking at the fallout, of course, from last week's jobs r

and now it is primarily portugal. you will see the euro moving around yesterday. they followed the dollar index, the dxy and the stock market followed them around like pavlov's dog, and this morning, we did the same thing. the dollar was firmer, and futures were lower. and now it has flattened out and maybe in fact down a tick or two, and we have come back. i'm concerned about egypt in the sense that it may spill off into the suez. that is why you are seeing the oil moving higher, and the concern is that if the canal gets blocked or disrupted, shipments may get cutback and that means something to the oil area. >> still, it is surprising, and perhaps more to the point that both the dollar is up this morning and oil prices are rallying, and it is not just brent, but wti and a lot of people are going to get sticker shock at the gas pump. >> well, i don't know fit will move that fast, but we say it goes up like a rocket and comes down like a feather. i think that you run some real risk here. and it is going to depend on s

blazing heat hit portugal on the weekend. saturday was the hottest day on the year so far with a high of 42 degrees celsius. people flocked to the beaches and pools to escape the heat. heat warnings remain in effect. so some people are likely to enjoy the beach again into the midweek. take a look at this. 37 degrees on tuesday. that's ten degrees above your average. madrid will be saying with the same digits all the way into wednesday. even bordeaux in france is in the 30s. reduce your outdoor activities and stay out of the sun. in the scandinavian peninsula we have a front line bringing wet and gusty conditions especially into norway but that is moving away. as it does so another system moves in with similar areas with gusty conditions in the midweek. we have unstable conditions to a couple of troughs as well as after the daytime heating. sudden bursts of showers are likely to remain across the area. rome at 29 degrees. and even in london, 26 degrees with plenty of sunshine there. lisbon looking at 36. but moscow, kiev on th

portugal. i mean jesus really? >> portugal wouldn't tell the president of bolivia that they couldn't fly over their space just because. >> bill: what do they care about who's on the plane? i mean, come on. wendy is down in parkland, florida. what's going on? >> caller: beautiful day down here in florida. >> bill: good for you. >> caller: i'm usually on board with you with everything, bill but this time i have to disagree with you. >> bill: okay. that's all right once in awhile. >> caller: once in awhile. i think that these are our allies who are sending a message to the world that, you know, if you are going to give this man asylum, we are not on board with this. and i think that they had every right and i think that whether or not the president instigated this or not i think it was the right thing to do. >> bill: wendy, he was not on the plane. >> caller: but they didn't know that. >> bill: they just -- so just on a rumor they don't let the president of another country fly over their airspace? >> he was detained f

france, italy and portugal canceled air permits for his flight. the plane had to make an emergency landing in vienna, austria, delaying the president for more than 14 hours. snowden was not on board. >> translator: i couldn't accept it. first of all, i'm not a criminal. and besides, you all know international rules say a president's right to go anywhere in the world is inviolable. >> he was delayed for 14 hours. u.s. authorities asked countries to deny snowden the right of entry or transit. they've revoked his passport and charged him with espionage for revealing secret programs. >>> people in japan will be hearing a lot about their politicians in the coming days on the street, on tv and online. the official campaign begins thursday. prime minister shinzo abe's trying to break a political deadlock in the diet by wresting control of the chamber away from the opposition. 121 of the 242 seats in the upper house will be at stake in the vote. 73 seats are allocated to constituencies nationwide. and 48 are assigned to a proportional representation syste

i mean, portugal has agriculture, tourism, vacation homes. its manufacturing is obsolete because of china, and that's pretty much it. there's a pile of debt. >> you reported on this and monica and charles mentioned this, when you see the bond yield spying higher happen 10%, the bonds are out, going after port goal, is there a spillover effect in other markets? i'm not talking the club med markets or southern europe. any other region in europe, what do you think? >> yes, they're going to be a spillover, but the question is how do they exit? do they exit entirely and formally from the eurozone and expect they will be consequences or do a cypress-type exit existing with some capital control and they will not trade as hard, but pretend they are still in the euro? i mean, it's very hard to predict, but one of the things that's sure is that it's not going to end well for portugal. it's not going to. they have no way to repay the debts. the other thing you have to think about is they won't be getting any help from the european dip mats. >> even the

missing 2007, vacationing with family in portugal, never knew what happened. now the case alive again. 38 persons of interest say british authorities, what new evidence they have, we'll take you through it. >>> remember that terrifying video from toledo, a woman trapped inside her car after a sinkhole opens up in the

answers.have >> do you think about leaving portugal and going somewhere else? >> right now, no. i have to the children. they are very small to go out with my wife and kids is difficult. it is impossible. >> some people are going. this is the line for visas outside the mozambique in the sea. the portuguese are now looking for work in their former colony. in a nearby park, old men while away the day. many say their children do not have enough money to help them. this crisis hits all generations. healthhe world organization says it will hold an emergency meeting of experts next week to prepare for a possible pandemic of the middle east coronavirus. the virus has killed at least 40 since late last year. the world health organization says there is no pandemic at present, but the experts will discuss how to tackle the disease if the number grows. beenhinese yellow sea has choked by the largest ever growth of algae. it has blanketed tens of thousands of square kilometers along china's east coast. it is not toxic to humans, but scientists are worried the real casualties could be the mar

recepción masiva en bolivia para el presidente evo morales, cuando se le negó aterrizar en francia y portugal por sospechar que se encontraba en compañía de edward snowden, sospechas que fueron confirmadas ser falsas. >> el presidente de egipto lanzó un mensaje por twitter avisando del golpe de estado, se anunció la disolución del parlamento, los manifestantes celebran la expulsión de los hermamnos del poder. >> la gasolina podrñia subir luego que el petróleo subiera a 102 dolares por barril y se podría deber a la inestabilidad en egipto que aunque no es un gran productor, sí podría verse envuelto en problemas de transporte de los barriles a travñes del canal de suez. >> a la vuelta vemos cómo se podr'ñian ver afectados los 'jóvenes por demencia informática. >> un estudio en korea del sur encontró un aumento en traumas neurológicos y correlacionadas con el uso desmedikdo de tv y videojuegos y es que cerca de más del 25 por ciento de la poblac. >> población surcoreana pasa más de 8 horas al d'ñia usando sus teléfonos de manera intensa. >> vamos con el pronóstico del tie

that raises concerns for countries such as portugal and ireland, who are raising their way out of the bailout syndrome. if greece falls back, that could spell trouble ahead. >> staying with economic news and german exports fell unexpectedly in may. suffering the steepest incline in three and a half years -- in 3 1/2 years.

and perhaps the paramount example of success in this regard is portugal. portugal 11 years ago decriminalized the possession of all drugs in personal use amounts. drug selling is illegal and you can still be arrested for that. they began doing evaluations a few years ago. you do not go to jail for possession of any drug in a small amount. and you are not drug tested. nobody gets thrown back in for dirty urines and all this sort of stuff. it's now been in place for 11 years. the research on that, and i recommend the piece in the british journal of crin knowledge and kid send it to -- cridge -- criminolgy. cases of h.i.v. and hepc and crime went down and people continued to seek treatment, that the rates of drug use in portugal did not go up at the same rates as comparable countries in europe. that suggests powerful evidence that you cannot just turn smling from a felony to a misdemeanor but eliminate the criminalization of drug possession, small amounts, without suffering negative consequences in terms of public health or public safety. now, when marty said

portugal may be facing a snap election. the political parties are meeting to decide on holding a polls. portugal was thrown into disarray after the resignation of two key ministers. grace's creditors have agreed to release $8.70 billion of funding to keep the country afloat. civil servants are prostate -- protesting outside the ministry. has saidika-- the a look remains uncertain. pope francis offered prayers. from there barnaby philips has the report. under a blue sky on a calm sea, the pope prayed for the thousands coming the africans who drowned in the waters of the mediterranean trying to reach your. -- europe. on sure he met some of the migrants. only the latest in a sad flow of humanity that keeps coming from poor and troubled lands to the south. it seems the whole island came to hear the pope. call the building that makes this insensitive to the cries of others, that makes this live-in so bubbles that are buttiful but nothing illusions. it brings the globalization of indifference. >> the pope has offered spiritual co

she was 3 years old when she disappeared from a resort in portugal six years ago. now, british police say they have new leads and are reopening the investigation, called operation grange. they want to question 38 people across europe including 12 british nationals who they believe were in portugal at the time. madeleine's parents have campaigned tirelessly to keep her in the public's memory. while still raising two other children. >> i don't want them to go through that emotion and i don't really want them to have the burden of this, of having to keep looking and looking and looking and not being able to stop. so we need to find her now. >> british police say their help from private investigators has made a difference and after 16 visits to portugal and reviewing more than 30,000 document, police are hopeful. >> there is no clear definitive proof that madeleine mccann is dead, so on that basis, i still genuinely believe there is the possibility that she is alive. >> police are released this photo of what she may look like at 9 years of age. she has now turned 10. n

france and portugal refused access to their airspace. bolivia's foreign minister released a statement denying snowden was onboard the president's plane. "we don't know who invented this lie. we want to denounce to the international community this injustice with the plane of president evo morales." bolivian officials are demanding answers from france and portugal as to why the president's plane was not allowed to cross into their airspace. at this point, the french prime minister's office tells nbc news they have no comment, no confirmation nor denial on the incident. joining me now on the phone from rio do janeiro, glenn greenwald, who broke the story in "the guardian." my first question, your reaction to this remarkable series of events. i've never heard of an example of a plane carrying a head of state being denied access to airspace by other countries that were not in some kind of active hostilities with that nation. >> it is extraordinary. i mean, the premise of this behavior presumably was that snowden was on that airplane because b

italy has the second-highest and portugal and ireland are not far behind. the higher the debt ratio, the harder it is for the country to borrow money. in the past when greece, portugal, and ireland have been unable to raise money on capital markets, the european central bank and the imf has stepped in to offer relief. only two countries in the eurozone has managed to reduce their debt ratio -- germany and newcomer, a stone you. -- estonia. >> nelson mandela is improving. he is still in critical condition to but you it's showing sustained progress. >> the antihero of the extraordinary outpouring of love that was displayed on his 95th birthday. -- hospitalized last month for a recurring lung infection. spanish media is reporting that barcelona will name their new coach. he replaces the man who resigned for health reasons on friday. >> reportedly there will be a three year contract. he is due to arrive in spain on wednesday. >> if you are a cycling fan, you might have been watching when he won. >> talking about written, a victory at the tour de france. >> cros

>>> el gobierno boliviano ha convocado a los embajadores de francia, italia, españa, y al cónsul de portugal, como lo habíamos anunciado para que den una explicación de lo sucedido con el avión presidencial y el propio presidente evo morales. >>> mientras tanto miles de simpatizantes del presidente de bolivia, evo morales quemaron banderas de estados unidos y países europeos en apoyo al mandatario. >>> el presidente de méxico enrique peña nieto hizo un llamado a los candidatos a aceptar los resultados de los comicios. >>> ray rodríguez con los detalles . >>> la del domingo fue una jornada sin incidentes graves, pero marcada por una baja participación ciudadana, por los estados donde se desarrollaron los comicios, el presidente de méxico enrique peña nieto pidió a los partidos a acatar los resultados electores. >>> las elecciones de ayer confirman la fortaleza y la vigencia de nuestra democracia, pero también hay espacios de oportunidad para perfeccionarla, mejorando nuestro marco normativo e institucuonal. >>> esto después que la oposición dijera que evalúa si sigue en el pact

snowden es todo un dolor de cabeza para todo el mundo y hoy el gobierno de bolivia acusÓ a francia y portugal de poner en reos go la vida del presidente del paÍs de bolivia al negar el espacio aÉreo y dicen que la informaciÓn publ comprada univisiÓn en el caso de edward snowden estaba baso tada en comunicaciones basadas a su gobierno. >>> bilma tiene mÁs. >>> y la historia del pirata cibernÉtica y ex tecnico de la cia que robÓ informacion sobre programa de espionaje de estados unidos, y la mostrÓ al mundo estÁ volcando a mas paÍses de latinoamÉrica. >>> y ecuador ha estado en la mira desde el principio, y ya que su cÓnsul en londres le dio un salvo cono dpuct que viajara a rudas, y el ministro de relacion relaciones exteriores de ecuador revelÓ hoy que encuentro ora un micrÓfono oculto en la oficina de la embajadora de ecuador en londres. >>> entonces, lamentamos decirlo, pero este es otra ratificaciÓn de esta perdida del Ética a nivel internacional en las relaciones que tenemos entre los gobiernos, y que a nuestra embajada se le pone un micrÓfono para recoger toda la informa

. >> cenk: no, no, they needed to refuel somewhere they were going to go portugal. portugal said no we understand you might have someone on the plane. we won't let you refuel. france said you can't fly over us. we understand you might have somebody on board. they're talking about snowden. what the hell is going on. now the bolivians and rest of latin america are outraged. they put the plane down in vienna, they come in and check the plane. morales' team said we didn't allow them to check the plane. austria's team said we check the plane. then the spanish ambassador of vienna came in and said i'm going to check the plane. the spanish ambassador says, friends of spain would like to know if there is someone on board. friends of spain i got news for you, that's us. the bolivian president is outraged. he said this: >> cenk: now look, guys, that seems pretty harsh and extreme but at one point the guy the pilot said i don't know what my fuel situation is. everybody says you can't pass. you can't land, you got the president of bolivia on the plane, that's pretty dicey. >> y

her five-year-old boy has cavities and that can get expensive and portugal. very expensive. >> miguel needs dental work. that'll cost about 600 euros. and because the state health insurance will not pay for it and i do not have the money, i was forced to take out a loan to pay the dentist. >> life in the portuguese town is not easy. she is unemployed. she has to count every penny. >> shopping is an adventure. i often have to catch it on my mobile to see if i have enough money. her husband is also having difficulty making ends meet. they're looking for gigs on the internet. after taxes, he only earns about 600 euros a month. >> i teach at the local conservatory. in the good times i have 20 to 30 -- a day. because of the crisis, i only have two to be oh now. >> the financial crisis has forced portugal to tighten its belt and the family has cut spending. but anna sophia says she cannot cut back anymore. they are tone because the couple cannot afford childcare. >> that is all i get. i wonder what that is supposed to cover. >> the family has moved into a smaller,

missing 2007, vacationing with family in portugal, never knew what happened. now the case alive again. 38 persons of interest say british authorities, what new evidence they have, we'll take you through it. >>> remember that terrifying video from toledo, a woman trapped inside her car after a sinkhole opens up in the earth below her. she is here live exclusively to talk to us on "new day" this morning. >> can't wait for that. can't wait to hear what she was thinking when that happened. unreal that it happened to her. >>> begin with independence day celebrations that went horribly wrong. fireworks that were supposed to shoot up into the sky shot out into the crowd instead. that wasn't the only display that ended in disaster last night. john berman capturing it all for us. some of this went horribly wrong. >> it was a dangerous night in a lot of places. we know displays can be spectacular, that's why we go to them. but you have to be so careful. 28 people were hurt when fireworks exploded in the simi valley, california, sending the crowd running in terror. also

her five-year-old boy has cavities and that can get expensive and portugal. very expensive. >> miguel needs dental work. that'll cost about 600 euros. and because the state health insurance will not pay for it and i do not have the money, i was forced to take out a loan to pay the dentist. >> life in the portuguese town is not easy. she is unemployed. she has to count every penny. >> shopping is an adventure. i often have to catch it on my mobile to see if i have enough money. her husband is also having difficulty making ends meet. they're looking for gigs on the internet. after taxes, he only earns about 600 euros a month. >> i teach at the local conservatory. in the good times i have 20 to 30 -- a day. because of the crisis, i only have two to be oh now. >> the financial crisis has forced portugal to tighten its belt and the family has cut spending. but anna sophia says she cannot cut back anymore. they are tone because the couple cannot afford childcare. >> that is all i get. i wonder what that is supposed to cover. >> the family has moved into a smaller,

that plane associated press reports indicate that the plane was rerouted to austria after france and portugal refused to let it cross into their airspace president morales wasn't russia attending an energy and gas summit he sat down for an exclusive interview with spanish earlier today where he told reporters that he would absolutely consider granting snow lou snowden asylum wiki leaks announced today that snowden has applied for asylum in no fewer than twenty. one countries including some of the very countries that his n.s.a. documents prove the u.s. was spying on including austria for the latest on edward snowden's international flight i'm joined now by political commentator sam facts sam let's start with the latest what are we getting from these revelations these these rumors this is another bizarre twist to the story but it appears that the bolivian presidential plane is grounded in austria right now and it seems like france or portugal the that denied the plane air space believes that snowden may be on on board this plane i find it. very strange that france would take such a stand denyin

so clearly people worried about what has been going on in portugal as the bond yield stays around the elevated 7% mark. we're fairly flat. the ibex is a little weaker. generally caution ahead of the employment report. u.s. futures, a little catch-up, indicated pretty good at the start. much more depend on the june jobs report. the dow at the moment is over 140 points above fair value. nasdaq, 40 points. 30 points for the s&p 500. as i say that jobs report is the focus out at 8:30 eastern. economists expect another month of moderate growth. dow jones calling for forecast for an increase of 160,000 in nonfarm payrolls. 175,000 in may. there is a chance the numbers could be better. we have fairly good adp and ism reports on wednesday which showed hiring picking up. unemployment is forecasted to tick down to 7.5%. joining us with his views, from the cme, todd horvitz of averagejoeoptions.com. hope you had a good day yesterday. you feeling good about today? >> good morning, ross. you know, i think the numbers, they're pricing in certainly a beat. it is a sad day when we have to hope the wo

new questions arise in europe and problems popping up again in portugal and yes, greece. with all those factors out of america's control, how fast, how far can our economy grow? it's all ahead this hour of "power." first though to sue at the new york stock exchange. >> the markets off the best levels of the day. we have seema mody over at the nasdaq and josh lipton will join me in a second, but we want to focus on the ten-year note yield at 2.71%. that is a dramatic move in yields, and that's really bench kind of spooking the stock market off and on about this trading day. right now we're off about 90 points. josh lipton, basically stocks turning lower after a very strong opening, and then basically trying to claw their way back. it's not a bad report. >> keeping us busy today. let's quickly go through some of the leaders and laggards. hpg, axp, some of the banks, jpm back and utx, look at benchmark winners, the regional banks in the green and what's not working, miners and builders. lennar, dhi. sue, back to you. >> seema, how does it look from your vantage point? >> sig

deficit in portugal has been trying to rebuild its economy with tax increases and reduction of public servants. the nation has been receiving loans totaling $78 billion euros from the eu and other organizations. >>> on monday, finance minister gaspar stepped down, saying had he drawn public criticism. he has been a major driving force behind the government's austerity measures. on the following day, foreign minister apollo portus resigned. there was a new finance minister to continue the austerity measures. the opposition camp is calling for dissolving parliament and holding a general election. >>> prime minister cuello stressed tuesday he had no intention to dissolve parliament. he also said he will not accept the foreign minister's resignation and will try to persuade him to stay in office. >>> more headlines for you in business next hour. here's another check on markets. >>> the man who disclosed u.s. government surveillance programs has sought asylum from 21 countries. the former national security agency contractor, edward snowden, has already withdrawn his request from one. he sa