it is made by swiss watch makers. eduard: for a small brand, we could take those kind of risks but moving i everything across the border would require a lot of explanations to our consumer base an fans of our brand who love the history and you don't want to break that. francine: when you look at the apple watch, is that a good thing or bad thing for you? is it going to be a backlash of people saying i don't want anything like thele watch or does it actually make no difference? eduard clonk: thnk it is a good thing. -- eduard: you can panic. for me what is important -- i think it is going to help a new generation of -- to grow, to get used to wearing a watch. just check the time on them. the mobile phone could have killed the watch industry. it didn't. the watch industry has grown further. i don't see it as a risk. it puts us in the situation where we need to be creative and innovative. i think the swiss watch industry has snoun the last 200 centuries we are good at that. francine: thank you so much for coming on today

it's gone from being a blip on the radar to being the third largest world market for swiss watches. >> it seems as though the communist party is not allowing their party officials to go to casinos. it's a blow for macau as well. rather than necessarily the actual demand drying it up there's a barrier put across these customers coming to these kind of events. >> even before we saw the results of the chinese government anti-graph measures we've seen a slight change in trend for demand with less con speck wous wealth. customers looking at products, not being quite so flashy or ostentatious. it's something that we've noticed over the last couple of careers. careers. >> you would imagine that the market corrupts watches or jewelry, this has been taken out, but may go beyond that. just ordinary spending. actually being hit because of these, the clampdown on corruption. >> it could well be. i mean we're seeing to the chinese consumer has learned a lot in the last ten years about how to get the best deal. fewer mainland chinese shoppers are crossing the border into hong kong, which has had a

his mother is black, his father swiss it. their marriage once illegal during apartheid. >> i don't care, i don't care! i want a white man. crazy, my mom crazy, you know, and my dad was like, you know how the swiss love chocolate, so he was... >> reporter: the racial tensions of south africa infuse him humor, so do his soweto roots where he was raised by his grandmother francis. she told us he was always getting into trouble. >> such a beautiful love and bond for each other. we just have this thing. ever since she hit me. >> all of his life. >> reporter: 13 years ago his agent says that noah walked into her office as a teenager with big dreams. >> he was full of pimples. i said, what about these pimple darling. i think probably his first comedy routine was inspired by me. >> you can call it that. >> reporter: noah'ser rev rant style of humor caught up with him after he was named the new host of "the daily show." a handful of his tweets have been criticized as anti-semitic and sexist. but he's always shown scant regard for poli

his mother a black, his father a swiss, their marriage once illegal during a partied. >> i don't care, i don't care. come tell me. i want europe white man. crazy mama crazy. my dad you know how the swiss love chocolates. >> reporter: the racial tensions of africa infused his humor. so do his roots where he was raised by his grandmother frances. she told us he was always getting into trouble. >> her and i, man, have a beautiful bond and love for each other. we have this thing ever since she hit me. >> come and full of life. come and catch me. let's play the game. and then what do you do? you must laugh really. that's trevor. >> reporter: 13 years aeld his agent said that noah walked into her office as a teenager with big dreams. >> he was full of pimples and said what to do with these pimples, doorly. i think i was his first comedy routine. >> reporter: noah's irreverent style of humor caught up with him when he was called the head of the new "daily show." a handful of tweets have been criticized as anti-semitic and sexist but he's showed scant regard for such. he once portrayed drunk

that swiss franc strength is ripping apart the swiss economy right now. for the next couple of months, things are going to get difficult for the people of switzerland. olivia: this is at a record high. we've seen economic news surprise on the upside. where are we on corporate earnings? >> a big luxury player had earnings out overnight. you translate those sales back to euros, you get a little more bank. i think that will play out over the next three months we compare that order of euro strength last year to witness this year. going forward, that's going to be the story. forget the translation. people want to see real bottom line growth want to strip out the effect of the euro and demand. how you going to get that pick up in europe? the bar is very low. the consumer in europe still looks very weak. tom: thank you so much from london. we will continue this discussion throughout the week. let's look at the effects here on oil. it's gone modest in anxious stability. attention is turning to demand dynamics. there is a deck called a speculation. the price compo

there is in the euro-swiss move. where are we in that fair value debate? without getting dragged into the nuances, talk about the differences. mr. hildebrand: it is still early to see how the economy will react. i would certainly support thomas jordan's statement when he says the swiss franc looks overvalued against the euro. what kind of damage it will do to the economy we have to see. the fact of the matter is that this was economy has proven to be more resilient for quite some time that anyone would have expected, including myself. i think there could be some hope that despite this being a big shock for certain sectors tourism and particular, on the whole this was economy should do ok. manus: back to that in a second. one thing that came to mind, post crisis, do central bankers communicate better? who is the best communicator? mr. hildebrand: they tried to do what they have always done. to convey the fact that the world is uncertain and they will react to data. unfortunately, the world has come to believe that cen

this is due to a property issue dating back to 1985 according to the swiss forecaster. >> swiss watch exports rose 1.7% in the year of 2014. it's been a challenging time for the swiss watch makers. a weak number that analysts say will likely be pressured by the likes of apple that are now entering this space. that will be the on going battle. the swiss watch makers against apple and samsung. that also has a wearable on the market. what that means for them. >> this watch under a lot of pressure. i talked to the co back in february and he said we are watching on a smart watch and then a month later they came out with it. it will never be a full smart watch. they said we're not a consumer electronics firm. we won't be producing a smart watch. is that the right strategy. could that be the kodak moment for the watch industry? >> that's a big fear for these players. but a lot of people say that's a luxury end market. they still want the gold rim and the diamond encrusted watch. we'll continue to watch this space. still to come on the show larry fink becomes the latest market heavyweight to

that's what swiss climber danielle arnold achieved and the fastest man to climb the north face of the matter horn on the batter of swiss and italian alps and reach 3400 summit of 1 hour 46 minutes and beats the previous record set in 2009 by a full ten minutes. back to you. >> a lot going. thanks so much for that. and that's about it for this particular news hour for me and the news hour team and thank you for watching and don't go too far because i'm back with more news in just a couple of minutes. see you then, good-bye. ♪ ♪ cutoff from kathmandu and we report from rural nepal where entire ail villages are in desperate need of relief. >> andrew reporting and explaining why the devastating loss and destruction here has passed unnoticed in the wake of a nepal earthquake. ♪ hello there, this is al jazeera live from london also coming up france promises harsh punishment for peace keepers found guilty of sexually abusing children in the

organic sales jump 4.4% beating forecasts but nestle still hopes to complete an 8 billion swiss frank buy back later in the year. syngenta is up 3%. they reported declining first quarter sales blaming the strong dollar and currency head winds for weaker than expected results. the group cfo expects business to recover in the second quarter. let's look at skf which makes bearings. it's down after the company forecasts flat demand for its products in the second quarter. down sharply. 6%. this comes after q-1 operating profit came in line with estimates. >> we want to show you greek bonds once again and that accelerated when we saw the yield jumping 350 basis points. that was the biggest jump since greece's debt restructuring in 2012. let's have a look at the three year yield. it's 26%. we've seen that inverted yield curve for quite a long time. the greek ten year yield at 12.067%. denying request to delay repayments for greece. it seems that neither side is budging on these talks. >> absolutely not. continues to have sufficient mixed messages and crucial meetings coming up and yesterday

germanwings airlines laid flowers at a monument dedicated to the victims of last week's plane crash in the swiss alps. >> it will take a long for us to understand how this could happen. >> reporter: the airline bosses thanked recovery teams who authorities say have now finished the grim task of collecting body parts. but the executives refuse to say what the airline knew about the mental health of co-pilot andreas lubitz. >> the 27-year-old is expected of purposely crashing a jetliner, killing himself and 149 others. investigators say lubitz had been treat ford suicidal tendencies and hid his mental health problems from his employer. lufthansa admitted it knew six years he suffered from an episode of severe depression before he finished flight training but said he passed all medical checks since then. when lubitz flew the plane into the french mountainside it smashed into thousands of pieces. investigators say it could take several more months to retrieve all the wreckage. tina crouse, cbs news. >> investigators are calling on anyone with footage of that disaster to hand it over to officials. a

tom: are they trying to be more of a swiss bank this morning? hans: they want to be swiss bank on private wealth management. they want to have a big investment bank. they want to keep some of the retail. they will trim the number of offices from 730 down to 530. they want to keep that for deposits so they can run a healthy investment bank. they will have less on commodities and fixed income and more on servicing corporate needs. they will still have an investment bank. the investment bank will look different. olivia: that is what we heard from jamie dimon. my question is about timing very why now? the investment did it well. this would have been a record. every revenue if you take out the fines? hans: i think this was eventually completed they have talked about this. they finally completed it. i think it's interesting when he said they had a healthy debate with their supervisory board. this was a real robust debate. i asked if they went with the less drastic or big approach. they are hyping off 200 billion and access -- assets. you were here whe

interests section in the swiss embassy in tehran. the swiss have been our protecting power. they have had an interest, they have been the representative american interests there. since 1980 when relations were formally broken. there are no american diplomatic personnel there. for the case of cuba, a large interest section with a large staff of american diplomatic personnel who are also under the swiss flag. with iran we are not there yet. we are getting there with cuba, it is interesting. no enmity goes on forever at sometime things change, we established relations with the soviet union less than 20 years after the bolshevik revolution. with china it took us a little longer but not much, 20-some years before next went to china. it is one of those possibilities, particularly if we, if something productive something comes out of these talks which both sides see as positive. because then they can say hey, there is something in this for us. and that can lead on. it would make one prediction. once we get to that point where we are talking seriously both sides are going to ask the

we would like to thank the swiss government for its generous support in hosting this negotiation. and on behalf of me personally and everybody, we thank all of the media around the world for having followed our work and somehow also having worked with us over this difficult, but intense and positive week. thank you. >> good evening to all of you. let me also join in thanking both the swiss government and the distinguished members of the press and media for actually trying to work with us over the last several weeks, and trying to help us in getting the world to know what was going on. as our tradition has been, i will read the same statement that m mrs.ogherini read out to you in farsi. you do not need an interpretation. it will be the same statement. [speaking farsi] [speaking farsi] [speaking farsi] cory: i'm talking to her cook at the white house. we have a response from israel already. peter: that's right, we've already heard criticism from benjamin netanyahu, and not a total surprise. he of course, has been critical of these negotiations and the emerging agreement when he cam

swiss watchmakers, not so much. swatch coinventors says apple iwatch could -- the apple watch could hurt their industry with the lower end brand hit hardest. apple may suit -- apple soon may sell as many timepieces as all of switzerland. joining me now is founder and executive editor of the luxury watch site. he has an apple watch on his wrist. right now i can touch it. what do you think about it? >> it is the first six hours of ownership and this farm work obligated but more powerful than i would have imagined. i thought it would be a peripheral for the phone. it is not as intuitive as an iphone or macbook air. you really have to go down deep into it to understand how it works pretty the -- how it works. alix: will it hurt the luxury watch market? ben: absolutely. it is wearable, stylish. i wore it to a nice restaurant in midtown manhattan. it fits the bill with a nice jacket. alix: do you think someone who buys rolex will think i will buy an apple watch instead? ben: i think everyone rolex and down will be impacte

they say they have evidence that jean-marine le pen held a swiss bank account. a satirical magazine saying jean-marie le pen is staying true to the program, exit the euro but put money in switzerland. >> great britain ahead of next week's election. flo: the divided kingdom ahead of the election may 7. the country as less and less united, according to the magazine. london is becoming a world apart, even the monarchy seems to be going through turbulence. do the english deserve to be saved? >> all right. finally, a word on the satirical magazine "charlie hebdo." flo: an interesting interview, a cultural magazine in france. this is one of the surviving cartoonists, luz. talking about light afterwards. luz was meant to be at the doome d editorial meeting on january 7 or he was saved by the fact that it was his birthday the night before so he was late. it's a touching interview he gets to the magazine. he describes the aftermath and what his life has been like since january 7. he lost his colleagues friends. his life completely changed and he became the symbol of the

swiss time midnight in corey washington, nailing down the final details according to the aids, of the research and development programme. they wanted to preserve some of that. they came to the agreement and president obama at midnight was on the phone to negotiators, midmorning, when the president met with advisors he gave the go ahead to the deal. after that you saw president obama appear in the rose garden, there's no question that the white house is trying to emphasise the fact that president obama played a hands-on role. and what you saw was president obama trying to get out ahead of the critics, and there are plenty of critics, getting ahead of the critics. docket. >> let's remember a month ago prime minister binyamin netanyahu was in washington speaking to a joint session of congress, that was already on record promising to lay more sanctions on iran in the middle of an american negotiation. does this deal, or at least the outline of a deal throw cold water on that? >> i don't think so. i think you are going to see conservatives, those with presidential aspirations jump on board

the average german consumes over 12 kilos per person per year followed closely by the swiss. in the u.k., the average is just over 8.5 kilos. in france, it is a bit under seven. poland is the least chocolate loving country in europe consuming less than three kilos per person per year. they must have other sweet treats on their minds. anchor: in paris, you cannot the state chocolate in all the stores. chocolate --kate: in france there is more chocolate eaten at christmas time. anchor: thank you. it is time for the press review. i'm joined by florence for a look at the top stories. we are going to talk about the historic agreement on a framework of switzerland concerning iran's nuclear program. first, we are going to have reaction on the terrible assault in kenya where 147 people were killed on the college campus. most of them students. florence: it is getting a lot of attention in the press in kenya. i pulled out an article on the tragic events. al-shabaab claimed responsibility for the attack. lots of papers are saying it is the worst attack on kenyan soil since the u.s. emba

craig smith thank you for coming, swiss america trading chair, good to see you. >> thank you, david. david: what the tech? nasa says we could be making new out-of-this-world friends sooner than you think. >>> the media mogul, i love that picture what many are calling a media bundle. can stuff like this help rand paul? >> before we go through a litany of things you say i've changed on why don't you ask me a question have i changed my opinion. that would be a better way to approach an interview. no, no you editorialized. good. very good. you see something moving off the shelves and your first thought is to investigate the company. you are type e*. yes, investment opportunities can be anywhere... or not. but you know the difference. e*trade's bar code scanner. shorten the distance between intuition and action. e*trade opportunity is everywhere. ónóv . >> and you once offered to drastically -- >> wait, wait before we go -- before we go there [ inaudible ] >> now you want to increase it. i wonder if you mellowed out. >> why don't you let me explain instead of talking over me okay? david

thanks in part to the extraordinary efforts of this swiss pilot. bad weather had grounded every other rescue helicopter in the area. rush was on his own, transporting victims to an aid station miles and mountains away. >> how many times did you go back and forth? >> 39, 40 times back and forth. >> he shuttled the seriously injured to safety, all 73 of them. base camp is slowly emptying out. there will be no climbing season this year. >> if the mountain doesn't want you to be here, you shouldn't be here. you have to respect it. >> reporter: most at base camp now want to walk down out of respect for the mountain and those who died here. richard engel, nbc news, everest base camp. >>> now alarming moment in the skies over dallas when pilots spotted a flying object coming way too close for comfort and realized it was a drone. all it would take was a collision with an engine or window and a drone could cause a major disaster in the air. nbc's halle jackson has this report. >> reporter: it's a dangerously close call. >> some sort of a lighted drone just

we would like to thank the swiss government for hosting these negotiations. and thank you all journalist and media from around the world for having fold our work and somehow also having worked with us over this difficult but intense and positive week. thank you. >> good evening. thanks both the swiss government and the distinguished members of the press and media for their actually trying to work with us over the last several weeks and trying to help us in getting the world to know what was going on. as our tradition has been i would read the statement statement that she just read out to you in english. it will be the same statement. you don't need interpretation. [ speaking in foreign language ] >> all right he says he's reading the exact statement that the european union high commissioner just read in english. he's reading it now. we'll have our experts make sure it's exactly the same statement. in the meantime let's bring in our chief international corporate correspondent. they were pretty specific. she announced some of the specifics probably more than a

we would like to thank the swiss government for its generous support in hosting this negotiation. and let me personally and put on behalf of everybody also thank you all, journalists, media from around the world, for having followed our work and somehow worked with us over this difficult but intense and positive week. thank you. >> good evening to all of you. let me also join my colleague in thanking both the swiss government and the distinguished members of the press and media for their -- actually trying to work with us over the last several weeks and trying to help us in getting the world to know what was going on. as our tradition has been, i will read the same statement that my colleague just read out to you in english in farsi. it will be the same statement. [speaking in farsi] [speaking in farsi] [applause] >> good evening. please stay for a press conference that will begin in a few minutes. [captions copyright national cable satellite corp. 2015] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit nci

and the swiss people are swiss and they care it strikes seven at the same instance. so if you put the clocks together you have to send the signals between the clock and they travel at the speed of light like a light signal or radio. and you have this patton examiners saying what if i caught up with a signal when the light wave seems stationary. what if i am travelling really fast. and what will it look different to me? and he comes up with this mental leap that time is relative depending on your state of motion. speed of light is constant. he does that exact same spring. another paper that talks about how basically the fundamentals of quantum theory. that light is a wave and a particle so particles of light and a wave and it is a whole concept that becomes quantum theory theory. so you have two great scientific theories that are the pillars that bring us into the 21st century and take us from newton mechanics into a new world that is relative theory and quantum theory and both happen in the spring of 1905 while he is sitting on a stool doing thought experiments as a

. >> det ready for a swiss kick in the fannie, fannie and freddie could get more taxpayer -- they are backing loans with as little as 3% down. isn't that what started the last crisis. you argue they are bound to be repeat ?d. >> here we go again. there is a risk that fannie mae or freddie mac could have the need to draw on a credit line they have with the treasury department. diferdifference this time it is by design, part of a do-or-die gamble by officials too compel congress to act. neil: what do they have now? since the crisis, they were left out of dodd-frank the law. how have fannie and freddie fared since? >> remarkably. there is a combination of things. their natural ability to make profits, 5 trillion, book a business tweets to their guarantee fees or insurance premiums it bears out to big numbers, they made about 132 billion in 2013, they paid back full amount that government lent them they are up about 40 billion from amount they borrowed. a remarkable turn but you can't have that luck forever their earnings are moderateing, the big deal, of this new chattedder newer -- chat

>> the same tax that republicans are trying to put into swiss cheese tax holes for businesses. it's not for the real people. neil: maybe you'll answer this. who pays for this? >> we pay for it. the small business owner. the average americans. we pay for it. money has to come from somewhere. doesn't fall out of trees. what happens with this entitlement programs, the deficit accelerates we're diverting necessary for ourselves the private sector that would get this economy going. all this rah-rah about this recovery, you know what, it's not a recovery. i wouldn't be surprised to see us slip back into a recession because of what's going on. neil: you have to start saying, we will also comprise on the credits we like. and the things we give to oil companies and banks. >> that's how we get the complicated tax code to begin with. look profits are high. people's productivity have never been higher. their prosperity is not gaining. profit is at record highs. neil: are you saying this recovery -- >> the company has paid several federal income tax. neil: you know what's amazing to me all

stores revamping its technology following it's purchase of the swiss drugstore change. >> alibaba founder is expanding further into china's healthcare market. they are moving the pharmacy business into a publicly traded area. they are currently limited to selling over the counter medicines but today's deal prepares the company to move into prescription drug sales in and when permitted by the government. >> the on line retailer j.d..com has launched gd worldwide that let's consumers buy foreign products that may not be available on the current market by expedited deliveries. the new service gives international suppliers a chance to sell to china without establishing a formal presence there. they've seen the value sore much like other companies leading the country's market surge. some company evaluations have risen to 2 to fimes their reported profits. compare that number with 156 of u.s. tech stocks when the nasdaq peeked in 2,000. what should we make of these numbers? are we seeing a bubble in the making in china. have you been in china for many years, what do you think we're seeing now?

] bill's precision as an editor led to one of our more successful capers what came to be called the swiss edition. bill had just left for his annual two weeks in switzerland where he wrote his annual book and in a heady moment we decided to craft two pages of editorial paragraphs containing those elements that would make bill the editor curl up inside and die. a grammatical irer a stylistic aberration, too many exclamation points aival grism an overworked clishay, an inept foreign reverence a tinge of cookery, a mention of himself. the bogus paragraphs chosen from entry by every member of the editorial staff were paste under two copies of the issue of march 15, 1974, by art director jimmy o' brien and dispatched. a few days later france sis brawnson bill's secretary was on the wireane state of shock. -- on the wire in a state of shock. better brace yourselves she said. a memorandum had come in from bill like nothing she had ever seen. it was a -- the paragraphs in the march 15 issue he wrote are truly appalling. how course to refer to proxmire's hair replant operation. [laughter] the conc

. >>> and we peel back the shroud over the super secret world of swiss banking. the person at the center of it all, his shocking revelations. it is an exclusive you won't see anywhere but on cnbc. >> as you were saying a positive month but ending with losses with the dow and s&p 500 down for the third time in four days now. the nasdaq down for a fourth straight session. it is currently off by over 1%. the major averages up however, for the month of april. having their biggest drops today, though since april 17th which is approximately two weeks ago. check out oil, though having its best monthly gain in six years. crude is up more than 24% over that period. bertha coombs is at the nasdaq jackie deangeles at s&p. bob, is there something more to this? >> i think the problem is we have continuing concerns about the inability to get earnings up significantly. we're flat but not moving up very much. i think we would have ended april last week because you're right, we haven't had any energy at all this week. look at the s&p 500. we're to the downside and moving sideways

the burger patty is seasoned with coffee dry rub and then topped with a sunny side up egg and swiss cheese. leon: that's the kind of stuff you started to see when the roman empire fell. you knew had gone way too far. alison: gluttony? leon: of course there's only like 25 calories in that thing. alison: you're not thinking about calories if you eat that. you can have one of those beers with it. leon: your stomach will explode. alison: let's check in with doug today regardless of what you're eating. leon: we're tracking a few showers. take a quick look at that. showers are diminishing. you see them mainly west of the metro area. zoom in for a quick second here. a few more from bluemont south to warrenton. won't cause much of a disruption and won't have much if any, effect at the ballgame tonight. while we're dealing with temperatures in the 70's and parts of the country are dealing with winter weather, real deal. let's go back to arlington at the netherlands pavilion steve rudin spent all the day saying it's curleon? there you go. steve: hey. few drops out here right now. not going to amount

swiss-designed precision brought to your kitchen. celebrate one year of vertuoline with $100 dollars off. it's the best price we've ever engineered. ♪ ♪ >>> your warriors fun factor for the night. they have won 16 games, the knicks have won 14 games all year. the team that the warriors dusted last night for win number 61, a little dust up. tonight, cayman, a former teammate of chris paul, shoves him. no ejections, but big baby glen davis also winds up going down. no ejections, and back to the game itself. chris paul had the last laugh. 41 points, 17 assists. the blazers go down on their home court. >>> could it be billy bean actually knows what he's talking about? he put the a's in a panic with the off-season deals. their fans anyway. seemingly has them in a good direction and they've been playing good ball all spring. jolting another. his 6th of the spring, breaks a 1-1 tie against the angels. 6th inning, jb sportman, young outfielder also goes deep. the highlight, watch the fan beyond the left center field wall. that's a good c

elsewhere the wall street journal reports teheran is trying to buy a swiss petroleum refinery as an outlet for the crude. with a possible deal just around the corner the reorganization of power in the region seems well underway meaning big deals in store for american and british arms dealers as hadley gamble reports. >> with months to go before a final deal could be reached with teheran over the nuclear program u.s. officials now say they plan to bolster defenses for suni arab allies in the gulf including a commitment. >> they face a range of threats and has for a long time. >> the u.s. lead invasion of iraq in 2003 that had abandonment of mubarik left the kingdom feeling vulnerable and with the yietszunited states moving closer to a reproachment with iran a new generation is taking charge. >> when you want to know what is going on in saudi foreign policy you call up washington. this is over. you have to call them because they're not going to go through washington to do what they have to do. >> saudi arabia looks to project it's influence and further a field in yemen and beyond they're fin

many swiss really, really want to get your hands on the apple watch they will have to go to france or germany. that is hilarious. we own apple here. you can't sell your watch. >>> you maybe punching your pillow right now in frustration but saturday was the official international pillow fight day. yes, there's such a thing. >> for the first time, thousands celebrated the event in two greek cities including athens. it raised awareness there for abused women and children with the motto pillow fight, don't fight. another held in bucharest square and if you get tired at this one you can take a nap. >>> coming up, the hunt for a missing college freshman. she disappeared more than a month ago. and now police led to a pond in virginia and a new twist involving her step father. >>> and a new role for former commissioner bud selig. what he is doing now and what he is telling abc news about baseball's biggest controversies. you are watching "world news now." ♪ >> announcer: "world news now" weather brought to you by easy off oven cleaner. d to do now is just put our platter in the oven which w

. >> one of the top holdings is credit swiss. what do you want to see in strategy changing going forward? >> you know one of the big and i would say last open questions has been it's capital position. by any measure they're strongly capitalized but they are still putting pressure on the ratios to make sure that in switzerland they have the too big to fail idea with credit suisse. they're hooking for them to go through the capital base and if that isn't earning it's return and what i'm referring to are certain businesses within the investment bank and then perhaps it's time to accelerate the departure from the businesses and brady has done a good job operating this bank in adverse conditions throughout his tenure as ceo. what he could have done more rapidly is maybe took away some of those assets that did not have good sustainable returns and perhaps they'll be a little more impartial and remove themselves from businesses that don't earn adequate returns. >> let's talk more with the head of fund research. benjamin would you put mo

interest section in the swiss embassy into ron -- in tehran. they have been the representative american interest there. since 19 eight -- since 1980 when relations were formally broken, there are no personnel there. the case of cuba is a large intersection with a large staff of diplomatic personnel who are also under swiss flags. with iran we are not there yet. we're getting there with the cuba case. it's an interesting one. obviously the rule is, no entity goes on forever. at some time things change. we establish relations with the soviet union less than 20 years after the bolshevik revolution. with china, it took us longer. but not much. 20 years before nixon went to china. the possibility -- it is one of those possibilities, particularly if something productive comes out of these talks, which both sides see as positive. then they can say there is something in this for us. that can lead on. i would make one prediction. once we get to that point where we are talking seriously we are going to ask themselves what was the fuss about? why did we w

to know that to the more was being done, that we had through the swiss, it was hurtful to be honest. >> that was the brother-in-law. here's the thing, greta. we went to great expense, the united states, to bring home sergeant bo bergdahl in a situation like this when he was held captive. what about this decorated marine? >> that's the e-mail sent in from a lot of people. not just this marine is there a pastor being held there because he is a christian. i don't doubt the u.s. wants him home. the problem is that they are not successful. we need success. so whatever strategy they're employing so far is a big zero. it's just not working. if the state department and the white house and everybody else can't seem to keep these parents from being so frustrated, a lot is because they are not communicating with them. these are very good americans. they just want their son to come home. there is "the washington post" reporter on our screen right now. that is another situation wrongfully imprisoned. amir hekmati has been tortured there. we don't know where levinson is former fbi. we know the pas

we would like to thank the for it -- the swiss government for generous support in hosting these negotiations. on behalf of everybody also, thank you all, the media from around the world, for having followed our work and somehow worked with us over this difficult what intense and positive week. thank you. host: that opening announcement to the end of the negotiation in switzerland from about 20 to 25 minutes ago, reaction for the details what the iranian representative had to say. a tweet saying, syria's differences with the u.s. hopes mistrust can now be remedied. we will continue taking your calls. reaction to the news you're hearing out of switzerland, as we wait for president obama's speech here at the rose garden in the white house. let's go to fill, in new york paired democrats line. phil, go ahead. caller: i am calling because i would like to congratulate president obama, secretary kerry, and the iranian negotiators for their investment of world peace. i think this is great news, particularly, i was pleased to hear about the creation of an international atomic energy's study program in

obvious he is a decorated marine and to know not more was being done that we had to act through the swiss. it was hurtful to be honest. >> but just who is sergeant amir hekmati? we asked his family to tell us about our marine and his sister showing us some childhood photos. >> this is amir with his twin sister leela when they were kids they were crowned king and queen at an event and they were helping to participate in that event. >> this is a more current picture of amir. >> this is right before he left. >> before he went to tehran? >> yeah. >> just a head shot? >> just for professional purposes for the future. he played hockey in high school. >> any good? >> oh, yeah. he loved ice hockey. and here is one of him playing soccer. >> where? >> over here. >> he played in high school? >> he was very athletic. he likes sports a lot. >> what did you think when he joined the marines? what was your thought? >> i could see it coming because of his need to not just, you know, he loved to be able to prove and do something that is the best of the best do. you know. really wanted to give back to his c

last two years they have been busy upgrading the world's biggest particle accelerator deep under the swiss border. >> afternoon 27 kilometer long circuit. the clyder, just baby steps from researchers here at cern, the european organization for nuclear research. >> six weeks or two months. the commission. all of the systems one by one. in 1220, someone announced an unexpected breakthrough. >> scientists finally discovered the higgs bosson an elementary particle that gives mass to other particles earning it the next name "the god particle." two of the scientists higgs and vos. >> no atoms. there will be no nuclear. it would also be from galaxies. the lhc contains a ring of super conducting magnets with accelerating structures which boost particles as they hurdle down the speed of light. their collisions could reveal new scientific secrets. eventually they will be looking at areas like dark matter. that's the invisible matter which makes up 84% of the known universe but can only be detected by its influence on visible matter like galaxies and planets, but there could be many more discoveries

warned trading revenue would be down in the mid to high single digits and suffered a modest loss in the swiss frank. citi and goldman were high ahead of the two important earnings reports. >> coming up we'll be tuning in to the russian president's call in show at 11:00 cet. don't go anywhere. >> netflix shares hit an all time high after earnings but what was it that got investors so excited? we break it down after this break. >>> the imf warns of a super taper tantrum in the bond markets when the fed begins hiking rates. while u.s. secretary treasurer jack lew tells cnbc he's concerned about the disparity between the u.s. and the global economy. >> i think the focus of this week's imf meetings is important. it's how do we make sure that there's stronger growth around the world? that would actually lead to currency values you know changing a bit. >> a turn around at unilever. shares rise to the top of the ftse 100 after q-1 sales are above expectations. >> but sab blames the strong green back for lackluster results while the rival sees sales slow due to weak demand in it's u.k. home market. >>

the other was to get the swiss government to heed the enhanced sanctions. switzerland was at risk of being the hole of the donut in europe, the place iran would go to trade oil. the argument was there was some way we have to bring iran to the table. when we finally bring them to the table and we get a framework agreement, this is a great step forward. we are where ahead of where we were just two years ago. host: the issue of iran will land first and foremost next week on the senate side. i want to play you some of the comments from senator bob corker, the chairman of the senate foreign relations committee, and his concern over the deal expressed on fox news sunday yesterday. [video clip] >> one of the proposals being floated as a nonbinding vote by congress. you could disapprove the deal, but then the president could still go ahead and suspend sanctions. is that acceptable? senator corker: no, it's not. i think the bill we have laid out that had strong bipartisan support, chairman menendez, who has stepped down, as we know but chuck schumer supports this, t

the 34-year-old swiss player was called up for her country and the fed cup play-off against poland because of injuries to the other players, she did produce some good moments but went on to lose in straight sets 6-4, 6-love. >> saying when he is at his best he is almost impossible to beat jamaica is in brazil as he warms up for his last olympics in rio in 2016. the 6 high time olympic champion alongside brazil's three-time parolympic, completely blind. he enjoyed his moment as a guide. in india, the organization that's meant to support parolympi parolympic athletes has been suspended, leaving them unable compete. they could fail to qualify. the international committee took the decision after the poor treatment of athletes at a recent meet. indian paralympians were made to stay in building with no toilet and drinking water. many had to sleep 09 floor with some aband oning their wheelchairs to drag themselves up the stairs. >> there could be nothing worse for players. they won't be able to participate now. they will help the international blind world sports. they may be able to partpates. a

the swiss government international community the ngo community and industry came together to create code of conduct for private security providers and you are critical and i would like you to itemize what problems you have with this document and the associations creating standards and guidelines? >> the international code of conduct for something i was involved in with the montreux document. i think it's a great start. i don't think its regulation. basically the way it works, it's a club and if you are a company and you want to be seen as a grade a company best of breed you up and you would have to be vetted and you get a certificate of health. hopefully they would introduce your get you clients but at the end of the day there is no coercion. the worst international code could do is to kick you out of the club and to me that's not regulation. so i think it's a magnificent beginning and it could be a future framework but it's not like laws of armed conflict. >> i am dan whitman with american university. you mentioned multilateral organizations and countries like nigeria don't think i've h

the swiss team held their nerve, fighting back from a set down to claim victory. >> aston villa faces arsenal in the final of the world cup. the striker gave them the lead after half an hour at wembley. 6 minutes later villa's belgium fighter made it 1-1. ar the break. fabian give villa the victory. 2-1 is how it finished. >> in english premier league, tottenham tightened their grip. fourth placed manchester city picked up a 2-0 win over west ham. the defending champions giving up hope of retaining the title. manuel pellegrini's team need all point possible. an own goal gave city the lead. sergio added a second. he became the top goal scorers, ensuring city opened a 7-goal lead for liverpool in a chase for the top four. >> it's important for our team to win. because we came from two defeats in a row, and always with one of them - it's worth - it was important to try to be a consistent team. it's done and dusted in the dutch league. psc ian hoven seals a crown in seven years. victory. they congoed at the victory parade earlier. this man scored a free kick in that match. pf c are in tal