and warned that the good close borders of greece. greece can legally be thrown out of the free travel zone, but enforcing the boundaries for goods could have the same effect. macedonia has reportedly closed its border with greece to migrants. macedonia is a key crossing for thousands of migrants traveling to western europe across the balkan route. they have already imposed controls, limiting passage, and more recently it has only allowed people from syria and other countries through if they declare their destination as germany or austria. we are joined in the studio, he was at the macedonia border earlier. this is not a member of the european union. first of all. what does it mean now that it is reportedly closing its border, what does that mean for the flow of migrants? >> it will mean what we experienced last week when macedonia for the first time sealed off orders and what it will -- borders, and what it will create is a traffic jams on the greek side. this is a tough situation for the greeks. at the moment, 2000 people are crossi

political solution in greece. this will increase pressure on ,r. tsipras, the prime minister if he threatens creditors with more political instability. they would put pressure on him for pension cut, then the response that he will likely get prohe opposition is a true bailout floors, so there is an alternative. no consensus for mr. tsipras and more pressure for his government. francine: thank you so much for all of that. staying in europe, it appears that germany's open-door refugee open aftero longer the new york steve sexual assault -- new year's eve sexual assault. she has been addressing it every day. today she will be gathering with her coalition partners as well as csu to have a big advisory meeting. what we saw over the weekend is that her main opposition because of the coalition government, we saw them move toward merkel position that you need to make it easier to expel potential refugees who have committed violent acts against women. when it first happened, it seemed like there was a split. saideft in ger

macedonia closed their border to greece. so people are not coming from greece and serbia. that is plan b by default. everyone closes borders except germany. mrs. merkel can pretend she has not closed the borders but she has basically. judy: if the wake-up call is out there, it is ending the war in syria and iraq. it is not here in germany, sweden and austria. it is out there. diplomacy. the power to stop it. europe tends to move slowly. the willask only if for his at the door. let's see the door in the form of refugees freezing in tent cities in the balkans. 's righty the chancellor and that leads to movement within europe. a need for more time. how much time does she have when we look at the internal political situation in germany? erik: i don't pick she has a lot of time left. been banging the drum. more and more people are fed up with the situation, especially after the events in cologne on new year's eve. 800 people drown off the coast. the eu, said this is horrible and then went back to business as usual. thousands of't see people freezing to death in greece. i can im

in greece, the refugee who's racing towards a new life in europe. the dutch relatives looking for answers after the downing of mh17. and why slovenian farmers are the salt of the earth. one of this year's big stories in europe of course has been the eurozone debt crisis. and it's greece that's been right in the middle of it. athens wants more financial support. but most other eurozone countries want to see economic reforms in greece. it's certainly a controversial issue that's been the topic of plenty of arguments between europeans i know. but in a tragic twist of irony, greece is also at the centre of the other big problem rocking europe right now -- the refugee crisis. some of the greek islands have become stepping stones to safety in europe for refugees fleeing war in the middle east. the problem is once they arrive it can take years to be granted asylum, and find a job and a home. but one young refugee is taking all these problems, quite literally, in his stride. reporter: 42 kilometers, in two hours and 15 minutes. that's what houssein hmaidouc

now we have to take you to greece. greece buto today, the austerity party take office to it since then, the referendum, reelections, and a bailout package, we are no going to london where our own guy johnson is joined by the former greece minister who said no to austerity. guy: thank you very much, stephanie. int time we spoke, we are your office in the finance ministry in athens. it is one year the anniversary this week. any regrets as you look back on what happened during that period as to what was handled with credit? >> plenty. we failed. we were elected with a mandate to reboot the greek economy. a fiscal recon solvation fact -- recon unfortunately, the other side, the lenders were not interested in having a rational discussion we felt to convince them. the problem is that given that we are continuing along the path of the field program, greece is continuing to seek -- sink deeper into the inflationary spiral. we missed this chance quarterly, creditors, lenders, the eu, we miss this great opportunity to stabilize

staying in greece are going to greece, one year ago today, greece saw anti-posterity parties and since then, the country has had referendums, reelections and a bailout package. earlier today, we spoke with the former greek finance minister yanis varoufakis about that time. yanis: we were collected -- we were collected to reboot the greek economy, and to really -- elected ollected to -- to reboot the greek economy. unfortunately, the other side, lenders were not interested in having a rational discussion. given that we are continuing along the path of the famed program, business is continuing to sink deeper and deeper. we missed this chance collectively, creditors, lenders, the european union, we missed this great opportunity we had to stabilize greece and get off the headlines so you don't have to talk about greece again. >> basically, there is no chance of fixing greece? yanis: guardian angels cannot fix greece. am making is that even if you were to have guardian angels in charge, given the constraints of this understanding, can a broken economy like greece be amended by pushing almos

greece is planning other member states for not doing more to help. five years ago today, protests erupted in egypt that marked the beginning of the end for then president hosni mubarak. but deep clinical turmoil did not stop there. the country seeing first and islamic government and military takeover. now israel is being led i a general from the mubarak area. though he paid tribute today to the protest movement, the general promised a tough response to any unrest linked to this week's anniversary. reporter: the chaotic and smog filled capital used to be the best place on earth for one couple. he plans to marry his fiancee but their dream became a nightmare on this bridge over the nile. last november, a few dozen demonstrators gathered to remember the victims of egypt's popular revolution. police arrested him along with several others for disturbing the peace. they have no doubt he was tortured while in custody. he was jailed two years for disorderly conduct. >> we are trying to draw attention to this case. we want to get him acquitted, but we also wa

greece has hit back accusing them of lies. the schengen zone is formed of 26 countries which agreed on a common visa policy making it easier for people to move around within europe. since the refugee crisis began, six of those countries have put emergency border controls in place and these are in force until may. germany, austria, sweden and denmark have asked the e.u. executive to prepare for the extension of those controls for up to two years. from the german sit of pasu our correspondent reports. -- passau >> reporter: the free movement across europe is domesticing a stop. on the austrian border german police have been controlling rivals since september. this is not what the schengen zone was meant to look like. as the refugees crisis continues, this is what is happening. talks were held again on how to manage the flow of refugees and migrants. some governments increasingly frustrated with greece, which they say has failed to control its borders with turkey, are now talking openly of suspending it from the schengen zone >>

a lot of the refugees come through greece. there has been frustration on the part of other eu members on how greece has dealt with this. how does this play into everything? james: it is a surreal aspects of the european discussion that the germans are blaming the greeks for not policing their frontiers. the greeks have about 8-9000 miles of shoreline. there is no possible way they can police them. if the police the islands that are close to turkey, then boats will go around, more bodies will wash ashore and otherwise it will have no real effect. the greeks have no money as well to beef up the police presence on those beaches. it's an absurd position that the europeans are taking. one of the more attractive things about the greek government is that it is taken in open approach to the refugees, gotten people the boats and into the camps. you could say that they could do better, but pretty well compared to the difficult situations. joe: what about attention elsewhere in the eurozone? we've had the election in rain -- in spain tha

greece is kind of the front line of the migration. greece is strengthening the control of the european union. this is good for greece because this can be a part of the negotiation. they have to be a little bit more forgiving to the greeks. >> how is what's happening in europe relevant to the rest of the world? >> i do think, europe, it's transactions and goods and services, people's and financial transactions, are so frequent and so daily life. then it have to be the case, the countries start to be united more and that can kind of european experiment, that's kind of european, people are now struggling, but at the same time i do see the kind of future that asia will become like that, so we should be watching very carefully how the europeans deal with this time. >> and we will focus on the association of southeast asian nations in our next installment. if you missed our previous episodes, check out our website. that is the latest in business news this hour. here is a latest check on markets. >>> japan's nuclear regulation authority is o

we spent a lot of time in brussels talking about greece, is greece moving fast enough? what would you like to see? >> i had the greek finance minister in helsinki last week and i bumped into the prime minister of greece yesterday. if you look a year back or even half a year back, there is more confidence. the third program is in progress and they're looking on the third review. pension push it on reform or privatization but things are looking much better now than they were. >> it seems like last year we spent a lot of time on the review at the time. are you worried this summer we will spend a waste of time on the completion of where they are at? >> i am not too worried about it. one year back into davos, the government was just in and they were anti-austerity, anti-imf. then we had half a year of basic mayhem and chaos. in july we were at the crossroads and now reviews of those building blocks. they have had elections of the political situation is much more stable in greece. things are much better than last year. means by -- that definition that the greeks will have con

many children drown in the waters of greece as two boats sink. and high blizzard alert, millions of people in the united states are bracing themselves on what could be one of the worst winter storms in memory. good evening. five years have now past since unrest started in tune neice yeah. those events became known as the arab spring. it has have had people taken to the streets. overnight curfew has been imposed nationwide, this following from last night's protests which turned violent. the french government promised one billion euros and the president held talks here in paris. d essid held a cabinet meeting. we are there and have the latest. reporter: it is the first time since national curfews are being enforced. people struggling to get home. and taxis were full and the streets are nearly empty and the stores are closed. and i'm in one of the neighborhoods where clashes erupted last night. the situation is extremely unclear. and since the riots happened last night, nearly all regions are now involved. vast protest movement is important to disti

greece has hit back accusing them of lies. it is formed of 26 countries which agreed on a common visa policy making it easier for people to move around within europe. since the refugee crisis began six of those countries have put emergency border controls in place. these are in force until may. now germany, austria, sweden and denmark have been the e.u.'s executive to extend those up to two years. our correspondent has this report. >> reporter: its free movement-- is free movement across europe coming to a stop? on the austrian border police have been controlling rivals since september. this is not what the schengen zone is meant to look like. governments are putting national interests first. in amsterdam european ministers held talks again on how to manage the flow of refugees and migrants. some governments, frustrated with greece, which they say has failed to control its borders with turkey, are now talking opening from suspending it from the conscience glen zone >> translation: i believe if it is not only to protect the bor

more than 1,000 people arrive in greece every day, but now europe's welcome mat is wearing thin. farshad rahimi fard told us hee left iran in search of religious freedom, paying a smuggler nearly $3,000. but he's now stranded in greece, living in this abandoned hockey stadium and could face deportation after he, like thousands of others, was turned on the route to germany. >> reporter: hundreds of other stranded migrants, many from north africa, are being held under lock and key in this greek detention center. we were denied permission to go inside, but one of the inmate sent us these videos showing the conditions, including a protest that he said was put down with tear gas. some european countries have built razor wire fences. others will now only accept refugees from syria, iraq, and afghanistan. as an iranian, farshad can go no further than greece, destroying his dreams of a new life in europe. >> reporter: most of the migrants arriving in europe set off in boats from turkey, and pay turkey around $3 billion in return for itselp stemming the flow of people. but so far, scott,

we had an exclusive interview with the prime minister of greece. he talked about greece being open for business. s&p credit rating. we are not even wearing coats. them a give us the party highlight of your week. the party us highlight of your week. >> it has been a strange year. some of the parties have dialed back a little bit. a big party thrown by mckinsey. lots of action on the dance floor. some poodle kratz getting down. kratz -- some plutocrats. whatever party you are at there is always a better party. >> i am convinced you guys have and start -- haven't stopped .artying how has that played into your >> it wasn't quite like last year. expensive to more everyone, which doesn't matter because they can afford the 20% increase. absurd.es are i think i paid 18 swiss franc for a hot dog earlier in the week. things are expensive. there was a reception at j.p. morgan chase. jamie dimon, he welcomes you. it was in an art alaric. we have some -- an art gallery. paintinget a kershner for 15 million pounds. beautiful location. the captains of finance. i

alix: that was a former finance minister of greece. scarlet: coming up, we will be sitting down with mohamed el-erian about his new book and get his thoughts on what the fed does next. alix: a quick check on the market as we had into break -- the dow holding on to its rally. the s&p up over 1%. overall a rally that we are seeing. scarlet: energy stocks leading the way, up better than 3%. two thirds of by 1%. ♪ alix: it is 1 p.m. in new york and six p.m. in london. scarlet: welcome to bloomberg markets. from bloomberg world headquarters in your, good afternoon alix:. alix:here is what we are watching at this hour. centralel-erian says banks have to stop being part of the problem and become part of the solution. we will have an in depth conversation about how the global economy can grow again. scarlet: shares of apple have fallen sharply since the last earnings report. will the earnings justify the selloff? falling oil prices and chinese stocks are putting a dent in home sales, making homes like this one a tough sell. first, we want to

. >> the european people that greece is important to the european union because greece is kind of the front line of this migration. this will strengthen border control and the european union can help. i mean, this is kind of good for greece because this can be part of the negotiation for the debt restructuring. they have to be a little bit more forgiving to the greece. >> how is what's happening in europe relevant to the rest of the world? >> i do believe -- europe, again, if the transactions, goods and services, peoples and financial transactions are so frequent and so daily life kind of things, and it would have to be the case country and self start to be united more, and that's kind of a european experiment. that's kind of european people struggling, but at the same time, i do see that kind of future with asia will become like that. so we should be watching very carefully how the europeans deal with it. >> we'll focus on the association of southeast asian nations in our next installment of world economic outlook 2016. and if you missed any of our previous episodes, be sure to check

at least 39 refugees have drowned trying to make the crossing from turkey to greece. that's accord to turkish state media. a boat carrying more than 100 refugees sank when it hit rocks on saturday. some people may find these images distressing. >> reporter: they are casualties of war and poverty. among them a small child, other children and adults too. washed up on a beach in turkey. their boat had sunk not far from the rocks. in all about a third of the 120 people on board didn't make it, drowning as they tried to reach greece, a gateway to europe used by so many before them. some of the victims are thought to have been from syria. all this as politicians in geneva gather for talks to try to end the nearly five-year long war. >> we will save you don't worry >> reporter: overnight another group of refugees tried to make the journey. the italian coast guard spotted people stranded on rocks near the greek island of lesbos. against the darkness of the night the only light came from the rescue boat. it was a daring operation with divers trying to reassure the men, women a

the interview with the finance minister of greece. >> greece is continuing to sink. we miss this chance collectively. creditors, lenders come a the european union, we miss this great opportunity that we had to stabilize this and take it off the headlines so you don't have a problem with greece again. >> you are giving it to fix greece? >> god and his angels could not fix greece. >> god and his angels are not as fairly in charge. >> even if the angels were in charge, given the constraints that let's be practical here. can a broken economy like greece the amended by pushing every good and service? can we possibly fathom recovery when businesses, small, medium, and large, were forced in the last couple of months to prepay 100% other tax for 2016 in 2015. that's what you do to a country if you want to crash it. it can expected to recover. betty: i want to read one excerpt where you discussed the direction whether we can go up or down here. you say, the direction involves restoration of high inclusive growth. the other road is one of even lower growth, persistently high u

up next to look behind the scenes of greece live. >> coming up, super bowl safety is almost here and we know 196 -year-old who is pretty fired up with the bigretty matchup. >> let's take a live look cloudys a side but no complaints because when you step outside you will beu step shocked at how warm itt ho is out there. aj will be back with the rest of your sunday weather when we >>> 7:45 a.m. breezy outside and it's going to 7g be a lovely day. >> it is.. it is not quite florida weather. >> there is w a space between nato and they are. >> will writebe a period >> kudos tohip you for being couth. >> big words. >> you guys are keeping me awake here ticket remember the candy bar while it wasn't a candy bar. remember the kudos bar. >> i think so. they are quite tasty. a lot of chocolate. >> it is quite tasty outside right now. >>> with a morning like this i don't think weorning will ever really want to go back to winter.l ever when we see the temperatures that are dueen w in. >> i think the groundhog should be forewarned aboutndho this. we've got a ring to the north and know when jury pr

. >> more to come on the program including rising costs and new taxes get farmers in greece all fired up. desperate pleas from inside the besieged yemen city of tie for the outside world to come to their aid. ♪ >> we're here to fully get into the nuances of everything that's going on, not just in this country, but around the world. getting the news from the people who are affected. >> people need to demand reform... >> ali velshi on target ♪ hello again and let's have a look at the top stories at al jazeera, three killed in a mosque in saudi arabia, others have been wounded at the mosque and shia muslims in the eastern providence of al-aksa and the gunman reportedly wearing a suicide vest was arrested. the u.n. says talks aimed at ending the war in syria will go ahead as planned on friday. some opposition figures will be attending despite others within the opposition insisting they won't take part. the u.n. says it is alarmed over new allegations of child abuse by european soldiers in the central african republic and some of the alleged victims identified french and georgian troop

julie chen takes us behind the scene of greece live. beh >> greece live is soaring to new heights when it comes to live tv musicals.meto vanessa hutchens dons a part of o tough girls rhythm. >> it's never been done before. we are going to be doing a scene hopping on a the stage happened with but the co-op sta ballpark the running a doing costume changes musicalg g number. >> there's going to be live audiences at these three different stages in addition to the millions watching at home.on we're doing a live almos movie. in a movie you get take the aftert t t take but we are on real movies unreal movie sets and we get to do it all at once. >> the person who worked on glee isoed choreographing the numbers. since greece lied tom kale who who'd t direct directs the critically acclaimedire hamilton on o broadway and alex brezinski >> donahue snaps into the role ofe snap jan. >> one after put on glasses and i have to go like this and then i'mla thi jan. >> attitudes on and fresh paint on ther sets, greece live will be >> greece growing up watc

greece live coming januar january 31st. this is awesome. >> on fox. >> speaking of greece live, they finally found their team angel l or angels. grammy winning r and b groupro boys to 10 signed on for iconic cam cam yo.am y they will sink beauty school sco drop out. it was made famous by frankieki avalon. julianne in a huff as sandy and vanessa hudgens as rizzo. it airs january 31st on fox. >> it's sad when you think about to grease we live olivia newtono john and john travolta.lt so many kids that are going goig watch they've never heard ofer a greece. >> i know. >> frankie avalon was in the one with john travel ton olivia. oli >> i think he was. he was. did he a cameo.. he did the teen angel in a a dream. >> we have the winning lottoinnt numbers for to you check. >> as we say goodbye give thesee to you again. >> they are 02, 11, 47, 62, 63,6 for you ball number 17. good luck! >> we didn't win guys. >> today on "tmz" -- >> rob kardashian just got the most pandering letter from this diabetes company. >> a company called fiv

arriving on its shores" and that greece must step up border patrols. some eu states are suggesting greece should be suspended from europe's passport-free schengen zone. greece calls accusations non-constructive. >>> in just a few hours iranian president hassan rouhani will meet his french counterpart francois hollande. mr. rouhani is on his first trip abroad since the nuclear deal took effect. he's attempting to re-establish iran's reputation and look for business investors. >>> china's financial markets closed at their lowest point in more than a year on wednesdy. take a look at all the red there. the shanghai composite fell nearly 3%, while the tech-heavy shenzhen composite fell just over 4%. >>> u.s. presidential candidate donald trump plans to hold a fund-raiser for military veterans thursday night instead of going to the fox news debate. i want to show you here an invitation for his event. the debate is just days before the critical iowa caucuses. trump is feuding with fox news and host megyn kelly, who he's been calling biased. trump spoke with h

. >>> the union says greece has neglected its obligation when dealing with migrants and greece must step up boarders controls. some states are suggesting greece should be suspended from europe's passport free zone. >>> more now on our top story. donald trump isn't backing down from his fox news debate boycott. he spoke with bill on riley. he tried to get him to reconsider. >> you went to church last week. you don't usually go and you went to church in iowa. >> i do go. i go a lot. i'm not every sunday, but i go a lot. >> so in your christian faith, there is a very significant tenant and that's forgiveness. i think you should forgive not only journalists who come at you in ways you don't like, but i think you should be the bigger man and say i didn't like it and you should make that case all day long but i'm not going to take any action against it. don't you think that's the right thing do? >> it probably is, but it's called an eye for an eye i guess also you can look alt it that way. >> that's old testament. no, no, no. if you're the christian the eye for an eye rule goes out. turn the o

some european leaders are also considering shutting out greece. that is the main entry point for refugees to europe. with more details on those border restrictions here is are barnaby phillips. >> temporary border controls have been in place since september. this is main autobahn. every now and then the car gets pulled off the autobahn and the police check who's inside. this is not what the europe ever opeofopen borders was meant to k like. under increasing pressure to bring the refugee and migrant crisis under control. that is what the interior ministers meeting in amsterdam today will be discussing. germany would like these temporary border controls which have been implemented by other countries, accreditation the schengeacross the schengenarea,o denmark, to be sended to 2017, and frontex to have greater control in countries like greece for example, of course the main in-route for refugees from syria and other countries. and some countries at the schengen meeting will express serious e exasperation with greece, even proposing its suspension from

. >> the eu threaten to the kick greece out of its free travel zone unless it tightens travel controls. >>> stepping down. >> i'm leaving the government, due to a serious political disagreement. >> a senior french official takes a stabbed against the country's anti-terror laws. good evening, i'm antonio mora. this is al jazeera america cps international news hour. we begin tonight with the ongoing crisis in libya and the expanding threat from i.s.i.l. the pentagon is drawing up plans to fight the group in libya, potential for sending in air strikes and joining forces. easier for i.s.i.l. to make inroads. the plan for a new unity government was rejected by one of the rival governments on monday. a new proposal will be presented next week. nearly 2 million libyans are in need of dire emergency assistance. he also said that i.s.i.l. was like a cancer in the country. national security correspondent jamie mcintire is at the pentagon with details. >> antonio, pentagon forces are already flying nor spy planes over libya as it attempts to gather more information on how i.s.i.l. is operating. a

the european commission says that greece must step up border controls. the greek government says its done its best to deal with the influx of migrants and calls the accusations non-constructive. our nic robertson explains what border control actions the e.u. could take. >> reporter: this could in a matter of weeks now trigger a situation where the european commission decides that it may need to enforce border controls, either internal border controls or essentially excluding greece, which would have the result of leaving the refugee migrant problem firmly in the lap of greece. and this is why we talk about the situation as if enough hasn't happened to greece already. of course the debt crisis that was temporarily, if you will, fixed in a way last year. now this, which could really hurt greece. >> now, some iraqi migrants frustrated with their experiences in germany are now returning home. germany is for many asylum seekers a dreamland. the country's received more than a million refugees. but the migrant influx has also strained german society. asylum see

the eurogroup agreed to send greece and 86 billion euro lifeline last august -- greece an 86 billion euro lifeline last august, but athens did not want the imf on board. the imf is offering a tougher bargain than other creditors. he confirmed to me that the greek government accepts that the imf needs to be part of the process. admit it absently clear it was part of the agreement we had this summer. absolutely clear it was part of the agreement we had this summer. markus: we're going to stick to the eurozone. the french president is set to unveil his latest plan to cut unemployment. it is close to record highs. that has led some french politicians and business leaders to suggest unemployment benefits are to generous -- are too generous and should be reduced. mark thompson reports. mark: france must make changes to the benefit system, that's the message from the minister of parliamentary affairs. >> both for financial reasons and to mobilize resources to train people who are unemployed, we will have to make changes to the parameters of unemployment benefits. a proposal also put forward

we have 300 staff in greece to work with them. there are bottlenecks all over europe as individual states take unilateral action. the only way to a dress it is for europe to work together. on paper they're a good plans, but they need to be implemented urgently inside of europe. katty: the european union in brussels is contemplating the idea that schengen country for two years could resurrect border controls. what do you make of the apocalyptic view we are getting from some in europe that the migrant crisis could trigger the end of the european union? david: i think it is premature to talk about the end of the european union. it was set up to ensure that crises like these would be addressed in an effective way. angela merkel's right to say that this is not an unmet manageable brought -- is not an unmanageable problem. for the proper vetting and screening, and for effective action in turkey, lebanon, and jordan to support refugees near their home country, those are the right plants, but they need to be implemented with more confiden