Bloombergs European Headquarters in london. Im francine lacqua. The endgame is looming for greece. The Prime Minister is refusing to back down from campaign pledges to end austerity. A deal with european creditors for bailout funds also remains elusive. Toms neck rolls joins us now from berlin. What is now greeces biggest barrier . Hans there appears to be an emerging consensus that part of the problem is that syriza thinks they have a mandate to fight this austerity that they say is beginning imposed on them. You heard the maltese finance minister clarify and crystallized this point. Here is a quote from him. The mandate that the greek government has got, that is the stumbling block. That is why some are asking whether there should be a referendum. If you think it is the mandate that is the problem, there is a solution. That is to have a referendum. You heard hints about that in germany last week, mr. Schaeuble indicating that he could support that. You have sigmar gabriel, the vice c
Yeah. Absolutely. Its far from it. And we all collectively laid out some details to support that. Do you see any way to defeat isil in syria without a substantial arab army involved . I dont know how you get there. I mean obviously, if we deployed tens of thousands of troops ourselves we could defeat isis in syria. I dont think anybody here would recommend such an event. I think the people who have vested interest there should be involved and i think they would get involved. I mean, you know that they said as much, but we have to do something to change the momentum of the assad regime. Dr. Kagan . Is it fair to say that no arab army is going into syria unless part of the one of the objectives is to take assad down . Absolutely senator, thats going to be a precondition for because theyre not going to just fight isil and leave assad in power therefore giving the place to syria, is that correct . On the contrary i mean to iran. On the contrary. What were seeing is increasing levels of sup
Effective in our goals. I also have concerns about the current effectiveness of intergovernmental cooperation to undermine the flow of money to terrorists. I look forward to hearing from the witnesses on these issues. Continuing the Task Force Effort to Counter Terrorist financing. Thank you, and i yield back. Chair recognizes the Ranking Member of the full committee, ms. Waters, for one minute. Thank you very much, mr. Chairman. I applaud the bipartisan efforts surrounding this task force and believe it will serve us well as we work to guard against key threats to our National Security. Today the task force will explore dangerous new trend the growing convergence of terrorism and crime while terrorist organizations motivated by ideology and criminal enterprise is driven generally by greed have been thought to operate independent from one another. The testimony from the Witnesses Today makes it clear that this is no longer the norm. Furthermore, in an age of globalization, the growing
Its debt. We are three days from potentially hitting the debt ceiling, a move one bank ceo says would be a very rapidly spreading, fatal disease. We are on the grown in washington with the latest details. The deadlock in washington is weighing on stocks today. We are counting you down to the market open 30 minutes from now. Netflix coming to a cable box near you. A new report says the streaming Video Service is in talk with cable providers and shares of netflix are higher in the premarket. Still, no agreement on ending the Government Shutdown. Now in the 14th day. Nor on raising the debt ceiling. The biggest leaders in banking sounding the alarm at the International Institute of finan finance conference in washington. I was a moderator at that event. Jamie dimon painted a pretty bleak picture of what could happen. As you get closer, the panic will set in and something will happen. I dont know periodically when that problem starts. Deutsche bank says his company has been making continge
To bring in transportation. We have c 130s coming in. Authorities say that at least 2 Million People are affected in 41 provinces. We will have more from a live report from the ground. In the meantime, lets send it over to andrew. He has this mornings top stories. Good morning, becky. Thauchk. We have some corporate headlines this morning. Avardis is selling its blood testing units for 1. 75 billion. Its a very busy market for health care deals. Also shire has agreed to buy viro viropharma. The deal should boost shires rare disease portfolio. Trans ocean reached an agreement with carl icahn to settle a proxy battle. They will pay a 3 dividend. The activist investor tweeting his response writing in part, quote, great news for transocean and activism today. Joe, over to you, sir. I think he just likes us to say his name. A lot, in any context. Carl icahn in. Yes, pretty much. Icahn, icahn, icahn. In every story, in every headline. Icahn wants to be an icon. He is an icon already. Is that