deutscheonsider with asset management's sean taylor. what were your key takeaways from what was an extensive speech from mr. draghi? >> it is interesting. we were talking about the u.s. earlier. with europeference and what mario draghi is alluding to versus the u.s., europe is on the mend, but not coming through in earnings. we still need more help, whereas if you look at the levels of credit outstanding and bank loan growth in the u.s., it has gone above 2007 highs. in europe, we are still way below that and why we think europe is an interesting area in equities. as things go up again, you start to see more inflation, but we have to see the delivery of earnings for more people to get interested in the stock market come and we hope that will come through. -- market, and we hope that will come through. yousef: black rock disagrees with you and says if you're looking to make strong gains, you should be looking to the u.s. >> going back to the 15-your argument of where returns have ---year -- 15-year argument of where returns have been. >>

a usjudge has thrown out a copyright case against taylor swift over her use of the phrase "haters gonna hate". songwriters sean hall and nathan butler argued that her single shake it off stole from their song — playas gon' play. thejudge said the phrase is too banal. the development has finally come just before 11 o'clock local time, jacob zuma, south africa's embattled president, gave a speech to the nation, and has announced his resignation. let's go over to pretoria. it was a long time coming, but he has finally resigned. pretoria. it was a long time coming, but he has finally resignedm certainly has, and just in that last few moments that we saw the president, a big sense in the speech of not knowing exactly where it was going, very mixed messages in that speech, but the end the president did seem to get a bit choked up, especially when he changed to speak zulu, when he used that opportunity to directly address south africans, saying that everything he has done was out of his love for south africa and for the anc, and that he believed that if he did come short essentially asking f