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Stand right now. although things are developing and they could change. those looking to europe for inspir ration and coming up with american tax rates that target the rich may have to rethink the strategy based on a ruling by a french court. senior foreign affairs correspondent greg palkot has that story. >> proponents of the high taxes in france took a bit of a hit over the weekend. >> the french constitutional council or court ruled plan 75% tax on those earning $1 million euros or $1.3 million or more a year should be thrown out as unfair. it had already been blasted by the government criti...

Quite frankly scared of the will of its people. >> reporter: officials predict many bumps along the road for egypt and the rest of the region? >> bret: more on this in the panel. mike, thank you. is this the latest phase in history book called wonders and political upheaval? correspondent doug mckelway takes a look back. >> reporter: an ancient civilization whose contribution, map, calendar predate pyramids. but egypt's recent history is a study in turbulence, beginning with the overthrow of king faruk, british imposed monarch and rise of the abdal nasser, a pan-arab nationalist who turned to ...

>> what you see in the region is the government of iran quite frankly scared of the will of its people. >> reporter: officials predict many bumps along the road for egypt and the rest of the region? >> bret: more on this in the panel. mike, thank you. is this the latest phase in history book called wonders and political upheaval? correspondent doug mckelway takes a look back. >> reporter: an ancient civilization whose contribution, map, calendar predate pyramids. but egypt's recent history is a study in turbulence, beginning with the overthrow of king faruk, british imposed monarch and rise of...