tv Washington Business Report ABC March 9, 2014 9:00am-9:31am EDT
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>> business news from the capital region. this is "washington business report" with abc7 national correspondent rebecca cooper. >> welcome to a fresh look at business and finance i in the washington region. forget politics. seenngton is increasingly as a great place to visit. t whatakes different parts of our region stand t? we talk about the best bids for doing business. do you have a boss or clilient's to work withth? how is your own impulseontrol?
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we wl teach you how to ha a little etional intelligence. the world of wall street continued to carefully watch the crimean peninsula. it is time for the weekend review. as tensions remain high throughout ukraine, john boeerer says it t is time to allow u.s. companies to undercut russian natural gas sas by exporting s. supply, accusing the white house of sitting on 24 applications from companies is your to take on one of vladir putin's strongest commmmodities. >> the presidenthould and this de facto band so we can strengthen our economy here, and our securithere and abroad. >> even with the tension overseas, the president tried to focus some attention on domestic issues, releasing his 2015 budget plan on tuesday. on wednesday in connecticut, touting a hike in the minimum wage. there come goes out a starts a business, invents a new product -- that drives our
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economy. that is why the free market economy is the most dynamic on earth. we are thrilled with that. everybody agrees on that. but what we also believe is that nobody who works full-time should ever have to raise a family in poverty. >> while the president pushed fofor washington to enroll more people in obabamacare, the first lady wenent to miami to remind americans th the march 31 deadline is fast approaching. on friday, monthly jobs numbers were released, a sign of relief fo many investors. despite harsh weather, february saw 175,000 new jobs created, even sing a gain of 15,000 jobs in construction, normally a sector hardest hit by bad weatather. >> joiningng uto talk business news, elliptical magining editor rachel smolkin and former pentagon spokeerson jd gordon.
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you rk foroth h secretary secretary gatates. you have seenension before. you know what it looks like. how concerned should the business community be? >> i thi the business cocommunity should be very concerned about ukraine, a custom vladimir putin is trying to reconststitute the ssian empire. hehe said in 2005 that the grtestst geopolical tragedy o the 20th century was t the dissolution of the sovieunion. >> he doesot s seem hungngry foa military confrontation. at this co to that, outside the ukrainian region? >> look what happene in 2000 eight in grgia. vladimir clilinton invaded and still has 2 provces of georgia . we see 1 16,000 russian tros in crimea, surrounding ukrainian bases. if there is more tension in ukraine, you could see russian troops in the eastern third of ukine as well. the energy sector has to f focus on that. >> we have been watchingtocks
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collapse. sell a airnes, ocourse, becae they depend on gas pric. has been our big area of conrn faced with tension. fertilizer russia kes. if there are economic sanctitio, you want canadian potash stock. try to figure out how to game the market is noalways the best way to approach world affair d you say there are ws the american government cann a apprh the gas situation? >> absolutely. the white use could help the s. business sector and ukraine by apppproviving these permits, export licenses for liquid natural gas. or is a surpludue to hydraulic fracring. we have a surplus of liquid natural gas, d market forces say we could not only have t the department of energy approved these licenses, but help ukraine. >> cut to the chase. ththey have been sayg that for a long time. what do you ratete the chances f
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thatappening? >> i am not optimistic. i see howhe white house operates. all lot of bureaucracy. i need to help the ukraine and u.s. busininesses. >> you are notot optimistic. rael, you have been watching all parts of the world and domestically. look at the job numbers on friday. wh is the white house saying in resespoe to better-than-expeed new jobs, but sti slogging through the unemplployment rate?e? like there is optitimism wh the better-than-expected jobs report , with 175 thousand jobs added. it looks like theconomy, whihich there have been concerns about, whether it was sputtering or reboundiding -- it s seems to be inching along at least. there are hopes that the weather continues to improve, those jobsumbers will get better and stronger.r. the white housuse has learned is leon. they are cautious when reports come out. they are not going to declare victctory. not going to declare ll recoveryry, bubut we seem to be
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moving i in the r right directin after two months where thehere w coern. ked last month, the white house adviser say he do not attribute the jobs problems to the weather. we attttribute it to republicans in coness. jajanet yellen did attribute jos numbers to the weather, but this was a surising g report. in t terms of how all this plays out politicallfor the dterms, the president once again pushining the minimum wage hike. he knows that is not going to happen. >> house republicans are never gog to allow it. he ao has to tread back into the waters o obamacare, as the march adline is approhi even with the modifications they are making. >> those are the three big issues of the midterm. we checked through all of them this week. how is unemployment going to look? will the economy be stronger? what is goining to happen with obamacare? will t theepublicansucceed in turning that into mar liabilitity for the democrats, s they hope it will be able to do? pay inayquity, or
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eqequityty, depending on how you look at th -- the president is ending his budget this week. we know th is not going anywhere. the white housusenows thahat is not going anywhere. they had to mpete witukraine in a split scrcreen experience. he gives the wine has a chance to push the democrats agenda, -- it gives the white hououse a chchan to push the democratic agenda and counter some publican iticism. >> i want to giv jd the last word on where we go from here. yoyou say europe uld be too hurt by sanctions. atre the cnces of moving forward on that front? like the europeans have a lot of trade. out hf a trillion trade annuallyly between thehe eu, 20 eight member states, and russia. e u.s. only has about $40 billion. we can do sanctions a lot sier than the europeans. he last thing the germans want th to be impacted by higher ices from russia. they have cut off the ukraine before.
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they are getting set to raise the prices tremendously y to punish t the government. we can help with the liqd natural gas permits. of a t know howuch punitive effecit will have on putin, although pepsi is up sevepercent.t. good sales in russia. we will see on that front. what could improv your busines
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what are they, and how can they improve your bottom line? first, a little background. >> a bit is a business improvement district, a special district where owners agree to pay taxes improving amenities in their area. in places like grgetown and roslyn, bid leaders work every day to find and implement ways toto eance what their area has to offer. canington shows what bidids do, but it was toronto that created the first is this imprement districtn 1970. new orleans led the way in the u.s. in 1974. nono tre are ove1200 siness improvemement districts nationonwidede. do to help your siness, and ich areas in washingtgtonre ahead of the game? we are joined by local leaders joe sternlieb of georgetown and mary-claire burick, director of rosslyn bid.
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you helped write t legislationon when y you work at the city council decades ago that helped crte bids in washington. what was the idea thenen? are we seeinit come to fruition? it was a very different city 20 years ago, en legislation was passed. the city had a lot of issues. the bubusiness c commumunity pud on the council to pass legislation to allow it to tax itself more. every neighborhood could figure out what it was they needed to improve theieconomic development climate. it has been enormously succccessful, seenen in the ci e have. >> anyone who goeses downtown cn see the fruits of thalar. azing from when iirst moved to washington in the 1980's. in terms of what you sh for, you are head of geortown bid and hahave very y amtious plans. eorgetown town 2028 --
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2028 has 75 initiatives just as part of thatat. whatat arere you fused on now? >> thinking about what is going happen in the future of the region. we have been growing exponentially, and georgetown is thisis incredible asset, internationally known. the only fedally controlled historic district in the coununtry. our job is to keep it relevant, keep it active, and keep it a fun place where peop want to ininvest, shopstroll. our issues around transportation, economic development, achining sure t the climate is good for restaunts and retaililers, that also for emerging businesses,s, internet businesses and t technology businesses. >> mary-claire buricon a you have been -- helped create the business show, but recentl tookok on trying to better prome ruslan-- rosslyn. what arere youou tryingo do? >> we ve a cple of things
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going for us. location is superb. we do nohave the building height restrictitions that d.c. has we are rig on the potomac. we are overlooking spectacular views. that sells the area. the other interesting thing is that we have such density. for an does make interesting place. it encourages collabororation, innovation, all of tho things. it also attractsts the llennial's and the young workforce. are viewing it as a residential area. you e getting more o of a mix. have thenwn does not challengef nvinci people want to comome ere. people want to be ineorgetn. people it is easy to come to georgetown -- you ve great amamenitities.
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the harbor is incredle.. what are two or three of the businesses andnd projects yoyoue most exciteded about in terms of makingng it the place to be? > people are most e excited t the transportation issues. making it easy by widening siwalks on the weeeekends, making a streetcar to the gegetown waterfront. we have been talalki to the folks s in rosslyn about doing a study for an aerial gondola. just like a ski lift, right over the riv, connecting rosslyn bi d with the georgetown bid. we are pushing metro to accelerate thehe blue line meo station in georgegetown. a lot of transportation ininitiatives to look at. there, more pleasant foralki around. >> all o of this costsoney, but sinesseses by law pay these extra taxes. many say ty benet more greatly.
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whwhat is to be ablto have the kind of leadership ey can bring to improving the are we are a public-private partnershihip. weupplement servicices that th countyty provides. protectinggre about investments the businesses and residents have done,luding property value clean and safe, landsdscaping, cultural things, and in paparticular in rosslyn, we are very active. working very closely with the county, we are in the middle of a sector plan update. transform theto way rorosslyn works and will protect that investment. viewers will nonot remember it, but borthe orgetown bid, there we not even enough trashans. it is azing to see w whahas been done in all parts of the city.. >> we have professionanal sff in
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the georgetown bid. 10 people e come to wo every day,y, try to thk of how we e cn place..better greathings happepen. we are excited about the future for georgeto. we are the cupcake capital o of the credit. we are the macaroooon capital. singapopore, came from and all she wanted too wago to georgetownn and buy some cucupces. i shed her there were many places to do that. thank you th for joining us. television.n.tional get an emotional advantage over your competion. >> you know lots of factors can
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help you sceed in the work voice e or t c suite, the one of our regulars says there is one factor in particular that can seapart a go leader from a great leader, and that is emotional intelligigence. acact with more tips on how to t ahead, wkplace expert mary abbajay of careerstone groupup. good to see you. when they started being discussed a whwhile ago with eq versus iq, i realize i neededed some work on my eqeq. why is it important? technical skills are onlyly going to take y so far. the real difference between good and great,t, e especially in leadersh, is all due to emotional intelligence. "harvard business review" has fod this. winston has from this. a is what makes a great as leader. >> and washington, i t think we
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are a town full of people with high iq and a lot of people who need to work on eq. i am not saying anythingng. you say at length there are four basic segments toook at when you are trying to break down how to improve your eq. forost, and self-a-awareness. secondly, managent. third, sociaial awareness. fourth, relationship management. >> let us talk about self-awareness first. >> eq is really about our abilitity to manage our emotion, in a way that is constructive and productive >> rather than impulsive. >> correctct. >> this is my first lesson.. >> this is part of the problem. self-awareness, you really need to know what is going on inside of you. are you being hijacked by your emotions or using themell? you need to know what your triggers are. the aware of what is going on at
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any me. are you u angry? upset? what is going on? >> i am great on that front. i get the fact t that i am very self awaref the fact that i am way too otional and d impulsive. secondly, self-management -- that is where a lot of us really fail you -- going on wiwith youu know you are impatient. how do you mane that? pele with high otional inintelligence are able to manag their emotions and behaviors. choicere able to take tion when you are angry at arbucks because it is taking too l long and start yelling at the person in front of you, which i have done -- >> you have not. >> i have. we all he to self manage. make c choiceses in your interactions. >> you say the third prong off this is, do not t just be self-aware.
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be aware of others. have social awareness. >> we are notot walking along as ouourselves. social awareness is about being aware of w what is happening for other people. lolook at the q. what are their needs and wants? there are other people in the world. have some e empathy. iswe have a chart if anyone having trouble following. i will pull l the chart up and show you. ththe third one,e, awareness of others. it all rkspart -- together -- is relationship management. >> can you build positive working relationships with your colleagues and peers based on what you know about yourself and them? can you be the kind of person that draws people to you, or are you pushing them away? managing relationships and encounters and engagements requires a lot of emotional intelligence. >> unftunately, you cannot pick and choose who you u want o be in relationships with in thte work wise. you have to y to get along with everyone on the playground.
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>> play well with others. i can give you so many examples of leaders who have been majorly emotionally intelligent and not that smart, but ththey do well. > i hate to immediately follw that, because he is smart about a lot of this, but i think one ofof the reasons george bush bet al gore was his eq. it's along well with others. wegore -- behind-ththe-scenes, saw his eq, but on camera, he's in staff. >> a p perfect example. great emotional intelligence, and look how far it took him. at work, you have to manage conflict, relationshships with competing agendas, have difficulult number stations. you have to inspire people to follllow you. abbajay, we could give you a whole hour on this. i give for joining us. when we come back, we tell you how to stay touch.
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>> we hope you remembered to spriring forward today, even if there is still snow that has not fully melted. whyou are fixing the dvr, we want to tell you abo upcoming guests. we will be covering the d.c. mayoral re, but we wi also bealking about thehe circus and hotourit into a billion-dollarusiness. and we will be going behind the
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scene th someone who has brought some goodies to washington and someone who managed to take a business that almost went broke and turn it baback into a huge success. as always, we enjoyed you joining us, and we hope to hear as always, we enjoyed you joini was going to thee to hear library to do my homework. it took a lot of juggling to keep it all together. for some low-income families, having broadband internet is a faraway dream. so we created internet essentials, america's largest low-cost internet adoption program. having the internet at home memeans she has to go no further th the kitchen table
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forensic evidencand use it for investigative purposes. >> this week on "government matters,." >> conducting military training. >> the department of defense uses it for nearly everything it does. now it is preparing to share someme specter with the private specter. >> the capabilitto recover forensic evidencnce and use itir investigive purposes. >> and oice conduct cyber training to prosecute terrorism. we will hear from their direct to >> as you move
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