u.s. energy department to discuss rare earth minerals. these are the first japan-u.s. working-level talks on the diversification of such resources. >>> china says it will allow some of its companies to make direct overseas investments in yuan. the chinese government apparently aims to promote the internationalization of its currency. the people's bank of china made the announcement on thursday night. according to the central bank, the new rules will take effect from this month. china began lifting its ban on the use of yuan overseas in 2009, when it allowed some companies to settle trade accounts in the currency. the new decision will allow chinese firms to buy companies, acquire stocks, and expand businesses abroad in yuan. china has continued to intervene in money markets to sell yuan and buy dollars in order to increase exports while cushing the yuan's exchange rate. critics say the interventions have triggered inflation and a steep rise in real estate prices. >>> u.s. federal reserve chairman ben bernanke says the country's economy will likely grow 3% to 4% in the

u.s. energy department now this is led to predictions that well may reach peaks not seen since two thousand and eight western blend is currently trading at just over ninety dollars a barrel to get a better understanding of the trade we're now joined by chilling geary and head of markets. kerry thanks so much for being with us how long do you expect the current rally to the last and what's your price target. or certainly a part of our we're looking for a new trading range for w t i at least a level shift up from last year in the loose eighty to ninety nine oh this is being tested right now but we see a number of fundamental obstacles before all prices could rally the way they did in two thousand and eight. all right now what kind of oil prices are you expecting at the end of the year. where we're looking to average closer to ninety five dollars again we have to get over some obstacles as i was saying earlier we're looking at relatively elevated inventories in the o.e.c.d. countries we're looking at opec that has fair production capacity of six million barrels per day and of course we're look

u.s. energy department this is led to predictions that well may reach peaks not seen since two thousand and eight west texas blend was trading ninety one dollars a barrel pretty much all session on friday harry chilling derian from b.m.p. perry barr says there are fundamental obstacles to a prolonged oil rally but we're looking for a new trading range for w.t.r. at least a level shift up from last year in a loose eighty to ninety year ian i know this is being tested right now but we see a number of fundamental obstacles before prices could really do we did in two thousand and eight right now what kind of oil prices are you expecting at the end of the year. well we're looking to average closer to ninety five dollars again we have to get over some obstacles as i was saying earlier we're looking at relatively elevated inventories in the o.e.c.d. countries we're looking at opec that has fair production capacity of six million barrels per day and of course we're looking at supply that's relatively decent heading into two thousand and eleven we'll see a lot of production coming out of russia colo

energy. >> u.s. department of agriculture wants these in other cafeterias in the u.s.. many school districts have changed their school lunches there is still room for improvement. this meal contains prot yeenz but no whole grain. usda is recommending fwhoj a meal and would limit the amount of starch like fries to only one serving per week. this would apply to the snacks sold in vending machines. patty smith is the director at lincoln elementary saying at this age kids can change their habits. and the and they need more vegetables and fruits. >> according to u.s. centers for disease control, nearly seven people said of children and adolescents are obese. president obama yeentsly signed the bill helping schools pay for healthier foods. and this. >> that is a move in the right direction but it's not where we need to be. and right now, we're spending more than received in reimburse manies. >> school districts have to dig into their general funds to makeup the difference. >> and there is lowest sodium requirement will take longer, about 10 years because manufacturers have to

energy research center agreement last year along with u.s. commerce secretary barry locke. this is in the great hall of the people. at the department of energy in the past year we release what we call a funding opportunity announcement. it's a legal american term offering funding for consortium to implement the u.s. and china clean energy research program. we received 25 different applications and rigorous process selected west virginia university to run a cool consortium to in the vehicle consortium and the lab to run the building consortium. you can see these are very much group efforts with u.s. companies, research institutions, very deeply involved. over the course of the past several months to groups of been working with chinese counterparts to come up with work plans which are going to be signed in just a few moments in this building. we've also made a lot of progress on the u.s.-china electronic vehicle initiative and that is in no small measure due to the leadership and vision of minister juan sitting here who is an expert on these topics along with the vision and leadership secretary chu. along the work we've done at the a

energy research center agreement last year along with u.s. commerce secretary barry locke. this is in the great hall of the people. at the department of energy in the past year we release what we call a funding opportunity announcement. it's a legal american term offering funding for consortium to implement the u.s. and china clean energy research program. we received 25 different applications and rigorous process selected west virginia university to run a cool consortium to in the vehicle consortium and the lab to run the building consortium. you can see these are very much group efforts with u.s. companies, research institutions, very deeply involved. over the course of the past several months to groups of been working with chinese counterparts to come up with work plans which are going to be signed in just a few moments in this building. we've also made a lot of progress on the u.s.-china electronic vehicle initiative and that is in no small measure due to the leadership and vision of minister juan sitting here who is an expert on these topics along with the vision and leadership secretary chu. along the work we've done at the a

energy excitement. from the u.s. department of education's ready to learn grant, and... - ok, so here are your 5 words. wicked. if someone is wicked, they are not good at all. they're actually really mean and bad,

energy excitement. from the u.s. department of education's ready to learn grant, and... - ok. your 5 words all start with "un," which means not. they are... when you're unsure about something, it means you're not totally sure.

energy excitement. from the u.s. department of education's ready to learn grant, and... - ok.our 5 words all start with "un," which means not. they are...

u.s. state special envoy for european for eurasian rather energy why is this issue of your asian energy so important for the state department that they have a special envoy to deal with these matters and you've been with it for food for for some time now wife had experience really in all aspects of it because i did work in the caspian area in the ninety's i worked with russia earlier than that with respect to various programs that we've had in russia after the breakup of the soviet union and then i was ambassador to the european union so i have a combination of experiences which made it. a good i think a pretty good fit for this position. but. our interest as we have several interests one the relationship that the united states and europe have is obviously very close our economies are fully interdependent. there are millions of european jobs that are with american companies millions of american jobs that are with european companies. that a an energy secure europe and a strong europe economically is in our interest just as an energy secure united states is in this in europe's interest for the same reason. a lot of the work t

energy excitement. announcer: find your voice and share it. american greetings-- proud sponsor of "the electric company." from the u.s. department of education's ready to learn grant, and... - come on, deek. here you go, man. [video game dinosaur roars] there you go, deek.

energy excitement. announcer: find your voice and share it. american greetings-- proud sponsor of "the electric company." from the u.s. department of education's ready to learn grant, and... - all right. so here are your 5 words. a relative is someone in your family. an ancestor is a relative from a long time ago.

u.s. has been a historic leader, it has also had a major component coming from the government that government laboratories, the nih, a variety of researchers funded through the national science foundation, through arpa, and the energy departmenthave always been basic building blocks that can be commercialized and turned into massive commercial success for u.s. companies. many of those benefits have saved our lives. they've lit our houses, done a bunch of wonderful things for our standard of living as well as employed our people. we shouldn't forget that. the first thing to me, it feels like it's cut in a crisis are investment. because we have a bias to the president. we have no money. we can't afford that. let's deal with ten years from now when it comes. right now we have to consolidate. that's an impulse that we have to push back. we have to be about a growth strategy. if we are growing, there's virtually nothing we can't do. whether it's fiscal consolidation, whether it's innovation, whether it's making the investments that we need, motivating them to get higher education and engineering. if we are growing, people are loving it. if you are in the 1990s, and millions of jobs and people are getting rich in silicon valley, ev

energy physics, disease control and prevention, environmental protection agency's cooperating on air pollution monitoring, modeling control strategies and cooperation involving universities the ministry of science and technology, the u.s. departmentof energy on cleaning vehicles, kunkel technology and energy modeling and that cooperation on clean energy in particular has been expanding rapidly as it should. that will be discussed in more detail i know by assistant secretary david sandalow and other speakers but i want to say in closing that the obama administration strongly supports the extension and expansion of these important cooperative efforts between the united states and china. thank you very much. [applause] >> we have one minute or two minutes for questions. a question of all the speakers. [speaking in chinese] >> translator: we are very honored to invite the vice chair of the committee, the minister wan gang to give a speech. other than the fact he is the leader of scientific matters in the country, that he personally is so very involved and experts in terms of the new type of vehicles. so welcome him. [applause] >> [speaking in chinese] >> translator: thank you, professor, honorable chairman, honorable mr. deutch, dr.