where you do not need quite as much funding as ever, but some of the people who today are seen as barron's- barons started off with a pretty defined journalistic crusade in their mind, and most of the time in their own minds, it was progressive. i think that the dollars are more available than ever for people with an agenda, but the ability to spot the quality voices is a little bit harder now that they are so numerous. >> there will always be a

where you do not need quite as much funding as ever, but some of the people who today are seen as barron's -- barons started off with a pretty defined journalistic crusade in their mind, and most of the time in their own minds, it was progressive. i think that the dollars are more available than ever for people with an agenda, but the ability to spot the quality voices is a little bit harder now that they are so numerous. >> there will always be a market for investigative journalism. i do not know that it is the type of financial journalism that was referred to before, but i think that there will always be people willing to also spend the time to listen to that type of reporting or even to read it online. there is no doubt that investigative journalism will continue to flourish. simply as a longer format journalism. yes, i think that that makes a lot of sense in terms of what the audience wants, and it is probably what is also defined as for aggressive journalism. i think we should probably define our terms. what does that really mean? how is bloomberg doing progress of journalism? we may

the key to the tama is a geologist who first arrived in barron's board in the early eighty's the collapse of the soviet union and made him trade geology for business but the recent afternoon state funding allowed him to come back to his beard in the peter bergen is a key to all the arctic graphically it's a place where the global weather is being formed. it's a unique ground for science and money and such an oil gas and other minerals it's a place we simply can't afford to lose. and his country seems to agree at some point arts the gatherings work spitzbergen archipelago. is very place where russia's past is being restored there is more on our website our team dot com. a series of miracles a map made of tools and jam still is refurbished by the outhouse seven hundred craftsmen managed to restore the last of the u.s.s.r. . and existing you know legal limbo of the british male living behind bars for five years after being imprisoned without charge suffering from his own country's extradition all. part of brings us up to date here on our t.v. time now for the business news with us davis. hel

ago instead of throwing it away the local administration decided to paint the venue and put it at barron's work central square communism had long stopped being a lifetime goal but is rapidly becoming the means of livelihood the rusty soviet heritage has suddenly become a hot tourist destination for older generation of western tourists and while the tour guides are too young to have any memories of the cold war they're more than happy to cash in on this theory of types of a bygone era we have some problems with. here so tourists. this thing goes but now we have a new roof. line of. work. from. that in the nine hundred eighty s. daryn's work was a burgeoning mining community of the soviet union was determined to maintain at all costs. are located halfway between north america and western europe bergen archipelago is part of norway with a special status that allows other countries to set up industrial bases here in the . well of the cold war it served as the us is ours westernmost outpost now it's one of the soviet union slask preserved relics. and is essentially a picture of what would have

you could put on light is a geologist who first arrived in barron's work in the early eighty's the collapse of the soviet union made him trade geology for business but the recent afternoon state funding allowed him to come back is given the bergen is a key to all the arctic geographically it's a place where the global weather is being formed joe logically it's a unique crown for science and money in its mission and other minerals it's a place we simply can't afford to lose. and he's country seems to agree it's not like our art the bearings work spitzbergen archipelago. allen is for now but i'll be back where the top headlines right after the business update with us. hello and a very warm welcome to the business program the bell a russian ruble has lost forty percent of its value in one day on wednesday the country's central bank allowed the cressi to sell at market rates and a bit to ease the worsening financial crisis the currency fell to eight thousand six hundred rubles against the dollar compared with the official rate of five hundred and three five thousand three hundred it's the secon

he put tama is a geologist who first arrived in barron's work in the early eighty's the collapse of the soviet union and making trade geology for business but the recent afternoon state funding allowed him to come back in the bergen is a key to all the arctic graphically it's a place where the global weather is being. logical it's a unique ground for science and nine in its mission and other minerals. it's a place we simply can't afford to lose. and his country seems to agree at some point art the gary's book speeds durgan archipelago. coming up later i'm a new story when about six minutes from now i mean time business is next with marina stay with us she's coming up shortly. if you knew me by the sun from france to. don't come. hello and welcome to business here on ars see the world bank says the risks of the global economy are rising and some of the risks to russia's growth the slowdown in the u.s. and that crisis are all right on the conference call me their old bank has cut its g.d.p. forecast to flirt aside from four point four percent for the sea year also high oil prices and lowe

you get a baton why is a geologist who first arrived in barron's work in the early eighty's. the collapse of the soviet union i mean trade geology for business but the recent upsurge in state funding allowed him to come back given that he believes bergen is a key to all the arctic graphically it's a place where the global weather is beautiful jus logical it's a unique ground for science and money in its oil gas and other minerals it's a place we simply can't afford to lose. and he's country seems to agree a kind of wake up are the bearings work speeds durgan archipelago. never ends up here on r t and business is next with. loans a very warm welcome to the business update fears are growing that the debt crisis in europe may spill over and harm other countries lost economies like the u.s. have exposure to europe which could turn fatal head of the world bank robert zoellick says responsibility is what current policymaking is lacking it's not responsible for the eurozone to pledge fealty to a monetary union without facing up to either a fiscal union that would make monetary union

you capable tomei is a geologist who first arrived in barron's work in the early eighty's because of the soviet union making tree geology for business but the recent afternoon state funding allowed him to come back as being the. key to all the arctic geographically it's a place where the global weather is before july crown for science and money. and other minerals it's a place we simply can't afford to lose. and he's country seems to agree it's not going to artsy barings work peter bergen archipelago. brings us for nearly twenty two minutes past the hour here in moscow the business news with marina is next after a short break stay.

me people paul is a geologist who first arrived in barron's work in the early eighty's the collapse of the soviet union made him trade geology for business but the recent afternoon state funding allowed him to come back as being the. key to all the arctic graphically it's a place where the global weather is. logical the ground for science and mining. and other minerals it's a place we simply can't afford to lose. and. country seems to agree it's not artsy. gergen archipelago. although i am after has blasted bell russian president. for weak anomic policies that led to the currency crisis now gripping the country the valorous ruble has been freed.

days ago instead of throwing it away the local traitor decided to pay the bill you and put it at barron's work central where communism had long stopped being a lifetime goal but is rapidly becoming the means of livelihood rusty soviet heritage has suddenly become hard to resist a nation for older generation of western tourists and while the tour guides are too young to have any memories of the cold war they're more than happy to cash in on this to retype sort of a bygone era where you have some problems with. the use of the wrist. mubarak this. goes but now we have a new roof. line. from . back in the nineteen eighties there is work was a burgeoning mining community there the soviet union was determined to maintain it cost. to locate it halfway between north america and western europe the spitzbergen archipelago is part of normal range but a special status that allows other countries to set up industrial bases here in the mid. love the cold war it served as the use of stars westernmost outpost now it's one of the soviet union slask altham tickly preserved relics. very big is essentially a

heatedly tomei is a geologist who first arrived in barron's work in the early eighty's the collapse of the soviet union and made him trade geology for business but the recent afternoon state funding allowed him to come back he's been in the bergen is a key to all the arctic geographically it's a place where the global weather is made for joe logically it's a unique ground for science and money in its mission and other minerals it's a place we simply can't afford to lose. and his country seems to agree somewhat weaker artsy bearings work spitzbergen archipelago. ok up to twenty four minutes past the hour and i'll be back with a summary of our main news stories in about ten six minutes from now in the meantime the business update is next with marina stay with us for that. hello and welcome to the business here and i see the world bank says the risks to the global economy are rising and so are the risks to russia's growth the slowdown in the u.s. and that crisis in europe are all brain on the country's economy the world bank has cut its g.d.p. forecast to four percent from floor point fou

barron. >> scott d. bart. my father, kenneth wm. >> stephen l. joseph bates.brother jackson baxter, we love you, you will never be forgotten. >> paul james. >> w. david bower. >> mark lawrence davis. >> jasper baxter. >> lorraine bay. >> thank you for your courage, todd beamer. let's roll. >> lawrence ira beck. >> maria a. bair. it is an honor to say my brother's name. christopher edmund. his sparkling blue eyes is greatly missed and deeply loved every single day. >> my father, we love you, you are my hero. >> debbie bellows. >> paul benevento. >> eric bennett. >> oliver bennett. >> margaret simms -- bennett. >> james patrick burger. >> stephen howard berger. >> graham barkley. >> my father, my best friend. miss you, love you, your girls are doing great. give mommy a kiss for me up there. let me give a shout out to the men and women who built this memorial. and to our first responders and to our military, thank you very much. [applause] >> my brother, we love you and we miss you. >> david w. bernard. >> david m. beret. >> justice john ashbery. >> timothy bever

we could become a is a geologist who first arrived in barron's work in the early eighty's because of the soviet union and the trade geology for business but the recent afternoon state funding allowed him to come back in the bergen is a key to all the arctic geographically it's a place where the global weather is being formed to logically drown for science and mining it's rich in oil gas and other minerals it's a place we simply can't afford to lose. and he's country seems to agree i think we got our key guerin's work speeds durgan archipelago and. that's where the news that headline surely that's going to. own very well welcome to the business program fears are growing that the debt crisis in europe may spill over and harm other countries large economies like the you asked how exposure to europe which could turn fatal they had all the world bank robert zoellick says responsibility is what current policy making is lacking it's not responsible for the eurozone to pledge fealty to a monetary union without facing up to either a fiscal union that would make monetary union workable or acce

who is a big robber barron and openly for consolidating power how to monopolies he said competition is a sin and gibson has now become the leader in american make atar sixty percent of their sales are overseas they were exploding and annihilating the market share of two big democratic party donors and so it shows that more than ever the white house is basically passing out favors here's an example that came on the news two years ago and again on non partisan republicans. do things like this when they're in power as well but remember when the government took over general motors and then openly announced we don't care if you have an eighty five year. franchise of general motors if you're not a donor to us we're taking your franchise away and giving it to someone else the cylinder car dealership you just can't sell chevy that k. now so big mega business in all of history has always been about coming in and saying we're we're going to let you operate but you can't operate this is pure fascism corporate fascism and you can argue with the fact that they've had two raids and wouldn't tell the

mike santoli is associated today tore at barrons magazine. you wrote about the market retesting or relapsing, what is the difference. >> retesting is we go back to the low levels we saw in august which is a few percent below where we are right now, in terms of the dow. that often happens when investors have to see is this going to hold, are we going to have a quart quarter rally. and is there maybe a higher percentage of recession last year. or is it like in 2008 when you had a global run on the banks, obviously the european debt crisis has people reminded of the way 2008 felt when you had these weekend meetings of the officials coming out on monday, maybe they had a deal, maybe the details had to be hammered out. maybe it was big enough for the market, maybe it wasn't maybe it was fast enough for investors maybe not. jenna: we had a meeting this weekend in europe. what is the worst case scenario. >> the worst case follows along the path of 2008 which did worse even significantly which was already a budding recession. europe is very likely i

michael barron of the nfl. jets and cowboys in new jersey, and a comeback for the jets.third quarter, tony romo throws it deep in the end zone. clamarti looks like he has the interception, but he wrestles it away and gets the 36-yard touchdown. jets were down as many as 14 in the fourth quarter, but here's mark sanchez, yes, plaxico burress. a few minutes later, joe mcknight. >> let's go, joe! >> extra point, ties the game at 24. a minute to go, tony romo looking for brian. that is horrific throw. >> oh, he had to be in the stands. >> he didn't have to do much to pick that one off. the cowboys had cut him, he makes them pay. jets pull it out 27-26. >> watch out miami dolphins, 1972. willie geist, you were about to report on the performance like none other. the great thing, their rookie quarterback auburn gets drafted. had a remarkable game. you know, this is really proved something, right? practice makes perfect. cam has already played for money, so he comes to the nfl, it's not that big of a shock. he put on a great display. >> he took a pay cut to come to the nfl. >> i

. >> jim from "barrons." you mentioned excess reserves. do you think the fed will discontinue paying interest on these idle reserves? would that be a good thing or a non-event? >> this computer is locked up or i would show you a slight. -- slide, jim. the excess reserve positions of the commercial banks -- reserves that do not have to be held to back up to demand deposits, they normally run about $2 billion. as the said engaged in its activities to liquefy the system, they have risen. the fed engineered that. the law changed and they were allowed to pay interest on deposits held at the fed. by adjusting the interest they pay on the deposits versus what they charge that the borrowing window, you can encourage or discourage the holding of that type of asset. at a commercial bank. they very much encouraged the assets. they encouraged the banks to hold tse things as idle reserves. it gives the banks more liquidity. when the world is falling apart around you, liquidity is king. that's what they wanted the system to hold. at the same time, it pr