say fifty to see it through the next few years as the situation there deteriorates artie's done you bushell looks at the problems facing the next year as a state in the firing line. inspectors a royal for the seventy percent chance portugal will quit the single currency indicate the returns demanded by investors to listen to it unemployment is at record highs moody's downgraded the country's rating to junk status and its recession is getting worse g.d.p. slumped two point seven percent in the last three months of twenty eleven why businessmen outside the eurozone are frightened is fear of contagion. greece's default has already happened for investors and we should be worrying about the real elephant in the room portugal. the russian nord stream gas pipeline may not start operating at full capacity on time the dow jones agency quotes co-developer gases saying one of its branches may be delayed by a year due to disputes with several german residents they oppose construction saying it's too close to their livelihoods the route called and the l a times to pump twenty billion cubic meters of gas

as the country's leadership reveals new progress on its nuclear program but as artie's done you a bushel reports america's action could end up backfiring on its own people. this is a bid to kill iran's economy washington's move to tehran from the swift world transaction system would choke its ability to trade internationally swift interbank payments orders all the world's a business that all the world's business they used practically every company and state in the world to exchange financial info the legality of america's move is hardly question its unprecedented political interference in a network which has always said such issues should be handled on a national level what is clear is barack obama's frustration the sanctions work in iran hasn't backed down in the nuclear dispute in fact there's no one else to enrich fuel production new tensions mean more misery for u.s. consumers brant it's six months last night over one hundred nineteen dollars a barrel cutting iran to swift will again hit not just the energy price but the recovery of the world's economy. let's have a look at the oil p

we do not need to hide our light under a bushel. >> there were also strong words from u.s. defense secretary leon panetta over iran. even before arriving at the conference, he said, "we have all options on the table." there is also growing speculation israel might attack iran with or without the u.s. the german approach is very different. >> we want iran to clearly in verifiably show that it is not seeking nuclear weapons. that is why we have implemented sanctions. the sanctions are unprecedented, and the more states that participate, the quicker they will have an effect. >> participants will be debating a whole host of security issues right through the weekend, but iran remains number one. >> our chief political correspondent is in munich right now. we spoke to her earlier and asked about some of the main themes. >> one of the main themes that is emerging is the link between economics and security at the opening discussion this afternoon. speakers noted that germany, as the continent's economic powerhouse, or as one for the separate but it, as europe's main shareholder, sh

up to fifty billion to see it through the next few years as a situation that deteriorates daniel bushell looks at the problems facing the next years and states in the firing line. inspectors the royal for the seventy percent. quit the single currency indicate the returns. to it unemployment is at record highs moody's downgraded the country's rating to junk status and its recession is getting worse g.d.p. slumped two point seven percent in the last three months of twenty eleven what business of the eurozone are frightened is fear of contagion. greece's default has already happened for investors and we should be worrying about the real elephant in the room portugal. you're paying gas consumers were not going to rush in fuel with a ten percent discount the country's gas monopoly gas from says it's agreed to price cuts before cools to increase the spot price component in its contracts the concession comes in negotiations with some of the biggest customers including france's g.d.s. two as of germany this isn't is made on the mounting pressure to move away from oil linked prices gas problems l

business analyst bushell has more. up to home for some russian troops may have been damaged by the extreme cold weather say boring formas its lead germany france and poland are also risk from sustained low temperatures which if it's minus thirty three in some polls that's expected to spoil rocket prices for things like bread wheat futures have been off the ukraine russian government warns they may limits exports to guarantee the mystics supply both countries are usually big exporters of grain global wheat procedure eleven percent in the second half of january alone we will russia's top port never received because suspended loaded at its grain terminal several times after the black sea froze over for the first time in thirty years a drop from july to november last year had already weakened crops that of russia's one company says fifty percent of the country's great crop could be damaged by heavy winds and the worst weather in a quarter of a century first. show one in three great points have already been lost. let's take

just keep communities that are in the upper a bushel on, the good committees say. and contain and suppress the violence in the hot zones. once i realized that they did not do this and cops wanted to provide safety, the safer the poorest communities are, the more likely a cop will not get shot on their watch. they can go home safely if the community? them here so that became the mission. that became the mission in the early 1990's -- no, late 1990's, 2000, and then brought in came and that opened it up and we could really try -- and then bratton came in and that opened it up and we could really try these things. tavis: what kind of comparisons were they making to places like iraq? >> this is amazing. these are the conversations that left me speechless. you know it is hard to keep me speeches. -- keep me speechless. [laughter] dod told l.a. that this is why you are stuck on stupid for not reducing the problem of gangs. you use $10 billion and not reduce the number of gangs, you are doing something wrong. this guy from the dot called me and he says, hy, ma'am, i am fr

forty points his country men so young posted points less to claim silver while what played out of a bushel of canada two bronze that result cut his lead over so young to fifty points in the overall standings. in the women's events of the entire portion went to china came first as she was the only affleck to break the one hundred point mark in the final managed second place after claiming for what conflict as an arrow at previous events while showing song. over ten points adrift of the where the overall standings is still on top with one hundred points over. ok that's all the sports from me for now more into as time has not the weather is next stay with us. world. audience technology innovation all the latest developments from around russia we've got the future covered. but on the. right or for that you. know we thank you so you get to them on. if you want to have sex go and have sex. from steve. starts on t.v. dot com. the arab league debates how to bring stability back to syria as a pressure on the regime with speculation that western states could actually be propping up al-qaeda through

june that's when israel could launch an attack on iranian nuclear sites at least that's what some bushels in washington seem to think. in a rush over the moon as it unveils its space ambitions these and other stories or click away at archie dunn. campaigners for online freedom are taking to the streets of europe protesting against a new copyright treaty signed by governments across the continent but the anti-counterfeiting trade agreement or acto won't come into force unless it's ratified by the european parliament that's what activists are trying to prevent saying the new law would endanger free speech and net privacy protests and stockholm under way right now artie's tom barton is there. this is the frontline in the most modern of political battles over internet freedom these crowds have gathered uncensored in sweden the original home of the pirate parties that have sprung up all over europe and beyond here to protest against acts are being anti counterfeiting trade agreements all revolves around anti-piracy laws that are trying to be pushed through in many countries this agreement trie

weather is putting strains on supply from siberia to cornwall to tell us what's going on we sent daniel bushell out into the freezing night. what we do know is that e.u. energy commission a good guess probably did warn of potential shortages and for the last three days several states from the likes of poland to italy and austria said there have been caught no there has been increasingly cold weather in europe so that means that the morning has risen but those countries have got reserves for such a contingency the european companies have not complained yet officially which means it goes from says it's not making a statement because it's received no complaint previously gazprom says that it may preference russian consumers which is also suffering russia is also suffering from fairly cold weather at the moment ukraine and russia have accused of being behind these cuts but it is not really become clear what the real reason for these cuts is at the moment and we do expect this issue to toyed over where near the called received so more and more returns to normal. market watchers expect the darkness o

fifty billion to see it through the next few years as the situation there deteriorates artie's daniel bushell looks at the problems facing the next year as a state and the firing line. single currency indicate the returns. to it unemployment is at record highs moody's downgraded to junk status and this recession is getting worse g.d.p. slow two point seven percent in the last three months of twenty live in. the eurozone. default has already happened for investors and we should be worrying about the real elephant in the room portugal. let's take a look at the markets now currencies first the euro is trading a bit hard to both the dollar the ruble on the hopes greece will see a long awaited deal next week the rule is high against the u.s. currency supported by stronger crude let's take a look at. heading for its biggest weekly gain this year as encouraging signs from the u.s. the biggest consumer of crude is trading the. european stock markets are higher this hour investors a slightly more optimistic fresh u.s. economic data banks leave the game but the european central bank and european offici

beans jumped above $13 a bushel today for the first time in five months. the markets thinks the south american harvest will be disappointing, while global demand for beans continues growing. and that's tonight's market focus. >> susie: record help for the nation's farmers last year in the form of crop insurance. u.s. farmers received $10 billion in crop insurance payouts and with 5% of 2011 claims outstanding that number could go higher. drought in the great plains, spring flooding along the mississippi river and crop- damaging freezes in the south pushed claims higher. the last record was in 2008 when payouts topped $8.5 billion. >> tom: the forecast for technology is cloudy as in cloud computing. the movement to on-demand software and data storage continues to pick up. which brings us to tonight's word on the street: cloud. james rogers is technology editor at thestreet.com. >> nice to see you, congratulations on the new gig. >> thank you very much. >> tom: tell us how cloud computing is different, and how it's changing? >> well, you know cloud is one of

today local growers continue to supply the mart with bushels of bouquets, providing the first crucial step in a day in the life of how flowers get to you. >> people that i know, most of them don't even know that the flower market exists. and if they do, they have no idea that it goes on in the middle of the night. >> and i think that anybody that comes here and sees what goes on in the early mornings, they can see the spirit and how everybody really enjoys it. just look at all these beautiful flowers. this is the larst flower market in the world. it's got every variety possible. and if you can't find it here, it's not available or it's not in season. you're helping your dad today, huh? >> a little bit. >> yeah, that's good. don't forget to go and have a piece of cake over there. >> what's the celebration? >> anniversary, 48 yearsyeah. >> congratulations! >> i started out going to the flower market at 12 years old. i'm giving my age away, but--ha ha ha! it's been a lot of fun through the years, hasn't it? >> yeah, it sure has. we've been in this market a long time. >> a long timd. we'v

business analyst bushell has more. up to home crops may have been extreme cold weather same form as germany from poland are also from sustained low temperatures which are thirty three in some polls that's expected to prices for things like bread wheat futures have been. the ukraine government warns they may limit exports to guarantee the mystic supply both countries are usually big exporters of grain global we proceed eleven percent in the second hole for january alone we will. suspended its grain terminal several times after the black sea froze over for the first time in thirty years a drought from july to november last year had already weakened crops. one company says fifty percent of the country's great could be damaged by heavy winds and the worst weather in a cool to of a century first. show one in three great points have already been lost. let's take a look at the markets now with the exchange rates the euro is trading flat's against the dollar the shoes then after being down in early asian trading due to rating

annual bushels here next with the latest business they with our city. welcome to the business program here on all to russia's goes from has acknowledged that it temporarily reduced just supplies to european customers at the end of last week the company said it was forced to cut deliveries due to unusually high the mystic the moment for more details on job books on the boy goes provide proof is also no thanks for joining us what reason did goes pro gear for cutting supplies. well daniel just a couple of minutes ago arts in business had a chance to interview alexander i mean david if he's gas from his deputy c.e.o. all responsible for our gas exports to europe and what he told us is that indeed the company had to cut its gas supplies to europe by ten percent for just a couple of days to according to me to get it he said that it was partially due to these i'm usually called temperatures that are still holding russia and their groups and. satisfying domestic demand was the company's top priority but at the same time alexander mitigated also pointed out that

drought the country's prime things are facing a cold test once again that sees beside a less than a bushel has more for us. the hole for some russian crops may have been damaged by the extreme cold where the same film has its lead germany france and poland are also from spain low temperatures which of thirty three in some parts there is expected to skyrocket prices for things like bread week futures have been off ukraine and russian government warned they may limits exports to guarantee the mystic supply both countries are usually big exporters of grain global we proceed eleven percent in the second hole from general alone we will russia's top poured over receipts because suspended load at its grain terminal several times of the black sea froze over for the first time in thirty years a drop from july to november last year had already weakened crops. one company says fifty percent of the country's great crop could be damaged by heavy winds and the worst weather in a cool to of a century first. three great points have already been lost. but let's take a look at the markets outside of the oil

that's despite the share price currently being hauled off the list price business unless the new bushel has mall. the to be will buy these shares at the price investors paid in two thousand and seven so-called people's lives here with thirteen point six copecks it's almost double what the current share price is which is seven copecks but ima putin says the money will come from the lenders profits not from state funds although the government will remain the main shareholder but will buy up to sixteen thousand dollars worth of shares from each shareholder in total the move will cost the bank up to six hundred million dollars that's one fifth of the tepees net profit post today said such buybacks won't happen again. but we live in a special time characterized by deep and prolonged financial crisis the instruments that work for decades are failing today otherwise the germans would not be rescuing the greeks the e.c.b. would not be giving interest free loans of course such moves cannot be the every investor must understand he's responsible for the shares he bought but in russia this was one

severe drought the country's sponsons are facing a cold test and are things business are less than a bushel has more for us all to hold of some russian crops may have been damaged by the extreme cold weather say farmers it's only germany france and poland are also risk from sustained low temperatures which if it's minus thirty three in some parts that's expected to skyrocket prices for things like bread week futures have been fooling of the ukraine and russian government warns they may limits exports to guarantee the mystic supply both countries are usually big exporters of grain global we proceed eleven percent in the second half of january alone we will russia's top port never received because the suspended loading at its grain terminal several times of the black sea froze over for the first time in thirty years a drought from july to november last year has already weakened crops the head of russia's than one company says fifty percent of the country's great crop could be damaged by heavy winds and the worst weather in a quarter of a century first tests in russia sells show one in three g

what cross now to the business desk and get the latest from daniel bushell daniel what have you got up your sleeve this hour yes hello well the whole process and hurting the economy here but was last known is that today and yesterday russian firms are expected to pay some fourteen billion dollars in tax profit and mineral extraction tax into the government also helping the currencies let's have a look at the ruble real. the moment the euro is gamey gets most of the choruses that's off to germany's parliament approved greece's bailout package easing concern over european debt resolution and as we see the rubles extending previous games against the dollar now at twenty nine to the greenback is slightly low against the euro but still its best is mid twenty ten below thirty nine we spoke to the chief economist at old kriti a bank he told us how next sunday's presidential elections also help the ruble. what we're looking at is some sort of a pre-election rally in russia where investors have more confidence that stability will be insured and for that matter you know the me is the risk invest

the train on the european and the russian markets is an forswearing daniel bushell has got all the latest years various euro fresh problems and that's affecting stocks let's have a look first at how they're fearing at the moment europe which has started the day down is now edging slightly higher in morning trade simply is further downgraded greece to selective default. the fresh spanish deficit concerns are keeping investors worried the russian markets there mixed really moscow's struggling for direction today seeing contagion from continuing on certainty in asia and the u.s. this chick major movers did no rosiness higher on the back of resolving this call supply dispute with china more on that a little later and take firm citroen ics is among the main retreats reports is going to the list from the russian markets but discount retailer dixy is slightly higher as its analysis eighty eight cents in january year on year. now all futures there in the red snapping the recent surge to the threat of global economic recovery but continuing concerns over middle east supply all stemming falls in st