market china india and brazil and also there's a big o. thing i like to tease going on the big children including the printing on champney's ink badges to train the answer came off going on around the trade these are likely to try to beat the mud still spending bills like the one all modern presidential election would like me. tonight. right here on television if you'd like to thank them say benefit from a presidential election which is about three a week and these people these politicians love to the right to each other across the page. it's not a different story to europe of course the time to talk up the advertisement dot com so when it played the thought hey i like the tweet painting it down this season and that would be a live shot and leave but it comes up like i said this is set to lay down to twenty two hours but the internet to look up twenty percent of will be just that day. but that's all we have for this hour but remember you can always find more stories just log onto our websites r t dot com slash business thanks for watching.

market page china india and brazil and also there's a big oh thing i like to tease going on the big chill of the pleading the cramming and champions think back to train at the end came on sky and brown madrid these are likely to try to beat the mud still spending bills like the one all modern presidential election would like me. on a night. right here on television like this. thank them same benefit from a presidential election which is about three eight pete and these people these politicians love to the right money each other across the page and why it's not a different story for a year with one time to talk enough then advertisement not to be caught oh manipulate the thought say i like the three writing it down this season and then when i'm not out of a only show and leave time when it comes to online advertising this is that night down to twenty per hour but the internet to look out twenty percent of the media that day. let's have a look at the markets now exchange rates first the euro as flat against the dollar . and best as i keeping an eye on the greek debt talks they would enable

first industrial complex be a good american some to jail but you can't get a job you can't go to china and india to get a job the wealthy can move their money to china and india my money moves around the world a lot easier than i can believe me when i go to cross the border they stick something up my strange fangs saying oh are you really afraid of jamie's because if you're not we're going to come project your strength training or your friends or jamie you're all out of this country well obama promised that if she sent him her husband's resume he would go looking for a job for her but he's going to have to go to china of course because despite obama's hangout hope us some a conductor jobs are still going away so the national science foundation reports that domestic high tech manufacturing jobs have declined by twenty eight percent since two thousand some six hundred eighty seven thousand jobs even r. and d. research and development is increasingly being performed overseas by large multinationals three speed report so yes if you can build something for the web it may be easy to score a job at fac

this was largely the two countries you mentioned, china and india. where they have electrified their countries. they brought electricity service to literally hundreds of millions of people. in recent years. who have never had electricity before. and a lot of that electricity was coal-fired electricity. at the same time, china, in particular, has been wrestling with growing pollution in its cities from these coal-fired power plants. and as a result, china is eagerly looking for alternatives. they are looking at renewables. and they are looking at natural gas. but like in any country, a lot of the decisions that are taken in china on power are taken on economic basis, and coal has been a cheap competitor. and has -- and that is why it has grown so rapidly. whether or not that will continue in the future is another question, especially now that china has aggressively decided to markedly expand their use of natural gas. but i do think th, and our projections show, that coal has a bright future as well. >> thank you, mr. chairman. >> senator shaheen. >> t

over time we know rising oil demand from china, india and other emerging economies will reduce spare capacity and stress global oil supplies. the keystone pipeline is one of the best means at our disposal to overcome difficulties later. it sends a signal to overseas enemies that we are not serious about ending united states energy dependence. pricing today incorporates expectations of future supply. we must not leave any doubt that this country will break its oil dependence on stableime and tha requires the united states governmentsu drilling. it requires stronger supply relationships with reliable allies like canada and it requires innovation to do more with less fuel. while bolstering energy security, thepipene would create 120,000 new jobs for americans with no cost to american my judgment should reverse course and i would encourage secretary clinton to recommend to the president that in our national security interest to immediately approve the pipeline. in closing i would like to express my appreciation for the dedicated men and women serving in roles within the state department

china, india, japan. and they general share our strategic goals, that's very important. >> rose: strategic goals being we do not quantity them to have a nuclear capability. >> that's right. >> rose: they share the goldman but do they share the means to get there. it has to do with sanctions, oil embargoes. >> we're seeing that many of our partners around the world are taking very seriously the need to move away from dependence on iranian suppliers of oil. and are looking for -- >> rose: they are prepared to take some of the burden. >> there are a number of things in the oil market that should be seen as positive. libyan oil supplies are coming back on-line quicker than many people anticipated. other producers have indicated willingness to step up and provide additional supply. but you know, at the end of the day obviously gas prices are very important hitting the pocketbook of american consumers so we're going to have to stay engaged on this issue. and we're going to keep up the kai logs witdialogues with

what progress can you tell us with reference to the countries like china, india and turkey? >> with respect to china and turkey and india, we had very intense and very blunt conversations with each of those countries. i think that there a number of steps that we are pointing out to them that we believe they can and should make. i also can tell you that in a number of cases, both on their government side and on their business side, they are taking actions that go further and deeper than perhaps their public statements might lead you to believe. we are going to continue to keep an absolute foot on the pedal in terms of accelerated aggressive outreach to them. they are looking for ways to make up the lost revenues. the lost crude oil. that's a difficulty for not just the ones you mentioned. we had to put together a team to think through ways of doing that. >> i appreciate that. the stronger and more uniform the message is, the less challenges we have in having countries to try to join us in common cause towards something in their mutual national interest and not just about the u

essentially european and american sanctions you know so there's no legal you know an issue and for india or china to so-called break the american sanctions what the united states is pressuring these countries on is if they continue to do trades with iran the united states you understand for its trades would say india oh it's trade with china the issue is the united states is not currently in a position to punish china so this is a lot of smoke in the water you know that is being put out that the chinese. these are playing this very close to their chest they have been meeting they knew as they've been discussing things with the turks to see if they can create so good exemptions to the american sanctions so one should not come to this question of sanctions believing that the united states here is the biggest dog at the table.

are very terrified because forty five percent of you know onion oil is bored by china india and turkey the chinese and indians have already promised the iranians to circumvent the dollar and do before you write me an oil using either gold or a third party. currency perhaps the repeat or perhaps the yuan currently india uses turkish banks you know to do exchange with iran there's a lot of pressure on the turkish banks to not allow india to do these trades there's a lot of pressure on these countries are economically the riyadh the main currency in iran has lost its value by seventy percent you know it's a very dramatic thing for dairy people conditions of life and i'm not good on the question of the nuclear debate between the inspectors and the iranian government if one looks broadly at questions of inspection there is only is in normal confronted asian between. any foreign in investigators and a sovereign country that is not something spectacular one should not make too much of of the fact that they are having a dispute and we should mention to their they're planning to retu

he's really a china basher and india basher also. are you worried that mitt romney who has already been tough on china might lead us into major hostilities regarding trade and the currency? >> well, i'm not a china basher, and i don't think that america should be china bashers because that's not going to change anything. if you want your currency to slope more, which they are gradually doing, the wrong way to do it is to scream and yell at them in public. that simply doesn't work with the chinese. so i hope mr. romney would understand that. >> are you at all worried regarding the private equity business? are you worried that with mitt romney running, president obama is going to go what newt gingrich did with newt's bain capital bashing and raise that to the tenth power, might end up hurting a very valuable industry to private equity business. does that concern you at all? >> well, it concerns me mainly because i don't think that the way to help the 99% improve is to try to tear down the 1%. we need to build a more growing economy and

but the terms of flights so a declaration has been signed by twenty nine nations including russia china india brazil and the united states today which gives carte blanche to all the nations which have signed is that gratian to take any countermeasures that they deem necessary in order to protect their national interests and the corporate interests of their ally over all we have heard from i mean okola deputy transport minister that this financial burden will all in all be very heavy for airlines involved and this is what he had to say about this recently business. the aviation business has extremely low profit margins here carry a c. profit one and a half to two percent in a good year that's why any additional financial pressure hits the stability of the companies is cause loading will not help industry improvements. on those passengers will be the ones to pay the burden there is a lack of dialogue between the two sides and neither the e.u. nor the nations opposing the move want to back down and put that boy in for companies to pay for quotas for two thousand and twelve is june two thousand a

to do that pretty aggressively and overseas they've got a lot of competition too from brazil and china india you know these are these are nations where they have a platform there that they're going to start leveraging their platform to tension we to users away from facebook facebook tori's problems trying to get into china at all so you're going to have a lot of people who more choice going forward haven't had a lot of competition yet with those days are ahead of them and now they're going to see you know we have to see how they're going to react to that it's interesting you point that out in russia facebook is not particularly popular it's here but there's a russian version that many people are very attracted to jail if we could if we can look at the emerging markets one of the interesting things is and we advertising dollars is a big part of the future of any company like facebook in emerging markets people do not necessarily are attracted to the to the ads because they're there they're spending ability is much more limited than let's say in north america or the english speaking world i me

there's not a lot of room for growth all the growth is coming from developing nations now russia india china but the problem with that is that they're not able to convert into the same degree of revenues from the advertisements it's in tory's for not driving as much advertisement spending of retirement dollars and so a lot of the growth may be behind facebook and going forward it might have a little bit of trouble getting to the next level ok jane look who's going to buy this stock i mean you can see institutional investors i mean pensions i mean individuals who do you think it's most attractive to it because you know institutions are are not really represented on facebook i mean people are ok is that the people that are on facebook to be interested in the stock do you think. this is some of them with over eight hundred million users it doesn't take a very big percentage of them to be interested but the reality is institutional investors if they are going to buy buy a lot more shares an individual might buy one hundred two hundred even five hundred shares but an institution might be buying a