actually, the trade across the atlantic between europe and america is far, far larger than the trade between the united states and asia. it's a third of all global trade. >> what kind of money are we talking about? >> we're talking a trillion dollars a year, i think is the trade. it's a third of all global trade crossing the atlantic. these are things that should not be slowed down. ford motor company makes cars on both sides of the atlantic. >> you're talking about a third of the trade volume in the world. >> all global trade. >> you're talking about that being divided between the united states and europe. >> it comes out of this country to europe and what comes out of europe back to this country. >> what is the state of play right now? >> the state of play is promising and frustrating. the promising part is the years are kind of small balled to timid thinking on both sides. they're drowning in debt. if they don't get -- this is one of the ways to have easy growth. it's the people at the very top. >> what's the political window? >> the people at the very top, if they can stay on the

today britain commemorated the 70th anniversary of the world war ii battle in the atlantic. >> a royal visitor to one of the convoy escorts. prince philip himself here to open an exhibition that will tell the story of those who lived through the longest navels campaign. >> what you see is a dramatic incident in the battle of the atlantic. >> it is a story of mountainous seas and a constant threat to vessels and crews. britain needed 1 million tons of fuel, food, and armaments to fight, but hitler's you boats were waiting. -- u-boats were waiting. they claimed another victim. >> suddenly into a up completely and disappeared. it disappeared completely. got to the state of mind where this is war. news of the daily losses was carried down the corridors of this huge bunker hidden beneath the streets of liverpool. churchill said the u-boat threat was the one thing that really frightened him, and with good reason. in this room, winston churchill and his senior commanders could monitor the convoy as they made the dangerous journey from the united states. 5000 allied merchant ships were sunk wi

we are psyched isn't -- we are socked in with clouds in the mid-atlantic. they are expecting airport delays in philadelphia and boston. if you have friends coming into a pc for the weekend possibly here as well. wind delays at o'hare airport in chicago. fog in houston. lots of travel problems because of the weather. around here, clouds and temperatures in the '60s. holiday forecast when i see you again. here's amanda weir traffic. >> thank you. busy later today probably. we just picked up a crash on 370. this is a shot from newschopper 7. you can see the standing water on the road. that's probably due to the overnight storms. there's a crash reported on 370 coming into 270, so that is westbound in gaithersburg. 270 picking up volume from frederick ports clarksburg and into the beltway. not bad otherwise. new hampshire ave still has a crash at adelphi road on the right side northbound. the bay bridge is running smoothly in both directions. but it will get busy later today. back to you. >> thank you. technology breathes new life into an old thing. >> social me

than saudi arabia is mao and the go to nation for cheap manufacturing that's according to what the atlantic and many of the media across america now is there that remember as george bush said we're addicted to oil so this is the oil crack babies. well you know it's not it really it reaffirms certain stereotypes to call ben bernanke in a debt crack baby i think we need to call him a debt cracker. he's more of a debt cracker. to put this into context he lives in a ghetto called the federal reserve bank he's a cracker cracker number one and he slings debt in the ghetto that is wall street where everyone like jamie diamond he lines up each ops up as thousand dollar bills into one long line and he just started. as jamie diamond on his way to work every morning snorting thousand dollar bills gifted him from crackhead cracker number one ben bernanke so what we have the war on drugs we have the war on terror and part of the war on terror of course is the war for oil as well james howard kunstler is pointing out about this this magical thinking about oil that america is now. believes that they are t

than saudi arabia is now and the go to nation for cheap manufacturing that's according to what the atlantic and many of the media across america now is there that remember as george bush said we're addicted to oil so this is the oil crack babies. but you know it's not it really it reaffirms certain stereotypes to call ben bernanke in debt crack baby i think we need to call him a debt cracker. he's more of a debt cracker. to put this into context he lives in a ghetto called the federal reserve bank he's a cracker cracker number one and he slings debt in the ghetto that is wall street where everyone like jamie diamond he lines up each op's up as thousand dollar bills into one long line and he just starts it. as jamie diamond on his way to work every morning snorting thousand dollar bills gifted him from crackhead cracker number one ben bernanke so we have the war on drugs we have the war on terror and part of the war on terror of course is the war for oil as well james howard kunstler is pointing out about this this magical thinking about oil that america is now. believes that they are this s

than saudi arabia is now and the go to nation for cheap manufacturing that's according to what the atlantic and many of the media across america now is there that remember as george bush said we're addicted to oil so this is the oil crack babies. well you know it's not it really reaffirms certain stereotypes to call ben bernanke in debt crack baby i think we need to call him a debt cracker. he's more of a debt cracker. to put this into context he lives in a ghetto called the federal reserve bank he's a cracker cracker number one and he slings debt in the ghetto that is wall street where everyone like jamie diamond he lines up each op's up as thousand dollar bills into one long line and he just snorts it. as jamie diamond on his way to work every morning snorting thousand dollar bills gifted him from crackhead cracker number one ben bernanke so we have the war on drugs we have the war on terror and part of the war on terror of course is the war for oil as well james howard kunstler is pointing out about this this magical thinking about oil that america is now. believes that they are this sau

tens of millions of tons will be heading across the atlantic. new rules are due to maximize carbon savings and minimize the impact on natural forests. but what burning will be the biggest source of renewable electricity in the u.k., and that policy won't get done anytime soon. >> ironic, isn't it? try to fix one problem and potentially creating a whole new one. let's go to a story where wood is being used in a different way. timber is the traditional use for coffins, but funerals are a celebration of life in got out. the elaborate coffins are made with that in mind. one master of design is missing -- visiting britain and john went to meet him. to the his workshop theder nottingham shire, creations are a world apart in so many ways. he makes, believe it or not, coffins. each one hand-formed. whether it is a chili pepper, a bird, or for a street vendor that sold soft drinks, what else but the real thing? o created from his imagination. you can make anything? maybe a microphone. u.k.s been brought to the by a filmmaker. the ec's and not as a carpent

obviously the giant hulking atlantic ocean off to the east on the right side of your screen. but then those really big bodies of water inland. the great lakes. what if you could get from the ocean into those inland lakes on a boat? that would be a miracle, right? if you think about it, if that was true, you could ship stuff across the sea but instead of having to drop stuff off at some east coast port you could drop it like all the way into ohio. if you could just get to those great lakes from the sea. for centuries that was a pipe dream. for the u.s. and canada in terms of what that would mean for international commerce. but then in 195 4 our two countries came up with a big thinking solution. and that is called the st. lawrence seaway. together canada and the u.s. built a series of canals and dams and locks that turned the saint lawrence river in canada into essentially an on-ramp to the great lakes. it's essentially a giant highway that connects the atlantic ocean to the great lakes so you can traverse it by boat. the saint lawrence seaway revolutionized commerce in the no

expect showers and thunderstorms across much of the northeast and along the southern atlantic coast. the long memorial day weekend is fast approaching, and that means millions of americans will be headed to the highways. aaa predicts more than 31 million people will drive 50 miles or more, and they'll be paying more to fill up their cars. pump prices recently reversed a downward trend, rising 7 cents this past week to climb to a nationwide average of 3$3.66 a gallon. >>> on the "cbs moneywatch" now, fed chairman ben bernanke rattles the markets and a pay raise for america's ceos. ashley morrison is here in new york with that and more. good morning, ashley. >> good morning to you, anne-marie. well, a mixed message from the federal reserve over its aggressive stimulus program created confusion among investors. yesterday morning fed chair ben bernanke told congress it's too soon to wind down its program of buying bounds to ease long-term borrowing costs. but in the afternoon notes from the meeting revealed that some fed policy makers want to scale it back as early as june. bernanke's com

there is no justification for this mandate, particularly given the industries on other side of the atlantic. as the mandate is concerned, the defense package tried to create an internal market, as well as an industrial base for this very reason directive. it is still incomplete and really rather random. the european market is insufficiently -- it is unlikely to return to our benefit. finally, there are obstacles in the field of defense. their political terrorists and very broad indeed. so much so, i thinkit is illusory to mention the trade negotiations will be able to clear the road and benefit the european industry. i understand the inclusion of this is a bad negotiating tactic. the role of the parliament is not to get involved in negotiating tactics. the role -- the microphone cut off. >> excuse me? you have the floor. of commonsish house is in recess. [captions copyright national cable satellite corp. 2013] [captioning performed by national captioning institute] previous sessions anytime at c-span.org, where you will find video of past prime minister's questions and other british public

the ones we saw today and will that under your answer we've also got some reaction from across the atlantic brian baca from the anti war coalition he believes such violence could have been predicted i wouldn't for u.k. first embraced america's military actions or poor. this was a disgusting attack a terrible assault a murderous attack one that people are sickened by throughout the u.k. and all over the world but when we look into the broader context we have to i would say no to particular things one is there is an escalating cycle of violence that is predictable and was predicted the british along with the british meaning the british government not the people. joined george w. bush in the invasion of iraq support the war in afghanistan where principals and demanding the bombing of libya along with the united states and france and nato are arming the same rebels in syria so the british colonial past and its current legacy of intervention in war is undoubtedly a factor the other thing though that we have to think about is will this lead to the targeting of immigrant populations black populati

on friday, the atlantic council hosted a panel discussion, looking at the recent pakistan elections. it marks the first transfer of power since the country's independence in 1947. we will hear from the former pakistani investor to the u.s. and a former pakistani u.s. secretary. this is just under two hours. >> good morning, everyone. i am the director of the south asia center at the atlantic council. on behalf of my colleagues

area of activity in the atlantic that began in 1995. warmer than average seasonal temperatures across the tropical atlantic ocean and the caribbean sea. and new normal, your average temperatures in the tropical pacific ocean which tells us that el niÑo future, economic that suppresses hurricane activity is not expected to develop this hurricane season. these factors combined, produce lower wind shear, decrease wind shear, lower air pressure and a set of wind patterns that are very conducive to hurricane formation. in addition to many climate models including noaa's most sophisticated model on which meant special loans just to develop his hurricane outlook. many climate models also predict an active season. with superstorm sandy fresh in the mind and another active forecast, we encourage families and businesses in states along the coast -- gulf and atlantic state to take time now to make or refresh their hurricane preparedness plan. last year to remind you we had for landfalling storms. hurricane isaac and the gulf coast, sandy in the mid

that began in 1995, warmer than average sea surface temperatures across the tropical atlantic ocean d caribbean sea and near normal, near average sea surface temperatures in the frop -- tropical pacific ocean which tell us that el nineo, a fateure -- feature which suppresses hurricane activity in the atlantic, is not expected to be active this year. and these with lower pressure and a set be winds that are very conducive to producing the conditions for storms. many climate models also predict an active season. with the devastation of course super storm sandy fresh in our mind and an -- another active season forecast, we again encourage families and business in states along the gulf and tenant -- atlantic coast and inland from those areas to take time now to make or refresh their hurricane preparedness plans. last year, to remind you, we had four atlantic land falling storms. ber ill and debby in northern florida. the damage from every one of these storms reached well beyond the coastline as we often see strong winds, torrential rains, flooding and tornadoes can threaten areas far fro

by the 1930s atlantic city's street names had been immortalized on the monopoly board. >> i accept yournation. [ cheers and applause ] >> reporter: and in 1964 atlantic city played host to the democratic national convention. but by the 1970s changing vacation tastes had left atlantic city behind. hence, the move to legalize casinos in hopes of rebooting atlantic city as a kind of las vegas east. by 1988, a dozen casinos had opened. the number of visitors had skyrocketed from 700,000 to 33 million in just ten years. unluckily enough for atlantic city other east coast cities and states jumped abore the casino bandwagon taking gamblers away. last year atlantic city casinos suffered their 7th straight year of declining revenues. made worse by a week of closures forced by super storm sandy. still in the sign of yet another atlantic city comeback, the miss america pageant is coming home from fall after an eight-year flirtation with las vegas. just don't expect to see the diving horses any time soon. the plan to bring them back was scrapped last year. >> come on over here. come around here. >>

and i was like, this is bad. >> that night the atlantic ocean and jamaica bay met. every car, home and business on the rockaway peninsula was under several feet of water. neither scott nor tim were able to get to the store when scott received an ominous text from a friend. >> it just said, i just passed your are store. i'm sorry. >> so when the storm hit and things were being washed out to sea, you, in essence, were seeing your life savings go out there as well? >> absolutely. >> absolutely. when i came into the store, i just couldn't believe what i saw. everything in here was wrecked. everything was -- had water damage. the appliances and the equipment was thrown around the store. it looked like it was ransacked. it was that whole investment, all that time, money, all that energy in an instant was just gone. >> while scott and tim filled out paperwork and searched for a way to reopen, the news went from bad to worse. their insurance wouldn't cover flood damage, and the spa's promise for a speedy disaster loan dragged on. so you had a struggling business that then wa

>> in a sense, the pacific is cooling and the atlantic is warming. e activity. that's the first thing. the second thing is the overall pattern in the atmosphere which favors the type of situation where you have very warm water near the eastern seaboard. the -- where the atlantic becomes the warm ocean and it sets up certain patterns during the summer season. we saw them in the 1950s, where the east coast becomes a target relative to averages. that doesn't mean we can't hit other places. it means relative to he normals -- this is something we have been talking about for several years. gets frustrating when i hear about irene and sandy, bus this is what is supposed to be happening. >> joe, very importantly you talk about the warm atlantic water could cause storms. another concern is warm gulf water which could cause whoppers of hurricanes in that very sensitive refinery area along the texas-louisiana coast. is it setting up the same way for them? >> the gulf is actually cooler than normal right now and more favorable -- -- more favorable for the east co

initial forecast for the 2013 atlantic coast hurricane season. rich edson in washington with the details. >> the government expecting active to highly active hurricane season in the atlantic ocean. 13 to 20 named storms is the production. 326 expected to be major hurricanes. that would be pretty much on the high end of what we got last year, 19 named storms. one of the busiest on record in the atlantic including super storm sandy that hit in november. colorado state: 18 named storms. 16 names, a bit above average saying basically in a cycle right now that is conducive to a highly active hurricane season, that could reverse itself in the next few years, although it is hard to pinpoint when this could happen. a logistics firm, do business forecasting post retailers to figure out how they can best prepare for storms there already urging to get ready for the atlantic hurricane season starting on june 1. you have to keep your eye on one area, the gulf of mexico. some 4000 oil and gas rigs in that area, and during the summer driving season that is certa

all over the caribbean and up and down the atlantic coasts of north and south america, these strikingly beautiful fish are despised. they are the world's worst marine alien invasion. mark takes us down to see the fish that don't belong here. hixon: look here over here to the right. you can start seeing the number of lionfish that live on this reef. safina: i see them here immediately. hixon: one is here. there's a couple under that ridge. now one's coming out; there's another one going down. further back i see two more. they're in every little nook and cranny. none of these fish were here five years, ten years ago. now they're everywhere. safina: the dark patches you can see through the clear blue bahamas waters are all coral reefs. across the caribbean, from florida to south america, they add up to thousands of square miles, and lionfish are in every patch. lionfish are native to the pacific and indian oceans, but here they're causing havoc on the reefs, as we'll see. and they're only the latest in a succession of assaults that caribbean reefs have had to deal with. at first sight, the

of delta think that, that it's been the number one brand crossing the atlantic? >> of. >> it's a survey of passengers s that ranks the. >> rose: people have been saying the quality of travel on virgin aantic from the east coasf america to europe is the best. the best, correct, correct. so -- >> but what made them say that is what i'm asking? >> i think it's a combination of the product on board, the service by the people, and the brand promise and the delivery of the brand promise by the virgin people. it's pretty remarkable that you could be that small an airline if that big a market and operate with 40, fritsch airplanes and be the number one rated prand in the market. >> rose: speaking of oil, which is a big factor in your cost, in your cost structure, did you buy a refinery? >> we did. we bought the trainer refinery from conocophillips just south of philadelphia on the delaware river. >> rose: will that provide all the gasoline you need for all the planes you have? >> it won't because we buy-- delta buys $12 billion of jet fuel a year. >> rose: and what will t

is the side of the syrian rebels russia has been particularly concerned with the calls across the atlantic to arm the syrian rebels to provide them with military training and even possibly intervene into the conflict by force also russia was equally concerned with statements in the western countries that bashar assad must step down at the same time the western world has never been saying that it's the syrian people that have to choose their new government to have to choose their new future now hardly anyone expected after all of these. a meeting between the u.s. state secretary john kerry and the russian president and the russian foreign minister in moscow would produce something positive never the less international conference which is to be called by the end of this month was the direct result of the meeting in moscow that a conference is expected to have both the members of the syrian opposition and the syrian government at the same negotiation table at the same time a press conference between the russian foreign minister lavrov and john kerry took an interesting twist when a reporter a

very warm temperatures in the atlantic ocean. of a longer term cycle that we have seen. there are patterns associated with the el nino or la nina pattern in the pacific, which will lend itself to a decrease in wind shear in the upper levels, which will allow these storms to grow to more intense levels than what we saw last year, for example. so given all the factors coming together, we are predicting that we're looking at the potential for a large number of storms in the atlantic area. >> now, dr., the u.s. and european methods, they differ for forecasting a hurricane. during hurricane sandy last october, the model from the european center, that predicted eight days before landfall that the large storm would hit the east coast, while the u.s. super computer model showed sandy drifting out to sea. is it the model here or is it the equipment that's being pumped into the model. the equipment that's being used to gather the information? >> well, it's -- we're working off the same information, in making these predictions. people, the

. >>> hillary clinton was back on center stage last night being honored by the atlantic council. ter deuced by former secretary of state, henry kissinger. kissinger said what everyone in the room was thinking about, hillary could end up going from foggy bottom to the oval office, if she wants. >> when i became secretary of state, i spent a lot of time thinking about my illustrious predecessors and not primarily the ones who went on to become president. >> kissinger has become quite a mentor of hers. what's in store for hillary clinton? joining me now is the "washington post" ruth marcus, long-time clinton watcher, along with the rest of us. >> expected to keep watching. >> keep watching. she was really in great sort of great voice and comfortable. receiving the award from the atlantic council last night and kissinger is so fond of her and vice-versa. it's very interesting kblings. >> you know better than i do, she did a very good job, not chatting up, that's too loose. consulting. >> consulting, yes, the former secretaries of state and everybody likes to be consulted. >> that is i

. >> these republicans in congress that think the world ends at the atlantic ocean border and pacific ocean border. the bloggers and the people that are sort of compiling the best of the day. i do a lot of looking at those people as well. not only does senator rubio just care about rich people, but somehow he thinks raising the minimum wage is a bad idea for the middle class. but we do care about them right? >> broadcasting across the nation on your radio and on current tv this is the bill press show. it is wednesday the 29th of may in 2013. my name is rich masters sitting in for bill press. it has been forever, peter. i've been -- i never sat in the big chair, i don't think. i'm very excited to be here >> it's a been a while. this is a full on b team -- >> [laughter] >> i don't mean to say that because of you. >> i'm the c team. >> we love you. but i'm not used to running the board. i haven't run the board in a while. you know, i mean. >> expect some hiccups this morning, folks. >> yeah. i haven't run the board. and he came in smelling like a tavern. who knows what's going to be happ

. >> these republicans in congress that think the world ends at the atlantic ocean border and pacific ocean border. the bloggers and the people that are sort of compiling the best of the day. i do a lot of looking at those people as well. not only does senator rubio just care about rich people, but somehow he thinks raising the minimum wage is a bad idea for the middle class. but we do care about them right? [ music ] >> this is "the bill press show." >> it's 26 minutes after the hour. kate nosarra will be here with us in the next segment for the next half hour. right now, we are talking again about jonathan carl making a little bit of news yesterday. sort of pseudo tried to weasel out and apologize but not really. on the show. he made a statement about his reporting. they were wanting to make the department look back on benjamin? is it turns out all he was reading republican -- republican-doctored e-mails. by the way, what are republicans up to? >> criminal what they are doing. >> it's also kind of classic going a little too far. >> bill: yeah. >> when you think you see a scandal. qu

the bigger story that front is off to the atlantic. we have the low that will be plaguing us t bill keep news the clouds and the chance for scattered showers. this is what it looks like. and it will bump in throughout the day. dry and it is going to continue as the high pressure builds in. as we look at the temperatures, cooler. you can see that coming in from canada. and it is not going to budge that much throughout the day. others, 62 and 63. 61 in pilesville. look at the humidity. we have -- you need to give yourself time and head out and about. and not picking up on a lot. as you go throughout the day. and the next several days, it will be stellar, temperatures will bump up as well. as we look for the temperatures today. and sunday and the pick of the litter. >>> well, right now we're dealing with fog so reduced visibility can be a problem as well as construction on 895. and it is at the spur. look out for that. the jfx nice and clear. and everything will remain in great shape. 95 at route 43. no delays actually heading downtown. we

we noticed the cool pacific water toward south of hawaii. very warm atlantic waters. t could bring in tropical storm grease-- grace. what's interesting, the different patterns that are evolving are the ti close to -- pretty close to 2002. right now there are indications we could see a hyperactive season over the atlantic. it would bring if these long track00. so there's a lot of things starting to come together for this 2013 season that we're beginning to watch unfold. we'll have to give it a couple more weeks, but there is one forecast company that has come out with the hurricane forecast. it's doctor gray and his team at the university of colorado. they're predicting a hyperactive season with as many as 1 storms, nine of which becoming hurricanes. we'll have more at abc2news.com. >>> coming up, a dangerous stretch of road known as deadman's turn didn't cause a leave but it did cause this awful crash. >> and sometimes hiccups come at the worst time, leak trying to deliver the forecast. we'll introduce you to the hick, hick, hiccupping weather man. >>> a fight breaks o

now he is working at the atlantic council. we thought it would be critical to take a look at the economic challenges facing pakistan and to get a seasoned person like him on board. part, aust say, on my lot has been said about the elections. a lot of the conventional wisdom that this was a watershed election, that it will change ,verything, in my personal view it is very important, historic election. the turnout was of historic proportions, approaching the turnout of the 1970 elections, which was the last so-called free and fair and competitive election in pakistan. the end result of that election was not very good for pakistan. it lost half of the country. this time, things are different. there is perhaps an opportunity to build on this. some interesting things come to light immediately. will ben the center clearly and control of the same party. a longs not happened in time. it offers a great opportunity to work together. an engine of economic growth for pakistan. the other is that the pakistan people's party folded very badly

willage in london and in boston the incidents happened within a month of each other as it sort of the atlantic is. the similarities while the primary similarities of course the underlying message it seems that both. the message that he scribbled on a boat as well as the machete killer it seems that the main message is if you're going to assault muslims abroad. then you should be prepared to be prepared for a retribution in your own home country and that of course in the case of john hartson i was there was the united states and the machete killer obviously attacked in london so basically they're saying that they're making up for the lives that were lost during the wars in iraq and afghanistan and other places in the east but it appears that they were a loon individually they were pulled over the terror network and yet their message is very similar absolutely and it looks like we're looking at something new phenomenon in the so-called open-source jihad there's a website out there it's actually periodical online magazine which provides all sorts of recipes for disaster literally for example how

japanese and brazilian researchers say they found a city that may have existed at the bottom of the atlanticresearchers surveyed the plato off of the coast of brazil. they collaborated with brazilian geologist taking a submersible to the bottom of the ocean. they said they spotted a cliff made of granite. they also found large volumes of quartz. they say it recalls the legend of atlantis. he is said to have discovered the lost civilization in the same part of the world. >>> few areas in japan are having severe weather. robert speta has the details. >> we're seeing this rough weather across central japan. we see in the satellite picture here, the storms start to blue up there the afternoon hours here. the storms blow through, and you saw a car overturn and a few buildings blown down early in the afternoon. a very isolated storm but it does cause some damage. the rest of japan seeing these winds today. up to 80 kilometer per hour winds. and sunnier skies as well. don't expect much rainfall across japan. so really it's going to be warmup, sunny skies currently here in south earn china, not so m

. >> and off into the atlantic. high pressure will start to do that. we'll see sunshine. is ocean city. and that's what they are seeing. as i day wears on. i'll have the forecast. coming into the 60s. we are not cold but we will be cool as we go into the afternoon. going into motion. not a lot to see here. move along. we are going to be dealing with the temperatures at 64. and if i have a tee time have the jacket. you heard me talk about the temperatures at 70. cooler and sunshine. and in the 60s. this is what we have on memorial day. 75 with increasing clouds. let's check traffic now with lauren. >> and we're following a house fire. i checked in with the police department and and fox run and saw mill. no word on when it will reopen. and we'll bring you the latest. and all the way to each fayette. despite construction. here is a look at 70. nothing to get in the way. >> and that's traffic. ♪[music] ♪ >> wow! >> i don't care if this is your taste. you would think were you listening to eddie van halen. and this is what you would see. and. >> and it has more than 2 million v