i don't think that anybody turns around and says, that means i would much rather be close to china or russiaso by the standards of great powers, there is something different about american power. we have decided historically to set up the way we use american power to try to build these coalitions, to try to build these alliances from a to and onefree trade, irony is we spent a long time thinking about the rise of china and india. ofs a very different kind power. there are some exceptions. sometimes we use our power in more unilateral ways. we certainly know rivalry. the question is whether we know constraint. leading from behind, but when that phrase was put out, he was roundly criticized and not just i fox news. we know rivalry, but do we have to learn restraint these days? >> i think that's an important part of the equation. we put sanctions on russia. you already saw today china, india, brazil, south africa. they weren't supported russia, but they were worried about those sanctions. they're worried about the united states using financial sanctions against a non-western power because they

no more than exporting american luxury vehicles to countries like china or russia where they are worth. in this operation that tens of millions of dollars doing nothing more. >> and they say that this is legal? >> yes. >> one of them has a direct financial incentive one-way when the other says it's not. john: we tried to ask them and they would not talk to us about this. >> just. john: i love the clip that was posted by eapen thampy very clumsily defending it. >> are so many limitations on it. and it's revealing. >> absolutely. the police chief is talking about these pennies from heaven. what is really talking about is money that is supposed to go to to and education fund. the because he gets the as forfeiture dollars coming gets to spend it however he wants. this is a scam to the citizens of missouri. the on coming up, even the people who teach your kids to play the piano have inspired the wrath of government bullies. why is our? why is our? is coming up next. thit's not the "limit yoursh hard earned cash back" card . it's not the "confused by rotating categories" card. it's the no-ca

to do with the ability to gain intelligence information on international level, whether it's china or russiarrorists or whatever. that's not on table now and we're focused now on changing the bulk collection. that's a big deal to remove bulk collection and phone companies who have all of the information now. we'll basically -- the fbi will go with an administrative warrant to give me the number we're concerned about our terrorists calling from yemen and right after that the courts will then make a decision on whether or not they pass the test called reasonable arctic uable suspicion. hopefully in the next couple weeks or months. >> as i understand it, the telephone companies will only hold records for 18 months but the intelligence community is now acknowledged that 18 months is long enough, that the same amount of time they are now holding the material and the government will not be storing bulk data for five years. what about the senate? i know you and the white house are working together. you have bipartisan support in the house and think you're going to reach agreement with the white hou

does do is just takes it off the kill switch of the internet and i cannot handle a country like china or russiaouldn't like america being able to switch their internet at the push of a button. >> but the internet, it's sort of like the early days had a lot of prefixes with phone numbers. and i think that is what is happening with the internet. >> yes, absolutely. they're bringing out new taxes to allow them to get short or more meaningful things. neil: so are these only a dull places to go or not. >> no, you could own a flower shop in new york and get a florist address. the one that could really upset the balance. >> no, i think that that is what we are trying to do is not mislead people. the one in your case, what am i getting or not. >> the difference with the sizes that we virus can and we insert technology that allows people who want to avoid the content. neil: are there any existing site that now dear to your suffix? >> sure, we have 200,000 names so yes, absolutely. neil: how do you get your money than? >> well, it's like inground registration fee they pay every year. neil: do you worry t

it's like if they dropped me off in china or russia.on't know what i'm going to do. >> ivan diaz has been in o-yard for the last two weeks since his arrest for giving wrongful information to a police officer who he says approached him and asked for identification. >> and i just -- i didn't have any. so i just told him the truth. i don't have any. and i was nervous at the time so i gave him a wrong name because i didn't want to -- i was just nervous. but then i ended up telling the officer my real name and everything, and i got arrested for that. giving the officer wrongful information. i was going to get arrested anyway, you know what, officer? i screwed up. i'm from mexico, this is me, and i've been -- he was a really nice guy, he just read me my rights and took me to jail. >> diaz has been in the system since he was age 3 and now has two children who are american citizens. >> my aunt says my youngest, the 6-year-old, was saying where was i at. she was going to hang pictures all over the block to make people find me or something. my wi

he's not saying he's giving it to china or russia. they're saying they're going to come together and find out other options on who can control the internet as a global entity. not just one country, but a lot of the free world coming together to try to control it. but one point that he makes that the president is trying to transform america, that's true. >> he is. >> you're right. >> for the worst. >> so that the have notes can finally have. >> the obama administration -- you heard this in the sound bite with james rosen -- the obama administration is making the argument, we should give up control because it's dangerous to have any one government have control, but we trust any other government than our own? >> absolutely not. gregg, again, this is about freedom of speech. our country is based on freedom of principles. think about saudi arabia or japan, chinese, where they could be infringing upon words that could be used over the internet, on domain names and internet names such as religion, such as catholics, such as sex, for crying o

. >> that stake holder is russia or china and russia and china don't fully let all of their citizens enjoy the internet. isn't that an issue? >> if that's what the commerce department agrees to. but that's not what is happening here. it's based in los angeles, california, icann is and the commerce department is going to okay whatever that movement is. most people who want internet freedom who i have worked with believe this is a really important step to secure the internet and keep it a free entity in countries like russia and china and the places that we have been talking about. it is not a step to turn it over and retreat. >> that is self government and when you have it out of the hands of the u.s. you will have the influence of government. let's say it's only a phone book and let's say it decides part-time will be now written out of the phone book and have no addresses and israel is kicked off the internet. isn't that something we want to prevent and why would you change the system in which they would not happen. >> this is bottom up technology now it is in the hands of be everybo

china sustained in the vote was seep as a subtle show of support. now russia being sanctioned by the west could mean increased dependence or relationship between russia and china. this will be good for the chinese economy in the long run. what is working is it's not taking a stand, keeping it friendly with the russians and the europeans. >> thank you, margo ortag es in beijing. >> all the eightest news on the situation including the g7 meetingment you can find that at al jazeera, at live.al jazeera.com >> syria is accusing turkey of blatant aggression. it's challenging the blame that it was violating turkish air space. it ignored four warnings to turn back. the prime minister says the strike should serve as a warning against further incursions. >> the battle for the vital strategic crossing between kazaa now involves the turkish military, as syrian rebels cheered, the remains of a fighter jet burns in the mountains. it was shot down by f-16s after turkey said the syria jet crossed into its air space. at a political rally, part of the lead-up to elections on march 30th, the turkish prime minister was in fighting form. a syrian plane violated the air s

but we're out now, saying it's the world's now and iran or russia or china couldn't control it even ifhey wanted to this president might think so but the last democratic president doesn't think so. bill clinton is very worried and so is former cia guy mike baker. mike, what do you think of this and the rationale behind it, no individual country can control it or run it anyway, nor should there the. so we're baking away recognizing that. >> yeah. this is an apologetic stance we're taking because of the snowden leak and the white house's perceived embarrassment over the snowden leaks. i don't find myself wholeheartedly agreeing with former president clinton very often but agree 100% when he says this idea to transfer the control of the internet architecture over to some sort of multi national body? i consider that, as he said, bad any way you look at it. >> i also wonder when we're hitching rides into space when we used to dominate space, we seem to give up the very things we pioneered. now, it's yeezy to be parochial and rah-rah, and america, and you could argue some good guys are tryin

do not get a test with china, japan, or russia. atch the many other things out there, steve this is like you wrote this. a china obsession in the united states just has to stop. we are too focused on china as the marginal buyer of paper. >> i don't know about that. we are a saving short economy. toneed external funding provide finance for our budget deficits and our shortfall in personal savings. the chinese have been the biggest marginal buyer. they are going to start absorbing the savings. >> have you seen that yet? or is that a prediction? what if they are a current account surplus, the biggest measure of their external savings. >> do you predict they will go to deficit? >> at some point in the next three years to five years it could shrink further. who is going to fund us if we cannot rely on the chinese? >> this talks about the japanese going into deficit in the second quarter. >> the last time that we saw japanese increase in taxes, it killed their equity. >> i cannot even frame a double deficit issue. cannot even get there. >

we're a long way from that with china or russia. >> it is now official, hertz is spinning off its equipment rental business. the financial times reported yesterday about the separation that would happen, talked about it on the program. that business will be split off into a separate publicly traded company. hertz reported fourth quarter earnings of 26% pure share. revenue fell as does its earnings forecast for 2014. but as we mentioned yesterday, i just remember that article. there's a famous article in business week during the buyout boom and everyone thought in this company was going to be left for dead with all the debt that's on top of it. it's been one of those great success stories in lbl land. rising price res putting it squeeze on consumers and companies dealing with the wall street economy. forecasts estimating that retail prices may be rising as much as 3.5% this year. the biggest annual increase in three years as a drought in parts of the u.s. and other producing regions drives up many prices. the bureau of labor statistics will release its latest monthly report on consumer price

who is a bigger threat, china or russia as it affects our economy? >> china long term.tuff going on in china. the production index 48 which means the economy is slowing. you basically have a wobbly real estate market. the third plenum outcome was to go after the state-owned enterprise. corporate debt 213% of gdp growing 56% in the last five years. you had the first bond default. all of which says that they've got some tumultuous times ahead and they're not going to be growing to 7.2%, although they'll tell the world they are. when the growth slows, it's going to cause internal turmoil. there's some effects in this market, too, as one of our big trading partners. >> do you think it's causing turmoil internally? >> i think it's beginning to. they'll get through it. they have big reserves. they'll have tougher days. in terms of russia, right now they have the west in a very precarious position in the sense that germany, the closest significant power has 40 billion euros of trade with russia back and forth. so does the rest of western europe of lesser amounts. they don't wa

cyberattacks more than iranian nuclear weapons, north korea and nuclear weapons, the rise of china, russia or climate change. what this means is the spheres of coalesced into a booming industry. one of the fastest growing bureaucracies where they were talking about the national level, the state level or the local level is constantly seen growth in the cybersecurity bureaucracies. they also mean for all the hope and promise of the digital age we also have to admit we are living through an air of what i would call cyber insecurity. it's at this point of the talk i try to do something conference today that maybe it will help us make that point. the challenge kindly introduced before of how do you write on the seemingly technical topic and make it accessible and interesting? you also do the same when you're giving a speech. what kinds of visuals can you do when you're talking about the space of zeros and ones of software so what i have done is put together what i believe is a fundamental collection that helps make the point. it's my choices for the best and worst examples of cyberwar art. so it's

when we pretend that american exceptionalism applies to countries like china, india, or russia, too large get in trouble. this is the difference between my and fareed's worldview on this issue. bremmer of eurasia group. with the tragedy of malaysia airlines, we dip into the finances of the air carrier. financials.rlines's good morning, it is "bloomberg surveillance." ♪ >> good morning, everyone. "bloomberg surveillance," i am tom keene. our guest host -- ian bremmer of eurasia group and michael fertik with reputation.com. smart discussion being had this morning. let's go to a smart set of top headlines with adam johnson. >> the search area for the missing malaysia airlines jet has shifted to the northeast after radar data shows the plane was traveling faster than estimated and traveled a short distance than previously thought. the new areas closer to land, allowing planes to spend more time searching for the aircraft. a milestone for obama care, more than 6 million people signed up for health plans under the affordable care act, meeting the .stimate from the cbo the program has seen a sur

cyberattacks more than iranian nuclear weapons, north korea and nuclear weapons, the rise of china, russia or climate change. what this means is the spheres of coalesced into a booming industry. one of the fastest growing bureaucracies where they were talking about the national level, the state level or the local level is constantly seen growth in the cybersecurity bureaucracies. they also mean for all the hope and promise of the digital age we also have to admit we are living through an air of what i would call cyber insecurity. it's at this point of the talk i try to do something conference today that maybe it will help us make that point. the challenge kindly introduced before of how do you write on the seemingly technical topic and make it accessible and interesting? you also do the same when you're giving a speech. what kinds of visuals can you do when you're talking about the space of zeros and ones of software so what i have done is put together what i believe is a fundamental collection that helps make the point. it's my choices for the best and worst examples of cyberwar art. so it's

let's say china has some more bad data today, then tomorrow around 2:00 to 3:00, i think is when you start buying bristol-myers, which is my stock that is not really affected by either russia orna. you wouldn't put it all on, obviously, because if something really bad happens over the weekend, you get another chance to buy it on monday, but that's the way i would trade it. for those of you wanting to know what i would have done back at my old hedge fund. there's always a bull market somewhere and i try to find it right here on "mad money." i'm jim cramer and i'll see you tomorrow! >>> hello. you're watching "worldwide exchange." i'm ross westgate. >> and i'm susan lee. >> intensifies global investors and sink into the red as china default fears continue to rappel. >>> russian accents are heavily under pressure. ukraine's prime minister tells cnbc exclusively the outcome of the vote is a foregone conclusion. >> i can't believe the referendum is already preordered and we can easily predict the outcome.

according to canadian broadcaster cbc and blackberry blocked the sale after saying an investment by china or russiat thing they needed. >> the canadians are very protective and there aren't many large companies that are headquartered there that they want to lose that. the canadian government very pro-canadian business. whether it be rejection of the accords or protective of their companies. we could learn a lot from the canadian government how they treat businesses. >> walt mossburg will be on to talk about the new htc, in terms of the phone business as we get closer and closer to an iphone 6 in the fall or whatever, it's going to get even more cutthroat. >> yes. but the hand held is behind a lot of these rallies. this is all device related if you got -- if you're on the cell phone it's working, if you're on the desktop, it's not. >> meantime, i don't know if you saw morgan stanley yesterday had a list of 44 companies that they think will get at least one tender offer in the next 12 months. on the list jcpenney, american eagle, hain, jbill, i think brocade and celgene and wendy's. >> i read the lis

sell more oil or sell more renew ins or whatever it is we selling europe, europe would not deputy on russia. neil: that makes he think that russia holds cards but chinanot protesting or making, a peep about this, that telling me something new. >> the same thing, china has i think half a trillion dollars worth of agreements with russia about raw materials,. neil: their business is firing on all cylinders snr you is, are you in the camp that when it comes to china, it slows down to double digit growth to 4 or 5, if you get used it china growing as that base, and it is then not, is that a concern? this ex could exif dismisse -- executive dismissed it. >> no, if china slowed say in 7 years. the 5% is going to come off of a much larger base. they are not going to continue to grow at 7 1/2%. neil: does that worry you? >> what worries me well china, compared to u.s., where they are putting money right now is a energy infrastructure, here is a data . i hope is wrong, china will build 160 million miles of high transmission wiring over next 2 or 3 year, u.s. maybe 17 million, we don't are an energy policy, if fracking goes kaput, i think it will will, we are o

words the president uttered many listen to this closely. >> those countries that are large like russia or china, we have the kind of relationship with them we're not getting into conflicts of that sort at least over the last several decades, there's been a recognition that neither country benefits from that kind of great power conflict. the kind of national security threat we're going to confront, their terror threats, they're failed states, the proliferation of deadly weapons. >> it looks like vladimir, when you listen to those words, vladimir didn't get the memo on this, and it seems to me when you add that together with man causing disasters. overseas contingency operation. is the president missing the lessen of human history that evil exists both on a micro level? human beings, inhumanity to fellow human beings or mass murderers from hitler to stalin on down? >> it seems like there's a missing chip here, he doesn't seem there's a missing piece. >> there's a confidence question. it takes, for example, the fact that we have 125 status of forces agreement throughout the world. it doesn't take

i guess we figure if it is as if russia, china or iran will try to fill the void, right? wrong. i don't know how we ended up here, but i don't like what is going on here. the company that ruled the world wide web entangled itself in eight at so massive. but this isn't stuff, this is our soul. that is why the russians don't take us seriously. think about it, would you? that is what happens when the world sees he paid $61 million for a seat, they keep kicking you in the. i apologize for my language. others i apologize after the fact. it is just sad. what do you think? >> this is a truly pivotal cliff moment for us. i think we are truly this close to losing everything america has been and america is. i would do anything to find a way to wake up the american people before it is too late because i believe we are right there. neil: we're so used to hitching rides we figure the space shuttle thing ended, we had a good run, there is a new champ in town, several new champs exploring space. ireland going to the moon, we hadur fill, what do you know? >> these little indignities add up, nei

its democratic allies face many foreign policy challenges that come from rising or certain powers including china and russia are here's a question why was the foreign policy initiatives official twitter account. predicting that a former rta was about to resign on air minutes before she actually did. there's that we did right there. you can read for yourself. no one at the mission pres care to answer the question. someone who might know is that this guy. jeanette kerr check just so happens to work at the foreign policy initiative and just like the initiative is obsessed with russia particularly this network part two. he also secured the first interview with the former rta or just an hour after she resides. check out his bio over at the daily beast word he writes notice he's done. there were reporting on anything else other than rt recently. even stop by the rt offices here in washington dc last week to say hello to everyone. so the lotion. kerr j crew's criticize art is a state funded media outlet previously worked at state funded media outlets like to read your free europe radio liberty which receives its f

and now i guess to what hitler did this was a hidden history that didn't get much time or attention. china, russia >> guest: he's trying to bring out the dangers of the trends before people learn that the cost so i think he would have been frustrated to think that we have these evolutions about the period in china and it is only later that we found out or that we find out from the papers released in the 1990s that the extent of the espionage much of which hoover had figured out before so i suspect they were feeling a little out of sorts and to say why do you americans take so long to reach the conclusions that should have been playing had you been studying your history early-onset he's trying to be a historian and a teacher in this book. >> host: and this is not about ideology it's that the facts are there but we never got them. so we have a blast question what is your advice to young scholars who might follow you where you might teach. what should they look at? >> guest: they shouldn't pay too much attention to all of the historiography that's developed. i like to quote a certain phrase who used

let's say china has some more bad data today, then tomorrow around 2:00 to 3:00, i think is when you start buying bristol-myers, which is my stock that is not really affected by either russia orut it all on, obviously, because if something really bad happens over the weekend, you get another chance to buy it on monday, but that's the way i would trade it. for those of you wanting to know what i would have done back at my old hedge fund. there's always a bull market somewhere and i try to find it right here on "mad money." i'm jim cramer and i'll see you tomorrow! tomorrow! >>> russia moves troops closer to ukraine. china's economy crushes and ours is nots so hot either. meanwhile, congress' paul ryan talks about fighting poverty. and the leftist police finally called him a racist. well,is he's going to join us le toin explain his remarks and te us about his plan to help the poor and tell us how to get america moving again. kathleen sebelius admits obamacare will raise health insurance plans next year and she alsond says there will be n delay beyond the

scale of-scale then it will face a keshl -- considerable measure of isolation, but russia may enjoy the support of china, or china may block moves. and the most important thing to remember is that in the last resort, russia, and that means not just the putin administration, but a great many ordinary russians regard -- can defending the russian minority against what they see as a neofascist coup d'etat. in the last resort that means that russia will fight and the western will not fight. under the rhetoric that's already been made clear, we will not send troops, so if russia is prepared to live with that measure of international isolation and possibly some economic sanctions, then it still has a very strong card. >> do you think a full invasion of the ukraine is actually possible, or will putin and russia basically annex crimea. >> they want to remain a measure of the influence of ukraine as a whole, at least to keep it a neutral, and have some say of the speaker in kiev. they would only take crimea as a last resort. the big question is what happens in eastern ukraine. that depends on both sides. you have loc

engine assembly spec ukraine and its ongoing conflict with russia or the crimea. china abstained from the virus has the one hundred and ninety three national assembly voted to approve an old binding resolution resolution affirms that ukraine's territorial integrity. cctv is the cop a report from un headquarters in new york. those in favor of the prison tuesday slashed six the slush know that in mind. these signified the push ups in the international community has signaled its support of ukraine. its condemnation of russia. according to his vehicle to get in favor of one hundred. again it's eleven abstentions fifty eight. you crave the stucco was this was the latest effort to place a late rush of falling crane is splits with ukraine over the last months. mr witnessed the most flagrant relations off international goal since the inception of the night the masons. russia thus a local resolution to quit confrontational and celtic are adopted. since crime is referendum but had already taken place. reason well and everyone to respect that voluntary choice it is as fresh as fre

passing our leadership role to the world because there's no way russia or china or iran will take advantagewer vacuum, right? incredible, and demeaning. but look at the bright side. we locked in the space rates for the next three years. back last april, apparently, nasa signed a new agreement with russia covering six flights through 2017 at the cost of $70.7 million. the price is fixed, no matter who is president, fixed. what true bargainers we are. for the six hours it will take swanson and his russian colleague colleagues. you can't check if i pronounced it right so don't try. you're talking about $11.6 million an hour, or about what we pay in interest on our debt in about an hour. such a deal. that's showing them. vlad, just one question. does that include drinks or oxygen? >> hello, everyone. i'm eric bolling along with andrea tantaros, bob beckel, dana perino, and greg gutfield. it's 5:00 in new york city. this is "the five." >>> there are breaking news on the malaysian airlines story. a prominent member of congress doesn't believe that the plane definitely crashed into the indian ocea

forget china or new soviet-style russia.ays there will be only one super power in this world right now and that's the united states. he's our own ron insana and he joins me now to explain why. ron, it's good to see you. >> you as well. >> make your case. >> it's an economic super power. i think we're already the lone military super power in large part, but i think when you look at what's been happening in the country over the last several years with the energy revolution, with manufacturing returning to the united states, and while that's not showing up in statistical data in terms of jobs, the plant and equipment are being built because of the energy competitiveness that the u.s. is enjoying, a more competitive labor force, and the like, and we're also seeing technological innovation happen at such a rapid pace that new businesses and industries are being created extraordinarily quickly, and i think when you look out three, five, and ten years, there really is no other country or group of countries that's doing what we're d

is all the drama over russia, china behind us or not? and the v.i.x. was down a lot. >> there's fear going into the weekend. people knew it was going to happen here. but in a way, i think equity investors kind of repositioned a little bit. they took some profits. last week, we saw some momentum names get hit hard. winn and tesla. and they battled healthily today. the price action is not that surprising. the s&p 500 today, up 90 bips or something. made back half of last week's loss. i don't think this is one of the things, pound the tables we're going to new highs right away. >> the other thing is yellen, the fed meeting. and "the wall street journal" had an interesting piece saying the last time yellen spoke, the markets went up. >> no one is going to get in front with sell pressure. no one is going to get in front of what is to be expected. i'm right on dan's page here. we thought the market would bounce back today. thought it was going to be a relief rally. does that mean you get long now? absolutely not. you sell into this. >> how about you? >> i do

spooked on next story in the race to attract foreign investors from countries such as russia or ukraine and even china cyprus is now offering of residency. you can possible in return for large scale investment. all the old testament. eighteen down to san simeon had written down to the cave. today science some of the toys he clipped but some us states his wealth and sales. the russians in charge of collecting the tree comes complete with a private swimming pool and golf course the price tag. a cool one point one million euro as the customers mainly russian and chinese admits this beyond the sea and some showing own fortunes it wrong what a great incentives laid on by the state government i will just is. he invested three hundred thousand when cooked inside this visit was invented to this permanent residency. being two months it says barry. the scheme has proved to be especially with investors from china wanting to read it from alston nicosia signs in chinese and russian. to the chase of three hundred thousand years or more. it was on his head a precedent in cyprus. making investments over by the hoff m

pushing russia into the arms of china, if you will, at least a day or arm in arm. that would be a formidable alliance, would it not? >> we also have to remember that russia has options independent of china. they can bring pressure to bear in the baltics and all of these places, right now our basic problem is that russia has a lot of pressure points to bring on the united states and it has not really positioned itself to be able to block them. so if we actually frighten the russians, their actions they would take that would make them very uncomfortable. lou: it's good to be here and good to talk to you. on wall street, stocks today finished lower, the dow jones down 26 points and the s&p lost nine. crude oil of the, selling low $100 per barrel. gold fell $25. the 10 year falling 2.73%. apple reportedly in early talks with comcast about a streaming tv service. shares of both companies moving higher stay with us, we're coming right back. >> one week to go before another major obamacare deadline. james toronto on obamacare's impact on the balance of power. peace of mind

cyberattacks more than iranian nuclear weapons, north korean nuclear weapons, the rise of china, authoritarian russia or climate change. what this means is these fears that coalesced into a booming industry, one of the fastest-growing industries in the private sector, across the world and also on the government side, one of the fastest growing bureaucracies whether talking about the national level, state level global level constantly seeing growth in cybersecurity bureaucracy is so they also mean for all the hope and promise of the digital age we also are living through an era of what i would call cyber end security. at this point i tried to do something counterintuitive that maybe will help us make that point. i would like to challenge what i introduce before, how do you write on a seemingly technical topic and make it accessible and interesting? the same when giving a speech. what kind of visuals can you do when talking about a space of zeros and 1s, software. i have put together what i believe is a fun little collection that helps make a point. it is my choices for the best and worst examples of cybe

russia is now a new reality. that was our teeth marina or china. on capitol hill today congress overwhelmingly backed legislation in the house and senate that would aid ukraine and impose more sanctions on russia. a single bill is expected to be on president obama's desk by the end of the week. but florida congressman alan grayson contrast and that he didn't seem to xi'an of foreign affairs committee hearing at the us should keep these crimea is now a part of prussia take a look. speaking about naked aggression where to begin at stealing crimea why are we speaking about bullying for the new soviet union were thought to read what dishes paragraph in what's believed to be one or two. i'm surprised the judge pope didn't tell us you said that i incurred has descended over sabbatical. the fact is that the chairman's recognize this is not some new cold war that occurred in fact it's quite the contrary we should be pleased to see cleans the city when a bridge with blood would transfer power to establish his self determination for a two million people somew

think you see cases from time to time where the cyberthieves are extradited from eastern europe or russia or chinaomewhere else. host: are there high-profile ones that viewers might know if you mention them? guest: i think the f.t.c. has broad 51 enforcement actions. i can't name one off the top of my head, but certainly i think the fact that we're seeing this explosion in data theft and data breach points to the fact that the thiber thieves -- the cyberthieves really don't believe there's a large possibility that they are going to be prosecuted. you know, high-profile ones in the t.j. maxx came, them eventually found the hackers who did that, but it takes months and years. you talk to people in the enforcement industry, they talk about the intense amount of work, the dozens, if not hundreds of staff they have to devote just to tracking down a few cybercrooks. sergio garcia i don't think the deter he wants that are out there are keeping cybercrooks from engaging in fraud. i think we need to look at raising the penalties. host: well, i think the caller was asking about specifically what are some of

to do business, and at the same time, american trade with russia is substantially smaller than you think. if this happened in germany or china, it would be more important economically. the big thing is that russia itself comes unhinged economically and economic growth slows down, because it's so tied to the countries around it, you don't want a regional economic slow down. >> and that's one of the concerns, there's interest about the economic sanctions and how they might play a part in bringing an end to the christs, but there's some resistance in europe and why would that be on the economic front? >> you have to think of russia as a net importer of natural resources, and we have natural gas, but it's domestically produced the and we didn't see a rise in gas prices but europe did, they saw a 10% spike. 10% of it comes from russia and goes through ukraine. europe has been trying to supply it's natural gas but hasn't gotten that far. russia supplies the natural gas to europe. and when you look at factories, natural gas is not just for heating but it generates electricity that these factories use. so if there was a sustained ri

one country really in focus and it is not russia or the ukraine, it is china.of downgrades for 2014 gdp by whole host of banks. america lower their estimate from seven point six to 7.2%.- from 7.6% there is significant exposure to emerging markets, copper as well from a july 10 low. no data out of china for another week. thet certainly has been topic of the week, hasn't jon? it has been left unknown who's going to be taking over at nokia. they are disposing of the phones unit. , surprise, it is the ceo of the network who is taking over. he's been at the helm of the network area since 2009. stock is coming in at one percent higher. of thejust because numbers, but because of their ambitions. they are more into mobile. the big mobile player in france, the second-biggest in the whole country. altice today put out numbers. it is over will -- it is the overall owner of numericable. it did make some rather bullish comments about the firepower it has because they came to market and the shoulder -- and they sold shares. ofy have availability capital. they're really tryi

in a field of cyber security someone today doesn't have to be a state actor it does not to be russia china or any other country just non-state actors bright young people can get on the internet and be able to bring down some of these very complicated systems that enter great us on a global scale so it's a much different type of threat that we faced during the cold war years which were very dangerous because they were all existential so we don't have the intensity of the cold war but we have a diversity of threats that we've never had to really cope with in the past the present all kinds of different and more difficult challenges former secretary of state congolese arises worried about us withdrawing from afghanistan and you. i am as a matter of fact while i had questions about whether we should have been in iraq i did not support pulling everybody out and we see what's happened since we pulled out i think five thousand people were killed last year alone and or maybe as far as this year i'm not sure exactly but thousands of people have died through terrorist activities if we pull all of our tr