you remember when b.p. sold its stake and got $12.5 billion which investors appreciated and got a 20% stake which was great because it was part of the whole plan to access russia's oil wealth but the problem is rosneft has been in a problematic spot recently. the company has been restricted from accessing american capital markets. this puts b.p. not directly affected by the crisis but affected. rectly >> this is a big deal? >> yeah. it is wird of b.p.'s reserves, this 20% stake. 25% of production, 10% of profit. but as a financial investment, if you think they got this -- in b.p., just that alone is disappointing for the company because now it is already a $64 billion company of which they have 1/5 in. we heard osborne yesterday talking on your show saying we're not going sue b.p. rosneft, however, $50 billion -- >> the former investor, a significant part of the -- >> it was rosneft that ended up with -- assets. $50 billion from the russian government. tim osborne told us he could not exclude they would not

b.p. of course in the u.k., b.p. has a 20% stake in rosneft. where do you draw the line here? will you allow the technology to come from europe and the united states and go into russia and boost their production? this is where they have the gray area of the signals. the signal is we're taking this much more seriously than we have had in the last four months. >>> in some parts of the world the economy is not very delicate. it's not a one-way thing. you put sanctions on a country like russia and you'll see for yourself. >> yeah. in fact, this is a two-way street. let's tick off russia first. this is a $2 trillion economy. in fact, vladimir putin is taking it with a brave face along with sergei lavrov. we're almost too big to fail and our trade is too big to push offensively. if you go back six months ago. the central bank of russia is suggesting that growth will only be half a percent in 2014 because of the capital flight, because of this cloud hanging over investment going in to russia. conversely, the european union has a great deal of trade with russia. germany, for example,

moment along the gift that keeps on giving the b.p. oil spill scientists a penn state university have discovered two new coral reefs near the site of the b.p. oil spill and say that this is really this is worse than we thought well it's worse than we thought on a lot of a lot of levels one thing that we're saying is we're seeing the destruction of coral reefs which which are important for a lot of reasons there it's important to to the extent that we can tell what's happening to an ecosystem simply by understanding what's happening to coral reef it's kind of like the bird in the mine in scientist of use this for a long time to try to figure out what's happening to regional ecosystem well the oil from b.p. is destroying. oral reefs and it's serious to the point to where the florida is in a situation where the very northern tip of florida is at the end of the loop the loop comes up from from from the southern gulf moves up north and then moves around almost in a circle and that means that all of these toxins that we're talking about that

global oil giant b.p. has said in a statement it's not affected by the sanctions against russia the company whoever believes this could change in the future if further pressure is placed on moscow but it's not just b.p. more and more western companies are concerned about the way they do business with russia for many the country is a perfect place to use advanced drilling technology from the e.u. on the u.s. which is now impossible under the new restrictions this could hurt moscow's plans to dig into the resource laden arctic but this would also we begin to national players without access to these reserves plus some of russia's exports include. titanium will be off the shopping list companies like boeing are likely to see their money fracturing costs skyrocket and the chairperson obvious of european businesses in russia believes political and business interests conflict in you is a very bad idea it's a very bad idea and we already said that it is a bad idea and we reconfirmed that is a very by the ideas bec

iraq on the brink of all out civil war for oil giants such as b.p. and shell pulled workers from oil fields in the south and east of the country earlier this month but north of kirkuk in the semi autonomous region of iraq kurdistan is an oasis of tranquility and smaller british soil companies are reaping the benefits take for example canal energy run by for my b.p. past tony hayward the company recently started pumping oil from its brand new k r i pipeline which runs from the semi autonomous region of iraqi kurdistan over to turkey from where kurdish oil and gas can be sold to international markets for smaller british oil companies such as well headquartered here in london working in kurdistan is beneficial they get access to oil reserves in the north of iraqi kurdistan and in turn the money that they pay for it increases the financial independence of a separatist region let's desperate to break away from the rest of iraq where jihadist groups are running riot iraqi kurdistan insists that they have the moral and constitutional right to export their o

global oil giant b.p. has said in a statement it's not being affected by the sanctions against russia the company however believes that this could change in the future if further pressure is that placed on moscow but it's not just b.p. more and more western companies are concerned about the way that they do business with russia for many of us is a perfect place to use advanced drilling technology from the e.u. in the u.s. which is now impossible under the new restrictions and this could hurt moscow's plans to dig into the resource laden arctic but this would also leave big international players without access to these reserves for some of russia's exports including materials like to tamia will be off the shopping list companies like boeing are likely to see their manufacturing costs skyrocket. well over a dot com we have go the details on the potential damage the sanctions could have on russia's economy and how this could affect the global markets visit our website for analysis to stay with us i'll be back

global oil giant b.p. has said in a statement it's not affected by the sanctions against russia the company however believes this could change in the future if further pressure is placed on moscow but it's not just b.p. more and more western companies are concerned about the way they do business with russia for many russia is a perfect place to use advanced drilling technology from the e.u. the u.s. which is now impossible under the new restrictions this could hurt moscow's plans to dig into the resource laden arctic but it would also leave big international players without access to these reserves plus some of russia's exports include rare materials like titanium which will be off the shopping list companies like boeing are likely to see their money fracturing cost skyrocket but there are those that still believe there is light at the end of the tunnel and russia as a superpower in a lot of ways they have access to a great deal of funding you know they have investments from all over the world they have ma

no it also wasn't that florida took that twelve hundred fifty pound b.p. oil spill tar mat found on a beach i'm not kidding and use it to create a cool ocean skatepark call that would be that would be totally radical. i can't believe we're literally paving our oceans now you know no wonder the marine life is having trouble they haven't yet grown wheels. and and you think are you think our immigration problem is bad now wait until b.p. has fully paved the gulf of mexico and immigrants are just spreading across it. anyway those are not the important things this week a florida judge decided that marissa alexander could not use the stand your ground defense in her retrial she's the woman who could serve sixty years in prison for firing a warning shot at her physically abusive husband but apparently stand your ground still only applies to paranoid men shooting black people no one no one can be quite sure how alexander street trial in december will turn out but it doesn't look good for their two key points of evidence against her one she's african-american which

tarmac what the hell is going on and what is this why why are because the behavior of basically the b.p. oil spill is causing it like the oil is congealing with like shells and sand and becoming these massive tar mats that. being discovered on the beaches of florida so we're literally paving the ocean now which is it's mind blowing and you think the immigration problem is bad now wait till the immigrants just run across the mexico you know once it's paved we're getting there and no wonder the marine life not doing well then go on wheels yet to get on this it's another it's another example of now this this company b.p. did this awful thing and now they're being rewarded they just got the first license for commercial drone by the f.a.a. to kind of go any lower and go over look at the road only on a better record and technological advancements in uncharted territory be ok this is another bizarre thing you guys rally a lot for workers' rights. and i want your take on another story related to billboards in the bay area what in the hell is going on criticizing the minimum wage increasing sugg

grown wheels yet you know to get on this it's another it's another example of now this this company b.p. did this awful thing and now they're being rewarded they just got the first license for commercial drone by the f.a.a. to kind of go any lower and go over look at the broken only in a better record technological advancements in uncharted territory. ok this is another bizarre thing you guys rally a lot for workers' rights. and i want your take on another story related to billboards in the bay area what in the hell is going on criticizing the minimum wage increasing suggesting that service our service workers are to be replaced by i pads i can't speak but what is this about right so they do they take out these massive billboards saying if you wave raise the minimum wage you can be replaced that's first of all already happening it doesn't matter whether workers are treated right or not they're still being replaced by i pads but secondly they also did well with miley cyrus where they did not have her permission they just put it up there anyway like miley is pissed off because of because

. >> brown: this is a case, and i think b.p. was also, where you were hired by the company to help settle. gm, of course, has been under extreme criticism for keeping this to itself. what is your relationship with gm? what is your experience so far in terms of their cooperation? >> first of all, they've been extraordinarily cooperative. mary barra has lived up to her promise in terms of cooperating completely with me and the team that we've assembled in trying to design this program. i have no complaints whatsoever. i think the plaintiff's lawyers around the country, bob hilliard and lance cooper and elizabeth cabrese and others have been extremely cooperative. the center for auto safety, joan claybrook's group, very, very cooperative. so everybody's cooperated. i don't think, a, that anybody is perfectly satisfied with my plan. the perfect is the enemy of the good to me. and secondly, the fact i am being paid by gm is challenge. >> yeah. >> people look at that and understandably are sceptical. >> brown: right. >> the only way y

tarmac what the hell is going on and what is this why why are because the behavior of basically the b.p. oil spill is causing it like the oil is congealing with like shells and sand and becoming these massive tar mats that are being discovered on the beaches of florida so we're literally paving the ocean now which is it's mind blowing and you think the immigration problem is bad now wait till it was just running across the mexico you know once it's paved we're getting there and no wonder the marine life not doing well they haven't grown wheels yet you know to get on this it's another it's another example of now this this company b.p. did this awful thing and now they're being rewarded they just got the first license for commercial drone by the f.a.a. grazer kind of go and explore and go over and look at the road only they are record and technological advancements in uncharted territory. ok this is another bizarre thing you guys rally a lot for workers' rights. and i want your take on another story related to billboards in the bay area what and the hell is going on criticizing them in mi

the reserves are and so you cannot make any kind of an accurate prediction about so called peak oil b.p. wanted to be the clean energy company their heavy and green technology their heavy industry all of their heavy into when do you think and say that or maybe that is not because i think this was an internal r.h. i'd never do that as it is an internal document yet what i'm referring to don't you remember public corporation would never try to exploit the circumstances for its own benefit right idea whether it's fifty years or sixty years or seventy years the point is we can't keep living like this we're going to have to change so why not take this as an opportunity to say ok fifty years that's very very average time how many lights if you take in the shitter. let's not personalize this though which that is exactly what you have to go tell us what is it is it's a moment it's not in the present like you know let's just get out if i get on the internet if i think it is entirely a function of personalizing ok it's not the weather if it's a bad energy consumption with energy because there's g

said the report did not live up to the editorial values of b.p. see. some journalists have taken sides to the point that when the ukrainian president said this ukrainian nation now are united we don't have any conflicts inside ukraine and he was not picked up on it even as pictures and video pour in a floor raging in the country since. the us media is once again taking aim at our t.v. well what c.n.n. discussed as you the impact of russia's media machine for all the talk about propaganda which by definition is you know misinformation i would say russia's when it chris cuomo and artie's piddle of el became a youtube page after a heated interview maybe you haven't been following it but the u.s. is actually coming out with a lot of its own intelligence back connex what happened i made seventeen to the acts of russian militants and perhaps of the involvement of russia in either training equipping or maybe even assisting one when this what horrible operation frantically to atlanta are you talking about what what forensic evidence are you referring to. twitt

b.p. has stakes in at least one of the targeted companies, russian oil giant ro stanford neft. they have invested massively. the block is worried about possible retaliation measures from russian. >> russian could create countersanctions so gas deliveries could be affect the. russia is for now refraining from that, and as they need money, they most likely will not take that step. >> they could banning european product for what it calls sanitary reasons. on wednesday it announced a ban on polish fruit and vegetables and said it could extend it to all european producers. >> meanwhile, the u.s. economy staged a comeback in the second quarter when it comes to growth. data shows that the u.s. economy expanded by an annual rate of 4% between april and june. that figure is much stronger than expected and a clear turnaround from the previous three-month period. the economy shrank by 2.1% in the first quarter on an analyzed basis as it suffered from a harsh winter. the federal reserve remains tight lip on when and how it may raise interest rates. the fed didn't offer any clear hints when

b.p. oil spill in the gulf, i asked aubrey mcclendon about the safety of fracking. what would happen if you go down to dig for shale, and you have an explosion, and you destroy a whole part of the country? >> it cannot happen, okay? >> it cannot happen? why do you say that? >> well, because we're not a mile underneath the surface of the ocean, and if something were to get away-- and there are incidents where wells have loss of control-- you can go--you can go fix it. >> an underground explosion is impossible because there's no oxygen or anything to ignite a blast, but as you can see from these pictures chesapeake took of their operations, drilling is now a fact of life near homes and farms, and the industry has racked up thousands of accidents and safety violations above ground. this really is your backyard. oh, look at this. what happened in tim and christine ruggiero's backyard is happening more and more. they moved to this pastoral 10-acre ranch in decatur, texas, in 2004 to raise their

sally garza wrote us on facebook: hannah b.p. added this: this is what we heard from karen lawrence coleman: patricia biggs had these words of advice: but jeffrey edick had his own solution: >> sreenivasan: some late news, secretary of state john kerry called russian foreign minister today to say the united states is, quote, very concerned of evidence r evidence tampering from malasia airline flight 17 which went down in eastern ukraine. all 298 people on board died. a jury in pensacola, florida, awarded 23.6 billion dollars in punitive damages to the widow of a long time smoker who died of lung cancer. she had sued rj reynolds six years ago, the company's general counsel called the ruling, quote, far beyond the realm of reasonableness and fairness and said the company will appeal. i'm hari sreenivasan. see you tomorrow. captioning sponsored by wnet captioned by media access group at wgbh access.wgbh.org >> pbs newshour weekend is made possible by: and by the corporation for public broadcasting and by contributions to your pbs st

want to know what if you don't really have a new wife or what we're here for not to hear from out of b.p. . well early here you would you want to be with we want you to work you know the memory of your family with my daughter yes we. sure. we moved. you. know you in the room. last week has seen government forces take back control of several cities in the east since then the military has really put in the begun a full blown purge arresting local police and young men on moss a video has also emerged of a ukrainian deputy threatening a bound elderly man. do you know your own. never actually yes i think i just talked about over the moon. all over so i think you were god if. you were going with. what was that much of this is. a local resident told us how it feels to remain enslaved canal the city's been taken by government forces take a listen but. the go from street to street from flyer to flight and it's all about arrests they've arrested the entire police force and drove all the personnel to god knows where we have no idea what's happening to them people who are supposedly supporting the a

b.p. oil companies issued a statement saying that so far sanctions have not impacted its business ties with moscow however the energy giant did express concern that could change it further penalties may adversely hit its interests in russia were sanctions could impact on the west even further russia's a lucrative market for advanced drilling technology from the e.u. in the us which can no longer be sold under new regulations it means that russia will find it hard to develop the vast oil reserves in the arctic even global energy markets without access to this major resource and companies like boeing will see their manufacturing costs skyrocket since they will be cut off from russia's titanium market which is a key supply. read more about previous rounds of european and american sanctions against russia it's all that. we've assembled all the details and analysis for you . say this is the tell me on r.t. international full charm offensive for african leaders in washington. but we look at the

you don't mean really haven't you why after what became of you on what you have not yet come out of b.p. . well the only thing you would you want it was what you what about them i mean. i've been i guess my daughter you know. and thereby sloviansk two thirds of its hundred thousand population have fled there's no water no electricity and most of the city has been damaged and shelling all making clear why so many people have chosen to leave their homes maria financial reports. they have packed only the basics not just the one close to keep the children whom he was forced to leave their home town of them i told him. we children and entire families. it wasn't an easy decision you. know about. when you post this in the studio because they know if you don't use it for good anymore you're supposed to feel stupid to believe that they do just that it would feel impossible as if to this day but this is a fellow if you were it's hard to say how many people had fled kramatorsk the city that's been the target of kiev's miniature gratian for months even when the army raised the ukrainian flag over t

said the report did not live up to the editorial values of b.p. see. some journalists have taken sides to the point that when the ukrainian president said this ukrainian nation now are united we don't have any conflicts inside the queen and he was not picked up on it even as pictures and video pour in of the war raging in the country since. the us media is once again taking aim at our t.v. or what. the impact of russia's media machine for all the talk about propaganda which by definition is you know misinformation i would say russia's when it chris cuomo anarchies piddle of el became a you tube hit after a heated interview maybe you haven't been following it but the u.s. is actually coming out with a lot of its own intelligence about connex what happened i made seventeen to the acts of russian militants and perhaps of the involvement of russia in either training equipping or maybe even a sister wife when this what horrible operation fran you're going to atlanta are you talking about what what forensic evidence are you referring to. twitter very or rele

want to know what if you let me let me go to the new my what the what you have not yet come out of b.p. . well you would you want to be with me mike you know what i love them i mean you're a fan of us i mean as we and really taken cities the miniseries arrests and local police officers and all men aged between twenty five and thirty five that's according to local authorities the video emerged showing a ukrainian deputy question in a man with a plastic bag on his head like lasker watsons an elderly man with jail for his alleged killings to i'm so government protesters who he calls separatists. to go don't you know. yes i think i just felt a bit over the moon. or lot of feeling so i think you would talk about how to deflect my gosh what you were getting was good got you. know what was not much of. my question course. i forget how i got sons of thousands of people running from the horrors of war refugee camps now stretch along the border with russia ready to take in people day and night follows one family's journey to safety. they have packed only the basics. one clothes to keep the two t