and brazil? >> u.s. and brazil are the two -- the number one and number two profit pools in the beer industry in the world. and we have leading positions in these two markets. for different reasons, they're both very interesting. in the u.s., because you want to upgrade consumers, you're not going to have we think the kinds of growth you see in brazil in terms of industry, because the different market at a different stage, a different population pyramid, different consumption habits, but the here the upzbrad to get consumers to pay more for the beer, by bringing them brands that they feel good about paying premium for. >> now of course we saw beer consumption go down in the u.s. right after the recession. how are things today would you say? >> industry in 2010 and '09 were negative, slightly negative, negative, 2% negative. we think that has a lot to do -- not that we think. the models show that that has a lot to do with unemployment and consumer confidence. so that has to change before the industry chan

and brazil? >> u.s. and brazil are the two --he number one a number twprofit pools ithe beer industry in thworld. and we have leading positions in the two markets. for dierent reass, they're both very inresting. in the u.s., because you want to upgrade consumers,oue not going to he we think t kinds of groh you see in brazi in termof industry, because the different maet at adifferent stage, a diffent populati pyonsumption bits, but t here the uprad to get consume to pay mo f the beer, by bringing them br tt they feel good abou payingremium for. >> now of course weaw beer consption go down in the u.s. right after the recession. how are thingsoday would you say? >> industrin 2010 and '09 were neve, slightly gative, 1% negative, 2% negative. think tha has a lot to do -- nothat w think. the models sw tt that has a lot o with uneloyment and consumer confidenc so that has to change bere the industry ges. so a unemploymen come downs and consumers get more confident about the fact that they will have a job today

with the richest man in brazil. he says he wants to be the richest man in the world. commodities king eike batista tells me his plans for topping the charts. >>> and america's first name in bridal designers, vera wang. on wedding designers from couture to the mall. as we take a break, we take a look at how the stock market ended the week. >>> any country or company that is dependent on exporting to china, particularly if the commodity area, particularly in construction is going to be hard-hit. we mention that australia will be at risk. canada will be at risk, and brazil will be at risk. >> noted short seller and hedge fund manager jim hanos telling me what could burst the commodity prices. >>> one man who is betting big on natural resources is brazilian mining billionaire eike batista. batista is worth more than $30 million. he is the founder of five commodities countries and is the eighth richest man in the world. he told me that brazil's boom could take him all the way to the top. >> brazil is a country of 220 peo

with the richest man in brazil. he says he wants to be the richest man in the world. commodities king eike batista tells me his plans for topping the charts. >>> and america's first name in bridal designers, vera wang. on wedding designers from couture to the mall. as we take a break, we take a look at how the stock market ended the week. ♪ [ woman ] this icelandic mud was working wonders on my skin. but if it was going to do the same for my spa, i had to figure out a way to get it back to the states. so i called my citibank small business expert. he got me a line of credit to make it happen and even improved my cash flow. now, my spa has more business than ever. ...and so does our cleaning crew. [ male announcer ] at citibank, we believe small business is a big deal. what's your story? citibank can help you write it. >>> any country or company that is dependent on exporting to china, particularly if the commodity area, particularly in construction is going to be hard-hit. we mention that australia will be at risk.

pushing is providing transit it takes maybe i imagine yet to get it out the event is deep into debt brazil russia india china and south africa argue that the northern europeans should get the job. up next to developing gas on cross-talk to pay the future all up in southeast all knowledge she thought stay with us. please. liz. liz. can you see. the future. hello and welcome to cross talk i'm peter lavelle issues of relevance and even legitimacy as the jostling continues as to who will succeed the now disgraced dominique strauss kahn at the international monetary fund many still question the usefulness of this global financial institution is the i.m.f. a political tool of the west or an unfortunate messy place you can see. to cross-talk the role of the i.m.f. today i'm joined by peter chola in london he is a program manager at the bretton woods project also in london we have daniel ben-ami he is a journalist and author and in cambridge we cross to jeffrey frankel he's a professor of capital formation and growth at the harvard kennedy school ok gentlemen this is crosstalk that means you can j

fabric of the supranational giants and so resented by emerging economies that representatives of brazil russia india china and south africa issued a joint statement calling the process of selection an obsolete britain convention and saying that adequate representation of emerging markets and developing members and the funds management is critical to its legitimacy and effectiveness there are other reasons that should prompt the i.m.f. to revisit its record and possibly revamp some of its policies just ask latin america which suffered a massive debt crisis in the one nine hundred eighty s. or asia which near them economic meltdown in the one nine hundred ninety s. all while the i.m.f. pushed those governments to adopt structural adjustment programs that consisted of to calling in economic reforms we've really been looking at this through our problems that our lives and most of our countries have not been subject i have met programs whether these are reasons enough to dismantle the institution and do away with the economic germany of the bretton woods system is still a matter for debate p

conducted to brazil in 2004. mr. goldman spent five years devoting enormous amounts of time and financial resources, had a great number of people supporting him in the community to secure the return of his son. in december, 2009i had the extraordinary privilege of speaking with david and sean when they were finally able to return to the united states. mr. goldman recently published a book about his ordeal entitled if fathers loved, one man's unrelenting battle to bring his adopted some home. he has been a trailblazer opening the eyes of the country to the agony endured by left behind parents, and i would just say that he has the human rights abuses child abduction. obviously we've all known about it and we've worked about it for many years. but it wasn't until david goldman opened the eyes of members of congress and hopefully other policy makers around the world that they realize just how the hague convention is often deemed by countries in this case brazil where endless appeals can be launched by the of the acting f

that still giant is purchasing it twenty five percent stake in brazil and mining. to forty nine million dollars fifty will be paid in full most related installments as the company develops i would oppose us in northern brazil also has an option to buy a third of that fifty percent of the farm in the future is seen as a bit just a pure raw materials meat prices of still making gradients hitting record highs. while russia's internet market is one of the fastest developing in the world and is expected to reach ninety million users by twenty thirteen carol cutler forbes middest list a capitalist is jumping on the bandwagon to create an online credit agency in. the market as props in place for investments as e-commerce and russia is far from reaching saturation point. online travel is thirty to fifty percent of e-commerce. developed e-commerce market and in emerging market it grows really fast so i think that potential here is is quite sizable i'm really interested in their consumer internet and that includes everything mobile at the same time so let's consider them one

in brazil. and he said that america wanted to be brazil's best customer. in other words, other than producing what we have been given by the good lord right here in america, american production, american jobs, he wants us to be brazil's best customer by importing energy from abroad. well, part of the vote that we'll be having at 6:15 or so tonight is another part of the mixed messages that we have been getting when it comes to energy. this is the so-called close big oil tax loopholes act. now, we know why the senators who introduced this bill have dodge so: because they've been getting so much heat back home because of high gas prices, their constituents are demanding that they do something. but what we are proposing to do has nothing to do with bringing down the price of gas at the pump. in fact, it will likely increase the price of gas at the pump. in fact, the chairman of the finance committee on which i sit, he said, you know, this is not going to change the price at the gasoline pump. that'

he was abducted to brazil in 2004. mr.five arduous years devoting enormous ounce of time and financial resources at a great number of people supporting him in the community to secure the return of his son. in december 2009, i had the extraordinary privilege of being with david when they were finally able to return to the united states. mr. goldman recently published a book about his ordeal in titled, a fathers love, one man's unrelenting battle to bring his abducted son home. mr. goldman has been a trailblazer in opening the eyes of our country today can he endured by left behind parents and i would just say that he had the human rights abuse of child abduction. obviously we have known about it and worked on it many of us for many years but it wasn't until david goldman opened the eyes of members of congress and hopefully other policymakers around the world that they realized just how the hague convention is also aimed by countries in this case brazil, where endless appeals can be lodged by the affecting family, so-called

brazil, really, not so much. like a former marxist guerilla who went to president to over throw the government, who is president now in brazil. i don't look at brazil like we are friends or allies, but brazil looks at us like clients. we're kind of eliot spitzer to brazil. as long as the check clears, they're in. is iran stronger or weaker? is russia stronger or weaker? cuba, stronger or weaker? north korea, stronger or weaker? the point, ubl and al-qaeda were the old idea to scare people to shariah law, terrorize them, kill them. the new paradigm is the muslim brotherhood. organize, legislate. stand up for democracy. shariah law in place. you can do it. it's a lot easier to community organize than convince people to blow themselves up. it's the postpowerful weapon on the planet today. you can kill ubl but as i told you, the idea lives on. there is a competing idea. globalism, statism, marxism. it seems as though we're being separate and cut apart from anyone who once believed in that idea. because fab wants to s

how aggressive countries like brazil are going to be brazil and china southern countries working together recruiting others and trying to leave because europe in the us and has led in the past not just because of their voting shares but you cuz of their determination and conventionally what other countries in the global south really didn't fight inside of us institutional care contender for western europe and us to go there certainly is certainly aggressive rhetoric and we're going to be seen whether the action will follow but it's an interesting development and as always great to have your analysis that is robert naiman policy director at just foreign policy now with the discovery of osama bin laden right on your pakistan's knows the country's value as an ally to the us has come under scrutiny and pakistan has gotten more than twenty billion u.s. dollars since nine eleven making the third largest recipient of american foreign aid forced outrage lawmakers on capitol hill as the hill seem to have just now discovered this whole issue just now learning that they've been sending a money to a

, become brazil's best customers. he wants us to become brazil's best customer. how about those american jobs he is killing and his administration is killing? his energy secretary, dr. chu, couple of years ago said, we have to find some way to make gasoline prices in america the same as they are in europe. we'll talk about that in a bit. and remind the american people that the president himself said that energy prices under his policies that he's promoting, would necessarily skyrocket. he wants americans' energy prices to skyrocket, putting people out of jobs, costing all these thousands of jobs, costing our economy millions and millions and trillions of dollars in all probability, eventually. certainly billions. he just gave a loan to brazil, $2 billion to produce jobs and produce oil in brazil, instead of producing oil in the gulf coast and off alaska. and the e.p.a. just denied energy production off alaska. it makes no sense. according to gulf coast residents said the president's policies already are helping make g

alliance is especially vital during this time of volatile change, when nations like china, india, and brazil are growing in influence. >> perhaps, the argument goes, these nations represent the future. and the time for our leadership has passed. that argument is wrong. the time for our leadership is now. >> obama emphasized the world that the west plays and must

how much has shawn told you about his time in brazil? >> quite a bit.lot of pressure and a lot of stress there. and it was really unnecessary, unneeded, and very painful. and our job is to have fun and enjoy the remaining years of his childhood. he really is. >> everyone remembers the pictures of you with shawn when you got him back in custody and you took him to the states. in your book, you write this, he suffered so much, my poor boy, i couldn't protect him. his innocence was gone. more than five years lost, why? my mind momentarily flooded with questions that could not be answered. memories of actions that could not be explained. words that can never be taken back. i didn't dwell there long, we have now, i thought, we have our future. how often do you look back? how often does shawn look back. it's hard to forget the past and who you are now? >> he'll always miss his mom. and the last day when they dragged him through the streets still haunts him. but we do have the now. and as for we can never get back that time we're apart. nothing can ever bring

. >> paris 2009, and relatives awaiting desperately for news of air france's fateful flight from brazil. >> coming from rio -- >> two years on, they still don't have all the answers. plane took off from rio de janeiro at 11:00 p.m. u.k. time and set out across the atlantic. just before 3:00 a.m., it left brazil's radar coverage but not half an hour later the plane began sending out automatic messages, including saying there was an electrical problem. because the plane crashed in the ocean, out of radar contact, it proved difficult to find the wreckage and the bodies. the black boxes, which record the pilot's voices and flight data, were only recovered earlier this month and the first information from them has been made public. they reveal the plane's instruments were showing different speeds with the autopilot disengaging and pilots taking over. the plane initially climbed to 38,000 feet, then a warning was triggered and the aircraft stalled and fell for 3 1/2 minutes, hitting the water at over 300 miles an hour. >> we know the pilot was not in the cockpit the moment the incident starte

. >> so, there's a question if the brazil rain forests gets shopped down in part because of pursuit of cattle raising, so it depends what land is used and whether that land was with carbon, and that's a hot research topic for nerds. [laughter] >> no, that's a huge issue because the rain forest in brazil is being cut down for soy beans to feed cattle and also for cattle grazing. that is the biggest factor in the destruction of the amazon. the indonesian rain forest is cut down for pom oil, another issue all together. >> two questions, one for lawrence and mark? please? [laughter] >> okay. >> lawrence, should the republicans demand that the epa be lowered as they want to have obama pass the budget? that's one question. >> one at a time, and then we'll get to the next one. >> could you repeat that question? >> repeat that please. >> the republicans want to lower epa standards to pass the budget because it'll help the economy. how do you feel about that? >> put simply, that's short sided. [laughter] [applause] >> matt, do you want to say something about the epa budget? >> two words, if jim

will be paid in almost related installments as the company develops iron ore deposits in northern brazil also has an option to acquire a further thirty percent of the firm in the future the move is seen as a bit to secure a rule materials meet prices of still making radiance hitting record highs. russia will not sell foreign boards and will cut its to mystic borne of this year high crude prices reaching forecasts pumping extra cash into the state budget energy exports will top the budget with an extra forty billion dollars this year and cut the deficit to one percent of g.d.p. the state will also axe to mystic boring by twenty percent down to thirty two billion dollars but some claim russia could take advantage of low debt costs abroad and store up extra all revenues whether analysts point out that after a one thousand nine hundred ninety eight default this data is not tight and bulging creasing or in debt. to take a quick look at the markets crude prices have narrowed big gains this hour is trading at ninety eight dollars per barrel have the sell off was sparked by world's leading servi

actually the difference between china between brazil between india russia for example between many many other emerging markets and maybe many people apart from the weight of food stocks and the consumer prospects in you will be significantly lower than in russia or even in greece and slogan russia around so this occasion distribution is the one food star who's up and that's what has happened some time ago. pressure more struggling markets and as. as emerging markets are highly affected by the foodstuff prices so they begin big begin to go to risk strategy that's what has kept coming china what has happened in brazil to some extent and maybe other. major markets russian central bank has been increasing rates for example with reserve requirements for some time and yes we are trying to find out information it's a moment and the united states they're facing sluggish economic development they're facing north korea and the not very good growth rates not very stable they're facing a lot of problems with. government beds and are the issues which they have to solve and for these they have to kee

and in the case of brazil, working not only on issues in our own hemisphere but also increasingly on the kind of global issues, whether it's in food security or energy where we have a great deal in common. so i can't think of a bigger challenge as we look out over the coming years and decades than spending a lot of time and attention on those relationships and helping to deepen the stake of those countries and the kind of stable international system that serves our interests and promotes our values as well. >> i have two questions on the specifics. the first one, a couple of us met with some of the folks who were here on behalf of the libyan transition council. they had come and basically asked for access to some of these funds that have been frozen either direct access to the funds or a line of you are credit secured by those funds. is there any update -- and i know senator kerry was working on some legislation on that issue, what's the latest on efforts to -- if any to provide those funds or made something available? >> that's something which we're very committed to. we're working

>> smith: nancy, are officials in brazil assigning blame? >> well, officials in brazil and in france, where this investigation is taking place, say all of it is to blame: the faulty pitot tubes which have now been replaced on all air france jets and also the actions of the pilot. they'll also be looking at the training of the pilots. were they trained to deal with a stall in these kinds of situations? this investigation is going to be going on for about another year, harry. >> smith: nancy cordes in washington. thanks. the relationship between the united states and pakistan has been strained to say the least since u.s. forces raided osama bin laden's compound without the knowledge of the pakistani government. today, secretary of state hillary clinton made an unannounced visit to pakistan. more on that from chief white house correspondent chip reid, who's traveling with the president in poland. >> reporter: after what appeared to be a tense meeting with the leaders of pakistan, secretary of state hillary clinton did not mince words. >> for th

and with the glamour brazil bring to anything involving football it's likely to mean that the popularity of ford's old will continue to grow and grow so they've got out of the team. as always for fanaa just before i go i can tell you that rough ala tell has beaten roger federer athame trade open he is now in the final once again i'll see you soon in just under two hours. well. bringing you the latest in science and technology from around the world. we've got the future covered. i'm. twenty years ago in largest country. to serve two purposes. if. it had been determined to teach began a journey. where did it take. for some this is just a parliament building in urban. than. sixty five years ago. it was the final target.

you know talk about illegal logging in brazil you know illegal logging is happened here at the states and the discovery and look under the phrases you go to a country like brazil and they're poor people trying to make a living. there's no law to really loose in the world leading roles thought into that because they come across to subscribe to soul creek. people who go to wal-mart only wallows in the with one of their we have a florida address and they would say made for environmentally. and actually was going to lose enough in credit cards for swamp will never come back so they've lost their lives or systems and saw a moment of harvest. of. illegal logging operations have stolen tens of thousands of acres of chinese from soreness coast. cutting down the natural barriers that once helped protect the coast from devastating storm surges and hurricanes. in the. the companies they like and. the flow are the basis. for months looking for those kind of violations. right now we only do have to do them once and flew the world. renewed beyond the group the stunning thing that all those books. y

no joke about illegal logging in brazil you know a little over has happened here in expats and i was covering a dog and the difference is you go to a country like brazil and they're poor people trying to make a living. there's no water really moves in the real leading roles got into that because they come across to subscribe to soul creek. people go to wal-mart only paulo's and they were on about they would have a florida address and they would say i'm a four environmentally cyprus and i actually was going to lose enough on credit cards for trump the american market so they've lost their lives across systems and son of a somali the harbors. of. illegal logging operations have stolen tens of thousands of acres of cheese from salinas coast. cutting down the natural barriers that once helped protect the coast from devastating storm surges and hurricanes. the companies don't like until. we do fly to the base. for months looking for those kind of violations. right now we only do it to do than once and so the logs. are really really on the group the stunning the claim that all those books

got talk about illegal logging in greenwood brazil you know if you go over this happened here in otherstates and others covering you know and the difference is you go to a country like brazil and they're poor people trying to make a living. there is no law to really use in the real leading roles fall into that because they come across to subscribe to seoul korea. people who go to wal-mart only paulo's and the one about they would have at florida address and they would say made for environmentally cyprus and i actually was one of police uniform close calls forth on the america much so that have us there in those ickle systems and son of a somali the harbors. of. illegal logging operations have stolen tens of thousands of acres of trees from salinas coast. cutting down the natural barriers that once helped protect the coast from devastating storm surges and and hurricanes. the companies don't like impulse. and do we do fly to the bases every once in a hostile months looking for those kind of violations. and right now we're only good to do than once and flew the load. were really really o

you know talk about illegal logging in brazil you know if you go over has happened here you have the states cannot discovering you know and the difference is you go to a country like brazil and they're poor people trying to make a living. there's no law to really use in the real leading roles got into that because they come across as a prescription soul creek. people go to wal-mart only paulo's and they were fun about they would have at florida address and they would say may for environmental you are suckers and i actually was on feliciana include thoughtful song will never come back so they've lost their lives across systems and song as a moment the hardest road. of. illegal logging operations have stolen tens of thousands of acres of cheese from salinas coast. cutting down the natural barriers that once helped protect the coast from devastating storm surges and and hurricanes. the companies don't like. to flow through the base of. customers looking for those kind of violations. right now we only do have to do them once and so the log. is a renewed beyond the group this time the mee

brazil continues to defy international law.ould like to note that ambassador jacobs recently returned from a trip from brazil to discuss international child abduction with here senior officials. she reports the trip was a success and that the u.s. and brazil have established a working group which will meet this summer to discuss how to speed up hague applications and the adjudication of these abduction cases. hopefully, real change will happen, but to be clear, the only way progress can be measured is by the number of american children who are returned. right now, there are zero, zero consequences when a nation violates the hague convention and refuses to return abducted children to the united states. nations including mexico, germany, brazil, and japan which finally appears ready to ratify the hague convention discover quickly that united states is all talk and no action. these countries play endless legal and diplomatic games with left behind parents frustrating their hopes and breaking their hearts month after month and year

. >>> this video showed students having fun in brazil. led this trip. to the amazon forest in brazil. >> this summer i'm taking students to the amazon from may 30th to june 15th and we're going to be there for total of three weeks spending time in three different cities in different parts of the amazon. >> public relationships professor is taking students on a trip to paris this summer. the sudden international public relations. he says anyone can enroll in this program through events this summer. >> we want to give our students an opportunity to see what it's like to do public relations in europe. >> studying abroad help students gain a lot of skills and a lot of perspective on the world and communication skills and seeing more of what's out there and getting their feet wet to experience what it's like to live in another culture. >> it takes planning for someone to go abroad and study. probably to late for you to sign up. but next year, plan ahead. on campus, update news. >> from studying, writing term papers, students are burnt out and waiting to have

political comedy legal logging in brazil you know illegal logging is happening here in across states and the discovery and the difference is you go to a country like brazil and they poor people drug to make a living. there isn't a lot of real news in the world leading roles thought into that because they come across as a screw soul creek. people go to wal-mart only paulo's in the woods when i bought they would have a florida address and they would say made for environmentally harvest. and actually was going to lose iana and overcoats the swamp the american but so they've lost their lives across systems and son of a somali the harbors. of the illegal logging operations have stolen tens of thousands of acres of trees from salinas coast. cutting down the natural barriers that once helped protect the coast from devastating storm surges and hurricanes. well. we do fly all the bases. from what's looking for those kind of violations. right now we only do to do them one can slowly the log. books were really really on a group based on the meeting that alters the books that. you've been drilli

>>davies: there's also an increase in consumption from producing countries like brazil - brazil is one of the biggest consumers of coffee in the world, as well as the bigger demand for speciality coffees. so, many factors and the prices going up. >>reporter: in the uk, there is now more demand for quality coffee than ever before. as part of uk coffee week, the recent london coffee festival attracted nearly ten thousand people over the course of the weekend. one highlight - smashing the world record for espressos made in one hour - with over 100 baristas producing 12,003 shots of espresso. >>young: we produced a book called the london coffee guide which really shows the artisanal side ofcoffee which has really emerged over the last two to three years. in fact it's really interesting, when you look at those that are in the book, probably seventy percent of those were not around only three to four years ago. >>reporter: consumers are also increasingly knowledgeable about coffee, driving a trend for more specialist cafes, like monmouth and the newly opened prufrock. from single origin bean

among the assets up for chop are the stainless steel operations and car parts unit in brazil. in their place, the company wants to invest in new markets, particularly the engineering sector. >> we want to reduce the company's debt but at the same time able to invest sufficiently in our commercial operations. we want them to be successful against the competition and bring in revenue and sustainable value for the company. >> is superry board approved the plans on friday friday. it announced there will be no compulsory redundancies among the 35,000 workers affected. the management is hoping the changes will boost the company's fortunes. and there was a good owe men. the company has just posted a 21% increase in turnovers to 12 billion euros for the last quarter. >> conrad pohl has more on the mood on the trading floor. >> the company was the last company to report first-quarter earnings, also this report came in stronger than expected. so a very strong earnings season in frankfurt is coming to an end. but this did not really inspire stock buying on the trading floor. neither did

they have their own amber alert laws in brazil like we do.looking for american citizenship. she ultimately fell in love with this man who was a prominent lawyer in that area in brazil. >> specializing in international child abduction law. >> unbelievable. how ironic is that? >> it's unbelievable, but it's true. that's what makes it a wow. >> when you decided to document it all and put it through the book, at one point you are son will be reading this book. he is 10 now. >> yes. >> are there parts you don't want him to know about or do you want everything exposed? >> right now i don't want him to have to relive it. even as far as the tv shows when they show that last dreadful scene when they dragged him through the streets to put their stamp on what they wanted to do, he doesn't need that. he still has issues with that, that last day when they did that to him. >> i think we have very little time. tell us where it stands now. aren't you asking now that the grandparents drop all legal hold on him? >> we asked that right away before they started

-- >> have you noticed that the oil rigs in the gulf are disappearing and moving off the coast of brazilat means -- international -- >> it is exactly right. >> is that compounding -- is this denial -- compounding the whole problem? >> it is. the united states is very foolish. we're in a competitive world a lot of countries going after their oil because it's an enormous supply of revenue. the united states shuts itself in whether it's up in alaska or florida or off the gulf coast. the united states is just pulling itself -- john, the whole thing is a paralysis of policy. >> that's why donald trump says he would just take the oil. >> exit question -- will lie gas prices derail the economic recovery? pallet buchanan? >> i hated to say it, but 1.8% growth in the first quarter has already been derailed. >> the economists said it's a stall but they don't believe it's off the tracks. we had terrible weather and we did have the rising oil prices. but i'm not ready to say we're sinking back to where we welcome. >> well, anemic rate is practice threat, and if you exclude inventories, it's only .8%

he had the nerve to go to brazil and say i am proud. he showed you out out of touch with the rest of the world he is he has a model that says he'll have toboro from the chinese to pay the brazilians. we need a president that says i want you to be our best customer. i want to sell you american products. i posted an entire economic program. i do want to share with you a tax program everybody weights for what a tax code will be i'm looking forward to debating. i'm happy to have a long distance debate from now to then. i support the incentivizing of a tax cut to create jobs president obama believes from levelling down. i believe in getting everybody up. it is a fundamental difference. my goal is to get back to where we were when i left the speaker shich the largest tax cut in history the number of people you would take off of food stom ps, off unemployment, off medicaid, that is the biggest single step towards a balanced budget that you can take one, the correct cap follow tax rate is zero. all over the world, there are people with capitol.

at hp pavilion, i'm brody brazil. now back to the studio. >>> thank you. next at 5:00, is the end really near? a bay area minister seems to think so. up next, the prophecy and the profit. how people are trying to make a buck off the end of the world prediction. >>> and how much are you paying for your iphone bill? some lawyers are saying at&t could be guilty of overcharging. >> reporter: and good afternoon, i'm chief meteorologist jeff ranieri live in san mateo where appropriately we have some fair weather out here today for a one of a kind unique fair where you can channel your inner geek. we'll explain all the details and have more with theses guy m coming up, plus your weekend forecast in just minutes. g >>> so, is it the apocalypse yet? if it is, you can't say you weren't warned. billboards, rvs with apocalyptic warnings, pamphlets declaring the end is coming and coming soon. a bay area christian radio host is predicting judgment day is tomorrow. the message is spread across the country. kristen dahlgren tells us how people are preparing for both the e

details about exactly what happened minutes before an air france flight crashed off the coast of brazil killing everyone on board. the mistake that the crew made right before the disaster. >> reporter: the plane's black box revealed that the pilot didn't know whether to speed up or slow down. at 11:00 10 p.m. the air bus a330 was heading into a powerful storm 700 miles off the coast of brazil when the auto pilot disengaged and the plane began to roll to the right. the cockpit displays showed inconsistent speed readings a sign that the external speed sensors were malfunctioning or perhaps had iced over. "i have the controls" called one of the plane's two co- pilots. a stall warning went off and i climbed briefly before pointing the nose down to pick up some speed. then he leveled out and began to climb a bit. perhaps not realizing he was still going too slow. that triggered a second stall warning. but instead of pointing the nose back down he continued to pull up. >> the aircraft begins to roll. it begins to go from one side to the other side. >> reporter: chairman of the ntsb when the p

that lobby includes -- brazil, india, japan, and technically china. another growing lobby of developed countries from europe want the tradition of a european managing director to be continued. they said that because of difficulties with debt, among western european economies, namely greece, ireland, portugal, spain, the european tradition should remain in place. question -- is a non-european imf director a wise idea at this juncture? pat? >> it certainly is not john. the reason is the imf is the mechanism through which the europeans are funneling american dollars to bail out greece, portugal, and the other countries of europe, ireland. which are in actuality bailouts of those banks. a lot of the third rld countries or developing countries are saying you know the westerners have had the imf for a long time. they use it as their private piggy bank and don't give us the same deals they give to greece the portugal. the europeans have got to visit and they're going to keep it. -- have it and they're going to keep it. christine lagarde is very able. she's f

-- >> have you noticed that the oil rigs in the gulf are disappearing and moving off the coast of brazild that means -- international -- >> it is exactly right. >> is that compounding -- is this denial -- compounding the whole problem? >> it is. the united states is very foolish. we're in a competitive world a lot of countries going after their oil because it's an enormous supply of revenue. the united states shuts itself in whether it's up in alaska or florida or off the gulf coast. the united states is just pulling itself -- john, the whole thing is a paralysis of policy. >> that's why donald trump says he would just take the oil. >> exit question -- will lie gas prices derail the economic recovery? pallet buchanan? >> i hated to say it, but 1.8% growth in the first quarter has already been derailed. >> the economists said it's a stall but they don't believe it's off the tracks. we had terrible weather and we did have the rising oil prices. but i'm not ready to say we're sinking back to where we welcome. >> well, anemic rate is practice threat, and if you exclude inventories, it's only