/china/india cooperation. i want to thank everyone for joining us i want to that i can our panelists. thank you for traveling from shanghai. i really welcome this report. thank you all for being here. >>> on the next "washington journal" the latest development in the iran nuclear negotiations and an update on how the how select committee on benghazi plans to proceed with its investigation. we'll hear from a couple of members of congress. first, representative jan schakowsky of illinois a member of the energy and commerce committee. then later, republican congressman miami pompeo of kansas is a member of both the select intelligence and select benghazi committees. "washington journal" live every morning at 7:00 eastern on c-span. you can contribute to the program by phone and on facebook and twitter. >>> homeland security secretary jeh johnson testifies tuesday at the house judiciary committee oversight hearing on immigration and enforcement live at 10:00 a.m. eastern on c-span3. >> the city span cities country

and india pay more attention to economic development. so, i mean, the driving force for china to push it forward india's proposals in global and regional affairs are from the economic front. so as to that kind of middle east political dialogues i don't think actually don't think the governments will have very strong job reports behind them. so it will be better for them to consider more about this economic, social cooperation in the middle east. >> i think you might have the ingredient for a future report on u.s./china/india cooperation. >> i want to thank everybody for joining us. thank you for traveling all the way from shanghai. we really welcome this report. thank you all for being here. >> if you missed any of this program, go to c-span.org. >>> coming up later today on cspan2, the president of iran will be speaking on nuclear negotiations at 1:30 eastern. pregs reports intd kate a formal deal could be close at hand. >>> wisconsin governor scott walker, is announcing he will be running for president. it starts live at 6:15. he released this video ahead of his announcement

a lot of the growth that is still available is on the really low end in china, india, and a lot of theseeveloping markets. samsung is not okay there, but that is where you see people like xiaomi and micromax having much more success. emily: and they are doing it cheaper. >> that's exactly right. emily: if the smartphone market is going to peak, isn't apple going to feel the pinch too? >> not necessarily. troy: in many ways, is a fashion item and a luxury good. at the height of the market, apple is able to maintain its margins. samsung is squeezed with apple the top and xiaomi and micromax at the bottom. emily: i want to talk more about the apparent heir at samsung. how optimistic are you for him turning around this company? bob: i think it's a challenge. they are very interesting to look at. you have all these different pieces of companies, that when you see them side-by-side, they almost don't act like part of the same company. but at the very top of the chain, where the lee family is presiding over things, they do have a lot of control. that structure in korea has served them very well

they came from 16 countries including japan, china and india as well as members of the association of southeast asian nations. new zealand and australia have been urging cuts for a long list of items by china and india wanted the list shortened. both sides made some concessions toward 80% liberalization but remained divided on the issue. japan's minister of trade said even though the officials failed to get an agreement they were able to narrow some differences. >> translator: we were able to reconfirm our goal to conclude the negotiations by year end and set the directions for future talks, so it was a big step forward for us. >> the ministers decided to meet again next month in the capitol. >>> a fisherman in vietnam make a big contribution to the diet and bigger one to the economy but now aiming to hook another market. they are trying to boost shipments of china to japan but finding it isn't as easy as it looks. >> reporter: many diners at japan's sushi restaurants get tuna among anything else on the menu. managers at this fishery company in central vietnam have got their sights se

china india, russia and the eu. in that spirit, vietnam continues to pursue a foreign policy of independence, self reliance, peace cooperation and development, of external relations and proactive international cooperation. vietnam established diplomatic ties with over 180 countries comprehensive and strategic partnership with important partners in the region and of course the world. as we have aseeded to many bilateral and multi-lateral free trade agreements which tpp with the united states and other partners is of great significance to vietnam, the united states and to the entire asia pacific region. now, on the future of vietnam-u.s. relations our two countries have established the comprehensive partnership. that's a very important premise for advancing bilateral ties over the coming years. looking ahead we need to work together to deepen and broaden the comprehensive partnership in order to lay the foundation for taking bilateral tie to the next level in the future. an important impetus to the veet nam-u.s. partn

they're looking at india and china.unds good, but it looks ambitious by karen performance -- current performance. markets in asia are all competing for listings. chinese investors were opening investment accounts at record pace to push valuations to multi-year highs. wants to get to where it wants to be, it has to work on its hard-line. yvonne: thank you so much. we will come back to you in the next hour, where you will be speaking with exchanges chief financial officer. 10:10 if you are watching in the name. hermes has been told to rename is bag by the actress it named after. jane birkin decried the rule methods to make the back. will penalize any breach of its animal welfare code. the back accounts for 15% of sales. how do you send a yvonne: it is 7:30 in hong kong, half an hour from trading in australia, japan, and south korea. you are watching "first up." ♪ top stories -- the fed market continues to improve, keeping policy makers on track for a rate hike this year. but no clear signal on when that will happen. there

>> it is sitting around the world in countries like china, and india, and many other places. >> china, india, japan, even taiwan and uae, those banks? >> correct. >> therefore, if we denied the lifting of economic sanctions, that money is in the hands of foreign banks. what in your professional opinion is the likelihood that that money would be released to iran. >> it's iran's money that is tied up because of sanctions. they have sold oil, the money has gone into these foreign accounts and it's sitting there. if this agreement, this deal were to be rejected the question is what do those other banks do? i don't think they will feel bound to hold that money the way they have held it in an escrow away from iran. and i think without an nuclear agreement some of that money will start going back to iran if this agreement is rejected. >> so to recapitulate then if we were to reject it the money is likely to flow because it's in the hands of foreign banks that would not be compelled to adhere to the united states wishes at that point; is that correct? >> right. we do obviously have sanctions

we're not much use-- we are, but the big growth, if you look at the size of the population in china and india, it's enormous-- enormous market, so--. >> and all the people are eating chocolate. >> and-- no, they eat-- one gram a year or something in china. >> so it's the potential? >> it's enormous, enormous. it's far bigger, and if you look at the size of population of little england, you know, s-- a tiny little 70 million, oh, this looks quite good, hmm, 1.3 billion, hmm, that'll do and they only eat one gram, let's do that. (laugh) that's why they don't care if they reduce the size of our products. this is just too big, this market. so that's what's really going on. >> when you go into a company like this that we're visiting today, this is-- is the future of chocolate making? >> yeah, i mean-- yeah, this-- you know my job is to go around factories all the-- e-- all the time, so i-- i go around lots and lots of factories. and you see many factories like this sort of come up from grassroots, from grandparents. if you look at the history of this business, what happened in the war and how they

not just to china and to india. so for now it suits the purpose because of sanctions and geopolitical. it suits russia to be able to say, look, we have friends in china and india. we're getting money and support there but i think that is really only one step. for russia it would be extremely dangerous to become nothing more than a raw material supplier to these countries and everybody knows that. >> but do you actually think they would deepen their ties and work on the bank that a lot of people were talking about. now china has the aiib and that's really their project. >> yes. it is certainly -- when you look at russia within the economic union, a big motivation for that is to benefit from the economic belt that china is creating. yeah we'll see closer ties but it's very clear to everybody that the process of integration is very much on china's terms. in other words china has been offering investment and economic cooperation to suit it's agenda. we had that quote from the ceo when he went to china looking for money a

for example, getting more authority for someone from china, india, from the u.s. -- making decisionshe international space. that helps to give investors confidence and the company confidence and being localized. understanding what the international market want. angie: a big job ahead of him as his father operates. -- recuperates. thank you. streak.p next, moving we will take a look at the prospects of one australian miner when we return. ♪ angie: no turnaround inside for htc. they reported a record second-quarter loss. it was a little better than analysts forecast. it came in at $1 billion. the company's lowest quarterly revenue since 2009. one of the iconic sales of capitalism has fallen silent. look at that. the famous war of the trading pits. most future pits in chicago and new york will be closed for good. no more frenzied writing and selling of futures and commodities. businesses move to electronic trading. where s&p 500its futures and stocks are sold and traded will be open still. welcome to the stock exchange. we are taking a look at the openings and our reporters are here to

brazil russia, india, and china, the brix group. and after the end of germany's colonial rule, the african country is calling on berlin to formally acknowledge the killing of hundreds of thousands of its people as a genocide. you are watching the w news live from berlin. i will be back at the top of the hour with more news. i hope you'll join us. ' our children alive. the words of one man and his voice is one of among 4 million. calling it one of the worst refugees crises since the second world war. the war in syria is in its fifth year and many people have abandoned all hope of ever going home. >> running for safety. these refugees flee the war that has ravage

the other is emerging markets, china and india. -- one question is regulation.o be billion dollars people are thinking that they will be able to work through the regulatory issues. to build be able thriving businesses in emerging markets. i don't know that for a fact. it's possible you could underwrite that deal without winning both. i have to see the data. if i was looking at that deal, i would want to understand continued growth domestically and regulation issues -- do you have a view that they will ultimately prevail there and how will they fare in china and india? pimm: given what we saw at the new york stock exchange yesterday, the trading halt -- we saw this big called in trading. are you advising startups to steer away from the public markets? stay private for longer. the nysele things -- issue and the china issue are orthogonal to the question of how we are advising companies. the nyse issue is most interesting. it went down and it did not affect anything. that's a big deal. 10, 15, 20 years ago if the nyse went down, we were stuck. the world has changed

brazil russia, india, and china, the brix group. and after the end of germany's colonial rule, the african country is calling on berlin to formally acknowledge the killing of hundreds of thousands of its people as a genocide. you are watching the w news live from berlin. i will be back at the top of the hour with more news. i hope you'll join us. . >>> this week on "wealthtrack," are index funds raging out of control? are these funds a threat to retirement saving snz winter green funds noted value investor david winter sounds the alarm next on "convictsuela mack wealthtrack." >>> new york life along with mutual funds offers investment and retirement solutions so you can help your clients keep good going. >> additional funding provided by

jack lew: it is sitting around the world in china, india and many other countries. senator: china india japan taiwan uae, those banks? check loop: correct. -- jack lew: correct. senator: therefore, even if we deny the lifting of economic sanctions, that money is in the hands of foreign banks. what, in your professional opinion, is the likelihood that money would the released? jack lew: to be clear, that money belongs to iran. it has gone in foreign accounts and it is sitting there. if the deal were to be rejected, the question is what do the other banks do. i don't think they will feel bound to hold the money the way they have held it in escrow away from iran. i think with out -- without a nuclear agreement, some of that money will start going back to iran, if this agreement is rejected. senator: so, to recapitulate, if we were to reject it, the money is likely to flow because it is in the hands of foreign banks who would not be compelled to it here to the united states wishes at that point, is that correct? jack lew: we do have sanctions we could impose in other wa

we believe in making sure the innovations come out of the labs all over the world, china, india, thenited states, get them out on behalf of the poor. then it's up to governments to scale up. even though we have put in billions of dollars for the vaccine, there are tens of billions in by government to scale it up so we can have so many. charlie: these are projects of -- that give the government's ability to scale up? melinda: everything requires government scale up whether it's reducing tobacco usage or eliminating malaria or whether it's u.s. education and we could spend our resources in the education system in less than one year if we used only our resources. warren: that's the value they bring. bill and melinda have the ability to bring others along with them. both governments and individuals. it's not only the funds of the three of us combined but they have the stature, the eloquence, the experience to talk with maybe governments or very wealthy individuals and corral hundreds of millions or billions of dollars additionally. there is a multiplier effect. charlie: their participati

bill: we have 1500 people in total, most in seattle but with offices in africa and india and china. also an office in europe. we use them as much as we can but it feels like with malaria we have a group around 20 people who are experts so they can go out to the vaccine experts, the mosquito experts, the modeling experts and orchestrate those skill sets together and then take that and say, ok, which countries are where we are going to reduce malaria? in many cases, we help to convene different silos of expertise with people at the foundation. charlie: polio, 2020? eradicated? bill: the best case with you as possible --. warren: don't make stock market predictions. bill: i have a positive bias but it has gone very well the last year. we haven't had a case in africa of polio since last august. charlie: almost a year, not one single case? bill: of polio in africa. the only two countries we have had polio cases are pakistan and afghanistan. even there, the two regimes including the army people there and the very political parties have stepped forward to improve the quality of the campaig

that basically means china, india. also out of thailand as well.find these countries tend to bars and look to stock up on the price is right. yvonne: a lot of people have been talking about this for the last couple of days and weeks. it has been a painful two years for a lot of the gold miners and the gold bull. we see a lot of people talking about prices dropping below 1000 and could even reach $800 in the worst-case scenario. the bigger picture -- what the uc for gold rices -- what do you see for gold prices? nigel: gold prices are hard to call at this point, but i think one of the flaws in the market is the cost of production. if it falls below the cost of production, it makes it worthwhile for a miner. in australia, we have a slightly different situation because we have a weakening australian dollar. that puts the gold price around the $1500 market. australian producers are doing remarkably well at this time. yvonne: sure. you know, you talked about the impact on production on some of these prices. how big of a hit do you expect for the miners,

we have got a paris conference on climate change coming up later this year, and if we can get china and india some of the other big countries to take a look at what we have already done and finally get something global that would start addressing what is going to be -- >> fixing everything? last 18 months fixing everything? >> yes, basically. >> the president lamenting the fact that stewart is leaving "the daily show" before he is leaving the white house and issuing an executive order demanding stewart to stay. >>> new information about the family of the tennessee gunman who murdered five u.s. servicemen. his uncle is now being detained. that's next. >>> this morning, flags at the u.s. capitol and the white house are flying at half-staff in honor of the five military service members gunned down in chattanooga last week. federal authorities investigating the shooting will hold a news conference today as we learn more this gunman mohammad abdulazeez and we learn more about his family connections in the middle east. new evidence also suggested he may have been rat calized by a militant cleric, n

we believe in innovations making sure those come out of the lab from all over the world china, india, the united states, get them out on behalf of the poor but then governments scaling up. even though we've put in billions of dollars of vac seeps, tens of billions are put in by government. >> rose: so you put work in in the beginning and have projects that give people in government who have the ability to scale up, to scale up. >> every single thing we're in requires government scale up whether reducing tobacco use malaria, education. we could spend our resources on the u.s. education system in less than a year if we were putting all our resources in it. >> both bill and melinda had the ability to bring others along with them. both governments and individuals. so there is not only the funds of three of us combined but they have the stature, the eloquence, the experience to talk with maybe governments, maybe very wealthy individuals and corral hundreds of millions maybe billions of dollars additionally on this. >> rose: you would know better and better to speak about than they are beca

many come from foreign countries, uk, france, china india, all bender gender selection, so they come here to have it done. >> okay. >> how do you get this done. >> in vitrified fertilization? >> pick jeanedder? >> isn't it with invitro, you have multiple eggs, right fertilized? so pull off the a or b or whatever chromosome it is? >> ya. >> is that right? >> well, i'm in the a doctor. >> what do you think about that? >> i don't know, like are we playing god that whole debate whether it comes to stuff like this? what do you think? >> at least they chose a girl, because a loft times them ' choose a boy. >> but do you have feel for those families though who have like remember, we did this, this woman had like eight kids all boys, and hoping that the ninth one would be a girl. >> and it wasn't. >> and it wasn't. she has to feel for families. >> nine boys. wow. >> but to take it, $100,000 -- >> i don't like it. >> a lot of monday. >> i two year old in colorado decides to re-paint his house and herself. >> oh, my goodness. so says nursing her son when she noticed her daughter was a little t

which country has the most unesco world heritage sites, china, india, the united states or italy.l you the correct answer. >>> this week's book is "being nixon, a man divided" by evan thomas. in a review max bood describes nixon as the oddest man ever to occupy the white house, and that might be an understatement. the veteran journalist, echvan thomas provides a highly illuminating study of the psychology of this man. the correct answer to the gps question is d. italy holds the record for the most unesco world heritage sites with 51 in all. china is next with 48 and spain, france and germany round out the top five. the united states ranks tenth with 23 sites. thanks to all of you for being part of my program this week. i will see you next week. >>> happening now in the newsroom he's done it again. one of the most notorious drug kingpins in the world on the run after escaping from a mexican prison a second time. the jaw-dropping details on how the cartel leader known as el chapo, got out. >>> then donald trump triples down with another plan to tackle illegal immigration. >> so i ha

china on tuesday. erdogan saying -- [indiscernible] eadlyons have led to does clashes. nestle indiaesday after that controversy over safety, recalling a product in may after authorities found excessive levels of lead. more than $2 billion have been wiped off its shares. we will get a better picture when samsung electronics reports earnings thursday. the company warning that supplies for its handsets may see a mess. also feeling the effects of that mers outbreak. friday, the executive board meeting in kuala lumpur to decide which city will host the 2022 winter games. the president said it won't be an easy decision. also this week, trade ministers from 12 pacific countries are gathering in hawaii to agree on the tpp. it aims to create a broad pact accounting for 40% of the world's trade. it is attracting plenty of criticism, as paul allen explains. paul: the setting looks idyllic. the negotiations probably won't be. after five long years, the united states hopes a breakthrough will come this week in hawaii. representative michael froman says the countries involved are keenly focused o

a lot of it is in china, india and other places.e p5-plus-1 agreement is rejected by the united states i don't think we can rely on those other countries on keeping that money locked up. so i think we have to keep it in perspective, it is a serious issue. we have made the commitment to continue designating like we did last week additional hezbollah actors, we will continue to do that, we have sanctions and secondary sanctions in place. we will double and redouble our efforts on that. but that's not a reason not to have an agreement to make sure that iran doesn't get a nuclear weapon. >> also i would underscore if you look at their activities they are not capital intensive. what they have been doing with the houthi and what they have done over the years, so i think that our objective here was to make sure they can't have a nuclear weapon and secondly to work with our allies and friends in the region in order to do a greater job, a much better job of pushing back against those activities. and i am going at the end of this week i'll be

china? india? the united states? or italy.u the correct answer. >>> this week's book is "being nixon, a man divided," by evan thomas. in a review he describes nixon as the oddest man to ever occupy the white house. the veteran journalist provides a highly intelligent, illuminating study of the psychology of this man. it is a terrific read. >>> the correct answer to the "gps" question is d. italy holds the record for the most unesco world heritage sites with 51 in all. china is next with 48. and spain, france and germany round out the top five. the united states ranks 10th with 23 sites. thanks to all of you for being part of my program this week. i will see you next week. >>> donald trump dominating headlines while suing univision. how is spanish language media covering trump's anti-immigration message? >>> plus the most anticipated book not only of the year but of the decade. did 89-year-old author harper lee even want it to be published? new information this morning from a journalist who met with lee a few days ago. >>> what

india? is it russia or china? >> actually both. needs russia for uranium but it does not have enough sources of uranium. there have been long-standing relationships between china and india. india needs chinese help for infrastructure and needs the chinese for invest months in the road and power and port sectors in terms of capital but also capacity. india and china have been warming up to each other despite any issues. tom: it's great imagery and every thing looks great but should u.s. investors focus on brics or whatever the next one will be? >> we were talking about how much correlation on multiple levels exist to train these 4 countries. they are all important parts of the global economy but they are moving to very different rhythms amongst each other. india has much less of an export story and more of a closed economy. brazil is a huge exporter of iron or. russia has its own specific issues going on being a country run by vladimir putin. i wonder whether the brics acronym is relevant anymore. they are all big countries but so is

they will have competition not only from neighbors like germany but also china and india. stuart: there are disappointing results in fact for twitter. stephen: is not the results themselves but the comments by the ceo. they company's warned that slow growth in users could hit advertising. shares for more than -- shares fell more than 11%. >> much of the disappointment of her twitter's results could be summed up in 140 characters or less. the firm says user protest day -- >> this is unacceptable and we are not happy about it. over the past few weeks i have a deeper understanding of where we need to focus our attempts. >> quarterly revenues were just over $500 million, a 61% rise from the year-earlier earlier, exceeding downbeat expectations. twitter has seen almost no growth in core users. people either get the platform on the web or the yet the app. there are fears that the slowdown could hurt advertising sales. the latest figures show a 12% rise in the simple joke, but only one person increased from the first quarter. there is a steady downward trend since the company wen

>> translator: as you know, myanmar lies between two economic powers, china and india. need to maintain friendly relationships with them as they are developing. myanmar's democracy is in progress. we believe that china will accept our policy of having diplomatic relations with various countries. as we have democratized, investment from china has increased. >> and what is the role for japan? what form of cooperation or investment for myanmar does -- would you expect from japan? >> translator: the areas where we want investment from japan in particular are roads, bridges, power, industrial zones, gas, and other infrastructure projects. we also want japan to build plants to provide job opportunities for our workers. >>> members of an opposition party in japan have come up with a counterproposal to government-sponsored security bills. leaders in tokyo want to expand the role of the country in self-defense forces and allow japan to claim its right to collective self-defense under certain conditions. >> if conditions are met, we want to submit our proposal to this special com

this is a lot about china and india. 40% of the world. if neither china nor india. ous national programs global efforts on china's -- on climate change will be obliterated. brendan: what can be done to affect change in these two countries? richard: can we adopt -- can we help them adopt trajectories that are beneficial? by 2030 they have said they will cap emissions, but we do not know at what level. so we have to get china to move with specificity, get india to move somewhere, and that means to help with the development but in a responsible way. tom: we have a plunge with brent crude 50.80. in the next hour, on china peter orszag, most importantly on the nation's budget. peter orszag in this 7:00 hour. this is "bloomberg surveillance ." ♪ ♪ ♪ ♪ get excited for the 1989 world tour with exclusive behind the scenes footage all of taylor swift's music videos interviews, and more. xfinity is the destination for all things taylor swift. this is a great place to work. not because they have yoga meetings and a juice bar. because they're getting comcast business internet. co

>> it's sitting around the world in countries like china and india and many other countries. >> chinaindia japan, and even taiwan and uae, those banks? >> correct. >> therefore, if we denied the lifting of economic sanctions that money is in the hands of foreign banks. what in your professional opinion is the likelihood that money would be released to iran? >> it's iran's money tied up because of sanctions, and it's from oil and it's gone into foreign accounts and sitting there. if this deal were to be rejected and the question is what do those other banks do. i don't think they will feel bound to hold the money the way they have held it in an escrow away from iran, and without a nuclear agreement some of the money will start to go back to iran if there is no agreement. >> if this agreement is rejected. >> to recapitulate then, if we were to reject it the money is likely to flow because its in the hands of foreign banks that would not be compelled''s in the hands of foreign banks that would not be compelled' to hold it. >> we can't lock it up directly. we need the cooperation of other

boost the shanghai cooperation organization's influence by strengthening their ties with china, and promoting india and pakistan. >>> vietnamese state media report one of their country's fishing boats have sunk in the south china sea. they say it was rammed by a ship at the islands both countries claim. the newspaper says the boat was operating near the parasol islands. it encountered two chinese ships, it got rammed and went down. it said all 11 crew members got rescued by vietnamese fishermen working nearby. vietnamese fishing crews have experienced frequent chinese harassment near the parasols. the country's media reports six boats have suffered damage since last month. >>> mission controllers from japan and the united states have been practicing docking ahead of next month's launch of a cargo ship. an unmanned japanese spaceship will lift off on august 16th to take supplies to the international space station. officials from the japan aerospace exploration agency plan to launch a rocket carrying the freighter kounotori-5 from southwestern japan. the transfer vehicle is scheduled to dock with the

we have got a paris conference on climate change coming up later this year, and if we can get china and indiand some of the other big countries to take a look at what we have already done, and finally get something global, that would start addressing what is going to be -- >> fixing everything? last 18 months, fixing everything? >> that's my goal. yes, basically. >> the president lamenting the fact that stewart is leaving "the daily show" before he is leaving the white house and joking about issuing an executive order demanding stewart to stay. he joked that executive order was tied up in the courts. >>> new information about the family of the tennessee gunman who murdered five u.s. servicemen. why his uncle is now being detained, next. [baby cooing] your baby looks at the world... ...through those delicate little baby lashes. and one of those chubby baby hands... ...latches onto your finger so hard... it's like she's saying i love you. that's why aveeno® baby lotions... ...active naturals® oat formula... ...is designed for your baby's sensitive skin. because, while you count each miraculous

and if we can get china and india and some of the other big companies to take a look at what we've already done. and finally get something global and start addressing what is going to be -- basically. >> jon: let me ask you a question about iran. whose team are we on? in the middle east. in iraq, we're fighting with iran against sunni isis but in and saudis. >> that's not quite right. [laughter] >> right now we're going after isil and we've got a 60 country coalition and that's our top priority. but with respect to iran. they're an adversary. anti-american, anti-israel, they sponsor terrorist organizations like hezbollah. you don't make peace with your friends. so the issue here is do we want them having a nuclear weapon and the answer is no. the question is what's the best way to do that. and the deal we put together i can say that iran will not be able to get a nuclear weapon. we cut off the four major pathways for getting a nuclear weapon. we have international unanimity around an inspection regime and a verification regime that is unprecedented. we've got mechanisms in place to make su

. >> in china and india and other places. >> china india and japan and even taiwan and uae, those banks >> correct. >> so therefore if we denied the lifting of economic sanctions, that money is in the hands of foreign banks. what, in your professional opinion, is the likelihood that that money would be released? >> well just to be clear -- >> to iran? >> it is money tied up because of iran. it is money -- they have sold oil and it is tied up in accounts and it is sitting there. and if this money is rejected, the question is what do the other banks do. i don't think they'll feel bound to hold the money the way they've held it in a escrow away from iran, i think without a nuclear agreement, some of the money will start going back to iran if there is no agreement. >> if this agreement is rejected. >> so to recapitulate then, if we were to reject it the money is likely to flow because it is in the hands of foreign banks that would not be compelled to adhere to the united states wishes at that point. is that correct? >> right. and we do obviously have sanctions we could impose in other ways

including countries like china, india, japan south korea and taiwan. reporter: this separate deal the government of iran has with iaea, if i'm a wavering member of congress if i'm on the fence as a democrat, and i want to see more than just, you know, the assurances that you're giving me about what's in this particular deal, is it a nonstarter? can i as a congress whan who is wavering say i'm not going to support this deal unless i see what's in the iaea deal with the iranian government, is that a nonstart her mr. earnest: my response to that wavering member of congress is, in a classified setting we're map by to tell you exactly what's included in that deal. it's an agreement between the iran and iaea. we know exactly what's in it and we'll tell you in a classified setting so you can determine whether or not it's consistent with the deal we described. reporter -- reporter: so yes or no. if they say i want to see the deal, the answer is no? mr. earnest: our response is we're happy to tell you exactly what's in it. report every: the question on the supp

. >> this is a lot about china and india. if neither china nor india adopts serious national programs, global efforts will be obliterated. >> would like for them to meet political professionals to make sure they are all aware climate change exists. matt: are they not allowed to talk about it in official members? coming up, look up any list of the worst airports in the world and it is sure to be there. stephanie: stick with us. ♪ matt: late or canceled flights crowded terminals. you name it, laguardia scores high in the list. it ranked number one in the airport frustration index. vice president joe biden did not mince words about what he thought about the airport. joe biden, if i blindfolded someone to want to talk in the morning to the airport in hong kong and said, where do you think you are, and said, this must be america. it is a modern airport. if i took you blindfolded to water you -- the laguardia airport in new york, you would think you were in a third world country. matt: george is at the institute for mobility. apple