. ♪ >> users of the most popular payment card in china can now make purchases in the apple app store. unionay has a monopoly on tank card clear it -- on bank card clearing in china. will it help apple win more customers? joining us is the ceo of a provider of western intelligence brands. this is an interesting deal. we know apple and tim cook and jack maher have been speaking. what is the significance of this? >> it is much more important today. when you think about what china union pay is, it is a clearing house for 4.5 billion cards. it gives chinese consumers access to the itunes store, much like we have access here in the states. rather than going through some cumbersome process -- it is as simple as it has been here in new york. >> what is the fundamental difference for the way people in china are paying for what they buy? i am always struck by europe versus the u.s. >> china was traditionally a savings culture and not a credited economy. people typically paid for crash. -- for cash. in the last decade we have seen the rise of the credit culture. we are now middle class and upper middl

apple struck a deal with china union pay for one cap purchases. union pay has a monopoly on bank card clearing in china and has issued more than 4.5 billion credit and debit cards around the world. will it help apple win even more customers in the world's most populous country? brian buchwald, ceo of a provider of business intelligence for western brands looking to succeed in china joins me. this is an interesting deal. we know that apple, tim cook and have been talking, but what is the significance of this? >> this is a nice surprise and i think it's much more important pay deal.n even and ali it's basically a clearing house for about 4.5 billion cards and gives chinese users access to the apple store like we have in the states. rather than having to go through a cumbersome process to buy and leverage and cap, it's as simple as it is for us in new york and san francisco. >> what is the phenomenal difference between the way people in china are paying for what they are buying, whether it's in stores or online than the u.s.? i'm always struck by eur

also china ready, the hilton los angeles serve add chinese style breakfast, massey's also accepts china's union pay car, and universal studios offed their back lot tour in mandrin. catering to tourists has never been more critical, a report from the los angeles economic development corporation finds tourism from china nearly yeah controlled from 158,000 in 2009, to 570,000 visitors in 2013. the surge is fueled in part by china's emerging middle class. 400 million strong and growing and the newly affluent chinese want to travel and spend money shopping. >> why not come here? they like going out to see the world, to buy things. >> the irony is that much of what the chinese tourists are buying here in los angeles is made in you getted it, china. but it is significantly cheap tore purchase it here by as much as 50%. >> they are looking for authentic purchases in designer labels that represents that western experience because that's what they are connecting to more than anything, this culture that we have in california. >> chinese tourists in southern california buying into and bringing home, a piec

macy's also accepted china union pay card. catering to chinese tourists has never been more critical. a report from the los angeles economic development corporation finds tourism from china nearly quadruppled from 570,000 in 2007 tto 570,000 in 2013. and the affluent want to come for shopping. >> why not come here? they like to go out and see the world and buy things. >> the irony much of what the chinese tourists are buying was made in, you guessed it, china. but it's cheaper to buy it here by as much as 50%. >> they're looking for authentic purchases and designer labels. that's what they're connecting to more than anything, this culture that we have in california. chinese tourists bringing home a bit of the luxury lifestyle that they made in their own backyard. >> coming up on al jazeera we heard the political debates on the keystone pipeline. now we'll get the real facts behind the talking points. also, the window washers rescued from the world trade center talk about what was going italy thorough mind as they dangled 68 sto

massey's accept's china's union pay card. universal studios offers their back lot tour in mandarin? ering to kichinese touris has never been more critical. a report finds tourism from china nearly quadrupled from 158,000 in 2009 to 570,000 visits in 2013. the surge in chinese travelers is fueled, in part, by china's emerging middle clts. 400 million strong and growing. the newly affluent chinese want to travel and spend money shopping. >> why not come here? okay. they like going out to see the world, to buy things. >> the ironis that correct much of what the chinese tourists are buying here in los angeles is made in -- you guessed it -- china. but it is significantly cheap tory purchase it here, by as much as 50%. >> they are looking for authentic purchases and designer labels that represents that western experience because that's what they are connecting to more than anything is this culture that we have in california. >> chinese tourists in southern california buying in to and bringing home a piece of the american lifestyle with luxury goods made in their own backyard. jennifer lon

china? european union comments. mario draghi comments, what is it? >> the chinese is the most important. on a 40-basis-point move is a real number, that has a positive income and one economy we've been pretty much worried about, there's always been, can we depend on data? what are they doing? this is going to help a lot, especially if it gets real estate going again. david: i look at it differently, people were buying into u.s. equities because they're worried about china, worried about the central banks in japan, what they're threatening to do in europe. the markets today were betting on u.s. equities because our central bank is pulling back. their central banks are putting in. that's how i see it. do you see it that way? >> i do. i think what you and i see, everyone is falling in the bernanke playbook, saw what u.s. did with interest rates, quantitative easing and they said this looks pretty simple. we do that and our economy is going to do better and our economy is going to come out of recession, and our asset prices are going to go up, stock market is going to go up. it's not that ea

it had support from the soviet union and china at one time. it came to prominence in the 1970s with a string of spectacular high jackings, including this. in which passenger jets from pan am, swiss air and boac were emptied and bone up in front of the world media in jordan. >> it teamed with other groups, like the japanese red army and a german group. its association with the bataminehoff group resulted in a hijacking of air france flight 139. a commando raid rescued most passengers. in the 1970s, the pslp was the plos second-largest faction. its influence began to slip in the 1990s. with the decline of the soviet union, the rejection of the peace process, known as the oslo accord, and the ruse of groups like hamas. it is still a force. in 2001, during the palestinian infat arta, it assassinate a minister. it carried out a dozen attacks in israel and occupied territories. nothing as high profile as this latest attack. >> a spokesman for the group called the attack heroic, but didn't address responsibility for it. the mayor is urging residents

it had support from the sov yet union and china. the group came to power in the 1970s with a string of hijacks, including this one, in which passenger jets from pan am, and swiss air and bc were emptied and blown up in front of the union. in association with the group resulted in the hijacking in 1976 of air france flight 139 touingandsa. an israeli commando raid rescued most of those passengers, and then in the 1970s, the psop was it the fictionfaction. and then it began to slip in the 1990s. the registration, of the peace process, known as the oslo report, and the rise of groups like ham agency. but it still remained a force. in 2001, it assassinated israel's tourism minister. and since then, they have carried out more than a dozen attacks in israel and the occupied territories, but nothing as high-profiled as this latest attack. attack. a spokesman of the group called it heroic, but didn't address responsibility. and meanwhile, israeli leaders are urging residents to not take matters into their own hands. >> welcome. and give me

yind yeah coming on strong and china and former soviet union and the law of small numbers is importantere, right? because india's still a very small producer. china when you add up coal and everything else, they're the number one producer and followed only by the middle east. now, the next frontier, the arctic. earnst & young did an analysis. 67% of the oil is natural gas and expensive to get to. but if we need it, this's what's going to drive it. back to you. >> michelle, thank you. it's interesting the way in which even the tidal production boom, bill, analysts say oil prices to fall another 10 bucks to take off ththat offline. >> that's another day. >> yeah. >>> for right now, a little bit of selling coming in here. art cashin said $1.8 billion to sell into the close here but we have a major index rebalancing. what that means is seeing a lot of buying and selling into the close and some of that may be absorbed into that. right now the dow up 18. the s&p down a fraction. nasdaq's up 4 points. >>> coming up right after the close, we'll get earnings of hewlett-packard and david faber i

neutral and would like to maintain good relations with everyone, including russia, european union, united states and china. >> translation: during the short stay in serbia, we established the basis of our nation. >>> a pro-western party member quit. we have a report on the sacking of a minister. >> reporter: georgians have had plenty of politics to gossip about - dismissals, resignation and splits. tib lisy's market may be packed with souvenirs from the past. but the talk now is which future lies ahead. closer ties with the wet or rebuilding bridges with moscow. >> last week the foreign minister and other top officials resigned in protests at the firing of georgia's defence minister. and the corruption probed at his ministry. >> as more staff waited outside to waive him goodbye, there was a sign of how seriously the west took his dismissal. it was the united states ambassador, not the outgoing minister who emerged first. this is a man washington enjoyed working with. pro-n.a.t.o., pro-european and popular. mr allah sannia says his work with n.a.t.o. had gone too far for the leadership. someone thought the

china? >> they have been trained on the customs and know how to say basic phrases. most have hired chinese associates and they accept unionch is the china debit card and credit card and our whole shopping center is just china-friendly and china ready. >> in fact, much of l.a. is also china ready. the hilton serves a chinese restaurants. universal studios offers their backlot tour in mandarin. >> catering to chinese tourits has never been more critical. a report from the los angeles economic development corporation finds tourim from china nearly quadrupled from 158,000 in 2009 to 570,000 visitors in 2013. the surge in chinese travelers is fueled in part by china's emerging middle class, 400 million strong and growing. the newly affluent chinese wants to travel and spend money shopping. >> why nots come here? okay. they like to go out to see the world, to buy things. >> the irony is that much of what the chinese tourists are buying here in los angeles is made in -- you guessed it -- china. but it is significantly cheaper to purchase it here, by as much as 50%. >>> they are looking for authentic purchases in designer lakes t

this with the seize of bold, positive, assertive moves, arm control deal was the soviet union, the opening in china, shuttle diplomacy in the middle east. the result was that by 1973 people were dazzled by the energy and ingenuity of american foreign policy. john gaddies described it as one of the most successful reversals of fortune for american foreign policy in modern history. to achieve a similar kind of legacy, it's now time for a foreign policy presidency. for more, go to cnn.com/fareed and read my "washington post" column this week. and let's get started. >>> on november 9th, 1989, the east german minister of propaganda gave a press conference that was rather unremarkable until almost an hour in he shocked the world by saying that east germans could, quote, leave the country through east german border crossing points, unquote, effective immediately. that night the berlin wall began to fall. my next two guests were in the cockpits of power in the white house and 10 downing street and had to manage great power diplomacy through a period of unprecedented change. brent scowcroft was the national

cutting a deal with china reminds me of the old -- with the soviet union, where we did get them to stopuilding weapons. >> this is a big deal. it's a conceptual breakthrough. up to now china has been reluctant to pledge in details any cutback, and they'll grow and cap and come down, because we've already polluted our way to prosperity. they're still in the middle of doing so. the nations of the world -- >> what's the republican plan? >> there's no plan. they don't believe in science. you've got to this in your great intro, chris. the big point, are we going to have policies that are based on science and national throat. are we just going to read the bible and say everything will work out? that seems to be a pretty clear divide. that's really what's happening here, so when mitch mcdonnell gets out there, he doesn't have a plan. he has nothing to say about the science and the policy, says the partisan attacks, because dealing with climate change means dealing with coal. >> why does jim inhofe -- i know he's from oklahoma. why is he using the bible? why is he doing that? >> that's a jim in

union. critics say the strategy is too disjointed and china also has cutting-edge technology and manufacturing experience. joining us to explain the dod initiative and what it means i s one of t key architects, and deputy defense secretary bob worth. strategist, what are the biggest threats and trends that america's national security enterpriseust prepare for as it looks to the future? >> that's a good question. first our state powers. are both on the un security council, both have nuclea weapons, both have regional aspirations and some global aspirations. how do we deal with those two powers? that is going to increasingly take a lot of our attentio then there are nuclear powers and regional powers that want to powers.uclear one we deal with all the time, noh korea, and another, iran, has said they want to gain nuclear weapons. that's another issue. the third is transnational networks. you have a state problem, regional problem and .on-regional actors extremely difficult. later on top of all three are advancements happening at a very rapid pace. >> one of the leang questions about this innovat

tennesseehn k china became famous for his support of the federal union. in 1861, upon attempting to hold circuit court in his home state, he encountered a group of confederates outside of nashville who informed him that if he entered the city to hold court, they could not guarantee his safety. he left. when federal forces occupied nashville in early 1862, he came back as somewhat of a conquering hero to unionist in the city, and he did all the u.s. circuit sessions in the summer of 1862. georgia --ne of justice wayne of georgia earned the scorn of his fellow georgians for his faithful devotion to the union. dad -- dead, and others thoroughly but devoted to the union, that left one. bitter -- from his position as chief justice, he did all he could to support twart -- he -- voted against the constitutionality of lincoln's blockade of southern points. he drafted a hypothetical opinion challenging the constitutionality of the federal draft law should it come before the court. it didn't. he seeds over lincoln's emancipation proclamation. opposed to lincoln's p

china ready. what does that mean? >> they've been trained on the chinese custom, they know how to say basic stages. most hired chinese associates and accept union pay, which is the china debit cart, and the whole shopping center. >> much of l.a. is china ready. the hilton los angeles served a chinese style breakfast. macey's accepts the pay card. it offers the back lot tour in mandarin, macy's: catering to chinese students has never been more critical. a report from the los angeles development corporation found tourism from china nearly quadrupled from 158,000 in 2009 to 575,000 in 2013. the surge in chinese travellers is fuelled in part by china's emerging middle class, 400 million strong and growing, and the newly affluent chinese want to travel and spend money shopping. >> why not come here? they like going out to see the world, to buy things. >> the irony is that much of what the chinese tourists are buying in los angeles, is made in, you guessed it, china. it is cheaper to purchase it here by as much as 50%. >> they are looking for authentic purposes, and designer labels that represents that western experience because that's what they are

union. and their families >> president obama recently traveled tosia where he met premiere ping, to discuss how to improve relations. china is increasingly aggressive in the region, using its to woo someout nations and bully others into making territorial concessions. u.s. allies wried. their driving washington to step up its presence in the rion inkro increase cooperation with asia pacific partners. a newcome the author of paper, the south china sea. optionshim for the best washington has to engage the slow down china. >> basically the u.s. policy of the obama administration, which we suld say has its ante see s, going back to the end of the cold war, is characterized as a rebalce strategy. the rebalance,he president, in just last week, made a point of higighlighting t the economic aspects. is comprehensive. the serity piece of the rerebalance, much has beenade fact of u.s. forces in australia, more ships to mall ships, albeit, but the bigger part of the balance strategy is what thehe u.s. has come to call air-sea battle, which i think a better be assured access. but anyway, it's an attempt to china's aialt anti-access,

don't forget, nixon and kissinger went to china in 1972 to split china off from the soviet union and he thing that is made a more tripar tight world. this united states and china, two agreements signed i view that as positively. the markets this week, tyler, 58% bulls. highest number this year on this american association of individual investor survey coming out every single week. it is a contrary indicator. when everybody's super bullish, there's reasons to be so. retail sales, jobs, consumer confidence, manufacturing, industrial production. there's reasons for that. you see the labor market starting to tighten and very good because really this country's destiny is not just going to be determined by the top 20%. it is determined by the 80% who do a lot of the great work that's done in this country. >> david, it is hard to get you going, man. i can't -- i can't bring you out of your shell. there's something weird about it there. happy birthday! >> thank you so much. >> great to see you. >>> up next, coming right back with the closing countdown and wall street's biggest hedge funds wit

go to the moon the civil rights act, nixon saying we'll open relations with china, ronald reagan staring down the soviet union and the cold war ends without a shot being fired and you go to silicon valley, that's ada big idea, be disruptive. find new ways to do something that's unconventional. we're trapped in a lot of little ideas in this country at the moment and they don't seem to be serving anybody particularly well. you don't have anybody with an over a arcing race. ronald rake had a vision about restoration and american spirit. people back east who has not been in california like i have been, i says i don't know watch, this guy knows how to get at the american people. that's missing. now misterm elections are about local issues but we don't have in my judgment the big idea the country longs for something that will bring them together and excite them again about the american idea. >> rose: that person in the bull pit doris is the president. regardless whether the senate is republican or democrat and the house will certainly be republican, the president is at the whitehouse and he has the bullet pulpit. a

union. we have had anxiety expressed by investors in japan, china, and elsewhere about our future. it has not affected our membership. they are increasingly toxic in nature. immigration is making this more difficult. >> just a small point. to there giving lectures scots for wanting to leave and now they find themselves in this place as well. >> it is a contradiction. the conservative party thinks that the eu is beneficial. they have a problem with this being a clinical football. they are in a battle. that's what this is really all about. it is about getting reelected. that resonates with the electorate. had you fight that? you join the party. this is a problem that everybody has had. you do something to fight -- fight the more extreme parties. do we have any polls? if we were to go to vote now, would we exit? how are merkel's comments being played out in the press? >> this looks like winning that. they are taking seats off the conservative party. these guys defected from the conservative party to begin with. the threat to the conservative party is there. this is also a threat to th

stopped because selena gray confronted the union general and told him that these were objects critical to the history of the nation. >> among the objects, the china that george washingtonate from, paintings -- washington ate from, paintings and furniture. >> how is it that selena gray could approach a union general and reproach him. >> she had monumental courage to approach armed union soldiers, and a major general in the u.s. army, and tell them that they maded to protect the objects. >> selena and her family stayed at the estate throughout the civil war, and for time afterwards. >> general lee freed them before the emancipation prom lackation, and -- proclamation, and they pooled resources and brought land. selena gray's's legacy remains. the stories and mementos over liking the house ear >>> coming up next on this broadcast - why you won't see many new mcmansions popping up in l.a. any more >>> plus, now that the midterms are over, talk is turning to 2016, and the billions poured into this presidential race. >>> this is al jazeera america. i'm john seigenthaler. coming up, about a third of voters showed up at the polls for midterm elections. h

-china joint commitment following the european union leaders having 40% reduction towards commitment.k at the numbers. our report shows that last year's co2 emissions increased 2.6%, which puts it perfectly in line about 3.6, what should i devasting for all of us and of this growth, about 60% of the growth came from one country last year, which is china. sac at, a rather important issue every year that we follow very closely with policy recommendations is the fossil fuel subsidies for the consumers. in many countries, consumers at the pump station, and so on. artificially low prices come extremely cheap prices. much, much cheaper than their economic value. middle east countries, russia, and china, india, indonesia. but does this mean to put a subsidy to make the coal, oil and gas prices much cheaper than what the governments are saying. the governments are saying to their consumers, to their citizens, if you do so i will pay you money. all this to be giving money to make things much cheaper than what they are. use the energy -- use it as much as -- advice to mismatches can. this is a

china joint commitment in the european union to a commitment.k at the numbers the report shows last year commissions increased 2.6% which put them perfectly in line with a temperature increase which will help the implications for all of us in about 60% of the growth came from the one country last year which is china. second, the issue that we highlighted every year in the policy recommendations is the subsidy for the consumers in many countries to consumers at the station pay artificially low prices than the economic venue and the middle east countries and russia, india and indonesia. what does this mean to the subsidy to make the gas price is much cheaper than what they are and what the government are saying to the consumers and citizens please do the work and if you do so i will pay you money. or another translation would be to making things cheaper than what they are used the analogy as much as you can. but in line with the recommendations of others, some countries now are taking the prices as an opportunity to phase out subsidies. it is a ma

china syndrome likes art of. new highs for several of those stocks including southwest, union pacific and others.ice of oil this morning. $77. the cheapest gas in america, woodlands, texas, $2.30 a gallon. mcdonald's week sales again there. keith fitzgerald. come on in. $95 a share today. would you buy it at that level? >> for the first time in a long, long time, i would not recommend it. i do not like what i see here for the first time in a long time. stuart: how about ali baba? you watch a job for us. singles day has no meaning here. is it a big deal there? >> it is a completely fabricated holiday. they will probably double again by next year. i love that company and i love what they stand for. i would recommend it after a long time. i think it has a long way to go and it will rewrite the internet. >> president obama says he will do what he needs to do in regards to immigration. herman cain is with us. executive action is taken. the four or 5 million illegals can stay for another couple of years. what does that do to the legislative process? >> speaker boehner says it poisons the well, definite

we were worried about europe, worried about the soviet union, worried about china. even when we had a policy in the americas, it's often really been, well, we're worried about the europe and the americas so we have the monroe doctrine. the concern in latin america is often that they are a source of attention only upon crisis. there's an undocumented kids come to the border in big numbers, we go and work on that, those numbers abate, the attention kind of moves away, but the reality of kind of the facts on the grouped right now is canada is our number one trade partner, mexico is number two trade partner. you can see foreign policy go east/west axis. economic is north/south than it is east/west. if you look at who comes to this country, the people living our languages, spoken here, cultural is oriented around north/south axis. we will have talks with the heads of countries and talk about china and trying to do things and they'll say we feel more cultural affinity with the united states. we don't see a level of engagement so i would just, you know, put that on your sh

we were worried about europe, worried about the soviet union, worried about china. even when we had a policy in the americas, it's often really been, well, we're worried about the europe and the americas so we have the monroe doctrine. the concern in latin america is often that they are a source of attention only upon crisis. there's an undocumented kids come to the border in big numbers, we go and work on that, those numbers abate, the attention kind of moves away, but the reality of kind of the facts on the grouped right now is canada is our number one trade partner, mexico is number two trade partner. you can see foreign policy go east/west axis. economic is north/south than it is east/west. if you look at who comes to this country, the people living our languages, spoken here, cultural is oriented around north/south axis. we will have talks with the heads of countries and talk about china and trying to do things and they'll say we feel more cultural affinity with the united states. we don't see a level of engagement so i would just, you know, put that on your sh

divisive communist party, not quite as bloody as their counterparts in the soviet union and people's republic of china but there were a lot of intraparty struggles that we need to understand in order to really get a grasp of how hanoi leaders were able to lead the countrymen to war. and what a show under the general secretary as well as his right hand deputy, a man awarded the nobel prize along with henry kissinger so long ago, but they let what i call the police state by promoting the party. what they did was their number one target actually was ho chi minh and the cello, bitumen most closely associate with the flood leadership which were silenced a sleepy little moments during the vietnam war. basically those two men disagreed with the way he handled the war effort. in addition to sort of competing powers within the party leadership, they clamped on any antiwar dissent of which was a lot of in north vietnam. we hear of course i'm afterward the same in the other states compete with the will republic of vietnam but with north vietnam there's been what i show in fact there were many individuals who saw

union." the president's signed a climate change deal with china, is pushing trade with asian countries, candyrging ahead with his domestic agenda. is it too early to call barack obama a lame duck president? >> well, technically if it a lame duck is someone who is not going to take office the next time that office is open, he's a lame duck, but i think you answered the questions in the intro. i sort of while wait iing for y wrote down what the president has done since the electionses. he's decided to send 1,500 more traps to help train in iraq. he has come out and pushed the fcc for net neutrality to deal with the internet and internet servers. he is putting the final executive order on immigration, refusing to back down on the keystone pipeline. he got business done in china, went to myanmar and he went to australia. so he may be a lame duck, but he's running pretty fast. >> he sure is. let's touch a little bit more on immigration. you mentioned immigration reform among those things on his plate. the president says he is going it alone, but you spoke with the number two man in the senate on y

relationship with china, it is hedging bets coming with a transpacific partnership, which would create the largest trading bloc in the world. much bigger than nafta. much bigger than the european union. it would remove trade barriers between the u.s., japan, australia, canada, mexico. china has been left out of this. china doesn't want to be part of this right now. it's a thing where once you build it, china can come. it will be fine. it is playing into the idea that there are growing tensions between the united states and china. >> ali, is it standard protocol not to include china on the talks? >> no, but you know, we kind of spent the last 20 years building the entire trade infrastructure around china to the exclusion of a lot of other places is more to hedge your bets. if china sees fit to fit into this thing, china doesn't do this as much. china may see fit to fit into this later on, and that will mean making changes. china is making deals with russia and that suits russia just fine as everybody put sanctions on it. china is devising a new maritime silk road, so it will benefit more from trade in south asia and the east coast of africa, central asia, things like that. china is d

china. right now all the attention is around him. >> yes, that's a good point. lenin, famous mass murderer, who really got communism going in the soviet unionover to china, had a saying that i thought always resonated. if the rich are unhappy, it's their own fault. jack ma ought to be a little brighter. he's government the whole weight on his shoulders of china. show a little more enthusiasm. that was that moment in the thing where i just said, no, no, no, come on. >> we don't need to hear that. >> you're unhappy. geez, there's 7 million people on the planet kind of jealous of you. >> we have axalta open at post five. ipo today. we're going to talk to ceo charlie shaver. >> very controversial. ync >> why is that? >> axalta is the performance coating company of dupont. nelson peltz's team felt that dupont gave away this business. when you see the stock going up and the private equity guys obviously making a lot of money, it does resonate. now, in coleman's defense, the ceo of dupont, he's done well. you haven't done as well as pepsi co. i know nelson peltz. i believe sometimes declaring victory is great. just a tremendous gain. dupont, i mea

you rain, and we are eating russia has now declared that the european union and the united states are enemies of both russia and china. if you take those long-range bombers, in the contents of what is being said, it is pretty provocative. toy like we have a right have an aircraft in international waters, so we have to accept that and we have to send a message back to the russians. they cannot continue to wage this hybrid warfare without consequence or that his economic tensions and also means we have to consider putting, on a permanent basis, increased vote. on the baltics and , romania, those countries really at risk of russia trying to destabilize them as well. that is something we have to look at aggressively. andilliam cohen, chairman ceo of the cowen group, joining us from washington. always a privilege to have you on the broadcast. thank you for your time. coming up, we continue the weeklong look at risk. we look at how one company is joining the fight in the next generation of cyberattacks. "bottom line" continues in a moment. ♪ >> welcome back. we have breaking news this hour from dow chemical. let's go to ju

our relations as a country with china, with russia, with india, with the european union, which is not a state yet, and not in some cases not a state yet, japan, brazil, if you want to add others perhaps continental countries where the real sweep with strong economies are growing economies with real potential for the future, a potential to be rivals or partners. and our challenge, obviously, is in our foreign policy whether we can work to make one and not the other be the outcome of that relationship. it's not all diplomacy, but diplomacy has a lot to do with it and, in fact, can help in an important way. china is slowing down in its economic advancement. that should please some. it certainly isn't pleasing to the chinese. china is shifting some of its economic focus from export-driven growth to domestic demand-driven growth, and we should be grateful for that. we're concerned about chinese expansionism as we're concerned about russian expansionism. new elements perhaps on the scene and how and in what way we deal with them. it's critical in my view that with major countries that are p

cortese's loss is not good news for police or firefighter unions who worry about more cuts to their pensions from the new mayor at liccardo. >>> china rolled out the digital red carpet to welcome president obama to beijing. his motorcade traveled a ruby lit road to the asia pacific economic summit. the president donned a traditional silk robe as he greeted world leaders. he'll meet with the chinese leader tomorrow to discuss human rights and cyber theft. earlier today he took to the white house website to urge the fcc to he could the internet free and open -- to keep the internet free and open. >> whether you use a computer, phone or tablet, internet providers have a legal obligation not to block or limit your access to a website. cable companies can't decide which online stores you can shop at or which streaming services you can use. >> that is not what internet service providers wanted to hear. they want fast lanes where certain websites would work faster for a fee, of course. now many large websites including google oppose that plan. betty says.. google is buyi property. lots and lots of property. >>> think housing, rent, traffic

things i've been struck by its american foreign policy we were worried about europe, the soviet union, china even when we have a policy in the americas is than to worry about the munro doctrine. the concern in latin america is they are a source of attention upon a crisis. we work on the numbers and the attention moves away but the reality of the facts on the ground right now is canada is the number one trade partner. you can see foreign-policy going around but if you look at our economic activities probably much more north-south and east-west and if you look at who comes to the country of people living the languages or cultural traditions are so oriented around the north and south axis. we will have meetings with heads of state of south american countries that will tell us about the deep engagement interested in natural resource deals that we don't see the level of engagement so i would put that on your shelters going into that position. the flow of people was running south if something of saint augustine florida but we don't make that a primary focus of the foreign-policy and take advantage

union, is also in the midst of contract talks. a new climate change agreement between the u-s and china.issions in both countries over the next two decades. the announcement comes, as presient obama wraps up a trade summit in china. under the agreement. the u-s would cut between 26- to 28 - percent of the carbon emissions levels set in 2005. by the year 20-25. china would do the same by 20- 30. president obama hopes the announcement will encourage other nations to reduce their carbon emissions as well. the official start of winter is more than a month away. however. it has already started in the upper midwest. more than 2- feet of snow has fallen in michigan. northern wisconsin has as much as 18- inches of snow on the ground. and parts of minnesota have more than 16 -inches. forecasters say, the wintry weather is heading east. temperatures are expected to drop 15- to 20 -degrees below normal on the east coast, by the end of the week. and the freezing temperatures will likely reach as far south.as atlanta. was cloudy and cool around the bay area today and will bring rain tomorrow night cl

during that time, he pioneered the policy of dÉtente with the soviet union, workers who did the opening relationships with chinaand successfully negotiated the paris peace accord, which accomplish the withdrawal of american forces from vietnam for which he won the nobel peace prize in 1973 and parenthetically the gratitude of this young lieutenant in the united states army. thank you, mr. secretary. countless other honors in the presidential medal of freedom, medal of liberty and the national book award for history for the first volume of his memoirs, the white house years. his new book, "world order" is issued and comprehensive analysis of building international order in a world of differing is, violent conflict, burgeoning technology and ideological extremism. and it, you will learn about the westphalian peace and be led on a fascinating exploration of european balance of power from charlemagne to the present time. islam in the middle east, the u.s. interbrand, more publicity of asia and the continuing development of u.s. policy. in my business, the questions are often more import than the answers. secretary

railroad stocks hitting all-time highs today like federal express, union pacific, csx, and land star in part because of an assist from china when it announced 40 based rate interest cut. ours are at barely zero. charles payne has some actionable intelligence you can't miss. want to know what the brightest business leaders are reading and sharing? linkedin what they do is they keep track of the stuff. you can tell which competition consumes to try to stay ahead of the pack. wait until you hear the topics. we'll point out the hottest stories. liz: different parts of the country wanted different things from the president's immigration plan. and when he laid out that plan that could protect as many as 5 million immigrants from deportation, there were some main points that different sectors powpsed on. according to the white house, crack down on illegal immigration at the border. deport felons not families. criminals not children. buzzword. increase accountability so undocumented immigrants can play by the rules. streamline immigration. it's now in congress' court to finish the job. did the executive action do enough to support

our relations as a country with china, with russia, with india, with the european union -- which is not a state yet and not in some cases not a state yet -- japan, brazil, if you want to add others, perhaps continental countries where the real sweep with strong economies or growing economies with real potential for the future, a potential to be rivals or partners. and our challenge, obviously, is in our foreign policy, whether we can work to make one and not the other be the outcome of that relationship. it's not all diplomacy, but diplomacy has a lot to do with it and, in fact, can help in an important way. china is slowing down in its economic advancement. that should please some. it certainly isn't pleasing to the chinese. china is shifting some of its economic fs

union soldiers and mcdowell and told them that these were mrs. lee's things and these were george washington's objects, objects critical to the history of this nation. >> among the objects the chinat george washington ate from, window draperies paintings and pieces of furniture. >> how was it that selena gray an enslaved african american woman could approach a union soldier? >> she had a monumental courage as an enslaved african american woman to approach soldiers and a major general in the u.s. army and tell them that they needed to protect these objects. >> i can imagine this middle aged african american slave going up to this commander and saying what? >> general mcdowell actually wrote in his orders that he was approached by an african american slave who told him of the importance of what was in the house. he immediately reacted, secured the house, and eventually, he went through the house, most likely with selena gray, and identified those washington treasures and had them all shipped to the patent office downtown for safekeeping for rest of the civil war. >> even before the photographs surfaced, there was already quite a bit known about selena gray. >> selena was mrs. lee's

union grove. >>> vice president joe biden will take part in the wreath laying ceremony on this veterans day. since the president is in china, ceremonies will take place at war memorials at the capital today including the world war ii memorial. >>> dirt, grime and stain. the agency that manages atlantic city international airport says that airport is in worst shape than any other of it facilities. >>> a big day for this new york doctor who tested positive for ebola. he is now clear of the virus. >>> certainly not clear weatherwise this morning. low clouds moving into the philadelphia area and some areas looking at dense fog and it's chilly with temperatures in the 30s and 40s at 5:39. steak & eggs. steak & eggs! steak & eggs. steak & eggs? steak & eggs. boom. dunkin's angus steak and egg sandwich is oven-toasted and made with angus beef. make today a steak & egg day. america runs on dunkin'. >>> nbc 10 first alert weather with meteorologist bill hen lae. >> temperatures are coming down this morning and we're watching fog form. some areas of very thick fog, especially in new jersey. but a mild afternoon and the fog disappear