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Feb 17, 2012
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christine? >>> hey, ross, over in japan the cabinet has apparently author e authoriz authorized the prime minister's plans to double the sales tax by 2015. the tax height is part of noda's fiscal reform meant to fund growing social welfare spending. for the passage to parliament will face opposition from lawmakers many including members of his ruling party are determined to choke off the prime minister's moves and force an early election. japan's finance chief says the government plans to submit the bill next month. well, still in japan, b 0 oj chief is now saying it's going to take a while before japan can reach its 1% consumer inflation target. his comments suggest the central bank could keep monetary conditions ultra loose for a protracted period. the boj has released minutes of its january meeting which showed some board members blaming europe's debt problems. others said monetary easing from various countries contributed to the local currency's highs. >>> still to come, we'll be joined by o
christine? >>> hey, ross, over in japan the cabinet has apparently author e authoriz authorized the prime minister's plans to double the sales tax by 2015. the tax height is part of noda's fiscal reform meant to fund growing social welfare spending. for the passage to parliament will face opposition from lawmakers many including members of his ruling party are determined to choke off the prime minister's moves and force an early election. japan's finance chief says the government plans...
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Feb 1, 2012
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christine. >> yeah. thought for a while that, really, as i said a moment ago, it seems crazy that large stocks around the world aren't traded 24/7 or merely 24/5. i think we will see the rise of the global stock market. it may be centered around other markets or derivatives. i think really here, the nyse and the germans probably need to go back to the drawing board, work out what the commissioner doesn't look and maybe do a work around. because i think the future for these markets is global. there are going to be a whole lot of markets dealing with a lot of stocks. maybe that's the forecast, but that's the way i think the world is going. >> thank you for talking to us, with richard. love it. ross. >> thanks for that, richard. we still have another hour of programming to go. jackie joins us as she does from the united states every day. hi, jacks. good to see you. what's coming up? >> good morning, guys. still to come on the show, the world's largest social network is going to the market with facebook repo
christine. >> yeah. thought for a while that, really, as i said a moment ago, it seems crazy that large stocks around the world aren't traded 24/7 or merely 24/5. i think we will see the rise of the global stock market. it may be centered around other markets or derivatives. i think really here, the nyse and the germans probably need to go back to the drawing board, work out what the commissioner doesn't look and maybe do a work around. because i think the future for these markets is...
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Feb 27, 2012
02/12
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christine la guard has put a different issue on this. how do you see the dangers of the collective rush, particularly in the euro zone now? everybody consolidating at the same time. why do you think this is going to work? >> well, i think the issue is debt. we are recovering from balance sheet recession and and let me speak about the uk. i became the finance minister when the country had an 11% budget deficit. this is the largest deficit that britain had run since the second world war. i think you've seen over the last 18 months countries that have not been able to put forward convincing markets and have seen their market rates go up, have seen the problem -- again, it's getting worse on them and they are having to do more austerity than what they would have done at the beginning. and i think what we've done in britain has achieved two things. one, it has kept those market rates low but it's also prevented a spillover into our financial system. britain is the home of one of the largest global financial centers. the home of one of the wor
christine la guard has put a different issue on this. how do you see the dangers of the collective rush, particularly in the euro zone now? everybody consolidating at the same time. why do you think this is going to work? >> well, i think the issue is debt. we are recovering from balance sheet recession and and let me speak about the uk. i became the finance minister when the country had an 11% budget deficit. this is the largest deficit that britain had run since the second world war. i...
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Feb 9, 2012
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christine? >>> well, of course we're focusing on what's happening in china. we have latest inflation data today. dampening any hopes any immediate policy easing cpi this january hit a higher that expected 4.5%. january's increase has been attred to a shopping frenzy over the lou that aunar new yea. they cite moderation in january's ppi data. eric, what do you make of that number? should we pay any attention to it? >> a little bit of economics for you. i know it's early in the morning for this kind of thing but china is a catch-up economy that's in a fixed kurp si with an advanced economy, the u.s. it is fixed against the u.s. what that implies is china should be running substantially higher inflation than the u.s. is running. i think higher inflation in china is be to be welcomed. it's not to be resisted. the fact that they're resist in it and likely to resist it by, you know, having no further easing in monetary policy in china suggests to me that what they're playing for still is this game of
christine? >>> well, of course we're focusing on what's happening in china. we have latest inflation data today. dampening any hopes any immediate policy easing cpi this january hit a higher that expected 4.5%. january's increase has been attred to a shopping frenzy over the lou that aunar new yea. they cite moderation in january's ppi data. eric, what do you make of that number? should we pay any attention to it? >> a little bit of economics for you. i know it's early in the...
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Feb 20, 2012
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christine? >>> thank you very much. coming up next on "worldwide exchange," numbers out of japan show record hitting deficit in exports to china in january, stung by the strong yen. will japan exports market recover? >>> this is "worldwide exchange." the headlines today from around the globe, the day, has it come? eurozone finance ministers are expected to give the green light to greece's second bailout package but work remains to be done to try to make the numbers add up. >>> the central bank cutting reserve requirements for lenders by 50 basis points and the pboc's first rrr cut this year. japan posting its worst trade deficit as japanese goods slump and s&p warning of a ratings down grade if tokyo fails to control its growing public debt. >>> and brent hits its highest level in eight months after eirn holds talks. you are watching cnbc's "worldwide exchange." we like the dramatic, of course, with christine. becky is us. we have an extended program going for three hours, of course, because the
christine? >>> thank you very much. coming up next on "worldwide exchange," numbers out of japan show record hitting deficit in exports to china in january, stung by the strong yen. will japan exports market recover? >>> this is "worldwide exchange." the headlines today from around the globe, the day, has it come? eurozone finance ministers are expected to give the green light to greece's second bailout package but work remains to be done to try to make the...
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Feb 15, 2012
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this is christine. what do you make of news that china is going to in vest in more euro-denominated assets. i mean no details are given so far, but we seem to be getting some support from the chinese to help out when it comes to the eurozone crisis. >> my take on that for china is they're acting the good citizen. it's in everybody's interest, as your previous guests were saying, to see if you can get the ball over the line as far as greece is concern. so i suspect that what's happening here is that china's showing -- willing, showing they're being a goodst extend kind of thing. as for a lot of follow-through in terms of a relatively poor country on a per-capital income basis, spending a lot of money to bail out some quite rich countries, i think that's a stretch. >> that will be a good system. it ought to be interesting to have a viable alternative to the dollar, isn't it? >> yes. but don't you think there's an element to being a good citizen. >> yeah. i don't know. nick, stick around. plenty more to co
this is christine. what do you make of news that china is going to in vest in more euro-denominated assets. i mean no details are given so far, but we seem to be getting some support from the chinese to help out when it comes to the eurozone crisis. >> my take on that for china is they're acting the good citizen. it's in everybody's interest, as your previous guests were saying, to see if you can get the ball over the line as far as greece is concern. so i suspect that what's happening...
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Feb 3, 2012
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. >> julian, hi, this is christine here in asia. how supportive is the latest china services pmi data? a little bit mixed but all in all it says china could possibly avoid or most probably will avoid a hard landing. is that your view as well? >> i think the situation for china is start to go get a little bit better. we have to be very careful about the numbers coming out for january because cheerily the chinese new year did happen at an earlier stage this year and that could definitely be depressing the activity related indicators and that was apparent in today's service data and also in the manufacturing data so, therefore, we are going to see china still showing moderate expansion particularly for the industrial sector as we go for this year. chinese economists would point out there is a new fiscal stimulus which they would estimate to be around 1% or 2% of gdp coming forward. it really helps support the economy. at the same time i think western investors are going to be very concerned still about the potential overhang of constru
. >> julian, hi, this is christine here in asia. how supportive is the latest china services pmi data? a little bit mixed but all in all it says china could possibly avoid or most probably will avoid a hard landing. is that your view as well? >> i think the situation for china is start to go get a little bit better. we have to be very careful about the numbers coming out for january because cheerily the chinese new year did happen at an earlier stage this year and that could...
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Feb 2, 2012
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chr christine? >>> thanks, andy. thanks, michala. here we're focusinging on german chancellor angela merkel kicking off her three-day trip to china with a long to-do list. here are the details. >> reporter: hi there, christine. yes, that's right. merkel l really pushed china on doing more to make iran drop its nuclear ambitions and the chancellor says she had, quote, long discussions with chinese leaders, president jintao and wen jiabao on the issue. merkel caught on broader cooperation between germany and china. she said beijing must have protection of its interlek turl property rights to ensure feign access to the mainland's markets. merkel also spoke about the debt crisis in a speech made earlier today she stressed that excessive debt was not only a europe problem but a global issue. >> translator: it is a problem of competitiveness. the currency union is not enough to have a political union. in the future more actions need to be taken. we should be united to help each other because currency needs are a joint protection. we need t
chr christine? >>> thanks, andy. thanks, michala. here we're focusinging on german chancellor angela merkel kicking off her three-day trip to china with a long to-do list. here are the details. >> reporter: hi there, christine. yes, that's right. merkel l really pushed china on doing more to make iran drop its nuclear ambitions and the chancellor says she had, quote, long discussions with chinese leaders, president jintao and wen jiabao on the issue. merkel caught on broader...
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Feb 11, 2012
02/12
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will, christine, always great talking to you.ou know so much about this, christine, it's great to get perspective on a complicated issue. >>> when it comes to growing the economy, the answer may be to think smaller. i'll explain to you next. ( whirring and crackling sounds ) man: assembly lines that fix themselves. the most innovative companies are doing things they never could before, by building on the cisco intelligent network. the two trains and a bus rider. the "i'll sleep when it's done" academic. for 80 years, we've been inspired by you. and we've been honored to walk with you to help you get where you want to be. ♪ because your moment is now. let nothing stand in your way. learn more at keller.edu. my sunglasses. [ tires screech ] ♪ oh, it was the first time i fell in love ♪ ♪ the first time i felt my heart ♪ [ man ] people say i'm forgetful. [ horn honking ] ♪ ...all through the night [ man ] maybe that's why we go to so many memorable places. ♪ [ male announcer ] the subaru outback. love the road you're on. oh, there's
will, christine, always great talking to you.ou know so much about this, christine, it's great to get perspective on a complicated issue. >>> when it comes to growing the economy, the answer may be to think smaller. i'll explain to you next. ( whirring and crackling sounds ) man: assembly lines that fix themselves. the most innovative companies are doing things they never could before, by building on the cisco intelligent network. the two trains and a bus rider. the "i'll sleep...
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Feb 29, 2012
02/12
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this is a time for the banks. >> christine? >> hi, this is christine. just to follow up, what rate do you expect this ltro -- which banks do you think will take up this? >> our estimation is 400 billion to 500 billion. there are some collateral effect, however, and we receive some division across the banks who say, no, we're not going do it and buy sovereign bonds. the larger banks, they're skeptic skeptical. the others, smaller banks, instead, are taking up much more, the banks in spand italy. they're increasing their southern debt. the italian banks 10% more over the same period. smaller banks have issued more than 40 billion of state-governed bonds themselves. so there's a bit of a fracture. also at the national central bank level, only national central banks are accepting loans at the collateral level i mean you mentioned the stats. have we made banks in italy and spain, have we worsened their risk profile because they've taken this money and gorged on more of their own government debt. unless you think we've cleared it, have we made the banks worse
this is a time for the banks. >> christine? >> hi, this is christine. just to follow up, what rate do you expect this ltro -- which banks do you think will take up this? >> our estimation is 400 billion to 500 billion. there are some collateral effect, however, and we receive some division across the banks who say, no, we're not going do it and buy sovereign bonds. the larger banks, they're skeptic skeptical. the others, smaller banks, instead, are taking up much more, the...
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Feb 16, 2012
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and the price for those companies isn't attractive. >> christine? >> this is christine. did i hear you say you are not bullish on emerging markets? i thought this is where all the growth is. >> i think long-term economic growth is an emerging market but is priced in to the extent of the excess returns. look at what's happened around the world, this is what the markets are telling us by the relative performance. and money is being flown out of the usa for ten years and had a started to turn. money has been going into emerging markets for ten years and that's now starting to turn. i think really the switch is emerging markets in asia to america particularly the tech sector. >> so when you hear companies like nestle trying to buy a stake in companies, can getting access to chain, for instance, would you approve of that or would you think -- would you err on the side of caution? >> absolutely. and leslie is very much in the group of stocks that i have a high opinion of. i think they are enjoying the global growth in asia but not exposed to the stock markets so you don't have
and the price for those companies isn't attractive. >> christine? >> this is christine. did i hear you say you are not bullish on emerging markets? i thought this is where all the growth is. >> i think long-term economic growth is an emerging market but is priced in to the extent of the excess returns. look at what's happened around the world, this is what the markets are telling us by the relative performance. and money is being flown out of the usa for ten years and had a...
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well you know christine the libya has definitely been talked about a lot at the at the united nations leading up to this vote because russia's been expressing huge concerns that the libyan scenario could repeat itself and it was actually saying that it does not want this possibility for months it's not just you know minutes or days before the international community sat down to vote and as we remember when the libyan resolution was being passed at the security council russia abstained from that vote and this time around it just felt like it would not be a wise thing to do because what we saw happen in libya was instead of a no fly zone being up lamented we saw a full blown military operation where is that time the international community was the same way trying to convince russia and the other countries that a military scenario is not being considered where in fact it obviously was and that's exactly what ended up happening real quick on the. u.n. ambassador susan rice seems today to be sort of on a campaign of finger pointing at russia and china but what are you hearing what is next.
well you know christine the libya has definitely been talked about a lot at the at the united nations leading up to this vote because russia's been expressing huge concerns that the libyan scenario could repeat itself and it was actually saying that it does not want this possibility for months it's not just you know minutes or days before the international community sat down to vote and as we remember when the libyan resolution was being passed at the security council russia abstained from that...
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Feb 10, 2012
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christine? >> good point to note. >>> china has released two sets of trade data today showing further signs of slowdown in the world's second largest economy. we've been talking about that with john woods as well, bits of it. tracey chang has all the at the tails for us. >>> china's january trade data soared, the biggest in six months. a slightly more than $27 billion. it was roughly $10 billion higher than analysts expected. in january plummeted to the lowest in 29 months while ex orts dropped to the worse level since november 2009. the markets had already factored in the impact of factory slowdowns over the lunar new year but the slowdown in global demand appeared to be far more worse than many had anticipated. the data highlighted worries about the pullback in china's domestic consumption but they are conscious about reading too much into january's figures because of the holiday factor. meantime, china's fourth quarter current account surplus, the broadest measure of the trade balance with th
christine? >> good point to note. >>> china has released two sets of trade data today showing further signs of slowdown in the world's second largest economy. we've been talking about that with john woods as well, bits of it. tracey chang has all the at the tails for us. >>> china's january trade data soared, the biggest in six months. a slightly more than $27 billion. it was roughly $10 billion higher than analysts expected. in january plummeted to the lowest in 29...
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christine freeze out here are tea. well switching gears a major announcement by fox business network they are dropping three of their primetime shows including the show freedom watch hosted by judge an apology for to watch was one of the top rated shows on fox business channel and so far there hasn't really been a reason given for the cancellation and according to a fox press release freedom watch will be replaced by re airings of shows run earlier in the day. i want to talk more about this but first let's take a look at a few clips of judgment that will give you a peak of his show and his you point in what he has done and in what he willed become the thomas jefferson of our day ron paul is one of us. but senators mccain and eleven of the added this legislation which would authorize the president to declare the entire united states of america all fifty states and all territories to be a battlefield the government of the united states shreds your rights every day it taps our cell phones it reads our e-mails it kills peo
christine freeze out here are tea. well switching gears a major announcement by fox business network they are dropping three of their primetime shows including the show freedom watch hosted by judge an apology for to watch was one of the top rated shows on fox business channel and so far there hasn't really been a reason given for the cancellation and according to a fox press release freedom watch will be replaced by re airings of shows run earlier in the day. i want to talk more about this but...
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christine romans has been watching that for us.000 jobs created in january. that's a surprise. people had expected it to be more like 140. you come in more like up here, soledad. it was 243,000 jobs created. we had positive revisions to december and november. more jobs created in december, november than we thought. also, widespread jobs growth except for the information sector. so along a lot of categories. professional business services up 70,000. leisure and hospitality were higher. health care, no surprise. we've been growing jobs in health care for a couple of years. trade, retail, manufacturing. manufacturing up 50,000 jobs, which is interesting. you've been hearing a lot of people talking about how manufacturing is slowly trickling back. 8.3% is the unemployment rate. 243,000 jobs created overall. i want to show you how that factors out because these numbers for this year are going to be so political. now you've got this. you've even got a couple of months back here that are better than we thought, too. some strong jobs growt
christine romans has been watching that for us.000 jobs created in january. that's a surprise. people had expected it to be more like 140. you come in more like up here, soledad. it was 243,000 jobs created. we had positive revisions to december and november. more jobs created in december, november than we thought. also, widespread jobs growth except for the information sector. so along a lot of categories. professional business services up 70,000. leisure and hospitality were higher. health...
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christine romans has been following the story. christine, this is so horrific. >> it is. out of her car going in to see their dad. he locks the door. won't let her in. and she smells gas. she tells the dispatcher that she could hear one of the little boys crying and that she can't get in. she doesn't quite know what to do. listen to one of her first calls. >> okay. how long will it be? >> i don't know, ma'am. they have to respond to emergency life threatening situations first. >> this could be life threatening. he went to court on wednesday and he -- he didn't get his kids back. this is really -- i'm afraid for their lives. >> of course she was absolutely right. and when you listen to another part of this call, another call after the house actually blew up, you can hear just how frantic she is. >> ma'am, listen. >> burning the house. >> do you know the exact address of the house? >> yeah. it's 8119, 189 -- >> okay. okay. stay on the line. >> do you know if anyone's in the house. >> yes. there was a man and two children. i just dropped off the children and he wouldn't let
christine romans has been following the story. christine, this is so horrific. >> it is. out of her car going in to see their dad. he locks the door. won't let her in. and she smells gas. she tells the dispatcher that she could hear one of the little boys crying and that she can't get in. she doesn't quite know what to do. listen to one of her first calls. >> okay. how long will it be? >> i don't know, ma'am. they have to respond to emergency life threatening situations first....
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. >> i'm looking for christine brewer. are you christine? >> yeah. >> hi.sweetheart -- >> they surprised christine at the salon where she works today. christine's boyfriend nominated her to win $700 worth of prizes. among other things, she won a hotel stay, dinner, jewelry and show tickets. christine is one of 12 winners. happy valentine's day, christine and to matt. >> wow. that's very nice. i wonder what she did. he must have written something really lovely about her. >> must have. >>> straight ahead on eyewitness news at 4:00. the hidden charges you need to know about if you use your debit card. >>> rebel forces, can a peacekeeping team end the violence? >>> and it's a mild valentine's day. don't miss your updated first warning forecast coming up. mine was earned over the south pacific in 1943. vietnam, 1967. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. be
. >> i'm looking for christine brewer. are you christine? >> yeah. >> hi.sweetheart -- >> they surprised christine at the salon where she works today. christine's boyfriend nominated her to win $700 worth of prizes. among other things, she won a hotel stay, dinner, jewelry and show tickets. christine is one of 12 winners. happy valentine's day, christine and to matt. >> wow. that's very nice. i wonder what she did. he must have written something really lovely about...
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Feb 7, 2012
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i don't know. >> chris, this is christine. the earlier guest, simon grose-hodge, said even though we do focus on what's happening in greece there is no way out of this. there are no growth measures, no way to fix revenues. when are we going to see an end of this? when are we going to see growth creeping back into the eurozone? >> i'm afraid it's going to take a long time. mario monte has done some deregulatory measures in italy which can help. when east germany joined west nerm any it took me ten years to overcome the problems and that's a normal time frame. the thing that worries me about greece is even with this enormous debt forgiveness they're on target to get 120 debt to gdp by 2020. it's way too high. a sensible number 60%. and of course portugal looks as though it will get a second bailout. it's hard to believe that won't happen next year and it's a very long, drawnout process. very difficult to deliver growth in austerity particularly when the economies are deleveraging as well. so i say a ten-year process to complete
i don't know. >> chris, this is christine. the earlier guest, simon grose-hodge, said even though we do focus on what's happening in greece there is no way out of this. there are no growth measures, no way to fix revenues. when are we going to see an end of this? when are we going to see growth creeping back into the eurozone? >> i'm afraid it's going to take a long time. mario monte has done some deregulatory measures in italy which can help. when east germany joined west nerm any...
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Feb 13, 2012
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christine? >>> carolin, japan clearly in focus gdp contracting more than expected in the fourth quarter. growth slipped to 0.6%, double what economists forecasted due to weak global demand, the unstoppable yen and thailand's devastating floods. the plan to double the sales tax. the drop could also add pressure on the boj to ease monetary policy. japan's central bank will announce its policy rate tomorrow. stephen isaacs from alvine. do you think the situation will get much worse if the crisis in the eurozone drags on? >> i'm fairly bullish so i hope that answers your question. the gnp growth for the whole of 2011 was 1.7% which is double the best year since 1995. so, i mean, that last quarter was particularly bad. there were a number of factors. i think you pointed out the thai floods and the pressure at that time from the eurozone was probably at its worst. i'm not sure one needs to be too worried. machinery orders for the same quarter up 10%. in a more comfortable environment worldwide, partic
christine? >>> carolin, japan clearly in focus gdp contracting more than expected in the fourth quarter. growth slipped to 0.6%, double what economists forecasted due to weak global demand, the unstoppable yen and thailand's devastating floods. the plan to double the sales tax. the drop could also add pressure on the boj to ease monetary policy. japan's central bank will announce its policy rate tomorrow. stephen isaacs from alvine. do you think the situation will get much worse if the...
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Feb 21, 2012
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>> reporter: thanks very much, christine. yes, it has been a troubling last couple of months for kingfisher airlines and things coming fast this weekend when they have to cancel a significant number of flights. in fact, they were summoned by the civil administration agency, the government of india, this morning to give a sense to the government about their flight restoration plan. we understand that what the kingfisher management has told the government in india is that they were hoping to resume no normal flights in the next four or five flights. this is debt burdened at this point in time, that is in it dialogue with lenders. a consortium of lenders. they are hoping to get at least 404 rupees in working capital. accounts have now been frozen by the income tax department of india and that has further crippled their operations and their compaapacity to even pay salaries for the employ xwres, so things are looking very difficult but it's not just kingfisher. the entire aviation sector in the country is bleeding at this point i
>> reporter: thanks very much, christine. yes, it has been a troubling last couple of months for kingfisher airlines and things coming fast this weekend when they have to cancel a significant number of flights. in fact, they were summoned by the civil administration agency, the government of india, this morning to give a sense to the government about their flight restoration plan. we understand that what the kingfisher management has told the government in india is that they were hoping...
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Feb 24, 2012
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christine, to you. >> totally, beccy. andrew, you heard what beccy talked about, giving us a six is-month chart as well. market gains are being capped on what's happening in the oil market. at what level would it start to choke off the global recovery? >> whoa, whoa, whoa. let's take a break here. united states at best is going to have very flat growth over the course of '12, well below its potential. in the case of europe, we do expect negative growth. we do expect a real recession. year to year the euro will shrink. japan had three quarters of negative and only one positive. every economy is slowing down from a very high level and a very modest basis. so really i can't see growth demand coming out from any of those economies. what we might see is the pressure on oil that has come partially out of the supply constraints and out 0 of the fact that demand has not dropped very significantly so i reckon the price of oil even if i'm looking at crude, let's say no more than 110 is just about there. now we enter into the comple
christine, to you. >> totally, beccy. andrew, you heard what beccy talked about, giving us a six is-month chart as well. market gains are being capped on what's happening in the oil market. at what level would it start to choke off the global recovery? >> whoa, whoa, whoa. let's take a break here. united states at best is going to have very flat growth over the course of '12, well below its potential. in the case of europe, we do expect negative growth. we do expect a real...
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Feb 15, 2012
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that's a really critical point here, christine.d sober. i've been in the dentist chair in the last 24 hours. and part of my recovery program from the dentist chair has been to take some pain pills. i always tell my doctors that i'm a person in recovery. while it's not bad to use mood and mind altering substances, prescription medications, the key is to use it in a way in which the doctor can monitor them. >> i think we have a screen that shows the number of deaths every day from overdoses, 100 people die every day from overdoses in america. if that were whales beaching themselves every day, 100, it would be a national epidemic that we would be trying to find out and get to the root to save these whales. as people, have we accepted the baseline that we have a drug and alcohol dependency problem and we manage around it? >> the most used and abused drug in america is alcohol. but what we at hazelden is encountering now and our friends in the field, prescription medications are a new and growing threat for people who are in recovery an
that's a really critical point here, christine.d sober. i've been in the dentist chair in the last 24 hours. and part of my recovery program from the dentist chair has been to take some pain pills. i always tell my doctors that i'm a person in recovery. while it's not bad to use mood and mind altering substances, prescription medications, the key is to use it in a way in which the doctor can monitor them. >> i think we have a screen that shows the number of deaths every day from...
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i'm christine you're watching our t.v. well let's start today with a look at the situation in syria that's really having an impact not just on the people inside that on that country but geopolitically in the way different countries view what is going on and also what needs to happen in response now you may remember just over a week ago a u.n. security council resolution was drafted calling on syrian president bashar al assad to step down proposal was vetoed by russia and china and since then the question has loomed about how to respond and what kind of outside response is necessary now today a meeting of the one hundred ninety three nation u.n. general assembly was convened to discuss the situation and to try to get that resolution pushed through many leaders also use the opportunity to publicly criticize the syrian government but other than talk it's uncertain if any action will come out of today's meeting our g. correspondent going to has been monitoring the meeting and joins me now from our studio in new york. i was out
i'm christine you're watching our t.v. well let's start today with a look at the situation in syria that's really having an impact not just on the people inside that on that country but geopolitically in the way different countries view what is going on and also what needs to happen in response now you may remember just over a week ago a u.n. security council resolution was drafted calling on syrian president bashar al assad to step down proposal was vetoed by russia and china and since then...
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christine it's great to hear from you and i think it's important to note that it is fox business network it's not a political that works so they were taking a very big chance with a show like just a pilot on his freedom watch so it's not your typical show you find out to see a b c or a business network so it was unusual and so you know they decided to replace it with a business program not just with any reruns but reruns of earlier business programming so that does make sense to some extent i'm a very good friend of just of politics i don't honor to say he's a buddy mike so i'm sad to see it go and i wish they had kept it on longer the show was certainly our eye opening it certainly was unusual it certainly was different there's nothing else like it on any american t.v. you love fox news in its libertarianism libertarianism of course is visceral conservatism and also socially liberal or moderate and and also for civil rights individual rights and personal freedom and economic freedom and really no other show quite touches on it the way just the politics of freedom watch so very sorry to
christine it's great to hear from you and i think it's important to note that it is fox business network it's not a political that works so they were taking a very big chance with a show like just a pilot on his freedom watch so it's not your typical show you find out to see a b c or a business network so it was unusual and so you know they decided to replace it with a business program not just with any reruns but reruns of earlier business programming so that does make sense to some extent i'm...
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christine? >> certainly a tragedy.u so much for that. >>> other stories making headlines. president obama urging congress to pass mortgage relief. he wants to make it easier for americans to refinance at these record low mortgage interest rates. under his plans borrowers could save, he says, about $300,000 a year. president also wants the mortgage process streamlined without the hidden fees. according to a survey conducted by united technologies about two-thirds of americans believe that banks should pitch in by absorbing the refinancing fees. >>> a salmonella outbreak that has made 68 people sick has been linked to taco bell, taco bell that operates 6,000 restaurants in this country says the source of the food born illness still has not been confirmed. >>> alzheimer's seems to spread from brain cell to brain cell like an infection, but it's a protein that is spreading. scientists say that the discovery has immediate implications for finding new alzheimer's treatments. they believe other degenerative brain developments
christine? >> certainly a tragedy.u so much for that. >>> other stories making headlines. president obama urging congress to pass mortgage relief. he wants to make it easier for americans to refinance at these record low mortgage interest rates. under his plans borrowers could save, he says, about $300,000 a year. president also wants the mortgage process streamlined without the hidden fees. according to a survey conducted by united technologies about two-thirds of americans...
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christine? >> hey, george, the basic concept behind the ltros is to give lending a boost and maybe that will filter down and give a real kick to the economy. in your opinion, is that likely to occur? >> not so. i mean, when the ltros first came in, we were trying to digest the effects after december. soon after that we had the fourth quarter bank lending survey from the european central bank which basically indicated what everybody feared which was this kind of crunch and freeze in the willingness of banks to lend to households and nonfinancial companies. now, since then we've had january money supply and bank lending data which indicate that the situation stabilized in january at levels which were as bad as they were in december although not worse. and i think this is the one area, although the ltros have been successful in averting this funding crunch in european banks and we all breathe add huge sigh of relief, the objective which is to kick start lending by european banks to households and c
christine? >> hey, george, the basic concept behind the ltros is to give lending a boost and maybe that will filter down and give a real kick to the economy. in your opinion, is that likely to occur? >> not so. i mean, when the ltros first came in, we were trying to digest the effects after december. soon after that we had the fourth quarter bank lending survey from the european central bank which basically indicated what everybody feared which was this kind of crunch and freeze in...
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>> well, hi, christine and ross. first off, i'm here to speak about all things jpmorgan, not about the competition. but as to the industry in general, i think it's breaking down to the haves and the have-nots. the haves are those that have the strong balance sheets, the financial wherewithal to continue to grow despite very fragile macroeconomic backdrop and still a lot of sketchiness and indecision around the regulatory environment for banks and financial services in general. the second component that they need to have which is a strategy, how do i move forward, and those are the banks moving aggressively into the emerging markets or have been there and have a presence. that's the part -- those are the banks you should be focused on and that will continue to come out of this and start to earn a premium by the stock market. >> andrew, we keep focusing, of course, on the potential in china, particularly for the bad loans and whether the bank system is strong enough until we stand any property market. what's the view o
>> well, hi, christine and ross. first off, i'm here to speak about all things jpmorgan, not about the competition. but as to the industry in general, i think it's breaking down to the haves and the have-nots. the haves are those that have the strong balance sheets, the financial wherewithal to continue to grow despite very fragile macroeconomic backdrop and still a lot of sketchiness and indecision around the regulatory environment for banks and financial services in general. the second...
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christine quinn will be joining us tonight. that is all coming up over the course of the hour. >>> but first, as ed mentioned, it is elect shun night again in america. sort of. bringing you results as they come t from the republican presidential primary in missouri, and from the republican presidential caucuses in minnesota and in colorado. at this hour, polls have closed >> conservatism is alive and well in missouri and minnesota. your votes today were not just heard loud and wide across the state of missouri and minnesota, but they were heard loud and louder all across this country, and particularly in a play i suspect may be in massachusetts. they were heard particularly loud tonight. >> if ever it was more clear this race is not yet over, that republicans are not satisfied to just pick mitt romney, here is yet another night of proof. joining us is the political news editor at salon.com. in your column today you wrote there's a real chance that tonight will belong to rick santorum. how did you know this might happen? >> that
christine quinn will be joining us tonight. that is all coming up over the course of the hour. >>> but first, as ed mentioned, it is elect shun night again in america. sort of. bringing you results as they come t from the republican presidential primary in missouri, and from the republican presidential caucuses in minnesota and in colorado. at this hour, polls have closed >> conservatism is alive and well in missouri and minnesota. your votes today were not just heard loud and...
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i'm christine and you're watching our t.v. . well protests in afghanistan today grew more violent and more bloody as anger and distrust for american there grows the protests are in response to a bunch of qur'an is being burned on air base and it has been met with quite a bit of violence there yesterday a man wearing a mill afghan military uniform shot and killed two american soldiers now most people know this but muslims consider the qur'an to be the literal word of god and treat each copy with deep reverence and desecration of course is considered one of the worst forms of blossom for me as soon after this incident was reported there have been another a number of apologies issued. from general john allen commander of the international security assistance force. i've ordered an investigation into a report i received during the night that i said personnel that bob remember base improperly disposed of a large number of islamic religious materials which included koran president obama also apologized in a letter he wrote to afghan p
i'm christine and you're watching our t.v. . well protests in afghanistan today grew more violent and more bloody as anger and distrust for american there grows the protests are in response to a bunch of qur'an is being burned on air base and it has been met with quite a bit of violence there yesterday a man wearing a mill afghan military uniform shot and killed two american soldiers now most people know this but muslims consider the qur'an to be the literal word of god and treat each copy with...
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thank you, christine. >>> all right., a new national abc "washington post" poll of republicans. in that poll, mitt romney has a commanding lead, 39%, to newt gingrich's 23%. you can see how the rest of the folks come out under that. this is following newt gingrich's loss in nevada this saturday. tea party leader dick armey says that newt gingrich's time may have come and gone. listen. >> south carolina was an aberration because newt gingrich had what is likely to be in final analysis his best moment in south carolina. he had just one masterful moment where he transformed himself from perpetrator to victim, attacked the media, which as you know is always popular with our base, and just sort of took that momentary surge. >> now we have the colorado campaign chairman for newt gingrich. they will hold their caucuses tomorrow. thanks for being with us. we appreciate it. as you heard dick armey say and others have said, when the slide starts it's very hard to reverse that slide. is this a downward trend? and newt gingrich made
thank you, christine. >>> all right., a new national abc "washington post" poll of republicans. in that poll, mitt romney has a commanding lead, 39%, to newt gingrich's 23%. you can see how the rest of the folks come out under that. this is following newt gingrich's loss in nevada this saturday. tea party leader dick armey says that newt gingrich's time may have come and gone. listen. >> south carolina was an aberration because newt gingrich had what is likely to be in...
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for christine in washington christine for our team. well that does it for now for more on the stories we covered you can head over to our to dot com slash usa check or youtube page as well it's youtube dot com slash artsy america also follow me on twitter wall for now have a great i. i'm max kaiser this is the kaiser report there's economics and then there's economics stacey max yes that's what we have all over the world today but economics here's the trickle down hits book mel gibson temple tries to shake him down a southern california temple took out a jumbo loan on its synagogue a loan that now can't afford to pay back so what have they done max congregation beth shalom located in corona california sent mel gibson a letter requesting that he give them big money to prevent foreclosure they wrote quote our proposal to you mr gibson is since you have been cited as an anti-semitic and have denied those allegations what better way to prove to all your fans and the naysayers than to endorse and help raise funds for our cause s.o.s. save o
for christine in washington christine for our team. well that does it for now for more on the stories we covered you can head over to our to dot com slash usa check or youtube page as well it's youtube dot com slash artsy america also follow me on twitter wall for now have a great i. i'm max kaiser this is the kaiser report there's economics and then there's economics stacey max yes that's what we have all over the world today but economics here's the trickle down hits book mel gibson temple...
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christine has that for us. >> good morning. >> good morning. while you were sleeping, gas prices aren't. according to aaa, gas average is $3.65, up 3 1/2 cents from yesterday. gas prices have never been this hyatt this time of year. the forecasts keep rising. >>> with the syrian army continuing to shell the city of homs, world powers are meeting in tunisia. what is being called a friends of syria conference. secretary of state clinton is there. just a couple of hours ago former u.n. secretary general kofi annan announced he will serve as a joint u.n. arab league envoy to syria. the u.s., europe, and arab nations are drafting a warning to syrian president bashar al-assad to agree to an immediate cease-fire so food and medical supplies can get in and wounded and dead can come out. >>> judge in alabama tossing out the days of the so-called hon honeymoon killer. he was charged with killing his wife on their money hoon while diving off of australia's great barrier reef. wats watson pleaded guilty to manslaughter in australia and spent 18 months in j
christine has that for us. >> good morning. >> good morning. while you were sleeping, gas prices aren't. according to aaa, gas average is $3.65, up 3 1/2 cents from yesterday. gas prices have never been this hyatt this time of year. the forecasts keep rising. >>> with the syrian army continuing to shell the city of homs, world powers are meeting in tunisia. what is being called a friends of syria conference. secretary of state clinton is there. just a couple of hours ago...
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christine, let's start with you. the best solution you've heard for helping these folks get back to work as soon as possible? >> so far it's been mostly people themselves figuring out what their solution has been and mostly unemployment benefits, food stamps and like that family lots of different things that they're trying to rely on. we talk about a safety net. there's a lot of talk about a safety net or a trampoline. what are we going to do for the long-term unemployed. we need to be focusing our national strategy and all of our resources on turning a safety net into a trampoline. revamping our retraining programs and figuring out how to connect, ali, the people who say they need a job with the companies to say for some reason they can't find qualified workers m there's a disconnect there. >> there's a mismatch and a disconnect. connecting them still won't solve it because they're not trained for the right job. don, you think that the best solution for the americans currently unemployed could actually come from ger
christine, let's start with you. the best solution you've heard for helping these folks get back to work as soon as possible? >> so far it's been mostly people themselves figuring out what their solution has been and mostly unemployment benefits, food stamps and like that family lots of different things that they're trying to rely on. we talk about a safety net. there's a lot of talk about a safety net or a trampoline. what are we going to do for the long-term unemployed. we need to be...
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chalk samuel fashions of the later bid tuesday morning and is christine kwan me for the next two hours chuck clemency will be here phone lines of the open live talk to the first hour this all about the diamonds second hour is a combination of chips favorites on our this hours dedicated diamonds and taste of values coming up in just a moment is that the stage this is still coming attraction they use very limited final quantities would diamonds a yellow diamonds done in this wonderful set design and telling you ran ladies very limited it's a set of three times out colored diamonds blue cognac in yellow and 6¢ and then we have diamonds in the rough for you more just arrived here this has been how could there be brought back for you not many to go around seven dozen times sense and it's the for the staggering but it's very exciting to have diamonds my host and for you it's about an inch in this dining is calling to the story in this hour limited final quantities look of the price point away many of its setting and to color diamond and some use the earrings' them wearing the contemporary th
chalk samuel fashions of the later bid tuesday morning and is christine kwan me for the next two hours chuck clemency will be here phone lines of the open live talk to the first hour this all about the diamonds second hour is a combination of chips favorites on our this hours dedicated diamonds and taste of values coming up in just a moment is that the stage this is still coming attraction they use very limited final quantities would diamonds a yellow diamonds done in this wonderful set design...
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christine quinn will be joining us tonight. that is all coming up over the course of the hour. >>> but first, as ed mentioned, it is elect shun night again in america. sort of. bringing you results as they come t from the republican presidential primary in missouri, and from the republican presidential caucuses in minnesota and in colorado. at this hour, polls have closed in that missouri primary. they closed at 8:00 p.m. eastern, across the state of missouri and the results we have so far are as follows. in missouri, very small proportion of the vote in, 2% in, rick santorum right now in first place, mitt romney in second place, ron paul in third place, and my favorite, uncommitted in 4th place. in missouri it's important to remember, newt gingrich is not on the ballot. do not be looking for him among the results in missouri. >>> at this hour the doors have closed in minnesota and in colorado. i have to say doors have closed instead of polls have closed. because in minnesota and colorado the state republican parties are runnin
christine quinn will be joining us tonight. that is all coming up over the course of the hour. >>> but first, as ed mentioned, it is elect shun night again in america. sort of. bringing you results as they come t from the republican presidential primary in missouri, and from the republican presidential caucuses in minnesota and in colorado. at this hour, polls have closed in that missouri primary. they closed at 8:00 p.m. eastern, across the state of missouri and the results we have so...
SFGTV2: San Francisco Government Television
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thank you, christine, for all the work you have done. [applause] >> and again thanking our film commission for supporting this. they have really put a lot of support behind it, letting us have it to start with. and then also giving us the go-ahead to put funds toward connecting this to high speed internet. right now we have tapped into the city's broadband network, so we have 25 up and 25 down, which not being a tech person, i don't really know everything that means. a file used to take 30 minutes to upload, and now it takes three minutes to upload. that is fantastic. in the rent, that is included. utilities and john torle are -- jantorial are included, and a common area and your own space. it is great a good deal for film makers if you are interested in participating. craig larson is the owner of the building. he has worked with us, and he has been so generous to make it where we could afford this space and where we could give it to you at an affordable rate so. thank you, craig, even though you're not here. i think that's it for now. c
thank you, christine, for all the work you have done. [applause] >> and again thanking our film commission for supporting this. they have really put a lot of support behind it, letting us have it to start with. and then also giving us the go-ahead to put funds toward connecting this to high speed internet. right now we have tapped into the city's broadband network, so we have 25 up and 25 down, which not being a tech person, i don't really know everything that means. a file used to take...
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christin ayers is there with the latest. >> reporter: a very tense situation for quite some time out here today as that man was taken into custody just a short time ago. if we look at our chopper aerials, we can see the man surrendering his gun and is in police custody at this time. authorities say it began around 10 a.m. a neighbor reported that a man was in a yard with a shotgun wielding it around, seemed upset, seemed frustrated. when police arrived on the scene, the man continued to exhibit the same behavior even pointing the gun at them at one point. a very dangerous situation that prompted the evacuation of maxwell park elementary school, which is just a short distance away. school officials telling me about 250 children were evacuated into nearby maxwell park as this incident was unfolding. they were out of class for about an hour and a half before returning just a short time ago. during that time, police talked the man down. they say he was upset over a personal incident that happened to him earlier in the day and communicated that to them. at that point they were able to tak
christin ayers is there with the latest. >> reporter: a very tense situation for quite some time out here today as that man was taken into custody just a short time ago. if we look at our chopper aerials, we can see the man surrendering his gun and is in police custody at this time. authorities say it began around 10 a.m. a neighbor reported that a man was in a yard with a shotgun wielding it around, seemed upset, seemed frustrated. when police arrived on the scene, the man continued to...
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christin ayers is live with all the details and the one person who was spared from exposure. christin. >>> reporter: oakland police say there is an investigation under way that volunteers are coming forward hoping to track down whoever posted the personal information of some of oakland's mow high-profile public officials. >>> it is concerning to have your home address out there, you know, you want your family to be safe. >> reporter: city officials spooked by an internet leak that published their private information. the video went online tuesday morning. >> citizens of oakland, "anonymous" has been watching. >> reporter: a work of the stealth "hacktivist" collective "anonymous" admonishing oakland police over these violent confrontations with "occupy oakland." >> you tear gassed us. you shot us with your weapons. you arrested us. you beat us. >> reporter: in retaliation, "anonymous" posted this, a document exposing addresses and phone numbers for mayor jean quan, chief howard jordan and all but one of oakland's city council members. in place of rebecca kaplan's information,
christin ayers is live with all the details and the one person who was spared from exposure. christin. >>> reporter: oakland police say there is an investigation under way that volunteers are coming forward hoping to track down whoever posted the personal information of some of oakland's mow high-profile public officials. >>> it is concerning to have your home address out there, you know, you want your family to be safe. >> reporter: city officials spooked by an internet...