. >>> i'm at the 45th agual forum meetings in davos switzerland, and about to lead a conversation about closing the infrastructure gap. most upped we are not building infrastructure or maintaining that that we have. some of that is because of a shift in how we gn the biggest -- finance the biggest infrastructure projects like power plants, roads, dams, railways. with interest rates at low, this may be the best time history to figure that problem out. >>> the conversation we are having is about bridging the infrastructure gap. the infrastructure financing gan in particular. it's a remarkably important topic. many will not under why there is an infrastructure gap. there has been a remarkable change in the way we finance infrastructure projects in the world. over the last several years. some of it has had to do with the recession that this world felt, and the degree to which banks will get involved in infrastructure issues. as we will hear from our panellists many of the issues are country specific. these are different depending where you live in the world. in the developed world there are

in the meantime i want to take you to davos. why am i doing that?ause we're at the wealth summit and there throughout the day. we caught up exclusively with some of the key players and he's been doing that from e.b.s. wealth management team. first, we spoke to the company's c.i.o. what was he saying? >> mark haferly's group talks on a monthly basis and challenge them whether they go underweight or overweight and trimmed back on the u.s. and focused for europe and said you'll have to pay for growth and stocks that have good cash flow. you're going to be grateful for a 2% growth rate and that the u.s. is going to accelerate and be the backstop. brexit is, the risk of a u.k. exit is there. the neutral on the u.k. when it came to this whole debate guy, i suppose liquidity, i put it to haferly, what is his view we're in for liquidity shock? >> the i.m.f. are not really portfolio managers or moneymakers for our clients but is important to take it at face value and saw what a taper tantrum looks like and as the fed moves closer we have to be wary but we're

i've been to davos, i've covered davos, i've been around reporting on some of the circles in which thesehich like yeah, lots of people give money to the clinton foundation and lots of people have business before the state department. there's going to be a plausible case, was one connected to the other. you have to go above and beyond in those conditions. i don't understand why you wouldn't put in the most rock solid ethical safeguards why you wouldn't have compliance officers flagging this why you would violate your own agreement with the white house. >> at least follow the rules that you've agreed to. >> again, i go back to the larger picture of this infrastructure. i'm just going to make a quick side know. what is in the news today in terms of this permanent infrastructure of fishing expeditions. hillary clinton is be asked to testify about benz 30 months after she attacked. you set up this permanent infrastructure, you get in the right-wing media and you lure the "new york times" to kmas it too. >> but here's my -- >> well, here's my question though. you say lure the "new york times."

i've been to davos. i've covered davos.been around reporting on some of the circles in which these folks move. these are circles in which, like, lots of people give money to the clinton foundation, right. lots of people have business before the state department. there is going to be a venn diagram. there is going to be a plausible case to be had about was one connected to the other. my point is that, in those, you have to go above and beyond under those considerations. i don't know why you wouldn't put in the most rock-solid ethical safeguards. why you wouldn't have compliance officers who are flagging this. why you would violate your own agreement on disclosure. >> at least follow the rules that you've agreed to. >> right. >> well, again, i go back to the larger picture of this infrastructure. i'll make a quick side note. what is in the news today in terms of this permanent infrastructure of fishing expeditions. hillary clinton will be asked to testify in benghazi in june about the attack. 30 months after the attack. the r

. >>> i'm at the 45th agual forum meetings in davos switzerland, and about to lead a conversation about closing the infrastructure gap. most upped we are not building infrastructure or maintaining that that we have. some of that is because of a shift in how we gn the biggest -- finance the biggest infrastructure projects like power plants, roads, dams, railways. with interest rates at low, this may be the best time history to figure that problem out.

tom: that speaks to davos and other meetings. there is no substitute.rendan: joe i do not mean to call you old, but you have been out this for a while. what do you say to someone who is years old who only knows when things are bad? joe: the first thing you have to do is understand our cycles, that things go up and down. brendan: we can understand in an abstract way that cycles exist but if we only know the bad cycles. joe: i knew bad cycles when i was on wall street. i started in 1968, and it was not all straight up. i went through 1987 -- it was a different kind of a crash -- tom: yeah but 1974, 1975 was ugly. joe: i went through that. there are stages you go through, every generation goes through it like i did, but you have got to hang in there. i do not think people talk enough about doing that as people. get out and engage with people and talk about what you need to do to be able to survive. olivia: joe, the message to a lot of young people is actually "rein it in," be wary of your facebook profile, do not post photos of the keg stands in acapulco?

the food is invariably deliciously dinosauric and heavy yet always glorious classics like blancette davo neck and shoulder pieces of veal with mushrooms served over rice. hunks of bread and wine, local beaujolais of course. and lots of it. >> sante. >> sante. >> no politics, no religion. >> and it works. for 50 years. >> yes. >> do women have machon, their own organizations? >> yes. >> there are. so somewhere on the other side of town, there are a lot of women sitting around drinking wine, eating blancette and bitching about the men? uh-oh. >> then there will be, yes, singing. and no doubt the telling of lusty jokes followed by serious official business. [ singing ] ♪ ♪ >> alongside and some say above the names of the other culinary giants in and around lyon is the name troisgros. started by the visionary brothers jean and pierre, troisgros received three michelin stars and started a dynasty of excellence that continues today with pierre's son michel and his son cesar. >> my dream was always to put maison troisgros on my resume. >> bonjour. >> many have called maison troisgros the best r

> special month long evironmental focus fragile planet >>> i'm at the 45th agual forum meetings in davos switzerland, and about to lead a conversation about closing the infrastructure gap. most upped we are not building infrastructure or maintaining that that we have. some of that is because of a shift in how we gn the biggest -- finance the biggest infrastructure projects like power plants, roads, dams, railways. with interest rates at low, this may be the bes

she leads femin in several highly publicized actions in europe, including a loud and cold protest in davosr impression and opinion about how is to be woman today in economic world? the most oppressed. we are. >> in a series of demonstrations against the catholic church and pope benedict. >> for us we are mad because our religion, our base are domination of male upon women. >> and in two seconds security services started to catch us and they arrested us. >> when the pope announces his retirement in february 2013 femin activists celebrate by scandalizing visitors -- >> for me it was one of our most successful actions. you need to shock people. up close video, they are viral. the video of the pictures that everywhere now. for us it's most important to have five cameras around us than people. >> despite the beatings and arrests, the group continues to grow all around the world. >> we want to have people in countries that want to start their own femin branch. our goal is to make it safe tore women's revolution. >> whether you are ready for it or you're not. >> i definitely do not want to burn t

these are revealed dramatically in a hole of ceos that was released last january at the davos conference in switzerland, the conference of masters of the universe as the business press describes them by rather ominous coincidence. this was just at the moment when the doomsday clock was advanced to three minutes to midnight. though poll revealed that climate change did not merit inclusion among the top 19 risks that concern ceos. worse still at the top of the ranking of perceived risks was regulation. that is the prime method for addressing environmental catastrophe. their overriding concern was with growth prospects for their companies. that's not surprising. whatever their individual beliefs in their institutional role, that ceos are constrained to adopt policies that are designed to post extraordinary and undeniable threats to the continued existence of humanity, in the words of the doomsday clock declaration. and given their enormous role in determining state policy, it's less surprising that policy lags behind public opinion on the concerns that move the clock so close to midnight. t

people say davos happens once a year, spend a few days and you have a lot to learn.city and scarlet fu. scarlet: consumer confidence number from the conference board, and unexpended decline to 95.2 economists were looking for a pick up to 102.2 march saw the highest reading. instead of building on

people say davos happens once a year, spend a few days and you have a lot to learn. erik: back to new york city and scarlet fu. scarlet: consumer confidence number from the conference board, and unexpended decline to 95.2 economists were looking for a pick up to 102.2 march saw the highest reading. instead of building on that we saw a drop to 95.2. somewhat consistent with weaker than expected data. in terms of the financial markets, u.s. stocks have just fallen to session lows. notg down by a lot but you see declines by .2% for the s&p 500. little changed for the dow, nasdaq losing .5%. the dollar index falling to session lows with dxy at 96196. 10 year yield higher. two year yield little changed at 55 basis points. erik? erik: here we are, back at the milken conference. i want to tell everyone about who is coming up, colony capital's tom. stephanie: at 10:30 we will sit down with barry sternli cht. then terry joins us at 11:00 a.m. chairman of the cme group, the perfect person to sit down with days after the headlines about the flash crash. erik: boone pickens is c

francine: in davos, she was one of the lonely voices out there.he may be proven right. tom: we will have to see what happens in the united states. her singular point is that we have major central banks going sequentially in order, rather than altogether. when the fed raises rates we will still have a euro and japan that are hyper accommodated. francine: thank you. tom: sure. francine: when we hear what christine lagarde has to say she is saying there will be no delayed payment from the imf to greece. do we care about these day-to-day negotiations? >> in the end if greece cannot pay its debt, the next question is whether the ecb will continue to extend emergency liquidity to the greek banking sector. that could lead to the introduction of capital controls. it is important to say that all of this would be because negotiations do not proceed. the impact would be quite bad. while we think the best case scenario is that greece will stay in the eurozone the overall situation would not get easier. francine: what is your take on the euro? >> we believe th

overall, the davos with the palm trees. guy: much better yeah. francine: that's it for "the pulse."or our u.s. viewers, it's "surveillance." for this on this side of the atlantic we're back. ♪ >> nepal is destroyed by an earthquake. aftershocks limit relief efforts. climbers above the base camp on mount everest, they are evacuated. there are climbers still stranded at everest. deutsche bank, they will slash costs, closing 200 branches and exiting up to 10 countries. our hans nichols speaks to anshu jain this morning. and greece is broke. can they make it to a key deadline? good morning, everyone. this is "surveillance." we're live from our world headquarters in new york. it is monday, april 27. i'm tom keene. joining me, olivia, brendan is on assignment. olivia: a race against time in nepal. searchers are trying to find survivors from the earthquake that killed at least 3600 people. international relief agencies warn the next big problem may be disease caused by tainted water. the quake that rocked nepal on saturday measured 7.8 on the richter scale. millions may be homeless, many i

last month there was the world economic forum held for leaders around the world in davos, switzerland always is. always every year they do research ahead of time on what are the major experts and they talk to 900 experts around the world and to a person they said it's the coming water crisis. it's here in terms of impact. another meeting of the u.n. ban ki-moon, secretary-general, brought 500 scientists together and they said what we're doing now is what they said planet to -- water, and a planetary transformation, as great a change to the world and the planet as the melting of the ice age. and they also in a separate different study, -- again, this one done through the world bank -- the statistic that stunned the world at the time was that two years ago, by 2030 the demand in our world for water will outstrip supply by 40%. this is just almost impossible to try to understand. and, of course you stop and think about who is going to do without? it's going to be the poor the marginalized. it's going to be the people around the edges. it's going to be the people in slums, the massive slu

economic forum held for leaders around the world in doubt most switzerland, which it always is -- in davos and every year they do research on the major issues. they talked to 900 experts around the world and to a person it said the coming crisis is the water impact. ban ki-moon, secretary-general of the u.n., brought 500 scientist together and said what we are doing now is a planetary transformation, as great a change to the world and planet as the melting of the ice age. and they also come in a separate, different study, again, through the world bank, the statistic that stunned the world at the time, two years ago, is by 2030, the demand in our world for water will outstrip supply by 40%. >> the chair of food and water watch, maude barlow, tomorrow night at 8:00 eastern on c-span. >> this sunday, senior editor for the weekly standard andrew ferguson on his writing career, the gop candidates for 2016, and what voters are looking for in a candidate. >> they want somebody who looks like he has stood up for them. i'm amazed now the degree to which primary voters on both sides are motivated by

. >> do you remember his brother in davos? do you remember how big he was? eight feet tall and like this. his brother is just an animal isn't he? >> yeah. both of them were great. obviously vladimir is the only one that still boxes. >> and you think we need an american heavyweight? >> i just -- we need a super famous heavyweight. and klitschko is well known, but he's no mike tyson. he's no muhammad ali. >> deante wilder will be that next big time heavyweight champion. and you'll hear more about him. >> let me ask you a fighting question. it's about fighting but the wrong sport. the nba. i don't know if you saw this story in the new york post. you know about it. >> i'm aware of it. i read about it and heard about it yesterday. >> but seeing all this come -- this is just one example of it. there seems to be more and more of it. i don't know if we're making too much of it or making too little of it and what it means to the sport. >> i don't think it's -- it means in iganything to the sport. you read things like that every day here in new york. it just happened