dmitri medvedev says a second cold war may emerge from the crisis in the ukraine. does that make investors feel? up tothat we are building elections next weekend? >> the russians are very good at laying down their markers, aren't they? they have done that from medvedev's comments, also in terms of the troop movements by the ukrainian borders. they're sending a message to the ukrainians, the european union and the u.s. that is not going to be pushed around. yes, the elections at the weekend in the ukraine, a lot of uncertainty about how negotiations will go in the postelection environment. russia is not backing down. a to we still continue to see low volatility environment. the fed's richard fisher was saying this wasn't healthy or at faced some sort of correction. -- cally , the odd it of volatility shakes investors out. it is good, providing a volatility is not too intense. we have seen the markets move. last week, we had one or two sessions where u.s. investors were concerned about u.s. stocks . subsequently we had a bit of a rally. somehinking we have seen volat

dmitry medvedev.talked about a $400 billion deal to sell natural gas to china saying it is very likely that there will be a contract which means a long-term agreement. the deal could be announced during russian president vladimir putin's visit to china. putin has ordered russian troops to go back to their bases. tension comesfuse six days before the presidential election. i am joined by bill white, the former mayor of houston and the former it deputy energy secretary and he was a senior federal official dealing with ukraine and the 1990's. -- in the 1990's. it is a pleasure. thank you for being here. you have previously met the current prime minister of russia. dmitry medvedev. tell us about this individual. >> he is an oil company executive, that is his background. he headed gazprom and he was an oil association executive. the oil industry is very big and this is a natural for him to be dealing with this topic along with president putin. >> tell us about your background when it comes to negotiating t

au heard dmitry medvedev call potential new cold war.o get those tax revenues for the shareholders of gazprom, that would be a risk. in the deal is struck next day or so, does it send the message that russell -- that russia has struck this deal with china and saying that we can do deals with other big countries, we are not so reliant on you? what is the significance of striking the deal when it comes to deal political relationships? >> i would argue that the real significance is not geopolitical. ,n the geopolitical sphere everyone will stand on their positions. russia will say, whatever the economic cost of fair amount interest in ukraine, we will take it on the chin. the u.s. and the european governments will say that the principal is paramount and theing else can withstand sovereignty of ukraine. actually, it is more on the investment side. if gazprom strikes this deal, it would mean that they have got commercial for the first time. it has opened a market by offering a price that works in that market. that is the big message for the e

tuesday, don't miss our exclusive interview with russian president dmitry medvedev -- dmitryt down withvedev. he sat down with ryan chilcote. ♪ "taking stock" -- this is "taking stock" on bloomberg. user can take a spinning class anytime, anywhere from their home. join me now -- joining me now is the chief executive and the general manager. glad to have you both here. i want you to start off by telling us what made you decide that showing a virtual reality environment was what people needed in their homes to exercise. >> i thought the disparity between traditional and home theess experience and glasses. there are great classes where ande are great instructors motivation. vis-À-visastic traditional equipment that was not very motivating. we set out to find -- bridge that gap. >> explains the variety that is offered to whoever would decide to get on the bike and start pedaling away. >> we have all different levels that we offer so if you were to get to the bike at your house we have filters he can put in 30 minutes, 45 minutes, 60 minutes going up to 140 minutes if you're in the mood and

we begin with a bloomberg exclusive with russian prime minister dmitry medvedev. my colleague, ryan chilcote conducted the interview. he joins me now from moscow. good evening. >> good evening, mark. the primeminister -- minister and i sat down and he told me that the standoff between russia and the west could lead to another cold war. >> to put it simply, no one is happy about sanctions, since they are always a sign of tense relations. it could cause some unpleasantries for the country, but it is bad for economic relations come up with europe and with the united states. let's be honest, those sanctions are a sharp knife for european business. the only ones who want sanctions are politicians, who used them to reinforce their convictions and demonstrate power. for example, president obama needs to show congress that russiansoesn't see amuck but if anything happens, they can hurt us. the situation is somehow different for europe. >> speaking about president obama, because you were the art -- the author, the architect with president obama about the reset in relations

a warning from dmitry medvedev, he told ryan chilcote the u.s. and eu are risking a return to the cold war. he said sanctions against russia are economic warfare. the eu has accused jpmorgan and other banks of colluding to rig interbank lending rates. agricole weret also accused. taking on the ipad. microsoft is going to take on the ipad mini. satya nadella expected to unveil a smaller version of the today with a qualcomm processor. cory johnson is in new york. if you fail to make an ipad killer, try to make an ipad mini killer? >> go small or go home. microsoft has failed in the marketplace with the surface. the push of a push of a push and are trying to the corporate deals and big sales in a large institution. they are spending a fortune on marketing and getting this out there in the public eye. they are getting product placement and every possible tv show they can get it into. to make it seem like people are using it but in reality people are not. >> fundamentally is it not a good product? >> one of the things we see havening is market leaders

a warning from dmitry medvedev, he told ryan chilcote the u.s.e cold war. he d

the russian prime minister, dmitri medvedev spoke exclusively with ryan chilcote from the saint petersburgconomic forum. the obama administration pressured western ceos and canceled plans to attend this year and in the prime minister answers questions for what they are doing with the old soviet union. >> i think this is bad. it reminds me of the decision .ade in the country business interests suffer. themselves.sk ceo's i have met with some of them. why do they have to sacrifice their business interests for this strange sense of solidarity? >> it puts them in a difficult position because they want to make money on the one hand. bringing market ideology to the market. that is what the soviet union did in the past. u.s.is exactly what the administration is doing now. it will affect the interests of u.s. and european business. >> [inaudible] [indiscernible] >> there is only one more thing i would like to say. i would like to remind you know sanctions were imposed like during the cuban missile crisis or -- [indiscernible] . partnersand european are trying to scare us. it will lead nowhere. whe

i tried it on his face painted russian prime minister dmitri medvedev said the appeal court is in ukrainian capital should come to their senses and still the killing of their own citizens. otherwise he says the countries they may be extremely sad. of a diplomatic deal now that we now have increasingly confrontational rhetoric and calls for more ministry spending in europe. making things is needed in washington. the i was poor the eye. the really good show and is set to be official visit to ethiopia nigeria angola and kenya from the forts to the eleventh this'll be his first visit to africa while in office and it coincides with the fiftieth anniversary of former premier a job online is the first visit to africa earlier we spoke to our reporter home now and she told us what is on the premier's agenda and what's expected to come out of district the primary task first. after the tories including top eight and comes after presentation. things started to africa in march last year a need to push outward china africa tightening is mutually beneficial cooperation during the day from here will meet w

products and we can do it without violating or obligations to the w g o according to prime minister dmitry medvedev moscow isn't going to allow planting genetically modified seeds this summer like it was when before if these robberies were genetically modified then this field alone could produce more or less up to twenty percent more on a wider scale its means russia is ready to lose annually tens of billions of dollars if not more which would have gone into the state budget and what's more important into the pockets of farmers the question is why. but how can we think about money when we're talking about the health of our close friends russia has huge territories and doesn't indian food moreover we have all the chance of dominating the clean modified food market. analysts agree saying no to jim olson may be a financial burden now but it could be a great investment into the future they could become a powerhouse their cultural sector for gannett food except feasible there is it is a very viable prospect and that would certainly be something that other markets would be very interested in not just sim

when it comes to providing gas to the country and the prime minister dmitri medvedev has said well the pay up i don't get it. i think it's time to stop mollycoddling them notify them and switch to the pre-payment business scheme as soon as possible they pay one euro we ship them on euro's worth of gas they pay a billion we ship a billion well what does this mean here in europe the prospect this russian gas could be cut off to ukraine is well potentially very scary indeed here in germany alone a third of all of our energy comes from russian gas now the i.m.f. of given ukraine a bailout of three billion dollars and what russia is saying is well they should use that to pay off at least some of her gas bill it's just like me or you where the u.s. if you don't pay your bills you're going to have your lights put out you're going to have the gas could off so they're saying the should use that type of money to be able to pay some of their bills now mr yatsenyuk the prime minister of the current ukrainian government is in europe talking to their leaders and we're going to be watching to see whe

ryan was speaking to dmitry medvedev a few days ago and he said was certain regions of ukraine not havingr turnout, the entire elections will be called into doubt. that is a concern for any new authorities in the ukraine. speaking to us live from the ukraine ahead of the big elections taking place on sunday. >> less turn our attention to another top company story. general electric has agreed to toe alstom more time consider its $70 billion bid. how much more time here is alstom going to get? >> three weeks. the wardy already has on board. they have endorsed his plan to 17 many of the assets, billion is a number you are quoting. --re are french government the french government will give ge more time to make its case. it will also give siemens more time to look at alstom's books. anht now they just have expression of interest. throughout this all, ge has been nothing if not confident. here is what the ceo had to say. know have to trust us to what we are doing. " they have to get the industry minister to sign off on this planet what it means for france in france. is a really, it interesting

a terrific interview with dmitry medvedev yesterday. we appreciate it.ts global reach and its biggest expansion and almost three years. the service plans to make itself available in six european countries including france and germany. hans nichols joins me from berlin with more. our people pretty excited now that they are going to be able to watch "house of cards"? it is american politics. no, it is translated into german and it is a couple seasons old. kevin spacey's german is flawless. this is essentially -- if congress were passing this it would be called the decriminalizing internet activity in american correspondents based in berlin. so many americans, i am not admitting, but so many americans here try to get netflix. you can try -- i say try -- by going through a vpn, a virtual private network. often times you are foiled and can't watch netflix. this will align what everyone thinks is a big market for and have aducts pricing system, a payment system that works. when you look at what rate hasting what's to do, he wants at to 80% -- when you look wha

>> one of the things that dmitry medvedev, the russian prime minister, said to ryan chilcote earlierif there was low turnout in the separatist areas, in the east of the country, there would be doubts about the legitimacy, about the results of the election. ukrainian officials do not want that to be the case but it voter intimidation continues, and most people i spoke to were in favor of the kiev government but were frightened to vote, there is concern that there would be an opportunity for them to say that the vote should not count in their region. >> of course, you have been talking to people in kiev and elsewhere. how are they feeling ahead of the vote? >> it depends on where you speak to people. out to the west, there are people there who were gearing up for the vote, campaign posters everywhere. obviously in donetsk and in the east, people are frightened to go to express their opinion. >> thank you for joining us, willem marx. he will be with us through the weekend. that does it for today. we are off on monday for memorial day. enjoy the long weekend. on tuesday, be sure to stay

would be welcome saying that be a few russians trawling the net anyway at russia's prime minister dmitry medvedev himself an active user of course social that networks was that quick to come online and counter that he called on officials to be careful before making inflammatory statements the online store was only second add to the controversy spot but russia's recent bloggers law which critics say equates bloggers to media outlets state duma deputy robert siegel says russian agencies are well aware of their responsibilities to internet users end of the day. what the people who get other countries experience and these are that company doesn't comply with the legislation of the country at all parades and we have to do everything for the laws to be preserved even the harshest measures that are possible. the same sign the russian side and the federal supervision agency for information and technologies are professionals acting within their competence this is no american story when you have an axis of the old the data on facebook twitter and other social network users and you can take information with

. >> a bloomberg exclusive, russian prime minister dmitry -- dmitry med events medvedev meets -- we'll hit -- we will hear from john carlin when bottom line continues. >> the u.s. charging five chinese military officials with economic espionage. let's go back to washington where bloomberg's phil mattingly is joined by the u.s. assistant attorney general for national security, john carlin. >> assistant attorney general, i want to start right off, this was jarring news. five individuals, first state-sponsored charge. how did this come about? this was the product of years of work both by dedicated fbi investigators and prosecutors from across the country. i think it reflects a new approach we have to these cases. trained hundreds of prosecutors across the country to look at national security cyber threat and our belief has been vindicated today. prosecutors and agents are looking at these cases and we can find the faces behind the keyboards of the people stealing information from our country -- of our companies. >> there are fbi wanted posters of these individuals. is there an element of

as gas bill solves around three point five billion dollars from escalating even prime minister dmitri medvedev said that now is the time to stop mollycoddling ukraine meanwhile the energy chief said in brussels this week that a provisional price for russian gas could be negotiated with ukraine by the end of the month so the dispute will continue going to be obviously watching all the movements as they occur now we're going to stay with gas and just hold for now because the company is also heading east in terms of its full stop artist gas giant is planning to get a listing in singapore this could happen as soon as july as it sounds from shares are traded in london but. russia still just is reportedly prepared to sell its plants in the u.s. one point five billion dollars in total is sort of threats of further sanctions are behind this alone but according to russian news sources plans were already in place last year the plots are based in michigan and this is it to produce thirty percent of service cells revenue last year but to love this fine and b t v will now have to report their income expens

russians trolling the net then what your view on it is but then there's russia's prime minister dmitry medvedevhimself an active user of social networks calling on officials to be careful before making inflammatory statements the second storm is only the online storm was only second to the controversy spot by rush's recent blog as low as well which critics said equated bloggers to media and we discussed this whole issue with politician robert shakeel he is. you know about what the noble but you can follow get other countries experience in cavy sort of that company doesn't comply with the legislation of the country it open rates and you have to do everything for the laws to be preserved even the harshest measures are possible at the same time the russian side and the federal supervision agency for information and technologies are professionals acting within their competence this is no american story and when you have an axis at the old the data all of facebook twitter and other social network users and you can take information without letting the know as it happens i mean the american intelligen

products and we can do it without violating or obligations to the w g o according to prime minister dmitry medvedev moscow isn't going to allow planting genetically modified seeds this summer like it was when or if this robberies were genetically modified then this field alone could produce more or less up to twenty percent more on a wider scale its means russia is ready to lose annually tens of billions of dollars if not more which would have gone into the state budget and what's more important into the pockets of farmers the question is why. how can we think about money when we're talking about the health of our close friends russia has huge territories and doesn't. moreover we have all the chance of dominating the clean up modified food markets. parliament has also weighed in on the issue legislators are currently looking at increasing the punishment for breaking g.m. or really that laws including hiding or distorting information on g.m. products which could cause physical damage their idea is to equal such an offense to terrorism with maximum jail time of twenty years jim products are still ava