a fourth witness will be dr. peter merrill, a doctor of the economics and statistics group at price waterhouse. a fifth assistant will be dr. robinson at the tech school of business at dartmouth and the final witness will be will alan sloan who is the senior editor-at-large for "fortune" magazine. our thanks to all of you for coming. it's our custom that your prepared statements will be used. if you could use your five minutes to summarize, that would be helpful. i know senators have many questions. we're going to have votes at 10:45. this will be a bit of a juggling act. we will try to handle this as well as the chaotic senate schedule allows. mr. stack, welcome. >> thank you, senators. chairman wyden, ranking member hatch and distinguished members of the community. i appreciate the opportunity to appear to discuss these important international tax issues to which your committee has devoted substantial effort i'd like to begin by describing the work we're doing in the g-20 betts project and then link that discussion t

a fourth witness will be dr. peter merrill a doctor of the economics and statistics group at price waterhouse. a fifth assistant will be dr. robinson at the tech school of business at dartmouth and the final witness will be will alan sloan who is the senior editor-at-large for "fortune" magazine. our thanks to all of you for coming. it's our custom that your prepared statements will be used. if you could use your five minutes to summarize, that would be helpful. i know senators have many questions. we're going to have votes at 10:45. this will be a bit of a juggling act. we will try to handle this as well as the chaotic senate schedule allows. mr. stack, welcome. >> thank you senators. chairman wyden, ranking member hatch and distinguished members of the community. i appreciate the opportunity to appear to discuss these important international tax issues to which your committee has devoted substantial effort i'd like to begin by describing the work we're doing in the g-20 betts project and then link that discussion to

meanwhile regulators have introduced hefty fines behind that wastewater in the drak stricken region dr peterglick president president of the pacific institute says a great debate is looming over the issue one of the problems with this polling plant is that every bit of water that goes to the bottling plant is water that's taken away from this desert ecosystem there's also concern among some local communities about the impacts on groundwater in that they will delivery of groundwater. for other uses in the local area but this water is bottled it's put on trucks it's shipped out of the community it's water that's not available to the local community so it's increasing a source of tension in concert in the area where water in the desert is very rare and this is an example where perhaps we should question the value of putting a bottled water plant in the desert. but now it's been bust focuses on the bricks summit in brazil that's an r.t. international and if you're in the u.k. it's going underground with action returns. world. science technology innovation all the developments from around russia

in california to bottle and sell it is the region faces a third of drag activists wanted to stop dr peterglick president of pacific institute says a great debate is looming on the case one of the problems with this bottling plant is that every bit of water that goes to the bottling plant is water that's taken away from this desert ecosystem there's also concern among some local communities about the impacts on groundwater in that they will building the groundwater for. the uses in the local area but this water is bottled it's put on trucks it's shipped out of the community water that's not available to the local community so it's increasing a source of tension in concert in the area the water in the desert is very rare and this is an example where perhaps we should question the value of putting a bottled water plant in the desert. that is coming up to half past eleven in the morning here in moscow we've got crosstalk coming your way. despite all the democracy slogans that we're heard from the white house and you seem to believe that deep down the u.s. administration has a sort of a cultur

regulators have introduced hefty fines for households that waste water in the drought stricken region dr peter president of the pacific institute says a great debate is looming over the issue one of the problems with this appalling plant is that every bit of water that goes to the bottling plant has water that's taken away from this desert ecosystem there's also concern among some of the local communities about the impacts on groundwater in the vale ability of groundwater. for other uses in the local area oh this water is bottled it's put on trucks it's shipped out of the community and it's one of it's not available to the local community so it's increasingly a source of tension and concern and in the area of water in the desert is very rare and this is an example where perhaps we should question the value of putting a bottled water plant in the desert. turning now to some other stories making international headlines syria's president bashar assad has been sworn in for a new seven year term after a landslide election victory these are the latest pictures of the event from damascus he managed t

drought in the region households that were being threatened would have to be fines if they waste water dr peter gleick leading environmental research organization in the state says californians won't put up with it for long one of the problems with this bottling plant is that every bit of water that goes to the bottling plant is water if it's taken away from this desert ecosystem there's also concern among some of the local communities about the impacts on groundwater in that they will delivery of ground water or other uses in the local area oh this water is bottled it's put on trucks it's shipped out of the community and it's water that's not available to the local community so it's increasingly a source of tension and concern in the in the area of water in the desert is very rare and this is an example where perhaps we should question the value of putting a bottled water plant in the desert. and u.s. drone attack in pakistan's restive north was erased stannis thought to have killed up to fifteen people the strike was to assist the pakistani army currently battling taliban militants in the are

kind of phase that will show that at least in this particular case the iraqi situation is dr peter so that is the big challenge that we all have well and if i may very quickly i think one of the. assumptions that for attended by. the advance of isis is the role all. military men in in government because after a couple of years of experimenting with democracy many people in the arab world are sort of reconsidering the idea of military rule and how bad it really is because one good thing that came out of the military rule was stability and you can argue whether it's worth sacrificing democracy for that or not but it's still an open question now what do you think should be the balance between in democracy and security because those two issues are very interlinked in many parts of the world. i don't think there is a conflict between security and democracy because if people think that or. protect the good of the democracy cannot this is because the protect security for the short run because but if they leave underlying causes of tension and division and addressed the security will be threa

california to bottle and sell but as the region faces a third year of drought activists want to stop it dr peterglick president of the pacific institute says a great debate is looming on the case one of the problems with this polling plant is that every bit of water that goes to the bottling plant is water that's taken away from discos or ecosystem there's also concern among some of the local communities about the impacts on groundwater in that they will building the groundwater. for all the uses in the local area by this water is bottled it's put on trucks it's shipped out of the community. it's not available to the local community so it's increasing a source of tension in concert a move in the area no water in the desert is very rare and this is an example where perhaps we should question the value of putting a bottled water plant in the desert. a quick look at some other news now. three rockets have hit a clinic located to the south from libyan capital tripoli as a result of the bombardment at least five people were injured and no one was killed but the building has suffered great destruction

marri margaret anderson, dr. peter uber, dr. ellen seagull. >> sara dupray, jonathan lef partner and chairman of the deer field institute. thanks for being with us today. to get the most out of everyone i'd like to keep my remashes short. i would like to get my cochair on this effort to say a few words. we will introduce eric from canter the majority leader. in essence we have the number two republican and number two democrat on board in terms of whach we're trying to do to show bipartisan forward marchs. >> with that diana. >> it's still fred. >> thank you. i'm happy to partner with you in this important effort. the 21 century cures initiative is an exciting effort that has the potential to impact bio medical research. the united states has been a leader for decades where we can work together to improve health and medicine or we can round behind. they we bring experts to the table to dig into how we can more effectively and efficiently tackle some of the complex challenges in medicine. as fred noted, research and innovation run

i'm ube dr. peter merrill, national economic and statistic group of price waterhouse. perfect witness will be dr. leslie robin, professor of business ration at the tuck school of business at dartmouth. our final witness will mr. allan sloan comiskey editor at large for fortune. our thanks to all of you for coming. it is archived that your prepaid statements will be made a part of the hearing record in their entirety. if you could use your five minute summarized, that would be very help old. the senators have many questions. we're going to have both the 10:45, this would be a juggling act and we will try to handle this as well as the chaotic senate agile allows. or stack are welcome. >> thank you, senators. thank you senators. distinguished members of the committee come i appreciate the opportunity to appear today to discuss port international tax issues to richer committee devoted santa letter. i'd like to begin by driving the work we're doing the g20 oecd baser version of profit shifting and then link the discussion to consideration of the need for international tax re

dr. peteree is a pediatric endocrinologist and a professor of pediatrics at penn state university, hershey school of medicine. >> it's been well-documented in many countries, more so in europe, because of records, that the age of puberty among females declined for at least a century from the mid-- from the 1850s to 1950. >> mcfarland: in the 1800s and early 1900s, a girl's first menstrual cycle occurred much later than it currently does, somewhere around age 18 or 19. >> and the age of menarche has declined very steeply and progressively from that time, largely due to improvements in nutrition and public health. however, that process seems to have basically plateaued since the--say, the 1960s. >> mcfarland: problems with nutrition continue to influence the age of puberty. but today poor diet and the growing obesity epidemic may be fueling early puberty. >> if you divide children in terms of those who are obese and those who are of normal weight, it's really the obese girls who seem to be experi

dr. peters were here and ask them both the question had they seen it. dr. peters said he had and the secretary said he had not. i think both of them told me the truth. i don't think he ever saw it because i think the senior leaders did not let him. i think -- my experience is it lies at the highest levels of the veterans administration that insulated leaders from the problems. why else would a memorandum written four years ago that we are discovering now and 2014 not have been acted on? the last sentence of the third paragraph says these practices will not be tolerated. it does not say look at this when you get a chance and delineates each of the programs. you are an interim director, secretary. you will be handing off this presumably to of mr. macdonald. what are you doing to put in place the type of affirmation transfer and conduits that will see to it he does not become a rookie victim of what a distinguished general was in terms of mr. shinseki. >> i will let my old friend -- are will not let my friend become a rookie victim of anything. >> let me interr

dr. peter steinman is a researcher at saint joseph's hospital in phoenix. he was only at the airport for a couple coffee and facing charges of disorderly conduct with a weapon. >>> to the middle east a senior palestinian official is calling for a 24-hour humanitarian cease-fire. two u.n. staff members have been kilted there. overnight the israeli military unleashed the heaviest target yet carrying out 76 air strikes. israel continued the act on the ground. what prime minister benjamin netanyahu is warning a prolonged campaign. it struck the powerplant threatening to leave nearly 2 million people without electric. ayman mohyeldin joins us live. it seems like it's getting more and more violent there. >> what we've seen is a pattern emerge where there's an intensity in the violence and then perhaps, like we've seen this afternoon, a slight lull in the violence. not mischaracterize that as a sudden drop, there are air strikes, there are fatalities as a result of the strikes. but right now it's not with the same intensity that we saw late last night and certainl

marri margaret anderson, dr. peter uber, dr. ellen seagull. >> sara dupray, jonathan lef partner and chairman of the deer field institute. thanks for being with us today. to get the most out of everyone i'd like to keep my remashes short. i would like to get my cochair on this effort to say a few words.

dr. peter uber, dr.lengv sig, sarah despres, director of government at the pew charitable trust and jonathan leff, partner at deerfield management and chairman of the deerfield institute. thanks for being with us today. now, in order to get most out of everyone, i'm going to coop my remarks very -- keep my remarks very short. i'd like to ask diana degette, my co-chair on this effort, to say a few words, and then we're going to introduce eric cantor, the majority leader. i will say in advance steny hoyer planned to be here today, and he had a very last minute conflict. but in essence, we have the number two republican and the number two democrat onboard in terms of what we're trying to do to show bipartisan forward marks. so with that, diana. >> thank you very much, mr. chairman. i'm very -- >> it's still fred. >> okay. thank you, fred. i'm happy to partner with you in this important effort. the 21st century cures initiative is an exciting new effort that has great potential to positively impact biomedica

our fourth witness will be dr. peter merrill. our fifth witness will be dr. leslie robinson who is an associate professor of business administration at dartmouth. our final witness will be mr. allan sloan. our thanks to all of you for coming. it is our custom that you're prepared statements will be made a part of the hearing record in their entirety. if you could use your five minutes to summarize it would be helpful. dino centers have many questions we will have some votes at 1045. this will be a bit of a juggling act. we will try to handle this as well as the chaotic senate schedule allows. so welcome. juggling act. we will try to handle this as well as the chaotic senate schedule allows. mr. stack, lcome. >> thank you. i appreciate the opportunity to appear today chairman wyden, ranking member hatch and distinguished members of the community. i appreciate the opportunity to appear to discuss these important international tax issues to which your committee has devoted substantial effort i'd like to begin by describing the work we're doing in the g-20 betts

dr. peters said yes. secretary shinseki said he had not. i think both told the truth. i don't think he ever saw it, because i think the senior leadership of the v.a. didn't et him see it. my experience is it lies at the problems of the services that insulated the leadership of the v.a. from the problems that they had. yells would a memorandum written four years ago describing what we're discovering now in 2014 not have been acted on? the last sentence of the third paragraph says these practices will not be tolerated. it doesn't say look at this when you get a chance, and it delin ates each of the programs just like the whistle blowers did the other night. you're an interim director or interim secretary. you're going to hand off to mr. mcdonald, who is a well qualified individual. what are you doing to put in place the type of information transfer that will see to it mr. mcdonald doesn't become a rookie victim behalf a distinguished general was in terms of mr. shinseki? >> i'm not going to let him. i'm going to let my old friend become a rookie victim of anything. more

dr. peters said he had seen it and read it, and secretary shinseki said he had not. i think both of them told me the truth. i don't think secretary shinseki ever saw it, and i don't think he ever saw it because i don't think the senior leadership at the v.a. didn't let him so it. my experience is it lays in the highest levels of the veterans medical services that insulated the leadership of the v.a. from the problems they had. why else would a memorandum written four years ago describing what we're all discovering now in 2014 not have been acted on? the last sentence of the third paragraph said these practices will not be tolerated. it doesn't say look at this when you get a chance. it delineates each of the programs like the testimony of the whistleblowers did the other night in the house hearing. you're an interim director, interim secretary. you're going to be handing off presumably to mr. mcdonald who i understand is a well qualified individual. what are you doing to put in place the type of information transfer and conduits that will see to the mr. mcdonald does

dr. peter stein was carrying an ar-15 when he walked into the airport.id he visited the airport to simply buy a cup of coffee but was arrested after he pointed the gun at a woman and her young daughter. i think he wanted to make a statement about the right to bear arms. this newly released video shows the police confronting the man. the 54-year-old scientist was seen walking near a starbucks in an unsecure area of the terminal with an ar-15 style rifle over his shoulder. they say steinmetz had pointed it at a woman with her 17-year-old daughter. the victims indicated they were feared for their safety. he said he was buying coffee and had no other business no. it's not illegal to have a gun in the non-secure areas. and police believe he may have been trying to prove a point about gun rights. he was arrested and charged with one count of felony conduct. during his arraignment monday, a judge told him as part of his bond agreement, he's not allowed to possess weapons. >> what precisely do you mean by that? >> kit means no weapons. >> reporter: she a high ra

dr. longa's entire life. he was not just a brilliant researcher and scientist. >> he was the dutch researcher who perished on this flight. >> my friend, peter, the great aids activist, who you had on your show, he calls dr. longa the pied piper of treatment aids prevention, and that's the prevention that if you get a community, and you test them fairly rigorously in a voluntary manner then you have universal access to treatment, you can lower the viral loads, not just in people, but that community to almost zero. and you could really end the epidemic. >> you could extinguish it. >> you could extinguish it. that is what the conference was looking at. the name of the conference, the subtitle of the conference, it was stepping up. and that's what the melbourne declaration was focused on. it was looking at what we would need to get universal access to treatment prevention. >> and mr. longa was key in that, right, because for people dealing with this crisis for decades now, right, there's been two sides of it. there's the sort of medical side of how do we develop, how do we understand the virus, how do we attack it medically and biologically, an

dr. judy chu and representative peter welch, for their leadership and efforts to bring us here today. we could not have achieved this without the efforts of chairman pitts and chairman upton and their staff on the energy and commerce committee. i must thank house judiciary committee chairman goodlatte for his fort right suggestions that made -- forth right suggestions that made this a worthy consideration by the house. thank you, mr. speaker. i yield back the remainder of my time. the speaker pro tempore: the gentleman yields back. the gentleman from pennsylvania. mr. pitts: mr. speaker, i urge all of my colleagues to support this bipartisan legislation and yield back the balance of my time. the speaker pro tempore: the gentleman yields back. the question is will the house suspend the rules and pass the ill h.r. 4709, as amended. all those in favor say aye. those opposed, no. in the opinion of the chair, 2/3 having responded in the affirmative, the rules are suspended, the bill is passed, and without objection the motion to reconsider is laid on the table. for what purpose does the ge

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maybe, peter, if you could address this or dr. desai or dr. robinson, whoever has looked into this, but can you tell us about what happens when -- peter talked about fortune 500 companies. you've seen a one-third reduction in u.s. companies. what happens? what is the impact on jobs when you see u.s. companies being acquired by a foreign company? >> yeah, i have not actually studied that issue. it could go either way. if the foreign company is a better managed company, bring in new technology, it could increase jobs. on the other hand, it could go the other way. i don't know what the actual experience has been. >> dr. desai? >> i think you're right to put this in the context of a broader market for corporate control, which is really the issue with foreign acquisitions. i think the issue with foreign acquisitions is particularly with respect to high value added headquarter jobs, those may well get relocated when it becomes foreign owned. that is something that we have seen at least anecdotally. we also know that headquarter jobs are really import

maybe, peter, if you could address this or dr. desai or dr. robinson, whoever has looked into this, but can you tell us about what happens when -- peter talked about fortune 500 companies. you've seen a one-third reduction in u.s. companies. what happens? what is the impact on jobs when you see u.s. companies being acquired by a foreign company? >> yeah, i have not actually studied that issue. it could go either way. if the foreign company is a better managed company, bring in new technology, it could increase jobs. on the other hand, it could go the other way. i don't know what the actual experience has been. >> dr. desai? >> i think you're right to put this in the context of a broader market for corporate control, which is really the issue with foreign acquisitions. i think the issue with foreign acquisitions is particularly with respect to high value added headquarter jobs, those may well get relocated when it becomes foreign owned. that is something that we have seen at least anecdotally. we also know that headquarter jobs are really import

peter cook, thank you so much. is aig man of burzynski counselor and former national to jimmyadvisor carter. dr.urzynski, thank you for coming back on the broadcast. >> nice to be with you. >> as was just announced, the prime minister of ukraine announced his resignation today. will this trip -- cripple the chance of a political solution between ukraine and russia? >> i don't think so. first of all, there is a president who was elected and in charge. actions will have happening sooner rather than later. i don't know why the prime minister resigned, but he is the leader of the party. >> this week i might -- this week, the eu hit russia with more sanctions, but one has called them meaningless. he said what has happened today is peanuts. is he right? are the sanctions having the desired economic impact? >> i think he is comparing apples and peanut. because the situation with the soviet union is entirely different. have a partially free and partially integrated economy. right now, russia has a .artially free economy the sanctions are definitely more me for the they would have been in the case of the

peter and odetta. we will hear the echoes of dr. king's word on the washington mall on august 1963. we will recall the memory marching from delano to sacramento. we will shed a tear or two for the trail of tears, slavery, unrelenting exploitation and the other crimes of a now vanquished capitalism. and we will feel a new kinship, a renewed kinship with all the freedom fighters who walked down freedom highway and whose footsteps remains for ever etched in the sands of time. we will on that day, sing the prophetic words of maya , you may write me down in history with your bitter twisted lies. you may trod me in the very dirt, but still by desk i will rise. who will win? who will overcome ? thank you, thank you. [applause] >> on the next " washington talks" edward klein about his book, the clinton versus obama's. then we will look at what economists will look for in the june jobs report and ongoing negotiations over a trade agreement between the u.s. and european union, a deal that would create a market for 800 million people and joined by that editor of the natural -- to discuss thel

peter. in ukraine you're there romana still more than a hundred victims. in that site as well how is the investigation progressing. dr we are here at the crash site itself malaysian airlines flight seventy nine and according to the monitors from the ground station for security and cooperation in europe there are still body fragments scattered here and it's going to be a kilometer radius of the crash sites not all of them have been recovered the always see had been here on the ground starting from the second day after the crash and malaysian aviation experts have also arrived here five days after the crash and that's when the investigation commenced all the sides involved in this investigation including the monitors expressed satisfaction with the level of access that they got here with a level of security and makes. a gratitude in that regard as well meanwhile malaysian prime minister said he is not about to blame anybody for the crash of this malaysian airlines flight seventeen until concrete evidence is there so he's waiting for the investigation to commence investigation had started but it's a long way from finish

us andmmer will join peter cook will join us as well later on "bloomberg surveillance ." dr. this means. these are much more serious than the previous sanctions with some real long-term effects. ian bremmer on russia, an update on the geopolitics of ukraine. morgan stanley out with earnings in our 7:00 hour. robert in our deli will join us. for years with home depot and chrysler. eli.ill talk to bob nard about all of these mergers going on and what the new strategy is. the bombshell yesterday of time warner in play as well. >> absolutely. in terms of sanctions, when you look at companies like rosneft, gazprombank on that list. something getting more serious. really good to hear your conversations later on during "surveillance." now let's turn our attention to the media world. john malone is snapping up a stake in i-tv. liberty global bought more than six percent from bskyb. thank you very much for joining us. so what does this mean for the individual is involved? liberty and sky and i-tv. keeping it within europe, there are plenty of changes afoot. >> for sky, this was an exp

peter cook, joining us from capitol hill. the fed chair's goal is to convey information without roiling financial markets. michael mckee is here to tell us whether dr. yellen accomplished that today. >> she did not roil markets, but there was little expectation that she would. fed has said, janet yellen has said, for quite some time now. feeling they have not a compost their goals as far as unemployment and inflation are concerned, although some members of the fed think they are getting close. they are going to continue with the taper. they will start thinking in the fall about when they will start raising rates, but no time soon. >> tomorrow, dr. yellen goes before the house financial services committee. are we expecting anything different? >> there is a proposal in the impose a rule on the fed, and audit on steroids. they would have to follow the taylor rule in setting monetary policy. janet yellen said that would have been a disaster in 2008, when the economy was falling off the cliff. the taylor rule would have required them to raise interest rates. some members of the house are likely to ask her about that tomorrow. wexler was a little bit of

peter lerner will join us in our next hour. thanks very much for joining us. i'll also speak up next with a member of the palestinian parliament, dr. mustafa barghouti. we'll get his take on what's going on. a very different i'm sure. this is the situation room special report. (vo) friday night has always been all fun and games, here at the harrison household. but one dark, stormy evening... she needed a good meal and a good family. so we gave her purina cat chow complete. it's great because it has the four cornerstones of nutrition. everything a cat needs for the first step to a healthy, happy life. purina cat chow complete. share your rescue story and join us in building better lives. one rescue at a time. we're changing the way we do business, with startup ny. we've created tax free zones throughout the state. and startup ny companies will be investing hundreds of millions of dollars in jobs and infrastructure. thanks to startup ny, businesses can operate tax free for 10 years. no property tax. no business tax. and no sales tax. which means more growth for your business, and more jobs. it's not just business as usual. see how n

dr. somers, please proceed with your testimony. >> ranking member michaud and committee members. we're touched to be able to testify here today. we're glad to be seeing our own california representative scott peters and mr. sila who have been with us along the way to help with the experiences of our son. >> our nightmare started january 15 when daniel came back from his second service of combat in iraq. he suffered traumatic brain injury and gulf war syndrome. daniel spent six tragic years trying to access the va health and benefit systems before finally collapsing under the weight of his own despair. we have attached the story of daniel somers to our testimony which provides the details of his efforts, and we hope you will read it if you have not already done so. today it is our objective to begin the process which will ultimately provide hope and care to the 22 veterans a day who are presently ending their lives. >> just over a year ago and four days after daniel's death, feeling fortunate that we at least had a letter from him, howard and i -- howard is a urologist and i spent 30 years in the business of health care -- sat down with daniel's wife who is a bachelor of science and nursing, and h