our company is taking part in it now and moving to a new level within the economic unit. we have free movement of capital, and labor across the country of the union. we have agreed to develop together -- next year will hold a summit i am sure we'll have a showing that it is a positive agenda of the corporation. i suggest we start consultation with that sco and new countries about joining the sco. talks regarding new economic partnership. together a countries account for about one third of global production which is optimized of movement of goods across borders, we can harmonize standards. open access to each other's labor and capital markets. of course the partnership should be equal for russia to partnership would create fundamentally new opportunities to supply food, energy, engineering services, healthcare services and play a leading role in forming new technology markets. also by rushing will help develop our infrastructure with hubs, the bottom seaports on the baltic sea, and the parties are air transportation system in the arctic and other areas, we will consider th

their unit economics don't work. mately in rising markets, people don't ask the hard questions about cash flow generation, unit you know, leverage of scale, etc.. they focus on revenue. and we have all learned this lesson before. ultimately, they have to get to a place to generate cash, and valuations are ultimately about cash flow. i have about 20 more questions, and we have to get going. thank you so much. [applause] ♪ anchor: and we're going to go to lunch. just kidding. you guys are all here. what are you excited about? i'm going to do this part of my job and relish it. please welcome to the stage snoop dogg. ♪ snoop: what's up? anchor: we go way back. wherever you like. actually, you are going to sit in the middle. you are here. snoop yes. anchor: it is all happening. live, and in the flesh. you have been investing a while now. first of all, if i invest, it has to be something that is fun and amazing. i associate myself with it, and that is what i am looking for when i do invest. of your in terms investing, are y

united states. in addition to the important economic relationship to the united states there is a critical ally defense and antiterrorist relationship as well as humanitarian an educational program priority in place. in october 2009 the u.s. congress have a partnership pakistan and demonstrates the us long commitment to cooperation with the pakistani people and their civilian institutions. in may 2014 the visit to washington, us and pakistan established a joint action plan to expand bilateral trade over five years. january 2015 250 million to help pakistan facilitate the release, reconstruction command return of federally administered tribal areas with counterterrorism operations and did so with pakistan is a partner in the global war on terror. pakistan has had a cooperative and long-standing relationship with the united states on counterterrorism efforts, particularly since september 11. pakistan has provided the us with a number of military airports and bases along with other logistical support for the war on terror. pakistan has also captured more than 600 members of al qaeda, taliban, isi s and ha

for most people here, the end of fighting may not equal the end of their economic crisis >>> the united nations says physical and sexual abuse against women and children in south africa are often regarded as normal. the special group is urging the government to end the fight. a report from our correspondent where some parts are so dangerous the police refuse to go in >> reporter: she was raped by a traditional healer who said that she needed to be cleansed of an evil spirit. she is only 13. the green door center is one of the few places rape victims can go for counselling. >> translation: he helped me by giving me clothes and soaps and by introducing me to other victims for support. we share experiences which stops me from getting depressed. >> reporter: this is one of the places the u.n. special group for violence against women went on a special fact finding mission. sexual abuse is often accepted as a fact of life. she says the government must do more. does the government need to put the money where its mouth is? >> yes. this is very important. understanding that adoption of the law,

unite shd work together to pu back against the pressure that they field. ell. vago: and this is all based on trade. >> very few want to challelenge china economically but they'll nt to rely on united dates for security. -- united states f security. >> i do not think that the chinese are very fearful they are proceeding without being deterred. --ould like to note it mention that talking about m ike's comments, tt is where our military strategy is. integrate wh japan and defended place. we'll turn it to that, if we cannot pull it off your we decided just to costly, is t pull back to an offshore defense strategy. but right now our strategy but right against their fears. vago: let me go to the p pavemet and get your view on this. patrick, the obama administration has been executing a pivot part of it is diplomatic, part of it is economics. th imf picking the currency as a reserve currency. administration is always saying we are not containing, we are not boxing chinana in, we're just trying to ensure regional stability and pull the country into the i international order. what is the verdict on the pivot? what is good about it, what is not good about it and what has

the impact culturally, economically is huge, and air canada is happy to sit down with markets across united states to see where it makes sense to increase and add those crowds to increase these benefits -- add those routes benefits. stewart: you cannot north by northwest. fitti: yes, wonderful. howard: i think it is important for canadian carriers to benefit american carriers and the reverse. the ability for more direct flights to allow more connectivity, especially now that we are in a service economy, we can track the statistics. austin travel has jumped starting around 2004. again, we have not done an economist study yet, but we can see one correlation in the service industry. the service industry seems to require a lot more travel, so i think having those connections allows for those activities. stewart: question in the middle. wait for the microphone for one second and then i will get over here. tara: i am from the delegation from the european union in washington, i just want to chime in to discussion about the economic benefits of easy travel. we are very worried about the discussions

. >> well, consumer spending of course makes up a huge portion of economic activity in the united states and like wreaths, eggnog and carols last minute shopping is part of the christmas tradition. this year is no different with retailers hoping a late rush will add sparkle to what has been a pretty tame holiday shopping season. mary thompson reports from the queen center mall in elmhurst new york. >> on the day before christmas all through this mall some shoppers were running to get gifts for all. >> we're last minute during the first minute of the last minute. >> the international council of shopping centers saying as of monday a quarter of americans had christmas shopping to do and 10% hadn't started. >> as a last minute shopper i think i'm definitely going to spend a lot more than i would have a month ago but tis the season. >> most last minute shoppers tend to bargain hunters waiting for steep mark downs during the final countdown to christmas. this year though the anticipated last minute rush is being spurred by another formidable force, mother nature. >> overall we've had a very w

for othere you have private technology companies out there about how to manage cash, and unit economicsnvironment? >> we have always been a disciplined and patient company and tried to focus on the and balance sensible levels of growth, president -- profitability, and cash flow all at the same time rather than putting all the chips in one basket. i advise entrepreneurs to remove or you're running a marathon and not a sprint and discipline. emily: we are seeing a lot of private technology companies waiting longer and longer to go public, raising higher and higher valuations. you have taken the plunge. do you think more of these companies should consider going public in 2016? should they not be afraid? a company think should go public until it is ready. we have been ready for years. we have a lot of diversified products and operate in 160 companies around the world. we have got a management team we have built up and the products we built, we are ready to go public. i do not think a company should rush into that. valuations may or may not represent what is done in the public market. we are

bring all their employees on as full-time employees, so they can work as long as they make the unit economicsfor the business. cory: thank you very much. in an interesting conversation. 2015 ended with a fizzle on wall street. all those details next on "bloomberg west." ♪ cory: not much to celebrate on wall street. traders headed home. ended the year with a drop. a rout in commodities. declines. netflix and amazon among the best performers for the year. abigail doolittle has all the details. l: it is been a big year at the nasdaq, the only major u.s. equity indexed to close in the green for 2015. a big piece of this strength is that tech sector. one of the top three performing sectors within the nasdaq composite index. and much of this outperformance came from the big internet companies, including amazon, netflix, facebook and alto that. -- and alphabet. not justop performer, of the big internet companies but of the nasdaq 100 was netflix. 135%,s close up by driven by strong subscriber growth. but netflix was not the only big internet company to pull a double. amazon more than doubled this ye

what we advise our companies is make sure you have a great business, solid unit economics, you're making decisions that are rational and eventually profitable, and let the market take care of itself. we are advising companies to raise capital when available. this is a market that is easy on a relative basis. emily: do you think winter is coming like everybody else? >> i think it's a slow deflation. there's a big difference between 2000 and today. will00, all the startups probably be traded. we knew the valuation, all the financials. today when airbnb versus snapchat raises round -- that happens every 9, 12 months. that will slow the deflation when it will happen. >> any idea what a u.s. rate hike means for the copious amounts of venture capital floating around international startup markets? >> it's funny you say that. we are an alternative lender that actually operates in the u.s., australia, u.k., and canada. outside the u.s., we have actually seen really no slowdown nor do we anticipate. the m&a activity has been an all-time high. even if it slips down a bit, there's a tremendous amoun

. >> thompson: a study released earlier this month revealed a striking lack of economic mobility in the united states. watch my interview with the report's authors, online at www.pbs.org/newshour. mongolia is a country of three million people wedged between russia and china, that is also influenced by both giants culturally and politically. from 1925 until 1990, mongolia was ruled by a communist regime; then came a peaceful revolution and a multi-party system. as part of its turn toward a free market economy and free speech 25 years ago, mongolia also developed its own brand of rock and roll music. filmmaker lauren knapp traveled there to produce a documentary about that nation's evolving rock music culture called "live from u.b.," a nickname for ulaanbaatar, mongolia's capital. here is a portion of the that film, edited and narrated by lauren knapp. >> reporter: mongolia is a vast landscape of just three million people. half its population is spread out across the rural countryside, herders and heirs to a nomadic culture epitomized by 13th century ruler genghis khan. the rest live in mongolia

this is the economic engine of the united states, and brazil. understand the story through the eyes of those enslaved but also recognize that even if you weren't enslaved, you were shaped by this experience. >> think you so much for joining us. >> thank you. >> you are watching american history tv. all weekend every weekend. like us on facebook. c-span takes you on the road to the white house. our student cam documentary contest asked students to tell us what issues they want to hear. follow our road to the white house coverage. >> elizabeth gray talks about the use and public opinions on opium.laudanum and they were usually upper-class women who were prescribed the drug by their doctors. it was more socially acceptable for them to drink. divideeated a gender between alcoholics and opium addicts. her classes 45 minutes. prof. gray: good morning. we are looking at the issue of in 19th-century, or habitual drug use. ofs is before the concept addiction had been understood. we will look at how that develops, a social meaning.

. >> there's a much more intense focus now on things like unit economics, rather than spending for topine growth. >> it's hard for us to invest in what public mshgts are like in the short and long-term. we don't have a crystal ball that goes out that far. we just have to invest in fundamentally good companies. if we do and those create ebida they will be valuable. >> charles, are you advising your companies that are close to going public that maybe they should hybernate for a bit longer? what's your advice? >> the add invites is build a great business, and if you do, investors will want to invest in that business. don't think that the public markets are nir vaughna. a difficult one in this, and as long as you have cash in the bank and you have a solid birks keep on running and worry about it later. >> more on the arrest of the embattled pharmacy martin, the news conference is expected to begin in brooklyn in 20 minutes. we'll have more on that. and, indeed, rick santelli, what are you watching now? >> well, you know, the fed has its dots. i have a couple of dots myself. only three. it'

and saddle bags, and there's a lot of economic horsepower, and i think when we look at economic horsepower, the unitedtes, obviously, swrumps right out in front of the pack. now, there are issues, the dollar, multi-nationals. we had alsandra discussing chicago pmi today, the weakest since july of 2009. one of the special questions was regarding what the outlook for 2016 is. i also found the transportation costs moving up. a lot of merger and acquisition, a lot of consolidation because with few prices being so low, i think amazon, think manufacturers in general, that these things are going to get passed along. part of that is the dollar, but forgetting the dollar for a minute, diversified economy, and i think that's a big plus. now, it's not to say there aren't issues, but i think the bigger issues are let's take a look at japan. i know that cnbc has been pointing out there are close to 9% in dollar terms in year. it wasn't a lot of movement, actually, this year between the dollar versus yen relationship, but all things being considered, the japanese are moving in so much qe, and much different than th

this is the economic engine of the united states, and brazil. understand the story through the eyes of those enslaved but also recognize that even if you weren't enslaved, you were shaped by this experience. >> lonnie bunch, paul gardullo, thank you so much for joining us. >> thank you. >> all persons having business before the honorable, the supreme court of the united states are admonished to draw near and give their attention. cases,"y on "landmark -- >> you have the right to remain silent, anything you say can and will be used against you in the court of law. >> ok. >> you're sure you understand? >> you. >> after two hours of questioning, he confessed and signed a statement saying his statement had been given voluntarily. he was sentenced to 20 years in prison but his lawyer argued that he had not been told that the right to an attorney or the right to remain silent. a case went all the way to the supreme court. follow the case of miranda evolutionzona and the of policing practices in america with our guests. life, monday nht

economic growth next year will be disappointing. writing in a german newspaper, christine lagarde says that growth in 2016 will also be uneven across the globe. she says rising interest rates in the unitedand the economic slowdown in china sets the theme for weakness. she warns that countries dependent on commodities in particular will grapple with lower commodity prices. this, at a time when we have seen sharp decline in oil prices. sydney -- matteo renzi said that europe's insistence on austerity does not work. comparing the eu to the united states, he says the european union should focus on flexibility, growth, and investment. it follows a warning from the european commission last month that italy is at risk of raking -- breaking eu fiscal rules. >> the policies of the u.s. have brought it out of recession and the european policies have not. if you ask me are you concerned about the economic situation in europe, i say of course i am, because we have chosen the wrong path. what's the right way? flexibility, growth, investments. markus: we're going to take a look at the stock markets. shares in the united states retreat this session as energy stocks once again are coming under pressure

so we, the united states, finances a major portion of their economic and defense military budget. yet, by every measure, terrorism has become worse in both afghanistan and pakistan. in 2010, the most generous u.s. aid package to pakistan of $4.5 billion, $4.5 billion, and the united states suffered the highest level of casualties in afghanistan, almost 500 soldiers. also, pakistan is involved in an arms race against what it believes is its existential threat with india. in fact, according to the carnegie endowment for international peace. pakistan could have 350 nuclear warheads in the next decade becoming the world's third biggest nuclear power, outpacing ind india, france, china, and the united kingdom. there is no positive sign of any improved relations with india because pakistan justifies its nuclear proliferation as a deterrent against aggression from the outside. so the united states has to get tougher with pakistan. we have to call them out on this double game that they have been playing, not this year, not last year, not five years, but for the past 15 years. i can appreci

the impact culturally, economically is huge, and air canada is happy to sit down with markets across unitedtates to see where it makes sense to torease and add those crowds increase these benefits -- add those routes benefits. stewart: you cannot north by northwest. fitti: yes, wonderful. importantthink it is for canadian carriers to benefit american carriers and the reverse. the ability for more direct flights to allow more connectivity, especially now that we are in a service economy, we can track the statistics. austin travel has jumped starting around 2004. not done anve economist study yet, but we can see one correlation in the service industry. the service industry seems to require a lot more travel, so i think having those connections allows for those activities. stewart: question in the middle. wait for the microphone for one second and then i will get over here. delegationfrom the from the european union in washington, i just want to chime in to discussion about the economic benefits of easy travel. about they worried discussions going on in congress right now about the visa progra

the very reason why the united states snapped an economic embargo on cuba. >> are they going to haves? >> sort of the devil in the details, cuban leaders have been meeting or are meeting for paris deals, restructuring their debt and insiders say, what comes out of the deal may be a framework for how cuba pays bam some of this compensation fund. that six, 7 billion they could pay 30 cents on the dollar but look to paris how this deal might unfold. if it does, this is one of the major impediments to lifting the trade embargo. >> david ariosto, thank you for that. the news continues here on al jazeera america. ♪ no indictments, a texas grand jury declines to charge any one in the jail house death of sandra bland and talk to the jury of where the case goes from here. >>> former army sergeant goes before a military judge of charges of exertion and endangering troops. >>> ops forces to battle taliban and six american soldiers who died in the suicide attack are remembere remembered. >>> historic landing a new commercial space flight as the rocket launches and then safely returns to earth.

the very reason why the united states snapped an economic embargo on cuba. >> are they going to have money to do this? >> sort of the devil in the details, cuban leaders have been meeting or are meeting for paris deals, restructuring their debt and insiders say, what comes out of the deal may be a framework for how cuba pays bam some of this compensation fund. that six, 7 billion they could pay 30 cents on the dollar but look to paris how this deal might unfold. if it does, this is one of the major impediments to lifting the trade embargo. >> david ariosto, thank you for that. the news continues here on al jazeera america. >> we're here to fully get into the nuances of everything that's going on, not just in this country, but around the world. getting the news from the people who are affected. >> people need to demand reform... >> ali velshi on target. night. [ ♪ ] >>> using marijuana for fun in colorado and washington state is already legal. and there's a longer list of states where meddiesinal marijuana is -- medicinal marijuana is available. but the federal government lists cannab

the very reason why the united states snapped an economic embargo on cuba. >> are they going to have money to do this? >> sort of the devil in the details, cuban leaders have been meeting or are meeting for paris deals, restructuring their debt and insiders say, what comes out of the deal may be a framework for how cuba pays bam some of this compensation fund. that six, 7 billion they could pay 30 cents on the dollar but look to paris how this deal might unfold. if it does, this is one of the major impediments to lifting the trade embargo. >> david ariosto, thank you for that. the news continues here on al jazeera america. >> on "america tonight": home away from home. a new crisis of people forced from their communities, seeking shelter. in places that feel for. a different kind of border war. "america tonight" on the plight of those trapped between haiti and the dominican republic faced

institute"if you live in a country like china or india where it's politically unstable, the economics are kind of shakey, the united states is a great sort of second place to have."calls program extended once again.in washington i'm kristine frazao reporting. 3 the e- b- 5 program was just extended with the passage of the omnibus spending bill. it will remain intact at least until september 30th of next year. 3 3 still to come tonight on siouxland news at nine... more good news on the economy as we get ready to end 2015... ahead in tonight's fox means business report. 3 3 but first... as millions of americans get ready to ring in the new year... police departments in some of the holiday hotspots are ramping up security. we'll look at what's being done, coming up after the break. 3 "siouxland news at nine on fox 44, with larry wentz, diana 3 we're tracking the latest developments tonight in the war on terror... as police in belgium arrest more terror suspects. leon harris has the latest developments in tonight's terrorism alert desk update. 3 from the terrorism alert desk in washington, i'm leon harris. belgian poli

economic benefits. what we want to make sure though, terrorist cannot come to the united states. and i think this bill is the first in the right direction. thank you all very much. >> iraq, syria, iran and sudan. >> thank you. [inaudible conversations] [inaudible conversations] >> congress to scale should be in for two more weeks of work on capitol hill before wrapping up for the do. house leaders are hoping to finish next week. government spending for the 2016 budget year tops the schedule. current funding runs out next week. the house will vote on a bill to tighten the visa waiver program. the senate will vote on a revised education program doing away with no child left behind. the house approved a measure wednesday and one spouse is finished with the spending bill the senate wanted to vote on it. the house you can watch live on c-span, and the senate on c-span2. >> all persons having business before the honorable the supreme court of the united states admonished to draw near and give their attention. >> monday on c-span the landmark cases we look at the case of baker versus go

probably less focused on the per unit economics and more on the broader distribution of their music.want to bring up this chart. it's kind of an unfair comparison because apple is more than just about apple music. but i want to show just how much pandora has fallen. and get that sense of maybe with the on boarding of apple music willats music subscribers start being converted to apple music. is this a challenge for spotify as well? >> i definitely think this was the year that things moved from radio like streaming to on-demand, which is why apple music came into the market. look at what pandora did last month. on that is betting behavior that people want to hear a specific song, not things that sound like a song. betty: andrew hampp, thank you so much. and paul sweeney, thank you as well. let's turn back to oil. oil is tumbling this morning, driving down the market. we're going to talk about the influence of opec. ♪ 11:00 in new york. 4:00 in london. midnight in hong kong. welcome to bloomberg market. good morning. i'm betty liu. here's what we're watching at this hour. plunging afte

saudi arabia has had strong connections of strategy and economics with the united states but for some americans saudi arabia does not look like much of a friend of the united states at the moment. does saudi arabia look like it is still a partner of the united states to you? >> well, i believe that the relationship is very shaky at the time being. the question is fair and reasonable. when i say reasonable because saudi arabia used united states for its own purposes. the strategy of saudi arabia or saudi royal family based strong doctrine which is to weaken everybody around them, you know, so they want the american and west to intervene and try to defeat him in order to neutralize threat. when saddam hussein the saudi wanted americans to destroy iraq and remove him from power and they have succeeded to use the united states as their own police and the same thing, saudi arabia, they resented that and live off of it and they use the financial muscles, oil muscles and that all to actually push the west to remove gaddafi from power. but i believe now there is a change of the american strat

so we, the united states, finances a major portion of their economic and defense military budget. yet, by every measure, terrorism has become worse in both afghanistan and pakistan. in 2010, the most generous u.s. aid package to pakistan of $4.5 billion, $4.5 billion, and the united states suffered the highest level of casualties in afghanistan, almost 500 soldiers. also, pakistan is involved in an arms race against what it believes is its existential threat with india. in fact, according to the carnegie endowment for international peace. pakistan could have 350 nuclear warheads in the next decade becoming the world's third biggest nuclear power, outpacing india, france, china, and the united kingdom. there is no positive sign of any improved relations with india because pakistan justifies its nuclear proliferation as a deterrent against aggression from the outside. so the united states has to get tougher with pakistan. we have to call them out on this double game that they have been playing, not this year, not last year, not five years, but for the past 15 years. i can appreciate,

pledging support for our thriving film industry make such a valuable cultural and economic con trigution and across the united kingdom. >> i think my honorable friend raises an important point. this is not only very exciting for children and i have to say quite a lot of parents are looking forward to this film, this is a film being made in britain with many britain actors showing the strength of the film industry, but i would say this backed by the british government backed by taxpayers with the excellent resources reprovided. as i worked with them for so many years, i know that he will never join the dark side. [shouting] >> marian fellow. >> thank you, mr. speaker. [shouting] [inaudible] >> are starting to receive notice, given the urgency of the situation will the prime minister pressure to make quick decision for eii and commit to implement the scheme as soon as possible to provide much needed breathing space and to give some hope for my constituents? >> i think the honorable lady is absolutely right to raise this. i can confirm to her that as soon as it's clear the money will be available for the british

he ends up in the united states working in an economics institute. and during world war ii, he is working at this top secret math and statistics lab right near columbia university. i actually had no idea until i was researching this that there was such a thing. it was kind of like the manhattan project, except it actually was in manhattan. it was all these famous statisticians, and the story that i tell in the book is a group of generals come to this group, the statistical research group, it was called the srg. they come to srg and they come to wall, and they say, well, the planes that are coming back from flying missions over germany, there's more bullet holes in some parts of them than others. they're getting hit more in the fuselage and getting hit less in the engines. and they said we want to know how much more armor should we be putting on the places where the planes are getting hit more? how much more heavily should we be arming the fuselage? this is a real question because you don't want to put too much armor on or the plane won't fly. they sa

institute"if you live in a country like china or india where it's politically unstable, the economics are kind of shakey, the united states is a great sort of second place to have."calls for reform turned down - the program extended once again.in washington i'm kristine frazao 3 the e- b- 5 program was just extended with the passage of the spending bill. it will remain intact at least until september 30th of next year. 3 3 iowa hosts number one michigan state in men's basketball. see if the hawkeyes could hold a big lead in this one. 3 and the briar cliff ladies meet host jamestown in a battle of top ten teams. see if they could hold off a jimmies rally late.chris neyenhouse is next with sports. 3 3 as the holiday classic rolls along at briar cliff we get a rankededmatchup o otwo teams who haveveig time postseason aspirations. number ten jamestown came to sioux city having won 8 in a row.forget christmas the jimmies last loss was before thanksgiving! 1) briar cliff overerl cord though. thanks to plays like this from morgan hansen! morganzaa! that's h twitter handle. not sure what the z and the a is for but its fun

it actually creates some important economic opportunities for the united states and american workers90 nations signing on the agreement that we and the united states will bear most of the costs getting things up and running we're told down the road. china andq/ india will pitch in. they've made promises. like myox#/= promise to eat a s, don't hold your breath. ben stein has seen this argument about all the jobs that will be created when he is looking at the jobs in the fossil fuel industry that have already gone thanks to theyqkq+= tumbling eny prices. that ben stein hates. one of the best thinkers i know. ben stein good to see you. >> you're much too kind to me. i want to ask a question. what if manmade climate change is a fraud? saying don't want clean air. i wrote the first speech that president sent up for the clean air act under mr. nixon. but manmade climate change, climate change is very much in-6 the earth stopped heating taupe years ago. -- up 25 years ago. the data to show the earth is the hottest it has been in 200 years is in question because the data from 200 years ago i

back in the 1980's in our country because we wanted to expedite tourism and travel to the united states. economically it's been a tremendous success. however, things have changed. we're in a different world today than we were back in the 1980's -- than we were back in the 1980's, so we identified this visa waiver program something that leaves our country vulnerable. there are 38 participating country, and if you're a citizen in one of those 38 participating countries you don't have the necessity to go to the u.s. embassy or consulate to get your visa. you can travel visa-free. they still do a background, check your passport, but you don't have to get a visa for up to 90 days. there's reciprocity within the united states with that. that is obviously a huge vulnerability. so what our bill essentially does, and was mentioned, this is a bipartisan bill. we are -- we need to talk about regular order. this is a bill that's had a number of hearings in the homeland security committee and the subcommittee that i chair there, borders and maritime, judiciary also had some hearings on this bill -- on this issue.

in fact, the economic studies shows the united states, after 10 years, emissions would be reduced 30%use you have the economy forcing you in the right direction. but as long as you just leave it fossil fuels cheap, you are not going to finally change things. amy: it is not only that fossil fuels are kept cheap, not only u.s. government, governments around the world subsidize the fossil fuel industry. >> yet. amy: far more than any kind of renewable. >> that's right, on a total basis, per unit energy they're subsidizing renewables more. but that's ok. we should not be subsidizing any of them. let this carbon price -- it will favor renewables, favor energy efficiency, favor nuclear power. it will favor anything that is carbon-free. that is the way we should do it. and that is the way conservatives would accept it. this is a revenue neutral approach which does not make the government bigger. and i've talked to some leading conservatives who understand this is not a hoax, that climate change is not a hoax. thisare willing to accept concept of a revenue-neutral carbon base. any cap dr. jam

"risky business" is a nonpartisan analysis of the economic risk of climate change in the united states. it was led by michael bloomberg, henry paulson, and tom steyer. among the findings, if we continue on the same path, by the year 2100, the country could see $701 billion of coastal property underwater. $108 billion in average annual losses from hurricanes and coastal storms on the eastern seaboard and gulf of mexico. and in some states, a loss of up to 70% in average annual crop yields. extreme heat and humidity would also threaten human health, reduce labor productivity, and strain electricity grids. >> global climate change over time poses severe threats to life on earth as we know it today. and as time goes on, those severe threats become greater and greater, and ultimately i think have the potential of becoming catastrophic. >> even if you're skeptical about climate change, there's no denying that it presents major risks that no company, city, or country can afford to ignore. >> i believe the american business community can and must lead the way in helping to reduce these risks.

so we the united states finances a major portion of the economic and defense military budget. yet by every measure terrorism has become worse in both afghanistan and pakistan. in 2010 the most generous u.s. aid package to pakistan, $4.5 billion, $4.5 billion, the united states suffer the highest level of casualties in afghanistan, almost 500 soldiers. also, pakistan is involved in an arms race against what he believes is its existential threat with india. in fact, according to the carnegie endowment for international peace, pakistan could have 350 nuclear warheads in the next decade, becoming the world's third biggest nuclear power, outpacing india, france, china, and the united kingdom. there is no positive sign of any improved relations with india because pakistan justifies its nuclear proliferation as a deterrent against aggression from the outside. so the united states has to get tougher with pakistan. we have to call them out on this double game that they have been playing, not this year, not last year, not five years, but for the past 15 years. i can appreciate, and you i

without the full economic and financial support of the united states, britain -- britain alone would face certain defeat. aware of isolation is in america would make aid on the required scale impossible, on the afternoon of the 25th, the italian embassador to rooms in foreign office, there were rumors that italy was about to enter the war and arrived expected to be interrogged about intention. a foreign secretary wanted to talk about something else. after a few minutes of chitchat, if italy would be prepared to mediate a compromise piece between germany, britain and france. said he would have to consult roam before answering such a momentous question. before he left, he showed a little leg. if such a conference would fell, the war would be pointless, wouldn't it. the next day a rod ramp london sunday, initiated one of the most consequential debates in british history, during a morning meeting of the war cabinet, at that time the body that set british war policy, churchill and four others. it is time to face facts, it's safe guarding our empire, continued for several minutes uninterru

this puts under scrutiny muslim whose by the way, are among the most successful economically upwardley mobile in the united states, so i think maybe there's a role for the pakistani in america -- >> i have to leave it there, we are about to run out of time, but it is great to have you back, we will do it again. >> thank you. >> we are waiting for the start of a news conference the the police in san bernadini, we will bring it to you live, plus, guns in america, not the only shooting in the u.s. yesterday, it wasn't even the only mass shooting been after this. san person donald trump knee. >> based upon how they were reported there had to be some degree of planning. >> and the investigation into why. >> fault lines the ideologist. >> this is yet another manifestation of terrorism. >> or the guns. >> losing 90 people a day to gun violence. >> wided as ever washington weighs in. police the victims and the loves ones they heave behind. >> we are waiting for a news conference for a update from the san bernardino police department. perhaps they will give answers one day after the rampage that left 14 people dead

vice president joe biden will underline support, economic and military from the united states to ukraine. for example, congress passed a defense bill, which authorises $300 million in military assistance to ukraine. third, vice president biden has a message of tough love for petro porashenko and others on economic reforms. there have been no privatizations of state-owned corporations in the ukraine, and that's one of the major sources of corruption. they need to reform its economy and reduce corruption. >> you touched on this, a lot has been said about clashes in the streets, thousands have gone without water. it's been said that ukraine must stop talking and act. what roll is it suggested that russia take? >> the key thing is for russian military equipment and personnel to be pulled out of eastern ukraine, including the proxies and rebels, and allow the organization for security operation in europe, to monitor the border between ukraine, eastern ukraine and russia. that was agreed last year, in minsk. negotiations. in that norm andy format. russia has not been there so far, and russian

the economic history of the united states in the last 30, 40, 50 years has been the undoing of the new deal. that was the name roosevelt gave to what he did in the 1930s. from which the following lesson can be further distilled. the problem for corporations and the rich, who keep running a system that plunges us into crisis after crisis, who have really no effective way to prevent them, who likewise tend to polarize into rich and poor, the problem for corporations and the rich is this--they've got an economic system that constantly provokes the mass of people into thinking that they might be able to use the political system to offset the effects of the economic system. the danger for capitalism has been, if you actually give everybody the vote that the vote will be the way. the political way will be for the majority to recoup for themselves in politics what they lost in the capitalist economic system. that is a great fundamental danger for capitalism. and how has american capitalism, and that in other countries, dealt with this? and the answer is, you've got to control the politics. be

>> when you look at the economic situation when he became president of the united states and he has turned it around. congress and the democrats were very helpful to him and as the majority leader work very closely leader pelosi and leader veryd that he has had successful, anyway you look at the economy whether the value of the stock market, or new jobs created. are we robust enough? can we do more? , but he had one of the and difficult situations in the middle east and around the world. year, the middle east is as complex and chaotic to managers i have seen it. under some members of our caucus, i think we need to have ,n many ways a more robust wholesome, and engaged strategy in iraq. differences between republicans and george bush when he was president and there are differences the between and bill clinton when he was president. that is normal, but the bottom line is that nobody is abandoning president obama on our side of the aisle. we work closely. sometimes we agree and sometimes we don't, but i think you can see that in the overwhelming number of instances, there has been agreement m