do you think that the majority of europeans agree to you know the european commission decision to help your crane at this critical moment list the commission decisions are not being sort of taken in the blue sky it's very much based on the decisions of the member states and how do you institutional. i've negotiated this association agreement for the last seven years and those last seven years we have kept our population informed about what we want to achieve what it is there for ukrainian people and what is there for the opinion people and the member states. so yes i do big spike that that as the government and also the people want to board the association agreement on its implementation well it's interesting to hear about especially because many polls that have been taken recently on this issue of dong support what you are actually saying and i feel look at the results of the latest parliamentary elections in europe it seems that the european europeans i christened me fifty six with any sort of enlargement or association agreements they want their jobs for themselves first they don't

and european sanctions in russia. he spoke at the european counsel for an hour. >> good afternoon. welcome ierm president and ceo of the atlantic council. we're conseled to have with us today the foreign minister of ukraine, mr. klimkin. it almost seems such a great understand statement to say at a litt critical time for his country. a historic time for his country and for the international community. some people talk about interests that perhaps the russians have more interests in ukraine than does the west. europe and the united states. the atlantic council doesn't believe that. i think a lot of others join us in understanding this is about a rules based system about europe whole and free. that the ukraine issue is one that has global repercussions. mr. klimkin is in washington this week consulting with vice president biden, secretary kerry and congressional leadership on a stronger transatlantic response to russian aggression. so thank you mr. minister for everything you're doing in your country and thank you for this very important trip and this time with the atlantic counsel.

the european election reflected that. are these in the european council?is like waking in the u.k. renegotiation? >> it is not right to make personal insults. that is not the approach i took. that i thoughtr this individual was the wrong person to take europe forward to. that was on the basis of experience and what he has explained in the past. they should play no part in this. the weekend policy of standing up for britain has gone down extraordinarily well in the south end. up 5%.lled this >> i was not aware of that. i will be following the reaction in the south and very closely. >> can the prime minister recall that at one time we had a prime minister who also thought that there should be the most fundamental reform of the common much huffingter and puffing he said he had gained the fundamental changes. he never defined what those words to be. they have a real choice this time. might they set up a red and blue line committees so they know from where you stand when it comes to the crucial negotiation's. some people set those out very clearly. we have got

the united states is working hard with central and eastern european countries and the european union to shore up energy security. we've been working to help ukraine reform the gas sector, increase energy efficiency, develop domestic sources including shale gas production and integrate more fully into european energy markets. we're also working with our european allies to increase ukraine's access to gas through reverse flows from countries like slovakia. at the same time, the ukraine crisis has given new impetus for countries to step up efforts to diverse their energy sources and supplies, boost storage, develop networks of interconnectors and reverse flow capacity. as we work with our european allies to shore up a secure, reliable and competitive supply of energy, the united states is devoting greater resources to fight corruption in the region. in the wake of the situation in ukraine and russia, it is time that we treat corruption as a threat to national security and sovereignty. corrupt elites and oligarch interests are supporting each other to manipulatie decisions. they hollow o

but our way is the way to european wellness, to european union, is the way to european standouts. and we will go this way, doesn't matter how difficult it will be and what price we should pay for th that, because it's the choice of all ukrainians, national consensus in ukrainian. consensus in ukrainian society, it's consensus in ukrainian politics. and on the way to european union to become democratic european and united country. of course we need a different security arrangement for ukraine. we are completely different situation now. we always said we have lack of trust, now we have no trust among many hectors in europe. we have to restore this trust. but we have to restore the trust in a way that not that should also be aimed at restoring the status quo. we should also aimed at restoring, we should be aimed at sticking to international law and to political commitments. it's our way, it's our commitment. real solidarity, real engagement from anyone here or anyone in the european union, different corners in this world. it's exactly the prerequisite, exactly the precondition for ou

the majority of europeans hope the u.s. continues to see the issue of energy security of the allies on top of its strategic priorities. the u.s. is expected to share its gas wealth with europe. it needs to dispel worries that its energy independence will result in turns of away from europe and on regions whose security energy supplies depend. lng from the u.s. to europe would be a message, strengthen the transatlantic relationship and besides making economic sense would create jobs both sides of the atlantic. the transatlantic cooperation on energy should result in a more courageous energy mix in europe that should include all sources including shale and nuclear. europe needs to support the building of interconnectors and port facilities to make sure u.s. lng is an important factor n. this, the u.s. private sector should be actively engaged. we need to use all opportunities to shape transatlantic energy agenda intrucluding the tpp pros and the fourth coming nato summit should deal with the issue and by reinventing u.s. euro

in brussels, as we all know, the ability of europeans to forge a consensus inside the european union and commission leads to the lowest common denominator solutions. respectthis engenders in russia. that is the second problem. the third one that makes this crisis field to me less like a cyclical downturn and more like a signal of a fundamental divergence is the growing strength in russia of this persuasive national idea, i don't like to call it ideology, but use that word if you want, that questions the utility of partnership with the west and rejects western values and institutions as any kind of a model for russia. we have seen this happen before as russia turns away from the west and then rapproches with the west at some point, but it has never happened before at a time when factually russia is as integrated into, dependent on, and open to the west as is the case now in russia. so it feels very much like they are two trajectories inside of russia right now, and it is discouraging for me to see how much of that new national idea is founded on the following to that the west and the

new european member states. despite the fact that is still having a lot of problems in the fight against corruption they're closing big ip between them in between the old two member states you see there was an i'm afraid there still is. so-called the exist so-called double standards for the old you member states there's not so many. mechanisms which you've been in commission supplying. they're applying them towards in european member states so there's a there are different standards if you're an orgy of european member states you can do a lot. in the wrong into you will not get even warrant by european commission if you are a new one you have to face warnings and associate in the case of romania bulgaria or so very practical consequences in the form of frozen european funds and so on and so on now you've been tackling corruption in europe for decades you come from the part of the world and you are not from eastern europe where you understand the corruption corruption is in some ways part of the political culture

the european gas market is surprisingly complacent about the situation. spot gas prices have dropped significantly although gas storage capacity has risen, actual storage is not as high as it could be. the risk of miscalculation is high. meanwhile russia is pushing the south stream pipe line which would pass uk an all together. i instinctually question economic negotiations brokened by european leaders. it has become serious when negotiators stopped talking to the press. long term sustainable economic transactions cannot be placed mainly on political conditions which tend to change as we discovered with the russian ukrainian gas deals of january 2006, january 2009, april, 2010, and last november. raising matters to the highest political level as europe has done only invites russia to make political command demands such as accommodation of the occupation of crimea, stopping further economic sanctions. the only issue is to strengthen ukraine. the energy minister observed first hand and up close the blunders made by previous ukrainian governments on policy.

we depend on that, we europeans. this is a time we can use economic or soft power, however you want to call it. it may not be to the liking of the more staunch republicans in america, but at least europe is doing something. i'm not sure they want to do much more. they a they are very tied, in this case, to russia. it's easy for america to say we have to step up our sanctions, but we depend on russia. finally we're doing something. so it should be, you know, cause for small, small, small celebration. >> and not to make this all about us, as we want to do, but under president george w. bush, there was a bit of a strain in the relationship between the u.s. and much of europe, i think it's fair to say. one of the things that we were hoping for when we elected barack obama in 2008 was that those relationships would be mended and be more productive. we hear, though, all the time from the right in this country that this president is viewed as weak and feckless around the world. i'm wondering from your perspecti perspective,

that is according to two european diplomats. the measures include an arms embargo and financial limitations for russian banks. meanwhile, the white house is poised to announce new economic sanctions against russia. they are waiting for u.s. president barack obama to speak on that any moment now. meanwhile, here is the latest from europe. >> after months of hesitation, finally an agreement. european leaders in america agreed to enforce tougher sanctions against russia. that are growing concerns instead of pulling back after the crash, russia's involvement in ukraine will likely intensify. >> we and our european partners will take additional measures and impose wider sanctions on key sections of the russian economy if that is what we must do. >> the new european sanctions were discussed at ambassadors meeting in brussels today. they will likely include capital market restrictions for state-owned banks, an embargo on future arms sales, and restrictions on technology transfers for russian energy firms. they have been wary of sanctio

interests as europeans are about protecting european economic interests. that means taking action to prevent and to specify consequences from any effort to screw around with the safe harbor over this issue, which really has nothing to do with the law of privacy in europe, which the safe harbor already fully vindicates. >> let's say there's an art imitates life and a company decides to become the google braff zill. >> we call it orca. >> to do a sort of check the box exercise? i would like all of my data to avoid a u.s. server, can the zeros and ones really do that? i wonder, there's a certain element of this dialogue we're having which is very pragmatic from a policy perspective but i don't know that technically some of the things that we're dealing with are feasible. i realize i said this wouldn't be a technical discussion but just ponder. >> so i think i would rely on real tech knowledgist to answer -- technologist to answer the feasibility. you're seeing companies saying if you want to host your data in a particular market, we will host your dwrate in t

the critical objective for ukraine is to be brought into that community of european energy, european energy so that they are part of the strength of a community of 400 million consumers and not just left alone. they can be part of those rules and be treated in the same way as that market has treated them they are in a much stronger position than they are otherwise. that is in the foundation of where we have been trying to move. one of the things we just got a note about energy in the ukraine is in part of politics and economics in the country since independence right bill? to control the gas system and controlled money in one election has been a reality in the past so one of the things for this government is to change that and cut a link to the past and bring greater transparency to the energy system and bring greater if christians say since ukraine consumes three times more energy for the production of ginebra gdp than any other country in europe. so what are we trying to do? i think first to give that a little bit of perspective, let me just run over the numbers in my apologies if

and european businesses. in my view, unless putin is confronted with strong disincentives, he will continue to ensure that the ukraunian government will not be able to stabilize the situation and that he will position himself to fill the power vacuum when the government can't fill the needs of parts the ukrainian people. what steps and measures must putin take to resolving the conflict and at what point would you call his bluff and proceed with additional sanctions? we're pleased to have distinguished panels before the committee. we look forward to gaining a deeper insight into what's happening and the geopolitical ramifications. let me turn to senator corker for his comments. >> thanks for calling the hearing. welcome our witnesses on both panels. i think we've got an outstanding group of people here today that i know will be very informative. i know this is almost becoming a cliche, but russia seems to be a master at escalating and de-escalating at the same time acts of duplicity which keep the western worl

russia cannot expect to continue enjoying access to european markets, european capital, european knowledge and technical expertise while she feels conflict in one of europe's nations. we must do what is necessary to stand up to russia and put an end to the conflicts in ukraine before any more innocent lives are lost. >> you can find all of british prime minister david cameron's remarks at the house of commons online at c-span.org. >>> next, a discussion on the state of health care provider networks under the health care law. topics include the cost, access, and overall quality of the networks. hosted by the alliance for health reform, this is an hour and a half. >>> i always enjoy speaking at alliance for health reform events. and so today i'm going to talk about -- i have been using the term limited networks. it's less charged. and really about why we have these -- these plans have really been around for a long time, but with the development of the public exchanges became far more prominent than just put the issue on the radar screen of a lot more policymakers. and i want to start with th

he lost in european elections, but was returned to his post by european deputies. >> now he faces a tough task of uniting an increasingly factitious group of lawmakers. parliamentary elections in may saw the rise of the far right and eurosceptic parties who want to dismantle business as usual in brussels. >> the first session of european parliament was marked by a symbolic show of dissent. eurosceptic mep's turned their backs as the european anthem was played during the opening ceremony. many were angry at what they called a done deal -- the reelection of the parliament's president. the socialist is the first mep to fill the post for a second consecutive term. >> nobody in the european union can ignore this parliament. this unique institution. either on the national level or on the european level. we are a source of democratic legitimacy in europe. >> three political groupings in the european parliament put forward their own candidates, including the far left. >> we want to make the point that young people's futures are being stolen by the way the politics have worked until now. they must

this is true for the western european car markets.ot so true if you take russia and turkey in these numbers. russia was weak and turkey is flat. we do expect the european car market to be on the level of the previous year. >> ok. let's talk about russia. the effects that russia might have these iv the western a vis the- vis western european car market. could it slow the recovery down? >> the russian market is less than 10% of the european car market. if you see in such a market, as we do expect about 10% decline to share, this has already some affect on the european market overall. it is still below 10% share of the market, so it has a limited impact, but it will have an impact on the european car market overall. >> do you think consumer sentiment in western europe will be affected as well? evidence showing the german economy is slowing as a result of this. there might be some impact on german exports in this region. hard to predict how much this impact will be. , ourtalk about continental sales to russia is less than one percent of o

, most of the ships are european, and many of the troops are european. this is nato solidarity in action. truly all for one and one for all. but we must also plan for the future and be ready to deal with any threats from wherever they come. so for our wales summit, we will ensure that nato is always prepared through our new readiness action plan. we're looking closely at how we deploy our forces for defense and deterrence, what combination of forces we need, where they should be deployed, and their readiness. we are also considering re-enforcement meshes, such as necessary infrastructure, the designation of bases, and prepositioning of equipment and supplies. we are reviewing our defense plans, threat assessments, intelligence sharing arrangements, and early warning procedures. we also are developing a new exercise schedule adapted to the new security environment. and we want to further strengthen our nato response force and special forces so we can respond more quickly to any threat against any member of the alliance, including when we have little warni

countries or western european countries will be considered as corruption nowadays. yeah that's exactly the point you see lobbying by itself it's not corruption not the difference between lobbying can corruption sort of simply if you lobby you have to convince somebody read the power of the argument if you're corrupting somebody you you convince him or her we depart of the money so and if you make it transparent it is in the states cities soon some other countries this in europe or support and has a very good lobbying courageously then of course it is much more difficult to use lobbying reform of corruption countries which don't want to do it basically lobbying is still happening but this happening in show it involves a lot of corruption to cascade something have you or your colleagues ever been approached with bribes let's say has anyone ever come up to you and said listen we're going to give you a bribe mr cause and you lay all flesh and stop checking up on us. what happened to us in the police. many of the go in there must say that i would not like to do this to h

the european bank of redevelopment. this is the european financial reaction. the u.s. closing markets.nd financial european reaction, how do you look at that? >> the european reaction is a little bit of a slap on the hand. not much more. funding and some agreed to expand their sanctions list. they are not telling us the names but they are working on that and will get back to us. the u.s. has been more aggressive. we -- he putin said things talking about like retaliation. he said this is a dead-end for u.s.-russian relations and called this aggressive healthy. -- policy. freezing these countries out of the u.s. debt and equity markets. all these companies worth watching today. that is a big deal. >> $17 million worth of debt. >> 74 overall. a quick check on what is happening with equity markets. the russian stock market is 2%. we will see how the ruble trades. also indicating quite a bit lower this morning. let's have a look at those. we're seeing a move on european equity futures. and .48.ris the markets are beginning to react but the stock of the day is -- >> sap. we

interests as the europeans are about protecting european economic interests. that means taking actions to prevent and specify consequences from any effort to screw around with the safe harbor over this issue which really has nothing to do with the law of privacy in europe which the safe harbor already fully indicates. >> let's get away from a second and say there's an art imitates life and a company decides to become the google of brazil, is is there an -- >> we call it or cut. >> to do a check the box exercise of i would like all my data to avoid a u.s. server? can the zeros and ones really do that? there's an element of the dialogue we're having which is pragmatic prom a policy perspective, but i don't know technically some of the things are feasible. >> i think i would rely on a real technologist to answer the feasibility of that. i think you are seeing some companies saying if you want to host your data in a particular market, we will host your data in that market. the problem is only the goe lie yaths can do that and there is a huge swath of the technolog

government's been telling european governments they need to wake up. they've been too reluctant to punish russia for its actions in ukraine. too keen to protect their own contracts. at it's meeting of foreign ministers in the wake of the malaysian air disaster, europe feels it has done just that. they opened with a minute silence. the dutch foreign minister then spoke passionately to e.u. colleagues of his country's loss. how he'd known seven people on the flight. how russian backed separatists might be tampering with the evidence at the crash scene. europe, he said after the meeting, had toughened it's stance. >> i'm happy with the fact that so many of my colleagues expressed solidarity and support for the victims and their loved ones. i'm also happy that we have taken a decision which i think is quite forceful and that we >> president obama said europe needed to wake up. do you think europe did wake up today? >> i think europe did wake up. >> and the skeptics who says actually all we've got is a list of names potentially by the end of the week that w

as a result european imports increased last year. western european import facilities are working at low utilization rates. even if u.s. ong exports were available today they would not be imported by europe but east asia with gas prices about double european prices. when the united states begins to export in a few years the benefits to europe lies not in the quantities but in future price formulation in global gas markets. international gas priceses may no longer rise and fall with oil prices. with prices in different regions converging as a result of u.s. exports. the competitive advantage to shale gas revolution provided the u.s. economy with lower gas and electricity prices coupled with reduced greenhouse gas migs caused european s to re-examine energy policies with renewed effort for further market liberalization, enforcement of competition rules and rethink on the use of domestic energy resources. in the meantime, the crisis in ukraine caused by russian action a presents a clear and present danger for european energy security. th

. >> european markets just opening. let's check in with manus cranny. >> i do not know whether i will get the garden gnome or not. equity markets at the moment just beginning to start trading. it is down to mario draghi. changing rates. where do we go in the language of for guidance? yellen last night making statements in regards to not needing to raise rates or use monetary policy to burst bubbl es. it is dovish. eurozone services. let's get into one or two. you will get eurozone services, that is the final one. daimler is up. so it is all about the ecb and the fed. those are going to be the key issues, not the fed but nonfarm payrolls. daimler came out with their view on the truck business. truck business, earnings will be higher. globally, the market will be flat relative to last year. and european markets will still be at the lower end. it is not playing ball. there really is not. profit will be hit by 35 million. beatty.ye on balfour this is a big engineering company and the u.k. metro, the german retailer, has com

also direct involvement from european and u.s.panies and some of these russian companies as well. this takes me to the second point. the second point is it made result in russia adopting a more isolationist stance. also financial market and of course, that will have unintended consequences as well. it will likely have negative is a quizzes for portfolio and direct investors. my advance -- my point has been clear. , fisher market advisors really state out of the equity market. the implications for emerging markets, you have russia as part of a bench mark. they tend to be more tactical. go down onoad we invest, the risk of unintended consequences is particularly high. over the medium term, especially if the oil price comes down, it will be very poor indeed. >> thank you very much joining us from georgia and. much foryou very joining us. a link between one and another. more on the story. we'll see you in a moment. ♪ >> good morning and welcome back. you are watching "the pulse." i am guy johnson. let us find a how the markets are tra

what got the europeans to turn here?unds like -- tell me if it's true -- their sanctions have stepped up quite a bit. >> they are the first sectoral sanctions the europeans imposed. banned weapons sales to moscow, and they restrict russian access to financial markets. the loans can be no longer than 90 days. it's debatable whether what really got their attention was what josh called the head snapper, the downing of malaysian flight mh17 and also today the u.s. charged russia with violating the intermediate range nuclear forces treaty that bans testing missiles that fly between 500 and 5500-kilometers. the russians tested a missile back in 2008, and the u.s. has been basically trying to decide whether to formally charge them with this until now, when the formal charges were made in a letter from the president to vladimir putin. >> you mentioned the downing of the mall sharon airline -- malaysian airlines jet. it's unfathomable international investigators have not been able to get in there even after the locals cut the pla

they are also dependent upon the european market, so i think the europeans can go much further in sanctionsshould do so as quickly as possible. and finally, it's in the interests of europe and the united states to help the ukrainians secure their borders, up the training and supplying of the ukrainian military forces, and, of course, continue to stress the need for reform, political and economic, inside ukraine. all of that should be done simultaneously. >> you say in the book that you've felt, and in interviews subsequently, that the reset with russia worked because you got a new strategic arms treaty out of it, you got the russians to agree to sanctions on iran. why do you think then that it stopped working? what changed? >> well, i thought a lot about that because i was among the most skeptical of putin during the time that i was there, in part because i thought he had never given up on his vision of bringing mother russia back to the forefront, not by looking at what russia could do to be a modern nation, but by looking to the past, and especially trying to control their borders from ce

european integration. and i also, i also can follow the change in atmosphere both here and the european union from the perception of partnership towards a real solidarity and engagement. and it's probably, probably, you know, later than we wanted to, but it's already, it's already a fact of life. >> and just one quick follow up. we've been doing a lot of work up on the hill, and there's been a very active debate about the right kind of military assistance for ukraine because, after all, you're in a conflict today to. are you seeing movement, progress on that particular issue? and then i'll turn to -- [inaudible] please. >> yes, and not only here in d.c. last week we were able to veto from supplies for the european union on the 24th, so we have different options and different ways now. but again, it's not just about transfer of our military capability. it's about, it's about reform and reshuffle for the whole security sector in ukraine not only for military forces, but it's not all aimed at military solutio

and european businesses. in my view unless putin is confronted was strong disincentives he will continue to ensure that the ukrainian government will not be able to stabilize the situation and he will position itself to fill the power vacuum when the government can't fill the need. what steps and measures must putin take to demonstrate his commitment to resolving the conflict, and at what point would you call his bluff and proceed with additional sanctions? employees to have such distinguished panelists before the committee. with that let me turn to the ranking member of. >> thank you, mr. chairman. thank you for calling a hearing. i welcome our witnesses. we have an outstanding group of people. i know this is almost becoming a cliche, but you know, russia seems to be a master at escalating and the escalating, acts of duplicity let's keep the western world of balance. now look forward to hearing from our witnesses today what phase they think we're and relative to russia. i know that we have some people here t

a second factor is the very complex political context that pote the europeans and -- both the europeans and the americans are working at as we formulate and implement our policies. here in washington that statesmanlike-consensus that used to exist that foreign policy stops at the water's edge, we need to work together on especially on special, important countries like russia. that's been gone for so long it's hard for some of us old hands to even remember it existed or some of the younger people in the audience to even imagine that it existed. .. i would say the situation is worse in russia with the duma and the federation council and their views on we've got a problem peans to forge a consensus inside the european union and the commission lead to lowest common denominator solution. none of this engenders respect in russia. so that is the third problem. this makes this crisis feel to me less like a cyclical downturn and more like a signal after fundamental divergence is the growing strength in russia of this persuasive national idea, i don't like to call it ideology but you can use that

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meanwhile in brussels as we all know, the ability of the european symphonic and 58 the european union and the commission released two lowest common denominator solution. none of this engenders respect of russia said that his problem. the third one and i will end on this that makes this crisis feels to me less like a cyclical downturn and more like a signal of a fundamental divergence is the growing strength of russia at this persuasive national idea. you can use the word if you want that questions the utility of partnership with the west and rejects western values and institutions as any kind of a model for russia. we see this happen is russia turned away from the west and never approaches at some point. .. there are two trajectories inside of russia right now and it is discouraging for me to see how much of that new national idea is founded on a mythology that the west and the united states want to weaken russia. a weak russia, in my opinion, and the opinion of everyone i know who does policy on russia, europe and the united states, a weak russia is our worst nightmare but working wi

no more financing from european companies to russian banks. afternoon, everybody. in the netherlands, malaysia, australia and countries around the world, families are still in shock over the sudden and tragic loss of nearly 300 loved ones. senselessly killed when their civilian airliner was shot down over territory controlled by russian-backed separatists in ukraine. these grieving families and their nations are our friends and our allies, and amid our prayers and our outrage, the united states continues to do everything in our power to help bring home their loved ones, support the international investigation and make sure justice is done. since the shootdown, however, russia and its proxies in ukraine have failed to cooperate with the investigation and to take the opportunity to pursue a diplomatic solution to the conflict in ukraine. these russian-backed separatists have continued to interfere in the crash investigation and to tamper with the evidence. they have continued to shoot down ukrainian aircraft in the region, and because of their a

we are not seeing the europeans go quite to the same level, but the europeans are also making their ownoves today. >> is there any evidence that sanctions such as these will have the desired foreign policy result? >> senior administration officials are making the case that the sanctions of us far have had an impact on the economy, have done harm to of vladimir putin, and that this is another escalation. they are willing to go even further if these do not produce the desired results. they are saying that the evidence is we have seen, for example, a flow of heavy weapons from russia since the sanctions have been imposed, since the ukrainian election that has actually increased. this is a concern by the united states that russia has not held up its side of the bargain to de-escalate the tensions. the question will be, will these get laughed at in russia, or will they actually carry some pain/ we will hear the president talk about this at 5:15. no doubt we will hear from russians immediately. some very big-name companies, and this will be registered in the markets. we'll have thee, presiden

there was a european monitoring mission that visited the bodies today. we're waiting for what the investigation team is saying will be on the move later in the day. that would be made much more difficult now because fighting has gone on notice in donetsk where this european monitoring mission is. we're hearing it probably will come here, and that's not confirmed. the prime minister of ukraine has said they're going to do everything they can to help with the investigation, and that included handing over the operations to a dutch delegation that's leading up this investigation. also, the bodies will be transferred to the netherlands once they make it to a safer spot to be transferred for dna analysis. it seems as though there's several more steps that need to happen where this identification process can go on for the victims of the this flight. >> we're waiting for the president. he'll be speaking from the white house in a short while. mike viqueira is there. mike, what exactly can we expect to hear from the president today? >> reporter: well, del, we're e

european banks and firms who need it for their international transactions so that will promote the use of the renminbi in europe i don't think it's going to change the financial landscape in the short run but it's a positive step from the point of view of renminbi internationalization. now paul craig roberts told me that the future of the international monetary system has to match our multi-polar global economy in which the us is just a one actor do you agree and if so why well it's like george orwell in animal farm right all the animals are created equal some are more equal than others i think we will move toward a more multipolar monetary system that better matches our multi-polar global economy because as i said before the united states will not be big enough to provide safe and liquid assets on the scale that the twenty first century global economy requires but the dollar is likely to be first among equals for a considerable period going forward simply because the us treasury bond market is the single largest financial market in the world it's deep it's liquid it's a safe haven it'

>> my goal is to reach the european final in 200 and 100 meters.after that to be the european champion. but i will only think about that when i'm in the final. you aree believe that reaching european national records. what do you think? >> for the moment, it is true. i've got it in mind. before that, i need to beat my personal best of 9.95. after that, i want to go under 9.90. for the moment, it is a long way away. >> how fast do you think you can be echo what do you want to accomplish -- can you be -- how fast do you think you can be? when you walk away from the sport, what do you want people to think about you? >> my final goal is to be olympic champion. what i want most is to have an incredible time -- a record that no one can beat. >> anytime. >> thank you. it was a pleasure talking to you. >> he will definitely want to keepgg99Ññwçça7guc >> jock brandis, a movie gaffer and radio engineer in wilmington, north carolina, climbs a transmission tower for routine maintenance. this is just a day job, but his thoughts are an ocean away. he first we

but most of the planes are european. most of the ships are european. many of the troops are european. this is nato solidarity in action. truly all for one and one for all. we must also plan for the future. and be ready to deal with any threats from wherever they come. so for our wales summit, we will ensure that nato was always prepared through our new readiness action plan. we are looking closely at how we deploy our forces for defense and deterrence, what combination of forces we need, where they should be deployed, and the readiness -- their readiness. we are also considering reinforcement measures such as necessary infrastructure, the designation of bases and prefers a shooting of equipment and supplies. we are reviewing our defense plans, assessments, sharing arrangements, and early warning procedure. we are also adapting a new exercise schedule to the new schedule to the new security environment. we want to strengthen our nato response force and special forces so we can respond to any threat against any member of the alliance, including when we h

germany is a pivotal player in -- also recall that germany in the 28 member european union is the no. 1 power. also apart from the european union, president obama needs chancellor merkel's cooperation for some of the sensitive initiatives, particularly the nuclear talks with iran. >> how much damage has been done to the relationship by the u.s. spying? >> german public opinion is -- she secretly knows this is just how the world works. but she has to go tough. german public opinion is a streak of anti-americanism and they have their history of spying -- >> germany is not interested in a serious rift with the u.s. there's a group called the 5i's. they agree not to spy on each other. in exchange far that, they have extraordinary access to each other's intelligence. the germans were asked if they want to be part of that and they didn't want to. you can see the cia is over there. it was a node for the 9/11. i can see how the cia overstepped. she's right to react the way she did, but i agree with you. she's a grown up -- >> obama has taken a deep hit in the polls in germany. germany's, quot

european losses triggered by portuguese bank.sident obama agrees to inter convenience on middle east tensions. >>> and there's a big tobacco merger. >>> a big deal in the tobacco sector is set to go up in smoke. lorillard and reynolds american are looking as combining two of the largest cigarettemakers. the companies have agreed on key issues, including price and which brands to sell to appease anti-trust regulators. the deal could be announced as early as next week. the performance in the uk markets imperial tobacco, up 3%. reynolds american higher by 0.8%. lorillard up..7%. >>> mark your calendar, reports say al by baba could start the upcoming ipo process within next few weeks. bertha coombs has all the details from cnbc hq. bertha. >> julia, not just of the year, alibaba's ipo is widely expected to be one of the largest ever. reports say the chinese e-commerce giant plans to launch the ipo progress by tend of this month. "the wall street journal" says alibaba shared the timetable in an e-mail with current investors. the compa