according to a report in the financial times we have more on what alice think about it and how business program in twenty minutes. to jab you with us at seven pm in moscow i'm at treasure you're watching r t russia and poland are marking one year since a plane crash killed the polish president and many of the country's political elite remember and ceremonies are underway in western russia at the site of the tragedy where ninety six people died last april or he's ours hebert has more from the scene . the presidents of both russia and poland to me that image there. are all ski are in smolinski today to pay their respects to the victims of that fatal plane crash that killed the polish president lech kaczynski a year ago yesterday sunday april the tenth that marks one year exactly to the day that that people of one five four crashed in the trees just behind me killing all ninety six on board those included the polish president his wife the chief of the air force and conan's military chief making of the situation even more poignant is the reason why that plane had taken off from warsaw and t

joined by joe menn of "the financial times" and ben parr of mashables. if you give away that research for free, how do you make any money? >> you want to show people how much you know and the type of information that you have. and then they know they have to come back to you for more information and insights. >> now, do you give them half the information and then say for the rest of the analysis about your company, you know, click here? >> we give as much as the data as we can to help them make decisions. there's always customization required. you have to know specific markets. you just can't fit all that in, or it's unreadable. >> do you go to a company -- or do you do a report about a company and then say look, i've got this? i will give you this much of it? >> no. i don't practice that. i think that's a form of hijacking, really. you want to show the market how you can help them make decisions in their business. you know, this is a trend. every single industry has been disrupted by social media. media, finance, tech companies. so this is just coming t

so here's the financial times. so what is this. tell me what the financial time is. >> it is a snapshot of the world every day, the interception of priisms and finance globally. business politics finance and economics. this is the crucial point that offers a global perspective. that's one of the reasons i was this asia for nearly 12 days. that's one of the reasons i'm in america. we need a global perspective to knit that world together, to connect the dots. because you know one of the great messages of the last few years charlie, and i think it started with the financial crises is just how much more interconnected, if you like, correlated. this is one of the messages in the arab awakening in the middle east. it's not just a story for the search of human freedom in that vict volatile area of the world. it's also how american technology. the has are hard nesting that technology to drive change. >> charlie: you can't keep them affected by what's going around in the world and not participating in what a lot of the world is participatin

up two and japan's percent after those recalls in the financial times that b.p. is raising a buyout of its russian partners of the company. that was also his business update on all stories known for a website called slash business. culture is that so much of a given to huge musician as opposed to trying to hide from the markets opening the door to tear the al qaeda franchise has been largely absent from the arab awakening knowing that up to now out of the. wealthy british science. is not on the title. market why not come to. find out what's really happening to the global economy with mike's cause or for a no holds barred look at the global financial headlines.

complete catastrophe a quick glance across the pond or a back to a quick read through today's financial times tells a different tale of the effects of the two thousand and eight financial meltdown not everybody has suffered like the united states in fact some countries in europe are doing just fine thank you very much sweden today is planning tax cuts you know not because they think paul ryan has a good idea when it comes to budgeting but instead because their economy is the fastest growing economy in europe and their government is starting to run surpluses sweden is doing just fine because they didn't have a housing bubble or a banking disaster like we did because they use something called regulation they regulate their banks stirrers basically what america used to do from one nine hundred thirty two just after the last time banks crashed our economy all the way up until the one nine hundred eighty s. when suddenly president ronald reagan and every president after him including bill clinton pretty much forgot just how damaging the regulation can be in fact senator levin's report cites weak r

that's according to a report in the financial times on monday a british company is trying to save its deal with russian oil major rosneft to explore the arctic shelf artie's correspondent laura emmet has more on that story. we're seeing the deadline for this deal being resolved loom ever closer it's still thursday the fourteenth of april that leaves just around about three days to get this all sorted out we're seeing various rumors coming to the fore most notably one in the financial times where sources say that b.p. and potentially as partners could be preparing to buy out the russian shareholders stake in t.n. k p p now they may be going in and doing that together and it's a stake which could be worth up to thirty billion dollars now the various parties are desperate to have this situation resolved and in fact it's likely that we'll see more state intervention come during this week more pressure from the state which has been conspicuously absent in the days leading up to this also he wants this because russia is one of the very few places that it can now go for new production growth

martin wolf from the "financial times". we'll be back. stay with us. >> rose: steve and cokie roberts are here. they met as students when she was at s wellesley and he at harvard. they had different religions over terz t years their individual feiths have fortified their relationship. "our haggadah: united tradition through interfaith families" is a new book they have written together. i'm pleased to have these journalists and partners of 45 years with a bunch of grandchildren joining me now from this program. welcome. >> charlie, always so good to be with you. >> thank you so much, pal. >> rose: you, too, my friend. of all the things you might write about-- >> (laughs) and have. >> rose: and have, yes. why the? >> well, because it's handy. people all around the country and the world celebrate passover and this is a passover... this is the ril wall for passover. it's a book that contains the prayers of the passover service. and we have had a passover seder for more than 40 years and it's always been a mimeographed originally and then xero

host: that is "the financial times" this morning. here is "the washington times" this morning.y say this. here is "the atlanta journal constitution" courtesy of the newseum this morning. host: akron, ohio. joe is an independent. your thoughts on this? go ahead. caller: we are taking the word of s&p and i do not know if they have any credibility. if you look get out they rated mortgage-backed securities three years ago. you know, they went to congress and they said that is just their opinion. people should take more -- take a better look into this situation and if they feel like they should invest in treasury bills and the u.s. government, then they should go ahead. the rating system is flawed. who is checking how they rate these things? host: joe, do you have concern over the nation's debt and deficit? caller: oh, yes, i have concerns over the nation's debt and deficit. host: put s&p aside, or the political aspects of s&p, do you think the debt-deficit situation warrants a warning and alarm? caller: you know what? i'm sorry. i really don't see the fire storm that is approaching

that may change of time as our financial changes. >> one more question regarding your testimony. you talked about dodd-frank, you say "much work needs to be done." can you expand. there are 250 rulemaking that needs to be done and studies the need to happen. it involves efforts of many agencies, not just treasury or fdic but the federal reserve and the sec and others. that is the work i am referring to. a number of those things, -- have been done or in process. there is a lot more work to be done. >> thank you. i have one last question. the government is a player and referee. do you say a conflict in all of this? >> i do not think we want the government to be a player in the sense of having interest in firms. that is why we're unwinding the program quickly and get out of the business of owning stakes in private companies. we have been successful in doing that quickly. the government needs to stick to a to roll of regulating risk and monitoring risk and taking action when firms pose risks to the system but clearly, we have to have a system where there is no firm that is too big to

the "financial times" says the city ranks high in live expectancy, adult literacy, low perception oforruption, internet download speed, unemployment rate and three dozen other categories. internet download speed was a big factor determining the quality of life where you live. there you go. >> ask my kids. does the x-box work better? >> let's move, dad. they have faster internet over there. >> exactly. >>> 5:16. time for a look at the easter weekend forecast. it's a holiday and this is good friday. >> i wish i could say all is clear as far as the rain, but there is still a chance out there. this morning, fog along the coast. some of is it pushing to san francisco. otherwise, it's pretty clear this morning. up to 5:17 almost. let's talk about the temperatures. it's cooler this morning. maybe your heater kicked on last night as we dropped to the low 40s, around santa rosa and napa. mid-to-upper 40s everywhere else. concord and antioch. lone two reporting stations holding on to 50 and 52. around monterey bay, we have mid-40s. inland, 39 in gilroy. our highlights increasing clouds. that's

our focus will be to maintain our solvency and avoid state takeover and survive to see better financial times ahead. crucial to all this

we had an aggressive program years ago in better financial times, and we feel quite a number of positions, i think approximately 100, over a two- year period to move forward with a program to identify these. some repositions, unfortunately, because of the budget constraints were eliminated. we have what classifications would be appropriate, and we way those in terms of establishing priorities for which could move forward and be filled. for example, we just hired 15 new community service police aides, and they started a special class this week to assist with the non peace officer duties, in particular looking at customer service out in the field, and that will eliminate some of the duties of the police officers so they can be better deployed. chair chu: thank you, supervisor wiener. supervisor mirkarimi? supervisor mirkarimi: what about economizing approved using other partners, like the sheriff's department, for example, since we have sworn personnel in the sheriff's department? stationed transfer unit, the serving of warrants, felony warrants, etc. it dollar for dollar, it is probably a

financial times looked at the north central and south america region for its report on city of the future. and sunnyvale is the top small city with best economic potential. financial times says the city ranks high in life expectancy, adult literacy, low perception of corruption, number of path, internet down load speed, unemployment rate, and nearly 3 dozen other categories. kudo to sunnyvale. >>> when we continues here tonight. white house okays the use of armed drone in libya. l about. >> high price fundraiser for the president. then this happens. >> if ♪ we honor you today sir. >> a what if your child had a disorder that required a diet full of bacon. 90 percent fat? you will see what some parents are could go to try to save their children. >> california new plan that could raise millions of dollars for local schools. how you will be directly involved. another half hour of news will be directly involved. another half hour of news begins here in ju >> good evening once again. here's a look at the headlines we are following for you tonight. chairman chief executive and president peter da

our focus will be to maintain our solvency and avoid state takeover and survive to see better financial times ahead. crucial to all this is in gauging the community and providing meaningful opportunities for stakeholders to inform the budget decisions -- at schools and at the district level. we have -- and this is a very rough proposal. we are still fleshing out the details. some of the areas we have looked at our targeted to close the deficit. again, this is just a proposal. we have some additional revenue from the arra pose a fiscal stimulus money that we can utilize in the current fiscal year to the tune of a little over $200,000 that would help cushion some of the deficit that we are facing. in 2011-2012, we look forward to receiving some rainy day funds from the city's rainy day reserve. we are proposing $5.5 million of cuts to essential services. and an additional $5.3 million cut to school sites. $2 million of cuts to -- i'm sorry. question -- when you're talking about cuts to school sites, can you give me an idea -- what with these cuts manifest? what does it look like? >> first of al

a couple writers from the "financial times" got to talk to him.ys that he's been approached by harvard and northwestern to contribute to ethics courses. >> hmm. >> i think he indicates harvard is his first choice. >> so he would be the example of what not to do as somebody in that business? >> apparently so. 72 years old. they said he looks pretty good right now. >> reading danielle steele. >> he's suntanned. it really is a very, very intriguing article. we'll have a lot more on that coming up. >>> so ponzi schemes. how about some ponzi schemes. >> do you think bernie is getting all buff behind bars? >> it seems like he's doing a lot of reading. >> he's doing a lot of talking. >> he's definitely doing a lot of talking. kind of still playing the media, and spinning his story as best he can. >> mm-hmm. >> he just -- he's going on and on. >> you were talking about how these business schools are getting in touch with him to talk about ethics. >> he says they are. >> how would they get in touch with him? you can't give him a call, can you? >> he has pe

i was in the middle of writing the financial times story about women entrepreneurs and afghanistan and i was writing the case for the harvard business school and some of them were really interesting but then i met this young woman who was telling me during passionately about her third business and why entrepreneur ship was the answer for so many of the afghanistan clothes and i said will barely 30 and i know you're not 30 so how do you know that much about this? she looked at me as if it were so obvious and sidley tikrit business of the taliban that support of all these women in my neighborhood of and i was supposed to be a professor but was those years that may be an entrepreneur because i learned about business because my family was counting on me and that is i thought what a story that stands for so many of us. >> host: colorado is next. good afternoon. colorado, are you there? okay. let's move on to georgia, please. are you on the air? georgia, go ahead, please. >> caller: first of all i want to thank you for writing the book. i was so angry when i heard that americans just to dism

declined two percent resale sales dropping three percent this was just reported yesterday in the financial times this is and it was predicted actually when cameron first came out with his budget in the financial thought back you know some time ago so is this what the republicans are trying to do in the united states crashed the economy did well first of all the what's going on in the u.k. they also had a drop in their in their jobless numbers as well so it's not entirely clear that there are security measures are leading necessarily to a recession i mean if you look at some of our numbers we saw jobless going jump up recently and we have only you know we haven't even gotten to a security measures you know only recently so i don't know that it all that. measures leads to recession i think there is you know we have to look at what we mean by austerity measures is it austerity for one particular part of the population being the disabled children and the elderly or is it austerity across the board because this idea that we're going to go in and fix this with the time limits but not look at what we'r

according to the financial times of london it's the best small city in the country for economic potential. city leaders say they are not surprised. >> sounds like you're bragging. >> yes, i am. as i often tell my employees now is not the time to be modest. >> fremont is number 3, oakland number 4. >>> well, easter is this sunday and roberta is going to tell us what she is going to be wearing with her easter bonnet this sunday. roberta. >> a dress. [ laughter ] >> and the rain jacket i'll leave at home because the rain on sunday for easter sunday as far as the timing is concerned should trickle on in towards later portion of the afternoon. temperatures today similar to yesterday upper 50s and upper 60s. those warmer numbers south of san jose. i want to share with you our live high-def doppler radar. when you see green on the screen that means rainfall. this is case it is rain. this sets the stage for the poe tanks of wet weekend. here you go. out and about on this friday evening, for the next 60 minutes we have numbers in the upper 50s and the mid-60s. under motorly cloudy skies. it is bre

in a jailhouse interview with "the financial times," madoff alleges j.p. morgan chase, the primary banker for his firm, had enough information about his account to be suspicious. the trustee liquidating madoff's firm sued the bank last year for $6 billion. he also sued hsbc for $9 billion. madoff predicts that bank will have "big problems." hsbc says it didn't know anything about madoff's fraud. >> susie: tom, it is a few points higher, a few steps back and today with the step back, it shows that there is a lack of conviction by investors. >> tom: a lack of conviction, while we're still close to post rehis-- recession highs but not a lot of volume, not a lot of volatility in the market and that goes tore today as well. let's get everybody updated with tonight's market focus >> tom: the strong earthquake in japan and the lack of any budget deal in washington helped send u.s. stocks adrift, ending with small losses. consumer stocks held their own, though, in part on the heels of good jobs data and retail sales. home depot was the best dow industrial gainer,

jonathan while of bloomberg was happy to point out for us and as john gapper said in a recent financial times article basically to the international community he looks like the he and charlie munger look like the beverly hillbillies of finance you know talking spewing out these big platitudes but now when you look behind the platitudes you find out that there's something darker going on and i kind of trace that back to august two thousand and eight when i really saw this fall off the cliff warren buffett was on a town hall panel after david walker's piece called i.o.u.'s a talking about the big debt the u.s. government was getting into and this is a month before the balance and warren buffett broke ranks with everybody on the panel including david walker pete peterson a number of other people on the panel and he was the only one that broke ranks and he basically tried to minimize and undermine the entire message of the movie and of the panel and basically he said the united states you know we're good for it we can . our way out of all of this big debt but i think he knew that the fannie and f

hugely to explore the russian option because of the actions of the british company on monday the financial times said b.p. is preparing to buy out its russian partners and repeat as it's trying to save its deal with russian oil major ross never to explore the architecture of how about christine from standard and poor's strains it makes more sense for me to sell out of ten k. to a set of by the way. i think that probably has made it clear that he wants to try to get this deal through you know mono that's acceptable to all parties involved now this is a deal that will be very beneficial for russia it's a deal that's beneficial for b.p. and the people standing in the way i came k b p on the contrary people here in london are saying wait a minute why should be by k b p maybe b.p. should fail its share on p. and k b p the problem is who would both of them be proven to be a very different. partner so i doubt there will be many offers nevertheless that if they allow another option it would be a harsh option for b.p. and i'm sure a lot of shareholders would not approve of it but it will secure the long

k d p that's according to a report in the financial times on sourced article the f.t. says the british all major good finance the deal alone all together with state owned loss that the stake may be worth not just thirty billion dollars b.p. is trying to save the arctic exploration and share small do it signed with ross netting january and. come out joining me live by our correspondent in london or at least hello there laura so it looks like we're getting down to the endgame own weight. we certainly are the response to this ruling by the court of arbitration at the end of last week by the deputy prime minister for energy steps and wants to impose again this april fourteenth deadline so the policies are going to go until thursday to resolve this situation now the government up till now has had quite a hands off attitude waiting to see if these parties can sort out this dispute amongst themselves but what we're expecting to see this week is an increase in pressure applied by the states as that deadline looms closer and then possibly direct intervention if we get to thursd

you commented that saudi arabia voluntarily or intimated that they could not sell there was a financial times last week it will be just today president barack obama implored the saudis to increase oil production i think we put a price ownership world there's no there are no refineries in the united states that don't have oil we've got our strategic reserves are tapped out in fact people are saying that he should drain them to try to drive the prices down but it's you know frankly i don't think it's going to make any difference what accounted for the oil spight two and a half years ago three years is the same thing it was goldman sachs campbell in a one whale i mean i don't believe that was the case i think it was more the forces of supply and demand with respect to tuna a few years ago that was before the economic crash before the the late zero eight occurred so it was suddenly so much at economic activity to double the price of oil in six months if you were close to the prices across the board i mean metals be a food commodities be it liquid be a great man so he did. great exposé on how gold

is trying to buy out russian partners in according to recent reports on the financial times thanks very much. now let's move on let's look at the markets oil prices at least slightly amid reports that levy and leader moammar gadhafi has accepted a peace plan to end the conflict in the country brant crude is trading slightly below one hundred twenty six dollars a barrel while the light sweet is around one hundred twelve dollars a barrel best sour. and prices for precious metals have reached another record amid concerns of a past growing inflation in the world gold is currently trading at around one thousand four hundred and sixty nine dollars per ounce gold silver is about forty one dollars per ounce which is the highest for three decades. and here in moscow the markets have given up earlier gains and are trading in the. read anything session them isaacs is currently losing more than point seven percent with energy and metal sectors leading the fall. that's all time that's all the time we have for this edition of our business out there but join me in less than one hour for more here on o

i'm feeling all right with the financial. times and i have the honor of taking the cost of the great spacecraft into space first i was very happy to have that it was only the beginning of april twelve thousand nine hundred sixty one the day you to go got in blasted off into space orbited the earth and made history. a feat celebrated across the globe in the arrival surely it was incredible it was hard to believe that this actually happened the national course but for this man it was also the day his name shakti thing you know i didn't use her liquid appears didn't know where i was serving they only knew i graduated from pilots academy i'm at the facility was working it was top secret when they heard that you regarded being sent into space they soon it was me janice came to our house to interview with parents where they mean nothing i think they could have had a heart attack one of us like this one will serve as a reminder for future generations of man's first journey into space but for now there are still those who can tell the stor

according to a report in the financial times their own source of the f.t.c. says the british oil major could finance the deal alone all together with state owned rosner at the stake may be worth up to thirty billion dollars a piece trying to say the arctic exploration. you know it's signed with last night in january that's after repeated found in favor of b.p. its current russian poet has a on but the do you buy a shareholder agreement. prices have eased slightly i mean the report was that libyan leader moammar gadhafi has accepted a peace plan to end the conflict in the country brant crude is trading around one hundred twenty six dollars per barrel while the light sweet is over one hundred twelve dollars a barrel the. prices for precious metals have reached another record and major concerns over fast growing inflation in the world gold is currently trading at around one thousand four hundred seventy five dollars per ounce well so but it was about forty one dollars pounds which is the highs two or three decades that sounds have a look at how the stock markets

paid according to the financial times the british companies trying to save its deal with russia all major also have to explore the ark's accel how about christine some standard and poor's things it makes more sense for b.p. to some out of the team here and sort of buying. i think that probably has made it clear that he wants to try to get this deal through you know manner that's acceptable to all parties involved now this is appealed there will be very beneficial for russia it's a deal that's beneficial for b.p. and the people standing in the way of ten k d p on the contrary people here in london nothing wait a minute why should they buy here in k b p maybe b.p. should sell its share on. the problem is who would buy them they've proven to be a very difficult partner soit out there would be many offers never the less there is still another option it will be a harsh option for b.p. and i'm sure a lot of shareholders would not approve of it but it will secure the long term of b.p. it will allow it to go forward with the deal and start on a clean slate it's a big chunk represented thirty six

lot of mistrust between both sides neither willing to be the first to lay down arms but on the financial times a slightly different picture is emerging we are hearing from the country's former prime minister mr. baby that the lines of communication has been opened and that they're hoping to intensify them they say that they are talking with the british the french and the americans to reach some kind of neutral settlement that would see the stopping of killings of civilians now we are hearing the same line coming out of london it has confirmed that in recent weeks it has been meeting in private with several high ranking libyan officials we know that just on greens day mohammed ismail who is a custody aide of gadhafi son was in london he was trying to organize what we understand some kind of exit strategy for the gadhafi family but landed insisting that any kind of deal any kind of settlement plan would have to include gadhafi himself stepping down we're hearing from doctors on the front line and some of the most recent nato airstrikes at least seven civilians were killed they were all children

peter all of the reporting that and just to remind you on monday the financial times said b.p.'s preparing to buy out its russian partners in ten k. people as it's trying to save its deal with a russian or major loss net to explore the arctic shelf however christine to scurry from standard and poor's makes more sense for people to sell out of ten instead of buying for the real. i think that probably has made it clear that he wants to try to get this deal through in a manner that's acceptable to all parties involved now this is a deal that will be very beneficial for russia it's a deal that's beneficial for b.p. and the people standing in the way or to be on the contrary people here in london are saying wait a minute why should they have id and k b p maybe bt should sell its share on p. and k b p the problem is who would buying them they're proving to be a very difficult partner so i doubt there will be many offers nevertheless there is still another option it will be a harsh option for b.p. and i'm sure a lot of shareholders would not approve of it but it will secure the long te

reserve at whose feet a lot of the blame for the financial meltdown can be laid and an op ed in the financial times the last in wall street reform was he advocated less regulation writing with notable rare exceptions to those and. for example you can lowball invisible hand has created roads it was stable exchange rates interest rates prices and wage rates. of two thousand and eight a rare exception that's right greenspan called the worst financial collapse since one nine hundred twenty nine which by the way he helped create a rare xcept. i suppose he also consider the nine hundred twenty nine crash a rare exception in deregulated markets these guys are just able just not able to see the obvious truth deregulated markets as happened in the twenty's as happened in the in the late ninety's early two thousand always lead to crashes. homes and that's and the very very ugly florida governor rick scott today scott laid out his agenda to make deep cuts to state programs that this is developmentally disabled individuals including a fifteen percent cut it will affect thirty thousand floridians with autism an

claiming the company breached the joint ventures agreement that's according to the financial times now tank a group he will seek damages of up to ten billion dollars saying it lost an opportunity to explore the russian because of the actions of the british company on monday the newspaper said b.p.'s preparing to buy out its russian partners in ten k. b.p. as it's trying to save its deal with a russian oil major also have to explore the oxygen of however christine says korean from standard and poor's the things it makes more sense for b.p. to sell out of tea and cake with the sort of by the way. i think that probably has made it clear that he wants to try to get this deal through you know manner that's acceptable to all parties involved now this is a deal that will be very beneficial for russia it's a deal that's beneficial for b.p. and the people standing in the way i repeat on the contrary people here in london they're saying wait a minute why should be. maybe b.p. should sell its share of peat the problem is who would buy one of them they've proven to be a very difficult partner so i

writes the financial times which company is trying to save its deal with bussing all next year will snap its called the arctic so we have one that after the cold. five pm in moscow i match president very good to have you with us here on r t our top story russia and poland marking one year since a plane crash that killed the polish president and most of the country's political elite come on memorial ceremonies are underway in western russia at the site of the tragedy where ninety six people died last april we go live now to our correspondent alex hibbert there for us now hello alice so how are russia and poland commemorating the accident that's been dubbed poland's worst tragedy since the second world war. well just a few moments ago we saw all the presidents of russia and poland in the dead of and wrongness of total ski laying flowers at the very sight of the crash just behind me they arrived a little earlier in the day interesting meeting in the dead of the changes to fly here. to drive just moments from moscow sunday april potential cool smart exactly one year to the day that said that

according to a report in the financial times their own source also called the f.t.c. says the british oil major could finance the deal alone all together with state owned ralston at the stake may be worth up to thirty billion dollars a piece trying to save the oxygen exploration and shut small deal it signed with ross after january after repeated quote rulings found in favor of b.p.'s current russian partners are the big deal broker shareholder agreement. buster has of calling gas supplies to japan in the wake of its earthquake but analysts say demand for many other russian produced commodities but also increase as they were construction of the world's third largest economy gathers pace. if we look at the void that's going to be created from the nuclear power industry because that slows down. energy demand doesn't slow down has to come from other sources so we're talking about electricity generation and that can only come from either wind solar tiny i mean de minimus core fission of production so what's left coal and natural gas from elegy and that's coming from russi