gazprom, according to the contract and addendum will suspend delivers. of course, it may create a threat to europe to our european partners. >> the democrat democratic republic of congo, the government launched a military assault against rebel forces. taking on a group for the libber eights of rwanda including murder and reach. the french president arrived in the philippines for a 2-day visit. they will press for action on climate change. the trip is part of a campaign ahead of a much-anticipated global conference. the meeting is called cut 21. calling on all countries to cut greenhouse emissions by 202. at the previous talks in peru frameworks were set for an agreement, but experts warn striking a deal will not be easy, and the talks are likely to see fierce debate. >> one country with high hopes for the climate change in paris in december is malaysia. coastal erosion has taken a toll on the wildlife and communities. a problem shared by many asian pacific nations. let's get more on this. our correspondent joining us from penang. an opportune time to be

gazprom claims it is owed more than $2 billion at an interruption of the supply to ukraine is thought be unlikely to affect european supplies. highlighted at the oscars on sunday nights, pay equality between men and women, best supporting actor winner patricia arquette race the issue in her acceptance speech. let us remind you what she had to say. >> to every woman who gave birth to every taxpayer in cincinnati this nation -- taxpayer and citizen of this nation we have lot for everybody else is equal rights. it is our time to have wage equality once and for all, and equal rights for women in the united states of america. [cheers and applause] >> meryl streep there supporting patricia arquette, more support for the cause for the international monetary fund says a new report that paying women more has benefits for the whole economy. the i must study says closing the gender gap can help boost economy by up to 35% removing access to unemployment with a key factor for women too. let's listen to a deputy director of the imus. >> 90% of countries, there was one law that impacted women differ

then the head of gazprom said unless kiev prepaid its obligation for march's gas supply it would be shuthin two days. vladimir putin speaking on wednesday has given ukraine a little bit more leeway but only a couple of days more saying in three or four days unless ukraine pace up the gas will be shut off. now this was always going to be happening again, because the deal that was agreed in october of last year was only going to take us up through until the end of spring here. maybe the end of march. so at some point there is going to have to be a new negotiation on the gas supply between ukraine and russia. but we're not quite there yet, consider this to be -- maybe the opening salvo in that new battle. >>> a jury in the u.s. state of texas has found a former marine guilty of killing the man inspired by the movie "american sniper." >>> now to india where swine flu has killed more than 800 people in the past two months. more than 14,000 others have tested positive. mass awareness campaigns have begun, along with restrictions on public gathering in some areas. >> reporter: government scient

if there won't be a further payment, then according to the contract, gazprom will stop the gas shipmentof course it may disrupt transit of gas to europe as well. >> putin likened the stoppage to genocide. he said about 4 million people in eastern ukraine will be left without gas in the winter. the region is under control by russian separatists. putin said the ukrainian government must bear the responsibility if it considers the region to be its territory. >>> officials from the european union are eager to take a leading role in reducing greenhouse gas emissions. they propose that world leaders cut co2 emissions by 60% from 2010 levels by 2050. and they want every country to play a role. the existing kyoto protocol requires only developed countries to reduce emissions. global leaders hope to reach an agreement at a u.n. meeting later this year on a new framework beyond 2020. members of the european commission had proposed a long-term goal be included in the new framework. they've also called for reviewing efforts and targets every five years. they say the new pact should be legally bindi

. >> gazprom is seeking a u.s. stamp of approval. they are working on a fresh two-year authorization to move as much as $2 billion in natural gas to the u.s., mexico and canada. they might impose additional sanctions on russia. >> let's check out what's happening in the markets. first stocks. yesterday we had some highs. today we backed off a little bit. though we're not down by much. the ftse is down less than 1/10 of 1%. the dax has backed off a little bit as well. still north of 11, though after yesterday's highs. i think it is holding ground to be honest. these are fairly smufles. >> let's have a look at some of the currencies. yesterday we were talking about currency wars. janet yellen was down playing the notion that central banks around are the world engaging -- being labeled a currency rating. they were expecting still a big majority for june and it seems as though that has been pushed back. >> the message hard to decipher what she was saying. almost like greenspan. i think the message was we have a recovery. we think we need

yesterday we have from the head of gazprom, the russian gas giant saying unless kiev paid it prepaymentor march, it wouldn't supply that gas, and therefore, the gas would be shut off to ukraine in a couple of days vladimir putin said in the next three to four days if it doesn't pay up for march it will be shut off. >> what threat to european supplies does this spat pose, rory? >> reporter: well the russians are saying this will be a threat to european supplies because if gas gets completely shut off to ukraine, then the -- the through-flow to europe will be hit as well. so i think that's probably a warning shot to the european union that maybe they should take notice of what is going on and maybe give kiev a helping hand or at least a bit of advise. all of this is going to happen anyway, because the agreements that were reached at the end of october, or in october of last year, were only going to take us through to about march of 2015. so there was always going to be a point at this end of this winter, early spring where a new gas deal was going to have to be negotiated so we're not qui

gazprom refusing to deliver supplies until it receives payment.kraine is struggling financially as it awaits funds from a new bailout. >>> united continental shares falling after it urged pilots to stop making mistakes in the cockpit a leaked safety memo gave examples when pilots put lives of passengers in danger. >>> danger at the doctor's office. how a deadly bacteria now spread to outpatient clinics. cdc using a major warning on this one. melissa: issuing a major warning. >>> plus meet the caregiver the future. how robotic bears are helping sick and elderly getting people out of bed. do you ever have too much money or robotic nurses? ♪ you're driving along, having a perfectly nice day, when out of nowhere a pick-up truck slams into your brand new car. one second it wasn't there and the next second... boom! you've had your first accident. now you have to make your first claim. so you talk to your insurance company and... boom! you're blindsided for a second time. they won't give you enough money to replace your brand new car. don't those people

we had the chairman of gas prom -- gazprom saying the ukrainians have only paid enough to get gas throughtalks on this happening in the next days? >> i have heard mixed reports. part of the problem is russians have started to supply the separatist controlled regions with gas directly, but they are saying ukrainians have to pay for it because it is part of your country. ukrainians are saying that is not fair, you pay for it. francine: i am sure we are going to hear a lot more. that is it for "the pulse." keep it right here. guy: "surveillance" is up next. francine: we will see you tomorrow. ♪ tom: nervous quiet as a cease-fire holds in ukraine. angela merkel rounds up support for a bailout. greece wants -- to pay the imf. markets vote for deflation. germany bones. 30 one million large, that is with the boston red sox will pay a 19-year-old from cuba. we are live from our headquarters in new york. joining me, olivia sterns. olivia: fireworks on day two of janet yellen's testimony. she is accused of being too closely aligned with the white house and democrats. >> you are not willing to tell

russia's gazprom has said it will start supplying the rebel held area.s not a good sign. the minsk agreement was supposed to lead to the re incorporation of rebel held areas into ukraine. ukraine cut off gas supplies wednesday and russia responded by saying it would supply gas and charged ukraine for it. what it means is the rebel areas are effectively going to stay separate entities. francine: thank you so much. henry in moscow. back with more from randall kroszner formal federal reserve governor and professor at the booth school at the university of chicago. when we look at what is going around the world, we talked about greece and the fact that the world and markets, that is either a. -- that is europe. why are we not taking more notice at what is happening in russia and ukraine? randall kroszner: some risk spreads are higher than they were last year. certainly the russian ruble it's sharp movements down suggest markets have reacted. in ukraine similar kinds of things. the markets have reacted to some extent. with political issues it is hard to predic

gazprom shares also weakened. some weakness coming through.s on russia. >> they were downgraded on friday. what we're seeing this morning there is a note out of the marty saying that because of this moody's move two ratings agencies have russia rated as junk. that forces indices to go, can i hold this stock and these bonds? they may be forced to liquidate. index funds may need to sell. $3.4 billion worth of holdings. david cameron also warning that russia will face further economic sanctions if ukraine rebels push for more territorial gains. they said a truce was the path to civility. warnings from david cameron. you also saw russians arrive in paris today. more talks on that. >> still a top concern from an investment perspective. >> we are still below the closing record at the end of january. the intraday record was when russia boosted the dollar against the ruble to almost 80. we are at 63. as the bar chart said yesterday many forecasting the ruble to continue its decline despite this recent surge. >> let's talk about one of the other recent

gazprom is siting a challenging business environment. they said it would total $30 million saying the considerable reduction of capex allows us to show a strong cash flow. this stock is on the move and in today's trade it's up about 1.6%. let's take a look at oil prices. one of the reasons investors say that equity price versus been moving higher. the come back up about 11% over the past two days. trading up by 2.2%. brent crude up about 2.4%. the big question is can the rally continue? and with the surge in oil prices over the last number of days do you think oil has seen a bottom? let us know what you think. you can join in on the conversation here on worldwide exchange. e-mail at worldwide@cnbc.com. i'm sure there's an active discussion around weather. oil prices have hit a bottom. >> at cnbc and yes oil has hit a bottom and it's moving higher. the aussie dollar hit a six year low after they slashed rates adding to the slide. however the canadian dollar has given up gains after rallying on the jump in crude. paul is the head of curren