understanding that our whole effort to be a global city is directly part of every community, that is ntains our global status, rights to the level of the bayview. i know our friends here will want to talk to me. i will continue to meet with everyone in the bayview who wants to meet with me. everyone's input is equally important, and that is a lesson that i learned from ms. jackson many years ago. everybody's voice has to be heard. when you listen to everybody, no matter who you are, the matter what position you hold in the city, you end up with the projects, the way things are done. so i want to share that with you, thank you for being here with me, recognize everyone here today. we are breaking ground, building a library, connecting everyone together. we should do more of this and find more people to participate. thank you for being here. [applause] >> thank you, mayor. we are the envy of many libraries nationwide. it is because we have leadership like mayor lee who understands the role of libraries. thank you for your wonderful testimonial. with us here as well from the mayor's offi

executive director of global city. there's a lot to like about this project. some of the open space stuff is clever. some thought has gone into the architectural design. we're interested in this project because it will in live in the corner of two very important streets in the city. seventh, we envision this as a gateway street that would lead from the muni station down to downtown western soma and down to 16th street. seventh is an important street. it is the street. -- that has the potential to connect north of market to mission bay. it is the important we get the street frontage is right. we're here to object to the proposed exception under section 329 from the active use requirements. we have been before this commission twice this year. to strengthen the active use requirements and extend them to every district. we have been to the mixed use areas. with those ordinances which were endorsed by the planning department staff and the commission, they said we will give exceptions for active use under narrow circumstances. one would be a historic building. you c

that's due to a horrific hangover from the financial crisis and surprising weakness in the global economy. citi stock, however, has fared worse than many of its peers. since january, the shares are down a hefty 19%. in may, the company did a one- for-10 reverse split, turning citi into a double-digit stock. banking analyst erik oja says that move has been a negative. >> reverse splits generally are not a great sign. it's maybe a sign of desperation where a $4 stock has to get converted into a $40 stock. >> reporter: citi has said its split was not a desperate act, but an effort to attract institutional shareholders such as pension funds. those investors often aren't allowed to buy stocks that trade for less than $5. but, here's the rub: it looks like reverse splits really don't work. n.y.u. professor april klein studied the performance of 1,600 reverse stock splits in a 40- year period. she and a colleague at emory university found three years after the splits occurred, the shares were down an average of 50%. klein says it's like trying to put lipstick on a pig. >> companies tend to do the reve

. >> i want us to be a successful, global international city that everyone says that's what we want the world to be like. >> she brings a vibrant energy to city hall. >>> a carjacking gone wrong. and a man reportedly stole a car at knife point just minutes before crashing into the hydrant. it burst just after 6:00, sending water hundreds of feet into the air. it damaged nearby homes and cars. firefighters took more than an hour before they were able to turn this thing off. the driver suffered a gash to the head and he was handcuffed at the hospital. >> oh, man. >> jeff ranieri is here. thanks for joining me. >> hey, no problem. i get to sit in the big chair tonight. >> take it away. what do we have? >> we have warming weather, we'll warn you about that. we'll turn up the heat tomorrow. it was warm today, but tomorrow some of you will be calling it hot, especially in the east bay. 86 in gilroy and 80 in san jose. it is clear right now as we look for any fog. it's hard to find, with temperatures 60 degrees and seeing the winds starting to shift out of the northwest and it's that northwest

is to imbue it with a global missionary city where we had a state controlled capitalism it's called sessions when nobody dares to ask what we do our t. question more and. more financial crisis for opportunity for others and with money in short supply in the u.s. companies in the united states that's simply been shifting their operations and dollars these are to respond in previous reader looks at how the american financial downturn has spent here. dollars for india's economy. it's the great recession of the twenty first century what started as a collapse in the housing market in the united states has led to unemployment hunger and debt crises around the world and while countries are struggling to protect their interests increasingly western businesses are shifting their work east to cut costs welcome to go down a moderate suburb of new delhi everywhere you look there are options of american companies at the spine of the important united states is placed on the country during the financial crisis according to recent outsourcing reports american companies have been production in that country a

city of where the russian innovators eventually. it was no exception. in the constant shift of the global economy the challenge on everyone's minds is to rethink and rebuild these spaces to compete in the high tech twenty first century. challenges with particularly in a city. just economy these pictures from the phoenix west a massive plant operated by the. along with other heavy industry installations. long before the mill was shuttered for good in one thousand nine hundred eight the economic. crisis. the future. there is. by the way a. new facility. passed. in april two thousand and five. companies trying to take technology from. state in european union now hosting around twenty companies with over one hundred employees including many. years of experience with a dozen friends and i do. you know the route in technology that needs to have access to global markets over the city there is a gap in between and don't want this to the perfect infrastructure in order to do the conversion of that technology into products where is the money to make a reality come from well basically it needs inves

. >> this is a global city. one that is considered one of great harmony. this city is the largest city there in norway. do people or are people there saying in way there have been any troubles, have there been any complaints about anything that might have preceded this? >> reporter: at this point, you know what? i was looking through some of the feeds that are coming in and even some of the discussions happening online in the social media as well. no one is saying that they're -- they're worried if this could have been a terrorist attack, but the question is why would it be? norway is a relatively -- it's like swits up lazerland. a neutral country. what links they had to afghanistan or iraq or any soldiers or troops they have there. that's all speculation right now. we don't know if it was an intentional explosion or if it was something that was a complete accident such as a gas explosion. police are not releasing any information right now. again, whatever it was was powerful enough. interesting to note, though, i heard on one of the other reports that this

city. citigroup global bought those, and then our bank of america/merrill lynch bought all of the re-fundings. so we premature cheap what was adopted as part of the last budget hearing. in that model, we had an average cost of borrowing. we achieved an average overall of about 4.48%, so we are pretty close. the items that also happens, the bond sale, moody's did downgrade us given our weakness. we had thought that would occur. moody's previously had as one notch higher than s&p, so now, with the movies in adjustment -- the moody's adjustment, what that means is we are still very much on a roll with the debt. a strong aa. we noticed in the electronic markets, as we're required to do with our material disclosure, and all of our bond documents, for our build america bond revenues. president vietor: commissioner moran. vice president moran: did they state a reason for the downgrade? >> this is on a current basis as well as a projected basis. what movies does is just take them all and line them up in a row, and based on our current level of water sailors and the cumulative fund balance reserves, t

city of dortmund where the russian innovators eventually found their incubator was no exception. the world is full of rusting old industrial space by the wayside and the constant shifts of the global economy the challenge on everyone's minds is to rethink and rebuild these spaces to compete in the high tech twenty first century. challenges were particularly acute in a city the once mighty complex and largest economy these pictures are from the final days of phoenix west a massive plant operated by the steel. that along with other heavy industry installations. flooded the city's well established working class long before the mill was shuttered for good in one thousand nine hundred eight the economic. crisis. they had to take a decision to do for the future. there is a decision you can see here so. by the way as. impressive new facility. passed the doors opened in april two thousand and five. for micro technology. laboratory clean room infrastructure for small companies trying to take technology from ideas to products. from the city state and european union now hosting around twenty companies with over one hundred employees. including many from russia so what you see here in that wh

city of jordan where the russian innovators eventually founder into was no exception. the world is full of rusting old industrial space fallen by the wayside in the constant shifts of the globaleconomy the challenge on everyone's minds is to rethink and rebuild these spaces to compete in the high tech twenty first century. these challenges were particularly acute endured more a city at the heart of the once mighty male logical complex and europe's largest economy these pictures are from the final days of felix west a massive plant operated by the steel giant crude that along with other heavy industry installations was the lifeblood of the city's well established working class long before the mill was shuttered for good in one thousand nine hundred eight the economic outlook was dark and it. suffered from the crisis a lot of working places have. had to take a decision to do for the future to do next what comes off the street. and decided to focus on high technology and it's not that was a decision in eighty's and the result of this decision you can see here so. which is one of the incubators on a rooftop of technology center by the way is also home of high tech startup compani

global news live from moscow city center this is r.t. i'm sure rupert murdoch has taken a swipe at his media rivals labeling accusations against news corp as total lies and that only minor mistakes have been made in the phone hacking probe the embattled media mogul now has an f.b.i. inquiry on his hands over claims that the voice mails of nine eleven victims were intercepted meanwhile in britain the scandals claimed its biggest scalp yet rebecca brooks has quit she run but also. u.k. newspapers and was editor of the news of the world when a murder victim a million dollars a phone was hacked next week she'll join rupert and james murdoch and facing a parliamentary grilling but as artie's a lawyer and reports while he fights to save his media titan of all channels are already circling. every media outlet and own t.v. radio even the scary. when not imitate life the long running simpsons takes a shot at its owner rupert murdoch aka montgomery burns in an episode broadcast apparently coincidentally this week. but it's not the only piece of ti

." >> announcer: from the global resources of abc news, with terry moran, cynthia mcfadden and bill weir in new york city, this is "nightline," july 13th, 2011. there is suspicion tonight in . the wake of the september 11th attacks, british journalists used bribery and wiretapping to access the voice mail of victims and their families. a new york congressman has asked the fbi to investigate news corporation, which owns fox news and the now shamed "news of the world." at the center of the scandal is the man who built news corp, rupert murdoch. and abc's jeffrey kofman has the latest. >> reporter: unlnls you live in a cave, rupert murdoch's media empire probably touches you every week. fox tv. fox news. "the wall street journal." 200 newspapers around the world. here in britain, he dominates the media landscape. but this has been a bruising week for rupert murdoch. >> there is a firestorm that's engulfing parts of the media, parts of the police, and, indeed, our political system's ability to respond. >> reporter: it's been one stunning revelation after another. murdoch's headline hungry reporters allegedly

center in the train station are being evacuated surrounding the city center and organization has claimed responsibility to help because of global jihad they claim it's it's a response to norway's involvement in afghanistan but they also warn but it's just the beginning of their campaign liz a sense everywhere around for example just just behind me of the train the entrance to the train station trains have all been cancelled oh there's armed guards at least with machine guns and soldiers all around walking all around the airport here and people obviously are frightened. just a little or spoke to hebron sureties editor in chief of the independent news magazine based in oslo his mother in law indeed was near the site of the explosion this is how he described what she told him she saw. all of the song there was this big blasts and people were screaming running around scared there was smoke it was just like. what we have seen for a. citizen around the world which has been attacked earlier we have looked at ourselves peaceful nation. even though we are in two wars afghanistan and libya so people are rather surprised shocked. those pe

. >> announcer: from the global resources of abc news, with terry moran, cynthia mcfadden and bill weir in new york city, this is "nightline," july 1st, 2011. >> good evening, i'm terry moran. the sexual assault case against dominique strauss-kahn, the global banking titan, is one of these rare cases where the high profile and symbolic power to influence the way we think about our justice system as a whwhe, who would protect, who would punish. today, the whole case turned upside down. the prosecution is near collapse, the defendant is released from house arrest. we take a look at the stunning developments tonight for our series "crime and punishment." he walked out of the courthouse smiling. his glamorous wife right by his side. dominique strauss-kahn seemed like a new man. >> this defendant is charged with criminal sexual act in the first degree, attempted rape in the first degree. >> reporter: just sisi weeks ag, he looked like a broken man, hulking after a night in jail as he faced serious charges. but today, in court, the shocking reversal. prosecututs themselves publicly declared that new facts hav

global. society has become. big controls our cities and therefore food begin to g. poisons our water the ed controls of messages we receive every day through all we think we're free of course but we don't have a control over so many of these factors what we're trying to do in this and also many of our neighbors is rely on heirloom seeds so we are just a bunch of heirloom seeds and we're going seed to see with our garden vegetables so we save the seeds from this year's tomatoes for next year's tomatoes will we will be awash despite that in monsanto seed in g.m.o. genetic materials that were not really very happy with certainly no doubt just as we'll also be profoundly affected by cool climate change just as will be profoundly affected by economic collapse but there are things that we don't have any control over we're trying to control things we do have control over working within this community and the other parts you know you wish for the best. but there's a lot we can do about some of those doctors all right well the increasingly is reports come in from people doin

just in the collapsing socialist bloc german city where the russian innovators eventually found was no exception. in the constant shifts of the global economy the challenge everyone. to rethink and . to compete in the twenty first century. challenges were particularly acute in a city. in. these pictures. phoenix west a massive plant operated by. along with other heavy industry installations. long before the mill was shuttered for good in one thousand nine hundred eight the economic outlook. for the future. there is. so. impressive new facility. passed. in april two thousand and five. companies trying to take technology. from the city state and european union now hosting around twenty companies with over one hundred employees including many. get in between and don't want this rush to teams find the perfect infrastructure in order to do the conversion of that technology into products where is the money to make a reality come from well basically it needs investors read it but you know to get them this infrastructure in a high tech start up team to make a predictable conversion you have a clear timeframe move to the three years in order

since the second world war the police evacuated both the city center and oslo central rail station reports say the terror group helpers of the global jihad had an initially claimed responsibility but later recanted that statement. mark almond a history lecturer from oxford university says norway's involvement in nato is military campaigns could be a factor behind the attack. the most likely explanation is that norway's involvement as a nato member in on actions line nato from libya to afghanistan will have been the basis for some backlash now whether that by flash comes from a libyan group or more generally from an islamic group that is whole star who turned over and. is obviously yet to be seen and i have to say we should remember that back in oklahoma city mention ninety five one was a huge bomb of the federal building it would be left to the world in islamic terrorists and it turned out to work a very question from a bunch of militia men hostile to the u.s. government so with the proviso that we should not rule out all the possibilities the most likely explanation is obviously there's always political involvement. and attack on

has seen since world war two police evacuated both the city center and oslo central railway station reports say the terror group helpers of the global jihad had claimed responsibility in response to always involvement in afghanistan but later recanted that statement meanwhile in a separate attack a gunman reportedly dressed as a policeman opened fire at a youth rally outside oslo he's been arrested and now being questioned by authorities and tara police have reportedly been sent to the camp where some seven hundred teenagers were gathered. mark almond a history lecturer from oxford university says norway's involvement in nato's military campaigns could be a factor behind the attack. the most likely explanation is that norway's involvement as a nato member in the various factions line in nato from libya to afghanistan will have been the basis for some lashing out whether that backlash comes from a libyan group all more generally from an islamic group that is hostile to the region nato involvement. is yet to be seen and i have to say we should remember that back in oklahoma city in one hundred ninety five when it was a huge bomb of th

part of a global detox campaign that took place in 29 cities simultaneously. green peace said a year long investigation into toxic water pollution in china found links to a number of major clothing brands. >> >> a birthday party in texas became a nightmare when a man opened fire. a family was hosting the private polo inside of a roller rink in grand prairie, near dallas, when the shooting -- after killing 5 people and injuring 4 others, the man turned the gun on himself. investigators have not released any names. >> >> a hospital that served presidents and thousands of the nation's military wounded is about to close. walter reid army medical center will hold a farewell ceremony next week and shut down for good in mid-september. the facety is for than a century old. in 2007, the hop was found to have substandard conditions. a new hospital in bethesda maryland will take the parents and will be named after physician walter reid. >> they went in for ice cream, but hoped for much more than that. brazen crime and how customers stepped in. >> >> take out the trash an

in the city center and organization has claimed responsibility for the help of global jihad they claim it's a it's a response to norway's involvement in afghanistan they also warn but it's just the beginning of their campaign now you're at the airport on your logo your colleagues been updating or so throughout the evening earlier on she was saying that there was a lot of news actually getting through to people arriving there at the at the main airport close to the capital city now the information is filtering in what is the sense of the people around you what is their murder are they nervous their lives the sense that everywhere around for example just just behind me of the train the entrance to the train station trains have all been canceled oh there's an armed guards on police with machine guns and soldiers all around walking all around the airport here and people obviously are right. all right daniel bushell thank you bring you so latest about what you know as to say you're at the airport there you're not in the center but a lot of information a start to get back to you as well and

cities are forced to give money to a global company. chevron, based in san ramon is the target of a sweeping lawsuit involving 13 east bay cities. chevron made more than $19 billion last year alone so many would argue do they need this money? nbc bay area'sth kimberly tere joins us live. a lot of people outraged but chevron might be in the clear s. that correct? >> reporter: that's right. it has to do with a lawsuit, raj, and the city is contending that only the governments that got the money should have to pay it back. of course we all know it's not that simple. >> well, it's like you open up your mail one day and you have an unexpected bill for quite a bit of money. i mean, it's a shock. >> reporter: a $30,000 shock. that's lafayette's share of the tax refund given to chevron. contra costa county is forced to return the money after it overassessed the company. >> as far as i know the city of lafayette did not share in the revenue that went mostly to richmond. so, asking us to pay that back on the face doesn't seem fair. >> reporter: 13

. >> announcer: from the global resources of abc news, with cynthia mcfadden and bill weir in new york city, and terry moran in orlando, florida,his is "nightline," july 5th, 2011. >> good evening, i'm terry moran, live here tonight in well, not guilty. that is what the jury decided today in casey anthony's murder trial. stunning verdict. and while the young florida woman was convicted on minor charges in the death of her 2-year-old daughter caylee, really, this was just a total victory for her. it means she's escaped a potential death sentence and might be free in days. the reverberations are only begins to be felt. this evening, a member of the prosecution team announced he would retire at the end of the week, after a 30-year career. and an attttney for the parents, george and cindy anthony, meanwhile, he tells abc news tonight thth the family has received death threats in the wake of this verdict. as if they haven't suffered enough. here's abc's ashleigh banfield. >> good afternoon, ladies and gentlemen of the jury. have you reached a verdict? >> reporter: it was a swift and shocking end

break and after that break we'll continue our discussion on russia and global volatility state with our team. well going into the. city big splash in the world of high tech business what turns advanced science into i judging products they don't understand. is this guy we follow russian innovators to ease your betters and broaden and their big breakthrough back home spotlight on startups on technology update here. we've got the future covered. wealthy british style. markets why not. find out what's really happening to the global economy is a report on our. welcome back to on the money i'm peter lavelle today we're talking about russia and volatility but first let's have an overview of russia in the global economy. the two thousand and eight now down so global investors desire to live in the government to billions into liquidity and economic support the reserves but russia had built up prior to that has been says largely rebuilt there is a reserve that has been built up and currently we have more than one hundred and twenty billion dollars. in the wealth funds. that those resources can be used to further attenuate any c

. >> announcer: from the global resources of abc news, with cynthia mcfadden and bill weir in new york city, a and terry mn in orlando, florida, this is "nightline," july 6th, 2011. >> good evening, i'm terry moran with a special edition of "nightline" here in orlando, florida, where a little more than 24 hours ago, casey anthony was found not guilty of murdering her young daughter caylee. and we want to start right away here with a new angle on this story, just hours ago. one of the jurors in this trial, jennifer ford, a 32-year-old nurse in training, the only juror to have spoken to the media so far, sat down with me for an extensive, scloou exclus interview to shed light on what happened inside that deliberation room. here's what she told me. why did you and the other jurors acquit casey anthony of murdering her daughter? >> there wasn't enough evidence, there wasn't anything strong enough to say -- i don't think anyone in america could tell us exactly how she died. if you put even just the 12 jurors in one room with a piece of paper, write down how caylee died, nobody knows. >> reporter

>> announcer: from the global resources of abc news, with terry moran, cynthia madden and bill weir in new york citys "nightline," july 12th, 2011. >> good evening, i'm terry moran. do you believe in miracles? well, the latest pew poll says that nearly 80% of americans do. and among the most fervent believers are those who say the virgin mary, the mother of jesus christ, appears and intervenes in lives regularly. even here in the united states. tomorrow night, my colleague bill weir has a special "primetime nightline" report examining those accounts. among the places he visits, alabama, wisconsin and a village in eastern europe where hundreds of thousands have gathered this summer hoping to visit something beyond belief. >> reporter: driving along the stunning coastline of the former yugoslavia, it's no surprise this has become one of the hottest tourist destinations anywhere. but turning inland, through out of the way farm land, it's stunning to think that nearly 40 million people have made this trek, all because they believe the virgin mary has been appearing here, regularly, for the past 30 years

hacking crisis the us and gulf the company as the scandal goes global across the atlantic it's claimed journalists tried to bribe new york city police officers to access the voice mails of nine eleven victims u.s. senators are now calling for their own investigation into news corp british prime minister david cameron has also demanded a probe into the nine eleven claims from our investigative reporter and head of journalism at grinnell university told my colleague earlier that the story is gone beyond the u.k. and well beyond just hacking into voice mail. the events that we've seen over the last couple of weeks be extraordinary what was the u.k. story is now that can tell you should know spread through news international in the u.k. right out now into united states and australia well it was quite a big threat to david cameron because it's the first time we've seen his judgment quite clearly brought seriously into question the decision to use andy cole son who had been the editor of the news of the world when some of these events will tell you your place as his press advisor was clearly a very very bad judgment and it's strong

police evacuated people from the city center also oslo's central railway station just to recap again unconfirmed reports say the terror group the helpers of the global jihad has claimed responsibility in the last in response to norway's involvement in afghanistan. all right let's get more thoughts about it often vents unfolding in front of our eyes in oslo for peace the foreign news editor for the danish magazine political and most of all stop thanks for being on the program more than europe's for some time wasn't being criticized for lax immigration policy some even said it was getting safe haven to terrorists would you agree that this might have a bearing on the attacks we've seen in norway today. well i don't think so. very strict immigration policy. and. many more than. you i don't think. immigration policy. nevertheless all it takes i guess is a couple of extremists if this is to be true and as i say the global jihad terror group has claimed responsibility for this we don't actually know whether they are they may just be trying to get some publicity off the back of it i mean looking back in december last year twenty six people were arrested acr