supports the imf. melissa: yes. right. that menu looked delicious.s a half million dollar party. >> that's great. i would love that. melissa: i wonder why we were invited. i think it's because we are always making fun. >> journalism and ordered the imf. melissa: you will work on now for next year. moving into the end of the world which some restaurants are prepping for by offering domesday deals. they have to get rid of the food, so you might as well blowout. take a look at this deal by carl's jr. it is "money with melissa francis" by 12 by 12 burger. still pattis, 12 slices of cheese, and well strips of bacon. hosting the last friday party. and a hotel and long beach is having an end of the world party. are you going to split that with me? >> i like that cheese catastrophe. >> forget about it. melissa: how possibly -- could use machine down? you would have to nibble around the edge. >> that was like a two-story hamburger. alka-seltzer. really. melissa: what do you think? how would you work on that? >> i would take it apart 1p said the time, but lean

there is nothing the imf does that the treasury does not allowed to do. treasury is a far more powerful agency in the management of global capital than the imf. and so i think you also need to get our eyes clear on where real power lies than perhaps has been true in the protest movement against globalization in the last 10-15 years. >> i think this is an appropriate place to wrap it up. i think you will be available to sign books and further conversation. so thank you for a stimulating night. >> thank you so much. [applause] >> is there a nonfiction author a book he would like to see feature on book tv? send us an e-mail and book tv and c-span.org or tweet us. >> the author of how to be black . howdy be black? >> it helps so much to be born black. i think that's the most reliable way of actually being black. the book does not convert you. it's not an advanced genetic modification program. it is more of a mental intellectual exercise in identity, storytelling, and clarity. >> one example of being black. >> well, the story of the book is mostly a memoir. i

right now there is a political standoff, which the head of the imf, christine largarde, has a duty to stop. >> the fiscal cliff -- when you talk to people around the world, how concerned are they about the ramifications of americans going over this cliff? >> people around the world are concerned about it. it used to be the case that they were more concerned about the eurozone than the fiscal cliff. now things have changed. they often ask about it and its resolution. >> what do you think the impact could be globally? we're looking at a time when the global recovery is fragile at best. >> the u.s. is about 20% of the global economy. if the u.s. suffers as a result of the fiscal cliff, a complete wiping out of its growth, it is going to have repercussions around the world. if the u.s. economy has two% less growth, it will probably be a 1% less growth in mexico, canada, in europe, and japan. there will be ripple effects. >> are you worried about this? >> yes. of course i worry about it. the u.s. is a big chunk of the global economy. it has often been a driver of growth. to have that large

the ultimate sanction would be to kick argentina out of the imf. whether or not that happens, it's unclear and it remains some way off, at least. >> and i wonder, hans, about the significance. at the same time that we're hearing about the country fiddling with its inflation statistics, of course, we've known that there's this ongone dispute with argentina and some holdout bondholders from its swap back in 2005 and 2010. we were expecting around this time to hear potentially about whether argentina would have to pay those lailt latest round or not. so just to put this in context for us, how significant is it here that we hear from the judge and what do you expect bondholders to get at this point from the country? >> yeah. the latest developments in the litigation against argentina has been the deadline has been pushed back by two months to the second circuit. so right now, it's out of his hands in the southern district. and that, at the same time, was coupled with the u.n. group deciding to tell ghana that they should give the boat that was sieged b

>> there will be a big problem with the imf. head of the imf, christine lagarde, has been insisting on a sustainable that level for greece -- sustainable debt level for greece. your of the program is not an option. everybody here is -- failure of the program is not an option. everybody here is saying the program will succeed. >> thanks for that update. athens is going for a bond swap to cut some 20 billion euros off of its debt load. we talk about how that went down on the frankfurt stock exchange. >> the buyback offer, which the greek government made to private investors, it is much better than the market price of these government bonds was during the last few weeks. that is why many in the markets believe that maybe investors will accept to take part of this deal. the overall movement on the stock trading floor monday was a bit mixed, not so good economic data from the united states came in. on the other hand, chinese economic data looked quite good. it indicates that the economy in china is expanding again. that means that ge

the imf expects ireland's deficit to come under targets. in spite of calls to boost social spending in response to high unemployment. ireland's budget for next year and to reduce its deficit by about 7.5% of gdp. for more now, we go to our correspondent in frankfurt. good news for ireland -- how are investors reacting? we also have good news from across the atlantic. explain to us. this has to do of course with the fiscal cliff. >> you are completely right. there is good news driving the german dax to the highest level in five years since the end of 2007, meaning the financial markets left crisis mode, although traders still see risk of setbacks next year, but with the announcement of the ecb to buy sovereign bonds, there is an important question to avoid the worst year. coming to the fiscal cliff as time is running out, there is really some hope that the parties are coming closer to reach a deal. president obama made important tax concessions and agreed to cut social spending by more than $1 billion. the german dax is up 0.4%. the euro is

the room negotiations for the start agreements in geneva for imf.om the outcome of the summit discussions. we were not able easily to get to the promised washington summit. we kept running into bilateral issues. the case in which one of the correspondence was picked up. in moscow we have problems with so-called marine corps security breaches. moscow we had problems of people concerned about the new u.s. embassy was one great tuning fork for some intelligence listing. each became an obstacle to getting to the summit meeting were supposed to have been getting on with the arms-control agenda in a way negotiators could do something with. on the road to reykjavÍk there is a very real an interesting exchange of correspondence between gorbachev and reagan in which they began to trade ideas on how they might proceed on the start side to reduce weapons and on the ins that. right in the middle is very real soviet distaste and through strategic defense initiative. i think not enough importance can be given to the role in both fostering and hindering the dialog

the new taxes that were then lifted and the now delaying of an imf loan in the perhaps coolness the imf now has to egypt, raising the prospect that in fact the egyptian economic situation is going to follow the fiscal cliff, which make saris look like a very flat and easy stroll in the park. so that's one issue. connect to the political turmoil with the economic turmoil spirit secondly i like to make sure panelists address more specifically what is really the problem. is that the process by which the constitution and referendum were made? or the actual content of the constitution. what are people so upset about and what should they legitimately be said about? when the referendum is completed and i know steve went out on a limb saying it will be approved. what will be the aftershock about the process or the content or both? i want to get also on the table the question of timing. why did morsi push now if you tell even his first constitutional declaration. by february, discounts dictation would've been approved. they wouldn't be this rush for referendum on and you wouldn't have the crowds

new taxes that were then lifted and the delay of an imf loan, and perhaps the coolness that the imf nowhas egypt, raising the prospects that in fact, egyptian economic situation will fall off the fiscal cliffwhich makes us look like a flat and easy stroll in the park. so that is one issue. connecting the political turmoil, economic two-mile as well. secondly, i would like to address more specifically what is really the problem? isn't the process by which these constitutions were made? or the actual content of the constitution? what are people so upset about? what should they've legitimately be upset about? when the referendum is completed, and i know that steve went out on a limb saying that it would be approved, what will be the aftershock about the process or the content or both? i would like to also put on the table about why did morsi push now. if he had held to even his first constitutional declaration. by february, this constitution would've been approved. there wouldn't be this rush for a referendum. he wouldn't have the crowds in the street. why push now for a speedy approval? b

. >>> the imf says france should give itself more leeway to meet mission targets. the company's 3% of gdp with more pressing -- than cussing excess from public finances. the imf has warned against more tax hikes warning these could further restrict growth. he says it's built a bit of momentum, but still needs to do more. >> france has to reform. france cannot -- that can avoid reforms. it can be again reforms which might be different. but we need to reform. let me say that from that perspective, the recent decisions going the right direction and i think that the government has understood the need to help companies create jobs. so what is important is that this momentum is there going forward. i mean, the momentum, positive momentum regarding the negotiation between the trade unions and the corporate buddies to give more flexibility to the labor markets, to give the ability for corporates to adapt more quickly. it's very important that the government complies with reducing the budget deficit and reducing public spending. we have too high level of public spending. an

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i had the privilege of meeting with christine lagarde from the imf. i asked about the reforms that were taking place in europe. i asked, would any of these reforms be taking place without europe being in a fiscal crisis mode? her answer was, absolutely not. unless the revolver is at the temple of the politicians with the finger on the trigger, they're not capable of summoning the collective will to tell the people that represent that they need to take steps to resolve a problem and will cause so. my experience in the years i have had in politics was exactly that. we never would have gotten what we did in 2011 without the threat of defaulting on our debt. to think that we could put a structure in place today that perhaps we would all be comfortable with in terms of solving our long-term problems and be assured that 10 years or not that congress would not have modified that dozens of times to the response of into joints who -- to the cuts -- to the response to constituents who are banging on the door and saying this is to develop much policy for months

egypt is still waiting for an imf aid package. >> we hope the talks with the international monetary fund will continue in january. the government will ask for a resumption in loan negotiations. >> until then, the central bank may sell more reserves to stave off a currency crash. >> 2012 is coming to a close in just a few hours in berlin. in other parts of the world, they are already bringing in 2013. >> fireworks lit up the sky in aukland. there were plenty of pyrotechnics. >> sydney putting on a spectacular welcome to 2013. kylie minogue sang the tunes to the display. 7 tons of gunpowder bait. the bridge in light for more than 1 million revelers. along with fireworks, they had a traditional bell ringing ceremony. even north korea accepts they cannot stop the passage of time. they clearly have money to burn in 2013. celebrations may be winding down in asia, berlin is still warming up in anticipation of the midnight hour. the biggest parties will be in front of the brandenburg gate with a 1 million people expected and a lavish pyrotechnic display lighting up the german capital. >> the pri

officials at the imf say more crops are needed to lower the deficit.his economist blames the government for the crisis. >> is the responsibility of the entire system. the state is irresponsible for the economic instability for increasing the exchange rate and the rise in inflation. merchants raid -- merchants make huge profits. people pay more to buy what they need. >> many fear an economic collapse, which can lead to more we cement and a revolt. >> pakistan's interior minister is in india holding talks with officials there. the two countries are trying to take steps to these visa restrictions for travelers. >> interaction between state to state must come down. the visa policy reflects how seriously both governments feel about this policy, which is going to be beneficial to the people of india and pakistan. but this new agreement will allow more freedom and movement between the two -- this new agreement will allow more freedom and movement between the two countries. >> if we get ourselves killed from terrorist, we will into nowhere. we want to fight te

discussions have been put on hold because of what the imf has described as the political uncertainty surrounding the event in egypt. the referendum on a draft constitution. polls have been extended for a couple of hours. this is the second and final round of the voting. the result is not likely to satisfy anybody. >> once again the polls were kept open for four more hours into the night. have long turnout showed tha lines. they continue their boycott of the referendum. it defined the nature of the new. earlier in the day he told me it was quite important for her. >> we are in a full state of deterioration that needs no elaboration. prices are likely to increase. everyone has become so dogmatic. many people do not want to have an open mind. >> this was not the constitutional movement egyptians have been looking forward to. they are backed by islamic groups. this is defining the nation. would turn out as low as 30%, it became clear the public has grown increasingly disillusioned by both sides. all a long it was clear that this draft constitution was not going to be a consensus document

now, a play that re-enacted the famous meeting between the head of the imf and dominique -- and a chambermaids in paris. our correspondent has been to see it. >> all resemblance to living characters is entirely intentional. to a to 06 is not a crew replay of that inappropriate sexual encounter in that manhattan hotel. more a look into the psychological motives of a man who may be dominicks strauss con. >> we have very little idea of what he is really like. everyone has his own fantasy of this man who is insidious, but no one has seen him in action. we have an image of him, but no one has seen him in private, so everyone has fantasy. >> it is a debate about male and female, rich against poor, western domination, and submission. all inspired by what the director said was one of the most emblematic news stories of our times. >> when we think of him walking out of that prison in new york, everyone remembers where they were when it happened. it affected us all, everyone, almost as much as september the 11th. >> in the play we never do find out what happened. it all finishes rather oddly. >> then a

. >> the imf is concern that cypress will not be able to keep up with interest payments. it has been widely reported that nation is seeking 17 billion euros and could default if it does not receive help in the coming days. >> in germany, a surprise announcement at deutsche telekom as the chief executive says he will step down at the end of next year. >> he has struggled with structural problems at telecom since taking over in 2006. the firm has faced challenges to its foreign business entities as well. the shrinking demand in germany for its land line services. the chief financial officer will take over at the beginning of 2014. well, european markets closed little changed on thursday, but slightly to the upside at new 19-month highs. our correspondent said as the summary from the frankfurt stock exchange. >> the end of the era was a surprise to traders in frankfurt but did not worry them because his successors were known at the financial markets. it looks like a well-organized change. shares were up, but for dutch bank, the problems are getting worse. the towers have bee

. >> there was this list where it emerged that former finance minister christine lagarde, now the imf chief, pastelist to her greek counterpart of people who were evading taxes, but -- passed a list to her greek counterpart of people who were evading taxes, but it was never pursued. >> politicians and officials are taking bribes, even as austerity programs continue. >> earlier, i spoke to the research head at transparency international. i asked which country had made the most progress in the last year at overcoming corruption. >> it is difficult to single out individual countries. what we want to focus on is the countries that stay at the top of our index. we have the scandinavian countries, countries like new zealand, where the commitment access to information, to the justice system working, to open budgeting, are long standing. the government show a long-term commitment. we have seen countries like nepal and sunoco and ivory coast move up from a very low level to higher levels -- and set a goal p-- and senegal and ivory coast move up from a very low level to higher levels. >> is the

lawsuit stems from an encounter in may of last year that forced strauss-kahn's resignation from the imf and cut off his capitolcy for the french presidency. the terms of the settlement are confidential. >>> some of san francisco's homeless and jobless may soon be carrying cell phones around town. approval by the city would provide phones nearly free of charge. we have more live with that story. the big question is, kate, why? >> reporter: well, frank, there are a number of answers for that that we will get to in a moment. this is a program that exists in about 36 states and pending approval from the california public utilities commission we could be state number 37. the reason behind it, because city leaders and homeless advocates say this could be a game changer for san francisco's homeless. >> in this world you can't do anything without a cell phone. >> reporter: john gallagher hasn't been able to right down a perpetrate address for the past ten years, much less a point of contact. >> they think there is something wrong with you the instant you say i don't have a cell phone or another

. >> for the eu, the imf, and the european central bank, which have lone cypress billions of years, it is clear the waste and corruption in the country must end -- which have loaned cypress billions of euros. the troika is also calling for more regulation of credit policies. they say the banks lord separate into taking out dodgy loans. >> one of the factors that contributed to this excess of liquidity in the separate banking sector is the attraction of foreign deposits. at this point in time, the total amount of foreign deposits is more than 21 billion euros, more than gdp. >> most of the money came from russian investors. tens of thousands of them have made cypress their second home. in germany's federal intelligence service, a to says most of their accounts contain laundered money. the cypriot government denies that. now the country is hoping newly discovered gas reserves off the coast will help pay back credit from the eu in a relatively short time. the first contract with energy companies have been signed. while billions are being spent to bail out the banks, many indebted families

tune in tomorrow when i sit down with the head of the imf, christine lagarde. thanks for watching. good night. >> makes sense of international news at bbc.com/news. >> funding of this presentation was made possible by the freeman foundation of new york, stowe, vermont, and honolulu, newman's own foundation, and union bank. >> at union bank, our relationship managers work hard to understand the industry you operate in, working to nurture new ventures and help provide capital for key strategic decisions. we offer expertise and tailored solutions in a wide range of industries. what can we do for you? >> "bbc world news" was presented by kcet, los angeles. presented by kcet, los angeles.

. >> imf chief christine lagarde. now to egypt where protesters gathered today rejecting president's morsi's call for dialogue is the vice president hinted a referendum on the draft constitution could be postponed if it was done in a legally acceptable way. georges in cairo and has been on the streets talking to protesters. >> a moment of private grief on a day of public emotion. this was the funeral service for three man creep -- that draws its inspiration from islamic principles. despite the call for calm, religious fervor and political determination make for a heavy mixture. he was at the square when the uprising was in full flow. she feels her compatriots have forgotten their liberal ideals. do you think they are wrong to oppose the president? >> i think everybody has the right to oppose the not to kill innocent people. why did we kill them? opposing challenge, did do not call him names and do not kill innocent people. >> it may have been innocent and now they have achieved her road status. >> what we are hearing

tune in tomorrow when i sit down with the head of the imf, christine lagarde. thanks for watching. good night. >> makse sessetintnaeronal news at bbc.com/news. >> funding of this presentation was made possible by the freeman foundation of new york, stowe, vermont, and honolulu, newman's own foundation, and union bank. >> at union bank, our relationship managers work hard to understand the industry you operate in, working to nurture new ventures and help provide capital for key strategic decisions. we offer expertise and tailored solutions in a wide range of industries. what can we do for you? >> "bbworld news" was presented by kcet, los angeles. presented by kcet, los angeles.

the former imf chief was accused of rape, but he has avoided an embarrassing jury trial by reaching ainancial settlement. >> absolutely nothing at all. the judge said the terms of the settlement or confidential. we do not know how much money was paid out to nafissatou diallo in order to avoid a trial. the criminal case collapsed last year because the prosecution decided that nafissatou diallo was not a credible witness. she insisted that she was the victim of attempted rape and the victim of violent sexual assault. she brought a civil case for damages against dominique strauss-kahn. that is an end to that side of it. >> a lot of people thinking, i would be very happy if i never heard anything about dsk again. >> he is trying to get charges in france drawn-out bear. there are charges that he was linked to a prostitution ring. he will try to get a judge dismissed those charges. it is an extraordinary case and we do not know what happened that morning in that hotel room in manhattan where she says she was assaulted by dominique strauss-kahn. he says it was a consensual encounter. we do n

represent our country's interests, and it is far too passive with regards to the troika -- brussels, the imf, and the central bank. >> at the military base in lisbon, little remains of the once proud seafaring nation. a few frigates, a couple of submarines. the military has also been hit by the cuts. members are equipped with year that has long been outdated. these naval infantry are still carrying guns from the 1970's. professional soldiers have already taken a pay cut of up to 30%. an officer gets 500 euros a month less before tax. there have been few promotions. discontent among the ranks is growing. some of their leaders are putting a brave face on it. >> of course we have had cuts. but the naval infantry's task is to face difficult missions, so we will manage this situation as well. >> portugal's military has long been an important part of the country's history. on april 25, 1974, this song was played on the radio. it was the signal for the army to occupy lisbon, and the largely peaceful uprising marked the end of nearly 15 years of dictatorship. in all their joy, portuguese people pres

former imf chief dominique strauss-kahn and a maid have agreed to settle a suit.he dollar amount will remain confidential. >>> retailers hired 465,000 seasonal workers land month. up 25% from last year. >>> they say apple's map is life-threatening, this after several drivers headed for a town in australia where it ended at a dirt road miles away from food and water. >>> finally, serbian tennis champ novak djokovic ruined the world's christmas after he bought up the entire year's supply for his new restaurant. it, by the way, is made from a milk of serbian donkeys. i'm sure a lot of disappointed folks out there. >>> well, coming up, dramatic video of a foiled robbery attempt. and a massive funnel cloud in florida. >>> plus, dogs usually have to chase car, right? not these guys. they'll have a different approach. you're watching "first look" on msnbc. e, and people seemed to like it. so we wondered -- where else could we take this? ♪ for over 40 years, we've brought our passion for fine coffee and espresso to people everywhere. but one place was impossible, until no

tune in tomorrow when i sit down with the head of the imf, christine lagarde. thanks for watching. good night. >> makes sense of international news at bbc.com/news. >> funding of this presentation was made possible by the freeman foundation of new york, stowe, vermont, and honolulu, newman's own foundation, and union bank. >> at union bank, our relationship managers work hard to understand the industry you operate in, working to nurture new ventures and help provide capital for key strategic decisions. we offer expertise and tailored solutions in a wide range of industries. what can we do for you? >> "bbc world news" was presented by kcet, los angeles. guess what, neighbour? today we're going to visit... mr. mcfeely's post office! and then we're going to... baker aker's bakery! i'm so excited to spend the day with you. and i'll be right back. is made possible in part by... the richard king mellon foundation. dedicated for over sixty years to south western pennsylvania's quality of life, and competitive future. and by these pittsburg foundations. working together to enhance and enri

central economy to more market oriented economy and the international financial institutions like the imf and the world bank played a role in doing so, because they would literally place condition now is on loans. the conditionality and called moving markets into the economy. >> what role does the assad regime play in the economy? >> well, the assad regime from the very beginning from 1970, when the father, senior, gave power, he was intent on bringing in actually the business community into the fold, even in an informal manner, to actually -- [inaudible] after some years of serious marginalization of the business community developed by the same regime. so what syria or the regime ended up doing is the subject of my book, which basically it ended up collectively networking with big business and such a manner that allowed the state business relationship to mature and develop in the 1970s and 1980s, and eventually hijack the economy in the 1990s. this is what we call the business networks or colonial networks. >> who did the hijacking? >> the state business relations, basically amounted to

right now we have international inconstitutions like the un, imf, world bank, but thaw were design to be weak to play second role to nations. i don't think that's sustainable because the interests of you or i are affected by the decisions. >> host: david rothkopf. here's the numbers to call in. >> host: mr. rothkopf, former manager director of kissinger associates and current ceo of foreign policy. what is foreign policy? >> guest: the fp group is a group that publishes foreign policy magazine. the foreign policy web site, which is now much bigger than the magazine. almost three and a half million visitors a month to the web site and runs programs on international issues. >> host: mr. rothkopf, in "power inc." you have a chapter about a swedish goat. >> guest: i wanted to go back to the sore instory of the company, and of course, companies one form of oar existed since the beginning of time. the oldest corporation that is still in existence is a swedish company that started perhaps a thousand years ago when a goat wandered away from its owner and came back with red horns because it ha

breaking news, before the head of the imf dominates ross khan has reached a settlement.g attacked her in may of last year. details we're told will remain confidential and by the way, not in the courtroom are we are. >> collecting something. >> imagine the details are revealed. ashley: let's get back to the details, our next guest says it would go over the fiscal cliff at the end of the year, we are in for a big stock market. i like that. chief investment officer joins us now. thanks, hitting the market actually believes we will come to a deal. >> absolutely. you get this sense it doesn't really wants to sell off even with all this uncertainty with both sides going back and forth, are we talking, are we not talking. the market seems to be creeping higher, seems to be seen through what is traditional political rhetoric and grandstanding and recognizing a deal will be done. ashley: it is one thing to get a deal, one other thing to get a bad one. even though we did not follow the cliff, we are stuck with a lot of bad decisions. >> even in a bad deal, tracy, one thing we can

the imf estimateds that the u.k. next year will grow more strongly than france or germany, and our credible fiscal policy allows for supported monetary policy. and with the bank of england, we are directly addressing the problems of tight credit through the 70 billion pound funding for lending scheme. in the opr's view today, this has lowered interest rates in the real economy and will add to the level of real gdp. one area where the british economy has done much better than forecast is in creating jobs. since early 2010 the private sector has created 1.3 -- 1.2 million new jobs, 600,000 more than was predicted, and youth unemployment has been falling. instead of peaking at 8.7%, the ob russian expects the peak at 8.3%. this at a time when the unemployment rate in spain is 26%, in france it is almost 11%, and across the whole eurozone it is almost 12%. employment, already at a record high, is set to go on rising each year of the forecast, and for every one job less in the public sector, two new jobs are expected to b

. >> the imf has a real interest in how the u.s.g because it will directly impact how the global economy does. financial markets are also waiting on new forecasts from the federal reserve, but any positives could be dampened by uncertainty about what's going to happen with the fiscal cliff. >>> in egypt, opponents of morsi are calling for a major march on the presidential -- in

. >> the imf has a real interest in how the u.s. economy is doing because it will d

them, not because morsi was more handsome, but today they are equity examining $4 billion from the imfnal monetary fund and $1.4 billion from the congress. if you add this money, it will change the economy in egypt. what you need to do is give them a set of conditions that actually morsi has to apply for the way he governs. >> well, part of that money, and we have to go after this, what about women's rights after this? his $4 billion, and the new constitution? >> what concerns me about the most about islamists like morsi will make claims that are baseless. what concerns me about morsi is they wrap themselves around in religion and i'm a muslim and they do not own islam. and what concerns me about this particular constitution is that it was written hurriedly but old ultra conservative men. and women who work with the brotherhood have internalized their own subjugation. >> i appreciate your time. coming up, will armed guards and police officers in schools nationwide become a reality? hey sis, it's so great to see you. you, too! oh, cloudy glasses. you didn't have to come over! actually,

and then the imf put them on strict austerity. they had a huge debt.ot to cover medications and such. and the austerity budget really cut back to the point where kids an't getting vaccinated now. there is no vaccinations. the pharmaceutical companies won't issue them medications anymore because of the credit and debt that they owe. and if you think it's just greece, i mean the european community, the continent is small. when you're talking about communicable diseas it c be a issue for everyone. >> talk about shots and vaccinations, heard effect, most people getting it keeps the disease at bay. now you see resurgence of things in greece we haven't seen for a while. they talk about basic sanitation. people not wearing rubber gloves or reusing them. it sound very seous and yucky. >> no. it's true. i mean they don't, they can't get the new supplies. so that's an issue. i mean there are, you know, some people are trying to donate medicines that they don't use back. you hear about a woman looking for insulin for her 3-year-old child. melissa: wow. >> it is a

former imf president dominique strauss-kahn was accused of sexually assaulting a maid in a new york cityel room back in 2011. remember this? after problems cropped up with her story, according to the prosecutors, the da's office dropped all charges in the case. but she pressed ahead with the civil suit. well, there is a hearing in about 45 minutes that may announce both sides have arrived at a settlement. we'll bring you that news as it happens. ♪ speak speak tongue -- [speaking in native tongue] [laughter] megyn: remember that ad? that's from the 2010 midterms from the group citizens against government waste, and it made a bunch of headlines at the time. recently, china has been on a spending spree buying up american assets. at the top of the hour, we told you about a123 that the feds gave over $100 million to you and now china's buying the company, and we're now told aig -- another company that got a cash infusion -- is selling its jet-leasing business to a group of chinese financial firms. earlier this year the biggest take over of an american company to date, amc entertainment, going

loan, or at least a promise of an imf loan, to help egypt's staggered economy was also useful. it may be that the contents of this new constitution are pretty good, based on what i've been able to tell. but the way it was announce d after 30 of the 100 people left this council and their seats were back filled, and this decree giving morsi powers through the enactment of the referendum, has created enormous mistrust, and i don't think it's going away. his call for dialogue on saturday, as i understand it, does not open the possibility that he could change this constitution and include some amendments. i think that might have reduced the tension. >> the violence is intense. >> he called for dialogue again today, but it clearly is getting more and more inflamed. what is your sense, jane, on president morsi? his protesters are speaking to folks on the ground. some are saying this is not what we wanted. this is another dictatorship. what's your sense of it? >> it's a fair election, and the opposition, these liberal seculars, as they call themselves, had numerous parties that ran. it

my interview with imf chief christine lagarde is next. reti. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you one-to-one. together for your future. ♪ at the chevy year-end event because chevy's giving more. more efficiency with sonic and cruze... more function in equinox and traverse... more dependability with the legendary silverado... and more style in the all-new malibu. chevy's giving more at the year-end event because 'tis the season. chevy's giving more. this holiday season, get a 2013 cruze ls for around $169 per month or get $500 holiday bonus cash. bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment ha

imf chief christine le guard said it must do more than avoid the fiscal cliff to get america's economyrowing again. >> there is still that degree of uncertainty that fuels doubt, that prevents investors and entrepreneurs and households from making investments because they don't know what it will be. >> house speaker john boehner complains there has been no progress in avoiding the most immediate crisis. >> when it comes to the fiscal cliff that is threatening our economy and threatening jobs, the white house has wasted another week. >> reporter: democrats show no signs of backing off from supporting the president' hard line stance on raising the income tax rate on the rich. >> we democrats realize there has to be two sides to this bargain, but we're not going to go back to what bewy did in 2011. we put both revenues and cuts on the table. >> reporter: but despite the impasse in washington, the director sees promising signs that the economy may be improving. for the fiscal crisis she recommended a balanced solution, spending cuts combined with an increase in tax revenue. el geth corrida

people in the northbay are keeping an i imf creeks and streams for potential flooding that includes san anselmo which has experienced serious flooding before. merchants are preparing with fan but -- with sandbags and other precautions. >> meanwhile, more than a thousand customers without power in the bay area. the biggest outage in east africa and about 875 households and businesses. pg&e is trying to determine the cause of the outage. in the northbay about 200 folks are in the dark. that's because of two outages, including one caused by tree branches falling on the power lines. the weather is also causing more headaches out at sfo this morning. arriving flights have been delayed an average of an hour and a half. that's still better than yesterday. more than a handful of flights were canceled and the laser even longer. no problems reported at oakland or san jose international. >>> and if you topple plans this christmas, be a vice. getting to the mountains is no easy task. >> if you are looking for a white christmas, interstate 80 completely covered in snow and ice. it's a treacherous pa

morsi's government had to postpone request for imf for much-needed $4.8 million loan. "we need to hang to the dispute" said the prime minister, "in order to bring stabilization to this countr country." egypt military is calling for a national unity meeting to calm things down. morsi's muslim brotherhood said it will attend. opposition hasn't decided whether it is going to show up. bret? >> bret: greg palkot live in cairo. thank you. the state department has confirmed that an american citizen is being held in north korea. spokeswoman victoria nullen said the u.s. government is working through sweden that funnels request to authorities in north korea. still ahead -- exactly where are the $1 trillion in spending cuts the democrats are talking about? first, will hillary clinton be on the top of the democratic ticket in 2016? this holiday, share everything. share "not even close." share "you owe me..." share "just right." the share everything plan. shareable data across 10 devices with uimited talk and text. by htc for $49.99. so we created the extraordinarily comfortable s