is there anything the imf can do to provide support? >> the imf is here to support all its members.d economies, emerging markets, and over the course of time as we celebrate our 70th anniversary we have around the world depending on the economic cycles. we will continue to do that. we will continue to adjust to respond to the needs of the membership. also notedunique disappointment with the united states not passing imf reforms. crucial is this issue? >> it is disappointing. from not going to stop us doing the work that we have to do but it means two things. one, it does not equip the imf with a necessary long-term resources that are needed to come and help countries. imfnd, it does not help the being appropriately represented. it is about credibility. >> is there anything the imf can do to engage with the u.s. to resolve these issues? >> what matters is that all u.s. authorities be on the same page is aonvinced that the imf necessary institution for the good of economic stability in the world area >> -- world. >> yesterday you came to the meeting alongside janet yellen. how has she

know that the imf is ready to help. we know that ukraine has asked for $15 billion from the imf. we know that ukraine owes $13 billion over the next 12 months. the vast majority of this is due in june. in the short-term term before the presidential election that is set to take place at the end of may, it would appear they have enough money, particularly if they get international assistance. it all depends on what happens next week in those negotiations between the ukrainian government and the imf. >> we will leave it there. thank you very much, indeed. ryan chilcote from the central bank in the ukraine. will get a take on what those negotiations are likely to look like. it has been a stormy relationship. another story investors are watching closely, euro zone inflation and unemployment figures break within the next hour. jonathan ferro is here with more on the story. the inflation number is something everyone will be paying attention to. >> the top line from mario the eurozone is not japan. that may turn out to be a complement to japan the way things are going. we are well into a

is there anything the imf can do? >> the imf is here to support all its members.ced economies, emerging market economies, and over the course of time, we have gone around the world depending on the economic cycles. we will continue to do that. we will continue to adjust to improve our instruments in order to respond to the needs of the membership. >> the communique also noted disappointment with the united states not passing imf reforms. how crucial is it this year? >> it is disappointing. stop us fromng to doing the work we have to do but it means two things. not equip the imf with the necessary long-term resources that are needed to come and help countries. second, it does not help the imf being appropriately represented in how the economy has of overtime. that there anything imf can do to engage with the u.s. on these issues? >> what matters is all u.s. authorities be on the same page and be convinced that the imf is a necessary all-time lateral institution for the good of economic stability in the world. >> we noticed yesterday that you turned up to the meetin

they talk about the imf here, too. they expect record credit instruments from the imf to increase saying to them that they will provide funding in the next couple of days if they can agree with it. and a key priority, of course, is to fulfill the conditions from the imf. we'll bring you up to date with all the details of what's going on in the ukraine and the region in a few moments' time. >> here we are an hour and two minutes into the trade in europe. and fairley steady at the moment. advancers outpacing decliners by around about 5/4. yesterday, the ftse ended up 11 points while at lunchtime, the s&p up 9 points and the nikkei up 0.4% this morning. the ftse fairley flat at the moment. xetra dax is up 0.3%. we've got unemployment and inflation data coming out a little later for the eurozone. the inflation data will be key. a good step down to the inflation number, 0.05% which will really load up the pressure on the ecb at its march meeting to deal with the threat of deflation. the cac 40, ftse mib fairley flat, as wel

the imf has faced these kinds of situations before many times.s i said in this case, the recipe for improvement is quite straightforward here the for a better economic performance for ukraine in the future are very concrete and palpable. there is every reason to move forward with real support it the ukrainian authorities are willing to actually implement the policies that are needed. >> you talk about reserves. i guess that will fall under the purview of the central bank year and they named a new guy today. what would he need to do to stabilize the economy? what type of capital controls should be implemented? they arenot clear that necessary. there will need to be a very explicit and concrete program to deal with the external debt to read as i said, these are the kind of situations -- debt. as i said, these are the kind of situations of the imf has a lot of experience dealing with. the imf and its members and allies will be reeling to supply necessary funding for a solution, including near-term adjustments if the policies are in place. >> let's g

>> it depends on the imf totals. on board, we will civilize the situation and stabilize it. talking there to the designated interim prime minister of the ukraine. ryan, in terms of the priorities and ordering what he has to do now and dealing with the russians, which does he see is job number one? >> i think he thinks the job number one is financing. a threat that this country could default. they need to come up with an awful lot of money by june to stay afloat. he will have to negotiate with the imf, the u.s., and the european union to pull that off. he is reasonably confident about that. the problem he is hoping will not become a bigger issue is russia. we have russia conducting military exercises on the ukrainian border, it side of the ukrainian border. we have a conflict in the south of ukraine in a mostly russian speaking area that has historically been part of the russian empire that is now in ukraine, where some gunmen have seized a parliament building. i think he is hoping that those will lead to larger issue

investors worry about the conditions of an imf bailout. it could include plans for devaluation. >>> italy's prime minister wins his first confidence vote, but by just eight seats. he promises swift action to reform the economy which could including an institutional change. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >> all right. a warm welcome to cheese day on "worldwide exchange." >> good to have you back. >> nice to be back. a lot has been going on while i've been away. >> one or two things. the government is in trouble. >> yeah. >> governments being -- >> and the equity markets rally. >> still to come, we're going to be back in barcelona at the world mobile conference with two big interviews. we'll chic to shazam about warner music. >> plus, the ceo of viber speaks just weeks after being acquired by japan's rekuo on tin and for much less by what facebook paid for whatsapp. >> addressing the mobile world congress in barcelona last night, facebook's mark zuckerberg said he snapped

it is the imf bailing them out?the agency has been burned twice in 2008 and 2010 by ukraine. >> the question. the imf chief has said that a team will be going from the imf to kiev to do some investigation about what is needed. the government has said first that it needs $35 billion for a two-year bailout. then they came back and more recently said we actually need $15 billion. they have asked them to not talk about figures because it's just confusing for everyone. that's not forget that all of this began with the russians back at the end of last year promising the ukrainian government the $15 billion bailout at that time. that was part of what ignited the protests. those democratic minded, liberal minded ukrainians who wanted more of an alliance with the eu and association that would've allowed them to eventually get european union membership. at this point, the imf will have to look at the history. 2008 they have had to stop loans to the ukraine because they were unable to keep their promises. what i think is inter

the imf policy advice was put to good use by countries to create ordinated global reonse the imf also provided funding and an unprecedented scale also on the web. and they've seen the torrens title. second time this season in the mountains in the news. she used to critique. some of japan's most ancient myths. landscape he was being especially with the state the town has more than one hundred trucks the scenery has old myths associated with it. this was a bit was said to be a meeting place but gone. woo hoo hoo hoo. he is one thousand three hundred year olds on the tree snake reach for new students and it's good. i want. his mysterious chimes attract one point two million visitors a year steele's of these tunes are receiving the go and see how ago the narrow valley contains two tents primeval forest. i know i mean machine beeps with whom i call coming from. tens of thousands of years ago. i know. runs for eight hundred meters along the ridge leading us through the ever changing scene whatever she know with certainty me to a memory no turkey for us. this mistake it's green diesel on the

major blow for the imf is to help prevent crises and resulting when they occur. so when the global financial crisis began in two thousand and eight. the imf policy advice was put to good use by countries to create ordinated global response. the imf also provided funding and an unprecedented scale. i want also on the web. and they've seen the torrens title the hour. err err. the area i am. each of my little pony that they suffer from. be an adult so protected. in a country that has to take attendance in conflict with the us with little or no credit to me because it is only a small number that would be paid up to the basket. according to cable. i put them in the development of the gospel in kochi. mold into my second born and raised in mogadishu wiesenthal based in the uk has returned to his country to perform a life changing. i executed. so what's inside the international medical organization that stands on its own ends. geary said the man and his team in the form content of the haitian student in the future. the unit but it is. and that includes. then too. it is

the imf would ike to see even less support. subsidies, social spending and budgets will get cut back. ukraine can kiss gross goodbye for the next couple of years. >> you mentioned the president who fled key of last week is the subject of an arrest warrant. he is scheduled to hold a press conference. what is the latest on that? >> it ought to be interesting. he has already said the new government here are not season he's a legitimate resident. what is he going to say now that he is under russian protection? the prime minister in the ukraine accused the government of stealing $70 billion. we have all seen the footage of where he hadome the spanish italian and really extravagant lace there. that is something people are talking about. the the equivalent of entire external debt. they have instructed the banks to freeze all his assets. he's not a popular guy, even among his old supporters. >> we have about 30 seconds left. what is washington's role? state announced the obama administration is landing a billion dollars in loan guarant

while the eu and imf have promised help, it may not be enough. protest movement may have removed the hated resident, yanukovych, but they are stuck with his -- the hated president, yanukovych, but they economic with his crisis. ukraine's are now paying up to 34% to borrow cash in the short term and 11.3% over 10 years. the interim president knows balancing the books must be a priority. >> recovering the economy is the mission of the new government which will be formed after the elections. the mission of the new government is to stop ukraine from heading into an abyss. >> elections to form that government won't be held until may. ukraine will need to pay a chunk of the 10 billion euros it owes in debt repayment before then. it was financial need that pushed yanukovych to reject the eu agreement in favor of russia, sparking the crisis. moscow offered him an 11 billion euro bailout. 1/5 of that has been paid out. the imf has promised to step into the financial breach. >> if the ukrainian authorities were to ask for imf support, whether it is policy

the next step is for the government to resume talks at the imf.and as the government engages the imf, we will also begin taking steps in coordination with multilateral and bilateral partners into the new government, which could complement as i mentioned earlier in th imf package. so i don't have a specific reaction to the beginning of the negotiations and discussions between the ukrainian government and the imf except that we support efforts to assist ukraine as it reform reforms ino stabilizes its economy. and we will be considering a range of options available to the united states to act in support of the complement three way of any imf assistance. >> ukraine has had previous low. back in 2008, there was some trouble on the conditions. does that cloud the talks? >> i would have to refer you to the state department and the treasury and the imf. >> how would you define intervention? >> there have been some reports that suggest intervention and we are concerned about those and we are seeking clarification and we are watching closely to see as the s

the imf or the u.s.nd the imf, $35 billion of financial assistance to the ukraine. >> markets love bailouts, larry, but this is far from a done deal. the imf was burned in 2010. they came forward with an aid package and were forced to cut it off in 2011 because the ukraine was not meeting its requirements on the reform, amounts to 7.5% of g dchldp, it huge drain on the finances. >> we can export natural gas right now. america can. bond market, i don't know if it's germain in a situation like this, but markets are staying for now peaceful and no emerging market contagion. we're going to get to the stock market effect in a minute. but markets have a lot of information. >> they do and, as i said, markets do love bailouts but there's a long way between where we are now and the $35 billion package that we're talking about. >> why? >> because the imf has been burned once before. very, very badly in the ukraine. they are demanding reforms that i don't believe any ukrainian government is strong enough to push fo

the only condition he will as far as you can get from the imf, to essentially keep control. not only theis as future of ukraine, but in many ways, i believe he sees this as the future of russia in ways. he does not want the liberal virus to infect ukraine because his fear would be that it would become a demonstration of fact for his own country. >> i am fascinated by this. with the russian fleet in the black sea off of odessa and the rest of southern ukraine, how does america and europe respond to that? it has become literally a naval action as well. >> there is not allowed the u.s. and europe could do. normally we provide all sorts of economic help, but only with strings attached. people will not provide $20 billion of help without certain political and economic conditionality. that is exactly what jan vukovich will not agree to when under siege. in a funny way, our hands are tied because we do not want to throw good money after a bad situation so we have to see where things come out. if he prevails, then we could introduce help with conditionality, or if there is a new gov

how about the imf? the imf is under political pressure to provide some financing, which out which ukraine will default, they will have to see a government working in ukraine and that will have to include just folks that will be acceptable to demonstrators, but some the technocrats that have the capability who are pretty corrupt and some of whom come from yanukovych's former supporters in the region. the u.s. has to do a couple of things -- facilitate, use the lever of cash from the imf to facilitate a workable outcome that will make the demonstrators hold their nose in terms of elections. he also have to make russians not feel like complete losers because as fiona said, the russians believe right now that they lost tactically. they are not intending to stay that way. if the americans and europeans are going to say, viva democracy, go opposition, and we don't care about the former party, the russians have the leverage long-term. aiken cut off trade, they can crush the ukrainian oligarchs. they can cut of

>> treasury representative jacob lew, talking to imf christian leguarde. he said he would back an imf financial plan for ukraine which desperately needs international financial help but they would noticed to get economic reforms in place. and of course before that could happen the transitional government feeds to be in place. they have another nine days to do that in ukraine. parliament still hasn't tried to appoint the new government, they got rid of old guard dismissing the constitutional courts. but the ukraine is going to need that imf money, the international monetary fund help, but there are going to have to be economic reforms tied to that. they will have to deal with that pretty quickly, del because ukraine is in very dire financial straits, defaulting to the tune of $11 billion this year, it had been a russian bailout in december that let them even set a budget then. >> and what are we rearg from the russians concerning the -- hearing from the russians concerning the ukraine? >> they are not happy about this new government. they say that it is not

it will be tougher for the imf.nited states and the west to try to evolve price in the force, to you crane ans, they chose to make the choice. but at this point, silent from russia that what happens with some complaints out of russia, but we are waiting to see what happens. back to you, julia. >> thank you, michelle. >>> we'll give you a looked the agenda in the united states today. the winter weather impact could show up in more of this week's data with reports all new and pending home sales. we also have consumer confidence data today. we also get the february flash services pmi and the dallas fed surveys. we'll give you a quick look at how the u.s. futures are faring heading into that trading session. slightly higher for the dow around 13 points and the nasdaq is higher 6 points and the s&p 500 is higher right now by just over 1.5 points. so very small gains as far as the futures are concerned this morning, though outweighing the minor losses we saw on friday' section. we have the market analyst here from trading

imf has to see a government that actually works in ukraine.that government probably needs to include not just folks that are going to be acceptable to the demonstrators but a also the technocrat who has capability who are pretty corrupt and some come from yanukovych's former supporters on the parties of the regions. the americans and europeans have to do a couple things. they have to facilitate, use the lever of that cash from the imf and try to facilitate a workable outcome that is going to make the ukrainian demonstrators hold their nose somewhat in terms election. they also have to make the russians not feel like complete losers here because as fiona said, the russians do believe right now that they've lost tactically. but they're not intending to stay that way. if the americans and the europeans are going to basically say great viva democracy go for the opposition and we don't care about yanukovych's former party, the russians have the economic leverage long term. they're the ones that can cut off trade that can crush the ukrainian all gaw

complement an imf program.t that means is first and foremost, western europe and the imf are going to have to come through first and what that means if ukraine accepts a loan from the imf, they have to accept a lot of really painful conditions that they haven't been willing to do in the past, at least viktor yanukovych wasn't willing. maybe this new leadership is willing to do it. things like no longer subsidizing the price of natural gas for the population. very high levels of energy consumption in this country because gas is very cheap because it's paid for by the government. that means it's paid for by everybody through their taxes. the imf wants that to change. they think that benefits the rich and big business and that shouldn't be the case. that's one of the reforms that will have to happen. politically unpopular. the question is, will this new acting government embrace that or will they take much easier money with fewer strings attached from russia. guys, back to you. >> sleeping about two or three hours

you mentioned the imf. ukraine is asking the imf to look at the deal again.oney coming from the imf for the west? >> i guess we will have to leave it there. >> we might have lost him. ryan, you are staying with us. look at pictures from the center of the capital there. interesting view from alexander saying what is most needed isn't money from russia. plan put inreform place under the imf. >> also, characterizing the situation, his view is that this is not spinning toward civil war. this is a broad-based uprising against a corrupt government. what we are seeing on the bond market tells us that in fact it is not the financial issues right now, the macroeconomic issues that are most important. it is the political instability. these abstract conversations about reform can be settled we need to get a government. on january 28, the then prime minister resigned as a concession. the opposition, one of their leaders was a parliamentary speaker. he declined to take the post. what we need is some kind of compromise. >> will the pmb named this week? will it be russian c

not privy to the german capital b that we have some analysts warn financial aid from brussels and the imf may prove a slippery slope for ukraine. presence of us troops in afghanistan causing a rift in washington. while president obama says he may follow through with his zero option. lawmakers continue to push to keep up to ten thousand soldiers there british muslims cry foul over the government campaign against radicalism in the state are being singled out as scapegoats. a fan midnight in moscow thanks for joining u h on r thtop sryheal upheaval in ukrai's cit sparking a backlash in the southeast of the country where many are making it clear ty don't recognize the new supper cleaned leadership in kiev. the move means gathering pace in crimea in our time in this region home to major industrial hubs in some prime tourist spots. also mainly populated by ethnic russians largest rallies held in an evil city of service telco were a pro russian there's just been appointed by city hall after an outpouring of popular support. ortiz europe is to know there's more. for the past if you d c in the cdo

largely because there's a series of reforms that the imf and the eu and the united states want to see him post along with that paid well and ukraine isn't a serious situation here of the day without getting too complicated about bonds in the heels of the simply don't have enough money to keep going the bond market is one of the worst performers this year around the world along with venezuela of the bonds are acting sort of reverse way where short term bonds are yielding higher return than long term bonds. that's not supposed to happen and they simply don't have enough foreign currency reserves to return money that they owe to russia some one billion and also to pay creditors some sticks and a half billion dollars just this year alone in two thousand and fourteen so a worrying situation here many people wondering if this economy is heading towards the fault of course those foreign diplomats hoping they can help ensure that won't happen. what great i think you have for all event that set out cos one photograph of a reporting to assess from kiev and said the crisis as also being covered

arrivalonder what the of the imf officials in kiev next we will do. the u.s.s pledged money but a symbolic amount. >> $1 billion out of $35 billion. i want to make a point. we spoke to hans of graylock -- on the debt restructuring panel for grayson also restructured ivory coast and argentina as well. he made a point it is an income statement issue and not balance seat. the level of debt in the ukraine is significantly lower than a lot of european countries but the problem is there are no tax receipts right now because of the crisis and it is not able to make some of the payments. >> the government is busted, no question. but the real focus is should the imf go win. that is a going debate. i don't know who goes in? the reason the imf was created, post-world war ii, to go in and help broken economies. we are not saying ukraine is broken but aspects of the government is broken. the little deterioration of tape. dow futures, -20. the rest of the markets, unlike yesterday, much calm her off of the headlines. >> but you can say for certain that most investors are no

what the imf is calling for is more coordination.has happened is that we have had very good coronation immediately after the great mental crisis, and the recession 2008, they all had stimulative all of these. -- policies. the central banks of those countries are starting to and that stimulus, and that is causing and outflow of money from urging -- emerging countries like ukraine. reengageurging them to of the imf, because their economy is really in shambles, and one test of whether this deal will hold that has been reached today is whether there can be a better economic conditions, whether the imf can come in with some standby guarantees and economic reforms, and an end to corruption. >> i have about a minute left. is thee observed this first times as the great recession that monetary and fiscal policy are give urging. how should the federal reserve managed the ship, and how will your actions impact the global economy? >> this is the first real test for janet yellen. it is quite rare that she's going to clear -- continue the taper do

it depends on the imf.he most unpopular prime minister ever because what he does -- whatever he does will not go down well in the country. >> thank you so much, in kiev. we have a great lineup for you, robert kaplan, ken feinberg, who you know for his public service, it is helenas -- -- overcome by events, what are the events that can overcome u.s. foreign policy echo >> if you have any kind of violence against the russian speaking , this is, crimea something they would be about in triggering intervention. it does not look like they would want to go in but if you have -- thing happen there, >> what do you observe in a leadership actresses of mr. pruden? >> he knows when to involve -- food and -- mr. putin? >> he knows when to involve himself in when to stand back. he has a lot of experience and he will watch this trigger event. he is a very experienced leader who will be able to avoid this confrontation. >> i look at your service with ted kennedy years ago in massachusetts. is the makeup of your washington,

means the and imf would have to step up to the plate.oes that make it default less likely or more likely? >> i am not an economist and i can give the exact details. the fact that we have seen today that it looks like $20 billion of aid has been put on the table by the eu -- we know the eu moves more slowly than russia was in terms of providing that. there is a risk. the ukrainian economy is in dire straits. russian aid was vital to the continuance of that economy without the fault. the fact that the eu has backed this is a positive move. what is going to be crucial is how quickly they can disperse this money and what kind of conditions they apply to it. >> thank you so much for all of that. come, the swiss army bunker that is protecting the world stayed up. we will show you how tech companies spared no expense in this super secure button facility. >> the 39-year-old italian premier faces his first confidence vote in the senate today. details after the break. ♪ >> welcome back to "the pulse" live on bloomberg tv and streaming on the ipad

hans hume says imf stay out.now what else to do. >> well, hans pointed out the issue for ukraine is not a balance sheet one because there is not as much debt they are, but people are not paying their taxes, so the government does not have cash. >> can you be quiet so we can get to beer? scarlet fu with our single best chart. inbev saying growth is improving in roselle because of the world couples of our single best chart is a long-term chart. it is on the number of active armories in the u.s. since back in 1887. it comes to us from the beer institute. >> i hated the prohibition. in 1920mission began and of course they came back online legally in 1933 but a pretty steady decline since then until the 1980's, and it really began taking off in the 1990's. >> is at the brooklyn effect? ,> yeah, the number has surged and you can see the financial -- it is now almost at 3700. >> i am saving on the bet that that horrible prohibition that you found so appealing. >> but you know that rise up the last couple of years is bec

they need that in place if they want to negotiate with the imf. >> it's definitely boring. the big one around this. headwinds, you have a rare thing. cross party supports. want tond conservatives crack down on gambling. it's a thing they want to address. they provide a vast amount of revenue. we will have a chat about toking compensation paid tackling debt. >> stocks up. eye on them,ng an and they haven't given the game away with what they are going to do with the telecom operation, have they? like they are considering all options. slight miss ona revenue, but it could be it is more likely they are going to as rid of an asset like sfr they try to focus on the core of what they do as a media company. that's where we see the earnings. we will be digging more into this in about 20 minutes. 1.6% on the down back of that open. the movement in the stock market is quite staggering. >> extraordinary. i'm going to look at the ukrainian stock market. stocks up 22% yesterday on the back of arise on friday. it has been extraordinary. if you put your eye on the stock market, they are ve

the imf, role of the u.s. matters right now. >> i just think, too, as i think why this matters, it is ultimately about the united states and russia, but it's the also about what america stands for in the rest of the world, david. what is our voice? what is the president's voice? is it a foreign policy that's defined by its limitations or by its potential? and you look at, you know, this democratic fer meant on the streets. it's not just happening there, but lots of parts of the world. >> we've got a big test coming up. the crucial battlefield is in putin's mind. he's seen an autocrat fall on his border. he's got be thinking about himself. he's probably thinking he was not tough enough. putin is probably going to want to crack down more and the second thing, what about cry meria? do i let ukraine break up? no, i don't. i do what i if to what i did in georgia. this is a potential epic conflict between us and then. what the u.s. is doing, i think pretty well, give the administration credit, trying to get ukraine

we want to shore that up, and very importantly, we want to cooperate with partners in europe, the imf, the russians if they're prepared to participate, to help the ukrainian economy which is very, very fragile. they need to reform and they need financing. and that will be very much a part of our shared efforts. >> do you think the united states has a big financial role to play in helping? >> the united states will play a role along with our partners in europe. if russia chooses to participate, they would be welcome. and of course, the imf is the big player on the block in this respect. >> susan rice, appreciate it very much. coming next here, we're going to get a sense of what's happening in ukraine on the ground from our chief foreign correspondent richard engel in kiev. plus our roundtable, insights and analysis, david brooks, chris matthews, judy woodruff and helene cooper with their reaction to ambassador rice and also america's role in the word coming up here on "meet the press." [ male announcer ] these days, a small business can save by sharing. like carpools... polly wants to

imf put out a statement -- the ukraine notified the imf and the imf is ready to respond. monitor that story as well. we are on the markets again in 30 minutes. >> let's count down to the open with your top 10 stocks. scarlet stays with us and olivia sterns joins in as well. i will kick it off with forrest oil. it will slow drilling and reevaluate property. dropews prompted shares to . >> blackstone group. bought 20% of her thought she -- versace. amc networks. it 19% jump in quarterly revenue, beating estimates. results were helped by the increasing popularity of its hit series the walking dead and the continued success of "breaking bad." >> i am on season three. number seven, tesla motors. outlining plans for a giga factory. it would produce enough batteries to supply 5000 vehicles by 2020. kohl's.er six is o they are renewing emphasis on national brands in an effort to increase sales. >> number five, hilton worldwide. 13% increase in fourth-quarter revenue, but earnings shrank due to ipo related costs. billion ipo was the biggest ever for a hotel industry. >> it is a ba

imf also provided funding and an unprecedented scale. i want also on the web and they've seen the torrens title. the coach loans to small legion of outstanding natural beauty. he teased its contents huge deal to make the eight th. eye. tying the weekend became wealthy. i just don't exist in the context of these areas the area. slow steady. don't get me going each day. it's going to get here. many of weeks the streets. the street in which ideally gracie released in twenty oh six that is true many today the many courts close in the screen. the country the eye. he knew knew who knew . in rta don't snicker and varied also the coast of new york. leland is where many in twenty twelve run stand the test greats including the homeless before and even infants are a fine prison inmates will take out the history of that. and just because you're paranoid doesn't mean that they're not after you. the old saying rings true for the school district sent to parents by keeping biometric data on students. this is a group of her styles a criminal cai

would work to compliment an imf program goinn forward though any aid from the u.s.ongress. one analyst says there could be enough support. >> we've seen some very good, strong statements coming from the senate, senator corker, senator mccain and others. i think there's, there is a strong will, particularly on capitol hill to support the aspirations of the ukrainian people and their european western orientation. i think there's a strong will from washington. the question is how much assistance can we really put forward? >> aides to congressional leaders say a loan to ukraine is not quite on the radar yet in congress. meanwhile russia is mulling the remainder of the 15 billion-dollar aid package to ukraine waiting to see what the interrip government looks like and presidential elections on the 25th. imf loaned billions to ukraine after the soviet union collapsed t suspend ad multibillion-dollar aid package a few years ago after the government failed to follow through on reforms. back to you. adam: rich edson in washington, d.c., thank you. cheryl: here at home we're w

i spoke to the imf chief, christine lagarde, shortly after the munich a was issued.had to say about the stalled reform progress. >> it is disappointing. it is not going to stop us from doing the work we have to do. it means two things. imf withot equip the the necessary long-term resources that are needed to come and help countries. second, it does not help the imf being appropriately representative, and the mirror of how the economy has evolved over time. noting theso worth smiles and good feelings, but none of what was agreed to is binding. we have germany saying the growth target cannot be guaranteed. >> we will be watching. in a moment, we speak to the world bank representative at the g 20 conference, cfo and managing director bertrand badre. ukrainian president has disappeared, and parliament has given his powers to the speaker. neighbors met in a special sunday session and call for a swift move to a new government. they heard warnings the economy is on the verge of collapse. viktoras been no sign of yanukovych is a left jab on friday. he was presented -- preven

the international monetary fund director said the imf is send a team to ukraine sue bird we are joinedom tf -- kiev. what is the financial situation like five days after the revolution? it is pretty precarious. >> we had a meeting yesterday with the central bank governor. it was the first interview he had given in the week and he was giving interesting numbers. cap wished -- cash withdrawals fell 7%. he gives you a sense of the financial panic that really battered the financial system at the end of last week. that situation has stabilized and they are still desperately trying to persuade the ee you and the imf to give them a bailout that might be worth as much as $35 billion. for that to happen they need to form a new government and that has not happened yet. >> what are the prospects like for a bailout? >> it depends on who you speak to. there is a sense coming out of kiev that all they need to do is put together a government and it will get the money. they are aiming high with their $35 billion request. that it to bear in mind is a slamdunk that angela merkel will be delighted to han

it will be the eu and united states but should the imf be involved? >> they are leading it.- reform the economy tremendously. they never reformed after the berlin wall came down in a way that poland did. they relied on soviet air industries and did not modernize and used soviet subsidies to keep that going. the ukraine per capita gdp versus poland and the united states. they have made no progress in those 20 years. the choice is going with russia and continuing that arrangement or go with united states and the imf and reform your economy. it will be painful to do. the politicians are not anxious to embrace that. note, the g 20r met in australia and they are about to raise their global growth forecast? >> they came out with a proposal , a pledge, as it were, to raise global growth by two percentage points over the next five years over what it would have been which is around four percent. they are looking to boost that to add to the global economy. the trouble is, it is not going to happen. they cannot specify how they will do it. there are problems with the three biggest econ

the year is expected to transfer remaining amounts which the leftist as a team and imf by june of two thousand and sixteen respect ask for to those systems because a significant budget deficit the greek government cannot borrow money on the market like the us government because investors keep ready to buy greek bonds with the still only a fiery speech makes the payment of debt almost in pots. the guts is going to focus on the national team to quit his job as a chief coach of fc us to knock early it was reported that cross nor john became the head of the sea us to knock you to custom john made a career in the soviet union in russian football as a defender and midfielder he was the chief coach of the second russian national football team he led the team in six matches his team won five of them he had in estes park technology fc locomotive se qld on etsy on g and f c today customers john has signed a two year contract with the possibility of extension. oakland. we need to work with the team is not the work of one coach the success depends on the efforts of the coaches of all the pups are

russia is better positioned than anybody else better than the imf better than the brt because they are in daily contact with ukrainian economy. that's why peace and normal business conditions are so important to all parties here. just joking that the question on who is going to come to ukraine's a d d d thing that ukraine will have to choose between the west and russia at some point will it be able to balance the two. i think it's a dichotomy and i think sergei lavrov russia's extremely experienced and highly regarded foreign minister has said that this is not a zero sum game. not one of the other. it's both ukraine needs europe. as a trading partner as well as a political friend and ukraine is russia is no reason they cannot be on friendly terms with both assuming the russians and the europeans can agree that mr recently cannot agree sergei lavrov has worked closely with his opposite numbers. in the eu in poland and germany. in the united states. these foreign ministers can sit around a table as it did last week and cut a deal. make sure that russia and the others will sustain ukraine

in addition to an imf package but isn't easily stairs asking our courts many europeans are not too happy about saving ukraine from the fall eu member states agree. we don't have any jokes and at the same time we have debts to pay. they should support us now that we're in great need. eu member states spain. i'm unemployed and two children we don't give any government help and it's hard to survive each month if we don't have money for us. how can we give it to ukraine. andrew bolt the ukraine a country without even association the loopy ewe. eu was as is playing with carrots and sticks the busy economic integration which is going to mean the big parts of the ukrainian working population will see a deterioration in the limits of a fantasy about entering your update the envy of the state's be lined with gold that's a fantasy because the real project as it is an imf based austerity program with questions about who the ukraine into the future and whether the current will stay together when the news media. it's good when the quantity that needs to be revamped first. even before the euro might d

of what nothing new came out of the imf today.he governments around the world to promote growth. that is hardly a surprise to say they hope the fed remains relatively accommodative in terms of their monetary policy and not doing anything particularly surprising, that is not surprising. lastly, having the imf recognize emerging-market currency needs to be addressed to us to little bit. listed it to three percent just a month ago. >> why do you think there was a big concern about emerging markets? just a few weeks ago. it seems to have kind of melted away. . >> it was knee-jerk. it was a headline. . they sold first and asked questions later. when you look at the actual memorandum, there is nothing in it really new or interesting. close to trading near a record high in the s&p. be long you continue to stocks here? >> we are. >> the returns from here will probably not be as great as they were in the last few years for sure. the fundamentals seemed relatively good. the economy is growing. better than eight percent earnings growth, a su

the imf is not renowned for giving away money for free. there's a lot of questions to be answered.is,his new fiscal and is to be put to an end. -- it needs to be put to an end. >> how critical is it for new leaders to know the whereabouts of the former president? it's pretty important in terms of closure. in terms of getting closer on the events of last week. the president and his followers declared this to be a coup in yesterdaya came very strongly against the administration and said it was like a terrorist regime. there'll be a lot of questions around the new leaders. we need to find them so they can put them on trial and show the supporters in kiev that justice will be served. >> there has been lots of talk that we could possibly see a split in ukraine. is that a possibility here? >> anything is possible right now. certainly, if you look at the sort of rhetoric that is coming out of southern ukraine where russia has its fleet and in the east, there is some cause for a to vote onferendum whether that part of the ukraine should join russia. for now, it is seen as fairly extremist

the white house, the imf and the european yuan ron are scrambling to find a way to get cash into thatir putin freezes their package. can the west move that fast november to prevent the ukraine from splintering? we're joined by jean claude trichet. he's in arlington where we's just achieved a lifetime achievement award. welcome to the program. congratulations on the award. >> thank you. >> nobody knows these institutions like you do. can the imf get money in fast enough when it want to attach conditions to the money and you have a crack qume in which that may not be able to happen? >> my understanding, as was said before, is that there we have an immense problem, very, very difficult is both and medium and long term. on the short term basis it's clear that the country is about to be bankrupt, and that is of course something which has to be cared for immediately. on the other hand it is absolutely clear that ukraine needs long term investment, long term restructuring and that would be called for also the world bank to be involved and not only the imf ap ebb i a vls to say, of course, th

the main one had to do with the imf reform. they said that they regret the having not been effective. they singled out the united states and urged the united states to ratify the reforms that were agreed to. lagardewhat christine had to say about the reform process. >> it is disappointing and it is not going to stop us from doing the work we have to do. it means two things. -- it hast equipped not equipped the imf with the resources needed and it does not mirror how the economy has evolved. >> one other point that she added was that none of what they agree to is binding. we have germany saying that the growth target cannot be guaranteed. >> thank you. the g 20ave more from summit later on. minister is coming up in half an hour from now. technology stocks are on the move. let's find out what is going on. >> there are other stories this morning. looking toa consumer buy a camera phone, these stories may affect you. we have an interesting report in exit the they plan to compact cameras. if you are planning on getting a canon, bett

the imf appears to be the primary choice right now. that secretary jack lew had spoken with the managing director of the imf, christine la guard,,and they would welcome a request from the country once they have a gourd. they're supposed to form a temporary government tomorrow, that was supposed to happen today, so that's been pushed off. once they hand over that formal request, the imf can go in there, look at the books, see what kind of packaging put together, negotiate on the conditions. the problem is, that could talk up to a month, and they're saying they need money within the next couple of weeks. melissa: what happens if they don't get it? well, they could default, or russia could step up. even though they've decided to suspend their $15 billion aid package, there are some conditions where they may want to reenter. russia has had such a lay here, this has been an east/west thing. they might not want to lose influence. really depends on what kind of government they come up with tomorrow and in the next few months. melissa: other t