phone is meantse to capture some of that market, whether it is india or china.uch did we learn about the state of the consumer in these emerging markets? >> we got a hand with the margin guidance, and maybe they are expecting a lot, i'm guessing, we don't know, that the new phone will have a worse margin than the funds that have been on the market for a while, that is how tends to become even though this phone should have components from the other phones and so on, but i think it will be an intriguing call to get that guidance. we might expect that before whatever the next iphone is to come out likely in the fall that there will be some sort of time here, and this is the worst of it. this is looking to be worse than average. my distorting to update model, an 18 percent year-over-year decline in iphone revenues is significant decline for a big business. 18% for the hottest consumer product ever, maybe, i don't know, and that is a consistent 1% to -18%.o 36% to i think one of the reasons we are seeing that is that apple would release a device in years past in the

china. i mentioned jb.com. you have also been prospecting and investing in india. would you ever consider relocating there to be closer to what you're doing? india or china? >> well, i have been traveling the last few years about 200 days a year. i am still visiting china a few times a year, as well as india. 20 percent of our capital was invested in china, 40% in u.s., and 20% in india and europe -- 40% in china. has: some of that capital appreciated. and at a faster rate in china. ming comes to mind. a lot of people spend too much time wondering if uber is going public? should they be wondering about this chinese company instead? >> i don't know. i think what is really important is to have multiple financing sources available. so when we started to invest six internet in late stage , that was something that was not very popular. i think right now, there is this fore space, and many funds to spend in funding companies at late stage, which creates an alternative for them to go public. so i think as long as all those alternatives are available for the founders, they will be making this ultimate decision erik: private funding has proven to be perhaps a littl

if that was true, half of india or china would be terrorists. what's missing? lowed to talk about that because it might offend somebody and it's political correctness. dagen: and the issue of guantanamo bay is a hot issue and the president is going to close it any means possible. there's a new study that found out that found the most notorious terrorists are held in prisons actually here in the united states. an investigation by the new york times found there are currently 443 convicted terrorists here in prisons in america. what's your take on that, sebastian? >> this is a hot bed of radicalization. the prisons are one of the ep centers, and it started 15 years ago. do you remember the shoe bomber richard reid? his mother was catholic, his father was a protestant and he converted to islam in prison and then chose the mosque that would be most radical and tried to execute his plan. we're seeing this path again and again and again, people inside our federal penitentiaries converting and walking down the road of. sandra: he had aed. dagen: what are you going to do

you can work with them, the the investors and whether they are are from scottsdale or china or indiathe grand canyon, if you can hike it, bike it, and run the river, run the river, and take your memories of the place and always leave it the way that you want the next generation's to see it. >> renae's sentiment is punctuated by a double rainbow, and a very good omen just in time to see the canyon and the river that made her in a whole new way. ♪ >> these are going to be my companions the next four days, and people who paid thousands and others who were tighter than others. >> and i have three people ragging on me on how i wear the life jacket. it is going to be fun to see how four days of heat and sand and rapids and rattlesnakes changes us. man: dear mr. danoff, my wife and i are now participating in your mutual fund. we invested in your fund to help us pay for a college education for our son. we've enclosed a picture of our son so that you can get a sense there are real people out here trusting you with their hard-earned money. ♪ at fidelity, we don't just manage money, we manage p

lands and have them get the benefits instead of some investors that are from scottsdale or from china or from indiacanyon. if you can hike it, hike it. if you can run the river, run the river. take your memories of a place and always leave it the way you want it for next generations to see it. >> renae's blessing is punctuated -- >> wow, look at that rainbow. >> -- by a most spectacular double rainbow. good omen. just in time to see the canyon and the river that made her in a whole new way. ♪ these will be my companions for the next four days. folks who paid thousands and waited years. and some are wound a little tighter than others. >> this is way too loose. >> yeah, you've got to -- >> i've got three people already ragging on how i wear my life jacket. >> it's going to be fun to see how four days of heat and sand, rapids and rattlesnakes changes us. man: dear mr. danoff, my wife and i are now participating in your mutual fund. we invested in your fund to help us pay for a college education for our son. we've enclosed a picture of our son so that you can get a sense there are real people out here

this was a very long trip from china or india to the caribbean. it could take nearly half a year. some critics argued that the contract labor trade resembled in mortality rates the rate of the transatlantic slavery. they didn't want to see a new slave trade emerging under the guise of contract labor. at the same time, anti-slavery critics worried that these laborers were actually being co-worst -- coerced or falsely seduced to sunning their laws away. -- flaming their lives away. this was the perennial fear of indentured servitude. did the people really know what they were getting into? were the planters on the other end of the deal abiding by their contracts to protect the safety and well-being of the workers? were these contract laborers truly voluntary? or was it just a disguise? in this solution to the problem of emancipation just creates its own problems. the final point i will say about these contract labor migrations is they are a reminder that in the 19th century, the world becomes globalized in a new and intense way. we have not really seen the connections between the atl

we're saying it's actually a product that the people in india, these other places, or china, can no longer afford that's why they're buying the cheaper phone. if we're saying it's toilet paper and everybody can use this, apple's doing a 180 tomorrow. so i actually think eight times x cash, the fact it's trading cheaper than chkimberly clark, people are putting it in tech companies. is that the reason to throw the stock out the window today? absolutely not. >> my view on apple has been overshot on the up side. now it's likely to do so on the down side. comparing it to consumer staples, not nearly the balance sheet like apple has. i think the key issue is cyclity. obviously this quarter just reported, the guidance that they gained for this current quarter, speaks to the fact that i'm getting -- >> buying toilet paper and toothpaste -- >> it may be cyclical. that's the feeling i'm getting. >> i think it's really the big issue here. listen, the issue of hardware companies, and they are hardware companies, facing the end of a cycle. >> we're getting at the question of why are investors -- >> no

. >> you mentioned how ripe the market is in india, or you're not china. but mark was in china with me, early about two weeks ago. >> yeah. >> rose: at a conference we both were attending. and he was seen jogging in front of the great wall, in front of the great wall of china. >> yeah. >> rose: do you hope and expect to be able to show get a way to have access to china and a billion plus people? >> yeah, i mean we would love to be. it was obviously-- it's obviously a complicated conversation and i don't have any new updates on that one. >> rose: you have nothing to give us. >> unfortunately, no. >> rose: do you have time for your reggae band. >> yes. >> i wish, it turns out i discovered some of the most amazing reggae musicians out in palo paltdo-- alto a group called rafo. amazing musicians and singers. since having our son i don't get to play with them any more but i do every once in a while get to sit in with them and play keyboards. >> rose: good for you, thank you for coming. >> thanks so much for having me. >> rose: thank you for joining us. see you

but if the government of a middle income country wants to reduce poverty, you know, let's take china or india, it can borrow commercially to do projects which are focused on poverty reduction. having the bank there, the world bank there to be an additional source -- either the government wants to do these projects, or it doesn't. >> i think that there is a period in that transition when the government wanting to do it and the ability to do it are not totally matched up. and that's where i think having international financial institutions, this is not concessional financing. i mean, i think that we have to maintain the principle that below market rate lending is restricted to the poorest countries and, you know, that is something that comes under pressure on a regular lay sis. >> let me switch a little bit -- >> if i can -- >> yeah, sure. >> i think it's also important to develop new instruments. we're seeing now in refugee crises that there are, there are geopolitical situations that create surges of need. and there aren't necessarily the tools in place to deal with where those needs show up

bigger carmakers taking them in, but there is some speculation that there could be a buyer from china or india to get a start in the car market. it's a be she has a strong business in southeast asia. we have to leave it there. shery: coming up next, inflation expect haitians. we have the numbers out of australia win "trending business" returns. ♪ shery: these are the top stories trending. donald trump harrows one a clean sweep. it bolsters his chance of securing the republican nomination before the party's convention in july. hillary clinton won four states, pennsylvania, maryland, connecticut, and delaware. bernie sanders one rhode island, but has vowed to stay in the race regardless of today's results. taken aares have nosedive in extended trade after its first sales drop in more than a decade, and forecast another decline for the current quarter. second-quarter revenue slid to just over $50 billion. a 60% drop in iphone shipments and forecast revenue of 41 billion dollars to $43 billion this quarter, representing another double-digit fall in sales. tumble ins taken a extended trading after

there's some great research this is one of our economic power in china or india combined. i think people who look at the evidence-based case you want to get from here today. they are very pragmatic. you are not an ideological about things. they know it matters to our future. i think that's kind of an important point, given that's why your book is laid this out in such an important way. >> guest: i also think, right, the stakes could not be-or in this election. every remaining republican candidate for president has taken a very extreme position on women's health and women's rights. so it's not only that we're going backward, going forward and beat to death someone who really prioritizes and speeds this up. there's also a big danger of falling backward of what's at risk. voting rights for millions of african-american women. african-american women have the highest turnout of any group in the country now. latinas, the question with the supreme court allow obama's immigration orders to go through, or millions of women going to be deported? will women continue to have reproducti

one person tweeting out that if anyone is growing, it must be china and india, not the u.s. orack to you. rishaad: let's check some other stories. chinese direct investment in the 90's states rising to record levels. -- in the united states rising to record levels. the report says chinese investment has created 90,000 ,.s. jobs in the last 15 years but antitrade rhetoric from all three presidential candidates threatens to put that at risk. metals posting gains in sydney 42er the company shipped million tons of iron ore in the third quarter. it also reported lower production costs under $15 per ton. net declines of five point million -- five point billion australian dollars. the effect of $81 million of bangladesh's foreign reserves, a bank said it would consider repairing part of any money to can be recovered. toestigators are trying track down hackers who attempted to still $1 billion from bangladesh's account in the new york fed. icbc saying they did not realize several stock payment orders where from the bangladesh bank and will return the money. a little-known japanese comp

sebastian: if the government of a middle income country wants to reduce poverty, let's take china or india, it can borrow commercially to do projects which are focused on poverty reduction. having the bank there, the world bank there, to be an additional source -- either the government wants to do these projects or doesn't. secretary lew: i think that there is a period in that transition when the government wanting to do it and the ability to do it are not totally matched up. that's where i think having international financial institutions, this is not concessional financing. i think we have to maintain the principle that below market rate lending is restricted to the poorest countries. that is something that comes under pressure on a regular basis. sebastian: let me switch from development -- secretary lew: it's also important to develop new instruments. we are seeing now in refugee crises that there are geopolitical situations that create surges of need and there aren't necessarily the tools in place to deal with where those needs show up in a timely way. one of the discussions that's un

can they do iter or pull it off or a losing game not only selling into china, but india, and the emerging the average income is much less than the u.s. and they don't have the subsidies that we have or starting to extinguish here in the u.s. in terms of the carriers. so that is a big conundrum, and another thing that you is not talked about is services. they did a little bit over $5 billion, and 10% in the apple pay and the itunes and tv and could that eventually become a bigger picture in the product mix and sort of like ibm where the services were 50% of the revenues and i'm not saying that they are going there, but could they use the leverage to expand in terms of garnering more dollars per user so to speak, and that is something that could be on the table also. >> dan, big questions being asked today, and good to have you with us. >> thank you. >> dan morgan talking about some apple. >> thank you, carl. >>> and up next -- thank you, guy. and here is jack dorsey talking about the user growth with an exclusive with julia boorstin. >> the total audience is massive and we have 8 million p

he's in india is where china was seven or eight years ago.hone growth and stagnation is due to economic factors -- macroeconomic factors. paul: to a certain extent, tim cook is right. china is a big driving market for him and there was slowing growth, borders were down significantly year over year. the question is, to what extent will china, and when will china terms around -- when will china turnaround in terms of user growth? -- so that we are all talking about the iphone story. i think investors are saying that is fine, i can pencil in a little bit of growth from the isil -- from the iphone story going forth. reading: it struck me through the apple announcement, but also this morning, was greater china fails for apple. down 26%. does this point to the fact that we seean do more or do local incumbents being so much better and so much stronger that the iphone and apple are going to have a much harder time in i think the company last night talked about a couple of things. there are some structural issues in terms of competition that were diff

nigeria will replace the united states as the world's third most populous country after china and india by around 20535 or 2040. in europe, japan, and korea, the median age in 2030 will be 45. in germany and japan, it will be 50. one-quarter of those populations will be over 65. we don't have examples of such aging populations in human history. and for leaders in europe, if you're running a social welfare state with fewer workers, more pensioners, woo, the problems you face will be profound, as well as from the united states' point of view, how will they be able to invest in new and dynamic economies, military spending, et cetera. china today is younger than the united states in the world of 2030, it will be significantly older than the united states because of the one child policy which is leading to a rapidly aging population. and china could well be old before it is rich and faces the problems of social services, health care pensions in a vastly different demographic environment. now, in the advanced industrial world, the good news is with the united states of america where our population will only mod

going to be taken more than anything by the united states, by china, by india, by russia and by the european union whether we are in it or not. as it's usually been suggested that the united kingdom with a 65,000,000 people, less than than 1% of the world of 7 billion is going to have more influence by itself then as part of the european union? we can get carried weight sometime, i remember when the only ally was china, they said to the people we are very important people, together with china we represent a quarter of the world. let's not make this a mistake of saying that her 65 million in a world of 7 billion that somehow we are not threatened by being part of the european union when it comes to form policy and the cost and benefits of leaving that unit. thank you. >> thank you very much. can i invite you to give it opening statement. >> thank you very much. i too will start with a personal journey on this. i think it is print to understand that i was born in west germany. i'm probably of british politician -- i know these things are supposed to be possible but also know it requires great work. i spent two years and 15

nigeria will replace the united states as the world's third most populous country after china and india by around 2035 or 2040. in europe, japan, and korea, the median age in 2030 will be 45. in germany and japan, it will be 50. one-quarter of those populations will be over 65. we don't have examples of such aging populations in human history. and for leaders in europe, if you're running a social welfare state with fewer workers, more pensioners, woo, the problems you face will be profound, as well as from the united states' point of view, how will they be able to invest in new and dynamic economies, military spending, et cetera. china today is younger than the united states in the world of 2030, it will be significantly older than the united states because of the one child policy which is leading to a rapidly aging population. and china could well be old before it is rich and faces the problems of social services, health care pensions in a vastly different demographic environment. now, in the advanced industrial world, the good news is with the united states of america where our population will only mod

or disappeared, they don't care about who helps them. and i think that it's in every country, in united states, germany, india, china, russia. so it's not the problem of culture. it's the issue of human dignity, i think. so everybody could face police brutality and human rights violations, detention, illegal detentions and so on. so i think the culture doesn't mean here. thank you. >> hi. mitchell -- [ inaudible ] okay. mitchell pullman. i've been involved in russian relations in one form or another for many years, in exchanges, doing elections, monitoring, media projects. first a comment, then a question. nikolai, why do we care about russia? it's really very such. they have lots of nuclear weapons pointed at us. so long as they are nuclear weapons pointed at the united states, whoever is controlling the button, what's going on in russia is going to be concern to people here. it's really that simple. mr. kissleyev said it, right? obviously we're going to take an interest. the complete opposite is true as well. but i wanted to gab to our conversation earlier about what happened in the '90s, and people-to-people exchanges, be

china. united states, russia india each with half a billion or more population or thereabouts. so we are at 65 million so it is obviously the case united states will not go for a supranational union. we are at a different starting point. >> what is your response to that? >> i think it's a question of wanting to govern ourselves. i think right now the common thread is the reason united states would join something on your not because of mike simply want to maintain its concept of self-government and for me that's the same. i don't say there are no potential benefits that could accrue in size or con a scale of being in a larger grouping. it's just for me it's outweighed by the fact that there is the supremacy of law that lies beyond our own borders. >> if i may your decision today is about britain. it's how we are most likely to have power or influence in the world not just about whether we govern ourselves another don't agree to national -- that we have a good argument that suggests we have more power are least as much by not being in the european union. >> i used to work with so

china. united states. russia. india. each with a half a billion or more population or thereabouts. we're 65 million. so it is obviously the case that united states will not go for a super national union. it doesn't need to have one. we're at a very different starting point. >> what's your response to that, dr. fox? >> i don't think it is a question of size. i think it is a question of wanting to govern ourselves. think where i would draw the common thread is that the reason the united states wouldn't ever join something like the european union is not because it might dilute its influence, but because it simply wants to maintain its concept of self-government and of sovereignty. that's for me is the same. i don't say that there are no potential benefits that could accrue in terms of size or economy of scale or be in a larger grouping. it is just that for me it is outweighed by the fact that there is a supremacy of law that lies beyond our own borders. >> one additional point, if i may. this session today is about britain's role in the world. it is about how we are most likely to have power or influen

but if the government of a middle income country wants to reduce poverty, you know, let's take china or india, it can borrow commercially to do projects which are focused on property reduction. having the bank there, the world bank there, to be an additional source, either the government wants to do these promgjects ort doesn't. >> i think there's a period in that transition when the government wanting to do it and the able to do it are not totally matched up. that's where i think having international financial institutions, this is not concession l financing. we have to maintain the principle that below market rate lending is restricted to the poorest countries and, you know, that is a -- something that comes under pressure on a regular basis. >> let me switch a little bit from development -- >> if i can, i think it's also important to develop new instruments. you know, we're seeing now in refugee crises that there are -- there are geopolitical situations that create surges of need and there aren't necessarily the tools in place to deal with where those needs show up in a timely way. and one

or close to schedule. >> newark liberty airport. a major hub there. china and india. >> not once, but twice this morning. >> some delays. >> kerry drew is outside. >> good morning to you. things seem to be getting back evacuated not once, but twice. there are some residual delays port authority police saying an electrical fire broke out in the boiler room. that happened around 1:15 a.m. you can see some of the heavy broke out. the fire contained around 2:00 a.m. everyone that was outside is back inside. the fire reignited. terminal b was evacuated again. authorities say the fire was contained for a second time around 3:45 a.m. we did speak to some people that were inside during all of this confusion. >> 145 or so in the morning. >> when we will fly out. >> frustrated by the situation. ride. >> for the most part, this is open. there are some delays. there are a handful of flights leaving. the delay seem to be going back to on time. check your flight status. >> all of that trouble. greg: they get it from the passengers. donald trump. a lot of them pro- coast-to-coast.

or making any progress towards an academic degree. nicole: officials said most foreigners have benefited from the scammer from china and india and willith by immigration authorities. lauren: let's get you caught up overnight. in asia, relatively muted trading. the shanghai composite and the nikkei shanghai composite in the nikkei in japan to attend the 1%. the hang seng in hong kong at the 10th of 1%. kospi and south korea up half of 1%. nicole: and europe, keeping an eye and airlines because air france was actually plummeting while ceo stepped down unexpectedly. ftse and london up half a percent. caci pappy% and the german dax gesturing slightly negative. lauren: investors in the u.s. look at the upcoming release of the minutes from the federal reserve meeting. oil prices moving higher and the fact we were down for two days and earnings season. tough features higher by 49, nasdaq futures higher by 50. nicole: almost 3%. this on the idea that kuwait and saudi arabia are working to obviously freeze oil production. lauren: hold down 2.5 box spirit world's biggest coffee chain plans to open a larger store in the world right here in manh

i was talking about china, the united states, russia, india each with 500 million or more population, or thereabouts. we're at 65 million. it's obviously the case will not go for a supernational union. it doesn't need to have one. we're in a very different starting point. >> i don't think it's a question of our size. i think it's a question of wanting to gorchl ourselves. the reason the united states wouldn't ever join something like the european union is not because it might dilute its influence, because it simply wants to maintain its concept of self-government and of sovereignty. i don't say that there are no potential benefits that could accrue in terms of size or being in a larger grouping. just for me, it is outwayed by the fact that there is a supremacy of law that lies beyond our own borders. >> this session is about britain's role in the world. it's how we might have power or influence in the world. it's not just about whether we govern ourselves or not and don't agree to supernational treaties. we have to hear arguments that suggest we have more power or more influence, at l

don't exist, those replacements positions don't -- or they'll hire the companies abroad to do the job. and now you're hiring companies in china and india technology work, and guess what, they're going to get -- these people are going to get paid infinitely less there than here in the united states. >> not outsourcing because they don't have the source. just moving it over there. >> you don't have a choice. if we're going to educate these kids, we're going to educate these students in this country, why don't we keep them here? >> all right. dominic tavelah on the h1-b. >>> hillary clinton making a surprise appearance at a new york charity roast last night. and the democratic front-runner doing a little roasting of her own during the inner circle dinner. all at the expense of one of her high-profile supporters. >> thanks for the endorsement, bill. [ laughter ] >> took you long enough. >> oh, snap! trugreen presents the yardley's. hello?! -oh, pizza is here! -oh! yeah, come on in! [claps] woah! lose the sneakers pal. kind of a thing. spring is on. start your trugreen lawn plan today. trugreen. live life outside. put under a microscope, we

going to be taken more than anything by the united states, by china, by india, by russia, and by the european union, whether we're in it orhe united kingdom with 65 million people, less than 1% of a world of 7 billion is going to have more influence by itself than as part of the european union? my final point, i remembtogethe china, we represent a quarter of the world. now let's not make the same mistake, that somehow we are not strengthened by being part of the european union. thank you. >> thank you very much. can i invite you to speak? >> thank you very much. i think it is important to say that i was born in west germany. i know these things are perfectly possible, but i know what it requires for it to work. i spent two years as a health minister, i spent 15 months trying to negotiate a european constitution. on behalf of this committee, by the way, when the constitutional convention was formed, it was this committee which sent representatives. and it was our duty to bring the european union closer to its people. i think it literally was in july of 2003 when after all attempts i reached the conclusion that this institu

india, interest rate is much higher than before. at the same time, the risk of not following china or raising interest rates by following the u.s.ow sluggish the economy is. into al be raising slowdown given how expose you are to the chinese economy this time around. rishaad: that is just it. this is a policy usage of should be followed by the emerging markets, and will india be one of those you are referring to? >> yes. india's sluggish growth has less to do with china. india could potentially benefit from lower commodity prices. one, the potential ramifications from the middle east slowdown on trade and capital flows. ,lso, from the domestic front where the government needs to balance between the need to consolidate fiscal policy, but at the same time try to support limiting thehat is way they can support and boost growth in the short run. there are growth issues there as well. that is why the monetary policy needs to be on the easy side. they cannot go to aggressive on that front. about the slowdown in china, the easing of monetary policy there? which of the countries in this part of the world have been most affected by that

or $100 price cut on a legacy phone is delayed very expensive product. china is a diverse country but if you are talking about lower peoplehones and all the in india, you willo have a lower-priced phone that addresses that market forced carol: up -- market. there are great opportunities with autos, in the living room, additional innovations on the iphone. there's so much opportunity for a company whose customers love the product. we would just like to see them actually delivered. carol: in may just take a little bit of time. fiscal year 17 is our time to return some growth about investors have to be comfortable with a declining revenue and declining earnings business. carol: different metrics then we have seen. walter, thank you so much. a quick check on the markets. about 20 minutes away from the closing bell. we are down across the board. near our lows of the session. down 1.1% on the dow jones full's. nasdaq -- jones. a 1% decline on the s&p 500. falls.ving higher as oil investors looking for those essays haven trade. gold up 1.7%. this is bloomberg markets. carol: this is bloomberg markets. it is time for the bloomberg business flash. we start with the

or making any progress toward an academic degree. >> this is a crazy story. i saw this when i woke up this morning. this is a big one. >> most came from china and india that this could be exploited by any number of people for other reasons beyond economic reason certainly with respect to terrorism. there is a whole category of special-interest aliens who have penetrated the united states over the years and have come with the goal of attacking the united states. there haven't been many congressional hearings about it but it is a persistent problem that needs to be addressed, this is something the obama administration should be looking at rather than feel-good arguments about refugees. my heart breaks, do whatever you can to help them. but we can't be naÏve about the threats presented. >> it is based on a feeling of guilt, we have so much, why not share with everybody? that is not what we are saying. share whatever you want to share. >> they act like bringing refugees into europe is what the refugees want. christian refugees want to stay in syria where their families have been for centuries, their history, christian heritage, that is where they want to

china and from india. and so there was an influx of these individuals to the area. now, granted the people that lived there, you either liked it or you didn't. we had experienced white flight. but the people that came to fremont were telling their people in their native countries, this is a great place to live. and they came and that's how ethnic communities have always started throughout our history. whether it's a chinatown, a koreatown, barreos, what have you. so things have changed. we are now a minority/majority. and it's asian-american. okay? but within that group, there are many different types of asians. it's not just chinese and indo-american. there's vietnamese, cambodian, hmong, pakistani, afghans. there are just so many. what is the beauty of our city, i think, is that diversity that we celebrate. now, we've been a city for 60 years. we've had five council members of color. so i'm the first chinese-american female, and we've had two indo-americans and three other chinese-americans. so is it a reflection of our community? i would hope so. can it get better? absolutely. >> but is it a function in the case that you just

or nuclear weapon. host: what was agreed to all that? of securingis area materials, there has been significant progress since 2010, but much remains to be done. india, pakistan, chinare moving in the opposite direction in terms of creating more material, and terrorist groups remain dedicated to acquire nuclear weapons or materials that can be used for a dirty bomb. it was symbolic, tangibly symbolic, when the isis group in belgium was arrested that it was discovered they were planning an attack on the belgian nuclear facility. that tends to leak between having the world leaders here and having to stay on for an additional time with president obama to discuss the campaign against isis. that was this tangible symbol which is called the nexus between proliferation and terrorism. host: president obama focused on that on his weekly radio address. what to show our viewers what he had to say about securing the world from nuclear terrorism. fortunately because of our efforts so far, terrorists have not been able to produce a nuclear bomb but we know that al qaeda has tried. isis has used chemical weapons in syria and iraq. if they ever got hold of a nuclear weapon or nucle

china and india get a lot of activity. moreh care continues to be global as you think about the customers or the consumers that are going to health care access. a lot of that is going to be in the asian developed markets and we will continue to see activity there in the markets. making sureted in they are well positioned to provide health care industry situations. cory: is the nature of the funding, is the structure of the deals changing in any meaningful way? nirad: there's is a variety of things that are happening. as you see some capital market uncertainty, there is a return to some creative dealmaking. you saw some corporate partnerships start to become more popular. as you look at a private equity investors, straight buyout may have the aware they are spending the majori of the time -- you will see some private investments happening in public equity. you also see distressed debt opportunities emerge in the sector like you see it emerge in many other sectors. carol: just about 30 seconds left. one about the political landscape? we were talking about the new york primary and this seems to be more serge ibaka is at the p

or india, it would it would have mattered far less. the fact that he was murdered by chinese communist imbued with much more meaning because the overseen loss of china was so dismayed and disoriented to americans. china's rejection of capitalism and democracy in favor of marx lennon is a representative profound failure of u.s. leadership, accusations blaming the truman administration ranging from poor judgment to appeasement and even treason. transformed a complex form policy problem into a potent political issue. so the name of john burch is caught up in all of this. robert welch is in belmont massachusetts headquarters, with a portrait of john burch, john burch believed that the story of a welch a missionary, patriotic soldier and of itself is martyr would inspire and instruct americans about conspiracy and communism. instead his memory was misappropriated and synonymous with extreme politics. let me and there and thank you very much for your interest. [applause]. >> now it is time for discussion in question and answers. the hands are going up. let say the rules are to please wait for the microphone to reach you, please identify yourself when you

china teach russia how to live? india -- why not india? why american president or department of state comes to give a lecture? i know it should be done that way, but still -- you have to answer the question of why. what is our interest in russia? what do we want to see? good, so that is -- let's give another question and go back down. >> hello. director oftive wisconsin international ukrainian. i really do appreciate this panel in the perspectives that are being put forth. nikolai, you started off with a really great point about the askory, and i would like to -- in context with that, we -- a formk of culture of binding. whether we call it history or culture, which is built up over hundreds of years, thousands. so maybe the culture has been cultured -- maybe the or the dynamic in russia are unique on to russia, as any culture is unique. so where we are looking at that, how would this and russia, the how wouldrussia -- they address the issues that are important to russia, to be able to succeed successfully, for russia to be a part of the world status, whichrent is not necessarily in the interest of russia and

china, india, bangladesh. there were investments in turkish bonds, not in american infrastructure, not in american jobs and certainly not in consumerism with products that are made in america orbuild and create more jobs made in america. stuart: totally wrong. >> i'm totally wrong. [laughter] stuart: leslie, let's move on to bernie sanders. he's visiting the vatican today. he's commenting on what he calls dirty energy. watch this. >> there is no area where that is clearer than in the area of climate change. the greed of the fossil fuel industry is literally destroying our planet. the scientists are virtually unanimous. climate change is real, and it is caused by human activity. it is already causing devastating problems all over this planet. and whether the fossil fuel industry likes it or not, we have got to transform our energy system away from fossil fuel to energy efficiency and sustainable energy. [laughter] stuart: well, all good stuff. leslie, i'm sure you heard that. do you have any comment? >> well, again, and i find it interesting that he's speaking about climate change when he's going to meet with the pope, because, you know, although the pope may agree with him a