who is the executive director of the international energy agency. as far as i know the e.u. foreign ministers have agreed on an oil embargo against iran which consequences may such a measure have on the oil market. but of course we have to to wait and see what happens when the sanctions will be in full swing and of course one of the interesting things is what's countries like china. korea japan are going to do they really go into tuesday to bring the their impulse from around from around down that's what they promised to do and the self important thing is who is going to get away from the united states because they are in this as well but if given these assumptions then we consider it likely that about a million barrels a day of iranian crude would have to look for other buyers. answering one of my previous questions you mentioned that the use reserves in the european countries and especially in the in the united states are full that they are full that they have ever been which which makes me smile because something being full of info is fun but. how provocative the tomato m

executive director of the international energy agency who's joining us live from st peters. who is a dutch politician from the conservative christian democratic party. at the beginning of the ninety's as you know. during the last decade she served as the minister of education culture and science and most recently the minister of economic affairs in that position. this wonder who even has worked a lot with the energy sector in september of last year she was elected executive director of the international and that's. how mrs won the moon and thank you for being with us welcome to the show. and well first of all i wanted to ask you about what's happening today on the forum as we know president putin chose to address the leaders of the energy industry at the st petersburg forum you were also present at the session so what impression did putin speech have on the international audience. well i can only give you my own ideas on that of course and. i think what's what president putin said was very importantly as we all know it's important that some reforms are going to be done in th

so i was struck when i saw the international energy agency's 2012 report. is the question mark. instead, it simply says "golden rules for a golden age of gas." and the starting point of that golden age is right here in america. it's become increasingly clear that the shale gas revolution here is a game-changer, not just for the energy industry, not just for the united states, but for global geopolitics. the technology behind shale gas production, where shale rock is blasted with a mixture of water, sand and chemicals, is only two decades old. the process is called fracking. and in a short time, its success has led to the drilling of 20,000 wells in america, the creation of hundreds of thousands of jobs and a guaranteed supply of gas for perhaps 100 years. the international energy agency says global gas production will rise 50% by the year 2035. two-thirds of that growth will come from unconventional sources like shale, a market that the united states completely dominates. we have become the world's lowest cost producer of natural gas at a cost of $2 per 1,0

japan time here on "newsline." >>> delegates from the international atomic energy agency will restart talks on friday with negotiators from iran. the head of the nuclear watchdog says he hopes to restart an investigation of the country's suspected weapons program. >> japanese officials are wanting to keep their toes in the water. they met on the sidelines in russia. kirk reiterated that further liberalization of three markets is a prerequisite for japan's joining the negotiations. >> the u.s. requests come from various sectors but japan and the u.s. have agreed to continue talks based on much y'all consideration. >> japanese leaders are still divided about joining talks on the agreement. japan's newing a cultture minister says that the government needs to provide the government with more detailed explanations before deciding to take part in the negotiations. >> translator: sufficient information has not been disclosed. >> rr will ramp up production where markets are rapidly expanding. >> the japanese automaker is building the plant in a suburb. with an annual capacity. their aim to tr

. >>> delegates from the international atomic energy agency will resume talks friday with representatives of iran. the head of the nuclear watchdog says he hopes to restart an investigation of the country's suspected weapons program. iaea director general yukiya amano spoke monday at the agency's board meeting in vienna. >> i wish to inform the board that a meeting between iran and the agency has been scheduled for june 8th in vienna. i invite iran to sign and implement it as soon as possible and provide early access to the site. >> the iaea suspects iran has been developing nuclear weapons at the parchin military complex. the country's leaders have refused to allow iaea inspectors access to the site. >>> north korea's military is threatening to attack several south korean media outlets for criticizing the north's leadership under kim jong un. the military issued what it calls an open notice through the state run media on monday in connection with media coverage after an ongoing event in pyongyang. the notice says the south korean media portrayed the event involving 20,000 children as a s

this is the eea, the international energy agency released the latest oil outlook. i'm missing you a lot there, but what did the iea say? >> i miss you, too but it's not often you get to hang out in a palace. they say the springtime slump for oil accelerated. futures down 20%, as we know, prices down sharply in may. they see demand for oil growing by 820,000 barrels a year. as we know, forecast range from anything from the high to much lower end of that here at opec. they say there's too much uncertainty to lower that demand forecast yet despite clear downside risks to the outlook. let's talk about supply. they see supply up 200,000 barrels a day. it's north america boosting supply. it's non-opec supply that increased by 700,000 barrels last month. oil inventories rose again. we'll watch and see what this impact has on crude. >> they looking after you all right there? >> oh, yeah. it's wonderful. i'll be back with you in a couple minutes because we have cambridge energy research associates sitting here to tell us what to expect from thursday's meeting. it's fascinat

the international energy agency says that trillions of dollars are going to be invested in new energy infrastructure over the next 20 years. our economic growth and our national security will be determined by whether we succeed in building these new clean energy industries for the future. yet house republicans wanted to defund investment in wind, solar and other forms of clean energy. their budget protects the billions of dollars in subsidies that the oil industry receives, a well established, very profitable industry, which will crush competition if the government doesn't stand up to allow these new enterprises to take their place. the house republican position is based on science denial. if you deny the existence of climate, an overwhelming republican majority denies that science, the need for clean energy may not be apparent. but if you live in reality, you know the world cannot continue its dependence on fossil fuels. you know without government involvement we're in danger of losing the booming clean energy industry and millions of jobs to competitors such a china and germany. we

something that concerns us all will be speaking about the with the executive director of the international energy agency shortly here on our team before that i'll be back with a quick look at the headlines a stay with us. living in the seventeenth century. strict. they're committed to. the clearly distinguish between their. going their families and things. there hasn't been anything good on t.v. . it is to get the maximum political impact. before the source material is what helps keep journalism honest we want. we want to present. something else.

are as good and so the oils are suing using days a loss is really in this session now the international energy agency says global markets are better supplied this year we've also got u.s. stockpiles as well they're saying that they're actually going to be going down apparently that's what the latest reports are telling me a mixed picture on your screen it just said if you look at the prices they are indeed light or let's move all this talk about the world bank as we were saying haven't yet they are warning the developed nations that they ship bracing themselves for weak growth and tougher times. call says a developing economy will grow five point three percent this year that's almost one percent less than twenty eleven policymakers take measures to ensure they can sustain growth amid the escalation of the debt crisis in the year i say yet is good news for russia because they're on the front line of the crisis five says is improve the outlook for the country's economy expecting g.v. pay to increase by almost four percent this year while trying to expect the great to be mostly supported by stronger pro

but that's just the start of the international energy agency is warning that have carbon emissions continuing creasing at their current rate and global temperatures will increase by six degrees celsius by twenty one hundred killing off most of the large animals on the planet and those threatening the survival of that species at the top of the food chain ice so just how troubling is this news and what needs to be done about it miles gratis here is a reporter a blogger with the national wildlife federation miles welcome tom thanks for having me great to have you here with us a lot of studies talk about climate change eighty years one hundred years out twenty one hundred i just mentioned this is happening right now yeah i don't know if you've seen the wildfires out west but it's not being talked about in the mainstream media but the intensity and the frequency of those wildfires can be directly tied to climate change and another major storm of the mile wide tornadoes we saw last year was it was spring one hundred year floods becoming ten year floods and you know i think when you look across the

>> maria, the international energy agency are saying we're running out of oil. a lot of sheal oil, but everyone else has declining reserves. i don't like saying it, but unless someone finds a lot quickly we'll have higher prices. >> what about natural gas then? we have a oversupply now, but if we find ways to convert to natural gas and use that instead here in the united states especially, what would that do? >> the bull market and commodities will come to an end some day, what you just said may be the solution, but some day is still a long way away. >> my question really implies would you invest in natural gas right now at these low levels anticipating a higher price. >> if i had to buy energy today it would be natural gas. >> are there any stocks you would buy today? >> not that i can think of. i know it's cnbc. for the most part i'm short stocks. >> what would it take to change that position? >> if stocks collapsed around the world i would buy a lot of stocks again. but i don't see that happening. i told you the economy will be bad next year. why buy stocks i

they are taking part in a program run by the international atomic energy agency. the young professionals will learn about nuclear power and they'll also study the accident at the fukushima daiichi plant. the engineers have gathered in the village of tokai north of tokyo. the iaea program is aimed at producing capable managers in the field of atomic energy. many of those taking part in the nuclear management energy school are from asia and africa. the program will last three weeks. participants will look at the latest developments in nuclear power generation. they will be able to compare notes on the use of this energy source around the world. >> i want to understand about nuclear sector from starting point to the end point. why the world needs nuclear energy. >> participants will visit fukushima prefecture to learn about the accident at the daiichi plant. they'll also be able to see decontamination work firsthand. >>> rainy season has started earlier than usual in thailand this year. it claimed lives affecting economies throughout asia. now the country is bracing

the international energy agency says a surge in supplies will see the u.s.ia as the world's biggest nat gas producer by 2017. that's despite the low prices, which, of course, have slowed the pace of drilling. the iea says gas could displace coal as the leading fuel source for the u.s. power industry in as little as five year. global demand will rise. china is expected to lead that demand. the ceo of the world's biggest energy company says nat gas isn't worth investing in. exxon mobil's rex tillerson on cnbc earlier this morning making his case. >> if you look at the cost of developing incremental supplies of natural gas in the u.s., it's pretty difficult to justify investments with prices this low. in terms of being sufficient to support long-term investment in new and ongoing supplies, that'll be difficult at this price. >> well, let's check how the big nat gas players are doing this year. apache and chesapeake down the most by more than 20%. that's followed closely by bp, exxon and devon energy. should you put your money in that? ty? >> dan fitzpatrick, is

they're taking part in a program run by the international atomic energy agency. the young professionals will learn about nuclear power and will also study the accident at the fukushima daiichi plant. the engineers have gathered in the village of tokai north of tokyo. the iaea program is aimed at creating capable managers in the field of atomic energy. many of those taking part in the nuclear energy management school are from asia and africa. the program will last three weeks. participants will look at the latest developments in nuclear power generation. they'll be able to compare notes on the use of this energy source around the world. >> i want to understand about nuclear sector from starting point to the end point. why the world needs nuclear energy. >> participants will visit fukushima prefecture to learn about the accident at the daiichi plant. they'll also be able to see decontamination work firsthand. >>> people in japan's northeast are focused on overcoming the challenges of the 2011 disaster. but it won't be easy. they have to rebuild homes, businesses, e

the head of the international atomic energy agency went to tehran to discuss the framework to discuss iranian activities. displayed existing sanctions beginning a sanction in all foreign banks the process iranian oil, and europeans ban imports of iranian will starting july 1st and a centrifuge keeps spinning and suspicion about possible military -- of iran's nuclear program lingers. as with iranian palestinian dispute is it easy to sketch out the shape of a realistic solution than to figure out exactly how to get there. to help us sort out this more difficult task we asked a panel of three experts. highlights have been provided in writing but let me introduce each tea with a few words. ambassador thomas pickering has been in more embassies than most people work in their entire career. he lead the u.s. mission to the united nations and served as undersecretary of state and been very active in discussions on iranian nuclear issues. ambassador hossein mousavian was ambassador to germany for seven use as head of the foreign relations committee of iran's national security council and spoke

the international atomic energy agency held a second day of talks on iran's nuclear program in vienna on wednesday. the u.n. nuclear watchdog said satellite images indicate that iran is removing soil from the military facility. israel claims that this is firm evidence of iran's attempt to cover up its secret military program. iran's chief nuclear envoy denounced western countries for making allegations based on information that he says was forged by the united states and other countries. >> unfortunately agencies which is supposed to be international technical organization is somehow playing the role of an intelligence agency. >> he also said that iran has no intention of halting its nuclear program. >> we are determined to continue our nuclear activities without any interruption, include iing be realistic. iran will never, ever suspend its enrichment activities. >> iran and the iaea are expected to resume talks on friday. >>> israel's defense minister has hinted at something for the first time. ehud barak said israeli officials have carried out cyberattacks. barak made the remarks in

. >>> delegates from the international atomic energy agency will resume talks friday with representatives of iran. the head of the nuclear watchdog says he hopes to restart an investigation of the country's suspected weapons program. aiea director general yukio amano spoke at the agency's board meeting in vienna. >> i wish to inform the board that a meeting between iran and the agency has been scheduled for june 8th in vienna. i invite iran to sign and implement the document as soon as possible and to provide early access to the site. >> the iaea suspects iran has been developing nuclear weapons at the military complex. the country's leaders have refused to allow iaea inspectors access to the site. north korea's military is threatening to attack several south korean media outlets for criticizing the north's leadership under kim jong-un. the military issued what it calls an open notice through the state-run media on monday in connection with media coverage of an ongoing event in pyongyang. the notice says the south korean media portrayed the event involving 20,000 children as a staged atte

the commitment set out in the 2010 action plan, stressed the need to strengthen the international atomic energy agency safeguards, and worked in pursuit of their shared goal of disarmament under article 6 of the mpt. following up on the 2009 london conference and the 2011 paris conference, the united states is hosting the next p-5 conference here in washington june 27th to june 29th. the united states looks forward to having further in-depth discussions, candid discussions. these have been very useful discussions, i must say, on a variety of issues with our p-5 counterparts during the conference. we also look forward to hosting a public event. this will be on june 27th for those of you who are interested. it is titled three pillars for peace and security implementing the mpt. it will focus on the reinforcing nature of the three pillars and examine how all three are essential to create the conditions for the elimination of nuclear weapons. now, finally, let me turn to some of the work we've been doing inside my own bureau, the bureau of arms control verification and compliance. you may know i'm jugglin

embargo from the first of july that's as iran says it will fully cooperate with the international atomic energy agency only though if all sanctions placed on the country are lifted tehran's chief negotiator has offered the deal to the group of six world powers during their two day talks right here in moscow all in a bid to bring more transparency but he also stressed at tehran is not going to give up the enrichment of uranium to twenty percent something the world powers don't want to agree to now hopes are high for a technical meeting of nuclear experts that shut you all for the third of july in istanbul and the political crisis between iran and the international powers has certainly been the subject of heated debate in today's edition of cross talk. policymakers who said going to go clearly they've been affected you suggest that the sanctions are affecting the policy that's what i'm saying i was. going to be honest i know but i think germany is you know we did use will sanction . for its regime change there i mean that's the difference of opinion here and it probably won't happen ok so nations alone

iran's nuclear program is under the watch of the international atomic energy agency if everything we do is done according to the nuclear nonproliferation treaty at every single one of our locations in carrying out nuclear work there are i.e. a camera all of our nuclear activities peaceful all of it is done and if. you know a rules and the nuclear nonproliferation treaty limitation and yet still some people and nations find it in themselves to denounce our work and attack us and it's not only cyber attacks our scientists are the targets for terrorists that the question is how can they let themselves carry out any outs of sabotage the issues against a country with only a lawful and peaceful nuclear program it is also interesting that they don't secretly openly announce that this is their work and home of. now a possible strike against iran is taking closer united states and israel still considering it as an option but it is a sound at least experts rewrapping explains why israel's threats are driving force behind ever toughening international sanctions on iran. i think therefore the is

iran will fully cooperate with the international atomic energy agency if all sanctions placed on the country are lifted to iran's chief negotiator has offered the deal to the group of six world powers during their two day talks in moscow trying to bridge the gap between the sides has more from that meeting. the e.u. foreign policy chief catherine ashton said that they have made some serious progress on certain issues but warns of that significant gaps remain in the two sides positions the next round of talks essentially is going to be a technical level meeting of nuclear experts that has been scheduled for july third in istanbul the arabian chief negotiator saeed jalili had a welcome to the top of the level talks saying this is something that the iranians have been asking for all along he reiterated the arena and position that the right to enrich uranium is in the in the helium old mode right of the arabian people but he had also hoped expressed some us some hope that sanctions against iran would be lifted of course there has not been any agreement on that we have to keep in mind tha

s iaea, the international atomic energy agency, in vienna. that was just an hour or two ago. western powers and israel is suspected of trying to develop a bomb under the veil of its civilian nuclear program. that it is a charge flatly denied by iran. it says it's developing civilian atomic power. thousands of police officers have been mobilized in japan to hunt for the last person still at large from a doomsday cult which killed 12 people in a nerve gas attack in a tokyo underground. the suspect has been on the run since the sarin gas attack by the cult in 1995. authorities in mexico found 14 dismembered bodies in a park outside the mayor's park in the northeast of the country. reports say that gang-related messages were found on the blankets, which were covering the bodies of 11 men and three women. business time, aaron's here. just as we're getting hints, suggestions that spain is ready to form the statement which says we need some help -- >> yes, yes. >> for capitalizing our banks. all of it rumor, isn't it? >> it is at the moment. let's cast our minds back to before portu

meanwhile, the head of the international atomic energy agency a, yukia amano went to iran for addressing specific concerns about past iranian activities. by the end of june, the united states is scheduled to tighten existing sanctions by beginning to sanction all foreign banks that process iranian oil transactions through iran's a central bank. the europeans are scheduled to ban all imports of iranian oil starting july 1st. and the centrifuge just keeps spinning, and suspicions about possible military dimensions of iran's nuclear program linger. as with the israeli/palestinian dispute, it's easier to sketch out the shape of a realistic ultimate solution than it is to figure out exactly how we get there. so to help us sort out this most difficult task, we have a panel of three eminent experts. by graphic highlights have been provided to you in writing. but let me introduce each to you with just a few words. ambassador thomas pickering has headed more u.s. embassies than many diplomats ever have a chance to work on in their entire career. he has led the u.s. mission to the united nations a

peniche reporting there iran says it will fully cooperate with the international atomic energy agency false sanctions placed on the country are lifted to iran's chief negotiator has offered the deal to the group of six world powers during their today talks in moscow in a bid to bring more transparency but he also stressed that you or anyone richmond is a natural right of the ukrainian people and they are not going to give it up both sides are hoping to build on there a negotiation progress during a tangled meeting of nuclear experts scheduled on the third of july in istanbul and the political crisis between iran and the international powers has been just subject of intense debate and today's cross-talk policy makers have sent a negotiator clearly they've been affected you suggested the sanctions on fixing the problem that's what i'm saying. you know you're. going to be i mean i know what i think germany is you know what to do. for us regime change there i mean that's the difference of opinion here and it probably won't happen ok so nations alone won't do that well i'm not sure about t

we speak to the executive director of the iea, the international atomic energy agency live in the next hour. >> just glancing at the uk retail sales. they are hitting our wires. uk sales plus 1.4% on the month. plus 2.4% on the year. this is quite a bit better than expected as also seen there in the sterling spike higher. we've seen sterling trading lower ahead of these retail sales figures. 1.7% on the year. again we got 2.4%. lot stronger than anticipated. they say the may tore price inflation has slowed to .9% on the year and that's the lowest inflation reading we've had since october of 2009. >> volume is increase. not boosted by the price of things, people are buying more. in any case, i want to mention too with regards to the mortgage market some strength there in the uk as well. gross lending was 12.2 billion pounds. again for may. that was again compared with a reading of 9.3 million bonds. >> given mortgages in the uk are pushing higher. the uk consumer hasn't got a break on the mortgage side of things. >> exactly. our guest roman scott makes of this batch of data. some streng

according to the international energy agency, over 80 nations have clean energy policies, and it is acompetitive world out there with countries such as china, germany, italy and many others vying for leadership in the clean energy race. the good news is that the investments that we began under the recovery act are already making returns not only keeping america competitive, but also creating opportunities for new industries and jobs for american workers. for instance, this is a large number, but the recovery act has already underwritten on the order of 20,000 projects including the world's largest photovoltaic farm, one of the world's largest wind farms and many other projects beside. i saw that my friend and colleague eric was here just a few minutes ago. i think one of the real legacies of this administration is going to be the advanced research projects agency for energy which has already done an incredible job of seeking transformational and breakthrough technologies in a wide area of areas, biofuel, efficiency, critical materials and more. i think what's very important to remembe

the international energy agency says trillions of dollars will be invested in new energy infrastructure over the next 20 years. our economic growth and our national security will be determined on whether we succeed in building these new clean energy industries for the future. house republicans want to be fund investments in the wind, solar, and other forms of clean energy. there budget attacks billions of dollars in subsidies that the oil industry receives, a well established very profitable industry that will crush competition if the government does not stand up to allow new enterprises to take their place. the house republican position is based on science the nile. if you deny the existence of climate change, an overwhelming republican majorities the -- denies it, the urge for clean energy may not be apparent. if you live in reality you know the world cannot continue its dependence on fossil fuels. you know without government involvement we are in danger of losing the booming clean energy industry and millions of jobs to competitors such as china and germany. we can grow a stronger an

the head of the international atomic energy agency has publicly accused iran for the first time of seeking to hide evidence of the 2003 nuclear weapons test. the iaea director says iran may have tried to clean up the military complex ahead of a potential visit by international monitors. the u.s. ambassador to the iaea called for immediate inspections. >> it is clear from some of the images that were presented to us that further sanitation efforts are ongoing at the side. there are a number of countries in that meeting that asked serious questions reflecting the concern about parching. what we all believe needs to happen is for iran to open up the facility to the iaea and to do it now. >> new details have emerged on the u.s. rejection of the 2005 iranian offer to resolve the nuclear standoff. a journalist reports the bush administration blocked france and germany from negotiating with iran over tehran's willingness to convert enriched uranium to fuel rods. a former negotiator said european negotiators told him -- there were ready to compromise, but the united states was the obstacle. americ

the international energy agency says trillions of dollars will be invested in new energy infrastructure over the next 20 years. our economic growth and our national security will be determined on whether we succeed in building these new clean energy industries for the future. house republicans want to be fund investments in the wind, solar, and other forms of clean energy. there budget attacks billions of dollars in subsidies that the oil industry receives, a well established very profitable industry that will crush competition if the government does not stand up to allow new enterprises to take their place. the house republican position is based on science the nile. if you deny the existence of climate change, an overwhelming republican majorities the -- denies it, the urge for clean energy may not be apparent. if you live in reality you know the world cannot continue its dependence on fossil fuels. you know without government involvement we are in danger of losing the booming clean energy industry and millions of jobs to competitors such as china and germany. we can grow a stronger an

and the international energy agency warning that oil prices near $100 a barrel, yeah, that's still a threat to a slowing global economy. the iea saying the word is likely to consume less fuel than the agency had last forecast. >> starbucks is buying a san francisco bakery chain. the 100 million dollar cash deal the biggest move yet. howard schultz calls the dig a significant opportunity and catalyst. he says the artie son bakery goods will attract more kus and bol ser both food and bench sales. >> they just bought that energy drink company. >> this is a french bakery. it's not like a paris baked bakery, but -- >> will they bring the products into star buck everywhere or will they expand the bakery chain? >> my understanding is both. do you know the drink company? >> yeah, but i don't remember the name. >> you're a dunkin man now. >> did you get a new one in town? >> no, they're all in the same place. should have switched years ago. analysts suggested the deal should put starbucks -- i want to work -- >> you want to hang with the 99%. >> hang with the working man. it will put star buc

according to the international energy agency, over 80 nations have clean energy policies and it is a competitive world out there with countries such as china, germany, italy, and many others. the good news is that the investments that we began under the recovery act are already making returns, not only keeping america competitive, but also creating opportunities for new industries and jobs for american workers. for instance, the recovery act -- 20,000 projects under written including the world's largest photovoltaic farm, one of the world's largest wind farms, and many other projects. my colleague was just here a few minutes ago. one of the real legacies of this administration is a project that has already done an incredible job of seeking to break to technologies in a wide area of biofuels, critical materials, and more. what is very important to remember is that it is a seedbed of technology investments but it also invests private capital. we are trying to coax capital in off the sidelines. the 11 projects last year funded to the tune of about $40 million of secured $200 million in

according to a report from the international energy agency, u.s. carbon emissions are down more than any country. in fact, since 2006 u.s. emissions have fallen 7.7% with the increased use of shell gas as a key factor in the drop according to the agency's chief economist. this leads to a conclusion that many might find paradoxcal. if global warm something a problem, we need to address, then we should welcome the increased production and use of natural gas as a prime energy source. i yield back. the speaker pro tempore: for what purpose does the gentleman from california seek recognition? >> ask unanimous consent to address the house for one minute. the speaker pro tempore: without objection, the gentleman is recognized. mr. baca: madam speaker, in these tough times we should make every effort to increase access to higher education for all americans. making college more affordable doesn't just help students, it strengthens our economy. unfortunately if congress does not act soon, interest rates on student loans will double over seven million student

could be carried out are put forth by former directors of the international -- the international atomic energy agencythers have come up with a reason proposal of verification which is very explicit on how you can take this step and actually verify the question of military and civilian use. and so, there are technical proposals i think is a political problem. >> thank you very much. please join me in thanking our speakers. [applause] >> up next, senators lisa murkowski talks about her support for federal energy programs, including the loan guarantee program. the senate is in at 9:30 a.m. eastern and will continue work on the five year farm bill. live senate coverage on c-span2. >> today, the senate banking committee will hold a hearing on the implementation of the dodd-frank financial regulatory law. we will hear from head of the consumer financial protection bureau, richard cordray. live coverage at 10 a.m. eastern on c-span3. on thursday, federal reserve chairman ben bernanke will talk about the u.s. economic outlook. .. in the 21st century it's unquestionable that how we manage our energy resources

in terms of deception the iranians every time the iaea, the international atomic energy agency sent inspectors they would do thins like remove the tiles in rooms where work had been done so you couldn't do swipes and catch them in radioactive operations. or digging out whole areas of a particular plant where they had weaponization work. they have been involved in hiding their work and deceiving the west, and frankly i've been concerned that if the iranians sign an agreement on a monday by thursday they are going to try and figure out how to get out of it. the fact that you haven't reached an agreement with them is not surprising. shannon: the talks with iran have continued through various administrations. is it time for this administration to admit it's not working, and move onto another phase? >> i think that seems to be the case from what, you know, the spokesman of the talks are saying. you simply have grabs. what the iranians want the united states to do is recognize their right to enrich uranium. that right is not in the nuclear nonproliferation treaty. they don't have to enrich uranium i

the international atomic energy agency suspects iran of conducting tests to develop knew leer weapons. the iaea is pressing for immediate access to the site, but iran has refused. jurors will hear closing arguments in the jerry sandusky trial tomorrow morning. the defense rested without calling sandusky to the stand, but jurors did hear from 29 defense witnesses in just over two days. the former defensive coordinator for penn state is accused of molesting ten boys over a 15-year period. he denies the charges. uganda is stepping up its battle against ho mo sexuality. the minister says the agencies are promoting gay rights and recruiting children. homosexuality is illegal in uganda and legislation is pending to create harsh penalties. closer to home, look at this street in duluth, minnesota. it looks more like a river with flood waters rushing past. police say as many as 50 homes had to be evacuated. the mayor declared a state of emergency as the city copes with another round of rain in the forecast. >> mary, thanks very much. older white men may be in mitt romney's corner, but that's n