>>reporter: last week we also spoke to jeffrey sachs, director of the earth institute about that growing global problem of food security and rising prices. professor sachs was also director of the un millennium project so when eckart sager sat down with him at the world economic forum on east asia,he took the opportunity to get his take whether the region was attaining the millennium developmentgoals. >>asia's on track for reducing income poverty, in fact it's the champion of getting income poverty down. but when it comes to the health outcomes, to under nutrition, and to sanitation and other aspects of the environment; asia's not fully on track yet. it hasn't turned this wondrous growth machine into the other two bottom lines; the social bottom line and the environmental bottom line. we have to understand that we are in a new world where gnp is not enough. we are in a triple bottom line world where we need income progress, we need social progress, we need health and education and nutrition, and we need environmental sustainability. it's the triple bottom line that we have to judge the p

we talk to director of the earth institute, jeffrey sachs. >>we need a second green revolution; one that is also ecologically green as well as yield green. >>reporter: we look at vietnam's dramatic turnaround to become a vibnt modern economy. >>i think the pace of growth in vietnam is quite good, with almost 7.2 percent of gdp growth for over two decades continuously. >>reporter: hello and welcome. i'm raya abirached a this is world business, your weekly insight into the global business trends shaping our lives. china's central government is desperate to avoid inflation as it seeks to rein-in growth and rebalance the economy. the trouble is, to succeed; it needs the regions on board. and away from the capital, there's still an obsession with huge projects andboosting gdp. >>reporter: pengshui clearly isn't at the forefront of china's economic boom. but like thousands of other backwaters across the country, it has big plans for the next five years as it seeks to boost incomes by at least 14 percent annually. >>the most meaningful economic deci

eckart sager sat down with the director of the earth institute, jeffrey sachs to find out more. >>in general the staple foods; rice included, but also wheat, maize and other grains have seen a very significant increase of price in recent years. basically this is rise in world demand pushing against limited supplies; and there's more pressure like that to come. the world's getting richer in income levels, especially with asia's growth. the world's becoming more populous; reaching 7 billion in2011 and a little more than a decade later we'll reach 8 billion, according to the un medium forecast now it could be more than 10 billion by the end of this century. all of this means this challengeis becoming more and more serious; while there still is some productivity growth, it's much slower than it was in the past. the big gains of the green revolution have already been achieved, the ecological cost of the first green revolution are becoming greater and greater. for instance the drop in water tables in places like northern china and in india where bore wells were used to irrigate greenr

jeffrey sachs still with us." and msnbc contributor, jonathan capehart. that brought washington together. i feel -- i don't want to be polly ann, but i feel like we are on the cusp of an agreement. when the president said what he said and the republicans responding. >> yeah. take a valume. now bill clinton is chiming in because -- >> i'm expecting a double rainbow over the capital. >> it's bad. come on. >> what's happening? >> the bickering. they are bickering about who is where. why not take the weekend together, jonathan capehart. >> maybe they should and stop with the petty fights of where is the president? why isn't he here? he's been around, as he said. we see these fights all the time. you are joking around, you see this really intense bickering before an agreement pops up. this time, it feels different. we are looking at an august 2nd deadline for the nation to default. for the credit of the united states to be called into question. >> ha feels different? >> we are going to see the signs of the market reac

jeffrey sachs and richard haas. is this a cfr meeting? >> on camera. >> awesome. >> michael? >> i vice president paid my dues. >> former governor howard dean. good to have you on board this morning. >> thanks, mika. >> there's so many headlines, news of the world going down and what it means or if it will or if it will be rebranded. one thing we'll be talking about. in yemen, the president was seriously wounded in an explosion. he made an appearance. very awkward looking, very different and what it means. we'll talk about that as well. i want to bring this up because it plays in the budget. sorry, where is my obesity story. >> i had a thing about a 20-pound cat. >> that's stupid. obesity rates rise 90% since 1995. this is incredible. each of these states look at how much is spent on obesity related illnesses. medicare and medicaid spend 20% of their budget to treat illnesses and these numbers are staggering. it plays into the debate we are having in washington. >> this september in new york, for the first time ever, governments are going to gather to talk about noncommune cal

don't think whether your president's name is obama or bush, goldman sachs has a resoling door to the white house. the head of g.e., jeffrey immelt, is one of president obama's good friends. look, both parties tend to worship at the altar of big business. that's who they tend to listen to, not just republicans. there's almost a populist element going on in the country right anyway in that we bailed out the big banks, big questions don't pay taxes. the small guy and gal in this country has been hammered, and they're not getting bailed out. that's not a partisan issue. that's calvin, respectfully, what a lot of us ran on six or eight months ago. we need to provide relief to the small business man and woman. host: we have about four minutes left with congressman walsh. our program is short today, only till 9:00 a.m. eastern time because the house is coming in session, but our producer has just told us the house will come in at 9:00, and immediately recess until they figure out what their plan of action is for today. so lots of uncertainty. if your body cannot pass a piece of legislation and, in fact, harry reid has become --