now, -- coliniization of latin america. now, what about the future between latin america and china?there is one key question to answer here and, what's going to happen with the demand for commodities from china? and in answering that question we have to consider two elements. one is the income elastiesity for commodities. how much demand is generated by each additional unit of output in china? and the second question is, the overall growth rate of china in the future. in terms of the income elastiesity or the intensity in the use of commodities, history provides some lessons. countries that have gone through similar phases of development have experienced declines in terms of the intensity and the use of commodities. and these changes are from commodity to commodity. for example, one key element of the demand for commodities from china is associated with the rates of urbanization. and these, of course, is related to the migration from the rural sector to the fast-growing cities of china. based on historical evidence, one can argue that once china reaches per capita income of around $

and you now do latin jazz big band. explain, kind of, what it is to have all of these different instruments coming in at the same time, different rhythms, too. >> right, right. well, the reason the music is so exciting in and of itself is because of this rhythmic heritage that we inherited from west and central africa. and at the crux of it, at the core of it, is a rhythm that we call clave, which is the keystone of the music. and i could... discussing clave, i could be here for hours discussing it. but it's very, very simple in its essence. it's almost like the simple equation that einstein used, e equals... >> hinojosa: who, by the way, is one of your heroes. >> yeah, yeah. e equals mc squared. in this simple equation he explains how energy and mass, et cetera, and all that is all interrelated. well, it's the same thing with clave. it's five attacks. and from this (plays 3-2 clave pattern) we get all of the rhythms that we utilize today in afro cuban music, in funk, in rock and... >> hinojosa: one-two-three, two-three

there are several latin americas. small countries and big countries. it is good to be clear that india is not a development that all. you look and see there's a lot of hype, important source of foreign exchange for india or 40%, if you try to look at the gdp, india's growth and the contribution is pretty small so it is hard to label the type of development in the ahead. you will see agriculture and a huge contribution and they have very repressed economy benefiting from the reformers of latin america in the 60s and 70s. i am not sure you can see much in india in the sense of a model for latin america. for the smaller countries of chili or bolivia or central america, israel could be a good example. for the bigger countries there is an issue of where are you going to find employment that people need? we are going to have to find other options, reducing from services, particularly by reducing taxation, encourage those factors and use all of those for social programs that are already in place. we have to be creative. it would be wonderful if we could have

i think he is understanding the garment effect that is coming this way of where i'm speaking from latin america from argentina so we think that the next stage will very likely affect well the rest of africa in the first instance and then latin america and as i say venezuela is a prime target in this sense and he's understanding that he has to defend his assets that instead of pulling them in britain the u.k. and europe and swiss slips of them he's looking towards more friendly allies such as placing these at financial assets in russia in brazil or in china he said that this is a an analysis in latin america and other countries are concerned do you think other latin american countries are going to follow suit and repatriate gold pull their assets back home pull them into other countries. things would have to get worse before that happens maybe some of the smaller countries who work which are aligned with venezuela such as ecuador or bolivia might follow suit however the major countries notably brazil mexico argentina will not do so i don't think any time in the near future so in a way re

i mean there are several latin americas. it's very hard to generalize. i mean small countries, big countries. but it's good to be clear that india is not a service-led development at all. i mean you just have to look at the figures and see that it's a lot of hype. it's an important source of foreign exchange for india. almost 40% of total exports. but if you look at the g.d.p. in india's growth the last 20 years, the contribution is pretty small. so it's hard to generalize or to label the type of development india had, and it's a mixture. you're going to see agriculture make a huge contribution, manufacturing making a huge contribution. the fact of the fat -- matter is they had a very repressed economy, so in a sense they're benefiting from the sort of reforms latin america did in the 1960's and 1970's so i'm not sure you can see much in india in the seps that it would be a model for the large countries in latin america. but for the smaller countries, think of chile, bolivia, the central americans, i think services is an option, and israel could be clear

in latin america let me say first the main factor that we forget for the transformation of latin america up is democracy came to let america big-time. you have in latin america a strong democratic continent where the framers of democracy for more equality and distribution came about because we think about the voice of the people was heard much more for education and health improvement and policy intervention that makes the economy grow so when you look at what has been done in latin america and not only about economic growth but the decline of inequality the conclusion is inequality was not a natural thing but because of the intervention of the states with public policy for that to happen. so my first point is a democracy is a big part of latin america. not a small part. the expansion of education is the second major factor. the third factor is we have seen macroeconomics sound and financial policies from our crisis in the 80s. more growth was introduced of two types. on the one hand the transfer of resources to support by the sectors -- cash transfers well-designed in a way people i lat

those ladies had such a festive latin idea of faith. i remember the lighting of candles that was so meaningful to them at saint stephen's church where i was actually baptized. and then later i went to high school, you can graduate from jazz with high school and leave the catholic church. [laughter] i am kidding, but i see mike valentino smiling. you know we were taught that faith and reason need not collide and i guess if any single, if any -- i guess if there were two writers who really sort of influence my idea of faith, one would be shared and who was a true evolutionary philosopher and the other was dante because i read the divine comedy enough times now with enough interpretations to realize that he was writing about the corruption of the church. he stepped up open the inferno. so, i am not a poet, but i do have a tradition that i can say i am following. it may be a little grand. but, the other reason i guess is more deeply personal. but i have spoken about it before. i have a little girl, my younger daughter, who had down syndrome

sorry. >> rose: latin america istrendi? >> it's doing very well.etter than ever. it's a democratic region. it's a region where the middle class is growing in mexico, brazil, chile, colombia -- >> rose: it's got a youngpopula. >> with a few exceptions, but brazil, a young population. mexico a young population. it's thriving. middle-class is growing. human rights are respected more than ever. the economies are growing. there's some discussion about whether it's a great idea to have an economy booming just because the chinese and the numbered have an insatiable appetite for national resources and raw materials. >> rose: for the obvious reasonf your raw materials or something else? >> there's nothing with getting riof them as long as the other guys keep buying them. >> rose: they might stop buyingd therefore you -- one of your sources of revenue is suddenly dried up. >> you can do that, when you're in, let's say, australia or new zealand. when you have 190 million people like brazil, maybe it's not a good idea, because it's not clear at you can have al

with latin jazz. sly and the family stone. power tower--of power. >> we want to switch gears and talk about the reshaping of the library. we have this amazing chula library. >> opened in 1976 and i have an amazing staff with 27 at neighborhood branches. we're going through a renaissance and improving 24 of our branch libraries. a tremendous resurgence. this is just one aspect. these are modern, have, innovative and this exhibit is a wonderful example. >> and havhelp hip >> san franciscans were love their libraries and it is a great opportunity to be able to work with the residence. >> the left 10 music festival starts august 27th until november 13th. the latin music festival at the library. >> terrific. thank you. we will be right back. half fifth >> welcome back if. >> this is a huge surprise. knowing shane and photography and photo journalist and lead him to the border it is difficult to believe that a country would not have a sense that it was a tragic mistake that was made. again since i personally know him it is difficult

i had help translating documents from the latin, highallian, and -- italian, and spanish, although i did a fairly good job with the spanish. when i was a student in high school in the 1960s here in new orleans, and i see a couple of my old classmates here, we were taught that faith and reason need not collide, that you can be a catholic and have a solid spiritual life and there's no reason to fear that the church will do the wrong thing because as the wheel of history turns. the church does catch up to the changes in society, certainly with respect to science. this has been the history of catholic prison. i hesitate to make a sweeps pronouncement of any kind, but this is third book i've done on the church, and sadly, i think it's an era of profound di sin gracious internally because of the failure of leadership. this is really is story about the power structure, and i follow a constellation of people in different parts of the country who are clam moriing, if you will, for their own rights as per rigs nears, and as the bishops have begun to close churches, these churches become forms

mexico, unlike the other latin american countries a that collaborated we the u.s. state department, refused to give the united states any of its nationals for confinement. for intern. mexico had the same fears of ethnic japanese, and so even before mexico declared war on japanese, they declared a ford -- forbidden zone, 200 miles away away from the american border and 100 miles inland so all result office japanese ancestry were forced to move themselves. mexico did not set up for camps, except for one type of internment camp that it arrested some people that it suspected of criminal activity. by and large, japanese mexicans were forced to move themselves. they went largely to guadalajara or to mexico city, where there was already a japanese community. in fact quite a notable one. and the -- so they escaped mass confinement. on the other hand, they were impoverished and their belongings were taken from them exempt for those who has mexican wifes to take care of their property and were forced to rely on the good will of the japanese community in mexico city. >> i'd l

whereas 33 years ago a group of local musicians, artists and residents eager to bring the spirit of latin america and caribbean culture to san francisco, created carnaval. and ever since this celebration has been one of our city's most spectacular traditions. and whereas the san francisco carnaval is produced by the san francisco cultural arts tradition, a nonprofit that strives to make multiculturalism a -- tangible reality by uniting people in celebration with music, dance, artistry and food and these endeavors continue to be a significant contribution to the vitality of our communities. whereas the theme of this year's san francisco carnaval, live your fantasy, i think that's what i'm doing, celebrates the magic of life in the san francisco bay area and our city's legacy of acceptance, tolerance and equality for all people. and whereas california's largest annual multicultural celebration, the san francisco carnaval, will take place in the historic mission district for its 33rd year to showcase the very best of latin america and the caribbean cultures and traditions. now therefore be i

made sandino a symbol of resistance in latin america. sandino was assassinated in 1934 by general anastasio somoza garcia, who's family went on to rule nicaragua for another 40 years. his son's government was later overthrown by a revolution that took on sandino's name. >> ( translated ): well, i was about six years old when sandino was murdered by somoza, seven years old. but later-- and once dead-- a movement in favor of sandino began. as a young man, i participated in the resurrection of the figure of sandino that was taking place in nicaragua, and later appeared a political movement-- the sandinist-- which was a guerrilla in the mountain with the emblem of sandino, with sandino's flag. i also participated in that sandinist revolution of the '80s and in its government. but now, i am in the sandinist opposition of the present government, who calls itself sandinista, but which is not. it is the betrayal of the sandinist movement. >> suarez: after you left the government, and after you parted ways with the party, were your powers as a pr

bolero with the latin sound. the second was chico, we like always to put these little names to people. my name is carlotta but my real name was charlotte and they called me carlotica, little charlotte. he moved to new york city in 1948, where benny goodman hire him and he became very famous in new york at the time and he died in new york in 2001. one of the pieces of my ticket to ride is how many cubans of irish ancestry are there. because this connected to my family, that's why i wanted to read it to you. in the 40's, my father moved to new york in search of his destiny. he learned to make brillantine in red, blue and golden colors to give a beautiful sheen to the hair. in his spare time, when he could break free from his alchemist's captive vit, he would go listen to cuban music at the park plaza hotel in manhattan. those were happy times and years later became a happy tomic with me, convinced early on that my father inhabited a magic world. a few years ago, while listening to a recording of cuban blues by chic

. >> coming up next, latin flavor. ♪ >> a traveling exhibition celebrating latinos in americicc ah yesstery spot". not a mammal in this household is willing to lay claim to its origin. we may never know. let that sink in, people. we may never know. but now? now is not the time for blame. now is the time for action. ♪call 1-8-steemer with the best decongestant. my choice is clear. claritin-d. nothing works stronger, faster or longer for allergy congestion relief without drowsiness. get claritin-d at the pharmacy counter. live claritin clear. okay, so who ordered the cereal that can help lower cholesterol and who ordered the yummy cereal? yummy. that's yours. lower cholesterol. lower cholesterol. i'm yummy. lower cholesterol. i got that wrong didn't i? [ male announcer ] want great taste? honey nut cheerios. want whole grain oats that can help lower cholesterol? honey nut cheerios. it's a win win. good? [ crunching, sipping ] be happy. be healthy. can i try yours? >>> spanish word sabor means flavor in english. some of the flavor of an exhibit that means flavor as don sanchez it celebrat

we have well known writers in latin america that are not well known here, but in the latin american world, are very well known. incredible amounts of vibrancy going on. musicians. it is great. >> switching gears up it, what do you feel are some of the biggest issues facing your district? >> when i was first campaigning, there were a lot of murders going on. it seems to be settling down, but we need to be vigilant. how can we have a public safety environment that is going to be collaborative between community and police? that is something that i want to work on. how can we maintain strong relationships around public safety issues. occasionally, we have a murder. how can we respond, as a community. ? we have had several murders since i have been in office, and every time i look at how i can support the family, victims, regardless of the situation. try to get people involved in talking with the police, helping the community feels safer. these are the ways that i would like to be able to respond, something that i would always like to be a part of, the effort, as supervisor. one thing that i a

in latin america, the main factor that we sometimes forget for the transformation of latin america is that democracy came to democracy in 2008. you have in latin america a very democracy where many of the policies and distributions came about. because within democracy the voice really of the people was heard much more for health improvements and for policy interventions that may made the economy grow in a more economicable way so when you look at all the studies about latin america not only about economic growth but about the declining of inequality, the inclusion was inequality was falling not because it was a natural way but the intervention of the states for the public policy here. democracy is a big part of the success of latin america america. the expansion of education is a second major factor. the third factor is economic policies that we learn very hard from our crisis in the '80s. policies for more equipable growth as i say and they are of two types. on the one hand, the transfer of resources via pensions in the resources of cash transfers were very well designed and ways tha

now, in latin america, let me say first the main factor that we forget in latin america is the democracy came in latin america big time, you know, you have a very strong, strong democratic continent in the framework of democracy many of the policies for more equality and distributions came about. because within democracy the voice really of the people were heard much more for education and health improvements and for policy interventions that may see the economy grow in a more equitable work. when you look at all the studies that have been done in latin america not only about economic growth but the declining of inequality the conclusion is that inequality was falling not only because it was a natural thing that we have anyway but of the states with the right public policy for that to happen. so my first point is democracy is a big part of the success of latin america. it's not a small part of latin america. the expansion of education is the second major factor. with the growth as i say were introduced and they were of two types. on the one hand, the resources of the poor to the rural se

for nearly a millennium, the latin vulgate bible had been considered the only sacred text.s latin became less used, ordinary people couldn't understand what they heard when priests read the bible in church. there were calls for an english vernacular bible, but scholars who did the translations were branded heretics in 1401, the english parliament made it a crime punishable by death. enter william tyndale, a renegade 16th century scholar who made the first english translation from hebrew and greek texts. in 1536, even as king henry the eighth was separating from the roman catholic church, he had tyndale arrested and executed. but just a year later, it was henry who authorized the first legal english translation. baylor university professor scott carroll directs the green collection, one of the world's largest private collections of rare biblical texts and artifacts. he says 80% of tyndale's work ended up in the kjv. >> i think he's an unsung hero in the whole story. >> reporter: after henry xviii came a series of english bibles, all intertwined in the often bloody battles be

the traditions of latin music have impacted american music forever.e offer a historical perspective of that influence from after world war ii to today. >> latin sound is probably the greatest crossover of rhythm and sound of anything. it's just the heart and soul of the community. it was picked up in ways that are very profound. >> the smithsonian organized the show which originated with with a music project in seattle. >> the roots of the music runs deep but most made the crossover into pop music. bigger than life. ♪. >> he is joined by many others in the bay area. one of five regions where the music integrated into the culture. texas at saw leana, the miami sound and new york with rodriguez fuente. los angeles shows up with groups like loss pobbas.. >> i think what it does, it helps sort of promote the resources that we have through exhibits. >> corporate sponsors are paying the bill. he hopes it will be significant to a new generation. >> if they see these stories they may say it might inspire one of them to say i can do this too. >> eats a traveli

europe and latin america and much of africa.his was wide-spread and asia was different, they started out positively on separate issues and this cascadeed to europe amid concerns they could lock at a couple more greece's. but ahead of the big jobs report not united states the s&p saying it will be a key to determine how high the risk of another recession is and how vulnerable the aaa rating we have enjoyed for a century will be. our best is a chief investment strategist for standard & poors joining me now. is that in jeopardy? >>guest: good to talk to you. it is a question regarding the recess, certainly it does elevate the risk of recess should we get a second consecutive much worse than expected jobs report and, remember, last month, we expected to see 100,000 new jobs and we got 18,000. this time around the consensus is looking for maybe 80,000 to 90,000 new jobs so if we end up with another number close to 20,000 or worse that certainly would make me feel we are increasing the risk of recession because a lot of the other indi

he studied latin in history, both ancient and modern. and then 25 years later as charles reason is a teacher, the same teacher. and this is what she says about 10. cultured, refined, claimed to be a little supercilious was quite intolerant of mediocrity. he instinctively shunned the ordinary and commonplace and kept himself aloof from all that was awkward and unseemly. he could and would teach, but only if alaska's right choice in the selection of his pupils. those willing and able to submit to prophecies found compensation far in excess of exaction. attack of the study, developed the study for steady-state to those mentally alert, aspiring intelligent he disclosed in shares. satisfaction in wonder, whoever could be trained to enjoy what he enjoyed in the way please tend have measureless content as complete as exception. so i don't know whether you'd like to have a master teacher, but that's what he was. so philip was according to george downing a very good student, worked very hard and did very well at the lawrence street school. so i'm

pressed to control and curtail democratic strayed drug related violence has spread like wildfire across latin america and especially in mexico our insatiable demand for illegal drugs fuels the drug trade our inability to prevent weapons from being illegally smuggled across the border to arm these criminals causes the deaths of two. lease officers soldiers and civilians mexican officials have long been trying to draw attention to the torrent of illegal weapons flowing in from the us which conveniently sustained drug cartels and crime that have seen more than forty thousand mexicans killed in the last five years and a recent report by the global commission on drug policy denounced the recalcitrant violence calling the global war on drugs a failure stop the war on drugs and let's be more constructive in trying to reduce the consumption if you look only to the production the market is so profitable that all time to be someone which would be capable to risk his life to continue to be traffic and indeed profit margins related to the drug industry are huge and is the main factor that sustains it and

exactly as was documented in the lead in to this discussion and as we all know about in mexico and latin america and afghanistan and all sorts of other places that pursue their u.s. war on drugs so what do you think about that the whole premise of the last forty years has been wrong what do you think. well i disagree with it ok fundamentally and the introduction to the program ok you've got to be clear if you're going to say what we've been doing is wrong i don't mind changing the metaphor but to reduce the seriousness of our global commitment to reducing illegal drugs i think it's wrong first of all we've reduced in the past over all drug use fifty percent cocaine use my seventy five percent during the last forty years whenever you look at legalization effects the solution to reduce the powers of the cartel then what are you going to legalize you can debate marijuana but that's not going to solve a problem because they're going to be peddling in methamphetamine heroin cocaine if you legalize each of those they're going to continue to increase consumption of those the problems in our soc