. -- latvia the green light to join the euro in 2014. we begin this broadcast in egypt where the country is one step closer to forming a transitional government. a spokesman for the interim president says he has named a prominent economist as interim prime minister with the opposition leader, mohamed elbaradei, as his deputy. >> earlier this tuesday, the muslim brotherhood rejected the election timetable put forward by the interim leadership. it includes a constitutional referendum followed by elections in a presidential ballot within six months, but divisions remain on the future of the country. >> after long wrangling, egypt's new prime minister has been named. hazem el beblawi is a former finance minister and a social democrat. he is a compromise candidate, acceptable to both the liberal and ultraconservative parties who supported the removal of president mohamed morsi. opponents of the ousted president are still massing on tahrir square, pinning their hopes on elections promised by the new interim president. "by the end of this year,

. -- latvia the green light to join the euro in 2014. we begin this broadcast in egypt where the country is one step closer to forming a transitional government. a spokesman for the interim president says he has named a prominent economist as interim prime minister with the opposition leader, mohamed elbaradei, as his deputy. >> earlier this tuesday, the muslim brotherhood rejected the election timetable put forward by the interim leadership. it includes a constitutional referendum followed by elections in a presidential ballot within six months, but divisions remain on the future of the country. >> after long wrangling, egypt's new prime minister has been named. hazem el beblawi is a former finance minister and a social democrat. he is a compromise candidate, acceptable to both the liberal and ultraconservative parties who supported the removal of president mohamed morsi. opponents of the ousted president are still massing on tahrir square, pinning their hopes on elections promised by the new interim president. "by the end of this year,

we believe it's good news, not only for latvia. we believe it's good news also for the europe and eurozone. >> latvia joined the eu in 2004. the country's gross domestic product has grown at more than 5% since 2011. >>> delegates from russia are the new faces around the table at the world trade organization. they joined the group less than a year ago. and they're already facing a trade dispute with their counterparts from the eu. eu delegates have criticized the russians for what's called a recycling fee on imported vehicles. they say the russians are overcharging to protect domestic carmakers. they say the maximum fee for new cars is $3400. for vehicles older than three years, $22,000. eu officials say the tariffs have caused imports from the eu to fall by 7% while russia's domestic market expands. >> we have such recycling fees here in europe. the fact is, russia doesn't impose that same recycling fee on its own cars. so that's where the problem lies, is a discrimination against the european manufacturing. eu representatives want

it is foolish to compare countries like france and latvia to the united states of america. we are home to 316 million people. our challenges are different, but our results are nonetheless impressive. if you can pare u.s. states to hundreds of foreign countries, 10 of the top fastest regions in the world are here in america. we are flying up the internet speed chart. in 2009, the u.s. ranked 22nd in the world. today, we ranked eighth. average peak connection speeds have tripled over the past five years. like everyone, we want to deliver more. we want every american to have access to broadband number rich, poor, urban, and rural. we do not cherry pick the most lucrative customers. we serve everyone. we still have one quarter of americans who have access to broadband but have not yet gotten online. we want to fix that. cable has launched adoption programs throughout the country offering low-priced broadband to low income american families. programs like connect to compete and internet essentials are helping get all of america online. one great example is the boys and girls clu

hans with macker and latvia. he moved to amsterdam where he learned the banking business. he spent time and again is prison and then he got out of prison and reinvented himself. he moved to sweden, changed his name to johan palmstruch. established himself in swedish society and we don't even really what you look like or what his personality was but i can only guess that he was someone who instilled confidence, that he seemed completely credible sober minded serious person that the elitists of this country in the 1600s thought we would trust that guy with our money supply. so johan palmstruch got a license from the royalty to start what became stockholm debacle for the first central bank. very simple and people would take the place, deposit them in the bank, get the notes, paper notes and what they realized is what you meant, why should we only get the notes equal treatment of money, and amount of copper we have in these faults? why don't we actually make loans, do something? not everybody needed a big copper plate at the same time. what these notes began with the first pap

it is foolish to compare countries like france and latvia to the united states of america.llionome to 316 people. and the land mass of the united states is 3.6 million square miles. our challenges are different, but our results are nonetheless impressive. if you can pare u.s. states to hundreds of foreign countries, 10 of the top fastest regions in the world are here in america. we are flying up the internet speed chart. in 2009, the u.s. ranked 22nd in the world. today, we ranked eighth. average peak connection speeds have tripled over the past five years. like everyone, we want to deliver more. we want every american to have access to broadband number rich, poor, urban, and rural. we do not cherry pick the most lucrative customers. we serve everyone. ofstill have one quarter americans who have access to broadband but have not yet gotten online. we want to fix that. cable has launched adoption programs throughout the country offering low-priced broadband to low income american families. programs like connect to compete and internet essentials are helping get all of america

but it's foolish to compare countries like france and hat via -- latvia to the united states of america. the land mass of the u.s. is 3% 3% -- 3.8 million square niles, much of it rural. our challenges are different, but our results are nonetheless impressive. if you compare u.s. states to hundreds of foreign countries, ten of the top fastest regions in the world are here in america, and we are flying up the internet speed charts. in 2009 the u.s. ranked 22nd in the world. today we rank eighth. average peak connection speeds have tripled over the past five years. but like everyone, we want to deliver more. we want every american to have access to broadband; rich, poor, urban and rural. we don't cherry pick the most lucrative customers or the elite users. we serve everyone throughout our footprint. now, if america has one serious communication challenge, it's how to clez the adoption gap -- close the adoption gap. we still have one-quarter of americans who have access to broadband but have not yet gotten online. and we want to help fix that. cable has launched adoption programs throughou

. >>> meantime, latvia, now the 18th country to join the euro officially.d to meet budget and debt deadlines to be accepted. >>> warren buffett donating just $2 billion worth of stock in his company, giving that money to the gates foundation. focuses on, of course, alleviating global poverty and he signed a pledge to give away all of his stock by the time he died. >> $2 billion with a "b." >> not million. >> amazing, great organization, too. >>> finally, to chad myers in the weather center for what you need to know this morning. >> skies pretty good across the east coast. airplanes doing well, minneapolis, slowdown. we showed you this last hour, 2,000 planes, now up to 3,000 planes going up to a high around 6,000 later today. still hot in the northeast, 87, tomorrow cooler. atlanta, you get to 84. rain showers across a lot of the northeast. that way most of the way today. we're going to have rain across parts of the ohio valley, right into buffalo, new york. >> it is summer, it is hot, it is really hot. >>> now at the top of the hour, means it is time for t

it is foolish to compare countries like france and latvia to the united states of america. we are home to 316 million people. our challenges are different, but our results are nonetheless impressive. if you can pare u.s. states to hundreds of foreign countries, 10 of the top fastest regions in the world are here in america. we are flying up the internet speed chart. in 2009, the u.s. ranked 22nd in the world. today, we ranked eighth. average peak connection speeds have tripled over the past five years. like everyone, we want to deliver more. we want every american to have access to broadband number rich, poor, urban, and rural. we do not cherry pick the most lucrative customers. we serve everyone. we still have one quarter of americans who have access to broadband but have not yet gotten online. we want to fix that. cable has launched adoption programs throughout the country offering low-priced broadband to low income american families. programs like connect to compete and internet essentials are helping get all of america online. one great example is the boys and girls clu

. -- latvia the green light to join the euro