lithuania recently joined the eurozone.have a lot to talk about with the lithuanian finance minister, who joins us on the phone. rimantas sadzius is in vilnius. we're just watching the russian president prepare for this phone in in which people can ask questions. this might sound like a cheeky question but if you were to ask the russian president a question what would it be? mr. sadzius: [laughter] hello from vilnius. good question. the only one i could ask would be rhetorical when can we expect easing of the situation that is because of russia's action so tense in europe and is already making influence on lives in the economy of many countries, including my own. guy: what impact is the russian story having on your economy? give us a feeling of how serious this is. mr. sadzius: it is serious. we do not expect economic downturn in lithuania, differently from russia, where the imf has an outlook of almost 4% fall in gdp. in lithuania we had to look into our prospects of development. we downgraded our optimism from 4.3% of gro

he discussed the future of the estona laugh via and lithuania, the three baltic states and there was -- he was bent on influencing stalin to the greatest extent he could. roosevelt didn't think he was going to die. he thought that in another 10 or 20 years he would be able to sort of tame stalin and make him a more responsible person, but in the meantime, he wasn't about to throw over the united nations for the sake of lithuania latvia and estonia. he believed countries had to run their own affairs and those three countries had belonged to russia before world war i. i mean, you can't -- he was a very tough man and he did a great deal of evil, but all roosevelt could do was harness him and hopefully change him and he made small changes as i said. stalin opened the churches, only bus of fdr. that is something that is totally amazing and most people don't know it, and it's not even -- it's not acknowledged today. >> by the way catherine hrari massachusetts a in went to an eastern service and she couldn't raise her arms them church was so jammed that she cooperate raise her arms. they we

he discussed the future of estonia, latvia and lithuania the three baltic states.and there was -- he, he was bent on influencing stalin to the greatest extent he could. he thought that, of course, roosevelt didn't think he was going to die. he thought that in another ten or twenty years he was going to be able to sort of tame stalin and make him a more responsible person. but in the meantime, he wasn't about to throw over the united nations for the sake of lithuania, latvia and estonia. he believed that countries had to run their own affairs. and after all, those three countries had belonged to russia before world war i. i mean, you can't, you can't -- he was a very tough man, and he did a great deal of evil, but all roosevelt could do was harness him and hopefully change him. and he made small changes, as i said. stalin opened the churches only because of fdr. i mean, that is something that is totally amazing, and most people don't know it. and it's not even, it's not acknowledged today. and by the way, kathleen hairman went to an easter service and she couldn't r

most affected by this are eastern europe former soviet countries, estonia, latvia lithuania, poland,ungary, and bulgaria. the investigation into gazprom has been going on for more than two years, but with diplomatidc relations artie strained between russia and the eu over the crisis in the ukraine, previous commissioners have held up fearing a gas cut off from moscow in response. gazprom supplies about 1/3 of europe's gas and half of that goes through pipelines crossing ukraine. the company will have 12 weeks to respond. if the charges are upheld, brussels has the power to fine the russian giant of 210% of its $100 billion global turnover, -- the russian giant up to 10% of its $100 billion global turnover. stephen: the government tells all local agencies and governments to move their funds to the central bank as talks with greece's international lenders to release about 7 billion euros of its bailouts stalled. prime minister alexis tsipras needs the cash to pay public-sector salaries and pensions. 770 million euro payment to the imf is also looming on may 12. let's check in on what i

. >> reporter: company managers have hired s i mona from lithuania after her internship ended. the website explains how different seasons and tea breeds change the taste of the drink. simona has spareearheaded an increase of international tours from visitors. they visited tea fields and tasted several varieties of the drink. >> we notice that the number of people who are interested in japanese green tea is growing. i really want to expand japanese tea even more to bring to the world. >> reporter: so far, the internship program has been a success for the tea company. last year sales to overseas customers quadrupled with shipments going out to 65 countries. >> translator: our mission is to bring japanese tea to the world. we want to convey the appeal of authentic green tea to customers overseas. other companies are fighting shrinking demand for green tea by developing new products. this company has invented a new seasoning that uses green tea. it is a green chili and salt mixture. in the company cafe chefs serve up a pasta that uses the seasoning. >> translator: pasta with tomato

starts in lithuania. this white van drives in front of the car with the dash cam. trying to get off the road i think, noticed the car with a dash cam is a police car. >> oh. >> and he has been drinking. >> oh. >> but it looks like it's going to end off relatively simply. pulls off the road. no. he changed his mind puts his foot to the floor, and the van takes off, very very slowly. >> oh no. [ sirens ] >> and he's off now at high speed. look how quickly he goes through here. now he's getting full-on dangerous. the police are like we have to stop this chase. the way they're going to do it they set up a roadblock with one of the police cars. but captain insano doesn't seem to notice. the front of the police car, before he takes it off the road ends up over the top of the guardrail. chase over. i.q., zero. but the craziness continues on the other side of the world. we head to calgary where we have a road rage incident. 4,000-pound suv engaged in a battle with the red car next to him. he just wants to get past it but he's doing it like so many people we've ever seen on

he worked at the japanese consulate in lithuania. >> translator: i renewed the determination to make a more proactive contribution to global peace and stability. we should not allow the tragedy or the courage of good will to fade away but keep them in our memory. >> this is the first official visit to the u.s. by a japanese prime minister in nine years. >>> an aide to obama says the president may travel to japan again before he leaves office. the official says obama is weighing a trip to hiroshima and nagasaki, both devastated by u.s. atomic bombs. >> there's certainly a possibility. we've taken the step of having ambassador roos and ambassador kennedy visit. we have a profound respect for how meaningful it is to the japanese people and particularly the people of hiroshima. >> rhodes told nhk that administration have been considering the proposed visits. he said obama is personally committed to supporting the idea of a world without nuclear weapons. he said this is partly because the u.s. knows of the horrific suffering nuclear arms can cause. obama expressed his desire to visit hiro

and that means building up our nato fors in lithuania and poland to indicate to putin show him that weound there. i think it also means that we ought to be giving the ukrainian government some reason to try to recover from its present situation. i favor the transfer of u.s. weapons to the ukrainian government to make thisña fairer fight and to raise the cost to putin.@ >> talking about vvladimir putin, russia's recent moves in ukraine. aggression has stepped up. heavy fighting there again. despite all of the warnings. then you have the other things russia is doing selling surface to air missiles to iran. intercepting international flights in u.s. reconnaissance plane in international airspace in the baltic seas. sending ships to the english channel. have you efforts to hack the state department and arguably the white house as well though they won't confirm that. what is going on. we're back with the panel. steve? >> you had had had 400 russian ñroops doing exercise in the pro-russian region of more dove have a last week. this is russia flexing muscles trying to indicate it's not going

. >> to support clearly lithuania, estonia -- >> rose: if it's a nato country it's not an issue they'llrt a nato country, they are bound by agreement to do that. ukraine not so. >> ukraine not so. that's why i don't think ukraine should come inside but my belief since the first day is that we have to show to putin that the case of ukraine is the case of europe. that the ukrainians are sentinels in this part of europe. >> rose: you don't deny that russia had a long time influence in ukraine. >> so what? france has an influence in nigeria. it does not means that they believe that algeria is forever beholden to france. it's free, it's a 1vqpá independent country influencing the path does not mean anything. england had influence in india. doesn't mean they deny that india is a strong country. we don't care. >> rose: some say the best out for this there are those who argue putin is looking for a way out and the west should help him find a way out. that he overreacted to what happened when the president of ukraine had to flee the country and go to moscow. putin then got, you know. >> to help

lithuania's leadership her u.s. attorney's office has brought many important prosecutions in human trafficking. in u.s. v. lopez perez three brothers were convicted for running a human trafficking ring involving 14- and 15-year-old girls. ms. lynch was also involved in the successful prosecution of the grenado her hernandez sex trafficking ring. in u.s. v. johnson ms. loretta lynch was involved in a prosecution where a queens man was convicted for trafficking and prostituting a 16-year-old girl out of his home. this nominee for attorney general knows more about the subject than most. and has a record to approve it. -- to prove it. the executive director of rights for girls is one of the nation's leading anti-trafficking advocates. she said, "it is clear that as the top prosecutor in brooklyn, new york, loretta lynch has a strong record of being tough on crime and human trafficking." and she is being held up on the floor because of our failure to pass a bill on that same subject. here's what the president of the nati

stephanie: let the when he a trades at 40 basis points -- lithuania trades at 40 basis points. bruce: ireland when they took a bailout package, the 10-year note was at 11%, right where greases today. you know where ireland trades today? it trades at about 68 basis points and has a 10-year note that trades at the dollar price of $1.44. the greek government bonds -- i'm not saying go out and buy them, but we are at a fork in the road. i say they are not going to leave the euro and then you project forward a couple of years from now and when the ecb is coming in to buy quantitative easing, they are buying 60 billion euros per month in that is what is driving all the crazy yield levels, those start at some point -- they will start buying greek government bonds again. they will start buying them again sometime later this year or into next year. erik: what you are saying is that there is going to be a convergence. greece is going to come in from the periphery. trading at 10% plus now and going to end up roughly where you think cyprus is. bruce: that is a good place to start as a star

do you know estonia, lithuania, lot be a -- latvia?es we have in understanding the complexities of europe. we are honored to bring you valdis dombrovskis of the european commission. with vladimir putin speaking in russia he is going through his annual event with the russian people. give us an update on the relationship of the baltic states to mr. putin and his russia. valdis: good morning. baltic states relations with russia have been quite obligated. since russia's aggression against ukraine, fueling worries about security inside the region. we are working closely with our nato partners and seeing increased nato troops presence in baltic states to partially boost our security. tom: i need to go back to new york city. here's olivia sterns with goldman sachs earnings announcements. olivia: a big beat for lloyd blank five. first quarter earnings coming in at $5.24. well ahead of estimates. we have an expert on set. scarlet: fixed revenue, $3.13 billion in revenue. the consensus was for an increase of $2.9 billion. equities revenue also i

formulation of long-term strategy and to express certain findings related to the baltic states with lithuania number three '01 express says the state of georgia the amendment number three '07 by myself the full committee mark to add to the sense of certain clarifying statements with iran. without objection is there any further discussion with this package? mr. russell? thank you, mr. chairman there appreciate your indulgence but i do have concern over 127. when we were putting together the strategic plans for afghanistan we studied a lot of what caused the russians to fail in that theater and among the top five was forcing things from the communist culture and the ability to ignore the culture that afghanistan had. they had no problem recruiting or with technical ability but had real issues with the ideology it in particular the integration of women into the armed forces. as we proceed i have very high caution it is completely different as how we view it here but this was a major sticking point and honestly we run a great rest by pushing that kind of money at this kind of problem i yield back

whose business is predominantly focused in sweden finland, with the when you come up let field -- lithuania latvia and estonia. also with russian satellites in cause extent -- kazakhstan and other places. it is planning to merge its data shop with eleanor. the eu has probed into the deal over concerns it could raise prices and thwart innovation. we will speak to the chief executive in about 45 minutes time about today's earnings and the probability of that danish deal going through. further breaking news. manus: europe's -- caroline: europe's biggest software beating when it comes to total revenue. sales are 4.5 billion euros. this is non-ifr s. it is not in line for the international reporting financial standards. with their own comparisons, they are beating analyst estimates. software revenue was 696 million euros and it appears that there support revenue is growing faster than had been estimated. 509 million euros. a lot of this is getting a boost from foreign currency. the weakening of the euro -- this is a company that gets about 48% of its sales. the united states stronger dollar gett

and latvia and lithuania would be sold off to the soviet union as part of pole land.while it is true. it was ultimately the soviet union that broke the nazi's back. it was testified to. and the likes of roosevelt it. is true that the soviet union went onto occupy all of the countries of eastern europe as well as some of the central europe. and so it is a true. it became a military superpower. we should thank our lucky stars that world war iii never happened. thank you to mad. mutually assured instruction. the ussr fell apart not because it was isolated or nonengagement on the part of the west. but in fact actually made it stronger. but it fell apart because of the system that ceased a function. it was simply not viable. when it fell apart when gorbachev and yelts incame into power. did if engage a new russia. is the deeper than good old boris pr policy was this and you lost the cold war you can pay for it. just shut up go back into the cave you are a second-rate country. we don't care about you anymore. have the west the united states first and foremost, and decided t

states such as latvia, lithuania, ukraine tried and succeeded briefly. georgia, azerbaijan, russia was both an empire and regime. both were splintering in the aftermath of the great war. and so there were huge questions that the world had to settle. what was the shape of europe going to be like? what was the shape of the middle east going to be like? because as the ottoman empire fell to pieces, suddenly all the arab territories, vast arab territories of the ottoman empire were now up for grabs of some sort. there were colonies to be disposed of in africa and south pacific. questions to be settled in the far east. and there was a real danger that many felt at the time, the europe and the world were going to plunge into even more revolution. the second revolution in russia, of november 1917, had seen a very small and fanatical splinter group in the bolsheviks take over.there was fear that it would go elsewhere and there was some evidence that it might there was a communist revolution in bavaria. it only lasted for a week come but it was enough to worry a

august 1939 with the secret protocol whereby the independent baltic states of estonia latvia and lithuaniaere sold to the soviet union as was part of poland. and while it was true that ultimately it was the soviet union that broke the nazi's back it was testified to. and the likes of roosevelt it. is true that the soviet union went onto occupy all of the countries of eastern europe as well as some of the central europe. it is also true that it became a military superpower, and we should thank our lucky stars that world war iii never happened thanks to, mutually assured destruction. the ussr fell apart not because it was isolated or nonengagement on the part of the west. weight in fact actually made it stronger. but it fell apart because of the system that ceased a function. it was simply not viable. when it fell apart, when gorbachev and yelts incame into power. what was the west response? did they engage? if you look a little deeper than good old boris pr policy was this, and you lost the cold war, you can pay for it. just shut up, go back into the cave. you are a second-rate country. we

infamous ribbentrop packed of august 1939 were by the independent baltic states estonia latvia and lithuaniae sold off to the soviet union as was part of poland. while it is true that ultimately it was the soviet union that broke the nazis back that is justified too by the likes of winston churchill and franklin delano roosevelt. it's also true the soviet union went on to occupy all the countries of eastern europe as well as some of several year. it's also true became a military superpower and we should thank our lucky stars that world war iii never happened thanks to mutually-assured destruction. the ussr fell apart not because it was isolated not because of non-engagement on the part of the west which in fact actually made us stronger. it fell apart because the system ceased to function. it was simply not viable. and when it fell apart when gorbachev and yeltsin came to power what was the west's response? to engage in the new russia? if we dig a little bit deeper than the good old barbie, the good old arras pr pack that was put out for popular consumption of policy with this, he lost the c

august 1939 with its secret protocol whereby the independent baltic states of estonia, lat via, and lithuania were sold off to the soviet union as was part of poland. and while it is true that ultimately it was the soviet union that broke the nazi's back, as testified to by the likes of winston churchill and franklin delano roosevelt, it's also true that the soviet union went on to occupy all the countries of eastern europe as well as some of central europe. it's also true that it became a military super power and we should thank our lucky stars that world war iii never happened thanks to m.a.d. mutually assured destruction. the ussr fell apart not because it was isolated not because of nonengagement on the part of the west which in fact actually made it stronger. it fell apart because the system ceased to function. it was simply not viable. and when it fell apart, when first gor ba chev and then yeltsin came to power what was the west's response? did it engage the new russia? if we look a little deeper than the good old gorby pap. the policy was this, you lost the cold war just go back into

. >> can you talk specifically about what's being done by nato in estonia lithuania with regard to that? >> as mentioned a moment ago, the reassurance measures being taken by nato do include -- and the united states is part of this obviously -- rotating forces through the baltic states, engaging those states in terms of exercises and training and assistance, as well as facilitating additional aircraft being stationed in those countries. nato awax are flying over eastern europe to a greater extent. ships are in the baltic and the black seas. all of this is designed to bolster and underline the article v commitments. >> thank you. one last question. secretary toloui, all four of you have said in different ways that the solution is diplomatic, economic and military. my question is on the sanctions. they don't have a consumer -- russia doesn't have a consumer economy. basically. they've got an energy economy. their banking sector can be hit and also their military arms manufacturing sector. can you speak in a nonclassified way about what needs to be done from the sanctions perspective that