it was a completely different story i think the professionalism of the ministry of finance has gotten much better as well you're starting to see strategic plans introduced but implementing them is not easy so it will take time but i think the direction is a good one ok very much change gears here is going to the euro crisis the middle of august is coming up and greece is coming up and. spain's coming up no matter what russia does it can get really hit hard when something happens with the euro eurozone and it's beyond russia's control. russia is very integrated in the global economy so i definitely am not one of those that would say that the russia ease isolated we have a true done some simulation exercises trying to answer the question if there is a major economic crisis in europe what will be the economic impact in russia two scenarios in particular i would like to mention we have calculated or estimated that give greece were to exit the european union the maximum impact on the russian economy will be on the russian economy will stop growing in two thousand and thirteen basically the

because all health insurance companies are nonprofit and because government bureaucrats in the ministry of financeet the amount israel will pay health providers in israel. on his way to israel, romney spent time in the united kingdom, making one diplomatic mistake after another, and watching the opening ceremonies of the olympics which included an homage to britain's purely socialist tick national health service. if romney had found the time to see michael moore's "sicko," he would have understand that the brits were celebrating their favorite form of socialism. >> what do you pay for a stay here? >> no one pays. >> we're asking how do people pay. and i said, well, there isn't. you don't. >> national insurance. there's no bill at the end of it, as it were. >> what'd they charge you for that baby? >> sorry? >> you've got to pay before you can get out of here, right? >> no, no, no. >> everything's on nhs. so it's -- it's not america. >> joining me now are karen finny, former dmc communications director and contributor, and keith boykin, a democratic strategist and b.e.t. columnist. karen, there he g

the ministry of finance says it won't stop company's interest payments on overseas loans and subsidies can be as much as the benchmark lending rate. overseas investments soared more than 48% in the first half of 2012 to over $35 billion. africa adding to china's global investment spree the president is offering $20 billion to african countries over the next three years. it will double the amount pledged back in 20 o09. the eu has rejected china's checkbook approach to doing business with africa, a major supplier of raw materials to china. ross, back to you. >>> we hear regulators in the eu expressing concern that china is writing checks in africa. should we be concerned? is it better than us writing a check? >> it's hard to really comment too much on exactly what china is doing. i'm not an exert on the region. there's so much negativity around chinese growth prospects because people are looking at fundamental data, not realizing there's plenty of opportunity for intervention. china is trying to stimulate more activity for its domestic ability in foreign markets. >> looking at an intere

. >>> a former official of japan's finance ministry says they could lose their status as an advanced economy in a few decades in terms of the gross domestic product per capita. former administrative vice minister presented estimates for the japanese economy in 2050. this is based on a few scenarios. they were given at a symposium organized by a think tank of the japan organization. he said that even under the most optimistic scenario the economy will shrink from the 2030s onward largely due to a decline in the work force. he urged swift measures to improve the working conditions for women and senior citizens. he calls on the government to do more from growth in other economies. joining the trans pacific partnership was one of the ideas. >>> tablet computers are popular. that is not the only market where competition is heating up. the electronic book market is also seeing quite a bit of competition. the market trends can be seen atten expo in tokyo. 150 companies including publishers and electronic device makers both from inside and outside of japan are taking part in the e-book tokyo

ministries, and associated companies dating from august 2006 to march 2012. this extraordinary data arrives from 680 syrian related entities or domain names, including those of the ministries of foreign affairs, finance, information, transport, and culture. the files shine a light on the inner workings of the syrian government and economy, but also reveal how the west and western companies say one thing and do another. >> the syria files were unveiled without wikileaks founder julian assange, who remains in the ecuadorian embassy in london seeking to avoid extradition to sweden. harrison read a statement on assange's behalf. >> to the massage cannot be with us today but has given this comment on the files. -- to an assange cannot be with us today, but has given this, to the files. it has [unintelligible] understand the interests, actions, and thoughts. it is only to understand this conflict we can hope to resolve it. >> three top figures from argentina's former ruling junta have been sentenced to additional time in prison for the deliberate theft of babies from political prisoners. former dictators jorge rafael videla and reynaldo bignone as well as former navy officer jorge acosta were found guilty

was here last time there was always the suggestion that given data we'd seen from finance ministry, they would run out of cash by early august. don't forget, too, on august 20th they had this bond repayment to the ecb of 3 billion euros. they're certainly going to need interim financing. the european commission have come out and said they're not going to be able to pay the next install many of the bailout deal until early september. this interim period is certainly going to require more cash for the greek government. what we've heard, though, too over the last 24 hours is the financing here, not just over the next month or so, but in items of the debt sustainability just looks way off and something has to be done about that. throws concerns about the ongoing imf involvement to end this bailout deal. what is clear is that greece needs to step up. that was the message we got from the prime minister yesterday. he said that where greece have fallen behind, they need to catch up. that was effectively echoing what the german finance minister said at the weekend, too. there is willing there. the european commis

. >>> finance ministry officials say problems at home and abroad combine to widen japan's trade balance. they posted a record-trade deficit for the first half of this year. the sluggish global economy is one factor and the other is utilities need to import more gas to make up for lack of nuclear power. finance ministers say the japan trade deficit in the first six months of 2012 stood at $37 billion. that is the largest deficit ever in the january-to-june period. exports are up 1.5% from a year ago. auto shipments to the united states and asia grew, but demand for electronics and plastic parts fell. imports rose 7% because of an increase in liquid natural gas purchases. however, the trade balance for the month of june was in the black. it turned to a surplus after three months of deficits. the surplus was $790 million. finance minister officials say they will monitor the impact of the world economic trends on japan exports. >>> the finance ministers are growing concerned over the pressures over the spain economy and the high debt. the spanish economy minister and the german economy minister said this does not add to the growth potential and su

of japan covered the truck. both countries claim islands. japanese embassy staff filed a protest with the foreign ministry urging it to prevent similar incidents. >>> finance ministers from 17 eurozone nations will be getting together in brussels soon. they'll be discussing how to implement measures that top european leaders agreed last month to contain the debt crisis. the meeting is set to begin at eu headquarters later on monday. up on the agenda is how to use an eu bailout fund to directly inject money into struggling banks and to stabilize bond markets for debt-ridden nations facing high borrowing costs. at a summit late last month, leaders agreed to dip into the stability mechanism to help the region's ailing economies like spain and italy. the finance ministers are also expected to talk about the scale and conditions of assistance for spain. in addition, they plan to take up the greek government's request to relax the conditions for austerity measures the eu has imposed in return for financial support but bailout talks with the spanish and greek governments aren't going well. and it's not clear how much the ministers can do during their -- or minist

of the duma to show their disdain for the legislation. they fear the new law will tighten the screws on harmless civil-rights activists by granting them foreign agents. >> putin, medvedev, the finance ministrythe whole kremlin party united russia, they are the real agents. they are selling out our country, and its wealth. >> without doubt, it is and absurd law, ridiculous. it is like being back in a stall in -- stalin's era. >> a majority of duma the beedis approved the legislation on first reading. human rights fear for their future. under the new law, all ngo's receiving international funding have to register as a foreign agent. their accounts and financial sources must be checked regularly by state auditors or the face drastic fines. the kremlin argues the label is necessary. >> there are groups in russia that are politically active and are supported by foreigners. they present the results of their work as the opinion of the russian civil society, and that is ot right. >> the legislation comes after president putin lashed out at opposition activists during his election campaign, accusing them of being financed by the u.s. grain imam, some intense summer storms causing chaos in germany --

of that tightening that happens. >> greg, stick around. more from you. we got more from german government spokesman from the finance ministry. issued a statement regarding the situation. we'll do all in its power to do whatever is that. more importantly they are saying that they have received no application from spain for the esf to buy bonds and they have said the discussion about esf bond buying was purely splaektive. >> the treaty doesn't envision a license. coming up we'll head out the madrid as they comments throw a spin on markets this morning. stay with us. [ female announcer ] e-trade was founded on the simple belief that bringing you better technology helps make you a better investor. with our revolutionary e-trade 360 dashboard you see exactly where your money is and what it's doing live. our e-trade pro platform offers powerful functionality that's still so usable you'll actually use it. and our mobile apps are the ultimate in wherever whenever investing. no matter what kind of investor you are, you'll find the technology to help you become a better one at e-trade. the heart of every innovation. wow. that feels re

finances. >> ysabel: a staff member for president barak obama of the election campaign died. campaign officials said that a alexlacrant work in the media department basic care ministry him and he was taken to the hospital where he was pronounced dead. they say the president called his parents to offer his condolences. he was a field organizer on president obama senate campaign and then worked on his presidential campaign for 2008. >> marty: the blaze is running about 170 homes, this fire broke out thursday afternoon and forced the evacuation of residents in the short tell canyon. >> ysabel: still to come on kron4 news we can look to the rielle hunter are ever to be allowed to text and e- mail while behind the wheel. >> marty: we will get to that and first you want to take a look in the south bay. the five we have partly cloudy skies, we will be right back. building pass, corporate card, verizon 4g lte phone. the global ready one ? yeah, but you won't need... ♪ hajimemashite. hajimemashite. hajimemashite. you guys like football ? thank you so much. i'm stoked. you stoked ? totally. ... and he says, "under the mattress." souse le matelas. ( laughter ) why's the new gu