will record quarterly losses around seventeen billion dollars i think mr dudley is one of the best persons to the head of b.p. at the moment he had a history of a successful manager. of a huge company i mean to be in extremely tough conditions in russia there probably would be pea needs right now also mr dudley made from team can be pretty old style salvi a tall kompany and he may do to one of the best in the knobs for man down the street just look at the marketing success of b.p. brand at a retail market in the largest retail region of russia in moscow b.p. a retail stations probably one of the most popular in moscow so the share over the retail market. is actually more than a quarter so it says something. time now to have a look at how the market for the four million here most guys markets are mixed in early trade with delta yes gave me a quarter of the start of all those big gains on monday and still higher than expected earnings from the world from the left and improved investor confidence following the results of the european bank stress tests and also promising start asia start long

needs right now also mr dudley i'm a. pretty old style soviet all kompany and he made one of the best. knobs for men down the street just look at the marketing success of the brand at a retail market in the largest retail region of russia in moscow. retail stations probably one of the most popular in moscow so the share over the retail market. is actually more than a quarter so it says something. but finance ministry is planning russia's biggest asset sale since the early ninety's the government times to raise up to thirty billion dollars over three years to cut the budget deficit stakes in ten companies out to grab including russia's largest oil producer the power generated was hydro and top lenders v t v and. the government could keep fifty percent plus more in share of these partially lifted complete and major sell staves and other list companies that russia will be. let's have a look at the markets now in japanese talks edge toyah early tuesday here's a live from a strong us though rising and his movements with limite

i think mr dudley is one of the best persons to had a b.p. at the moment he had a history of successful manager. of a huge company i mean to be in extremely tough conditions in russia there probably would be p. needs right now also mr dudley made from team key pretty old style salvi a tall company he made one of the best in ross in a few knobs from him down the street just look at the marketing success of b.p. brand at a retail market in the largest retail region of russia in moscow. probably one of the most popular in moscow saw the share all over the retail market. is actually more than a quarter so it says something. the finance ministry is planning russia's biggest asset sale since the early ninety's the government aims to raise up to thirty billion dollars over three years to cut the budget deficit minority stakes in ten companies are up for grabs including russia's largest oil producer rolls left power generator was hydro and told lenders vitti be in spare bank the government could keep fifty percent plus one share of these partially li

mr. dudley, my name is michael, i am the vice principal chief of the united houma nation. i have seen the cleanup effort in a variety of our communities. i've been down to the end of the mouth of mississippi, i've been in places like bay baptist, i've been on the beach at port fourchon and what i've seen so far is a very disorganized cleanup effort. i've seen miles of unattended boom. i've seen miles of boom washed up on the bank with no one around. i've seen pockets of oil in the marsh with no one there to clean it up. my question is how are you going to make this cleanup effort more pro active? how are you going to change the dynamics on the ground and make this effort more effective? >> i'd say to mike that will the cleanup effort has not been perfect. we have had to respond and allocate resources from louisiana all the way across to florida. and we've had to do that sometimes very quickly. there's been gaps in the defenses and you almost have to think about this as an invasion of oil to make sure that you're ready for it. we've had some devastating pictures, particular

mr. dudley is a mississippi native, and as a deep appreciation and affinity for the gulf coast.ause of a tropical storm, national commander will begin a static kill operation next week. and it is an attempt to pump mud/cement from the top and at the same time there will cut off the flow from below. with a two different relief wells. >> bp is saying that after that explosion triggered in april, and it will tap into the original oil. several miles under the ocean floor. >> and why this postal worker stepped a colleague this morning. he is a janitor in northwest atlanta. he pulled a knife on the overnight shift, stepped a colleague who was a supervisor. he is recovering and the post office employees are shocked! there were unaware of any tension. take a look to this man, this is at a kmart in pennsylvania. he is stealing an air gun and used this to hold up a store, from the bank. the teller put in red dye into the money. and he was quickly tracked down, arrested. and the money was flowing up his shirt, though winnick was calling him a lot of the pocket, they have called them the du

mr. dudley is from mississippi, which is a step in the right direction, but at the same time, mr. dudley did represent just a month ago that the relief well could be completed as soon as tomorrow, and tomorrow actually happens to be the day when the last quarterly financial report of bp is going to be made public, so i actually don't like the fact that they picked the date, which is something that they're not going to meet, as a coincidence, that it dealt with the financial report because ultimately i believe many people in the gulf of mexico and the united states believe that bp has been much too interested in its own liability and not enough in the liveability of the gulf of mexico. mr. dudley now has to turn the page and move beyond the era that mr. hayward presided over. >> well, you've certainly been at the forefront. and we'll see what happens at the board meeting with bp today, and i'm sure we'll be talking with you again on down the road. congressman markey, thank you very much for being with us this morning. >> thank you. >> juju chang has the other news for us. good morni

is nothing special in question hello mr dudley given thank you for coming to our program. we're going to talk about iran's nuclear program today probably and the main problem here is that it's not clear whether or not there are nuclear weapons in iran. as the invested to this country would you say that iran's nuclear program is a real threat for anyone. and this has been an issue for several years already just because and we don't have a definite answer to this question at this point. of course we can say for sure that iran has a bomb or he's ready to make it here. and we can only base our judgment on the information and data gathered by the international atomic energy agency here mighty ali because the resolutions did the i.a.e.a. board of governors the dogs after carefully examining the situation. by the way i'd like to say that a border is the only competent international agency on this issue. anyway even if there is aleutians that it dogs and become the basis of good for our own judgments and new un security council's resolutions from the regarding iran's nuclear progr

i think mr dudley. one of the best persons to the head of b.p. at the moment. he had a history of successful manager. of a huge company i mean to be in extremely tough conditions in russia that b.p. needs right now also. i'm a. pretty old style soviet all kompany and he made one of the best. street just look at the marketing success. at a retail market in the largest a retail regional frosch in more school. probably one of the most popular get more school so the share over the retail market. is actually more than a quarter. something the finance ministry is planning russia's biggest asset sale since the early ninety's the government trying to rise up to thirty billion dollars over three years to cut the budget deficit minority stakes in ten companies are up for grabs including russia's largest oil producer and that's how it generates a hydro top blend is. the government could keep fifty percent plus we want to share of these partially listed companies in a later fell states in the list of companies like russia israel and they. come down to look at the market an

i think mr dudley is one of the best persons to had a v.p. at the moment he had a history of a successful manager. of a huge company. in extremely tough conditions in russia that probably would be needs right now also. made from the pretty old style soviet all kompany he may do to one of the best. street just look at the marketing success of v.p. brand at a retail market in the largest a retail region of russia and moscow. stations is probably one of the most popular you moscow saw the share all over the retail market. is actually more than a quarter. something. from nothing how the market performing in here in moscow the market like climbing with the r.c.s. up all the while feeding the gains are old enough to be to the bank one and two can speculate both the companies are the russian government proposed selling. and over in europe shares are advancing to dorothy franklin nubia gaining shell play in the banking fact that. the announcing us mint of its new c.e.o. the same time as placing a hefty loft placing is trading up top of. the european

today over two billion profit just sort of underscores now as the chief executive mr dudley will have no choice but to spend considerable or energy and effort there's no way this can sort of be delegated bob actually was became kind of a scapegoat boy a lot of people at b.p. quite frankly for the dispute that he is now taking over as captain of the ship and we'll be alternately responsible for b.p.'s posture policies negotiations with the russian government on this russian partners. it will end up being one of the great corporate stories to be told as for the outgoing c.e.o. of b.p. tony hayward he's going to be nominations for board seat at b.p. and always say the reshuffle will not recur and will dispute heywood's post does not executive director won't require his presence in russia and any greater role for him in the russo british consortium has already been ruled out. business r.t. . tunnels have a look at how the markets are doing in moscow both poles are climbing in to try to the benchmark my sex putting on zero point five percent and energy stocks which retreat is in the previo

mr. dudley, congratulations are in order, i guess. you are taking over a company, whose brand and stock price and balance sheet have been battered. you're facing over 300 lawsuits in the united states. the well hasn't been sealed. and you still have to pay for one of the most massive cleanup jobs in history. with so many issues to deal with, what's at the top of your to-do list? >> well, good morning, george. and this is a difficult day. tony hayward, the ceo, has stepped down. i'll be transitioning with him and taking over on the 1st of october. what's first on my agenda is to make sure we do seal that well. that the effort contains the spill. we clean up the beaches. we restore the gulf. and we'll be doing that for a long time. that is my number one focus, particularly over the next month and a half. i'll be back in the states, working on that full-time. >> you say seal the well. do you expect to try the top kill, the final static kill next week? >> that's right. we're going to case the relief well, to make sure it has full integrit

mr. dudley will be more responsible, but total change in the culture of this company is necessary. >> we are so, i guess, hopeful is the best word to use as we look at the picture from down at the bottom of the sea and see no more oil coming out, but this is so really just a phase of this entire process because there's still more oil in the water, and there's tens of thousands of lives of people who have been affected by this. >> well, remember, even if you can't see as much oil on the surface, hundreds of thousands of gas of oil of chemicals was shot into the oil as it came out of the well. as a result, under the surface of the ocean there are millions and millions of gallons of oil with this chemical dispersant attached to it. and so, yes, the consequences of this spill are going to go on for months and potentially for years. and everyone should be aware that this is something that is not going to end for a long time. >> congressman ed markey, we appreciate your time this morning. thank you. >> thank you. >> it turns out to be a busy news day. >>> here's bethany nguyen with a look at t

mr. dudley last night and continue to discuss with his staff this morning. there is a table top scheduled in houston where they will go over the procedures. i expect we will have a response back from them by midday. any issues that need to be clarified, we will be able to proceed. we will start removing the current capping device that is on the well sometime tomorrow. that will be followed by a duration when there will be no capping device. but there will be a multi-day duration when there will be some exposure to hide from -- to hydrocarbons. will continue to move forward -- we will continue to move forward. this weather is offering a significant opportunity. as of yesterday, we had moved to 17,780 feet. we will move to 17,830 feet, getting very close. things will get slow at this point as we go on in small sections. they will drill and with a drawl. -- and withdraw. sometime in the next week or so, we will be in a position when they can assess when they can drill into the circle area outside of the drill pipe. then they will pursue with the first opportuni

and winning back the trust of the american people has a very large operation under robert dudley for trade as mrnice guy in the media compared to hayward do you think this is true. i personally think tony hayward did a very good job and i think the reason why he was not like might have been a cultural issue. industry people do not have not asked emotional maybe or maybe the gulf people would have liked him to be i think there was a question of cultural perception more than anything i've personally seen tony hayward did a good job. where the one least better than the other it's a question of what's better for the company at this point in time they both have done a good operations and i think tony still has a lot to keep going forward ok and staying with that point then what do you think is the new role likely to be for tony hayward well it has been said that he's going to be a non director for t.k. and b.p. the russian operation and he said very very good exploration and production guy so i think it will be a good asset for the rancher russian venture i was sort of moved you think is this symboli

oh tony hayward in a somewhat musical chairs move mr hayward will replace former. head robert dudley who will move to b.p. headquarters in london the boss what benefits not just the ex-pats in the region you know they have entire villages built for them which if they choose to they don't even have to leave them there every whim is created for including weekends flights back home and of course for russia this is quite beneficial as well drew when the experts culture is very valued because it's to relates cultural growth call. growth there's somewhat doubtful though the top managers party with the best and keenly of void the rest including members of the press something that in their native europe or america would not be accepted as well but here they set the rules and everyone else watches on trying to appear in behind the tentacle ass of their motorcades. catch our t.v. moscow. well that brings you up to date. america's lack of success in military campaigns that have cost thousands of lives and billions of dollars and hold its reputation as a role model for the mocker see well that's

tony hayward in a somewhat news ical chairs move mr hayward will replace former. head robert dudley who will leave moscow for b.p. headquarters in london the boss what benefits not just the ex-pats in the room they have until a village is built for them which if they choose to they don't even have to leave their every whim is created for including weekends floyd's back home and of course for russia this is quite a bit official as will the drill we expect the culture is very valued because it's to relates cultural growth. cultural growth there's somewhat doubtful though the top managers party with the best and keenly of void the rest including members of the press something that in their native europe or america would not be accepted well but here they set the rules. and everyone else watches on trying to peer in behind the tentacle ass of their motorcades. catarina. well still to come this. siberia make no mistake what you're seeing on screen really is classed as one of the coldest parts of russia you can find out what's boiling in just a few minutes from now. a big day for orthodox

tony hayward in a somewhat musical chairs move mr hayward will replace former. head robert dudley will move to b.p. headquarters in london the boss what benefits not just the ex-pats. they have entire villages built for them which if they choose to they don't even have to leave them there every whim is counted for including weekends floyd's home. for russia this is a bit official as well drilling experts culture is very valued because it's to cultural growth cultural growth there's somewhat doubtful though the top managers party with the best and keenly of the rest including members of the press something that in their native europe or america would not be accepted as well but here they set the rules and everyone else watches on trying to appear in the high. they tend to their motorcades. catarina. moscow. one of little later peter lavelle and he's guess what beijing the prospects of peace in the middle east that's in about ten minutes from now on r.t. but first let's check out what's happening in the world the business that's right stephanie coming up. hello and welcome to the bu

oh tony hayward in a somewhat news ical chair is move mr hayward will replace former b.p. head robert dudley who will move to b.p. headquarters in london the boss what benefits not just the ex-pats in the region they have entire. villages built for them which if they choose to they don't even have to leave their every whim is catered for including weekend flights back home and of course for russia this is quite a bit official as will the drilling experts culture is very valued because it's to cultural growth cultural growth there's somewhat doubtful though the top managers party with the best and keenly of void the rest including members of the press something that in their native europe or america would not be accepted well but here they set the rules and everyone else watches on trying to peer in behind the tentacle ass of their motorcades catarina is our of our mascot. well there are plenty more ahead here including dialing for help we investigate the rise in abuse of the elderly in the czech republic and whether a new helpline will make a difference. first russia's patriarch kirill has l

dudley met the president last month. but the white house is making it clear that a change? it will not change their town. >> -- their tone. >> mr hayward is leaving, but the key is that bp cannot leave and should not leave the gulf. >> in louisiana, few seem to think that the change will make much difference. >> whether it is an american guy or a british sky, which has been done has been done. now you just have to clean it up and get it done. >> the damage is already done. now you're just trying to save your company, save wildlife, said everything around you. all he is doing is picking up the pieces. >> tomorrow, 100 days will have passed since the accident. the political impact on one of the world's most important industries is still uncertain. the industry expects tough new rules ahead. if president -- it is a president obama's attacks that have made the headlines. he is trying to get americans to think about their energy needs. >> i intend to keep pushing for broader reform, including climate lips solution -- climate legislation our current energy policy is unsustainable. >> in this is bigger than one or one company. it coul

dudley, bob utley, from "the new york times." he may soon be leaving bp. other stories related to the oil's been. "the wall street journal" fell short -- said mr. hayward fell short of modern ceo demands. his various gas showed a degree of tone deafness. also looking at a news from the gulf, "the washington post" says two types of grasses, whether or not they can rebound or survive. it may determine the fate of the entire region of the coastal marshes. let's go to connecticut. the bill, democrats line. caller: good morning. i was a little bit late to this, but this story just lays bare all of this information and all of the stuff. this is really the stuff that only goes to when bush was in office, correct? host: 2004 until 2009. caller: it just tells the story. this was pre -- the surgeon all of this stuff. so it is not telling us anything of what is happening today. it is history really, what it is telling us. it is kind of misleading in the papers when they say it lays this bear and all of this other stuff. it lays history there but it does not lay the current conditions there. host: do you think things have changed significantly in afghanist

svanberg leading -- and dudley to their recent white house meeting, investors are braced for a clearout of leadership once the leaking oil well is capped, perhaps in the next few weeks. mr. svanberg the swedish chairman isening singled out for shareholder criticism for his perceived lack of decisive leadership during this and his failure to support tony heyward, the embattled chief executive. to the oil drilling story specifically, our news maker program runs every sunday at 10:00 a.m. eastern time and 6:00 p.m. eastern. our guest tomorrow will be senator jeff bingaman, democrat from new mexico, talks a little bit about the future of off-shore drilling. >> the truth is there is no statutory prohibition except in the eastern gulf of mexico today. so it's essentially up to the department of interior and the administration as to which areas they make available for leasing. and i think their decision making in that regard is obviously somewhat suspended until we figure out what went wrong in this spill and disaster that we're currently still experiencing. so the big issue is not what's congress going to do about off-shore drilling, it's what the administration is going to d