mr. rudd has given -- been to the governor general and been sworn in as the prime minister. he will go to parliament this afternoon and make a statement to announce himself as the new prime minister of australia. the opposition will have the opportunity to offer a no- confidence vote if that is -- and if that happens, we will have more interesting things going on. the opposition wants to get this to an election so the australian people can vote. nothing is impossible here. >> will this sin leadership change, make a difference for labor in the upcoming election? the party looks set for deceit but it is -- for defeat but it is bad for labor. >> the polls have been showing that julia gillard was behind the opposition leader. rudd as the kevin new labour leader was a last- ditch effort by the party to throw competition. the opposition leader has been speaking and he sounds a little bit more nervous. he is calling for a new election day. he wants to know when he is going to the polls and he sounds more nervous than under julia gillard. it does look as though mr. abbott will win t

i congratulate mr. rudd on his election. in view of his election, i have written to the governor general asking her to commission rudd as prime minister of australia. >> rudd won the labor party ballot with 57 votes to gillard's 45 on wednesday night. gillard had promised to quit politics if she lost the ballot. rudd was sworn in as prime minister in december 2007, but his support rate remained low and he eventually stepped down in june 2010. the leadership shake-up follows a series of opinion polls suggesting gillard's minority government would suffer a devastating defeat at national elections to be held within three months. >>> the u.s. federal reserve chairman is wondering if he has to change his plans. he feels the economy is improving and that he may want to taper monetary easing as early as later this year but the latest economic data doesn't support this view. ai uchida joins us from the business desk. good morning. tell us what's going on. >> catherine, u.s. gdp is always revised a couple of times and the latest figur

mr. ruddg he's decided to challenge despite emphatically ruling that out over the last couple of years or so because many of ordinary australians have asked him to challenge once again for the leadership and he says he believes that he's the most or the best candidate to be able to defeat tony abbott the opposition leader in september. the prime minister julia gillard saying if she's not successful when it comes to this ballot that she will bow out of politics, she will resign and not contest the next election. she urged essentially urged mr. rudd to do the same and he said he will also do that if he's not successful. so about 35 minutes or so now until we get this vote. i'll be back bringing you all of those developments throughout the night here in australia. >> sounds good. we look forward to it. thanks very much for that. >>> in the meantime before we get that, citigroup are updating operations in asia by opening up smart banking branches with video walls and touch screen sales points. it

mr. rudd will have the same problem. it won't go away.her reason why he needs to go soon. >> indeed, david. the message there from business has been that once there's a change whether it comes from the labor party or conservatives, let's hope they get it. david burchell. >>> as the world is supporting the confederations cup, protesters took to the streets on wednesday. 30,000 demonstrators gathered to demand better public services just three kilometers from where the game is being played. this comes despite the brazilians punishing them for corruption. >>> elsewhere, samsung shares snapped a six day losing streak. you can see the share price up 6 plus percent just as the south korean electronics giant slapped a $13,000 price tag on a super thin television. let's go to seoul. the price tag on this television, who's going to buy it for that price? >> exactly. the hefty price tag does come with the high cost of the technology, but let's talk about the nice session that we saw with samsung on the kospi today. the concession seems to be the im

this makes mr. rudd lead your of the party but not prime minister.arty officials says the prime minister lost 57-45. an update on the nsa leaker from the ecuadoran foreign minister. he is telling the world not to hold its breath waiting for a decision on asylum for mr. ed word snowden. the foreign minister says the decision could take months the prime minister -- the minister said he did not know what they would decide because it could hurt trade with united states. those are the latest headlines on cspan radio. ,> had there not been a sherman like maybe would have been dominated but he would not have won the election. he went on to defeat, 50 percent sought -- 56% of the popular vote and george mcclellan had a lot of momentum in september and was writing a letter to sherman and others as if he expected to become president of united states and suddenly, sherman to atlanta, and for one week he did not say where. -- he did not say word. william tecumseh sherman save the union effort i cannot think of anybody in the time who could have done that. >> mil

mr. ruddon his election. i have written to the governor general asking her to commission rudd as prime minister of australia. >> rudd won the labor party ballot with 57 votes to gillard's 45 on wednesday night. gillard promised to quit politics if she lost the ball ot. rudd was sworn in in september of 2007 but his support rate remained low and he stepped down in 2010. the shake-up follows a series of opinion polls suggesting gillard's minority government would suffer a devastating defeat at national elections to be held in three months. >>> president barack obama laid out an aggressive action plan to cut carbon emissions and prepare the united states for the impact of climate change. he faced criticism in his first term for failing to live up to his promises on the environment. obama says 40% of all domestic carbon pollution comes from power plants and pledging to introduce federal limits for new and existing facilities. >> power plants can still dump unlimited amounts of carbon pollution into the air for free. that's not right. it's not safe, and it needs to stop. >> the president is vowing to invest in cl