create a new initiative to help countries build their defense capabilities, starting with georgia, muldova, libya. and i leave here confident that nato's partners are prepared to join in a broad international effort to combat the threat posed by isis. already, allies have joined us in iraq, where we have stopped isil's advances, and we have equipped our iraqi partners and helped them. nato has agreed to play a role in security and humanitarian assistance to those on the front lines. key nato allies stand ready to combat this threat through military, intelligence, and law enforcement as well as diplomatic efforts. and secretary kerney will now travel to the region to continue building the broad-based coalition to help us degrade and ultimately destroy isil. so i think the progress that we have achieved in wales makes it clear that our alliance will do whatever is necessary to ensure our collective defense and to protect our citizens. so with that, let me take a few questions. i'll start with julie pace of the associated press. >> reporter: thank you, mr. president. i wanted to go back to th

and the long term, forecast is r the place in million dovea -- muldova and edges of the old soviet union that are frozen conflicts and have been for years and years and years and if if i'm president obama i'm looking at this as the next two years in my life because it will not be solved. >> does this mean the nato response was not quite as robust as we naught? people came out of this session saying, new special forces that they're going to be ready to defend the baltic states. was this getting tough? or is this sort of nato realizing it's not as powerful as it used to be and trying to act that way? >> the remark you just made it sounds like ukraine but no further. is we're drawing a line. but that line cedes what has already happened. if you do something again, fine. but they're allowing what's happened so far. john: hasn't this happened progressively? they first ceded crimea. >> they never admit that. they would never admit that they -- that we're going to allow -- john: but in effect they have. what can be done about that? nobody is intending put boots on the ground in ukraine. so does

in 2015will decide whether or not to ask muldova to join. google is agreeing to a settlement. app charges racked up by children lane video games on mobile devices. apple and amazon have faced similar complaints. facebook tells people to check privacy settings. they will prompt removing -- status updates. facebook has been criticized for privacy. areprivacy settings difficult to understand. huber plans its new san francisco headquarters. leasing 423,000 square feet of office space to be built in the mission bay neighborhood. that is the company news from the files of bloomberg west. that valuation works. >> i think i took over 14 times yesterday nady was 15. >> was it more or less than a taxi? it is great. a full disclosure. summer is over as well. there are new walls of foray to climb. a consistent worry is the strength of the american economic experiment. we are glad to bring you abby joseph cohen and david herro. let's open this discussion up. david, let me go to you. you are an international investor. is america the strongest economy? andt is a most dynamic robust and flexi

which we did not do in the case of the russian occupation of territory georgia and mull dovea -- muldova. in light of ukraine's proximity to russia, russia's overwhelming military advantages in the area, and putin's apparent willingness to violate the norms of international conduct, there's little that ukraine would be able to do to stop a direct, large scale russian military action should russia choose to invade openly. nato will not go to war with russia over ukraine. nor should we lead the ukrainians to believe that we will. as we tragically did with the hungarians in 1956. what should the united states and our allies do in ukraine? first, we should continue to find ways to make it clear to the russians that they cannot reject the post cold war order in europe while continuing to participate in the european economy at the same time. that's why sanctions are important and must stay in lace even if a cease-fire is conducted if russia con forms its actions to the norms of international behavior. second, we should do more to help the ukrainians to fend for themselves. the ukrainians empha