yet, we have reported the gc hq and nsa are signing on petrobras. are there terrorists and petrobras customer they are spying on the organization of american states when they are negotiating economic agreements. are they terrorists? i think the job of the journalist is to prevent people in power from lying to their citizens. >> how can you guarantee the material you have you can keep safe? the thing is, could it possibly be on a memory stick in your pocket? if you want to know how you can keeping safe? >> we at the guardian have protected all of our data with extremely advanced methods of encryption and our documents have remained completely secure. we have not lost control of any of our material. that remains entirely secure. , when reason i ask this your partner, i suppose in the evidence it said what he was doing was carrying around passport material written on a piece of paper, the sides being cryptic files. that is not very worrying about how careful you are about security? >> well, i guess i need to give you the reminder again that as a journa

petrobras goeson to bigger point that since the cold war is over, that a lot of u.s.elligence is used to spy for corporations and the significance of this, of what the nsa is doing? >> it is a really important point. the spying on the individual leaders gets a lot of attention in part because those individual leaders don't get truly angry until it is revealed that they themselves are being spied on. that is just the nature political leaders. the bulk of the reporting is been about two things in these other countries. number one, the mass indiscriminate spying on the population. secondly, what you just referenced, the clearly economic espionage. that's significant for two reasons. number one, the us government has gone around telling the onld from president obama down from the beginning of the stories that this spying is necessary and justified to protect the american people from to preservend national security. yet so much of the reporting we have done is proven that to be in after life. there spying on petrobras, spying on the brazilian ministry and the canadian inte

petrobras has been very slow developing this area, because they have chosen to be very careful. >> thank you so much for enlightening us in bringing us the latest on this case and helping us understand it. >> my pleasure. thank you. >> for the past two weeks, we have been featuring a three-part investigative series that looks into the dangers of synthetic marijuana. it is a designer drug created in laboratories. the chemical is meant to mimic the thc effects in marijuana. but that is far from reality. in part one of our investigation, we met three families who have been directly affected by this drug. and part two, we took a closer look at why it is so hard to regulate, and some of the actions local governments are taking to get synthetic rugs off of store shelves. this week, maryland joins the states that have a law banning this product from those store shelves. however, despite extensive efforts by the government and police to get rid of these drugs , the problems persist. today we bring you part three, which tries to answer the questions of where these drugs are coming from thomas who

brazilian president dilma rousseff in response to your mention of spying on petrobras and on her personally canceled a meeting with president obama which could put in jeopardy billions of dollars in defense contracts for that country we've heard very strong words coming from elsewhere in latin america there's a european union summit being held today in brussels what might the diplomatic fallout or economic fallout be with the european union over allegations like this well you know as i said previously it's really difficult to believe that he really does including the french the french media and the germany they didn't have a known about this for a very long time so it looks like any kind of outrage is. difficult to judge the how genuine that is and i think if anything. the european powers kind of accept that you know friends do spy on each other. and they're doing business as usual and building up their relations with the u.s. competitive is all about the end result seems to be is just more kind of public embarrassment for the u.s. government which is finding it increasingly difficult to cl

every week or every month of delay brings about more knowledge about how to do this safely thanks petrobras the brazilian national oil company has been very slow in developing the this area because then what they have they have chosen to be very careful thank you so much for enlightening us and bringing us the latest on this case and helping us understand it david pseudo law professor and director of the president american institute for law and environment at pace law school my pleasure thank you all right for the past two weeks we have been featuring a three part investigative series that looks into the dangers of synthetic marijuana it's a designer drug created in laboratories the chemical is meant to mimic the t h c effects in marijuana but that is far from reality now in part one of our investigation we met three families who have been directly affected by this drug and part two we took a closer look at why it is so hard to regulate and some of the actions local governments are taking to get synthetic drugs off of store shelves this week marilyn joins the list of states that have the la

now, in brazil oil workers have been on strike for a second day, too, but the state owned company petrobras working hard. they're talking about plained auction of a major oil field. the government is intent on selling off state oil assets. >> translator: many people have died on ships and on platforms. beside it is the auction of oil rights, there is another crew privatization that is being outsourced. >>> in neighboring uruguay plans for a giant mine provoked protests. hundreds marched in the capital. they recently passed a law giving the private company the go-ahead for five open cast mines. opponents fear chemicals and explosions bill poison the land. >>> in colombia people have been injured in protests against indigenous mines. they also say their ancestoral land has been stolen and they're fighting against government policies. >>> six months into the job, and venezuela's president, nicklaus maduro is plames sack taj by the party. that's being disputed even by his own supporters. rachel reports from ka ras cass. >>> in venezuela baseball fields are sacred grounds, one of the few places

. >> caller: i really like to have your take on petrobras argentina, pze. >> no, that's too easy.ce run. argentina is not where i want to invest. i was willing to invest in petrobas. that's still cheap. hasn't done that much yet, i think that's a much better buy. i like pbr, not pze. don't let domestic politics cramp your portfolio's style. we're hunting around for d.c. resistant stocks. when we find them, we like them. you know what we like? we like franks international. buy franks and say thanks. stay with cramer. >>> tomorrow, kick off the trading day with "squawk on the street" live from post 9 at the nyse. >> stay tuned, the negativity seems to be being cut by some of these calls. >> it all starts at 9:00 a.m. eastern. ...for the yjust want to say, hi. sorry. i bundled home and auto with state farm, saved 760 bucks. love this guy. so sorry. okay, does it bother anybody else that the mime is talking? frrreeeeaky! [ male announcer ] savings worth talking about. state farm. [ maplays a key role resethroughout our lives.alth one a day men's 50+ is a complete multivitamin designed

what does it tell us about petrobra.whole empire and what happened in brazil. >> i think i read in the notes that in fracking the output drops dramatically after the first year and the second year. >> keep drilling, yeah. >> even fracking which we see as a great boon for the american economy and for the potential return of manufacturing in the united states, it may not pay off as much for the guys who are actually doing the drilling. >> for some of the guys who paid too much for acreage, clearly it's been a struggle. other people have done a better job like eog resources, some of the players are struggling to cover their debt service and their obligations to drill more holes under their leases at $3.50 gas. it's an area that you have to do fundamental work on. you can't just say, oh, this is bullish or i'm going to buy natural gas producers. they all have different capital structures and lease obligations. >> we had boone pickens on yesterday and we continued talking with him yesterday. one thing he pointed out after the

the consortium which includes petrobras, royal dutch shell is estimated to hold up 12 billion barrels of oil. demonstrators rallied against it and demand all oil fields be nationalized. but the chinese companies will hold far less than initially expected. and it all comes as china embarks on a more aggressive investment push abroad in a bid to secure its energy and resource needs. according to research from the heritage foundation, china's global investment hit $42 billion in the first half of 2013. it's up sharply from just 9.9 billion in 2005. sub-saharan africa is up. we know china has been clearly an investor in resource around the globe. and they were in this resource global fight. i suppose the question is whether that -- you said they haven't diversified in the home economy. the question is whether international investment gets diversified, as well. >> well, i think it's not just oil. obviously. they've been buying pork producers in the u.s. and so forth. so there is broader investment going on overseas investment going on from china. but you're right. resources is still the ma

petrobras, think of oil there in brazil, look at it now, it is up eight 1/2%. recently, they're discussing a new fuel pricing strategy which will allow the company to more easily align the domestic prices there compared to the costs abroad and what jpmorgan is saying, hey, anything they can do to try to have more continuity between the local prices and more customary price will actually be better for their earnings future and at least that predictability. so that is some good news for them. you see the stock is jumping. we've seen stocks from abroad, brazil, chile, mexico, all doing well. ashley: thank you very much, nicole. we'll check back in with you at bottom of the hour. >>> severe storms across europe today. a newnew reports coming in saying there are now at least 13 deaths. the u.k. and germany have been hit the hardest at this point. hurricane-force wind up to 99 miles per hour, causing pouter outages, shutting down traffic, snarling air travel as you can imagine across the region. this is the worst storm in britain in over a decade. a hiccup for europe