for almost 100 years under british rule, this was rangoon. helping the british fight off the japanese, and with a new taste for self-determination, the country gained independence. after a decade of instability, however, the military consolidated power and never let go. elections? they came and went. the results ignored, opposition punished, or silenced entirely. burma, now myanmar, where orwell had once served as a colonial policeman, where he first had grown to despise the apparatus of a security state, became more orwellian than even he could have imagined. a nation where even having an opinion could be dangerous. >> i am very honored to be here at this university and to be the first president of the united states of america to visit your country. >> morning in yangon, to nearly everyone's surprise, there have been some huge changes in recent months. >> difficult time in any transition is when we think that success is -- >> nobel prizewinning democracy champion, aung san suu kyi, for nearly 15 years under house arrest, was released and is

we have this report from rangoon. >> you would not have seen this two years ago. these young people are taking advantage of all of the changes. >> i am i millionaire now. -- he is a millionaire. he is 28 years old and he is a millionaire. >> there is only one country left in southeast asia. >> a berm has the same population as britain. this is rich in resources and potential. this is very attractive to investors. this is the most poor country in southeast asia. there is no running water or electricity. the average child goes to school here for four years. she has started sending her 13 year-old son. >> i dream of having a better life. right now i am is struggling to make a living. i want to escape poverty. >> burma actually has a huge rooms for growth. grow fast.ll need to for that to happen they need more of this. manufacturing and multinational branding, like coca-cola opening their 16th branch here. to show that infrastructure and training -- for the company, this is a problem with a big reward. theheare doing business in a developing country. upon a have embar

we have this report from rangoon. >> you would not have seen this two years ago. these young people are taking advantage of all of the changes. >> i am i millionaire now. -- he is a millionaire. he is 28 years old and he is a millionaire. >> there is only one country left in southeast asia. >> a berm has the same population as britain. this is rich in resources and potential. this is very attractive to investors. this is the most poor country in southeast asia. there is no running water or electricity. the average child goes to school here for four years. she has started sending her 13 year-old son. >> i dream of having a better life. right now i am is struggling to make a living. i want to escape poverty. >> burma actually has a huge rooms for growth. grow fast.ll need to for that to happen they need more of this. manufacturing and multinational branding, like coca-cola opening their 16th branch here. to show that infrastructure and training -- for the company, this is a problem with a big reward. they are doing business in a developing country. upon a have embar

actually bigger, covers more ground than the commercial capital yangon, what you and i used to know as rangoon traffic, huge administrative buildings with very little in the way of people. it is really surreal, carved literally out of the jungle just a couple of years ago, and this is where the seat of government is right now. my thoughts. yeah, this is a good analogy, ross. this is surreal in a sense, it is as surreal as the rate and the pace of change politically and also economically that we've seen happen in myanmar in just the last two years or so, because remember, this place has been literally closed to the outside world for the last 60 years, since the military took over back in '62-'63, so what's going on now is really unprecedented. people call this place a land frozen in time, but it is opening up, you're right, and this is exactly what people here at the world economic forum are talking about. more than 1,000 of them from academia, from business as well, from government, how to keep those reforms going, how to ensure stability here in myanmar, because in many parts of this country

i wonder what ken rangoon thinks of that. meanwhile, cdw cut the price of its ipo and that's already at the bottom end of a lower range. it's $395 million. >>> let's check on the markets this morning. this has been the big story for at least the last week or so. take a look at the futures this morning and you will see that they are indicated slightly higher, just about 22 points for the dow futures. s&p up by 3.2 points. yesterday was a big up day for the markets. massive gains throughout the day. we'll see what happens. yeah, it has been up and down and up and down all over the place. look at europe and see where things are starting out. you can see it's mixed results at this point. barely budged. ftse is up by .4%. the dax is up .1%. you did see the nikkei up by almost 3%. that's building on the gains that we saw here. that was a gain of 380 points. if you check out oil prices, yesterday's daily news. you can see the wti right now is up 27 cents to 9577. ten year note. this is the market to watch. the yield right now is at