a very distinguished justice is here today in justice mow renault to give -- moreno to give him the oathf office. one of the things i learned over a lot of years, ladies and gentlemen, is nobody does anything by themselves. it's all a team effort. so the assistant d.a.'s that work with this new d.a., the judges that the cases are presented before, all of this is extraordinarily important. and i was very proud to support george gascon in this race for district attorney. and i did so because of his record, because of his consistency, because of his directness, because of his ability. i'm very proud that gavin newsom as mayor appointed him police chief and then district attorney and many times people who are appointed can't win in an election, but george gascon did win and today he is here on his own as an elected official with 62% of the vote in the city and county of san francisco. [applause] >> he is the 12th elected d.a. and our first hispanic american district attorney. [applause] >> gavin mentioned all the various accomplishments that he has had introducing the chief of police here, a

vehic volkswagen and renault nissan sold more. what does 2012 hold for the auto maker? >> reporter: toyota introduced a new hybrid, the prius c in japan last december. it's the cheapst and most fuel efficient hybrid on the market. the company's hoping that the new model rekindle domestic demand. it's all part of toyota's recovery strategy. >> translator: to overcome the impact of the strong yen, we must sell cars we make in japan to customers in japan. >> reporter: toyota exports a large proportion of the cars it produces in japan. increasing domestic sales will reduce foreign exchange rates. the plan is off to a good start. the company received more than ten times the number of orders it had expected in the first month after the prius c was introduced. toyota has set an ambitious target for 2012. it plans to sell more than 9.5 million cars worldwide. that will be a company record. the company expects have the sales to come from emermging economies where the expansion of the middle class has boosted demand for automobiles. last month toyota decided to increase productio

touring in good shape you're going right i think the game's in the same level if you feel a little renault. and maybe i'm a level i don't know if you're going to improve in two weeks or in but i think you're will have enough level to complete the olympics going in with a level that you should look to have everything to make this year one of the most if not the most successful bull rush the cycling but i don't know my feet. me marcus expand cycling team stan are have announced their new line up for the season that includes promising young cyclists alongside their season leader alexander knock off his back foot after breaking a leg during last year's tour de france but says this will probably be his last season and he will bow out to be nude pics. action now from the n.b.a. where the boston celtics have beaten the cleveland cavaliers ninety three points to ninety seven storing a bit of pride against the side which beat them two days earlier paul pierce the main man for boston with twenty points and he helped them head off a late challenge from cleveland driving into the basket to give his si

finished touring in good shape you're going right i mean begins in the same level if you can use it to renault. and maybe i'm a lawyer or you know if you're going to improve and to reach but i think you're here for in office but it will to compete in the olympics and with a little bit you should look to have everything needed to make this year one of the most if not the most successful russian cycling robert archie. extern cycling team have announced that line up for the new season that includes promising young cyclists alongside the season's later alexander vinokourov he's back faith after breaking a leg during last year's tour de france but says this will probably be his last season and he will act to the lympics. maybe on tomorrow just sport where formula one supremo penny ecclestone is pushing hard to keep russian driver fatality petrol in the sport ahead of the new season that petrol has been frozen out of the latest round saying he's now hard former world champion came reichen in but the russian is manager oksana says ecclestone is came to petroff to stay in formula one and one year old

renault question about it. but they still wish they could charge a higher rate. >> if you get an excess of people trying to buy advertising, the rate will go up, will look not for some of them it would, but this is not a marketplace situation. the law says the advertising has to be at the lowest rate, not a precise definition. >> that is a campaign law that has not been violated are circumvented yet? >> i am sure never because we are honest and honorable in broadcasting. >> you must own stock in it. [laughter] what are the negative things you are hearing on the phone lines? >> a lot of what you all talked about here, which would be that everybody is being torn down. but again, you are talking about people will listen to a program like mine, will call into a program like mine, they are very attuned. there is a burnout factor. for most people, it is not a factor yet. maybe it will be enough -- september or october. >> i want to know how the different issues are playing to your listeners. are they really intereste

. >>> kicking off in france, renault profit has fallen. the stock is up nearly 2 1/2%. edf stock is down 0.4%. annual growth view but not good enough to raise the stock. and ppr today luxury goods have been outperforming recently. the profit did rise as expected. they see a strong 2012 performance but this is a sector that has been outperformed, the stock down 3.2%. we focus, of course, on banks. moody's coming out saying it may cut the rate of 17 global banks and 124 eu financial institutions and numbers out today from socgen. you see the stock down 3%. the profit did slump and toxic assets in particular are weighing. frederic oudea said investors should be rae assured about the bank's efforts to cut their exposure to peripheral debt. >> overall 75% reduction of exposure and we just have 307 million remaining. regarding the other countries we have short maturities. we were basically reimbursed. we have new exposure to port dwal and limited exposure to spain. >> okay. and don't forget, of course, we'll be hearing more from frederic oudea during the show in an interview

but look at the automakers, renault and peugeot. automotive celtics alone within the eurozone, which is 11% of gdp, might mean that if they actually carry through on selling the sort of volume that they're intending to produce, we may still avoid recession in europe. back to you. >> simon, i want to dovetail what is going on in europe at the close with what's going on here in the united states. we've seen a turn in the past half hour. >> this is exactly what we were talking about. it's draghi time. and draghi's got a problem. the ecb meeting is tomorrow. and everyone was going to swamp draghi with questions about, okay, so now that we have a greek deal or supposed to have a greek deal, what's the ecb going to do? are you going to contribute, are you going to do a debt swap? what's going to happen? mr. draghi is very constrained. very difficult for him to make comments because we don't have a greek deal. he's not going to say, yeah, we'll do a lot for you white house knowing what the greek deal looks like. there were vague headlines